JUNEK 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 12939District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$7 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
OilDisposition23,179 bbl$1,054,946
Casinghead gasProduction253,951 Mcf$839,626
Total$1,894,572

46,919 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 30.4326, -96.6570. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43265, -96.65699 · 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
8,610 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 8,610 ft.

Completions filed
Feb 1980
1 of 1 wells

1 well

42-0513055618,610 ftFeb 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20262063.503.75$127
Jan 20262059.138.00$118
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025115062.743.08$7,215
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20251062.363.54$62
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202401668.993.12$50
Nov 2024016969.052.20$372
Oct 2024029671.372.28$675
Sep 2024128069.612.36$732
Aug 2024033075.632.06$681
Jul 2024244279.932.15$1,109
Jun 20241771,48178.082.63$17,721
May 202462,02078.812.20$4,914
Apr 20240084.451.66$0
Mar 202404780.301.55$73
Feb 202401176.091.78$20
Jan 20240273.023.30$7
Dec 20230471.262.61$10
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023128789.042.74$874
Aug 2023013980.522.67$372
Jul 2023131574.852.64$907
Jun 2023647768.962.26$1,491
May 202320752070.622.23$15,777
Apr 2023036078.122.24$806
Mar 2023344372.852.39$1,279
Feb 202317533475.112.47$13,968
Jan 2023243676.533.39$1,630
Dec 2022035676.415.73$2,040
Nov 2022020185.005.65$1,135
Oct 20220187.185.86$6
Sep 202203184.888.16$253
Aug 202238494.529.13$1,050
Jul 2022292101.587.54$897
Jun 20221118115.097.98$1,056
May 20220251109.378.43$2,117
Apr 2022189281104.226.84$21,619
Mar 20223195108.885.08$1,317
Feb 202228991.054.86$615
Jan 2022121181.844.54$1,039
Dec 202115818371.323.90$11,982
Nov 2021114277.435.24$821
Oct 2021016279.795.71$926
Sep 2021013569.865.35$722
Aug 2021227966.024.22$1,310
Jul 2021033170.783.98$1,318
Jun 202118818869.493.38$13,700
May 2021030763.483.02$926
Apr 2021027660.362.76$761
Mar 202115633661.302.72$10,476
Feb 2021022157.805.55$1,226
Jan 2021330850.412.81$1,017
Dec 2020124144.642.68$689
Nov 202016538.772.71$215
Oct 2020210736.972.48$339
Sep 2020025437.091.99$506
Aug 202018255239.982.39$8,593
Jul 2020379738.371.83$1,570
Jun 202021,11234.901.69$1,949
May 2020192716.921.81$1,699
Apr 202017584014.751.80$4,097
Mar 202018587430.341.86$7,235
Feb 202031,28549.881.98$2,695
Jan 2020065057.252.09$1,362
Dec 201901,49059.012.30$3,434
Nov 20191821,58655.302.75$14,427
Oct 201922,08353.472.42$5,145
Sep 20191691,93655.052.66$14,448
Aug 201911,54853.112.30$3,620
Jul 201917447956.272.46$10,969
Jun 201918474752.782.49$11,572
May 201935177958.482.74$22,661
Apr 2019182062.632.75$2,318
Mar 201918186856.803.06$12,939
Feb 201918482350.852.79$11,654
Jan 20193681,01946.033.23$20,229
Dec 201817698446.594.19$12,318
Nov 201835684752.934.24$22,432
Oct 201834884861.443.40$24,263
Sep 201818077359.543.11$13,120
Aug 201834393159.403.07$23,229
Jul 20183421,03365.142.93$25,307
Jun 20183481,09260.183.08$24,303
May 20185071,10565.382.90$36,353
Apr 20181671,27863.842.90$14,369
Mar 20183521,34161.222.79$25,287
Feb 20185141,15361.782.77$34,944
Jan 20181781,06562.874.01$15,461
Dec 201733735957.272.92$20,349
Nov 201733971255.423.12$21,008
Oct 201754567549.292.98$28,877
Sep 201734542647.523.09$17,710
Aug 2017148245.373.00$1,493
Jul 201717561543.873.09$9,576
Jun 2017242842.493.09$1,406
May 201717257445.373.26$9,677
Apr 201717350247.933.21$9,904
Mar 2017147646.772.98$1,467
Feb 201717644750.452.95$10,199
Jan 2017144249.413.42$1,561
Dec 201616041748.763.72$9,354
Nov 2016237642.492.64$1,079
Oct 2016343346.193.09$1,477
Sep 2016241041.553.10$1,354
Aug 201617342641.442.92$8,415
Jul 2016158441.622.92$1,749
Jun 201616974245.352.69$9,657
May 2016281442.521.99$1,706
Apr 2016080436.561.99$1,601
Mar 201616581033.011.79$6,900
Feb 2016376626.472.06$1,660
Jan 2016373727.352.36$1,825
Dec 201515462632.362.00$6,236
Nov 2015242138.792.17$990
Oct 2015458843.552.43$1,601
Sep 2015177142.992.76$2,170
Aug 2015141740.162.87$1,238
Jul 2015234748.152.95$1,118
Jun 2015239156.152.88$1,240
May 2015335655.212.96$1,218
Apr 2015237849.822.71$1,123
Mar 2015238742.892.93$1,222
Feb 201517336144.662.98$8,801
Jan 2015236643.433.10$1,222
Dec 2014242254.693.59$1,625
Nov 2014157170.464.25$2,498
Oct 2014043878.303.90$1,709
Sep 2014040586.164.05$1,638
Aug 2014065589.394.04$2,643
Jul 2014046096.564.18$1,923
Jun 2014044698.164.74$2,113
May 201417540094.734.73$18,468
Apr 2014040795.944.81$1,957
Mar 2014039595.895.06$1,997
Feb 2014036897.406.19$2,279
Jan 2014036290.404.86$1,760
Dec 2013044391.824.35$1,929
Nov 2013045788.853.74$1,708
Oct 201318247597.423.78$19,526
Sep 20130473104.113.72$1,758
Aug 20130481104.253.52$1,694
Jul 20130473102.523.72$1,758
Jun 2013045794.403.93$1,798
May 2013051594.834.15$2,137
Apr 2013051193.964.28$2,188
Mar 2013044393.623.91$1,733
Feb 2013040191.233.42$1,371
Jan 201317649291.603.42$17,804
Dec 2012052786.773.42$1,802
Nov 2012052486.953.62$1,899
Oct 2012053689.383.40$1,822
Sep 2012052594.672.92$1,532
Aug 201217862292.662.91$18,302
Jul 2012066985.133.02$2,021
Jun 2012068279.822.52$1,718
May 201217779591.612.49$18,193
Apr 20120802101.652.00$1,601
Mar 2012160909105.052.22$18,828
Feb 20120702101.102.57$1,804
Jan 201215678398.092.73$17,443
Dec 201117573896.873.24$19,343
Nov 2011045695.723.31$1,510
Oct 201117562884.983.65$17,163
Sep 2011031283.623.99$1,244
Aug 2011030083.404.15$1,245
Jul 2011027094.144.52$1,220
Jun 2011029892.904.64$1,383
May 2011014898.134.40$652
Apr 20110222105.964.33$962
Mar 2011032996.364.06$1,335
Feb 2011026185.644.18$1,091
Jan 2011038686.504.59$1,771
Dec 2010031785.734.35$1,378
Nov 201016031580.843.80$14,130
Oct 2010032578.103.51$1,140
Sep 2010046672.633.98$1,854
Aug 2010034273.684.42$1,511
Jul 2010045772.554.74$2,165
Jun 2010034070.364.91$1,670
May 2010037171.124.24$1,571
Apr 2010036681.694.12$1,509
Mar 201016930978.394.39$14,604
Feb 2010038373.585.44$2,084
Jan 2010027274.365.96$1,622
Dec 2009033571.445.48$1,837
Nov 2009042474.593.75$1,591
Oct 2009036672.544.11$1,504
Sep 2009035365.543.06$1,082
Aug 2009038267.423.22$1,229
Jul 2009040261.133.46$1,393
Jun 2009040966.163.90$1,593
May 2009041754.743.93$1,637
Apr 200917541846.773.59$9,684
Mar 2009040742.144.06$1,652
Feb 2009036632.814.63$1,696
Jan 2009040035.865.37$2,148
Dec 2008040737.105.98$2,433
Nov 2008035255.496.86$2,415
Oct 2008039275.246.92$2,713
Sep 2008174375101.767.88$20,660
Aug 20080422114.228.48$3,580
Jul 20080484131.0811.39$5,512
Jun 20080627131.3313.03$8,171
May 20080635123.1711.57$7,350
Apr 20080425110.3110.45$4,443
Mar 20080459101.909.66$4,436
Feb 2008046292.538.77$4,052
Jan 200817043490.388.21$18,926
Dec 2007042588.337.30$3,103
Nov 2007031291.677.29$2,275
Oct 2007051782.856.92$3,579
Sep 2007048975.846.24$3,053
Aug 2007051369.066.39$3,277
Jul 2007052370.906.39$3,341
Jun 2007036262.007.55$2,733
May 2007049458.747.85$3,876
Apr 2007048559.617.81$3,786
Mar 200717554556.927.30$13,941
Feb 2007039955.108.22$3,278
Jan 2007060350.306.73$4,056
Dec 2006065056.656.92$4,497
Nov 2006066354.207.62$5,050
Oct 2006076054.906.01$4,570
Sep 200618077260.085.04$14,703
Aug 2006081068.717.34$5,945
Jul 2006067069.376.34$4,250
Jun 2006049666.286.38$3,166
May 2006270866.016.42$4,681
Apr 200618165164.397.36$16,446
Mar 2006155556.707.08$3,988
Feb 2006146957.597.75$3,693
Jan 2006149760.598.93$4,500
Dec 2005058954.9413.42$7,902
Nov 2005080354.6910.59$8,502
Oct 200517780258.3413.80$21,390
Sep 2005281161.4512.08$9,919
Aug 2005278161.519.80$7,774
Jul 2005295455.697.84$7,594
Jun 2005198352.337.38$7,308
May 20051721,00445.226.65$14,456
Apr 2005194549.207.36$7,005
Mar 2005095750.377.15$6,847
Feb 200517594145.226.31$13,853
Jan 200511,13343.166.32$7,206
Dec 2004093939.866.75$6,339
Nov 2004074545.286.33$4,716
Oct 200410054649.706.52$8,527
Sep 2004070143.245.28$3,704
Aug 2004076342.375.55$4,235
Jul 2004078838.286.08$4,794
Jun 200418181536.106.43$11,777
May 2004186737.486.49$5,668
Apr 2004073034.475.86$4,277
Mar 2004188234.365.53$4,912
Feb 2004286032.455.51$4,803
Jan 200417086932.036.30$10,919
Dec 200321,02430.266.30$6,513
Nov 2003093228.804.60$4,283
Oct 20031661,00428.174.76$9,455
Sep 2003192026.314.75$4,396
Aug 2003059129.765.13$3,032
Jul 2003066229.415.17$3,423
Jun 2003068428.565.98$4,092
May 2003170426.595.97$4,231
Apr 200316992926.675.41$9,531
Mar 2003181331.146.10$4,987
Feb 2003268333.487.93$5,480
Jan 2003385330.315.58$4,852
Dec 200218987426.914.85$9,328
Nov 2002082824.664.14$3,425
Oct 2002173626.464.23$3,139
Sep 2002080927.443.64$2,941
Aug 200218791825.963.16$7,759
Jul 2002294024.583.06$2,927
Jun 2002092623.733.34$3,091
May 20021771,02824.663.58$8,049
Apr 2002194623.653.51$3,346
Mar 2002079522.003.10$2,467
Feb 200219087418.222.38$5,538
Jan 2002042617.172.38$1,012
Dec 200114656316.932.36$3,803
Nov 2001164618.072.41$1,572
Oct 2001165819.782.53$1,684
Sep 2001166724.262.25$1,526
Aug 2001067724.873.05$2,067
Jul 2001065223.933.20$2,085
Jun 200116253124.563.82$6,009
May 2001056825.524.31$2,447
Apr 2001057124.685.34$3,046
Mar 2001049324.545.38$2,651
Feb 2001051027.755.77$2,941
Jan 200119956227.478.40$10,187
Dec 2000157226.889.12$5,245
Nov 2000064432.215.66$3,644
Oct 2000065731.235.15$3,381
Sep 200018096331.875.19$10,731
Aug 2000050429.644.54$2,289
Jul 2000058528.534.09$2,393
Jun 2000054329.304.40$2,388
May 2000061127.263.68$2,248
Apr 2000059924.513.12$1,866
Mar 2000051228.422.86$1,464
Feb 2000151327.622.73$1,426
Jan 2000151325.272.48$1,298
Dec 1999062224.282.42$1,508
Nov 199919044623.192.43$5,492
Oct 1999055120.982.80$1,545
Sep 1999047021.752.62$1,231
Aug 1999033419.262.88$960
Jul 1999036417.892.37$864
Jun 1999047615.942.36$1,124
May 1999059315.792.32$1,376
Apr 199915255415.102.21$3,518
Mar 1999171312.471.84$1,323
Feb 199906379.981.82$1,158
Jan 199914971810.381.90$2,911
Dec 199806789.201.77$1,202
Nov 1998072310.892.19$1,580
Oct 199817596312.421.97$4,070
Sep 1998078212.592.08$1,629
Aug 1998156611.301.91$1,091
Jul 1998052011.742.24$1,163
Jun 199816360911.242.24$3,195
May 1998059712.622.21$1,317
Apr 199819258513.042.51$3,969
Mar 1998166812.802.31$1,556
Feb 1998159513.952.30$1,382
Jan 199816291614.702.15$4,355
Dec 19971851,23116.322.41$5,987
Nov 199701,10818.193.09$3,422
Oct 19971871,19519.253.15$7,364
Sep 199701,14517.742.95$3,383
Aug 19971851,44517.862.55$6,996
Jul 199701,77617.582.25$3,991
Jun 19971782,14817.242.26$7,917
May 199702,23518.972.31$5,160
Apr 19971872,32017.882.08$8,176
Mar 199701,74518.951.94$3,384
Feb 19971841,94020.492.21$8,050
Jan 19971832,10023.483.54$11,730
Dec 19963511,83423.32$8,185
Nov 199601,56921.97$0
Oct 199601,10923.31$0
Sep 19961821,62822.22$4,044
Aug 199602,53720.26$0
Jul 19961762,87719.55$3,441
Jun 199602,57518.73$0
May 199602,12019.43$0
Apr 19961901,36721.51$4,087
Mar 199611,20319.38$19
Feb 199611354916.98$1,919
Jan 1996180917.07$17
Dec 1995374917.19$52
Nov 199517774616.00$2,832
Oct 1995095115.43$0
Sep 199516688016.18$2,686
Aug 1995095515.92$0
Jul 1995196815.24$15
Jun 199517797316.41$2,905
May 1995092917.56$0
Apr 199517791817.73$3,138
Mar 1995067016.44$0
Feb 199518783416.58$3,100
Jan 1995144115.92$16
Dec 1994033815.03$0
Nov 1994059715.90$0
Oct 199418793115.58$2,913
Sep 1994173615.29$15
Aug 1994072916.13$0
Jul 199416072017.56$2,810
Jun 1994076217.09$0
May 199419868615.88$3,144
Apr 1994071814.14$0
Mar 199435875512.46$4,461
Feb 1994077512.50$0
Jan 1994074112.66$0
Dec 1993074912.33$0
Nov 199331287614.49$4,521
Oct 1993060515.85$0
Sep 1993062615.03$0
Aug 199334766615.66$5,434
Jul 1993055715.46$0
Jun 1993066016.79$0
May 1993071117.68$0
Apr 199328677118.05$5,162
Mar 199336168418.14$6,549
Feb 1993080417.90$0
Jan 1993053116.93$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.

Feb 2026 — as filed, then multipliedworked
Oil                    2 bbl  × $ 63.50 =       $127
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                     $127

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/12939 is the state's own key, not one this site invented.