HAYS, MARGARET

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 17124District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$7.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$186 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
OilDisposition87,295 bbl$5,759,800
Casinghead gasProduction338,420 Mcf$1,772,763
Total$7,532,563

3,460 Mcf of this lease's gas, across 24 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 30.0898, -96.8257. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.08983, -96.82568 · 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
10,330 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 10,330 ft.

Completions filed
Oct 2004
1 of 1 wells

1 well

42-14931638110,330 ftOct 2004

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 20260549106.413.05$1,672
Apr 202617865198.932.87$19,478
Mar 202619061989.753.15$19,002
Feb 202617822563.503.75$12,147
Jan 202637961259.138.00$27,305
Dec 202518463156.664.41$13,210
Nov 202536763058.593.93$23,976
Oct 202518775259.383.30$13,589
Sep 202518376162.743.08$13,823
Aug 202536177163.933.01$25,403
Jul 2025038566.743.32$1,276
Jun 202519367666.483.13$14,946
May 202518992660.553.23$14,437
Apr 202519354962.363.54$13,981
Mar 202519379067.704.27$16,438
Feb 202518890870.884.34$17,267
Jan 2025035274.324.28$1,506
Dec 202418541368.993.12$14,052
Nov 202419587669.052.20$15,391
Oct 202417273971.372.28$13,962
Sep 20243571,02669.612.36$27,277
Aug 20245491,11775.632.06$43,826
Jul 202418897679.932.15$17,122
Jun 20245571,02178.082.63$46,180
May 2024030578.812.20$671
Apr 20240284.451.66$3
Mar 202408280.301.55$127
Feb 2024025676.091.78$457
Jan 2024062273.023.30$2,051
Dec 202335695971.262.61$27,872
Nov 20233791,08277.892.81$32,558
Oct 202319471885.443.09$18,792
Sep 202338285889.042.74$36,360
Aug 202319070880.522.67$17,191
Jul 202337462574.852.64$29,645
Jun 20237651,02068.962.26$55,058
May 202356748670.622.23$41,124
Apr 202319619978.122.24$15,757
Mar 202338754772.852.39$29,502
Feb 202356949275.112.47$43,951
Jan 202319187376.533.39$17,575
Dec 202219635676.415.73$17,016
Nov 202239151185.005.65$36,120
Oct 202218031887.185.86$17,557
Sep 202237384.888.16$851
Aug 20220494.529.13$37
Jul 202204101.587.54$30
Jun 202200115.097.98$0
May 202206109.378.43$51
Apr 2022047104.226.84$321
Mar 2022195319108.885.08$22,851
Feb 202257590791.054.86$56,761
Jan 202218838981.844.54$17,151
Dec 20210871.323.90$31
Nov 202118461377.435.24$17,457
Oct 2021047379.795.71$2,703
Sep 202119548169.865.35$16,196
Aug 202118364266.024.22$14,791
Jul 202119169070.783.98$16,267
Jun 202117668069.493.38$14,529
May 202119164563.483.02$14,071
Apr 202118841560.362.76$12,492
Mar 202119551461.302.72$13,350
Feb 202118735557.805.55$12,778
Jan 2021053850.412.81$1,512
Dec 202017255444.642.68$9,160
Nov 202034063838.772.71$14,909
Oct 202017261736.972.48$7,888
Sep 202019359237.091.99$8,337
Aug 202019180239.982.39$9,549
Jul 202018761838.371.83$8,303
Jun 2020064034.901.69$1,082
May 202018863416.921.81$4,332
Apr 202016159214.751.80$3,443
Mar 202015464730.341.86$5,873
Feb 202016966549.881.98$9,747
Jan 202017666657.252.09$11,471
Dec 201919063359.012.30$12,671
Nov 2019040355.302.75$1,109
Oct 201917558053.472.42$10,760
Sep 201916160555.052.66$10,471
Aug 201934579553.112.30$20,155
Jul 201916870656.272.46$11,190
Jun 201918572552.782.49$11,570
May 2019038458.482.74$1,052
Apr 201915383562.632.75$11,879
Mar 201916877256.803.06$11,906
Feb 201932079950.852.79$18,503
Jan 201917774746.033.23$10,559
Dec 201818278446.594.19$11,761
Nov 201817481552.934.24$12,663
Oct 201817383761.443.40$13,473
Sep 201836278959.543.11$24,006
Aug 201817078159.403.07$12,493
Jul 201833773165.142.93$24,095
Jun 2018054560.183.08$1,677
May 201846568765.382.90$32,395
Apr 2018060763.842.90$1,761
Mar 201819662961.222.79$13,752
Feb 2018045861.782.77$1,267
Jan 201837970262.874.01$26,642
Dec 201721177057.272.92$14,334
Nov 201719690655.423.12$13,688
Oct 201718864549.292.98$11,191
Sep 2017041747.523.09$1,287
Aug 201718655445.373.00$10,103
Jul 201718881543.873.09$10,764
Jun 201718884442.493.09$10,594
May 201719390445.373.26$11,707
Apr 201717582847.933.21$11,047
Mar 201717083846.772.98$10,451
Feb 201719369650.452.95$11,792
Jan 201718082649.413.42$11,718
Dec 20161681,01148.763.72$11,955
Nov 201617791242.492.64$9,932
Oct 20161901,02446.193.09$11,941
Sep 20161791,00841.553.10$10,563
Aug 201618297941.442.92$10,405
Jul 201637894541.622.92$18,496
Jun 20165421,00445.352.69$27,276
May 201618855742.521.99$9,103
Apr 201617563436.561.99$7,660
Mar 20161791,42233.011.79$8,460
Feb 201618762926.472.06$6,248
Jan 201618553427.352.36$6,322
Dec 201518954032.362.00$7,197
Nov 2015051138.792.17$1,108
Oct 201518251843.552.43$9,183
Sep 2015031942.992.76$880
Aug 20150040.162.87$0
Jul 2015010848.152.95$318
Jun 20153751,17756.152.88$24,449
May 20151921,11655.212.96$13,899
Apr 20153841,20949.822.71$22,403
Mar 20153801,24742.892.93$19,958
Feb 20151871,01744.662.98$11,378
Jan 20153711,15843.433.10$19,703
Dec 20143771,12754.693.59$24,666
Nov 20141891,11770.464.25$18,066
Oct 20141851,22978.303.90$19,280
Sep 20141921,26686.164.05$21,664
Aug 20143761,30189.394.04$38,860
Jul 20141861,29596.564.18$23,373
Jun 20143831,34098.164.74$43,943
May 20141831,36694.734.73$23,792
Apr 20143891,30195.944.81$43,577
Mar 20141901,37395.895.06$25,162
Feb 20143781,22297.406.19$44,384
Jan 20141891,42190.404.86$23,993
Dec 20133941,39691.824.35$42,256
Nov 20133811,16588.853.74$38,207
Oct 20131821,24297.423.78$22,424
Sep 20131941,227104.113.72$24,759
Aug 20131851,170104.253.52$23,408
Jul 20133731,466102.523.72$43,690
Jun 20133821,50894.403.93$41,992
May 20135711,70194.834.15$61,206
Apr 201319160793.964.28$20,546
Mar 201318896193.623.91$21,361
Feb 20131921,08291.233.42$21,217
Jan 20133831,05391.603.42$38,684
Dec 20123721,18286.773.42$36,321
Nov 20123771,17786.953.62$37,047
Oct 20121881,18489.383.40$20,829
Sep 20121931,33494.672.92$22,164
Aug 20121871,52692.662.91$21,765
Jul 20123681,58885.133.02$36,125
Jun 20121891,51779.822.52$18,907
May 20123731,55191.612.49$38,030
Apr 20121821,549101.652.00$21,593
Mar 20123841,572105.052.22$43,832
Feb 20121881,427101.102.57$22,675
Jan 20123831,60498.092.73$41,954
Dec 20113841,49896.873.24$42,051
Nov 20111911,51895.723.31$23,309
Oct 20113731,57084.983.65$37,426
Sep 20111871,58683.623.99$21,958
Aug 20113681,67983.404.15$37,658
Jul 20113741,70594.144.52$42,910
Jun 20113741,65192.904.64$42,405
May 20111921,71498.134.40$26,391
Apr 20113771,433105.964.33$46,157
Mar 20111921,62196.364.06$25,078
Feb 20113841,50785.644.18$39,185
Jan 20113821,70386.504.59$40,858
Dec 20103721,76585.734.35$39,565
Nov 20103821,73780.843.80$37,473
Oct 20103781,67178.103.51$35,385
Sep 20103781,75572.633.98$34,438
Aug 20103741,69573.684.42$35,047
Jul 20101911,78772.554.74$22,321
Jun 20103821,78870.364.91$35,657
May 20107451,76571.124.24$60,460
Apr 20101901,34581.694.12$21,066
Mar 20103821,64078.394.39$37,142
Feb 20103871,44073.585.44$36,312
Jan 20103841,03874.365.96$34,745
Dec 20093731,03271.445.48$32,306
Nov 20093571,42674.593.75$31,978
Oct 20095631,74872.544.11$48,025
Sep 20093841,46165.543.06$29,645
Aug 20093811,69667.423.22$31,146
Jul 20095612,05561.133.46$41,413
Jun 20095641,86166.163.90$44,563
May 20091811,16154.743.93$14,466
Apr 20095621,75346.773.59$32,574
Mar 20093761,84142.144.06$23,317
Feb 20093771,67732.814.63$20,139
Jan 20093712,05735.865.37$24,352
Dec 20085632,23637.105.98$34,252
Nov 20083821,97855.496.86$34,767
Oct 20087552,32575.246.92$72,900
Sep 200801,626101.767.88$12,808
Aug 20085441,974114.228.48$78,881
Jul 20087222,354131.0811.39$121,450
Jun 20081861,418131.3313.03$42,908
May 20085502,339123.1711.57$94,816
Apr 20085412,238110.3110.45$83,076
Mar 20083651,750101.909.66$54,106
Feb 20081,0202,84992.538.77$119,368
Jan 20088842,52790.388.21$100,632
Dec 20070088.337.30$0
Nov 200708291.677.29$598
Oct 2007045482.856.92$3,143
Sep 20075372,26875.846.24$54,888
Aug 20073602,39069.066.39$40,129
Jul 20075492,59170.906.39$55,475
Jun 20077392,77862.007.55$66,788
May 20075523,14058.747.85$57,062
Apr 20075513,04159.617.81$56,581
Mar 20077303,69456.927.30$68,525
Feb 20071,1203,32555.108.22$89,030
Jan 20071791,42850.306.73$18,610
Dec 20063691,27156.656.92$29,697
Nov 20063691,48654.207.62$31,319
Oct 20065522,39654.906.01$44,714
Sep 20067192,80160.085.04$57,307
Aug 20065423,23168.717.34$60,956
Jul 20067233,04769.376.34$69,481
Jun 20065372,96366.286.38$54,508
May 20067313,06366.016.42$67,933
Apr 20067252,80064.397.36$67,292
Mar 20061,1092,74956.707.08$82,351
Feb 20061,0672,30757.597.75$79,330
Jan 20065511,41760.598.93$46,044
Dec 20057361,95154.9413.42$66,609
Nov 20057312,29054.6910.59$64,226
Oct 20057252,53158.3413.80$77,214
Sep 20055372,47761.4512.08$62,918
Aug 20059052,56461.519.80$80,786
Jul 20055342,43855.697.84$48,861
Jun 20057272,54852.337.38$56,851
May 20051,0955,42245.226.65$85,578
Apr 20051,2646,15449.207.36$107,485
Mar 20051,4845,95050.377.15$117,321
Feb 20051,4564,26145.226.31$92,735
Jan 20051,2984,09743.166.32$81,924
Dec 20041,6524,97139.866.75$99,408
Nov 20041,2767,58345.286.33$105,781
Oct 20045185,44849.706.52$61,239
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
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 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 1995195016.58$3,233
Jan 19954015.92$64
Dec 19946315.03$90
Nov 19941311115.90$207
Oct 19941806715.58$2,804
Sep 1994612715.29$92
Aug 1994513816.13$81
Jul 199412914617.56$2,265
Jun 1994314717.09$51
May 199413014015.88$2,064
Apr 1994612714.14$85
Mar 199415815112.46$1,969
Feb 1994613912.50$75
Jan 19949516612.66$1,203
Dec 19937220312.33$888
Nov 19936719914.49$971
Oct 19938623315.85$1,363
Sep 19939926215.03$1,488
Aug 1993857715.66$1,331
Jul 19931384715.46$2,133
Jun 1993989516.79$1,645
May 19931066117.68$1,874
Apr 199310719518.05$1,931
Mar 1993220318.14$36
Feb 19936220317.90$1,110
Jan 199311122016.93$1,879

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       549 Mcf  × $  3.05 =     $1,672

────────────────────────────────────────────────────
Month total                                   $1,672

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/17124 is the state's own key, not one this site invented.