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Texas oil lease

Producing

WEIGELT OIL UNIT

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

3 wells

28,364bbl oil, last 12 months−4% vs prior year
RRC lease
03-21985

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Gas, last 12 months
142,043 mcf
Oil in Jul 2026
2,427 bbl

Production by month

Oil output fell 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for WEIGELT OIL UNIT, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 28,364 bbl in the 12 months through Jul 2026, against 29,550 bbl in the 12 months before.Last 12 months: 28,364 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for WEIGELT OIL UNIT, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 28,364 bbl in the 12 months through Jul 2026, against 29,550 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
93% of the gas went to a transmission line in the last 12 monthsShare of WEIGELT OIL UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 93% 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
93% of the gas went to a transmission line in the last 12 monthsShare of WEIGELT OIL UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 93% 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)

    93% · 132,474 mcf

  • Lease fuel (1)

    6.7% · 9,569 mcf

3 wells on this lease

Wells on WEIGELT OIL UNIT
API numberWell no.Status
42-477-307031Active
42-477-309652Active
42-477-310573HShut-in

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–
Energy Transfer CompanyCasinghead gasGathers100May 1, 2005Jul 1, 2021
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018Jul 1, 2021
Enterprise Crude Oil LLCOilGathers25May 11, 2018Jul 1, 2021
Flint Hills Resources, LPOilGathers25May 11, 2018Jul 1, 2021
Shell Trading (Us) CompanyOilGathers25May 11, 2018Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25May 11, 2018Jul 1, 2021

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

484.26 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.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 484.26 and 498.06 acres. Use the acres from your own division order for the well you are paid on.

  • 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.

Check your decimal on this lease
Permits for Weigelt Oil Unit
API numberWell no.Acreson the permit
42-477-310573H484.26
42-477-309652484.26
42-477-309652H484.26
42-477-307031498.06
42-477-307031H498.06

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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 WEIGELT OIL UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,4272,14312,96712,1210$80.46$2.89
Jun 20262,2702,14711,99511,2280$84.81$3.15
May 20262,5362,86512,76711,9060$102.13$2.94
Apr 20262,5632,56512,57611,7420$100.32$2.77
Mar 20262,2162,13011,07110,4020$91.38$3.04
Feb 20262,6072,72111,81011,0410$64.51$3.62
Jan 20261,8601,6258,1027,3920$60.04$7.72
Dec 20252,2652,19211,78010,9180$57.97$4.26
Nov 20252,0142,15811,38610,5610$60.06$3.79
Oct 20252,5002,37012,39011,6320$60.89$3.19
Sep 20252,5542,35112,05911,2460$63.96$2.97
Aug 20252,5522,84913,14012,2850$64.86$2.91
Jul 20252,6722,64412,78711,9320$68.39$3.20
Jun 20252,9423,02213,85213,0340$68.17$3.02
May 20253,4413,31214,67213,8250$62.17$3.12
Apr 20253,0553,22712,54112,5410$63.54$3.42
Mar 20253,5313,57815,33615,3360$68.24$4.12
Feb 20253,2253,30412,85712,8570$71.53$4.19
Jan 20253,7933,59212,80912,8090$75.74$4.13
Dec 20243,4373,39210,20410,2040$70.12$3.01
Nov 20247053602,9422,9420$69.95$2.12
Oct 20245641281280$71.99$2.20
Sep 20245737124,5984,5980$70.24$2.28
Aug 20242,1202,27011,85311,8530$76.68$1.99
Jul 20243,6614,17818,83318,8330$81.80$2.07
Jun 20243,5453,16116,78616,7860$79.77$2.54
May 20243,1043,48217,25017,2500$80.02$2.12
Apr 20244,0553,76418,52918,5290$85.35$1.60
Mar 20242,8752,51615,72115,7210$81.28$1.49
Feb 20242,5192,51114,43714,4370$77.25$1.72
Jan 20242,2192,50513,04113,0410$74.15$3.18
Dec 20233,0592,87215,94915,9490$71.90$2.52
Nov 20232,8602,83115,22015,2200$77.69$2.71
Oct 20233,4583,74518,23118,2310$85.64$2.98
Sep 20233,4863,39319,06519,0650$89.43$2.64
Aug 20233,7363,72119,78619,7860$81.39$2.58

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

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Nearby

Magnolia Oil & Gas Operating LLC in Washington County

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Giddings (Austin Chalk-3) field

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