KESSLER 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 21638District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$20 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
OilDisposition118,560 bbl$2,903,758
Casinghead gasProduction911,662 Mcf$1,111,302
Total$4,015,061

634,417 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 29.9888, -96.8406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.98882, -96.84062 · 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
13,863 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 13,863 ft.

Completions filed
Jun 1992
1 of 1 wells

1 well

42-14932603113,863 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 2026055106.413.05$168
Apr 20260598.932.87$14
Mar 20260589.753.15$16
Feb 20260163.503.75$4
Jan 202605359.138.00$424
Dec 20250056.664.41$0
Nov 202501658.593.93$63
Oct 20250659.383.30$20
Sep 202505362.743.08$163
Aug 20252984063.933.01$19,172
Jul 202504566.743.32$149
Jun 202501466.483.13$44
May 20250060.553.23$0
Apr 202508462.363.54$298
Mar 202518418867.704.27$13,259
Feb 2025062970.884.34$2,730
Jan 20250074.324.28$0
Dec 20241909968.993.12$13,417
Nov 202403969.052.20$86
Oct 20240271.372.28$5
Sep 2024020369.612.36$480
Aug 202418727975.632.06$14,719
Jul 2024024579.932.15$526
Jun 202403478.082.63$90
May 20240478.812.20$9
Apr 202420151084.451.66$17,821
Mar 202407980.301.55$122
Feb 2024026976.091.78$480
Jan 202402773.023.30$89
Dec 202309071.262.61$235
Nov 2023015477.892.81$432
Oct 202318214185.443.09$15,985
Sep 2023017889.042.74$487
Aug 202317925280.522.67$15,087
Jul 2023017274.852.64$454
Jun 202302468.962.26$54
May 2023029970.622.23$666
Apr 2023025778.122.24$575
Mar 202309072.852.39$215
Feb 202319610775.112.47$14,985
Jan 2023021476.533.39$725
Dec 2022028176.415.73$1,610
Nov 202218133885.005.65$17,293
Oct 2022070487.185.86$4,128
Sep 202218838084.888.16$19,060
Aug 2022096294.529.13$8,780
Jul 2022086101.587.54$649
Jun 2022062115.097.98$495
May 2022178105109.378.43$20,353
Apr 20220138104.226.84$944
Mar 20220137108.885.08$695
Feb 2022023491.054.86$1,137
Jan 202217127881.844.54$15,256
Dec 2021025471.323.90$990
Nov 2021031577.435.24$1,650
Oct 2021016679.795.71$949
Sep 202108769.865.35$466
Aug 202118632366.024.22$13,643
Jul 20210070.783.98$0
Jun 202104069.493.38$135
May 202107463.483.02$223
Apr 202105760.362.76$157
Mar 202106961.302.72$187
Feb 202108457.805.55$466
Jan 202119133150.412.81$10,559
Dec 2020017644.642.68$471
Nov 2020020838.772.71$563
Oct 202021030836.972.48$8,527
Sep 202018775037.091.99$8,429
Aug 2020096739.982.39$2,306
Jul 202016336938.371.83$6,928
Jun 2020014534.901.69$245
May 202009616.921.81$174
Apr 2020015914.751.80$287
Mar 202018522230.341.86$6,025
Feb 202007749.881.98$153
Jan 2020010557.252.09$220
Dec 2019012159.012.30$279
Nov 2019013155.302.75$360
Oct 201918312653.472.42$10,090
Sep 2019014955.052.66$396
Aug 2019011653.112.30$267
Jul 2019027156.272.46$667
Jun 201916120452.782.49$9,006
May 2019024658.482.74$674
Apr 2019019662.632.75$539
Mar 201918522056.803.06$11,182
Feb 2019019750.852.79$550
Jan 2019040946.033.23$1,320
Dec 20185528446.594.19$3,751
Nov 2018025952.934.24$1,097
Oct 201818428561.443.40$12,273
Sep 2018030059.543.11$932
Aug 201809359.403.07$285
Jul 2018016765.142.93$490
Jun 201818139060.183.08$12,093
May 2018019165.382.90$554
Apr 201817917663.842.90$11,938
Mar 2018024361.222.79$677
Feb 2018024861.782.77$686
Jan 2018023762.874.01$950
Dec 201717932357.272.92$11,195
Nov 2017029455.423.12$917
Oct 2017039149.292.98$1,167
Sep 2017030047.523.09$926
Aug 201717246245.373.00$9,192
Jul 2017032943.873.09$1,016
Jun 201717177142.493.09$9,646
May 2017040145.373.26$1,309
Apr 2017040647.933.21$1,304
Mar 2017185046.772.98$8,652
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201627745448.763.72$15,197
Nov 2016035142.492.64$928
Oct 201617741046.193.09$9,443
Sep 2016071241.553.10$2,208
Aug 2016031441.442.92$918
Jul 201618473341.622.92$9,802
Jun 2016035945.352.69$964
May 2016010642.521.99$211
Apr 2016012736.561.99$253
Mar 2016016833.011.79$301
Feb 2016027926.472.06$576
Jan 201615540527.352.36$5,197
Dec 2015037432.362.00$749
Nov 2015037538.792.17$813
Oct 2015029243.552.43$709
Sep 201516243942.992.76$8,175
Aug 2015033140.162.87$951
Jul 201503648.152.95$106
Jun 201518410956.152.88$10,646
May 2015024855.212.96$733
Apr 2015023149.822.71$625
Mar 2015027342.892.93$801
Feb 201517725944.662.98$8,676
Jan 2015034843.433.10$1,079
Dec 201435495554.693.59$22,790
Nov 201417947270.464.25$14,619
Oct 20141801,43678.303.90$19,696
Sep 2014038286.164.05$1,545
Aug 2014043389.394.04$1,747
Jul 201414455396.564.18$16,216
Jun 2014042598.164.74$2,013
May 2014040594.734.73$1,914
Apr 2014035995.944.81$1,726
Mar 201416533695.895.06$17,521
Feb 2014031597.406.19$1,950
Jan 2014036990.404.86$1,794
Dec 2013040591.824.35$1,764
Nov 201318143788.853.74$17,715
Oct 2013043297.423.78$1,633
Sep 20130392104.113.72$1,457
Aug 2013178484104.253.52$20,261
Jul 20130361102.523.72$1,342
Jun 2013025094.403.93$983
May 20131823994.834.15$17,421
Apr 2013150593.964.28$2,257
Mar 2013057793.623.91$2,258
Feb 201316444291.233.42$16,473
Jan 2013052491.603.42$1,792
Dec 201215649686.773.42$15,233
Nov 2012157986.953.62$2,186
Oct 201214852589.383.40$15,013
Sep 2012045894.672.92$1,337
Aug 2012061092.662.91$1,774
Jul 201217751285.133.02$16,615
Jun 2012170979.822.52$1,866
May 201215640191.612.49$15,289
Apr 2012177643101.652.00$19,276
Mar 20120423105.052.22$940
Feb 2012179959101.102.57$20,562
Jan 201217286198.092.73$19,226
Dec 2011023996.873.24$774
Nov 201106695.723.31$219
Oct 201105884.983.65$212
Sep 201117813483.623.99$15,418
Aug 201114983.404.15$287
Jul 20111718194.144.52$16,464
Jun 2011013792.904.64$636
May 20111791,03198.134.40$22,107
Apr 2011181992105.964.33$23,477
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011014786.504.59$675
Dec 2010281585.734.35$3,715
Nov 201017723280.843.80$15,189
Oct 2010023178.103.51$811
Sep 201018564772.633.98$16,011
Aug 2010043373.684.42$1,914
Jul 201018086472.554.74$17,151
Jun 2010018570.364.91$908
May 2010159471.124.24$2,587
Apr 2010043381.694.12$1,785
Mar 201016847478.394.39$15,250
Feb 2010083873.585.44$4,561
Jan 201016348174.365.96$14,989
Dec 2009045071.445.48$2,468
Nov 2009040374.593.75$1,512
Oct 200916145272.544.11$13,537
Sep 200917286065.543.06$13,909
Aug 20091761,03067.423.22$15,181
Jul 2009153361.133.46$1,908
Jun 2009044866.163.90$1,745
May 200916054554.743.93$10,898
Apr 2009151246.773.59$1,884
Mar 200916945542.144.06$8,969
Feb 2009154232.814.63$2,544
Jan 200917751735.865.37$9,124
Dec 2008180237.105.98$4,831
Nov 200818398355.496.86$16,898
Oct 2008236875.246.92$2,698
Sep 20080275101.767.88$2,166
Aug 20080486114.228.48$4,123
Jul 2008192940131.0811.39$35,873
Jun 20080484131.3313.03$6,308
May 2008185714123.1711.57$31,050
Apr 20081891,543110.3110.45$36,980
Mar 20080310101.909.66$2,996
Feb 2008011792.538.77$1,026
Jan 20085331,52190.388.21$60,653
Dec 2007088488.337.30$6,455
Nov 2007043691.677.29$3,179
Oct 200718248882.856.92$18,457
Sep 2007076175.846.24$4,752
Aug 200718053469.066.39$15,842
Jul 2007042070.906.39$2,683
Jun 2007070462.007.55$5,314
May 2007061458.747.85$4,818
Apr 200718585559.617.81$17,701
Mar 200717882356.927.30$16,141
Feb 20071861,39755.108.22$21,726
Jan 200718552650.306.73$12,844
Dec 2006021756.656.92$1,501
Nov 2006021254.207.62$1,615
Oct 200618152454.906.01$13,088
Sep 2006094560.085.04$4,760
Aug 2006071268.717.34$5,226
Jul 2006059569.376.34$3,774
Jun 200618236366.286.38$14,380
May 2006063866.016.42$4,099
Apr 200618261564.397.36$16,246
Mar 2006078056.707.08$5,525
Feb 2006175357.597.75$5,894
Jan 200618872760.598.93$17,885
Dec 2005062854.9413.42$8,425
Nov 200518579454.6910.59$18,525
Oct 200511,08458.3413.80$15,013
Sep 2005072161.4512.08$8,709
Aug 2005182861.519.80$8,173
Jul 200517980155.697.84$16,251
Jun 200501,02552.337.38$7,566
May 2005180945.226.65$5,426
Apr 200518667949.207.36$14,149
Mar 200518589550.377.15$15,722
Feb 200511,38145.226.31$8,762
Jan 2005062443.166.32$3,945
Dec 200418757439.866.75$11,329
Nov 2004053545.286.33$3,387
Oct 200417989749.706.52$14,740
Sep 20041871,49343.245.28$15,975
Aug 2004031342.375.55$1,737
Jul 200418081638.286.08$11,855
Jun 20041831,07336.106.43$13,509
May 2004089537.486.49$5,813
Apr 200418340434.475.86$8,675
Mar 200418490934.365.53$11,349
Feb 2004077132.455.51$4,248
Jan 200416657932.036.30$8,964
Dec 20031861,22430.266.30$13,342
Nov 2003032628.804.60$1,498
Oct 200317792328.174.76$9,379
Sep 2003174126.314.75$3,546
Aug 20031741,14129.765.13$11,031
Jul 20033601,65229.415.17$19,130
Jun 20031701,31628.565.98$12,729
May 20031811,29926.595.97$12,571
Apr 20031811,31326.675.41$11,927
Mar 20033742,31131.146.10$25,734
Feb 200321,01333.487.93$8,096
Jan 20030330.315.58$17
Dec 200207826.914.85$379
Nov 200218473624.664.14$7,582
Oct 2002177026.464.23$3,283
Sep 200217793127.443.64$8,241
Aug 200217999925.963.16$7,808
Jul 200221,35624.583.06$4,201
Jun 200218283623.733.34$7,110
May 20021801,48024.663.58$9,743
Apr 200211,39223.653.51$4,913
Mar 20021851,17922.003.10$7,728
Feb 20023801,63518.222.38$10,808
Jan 200201,09017.172.38$2,589
Dec 20011811,46516.932.36$6,528
Nov 20011811,13718.072.41$6,006
Oct 20011851,54919.782.53$7,577
Sep 200101,24424.262.25$2,801
Aug 20011801,56924.873.05$9,267
Jul 20011831,80023.933.20$10,134
Jun 20011671,37624.563.82$9,364
May 20011781,60225.524.31$11,443
Apr 20011701,77824.685.34$13,682
Mar 20011851,83324.545.38$14,395
Feb 200101,45027.755.77$8,362
Jan 20013812,06727.478.40$27,826
Dec 20007662,63826.889.12$44,655
Nov 20001963,07532.215.66$23,712
Oct 20001721,12431.235.15$11,155
Sep 20005741,80131.875.19$27,634
Aug 200033,12329.644.54$14,270
Jul 200001,22428.534.09$5,006
Jun 200017885929.304.40$8,993
May 200018263627.263.68$7,302
Apr 20001701,83624.513.12$9,888
Mar 20001881,63128.422.86$10,007
Feb 20001902,54127.622.73$12,176
Jan 200017990725.272.48$6,773
Dec 19991741,38724.282.42$7,586
Nov 19993653,07623.192.43$15,951
Oct 199901,25320.982.80$3,513
Sep 19991731,99821.752.62$8,995
Aug 19991532,80119.262.88$11,001
Jul 19991761,87717.892.37$7,602
Jun 19993623,45515.942.36$13,931
May 19991781,62915.792.32$6,592
Apr 19991812,41615.102.21$8,068
Mar 19991832,08012.471.84$6,106
Feb 19991821,3379.981.82$4,247
Jan 19995392,87510.381.90$11,057
Dec 19983712,4749.201.77$7,800
Nov 199801,95010.892.19$4,262
Oct 19983662,16112.421.97$8,801
Sep 19981793,01812.592.08$8,539
Aug 19983722,90611.301.91$9,746
Jul 19981833,50311.742.24$9,986
Jun 199823,37211.242.24$7,567
May 19983524,08512.622.21$13,455
Apr 19981884,20713.042.51$12,991
Mar 19983714,96812.802.31$16,222
Feb 19981,0866,45413.952.30$29,988
Jan 19981,4458,56014.702.15$39,687
Dec 19978009,57016.322.41$36,130
Nov 19971831,49818.193.09$7,955
Oct 19972021,73519.253.15$9,353
Sep 19973751,30217.742.95$10,500
Aug 19971761,36617.862.55$6,633
Jul 19971851,24017.582.25$6,039
Jun 19973571,33617.242.26$9,170
May 19971601,48418.972.31$6,461
Apr 19973791,76617.882.08$10,455
Mar 19971782,18818.951.94$7,616
Feb 19973722,17720.492.21$12,425
Jan 19972043,04823.483.54$15,579
Dec 19963373,55223.32$7,859
Nov 19964873,97121.97$10,699
Oct 19963422,33323.31$7,972
Sep 19963473,45422.22$7,710
Aug 19964994,73320.26$10,110
Jul 19965215,14119.55$10,186
Jun 19965284,60618.73$9,889
May 19963395,46119.43$6,587
Apr 19965264,90821.51$11,314
Mar 19965215,03419.38$10,097
Feb 19965324,26216.98$9,033
Jan 19965205,29817.07$8,876
Dec 19955206,92617.19$8,939
Nov 19956995,68716.00$11,184
Oct 19957019,25915.43$10,816
Sep 19955227,23316.18$8,446
Aug 19953344,62115.92$5,317
Jul 19956937,49915.24$10,561
Jun 19955525,47916.41$9,058
May 19958796,36917.56$15,435
Apr 19955415,88817.73$9,592
Mar 19959005,76016.44$14,796
Feb 19957217,17816.58$11,954
Jan 19951,0629,97715.92$16,907
Dec 19948798,17915.03$13,211
Nov 19941,08710,36515.90$17,283
Oct 19941,30412,12315.58$20,316
Sep 19941,44713,81415.29$22,125
Aug 19942,72116,81916.13$43,890
Jul 1994928117.56$16,296
Jun 19941,0929,01917.09$18,662
May 19941,09710,60615.88$17,420
Apr 19941,61411,69114.14$22,822
Mar 19941,26912,74412.46$15,812
Feb 19943,26720,20412.50$40,838
Jan 19942,37614,81212.66$30,080
Dec 19932,20213,65812.33$27,151
Nov 19932,05412,96914.49$29,762
Oct 19932,24314,84215.85$35,552
Sep 19932,39815,24715.03$36,042
Aug 19932,57518,09115.66$40,325
Jul 19933,13720,29015.46$48,498
Jun 19932,94022,21916.79$49,363
May 19933,53427,82217.68$62,481
Apr 19934,84939,14718.05$87,524
Mar 19935,68147,81318.14$103,053
Feb 19937,23058,13617.90$129,417
Jan 199310,38569,17716.93$175,818

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        55 Mcf  × $  3.05 =       $168

────────────────────────────────────────────────────
Month total                                     $168

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/21638 is the state's own key, not one this site invented.