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Data as of Jul 2026 production (Jun 2026–Jul 2026 provisional) · permits through Oct 14, 2026 · Source: Texas Railroad Commission · Methodology
Home / Operators / MAGNOLIA STATE UNIT

MAGNOLIA STATE UNIT

RRC oil lease 55418, district 10 · PHANTOM (WOLFCAMP) field · Pecos County · operated by CONTINENTAL RESOURCES, INC.

MAGNOLIA STATE UNIT at a glance

Oil output in Mar 2026–May 2026 was down 3% from the same three months a year earlier. Over the last 12 months it reported 132,940 BBL of oil and 220,547 MCF of gas. In May 2026, the latest month not marked provisional, it reported 10,769 BBL and 18,495 MCF.

132.9KBBL oil, last 12 months▼ 14% vs prior 12
220.5KMCF gas, last 12 months▼ 2% vs prior 12
$1,102.49est. gross royalty for May 2026 at decimal
1new permits in Pecos County this month

Royalty = (10,769 BBL × $97.31 WTI, Sep 2026, EIA + 18,495 MCF × $2.95 Henry Hub, Sep 2026, EIA) × your decimal. 0.001 is only a placeholder: enter the decimal from your check stub or division order. Gross, before taxes and deductions. Full estimator →

Oil + condensate (BBL per month, last 36 months)

010K20KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Gas (MCF per month, last 36 months)

010K20K30KAug 23Feb 24Aug 24Feb 25Aug 25Feb 26

Jun 2026 and Jul 2026 are provisional (lighter bars) and usually rise as late reports arrive.

MAGNOLIA STATE UNIT production history in brief

By oil-equivalent volume over the last 12 months, MAGNOLIA STATE UNIT ranks #28 of 2,938 reporting leases in Pecos County. It reported production in 34 of the 34 non-provisional months shown, starting in our window in Aug 2023. Its peak oil month in that window was Sep 2023 at 16,388 BBL. The lease is in the PHANTOM (WOLFCAMP) field and is operated by CONTINENTAL RESOURCES, INC.; production is reported for the lease as a whole, not per well.

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New permits nearby

New drilling permits issued this month in Pecos County. RRC production data has no lease coordinates, so we match by county.

IssuedOperatorLeaseWellDepth (ft)
2026-10-13SHALLOW PRODUCTION OPER, LLCSMITH -A-24W354

Monthly production

MonthOil (BBL)Gas (MCF)
Jul 2026 (provisional)10,10916,525
Jun 2026 (provisional)9,48214,630
May 202610,76918,495
Apr 202610,71318,287
Mar 202611,69920,164
Feb 202610,30115,560
Jan 202611,23517,197
Dec 202511,55018,160
Nov 202511,51318,941
Oct 202511,68520,052
Sep 202511,38920,397
Aug 202512,49522,139
Jul 202512,18618,638
Jun 202512,58216,886
May 20258,68612,727
Apr 202512,18021,137
Mar 202513,40121,657
Feb 202512,57918,355
Jan 202513,12920,735
Dec 202414,09420,631
Nov 202414,06717,191
Oct 202414,03519,164
Sep 202414,02719,285
Aug 202413,77218,425
Jul 202414,72719,497
Jun 202414,55121,056
May 202415,59219,522
Apr 202414,85217,547
Mar 202415,63119,307
Feb 202414,59614,371
Jan 202413,5639,217
Dec 202313,8499,678
Nov 202315,0279,552
Oct 202315,72511,410
Sep 202316,38812,258
Aug 202312,8299,350

Check these figures in the RRC Production Data Query (Specific Lease Query: district 10, lease 55418). Production is reported per lease, so a lease with several wells is not split by well.

Source: Texas Railroad Commission (data sets, Production Data Query). Data date: RRC Production Data Query dump, extract dated Sep 18, 2026; production through Jul 2026. Jun 2026 and Jul 2026 are provisional: operators file late and amend, so these months usually rise in later releases. Oil = crude oil + condensate (BBL); gas = gas-well gas + casinghead gas (MCF), as reported to RRC. Methodology.