SUBLIME UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the EAGLEVILLE (EAGLE FORD-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12539District 02Field 27135750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$47.3 M
May 2022 – May 2026
Value, last 12 filed months
$3.2 M
at the published price for each month
Months reported
49
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 3,304 leases and 7,959 wells, and the rule below applies to all of them.

Discovered
2009-03-20
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 40 acres. The field rule took effect on 2017-02-28.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: BASED ON 3000 TO 1 GAS OIL RATIO

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
OilDisposition503,296 bbl$43,525,507
Casinghead gasProduction839,980 Mcf$3,730,574
Total$47,256,081

Wells on this lease (2)

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 29.0483, -97.8153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

29.04832, -97.81529 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,718 ft
2 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.
2100.0%

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 10,712 and 10,723 ft, median 10,718 ft, over the 2 wells that filed a depth.

Completions filed
May 2022
2 of 2 wells

2 wells

42-255372701H10,712 ftMay 2022
42-255372863H10,723 ftMay 2022

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 (49)

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

49 months

May 20263,0256,893106.413.05$342,885
Apr 20262,9416,39398.932.87$309,299
Mar 20263,2627,75989.753.15$317,201
Feb 20263,0347,44763.503.75$220,588
Jan 20263,4849,02659.138.00$278,198
Dec 20253,2658,30356.664.41$221,639
Nov 20253,2649,16458.593.93$227,220
Oct 20253,4799,79459.383.30$238,951
Sep 20253,1989,15362.743.08$228,806
Aug 20253,68711,48463.933.01$270,331
Jul 20253,41410,15266.743.32$261,506
Jun 20253,67010,48866.483.13$276,796
May 20253,91811,68960.553.23$275,017
Apr 20254,10411,46062.363.54$296,530
Mar 20253,97411,02367.704.27$316,089
Feb 20254,0029,24370.884.34$323,784
Jan 20254,5598,53674.324.28$375,348
Dec 20245,16210,47168.993.12$388,810
Nov 20245,57411,08869.052.20$409,261
Oct 20245,0718,36871.372.28$381,008
Sep 20245,0939,35669.612.36$376,645
Aug 20245,12910,09075.632.06$408,728
Jul 20245,34711,13579.932.15$451,288
Jun 20245,02410,43978.082.63$419,770
May 20245,57710,83978.812.20$463,352
Apr 20245,59412,62184.451.66$493,354
Mar 20246,01211,00580.301.55$499,768
Feb 20246,45510,87876.091.78$510,563
Jan 20247,49811,54473.023.30$585,572
Dec 20237,34313,80271.262.61$559,295
Nov 20237,46614,99477.892.81$623,623
Oct 20238,10115,93585.443.09$741,345
Sep 20238,27717,34289.042.74$784,415
Aug 20238,66919,09180.522.67$749,056
Jul 202310,27820,74974.852.64$824,123
Jun 202310,45420,61868.962.26$767,473
May 202311,37222,54270.622.23$853,301
Apr 202311,28124,38578.122.24$935,840
Mar 202312,77630,28772.852.39$1,003,213
Feb 202313,47126,38975.112.47$1,076,874
Jan 202315,88434,47576.533.39$1,332,394
Dec 202217,05337,79376.415.73$1,519,539
Nov 202218,45932,52385.005.65$1,752,646
Oct 202222,72936,18287.185.86$2,193,677
Sep 202226,63334,54984.888.16$2,542,656
Aug 202231,11935,79094.529.13$3,268,029
Jul 202237,57937,488101.587.54$4,100,012
Jun 202243,97738,102115.097.98$5,365,260
May 202252,55941,103109.378.43$6,095,001

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                3,025 bbl  × $106.41 =   $321,890
Casinghead gas     6,893 Mcf  × $  3.05 =    $20,995

────────────────────────────────────────────────────
Month total                                 $342,885

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/12539 is the state's own key, not one this site invented.