AUDIOSLAVE A

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 11616District 02Field 86950300OilCasinghead gasSaveExport
Value, all time
$30.1 M
May 2018 – May 2026
Value, last 12 filed months
$8.4 M
at the published price for each month
Months reported
97
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-01-12.

The Commission's schedule remark for this field reads: INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.

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
OilDisposition398,765 bbl$26,531,677
Casinghead gasProduction1,147,667 Mcf$3,593,799
Total$30,125,477

Wells on this lease (4)

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 29.0374, -97.8663. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

29.03529, -97.86443 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
10,241 ft
4 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.
4100.0%

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 10,233 and 10,251 ft, median 10,241 ft, over the 4 wells that filed a depth.

Completions filed
Dec 2018 – Aug 2025
4 of 4 wells

4 wells

42-25538282104H10,251 ftAug 2025
42-25538283106H10,236 ftAug 2025
42-25538285108H10,246 ftAug 2025
42-25535935102H10,233 ftDec 2018

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 (97)

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

97 months

May 202661,62893,259106.413.05$6,841,887
Apr 20269,66212,50798.932.87$991,753
Mar 20266089.753.15$539
Feb 202625063.503.75$1,588
Jan 20265671,55859.138.00$45,987
Dec 20251,1262,61956.664.41$75,358
Nov 20251,1012,77158.593.93$75,388
Oct 20251,1212,59459.383.30$75,138
Sep 20251,1332,39862.743.08$78,463
Aug 20251,0622,67763.933.01$75,964
Jul 20251,0273,01866.743.32$78,547
Jun 20251,1633,67066.483.13$88,799
May 20251,1834,15860.553.23$85,071
Apr 20251,2102,92962.363.54$85,833
Mar 20251,3073,43867.704.27$103,158
Feb 20251,2912,90870.884.34$104,129
Jan 20251,2032,28474.324.28$99,179
Dec 20241,2912,63868.993.12$97,300
Nov 20241,3422,62469.052.20$98,434
Oct 20241,3852,79671.372.28$105,226
Sep 20241,2742,57569.612.36$94,771
Aug 20241,3022,89375.632.06$104,440
Jul 20241,4403,03679.932.15$121,616
Jun 20241,5933,23678.082.63$132,905
May 20242,2723,43278.812.20$186,601
Apr 20242,2543,48784.451.66$196,136
Mar 20242,6383,55080.301.55$217,317
Feb 20241,5782,86576.091.78$125,180
Jan 20241,4932,97573.023.30$118,829
Dec 20231,6542,92171.262.61$125,490
Nov 20231,8133,51777.892.81$151,089
Oct 20230085.443.09$0
Sep 202311537789.042.74$11,271
Aug 20231,6066,72180.522.67$147,280
Jul 20231,9546,88674.852.64$164,448
Jun 20231,5866,27968.962.26$123,552
May 20231,7636,45570.622.23$138,881
Apr 20231,8966,58278.122.24$162,844
Mar 20231,9406,73972.852.39$157,457
Feb 20231,6736,62675.112.47$141,997
Jan 20232,1288,10176.533.39$190,300
Dec 20221,5797,06176.415.73$161,104
Nov 20221,8998,00885.005.65$206,630
Oct 20221,6486,96287.185.86$184,496
Sep 20221,8247,98584.888.16$220,008
Aug 20222,0178,20094.529.13$265,490
Jul 20221,9757,759101.587.54$259,140
Jun 20221,8667,387115.097.98$273,686
May 20222,0838,001109.378.43$295,290
Apr 20222,2988,202104.226.84$295,580
Mar 20222,58310,692108.885.08$335,514
Feb 20221,5427,17791.054.86$175,271
Jan 20221,6275,17681.844.54$156,641
Dec 20212,2068,76071.323.90$191,488
Nov 20212,3528,59577.435.24$227,126
Oct 20212,7159,38979.795.71$270,277
Sep 20212,3699,29069.865.35$215,208
Aug 20212,4969,59566.024.22$205,282
Jul 20212,7259,78670.783.98$231,844
Jun 20212,6359,56169.493.38$215,428
May 20212,77510,35563.483.02$207,405
Apr 20212,9989,72060.362.76$207,771
Mar 20213,84913,82161.302.72$273,495
Feb 20211,4096,75857.805.55$118,933
Jan 20213,27412,25350.412.81$199,477
Dec 20203,36412,18844.642.68$182,777
Nov 20203,42612,12138.772.71$165,632
Oct 20203,54713,42336.972.48$164,401
Sep 20203,54517,40137.091.99$166,130
Aug 20203,72218,06339.982.39$191,888
Jul 20204,10914,99838.371.83$185,035
Jun 20204,06615,94034.901.69$168,847
May 20204,42917,66216.921.81$106,991
Apr 20204,63516,46214.751.80$98,070
Mar 20205,03817,30230.341.86$184,969
Feb 20204,71316,82649.881.98$268,411
Jan 20205,56717,48957.252.09$355,346
Dec 20195,85018,20159.012.30$387,150
Nov 20196,07818,92655.302.75$388,173
Oct 20197,09322,03953.472.42$432,565
Sep 20197,29724,52955.052.66$466,880
Aug 20198,51329,08153.112.30$519,139
Jul 20199,44735,52756.272.46$618,981
Jun 201910,90742,03852.782.49$680,397
May 201912,89342,68958.482.74$870,964
Apr 201914,44152,13762.632.75$1,047,853
Mar 201920,30063,26156.803.06$1,346,752
Feb 201926,45071,43250.852.79$1,544,436
Jan 201937,44277,14646.033.23$1,972,496
Dec 20183,34410,19446.594.19$198,463
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0

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               61,628 bbl  × $106.41 = $6,557,835
Casinghead gas    93,259 Mcf  × $  3.05 =   $284,052

────────────────────────────────────────────────────
Month total                               $6,841,887

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/11616 is the state's own key, not one this site invented.