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Where We Operate

Magnolia's South Texas asset platform includes a well-delineated, low-risk position in the core of Karnes County and a position in the Giddings Field, a re-emerging oil play with significant upside. Together, these positions comprise approximately 460,000 net acres targeting two of the top oil plays in the United States.

Karnes County: Core Eagle Ford and Austin Chalk

  • World-class acreage footprint located in the core of the Eagle Ford, substantially de-risked
  • Full field development allows for operational efficiencies and improved performance
  • Well known, repeatable acreage position targeting multiple benches and representing some of the best economics in North America

Giddings Field: Redeveloping as an Emerging Play

  • Emerging, high-growth asset with extensive inventory potential and significant development flexibility
  • Held-by-production nature of asset allows for systematic delineation and optimization of play while staying within asset cash flow
  • Modern high-intensity completions have resulted in a step-change improvement in well performance
  • At least 1,000 locations based on conservative spacing assumptions