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Texas oil lease

Producing

BORGSTEDT-OL UNIT

Borgstedt-Ol 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

41,452bbl oil, last 12 months−27% vs prior year
Operator
Magnolia Oil & Gas Operating LLC
County
Washington County
Field
Giddings (Austin Chalk-3)
RRC lease
03-22242

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Gas, last 12 months
190,218 mcf
Oil in Jul 2026
3,304 bbl

Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for BORGSTEDT-OL UNIT, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 41,452 bbl in the 12 months through Jul 2026, against 56,555 bbl in the 12 months before.Last 12 months: 41,452 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for BORGSTEDT-OL UNIT, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 41,452 bbl in the 12 months through Jul 2026, against 56,555 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kJan 24JulJan 25JulJan 26Jul

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

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of BORGSTEDT-OL UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% 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
Over 99% of the gas went to a transmission line in the last 12 monthsShare of BORGSTEDT-OL UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% 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)

    100% · 189,401 mcf

  • Lease fuel (1)

    0.4% · 772 mcf

  • Flared (4)

    0.0% · 45 mcf

3 wells on this lease

Wells on BORGSTEDT-OL UNIT
API numberWell no.Status
42-477-307131Active
42-477-311573HActive
42-477-311582HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers25Dec 1, 2022–
Enterprise Crude Oil LLCOilGathers25May 11, 2018–
Flint Hills Resources, LPOilGathers25May 11, 2018–
Shell Trading (Us) CompanyOilGathers25May 11, 2018–
Magnolia Oil & Gas Operating LLCCasinghead gasBuys100Sep 1, 2018–
Energy Transfer CompanyCasinghead gasGathers100May 1, 2005–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers25May 11, 2018Dec 1, 2022

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

Who buys my oilOil price check

837.49 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.

  • 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 Borgstedt-Ol Unit
API numberWell no.Acreson the permit
42-477-311573H837.49
42-477-311582H837.49
42-477-307131837.49
42-477-307131RE837.49

SourceRailroad Commission drilling permits, Oct 3, 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 BORGSTEDT-OL UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,3043,28414,91514,83034$80.46$2.89
Jun 20263,2593,54714,46614,4010$84.81$3.15
May 20263,4803,50715,43015,3630$102.13$2.94
Apr 20263,4903,20514,87114,79810$100.32$2.77
Mar 20263,3413,39614,56414,5000$91.38$3.04
Feb 20263,0383,02513,68513,6260$64.51$3.62
Jan 20263,3513,40015,41715,3521$60.04$7.72
Dec 20253,5213,20016,60616,5330$57.97$4.26
Nov 20253,3463,54716,21416,1420$60.06$3.79
Oct 20253,6223,75217,31617,2500$60.89$3.19
Sep 20253,8453,75718,03317,9690$63.96$2.97
Aug 20253,8554,11818,70118,6370$64.86$2.91
Jul 20254,2434,10919,77219,7050$68.39$3.20
Jun 20254,8474,72020,25020,1840$68.17$3.02
May 20254,5804,67821,32821,2630$62.17$3.12
Apr 20254,3844,35921,05720,9950$63.54$3.42
Mar 20255,3775,33923,59823,5350$68.24$4.12
Feb 20253,2863,39219,07119,0140$71.53$4.19
Jan 20254,5294,52923,44723,3772$75.74$4.13
Dec 20244,8304,78824,54624,4811$70.12$3.01
Nov 20245,0125,10822,27222,1750$69.95$2.12
Oct 20245,3785,11223,67523,5160$71.99$2.20
Sep 20244,6864,84822,43722,2780$70.24$2.28
Aug 20245,4035,46725,29225,1160$76.68$1.99
Jul 20246,9467,05228,77428,5930$81.80$2.07
Jun 20246,7997,09627,91427,71117$79.77$2.54
May 20247,0886,61129,71029,4270$80.02$2.12
Apr 20247,6777,87727,25927,06321$85.35$1.60
Mar 20246,2396,25224,21724,0500$81.28$1.49
Feb 20247,9807,92730,86330,7060$77.25$1.72
Jan 20247,4707,13227,58927,41219$74.15$3.18
Dec 20236,1286,33227,40827,2952$71.90$2.52
Nov 20237,9707,70927,94427,82220$77.69$2.71
Oct 20231,3541,2453,3213,3210$85.64$2.98
Sep 20239861,1825,0995,0990$89.43$2.64
Aug 20235,8785,96126,65126,50445$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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This lease belongs to

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

Magnolia Oil & Gas Operating LLC in Washington County

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