PIERCE, VICTORIA

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 21585District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$6.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$45 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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition173,919 bbl$3,867,587
Casinghead gasProduction1,576,144 Mcf$2,571,319
Total$6,438,906

931,920 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 29.9499, -96.8785. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94987, -96.87851 · 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
13,781 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 13,781 ft.

Completions filed
Jun 1992
1 of 1 wells

1 well

42-149326041H13,781 ftJun 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 2026183106.413.05$359
Apr 20261789898.932.87$17,891
Mar 2026127289.753.15$946
Feb 2026035263.503.75$1,320
Jan 2026039259.138.00$3,135
Dec 2025034856.664.41$1,536
Nov 2025239858.593.93$1,680
Oct 2025242559.383.30$1,523
Sep 2025039262.743.08$1,206
Aug 202518042863.933.01$12,798
Jul 2025043566.743.32$1,442
Jun 2025043766.483.13$1,367
May 2025149960.553.23$1,673
Apr 2025150862.363.54$1,862
Mar 202518595967.704.27$16,618
Feb 2025029570.884.34$1,281
Jan 20250074.324.28$0
Dec 2024031968.993.12$996
Nov 2024039569.052.20$868
Oct 2024042471.372.28$967
Sep 2024140169.612.36$1,018
Aug 2024040675.632.06$838
Jul 202418324579.932.15$15,153
Jun 2024059778.082.63$1,572
May 2024039778.812.20$873
Apr 202406784.451.66$111
Mar 2024044080.301.55$680
Feb 2024042676.091.78$760
Jan 2024039373.023.30$1,296
Dec 2023148271.262.61$1,330
Nov 202318644177.892.81$15,726
Oct 2023046785.443.09$1,442
Sep 2023030689.042.74$837
Aug 2023044280.522.67$1,181
Jul 2023139274.852.64$1,110
Jun 2023143468.962.26$1,049
May 2023042570.622.23$947
Apr 2023042578.122.24$951
Mar 202319142672.852.39$14,934
Feb 2023037875.112.47$932
Jan 2023143376.533.39$1,543
Dec 2022045476.415.73$2,601
Nov 2022042385.005.65$2,388
Oct 2022144887.185.86$2,714
Sep 202218346484.888.16$19,321
Aug 2022032494.529.13$2,957
Jul 20220472101.587.54$3,560
Jun 20220435115.097.98$3,470
May 20220461109.378.43$3,888
Apr 20220465104.226.84$3,179
Mar 20220468108.885.08$2,376
Feb 202218945891.054.86$19,434
Jan 2022043481.844.54$1,969
Dec 2021046771.323.90$1,821
Nov 2021049677.435.24$2,597
Oct 2021048079.795.71$2,743
Sep 2021042869.865.35$2,290
Aug 202119047266.024.22$14,536
Jul 2021049270.783.98$1,959
Jun 2021050769.493.38$1,714
May 2021063763.483.02$1,922
Apr 2021024860.362.76$684
Mar 2021052461.302.72$1,424
Feb 202118340457.805.55$12,819
Jan 2021043050.412.81$1,208
Dec 2020044144.642.68$1,180
Nov 2020051738.772.71$1,399
Oct 2020051536.972.48$1,276
Sep 2020059137.091.99$1,177
Aug 202018047439.982.39$8,327
Jul 2020042138.371.83$768
Jun 2020049534.901.69$837
May 2020049916.921.81$906
Apr 2020047114.751.80$850
Mar 2020052130.341.86$967
Feb 202016651749.881.98$9,304
Jan 2020055957.252.09$1,171
Dec 2019065759.012.30$1,514
Nov 20191641,08655.302.75$12,056
Oct 2019025053.472.42$605
Sep 2019023455.052.66$622
Aug 2019043753.112.30$1,007
Jul 2019055856.272.46$1,373
Jun 2019054952.782.49$1,368
May 201915950258.482.74$10,674
Apr 2019066862.632.75$1,837
Mar 2019033056.803.06$1,010
Feb 2019048550.852.79$1,354
Jan 201918053146.033.23$10,000
Dec 2018053746.594.19$2,248
Nov 2018070552.934.24$2,987
Oct 2018035661.443.40$1,210
Sep 2018055859.543.11$1,734
Aug 201817362159.403.07$12,181
Jul 2018062765.142.93$1,838
Jun 2018058960.183.08$1,812
May 201817756765.382.90$13,217
Apr 2018061463.842.90$1,781
Mar 2018059061.222.79$1,644
Feb 2018056161.782.77$1,552
Jan 2018065062.874.01$2,606
Dec 201719860457.272.92$13,104
Nov 2017065155.423.12$2,030
Oct 2017061849.292.98$1,844
Sep 2017054947.523.09$1,695
Aug 2017050245.373.00$1,508
Jul 2017060843.873.09$1,877
Jun 201719062342.493.09$9,996
May 2017064045.373.26$2,089
Apr 2017063547.933.21$2,039
Mar 201717865946.772.98$10,291
Feb 2017059250.452.95$1,748
Jan 2017064049.413.42$2,188
Dec 2016066248.763.72$2,465
Nov 2016063942.492.64$1,690
Oct 201618867046.193.09$10,754
Sep 2016067141.553.10$2,081
Aug 2016066241.442.92$1,936
Jul 2016067241.622.92$1,965
Jun 201619262345.352.69$10,380
May 2016072542.521.99$1,444
Apr 2016061936.561.99$1,232
Mar 2016073833.011.79$1,324
Feb 2016057826.472.06$1,193
Jan 201618172027.352.36$6,653
Dec 2015083332.362.00$1,667
Nov 2015059738.792.17$1,294
Oct 2015069143.552.43$1,677
Sep 201518168042.992.76$9,657
Aug 2015069640.162.87$1,999
Jul 2015066848.152.95$1,967
Jun 201518568956.152.88$12,374
May 2015071655.212.96$2,116
Apr 2015071549.822.71$1,935
Mar 2015071942.892.93$2,110
Feb 2015067144.662.98$1,997
Jan 201518672243.433.10$10,317
Dec 2014074554.693.59$2,676
Nov 2014066770.464.25$2,836
Oct 201419074278.303.90$17,772
Sep 2014071886.164.05$2,905
Aug 2014082589.394.04$3,329
Jul 201418982496.564.18$21,694
Jun 2014071398.164.74$3,377
May 2014073594.734.73$3,474
Apr 2014067295.944.81$3,232
Mar 201419490695.895.06$23,184
Feb 2014059797.406.19$3,697
Jan 2014056990.404.86$2,766
Dec 2013086591.824.35$3,767
Nov 201318188788.853.74$19,398
Oct 2013085597.423.78$3,231
Sep 20130744104.113.72$2,766
Aug 2013179814104.253.52$21,528
Jul 20130881102.523.72$3,275
Jun 2013092194.403.93$3,623
May 20131901,08094.834.15$22,499
Apr 2013058193.964.28$2,488
Mar 2013083093.623.91$3,248
Feb 2013085691.233.42$2,927
Jan 201319194291.603.42$20,717
Dec 2012083486.773.42$2,852
Nov 2012086286.953.62$3,125
Oct 201217686289.383.40$18,661
Sep 2012090194.672.92$2,629
Aug 2012094092.662.91$2,734
Jul 2012086485.133.02$2,610
Jun 201219193979.822.52$17,611
May 2012096491.612.49$2,399
Apr 2012188870101.652.00$20,847
Mar 20120911105.052.22$2,024
Feb 20120930101.102.57$2,390
Jan 201218294398.092.73$20,431
Dec 201101,04696.873.24$3,389
Nov 2011096095.723.31$3,179
Oct 201118096384.983.65$18,810
Sep 2011097183.623.99$3,870
Aug 201101,02783.404.15$4,261
Jul 201118192994.144.52$21,236
Jun 201101,04092.904.64$4,825
May 201101,05698.134.40$4,651
Apr 2011193929105.964.33$24,476
Mar 201101,10896.364.06$4,496
Feb 201119298685.644.18$20,564
Jan 201101,02086.504.59$4,681
Dec 201001,10185.734.35$4,787
Nov 20101921,02580.843.80$19,411
Oct 201001,11278.103.51$3,902
Sep 20101931,02672.633.98$18,101
Aug 201001,13773.684.42$5,025
Jul 201001,15672.554.74$5,475
Jun 20101921,09070.364.91$18,861
May 201001,28371.124.24$5,434
Apr 2010085481.694.12$3,521
Mar 20101931,12778.394.39$20,075
Feb 2010098073.585.44$5,334
Jan 20101911,09674.365.96$20,739
Dec 200901,20771.445.48$6,619
Nov 200901,18974.593.75$4,461
Oct 20091911,18472.544.11$18,722
Sep 200901,18165.543.06$3,619
Aug 20091901,24867.423.22$16,826
Jul 200901,34861.133.46$4,670
Jun 200901,18266.163.90$4,604
May 20091941,28554.743.93$15,664
Apr 200901,18446.773.59$4,248
Mar 20091961,19142.144.06$13,094
Feb 200901,10132.814.63$5,101
Jan 20092001,32835.865.37$14,305
Dec 200801,19937.105.98$7,167
Nov 200801,29555.496.86$8,884
Oct 20081941,70175.246.92$26,371
Sep 200801,291101.767.88$10,169
Aug 20081931,430114.228.48$34,175
Jul 200801,397131.0811.39$15,911
Jun 20081941,343131.3313.03$42,981
May 200801,587123.1711.57$18,368
Apr 20081961,286110.3110.45$35,066
Mar 200801,237101.909.66$11,954
Feb 20081951,28292.538.77$29,287
Jan 200801,44890.388.21$11,882
Dec 20071961,46588.337.30$28,010
Nov 200701,37691.677.29$10,033
Oct 20071931,42282.856.92$25,833
Sep 200701,33675.846.24$8,342
Aug 20071911,21069.066.39$20,920
Jul 200711,42070.906.39$9,142
Jun 20071921,39362.007.55$22,419
May 200701,51058.747.85$11,848
Apr 20071971,48459.617.81$23,326
Mar 20071961,54056.927.30$22,401
Feb 200701,44555.108.22$11,872
Jan 20071871,55150.306.73$19,839
Dec 200611,56756.656.92$10,898
Nov 20061841,48354.207.62$21,270
Oct 20061911,64154.906.01$20,355
Sep 20061881,64860.085.04$19,596
Aug 200611,53268.717.34$11,313
Jul 200611,90569.376.34$12,152
Jun 20061852,10766.286.38$25,713
May 20061792,25966.016.42$26,330
Apr 20061741,95964.397.36$25,623
Mar 20061811,68956.707.08$22,226
Feb 200621,39857.597.75$10,951
Jan 20061771,73860.598.93$26,251
Dec 20051751,91654.9413.42$35,318
Nov 20051691,50554.6910.59$25,178
Oct 20051451,83658.3413.80$33,788
Sep 20051621,82461.4512.08$31,987
Aug 20051512,13161.519.80$30,165
Jul 20051852,23755.697.84$27,849
Jun 20051742,31352.337.38$26,178
May 20051862,28345.226.65$23,596
Apr 20051692,39049.207.36$25,906
Mar 20051822,56350.377.15$27,505
Feb 20053622,67545.226.31$33,254
Jan 20053593,19243.166.32$35,675
Dec 20043654,27939.866.75$43,437
Nov 20043193,38345.286.33$35,860
Oct 20043483,29749.706.52$38,776
Sep 20041832,72143.245.28$22,290
Aug 2004123642.375.55$1,352
Jul 200411,52738.286.08$9,329
Jun 20041531,44536.106.43$14,819
May 20041771,74837.486.49$17,986
Apr 20041392,38334.475.86$18,752
Mar 200401,94134.365.53$10,734
Feb 20042102,01732.455.51$17,927
Jan 20041841,85032.036.30$17,548
Dec 20031932,05730.266.30$18,803
Nov 20031782,17628.804.60$15,125
Oct 20031812,12928.174.76$15,232
Sep 20031782,48126.314.75$16,466
Aug 20031792,21929.765.13$16,710
Jul 20031802,32129.415.17$17,295
Jun 200312,29328.565.98$13,747
May 20031822,61526.595.97$20,458
Apr 20032152,39126.675.41$18,663
Mar 20031832,89331.146.10$23,334
Feb 20031812,25733.487.93$23,949
Jan 20033682,81730.315.58$26,879
Dec 20021802,79726.914.85$18,420
Nov 20023623,31124.664.14$22,624
Oct 20023573,69226.464.23$25,060
Sep 20025293,31427.443.64$26,563
Aug 20021791,66825.963.16$9,925
Jul 20021803,28924.583.06$14,495
Jun 20023603,61923.733.34$20,624
May 20023553,72924.663.58$22,119
Apr 20023593,85723.653.51$22,037
Mar 20023583,71922.003.10$19,415
Feb 20025413,83418.222.38$18,965
Jan 20021762,68017.172.38$9,389
Dec 20013653,63216.932.36$14,767
Nov 20013583,40318.072.41$14,655
Oct 20015324,19419.782.53$21,129
Sep 20013564,00024.262.25$17,642
Aug 20011773,11224.873.05$13,903
Jul 20013513,58123.933.20$19,848
Jun 20013634,06524.563.82$24,460
May 20015334,38525.524.31$32,490
Apr 20015364,02324.685.34$34,692
Mar 20017204,50924.545.38$41,911
Feb 200103,36627.755.77$19,412
Jan 20013543,70927.478.40$40,875
Dec 20003584,18626.889.12$47,810
Nov 20003564,19832.215.66$35,219
Oct 20005344,54331.235.15$40,053
Sep 20003524,03531.875.19$32,146
Aug 20003514,56329.644.54$31,123
Jul 20006944,56128.534.09$38,453
Jun 20003564,48029.304.40$30,130
May 20003574,23727.263.68$25,323
Apr 20005344,58424.513.12$27,372
Mar 20003644,75028.422.86$23,929
Feb 20003604,48027.622.73$22,158
Jan 20005434,82625.272.48$25,693
Dec 19997224,93624.282.42$29,494
Nov 19993544,25323.192.43$18,561
Oct 19991783,63820.982.80$13,934
Sep 19997195,09521.752.62$28,981
Aug 19993535,38819.262.88$22,293
Jul 19996965,55117.892.37$25,620
Jun 19991775,62515.942.36$16,108
May 19995355,80615.792.32$21,923
Apr 19997185,41415.102.21$22,796
Mar 19997085,68812.471.84$19,285
Feb 19991785,4229.981.82$11,633
Jan 19997316,21310.381.90$19,392
Dec 19987356,1769.201.77$17,714
Nov 19987317,54910.892.19$24,461
Oct 19985393,85212.421.97$14,280
Sep 19987126,40112.592.08$22,295
Aug 19985475,87911.301.91$17,394
Jul 19987337,25911.742.24$24,846
Jun 19985416,10511.242.24$19,739
May 19989037,13912.622.21$27,147
Apr 19981,0976,23113.042.51$29,916
Mar 19983857,55512.802.31$22,376
Feb 19987667,11013.952.30$27,033
Jan 19981,3409,05814.702.15$39,216
Dec 19971,16511,59716.322.41$46,974
Nov 19973583,17818.193.09$16,327
Oct 19975756,57419.253.15$31,776
Sep 19979816,28817.742.95$35,983
Aug 19975898,31217.862.55$31,755
Jul 19979568,41517.582.25$35,714
Jun 19977706,42517.242.26$27,777
May 19973915,86918.972.31$20,966
Apr 19971,1378,23117.882.08$37,473
Mar 19975675,88918.951.94$22,164
Feb 19977877,46820.492.21$32,599
Jan 19977827,59723.483.54$45,252
Dec 19961,3398,76523.32$31,225
Nov 19969637,42721.97$21,157
Oct 19961,1658,65223.31$27,156
Sep 19961,3269,53522.22$29,464
Aug 199692611,29420.26$18,761
Jul 19961,1088,43319.55$21,661
Jun 19963785,49218.73$7,080
May 19961,5079,95219.43$29,281
Apr 19961,1259,74821.51$24,199
Mar 19961,14210,41319.38$22,132
Feb 19961,49910,42716.98$25,453
Jan 19961,14010,58217.07$19,460
Dec 19951,13410,18017.19$19,493
Nov 19951,53211,12116.00$24,512
Oct 19951,12912,09415.43$17,420
Sep 19951,87312,51116.18$30,305
Aug 19951,13511,77615.92$18,069
Jul 19951,69213,61715.24$25,786
Jun 19951,50113,15816.41$24,631
May 19951,28911,76717.56$22,635
Apr 19951,72312,88017.73$30,549
Mar 19951,52212,17716.44$25,022
Feb 19951,89712,55216.58$31,452
Jan 19951,91114,27415.92$30,423
Dec 19941,90314,69615.03$28,602
Nov 19941,90314,82615.90$30,258
Oct 19942,27615,09915.58$35,460
Sep 19941,90215,34215.29$29,082
Aug 19941,88416,16116.13$30,389
Jul 19942,62816,27317.56$46,148
Jun 19942,04117,73517.09$34,881
May 19942,61519,23315.88$41,526
Apr 19942,26719,57814.14$32,055
Mar 19943,36621,22512.46$41,940
Feb 19942,43920,35112.50$30,488
Jan 19943,14423,60112.66$39,803
Dec 19933,44027,88612.33$42,415
Nov 19933,46027,65014.49$50,135
Oct 19933,80528,85815.85$60,309
Sep 19933,41228,56615.03$51,282
Aug 19934,55636,93515.66$71,347
Jul 19933,74534,30315.46$57,898
Jun 19934,84933,42616.79$81,415
May 19934,12839,27217.68$72,983
Apr 19935,23843,01518.05$94,546
Mar 19935,62148,43918.14$101,965
Feb 19935,90748,72317.90$105,735
Jan 19937,56261,90016.93$128,025

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        83 Mcf  × $  3.05 =       $253

────────────────────────────────────────────────────
Month total                                     $359

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/21585 is the state's own key, not one this site invented.