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DIRK

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 15399District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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
OilDisposition71,255 bbl$1,990,546
Casinghead gasProduction613,420 Mcf$2,509,885
Total$4,500,431

114,563 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 (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 30.2869, -96.8063. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

30.28686, -96.80625 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
8,388 ft
2 wells filed one
Completion to plug
12.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 8,365 and 8,410 ft, median 8,388 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2005 – Aug 2007
2 of 2 wells
Plug dates filed
Jun 2020
1 of 2 wells; 1 filed none

Last completion to plug: a median of 12.8 years across the 1 well that filed both dates, with the middle half between 12.8 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2873113418,365 ftAug 2007Jun 2020Yes
42-2873147628,410 ftNov 2005——

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 20260168106.413.05$512
Apr 2026045498.932.87$1,303
Mar 2026029889.753.15$939
Feb 2026055563.503.75$2,081
Jan 2026039059.138.00$3,119
Dec 2025021056.664.41$927
Nov 2025029958.593.93$1,174
Oct 2025039359.383.30$1,299
Sep 2025034562.743.08$1,062
Aug 20252015963.933.01$1,758
Jul 2025032866.743.32$1,087
Jun 2025034466.483.13$1,076
May 2025031360.553.23$1,012
Apr 2025027462.363.54$971
Mar 2025039067.704.27$1,665
Feb 2025052570.884.34$2,279
Jan 202508674.324.28$368
Dec 2024019668.993.12$612
Nov 2024029269.052.20$642
Oct 2024037571.372.28$856
Sep 20241932669.612.36$2,093
Aug 2024040975.632.06$844
Jul 2024132979.932.15$786
Jun 2024038078.082.63$1,001
May 2024048478.812.20$1,064
Apr 2024012084.451.66$199
Mar 2024035280.301.55$544
Feb 2024034276.091.78$610
Jan 2024035973.023.30$1,184
Dec 2023034171.262.61$890
Nov 2023037477.892.81$1,050
Oct 2023036185.443.09$1,115
Sep 2023036289.042.74$990
Aug 2023036880.522.67$984
Jul 2023037874.852.64$999
Jun 2023039168.962.26$883
May 2023039470.622.23$878
Apr 2023040578.122.24$906
Mar 2023040672.852.39$972
Feb 2023039775.112.47$979
Jan 2023040676.533.39$1,375
Dec 2022039376.415.73$2,252
Nov 2022035585.005.65$2,004
Oct 2022036387.185.86$2,129
Sep 2022041784.888.16$3,404
Aug 2022040694.529.13$3,706
Jul 20220440101.587.54$3,319
Jun 20220395115.097.98$3,151
May 20220389109.378.43$3,280
Apr 20220397104.226.84$2,715
Mar 20220442108.885.08$2,244
Feb 2022038191.054.86$1,851
Jan 2022143381.844.54$2,047
Dec 2021046471.323.90$1,809
Nov 2021046677.435.24$2,440
Oct 2021037779.795.71$2,154
Sep 2021048369.865.35$2,584
Aug 2021042866.024.22$1,806
Jul 2021044470.783.98$1,768
Jun 2021042569.493.38$1,437
May 2021043563.483.02$1,313
Apr 2021043160.362.76$1,189
Mar 2021046661.302.72$1,266
Feb 2021031557.805.55$1,748
Jan 2021042950.412.81$1,206
Dec 2020046044.642.68$1,231
Nov 2020048338.772.71$1,307
Oct 2020049936.972.48$1,237
Sep 2020050237.091.99$1,000
Aug 2020049539.982.39$1,181
Jul 2020056238.371.83$1,026
Jun 2020046334.901.69$783
May 2020048216.921.81$875
Apr 20204647214.751.80$1,530
Mar 2020048630.341.86$902
Feb 2020045149.881.98$893
Jan 2020046157.252.09$966
Dec 2019053259.012.30$1,226
Nov 2019045955.302.75$1,263
Oct 2019054153.472.42$1,308
Sep 2019051355.052.66$1,363
Aug 2019051253.112.30$1,180
Jul 2019057556.272.46$1,415
Jun 2019056552.782.49$1,408
May 2019039458.482.74$1,080
Apr 2019052262.632.75$1,436
Mar 2019052956.803.06$1,620
Feb 2019052050.852.79$1,452
Jan 2019049846.033.23$1,608
Dec 2018051446.594.19$2,151
Nov 2018053552.934.24$2,267
Oct 2018052961.443.40$1,798
Sep 2018053059.543.11$1,647
Aug 2018056159.403.07$1,720
Jul 2018050465.142.93$1,478
Jun 2018057060.183.08$1,754
May 2018051265.382.90$1,485
Apr 2018049063.842.90$1,421
Mar 2018054261.222.79$1,510
Feb 2018058161.782.77$1,607
Jan 2018053262.874.01$2,133
Dec 2017059357.272.92$1,732
Nov 2017057455.423.12$1,790
Oct 2017062649.292.98$1,868
Sep 2017042147.523.09$1,300
Aug 2017046945.373.00$1,409
Jul 2017061843.873.09$1,908
Jun 2017059242.493.09$1,828
May 2017160445.373.26$2,016
Apr 2017061347.933.21$1,969
Mar 2017055346.772.98$1,650
Feb 2017052450.452.95$1,547
Jan 2017063649.413.42$2,174
Dec 2016057448.763.72$2,137
Nov 2016053542.492.64$1,415
Oct 2016055946.193.09$1,727
Sep 2016059941.553.10$1,857
Aug 2016066541.442.92$1,945
Jul 2016070641.622.92$2,065
Jun 2016061945.352.69$1,663
May 2016068342.521.99$1,360
Apr 2016066236.561.99$1,318
Mar 2016064133.011.79$1,150
Feb 2016065226.472.06$1,345
Jan 2016060327.352.36$1,426
Dec 2015063032.362.00$1,261
Nov 2015059838.792.17$1,296
Oct 2015172843.552.43$1,810
Sep 2015069242.992.76$1,909
Aug 2015073240.162.87$2,103
Jul 2015074248.152.95$2,185
Jun 20153081356.152.88$4,028
May 2015073655.212.96$2,175
Apr 2015071749.822.71$1,941
Mar 2015071942.892.93$2,110
Feb 2015072144.662.98$2,146
Jan 2015075143.433.10$2,329
Dec 2014167254.693.59$2,468
Nov 2014082470.464.25$3,504
Oct 2014069578.303.90$2,711
Sep 2014057086.164.05$2,306
Aug 2014157589.394.04$2,410
Jul 2014066296.564.18$2,767
Jun 2014143898.164.74$2,173
May 2014062794.734.73$2,964
Apr 20146858895.944.81$9,352
Mar 2014161295.895.06$3,191
Feb 2014059897.406.19$3,703
Jan 2014067490.404.86$3,276
Dec 2013073091.824.35$3,179
Nov 2013075388.853.74$2,815
Oct 2013090397.423.78$3,413
Sep 20130777104.113.72$2,889
Aug 20130766104.253.52$2,698
Jul 20130859102.523.72$3,194
Jun 2013088394.403.93$3,473
May 2013098894.834.15$4,099
Apr 2013055293.964.28$2,364
Mar 2013079093.623.91$3,091
Feb 2013071491.233.42$2,442
Jan 2013081191.603.42$2,774
Dec 2012085786.773.42$2,931
Nov 2012085286.953.62$3,088
Oct 2012092789.383.40$3,152
Sep 2012087294.672.92$2,545
Aug 201201,12892.662.91$3,280
Jul 20127841085.133.02$7,879
Jun 2012088779.822.52$2,234
May 201217699191.612.49$18,589
Apr 201201,065101.652.00$2,127
Mar 2012136926105.052.22$16,344
Feb 20120972101.102.57$2,498
Jan 20121331,02798.092.73$15,854
Dec 2011094396.873.24$3,055
Nov 201117297795.723.31$19,699
Oct 201101,03184.983.65$3,762
Sep 2011095583.623.99$3,806
Aug 20111401,05983.404.15$16,070
Jul 201101,15794.144.52$5,226
Jun 20111291,07392.904.64$16,963
May 20111681,18598.134.40$21,706
Apr 201101,240105.964.33$5,373
Mar 20111461,14796.364.06$18,722
Feb 20111841,12585.644.18$20,460
Jan 20111811,10086.504.59$20,704
Dec 20102381,13585.734.35$25,338
Nov 20103571,11280.843.80$33,080
Oct 20103641,28378.103.51$32,930
Sep 20102951,33772.633.98$26,746
Aug 20101701,33673.684.42$18,430
Jul 20103561,31972.554.74$32,075
Jun 2010381,25170.364.91$8,817
May 20102661,45571.124.24$25,080
Apr 20101781,07181.694.12$18,956
Mar 20101881,18878.394.39$19,951
Feb 20101891,15173.585.44$20,171
Jan 20101811,39874.365.96$21,797
Dec 200901,42871.445.48$7,831
Nov 200901,51374.593.75$5,676
Oct 200901,62772.544.11$6,687
Sep 200901,65365.543.06$5,066
Aug 200901,96067.423.22$6,308
Jul 200902,06861.133.46$7,165
Jun 200902,13066.163.90$8,296
May 200902,35954.743.93$9,261
Apr 2009792,31646.773.59$12,003
Mar 200902,15042.144.06$8,727
Feb 20091432,20932.814.63$14,926
Jan 200902,24035.865.37$12,031
Dec 200802,21437.105.98$13,233
Nov 200802,25355.496.86$15,456
Oct 200802,34775.246.92$16,246
Sep 200802,052101.767.88$16,164
Aug 200802,499114.228.48$21,199
Jul 200802,517131.0811.39$28,667
Jun 200802,454131.3313.03$31,982
May 2008742,668123.1711.57$39,995
Apr 200802,838110.3110.45$29,671
Mar 200802,988101.909.66$28,876
Feb 20081852,72092.538.77$40,974
Jan 200802,90290.388.21$23,813
Dec 200702,75388.337.30$20,102
Nov 20071812,91291.677.29$37,826
Oct 200702,71682.856.92$18,800
Sep 20072342,52075.846.24$33,482
Aug 20071772,10869.066.39$25,689
Jul 20071851,91870.906.39$25,369
Jun 20071741,72262.007.55$23,786
May 200701,88258.747.85$14,767
Apr 20071851,90059.617.81$25,858
Mar 20071732,26856.927.30$26,408
Feb 20071811,86655.108.22$25,304
Jan 200712,34450.306.73$15,818
Dec 20061782,43256.656.92$26,909
Nov 20061822,39054.207.62$28,070
Oct 200612,50954.906.01$15,144
Sep 20061842,67460.085.04$24,524
Aug 200612,98368.717.34$21,964
Jul 200603,14969.376.34$19,973
Jun 20061843,38566.286.38$33,805
May 200604,03266.016.42$25,906
Apr 20061824,29664.397.36$43,340
Mar 200605,63456.707.08$39,905
Feb 20061877,12257.597.75$65,973
Jan 20063919,60460.598.93$109,486
Dec 200518613,95454.9413.42$197,417
Nov 200518915,01154.6910.59$169,279
Oct 200517232658.3413.80$14,532
Sep 200517875161.4512.08$20,009
Aug 200535378561.519.80$29,404
Jul 200535083655.697.84$26,049
Jun 200553683352.337.38$34,197
May 20051,23779645.226.65$61,231
Apr 200588434549.207.36$46,032
Mar 20053532,55150.377.15$36,033
Feb 20058862,88445.226.31$58,269
Jan 200534967343.166.32$19,318
Dec 2004072039.866.75$4,861
Nov 200417773545.286.33$12,667
Oct 2004068749.706.52$4,476
Sep 200418185943.245.28$12,365
Aug 200417782142.375.55$12,057
Jul 2004088538.286.08$5,385
Jun 2004086336.106.43$5,552
May 200417276637.486.49$11,421
Apr 200418392134.475.86$11,704
Mar 2004092534.365.53$5,115
Feb 20043471,04432.455.51$17,012
Jan 20041791,11732.036.30$12,770
Dec 20033521,19230.266.30$18,163
Nov 2003094128.804.60$4,324
Oct 20033821,13828.174.76$16,177
Sep 200301,32626.314.75$6,298
Aug 20031881,40829.765.13$12,818
Jul 20031931,26529.415.17$12,217
Jun 20031821,49728.565.98$14,154
May 20031921,71626.595.97$15,354
Apr 200318150326.675.41$7,547
Mar 20031871,33231.146.10$13,943
Feb 20031891,39133.487.93$17,353
Jan 20031871,70630.315.58$15,191
Dec 20023841,35926.914.85$16,930
Nov 20025471,51924.664.14$19,773
Oct 20025501,56426.464.23$21,167
Sep 20025691,39527.443.64$20,684
Aug 20025671,62025.963.16$19,845
Jul 20023811,77924.583.06$14,812
Jun 20027521,78923.733.34$23,817
May 20025711,93924.663.58$21,030
Apr 20027351,70123.653.51$23,357
Mar 20025561,81422.003.10$17,860
Feb 20027371,64818.222.38$17,343
Jan 20027451,94317.172.38$17,408
Dec 20017552,14116.932.36$17,844
Nov 20017392,22418.072.41$18,704
Oct 20018082,38919.782.53$22,024
Sep 20019403,57324.262.25$30,848
Aug 20017443,82124.873.05$30,169
Jul 20015693,80423.933.20$25,778
Jun 20013874,61024.563.82$27,134
May 20013836,33825.524.31$37,074
Apr 200158210,52224.685.34$70,502
Mar 20011831,61424.545.38$13,168
Feb 200101,45427.755.77$8,385
Jan 200101,62227.478.40$13,623
Dec 20001991,72726.889.12$21,104
Nov 200001,79932.215.66$10,179
Oct 20001821,90931.235.15$15,507
Sep 200002,02931.875.19$10,523
Aug 20001541,92229.644.54$13,292
Jul 20001791,87428.534.09$12,771
Jun 200001,76629.304.40$7,766
May 200001,86327.263.68$6,855
Apr 20001801,80624.513.12$10,039
Mar 200001,77628.422.86$5,079
Feb 20001881,63527.622.73$9,650
Jan 200001,77725.272.48$4,408
Dec 19991711,81624.282.42$8,553
Nov 19991761,87923.192.43$8,655
Oct 199902,04720.982.80$5,739
Sep 19991822,02021.752.62$9,249
Aug 199902,14619.262.88$6,171
Jul 19991922,20517.892.37$8,666
Jun 199902,10515.942.36$4,972
May 19991902,29615.792.32$8,329
Apr 199902,22515.102.21$4,913
Mar 19991802,35812.471.84$6,579
Feb 19991892,1739.981.82$5,836
Jan 19991942,43710.381.90$6,644
Dec 19981812,4149.201.77$5,946
Nov 199802,42010.892.19$5,289
Oct 19981802,45112.421.97$7,062
Sep 19981923,04512.592.08$8,759
Aug 19981753,16211.301.91$8,009
Jul 19981853,19011.742.24$9,309
Jun 19983553,42111.242.24$11,644
May 19981883,17012.622.21$9,367
Apr 19983532,99013.042.51$12,094
Mar 19983762,56112.802.31$10,727
Feb 19983592,40513.952.30$10,537
Jan 19983452,66314.702.15$10,810
Dec 19971792,36016.322.41$8,611
Nov 19973462,60618.193.09$14,342
Oct 19971762,55719.253.15$11,442
Sep 19973552,90817.742.95$14,890
Aug 19973523,17217.862.55$14,390
Jul 19971762,94417.582.25$9,709
Jun 19975312,89817.242.26$15,696
May 19973863,22718.972.31$14,772
Apr 19974733,00517.882.08$14,716
Mar 19977193,32418.951.94$20,071
Feb 19973763,09820.492.21$14,538
Jan 19973823,03623.483.54$19,716
Dec 19961863,78023.32—$4,338
Nov 19967362,57821.97—$16,170
Oct 19967512,19923.31—$17,506
Sep 19963621,51222.22—$8,044
Aug 19962251,77720.26—$4,559
Jul 19961952,41619.55—$3,812
Jun 19962362,25518.73—$4,420
May 19961982,48119.43—$3,847
Apr 19962182,41521.51—$4,689
Mar 19962372,52419.38—$4,593
Feb 19965492,55216.98—$9,322
Jan 19963602,85517.07—$6,145
Dec 19953682,73217.19—$6,326
Nov 19953702,53816.00—$5,920
Oct 19955042,36915.43—$7,777
Sep 19957282,20216.18—$11,779
Aug 19953862,23315.92—$6,145
Jul 19953761,99115.24—$5,730
Jun 19955922,05616.41—$9,715
May 19953802,27517.56—$6,673
Apr 19957642,22317.73—$13,546
Mar 19957721,86316.44—$12,692
Feb 19955671,79916.58—$9,401
Jan 19957701,99515.92—$12,258
Dec 19943892,00615.03—$5,847
Nov 19947002,14815.90—$11,130
Oct 19945782,17215.58—$9,005
Sep 19947242,30415.29—$11,070
Aug 19943842,67516.13—$6,194
Jul 19949762,86517.56—$17,139
Jun 19943852,62717.09—$6,580
May 19947472,69515.88—$11,862
Apr 19947712,09014.14—$10,902
Mar 19947582,69612.46—$9,445
Feb 19946152,37212.50—$7,688
Jan 19947602,54512.66—$9,622
Dec 19931,1372,74712.33—$14,019
Nov 19939582,89614.49—$13,881
Oct 19937532,81015.85—$11,935
Sep 19931,1392,86815.03—$17,119
Aug 19931,3073,24515.66—$20,468
Jul 19937743,26615.46—$11,966
Jun 19931,1472,32316.79—$19,258
May 19937671,27217.68—$13,561
Apr 19939482,18918.05—$17,111
Mar 19931,1201,63718.14—$20,317
Feb 19937732,06317.90—$13,837
Jan 19931,2972,43216.93—$21,958

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       168 Mcf  × $  3.05 =       $512

────────────────────────────────────────────────────
Month total                                     $512

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/15399 is the state's own key, not one this site invented.