Skip to content
Royalty Clerk

Texas oil lease

Producing

ULLRICH, RICHARD C.

Ullrich, Richard C. is an oil lease in Fayette County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

15bbl oil, last 12 months+88% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Fayette County
Field
Giddings (Austin Chalk-3)
RRC lease
03-15218

Is your check right?

Check my statement

Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Gas, last 12 months
385 mcf
Oil in Jul 2026
1 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Magnolia Oil & Gas Operating LLC took over from Leexus Oil LLC in Jun 2025.

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output rose 88% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 88% over the last 12 monthsMonthly oil production and gas for ULLRICH, RICHARD C., Aug 2023 to Jul 2026. Oil output rose 88% over the last 12 months. 15 bbl in the 12 months through Jul 2026, against 8 bbl in the 12 months before.Last 12 months: 15 bblbbl per monthmcf per month00350510081501020013250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 88% over the last 12 monthsMonthly oil production and gas for ULLRICH, RICHARD C., Aug 2023 to Jul 2026. Oil output rose 88% over the last 12 months. 15 bbl in the 12 months through Jul 2026, against 8 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00350510081501020013250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
98% of the gas went to a transmission line in the last 12 monthsShare of ULLRICH, RICHARD C. gas by disposition code each month, Aug 2023 to Jul 2026. 98% 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
98% of the gas went to a transmission line in the last 12 monthsShare of ULLRICH, RICHARD C. gas by disposition code each month, Aug 2023 to Jul 2026. 98% 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.

  • Transmission line (2)

    98% · 635 mcf

  • Lease fuel (1)

    1.7% · 11 mcf

Who has run this lease

The operator changed once, most recently in Jun 2025

Operators of this lease over timeLeexus Oil LLC, Jan 2020 to May 2025; Magnolia Oil & Gas Operating LLC, Jun 2025 to Jul 20262020202120222023202420252026Changed Jun 2025Leexus Oil LLCJan 2020 to May 2025Magnolia Oil & Gas Operating…Jun 2025 to now
Operators of this lease over timeLeexus Oil LLC, Jan 2020 to May 2025; Magnolia Oil & Gas Operating LLC, Jun 2025 to Jul 20262020202120222023202420252026Changed Jun 2025Leexus Oil LLCJan 2020 to May 2025Magnolia Oil & Gas Operating LLCJun 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on ULLRICH, RICHARD C.
API numberWell no.Status
42-149-312541HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Jul 1, 2020Dec 1, 2022
Energy Transfer CompanyCasinghead gasGathers100Jul 1, 2008Jul 1, 2020
Energy Transfer CompanyCasinghead gasBuys100Jul 1, 2008Jul 1, 2020
4J Energy, LLCOilGathers100Nov 1, 2018Jul 1, 2020

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

Who buys my oilOil price check

68.26 acres on the newest permit

  • Worth asking

    A substandard-acreage flag is in the permit records

    The RRC permit records include a substandard-acreage flag. Ask which acreage applies to your well and how it was used in your decimal.

Check your decimal on this lease
Permits for Ullrich, Richard C.
API numberWell no.Acreson the permit
42-149-31254168.26
42-149-312541H68.26

SourceRailroad Commission drilling permits, Oct 3, 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 ULLRICH, RICHARD C.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Magnolia Oil10000$80.46$2.89
Jun 2026Magnolia Oil00000$84.81$3.15
May 2026Magnolia Oil20000$102.13$2.94
Apr 2026Magnolia Oil12021210$100.32$2.77
Mar 2026Magnolia Oil0044440$91.38$3.04
Feb 2026Magnolia Oil0075750$64.51$3.62
Jan 2026Magnolia Oil001771770$60.04$7.72
Dec 2025Magnolia Oil0059590$57.97$4.26
Nov 2025Magnolia Oil00000$60.06$3.79
Oct 2025Magnolia Oil00000$60.89$3.19
Sep 2025Magnolia Oil00000$63.96$2.97
Aug 2025Magnolia Oil00990$64.86$2.91
Jul 2025Magnolia Oil07232320$68.39$3.20
Jun 2025Magnolia Oil0044420$68.17$3.02
May 2025Leexus Oil0043410$62.17$3.12
Apr 2025Leexus Oil017071670$63.54$3.42
Mar 2025Leexus Oil00000$68.24$4.12
Feb 2025Leexus Oil0023220$71.53$4.19
Jan 2025Leexus Oil0048460$75.74$4.13
Dec 2024Leexus Oil0043410$70.12$3.01
Nov 2024Leexus Oil5042400$69.95$2.12
Oct 2024Leexus Oil3032300$71.99$2.20
Sep 2024Leexus Oil0046440$70.24$2.28
Aug 2024Leexus Oil0040380$76.68$1.99
Jul 2024Leexus Oil0049470$81.80$2.07
Jun 2024Leexus Oil6042400$79.77$2.54
May 2024Leexus Oil50880$80.02$2.12
Apr 2024Leexus Oil6070670$85.35$1.60
Mar 2024Leexus Oil0059560$81.28$1.49
Feb 2024Leexus Oil0038360$77.25$1.72
Jan 2024Leexus Oil00110$74.15$3.18
Dec 2023Leexus Oil0059560$71.90$2.52
Nov 2023Leexus Oil00000$77.69$2.71
Oct 2023Leexus Oil00000$85.64$2.98
Sep 2023Leexus Oil00220$89.43$2.64
Aug 2023Leexus Oil1058550$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorMagnolia Oil & Gas Operating LLCFieldGiddings (Austin Chalk-3)CountyFayette County

Magnolia Oil & Gas Operating LLC in Fayette County

All Magnolia Oil & Gas Operating LLC leases →

Giddings (Austin Chalk-3) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km