LENOISE 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 15544District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$10.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$647
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
OilDisposition253,692 bbl$8,047,468
Casinghead gasProduction576,060 Mcf$2,379,420
Total$10,426,888

47,569 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 30.1600, -96.9087. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.16005, -96.90866 · 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
8,894 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 8,894 ft.

Completions filed
May 1998
1 of 1 wells

1 well

42-2873119218,894 ftMay 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 202600106.413.05$0
Apr 202601498.932.87$40
Mar 202607589.753.15$236
Feb 20260063.503.75$0
Jan 20260259.138.00$16
Dec 20252556.664.41$135
Nov 202501158.593.93$43
Oct 202501859.383.30$59
Sep 202501062.743.08$31
Aug 20250763.933.01$21
Jul 20250966.743.32$30
Jun 202501166.483.13$34
May 20250860.553.23$26
Apr 20250962.363.54$32
Mar 202501667.704.27$68
Feb 202507370.884.34$317
Jan 202504474.324.28$188
Dec 202401868.993.12$56
Nov 202404269.052.20$92
Oct 202418271.372.28$258
Sep 20241818469.612.36$12,798
Aug 20241824875.632.06$13,864
Jul 20241686779.932.15$13,572
Jun 20241798478.082.63$14,198
May 2024012378.812.20$270
Apr 202402284.451.66$37
Mar 202409280.301.55$142
Feb 20241718576.091.78$13,163
Jan 202407773.023.30$254
Dec 202318810371.262.61$13,666
Nov 2023210577.892.81$451
Oct 20231797485.443.09$15,522
Sep 202305389.042.74$145
Aug 20231886980.522.67$15,322
Jul 202307774.852.64$203
Jun 2023210368.962.26$371
May 202316811270.622.23$12,114
Apr 2023110778.122.24$318
Mar 2023311372.852.39$489
Feb 20231629675.112.47$12,405
Jan 2023210976.533.39$522
Dec 202217710576.415.73$14,126
Nov 2022012285.005.65$689
Oct 202217211587.185.86$15,669
Sep 20221777284.888.16$15,612
Aug 2022015694.529.13$1,424
Jul 2022052101.587.54$392
Jun 202200115.097.98$0
May 2022039109.378.43$329
Apr 2022041104.226.84$280
Mar 202216946108.885.08$18,634
Feb 202203291.054.86$155
Jan 20221664781.844.54$13,799
Dec 202105471.323.90$211
Nov 202105077.435.24$262
Oct 202106679.795.71$377
Sep 202109369.865.35$498
Aug 20211829466.024.22$12,412
Jul 202109870.783.98$390
Jun 202109069.493.38$304
May 2021012963.483.02$389
Apr 20211731560.362.76$10,484
Mar 202102061.302.72$54
Feb 202106857.805.55$377
Jan 20211809150.412.81$9,330
Dec 202008944.642.68$238
Nov 202008538.772.71$230
Oct 20201839336.972.48$6,996
Sep 20201687737.091.99$6,384
Aug 20201766839.982.39$7,199
Jul 202018110538.371.83$7,137
Jun 202017712434.901.69$6,387
May 2020012816.921.81$232
Apr 202018413114.751.80$2,950
Mar 202017832330.341.86$6,000
Feb 2020027449.881.98$543
Jan 202017831757.252.09$10,855
Dec 201918131159.012.30$11,397
Nov 2019028755.302.75$789
Oct 201918233653.472.42$10,544
Sep 201917131355.052.66$10,245
Aug 2019030953.112.30$712
Jul 201918535256.272.46$11,276
Jun 201917835752.782.49$10,284
May 2019021058.482.74$575
Apr 201917733962.632.75$12,018
Mar 201918133056.803.06$11,291
Feb 2019022050.852.79$614
Jan 201918027146.033.23$9,160
Dec 2018024646.594.19$1,030
Nov 201818220452.934.24$10,498
Oct 2018018061.443.40$612
Sep 2018017159.543.11$531
Aug 2018024159.403.07$739
Jul 201817936965.142.93$12,742
Jun 2018047360.183.08$1,455
May 201818047465.382.90$13,143
Apr 201818052163.842.90$13,003
Mar 2018054261.222.79$1,510
Feb 201818528261.782.77$12,209
Jan 2018036462.874.01$1,459
Dec 201718552057.272.92$12,114
Nov 201718445355.423.12$11,610
Oct 2017041649.292.98$1,241
Sep 2017038547.523.09$1,189
Aug 2017042545.373.00$1,277
Jul 201717252443.873.09$9,163
Jun 201717970642.493.09$9,785
May 201718039245.373.26$9,446
Apr 2017047847.933.21$1,535
Mar 201719565746.772.98$11,080
Feb 201719245050.452.95$11,015
Jan 2017036149.413.42$1,234
Dec 201618438348.763.72$10,398
Nov 2016059242.492.64$1,565
Oct 201617958046.193.09$10,060
Sep 201618761141.553.10$9,664
Aug 2016051041.442.92$1,491
Jul 201618771741.622.92$9,880
Jun 201618145145.352.69$9,420
May 2016047942.521.99$954
Apr 201618055136.561.99$7,678
Mar 2016061533.011.79$1,103
Feb 201619471026.472.06$6,600
Jan 201618790227.352.36$7,247
Dec 2015068432.362.00$1,369
Nov 201536588638.792.17$16,079
Oct 201554788243.552.43$25,962
Sep 201517744142.992.76$8,826
Aug 201518850840.162.87$9,009
Jul 2015045548.152.95$1,340
Jun 201517544256.152.88$11,100
May 201519444155.212.96$12,014
Apr 2015041349.822.71$1,118
Mar 201518737542.892.93$9,121
Feb 2015027144.662.98$807
Jan 2015033943.433.10$1,051
Dec 201418748154.693.59$11,954
Nov 2014049170.464.25$2,088
Oct 201419338678.303.90$16,618
Sep 2014029686.164.05$1,197
Aug 2014060889.394.04$2,453
Jul 201419354696.564.18$20,918
Jun 2014055298.164.74$2,615
May 201418587194.734.73$21,642
Apr 201418576795.944.81$21,438
Mar 201419543895.895.06$20,913
Feb 2014045197.406.19$2,793
Jan 201419162290.404.86$20,290
Dec 2013067491.824.35$2,935
Nov 201337979188.853.74$36,631
Oct 201318968397.423.78$20,994
Sep 20130485104.113.72$1,803
Aug 20130534104.253.52$1,881
Jul 2013184726102.523.72$21,563
Jun 2013085994.403.93$3,379
May 201317771994.834.15$19,768
Apr 2013047193.964.28$2,017
Mar 2013075893.623.91$2,966
Feb 201318283991.233.42$19,473
Jan 201318879291.603.42$19,929
Dec 201217899186.773.42$18,834
Nov 20121891,05286.953.62$20,247
Oct 201254794689.383.40$52,107
Sep 2012016594.672.92$482
Aug 201217724692.662.91$17,116
Jul 201217742685.133.02$16,355
Jun 201218367179.822.52$16,297
May 2012070091.612.49$1,742
Apr 2012174656101.652.00$18,997
Mar 2012189617105.052.22$21,225
Feb 2012188792101.102.57$21,042
Jan 201219580298.092.73$21,320
Dec 2011078396.873.24$2,537
Nov 201119272395.723.31$20,772
Oct 201118074884.983.65$18,026
Sep 201119181483.623.99$19,216
Aug 2011084883.404.15$3,519
Jul 20111761,02194.144.52$21,181
Jun 201101,04092.904.64$4,825
May 201101,73298.134.40$7,629
Apr 20113691,566105.964.33$45,885
Mar 201117654496.364.06$19,167
Feb 2011083585.644.18$3,490
Jan 20113641,28386.504.59$37,373
Dec 20105511,54085.734.35$53,933
Nov 20101811,16180.843.80$19,038
Oct 20103641,45878.103.51$33,544
Sep 201037064972.633.98$29,456
Aug 2010086873.684.42$3,836
Jul 20105602,42172.554.74$52,095
Jun 20105562,32270.364.91$50,522
May 20107642,36471.124.24$64,348
Apr 20101871,80681.694.12$22,722
Mar 20105642,22378.394.39$53,968
Feb 20103812,11573.585.44$39,545
Jan 20105592,33274.365.96$55,476
Dec 20095652,30071.445.48$52,976
Nov 20095592,32974.593.75$50,433
Oct 20095612,42072.544.11$50,642
Sep 20095612,45265.543.06$44,283
Aug 20095582,53767.423.22$45,786
Jul 20095522,66261.133.46$42,966
Jun 20097422,60966.163.90$59,253
May 20095822,65054.743.93$42,262
Apr 20095592,49746.773.59$35,102
Mar 20095852,66442.144.06$35,465
Feb 20095852,35832.814.63$30,118
Jan 20095852,55835.865.37$34,717
Dec 20085952,70937.105.98$38,267
Nov 20083902,62755.496.86$39,663
Oct 20085702,56375.246.92$60,628
Sep 20085792,132101.767.88$75,713
Aug 20083872,516114.228.48$65,546
Jul 20085832,411131.0811.39$103,880
Jun 20083852,569131.3313.03$84,043
May 20087572,636123.1711.57$123,750
Apr 20085822,577110.3110.45$91,143
Mar 20085872,773101.909.66$86,614
Feb 20085862,27992.538.77$74,211
Jan 20085732,27390.388.21$70,439
Dec 20077842,13588.337.30$84,840
Nov 20073902,00391.677.29$50,357
Oct 20075661,46582.856.92$57,034
Sep 20073771,12575.846.24$35,616
Aug 20075741,64069.066.39$50,117
Jul 20079621,63070.906.39$78,618
Jun 20075711,54162.007.55$47,034
May 20077821,54458.747.85$58,049
Apr 20077731,44859.617.81$57,380
Mar 20079581,36456.927.30$64,489
Feb 20071,3311,41155.108.22$84,931
Jan 20071,4461,46950.306.73$82,616
Dec 20061,2291,24556.656.92$78,236
Nov 20061,1361,42054.207.62$72,388
Oct 20069371,60454.906.01$61,087
Sep 20061,1021,64860.085.04$74,509
Aug 20061,6101,67568.717.34$122,917
Jul 20061,0711,65969.376.34$84,818
Jun 20065461,90266.286.38$48,331
May 20068951,89366.016.42$71,241
Apr 20068941,95364.397.36$71,940
Mar 20067461,97956.707.08$56,315
Feb 20068991,78257.597.75$65,586
Jan 20069031,78960.598.93$70,694
Dec 20059051,88454.9413.42$74,995
Nov 20059032,20554.6910.59$72,732
Oct 20058792,20758.3413.80$81,728
Sep 20054892,00761.4512.08$54,292
Aug 20056882,07061.519.80$62,598
Jul 20051,2341,65755.697.84$81,718
Jun 20058421,83852.337.38$57,628
May 20059122,42245.226.65$57,350
Apr 20059042,50249.207.36$62,893
Mar 20051,0902,58250.377.15$73,377
Feb 20051782,38445.226.31$23,097
Jan 20053482,85243.166.32$33,051
Dec 20041942,96839.866.75$27,770
Nov 20042602,97145.286.33$30,580
Oct 20041,7532,63949.706.52$104,317
Sep 20041,0692,01243.245.28$56,855
Aug 20041,6152,06642.375.55$79,895
Jul 20042,3111,42338.286.08$97,123
Jun 20047681,31636.106.43$36,191
May 20041,1012,21837.486.49$55,670
Apr 20041,0732,32634.475.86$50,613
Mar 20041,4702,36634.365.53$63,594
Feb 20041,2712,19132.455.51$53,316
Jan 20049032,29632.036.30$43,387
Dec 20031,4612,25430.266.30$58,414
Nov 20031,0942,29828.804.60$42,067
Oct 20031,0832,59128.174.76$42,840
Sep 20039022,53026.314.75$35,748
Aug 20031,0792,71829.765.13$46,054
Jul 20037243,10629.415.17$37,353
Jun 20033593,23128.565.98$29,584
May 20035354,25626.595.97$39,645
Apr 20037174,27926.675.41$42,260
Mar 20035493,81531.146.10$40,352
Feb 20036912,86333.487.93$45,826
Jan 20033632,78030.315.58$26,521
Dec 20027243,23726.914.85$35,194
Nov 20022,1512,63124.664.14$63,928
Oct 20021,2312,55926.464.23$43,395
Sep 20021,0642,99527.443.64$40,084
Aug 20021,2502,92025.963.16$41,689
Jul 20021,2442,84624.583.06$39,291
Jun 20021,5963,09123.733.34$48,192
May 20028932,80924.663.58$32,089
Apr 20021,2422,96123.653.51$39,773
Mar 20021,2643,01622.003.10$37,166
Feb 20021,0832,71118.222.38$26,173
Jan 20021,0852,58217.172.38$24,763
Dec 20018952,96516.932.36$22,163
Nov 20018972,91118.072.41$23,211
Oct 20015403,37019.782.53$19,204
Sep 20019113,11124.262.25$29,105
Aug 20011,0803,15624.873.05$36,495
Jul 20017213,74523.933.20$29,227
Jun 20017063,89724.563.82$32,242
May 20011,6124,06625.524.31$58,652
Apr 20011,9523,16224.685.34$65,046
Mar 20011,0902,53224.545.38$40,362
Feb 20011,0762,53127.755.77$44,455
Jan 20011,6343,20327.478.40$71,787
Dec 20001,2624,07926.889.12$71,133
Nov 20001,8143,95732.215.66$80,818
Oct 20002,1693,58931.235.15$86,205
Sep 20001,2323,17631.875.19$55,736
Aug 20001,6004,21129.644.54$66,545
Jul 20001,2606,29128.534.09$61,676
Jun 20001,4365,54929.304.40$66,475
May 20001,0794,10927.263.68$44,534
Apr 20001,0773,69524.513.12$37,911
Mar 20007193,80228.422.86$31,307
Feb 20003583,97427.622.73$20,723
Jan 20001,0924,03925.272.48$37,614
Dec 19991,0944,04824.282.42$36,374
Nov 19991,0763,56723.192.43$33,634
Oct 19991,9744,30020.982.80$53,470
Sep 19991,7754,04221.752.62$49,192
Aug 19991,7854,66619.262.88$47,797
Jul 19992,5134,53917.892.37$55,726
Jun 19992,8384,35815.942.36$55,532
May 19992,4945,50915.792.32$52,167
Apr 19991,9803,94915.102.21$38,618
Mar 19992,1475,25712.471.84$36,437
Feb 19992,3154,5269.981.82$31,331
Jan 19991,9655,40710.381.90$30,670
Dec 19984,8336,9919.201.77$56,861
Nov 19986,4357,97910.892.19$87,517
Oct 19986,6718,39012.421.97$99,375
Sep 19987,63010,23812.592.08$117,384
Aug 19989,84612,22011.301.91$134,568
Jul 199810,97013,48011.742.24$158,946
Jun 199816,68611,93011.242.24$214,241
May 19983,0871,49612.622.21$42,259
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 199594332417.56$16,559
Apr 19951,12742217.73$19,982
Mar 19952,39563016.44$39,374
Feb 19959141,42316.58$15,154
Jan 19959301,69015.92$14,806
Dec 19948961,67915.03$13,467
Nov 19941,2551,62615.90$19,955
Oct 19949071,51615.58$14,131
Sep 19949141,39515.29$13,975
Aug 19941,4451,35016.13$23,308
Jul 19941,0891,02117.56$19,123
Jun 19941,2651,15617.09$21,619
May 19941,3901,19215.88$22,073
Apr 19941,26191314.14$17,831
Mar 19941,82872012.46$22,777
Feb 19941,11574212.50$13,938
Jan 19943711,06812.66$4,697
Dec 19931,1021,29812.33$13,588
Nov 1993175214.49$14
Oct 19933671,97415.85$5,817
Sep 19937282,17615.03$10,942
Aug 19937232,53415.66$11,322
Jul 19931,0962,12315.46$16,944
Jun 19931,1142,42116.79$18,704
May 19937342,73917.68$12,977
Apr 19937602,95118.05$13,718
Mar 19931,1433,38518.14$20,734
Feb 19937573,07417.90$13,550
Jan 19931,1523,27516.93$19,503

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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas        14 Mcf  × $  2.87 =        $40

────────────────────────────────────────────────────
Month total                                      $40

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/15544 is the state's own key, not one this site invented.