VENEMA-CLEAR LAKE PINES 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 21486District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$4.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$43 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
OilDisposition96,107 bbl$3,116,967
Casinghead gasProduction696,886 Mcf$1,536,877
Total$4,653,845

350,211 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 30.0115, -96.9596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.01149, -96.95964 · 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
12,460 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 12,460 ft.

Completions filed
Mar 1992
1 of 1 wells

1 well

42-14932564112,460 ftMar 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 2026185106.413.05$365
Apr 202605998.932.87$169
Mar 20261837889.753.15$16,670
Feb 202615263.503.75$259
Jan 202604559.138.00$360
Dec 202508456.664.41$371
Nov 20251897958.593.93$11,384
Oct 202524659.383.30$271
Sep 202519362.743.08$349
Aug 202508363.933.01$250
Jul 20251867066.743.32$12,646
Jun 202507566.483.13$235
May 202505960.553.23$191
Apr 202517162.363.54$314
Mar 20251908567.704.27$13,226
Feb 202504970.884.34$213
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202415569.052.20$190
Oct 20241749071.372.28$12,624
Sep 202401269.612.36$28
Aug 202402475.632.06$50
Jul 202418511679.932.15$15,036
Jun 2024026578.082.63$698
May 2024118078.812.20$475
Apr 202404184.451.66$68
Mar 202419019080.301.55$15,551
Feb 202406876.091.78$121
Jan 2024013873.023.30$455
Dec 2023028371.262.61$739
Nov 202318018777.892.81$14,545
Oct 2023138185.443.09$1,262
Sep 2023028189.042.74$769
Aug 202318029380.522.67$15,277
Jul 2023036474.852.64$962
Jun 202318529268.962.26$13,417
May 2023032470.622.23$722
Apr 202319134278.122.24$15,686
Mar 2023039472.852.39$943
Feb 2023040175.112.47$989
Jan 202318329676.533.39$15,008
Dec 2022035776.415.73$2,045
Nov 202218544385.005.65$18,226
Oct 2022050987.185.86$2,985
Sep 202218652784.888.16$20,090
Aug 2022222594.529.13$2,243
Jul 2022133101.587.54$350
Jun 2022046115.097.98$367
May 202218467109.378.43$20,689
Apr 2022063104.226.84$431
Mar 2022029108.885.08$147
Feb 202203591.054.86$170
Jan 20220481.844.54$18
Dec 202102371.323.90$90
Nov 20211739477.435.24$13,888
Oct 2021010779.795.71$611
Sep 2021010669.865.35$567
Aug 2021012166.024.22$511
Jul 2021012470.783.98$494
Jun 202117813069.493.38$12,809
May 202107663.483.02$229
Apr 202108760.362.76$240
Mar 2021014161.302.72$383
Feb 202117310857.805.55$10,599
Jan 2021014550.412.81$407
Dec 2020015044.642.68$401
Nov 202016515738.772.71$6,822
Oct 2020015636.972.48$387
Sep 202017916137.091.99$6,960
Aug 2020015839.982.39$377
Jul 202017211938.371.83$6,817
Jun 2020011834.901.69$199
May 2020012816.921.81$232
Apr 2020013414.751.80$242
Mar 202016414330.341.86$5,241
Feb 2020014249.881.98$281
Jan 2020015957.252.09$333
Dec 201916216759.012.30$9,944
Nov 2019014255.302.75$391
Oct 201915516453.472.42$8,684
Sep 2019015955.052.66$423
Aug 201916217353.112.30$9,002
Jul 201917618256.272.46$10,351
Jun 2019017452.782.49$433
May 201906358.482.74$173
Apr 201904162.632.75$113
Mar 2019015056.803.06$459
Feb 201917213450.852.79$9,120
Jan 2019015546.033.23$500
Dec 201816513546.594.19$8,252
Nov 2018014452.934.24$610
Oct 2018016461.443.40$557
Sep 201818617159.543.11$11,606
Aug 2018018759.403.07$573
Jul 2018018065.142.93$528
Jun 201835618760.183.08$21,999
May 2018010065.382.90$290
Apr 2018017363.842.90$502
Mar 2018017461.222.79$485
Feb 201819413461.782.77$12,356
Jan 2018030362.874.01$1,215
Dec 201719719757.272.92$11,858
Nov 2017018455.423.12$574
Oct 201719227049.292.98$10,269
Sep 2017020447.523.09$630
Aug 201718438145.373.00$9,493
Jul 201718827643.873.09$9,100
Jun 20170842.493.09$25
May 20170745.373.26$23
Apr 201719030147.933.21$10,073
Mar 201705346.772.98$158
Feb 2017029550.452.95$871
Jan 201719351349.413.42$11,290
Dec 201602748.763.72$101
Nov 201607342.492.64$193
Oct 201618931746.193.09$9,710
Sep 201618568141.553.10$9,798
Aug 2016063341.442.92$1,851
Jul 201618854441.622.92$9,415
Jun 20160545.352.69$13
May 20169714542.521.99$4,413
Apr 2016019636.561.99$390
Mar 2016018833.011.79$337
Feb 20161532526.472.06$4,102
Jan 201617623927.352.36$5,379
Dec 2015019832.362.00$396
Nov 2015019738.792.17$427
Oct 201517925543.552.43$8,414
Sep 2015028442.992.76$783
Aug 201518333140.162.87$8,300
Jul 2015034648.152.95$1,019
Jun 201518930756.152.88$11,497
May 2015033055.212.96$975
Apr 2015011749.822.71$317
Mar 201518817342.892.93$8,571
Feb 2015020544.662.98$610
Jan 201519023043.433.10$8,965
Dec 201408954.693.59$320
Nov 201407670.464.25$323
Oct 201419523678.303.90$16,189
Sep 2014013586.164.05$546
Aug 2014020889.394.04$839
Jul 201418218996.564.18$18,364
Jun 2014021098.164.74$995
May 2014020394.734.73$959
Apr 201418717195.944.81$18,763
Mar 2014017595.895.06$885
Feb 2014017997.406.19$1,108
Jan 201418220890.404.86$17,464
Dec 2013019991.824.35$867
Nov 201309588.853.74$355
Oct 201317113797.423.78$17,177
Sep 20130213104.113.72$792
Aug 2013182198104.253.52$19,671
Jul 20130178102.523.72$662
Jun 201318829194.403.93$18,892
May 2013017694.834.15$730
Apr 20131684193.964.28$15,961
Mar 201309693.623.91$376
Feb 201318934291.233.42$18,412
Jan 2013021191.603.42$722
Dec 201218954086.773.42$18,246
Nov 2012040186.953.62$1,454
Oct 201201489.383.40$48
Sep 201219021894.672.92$18,624
Aug 2012073192.662.91$2,126
Jul 201217495885.133.02$17,707
Jun 20121921,01279.822.52$17,875
May 201201,03691.612.49$2,578
Apr 20121861,030101.652.00$20,964
Mar 20121931,095105.052.22$22,708
Feb 20120956101.102.57$2,457
Jan 20121951,07398.092.73$22,061
Dec 201118984096.873.24$21,030
Nov 20111921,13795.723.31$22,143
Oct 2011059784.983.65$2,178
Sep 20111921,05383.623.99$20,252
Aug 201101,08183.404.15$4,485
Jul 20111861,05294.144.52$22,262
Jun 201119597992.904.64$22,658
May 20111911,02798.134.40$23,267
Apr 201101,126105.964.33$4,879
Mar 20111891,19996.364.06$23,077
Feb 20111911,07685.644.18$20,855
Jan 20111991,17386.504.59$22,596
Dec 20101941,20285.734.35$21,858
Nov 201001,14380.843.80$4,338
Oct 20101931,18078.103.51$19,214
Sep 20101931,11972.633.98$18,471
Aug 20101851,24673.684.42$19,137
Jul 201001,27572.554.74$6,039
Jun 20101851,26270.364.91$19,214
May 20101851,49071.124.24$19,468
Apr 20101921,10881.694.12$20,252
Mar 20101941,08278.394.39$19,956
Feb 201019594673.585.44$19,497
Jan 201001,07774.365.96$6,423
Dec 20091951,11371.445.48$20,034
Nov 20091921,06574.593.75$18,317
Oct 200901,10972.544.11$4,558
Sep 20091901,12365.543.06$15,894
Aug 20091911,11367.423.22$16,459
Jul 20091911,18061.133.46$15,764
Jun 20091911,16866.163.90$17,186
May 200901,29454.743.93$5,080
Apr 20091941,23146.773.59$13,490
Mar 20091961,31342.144.06$13,589
Feb 20091971,24332.814.63$12,222
Jan 20091951,20735.865.37$13,476
Dec 20081971,26937.105.98$14,894
Nov 200801,26455.496.86$8,672
Oct 20081941,26775.246.92$23,367
Sep 20081941,063101.767.88$28,115
Aug 200801,192114.228.48$10,112
Jul 20081711,034131.0811.39$34,191
Jun 20081931,133131.3313.03$40,113
May 20081911,225123.1711.57$37,704
Apr 20081941,248110.3110.45$34,448
Mar 200801,324101.909.66$12,795
Feb 20081951,16392.538.77$28,244
Jan 20081991,13890.388.21$27,324
Dec 20071971,18388.337.30$26,039
Nov 20071951,30891.677.29$27,413
Oct 200701,37482.856.92$9,511
Sep 20071921,35975.846.24$23,047
Aug 20071941,23369.066.39$21,274
Jul 20071961,20670.906.39$21,600
Jun 20071971,00962.007.55$19,830
May 20071941,00258.747.85$19,258
Apr 200719788059.617.81$18,612
Mar 20071941,14856.927.30$19,425
Feb 20071961,18455.108.22$20,527
Jan 20071881,19050.306.73$17,461
Dec 200601,19256.656.92$8,247
Nov 20061911,18354.207.62$19,364
Oct 20061841,32654.906.01$18,076
Sep 20061871,40660.085.04$18,317
Aug 20061821,41168.717.34$22,862
Jul 20061831,43469.376.34$21,790
Jun 20061841,39666.286.38$21,107
May 20061751,49666.016.42$21,164
Apr 20061761,49164.397.36$22,307
Mar 20061911,57256.707.08$21,964
Feb 20061961,47457.597.75$22,713
Jan 20063121,68560.598.93$33,957
Dec 20051881,66954.9413.42$32,719
Nov 20051831,67554.6910.59$27,744
Oct 20051681,77558.3413.80$34,289
Sep 20051551,64561.4512.08$29,395
Aug 20051561,81761.519.80$27,396
Jul 20053461,87455.697.84$33,968
Jun 20051821,77752.337.38$22,640
May 20051861,89245.226.65$20,995
Apr 20051821,90149.207.36$22,947
Mar 20051902,03350.377.15$24,116
Feb 20051851,74045.226.31$19,348
Jan 20053401,89943.166.32$26,680
Dec 20041811,97439.866.75$20,541
Nov 20041552,00145.286.33$19,686
Oct 20043612,17449.706.52$32,106
Sep 20041801,78043.245.28$17,189
Aug 20041852,24242.375.55$20,283
Jul 20043381,57538.286.08$22,521
Jun 200416235636.106.43$8,138
May 200411,09037.486.49$7,117
Apr 20043601,49434.475.86$21,162
Mar 20041761,70734.365.53$15,487
Feb 20045481,40832.455.51$25,540
Jan 2004184032.036.30$5,894
Dec 200336631930.266.30$13,085
Nov 200354056728.804.60$18,157
Oct 20031782,54128.174.76$17,109
Sep 20033581,92626.314.75$18,566
Aug 200301,11429.765.13$5,715
Jul 200318668029.415.17$8,986
Jun 20035422,13428.565.98$28,247
May 20033572,95426.595.97$27,136
Apr 20033611,93426.675.41$20,086
Mar 20033582,14331.146.10$24,212
Feb 20031772,00633.487.93$21,825
Jan 20035402,29630.315.58$29,184
Dec 20021842,37726.914.85$16,489
Nov 20023672,89824.664.14$21,039
Oct 20025393,81426.464.23$30,392
Sep 20025452,31527.443.64$23,370
Aug 200217867725.963.16$6,763
Jul 20021792,28924.583.06$11,408
Jun 20023552,40323.733.34$16,446
May 20023582,56424.663.58$18,018
Apr 20023622,38823.653.51$16,949
Mar 20023552,40922.003.10$15,284
Feb 20023641,56118.222.38$10,341
Jan 200236579117.172.38$8,146
Dec 20015411,37616.932.36$12,413
Nov 200136226218.072.41$7,172
Oct 20019052,51319.782.53$24,256
Sep 20011,2643,54124.262.25$38,637
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20013541,27324.685.34$15,529
Mar 20011801,18424.545.38$10,783
Feb 200101,61527.755.77$9,314
Jan 20013571,32827.478.40$20,960
Dec 20003601,82526.889.12$26,325
Nov 2000044232.215.66$2,501
Oct 20001831,02931.235.15$11,010
Sep 20003562,45831.875.19$24,094
Aug 20001771,84229.644.54$13,610
Jul 200017841128.534.09$6,759
Jun 200017877129.304.40$8,606
May 20001831,51927.263.68$10,578
Apr 20001781,64624.513.12$9,492
Mar 20003591,86628.422.86$15,539
Feb 20001881,96927.622.73$10,561
Jan 20003601,53925.272.48$12,915
Dec 19993622,19924.282.42$14,119
Nov 19993591,57023.192.43$12,147
Oct 19991791,49820.982.80$7,955
Sep 19993582,63721.752.62$14,692
Aug 19998856,42219.262.88$35,512
Jul 199901,18217.892.37$2,804
Jun 199901,45415.942.36$3,434
May 19991781,19015.792.32$5,573
Apr 19991801,28415.102.21$5,553
Mar 19993602,38212.471.84$8,868
Feb 19991802,1679.981.82$5,736
Jan 19993762,63810.381.90$8,915
Dec 19983752,4449.201.77$7,784
Nov 19983582,52210.892.19$9,411
Oct 19985473,04612.421.97$12,792
Sep 19983583,02412.592.08$10,805
Aug 19981891,81111.301.91$5,590
Jul 19983533,15411.742.24$11,201
Jun 19981832,91111.242.24$8,570
May 19983583,49312.622.21$12,225
Apr 19985403,61813.042.51$16,106
Mar 19983673,83012.802.31$13,543
Feb 19985343,40413.952.30$15,276
Jan 19985404,47714.702.15$17,585
Dec 19977256,16716.322.41$26,701
Nov 19973642,23818.193.09$13,533
Oct 19973624,67919.253.15$21,707
Sep 19977134,88917.742.95$27,095
Aug 19977126,22417.862.55$28,617
Jul 19975434,69817.582.25$20,102
Jun 19975342,56917.242.26$15,005
May 19973582,20318.972.31$11,877
Apr 19971801,54717.882.08$6,440
Mar 19971792,19918.951.94$7,656
Feb 19973572,27020.492.21$12,322
Jan 19973592,27123.483.54$16,468
Dec 19963572,63023.32$8,325
Nov 19961871,97621.97$4,108
Oct 19963634,00623.31$8,462
Sep 19963634,45722.22$8,066
Aug 19965463,77820.26$11,062
Jul 19965403,18319.55$10,557
Jun 19963572,83918.73$6,687
May 19965573,57019.43$10,823
Apr 19965493,25021.51$11,809
Mar 19967263,18919.38$14,070
Feb 19963752,16716.98$6,368
Jan 19963632,82217.07$6,196
Dec 19953763,24817.19$6,463
Nov 19953833,30016.00$6,128
Oct 19955393,33415.43$8,317
Sep 19953633,20116.18$5,873
Aug 19953573,47515.92$5,683
Jul 19955393,64115.24$8,214
Jun 19951913,76616.41$3,134
May 19951833,48017.56$3,213
Apr 19955513,87517.73$9,769
Mar 19953763,97916.44$6,181
Feb 19955584,40416.58$9,252
Jan 19955575,07415.92$8,867
Dec 19947325,82815.03$11,002
Nov 19945406,46015.90$8,586
Oct 19947277,14315.58$11,327
Sep 19947097,40615.29$10,841
Aug 19945507,71116.13$8,872
Jul 19947278,08617.56$12,766
Jun 19947318,64617.09$12,493
May 19941,0879,07615.88$17,262
Apr 19947069,79414.14$9,983
Mar 19941,08611,17012.46$13,532
Feb 19949169,63712.50$11,450
Jan 19941,26710,92412.66$16,040
Dec 19931,09312,50912.33$13,477
Nov 19931,07615,03114.49$15,591
Oct 19931,43920,57815.85$22,808
Sep 19931,43317,47215.03$21,538
Aug 19938867,27015.66$13,875
Jul 19931,43012,19615.46$22,108
Jun 19931,43212,71716.79$24,043
May 19931,80113,92017.68$31,842
Apr 19931,79515,22718.05$32,400
Mar 19931,81117,14318.14$32,852
Feb 19932,2153,03417.90$39,649
Jan 19932,94818,58916.93$49,910

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                    1 bbl  × $106.41 =       $106
Casinghead gas        85 Mcf  × $  3.05 =       $259

────────────────────────────────────────────────────
Month total                                     $365

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/21486 is the state's own key, not one this site invented.