LEASES · O-3-23138 · OIL · DISTRICT 03
Stewart Unit
ReportingMagnolia Oil & Gas Operating LLC · Milam County · Giddings (Austin Chalk-3) field
Stewart Unit is an RRC oil lease (O-3-23138) in Milam County operated by Magnolia Oil & Gas Operating LLC, with one well completed on it.
It has reported 328K barrels of oil and 175K mcf of gas since November 1996, last reporting volume in April 2026 (statewide data runs through April 2026).
The last 12 reported months total 1.78K barrels of oil, down 27% on the year before; the lease peaked at 13.5K barrels in December 1996.
7 operators have filed production on it, most recently Magnolia Oil & Gas Operating LLC since December 2023.
- 328K
- bbl oil, all reported
- 175K
- mcf gas incl. casinghead
- 1.78K
- bbl oil, last 12 reported
- -27%
- vs the 12 before
- 1
- wells completed on it
- 13.5K
- peak month, bbl (Dec 1996)
PDQ LEASE REPORTS · FIRST NOV 1996 · 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 1,781 · prior 12 2,450(-27%)
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 8,843 · prior 12 2,829(+213%)
Decline curve
A MODEL FITTED TO THE REPORTS, NOT A REPORT
An Arps hyperbolic curve fitted to the 55 reporting months of oil since the peak in Oct 2021. 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.
- 72%
- first-year decline from the peak (nominal Di 201%)
- 0.7
- b factor (hyperbolic)
- 0.74
- fit R²
- 6.22K
- 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 1,781 · prior 12 2,450(-27%)
Fitted hyperbolic curve from the Oct 2021 peak, dashed 24 months past the last report
| Projected month | Oct 2026 | Apr 2027 | Oct 2027 | Apr 2028 |
|---|---|---|---|---|
| On the curve, bbl per month | 59 | 52 | 47 | 42 |
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.
- Union Pacific Resources CompanyNov 1996 → Jan 2001 · 51 mo
- Rme Petroleum CompanyFeb 2001 → Nov 2002 · 22 mo
- Anadarko E&P Company LPDec 2002 → Dec 2012 · 121 mo
- Anadarko E&P Onshore LLCJan 2013 → Aug 2016 · 44 mo
- Treadstone Energy Prtnr OP, LLCSep 2016 → Nov 2021 · 63 mo
- LRR Pecos Valley, LLCDec 2021 → Nov 2023 · 24 mo
- Magnolia Oil & Gas Operating LLCDec 2023 → Jul 2026 · 32 mo
Wells on the lease
FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL
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-3-23138, documented in the API reference.