GARRETT, TERESA 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 18340District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$6.1 M
Jan 1993 – Dec 2024
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
384
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
OilDisposition77,961 bbl$2,098,659
Casinghead gasProduction1,550,393 Mcf$4,041,820
Total$6,140,479

561,287 Mcf of this lease's gas, across 46 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 30.2949, -96.7031. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.29488, -96.70313 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,414 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
1100.0%
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.
00.0%

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 9,414 ft.

Completions filed
May 1995
1 of 1 wells

1 well

42-2873060819,414 ftMay 1995Yes

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 (384)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

384 months

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 202448079.932.15$3,837
Jun 20245078.082.63$390
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 202250104.226.84$521
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 202002516.921.81$45
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 201901550.852.79$42
Jan 201902746.033.23$87
Dec 201803046.594.19$126
Nov 201803452.934.24$144
Oct 201802061.443.40$68
Sep 201801259.543.11$37
Aug 201805759.403.07$175
Jul 201806765.142.93$196
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201802263.842.90$64
Mar 20180761.222.79$20
Feb 201802161.782.77$58
Jan 201805362.874.01$212
Dec 20170257.272.92$6
Nov 201706455.423.12$200
Oct 201705749.292.98$170
Sep 20170047.523.09$0
Aug 20170845.373.00$24
Jul 20170043.873.09$0
Jun 201702142.493.09$65
May 201702945.373.26$95
Apr 201701847.933.21$58
Mar 201722146.772.98$156
Feb 201702350.452.95$68
Jan 201702249.413.42$75
Dec 2016011148.763.72$413
Nov 2016040142.492.64$1,060
Oct 2016079646.193.09$2,460
Sep 201619199341.553.10$11,015
Aug 20160041.442.92$0
Jul 201601,01241.622.92$2,959
Jun 2016060645.352.69$1,628
May 201601,00242.521.99$1,995
Apr 2016095136.561.99$1,893
Mar 20161901,10433.011.79$8,252
Feb 201601,18126.472.06$2,437
Jan 201601,40927.352.36$3,331
Dec 201501,40632.362.00$2,814
Nov 20151931,44338.792.17$10,614
Oct 201501,48843.552.43$3,611
Sep 201501,39842.992.76$3,856
Aug 20151761,22140.162.87$10,575
Jul 201501,39748.152.95$4,114
Jun 201501,35456.152.88$3,903
May 20151861,43155.212.96$14,498
Apr 201501,38649.822.71$3,751
Mar 201501,40742.892.93$4,129
Feb 20151871,24344.662.98$12,051
Jan 201501,37443.433.10$4,260
Dec 20141921,34854.693.59$15,342
Nov 201401,24970.464.25$5,311
Oct 201401,12378.303.90$4,381
Sep 2014055286.164.05$2,233
Aug 2014020889.394.04$839
Jul 201409596.564.18$397
Jun 2014031198.164.74$1,473
May 2014084094.734.73$3,970
Apr 201418781695.944.81$21,865
Mar 2014086695.895.06$4,379
Feb 2014081597.406.19$5,046
Jan 2014090290.404.86$4,384
Dec 2013087891.824.35$3,823
Nov 201318387188.853.74$19,516
Oct 2013090097.423.78$3,401
Sep 20130795104.113.72$2,956
Aug 20130455104.253.52$1,603
Jul 20130784102.523.72$2,915
Jun 201318273194.403.93$20,056
May 2013084894.834.15$3,518
Apr 2013044393.964.28$1,897
Mar 2013085393.623.91$3,338
Feb 201318476691.233.42$19,406
Jan 2013085291.603.42$2,914
Dec 2012086086.773.42$2,941
Nov 2012091786.953.62$3,324
Oct 201201,01689.383.40$3,454
Sep 20121831,01194.672.92$20,275
Aug 201201,08692.662.91$3,158
Jul 20121771,16685.133.02$18,590
Jun 201201,14879.822.52$2,892
May 201201,17491.612.49$2,921
Apr 201201,198101.652.00$2,392
Mar 20121731,309105.052.22$21,082
Feb 201201,222101.102.57$3,141
Jan 201201,33598.092.73$3,650
Dec 20111761,30096.873.24$21,261
Nov 201101,28395.723.31$4,248
Oct 20111751,32784.983.65$19,713
Sep 201101,26083.623.99$5,022
Aug 201101,30183.404.15$5,398
Jul 201101,20194.144.52$5,425
Jun 20111771,15292.904.64$21,788
May 201141,30898.134.40$6,154
Apr 201101,284105.964.33$5,564
Mar 20111771,34796.364.06$22,521
Feb 201101,25985.644.18$5,263
Jan 201101,47986.504.59$6,787
Dec 20101871,45185.734.35$22,340
Nov 201001,35880.843.80$5,154
Oct 201001,34478.103.51$4,716
Sep 20101831,31372.633.98$18,516
Aug 201001,38273.684.42$6,108
Jul 201001,15872.554.74$5,485
Jun 201001,01570.364.91$4,984
May 201019179571.124.24$16,951
Apr 2010058081.694.12$2,391
Mar 2010041578.394.39$1,821
Feb 201008273.585.44$446
Jan 2010065374.365.96$3,895
Dec 200901,58671.445.48$8,697
Nov 20091851,60074.593.75$19,802
Oct 200901,65272.544.11$6,790
Sep 20091831,63965.543.06$17,017
Aug 200901,70167.423.22$5,475
Jul 200901,52161.133.46$5,270
Jun 20091921,63766.163.90$19,079
May 20091891,74754.743.93$17,204
Apr 200901,70746.773.59$6,124
Mar 20091961,74442.144.06$15,338
Feb 200901,65732.814.63$7,677
Jan 20091931,82535.865.37$16,723
Dec 200801,83737.105.98$10,980
Nov 20081951,71655.496.86$22,593
Oct 200801,79375.246.92$12,411
Sep 20081581,367101.767.88$26,846
Aug 200802,037114.228.48$17,280
Jul 20081931,873131.0811.39$46,631
Jun 200801,785131.3313.03$23,263
May 20081921,682123.1711.57$43,117
Apr 20080649110.3110.45$6,785
Mar 20081956,163101.909.66$79,430
Feb 200806,00492.538.77$52,659
Jan 20081943,29290.388.21$44,547
Dec 200703,58088.337.30$26,141
Nov 20071952,69891.677.29$37,549
Oct 200703,46982.856.92$24,012
Sep 200703,01875.846.24$18,845
Aug 20071922,40469.066.39$28,616
Jul 200732,21370.906.39$14,349
Jun 20071941,94962.007.55$26,740
May 200752,38758.747.85$19,023
Apr 20071992,55259.617.81$31,781
Mar 20072002,84456.927.30$32,151
Feb 200702,52355.108.22$20,729
Jan 20072043,01050.306.73$30,509
Dec 20061942,91556.656.92$31,157
Nov 200623,02654.207.62$23,159
Oct 20061982,07954.906.01$23,373
Sep 200641,08360.085.04$5,696
Aug 200619781668.717.34$19,525
Jul 20061801,50669.376.34$22,039
Jun 200622,02466.286.38$13,054
May 20061903,75966.016.42$36,693
Apr 20061983,93264.397.36$41,691
Mar 200644,17356.707.08$29,784
Feb 20062043,67857.597.75$40,257
Jan 20061984,06860.598.93$48,338
Dec 20051812,61654.9413.42$45,039
Nov 200512,37554.6910.59$25,202
Oct 20051982,77158.3413.80$49,779
Sep 200541,85961.4512.08$22,701
Aug 20051922,83161.519.80$39,545
Jul 20051933,21455.697.84$35,958
Jun 20052113,93252.337.38$40,064
May 200572,51545.226.65$17,044
Apr 20052014,18449.207.36$40,685
Mar 20051944,66150.377.15$43,121
Feb 2005203,70445.226.31$24,284
Jan 20051974,99643.166.32$40,088
Dec 20043939,97039.866.75$82,973
Nov 20043689,27045.286.33$75,346
Oct 200440111,21549.706.52$92,997
Sep 200436212,62843.245.28$82,378
Aug 200457312,02842.375.55$91,041
Jul 20043841,75638.286.08$25,383
Jun 20042241336.106.43$3,451
May 200408037.486.49$520
Apr 20044035,46434.475.86$45,902
Mar 20041802,79234.365.53$21,625
Feb 200402,25832.455.51$12,441
Jan 20041872,32632.036.30$20,643
Dec 20031812,22630.266.30$19,505
Nov 20031861,67828.804.60$13,067
Oct 20031853,63928.174.76$22,532
Sep 20033684,44426.314.75$30,788
Aug 20031835,31429.765.13$32,705
Jul 20033655,97329.415.17$41,620
Jun 20031826,25728.565.98$42,633
May 20031893,57626.595.97$26,384
Apr 20033612,17026.675.41$21,362
Mar 200314,56331.146.10$27,847
Feb 20031863,18233.487.93$31,447
Jan 200336516,21730.315.58$101,587
Dec 200204,29426.914.85$20,842
Nov 2002377024.664.14$9,297
Oct 200203,09126.464.23$13,072
Sep 20023563,56027.443.64$22,710
Aug 200204,19925.963.16$13,286
Jul 20023603,45424.583.06$19,424
Jun 200204,64323.733.34$15,499
May 20023675,65424.663.58$29,314
Apr 20021874,62123.653.51$20,653
Mar 20021774,32922.003.10$17,326
Feb 20021863,25018.222.38$11,110
Jan 20023627,72817.172.38$24,575
Dec 20011815,77716.932.36$16,723
Nov 20011865,20318.072.41$15,877
Oct 20013735,01219.782.53$20,053
Sep 20011865,39524.262.25$16,658
Aug 20011765,42924.873.05$20,953
Jul 20013574,87823.933.20$24,138
Jun 200105,89024.563.82$22,524
May 20013626,24025.524.31$36,116
Apr 20013627,52624.685.34$49,088
Mar 20011796,52524.545.38$39,474
Feb 2001359027.755.77$9,962
Jan 20013565,56227.478.40$56,493
Dec 20003616,48226.889.12$68,836
Nov 20001756,65732.215.66$43,302
Oct 20005419,32131.235.15$64,857
Sep 20001788,33931.875.19$48,923
Aug 20005218,71929.644.54$55,033
Jul 20003598,28228.534.09$44,114
Jun 20005458,05329.304.40$51,380
May 20002768,84027.263.68$40,053
Apr 200035710,38224.513.12$41,100
Mar 200088913,01128.422.86$62,474
Feb 20001546,60327.622.73$22,257
Jan 20007269,37825.272.48$41,608
Dec 199937111,30224.282.42$36,401
Nov 199954511,48223.192.43$40,586
Oct 199971512,96820.982.80$51,359
Sep 199954314,12021.752.62$48,788
Aug 199973216,18519.262.88$60,640
Jul 19991834,11917.892.37$13,046
Jun 199905,11815.942.36$12,089
May 19991804,66315.792.32$13,665
Apr 199905,71015.102.21$12,608
Mar 19993655,53812.471.84$14,732
Feb 19991785,1379.981.82$11,114
Jan 19991846,52510.381.90$14,307
Dec 19983776,8859.201.77$15,678
Nov 19983817,84510.892.19$21,296
Oct 19983788,07412.421.97$20,594
Sep 19983798,06312.592.08$21,564
Aug 19985489,58711.301.91$24,478
Jul 199835711,97811.742.24$30,989
Jun 199856810,74611.242.24$30,426
May 199856611,66312.622.21$32,875
Apr 199838211,20513.042.51$33,054
Mar 199873911,95912.802.31$37,078
Feb 199837611,09313.952.30$30,749
Jan 199856012,35714.702.15$34,859
Dec 199755812,13116.322.41$38,356
Nov 199756612,10818.193.09$47,688
Oct 199787813,90619.253.15$60,703
Sep 199772613,47417.742.95$52,693
Aug 199753113,77217.862.55$44,668
Jul 199754415,54317.582.25$44,488
Jun 199771414,95717.242.26$46,070
May 199773217,09318.972.31$53,345
Apr 199753814,80517.882.08$40,455
Mar 199791017,29618.951.94$50,784
Feb 199772315,31420.492.21$48,595
Jan 199774417,48223.483.54$79,350
Dec 199692718,70223.32$21,618
Nov 199690618,80721.97$19,905
Oct 199689520,41823.31$20,862
Sep 199690919,75222.22$20,198
Aug 19961,10521,20520.26$22,387
Jul 19961,10921,66419.55$21,681
Jun 199673821,07218.73$13,823
May 199696421,24519.43$18,731
Apr 19961,47522,17121.51$31,727
Mar 19961,29123,54919.38$25,020
Feb 19961,27323,39716.98$21,616
Jan 19962,12427,21317.07$36,257
Dec 19951,50322,33317.19$25,837
Nov 19951,81127,31616.00$28,976
Oct 19951,46030,87215.43$22,528
Sep 19952,18334,23916.18$35,321
Aug 19952,17039,51015.92$34,546
Jul 19952,23443,20715.24$34,046
Jun 19953,72348,26016.41$61,094
May 19952,01321,62117.56$35,348
Apr 199575017.73$1,330
Mar 19951932,16816.44$3,173
Feb 19951832,32516.58$3,034
Jan 199511,97815.92$16
Dec 19941892,07015.03$2,841
Nov 199401,75015.90$0
Oct 19941711,31315.58$2,664
Sep 199401,39315.29$0
Aug 19941831,79116.13$2,952
Jul 19941791,76317.56$3,143
Jun 199411,71517.09$17
May 19941811,72015.88$2,874
Apr 19941851,90414.14$2,616
Mar 199442,13912.46$50
Feb 19941721,77812.50$2,150
Jan 19941861,76612.66$2,355
Dec 1993066712.33$0
Nov 1993017614.49$0
Oct 1993421015.85$63
Sep 1993017115.03$0
Aug 19930715.66$0
Jul 19930015.46$0
Jun 199318343816.79$3,073
May 199301,12117.68$0
Apr 199371,08518.05$126
Mar 199301,15918.14$0
Feb 19931831,04017.90$3,276
Jan 199301,08716.93$0

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.

Jul 2024 — as filed, then multipliedworked
Oil                   48 bbl  × $ 79.93 =     $3,837
Casinghead gas         0 Mcf  × $  2.15 =         $0

────────────────────────────────────────────────────
Month total                                   $3,837

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/18340 is the state's own key, not one this site invented.