JUDY

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 12546District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$18.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$268 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
OilDisposition179,951 bbl$13,962,796
Casinghead gasProduction883,606 Mcf$4,465,639
Total$18,428,434

29,494 Mcf of this lease's gas, across 42 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 (3)

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 30.2013, -96.7483. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles. 1 well has no surveyed location and is left out of it.

30.20130, -96.74829 · centre of 2 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
66.7%
2 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
10,200 ft
2 wells filed one
Completion to plug
42.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
133.3%

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 10,160 and 10,240 ft, median 10,200 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1979 – Mar 2008
2 of 3 wells; 1 filed none
Plug dates filed
Aug 2021
1 of 3 wells; 2 filed none

Last completion to plug: a median of 42.0 years across the 1 well that filed both dates, with the middle half between 42.0 years and 42.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-287800244530 FYes
42-28732544210,240 ftMar 2008
42-28730508110,160 ftAug 1979Aug 2021Yes

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 202618365598.932.87$19,984
Mar 20263701,14289.753.15$36,804
Feb 20268722,01363.503.75$62,921
Jan 20260059.138.00$0
Dec 202535369956.664.41$23,086
Nov 202518965558.593.93$13,645
Oct 20251791,14359.383.30$14,406
Sep 20253621,21462.743.08$26,447
Aug 20251801,24963.933.01$15,273
Jul 20251781,24566.743.32$16,007
Jun 20255111,74266.483.13$39,422
May 20251941,86060.553.23$17,759
Apr 20251,2375,28462.363.54$95,861
Mar 202501,40467.704.27$5,993
Feb 2025027970.884.34$1,211
Jan 20250074.324.28$0
Dec 2024181068.993.12$12,487
Nov 20240069.052.20$0
Oct 2024040071.372.28$913
Sep 20243491,19369.612.36$27,115
Aug 20243601,43475.632.06$30,186
Jul 20245251,42679.932.15$45,024
Jun 20245432,29078.082.63$48,429
May 20247164,05178.812.20$65,334
Apr 202418162284.451.66$16,317
Mar 20245312,31080.301.55$46,209
Feb 20247211,71576.091.78$57,920
Jan 20245441,80973.023.30$45,688
Dec 20233592,43971.262.61$31,950
Nov 20237182,04677.892.81$61,669
Oct 20237162,66885.443.09$69,412
Sep 20235322,60989.042.74$54,505
Aug 20237032,96480.522.67$64,528
Jul 20235333,26274.852.64$48,513
Jun 20237083,03168.962.26$55,669
May 20235503,42170.622.23$46,461
Apr 20238853,85678.122.24$77,765
Mar 20231,5127,29672.852.39$127,610
Feb 2023040075.112.47$986
Jan 202311,32776.533.39$4,572
Dec 20221816276.415.73$14,185
Nov 20225603,26885.005.65$66,052
Oct 20227434,17687.185.86$89,262
Sep 20228743,64184.888.16$103,909
Aug 20229273,80594.529.13$122,349
Jul 20225494,051101.587.54$86,320
Jun 20229753,930115.097.98$143,563
May 20221,8867,894109.378.43$272,842
Apr 20227392,646104.226.84$95,111
Mar 20220576108.885.08$2,924
Feb 2022021891.054.86$1,059
Jan 202218680581.844.54$18,875
Dec 20213581,65571.323.90$31,986
Nov 20213681,67177.435.24$37,245
Oct 20213821,85079.795.71$41,050
Sep 202137097769.865.35$31,076
Aug 20213801,55666.024.22$31,655
Jul 20211771,97070.783.98$20,373
Jun 20213772,07269.493.38$33,202
May 20211,2655,53463.483.02$97,002
Apr 2021028460.362.76$783
Mar 202117948061.302.72$12,277
Feb 2021036457.805.55$2,019
Jan 2021055950.412.81$1,571
Dec 202019454644.642.68$10,121
Nov 2020046138.772.71$1,248
Oct 20201881,17436.972.48$9,860
Sep 20201891,57737.091.99$10,150
Aug 20201871,66139.982.39$11,438
Jul 20205611,85138.371.83$24,904
Jun 20201791,57834.901.69$8,914
May 20201781,49516.921.81$5,725
Apr 20203661,58214.751.80$8,253
Mar 20201891,45230.341.86$8,430
Feb 20203731,44149.881.98$21,459
Jan 20201751,47057.252.09$13,098
Dec 20193641,50759.012.30$24,952
Nov 20191951,47555.302.75$14,841
Oct 20193731,64653.472.42$23,925
Sep 20191831,56955.052.66$14,243
Aug 20193571,65153.112.30$22,765
Jul 20191771,70256.272.46$14,147
Jun 20193651,51052.782.49$23,026
May 20191771,47858.482.74$14,401
Apr 20191831,49862.632.75$15,582
Mar 20193821,55956.803.06$26,471
Feb 20192011,43850.852.79$14,236
Jan 20193601,64146.033.23$21,868
Dec 20181891,56746.594.19$15,364
Nov 20183771,70552.934.24$27,179
Oct 20183651,76561.443.40$28,423
Sep 20183701,91259.543.11$27,972
Aug 20183642,05259.403.07$27,914
Jul 20183671,81365.142.93$29,222
Jun 20181881,77760.183.08$16,782
May 20183701,82065.382.90$29,470
Apr 20183761,73663.842.90$29,040
Mar 20181831,97261.222.79$16,699
Feb 20183742,10661.782.77$28,931
Jan 20187483,26162.874.01$60,101
Dec 20170057.272.92$0
Nov 20171711,87655.423.12$15,327
Oct 20173781,99349.292.98$24,578
Sep 20173802,02247.523.09$24,300
Aug 20173851,72845.373.00$22,659
Jul 20173822,15243.873.09$23,402
Jun 20173751,98942.493.09$22,074
May 20173852,13845.373.26$24,445
Apr 20173762,13047.933.21$24,862
Mar 20173802,18946.772.98$24,304
Feb 20173811,99550.452.95$25,112
Jan 20173722,39149.413.42$26,555
Dec 20163861,93548.763.72$26,025
Nov 20163862,04442.492.64$21,806
Oct 20163792,11346.193.09$24,036
Sep 20165652,10941.553.10$30,015
Aug 20163762,19041.442.92$21,986
Jul 20161882,18241.622.92$14,205
Jun 20163682,21645.352.69$22,641
May 20165572,36342.521.99$28,388
Apr 20163812,24636.561.99$18,401
Mar 20161922,39233.011.79$10,629
Feb 20165822,26326.472.06$20,076
Jan 20163902,42827.352.36$16,407
Dec 20153812,36832.362.00$17,069
Nov 20153832,50038.792.17$20,275
Oct 20155632,61543.552.43$30,864
Sep 20153862,57442.992.76$23,694
Aug 20155552,67340.162.87$29,967
Jul 20155612,66748.152.95$34,867
Jun 20155632,59156.152.88$39,082
May 20153562,62955.212.96$27,425
Apr 20153772,58349.822.71$25,773
Mar 20153882,55942.892.93$24,151
Feb 20155832,46644.662.98$33,376
Jan 20153852,79243.433.10$25,378
Dec 20145772,99954.693.59$42,327
Nov 20143902,76670.464.25$39,240
Oct 20143862,72378.303.90$40,846
Sep 20143772,65886.164.05$43,235
Aug 20143743,11089.394.04$45,981
Jul 20145623,12796.564.18$67,336
Jun 20145743,69098.164.74$73,823
May 20141923,61694.734.73$35,279
Apr 20145793,36195.944.81$71,713
Mar 20141912,71895.895.06$32,059
Feb 20143922,52597.406.19$53,816
Jan 20149653,32490.404.86$103,393
Dec 20133932,85891.824.35$48,530
Nov 20133702,92388.853.74$43,801
Oct 20135563,15597.423.78$66,089
Sep 20133832,980104.113.72$50,953
Aug 20133823,255104.253.52$51,290
Jul 20133793,468102.523.72$51,748
Jun 20135683,49894.403.93$67,378
May 20135804,14494.834.15$72,195
Apr 20133882,33693.964.28$46,461
Mar 20135673,71093.623.91$67,599
Feb 20133833,94991.233.42$48,446
Jan 20137714,47991.603.42$85,941
Dec 20125725,03086.773.42$66,836
Nov 20125513,84386.953.62$61,840
Oct 20125594,07289.383.40$63,807
Sep 20125484,05194.672.92$63,702
Aug 20125674,37192.662.91$65,250
Jul 20125694,71785.133.02$62,688
Jun 20127605,28779.822.52$73,981
May 20128876,94091.612.49$98,527
Apr 20121,1098,309101.652.00$129,321
Mar 20129354,108105.052.22$107,350
Feb 20125663,390101.102.57$65,936
Jan 20129664,01098.092.73$105,719
Dec 20119394,13396.873.24$104,351
Nov 20111,1343,93595.723.31$121,576
Oct 20111,1312,40184.983.65$104,873
Sep 20111,9033,39783.623.99$172,669
Aug 20115712,64883.404.15$58,609
Jul 20119493,77694.144.52$106,396
Jun 20115733,75292.904.64$70,641
May 20119504,32398.134.40$112,266
Apr 20111,1404,712105.964.33$141,213
Mar 20111,1545,38296.364.06$133,036
Feb 20111,1684,53585.644.18$118,984
Jan 20111,1725,20986.504.59$125,281
Dec 20101,3605,70585.734.35$141,397
Nov 20101,3636,22080.843.80$133,792
Oct 20101,5426,82478.103.51$144,375
Sep 20101,3505,44672.633.98$119,723
Aug 20101,3235,55173.684.42$122,011
Jul 20101,3366,91072.554.74$129,656
Jun 20101,5186,83170.364.91$140,349
May 20101,5448,16071.124.24$144,369
Apr 20101,1556,19981.694.12$119,909
Mar 20101,7408,32578.394.39$172,934
Feb 20109712,23073.585.44$83,583
Jan 20101,7148,10774.365.96$175,804
Dec 20091,9308,93371.445.48$186,866
Nov 20091,9208,67474.593.75$175,753
Oct 20091,9208,76672.544.11$175,307
Sep 20091,7068,66665.543.06$138,370
Aug 20092,0969,21267.423.22$170,961
Jul 20091,89910,06061.133.46$150,939
Jun 20092,07210,19366.163.90$176,785
May 20092,12210,49054.743.93$157,339
Apr 20092,31910,70246.773.59$146,853
Mar 20092,54811,97242.144.06$155,967
Feb 20092,34011,17032.814.63$128,526
Jan 20092,69913,28735.865.37$168,151
Dec 20082,91813,52837.105.98$189,117
Nov 20082,92613,39955.496.86$254,286
Oct 20083,09213,60475.246.92$326,809
Sep 20083,09816,346101.767.88$444,011
Aug 20084,05323,544114.228.48$662,658
Jul 20085,19032,045131.0811.39$1,045,279
Jun 20084,90221,284131.3313.03$921,166
May 20088,54137,596123.1711.57$1,487,142
Apr 20085,87021,095110.3110.45$868,065
Mar 20083,96013,589101.909.66$534,849
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19964045718.73$7,567
May 1996049619.43$0
Apr 1996041921.51$0
Mar 1996013319.38$0
Feb 199601216.98$0
Jan 199612417.07$17
Dec 1995018717.19$0
Nov 199538549716.00$6,160
Oct 1995068315.43$0
Sep 1995067216.18$0
Aug 199538373615.92$6,097
Jul 1995070415.24$0
Jun 199537668116.41$6,170
May 199538469117.56$6,743
Apr 1995051517.73$0
Mar 1995061416.44$0
Feb 199536756816.58$6,085
Jan 1995056715.92$0
Dec 1994061215.03$0
Nov 199437663815.90$5,978
Oct 1994071415.58$0
Sep 1994076315.29$0
Aug 1994077216.13$0
Jul 199423889917.56$4,179
Jun 199437788117.09$6,443
May 1994089015.88$0
Apr 199431177514.14$4,398
Mar 199438281812.46$4,760
Feb 1994074512.50$0
Jan 199438281012.66$4,836
Dec 199336587312.33$4,500
Nov 1993087914.49$0
Oct 199326496015.85$4,184
Sep 199326498915.03$3,968
Aug 19932931,04815.66$4,588
Jul 19933721,09715.46$5,751
Jun 19933851,10116.79$6,464
May 199301,07617.68$0
Apr 199333589418.05$6,047
Mar 19935771,00218.14$10,467
Feb 1993093617.90$0
Jan 19933261,06616.93$5,519

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.

Apr 2026 — as filed, then multipliedworked
Oil                  183 bbl  × $ 98.93 =    $18,104
Casinghead gas       655 Mcf  × $  2.87 =     $1,880

────────────────────────────────────────────────────
Month total                                  $19,984

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/12546 is the state's own key, not one this site invented.