SCHROEDER 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 14287District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$76 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
NGPA1none

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
OilDisposition95,311 bbl$4,122,531
Casinghead gasProduction111,155 Mcf$531,808
Total$4,654,339

18 Mcf of this lease's gas, across 18 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 30.1513, -96.9186. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.15129, -96.91862 · 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
8,820 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 8,820 ft.

Completions filed
Nov 1999
1 of 1 wells

1 well

42-2873091918,820 ftNov 1999

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 2026175121106.413.05$18,990
Apr 202613498.932.87$197
Mar 202603489.753.15$107
Feb 20261787063.503.75$11,566
Jan 202609559.138.00$760
Dec 20251797456.664.41$10,469
Nov 20251718258.593.93$10,341
Oct 202508659.383.30$284
Sep 202505962.743.08$182
Aug 20251744863.933.01$11,269
Jul 202506366.743.32$209
Jun 20251707766.483.13$11,543
May 2025010660.553.23$343
Apr 20251779962.363.54$11,388
Mar 202517112467.704.27$12,106
Feb 202517316770.884.34$12,987
Jan 20250974.324.28$39
Dec 202403868.993.12$119
Nov 20241659669.052.20$11,604
Oct 2024011071.372.28$251
Sep 202417410169.612.36$12,351
Aug 2024110975.632.06$301
Jul 20241698879.932.15$13,697
Jun 202417811278.082.63$14,193
May 2024014778.812.20$323
Apr 202403284.451.66$53
Mar 202418310880.301.55$14,862
Feb 20241809876.091.78$13,871
Jan 2024010873.023.30$356
Dec 20231719871.262.61$12,441
Nov 2023012777.892.81$357
Oct 202317811485.443.09$15,560
Sep 2023011289.042.74$306
Aug 202318411880.522.67$15,131
Jul 2023011574.852.64$304
Jun 202317512468.962.26$12,348
May 202316711270.622.23$12,043
Apr 2023011778.122.24$262
Mar 202318311072.852.39$13,595
Feb 202309775.112.47$239
Jan 202317710176.533.39$13,888
Dec 2022010576.415.73$602
Nov 202217012885.005.65$15,173
Oct 202217210487.185.86$15,605
Sep 2022011884.888.16$963
Aug 202217112494.529.13$17,295
Jul 2022168116101.587.54$17,940
Jun 2022086115.097.98$686
May 2022174127109.378.43$20,101
Apr 2022179148104.226.84$19,667
Mar 2022776108.885.08$1,148
Feb 202207191.054.86$345
Jan 202218012781.844.54$15,307
Dec 2021013871.323.90$538
Nov 202116114277.435.24$13,210
Oct 2021011979.795.71$680
Sep 202116213069.865.35$12,013
Aug 202116713566.024.22$11,595
Jul 202117513870.783.98$12,936
Jun 2021013769.493.38$463
May 202117913463.483.02$11,767
Apr 202116610160.362.76$10,298
Mar 202118813761.302.72$11,897
Feb 202107357.805.55$405
Jan 20211799750.412.81$9,296
Dec 2020010444.642.68$278
Nov 202018011938.772.71$7,301
Oct 202017112936.972.48$6,642
Sep 2020011437.091.99$227
Aug 202017914039.982.39$7,490
Jul 202017813138.371.83$7,069
Jun 2020011734.901.69$198
May 2020011916.921.81$216
Apr 202017912214.751.80$2,860
Mar 202017813230.341.86$5,646
Feb 202016911249.881.98$8,652
Jan 2020013357.252.09$279
Dec 201917113659.012.30$10,404
Nov 2019013855.302.75$380
Oct 201917614353.472.42$9,757
Sep 201918013755.052.66$10,273
Aug 2019014053.112.30$323
Jul 2019014756.272.46$362
Jun 201918714952.782.49$10,241
May 201917813458.482.74$10,777
Apr 2019014262.632.75$391
Mar 201918114356.803.06$10,719
Feb 2019010550.852.79$293
Jan 201917012846.033.23$8,238
Dec 201818214546.594.19$9,086
Nov 2018013252.934.24$559
Oct 201817014061.443.40$10,921
Sep 2018015259.543.11$472
Aug 201818715759.403.07$11,589
Jul 2018013065.142.93$381
Jun 201817414560.183.08$10,917
May 201818313865.382.90$12,365
Apr 2018014963.842.90$432
Mar 201817916661.222.79$11,421
Feb 20181817061.782.77$11,376
Jan 2018013962.874.01$557
Dec 201717414157.272.92$10,377
Nov 2017017255.423.12$536
Oct 201719019349.292.98$9,941
Sep 201708747.523.09$269
Aug 201717915545.373.00$8,587
Jul 201718417143.873.09$8,600
Jun 2017016942.493.09$522
May 201718714545.373.26$8,957
Apr 20171844347.933.21$8,957
Mar 201703746.772.98$110
Feb 20171806350.452.95$9,267
Jan 201705749.413.42$195
Dec 201618510448.763.72$9,408
Nov 20161889442.492.64$8,237
Oct 201602246.193.09$68
Sep 20161814841.553.10$7,669
Aug 20161805341.442.92$7,614
Jul 20161885141.622.92$7,974
Jun 201604245.352.69$113
May 20161807042.521.99$7,793
Apr 201618510236.561.99$6,967
Mar 2016013533.011.79$242
Feb 20161928726.472.06$5,262
Jan 201619113427.352.36$5,541
Dec 20151967632.362.00$6,495
Nov 2015012838.792.17$277
Oct 20151759543.552.43$7,852
Sep 20151779342.992.76$7,866
Aug 2015013340.162.87$382
Jul 20151849048.152.95$9,125
Jun 201518110756.152.88$10,472
May 201518415255.212.96$10,608
Apr 2015015949.822.71$430
Mar 201518315842.892.93$8,313
Feb 201518811044.662.98$8,723
Jan 2015015043.433.10$465
Dec 201437515454.693.59$21,062
Nov 2014013770.464.25$583
Oct 201418612278.303.90$15,040
Sep 2014014486.164.05$583
Aug 201418616189.394.04$17,276
Jul 201418519796.564.18$18,687
Jun 201419016098.164.74$19,408
May 2014018494.734.73$870
Apr 201418915795.944.81$18,888
Mar 201419115395.895.06$19,089
Feb 201419112697.406.19$19,384
Jan 201419212390.404.86$17,955
Dec 2013016291.824.35$705
Nov 201317816788.853.74$16,440
Oct 201317918397.423.78$18,130
Sep 20130203104.113.72$755
Aug 2013166173104.253.52$17,915
Jul 2013156169102.523.72$16,621
Jun 201316419094.403.93$16,229
May 201318523194.834.15$18,502
Apr 2013011293.964.28$480
Mar 201334719593.623.91$33,249
Feb 2013018491.233.42$629
Jan 201318212891.603.42$17,109
Dec 201216914686.773.42$15,163
Nov 201218416886.953.62$16,608
Oct 201216918889.383.40$15,744
Sep 201217219494.672.92$16,849
Aug 2012017592.662.91$509
Jul 201215117885.133.02$13,392
Jun 201215918679.822.52$13,160
May 201217917391.612.49$16,829
Apr 2012178168101.652.00$18,429
Mar 2012188152105.052.22$20,087
Feb 2012162157101.102.57$16,782
Jan 201217818398.092.73$17,960
Dec 201118217196.873.24$18,184
Nov 201118620695.723.31$18,486
Oct 2011023584.983.65$857
Sep 201117519183.623.99$15,395
Aug 201118519383.404.15$16,230
Jul 201117819994.144.52$17,656
Jun 201118020592.904.64$17,673
May 201118114398.134.40$18,391
Apr 2011182174105.964.33$20,039
Mar 201118621596.364.06$18,795
Feb 201119020185.644.18$17,112
Jan 201104186.504.59$188
Dec 201018224385.734.35$16,659
Nov 201018518180.843.80$15,642
Oct 201018522178.103.51$15,224
Sep 201018424772.633.98$14,347
Aug 201018425573.684.42$14,684
Jul 201018427372.554.74$14,642
Jun 201018429070.364.91$14,370
May 201019329571.124.24$14,976
Apr 201018725181.694.12$16,311
Mar 201036543578.394.39$30,521
Feb 201037121473.585.44$28,463
Jan 2010025174.365.96$1,497
Dec 200918528871.445.48$14,796
Nov 200918527974.593.75$14,846
Oct 200918521472.544.11$14,299
Sep 200918325465.543.06$12,772
Aug 200918226367.423.22$13,117
Jul 200936829561.133.46$23,518
Jun 200918628066.163.90$13,396
May 200919228554.743.93$11,629
Apr 2009025246.773.59$904
Mar 200938429342.144.06$17,371
Feb 200919329032.814.63$7,676
Jan 200919331235.865.37$8,597
Dec 200819530337.105.98$9,046
Nov 200818933955.496.86$12,813
Oct 200819131875.246.92$16,572
Sep 2008190301101.767.88$21,705
Aug 2008194376114.228.48$25,348
Jul 2008387409131.0811.39$55,386
Jun 2008193412131.3313.03$30,716
May 20080370123.1711.57$4,282
Apr 2008386448110.3110.45$47,263
Mar 2008190468101.909.66$23,884
Feb 200837746892.538.77$38,988
Jan 200819330790.388.21$19,963
Dec 200719633688.337.30$19,766
Nov 200719538691.677.29$20,690
Oct 200736947382.856.92$33,846
Sep 200719336675.846.24$16,922
Aug 200737251369.066.39$28,967
Jul 200719331170.906.39$15,670
Jun 200719643462.007.55$15,428
May 200718521658.747.85$12,562
Apr 20073771,00359.617.81$30,302
Mar 200719327756.927.30$13,008
Feb 200737925655.108.22$22,986
Jan 200719032650.306.73$11,750
Dec 200636343256.656.92$23,553
Nov 200617930054.207.62$11,987
Oct 200618231654.906.01$11,892
Sep 200636621860.085.04$23,087
Aug 200618020968.717.34$13,902
Jul 200618022569.376.34$13,914
Jun 200635638266.286.38$26,034
May 200618348666.016.42$15,202
Apr 200618122664.397.36$13,318
Mar 200617532256.707.08$12,203
Feb 200636135757.597.75$23,557
Jan 200618355960.598.93$16,082
Dec 200536632354.9413.42$24,441
Nov 200518357954.6910.59$16,139
Oct 200554680258.3413.80$42,918
Sep 200517734361.4512.08$15,020
Aug 200535179361.519.80$29,359
Jul 200535736755.697.84$22,760
Jun 200506952.337.38$509
May 200531840345.226.65$17,060
Apr 200536430549.207.36$20,154
Mar 2005033950.377.15$2,426
Feb 200534137345.226.31$17,774
Jan 200517545443.166.32$10,423
Dec 200436442739.866.75$17,392
Nov 200432534945.286.33$16,925
Oct 200432050649.706.52$19,201
Sep 200424628043.245.28$12,117
Aug 200435233142.375.55$16,752
Jul 200415747038.286.08$8,870
Jun 200429831536.106.43$12,784
May 200434144237.486.49$15,651
Apr 200433137134.475.86$13,583
Mar 200436143534.365.53$14,810
Feb 200433042332.455.51$13,039
Jan 200417656832.036.30$9,215
Dec 200353451030.266.30$19,373
Nov 200336363028.804.60$13,349
Oct 200333360628.174.76$12,265
Sep 200353576526.314.75$17,709
Aug 200335720029.765.13$11,650
Jul 200353760929.415.17$18,942
Jun 200335441328.565.98$12,581
May 200371821326.595.97$20,364
Apr 200335814426.675.41$10,327
Mar 200317032931.146.10$7,299
Feb 200317742833.487.93$9,318
Jan 200352448630.315.58$18,595
Dec 200235753726.914.85$12,213
Nov 200236553524.664.14$11,214
Oct 200217762226.464.23$7,314
Sep 2002497027.443.64$13,638
Aug 200253354025.963.16$15,545
Jul 200234950624.583.06$10,128
Jun 200235458323.733.34$10,347
May 200235560224.663.58$10,912
Apr 200234750523.653.51$9,980
Mar 200250363422.003.10$13,033
Feb 200234164818.222.38$7,752
Jan 200248875917.172.38$10,182
Dec 200153881616.932.36$11,038
Nov 200135178318.072.41$8,226
Oct 200152880219.782.53$12,472
Sep 200153193124.262.25$14,978
Aug 20017211,12224.873.05$21,357
Jul 20017121,05423.933.20$20,408
Jun 20015331,16424.563.82$17,542
May 20015381,32925.524.31$19,454
Apr 20017201,46324.685.34$25,575
Mar 20011,2671,54524.545.38$39,399
Feb 20017251,54927.755.77$29,052
Jan 20017181,81527.478.40$34,967
Dec 20001,2582,13026.889.12$53,246
Nov 20001,0832,40932.215.66$48,514
Oct 20001,4162,82031.235.15$58,732
Sep 20001,0652,08031.875.19$44,729
Aug 20001,2541,00729.644.54$41,741
Jul 20001,61737328.534.09$47,658
Jun 20001,26595329.304.40$41,255
May 20001,3381,54927.263.68$42,174
Apr 20001,6131,56424.513.12$44,408
Mar 20002,1461,99328.422.86$66,689
Feb 20002,3472,61227.622.73$71,946
Jan 20003,6293,99925.272.48$101,624
Dec 19995,2345,88624.282.42$141,348
Nov 19992,9042,19823.192.43$72,694
Oct 1999127020.982.80$2,664
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 19986709.201.77$616
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 1997185019.253.15$3,561
Sep 1997184017.742.95$3,264
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 1997191020.492.21$3,914
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996189021.97$4,152
Oct 1996175023.31$4,079
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 1996175018.73$3,278
May 19960019.43$0
Apr 19960021.51$0
Mar 1996200019.38$3,876
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995199017.19$3,421
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 1995196015.92$3,120
Jul 1995167015.24$2,545
Jun 19950016.41$0
May 199544017.56$773
Apr 19950017.73$0
Mar 19950016.44$0
Feb 1995197016.58$3,266
Jan 1995183015.92$2,913
Dec 1994192015.03$2,886
Nov 19940015.90$0
Oct 1994160015.58$2,493
Sep 1994182115.29$2,783
Aug 19940016.13$0
Jul 19940117.56$0
Jun 1994130117.09$2,222
May 19940115.88$0
Apr 19940014.14$0
Mar 1994185112.46$2,305
Feb 19942112.50$25
Jan 19940012.66$0
Dec 1993358112.33$4,414
Nov 1993553114.49$8,013
Oct 1993182115.85$2,885
Sep 1993181115.03$2,720
Aug 1993539115.66$8,441
Jul 1993890115.46$13,759
Jun 1993888116.79$14,910
May 1993181117.68$3,200
Apr 1993364118.05$6,570
Mar 1993180118.14$3,265
Feb 19930117.90$0
Jan 19930116.93$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                  175 bbl  × $106.41 =    $18,622
Casinghead gas       121 Mcf  × $  3.05 =       $369

────────────────────────────────────────────────────
Month total                                  $18,990

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/14287 is the state's own key, not one this site invented.