HIELSCHER "B"

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 15948District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.9 M
Jan 1993 – Feb 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
386
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
OilDisposition94,379 bbl$3,510,483
Casinghead gasProduction449,751 Mcf$1,416,073
Total$4,926,556

93,570 Mcf of this lease's gas, across 47 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 30.0555, -97.0036. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

30.05545, -97.00365 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,508 ft
2 wells filed one
Completion to plug
15.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 8,260 and 10,756 ft, median 9,508 ft, over the 2 wells that filed a depth.

Completions filed
Jun 1982 – Aug 1996
2 of 2 wells
Plug dates filed
Oct 1984 – Jan 2025
2 of 2 wells

Last completion to plug: a median of 15.4 years across the 2 wells that filed both dates, with the middle half between 8.8 years and 21.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-28731626210,756 ftAug 1996Jan 2025Yes
42-2873118618,260 ftJun 1982Oct 1984Yes

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 (386)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

386 months

Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202479073.023.30$5,769
Dec 20230071.262.61$0
Nov 20230377.892.81$8
Oct 20230685.443.09$19
Sep 20230689.042.74$16
Aug 20230380.522.67$8
Jul 20231835174.852.64$13,832
Jun 202324268.962.26$233
May 202301570.622.23$33
Apr 2023011178.122.24$248
Mar 202306472.852.39$153
Feb 202301375.112.47$32
Jan 202318715376.533.39$14,829
Dec 2022115776.415.73$976
Nov 2022017685.005.65$994
Oct 20220087.185.86$0
Sep 20220184.888.16$8
Aug 202220318494.529.13$20,867
Jul 20221215101.587.54$1,723
Jun 2022184201115.097.98$22,780
May 20221268109.378.43$2,369
Apr 2022199104.226.84$781
Mar 2022192205108.885.08$21,946
Feb 2022012891.054.86$622
Jan 2022222181.844.54$1,167
Dec 202117970071.323.90$15,496
Nov 202117547477.435.24$16,033
Oct 202119572679.795.71$19,707
Sep 202117849869.865.35$15,100
Aug 202117746466.024.22$13,644
Jul 202118277270.783.98$15,956
Jun 202119123669.493.38$14,070
May 20210063.483.02$0
Apr 202101260.362.76$33
Mar 202103361.302.72$90
Feb 20210057.805.55$0
Jan 202107650.412.81$214
Dec 20200044.642.68$0
Nov 202018813238.772.71$7,646
Oct 202007036.972.48$173
Sep 202001837.091.99$36
Aug 202009639.982.39$229
Jul 20200038.371.83$0
Jun 202004534.901.69$76
May 2020171016.921.81$2,893
Apr 2020016514.751.80$298
Mar 202018179230.341.86$6,962
Feb 2020017349.881.98$343
Jan 2020021457.252.09$448
Dec 201918419359.012.30$11,303
Nov 201906255.302.75$171
Oct 201909553.472.42$230
Sep 201918213055.052.66$10,365
Aug 201918328853.112.30$10,383
Jul 2019020856.272.46$512
Jun 201917729652.782.49$10,079
May 201908858.482.74$241
Apr 2019018662.632.75$512
Mar 201918649056.803.06$12,065
Feb 2019010350.852.79$288
Jan 20191865346.033.23$8,733
Dec 201801046.594.19$42
Nov 2018023452.934.24$992
Oct 2018026561.443.40$900
Sep 201818732359.543.11$12,138
Aug 2018026859.403.07$822
Jul 201818629165.142.93$12,969
Jun 201818535660.183.08$12,229
May 2018043465.382.90$1,259
Apr 201817831563.842.90$12,277
Mar 2018036861.222.79$1,026
Feb 201818735961.782.77$12,546
Jan 2018020662.874.01$826
Dec 201716938857.272.92$10,812
Nov 2017044155.423.12$1,375
Oct 201718045949.292.98$10,242
Sep 201719059747.523.09$10,872
Aug 20170545.373.00$15
Jul 2017019543.873.09$602
Jun 201719140042.493.09$9,351
May 201718250145.373.26$9,892
Apr 201718046147.933.21$10,108
Mar 2017016946.772.98$504
Feb 2017011150.452.95$328
Jan 201718525149.413.42$9,999
Dec 2016013748.763.72$510
Nov 201618743142.492.64$9,085
Oct 2016020846.193.09$643
Sep 201618734141.553.10$8,827
Aug 201618138641.442.92$8,629
Jul 2016040841.622.92$1,193
Jun 201617839745.352.69$9,139
May 201617931142.521.99$8,230
Apr 2016023836.561.99$474
Mar 201618557233.011.79$7,133
Feb 2016018826.472.06$388
Jan 201619050827.352.36$6,398
Dec 201519641132.362.00$7,165
Nov 2015035138.792.17$761
Oct 201518042243.552.43$8,863
Sep 201517939642.992.76$8,788
Aug 201517748540.162.87$8,501
Jul 2015043648.152.95$1,284
Jun 201537634756.152.88$22,113
May 2015041455.212.96$1,224
Apr 201518329949.822.71$9,926
Mar 201519244842.892.93$9,550
Feb 201504544.662.98$134
Jan 2015033743.433.10$1,045
Dec 201418140154.693.59$11,339
Nov 201418750270.464.25$15,310
Oct 201419236878.303.90$16,469
Sep 2014042786.164.05$1,727
Aug 201417338289.394.04$17,006
Jul 201418353296.564.18$19,894
Jun 201418642398.164.74$20,261
May 2014037894.734.73$1,787
Apr 201418853095.944.81$20,586
Mar 201419018495.895.06$19,150
Feb 2014042197.406.19$2,607
Jan 201419124190.404.86$18,438
Dec 201318345591.824.35$18,784
Nov 201318366588.853.74$18,746
Oct 201318652997.423.78$20,119
Sep 20130213104.113.72$792
Aug 2013182482104.253.52$20,671
Jul 2013169243102.523.72$18,229
Jun 2013041594.403.93$1,632
May 201318616994.834.15$18,340
Apr 2013038193.964.28$1,632
Mar 201317435093.623.91$17,659
Feb 2013067491.233.42$2,305
Jan 201319481491.603.42$20,554
Dec 201218379686.773.42$18,601
Nov 20121821,01486.953.62$19,501
Oct 201217699989.383.40$19,127
Sep 20123681,00694.672.92$37,774
Aug 201219168092.662.91$19,676
Jul 201219212285.133.02$16,714
Jun 201219244479.822.52$16,444
May 2012055691.612.49$1,384
Apr 2012361654101.652.00$38,002
Mar 20120403105.052.22$896
Feb 2012378857101.102.57$40,419
Jan 201219551398.092.73$20,530
Dec 201118774996.873.24$20,541
Nov 201119473895.723.31$21,013
Oct 201118650784.983.65$17,656
Sep 201118958883.623.99$18,148
Aug 201119353783.404.15$18,324
Jul 201118942794.144.52$19,721
Jun 201118643092.904.64$19,275
May 2011054798.134.40$2,409
Apr 2011183640105.964.33$22,164
Mar 201118847696.364.06$20,047
Feb 201118771885.644.18$19,016
Jan 201119569386.504.59$20,048
Dec 201019584885.734.35$20,404
Nov 201018735680.843.80$16,468
Oct 201018170578.103.51$16,610
Sep 201018869372.633.98$16,412
Aug 201018790173.684.42$17,760
Jul 201018671372.554.74$16,871
Jun 2010060070.364.91$2,946
May 201018890871.124.24$17,216
Apr 201018756181.694.12$17,589
Mar 201018795878.394.39$18,863
Feb 201018160373.585.44$16,600
Jan 201019877774.365.96$19,357
Dec 200918578871.445.48$17,538
Nov 200918680174.593.75$16,879
Oct 200918975772.544.11$16,822
Sep 200918557565.543.06$13,887
Aug 200936279767.423.22$26,971
Jul 2009052761.133.46$1,826
Jun 200919367366.163.90$15,390
May 200919319754.743.93$11,338
Apr 200918555746.773.59$10,651
Mar 20091961,04242.144.06$12,489
Feb 200919378332.814.63$9,960
Jan 200919971535.865.37$10,976
Dec 200819864437.105.98$11,195
Nov 200819148455.496.86$13,919
Oct 200819585275.246.92$20,569
Sep 2008188692101.767.88$24,582
Aug 2008194807114.228.48$29,004
Jul 2008193959131.0811.39$36,221
Jun 2008387825131.3313.03$61,577
May 2008388966123.1711.57$58,971
Apr 2008389891110.3110.45$52,226
Mar 2008194916101.909.66$28,621
Feb 20083931,07292.538.77$45,766
Jan 2008058490.388.21$4,792
Dec 200719786888.337.30$23,739
Nov 20073911,19291.677.29$44,535
Oct 20071841,11782.856.92$22,976
Sep 20071931,10875.846.24$21,556
Aug 20073341,19269.066.39$30,680
Jul 200719686470.906.39$19,416
Jun 200737986862.007.55$30,050
May 2007234158.747.85$2,793
Apr 200719444559.617.81$15,038
Mar 20073961,19156.927.30$31,237
Feb 20072021,02455.108.22$19,543
Jan 20071981,05950.306.73$17,083
Dec 20061871,06456.656.92$17,955
Nov 200636497654.207.62$27,163
Oct 200631,07154.906.01$6,605
Sep 200636697360.085.04$26,890
Aug 200617892168.717.34$18,990
Jul 200621,21269.376.34$7,826
Jun 200635196366.286.38$29,412
May 200618119666.016.42$13,207
Apr 20061781,13264.397.36$19,793
Mar 20061811,14956.707.08$18,401
Feb 20061941,14657.597.75$20,055
Jan 20061781,46660.598.93$23,881
Dec 20053761,44854.9413.42$40,083
Nov 20055491,67554.6910.59$47,760
Oct 200514932858.3413.80$13,218
Sep 20052941,33361.4512.08$34,168
Aug 20051641,85061.519.80$28,212
Jul 20053521,62655.697.84$32,357
Jun 20051851,30352.337.38$19,299
May 20051831,32245.226.65$17,068
Apr 20053661,37049.207.36$28,091
Mar 2005051250.377.15$3,663
Feb 200515379945.226.31$11,962
Jan 200517090643.166.32$13,065
Dec 200417086739.866.75$12,629
Nov 200416782645.286.33$12,791
Oct 20043251,02749.706.52$22,844
Sep 200416854843.245.28$10,160
Aug 200417989342.375.55$12,541
Jul 20041701,31238.286.08$14,490
Jun 20045171,19536.106.43$26,351
May 200488888337.486.49$39,017
Apr 200436050734.475.86$15,379
Mar 200436391134.365.53$17,511
Feb 200418251032.455.51$8,716
Jan 200418358632.036.30$9,553
Dec 20033651,51030.266.30$20,560
Nov 20033631,62328.804.60$17,912
Oct 200301,27328.174.76$6,059
Sep 20033461,07526.314.75$14,209
Aug 20033641,21929.765.13$17,086
Jul 200301,33229.415.17$6,888
Jun 20033531,58628.565.98$19,571
May 200302,25126.595.97$13,445
Apr 20033632,51626.675.41$23,286
Mar 200301,01931.146.10$6,212
Feb 200302633.487.93$206
Jan 200307130.315.58$396
Dec 2002015526.914.85$752
Nov 2002020724.664.14$856
Oct 20021791,66226.464.23$11,765
Sep 20023302,07227.443.64$16,587
Aug 200201,60425.963.16$5,075
Jul 200202,25824.583.06$6,913
Jun 2002056623.733.34$1,889
May 2002046524.663.58$1,667
Apr 2002086523.653.51$3,038
Mar 2002082122.003.10$2,547
Feb 20021821,07818.222.38$5,877
Jan 200201,47317.172.38$3,499
Dec 2001019816.932.36$468
Nov 2001025618.072.41$616
Oct 2001052519.782.53$1,328
Sep 2001080824.262.25$1,819
Aug 2001069124.873.05$2,110
Jul 2001046823.933.20$1,496
Jun 200117690324.563.82$7,776
May 20011733,08325.524.31$17,694
Apr 20013462,46824.685.34$21,707
Mar 20013482,24024.545.38$20,583
Feb 200102,88627.755.77$16,644
Jan 20013642,98427.478.40$35,061
Dec 20001793,42926.889.12$36,093
Nov 20001832,60632.215.66$20,639
Oct 20001762,52231.235.15$18,473
Sep 20003522,36531.875.19$23,484
Aug 2000011429.644.54$518
Jul 2000111628.534.09$503
Jun 2000091829.304.40$4,037
May 200034965227.263.68$11,913
Apr 200001,13624.513.12$3,540
Mar 200018166528.422.86$7,046
Feb 200017678427.622.73$6,999
Jan 20007072,19425.272.48$23,308
Dec 19991,94915224.282.42$47,690
Nov 19993617923.192.43$8,564
Oct 199917787820.982.80$6,175
Sep 19993523,16421.752.62$15,942
Aug 199934348819.262.88$8,009
Jul 19991481,78317.892.37$6,878
Jun 199901,33815.942.36$3,160
May 19993463,00615.792.32$12,440
Apr 199902,43515.102.21$5,377
Mar 19993522,34912.471.84$8,708
Feb 19991792,7579.981.82$6,798
Jan 19995373,82210.381.90$12,836
Dec 19981791,8829.201.77$4,984
Nov 19983563,57410.892.19$11,689
Oct 19983673,60212.421.97$11,651
Sep 19983484,48812.592.08$13,728
Aug 19987134,70211.301.91$17,025
Jul 19987305,01911.742.24$19,799
Jun 19983473,20711.242.24$11,075
May 19985463,82712.622.21$15,334
Apr 19987226,11913.042.51$24,745
Mar 19987274,81212.802.31$20,419
Feb 19987343,62113.952.30$18,564
Jan 19981,0754,68914.702.15$25,906
Dec 19977234,00316.322.41$21,451
Nov 19971,0897,48918.193.09$42,937
Oct 19971,79612,34819.253.15$73,467
Sep 19977274,03317.742.95$24,814
Aug 19975526,70317.862.55$26,983
Jul 19977207,30017.582.25$29,060
Jun 19973614,52817.242.26$16,444
May 19977278,97818.972.31$34,517
Apr 19979069,24717.882.08$35,459
Mar 199773510,58918.951.94$34,462
Feb 19977368,84220.492.21$34,585
Jan 19971,10910,58223.483.54$63,496
Dec 19961,64915,97823.32$38,455
Nov 19961,25714,18021.97$27,616
Oct 19961,67220,53523.31$38,974
Sep 19961,7661,69922.22$39,241
Aug 19960020.26$0
Jul 199618022919.55$3,519
Jun 199617969618.73$3,353
May 199635967519.43$6,975
Apr 199636568121.51$7,851
Mar 199618351919.38$3,547
Feb 199635965316.98$6,096
Jan 199618072417.07$3,073
Dec 199537074217.19$6,360
Nov 199555465416.00$8,864
Oct 199518379015.43$2,824
Sep 199536081116.18$5,825
Aug 199536163015.92$5,747
Jul 199555532315.24$8,458
Jun 199536423216.41$5,973
May 199537027217.56$6,497
Apr 199537625617.73$6,666
Mar 19955498216.44$9,026
Feb 199518435316.58$3,051
Jan 199554749915.92$8,708
Dec 199435956615.03$5,396
Nov 199437859215.90$6,010
Oct 199454054415.58$8,413
Sep 199454759315.29$8,364
Aug 199452077216.13$8,388
Jul 199436158917.56$6,339
Jun 199455286817.09$9,434
May 199451993115.88$8,242
Apr 199472295214.14$10,209
Mar 199472994212.46$9,083
Feb 199436884212.50$4,600
Jan 199474794912.66$9,457
Dec 19939121,04712.33$11,245
Nov 19933621,01814.49$5,245
Oct 19937371,27515.85$11,681
Sep 19937251,39215.03$10,897
Aug 19937311,72815.66$11,447
Jul 19937161,87815.46$11,069
Jun 19937272,14316.79$12,206
May 19931,1232,38317.68$19,855
Apr 19931,1262,28118.05$20,324
Mar 19931,1382,41018.14$20,643
Feb 19931,1452,21817.90$20,496
Jan 19931,7212,44416.93$29,137

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.

Jan 2024 — as filed, then multipliedworked
Oil                   79 bbl  × $ 73.02 =     $5,769
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                   $5,769

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/15948 is the state's own key, not one this site invented.