Texas oil lease
ProducingBEAVER DAM
Beaver Dam is an oil lease in Lee County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.
1 well
- Operator
- Magnolia Oil & Gas Operating LLC
- County
- Lee County
- RRC lease
- 03-28147
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 244,394 mcf
- Oil in Jul 2026
- 5,306 bbl
Production by month
Oil output fell 39% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Over 99% of the gas went to a transmission line in the last 12 months
Flaring peaked at 25.4% of the gas in Dec 2024.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
100% · 243,363 mcf
Flared (4)
0.3% · 767 mcf
Lease fuel (1)
0.1% · 264 mcf
0.3% of the gas flared in the last 12 months. 2 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-287-32776 | H 02BB | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 34 | Feb 8, 2024 |
| Enterprise Crude Oil LLC | Oil | Gathers | 33 | Feb 8, 2024 |
| Shell Trading (Us) Company | Oil | Gathers | 33 | Feb 8, 2024 |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 100 | Feb 8, 2024 |
| Energy Transfer Company | Casinghead gas | Gathers | 100 | Feb 8, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,150.34 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-287-32776 | H 02BB | Sep 21, 2023 | Feb 8, 2024 | 1,150.34 |
What Magnolia Oil & Gas Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.13 | $2.18 | $23.25 | SEC filing |
| Q1 2026 | $70.29 | $2.98 | $18.48 | SEC filing |
| Q3 2025 | $63.55 | $2.46 | $18.98 | SEC filing |
| Q2 2025 | $62.20 | $2.55 | $19.94 | SEC filing |
| Q1 2025 | $69.81 | $3.11 | $22.03 | SEC filing |
| Q3 2024 | $74.23 | $1.52 | $19.46 | SEC filing |
SourceMagnolia Oil & Gas Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
30 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 5,306 | 5,267 | 15,743 | 15,689 | 28 | $80.46 | $2.89 |
| Jun 2026 | 5,582 | 5,629 | 18,790 | 18,727 | 34 | $84.81 | $3.15 |
| May 2026 | 6,553 | 6,567 | 19,710 | 19,671 | 39 | $102.13 | $2.94 |
| Apr 2026 | 6,922 | 6,904 | 18,635 | 18,571 | 29 | $100.32 | $2.77 |
| Mar 2026 | 6,170 | 6,236 | 18,456 | 18,376 | 80 | $91.38 | $3.04 |
| Feb 2026 | 6,984 | 6,888 | 20,615 | 20,555 | 42 | $64.51 | $3.62 |
| Jan 2026 | 7,173 | 7,243 | 19,283 | 19,207 | 74 | $60.04 | $7.72 |
| Dec 2025 | 8,375 | 8,356 | 22,317 | 22,208 | 95 | $57.97 | $4.26 |
| Nov 2025 | 8,767 | 8,786 | 22,310 | 22,125 | 122 | $60.06 | $3.79 |
| Oct 2025 | 9,686 | 9,818 | 23,883 | 23,744 | 111 | $60.89 | $3.19 |
| Sep 2025 | 12,118 | 12,062 | 23,656 | 23,566 | 50 | $63.96 | $2.97 |
| Aug 2025 | 13,307 | 13,188 | 20,996 | 20,924 | 63 | $64.86 | $2.91 |
| Jul 2025 | 14,731 | 14,764 | 19,088 | 19,018 | 40 | $68.39 | $3.20 |
| Jun 2025 | 14,065 | 14,069 | 16,484 | 16,408 | 42 | $68.17 | $3.02 |
| May 2025 | 16,614 | 16,741 | 17,337 | 16,947 | 96 | $62.17 | $3.12 |
| Apr 2025 | 14,039 | 13,824 | 20,119 | 20,007 | 81 | $63.54 | $3.42 |
| Mar 2025 | 11,487 | 11,474 | 11,208 | 11,145 | 47 | $68.24 | $4.12 |
| Feb 2025 | 2,170 | 2,187 | 2,681 | 2,672 | 5 | $71.53 | $4.19 |
| Jan 2025 | 1,945 | 2,118 | 2,047 | 2,036 | 6 | $75.74 | $4.13 |
| Dec 2024 | 12,733 | 12,624 | 26,399 | 19,647 | 6,706 | $70.12 | $3.01 |
| Nov 2024 | 8,923 | 9,173 | 21,031 | 19,557 | 1,436 | $69.95 | $2.12 |
| Oct 2024 | 20,001 | 19,800 | 43,497 | 43,497 | 0 | $71.99 | $2.20 |
| Sep 2024 | 20,439 | 20,584 | 42,362 | 42,230 | 81 | $70.24 | $2.28 |
| Aug 2024 | 22,835 | 22,763 | 43,127 | 42,987 | 96 | $76.68 | $1.99 |
| Jul 2024 | 25,763 | 25,681 | 44,209 | 44,099 | 61 | $81.80 | $2.07 |
| Jun 2024 | 28,404 | 28,709 | 48,952 | 48,949 | 3 | $79.77 | $2.54 |
| May 2024 | 32,765 | 32,982 | 42,970 | 42,969 | 1 | $80.02 | $2.12 |
| Apr 2024 | 34,231 | 34,195 | 41,511 | 41,449 | 1 | $85.35 | $1.60 |
| Mar 2024 | 41,312 | 41,171 | 49,010 | 48,954 | 0 | $81.28 | $1.49 |
| Feb 2024 | 30,242 | 29,734 | 35,393 | 35,314 | 36 | $77.25 | $1.72 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Magnolia Oil & Gas Operating LLC in Lee County
- THUNDERCREEK FOUR
139,995 bbl
- THUNDERCREEK TWO
111,526 bbl
- JOE THREE
66,634 bbl
- JOE FIVE
68,484 bbl
- BEAVER WHITE
62,203 bbl
- BEAVER BLACK
52,938 bbl
- THUNDERCREEK SIX
250,388 mcf
- JOE ONE
51,789 bbl
- BEAVER ORANGE
53,126 bbl
- BEAVER TAIL
46,219 bbl
Giddings (Austin Chalk-3) field
- COTROPIA-FERRARA UNIT
110,000 bbl
- BISS ONE
1,187,924 mcf
- SUMMERBLISS TWO
450,774 mcf
- DENALI SUMMIT
530,178 mcf
- RIDGE SIXERS
976,323 mcf
- ROC WHITE
1,508,659 mcf
- RING A
102,338 bbl
- DENALI MATRIX
470,212 mcf
- COMMODORE SIX
998,680 mcf
- ALE TWO
518,538 mcf
Leases within 10 km
- BEAVER BLACK
52,938 bbl · 0 km
- BEAVER ORANGE
53,126 bbl · 0 km
- BEAVER TAIL
46,219 bbl · 0 km
- BEAVER WHITE
62,203 bbl · 0 km
- K-BOB #1
3,616 bbl · 0.7 km
- CHESTER
6,926 bbl · 1 km
- RANDOLPH
185,544 bbl · 1 km
- ULLRICH 'A'
16,104 bbl · 1.3 km
- LEHMANN HEIRS OL UNIT
30,632 bbl · 1.4 km
- DEBORAH
11,301 bbl · 1.6 km
Drilling permits within 10 km
CYCLONE EIGHT #H 08CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 8.2 km
Permit 0917165 · Jul 24, 2026
CYCLONE TEN #H 10CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 8.2 km
Permit 0917166 · Jul 24, 2026
CYCLONE TWELVE #H 12CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 8.2 km
Permit 0917167 · Jul 24, 2026
CYCLONE SIX #H 06CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 8.1 km
Permit 0917164 · Jul 23, 2026
CYCLONE TWO #H 02CC
new drill · horizontal · Magnolia Oil & Gas Operating LLC · Fayette County · 8.1 km
Permit 0917162 · Jul 23, 2026