GUELKER 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 14971District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$8.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$69 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
OilDisposition175,574 bbl$5,461,187
Casinghead gasProduction1,138,314 Mcf$3,023,834
Total$8,485,021

377,111 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 (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 30.2437, -96.7569. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

30.24368, -96.75687 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,566 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
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.
2100.0%

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 9,510 and 11,622 ft, median 10,566 ft, over the 2 wells that filed a depth.

Completions filed
May 1995
1 of 2 wells; 1 filed none

2 wells

42-2873100119,510 ft
42-28731190211,622 ftMay 1995

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026033489.753.15$1,052
Feb 2026026063.503.75$975
Jan 2026026159.138.00$2,087
Dec 2025036556.664.41$1,611
Nov 2025129058.593.93$1,197
Oct 20251741,21959.383.30$14,361
Sep 20251831,72662.743.08$16,792
Aug 20251751,17563.933.01$14,730
Jul 2025169866.743.32$2,381
Jun 202517384466.483.13$14,142
May 20251691,44560.553.23$14,904
Apr 2025093662.363.54$3,316
Mar 202518350767.704.27$14,553
Feb 2025135370.884.34$1,603
Jan 20253531,43174.324.28$32,358
Dec 20241721,83868.993.12$17,603
Nov 20243531,32369.052.20$27,283
Oct 20243501,43971.372.28$28,262
Sep 20243431,11569.612.36$26,512
Aug 2024163575.632.06$1,386
Jul 20243441,01479.932.15$29,673
Jun 20243551,23678.082.63$30,974
May 20245371,25678.812.20$45,082
Apr 20243551,22484.451.66$32,011
Mar 20243551,32080.301.55$30,546
Feb 20241681,23376.091.78$14,982
Jan 20243651,38773.023.30$31,226
Dec 20233581,44671.262.61$29,286
Nov 20231751,33077.892.81$17,365
Oct 20231741,33585.443.09$18,988
Sep 20231781,64689.042.74$20,351
Aug 20231801,54280.522.67$18,615
Jul 20233561,49574.852.64$30,596
Jun 20231731,22568.962.26$14,697
May 202335050370.622.23$25,837
Apr 202335856378.122.24$29,227
Mar 202301,22572.852.39$2,932
Feb 2023025875.112.47$636
Jan 2023080976.533.39$2,741
Dec 20220076.415.73$0
Nov 202208485.005.65$474
Oct 2022036087.185.86$2,111
Sep 2022028184.888.16$2,294
Aug 2022028394.529.13$2,583
Jul 202200101.587.54$0
Jun 2022162570115.097.98$23,192
May 20221711,105109.378.43$28,021
Apr 2022182972104.226.84$25,614
Mar 202202108.885.08$10
Feb 202218885991.054.86$21,291
Jan 202211,04581.844.54$4,824
Dec 202118568671.323.90$15,869
Nov 202111,21877.435.24$6,456
Oct 20211801,14279.795.71$20,887
Sep 2021080469.865.35$4,302
Aug 20211831,20866.024.22$17,180
Jul 202118382870.783.98$16,250
Jun 2021042769.493.38$1,444
May 20211651,02663.483.02$13,570
Apr 2021095060.362.76$2,621
Mar 202118892661.302.72$14,040
Feb 20211811,06057.805.55$16,343
Jan 2021054650.412.81$1,534
Dec 202018788944.642.68$10,726
Nov 20201781,07138.772.71$9,800
Oct 2020090636.972.48$2,245
Sep 20201781,09637.091.99$8,784
Aug 20201911,25739.982.39$10,634
Jul 202001,20238.371.83$2,194
Jun 20201911,07834.901.69$8,488
May 20201861,27616.921.81$5,463
Apr 20201781,05414.751.80$4,527
Mar 20201801,02430.341.86$7,362
Feb 2020092549.881.98$1,832
Jan 20203691,06557.252.09$23,356
Dec 201901,02159.012.30$2,353
Nov 201918098855.302.75$12,672
Oct 20191871,13653.472.42$12,746
Sep 20191781,22755.052.66$13,059
Aug 20191442,15553.112.30$12,614
Jul 20191771,58556.272.46$13,859
Jun 201918480152.782.49$11,707
May 201917995358.482.74$13,079
Apr 2019099362.632.75$2,731
Mar 201918598556.803.06$13,524
Feb 201918193550.852.79$11,815
Jan 201918780746.033.23$11,213
Dec 20181801,04246.594.19$12,747
Nov 2018080352.934.24$3,403
Oct 20181851,12361.443.40$15,182
Sep 2018076259.543.11$2,368
Aug 20181781,12759.403.07$14,029
Jul 20181781,10065.142.93$14,820
Jun 2018080760.183.08$2,483
May 20181821,07965.382.90$15,029
Apr 201801,12163.842.90$3,252
Mar 20181831,06861.222.79$14,180
Feb 201818072461.782.77$13,123
Jan 201818277662.874.01$14,554
Dec 20171781,01357.272.92$13,154
Nov 201701,13855.423.12$3,549
Oct 201718376149.292.98$11,291
Sep 201701,10947.523.09$3,424
Aug 20171861,06945.373.00$11,651
Jul 201701,37343.873.09$4,239
Jun 20171861,06242.493.09$11,182
May 20171931,31845.373.26$13,058
Apr 201701,21047.933.21$3,886
Mar 20171781,65546.772.98$13,263
Feb 20171922,54250.452.95$17,192
Jan 201702,48249.413.42$8,485
Dec 20161881,30048.763.72$14,007
Nov 20161851,46442.492.64$11,732
Oct 20161931,54046.193.09$13,674
Sep 201601,35541.553.10$4,201
Aug 20161741,62641.442.92$11,966
Jul 20161871,01741.622.92$10,757
Jun 201618151945.352.69$9,602
May 2016083342.521.99$1,659
Apr 20161871,09936.561.99$9,025
Mar 201618852833.011.79$7,153
Feb 2016093726.472.06$1,934
Jan 201618695827.352.36$7,352
Dec 201519149532.362.00$7,171
Nov 201518081738.792.17$8,753
Oct 201518885243.552.43$10,255
Sep 201517285242.992.76$9,744
Aug 2015055840.162.87$1,603
Jul 20151751,74448.152.95$13,562
Jun 201518973856.152.88$12,740
May 201518881355.212.96$12,782
Apr 201518972649.822.71$11,381
Mar 201519264942.892.93$10,140
Feb 2015047244.662.98$1,405
Jan 201519163343.433.10$10,258
Dec 201419353954.693.59$12,491
Nov 201419158870.464.25$15,958
Oct 20141891,32178.303.90$19,952
Sep 2014069786.164.05$2,820
Aug 201417866789.394.04$18,603
Jul 201418275496.564.18$20,725
Jun 201419072398.164.74$22,075
May 201419278994.734.73$21,917
Apr 20141881,73895.944.81$26,395
Mar 20141911,69495.895.06$26,881
Feb 201401,06997.406.19$6,619
Jan 201418582690.404.86$20,739
Dec 20131951,08491.824.35$22,625
Nov 20131871,07188.853.74$20,619
Oct 201301,06897.423.78$4,036
Sep 20131931,126104.113.72$24,279
Aug 20131931,175104.253.52$24,259
Jul 20131921,252102.523.72$24,338
Jun 201301,14594.403.93$4,504
May 20131931,22394.834.15$23,377
Apr 20131841,16893.964.28$22,291
Mar 20131961,15093.623.91$22,849
Feb 20131941,12191.233.42$21,532
Jan 201301,16691.603.42$3,988
Dec 20121831,23886.773.42$20,113
Nov 20121951,14786.953.62$21,113
Oct 20121771,28389.383.40$20,182
Sep 201201,21694.672.92$3,549
Aug 20121831,28792.662.91$20,700
Jul 20121871,26585.133.02$19,741
Jun 20121881,23579.822.52$18,117
May 20121811,27891.612.49$19,761
Apr 20121721,173101.652.00$19,826
Mar 201201,245105.052.22$2,766
Feb 20121461,147101.102.57$17,709
Jan 20121761,20598.092.73$20,558
Dec 20111831,20496.873.24$21,628
Nov 20111941,25395.723.31$22,719
Oct 20111921,54884.983.65$21,964
Sep 201101,65383.623.99$6,589
Aug 20111771,25183.404.15$19,953
Jul 20111861,37794.144.52$23,730
Jun 20111901,35592.904.64$23,938
May 20111891,36198.134.40$24,542
Apr 201101,318105.964.33$5,711
Mar 20111931,31696.364.06$23,937
Feb 20111951,09785.644.18$21,285
Jan 20111961,40586.504.59$23,401
Dec 20101941,47685.734.35$23,049
Nov 20101871,26880.843.80$19,930
Oct 20101941,18978.103.51$19,323
Sep 201001,08372.633.98$4,310
Aug 20101921,20273.684.42$19,459
Jul 20101921,59972.554.74$21,503
Jun 20101911,47270.364.91$20,667
May 20101921,56771.124.24$20,292
Apr 20101861,55581.694.12$21,605
Mar 20101941,51278.394.39$21,843
Feb 20101981,44673.585.44$22,438
Jan 20101931,63874.365.96$24,121
Dec 20091921,43671.445.48$21,591
Nov 20091891,41774.593.75$19,413
Oct 20091901,61772.544.11$20,429
Sep 20091921,68165.543.06$17,736
Aug 20091821,67867.423.22$17,671
Jul 200901,64561.133.46$5,699
Jun 20093671,71266.163.90$30,949
May 200901,77354.743.93$6,960
Apr 20091951,60446.773.59$14,875
Mar 20093841,97942.144.06$24,215
Feb 20091951,74032.814.63$14,459
Jan 20091941,96535.865.37$17,511
Dec 20083911,71637.105.98$24,763
Nov 20081961,50555.496.86$21,201
Oct 20081961,90175.246.92$27,906
Sep 20081911,304101.767.88$29,708
Aug 20081931,706114.228.48$36,516
Jul 20081931,218131.0811.39$39,171
Jun 2008192708131.3313.03$34,442
May 2008194715123.1711.57$32,171
Apr 200801,750110.3110.45$18,296
Mar 20081961,942101.909.66$38,740
Feb 20081951,72492.538.77$33,164
Jan 20081971,69890.388.21$31,738
Dec 20073931,80688.337.30$47,901
Nov 20071941,87391.677.29$31,441
Oct 20071931,87182.856.92$28,941
Sep 20071931,68675.846.24$25,165
Aug 20071921,87769.066.39$25,250
Jul 20071951,85770.906.39$25,688
Jun 20071941,74362.007.55$25,185
May 20071941,83058.747.85$25,754
Apr 20073901,94659.617.81$38,437
Mar 20071941,94156.927.30$25,216
Feb 20071991,83155.108.22$26,008
Jan 20071972,25350.306.73$25,065
Dec 20063952,38356.656.92$38,863
Nov 20061972,69754.207.62$31,222
Oct 20061952,19054.906.01$23,876
Sep 20061961,87160.085.04$21,200
Aug 20061901,87868.717.34$26,839
Jul 20061981,64969.376.34$24,194
Jun 200601,71966.286.38$10,974
May 20061951,41466.016.42$21,957
Apr 200639096364.397.36$32,200
Mar 200620294256.707.08$18,126
Feb 20063941,13157.597.75$31,457
Jan 20064021,66460.598.93$39,222
Dec 20053781,88454.9413.42$46,042
Nov 20051982,09454.6910.59$33,001
Oct 20053951,79658.3413.80$47,821
Sep 20051932,24261.4512.08$38,941
Aug 20051972,01061.519.80$31,809
Jul 20053902,13655.697.84$38,473
Jun 20051951,94052.337.38$24,524
May 20051952,06145.226.65$22,526
Apr 20053892,08649.207.36$34,493
Mar 20051972,16250.377.15$25,392
Feb 20053922,01845.226.31$30,464
Jan 20053972,19143.166.32$30,986
Dec 20043982,32139.866.75$31,534
Nov 20041872,16945.286.33$22,198
Oct 20043842,10249.706.52$32,780
Sep 20041922,12943.245.28$19,552
Aug 20045762,69642.375.55$39,370
Jul 20041962,21538.286.08$20,979
Jun 20045322,12536.106.43$32,875
May 20045342,58237.486.49$36,783
Apr 20045432,62334.475.86$34,084
Mar 20047422,35634.365.53$38,524
Feb 20043732,22232.455.51$24,346
Jan 20045582,60332.036.30$34,271
Dec 20033743,52830.266.30$33,549
Nov 20031772,33528.804.60$15,827
Oct 20033672,98828.174.76$24,560
Sep 20031782,84626.314.75$18,200
Aug 20033552,66229.765.13$24,220
Jul 20031852,73829.415.17$19,599
Jun 20035403,29728.565.98$35,148
May 20031834,43626.595.97$31,361
Apr 20033704,60926.675.41$34,790
Mar 20035465,22831.146.10$48,873
Feb 20031792,95633.487.93$29,422
Jan 20033603,24230.315.58$29,009
Dec 20023634,30626.914.85$30,669
Nov 20025441,95724.664.14$21,511
Oct 20023714,81526.464.23$30,180
Sep 20023664,66527.443.64$27,001
Aug 20024805,27125.963.16$29,139
Jul 20025406,18924.583.06$32,222
Jun 20021814,09723.733.34$17,972
May 20025414,08724.663.58$27,989
Apr 2002552023.653.51$13,055
Mar 20021855,80922.003.10$22,094
Feb 20025464,99918.222.38$21,824
Jan 20025495,49317.172.38$22,476
Dec 20015495,92816.932.36$23,311
Nov 20015496,05018.072.41$24,474
Oct 20015496,51819.782.53$27,342
Sep 20013597,94424.262.25$26,594
Aug 20015444,08224.873.05$25,992
Jul 20013605,72423.933.20$26,915
Jun 20013577,08424.563.82$35,858
May 20017216,72525.524.31$47,367
Apr 20017216,06624.685.34$50,158
Mar 20019135,25424.545.38$50,653
Feb 20017351,41027.755.77$28,528
Jan 20015623,51527.478.40$44,960
Dec 20003673,03326.889.12$37,534
Nov 20005554,06132.215.66$40,854
Oct 20005455,11131.235.15$43,319
Sep 20007296,06631.875.19$54,695
Aug 20001,0835,91229.644.54$58,945
Jul 20001,0837,25328.534.09$60,561
Jun 20007229,70829.304.40$63,843
May 2000184727.263.68$3,144
Apr 20001851,66824.513.12$9,732
Mar 20001831,67528.422.86$9,991
Feb 20001891,36327.622.73$8,936
Jan 20001831,66625.272.48$8,757
Dec 19993601,60824.282.42$12,638
Nov 19991831,59923.192.43$8,136
Oct 19991831,72520.982.80$8,676
Sep 19991822,20621.752.62$9,736
Aug 19993641,64619.262.88$11,744
Jul 1999097117.892.37$2,304
Jun 19991911,15115.942.36$5,763
May 19995475,22215.792.32$20,758
Apr 19993635,35315.102.21$17,301
Mar 19995515,07812.471.84$16,206
Feb 19995364,7349.981.82$13,955
Jan 19997305,70510.381.90$18,417
Dec 19985435,4799.201.77$14,712
Nov 19985355,86710.892.19$18,650
Oct 19987446,09612.421.97$21,245
Sep 19987256,12212.592.08$21,878
Aug 19985447,55911.301.91$20,565
Jul 19985438,04211.742.24$24,367
Jun 19989199,27011.242.24$31,069
May 199892511,18412.622.21$36,349
Apr 19983572,59613.042.51$11,159
Mar 19983713,80712.802.31$13,541
Feb 19983804,80413.952.30$16,346
Jan 19981,1148,89114.702.15$35,534
Dec 199793910,16216.322.41$39,826
Nov 19971,10811,22318.193.09$54,814
Oct 19971,45517,68619.253.15$83,716
Sep 19971,2728,37717.742.95$47,318
Aug 19979925,62617.862.55$32,090
Jul 19979127,89117.582.25$33,764
Jun 19971,2555,72917.242.26$34,568
May 19971,0965,59618.972.31$33,709
Apr 19979015,88617.882.08$28,369
Mar 19971,1115,72518.951.94$32,155
Feb 19971,0915,51420.492.21$34,518
Jan 19971,2917,08623.483.54$55,395
Dec 19961,4716,78923.32$34,304
Nov 19961,4778,73521.97$32,450
Oct 19961,4686,31823.31$34,219
Sep 19961,4705,99622.22$32,663
Aug 19962,2328,19920.26$45,220
Jul 19962,0147,38719.55$39,374
Jun 19962,0198,97918.73$37,816
May 19961,4995,87719.43$29,126
Apr 19965601,59421.51$12,046
Mar 19962,24912,24919.38$43,586
Feb 19962,75913,11816.98$46,848
Jan 19962,43914,17417.07$41,634
Dec 19952,8537,53617.19$49,043
Nov 19953,14718,66316.00$50,352
Oct 19953,53022,22215.43$54,468
Sep 19953,23724,25216.18$52,375
Aug 19955,20968,22615.92$82,927
Jul 19958,03753,99715.24$122,484
Jun 199520,58869,52616.41$337,849
May 19957,31482017.56$128,434
Apr 199536632917.73$6,489
Mar 1995035816.44$0
Feb 199535737416.58$5,919
Jan 1995128615.92$16
Dec 1994013515.03$0
Nov 1994019415.90$0
Oct 199434526115.58$5,375
Sep 1994029315.29$0
Aug 199434838116.13$5,613
Jul 1994051917.56$0
Jun 199431734117.09$5,418
May 1994033615.88$0
Apr 199437833114.14$5,345
Mar 1994036412.46$0
Feb 199436949712.50$4,613
Jan 1994055412.66$0
Dec 1993338112.33$4,168
Nov 199370014.49$1,014
Oct 19930115.85$0
Sep 199332269915.03$4,840
Aug 199334171715.66$5,340
Jul 1993069215.46$0
Jun 199331367116.79$5,255
May 199333177417.68$5,852
Apr 199331984018.05$5,758
Mar 1993085518.14$0
Feb 199336475817.90$6,516
Jan 199333489316.93$5,655

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.

Mar 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 89.75 =         $0
Casinghead gas       334 Mcf  × $  3.15 =     $1,052

────────────────────────────────────────────────────
Month total                                   $1,052

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/14971 is the state's own key, not one this site invented.