VASEK-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 21400District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$8.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$76 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
OilDisposition156,158 bbl$4,651,348
Casinghead gasProduction1,224,494 Mcf$4,016,170
Total$8,667,518

351,372 Mcf of this lease's gas, across 25 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 29.9550, -96.9543. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.95500, -96.95433 · 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
13,375 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 13,375 ft.

Completions filed
Feb 1992
1 of 1 wells

1 well

42-14932551113,375 ftFeb 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 2026187575106.413.05$21,650
Apr 202617455798.932.87$18,812
Mar 202637182289.753.15$35,886
Feb 20261063.503.75$64
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 20250960.553.23$29
Apr 2025194762.363.54$3,418
Mar 202518737167.704.27$14,243
Feb 202503270.884.34$139
Jan 20250074.324.28$0
Dec 2024016268.993.12$506
Nov 2024037369.052.20$820
Oct 202415633471.372.28$11,896
Sep 2024138569.612.36$980
Aug 2024157675.632.06$1,264
Jul 202417140379.932.15$14,533
Jun 2024159378.082.63$1,640
May 202419577978.812.20$17,081
Apr 202409284.451.66$153
Mar 2024148580.301.55$830
Feb 202419255076.091.78$15,590
Jan 2024056573.023.30$1,863
Dec 2023166971.262.61$1,818
Nov 202316638077.892.81$13,997
Oct 2023263385.443.09$2,125
Sep 2023054089.042.74$1,477
Aug 202318556380.522.67$16,401
Jul 2023155974.852.64$1,552
Jun 202319246968.962.26$14,300
May 2023046270.622.23$1,029
Apr 202318539978.122.24$15,345
Mar 2023168572.852.39$1,712
Feb 2023148875.112.47$1,278
Jan 202318068976.533.39$16,110
Dec 202218266576.415.73$17,716
Nov 2022270685.005.65$4,156
Oct 202218074387.185.86$20,049
Sep 2022072084.888.16$5,878
Aug 202218373494.529.13$23,997
Jul 2022193737101.587.54$25,163
Jun 20221680115.097.98$5,540
May 20220682109.378.43$5,751
Apr 2022191673104.226.84$24,508
Mar 2022159582108.885.08$20,266
Feb 2022154691.054.86$2,744
Jan 202218676781.844.54$18,703
Dec 2021074571.323.90$2,905
Nov 202119782277.435.24$19,558
Oct 202119173079.795.71$19,411
Sep 202118881569.865.35$17,495
Aug 2021086366.024.22$3,642
Jul 202118491670.783.98$16,671
Jun 202118487769.493.38$15,751
May 20211931,12663.483.02$15,650
Apr 2021052360.362.76$1,443
Mar 20211931,12361.302.72$14,882
Feb 202118969857.805.55$14,797
Jan 202101,06950.412.81$3,004
Dec 202015985644.642.68$9,388
Nov 202016795238.772.71$9,051
Oct 2020095036.972.48$2,355
Sep 202017894537.091.99$8,484
Aug 202021,03139.982.39$2,539
Jul 20201891,00838.371.83$9,092
Jun 202001,00834.901.69$1,704
May 20201771,01116.921.81$4,830
Apr 20201651,02414.751.80$4,281
Mar 20201691,09230.341.86$7,154
Feb 2020097949.881.98$1,939
Jan 20201871,07157.252.09$12,949
Dec 201919399559.012.30$13,682
Nov 201901,35355.302.75$3,722
Oct 201916348253.472.42$9,881
Sep 20191681,07755.052.66$12,110
Aug 201901,10053.112.30$2,535
Jul 20191781,03156.272.46$12,552
Jun 20191731,11052.782.49$11,896
May 201917579558.482.74$12,413
Apr 201901,03962.632.75$2,858
Mar 20191901,04156.803.06$13,980
Feb 2019089850.852.79$2,507
Jan 201934199946.033.23$18,921
Dec 201801,08846.594.19$4,554
Nov 20181811,05352.934.24$14,042
Oct 20181741,06261.443.40$14,299
Sep 20181711,06059.543.11$13,476
Aug 201811,11759.403.07$3,485
Jul 20181791,10065.142.93$14,885
Jun 20181631,12360.183.08$13,265
May 20183561,14965.382.90$26,608
Apr 201801,14163.842.90$3,310
Mar 20181791,41561.222.79$14,902
Feb 2018081361.782.77$2,249
Jan 201818085462.874.01$14,741
Dec 2017076957.272.92$2,247
Nov 201719075455.423.12$12,881
Oct 2017070849.292.98$2,112
Sep 201701,04947.523.09$3,239
Aug 201718387545.373.00$10,932
Jul 201701,06143.873.09$3,276
Jun 20171881,09142.493.09$11,356
May 20171891,13645.373.26$12,282
Apr 201701,11447.933.21$3,578
Mar 20171941,20046.772.98$12,654
Feb 201701,09150.452.95$3,221
Jan 20171951,21149.413.42$13,775
Dec 20161841,09648.763.72$13,052
Nov 201601,03942.492.64$2,747
Oct 20161861,09146.193.09$11,963
Sep 201601,04841.553.10$3,249
Aug 20161921,08341.442.92$11,124
Jul 201601,09641.622.92$3,205
Jun 20161771,08345.352.69$10,936
May 201601,11642.521.99$2,222
Apr 20161871,09636.561.99$9,019
Mar 201601,08133.011.79$1,939
Feb 2016099726.472.06$2,057
Jan 20161811,08527.352.36$7,516
Dec 20151801,06232.362.00$7,950
Nov 201501,01938.792.17$2,209
Oct 20151831,05443.552.43$10,527
Sep 201501,13642.992.76$3,134
Aug 20151851,19940.162.87$10,874
Jul 201501,18948.152.95$3,502
Jun 20151831,11756.152.88$13,496
May 20151951,04055.212.96$13,840
Apr 201501,08049.822.71$2,923
Mar 201519091542.892.93$10,834
Feb 201501,10544.662.98$3,289
Jan 20151951,15543.433.10$12,050
Dec 20141801,21254.693.59$14,197
Nov 201401,19070.464.25$5,060
Oct 20141831,32178.303.90$19,482
Sep 201401,40686.164.05$5,688
Aug 20141831,43689.394.04$22,153
Jul 201401,28496.564.18$5,367
Jun 20141901,29998.164.74$24,804
May 201401,36194.734.73$6,433
Apr 20141901,27795.944.81$24,370
Mar 201401,35995.895.06$6,872
Feb 20141891,22597.406.19$25,994
Jan 201401,36290.404.86$6,620
Dec 20131941,19191.824.35$22,999
Nov 2013087288.853.74$3,260
Oct 20131791,41397.423.78$22,778
Sep 201301,389104.113.72$5,164
Aug 20131771,528104.253.52$23,835
Jul 201301,618102.523.72$6,015
Jun 20131851,49094.403.93$23,325
May 201301,44994.834.15$6,012
Apr 201318489293.964.28$21,109
Mar 201301,24893.623.91$4,883
Feb 20131911,24191.233.42$21,669
Jan 20131911,31391.603.42$21,986
Dec 201201,34986.773.42$4,614
Nov 20121881,38286.953.62$21,356
Oct 201201,43589.383.40$4,879
Sep 20121821,38494.672.92$21,269
Aug 201201,53992.662.91$4,476
Jul 20121921,55385.133.02$21,036
Jun 201201,32679.822.52$3,340
May 2012036291.612.49$901
Apr 20121921,154101.652.00$21,821
Mar 20121871,350105.052.22$22,644
Feb 201201,210101.102.57$3,110
Jan 20121961,25298.092.73$22,649
Dec 201101,33296.873.24$4,315
Nov 20111951,29195.723.31$22,940
Oct 2011098384.983.65$3,587
Sep 20111931,02183.623.99$20,208
Aug 201101,09183.404.15$4,527
Jul 20111911,03094.144.52$22,634
Jun 2011090892.904.64$4,213
May 20111891,02798.134.40$23,070
Apr 2011194995105.964.33$24,868
Mar 20111952,11396.364.06$27,363
Feb 20111952,10285.644.18$25,486
Jan 20111931,90086.504.59$25,413
Dec 20101941,88685.734.35$24,831
Nov 201001,89980.843.80$7,207
Oct 20101911,76978.103.51$21,124
Sep 20101871,62472.633.98$20,044
Aug 20101921,53373.684.42$20,921
Jul 201002,41772.554.74$11,448
Jun 20101861,52070.364.91$20,551
May 20101951,78471.124.24$21,424
Apr 201001,31281.694.12$5,409
Mar 201001,67578.394.39$7,351
Feb 20101901,51773.585.44$22,236
Jan 20101901,70974.365.96$24,321
Dec 20091941,68571.445.48$23,099
Nov 200901,71174.593.75$6,419
Oct 20091911,86372.544.11$21,513
Sep 200901,86765.543.06$5,722
Aug 20091921,96167.423.22$19,256
Jul 20091902,06961.133.46$18,783
Jun 200902,06766.163.90$8,051
May 20091952,30354.743.93$19,715
Apr 20091972,27646.773.59$17,379
Mar 20091962,81042.144.06$19,665
Feb 2009032432.814.63$1,501
Jan 20091971,72535.865.37$16,329
Dec 20081852,26837.105.98$20,420
Nov 20081971,51555.496.86$21,325
Oct 20081971,70375.246.92$26,610
Sep 20081921,531101.767.88$31,598
Aug 20081982,221114.228.48$41,456
Jul 20081932,373131.0811.39$52,326
Jun 20081942,679131.3313.03$60,392
May 20081952,305123.1711.57$50,697
Apr 20083882,516110.3110.45$69,105
Mar 20081962,654101.909.66$45,621
Feb 20081962,92292.538.77$43,764
Jan 20081953,35290.388.21$45,130
Dec 20071983,54588.337.30$43,375
Nov 20075843,73291.677.29$80,748
Oct 20073854,20482.856.92$60,997
Sep 20075785,20775.846.24$76,349
Aug 20071914,37769.066.39$41,150
Jul 2007628770.906.39$2,259
Jun 20071062.007.55$62
May 20071961,54558.747.85$23,636
Apr 20073913,34359.617.81$49,400
Mar 20072003,45356.927.30$36,598
Feb 20073863,10555.108.22$46,779
Jan 20073863,39850.306.73$42,274
Dec 20061873,27156.656.92$33,224
Nov 20063753,51954.207.62$47,131
Oct 20061843,72154.906.01$32,479
Sep 20061823,66660.085.04$29,401
Aug 20061883,96468.717.34$42,013
Jul 20063713,92769.376.34$50,644
Jun 20063683,87066.286.38$49,097
May 200604,05966.016.42$26,079
Apr 20063644,02864.397.36$53,086
Mar 20063624,12356.707.08$49,728
Feb 20063003,76657.597.75$46,468
Jan 20061894,31960.598.93$50,035
Dec 20053514,28254.9413.42$76,729
Nov 20053604,26654.6910.59$64,859
Oct 20053424,65158.3413.80$84,116
Sep 20051544,64261.4512.08$65,534
Aug 20053375,12961.519.80$70,977
Jul 20053635,29355.697.84$61,732
Jun 20051785,13852.337.38$47,239
May 20053465,48345.226.65$52,114
Apr 20055475,51249.207.36$67,483
Mar 20053715,48050.377.15$57,896
Feb 20053565,06345.226.31$48,056
Jan 20055555,80243.166.32$60,635
Dec 20043475,86839.866.75$53,447
Nov 20044635,80045.286.33$57,681
Oct 20043446,42449.706.52$58,950
Sep 20045466,40143.245.28$57,431
Aug 20043497,02342.375.55$53,769
Jul 20046857,33038.286.08$70,819
Jun 20045047,44936.106.43$66,114
May 20045307,85037.486.49$70,847
Apr 20045208,02434.475.86$64,933
Mar 20047358,52334.365.53$72,388
Feb 20045588,39132.455.51$64,338
Jan 20047379,86132.036.30$85,727
Dec 20031,11111,60830.266.30$106,768
Nov 200355111,93828.804.60$70,726
Oct 20031,09113,13528.174.76$93,251
Sep 20031,08511,43826.314.75$82,870
Aug 20033563,67529.765.13$29,446
Jul 20035479,24029.415.17$63,866
Jun 20031,25510,13628.565.98$96,486
May 20031,8004,13926.595.97$72,583
Apr 20031959826.675.41$5,731
Mar 20030031.146.10$0
Feb 20034033.487.93$134
Jan 20034471,00330.315.58$19,147
Dec 20021822,25326.914.85$15,833
Nov 20021801,97824.664.14$12,622
Oct 20021812,31826.464.23$14,592
Sep 20025432,34027.443.64$23,406
Aug 20023712,65325.963.16$18,026
Jul 20021782,96324.583.06$13,447
Jun 20025363,00523.733.34$22,751
May 20023552,29624.663.58$16,983
Apr 20023622,78523.653.51$18,343
Mar 200203,08822.003.10$9,581
Feb 20023602,56318.222.38$12,648
Jan 20021773,07417.172.38$10,342
Dec 20013492,85316.932.36$12,654
Nov 20013693,10418.072.41$14,135
Oct 20011883,17619.782.53$11,750
Sep 20011893,45224.262.25$12,357
Aug 20013642,11324.873.05$15,504
Jul 20011893,10123.933.20$14,437
Jun 20013793,27524.563.82$21,832
May 20015523,35425.524.31$28,534
Apr 20015493,67024.685.34$33,130
Mar 20011913,86624.545.38$25,472
Feb 20015563,20427.755.77$33,907
Jan 20011943,87827.478.40$37,900
Dec 20005493,98026.889.12$51,065
Nov 20003683,86032.215.66$33,693
Oct 20005554,21431.235.15$39,016
Sep 20005384,21831.875.19$39,023
Aug 20003604,07929.644.54$29,192
Jul 20007284,34628.534.09$38,544
Jun 20003664,00429.304.40$28,330
May 20003504,34627.263.68$25,533
Apr 20005304,21424.513.12$26,121
Mar 20003663,72828.422.86$21,063
Feb 20005363,58827.622.73$24,587
Jan 20005364,39125.272.48$24,437
Dec 19997344,88324.282.42$29,657
Nov 19993585,44423.192.43$21,553
Oct 19997286,28920.982.80$32,906
Sep 19997224,37221.752.62$27,153
Aug 19997135,19719.262.88$28,677
Jul 19993775,66217.892.37$20,177
Jun 19997235,65215.942.36$24,875
May 19993676,12415.792.32$20,009
Apr 19991,0936,43015.102.21$30,702
Mar 19993676,99412.471.84$17,434
Feb 19991,1116,6749.981.82$23,220
Jan 19997537,43510.381.90$21,942
Dec 19981,1138,4389.201.77$25,203
Nov 19981,1018,96210.892.19$31,578
Oct 19981,08510,13412.421.97$33,432
Sep 19981,44110,38812.592.08$39,776
Aug 19981,62411,05811.301.91$39,443
Jul 19981,45910,95611.742.24$41,640
Jun 19981,84211,03011.242.24$45,381
May 19981,64710,98512.622.21$45,022
Apr 19981,4368,07013.042.51$38,943
Mar 199873258912.802.31$10,730
Feb 19982,19414,28413.952.30$63,447
Jan 19982,55214,28414.702.15$68,293
Dec 19971,49212,57316.322.41$54,664
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 1995136016.44$2,236
Feb 19950016.58$0
Jan 199563015.92$96
Dec 1994177315.03$2,660
Nov 199415515.90$239
Oct 19948983,02815.58$13,991
Sep 19941,6256,09415.29$24,846
Aug 19942,5086,29916.13$40,454
Jul 19941,95211,31717.56$34,277
Jun 19941,79513,66717.09$30,677
May 19942,37514,67615.88$37,715
Apr 19941,80114,66514.14$25,466
Mar 19942,75217,33112.46$34,290
Feb 19942,54317,12212.50$31,788
Jan 19942,00211,07612.66$25,345
Dec 19932,54414,65212.33$31,368
Nov 19932,17512,05214.49$31,516
Oct 19932,52016,16015.85$39,942
Sep 19933,21817,00815.03$48,367
Aug 19933,56518,93515.66$55,828
Jul 19932,85117,04915.46$44,076
Jun 19933,56718,34516.79$59,890
May 19935,01120,72317.68$88,594
Apr 19933,95621,41418.05$71,406
Mar 19934,48125,26118.14$81,285
Feb 19934,91824,80617.90$88,032
Jan 19935,96929,65416.93$101,055

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                  187 bbl  × $106.41 =    $19,899
Casinghead gas       575 Mcf  × $  3.05 =     $1,751

────────────────────────────────────────────────────
Month total                                  $21,650

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/21400 is the state's own key, not one this site invented.