SCHUBERT-HEMPLE 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 21074District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$37 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
OilDisposition70,242 bbl$2,237,281
Casinghead gasProduction445,555 Mcf$1,036,111
Total$3,273,392

193,977 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 29.9940, -96.8977. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.99395, -96.89773 · 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
12,507 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 12,507 ft.

Completions filed
Apr 1991
1 of 1 wells

1 well

42-14932444112,507 ftApr 1991

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 20261322106.413.05$1,087
Apr 2026118498.932.87$627
Mar 202618319389.753.15$17,032
Feb 2026159363.503.75$2,287
Jan 2026018559.138.00$1,480
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025011862.743.08$363
Aug 202517325863.933.01$11,838
Jul 2025029166.743.32$965
Jun 2025028366.483.13$885
May 202518512560.553.23$11,606
Apr 2025016062.363.54$567
Mar 2025020667.704.27$879
Feb 202519438570.884.34$15,422
Jan 20250074.324.28$0
Dec 20240668.993.12$19
Nov 2024017369.052.20$380
Oct 2024020171.372.28$459
Sep 202416727269.612.36$12,268
Aug 2024032175.632.06$662
Jul 202418927379.932.15$15,693
Jun 2024030678.082.63$806
May 2024142078.812.20$1,002
Apr 202404284.451.66$70
Mar 202419116780.301.55$15,595
Feb 202406176.091.78$109
Jan 2024013573.023.30$445
Dec 2023127671.262.61$792
Nov 202319022877.892.81$15,439
Oct 2023032385.443.09$997
Sep 2023032989.042.74$900
Aug 202319035080.522.67$16,234
Jul 2023035974.852.64$948
Jun 2023037168.962.26$838
May 202318431970.622.23$13,705
Apr 2023032678.122.24$730
Mar 2023033472.852.39$799
Feb 202318123375.112.47$14,169
Jan 2023027876.533.39$942
Dec 2022125576.415.73$1,537
Nov 202217825985.005.65$16,592
Oct 2022137787.185.86$2,298
Sep 2022039584.888.16$3,225
Aug 2022046394.529.13$4,226
Jul 2022188445101.587.54$22,453
Jun 20220390115.097.98$3,111
May 20220441109.378.43$3,719
Apr 2022189403104.226.84$22,453
Mar 20220367108.885.08$1,863
Feb 202218634491.054.86$18,607
Jan 2022033881.844.54$1,534
Dec 2021035571.323.90$1,384
Nov 202119537877.435.24$17,078
Oct 202119457879.795.71$18,782
Sep 2021043669.865.35$2,333
Aug 2021025066.024.22$1,055
Jul 202118427070.783.98$14,099
Jun 2021046669.493.38$1,575
May 2021028763.483.02$866
Apr 2021014060.362.76$386
Mar 202118913761.302.72$11,958
Feb 2021017057.805.55$943
Jan 2021017350.412.81$486
Dec 2020016744.642.68$447
Nov 2020017138.772.71$463
Oct 202017554036.972.48$7,808
Sep 2020039837.091.99$792
Aug 2020020039.982.39$477
Jul 202017815138.371.83$7,105
Jun 2020017134.901.69$289
May 2020024716.921.81$448
Apr 202016549614.751.80$3,329
Mar 2020010430.341.86$193
Feb 2020016249.881.98$321
Jan 202001657.252.09$34
Dec 2019034159.012.30$786
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 201916131355.052.66$9,695
Aug 2019035053.112.30$807
Jul 201917432356.272.46$10,586
Jun 2019029652.782.49$737
May 2019022258.482.74$608
Apr 2019032662.632.75$897
Mar 201917231756.803.06$10,740
Feb 2019030150.852.79$840
Jan 201918241246.033.23$9,707
Dec 2018030246.594.19$1,264
Nov 2018033852.934.24$1,432
Oct 201817337561.443.40$11,903
Sep 2018032159.543.11$998
Aug 2018033759.403.07$1,033
Jul 2018022865.142.93$668
Jun 201815335660.183.08$10,303
May 201817237965.382.90$12,345
Apr 2018035163.842.90$1,018
Mar 2018038261.222.79$1,065
Feb 2018031361.782.77$866
Jan 201819134762.874.01$13,399
Dec 2017032557.272.92$949
Nov 2017034255.423.12$1,066
Oct 201719648849.292.98$11,117
Sep 2017065247.523.09$2,013
Aug 2017063245.373.00$1,899
Jul 2017063943.873.09$1,973
Jun 201719149742.493.09$9,650
May 2017042945.373.26$1,400
Apr 2017086147.933.21$2,765
Mar 201717584646.772.98$10,709
Feb 2017067850.452.95$2,002
Jan 2017064649.413.42$2,209
Dec 201619150948.763.72$11,208
Nov 2016043142.492.64$1,140
Oct 2016039446.193.09$1,218
Sep 201617835141.553.10$8,484
Aug 2016030641.442.92$895
Jul 2016029141.622.92$851
Jun 201618331045.352.69$9,132
May 2016033442.521.99$665
Apr 2016031036.561.99$617
Mar 201617738433.011.79$6,532
Feb 2016038926.472.06$803
Jan 2016040927.352.36$967
Dec 201519041032.362.00$6,969
Nov 2015030038.792.17$650
Oct 2015025943.552.43$628
Sep 2015031042.992.76$855
Aug 201517526540.162.87$7,789
Jul 2015030448.152.95$895
Jun 201519135356.152.88$11,742
May 2015033955.212.96$1,002
Apr 2015032349.822.71$874
Mar 201519037542.892.93$9,250
Feb 2015037744.662.98$1,122
Jan 2015049943.433.10$1,547
Dec 201418542754.693.59$11,651
Nov 2014034770.464.25$1,475
Oct 2014032078.303.90$1,248
Sep 201418230686.164.05$16,919
Aug 2014032289.394.04$1,299
Jul 2014029796.564.18$1,241
Jun 201418740298.164.74$20,260
May 2014036694.734.73$1,730
Apr 2014038995.944.81$1,871
Mar 201419139695.895.06$20,317
Feb 2014037097.406.19$2,291
Jan 2014044890.404.86$2,178
Dec 201319644091.824.35$19,913
Nov 2013033688.853.74$1,256
Oct 201317935797.423.78$18,787
Sep 20130342104.113.72$1,271
Aug 20130335104.253.52$1,180
Jul 2013178367102.523.72$19,613
Jun 2013037994.403.93$1,491
May 201318952394.834.15$20,093
Apr 2013021293.964.28$908
Mar 2013036793.623.91$1,436
Feb 201319330191.233.42$18,637
Jan 2013026591.603.42$906
Dec 2012029986.773.42$1,023
Nov 201218632886.953.62$17,362
Oct 2012039789.383.40$1,350
Sep 201219240794.672.92$19,364
Aug 2012042492.662.91$1,233
Jul 2012042285.133.02$1,275
Jun 201218641279.822.52$15,884
May 2012045591.612.49$1,132
Apr 20120455101.652.00$909
Mar 2012190517105.052.22$21,108
Feb 20120526101.102.57$1,352
Jan 2012055498.092.73$1,515
Dec 201118451096.873.24$19,476
Nov 2011047195.723.31$1,560
Oct 201118449584.983.65$17,442
Sep 2011047883.623.99$1,905
Aug 2011045983.404.15$1,905
Jul 201117643594.144.52$18,534
Jun 2011042092.904.64$1,949
May 201118947598.134.40$20,639
Apr 20110443105.964.33$1,920
Mar 201119047796.364.06$20,244
Feb 2011048585.644.18$2,027
Jan 201119152886.504.59$18,944
Dec 2010048085.734.35$2,087
Nov 2010045280.843.80$1,715
Oct 201018744578.103.51$16,166
Sep 2010043972.633.98$1,747
Aug 201018745673.684.42$15,793
Jul 2010059472.554.74$2,813
Jun 2010050370.364.91$2,470
May 201019564171.124.24$16,583
Apr 2010056181.694.12$2,313
Mar 201018751278.394.39$16,906
Feb 2010048773.585.44$2,650
Jan 201019059474.365.96$17,671
Dec 2009054771.445.48$3,000
Nov 2009057874.593.75$2,168
Oct 200918855372.544.11$15,910
Sep 2009055765.543.06$1,707
Aug 200918856967.423.22$14,506
Jul 2009057661.133.46$1,996
Jun 200919256366.163.90$14,896
May 2009063954.743.93$2,509
Apr 200918860146.773.59$10,949
Mar 2009060842.144.06$2,468
Feb 200919653932.814.63$8,928
Jan 2009057735.865.37$3,099
Dec 200819670537.105.98$11,485
Nov 2008059655.496.86$4,089
Oct 200819364775.246.92$19,000
Sep 20080589101.767.88$4,640
Aug 2008193591114.228.48$27,058
Jul 20080634131.0811.39$7,221
Jun 2008194637131.3313.03$33,780
May 20080669123.1711.57$7,743
Apr 2008195651110.3110.45$28,317
Mar 20080654101.909.66$6,320
Feb 200819665992.538.77$23,916
Jan 2008071090.388.21$5,826
Dec 200719870788.337.30$22,652
Nov 2007067791.677.29$4,936
Oct 200719567382.856.92$20,814
Sep 2007068775.846.24$4,290
Aug 200719369069.066.39$17,736
Jul 2007170270.906.39$4,555
Jun 200719072362.007.55$17,238
May 200717772158.747.85$16,054
Apr 200719667959.617.81$16,983
Mar 2007173356.927.30$5,409
Feb 200719966155.108.22$16,396
Jan 200718869050.306.73$14,098
Dec 2006074656.656.92$5,161
Nov 2006179354.207.62$6,095
Oct 200618077954.906.01$14,567
Sep 200617275760.085.04$14,147
Aug 2006075368.717.34$5,527
Jul 200618773769.376.34$17,647
Jun 2006173766.286.38$4,771
May 200618078666.016.42$16,932
Apr 200616776964.397.36$16,413
Mar 2006084656.707.08$5,992
Feb 200616676757.597.75$15,505
Jan 200618687360.598.93$19,069
Dec 2005090054.9413.42$12,074
Nov 200516587654.6910.59$18,299
Oct 200515288958.3413.80$21,132
Sep 2005184261.4512.08$10,232
Aug 200511985561.519.80$15,696
Jul 200510579555.697.84$12,083
Jun 200515479252.337.38$13,905
May 200515870245.226.65$11,814
Apr 2005060349.207.36$4,438
Mar 200513180450.377.15$12,351
Feb 200515263845.226.31$10,900
Jan 200511463943.166.32$8,960
Dec 200412967539.866.75$9,699
Nov 20046443145.286.33$5,626
Oct 200412163149.706.52$10,125
Sep 200411462343.245.28$8,221
Aug 200416883642.375.55$11,759
Jul 2004078438.286.08$4,770
Jun 200416076336.106.43$10,684
May 200418073737.486.49$11,533
Apr 2004073634.475.86$4,312
Mar 200415277734.365.53$9,520
Feb 200417774932.455.51$9,870
Jan 200417566332.036.30$9,782
Dec 2003064030.266.30$4,033
Nov 200316965928.804.60$7,895
Oct 200317487028.174.76$9,042
Sep 2003086926.314.75$4,127
Aug 200317186029.765.13$9,501
Jul 200317994529.415.17$10,151
Jun 2003093928.565.98$5,618
May 20031781,07626.595.97$11,160
Apr 200318180526.675.41$9,180
Mar 200317993831.146.10$11,292
Feb 200318470433.487.93$11,740
Jan 200317988830.315.58$10,382
Dec 200218186526.914.85$9,069
Nov 2002089224.664.14$3,690
Oct 200217787826.464.23$8,397
Sep 200217991227.443.64$8,227
Aug 200235685525.963.16$11,947
Jul 2002081824.583.06$2,505
Jun 200218088823.733.34$7,236
May 20021841,16024.663.58$8,695
Apr 20021831,00623.653.51$7,861
Mar 20021871,05322.003.10$7,381
Feb 200219593618.222.38$5,777
Jan 200201,10817.172.38$2,632
Dec 20011941,26116.932.36$6,266
Nov 20011971,28818.072.41$6,658
Oct 20011971,41219.782.53$7,467
Sep 20011941,36524.262.25$7,779
Aug 20011921,45124.873.05$9,205
Jul 200101,35123.933.20$4,319
Jun 20011981,46324.563.82$10,458
May 20011981,52425.524.31$11,617
Apr 20013951,59624.685.34$18,264
Mar 200101,61524.545.38$8,683
Feb 20013811,46627.755.77$19,027
Jan 200101,54727.478.40$12,993
Dec 20003621,56726.889.12$24,026
Nov 200001,41732.215.66$8,017
Oct 20001921,54931.235.15$13,967
Sep 20003601,55731.875.19$19,549
Aug 200001,11229.644.54$5,049
Jul 20003911,43328.534.09$17,016
Jun 200001,49029.304.40$6,552
May 20003581,71927.263.68$16,085
Apr 20001921,70724.513.12$10,025
Mar 20001911,83828.422.86$10,684
Feb 200001,74627.622.73$4,760
Jan 20003351,53325.272.48$12,268
Dec 19991921,79924.282.42$9,022
Nov 19991901,72923.192.43$8,614
Oct 19991901,24020.982.80$7,463
Sep 19993771,60321.752.62$12,398
Aug 199971,57419.262.88$4,661
Jul 19995441,50617.892.37$13,305
Jun 19991891,40915.942.36$6,341
May 19991901,93015.792.32$7,480
Apr 19993191,87015.102.21$8,946
Mar 19993601,91312.471.84$8,006
Feb 199901,7719.981.82$3,219
Jan 19993811,97110.381.90$7,700
Dec 19981901,9919.201.77$5,279
Nov 19981891,95110.892.19$6,323
Oct 19983391,89712.421.97$7,946
Sep 199801,60812.592.08$3,349
Aug 19981871,53811.301.91$5,047
Jul 19983671,68011.742.24$8,067
Jun 19981812,11611.242.24$6,769
May 19983612,32112.622.21$9,677
Apr 19981662,15913.042.51$7,574
Mar 19983662,28612.802.31$9,964
Feb 19981862,28413.952.30$7,846
Jan 19983592,31914.702.15$10,274
Dec 19971662,51016.322.41$8,761
Nov 19973612,29718.193.09$13,660
Oct 19973602,38619.253.15$14,445
Sep 19973362,61717.742.95$13,694
Aug 19973652,68317.862.55$13,373
Jul 19971702,51017.582.25$8,628
Jun 19973512,49217.242.26$11,676
May 19973332,57718.972.31$12,266
Apr 19973492,53117.882.08$11,512
Mar 19973382,83918.951.94$11,910
Feb 19973512,61920.492.21$12,969
Jan 19973532,61323.483.54$17,538
Dec 19963512,87223.32$8,185
Nov 19965152,90321.97$11,315
Oct 19963583,13623.31$8,345
Sep 19965103,27122.22$11,332
Aug 19963574,05920.26$7,233
Jul 19965264,26119.55$10,283
Jun 19963394,12318.73$6,349
May 19965314,22019.43$10,317
Apr 19965164,38921.51$11,099
Mar 19965494,79919.38$10,640
Feb 19965324,40716.98$9,033
Jan 19965433,58717.07$9,269
Dec 19955621,95017.19$9,661
Nov 19955601,82016.00$8,960
Oct 19955561,24815.43$8,579
Sep 19957101,42116.18$11,488
Aug 199571398215.92$11,351
Jul 19955441,47415.24$8,291
Jun 19955282,26016.41$8,664
May 19955322,86717.56$9,342
Apr 19953772,84417.73$6,684
Mar 19956854,39516.44$11,261
Feb 19955423,02516.58$8,986
Jan 19957133,22215.92$11,351
Dec 19947343,25215.03$11,032
Nov 19945513,25015.90$8,761
Oct 19943612,93915.58$5,624
Sep 19948673,40815.29$13,256
Aug 19945283,61016.13$8,517
Jul 19947043,65317.56$12,362
Jun 19945513,65417.09$9,417
May 19947313,69015.88$11,608
Apr 19947423,82414.14$10,492
Mar 19947424,17012.46$9,245
Feb 19947063,72412.50$8,825
Jan 19947054,58612.66$8,925
Dec 19931,0784,53012.33$13,292
Nov 19935524,25714.49$7,998
Oct 19937274,41115.85$11,523
Sep 19937305,86815.03$10,972
Aug 19931,0736,53115.66$16,803
Jul 19939047,22815.46$13,976
Jun 19931,0768,10516.79$18,066
May 19931,0925,03617.68$19,307
Apr 19931,2706,42318.05$22,924
Mar 19931,0826,95918.14$19,627
Feb 19931,4668,08617.90$26,241
Jan 19931,4639,24816.93$24,769

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                    1 bbl  × $106.41 =       $106
Casinghead gas       322 Mcf  × $  3.05 =       $981

────────────────────────────────────────────────────
Month total                                   $1,087

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/21074 is the state's own key, not one this site invented.