DEAN EQUIPMENT COMPANY

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 14181District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$14 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
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
OilDisposition55,288 bbl$1,931,686
Casinghead gasProduction288,015 Mcf$727,513
Total$2,659,199

118,585 Mcf of this lease's gas, across 47 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 (3)

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 30.2036, -96.8936. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

30.20371, -96.89359 · 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
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
8,681 ft
3 wells filed one
Completion to plug
23.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

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 8,612 and 8,980 ft, median 8,681 ft, over the 3 wells that filed a depth.

Completions filed
Apr 1981 – Aug 1993
3 of 3 wells
Plug dates filed
Jul 1998 – Aug 2023
2 of 3 wells; 1 filed none

Last completion to plug: a median of 23.7 years across the 2 wells that filed both dates, with the middle half between 14.3 years and 33.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-2873093328,980 ftAug 1993Jul 1998Yes
42-2873136548,612 ftJun 1984
42-2873085838,681 ftApr 1981Aug 2023Yes

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 2026052106.413.05$158
Apr 20260698.932.87$17
Mar 20260989.753.15$28
Feb 202601663.503.75$60
Jan 202607159.138.00$568
Dec 202518711656.664.41$11,107
Nov 202507758.593.93$302
Oct 20250059.383.30$0
Sep 202515662.743.08$235
Aug 2025015063.933.01$452
Jul 2025115866.743.32$591
Jun 2025015566.483.13$485
May 202518615060.553.23$11,747
Apr 2025114962.363.54$590
Mar 2025016667.704.27$709
Feb 2025028670.884.34$1,241
Jan 20251074.324.28$74
Dec 20241815368.993.12$12,653
Nov 2024014069.052.20$308
Oct 2024014871.372.28$338
Sep 2024113969.612.36$398
Aug 202417614975.632.06$13,618
Jul 2024012279.932.15$262
Jun 2024015078.082.63$395
May 202418328478.812.20$15,047
Apr 202402684.451.66$43
Mar 2024013180.301.55$202
Feb 202418213076.091.78$14,080
Jan 2024011973.023.30$392
Dec 2023011571.262.61$300
Nov 202318612177.892.81$14,827
Oct 2023114485.443.09$530
Sep 2023012189.042.74$331
Aug 202308980.522.67$238
Jul 20231749874.852.64$13,283
Jun 2023011168.962.26$251
May 202304370.622.23$96
Apr 202305178.122.24$114
Mar 202308472.852.39$201
Feb 20231775975.112.47$13,440
Jan 2023018476.533.39$623
Dec 202202476.415.73$138
Nov 202217812285.005.65$15,819
Oct 2022010187.185.86$592
Sep 202208384.888.16$678
Aug 202218810894.529.13$18,755
Jul 20220102101.587.54$769
Jun 2022082115.097.98$654
May 2022063109.378.43$531
Apr 20220121104.226.84$827
Mar 2022023108.885.08$117
Feb 20221944491.054.86$17,877
Jan 202204281.844.54$191
Dec 202108871.323.90$343
Nov 202107477.435.24$388
Oct 20211757379.795.71$14,380
Sep 202107269.865.35$385
Aug 202108466.024.22$355
Jul 2021010770.783.98$426
Jun 202118711069.493.38$13,367
May 2021012463.483.02$374
Apr 202105660.362.76$154
Mar 202117311561.302.72$10,917
Feb 2021010857.805.55$599
Jan 2021015950.412.81$447
Dec 2020015544.642.68$415
Nov 202017715738.772.71$7,287
Oct 2020017836.972.48$441
Sep 2020016437.091.99$327
Aug 2020019839.982.39$472
Jul 202018119238.371.83$7,295
Jun 2020015634.901.69$264
May 2020018616.921.81$338
Apr 202009514.751.80$171
Mar 202019016730.341.86$6,075
Feb 2020014649.881.98$289
Jan 2020015857.252.09$331
Dec 201917812059.012.30$10,780
Nov 2019015655.302.75$429
Oct 2019018853.472.42$455
Sep 201918322155.052.66$10,661
Aug 2019019053.112.30$438
Jul 2019017156.272.46$421
Jun 201917815352.782.49$9,776
May 2019019858.482.74$543
Apr 2019019662.632.75$539
Mar 2019019156.803.06$585
Feb 201918116850.852.79$9,673
Jan 2019014046.033.23$452
Dec 201818518246.594.19$9,381
Nov 2018017152.934.24$725
Oct 2018021961.443.40$744
Sep 201818219959.543.11$11,455
Aug 2018018859.403.07$577
Jul 2018019465.142.93$569
Jun 201818220660.183.08$11,587
May 2018019065.382.90$551
Apr 2018018263.842.90$528
Mar 201819020661.222.79$12,206
Feb 2018015161.782.77$418
Jan 2018020962.874.01$838
Dec 201718318657.272.92$11,024
Nov 2017019755.423.12$614
Oct 2017019749.292.98$588
Sep 2017019747.523.09$608
Aug 2017015345.373.00$460
Jul 201718318943.873.09$8,612
Jun 2017019242.493.09$593
May 201719220045.373.26$9,364
Apr 2017012847.933.21$411
Mar 2017016546.772.98$492
Feb 201717917950.452.95$9,559
Jan 2017017849.413.42$609
Dec 2016012648.763.72$469
Nov 2016016042.492.64$423
Oct 201617924846.193.09$9,034
Sep 2016020341.553.10$629
Aug 201617623641.442.92$7,984
Jul 2016021041.622.92$614
Jun 2016021945.352.69$588
May 201617818642.521.99$7,939
Apr 2016019036.561.99$378
Mar 2016023833.011.79$427
Feb 2016023026.472.06$475
Jan 201619425227.352.36$5,902
Dec 2015023132.362.00$462
Nov 2015023238.792.17$503
Oct 201518623343.552.43$8,666
Sep 2015025442.992.76$701
Aug 201518824940.162.87$8,265
Jul 2015025848.152.95$760
Jun 2015023956.152.88$689
May 201518525155.212.96$10,956
Apr 2015025249.822.71$682
Mar 2015026642.892.93$781
Feb 201518119044.662.98$8,649
Jan 2015022043.433.10$682
Dec 201419525854.693.59$11,591
Nov 2014025170.464.25$1,067
Oct 201418425078.303.90$15,382
Sep 2014022086.164.05$890
Aug 2014026589.394.04$1,069
Jul 201419126796.564.18$19,559
Jun 2014025998.164.74$1,227
May 2014023694.734.73$1,115
Apr 201418323295.944.81$18,673
Mar 2014024195.895.06$1,219
Feb 201419723097.406.19$20,612
Jan 2014022990.404.86$1,113
Dec 2013025991.824.35$1,128
Nov 201318224988.853.74$17,102
Oct 2013026697.423.78$1,005
Sep 2013184241104.113.72$20,052
Aug 20130246104.253.52$867
Jul 20130230102.523.72$855
Jun 2013026694.403.93$1,046
May 201318635294.834.15$19,099
Apr 2013022493.964.28$959
Mar 201318630193.623.91$18,591
Feb 2013026591.233.42$906
Jan 201318230291.603.42$17,704
Dec 2012027786.773.42$947
Nov 2012026786.953.62$968
Oct 201217028489.383.40$16,160
Sep 2012029394.672.92$855
Aug 201218030892.662.91$17,575
Jul 2012031385.133.02$946
Jun 201218728479.822.52$15,642
May 2012028191.612.49$699
Apr 20120284101.652.00$567
Mar 2012177267105.052.22$19,187
Feb 20120228101.102.57$586
Jan 2012023598.092.73$643
Dec 2011019596.873.24$632
Nov 201117911095.723.31$17,498
Oct 2011017784.983.65$646
Sep 201118521883.623.99$16,339
Aug 2011031283.404.15$1,295
Jul 201116425394.144.52$16,582
Jun 2011025592.904.64$1,183
May 201119136398.134.40$20,342
Apr 2011171318105.964.33$19,497
Mar 2011031996.364.06$1,294
Feb 201118728485.644.18$17,202
Jan 2011028386.504.59$1,299
Dec 2010031285.734.35$1,357
Nov 201018731580.843.80$16,313
Oct 2010036178.103.51$1,267
Sep 201018635172.633.98$14,906
Aug 2010037473.684.42$1,653
Jul 2010034772.554.74$1,644
Jun 201018735770.364.91$14,910
May 201018440871.124.24$14,814
Apr 2010035481.694.12$1,459
Mar 201019441378.394.39$17,020
Feb 2010039773.585.44$2,161
Jan 2010045174.365.96$2,690
Dec 200918647471.445.48$15,887
Nov 2009040974.593.75$1,534
Oct 200918539272.544.11$15,031
Sep 2009035965.543.06$1,100
Aug 200918034367.423.22$13,240
Jul 2009035161.133.46$1,216
Jun 200918232366.163.90$13,299
May 200919427554.743.93$11,699
Apr 2009031046.773.59$1,112
Mar 2009034142.144.06$1,384
Feb 200919530832.814.63$7,825
Jan 2009041635.865.37$2,234
Dec 200819443737.105.98$9,809
Nov 2008041555.496.86$2,847
Oct 200819441175.246.92$17,441
Sep 20080410101.767.88$3,230
Aug 2008194386114.228.48$25,433
Jul 20080331131.0811.39$3,770
Jun 2008193346131.3313.03$29,856
May 20080374123.1711.57$4,329
Apr 2008195382110.3110.45$25,504
Mar 20080426101.909.66$4,117
Feb 200819643292.538.77$21,925
Jan 2008054290.388.21$4,448
Dec 200719449188.337.30$20,721
Nov 2007050991.677.29$3,711
Oct 2007051782.856.92$3,579
Sep 200719249675.846.24$17,658
Aug 2007049369.066.39$3,149
Jul 200719054670.906.39$16,959
Jun 2007052862.007.55$3,986
May 200719354658.747.85$15,621
Apr 2007055259.617.81$4,308
Mar 200738456656.927.30$25,990
Feb 2007052655.108.22$4,322
Jan 200719359750.306.73$13,724
Dec 2006060156.656.92$4,158
Nov 200617860054.207.62$14,218
Oct 2006060954.906.01$3,662
Sep 2006059860.085.04$3,012
Aug 200618863468.717.34$17,571
Jul 2006063169.376.34$4,002
Jun 200618562566.286.38$16,252
May 2006066666.016.42$4,279
Apr 200617966664.397.36$16,428
Mar 200618667356.707.08$15,313
Feb 2006064657.597.75$5,007
Jan 200618472160.598.93$17,589
Dec 200518373854.9413.42$19,955
Nov 2005073354.6910.59$7,761
Oct 2005075258.3413.80$10,374
Sep 200515370661.4512.08$17,930
Aug 200515673561.519.80$16,796
Jul 200518071955.697.84$15,664
Jun 2005067852.337.38$5,004
May 200517773745.226.65$12,906
Apr 2005073349.207.36$5,395
Mar 200518276550.377.15$14,641
Feb 200518469745.226.31$12,720
Jan 2005078843.166.32$4,982
Dec 200418380639.866.75$12,736
Nov 2004077945.286.33$4,931
Oct 200416681649.706.52$13,567
Sep 200417073643.245.28$11,240
Aug 200417281042.375.55$11,784
Jul 2004080238.286.08$4,880
Jun 200417778336.106.43$11,427
May 200418292037.486.49$12,796
Apr 2004067634.475.86$3,960
Mar 200418183234.365.53$10,820
Feb 200418177632.455.51$10,149
Jan 200418185232.036.30$11,165
Dec 200318485330.266.30$10,943
Nov 2003083128.804.60$3,819
Oct 200317725128.174.76$6,181
Sep 200317976226.314.75$8,329
Aug 2003178829.765.13$4,072
Jul 200353884829.415.17$20,207
Jun 2003081228.565.98$4,858
May 2003176126.595.97$4,572
Apr 2003081826.675.41$4,423
Mar 200318385531.146.10$10,911
Feb 200318578833.487.93$12,439
Jan 2003083430.315.58$4,655
Dec 200236390226.914.85$14,146
Nov 2002083724.664.14$3,463
Oct 2002094026.464.23$3,975
Sep 200217484327.443.64$7,839
Aug 200235089525.963.16$11,918
Jul 2002090524.583.06$2,771
Jun 200217585623.733.34$7,010
May 200235387924.663.58$11,855
Apr 2002084023.653.51$2,950
Mar 2002089622.003.10$2,780
Feb 200217783618.222.38$5,211
Jan 200218095017.172.38$5,348
Dec 200117296116.932.36$5,184
Nov 200118192418.072.41$5,493
Oct 200117495019.782.53$5,844
Sep 200117192024.262.25$6,220
Aug 200135285124.873.05$11,352
Jul 2001093423.933.20$2,986
Jun 2001056924.563.82$2,176
May 200117291125.524.31$8,313
Apr 200117894224.685.34$9,419
Mar 200135794224.545.38$13,825
Feb 2001088027.755.77$5,075
Jan 2001094527.478.40$7,937
Dec 20001811,01126.889.12$14,088
Nov 200017198832.215.66$11,098
Oct 20001731,09031.235.15$11,011
Sep 20003501,05931.875.19$16,647
Aug 200001,00629.644.54$4,568
Jul 20001801,02828.534.09$9,340
Jun 200017694429.304.40$9,308
May 2000098227.263.68$3,614
Apr 2000093024.513.12$2,898
Mar 200035094128.422.86$12,638
Feb 2000094227.622.73$2,568
Jan 200018699325.272.48$7,163
Dec 19991801,07624.282.42$6,978
Nov 19991851,01023.192.43$6,748
Oct 19991761,09620.982.80$6,765
Sep 19991881,02721.752.62$6,779
Aug 19991761,13719.262.88$6,659
Jul 19991761,20317.892.37$6,003
Jun 19993581,11915.942.36$8,350
May 199901,02415.792.32$2,377
Apr 199901,13415.102.21$2,504
Mar 19991771,29012.471.84$4,579
Feb 19991781,1839.981.82$3,927
Jan 19991781,20010.381.90$4,128
Dec 19981811,1989.201.77$3,790
Nov 199801,18410.892.19$2,588
Oct 19981821,24912.421.97$4,720
Sep 19981771,29312.592.08$4,921
Aug 19981851,41611.301.91$4,791
Jul 19983721,41811.742.24$7,540
Jun 199801,32311.242.24$2,960
May 19983611,33512.622.21$7,501
Apr 19983541,41913.042.51$8,171
Mar 199801,18412.802.31$2,734
Feb 19983521,26113.952.30$7,810
Jan 199801,34614.702.15$2,900
Dec 199701,36616.322.41$3,294
Nov 19973571,46418.193.09$11,015
Oct 199701,52619.253.15$4,807
Sep 19973481,53817.742.95$10,718
Aug 19973571,50617.862.55$10,223
Jul 199701,61517.582.25$3,629
Jun 19973551,62317.242.26$9,784
May 199701,76318.972.31$4,070
Apr 19973511,74117.882.08$9,902
Mar 19973521,59018.951.94$9,754
Feb 199701,49620.492.21$3,300
Jan 19973741,68023.483.54$14,728
Dec 199601,69923.32$0
Nov 19963781,68221.97$8,305
Oct 199601,81923.31$0
Sep 19963581,75922.22$7,955
Aug 19963701,86120.26$7,496
Jul 199601,95619.55$0
Jun 19963521,90018.73$6,593
May 19961792,01319.43$3,478
Apr 199602,00421.51$0
Mar 19963672,11019.38$7,112
Feb 19963551,98316.98$6,028
Jan 19961822,08317.07$3,107
Dec 19951772,14717.19$3,043
Nov 19953642,14516.00$5,824
Oct 19955362,45515.43$8,270
Sep 19955342,42916.18$8,640
Aug 199512,62715.92$16
Jul 19950015.24$0
Jun 1995029016.41$0
May 19951761,86817.56$3,091
Apr 19953591,87317.73$6,365
Mar 19951841,84916.44$3,025
Feb 19957261,70216.58$12,037
Jan 199521,96615.92$32
Dec 19945422,00415.03$8,146
Nov 19941781,40715.90$2,830
Oct 19945421,84515.58$8,444
Sep 19943602,30915.29$5,504
Aug 19941792,30616.13$2,887
Jul 19943602,37517.56$6,322
Jun 19943572,60717.09$6,101
May 19943632,55815.88$5,764
Apr 19945452,76514.14$7,706
Mar 19943673,10312.46$4,573
Feb 19947262,74912.50$9,075
Jan 19943693,57512.66$4,672
Dec 19937274,27512.33$8,964
Nov 19937273,73214.49$10,534
Oct 19937364,66015.85$11,666
Sep 19937174,05915.03$10,777
Aug 19937215,15515.66$11,291
Jul 19937354,44415.46$11,363
Jun 19931,1194,07316.79$18,788
May 19931,5723,74217.68$27,793
Apr 19931,1143,36418.05$20,108
Mar 19932,2503,38518.14$40,815
Feb 19931,5372,02417.90$27,512
Jan 19933861,84916.93$6,535

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                    0 bbl  × $106.41 =         $0
Casinghead gas        52 Mcf  × $  3.05 =       $158

────────────────────────────────────────────────────
Month total                                     $158

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/14181 is the state's own key, not one this site invented.