LEASES · O-3-18484 · OIL · DISTRICT 03

Gantt, T.K.

Reporting

Magnolia Oil & Gas Operating LLC · Lee County · Giddings (Austin Chalk-3) field

Gantt, T.K. is an RRC oil lease (O-3-18484) in Lee County operated by Magnolia Oil & Gas Operating LLC, with 2 wells completed on it.

It has reported 108K barrels of oil and 142K mcf of gas since January 1993, last reporting volume in April 2026 (statewide data runs through April 2026).

The last 12 reported months total 912 barrels of oil, down 41% on the year before; the lease peaked at 1.88K barrels in August 2008.

5 operators have filed production on it, most recently Magnolia Oil & Gas Operating LLC since September 2021.

108K
bbl oil, all reported
142K
mcf gas incl. casinghead
912
bbl oil, last 12 reported
-41%
vs the 12 before
2
wells completed on it
1.88K
peak month, bbl (Aug 2008)

PDQ LEASE REPORTS · FIRST JAN 1993 · LAST VOLUME APR 2026 · STATEWIDE DATA THROUGH APR 2026

Oil by month

Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.

Last 12 months 912 · prior 12 1,538(-41%)

05001K2017201820192020202120222023202420252026

Gas by month

Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.

Last 12 months 1,149 · prior 12 2,583(-56%)

01K2K2017201820192020202120222023202420252026

Decline curve

A MODEL FITTED TO THE REPORTS, NOT A REPORT

An Arps exponential curve fitted to the 98 reporting months of oil since the peak in Nov 2017. The dashed line below is that curve, drawn over the months it was fitted to and then 24 months past the last report; where it parts from the columns is where the model stops describing the lease. It describes the trend of past reports. It does not know about recompletions, shut-ins, or new wells, and it is shown only when the lease reported within the last year and the curve explains most of the history.

22%
first-year decline from the peak (nominal Di 25%)
0.0
b factor (exponential)
0.74
fit R²
3.19K
bbl remaining on the curve, to 1 per month

Oil, barrels reported months since the peak, with the fitted curve and its projection

Last 12 months 912 · prior 12 1,538(-41%)

05001K20182019202020212022202320242025202620272028

Fitted exponential curve from the Nov 2017 peak, dashed 24 months past the last report

Projected monthOct 2026Apr 2027Oct 2027Apr 2028
On the curve, bbl per month59524641

Quoting a projected figure as if it were reported would be wrong; the reported figures are the ones in the charts and the table view. How production is reported →

Who reported it

Each run of months one operator filed the production report, oldest first.

  1. Gemini Exploration CompanyJan 1993 → Apr 1995 · 28 mo
  2. Union Pacific Austin Chalk Co.May 1995 → Nov 1999 · 55 mo
  3. Tex-Lee Operating CompanyDec 1999 → Mar 2008 · 100 mo
  4. WCS Oil & Gas CorporationApr 2008 → Aug 2021 · 161 mo
  5. Magnolia Oil & Gas Operating LLCSep 2021 → Jul 2026 · 59 mo

Wells on the lease

FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL

2

wells completed on the lease

NO Type on File
2

Newest permits

All 2 wells, searchable →

About this data

Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Apr 2026. Wells from completion reports; operator runs from who filed each month's report.

Developers: this page as JSON is GET /v1/data/leases/tx/o-3-18484, documented in the API reference.