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TOPAZ UNIT

Topaz Unit is a gas well in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

Gas well dossier

89mcf gas, last 12 months−60% vs prior year
RRC lease
03-296587

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Gas in Jul 2026
0 mcf
Reporting since
Nov 2023

Production by month

Gas output fell 60% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 60% over the last 12 monthsMonthly gas production for TOPAZ UNIT, Nov 2023 to Jul 2026. Gas output fell 60% over the last 12 months. 89 mcf in the 12 months through Jul 2026, against 221 mcf in the 12 months before.Last 12 months: 89 mcfmcf per month050100150200Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 60% over the last 12 monthsMonthly gas production for TOPAZ UNIT, Nov 2023 to Jul 2026. Gas output fell 60% over the last 12 months. 89 mcf in the 12 months through Jul 2026, against 221 mcf in the 12 months before.Last 12 monthsmcf per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2024 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since Oct 2024 the lease's gas goes to a transmission line instead of lease fuelShare of TOPAZ UNIT gas by disposition code each month, Nov 2023 to Jul 2026. Since Oct 2024 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2024: fuel to lineJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2024 the lease's gas goes to a transmission line instead of lease fuelShare of TOPAZ UNIT gas by disposition code each month, Nov 2023 to Jul 2026. Since Oct 2024 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Oct 24: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    68% · 350 mcf

  • Lease fuel (1)

    32% · 168 mcf

Who has run this lease

The operator changed once, most recently in May 2024

Operators of this lease over timeGeosouthern Energy Corporation, Nov 2023 to Apr 2024; Magnolia Oil & Gas Operating LLC, May 2024 to Jul 2026202420252026Changed May 2024Geosouthern Energy CorporationNov 2023 to Apr 2024Magnolia Oil & Gas Operating…May 2024 to now
Operators of this lease over timeGeosouthern Energy Corporation, Nov 2023 to Apr 2024; Magnolia Oil & Gas Operating LLC, May 2024 to Jul 2026202420252026Changed May 2024Geosouthern Energy CorporationNov 2023 to Apr 2024Magnolia Oil & Gas Operating LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Gulfmark Energy, Inc.CondensateGathers34Oct 1, 2025–
Energy Transfer Marketing & TermCondensateGathers33Oct 1, 2025–
Enterprise Crude Oil LLCCondensateGathers33Oct 1, 2025–
Dcp Operating Company, LPGas-well gasBuys100Nov 15, 2023–
Dcp Operating Company, LPGas-well gasGathers100Nov 15, 2023–
Plains Marketing, L.p.CondensateGathers100Nov 15, 2023May 1, 2024

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

137.36 acres on the newest permit

A pooling certificate was filed

Permits for Topaz Unit
API numberWell no.Acreson the permit
42-149-329561137.36

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

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

33 months, newest first

Ledger for TOPAZ UNIT
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil000$80.46$2.89
Jun 2026Magnolia Oil000$84.81$3.15
May 2026Magnolia Oil000$102.13$2.94
Apr 2026Magnolia Oil000$100.32$2.77
Mar 2026Magnolia Oil000$91.38$3.04
Feb 2026Magnolia Oil000$64.51$3.62
Jan 2026Magnolia Oil000$60.04$7.72
Dec 2025Magnolia Oil000$57.97$4.26
Nov 2025Magnolia Oil000$60.06$3.79
Oct 2025Magnolia Oil000$60.89$3.19
Sep 2025Magnolia Oil89890$63.96$2.97
Aug 2025Magnolia Oil000$64.86$2.91
Jul 2025Magnolia Oil550$68.39$3.20
Jun 2025Magnolia Oil83830$68.17$3.02
May 2025Magnolia Oil000$62.17$3.12
Apr 2025Magnolia Oil22220$63.54$3.42
Mar 2025Magnolia Oil000$68.24$4.12
Feb 2025Magnolia Oil54540$71.53$4.19
Jan 2025Magnolia Oil000$75.74$4.13
Dec 2024Magnolia Oil000$70.12$3.01
Nov 2024Magnolia Oil330$69.95$2.12
Oct 2024Magnolia Oil54540$71.99$2.20
Sep 2024Magnolia Oil000$70.24$2.28
Aug 2024Magnolia Oil000$76.68$1.99
Jul 2024Magnolia Oil000$81.80$2.07
Jun 2024Magnolia Oil000$79.77$2.54
May 2024Magnolia Oil2100$80.02$2.12
Apr 2024Geosouthern Energy000$85.35$1.60
Mar 2024Geosouthern Energy000$81.28$1.49
Feb 2024Geosouthern Energy000$77.25$1.72
Jan 2024Geosouthern Energy1400$74.15$3.18
Dec 2023Geosouthern Energy13300$71.90$2.52
Nov 2023Geosouthern Energy40400$77.69$2.71

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

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Magnolia Oil & Gas Operating LLC in Fayette County

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