FREEMAN-SCHOTT 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 21637District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$6.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$123 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
OilDisposition236,844 bbl$4,963,719
Casinghead gasProduction738,674 Mcf$1,243,877
Total$6,207,597

452,451 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 30.0616, -96.8354. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.06159, -96.83536 · 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
13,265 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 13,265 ft.

Completions filed
Apr 1992
1 of 1 wells

1 well

42-14932588113,265 ftApr 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 2026187819106.413.05$22,393
Apr 202617868398.932.87$19,570
Mar 202618874889.753.15$19,229
Feb 20261843163.503.75$11,800
Jan 20263691259.138.00$21,915
Dec 202538027456.664.41$22,740
Nov 202507658.593.93$298
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025012963.933.01$389
Jul 20251066.743.32$67
Jun 2025732666.483.13$4,934
May 2025030060.553.23$970
Apr 202518434062.363.54$12,679
Mar 2025042667.704.27$1,818
Feb 202518329670.884.34$14,256
Jan 2025132974.324.28$1,482
Dec 2024036168.993.12$1,127
Nov 202417445869.052.20$13,022
Oct 2024063571.372.28$1,449
Sep 202417071369.612.36$13,519
Aug 202418780375.632.06$15,800
Jul 20241831,04579.932.15$16,870
Jun 202418091478.082.63$16,462
May 2024099678.812.20$2,190
Apr 202428998284.451.66$26,035
Mar 20241851,07380.301.55$16,513
Feb 202419186176.091.78$16,069
Jan 20241921,10973.023.30$17,677
Dec 20231871,09471.262.61$16,182
Nov 20231851,38377.892.81$18,293
Oct 202301,55985.443.09$4,813
Sep 20231881,92389.042.74$21,999
Aug 20233771,16480.522.67$33,467
Jul 20235701,28174.852.64$46,049
Jun 202337813268.962.26$26,365
May 20231843770.622.23$13,076
Apr 2023016178.122.24$360
Mar 20230072.852.39$0
Feb 2023010575.112.47$259
Jan 202304976.533.39$166
Dec 202205876.415.73$332
Nov 202206385.005.65$356
Oct 202203287.185.86$188
Sep 202202384.888.16$188
Aug 20220094.529.13$0
Jul 2022018101.587.54$136
Jun 2022022115.097.98$176
May 202202109.378.43$17
Apr 202200104.226.84$0
Mar 2022025108.885.08$127
Feb 202204191.054.86$199
Jan 202213081.844.54$218
Dec 202103671.323.90$140
Nov 202124077.435.24$364
Oct 202105279.795.71$297
Sep 202125069.865.35$407
Aug 202105366.024.22$224
Jul 202115270.783.98$278
Jun 202106369.493.38$213
May 202105163.483.02$154
Apr 202106760.362.76$185
Mar 2021012061.302.72$326
Feb 202109157.805.55$505
Jan 2021011450.412.81$320
Dec 2020014544.642.68$388
Nov 202016012838.772.71$6,550
Oct 2020011736.972.48$290
Sep 2020011737.091.99$233
Aug 2020014639.982.39$348
Jul 2020017938.371.83$327
Jun 2020018234.901.69$308
May 2020020916.921.81$379
Apr 202017721514.751.80$2,999
Mar 2020014130.341.86$262
Feb 20200149.881.98$2
Jan 202006657.252.09$138
Dec 2019015759.012.30$362
Nov 2019015255.302.75$418
Oct 2019016253.472.42$392
Sep 201915323955.052.66$9,058
Aug 2019017053.112.30$392
Jul 2019015956.272.46$391
Jun 2019017052.782.49$424
May 201912513658.482.74$7,683
Apr 2019010862.632.75$297
Mar 2019024456.803.06$747
Feb 201914929350.852.79$8,395
Jan 2019021146.033.23$681
Dec 2018012046.594.19$502
Nov 2018030052.934.24$1,271
Oct 201817633761.443.40$11,959
Sep 2018034759.543.11$1,078
Aug 2018036559.403.07$1,119
Jul 2018033065.142.93$968
Jun 201815737060.183.08$10,587
May 201816740965.382.90$12,105
Apr 2018030663.842.90$888
Mar 2018022761.222.79$633
Feb 2018019661.782.77$542
Jan 2018019962.874.01$798
Dec 201719516257.272.92$11,641
Nov 2017021355.423.12$664
Oct 2017061349.292.98$1,829
Sep 2017048247.523.09$1,488
Aug 201717834945.373.00$9,124
Jul 2017013443.873.09$414
Jun 2017024442.493.09$753
May 201719021545.373.26$9,322
Apr 2017026947.933.21$864
Mar 2017019046.772.98$567
Feb 201701,92850.452.95$5,693
Jan 2017022649.413.42$773
Dec 201616426348.763.72$8,976
Nov 2016023042.492.64$608
Oct 2016015846.193.09$488
Sep 201619314641.553.10$8,472
Aug 2016016441.442.92$480
Jul 2016022541.622.92$658
Jun 2016018245.352.69$489
May 201618516842.521.99$8,201
Apr 2016016936.561.99$336
Mar 2016016533.011.79$296
Feb 201618616226.472.06$5,258
Jan 2016017627.352.36$416
Dec 2015015032.362.00$300
Nov 2015018638.792.17$403
Oct 201517917543.552.43$8,220
Sep 2015017542.992.76$483
Aug 2015017040.162.87$488
Jul 2015014048.152.95$412
Jun 201518927756.152.88$11,411
May 2015021755.212.96$641
Apr 201518617849.822.71$9,748
Mar 2015017642.892.93$517
Feb 2015015444.662.98$458
Jan 2015018543.433.10$574
Dec 201419217854.693.59$11,140
Nov 2014017570.464.25$744
Oct 2014019478.303.90$757
Sep 2014021286.164.05$858
Aug 2014019389.394.04$779
Jul 201417814396.564.18$17,785
Jun 2014020098.164.74$947
May 2014020194.734.73$950
Apr 201418813895.944.81$18,700
Mar 201406295.895.06$314
Feb 201404197.406.19$254
Jan 20141745590.404.86$15,997
Dec 201305991.824.35$257
Nov 201307488.853.74$277
Oct 201309597.423.78$359
Sep 201319480104.113.72$20,495
Aug 2013099104.253.52$349
Jul 2013097102.523.72$361
Jun 201318210394.403.93$17,586
May 2013011794.834.15$485
Apr 201308293.964.28$351
Mar 20131798993.623.91$17,106
Feb 2013010991.233.42$373
Jan 201308391.603.42$284
Dec 20121819486.773.42$16,027
Nov 2012011086.953.62$399
Oct 2012011289.383.40$381
Sep 201217611794.672.92$17,003
Aug 201209992.662.91$288
Jul 201219212985.133.02$16,735
Jun 2012012279.822.52$307
May 201208091.612.49$199
Apr 20120101101.652.00$202
Mar 201214999105.052.22$15,872
Feb 2012183102101.102.57$18,763
Jan 2012013598.092.73$369
Dec 2011013696.873.24$441
Nov 201119514995.723.31$19,159
Oct 2011019684.983.65$715
Sep 2011013683.623.99$542
Aug 2011013983.404.15$577
Jul 201118816694.144.52$18,448
Jun 2011014992.904.64$691
May 201119414198.134.40$19,658
Apr 20110167105.964.33$724
Mar 201119012996.364.06$18,832
Feb 2011025285.644.18$1,053
Jan 201107186.504.59$326
Dec 201019314285.734.35$17,163
Nov 2010018180.843.80$687
Oct 2010024578.103.51$860
Sep 201018816772.633.98$14,319
Aug 2010014073.684.42$619
Jul 2010019172.554.74$905
Jun 2010017870.364.91$874
May 201019426171.124.24$14,903
Apr 2010029481.694.12$1,212
Mar 2010040078.394.39$1,755
Feb 201019228773.585.44$15,689
Jan 2010018674.365.96$1,109
Dec 200918925071.445.48$14,873
Nov 2009030574.593.75$1,144
Oct 2009032172.544.11$1,319
Sep 2009038265.543.06$1,171
Aug 200918936367.423.22$13,911
Jul 2009041361.133.46$1,431
Jun 2009041166.163.90$1,601
May 200919130154.743.93$11,637
Apr 2009034346.773.59$1,231
Mar 2009028542.144.06$1,157
Feb 200920029632.814.63$7,933
Jan 2009037735.865.37$2,025
Dec 2008049037.105.98$2,929
Nov 200819136855.496.86$13,123
Oct 2008043775.246.92$3,025
Sep 2008193413101.767.88$22,893
Aug 20080404114.228.48$3,427
Jul 20080642131.0811.39$7,312
Jun 2008193710131.3313.03$34,600
May 20080847123.1711.57$9,803
Apr 2008195500110.3110.45$26,738
Mar 20080551101.909.66$5,325
Feb 2008063792.538.77$5,587
Jan 200819657990.388.21$22,466
Dec 2007046988.337.30$3,425
Nov 20071941,08691.677.29$25,703
Oct 2007040382.856.92$2,790
Sep 2007072775.846.24$4,540
Aug 200713177069.066.39$13,966
Jul 2007171370.906.39$4,626
Jun 200719671562.007.55$17,549
May 2007166158.747.85$5,245
Apr 200719569759.617.81$17,064
Mar 2007178256.927.30$5,767
Feb 200719968955.108.22$16,626
Jan 2007078950.306.73$5,307
Dec 200618385456.656.92$16,275
Nov 200618679854.207.62$16,160
Oct 2006374154.906.01$4,621
Sep 2006166460.085.04$3,405
Aug 2006059768.717.34$4,382
Jul 200618464069.376.34$16,823
Jun 20061851,46866.286.38$21,633
May 2006183966.016.42$5,457
Apr 200618491264.397.36$18,561
Mar 200611,06156.707.08$7,572
Feb 200617795357.597.75$17,580
Jan 200601,10960.598.93$9,907
Dec 20051791,12154.9413.42$24,873
Nov 20051731,10454.6910.59$21,151
Oct 200501,13058.3413.80$15,589
Sep 20051491,10661.4512.08$22,515
Aug 20051531,12261.519.80$20,403
Jul 200511,16455.697.84$9,186
Jun 20051701,20352.337.38$17,775
May 20051811,19945.226.65$16,160
Apr 20051851,25549.207.36$18,339
Mar 20051581,73350.377.15$20,358
Feb 20051931,08045.226.31$15,544
Jan 200511,22243.166.32$7,769
Dec 20041821,30439.866.75$16,058
Nov 20043231,28445.286.33$22,754
Oct 20041801,28449.706.52$17,311
Sep 20041641,36143.245.28$14,283
Aug 20041751,57842.375.55$16,174
Jul 20041171,70438.286.08$14,846
Jun 20041711,51036.106.43$15,887
May 20041621,48737.486.49$15,729
Apr 200401,42734.475.86$8,360
Mar 20041821,49534.365.53$14,521
Feb 20041821,46132.455.51$13,955
Jan 20041891,57732.036.30$15,988
Dec 20031841,73030.266.30$16,470
Nov 20031761,79528.804.60$13,317
Oct 20031772,02728.174.76$14,634
Sep 20031782,22726.314.75$15,260
Aug 20031802,41529.765.13$17,745
Jul 20031842,48629.415.17$18,266
Jun 20033502,61728.565.98$25,653
May 200312,80326.595.97$16,768
Apr 20031832,89126.675.41$20,513
Mar 20033703,28831.146.10$31,566
Feb 20031813,17733.487.93$31,240
Jan 200337310,08630.315.58$67,606
Dec 20021863,77326.914.85$23,319
Nov 20021863,72424.664.14$19,993
Oct 20023454,54926.464.23$28,367
Sep 20023794,83227.443.64$27,965
Aug 200273,94725.963.16$12,671
Jul 20023623,03424.583.06$18,187
Jun 20021964,24023.733.34$18,805
May 20023765,76624.663.58$29,938
Apr 20022671,70323.653.51$12,296
Mar 200218028622.003.10$4,847
Feb 200201,07718.222.38$2,559
Jan 20021791,45617.172.38$6,532
Dec 20011841,81616.932.36$7,409
Nov 20011761,37918.072.41$6,498
Oct 20011721,43419.782.53$7,029
Sep 200101,53124.262.25$3,447
Aug 20013591,52624.873.05$13,587
Jul 200101,43423.933.20$4,585
Jun 20011741,53524.563.82$10,144
May 200101,41825.524.31$6,108
Apr 20011811,23824.685.34$11,072
Mar 20011821,46924.545.38$12,364
Feb 2001181027.755.77$5,023
Jan 200101,59527.478.40$13,396
Dec 20001831,41626.889.12$17,837
Nov 20001841,36632.215.66$13,655
Oct 20001821,32731.235.15$12,512
Sep 20001811,26031.875.19$12,303
Aug 20001771,41729.644.54$11,681
Jul 200001,45728.534.09$5,959
Jun 20001821,30729.304.40$11,080
May 200036187327.263.68$13,053
Apr 200001,18024.513.12$3,677
Mar 20001811,49628.422.86$9,422
Feb 20001811,46627.622.73$8,996
Jan 20001851,28825.272.48$7,870
Dec 19991891,44524.282.42$8,091
Nov 19991871,53223.192.43$8,065
Oct 199918393120.982.80$6,450
Sep 19993641,41321.752.62$11,617
Aug 19991851,49919.262.88$7,874
Jul 19991841,44317.892.37$6,715
Jun 19993571,50915.942.36$9,255
May 19991821,21715.792.32$5,698
Apr 19993551,47715.102.21$8,622
Mar 19997161,59612.471.84$11,862
Feb 19993631,5869.981.82$6,506
Jan 19997201,64410.381.90$10,597
Dec 19985461,5369.201.77$7,747
Nov 19985441,50910.892.19$9,222
Oct 19985381,97912.421.97$10,579
Sep 19983571,72112.592.08$8,079
Aug 19985322,16411.301.91$10,139
Jul 19983592,27011.742.24$9,293
Jun 19987102,24011.242.24$12,992
May 19987162,34112.622.21$14,201
Apr 19987182,03913.042.51$14,471
Mar 19981,0872,00212.802.31$18,537
Feb 19987241,97313.952.30$14,636
Jan 19987271,86614.702.15$14,708
Dec 19977271,96216.322.41$16,595
Nov 19979022,02518.193.09$22,661
Oct 19977202,14719.253.15$20,623
Sep 19977172,23417.742.95$19,321
Aug 19978932,09917.862.55$21,311
Jul 19975311,97917.582.25$13,782
Jun 19977111,79717.242.26$16,314
May 19971,0722,02118.972.31$25,001
Apr 19977102,08717.882.08$17,042
Mar 19979152,45518.951.94$22,100
Feb 19978972,23420.492.21$23,308
Jan 19971,0912,54023.483.54$34,608
Dec 19969352,45623.32$21,804
Nov 19961,1202,58221.97$24,606
Oct 19961,0872,70123.31$25,338
Sep 19961,0712,96622.22$23,798
Aug 19961,2703,22420.26$25,730
Jul 19961,4253,15019.55$27,859
Jun 19961,2503,30718.73$23,413
May 19961,0903,71319.43$21,179
Apr 19961,4405,02921.51$30,974
Mar 19961,4481,76119.38$28,062
Feb 19961,0912,25716.98$18,525
Jan 19961,2872,73417.07$21,969
Dec 19951,1061,61617.19$19,012
Nov 19951,0852,62016.00$17,360
Oct 19951,0872,50615.43$16,772
Sep 19951,2843,99816.18$20,775
Aug 19951,4534,68515.92$23,132
Jul 19951,9735,50715.24$30,069
Jun 19951,0736,13016.41$17,608
May 19951,8486,91017.56$32,451
Apr 19952,0598,38817.73$36,506
Mar 19952,20413,11316.44$36,234
Feb 19953,44218,21916.58$57,068
Jan 19956,65713,33115.92$105,979
Dec 19942,3645,60915.03$35,531
Nov 19941,4574,50015.90$23,166
Oct 19941,2605,35815.58$19,631
Sep 19941,4765,18415.29$22,568
Aug 19943,2327,06616.13$52,132
Jul 19943,4028,61417.56$59,739
Jun 19943,0378,97517.09$51,902
May 19944,0919,49515.88$64,965
Apr 19944,3169,21614.14$61,028
Mar 19942,7035,45512.46$33,679
Feb 19944,2497,75912.50$53,113
Jan 19945,4109,06712.66$68,491
Dec 19936,31212,50112.33$77,827
Nov 19938,62522,33914.49$124,976
Oct 19938,64025,34715.85$136,944
Sep 19939,13324,18515.03$137,269
Aug 19939,61024,65215.66$150,493
Jul 19938,59619,33415.46$132,894
Jun 19939,32617,71116.79$156,584
May 19939,37719,60017.68$165,785
Apr 19939,39619,33618.05$169,598
Mar 199310,57317,78418.14$191,794
Feb 19939,77818,55317.90$175,026
Jan 199310,56621,90816.93$178,882

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                  187 bbl  × $106.41 =    $19,899
Casinghead gas       819 Mcf  × $  3.05 =     $2,495

────────────────────────────────────────────────────
Month total                                  $22,393

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/21637 is the state's own key, not one this site invented.