GREGORY, MARGARET 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 15261District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$9.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$178 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
OilDisposition181,972 bbl$8,234,039
Casinghead gasProduction413,831 Mcf$1,453,971
Total$9,688,010

121,467 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 30.3236, -96.7837. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.32359, -96.78374 · 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
9,928 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 9,928 ft.

Completions filed
Mar 1998
1 of 1 wells

1 well

42-2873105419,928 ftMar 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 2026021106.413.05$64
Apr 202619619898.932.87$19,958
Mar 202655747089.753.15$51,471
Feb 20261926263.503.75$12,425
Jan 202618810559.138.00$11,956
Dec 20251937156.664.41$11,249
Nov 202541858.593.93$305
Oct 20250059.383.30$0
Sep 2025030162.743.08$926
Aug 20258681863.933.01$55,546
Jul 202518214366.743.32$12,621
Jun 20251510466.483.13$1,323
May 202511060.553.23$93
Apr 20252462.363.54$139
Mar 20253809267.704.27$26,119
Feb 202501370.884.34$56
Jan 2025301074.324.28$22,370
Dec 20241864268.993.12$12,963
Nov 202419113669.052.20$13,488
Oct 202457716071.372.28$41,546
Sep 20243799169.612.36$26,597
Aug 202452022475.632.06$39,790
Jul 20243806979.932.15$30,522
Jun 202455423478.082.63$43,873
May 20243709578.812.20$29,369
Apr 20241785684.451.66$15,125
Mar 202437022080.301.55$30,051
Feb 20243852376.091.78$29,336
Jan 202401573.023.30$49
Dec 202302171.262.61$55
Nov 20232041877.892.81$15,940
Oct 2023180985.443.09$15,407
Sep 20234089.042.74$356
Aug 2023171080.522.67$13,769
Jul 20230074.852.64$0
Jun 202301968.962.26$43
May 202303170.622.23$69
Apr 202336628078.122.24$29,218
Mar 2023936772.852.39$1,534
Feb 20233709275.112.47$28,018
Jan 20231881576.533.39$14,438
Dec 202203276.415.73$183
Nov 202203485.005.65$192
Oct 2022021087.185.86$1,231
Sep 202238631384.888.16$35,319
Aug 202236913294.529.13$36,083
Jul 2022050101.587.54$377
Jun 2022395115.097.98$1,103
May 2022183134109.378.43$21,145
Apr 2022358134104.226.84$38,227
Mar 202218490108.885.08$20,491
Feb 20221977791.054.86$18,311
Jan 20223879381.844.54$32,094
Dec 202132171.323.90$296
Nov 202107677.435.24$398
Oct 202137311279.795.71$30,402
Sep 202106769.865.35$359
Aug 20213601066.024.22$23,809
Jul 202101070.783.98$40
Jun 202102669.493.38$88
May 202118114263.483.02$11,918
Apr 20213729760.362.76$22,721
Mar 20213769361.302.72$23,301
Feb 202108257.805.55$455
Jan 202137618150.412.81$19,463
Dec 202037518344.642.68$17,230
Nov 2020011338.772.71$306
Oct 202018513236.972.48$7,167
Sep 202056412037.091.99$21,158
Aug 20203739939.982.39$15,149
Jul 20205413838.371.83$20,828
Jun 20203813334.901.69$13,353
May 202009416.921.81$171
Apr 202034113714.751.80$5,277
Mar 20205109930.341.86$15,657
Feb 20205085149.881.98$25,440
Jan 20205568457.252.09$32,007
Dec 20191643859.012.30$9,765
Nov 20191607955.302.75$9,065
Oct 20195325553.472.42$28,579
Sep 2019140055.052.66$7,707
Aug 201902453.112.30$55
Jul 201935410156.272.46$20,168
Jun 20193529852.782.49$18,823
May 20191763658.482.74$10,391
Apr 201901662.632.75$44
Mar 201911256.803.06$94
Feb 201918320350.852.79$9,872
Jan 201919633046.033.23$10,087
Dec 201819523246.594.19$10,056
Nov 201818221852.934.24$10,557
Oct 201819722861.443.40$12,878
Sep 201837021159.543.11$22,686
Aug 201818321559.403.07$11,530
Jul 201819217765.142.93$13,026
Jun 2018521260.183.08$953
May 201818621065.382.90$12,770
Apr 2018632063.842.90$1,311
Mar 20181864161.222.79$11,501
Feb 2018239461.782.77$1,213
Jan 2018325762.874.01$1,219
Dec 2017325657.272.92$920
Nov 201738087455.423.12$23,785
Oct 201737853849.292.98$20,237
Sep 2017323647.523.09$871
Aug 20171951,23445.373.00$12,555
Jul 20173761,28243.873.09$20,453
Jun 201737089242.493.09$18,475
May 20171941,23245.373.26$12,822
Apr 201738151847.933.21$19,925
Mar 201738346446.772.98$19,297
Feb 20171828850.452.95$9,442
Jan 20171875649.413.42$9,431
Dec 201605848.763.72$216
Nov 201606842.492.64$180
Oct 20160646.193.09$19
Sep 2016012741.553.10$394
Aug 201608241.442.92$240
Jul 201603141.622.92$91
Jun 201606045.352.69$161
May 201604242.521.99$84
Apr 201604036.561.99$80
Mar 201604233.011.79$75
Feb 201609626.472.06$198
Jan 20160027.352.36$0
Dec 2015018032.362.00$360
Nov 2015112138.792.17$301
Oct 201519237243.552.43$9,264
Sep 2015126642.992.76$777
Aug 201509040.162.87$259
Jul 201518958048.152.95$10,809
Jun 201519625256.152.88$11,732
May 2015131255.212.96$977
Apr 201519557749.822.71$11,277
Mar 201558079642.892.93$27,212
Feb 201538960644.662.98$19,176
Jan 201539273743.433.10$19,310
Dec 201439189554.693.59$24,598
Nov 201438684070.464.25$30,769
Oct 20147691,88778.303.90$67,574
Sep 201457939186.164.05$51,468
Aug 201457538089.394.04$52,933
Jul 201434761296.564.18$36,064
Jun 20147621,06198.164.74$79,824
May 20141991,22294.734.73$24,627
Apr 201419216095.944.81$19,190
Mar 2014017195.895.06$865
Feb 201438660097.406.19$41,312
Jan 201438744990.404.86$37,167
Dec 2013549891.824.35$2,628
Nov 201319345488.853.74$18,845
Oct 201338239297.423.78$38,696
Sep 20132220104.113.72$1,026
Aug 20130191104.253.52$673
Jul 2013384922102.523.72$42,795
Jun 20135731,74894.403.93$60,967
May 201357548494.834.15$56,535
Apr 201338142293.964.28$37,606
Mar 201338688193.623.91$39,585
Feb 20135811,71191.233.42$58,856
Jan 20133901,57491.603.42$41,107
Dec 201256792086.773.42$52,345
Nov 201208786.953.62$315
Oct 201219023189.383.40$17,768
Sep 20123831,27994.672.92$39,991
Aug 20125571,99992.662.91$57,425
Jul 20123751,84185.133.02$37,485
Jun 20125752,06679.822.52$51,101
May 20123862,11491.612.49$40,622
Apr 20123882,059101.652.00$43,552
Mar 20125712,170105.052.22$64,805
Feb 20123851,974101.102.57$43,997
Jan 20123882,17398.092.73$44,000
Dec 20115832,10596.873.24$63,295
Nov 20115772,04495.723.31$61,999
Oct 20115692,18284.983.65$56,315
Sep 20113802,04683.623.99$39,931
Aug 20113812,21583.404.15$40,966
Jul 20115682,28494.144.52$63,789
Jun 20113802,34892.904.64$46,196
May 20111922,38698.134.40$29,351
Apr 20113802,375105.964.33$50,556
Mar 20113902,58496.364.06$48,065
Feb 20113851,36385.644.18$38,669
Jan 20112002,70586.504.59$29,713
Dec 20101972,70685.734.35$28,654
Nov 20103782,15380.843.80$38,729
Oct 201019497478.103.51$18,569
Sep 20101802,01372.633.98$21,084
Aug 20103791,57973.684.42$34,903
Jul 20101901,93972.554.74$22,969
Jun 20105741,42370.364.91$47,374
May 2010320871.124.24$1,094
Apr 20101921,09081.694.12$20,178
Mar 20103841,46778.394.39$36,540
Feb 20103902,24773.585.44$40,925
Jan 20101942,90874.365.96$31,769
Dec 20093942,57271.445.48$42,252
Nov 200919470374.593.75$17,108
Oct 20091652,01572.544.11$20,251
Sep 20093802,28365.543.06$31,902
Aug 20093752,26067.423.22$32,556
Jul 200918799661.133.46$14,882
Jun 20093792,70166.163.90$35,595
May 20093762,39954.743.93$30,000
Apr 20093762,30446.773.59$25,851
Mar 20093902,48042.144.06$26,501
Feb 20093752,70232.814.63$24,822
Jan 20095651,28535.865.37$27,163
Dec 20083752,34037.105.98$27,899
Nov 20083812,00955.496.86$34,924
Oct 20083721,77475.246.92$40,269
Sep 2008371742101.767.88$43,598
Aug 20085562,372114.228.48$83,628
Jul 20083812,288131.0811.39$76,001
Jun 20085732,204131.3313.03$103,976
May 20085653,069123.1711.57$105,113
Apr 20085663,518110.3110.45$99,216
Mar 2008375660101.909.66$44,591
Feb 200858820792.538.77$56,223
Jan 200808490.388.21$689
Dec 20075601,89788.337.30$63,317
Nov 20077191,06791.677.29$73,691
Oct 20073731,74982.856.92$43,010
Sep 20077281,76675.846.24$66,239
Aug 20075541,48469.066.39$47,739
Jul 20075481,62870.906.39$49,253
Jun 20075432,04962.007.55$49,133
May 20077392,20058.747.85$60,671
Apr 20077371,80359.617.81$58,005
Mar 20079271,34556.927.30$62,586
Feb 20071,28852255.108.22$75,258
Jan 20071,10440250.306.73$58,235
Dec 20061,12141156.656.92$66,348
Nov 200692539654.207.62$53,152
Oct 200691240954.906.01$52,528
Sep 200691647360.085.04$57,416
Aug 20061,43950568.717.34$102,580
Jul 20061,99156369.376.34$141,687
Jun 20062,16857366.286.38$147,353
May 20061,98858466.016.42$134,980
Apr 20062,01249164.397.36$133,167
Mar 20061,99737256.707.08$115,865
Feb 20061,99533657.597.75$117,496
Jan 20062,19937360.598.93$136,570
Dec 20051,45633554.9413.42$84,487
Nov 200572378354.6910.59$47,832
Oct 20057211,97858.3413.80$69,351
Sep 20053602,86161.4512.08$56,680
Aug 20057144,56161.519.80$88,602
Jul 200505,40955.697.84$42,426
Jun 200506,33252.337.38$46,737
May 200515,11845.226.65$34,086
Apr 20057281,70549.207.36$48,367
Mar 20057291,27750.377.15$45,857
Feb 20059091,13145.226.31$48,244
Jan 20057331,52443.166.32$41,271
Dec 20043571,22839.866.75$22,520
Nov 200437737445.286.33$19,438
Oct 200436662749.706.52$22,275
Sep 200435948743.245.28$18,096
Aug 200418066942.375.55$11,340
Jul 20045561,13338.286.08$28,177
Jun 200489759136.106.43$36,184
May 200425528537.486.49$11,408
Apr 2004028834.475.86$1,687
Mar 200418226934.365.53$7,741
Feb 200436255032.455.51$14,777
Jan 200454262832.036.30$21,316
Dec 200336651830.266.30$14,339
Nov 200355046828.804.60$17,991
Oct 200336851228.174.76$12,804
Sep 200374047526.314.75$21,725
Aug 200337150129.765.13$13,611
Jul 200355644429.415.17$18,648
Jun 200354748228.565.98$18,506
May 200336764126.595.97$13,587
Apr 200336773026.675.41$13,735
Mar 200352976931.146.10$21,161
Feb 200370867433.487.93$29,046
Jan 200335360530.315.58$14,077
Dec 200253056826.914.85$17,019
Nov 200253348424.664.14$15,146
Oct 200270836126.464.23$20,260
Sep 200235138227.443.64$11,020
Aug 200252165325.963.16$15,591
Jul 20025261,23224.583.06$16,701
Jun 20025211,45123.733.34$17,207
May 20025331,58624.663.58$18,828
Apr 20028811,10423.653.51$24,713
Mar 200235117622.003.10$8,268
Feb 200235377518.222.38$8,273
Jan 200271551417.172.38$13,498
Dec 200153072316.932.36$10,682
Nov 200171984218.072.41$15,018
Oct 20015341,24919.782.53$13,721
Sep 20015311,11524.262.25$15,392
Aug 20016991,06224.873.05$20,627
Jul 20015281,34323.933.20$16,929
Jun 20017061,30124.563.82$22,315
May 20011,0411,23625.524.31$31,890
Apr 20013581,38124.685.34$16,204
Mar 20017271,35424.545.38$25,120
Feb 200174281027.755.77$25,262
Jan 200155799627.478.40$23,666
Dec 20001,09484826.889.12$37,143
Nov 200037078532.215.66$16,359
Oct 200090880631.235.15$32,504
Sep 20005471,25231.875.19$23,926
Aug 20001,0671,10029.644.54$36,621
Jul 200089176928.534.09$28,565
Jun 20008991,05629.304.40$30,984
May 20001,28485827.263.68$38,159
Apr 200073136324.513.12$19,048
Mar 20001,08196828.422.86$33,490
Feb 20001,6371,03827.622.73$48,044
Jan 200090186525.272.48$24,914
Dec 19991,14646724.282.42$28,957
Nov 19991,05664723.192.43$26,063
Oct 19991,25377820.982.80$28,469
Sep 19991,39294521.752.62$32,751
Aug 19991,43489719.262.88$30,198
Jul 19991,64262217.892.37$30,851
Jun 19992,40051415.942.36$39,470
May 19992,75374415.792.32$45,197
Apr 199971943915.102.21$11,826
Mar 199971956412.471.84$10,003
Feb 19991,6096819.981.82$17,296
Jan 19992,37782410.381.90$26,239
Dec 19982,5629749.201.77$25,298
Nov 19982,55774010.892.19$29,463
Oct 19982,54498912.421.97$33,544
Sep 19982,5441,05912.592.08$34,234
Aug 19982,6031,20911.301.91$31,720
Jul 19982,5781,08511.742.24$32,693
Jun 19982,1321,04411.242.24$26,299
May 19982,49299512.622.21$33,644
Apr 19981,23670013.042.51$17,871
Mar 199816712.802.31$168
Feb 19980013.952.30$0
Jan 1998819414.702.15$536
Dec 199781,30816.322.41$3,284
Nov 199761,33218.193.09$4,223
Oct 19971811,48719.253.15$8,168
Sep 1997895417.742.95$2,961
Aug 1997101,52117.862.55$4,064
Jul 1997131,31317.582.25$3,179
Jun 1997131,46117.242.26$3,522
May 1997111,58218.972.31$3,861
Apr 19971821,51717.882.08$6,414
Mar 1997121,52718.951.94$3,188
Feb 199781,27020.492.21$2,965
Jan 1997111,50023.483.54$5,568
Dec 19961921,81123.32$4,477
Nov 199671,19821.97$154
Oct 199691,97623.31$210
Sep 19961721,80522.22$3,822
Aug 1996121,66720.26$243
Jul 1996231,83419.55$450
Jun 1996221,98618.73$412
May 1996222,31519.43$427
Apr 19961822,24721.51$3,915
Mar 1996798019.38$136
Feb 1996131,93316.98$221
Jan 19962041,72317.07$3,482
Dec 1995192,26617.19$327
Nov 19951832,52716.00$2,928
Oct 19951762,77415.43$2,716
Sep 19951872,82616.18$3,026
Aug 1995143,17415.92$223
Jul 1995102,71415.24$152
Jun 19951952,75216.41$3,200
May 1995102,30917.56$176
Apr 1995163,21117.73$284
Mar 19953783,22316.44$6,214
Feb 19953713,11116.58$6,151
Jan 19955353,27615.92$8,517
Dec 19943463,51815.03$5,200
Nov 19945063,32315.90$8,045
Oct 19943833,50515.58$5,967
Sep 19945513,42115.29$8,425
Aug 19949213,51716.13$14,856
Jul 19949133,56617.56$16,032
Jun 19947293,70917.09$12,459
May 19941,0904,11115.88$17,309
Apr 19941,0884,14814.14$15,384
Mar 19943622,59212.46$4,511
Feb 19946562,91812.50$8,200
Jan 19945552,79312.66$7,026
Dec 19933672,81712.33$4,525
Nov 19933673,10314.49$5,318
Oct 19935333,36815.85$8,448
Sep 19931931,75115.03$2,901
Aug 199331,67715.66$47
Jul 1993961,58015.46$1,484
Jun 199332,05016.79$50
May 19931862,25917.68$3,288
Apr 199311,25418.05$18
Mar 19938378818.14$1,506
Feb 199311,62617.90$18
Jan 19931182,43516.93$1,998

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        21 Mcf  × $  3.05 =        $64

────────────────────────────────────────────────────
Month total                                      $64

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/15261 is the state's own key, not one this site invented.