BRENDA

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 12970District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$6.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$31 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
NGPA3none

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
OilDisposition88,173 bbl$3,567,525
Casinghead gasProduction739,573 Mcf$3,180,632
Total$6,748,158

64,539 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 (2)

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 30.2963, -96.7922. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

30.29630, -96.79224 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
8,357 ft
2 wells filed one
Completion to plug
4.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 8,344 and 8,370 ft, median 8,357 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1980 – Feb 2005
2 of 2 wells
Plug dates filed
Mar 1984
1 of 2 wells; 1 filed none

Last completion to plug: a median of 4.2 years across the 1 well that filed both dates, with the middle half between 4.2 years and 4.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2873121528,344 ftFeb 2005
42-2873057018,370 ftJan 1980Mar 1984Yes

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 20263488106.413.05$1,806
Apr 2026358098.932.87$1,961
Mar 2026755289.753.15$2,367
Feb 2026454263.503.75$2,287
Jan 2026462559.138.00$5,235
Dec 2025359956.664.41$2,814
Nov 2025553458.593.93$2,390
Oct 2025058159.383.30$1,920
Sep 2025058262.743.08$1,791
Aug 20250063.933.01$0
Jul 20256664966.743.32$6,556
Jun 2025263666.483.13$2,123
May 2025166260.553.23$2,200
Apr 2025166862.363.54$2,429
Mar 202517381867.704.27$15,204
Feb 202531,00770.884.34$4,584
Jan 2025010374.324.28$441
Dec 2024136568.993.12$1,208
Nov 20248467169.052.20$7,275
Oct 2024169871.372.28$1,664
Sep 20249968169.612.36$8,502
Aug 2024076775.632.06$1,583
Jul 2024159779.932.15$1,361
Jun 2024175978.082.63$2,077
May 202410797278.812.20$10,570
Apr 2024017184.451.66$284
Mar 202417570080.301.55$15,134
Feb 202418064176.091.78$14,840
Jan 2024166873.023.30$2,276
Dec 20238766471.262.61$7,933
Nov 202317465177.892.81$15,381
Oct 2023065985.443.09$2,035
Sep 2023164789.042.74$1,859
Aug 20237667680.522.67$7,926
Jul 202318364174.852.64$15,391
Jun 2023163868.962.26$1,510
May 202319065770.622.23$14,881
Apr 2023175278.122.24$1,761
Mar 2023178572.852.39$1,951
Feb 202318873075.112.47$15,921
Jan 2023178676.533.39$2,739
Dec 2022065576.415.73$3,753
Nov 2022261985.005.65$3,665
Oct 202218067187.185.86$19,627
Sep 2022166484.888.16$5,506
Aug 2022169594.529.13$6,438
Jul 20221692101.587.54$5,321
Jun 20220652115.097.98$5,201
May 20221776109.378.43$6,653
Apr 20221723104.226.84$5,048
Mar 2022188693108.885.08$23,987
Feb 2022163091.054.86$3,152
Jan 2022168881.844.54$3,204
Dec 2021071771.323.90$2,796
Nov 202119571877.435.24$18,859
Oct 2021266379.795.71$3,948
Sep 2021069469.865.35$3,714
Aug 2021172266.024.22$3,113
Jul 2021273170.783.98$3,052
Jun 2021171169.493.38$2,473
May 202118478663.483.02$14,052
Apr 2021061960.362.76$1,707
Mar 202118676761.302.72$13,486
Feb 2021152057.805.55$2,943
Jan 2021169450.412.81$2,001
Dec 202019068144.642.68$10,304
Nov 2020168638.772.71$1,895
Oct 2020272836.972.48$1,878
Sep 2020072137.091.99$1,436
Aug 2020371539.982.39$1,825
Jul 2020172038.371.83$1,352
Jun 2020169534.901.69$1,210
May 2020170316.921.81$1,293
Apr 20207569714.751.80$2,364
Mar 202018874030.341.86$7,078
Feb 2020171549.881.98$1,466
Jan 2020177757.252.09$1,685
Dec 2019178659.012.30$1,870
Nov 201917876155.302.75$11,937
Oct 2019079553.472.42$1,923
Sep 2019076755.052.66$2,038
Aug 201913978253.112.30$9,184
Jul 2019078056.272.46$1,919
Jun 2019181952.782.49$2,093
May 2019158658.482.74$1,664
Apr 2019176762.632.75$2,172
Mar 201919078556.803.06$13,196
Feb 2019168750.852.79$1,969
Jan 2019176646.033.23$2,519
Dec 2018176846.594.19$3,261
Nov 2018173252.934.24$3,155
Oct 201813077261.443.40$10,611
Sep 2018175059.543.11$2,391
Aug 2018075559.403.07$2,315
Jul 2018077165.142.93$2,260
Jun 2018175860.183.08$2,392
May 20188478465.382.90$7,766
Apr 2018078963.842.90$2,289
Mar 2018181561.222.79$2,332
Feb 201817574261.782.77$12,864
Jan 2018083862.874.01$3,360
Dec 2017088757.272.92$2,591
Nov 20177994655.423.12$7,328
Oct 20171741,02149.292.98$11,623
Sep 201717591547.523.09$11,141
Aug 2017588345.373.00$2,880
Jul 20173511,06843.873.09$18,696
Jun 2017197942.493.09$3,065
May 2017087545.373.26$2,855
Apr 2017069047.933.21$2,216
Mar 2017079546.772.98$2,372
Feb 2017076550.452.95$2,259
Jan 2017074649.413.42$2,550
Dec 2016082448.763.72$3,068
Nov 2016070642.492.64$1,867
Oct 2016088246.193.09$2,726
Sep 2016091141.553.10$2,825
Aug 201601,03641.442.92$3,030
Jul 201601,23241.622.92$3,603
Jun 20161221,35945.352.69$9,183
May 201671,39342.521.99$3,071
Apr 2016101,29636.561.99$2,946
Mar 201651,00533.011.79$1,968
Feb 2016598926.472.06$2,173
Jan 2016490727.352.36$2,254
Dec 2015385232.362.00$1,802
Nov 2015883538.792.17$2,120
Oct 20151096943.552.43$2,787
Sep 2015397242.992.76$2,810
Aug 2015253240.162.87$1,608
Jul 201510888148.152.95$7,795
Jun 201591,00156.152.88$3,391
May 201561,15655.212.96$3,748
Apr 201581,20449.822.71$3,657
Mar 201591,06742.892.93$3,517
Feb 201510897444.662.98$7,722
Jan 201581,01543.433.10$3,495
Dec 20141198054.693.59$4,121
Nov 201471,13770.464.25$5,328
Oct 20141411,54678.303.90$17,071
Sep 201441,30486.164.05$5,620
Aug 2014981,30089.394.04$14,006
Jul 201491,30096.564.18$6,303
Jun 20141151,36998.164.74$17,773
May 2014101,28794.734.73$7,030
Apr 201491,20595.944.81$6,658
Mar 201451,16495.895.06$6,366
Feb 201431,03897.406.19$6,720
Jan 20141271,05590.404.86$16,609
Dec 201321,06291.824.35$4,808
Nov 201301,15488.853.74$4,314
Oct 20131231,26197.423.78$16,748
Sep 201311,223104.113.72$4,651
Aug 201311,267104.253.52$4,567
Jul 201311,353102.523.72$5,133
Jun 2013921,24894.403.93$13,594
May 201311,36694.834.15$5,762
Apr 2013075993.964.28$3,250
Mar 201301,02493.623.91$4,007
Feb 20131771,23191.233.42$20,358
Jan 201301,33891.603.42$4,576
Dec 201201,36286.773.42$4,658
Nov 20121771,45986.953.62$20,679
Oct 201201,54989.383.40$5,266
Sep 201201,64494.672.92$4,798
Aug 20121831,72992.662.91$21,985
Jul 201201,73385.133.02$5,235
Jun 201201,68179.822.52$4,235
May 20121861,87991.612.49$21,715
Apr 201201,852101.652.00$3,698
Mar 201211,951105.052.22$4,440
Feb 20121691,813101.102.57$21,746
Jan 20121841,91798.092.73$23,290
Dec 201171,96896.873.24$7,054
Nov 20111431,86395.723.31$19,857
Oct 201132,01484.983.65$7,603
Sep 20111862,05483.623.99$23,740
Aug 20111832,12083.404.15$24,059
Jul 201122,23194.144.52$10,266
Jun 2011602,15492.904.64$15,568
May 20111912,33598.134.40$29,028
Apr 201142,211105.964.33$10,005
Mar 20111872,38796.364.06$27,704
Feb 20111842,08385.644.18$24,465
Jan 20111792,31886.504.59$26,120
Dec 20101852,51085.734.35$26,773
Nov 20101832,57880.843.80$24,578
Oct 20103692,81878.103.51$38,707
Sep 20101822,53172.633.98$23,291
Aug 20101962,70673.684.42$26,400
Jul 20101842,70872.554.74$26,176
Jun 20102572,47370.364.91$30,226
May 20105303,28871.124.24$51,619
Apr 20103022,24481.694.12$33,922
Mar 20103643,03978.394.39$41,871
Feb 20105352,89273.585.44$55,105
Jan 20105463,26074.365.96$60,043
Dec 20091943,22271.445.48$31,528
Nov 20093613,04674.593.75$38,354
Oct 20091893,20272.544.11$26,871
Sep 20091873,20665.543.06$22,082
Aug 20095333,55267.423.22$47,367
Jul 20095484,02461.133.46$47,440
Jun 20091,0743,61966.163.90$85,152
May 20091,0674,04254.743.93$74,275
Apr 20099003,62546.773.59$55,098
Mar 20091873,41842.144.06$21,754
Feb 20093683,15032.814.63$26,668
Jan 20093843,78435.865.37$34,094
Dec 20081,2733,30537.105.98$66,983
Nov 20089022,59155.496.86$67,827
Oct 20089232,82475.246.92$88,994
Sep 20083682,146101.767.88$54,352
Aug 20085442,766114.228.48$85,600
Jul 20083622,713131.0811.39$78,350
Jun 20081852,701131.3313.03$59,497
May 20083682,788123.1711.57$77,596
Apr 20085552,590110.3110.45$88,300
Mar 20083662,703101.909.66$63,417
Feb 200842,67392.538.77$23,814
Jan 20081873,11590.388.21$42,462
Dec 200753,03588.337.30$22,603
Nov 20071822,73091.677.29$36,590
Oct 20073672,98682.856.92$51,075
Sep 20071873,09575.846.24$33,508
Aug 200783,11469.066.39$20,445
Jul 200743,15170.906.39$20,412
Jun 20071853,18162.007.55$35,482
May 200763,27258.747.85$26,025
Apr 20071923,17859.617.81$36,250
Mar 20073733,22756.927.30$44,795
Feb 20071942,82455.108.22$33,891
Jan 20071903,18150.306.73$30,955
Dec 20061843,00056.656.92$31,179
Nov 20063692,56554.207.62$39,539
Oct 2006102,63554.906.01$16,395
Sep 20061792,80260.085.04$24,869
Aug 2006122,47668.717.34$18,998
Jul 2006102,66969.376.34$17,623
Jun 20061862,50266.286.38$28,301
May 2006112,72266.016.42$18,215
Apr 2006122,67564.397.36$20,462
Mar 20065483,01456.707.08$52,420
Feb 20065413,05557.597.75$54,836
Jan 20061293,48660.598.93$38,958
Dec 20051863,01254.9413.42$50,626
Nov 20053633,16654.6910.59$53,375
Oct 200532,96258.3413.80$41,038
Sep 200552,62861.4512.08$32,051
Aug 2005143,31661.519.80$33,347
Jul 200502,54255.697.84$19,939
Jun 20051761,92652.337.38$23,426
May 200551,80645.226.65$12,238
Apr 200532,61149.207.36$19,366
Mar 200504,50050.377.15$32,197
Feb 200511,71745.226.31$10,883
Jan 200517923743.166.32$9,224
Dec 2004044139.866.75$2,977
Nov 2004283145.286.33$5,351
Oct 2004058849.706.52$3,831
Sep 200418049743.245.28$10,409
Aug 2004077942.375.55$4,324
Jul 2004254838.286.08$3,411
Jun 2004044236.106.43$2,843
May 2004069737.486.49$4,527
Apr 2004084634.475.86$4,956
Mar 200471,02734.365.53$5,920
Feb 2004172932.455.51$4,049
Jan 2004289932.036.30$5,727
Dec 20031831,06930.266.30$12,274
Nov 200361,26928.804.60$6,004
Oct 2003121,16728.174.76$5,893
Sep 200361,04826.314.75$5,135
Aug 20031981,41029.765.13$13,125
Jul 200341,36829.415.17$7,191
Jun 2003296128.565.98$5,807
May 200341,09826.595.97$6,664
Apr 20031911,15826.675.41$11,356
Mar 200341,00431.146.10$6,245
Feb 2003173533.487.93$5,859
Jan 20031911,17530.315.58$12,348
Dec 2002377026.914.85$3,818
Nov 2002289824.664.14$3,764
Oct 20021901,34026.464.23$10,694
Sep 20021861,55427.443.64$10,753
Aug 20021861,74425.963.16$10,347
Jul 20021871,44924.583.06$9,033
Jun 20021871,33123.733.34$8,881
May 20023763,11124.663.58$20,422
Apr 20023762,28523.653.51$16,918
Mar 20023703,69422.003.10$19,601
Feb 20021903,33318.222.38$11,380
Jan 20023734,87117.172.38$17,976
Dec 20013704,77216.932.36$17,547
Nov 20011874,98518.072.41$15,371
Oct 20013794,65219.782.53$19,261
Sep 20013793,40824.262.25$16,867
Aug 20017715,16124.873.05$34,932
Jul 20011,5097,30423.933.20$59,462
Jun 20015715,29824.563.82$34,284
May 20011,3396,17925.524.31$60,786
Apr 20011,1365,75424.685.34$58,736
Mar 20011,1524,76924.545.38$53,910
Feb 20017594,28227.755.77$45,757
Jan 20011,3464,72027.478.40$76,617
Dec 20001,3355,84926.889.12$89,242
Nov 20001,7046,93532.215.66$94,124
Oct 20001,6608,68731.235.15$96,541
Sep 20002,60211,52831.875.19$142,716
Aug 20003,34416,06429.644.54$172,059
Jul 20004,32319,76928.534.09$204,185
Jun 20006,45827,85029.304.40$311,683
May 200011,94626,50127.263.68$423,165
Apr 20008948424.513.12$3,690
Mar 200001,59028.422.86$4,547
Feb 200001,49927.622.73$4,087
Jan 200001,70725.272.48$4,234
Dec 19991771,73124.282.42$8,493
Nov 199901,69823.192.43$4,133
Oct 199901,78620.982.80$5,007
Sep 199901,63121.752.62$4,271
Aug 199901,61819.262.88$4,653
Jul 199911,56317.892.37$3,726
Jun 199901,60215.942.36$3,784
May 19991751,30815.792.32$5,799
Apr 19991721,50315.102.21$5,916
Mar 199901,54712.471.84$2,844
Feb 19991751,2579.981.82$4,031
Jan 199901,44010.381.90$2,736
Dec 19981791,3439.201.77$4,028
Nov 19981741,11210.892.19$4,325
Oct 19981891,22012.421.97$4,750
Sep 199801,38512.592.08$2,884
Aug 19981721,35911.301.91$4,536
Jul 19983341,13311.742.24$6,456
Jun 19981911,15911.242.24$4,740
May 199801,40412.622.21$3,098
Apr 199801,37013.042.51$3,432
Mar 19981781,35412.802.31$5,405
Feb 199801,24813.952.30$2,869
Jan 19981701,33214.702.15$5,369
Dec 199701,32516.322.41$3,195
Nov 19971741,36618.193.09$7,384
Oct 19973611,21619.253.15$10,779
Sep 199701,30617.742.95$3,859
Aug 19971771,35817.862.55$6,631
Jul 199701,46817.582.25$3,299
Jun 199701,36417.242.26$3,079
May 199701,31018.972.31$3,024
Apr 199701,13117.882.08$2,356
Mar 19971791,02318.951.94$5,376
Feb 199701,19420.492.21$2,634
Jan 19971871,22623.483.54$8,730
Dec 19961681,15223.32$3,918
Nov 19963621,27021.97$7,953
Oct 19963631,29923.31$8,462
Sep 19963811,12922.22$8,466
Aug 19963691,15320.26$7,476
Jul 19965381,20719.55$10,518
Jun 19965941,22218.73$11,126
May 19966791,19919.43$13,193
Apr 19963771,09021.51$8,109
Mar 19967331,03919.38$14,206
Feb 199635461116.98$6,011
Jan 199673171017.07$12,478
Dec 199537879317.19$6,498
Nov 19953711,20616.00$5,936
Oct 19955411,34615.43$8,348
Sep 19954931,52116.18$7,977
Aug 199501,57015.92$0
Jul 199501,47015.24$0
Jun 199501,30116.41$0
May 19951681,34417.56$2,950
Apr 199501,14917.73$0
Mar 199501,29916.44$0
Feb 199501,24516.58$0
Jan 19951821,47615.92$2,897
Dec 199401,25315.03$0
Nov 199401,41115.90$0
Oct 199401,38815.58$0
Sep 199401,34915.29$0
Aug 199401,38416.13$0
Jul 19941691,37117.56$2,968
Jun 199401,40817.09$0
May 199401,35215.88$0
Apr 199401,37014.14$0
Mar 199401,40612.46$0
Feb 199401,20712.50$0
Jan 19942121,49312.66$2,684
Dec 199301,63412.33$0
Nov 199301,03114.49$0
Oct 199301,41815.85$0
Sep 199301,57315.03$0
Aug 199301,75315.66$0
Jul 199341,79015.46$62
Jun 19932441,93516.79$4,097
May 199301,83017.68$0
Apr 199301,67518.05$0
Mar 199301,57618.14$0
Feb 199301,51617.90$0
Jan 199301,61516.93$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.

May 2026 — as filed, then multipliedworked
Oil                    3 bbl  × $106.41 =       $319
Casinghead gas       488 Mcf  × $  3.05 =     $1,486

────────────────────────────────────────────────────
Month total                                   $1,806

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/12970 is the state's own key, not one this site invented.