WILL 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 21409District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$4.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$63
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
OilDisposition108,142 bbl$3,853,243
Casinghead gasProduction329,653 Mcf$776,684
Total$4,629,927

159,180 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 30.5858, -96.4939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.58577, -96.49395 · 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
8,188 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 8,188 ft.

Completions filed
Feb 1991
1 of 1 wells

1 well

42-0513329628,188 ftFeb 1991

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 20251062.743.08$63
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 20251070.884.34$71
Jan 202505874.324.28$248
Dec 20242068.993.12$138
Nov 202453269.052.20$416
Oct 202406071.372.28$137
Sep 202407769.612.36$182
Aug 202402875.632.06$58
Jul 202403679.932.15$77
Jun 20240678.082.63$16
May 202402178.812.20$46
Apr 202405684.451.66$93
Mar 202405580.301.55$85
Feb 202403076.091.78$54
Jan 20240073.023.30$0
Dec 202305171.262.61$133
Nov 20230077.892.81$0
Oct 202317916385.443.09$15,797
Sep 202318116189.042.74$16,557
Aug 202317723680.522.67$14,883
Jul 202318016774.852.64$13,914
Jun 20233668768.962.26$25,436
May 202318319870.622.23$13,364
Apr 202318312078.122.24$14,564
Mar 202336331872.852.39$27,206
Feb 202319324675.112.47$15,103
Jan 202336934376.533.39$29,402
Dec 202218313476.415.73$14,751
Nov 202218920285.005.65$17,206
Oct 202237051087.185.86$35,247
Sep 202254429784.888.16$48,599
Aug 202204594.529.13$411
Jul 2022022101.587.54$166
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 2022289172104.226.84$31,296
Mar 2022183199108.885.08$20,935
Feb 20220391.054.86$15
Jan 20220581.844.54$23
Dec 20210071.323.90$0
Nov 2021015877.435.24$827
Oct 202118419079.795.71$15,767
Sep 202119022569.865.35$14,477
Aug 20216422566.024.22$5,175
Jul 202117716470.783.98$13,181
Jun 202118715469.493.38$13,515
May 202118717963.483.02$12,411
Apr 202118220260.362.76$11,543
Mar 202116525861.302.72$10,815
Feb 202117417757.805.55$11,039
Jan 202119117950.412.81$10,131
Dec 202017318244.642.68$8,210
Nov 202018318938.772.71$7,606
Oct 202017717836.972.48$6,985
Sep 202018223037.091.99$7,208
Aug 202018222139.982.39$7,803
Jul 202018225338.371.83$7,445
Jun 202018423734.901.69$6,822
May 2020017116.921.81$310
Apr 202018118214.751.80$2,998
Mar 202034228530.341.86$10,905
Feb 202016518649.881.98$8,599
Jan 202017919257.252.09$10,650
Dec 201917022059.012.30$10,539
Nov 201917019955.302.75$9,948
Oct 201918623753.472.42$10,519
Sep 201917329855.052.66$10,316
Aug 201951531453.112.30$28,075
Jul 2019121056.272.46$573
Jun 201918221052.782.49$10,129
May 201918028858.482.74$11,316
Apr 201918131662.632.75$12,205
Mar 201918429356.803.06$11,348
Feb 201936430250.852.79$19,353
Jan 201918036646.033.23$9,467
Dec 201834832746.594.19$17,582
Nov 201817129652.934.24$10,305
Oct 201817138461.443.40$11,811
Sep 201833631559.543.11$20,984
Aug 201817429459.403.07$11,237
Jul 201851035765.142.93$34,268
Jun 201817127460.183.08$11,134
May 201816733965.382.90$11,902
Apr 201834535663.842.90$23,057
Mar 201833929661.222.79$21,578
Feb 201816224461.782.77$10,683
Jan 201817135762.874.01$12,182
Dec 201734237057.272.92$20,667
Nov 201716731355.423.12$10,231
Oct 201735642149.292.98$18,803
Sep 201733244747.523.09$17,157
Aug 201733743945.373.00$16,609
Jul 201733858343.873.09$16,628
Jun 201750454742.493.09$23,104
May 201734873945.373.26$18,200
Apr 20178401,13947.933.21$43,919
Mar 20171,5181,23746.772.98$74,688
Feb 201717128450.452.95$9,465
Jan 201734132249.413.42$17,950
Dec 201631834248.763.72$16,779
Nov 201616236242.492.64$7,841
Oct 201617933046.193.09$9,288
Sep 201616136641.553.10$7,824
Aug 201634840841.442.92$15,614
Jul 201633035941.622.92$14,784
Jun 201617035245.352.69$8,655
May 201616440142.521.99$7,772
Apr 201654136736.561.99$20,510
Mar 201634444533.011.79$12,154
Feb 201617042826.472.06$5,383
Jan 201635946827.352.36$10,925
Dec 201554752532.362.00$18,752
Nov 201551850038.792.17$21,177
Oct 201535550043.552.43$16,674
Sep 201568470942.992.76$31,361
Aug 201517935640.162.87$8,211
Jul 2015037248.152.95$1,096
Jun 201518312956.152.88$10,647
May 201517310555.212.96$9,862
Apr 201517149.822.71$242
Mar 201516925142.892.93$7,985
Feb 201517526844.662.98$8,613
Jan 2015024643.433.10$763
Dec 201418132254.693.59$11,055
Nov 201418324870.464.25$13,949
Oct 2014126978.303.90$1,128
Sep 201417629686.164.05$16,362
Aug 20143430689.394.04$4,274
Jul 201417834896.564.18$18,642
Jun 2014037598.164.74$1,776
May 201417536294.734.73$18,289
Apr 2014035395.944.81$1,698
Mar 201417737695.895.06$18,874
Feb 201417931997.406.19$19,410
Jan 2014035490.404.86$1,721
Dec 201317737991.824.35$17,902
Nov 201317734788.853.74$17,024
Oct 2013040497.423.78$1,527
Sep 2013176446104.113.72$19,981
Aug 20130163104.253.52$574
Jul 2013177417102.523.72$19,696
Jun 201317440394.403.93$18,011
May 2013041794.834.15$1,730
Apr 201317440493.964.28$18,079
Mar 2013039893.623.91$1,557
Feb 201317436791.233.42$17,129
Jan 2013043791.603.42$1,495
Dec 201217739886.773.42$16,720
Nov 201217641686.953.62$16,811
Oct 2012044889.383.40$1,523
Sep 201217643794.672.92$17,937
Aug 201217247592.662.91$17,319
Jul 2012045385.133.02$1,368
Jun 201217444879.822.52$15,017
May 2012045691.612.49$1,135
Apr 2012173449101.652.00$18,482
Mar 2012175427105.052.22$19,333
Feb 20120421101.102.57$1,082
Jan 201217547198.092.73$18,454
Dec 201117948596.873.24$18,911
Nov 201117337995.723.31$17,815
Oct 2011021784.983.65$792
Sep 2011039083.623.99$1,554
Aug 201117143283.404.15$16,054
Jul 201117344394.144.52$18,287
Jun 2011044792.904.64$2,074
May 201117341098.134.40$18,782
Apr 2011175437105.964.33$20,437
Mar 201117847496.364.06$19,075
Feb 2011039285.644.18$1,639
Jan 201117845486.504.59$17,480
Dec 201017344585.734.35$16,766
Nov 2010044780.843.80$1,697
Oct 201017746378.103.51$15,448
Sep 201017449372.633.98$14,600
Aug 201017252473.684.42$14,989
Jul 201017038872.554.74$14,171
Jun 2010048470.364.91$2,377
May 201017251671.124.24$14,418
Apr 201017649281.694.12$16,406
Mar 2010034478.394.39$1,510
Feb 201017833873.585.44$14,937
Jan 201017347474.365.96$15,691
Dec 200917648271.445.48$15,217
Nov 2009047074.593.75$1,763
Oct 200917752972.544.11$15,014
Sep 200917553665.543.06$13,112
Aug 200917350967.423.22$13,302
Jul 200917257061.133.46$12,489
Jun 2009053866.163.90$2,096
May 200917553454.743.93$11,676
Apr 200917752846.773.59$10,172
Mar 200917554242.144.06$9,574
Feb 2009053332.814.63$2,469
Jan 200918551435.865.37$9,395
Dec 200818351737.105.98$9,879
Nov 200817454455.496.86$13,387
Oct 200817457375.246.92$17,058
Sep 20080442101.767.88$3,482
Aug 2008179563114.228.48$25,221
Jul 2008181583131.0811.39$30,366
Jun 20080438131.3313.03$5,708
May 2008179707123.1711.57$30,230
Apr 2008183682110.3110.45$27,317
Mar 2008181619101.909.66$24,426
Feb 200818270492.538.77$23,015
Jan 200818133490.388.21$19,099
Dec 200717965088.337.30$20,557
Nov 2007066391.677.29$4,834
Oct 200718162382.856.92$19,308
Sep 200717458475.846.24$16,843
Aug 200718060969.066.39$16,321
Jul 200718264070.906.39$16,992
Jun 2007064762.007.55$4,884
May 200717666558.747.85$15,556
Apr 200718165059.617.81$15,863
Mar 200718266456.927.30$15,208
Feb 200717860755.108.22$14,795
Jan 2007063250.306.73$4,251
Dec 200617564756.656.92$14,390
Nov 200618567854.207.62$15,192
Oct 200618368354.906.01$14,154
Sep 200618147160.085.04$13,247
Aug 200617870768.717.34$17,420
Jul 200617963169.376.34$16,420
Jun 2006035766.286.38$2,279
May 200618059466.016.42$15,698
Apr 200618058664.397.36$15,903
Mar 200617958556.707.08$14,293
Feb 200617951157.597.75$14,269
Jan 200617958860.598.93$16,098
Dec 2005162754.9413.42$8,466
Nov 200517882954.6910.59$18,513
Oct 200516286558.3413.80$21,384
Sep 200517383061.4512.08$20,656
Aug 200517886661.519.80$19,433
Jul 200517888155.697.84$16,823
Jun 200517988752.337.38$15,914
May 200518192145.226.65$14,311
Apr 200517577649.207.36$14,322
Mar 200517885850.377.15$15,105
Feb 200517883545.226.31$13,320
Jan 200518282943.166.32$13,096
Dec 200418286939.866.75$13,121
Nov 200417888445.286.33$13,656
Oct 20041761,00949.706.52$15,321
Sep 20043571,01643.245.28$20,805
Aug 20041761,12542.375.55$13,702
Jul 2004083938.286.08$5,105
Jun 200417795636.106.43$12,540
May 20043371,03137.486.49$19,327
Apr 200417694734.475.86$11,615
Mar 20041801,03934.365.53$11,931
Feb 200417793732.455.51$10,906
Jan 20043601,06932.036.30$18,265
Dec 20031751,07330.266.30$12,057
Nov 20031791,05728.804.60$10,012
Oct 20033811,21028.174.76$16,492
Sep 20031901,22126.314.75$10,798
Aug 20035671,49229.765.13$24,527
Jul 20033791,33629.415.17$18,055
Jun 2003043328.565.98$2,591
May 200318840326.595.97$7,406
Apr 200318854926.675.41$7,983
Mar 200318944331.146.10$8,586
Feb 2003049233.487.93$3,900
Jan 200318857730.315.58$8,919
Dec 200215753126.914.85$6,802
Nov 200237537124.664.14$10,782
Oct 2002029926.464.23$1,265
Sep 200218951327.443.64$7,051
Aug 200237557325.963.16$11,548
Jul 200219077024.583.06$7,028
Jun 200218873923.733.34$6,928
May 200237977624.663.58$12,127
Apr 200218755323.653.51$6,365
Mar 2002050222.003.10$1,558
Feb 200218636118.222.38$4,247
Jan 200218668317.172.38$4,816
Dec 200116045316.932.36$3,780
Nov 200118810318.072.41$3,645
Oct 200118682219.782.53$5,758
Sep 200137379724.262.25$10,843
Aug 200119177724.873.05$7,122
Jul 20013781,02323.933.20$12,316
Jun 200138086024.563.82$12,622
May 20013851,57925.524.31$16,626
Apr 20017722,20724.685.34$30,828
Mar 20013861,71224.545.38$18,677
Feb 200119463427.755.77$9,040
Jan 200138178127.478.40$17,026
Dec 20007531,01726.889.12$29,518
Nov 200019415332.215.66$7,114
Oct 200018736431.235.15$7,713
Sep 200018062131.875.19$8,957
Aug 200017338729.644.54$6,885
Jul 200017846028.534.09$6,960
Jun 200036439529.304.40$12,402
May 20003561,07227.263.68$13,649
Apr 200019086324.513.12$7,346
Mar 200036561828.422.86$12,141
Feb 200036271227.622.73$11,940
Jan 200018370925.272.48$6,383
Dec 19993701,04324.282.42$11,512
Nov 19995451,07123.192.43$15,245
Oct 19993641,94120.982.80$13,079
Sep 19993631,40421.752.62$11,572
Aug 199936788919.262.88$9,625
Jul 199953492817.892.37$11,755
Jun 19993601,03015.942.36$8,171
May 199918535315.792.32$3,740
Apr 199918534915.102.21$3,564
Mar 199918139612.471.84$2,985
Feb 199902729.981.82$494
Jan 199918335910.381.90$2,582
Dec 19981842919.201.77$2,209
Nov 199818447410.892.19$3,040
Oct 199818642612.421.97$3,149
Sep 1998062012.592.08$1,291
Aug 199818151611.301.91$3,029
Jul 199818280511.742.24$3,938
Jun 199817856811.242.24$3,271
May 199816812712.622.21$2,400
Apr 199818343613.042.51$3,479
Mar 199817931612.802.31$3,021
Feb 199817850613.952.30$3,646
Jan 199827961614.702.15$5,429
Dec 199725156416.322.41$5,456
Nov 199717476418.193.09$5,524
Oct 199742187219.253.15$10,851
Sep 1997072817.742.95$2,151
Aug 199730549417.862.55$6,709
Jul 19976531017.582.25$1,839
Jun 199729094417.242.26$7,130
May 19973661,61918.972.31$10,680
Apr 19973641,89717.882.08$10,459
Mar 19973441,90118.951.94$10,205
Feb 19973791,77020.492.21$11,670
Jan 19973851,88523.483.54$15,712
Dec 19964911,93023.32$11,450
Nov 19963761,87421.97$8,261
Oct 19963741,97323.31$8,718
Sep 19963711,97122.22$8,244
Aug 19964262,16520.26$8,631
Jul 19965542,29519.55$10,831
Jun 19963692,20918.73$6,911
May 19965662,29019.43$10,997
Apr 19963732,30921.51$8,023
Mar 19965792,53019.38$11,221
Feb 19963792,30116.98$6,435
Jan 19965382,56817.07$9,184
Dec 19955532,63917.19$9,506
Nov 19955552,68016.00$8,880
Oct 19955512,98015.43$8,502
Sep 19955562,93316.18$8,996
Aug 19955553,09915.92$8,836
Jul 19955683,07015.24$8,656
Jun 19955763,09116.41$9,452
May 19957413,46917.56$13,012
Apr 19955573,08117.73$9,876
Mar 19957163,50716.44$11,771
Feb 19957493,27016.58$12,418
Jan 19957483,86115.92$11,908
Dec 19947493,59815.03$11,257
Nov 19943811,85715.90$6,058
Oct 19947313,84915.58$11,389
Sep 19947453,99015.29$11,391
Aug 19949234,14416.13$14,888
Jul 19947014,39817.56$12,310
Jun 19949244,68217.09$15,791
May 19941,2085,08015.88$19,183
Apr 19946953,78914.14$9,827
Mar 19941,2255,41712.46$15,264
Feb 19941,0564,08312.50$13,200
Jan 19941,2374,56512.66$15,660
Dec 19931,4475,75312.33$17,842
Nov 19931,4484,51314.49$20,982
Oct 19931,4393,80015.85$22,808
Sep 19931,6133,77015.03$24,243
Aug 19931,9853,94315.66$31,085
Jul 19931,4312,97315.46$22,123
Jun 19931,6511,97716.79$27,720
May 19931,4541,14117.68$25,707
Apr 19931,1141,87118.05$20,108
Mar 19932,2066,39618.14$40,017
Feb 19931,7704,17417.90$31,683
Jan 19932,0155,32216.93$34,114

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.

Sep 2025 — as filed, then multipliedworked
Oil                    1 bbl  × $ 62.74 =        $63
Casinghead gas         0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                      $63

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/21409 is the state's own key, not one this site invented.