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Royalty Clerk

Texas gas well

Producing

LOUIE ONE

Louie One is a gas well in Washington County, Texas, operated by Magnolia Oil & Gas Operating LLC in the Giddings (Austin Chalk-3) field.

1 well

1,600,187mcf gas, last 12 months
Operator
Magnolia Oil & Gas Operating LLC
County
Washington County
Field
Giddings (Austin Chalk-3)
RRC lease
03-300516

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Where it sits

This county

Washington CountyWashingtonFayetteBrazosBurlesonLeeAustinWallerGrimesMilamWashington County
Washington County
Oil, last 12 months
107,369 bbl
Gas in Jul 2026
102,484 mcf

Production by month

Gas output fell 41% since Jun 2025

  • Gas (bars)
  • Oil (line)
Gas output fell 41% since Jun 2025Monthly gas production and oil for LOUIE ONE, Jun 2025 to Jul 2026. Gas output fell 41% since Jun 2025. Monthly average of 105,046 mcf in the latest 3 months, against 177,262 mcf in the first 3.mcf per monthbbl per month0050k5,000100k10k150k15k200k20kJul 25OctJan 26AprJul
Gas output fell 41% since Jun 2025Monthly gas production and oil for LOUIE ONE, Jun 2025 to Jul 2026. Gas output fell 41% since Jun 2025. Monthly average of 105,046 mcf in the latest 3 months, against 177,262 mcf in the first 3.mcf per monthbbl per month0050k5,000100k10k150k15k200k20kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of LOUIE ONE gas by disposition code each month, Jun 2025 to Jul 2026. 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%Jul 25OctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of LOUIE ONE gas by disposition code each month, Jun 2025 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 1,580,794 mcf

  • Lease fuel (1)

    1.1% · 17,096 mcf

  • Flared (4)

    0.1% · 2,297 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on LOUIE ONE
API numberWell no.Status
42-477-31289H 01LCActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCCondensateGathers34Oct 1, 2025–
Energy Trans Crude Marketing LLCCondensateGathers33Oct 1, 2025–
Shell Trading (Us) CompanyCondensateGathers33Oct 1, 2025–
Amp Texas Pipelines, LLCGas-well gasBuys100Jun 4, 2025–
Amp Texas Pipelines, LLCGas-well gasGathers100Jun 4, 2025–
Energy Trans Crude Marketing LLCCondensateGathers30Jun 4, 2025Oct 1, 2025
Enterprise Crude Oil LLCCondensateGathers40Jun 4, 2025Oct 1, 2025
Shell Trading (Us) CompanyCondensateGathers30Jun 4, 2025Oct 1, 2025

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

Who buys my oilOil price check

2,871.19 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.

Check your decimal on this lease
Permits for Louie One
API numberWell no.Acreson the permit
42-477-31289H 01LC2,871.19

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

14 months, newest first

Ledger for LOUIE ONE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,7396,672102,484101,92062$80.46$2.89
Jun 20266,4146,46599,34798,70367$84.81$3.15
May 20267,4057,382113,307112,45868$102.13$2.94
Apr 20265,2435,25283,98283,01966$100.32$2.77
Mar 20268,2358,317128,914127,292101$91.38$3.04
Feb 20268,0088,015124,288122,777176$64.51$3.62
Jan 20269,4389,427141,333139,542384$60.04$7.72
Dec 202510,66410,672152,787150,945346$57.97$4.26
Nov 202510,62610,615155,902153,649170$60.06$3.79
Oct 202510,80410,841156,523153,846183$60.89$3.19
Sep 202511,25011,175162,576159,645456$63.96$2.97
Aug 202512,54312,749178,744176,998218$64.86$2.91
Jul 202513,81313,855198,885196,679202$68.39$3.20
Jun 202510,70610,221154,157152,775132$68.17$3.02

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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Giddings (Austin Chalk-3) field

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