SCHULTZ, IRMA ET AL

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 11785District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$4 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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA3none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition175,646 bbl$4,233,680
Casinghead gasProduction288,113 Mcf$696,371
Total$4,930,051

85,413 Mcf of this lease's gas, across 14 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 (5)

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 30.2518, -96.8648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

30.25371, -96.86447 · 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
100.0%
5 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
8,370 ft
5 wells filed one
Completion to plug
8.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
240.0%
BothOn the schedule and plugged. Neither fact cancels the other.
240.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 8,184 and 8,385 ft, median 8,370 ft, over the 5 wells that filed a depth.

Completions filed
May 1978 – Jan 2007
5 of 5 wells
Plug dates filed
May 1986 – Feb 2012
2 of 5 wells; 3 filed none

Last completion to plug: a median of 8.0 years across the 2 wells that filed both dates, with the middle half between 7.9 years and 8.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-2873187458,385 ftJan 2007Yes
42-2873188678,184 ftMar 2004Feb 2012Yes
42-2873029328,285 ftOct 2002Yes
42-2873050248,370 ftJan 1996Yes
42-2873032538,385 ftMay 1978May 1986Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202555662.743.08$3,469
Aug 202501063.933.01$30
Jul 202502966.743.32$96
Jun 202502666.483.13$81
May 202503660.553.23$116
Apr 202503362.363.54$117
Mar 202503267.704.27$137
Feb 202505170.884.34$221
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20241069.052.20$69
Oct 20242071.372.28$143
Sep 202401669.612.36$38
Aug 202402375.632.06$47
Jul 202401579.932.15$32
Jun 202402178.082.63$55
May 202402378.812.20$51
Apr 20240384.451.66$5
Mar 20240980.301.55$14
Feb 202401076.091.78$18
Jan 202401673.023.30$53
Dec 202316922471.262.61$12,628
Nov 202311077.892.81$106
Oct 202311085.443.09$116
Sep 20230689.042.74$16
Aug 20230080.522.67$0
Jul 2023172274.852.64$12,879
Jun 20230668.962.26$14
May 20230670.622.23$13
Apr 20230378.122.24$7
Mar 20230072.852.39$0
Feb 202301775.112.47$42
Jan 20230076.533.39$0
Dec 2022176076.415.73$13,448
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202212584.888.16$289
Aug 20220094.529.13$0
Jul 202215773101.587.54$16,499
Jun 20221105115.097.98$953
May 20221778109.378.43$19,426
Apr 202213104.226.84$125
Mar 202214108.885.08$129
Feb 2022185691.054.86$16,873
Jan 202201081.844.54$45
Dec 20210071.323.90$0
Nov 20211077.435.24$77
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210463.483.02$12
Apr 20210060.362.76$0
Mar 202119446461.302.72$13,153
Feb 20210857.805.55$44
Jan 20211864550.412.81$9,503
Dec 202004744.642.68$126
Nov 202001938.772.71$51
Oct 2020173736.972.48$6,413
Sep 20200837.091.99$16
Aug 20200639.982.39$14
Jul 20200238.371.83$4
Jun 20200234.901.69$3
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020175049.881.98$8,729
Jan 20200057.252.09$0
Dec 20190559.012.30$12
Nov 20190455.302.75$11
Oct 201918245953.472.42$10,842
Sep 201902055.052.66$53
Aug 20191781553.112.30$9,488
Jul 201901056.272.46$25
Jun 20190952.782.49$22
May 20190858.482.74$22
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019184646.033.23$8,489
Dec 20180746.594.19$29
Nov 20180952.934.24$38
Oct 201801261.443.40$41
Sep 20180459.543.11$12
Aug 2018033659.403.07$1,030
Jul 20180065.142.93$0
Jun 2018182460.183.08$10,965
May 20180865.382.90$23
Apr 2018013563.842.90$392
Mar 201801861.222.79$50
Feb 20181801461.782.77$11,159
Jan 20180862.874.01$32
Dec 201701157.272.92$32
Nov 20170655.423.12$19
Oct 20170949.292.98$27
Sep 20170647.523.09$19
Aug 201716928445.373.00$8,521
Jul 201702043.873.09$62
Jun 201701542.493.09$46
May 20171891845.373.26$8,634
Apr 201701347.933.21$42
Mar 20170746.772.98$21
Feb 20170950.452.95$27
Jan 20170949.413.42$31
Dec 20160648.763.72$22
Nov 20160542.492.64$13
Oct 20160746.193.09$22
Sep 2016179641.553.10$7,456
Aug 2016014441.442.92$421
Jul 2016043441.622.92$1,269
Jun 20161821545.352.69$8,294
May 201601142.521.99$22
Apr 201601136.561.99$22
Mar 2016013933.011.79$249
Feb 201601426.472.06$29
Jan 20161881127.352.36$5,168
Dec 201501232.362.00$24
Nov 2015018638.792.17$403
Oct 20151822543.552.43$7,987
Sep 201502142.992.76$58
Aug 20151831940.162.87$7,404
Jul 201501348.152.95$38
Jun 20150956.152.88$26
May 201501155.212.96$33
Apr 201501349.822.71$35
Mar 201501442.892.93$41
Feb 20150844.662.98$24
Jan 201501043.433.10$31
Dec 20141811254.693.59$9,942
Nov 2014063970.464.25$2,717
Oct 20141887878.303.90$15,025
Sep 201402286.164.05$89
Aug 201402089.394.04$81
Jul 20141832796.564.18$17,783
Jun 201402198.164.74$99
May 201402194.734.73$99
Apr 201402195.944.81$101
Mar 201401495.895.06$71
Feb 201401197.406.19$68
Jan 201418249690.404.86$18,864
Dec 201318610591.824.35$17,536
Nov 201302188.853.74$79
Oct 201301497.423.78$53
Sep 2013012104.113.72$45
Aug 2013183255104.253.52$19,976
Jul 2013023102.523.72$86
Jun 201301994.403.93$75
May 20131822994.834.15$17,379
Apr 20130893.964.28$34
Mar 201301393.623.91$51
Feb 201301191.233.42$38
Jan 20130691.603.42$21
Dec 20120186.773.42$3
Nov 201217468886.953.62$17,623
Oct 201201489.383.40$48
Sep 201218210894.672.92$17,545
Aug 201201492.662.91$41
Jul 201218320585.133.02$16,198
Jun 201202879.822.52$71
May 201202391.612.49$57
Apr 201217213101.652.00$17,510
Mar 2012017105.052.22$38
Feb 2012016101.102.57$41
Jan 20120698.092.73$16
Dec 201117368396.873.24$18,971
Nov 20111782895.723.31$17,131
Oct 20111823984.983.65$15,609
Sep 20111822683.623.99$15,322
Aug 20111722083.404.15$14,428
Jul 201101394.144.52$59
Jun 20110492.904.64$19
May 201101298.134.40$53
Apr 201106105.964.33$26
Mar 201117892796.364.06$20,913
Feb 201101085.644.18$42
Jan 201118328086.504.59$17,114
Dec 20101822385.734.35$15,703
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010184072.633.98$13,364
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010181371.124.24$12,885
Apr 20100081.694.12$0
Mar 201001878.394.39$79
Feb 20101841973.585.44$13,642
Jan 201001874.365.96$107
Dec 200901571.445.48$82
Nov 200918171374.593.75$16,176
Oct 200902172.544.11$86
Sep 200901765.543.06$52
Aug 200917835867.423.22$13,153
Jul 2009018561.133.46$641
Jun 20091762766.163.90$11,749
May 200901954.743.93$75
Apr 200919428246.773.59$10,085
Mar 20091758942.144.06$7,736
Feb 200902032.814.63$93
Jan 20090735.865.37$38
Dec 200818353237.105.98$9,969
Nov 20081882955.496.86$10,631
Oct 200801875.246.92$125
Sep 200819117101.767.88$19,570
Aug 2008194624114.228.48$27,452
Jul 200819343131.0811.39$25,788
Jun 200819323131.3313.03$25,646
May 2008013123.1711.57$150
Apr 200806110.3110.45$63
Mar 2008187766101.909.66$26,458
Feb 200802692.538.77$228
Jan 200802290.388.21$181
Dec 2007184088.337.30$16,253
Nov 200718461291.677.29$21,330
Oct 200702182.856.92$145
Sep 200702675.846.24$162
Aug 200718528269.066.39$14,578
Jul 2007011870.906.39$754
Jun 200719611262.007.55$12,997
May 20071958758.747.85$12,137
Apr 200718611459.617.81$11,977
Mar 20071873556.927.30$10,900
Feb 20070855.108.22$66
Jan 20071973150.306.73$10,118
Dec 200618552156.656.92$14,085
Nov 200601254.207.62$91
Oct 2006189354.906.01$10,394
Sep 2006062560.085.04$3,148
Aug 200618621768.717.34$14,373
Jul 20061825569.376.34$12,974
Jun 20061791066.286.38$11,928
May 2006164366.016.42$4,197
Apr 200635813664.397.36$24,053
Mar 2006073456.707.08$5,199
Feb 20061923557.597.75$11,329
Jan 200638416660.598.93$24,749
Dec 200537332854.9413.42$24,893
Nov 200536546854.6910.59$24,917
Oct 200519254758.3413.80$18,748
Sep 20055781,25861.4512.08$50,713
Aug 200557216861.519.80$36,830
Jul 20051883355.697.84$10,729
Jun 200536518852.337.38$20,488
May 2005519745.226.65$1,536
Apr 20051458249.207.36$7,738
Mar 200519160150.377.15$13,921
Feb 2005048145.226.31$3,036
Jan 200518345543.166.32$10,775
Dec 200418865739.866.75$11,929
Nov 2004062945.286.33$3,982
Oct 200417568749.706.52$13,173
Sep 200418640943.245.28$10,204
Aug 2004883642.375.55$4,979
Jul 200417868138.286.08$10,957
Jun 200416639536.106.43$8,534
May 200417778437.486.49$11,726
Apr 20043201,33334.475.86$18,840
Mar 20040434.365.53$22
Feb 2004028832.455.51$1,587
Jan 200418964432.036.30$10,111
Dec 200317776230.266.30$10,158
Nov 200319267228.804.60$8,618
Oct 20031791,02128.174.76$9,902
Sep 200317772826.314.75$8,114
Aug 2003369829.765.13$3,670
Jul 200318280629.415.17$9,520
Jun 200318777528.565.98$9,978
May 200319797226.595.97$11,044
Apr 200318871126.675.41$8,859
Mar 200318785831.146.10$11,054
Feb 200317977533.487.93$12,135
Jan 200318963230.315.58$9,256
Dec 200218494326.914.85$9,529
Nov 20023751,16624.664.14$14,071
Oct 2002053326.464.23$2,254
Sep 20021891,41627.443.64$10,334
Aug 200218898125.963.16$7,985
Jul 20023791,34124.583.06$13,422
Jun 20021881,66223.733.34$10,009
May 20025182724.663.58$12,871
Apr 2002084423.653.51$2,964
Mar 20021871,27722.003.10$8,076
Feb 20021781,03218.222.38$5,695
Jan 20023871,36417.172.38$9,885
Dec 20011911,52716.932.36$6,844
Nov 20013841,69218.072.41$11,009
Oct 20011891,74619.782.53$8,154
Sep 20015702,22824.262.25$18,844
Aug 20011,3224,42724.873.05$46,394
Jul 20011,1263,65023.933.20$38,615
Jun 2001368924.563.82$9,073
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001342024.545.38$8,393
Feb 20018762,90627.755.77$41,068
Jan 20013711,90327.478.40$26,174
Dec 200037677226.889.12$17,149
Nov 20007383,88232.215.66$45,735
Oct 20005329131.235.15$17,083
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 2000183028.534.09$5,221
Jun 200018682329.304.40$9,069
May 20001591,09527.263.68$8,364
Apr 200036290124.513.12$11,680
Mar 20001727028.422.86$5,088
Feb 20003591,57527.622.73$14,210
Jan 20003701,84225.272.48$13,919
Dec 199935428424.282.42$9,283
Nov 199908123.192.43$197
Oct 19995593,34220.982.80$21,098
Sep 19993461,01221.752.62$10,176
Aug 199918511,42619.262.88$36,420
Jul 19991731,36217.892.37$6,326
Jun 19996783,44215.942.36$18,938
May 199936039215.792.32$6,594
Apr 19993581,54015.102.21$8,806
Mar 19995382,34912.471.84$11,027
Feb 19991763359.981.82$2,365
Jan 19999024,08510.381.90$17,124
Dec 19981916699.201.77$2,944
Nov 19981,1264,04710.892.19$21,108
Oct 19987191,44912.421.97$11,783
Sep 19983813,39712.592.08$11,871
Aug 199856838811.301.91$7,158
Jul 19983532,44411.742.24$9,612
Jun 19989013,79011.242.24$18,606
May 1998018412.622.21$406
Apr 19989114,86213.042.51$24,060
Mar 19987144,69812.802.31$19,989
Feb 19981,2646,58913.952.30$32,782
Jan 19981,2718,35914.702.15$36,696
Dec 19971,6519,07116.322.41$48,815
Nov 19971,6528,15118.193.09$55,222
Oct 19971,7687,34319.253.15$57,163
Sep 19971,9762,78017.742.95$43,269
Aug 19971,7942,74617.862.55$39,056
Jul 19971,2402,07217.582.25$26,455
Jun 19971,4502,30617.242.26$30,203
May 19972,1612,80618.972.31$47,472
Apr 19972,3553,10717.882.08$48,579
Mar 19971,8162,94218.951.94$40,118
Feb 19971,8052,60220.492.21$42,724
Jan 19972,3693,19423.483.54$66,930
Dec 19962,5243,36523.32$58,860
Nov 19961,1442,34321.97$25,134
Oct 19961,6542,72823.31$38,555
Sep 19961,6363,08922.22$36,352
Aug 19961,6252,81820.26$32,923
Jul 19962,0904,86319.55$40,860
Jun 19963,98910,57818.73$74,714
May 19968,04217,31119.43$156,256
Apr 199619,0528,70621.51$409,809
Mar 199623,8268,85219.38$461,748
Feb 199621,2819,33416.98$361,351
Jan 199621,28911,42417.07$363,403
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 1995114016.44$1,874
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940112.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930115.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Sep 2025 — as filed, then multipliedworked
Oil                   55 bbl  × $ 62.74 =     $3,451
Casinghead gas         6 Mcf  × $  3.08 =        $18

────────────────────────────────────────────────────
Month total                                   $3,469

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/11785 is the state's own key, not one this site invented.