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PAUL-LEHDE 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 21516District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$22.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$548 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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
OilDisposition471,385 bbl$16,911,987
Casinghead gasProduction1,776,951 Mcf$5,763,445
Total$22,675,432

444,735 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 (4)

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 30.5203, -96.6181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

30.52106, -96.61853 · 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
50.0%
2 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
8,409 ft
4 wells filed one
Completion to plug
24.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
250.0%

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

Between 8,391 and 12,586 ft, median 8,409 ft, over the 4 wells that filed a depth.

Completions filed
Feb 1984 – Jan 1994
4 of 4 wells
Plug dates filed
Jul 2011
2 of 4 wells; 2 filed none

Last completion to plug: a median of 24.4 years across the 2 wells that filed both dates, with the middle half between 23.5 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-05133315112,586 ftJan 1994——
42-0513284738,394 ftJan 1989Jul 2011Yes
42-0513280728,423 ftMar 1985Jul 2011Yes
42-0513261548,391 ftFeb 1984——

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 20265181,982106.413.05$61,157
Apr 20265181,95698.932.87$56,859
Mar 20266901,98489.753.15$68,176
Feb 20265461,76763.503.75$41,298
Jan 20265091,99059.138.00$46,013
Dec 20255351,89856.664.41$38,690
Nov 20257131,89958.593.93$49,231
Oct 20251641,21059.383.30$13,737
Sep 20255131,68762.743.08$37,376
Aug 20255182,02163.933.01$39,209
Jul 20257162,09266.743.32$54,721
Jun 20255282,01066.483.13$41,390
May 20255392,10760.553.23$39,447
Apr 20255442,12262.363.54$41,442
Mar 20257182,15167.704.27$57,790
Feb 20255071,89270.884.34$44,149
Jan 20255402,07874.324.28$49,024
Dec 20245682,06568.993.12$45,632
Nov 20247382,11469.052.20$55,606
Oct 20247172,23371.372.28$56,267
Sep 20243522,10769.612.36$29,484
Aug 20245501,93675.632.06$45,592
Jul 20247092,21479.932.15$61,423
Jun 20245722,24578.082.63$50,575
May 20245642,26878.812.20$49,435
Apr 20245392,20384.451.66$49,174
Mar 20245482,17880.301.55$47,370
Feb 20247352,19476.091.78$59,839
Jan 20245602,25073.023.30$48,311
Dec 20237222,27571.262.61$57,389
Nov 20235222,21577.892.81$46,877
Oct 20235482,31085.443.09$53,953
Sep 20236922,29789.042.74$67,898
Aug 20237062,42480.522.67$63,326
Jul 20230074.852.64$0
Jun 20237232,31668.962.26$55,089
May 20236912,51670.622.23$54,403
Apr 20235582,41778.122.24$49,000
Mar 20236962,46072.852.39$56,591
Feb 20235352,12175.112.47$45,414
Jan 20236942,34476.533.39$61,053
Dec 20225562,25776.415.73$55,414
Nov 20227052,24885.005.65$72,618
Oct 20227592,49087.185.86$80,770
Sep 20225072,29184.888.16$61,737
Aug 20227342,64694.529.13$93,528
Jul 20227262,717101.587.54$94,239
Jun 20225002,585115.097.98$78,166
May 20225522,735109.378.43$83,437
Apr 20227292,534104.226.84$93,303
Mar 20227622,383108.885.08$95,064
Feb 20227602,28891.054.86$80,315
Jan 20225682,32481.844.54$57,031
Dec 20217592,48671.323.90$63,825
Nov 20217502,53077.435.24$71,322
Oct 20217212,72079.795.71$73,070
Sep 20217312,79069.865.35$65,997
Aug 20217552,83566.024.22$61,810
Jul 20215592,69970.783.98$50,314
Jun 20217372,85669.493.38$60,869
May 20217182,91563.483.02$54,375
Apr 20215692,73460.362.76$41,886
Mar 20217332,74261.302.72$52,383
Feb 20215302,22657.805.55$42,984
Jan 20217542,73950.412.81$45,706
Dec 20207372,87044.642.68$40,578
Nov 20205562,68938.772.71$28,834
Oct 20207112,90736.972.48$33,490
Sep 20205282,78737.091.99$25,133
Aug 20207122,91239.982.39$35,411
Jul 20207212,83338.371.83$32,835
Jun 20205482,75334.901.69$23,779
May 20207192,71816.921.81$17,098
Apr 2020592,47714.751.80$5,340
Mar 20205522,92030.341.86$22,168
Feb 20205652,75249.881.98$33,633
Jan 20205082,49757.252.09$34,314
Dec 20195192,09759.012.30$35,458
Nov 20196992,35855.302.75$45,141
Oct 20195412,51553.472.42$35,010
Sep 20195422,53955.052.66$36,584
Aug 20194962,26353.112.30$31,557
Jul 20195252,33556.272.46$35,286
Jun 20195422,65952.782.49$35,231
May 20195462,63358.482.74$39,145
Apr 20195552,51662.632.75$41,680
Mar 20195392,59056.803.06$38,546
Feb 20193722,41050.852.79$25,645
Jan 20195532,23246.033.23$32,660
Dec 20183542,40846.594.19$26,571
Nov 20185502,54652.934.24$39,900
Oct 20185212,85961.443.40$41,725
Sep 20187452,73559.543.11$52,858
Aug 20185742,84959.403.07$42,832
Jul 20185492,77065.142.93$43,883
Jun 20183742,68160.183.08$30,757
May 20185342,51865.382.90$42,217
Apr 20183812,60663.842.90$31,883
Mar 20185712,69661.222.79$42,470
Feb 20185572,36061.782.77$40,940
Jan 20185642,35762.874.01$44,909
Dec 20175502,61957.272.92$39,150
Nov 20175582,50655.423.12$38,739
Oct 20175642,65149.292.98$35,709
Sep 20175562,69447.523.09$34,738
Aug 20173732,78745.373.00$25,296
Jul 20175602,88743.873.09$33,480
Jun 20173752,74542.493.09$24,408
May 20175422,92645.373.26$34,139
Apr 20175412,70747.933.21$34,624
Mar 20177252,95946.772.98$42,737
Feb 20173652,57150.452.95$26,005
Jan 20175462,67049.413.42$36,106
Dec 20167332,95748.763.72$46,749
Nov 20165552,67142.492.64$30,645
Oct 20165612,90946.193.09$34,902
Sep 20165562,82441.553.10$31,858
Aug 20163642,76141.442.92$23,158
Jul 20165493,01741.622.92$31,672
Jun 20167243,06045.352.69$41,052
May 20165503,01342.521.99$29,385
Apr 20165532,90036.561.99$25,992
Mar 20165562,85533.011.79$23,475
Feb 20167402,74826.472.06$25,259
Jan 20165542,28527.352.36$20,554
Dec 20155502,63332.362.00$23,068
Nov 20155762,83638.792.17$28,490
Oct 20155583,01543.552.43$31,617
Sep 20155612,83442.992.76$31,935
Aug 20153782,82340.162.87$23,290
Jul 20155642,96448.152.95$35,886
Jun 20155482,56456.152.88$38,162
May 20151812,82455.212.96$18,339
Apr 20153592,88549.822.71$25,694
Mar 20153763,03142.892.93$25,022
Feb 20151812,52844.662.98$15,607
Jan 20153693,13943.433.10$25,759
Dec 20143663,13954.693.59$31,290
Nov 20145662,96570.464.25$52,487
Oct 20143683,10178.303.90$40,911
Sep 20143743,09486.164.05$44,740
Aug 20143753,30789.394.04$46,865
Jul 20143463,37996.564.18$47,533
Jun 20145533,27898.164.74$69,810
May 20143793,27294.734.73$51,368
Apr 20145633,23695.944.81$69,577
Mar 20143733,09195.895.06$51,398
Feb 20141982,82397.406.19$36,765
Jan 20143423,32690.404.86$47,084
Dec 20135753,31491.824.35$67,227
Nov 20133783,14988.853.74$45,357
Oct 20135333,36697.423.78$64,646
Sep 20135483,347104.113.72$69,496
Aug 20135553,508104.253.52$70,216
Jul 20131832,744102.523.72$28,963
Jun 20133643,12994.403.93$46,669
May 201354643494.834.15$53,578
Apr 20135553,46993.964.28$67,004
Mar 20135703,53493.623.91$67,191
Feb 20135443,16191.233.42$60,439
Jan 20135503,40591.603.42$62,025
Dec 20125523,43786.773.42$59,652
Nov 20125583,38086.953.62$60,770
Oct 20125443,60589.383.40$60,879
Sep 20125583,57894.672.92$63,268
Aug 20125603,92992.662.91$63,316
Jul 20127553,78685.133.02$75,710
Jun 20123693,72379.822.52$38,832
May 20125613,78691.612.49$60,814
Apr 20125413,632101.652.00$62,245
Mar 20127383,682105.052.22$85,709
Feb 20125603,381101.102.57$65,306
Jan 20125773,63298.092.73$66,528
Dec 20115743,52896.873.24$67,033
Nov 20115523,81195.723.31$65,457
Oct 20117384,04884.983.65$77,485
Sep 20115733,87683.623.99$63,363
Aug 20115624,04883.404.15$63,667
Jul 20117064,20794.144.52$85,467
Jun 20115384,02992.904.64$68,674
May 20117464,01198.134.40$90,873
Apr 20115463,824105.964.33$74,425
Mar 20117343,92796.364.06$86,661
Feb 20117503,47185.644.18$78,739
Jan 20117494,06086.504.59$83,419
Dec 20103733,23285.734.35$46,029
Nov 20105492,80880.843.80$55,038
Oct 20105663,97778.103.51$58,159
Sep 20105614,06972.633.98$56,938
Aug 20105624,26673.684.42$60,261
Jul 20105584,25172.554.74$60,618
Jun 20105594,17070.364.91$59,808
May 20105714,46471.124.24$59,516
Apr 20105554,19681.694.12$62,637
Mar 20107464,34478.394.39$77,543
Feb 20105723,77973.585.44$62,654
Jan 20105514,21174.365.96$66,087
Dec 20097324,13771.445.48$74,980
Nov 20095464,26074.593.75$56,708
Oct 20097474,46272.544.11$72,527
Sep 20097294,40665.543.06$61,282
Aug 20095404,54767.423.22$51,041
Jul 20097114,63061.133.46$59,504
Jun 20095554,44966.163.90$54,048
May 20097144,66054.743.93$57,378
Apr 20097194,60046.773.59$50,130
Mar 20099174,78142.144.06$58,048
Feb 20095684,07032.814.63$37,492
Jan 20097644,67335.865.37$52,496
Dec 20089444,60037.105.98$62,517
Nov 20087774,18855.496.86$71,847
Oct 20087724,26675.246.92$87,614
Sep 20087594,570101.767.88$113,234
Aug 20089294,615114.228.48$145,260
Jul 20087615,017131.0811.39$156,893
Jun 20087634,587131.3313.03$159,985
May 20089694,550123.1711.57$172,015
Apr 20081,1474,328110.3110.45$171,774
Mar 20087664,674101.909.66$123,225
Feb 20087694,30692.538.77$108,922
Jan 20081,1644,37990.388.21$141,135
Dec 20077714,37488.337.30$100,041
Nov 20077714,01491.677.29$99,946
Oct 20077594,31982.856.92$92,779
Sep 20077574,24775.846.24$83,930
Aug 20077593,77869.066.39$76,550
Jul 20077533,98970.906.39$78,869
Jun 20077653,87262.007.55$76,658
May 20077633,67958.747.85$73,685
Apr 20073821,98159.617.81$38,233
Mar 20079533,02056.927.30$76,297
Feb 20071,1523,11955.108.22$89,101
Jan 20073833,16950.306.73$40,582
Dec 20067663,66656.656.92$68,757
Nov 20067643,96554.207.62$71,612
Oct 20067703,80454.906.01$65,150
Sep 20067503,47660.085.04$62,569
Aug 20063793,29568.717.34$50,226
Jul 20063773,56069.376.34$48,733
Jun 20067583,74866.286.38$74,167
May 20067603,99366.016.42$75,823
Apr 20067563,71364.397.36$76,008
Mar 20067644,07356.707.08$72,168
Feb 20067583,66457.597.75$72,053
Jan 20067684,16960.598.93$83,776
Dec 20057725,08254.9413.42$110,591
Nov 20057675,03754.6910.59$95,281
Oct 20057705,18058.3413.80$116,384
Sep 20059455,13561.4512.08$120,096
Aug 20059424,98761.519.80$106,799
Jul 20057605,09055.697.84$82,249
Jun 20057644,98952.337.38$76,804
May 20057534,99845.226.65$67,293
Apr 20059495,63049.207.36$88,130
Mar 20059524,79750.377.15$82,274
Feb 20057673,85245.226.31$58,997
Jan 20057114,29643.166.32$57,847
Dec 20049594,31739.866.75$67,370
Nov 20041,1533,79045.286.33$76,200
Oct 20047633,48649.706.52$60,633
Sep 20047654,65343.245.28$57,665
Aug 20041,1314,90342.375.55$75,135
Jul 20047614,83538.286.08$58,548
Jun 20041,1414,75436.106.43$71,773
May 20047644,63037.486.49$58,705
Apr 20047604,65434.475.86$53,462
Mar 20041,1484,73434.365.53$65,625
Feb 20041,1434,56732.455.51$62,253
Jan 20041,1444,78232.036.30$66,767
Dec 20031,1034,94730.266.30$64,551
Nov 20031,1364,90328.804.60$55,247
Oct 20037634,96228.174.76$45,111
Sep 20031,1474,84426.314.75$53,183
Aug 20031,1375,02829.765.13$59,629
Jul 20031,1315,10929.415.17$59,681
Jun 20031,1215,35728.565.98$64,066
May 20031,1285,28526.595.97$61,559
Apr 20031,1275,18026.675.41$58,067
Mar 20031,1425,42231.146.10$68,615
Feb 20031,1464,69033.487.93$75,540
Jan 20031,1474,94230.315.58$62,352
Dec 20021,1445,64626.914.85$58,189
Nov 20021,1345,49724.664.14$50,705
Oct 20021,4665,52926.464.23$62,173
Sep 20021,1305,62127.443.64$51,441
Aug 20021,1244,56425.963.16$43,620
Jul 20021,4934,63724.583.06$50,895
Jun 20021,1185,00123.733.34$43,225
May 20021,4785,20924.663.58$55,117
Apr 20021,1204,96023.653.51$43,909
Mar 20021,4755,30622.003.10$48,913
Feb 20021,1154,76118.222.38$31,626
Jan 20021,5054,90417.172.38$37,491
Dec 20011,4854,81416.932.36$36,523
Nov 20011,1214,83218.072.41$31,880
Oct 20011,4965,26719.782.53$42,910
Sep 20011,4875,60024.262.25$48,682
Aug 20011,4835,37924.873.05$53,305
Jul 20011,4855,40923.933.20$52,829
Jun 20011,4704,57924.563.82$53,614
May 20011,4815,78825.524.31$62,726
Apr 20011,5036,11624.685.34$69,725
Mar 20011,5145,87824.545.38$68,756
Feb 20011,4944,99627.755.77$70,271
Jan 20012,2396,10827.478.40$112,805
Dec 20001,8715,52126.889.12$100,658
Nov 20001,5005,35432.215.66$78,608
Oct 20001,0994,33931.235.15$56,648
Sep 20007383,07031.875.19$39,443
Aug 20001,1053,63029.644.54$49,235
Jul 20001,8586,62728.534.09$80,112
Jun 20001,4735,74129.304.40$68,404
May 20001,4865,05327.263.68$59,102
Apr 20001,8564,38124.513.12$59,142
Mar 20001,4813,55628.422.86$52,259
Feb 200075266627.622.73$22,586
Jan 20001,1015,52625.272.48$41,530
Dec 19991,4906,65024.282.42$52,295
Nov 19991,5036,77123.192.43$51,335
Oct 19991,8607,13520.982.80$59,027
Sep 19991,1116,18421.752.62$40,359
Aug 19991,4636,54619.262.88$47,001
Jul 19991,4767,58717.892.37$44,405
Jun 19991,8527,67315.942.36$47,645
May 19991,8697,44215.792.32$46,785
Apr 19991,1206,68215.102.21$31,666
Mar 19991,5037,38112.471.84$32,311
Feb 19991,4926,5159.981.82$26,733
Jan 19991,8607,00610.381.90$32,618
Dec 19981,4816,8819.201.77$25,827
Nov 19981,8666,41910.892.19$34,351
Oct 19982,0257,14812.421.97$39,226
Sep 19981,4736,40712.592.08$31,888
Aug 19981,8327,20511.301.91$34,444
Jul 19981,8445,13711.742.24$33,141
Jun 19981,8775,88711.242.24$34,268
May 19981,8746,26712.622.21$37,477
Apr 19981,8695,95513.042.51$39,291
Mar 19981,8935,91412.802.31$37,888
Feb 19981,4935,54513.952.30$33,576
Jan 19981,8894,82314.702.15$38,161
Dec 19971,4854,61316.322.41$35,358
Nov 19971,4674,74718.193.09$41,345
Oct 19971,8936,36619.253.15$56,492
Sep 19971,4796,14017.742.95$44,380
Aug 19971,8677,01117.862.55$51,256
Jul 19971,8687,12717.582.25$48,853
Jun 19972,7227,59617.242.26$64,073
May 19972,7187,39018.972.31$68,620
Apr 19971,8155,20117.882.08$43,285
Mar 19972,5665,66718.951.94$59,615
Feb 19971,5863,82720.492.21$40,939
Jan 19971,8315,72523.483.54$63,257
Dec 19961,4687,37023.32—$34,234
Nov 19962,1797,53521.97—$47,873
Oct 19962,17210,98023.31—$50,629
Sep 19962,51010,40522.22—$55,772
Aug 19962,49810,40720.26—$50,609
Jul 19962,52510,25919.55—$49,364
Jun 19961,7737,84618.73—$33,208
May 19961,8198,32119.43—$35,343
Apr 19962,9149,98421.51—$62,680
Mar 19962,51410,53219.38—$48,721
Feb 19962,52510,10116.98—$42,875
Jan 19962,94313,93617.07—$50,237
Dec 19953,56111,12017.19—$61,214
Nov 19953,29513,18816.00—$52,720
Oct 19952,91513,28515.43—$44,978
Sep 19953,29713,20116.18—$53,345
Aug 19952,80813,91415.92—$44,703
Jul 19953,68110,73615.24—$56,098
Jun 19953,30311,16916.41—$54,202
May 19954,01816,16317.56—$70,556
Apr 19954,07113,58617.73—$72,179
Mar 19954,78213,35916.44—$78,616
Feb 19954,36713,73816.58—$72,405
Jan 19955,26212,85615.92—$83,771
Dec 19946,08915,23815.03—$91,518
Nov 19945,02812,09915.90—$79,945
Oct 19943,4237,92315.58—$53,330
Sep 19946,38912,85215.29—$97,688
Aug 19946,50312,06816.13—$104,893
Jul 19946,02912,05217.56—$105,869
Jun 19946,7484,07217.09—$115,323
May 19942,5113,87215.88—$39,875
Apr 19946,8278,52014.14—$96,534
Mar 19942,5313,61012.46—$31,536
Feb 19945453,06512.50—$6,813
Jan 19942,5383,92912.66—$32,131
Dec 19937231,13112.33—$8,915
Nov 19933,6615,18514.49—$53,048
Oct 19933,7535,39015.85—$59,485
Sep 19934,3132,61115.03—$64,824
Aug 19933,5871,63315.66—$56,172
Jul 19932,8815,01915.46—$44,540
Jun 19933,2786,09816.79—$55,038
May 19933,7576,14817.68—$66,424
Apr 19934,2726,68218.05—$77,110
Mar 19935,62510,22218.14—$102,038
Feb 19936,5309,47617.90—$116,887
Jan 19936,77311,84916.93—$114,667

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                  518 bbl  × $106.41 =    $55,120
Casinghead gas     1,982 Mcf  × $  3.05 =     $6,037

────────────────────────────────────────────────────
Month total                                  $61,157

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/21516 is the state's own key, not one this site invented.