M&K

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11314District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$8.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$117 k
at the published price for each month
Months reported
401
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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
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 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
OilDisposition44,941 bbl$3,076,084
Casinghead gasProduction1,156,899 Mcf$5,327,767
Total$8,403,851

18,897 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

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 30.1692, -96.9373. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.16921, -96.93730 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,891 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 8,891 ft.

Completions filed
Jun 2006
1 of 1 wells

1 well

42-2873004218,891 ftJun 2006

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 (401)

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

401 months

May 2026073106.413.05$222
Apr 202609698.932.87$275
Mar 2026011689.753.15$365
Feb 20260063.503.75$0
Jan 20261667459.138.00$10,407
Dec 20250056.664.41$0
Nov 202502,20958.593.93$8,674
Oct 202521,85259.383.30$6,239
Sep 20253667,89862.743.08$47,264
Aug 202521,46063.933.01$4,529
Jul 20251826,71066.743.32$34,392
Jun 202501,49766.483.13$4,684
May 20251772,23260.553.23$17,932
Apr 20251926,31762.363.54$34,355
Mar 20251956,75367.704.27$42,025
Feb 20253866,80370.884.34$56,890
Jan 202505274.324.28$222
Dec 20243795,38068.993.12$42,940
Nov 20241926,74469.052.20$28,084
Oct 202416371.372.28$215
Sep 202409369.612.36$220
Aug 202408575.632.06$175
Jul 2024010379.932.15$221
Jun 2024013278.082.63$348
May 2024012278.812.20$268
Apr 20240084.451.66$0
Mar 2024012880.301.55$198
Feb 20240076.091.78$0
Jan 2024011073.023.30$363
Dec 202308571.262.61$222
Nov 202306377.892.81$177
Oct 20230085.443.09$0
Sep 202305789.042.74$156
Aug 202305680.522.67$150
Jul 202306874.852.64$180
Jun 202303068.962.26$68
May 20231731,59470.622.23$15,768
Apr 202302,39478.122.24$5,357
Mar 20231792,87072.852.39$19,909
Feb 2023072675.112.47$1,790
Jan 202312,28376.533.39$7,811
Dec 20221753,09176.415.73$31,080
Nov 20221853,47485.005.65$35,340
Oct 202203,76787.185.86$22,089
Sep 20221693,65084.888.16$44,142
Aug 202203,59894.529.13$32,840
Jul 20221783,841101.587.54$47,050
Jun 202203,345115.097.98$26,684
May 20221783,460109.378.43$48,646
Apr 202233,315104.226.84$22,979
Mar 20221813,158108.885.08$35,739
Feb 202223,15991.054.86$15,531
Jan 20221943,45281.844.54$31,541
Dec 202113,41471.323.90$13,383
Nov 20211713,56777.435.24$31,920
Oct 202103,32379.795.71$18,987
Sep 2021823,45369.865.35$24,205
Aug 20211913,60866.024.22$27,838
Jul 202113,73970.783.98$14,960
Jun 20211773,58569.493.38$24,419
May 202113,26463.483.02$9,913
Apr 20211912,89160.362.76$19,503
Mar 202113,07361.302.72$8,410
Feb 202111,98857.805.55$11,087
Jan 20211843,35350.412.81$18,698
Dec 20201883,34244.642.68$17,334
Nov 202023,26138.772.71$8,904
Oct 20201853,58536.972.48$15,725
Sep 202013,11137.091.99$6,231
Aug 20201823,37239.982.39$15,319
Jul 202023,28838.371.83$6,078
Jun 20201793,27534.901.69$11,783
May 202023,26916.921.81$5,966
Apr 20201903,18014.751.80$8,540
Mar 202042,63930.341.86$5,020
Feb 20201703,05149.881.98$14,523
Jan 202023,04957.252.09$6,501
Dec 20191713,20559.012.30$17,476
Nov 20191823,33055.302.75$19,224
Oct 201913,75853.472.42$9,142
Sep 20191793,11655.052.66$18,134
Aug 20191804,02753.112.30$18,839
Jul 201914,01556.272.46$9,933
Jun 201913,73652.782.49$9,360
May 20191791,91858.482.74$15,724
Apr 201923,58062.632.75$9,973
Mar 20191853,18856.803.06$20,270
Feb 201913,02750.852.79$8,503
Jan 20191833,93346.033.23$21,120
Dec 20181713,84446.594.19$24,056
Nov 20181803,99452.934.24$26,451
Oct 201801,82061.443.40$6,185
Sep 20181803,78659.543.11$22,484
Aug 20181694,42459.403.07$23,605
Jul 201814,47765.142.93$13,191
Jun 20181774,45560.183.08$24,360
May 20181734,74365.382.90$25,069
Apr 20181684,70663.842.90$24,376
Mar 20181744,49161.222.79$23,168
Feb 201813,94561.782.77$10,974
Jan 20181694,88662.874.01$30,215
Dec 20171724,94357.272.92$24,292
Nov 20171705,37755.423.12$26,189
Oct 201715,08649.292.98$15,224
Sep 20171692,38847.523.09$15,403
Aug 201724,13045.373.00$12,499
Jul 20171794,74643.873.09$22,505
Jun 201724,57642.493.09$14,212
May 20171704,78245.373.26$23,318
Apr 201724,57947.933.21$14,802
Mar 20171734,86646.772.98$22,610
Feb 20171674,18850.452.95$20,791
Jan 201724,77849.413.42$16,434
Dec 20161864,89148.763.72$27,278
Nov 20161814,89842.492.64$20,643
Oct 201615,04346.193.09$15,630
Sep 20161385,04841.553.10$21,386
Aug 20161616,08141.442.92$24,455
Jul 20161596,76841.622.92$26,410
Jun 20161846,75245.352.69$26,479
May 201617,30742.521.99$14,591
Apr 20161776,54236.561.99$19,497
Mar 20161626,72633.011.79$17,414
Feb 20161606,67526.472.06$18,010
Jan 20161705,64127.352.36$17,987
Dec 20151635,37532.362.00$16,032
Nov 201524,78538.792.17$10,448
Oct 20151805,37243.552.43$20,875
Sep 201515,33142.992.76$14,748
Aug 20151775,33540.162.87$22,433
Jul 20151845,48948.152.95$25,025
Jun 201515,28656.152.88$15,295
May 20151635,76155.212.96$26,026
Apr 20151805,71449.822.71$24,433
Mar 20151805,91142.892.93$25,067
Feb 201514,55344.662.98$13,595
Jan 20151825,77043.433.10$25,795
Dec 20141815,89054.693.59$31,052
Nov 20141805,75570.464.25$37,152
Oct 201426,20778.303.90$24,370
Sep 20141805,71786.164.05$38,637
Aug 20141756,34089.394.04$41,226
Jul 20141775,94296.564.18$41,926
Jun 201415,52998.164.74$26,288
May 20141825,69894.734.73$44,173
Apr 20141824,90895.944.81$41,064
Mar 201435,40995.895.06$27,640
Feb 20141765,99397.406.19$54,251
Jan 20141816,76190.404.86$49,226
Dec 20131836,99791.824.35$47,271
Nov 20131795,73188.853.74$37,328
Oct 20131704,53497.423.78$33,697
Sep 201315,694104.113.72$21,273
Aug 20131676,539104.253.52$40,444
Jul 20131716,371102.523.72$41,217
Jun 20131766,15094.403.93$40,805
May 201315,32994.834.15$22,205
Apr 20131723,64093.964.28$31,750
Mar 20131804,64493.623.91$35,023
Feb 201325,72391.233.42$19,755
Jan 20131737,33891.603.42$40,942
Dec 20121776,97686.773.42$39,217
Nov 20121745,93386.953.62$36,636
Oct 20121804,74389.383.40$32,213
Sep 20121784,52894.672.92$30,066
Aug 20121676,13992.662.91$33,327
Jul 201216,75385.133.02$20,485
Jun 20121706,04279.822.52$28,789
May 20121685,70891.612.49$29,594
Apr 20121793,888101.652.00$25,959
Mar 20121724,826105.052.22$28,792
Feb 20121704,819101.102.57$29,573
Jan 20121694,69298.092.73$29,406
Dec 201124,18496.873.24$13,749
Nov 20111794,77495.723.31$32,942
Oct 20111694,50384.983.65$30,791
Sep 20111715,34183.623.99$35,587
Aug 20111713,88583.404.15$30,382
Jul 201113,48894.144.52$15,850
Jun 20111753,61492.904.64$33,026
May 20111743,26398.134.40$31,448
Apr 20111703,419105.964.33$32,829
Mar 20111774,26996.364.06$34,377
Feb 20111744,23585.644.18$32,604
Jan 20111774,20486.504.59$34,602
Dec 201013,21185.734.35$14,046
Nov 20101743,39080.843.80$26,932
Oct 20101743,74878.103.51$26,741
Sep 20101694,25872.633.98$29,219
Aug 20101754,95273.684.42$34,779
Jul 20101765,73172.554.74$39,914
Jun 20101805,14570.364.91$37,929
May 20101745,46071.124.24$35,499
Apr 20101784,18581.694.12$31,794
Mar 20101647,30178.394.39$44,898
Feb 20101836,98473.585.44$51,475
Jan 20101906,39874.365.96$52,287
Dec 20091916,50671.445.48$49,322
Nov 20091835,34374.593.75$33,694
Oct 20093496,53472.544.11$52,173
Sep 20091775,97365.543.06$29,906
Aug 20091798,01467.423.22$37,861
Jul 20091846,22761.133.46$32,821
Jun 20093455,84566.163.90$45,591
May 20091846,21654.743.93$34,475
Apr 20091716,93346.773.59$32,870
Mar 20093627,84242.144.06$47,085
Feb 20091876,49832.814.63$36,241
Jan 20091876,80235.865.37$43,239
Dec 20083697,75937.105.98$60,067
Nov 20081794,67055.496.86$41,971
Oct 20081764,48875.246.92$44,308
Sep 20083664,303101.767.88$71,139
Aug 200837510,625114.228.48$132,965
Jul 200837212,688131.0811.39$193,271
Jun 200837410,260131.3313.03$182,832
May 200856615,103123.1711.57$244,521
Apr 200855716,329110.3110.45$232,160
Mar 200854012,516101.909.66$175,982
Feb 200854512,76492.538.77$162,377
Jan 200854715,92590.388.21$180,114
Dec 200789816,88988.337.30$202,643
Nov 200754412,15391.677.29$138,485
Oct 20071,09618,29782.856.92$217,455
Sep 200791916,99575.846.24$175,816
Aug 20071,26516,40669.066.39$192,161
Jul 20071,25814,91070.906.39$184,436
Jun 200791113,43662.007.55$157,903
May 200773512,28058.747.85$139,526
Apr 20077489,11259.617.81$115,709
Mar 20075742,38756.927.30$50,102
Feb 2007566055.108.22$31,187
Jan 2007220050.306.73$11,066
Dec 200653356.656.92$512
Nov 2006136454.207.62$1,192
Oct 2006189054.906.01$10,376
Sep 20067283,94960.085.04$63,630
Aug 20068933,20668.717.34$84,890
Jul 200655529369.376.34$40,359
Jun 2006108066.286.38$1,174
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002018017.172.38$428
Dec 20011282916.932.36$2,236
Nov 2001010118.072.41$243
Oct 2001014119.782.53$357
Sep 200118513924.262.25$4,801
Aug 2001014224.873.05$434
Jul 2001013923.933.20$444
Jun 2001016524.563.82$631
May 2001013025.524.31$560
Apr 2001015624.685.34$832
Mar 2001018124.545.38$973
Feb 2001018027.755.77$1,038
Jan 2001024427.478.40$2,049
Dec 2000018426.889.12$1,679
Nov 2000015832.215.66$894
Oct 2000022831.235.15$1,173
Sep 2000023831.875.19$1,234
Aug 20001907929.644.54$5,990
Jul 200002028.534.09$82
Jun 2000024429.304.40$1,073
May 2000024227.263.68$891
Apr 2000020924.513.12$651
Mar 2000024528.422.86$701
Feb 2000022327.622.73$608
Jan 200018525525.272.48$5,307
Dec 1999026124.282.42$633
Nov 1999027123.192.43$660
Oct 1999032920.982.80$922
Sep 1999034121.752.62$893
Aug 1999036519.262.88$1,050
Jul 199918132817.892.37$4,016
Jun 1999036415.942.36$860
May 1999025315.792.32$587
Apr 1999019515.102.21$431
Mar 1999032612.471.84$599
Feb 19991886429.981.82$3,043
Jan 1999095510.381.90$1,814
Dec 19981759.201.77$142
Nov 1998122510.892.19$503
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 1997112423.483.54$462
Dec 1996138723.32$23
Nov 199618938121.97$4,152
Oct 1996037623.31$0
Sep 1996040622.22$0
Aug 1996043820.26$0
Jul 199618243219.55$3,558
Jun 1996045418.73$0
May 1996045419.43$0
Apr 1996043521.51$0
Mar 199618244519.38$3,527
Feb 1996045216.98$0
Jan 1996043417.07$0
Dec 199519139217.19$3,283
Nov 1995063416.00$0
Oct 1995013915.43$0
Sep 1995021716.18$0
Aug 199517327715.92$2,754
Jul 1995034315.24$0
Jun 1995032516.41$0
May 1995196017.56$3,442
Apr 1995033417.73$0
Mar 1995130816.44$16
Feb 1995029716.58$0
Jan 1995033615.92$0
Dec 1994036215.03$0
Nov 199418830815.90$2,989
Oct 1994133215.58$16
Sep 1994036715.29$0
Aug 1994138916.13$16
Jul 1994037517.56$0
Jun 1994039617.09$0
May 199419743015.88$3,128
Apr 1994044014.14$0
Mar 1994041812.46$0
Feb 1994036612.50$0
Jan 199418236312.66$2,304
Dec 1993044812.33$0
Nov 1993043614.49$0
Oct 1993051315.85$0
Sep 199316543015.03$2,480
Aug 1993049215.66$0
Jul 1993046815.46$0
Jun 1993046616.79$0
May 199317549017.68$3,094
Apr 1993048318.05$0
Mar 1993049718.14$0
Feb 199319042117.90$3,401
Jan 1993051116.93$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                    0 bbl  × $106.41 =         $0
Casinghead gas        73 Mcf  × $  3.05 =       $222

────────────────────────────────────────────────────
Month total                                     $222

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. 03/O/11314 is the state's own key, not one this site invented.