SHARON 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 12812District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$301
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
OilDisposition33,873 bbl$1,356,170
Casinghead gasProduction58,837 Mcf$194,621
Total$1,550,791

13,685 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 30.3703, -96.7665. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.37032, -96.76647 · 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
7,950 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 7,950 ft.

Completions filed
Mar 1980
1 of 1 wells

1 well

42-0513044217,950 ftMar 1980

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 202610106.413.05$106
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260159.138.00$8
Dec 20250056.664.41$0
Nov 20250358.593.93$12
Oct 20250659.383.30$20
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20251366.743.32$77
Jun 202502566.483.13$78
May 20250060.553.23$0
Apr 202506062.363.54$213
Mar 202512167.704.27$157
Feb 202501070.884.34$43
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202403071.372.28$68
Sep 202401069.612.36$24
Aug 202403075.632.06$62
Jul 202408679.932.15$185
Jun 202401678.082.63$42
May 20241797078.812.20$14,261
Apr 20241084.451.66$84
Mar 20241080.301.55$80
Feb 20240076.091.78$0
Jan 2024177073.023.30$12,925
Dec 20230371.262.61$8
Nov 20231177.892.81$81
Oct 20230185.443.09$3
Sep 2023178089.042.74$15,849
Aug 20230180.522.67$3
Jul 20231074.852.64$75
Jun 20230268.962.26$5
May 20230170.622.23$2
Apr 20231478.122.24$87
Mar 20230272.852.39$5
Feb 20231375.112.47$83
Jan 2023176576.533.39$13,486
Dec 202211476.415.73$157
Nov 202202985.005.65$164
Oct 202202187.185.86$123
Sep 20221783984.888.16$15,427
Aug 202211894.529.13$259
Jul 202201101.587.54$8
Jun 2022011115.097.98$88
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 202207091.054.86$340
Jan 20221081.844.54$82
Dec 20210071.323.90$0
Nov 20211077.435.24$77
Oct 2021170179.795.71$13,570
Sep 20210169.865.35$5
Aug 202101566.024.22$63
Jul 20212970.783.98$177
Jun 202103669.493.38$122
May 202104763.483.02$142
Apr 20211745760.362.76$10,660
Mar 2021022961.302.72$622
Feb 2021024957.805.55$1,381
Jan 2021025750.412.81$722
Dec 202016533344.642.68$8,257
Nov 2020045938.772.71$1,242
Oct 2020016636.972.48$411
Sep 20201756537.091.99$6,620
Aug 2020016239.982.39$386
Jul 202009538.371.83$173
Jun 202008034.901.69$135
May 20200016.921.81$0
Apr 202017511114.751.80$2,782
Mar 2020012930.341.86$239
Feb 2020112049.881.98$288
Jan 202004457.252.09$92
Dec 201918959.012.30$264
Nov 2019010355.302.75$283
Oct 20190053.472.42$0
Sep 201989055.052.66$4,899
Aug 201917953.112.30$235
Jul 201907856.272.46$192
Jun 201905552.782.49$137
May 201937958.482.74$392
Apr 201918462.632.75$294
Mar 2019115456.803.06$528
Feb 2019012850.852.79$357
Jan 201914646.033.23$195
Dec 201801946.594.19$80
Nov 2018814752.934.24$4,486
Oct 201816761.443.40$289
Sep 201809959.543.11$308
Aug 201803259.403.07$98
Jul 201803465.142.93$100
Jun 201802860.183.08$86
May 201801565.382.90$44
Apr 20181713463.842.90$11,015
Mar 2018012061.222.79$334
Feb 2018014361.782.77$396
Jan 2018027262.874.01$1,091
Dec 201713917657.272.92$8,475
Nov 201704055.423.12$125
Oct 201706249.292.98$185
Sep 20171741647.523.09$8,318
Aug 201704445.373.00$132
Jul 20171779443.873.09$8,055
Jun 20170642.493.09$19
May 2017010145.373.26$330
Apr 201717811647.933.21$8,904
Mar 201708746.772.98$260
Feb 201717711550.452.95$9,269
Jan 2017111949.413.42$456
Dec 201617813648.763.72$9,186
Nov 2016013842.492.64$365
Oct 201608046.193.09$247
Sep 201617412441.553.10$7,614
Aug 2016012641.442.92$368
Jul 201619641.622.92$322
Jun 20161759245.352.69$8,183
May 2016011842.521.99$235
Apr 201609736.561.99$193
Mar 201617611833.011.79$6,021
Feb 20161719426.472.06$4,720
Jan 20161817427.352.36$5,125
Dec 2015010232.362.00$204
Nov 201508038.792.17$173
Oct 201501243.552.43$29
Sep 20151765442.992.76$7,715
Aug 201508940.162.87$256
Jul 20151746548.152.95$8,570
Jun 2015110956.152.88$370
May 2015112455.212.96$422
Apr 201517713849.822.71$9,192
Mar 2015111842.892.93$389
Feb 201507944.662.98$235
Jan 20151798643.433.10$8,041
Dec 20141709254.693.59$9,628
Nov 201408370.464.25$353
Oct 201417811378.303.90$14,378
Sep 2014010686.164.05$429
Aug 201417311889.394.04$15,941
Jul 2014012796.564.18$531
Jun 201416715198.164.74$17,108
May 201417010794.734.73$16,610
Apr 2014012295.944.81$587
Mar 2014010095.895.06$506
Feb 201417012297.406.19$17,313
Jan 2014010990.404.86$530
Dec 20131708391.824.35$15,971
Nov 2013010988.853.74$407
Oct 20131698197.423.78$16,770
Sep 20130131104.113.72$487
Aug 20130118104.253.52$416
Jul 2013171110102.523.72$17,940
Jun 2013011994.403.93$468
May 20131739594.834.15$16,800
Apr 2013011893.964.28$505
Mar 201307893.623.91$305
Feb 201317310491.233.42$16,138
Jan 2013010891.603.42$369
Dec 20121757086.773.42$15,424
Nov 2012010686.953.62$384
Oct 20121779389.383.40$16,136
Sep 2012010694.672.92$309
Aug 201207592.662.91$218
Jul 201207385.133.02$221
Jun 20121737379.822.52$13,993
May 2012012891.612.49$319
Apr 2012060101.652.00$120
Mar 2012046105.052.22$102
Feb 20120102101.102.57$262
Jan 201217215198.092.73$17,284
Dec 2011016396.873.24$528
Nov 2011016595.723.31$546
Oct 201117716684.983.65$15,647
Sep 2011018583.623.99$737
Aug 2011018283.404.15$755
Jul 201116814394.144.52$16,461
Jun 2011017792.904.64$821
May 201117218298.134.40$17,680
Apr 20110226105.964.33$979
Mar 201117915096.364.06$17,857
Feb 201109985.644.18$414
Jan 201117211286.504.59$15,392
Dec 201009385.734.35$404
Nov 2010014180.843.80$535
Oct 201016920378.103.51$13,911
Sep 2010016572.633.98$657
Aug 201017124073.684.42$13,660
Jul 2010032472.554.74$1,535
Jun 201017817770.364.91$13,393
May 2010016471.124.24$695
Apr 201017011881.694.12$14,374
Mar 2010012278.394.39$535
Feb 201008173.585.44$441
Jan 201002874.365.96$167
Dec 20091768871.445.48$13,056
Nov 2009013774.593.75$514
Oct 200917912472.544.11$13,494
Sep 2009013465.543.06$411
Aug 200916616167.423.22$11,710
Jul 200916920361.133.46$11,034
Jun 2009035466.163.90$1,379
May 200916926554.743.93$10,291
Apr 200917522046.773.59$8,974
Mar 2009013642.144.06$552
Feb 2009038232.814.63$1,770
Jan 2009041135.865.37$2,207
Dec 200817518137.105.98$7,574
Nov 2008018355.496.86$1,255
Oct 2008019375.246.92$1,336
Sep 20080179101.767.88$1,410
Aug 2008174131114.228.48$20,986
Jul 2008068131.0811.39$774
Jun 20080183131.3313.03$2,385
May 20080167123.1711.57$1,933
Apr 2008177166110.3110.45$21,260
Mar 20080211101.909.66$2,039
Feb 2008031592.538.77$2,763
Jan 200817923690.388.21$18,115
Dec 2007016288.337.30$1,183
Nov 2007013091.677.29$948
Oct 2007018982.856.92$1,308
Sep 200718121775.846.24$15,082
Aug 2007019069.066.39$1,214
Jul 2007019970.906.39$1,271
Jun 200717619362.007.55$12,369
May 200717721058.747.85$12,045
Apr 2007023859.617.81$1,858
Mar 200717620656.927.30$11,522
Feb 200718815755.108.22$11,649
Jan 2007015950.306.73$1,070
Dec 20060156.656.92$7
Nov 200601354.207.62$99
Oct 20061868554.906.01$10,723
Sep 2006012860.085.04$645
Aug 200617716568.717.34$13,373
Jul 200618817069.376.34$14,120
Jun 200618716166.286.38$13,422
May 200618817866.016.42$13,554
Apr 200618822364.397.36$13,747
Mar 200617723656.707.08$11,707
Feb 200617913557.597.75$11,355
Jan 200618016660.598.93$12,389
Dec 2005016154.9413.42$2,160
Nov 200536723854.6910.59$22,591
Oct 2005026158.3413.80$3,601
Sep 200504961.4512.08$592
Aug 2005177061.519.80$10,887
Jul 2005115255.697.84$1,248
Jun 20051478952.337.38$8,349
May 2005018245.226.65$1,211
Apr 200518317949.207.36$10,321
Mar 200519119950.377.15$11,044
Feb 2005012745.226.31$802
Jan 200517913743.166.32$8,592
Dec 200418510239.866.75$8,063
Nov 200409245.286.33$582
Oct 2004011249.706.52$730
Sep 200418221443.245.28$9,000
Aug 2004123342.375.55$1,336
Jul 200419319138.286.08$8,550
Jun 2004016336.106.43$1,049
May 200417420837.486.49$7,872
Apr 2004178034.475.86$6,136
Mar 200417117134.365.53$6,821
Feb 2004014632.455.51$804
Jan 200416415932.036.30$6,255
Dec 200318814230.266.30$6,584
Nov 2003014328.804.60$657
Oct 200317517128.174.76$5,744
Sep 2003016226.314.75$769
Aug 200318517129.765.13$6,383
Jul 200317317029.415.17$5,967
Jun 200309728.565.98$580
May 200318318526.595.97$5,971
Apr 200317715426.675.41$5,553
Mar 2003016231.146.10$988
Feb 200318811433.487.93$7,198
Jan 2003015230.315.58$848
Dec 200218115826.914.85$5,638
Nov 200217615924.664.14$4,998
Oct 200218413526.464.23$5,440
Sep 2002011727.443.64$425
Aug 200218317025.963.16$5,289
Jul 2002021724.583.06$664
Jun 200218217123.733.34$4,890
May 2002011724.663.58$419
Apr 200218817523.653.51$5,061
Mar 2002013822.003.10$428
Feb 200218217018.222.38$3,720
Jan 200216119617.172.38$3,230
Dec 200117321416.932.36$3,435
Nov 2001020918.072.41$503
Oct 200114719819.782.53$3,408
Sep 200118020324.262.25$4,824
Aug 2001019524.873.05$595
Jul 200118015923.933.20$4,816
Jun 2001021124.563.82$807
May 200118121825.524.31$5,558
Apr 200117320224.685.34$5,347
Mar 200117318724.545.38$5,251
Feb 200109427.755.77$542
Jan 200119110227.478.40$6,103
Dec 2000015026.889.12$1,368
Nov 200017517532.215.66$6,627
Oct 2000018731.235.15$962
Sep 200018715831.875.19$6,779
Aug 200017616029.644.54$5,943
Jul 2000010228.534.09$417
Jun 200019816829.304.40$6,540
May 200019418727.263.68$5,977
Apr 2000014724.513.12$458
Mar 200016813028.422.86$5,146
Feb 2000018327.622.73$499
Jan 200017422525.272.48$4,955
Dec 1999021024.282.42$509
Nov 199918823823.192.43$4,939
Oct 1999020820.982.80$583
Sep 1999015121.752.62$395
Aug 199918416119.262.88$4,007
Jul 1999022217.892.37$527
Jun 1999020915.942.36$494
May 199917723415.792.32$3,338
Apr 1999023915.102.21$528
Mar 199919323812.471.84$2,844
Feb 199902349.981.82$425
Jan 1999025110.381.90$477
Dec 19983262479.201.77$3,437
Nov 1998027410.892.19$599
Oct 1998022512.421.97$443
Sep 1998025512.592.08$531
Aug 199818234711.301.91$2,718
Jul 1998037011.742.24$828
Jun 199818334511.242.24$2,829
May 199817640212.622.21$3,108
Apr 1998037513.042.51$940
Mar 199804912.802.31$113
Feb 1998016813.952.30$386
Jan 199817441814.702.15$3,459
Dec 199733536816.322.41$6,354
Nov 1997027818.193.09$859
Oct 199701919.253.15$60
Sep 1997029017.742.95$857
Aug 1997034417.862.55$879
Jul 199718318717.582.25$3,637
Jun 1997014017.242.26$316
May 1997025418.972.31$586
Apr 1997029017.882.08$604
Mar 199718125918.951.94$3,932
Feb 1997128620.492.21$651
Jan 199719426823.483.54$5,504
Dec 1996016623.32$0
Nov 1996019121.97$0
Oct 1996022923.31$0
Sep 199617730422.22$3,933
Aug 1996038820.26$0
Jul 1996127319.55$20
Jun 199636727118.73$6,874
May 1996036019.43$0
Apr 1996018021.51$0
Mar 199602319.38$0
Feb 1996121116.98$17
Jan 199635929717.07$6,128
Dec 1995224617.19$34
Nov 199507016.00$0
Oct 199519430615.43$2,993
Sep 1995025616.18$0
Aug 199535647915.92$5,668
Jul 199518346215.24$2,789
Jun 199518758616.41$3,069
May 199553375917.56$9,359
Apr 199593393317.73$16,542
Mar 199555873716.44$9,174
Feb 19951,22547316.58$20,311
Jan 199536311215.92$5,779
Dec 199418226715.03$2,735
Nov 199418621415.90$2,957
Oct 199418223515.58$2,836
Sep 199419124915.29$2,920
Aug 199438429416.13$6,194
Jul 1994136817.56$18
Jun 199452940117.09$9,041
May 199437231515.88$5,907
Apr 199455330914.14$7,819
Mar 199422315012.46$2,779
Feb 19943074012.50$3,838
Jan 1994111112.66$13
Dec 19931515112.33$1,862
Nov 1993123314.49$14
Oct 199318620815.85$2,948
Sep 199318519115.03$2,781
Aug 1993023215.66$0
Jul 199317921515.46$2,767
Jun 199336123916.79$6,061
May 1993019417.68$0
Apr 1993019118.05$0
Mar 199319123418.14$3,465
Feb 199318519517.90$3,312
Jan 199319023716.93$3,217

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                    1 bbl  × $106.41 =       $106
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $106

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/12812 is the state's own key, not one this site invented.