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Texas oil lease

Producing

TWO FINGERS UNIT

Two Fingers Unit is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

2 wells

4,157mcf gas, last 12 months−46% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-20743

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Gas in Jul 2026
0 mcf
Reporting since
Jan 2020

Production by month

Gas output fell 46% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 46% over the last 12 monthsMonthly gas production and oil for TWO FINGERS UNIT, Aug 2023 to Jul 2026. Gas output fell 46% over the last 12 months. 4,157 mcf in the 12 months through Jul 2026, against 7,640 mcf in the 12 months before.Last 12 months: 4,157 mcfmcf per monthbbl per month001,000102,000203,000304,000405,00050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 46% over the last 12 monthsMonthly gas production and oil for TWO FINGERS UNIT, Aug 2023 to Jul 2026. Gas output fell 46% over the last 12 months. 4,157 mcf in the 12 months through Jul 2026, against 7,640 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000102,000203,000304,000405,00050Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of TWO FINGERS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of TWO FINGERS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on TWO FINGERS UNIT
API numberWell no.Status
42-287-304002REActive
42-287-319213Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2021–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jul 1, 2021
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Jul 1, 2021

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

Who buys my oilOil price check

414.98 acres on the newest permit

A pooling certificate was filed

The wells on this lease state different acreage

The permits state between 80 and 414.98 acres.

Permits for Two Fingers Unit
API numberWell no.Acreson the permit
42-287-304002RE414.98
42-287-31921280
42-287-31921380

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 TWO FINGERS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 2026004924920$102.13$2.94
Apr 2026008828820$100.32$2.77
Mar 2026026706700$91.38$3.04
Feb 2026005055050$64.51$3.62
Jan 2026004374370$60.04$7.72
Dec 2025002762760$57.97$4.26
Nov 2025002642640$60.06$3.79
Oct 2025002732730$60.89$3.19
Sep 2025011911910$63.96$2.97
Aug 2025001671670$64.86$2.91
Jul 2025101301300$68.39$3.20
Jun 2025211231230$68.17$3.02
May 20251173730$62.17$3.12
Apr 20250048480$63.54$3.42
Mar 2025161901071070$68.24$4.12
Feb 20251103133130$71.53$4.19
Jan 20250061610$75.74$4.13
Dec 2024102552550$70.12$3.01
Nov 2024347527520$69.95$2.12
Oct 2024961,1251,1250$71.99$2.20
Sep 20242481,9061,9060$70.24$2.28
Aug 20244602,7472,7470$76.68$1.99
Jul 20243212,1812,1810$81.80$2.07
Jun 20242702,5762,5760$79.77$2.54
May 20243502,8832,8830$80.02$2.12
Apr 2024151865285280$85.35$1.60
Mar 20243002,2582,2580$81.28$1.49
Feb 20243102,2142,2140$77.25$1.72
Jan 20245002,3092,3090$74.15$3.18
Dec 20234602,4232,4230$71.90$2.52
Nov 2023471792,3882,3880$77.69$2.71
Oct 20232902,3872,3870$85.64$2.98
Sep 20232912,2752,2750$89.43$2.64
Aug 20232702,0662,0660$81.39$2.58

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 LLCFieldGiddings (Austin Chalk-3)CountyLee County

Magnolia Oil & Gas Operating LLC in Lee County

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