Texas gas well
Shut inWATT COLVINS UNIT
Watt Colvins Unit is a gas well in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.
1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Lee County
- RRC lease
- 03-121427
Is your check right?
Where it sits
This county
- Oil in Jul 2026
- 0 bbl
- Reporting since
- Jan 2020
Checks stopped on this lease?
- 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 leaseProduction by month
Oil output over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Who has run this lease
The operator changed once, most recently in Sep 2021
- Magnolia Oil & Gas Operating LLC Sep 2021 to now
- WCS Oil & Gas Corporation Jan 2020 to Aug 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-287-31836 | 1 A | Shut-in |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Transfer Marketing & Term | Condensate | Gathers | 34 | Oct 1, 2025 | – |
| Enterprise Crude Oil LLC | Condensate | Gathers | 33 | Oct 1, 2025 | – |
| Shell Trading (Us) Company | Condensate | Gathers | 33 | Oct 1, 2025 | – |
| Energy Transfer Company | Gas-well gas | Buys | 100 | May 1, 2005 | – |
| Energy Transfer Company | Gas-well gas | Gathers | 100 | May 1, 2005 | – |
| Energy Trans Crude Marketing LLC | Condensate | Gathers | 50 | Jul 1, 2021 | Oct 1, 2025 |
| Energy Transfer Marketing & Term | Condensate | Gathers | 50 | Dec 1, 2022 | Oct 1, 2025 |
| Sunoco Ptnrs. Mktg.&terminals LP | Condensate | Gathers | 50 | Jul 1, 2021 | Dec 1, 2022 |
| Sunoco Ptnrs. Mktg.&terminals LP | Condensate | Gathers | 100 | May 1, 2020 | Jul 1, 2021 |
| Shell Trading (Us) Company | Condensate | Gathers | 100 | Jan 1, 2019 | May 1, 2020 |
| Enterprise Crude Oil LLC | Condensate | Gathers | 100 | Nov 30, 2016 | Jan 1, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
80 acres on the newest permit
- Good to know
A pooling certificate (P-12) was filed
Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-287-31836 | 1 A | Jul 29, 1985 | Sep 18, 1985 | 80 |
What Magnolia Oil & Gas Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.13 | $2.18 | $23.25 | SEC filing |
| Q1 2026 | $70.29 | $2.98 | $18.48 | SEC filing |
| Q3 2025 | $63.55 | $2.46 | $18.98 | SEC filing |
| Q2 2025 | $62.20 | $2.55 | $19.94 | SEC filing |
| Q1 2025 | $69.81 | $3.11 | $22.03 | SEC filing |
| Q3 2024 | $74.23 | $1.52 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 163 | 0 | 0 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Magnolia Oil | 0 | 0 | 20 | 20 | 0 | $68.17 | $3.02 |
| May 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Magnolia Oil | 0 | 0 | 24 | 24 | 0 | $63.54 | $3.42 |
| Mar 2025Magnolia Oil | 0 | 0 | 33 | 33 | 0 | $68.24 | $4.12 |
| Feb 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Magnolia Oil | 0 | 0 | 42 | 42 | 0 | $75.74 | $4.13 |
| Dec 2024Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Magnolia Oil | 0 | 0 | 17 | 17 | 0 | $69.95 | $2.12 |
| Oct 2024Magnolia Oil | 0 | 0 | 10 | 10 | 0 | $71.99 | $2.20 |
| Sep 2024Magnolia Oil | 0 | 0 | 20 | 20 | 0 | $70.24 | $2.28 |
| Aug 2024Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Magnolia Oil | 0 | 0 | 5 | 5 | 0 | $81.80 | $2.07 |
| Jun 2024Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $79.77 | $2.54 |
| May 2024Magnolia Oil | 0 | 0 | 13 | 13 | 0 | $80.02 | $2.12 |
| Apr 2024Magnolia Oil | 0 | 0 | 21 | 21 | 0 | $85.35 | $1.60 |
| Mar 2024Magnolia Oil | 0 | 0 | 53 | 53 | 0 | $81.28 | $1.49 |
| Feb 2024Magnolia Oil | 0 | 0 | 40 | 40 | 0 | $77.25 | $1.72 |
| Jan 2024Magnolia Oil | 0 | 0 | 54 | 54 | 0 | $74.15 | $3.18 |
| Dec 2023Magnolia Oil | 0 | 0 | 51 | 51 | 0 | $71.90 | $2.52 |
| Nov 2023Magnolia Oil | 0 | 0 | 49 | 49 | 0 | $77.69 | $2.71 |
| Oct 2023Magnolia Oil | 0 | 0 | 49 | 49 | 0 | $85.64 | $2.98 |
| Sep 2023Magnolia Oil | 0 | 0 | 40 | 40 | 0 | $89.43 | $2.64 |
| Aug 2023Magnolia Oil | 0 | 0 | 48 | 48 | 0 | $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 reasonsDo your checks match this lease?
Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Lee County
- CAROL
60 bbl
- GANTT, T.K. "B"
180 bbl
- LEITKO, CURTIS
3,399 mcf
- DIRK
2 bbl
- TWO FINGERS UNIT
4,157 mcf
- SHIRLEY
4,100 mcf
- DEAN EQUIPMENT COMPANY
131 bbl
- ESTES
3,604 mcf
- MARIE OL UNIT
4 bbl
- WESTBROOK
3,085 mcf
Giddings (Austin Chalk-3) field
- WEISS
4,028 mcf
- SCAMARDO, LUKE M.
125 bbl
- NEIBEL, J. B.
49 bbl
- SCHULZE
3,826 mcf
- DEAN EQUIPMENT COMPANY
131 bbl
- OLDENBURG C
3,086 mcf
- ALLEY, W. E. UNIT
123 bbl
- SANDBAG UNIT
3 bbl
- HEYMAN UNIT
3,628 mcf
- ESTES
3,604 mcf
Leases within 10 km
- WATT-COLVIN
114 mcf · 0.2 km
- NORA
791 bbl · 0.5 km
- DONNA
1,052 mcf · 0.6 km
- HARRELL-COLVIN UNIT
949 mcf · 0.6 km
- HARRELL "E"
463 mcf · 0.8 km
- WESTBROOK
0 mcf · 0.9 km
- MELANIE UNIT
0 bbl · 0.9 km
- WESTBROOK
3,085 mcf · 1 km
- DORIS
0 bbl · 1 km
- HARRELL, M. B.
4,351 mcf · 1.2 km
Drilling permits within 10 km
PISTOL PETE ONE #H 01PC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 7.4 km
Permit 0913365 · Mar 9, 2026
PISTOL PETE THREE #H 03PC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 7.4 km
Permit 0913366 · Mar 9, 2026
NITTANY STATE #H 05NL
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 3.3 km
Permit 0910925 · Oct 17, 2025
LION FOUR #H 04NL
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 3.3 km
Permit 0910922 · Oct 10, 2025
LION TWO #H 02NL
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Lee County · 3.3 km
Permit 0910920 · Oct 10, 2025