NANCY

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 12246District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$26 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
OilDisposition43,550 bbl$1,521,704
Casinghead gasProduction331,727 Mcf$1,042,253
Total$2,563,957

93,962 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 30.2971, -96.8181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.29710, -96.81806 · 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
8,120 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 8,120 ft.

Completions filed
Nov 1982
1 of 1 wells

1 well

42-2873039018,120 ftNov 1982

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 20260413106.413.05$1,258
Apr 2026043398.932.87$1,243
Mar 2026045989.753.15$1,446
Feb 2026041063.503.75$1,538
Jan 2026045559.138.00$3,639
Dec 2025044456.664.41$1,960
Nov 2025045558.593.93$1,787
Oct 2025048159.383.30$1,590
Sep 2025038862.743.08$1,194
Aug 202510638563.933.01$7,937
Jul 2025038766.743.32$1,283
Jun 2025047366.483.13$1,480
May 2025053060.553.23$1,713
Apr 2025270762.363.54$2,630
Mar 2025049067.704.27$2,091
Feb 2025074370.884.34$3,225
Jan 20250074.324.28$0
Dec 20246023968.993.12$4,885
Nov 2024046169.052.20$1,013
Oct 2024355171.372.28$1,471
Sep 2024047969.612.36$1,133
Aug 2024054075.632.06$1,114
Jul 202418834979.932.15$15,776
Jun 2024126278.082.63$768
May 2024056978.812.20$1,251
Apr 2024010684.451.66$176
Mar 2024140380.301.55$703
Feb 2024142776.091.78$838
Jan 2024043573.023.30$1,434
Dec 2023048071.262.61$1,253
Nov 2023127577.892.81$850
Oct 2023035785.443.09$1,102
Sep 2023032289.042.74$881
Aug 2023030680.522.67$818
Jul 202318841774.852.64$15,173
Jun 2023040168.962.26$906
May 2023036670.622.23$815
Apr 2023054978.122.24$1,229
Mar 2023053072.852.39$1,268
Feb 2023028075.112.47$690
Jan 2023030076.533.39$1,016
Dec 2022026876.415.73$1,535
Nov 2022031385.005.65$1,767
Oct 2022032387.185.86$1,894
Sep 2022018284.888.16$1,486
Aug 2022028294.529.13$2,574
Jul 20220263101.587.54$1,984
Jun 20220221115.097.98$1,763
May 20220200109.378.43$1,687
Apr 20220276104.226.84$1,887
Mar 20220306108.885.08$1,553
Feb 2022028591.054.86$1,385
Jan 2022032581.844.54$1,475
Dec 2021032771.323.90$1,275
Nov 2021032077.435.24$1,676
Oct 2021033879.795.71$1,931
Sep 2021032169.865.35$1,718
Aug 2021032466.024.22$1,367
Jul 2021035070.783.98$1,394
Jun 2021036969.493.38$1,247
May 2021046663.483.02$1,406
Apr 2021035360.362.76$974
Mar 2021043161.302.72$1,171
Feb 2021028157.805.55$1,559
Jan 2021032050.412.81$899
Dec 2020034244.642.68$915
Nov 2020034438.772.71$931
Oct 2020034736.972.48$860
Sep 2020029837.091.99$593
Aug 2020027039.982.39$644
Jul 2020026238.371.83$478
Jun 2020035134.901.69$593
May 2020034116.921.81$619
Apr 2020040814.751.80$736
Mar 2020044230.341.86$820
Feb 2020033849.881.98$669
Jan 202033057.252.09$1,889
Dec 2019034259.012.30$788
Nov 2019038155.302.75$1,048
Oct 2019035353.472.42$854
Sep 2019037055.052.66$983
Aug 201917237553.112.30$9,999
Jul 2019040056.272.46$984
Jun 2019043052.782.49$1,071
May 2019033358.482.74$913
Apr 2019032062.632.75$880
Mar 2019037556.803.06$1,148
Feb 2019034050.852.79$949
Jan 2019029446.033.23$949
Dec 201817433646.594.19$9,513
Nov 2018033652.934.24$1,424
Oct 2018031361.443.40$1,064
Sep 2018035059.543.11$1,088
Aug 201817438759.403.07$11,522
Jul 2018034865.142.93$1,020
Jun 201816937460.183.08$11,321
May 2018031765.382.90$920
Apr 2018128363.842.90$885
Mar 2018027361.222.79$761
Feb 201802961.782.77$80
Jan 2018030862.874.01$1,235
Dec 2017030357.272.92$885
Nov 2017133255.423.12$1,091
Oct 2017136949.292.98$1,150
Sep 2017123647.523.09$776
Aug 2017024845.373.00$745
Jul 201716130143.873.09$7,992
Jun 2017033742.493.09$1,040
May 2017135145.373.26$1,191
Apr 2017033047.933.21$1,060
Mar 2017035246.772.98$1,050
Feb 2017033050.452.95$974
Jan 2017034949.413.42$1,193
Dec 2016040448.763.72$1,504
Nov 2016020842.492.64$550
Oct 2016032646.193.09$1,007
Sep 2016041341.553.10$1,281
Aug 2016034741.442.92$1,015
Jul 2016042241.622.92$1,234
Jun 2016036945.352.69$991
May 2016040242.521.99$800
Apr 2016028336.561.99$563
Mar 201616021933.011.79$5,674
Feb 2016027926.472.06$576
Jan 2016027127.352.36$641
Dec 201516724932.362.00$5,902
Nov 2015111338.792.17$284
Oct 2015017843.552.43$432
Sep 201516028242.992.76$7,656
Aug 2015032640.162.87$936
Jul 2015051948.152.95$1,529
Jun 201517535756.152.88$10,855
May 2015132755.212.96$1,022
Apr 2015022849.822.71$617
Mar 2015026542.892.93$778
Feb 2015118944.662.98$607
Jan 2015024643.433.10$763
Dec 201419454.693.59$392
Nov 201417910270.464.25$13,046
Oct 2014025278.303.90$983
Sep 2014019686.164.05$793
Aug 2014031689.394.04$1,275
Jul 2014035596.564.18$1,484
Jun 201417442398.164.74$19,084
May 2014050694.734.73$2,392
Apr 2014147095.944.81$2,356
Mar 2014118095.895.06$1,006
Feb 2014015997.406.19$985
Jan 2014044390.404.86$2,153
Dec 201317532491.824.35$17,479
Nov 2013025088.853.74$935
Oct 2013029597.423.78$1,115
Sep 20130272104.113.72$1,011
Aug 2013175547104.253.52$20,171
Jul 20130447102.523.72$1,662
Jun 2013041994.403.93$1,648
May 2013155294.834.15$2,385
Apr 2013015193.964.28$647
Mar 2013145693.623.91$1,878
Feb 201317646491.233.42$17,643
Jan 201301591.603.42$51
Dec 201217130486.773.42$15,877
Nov 201217726686.953.62$16,354
Oct 201217537289.383.40$16,906
Sep 201235646094.672.92$35,045
Aug 201218044492.662.91$17,970
Jul 201252261785.133.02$46,302
Jun 2012180479.822.52$2,105
May 2012025791.612.49$640
Apr 20120395101.652.00$789
Mar 20121367105.052.22$921
Feb 2012172557101.102.57$18,821
Jan 2012034698.092.73$946
Dec 201118231996.873.24$18,664
Nov 2011048395.723.31$1,599
Oct 201118468084.983.65$18,117
Sep 2011034783.623.99$1,383
Aug 2011055783.404.15$2,311
Jul 2011058394.144.52$2,634
Jun 201117760392.904.64$19,241
May 2011035798.134.40$1,573
Apr 2011174374105.964.33$20,058
Mar 2011018796.364.06$759
Feb 2011026985.644.18$1,124
Jan 2011130386.504.59$1,477
Dec 201018024485.734.35$16,492
Nov 2010030580.843.80$1,158
Oct 201017967478.103.51$16,345
Sep 201001,14472.633.98$4,553
Aug 201011,07173.684.42$4,807
Jul 201011,37272.554.74$6,571
Jun 201011,51370.364.91$7,500
May 20101791,72871.124.24$20,049
Apr 201011,31781.694.12$5,511
Mar 20101822,03578.394.39$23,198
Feb 2010038673.585.44$2,101
Jan 2010037174.365.96$2,213
Dec 2009062371.445.48$3,416
Nov 2009066674.593.75$2,499
Oct 200917279772.544.11$15,753
Sep 200917385365.543.06$13,953
Aug 20091721,22067.423.22$15,523
Jul 20091671,67961.133.46$16,026
Jun 20091761,50866.163.90$17,518
May 200901,55554.743.93$6,105
Apr 200912,01046.773.59$7,258
Mar 20091832,35842.144.06$17,283
Feb 200902,16032.814.63$10,007
Jan 200912,12435.865.37$11,444
Dec 200801,97737.105.98$11,817
Nov 200812,50755.496.86$17,254
Oct 20081762,80975.246.92$32,686
Sep 20083582,576101.767.88$56,721
Aug 200802,653114.228.48$22,505
Jul 200801,762131.0811.39$20,068
Jun 20081833,292131.3313.03$66,937
May 200802,146123.1711.57$24,838
Apr 2008359284110.3110.45$42,570
Mar 20081666101.909.66$6,538
Feb 2008018092.538.77$1,579
Jan 2008027790.388.21$2,273
Dec 2007047388.337.30$3,454
Nov 200718031891.677.29$18,819
Oct 2007164382.856.92$4,534
Sep 200718233575.846.24$15,895
Aug 2007151969.066.39$3,384
Jul 200752591970.906.39$43,093
Jun 2007152062.007.55$3,987
May 2007031658.747.85$2,479
Apr 2007038959.617.81$3,036
Mar 2007136256.927.30$2,700
Feb 200717550055.108.22$13,751
Jan 2007129650.306.73$2,041
Dec 2006049256.656.92$3,404
Nov 200618046854.207.62$13,321
Oct 200617848854.906.01$12,707
Sep 200618143460.085.04$13,061
Aug 200652853168.717.34$40,176
Jul 2006145169.376.34$2,930
Jun 200617641466.286.38$14,308
May 2006161066.016.42$3,985
Apr 2006028164.397.36$2,068
Mar 2006040456.707.08$2,862
Feb 200618047357.597.75$14,032
Jan 200617951660.598.93$15,455
Dec 2005047254.9413.42$6,332
Nov 2005043454.6910.59$4,595
Oct 200517553958.3413.80$17,645
Sep 200517850061.4512.08$16,978
Aug 2005055261.519.80$5,408
Jul 200535457455.697.84$24,217
Jun 2005060752.337.38$4,480
May 2005055945.226.65$3,718
Apr 200517957049.207.36$13,002
Mar 2005063350.377.15$4,529
Feb 2005176345.226.31$4,861
Jan 200518084543.166.32$13,111
Dec 2004080639.866.75$5,441
Nov 200418076545.286.33$12,993
Oct 2004074149.706.52$4,828
Sep 200417369043.245.28$11,126
Aug 2004079742.375.55$4,424
Jul 200418284038.286.08$12,078
Jun 200417780436.106.43$11,562
May 2004188837.486.49$5,805
Apr 2004045734.475.86$2,677
Mar 200417772134.365.53$10,069
Feb 200435662832.455.51$15,012
Jan 2004164632.036.30$4,102
Dec 200317968630.266.30$9,739
Nov 2003069628.804.60$3,198
Oct 200337180928.174.76$14,302
Sep 20031881,28126.314.75$11,030
Aug 2003050629.765.13$2,596
Jul 2003053929.415.17$2,787
Jun 2003064728.565.98$3,871
May 2003068426.595.97$4,085
Apr 200337569226.675.41$13,743
Mar 2003070631.146.10$4,304
Feb 200319063233.487.93$11,370
Jan 200319169330.315.58$9,658
Dec 2002171126.914.85$3,478
Nov 200218965824.664.14$7,383
Oct 200218773726.464.23$8,065
Sep 2002057527.443.64$2,090
Aug 200219168525.963.16$7,126
Jul 200218564324.583.06$6,516
Jun 200218561323.733.34$6,436
May 200218768624.663.58$7,070
Apr 200218966223.653.51$6,795
Mar 200219379622.003.10$6,716
Feb 200219071718.222.38$5,165
Jan 2002174817.172.38$1,794
Dec 200117791016.932.36$5,148
Nov 20011881,05718.072.41$5,940
Oct 200101,24719.782.53$3,154
Sep 200117998924.262.25$6,569
Aug 20011881,00024.873.05$7,729
Jul 200101,03623.933.20$3,312
Jun 20011911,22024.563.82$9,356
May 20013531,26725.524.31$14,466
Apr 2001092924.685.34$4,957
Mar 200101,28724.545.38$6,919
Feb 20011981,17527.755.77$12,271
Jan 20011901,68127.478.40$19,338
Dec 2000070026.889.12$6,386
Nov 2000071032.215.66$4,017
Oct 200001,30931.235.15$6,735
Sep 20001841,30631.875.19$12,638
Aug 20001841,32529.644.54$11,470
Jul 200001,38828.534.09$5,677
Jun 20003751,91129.304.40$19,391
May 2000026027.263.68$957
Apr 2000033224.513.12$1,035
Mar 2000045728.422.86$1,307
Feb 2000039427.622.73$1,074
Jan 200018981525.272.48$6,798
Dec 199918978224.282.42$6,484
Nov 199918679523.192.43$6,248
Oct 199917986820.982.80$6,189
Sep 19991841,10721.752.62$6,901
Aug 19991841,47219.262.88$7,777
Jul 1999047217.892.37$1,120
Jun 199901,08415.942.36$2,561
May 19991771,33615.792.32$5,896
Apr 1999040015.102.21$883
Mar 199931,31512.471.84$2,455
Feb 19991771,2139.981.82$3,971
Jan 19991831,15610.381.90$4,096
Dec 19981839149.201.77$3,304
Nov 19982591,19110.892.19$5,424
Oct 1998377112.421.97$1,556
Sep 1998111,02212.592.08$2,267
Aug 19982021,43911.301.91$5,027
Jul 19981811,60611.742.24$5,718
Jun 199851,69211.242.24$3,842
May 19983742,04812.622.21$9,238
Apr 19981881,97813.042.51$7,407
Mar 19985682,55912.802.31$13,180
Feb 1998967613.952.30$1,680
Jan 19983691,70614.702.15$9,100
Dec 19971901,36116.322.41$6,382
Nov 199718065018.193.09$5,282
Oct 19973681,55719.253.15$11,988
Sep 19973572,10117.742.95$12,541
Aug 19977282,91617.862.55$20,452
Jul 19973691,41417.582.25$9,664
Jun 19973761,97017.242.26$10,929
May 19978882,30018.972.31$22,155
Apr 19973542,05017.882.08$10,599
Mar 19975552,33118.951.94$15,037
Feb 19977302,88620.492.21$21,324
Jan 19973432,08523.483.54$15,434
Dec 19969112,87123.32$21,245
Nov 19961,0763,33421.97$23,640
Oct 19967394,64123.31$17,226
Sep 19968806,72422.22$19,554
Aug 19964898,67620.26$9,907
Jul 19968583,41619.55$16,774
Jun 19967392,26518.73$13,841
May 19965572,43719.43$10,823
Apr 19961941,60721.51$4,173
Mar 1996728619.38$136
Feb 19962021,37016.98$3,430
Jan 19963601,74317.07$6,145
Dec 199518069817.19$3,094
Nov 19953941,69516.00$6,304
Oct 19953751,81015.43$5,786
Sep 19953531,64816.18$5,712
Aug 19951871,88015.92$2,977
Jul 19951901,53515.24$2,896
Jun 1995974816.41$148
May 19951951,59117.56$3,424
Apr 19953691,95717.73$6,542
Mar 19951499616.44$230
Feb 19953691,42716.58$6,118
Jan 19951901,49415.92$3,025
Dec 19941871,50515.03$2,811
Nov 19941841,48315.90$2,926
Oct 19943731,70115.58$5,811
Sep 19941781,57415.29$2,722
Aug 19943181,48816.13$5,129
Jul 19941841,68717.56$3,231
Jun 19941801,81417.09$3,076
May 19941921,58915.88$3,049
Apr 19943711,50314.14$5,246
Mar 19941901,70812.46$2,367
Feb 19943761,56912.50$4,700
Jan 19943631,42612.66$4,596
Dec 19933701,72412.33$4,562
Nov 19933641,74314.49$5,274
Oct 19931802,05915.85$2,853
Sep 199318992115.03$2,841
Aug 19931842,16115.66$2,881
Jul 19931221,25315.46$1,886
Jun 19931761,67116.79$2,955
May 19932592,00517.68$4,579
Apr 19931841,17418.05$3,321
Mar 19936135518.14$1,107
Feb 1993841,30317.90$1,504
Jan 19931111,69716.93$1,879

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                    0 bbl  × $106.41 =         $0
Casinghead gas       413 Mcf  × $  3.05 =     $1,258

────────────────────────────────────────────────────
Month total                                   $1,258

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/12246 is the state's own key, not one this site invented.