Magnolia Oil and Gas

Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. Its properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2021, the company's assets consisted of a total leasehold position of 4,71,263 net acres, including 23,785 net acres in Karnes and 4,47,478 net acres in the Giddings area, as well as holds 1,292 net wells with a total production capacity of 66.0 thousand barrels of oil equivalent per day. The company was incorporated in 2017 and is headquartered in Houston, Texas.

Magnolia Oil and Gas strives to be a leader in the exploration, development, and production of unconventional oil and natural gas resources in the U.S through safe, responsible, ethical and efficient means.

Magnolia Oil and Gas’s vision is to be a premier producer of unconventional oil and natural gas based on our technical expertise and quality asset base.

Magnolia Oil and Gas has been recognized as one of the fastest-growing small companies in Texas and has been awarded numerous industry honors for its contributions in the oil and gas industry.