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WESSELS

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

1 well

5bbl oil, last 12 months−100% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Lee County
Field
Giddings (Austin Chalk-3)
RRC lease
03-22399

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Where it sits

This county

Lee CountyLeeWilliamsonBastropWashingtonBrazosBurlesonAustinMilamLee County
Lee County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 100% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 100% over the last 12 monthsMonthly oil production and gas for WESSELS, Aug 2023 to Jul 2026. Oil output fell 100% over the last 12 months. 5 bbl in the 12 months through Jul 2026, against 9,121 bbl in the 12 months before.Last 12 months: 5 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 100% over the last 12 monthsMonthly oil production and gas for WESSELS, Aug 2023 to Jul 2026. Oil output fell 100% over the last 12 months. 5 bbl in the 12 months through Jul 2026, against 9,121 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jan 24JulJan 25JulJan 26Jul

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

All of the gas went to a transmission line in the last 12 monthsShare of WESSELS gas by disposition code each month, Aug 2023 to Jul 2026. All 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
All of the gas went to a transmission line in the last 12 monthsShare of WESSELS gas by disposition code each month, Aug 2023 to Jul 2026. All 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.

1 well on this lease

Wells on WESSELS
API numberWell no.Status
42-287-324221Active

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–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jul 1, 2021
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018Jul 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2013Jul 1, 2021

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

Who buys my oilOil price check

249.80 acres on the newest permit

A pooling certificate was filed

Permits for Wessels
API numberWell no.Acreson the permit
42-287-324221249.80

SourceRailroad Commission drilling permits, Sep 26, 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 WESSELS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 202550000$64.86$2.91
Jul 202500000$68.39$3.20
Jun 202500000$68.17$3.02
May 20251802062202200$62.17$3.12
Apr 20252,2692,1673,4713,4710$63.54$3.42
Mar 20253,8734,0175,5995,5990$68.24$4.12
Feb 20252,2722,1843,1613,1610$71.53$4.19
Jan 202500000$75.74$4.13
Dec 202400000$70.12$3.01
Nov 202400000$69.95$2.12
Oct 2024741801831830$71.99$2.20
Sep 20241791804854850$70.24$2.28
Aug 20242741825615610$76.68$1.99
Jul 20241993573953950$81.80$2.07
Jun 202413811801800$79.77$2.54
May 20240079790$80.02$2.12
Apr 202400000$85.35$1.60
Mar 2024001461460$81.28$1.49
Feb 2024260000$77.25$1.72
Jan 202400000$74.15$3.18
Dec 202310660$71.90$2.52
Nov 20230029290$77.69$2.71
Oct 202300000$85.64$2.98
Sep 20231041783453450$89.43$2.64
Aug 20231781804764760$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Lee County

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