LIGHTSEY-URBANOWSKY 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 14240District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$8.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$209 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
OilDisposition149,358 bbl$6,940,694
Casinghead gasProduction241,651 Mcf$1,087,405
Total$8,028,099

48 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 30.5820, -96.6131. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.58197, -96.61310 · 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
9,074 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 9,074 ft.

Completions filed
Nov 1998
1 of 1 wells

1 well

42-0513147719,074 ftNov 1998

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 2026178286106.413.05$19,812
Apr 202637732498.932.87$38,226
Mar 202617828089.753.15$16,857
Feb 202619129263.503.75$13,224
Jan 202637536059.138.00$25,053
Dec 202517438656.664.41$11,562
Nov 202517042958.593.93$11,645
Oct 20250059.383.30$0
Sep 202533818662.743.08$21,778
Aug 202517831463.933.01$12,326
Jul 202518641766.743.32$13,796
Jun 202535445666.483.13$24,961
May 202516847160.553.23$11,695
Apr 202534628262.363.54$22,576
Mar 202534410567.704.27$23,737
Feb 202516831670.884.34$13,280
Jan 202535048374.324.28$28,079
Dec 202417752568.993.12$13,850
Nov 202417054169.052.20$12,928
Oct 202433655871.372.28$25,253
Sep 202417352369.612.36$13,279
Aug 202417844575.632.06$14,380
Jul 202434454379.932.15$28,662
Jun 202433654478.082.63$27,668
May 202416756878.812.20$14,410
Apr 202417355384.451.66$15,527
Mar 202434063580.301.55$28,283
Feb 202451676576.091.78$40,627
Jan 2024059673.023.30$1,965
Dec 202317749371.262.61$13,900
Nov 202334962277.892.81$28,930
Oct 2023041285.443.09$1,272
Sep 202335258889.042.74$32,950
Aug 202334861180.522.67$29,654
Jul 202317557074.852.64$14,605
Jun 202335563468.962.26$25,913
May 202335653770.622.23$26,337
Apr 202334675278.122.24$28,712
Mar 2023037972.852.39$907
Feb 202317933175.112.47$14,261
Jan 202334072076.533.39$28,459
Dec 2022024576.415.73$1,404
Nov 202217636185.005.65$16,998
Oct 202234868087.185.86$34,326
Sep 2022029584.888.16$2,408
Aug 202216943894.529.13$19,972
Jul 2022336625101.587.54$38,845
Jun 2022340624115.097.98$44,108
May 2022344651109.378.43$43,113
Apr 20220602104.226.84$4,116
Mar 2022362578108.885.08$42,349
Feb 202235855991.054.86$35,312
Jan 202237061881.844.54$33,085
Dec 202136359171.323.90$28,194
Nov 202117750677.435.24$16,355
Oct 202173858979.795.71$62,250
Sep 2021061269.865.35$3,275
Aug 202135563866.024.22$26,130
Jul 202135366470.783.98$27,629
Jun 202118263169.493.38$14,780
May 202134956563.483.02$23,860
Apr 202135563660.362.76$23,182
Mar 202134967961.302.72$23,239
Feb 202137958357.805.55$25,141
Jan 202151265150.412.81$27,639
Dec 202049069244.642.68$23,725
Nov 202036368838.772.71$15,936
Oct 202032534936.972.48$12,880
Sep 2020500037.091.99$18,545
Aug 2020322039.982.39$12,874
Jul 202034141638.371.83$13,843
Jun 202067478434.901.69$24,848
May 2020043316.921.81$786
Apr 2020076214.751.80$1,375
Mar 202051682930.341.86$17,194
Feb 202017947449.881.98$9,867
Jan 202005357.252.09$111
Dec 201917822459.012.30$11,020
Nov 201918032655.302.75$10,851
Oct 201917439453.472.42$10,257
Sep 201936049855.052.66$21,141
Aug 201935355253.112.30$20,020
Jul 201953053756.272.46$31,144
Jun 201918236252.782.49$10,508
May 201935316558.482.74$21,096
Apr 201902362.632.75$63
Mar 201917552256.803.06$11,538
Feb 201936762050.852.79$20,393
Jan 2019052346.033.23$1,688
Dec 201818754246.594.19$10,981
Nov 201817054652.934.24$11,312
Oct 201816158961.443.40$11,893
Sep 201818053359.543.11$12,374
Aug 201833366859.403.07$21,829
Jul 201816753165.142.93$12,435
Jun 201816448460.183.08$11,359
May 201816163365.382.90$12,362
Apr 201815828563.842.90$10,913
Mar 201816765261.222.79$12,041
Feb 201833453561.782.77$22,114
Jan 201816566462.874.01$13,036
Dec 201734157957.272.92$21,221
Nov 201716660455.423.12$11,083
Oct 2017057449.292.98$1,713
Sep 201718966547.523.09$11,034
Aug 201718868945.373.00$10,600
Jul 201718070443.873.09$10,070
Jun 201718166542.493.09$9,744
May 201736868545.373.26$18,932
Apr 201718173347.933.21$11,029
Mar 201718343946.772.98$9,869
Feb 201718257550.452.95$10,880
Jan 201719066749.413.42$11,668
Dec 201618465148.763.72$11,395
Nov 201618267442.492.64$9,515
Oct 201619561846.193.09$10,917
Sep 201619059641.553.10$9,742
Aug 201618168941.442.92$9,516
Jul 201618166741.622.92$9,484
Jun 201618869545.352.69$10,392
May 201638586842.521.99$18,098
Apr 2016034136.561.99$679
Mar 201618329233.011.79$6,565
Feb 201603326.472.06$68
Jan 201619240127.352.36$6,199
Dec 201518550332.362.00$6,993
Nov 201518147938.792.17$8,059
Oct 201519257443.552.43$9,754
Sep 201535634142.992.76$16,245
Aug 201519271540.162.87$9,765
Jul 201519063948.152.95$11,030
Jun 201518965456.152.88$12,498
May 201518969555.212.96$12,489
Apr 201538188249.822.71$21,369
Mar 2015053442.892.93$1,567
Feb 201519161444.662.98$10,357
Jan 201537680643.433.10$18,829
Dec 201419468154.693.59$13,056
Nov 201418775470.464.25$16,382
Oct 201437679378.303.90$32,534
Sep 201419187286.164.05$19,984
Aug 201418591089.394.04$20,209
Jul 201438494696.564.18$41,033
Jun 201419093198.164.74$23,060
May 201438288494.734.73$40,365
Apr 201419095495.944.81$22,817
Mar 20141941,03095.895.06$23,811
Feb 201437592397.406.19$42,240
Jan 20143791,13390.404.86$39,769
Dec 2013059691.824.35$2,595
Nov 201337693788.853.74$36,910
Oct 20131911,00197.423.78$22,390
Sep 2013378969104.113.72$42,956
Aug 20133791,010104.253.52$43,069
Jul 20131901,056102.523.72$23,405
Jun 201337388694.403.93$38,696
May 20133781,09194.834.15$40,372
Apr 20131941,12993.964.28$23,063
Mar 201318989193.623.91$21,181
Feb 201338779791.233.42$38,032
Jan 201337079991.603.42$36,625
Dec 201238598686.773.42$36,779
Nov 201218895986.953.62$19,823
Oct 20125711,08789.383.40$54,731
Sep 20121881,15994.672.92$21,180
Aug 20123741,27592.662.91$38,363
Jul 20123801,28585.133.02$36,231
Jun 20125691,23479.822.52$48,526
May 20123771,10891.612.49$37,294
Apr 20125731,213101.652.00$60,668
Mar 20125691,442105.052.22$62,978
Feb 2012190217101.102.57$19,767
Jan 201238258098.092.73$39,056
Dec 201118959096.873.24$20,220
Nov 201118648895.723.31$19,420
Oct 201118556684.983.65$17,786
Sep 201118656083.623.99$17,785
Aug 201118857683.404.15$18,069
Jul 201118573794.144.52$20,745
Jun 201118463592.904.64$20,040
May 201118687298.134.40$22,093
Apr 2011188697105.964.33$22,941
Mar 20113741,09196.364.06$40,465
Feb 2011079485.644.18$3,319
Jan 201118683286.504.59$19,907
Dec 201019377185.734.35$19,898
Nov 201038180680.843.80$33,859
Oct 201018569078.103.51$16,870
Sep 20101901,33272.633.98$19,100
Aug 20103801,06073.684.42$32,683
Jul 2010013872.554.74$654
Jun 201018855270.364.91$15,938
May 201037467771.124.24$29,466
Apr 201037678081.694.12$33,931
Mar 201019067478.394.39$17,852
Feb 201038354573.585.44$31,147
Jan 201055295174.365.96$46,719
Dec 200936463771.445.48$29,497
Nov 20091851,03274.593.75$17,671
Oct 200936982872.544.11$30,171
Sep 200918363565.543.06$13,940
Aug 200936491267.423.22$27,476
Jul 200936774661.133.46$25,019
Jun 200936870766.163.90$27,101
May 200951665454.743.93$30,813
Apr 2009045046.773.59$1,614
Mar 200936783742.144.06$18,863
Feb 200936367432.814.63$15,033
Jan 200970786635.865.37$30,004
Dec 200817677337.105.98$11,150
Nov 200836970255.496.86$25,292
Oct 200836885275.246.92$33,586
Sep 2008367683101.767.88$42,726
Aug 2008347787114.228.48$46,310
Jul 2008365714131.0811.39$55,976
Jun 2008518693131.3313.03$77,061
May 2008170675123.1711.57$28,752
Apr 2008650630110.3110.45$78,288
Mar 2008169754101.909.66$24,508
Feb 200832544892.538.77$34,001
Jan 200852566190.388.21$52,873
Dec 200752259488.337.30$50,446
Nov 200718658091.677.29$21,280
Oct 200717169182.856.92$18,950
Sep 200752368375.846.24$43,929
Aug 200769558869.066.39$51,753
Jul 2007064370.906.39$4,107
Jun 200733070962.007.55$25,812
May 200735269958.747.85$26,161
Apr 200751464759.617.81$35,690
Mar 200735369256.927.30$25,146
Feb 200735373755.108.22$25,505
Jan 200735366150.306.73$22,202
Dec 200637778756.656.92$26,802
Nov 200636576154.207.62$25,580
Oct 200635969454.906.01$23,883
Sep 200635661560.085.04$24,486
Aug 200671674968.717.34$54,694
Jul 2006070569.376.34$4,472
Jun 20067321,04066.286.38$55,156
May 200635387266.016.42$28,904
Apr 200636788764.397.36$30,160
Mar 200634992256.707.08$26,319
Feb 200670085157.597.75$46,909
Jan 200634889260.598.93$29,054
Dec 200573098454.9413.42$53,307
Nov 200536187954.6910.59$29,050
Oct 200571887858.3413.80$54,001
Sep 2005064261.4512.08$7,755
Aug 20055411,18361.519.80$44,867
Jul 20057111,16055.697.84$48,694
Jun 20055381,17452.337.38$36,819
May 20057051,20245.226.65$39,875
Apr 20055271,10249.207.36$34,040
Mar 20053461,02250.377.15$24,740
Feb 20055471,03245.226.31$31,249
Jan 200553990243.166.32$28,966
Dec 200473884639.866.75$35,128
Nov 200436587745.286.33$22,079
Oct 200454488049.706.52$32,770
Sep 200453585443.245.28$27,646
Aug 200456787242.375.55$28,864
Jul 20046911,04338.286.08$32,797
Jun 200436392036.106.43$19,023
May 20047181,02237.486.49$33,548
Apr 200451991734.475.86$23,262
Mar 20047141,10734.365.53$30,655
Feb 20047681,02532.455.51$30,569
Jan 20047351,09732.036.30$30,453
Dec 20037401,13130.266.30$29,520
Nov 200370593328.804.60$24,591
Oct 20035251,01128.174.76$19,601
Sep 200369689626.314.75$22,567
Aug 20037131,02329.765.13$26,467
Jul 20037041,02229.415.17$25,989
Jun 20037051,02028.565.98$26,237
May 20031,07593226.595.97$34,151
Apr 200336784526.675.41$14,357
Mar 20031,06699531.146.10$39,261
Feb 200372596933.487.93$31,953
Jan 20031,0611,03330.315.58$37,925
Dec 200254281826.914.85$18,556
Nov 200272082424.664.14$21,164
Oct 200273890226.464.23$23,342
Sep 200270399227.443.64$22,896
Aug 200288392025.963.16$25,834
Jul 200270695924.583.06$20,290
Jun 20021,06686023.733.34$28,167
May 20021,0721,05624.663.58$30,220
Apr 20021,0661,00123.653.51$28,727
Mar 20021,0521,14322.003.10$26,690
Feb 20021,2521,11718.222.38$25,465
Jan 20021,0611,14217.172.38$20,930
Dec 20011,2591,21216.932.36$24,181
Nov 20011,2521,17318.072.41$25,445
Oct 20011,4021,26519.782.53$30,931
Sep 20011,5981,15524.262.25$41,368
Aug 20011,4361,19024.873.05$39,347
Jul 20011,7501,43823.933.20$46,475
Jun 20011,9301,26124.563.82$52,223
May 200167696925.524.31$21,425
Apr 20011,09296424.685.34$32,094
Mar 20011,0761,58124.545.38$34,905
Feb 20011,5891,51027.755.77$52,803
Jan 20011,4381,58727.478.40$52,831
Dec 20002,9241,40326.889.12$91,396
Nov 200054929632.215.66$19,358
Oct 200055088831.235.15$21,746
Sep 200036266031.875.19$14,960
Aug 200071567729.644.54$24,267
Jul 200072260328.534.09$23,065
Jun 200036154329.304.40$12,965
May 200072267527.263.68$22,166
Apr 200085270024.513.12$23,064
Mar 2000042628.422.86$1,218
Feb 2000186027.622.73$5,137
Jan 200036145525.272.48$10,251
Dec 199953965724.282.42$14,679
Nov 199992072623.192.43$23,102
Oct 199972976020.982.80$17,425
Sep 199988476221.752.62$21,223
Aug 19991,07571719.262.88$22,766
Jul 199933661117.892.37$7,461
Jun 19991,2321,09815.942.36$22,232
May 19991,2421,09115.792.32$22,143
Apr 19998561,21315.102.21$15,604
Mar 19991,3741,32412.471.84$19,568
Feb 19991,0631,2639.981.82$12,905
Jan 19991,3061,31610.381.90$16,057
Dec 19981,7431,9069.201.77$19,416
Nov 199870948410.892.19$8,779
Oct 19980012.421.97$0
Sep 1998180012.592.08$2,266
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980111.242.24$2
May 1998187112.622.21$2,362
Apr 19980113.042.51$3
Mar 19980112.802.31$2
Feb 19980113.952.30$2
Jan 1998141114.702.15$2,075
Dec 19970116.322.41$2
Nov 19970118.193.09$3
Oct 19970119.253.15$3
Sep 199762117.742.95$1,103
Aug 1997153117.862.55$2,735
Jul 1997178117.582.25$3,131
Jun 19970117.242.26$2
May 1997165118.972.31$3,132
Apr 19970117.882.08$2
Mar 1997103118.951.94$1,954
Feb 1997171120.492.21$3,506
Jan 1997181123.483.54$4,253
Dec 19960123.32$0
Nov 1996138121.97$3,032
Oct 1996102123.31$2,378
Sep 1996111122.22$2,466
Aug 1996155120.26$3,140
Jul 199696119.55$1,877
Jun 199678118.73$1,461
May 1996159119.43$3,089
Apr 1996101121.51$2,173
Mar 1996134119.38$2,597
Feb 1996104116.98$1,766
Jan 1996109117.07$1,861
Dec 199590117.19$1,547
Nov 1995137116.00$2,192
Oct 1995163115.43$2,515
Sep 1995178116.18$2,880
Aug 1995181115.92$2,882
Jul 19950115.24$0
Jun 1995137116.41$2,248
May 1995171117.56$3,003
Apr 1995184117.73$3,262
Mar 1995178116.44$2,926
Feb 1995184116.58$3,051
Jan 1995171115.92$2,722
Dec 1994198115.03$2,976
Nov 1994187115.90$2,973
Oct 1994179115.58$2,789
Sep 1994162115.29$2,477
Aug 1994185116.13$2,984
Jul 1994351117.56$6,164
Jun 1994178117.09$3,042
May 1994177115.88$2,811
Apr 1994178114.14$2,517
Mar 1994188112.46$2,342
Feb 1994181112.50$2,263
Jan 1994191112.66$2,418
Dec 1993179112.33$2,207
Nov 1993182114.49$2,637
Oct 1993181115.85$2,869
Sep 1993180115.03$2,705
Aug 1993177115.66$2,772
Jul 1993177115.46$2,736
Jun 1993345116.79$5,793
May 1993185117.68$3,271
Apr 1993184118.05$3,321
Mar 1993175118.14$3,175
Feb 1993313117.90$5,603
Jan 1993169116.93$2,861

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                  178 bbl  × $106.41 =    $18,941
Casinghead gas       286 Mcf  × $  3.05 =       $871

────────────────────────────────────────────────────
Month total                                  $19,812

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/14240 is the state's own key, not one this site invented.