PETRICH UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the STEPHANIE (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20579District 03Field 85911700NGPA filingOilCasinghead gasSaveExport
Value, all time
$10.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$120 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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1989-05-22
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-03-19.

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
OilDisposition274,438 bbl$9,489,711
Casinghead gasProduction284,840 Mcf$738,618
Total$10,228,328

118,437 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 30.1190, -96.8197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.11899, -96.81966 · 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
5,501 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 5,501 ft.

Completions filed
Oct 1989
1 of 1 wells

1 well

42-1493235015,501 ftOct 1989

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 20260119106.413.05$362
Apr 202617810598.932.87$17,911
Mar 20261839289.753.15$16,714
Feb 20261819963.503.75$11,865
Jan 202619111259.138.00$12,190
Dec 202519012756.664.41$11,326
Nov 2025211758.593.93$577
Oct 202518811459.383.30$11,540
Sep 202518913262.743.08$12,264
Aug 202518611863.933.01$12,247
Jul 202518312266.743.32$12,618
Jun 2025012466.483.13$388
May 20251857860.553.23$11,454
Apr 202518611462.363.54$12,003
Mar 202508267.704.27$350
Feb 20251858970.884.34$13,499
Jan 20250074.324.28$0
Dec 20241914368.993.12$13,311
Nov 2024010869.052.20$237
Oct 202437910871.372.28$27,296
Sep 202418811569.612.36$13,359
Aug 202418825375.632.06$14,741
Jul 202417817579.932.15$14,603
Jun 202418719178.082.63$15,104
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20241853380.301.55$14,906
Feb 202419312376.091.78$14,905
Jan 20241851373.023.30$13,552
Dec 20231914071.262.61$13,715
Nov 202337323177.892.81$29,702
Oct 202319316785.443.09$17,006
Sep 202306989.042.74$189
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202237920184.888.16$33,810
Aug 202219031394.529.13$20,816
Jul 2022347212101.587.54$36,847
Jun 20225221115.097.98$2,338
May 2022366191109.378.43$41,640
Apr 2022191237104.226.84$21,527
Mar 2022194245108.885.08$22,366
Feb 202236221991.054.86$34,024
Jan 202218623081.844.54$16,266
Dec 202126371.323.90$388
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20211023569.865.35$7,313
Aug 202136424066.024.22$25,044
Jul 202117428270.783.98$13,439
Jun 202119523369.493.38$14,338
May 202137120063.483.02$24,155
Apr 202118315860.362.76$11,482
Mar 202119821561.302.72$12,722
Feb 202117810057.805.55$10,843
Jan 202135919550.412.81$18,645
Dec 202018019244.642.68$8,549
Nov 202019218938.772.71$7,955
Oct 202036220136.972.48$13,881
Sep 202001437.091.99$28
Aug 202027039.982.39$247
Jul 202038627338.371.83$15,309
Jun 2020511834.901.69$374
May 20200016.921.81$0
Apr 202020412214.751.80$3,229
Mar 202040919230.341.86$12,765
Feb 202018018349.881.98$9,341
Jan 202021657.252.09$148
Dec 201917326259.012.30$10,812
Nov 201935731155.302.75$20,598
Oct 201934732953.472.42$19,350
Sep 201917132455.052.66$10,275
Aug 201934933253.112.30$19,300
Jul 201918232056.272.46$11,028
Jun 201918018952.782.49$9,971
May 201935914558.482.74$21,392
Apr 201936627262.632.75$23,671
Mar 201918819456.803.06$11,272
Feb 201921050.852.79$130
Jan 201937717446.033.23$17,915
Dec 201817621046.594.19$9,079
Nov 201835225552.934.24$19,712
Oct 201818326961.443.40$12,158
Sep 201836125059.543.11$22,271
Aug 201818711259.403.07$11,451
Jul 20181812265.142.93$11,855
Jun 201818111860.183.08$11,256
May 201818225765.382.90$12,645
Apr 201835523163.842.90$23,333
Mar 201817525461.222.79$11,421
Feb 201834917761.782.77$22,051
Jan 201818217162.874.01$12,128
Dec 201735718957.272.92$20,998
Nov 201715455.423.12$224
Oct 20170049.292.98$0
Sep 20171806147.523.09$8,742
Aug 20171819645.373.00$8,500
Jul 201717312443.873.09$7,972
Jun 201717812242.493.09$7,940
May 201718210345.373.26$8,593
Apr 20171788447.933.21$8,801
Mar 20171789046.772.98$8,594
Feb 20171819150.452.95$9,400
Jan 20173476949.413.42$17,381
Dec 201617911048.763.72$9,138
Nov 201617012942.492.64$7,564
Oct 2016180646.193.09$8,333
Sep 201608141.553.10$251
Aug 201634712341.442.92$14,739
Jul 201617115441.622.92$7,567
Jun 201618017745.352.69$8,638
May 201624311542.521.99$10,561
Apr 201618513836.561.99$7,038
Mar 201618111933.011.79$6,188
Feb 20161803726.472.06$4,841
Jan 20161825627.352.36$5,110
Dec 201518210932.362.00$6,108
Nov 201536012938.792.17$14,244
Oct 201518617743.552.43$8,530
Sep 201518018042.992.76$8,235
Aug 201518019940.162.87$7,800
Jul 201536120748.152.95$17,992
Jun 201518219956.152.88$10,793
May 201518118655.212.96$10,543
Apr 201534416149.822.71$17,574
Mar 201517116142.892.93$7,807
Feb 201517212844.662.98$8,062
Jan 201535715543.433.10$15,985
Dec 201416017354.693.59$9,372
Nov 201436423270.464.25$26,634
Oct 201418315978.303.90$14,949
Sep 20141488886.164.05$13,108
Aug 201435938789.394.04$33,653
Jul 201435738896.564.18$36,094
Jun 201417737998.164.74$19,170
May 201436736594.734.73$36,491
Apr 201436435395.944.81$36,620
Mar 201437433495.895.06$37,552
Feb 201435124997.406.19$35,729
Jan 201436932490.404.86$34,932
Dec 201336737191.824.35$35,313
Nov 201335845588.853.74$33,509
Oct 201336949797.423.78$37,826
Sep 2013548603104.113.72$59,294
Aug 2013362691104.253.52$40,173
Jul 2013541721102.523.72$58,144
Jun 201353870094.403.93$53,541
May 201354855794.834.15$54,278
Apr 201353431293.964.28$51,511
Mar 20135443993.623.91$51,082
Feb 201353710391.233.42$49,343
Jan 201355932691.603.42$52,319
Dec 201255270186.773.42$50,295
Nov 201236671286.953.62$34,405
Oct 201255180889.383.40$51,995
Sep 201254772294.672.92$53,892
Aug 201254881692.662.91$53,151
Jul 201255073285.133.02$49,033
Jun 201218435479.822.52$15,579
May 201218510991.612.49$17,219
Apr 2012183176101.652.00$18,953
Mar 2012181199105.052.22$19,456
Feb 2012177201101.102.57$18,411
Jan 201235026298.092.73$35,048
Dec 201136426396.873.24$36,113
Nov 201136226495.723.31$35,525
Oct 201118331984.983.65$16,715
Sep 201136133683.623.99$31,526
Aug 201118038483.404.15$16,605
Jul 201136042194.144.52$35,792
Jun 201136345292.904.64$35,820
May 201136456198.134.40$38,190
Apr 2011545490105.964.33$59,872
Mar 201136544096.364.06$36,957
Feb 20111888085.644.18$16,435
Jan 201134123186.504.59$30,557
Dec 201035930185.734.35$32,086
Nov 201018336780.843.80$16,187
Oct 201054242978.103.51$43,836
Sep 201036645472.633.98$28,389
Aug 201036152673.684.42$28,923
Jul 201035345572.554.74$27,765
Jun 201054346670.364.91$40,494
May 201035751971.124.24$27,588
Apr 201035527981.694.12$30,150
Mar 201054141878.394.39$44,243
Feb 201036745273.585.44$29,464
Jan 201055232874.365.96$43,003
Dec 200937432271.445.48$28,484
Nov 200936944774.593.75$29,201
Oct 200955048172.544.11$41,874
Sep 200935344765.543.06$24,506
Aug 200954247867.423.22$38,080
Jul 200936344361.133.46$23,725
Jun 200955245666.163.90$38,296
May 200954041254.743.93$31,177
Apr 200955544846.773.59$27,565
Mar 2009712542.144.06$802
Feb 200912732.814.63$158
Jan 20091946135.865.37$7,284
Dec 200805537.105.98$329
Nov 20081896555.496.86$10,934
Oct 200817375.246.92$581
Sep 200818962101.767.88$19,721
Aug 2008084114.228.48$713
Jul 200818685131.0811.39$25,349
Jun 200818689131.3313.03$25,587
May 2008183123.1711.57$1,084
Apr 200819078110.3110.45$21,774
Mar 200818450101.909.66$19,233
Feb 20081887192.538.77$18,018
Jan 200818510490.388.21$17,574
Dec 200718416988.337.30$17,487
Nov 200736719091.677.29$35,028
Oct 200736536182.856.92$32,739
Sep 200737238775.846.24$30,629
Aug 200737042569.066.39$28,267
Jul 200755250170.906.39$42,337
Jun 200755055262.007.55$38,267
May 200774461858.747.85$48,552
Apr 200792387159.617.81$61,818
Mar 200792894056.927.30$59,686
Feb 200792491955.108.22$58,463
Jan 20071,0981,03950.306.73$62,219
Dec 20061,1071,12056.656.92$70,460
Nov 20061,2861,01254.207.62$77,410
Oct 20061,2881,25754.906.01$78,271
Sep 200654755860.085.04$35,675
Aug 20061,10197868.717.34$82,828
Jul 20069101,04169.376.34$69,730
Jun 200691197966.286.38$66,631
May 20061,07075966.016.42$75,507
Apr 20061,09686364.397.36$76,924
Mar 20061,27790056.707.08$78,781
Feb 20061,0901,22457.597.75$72,260
Jan 200691873160.598.93$62,152
Dec 200518577354.9413.42$20,534
Nov 200573689854.6910.59$49,760
Oct 200591398658.3413.80$66,867
Sep 200592382461.4512.08$66,671
Aug 20059171,05161.519.80$66,701
Jul 20059161,03055.697.84$59,091
Jun 200592697752.337.38$55,669
May 200591698145.226.65$47,946
Apr 20051,22988749.207.36$66,996
Mar 200570792150.377.15$42,201
Feb 200572778345.226.31$37,817
Jan 200552270743.166.32$26,999
Dec 200491481339.866.75$41,921
Nov 200491476645.286.33$46,235
Oct 200472583049.706.52$41,440
Sep 200491560243.245.28$42,746
Aug 200472781442.375.55$35,321
Jul 200473181738.286.08$32,953
Jun 200491577836.106.43$38,036
May 200473575737.486.49$32,464
Apr 200473170134.475.86$29,304
Mar 200491061934.365.53$34,691
Feb 200454746332.455.51$20,301
Jan 200472863032.036.30$27,287
Dec 200390974030.266.30$32,170
Nov 200387678928.804.60$28,854
Oct 200377484028.174.76$25,802
Sep 200393981526.314.75$28,576
Aug 200395285829.765.13$32,733
Jul 200396086029.415.17$32,681
Jun 200395684828.565.98$32,377
May 200395285426.595.97$30,414
Apr 200397281226.675.41$30,314
Mar 200396582531.146.10$35,079
Feb 200378470033.487.93$31,796
Jan 200394776930.315.58$32,996
Dec 20021,08676426.914.85$32,933
Nov 200277878224.664.14$22,421
Oct 200295984026.464.23$28,928
Sep 200296886927.443.64$29,721
Aug 200295991025.963.16$27,775
Jul 200295089724.583.06$26,097
Jun 200277088123.733.34$21,213
May 200296590524.663.58$27,040
Apr 200296380723.653.51$25,609
Mar 20021,16284922.003.10$28,198
Feb 200277165418.222.38$15,601
Jan 200292993517.172.38$18,172
Dec 20011,16587916.932.36$21,802
Nov 200197885118.072.41$19,720
Oct 200196587719.782.53$21,306
Sep 200196685924.262.25$25,369
Aug 20011,16595224.873.05$31,880
Jul 20019691,08423.933.20$26,654
Jun 20011,1511,02124.563.82$32,173
May 20011,17199625.524.31$34,174
Apr 20011,15197724.685.34$33,619
Mar 20011,18293024.545.38$34,006
Feb 20011,17384627.755.77$37,430
Jan 20011,18097327.478.40$40,587
Dec 200097984126.889.12$33,988
Nov 20001,16695332.215.66$42,949
Oct 20001,1551,08031.235.15$41,628
Sep 20001,3171,04531.875.19$47,393
Aug 20001,1231,08329.644.54$38,203
Jul 20001,1191,07528.534.09$36,322
Jun 20001,1321,02529.304.40$37,675
May 20001,1301,09827.263.68$34,844
Apr 20001,5011,04624.513.12$40,049
Mar 20001,1331,02428.422.86$35,128
Feb 20001,31895727.622.73$39,012
Jan 20001,3371,01025.272.48$36,291
Dec 19991,01296824.282.42$26,918
Nov 19991,13198023.192.43$28,613
Oct 19991,3111,02820.982.80$30,387
Sep 19991,1261,02221.752.62$27,167
Aug 19991,3161,06719.262.88$28,414
Jul 19991,1241,06017.892.37$22,623
Jun 19991,3141,05915.942.36$23,447
May 19991,3041,11215.792.32$23,171
Apr 19991,2431,00715.102.21$20,993
Mar 19991,1331,00812.471.84$15,982
Feb 19991,1179129.981.82$12,805
Jan 19991,2851,03410.381.90$15,303
Dec 19981,2951,0269.201.77$13,733
Nov 19981,1251,03110.892.19$14,505
Oct 19981,8511,12112.421.97$25,197
Sep 19987691,12912.592.08$12,033
Aug 19981,3371,15711.301.91$17,315
Jul 19981,2841,16911.742.24$17,690
Jun 19981,3011,18811.242.24$17,281
May 19981,3001,21812.622.21$19,093
Apr 19981,2661,13313.042.51$19,347
Mar 19981,5041,09012.802.31$21,768
Feb 19981,4241,00413.952.30$22,173
Jan 19981,1241,13214.702.15$18,962
Dec 19971,4871,13916.322.41$27,014
Nov 19971,3101,08618.193.09$27,183
Oct 19971,6551,17919.253.15$35,572
Sep 19971,1111,05617.742.95$22,829
Aug 19971,4901,07317.862.55$29,353
Jul 19971,3341,08217.582.25$25,883
Jun 19971,3271,06317.242.26$25,277
May 19971,5261,04618.972.31$31,363
Apr 19971,34799117.882.08$26,148
Mar 19971,3401,00118.951.94$27,334
Feb 19971,34687320.492.21$29,505
Jan 19971,55291323.483.54$39,673
Dec 19961,6691,00923.32$38,921
Nov 19961,5521,03821.97$34,097
Oct 19961,5491,11323.31$36,107
Sep 19961,5371,07022.22$34,152
Aug 19961,5261,06420.26$30,917
Jul 19961,55799919.55$30,439
Jun 19961,3251,07018.73$24,817
May 19961,5111,16119.43$29,359
Apr 19961,5651,10921.51$33,663
Mar 19961,5671,14319.38$30,368
Feb 19961,5591,09916.98$26,472
Jan 19961,2991,14817.07$22,174
Dec 19952,1092,27617.19$36,254
Nov 19951,3432,75116.00$21,488
Oct 19951,5082,66815.43$23,268
Sep 19951,7153,02616.18$27,749
Aug 19951,5133,15815.92$24,087
Jul 19951,5263,32315.24$23,256
Jun 19951,5373,13116.41$25,222
May 19951,7103,39917.56$30,028
Apr 19951,3443,30217.73$23,829
Mar 19951,7254,26416.44$28,359
Feb 19951,6823,41016.58$27,888
Jan 19951,7562,34315.92$27,956
Dec 19941,7173,01015.03$25,807
Nov 19941,7362,68015.90$27,602
Oct 19941,7362,47715.58$27,047
Sep 19941,7103,03215.29$26,146
Aug 19941,9923,22016.13$32,131
Jul 19941,6263,17617.56$28,553
Jun 19941,8373,31417.09$31,394
May 19942,1083,22815.88$33,475
Apr 19941,7603,50014.14$24,886
Mar 19942,1413,92612.46$26,677
Feb 19941,6124,48712.50$20,150
Jan 19941,7994,96212.66$22,775
Dec 19932,0203,18912.33$24,907
Nov 19932,1942,64514.49$31,791
Oct 19932,2082,69515.85$34,997
Sep 19932,3632,47415.03$35,516
Aug 19932,3822,05015.66$37,302
Jul 19932,3762,51515.46$36,733
Jun 19932,2422,39716.79$37,643
May 19932,5962,32817.68$45,897
Apr 19932,2532,17918.05$40,667
Mar 19932,5772,12418.14$46,747
Feb 19931,8111,23817.90$32,417
Jan 19931,4411,51716.93$24,396

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       119 Mcf  × $  3.05 =       $362

────────────────────────────────────────────────────
Month total                                     $362

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/20579 is the state's own key, not one this site invented.