FALLON

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 11875District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$164 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
NGPA1none

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
OilDisposition47,209 bbl$2,518,249
Casinghead gasProduction69,589 Mcf$152,100
Total$2,670,349

22,637 Mcf of this lease's gas, across 48 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 30.2666, -96.8650. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.26660, -96.86496 · 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
8,423 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 8,423 ft.

Completions filed
May 1978
1 of 1 wells

1 well

42-2873031218,423 ftMay 1978

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 2026169117106.413.05$18,340
Apr 202617013198.932.87$17,194
Mar 202633510789.753.15$30,403
Feb 2026212863.503.75$607
Jan 202618312059.138.00$11,781
Dec 202517212756.664.41$10,306
Nov 202517712758.593.93$10,869
Oct 202535914059.383.30$21,780
Sep 202508162.743.08$249
Aug 202545112463.933.01$29,206
Jul 202518214266.743.32$12,617
Jun 2025314266.483.13$644
May 202537413960.553.23$23,095
Apr 2025114662.363.54$580
Mar 202534413767.704.27$23,874
Feb 2025014170.884.34$612
Jan 20251311574.324.28$9,800
Dec 20241826568.993.12$12,759
Nov 2024213569.052.20$435
Oct 202434818571.372.28$25,259
Sep 202418917669.612.36$13,572
Aug 2024026175.632.06$539
Jul 20241415979.932.15$11,397
Jun 202414318278.082.63$11,645
May 202417931978.812.20$14,808
Apr 20241675384.451.66$14,191
Mar 202417112780.301.55$13,928
Feb 202419414976.091.78$15,027
Jan 202416616973.023.30$12,679
Dec 202318812971.262.61$13,734
Nov 202318615977.892.81$14,934
Oct 202336220285.443.09$31,553
Sep 202333222689.042.74$30,179
Aug 202317825280.522.67$15,006
Jul 202355123574.852.64$41,863
Jun 20231792668.962.26$12,403
May 202304770.622.23$105
Apr 20233645178.122.24$28,550
Mar 20231808372.852.39$13,312
Feb 202318623075.112.47$14,538
Jan 202320218176.533.39$16,072
Dec 202220210976.415.73$16,059
Nov 2022011585.005.65$649
Oct 202217920987.185.86$16,831
Sep 202220024584.888.16$18,976
Aug 202218423594.529.13$19,537
Jul 2022176245101.587.54$19,726
Jun 20220261115.097.98$2,082
May 2022183282109.378.43$22,393
Apr 2022180191104.226.84$20,066
Mar 2022361203108.885.08$40,336
Feb 2022037091.054.86$1,798
Jan 202218037181.844.54$16,415
Dec 202118148671.323.90$14,804
Nov 202118943277.435.24$16,897
Oct 202118240679.795.71$16,842
Sep 202117831269.865.35$14,105
Aug 202118736066.024.22$13,865
Jul 202117838870.783.98$14,144
Jun 202118842769.493.38$14,508
May 2021077763.483.02$2,345
Apr 202118318160.362.76$11,545
Mar 20213731,24161.302.72$26,237
Feb 202101,17957.805.55$6,541
Jan 20211911,59350.412.81$14,105
Dec 20201941,14944.642.68$11,734
Nov 202019252438.772.71$8,862
Oct 202056826536.972.48$21,656
Sep 2020027137.091.99$540
Aug 202018323939.982.39$7,886
Jul 2020018638.371.83$339
Jun 202036935634.901.69$13,480
May 2020060516.921.81$1,098
Apr 2020069914.751.80$1,261
Mar 202017641930.341.86$6,118
Feb 202017329849.881.98$9,219
Jan 202016634757.252.09$10,230
Dec 2019021559.012.30$495
Nov 201916256055.302.75$10,499
Oct 201916633253.472.42$9,679
Sep 201916231855.052.66$9,763
Aug 2019027153.112.30$624
Jul 201916346156.272.46$10,306
Jun 201916747852.782.49$10,005
May 2019041558.482.74$1,137
Apr 201917044762.632.75$11,877
Mar 201917236156.803.06$10,875
Feb 2019146650.852.79$1,352
Jan 201935669446.033.23$18,627
Dec 2018154346.594.19$2,319
Nov 201817264552.934.24$11,837
Oct 2018487861.443.40$3,229
Sep 201817355359.543.11$12,019
Aug 201816977059.403.07$12,400
Jul 201833283065.142.93$24,060
Jun 201816756560.183.08$11,789
May 201883093265.382.90$56,969
Apr 20181,5321,13963.842.90$101,107
Mar 20181,5241,59661.222.79$97,747
Feb 20181,00672361.782.77$64,151
Jan 20181,99851462.874.01$127,675
Dec 20172,86369557.272.92$165,994
Nov 20171,82860355.423.12$103,188
Oct 20171,49821249.292.98$74,469
Sep 20171,37010547.523.09$65,427
Aug 20171,53925045.373.00$70,576
Jul 20171,94939943.873.09$86,734
Jun 20173285542.493.09$14,107
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150232.362.00$4
Nov 20151238.792.17$43
Oct 20151143.552.43$46
Sep 20151342.992.76$51
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014343378.303.90$26,869
Sep 201411286.164.05$135
Aug 20140589.394.04$20
Jul 201402496.564.18$100
Jun 201401098.164.74$47
May 201402394.734.73$109
Apr 201413995.944.81$284
Mar 201414795.895.06$334
Feb 201433617997.406.19$33,835
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201124783.404.15$362
Jul 201117814394.144.52$17,403
Jun 201111292.904.64$149
May 2011619598.134.40$1,448
Apr 20111,025566105.964.33$111,062
Mar 201135765796.364.06$37,066
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20091046.773.59$47
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
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 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 199901924.282.42$46
Nov 199903423.192.43$83
Oct 199905120.982.80$143
Sep 199907021.752.62$183
Aug 199905419.262.88$155
Jul 199918410717.892.37$3,546
Jun 1999014315.942.36$338
May 1999012915.792.32$299
Apr 1999012315.102.21$272
Mar 199918713612.471.84$2,582
Feb 199911229.981.82$232
Jan 1999014310.381.90$272
Dec 199821649.201.77$309
Nov 1998116710.892.19$376
Oct 199818814712.421.97$2,624
Sep 19981117012.592.08$493
Aug 19981516911.301.91$492
Jul 1998615711.742.24$422
Jun 1998518611.242.24$472
May 199818417112.622.21$2,699
Apr 1998718813.042.51$562
Mar 19982022412.802.31$773
Feb 19981023313.952.30$675
Jan 199817331314.702.15$3,218
Dec 1997826416.322.41$767
Nov 1997712818.193.09$523
Oct 199718633819.253.15$4,645
Sep 1997819217.742.95$709
Aug 1997923317.862.55$756
Jul 199736751017.582.25$7,598
Jun 19971315117.242.26$565
May 19971014418.972.31$522
Apr 19971312117.882.08$484
Mar 19971124118.951.94$676
Feb 19971531520.492.21$1,002
Jan 199718915923.483.54$5,001
Dec 19961323323.32$303
Nov 1996735521.97$154
Oct 199618822023.31$4,382
Sep 1996958722.22$200
Aug 19961261620.26$243
Jul 19962049619.55$391
Jun 199620121818.73$3,765
May 19962614119.43$505
Apr 19961225021.51$258
Mar 1996837319.38$155
Feb 199610627916.98$1,800
Jan 19961628717.07$273
Dec 199519255917.19$3,300
Nov 19952262016.00$352
Oct 1995865115.43$123
Sep 199534780916.18$5,614
Aug 199571980215.92$11,446
Jul 1995721015.24$107
Jun 1995941616.41$148
May 199531593317.56$5,531
Apr 199536379017.73$6,436
Mar 199536766616.44$6,033
Feb 199535944316.58$5,952
Jan 199536846915.92$5,859
Dec 199453866515.03$8,086
Nov 199440866915.90$6,487
Oct 199453446115.58$8,320
Sep 19941543915.29$229
Aug 1994843616.13$129
Jul 19944921017.56$860
Jun 19941320117.09$222
May 1994625215.88$95
Apr 199445535514.14$6,434
Mar 1994511912.46$62
Feb 1994610912.50$75
Jan 199452712.66$63
Dec 199318432312.33$2,269
Nov 1993334114.49$43
Oct 199318160315.85$2,869
Sep 199318460215.03$2,766
Aug 199317665415.66$2,756
Jul 199335663415.46$5,504
Jun 199317457816.79$2,921
May 199335770917.68$6,312
Apr 199365194718.05$11,751
Mar 199323984818.14$4,335
Feb 1993671117.90$107
Jan 199333632116.93$5,688

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                  169 bbl  × $106.41 =    $17,983
Casinghead gas       117 Mcf  × $  3.05 =       $356

────────────────────────────────────────────────────
Month total                                  $18,340

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/11875 is the state's own key, not one this site invented.