MORGAN 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 21359District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$7.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
OilDisposition208,614 bbl$6,259,395
Casinghead gasProduction240,653 Mcf$761,253
Total$7,020,648

74,859 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 30.3132, -96.8349. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.31322, -96.83492 · 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
8,325 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 8,325 ft.

Completions filed
Jan 1992
1 of 1 wells

1 well

42-2873232418,325 ftJan 1992

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023122077.892.81$9,503
Oct 202301385.443.09$40
Sep 20230989.042.74$25
Aug 202301180.522.67$29
Jul 20231781274.852.64$13,355
Jun 20230768.962.26$16
May 20230470.622.23$9
Apr 202301978.122.24$43
Mar 202302472.852.39$57
Feb 20230075.112.47$0
Jan 202301976.533.39$64
Dec 20220076.415.73$0
Nov 202201585.005.65$85
Oct 202201087.185.86$59
Sep 20220084.888.16$0
Aug 20220294.529.13$18
Jul 202200101.587.54$0
Jun 2022011115.097.98$88
May 202206109.378.43$51
Apr 202201104.226.84$7
Mar 2022010108.885.08$51
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021184079.795.71$14,681
Sep 20210069.865.35$0
Aug 20211066.024.22$66
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021182060.362.76$10,986
Mar 20212061.302.72$123
Feb 20210057.805.55$0
Jan 20211050.412.81$50
Dec 20201044.642.68$45
Nov 20201038.772.71$39
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020178039.982.39$7,116
Jul 20201038.371.83$38
Jun 20201034.901.69$35
May 2020318416.921.81$385
Apr 202002914.751.80$52
Mar 202004930.341.86$91
Feb 202003649.881.98$71
Jan 20201723557.252.09$9,920
Dec 201917313459.012.30$10,518
Nov 201917397255.302.75$12,241
Oct 201918121253.472.42$10,191
Sep 201902855.052.66$74
Aug 201903453.112.30$78
Jul 20191687856.272.46$9,645
Jun 201916341152.782.49$9,627
May 201936168058.482.74$22,975
Apr 2019716362.632.75$887
Mar 201902256.803.06$67
Feb 201901650.852.79$45
Jan 201902646.033.23$84
Dec 20183412846.594.19$16,004
Nov 201816847152.934.24$10,888
Oct 201817462961.443.40$12,828
Sep 201834759.543.11$325
Aug 201801659.403.07$49
Jul 20181661465.142.93$10,854
Jun 201803360.183.08$102
May 201802865.382.90$81
Apr 20181679263.842.90$10,928
Mar 201817350361.222.79$11,993
Feb 201851077161.782.77$33,640
Jan 201832969362.874.01$23,463
Dec 201754857.272.92$427
Nov 201701655.423.12$50
Oct 201702249.292.98$66
Sep 201701647.523.09$49
Aug 201712445.373.00$117
Jul 201705343.873.09$164
Jun 20171677242.493.09$7,318
May 201717080445.373.26$10,337
Apr 20176701,46647.933.21$36,821
Mar 201717759646.772.98$10,057
Feb 201754350.452.95$379
Jan 201702149.413.42$72
Dec 20161801348.763.72$8,825
Nov 201604342.492.64$114
Oct 20161656446.193.09$7,819
Sep 201618830541.553.10$8,757
Aug 20163471,25241.442.92$18,041
Jul 201616982341.622.92$9,441
Jun 201619421845.352.69$9,383
May 20161822342.521.99$7,784
Apr 201611636.561.99$68
Mar 201601333.011.79$23
Feb 20161652226.472.06$4,413
Jan 201606827.352.36$161
Dec 201517824332.362.00$6,246
Nov 20153441,26538.792.17$16,085
Oct 201517213643.552.43$7,821
Sep 20151614142.992.76$7,034
Aug 20151797340.162.87$7,398
Jul 201517335948.152.95$9,387
Jun 201517151856.152.88$11,095
May 20151639155.212.96$9,268
Apr 20150249.822.71$5
Mar 20151701142.892.93$7,324
Feb 20153653344.662.98$16,399
Jan 201534489343.433.10$17,709
Dec 201435097254.693.59$22,632
Nov 201417710970.464.25$12,935
Oct 20141878.303.90$110
Sep 201401486.164.05$57
Aug 20141743989.394.04$15,711
Jul 201435123196.564.18$34,858
Jun 20143441,25798.164.74$39,721
May 201435386494.734.73$37,523
Apr 201416114295.944.81$16,129
Mar 20143479195.895.06$33,734
Feb 201435477997.406.19$39,303
Jan 20143501,06690.404.86$36,822
Dec 201333422391.824.35$31,639
Nov 201334711788.853.74$31,268
Oct 20133461,09397.423.78$37,838
Sep 20135421,455104.113.72$61,837
Aug 20133481,332104.253.52$40,971
Jul 20133471,149102.523.72$39,846
Jun 20135191,06794.403.93$53,191
May 20135131,10494.834.15$53,228
Apr 201317883693.964.28$20,305
Mar 201333971193.623.91$34,519
Feb 2013435391.233.42$1,572
Jan 201317314291.603.42$16,332
Dec 20122986.773.42$204
Nov 201231986.953.62$330
Oct 201226110889.383.40$23,695
Sep 201217376094.672.92$18,596
Aug 201217284192.662.91$18,383
Jul 201217229385.133.02$15,527
Jun 201217021479.822.52$14,108
May 201233525491.612.49$31,321
Apr 20121701,084101.652.00$19,445
Mar 2012512963105.052.22$55,925
Feb 2012526409101.102.57$54,230
Jan 201217436698.092.73$18,068
Dec 201117613896.873.24$17,496
Nov 20111702095.723.31$16,339
Oct 201141984.983.65$409
Sep 20112383.623.99$179
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201101105.964.33$4
Mar 20111728596.364.06$16,919
Feb 201111885.644.18$161
Jan 20111703386.504.59$14,856
Dec 20103491,06585.734.35$34,550
Nov 20105141,55680.843.80$47,457
Oct 20103411,15678.103.51$30,688
Sep 201017334172.633.98$13,922
Aug 20101694173.684.42$12,633
Jul 2010168172.554.74$12,193
Jun 201034534970.364.91$25,988
May 201033964671.124.24$26,846
Apr 201034781881.694.12$31,719
Mar 20103801,03778.394.39$34,339
Feb 201034357973.585.44$28,389
Jan 20101,01744474.365.96$78,272
Dec 200951512671.445.48$37,483
Nov 2009344074.593.75$25,659
Oct 2009347072.544.11$25,171
Sep 2009520065.543.06$34,081
Aug 2009342067.423.22$23,058
Jul 2009348061.133.46$21,273
Jun 2009175766.163.90$11,605
May 20093264054.743.93$18,002
Apr 20093484346.773.59$16,430
Mar 20093344042.144.06$14,237
Feb 20093564032.814.63$11,866
Jan 2009114235.865.37$620
Dec 200834637.105.98$386
Nov 200863455.496.86$566
Oct 20081753575.246.92$13,409
Sep 2008416101.767.88$533
Aug 2008110114.228.48$199
Jul 200817825131.0811.39$23,617
Jun 2008708196131.3313.03$95,536
May 2008171638123.1711.57$28,446
Apr 20083611,273110.3110.45$53,131
Mar 20085281,532101.909.66$68,609
Feb 20087101,49492.538.77$78,800
Jan 20085291,84290.388.21$62,926
Dec 20076951,89088.337.30$75,190
Nov 20077011,84291.677.29$77,692
Oct 20077091,80682.856.92$71,242
Sep 200734594875.846.24$32,084
Aug 200734943869.066.39$26,900
Jul 200734474270.906.39$29,129
Jun 200735359162.007.55$26,347
May 200752290058.747.85$37,724
Apr 200752686259.617.81$38,083
Mar 200754193156.927.30$37,592
Feb 200734881255.108.22$25,846
Jan 200752183850.306.73$31,843
Dec 200652986356.656.92$35,938
Nov 20065241,09354.207.62$36,727
Oct 200634992954.906.01$24,747
Sep 20065171,07560.085.04$36,476
Aug 20065201,18668.717.34$44,434
Jul 20063401,05669.376.34$30,284
Jun 200651993766.286.38$40,381
May 20063371,00966.016.42$28,728
Apr 200651699364.397.36$40,534
Mar 20065161,10056.707.08$37,048
Feb 200634699857.597.75$27,662
Jan 20064471,06360.598.93$36,580
Dec 200552077954.9413.42$39,019
Nov 200515650454.6910.59$13,868
Oct 200516913258.3413.80$11,681
Sep 200551845861.4512.08$37,363
Aug 200514972961.519.80$16,307
Jul 20053421,77755.697.84$32,984
Jun 20053371,70152.337.38$30,190
May 20053561,75345.226.65$27,758
Apr 20053351,85849.207.36$30,158
Mar 20055131,59550.377.15$37,252
Feb 20055131,78345.226.31$34,452
Jan 20055131,74543.166.32$33,173
Dec 200417488639.866.75$12,917
Nov 20041812745.286.33$8,367
Oct 200407449.706.52$482
Sep 20041634043.245.28$7,259
Aug 200409142.375.55$505
Jul 200416913638.286.08$7,297
Jun 2004217736.106.43$1,211
May 200416538337.486.49$8,672
Apr 200429533134.475.86$12,108
Mar 200434763234.365.53$15,418
Feb 200434033932.455.51$12,901
Jan 200416934632.036.30$7,593
Dec 200317243330.266.30$7,933
Nov 200335049228.804.60$12,341
Oct 200335678728.174.76$13,774
Sep 200338094926.314.75$14,505
Aug 200334451029.765.13$12,854
Jul 200353243929.415.17$17,916
Jun 200336366428.565.98$14,340
May 200318972126.595.97$9,332
Apr 200337570526.675.41$13,813
Mar 200342648331.146.10$16,210
Feb 200337547533.487.93$16,320
Jan 200337446730.315.58$13,943
Dec 200239311626.914.85$11,139
Nov 200218543524.664.14$6,362
Oct 200218029226.464.23$5,998
Sep 200237273527.443.64$12,880
Aug 200236893825.963.16$12,521
Jul 200237098024.583.06$12,095
Jun 200255396423.733.34$16,341
May 200236798124.663.58$12,566
Apr 200255585523.653.51$16,129
Mar 200237072622.003.10$10,393
Feb 200237362418.222.38$8,278
Jan 200253976117.172.38$11,063
Dec 200136363216.932.36$7,640
Nov 20013451,08118.072.41$8,835
Oct 20015491,36819.782.53$14,319
Sep 20015471,28624.262.25$16,165
Aug 20015471,34924.873.05$17,723
Jul 20015601,35023.933.20$17,717
Jun 20013801,06924.563.82$13,421
May 200156588425.524.31$18,226
Apr 200154659024.685.34$16,623
Mar 200138232924.545.38$11,143
Feb 2001017027.755.77$980
Jan 200141422927.478.40$13,296
Dec 200019737326.889.12$8,698
Nov 200036852332.215.66$14,812
Oct 200017553031.235.15$8,192
Sep 200033169131.875.19$14,133
Aug 200036063829.644.54$13,567
Jul 200035880728.534.09$13,514
Jun 200019165529.304.40$8,477
May 200036166827.263.68$12,299
Apr 200034883424.513.12$11,128
Mar 200037269228.422.86$12,551
Feb 200019255127.622.73$6,805
Jan 20001723425.272.48$4,431
Dec 19991857024.282.42$4,661
Nov 199937635023.192.43$9,571
Oct 19995461,03620.982.80$14,360
Sep 199937154621.752.62$9,499
Aug 19993761,30319.262.88$10,989
Jul 19993781,23617.892.37$9,695
Jun 19993681,26815.942.36$8,861
May 19995521,34315.792.32$11,833
Apr 19993731,17915.102.21$8,236
Mar 19999211,02912.471.84$13,377
Feb 199949579.981.82$1,780
Jan 19993901,02810.381.90$6,001
Dec 19985701,0079.201.77$7,030
Nov 199857284210.892.19$8,069
Oct 19983691,01312.421.97$6,578
Sep 19985391,09912.592.08$9,075
Aug 19983741,18911.301.91$6,494
Jul 19985441,19811.742.24$9,067
Jun 19985721,25311.242.24$9,233
May 19985761,18212.622.21$9,877
Apr 199858353013.042.51$8,930
Mar 199874689612.802.31$11,618
Feb 19985701,08213.952.30$10,439
Jan 19985551,24814.702.15$10,848
Dec 19977421,13916.322.41$14,856
Nov 19977221,08418.193.09$16,481
Oct 19977371,18519.253.15$17,920
Sep 199757394717.742.95$12,963
Aug 19977501,08317.862.55$16,162
Jul 19975471,13417.582.25$12,164
Jun 19977111,08417.242.26$14,704
May 19977571,12418.972.31$16,955
Apr 19975701,12017.882.08$12,524
Mar 19977821,20918.951.94$17,163
Feb 19977711,07120.492.21$18,160
Jan 19971,1561,07123.483.54$30,934
Dec 199696591423.32$22,504
Nov 19967351,22321.97$16,148
Oct 19965691,39423.31$13,263
Sep 199691887722.22$20,398
Aug 199674584320.26$15,094
Jul 199672998919.55$14,252
Jun 19969461,03118.73$17,719
May 19967771,32219.43$15,097
Apr 19969761,20421.51$20,994
Mar 19969541,03019.38$18,489
Feb 199696298316.98$16,335
Jan 19961,12593217.07$19,204
Dec 19951,1171,31417.19$19,201
Nov 19951,8681,30516.00$29,888
Oct 19952,6781,13415.43$41,322
Sep 19951,1211,40816.18$18,138
Aug 19951,3111,30815.92$20,871
Jul 19951,1301,56015.24$17,221
Jun 19951,1381,72116.41$18,675
May 19951,1381,71917.56$19,983
Apr 19951,1511,44817.73$20,407
Mar 19951,3201,35416.44$21,701
Feb 19951,3011,48616.58$21,571
Jan 19951,1441,37915.92$18,212
Dec 19942,4301,59415.03$36,523
Nov 19941,8601,06815.90$29,574
Oct 199417557315.58$2,727
Sep 19949041,51215.29$13,822
Aug 19942,4111,28516.13$38,889
Jul 19942,7251,63417.56$47,851
Jun 19942,3311,83117.09$39,837
May 19942,2091,28315.88$35,079
Apr 19942,3881,13514.14$33,766
Mar 19942,3671,24612.46$29,493
Feb 19941,74851212.50$21,850
Jan 19941,19830512.66$15,167
Dec 19932,6656212.33$32,859
Nov 19932,45392614.49$35,544
Oct 19933,3301,48315.85$52,781
Sep 19934,2222,58515.03$63,457
Aug 19934,4903,54315.66$70,313
Jul 19934,3414,51015.46$67,112
Jun 19936,8584,58516.79$115,146
May 19937,3951,82217.68$130,744
Apr 19937,9992,55818.05$144,382
Mar 199311,0043,47218.14$199,613
Feb 19936,8281,95017.90$122,221
Jan 199310,2813,50716.93$174,057

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.

Nov 2023 — as filed, then multipliedworked
Oil                  122 bbl  × $ 77.89 =     $9,503
Casinghead gas         0 Mcf  × $  2.81 =         $0

────────────────────────────────────────────────────
Month total                                   $9,503

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/21359 is the state's own key, not one this site invented.