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Royalty Clerk

Operator report card · RRC P-5 521544

Magnolia Oil & Gas Operating LLC report card

What the public record shows about Magnolia Oil & Gas Operating LLC: 1,467 producing leases in 16 Texas counties, output down 2% on the year, 162 leases gained and 8 left in 24 months. Every line names its source.

Magnolia Oil & Gas Operating LLCUpdated Oct 2, 2026What is known, from whom. No grades.
  1. Producing leases1,467
    State recordin 16 counties, reported through Jul 2026
  2. Oil, last 12 months against the 12 before−2%
    State record17,554,215 bbl
  3. Leases gained and left, 24 months+162 / −8
    State recordtaken over from, or passed to, another operator
  4. Gas vented or flared, last 12 months0.7%
    State recordshare of gas disposed of by disposition code 4
  5. Oil price it told investors, Q2 2026+$0.67 vs Texas
    EIA and SEC$98.13 a barrel, whole company; Texas first purchase $97.46
  6. What owners' statements shownot enough owners yet
    Owner statementsshown when 5 or more owners agree

Scale and direction

How much Magnolia Oil & Gas Operating LLC produces, and which way it is moving

Totals across every lease the Railroad Commission lists under this operator. A change in the total can be a change in the leases, so the next section shows the leases gained and left.
Oil from Magnolia Oil & Gas Operating LLC, 12 months to 2026/07
17M202418M202518M2026

Barrels, all leases, each bar the 12 months ending in that year's latest month, whole lease.

  • Oil: 17,554,215 barrels in the 12 months to Jul 2026, −1.9% on the 12 months before.
  • Gas: 123,290,051 mcf, +3.4% on the year before.
  • Gas disposition: 0.7% of the gas it disposed of in the last 12 months was reported vented or flared.
  • Source: Railroad Commission of Texas, Production Data Query, file dated Sep 18, 2026. Open the source.

Leases gained and left

Leases Magnolia Oil & Gas Operating LLC took over and passed on, last 24 months

A lease changes hands when the Railroad Commission's production reports switch from one operator to another. The lists show the biggest first; your statement's payor changes the month the reports do.

Gained (162)

  • GroverWashington County · District 03, lease 27919 · from another operator since Jun 2026
  • Gantt, T.k.Lee County · District 03, lease 17080 · from another operator since Jun 2026
  • Gantt, T.k. "B"Lee County · District 03, lease 17986 · from another operator since Jun 2026
  • Ganth, T.k. 'C'Lee County · District 03, lease 19481 · from another operator since Jun 2026
  • Gantt, T.k.Lee County · District 03, lease 12521 · from another operator since Jun 2026
  • MolluscLee County · District 03, lease 27504 · from another operator since Apr 2026

Left (8)

  • Briscoe-McKnightDimmit County · District 01, lease 19225 · reported under another operator after Jun 2026
  • Briscoe-McKnightDimmit County · District 01, lease 15128 · reported under another operator after Jun 2026
  • Briscoe-McKnightDimmit County · District 01, lease 265726 · reported under another operator after Jun 2026
  • Briscoe-McKnightDimmit County · District 01, lease 272273 · reported under another operator after Jun 2026
  • MarianFayette County · District 03, lease 24797 · reported under another operator after May 2025
  • Bailey UnitKarnes County · District 02, lease 09800 · reported under another operator after Nov 2024

Do your checks come from a different company than they did? See who took over whose leases, or read what the codes on a stub mean.

Who buys and moves its production

The companies that gather and buy Magnolia Oil & Gas Operating LLC's oil and gas

Energy Transfer Company is listed on 844 of 1,467 producing leases. Your royalty is figured on what the lease sold, whoever pays you.
Current gatherers and purchasers on Magnolia Oil & Gas Operating LLC's producing leases
CompanyRoleLeasesof 1,467Shareof its leases
Energy Transfer CompanyGatherer, Purchaser84458%
Shell Trading (Us) CompanyGatherer79054%
Energy Trans Crude Marketing LLCGatherer67646%
Enterprise Crude Oil LLCGatherer57139%
Dcp Operating Company, LPGatherer, Purchaser37626%
Magnolia Oil & Gas Operating LLCGatherer, Purchaser35124%
Energy Transfer Marketing & TermGatherer30921%
Flint Hills Resources, LPGatherer16111%

Railroad Commission P-4 filings, the newest one listing gatherers and purchasers for each lease. A lease can list more than one company.

Who buys my oil and gas? takes your own lease.

What it told investors

The oil price Magnolia Oil & Gas Corporation reported, next to the Texas price

Realized prices from the company's own SEC filings, across its whole portfolio or the region named, beside the EIA's first purchase price of Texas crude for the same three months. It is context for your check, not a price on your lease.
Magnolia Oil & Gas Corporation: realized oil price by quarter against the Texas first purchase price
QuarterOil, $ a barrelcompanyTexas first purchase3-month averageGap
Q2 2026 (10-Q)$98.13$97.46+$0.67
Q1 2026 (10-Q)$70.29$70.79−$0.50
Q3 2025 (10-Q)$63.55$64.47−$0.92
Q2 2025 (10-Q)$62.20$63.13−$0.93
Q1 2025 (10-Q)$69.81$70.97−$1.16
Q3 2024 (10-Q)$74.23$75.06−$0.83

Sources: SEC filings, linked on each quarter, and EIA.

Drilling activity

Wells Magnolia Oil & Gas Operating LLC has permitted

90 drilling permits in the last 12 months, 90 of them horizontal. The newest was issued Sep 24, 2026. A permit is a plan to drill, not proof of a well or of anyone's ownership.

Recent drilling permits for Magnolia Oil & Gas Operating LLC

Railroad Commission drilling permits.

What owners' statements show

Statements from Magnolia Oil & Gas Operating LLC owners

Owners upload Magnolia Oil & Gas Operating LLC statements to Royalty Clerk, and a figure is published only when 5 or more different owners are behind it. There are not enough yet.

Be one of the five

Upload a Magnolia Oil & Gas Operating LLC statement and it counts, without your name, toward this comparison once enough owners have done the same. Your check is free, and you can opt out in one click.

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FAQ

Questions people ask

What is on the Magnolia Oil & Gas Operating LLC report card?

the scale and direction of its output, leases it gained and left, who buys and moves its production, the prices it told investors and its drilling permits. Each line says where it comes from: Railroad Commission records, SEC filings, or statements uploaded by owners, and there is no grade or rank.

When does Magnolia Oil & Gas Operating LLC have to pay my royalties?

The first payment is due 120 days after the end of the month of first sale from the well. After that, payment follows your lease or written agreement, and if that is silent, no later than 60 days after the end of the month for oil and 90 days for gas (Natural Resources Code section 91.402).

Where do the owner figures come from?

From statements owners uploaded to Royalty Clerk. A figure appears only when 5 or more different owners are behind it, each owner counts once, and we show a middle value and the middle half, never one owner's line. Owners can opt out and the figures are rebuilt without them.

How the comparison is built

My check from Magnolia Oil & Gas Operating LLC looks low. What do I do?

Upload the stub or a photo. We compare each line with the state's numbers for your lease and the Texas first purchase price for the month, and tell you what to ask Magnolia Oil & Gas Operating LLC.

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Get checks from Magnolia Oil & Gas Operating LLC?

Upload a stub or a phone photo. We compare every month with the state numbers for the lease and tell you what to ask.