SANDY UNIT

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 11992District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$10.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$74 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
OilDisposition232,985 bbl$9,052,825
Casinghead gasProduction531,720 Mcf$1,693,148
Total$10,745,974

132,989 Mcf of this lease's gas, across 46 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 30.3386, -96.8116. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.33860, -96.81161 · 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
10,720 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 10,720 ft.

Completions filed
Feb 1995
1 of 1 wells

1 well

42-28730371110,720 ftFeb 1995

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 2026184223106.413.05$20,259
Apr 202617528998.932.87$18,142
Mar 202603889.753.15$120
Feb 20260963.503.75$34
Jan 2026183559.138.00$10,861
Dec 202501356.664.41$57
Nov 202501458.593.93$55
Oct 202502059.383.30$66
Sep 202502362.743.08$71
Aug 20250763.933.01$21
Jul 2025183066.743.32$12,213
Jun 2025188366.483.13$12,508
May 20250060.553.23$0
Apr 2025179062.363.54$11,162
Mar 202501167.704.27$47
Feb 202501870.884.34$78
Jan 202502374.324.28$98
Dec 20240068.993.12$0
Nov 20241831769.052.20$12,674
Oct 202411071.372.28$94
Sep 202411569.612.36$105
Aug 20241821875.632.06$13,802
Jul 202402479.932.15$52
Jun 20241892578.082.63$14,823
May 20241834578.812.20$14,521
Apr 202418430884.451.66$16,050
Mar 2024161080.301.55$1,023
Feb 20241743,03376.091.78$18,649
Jan 202403,31873.023.30$10,942
Dec 20231683,38671.262.61$20,812
Nov 202303,17177.892.81$8,903
Oct 20231743,23885.443.09$24,863
Sep 20231941,42389.042.74$21,166
Aug 202318720980.522.67$15,616
Jul 202319410074.852.64$14,785
Jun 202317928668.962.26$12,990
May 202318434670.622.23$13,765
Apr 202318034278.122.24$14,827
Mar 202319065472.852.39$15,407
Feb 202318873875.112.47$15,940
Jan 202337993276.533.39$32,162
Dec 202237491276.415.73$33,802
Nov 202219262385.005.65$19,838
Oct 202237788687.185.86$38,062
Sep 202218599184.888.16$23,793
Aug 202236586694.529.13$42,404
Jul 2022188396101.587.54$22,084
Jun 20221891,119115.097.98$30,679
May 2022378316109.378.43$44,007
Apr 20221811,313104.226.84$27,842
Mar 2022363869108.885.08$43,935
Feb 202219263291.054.86$20,552
Jan 20223431,30181.844.54$33,975
Dec 20211821,35771.323.90$18,271
Nov 20213651,26077.435.24$34,860
Oct 202117440879.795.71$16,215
Sep 20213511,32469.865.35$31,605
Aug 20211772,06666.024.22$20,405
Jul 202133530770.783.98$24,934
Jun 202117111869.493.38$12,282
May 2021015063.483.02$453
Apr 202117280260.362.76$12,594
Mar 20215371,68561.302.72$37,496
Feb 202116988257.805.55$14,661
Jan 202135180550.412.81$19,956
Dec 20201811,51244.642.68$12,125
Nov 202018136538.772.71$8,005
Oct 202036550336.972.48$14,741
Sep 20201721,45437.091.99$9,274
Aug 20203651,39039.982.39$17,908
Jul 20203621,34138.371.83$16,337
Jun 20203391,28634.901.69$14,005
May 20201811,81516.921.81$6,356
Apr 20203741,53214.751.80$8,281
Mar 202035974130.341.86$12,268
Feb 20203603249.881.98$18,020
Jan 202017228657.252.09$10,446
Dec 201935780359.012.30$22,917
Nov 201939170255.302.75$23,553
Oct 20193521,35453.472.42$22,096
Sep 201901955.052.66$50
Aug 201934994553.112.30$20,713
Jul 20193631,12156.272.46$23,184
Jun 20193611,05252.782.49$21,674
May 201936414258.482.74$21,676
Apr 201918581862.632.75$13,837
Mar 201954186956.803.06$33,390
Feb 201918662950.852.79$11,214
Jan 20193661,24446.033.23$20,863
Dec 201833989846.594.19$19,553
Nov 20183561,52752.934.24$25,313
Oct 20183631,17461.443.40$26,292
Sep 20181801,04959.543.11$13,977
Aug 20183571,28659.403.07$25,149
Jul 20183591,19165.142.93$26,877
Jun 201837144060.183.08$23,681
May 201836896365.382.90$26,853
Apr 201834862763.842.90$24,035
Mar 201853761561.222.79$34,589
Feb 201853420761.782.77$33,563
Jan 20181811,69762.874.01$18,183
Dec 20175391,50657.272.92$35,268
Nov 201735794455.423.12$22,729
Oct 201754649149.292.98$28,377
Sep 201737712447.523.09$18,298
Aug 201735260945.373.00$17,800
Jul 201718064243.873.09$9,879
Jun 201736362142.493.09$17,341
May 201719275645.373.26$11,178
Apr 201717970247.933.21$10,834
Mar 201718757846.772.98$10,471
Feb 201717986450.452.95$11,582
Jan 201773179849.413.42$38,847
Dec 201636953348.763.72$19,977
Nov 2016037142.492.64$981
Oct 201636357946.193.09$18,556
Sep 201617653041.553.10$8,956
Aug 2016053541.442.92$1,565
Jul 201618052541.622.92$9,027
Jun 201618245545.352.69$9,476
May 201618152042.521.99$8,731
Apr 201618236036.561.99$7,371
Mar 201619455533.011.79$7,400
Feb 201618340726.472.06$5,684
Jan 201617845127.352.36$5,935
Dec 201518440232.362.00$6,759
Nov 201517840538.792.17$7,782
Oct 201517749443.552.43$8,907
Sep 201518244742.992.76$9,057
Aug 201518839940.162.87$8,696
Jul 201536535248.152.95$18,611
Jun 201518931656.152.88$11,523
May 201518721955.212.96$10,972
Apr 201518512649.822.71$9,558
Mar 201518013542.892.93$8,116
Feb 20151871444.662.98$8,393
Jan 201537027343.433.10$16,916
Dec 201436750054.693.59$21,867
Nov 201437751570.464.25$28,753
Oct 201437156078.303.90$31,234
Sep 201418056386.164.05$17,786
Aug 201436073089.394.04$35,126
Jul 201437979996.564.18$39,936
Jun 201436376898.164.74$39,270
May 201436975294.734.73$38,510
Apr 201419864095.944.81$22,074
Mar 201438156895.895.06$39,406
Feb 201437759097.406.19$40,373
Jan 201439066090.404.86$38,464
Dec 201356672291.824.35$55,114
Nov 201335370388.853.74$33,992
Oct 201336990497.423.78$39,365
Sep 2013372813104.113.72$41,751
Aug 2013369883104.253.52$41,579
Jul 2013366853102.523.72$40,694
Jun 201318396594.403.93$21,071
May 201336665694.834.15$37,430
Apr 201335961093.964.28$36,344
Mar 201318466593.623.91$19,828
Feb 201336976691.233.42$36,284
Jan 201337069291.603.42$36,259
Dec 201216862986.773.42$16,729
Nov 201237183486.953.62$35,282
Oct 201236582389.383.40$35,422
Sep 201235999594.672.92$36,890
Aug 201235590392.662.91$35,520
Jul 20123531,03585.133.02$33,177
Jun 201236497079.822.52$31,498
May 20123621,00391.612.49$35,659
Apr 20125211,331101.652.00$55,617
Mar 2012180909105.052.22$20,929
Feb 2012366918101.102.57$39,362
Jan 20123601,04898.092.73$38,178
Dec 20111751,08896.873.24$20,477
Nov 201137293695.723.31$38,707
Oct 20113571,05484.983.65$34,183
Sep 20111641,03783.623.99$17,847
Aug 20113631,02783.404.15$34,536
Jul 20111771,14794.144.52$21,844
Jun 20113591,14092.904.64$38,641
May 201135886298.134.40$38,927
Apr 20113671,087105.964.33$43,598
Mar 20113601,29896.364.06$39,956
Feb 20115531,22985.644.18$52,496
Jan 20113691,20186.504.59$37,430
Dec 201001585.734.35$65
Nov 201036698580.843.80$33,326
Oct 20103671,09578.103.51$32,505
Sep 20103671,28672.633.98$31,773
Aug 20103661,42773.684.42$33,273
Jul 20103581,67772.554.74$33,916
Jun 20103521,55170.364.91$32,383
May 20105402,13571.124.24$47,447
Apr 20103601,20981.694.12$34,393
Mar 20103761,67978.394.39$36,843
Feb 20105571,28173.585.44$47,956
Jan 20105681,44374.365.96$50,843
Dec 20095571,48271.445.48$47,919
Nov 20095571,40274.593.75$46,806
Oct 20095571,74272.544.11$47,565
Sep 20097341,65665.543.06$53,182
Aug 20095502,01167.423.22$43,553
Jul 20097351,91161.133.46$51,551
Jun 20097492,40066.163.90$58,902
May 20095722,40854.743.93$40,764
Apr 20097641,95546.773.59$42,746
Mar 200957786842.144.06$27,838
Feb 20097061,49432.814.63$30,086
Jan 20097181,23335.865.37$32,370
Dec 20087131,81237.105.98$37,283
Nov 20085351,35255.496.86$38,962
Oct 20084951,40775.246.92$46,983
Sep 20085451,140101.767.88$64,439
Aug 20087321,472114.228.48$96,096
Jul 20081,0261,582131.0811.39$152,506
Jun 20088771,749131.3313.03$137,970
May 20088861,704123.1711.57$128,851
Apr 20089191,779110.3110.45$119,974
Mar 20088901,513101.909.66$105,313
Feb 20088912,37092.538.77$103,231
Jan 20081,0871,72590.388.21$112,398
Dec 20078931,49688.337.30$89,802
Nov 20073791,10391.677.29$42,786
Oct 20075601,27082.856.92$55,187
Sep 20075381,34275.846.24$49,182
Aug 20073661,39569.066.39$34,187
Jul 20075381,59570.906.39$48,333
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 200702159.617.81$164
Mar 20070156.927.30$7
Feb 2007120355.108.22$1,723
Jan 200707350.306.73$491
Dec 2006153556.656.92$8,702
Nov 20060154.207.62$8
Oct 2006046754.906.01$2,808
Sep 200617315960.085.04$11,195
Aug 20063731,12768.717.34$33,901
Jul 20065601,24269.376.34$46,725
Jun 20063571,15366.286.38$31,023
May 20065561,16666.016.42$44,193
Apr 20065611,27964.397.36$45,537
Mar 20065431,28556.707.08$39,890
Feb 20065631,16457.597.75$41,445
Jan 20063671,07560.598.93$31,840
Dec 20055611,34254.9413.42$48,825
Nov 20055631,41854.6910.59$45,805
Oct 20055541,48258.3413.80$52,766
Sep 20053721,42061.4512.08$40,012
Aug 20057091,65861.519.80$59,854
Jul 20055641,70755.697.84$44,798
Jun 20055631,60752.337.38$41,323
May 20053691,19245.226.65$24,614
Apr 20057181,28749.207.36$44,799
Mar 20055641,86550.377.15$41,753
Feb 20057441,53345.226.31$43,320
Jan 20055531,75243.166.32$34,944
Dec 20047401,31439.866.75$38,367
Nov 20047291,12245.286.33$40,112
Oct 20047301,49449.706.52$46,015
Sep 20046891,39543.245.28$37,163
Aug 20045431,42642.375.55$30,922
Jul 20048741,47838.286.08$42,449
Jun 20048921,38036.106.43$41,079
May 20049001,47037.486.49$43,279
Apr 20049041,36534.475.86$39,158
Mar 20048941,64934.365.53$39,837
Feb 20049121,63132.455.51$38,581
Jan 20041,2771,43532.036.30$49,942
Dec 20039901,49930.266.30$39,404
Nov 200335597428.804.60$14,700
Oct 200369989128.174.76$23,932
Sep 20038741,44526.314.75$29,858
Aug 20031,0041,57929.765.13$37,979
Jul 20031,2191,60729.415.17$44,160
Jun 20038591,25628.565.98$32,048
May 20033491,20626.595.97$16,483
Apr 20036811,26626.675.41$25,008
Mar 20038761,44531.146.10$36,087
Feb 20031,0481,23333.487.93$44,860
Jan 20038781,97230.315.58$37,620
Dec 20021,2061,29026.914.85$38,715
Nov 200268492124.664.14$20,678
Oct 20021,3911,53226.464.23$43,285
Sep 20021,3851,18627.443.64$42,316
Aug 20021,3352,17825.963.16$41,548
Jul 20021,5462,08624.583.06$44,388
Jun 20021,5561,52123.733.34$42,001
May 20021,2191,36624.663.58$34,956
Apr 20028771,37823.653.51$25,581
Mar 20021,0471,27922.003.10$27,002
Feb 20021,0531,37618.222.38$22,455
Jan 2002138717.172.38$937
Dec 20010116.932.36$2
Nov 2001162418.072.41$2,937
Oct 20010919.782.53$23
Sep 200117319724.262.25$4,640
Aug 2001171124.873.05$4,256
Jul 200117015123.933.20$4,551
Jun 200116723624.563.82$5,004
May 20013431,43925.524.31$14,952
Apr 20011671,12924.685.34$10,145
Mar 20013581,53024.545.38$17,011
Feb 20013631,37327.755.77$17,991
Jan 20013871,64227.478.40$24,422
Dec 20001891,17226.889.12$15,772
Nov 200017874232.215.66$9,932
Oct 200017439831.235.15$7,482
Sep 200017768831.875.19$9,209
Aug 20003661,67329.644.54$18,445
Jul 20005441,61428.534.09$22,121
Jun 20008982,05529.304.40$35,348
May 20007292,22327.263.68$28,053
Apr 20007122,14224.513.12$24,126
Mar 20007182,65528.422.86$27,998
Feb 20007172,11827.622.73$25,578
Jan 20007072,37325.272.48$23,752
Dec 19995623,15324.282.42$21,287
Nov 19995492,69323.192.43$19,286
Oct 19991,0612,71820.982.80$29,880
Sep 19991,2701,69121.752.62$32,051
Aug 19999071,75419.262.88$22,513
Jul 19999121,77317.892.37$20,522
Jun 19991,2931,49515.942.36$24,142
May 19999221,70815.792.32$18,523
Apr 19991,2791,71915.102.21$23,109
Mar 19991,2781,66212.471.84$18,992
Feb 19991,0961,4359.981.82$13,547
Jan 19991,1021,66410.381.90$14,600
Dec 19981,2871,6769.201.77$14,812
Nov 19981,2782,23510.892.19$18,803
Oct 19981,1131,76512.421.97$17,299
Sep 19981,2811,73912.592.08$19,749
Aug 19981,2712,05511.301.91$18,282
Jul 19981,1052,00011.742.24$17,447
Jun 19981,2781,96011.242.24$18,750
May 19981,2872,09112.622.21$20,855
Apr 19981,2982,12113.042.51$22,240
Mar 19981,3262,79712.802.31$23,432
Feb 19981,1202,77713.952.30$22,009
Jan 19981,3253,33114.702.15$26,655
Dec 19971,6423,65916.322.41$35,620
Nov 19971,1053,63618.193.09$31,329
Oct 19971,4613,70619.253.15$39,797
Sep 19971,4312,89917.742.95$33,952
Aug 19971,2772,68117.862.55$29,656
Jul 19971,0142,12317.582.25$22,596
Jun 19971,6192,72317.242.26$34,058
May 19971,4442,87918.972.31$34,039
Apr 19971,2872,94717.882.08$29,150
Mar 19971,6564,16618.951.94$39,460
Feb 19971,4494,49220.492.21$39,599
Jan 19971,6344,99623.483.54$56,051
Dec 19961,4503,60623.32$33,814
Nov 19961,7494,74621.97$38,426
Oct 19961,6283,80023.31$37,949
Sep 19961,6153,62722.22$35,885
Aug 19961,8943,46120.26$38,372
Jul 19961,9393,36519.55$37,907
Jun 19961,6032,74618.73$30,024
May 19961,7223,21419.43$33,458
Apr 19961,9573,65421.51$42,095
Mar 19961,7652,47319.38$34,206
Feb 19961,4002,40016.98$23,772
Jan 19962,6583,62117.07$45,372
Dec 19952,5104,09417.19$43,147
Nov 19952,8644,44916.00$45,824
Oct 19952,4943,53515.43$38,482
Sep 19952,4773,32716.18$40,078
Aug 19952,2545,84715.92$35,884
Jul 19952,8186,73615.24$42,946
Jun 19953,3348,11516.41$54,711
May 19953,3558,82717.56$58,914
Apr 19955,48513,34517.73$97,249
Mar 19958,82910,89116.44$145,149
Feb 19952,5311,15216.58$41,964
Jan 19950015.92$0
Dec 19940015.03$0
Nov 199415844415.90$2,512
Oct 1994681515.58$93
Sep 199419078315.29$2,905
Aug 1994572816.13$81
Jul 199418489517.56$3,231
Jun 199418073217.09$3,076
May 1994699015.88$95
Apr 19941941,03514.14$2,743
Mar 199419079712.46$2,367
Feb 1994679312.50$75
Jan 19941881,10612.66$2,380
Dec 199318291212.33$2,244
Nov 1993393714.49$43
Oct 199318197615.85$2,869
Sep 199318398915.03$2,750
Aug 199331,03415.66$47
Jul 19931741,06015.46$2,690
Jun 199321,06216.79$34
May 19931781,13317.68$3,147
Apr 19931701,09018.05$3,069
Mar 1993691,22818.14$1,252
Feb 19931381,17417.90$2,470
Jan 19931801,24516.93$3,047

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                  184 bbl  × $106.41 =    $19,579
Casinghead gas       223 Mcf  × $  3.05 =       $679

────────────────────────────────────────────────────
Month total                                  $20,259

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/11992 is the state's own key, not one this site invented.