KTB 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 21310District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$10.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$2 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
OilDisposition154,194 bbl$5,673,563
Casinghead gasProduction1,369,380 Mcf$5,097,803
Total$10,771,366

329,343 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 29.9354, -96.9175. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.93544, -96.91747 · 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
12,969 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 12,969 ft.

Completions filed
Dec 2000
1 of 1 wells

1 well

42-14932503112,969 ftDec 2000

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 202625106.413.05$228
Apr 20263398.932.87$305
Mar 20260489.753.15$13
Feb 20260463.503.75$15
Jan 20260659.138.00$48
Dec 20255356.664.41$297
Nov 202501358.593.93$51
Oct 202562259.383.30$429
Sep 20250962.743.08$28
Aug 20252863.933.01$152
Jul 20251866.743.32$93
Jun 20251366.483.13$76
May 202561360.553.23$405
Apr 202541562.363.54$303
Mar 20251967.704.27$106
Feb 20251832370.884.34$13,071
Jan 20250074.324.28$0
Dec 2024027168.993.12$846
Nov 20241721,22569.052.20$14,570
Oct 2024095371.372.28$2,174
Sep 20241781,69569.612.36$16,398
Aug 20241901,83075.632.06$18,146
Jul 202401,48679.932.15$3,190
Jun 20241951,81478.082.63$20,004
May 20241911,87678.812.20$19,177
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240973.023.30$30
Dec 20230071.262.61$0
Nov 20231717477.892.81$13,527
Oct 2023017185.443.09$528
Sep 2023062589.042.74$1,709
Aug 20231961,72680.522.67$20,395
Jul 2023167974.852.64$1,869
Jun 20231921,11568.962.26$15,759
May 2023016870.622.23$374
Apr 2023093178.122.24$2,083
Mar 202319576672.852.39$16,039
Feb 202311,20075.112.47$3,034
Jan 202319157976.533.39$16,579
Dec 20221951,04976.415.73$20,910
Nov 202221,53285.005.65$8,820
Oct 20221871,69387.185.86$26,230
Sep 20223762,57184.888.16$52,904
Aug 20221892,26094.529.13$38,492
Jul 20221951,922101.587.54$34,304
Jun 20223742,824115.097.98$65,571
May 20224734109.378.43$6,627
Apr 202200104.226.84$0
Mar 20225145108.885.08$1,280
Feb 20220091.054.86$0
Jan 2022023081.844.54$1,044
Dec 20211911,05971.323.90$17,751
Nov 2021025377.435.24$1,325
Oct 202118627979.795.71$16,435
Sep 202119527069.865.35$15,067
Aug 2021024066.024.22$1,013
Jul 2021085270.783.98$3,393
Jun 20211911,21869.493.38$17,390
May 2021082163.483.02$2,478
Apr 2021194060.362.76$11,710
Mar 202101,20061.302.72$3,260
Feb 202118283557.805.55$15,152
Jan 202101,10150.412.81$3,094
Dec 20201631,41844.642.68$11,070
Nov 20201771,08238.772.71$9,791
Oct 2020095236.972.48$2,359
Sep 20201781,56237.091.99$9,712
Aug 2020090339.982.39$2,154
Jul 20201911,54738.371.83$10,152
Jun 20201881,65834.901.69$9,364
May 20200016.921.81$0
Apr 202017591914.751.80$4,239
Mar 2020076030.341.86$1,411
Feb 202017422749.881.98$9,129
Jan 202007357.252.09$153
Dec 201917550759.012.30$11,495
Nov 20191641,23855.302.75$12,475
Oct 201901,35453.472.42$3,275
Sep 20191661,42655.052.66$12,928
Aug 20191531,55653.112.30$11,711
Jul 20191681,56956.272.46$13,313
Jun 201901,20652.782.49$3,004
May 201917761858.482.74$12,044
Apr 20191641,36962.632.75$14,037
Mar 201901,10056.803.06$3,368
Feb 20191671,78250.852.79$13,468
Jan 20191761,48446.033.23$12,892
Dec 20181861,26446.594.19$13,956
Nov 20181871,47352.934.24$16,139
Oct 20181861,11261.443.40$15,207
Sep 20181611,55759.543.11$14,425
Aug 20181851,12759.403.07$14,445
Jul 201801,56265.142.93$4,580
Jun 20181501,42160.183.08$13,399
May 20183571,35365.382.90$27,265
Apr 201801,22463.842.90$3,551
Mar 201801,30061.222.79$3,623
Feb 20181961,56561.782.77$16,438
Jan 20181921,34162.874.01$17,448
Dec 201701,33657.272.92$3,903
Nov 20171901,31955.423.12$14,643
Oct 20171931,69249.292.98$14,561
Sep 201701,42547.523.09$4,399
Aug 20171861,11345.373.00$11,783
Jul 20171833,30743.873.09$18,238
Jun 201702,06342.493.09$6,369
May 201718491245.373.26$11,324
Apr 20171942,10547.933.21$16,059
Mar 201702,73246.772.98$8,151
Feb 20171821,43750.452.95$13,425
Jan 20171871,32049.413.42$13,752
Dec 201601,20548.763.72$4,486
Nov 20161951,40942.492.64$12,011
Oct 20161921,40446.193.09$13,207
Sep 201601,10541.553.10$3,426
Aug 20161881,61741.442.92$12,519
Jul 201601,53041.622.92$4,474
Jun 201617670545.352.69$9,875
May 20161891,53442.521.99$11,091
Apr 20161931,53636.561.99$10,114
Mar 201601,61233.011.79$2,892
Feb 20161901,56426.472.06$8,257
Jan 201601,26127.352.36$2,981
Dec 20151911,59132.362.00$9,365
Nov 20151901,48238.792.17$10,582
Oct 20151792,80343.552.43$14,597
Sep 20151891,61842.992.76$12,588
Aug 201501,48340.162.87$4,260
Jul 20151841,40848.152.95$13,006
Jun 20151881,87256.152.88$15,953
May 20151842,04155.212.96$16,191
Apr 201501,84349.822.71$4,988
Mar 20151881,76742.892.93$13,249
Feb 201519179844.662.98$10,905
Jan 201501,55643.433.10$4,825
Dec 20141911,36254.693.59$15,337
Nov 20141881,65070.464.25$20,262
Oct 20141843,56578.303.90$28,314
Sep 201401,90086.164.05$7,686
Aug 20141882,29989.394.04$26,082
Jul 20141901,52996.564.18$24,737
Jun 20141942,14698.164.74$29,208
May 20141852,23194.734.73$28,070
Apr 20141901,74495.944.81$26,616
Mar 201401,89295.895.06$9,567
Feb 20141911,51597.406.19$27,984
Jan 20141931,87190.404.86$26,542
Dec 20131881,75591.824.35$24,904
Nov 201301,54988.853.74$5,791
Oct 20131871,67597.423.78$24,548
Sep 20131941,776104.113.72$26,800
Aug 20131922,267104.253.52$28,002
Jul 20131901,821102.523.72$26,249
Jun 201301,79294.403.93$7,049
May 20131912,06194.834.15$26,664
Apr 20131821,85593.964.28$25,045
Mar 20131911,86993.623.91$25,195
Feb 20131912,03291.233.42$24,374
Jan 20131922,40991.603.42$25,826
Dec 20121872,06286.773.42$23,278
Nov 20121912,11986.953.62$24,289
Oct 20121862,14089.383.40$23,900
Sep 20121842,12794.672.92$23,627
Aug 20121892,33592.662.91$24,303
Jul 20121773,01785.133.02$24,182
Jun 20121921,52079.822.52$19,154
May 20121941,32691.612.49$21,072
Apr 20121911,757101.652.00$22,924
Mar 20121922,184105.052.22$25,023
Feb 20121841,888101.102.57$23,455
Jan 20121932,26498.092.73$25,121
Dec 20111971,81896.873.24$24,973
Nov 20111881,87295.723.31$24,194
Oct 20111882,67084.983.65$25,718
Sep 20111901,88883.623.99$23,413
Aug 201101,78583.404.15$7,407
Jul 20111862,19994.144.52$27,443
Jun 20113762,55392.904.64$46,776
May 20111932,65698.134.40$30,638
Apr 20111932,516105.964.33$31,353
Mar 20113912,03296.364.06$45,921
Feb 20111941,58885.644.18$23,252
Jan 20111941,89286.504.59$25,463
Dec 20101951,96285.734.35$25,248
Nov 20103862,06280.843.80$39,030
Oct 20101932,09478.103.51$22,421
Sep 20101923,48072.633.98$27,794
Aug 20101923,78873.684.42$30,887
Jul 20103842,40372.554.74$39,241
Jun 20101921,35170.364.91$20,143
May 20101932,69371.124.24$25,132
Apr 201019287381.694.12$19,284
Mar 20101933,08578.394.39$28,668
Feb 20101952,41273.585.44$27,475
Jan 20103873,08174.365.96$47,153
Dec 20091922,90771.445.48$29,658
Nov 20091922,72174.593.75$24,529
Oct 20091913,39072.544.11$27,789
Sep 20093713,04465.543.06$33,644
Aug 20091923,32267.423.22$23,637
Jul 20093832,97061.133.46$33,702
Jun 20091923,21266.163.90$25,213
May 20091932,62654.743.93$20,874
Apr 20093863,73346.773.59$31,445
Mar 20092002,89142.144.06$20,163
Feb 20091971,81832.814.63$14,886
Jan 20091983,56635.865.37$26,253
Dec 20083933,18337.105.98$33,606
Nov 20081973,73155.496.86$36,528
Oct 20081973,46375.246.92$38,793
Sep 20083873,908101.767.88$70,165
Aug 20081963,260114.228.48$50,042
Jul 20081933,962131.0811.39$70,423
Jun 20083863,164131.3313.03$91,929
May 20081953,945123.1711.57$69,679
Apr 20083914,006110.3110.45$85,013
Mar 20083914,365101.909.66$82,027
Feb 20081963,97892.538.77$53,025
Jan 20083954,33490.388.21$71,264
Dec 20071984,91288.337.30$53,357
Nov 20071975,06591.677.29$54,991
Oct 20073895,18282.856.92$68,098
Sep 20073865,79675.846.24$65,465
Aug 20073775,81669.066.39$63,188
Jul 20072055,91470.906.39$52,313
Jun 20073805,46062.007.55$64,775
May 20075926,16858.747.85$83,170
Apr 20073926,78559.617.81$76,325
Mar 20075947,35656.927.30$87,524
Feb 20075926,63655.108.22$87,141
Jan 20075788,20650.306.73$84,274
Dec 20063798,47156.656.92$80,076
Nov 20061989,99454.207.62$86,861
Oct 2006219,78154.906.01$59,974
Sep 20061862,39160.085.04$23,219
Aug 20061844,43268.717.34$45,173
Jul 20063745,04269.376.34$57,925
Jun 20063764,78266.286.38$55,449
May 20063685,16466.016.42$57,470
Apr 20063764,87664.397.36$60,100
Mar 20065604,35556.707.08$62,598
Feb 20061962,49657.597.75$30,634
Jan 2006112560.598.93$1,177
Dec 20051901,73854.9413.42$33,755
Nov 20055533,54554.6910.59$67,779
Oct 20051803,40658.3413.80$57,490
Sep 20053493,22561.4512.08$60,401
Aug 20055033,97361.519.80$69,862
Jul 20053673,47955.697.84$47,726
Jun 20055404,14152.337.38$58,823
May 20053624,02745.226.65$43,154
Apr 20053624,04849.207.36$47,606
Mar 20055323,99650.377.15$55,388
Feb 20055473,60645.226.31$47,496
Jan 20053544,22243.166.32$41,971
Dec 20045493,85039.866.75$47,875
Nov 20045193,62945.286.33$46,473
Oct 20045493,98349.706.52$53,235
Sep 20045384,41343.245.28$46,581
Aug 20045485,59742.375.55$54,286
Jul 20047215,39838.286.08$60,442
Jun 20046805,10336.106.43$57,376
May 20045365,25937.486.49$54,244
Apr 20045625,06434.475.86$49,039
Mar 20047285,36034.365.53$54,656
Feb 20047334,90432.455.51$50,805
Jan 20047416,03332.036.30$61,740
Dec 20037495,83830.266.30$59,454
Nov 20037255,54528.804.60$46,360
Oct 200373011,10228.174.76$73,406
Sep 200373311,17826.314.75$72,374
Aug 200389411,58229.765.13$86,018
Jul 20037175,94629.415.17$51,833
Jun 20036966,67328.565.98$59,802
May 20031,0637,12726.595.97$70,832
Apr 20039187,50326.675.41$65,054
Mar 20037367,81131.146.10$70,535
Feb 20037456,70633.487.93$78,094
Jan 20037455,12730.315.58$51,200
Dec 20021,0936,94926.914.85$63,141
Nov 20027366,67924.664.14$45,781
Oct 20028797,46626.464.23$54,833
Sep 20021,0767,75327.443.64$57,709
Aug 20029007,89525.963.16$48,345
Jul 20021,2688,51724.583.06$57,244
Jun 20028948,19923.733.34$48,585
May 20021,2538,79324.663.58$62,413
Apr 20021,2568,82323.653.51$60,694
Mar 20021,2709,00222.003.10$55,871
Feb 20021,2428,87018.222.38$43,702
Jan 20021,5479,90517.172.38$50,093
Dec 20011,622016.932.36$27,460
Nov 20011,78815,10918.072.41$68,654
Oct 20012,16414,77619.782.53$80,171
Sep 20012,14314,17124.262.25$83,893
Aug 20012,33910,25324.873.05$89,475
Jul 20012,87511,49723.933.20$105,556
Jun 20012,70112,03424.563.82$112,357
May 20014,11013,57925.524.31$163,376
Apr 20014,74013,54524.685.34$189,250
Mar 20015,30516,64524.545.38$219,676
Feb 20015,11219,30727.755.77$253,203
Jan 200110,58029,87727.478.40$541,562
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20003592,59331.235.15$24,554
Sep 200002,77031.875.19$14,367
Aug 2000180129.644.54$5,340
Jul 200003,54528.534.09$14,498
Jun 20000029.304.40$0
May 200018531927.263.68$6,217
Apr 20003663,68324.513.12$20,447
Mar 200002,88728.422.86$8,256
Feb 2000059227.622.73$1,614
Jan 20003642,75125.272.48$16,022
Dec 19993682,31124.282.42$14,536
Nov 1999063223.192.43$1,538
Oct 19993482,40920.982.80$14,055
Sep 1999191221.752.62$4,159
Aug 199901,40019.262.88$4,026
Jul 19993592,57617.892.37$12,534
Jun 199903915.942.36$92
May 19993601,85115.792.32$9,981
Apr 199905615.102.21$124
Mar 199917988312.471.84$3,855
Feb 199901,6319.981.82$2,965
Jan 19995252,95110.381.90$11,056
Dec 199806319.201.77$1,119
Nov 19981831,85010.892.19$6,036
Oct 19981802,33812.421.97$6,840
Sep 19981801,79812.592.08$6,011
Aug 19981803,57011.301.91$8,843
Jul 19983531,88511.742.24$8,361
Jun 199802,37211.242.24$5,307
May 19983531,44612.622.21$7,645
Apr 199802,85713.042.51$7,158
Mar 199835998712.802.31$6,875
Feb 199801,93113.952.30$4,440
Jan 19983701,28114.702.15$8,199
Dec 199702,32716.322.41$5,611
Nov 19975441,09018.193.09$13,262
Oct 199702,65219.253.15$8,353
Sep 19973522,68217.742.95$14,169
Aug 199702,00817.862.55$5,130
Jul 19973532,84617.582.25$12,601
Jun 199704,21717.242.26$9,519
May 19973524,63418.972.31$17,375
Apr 19971834,21617.882.08$12,053
Mar 19970918.951.94$17
Feb 199714496120.492.21$5,070
Jan 19975494,48223.483.54$28,755
Dec 19961646,76523.32$3,824
Nov 199601,20721.97$0
Oct 19960023.31$0
Sep 19965394,47922.22$11,977
Aug 19961795,41120.26$3,627
Jul 19963604,80019.55$7,038
Jun 1996011718.73$0
May 19961873,63819.43$3,633
Apr 19965493,56721.51$11,809
Mar 19963623,83919.38$7,016
Feb 19963484,09616.98$5,909
Jan 19963704,45617.07$6,316
Dec 19954383,26917.19$7,529
Nov 19953543,86416.00$5,664
Oct 19955635,38315.43$8,687
Sep 19953684,35816.18$5,954
Aug 19953695,28515.92$5,874
Jul 19955615,66815.24$8,550
Jun 19953825,32616.41$6,269
May 19953594,88517.56$6,304
Apr 19955565,18217.73$9,858
Mar 19955625,62616.44$9,239
Feb 19955475,12416.58$9,069
Jan 19957265,68515.92$11,558
Dec 19945595,67515.03$8,402
Nov 19943645,83315.90$5,788
Oct 19945676,23315.58$8,834
Sep 19945476,41415.29$8,364
Aug 19945566,41216.13$8,968
Jul 19945597,25817.56$9,816
Jun 19947517,21117.09$12,835
May 19945668,09915.88$8,988
Apr 19947628,00714.14$10,775
Mar 19943758,10312.46$4,673
Feb 19947717,27112.50$9,638
Jan 19945798,28412.66$7,330
Dec 19937439,36512.33$9,161
Nov 19937659,71414.49$11,085
Oct 19937548,85915.85$11,951
Sep 19937528,41715.03$11,303
Aug 19935679,69615.66$8,879
Jul 19937599,56015.46$11,734
Jun 199357710,20616.79$9,688
May 199395912,24817.68$16,955
Apr 199394913,69918.05$17,129
Mar 199395117,26318.14$17,251
Feb 199394017,71917.90$16,826
Jan 199391915,76716.93$15,559

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                    2 bbl  × $106.41 =       $213
Casinghead gas         5 Mcf  × $  3.05 =        $15

────────────────────────────────────────────────────
Month total                                     $228

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/21310 is the state's own key, not one this site invented.