Texas oil lease
ProducingWEBB BRANCH UNIT
Webb Branch Unit is an oil lease in Burleson 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
- Burleson County
- RRC lease
- 03-24219
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 5,111 mcf
- Oil in Jul 2026
- 371 bbl
Production by month
Oil output rose 204% 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
Since Sep 2025 the lease's gas goes to lease fuel instead of a transmission line
Flaring peaked at 89.4% of the gas in May 2025.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Lease fuel (1)
53% · 2,714 mcf
Flared (4)
36% · 1,830 mcf
Transmission line (2)
11% · 567 mcf
35.8% of the gas flared in the last 12 months. 15 months above 3%.
Who has run this lease
The operator changed 2 times, most recently in Dec 2023
- Magnolia Oil & Gas Operating LLC Dec 2023 to now
- LRR Pecos Valley, LLC Dec 2021 to Nov 2023
- Treadstone Energy Prtnr Op, LLC Jan 2020 to Nov 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-051-33609 | 1 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 75 | Jul 1, 2021 | – |
| 4J Energy, LLC | Oil | Gathers | 25 | Jul 1, 2021 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Nov 1, 2016 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Jul 7, 2016 | – |
| Buckhead Midstream, LLC | Oil | Gathers | 25 | Jul 1, 2020 | Jul 1, 2021 |
| Shell Trading (Us) Company | Oil | Gathers | 25 | Jul 1, 2020 | Jul 1, 2021 |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 25 | Jul 1, 2020 | Jul 1, 2021 |
| Texican Crude&hydrocarbons, LLC | Oil | Gathers | 25 | Jul 1, 2020 | Jul 1, 2021 |
| Buckhead Midstream, LLC | Oil | Gathers | 20 | Jun 1, 2020 | Jul 1, 2020 |
| Shell Trading (Us) Company | Oil | Gathers | 70 | Jun 1, 2020 | Jul 1, 2020 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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 | 371 | 365 | 380 | 0 | 132 | $80.46 | $2.89 |
| Jun 2026Magnolia Oil | 348 | 361 | 438 | 0 | 198 | $84.81 | $3.15 |
| May 2026Magnolia Oil | 357 | 352 | 500 | 0 | 252 | $102.13 | $2.94 |
| Apr 2026Magnolia Oil | 386 | 310 | 515 | 39 | 236 | $100.32 | $2.77 |
| Mar 2026Magnolia Oil | 362 | 359 | 439 | 37 | 154 | $91.38 | $3.04 |
| Feb 2026Magnolia Oil | 361 | 527 | 336 | 24 | 88 | $64.51 | $3.62 |
| Jan 2026Magnolia Oil | 487 | 351 | 374 | 0 | 148 | $60.04 | $7.72 |
| Dec 2025Magnolia Oil | 383 | 348 | 195 | 0 | 83 | $57.97 | $4.26 |
| Nov 2025Magnolia Oil | 506 | 534 | 370 | 0 | 144 | $60.06 | $3.79 |
| Oct 2025Magnolia Oil | 579 | 528 | 406 | 0 | 169 | $60.89 | $3.19 |
| Sep 2025Magnolia Oil | 884 | 1,057 | 442 | 73 | 129 | $63.96 | $2.97 |
| Aug 2025Magnolia Oil | 1,545 | 1,413 | 716 | 394 | 97 | $64.86 | $2.91 |
| Jul 2025Magnolia Oil | 626 | 713 | 258 | 0 | 10 | $68.39 | $3.20 |
| Jun 2025Magnolia Oil | 519 | 357 | 390 | 0 | 225 | $68.17 | $3.02 |
| May 2025Magnolia Oil | 228 | 175 | 406 | 0 | 363 | $62.17 | $3.12 |
| Apr 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Magnolia Oil | 0 | 0 | 0 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Magnolia Oil | 0 | 175 | 112 | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Magnolia Oil | 199 | 175 | 248 | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Magnolia Oil | 204 | 174 | 240 | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Magnolia Oil | 384 | 352 | 248 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Magnolia Oil | 467 | 526 | 248 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Magnolia Oil | 650 | 706 | 240 | 0 | 0 | $79.77 | $2.54 |
| May 2024Magnolia Oil | 669 | 710 | 248 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Magnolia Oil | 591 | 540 | 232 | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Magnolia Oil | 670 | 713 | 241 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Magnolia Oil | 619 | 550 | 164 | 0 | 0 | $77.25 | $1.72 |
| Jan 2024Magnolia Oil | 284 | 349 | 107 | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Magnolia Oil | 282 | 356 | 0 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023LRR Pecos | 786 | 701 | 0 | 0 | 0 | $77.69 | $2.71 |
| Oct 2023LRR Pecos | 895 | 886 | 0 | 0 | 0 | $85.64 | $2.98 |
| Sep 2023LRR Pecos | 763 | 897 | 0 | 0 | 0 | $89.43 | $2.64 |
| Aug 2023LRR Pecos | 1,089 | 1,059 | 0 | 0 | 0 | $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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Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Burleson County
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- BOTKIN, MARY
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- PAUL-LEHDE UNIT
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- JOE KIDD
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- SKRIVANEK-EHLERT UNIT NO. 1
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