BENJAMIN

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 19650District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
OilDisposition120,921 bbl$3,746,640
Casinghead gasProduction499,988 Mcf$1,781,232
Total$5,527,872

108,104 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 30.1598, -96.9830. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.15978, -96.98304 · 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
7,808 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 7,808 ft.

Completions filed
Jul 1999
1 of 1 wells

1 well

42-2873207117,808 ftJul 1999

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 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 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
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 20232568785.443.09$22,141
Sep 20231829189.042.74$16,454
Aug 202302780.522.67$72
Jul 2023015774.852.64$415
Jun 2023010568.962.26$237
May 20239218570.622.23$6,909
Apr 2023018378.122.24$410
Mar 2023016472.852.39$392
Feb 2023017175.112.47$422
Jan 202318322776.533.39$14,774
Dec 2022022476.415.73$1,283
Nov 2022020885.005.65$1,174
Oct 2022016587.185.86$968
Sep 2022021584.888.16$1,755
Aug 2022022694.529.13$2,063
Jul 20220176101.587.54$1,327
Jun 2022177242115.097.98$22,301
May 20220242109.378.43$2,041
Apr 20220310104.226.84$2,120
Mar 20220156108.885.08$792
Feb 2022023791.054.86$1,152
Jan 202212626581.844.54$11,514
Dec 2021027171.323.90$1,057
Nov 2021025377.435.24$1,325
Oct 2021024279.795.71$1,383
Sep 202118428369.865.35$14,369
Aug 2021124666.024.22$1,104
Jul 2021024670.783.98$980
Jun 2021025369.493.38$855
May 2021021363.483.02$643
Apr 202117529260.362.76$11,368
Mar 2021027261.302.72$739
Feb 2021021057.805.55$1,165
Jan 2021020250.412.81$568
Dec 2020027344.642.68$730
Nov 2020128238.772.71$802
Oct 202017928136.972.48$7,314
Sep 2020028937.091.99$575
Aug 2020029139.982.39$694
Jul 2020032238.371.83$588
Jun 2020022334.901.69$377
May 2020022216.921.81$403
Apr 202012124314.751.80$2,223
Mar 2020031930.341.86$592
Feb 2020124549.881.98$535
Jan 202018123557.252.09$10,855
Dec 2019031959.012.30$735
Nov 2019030455.302.75$836
Oct 2019030053.472.42$726
Sep 2019034355.052.66$911
Aug 201917330253.112.30$9,884
Jul 2019038456.272.46$945
Jun 2019031652.782.49$787
May 2019028458.482.74$778
Apr 2019032562.632.75$894
Mar 201917024156.803.06$10,394
Feb 2019032150.852.79$896
Jan 2019033546.033.23$1,081
Dec 2018035246.594.19$1,473
Nov 2018016952.934.24$716
Oct 201818138761.443.40$12,436
Sep 2018031759.543.11$985
Aug 2018034459.403.07$1,055
Jul 2018039365.142.93$1,152
Jun 201816734260.183.08$11,102
May 2018034165.382.90$989
Apr 2018041063.842.90$1,189
Mar 2018046461.222.79$1,293
Feb 201816943261.782.77$11,636
Jan 2018035562.874.01$1,423
Dec 2017046257.272.92$1,350
Nov 2017054955.423.12$1,712
Oct 201716449949.292.98$9,572
Sep 2017044047.523.09$1,358
Aug 2017140545.373.00$1,262
Jul 2017044843.873.09$1,383
Jun 201717345842.493.09$8,765
May 2017038945.373.26$1,269
Apr 2017041947.933.21$1,346
Mar 201716537346.772.98$8,830
Feb 2017039850.452.95$1,175
Jan 2017039249.413.42$1,340
Dec 2016041048.763.72$1,526
Nov 2016041142.492.64$1,087
Oct 201616933646.193.09$8,844
Sep 2016045141.553.10$1,398
Aug 2016049041.442.92$1,433
Jul 201616444841.622.92$8,136
Jun 2016045145.352.69$1,211
May 2016046342.521.99$922
Apr 201616146936.561.99$6,820
Mar 2016051433.011.79$922
Feb 2016048326.472.06$997
Jan 201617949427.352.36$6,064
Dec 2015052032.362.00$1,041
Nov 2015053538.792.17$1,160
Oct 201517555343.552.43$8,963
Sep 2015053642.992.76$1,479
Aug 2015055440.162.87$1,591
Jul 2015056648.152.95$1,667
Jun 201518156756.152.88$11,798
May 2015051155.212.96$1,510
Apr 2015053249.822.71$1,440
Mar 201516956542.892.93$8,907
Feb 2015052044.662.98$1,548
Jan 201517854443.433.10$9,417
Dec 2014155854.693.59$2,059
Nov 2014053870.464.25$2,287
Oct 201418156578.303.90$16,376
Sep 2014055886.164.05$2,257
Aug 2014060389.394.04$2,433
Jul 201417354696.564.18$18,987
Jun 2014057898.164.74$2,738
May 2014054594.734.73$2,576
Apr 201417851795.944.81$19,564
Mar 2014158395.895.06$3,044
Feb 201417357097.406.19$20,380
Jan 2014064190.404.86$3,116
Dec 201317164491.824.35$18,506
Nov 2013063588.853.74$2,374
Oct 2013076997.423.78$2,906
Sep 2013172672104.113.72$20,405
Aug 20130791104.253.52$2,786
Jul 2013173716102.523.72$20,398
Jun 2013075494.403.93$2,966
May 201317467994.834.15$19,318
Apr 2013080793.964.28$3,456
Mar 201317793493.623.91$20,225
Feb 2013088591.233.42$3,027
Jan 20131731,02291.603.42$19,342
Dec 20121721,20986.773.42$19,059
Nov 20121771,60686.953.62$21,212
Oct 2012245889.383.40$1,736
Sep 201217780894.672.92$19,115
Aug 2012084292.662.91$2,449
Jul 201217987885.133.02$17,891
Jun 201217591079.822.52$16,261
May 201217492591.612.49$18,242
Apr 20120905101.652.00$1,807
Mar 2012176960105.052.22$20,622
Feb 20120919101.102.57$2,362
Jan 201217494398.092.73$19,646
Dec 201117594196.873.24$20,001
Nov 2011097295.723.31$3,219
Oct 20111741,02084.983.65$18,508
Sep 201117597183.623.99$18,504
Aug 2011096083.404.15$3,983
Jul 201116894394.144.52$20,075
Jun 201118194092.904.64$21,176
May 201101,01098.134.40$4,449
Apr 2011177932105.964.33$22,794
Mar 201117495096.364.06$20,621
Feb 201117779685.644.18$18,486
Jan 2011193886.504.59$4,391
Dec 20101751,04385.734.35$19,537
Nov 201017499880.843.80$17,854
Oct 20101731,06078.103.51$17,231
Sep 201001,01072.633.98$4,019
Aug 20101731,08173.684.42$17,524
Jul 20101691,02172.554.74$17,097
Jun 20101751,02770.364.91$17,356
May 201001,08071.124.24$4,574
Apr 20101731,08481.694.12$18,601
Mar 201018882878.394.39$18,371
Feb 201017292873.585.44$17,706
Jan 201018395174.365.96$19,280
Dec 2009095971.445.48$5,259
Nov 200918098174.593.75$17,106
Oct 20091771,12972.544.11$17,480
Sep 20091741,05465.543.06$14,634
Aug 20091731,14667.423.22$15,352
Jul 20091761,19161.133.46$14,885
Jun 200901,15266.163.90$4,487
May 20091751,17754.743.93$14,200
Apr 20091681,05346.773.59$11,635
Mar 20091761,16842.144.06$12,158
Feb 20091841,03632.814.63$10,837
Jan 20091841,15535.865.37$12,802
Dec 20081821,13137.105.98$13,512
Nov 20081821,09155.496.86$17,584
Oct 2008096575.246.92$6,680
Sep 2008181856101.767.88$25,161
Aug 20081831,186114.228.48$30,963
Jul 20081801,211131.0811.39$37,387
Jun 20081741,194131.3313.03$38,412
May 20081801,195123.1711.57$36,002
Apr 20081841,137110.3110.45$32,184
Mar 20081761,180101.909.66$29,338
Feb 20081791,17392.538.77$26,851
Jan 20081761,25590.388.21$26,205
Dec 20071771,19888.337.30$24,382
Nov 20071791,26091.677.29$25,596
Oct 20071781,28982.856.92$23,670
Sep 20071771,27875.846.24$21,404
Aug 20071811,31369.066.39$20,887
Jul 20071781,34870.906.39$21,231
Jun 20071821,32262.007.55$21,263
May 20071791,30958.747.85$20,785
Apr 20071761,29459.617.81$20,591
Mar 20071811,30656.927.30$19,839
Feb 20071791,18055.108.22$19,558
Jan 20073541,34050.306.73$26,820
Dec 20061791,31556.656.92$19,238
Nov 20061791,36554.207.62$20,100
Oct 20061801,41254.906.01$18,373
Sep 20061791,40860.085.04$17,847
Aug 20061741,41468.717.34$22,334
Jul 20061731,90769.376.34$24,097
Jun 20063411,31866.286.38$31,015
May 20061741,43866.016.42$20,725
Apr 20061771,40564.397.36$21,739
Mar 20061791,45756.707.08$20,469
Feb 20063561,36057.597.75$31,044
Jan 20061791,37660.598.93$23,138
Dec 20051791,43954.9413.42$29,139
Nov 20051811,43054.6910.59$25,040
Oct 20053551,52758.3413.80$41,777
Sep 20051751,40161.4512.08$27,676
Aug 20051801,63461.519.80$27,080
Jul 20053531,39555.697.84$30,600
Jun 20051811,52252.337.38$20,706
May 20051791,56445.226.65$18,497
Apr 20053541,73549.207.36$30,187
Mar 200517699250.377.15$15,963
Feb 20051761,34745.226.31$16,461
Jan 20053571,53343.166.32$25,100
Dec 20041761,42239.866.75$16,615
Nov 20043561,45045.286.33$25,299
Oct 20041721,64649.706.52$19,272
Sep 20043591,73843.245.28$24,707
Aug 20041731,78642.375.55$17,243
Jul 20043501,02738.286.08$19,646
Jun 20043531,83536.106.43$24,548
May 20041772,25937.486.49$21,305
Apr 20043521,35734.475.86$20,083
Mar 20043571,95534.365.53$23,078
Feb 20041781,76232.455.51$15,484
Jan 20043551,93132.036.30$23,535
Dec 20033521,93930.266.30$22,870
Nov 20031751,90428.804.60$13,789
Oct 20033842,12228.174.76$20,917
Sep 20033801,98726.314.75$19,435
Aug 20031912,17629.765.13$16,846
Jul 20033792,20929.415.17$22,569
Jun 20033792,12428.565.98$23,532
May 20033702,31326.595.97$23,653
Apr 20033742,28926.675.41$22,352
Mar 20033852,38031.146.10$26,497
Feb 20033792,22833.487.93$30,348
Jan 20033762,50730.315.58$25,391
Dec 20023802,63426.914.85$23,011
Nov 20023802,83424.664.14$21,095
Oct 20025643,07826.464.23$27,941
Sep 20025643,03427.443.64$26,505
Aug 20023752,76725.963.16$18,490
Jul 20023801,63124.583.06$14,334
Jun 20023692,25623.733.34$16,287
May 20025692,02024.663.58$21,271
Apr 20023822,84023.653.51$19,009
Mar 20025682,47222.003.10$20,166
Feb 20025682,44218.222.38$16,150
Jan 20025742,75517.172.38$16,401
Dec 20017722,94716.932.36$20,038
Nov 20015752,50918.072.41$16,426
Oct 20015732,53719.782.53$17,750
Sep 20015652,54424.262.25$19,434
Aug 20017663,56324.873.05$29,929
Jul 20017522,68223.933.20$26,570
Jun 20015722,26124.563.82$22,695
May 20017633,29025.524.31$33,643
Apr 20017623,92824.685.34$39,763
Mar 20017743,47424.545.38$37,672
Feb 20019763,38427.755.77$46,600
Jan 20019754,74927.478.40$66,669
Dec 20009784,28626.889.12$65,388
Nov 20009653,73432.215.66$52,210
Oct 20009562,36031.235.15$41,999
Sep 20005591,66231.875.19$26,435
Aug 20005601,75929.644.54$24,586
Jul 20007372,59428.534.09$31,635
Jun 20001,1153,91129.304.40$49,867
May 20001,4964,24927.263.68$56,416
Apr 20001,5124,52624.513.12$51,162
Mar 20001,6984,51628.422.86$61,172
Feb 20001,6994,16227.622.73$58,274
Jan 20002,4115,87525.272.48$75,499
Dec 19993,3945,79324.282.42$96,447
Nov 19994,2114,05123.192.43$107,513
Oct 19995,2294,90220.982.80$123,448
Sep 19996,2927,15121.752.62$155,578
Aug 19997,7918,80619.262.88$175,377
Jul 199914,44218,44217.892.37$302,119
Jun 1999414615.942.36$762
May 199916355615.792.32$3,864
Apr 199918852915.102.21$4,007
Mar 1999038812.471.84$713
Feb 199904399.981.82$798
Jan 199918955610.381.90$3,018
Dec 199804239.201.77$750
Nov 1998053910.892.19$1,178
Oct 199818233112.421.97$2,912
Sep 1998060512.592.08$1,260
Aug 199818768011.301.91$3,410
Jul 1998066011.742.24$1,477
Jun 199818263011.242.24$3,455
May 1998073212.622.21$1,615
Apr 199819455013.042.51$3,908
Mar 1998092012.802.31$2,125
Feb 199818932613.952.30$3,386
Jan 1998077814.702.15$1,676
Dec 199719775616.322.41$5,038
Nov 1997081218.193.09$2,508
Oct 199717293319.253.15$6,250
Sep 1997089317.742.95$2,639
Aug 199718091317.862.55$5,547
Jul 1997092817.582.25$2,085
Jun 199718498817.242.26$5,402
May 19971761,19118.972.31$6,088
Apr 1997063017.882.08$1,312
Mar 19971831,02618.951.94$5,457
Feb 1997093920.492.21$2,071
Jan 19971561,06223.483.54$7,422
Dec 19961871,06523.32$4,361
Nov 19961871,13921.97$4,108
Oct 19961781,19623.31$4,149
Sep 199601,18822.22$0
Aug 19961511,31520.26$3,059
Jul 19961531,34619.55$2,991
Jun 19961721,33218.73$3,222
May 19961811,46019.43$3,517
Apr 19961841,21821.51$3,958
Mar 19961891,46619.38$3,663
Feb 19961711,45516.98$2,904
Jan 19961351,67017.07$2,304
Dec 19953741,61217.19$6,429
Nov 199501,62816.00$0
Oct 19953271,97515.43$5,046
Sep 19951871,64816.18$3,026
Aug 19951252,15315.92$1,990
Jul 19953722,37015.24$5,669
Jun 19953622,17316.41$5,940
May 19951852,00617.56$3,249
Apr 199537688317.73$6,666
Mar 19951861,55316.44$3,058
Feb 19953761,43516.58$6,234
Jan 19953752,42015.92$5,970
Dec 19945462,41115.03$8,206
Nov 19943752,45115.90$5,963
Oct 19943792,38415.58$5,905
Sep 19945543,03815.29$8,471
Aug 19945612,62216.13$9,049
Jul 19941,3025,26817.56$22,863
Jun 19942,2348,44717.09$38,179
May 19941,3043,34815.88$20,708
Apr 19941862,25214.14$2,630
Mar 19943352,72612.46$4,174
Feb 19943732,60812.50$4,663
Jan 19941892,78312.66$2,393
Dec 19933752,79812.33$4,624
Nov 19933742,81214.49$5,419
Oct 19933712,52015.85$5,880
Sep 19933582,37215.03$5,381
Aug 19933582,42115.66$5,606
Jul 19933632,44015.46$5,612
Jun 19933622,51316.79$6,078
May 19933642,67617.68$6,436
Apr 19933722,46818.05$6,715
Mar 19933672,46318.14$6,657
Feb 19933402,23317.90$6,086
Jan 19933692,34416.93$6,247

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 2023 — as filed, then multipliedworked
Oil                  256 bbl  × $ 85.44 =    $21,873
Casinghead gas        87 Mcf  × $  3.09 =       $269

────────────────────────────────────────────────────
Month total                                  $22,141

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/19650 is the state's own key, not one this site invented.