CHARLOTTE

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 15826District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$9.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$99 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
OilDisposition155,323 bbl$8,299,358
Casinghead gasProduction215,163 Mcf$988,308
Total$9,287,666

39,591 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 30.3176, -96.8233. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

30.31761, -96.82330 · 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
7,985 ft
2 wells filed one
Completion to plug
20.1 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 7,967 and 8,002 ft, median 7,985 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1982 – Mar 2005
2 of 2 wells
Plug dates filed
Aug 2002
1 of 2 wells; 1 filed none

Last completion to plug: a median of 20.1 years across the 1 well that filed both dates, with the middle half between 20.1 years and 20.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2873155428,002 ftMar 2005
42-2873124017,967 ftJul 1982Aug 2002Yes

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 2026573106.413.05$754
Apr 2026416498.932.87$866
Mar 202614815389.753.15$13,765
Feb 202619130463.503.75$13,269
Jan 202609059.138.00$720
Dec 202529910456.664.41$17,400
Nov 2025525258.593.93$1,282
Oct 202517437659.383.30$11,575
Sep 20251102562.743.08$6,978
Aug 2025616963.933.01$893
Jul 202526830566.743.32$18,897
Jun 202518426966.483.13$13,074
May 202518229160.553.23$11,961
Apr 202518030362.363.54$12,298
Mar 202517512267.704.27$12,368
Feb 20251022670.884.34$1,690
Jan 20251791374.324.28$13,359
Dec 202417517368.993.12$12,613
Nov 202418228269.052.20$13,187
Oct 202418034271.372.28$13,627
Sep 202418035269.612.36$13,362
Aug 202433335775.632.06$25,922
Jul 202418028579.932.15$14,999
Jun 202418038478.082.63$15,066
May 202417424278.812.20$14,245
Apr 20241444684.451.66$12,237
Mar 202417828080.301.55$14,726
Feb 2024129476.091.78$9,823
Jan 202414373.023.30$215
Dec 2023317671.262.61$673
Nov 202318018777.892.81$14,545
Oct 202317818285.443.09$15,770
Sep 2023316189.042.74$707
Aug 202318016380.522.67$14,929
Jul 202318014574.852.64$13,856
Jun 202318218568.962.26$12,969
May 202317622770.622.23$12,935
Apr 202318721178.122.24$15,081
Mar 202335422372.852.39$26,323
Feb 202317823975.112.47$13,959
Jan 202336217076.533.39$28,280
Dec 202219115976.415.73$15,505
Nov 202237025785.005.65$32,901
Oct 202236522287.185.86$33,122
Sep 202235714784.888.16$31,502
Aug 2022719994.529.13$2,478
Jul 2022192226101.587.54$21,208
Jun 2022185281115.097.98$23,533
May 2022176197109.378.43$20,910
Apr 202217773104.226.84$18,946
Mar 202218787108.885.08$20,802
Feb 2022411191.054.86$904
Jan 202219211081.844.54$16,212
Dec 20211838771.323.90$13,391
Nov 202118415877.435.24$15,075
Oct 20211929879.795.71$15,880
Sep 202118310969.865.35$13,368
Aug 202118317366.024.22$12,812
Jul 202136019670.783.98$26,261
Jun 202118924269.493.38$13,952
May 202136920463.483.02$24,040
Apr 202137224360.362.76$23,124
Mar 202137628261.302.72$23,815
Feb 202119316357.805.55$12,060
Jan 202155932350.412.81$29,087
Dec 202057944744.642.68$27,042
Nov 202057139238.772.71$23,199
Oct 202069731436.972.48$26,546
Sep 202036227037.091.99$13,964
Aug 20201,10113639.982.39$44,342
Jul 20207208438.371.83$27,780
Jun 20209007734.901.69$31,540
May 202023716.921.81$101
Apr 20207247014.751.80$10,805
Mar 20204430.341.86$129
Feb 20203049.881.98$150
Jan 20207057.252.09$401
Dec 20196059.012.30$354
Nov 20196055.302.75$332
Oct 201966253.472.42$3,534
Sep 2019117355.052.66$515
Aug 201917131353.112.30$9,803
Jul 201916927456.272.46$10,184
Jun 201917933152.782.49$10,272
May 2019130958.482.74$905
Apr 201917626562.632.75$11,752
Mar 201917527756.803.06$10,788
Feb 2019127950.852.79$830
Jan 201918330646.033.23$9,411
Dec 2018124646.594.19$1,076
Nov 201816924852.934.24$9,996
Oct 2018224161.443.40$942
Sep 201816524459.543.11$10,582
Aug 2018124159.403.07$798
Jul 201816525665.142.93$11,499
Jun 20189324460.183.08$6,348
May 2018125765.382.90$811
Apr 201816426963.842.90$11,250
Mar 2018227961.222.79$900
Feb 201817123961.782.77$11,225
Jan 201816628962.874.01$11,595
Dec 201716935857.272.92$10,725
Nov 2017127155.423.12$901
Oct 201716625449.292.98$8,940
Sep 2017119947.523.09$662
Aug 201717119545.373.00$8,344
Jul 201716834343.873.09$8,429
Jun 201707642.493.09$235
May 201701445.373.26$46
Apr 201717627947.933.21$9,332
Mar 201717226246.772.98$8,826
Feb 2017130150.452.95$939
Jan 201716239149.413.42$9,341
Dec 201616436248.763.72$9,344
Nov 2016133742.492.64$934
Oct 201616637146.193.09$8,814
Sep 201616833941.553.10$8,032
Aug 201610620441.442.92$4,989
Jul 201616828241.622.92$7,817
Jun 2016331545.352.69$982
May 201617235742.521.99$8,024
Apr 2016335736.561.99$820
Mar 201616334133.011.79$5,992
Feb 201616745526.472.06$5,359
Jan 201616226627.352.36$5,060
Dec 201517444832.362.00$6,527
Nov 2015356638.792.17$1,343
Oct 201517260943.552.43$8,968
Sep 201516958142.992.76$8,868
Aug 201516848940.162.87$8,152
Jul 2015260048.152.95$1,863
Jun 201526563356.152.88$16,705
May 201516368855.212.96$11,033
Apr 201516162949.822.71$9,723
Mar 201517057742.892.93$8,985
Feb 201516955744.662.98$9,205
Jan 201516862743.433.10$9,240
Dec 201417656354.693.59$11,647
Nov 201417242470.464.25$13,922
Oct 201417141178.303.90$14,993
Sep 201426721786.164.05$23,883
Aug 2014216789.394.04$853
Jul 201417817896.564.18$17,932
Jun 201417114398.164.74$17,463
May 201426831894.734.73$26,891
Apr 201418021395.944.81$18,294
Mar 2014516295.895.06$1,299
Feb 20149813997.406.19$10,406
Jan 2014414290.404.86$1,052
Dec 2013618691.824.35$1,361
Nov 201317412888.853.74$15,938
Oct 2013120397.423.78$865
Sep 2013343440104.113.72$37,346
Aug 2013173190104.253.52$18,705
Jul 2013175130102.523.72$18,424
Jun 201317310494.403.93$16,740
May 201317512694.834.15$17,118
Apr 20133443793.964.28$32,481
Mar 20133515593.623.91$33,076
Feb 20138659691.233.42$79,242
Jan 20136957091.603.42$63,901
Dec 20125192086.773.42$45,102
Nov 20124386.953.62$359
Oct 201271189.383.40$6,349
Sep 20124194.672.92$382
Aug 201286012692.662.91$80,054
Jul 20125111,22385.133.02$47,196
Jun 20121761,34479.822.52$17,434
May 20125201,37691.612.49$51,061
Apr 20123471,407101.652.00$38,082
Mar 20125131,566105.052.22$57,370
Feb 20123451,433101.102.57$38,563
Jan 20123561,39898.092.73$38,742
Dec 20113441,30696.873.24$37,554
Nov 20113571,57695.723.31$39,391
Oct 20113551,49184.983.65$35,608
Sep 20111761,23983.623.99$19,656
Aug 20113451,19383.404.15$33,723
Jul 20113551,10994.144.52$38,429
Jun 20111741,08492.904.64$21,194
May 20111791,03898.134.40$22,137
Apr 2011179975105.964.33$23,192
Mar 201134691296.364.06$37,041
Feb 201117767785.644.18$17,988
Jan 201151779786.504.59$48,378
Dec 201034963585.734.35$32,681
Nov 201052153180.843.80$44,133
Oct 201034834978.103.51$28,403
Sep 201069116072.633.98$50,824
Aug 20101709773.684.42$12,954
Jul 20101093272.554.74$8,060
Jun 201034183370.364.91$28,083
May 20105161,32671.124.24$42,314
Apr 201035386281.694.12$32,390
Mar 20105221,17478.394.39$46,072
Feb 20103451,07173.585.44$31,214
Jan 20103461,19174.365.96$32,832
Dec 20095251,12771.445.48$43,686
Nov 20092941,07174.593.75$25,947
Oct 20095151,08972.544.11$41,834
Sep 20092731,02965.543.06$21,046
Aug 20095111,06967.423.22$37,892
Jul 20093461,04461.133.46$24,768
Jun 20093441,11466.163.90$27,098
May 20095071,19354.743.93$32,437
Apr 20095111,16846.773.59$28,090
Mar 20093501,24242.144.06$19,790
Feb 20095931,07832.814.63$24,451
Jan 20093621,08835.865.37$18,825
Dec 20085391,09437.105.98$26,536
Nov 20085281,18955.496.86$37,456
Oct 20085371,17575.246.92$48,537
Sep 2008529898101.767.88$60,905
Aug 20085361,040114.228.48$70,044
Jul 20083621,057131.0811.39$59,490
Jun 20087221,008131.3313.03$107,957
May 2008360919123.1711.57$54,978
Apr 20085331,004110.3110.45$69,292
Mar 20087071,134101.909.66$83,002
Feb 200853679292.538.77$56,542
Jan 200870471690.388.21$69,503
Dec 200737685788.337.30$39,470
Nov 200752897791.677.29$55,526
Oct 20075281,05282.856.92$51,027
Sep 20075381,09575.846.24$47,639
Aug 20076981,18769.066.39$55,786
Jul 20075061,22270.906.39$43,681
Jun 20077071,33362.007.55$53,896
May 20078721,50358.747.85$63,014
Apr 20077021,66559.617.81$54,842
Mar 20071,0641,62256.927.30$72,407
Feb 20076991,44955.108.22$50,420
Jan 20078791,45950.306.73$54,028
Dec 20068711,34456.656.92$58,641
Nov 20068731,55454.207.62$59,154
Oct 20068761,49254.906.01$57,065
Sep 20068751,54560.085.04$60,352
Aug 20061,0441,87468.717.34$85,488
Jul 20061,0461,58769.376.34$82,627
Jun 20061,0401,53766.286.38$78,743
May 20061,3901,62366.016.42$102,182
Apr 20068751,19664.397.36$65,144
Mar 20061,2351,69456.707.08$82,023
Feb 20061,3981,71357.597.75$93,788
Jan 20061,5731,78460.598.93$111,245
Dec 20051,5651,93454.9413.42$111,926
Nov 20051,7522,05354.6910.59$117,555
Oct 20051,7332,37458.3413.80$133,854
Sep 20052,9662,57561.4512.08$213,364
Aug 20053,6842,53761.519.80$251,457
Jul 20054,2203,95355.697.84$266,018
Jun 20054,8494,52052.337.38$287,110
May 20055,7946,36545.226.65$304,339
Apr 200510,0226,51849.207.36$541,058
Mar 20059,2752,81850.377.15$487,344
Feb 2005117045.226.31$5,291
Jan 20050043.166.32$0
Dec 2004173039.866.75$6,896
Nov 20041045.286.33$45
Oct 2004168049.706.52$8,350
Sep 20041043.245.28$43
Aug 2004172042.375.55$7,288
Jul 20041038.286.08$38
Jun 2004171036.106.43$6,173
May 20040037.486.49$0
Apr 2004172034.475.86$5,929
Mar 20041034.365.53$34
Feb 2004170032.455.51$5,517
Jan 20040032.036.30$0
Dec 2003168030.266.30$5,084
Nov 20030028.804.60$0
Oct 2003185028.174.76$5,211
Sep 2003180026.314.75$4,736
Aug 2003181029.765.13$5,387
Jul 20030029.415.17$0
Jun 2003183028.565.98$5,226
May 20030026.595.97$0
Apr 200301926.675.41$103
Mar 20031821831.146.10$5,777
Feb 20031833833.487.93$6,428
Jan 200302430.315.58$134
Dec 2002181726.914.85$4,905
Nov 200212024.664.14$107
Oct 20021867926.464.23$5,256
Sep 2002010527.443.64$382
Aug 20021819025.963.16$4,984
Jul 20021831224.583.06$4,535
Jun 20021833923.733.34$4,473
May 20021811624.663.58$4,521
Apr 20021893423.653.51$4,589
Mar 200205122.003.10$158
Feb 20021813118.222.38$3,371
Jan 200208117.172.38$192
Dec 20011955316.932.36$3,427
Nov 20011827418.072.41$3,467
Oct 200103019.782.53$76
Sep 2001186024.262.25$4,512
Aug 20011802024.873.05$4,538
Jul 20011826023.933.20$4,547
Jun 200103524.563.82$134
May 20011835125.524.31$4,890
Apr 200102524.685.34$133
Mar 20011876024.545.38$4,912
Feb 200118127.755.77$495
Jan 20011896927.478.40$5,771
Dec 200007126.889.12$648
Nov 20001909132.215.66$6,635
Oct 200018017231.235.15$6,506
Sep 2000188031.875.19$5,992
Aug 2000180029.644.54$5,335
Jul 2000350028.534.09$9,986
Jun 2000180029.304.40$5,274
May 2000174627.263.68$4,765
Apr 200017810224.513.12$4,681
Mar 200018910228.422.86$5,663
Feb 2000010227.622.73$278
Jan 200018810425.272.48$5,009
Dec 199917910424.282.42$4,598
Nov 199917910323.192.43$4,402
Oct 199918112420.982.80$4,145
Sep 199918411421.752.62$4,301
Aug 199918012619.262.88$3,829
Jul 1999011117.892.37$263
Jun 199917611015.942.36$3,065
May 199917911415.792.32$3,091
Apr 199917311915.102.21$2,875
Mar 199917710712.471.84$2,404
Feb 1999174599.981.82$1,844
Jan 19991835810.381.90$2,010
Dec 1998348649.201.77$3,315
Nov 1998010310.892.19$225
Oct 199836311012.421.97$4,725
Sep 1998012412.592.08$258
Aug 199818814611.301.91$2,403
Jul 199818216911.742.24$2,515
Jun 199817815011.242.24$2,336
May 199819018112.622.21$2,797
Apr 199817716713.042.51$2,726
Mar 199838418412.802.31$5,340
Feb 199817018113.952.30$2,788
Jan 199817821314.702.15$3,076
Dec 199735125916.322.41$6,353
Nov 1997023918.193.09$738
Oct 199735625519.253.15$7,656
Sep 199717133217.742.95$4,015
Aug 199734930517.862.55$7,012
Jul 199718218417.582.25$3,613
Jun 199718049517.242.26$4,221
May 199718250018.972.31$4,607
Apr 1997058117.882.08$1,210
Mar 199738759818.951.94$8,493
Feb 1997350120.492.21$1,167
Jan 199718757223.483.54$6,415
Dec 199636738723.32$8,558
Nov 199656135221.97$12,325
Oct 199635827123.31$8,345
Sep 199634027122.22$7,555
Aug 199636433520.26$7,375
Jul 199648237719.55$9,423
Jun 199654240718.73$10,152
May 199667740519.43$13,154
Apr 19961,03343221.51$22,220
Mar 199689446319.38$17,326
Feb 199673737216.98$12,514
Jan 19961,05839417.07$18,060
Dec 199575238317.19$12,927
Nov 199558032216.00$9,280
Oct 199535448015.43$5,462
Sep 1995049816.18$0
Aug 199536757015.92$5,843
Jul 199534446115.24$5,243
Jun 199535973716.41$5,891
May 1995093517.56$0
Apr 199554390317.73$9,627
Mar 199537075016.44$6,083
Feb 1995071516.58$0
Jan 199557175515.92$9,090
Dec 199437084715.03$5,561
Nov 1994084115.90$0
Oct 199435486515.58$5,515
Sep 199455183415.29$8,425
Aug 199436486616.13$5,871
Jul 199401,26517.56$0
Jun 19946391,23717.09$10,921
May 19943741,16315.88$5,939
Apr 199401,19714.14$0
Mar 19947421,30512.46$9,245
Feb 19943811,45512.50$4,763
Jan 19943671,47312.66$4,646
Dec 19933591,38912.33$4,426
Nov 19933481,22314.49$5,043
Oct 19933461,21815.85$5,484
Sep 19933881,29515.03$5,832
Aug 19937011,26615.66$10,978
Jul 19933551,52215.46$5,488
Jun 199301,39016.79$0
May 19937991,01217.68$14,126
Apr 199338689318.05$6,967
Mar 199338498618.14$6,966
Feb 1993094617.90$0
Jan 19937661,12816.93$12,968

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                    5 bbl  × $106.41 =       $532
Casinghead gas        73 Mcf  × $  3.05 =       $222

────────────────────────────────────────────────────
Month total                                     $754

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/15826 is the state's own key, not one this site invented.