NOACK 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 21501District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$3.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$42 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
OilDisposition84,080 bbl$2,681,136
Casinghead gasProduction184,995 Mcf$666,136
Total$3,347,272

57,978 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 30.0259, -96.9401. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.02588, -96.94012 · 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
11,859 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 11,859 ft.

Completions filed
Apr 2005
1 of 1 wells

1 well

42-14932599111,859 ftApr 2005

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 20260127106.413.05$387
Apr 202607098.932.87$201
Mar 20261778589.753.15$16,153
Feb 202607863.503.75$293
Jan 202606159.138.00$488
Dec 20251784956.664.41$10,302
Nov 202522858.593.93$227
Oct 202505059.383.30$165
Sep 2025311662.743.08$545
Aug 2025010163.933.01$304
Jul 202518913066.743.32$13,045
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025035362.363.54$1,251
Mar 2025191067.704.27$12,931
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240268.993.12$6
Nov 20240069.052.20$0
Oct 2024187071.372.28$13,346
Sep 20240069.612.36$0
Aug 20240375.632.06$6
Jul 2024177079.932.15$14,148
Jun 20240078.082.63$0
May 2024010778.812.20$235
Apr 202402484.451.66$40
Mar 2024011380.301.55$175
Feb 202419010076.091.78$14,635
Jan 202406973.023.30$228
Dec 202307271.262.61$188
Nov 2023110377.892.81$367
Oct 20231939885.443.09$16,792
Sep 2023011489.042.74$312
Aug 2023011580.522.67$307
Jul 2023010574.852.64$277
Jun 202318617768.962.26$13,226
May 2023018770.622.23$417
Apr 2023017778.122.24$396
Mar 2023017972.852.39$428
Feb 202319014775.112.47$14,633
Jan 2023017076.533.39$576
Dec 2022616576.415.73$1,404
Nov 2022015485.005.65$870
Oct 2022516687.185.86$1,409
Sep 202219317984.888.16$17,843
Aug 2022618794.529.13$2,274
Jul 20220197101.587.54$1,486
Jun 20220201115.097.98$1,603
May 2022181201109.378.43$21,491
Apr 20220196104.226.84$1,340
Mar 20220199108.885.08$1,010
Feb 2022017491.054.86$845
Jan 202218018281.844.54$15,557
Dec 2021019071.323.90$741
Nov 2021015677.435.24$817
Oct 202118217679.795.71$15,527
Sep 2021019169.865.35$1,022
Aug 2021115666.024.22$724
Jul 202118320570.783.98$13,769
Jun 2021220269.493.38$822
May 2021119563.483.02$652
Apr 2021116660.362.76$518
Mar 202118420761.302.72$11,842
Feb 2021012657.805.55$699
Jan 2021020650.412.81$579
Dec 2020020844.642.68$557
Nov 202018519938.772.71$7,711
Oct 2020020636.972.48$511
Sep 202017822037.091.99$7,040
Aug 2020019239.982.39$458
Jul 2020121938.371.83$438
Jun 2020021434.901.69$362
May 2020222016.921.81$433
Apr 202018322514.751.80$3,105
Mar 2020322630.341.86$511
Feb 2020120549.881.98$456
Jan 2020023857.252.09$499
Dec 201917222059.012.30$10,657
Nov 2019021755.302.75$597
Oct 201917023053.472.42$9,646
Sep 2019020955.052.66$555
Aug 2019123353.112.30$590
Jul 201916824056.272.46$10,044
Jun 2019022652.782.49$563
May 2019010558.482.74$288
Apr 201918122762.632.75$11,960
Mar 2019025956.803.06$793
Feb 2019023050.852.79$642
Jan 201918225346.033.23$9,194
Dec 2018024346.594.19$1,017
Nov 201817424152.934.24$10,231
Oct 2018124461.443.40$891
Sep 2018024259.543.11$752
Aug 201816423359.403.07$10,456
Jul 2018025365.142.93$742
Jun 201816924160.183.08$10,912
May 2018025565.382.90$740
Apr 201817623163.842.90$11,906
Mar 2018023861.222.79$663
Feb 2018019661.782.77$542
Jan 201816722162.874.01$11,385
Dec 2017024057.272.92$701
Nov 201718222655.423.12$10,791
Oct 2017023849.292.98$710
Sep 2017014147.523.09$435
Aug 201717721145.373.00$8,664
Jul 2017026143.873.09$806
Jun 201717524242.493.09$8,183
May 2017124545.373.26$845
Apr 201717022447.933.21$8,868
Mar 2017022646.772.98$674
Feb 2017119750.452.95$632
Jan 201717622449.413.42$9,462
Dec 2016022448.763.72$834
Nov 2016022342.492.64$590
Oct 201617324346.193.09$8,742
Sep 2016023941.553.10$741
Aug 201615823641.442.92$7,238
Jul 2016026241.622.92$766
Jun 201617724545.352.69$8,685
May 2016025242.521.99$502
Apr 2016025336.561.99$504
Mar 201617726033.011.79$6,309
Feb 2016023426.472.06$483
Jan 201618024427.352.36$5,500
Dec 2015024632.362.00$492
Nov 201517721338.792.17$7,327
Oct 2015028543.552.43$692
Sep 201516122442.992.76$7,539
Aug 2015026140.162.87$750
Jul 201518026248.152.95$9,439
Jun 2015022456.152.88$646
May 201516425755.212.96$9,814
Apr 2015030049.822.71$812
Mar 201516732342.892.93$8,111
Feb 2015024744.662.98$735
Jan 201517734143.433.10$8,744
Dec 2014129954.693.59$1,129
Nov 201417927670.464.25$13,786
Oct 2014027878.303.90$1,084
Sep 201417429286.164.05$16,173
Aug 201417834389.394.04$17,295
Jul 2014031896.564.18$1,329
Jun 201417730598.164.74$18,819
May 2014032694.734.73$1,541
Apr 201417931395.944.81$18,679
Mar 2014031495.895.06$1,588
Feb 201418328897.406.19$19,608
Jan 2014032290.404.86$1,565
Dec 201318331991.824.35$18,192
Nov 201317732088.853.74$16,923
Oct 2013037097.423.78$1,398
Sep 2013177242104.113.72$19,327
Aug 20130280104.253.52$986
Jul 2013151262102.523.72$16,455
Jun 201318029494.403.93$18,148
May 201317927994.834.15$18,132
Apr 2013022493.964.28$959
Mar 201317924993.623.91$17,732
Feb 2013021991.233.42$749
Jan 201318235491.603.42$17,882
Dec 2012138286.773.42$1,393
Nov 201218132786.953.62$16,923
Oct 201217737889.383.40$17,105
Sep 2012037894.672.92$1,103
Aug 201217838092.662.91$17,599
Jul 2012039585.133.02$1,193
Jun 201217642079.822.52$15,106
May 201217935091.612.49$17,269
Apr 2012180398101.652.00$19,092
Mar 20122349105.052.22$986
Feb 2012187193101.102.57$19,402
Jan 2012172198.092.73$16,874
Dec 20113696.873.24$310
Nov 20111095.723.31$96
Oct 201115884.983.65$297
Sep 201117729883.623.99$15,989
Aug 20112083.404.15$167
Jul 201116119494.144.52$16,033
Jun 201118443092.904.64$19,089
May 201153949398.134.40$55,064
Apr 20112107105.964.33$676
Mar 20110096.364.06$0
Feb 20110285.644.18$8
Jan 201117612486.504.59$15,793
Dec 2010527585.734.35$1,624
Nov 20101744380.843.80$14,229
Oct 201003178.103.51$109
Sep 20101779672.633.98$13,238
Aug 201011773.684.42$149
Jul 20101771272.554.74$12,898
Jun 201009970.364.91$486
May 201017513471.124.24$13,014
Apr 20100081.694.12$0
Mar 20101973678.394.39$15,601
Feb 20101758873.585.44$13,355
Jan 20101807374.365.96$13,820
Dec 20090371.445.48$16
Nov 200905974.593.75$221
Oct 200918223272.544.11$14,156
Sep 2009026565.543.06$812
Aug 200917830367.423.22$12,976
Jul 2009025761.133.46$890
Jun 200917920166.163.90$12,626
May 2009025754.743.93$1,009
Apr 200917926546.773.59$9,323
Mar 2009030242.144.06$1,226
Feb 200917528532.814.63$7,062
Jan 200918535235.865.37$8,525
Dec 2008035937.105.98$2,146
Nov 200819036455.496.86$13,040
Oct 2008136275.246.92$2,581
Sep 2008182195101.767.88$20,056
Aug 20080326114.228.48$2,765
Jul 2008191348131.0811.39$29,000
Jun 2008366543131.3313.03$55,144
May 200800123.1711.57$0
Apr 200809110.3110.45$94
Mar 20080240101.909.66$2,319
Feb 2008037392.538.77$3,271
Jan 200818436490.388.21$19,617
Dec 200718043988.337.30$19,105
Nov 2007044291.677.29$3,223
Oct 200717844782.856.92$17,841
Sep 200718446975.846.24$16,883
Aug 2007038369.066.39$2,447
Jul 200718347870.906.39$16,028
Jun 200718047362.007.55$14,730
May 2007048858.747.85$3,829
Apr 200717624759.617.81$12,419
Mar 2007054356.927.30$3,965
Feb 200718349155.108.22$14,117
Jan 200718156450.306.73$12,898
Dec 200618261556.656.92$14,565
Nov 2006067254.207.62$5,119
Oct 200617991254.906.01$15,312
Sep 20061721,05260.085.04$15,633
Aug 20061801,13568.717.34$20,699
Jul 20061761,24869.376.34$20,125
Jun 20063661,36666.286.38$32,979
May 2006230566.016.42$2,092
Apr 200616747364.397.36$14,235
Mar 200611,37556.707.08$9,796
Feb 20061831,35757.597.75$21,057
Jan 20063611,57660.598.93$35,952
Dec 20053671,60454.9413.42$41,681
Nov 20051851,71854.6910.59$28,309
Oct 20055531,97358.3413.80$59,481
Sep 20051732,36061.4512.08$39,137
Aug 20051822,70661.519.80$37,705
Jul 20053663,77955.697.84$50,024
Jun 20053585,03852.337.38$55,920
May 20051813,84545.226.65$33,759
Apr 200518880249.207.36$15,153
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050243.166.32$13
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004136049.706.52$6,759
Sep 20040043.245.28$0
Aug 2004178442.375.55$7,564
Jul 2004018638.286.08$1,132
Jun 200417730136.106.43$8,326
May 2004013037.486.49$844
Apr 2004036034.475.86$2,109
Mar 200418036834.365.53$8,220
Feb 200417937532.455.51$7,875
Jan 2004040132.036.30$2,526
Dec 200317540830.266.30$7,867
Nov 200317941128.804.60$7,044
Oct 2003145128.174.76$2,175
Sep 200319349126.314.75$7,410
Aug 200319049429.765.13$8,188
Jul 2003150729.415.17$2,651
Jun 200319251128.565.98$8,541
May 200319447926.595.97$8,019
Apr 200318850726.675.41$7,755
Mar 200319550731.146.10$9,163
Feb 200319736633.487.93$9,496
Jan 2003030130.315.58$1,680
Dec 200219238926.914.85$7,055
Nov 200218833124.664.14$6,005
Oct 2002190426.464.23$5,044
Sep 200213827.443.64$166
Aug 200219233125.963.16$6,032
Jul 200218948824.583.06$6,140
Jun 2002047623.733.34$1,589
May 200238142424.663.58$10,915
Apr 2002145523.653.51$1,622
Mar 200219244322.003.10$5,599
Feb 2002036118.222.38$858
Jan 200217544617.172.38$4,064
Dec 200118846816.932.36$4,289
Nov 200118148418.072.41$4,435
Oct 200119253619.782.53$5,153
Sep 200119053724.262.25$5,818
Aug 2001059224.873.05$1,807
Jul 200118858823.933.20$6,379
Jun 200119456524.563.82$6,925
May 200119561825.524.31$7,638
Apr 200118949624.685.34$7,311
Mar 200118946224.545.38$7,122
Feb 200119241527.755.77$7,721
Jan 2001343027.478.40$3,694
Dec 200019145726.889.12$9,303
Nov 200019644732.215.66$8,842
Oct 200018748931.235.15$8,356
Sep 200018951631.875.19$8,700
Aug 200018853829.644.54$8,015
Jul 200018753428.534.09$7,519
Jun 2000051629.304.40$2,269
May 200018640327.263.68$6,553
Apr 200017834924.513.12$5,450
Mar 200019135028.422.86$6,429
Feb 200018850427.622.73$6,567
Jan 200018135925.272.48$5,464
Dec 199918844524.282.42$5,643
Nov 199918750623.192.43$5,568
Oct 199918755920.982.80$5,491
Sep 199918654521.752.62$5,473
Aug 199918156019.262.88$5,096
Jul 199919056717.892.37$4,744
Jun 199918757015.942.36$4,327
May 199918358615.792.32$4,250
Apr 199918963815.102.21$4,263
Mar 199918262012.471.84$3,409
Feb 19991844549.981.82$2,662
Jan 199916561910.381.90$2,889
Dec 19981835519.201.77$2,661
Nov 199818258010.892.19$3,250
Oct 199853959412.421.97$7,864
Sep 19981248912.592.08$1,169
Aug 19982079211.301.91$2,515
Jul 199819515911.742.24$2,645
Jun 199819334411.242.24$2,939
May 199819246912.622.21$3,458
Apr 199819542413.042.51$3,605
Mar 199838732912.802.31$5,713
Feb 199817639713.952.30$3,368
Jan 199819746214.702.15$3,891
Dec 199737145516.322.41$7,152
Nov 199719446418.193.09$4,962
Oct 199737351719.253.15$8,809
Sep 199737255517.742.95$8,239
Aug 199719258017.862.55$4,911
Jul 199738162317.582.25$8,098
Jun 199738556617.242.26$7,915
May 199719961018.972.31$5,183
Apr 199739951717.882.08$8,211
Mar 199739551818.951.94$8,490
Feb 199757056020.492.21$12,915
Jan 19971028323.483.54$1,237
Dec 199640950723.32$9,538
Nov 199640157221.97$8,810
Oct 199638863023.31$9,044
Sep 199643163422.22$9,577
Aug 199638971320.26$7,881
Jul 199639278919.55$7,664
Jun 199640682618.73$7,604
May 199640485019.43$7,850
Apr 199640080121.51$8,604
Mar 199657783719.38$11,182
Feb 199640771716.98$6,911
Jan 199640781217.07$6,947
Dec 199544792417.19$7,684
Nov 199561196516.00$9,776
Oct 19953921,07015.43$6,049
Sep 19955761,26016.18$9,320
Aug 199539794315.92$6,320
Jul 19953921,24515.24$5,974
Jun 19955931,25916.41$9,731
May 19955761,30117.56$10,115
Apr 19955951,42917.73$10,549
Mar 19957921,50916.44$13,020
Feb 19955771,65516.58$9,567
Jan 199578896115.92$12,545
Dec 19945881,38815.03$8,838
Nov 19945911,76515.90$9,397
Oct 19947681,53715.58$11,965
Sep 19949571,97315.29$14,633
Aug 19947542,08016.13$12,162
Jul 19949302,06917.56$16,331
Jun 19941,0842,06917.09$18,526
May 19941,2372,33815.88$19,644
Apr 19941,0711,75514.14$15,144
Mar 19941,0691,61512.46$13,320
Feb 19941,2511,77012.50$15,638
Jan 19949011,79812.66$11,407
Dec 19931,4371,97712.33$17,718
Nov 19931,26185214.49$18,272
Oct 19931,79491115.85$28,435
Sep 19931,06984915.03$16,067
Aug 19931,5991,09315.66$25,040
Jul 19931,59086015.46$24,581
Jun 19931,82678916.79$30,659
May 19931,78980217.68$31,630
Apr 19932,20862418.05$39,854
Mar 19932,24567018.14$40,724
Feb 19931,9801,32117.90$35,442
Jan 19932,7891,86416.93$47,218

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                    0 bbl  × $106.41 =         $0
Casinghead gas       127 Mcf  × $  3.05 =       $387

────────────────────────────────────────────────────
Month total                                     $387

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/21501 is the state's own key, not one this site invented.