WESSELS UNIT

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 18212District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.7 M
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
OilDisposition68,410 bbl$1,306,276
Casinghead gasProduction291,067 Mcf$411,237
Total$1,717,513

210,277 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 29.9415, -96.8103. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94148, -96.81031 · 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
14,233 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 14,233 ft.

Completions filed
Feb 1995
1 of 1 wells

1 well

42-14931841114,233 ftFeb 1995

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 20134710891.603.42$4,675
Dec 2012016586.773.42$564
Nov 2012016286.953.62$587
Oct 2012016489.383.40$558
Sep 2012015394.672.92$447
Aug 2012016792.662.91$486
Jul 2012016785.133.02$504
Jun 2012012579.822.52$315
May 2012014191.612.49$351
Apr 20120160101.652.00$319
Mar 20120145105.052.22$322
Feb 20120155101.102.57$398
Jan 201219215698.092.73$19,260
Dec 2011014496.873.24$467
Nov 2011012795.723.31$421
Oct 2011014484.983.65$525
Sep 2011013783.623.99$546
Aug 2011014183.404.15$585
Jul 2011012194.144.52$547
Jun 2011012792.904.64$589
May 2011015398.134.40$674
Apr 2011087105.964.33$377
Mar 201105696.364.06$227
Feb 201106385.644.18$263
Jan 201105486.504.59$248
Dec 2010010685.734.35$461
Nov 2010016580.843.80$626
Oct 2010016378.103.51$572
Sep 201007672.633.98$302
Aug 2010017273.684.42$760
Jul 2010020972.554.74$990
Jun 2010016770.364.91$820
May 2010019071.124.24$805
Apr 2010015381.694.12$631
Mar 2010023178.394.39$1,014
Feb 2010017373.585.44$942
Jan 2010018974.365.96$1,127
Dec 2009016771.445.48$916
Nov 2009023574.593.75$882
Oct 2009023172.544.11$949
Sep 2009013265.543.06$405
Aug 2009026667.423.22$856
Jul 2009020761.133.46$717
Jun 2009016766.163.90$650
May 2009040554.743.93$1,590
Apr 2009025046.773.59$897
Mar 2009036142.144.06$1,465
Feb 2009023332.814.63$1,079
Jan 2009029235.865.37$1,568
Dec 2008058137.105.98$3,473
Nov 20081399555.496.86$8,365
Oct 2008023175.246.92$1,599
Sep 200817475101.767.88$5,472
Aug 20080133114.228.48$1,128
Jul 20085486131.0811.39$6,191
Jun 20080393131.3313.03$5,122
May 2008189139123.1711.57$24,888
Apr 20082416110.3110.45$4,570
Mar 20080149101.909.66$1,440
Feb 2008036092.538.77$3,157
Jan 2008224690.388.21$2,199
Dec 2007135288.337.30$2,659
Nov 2007127991.677.29$2,126
Oct 2007017282.856.92$1,191
Sep 200717028075.846.24$14,641
Aug 2007014769.066.39$939
Jul 2007023770.906.39$1,514
Jun 2007124262.007.55$1,889
May 2007023358.747.85$1,828
Apr 200717733059.617.81$13,127
Mar 2007142156.927.30$3,131
Feb 2007019755.108.22$1,619
Jan 2007022050.306.73$1,480
Dec 200613326156.656.92$9,340
Nov 2006018554.207.62$1,409
Oct 2006020554.906.01$1,233
Sep 2006018260.085.04$917
Aug 2006017368.717.34$1,270
Jul 2006024069.376.34$1,522
Jun 2006022066.286.38$1,404
May 20064522466.016.42$4,410
Apr 2006038564.397.36$2,834
Mar 2006021256.707.08$1,502
Feb 20065942457.597.75$6,684
Jan 2006036560.598.93$3,261
Dec 2005129654.9413.42$4,026
Nov 2005042554.6910.59$4,500
Oct 200518123258.3413.80$13,760
Sep 2005048661.4512.08$5,870
Aug 2005039861.519.80$3,899
Jul 2005024455.697.84$1,914
Jun 2005056352.337.38$4,156
May 2005143645.226.65$2,945
Apr 2005161749.207.36$4,591
Mar 200516879650.377.15$14,157
Feb 2005138245.226.31$2,456
Jan 2005032243.166.32$2,036
Dec 200418353339.866.75$10,893
Nov 2004030745.286.33$1,943
Oct 200418719149.706.52$10,538
Sep 2004015343.245.28$808
Aug 2004039542.375.55$2,193
Jul 2004057038.286.08$3,468
Jun 2004032536.106.43$2,091
May 200417641637.486.49$9,298
Apr 2004039734.475.86$2,326
Mar 2004153334.365.53$2,982
Feb 2004031332.455.51$1,725
Jan 2004156432.036.30$3,585
Dec 2003048130.266.30$3,031
Nov 200318048528.804.60$7,413
Oct 2003054228.174.76$2,580
Sep 2003057026.314.75$2,707
Aug 200317140229.765.13$7,151
Jul 2003043329.415.17$2,239
Jun 2003169728.565.98$4,199
May 200318654426.595.97$8,195
Apr 2003053526.675.41$2,893
Mar 200317430931.146.10$7,302
Feb 2003061733.487.93$4,890
Jan 200318419730.315.58$6,677
Dec 2002131326.914.85$1,546
Nov 200217733524.664.14$5,751
Oct 2002153726.464.23$2,298
Sep 200218935827.443.64$6,488
Aug 2002129025.963.16$944
Jul 200217950024.583.06$5,931
Jun 2002043223.733.34$1,442
May 200217539124.663.58$5,717
Apr 2002152723.653.51$1,875
Mar 200218162422.003.10$5,918
Feb 2002052518.222.38$1,247
Jan 2002172217.172.38$1,732
Dec 200114174116.932.36$4,139
Nov 2001187018.072.41$2,111
Oct 2001068419.782.53$1,730
Sep 200111,10524.262.25$2,512
Aug 200117884024.873.05$6,992
Jul 200111,27623.933.20$4,103
Jun 200131,35924.563.82$5,271
May 20011791,65625.524.31$11,701
Apr 200111,61324.685.34$8,631
Mar 20011851,69324.545.38$13,642
Feb 200141,68027.755.77$9,800
Jan 20011881,90427.478.40$21,156
Dec 20001811,94926.889.12$22,645
Nov 20001851,73332.215.66$15,764
Oct 20001792,35131.235.15$17,687
Sep 20001842,09331.875.19$16,719
Aug 20003522,02629.644.54$19,633
Jul 20003601,82628.534.09$17,739
Jun 200018769529.304.40$8,535
May 2000090027.263.68$3,312
Apr 200018671824.513.12$6,796
Mar 200018064328.422.86$6,954
Feb 2000022827.622.73$622
Jan 200018265425.272.48$6,221
Dec 1999030724.282.42$744
Nov 1999017323.192.43$421
Oct 199918559720.982.80$5,555
Sep 1999020621.752.62$539
Aug 19993968219.262.88$7,863
Jul 1999133017.892.37$801
Jun 1999110315.942.36$259
May 199909615.792.32$223
Apr 199926613515.102.21$4,315
Mar 1999010312.471.84$189
Feb 19990739.981.82$133
Jan 1999011610.381.90$220
Dec 19981991209.201.77$2,044
Nov 1998112210.892.19$278
Oct 199839212.421.97$218
Sep 1998117512.592.08$295
Aug 199808911.301.91$170
Jul 1998611611.742.24$330
Jun 19981769411.242.24$2,189
May 199848612.622.21$240
Apr 199878713.042.51$309
Mar 19981925012.802.31$821
Feb 1998910513.952.30$367
Jan 199819510114.702.15$3,084
Dec 199788816.322.41$343
Nov 199764918.193.09$260
Oct 19971438019.253.15$1,466
Sep 199719348917.742.95$4,869
Aug 199719247217.862.55$4,635
Jul 1997059217.582.25$1,330
Jun 19971370117.242.26$1,806
May 199717956718.972.31$4,705
Apr 199718745217.882.08$4,285
Mar 19971049618.951.94$1,151
Feb 199719796720.492.21$6,170
Jan 19971891,23023.483.54$8,792
Dec 19961941,64023.32$4,524
Nov 19963721,74721.97$8,173
Oct 19963751,84223.31$8,741
Sep 199617970522.22$3,977
Aug 19963652,02320.26$7,395
Jul 19963832,66719.55$7,488
Jun 19965692,67418.73$10,657
May 19962012,15119.43$3,905
Apr 19965622,29921.51$12,089
Mar 19963842,57319.38$7,442
Feb 19965892,42516.98$10,001
Jan 19965792,71317.07$9,884
Dec 19955703,08817.19$9,798
Nov 19957473,69116.00$11,952
Oct 19959575,06715.43$14,767
Sep 19959775,66016.18$15,808
Aug 19951,3236,26715.92$21,062
Jul 19951,2866,76015.24$19,599
Jun 19951,8849,42516.41$30,916
May 19953,47113,58217.56$60,951
Apr 19954,24213,85317.73$75,211
Mar 199517,25449,46416.44$283,656
Feb 199519,65125,89116.58$325,814
Jan 19950015.92$0
Dec 1994634815.03$90
Nov 19941731,43615.90$2,751
Oct 199461,42415.58$93
Sep 199461,45515.29$92
Aug 19941841,63916.13$2,968
Jul 199451,65917.56$88
Jun 19941621,64917.09$2,769
May 199461,65715.88$95
Apr 19941911,64514.14$2,701
Mar 199451,56712.46$62
Feb 199461,38412.50$75
Jan 19941861,82212.66$2,355
Dec 199352,06612.33$62
Nov 199331,59314.49$43
Oct 19931741,92715.85$2,758
Sep 199341,86015.03$60
Aug 199332,23715.66$47
Jul 19931862,01215.46$2,876
Jun 199311,83416.79$17
May 199342,44317.68$71
Apr 19931762,39118.05$3,177
Mar 199302,70618.14$0
Feb 19931941,65817.90$3,473
Jan 199311,65816.93$17

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 2013 — as filed, then multipliedworked
Oil                   47 bbl  × $ 91.60 =     $4,305
Casinghead gas       108 Mcf  × $  3.42 =       $369

────────────────────────────────────────────────────
Month total                                   $4,675

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/18212 is the state's own key, not one this site invented.