ELLIOTT OIL UNIT #2

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 21403District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$3.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$104 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
OilDisposition75,698 bbl$2,551,643
Casinghead gasProduction441,882 Mcf$969,790
Total$3,521,432

226,921 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 29.9559, -96.9363. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.95586, -96.93634 · 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
9,737 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 9,737 ft.

Completions filed
Jan 1992
1 of 1 wells

1 well

42-1493253429,737 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 2026168442106.413.05$19,223
Apr 2026032398.932.87$927
Mar 202616044589.753.15$15,762
Feb 2026044163.503.75$1,654
Jan 202618448259.138.00$14,735
Dec 202517847956.664.41$12,199
Nov 2025258958.593.93$2,430
Oct 20253441,08159.383.30$23,999
Sep 202502262.743.08$68
Aug 20250063.933.01$0
Jul 2025021166.743.32$700
Jun 202516949666.483.13$12,787
May 202517850760.553.23$12,417
Apr 202517962762.363.54$13,384
Mar 202508167.704.27$346
Feb 202519770.884.34$492
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20241773269.052.20$12,292
Oct 2024053971.372.28$1,230
Sep 202416654169.612.36$12,834
Aug 202418367975.632.06$15,241
Jul 202417835379.932.15$14,985
Jun 202417720578.082.63$14,360
May 2024017478.812.20$383
Apr 20241669084.451.66$14,168
Mar 202418061280.301.55$15,400
Feb 202418160276.091.78$14,846
Jan 2024251273.023.30$1,834
Dec 202335251071.262.61$26,415
Nov 2023151977.892.81$1,535
Oct 202318059685.443.09$17,219
Sep 202317854089.042.74$17,326
Aug 202315857380.522.67$14,254
Jul 202317947074.852.64$14,640
Jun 202317654568.962.26$13,368
May 202318158470.622.23$14,083
Apr 2023054778.122.24$1,224
Mar 202317756372.852.39$14,242
Feb 202318161075.112.47$15,099
Jan 202316856176.533.39$14,758
Dec 202218149576.415.73$16,666
Nov 202218253785.005.65$18,502
Oct 202218165787.185.86$19,632
Sep 202218066084.888.16$20,666
Aug 202217973494.529.13$23,618
Jul 2022179732101.587.54$23,704
Jun 2022178777115.097.98$26,684
May 2022178915109.378.43$27,184
Apr 2022181795104.226.84$24,300
Mar 2022181897108.885.08$24,261
Feb 202234968091.054.86$35,080
Jan 202218489981.844.54$19,138
Dec 20215361,16571.323.90$42,770
Nov 20213591,25977.435.24$34,391
Oct 20213611,19679.795.71$35,638
Sep 20213581,50069.865.35$33,036
Aug 202153484466.024.22$38,817
Jul 202118025370.783.98$13,748
Jun 2021012069.493.38$406
May 202118014563.483.02$11,864
Apr 202118218160.362.76$11,485
Mar 202139823661.302.72$25,039
Feb 20211818957.805.55$10,956
Jan 20211795650.412.81$9,181
Dec 2020180444.642.68$8,046
Nov 202001338.772.71$35
Oct 202002636.972.48$64
Sep 202006637.091.99$131
Aug 202006039.982.39$143
Jul 202005838.371.83$106
Jun 2020014234.901.69$240
May 20200516.921.81$9
Apr 2020261414.751.80$409
Mar 202005830.341.86$108
Feb 202003849.881.98$75
Jan 202007157.252.09$149
Dec 201906159.012.30$141
Nov 2019013655.302.75$374
Oct 20191738653.472.42$9,458
Sep 201909455.052.66$250
Aug 201904053.112.30$92
Jul 201916256.272.46$209
Jun 201904852.782.49$120
May 201906858.482.74$186
Apr 2019010462.632.75$286
Mar 201918022456.803.06$10,910
Feb 2019157850.852.79$1,665
Jan 20191751,21346.033.23$11,971
Dec 201818132846.594.19$9,806
Nov 2018140052.934.24$1,748
Oct 20180961.443.40$31
Sep 201808159.543.11$252
Aug 201817720559.403.07$11,142
Jul 2018021065.142.93$616
Jun 2018020060.183.08$615
May 201818019965.382.90$12,346
Apr 2018021663.842.90$627
Mar 2018024561.222.79$683
Feb 2018035261.782.77$974
Jan 2018015162.874.01$605
Dec 201716931557.272.92$10,599
Nov 2017031955.423.12$995
Oct 201702349.292.98$69
Sep 201703247.523.09$99
Aug 20171803345.373.00$8,266
Jul 2017040043.873.09$1,235
Jun 2017136042.493.09$1,154
May 20172014845.373.26$1,390
Apr 201717323347.933.21$9,040
Mar 2017016046.772.98$477
Feb 201709750.452.95$286
Jan 2017018849.413.42$643
Dec 201618040148.763.72$10,270
Nov 2016031342.492.64$828
Oct 2016019246.193.09$593
Sep 201616729141.553.10$7,841
Aug 2016025541.442.92$746
Jul 2016022741.622.92$664
Jun 2016015145.352.69$406
May 2016011242.521.99$223
Apr 201618016836.561.99$6,915
Mar 2016012033.011.79$215
Feb 201609826.472.06$202
Jan 201609827.352.36$232
Dec 2015011732.362.00$234
Nov 201517813738.792.17$7,202
Oct 2015011643.552.43$281
Sep 2015012242.992.76$337
Aug 2015011740.162.87$336
Jul 2015010848.152.95$318
Jun 2015011656.152.88$334
May 201517812255.212.96$10,188
Apr 201509449.822.71$254
Mar 2015010642.892.93$311
Feb 201507144.662.98$211
Jan 2015016843.433.10$521
Dec 20141779454.693.59$10,018
Nov 201409170.464.25$387
Oct 2014010478.303.90$406
Sep 201409886.164.05$396
Aug 2014013989.394.04$561
Jul 2014015996.564.18$665
Jun 201417711398.164.74$17,910
May 2014012094.734.73$567
Apr 2014014395.944.81$688
Mar 2014020795.895.06$1,047
Feb 201418119697.406.19$18,843
Jan 2014020690.404.86$1,001
Dec 2013022591.824.35$980
Nov 2013024388.853.74$908
Oct 2013030397.423.78$1,145
Sep 2013166333104.113.72$18,520
Aug 20130483104.253.52$1,701
Jul 20130254102.523.72$944
Jun 201317516494.403.93$17,165
May 2013035994.834.15$1,490
Apr 2013035793.964.28$1,529
Mar 2013033193.623.91$1,295
Feb 201318536691.233.42$18,129
Jan 2013034391.603.42$1,173
Dec 201218043786.773.42$17,113
Nov 2012014886.953.62$536
Oct 2012014289.383.40$483
Sep 201215613994.672.92$15,174
Aug 2012013892.662.91$401
Jul 2012011085.133.02$332
Jun 2012011079.822.52$277
May 201209391.612.49$231
Apr 2012196128101.652.00$20,179
Mar 20120127105.052.22$282
Feb 2012098101.102.57$252
Jan 2012013598.092.73$369
Dec 201115810296.873.24$15,636
Nov 2011011495.723.31$377
Oct 2011010684.983.65$387
Sep 2011012083.623.99$478
Aug 201109783.404.15$402
Jul 2011010894.144.52$488
Jun 20111721492.904.64$16,044
May 201103098.134.40$132
Apr 2011042105.964.33$182
Mar 201105196.364.06$207
Feb 20111769585.644.18$15,470
Jan 2011012886.504.59$587
Dec 2010015585.734.35$674
Nov 2010020980.843.80$793
Oct 201016523578.103.51$13,711
Sep 2010024472.633.98$971
Aug 2010034273.684.42$1,511
Jul 201006772.554.74$317
Jun 2010050070.364.91$2,455
May 201017270671.124.24$15,223
Apr 2010016081.694.12$660
Mar 201018616678.394.39$15,309
Feb 2010011173.585.44$604
Jan 2010041774.365.96$2,487
Dec 2009158671.445.48$3,285
Nov 200917769574.593.75$15,810
Oct 2009079172.544.11$3,251
Sep 20091773,79565.543.06$23,231
Aug 200901,06767.423.22$3,434
Jul 2009086061.133.46$2,979
Jun 200916788566.163.90$14,496
May 2009080754.743.93$3,168
Apr 200918176246.773.59$11,199
Mar 2009094942.144.06$3,852
Feb 200917590232.814.63$9,921
Jan 2009098535.865.37$5,290
Dec 20081761,08937.105.98$13,039
Nov 2008194055.496.86$6,504
Oct 20081701,07075.246.92$20,197
Sep 200801,125101.767.88$8,862
Aug 20081861,110114.228.48$30,661
Jul 200801,173131.0811.39$13,360
Jun 20081781,197131.3313.03$38,977
May 200801,226123.1711.57$14,190
Apr 200801,076110.3110.45$11,249
Mar 20081821,254101.909.66$30,665
Feb 20081911,48392.538.77$30,680
Jan 2008082290.388.21$6,745
Dec 2007058188.337.30$4,242
Nov 200717699591.677.29$23,389
Oct 200701,05882.856.92$7,323
Sep 200717490375.846.24$18,835
Aug 2007189169.066.39$5,761
Jul 200718377070.906.39$17,893
Jun 2007072162.007.55$5,442
May 200718073958.747.85$16,372
Apr 2007041259.617.81$3,216
Mar 200718542656.927.30$13,641
Feb 2007051755.108.22$4,248
Jan 200719173750.306.73$14,565
Dec 2006054656.656.92$3,777
Nov 2006064554.207.62$4,913
Oct 200637673654.906.01$25,069
Sep 2006050760.085.04$2,554
Aug 200617754368.717.34$16,147
Jul 2006174769.376.34$4,807
Jun 200618681566.286.38$17,531
May 2006045566.016.42$2,923
Apr 200618145464.397.36$14,996
Mar 2006076856.707.08$5,440
Feb 200617869157.597.75$15,607
Jan 200617978860.598.93$17,885
Dec 2005078354.9413.42$10,504
Nov 200517685654.6910.59$18,689
Oct 200518177358.3413.80$21,224
Sep 2005171161.4512.08$8,650
Aug 200518271861.519.80$18,229
Jul 20050055.697.84$0
Jun 200535764052.337.38$23,406
May 200518474945.226.65$13,302
Apr 2005059849.207.36$4,402
Mar 200518877850.377.15$15,036
Feb 2005060045.226.31$3,787
Jan 200536266743.166.32$19,841
Dec 2004073939.866.75$4,989
Nov 2004049845.286.33$3,153
Oct 200431769449.706.52$20,276
Sep 2004058543.245.28$3,091
Aug 2004068742.375.55$3,813
Jul 200417672938.286.08$11,173
Jun 200418489536.106.43$12,400
May 2004080137.486.49$5,202
Apr 200418380534.475.86$11,024
Mar 2004069234.365.53$3,827
Feb 200418576632.455.51$10,224
Jan 200419179432.036.30$11,120
Dec 2003082230.266.30$5,180
Nov 200318887228.804.60$9,421
Oct 200301,10728.174.76$5,269
Sep 20031811,44126.314.75$11,606
Aug 20031851,32529.765.13$12,302
Jul 20031871,11629.415.17$11,270
Jun 20031771,61428.565.98$14,712
May 20031882,16926.595.97$17,954
Apr 20033102,33026.675.41$20,867
Mar 2003252531.146.10$3,263
Feb 2003161433.487.93$4,900
Jan 200318586330.315.58$10,425
Dec 20021861,17226.914.85$10,694
Nov 200219096124.664.14$8,661
Oct 2002059626.464.23$2,521
Sep 2002022827.443.64$829
Aug 200218780325.963.16$7,395
Jul 200218960424.583.06$6,495
Jun 2002160123.733.34$2,030
May 2002071024.663.58$2,545
Apr 200217763623.653.51$6,420
Mar 2002067322.003.10$2,088
Feb 200218250818.222.38$4,523
Jan 2002266917.172.38$1,624
Dec 200117563916.932.36$4,474
Nov 2001046218.072.41$1,111
Oct 200117367919.782.53$5,139
Sep 2001065624.262.25$1,477
Aug 200118344524.873.05$5,910
Jul 2001073723.933.20$2,356
Jun 200118368024.563.82$7,095
May 2001088725.524.31$3,821
Apr 2001169024.685.34$4,171
Mar 200117569924.545.38$8,053
Feb 2001065027.755.77$3,749
Jan 200118885527.478.40$12,345
Dec 2000091326.889.12$8,329
Nov 200018244232.215.66$8,363
Oct 2000085531.235.15$4,399
Sep 2000014631.875.19$757
Aug 200012091729.644.54$7,721
Jul 200019685328.534.09$9,080
Jun 20001871,46429.304.40$11,917
May 200018183927.263.68$8,021
Apr 2000077724.513.12$2,421
Mar 200018897428.422.86$8,128
Feb 200001,06027.622.73$2,890
Jan 20007451,36825.272.48$22,219
Dec 199901,32324.282.42$3,207
Nov 199901,32323.192.43$3,220
Oct 199901,86220.982.80$5,221
Sep 19991701,42921.752.62$7,440
Aug 19991701,55719.262.88$7,752
Jul 19991581,74317.892.37$6,962
Jun 19991841,56115.942.36$6,620
May 19993781,39915.792.32$9,216
Apr 19991981,20215.102.21$5,644
Mar 19991851,51212.471.84$5,087
Feb 19991891,2249.981.82$4,111
Jan 19990010.381.90$0
Dec 19980119.201.77$20
Nov 199819797210.892.19$4,270
Oct 199804912.421.97$96
Sep 19983752,70512.592.08$10,355
Aug 19980011.301.91$0
Jul 199818831811.742.24$2,919
Jun 199819360211.242.24$3,516
May 199819289012.622.21$4,387
Apr 19983692,05613.042.51$9,963
Mar 19983272,74912.802.31$10,534
Feb 19985542,57213.952.30$13,642
Jan 19983811,44014.702.15$8,704
Dec 19973711,42116.322.41$9,481
Nov 199720282718.193.09$6,228
Oct 19973883,19019.253.15$17,517
Sep 19973782,74217.742.95$14,808
Aug 19975743,22817.862.55$18,498
Jul 19975773,42117.582.25$17,830
Jun 19975472,85717.242.26$15,879
May 19973531,32418.972.31$9,753
Apr 19977803,49217.882.08$21,219
Mar 19971891,19318.951.94$5,895
Feb 1997040520.492.21$893
Jan 19975973,10423.483.54$25,005
Dec 19963983,67823.32$9,281
Nov 19965664,06621.97$12,435
Oct 19965534,19723.31$12,890
Sep 19965724,09622.22$12,710
Aug 19967814,29920.26$15,823
Jul 19969194,76719.55$17,966
Jun 19967642,93318.73$14,310
May 19963751,01619.43$7,286
Apr 19965651,59421.51$12,153
Mar 19969644,04019.38$18,682
Feb 19965852,70316.98$9,933
Jan 19967863,76917.07$13,417
Dec 19957504,08317.19$12,893
Nov 19955643,48216.00$9,024
Oct 19951391,08915.43$2,145
Sep 19953261,36016.18$5,275
Aug 19953962,36015.92$6,304
Jul 19951932,38615.24$2,941
Jun 19953922,93816.41$6,433
May 19951732,50217.56$3,038
Apr 19954974,31317.73$8,812
Mar 19957124,53816.44$11,705
Feb 19957444,88216.58$12,336
Jan 19959447,49515.92$15,028
Dec 19949618,50315.03$14,444
Nov 19941,1718,69215.90$18,619
Oct 19947496,82915.58$11,669
Sep 19947425,17815.29$11,345
Aug 19947215,83016.13$11,630
Jul 19949056,08617.56$15,892
Jun 19941,0476,83817.09$17,893
May 19941,2347,75415.88$19,596
Apr 19943472,66614.14$4,907
Mar 19948923,57212.46$11,114
Feb 19945323,85312.50$6,650
Jan 19945674,12212.66$7,178
Dec 19933894,41312.33$4,796
Nov 19939335,57614.49$13,519
Oct 19931,2937,99115.85$20,494
Sep 19931,0986,74715.03$16,503
Aug 19939174,10615.66$14,360
Jul 19939084,60315.46$14,038
Jun 19931,0704,63816.79$17,965
May 19939144,51617.68$16,160
Apr 19933753,13118.05$6,769
Mar 19932,05011,74918.14$37,187
Feb 19931,8567,59517.90$33,222
Jan 19932,0379,34716.93$34,486

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                  168 bbl  × $106.41 =    $17,877
Casinghead gas       442 Mcf  × $  3.05 =     $1,346

────────────────────────────────────────────────────
Month total                                  $19,223

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/21403 is the state's own key, not one this site invented.