VECERA HEIRS

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 20324District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$9.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$66 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
OilDisposition86,834 bbl$3,884,830
Casinghead gasProduction1,038,876 Mcf$5,382,434
Total$9,267,264

62,555 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 29.9235, -96.9240. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.92351, -96.92398 · 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
10,400 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 10,400 ft.

Completions filed
May 2003
1 of 1 wells

1 well

42-14932280110,400 ftMay 2003

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 20260473106.413.05$1,441
Apr 202616558498.932.87$17,999
Mar 2026075489.753.15$2,375
Feb 2026057563.503.75$2,156
Jan 2026057159.138.00$4,567
Dec 202518056656.664.41$12,697
Nov 2025077158.593.93$3,027
Oct 2025054259.383.30$1,791
Sep 2025058262.743.08$1,791
Aug 2025058563.933.01$1,764
Jul 202518079066.743.32$14,632
Jun 2025062466.483.13$1,952
May 202517982660.553.23$13,508
Apr 2025065762.363.54$2,328
Mar 2025061167.704.27$2,608
Feb 2025068470.884.34$2,969
Jan 20250074.324.28$0
Dec 2024033168.993.12$1,033
Nov 2024061969.052.20$1,361
Oct 2024074171.372.28$1,691
Sep 202418053269.612.36$13,788
Aug 2024082875.632.06$1,709
Jul 2024058179.932.15$1,247
Jun 2024078278.082.63$2,060
May 202401,02778.812.20$2,258
Apr 20241799784.451.66$15,277
Mar 2024082080.301.55$1,267
Feb 2024055976.091.78$997
Jan 2024080473.023.30$2,651
Dec 2023067771.262.61$1,767
Nov 202315867677.892.81$14,205
Oct 2023083885.443.09$2,587
Sep 2023068189.042.74$1,863
Aug 202317966280.522.67$16,183
Jul 2023060574.852.64$1,598
Jun 2023168068.962.26$1,605
May 2023096170.622.23$2,141
Apr 2023079678.122.24$1,781
Mar 202311,06572.852.39$2,622
Feb 202317994575.112.47$15,775
Jan 2023099376.533.39$3,364
Dec 2022187276.415.73$5,072
Nov 2022276585.005.65$4,489
Oct 20221811,01287.185.86$21,714
Sep 2022095284.888.16$7,772
Aug 2022078994.529.13$7,201
Jul 202201,095101.587.54$8,259
Jun 2022168980115.097.98$27,153
May 20220930109.378.43$7,843
Apr 202211,002104.226.84$6,956
Mar 20220986108.885.08$5,005
Feb 202217188591.054.86$19,870
Jan 202201,07881.844.54$4,892
Dec 202101,20571.323.90$4,698
Nov 2021099277.435.24$5,195
Oct 20211791,07079.795.71$20,396
Sep 202101,14069.865.35$6,100
Aug 202101,15266.024.22$4,862
Jul 2021090870.783.98$3,616
Jun 20211731,07469.493.38$15,653
May 202111,17663.483.02$3,612
Apr 2021199060.362.76$2,791
Mar 20211721,07261.302.72$13,456
Feb 2021091057.805.55$5,049
Jan 202101,17850.412.81$3,311
Dec 20201831,52044.642.68$12,236
Nov 2020069838.772.71$1,889
Oct 2020064236.972.48$1,591
Sep 2020079737.091.99$1,587
Aug 2020198439.982.39$2,387
Jul 20201701,13038.371.83$8,585
Jun 202011,09534.901.69$1,886
May 202021,14216.921.81$2,106
Apr 20201871,10814.751.80$4,758
Mar 202061,25130.341.86$2,504
Feb 202011,35449.881.98$2,732
Jan 20201811,49057.252.09$13,483
Dec 201901,52059.012.30$3,503
Nov 2019082355.302.75$2,264
Oct 201917085753.472.42$11,163
Sep 2019086955.052.66$2,309
Aug 2019195453.112.30$2,251
Jul 2019064156.272.46$1,577
Jun 201917872152.782.49$11,191
May 201901,10358.482.74$3,023
Apr 201901,16062.632.75$3,191
Mar 20191821,17956.803.06$13,948
Feb 201911,09350.852.79$3,103
Jan 201911,17146.033.23$3,826
Dec 20181721,20646.594.19$13,061
Nov 201811,16852.934.24$5,002
Oct 201801,25761.443.40$4,271
Sep 201801,14159.543.11$3,546
Aug 20181721,18459.403.07$13,848
Jul 2018431,18865.142.93$6,284
Jun 201801,13860.183.08$3,502
May 201811,29365.382.90$3,816
Apr 20181761,25763.842.90$14,882
Mar 201801,22361.222.79$3,408
Feb 2018651,11861.782.77$7,108
Jan 20181771,51462.874.01$17,198
Dec 201701,13257.272.92$3,307
Nov 2017541,20855.423.12$6,760
Oct 20171711,56549.292.98$13,098
Sep 201702,26247.523.09$6,983
Aug 201717277345.373.00$10,126
Jul 2017051943.873.09$1,602
Jun 2017231,01142.493.09$4,099
May 20172111,29745.373.26$13,806
Apr 201701,07147.933.21$3,440
Mar 201701,25646.772.98$3,748
Feb 20171771,15550.452.95$12,340
Jan 2017097749.413.42$3,340
Dec 20161671,09348.763.72$12,212
Nov 2016099842.492.64$2,639
Oct 201601,23046.193.09$3,801
Sep 201601,11541.553.10$3,457
Aug 20161631,15941.442.92$10,144
Jul 201611,76241.622.92$5,194
Jun 201616994545.352.69$10,202
May 201601,45742.521.99$2,901
Apr 20161641,33036.561.99$8,644
Mar 201601,75033.011.79$3,140
Feb 20161811,89726.472.06$8,706
Jan 2016075027.352.36$1,773
Dec 20151561,09732.362.00$7,244
Nov 2015092638.792.17$2,007
Oct 201517567343.552.43$9,254
Sep 2015098042.992.76$2,703
Aug 201501,23740.162.87$3,553
Jul 20151691,34748.152.95$12,104
Jun 201501,15956.152.88$3,341
May 201501,46055.212.96$4,315
Apr 20151591,52549.822.71$12,049
Mar 201501,62842.892.93$4,778
Feb 20151691,46444.662.98$11,905
Jan 201501,48543.433.10$4,604
Dec 20141741,63654.693.59$15,392
Nov 2014751,72170.464.25$12,602
Oct 20141822,01778.303.90$22,119
Sep 201422,34286.164.05$9,647
Aug 20141731,28189.394.04$20,633
Jul 2014088696.564.18$3,703
Jun 201401,16998.164.74$5,537
May 20141801,94094.734.73$26,221
Apr 201401,80695.944.81$8,685
Mar 20141741,86295.895.06$26,101
Feb 201401,71597.406.19$10,619
Jan 20141791,65290.404.86$24,212
Dec 201301,82491.824.35$7,943
Nov 20131741,73888.853.74$21,957
Oct 201312,02097.423.78$7,732
Sep 20131661,975104.113.72$24,625
Aug 20131762,011104.253.52$25,432
Jul 201302,172102.523.72$8,075
Jun 20131681,37594.403.93$21,268
May 201301,96994.834.15$8,170
Apr 20131791,17693.964.28$21,855
Mar 201301,98993.623.91$7,783
Feb 20131811,89291.233.42$22,983
Jan 201311,97091.603.42$6,829
Dec 20121621,84686.773.42$20,370
Nov 20121791,89886.953.62$22,444
Oct 201212,36989.383.40$8,143
Sep 20121771,72494.672.92$21,788
Aug 201212,07592.662.91$6,127
Jul 20121862,33685.133.02$22,891
Jun 201222,02979.822.52$5,271
May 20121672,33391.612.49$21,104
Apr 201222,130101.652.00$4,456
Mar 20121812,467105.052.22$24,496
Feb 20121702,219101.102.57$22,890
Jan 201202,31998.092.73$6,340
Dec 20111812,47796.873.24$25,558
Nov 20111802,55695.723.31$25,693
Oct 201112,65584.983.65$9,772
Sep 20111702,59283.623.99$24,547
Aug 20111742,86483.404.15$26,395
Jul 201102,81394.144.52$12,707
Jun 20111652,51692.904.64$27,002
May 20111693,35598.134.40$31,362
Apr 20111832,770105.964.33$31,394
Mar 201102,45096.364.06$9,940
Feb 20111822,07585.644.18$24,260
Jan 20111503,15386.504.59$27,443
Dec 20101832,47185.734.35$26,432
Nov 20101813,07180.843.80$26,288
Oct 201011,99978.103.51$7,092
Sep 20101792,56472.633.98$23,204
Aug 20101823,00673.684.42$26,694
Jul 20101793,00572.554.74$27,220
Jun 201021,73570.364.91$8,660
May 20103613,28071.124.24$39,566
Apr 201012,74081.694.12$11,378
Mar 20101703,29578.394.39$27,787
Feb 20101833,83373.585.44$34,326
Jan 20101732,00874.365.96$24,840
Dec 20091842,58471.445.48$27,315
Nov 20091812,95374.593.75$24,579
Oct 20091742,81172.544.11$24,176
Sep 20091832,88965.543.06$20,848
Aug 20091723,16467.423.22$21,780
Jul 20093542,93161.133.46$31,794
Jun 200901,40666.163.90$5,476
May 20091822,64554.743.93$20,346
Apr 20091773,26346.773.59$19,984
Mar 20091753,83142.144.06$22,925
Feb 20091782,17832.814.63$15,931
Jan 20091892,41235.865.37$19,732
Dec 20081893,06937.105.98$25,356
Nov 20081822,41555.496.86$26,667
Oct 20081813,33075.246.92$36,669
Sep 20081662,290101.767.88$34,931
Aug 20081903,056114.228.48$47,626
Jul 20081813,259131.0811.39$60,844
Jun 20081872,981131.3313.03$63,409
May 20081823,599123.1711.57$64,073
Apr 20083773,981110.3110.45$83,208
Mar 20081843,117101.909.66$48,873
Feb 20081853,82292.538.77$50,639
Jan 20081904,18990.388.21$51,546
Dec 20073674,20588.337.30$63,122
Nov 20071864,11891.677.29$47,078
Oct 20071834,06082.856.92$43,265
Sep 20073633,38075.846.24$48,635
Aug 20073755,99169.066.39$64,168
Jul 20073505,79470.906.39$61,827
Jun 20073695,65862.007.55$65,587
May 20073583,95858.747.85$52,085
Apr 20071833,95559.617.81$41,778
Mar 20073714,35756.927.30$52,932
Feb 20073733,81555.108.22$51,896
Jan 20073664,49650.306.73$48,654
Dec 20063654,38456.656.92$51,008
Nov 20063694,50154.207.62$54,286
Oct 20063544,15854.906.01$44,440
Sep 20063684,11160.085.04$42,817
Aug 20063644,68368.717.34$59,383
Jul 20063684,91269.376.34$56,684
Jun 20063694,93366.286.38$55,949
May 20063485,41266.016.42$57,744
Apr 20063485,10764.397.36$59,998
Mar 20065525,52556.707.08$70,432
Feb 20061784,85157.597.75$47,852
Jan 20065346,26160.598.93$88,287
Dec 20057326,68254.9413.42$129,858
Nov 20053686,54954.6910.59$89,469
Oct 20055466,77158.3413.80$125,265
Sep 20055546,83061.4512.08$116,543
Aug 20055567,38861.519.80$106,579
Jul 20057377,61355.697.84$100,757
Jun 20057288,35652.337.38$99,772
May 20055349,14545.226.65$84,972
Apr 20057298,38649.207.36$97,592
Mar 20058979,47650.377.15$112,982
Feb 20057288,75745.226.31$88,194
Jan 20059019,42643.166.32$98,480
Dec 20041,26910,60339.866.75$122,164
Nov 20041,09510,13645.286.33$113,747
Oct 20041,08310,41049.706.52$121,647
Sep 20048949,99643.245.28$91,474
Aug 200491011,28842.375.55$101,213
Jul 20041,10211,98238.286.08$115,085
Jun 20041,24512,07936.106.43$122,649
May 20041,26313,13037.486.49$132,611
Apr 20041,27113,02634.475.86$120,124
Mar 20041,62815,88534.365.53$143,784
Feb 20041,44714,95832.455.51$129,368
Jan 20041,97319,08232.036.30$183,405
Dec 20031,79722,16630.266.30$194,059
Nov 20032,11624,96528.804.60$175,659
Oct 20032,40428,03428.174.76$201,152
Sep 20033,17529,95526.314.75$225,801
Aug 20034,21037,97329.765.13$320,080
Jul 20036,19349,49529.415.17$438,067
Jun 200310,11146,34328.565.98$566,038
May 20037522,70326.595.97$36,140
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200339033.487.93$1,306
Jan 20039424430.315.58$4,211
Dec 2002025926.914.85$1,257
Nov 2002023824.664.14$985
Oct 2002024826.464.23$1,049
Sep 2002019027.443.64$691
Aug 200218223225.963.16$5,459
Jul 2002028424.583.06$870
Jun 2002127723.733.34$948
May 2002028824.663.58$1,032
Apr 2002028823.653.51$1,012
Mar 2002030222.003.10$937
Feb 2002027018.222.38$641
Jan 2002029817.172.38$708
Dec 200119529916.932.36$4,008
Nov 2001029818.072.41$717
Oct 2001031519.782.53$797
Sep 2001031224.262.25$702
Aug 2001030524.873.05$931
Jul 2001033223.933.20$1,061
Jun 2001031124.563.82$1,189
May 2001034025.524.31$1,464
Apr 200118933824.685.34$6,468
Mar 2001034324.545.38$1,844
Feb 2001029827.755.77$1,719
Jan 2001032027.478.40$2,688
Dec 2000027226.889.12$2,481
Nov 2000034532.215.66$1,952
Oct 2000038331.235.15$1,971
Sep 200018641431.875.19$8,075
Aug 2000040129.644.54$1,821
Jul 2000039228.534.09$1,603
Jun 2000042429.304.40$1,864
May 2000045927.263.68$1,689
Apr 2000045724.513.12$1,424
Mar 200017648228.422.86$6,380
Feb 2000049027.622.73$1,336
Jan 2000041125.272.48$1,019
Dec 1999049324.282.42$1,195
Nov 1999052523.192.43$1,278
Oct 199918844920.982.80$5,203
Sep 1999031621.752.62$828
Aug 1999032719.262.88$940
Jul 1999035317.892.37$837
Jun 1999037515.942.36$886
May 1999042315.792.32$982
Apr 1999044915.102.21$991
Mar 1999046212.471.84$849
Feb 199904179.981.82$758
Jan 1999045910.381.90$872
Dec 199804579.201.77$810
Nov 199817845410.892.19$2,931
Oct 1998048612.421.97$957
Sep 1998048712.592.08$1,014
Aug 1998052311.301.91$998
Jul 199817654811.742.24$3,292
Jun 1998055111.242.24$1,233
May 1998058212.622.21$1,284
Apr 1998058513.042.51$1,466
Mar 1998063512.802.31$1,466
Feb 1998057713.952.30$1,327
Jan 1998065914.702.15$1,420
Dec 199718066216.322.41$4,534
Nov 1997065718.193.09$2,029
Oct 1997069219.253.15$2,180
Sep 1997068417.742.95$2,021
Aug 199718372717.862.55$5,126
Jul 1997074317.582.25$1,669
Jun 1997071817.242.26$1,621
May 1997075718.972.31$1,748
Apr 1997074017.882.08$1,541
Mar 199718378318.951.94$4,986
Feb 1997072020.492.21$1,588
Jan 1997074323.483.54$2,630
Dec 1996073623.32$0
Nov 199618972721.97$4,152
Oct 1996075023.31$0
Sep 1996075022.22$0
Aug 1996079920.26$0
Jul 1996083219.55$0
Jun 199618383018.73$3,428
May 1996087519.43$0
Apr 1996086421.51$0
Mar 1996182419.38$19
Feb 199618282316.98$3,090
Jan 1996093917.07$0
Dec 1995196017.19$17
Nov 199518396816.00$2,928
Oct 199501,06915.43$0
Sep 199501,10416.18$0
Aug 19951771,17715.92$2,818
Jul 199511,27915.24$15
Jun 19951861,32316.41$3,052
May 19953731,53617.56$6,550
Apr 199509317.73$0
Mar 1995021316.44$0
Feb 1995021816.58$0
Jan 1995032215.92$0
Dec 1994041115.03$0
Nov 1994048615.90$0
Oct 1994060015.58$0
Sep 1994568015.29$76
Aug 1994079616.13$0
Jul 1994093317.56$0
Jun 199401,02117.09$0
May 199401,18515.88$0
Apr 199401,27314.14$0
Mar 199401,41312.46$0
Feb 199401,40412.50$0
Jan 19941851,86212.66$2,342
Dec 199302,07212.33$0
Nov 19931842,10114.49$2,666
Oct 199302,32815.85$0
Sep 19931832,38815.03$2,750
Aug 199302,65015.66$0
Jul 19931812,73415.46$2,798
Jun 19931862,40116.79$3,123
May 19931802,86017.68$3,182
Apr 19935572,21818.05$10,054
Mar 19933802,62018.14$6,893
Feb 19931852,81317.90$3,312
Jan 19931833,29516.93$3,098

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                    0 bbl  × $106.41 =         $0
Casinghead gas       473 Mcf  × $  3.05 =     $1,441

────────────────────────────────────────────────────
Month total                                   $1,441

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/20324 is the state's own key, not one this site invented.