LORI LEE

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 18266District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$11.0 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
OilDisposition119,979 bbl$7,446,281
Casinghead gasProduction678,290 Mcf$3,524,484
Total$10,970,765

58,344 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 (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 30.2378, -96.6595. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23780, -96.65950 · 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
10,620 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 10,620 ft.

Completions filed
Jul 2005
1 of 1 wells

1 well

42-47730599110,620 ftJul 2005

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 20250360.553.23$10
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250570.884.34$22
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240571.372.28$11
Sep 2024040069.612.36$946
Aug 2024014675.632.06$301
Jul 202406479.932.15$137
Jun 2024048078.082.63$1,264
May 2024049678.812.20$1,090
Apr 2024048084.451.66$796
Mar 2024015380.301.55$236
Feb 20240076.091.78$0
Jan 202409673.023.30$317
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202317332089.042.74$16,279
Aug 2023049680.522.67$1,326
Jul 20231831,85974.852.64$18,609
Jun 2023064268.962.26$1,450
May 2023349670.622.23$1,317
Apr 2023230478.122.24$837
Mar 202301672.852.39$38
Feb 2023044875.112.47$1,105
Jan 2023044876.533.39$1,518
Dec 20220076.415.73$0
Nov 202211685.005.65$175
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220294.529.13$18
Jul 2022051101.587.54$385
Jun 202215096115.097.98$18,029
May 2022080109.378.43$675
Apr 20220320104.226.84$2,188
Mar 20220496108.885.08$2,518
Feb 2022030491.054.86$1,477
Jan 202201681.844.54$73
Dec 20215531,23771.323.90$44,263
Nov 20211145277.435.24$3,219
Oct 202116674279.795.71$17,485
Sep 20215472,50069.865.35$51,591
Aug 20217062,92366.024.22$58,947
Jul 20218932,38970.783.98$72,720
Jun 20211,8244,85569.493.38$143,163
May 202117729863.483.02$12,135
Apr 20213611,52660.362.76$25,999
Mar 20215411,69161.302.72$37,758
Feb 20211811,07757.805.55$16,437
Jan 20215342,06350.412.81$32,717
Dec 20207282,95244.642.68$40,396
Nov 202035793438.772.71$16,369
Oct 20203551,02536.972.48$15,665
Sep 202016762237.091.99$7,432
Aug 2020049939.982.39$1,190
Jul 2020051938.371.83$947
Jun 202016852434.901.69$6,749
May 2020049616.921.81$900
Apr 202017848914.751.80$3,508
Mar 2020050030.341.86$928
Feb 202016646449.881.98$9,199
Jan 2020049657.252.09$1,039
Dec 201917549659.012.30$11,470
Nov 2019048055.302.75$1,320
Oct 201916749653.472.42$10,129
Sep 2019048055.052.66$1,275
Aug 201917149653.112.30$10,225
Jul 2019069256.272.46$1,702
Jun 20193441,07552.782.49$20,834
May 201917695058.482.74$12,896
Apr 20191851,13962.632.75$14,720
Mar 20191841,32656.803.06$14,512
Feb 20193661,33950.852.79$22,350
Jan 20193651,70846.033.23$22,315
Dec 20181831,52646.594.19$14,913
Nov 20185381,77052.934.24$35,976
Oct 20181891,83061.443.40$17,831
Sep 20181781,74259.543.11$16,012
Aug 20183611,27859.403.07$25,362
Jul 201818897965.142.93$15,117
Jun 20183521,23960.183.08$24,996
May 20181681,33565.382.90$14,856
Apr 201818994563.842.90$14,807
Mar 20181791,31561.222.79$14,623
Feb 20181981,02861.782.77$15,076
Jan 20181961,06762.874.01$16,600
Dec 20171981,26557.272.92$15,035
Nov 20173901,26355.423.12$25,552
Oct 20171931,21449.292.98$13,135
Sep 20171891,41947.523.09$13,362
Aug 201717989045.373.00$10,795
Jul 20171891,52843.873.09$13,009
Jun 20171921,56842.493.09$12,999
May 20171901,47145.373.26$13,421
Apr 20171941,57947.933.21$14,370
Mar 20173821,65146.772.98$22,792
Feb 20171871,45550.452.95$13,730
Jan 20173892,03649.413.42$26,181
Dec 20161941,76348.763.72$16,023
Nov 20161851,55642.492.64$11,975
Oct 20161932,28146.193.09$15,964
Sep 20161861,63041.553.10$12,782
Aug 20163781,60941.442.92$20,370
Jul 20161821,47541.622.92$11,888
Jun 20163811,38245.352.69$20,990
May 20163681,57442.521.99$18,781
Apr 20161931,40236.561.99$9,848
Mar 20161951,55133.011.79$9,219
Feb 20163761,63426.472.06$13,325
Jan 20161891,37227.352.36$8,413
Dec 20153721,64132.362.00$15,322
Nov 20151871,24138.792.17$9,943
Oct 20153821,70043.552.43$20,761
Sep 201537833742.992.76$17,180
Aug 201518996940.162.87$10,374
Jul 20151921,58848.152.95$13,922
Jun 20155671,97956.152.88$37,542
May 20151941,69255.212.96$15,711
Apr 20153861,85749.822.71$24,257
Mar 20153801,90242.892.93$21,880
Feb 20153881,59444.662.98$22,072
Jan 20151901,95143.433.10$14,301
Dec 20141881,12054.693.59$14,304
Nov 20143751,64470.464.25$33,413
Oct 20141951,61178.303.90$21,553
Sep 20143791,67586.164.05$39,431
Aug 20143711,71389.394.04$40,076
Jul 20143871,70896.564.18$44,507
Jun 20141911,62998.164.74$26,465
May 20143871,69094.734.73$44,648
Apr 20143851,74895.944.81$45,343
Mar 20141881,81095.895.06$27,180
Feb 20143831,66097.406.19$47,583
Jan 20143961,71890.404.86$44,149
Dec 20131931,58291.824.35$24,610
Nov 20131951,44488.853.74$22,724
Oct 20133851,84497.423.78$44,476
Sep 20131931,852104.113.72$26,978
Aug 20133791,972104.253.52$46,457
Jul 20135572,104102.523.72$64,926
Jun 20133862,11094.403.93$44,738
May 20133882,65894.834.15$47,822
Apr 20131661,47893.964.28$21,927
Mar 20133882,18093.623.91$44,855
Feb 20133881,98891.233.42$42,196
Jan 20135882,55591.603.42$62,599
Dec 20121841,84886.773.42$22,286
Nov 20123802,28786.953.62$41,331
Oct 20125502,45489.383.40$57,502
Sep 20123732,49594.672.92$42,593
Aug 20123822,58592.662.91$42,914
Jul 20125532,61485.133.02$54,973
Jun 20123842,59179.822.52$37,178
May 20125442,73991.612.49$56,651
Apr 20123572,705101.652.00$41,690
Mar 20125292,886105.052.22$61,984
Feb 20125872,708101.102.57$66,306
Jan 20123742,93098.092.73$44,697
Dec 20115833,10696.873.24$66,538
Nov 20113752,80695.723.31$45,186
Oct 20115702,96884.983.65$59,267
Sep 20113732,96083.623.99$42,988
Aug 20115613,14683.404.15$59,841
Jul 20115633,29994.144.52$67,903
Jun 20115613,25592.904.64$67,220
May 20115733,50098.134.40$71,645
Apr 20115453,495105.964.33$72,893
Mar 20115583,89396.364.06$69,564
Feb 20115743,75685.644.18$64,857
Jan 20117714,01186.504.59$85,097
Dec 20105854,00285.734.35$67,552
Nov 20107723,76680.843.80$76,702
Oct 20107534,04378.103.51$72,996
Sep 20107724,11972.633.98$72,462
Aug 20107564,23373.684.42$74,409
Jul 20107603,96072.554.74$73,895
Jun 20109634,17570.364.91$88,258
May 20107614,88271.124.24$74,799
Apr 20109664,91681.694.12$99,180
Mar 20101,3406,48578.394.39$133,503
Feb 20101,8688,67373.585.44$184,649
Jan 201001,25574.365.96$7,485
Dec 20093883,46771.445.48$46,731
Nov 20093862,58674.593.75$38,493
Oct 20095792,89472.544.11$53,896
Sep 20093722,81865.543.06$33,017
Aug 20093742,95067.423.22$34,710
Jul 20095503,16961.133.46$44,601
Jun 20093783,33466.163.90$37,994
May 20097794,42554.743.93$60,014
Apr 20097573,53946.773.59$48,101
Mar 20091971,12442.144.06$12,864
Feb 200901,39532.814.63$6,463
Jan 20093941,97435.865.37$24,731
Dec 20085783,06037.105.98$39,734
Nov 20085862,78055.496.86$51,589
Oct 20085653,48875.246.92$66,654
Sep 20083862,479101.767.88$58,807
Aug 20085813,408114.228.48$95,272
Jul 20085803,410131.0811.39$114,864
Jun 20085772,959131.3313.03$114,341
May 20083892,976123.1711.57$82,358
Apr 20083903,013110.3110.45$74,521
Mar 20083883,798101.909.66$76,241
Feb 20083933,68992.538.77$68,719
Jan 20087644,63490.388.21$107,076
Dec 20075874,02288.337.30$81,218
Nov 20075843,84991.677.29$81,601
Oct 20075063,97382.856.92$69,423
Sep 20077693,99675.846.24$83,273
Aug 20075623,99969.066.39$64,357
Jul 20077694,64270.906.39$84,175
Jun 20075713,90362.007.55$64,864
May 20077764,24158.747.85$78,858
Apr 20077804,11859.617.81$78,638
Mar 20077763,76356.927.30$71,647
Feb 20077963,37955.108.22$71,621
Jan 20075904,44050.306.73$59,544
Dec 20061,0004,60256.656.92$88,489
Nov 20067984,79354.207.62$79,762
Oct 20067915,18154.906.01$74,583
Sep 20069595,38660.085.04$84,747
Aug 20069715,89168.717.34$109,957
Jul 20069776,03169.376.34$106,028
Jun 20069435,88466.286.38$100,065
May 20069816,70666.016.42$107,842
Apr 20061,3687,09764.397.36$140,323
Mar 20061,1917,33056.707.08$119,448
Feb 20061,1916,79057.597.75$121,220
Jan 20061,3868,17160.598.93$156,972
Dec 20051,5699,58054.9413.42$214,720
Nov 20051,75410,39154.6910.59$205,950
Oct 20052,36313,94258.3413.80$330,198
Sep 20052,45613,85261.4512.08$318,240
Aug 20054,06620,86161.519.80$454,472
Jul 20055,21721,79555.697.84$461,487
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 200575049.207.36$3,690
Mar 200508650.377.15$615
Feb 2005021145.226.31$1,332
Jan 20050043.166.32$0
Dec 200418946639.866.75$10,680
Nov 2004050045.286.33$3,165
Oct 200417674149.706.52$13,575
Sep 200418565043.245.28$11,434
Aug 2004059142.375.55$3,280
Jul 200406138.286.08$371
Jun 200418911236.106.43$7,543
May 2004012337.486.49$799
Apr 2004014934.475.86$873
Mar 200418635834.365.53$8,371
Feb 200401632.455.51$88
Jan 20041575532.036.30$5,375
Dec 200305030.266.30$315
Nov 2003010128.804.60$464
Oct 200309128.174.76$433
Sep 200303426.314.75$161
Aug 200301029.765.13$51
Jul 200309229.415.17$476
Jun 20030028.565.98$0
May 2003011426.595.97$681
Apr 2003020226.675.41$1,092
Mar 200318426331.146.10$7,333
Feb 2003019933.487.93$1,577
Jan 2003024930.315.58$1,390
Dec 2002028526.914.85$1,383
Nov 200219020024.664.14$5,513
Oct 2002025026.464.23$1,057
Sep 2002029627.443.64$1,076
Aug 200218731425.963.16$5,848
Jul 2002032924.583.06$1,007
Jun 2002042623.733.34$1,422
May 200218746524.663.58$6,278
Apr 2002050723.653.51$1,781
Mar 200218942722.003.10$5,483
Feb 2002043018.222.38$1,022
Jan 200218054317.172.38$4,381
Dec 2001040416.932.36$955
Nov 2001050418.072.41$1,212
Oct 2001047419.782.53$1,199
Sep 200118530124.262.25$5,166
Aug 2001049224.873.05$1,502
Jul 2001060423.933.20$1,931
Jun 200118244724.563.82$6,179
May 2001054425.524.31$2,343
Apr 200119057624.685.34$7,762
Mar 2001050524.545.38$2,715
Feb 200119043127.755.77$7,758
Jan 2001033727.478.40$2,830
Dec 200009526.889.12$867
Nov 2000029432.215.66$1,663
Oct 2000054231.235.15$2,789
Sep 200019341931.875.19$8,324
Aug 2000060829.644.54$2,761
Jul 200018564428.534.09$7,912
Jun 2000057829.304.40$2,542
May 200018862227.263.68$7,414
Apr 2000047524.513.12$1,480
Mar 200018457728.422.86$6,879
Feb 2000057327.622.73$1,562
Jan 200018065125.272.48$6,163
Dec 1999064824.282.42$1,571
Nov 199919370523.192.43$6,192
Oct 1999036320.982.80$1,018
Sep 199919131221.752.62$4,971
Aug 199919046619.262.88$4,999
Jul 1999044117.892.37$1,046
Jun 199935641415.942.36$6,653
May 1999045315.792.32$1,051
Apr 1999051315.102.21$1,133
Mar 199919162712.471.84$3,534
Feb 199905039.981.82$914
Jan 199919659610.381.90$3,167
Dec 19981956239.201.77$2,899
Nov 1998166710.892.19$1,469
Oct 199819677612.421.97$3,962
Sep 199819965112.592.08$3,861
Aug 19981564211.301.91$1,394
Jul 199819054911.742.24$3,459
Jun 1998556911.242.24$1,329
May 1998559312.622.21$1,371
Apr 199820265013.042.51$4,263
Mar 19981967912.802.31$1,811
Feb 199819964513.952.30$4,259
Jan 1998868414.702.15$1,591
Dec 199718865916.322.41$4,657
Nov 1997662318.193.09$2,033
Oct 199721064119.253.15$6,062
Sep 1997860617.742.95$1,933
Aug 1997963117.862.55$1,773
Jul 199719969517.582.25$5,060
Jun 19971378217.242.26$1,989
May 199720063518.972.31$5,260
Apr 199719072117.882.08$4,899
Mar 19971043618.951.94$1,035
Feb 1997851920.492.21$1,309
Jan 199719975923.483.54$7,359
Dec 199619478523.32$4,524
Nov 1996783121.97$154
Oct 199618285323.31$4,242
Sep 1996883422.22$178
Aug 199617288220.26$3,485
Jul 199619492919.55$3,793
Jun 199620782418.73$3,877
May 19962192719.43$408
Apr 199619089821.51$4,087
Mar 199619789119.38$3,818
Feb 199619183116.98$3,243
Jan 19961498917.07$239
Dec 199518897517.19$3,232
Nov 19951671,00716.00$2,672
Oct 199520194015.43$3,101
Sep 199571,00616.18$113
Aug 19951951,05715.92$3,104
Jul 19951911,51015.24$2,911
Jun 19951861,21216.41$3,052
May 1995101,28017.56$176
Apr 19951921,23617.73$3,404
Mar 19951971,20516.44$3,239
Feb 19951891,07416.58$3,134
Jan 19951881,24815.92$2,993
Dec 19941841,55315.03$2,766
Nov 19941731,42115.90$2,751
Oct 19941921,39015.58$2,991
Sep 19941801,29915.29$2,752
Aug 19941871,33516.13$3,016
Jul 19941671,36917.56$2,933
Jun 19941761,23217.09$3,008
May 19941841,16615.88$2,922
Apr 19941871,22314.14$2,644
Mar 19941881,35912.46$2,342
Feb 19941831,33912.50$2,288
Jan 19941921,51912.66$2,431
Dec 19931861,67612.33$2,293
Nov 19931931,30014.49$2,797
Oct 19933621,50815.85$5,738
Sep 19933741,47115.03$5,621
Aug 19931861,01215.66$2,913
Jul 19933691,04315.46$5,705
Jun 19931851,15916.79$3,106
May 19933721,78517.68$6,577
Apr 19931911,53418.05$3,448
Mar 19933791,71118.14$6,875
Feb 19931891,85817.90$3,383
Jan 19931871,85816.93$3,166

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 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 60.55 =         $0
Casinghead gas         3 Mcf  × $  3.23 =        $10

────────────────────────────────────────────────────
Month total                                      $10

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/18266 is the state's own key, not one this site invented.