OLEY 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 13388District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$7.9 M
Jan 1993 – Dec 2024
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
384
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
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
OilDisposition88,608 bbl$2,240,379
Casinghead gasProduction1,407,401 Mcf$5,655,260
Total$7,895,639

63,928 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 30.2705, -96.7878. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

30.27052, -96.78782 · 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
100.0%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,686 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
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.
00.0%

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 8,660 and 8,711 ft, median 8,686 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1980 – Sep 1997
2 of 2 wells

2 wells

42-2873144728,711 ftSep 1997Yes
42-2873076218,660 ftSep 1980Yes

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 (384)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

384 months

Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024137071.372.28$9,778
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 202301,27185.443.09$3,924
Sep 202301,23789.042.74$3,383
Aug 202301,10480.522.67$2,951
Jul 202301,15374.852.64$3,046
Jun 202301,48968.962.26$3,363
May 202301,22370.622.23$2,724
Apr 202301,38078.122.24$3,088
Mar 202301,40472.852.39$3,360
Feb 202301,46575.112.47$3,612
Jan 202301,30576.533.39$4,421
Dec 202201,69576.415.73$9,711
Nov 202201,87885.005.65$10,604
Oct 20221842,07487.185.86$28,203
Sep 20221943,41784.888.16$44,362
Aug 2022090794.529.13$8,278
Jul 202201,179101.587.54$8,892
Jun 202201,210115.097.98$9,652
May 202201,283109.378.43$10,820
Apr 202201,288104.226.84$8,807
Mar 202201,426108.885.08$7,239
Feb 202201,32491.054.86$6,433
Jan 202201,53781.844.54$6,974
Dec 20211751,60071.323.90$18,720
Nov 202101,59677.435.24$8,358
Oct 202101,52279.795.71$8,697
Sep 202101,77069.865.35$9,471
Aug 202101,86666.024.22$7,876
Jul 202101,90070.783.98$7,566
Jun 202101,85469.493.38$6,268
May 202101,74063.483.02$5,251
Apr 202101,53660.362.76$4,237
Mar 202102,12761.302.72$5,779
Feb 202101,36757.805.55$7,584
Jan 202102,22350.412.81$6,247
Dec 20201851,98144.642.68$13,558
Nov 202002,35238.772.71$6,366
Oct 20201782,50636.972.48$12,792
Sep 202002,43537.091.99$4,848
Aug 20201922,62639.982.39$13,939
Jul 202002,72038.371.83$4,964
Jun 20201882,71034.901.69$11,142
May 20201842,86216.921.81$8,307
Apr 20201861,08114.751.80$4,694
Mar 2020097430.341.86$1,808
Feb 20201781,24949.881.98$11,353
Jan 20205592,98557.252.09$38,256
Dec 201919052659.012.30$12,424
Nov 201902,12155.302.75$5,834
Oct 201912,34253.472.42$5,718
Sep 2019085655.052.66$2,275
Aug 2019034453.112.30$793
Jul 20190056.272.46$0
Jun 201917828652.782.49$10,107
May 201917790758.482.74$12,836
Apr 201901,59962.632.75$4,398
Mar 201901,71656.803.06$5,255
Feb 20191701,65850.852.79$13,274
Jan 201901,91646.033.23$6,185
Dec 201802,08846.594.19$8,739
Nov 20181712,17852.934.24$18,280
Oct 201801,96461.443.40$6,674
Sep 201801,57359.543.11$4,889
Aug 201801,28959.403.07$3,953
Jul 201801,30065.142.93$3,811
Jun 201821,28960.183.08$4,087
May 201801,44165.382.90$4,180
Apr 201801,41863.842.90$4,113
Mar 2018201,04361.222.79$4,131
Feb 201801,20361.782.77$3,328
Jan 201851,66862.874.01$7,002
Dec 201721,80257.272.92$5,379
Nov 201701,56055.423.12$4,865
Oct 201701,07549.292.98$3,207
Sep 2017047047.523.09$1,451
Aug 2017034745.373.00$1,043
Jul 201701,28343.873.09$3,961
Jun 201701,53542.493.09$4,739
May 201701,25845.373.26$4,105
Apr 201701,34347.933.21$4,313
Mar 201701,39946.772.98$4,174
Feb 201701,19350.452.95$3,522
Jan 20171911,26449.413.42$13,759
Dec 201601,35148.763.72$5,030
Nov 201601,48342.492.64$3,922
Oct 201601,79646.193.09$5,550
Sep 201601,51941.553.10$4,710
Aug 201602,12041.442.92$6,200
Jul 201601,27341.622.92$3,723
Jun 20160045.352.69$0
May 201601,23642.521.99$2,461
Apr 201601,65636.561.99$3,297
Mar 201601,96733.011.79$3,529
Feb 201601,13926.472.06$2,350
Jan 201601,74527.352.36$4,126
Dec 20151961,74032.362.00$9,825
Nov 201501,57438.792.17$3,411
Oct 201501,74543.552.43$4,234
Sep 201501,74242.992.76$4,805
Aug 201501,84640.162.87$5,303
Jul 20151831,81748.152.95$14,163
Jun 201501,74256.152.88$5,022
May 201501,79155.212.96$5,293
Apr 20151921,65449.822.71$14,042
Mar 201501,64042.892.93$4,813
Feb 201501,57944.662.98$4,699
Jan 201501,80943.433.10$5,609
Dec 201401,86554.693.59$6,698
Nov 201401,84370.464.25$7,836
Oct 20141941,87978.303.90$22,520
Sep 201401,76586.164.05$7,140
Aug 201401,81589.394.04$7,324
Jul 201401,82596.564.18$7,628
Jun 201401,75998.164.74$8,332
May 20141951,78694.734.73$26,914
Apr 201401,76295.944.81$8,474
Mar 201401,83095.895.06$9,254
Feb 201401,61697.406.19$10,006
Jan 201401,80690.404.86$8,778
Dec 20131951,78491.824.35$25,673
Nov 201301,81088.853.74$6,766
Oct 201301,97297.423.78$7,453
Sep 201301,903104.113.72$7,075
Aug 20131861,962104.253.52$26,302
Jul 201301,493102.523.72$5,551
Jun 201301,36994.403.93$5,385
May 201302,34094.834.15$9,709
Apr 201301,05893.964.28$4,531
Mar 20131801,87093.623.91$24,169
Feb 201301,86191.233.42$6,364
Jan 201302,09291.603.42$7,154
Dec 20121792,06086.773.42$22,577
Nov 201201,86886.953.62$6,771
Oct 201202,12289.383.40$7,214
Sep 20121852,03994.672.92$23,465
Aug 201202,06092.662.91$5,991
Jul 201202,15585.133.02$6,510
Jun 20121842,21179.822.52$20,256
May 201202,20791.612.49$5,492
Apr 20121822,151101.652.00$22,795
Mar 20120814105.052.22$1,809
Feb 20120885101.102.57$2,275
Jan 201201,12198.092.73$3,065
Dec 20111801,25096.873.24$21,486
Nov 201101,41495.723.31$4,682
Oct 201101,32184.983.65$4,820
Sep 201118294483.623.99$18,981
Aug 201101,21583.404.15$5,041
Jul 201101,20894.144.52$5,457
Jun 20111781,24092.904.64$22,290
May 201101,42198.134.40$6,259
Apr 201101,524105.964.33$6,604
Mar 20111902,06696.364.06$26,691
Feb 201102,07285.644.18$8,661
Jan 201102,56886.504.59$11,784
Dec 20101812,68685.734.35$27,195
Nov 201002,65080.843.80$10,058
Oct 201002,78578.103.51$9,772
Sep 20101802,80072.633.98$24,216
Aug 201002,97073.684.42$13,126
Jul 20101872,86272.554.74$27,123
Jun 201002,46870.364.91$12,119
May 201002,95171.124.24$12,498
Apr 20101922,77181.694.12$27,108
Mar 201002,95378.394.39$12,960
Feb 20101892,88873.585.44$29,624
Jan 201002,84574.365.96$16,968
Dec 200902,78771.445.48$15,283
Nov 20091742,95274.593.75$24,053
Oct 200903,06672.544.11$12,602
Sep 20091893,19465.543.06$22,176
Aug 200903,39567.423.22$10,927
Jul 20091853,48661.133.46$23,386
Jun 200903,39566.163.90$13,224
May 200903,44654.743.93$13,528
Apr 20091843,27746.773.59$20,362
Mar 200903,39342.144.06$13,772
Feb 20091963,11532.814.63$20,863
Jan 200903,47935.865.37$18,686
Dec 20081883,51837.105.98$28,002
Nov 200803,50455.496.86$24,039
Oct 20081833,78175.246.92$39,941
Sep 200803,664101.767.88$28,862
Aug 20081884,000114.228.48$55,405
Jul 200803,688131.0811.39$42,004
Jun 20081943,557131.3313.03$71,835
May 200803,872123.1711.57$44,816
Apr 20081953,812110.3110.45$61,364
Mar 200803,873101.909.66$37,429
Feb 200803,47092.538.77$30,434
Jan 20081983,67490.388.21$48,043
Dec 200703,52488.337.30$25,732
Nov 20071943,62091.677.29$44,180
Oct 200703,81782.856.92$26,421
Sep 20071923,71375.846.24$37,746
Aug 200703,80169.066.39$24,281
Jul 200703,74770.906.39$23,936
Jun 20071914,11262.007.55$42,881
May 200704,22558.747.85$33,151
Apr 20071963,91859.617.81$42,264
Mar 200734,27356.927.30$31,372
Feb 20071963,90155.108.22$42,850
Jan 200714,29650.306.73$28,949
Dec 20062024,49356.656.92$42,528
Nov 200604,48154.207.62$34,134
Oct 20061974,91654.906.01$40,379
Sep 200604,61760.085.04$23,257
Aug 20061915,51768.717.34$53,618
Jul 200605,23969.376.34$33,230
Jun 20061965,04166.286.38$45,172
May 200605,41566.016.42$34,791
Apr 20061885,35764.397.36$51,535
Mar 20062006,06456.707.08$54,291
Feb 200614,93257.597.75$38,286
Jan 20061884,50260.598.93$51,609
Dec 200502,34554.9413.42$31,459
Nov 200502,44654.6910.59$25,899
Oct 20051905,50558.3413.80$87,030
Sep 200515,28061.4512.08$63,839
Aug 20051936,26261.519.80$73,219
Jul 200505,23555.697.84$41,061
Jun 20051844,35452.337.38$41,766
May 20051874,57945.226.65$38,912
Apr 200514,76549.207.36$35,122
Mar 20051974,71950.377.15$43,687
Feb 200514,73145.226.31$29,907
Jan 20051995,38543.166.32$42,634
Dec 20041705,78939.866.75$45,858
Nov 20041835,37545.286.33$42,312
Oct 20041656,38149.706.52$49,773
Sep 200404,49743.245.28$23,762
Aug 20041955,09442.375.55$36,537
Jul 200415,22538.286.08$31,828
Jun 20041875,09436.106.43$39,521
May 200425,47937.486.49$35,659
Apr 20041885,46434.475.86$38,491
Mar 20041915,73834.365.53$38,295
Feb 200405,63132.455.51$31,025
Jan 20041996,19732.036.30$45,413
Dec 20031946,35930.266.30$45,943
Nov 20032026,25628.804.60$34,565
Oct 200316,67528.174.76$31,799
Sep 20031976,84426.314.75$37,688
Aug 20031917,15929.765.13$42,408
Jul 20031967,52629.415.17$44,680
Jun 20031968,07728.565.98$53,922
May 20031978,69726.595.97$57,183
Apr 20031998,46826.675.41$51,096
Mar 20032006,06231.146.10$43,182
Feb 20031988,70433.487.93$75,616
Jan 20033989,69630.315.58$66,187
Dec 20021918,28626.914.85$45,358
Nov 20023798,28724.664.14$43,629
Oct 20025836,38926.464.23$42,446
Sep 20021912,54027.443.64$14,474
Aug 20021864,47625.963.16$18,991
Jul 20023885,21124.583.06$25,492
Jun 20023885,41023.733.34$27,267
May 20021955,69024.663.58$25,202
Apr 2002587023.653.51$13,883
Mar 20023939,45122.003.10$37,970
Feb 200203,99318.222.38$9,486
Jan 20021984,57417.172.38$14,266
Dec 20011984,58216.932.36$14,186
Nov 20011993,24518.072.41$11,402
Oct 20013783,83519.782.53$17,175
Sep 20017713,52924.262.25$26,649
Aug 20013784,02124.873.05$21,678
Jul 200104,09823.933.20$13,102
Jun 20013705,19224.563.82$28,942
May 20017654,60425.524.31$39,354
Apr 20011834,55524.685.34$28,819
Mar 20013954,85224.545.38$35,780
Feb 20013917,22827.755.77$52,535
Jan 20013986,31227.478.40$63,946
Dec 20003465,75626.889.12$61,810
Nov 20001985,95932.215.66$40,094
Oct 20001935,33031.235.15$33,453
Sep 20005647,05631.875.19$54,571
Aug 20001955,07029.644.54$28,801
Jul 20005616,49028.534.09$42,548
Jun 20005637,65229.304.40$50,144
May 20005358,10927.263.68$44,423
Apr 20001765,34624.513.12$20,972
Mar 200096912,57128.422.86$63,489
Feb 20009419,60427.622.73$52,176
Jan 200073910,82525.272.48$45,526
Dec 19995736,33224.282.42$29,259
Nov 19993769,36223.192.43$31,506
Oct 19995619,16420.982.80$37,463
Sep 19997198,42321.752.62$37,697
Aug 19993819,01419.262.88$33,259
Jul 19993789,17217.892.37$28,522
Jun 19997349,90815.942.36$35,104
May 19995768,89315.792.32$29,736
Apr 199992610,54115.102.21$37,258
Mar 19991,35214,58912.471.84$43,679
Feb 19991,31812,3429.981.82$35,589
Jan 19991,48414,16810.381.90$42,322
Dec 19981,49413,6729.201.77$37,990
Nov 19981,14110,19710.892.19$34,713
Oct 19982,08913,59512.421.97$52,717
Sep 19981,71814,27412.592.08$51,357
Aug 19982,09914,81311.301.91$51,972
Jul 19981,90515,96611.742.24$58,085
Jun 19981,87017,09711.242.24$59,269
May 19982,65819,36612.622.21$76,272
Apr 19982,29418,89813.042.51$77,259
Mar 19983,06723,26312.802.31$92,982
Feb 19982,85123,58613.952.30$93,999
Jan 19983,66930,64414.702.15$119,966
Dec 19973,88236,03016.322.41$150,226
Nov 19976,35937,35918.193.09$231,045
Oct 19979,12433,23619.253.15$280,324
Sep 19971484917.742.95$2,770
Aug 1997048817.862.55$1,247
Jul 1997056817.582.25$1,276
Jun 1997048717.242.26$1,099
May 1997052018.972.31$1,200
Apr 1997158917.882.08$1,245
Mar 1997061718.951.94$1,196
Feb 1997058720.492.21$1,295
Jan 199719584523.483.54$7,570
Dec 199611,06023.32$23
Nov 1996099621.97$0
Oct 1996160923.31$23
Sep 1996086022.22$0
Aug 1996167920.26$20
Jul 1996271119.55$39
Jun 1996276118.73$37
May 1996175019.43$19
Apr 199637768121.51$8,109
Mar 199601,19819.38$0
Feb 1996067516.98$0
Jan 1996079417.07$0
Dec 1995090017.19$0
Nov 1995086416.00$0
Oct 1995233515.43$31
Sep 1995273216.18$32
Aug 199501,17215.92$0
Jul 199511,29415.24$15
Jun 199501,05716.41$0
May 1995283017.56$35
Apr 199501,49617.73$0
Mar 199501,05816.44$0
Feb 1995293216.58$33
Jan 199501,23515.92$0
Dec 199401,22215.03$0
Nov 1994020915.90$0
Oct 1994118115.58$16
Sep 1994019215.29$0
Aug 19940116.13$0
Jul 19942181,40817.56$3,828
Jun 199401,52917.09$0
May 199401,72815.88$0
Apr 19941861,69214.14$2,630
Mar 199401,96912.46$0
Feb 199401,86412.50$0
Jan 199402,11712.66$0
Dec 19933812,20012.33$4,698
Nov 199302,43714.49$0
Oct 199302,74015.85$0
Sep 199302,35015.03$0
Aug 199302,33215.66$0
Jul 199302,33415.46$0
Jun 19934312,18116.79$7,236
May 199302,23617.68$0
Apr 199302,01218.05$0
Mar 199302,40618.14$0
Feb 199302,34917.90$0
Jan 199302,56016.93$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.

Oct 2024 — as filed, then multipliedworked
Oil                  137 bbl  × $ 71.37 =     $9,778
Casinghead gas         0 Mcf  × $  2.28 =         $0

────────────────────────────────────────────────────
Month total                                   $9,778

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/13388 is the state's own key, not one this site invented.