RALEIGH 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 18729District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$13 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
OilDisposition97,283 bbl$2,996,681
Casinghead gasProduction412,531 Mcf$1,245,437
Total$4,242,118

122,334 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 (2)

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 30.5774, -96.5334. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

30.57738, -96.53341 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,280 ft
2 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.
2100.0%

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

Between 8,394 and 10,165 ft, median 9,280 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1985 – Aug 1993
2 of 2 wells

2 wells

42-05133271210,165 ftAug 1993
42-0513284018,394 ftJul 1985

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 2026133098.932.87$13,158
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 2024023569.052.20$517
Oct 2024027771.372.28$632
Sep 202416227369.612.36$11,922
Aug 2024028775.632.06$592
Jul 2024024379.932.15$522
Jun 202418926578.082.63$15,455
May 2024020678.812.20$453
Apr 2024028484.451.66$471
Mar 202417325780.301.55$14,289
Feb 2024123476.091.78$493
Jan 2024024073.023.30$791
Dec 202316525771.262.61$12,429
Nov 2023028777.892.81$806
Oct 2023027285.443.09$840
Sep 2023025089.042.74$684
Aug 202318029780.522.67$15,287
Jul 2023026774.852.64$705
Jun 2023028168.962.26$635
May 202318427570.622.23$13,607
Apr 2023027378.122.24$611
Mar 2023027472.852.39$656
Feb 202319524575.112.47$15,251
Jan 2023029976.533.39$1,013
Dec 2022022176.415.73$1,266
Nov 202219123285.005.65$17,545
Oct 2022028287.185.86$1,654
Sep 2022025584.888.16$2,082
Aug 2022028294.529.13$2,574
Jul 2022195266101.587.54$21,814
Jun 20220313115.097.98$2,497
May 20220338109.378.43$2,850
Apr 2022179225104.226.84$20,194
Mar 20220266108.885.08$1,350
Feb 2022022491.054.86$1,088
Jan 202218424481.844.54$16,166
Dec 2021023571.323.90$916
Nov 2021025177.435.24$1,314
Oct 202117929779.795.71$15,979
Sep 2021025869.865.35$1,381
Aug 202117732366.024.22$13,049
Jul 2021029970.783.98$1,191
Jun 2021032169.493.38$1,085
May 202118133363.483.02$12,495
Apr 2021031560.362.76$869
Mar 202118431861.302.72$12,143
Feb 2021024957.805.55$1,381
Jan 2021031850.412.81$894
Dec 202018032544.642.68$8,905
Nov 2020033338.772.71$901
Oct 202017732936.972.48$7,359
Sep 2020035937.091.99$715
Aug 2020037239.982.39$887
Jul 202013135838.371.83$5,680
Jun 2020034634.901.69$585
May 202017934916.921.81$3,662
Apr 2020032514.751.80$586
Mar 202018156330.341.86$6,537
Feb 2020049449.881.98$978
Jan 2020055757.252.09$1,167
Dec 201915557459.012.30$10,469
Nov 2019055955.302.75$1,538
Oct 201916563053.472.42$10,346
Sep 2019063555.052.66$1,687
Aug 201917563453.112.30$10,755
Jul 2019066156.272.46$1,626
Jun 201918356652.782.49$11,069
May 2019057758.482.74$1,581
Apr 2019054362.632.75$1,494
Mar 201917554956.803.06$11,621
Feb 2019048650.852.79$1,357
Jan 201919251546.033.23$10,500
Dec 2018052946.594.19$2,214
Nov 201819059152.934.24$12,561
Oct 2018063261.443.40$2,148
Sep 201817660059.543.11$12,344
Aug 2018059259.403.07$1,815
Jul 201818457665.142.93$13,675
Jun 2018058260.183.08$1,791
May 201817749465.382.90$13,005
Apr 2018057463.842.90$1,665
Mar 201818263361.222.79$12,906
Feb 201819356361.782.77$13,481
Jan 2018039962.874.01$1,600
Dec 2017038757.272.92$1,131
Nov 201715048355.423.12$9,819
Oct 2017060549.292.98$1,805
Sep 201717751547.523.09$10,001
Aug 2017055345.373.00$1,661
Jul 2017067543.873.09$2,084
Jun 201716659142.493.09$8,878
May 2017059345.373.26$1,935
Apr 201718560247.933.21$10,800
Mar 2017062746.772.98$1,871
Feb 2017051750.452.95$1,526
Jan 201716860249.413.42$10,359
Dec 201618568148.763.72$11,556
Nov 2016066442.492.64$1,756
Oct 2016069546.193.09$2,148
Sep 201617768641.553.10$9,481
Aug 2016070441.442.92$2,059
Jul 201617270241.622.92$9,212
Jun 201618264645.352.69$9,989
May 2016069442.521.99$1,382
Apr 2016065936.561.99$1,312
Mar 201618367733.011.79$7,255
Feb 2016064526.472.06$1,331
Jan 201618669227.352.36$6,723
Dec 201518473132.362.00$7,417
Nov 2015064638.792.17$1,400
Oct 201518372943.552.43$9,739
Sep 2015065842.992.76$1,815
Aug 201517968440.162.87$9,153
Jul 2015074048.152.95$2,179
Jun 2015070256.152.88$2,024
May 201518470555.212.96$12,242
Apr 2015069749.822.71$1,886
Mar 201518670642.892.93$10,049
Feb 2015065744.662.98$1,955
Jan 201518173543.433.10$10,140
Dec 201418372654.693.59$12,616
Nov 2014071470.464.25$3,036
Oct 201418575178.303.90$17,415
Sep 2014074886.164.05$3,026
Aug 201417678189.394.04$18,884
Jul 201417377196.564.18$19,927
Jun 201417981698.164.74$21,436
May 201417899294.734.73$21,551
Apr 201417070495.944.81$19,695
Mar 201419074995.895.06$22,007
Feb 2014068797.406.19$4,254
Jan 2014077890.404.86$3,782
Dec 201318178691.824.35$20,042
Nov 2013075388.853.74$2,815
Oct 201318584197.423.78$21,201
Sep 20130831104.113.72$3,089
Aug 20130879104.253.52$3,096
Jul 2013169875102.523.72$20,579
Jun 2013083894.403.93$3,296
May 201318186294.834.15$20,741
Apr 2013083193.964.28$3,559
Mar 2013084693.623.91$3,310
Feb 201317777591.233.42$18,798
Jan 2013079791.603.42$2,726
Dec 201218883586.773.42$19,169
Nov 2012085686.953.62$3,103
Oct 201217190989.383.40$18,374
Sep 2012093094.672.92$2,714
Aug 201217286692.662.91$18,456
Jul 2012093185.133.02$2,812
Jun 201218488779.822.52$16,921
May 2012098691.612.49$2,453
Apr 2012181907101.652.00$20,210
Mar 20120871105.052.22$1,935
Feb 2012183821101.102.57$20,611
Jan 2012087998.092.73$2,403
Dec 2011089096.873.24$2,883
Nov 201118190395.723.31$20,315
Oct 2011097484.983.65$3,554
Sep 201118596383.623.99$19,308
Aug 201101,03683.404.15$4,299
Jul 20111701,05394.144.52$20,760
Jun 201101,03092.904.64$4,779
May 20111831,05698.134.40$22,609
Apr 201101,011105.964.33$4,381
Mar 20111831,03096.364.06$21,813
Feb 2011084785.644.18$3,540
Jan 201117998986.504.59$20,022
Dec 2010095285.734.35$4,139
Nov 201017798580.843.80$18,047
Oct 201001,06378.103.51$3,730
Sep 20101731,04572.633.98$16,724
Aug 201001,13173.684.42$4,998
Jul 20101891,12172.554.74$19,022
Jun 201001,09270.364.91$5,362
May 20101881,15271.124.24$18,250
Apr 20101691,04881.694.12$18,126
Mar 201001,08178.394.39$4,744
Feb 201018394173.585.44$18,586
Jan 201001,04174.365.96$6,209
Dec 20091741,00971.445.48$17,964
Nov 20091761,07274.593.75$17,149
Oct 2009098372.544.11$4,040
Sep 200917796565.543.06$14,558
Aug 20091861,03667.423.22$15,874
Jul 200901,08661.133.46$3,762
Jun 200918196366.163.90$15,726
May 20091781,11554.743.93$14,121
Apr 2009093746.773.59$3,361
Mar 20091811,14142.144.06$12,259
Feb 20091911,04932.814.63$11,127
Jan 20091821,19935.865.37$12,966
Dec 200821,24837.105.98$7,534
Nov 20081891,19455.496.86$18,679
Oct 20081861,32775.246.92$23,180
Sep 20081951,260101.767.88$29,768
Aug 20081871,333114.228.48$32,667
Jul 200821,225131.0811.39$14,214
Jun 20081951,384131.3313.03$43,647
May 20081941,413123.1711.57$40,249
Apr 20081921,329110.3110.45$35,074
Mar 20081841,334101.909.66$31,641
Feb 20081991,28192.538.77$29,649
Jan 20087611,61590.388.21$82,031
Dec 200701,79988.337.30$13,136
Nov 200701,15991.677.29$8,451
Oct 20071891,10082.856.92$23,273
Sep 200701,15175.846.24$7,187
Aug 200719387769.066.39$18,931
Jul 200719090370.906.39$19,239
Jun 200718891462.007.55$18,555
May 2007093358.747.85$7,321
Apr 200719094659.617.81$18,710
Mar 20073821,02956.927.30$29,257
Feb 2007087255.108.22$7,164
Jan 200719878350.306.73$15,227
Dec 200619089156.656.92$16,928
Nov 2006097454.207.62$7,419
Oct 200619395754.906.01$16,351
Sep 200618894260.085.04$16,040
Aug 200638098168.717.34$33,310
Jul 2006099769.376.34$6,324
Jun 2006097466.286.38$6,218
May 20061881,08566.016.42$19,381
Apr 200637290264.397.36$30,592
Mar 2006271356.707.08$5,164
Feb 20061981,05657.597.75$19,588
Jan 200619178060.598.93$18,541
Dec 20051911,09754.9413.42$25,210
Nov 200521,02954.6910.59$11,005
Oct 200521,10158.3413.80$15,306
Sep 20051841,01261.4512.08$23,531
Aug 20051921,12361.519.80$22,812
Jul 200519286955.697.84$17,509
Jun 200519087752.337.38$16,416
May 200501,17745.226.65$7,828
Apr 200538489049.207.36$25,444
Mar 2005077950.377.15$5,574
Feb 200536986445.226.31$22,140
Jan 2005061843.166.32$3,907
Dec 2004022039.866.75$1,485
Nov 200418671545.286.33$12,948
Oct 200418790949.706.52$15,216
Sep 200419174543.245.28$12,195
Aug 200418687642.375.55$12,743
Jul 200419779338.286.08$12,366
Jun 200418675336.106.43$11,559
May 20041941,09337.486.49$14,370
Apr 200419281334.475.86$11,381
Mar 20041961,09034.365.53$12,762
Feb 200419594032.455.51$11,507
Jan 200436498232.036.30$17,845
Dec 20031901,12230.266.30$12,820
Nov 200318998428.804.60$9,965
Oct 200319198228.174.76$10,054
Sep 20033671,21926.314.75$15,445
Aug 20031931,09129.765.13$11,340
Jul 200318972429.415.17$9,302
Jun 200317682228.565.98$9,945
May 2003070426.595.97$4,205
Apr 200317294126.675.41$9,675
Mar 200336985031.146.10$16,672
Feb 2003286933.487.93$6,955
Jan 20033641,30630.315.58$18,323
Dec 20023741,33726.914.85$16,554
Nov 20021771,21724.664.14$9,400
Oct 20023651,27426.464.23$15,046
Sep 20023651,42527.443.64$15,196
Aug 20021851,46125.963.16$9,425
Jul 20023661,47624.583.06$13,515
Jun 20023491,24723.733.34$12,445
May 20023621,27824.663.58$13,507
Apr 20023611,49523.653.51$13,789
Mar 20023621,23822.003.10$11,805
Feb 20023661,53618.222.38$10,318
Jan 20027441,74317.172.38$16,915
Dec 20013741,40216.932.36$9,647
Nov 20013741,20718.072.41$9,662
Oct 20017381,11919.782.53$17,427
Sep 200172473324.262.25$19,214
Aug 2001226024.873.05$844
Jul 200135859923.933.20$10,482
Jun 2001183124.563.82$3,202
May 200136981825.524.31$12,940
Apr 2001373424.685.34$3,990
Mar 2001266124.545.38$3,603
Feb 200135961827.755.77$13,526
Jan 2001356727.478.40$4,845
Dec 200036853626.889.12$14,782
Nov 2000374432.215.66$4,306
Oct 200036362031.235.15$14,527
Sep 2000351131.875.19$2,746
Aug 20001624029.644.54$1,564
Jul 2000102128.534.09$371
Jun 200052929.304.40$274
May 200042127.263.68$186
Apr 200036116824.513.12$9,372
Mar 200001,42828.422.86$4,084
Feb 20003631,39227.622.73$13,821
Jan 200001,49725.272.48$3,713
Dec 19993641,48724.282.42$12,442
Nov 199911,44823.192.43$3,548
Oct 19993631,42920.982.80$11,622
Sep 199901,52421.752.62$3,991
Aug 19993611,65219.262.88$11,703
Jul 19993561,60417.892.37$10,174
Jun 199901,67115.942.36$3,947
May 19993651,59215.792.32$9,458
Apr 19993751,55415.102.21$9,094
Mar 199901,66712.471.84$3,065
Feb 19991921,5579.981.82$4,746
Jan 19993751,92210.381.90$7,544
Dec 19983671,5079.201.77$6,049
Nov 199811,87710.892.19$4,113
Oct 19983721,98412.421.97$8,527
Sep 19983711,88912.592.08$8,605
Aug 19983611,98311.301.91$7,862
Jul 199801,89911.742.24$4,249
Jun 19983591,89211.242.24$8,268
May 19983802,07812.622.21$9,380
Apr 19985511,62813.042.51$11,264
Mar 199801,89512.802.31$4,376
Feb 19985421,89313.952.30$11,913
Jan 19983762,17714.702.15$10,218
Dec 19971912,24816.322.41$8,537
Nov 19973772,25518.193.09$13,822
Oct 19977542,41719.253.15$22,128
Sep 19973812,62917.742.95$14,527
Aug 19973801,56817.862.55$10,793
Jul 19977361,68817.582.25$16,732
Jun 19973591,72717.242.26$10,087
May 19973571,12918.972.31$9,379
Apr 199736655117.882.08$7,692
Mar 19973751,28718.951.94$9,602
Feb 19973651,83120.492.21$11,518
Jan 19977221,70523.483.54$22,988
Dec 199621,34523.32$47
Nov 19963721,76921.97$8,173
Oct 19967231,87523.31$16,853
Sep 19963562,10622.22$7,910
Aug 19963681,24220.26$7,456
Jul 199635376619.55$6,901
Jun 19963591,46018.73$6,724
May 19967291,83619.43$14,164
Apr 19963712,08221.51$7,980
Mar 19967451,70019.38$14,438
Feb 19963642,10016.98$6,181
Jan 19967432,18317.07$12,683
Dec 19957242,68817.19$12,446
Nov 19957261,81016.00$11,616
Oct 19957252,12815.43$11,187
Sep 19957142,07016.18$11,553
Aug 19951,0752,30515.92$17,114
Jul 19957222,29215.24$11,003
Jun 19957322,35116.41$12,012
May 19951,0632,63317.56$18,666
Apr 19951,0732,30317.73$19,024
Mar 19957402,72016.44$12,166
Feb 19951,1042,33216.58$18,304
Jan 19951,0922,90315.92$17,385
Dec 19941,0743,09715.03$16,142
Nov 19941,8034,46315.90$28,668
Oct 19941,4493,88815.58$22,575
Sep 19941,6013,15415.29$24,479
Aug 19942,1395,46716.13$34,502
Jul 19942,5034,99017.56$43,953
Jun 19943,1545,52717.09$53,902
May 19941,5771,85915.88$25,043
Apr 19947142,38914.14$10,096
Mar 19941,2482,82312.46$15,550
Feb 19947402,30912.50$9,250
Jan 19941,0922,17512.66$13,825
Dec 19939071,85012.33$11,183
Nov 19931,1121,54714.49$16,113
Oct 19931,0602,56815.85$16,801
Sep 19931,4481,55015.03$21,763
Aug 199333750815.66$5,277
Jul 19937132,80915.46$11,023
Jun 19931,0753,14916.79$18,049
May 19931,1183,26917.68$19,766
Apr 19939503,27518.05$17,148
Mar 19931,4943,95018.14$27,101
Feb 19931,5123,61217.90$27,065
Jan 19931,1473,10716.93$19,419

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.

Apr 2026 — as filed, then multipliedworked
Oil                  133 bbl  × $ 98.93 =    $13,158
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $13,158

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/18729 is the state's own key, not one this site invented.