LEHDE-LELA 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 21721District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$17.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$315 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
OilDisposition343,182 bbl$12,667,377
Casinghead gasProduction1,686,219 Mcf$5,274,841
Total$17,942,218

446,534 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 30.5096, -96.6084. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50961, -96.60841 · 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
12,348 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 12,348 ft.

Completions filed
Jun 1998
1 of 1 wells

1 well

42-05133330112,348 ftJun 1998

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 20263641,071106.413.05$41,995
Apr 20261821,01198.932.87$20,907
Mar 20263451,07389.753.15$34,343
Feb 202634385763.503.75$24,995
Jan 20263711,01159.138.00$30,023
Dec 20251831,30656.664.41$16,133
Nov 20253661,32558.593.93$26,646
Oct 20253571,28459.383.30$25,442
Sep 202537056562.743.08$24,952
Aug 20253491,21663.933.01$25,978
Jul 20253571,32466.743.32$28,216
Jun 20251811,22666.483.13$15,869
May 20253671,14860.553.23$25,933
Apr 20253691,23962.363.54$27,401
Mar 202536291967.704.27$28,430
Feb 20251861,16570.884.34$18,241
Jan 20253701,26174.324.28$32,894
Dec 20245511,34768.993.12$42,218
Nov 20241801,32569.052.20$15,342
Oct 20243441,37371.372.28$27,684
Sep 20243731,34269.612.36$29,138
Aug 20245311,40975.632.06$43,067
Jul 20241921,42379.932.15$18,401
Jun 20243581,31778.082.63$31,422
May 20243581,41178.812.20$31,316
Apr 20243681,39684.451.66$33,394
Mar 20243561,45880.301.55$30,840
Feb 20243731,49776.091.78$31,052
Jan 20243591,30873.023.30$30,528
Dec 20235411,48371.262.61$42,423
Nov 20233601,46677.892.81$32,156
Oct 20233691,37285.443.09$35,763
Sep 20231801,29589.042.74$19,569
Aug 20233641,28180.522.67$32,733
Jul 20233491,14074.852.64$29,134
Jun 20235441,40268.962.26$40,681
May 20233391,45270.622.23$27,174
Apr 20233661,40778.122.24$31,740
Mar 20234051,53072.852.39$33,166
Feb 20233671,32975.112.47$30,842
Jan 20233851,53676.533.39$34,668
Dec 20223621,55976.415.73$36,592
Nov 20225471,43885.005.65$54,614
Oct 20223931,47787.185.86$42,923
Sep 20221951,51484.888.16$28,911
Aug 20223841,61794.529.13$51,054
Jul 20223551,657101.587.54$48,558
Jun 20223711,563115.097.98$55,167
May 20223681,690109.378.43$54,500
Apr 20223721,622104.226.84$49,860
Mar 20223591,081108.885.08$44,576
Feb 20223561,39891.054.86$39,206
Jan 20223681,70481.844.54$37,849
Dec 20213581,68171.323.90$32,087
Nov 20215681,70077.435.24$52,883
Oct 20213711,79779.795.71$39,870
Sep 20211891,69369.865.35$22,263
Aug 20215631,87466.024.22$45,079
Jul 20213581,83570.783.98$32,646
Jun 20213551,77769.493.38$30,676
May 20215431,90863.483.02$40,227
Apr 20213611,82660.362.76$26,827
Mar 20217101,88861.302.72$48,653
Feb 20211641,66757.805.55$18,728
Jan 20215441,94550.412.81$32,889
Dec 20207292,08444.642.68$38,118
Nov 20201,0903,13638.772.71$50,747
Oct 2020067236.972.48$1,666
Sep 2020077837.091.99$1,549
Aug 20201771,34939.982.39$10,294
Jul 20203631,77738.371.83$17,172
Jun 20205171,89534.901.69$21,246
May 20205472,08016.921.81$13,030
Apr 202001,94814.751.80$3,515
Mar 20203522,31130.341.86$14,969
Feb 20205612,34949.881.98$32,635
Jan 20207242,64157.252.09$46,981
Dec 20197512,84259.012.30$50,866
Nov 20198742,84055.302.75$56,144
Oct 20191,2603,11153.472.42$74,896
Sep 2019077055.052.66$2,046
Aug 2019043453.112.30$1,000
Jul 2019074756.272.46$1,838
Jun 20191631,08552.782.49$11,306
May 201918388158.482.74$13,116
Apr 20193251,78262.632.75$25,257
Mar 20191861,64256.803.06$15,593
Feb 20191811,13050.852.79$12,359
Jan 20193681,50446.033.23$21,794
Dec 20183851,41746.594.19$23,868
Nov 20181721,46452.934.24$15,307
Oct 20183781,60961.443.40$28,692
Sep 20181651,52859.543.11$14,573
Aug 20183811,65759.403.07$27,713
Jul 20181891,70165.142.93$17,299
Jun 20183361,63060.183.08$25,236
May 20181881,65565.382.90$17,092
Apr 20183751,60463.842.90$28,593
Mar 20181781,63261.222.79$15,445
Feb 20183751,51461.782.77$27,355
Jan 20181891,55362.874.01$18,109
Dec 20173691,62357.272.92$25,874
Nov 20173751,63855.423.12$25,890
Oct 20171841,69649.292.98$14,130
Sep 20173751,61647.523.09$22,809
Aug 20171791,71745.373.00$13,280
Jul 20173701,80143.873.09$21,792
Jun 20173741,60342.493.09$20,840
May 20171771,74245.373.26$13,715
Apr 20173511,64047.933.21$22,090
Mar 20173691,65446.772.98$22,193
Feb 20171841,54150.452.95$13,833
Jan 20173661,59849.413.42$23,547
Dec 20163781,46748.763.72$23,893
Nov 20163631,52442.492.64$19,454
Oct 20163771,59946.193.09$22,355
Sep 20161911,57841.553.10$12,829
Aug 20163581,72941.442.92$19,892
Jul 20163691,97041.622.92$21,119
Jun 20163651,87145.352.69$21,578
May 20163631,90842.521.99$19,234
Apr 20163701,77936.561.99$17,069
Mar 20163801,86233.011.79$15,884
Feb 20163681,74626.472.06$13,344
Jan 20163761,80427.352.36$14,549
Dec 20155431,87932.362.00$21,332
Nov 20153711,90138.792.17$18,511
Oct 20153712,02043.552.43$21,059
Sep 20153832,02242.992.76$22,043
Aug 20155612,17440.162.87$28,775
Jul 20155572,34748.152.95$33,732
Jun 20157552,18456.152.88$48,689
May 20151892,08355.212.96$16,591
Apr 20155442,85249.822.71$34,821
Mar 20153792,95142.892.93$24,916
Feb 20153872,72744.662.98$25,399
Jan 20155623,00343.433.10$33,719
Dec 20143873,02954.693.59$32,043
Nov 20145713,07170.464.25$53,290
Oct 20143713,30978.303.90$41,958
Sep 20143723,16086.164.05$44,835
Aug 20145313,31889.394.04$60,855
Jul 20143773,40396.564.18$50,626
Jun 20145413,27498.164.74$68,613
May 20143813,44894.734.73$52,389
Apr 20143873,32695.944.81$53,124
Mar 20145663,37795.895.06$71,351
Feb 20143862,96397.406.19$55,943
Jan 20145603,41890.404.86$67,238
Dec 20135683,44491.824.35$67,151
Nov 20135553,38288.853.74$61,955
Oct 20133783,58297.423.78$50,362
Sep 20133633,519104.113.72$50,875
Aug 20135493,671104.253.52$70,165
Jul 20133683,653102.523.72$51,308
Jun 20135513,53994.403.93$65,935
May 20133753,64394.834.15$50,676
Apr 20135603,43593.964.28$67,328
Mar 20133633,61893.623.91$48,141
Feb 20135573,27591.233.42$62,015
Jan 20135553,65891.603.42$63,348
Dec 20123783,70986.773.42$45,484
Nov 20125483,71886.953.62$61,126
Oct 20125443,75489.383.40$61,385
Sep 20123633,66294.672.92$45,052
Aug 20125583,77992.662.91$62,694
Jul 20125493,88985.133.02$58,484
Jun 20123563,81779.822.52$38,031
May 20125443,77391.612.49$59,224
Apr 20125523,790101.652.00$63,679
Mar 20125693,835105.052.22$68,295
Feb 20125783,604101.102.57$67,699
Jan 20125533,76698.092.73$64,540
Dec 20115563,74296.873.24$65,983
Nov 20117174,09795.723.31$82,198
Oct 20115604,26984.983.65$63,164
Sep 20115524,13383.623.99$62,632
Aug 20115614,40083.404.15$65,044
Jul 20115394,29394.144.52$70,134
Jun 20117324,27792.904.64$87,848
May 20115504,55998.134.40$74,053
Apr 20117334,318105.964.33$96,380
Mar 20118934,63796.364.06$104,863
Feb 20117314,13585.644.18$79,887
Jan 20119035,32286.504.59$102,531
Dec 20101,1365,75185.734.35$122,393
Nov 20105623,51180.843.80$58,757
Oct 20107573,54378.103.51$71,554
Sep 20105493,47372.633.98$53,695
Aug 20103683,76973.684.42$43,771
Jul 20107413,88172.554.74$72,142
Jun 20105453,79670.364.91$56,986
May 20105584,02771.124.24$56,740
Apr 20107543,95981.694.12$77,916
Mar 20107354,00078.394.39$75,171
Feb 20105573,41273.585.44$59,553
Jan 20109284,29174.365.96$94,598
Dec 20099154,62871.445.48$90,746
Nov 20099344,29574.593.75$85,780
Oct 20097433,77972.544.11$69,430
Sep 20099364,04265.543.06$73,733
Aug 20097453,90267.423.22$62,786
Jul 20097533,65161.133.46$58,680
Jun 20098983,08066.163.90$71,408
May 20095602,80154.743.93$41,650
Apr 20097502,54246.773.59$44,197
Mar 20097732,15342.144.06$41,313
Feb 20093711,40932.814.63$18,700
Jan 20093791,28335.865.37$20,482
Dec 200819374837.105.98$11,631
Nov 2008321055.496.86$1,607
Oct 2008721775.246.92$2,029
Sep 20083210101.767.88$1,959
Aug 20086218114.228.48$2,535
Jul 2008187639131.0811.39$31,790
Jun 20085793,021131.3313.03$115,412
May 20085843,772123.1711.57$115,590
Apr 20089493,867110.3110.45$145,113
Mar 20089484,066101.909.66$135,895
Feb 20083843,69892.538.77$67,965
Jan 20089744,60490.388.21$125,809
Dec 20077643,99488.337.30$96,648
Nov 20075773,91091.677.29$81,404
Oct 20073822,57982.856.92$49,500
Sep 20073823,13875.846.24$48,565
Aug 20077603,13769.066.39$72,525
Jul 20073793,45270.906.39$48,922
Jun 20077613,50262.007.55$73,617
May 20071913,14158.747.85$35,865
Apr 20071812,17059.617.81$27,727
Mar 20073841,65756.927.30$33,957
Feb 20075763,39455.108.22$59,623
Jan 20077753,27250.306.73$60,993
Dec 20063793,62256.656.92$46,529
Nov 20067693,10254.207.62$65,309
Oct 20063823,40754.906.01$41,461
Sep 20063813,38660.085.04$39,946
Aug 20067523,47368.717.34$77,161
Jul 20063753,94269.376.34$51,017
Jun 20067633,89166.286.38$75,411
May 20063844,04166.016.42$51,311
Apr 20067703,95964.397.36$78,720
Mar 20067654,20556.707.08$73,159
Feb 20067653,79757.597.75$73,487
Jan 20063882,50160.598.93$45,851
Dec 20057734,14954.9413.42$98,129
Nov 20053834,28554.6910.59$66,318
Oct 20057714,56458.3413.80$107,944
Sep 20057444,10761.4512.08$95,327
Aug 20053834,31161.519.80$65,793
Jul 20059514,46355.697.84$87,967
Jun 20053854,49052.337.38$53,288
May 20057494,68645.226.65$65,037
Apr 20057714,70949.207.36$72,594
Mar 20057704,59150.377.15$71,633
Feb 20057714,32245.226.31$62,145
Jan 20057724,85043.166.32$63,982
Dec 20047744,53439.866.75$61,461
Nov 20047654,71745.286.33$64,500
Oct 20047635,03249.706.52$70,705
Sep 20041,1464,95643.245.28$75,740
Aug 20047525,18542.375.55$60,642
Jul 20047495,35438.286.08$61,246
Jun 20047585,32936.106.43$61,645
May 20047375,69937.486.49$64,635
Apr 20041,1185,25734.475.86$69,335
Mar 20041,1506,37534.365.53$74,769
Feb 20047765,34732.455.51$54,641
Jan 20047704,56032.036.30$53,389
Dec 20039454,74130.266.30$58,472
Nov 20037694,71128.804.60$43,795
Oct 20037674,86328.174.76$44,753
Sep 20031,1314,62326.314.75$51,713
Aug 20037394,39429.765.13$44,533
Jul 20037344,96329.415.17$47,250
Jun 20037544,92728.565.98$51,012
May 20037575,24726.595.97$51,467
Apr 20037545,18626.675.41$48,151
Mar 20031,1405,31131.146.10$67,876
Feb 20037465,06133.487.93$65,089
Jan 20031,1455,56730.315.58$65,780
Dec 20027665,76826.914.85$48,610
Nov 20021,1505,25224.664.14$50,086
Oct 20021,3146,40526.464.23$61,856
Sep 20021,1286,15427.443.64$53,323
Aug 20027604,52525.963.16$34,047
Jul 20027534,12524.583.06$31,139
Jun 20021,1376,98423.733.34$50,295
May 20021,5217,44324.663.58$64,184
Apr 20021,5187,12523.653.51$60,926
Mar 20021,1455,38622.003.10$41,901
Feb 20027684,72318.222.38$25,213
Jan 20027653,64717.172.38$21,799
Dec 20013861,80716.932.36$10,807
Nov 200144918.072.41$190
Oct 200194419.782.53$289
Sep 200112,09424.262.25$4,739
Aug 200131424.873.05$117
Jul 20011,4857,43523.933.20$59,306
Jun 20011,5179,22624.563.82$72,539
May 20011,88610,16425.524.31$91,910
Apr 20011,9019,58024.685.34$98,029
Mar 20011,9008,26824.545.38$91,078
Feb 20011,1455,31827.755.77$62,443
Jan 20011,5437,44927.478.40$104,949
Dec 20001,8916,96826.889.12$114,396
Nov 20001,5095,87732.215.66$81,857
Oct 20001,4893,95931.235.15$66,873
Sep 200037837731.875.19$14,002
Aug 20001,1206,57529.644.54$63,052
Jul 20001,4979,52028.534.09$81,644
Jun 20001,1008,21929.304.40$68,371
May 20001,5148,41227.263.68$72,226
Apr 20001,5138,56324.513.12$63,766
Mar 20001,51910,55128.422.86$73,343
Feb 20001,5249,89427.622.73$69,069
Jan 20001,88711,54425.272.48$76,319
Dec 19992,06612,54124.282.42$80,558
Nov 19991,1376,91223.192.43$43,191
Oct 19991,5079,03520.982.80$56,948
Sep 19991,85712,42421.752.62$72,926
Aug 19992,22912,00219.262.88$77,443
Jul 19992,62511,93817.892.37$75,283
Jun 19991,8808,20515.942.36$49,348
May 19992,81110,97815.792.32$69,866
Apr 19991,3105,56115.102.21$32,060
Mar 19991,5064,06012.471.84$26,243
Feb 19991,8385,2669.981.82$27,916
Jan 19991,8586,92310.381.90$32,439
Dec 19982,5858,2709.201.77$38,447
Nov 19982,2166,85210.892.19$39,109
Oct 19982,9448,54612.421.97$53,393
Sep 19982,9787,26212.592.08$52,617
Aug 19983,3516,46711.301.91$50,201
Jul 19984,0998,51911.742.24$67,182
Jun 19983,3546,08811.242.24$51,319
May 19987204,64212.622.21$19,328
Apr 19987514,50013.042.51$21,067
Mar 19987424,74012.802.31$20,444
Feb 19987584,60013.952.30$21,150
Jan 19987655,24114.702.15$22,539
Dec 19977515,31216.322.41$25,064
Nov 19977355,21718.193.09$29,481
Oct 19977324,77719.253.15$29,138
Sep 19977335,35917.742.95$28,839
Aug 19977435,53417.862.55$27,408
Jul 19977435,81117.582.25$26,119
Jun 19977215,42017.242.26$24,664
May 199771410,08218.972.31$36,819
Apr 19971,1155,82417.882.08$32,066
Mar 19977326,27718.951.94$26,043
Feb 19979155,80020.492.21$31,543
Jan 19977236,26523.483.54$39,152
Dec 19961,0906,16223.32$25,419
Nov 19967426,27721.97$16,302
Oct 19961,0796,44423.31$25,151
Sep 19961,0626,52922.22$23,598
Aug 19968957,19820.26$18,133
Jul 19968917,16319.55$17,419
Jun 19961,0847,18118.73$20,303
May 19961,0917,37619.43$21,198
Apr 19961,1207,43721.51$24,091
Mar 19969187,79319.38$17,791
Feb 19961,1027,92616.98$18,712
Jan 19961,1038,16917.07$18,828
Dec 19951,4929,20217.19$25,647
Nov 19959087,09216.00$14,528
Oct 19951,0908,64915.43$16,819
Sep 19951,1258,95616.18$18,203
Aug 19951,0729,87115.92$17,066
Jul 19951,4539,99715.24$22,144
Jun 19951,4929,88016.41$24,484
May 19951,48110,45017.56$26,006
Apr 19951,47010,44217.73$26,063
Mar 19951,50211,43416.44$24,693
Feb 19951,83710,66516.58$30,457
Jan 19951,77711,73215.92$28,290
Dec 19942,20011,69815.03$33,066
Nov 19941,62111,20815.90$25,774
Oct 19942,55112,88315.58$39,745
Sep 19941,6227,02515.29$24,800
Aug 19942,1346,70216.13$34,421
Jul 19942,5217,55017.56$44,269
Jun 19941,8226,49217.09$31,138
May 19942,7167,71015.88$43,130
Apr 19942,1608,05914.14$30,542
Mar 19942,74111,28612.46$34,153
Feb 19942,7378,96212.50$34,213
Jan 19942,94512,76512.66$37,284
Dec 19933,26813,78412.33$40,294
Nov 19933,66314,91414.49$53,077
Oct 19933,77016,49015.85$59,755
Sep 19934,15316,30215.03$62,420
Aug 19934,98115,64415.66$78,002
Jul 19935,89917,45515.46$91,199
Jun 19937,23616,84916.79$121,492
May 19938,1197,53417.68$143,544
Apr 1993717518.05$126
Mar 19935642,06818.14$10,231
Feb 19933,0475,42417.90$54,541
Jan 19934,1943,53016.93$71,004

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                  364 bbl  × $106.41 =    $38,733
Casinghead gas     1,071 Mcf  × $  3.05 =     $3,262

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Month total                                  $41,995

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/21721 is the state's own key, not one this site invented.