M & B OIL UNIT

Operated by PROGENIES OPERATING LLC (P-5 681161) 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 21553District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$3.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
OilDisposition114,866 bbl$2,666,306
Casinghead gasProduction575,295 Mcf$1,080,100
Total$3,746,406

315,440 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 29.9538, -96.9293. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.95383, -96.92929 · 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
9,837 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 9,837 ft.

Completions filed
Mar 1992
1 of 1 wells

1 well

42-1493257419,837 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 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 20250062.743.08$0
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 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201518536232.362.00$6,711
Nov 2015044738.792.17$969
Oct 2015045343.552.43$1,099
Sep 201517845142.992.76$8,896
Aug 2015048840.162.87$1,402
Jul 2015051548.152.95$1,517
Jun 201519149756.152.88$12,157
May 2015037155.212.96$1,096
Apr 2015037749.822.71$1,020
Mar 201517250342.892.93$8,853
Feb 201519038544.662.98$9,631
Jan 2015025343.433.10$784
Dec 2014043954.693.59$1,577
Nov 2014045270.464.25$1,922
Oct 201418851078.303.90$16,710
Sep 2014049086.164.05$1,982
Aug 201418256089.394.04$18,529
Jul 2014053796.564.18$2,244
Jun 2014043498.164.74$2,056
May 201417350994.734.73$18,794
Apr 2014054295.944.81$2,607
Mar 2014051895.895.06$2,619
Feb 201415840297.406.19$17,878
Jan 2014051590.404.86$2,503
Dec 201317352591.824.35$18,171
Nov 2013058488.853.74$2,183
Oct 201318268297.423.78$20,308
Sep 20131801,136104.113.72$22,963
Aug 2013036104.253.52$127
Jul 20130103102.523.72$383
Jun 2013079294.403.93$3,115
May 20131671194.834.15$15,882
Apr 20130593.964.28$21
Mar 201301,03693.623.91$4,054
Feb 201302591.233.42$86
Jan 201316838591.603.42$16,705
Dec 2012057786.773.42$1,973
Nov 201217879086.953.62$18,341
Oct 2012057589.383.40$1,955
Sep 201217956194.672.92$18,583
Aug 2012064092.662.91$1,861
Jul 2012050985.133.02$1,538
Jun 201218261479.822.52$16,074
May 2012052291.612.49$1,299
Apr 2012163526101.652.00$17,619
Mar 20120654105.052.22$1,453
Feb 2012170470101.102.57$18,395
Jan 2012057398.092.73$1,567
Dec 201117261396.873.24$18,648
Nov 2011063095.723.31$2,086
Oct 201117970684.983.65$17,787
Sep 2011059283.623.99$2,360
Aug 201119380583.404.15$19,436
Jul 201101,19694.144.52$5,403
Jun 201106892.904.64$316
May 201101298.134.40$53
Apr 201110772105.964.33$11,650
Mar 2011058696.364.06$2,378
Feb 201118351485.644.18$17,821
Jan 2011065786.504.59$3,015
Dec 2010186085.734.35$15,946
Nov 2010058180.843.80$2,205
Oct 201016173278.103.51$15,143
Sep 2010048772.633.98$1,938
Aug 201016152173.684.42$14,165
Jul 2010048872.554.74$2,311
Jun 201016758470.364.91$14,618
May 201018353571.124.24$15,281
Apr 2010083181.694.12$3,426
Mar 2010079178.394.39$3,471
Feb 201019364773.585.44$17,722
Jan 201018078974.365.96$18,090
Dec 2009058471.445.48$3,203
Nov 200916756174.593.75$14,561
Oct 2009058672.544.11$2,409
Sep 200917771865.543.06$13,801
Aug 200905767.423.22$183
Jul 200917160061.133.46$12,532
Jun 2009060666.163.90$2,360
May 200918165554.743.93$12,479
Apr 200910961646.773.59$7,308
Mar 2009057042.144.06$2,314
Feb 200915757832.814.63$7,829
Jan 2009063135.865.37$3,389
Dec 200817437837.105.98$8,715
Nov 2008028255.496.86$1,935
Oct 200814956275.246.92$15,101
Sep 20080426101.767.88$3,356
Aug 2008182697114.228.48$26,701
Jul 20080592131.0811.39$6,743
Jun 2008182517131.3313.03$30,640
May 20080702123.1711.57$8,125
Apr 2008172722110.3110.45$26,522
Mar 20080879101.909.66$8,495
Feb 200815472292.538.77$20,582
Jan 20081901,32890.388.21$28,069
Dec 20070188.337.30$7
Nov 20070391.677.29$22
Oct 200718710582.856.92$16,220
Sep 2007073375.846.24$4,577
Aug 200717259269.066.39$15,660
Jul 2007074770.906.39$4,772
Jun 200717773062.007.55$16,484
May 2007065558.747.85$5,139
Apr 200719483959.617.81$18,113
Mar 200718282956.927.30$16,413
Feb 2007074155.108.22$6,088
Jan 200716069150.306.73$12,696
Dec 200614879056.656.92$13,850
Nov 200611483254.207.62$12,517
Oct 200610661954.906.01$9,542
Sep 20069474760.085.04$9,410
Aug 200618281568.717.34$18,487
Jul 2006080069.376.34$5,074
Jun 200615355566.286.38$13,684
May 2006053866.016.42$3,457
Apr 200614283464.397.36$15,282
Mar 200616271556.707.08$14,250
Feb 200614268257.597.75$13,464
Jan 200619685060.598.93$19,469
Dec 200504,44554.9413.42$59,631
Nov 200519949754.6910.59$16,146
Oct 2005080958.3413.80$11,161
Sep 2005059061.4512.08$7,127
Aug 200515995361.519.80$19,116
Jul 200517486455.697.84$16,467
Jun 2005081852.337.38$6,038
May 200517287445.226.65$13,591
Apr 200517494349.207.36$15,502
Mar 200518790550.377.15$15,894
Feb 2005087845.226.31$5,542
Jan 200518590043.166.32$13,675
Dec 200417991839.866.75$13,332
Nov 2004091045.286.33$5,761
Oct 200417391249.706.52$14,540
Sep 200418798743.245.28$13,301
Aug 20041831,12342.375.55$13,987
Jul 200401,04138.286.08$6,334
Jun 200417389336.106.43$11,990
May 200417892737.486.49$12,692
Apr 200417091834.475.86$11,238
Mar 20041931,09534.365.53$12,687
Feb 200401,11732.455.51$6,154
Jan 20043651,23932.036.30$19,496
Dec 200301,37030.266.30$8,633
Nov 20031801,03228.804.60$9,926
Oct 200316898228.174.76$9,407
Sep 200319077326.314.75$8,670
Aug 200319491929.765.13$10,488
Jul 2003090029.415.17$4,654
Jun 200318096328.565.98$10,902
May 20031661,07226.595.97$10,817
Apr 200317188326.675.41$9,335
Mar 20031731,07031.146.10$11,910
Feb 20031731,04833.487.93$14,098
Jan 20031811,02130.315.58$11,185
Dec 200218495426.914.85$9,582
Nov 20021621,00024.664.14$8,132
Oct 20021821,25026.464.23$10,102
Sep 20021631,24027.443.64$8,980
Aug 2002076125.963.16$2,408
Jul 200232883924.583.06$10,631
Jun 20021801,15423.733.34$8,124
May 20021841,19324.663.58$8,813
Apr 20021641,17823.653.51$8,016
Mar 20021821,50122.003.10$8,661
Feb 20021771,13718.222.38$5,926
Jan 20023581,26517.172.38$9,152
Dec 20011801,45816.932.36$6,495
Nov 20011581,22218.072.41$5,795
Oct 20011811,08819.782.53$6,332
Sep 20011761,56924.262.25$7,802
Aug 20013491,60524.873.05$13,580
Jul 20011821,36623.933.20$8,722
Jun 20011811,45624.563.82$10,013
May 20013381,46525.524.31$14,936
Apr 20011701,35924.685.34$11,446
Mar 20011791,66624.545.38$13,350
Feb 20013471,69027.755.77$19,376
Jan 20013651,91827.478.40$26,135
Dec 20001851,98326.889.12$23,063
Nov 20003601,92532.215.66$22,487
Oct 2000056731.235.15$2,918
Sep 20001741,89131.875.19$15,353
Aug 20003421,83829.644.54$18,483
Jul 20003651,65528.534.09$17,182
Jun 200018179229.304.40$8,786
May 20001821,67327.263.68$11,118
Apr 20003432,30724.513.12$15,596
Mar 20003562,49828.422.86$17,261
Feb 20003692,40227.622.73$16,741
Jan 20001952,00325.272.48$9,896
Dec 19993922,15824.282.42$14,748
Nov 19993711,82423.192.43$13,043
Oct 19991971,25520.982.80$7,652
Sep 19991982,27021.752.62$10,251
Aug 19993692,27319.262.88$13,643
Jul 19993262,42717.892.37$11,590
Jun 19993982,66515.942.36$12,639
May 19993812,82415.792.32$12,571
Apr 19995612,79015.102.21$14,632
Mar 19993682,68212.471.84$9,519
Feb 19993781,7589.981.82$6,968
Jan 19995982,53710.381.90$11,027
Dec 19983943,1989.201.77$9,296
Nov 19985782,33410.892.19$11,396
Oct 19983693,13212.421.97$10,751
Sep 19981971,21912.592.08$5,019
Aug 19983712,70811.301.91$9,357
Jul 19983772,74211.742.24$10,561
Jun 19985803,52711.242.24$14,410
May 19983853,50212.622.21$12,585
Apr 19985902,54213.042.51$14,062
Mar 19983832,44712.802.31$10,554
Feb 19985502,15113.952.30$12,618
Jan 19985803,20414.702.15$15,430
Dec 19975963,87816.322.41$19,077
Nov 19973723,68818.193.09$18,156
Oct 19975713,09519.253.15$20,740
Sep 19975743,33717.742.95$20,043
Aug 19975592,96817.862.55$17,566
Jul 19977403,51017.582.25$20,896
Jun 19975563,84017.242.26$18,253
May 19975234,13818.972.31$19,474
Apr 19977503,45717.882.08$20,610
Mar 19977444,42418.951.94$22,678
Feb 19975653,18020.492.21$18,592
Jan 19978002,92423.483.54$29,134
Dec 19965752,61523.32$13,409
Nov 19967353,92321.97$16,148
Oct 19969624,08823.31$22,424
Sep 19965784,17522.22$12,843
Aug 19967483,83920.26$15,154
Jul 19967593,88919.55$14,838
Jun 19969444,88018.73$17,681
May 19967555,03919.43$14,670
Apr 19967794,25021.51$16,756
Mar 19965571,94319.38$10,795
Feb 19967824,71716.98$13,278
Jan 19969844,82717.07$16,797
Dec 19959434,00517.19$16,210
Nov 19957424,10716.00$11,872
Oct 19957535,44915.43$11,619
Sep 19959035,14516.18$14,611
Aug 19959434,97015.92$15,013
Jul 19959443,90615.24$14,387
Jun 19953883,24516.41$6,367
May 19951,1697,89117.56$20,528
Apr 19951,1418,15617.73$20,230
Mar 19951,3639,01716.44$22,408
Feb 19951,5338,57716.58$25,417
Jan 19951,7207,82415.92$27,382
Dec 19947333,28615.03$11,017
Nov 19941,3474,82415.90$21,417
Oct 19941,1444,35115.58$17,824
Sep 19949373,76515.29$14,327
Aug 19941,1134,83316.13$17,953
Jul 19941,2995,17617.56$22,810
Jun 19941,4015,53617.09$23,943
May 19948604,57815.88$13,657
Apr 19941,7707,38914.14$25,028
Mar 19942,6637,70012.46$33,181
Feb 19941,2656,45012.50$15,813
Jan 19941,4927,45112.66$18,889
Dec 19931,2997,45312.33$16,017
Nov 19931,8587,26014.49$26,922
Oct 19932,1797,93215.85$34,537
Sep 19932,5228,58515.03$37,906
Aug 19932,90310,58215.66$45,461
Jul 19933,26910,81915.46$50,539
Jun 19933,11511,20716.79$52,301
May 19933,67514,29817.68$64,974
Apr 19932,95510,94418.05$53,338
Mar 19933,89511,92418.14$70,655
Feb 19933,85812,11917.90$69,058
Jan 19935,32416,50116.93$90,135

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.

Dec 2015 — as filed, then multipliedworked
Oil                  185 bbl  × $ 32.36 =     $5,987
Casinghead gas       362 Mcf  × $  2.00 =       $725

────────────────────────────────────────────────────
Month total                                   $6,711

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/21553 is the state's own key, not one this site invented.