MARY KAY

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 12262District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$66 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
NGPA2none

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
OilDisposition132,545 bbl$4,843,218
Casinghead gasProduction223,883 Mcf$717,159
Total$5,560,377

57,073 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 30.3514, -96.7922. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

30.35141, -96.79224 · 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
0.0%
0 of 2 wells
Median depth
8,037 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
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.
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 7,958 and 8,115 ft, median 8,037 ft, over the 2 wells that filed a depth.

Completions filed
May 2001 – Apr 2012
2 of 2 wells

2 wells

42-2873045918,115 ftApr 2012Yes
42-2873152727,958 ftMay 2001

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 20261803389.753.15$16,259
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202501856.664.41$79
Nov 202536542858.593.93$23,066
Oct 2025255259.383.30$1,943
Sep 2025115362.743.08$534
Aug 20253694163.933.01$23,714
Jul 2025015866.743.32$524
Jun 20250066.483.13$0
May 202518328160.553.23$11,989
Apr 2025210062.363.54$479
Mar 202517940567.704.27$13,847
Feb 202519642070.884.34$15,716
Jan 202556574.324.28$4,183
Dec 202419353368.993.12$14,979
Nov 202418854569.052.20$14,180
Oct 202418836371.372.28$14,246
Sep 202418823069.612.36$13,630
Aug 202418349475.632.06$14,860
Jul 20241837779.932.15$14,792
Jun 202408378.082.63$219
May 20240878.812.20$18
Apr 2024191084.451.66$16,130
Mar 2024113980.301.55$295
Feb 202419723676.091.78$15,411
Jan 2024039773.023.30$1,309
Dec 202337475071.262.61$28,609
Nov 20235481,14877.892.81$45,907
Oct 202318166985.443.09$17,530
Sep 20230089.042.74$0
Aug 202308080.522.67$214
Jul 20233763074.852.64$28,223
Jun 202318150468.962.26$13,620
May 20233821,18970.622.23$29,625
Apr 202337715878.122.24$29,805
Mar 202306972.852.39$165
Feb 20232014275.112.47$15,201
Jan 202302576.533.39$85
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220387.185.86$18
Sep 202203884.888.16$310
Aug 20220594.529.13$46
Jul 2022021101.587.54$158
Jun 202205115.097.98$40
May 202204109.378.43$34
Apr 20221792104.226.84$18,669
Mar 2022014108.885.08$71
Feb 20220491.054.86$19
Jan 202205481.844.54$245
Dec 20210471.323.90$16
Nov 20210577.435.24$26
Oct 20210879.795.71$46
Sep 2021180669.865.35$12,607
Aug 20210566.024.22$21
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020193044.642.68$8,616
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020193039.982.39$7,716
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019170053.472.42$9,090
Sep 20190055.052.66$0
Aug 20190553.112.30$12
Jul 20190356.272.46$7
Jun 20190452.782.49$10
May 20190558.482.74$14
Apr 201916824962.632.75$11,207
Mar 201934538056.803.06$20,760
Feb 201917333150.852.79$9,721
Jan 2019013746.033.23$442
Dec 201816513546.594.19$8,252
Nov 201817121252.934.24$9,949
Oct 201816652461.443.40$11,980
Sep 201816947959.543.11$11,551
Aug 2018164959.403.07$9,769
Jul 201816953665.142.93$12,580
Jun 201833247760.183.08$21,447
May 201832882065.382.90$23,823
Apr 20180363.842.90$9
Mar 20181693261.222.79$10,435
Feb 201803661.782.77$100
Jan 201809262.874.01$369
Dec 20171636157.272.92$9,513
Nov 201716230955.423.12$9,942
Oct 201716511049.292.98$8,461
Sep 201717211547.523.09$8,528
Aug 2017226345.373.00$881
Jul 201718018543.873.09$8,468
Jun 201717265342.493.09$9,324
May 201716938245.373.26$8,914
Apr 201749682147.933.21$26,410
Mar 20175121,62446.772.98$28,792
Feb 201733540750.452.95$18,102
Jan 201733912149.413.42$17,164
Dec 201601548.763.72$56
Nov 2016165542.492.64$7,024
Oct 201612046.193.09$108
Sep 20161651541.553.10$6,902
Aug 201615641.442.92$205
Jul 201608941.622.92$260
Jun 20160845.352.69$21
May 20160642.521.99$12
Apr 201604436.561.99$88
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201616350427.352.36$5,650
Dec 201533342732.362.00$11,630
Nov 20151338.792.17$45
Oct 201516229443.552.43$7,769
Sep 201516122842.992.76$7,550
Aug 20151634440.162.87$6,672
Jul 201517036448.152.95$9,258
Jun 201516226456.152.88$9,857
May 201516229155.212.96$9,804
Apr 201515944849.822.71$9,134
Mar 201533841442.892.93$15,712
Feb 2015015244.662.98$452
Jan 201517128943.433.10$8,323
Dec 201416933654.693.59$10,449
Nov 201434950670.464.25$26,742
Oct 201417417478.303.90$14,303
Sep 201433855386.164.05$31,359
Aug 201417287389.394.04$18,898
Jul 201434090296.564.18$36,600
Jun 20143471,40698.164.74$40,722
May 20145051,38494.734.73$54,380
Apr 201417736995.944.81$18,756
Mar 2014177395.895.06$16,988
Feb 2014114597.406.19$995
Jan 201422721690.404.86$21,571
Dec 201317339291.824.35$17,592
Nov 20131717788.853.74$15,481
Oct 201317225797.423.78$17,728
Sep 2013168269104.113.72$18,491
Aug 2013175406104.253.52$19,674
Jul 2013184232102.523.72$19,726
Jun 201316934094.403.93$17,291
May 20131749394.834.15$16,886
Apr 201318032093.964.28$18,283
Mar 201317127393.623.91$17,077
Feb 201317912391.233.42$16,751
Jan 201317335491.603.42$17,057
Dec 201217533686.773.42$16,334
Nov 201218311186.953.62$16,314
Oct 201217221989.383.40$16,118
Sep 201217026194.672.92$16,856
Aug 201234332092.662.91$32,713
Jul 201234231785.133.02$30,072
Jun 201204579.822.52$113
May 201216935391.612.49$16,360
Apr 2012177382101.652.00$18,755
Mar 2012177225105.052.22$19,094
Feb 201217796101.102.57$18,141
Jan 201217741998.092.73$18,508
Dec 201117914696.873.24$17,813
Nov 201117924195.723.31$17,932
Oct 201118634384.983.65$17,058
Sep 201117420583.623.99$15,367
Aug 201118059083.404.15$17,460
Jul 201134224494.144.52$33,298
Jun 2011116792.904.64$868
May 201117925098.134.40$18,666
Apr 2011359395105.964.33$39,751
Mar 201117936796.364.06$18,737
Feb 201135113585.644.18$30,624
Jan 201119533886.504.59$18,419
Dec 201018127185.734.35$16,695
Nov 201018011580.843.80$14,988
Oct 201018820478.103.51$15,399
Sep 201016727972.633.98$13,239
Aug 201009273.684.42$407
Jul 20103557872.554.74$26,125
Jun 201028870.364.91$573
May 201017813771.124.24$13,240
Apr 201017613981.694.12$14,950
Mar 201019424778.394.39$16,292
Feb 201017519273.585.44$13,921
Jan 201035536374.365.96$28,563
Dec 200917211271.445.48$12,902
Nov 200917526774.593.75$14,055
Oct 200934622672.544.11$26,028
Sep 200934734065.543.06$23,784
Aug 200934725767.423.22$24,222
Jul 200934834161.133.46$22,455
Jun 200934933366.163.90$24,387
May 200934237554.743.93$20,193
Apr 200917727246.773.59$9,254
Mar 200934537442.144.06$16,056
Feb 2009139932.814.63$1,881
Jan 200936237235.865.37$14,979
Dec 200835338337.105.98$15,386
Nov 200818861155.496.86$14,624
Oct 200836239175.246.92$29,943
Sep 200817274101.767.88$18,086
Aug 20080246114.228.48$2,087
Jul 2008179110131.0811.39$24,716
Jun 2008352288131.3313.03$49,982
May 20081361123.1711.57$4,301
Apr 2008361143110.3110.45$41,317
Mar 2008172255101.909.66$19,991
Feb 200817527492.538.77$18,596
Jan 200835531890.388.21$34,694
Dec 200717310788.337.30$16,062
Nov 200717922091.677.29$18,013
Oct 200717926282.856.92$16,644
Sep 20071751,22275.846.24$20,902
Aug 200735779169.066.39$29,707
Jul 200717537770.906.39$14,816
Jun 200735038962.007.55$24,636
May 200717724058.747.85$12,280
Apr 200718249859.617.81$14,736
Mar 200717635956.927.30$12,639
Feb 200717753655.108.22$14,156
Jan 200735461650.306.73$21,950
Dec 200617852656.656.92$13,723
Nov 200617439854.207.62$12,463
Oct 200617764154.906.01$13,572
Sep 200617755860.085.04$13,445
Aug 200635855168.717.34$28,642
Jul 200617338669.376.34$14,449
Jun 2006037266.286.38$2,375
May 200635439666.016.42$25,912
Apr 200617729764.397.36$13,583
Mar 200617460656.707.08$14,158
Feb 200635538857.597.75$23,452
Jan 200618151160.598.93$15,532
Dec 200534656954.9413.42$26,643
Nov 200517749854.6910.59$14,953
Oct 200534665858.3413.80$29,263
Sep 200534783761.4512.08$31,433
Aug 200534741961.519.80$25,449
Jul 200517956655.697.84$14,408
Jun 200535384552.337.38$24,709
May 200535176045.226.65$20,927
Apr 200535284149.207.36$23,509
Mar 200535175450.377.15$23,075
Feb 200517660345.226.31$11,765
Jan 200534889443.166.32$20,672
Dec 20045251,09239.866.75$28,299
Nov 200435669545.286.33$20,519
Oct 20043541,05949.706.52$24,493
Sep 200434887243.245.28$19,655
Aug 20043471,06342.375.55$20,603
Jul 20046921,07438.286.08$33,024
Jun 20043511,26436.106.43$20,802
May 20045231,57937.486.49$29,857
Apr 20047001,68334.475.86$33,989
Mar 200452298434.365.53$23,378
Feb 20046991,61232.455.51$31,564
Jan 20048602,18632.036.30$41,317
Dec 20036992,47230.266.30$36,729
Nov 20035262,20428.804.60$25,277
Oct 20037521,74328.174.76$29,480
Sep 200346198526.314.75$16,807
Aug 20039421,46629.765.13$35,554
Jul 20031,3051,17829.415.17$44,471
Jun 20031,12253828.565.98$35,263
May 20031,49858926.595.97$43,350
Apr 20031,30553626.675.41$37,703
Mar 20031,30644731.146.10$43,394
Feb 20031,51238433.487.93$53,665
Jan 20031,30838130.315.58$41,772
Dec 20021,51050926.914.85$43,105
Nov 20021,48961624.664.14$39,267
Oct 20021,30260326.464.23$37,001
Sep 200237535427.443.64$11,577
Aug 20021,29860225.963.16$35,601
Jul 20021,11080324.583.06$29,742
Jun 200237543423.733.34$10,348
May 20021,10475124.663.58$29,916
Apr 200255259723.653.51$15,152
Mar 200255858122.003.10$14,079
Feb 200256456918.222.38$11,628
Jan 200237564117.172.38$7,962
Dec 200138465916.932.36$8,059
Nov 200138366118.072.41$8,511
Oct 200137552919.782.53$8,755
Sep 200137658424.262.25$10,437
Aug 200138584324.873.05$12,149
Jul 20017621,43823.933.20$22,832
Jun 20019552,15924.563.82$31,711
May 20018653,23325.524.31$36,000
Apr 20012745724.685.34$3,105
Mar 200137874124.545.38$13,260
Feb 200119667627.755.77$9,338
Jan 2001176227.478.40$6,427
Dec 200037676526.889.12$17,086
Nov 200019477032.215.66$10,605
Oct 2000068731.235.15$3,535
Sep 200037481931.875.19$16,167
Aug 200018793229.644.54$9,775
Jul 2000491128.534.09$3,840
Jun 200033590029.304.40$13,773
May 200017896827.263.68$8,414
Apr 20005541,04924.513.12$16,847
Mar 200018839928.422.86$6,484
Feb 2000081527.622.73$2,222
Jan 200036599425.272.48$11,689
Dec 19991871,05324.282.42$7,093
Nov 19993681,08723.192.43$11,180
Oct 19995611,35320.982.80$15,563
Sep 1999032121.752.62$841
Aug 199937579419.262.88$9,506
Jul 199918165117.892.37$4,783
Jun 199936380815.942.36$7,695
May 1999062315.792.32$1,446
Apr 19993661,11715.102.21$7,993
Mar 199956091712.471.84$8,669
Feb 19991868449.981.82$3,390
Jan 19993611,21710.381.90$6,059
Dec 19983741,1919.201.77$5,553
Nov 19985561,34510.892.19$8,995
Oct 199836376612.421.97$6,017
Sep 199820862812.592.08$3,927
Aug 19987621,31011.301.91$11,109
Jul 19982011,27811.742.24$5,219
Jun 19981871,46811.242.24$5,386
May 19983651,50212.622.21$7,920
Apr 19985691,50813.042.51$11,198
Mar 19985881,55512.802.31$11,118
Feb 19983921,46913.952.30$8,846
Jan 19987501,78714.702.15$14,876
Dec 19975311,28716.322.41$11,769
Nov 19974141,77718.193.09$13,019
Oct 19978942,01319.253.15$23,550
Sep 19973791,35817.742.95$10,736
Aug 19977441,56917.862.55$17,296
Jul 19973911,38517.582.25$9,986
Jun 19977511,26117.242.26$15,794
May 199738552318.972.31$8,511
Apr 199738128217.882.08$7,400
Mar 199726452018.951.94$6,011
Feb 199737948620.492.21$8,838
Jan 199758349323.483.54$15,434
Dec 199621059823.32$4,897
Nov 199656869921.97$12,479
Oct 199616746823.31$3,893
Sep 199655858222.22$12,399
Aug 199639663120.26$8,023
Jul 199674669219.55$14,584
Jun 199621765218.73$4,064
May 199659980119.43$11,639
Apr 199675696521.51$16,262
Mar 19965721,01019.38$11,085
Feb 199673984316.98$12,548
Jan 19967821,06517.07$13,349
Dec 19956901,02617.19$11,861
Nov 19956031,16416.00$9,648
Oct 19957241,16115.43$11,171
Sep 19954081,19916.18$6,601
Aug 19959341,28615.92$14,869
Jul 19959011,33415.24$13,731
Jun 19959451,21416.41$15,507
May 19959261,28617.56$16,261
Apr 19959391,26117.73$16,648
Mar 19959521,19716.44$15,651
Feb 19959361,32716.58$15,519
Jan 19951,1111,10915.92$17,687
Dec 19945981,19815.03$8,988
Nov 19949291,20215.90$14,771
Oct 19947491,09315.58$11,669
Sep 19947441,16415.29$11,376
Aug 19947451,21916.13$12,017
Jul 19949181,21517.56$16,120
Jun 19947201,19817.09$12,305
May 19949021,37615.88$14,324
Apr 19949301,22714.14$13,150
Mar 199478983712.46$9,831
Feb 19947261,34612.50$9,075
Jan 19941,0951,45212.66$13,863
Dec 19938981,55712.33$11,072
Nov 19931,0881,42314.49$15,765
Oct 19937281,63115.85$11,539
Sep 19931,0861,55815.03$16,323
Aug 19931,0741,39615.66$16,819
Jul 19939051,33115.46$13,991
Jun 19931,0331,47616.79$17,344
May 19931,0891,51017.68$19,254
Apr 19931,0391,71718.05$18,754
Mar 19931,3321,75818.14$24,162
Feb 19931,1911,69917.90$21,319
Jan 19931,2611,92016.93$21,349

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.

Mar 2026 — as filed, then multipliedworked
Oil                  180 bbl  × $ 89.75 =    $16,155
Casinghead gas        33 Mcf  × $  3.15 =       $104

────────────────────────────────────────────────────
Month total                                  $16,259

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/12262 is the state's own key, not one this site invented.