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TRIGGER

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 12004District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$8.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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
OilDisposition45,409 bbl$1,342,302
Casinghead gasProduction1,600,265 Mcf$7,292,685
Total$8,634,987

92,518 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 (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 30.2698, -96.7629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

30.26981, -96.76290 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
9,070 ft
2 wells filed one
Completion to plug
36.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 9,039 and 9,100 ft, median 9,070 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1978 – Jan 2001
2 of 2 wells
Plug dates filed
Sep 2014
1 of 2 wells; 1 filed none

Last completion to plug: a median of 36.0 years across the 1 well that filed both dates, with the middle half between 36.0 years and 36.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-287316302RE9,039 ftJan 2001——
42-2873037819,100 ftSep 1978Sep 2014Yes

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 2026082459.138.00$6,590
Dec 202501,13956.664.41$5,027
Nov 202501,11358.593.93$4,370
Oct 202501,15159.383.30$3,804
Sep 202501,14462.743.08$3,520
Aug 202501,09063.933.01$3,286
Jul 202501,18966.743.32$3,942
Jun 202501,29766.483.13$4,058
May 202501,54460.553.23$4,991
Apr 202501,81162.363.54$6,417
Mar 202502,21867.704.27$9,467
Feb 202502,98070.884.34$12,936
Jan 2025010274.324.28$436
Dec 2024099368.993.12$3,100
Nov 202401,77169.052.20$3,893
Oct 202401,71671.372.28$3,915
Sep 202401,66069.612.36$3,925
Aug 202401,78575.632.06$3,684
Jul 202401,47179.932.15$3,158
Jun 202401,72078.082.63$4,530
May 202402,12578.812.20$4,672
Apr 2024037684.451.66$624
Mar 202401,59380.301.55$2,461
Feb 202401,51176.091.78$2,695
Jan 202401,62373.023.30$5,352
Dec 202301,54271.262.61$4,026
Nov 202301,50677.892.81$4,228
Oct 202301,55285.443.09$4,791
Sep 202301,49689.042.74$4,092
Aug 202301,54880.522.67$4,138
Jul 202301,54374.852.64$4,076
Jun 202301,49268.962.26$3,370
May 202301,59570.622.23$3,553
Apr 202301,57178.122.24$3,516
Mar 202301,67172.852.39$3,999
Feb 202301,52675.112.47$3,763
Jan 202301,76476.533.39$5,976
Dec 202201,60976.415.73$9,218
Nov 202201,66585.005.65$9,401
Oct 202201,76787.185.86$10,361
Sep 202201,68284.888.16$13,731
Aug 202201,75494.529.13$16,009
Jul 202201,754101.587.54$13,229
Jun 202201,691115.097.98$13,489
May 202201,767109.378.43$14,901
Apr 2022401,720104.226.84$15,929
Mar 202201,765108.885.08$8,960
Feb 202201,53391.054.86$7,449
Jan 202201,74381.844.54$7,909
Dec 202101,75771.323.90$6,851
Nov 202101,74077.435.24$9,112
Oct 202101,68879.795.71$9,645
Sep 202101,72369.865.35$9,220
Aug 2021351,79666.024.22$9,891
Jul 202101,82470.783.98$7,263
Jun 202101,81269.493.38$6,126
May 202102,03663.483.02$6,144
Apr 202101,68760.362.76$4,653
Mar 202102,10661.302.72$5,722
Feb 202101,28357.805.55$7,118
Jan 202101,88250.412.81$5,289
Dec 202001,87944.642.68$5,027
Nov 202001,85038.772.71$5,007
Oct 202001,84236.972.48$4,565
Sep 202001,92537.091.99$3,833
Aug 202001,90239.982.39$4,536
Jul 202001,90138.371.83$3,470
Jun 202001,81234.901.69$3,063
May 202001,88816.921.81$3,426
Apr 2020431,83814.751.80$3,951
Mar 202001,91030.341.86$3,545
Feb 202001,76649.881.98$3,498
Jan 202001,90557.252.09$3,990
Dec 201901,82659.012.30$4,208
Nov 201901,87655.302.75$5,160
Oct 201901,99353.472.42$4,820
Sep 201901,86055.052.66$4,943
Aug 201901,76653.112.30$4,070
Jul 201901,78756.272.46$4,396
Jun 201901,05652.782.49$2,631
May 20194393858.482.74$5,085
Apr 201901,48462.632.75$4,082
Mar 201901,64356.803.06$5,031
Feb 201901,49550.852.79$4,174
Jan 201901,52046.033.23$4,907
Dec 201801,54346.594.19$6,458
Nov 201801,57152.934.24$6,657
Oct 201801,62861.443.40$5,532
Sep 201801,60059.543.11$4,973
Aug 201801,68959.403.07$5,179
Jul 201801,71265.142.93$5,019
Jun 201801,60660.183.08$4,942
May 201801,65465.382.90$4,798
Apr 201801,69563.842.90$4,917
Mar 201801,84861.222.79$5,150
Feb 2018431,69061.782.77$7,331
Jan 201801,65862.874.01$6,647
Dec 201701,86557.272.92$5,449
Nov 201701,85055.423.12$5,769
Oct 201702,01949.292.98$6,024
Sep 201701,38247.523.09$4,267
Aug 201701,53145.373.00$4,600
Jul 201701,89343.873.09$5,844
Jun 201701,78342.493.09$5,505
May 201701,83245.373.26$5,979
Apr 201701,86847.933.21$5,999
Mar 201701,99346.772.98$5,946
Feb 201701,80350.452.95$5,324
Jan 201701,88349.413.42$6,438
Dec 201601,69048.763.72$6,292
Nov 201601,83742.492.64$4,858
Oct 201601,95046.193.09$6,026
Sep 201601,88841.553.10$5,854
Aug 201601,94741.442.92$5,694
Jul 2016391,98641.622.92$7,431
Jun 201601,99045.352.69$5,345
May 201602,05142.521.99$4,084
Apr 201602,01636.561.99$4,014
Mar 201602,13033.011.79$3,821
Feb 201602,00526.472.06$4,138
Jan 201602,22627.352.36$5,263
Dec 201502,24032.362.00$4,483
Nov 201501,93738.792.17$4,198
Oct 201502,20943.552.43$5,360
Sep 201502,11142.992.76$5,823
Aug 201502,18540.162.87$6,276
Jul 201502,23348.152.95$6,576
Jun 201502,18056.152.88$6,285
May 201502,29955.212.96$6,795
Apr 201502,21349.822.71$5,990
Mar 201502,32342.892.93$6,817
Feb 201502,10944.662.98$6,277
Jan 201502,33043.433.10$7,224
Dec 201402,33554.693.59$8,386
Nov 201402,26970.464.25$9,647
Oct 201403,12578.303.90$12,191
Sep 201402,37186.164.05$9,592
Aug 201402,51089.394.04$10,128
Jul 201402,54096.564.18$10,616
Jun 2014392,50398.164.74$15,685
May 201402,63194.734.73$12,436
Apr 201402,56795.944.81$12,345
Mar 201402,66295.895.06$13,461
Feb 201402,42497.406.19$15,009
Jan 201402,70290.404.86$13,134
Dec 201302,73591.824.35$11,910
Nov 201302,70088.853.74$10,093
Oct 201302,81197.423.78$10,624
Sep 201302,739104.113.72$10,183
Aug 201302,851104.253.52$10,043
Jul 201302,986102.523.72$11,101
Jun 201303,02494.403.93$11,895
May 201303,29894.834.15$13,684
Apr 2013801,78193.964.28$15,144
Mar 201302,52593.623.91$9,880
Feb 201302,63391.233.42$9,005
Jan 201302,90491.603.42$9,931
Dec 201202,94786.773.42$10,079
Nov 201202,90886.953.62$10,541
Oct 201203,05189.383.40$10,372
Sep 201203,00894.672.92$8,779
Aug 201203,12692.662.91$9,091
Jul 201203,17085.133.02$9,576
Jun 2012713,04679.822.52$13,340
May 201203,21991.612.49$8,010
Apr 201203,110101.652.00$6,210
Mar 201203,250105.052.22$7,222
Feb 201203,061101.102.57$7,868
Jan 2012633,25298.092.73$15,071
Dec 201103,26796.873.24$10,584
Nov 2011823,21695.723.31$18,498
Oct 201103,36884.983.65$12,288
Sep 201103,27983.623.99$13,069
Aug 201103,43283.404.15$14,240
Jul 201103,47094.144.52$15,675
Jun 201103,40792.904.64$15,808
May 2011453,55598.134.40$20,075
Apr 201103,200105.964.33$13,867
Mar 20111043,16696.364.06$22,867
Feb 201102,85385.644.18$11,925
Jan 2011743,13086.504.59$20,764
Dec 201003,15485.734.35$13,713
Nov 201003,09480.843.80$11,743
Oct 2010333,66478.103.51$15,434
Sep 201003,78872.633.98$15,074
Aug 20101073,94773.684.42$25,327
Jul 201004,26372.554.74$20,192
Jun 20101253,66370.364.91$26,782
May 201004,53071.124.24$19,186
Apr 20101353,46881.694.12$25,326
Mar 201003,96978.394.39$17,419
Feb 20101293,61873.585.44$29,182
Jan 201003,89974.365.96$23,254
Dec 200904,03571.445.48$22,127
Nov 2009984,00074.593.75$22,316
Oct 200904,17972.544.11$17,177
Sep 200904,09265.543.06$12,541
Aug 200904,25267.423.22$13,685
Jul 20091004,51161.133.46$21,741
Jun 200904,30366.163.90$16,760
May 200904,54654.743.93$17,846
Apr 20091254,42046.773.59$21,703
Mar 200904,58342.144.06$18,602
Feb 200904,21832.814.63$19,542
Jan 2009714,63035.865.37$27,414
Dec 20081324,69337.105.98$32,948
Nov 200804,69455.496.86$32,203
Oct 20081625,61975.246.92$51,083
Sep 200803,724101.767.88$29,334
Aug 200804,788114.228.48$40,617
Jul 200804,946131.0811.39$56,332
Jun 20081164,832131.3313.03$78,208
May 200804,940123.1711.57$57,177
Apr 20081874,872110.3110.45$71,564
Mar 200805,216101.909.66$50,408
Feb 200804,83692.538.77$42,415
Jan 20081905,28990.388.21$60,572
Dec 200705,34688.337.30$39,036
Nov 20071875,28291.677.29$55,657
Oct 200705,55982.856.92$38,479
Sep 200705,62175.846.24$35,098
Aug 20071815,80069.066.39$49,550
Jul 200705,78370.906.39$36,941
Jun 200705,67862.007.55$42,860
May 20071865,89758.747.85$57,195
Apr 200705,71359.617.81$44,591
Mar 20071815,94956.927.30$53,742
Feb 200705,37455.108.22$44,153
Jan 20071876,06950.306.73$50,231
Dec 200606,26856.656.92$43,365
Nov 20061835,91954.207.62$55,006
Oct 200616,33654.906.01$38,158
Sep 200606,20260.085.04$31,241
Aug 20061816,56468.717.34$60,616
Jul 200606,63869.376.34$42,103
Jun 200606,45166.286.38$41,182
May 20061876,75066.016.42$55,713
Apr 200606,42064.397.36$47,254
Mar 20061907,13456.707.08$61,303
Feb 20061846,53457.597.75$61,242
Jan 200607,47660.598.93$66,786
Dec 20051847,37854.9413.42$109,088
Nov 20051847,45554.6910.59$88,999
Oct 200507,81358.3413.80$107,786
Sep 200507,31461.4512.08$88,346
Aug 20051797,52861.519.80$84,761
Jul 200507,85655.697.84$61,620
Jun 20051847,73552.337.38$66,721
May 20051768,12145.226.65$61,973
Apr 200517,87549.207.36$58,013
Mar 20051828,00150.377.15$66,414
Feb 20051877,33945.226.31$54,779
Jan 20051878,22543.166.32$60,071
Dec 200408,39239.866.75$56,655
Nov 20041858,23245.286.33$60,489
Oct 20041869,36549.706.52$70,258
Sep 200417,89443.245.28$41,754
Aug 20041848,74242.375.55$56,320
Jul 20041818,86338.286.08$60,853
Jun 200408,60636.106.43$55,363
May 20041828,99237.486.49$65,221
Apr 20041838,76034.475.86$57,628
Mar 20041899,15134.365.53$57,100
Feb 200408,63332.455.51$47,565
Jan 20041809,43032.036.30$65,171
Dec 20031829,62630.266.30$66,167
Nov 20031819,57328.804.60$49,202
Oct 200318310,09228.174.76$53,189
Sep 2003010,03626.314.75$47,665
Aug 200318710,60929.765.13$59,986
Jul 200318810,87429.415.17$61,757
Jun 200336110,76328.565.98$74,705
May 200319311,19026.595.97$71,966
Apr 200318311,25226.675.41$65,723
Mar 200319912,07531.146.10$79,807
Feb 2003011,16633.487.93$88,500
Jan 200337612,59630.315.58$81,708
Dec 200218812,91326.914.85$67,736
Nov 200218613,03224.664.14$58,500
Oct 200218213,96926.464.23$63,892
Sep 200237314,05427.443.64$61,324
Aug 200218214,98625.963.16$52,143
Jul 200236715,26624.583.06$55,762
Jun 200236915,34423.733.34$59,978
May 200238016,43524.663.58$68,274
Apr 200255116,60123.653.51$71,339
Mar 200218417,75522.003.10$59,137
Feb 200238214,37318.222.38$41,106
Jan 200238315,06517.172.38$42,366
Dec 200137117,63516.932.36$47,977
Nov 200156017,96318.072.41$53,330
Oct 200137719,23619.782.53$56,103
Sep 200138919,41224.262.25$53,140
Aug 200137820,94524.873.05$73,349
Jul 200155822,68923.933.20$85,891
Jun 200194723,62024.563.82$113,585
May 20011,52428,05625.524.31$159,739
Apr 20012,47931,74824.685.34$230,567
Mar 20017,36933,93424.545.38$363,279
Feb 20017,56523,98227.755.77$348,235
Jan 200114176627.478.40$10,307
Dec 20001931,56526.889.12$19,465
Nov 200001,12032.215.66$6,337
Oct 20001831,16531.235.15$11,710
Sep 200001,33931.875.19$6,945
Aug 20001851,62729.644.54$12,871
Jul 200001,19628.534.09$4,891
Jun 20001841,19129.304.40$10,628
May 200001,31527.263.68$4,839
Apr 20001821,26724.513.12$8,409
Mar 200001,31328.422.86$3,755
Feb 20001911,21327.622.73$8,583
Jan 200001,30125.272.48$3,227
Dec 199901,30224.282.42$3,156
Nov 19991711,27823.192.43$7,076
Oct 199901,34020.982.80$3,757
Sep 19991791,32121.752.62$7,353
Aug 19991791,36719.262.88$7,378
Jul 199911,54717.892.37$3,688
Jun 19991741,35915.942.36$5,984
May 199901,23115.792.32$2,857
Apr 19991901,30015.102.21$5,739
Mar 19991781,42612.471.84$4,841
Feb 199901,2449.981.82$2,261
Jan 19991911,29110.381.90$4,435
Dec 19981841,3499.201.77$4,085
Nov 199801,31710.892.19$2,879
Oct 199801,39012.421.97$2,737
Sep 19981911,26312.592.08$5,035
Aug 199801,58311.301.91$3,019
Jul 19981901,52711.742.24$5,647
Jun 199801,54311.242.24$3,452
May 19983741,59112.622.21$8,230
Apr 199801,47813.042.51$3,703
Mar 199801,52012.802.31$3,510
Feb 199801,34813.952.30$3,099
Jan 199801,59214.702.15$3,430
Dec 199701,50016.322.41$3,617
Nov 19971812,56118.193.09$11,201
Oct 199701,54219.253.15$4,857
Sep 199701,48417.742.95$4,385
Aug 19973591,45917.862.55$10,139
Jul 199701,44817.582.25$3,254
Jun 19971801,52417.242.26$6,543
May 199701,65718.972.31$3,825
Apr 199701,57917.882.08$3,289
Mar 19971771,61018.951.94$6,476
Feb 199701,39620.492.21$3,079
Jan 19971851,50323.483.54$9,664
Dec 199601,67823.32—$0
Nov 19961821,36221.97—$3,999
Oct 19961881,54623.31—$4,382
Sep 199601,73722.22—$0
Aug 19962831,69920.26—$5,734
Jul 199601,99219.55—$0
Jun 199601,91518.73—$0
May 199601,98719.43—$0
Apr 19963011,93221.51—$6,475
Mar 19963371,39019.38—$6,531
Feb 199601,47316.98—$0
Jan 199601,89117.07—$0
Dec 199501,89617.19—$0
Nov 199501,84216.00—$0
Oct 19955341,81315.43—$8,240
Sep 199501,91916.18—$0
Aug 19952541,74015.92—$4,044
Jul 199501,96215.24—$0
Jun 19952601,80916.41—$4,267
May 199501,94317.56—$0
Apr 199501,92917.73—$0
Mar 19952861,72116.44—$4,702
Feb 199501,73316.58—$0
Jan 19953061,67615.92—$4,872
Dec 199401,77615.03—$0
Nov 199401,79515.90—$0
Oct 199401,87015.58—$0
Sep 19943901,80915.29—$5,963
Aug 199401,85516.13—$0
Jul 199401,94717.56—$0
Jun 19943531,84417.09—$6,033
May 199402,02515.88—$0
Apr 19941181,91614.14—$1,669
Mar 19942281,96612.46—$2,841
Feb 199401,80412.50—$0
Jan 199402,07212.66—$0
Dec 19933542,15712.33—$4,365
Nov 199302,10414.49—$0
Oct 199302,28615.85—$0
Sep 199302,22315.03—$0
Aug 199302,35615.66—$0
Jul 19933622,40015.46—$5,597
Jun 199302,38616.79—$0
May 199302,21717.68—$0
Apr 199302,23718.05—$0
Mar 199302,41218.14—$0
Feb 199302,09417.90—$0
Jan 19933592,38216.93—$6,078

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.

Jan 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 59.13 =         $0
Casinghead gas       824 Mcf  × $  8.00 =     $6,590

────────────────────────────────────────────────────
Month total                                   $6,590

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/12004 is the state's own key, not one this site invented.