RACHEL 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 20476District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$18.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$75 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
OilDisposition183,787 bbl$7,576,414
Casinghead gasProduction2,253,153 Mcf$11,102,642
Total$18,679,056

130,444 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 29.9459, -96.9027. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94591, -96.90273 · 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
10,206 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 10,206 ft.

Completions filed
Jun 2002
1 of 1 wells

1 well

42-14932344110,206 ftJun 2002

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 202601,061106.413.05$3,232
Apr 202601,13398.932.87$3,251
Mar 202601,28989.753.15$4,060
Feb 202601,10263.503.75$4,133
Jan 2026092559.138.00$7,398
Dec 20250056.664.41$0
Nov 20252058.593.93$117
Oct 20254059.383.30$238
Sep 202518773762.743.08$14,000
Aug 20251921,46463.933.01$16,688
Jul 202501,51566.743.32$5,023
Jun 20251821,40466.483.13$16,492
May 2025062460.553.23$2,017
Apr 2025087162.363.54$3,086
Mar 20251871,66067.704.27$19,745
Feb 202501,67570.884.34$7,271
Jan 20250074.324.28$0
Dec 2024071168.993.12$2,219
Nov 20241691,23969.052.20$14,393
Oct 202401,26871.372.28$2,893
Sep 2024082569.612.36$1,951
Aug 202401,13675.632.06$2,344
Jul 202418390679.932.15$16,572
Jun 202401,33878.082.63$3,524
May 202401,14978.812.20$2,526
Apr 202418637484.451.66$16,328
Mar 20241871,67380.301.55$17,601
Feb 20243902,36776.091.78$33,897
Jan 202401,34773.023.30$4,442
Dec 20231841,28471.262.61$16,464
Nov 202301,20377.892.81$3,377
Oct 202301,24485.443.09$3,841
Sep 202318272389.042.74$18,183
Aug 2023097880.522.67$2,614
Jul 2023090674.852.64$2,393
Jun 2023075168.962.26$1,696
May 2023090070.622.23$2,005
Apr 20231941,04378.122.24$17,489
Mar 2023094572.852.39$2,262
Feb 2023093375.112.47$2,300
Jan 202301,04576.533.39$3,540
Dec 20221931,05876.415.73$20,809
Nov 202201,05085.005.65$5,929
Oct 2022084287.185.86$4,937
Sep 2022074184.888.16$6,049
Aug 20221861,05694.529.13$27,219
Jul 202201,315101.587.54$9,918
Jun 202201,213115.097.98$9,676
May 202201,165109.378.43$9,824
Apr 20221891,173104.226.84$27,718
Mar 202201,266108.885.08$6,427
Feb 202201,03191.054.86$5,009
Jan 202201,33081.844.54$6,035
Dec 20211911,36271.323.90$18,933
Nov 202101,11777.435.24$5,850
Oct 202101,08979.795.71$6,222
Sep 20211881,11369.865.35$19,089
Aug 202101,10566.024.22$4,664
Jul 202101,23270.783.98$4,906
Jun 202101,02069.493.38$3,448
May 202101,37663.483.02$4,152
Apr 202119389860.362.76$14,127
Mar 2021072761.302.72$1,975
Feb 2021080757.805.55$4,477
Jan 202101,23150.412.81$3,459
Dec 20201671,18444.642.68$10,623
Nov 2020077338.772.71$2,092
Oct 2020079636.972.48$1,973
Sep 2020072037.091.99$1,434
Aug 202018489139.982.39$9,481
Jul 202001,06638.371.83$1,946
Jun 202001,04734.901.69$1,770
May 20201671,12116.921.81$4,860
Apr 2020099614.751.80$1,797
Mar 20201821,04230.341.86$7,456
Feb 2020098949.881.98$1,959
Jan 202001,05957.252.09$2,218
Dec 20191941,13659.012.30$14,066
Nov 201901,32755.302.75$3,650
Oct 201901,39153.472.42$3,364
Sep 201901,36155.052.66$3,617
Aug 20191631,35353.112.30$11,775
Jul 201901,12956.272.46$2,777
Jun 201901,00352.782.49$2,499
May 201917292458.482.74$12,591
Apr 201901,27062.632.75$3,493
Mar 201901,30856.803.06$4,005
Feb 20191591,16650.852.79$11,341
Jan 201901,31546.033.23$4,245
Dec 20181851,47946.594.19$14,809
Nov 201801,67552.934.24$7,097
Oct 201801,71461.443.40$5,824
Sep 201801,49459.543.11$4,643
Aug 20181811,47859.403.07$15,284
Jul 201801,32665.142.93$3,888
Jun 201801,70960.183.08$5,258
May 20181741,46365.382.90$15,620
Apr 201801,87463.842.90$5,436
Mar 20181791,82061.222.79$16,030
Feb 201801,33561.782.77$3,693
Jan 20181921,88262.874.01$19,617
Dec 201702,12557.272.92$6,208
Nov 20171922,12855.423.12$17,277
Oct 201702,25149.292.98$6,716
Sep 201701,70947.523.09$5,276
Aug 20171791,80645.373.00$13,547
Jul 20171914,14943.873.09$21,188
Jun 201702,40242.493.09$7,416
May 20171924,78945.373.26$24,339
Apr 20171912,13747.933.21$16,018
Mar 20171883,99446.772.98$20,710
Feb 201702,00750.452.95$5,926
Jan 20171872,56949.413.42$18,023
Dec 20161801,63248.763.72$14,852
Nov 201601,54142.492.64$4,075
Oct 20161892,24646.193.09$15,671
Sep 201601,90741.553.10$5,913
Aug 20161793,02541.442.92$16,264
Jul 20161802,10241.622.92$13,639
Jun 2016096745.352.69$2,597
May 20161932,09142.521.99$12,370
Apr 201602,06836.561.99$4,117
Mar 20161932,18233.011.79$10,285
Feb 201602,10926.472.06$4,352
Jan 20161812,38227.352.36$10,582
Dec 201502,18432.362.00$4,371
Nov 201502,14638.792.17$4,651
Oct 20151872,24243.552.43$13,584
Sep 201502,15142.992.76$5,933
Aug 20151812,03540.162.87$13,114
Jul 201502,13548.152.95$6,288
Jun 20151854,31556.152.88$22,827
May 20151904,32055.212.96$23,257
Apr 201504,83449.822.71$13,084
Mar 20151914,47842.892.93$21,334
Feb 201502,50144.662.98$7,443
Jan 20151875,40343.433.10$24,874
Dec 20141966,18854.693.59$32,943
Nov 20141945,64170.464.25$37,654
Oct 20141903,01378.303.90$26,631
Sep 20141845,63986.164.05$38,666
Aug 20141806,52089.394.04$42,399
Jul 20141936,64496.564.18$46,405
Jun 201405,94298.164.74$28,147
May 20141946,40794.734.73$48,661
Apr 20141942,96595.944.81$32,871
Mar 20141923,05995.895.06$33,880
Feb 20141972,92997.406.19$37,324
Jan 20141823,20290.404.86$32,017
Dec 2013195091.824.35$17,905
Nov 20131853,10888.853.74$28,056
Oct 20131907,84197.423.78$48,144
Sep 20131913,458104.113.72$32,741
Aug 20131933,621104.253.52$32,876
Jul 20131833,590102.523.72$32,108
Jun 20131926,66894.403.93$44,353
May 20131914,48094.834.15$36,700
Apr 20131822,21793.964.28$26,595
Mar 20131953,37393.623.91$31,454
Feb 20131953,67291.233.42$30,348
Jan 20131963,52291.603.42$29,999
Dec 20121823,81986.773.42$28,854
Nov 20121943,71486.953.62$30,331
Oct 20121762,75989.383.40$25,111
Sep 20121843,83794.672.92$28,617
Aug 20121894,19392.662.91$29,707
Jul 20121913,97285.133.02$28,258
Jun 20122654,06179.822.52$31,382
May 20121904,28891.612.49$28,076
Apr 20121934,306101.652.00$28,217
Mar 20123794,537105.052.22$49,896
Feb 20121814,216101.102.57$29,135
Jan 20121964,54198.092.73$31,641
Dec 20113774,68396.873.24$51,692
Nov 20111944,49795.723.31$33,461
Oct 20111944,72484.983.65$33,722
Sep 20113844,68083.623.99$50,764
Aug 20111934,97983.404.15$36,756
Jul 20113844,56294.144.52$56,757
Jun 20113894,00392.904.64$54,712
May 20111953,03898.134.40$32,517
Apr 20111933,867105.964.33$37,207
Mar 20111823,85096.364.06$33,158
Feb 20111953,48585.644.18$31,267
Jan 20111963,92586.504.59$34,965
Dec 20101974,22185.734.35$35,241
Nov 20103904,37580.843.80$48,132
Oct 20101944,85278.103.51$32,177
Sep 20101924,95672.633.98$33,667
Aug 20103835,41873.684.42$52,164
Jul 20101925,42472.554.74$39,620
Jun 20103775,57970.364.91$53,921
May 20101935,81471.124.24$38,350
Apr 20101943,74381.694.12$31,279
Mar 20101965,32578.394.39$38,734
Feb 20103934,92773.585.44$55,731
Jan 20101955,64774.365.96$48,179
Dec 20093895,50771.445.48$57,989
Nov 20091955,38874.593.75$34,758
Oct 20093875,55872.544.11$50,918
Sep 20091946,35965.543.06$32,204
Aug 20093816,79567.423.22$47,557
Jul 20093847,71661.133.46$50,206
Jun 20091886,85366.163.90$39,131
May 20093866,44254.743.93$46,419
Apr 20091966,16246.773.59$31,273
Mar 20093987,18142.144.06$45,919
Feb 20093906,89632.814.63$44,745
Jan 20093958,33735.865.37$58,943
Dec 20085918,55137.105.98$73,037
Nov 20081967,77355.496.86$64,202
Oct 20083888,70775.246.92$89,463
Sep 20083636,905101.767.88$91,330
Aug 20083878,282114.228.48$114,460
Jul 200858010,080131.0811.39$190,832
Jun 20083869,479131.3313.03$174,230
May 20083889,099123.1711.57$153,104
Apr 20083907,489110.3110.45$121,317
Mar 20083905,285101.909.66$90,816
Feb 20080092.538.77$0
Jan 20083976,06090.388.21$85,608
Dec 20075928,31588.337.30$113,007
Nov 20075857,86791.677.29$110,991
Oct 20075818,36182.856.92$106,011
Sep 20073858,37175.846.24$81,468
Aug 20075768,31069.066.39$92,862
Jul 20075869,43870.906.39$101,837
Jun 20075899,42762.007.55$107,677
May 20077778,98558.747.85$116,140
Apr 20077939,24759.617.81$119,445
Mar 20075989,20256.927.30$101,231
Feb 20075958,51555.108.22$102,744
Jan 20077639,94550.306.73$105,277
Dec 200676310,68856.656.92$117,168
Nov 200675510,67554.207.62$122,238
Oct 200655310,23754.906.01$91,923
Sep 200673610,45360.085.04$96,873
Aug 200690710,88568.717.34$142,215
Jul 200692411,39769.376.34$136,386
Jun 200672911,27466.286.38$120,290
May 200690511,94966.016.42$136,511
Apr 200690711,52864.397.36$143,253
Mar 200692712,64856.707.08$142,146
Feb 200690711,62057.597.75$142,302
Jan 20061,24513,58660.598.93$196,803
Dec 200594312,37654.9413.42$217,837
Nov 20051,10913,27754.6910.59$201,233
Oct 20051,38913,80758.3413.80$271,512
Sep 20051,03713,21261.4512.08$223,311
Aug 20051,49514,88761.519.80$237,803
Jul 20051,46915,98055.697.84$207,150
Jun 20051,91613,03052.337.38$196,439
May 20057329,14045.226.65$93,893
Apr 20057219,68549.207.36$106,759
Mar 200590410,80450.377.15$122,836
Feb 20051,05411,03045.226.31$117,282
Jan 20051,08812,55743.166.32$126,346
Dec 20041,25214,08939.866.75$145,021
Nov 20041,25015,28845.286.33$153,379
Oct 20041,42317,40849.706.52$184,138
Sep 20041,09216,25743.245.28$133,118
Aug 20041,44818,27242.375.55$162,773
Jul 20041,59919,58738.286.08$180,381
Jun 20041,63118,34436.106.43$176,886
May 20041,66319,14437.486.49$186,661
Apr 20041,60317,13334.475.86$155,628
Mar 20041,65118,74334.365.53$160,380
Feb 20041,64218,17132.455.51$153,398
Jan 20041,64020,47032.036.30$181,483
Dec 20031,83921,22530.266.30$189,400
Nov 20031,63820,82728.804.60$142,878
Oct 20031,81023,45328.174.76$162,616
Sep 20032,00326,89726.314.75$180,442
Aug 20031,62226,52829.765.13$184,352
Jul 20032,36526,59329.415.17$207,063
Jun 20032,52828,67828.565.98$243,779
May 20032,67131,68026.595.97$260,236
Apr 20033,26932,14826.675.41$261,017
Mar 20033,13636,15831.146.10$318,076
Feb 20033,50435,82833.487.93$401,282
Jan 20034,38142,14530.315.58$368,043
Dec 20024,92647,51526.914.85$363,185
Nov 20025,64951,40024.664.14$351,944
Oct 20027,06861,13126.464.23$445,550
Sep 20029,19075,17127.443.64$525,435
Aug 200213,986106,15325.963.16$698,962
Jul 200214,36974,70824.583.06$581,928
Jun 2002140023.733.34$3,322
May 2002096724.663.58$3,466
Apr 200201,06223.653.51$3,730
Mar 200201,14722.003.10$3,559
Feb 200201,03918.222.38$2,468
Jan 20021811,15117.172.38$5,842
Dec 20011671,20016.932.36$5,665
Nov 200101,17318.072.41$2,822
Oct 200101,24219.782.53$3,141
Sep 20011611,20924.262.25$6,628
Aug 200101,28424.873.05$3,920
Jul 20011801,27323.933.20$8,377
Jun 200101,28824.563.82$4,926
May 200101,35025.524.31$5,815
Apr 200101,33524.685.34$7,123
Mar 20011781,39424.545.38$11,863
Feb 200101,24327.755.77$7,168
Jan 200101,40427.478.40$11,792
Dec 20001831,47826.889.12$18,402
Nov 20001801,45432.215.66$14,025
Oct 20001781,60631.235.15$13,823
Sep 200001,71131.875.19$8,874
Aug 20001771,96129.644.54$14,151
Jul 20001771,54728.534.09$11,377
Jun 200018442729.304.40$7,269
May 2000188127.263.68$3,269
Apr 20001901,18324.513.12$8,343
Mar 200011,47828.422.86$4,255
Feb 200011,40627.622.73$3,861
Jan 200001,51525.272.48$3,758
Dec 199901,26024.282.42$3,054
Nov 19991791,58523.192.43$8,009
Oct 199901,78620.982.80$5,007
Sep 19991901,59021.752.62$8,296
Aug 19991881,77019.262.88$8,711
Jul 19991761,60017.892.37$6,944
Jun 19991751,54115.942.36$6,430
May 199901,62515.792.32$3,772
Apr 199901,69515.102.21$3,743
Mar 199901,74812.471.84$3,213
Feb 199901,5799.981.82$2,870
Jan 19991811,76710.381.90$5,236
Dec 199801,7409.201.77$3,086
Nov 19981811,71010.892.19$5,709
Oct 199801,97012.421.97$3,879
Sep 19981772,10912.592.08$6,621
Aug 19983532,29711.301.91$8,370
Jul 199819347011.742.24$3,317
Jun 199801,40811.242.24$3,150
May 19981952,13712.622.21$7,176
Apr 199802,09813.042.51$5,256
Mar 199802,19812.802.31$5,076
Feb 19981802,08513.952.30$7,305
Jan 199802,31714.702.15$4,993
Dec 19971962,34716.322.41$8,858
Nov 19971922,29518.193.09$10,580
Oct 19971802,52719.253.15$11,425
Sep 199702,39717.742.95$7,083
Aug 19971812,48517.862.55$9,581
Jul 199702,63217.582.25$5,914
Jun 19971802,57417.242.26$8,913
May 199702,70618.972.31$6,247
Apr 19971892,71317.882.08$9,030
Mar 19971882,93618.951.94$9,256
Feb 19971812,72120.492.21$9,711
Jan 19971812,86823.483.54$14,402
Dec 19961823,29123.32$4,244
Nov 19961813,54421.97$3,977
Oct 19961894,05223.31$4,406
Sep 19961824,26122.22$4,044
Aug 19965374,61220.26$10,880
Jul 19963765,24619.55$7,351
Jun 19967335,17118.73$13,729
May 19967625,17919.43$14,806
Apr 19961,4865,36021.51$31,964
Mar 19961,1093,63319.38$21,492
Feb 19965572,15516.98$9,458
Jan 19963652,57817.07$6,231
Dec 199502,17317.19$0
Nov 19953682,41916.00$5,888
Oct 1995082615.43$0
Sep 1995169716.18$16
Aug 1995173115.92$16
Jul 1995176815.24$15
Jun 1995174216.41$16
May 1995093217.56$0
Apr 199515650617.73$2,766
Mar 199501,65216.44$0
Feb 19951931,88316.58$3,200
Jan 19952002,25515.92$3,184
Dec 199462,10815.03$90
Nov 1994112,15715.90$175
Oct 19941971,23815.58$3,069
Sep 199461,86215.29$92
Aug 19941971,94516.13$3,178
Jul 199452,22817.56$88
Jun 199431,77217.09$51
May 19942002,21015.88$3,176
Apr 199452,10214.14$71
Mar 19941971,85312.46$2,455
Feb 199461,79312.50$75
Jan 19942031,94312.66$2,570
Dec 199302,90212.33$0
Nov 19931952,51514.49$2,826
Oct 19931883,14815.85$2,980
Sep 19931923,35415.03$2,886
Aug 19931902,92315.66$2,975
Jul 19931883,58015.46$2,906
Jun 19931893,63016.79$3,173
May 19933694,28617.68$6,524
Apr 19931813,73818.05$3,267
Mar 19931934,06818.14$3,501
Feb 19931863,51917.90$3,329
Jan 19933834,90416.93$6,484

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     1,061 Mcf  × $  3.05 =     $3,232

────────────────────────────────────────────────────
Month total                                   $3,232

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/20476 is the state's own key, not one this site invented.