LEASES · O-3-28101 · OIL · DISTRICT 03

Lightfoot

Reporting

Magnolia Oil & Gas Operating LLC · Milam County · Giddings (Eagleford) field

Lightfoot is an RRC oil lease (O-3-28101) in Milam County operated by Magnolia Oil & Gas Operating LLC, with one well completed on it.

It has reported 182K barrels of oil and 113K mcf of gas since June 2023, last reporting volume in April 2026 (statewide data runs through April 2026).

The last 12 reported months total 28.7K barrels of oil, down 35% on the year before; the lease peaked at 31.8K barrels in July 2023.

2 operators have filed production on it, most recently Magnolia Oil & Gas Operating LLC since December 2023.

182K
bbl oil, all reported
113K
mcf gas incl. casinghead
28.7K
bbl oil, last 12 reported
-35%
vs the 12 before
1
wells completed on it
31.8K
peak month, bbl (Jul 2023)

PDQ LEASE REPORTS · FIRST JUN 2023 · 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 28,660 · prior 12 44,146(-35%)

020K40K202420252026

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 17,833 · prior 12 26,028(-31%)

05K10K15K202420252026

Decline curve

A MODEL FITTED TO THE REPORTS, NOT A REPORT

An Arps hyperbolic curve fitted to the 34 reporting months of oil since the peak in Jul 2023. 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.

84%
first-year decline from the peak (nominal Di 819%)
1.4
b factor (hyperbolic)
0.91
fit R²
301K
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 28,660 · prior 12 44,146(-35%)

020K40K20242025202620272028

Fitted hyperbolic curve from the Jul 2023 peak, dashed 24 months past the last report

Projected monthOct 2026Apr 2027Oct 2027Apr 2028
On the curve, bbl per month1,7201,5571,4261,319

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. LRR Pecos Valley, LLCJun 2023 → Nov 2023 · 6 mo
  2. Magnolia Oil & Gas Operating LLCDec 2023 → Jul 2026 · 32 mo

Wells on the lease

FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL

1

wells completed on the lease

Producing
1

Newest permits

All 1 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-3-28101, documented in the API reference.