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.
- Producing leases1,467State recordin 16 counties, reported through Jul 2026
- Oil, last 12 months against the 12 before−2%State record17,554,215 bbl
- Leases gained and left, 24 months+162 / −8State recordtaken over from, or passed to, another operator
- Gas vented or flared, last 12 months0.7%State recordshare of gas disposed of by disposition code 4
- Oil price it told investors, Q2 2026+$0.67 vs TexasEIA and SEC$98.13 a barrel, whole company; Texas first purchase $97.46
- What owners' statements shownot enough owners yetOwner statementsshown when 5 or more owners agree
Scale and direction
How much Magnolia Oil & Gas Operating LLC produces, and which way it is moving
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
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
| Company | Role | Leasesof 1,467 | Shareof its leases |
|---|---|---|---|
| Energy Transfer Company | Gatherer, Purchaser | 844 | 58% |
| Shell Trading (Us) Company | Gatherer | 790 | 54% |
| Energy Trans Crude Marketing LLC | Gatherer | 676 | 46% |
| Enterprise Crude Oil LLC | Gatherer | 571 | 39% |
| Dcp Operating Company, LP | Gatherer, Purchaser | 376 | 26% |
| Magnolia Oil & Gas Operating LLC | Gatherer, Purchaser | 351 | 24% |
| Energy Transfer Marketing & Term | Gatherer | 309 | 21% |
| Flint Hills Resources, LP | Gatherer | 161 | 11% |
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
| Quarter | Oil, $ a barrelcompany | Texas first purchase3-month average | Gap | Gathering, processing, transport$ a BOE |
|---|---|---|---|---|
| Q2 2026 (10-Q) | $98.13 | $97.46 | +$0.67 | $1.78 |
| Q1 2026 (10-Q) | $70.29 | $70.79 | −$0.50 | $1.97 |
| Q3 2025 (10-Q) | $63.55 | $64.47 | −$0.92 | $1.92 |
| Q2 2025 (10-Q) | $62.20 | $63.13 | −$0.93 | $1.84 |
| Q1 2025 (10-Q) | $69.81 | $70.97 | −$1.16 | $1.72 |
| Q3 2024 (10-Q) | $74.23 | $75.06 | −$0.83 | $1.28 |
Sources: SEC filings, linked on each quarter, and EIA.
Drilling activity
Wells Magnolia Oil & Gas Operating LLC has permitted
Recent drilling permits for Magnolia Oil & Gas Operating LLC
ASCARI ALLOC. #2HE
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Burleson County
Permit 0918702 · Sep 24, 2026
ASCARI UNIT #3HE
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Burleson County
Permit 0918701 · Sep 23, 2026
BRECK EF UNIT #3HE
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Burleson County
Permit 0918786 · Sep 22, 2026
TEX ONE #H 01TK
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County
Permit 0918724 · Sep 21, 2026
KYLE TWO #H 02TK
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County
Permit 0918725 · Sep 21, 2026
KYLE FOUR #H 04TK
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County
Permit 0918726 · Sep 21, 2026
What owners' statements show
Statements from Magnolia Oil & Gas Operating LLC owners
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.
Check my statementFAQ
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.
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.
Related
Keep going
- Texas dataMagnolia Oil & Gas Operating LLC, leases and productionEvery lease, county and field, with five years of output.
- Texas dataAll operator report cardsCompanies with enough public data or owner statements.
- ToolOperator price checkYour oil price against what Texas buyers paid and your operator's reported price.
- Texas dataTexas oil and gas atlas254 counties, every lease, operator and field.
- GuidePost-production deductionsGathering, compression, treating, processing.
- HelpTexas royalty auditThe ten checks, on your stub, against the state record.
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.
Sources
Primary sources, opened on 29 September 2026. Statute text is the current version on statutes.capitol.texas.gov.
- Railroad Commission of Texas, Production Data Query
- Railroad Commission of Texas, data sets available for download (P-4 purchaser and gatherer filings, operator history)
- SEC EDGAR, company filings (10-K and 10-Q)
- EIA, first purchase price of Texas crude oil, monthly
- Railroad Commission of Texas, drilling permits (W-1)
- Texas Natural Resources Code §91.402, time for payment of proceeds and division orders