OWENS

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 17226District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$860 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
OilDisposition34,442 bbl$763,229
Casinghead gasProduction72,414 Mcf$97,174
Total$860,403

43,445 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 (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 30.6019, -96.5675. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.60192, -96.56746 · 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
8,047 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 8,047 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-0513258218,047 ftJan 2008

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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
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 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008177090.388.21$15,997
Dec 2007020088.337.30$1,460
Nov 200719564491.677.29$22,572
Oct 2007090082.856.92$6,230
Sep 200719332175.846.24$16,642
Aug 20071863069.066.39$13,037
Jul 200702370.906.39$147
Jun 200702662.007.55$196
May 200701658.747.85$126
Apr 20071901259.617.81$11,420
Mar 200701556.927.30$110
Feb 20070555.108.22$41
Jan 20077950.306.73$413
Dec 20061821756.656.92$10,428
Nov 200601154.207.62$84
Oct 200601454.906.01$84
Sep 200601460.085.04$71
Aug 20061851568.717.34$12,821
Jul 20060769.376.34$44
Jun 200603066.286.38$192
May 2006189266.016.42$12,489
Apr 20060964.397.36$66
Mar 200601356.707.08$92
Feb 200601257.597.75$93
Jan 20061821460.598.93$11,152
Dec 200501054.9413.42$134
Nov 200503054.6910.59$318
Oct 20051761358.3413.80$10,447
Sep 20050161.4512.08$12
Aug 200501461.519.80$137
Jul 20051921255.697.84$10,787
Jun 20050952.337.38$66
May 200503145.226.65$206
Apr 20051891449.207.36$9,402
Mar 200501150.377.15$79
Feb 200501345.226.31$82
Jan 200501243.166.32$76
Dec 20041861739.866.75$7,529
Nov 200401545.286.33$95
Oct 200401649.706.52$104
Sep 20041851843.245.28$8,095
Aug 200401842.375.55$100
Jul 20041881738.286.08$7,300
Jun 20043731836.106.43$13,581
May 20041861437.486.49$7,062
Apr 200401234.475.86$70
Mar 20043731934.365.53$12,921
Feb 20041911632.455.51$6,286
Jan 20041861732.036.30$6,065
Dec 20031862230.266.30$5,767
Nov 20031861628.804.60$5,430
Oct 20031971828.174.76$5,635
Sep 20031841926.314.75$4,931
Aug 20031892229.765.13$5,737
Jul 20031891829.415.17$5,652
Jun 20031761728.565.98$5,128
May 20033591826.595.97$9,653
Apr 20031832026.675.41$4,989
Mar 20031892031.146.10$6,007
Feb 200311533.487.93$152
Jan 20031771830.315.58$5,465
Dec 200201726.914.85$83
Nov 20021901824.664.14$4,760
Oct 200201826.464.23$76
Sep 20021871727.443.64$5,193
Aug 200201725.963.16$54
Jul 200201424.583.06$43
Jun 20023671723.733.34$8,766
May 200201724.663.58$61
Apr 200201823.653.51$63
Mar 200201722.003.10$53
Feb 20023512018.222.38$6,443
Jan 200202217.172.38$52
Dec 2001018716.932.36$442
Nov 2001028618.072.41$688
Oct 2001015819.782.53$400
Sep 2001028824.262.25$648
Aug 200135934924.873.05$9,994
Jul 2001023223.933.20$742
Jun 2001045724.563.82$1,748
May 2001048425.524.31$2,085
Apr 2001035924.685.34$1,915
Mar 2001040924.545.38$2,199
Feb 200135435227.755.77$11,854
Jan 2001034427.478.40$2,889
Dec 2000025126.889.12$2,290
Nov 2000031832.215.66$1,799
Oct 2000027831.235.15$1,430
Sep 2000039331.875.19$2,038
Aug 2000055529.644.54$2,520
Jul 20000728.534.09$29
Jun 200036330429.304.40$11,973
May 2000042827.263.68$1,575
Apr 2000045924.513.12$1,430
Mar 2000039528.422.86$1,130
Feb 2000039327.622.73$1,072
Jan 200017544325.272.48$5,521
Dec 199917352124.282.42$5,463
Nov 1999037423.192.43$910
Oct 1999039220.982.80$1,099
Sep 1999036021.752.62$943
Aug 199935143119.262.88$8,000
Jul 1999054317.892.37$1,288
Jun 1999155315.942.36$1,322
May 199936444815.792.32$6,787
Apr 1999041315.102.21$912
Mar 1999041312.471.84$759
Feb 199903659.981.82$663
Jan 1999040110.381.90$762
Dec 19981844299.201.77$2,454
Nov 1998043710.892.19$955
Oct 199835746012.421.97$5,340
Sep 1998047112.592.08$981
Aug 1998049111.301.91$937
Jul 199836258911.742.24$5,568
Jun 1998060611.242.24$1,356
May 1998044312.622.21$977
Apr 1998035213.042.51$882
Mar 199818716512.802.31$2,775
Feb 199817814813.952.30$2,823
Jan 1998024214.702.15$521
Dec 199720141516.322.41$4,281
Nov 199736129918.193.09$7,490
Oct 1997039519.253.15$1,244
Sep 1997053917.742.95$1,593
Aug 199734159117.862.55$7,600
Jul 1997061717.582.25$1,386
Jun 199734660117.242.26$7,322
May 1997070818.972.31$1,634
Apr 199735764117.882.08$7,718
Mar 1997095618.951.94$1,854
Feb 19971861,11220.492.21$6,264
Jan 199737075823.483.54$11,371
Dec 1996075923.32$0
Nov 199617780621.97$3,889
Oct 19963641,03623.31$8,485
Sep 19961811,14222.22$4,022
Aug 19961791,04320.26$3,627
Jul 199635497719.55$6,921
Jun 199636092418.73$6,743
May 19963681,09019.43$7,150
Apr 1996097521.51$0
Mar 19963601,43019.38$6,977
Feb 199637184816.98$6,300
Jan 1996191617.07$17
Dec 19953641,32517.19$6,257
Nov 19953641,07316.00$5,824
Oct 19953581,20815.43$5,524
Sep 19951821,14316.18$2,945
Aug 19953491,26915.92$5,556
Jul 19953431,28315.24$5,227
Jun 19953581,17916.41$5,875
May 19953581,06417.56$6,286
Apr 19959111,29617.73$16,152
Mar 19953681,10316.44$6,050
Feb 199536770416.58$6,085
Jan 19957161,02315.92$11,399
Dec 19945471,02915.03$8,221
Nov 199435472215.90$5,629
Oct 199454483515.58$8,476
Sep 199435873915.29$5,474
Aug 199453814016.13$8,678
Jul 199471768717.56$12,591
Jun 19943441,20717.09$5,879
May 199470387215.88$11,164
Apr 19941,08216014.14$15,299
Mar 19941,07563412.46$13,395
Feb 19941,07959212.50$13,488
Jan 199436328912.66$4,596
Dec 1993421112.33$49
Nov 19930014.49$0
Oct 199336035315.85$5,706
Sep 19935341,28015.03$8,026
Aug 19935331,15315.66$8,347
Jul 19937021,20915.46$10,853
Jun 199371487416.79$11,988
May 19937421,01717.68$13,119
Apr 19937361,07018.05$13,285
Mar 199337251218.14$6,748
Feb 199335883417.90$6,408
Jan 19939381,41016.93$15,880

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 2008 — as filed, then multipliedworked
Oil                  177 bbl  × $ 90.38 =    $15,997
Casinghead gas         0 Mcf  × $  8.21 =         $0

────────────────────────────────────────────────────
Month total                                  $15,997

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/17226 is the state's own key, not one this site invented.