FRANCIS

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 16063District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$31 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
OilDisposition45,634 bbl$1,708,523
Casinghead gasProduction271,392 Mcf$994,260
Total$2,702,783

29,456 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 30.7036, -95.1738. A lease has no coordinate of its own — that point is the mean of its wells, and they span 189.4 miles, so treat it as the lease's centre and not as its location.

30.70363, -95.17380 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,431 ft
2 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.
2100.0%

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 7,790 and 15,071 ft, median 11,431 ft, over the 2 wells that filed a depth.

Completions filed
Oct 1982 – Mar 1999
2 of 2 wells

2 wells

42-351306551 H15,071 ftMar 1999
42-2873105217,790 ftOct 1982

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 20260180106.413.05$548
Apr 2026011998.932.87$342
Mar 2026012589.753.15$394
Feb 202618611563.503.75$12,242
Jan 2026014459.138.00$1,152
Dec 2025014156.664.41$622
Nov 2025018058.593.93$707
Oct 20259328059.383.30$6,448
Sep 2025034862.743.08$1,071
Aug 2025020863.933.01$627
Jul 2025028166.743.32$932
Jun 20257924966.483.13$6,031
May 2025025460.553.23$821
Apr 2025025862.363.54$914
Mar 2025132367.704.27$1,446
Feb 20259128970.884.34$7,705
Jan 202511674.324.28$143
Dec 2024586968.993.12$4,217
Nov 202411815369.052.20$8,484
Oct 20245917371.372.28$4,606
Sep 2024213869.612.36$466
Aug 202411624975.632.06$9,287
Jul 2024116979.932.15$443
Jun 20247324578.082.63$6,345
May 202413936278.812.20$11,750
Apr 202407884.451.66$129
Mar 20248631080.301.55$7,385
Feb 2024029976.091.78$533
Jan 2024138773.023.30$1,349
Dec 20237331871.262.61$6,032
Nov 2023034277.892.81$960
Oct 2023032285.443.09$994
Sep 202313627889.042.74$12,870
Aug 2023023580.522.67$628
Jul 202313621274.852.64$10,740
Jun 2023019868.962.26$447
May 2023132170.622.23$786
Apr 2023035378.122.24$790
Mar 202317236872.852.39$13,411
Feb 2023132075.112.47$864
Jan 2023033176.533.39$1,121
Dec 2022031076.415.73$1,776
Nov 2022129385.005.65$1,739
Oct 202217528087.185.86$16,898
Sep 2022128884.888.16$2,436
Aug 20229225794.529.13$11,042
Jul 20221257101.587.54$2,040
Jun 20220344115.097.98$2,744
May 2022176345109.378.43$22,159
Apr 20221324104.226.84$2,320
Mar 20220343108.885.08$1,741
Feb 2022130891.054.86$1,588
Jan 2022029581.844.54$1,339
Dec 202117928071.323.90$13,858
Nov 2021123577.435.24$1,308
Oct 2021031079.795.71$1,771
Sep 20217737669.865.35$7,391
Aug 2021138066.024.22$1,670
Jul 202118529170.783.98$14,253
Jun 2021128369.493.38$1,026
May 202117934063.483.02$12,389
Apr 2021118660.362.76$573
Mar 2021126061.302.72$768
Feb 202119029457.805.55$12,613
Jan 2021023750.412.81$666
Dec 2020125844.642.68$735
Nov 2020130038.772.71$851
Oct 2020116336.972.48$441
Sep 202039037.091.99$290
Aug 202011139.982.39$66
Jul 202008138.371.83$148
Jun 2020014134.901.69$238
May 2020114516.921.81$280
Apr 20200014.751.80$0
Mar 202014430.341.86$112
Feb 202004249.881.98$83
Jan 202014657.252.09$154
Dec 2019704359.012.30$4,230
Nov 201914755.302.75$185
Oct 201905653.472.42$135
Sep 201905855.052.66$154
Aug 2019013153.112.30$302
Jul 2019032256.272.46$792
Jun 20199227552.782.49$5,541
May 2019024158.482.74$660
Apr 2019138262.632.75$1,113
Mar 2019036256.803.06$1,108
Feb 201910327150.852.79$5,994
Jan 2019035546.033.23$1,146
Dec 2018031146.594.19$1,302
Nov 2018034152.934.24$1,445
Oct 2018035261.443.40$1,196
Sep 2018028459.543.11$883
Aug 20189633459.403.07$6,727
Jul 2018039565.142.93$1,158
Jun 2018033760.183.08$1,037
May 2018036165.382.90$1,047
Apr 2018030963.842.90$896
Mar 2018032761.222.79$911
Feb 20189328061.782.77$6,520
Jan 2018030162.874.01$1,207
Dec 2017030757.272.92$897
Nov 2017031455.423.12$979
Oct 20179733649.292.98$5,784
Sep 2017025047.523.09$772
Aug 2017030845.373.00$925
Jul 2017032743.873.09$1,010
Jun 2017130542.493.09$984
May 2017031445.373.26$1,025
Apr 2017031547.933.21$1,012
Mar 201710032146.772.98$5,635
Feb 2017029250.452.95$862
Jan 2017033649.413.42$1,149
Dec 2016031848.763.72$1,184
Nov 2016031542.492.64$833
Oct 2016032446.193.09$1,001
Sep 20168134641.553.10$4,438
Aug 2016032941.442.92$962
Jul 2016036641.622.92$1,070
Jun 2016029545.352.69$792
May 2016032042.521.99$637
Apr 201610733736.561.99$4,583
Mar 2016037533.011.79$673
Feb 2016028726.472.06$592
Jan 2016033527.352.36$792
Dec 20153833732.362.00$1,904
Nov 2015130538.792.17$700
Oct 2015032443.552.43$786
Sep 2015026742.992.76$737
Aug 2015037540.162.87$1,077
Jul 20158536248.152.95$5,159
Jun 2015029356.152.88$845
May 2015033455.212.96$987
Apr 2015034649.822.71$936
Mar 2015038742.892.93$1,136
Feb 201510835544.662.98$5,880
Jan 2015044443.433.10$1,377
Dec 2014135454.693.59$1,326
Nov 2014033370.464.25$1,416
Oct 2014034978.303.90$1,361
Sep 20147834086.164.05$8,096
Aug 2014034389.394.04$1,384
Jul 2014036096.564.18$1,505
Jun 2014033798.164.74$1,596
May 20146136994.734.73$7,523
Apr 2014135995.944.81$1,822
Mar 2014040195.895.06$2,028
Feb 2014043197.406.19$2,669
Jan 20148737090.404.86$9,663
Dec 2013034291.824.35$1,489
Nov 2013034288.853.74$1,278
Oct 20138134597.423.78$9,195
Sep 20130316104.113.72$1,175
Aug 20130351104.253.52$1,236
Jul 201373352102.523.72$8,793
Jun 2013051894.403.93$2,038
May 2013062094.834.15$2,572
Apr 20137731193.964.28$8,567
Mar 2013039993.623.91$1,561
Feb 2013037091.233.42$1,265
Jan 2013035091.603.42$1,197
Dec 20129534086.773.42$9,406
Nov 2012037586.953.62$1,359
Oct 2012042989.383.40$1,458
Sep 2012040194.672.92$1,170
Aug 2012041192.662.91$1,195
Jul 20128641685.133.02$8,578
Jun 2012039179.822.52$985
May 2012030891.612.49$766
Apr 20120404101.652.00$807
Mar 201253453105.052.22$6,574
Feb 20120413101.102.57$1,062
Jan 20128447898.092.73$9,546
Dec 2011045896.873.24$1,484
Nov 2011043495.723.31$1,437
Oct 20119746884.983.65$9,951
Sep 2011144383.623.99$1,849
Aug 2011047983.404.15$1,988
Jul 2011041094.144.52$1,852
Jun 2011044992.904.64$2,083
May 20119548798.134.40$11,468
Apr 20111473105.964.33$2,156
Mar 2011048796.364.06$1,976
Feb 201111739585.644.18$11,671
Jan 2011043586.504.59$1,996
Dec 2010041285.734.35$1,791
Nov 20104541180.843.80$5,198
Oct 2010044978.103.51$1,575
Sep 2010044272.633.98$1,759
Aug 20106346273.684.42$6,684
Jul 2010044072.554.74$2,084
Jun 2010033570.364.91$1,645
May 20108941471.124.24$8,083
Apr 2010031081.694.12$1,278
Mar 2010044078.394.39$1,931
Feb 201010838273.585.44$10,026
Jan 2010044174.365.96$2,630
Dec 2009043371.445.48$2,374
Nov 20098537074.593.75$7,728
Oct 20092835772.544.11$3,498
Sep 2009033965.543.06$1,039
Aug 2009037367.423.22$1,201
Jul 20098334061.133.46$6,252
Jun 2009031166.163.90$1,211
May 2009030454.743.93$1,193
Apr 200911320746.773.59$6,028
Mar 2009118942.144.06$809
Feb 2009111032.814.63$542
Jan 200917834535.865.37$8,236
Dec 2008036637.105.98$2,188
Nov 2008050555.496.86$3,464
Oct 200818372475.246.92$18,780
Sep 20080791101.767.88$6,231
Aug 2008181704114.228.48$26,646
Jul 2008182699131.0811.39$31,818
Jun 2008182917131.3313.03$35,853
May 2008370914123.1711.57$56,152
Apr 2008359949110.3110.45$49,523
Mar 2008179984101.909.66$27,750
Feb 200817799792.538.77$25,122
Jan 20083631,04490.388.21$41,375
Dec 20071821,10888.337.30$24,167
Nov 20071801,10491.677.29$24,551
Oct 20073621,01482.856.92$37,011
Sep 200717997775.846.24$19,676
Aug 20071791,01569.066.39$18,846
Jul 20071801,08270.906.39$19,674
Jun 200717591762.007.55$17,772
May 2007126358.747.85$2,122
Apr 2007041759.617.81$3,255
Mar 200717936956.927.30$12,883
Feb 2007019255.108.22$1,577
Jan 20071808750.306.73$9,639
Dec 20061748856.656.92$10,466
Nov 200617919254.207.62$11,164
Oct 200617465954.906.01$13,516
Sep 200617768660.085.04$14,090
Aug 200635272368.717.34$29,493
Jul 200617874269.376.34$17,054
Jun 200617773166.286.38$16,398
May 200617868666.016.42$16,157
Apr 200635971364.397.36$28,364
Mar 200617366756.707.08$14,533
Feb 200617264657.597.75$14,913
Jan 200617771060.598.93$17,067
Dec 200535170654.9413.42$28,755
Nov 200517774354.6910.59$17,547
Oct 200517578758.3413.80$21,067
Sep 200516777761.4512.08$19,648
Aug 200535878061.519.80$29,662
Jul 200517678955.697.84$15,990
Jun 200517479852.337.38$14,995
May 200517682645.226.65$13,453
Apr 200518479549.207.36$14,904
Mar 200517683350.377.15$14,825
Feb 200535678245.226.31$21,034
Jan 200518184343.166.32$13,142
Dec 200418087239.866.75$13,062
Nov 200434577945.286.33$20,553
Oct 200417382949.706.52$13,999
Sep 200417366043.245.28$10,968
Aug 200417376642.375.55$11,582
Jul 200435366438.286.08$17,553
Jun 200418282036.106.43$11,845
May 200417785437.486.49$12,180
Apr 200417334634.475.86$7,990
Mar 200417557134.365.53$9,171
Feb 200417676632.455.51$9,932
Jan 200417480732.036.30$10,657
Dec 200317388030.266.30$10,780
Nov 200317381728.804.60$8,737
Oct 200318888228.174.76$9,494
Sep 200337787526.314.75$14,075
Aug 200318490929.765.13$10,139
Jul 200318291429.415.17$10,079
Jun 200318989228.565.98$10,735
May 200318193226.595.97$10,379
Apr 200318692426.675.41$9,957
Mar 200318999731.146.10$11,963
Feb 200318591833.487.93$13,470
Jan 20031891,02130.315.58$11,428
Dec 20021861,03526.914.85$10,029
Nov 20021951,06424.664.14$9,210
Oct 200201,12926.464.23$4,775
Sep 20021861,09427.443.64$9,081
Aug 20021791,24425.963.16$8,583
Jul 20021851,23124.583.06$8,316
Jun 20021871,17723.733.34$8,367
May 200201,18624.663.58$4,251
Apr 20021761,19023.653.51$8,342
Mar 20023681,21422.003.10$11,863
Feb 20021591,14718.222.38$5,622
Jan 20021801,10517.172.38$5,716
Dec 200101,41716.932.36$3,350
Nov 20013631,54218.072.41$10,269
Oct 2001037519.782.53$948
Sep 2001073524.262.25$1,655
Aug 20011821,32324.873.05$8,566
Jul 20011771,24123.933.20$8,203
Jun 200101,05924.563.82$4,050
May 20011891,10325.524.31$9,574
Apr 20011821,03324.685.34$10,003
Mar 20011861,11524.545.38$10,559
Feb 200101,08527.755.77$6,257
Jan 20011851,13127.478.40$14,581
Dec 20001841,16626.889.12$15,583
Nov 200001,18232.215.66$6,688
Oct 20001901,27431.235.15$12,489
Sep 20001801,26331.875.19$12,287
Aug 200001,27529.644.54$5,789
Jul 20001781,43028.534.09$10,927
Jun 200001,38629.304.40$6,095
May 20001811,45827.263.68$10,299
Apr 200001,36824.513.12$4,263
Mar 20001881,64928.422.86$10,059
Feb 20001841,46927.622.73$9,087
Jan 20001731,53925.272.48$8,189
Dec 199901,68824.282.42$4,091
Nov 19991841,64123.192.43$8,261
Oct 19991841,77420.982.80$8,834
Sep 19991771,57621.752.62$7,977
Aug 19991821,76219.262.88$8,572
Jul 199911,87417.892.37$4,464
Jun 19991751,93215.942.36$7,353
May 19991771,81415.792.32$7,005
Apr 19991721,88215.102.21$6,753
Mar 19991841,93612.471.84$5,853
Feb 19991701,4999.981.82$4,421
Jan 19991671,62910.381.90$4,828
Dec 19983441,8459.201.77$6,437
Nov 19981881,56210.892.19$5,461
Oct 19983461,57012.421.97$7,389
Sep 19983462,08812.592.08$8,705
Aug 19983772,17911.301.91$8,416
Jul 19981772,17511.742.24$6,944
Jun 19983672,11311.242.24$8,852
May 19983752,36412.622.21$9,948
Apr 19983522,22913.042.51$10,174
Mar 19983562,33112.802.31$9,940
Feb 19983602,02313.952.30$9,673
Jan 19983752,21314.702.15$10,281
Dec 19973642,25216.322.41$11,370
Nov 19971692,13218.193.09$9,658
Oct 19975362,31719.253.15$17,616
Sep 19971782,64317.742.95$10,967
Aug 19975342,79317.862.55$16,673
Jul 19973632,94417.582.25$12,997
Jun 19973552,97317.242.26$12,831
May 19975393,01718.972.31$17,190
Apr 19973712,97317.882.08$12,826
Mar 19975313,15718.951.94$16,184
Feb 19975532,92320.492.21$17,779
Jan 19979143,87523.483.54$35,177
Dec 19963603,95523.32$8,395
Nov 1996024221.97$0
Oct 199618260923.31$4,242
Sep 1996053822.22$0
Aug 1996062420.26$0
Jul 1996066019.55$0
Jun 1996066418.73$0
May 199618464919.43$3,575
Apr 1996059821.51$0
Mar 1996065519.38$0
Feb 199619268516.98$3,260
Jan 1996073217.07$0
Dec 1995071117.19$0
Nov 199518663216.00$2,976
Oct 1995071015.43$0
Sep 199518973916.18$3,058
Aug 1995075415.92$0
Jul 1995063315.24$0
Jun 1995063816.41$0
May 199518657917.56$3,266
Apr 199518861717.73$3,333
Mar 1995052616.44$0
Feb 199536781616.58$6,085
Jan 1995088415.92$0
Dec 199416716115.03$2,510
Nov 1994025315.90$0
Oct 1994027615.58$0
Sep 1994037315.29$0
Aug 1994050516.13$0
Jul 199437534717.56$6,585
Jun 1994048817.09$0
May 199437754415.88$5,987
Apr 1994050714.14$0
Mar 199437547912.46$4,673
Feb 199437737912.50$4,713
Jan 1994055312.66$0
Dec 199337553612.33$4,624
Nov 199376058914.49$11,012
Oct 199338444915.85$6,086
Sep 199337941915.03$5,696
Aug 199373742015.66$11,541
Jul 199337542215.46$5,798
Jun 199338647016.79$6,481
May 199337749117.68$6,665
Apr 199377050118.05$13,899
Mar 199339056018.14$7,075
Feb 199374845117.90$13,389
Jan 199338643316.93$6,535

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       180 Mcf  × $  3.05 =       $548

────────────────────────────────────────────────────
Month total                                     $548

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/16063 is the state's own key, not one this site invented.