STEIN, J

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 12039District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$8.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$249 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
OilDisposition216,270 bbl$7,426,989
Casinghead gasProduction191,861 Mcf$535,952
Total$7,962,941

63,797 Mcf of this lease's gas, across 45 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 30.3479, -96.8150. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.34794, -96.81503 · 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
10,410 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 10,410 ft.

Completions filed
Oct 1994
1 of 1 wells

1 well

42-28730398110,410 ftOct 1994

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 20261,080119106.413.05$115,285
Apr 20261754998.932.87$17,453
Mar 20260389.753.15$9
Feb 20261841963.503.75$11,755
Jan 202618015359.138.00$11,867
Dec 202535815456.664.41$20,964
Nov 20251817758.593.93$10,907
Oct 20251919859.383.30$11,665
Sep 202517312062.743.08$11,223
Aug 202518115363.933.01$12,033
Jul 202536017366.743.32$24,600
Jun 2025025266.483.13$788
May 20251816560.553.23$11,170
Apr 202536423462.363.54$23,528
Mar 202519125167.704.27$14,002
Feb 202535925870.884.34$26,566
Jan 20250474.324.28$17
Dec 202419613568.993.12$13,943
Nov 202418115269.052.20$12,832
Oct 202418619671.372.28$13,722
Sep 202418816569.612.36$13,477
Aug 202438122875.632.06$29,286
Jul 2024019579.932.15$419
Jun 202419022978.082.63$15,438
May 202435820878.812.20$28,671
Apr 20241842284.451.66$15,575
Mar 2024120180.301.55$391
Feb 202437916976.091.78$29,140
Jan 20241558873.023.30$11,608
Dec 202318125071.262.61$13,551
Nov 20231669277.892.81$13,188
Oct 202319324585.443.09$17,246
Sep 202319322289.042.74$17,792
Aug 202336213280.522.67$29,501
Jul 202318524574.852.64$14,494
Jun 202319128068.962.26$13,804
May 202317923370.622.23$13,160
Apr 202317914978.122.24$14,317
Mar 202317628972.852.39$13,513
Feb 202318311975.112.47$14,039
Jan 202337121876.533.39$29,131
Dec 202217815076.415.73$14,460
Nov 202219024185.005.65$17,511
Oct 202218719887.185.86$17,464
Sep 202236231484.888.16$33,290
Aug 202217715194.529.13$18,108
Jul 2022185242101.587.54$20,617
Jun 2022185313115.097.98$23,789
May 2022171206109.378.43$20,439
Apr 2022378239104.226.84$41,029
Mar 2022178121108.885.08$19,995
Feb 202218021191.054.86$17,414
Jan 202217719181.844.54$15,352
Dec 202136316371.323.90$26,525
Nov 202117614177.435.24$14,366
Oct 202118629179.795.71$16,504
Sep 202118212969.865.35$13,405
Aug 202134912666.024.22$23,573
Jul 202118621670.783.98$14,025
Jun 202117429169.493.38$13,075
May 202134321263.483.02$22,413
Apr 202118013160.362.76$11,226
Mar 202119025261.302.72$12,332
Feb 202118118257.805.55$11,472
Jan 202135922550.412.81$18,730
Dec 202017918844.642.68$8,494
Nov 202018516138.772.71$7,608
Oct 202017819036.972.48$7,052
Sep 202018018437.091.99$7,043
Aug 202035720239.982.39$14,755
Jul 202018320038.371.83$7,387
Jun 202018722534.901.69$6,907
May 202017322316.921.81$3,332
Apr 202035622014.751.80$5,648
Mar 202017720730.341.86$5,754
Feb 202018518849.881.98$9,600
Jan 202036126657.252.09$21,224
Dec 201918016559.012.30$11,002
Nov 201918118455.302.75$10,515
Oct 201917719453.472.42$9,933
Sep 201935129955.052.66$20,117
Aug 201906053.112.30$138
Jul 20193737556.272.46$21,173
Jun 20191838152.782.49$9,861
May 20191763558.482.74$10,388
Apr 20191866562.632.75$11,828
Mar 20193657056.803.06$20,946
Feb 201917612950.852.79$9,310
Jan 201918119446.033.23$8,958
Dec 201818121746.594.19$9,341
Nov 201818916752.934.24$10,711
Oct 201819124661.443.40$12,571
Sep 201835115859.543.11$21,390
Aug 201818229459.403.07$11,712
Jul 201836018765.142.93$23,999
Jun 201834723460.183.08$21,602
May 20180065.382.90$0
Apr 201818347663.842.90$13,064
Mar 201836786261.222.79$24,870
Feb 20185391461.782.77$33,338
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 201718438655.423.12$11,401
Oct 20171901149.292.98$9,398
Sep 2017187647.523.09$8,905
Aug 2017178845.373.00$8,100
Jul 20173721643.873.09$16,369
Jun 20171791342.493.09$7,646
May 2017188345.373.26$8,539
Apr 201718314347.933.21$9,230
Mar 201718427046.772.98$9,411
Feb 2017186050.452.95$9,384
Jan 2017176049.413.42$8,696
Dec 20161961948.763.72$9,628
Nov 201636118942.492.64$15,839
Oct 201617918146.193.09$8,827
Sep 20161806841.553.10$7,690
Aug 201636928641.442.92$16,128
Jul 201617820741.622.92$8,014
Jun 201635620745.352.69$16,701
May 201618615942.521.99$8,225
Apr 201617723136.561.99$6,931
Mar 201638016933.011.79$12,847
Feb 201618021626.472.06$5,210
Jan 201619120427.352.36$5,706
Dec 201537122632.362.00$12,458
Nov 201519013438.792.17$7,661
Oct 201538120643.552.43$17,092
Sep 201518222642.992.76$8,448
Aug 20151923740.162.87$7,817
Jul 201536725848.152.95$18,431
Jun 201518026456.152.88$10,868
May 201536321155.212.96$20,665
Apr 201518120749.822.71$9,578
Mar 201537420442.892.93$16,640
Feb 201518418544.662.98$8,768
Jan 201519020443.433.10$8,884
Dec 201438616854.693.59$21,714
Nov 201437616670.464.25$27,199
Oct 201419023378.303.90$15,786
Sep 201418919386.164.05$17,065
Aug 201437322589.394.04$34,250
Jul 201436429096.564.18$36,360
Jun 201419223698.164.74$19,965
May 201437320294.734.73$36,289
Apr 201418324895.944.81$18,750
Mar 201418421595.895.06$18,731
Feb 201436913497.406.19$36,770
Jan 201435324490.404.86$33,097
Dec 201319923791.824.35$19,304
Nov 201334818188.853.74$31,596
Oct 201318323497.423.78$18,712
Sep 2013364261104.113.72$38,866
Aug 2013182236104.253.52$19,805
Jul 2013362217102.523.72$37,919
Jun 201318321794.403.93$18,129
May 201336420694.834.15$35,373
Apr 20131829193.964.28$17,490
Mar 201336215693.623.91$34,501
Feb 201318517491.233.42$17,473
Jan 201336719491.603.42$34,281
Dec 201218114286.773.42$16,191
Nov 201236420786.953.62$32,400
Oct 201218125389.383.40$17,038
Sep 201235415394.672.92$33,960
Aug 201218724692.662.91$18,043
Jul 201236125385.133.02$31,496
Jun 201234625279.822.52$28,253
May 201218125291.612.49$17,208
Apr 2012356239101.652.00$36,665
Mar 2012181274105.052.22$19,623
Feb 2012359218101.102.57$36,855
Jan 201218225098.092.73$18,536
Dec 201136921796.873.24$36,448
Nov 201136519895.723.31$35,593
Oct 201118325184.983.65$16,467
Sep 201118119983.623.99$15,928
Aug 201136230783.404.15$31,465
Jul 201118824594.144.52$18,805
Jun 201136623492.904.64$35,087
May 201118424998.134.40$19,153
Apr 2011365251105.964.33$39,763
Mar 201118522696.364.06$18,744
Feb 201136221585.644.18$31,900
Jan 201118224486.504.59$16,863
Dec 201037021985.734.35$32,672
Nov 201018224280.843.80$15,631
Oct 201018221478.103.51$14,965
Sep 201036423072.633.98$27,353
Aug 201036624773.684.42$28,058
Jul 201018126972.554.74$14,406
Jun 201036728070.364.91$27,197
May 201018329171.124.24$14,247
Apr 201036319581.694.12$30,457
Mar 201018323578.394.39$15,377
Feb 201037124273.585.44$28,615
Jan 201037022174.365.96$28,831
Dec 200918220171.445.48$14,104
Nov 200936328374.593.75$28,138
Oct 200918123072.544.11$14,075
Sep 200936425065.543.06$24,623
Aug 200936140367.423.22$25,636
Jul 200936538761.133.46$23,653
Jun 200918735166.163.90$13,739
May 200935930254.743.93$20,837
Apr 20093858446.773.59$18,308
Mar 200918522742.144.06$8,717
Feb 200917348532.814.63$7,923
Jan 200939722535.865.37$15,445
Dec 200818624737.105.98$8,377
Nov 200834532355.496.86$21,360
Oct 200835853875.246.92$30,660
Sep 2008362206101.767.88$38,460
Aug 2008193416114.228.48$25,573
Jul 2008374410131.0811.39$53,694
Jun 2008377314131.3313.03$53,604
May 2008349399123.1711.57$47,604
Apr 2008184343110.3110.45$23,883
Mar 2008358323101.909.66$39,602
Feb 200834832892.538.77$35,077
Jan 200853097490.388.21$55,894
Dec 2007018588.337.30$1,351
Nov 20073501791.677.29$32,208
Oct 2007174882.856.92$14,471
Sep 200734019075.846.24$26,972
Aug 200735137169.066.39$26,610
Jul 200735840170.906.39$27,944
Jun 200717510062.007.55$11,605
May 200753151258.747.85$35,208
Apr 200735042459.617.81$24,173
Mar 200717840856.927.30$13,111
Feb 200736523255.108.22$22,018
Jan 200754288150.306.73$33,189
Dec 200611556.656.92$160
Nov 200638321754.207.62$22,412
Oct 200636440154.906.01$22,395
Sep 200636040160.085.04$23,649
Aug 200635744768.717.34$27,810
Jul 200618835569.376.34$15,293
Jun 200635544866.286.38$26,389
May 200636552666.016.42$27,473
Apr 200636353064.397.36$27,275
Mar 200636851556.707.08$24,513
Feb 200636652657.597.75$25,155
Jan 200637172760.598.93$28,973
Dec 200555362354.9413.42$38,740
Nov 200518321054.6910.59$12,232
Oct 200535785658.3413.80$32,637
Sep 200554486961.4512.08$43,925
Aug 20050061.519.80$0
Jul 200538049455.697.84$25,037
Jun 200537122652.337.38$21,083
May 200519737345.226.65$11,389
Apr 200537923749.207.36$20,391
Mar 200536928150.377.15$20,597
Feb 200518721145.226.31$9,788
Jan 200537726443.166.32$17,940
Dec 200418518339.866.75$8,610
Nov 200419214745.286.33$9,624
Oct 200437238649.706.52$21,003
Sep 200418219243.245.28$8,884
Aug 200417515142.375.55$8,253
Jul 200435926338.286.08$15,343
Jun 200435219036.106.43$13,929
May 200437537237.486.49$16,471
Apr 20041816334.475.86$6,608
Mar 200434751034.365.53$14,743
Feb 200435648032.455.51$14,197
Jan 200435258132.036.30$14,935
Dec 200351553630.266.30$18,962
Nov 200337579128.804.60$14,435
Oct 200351154128.174.76$16,970
Sep 200334167226.314.75$12,163
Aug 200350260029.765.13$18,017
Jul 200351372229.415.17$18,821
Jun 200334058228.565.98$13,192
May 200350960626.595.97$17,154
Apr 200351177826.675.41$17,835
Mar 20036811,16831.146.10$28,327
Feb 200317311133.487.93$6,672
Jan 200351173330.315.58$19,580
Dec 200234725326.914.85$10,566
Nov 200234539124.664.14$10,125
Oct 200234338426.464.23$10,700
Sep 200233941727.443.64$10,818
Aug 200251059625.963.16$15,125
Jul 200251580624.583.06$15,126
Jun 200233736023.733.34$9,199
May 200267969824.663.58$19,246
Apr 200234339823.653.51$9,510
Mar 200234746022.003.10$9,061
Feb 200252255818.222.38$10,836
Jan 200217333017.172.38$3,754
Dec 200151639916.932.36$9,679
Nov 200151860118.072.41$10,806
Oct 200134527919.782.53$7,530
Sep 200117344524.262.25$5,199
Aug 200151078924.873.05$15,093
Jul 200134340723.933.20$9,509
Jun 200152751724.563.82$14,920
May 200134528425.524.31$10,028
Apr 200134264424.685.34$11,877
Mar 200168540824.545.38$19,003
Feb 2001015627.755.77$900
Jan 200155169327.478.40$20,956
Dec 200055771126.889.12$21,458
Nov 200055672332.215.66$21,999
Oct 20005631,11631.235.15$23,325
Sep 200053961431.875.19$20,362
Aug 200035285529.644.54$14,316
Jul 200055192128.534.09$19,487
Jun 200052966329.304.40$18,415
May 20007211,16727.263.68$23,949
Apr 200054887824.513.12$16,167
Mar 200054498328.422.86$18,272
Feb 200055178727.622.73$17,364
Jan 200052864225.272.48$14,935
Dec 199937570024.282.42$10,802
Nov 199956463023.192.43$14,613
Oct 199972666220.982.80$17,088
Sep 199954755421.752.62$13,348
Aug 199936482419.262.88$9,380
Jul 19997471,06317.892.37$15,886
Jun 199937054415.942.36$7,183
May 199973998215.792.32$13,948
Apr 19999251,20915.102.21$16,637
Mar 19995621,02212.471.84$8,887
Feb 19995655079.981.82$6,560
Jan 199974089010.381.90$9,372
Dec 19987469099.201.77$8,475
Nov 199857494810.892.19$8,323
Oct 199873485212.421.97$10,794
Sep 199856584412.592.08$8,871
Aug 19987431,18511.301.91$10,656
Jul 19987391,41611.742.24$11,844
Jun 199854966111.242.24$7,650
May 199855380212.622.21$8,748
Apr 19987381,02113.042.51$12,181
Mar 19987621,13912.802.31$12,384
Feb 199857299013.952.30$10,256
Jan 19989591,18514.702.15$16,651
Dec 19979271,24416.322.41$18,128
Nov 19979321,14518.193.09$20,489
Oct 19979401,36919.253.15$22,407
Sep 19979091,28617.742.95$19,926
Aug 19971,1001,33017.862.55$23,044
Jul 19979111,47317.582.25$19,325
Jun 19971,0761,41517.242.26$21,744
May 19971,2921,35018.972.31$27,626
Apr 19971,1221,08417.882.08$22,319
Mar 19971,1051,07818.951.94$23,030
Feb 19971,3171,00920.492.21$29,211
Jan 19979071,10923.483.54$25,222
Dec 19961,2401,26623.32$28,917
Nov 19961,0971,52121.97$24,101
Oct 19961,0882,03223.31$25,361
Sep 19961,0632,30522.22$23,620
Aug 19961,1522,32820.26$23,340
Jul 19961,2522,19419.55$24,477
Jun 19961,3482,16218.73$25,248
May 19961,4451,94419.43$28,076
Apr 19961,2631,84821.51$27,167
Mar 19961,4331,97319.38$27,772
Feb 19961,4321,86716.98$24,315
Jan 19961,4561,63717.07$24,854
Dec 19951,4491,53317.19$24,908
Nov 19951,6271,35316.00$26,032
Oct 19951,60096115.43$24,688
Sep 19951,7631,01016.18$28,525
Aug 19951,5901,05115.92$25,313
Jul 19951,32477015.24$20,178
Jun 19951,22972716.41$20,168
May 19952,4073,06117.56$42,267
Apr 19955,64331817.73$100,050
Mar 19951,87647316.44$30,841
Feb 19955,5856,55816.58$92,599
Jan 199512,0907,79915.92$192,473
Dec 199417,4546,13815.03$262,334
Nov 199424,0918,41815.90$383,047
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19941771016.13$2,855
Jul 199401017.56$0
Jun 19940817.09$0
May 199401215.88$0
Apr 199401514.14$0
Mar 199402412.46$0
Feb 199401612.50$0
Jan 199401012.66$0
Dec 19931732012.33$2,133
Nov 199301414.49$0
Oct 199301815.85$0
Sep 199301615.03$0
Aug 199302215.66$0
Jul 19931412415.46$2,180
Jun 199307716.79$0
May 199304117.68$0
Apr 199330517018.05$5,505
Mar 19936914018.14$12,535
Feb 19930317.90$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.

May 2026 — as filed, then multipliedworked
Oil                1,080 bbl  × $106.41 =   $114,923
Casinghead gas       119 Mcf  × $  3.05 =       $362

────────────────────────────────────────────────────
Month total                                 $115,285

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/12039 is the state's own key, not one this site invented.