LEITKO 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 18731District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$17.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$114 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
OilDisposition181,108 bbl$8,195,748
Casinghead gasProduction1,991,687 Mcf$9,290,787
Total$17,486,536

52,444 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 30.2563, -96.7982. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.25629, -96.79817 · 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
8,865 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 8,865 ft.

Completions filed
Oct 2001
1 of 1 wells

1 well

42-2873181018,865 ftOct 2001

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 2026185199106.413.05$20,292
Apr 202601,42798.932.87$4,095
Mar 20261842,29389.753.15$23,736
Feb 2026084463.503.75$3,165
Jan 20262713,08259.138.00$40,674
Dec 2025033456.664.41$1,474
Nov 202508058.593.93$314
Oct 2025022859.383.30$754
Sep 20251812,05462.743.08$17,676
Aug 2025033863.933.01$1,019
Jul 202509866.743.32$325
Jun 2025223366.483.13$862
May 202501,91760.553.23$6,196
Apr 2025026062.363.54$921
Mar 20251862,79867.704.27$24,535
Feb 20251901,42870.884.34$19,666
Jan 20252074.324.28$149
Dec 2024052368.993.12$1,632
Nov 202401,22069.052.20$2,682
Oct 20241922,67071.372.28$19,794
Sep 20240069.612.36$0
Aug 2024089875.632.06$1,853
Jul 202401,50979.932.15$3,239
Jun 2024084178.082.63$2,215
May 202401,84078.812.20$4,045
Apr 202409784.451.66$161
Mar 202411,20880.301.55$1,947
Feb 20241901,38876.091.78$16,933
Jan 2024047573.023.30$1,566
Dec 202301,04271.262.61$2,720
Nov 202301,42977.892.81$4,012
Oct 2023082885.443.09$2,556
Sep 202301,35089.042.74$3,692
Aug 202301,34280.522.67$3,587
Jul 202319036074.852.64$15,173
Jun 202301,37068.962.26$3,094
May 202301,06070.622.23$2,361
Apr 202301,39178.122.24$3,113
Mar 2023044772.852.39$1,070
Feb 202301,39775.112.47$3,445
Jan 202301,04876.533.39$3,550
Dec 2022049976.415.73$2,859
Nov 202201,22585.005.65$6,917
Oct 202218643187.185.86$18,743
Sep 2022081384.888.16$6,637
Aug 2022082194.529.13$7,493
Jul 202201,122101.587.54$8,462
Jun 202201,052115.097.98$8,392
May 20220781109.378.43$6,586
Apr 202201,212104.226.84$8,287
Mar 20220635108.885.08$3,224
Feb 20221851,60391.054.86$24,633
Jan 2022027581.844.54$1,248
Dec 202101,36671.323.90$5,326
Nov 2021083277.435.24$4,357
Oct 2021091279.795.71$5,211
Sep 202101,27669.865.35$6,828
Aug 2021027466.024.22$1,156
Jul 2021049970.783.98$1,987
Jun 202101,40569.493.38$4,750
May 2021028463.483.02$857
Apr 20211791,06760.362.76$13,748
Mar 2021074261.302.72$2,016
Feb 2021012157.805.55$671
Jan 202101,49250.412.81$4,193
Dec 2020034944.642.68$934
Nov 2020049338.772.71$1,334
Oct 202001,27636.972.48$3,162
Sep 2020028337.091.99$563
Aug 2020099539.982.39$2,373
Jul 2020062038.371.83$1,132
Jun 202015725334.901.69$5,907
May 202001,67016.921.81$3,031
Apr 2020029214.751.80$527
Mar 20201801,11630.341.86$7,533
Feb 2020072049.881.98$1,426
Jan 2020017357.252.09$362
Dec 2019067159.012.30$1,546
Nov 201901,40455.302.75$3,862
Oct 2019023653.472.42$571
Sep 2019028955.052.66$768
Aug 20191821,86753.112.30$13,968
Jul 2019022456.272.46$551
Jun 2019020952.782.49$521
May 2019012358.482.74$337
Apr 201901,89562.632.75$5,213
Mar 2019075356.803.06$2,306
Feb 2019021250.852.79$592
Jan 2019021846.033.23$704
Dec 20181801,02846.594.19$12,689
Nov 201801,47652.934.24$6,254
Oct 2018025861.443.40$877
Sep 2018014959.543.11$463
Aug 2018021859.403.07$669
Jul 20181821,36265.142.93$15,849
Jun 201801,01460.183.08$3,120
May 20181781,06165.382.90$14,715
Apr 201801,28663.842.90$3,730
Mar 20181841,43761.222.79$15,269
Feb 20183581,23361.782.77$25,528
Jan 201801,08762.874.01$4,358
Dec 20171891,83257.272.92$16,176
Nov 201718695355.423.12$13,280
Oct 20171871,93949.292.98$15,003
Sep 201718095247.523.09$11,493
Aug 201701,26245.373.00$3,792
Jul 20173601,32843.873.09$19,893
Jun 2017091042.493.09$2,809
May 20171881,83245.373.26$14,508
Apr 20171681,35847.933.21$12,414
Mar 20171811,29546.772.98$12,329
Feb 201701,29650.452.95$3,827
Jan 20171471,56349.413.42$12,607
Dec 20161501,38848.763.72$12,481
Nov 20161721,49442.492.64$11,259
Oct 20161841,50546.193.09$13,150
Sep 20161881,47241.553.10$12,376
Aug 201601,42041.442.92$4,153
Jul 20161791,71341.622.92$12,459
Jun 201617163945.352.69$9,471
May 201601,02542.521.99$2,041
Apr 201601,27436.561.99$2,537
Mar 201601,22233.011.79$2,192
Feb 201601,01226.472.06$2,088
Jan 201601,10727.352.36$2,617
Dec 2015070632.362.00$1,413
Nov 2015041138.792.17$891
Oct 2015039743.552.43$963
Sep 2015035142.992.76$968
Aug 2015035540.162.87$1,020
Jul 2015040248.152.95$1,184
Jun 201503556.152.88$101
May 201506855.212.96$201
Apr 201504649.822.71$125
Mar 2015022142.892.93$649
Feb 2015043144.662.98$1,283
Jan 2015028343.433.10$877
Dec 201418014854.693.59$10,376
Nov 201401,63170.464.25$6,935
Oct 20141892,39878.303.90$24,153
Sep 20141792,63486.164.05$26,078
Aug 20141806,51289.394.04$42,367
Jul 20141885,65296.564.18$41,776
Jun 20143827,90898.164.74$74,956
May 20141914,61994.734.73$39,925
Apr 20141895,35495.944.81$43,881
Mar 20143686,35795.895.06$67,434
Feb 20141894,61397.406.19$46,972
Jan 20143825,94390.404.86$63,420
Dec 20133276,31691.824.35$57,528
Nov 20133834,58388.853.74$51,162
Oct 20133834,64797.423.78$54,875
Sep 20133644,788104.113.72$55,697
Aug 20133875,107104.253.52$58,335
Jul 20133545,808102.523.72$57,885
Jun 20133665,30094.403.93$55,397
May 20133634,62394.834.15$53,604
Apr 20135382,74893.964.28$62,319
Mar 20135773,84593.623.91$69,064
Feb 20135633,29691.233.42$62,635
Jan 20133654,51091.603.42$48,858
Dec 20125603,75686.773.42$61,437
Nov 20127044,06586.953.62$75,948
Oct 20125404,87089.383.40$64,822
Sep 20125414,56694.672.92$64,542
Aug 20125304,27592.662.91$61,542
Jul 20125374,65685.133.02$59,780
Jun 20125313,11179.822.52$50,221
May 20127003,70191.612.49$73,336
Apr 20125313,737101.652.00$61,438
Mar 20125364,451105.052.22$66,197
Feb 20127145,566101.102.57$86,491
Jan 20124897,72998.092.73$69,098
Dec 201172412,26796.873.24$109,876
Nov 20115426,38295.723.31$73,013
Oct 20113626,90784.983.65$55,963
Sep 20113627,41283.623.99$59,813
Aug 20113577,14583.404.15$59,421
Jul 20113453,23794.144.52$47,101
Jun 20115316,89892.904.64$81,336
May 20113537,27798.134.40$66,694
Apr 201101,581105.964.33$6,851
Mar 20115404,58396.364.06$70,629
Feb 20111905,66085.644.18$39,930
Jan 20113815,23186.504.59$56,960
Dec 20105415,80285.734.35$71,606
Nov 20103637,61080.843.80$58,227
Oct 201055210,04478.103.51$78,354
Sep 20103569,85272.633.98$65,062
Aug 20107119,54073.684.42$94,547
Jul 20103649,82672.554.74$72,949
Jun 201072411,04670.364.91$105,181
May 20101939,90971.124.24$55,693
Apr 20105367,95981.694.12$76,598
Mar 20105289,92178.394.39$84,930
Feb 20103728,77673.585.44$75,134
Jan 20105579,89274.365.96$100,415
Dec 20095458,98771.445.48$88,217
Nov 20095709,04874.593.75$76,460
Oct 20097438,93672.544.11$90,626
Sep 20095348,34665.543.06$60,577
Aug 20095358,50067.423.22$63,427
Jul 20096879,16761.133.46$73,755
Jun 20095297,89066.163.90$65,730
May 20097218,26354.743.93$71,906
Apr 20095816,70646.773.59$51,231
Mar 20097197,03542.144.06$58,854
Feb 20095346,31632.814.63$46,783
Jan 20095695,39835.865.37$49,397
Dec 20083617,79437.105.98$59,979
Nov 20083825,83555.496.86$61,227
Oct 20083795,12175.246.92$63,963
Sep 20085315,376101.767.88$96,382
Aug 20085626,305114.228.48$117,677
Jul 20085567,047131.0811.39$153,142
Jun 20087276,689131.3313.03$182,652
May 20085346,985123.1711.57$146,619
Apr 20087277,735110.3110.45$161,064
Mar 20085496,729101.909.66$120,973
Feb 20085815,69092.538.77$103,665
Jan 20087385,88690.388.21$114,999
Dec 20075546,15788.337.30$93,893
Nov 20077326,03491.677.29$111,101
Oct 20075755,68782.856.92$87,004
Sep 20075204,75075.846.24$69,097
Aug 20075315,77269.066.39$73,542
Jul 20077264,99670.906.39$83,388
Jun 20075775,00462.007.55$73,546
May 20075665,53758.747.85$76,692
Apr 20077194,83659.617.81$80,606
Mar 20077586,23856.927.30$88,695
Feb 20077755,72655.108.22$89,747
Jan 20075455,71850.306.73$65,878
Dec 20069536,57156.656.92$99,449
Nov 20067567,22754.207.62$96,027
Oct 20067548,12554.906.01$90,257
Sep 20069217,74160.085.04$94,327
Aug 20067236,69768.717.34$98,833
Jul 20061,1147,52869.376.34$125,026
Jun 20061,0996,78166.286.38$116,131
May 20063786,38766.016.42$65,988
Apr 20069286,77164.397.36$109,592
Mar 20067425,84256.707.08$83,450
Feb 20065685,75357.597.75$77,303
Jan 20067246,31060.598.93$100,236
Dec 20057356,81154.9413.42$131,753
Nov 20059007,47654.6910.59$128,380
Oct 20057408,45558.3413.80$159,815
Sep 20059117,40461.4512.08$145,414
Aug 20059369,52261.519.80$150,859
Jul 20051,11211,47255.697.84$151,910
Jun 20051,28415,13052.337.38$178,867
May 20051,42114,02745.226.65$157,553
Apr 20057265,12349.207.36$73,427
Mar 20051,2728,11150.377.15$122,104
Feb 20058719,29445.226.31$98,050
Jan 20051,11110,61043.166.32$115,029
Dec 20041,45310,89139.866.75$131,443
Nov 200487610,02645.286.33$103,134
Oct 20041,39811,44149.706.52$144,020
Sep 200489211,16843.245.28$97,581
Aug 20041,28812,57642.375.55$124,378
Jul 20041,25412,55438.286.08$124,384
Jun 20041,09411,47036.106.43$113,280
May 20041,25812,65937.486.49$129,365
Apr 20041,32213,12734.475.86$122,473
Mar 20041,32012,91834.365.53$116,794
Feb 20041,27113,32132.455.51$114,638
Jan 20041,24514,32032.036.30$130,088
Dec 20031,49315,21330.266.30$141,045
Nov 20031,48315,71128.804.60$114,905
Oct 20031,45616,18728.174.76$118,060
Sep 20031,83917,50326.314.75$131,512
Aug 20031,46221,26629.765.13$152,598
Jul 20031,83522,98129.415.17$172,798
Jun 20031,68422,91928.565.98$185,219
May 20031,58623,60826.595.97$183,175
Apr 20031,75123,65126.675.41$174,587
Mar 20031,89925,38931.146.10$213,907
Feb 20031,88613,04933.487.93$166,568
Jan 20032,48445,15630.315.58$327,353
Dec 20022,93434,29526.914.85$245,414
Nov 20023,67136,28824.664.14$240,649
Oct 20024,33736,65126.464.23$269,759
Sep 20023,01927,02827.443.64$181,094
Aug 20022,78227,71025.963.16$159,900
Jul 20023,02331,41924.583.06$170,503
Jun 20024,73040,93623.733.34$248,897
May 20025,31640,37924.663.58$275,811
Apr 20026,58550,83123.653.51$334,270
Mar 20028,95457,16622.003.10$374,358
Feb 20027,64855,96618.222.38$272,304
Jan 20025,61475,06917.172.38$274,732
Dec 20011,34451,24916.932.36$143,927
Nov 200191015,32118.072.41$53,299
Oct 2001197019.782.53$3,897
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001131024.685.34$3,233
Mar 200111018224.545.38$3,678
Feb 200116964427.755.77$8,404
Jan 200118265627.478.40$10,509
Dec 200019764026.889.12$11,134
Nov 2000070032.215.66$3,961
Oct 200017864431.235.15$8,873
Sep 2000080131.875.19$4,154
Aug 20004487129.644.54$5,259
Jul 20008085828.534.09$5,791
Jun 200016974829.304.40$8,241
May 200024183527.263.68$9,642
Apr 2000078924.513.12$2,459
Mar 200016782928.422.86$7,117
Feb 200033174727.622.73$11,179
Jan 2000061025.272.48$1,513
Dec 1999075724.282.42$1,835
Nov 199914973623.192.43$5,247
Oct 1999077520.982.80$2,173
Sep 19997584521.752.62$3,844
Aug 1999083319.262.88$2,395
Jul 199915887017.892.37$4,891
Jun 1999083115.942.36$1,963
May 199911060015.792.32$3,130
Apr 199914282715.102.21$3,970
Mar 1999063512.471.84$1,167
Feb 19991647429.981.82$2,986
Jan 199918182710.381.90$3,450
Dec 199808199.201.77$1,452
Nov 1998079110.892.19$1,729
Oct 199810587612.421.97$3,029
Sep 199817993512.592.08$4,201
Aug 199818085711.301.91$3,669
Jul 1998087711.742.24$1,962
Jun 199818088411.242.24$4,001
May 199818997012.622.21$4,525
Apr 199819095513.042.51$4,870
Mar 1998071112.802.31$1,642
Feb 199814164813.952.30$3,457
Jan 1998034814.702.15$750
Dec 19970116.322.41$2
Nov 199713969018.193.09$4,659
Oct 199735699519.253.15$9,987
Sep 1997096217.742.95$2,843
Aug 199711,01617.862.55$2,613
Jul 199711897717.582.25$4,270
Jun 19971541,03817.242.26$4,998
May 19971481,08918.972.31$5,322
Apr 19976787617.882.08$3,022
Mar 19971251,09818.951.94$4,498
Feb 199713099420.492.21$4,856
Jan 19971251,07323.483.54$6,733
Dec 19961631,07123.32$3,801
Nov 199601,05021.97$0
Oct 19961981,50223.31$4,615
Sep 19962396422.22$511
Aug 19961161,05520.26$2,350
Jul 19961871,13819.55$3,656
Jun 199618888618.73$3,521
May 1996183119.43$19
Apr 199620073521.51$4,302
Mar 1996082519.38$0
Feb 1996089616.98$0
Jan 199619796617.07$3,363
Dec 199501,08217.19$0
Nov 199501,09216.00$0
Oct 199501,17515.43$0
Sep 19951681,12816.18$2,718
Aug 199501,15315.92$0
Jul 199501,23015.24$0
Jun 19951231,04816.41$2,018
May 199511,16417.56$18
Apr 19951681,10517.73$2,979
Mar 199501,17916.44$0
Feb 199514085916.58$2,321
Jan 1995091715.92$0
Dec 199417794415.03$2,660
Nov 199401,08115.90$0
Oct 19941171,27115.58$1,823
Sep 1994721,23615.29$1,101
Aug 19941541,08816.13$2,484
Jul 19941151,20617.56$2,019
Jun 19941851,25417.09$3,162
May 199411,27315.88$16
Apr 199401,23914.14$0
Mar 1994491,05612.46$611
Feb 1994182412.50$13
Jan 199421789012.66$2,747
Dec 1993275312.33$25
Nov 19932631,05114.49$3,811
Oct 1993183815.85$16
Sep 199316285215.03$2,435
Aug 199311,26515.66$16
Jul 19931215.46$15
Jun 19932541,37716.79$4,265
May 19932901,52517.68$5,127
Apr 199301,17318.05$0
Mar 199301,31218.14$0
Feb 19931852,06617.90$3,312
Jan 199301,81716.93$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.

May 2026 — as filed, then multipliedworked
Oil                  185 bbl  × $106.41 =    $19,686
Casinghead gas       199 Mcf  × $  3.05 =       $606

────────────────────────────────────────────────────
Month total                                  $20,292

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/18731 is the state's own key, not one this site invented.