SCHRAMM 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 20648District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$11.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$90 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
OilDisposition206,208 bbl$6,631,314
Casinghead gasProduction1,350,648 Mcf$5,064,626
Total$11,695,940

222,186 Mcf of this lease's gas, across 47 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 30.0100, -96.9180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.00997, -96.91799 · 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
11,545 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 11,545 ft.

Completions filed
Sep 2001
1 of 1 wells

1 well

42-14932378111,545 ftSep 2001

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 202601,029106.413.05$3,134
Apr 202618984998.932.87$21,134
Mar 20261891,16189.753.15$20,619
Feb 202601,48263.503.75$5,558
Jan 2026059559.138.00$4,759
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025041562.743.08$1,277
Aug 202518699863.933.01$14,900
Jul 20251781,06366.743.32$15,404
Jun 2025090066.483.13$2,816
May 202518846860.553.23$12,896
Apr 202501,02062.363.54$3,614
Mar 20251951,44967.704.27$19,386
Feb 202501,15270.884.34$5,001
Jan 20250074.324.28$0
Dec 2024029768.993.12$927
Nov 202418587169.052.20$14,689
Oct 2024072571.372.28$1,654
Sep 202419451769.612.36$14,727
Aug 2024069475.632.06$1,432
Jul 202418964679.932.15$16,493
Jun 2024089878.082.63$2,365
May 20241881,26478.812.20$17,595
Apr 2024014284.451.66$236
Mar 2024067780.301.55$1,046
Feb 202419567076.091.78$16,033
Jan 2024066173.023.30$2,180
Dec 202319569771.262.61$15,715
Nov 2023173377.892.81$2,136
Oct 202319382485.443.09$19,034
Sep 2023080589.042.74$2,202
Aug 202317571680.522.67$16,005
Jul 202318693174.852.64$16,382
Jun 2023092568.962.26$2,089
May 202319189970.622.23$15,491
Apr 2023037078.122.24$828
Mar 20231891,03772.852.39$16,250
Feb 2023084675.112.47$2,086
Jan 202301,02976.533.39$3,486
Dec 20221751,07576.415.73$19,531
Nov 20221881,07385.005.65$22,038
Oct 202201,17387.185.86$6,878
Sep 20221881,11384.888.16$25,044
Aug 20221931,13594.529.13$28,602
Jul 202201,209101.587.54$9,118
Jun 20221921,011115.097.98$30,162
May 202201,229109.378.43$10,364
Apr 20221891,200104.226.84$27,903
Mar 202201,328108.885.08$6,741
Feb 20221931,17891.054.86$23,296
Jan 20221941,19881.844.54$21,313
Dec 202101,49771.323.90$5,837
Nov 202118998977.435.24$19,814
Oct 202101,00379.795.71$5,731
Sep 20211891,28469.865.35$20,074
Aug 202101,35566.024.22$5,719
Jul 20211881,39970.783.98$18,878
Jun 20211911,40669.493.38$18,026
May 2021096863.483.02$2,921
Apr 202119378560.362.76$13,815
Mar 202101,27161.302.72$3,453
Feb 20211931,08657.805.55$17,180
Jan 202101,57150.412.81$4,415
Dec 20201891,45744.642.68$12,335
Nov 202001,64238.772.71$4,444
Oct 20201811,75936.972.48$11,051
Sep 20201941,82837.091.99$10,835
Aug 20201921,94339.982.39$12,310
Jul 20201902,07838.371.83$11,083
Jun 202001,77934.901.69$3,007
May 202016488516.921.81$4,381
Apr 2020060614.751.80$1,093
Mar 20201761,38030.341.86$7,901
Feb 20201791,65949.881.98$12,214
Jan 202001,69757.252.09$3,555
Dec 20191931,80159.012.30$15,539
Nov 20191871,00655.302.75$13,108
Oct 201901,40653.472.42$3,400
Sep 20191781,18055.052.66$12,934
Aug 20191771,29953.112.30$12,394
Jul 201901,32956.272.46$3,269
Jun 20191671,36252.782.49$12,207
May 201901,14458.482.74$3,135
Apr 20191771,15262.632.75$14,254
Mar 20191811,34956.803.06$14,412
Feb 201901,15750.852.79$3,231
Jan 20191761,36346.033.23$12,501
Dec 20181851,33646.594.19$14,211
Nov 201801,28152.934.24$5,428
Oct 20181851,33661.443.40$15,906
Sep 20181881,30959.543.11$15,262
Aug 201801,38959.403.07$4,259
Jul 201801,35765.142.93$3,979
Jun 20183691,32960.183.08$26,296
May 201801,44365.382.90$4,186
Apr 20181921,29763.842.90$16,020
Mar 201801,35061.222.79$3,762
Feb 20181971,18761.782.77$15,454
Jan 20181901,38362.874.01$17,490
Dec 20171901,36157.272.92$14,857
Nov 201741,40455.423.12$4,600
Oct 20171831,43549.292.98$13,302
Sep 201701,61847.523.09$4,995
Aug 20171821,10445.373.00$11,574
Jul 201701,45743.873.09$4,498
Jun 20171881,24342.493.09$11,826
May 20171941,35145.373.26$13,211
Apr 20171931,24547.933.21$13,249
Mar 201701,40146.772.98$4,180
Feb 20171951,36850.452.95$13,877
Jan 20171891,38949.413.42$14,087
Dec 20161911,61948.763.72$15,340
Nov 201601,41442.492.64$3,739
Oct 20161891,62446.193.09$13,748
Sep 20161821,60541.553.10$12,539
Aug 20161801,63241.442.92$12,232
Jul 201601,66741.622.92$4,875
Jun 20161921,59345.352.69$12,986
May 20161851,45442.521.99$10,761
Apr 20161931,52436.561.99$10,090
Mar 201601,53333.011.79$2,750
Feb 20161901,52826.472.06$8,183
Jan 20161941,71027.352.36$9,349
Dec 20151911,82432.362.00$9,831
Nov 20151821,74338.792.17$10,837
Oct 201501,98543.552.43$4,817
Sep 20151911,58942.992.76$12,594
Aug 20151841,77440.162.87$12,485
Jul 20151831,75048.152.95$13,965
Jun 20151881,68456.152.88$15,411
May 20151891,66355.212.96$15,350
Apr 20151921,70649.822.71$14,183
Mar 201501,64342.892.93$4,822
Feb 20151901,52044.662.98$13,009
Jan 20151891,76743.433.10$13,687
Dec 20141901,73554.693.59$16,622
Nov 20141971,86470.464.25$21,806
Oct 20141891,93578.303.90$22,347
Sep 20141871,82686.164.05$23,499
Aug 201401,75289.394.04$7,070
Jul 20141801,99296.564.18$25,707
Jun 20141931,96498.164.74$28,248
May 20141911,92194.734.73$27,173
Apr 20143891,86095.944.81$46,266
Mar 20141972,02095.895.06$29,105
Feb 20141911,85397.406.19$30,077
Jan 20141902,25190.404.86$28,117
Dec 20133912,36991.824.35$46,217
Nov 20131892,32788.853.74$25,492
Oct 20131922,34997.423.78$27,582
Sep 20131902,607104.113.72$29,473
Aug 20133772,717104.253.52$48,873
Jul 20131921,843102.523.72$26,536
Jun 20131931,92194.403.93$25,775
May 20131932,53094.834.15$28,799
Apr 201301,26893.964.28$5,430
Mar 20131912,00193.623.91$25,711
Feb 20133851,95191.233.42$41,796
Jan 20131981,51091.603.42$23,301
Dec 20121862,23486.773.42$23,780
Nov 20121862,18386.953.62$24,086
Oct 20121912,25389.383.40$24,731
Sep 20121811,97794.672.92$22,905
Aug 20121892,22292.662.91$23,975
Jul 20123672,24185.133.02$38,012
Jun 20121932,18079.822.52$20,897
May 20121932,29491.612.49$23,389
Apr 20121912,007101.652.00$23,423
Mar 20121912,248105.052.22$25,060
Feb 20121822,103101.102.57$23,805
Jan 20121952,16198.092.73$25,036
Dec 20113882,37496.873.24$45,277
Nov 20111951,94895.723.31$25,116
Oct 201102,46384.983.65$8,986
Sep 20113832,37083.623.99$41,473
Aug 20111832,34783.404.15$25,001
Jul 20111942,43394.144.52$29,254
Jun 20111912,40592.904.64$28,903
May 20111922,46898.134.40$29,712
Apr 20111932,422105.964.33$30,945
Mar 20111642,54596.364.06$26,129
Feb 20111942,05985.644.18$25,221
Jan 20113912,41686.504.59$44,908
Dec 20101942,49585.734.35$27,479
Nov 20101962,47280.843.80$25,227
Oct 20101932,51778.103.51$23,905
Sep 20103852,52072.633.98$37,991
Aug 20101922,61573.684.42$25,703
Jul 20101932,68072.554.74$26,696
Jun 20103842,71870.364.91$40,365
May 20101943,02171.124.24$26,592
Apr 20103772,50381.694.12$41,116
Mar 20101942,60678.394.39$26,645
Feb 20103922,55173.585.44$42,727
Jan 20101942,93774.365.96$31,942
Dec 20093872,73171.445.48$42,623
Nov 20091922,79874.593.75$24,818
Oct 20093822,94472.544.11$39,811
Sep 20091922,96265.543.06$21,661
Aug 20093812,88767.423.22$34,979
Jul 20091913,16861.133.46$22,651
Jun 20093743,03466.163.90$36,561
May 20093862,88054.743.93$32,436
Apr 20091963,23346.773.59$20,765
Mar 20093913,20842.144.06$29,498
Feb 20091903,09732.814.63$20,582
Jan 20093953,38935.865.37$32,367
Dec 20083973,69337.105.98$36,802
Nov 20081963,80655.496.86$36,987
Oct 20083913,53475.246.92$53,881
Sep 20081943,210101.767.88$45,027
Aug 20083873,775114.228.48$76,227
Jul 20083874,129131.0811.39$97,755
Jun 20081934,075131.3313.03$78,455
May 20083904,057123.1711.57$94,993
Apr 20083913,984110.3110.45$84,783
Mar 20081974,243101.909.66$61,079
Feb 20083914,06792.538.77$71,849
Jan 20083963,76390.388.21$66,669
Dec 20071983,90088.337.30$45,967
Nov 20073913,93891.677.29$64,558
Oct 20073884,09782.856.92$60,505
Sep 20073874,20675.846.24$55,613
Aug 20073854,39969.066.39$54,689
Jul 20073904,36670.906.39$55,541
Jun 20073864,40962.007.55$57,213
May 20073914,37958.747.85$57,326
Apr 20073924,22359.617.81$56,328
Mar 20073954,45056.927.30$54,977
Feb 20075873,88155.108.22$64,230
Jan 20071853,94350.306.73$35,829
Dec 20065564,34156.656.92$61,530
Nov 20063794,33454.207.62$53,556
Oct 20065594,44754.906.01$57,432
Sep 20063594,54060.085.04$44,438
Aug 20063594,97768.717.34$61,198
Jul 20065524,91269.376.34$69,448
Jun 20063704,78366.286.38$55,058
May 20065245,12566.016.42$67,517
Apr 20063755,09664.397.36$61,655
Mar 20067395,30156.707.08$79,448
Feb 20065404,57457.597.75$66,552
Jan 20065415,15360.598.93$78,813
Dec 20053454,57354.9413.42$80,303
Nov 20055364,45554.6910.59$76,485
Oct 20057305,47158.3413.80$118,065
Sep 20053644,65461.4512.08$78,583
Aug 20054713,82261.519.80$66,415
Jul 20055215,24255.697.84$70,131
Jun 20057025,45652.337.38$77,007
May 20053983,63345.226.65$42,161
Apr 20055395,65649.207.36$68,150
Mar 20057155,69950.377.15$76,790
Feb 20057095,92645.226.31$69,465
Jan 20059174,06043.166.32$65,246
Dec 20047334,51439.866.75$59,692
Nov 20048544,82845.286.33$69,232
Oct 20047094,35249.706.52$63,591
Sep 20046684,87543.245.28$54,643
Aug 20047145,50742.375.55$60,820
Jul 20046526,50038.286.08$64,506
Jun 20049007,28336.106.43$79,342
May 20045234,31137.486.49$47,600
Apr 20043645,44834.475.86$44,464
Mar 20046955,96734.365.53$56,879
Feb 20045465,37632.455.51$47,337
Jan 20047286,38132.036.30$63,516
Dec 20035476,03130.266.30$54,557
Nov 20035396,58728.804.60$45,792
Oct 20037377,08328.174.76$54,474
Sep 20037247,57726.314.75$55,034
Aug 20035266,38629.765.13$48,412
Jul 20037268,00429.415.17$62,739
Jun 20037248,53128.565.98$71,718
May 20037248,39826.595.97$69,410
Apr 20039037,66226.675.41$65,514
Mar 20039197,87631.146.10$76,630
Feb 20033623,25633.487.93$37,926
Jan 20037436,98730.315.58$61,522
Dec 200291910,11126.914.85$73,807
Nov 20021,08810,16324.664.14$68,874
Oct 20021,09410,94826.464.23$75,248
Sep 20021,09610,97327.443.64$69,963
Aug 20021,08111,73925.963.16$65,207
Jul 20021,24512,05024.583.06$67,496
Jun 20021,25512,03723.733.34$69,964
May 20021,255024.663.58$30,948
Apr 20021,443023.653.51$34,127
Mar 20021,55113,64522.003.10$76,459
Feb 20021,380018.222.38$25,144
Jan 20022,5082,00117.172.38$47,816
Dec 20013,988016.932.36$67,517
Nov 20012,21110,94518.072.41$66,281
Oct 20012,85912,67619.782.53$88,607
Sep 20019143,90024.262.25$30,954
Aug 2001262024.873.05$6,516
Jul 20010023.933.20$0
Jun 20013571,97924.563.82$16,336
May 20016654,74325.524.31$37,400
Apr 20017374,14824.685.34$40,320
Mar 20011,0784,65524.545.38$51,481
Feb 20015442,00127.755.77$26,636
Jan 20019114,03827.478.40$58,939
Dec 20007283,03926.889.12$47,292
Nov 20007263,21432.215.66$41,569
Oct 20009002,86431.235.15$42,844
Sep 20007213,05231.875.19$38,807
Aug 20007153,46229.644.54$36,913
Jul 20005313,87928.534.09$31,014
Jun 20009034,95329.304.40$48,237
May 20007085,45727.263.68$39,380
Apr 20009114,02524.513.12$34,871
Mar 20007244,09628.422.86$32,290
Feb 20007283,87327.622.73$30,667
Jan 20009274,37725.272.48$34,282
Dec 19997224,08424.282.42$27,429
Nov 19991,0895,65323.192.43$39,013
Oct 19999185,51220.982.80$34,714
Sep 19999038,82721.752.62$42,757
Aug 19998873,51819.262.88$27,200
Jul 19995264,38017.892.37$19,801
Jun 19991,4488,69315.942.36$43,615
May 19991,6248,91415.792.32$46,333
Apr 19991,5578,29015.102.21$41,815
Mar 19991,8338,94812.471.84$39,307
Feb 19991,4524,6809.981.82$22,998
Jan 19991,8385,25310.381.90$29,059
Dec 19982,3885,0799.201.77$30,976
Nov 19982,1865,01110.892.19$34,758
Oct 19982,5266,06212.421.97$43,310
Sep 19982,1246,35612.592.08$39,978
Aug 19982,3145,20211.301.91$36,070
Jul 19982,7056,25011.742.24$45,740
Jun 19982,5217,04111.242.24$44,089
May 19982,7338,46012.622.21$53,156
Apr 19982,9259,29113.042.51$61,419
Mar 19983,19810,55512.802.31$65,311
Feb 19983,47614,17013.952.30$81,069
Jan 19984,96220,20714.702.15$116,483
Dec 19978,34334,97116.322.41$220,476
Nov 199718039918.193.09$4,506
Oct 19971791,64419.253.15$8,624
Sep 19971801,96617.742.95$9,002
Aug 19971852,16017.862.55$8,822
Jul 19973553,29017.582.25$13,633
Jun 19975433,73917.242.26$17,801
May 19973552,59018.972.31$12,713
Apr 19971811,59617.882.08$6,560
Mar 19971832,76518.951.94$8,830
Feb 19973742,57020.492.21$13,332
Jan 19973672,95523.483.54$19,077
Dec 19961853,66223.32$4,314
Nov 19963643,80821.97$7,997
Oct 1996357023.31$8,322
Sep 19963754,05922.22$8,333
Aug 19963704,64920.26$7,496
Jul 19967575,75219.55$14,799
Jun 19963604,73818.73$6,743
May 19965805,26919.43$11,269
Apr 19965505,47821.51$11,831
Mar 19967445,82719.38$14,419
Feb 19967265,19016.98$12,327
Jan 19967484,92317.07$12,768
Dec 19958955,45517.19$15,385
Nov 19957404,39116.00$11,840
Oct 19957394,83115.43$11,403
Sep 19957315,57116.18$11,828
Aug 19959106,30215.92$14,487
Jul 19951,1156,11615.24$16,993
Jun 19959376,36516.41$15,376
May 19951,1417,13317.56$20,036
Apr 19951,7157,80517.73$30,407
Mar 19951,5029,01116.44$24,693
Feb 19951,6879,02916.58$27,970
Jan 19952,55311,36315.92$40,644
Dec 19943,10414,72015.03$46,653
Nov 19945,13123,39215.90$81,583
Oct 19943,62711,85015.58$56,509
Sep 19948829515.29$1,346
Aug 19941031,17216.13$1,661
Jul 19941881,24317.56$3,301
Jun 199431,29917.09$51
May 19941931,23815.88$3,065
Apr 199461,05314.14$85
Mar 19941901,45412.46$2,367
Feb 19943311,20512.50$4,138
Jan 199451,46312.66$63
Dec 199351,51912.33$62
Nov 19931941,65414.49$2,811
Oct 19931891,78115.85$2,996
Sep 19931911,88115.03$2,871
Aug 19931911,97915.66$2,991
Jul 19931892,09415.46$2,922
Jun 19933712,07916.79$6,229
May 19931971,89917.68$3,483
Apr 19933802,43518.05$6,859
Mar 19931972,80018.14$3,574
Feb 19933832,30717.90$6,856
Jan 19933792,64716.93$6,416

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     1,029 Mcf  × $  3.05 =     $3,134

────────────────────────────────────────────────────
Month total                                   $3,134

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/20648 is the state's own key, not one this site invented.