MILDRED

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 15403District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$43 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
OilDisposition30,381 bbl$1,463,394
Casinghead gasProduction734,009 Mcf$3,526,613
Total$4,990,007

19,886 Mcf of this lease's gas, across 29 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 30.2999, -96.7952. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.29993, -96.79518 · 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
8,265 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 8,265 ft.

Completions filed
Dec 2005
1 of 1 wells

1 well

42-2873107218,265 ftDec 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 20260976106.413.05$2,973
Apr 2026096598.932.87$2,769
Mar 202601,05189.753.15$3,310
Feb 2026081763.503.75$3,064
Jan 202601,08259.138.00$8,654
Dec 202501,07156.664.41$4,727
Nov 2025096258.593.93$3,777
Oct 2025097059.383.30$3,206
Sep 2025057862.743.08$1,778
Aug 2025093763.933.01$2,825
Jul 202501,01966.743.32$3,378
Jun 2025091466.483.13$2,860
May 202501,93160.553.23$6,242
Apr 2025099862.363.54$3,536
Mar 202501,19367.704.27$5,092
Feb 202501,62270.884.34$7,041
Jan 2025047274.324.28$2,020
Dec 2024055268.993.12$1,723
Nov 202401,06469.052.20$2,339
Oct 202401,00771.372.28$2,297
Sep 2024097969.612.36$2,315
Aug 202401,25675.632.06$2,592
Jul 202401,43279.932.15$3,074
Jun 2024097778.082.63$2,573
May 202402,00378.812.20$4,403
Apr 2024021384.451.66$353
Mar 2024078480.301.55$1,211
Feb 202401,58276.091.78$2,822
Jan 2024092773.023.30$3,057
Dec 2023097771.262.61$2,551
Nov 202301,02877.892.81$2,886
Oct 2023076685.443.09$2,365
Sep 202302,09189.042.74$5,719
Aug 202301,04780.522.67$2,799
Jul 202311,00974.852.64$2,740
Jun 2023095568.962.26$2,157
May 202301,06070.622.23$2,361
Apr 2023092078.122.24$2,059
Mar 2023481,73672.852.39$7,651
Feb 2023091375.112.47$2,251
Jan 2023094476.533.39$3,198
Dec 202201,82476.415.73$10,450
Nov 2022083885.005.65$4,732
Oct 202201,92887.185.86$11,305
Sep 2022097784.888.16$7,976
Aug 202201,99694.529.13$18,218
Jul 202201,564101.587.54$11,796
Jun 20220938115.097.98$7,483
May 202201,809109.378.43$15,255
Apr 202201,859104.226.84$12,711
Mar 202201,672108.885.08$8,488
Feb 202201,90491.054.86$9,251
Jan 202201,21781.844.54$5,522
Dec 202101,94371.323.90$7,576
Nov 202101,29777.435.24$6,792
Oct 202101,09179.795.71$6,234
Sep 202101,14569.865.35$6,127
Aug 2021351,35966.024.22$8,046
Jul 202101,17970.783.98$4,695
Jun 202121,28069.493.38$4,466
May 202101,36663.483.02$4,122
Apr 2021088860.362.76$2,449
Mar 202101,12661.302.72$3,059
Feb 202101,02157.805.55$5,664
Jan 202101,56750.412.81$4,404
Dec 202001,56944.642.68$4,198
Nov 20201151,51438.772.71$8,556
Oct 202001,17436.972.48$2,910
Sep 202001,74137.091.99$3,466
Aug 202001,26639.982.39$3,020
Jul 202001,72238.371.83$3,143
Jun 202001,21534.901.69$2,054
May 202001,95216.921.81$3,542
Apr 20201151,27514.751.80$3,997
Mar 202001,03730.341.86$1,925
Feb 202001,16349.881.98$2,304
Jan 20201021,88657.252.09$9,790
Dec 201901,09559.012.30$2,523
Nov 201901,12255.302.75$3,086
Oct 2019088453.472.42$2,138
Sep 2019851,15855.052.66$7,756
Aug 201901,45853.112.30$3,360
Jul 2019088656.272.46$2,180
Jun 201901,33952.782.49$3,336
May 201901,07758.482.74$2,951
Apr 20191221,31262.632.75$11,250
Mar 201901,48356.803.06$4,541
Feb 2019081950.852.79$2,287
Jan 201901,21146.033.23$3,909
Dec 20181101,70746.594.19$12,269
Nov 2018093052.934.24$3,941
Oct 201801,57561.443.40$5,352
Sep 201801,56059.543.11$4,848
Aug 201801,10559.403.07$3,389
Jul 2018771,58665.142.93$9,666
Jun 201801,34260.183.08$4,129
May 201801,65565.382.90$4,801
Apr 20181291,37363.842.90$12,218
Mar 201801,51461.222.79$4,219
Feb 201801,29961.782.77$3,593
Jan 20181071,39762.874.01$12,328
Dec 201701,60957.272.92$4,701
Nov 201701,65455.423.12$5,158
Oct 201701,60849.292.98$4,798
Sep 201701,86747.523.09$5,764
Aug 201701,17145.373.00$3,518
Jul 201701,55043.873.09$4,785
Jun 201701,20642.493.09$3,723
May 201701,83545.373.26$5,988
Apr 201701,70147.933.21$5,463
Mar 2017581,09546.772.98$5,980
Feb 201701,81250.452.95$5,350
Jan 201701,09349.413.42$3,737
Dec 20161631,55548.763.72$13,737
Nov 201601,56042.492.64$4,125
Oct 201601,53646.193.09$4,747
Sep 201601,72041.553.10$5,333
Aug 201601,17041.442.92$3,421
Jul 201602,17741.622.92$6,366
Jun 201601,11045.352.69$2,981
May 201601,77742.521.99$3,538
Apr 201601,80036.561.99$3,584
Mar 20161711,41833.011.79$8,189
Feb 20161351,73426.472.06$7,152
Jan 201601,96027.352.36$4,634
Dec 20151702,39732.362.00$10,299
Nov 201512,31938.792.17$5,065
Oct 201501,25443.552.43$3,043
Sep 20151181,77842.992.76$9,977
Aug 201501,70640.162.87$4,900
Jul 20151721,63248.152.95$13,088
Jun 201501,65956.152.88$4,783
May 201501,17455.212.96$3,470
Apr 2015982,28449.822.71$11,064
Mar 201501,15642.892.93$3,393
Feb 201501,94344.662.98$5,783
Jan 2015902,23643.433.10$10,842
Dec 201401,20854.693.59$4,338
Nov 201402,29570.464.25$9,758
Oct 2014872,60778.303.90$16,982
Sep 201401,17486.164.05$4,749
Aug 201402,26389.394.04$9,131
Jul 201402,46396.564.18$10,294
Jun 2014711,40898.164.74$13,639
May 201402,66094.734.73$12,573
Apr 2014691,22795.944.81$12,521
Mar 201402,60095.895.06$13,148
Feb 2014571,27097.406.19$13,416
Jan 201402,82390.404.86$13,722
Dec 2013752,49291.824.35$17,738
Nov 201301,89988.853.74$7,099
Oct 2013882,28297.423.78$17,197
Sep 201302,829104.113.72$10,517
Aug 20131031,445104.253.52$15,828
Jul 201302,692102.523.72$10,008
Jun 2013812,74894.403.93$18,455
May 201302,65194.834.15$10,999
Apr 20136487493.964.28$9,756
Mar 201302,58693.623.91$10,119
Feb 20131262,33091.233.42$19,463
Jan 201301,04891.603.42$3,584
Dec 20121042,50586.773.42$17,592
Nov 2012822,11086.953.62$14,779
Oct 201201,21089.383.40$4,114
Sep 20121702,17694.672.92$22,444
Aug 201202,33592.662.91$6,791
Jul 201201,06785.133.02$3,223
Jun 20121831,86579.822.52$19,305
May 2012562,31691.612.49$10,893
Apr 20121511,958101.652.00$19,259
Mar 20121201,271105.052.22$15,430
Feb 20121242,365101.102.57$18,615
Jan 201225097798.092.73$27,194
Dec 201103,70896.873.24$12,013
Nov 20111122,49995.723.31$18,996
Oct 20111812,11584.983.65$23,098
Sep 201102,79383.623.99$11,132
Aug 20112163,21883.404.15$31,367
Jul 20111731,62894.144.52$23,640
Jun 2011683,11092.904.64$20,747
May 2011862,47298.134.40$19,328
Apr 20111063,213105.964.33$25,155
Mar 20111813,43896.364.06$31,390
Feb 201102,94985.644.18$12,327
Jan 20112653,55186.504.59$39,217
Dec 20101192,33985.734.35$20,371
Nov 20101282,62580.843.80$20,310
Oct 20102433,19978.103.51$30,203
Sep 201002,91172.633.98$11,584
Aug 20101661,92773.684.42$20,747
Jul 20101893,29572.554.74$29,319
Jun 201002,73570.364.91$13,430
May 20101312,40771.124.24$19,511
Apr 20101833,60681.694.12$29,816
Mar 20101852,50478.394.39$25,491
Feb 201003,18773.585.44$17,345
Jan 201003,26774.365.96$19,485
Dec 20091562,75971.445.48$26,274
Nov 200903,14074.593.75$11,780
Oct 20091183,42972.544.11$22,654
Sep 20091792,07565.543.06$18,091
Aug 200903,25967.423.22$10,489
Jul 200903,74361.133.46$12,968
Jun 200903,72966.163.90$14,524
May 200904,73654.743.93$18,592
Apr 20091153,35246.773.59$17,404
Mar 20091825,25942.144.06$29,016
Feb 2009434,33232.814.63$21,481
Jan 20091524,62135.865.37$30,270
Dec 2008787,73137.105.98$49,103
Nov 200806,84055.496.86$46,925
Oct 20081417,78175.246.92$64,469
Sep 200803,533101.767.88$27,830
Aug 20081733,996114.228.48$53,658
Jul 20081394,020131.0811.39$64,006
Jun 20081003,590131.3313.03$59,920
May 20081113,751123.1711.57$57,087
Apr 2008463,699110.3110.45$43,747
Mar 20081363,802101.909.66$50,601
Feb 200823,51292.538.77$30,987
Jan 20081223,64190.388.21$40,903
Dec 20071823,66088.337.30$42,801
Nov 200703,69291.677.29$26,921
Oct 200733,85582.856.92$26,933
Sep 20071783,55775.846.24$35,710
Aug 200764,00969.066.39$26,024
Jul 20071813,32070.906.39$34,041
Jun 200702,89162.007.55$21,823
May 20071824,03558.747.85$42,350
Apr 200713,47859.617.81$27,206
Mar 2007113,40256.927.30$25,467
Feb 20071822,51155.108.22$30,659
Jan 20071782,68650.306.73$27,022
Dec 20061833,41856.656.92$34,014
Nov 200614,40654.207.62$33,617
Oct 20063575,52254.906.01$52,808
Sep 20061814,58460.085.04$33,965
Aug 20063604,87768.717.34$60,532
Jul 20063554,12069.376.34$50,759
Jun 20061793,67266.286.38$35,306
May 20063543,17566.016.42$43,767
Apr 20065354,68364.397.36$68,918
Mar 20068925,62856.707.08$90,439
Feb 20065447,22657.597.75$87,339
Jan 200618411,83460.598.93$116,865
Dec 2005945,00154.9413.42$72,255
Nov 20051771,56854.6910.59$26,283
Oct 20051812,74458.3413.80$48,415
Sep 200512,75161.4512.08$33,291
Aug 200542,01961.519.80$20,026
Jul 20051781,66655.697.84$22,980
Jun 200551,52152.337.38$11,488
May 200541,57645.226.65$10,663
Apr 20051791,53149.207.36$20,076
Mar 20053511,76050.377.15$30,272
Feb 200518832545.226.31$10,553
Jan 20051752,74043.166.32$24,876
Dec 20041803,24739.866.75$29,096
Nov 20043571,94045.286.33$28,446
Oct 20041762,74449.706.52$26,625
Sep 20041772,61443.245.28$21,466
Aug 20043653,19842.375.55$33,216
Jul 20045302,56138.286.08$35,870
Jun 20043552,30736.106.43$27,656
May 20041803,19737.486.49$27,510
Apr 20041782,65134.475.86$21,666
Mar 20041792,55334.365.53$20,269
Feb 20041732,12332.455.51$17,311
Jan 20041772,15432.036.30$19,239
Dec 20031783,08330.266.30$24,814
Nov 20031772,94128.804.60$18,612
Oct 200322,90828.174.76$13,897
Sep 20031872,93726.314.75$18,869
Aug 200323,49029.765.13$17,962
Jul 20031813,03129.415.17$20,996
Jun 200302,85028.565.98$17,051
May 200313,35226.595.97$20,047
Apr 20031832,46426.675.41$18,204
Mar 200312,00931.146.10$12,278
Feb 20031962,96033.487.93$30,023
Jan 20031933,34230.315.58$24,505
Dec 20021882,95026.914.85$19,378
Nov 20021803,14224.664.14$17,437
Oct 20021764,33226.464.23$22,978
Sep 20021904,19627.443.64$20,467
Aug 20021864,85825.963.16$20,200
Jul 20023735,24424.583.06$25,224
Jun 20023722,87623.733.34$18,428
May 20021834,18224.663.58$19,501
Apr 20023684,22023.653.51$23,525
Mar 20023735,00422.003.10$23,732
Feb 20021945,24518.222.38$15,995
Jan 20021756,49717.172.38$18,440
Dec 200105,66716.932.36$13,399
Nov 20011816,24518.072.41$18,293
Oct 20011756,43019.782.53$19,722
Sep 20011871,08924.262.25$6,988
Aug 20011883,45624.873.05$15,227
Jul 20017267,03923.933.20$39,877
Jun 20011,1283,69524.563.82$41,834
May 20013801,48225.524.31$16,081
Apr 200137861024.685.34$12,584
Mar 2001126424.545.38$1,444
Feb 2001583,02127.755.77$19,032
Jan 20010027.478.40$0
Dec 200072026.889.12$1,935
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
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 1998009.201.77$0
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 19970019.253.15$0
Sep 19970017.742.95$0
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 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 1995033517.56$0
Apr 1995022017.73$0
Mar 199504916.44$0
Feb 1995040016.58$0
Jan 1995018115.92$0
Dec 1994036915.03$0
Nov 199417626615.90$2,798
Oct 1994041715.58$0
Sep 1994055015.29$0
Aug 1994453916.13$65
Jul 199418752617.56$3,284
Jun 1994055117.09$0
May 199436264115.88$5,749
Apr 1994369314.14$42
Mar 199437968712.46$4,722
Feb 1994553912.50$63
Jan 199435482312.66$4,482
Dec 19933241,16912.33$3,995
Nov 19932891,20114.49$4,188
Oct 1993090915.85$0
Sep 1993053315.03$0
Aug 19933601,60115.66$5,638
Jul 199301,17715.46$0
Jun 19933491,38816.79$5,860
May 19933831,30717.68$6,771
Apr 199332835218.05$5,920
Mar 1993036818.14$0
Feb 19933421,11417.90$6,122
Jan 1993098116.93$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                    0 bbl  × $106.41 =         $0
Casinghead gas       976 Mcf  × $  3.05 =     $2,973

────────────────────────────────────────────────────
Month total                                   $2,973

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/15403 is the state's own key, not one this site invented.