MINERVA

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 12395District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$38 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
OilDisposition108,766 bbl$4,412,069
Casinghead gasProduction101,454 Mcf$238,155
Total$4,650,223

37,960 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 30.3575, -96.7818. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.35755, -96.78181 · 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
9,930 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 9,930 ft.

Completions filed
Jan 1995
1 of 1 wells

1 well

42-2873049319,930 ftJan 1995

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 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250456.664.41$18
Nov 20251658.593.93$82
Oct 20251832459.383.30$10,946
Sep 20250062.743.08$0
Aug 2025420463.933.01$26,863
Jul 20250566.743.32$17
Jun 202513266.483.13$167
May 20251691460.553.23$10,278
Apr 202512562.363.54$151
Mar 202516667.704.27$349
Feb 202502070.884.34$87
Jan 2025262074.324.28$19,472
Dec 202413568.993.12$178
Nov 20241901969.052.20$13,161
Oct 20241883171.372.28$13,488
Sep 20241869.612.36$89
Aug 20241622675.632.06$12,306
Jul 20240079.932.15$0
Jun 2024179078.082.63$13,976
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20241915380.301.55$15,419
Feb 202414176.091.78$149
Jan 20241916673.023.30$14,164
Dec 20231815871.262.61$13,049
Nov 202305077.892.81$140
Oct 20231833385.443.09$15,737
Sep 202303489.042.74$93
Aug 20231833280.522.67$14,821
Jul 20231775674.852.64$13,396
Jun 202304368.962.26$97
May 202309270.622.23$205
Apr 20233475178.122.24$27,222
Mar 2023014772.852.39$352
Feb 20230075.112.47$0
Jan 20231806576.533.39$13,996
Dec 20221812076.415.73$13,945
Nov 202201285.005.65$68
Oct 20221516087.185.86$13,516
Sep 20221936384.888.16$16,896
Aug 202205394.529.13$484
Jul 202217347101.587.54$17,928
Jun 202218632115.097.98$21,662
May 2022070109.378.43$590
Apr 2022185130104.226.84$20,170
Mar 202218210108.885.08$19,867
Feb 202201391.054.86$63
Jan 20221776281.844.54$14,767
Dec 202117571.323.90$364
Nov 20211956277.435.24$15,424
Oct 20211837279.795.71$15,013
Sep 2021010069.865.35$535
Aug 202118413366.024.22$12,709
Jul 2021184870.783.98$13,055
Jun 202118411369.493.38$13,168
May 2021010263.483.02$308
Apr 20211896560.362.76$11,587
Mar 202118914161.302.72$11,969
Feb 20210457.805.55$22
Jan 20211956450.412.81$10,010
Dec 20201942144.642.68$8,716
Nov 20201921738.772.71$7,490
Oct 202007936.972.48$196
Sep 20201931437.091.99$7,186
Aug 20201835939.982.39$7,457
Jul 20203705438.371.83$14,295
Jun 20201865934.901.69$6,591
May 202009516.921.81$172
Apr 20201692714.751.80$2,541
Mar 20201728830.341.86$5,382
Feb 20201693649.881.98$8,501
Jan 202016510857.252.09$9,672
Dec 20191652759.012.30$9,799
Nov 2019012655.302.75$347
Oct 20191666353.472.42$9,028
Sep 201933217355.052.66$18,736
Aug 201906953.112.30$159
Jul 201933014456.272.46$18,923
Jun 201916715952.782.49$9,210
May 20191667558.482.74$9,913
Apr 20190062.632.75$0
Mar 20190656.803.06$18
Feb 201902350.852.79$64
Jan 20191722946.033.23$8,011
Dec 20183403446.594.19$15,983
Nov 20181762852.934.24$9,434
Oct 20181663861.443.40$10,328
Sep 20181654059.543.11$9,948
Aug 20181736259.403.07$10,466
Jul 20181736065.142.93$11,445
Jun 20181706060.183.08$10,415
May 20181665265.382.90$11,004
Apr 20181695963.842.90$10,960
Mar 201817111561.222.79$10,789
Feb 201817220261.782.77$11,185
Jan 201831414462.874.01$20,319
Dec 201711957.272.92$113
Nov 20171894855.423.12$10,624
Oct 201716915149.292.98$8,781
Sep 20171749447.523.09$8,559
Aug 20171699445.373.00$7,950
Jul 20171816643.873.09$8,144
Jun 201716911042.493.09$7,520
May 20171718245.373.26$8,026
Apr 20173399047.933.21$16,537
Mar 201708246.772.98$245
Feb 20173409650.452.95$17,436
Jan 20171688949.413.42$8,605
Dec 20163367548.763.72$16,663
Nov 201617510242.492.64$7,705
Oct 20161637246.193.09$7,751
Sep 20161679441.553.10$7,230
Aug 201617217041.442.92$7,625
Jul 20161696241.622.92$7,215
Jun 201616412245.352.69$7,765
May 201616627042.521.99$7,596
Apr 20160636.561.99$12
Mar 20163282933.011.79$10,879
Feb 20161636026.472.06$4,438
Jan 201616612727.352.36$4,840
Dec 201516913632.362.00$5,741
Nov 201517110838.792.17$6,867
Oct 201517011543.552.43$7,683
Sep 201533616142.992.76$14,889
Aug 201516312940.162.87$6,917
Jul 201516311148.152.95$8,175
Jun 201533217656.152.88$19,149
May 201516610755.212.96$9,481
Apr 201533710149.822.71$17,063
Mar 201533121242.892.93$14,819
Feb 201512744.662.98$125
Jan 201512243.433.10$112
Dec 201435312854.693.59$19,765
Nov 2014013070.464.25$553
Oct 20143475878.303.90$27,396
Sep 20141709086.164.05$15,011
Aug 201417417689.394.04$16,264
Jul 201433912596.564.18$33,256
Jun 201417010598.164.74$17,185
May 201417710394.734.73$17,254
Apr 20141769295.944.81$17,328
Mar 201435111595.895.06$34,239
Feb 20141799997.406.19$18,048
Jan 201434114190.404.86$31,512
Dec 201334311491.824.35$31,991
Nov 20131719288.853.74$15,537
Oct 201316819097.423.78$17,085
Sep 2013173145104.113.72$18,550
Aug 2013350180104.253.52$37,122
Jul 2013337151102.523.72$35,111
Jun 201317623194.403.93$17,523
May 201317119094.834.15$17,004
Apr 201317114493.964.28$16,684
Mar 201334814793.623.91$33,155
Feb 201317420591.233.42$16,575
Jan 201334818491.603.42$32,506
Dec 201218019086.773.42$16,268
Nov 201234818786.953.62$30,936
Oct 201235120689.383.40$32,073
Sep 201217219894.672.92$16,861
Aug 201235525292.662.91$33,627
Jul 201235928785.133.02$31,429
Jun 201235223779.822.52$28,694
May 201235231991.612.49$33,040
Apr 2012354361101.652.00$36,705
Mar 2012531267105.052.22$56,375
Feb 2012357424101.102.57$37,182
Jan 201201398.092.73$36
Dec 201121196.873.24$229
Nov 20111791495.723.31$17,180
Oct 201102384.983.65$84
Sep 20111852383.623.99$15,561
Aug 20113593183.404.15$30,069
Jul 20111801694.144.52$17,017
Jun 20110392.904.64$14
May 20110798.134.40$31
Apr 201136363105.964.33$38,736
Mar 20113487296.364.06$33,825
Feb 20111797385.644.18$15,635
Jan 20111795686.504.59$15,740
Dec 20101585.734.35$107
Nov 201018113980.843.80$15,160
Oct 20101828478.103.51$14,509
Sep 20101826372.633.98$13,469
Aug 20101689973.684.42$12,816
Jul 201011072.554.74$120
Jun 20102417370.364.91$17,315
May 2010364771.124.24$25,917
Apr 201017618781.694.12$15,148
Mar 20101693878.394.39$13,415
Feb 20101764173.585.44$13,173
Jan 201017310674.365.96$13,496
Dec 200917715471.445.48$13,489
Nov 2009175674.593.75$13,076
Oct 200917719572.544.11$13,641
Sep 20090165.543.06$3
Aug 2009174767.423.22$11,754
Jul 20091738461.133.46$10,867
Jun 200917414466.163.90$12,073
May 20091707954.743.93$9,616
Apr 2009175646.773.59$8,206
Mar 200935113542.144.06$15,339
Feb 200906332.814.63$292
Jan 20091827235.865.37$6,913
Dec 2008176737.105.98$6,571
Nov 20081858355.496.86$10,835
Oct 20081838675.246.92$14,364
Sep 2008179139101.767.88$19,310
Aug 2008357192114.228.48$42,405
Jul 200817971131.0811.39$24,272
Jun 2008184107131.3313.03$25,559
May 200818086123.1711.57$23,166
Apr 200818292110.3110.45$21,038
Mar 200817962101.909.66$18,839
Feb 20081837992.538.77$17,626
Jan 200817811890.388.21$17,056
Dec 20071756788.337.30$15,947
Nov 20073539191.677.29$33,023
Oct 2007113282.856.92$997
Sep 200717712475.846.24$14,198
Aug 2007353669.066.39$24,417
Jul 200717711170.906.39$13,258
Jun 200717620762.007.55$12,475
May 2007175858.747.85$10,342
Apr 200717817159.617.81$11,945
Mar 20071779556.927.30$10,769
Feb 20071767055.108.22$10,273
Jan 20071756150.306.73$9,213
Dec 200617716556.656.92$11,169
Nov 20063559254.207.62$19,942
Oct 200617912954.906.01$10,603
Sep 200634918660.085.04$21,905
Aug 200617534968.717.34$14,586
Jul 20060069.376.34$0
Jun 2006173966.286.38$11,524
May 20061767266.016.42$12,080
Apr 200617323364.397.36$12,854
Mar 20063504556.707.08$20,164
Feb 20061776757.597.75$10,713
Jan 200617813260.598.93$11,964
Dec 200535314754.9413.42$21,366
Nov 20051778154.6910.59$10,538
Oct 200517411258.3413.80$11,696
Sep 200517214761.4512.08$12,345
Aug 200517712561.519.80$12,112
Jul 200535019955.697.84$21,052
Jun 200517719652.337.38$10,709
May 200517919545.226.65$9,391
Apr 200535418949.207.36$18,808
Mar 200535019950.377.15$19,053
Feb 200518214345.226.31$9,133
Jan 200535216643.166.32$16,242
Dec 200435221039.866.75$15,448
Nov 200417715045.286.33$8,964
Oct 200435018049.706.52$18,568
Sep 200435026943.245.28$16,555
Aug 200417518942.375.55$8,464
Jul 200434921638.286.08$14,674
Jun 200435527336.106.43$14,572
May 200435123037.486.49$14,649
Apr 200417522534.475.86$7,350
Mar 200435021534.365.53$13,215
Feb 200435125532.455.51$12,795
Jan 200434630032.036.30$12,972
Dec 200335231330.266.30$12,624
Nov 200317530328.804.60$6,432
Oct 200333929928.174.76$10,973
Sep 200337525126.314.75$11,058
Aug 200318628429.765.13$6,992
Jul 200337431429.415.17$12,623
Jun 200318824528.565.98$6,835
May 200337026726.595.97$11,433
Apr 20033755526.675.41$10,299
Mar 200319030131.146.10$7,752
Feb 200337518233.487.93$13,998
Jan 200318726830.315.58$7,164
Dec 200238326426.914.85$11,588
Nov 200218621024.664.14$5,456
Oct 200237422626.464.23$10,852
Sep 200237626727.443.64$11,288
Aug 200236629825.963.16$10,444
Jul 200238030024.583.06$10,259
Jun 200218526123.733.34$5,261
May 200254627424.663.58$14,446
Apr 200218520023.653.51$5,078
Mar 200237126822.003.10$8,994
Feb 200237326718.222.38$7,430
Jan 200237125817.172.38$6,983
Dec 200138533316.932.36$7,305
Nov 200138023818.072.41$7,439
Oct 200137830919.782.53$8,258
Sep 200136533524.262.25$9,609
Aug 200137427024.873.05$10,126
Jul 200137232523.933.20$9,941
Jun 200137728924.563.82$10,364
May 200137635825.524.31$11,138
Apr 200138129024.685.34$10,950
Mar 200138734824.545.38$11,368
Feb 200158335627.755.77$18,231
Jan 200119643427.478.40$9,029
Dec 200018618726.889.12$6,706
Nov 200057533232.215.66$20,399
Oct 200037634831.235.15$13,533
Sep 200036741431.875.19$13,844
Aug 200055442829.644.54$18,364
Jul 200035746628.534.09$12,091
Jun 200056447429.304.40$18,610
May 200036038927.263.68$11,245
Apr 200037143824.513.12$10,458
Mar 200055542228.422.86$16,980
Feb 200055835027.622.73$16,366
Jan 200038041925.272.48$10,642
Dec 199956145224.282.42$14,717
Nov 199937542523.192.43$9,731
Oct 199956044120.982.80$12,985
Sep 199955145121.752.62$13,165
Aug 199937952719.262.88$8,815
Jul 199955147417.892.37$10,982
Jun 199936953315.942.36$7,141
May 199954858315.792.32$10,006
Apr 199936359815.102.21$6,802
Mar 199956158512.471.84$8,071
Feb 19993704319.981.82$4,476
Jan 199954857710.381.90$6,785
Dec 19983735449.201.77$4,396
Nov 199855348110.892.19$7,074
Oct 199855964312.421.97$8,209
Sep 199856861512.592.08$8,432
Aug 199894265611.301.91$11,896
Jul 199837371011.742.24$5,967
Jun 199837958111.242.24$5,560
May 199855270412.622.21$8,520
Apr 199855573713.042.51$9,084
Mar 199894876512.802.31$13,901
Feb 199875486113.952.30$12,498
Jan 199838748614.702.15$6,736
Dec 199792594516.322.41$17,374
Nov 199736239718.193.09$7,811
Oct 199754643219.253.15$11,871
Sep 199773576917.742.95$15,311
Aug 199774386717.862.55$15,485
Jul 199771079117.582.25$14,259
Jun 199774981917.242.26$14,761
May 199755795018.972.31$12,759
Apr 199775388217.882.08$15,301
Mar 199774195218.951.94$15,888
Feb 199757292520.492.21$13,761
Jan 199777064623.483.54$20,366
Dec 199656377123.32$13,129
Nov 199654988821.97$12,062
Oct 19965711,12423.31$13,310
Sep 199655864022.22$12,399
Aug 199656593420.26$11,447
Jul 19965661,05719.55$11,065
Jun 19965691,05918.73$10,657
May 19965521,15419.43$10,725
Apr 19965561,00221.51$11,960
Mar 19965821,13319.38$11,279
Feb 19965661,24416.98$9,611
Jan 19967601,61617.07$12,973
Dec 199538253117.19$6,567
Nov 19959261,88516.00$14,816
Oct 199537580315.43$5,786
Sep 19957481,88316.18$12,103
Aug 19959242,39515.92$14,710
Jul 19955551,54215.24$8,458
Jun 19955601,80516.41$9,190
May 19959223,60917.56$16,190
Apr 19951,0942,59117.73$19,397
Mar 19951,4832,96716.44$24,381
Feb 19953,4243,23716.58$56,770
Jan 19952,4481,64215.92$38,972
Dec 1994155115.03$2,330
Nov 199411815.90$16
Oct 199401415.58$0
Sep 19941862015.29$2,844
Aug 199402216.13$0
Jul 199402017.56$0
Jun 19941812017.09$3,093
May 199401815.88$0
Apr 19941871814.14$2,644
Mar 199402212.46$0
Feb 19941811512.50$2,263
Jan 199401412.66$0
Dec 19931752212.33$2,158
Nov 199302614.49$0
Oct 199301615.85$0
Sep 19933482215.03$5,230
Aug 199302015.66$0
Jul 199301615.46$0
Jun 199302416.79$0
May 19931741417.68$3,076
Apr 199301618.05$0
Mar 19931722418.14$3,120
Feb 199302017.90$0
Jan 19931652616.93$2,793

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.

Dec 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 56.66 =         $0
Casinghead gas         4 Mcf  × $  4.41 =        $18

────────────────────────────────────────────────────
Month total                                      $18

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/12395 is the state's own key, not one this site invented.