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Texas oil lease

Producing

TBK UNIT

TBK Unit is an oil lease in Karnes County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Eagleville (Eagle Ford-2) field.

7 wells

31,667bbl oil, last 12 months−23% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Karnes County
Field
Eagleville (Eagle Ford-2)
RRC lease
02-10828

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Gas, last 12 months
55,056 mcf
Oil in Jul 2026
2,167 bbl

Production by month

Oil output fell 23% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for TBK UNIT, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 31,667 bbl in the 12 months through Jul 2026, against 41,155 bbl in the 12 months before.Last 12 months: 31,667 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for TBK UNIT, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 31,667 bbl in the 12 months through Jul 2026, against 41,155 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2025 the lease's gas goes to lease fuel instead of a transmission line

Flaring peaked at 3.3% of the gas in Mar 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of TBK UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 3.3% of the gas in Mar 2024.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: line to fuelFlared 3.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to lease fuel instead of a transmission lineShare of TBK UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to lease fuel instead of a transmission line. Flaring peaked at 3.3% of the gas in Mar 2024.Share of gas by disposition code0%50%100%Nov 25: line to fuelFlared 3.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    69% · 37,927 mcf

  • Transmission line (2)

    31% · 16,909 mcf

  • Flared (4)

    0.4% · 220 mcf

0.4% of the gas flared in the last 12 months. 3 months above 3%.

7 wells on this lease

Wells on TBK UNIT
API numberWell no.Status
42-255-335701HShut-in
42-255-339192HShut-in
42-255-339663HShut-in
42-255-355464HShut-in
42-255-355475HShut-in
42-255-355486HShut-in
42-255-355497HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers40Sep 1, 2025–
Harvest Marketing & Trading, LLCOilGathers30Sep 1, 2025–
Shell Trading (Us) CompanyOilGathers30Sep 1, 2025–
Enterprise Products Operating LLCCasinghead gasGathers100Sep 1, 2016Sep 1, 2025
Enterprise Products Operating LLCCasinghead gasBuys100Sep 1, 2016Sep 1, 2025
Bp Products North America Inc.OilGathers25Aug 25, 2017Sep 1, 2025
Enterprise Crude Oil LLCOilGathers25Aug 25, 2017Sep 1, 2025
Phillips 66 CompanyOilGathers25Feb 1, 2018Sep 1, 2025
Shell Trading (Us) CompanyOilGathers25Aug 25, 2017Sep 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

321.45 acres on the newest permit

A pooling certificate was filed

7 wells are listed on this lease

Permits for TBK Unit
API numberWell no.Acreson the permit
42-255-355475H321.45
42-255-355486H321.45
42-255-355497H321.45
42-255-355464H321.45
42-255-339663H321.45
42-255-339192H321.45
42-255-335701H321.45

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What Magnolia Oil & Gas Corporation told investors it received

Magnolia Oil & Gas Operating LLC is linked to Magnolia Oil & Gas Corporation (MGY).
Realized prices reported by Magnolia Oil & Gas Corporation
QuarterOil$ per bblFiling
Q2 2026$98.13SEC filing
Q1 2026$70.29SEC filing
Q3 2025$63.55SEC filing
Q2 2025$62.20SEC filing
Q1 2025$69.81SEC filing
Q3 2024$74.23SEC filing

SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for TBK UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,1671,7905,4386765$80.46$2.89
Jun 20262,0292,1753,5925700$84.81$3.15
May 20262,3642,1773,3997960$102.13$2.94
Apr 20262,3122,7344,0421,15659$100.32$2.77
Mar 20262,6982,4774,2311,15143$91.38$3.04
Feb 20262,1042,2125,1971,5720$64.51$3.62
Jan 20262,8363,1285,8151,1052$60.04$7.72
Dec 20252,9042,2784,3157548$57.97$4.26
Nov 20253,0102,9814,5932,1805$60.06$3.79
Oct 20252,9483,3294,8662,56235$60.89$3.19
Sep 20253,2133,1894,7262,26340$63.96$2.97
Aug 20253,0823,1924,8422,12423$64.86$2.91
Jul 20253,1513,0044,3551,83040$68.39$3.20
Jun 20253,0222,7893,9581,553129$68.17$3.02
May 20253,2383,3965,3102,84837$62.17$3.12
Apr 20253,4803,4175,0142,51579$63.54$3.42
Mar 20253,5423,8264,4811,92291$68.24$4.12
Feb 20252,7112,6553,8241,35056$71.53$4.19
Jan 20253,6943,4404,4901,90543$75.74$4.13
Dec 20243,0773,4024,2071,1893$70.12$3.01
Nov 20244,0443,9044,7052,1790$69.95$2.12
Oct 20243,3023,3604,7712,1432$71.99$2.20
Sep 20244,0733,8064,9062,3190$70.24$2.28
Aug 20243,8213,8624,8412,2150$76.68$1.99
Jul 20243,7183,9804,5651,6790$81.80$2.07
Jun 20243,7433,7624,5321,8102$79.77$2.54
May 20243,8473,8814,3701,56316$80.02$2.12
Apr 20241,8962,3753,8641,6488$85.35$1.60
Mar 20243,2993,2164,0361,191134$81.28$1.49
Feb 20244,1324,1424,8411,1829$77.25$1.72
Jan 20243,7043,9393,9391,898130$74.15$3.18
Dec 20232,5282,4772,4621,05947$71.90$2.52
Nov 20233,8103,5974,2502,19724$77.69$2.71
Oct 20233,2513,3884,6232,13118$85.64$2.98
Sep 20232,8412,4484,2061,866105$89.43$2.64
Aug 20232,5602,6302,2001,18729$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorMagnolia Oil & Gas Operating LLCFieldEagleville (Eagle Ford-2)CountyKarnes County

Magnolia Oil & Gas Operating LLC in Karnes County

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