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Royalty Clerk

Texas oil lease · RRC district 02 · Lease 11750

Producing

WEEZER UNIT

Weezer Unit is an oil lease in Karnes County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Sugarkane (Austin Chalk) field. The Railroad Commission shows 4,300 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 4 wells

4,300bbl oil, last 12 months−24% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Karnes County
Field
Sugarkane (Austin Chalk)
RRC lease
02-11750

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County · RRC district 02Open Karnes County →
Gas, last 12 months
11,748 mcf
Oil in Jul 2026
245 bbl
Reporting to the state
since Jan 2020
Wells
4

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 24% over the last 12 months

4,300 bbl in the 12 months through Jul 2026, against 5,669 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for WEEZER UNIT, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 4,300 bbl in the 12 months through Jul 2026, against 5,669 bbl in the 12 months before.Last 12 months: 4,300 bblbbl per monthmcf per month002001,0004002,0006003,0008004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for WEEZER UNIT, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 4,300 bbl in the 12 months through Jul 2026, against 5,669 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 11750, district 02. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

Since May 2026 the lease's gas goes to lease fuel instead of a transmission line

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.

  • Transmission line (2)
  • Lease fuel (1)
Since May 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of WEEZER UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to lease fuel instead of a transmission line. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of the lease’s gas by disposition code, per month0%50%100%May 2026: line to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2026 the lease's gas goes to lease fuel instead of a transmission lineShare of WEEZER UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to lease fuel instead of a transmission line. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of gas by disposition code0%50%100%May 26: line to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 11750, district 02. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

None of the gas was flared in the last 12 months.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Magnolia Oil & Gas Operating LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeMagnolia Oil & Gas Operating LLC, Jan 2020 to Jul 20262020202120222023202420252026Magnolia Oil & Gas Operating…Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeMagnolia Oil & Gas Operating LLC, Jan 2020 to Jul 20262020202120222023202420252026Magnolia Oil & Gas Operating LLCJan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

4 wells on this lease

Every well the Railroad Commission links to oil lease 11750 in district 02. The API number is the state’s ID for a well.
Wells on WEEZER UNIT
API numberWell no.Status
42-255-32411101HShut-in
42-255-33027102HShut-in
42-255-36226103HActive
42-255-36227104HActive

SourceTexas Railroad Commission Wellbore Query, district 02, lease 11750.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Plains Marketing, L.p., Flint Hills Resources, LP and Phillips 66 Company gather it.

    Plains Marketing, L.p. gathers it: 40% of it, on the list since Jan 7, 2025 · Flint Hills Resources, LP gathers it: 30% of it, on the list since Jan 7, 2025 · Phillips 66 Company gathers it: 30% of it, on the list since Jan 7, 2025

  • Gas from oil wells

    Energy Transfer Company buys it; Startex Field Services, LLC gathers it.

    Energy Transfer Company buys it: 100% of it, on the list since May 20, 2019 · Startex Field Services, LLC gathers it: 100% of it, on the list since May 20, 2019

Companies that used to be listed: Ironwood Midst Energy Ptnrs LLC (gathers it, until Jan 7, 2025).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

196.44 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
44 not plugged
Horizontal
4
First completion
May 19, 2012
Latest permit
Dec 31, 2018

The wells on this lease state different acreage

The permits state between 174.19 and 250 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Weezer Unit
API numberWell no.Acreson the permit
42-255-36226103H196.44
42-255-36227104H196.44
42-255-33027102H174.19
42-255-32411101H250

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What Magnolia Oil & Gas Corporation told investors it received

Magnolia Oil & Gas Operating LLC is linked to Magnolia Oil & Gas Corporation (MGY). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

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Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says WEEZER UNIT sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for WEEZER UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Magnolia Oil2453066851210$80.46$2.89
Jun 2026Magnolia Oil2131785081350$84.81$3.15
May 2026Magnolia Oil3363141,0803280$102.13$2.94
Apr 2026Magnolia Oil4504781,4367310$100.32$2.77
Mar 2026Magnolia Oil3863744091010$91.38$3.04
Feb 2026Magnolia Oil29835426300$64.51$3.62
Jan 2026Magnolia Oil3073328982680$60.04$7.72
Dec 2025Magnolia Oil4093761,1154630$57.97$4.26
Nov 2025Magnolia Oil6175342,3961,2390$60.06$3.79
Oct 2025Magnolia Oil2151804522680$60.89$3.19
Sep 2025Magnolia Oil2984935153570$63.96$2.97
Aug 2025Magnolia Oil5264701,9911,2120$64.86$2.91
Jul 2025Magnolia Oil3863757927920$68.39$3.20
Jun 2025Magnolia Oil5025201,0811,0810$68.17$3.02
May 2025Magnolia Oil6985241,2141,2140$62.17$3.12
Apr 2025Magnolia Oil300495220$63.54$3.42
Mar 2025Magnolia Oil3261967287280$68.24$4.12
Feb 2025Magnolia Oil4288051,1691,1690$71.53$4.19
Jan 2025Magnolia Oil5031926126120$75.74$4.13
Dec 2024Magnolia Oil6526481,4381,4380$70.12$3.01
Nov 2024Magnolia Oil4493807847840$69.95$2.12
Oct 2024Magnolia Oil4954909059050$71.99$2.20
Sep 2024Magnolia Oil5747241,4801,4800$70.24$2.28
Aug 2024Magnolia Oil3563451,2481,2480$76.68$1.99
Jul 2024Magnolia Oil4603831,1431,1430$81.80$2.07
Jun 2024Magnolia Oil4013311,9191,9190$79.77$2.54
May 2024Magnolia Oil5177551,3231,3230$80.02$2.12
Apr 2024Magnolia Oil4493316336330$85.35$1.60
Mar 2024Magnolia Oil5955685795790$81.28$1.49
Feb 2024Magnolia Oil7248971,0651,0650$77.25$1.72
Jan 2024Magnolia Oil3261597947940$74.15$3.18
Dec 2023Magnolia Oil6877508208200$71.90$2.52
Nov 2023Magnolia Oil5873851,7101,7100$77.69$2.71
Oct 2023Magnolia Oil6127293,2133,2130$85.64$2.98
Sep 2023Magnolia Oil6687301,5291,5290$89.43$2.64
Aug 2023Magnolia Oil5905091,0491,0490$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Upload your statements for WEEZER UNIT. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Magnolia Oil & Gas Operating LLC.

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorMagnolia Oil & Gas Operating LLCFieldSugarkane (Austin Chalk)CountyKarnes County

Magnolia Oil & Gas Operating LLC in Karnes County

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Sugarkane (Austin Chalk) field

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Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 11750, district 02, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.

FAQ

Questions about WEEZER UNIT

Who operates the WEEZER UNIT lease?

The Railroad Commission lists Magnolia Oil & Gas Operating LLC (operator number 521544) as the operator of this lease in Karnes County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the WEEZER UNIT lease produced?

The lease reported 4,300 bbl of oil and 11,748 mcf of gas in the last 12 months through Jul 2026. Monthly figures for 36 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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