DUBE 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 12296District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$78 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
OilDisposition54,767 bbl$2,018,805
Casinghead gasProduction266,092 Mcf$940,070
Total$2,958,875

41,477 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 30.2332, -96.8688. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23322, -96.86878 · 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
10,300 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 10,300 ft.

Completions filed
Jul 1994
1 of 1 wells

1 well

42-28730425310,300 ftJul 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 2026174503106.413.05$20,047
Apr 20260098.932.87$0
Mar 2026144989.753.15$1,504
Feb 2026010863.503.75$405
Jan 202618337759.138.00$13,836
Dec 2025037756.664.41$1,664
Nov 20250158.593.93$4
Oct 20250059.383.30$0
Sep 202518675062.743.08$13,977
Aug 202521163.933.01$161
Jul 202535772266.743.32$26,220
Jun 202502466.483.13$75
May 202501260.553.23$39
Apr 20250362.363.54$11
Mar 2025343967.704.27$2,077
Feb 2025231870.884.34$1,522
Jan 20250074.324.28$0
Dec 2024059568.993.12$1,857
Nov 202411069.052.20$91
Oct 202417561571.372.28$13,893
Sep 20241969.612.36$91
Aug 2024269475.632.06$1,583
Jul 202405279.932.15$112
Jun 202418146478.082.63$15,355
May 202405978.812.20$130
Apr 202419146484.451.66$16,900
Mar 202413180.301.55$128
Feb 20240676.091.78$11
Jan 202403473.023.30$112
Dec 2023140871.262.61$1,136
Nov 202318740677.892.81$15,705
Oct 2023266285.443.09$2,215
Sep 2023140889.042.74$1,205
Aug 2023044980.522.67$1,200
Jul 2023130874.852.64$889
Jun 2023091668.962.26$2,069
May 202319286970.622.23$15,495
Apr 202301878.122.24$40
Mar 2023051772.852.39$1,237
Feb 20231831675.112.47$13,785
Jan 2023165276.533.39$2,285
Dec 202203376.415.73$189
Nov 2022015985.005.65$898
Oct 202218029087.185.86$17,393
Sep 2022162584.888.16$5,187
Aug 2022117094.529.13$1,646
Jul 2022178476101.587.54$21,671
Jun 2022012115.097.98$96
May 20221303109.378.43$2,665
Apr 2022180405104.226.84$21,529
Mar 20221220108.885.08$1,226
Feb 2022023391.054.86$1,132
Jan 2022138881.844.54$1,842
Dec 202116642671.323.90$13,500
Nov 2021161277.435.24$3,282
Oct 202103779.795.71$211
Sep 202117836769.865.35$14,399
Aug 2021029566.024.22$1,245
Jul 2021044870.783.98$1,784
Jun 202118447969.493.38$14,405
May 202107063.483.02$211
Apr 2021058860.362.76$1,622
Mar 202118855061.302.72$13,019
Feb 2021035757.805.55$1,981
Jan 2021034250.412.81$961
Dec 202018536344.642.68$9,230
Nov 2020055538.772.71$1,502
Oct 2020033636.972.48$833
Sep 202018152337.091.99$7,755
Aug 2020229339.982.39$779
Jul 202018466438.371.83$8,272
Jun 20200534.901.69$8
May 2020057916.921.81$1,051
Apr 202018028814.751.80$3,175
Mar 20200030.341.86$0
Feb 2020052449.881.98$1,038
Jan 20201807757.252.09$10,466
Dec 201916989159.012.30$12,026
Nov 20190055.302.75$0
Oct 20190553.472.42$12
Sep 201918297855.052.66$12,618
Aug 201902853.112.30$65
Jul 20190556.272.46$12
Jun 201917785852.782.49$11,480
May 201901458.482.74$38
Apr 20190762.632.75$19
Mar 20190356.803.06$9
Feb 201918896950.852.79$12,265
Jan 201901446.033.23$45
Dec 2018181746.594.19$8,462
Nov 20180552.934.24$21
Oct 201818697061.443.40$14,724
Sep 201801359.543.11$40
Aug 20180659.403.07$18
Jul 20180465.142.93$12
Jun 20183681,15960.183.08$25,712
May 201801365.382.90$38
Apr 20180563.842.90$15
Mar 2018068461.222.79$1,906
Feb 201801061.782.77$28
Jan 20180962.874.01$36
Dec 201718459857.272.92$12,285
Nov 201718539855.423.12$11,494
Oct 20170349.292.98$9
Sep 201703247.523.09$99
Aug 2017025745.373.00$772
Jul 201718598843.873.09$11,166
Jun 201701242.493.09$37
May 20170545.373.26$16
Apr 201718779547.933.21$11,516
Mar 201701046.772.98$30
Feb 201705850.452.95$171
Jan 201718660549.413.42$11,259
Dec 20160748.763.72$26
Nov 20160542.492.64$13
Oct 2016017346.193.09$535
Sep 201618992541.553.10$10,721
Aug 201602441.442.92$70
Jul 20160441.622.92$12
Jun 201618772145.352.69$10,417
May 201601342.521.99$26
Apr 20160436.561.99$8
Mar 2016052133.011.79$935
Feb 2016042226.472.06$871
Jan 2016179827.352.36$4,915
Dec 20150732.362.00$14
Nov 2015080738.792.17$1,749
Oct 20151814043.552.43$7,980
Sep 20150742.992.76$19
Aug 2015023740.162.87$681
Jul 2015069148.152.95$2,035
Jun 20151912056.152.88$10,782
May 20150655.212.96$18
Apr 20150649.822.71$16
Mar 20151951,08942.892.93$11,559
Feb 201502144.662.98$63
Jan 201501043.433.10$31
Dec 20140654.693.59$22
Nov 201418611370.464.25$13,586
Oct 2014093578.303.90$3,647
Sep 201402786.164.05$109
Aug 201401089.394.04$40
Jul 2014189896.564.18$18,283
Jun 20140598.164.74$24
May 20140494.734.73$19
Apr 201403695.944.81$173
Mar 20140195.895.06$5
Feb 20141951297.406.19$19,067
Jan 20140490.404.86$19
Dec 2013056091.824.35$2,439
Nov 20133631488.853.74$32,305
Oct 201301597.423.78$57
Sep 201302104.113.72$7
Aug 201307104.253.52$25
Jul 2013011102.523.72$41
Jun 20130394.403.93$12
May 201318719594.834.15$18,542
Apr 201302893.964.28$120
Mar 20130393.623.91$12
Feb 201318950491.233.42$18,966
Jan 201301291.603.42$41
Dec 20120186.773.42$3
Nov 201201586.953.62$54
Oct 20121811989.383.40$16,242
Sep 20120294.672.92$6
Aug 20120092.662.91$0
Jul 201218224985.133.02$16,246
Jun 2012022979.822.52$577
May 20120491.612.49$10
Apr 201205101.652.00$10
Mar 201217931105.052.22$18,873
Feb 20120772101.102.57$1,984
Jan 201218275298.092.73$19,908
Dec 201101596.873.24$49
Nov 20111911,12095.723.31$21,991
Oct 20110584.983.65$18
Sep 2011078983.623.99$3,145
Aug 201101083.404.15$41
Jul 201118690194.144.52$21,580
Jun 201101492.904.64$65
May 20111901,03898.134.40$23,217
Apr 2011013105.964.33$56
Mar 2011050996.364.06$2,065
Feb 201118635685.644.18$17,417
Jan 2011035386.504.59$1,620
Dec 2010031185.734.35$1,352
Nov 201018659080.843.80$17,275
Oct 201003378.103.51$116
Sep 20100672.633.98$24
Aug 201018381173.684.42$17,068
Jul 201001072.554.74$47
Jun 2010079970.364.91$3,923
May 201003171.124.24$131
Apr 20101844481.694.12$15,212
Mar 2010087678.394.39$3,844
Feb 201003473.585.44$185
Jan 201019254374.365.96$17,516
Dec 20090671.445.48$33
Nov 20091891,09174.593.75$18,190
Oct 200901072.544.11$41
Sep 2009093465.543.06$2,862
Aug 20091862467.423.22$12,617
Jul 2009082761.133.46$2,865
Jun 2009068066.163.90$2,649
May 20091933054.743.93$10,683
Apr 20090446.773.59$14
Mar 200903642.144.06$146
Feb 20090032.814.63$0
Jan 20091961,98435.865.37$17,685
Dec 200801,07037.105.98$6,396
Nov 200819320855.496.86$12,137
Oct 2008094875.246.92$6,562
Sep 2008036101.767.88$284
Aug 2008193410114.228.48$25,523
Jul 20081941,769131.0811.39$45,577
Jun 200801,267131.3313.03$16,512
May 20081942,476123.1711.57$52,553
Apr 20080768110.3110.45$8,029
Mar 20080121101.909.66$1,169
Feb 20081952,17792.538.77$37,137
Jan 200819746790.388.21$21,637
Dec 200708988.337.30$650
Nov 20071951,87891.677.29$31,569
Oct 200709582.856.92$658
Sep 20071901,17475.846.24$21,740
Aug 20071937469.066.39$13,801
Jul 20071911,07070.906.39$20,377
Jun 200708862.007.55$664
May 20071941,35958.747.85$22,059
Apr 200701159.617.81$86
Mar 200719440556.927.30$14,000
Feb 200719869155.108.22$16,587
Jan 2007039550.306.73$2,657
Dec 200639178356.656.92$27,567
Nov 200605854.207.62$442
Oct 200619181554.906.01$15,387
Sep 2006047260.085.04$2,378
Aug 200603668.717.34$264
Jul 20063771,08869.376.34$33,053
Jun 2006142866.286.38$2,799
May 200617270966.016.42$15,909
Apr 200618533164.397.36$14,348
Mar 200602456.707.08$170
Feb 200639699957.597.75$30,549
Jan 200638148260.598.93$27,391
Dec 200538539954.9413.42$26,505
Nov 200557578354.6910.59$39,737
Oct 200519022258.3413.80$14,147
Sep 200508761.4512.08$1,051
Aug 20051744761.519.80$11,163
Jul 200502255.697.84$173
Jun 20051932,02552.337.38$25,046
May 200518960845.226.65$12,590
Apr 2005146849.207.36$3,494
Mar 200519563950.377.15$14,394
Feb 20051931,14245.226.31$15,936
Jan 200516443.166.32$448
Dec 200419599139.866.75$14,463
Nov 2004030845.286.33$1,950
Oct 20041981,36649.706.52$18,740
Sep 200417613143.245.28$8,302
Aug 200408342.375.55$461
Jul 20041921,63938.286.08$17,322
Jun 2004014036.106.43$901
May 20041821,70937.486.49$17,921
Apr 20041775434.475.86$6,418
Mar 200418669234.365.53$10,218
Feb 200401,16832.455.51$6,435
Jan 200418374732.036.30$10,567
Dec 2003090130.266.30$5,678
Nov 20033621,36128.804.60$16,680
Oct 200301,42728.174.76$6,792
Sep 20031844826.314.75$5,069
Aug 200302029.765.13$103
Jul 20031822,21629.415.17$16,811
Jun 20033472328.565.98$10,048
May 200301,49726.595.97$8,941
Apr 200308226.675.41$443
Mar 200318064831.146.10$9,555
Feb 20031831,54433.487.93$18,364
Jan 20033591,09630.315.58$16,999
Dec 2002094526.914.85$4,587
Nov 200201,13224.664.14$4,683
Oct 20021741,25326.464.23$9,903
Sep 20023621,09427.443.64$13,910
Aug 200201,71825.963.16$5,436
Jul 2002086224.583.06$2,639
Jun 20023511,22123.733.34$12,405
May 2002069624.663.58$2,494
Apr 200201,13123.653.51$3,972
Mar 20021851,52922.003.10$8,814
Feb 2002094518.222.38$2,245
Jan 20021871,16817.172.38$5,986
Dec 20011831,46316.932.36$6,557
Nov 20011792,91618.072.41$10,249
Oct 2001044819.782.53$1,133
Sep 20013542,28224.262.25$13,726
Aug 20011801,25524.873.05$8,308
Jul 20013552,76923.933.20$17,348
Jun 200102,37624.563.82$9,086
May 20011771,26825.524.31$9,979
Apr 20011841,94124.685.34$14,897
Mar 20013641,43924.545.38$16,669
Feb 2001036627.755.77$2,111
Jan 2001059027.478.40$4,955
Dec 20003701,55226.889.12$24,104
Nov 20001821,57532.215.66$14,774
Oct 20001831,69731.235.15$14,447
Sep 20001781,32631.875.19$12,550
Aug 20003542,06729.644.54$19,878
Jul 20003601,69528.534.09$17,203
Jun 200001,85229.304.40$8,144
May 20003532,13227.263.68$17,468
Apr 20003492,15524.513.12$15,269
Mar 200002,36628.422.86$6,766
Feb 20001812,09227.622.73$10,703
Jan 20003661,86225.272.48$13,868
Dec 19995471,79724.282.42$17,637
Nov 19991882,18723.192.43$9,683
Oct 19991862,78720.982.80$11,716
Sep 19991831,58421.752.62$8,129
Aug 199936321219.262.88$7,601
Jul 1999621317.892.37$613
Jun 1999021415.942.36$505
May 1999021515.792.32$499
Apr 19993621,04915.102.21$7,782
Mar 199901,39912.471.84$2,572
Feb 19991791,2159.981.82$3,995
Jan 19993551,62710.381.90$6,776
Dec 19981821,5219.201.77$4,372
Nov 19981811,81110.892.19$5,929
Oct 19981841,82012.421.97$5,869
Sep 19983551,20712.592.08$6,983
Aug 199801,60211.301.91$3,056
Jul 19983571,30711.742.24$7,115
Jun 19981771,44711.242.24$5,227
May 19983571,36412.622.21$7,515
Apr 1998073213.042.51$1,834
Mar 19983611,93012.802.31$9,078
Feb 19981821,70813.952.30$6,466
Jan 199835695614.702.15$7,293
Dec 19973592,03616.322.41$10,768
Nov 199701,99818.193.09$6,170
Oct 19973612,25219.253.15$14,043
Sep 19977142,35417.742.95$19,622
Aug 19973502,10017.862.55$11,616
Jul 19973532,62917.582.25$12,113
Jun 19977172,64417.242.26$18,329
May 19977142,54518.972.31$19,420
Apr 19977162,65917.882.08$18,340
Mar 19971,0791,65618.951.94$23,658
Feb 19971,0821,30320.492.21$25,044
Jan 19973621,22423.483.54$12,832
Dec 19967001,26623.32$16,324
Nov 19961,07996721.97$23,706
Oct 19961,0811,00523.31$25,198
Sep 19967061,22522.22$15,687
Aug 19967101,35520.26$14,385
Jul 19967111,54119.55$13,900
Jun 19961,0681,13918.73$20,004
May 199671675719.43$13,912
Apr 199635954221.51$7,722
Mar 199625856319.38$5,000
Feb 1996055016.98$0
Jan 199616997717.07$2,885
Dec 19951861,18917.19$3,197
Nov 19953631,44516.00$5,808
Oct 19953531,50315.43$5,447
Sep 19953561,54316.18$5,760
Aug 19951871,65115.92$2,977
Jul 19953571,74315.24$5,441
Jun 199501,82816.41$0
May 19953441,84517.56$6,041
Apr 19951851,40517.73$3,280
Mar 19953741,14816.44$6,149
Feb 19953561,01116.58$5,902
Jan 199518198715.92$2,882
Dec 199435997215.03$5,396
Nov 19943591,05415.90$5,708
Oct 19943561,48815.58$5,546
Sep 19945461,99615.29$8,348
Aug 19945222,37416.13$8,420
Jul 19941821,64017.56$3,196
Jun 19941517.09$17
May 199417516515.88$2,779
Apr 199409714.14$0
Mar 199418416212.46$2,293
Feb 1994011512.50$0
Jan 1994014912.66$0
Dec 199318417912.33$2,269
Nov 1993015314.49$0
Oct 199318014715.85$2,853
Sep 199318017215.03$2,705
Aug 1993018915.66$0
Jul 199317818615.46$2,752
Jun 1993013816.79$0
May 199315412817.68$2,723
Apr 199311717118.05$2,112
Mar 199314218918.14$2,576
Feb 199317818817.90$3,186
Jan 1993023516.93$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                  174 bbl  × $106.41 =    $18,515
Casinghead gas       503 Mcf  × $  3.05 =     $1,532

────────────────────────────────────────────────────
Month total                                  $20,047

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/12296 is the state's own key, not one this site invented.