GLADYS

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 12350District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$8.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$18 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
OilDisposition59,341 bbl$1,810,980
Casinghead gasProduction1,473,627 Mcf$6,782,679
Total$8,593,660

59,060 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 30.2944, -96.7354. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.29440, -96.73536 · 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
8,879 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 8,879 ft.

Completions filed
Sep 2005
1 of 1 wells

1 well

42-2873047818,879 ftSep 2005

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 2026031163.503.75$1,166
Jan 2026034459.138.00$2,751
Dec 2025040756.664.41$1,796
Nov 2025064558.593.93$2,533
Oct 2025059959.383.30$1,980
Sep 2025061762.743.08$1,898
Aug 2025055863.933.01$1,682
Jul 2025071766.743.32$2,377
Jun 2025073266.483.13$2,290
May 20257668160.553.23$6,803
Apr 2025075162.363.54$2,661
Mar 2025069567.704.27$2,966
Feb 202501,27770.884.34$5,543
Jan 2025053574.324.28$2,289
Dec 20246733868.993.12$5,677
Nov 2024068869.052.20$1,513
Oct 2024066971.372.28$1,526
Sep 2024065169.612.36$1,539
Aug 2024084675.632.06$1,746
Jul 2024078679.932.15$1,687
Jun 20247784378.082.63$8,233
May 202401,16778.812.20$2,566
Apr 2024023284.451.66$385
Mar 2024075080.301.55$1,159
Feb 20245380776.091.78$5,472
Jan 2024074473.023.30$2,453
Dec 20235287271.262.61$5,982
Nov 20235777977.892.81$6,627
Oct 2023077185.443.09$2,380
Sep 2023089189.042.74$2,437
Aug 2023098780.522.67$2,638
Jul 20237489574.852.64$7,903
Jun 2023075568.962.26$1,705
May 2023096570.622.23$2,149
Apr 202310191978.122.24$9,947
Mar 2023089072.852.39$2,130
Feb 2023080575.112.47$1,985
Jan 20236184076.533.39$7,514
Dec 2022086076.415.73$4,927
Nov 2022086685.005.65$4,890
Oct 202210484987.185.86$14,045
Sep 2022088984.888.16$7,258
Aug 2022099494.529.13$9,072
Jul 20220976101.587.54$7,361
Jun 2022100878115.097.98$18,513
May 20220898109.378.43$7,573
Apr 20220967104.226.84$6,612
Mar 202201,174108.885.08$5,960
Feb 202215089291.054.86$17,992
Jan 202201,10981.844.54$5,032
Dec 202101,00571.323.90$3,919
Nov 202113094477.435.24$15,009
Oct 202101,09779.795.71$6,268
Sep 202101,00269.865.35$5,362
Aug 202117793266.024.22$15,619
Jul 2021094570.783.98$3,763
Jun 2021089469.493.38$3,022
May 202101,04163.483.02$3,141
Apr 2021083760.362.76$2,309
Mar 202101,00661.302.72$2,733
Feb 20215377157.805.55$7,341
Jan 202101,01450.412.81$2,850
Dec 20201891,11844.642.68$11,428
Nov 202001,00338.772.71$2,715
Oct 2020093036.972.48$2,305
Sep 202001,04537.091.99$2,081
Aug 202001,06439.982.39$2,538
Jul 202001,09238.371.83$1,993
Jun 202001,10334.901.69$1,864
May 202001,18016.921.81$2,141
Apr 20201061,08814.751.80$3,527
Mar 202001,29430.341.86$2,402
Feb 202001,07849.881.98$2,135
Jan 202001,01557.252.09$2,126
Dec 2019095659.012.30$2,203
Nov 201910388455.302.75$8,128
Oct 2019089653.472.42$2,167
Sep 2019096355.052.66$2,559
Aug 201901,59653.112.30$3,678
Jul 201901,55956.272.46$3,835
Jun 201901,63152.782.49$4,063
May 201901,29358.482.74$3,543
Apr 20191001,56562.632.75$10,568
Mar 201901,61056.803.06$4,930
Feb 201901,48750.852.79$4,152
Jan 201901,65346.033.23$5,336
Dec 2018681,74346.594.19$10,463
Nov 201801,75352.934.24$7,428
Oct 201801,86961.443.40$6,351
Sep 201801,70459.543.11$5,296
Aug 201801,12059.403.07$3,435
Jul 2018098365.142.93$2,882
Jun 2018061860.183.08$1,902
May 20181762,91565.382.90$19,963
Apr 201801,50563.842.90$4,366
Mar 201804261.222.79$117
Feb 2018641,98761.782.77$9,450
Jan 2018612,24862.874.01$12,848
Dec 201702,48357.272.92$7,254
Nov 201702,40455.423.12$7,497
Oct 201703,09449.292.98$9,232
Sep 201702,72647.523.09$8,416
Aug 2017921,92745.373.00$9,964
Jul 201702,34043.873.09$7,224
Jun 2017892,25342.493.09$10,737
May 201702,43245.373.26$7,937
Apr 2017662,32447.933.21$10,627
Mar 2017842,50546.772.98$11,403
Feb 2017712,14350.452.95$9,909
Jan 201702,47949.413.42$8,475
Dec 20161372,55048.763.72$16,173
Nov 201602,45442.492.64$6,489
Oct 201602,77346.193.09$8,569
Sep 201602,73041.553.10$8,465
Aug 201602,97841.442.92$8,709
Jul 201603,16241.622.92$9,247
Jun 2016883,10845.352.69$12,338
May 201602,94642.521.99$5,866
Apr 2016633,03436.561.99$8,344
Mar 201603,06033.011.79$5,490
Feb 201603,00026.472.06$6,191
Jan 201603,39827.352.36$8,034
Dec 2015553,02332.362.00$7,830
Nov 201502,86838.792.17$6,216
Oct 2015993,08343.552.43$11,793
Sep 201502,93842.992.76$8,104
Aug 2015722,77540.162.87$10,863
Jul 2015463,01048.152.95$11,080
Jun 201503,01356.152.88$8,686
May 2015943,32355.212.96$15,011
Apr 2015592,95149.822.71$10,926
Mar 201503,17442.892.93$9,315
Feb 2015742,83744.662.98$11,748
Jan 20151163,10943.433.10$14,678
Dec 2014743,24454.693.59$15,697
Nov 2014973,23070.464.25$20,568
Oct 2014893,31178.303.90$19,885
Sep 201403,35986.164.05$13,589
Aug 20141143,38889.394.04$23,861
Jul 20141303,42696.564.18$26,872
Jun 20141133,24598.164.74$26,463
May 20141193,36594.734.73$27,178
Apr 20141163,24895.944.81$26,749
Mar 20141093,31695.895.06$27,220
Feb 201403,02997.406.19$18,756
Jan 20141173,33190.404.86$26,768
Dec 201303,46791.824.35$15,097
Nov 201303,41688.853.74$12,770
Oct 201303,66497.423.78$13,848
Sep 2013483,538104.113.72$18,151
Aug 201303,594104.253.52$12,660
Jul 201303,542102.523.72$13,168
Jun 201303,44694.403.93$13,555
May 201303,68694.834.15$15,294
Apr 201301,60593.964.28$6,874
Mar 201303,18093.623.91$12,443
Feb 20131113,10491.233.42$20,742
Jan 201303,17091.603.42$10,841
Dec 201203,58986.773.42$12,275
Nov 201203,43386.953.62$12,444
Oct 2012793,58789.383.40$19,256
Sep 201203,65794.672.92$10,673
Aug 201203,73392.662.91$10,856
Jul 201203,86185.133.02$11,663
Jun 201203,63479.822.52$9,154
May 201203,72691.612.49$9,271
Apr 2012763,486101.652.00$14,686
Mar 201203,598105.052.22$7,995
Feb 2012943,374101.102.57$18,175
Jan 20122533,22398.092.73$33,629
Dec 2011722,79196.873.24$16,017
Nov 20111083,73295.723.31$22,695
Oct 201103,80184.983.65$13,868
Sep 201103,70083.623.99$14,747
Aug 201103,88283.404.15$16,108
Jul 201103,73494.144.52$16,867
Jun 201103,66592.904.64$17,005
May 201103,90098.134.40$17,179
Apr 201103,711105.964.33$16,081
Mar 201104,04696.364.06$16,416
Feb 20111223,62985.644.18$25,617
Jan 201104,11786.504.59$18,892
Dec 201004,20085.734.35$18,261
Nov 201003,98480.843.80$15,121
Oct 201004,39978.103.51$15,436
Sep 201004,60972.633.98$18,341
Aug 201004,67573.684.42$20,661
Jul 201004,82072.554.74$22,830
Jun 201004,77570.364.91$23,447
May 201005,45771.124.24$23,112
Apr 2010923,86981.694.12$23,466
Mar 201004,53478.394.39$19,898
Feb 201003,71073.585.44$20,191
Jan 201004,23374.365.96$25,246
Dec 200904,12371.445.48$22,610
Nov 200904,09374.593.75$15,355
Oct 200904,38172.544.11$18,007
Sep 2009474,25465.543.06$16,118
Aug 200904,44967.423.22$14,319
Jul 200904,73161.133.46$16,391
Jun 200904,50566.163.90$17,547
May 200904,80054.743.93$18,844
Apr 200904,84246.773.59$17,371
Mar 200904,89942.144.06$19,885
Feb 2009854,58532.814.63$24,031
Jan 200905,18235.865.37$27,833
Dec 200805,18137.105.98$30,968
Nov 200805,21055.496.86$35,742
Oct 200805,56175.246.92$38,493
Sep 200804,208101.767.88$33,147
Aug 200805,238114.228.48$44,434
Jul 200805,330131.0811.39$60,706
Jun 200804,976131.3313.03$64,850
May 200805,240123.1711.57$60,649
Apr 200805,259110.3110.45$54,982
Mar 2008825,487101.909.66$61,383
Feb 200805,13092.538.77$44,993
Jan 20081755,59490.388.21$61,719
Dec 200705,63788.337.30$41,161
Nov 200705,55591.677.29$40,505
Oct 200705,99182.856.92$41,470
Sep 200705,84075.846.24$36,466
Aug 200705,93969.066.39$37,938
Jul 200704,97870.906.39$31,799
Jun 200704,55262.007.55$34,361
May 200705,56258.747.85$43,641
Apr 200705,22659.617.81$40,790
Mar 200705,40956.927.30$39,496
Feb 20071884,99955.108.22$51,431
Jan 200704,08450.306.73$27,472
Dec 200605,05756.656.92$34,987
Nov 200604,00254.207.62$30,485
Oct 20061873,56254.906.01$31,687
Sep 20061763,90460.085.04$30,239
Aug 200604,98268.717.34$36,567
Jul 20061746,40269.376.34$52,677
Jun 20061826,40566.286.38$52,952
May 20061856,03466.016.42$50,980
Apr 200615,70064.397.36$42,019
Mar 20063608,91956.707.08$83,585
Feb 200605,67957.597.75$44,019
Jan 20061877,04760.598.93$74,283
Dec 20051817,92254.9413.42$116,221
Nov 200506,14654.6910.59$65,076
Oct 20053607,53758.3413.80$124,981
Sep 200501,96061.4512.08$23,675
Aug 20051843,54861.519.80$46,077
Jul 20051863,56855.697.84$38,344
Jun 200503,34152.337.38$24,660
May 20051753,44945.226.65$30,853
Apr 20051733,26049.207.36$32,507
Mar 200503,57750.377.15$25,593
Feb 20051813,23345.226.31$28,591
Jan 20051873,56943.166.32$30,635
Dec 20041843,90339.866.75$33,684
Nov 20041824,06945.286.33$33,999
Oct 200404,24249.706.52$27,637
Sep 20041813,34843.245.28$25,517
Aug 20041794,14542.375.55$30,592
Jul 200404,13038.286.08$25,128
Jun 20041813,92636.106.43$31,790
May 20041824,11737.486.49$33,560
Apr 20041854,12534.475.86$30,543
Mar 20041854,33934.365.53$30,352
Feb 20041814,55832.455.51$30,986
Jan 20041815,43832.036.30$40,055
Dec 200304,59030.266.30$28,925
Nov 20031805,20328.804.60$29,093
Oct 20031925,18028.174.76$30,064
Sep 20031905,15326.314.75$29,472
Aug 20031905,27029.765.13$32,688
Jul 200305,76829.415.17$29,825
Jun 20031845,54828.565.98$38,449
May 20031825,33126.595.97$36,680
Apr 20031944,74126.675.41$30,810
Mar 20031905,92131.146.10$42,011
Feb 20031875,54933.487.93$50,241
Jan 20031996,36730.315.58$41,573
Dec 20021856,93126.914.85$38,620
Nov 20021895,80024.664.14$28,655
Oct 200205,38026.464.23$22,753
Sep 200203,71427.443.64$13,501
Aug 20021834,02525.963.16$17,486
Jul 20023845,12024.583.06$25,115
Jun 20021885,60323.733.34$23,165
May 20023597,19924.663.58$34,654
Apr 20023688,86623.653.51$39,843
Mar 20021938,88722.003.10$31,820
Feb 20023888,64018.222.38$27,595
Jan 20023836,68417.172.38$22,455
Dec 20011928,60616.932.36$23,599
Nov 200155310,37218.072.41$34,943
Oct 200137311,16919.782.53$35,623
Sep 200175113,41424.262.25$48,418
Aug 200175717,98424.873.05$73,735
Jul 200156814,68623.933.20$60,545
Jun 200174813,88924.563.82$71,485
May 200175014,34925.524.31$80,946
Apr 200178015,50624.685.34$101,980
Mar 200195818,20524.545.38$121,387
Feb 200157217,17327.755.77$114,911
Jan 200195019,40827.478.40$189,100
Dec 200093618,83426.889.12$196,973
Nov 200078618,26732.215.66$128,672
Oct 20001,10721,44831.235.15$144,932
Sep 20001,12024,43431.875.19$162,421
Aug 20001,29629,55029.644.54$172,593
Jul 20001,62130,98028.534.09$172,948
Jun 20002,11833,01229.304.40$207,219
May 20002,55235,31827.263.68$199,529
Apr 20002,73741,51624.513.12$196,448
Mar 20004,66436,98528.422.86$238,319
Feb 20001863,04327.622.73$13,434
Jan 200012956325.272.48$4,656
Dec 1999056224.282.42$1,362
Nov 199917959623.192.43$5,602
Oct 1999065520.982.80$1,836
Sep 1999065421.752.62$1,713
Aug 1999070319.262.88$2,022
Jul 199917978517.892.37$5,065
Jun 1999079915.942.36$1,887
May 1999087115.792.32$2,022
Apr 1999093715.102.21$2,069
Mar 19991781,04112.471.84$4,133
Feb 199909919.981.82$1,801
Jan 19991821,12810.381.90$4,032
Dec 19981658149.201.77$2,961
Nov 199819383410.892.19$3,925
Oct 199818291712.421.97$4,066
Sep 199818993812.592.08$4,333
Aug 19981741,07211.301.91$4,011
Jul 199801,07611.742.24$2,407
Jun 19981681,02611.242.24$4,184
May 19981771,10112.622.21$4,663
Apr 19981821,06813.042.51$5,049
Mar 19981851,14212.802.31$5,005
Feb 19981821,01113.952.30$4,863
Jan 19981811,12814.702.15$5,091
Dec 19971761,04116.322.41$5,382
Nov 19971811,06918.193.09$6,594
Oct 19971701,16419.253.15$6,939
Sep 19971781,16617.742.95$6,603
Aug 19971741,16717.862.55$6,089
Jul 19971751,21417.582.25$5,804
Jun 19971771,18617.242.26$5,729
May 19971731,24318.972.31$6,151
Apr 19971761,16917.882.08$5,582
Mar 19971761,20618.951.94$5,674
Feb 19971801,08520.492.21$6,082
Jan 19971771,28023.483.54$8,687
Dec 19961901,19523.32$4,431
Nov 19961831,20521.97$4,021
Oct 19961771,15823.31$4,126
Sep 19961891,15622.22$4,200
Aug 19963281,26620.26$6,645
Jul 199601,39119.55$0
Jun 19961921,14418.73$3,596
May 19962121,15919.43$4,119
Apr 19963681,09521.51$7,916
Mar 199601,18519.38$0
Feb 19962071,21216.98$3,515
Jan 19963271,19317.07$5,582
Dec 19953501,18717.19$6,017
Nov 19953431,17216.00$5,488
Oct 199501,14415.43$0
Sep 19953421,16816.18$5,534
Aug 19953181,24315.92$5,063
Jul 199501,30315.24$0
Jun 19953761,22616.41$6,170
May 199501,32017.56$0
Apr 19953401,27417.73$6,028
Mar 19953691,19116.44$6,066
Feb 1995094916.58$0
Jan 19953571,06515.92$5,683
Dec 19943711,06415.03$5,576
Nov 19943811,18215.90$6,058
Oct 199401,20715.58$0
Sep 19943561,17515.29$5,443
Aug 199401,23716.13$0
Jul 19943501,27217.56$6,146
Jun 19943801,24217.09$6,494
May 199401,25515.88$0
Apr 19943781,21514.14$5,345
Mar 19943861,30312.46$4,810
Feb 19943861,12412.50$4,825
Jan 199401,22912.66$0
Dec 19933731,28712.33$4,599
Nov 19933641,25814.49$5,274
Oct 199301,46315.85$0
Sep 19933611,34815.03$5,426
Aug 19933791,41915.66$5,935
Jul 19933741,34715.46$5,782
Jun 199301,32916.79$0
May 19933401,32617.68$6,011
Apr 19933861,25218.05$6,967
Mar 19933901,35318.14$7,075
Feb 199301,22117.90$0
Jan 19933831,35116.93$6,484

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.

Feb 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 63.50 =         $0
Casinghead gas       311 Mcf  × $  3.75 =     $1,166

────────────────────────────────────────────────────
Month total                                   $1,166

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/12350 is the state's own key, not one this site invented.