GOLDEN TRIANGLE

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 21277District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$8.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$170 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

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
OilDisposition228,779 bbl$7,481,086
Casinghead gasProduction319,105 Mcf$1,108,550
Total$8,589,636

65,087 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 30.6164, -96.6233. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.61641, -96.62333 · 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
10,030 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 10,030 ft.

Completions filed
Nov 1993
1 of 1 wells

1 well

42-05133282110,030 ftNov 1993

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 2026179256106.413.05$19,827
Apr 20261791898.932.87$17,760
Mar 202633773289.753.15$32,551
Feb 2026058863.503.75$2,205
Jan 202617632059.138.00$12,966
Dec 202535665456.664.41$23,057
Nov 202516832658.593.93$11,123
Oct 2025019859.383.30$654
Sep 202518133562.743.08$12,387
Aug 20250063.933.01$0
Jul 202535631766.743.32$24,810
Jun 202516854966.483.13$12,886
May 20250060.553.23$0
Apr 20253526262.363.54$22,170
Mar 20251067.704.27$68
Feb 2025170070.884.34$12,050
Jan 202503874.324.28$163
Dec 202419428468.993.12$14,271
Nov 202416434469.052.20$12,080
Oct 202435369271.372.28$26,772
Sep 202407869.612.36$184
Aug 202417735275.632.06$14,113
Jul 202418049579.932.15$15,450
Jun 202416424378.082.63$13,445
May 202417538478.812.20$14,636
Apr 202418437184.451.66$16,154
Mar 202417940480.301.55$14,998
Feb 202419032676.091.78$15,039
Jan 202436568673.023.30$28,914
Dec 2023025971.262.61$676
Nov 202334868677.892.81$29,032
Oct 202304185.443.09$127
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202320627174.852.64$16,135
Jun 202317741668.962.26$13,145
May 202318852470.622.23$14,444
Apr 202317317578.122.24$13,906
Mar 202318532672.852.39$14,257
Feb 202317823075.112.47$13,937
Jan 202320227376.533.39$16,384
Dec 202218027476.415.73$15,324
Nov 202218930785.005.65$17,798
Oct 202218428487.185.86$17,706
Sep 202218432984.888.16$18,304
Aug 202218535394.529.13$20,708
Jul 2022206377101.587.54$23,769
Jun 2022178332115.097.98$23,134
May 2022178364109.378.43$22,537
Apr 2022187321104.226.84$21,684
Mar 2022159257108.885.08$18,617
Feb 202217311691.054.86$16,315
Jan 202218119181.844.54$15,680
Dec 202118828871.323.90$14,531
Nov 202119122777.435.24$15,978
Oct 202119334879.795.71$17,388
Sep 202135637069.865.35$26,850
Aug 2021029866.024.22$1,258
Jul 202136436570.783.98$27,217
Jun 202116730669.493.38$12,639
May 202118033363.483.02$12,431
Apr 202117928560.362.76$11,591
Mar 202136431161.302.72$23,158
Feb 2021023457.805.55$1,298
Jan 202136127650.412.81$18,974
Dec 202018430644.642.68$9,032
Nov 202017834238.772.71$7,827
Oct 202035737436.972.48$14,125
Sep 202018039437.091.99$7,461
Aug 202018345539.982.39$8,402
Jul 202018243438.371.83$7,775
Jun 202017639034.901.69$6,802
May 202035937416.921.81$6,753
Apr 2020037914.751.80$684
Mar 202017064130.341.86$6,348
Feb 202036057749.881.98$19,100
Jan 202017664157.252.09$11,419
Dec 201935247759.012.30$21,871
Nov 201917973155.302.75$11,909
Oct 201917671753.472.42$11,145
Sep 201934979455.052.66$21,322
Aug 201917764753.112.30$10,891
Jul 201935278656.272.46$21,741
Jun 201917571252.782.49$11,010
May 201935376158.482.74$22,729
Apr 201935874762.632.75$24,476
Mar 201917870456.803.06$12,266
Feb 201935265850.852.79$19,736
Jan 201936756046.033.23$18,701
Dec 201818969746.594.19$11,723
Nov 201837244452.934.24$21,571
Oct 201835984061.443.40$24,911
Sep 201835884559.543.11$23,942
Aug 201819264759.403.07$13,389
Jul 201837980765.142.93$27,054
Jun 201817966860.183.08$12,828
May 2018063765.382.90$1,848
Apr 201817956363.842.90$13,061
Mar 201819261061.222.79$13,454
Feb 201818248061.782.77$12,572
Jan 201818152562.874.01$13,484
Dec 2017056357.272.92$1,645
Nov 201718648155.423.12$11,808
Oct 201719054349.292.98$10,985
Sep 201718751147.523.09$10,464
Aug 2017062545.373.00$1,878
Jul 201715469243.873.09$8,892
Jun 201717961842.493.09$9,514
May 201717761745.373.26$10,044
Apr 201718058647.933.21$10,509
Mar 201718057146.772.98$10,122
Feb 2017056550.452.95$1,668
Jan 201718561649.413.42$11,247
Dec 201617459948.763.72$10,714
Nov 201618259842.492.64$9,315
Oct 201617962946.193.09$10,212
Sep 201618062641.553.10$9,420
Aug 201617667941.442.92$9,279
Jul 201617574641.622.92$9,465
Jun 2016068845.352.69$1,848
May 201617566742.521.99$8,769
Apr 201617263936.561.99$7,561
Mar 201617856733.011.79$6,893
Feb 201617758926.472.06$5,901
Jan 201618271627.352.36$6,671
Dec 201518354232.362.00$7,007
Nov 201519259438.792.17$8,735
Oct 201518959543.552.43$9,675
Sep 201536764542.992.76$17,557
Aug 2015064640.162.87$1,856
Jul 201516169748.152.95$9,805
Jun 201518067956.152.88$12,064
May 201518169955.212.96$12,059
Apr 201518464649.822.71$10,915
Mar 201518462842.892.93$9,735
Feb 201518259744.662.98$9,905
Jan 201518767143.433.10$10,202
Dec 201419365054.693.59$12,890
Nov 201418763770.464.25$15,884
Oct 201418474278.303.90$17,302
Sep 201418173286.164.05$18,556
Aug 201418175089.394.04$19,206
Jul 201417777196.564.18$20,314
Jun 201418573898.164.74$21,655
May 201418572294.734.73$20,938
Apr 201418274395.944.81$21,034
Mar 201418067795.895.06$20,684
Feb 201417858697.406.19$20,966
Jan 201419069690.404.86$20,559
Dec 201317769291.824.35$19,265
Nov 201336369288.853.74$34,839
Oct 201318079597.423.78$20,540
Sep 2013187799104.113.72$22,439
Aug 2013180835104.253.52$21,706
Jul 2013181826102.523.72$21,627
Jun 201335782094.403.93$36,926
May 201318381894.834.15$20,748
Apr 201318797193.964.28$21,729
Mar 201318638293.623.91$18,908
Feb 201318359191.233.42$18,716
Jan 201318081191.603.42$19,262
Dec 201218186186.773.42$18,650
Nov 201236184386.953.62$34,445
Oct 201218084989.383.40$18,975
Sep 201218881894.672.92$20,185
Aug 201218381192.662.91$19,315
Jul 201219178885.133.02$18,640
Jun 201217977279.822.52$16,232
May 201235481091.612.49$34,445
Apr 2012171787101.652.00$18,954
Mar 2012179794105.052.22$20,568
Feb 2012184677101.102.57$20,342
Jan 201218679198.092.73$20,407
Dec 201136077196.873.24$37,371
Nov 201118382695.723.31$20,252
Oct 201118574584.983.65$18,439
Sep 201118078383.623.99$18,172
Aug 201136282983.404.15$33,631
Jul 201117779494.144.52$20,249
Jun 201117985092.904.64$20,573
May 201135486898.134.40$38,561
Apr 2011178841105.964.33$22,505
Mar 201118381196.364.06$20,924
Feb 201136460285.644.18$33,689
Jan 201119271586.504.59$19,889
Dec 201018775985.734.35$19,331
Nov 201036265480.843.80$31,746
Oct 201018285978.103.51$17,228
Sep 201036869072.633.98$29,474
Aug 201018688773.684.42$17,624
Jul 201017590172.554.74$16,964
Jun 201036483370.364.91$29,701
May 201017985971.124.24$16,369
Apr 201036477181.694.12$32,914
Mar 201017977778.394.39$17,442
Feb 201018666173.585.44$17,283
Jan 201037083074.365.96$32,463
Dec 200935882571.445.48$30,100
Nov 200918184574.593.75$16,671
Oct 200935697172.544.11$29,815
Sep 200918172765.543.06$14,091
Aug 200935791667.423.22$27,017
Jul 200916092261.133.46$12,975
Jun 200933988366.163.90$25,868
May 200917889554.743.93$13,257
Apr 200935281846.773.59$19,398
Mar 200936789642.144.06$19,102
Feb 200918581132.814.63$9,827
Jan 20093771,05035.865.37$19,159
Dec 200837979537.105.98$18,813
Nov 200838380855.496.86$26,796
Oct 200838181275.246.92$34,287
Sep 2008196669101.767.88$25,215
Aug 2008197604114.228.48$27,625
Jul 20085471,011131.0811.39$83,215
Jun 2008195833131.3313.03$36,466
May 2008388814123.1711.57$57,211
Apr 2008382960110.3110.45$52,175
Mar 2008381954101.909.66$48,043
Feb 20087641,13892.538.77$80,674
Jan 200838888590.388.21$42,330
Dec 2007091888.337.30$6,703
Nov 200737185591.677.29$40,244
Oct 20071891,01882.856.92$22,705
Sep 200738095875.846.24$34,801
Aug 200738179369.066.39$31,378
Jul 200718594970.906.39$19,179
Jun 200737690562.007.55$30,143
May 200755779758.747.85$38,972
Apr 200738084659.617.81$29,255
Mar 200737179856.927.30$26,944
Feb 200737671855.108.22$26,617
Jan 200738377750.306.73$24,492
Dec 200637473556.656.92$26,272
Nov 200638758254.207.62$25,409
Oct 200637966554.906.01$24,806
Sep 200656776760.085.04$37,929
Aug 200637977468.717.34$31,722
Jul 200636680269.376.34$30,476
Jun 200637297966.286.38$30,906
May 200637376266.016.42$29,518
Apr 200637973264.397.36$29,792
Mar 200638175556.707.08$26,950
Feb 200638264457.597.75$26,991
Jan 200656578060.598.93$41,201
Dec 200556672154.9413.42$40,769
Nov 200537793354.6910.59$30,497
Oct 200538095858.3413.80$35,386
Sep 200536677161.4512.08$31,804
Aug 20055721,03561.519.80$45,323
Jul 200555557755.697.84$35,434
Jun 200556980752.337.38$35,732
May 200518367245.226.65$12,745
Apr 200576088449.207.36$43,899
Mar 200538083350.377.15$25,101
Feb 200537843945.226.31$19,864
Jan 20053701,12743.166.32$23,094
Dec 20047411,13239.866.75$37,178
Nov 200437995545.286.33$23,207
Oct 200474286349.706.52$42,500
Sep 200436997743.245.28$21,118
Aug 20047431,06842.375.55$37,409
Jul 20043771,27738.286.08$22,201
Jun 20047611,09136.106.43$34,491
May 20047571,33937.486.49$37,069
Apr 200437499634.475.86$18,727
Mar 200474881834.365.53$30,225
Feb 20047601,00032.455.51$30,172
Jan 20043711,01632.036.30$18,284
Dec 200374092930.266.30$28,247
Nov 200374280228.804.60$25,055
Oct 200337396128.174.76$15,081
Sep 20037301,03826.314.75$24,136
Aug 20037511,00229.765.13$27,490
Jul 20037491,08329.415.17$27,628
Jun 20033631,04228.565.98$16,602
May 200372758526.595.97$22,825
Apr 20037391,10426.675.41$25,679
Mar 20037381,04831.146.10$29,370
Feb 20037451,01933.487.93$33,019
Jan 20037451,27830.315.58$29,715
Dec 20027401,10126.914.85$25,257
Nov 20027301,13924.664.14$22,714
Oct 20027271,10726.464.23$23,918
Sep 20021,1161,31427.443.64$35,400
Aug 20027291,28525.963.16$22,991
Jul 20027271,49724.583.06$22,453
Jun 20021,1111,28723.733.34$30,660
May 20027381,25124.663.58$22,683
Apr 20021,1051,17623.653.51$30,264
Mar 20021,1121,38222.003.10$28,752
Feb 20027441,12718.222.38$16,233
Jan 20021,1111,17617.172.38$21,870
Dec 20017461,28416.932.36$15,666
Nov 20011,1331,50318.072.41$24,089
Oct 20011,0871,48719.782.53$25,261
Sep 20011,4631,59024.262.25$39,072
Aug 20011,1001,41524.873.05$31,677
Jul 20011,4641,77623.933.20$40,712
Jun 20011,4742,14724.563.82$44,412
May 20011,4701,82225.524.31$45,362
Apr 20011,8291,19724.685.34$51,526
Mar 20011,4651,05324.545.38$41,612
Feb 20011,4791,22727.755.77$48,118
Jan 20012,5441,48027.478.40$82,314
Dec 20002,17469226.889.12$64,750
Nov 200062432.215.66$329
Oct 2000032131.235.15$1,652
Sep 200073179531.875.19$27,420
Aug 200036167629.644.54$13,770
Jul 200073684928.534.09$24,470
Jun 200090077929.304.40$29,795
May 200035871327.263.68$12,383
Apr 200035875424.513.12$11,124
Mar 200072755828.422.86$22,257
Feb 200036156427.622.73$11,509
Jan 200070845025.272.48$19,007
Dec 199936240124.282.42$9,761
Nov 199971838723.192.43$17,592
Oct 199954832520.982.80$12,408
Sep 199974035121.752.62$17,014
Aug 199935762819.262.88$8,682
Jul 199937340917.892.37$7,643
Jun 199975178215.942.36$13,818
May 199974087415.792.32$13,713
Apr 199936797815.102.21$7,701
Mar 199972990512.471.84$10,754
Feb 19997386599.981.82$8,563
Jan 19997201,04810.381.90$9,465
Dec 19983621,1159.201.77$5,308
Nov 19987221,15310.892.19$10,383
Oct 199875599912.421.97$11,344
Sep 199871868212.592.08$10,460
Aug 199871574011.301.91$9,491
Jul 199872279611.742.24$10,257
Jun 199873699411.242.24$10,496
May 199836374412.622.21$6,223
Apr 199874273313.042.51$11,512
Mar 199892146512.802.31$12,863
Feb 199873258413.952.30$11,554
Jan 199874572014.702.15$12,503
Dec 199771472916.322.41$13,410
Nov 199790974018.193.09$18,820
Oct 199772979719.253.15$16,544
Sep 19971,08793717.742.95$22,052
Aug 19977331,23017.862.55$16,234
Jul 19977291,22217.582.25$15,562
Jun 19977231,22717.242.26$15,234
May 19971,0651,24818.972.31$23,084
Apr 19977131,23617.882.08$15,323
Mar 19971,0761,29418.951.94$22,899
Feb 19979061,09020.492.21$20,968
Jan 19971,0691,34123.483.54$29,847
Dec 19961,0691,33623.32$24,929
Nov 19967131,24921.97$15,665
Oct 19961,0691,24523.31$24,918
Sep 19961,0741,28722.22$23,864
Aug 19961,0801,41120.26$21,881
Jul 19961,0741,46019.55$20,997
Jun 19961,0581,60418.73$19,816
May 19961,2741,03119.43$24,754
Apr 19961,0821,04721.51$23,274
Mar 19961,0761,50619.38$20,853
Feb 19961,4331,33416.98$24,332
Jan 19961,0811,55717.07$18,453
Dec 19951,4531,55817.19$24,977
Nov 19951,4441,49716.00$23,104
Oct 19951,4431,63815.43$22,265
Sep 19951,4671,54216.18$23,736
Aug 19951,2651,26815.92$20,139
Jul 19951,7461,64815.24$26,609
Jun 19951,7941,43216.41$29,440
May 19951,07188017.56$18,807
Apr 19951,8061,16617.73$32,020
Mar 19951,07470216.44$17,657
Feb 19951,8111,33216.58$30,026
Jan 19951,7921,74815.92$28,529
Dec 19941,7871,77915.03$26,859
Nov 19941,8031,17015.90$28,668
Oct 19942,1342,01615.58$33,248
Sep 19942,1441,79915.29$32,782
Aug 19942,49092916.13$40,164
Jul 19942,1301,26917.56$37,403
Jun 19942,3001,43417.09$39,307
May 19943,0051,62115.88$47,719
Apr 19942,7111,50114.14$38,334
Mar 19944,3591,97112.46$54,313
Feb 19943,63096912.50$45,375
Jan 19942,86447712.66$36,258
Dec 19935,6011,58112.33$69,060
Nov 19936,46529314.49$93,678
Oct 19930015.85$0
Sep 19931,45986015.03$21,929
Aug 19931,43599915.66$22,472
Jul 19931,4401,65115.46$22,262
Jun 19931,8091,48216.79$30,373
May 19931,5181,40417.68$26,838
Apr 19931,8801,97318.05$33,934
Mar 19932,2621,94518.14$41,033
Feb 19931,8831,82617.90$33,706
Jan 19932,6751,66016.93$45,288

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                  179 bbl  × $106.41 =    $19,047
Casinghead gas       256 Mcf  × $  3.05 =       $780

────────────────────────────────────────────────────
Month total                                  $19,827

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/21277 is the state's own key, not one this site invented.