JOAN

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 12589District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
NGPA4none

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
OilDisposition21,236 bbl$808,398
Casinghead gasProduction221,071 Mcf$799,663
Total$1,608,061

37,129 Mcf of this lease's gas, across 46 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 30.3044, -96.8057. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

30.30444, -96.80577 · 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
66.7%
2 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
8,169 ft
3 wells filed one
Completion to plug
12.2 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 8,135 and 8,182 ft, median 8,169 ft, over the 3 wells that filed a depth.

Completions filed
May 1985 – Nov 2010
3 of 3 wells
Plug dates filed
Jan 2023
1 of 3 wells; 2 filed none

Last completion to plug: a median of 12.2 years across the 1 well that filed both dates, with the middle half between 12.2 years and 12.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-2873133128,182 ftNov 2010Jan 2023Yes
42-2873052218,135 ftSep 2008Yes
42-2873177838,169 ftMay 1985

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 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
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 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
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 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016408933.011.79$1,480
Feb 2016414326.472.06$401
Jan 20166516627.352.36$2,170
Dec 2015316332.362.00$423
Nov 2015516038.792.17$541
Oct 201517819843.552.43$8,232
Sep 2015220342.992.76$646
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201512720856.152.88$7,731
May 2015429455.212.96$1,090
Apr 2015529449.822.71$1,045
Mar 2015729342.892.93$1,160
Feb 201512729244.662.98$6,541
Jan 2015633443.433.10$1,296
Dec 2014830254.693.59$1,522
Nov 201410627970.464.25$8,655
Oct 2014629278.303.90$1,609
Sep 20145627586.164.05$5,937
Aug 2014425089.394.04$1,366
Jul 2014419996.564.18$1,218
Jun 20148817698.164.74$9,472
May 2014627494.734.73$1,863
Apr 201412231495.944.81$13,215
Mar 2014733295.895.06$2,350
Feb 2014630697.406.19$2,479
Jan 201413133390.404.86$13,461
Dec 2013733991.824.35$2,119
Nov 2013432788.853.74$1,578
Oct 20138231497.423.78$9,175
Sep 20136279104.113.72$1,662
Aug 201364319104.253.52$7,796
Jul 20134326102.523.72$1,622
Jun 201310131794.403.93$10,781
May 2013536894.834.15$2,001
Apr 201311121593.964.28$11,350
Mar 2013531493.623.91$1,697
Feb 20135631391.233.42$6,179
Jan 2013330291.603.42$1,308
Dec 20129038886.773.42$9,136
Nov 20128937786.953.62$9,105
Oct 2012735989.383.40$1,846
Sep 2012114694.672.92$521
Aug 201211631792.662.91$11,670
Jul 2012239085.133.02$1,348
Jun 2012437179.822.52$1,254
May 201212929691.612.49$12,554
Apr 20123255101.652.00$814
Mar 20124302105.052.22$1,091
Feb 2012138312101.102.57$14,754
Jan 20124735998.092.73$5,592
Dec 2011733696.873.24$1,767
Nov 20115228995.723.31$5,934
Oct 20119433584.983.65$9,210
Sep 201114236983.623.99$13,345
Aug 2011329883.404.15$1,487
Jul 20114733094.144.52$5,915
Jun 201111530592.904.64$12,099
May 2011530698.134.40$1,839
Apr 201179333105.964.33$9,814
Mar 2011435296.364.06$1,814
Feb 201117225185.644.18$15,779
Jan 2011632986.504.59$2,029
Dec 20105132685.734.35$5,790
Nov 201010829680.843.80$9,854
Oct 2010434078.103.51$1,505
Sep 20108032672.633.98$7,108
Aug 2010432673.684.42$1,735
Jul 201010935372.554.74$9,580
Jun 201013535270.364.91$11,227
May 2010537171.124.24$1,927
Apr 2010430381.694.12$1,576
Mar 201018941278.394.39$16,624
Feb 20105734573.585.44$6,072
Jan 2010540074.365.96$2,757
Dec 200914337571.445.48$12,272
Nov 2009434174.593.75$1,578
Oct 20096433972.544.11$6,036
Sep 2009432265.543.06$1,249
Aug 200910034167.423.22$7,840
Jul 2009838061.133.46$1,806
Jun 200914840866.163.90$11,381
May 20094748954.743.93$4,492
Apr 20099952046.773.59$6,496
Mar 2009850142.144.06$2,371
Feb 200911342732.814.63$5,686
Jan 20091346035.865.37$2,937
Dec 200811837737.105.98$6,631
Nov 2008529555.496.86$2,301
Oct 2008531875.246.92$2,577
Sep 20080259101.767.88$2,040
Aug 2008178264114.228.48$22,571
Jul 20085338131.0811.39$4,505
Jun 20088453131.3313.03$6,954
May 2008189555123.1711.57$29,703
Apr 20088610110.3110.45$7,260
Mar 20081374101.909.66$3,716
Feb 20081125692.538.77$3,263
Jan 20086445790.388.21$9,534
Dec 200718356888.337.30$20,312
Nov 2007658991.677.29$4,845
Oct 2007653482.856.92$4,193
Sep 200719237975.846.24$16,928
Aug 2007648269.066.39$3,493
Jul 200718276070.906.39$17,759
Jun 2007561562.007.55$4,952
May 200718679158.747.85$17,132
Apr 20071363959.617.81$5,762
Mar 2007650156.927.30$4,000
Feb 200718967755.108.22$15,976
Jan 20071064950.306.73$4,869
Dec 2006642956.656.92$3,308
Nov 200618449754.207.62$13,759
Oct 2006556554.906.01$3,672
Sep 20061262460.085.04$3,864
Aug 200618170768.717.34$17,626
Jul 2006776069.376.34$5,306
Jun 2006766866.286.38$4,728
May 200618469366.016.42$16,598
Apr 200618074764.397.36$17,088
Mar 2006138556.707.08$2,784
Feb 200617530157.597.75$12,411
Jan 2006124160.598.93$2,214
Dec 2005014754.9413.42$1,972
Nov 2005023654.6910.59$2,499
Oct 2005029258.3413.80$4,028
Sep 200516831961.4512.08$14,177
Aug 2005040061.519.80$3,919
Jul 2005042255.697.84$3,310
Jun 200517942652.337.38$12,511
May 200503345.226.65$219
Apr 200504349.207.36$317
Mar 200504050.377.15$286
Feb 200503245.226.31$202
Jan 2005211543.166.32$813
Dec 200417723639.866.75$8,648
Nov 2004110745.286.33$723
Oct 20041049.706.52$50
Sep 20042043.245.28$86
Aug 20042042.375.55$85
Jul 20044038.286.08$153
Jun 20041036.106.43$36
May 20044037.486.49$150
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 20031028.804.60$29
Oct 20031028.174.76$28
Sep 20031026.314.75$26
Aug 20031029.765.13$30
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20031026.675.41$27
Mar 20030031.146.10$0
Feb 20031033.487.93$33
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20022027.443.64$55
Aug 20022025.963.16$52
Jul 20020224.583.06$6
Jun 20021123.733.34$27
May 200202824.663.58$100
Apr 200206723.653.51$235
Mar 20027492,03522.003.10$22,792
Feb 200205,46218.222.38$12,976
Jan 200206,21417.172.38$14,762
Dec 20011847,32316.932.36$20,430
Nov 200107,28418.072.41$17,522
Oct 200107,85819.782.53$19,872
Sep 20015699,29024.262.25$34,719
Aug 20015708,91024.873.05$41,380
Jul 20013765,78323.933.20$27,486
Jun 20015576,86724.563.82$39,940
May 20011957,07925.524.31$35,468
Apr 200127,05124.685.34$37,669
Mar 200107,23224.545.38$38,882
Feb 20011315,30027.755.77$34,201
Jan 200105,93527.478.40$49,847
Dec 200008,81726.889.12$80,433
Nov 200003,03832.215.66$17,189
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 200001,41629.644.54$6,430
Jul 2000046828.534.09$1,914
Jun 2000028129.304.40$1,236
May 2000054527.263.68$2,005
Apr 2000056824.513.12$1,770
Mar 200018846928.422.86$6,684
Feb 2000039127.622.73$1,066
Jan 200018845225.272.48$5,872
Dec 1999044624.282.42$1,081
Nov 199919045023.192.43$5,501
Oct 199917051220.982.80$5,002
Sep 1999068221.752.62$1,786
Aug 199918864619.262.88$5,479
Jul 1999036217.892.37$859
Jun 199917543415.942.36$3,815
May 1999043815.792.32$1,017
Apr 199915752315.102.21$3,526
Mar 1999053312.471.84$980
Feb 199904719.981.82$856
Jan 199918354510.381.90$2,935
Dec 199804899.201.77$867
Nov 199817847910.892.19$2,985
Oct 1998055012.421.97$1,083
Sep 199819255312.592.08$3,569
Aug 1998057611.301.91$1,099
Jul 199818460411.742.24$3,511
Jun 1998063111.242.24$1,412
May 199817866912.622.21$3,722
Apr 199819254613.042.51$3,872
Mar 1998056812.802.31$1,312
Feb 199818246613.952.30$3,610
Jan 199816850214.702.15$3,551
Dec 1997051116.322.41$1,232
Nov 199716958018.193.09$4,865
Oct 1997055919.253.15$1,761
Sep 199717557517.742.95$4,804
Aug 199717062017.862.55$4,620
Jul 1997062617.582.25$1,407
Jun 199718060417.242.26$4,467
May 1997067718.972.31$1,563
Apr 199718867517.882.08$4,767
Mar 1997067618.951.94$1,311
Feb 199718450020.492.21$4,873
Jan 199719163323.483.54$6,725
Dec 1996061323.32$0
Nov 199617060721.97$3,735
Oct 1996067623.31$0
Sep 199621868122.22$4,844
Aug 1996067920.26$0
Jul 199625069019.55$4,888
Jun 1996071518.73$0
May 1996069319.43$0
Apr 199617265221.51$3,700
Mar 1996075719.38$0
Feb 199620678316.98$3,498
Jan 1996095817.07$0
Dec 19952821,72917.19$4,848
Nov 1995028216.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 199517638915.92$2,802
Jul 1995062415.24$0
Jun 199518077216.41$2,954
May 1995081017.56$0
Apr 199527670017.73$4,893
Mar 1995073516.44$0
Feb 199518066316.58$2,984
Jan 199526470615.92$4,203
Dec 1994053715.03$0
Nov 199431671215.90$5,024
Oct 1994087915.58$0
Sep 199438173315.29$5,825
Aug 1994069916.13$0
Jul 199436867417.56$6,462
Jun 1994089917.09$0
May 1994091415.88$0
Apr 199436181014.14$5,105
Mar 1994091712.46$0
Feb 199437553112.50$4,688
Jan 1994058212.66$0
Dec 199338062112.33$4,685
Nov 199336183214.49$5,231
Oct 199301,01415.85$0
Sep 199301,05415.03$0
Aug 19933671,10015.66$5,747
Jul 199331,14215.46$46
Jun 19933811,20816.79$6,397
May 199301,17217.68$0
Apr 19933871,19418.05$6,985
Mar 199301,04818.14$0
Feb 19933851,04817.90$6,892
Jan 1993089516.93$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.

Mar 2016 — as filed, then multipliedworked
Oil                   40 bbl  × $ 33.01 =     $1,320
Casinghead gas        89 Mcf  × $  1.79 =       $160

────────────────────────────────────────────────────
Month total                                   $1,480

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/12589 is the state's own key, not one this site invented.