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HICKS, W. B.

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 13376District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$21.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$399 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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
OilDisposition454,162 bbl$15,387,431
Casinghead gasProduction1,882,271 Mcf$5,695,236
Total$21,082,667

550,205 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 (4)

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 30.5867, -96.5442. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

30.58647, -96.54459 · 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%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
8,121 ft
4 wells filed one
Completion to plug
22.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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 7,598 and 11,078 ft, median 8,121 ft, over the 4 wells that filed a depth.

Completions filed
Sep 1980 – Jul 1998
4 of 4 wells
Plug dates filed
Oct 2003 – Nov 2003
2 of 4 wells; 2 filed none

Last completion to plug: a median of 22.8 years across the 2 wells that filed both dates, with the middle half between 22.6 years and 22.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-05133244311,078 ftJul 1998——
42-0513325647,598 ftAug 1991——
42-0513144727,980 ftJun 1981Nov 2003Yes
42-0513082818,261 ftSep 1980Oct 2003Yes

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 20265380106.413.05$57,249
Apr 2026537098.932.87$53,125
Mar 2026544089.753.15$48,824
Feb 2026179063.503.75$11,367
Jan 2026574059.138.00$33,941
Dec 2025547056.664.41$30,993
Nov 2025527058.593.93$30,877
Oct 2025512059.383.30$30,403
Sep 2025361062.743.08$22,649
Aug 2025337063.933.01$21,544
Jul 2025342066.743.32$22,825
Jun 2025523066.483.13$34,769
May 2025351060.553.23$21,253
Apr 2025726062.363.54$45,273
Mar 2025554067.704.27$37,506
Feb 2025364070.884.34$25,800
Jan 2025736074.324.28$54,700
Dec 2024182068.993.12$12,556
Nov 2024377069.052.20$26,032
Oct 2024361071.372.28$25,765
Sep 2024177069.612.36$12,321
Aug 2024552075.632.06$41,748
Jul 2024361079.932.15$28,855
Jun 2024364078.082.63$28,421
May 2024357078.812.20$28,135
Apr 2024357084.451.66$30,149
Mar 2024370080.301.55$29,711
Feb 2024532076.091.78$40,480
Jan 2024535073.023.30$39,066
Dec 2023366071.262.61$26,081
Nov 2023547077.892.81$42,606
Oct 2023541085.443.09$46,223
Sep 2023359089.042.74$31,965
Aug 2023531080.522.67$42,756
Jul 2023560074.852.64$41,916
Jun 2023177068.962.26$12,206
May 2023550070.622.23$38,841
Apr 2023360078.122.24$28,123
Mar 2023564072.852.39$41,087
Feb 20235581,86275.112.47$46,502
Jan 20235652,17076.533.39$50,591
Dec 20227531,81376.415.73$67,924
Nov 20223672,15785.005.65$43,374
Oct 20225422,22687.185.86$60,304
Sep 20225722,35484.888.16$67,769
Aug 20225642,47494.529.13$75,890
Jul 20223582,559101.587.54$55,666
Jun 20225602,372115.097.98$83,372
May 20227302,617109.378.43$101,909
Apr 20225372,483104.226.84$72,944
Mar 20225672,253108.885.08$73,172
Feb 20225601,79691.054.86$59,714
Jan 20227372,18581.844.54$70,231
Dec 20215272,19371.323.90$46,136
Nov 20219702,28077.435.24$87,047
Oct 20215662,28779.795.71$58,229
Sep 20219102,07469.865.35$74,670
Aug 20215632,73566.024.22$48,713
Jul 20215271,98070.783.98$45,186
Jun 20211871,90669.493.38$19,438
May 20217322,23963.483.02$53,224
Apr 20215451,87360.362.76$38,063
Mar 20215421,66161.302.72$37,737
Feb 20213691,14257.805.55$27,664
Jan 20217172,44650.412.81$43,018
Dec 20203632,25744.642.68$22,243
Nov 20205422,29038.772.71$27,211
Oct 20209022,57636.972.48$39,731
Sep 20205442,35637.091.99$24,868
Aug 20203602,24539.982.39$19,747
Jul 20205422,13938.371.83$24,700
Jun 20205331,90534.901.69$21,822
May 20205442,24916.921.81$13,286
Apr 202001,77314.751.80$3,199
Mar 20209182,47030.341.86$32,437
Feb 20207102,44249.881.98$40,252
Jan 20207232,70257.252.09$47,052
Dec 20195482,92659.012.30$39,080
Nov 20195452,65555.302.75$37,442
Oct 20195452,73453.472.42$35,753
Sep 20193623,68055.052.66$29,707
Aug 20195442,71553.112.30$35,148
Jul 20195422,76756.272.46$37,305
Jun 20197232,21152.782.49$43,668
May 20195442,74658.482.74$39,338
Apr 20197312,49362.632.75$52,640
Mar 20197252,41456.803.06$48,572
Feb 20195532,32050.852.79$34,598
Jan 20197672,23146.033.23$42,507
Dec 20185651,80046.594.19$33,857
Nov 20185822,50352.934.24$41,411
Oct 20185762,45261.443.40$43,722
Sep 20185602,67659.543.11$41,659
Aug 20185632,98259.403.07$42,587
Jul 20187412,54165.142.93$55,719
Jun 20187432,55160.183.08$52,563
May 20181,1231,98765.382.90$79,186
Apr 20187502,03963.842.90$53,795
Mar 20185671,64861.222.79$39,304
Feb 20183711,46761.782.77$26,978
Jan 20183801,73662.874.01$30,851
Dec 20173831,50357.272.92$26,325
Nov 201736442055.423.12$21,483
Oct 20173661,78649.292.98$23,369
Sep 20177511,83547.523.09$41,353
Aug 20171881,80945.373.00$13,965
Jul 20175552,07943.873.09$30,766
Jun 20173632,27242.493.09$22,438
May 20173522,35045.373.26$23,639
Apr 20173792,15247.933.21$25,077
Mar 20173612,29846.772.98$23,740
Feb 20173721,80550.452.95$24,097
Jan 20173762,31249.413.42$26,482
Dec 20165572,34348.763.72$35,882
Nov 20163722,29442.492.64$21,872
Oct 20163702,40446.193.09$24,519
Sep 20163562,41441.553.10$22,277
Aug 20163682,52741.442.92$22,640
Jul 20163552,61841.622.92$22,431
Jun 20163592,56645.352.69$23,172
May 20163652,62542.521.99$20,746
Apr 20163622,59436.561.99$18,399
Mar 20163732,47733.011.79$16,756
Feb 20163721,70926.472.06$13,374
Jan 20161851,85427.352.36$9,443
Dec 20153811,82832.362.00$15,988
Nov 20153731,98138.792.17$18,762
Oct 20151931,74043.552.43$12,627
Sep 20153742,11842.992.76$21,921
Aug 20151822,06640.162.87$13,244
Jul 20153672,26748.152.95$24,348
Jun 20153701,55056.152.88$25,244
May 20153672,03555.212.96$26,276
Apr 2015366049.822.71$18,234
Mar 20155442,28142.892.93$30,026
Feb 20151921,59844.662.98$13,331
Jan 20151951,57043.433.10$13,337
Dec 20141872,15654.693.59$17,970
Nov 20145622,36570.464.25$49,654
Oct 20141782,17578.303.90$22,422
Sep 20141862,41286.164.05$25,783
Aug 20143672,53889.394.04$43,047
Jul 20141852,56396.564.18$28,576
Jun 20143662,68798.164.74$48,655
May 20145632,96894.734.73$67,361
Apr 20141902,39595.944.81$29,746
Mar 20141892,70895.895.06$31,817
Feb 20145542,93697.406.19$72,139
Jan 20141882,95490.404.86$31,354
Dec 20135543,20091.824.35$64,803
Nov 20135533,08388.853.74$60,659
Oct 20131823,55297.423.78$31,155
Sep 2013564840104.113.72$61,841
Aug 20135484,457104.253.52$72,829
Jul 20133634,433102.523.72$53,696
Jun 20133714,42694.403.93$52,432
May 20133664,72894.834.15$54,325
Apr 20139115,89093.964.28$110,822
Mar 20137335,73493.623.91$91,060
Feb 20131,0525,06191.233.42$113,282
Jan 20138966,24291.603.42$103,421
Dec 20125585,00986.773.42$65,549
Nov 20121,0883,82486.953.62$108,463
Oct 20121862,59589.383.40$25,447
Sep 20123703,10494.672.92$44,087
Aug 20129265,77892.662.91$102,607
Jul 20127264,97685.133.02$76,836
Jun 201272384079.822.52$59,826
May 20123623,95991.612.49$43,014
Apr 20125404,359101.652.00$63,595
Mar 20129214,672105.052.22$107,133
Feb 20125603,467101.102.57$65,527
Jan 20125644,24698.092.73$66,932
Dec 20119323,60196.873.24$101,949
Nov 20111852,51195.723.31$26,023
Oct 20115503,46284.983.65$59,370
Sep 20113443,15083.623.99$41,321
Aug 20113653,09183.404.15$43,267
Jul 20113683,09194.144.52$48,606
Jun 20111773,17792.904.64$31,184
May 20113633,17798.134.40$49,615
Apr 20113583,179105.964.33$51,709
Mar 20113662,71396.364.06$46,275
Feb 20111822,57585.644.18$26,350
Jan 20113633,14186.504.59$45,813
Dec 20103692,94885.734.35$44,452
Nov 20103682,87780.843.80$40,668
Oct 20103683,67978.103.51$41,650
Sep 20103623,18272.633.98$38,955
Aug 20101713,21673.684.42$26,812
Jul 20103623,67872.554.74$43,684
Jun 20105403,48570.364.91$55,107
May 20103593,95371.124.24$42,274
Apr 20103684,02581.694.12$46,656
Mar 20105514,50678.394.39$62,968
Feb 20103823,25973.585.44$45,844
Jan 20103734,22474.365.96$52,929
Dec 20095544,12471.445.48$62,193
Nov 20095474,39574.593.75$57,289
Oct 20093624,57872.544.11$45,076
Sep 20093604,59765.543.06$37,683
Aug 20095364,55667.423.22$50,801
Jul 20095285,13061.133.46$50,050
Jun 20095434,76166.163.90$54,469
May 20095564,67454.743.93$48,784
Apr 20093594,38846.773.59$32,532
Mar 20095264,96242.144.06$42,306
Feb 20095775,27932.814.63$43,389
Jan 20097635,34935.865.37$56,091
Dec 20087545,54437.105.98$61,111
Nov 20085764,77155.496.86$64,693
Oct 20081,1575,74575.246.92$126,819
Sep 20087726,031101.767.88$126,065
Aug 20089547,466114.228.48$172,300
Jul 20089597,945131.0811.39$216,195
Jun 20087784,954131.3313.03$166,738
May 20087654,840123.1711.57$150,245
Apr 20085553,800110.3110.45$100,951
Mar 20087385,120101.909.66$124,682
Feb 20085594,65092.538.77$92,507
Jan 20087564,66590.388.21$106,607
Dec 20077454,62888.337.30$99,599
Nov 20071,1044,07291.677.29$130,895
Oct 20071953,61782.856.92$41,193
Sep 20077373,29775.846.24$76,481
Aug 20073653,00269.066.39$44,384
Jul 20077402,67470.906.39$69,547
Jun 20075462,29662.007.55$51,183
May 20077482,73458.747.85$65,389
Apr 20075502,89759.617.81$55,397
Mar 20079342,62156.927.30$72,302
Feb 20075522,44855.108.22$50,528
Jan 20077342,16950.306.73$51,511
Dec 20065562,31156.656.92$47,486
Nov 20069121,05854.207.62$57,490
Oct 20067372,49454.906.01$55,460
Sep 200602,69060.085.04$13,550
Aug 20061,0993,89768.717.34$104,116
Jul 20063783,63969.376.34$49,303
Jun 20063823,22566.286.38$45,907
May 20063781,80466.016.42$36,542
Apr 20067411,55964.397.36$59,188
Mar 20069302,53156.707.08$70,658
Feb 20063862,06957.597.75$38,267
Jan 20065422,89260.598.93$58,675
Dec 20057353,28154.9413.42$84,397
Nov 20055733,42154.6910.59$67,560
Oct 20057664,01558.3413.80$100,078
Sep 20053793,10861.4512.08$60,831
Aug 20057673,83061.519.80$84,700
Jul 20057593,58155.697.84$70,357
Jun 20057353,95652.337.38$67,662
May 20057414,73445.226.65$64,995
Apr 20057323,21349.207.36$59,664
Mar 20057434,38050.377.15$68,763
Feb 20057424,01345.226.31$58,883
Jan 20057494,42243.166.32$60,284
Dec 20041,2904,57539.866.75$82,306
Nov 20049345,22845.286.33$75,387
Oct 20041,1216,23949.706.52$96,361
Sep 20043654,56943.245.28$39,925
Aug 20041,1005,74042.375.55$78,468
Jul 20047315,85138.286.08$63,581
Jun 20047195,18336.106.43$59,298
May 20047335,36437.486.49$62,310
Apr 20041,4805,39934.475.86$82,645
Mar 20047486,18434.365.53$59,900
Feb 20041,1406,07632.455.51$70,469
Jan 20041,1015,21332.036.30$68,105
Dec 20031,1265,26430.266.30$67,245
Nov 20037253,34128.804.60$36,232
Oct 20031,4695,14528.174.76$65,870
Sep 20037295,55126.314.75$45,544
Aug 20031,0976,58829.765.13$66,441
Jul 20031,0936,41929.415.17$65,337
Jun 20031,1135,98828.565.98$67,613
May 20037307,08926.595.97$61,751
Apr 20031,1137,30726.675.41$69,195
Mar 20031,4746,91631.146.10$88,061
Feb 20031,1356,93933.487.93$92,997
Jan 20031,4737,11230.315.58$84,346
Dec 20021,4576,72126.914.85$71,830
Nov 20021,0947,13724.664.14$56,504
Oct 20021,4397,90226.464.23$71,494
Sep 20021,4988,28627.443.64$71,226
Aug 20021,0906,92125.963.16$50,196
Jul 20027383,53724.583.06$28,969
Jun 20021,4506,79723.733.34$57,099
May 20027286,37624.663.58$40,804
Apr 20021,0966,85823.653.51$50,008
Mar 20021,4607,99522.003.10$56,926
Feb 20021,1267,51318.222.38$38,364
Jan 20021,8508,20617.172.38$51,259
Dec 20011,4579,09116.932.36$46,162
Nov 20011,8358,72318.072.41$54,142
Oct 20011,8069,14219.782.53$58,842
Sep 20011,8289,30524.262.25$65,296
Aug 20011,8138,11724.873.05$69,872
Jul 20011,4096,99923.933.20$56,094
Jun 20011,4496,63424.563.82$60,957
May 20011,4436,67025.524.31$65,555
Apr 20011,4756,97524.685.34$73,617
Mar 20011,4505,55724.545.38$65,460
Feb 20011,8256,15727.755.77$86,152
Jan 20012,5599,99827.478.40$154,267
Dec 20002,7516,30626.889.12$131,473
Nov 20001,1043,58632.215.66$55,849
Oct 20001,0954,85131.235.15$59,158
Sep 20001,4426,91031.875.19$81,795
Aug 20001,4835,87229.644.54$70,619
Jul 20001,5045,73828.534.09$66,376
Jun 20001,1002,97729.304.40$45,321
May 20007172,50827.263.68$28,774
Apr 20007272,75324.513.12$26,397
Mar 20001,8237,24328.422.86$72,523
Feb 20001,0945,76427.622.73$45,932
Jan 20001,2926,23425.272.48$48,112
Dec 19992,0077,40624.282.42$66,680
Nov 19991,6486,93523.192.43$55,097
Oct 19991,7718,16920.982.80$60,059
Sep 19991,2708,12321.752.62$48,895
Aug 19992,5528,47919.262.88$73,534
Jul 19991,4866,99417.892.37$43,177
Jun 19992,2068,44815.942.36$55,119
May 19992,6349,71415.792.32$64,137
Apr 19991,4665,80815.102.21$34,961
Mar 19991,4746,12012.471.84$29,631
Feb 19991,4875,2409.981.82$24,365
Jan 19992,1915,95810.381.90$34,062
Dec 19982,9556,6899.201.77$39,048
Nov 19982,2247,15510.892.19$39,858
Oct 19984,0386,53712.421.97$63,025
Sep 19983,32110,04912.592.08$62,740
Aug 19985,51712,81011.301.91$86,775
Jul 19985,2519,42811.742.24$82,740
Jun 19989136,70311.242.24$25,259
May 19981,4638,23212.622.21$36,626
Apr 19981,4558,12113.042.51$39,319
Mar 19981,4446,01412.802.31$32,372
Feb 19981,4848,40513.952.30$40,026
Jan 19981,8239,59014.702.15$47,463
Dec 19971,47010,52216.322.41$49,360
Nov 19971,8088,66418.193.09$59,644
Oct 19971,8197,78319.253.15$59,531
Sep 19971,7979,03317.742.95$58,570
Aug 19971,0757,65217.862.55$38,748
Jul 19971,7999,16817.582.25$52,226
Jun 199787710,42717.242.26$38,655
May 19971,80512,52318.972.31$63,150
Apr 19971,8009,92817.882.08$52,862
Mar 19973,04610,86118.951.94$78,783
Feb 19972,1636,75720.492.21$59,225
Jan 19972,8985,95323.483.54$89,117
Dec 19961,4566,81323.32—$33,954
Nov 19961,8096,55421.97—$39,744
Oct 19962,1356,99723.31—$49,767
Sep 19961,4269,25922.22—$31,686
Aug 19961,78311,32820.26—$36,124
Jul 19962,12811,74619.55—$41,602
Jun 19961,79912,00618.73—$33,695
May 19961,79012,91619.43—$34,780
Apr 19962,16813,83421.51—$46,634
Mar 19962,17612,56419.38—$42,171
Feb 19962,18012,20916.98—$37,016
Jan 19962,91713,01717.07—$49,793
Dec 19952,53813,35817.19—$43,628
Nov 19952,19113,47916.00—$35,056
Oct 19952,86915,23015.43—$44,269
Sep 19952,52915,41216.18—$40,919
Aug 19952,51915,92215.92—$40,102
Jul 19952,50112,98615.24—$38,115
Jun 19953,23515,33116.41—$53,086
May 19953,21315,98517.56—$56,420
Apr 19953,25214,12017.73—$57,658
Mar 19953,09110,43716.44—$50,816
Feb 19953,25911,16416.58—$54,034
Jan 19953,97416,42715.92—$63,266
Dec 19944,32318,25915.03—$64,975
Nov 19944,49418,08315.90—$71,455
Oct 19943,61613,91715.58—$56,337
Sep 19944,77815,13615.29—$73,056
Aug 19943,5477,84716.13—$57,213
Jul 19943,5717,73617.56—$62,707
Jun 19943,5389,34017.09—$60,464
May 19943,90910,35415.88—$62,075
Apr 19944,1139,13714.14—$58,158
Mar 19944,4558,65112.46—$55,509
Feb 19943,9488,31212.50—$49,350
Jan 19945,0589,11912.66—$64,034
Dec 19935,09010,00212.33—$62,760
Nov 19935,4029,42414.49—$78,275
Oct 19935,73711,71115.85—$90,931
Sep 19936,67910,55215.03—$100,385
Aug 19936,2488,93215.66—$97,844
Jul 19937,50813,95715.46—$116,074
Jun 19934,8224,83416.79—$80,961
May 19932,3473,61317.68—$41,495
Apr 19932,3186,28818.05—$41,840
Mar 19934,83911,76118.14—$87,779
Feb 19934,13910,45717.90—$74,088
Jan 19934,76213,68916.93—$80,621

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                  538 bbl  × $106.41 =    $57,249
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $57,249

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/13376 is the state's own key, not one this site invented.