DEFTONES AC UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the SUGARKANE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11421District 02Field 86950300OilCasinghead gasSave
Value, all time
$104.5 M
Sep 2017 – May 2026
Value, last 12 filed months
$3.2 M
at the published price for each month
Months reported
105
no gaps in the span
Streams
2
oil, casinghead gas

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition1,455,505 bbl$86,316,907
Casinghead gasProduction5,688,019 Mcf$18,211,077
Total$104,527,984

Wells on this lease (3)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.0276, -97.8369. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

29.02949, -97.83759 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,456 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
3100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 10,117 and 10,575 ft, median 10,456 ft, over the 3 wells that filed a depth.

Completions filed
Sep 2017
3 of 3 wells

3 wells

42-25535382103H10,117 ftSep 2017
42-25535364102H10,456 ftSep 2017
42-25535387101H10,575 ftSep 2017

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (105)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

105 months

May 20262,71216,610106.413.05$339,175
Apr 20262,61816,80698.932.87$307,227
Mar 20262,81719,40489.753.15$313,937
Feb 20262,62218,44263.503.75$235,660
Jan 20262,76120,11659.138.00$324,144
Dec 20252,85420,54656.664.41$252,385
Nov 20252,68919,62158.593.93$234,589
Oct 20252,76621,18159.383.30$234,245
Sep 20253,04022,88262.743.08$261,136
Aug 20253,19623,99463.933.01$276,656
Jul 20253,00721,64966.743.32$272,458
Jun 20252,30213,93866.483.13$196,645
May 20252,20413,86060.553.23$178,252
Apr 20252,78115,33962.363.54$227,771
Mar 20252,22614,34567.704.27$211,929
Feb 20252,89020,98870.884.34$295,949
Jan 20253,59126,54074.324.28$380,439
Dec 20243,52226,35768.993.12$325,253
Nov 20243,46024,64269.052.20$293,087
Oct 20243,66125,03471.372.28$318,398
Sep 20242,85722,75469.612.36$252,674
Aug 20243,19123,87475.632.06$290,602
Jul 20243,27225,18479.932.15$315,591
Jun 20243,27923,62578.082.63$318,252
May 20243,60325,62078.812.20$340,276
Apr 20243,56025,17184.451.66$342,406
Mar 20243,81423,76980.301.55$342,990
Feb 20243,68119,31176.091.78$314,531
Jan 20243,57918,96773.023.30$323,885
Dec 20234,48926,91971.262.61$390,164
Nov 20234,00826,12677.892.81$385,533
Oct 20234,04926,46085.443.09$427,636
Sep 20233,71827,59789.042.74$406,530
Aug 20234,24727,91580.522.67$416,582
Jul 20234,66931,17274.852.64$431,825
Jun 20233,79829,19968.962.26$327,855
May 20234,78431,44470.622.23$407,884
Apr 20234,60630,26678.122.24$427,549
Mar 20234,90229,57072.852.39$427,876
Feb 20234,53527,28175.112.47$407,890
Jan 20234,89930,35976.533.39$477,768
Dec 20224,33123,90776.415.73$467,897
Nov 20224,90731,41385.005.65$594,459
Oct 20225,19730,92887.185.86$634,429
Sep 20225,05030,27384.888.16$675,783
Aug 20225,36032,51294.529.13$803,369
Jul 20225,67031,676101.587.54$814,862
Jun 20225,13630,035115.097.98$830,697
May 20225,58332,113109.378.43$881,423
Apr 20225,62430,702104.226.84$796,061
Mar 20225,90929,584108.885.08$793,552
Feb 20225,48527,24191.054.86$631,769
Jan 20225,94328,67481.844.54$616,489
Dec 20216,02933,30971.323.90$559,864
Nov 20216,29431,43977.435.24$651,986
Oct 20216,51532,15979.795.71$703,584
Sep 20216,49634,19169.865.35$636,764
Aug 20216,87031,13366.024.22$584,957
Jul 20216,66329,04970.783.98$587,283
Jun 20214,73620,23069.493.38$397,495
May 20213,20119,77563.483.02$262,874
Apr 20212,25515,78660.362.76$179,656
Mar 20215,42230,47561.302.72$415,167
Feb 20215,75340,28057.805.55$555,995
Jan 20218,93861,37550.412.81$623,045
Dec 20208,85365,92644.642.68$571,580
Nov 20208,89762,22538.772.71$513,353
Oct 20209,85566,47336.972.48$529,088
Sep 20209,65361,65437.091.99$480,785
Aug 202010,92964,41139.982.39$590,568
Jul 202012,93564,81838.371.83$614,617
Jun 20204,89632,91634.901.69$226,509
May 20208,77758,69216.921.81$255,018
Apr 202010,25768,12614.751.80$274,216
Mar 202011,04570,14730.341.86$465,314
Feb 202010,57168,13249.881.98$662,228
Jan 202011,77377,72757.252.09$836,822
Dec 201912,78683,53659.012.30$946,999
Nov 201912,11883,11455.302.75$898,747
Oct 201914,05586,05353.472.42$959,643
Sep 201914,44183,40655.052.66$1,016,610
Aug 201915,62087,31753.112.30$1,030,788
Jul 201917,33889,29956.272.46$1,195,290
Jun 201918,60178,11452.782.49$1,176,358
May 201918,48272,61158.482.74$1,279,805
Apr 20197,02651,14362.632.75$580,717
Mar 201919,927109,62856.803.06$1,467,546
Feb 201919,267114,57650.852.79$1,299,648
Jan 201922,98953,40346.033.23$1,230,578
Dec 201823,859128,11046.594.19$1,647,788
Nov 201825,079130,36852.934.24$1,879,832
Oct 201828,769140,39461.443.40$2,244,637
Sep 201830,409134,39359.543.11$2,228,245
Aug 201833,214128,17159.403.07$2,365,956
Jul 201835,933126,00265.142.93$2,710,098
Jun 201839,194117,11660.183.08$2,719,051
May 201846,662136,68565.382.90$3,447,257
Apr 201850,879135,07263.842.90$3,639,932
Mar 201861,072142,03861.222.79$4,134,665
Feb 201862,534130,35261.782.77$4,223,920
Jan 201879,553152,65762.874.01$5,613,548
Dec 201786,658185,50057.272.92$5,504,846
Nov 2017107,107198,20455.423.12$6,553,941
Oct 2017134,610219,41149.292.98$7,289,579
Sep 201724,25636,96347.523.09$1,266,760

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                2,712 bbl  × $106.41 =   $288,584
Casinghead gas    16,610 Mcf  × $  3.05 =    $50,591

────────────────────────────────────────────────────
Month total                                 $339,175

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 02/O/11421 is the state's own key, not one this site invented.