LA NELL K. 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 18960District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$778 k
Jan 1993 – May 2026
Value, last 12 filed months
$2 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

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
OilDisposition8,092 bbl$333,887
Casinghead gasProduction119,387 Mcf$444,376
Total$778,264

30,720 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 30.1436, -96.7221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.14363, -96.72208 · 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
12,202 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 12,202 ft.

Completions filed
Nov 1985
1 of 1 wells

1 well

42-14931221112,202 ftNov 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 2026010798.932.87$307
Mar 20260089.753.15$0
Feb 20260663.503.75$23
Jan 20260059.138.00$0
Dec 20250456.664.41$18
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250862.743.08$25
Aug 2025141263.933.01$931
Jul 202503166.743.32$103
Jun 2025030166.483.13$942
May 20258630160.553.23$6,180
Apr 2025117862.363.54$693
Mar 202515767.704.27$311
Feb 20250070.884.34$0
Jan 20250274.324.28$9
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240371.372.28$7
Sep 202401369.612.36$31
Aug 202402075.632.06$41
Jul 20240379.932.15$6
Jun 202401078.082.63$26
May 202403778.812.20$81
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230371.262.61$8
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230274.852.64$5
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230278.122.24$4
Mar 20230072.852.39$0
Feb 20230275.112.47$5
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220387.185.86$18
Sep 202207,99184.888.16$65,236
Aug 20220294.529.13$18
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 2022800109.378.43$8,750
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 20210261.302.72$5
Feb 202101057.805.55$55
Jan 202102950.412.81$82
Dec 20200044.642.68$0
Nov 20200538.772.71$14
Oct 202001336.972.48$32
Sep 202001437.091.99$28
Aug 20201921939.982.39$7,721
Jul 202002838.371.83$51
Jun 202003234.901.69$54
May 202006716.921.81$122
Apr 202004314.751.80$78
Mar 2020015730.341.86$291
Feb 2020015749.881.98$311
Jan 2020016057.252.09$335
Dec 2019019959.012.30$459
Nov 2019016555.302.75$454
Oct 2019016853.472.42$406
Sep 2019020855.052.66$553
Aug 2019016253.112.30$373
Jul 2019022956.272.46$563
Jun 2019017952.782.49$446
May 2019021058.482.74$575
Apr 2019014162.632.75$388
Mar 201918413556.803.06$10,865
Feb 2019014950.852.79$416
Jan 2019020346.033.23$655
Dec 2018018746.594.19$783
Nov 2018017252.934.24$729
Oct 2018023261.443.40$788
Sep 2018020959.543.11$650
Aug 2018014359.403.07$439
Jul 2018022265.142.93$651
Jun 2018017160.183.08$526
May 2018023965.382.90$693
Apr 2018017763.842.90$513
Mar 201818718961.222.79$11,975
Feb 2018015761.782.77$434
Jan 2018019662.874.01$786
Dec 2017018657.272.92$543
Nov 2017023755.423.12$739
Oct 2017029649.292.98$883
Sep 2017011747.523.09$361
Aug 2017013645.373.00$409
Jul 2017022743.873.09$701
Jun 2017024142.493.09$744
May 2017019645.373.26$640
Apr 2017017747.933.21$568
Mar 2017019646.772.98$585
Feb 2017018150.452.95$534
Jan 201708549.413.42$291
Dec 20161958948.763.72$9,840
Nov 2016016842.492.64$444
Oct 2016017046.193.09$525
Sep 2016017241.553.10$533
Aug 2016021741.442.92$635
Jul 2016016141.622.92$471
Jun 2016020945.352.69$561
May 2016021142.521.99$420
Apr 201618913736.561.99$7,183
Mar 2016015533.011.79$278
Feb 2016018826.472.06$388
Jan 2016016727.352.36$395
Dec 2015021232.362.00$424
Nov 2015016338.792.17$353
Oct 2015016843.552.43$408
Sep 2015018242.992.76$502
Aug 2015020440.162.87$586
Jul 2015016848.152.95$495
Jun 2015022556.152.88$649
May 2015016255.212.96$479
Apr 2015017849.822.71$482
Mar 2015020242.892.93$593
Feb 2015027144.662.98$807
Jan 2015012443.433.10$384
Dec 2014022054.693.59$790
Nov 2014018370.464.25$778
Oct 201419119678.303.90$15,720
Sep 2014021486.164.05$866
Aug 2014020389.394.04$819
Jul 2014020896.564.18$869
Jun 2014016998.164.74$801
May 2014018594.734.73$874
Apr 2014019695.944.81$943
Mar 2014023795.895.06$1,198
Feb 2014018497.406.19$1,139
Jan 2014021090.404.86$1,021
Dec 2013023491.824.35$1,019
Nov 2013016888.853.74$628
Oct 201317424597.423.78$17,877
Sep 20130206104.113.72$766
Aug 20130207104.253.52$729
Jul 20130144102.523.72$535
Jun 201319314394.403.93$18,782
May 2013029694.834.15$1,228
Apr 2013015793.964.28$672
Mar 2013126393.623.91$1,123
Feb 2013022491.233.42$766
Jan 2013029091.603.42$992
Dec 2012022486.773.42$766
Nov 2012032786.953.62$1,185
Oct 2012020589.383.40$697
Sep 201216723594.672.92$16,496
Aug 2012025292.662.91$733
Jul 2012022885.133.02$689
Jun 2012024079.822.52$605
May 2012030491.612.49$756
Apr 20120363101.652.00$725
Mar 20120225105.052.22$500
Feb 20120225101.102.57$578
Jan 2012025498.092.73$694
Dec 2011031996.873.24$1,033
Nov 2011020295.723.31$669
Oct 2011023484.983.65$854
Sep 201117725183.623.99$15,801
Aug 2011026283.404.15$1,087
Jul 2011031494.144.52$1,418
Jun 2011022592.904.64$1,044
May 2011025798.134.40$1,132
Apr 20110247105.964.33$1,070
Mar 2011027096.364.06$1,095
Feb 2011030685.644.18$1,279
Jan 2011036186.504.59$1,657
Dec 201019520885.734.35$17,622
Nov 2010024980.843.80$945
Oct 2010025778.103.51$902
Sep 2010024472.633.98$971
Aug 2010026473.684.42$1,167
Jul 2010027372.554.74$1,293
Jun 2010031370.364.91$1,537
May 2010042571.124.24$1,800
Apr 2010029781.694.12$1,224
Mar 2010026978.394.39$1,181
Feb 2010023973.585.44$1,301
Jan 2010021274.365.96$1,264
Dec 2009023471.445.48$1,283
Nov 2009027274.593.75$1,020
Oct 200919227172.544.11$15,042
Sep 2009022465.543.06$687
Aug 2009030367.423.22$975
Jul 2009027261.133.46$942
Jun 2009027666.163.90$1,075
May 2009030754.743.93$1,205
Apr 2009033446.773.59$1,198
Mar 2009034442.144.06$1,396
Feb 2009025732.814.63$1,191
Jan 200919328835.865.37$8,468
Dec 2008131437.105.98$1,914
Nov 2008032455.496.86$2,223
Oct 2008039875.246.92$2,755
Sep 20080369101.767.88$2,907
Aug 20080313114.228.48$2,655
Jul 20080340131.0811.39$3,872
Jun 20080445131.3313.03$5,800
May 20080314123.1711.57$3,634
Apr 2008184327110.3110.45$23,716
Mar 20080367101.909.66$3,547
Feb 2008045392.538.77$3,973
Jan 2008045890.388.21$3,758
Dec 2007028688.337.30$2,088
Nov 2007029491.677.29$2,144
Oct 2007026982.856.92$1,862
Sep 2007029475.846.24$1,836
Aug 2007029969.066.39$1,910
Jul 2007021370.906.39$1,361
Jun 200718228462.007.55$13,428
May 2007033058.747.85$2,589
Apr 2007037659.617.81$2,935
Mar 2007156856.927.30$4,204
Feb 2007028155.108.22$2,309
Jan 2007030450.306.73$2,045
Dec 2006031056.656.92$2,145
Nov 2006028554.207.62$2,171
Oct 2006032954.906.01$1,979
Sep 200617132660.085.04$11,916
Aug 2006035268.717.34$2,584
Jul 2006036969.376.34$2,340
Jun 2006038666.286.38$2,464
May 2006064966.016.42$4,170
Apr 2006028464.397.36$2,090
Mar 2006034156.707.08$2,415
Feb 2006031357.597.75$2,426
Jan 200618235460.598.93$14,190
Dec 2005036454.9413.42$4,883
Nov 2005039654.6910.59$4,193
Oct 2005046258.3413.80$6,374
Sep 2005058761.4512.08$7,090
Aug 2005017861.519.80$1,744
Jul 2005036155.697.84$2,832
Jun 2005035252.337.38$2,598
May 2005037045.226.65$2,461
Apr 20059535949.207.36$7,316
Mar 2005038250.377.15$2,733
Feb 2005036845.226.31$2,323
Jan 200518946443.166.32$11,091
Dec 2004044339.866.75$2,991
Nov 2004042545.286.33$2,690
Oct 2004053549.706.52$3,486
Sep 2004044543.245.28$2,351
Aug 200418157842.375.55$10,877
Jul 2004068638.286.08$4,174
Jun 2004096036.106.43$6,176
May 2004028537.486.49$1,851
Apr 2004030134.475.86$1,763
Mar 2004030434.365.53$1,681
Feb 2004028832.455.51$1,587
Jan 2004031532.036.30$1,984
Dec 2003032130.266.30$2,023
Nov 2003031828.804.60$1,461
Oct 2003033428.174.76$1,590
Sep 2003033126.314.75$1,572
Aug 200318334329.765.13$7,206
Jul 2003034929.415.17$1,805
Jun 2003034228.565.98$2,046
May 2003035426.595.97$2,114
Apr 2003034626.675.41$1,871
Mar 2003036331.146.10$2,213
Feb 2003033333.487.93$2,639
Jan 2003036730.315.58$2,049
Dec 2002038726.914.85$1,878
Nov 2002037124.664.14$1,535
Oct 2002038626.464.23$1,632
Sep 200218539727.443.64$6,520
Aug 2002036825.963.16$1,164
Jul 2002040424.583.06$1,237
Jun 2002039123.733.34$1,305
May 2002029124.663.58$1,043
Apr 2002031123.653.51$1,092
Mar 2002033022.003.10$1,024
Feb 2002039618.222.38$941
Jan 200218634917.172.38$4,023
Dec 2001055716.932.36$1,317
Nov 2001030718.072.41$738
Oct 2001038019.782.53$961
Sep 2001034124.262.25$768
Aug 2001042724.873.05$1,304
Jul 2001047023.933.20$1,503
Jun 200118633724.563.82$5,857
May 2001037625.524.31$1,620
Apr 2001039224.685.34$2,091
Mar 2001029824.545.38$1,602
Feb 2001044227.755.77$2,549
Jan 2001036727.478.40$3,082
Dec 2000042926.889.12$3,914
Nov 2000043632.215.66$2,467
Oct 200019333631.235.15$7,756
Sep 200009531.875.19$493
Aug 2000045229.644.54$2,052
Jul 2000018628.534.09$761
Jun 2000016629.304.40$730
May 2000021827.263.68$802
Apr 2000023224.513.12$723
Mar 2000031328.422.86$895
Feb 200018430327.622.73$5,908
Jan 2000033425.272.48$828
Dec 1999032024.282.42$776
Nov 1999034123.192.43$830
Oct 1999035920.982.80$1,007
Sep 199918241221.752.62$5,037
Aug 1999026919.262.88$774
Jul 1999028517.892.37$676
Jun 1999025715.942.36$607
May 1999029015.792.32$673
Apr 1999029715.102.21$656
Mar 1999033012.471.84$607
Feb 19991722709.981.82$2,207
Jan 1999031510.381.90$598
Dec 199813269.201.77$587
Nov 1998136110.892.19$800
Oct 199819335012.421.97$3,086
Sep 19981131412.592.08$792
Aug 19981541811.301.91$967
Jul 1998624411.742.24$616
Jun 1998529111.242.24$707
May 1998449512.622.21$1,143
Apr 1998727213.042.51$773
Mar 199818931212.802.31$3,140
Feb 1998934413.952.30$916
Jan 1998852214.702.15$1,242
Dec 1997821216.322.41$642
Nov 199719020218.193.09$4,080
Oct 19971422219.253.15$969
Sep 1997825217.742.95$887
Aug 19971030317.862.55$953
Jul 19971346317.582.25$1,269
Jun 19971310617.242.26$463
May 19971010218.972.31$425
Apr 19971317617.882.08$599
Mar 199720118918.951.94$4,175
Feb 1997810920.492.21$404
Jan 19971113723.483.54$743
Dec 19961210423.32$280
Nov 199679121.97$154
Oct 19960023.31$0
Sep 199685622.22$178
Aug 19961270720.26$243
Jul 19961856219.55$352
Jun 19961868718.73$337
May 199621365319.43$4,139
Apr 19961073221.51$215
Mar 1996755619.38$136
Feb 19961152716.98$187
Jan 19961461417.07$239
Dec 199519276317.19$3,300
Nov 19951861316.00$288
Oct 1995578715.43$77
Sep 1995760816.18$113
Aug 1995970815.92$143
Jul 1995774315.24$107
Jun 199519674616.41$3,216
May 19951043117.56$176
Apr 19951469717.73$248
Mar 19951392916.44$214
Feb 1995466016.58$66
Jan 199519776115.92$3,136
Dec 1994678215.03$90
Nov 19941276515.90$191
Oct 1994669315.58$93
Sep 1994665115.29$92
Aug 199418466116.13$2,968
Jul 1994582917.56$88
Jun 1994365617.09$51
May 1994691015.88$95
Apr 1994660614.14$85
Mar 199418476712.46$2,293
Feb 1994666612.50$75
Jan 1994551812.66$63
Dec 1993556112.33$62
Nov 199315961714.49$2,304
Oct 1993361115.85$48
Sep 1993457315.03$60
Aug 1993370015.66$47
Jul 1993270515.46$31
Jun 1993274916.79$34
May 199318888417.68$3,324
Apr 1993075418.05$0
Mar 1993198718.14$18
Feb 19937653117.90$1,360
Jan 1993180916.93$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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas       107 Mcf  × $  2.87 =       $307

────────────────────────────────────────────────────
Month total                                     $307

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/18960 is the state's own key, not one this site invented.