A. BUSCHA OIL 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 21097District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$9.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$637 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
OilDisposition192,751 bbl$8,034,056
Casinghead gasProduction415,183 Mcf$1,367,543
Total$9,401,598

88,505 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 30.0850, -96.8651. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.08496, -96.86512 · 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
12,856 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 12,856 ft.

Completions filed
Dec 1997
1 of 1 wells

1 well

42-14932431112,856 ftDec 1997

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 20266832,940106.413.05$81,633
Apr 20266963,01998.932.87$77,519
Mar 20261,2253,17789.753.15$119,950
Feb 20261,9082,49663.503.75$130,519
Jan 20262,0992,88759.138.00$147,204
Dec 20251,2342,25856.664.41$79,884
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 202502763.933.01$81
Jul 20251066.743.32$67
Jun 20251066.483.13$66
May 20251755660.553.23$10,777
Apr 202517831462.363.54$12,213
Mar 202517330967.704.27$13,031
Feb 202518260070.884.34$15,505
Jan 202527874.324.28$482
Dec 202418213368.993.12$12,971
Nov 202417634169.052.20$12,902
Oct 2024032671.372.28$744
Sep 202417835069.612.36$13,218
Aug 202417640175.632.06$14,138
Jul 202417639079.932.15$14,905
Jun 202435645378.082.63$28,990
May 2024053078.812.20$1,165
Apr 202417811384.451.66$15,220
Mar 202418046280.301.55$15,168
Feb 202418034176.091.78$14,304
Jan 202418032873.023.30$14,225
Dec 202317930671.262.61$13,554
Nov 2023029877.892.81$837
Oct 202317830585.443.09$16,150
Sep 202317727789.042.74$16,518
Aug 202317723880.522.67$14,888
Jul 202317530474.852.64$13,902
Jun 202317831368.962.26$12,982
May 2023028570.622.23$635
Apr 202317835678.122.24$14,702
Mar 202317936672.852.39$13,916
Feb 202318013575.112.47$13,853
Jan 202317830576.533.39$14,656
Dec 202218325076.415.73$15,415
Nov 202217931685.005.65$16,999
Oct 202217433087.185.86$17,104
Sep 202217833384.888.16$17,827
Aug 2022027794.529.13$2,528
Jul 2022178344101.587.54$20,676
Jun 2022177341115.097.98$23,091
May 2022179354109.378.43$22,563
Apr 2022176355104.226.84$20,770
Mar 2022165353108.885.08$19,757
Feb 202217133691.054.86$17,202
Jan 202218137581.844.54$16,515
Dec 202118242171.323.90$14,622
Nov 202118344777.435.24$16,511
Oct 202117853679.795.71$17,265
Sep 202135861669.865.35$28,306
Aug 202117854066.024.22$14,031
Jul 202135551970.783.98$27,194
Jun 202103569.493.38$118
May 2021046163.483.02$1,391
Apr 202118146760.362.76$12,213
Mar 202134972461.302.72$23,361
Feb 202136135657.805.55$22,841
Jan 2021039250.412.81$1,102
Dec 202036450744.642.68$17,605
Nov 202017484038.772.71$9,020
Oct 202006736.972.48$166
Sep 2020140537.091.99$5,203
Aug 202017742039.982.39$8,078
Jul 202017742338.371.83$7,564
Jun 202035541234.901.69$13,086
May 2020044616.921.81$809
Apr 202017343714.751.80$3,340
Mar 202017746830.341.86$6,239
Feb 202034343249.881.98$17,964
Jan 202017046257.252.09$10,700
Dec 201917119259.012.30$10,533
Nov 201917438155.302.75$10,670
Oct 201916942053.472.42$10,052
Sep 201917140755.052.66$10,495
Aug 201917342053.112.30$10,156
Jul 201917138256.272.46$10,562
Jun 201934243752.782.49$19,139
May 201918040358.482.74$11,631
Apr 201918139862.632.75$12,431
Mar 201917141456.803.06$10,981
Feb 201918540150.852.79$10,527
Jan 201917942346.033.23$9,605
Dec 201836545246.594.19$18,897
Nov 201817044752.934.24$10,892
Oct 201818448461.443.40$12,950
Sep 201817947959.543.11$12,146
Aug 201817349859.403.07$11,803
Jul 201817849965.142.93$13,058
Jun 201834649060.183.08$22,330
May 201817452565.382.90$12,899
Apr 201817653163.842.90$12,776
Mar 201835056861.222.79$23,010
Feb 2018050361.782.77$1,391
Jan 201835355162.874.01$24,402
Dec 201717352557.272.92$11,442
Nov 201734653955.423.12$20,856
Oct 201734061849.292.98$18,603
Sep 2017065547.523.09$2,022
Aug 201734056645.373.00$17,126
Jul 201717567743.873.09$9,767
Jun 201717867342.493.09$9,641
May 201735569845.373.26$18,384
Apr 201734971147.933.21$19,011
Mar 201734676046.772.98$18,450
Feb 201735169850.452.95$19,769
Jan 201718183449.413.42$11,794
Dec 201635199648.763.72$20,823
Nov 20163611,07842.492.64$18,190
Oct 20163371,27246.193.09$19,497
Sep 20165231,28341.553.10$25,709
Aug 20165261,18341.442.92$25,257
Jul 20165101,26441.622.92$24,923
Jun 201634899545.352.69$18,454
May 201617891942.521.99$9,398
Apr 201633861836.561.99$13,588
Mar 201635660333.011.79$12,833
Feb 201618158726.472.06$6,002
Jan 201617064527.352.36$6,175
Dec 201534064932.362.00$12,301
Nov 201535470338.792.17$15,255
Oct 201516990343.552.43$9,551
Sep 201545986342.992.76$22,113
Aug 201534884240.162.87$16,394
Jul 201517085848.152.95$10,712
Jun 201517877556.152.88$12,229
May 201535075155.212.96$21,543
Apr 201517377449.822.71$10,714
Mar 201535795442.892.93$18,111
Feb 20155161,12044.662.98$26,378
Jan 201518193943.433.10$10,772
Dec 20145471,04054.693.59$33,650
Nov 201454699170.464.25$42,685
Oct 20145381,09978.303.90$46,413
Sep 201435589986.164.05$34,224
Aug 201435086089.394.04$34,757
Jul 201436479696.564.18$38,475
Jun 201416073898.164.74$19,201
May 201436280194.734.73$38,078
Apr 201437689895.944.81$40,392
Mar 201454682695.895.06$56,533
Feb 201437761797.406.19$40,540
Jan 201435877890.404.86$36,145
Dec 20137331,05291.824.35$71,885
Nov 201352099288.853.74$49,910
Oct 20133511,02697.423.78$38,072
Sep 2013178654104.113.72$20,963
Aug 2013357751104.253.52$39,863
Jul 2013358809102.523.72$39,710
Jun 201336083194.403.93$37,253
May 201335861694.834.15$36,505
Apr 201336041693.964.28$35,607
Mar 201335957193.623.91$35,844
Feb 201336367891.233.42$35,435
Jan 201336670791.603.42$35,943
Dec 201236196886.773.42$34,635
Nov 20127281,02186.953.62$67,001
Oct 20125441,28389.383.40$52,985
Sep 20123641,13294.672.92$37,764
Aug 20127231,46792.662.91$71,259
Jul 20123621,19185.133.02$34,415
Jun 20123581,06679.822.52$31,261
May 20123591,03791.612.49$35,468
Apr 2012363974101.652.00$38,844
Mar 2012364974105.052.22$40,403
Feb 20125261,263101.102.57$56,425
Jan 20123611,57698.092.73$39,719
Dec 20115331,50696.873.24$56,511
Nov 20115451,24795.723.31$56,297
Oct 20115421,43984.983.65$51,309
Sep 20115401,64683.623.99$51,715
Aug 20118911,54483.404.15$80,716
Jul 20119001,80694.144.52$92,884
Jun 20115411,30092.904.64$56,291
May 201117778898.134.40$20,840
Apr 2011358796105.964.33$41,383
Mar 201136184296.364.06$38,202
Feb 201135974085.644.18$33,838
Jan 201118281586.504.59$19,483
Dec 201035080685.734.35$33,510
Nov 201034677880.843.80$30,923
Oct 201036184378.103.51$31,152
Sep 201035979972.633.98$29,254
Aug 201035584573.684.42$29,891
Jul 201017786872.554.74$16,953
Jun 201036281570.364.91$29,472
May 201035982471.124.24$29,022
Apr 201035854881.694.12$31,504
Mar 201036272578.394.39$31,559
Feb 201036065373.585.44$30,043
Jan 201018176774.365.96$18,034
Dec 200935575471.445.48$29,496
Nov 200936581974.593.75$30,298
Oct 200936285272.544.11$29,761
Sep 200936477665.543.06$26,235
Aug 200936378167.423.22$26,987
Jul 200935979861.133.46$24,710
Jun 200936185566.163.90$27,214
May 2009359054.743.93$19,652
Apr 200918184746.773.59$11,504
Mar 2009363042.144.06$15,297
Feb 200937275532.814.63$15,703
Jan 200938083735.865.37$18,122
Dec 200836982337.105.98$18,609
Nov 200856780355.496.86$36,972
Oct 200837584075.246.92$34,029
Sep 2008187706101.767.88$24,590
Aug 2008351776114.228.48$46,674
Jul 2008368793131.0811.39$57,269
Jun 2008511849131.3313.03$78,174
May 2008184957123.1711.57$33,740
Apr 2008374906110.3110.45$50,728
Mar 2008361936101.909.66$45,831
Feb 200836888392.538.77$41,795
Jan 200835995090.388.21$40,242
Dec 200754298788.337.30$55,082
Nov 200737097591.677.29$41,027
Oct 20073681,37782.856.92$40,020
Sep 200737496775.846.24$34,402
Aug 20071861,01669.066.39$19,335
Jul 20073651,04270.906.39$32,535
Jun 20073741,00962.007.55$30,804
May 20073851,01558.747.85$30,579
Apr 200752592459.617.81$38,507
Mar 200736692956.927.30$27,616
Feb 200737181455.108.22$27,130
Jan 200736688850.306.73$24,383
Dec 200653988556.656.92$36,657
Nov 200636696254.207.62$27,165
Oct 200636496454.906.01$25,781
Sep 200635884960.085.04$25,785
Aug 200635594068.717.34$31,292
Jul 200634498869.376.34$30,130
Jun 200652996866.286.38$41,242
May 200635395566.016.42$29,437
Apr 200634780664.397.36$28,276
Mar 200635998256.707.08$27,311
Feb 200654972357.597.75$37,221
Jan 200636358260.598.93$27,193
Dec 2005368054.9413.42$20,218
Nov 200536993754.6910.59$30,102
Oct 200554298758.3413.80$45,237
Sep 200535686261.4512.08$32,288
Aug 200554754661.519.80$38,995
Jul 200517790055.697.84$16,916
Jun 200552596152.337.38$34,566
May 200533874545.226.65$20,239
Apr 200536377849.207.36$23,586
Mar 200553884250.377.15$33,123
Feb 200533179745.226.31$19,998
Jan 20053631,12543.166.32$22,780
Dec 20045441,09739.866.75$29,090
Nov 200437098645.286.33$22,995
Oct 200435899849.706.52$24,295
Sep 200453883043.245.28$27,649
Aug 20043601,05242.375.55$21,092
Jul 20045191,07538.286.08$26,408
Jun 20043601,08536.106.43$19,976
May 20045401,07537.486.49$27,221
Apr 20043641,08834.475.86$18,921
Mar 20045451,18034.365.53$25,252
Feb 20045061,18532.455.51$22,949
Jan 20045301,30632.036.30$25,203
Dec 20033401,02530.266.30$16,748
Nov 20033611,05128.804.60$15,226
Oct 20035411,34628.174.76$21,646
Sep 20035361,33226.314.75$20,428
Aug 20035281,41229.765.13$22,956
Jul 20037061,53729.415.17$28,711
Jun 20031791,10628.565.98$11,729
May 20035471,31126.595.97$22,375
Apr 20035401,18526.675.41$20,809
Mar 20035491,27831.146.10$24,887
Feb 20035411,11533.487.93$26,950
Jan 20035441,28030.315.58$23,634
Dec 20025441,33826.914.85$21,133
Nov 20025411,41124.664.14$19,178
Oct 20025301,57826.464.23$20,697
Sep 20026961,57527.443.64$24,824
Aug 20026791,65125.963.16$22,851
Jul 20027221,61824.583.06$22,701
Jun 20023381,63023.733.34$13,462
May 20026611,71824.663.58$22,458
Apr 20026861,68523.653.51$22,142
Mar 20029071,60122.003.10$24,921
Feb 20025441,23218.222.38$12,839
Jan 20027031,29517.172.38$15,147
Dec 2001550016.932.36$9,312
Nov 20017211,32018.072.41$16,204
Oct 20015311,36419.782.53$13,953
Sep 20017071,32724.262.25$20,139
Aug 20018921,44424.873.05$26,593
Jul 20017051,45223.933.20$21,513
Jun 20015401,48024.563.82$18,922
May 20018821,51925.524.31$29,051
Apr 20017261,45124.685.34$25,659
Mar 20017111,43524.545.38$25,163
Feb 20017781,31527.755.77$29,173
Jan 20011,1161,58427.478.40$43,960
Dec 20008751,80426.889.12$39,977
Nov 20001,0691,91432.215.66$45,262
Oct 20001,2621,86231.235.15$48,993
Sep 20005351,18531.875.19$23,196
Aug 20008991,42529.644.54$33,117
Jul 20003581,40528.534.09$15,960
Jun 20008961,46529.304.40$32,695
May 20007111,57227.263.68$25,166
Apr 20008851,52524.513.12$26,443
Mar 20007251,59128.422.86$25,154
Feb 20001,0811,54827.622.73$34,078
Jan 20005371,65525.272.48$17,675
Dec 19991,0891,70124.282.42$30,564
Nov 19997161,65023.192.43$20,620
Oct 19998951,80320.982.80$23,832
Sep 19998731,79121.752.62$23,678
Aug 19997241,90119.262.88$19,411
Jul 19991,2462,02217.892.37$27,088
Jun 19997111,98015.942.36$16,010
May 19991,0582,06415.792.32$21,496
Apr 19998941,94415.102.21$17,792
Mar 19999022,02512.471.84$14,971
Feb 19998991,7569.981.82$12,164
Jan 19997211,82710.381.90$10,955
Dec 19981,2652,0679.201.77$15,303
Nov 199854651410.892.19$7,069
Oct 19985401,52912.421.97$9,718
Sep 19981,0801,73912.592.08$17,219
Aug 19987251,79611.301.91$11,618
Jul 19988931,81911.742.24$14,553
Jun 19981,4452,60811.242.24$22,077
May 19981,0802,00312.622.21$18,049
Apr 19981,0922,04213.042.51$19,356
Mar 19981,6403,33912.802.31$28,703
Feb 19981,2642,17713.952.30$22,638
Jan 19981,8133,46514.702.15$34,117
Dec 1997010416.322.41$251
Nov 19970018.193.09$0
Oct 199767589019.253.15$15,797
Sep 19977361,45417.742.95$17,353
Aug 19975621,41617.862.55$13,655
Jul 19976171,41117.582.25$14,017
Jun 199754494917.242.26$11,521
May 199732686418.972.31$8,179
Apr 199737392917.882.08$8,604
Mar 199719772618.951.94$5,141
Feb 199736273320.492.21$9,034
Jan 199736682323.483.54$11,507
Dec 199637591223.32$8,745
Nov 1996962221.97$198
Oct 199633386023.31$7,762
Sep 19965401,20622.22$11,999
Aug 19963531,38920.26$7,152
Jul 19967201,72319.55$14,076
Jun 19965561,93718.73$10,414
May 19966832,00319.43$13,271
Apr 19968661,69121.51$18,628
Mar 19969111,67019.38$17,655
Feb 19967251,53216.98$12,311
Jan 19961,0301,46717.07$17,582
Dec 19951,0321,36817.19$17,740
Nov 19956651,17216.00$10,640
Oct 19956601,38515.43$10,184
Sep 19958821,53016.18$14,271
Aug 19958871,64015.92$14,121
Jul 19958941,72215.24$13,625
Jun 19959161,59216.41$15,032
May 19957161,64017.56$12,573
Apr 19959091,67117.73$16,117
Mar 19951,2652,30916.44$20,797
Feb 19957192,12816.58$11,921
Jan 19951,1102,52615.92$17,671
Dec 19941,6362,65715.03$24,589
Nov 19945482,19615.90$8,713
Oct 19941,2422,91415.58$19,350
Sep 19941,2342,63615.29$18,868
Aug 19941,2642,75016.13$20,388
Jul 19941,3652,84717.56$23,969
Jun 19941,7172,84617.09$29,344
May 19947371,04615.88$11,704
Apr 19945491,11614.14$7,763
Mar 19941,8682,79312.46$23,275
Feb 19949302,37212.50$11,625
Jan 19942,1542,24912.66$27,270
Dec 199318778812.33$2,306
Nov 19931,7891,02914.49$25,923
Oct 199331,05415.85$48
Sep 19937312,15815.03$10,987
Aug 19931,0852,25915.66$16,991
Jul 19939062,25915.46$14,007
Jun 19931,1082,23616.79$18,603
May 19939042,42317.68$15,983
Apr 19931,0681,52018.05$19,277
Mar 19937382,26118.14$13,387
Feb 19931,3082,15817.90$23,413
Jan 19931,1222,24316.93$18,995

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                  683 bbl  × $106.41 =    $72,678
Casinghead gas     2,940 Mcf  × $  3.05 =     $8,955

────────────────────────────────────────────────────
Month total                                  $81,633

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/21097 is the state's own key, not one this site invented.