GIDDINGS BUFFALO UNIT #1

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 19433District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$371
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
OilDisposition18,466 bbl$660,851
Casinghead gasProduction318,136 Mcf$946,639
Total$1,607,490

91,468 Mcf of this lease's gas, across 44 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 30.1811, -96.9646. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.18115, -96.96459 · 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
8,070 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 8,070 ft.

Completions filed
Sep 1992
1 of 1 wells

1 well

42-2873195918,070 ftSep 1992

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 20252059.383.30$119
Sep 20253062.743.08$188
Aug 20251063.933.01$64
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20252067.704.27$135
Feb 20253070.884.34$213
Jan 20251074.324.28$74
Dec 202401968.993.12$59
Nov 202413369.052.20$142
Oct 202418171.372.28$256
Sep 2024012569.612.36$296
Aug 202405975.632.06$122
Jul 202408879.932.15$189
Jun 202429278.082.63$398
May 2024025378.812.20$556
Apr 202404284.451.66$70
Mar 202418218180.301.55$14,894
Feb 2024021776.091.78$387
Jan 2024019373.023.30$636
Dec 2023035771.262.61$932
Nov 2023012977.892.81$362
Oct 2023227985.443.09$1,032
Sep 2023128089.042.74$855
Aug 2023022480.522.67$599
Jul 2023029774.852.64$785
Jun 2023134768.962.26$853
May 2023037570.622.23$835
Apr 202317624278.122.24$14,291
Mar 2023146972.852.39$1,195
Feb 2023038375.112.47$944
Jan 202317544476.533.39$14,897
Dec 2022082076.415.73$4,698
Nov 2022010285.005.65$576
Oct 202203887.185.86$223
Sep 202208584.888.16$694
Aug 2022020694.529.13$1,880
Jul 20220183101.587.54$1,380
Jun 20220240115.097.98$1,915
May 20220261109.378.43$2,201
Apr 20220143104.226.84$978
Mar 20220186108.885.08$944
Feb 2022038791.054.86$1,880
Jan 202207581.844.54$340
Dec 202114971.323.90$262
Nov 2021038977.435.24$2,037
Oct 2021023879.795.71$1,360
Sep 2021033269.865.35$1,777
Aug 20210066.024.22$0
Jul 2021021470.783.98$852
Jun 2021022569.493.38$761
May 2021027763.483.02$836
Apr 20210060.362.76$0
Mar 20211813461.302.72$11,188
Feb 202103757.805.55$205
Jan 2021039050.412.81$1,096
Dec 2020026444.642.68$706
Nov 2020011638.772.71$314
Oct 2020015736.972.48$389
Sep 2020028337.091.99$563
Aug 2020010739.982.39$255
Jul 2020033238.371.83$606
Jun 2020024834.901.69$419
May 2020027116.921.81$492
Apr 2020031314.751.80$565
Mar 2020021930.341.86$407
Feb 2020027549.881.98$545
Jan 2020025157.252.09$526
Dec 201916828859.012.30$10,577
Nov 2019029355.302.75$806
Oct 2019030053.472.42$726
Sep 2019026655.052.66$707
Aug 2019029253.112.30$673
Jul 2019028156.272.46$691
Jun 2019027552.782.49$685
May 201917829358.482.74$11,212
Apr 2019028162.632.75$773
Mar 2019028956.803.06$885
Feb 2019026050.852.79$726
Jan 2019028546.033.23$920
Dec 2018028146.594.19$1,176
Nov 2018026952.934.24$1,140
Oct 2018028261.443.40$958
Sep 2018028659.543.11$889
Aug 2018028959.403.07$886
Jul 201818329265.142.93$12,777
Jun 2018028860.183.08$886
May 2018030865.382.90$893
Apr 2018028263.842.90$818
Mar 2018031961.222.79$889
Feb 2018026061.782.77$719
Jan 2018026162.874.01$1,046
Dec 2017030057.272.92$876
Nov 2017029955.423.12$932
Oct 201719733249.292.98$10,701
Sep 2017034247.523.09$1,056
Aug 2017025645.373.00$769
Jul 2017032243.873.09$994
Jun 2017030142.493.09$929
May 2017033845.373.26$1,103
Apr 2017032847.933.21$1,053
Mar 2017033546.772.98$1,000
Feb 2017030150.452.95$889
Jan 2017034049.413.42$1,162
Dec 2016034148.763.72$1,269
Nov 201618833342.492.64$8,869
Oct 2016034246.193.09$1,057
Sep 2016033641.553.10$1,042
Aug 2016036241.442.92$1,059
Jul 2016036341.622.92$1,062
Jun 2016034945.352.69$937
May 2016034842.521.99$693
Apr 2016034736.561.99$691
Mar 2016036233.011.79$649
Feb 2016031926.472.06$658
Jan 2016036127.352.36$854
Dec 2015035132.362.00$702
Nov 201518734138.792.17$7,993
Oct 2015037543.552.43$910
Sep 2015036442.992.76$1,004
Aug 2015036940.162.87$1,060
Jul 2015041748.152.95$1,228
Jun 2015035856.152.88$1,032
May 2015037255.212.96$1,099
Apr 2015034349.822.71$928
Mar 2015043342.892.93$1,271
Feb 201518030744.662.98$8,952
Jan 2015035543.433.10$1,101
Dec 2014037654.693.59$1,350
Nov 2014036970.464.25$1,569
Oct 2014035878.303.90$1,397
Sep 2014038386.164.05$1,549
Aug 2014038289.394.04$1,541
Jul 201418140096.564.18$19,149
Jun 2014035198.164.74$1,663
May 2014037394.734.73$1,763
Apr 2014039395.944.81$1,890
Mar 2014037095.895.06$1,871
Feb 2014034297.406.19$2,118
Jan 201419235790.404.86$19,092
Dec 2013039291.824.35$1,707
Nov 2013036588.853.74$1,364
Oct 2013056897.423.78$2,147
Sep 20130185104.113.72$688
Aug 20130470104.253.52$1,656
Jul 20130559102.523.72$2,078
Jun 201315157394.403.93$16,508
May 2013026694.834.15$1,104
Apr 2013022593.964.28$964
Mar 2013044793.623.91$1,749
Feb 2013038891.233.42$1,327
Jan 2013043191.603.42$1,474
Dec 201217145786.773.42$16,401
Nov 2012055686.953.62$2,015
Oct 2012025589.383.40$867
Sep 2012067594.672.92$1,970
Aug 2012034092.662.91$989
Jul 2012052585.133.02$1,586
Jun 201218453579.822.52$16,035
May 2012054091.612.49$1,344
Apr 20120487101.652.00$972
Mar 20120510105.052.22$1,133
Feb 20120499101.102.57$1,283
Jan 201201,25298.092.73$3,423
Dec 201118299196.873.24$20,841
Nov 2011070695.723.31$2,338
Oct 2011052484.983.65$1,912
Sep 2011061583.623.99$2,451
Aug 2011045983.404.15$1,905
Jul 201117946594.144.52$18,952
Jun 2011057692.904.64$2,673
May 2011054398.134.40$2,392
Apr 20110521105.964.33$2,258
Mar 2011054196.364.06$2,195
Feb 201118848385.644.18$18,119
Jan 2011076586.504.59$3,510
Dec 201009085.734.35$391
Nov 2010051280.843.80$1,943
Oct 2010052678.103.51$1,846
Sep 2010054672.633.98$2,173
Aug 2010056973.684.42$2,515
Jul 201018860072.554.74$16,481
Jun 2010054370.364.91$2,666
May 2010069171.124.24$2,927
Apr 2010045281.694.12$1,863
Mar 2010058678.394.39$2,572
Feb 2010058173.585.44$3,162
Jan 201019355574.365.96$17,662
Dec 2009055771.445.48$3,054
Nov 2009057974.593.75$2,172
Oct 2009063872.544.11$2,622
Sep 2009055465.543.06$1,698
Aug 2009041967.423.22$1,349
Jul 200918777461.133.46$14,113
Jun 2009076066.163.90$2,960
May 2009080454.743.93$3,156
Apr 2009068546.773.59$2,457
Mar 2009067442.144.06$2,736
Feb 2009061932.814.63$2,868
Jan 200919668435.865.37$10,702
Dec 2008064437.105.98$3,849
Nov 2008049555.496.86$3,396
Oct 2008065575.246.92$4,534
Sep 20080675101.767.88$5,317
Aug 2008194621114.228.48$27,427
Jul 20080713131.0811.39$8,121
Jun 20080719131.3313.03$9,370
May 20080713123.1711.57$8,252
Apr 20080659110.3110.45$6,890
Mar 20080722101.909.66$6,977
Feb 200819461292.538.77$23,318
Jan 2008066490.388.21$5,449
Dec 2007068788.337.30$5,016
Nov 2007066091.677.29$4,813
Oct 2007071282.856.92$4,928
Sep 2007070975.846.24$4,427
Aug 200719380069.066.39$18,439
Jul 2007170670.906.39$4,581
Jun 2007071162.007.55$5,367
May 2007176858.747.85$6,085
Apr 2007074459.617.81$5,807
Mar 200719679556.927.30$16,961
Feb 2007070455.108.22$5,784
Jan 2007065750.306.73$4,420
Dec 2006067156.656.92$4,642
Nov 200618668854.207.62$15,322
Oct 2006169554.906.01$4,234
Sep 2006070360.085.04$3,541
Aug 2006073468.717.34$5,388
Jul 2006074469.376.34$4,719
Jun 2006072866.286.38$4,647
May 200617974566.016.42$16,602
Apr 2006072364.397.36$5,322
Mar 2006076456.707.08$5,411
Feb 2006167857.597.75$5,313
Jan 200618376760.598.93$17,940
Dec 2005075954.9413.42$10,182
Nov 2005080554.6910.59$8,524
Oct 2005083358.3413.80$11,492
Sep 2005179361.4512.08$9,640
Aug 200515487661.519.80$18,055
Jul 200501,17355.697.84$9,201
Jun 20051701,22752.337.38$17,953
May 200511945.226.65$172
Apr 2005037549.207.36$2,760
Mar 2005165250.377.15$4,715
Feb 2005068545.226.31$4,324
Jan 200518073243.166.32$12,397
Dec 2004375339.866.75$5,203
Nov 2004074445.286.33$4,710
Oct 200418099349.706.52$15,415
Sep 2004074143.245.28$3,915
Aug 2004182942.375.55$4,644
Jul 2004099538.286.08$6,054
Jun 200415295136.106.43$11,605
May 2004199937.486.49$6,526
Apr 200401,01934.475.86$5,970
Mar 200411,09234.365.53$6,073
Feb 200415851632.455.51$7,970
Jan 200418797432.036.30$12,125
Dec 2003089630.266.30$5,646
Nov 2003385028.804.60$3,992
Oct 200331,06628.174.76$5,158
Sep 200301,12326.314.75$5,334
Aug 200318580929.765.13$9,656
Jul 200301,17529.415.17$6,076
Jun 200311,11928.565.98$6,723
May 2003174726.595.97$4,488
Apr 200318395626.675.41$10,050
Mar 200311,02631.146.10$6,286
Feb 2003093433.487.93$7,403
Jan 20031841,11730.315.58$11,812
Dec 2002097926.914.85$4,752
Nov 200201,07524.664.14$4,447
Oct 200201,26226.464.23$5,337
Sep 20021611,40527.443.64$9,525
Aug 200201,11725.963.16$3,534
Jul 2002094624.583.06$2,896
Jun 200217373323.733.34$6,552
May 2002096324.663.58$3,451
Apr 200201,69123.653.51$5,939
Mar 2002058722.003.10$1,821
Feb 20021841,27618.222.38$6,384
Jan 2002084917.172.38$2,017
Dec 200101,19616.932.36$2,828
Nov 2001081118.072.41$1,951
Oct 200116476819.782.53$5,186
Sep 200101,07124.262.25$2,411
Aug 20011771,29624.873.05$8,359
Jul 20013491,65923.933.20$13,656
Jun 200101,72924.563.82$6,612
May 200102,45725.524.31$10,583
Apr 200111,92424.685.34$10,290
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001023427.478.40$1,965
Dec 2000065226.889.12$5,948
Nov 2000120732.215.66$1,203
Oct 20001741,13431.235.15$11,269
Sep 20001821,78131.875.19$15,038
Aug 200002,21629.644.54$10,062
Jul 2000059828.534.09$2,446
Jun 2000064429.304.40$2,832
May 2000164627.263.68$2,404
Apr 2000192524.513.12$2,907
Mar 2000082328.422.86$2,354
Feb 2000046727.622.73$1,273
Jan 20001801,31425.272.48$7,808
Dec 199901,42024.282.42$3,442
Nov 199901,46523.192.43$3,566
Oct 19991801,59720.982.80$8,254
Sep 199901,65321.752.62$4,329
Aug 19993461,57019.262.88$11,179
Jul 199901,59017.892.37$3,772
Jun 1999075715.942.36$1,788
May 199901,31515.792.32$3,052
Apr 19991801,57715.102.21$6,200
Mar 199901,84812.471.84$3,397
Feb 199901,1459.981.82$2,081
Jan 19991761,56410.381.90$4,798
Dec 19981771,5819.201.77$4,432
Nov 199801,70610.892.19$3,729
Oct 19981791,81412.421.97$5,795
Sep 19983531,96112.592.08$8,528
Aug 199802,81811.301.91$5,375
Jul 199817582511.742.24$3,900
Jun 199801,77811.242.24$3,978
May 19981852,25812.622.21$7,317
Apr 19983682,73713.042.51$11,656
Mar 199801,47112.802.31$3,397
Feb 1998096513.952.30$2,219
Jan 19983642,42214.702.15$10,570
Dec 199701,27016.322.41$3,062
Nov 199701,62718.193.09$5,025
Oct 199702,22919.253.15$7,021
Sep 19973652,07317.742.95$12,601
Aug 199702,38717.862.55$6,098
Jul 199702,37217.582.25$5,330
Jun 199702,01017.242.26$4,537
May 19973592,10218.972.31$11,663
Apr 199702,15017.882.08$4,478
Mar 199701,89318.951.94$3,671
Feb 19973621,66020.492.21$11,079
Jan 199701,82623.483.54$6,463
Dec 199601,83223.32$0
Nov 199602,00821.97$0
Oct 19963631,99323.31$8,462
Sep 199601,92122.22$0
Aug 199602,26920.26$0
Jul 199602,06419.55$0
Jun 199602,02818.73$0
May 19963572,37319.43$6,937
Apr 19965342,92121.51$11,486
Mar 199602,83919.38$0
Feb 199602,97616.98$0
Jan 199601,35117.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 1995072715.43$0
Sep 199501,23716.18$0
Aug 19950015.92$0
Jul 19953582,55215.24$5,456
Jun 199502,48316.41$0
May 19951812,62017.56$3,178
Apr 199502,58217.73$0
Mar 199503,26216.44$0
Feb 199518517016.58$3,067
Jan 199514215.92$16
Dec 199402,20415.03$0
Nov 19943602,04515.90$5,724
Oct 19945492,93115.58$8,553
Sep 19945322,89215.29$8,134
Aug 19941832,17816.13$2,952
Jul 199401,56717.56$0
Jun 19941781,40117.09$3,042
May 19943582,91815.88$5,685
Apr 1994089514.14$0
Mar 199403,10912.46$0
Feb 199401,55712.50$0
Jan 19940012.66$0
Dec 19933021,09812.33$3,724
Nov 199322,04314.49$29
Oct 199302,20415.85$0
Sep 1993811,91515.03$1,217
Aug 199301,14815.66$0
Jul 19931622,32015.46$2,505
Jun 19933002,74216.79$5,037
May 19931122,72917.68$1,980
Apr 199301,01318.05$0
Mar 19933702,62418.14$6,712
Feb 199322,59617.90$36
Jan 19931903,08916.93$3,217

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.

Oct 2025 — as filed, then multipliedworked
Oil                    2 bbl  × $ 59.38 =       $119
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                     $119

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/19433 is the state's own key, not one this site invented.