LESTER-LESTER 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 21740District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$4.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$3 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
OilDisposition107,442 bbl$3,243,525
Casinghead gasProduction641,982 Mcf$1,157,372
Total$4,400,897

353,412 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 30.6612, -96.3225. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.66120, -96.32246 · 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
12,778 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 12,778 ft.

Completions filed
Oct 1992
1 of 1 wells

1 well

42-04131569112,778 ftOct 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 202542063.933.01$2,685
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025166067.704.27$11,238
Feb 20250070.884.34$0
Jan 20250474.324.28$17
Dec 2024011368.993.12$353
Nov 2024025469.052.20$558
Oct 202417331671.372.28$13,068
Sep 2024020869.612.36$492
Aug 202417129975.632.06$13,550
Jul 2024032479.932.15$696
Jun 202416829178.082.63$13,884
May 2024026878.812.20$589
Apr 202417927484.451.66$15,571
Mar 2024030380.301.55$468
Feb 20241846876.091.78$14,122
Jan 202408873.023.30$290
Dec 20231666371.262.61$11,994
Nov 202305777.892.81$160
Oct 20231779785.443.09$15,422
Sep 20230789.042.74$19
Aug 2023177580.522.67$14,265
Jul 20230074.852.64$0
Jun 2023177068.962.26$12,206
May 202307670.622.23$169
Apr 202317312178.122.24$13,786
Mar 202304872.852.39$115
Feb 20231788475.112.47$13,577
Jan 2023014876.533.39$501
Dec 202218929376.415.73$16,120
Nov 2022015785.005.65$886
Oct 202218012287.185.86$16,408
Sep 2022025684.888.16$2,090
Aug 202217416394.529.13$17,934
Jul 20220220101.587.54$1,659
Jun 2022185260115.097.98$23,366
May 20220249109.378.43$2,100
Apr 2022164305104.226.84$19,178
Mar 20220274108.885.08$1,391
Feb 202219125391.054.86$18,620
Jan 2022027781.844.54$1,257
Dec 202116232571.323.90$12,821
Nov 202108877.435.24$461
Oct 202117771379.795.71$18,197
Sep 20211893,55569.865.35$32,226
Aug 2021075566.024.22$3,187
Jul 202117637170.783.98$13,935
Jun 202101,20069.493.38$4,057
May 20211731,52263.483.02$15,575
Apr 2021096560.362.76$2,662
Mar 20211816361.302.72$11,266
Feb 202107957.805.55$438
Jan 2021020850.412.81$585
Dec 202018340144.642.68$9,242
Nov 20201811,02738.772.71$9,797
Oct 202018934436.972.48$7,840
Sep 2020098837.091.99$1,967
Aug 202018470439.982.39$9,035
Jul 2020075438.371.83$1,376
Jun 202001,34834.901.69$2,279
May 20201832,53516.921.81$7,697
Apr 2020057714.751.80$1,041
Mar 202018292330.341.86$7,235
Feb 202017789549.881.98$10,601
Jan 2020081157.252.09$1,699
Dec 20191801,46459.012.30$13,995
Nov 2019045555.302.75$1,252
Oct 201918453853.472.42$11,140
Sep 2019045755.052.66$1,214
Aug 2019045153.112.30$1,039
Jul 201917434356.272.46$10,635
Jun 201918633552.782.49$10,652
May 201918332758.482.74$11,598
Apr 2019028662.632.75$787
Mar 201918938456.803.06$11,911
Feb 2019030350.852.79$846
Jan 201918234946.033.23$9,504
Dec 201819037746.594.19$10,430
Nov 2018035552.934.24$1,504
Oct 201818431161.443.40$12,362
Sep 2018033659.543.11$1,044
Aug 201818842759.403.07$12,477
Jul 201836272765.142.93$25,712
Jun 201802,09860.183.08$6,455
May 20181632,82365.382.90$18,846
Apr 2018094063.842.90$2,727
Mar 2018049561.222.79$1,379
Feb 2018050961.782.77$1,408
Jan 201817984862.874.01$14,654
Dec 2017064657.272.92$1,887
Nov 201716358955.423.12$10,870
Oct 2017060249.292.98$1,796
Sep 2017055447.523.09$1,710
Aug 201717155145.373.00$9,414
Jul 2017034643.873.09$1,068
Jun 201718333242.493.09$8,801
May 2017034245.373.26$1,116
Apr 20170047.933.21$0
Mar 201718034846.772.98$9,457
Feb 2017035950.452.95$1,060
Jan 201719145249.413.42$10,983
Dec 2016039948.763.72$1,485
Nov 2016033042.492.64$873
Oct 201617935746.193.09$9,371
Sep 2016035141.553.10$1,088
Aug 201618457741.442.92$9,312
Jul 2016036641.622.92$1,070
Jun 201618435345.352.69$9,293
May 2016096042.521.99$1,911
Apr 2016030636.561.99$609
Mar 201619233233.011.79$6,934
Feb 2016032826.472.06$677
Jan 201619536727.352.36$6,201
Dec 2015034732.362.00$694
Nov 201518837238.792.17$8,099
Oct 2015042543.552.43$1,031
Sep 201517736942.992.76$8,627
Aug 2015036240.162.87$1,040
Jul 201519236948.152.95$10,332
Jun 2015030356.152.88$874
May 201516434455.212.96$10,071
Apr 2015034349.822.71$928
Mar 2015032242.892.93$945
Feb 201519339044.662.98$9,780
Jan 201501,16343.433.10$3,606
Dec 20141973,31554.693.59$22,679
Nov 2014087570.464.25$3,720
Oct 201418987378.303.90$18,204
Sep 2014056686.164.05$2,290
Aug 201401,89289.394.04$7,634
Jul 201418436096.564.18$19,272
Jun 2014036098.164.74$1,705
May 201419545694.734.73$20,628
Apr 201401,35195.944.81$6,497
Mar 20141821,45295.895.06$24,794
Feb 2014092197.406.19$5,703
Jan 201416873290.404.86$18,745
Dec 2013068691.824.35$2,987
Nov 201317779488.853.74$18,695
Oct 2013057597.423.78$2,173
Sep 20131670104.113.72$17,386
Aug 20130448104.253.52$1,578
Jul 20131691,242102.523.72$21,943
Jun 201301,48294.403.93$5,829
May 201317975794.834.15$20,115
Apr 2013045393.964.28$1,940
Mar 20131671,44193.623.91$21,273
Feb 2013041891.233.42$1,430
Jan 201317245991.603.42$17,325
Dec 2012060586.773.42$2,069
Nov 201218954286.953.62$18,398
Oct 2012071589.383.40$2,431
Sep 201218171894.672.92$19,231
Aug 2012078992.662.91$2,295
Jul 201215372085.133.02$15,200
Jun 2012067879.822.52$1,708
May 201219047691.612.49$18,590
Apr 2012168619101.652.00$18,313
Mar 20120978105.052.22$2,173
Feb 2012177530101.102.57$19,257
Jan 2012039998.092.73$1,091
Dec 201118353596.873.24$19,460
Nov 201116679895.723.31$18,532
Oct 2011063084.983.65$2,299
Sep 201117660983.623.99$17,144
Aug 2011067383.404.15$2,792
Jul 201118474094.144.52$20,665
Jun 20111841,59392.904.64$24,485
May 201101,08198.134.40$4,762
Apr 20111771,270105.964.33$24,258
Mar 201118589896.364.06$21,470
Feb 2011075885.644.18$3,168
Jan 20111891,39586.504.59$22,750
Dec 201001,06185.734.35$4,613
Nov 20101791,05180.843.80$18,459
Oct 20101691,51878.103.51$18,525
Sep 2010063072.633.98$2,507
Aug 201019070073.684.42$17,093
Jul 201015761772.554.74$14,313
Jun 2010063670.364.91$3,123
May 20101601,01271.124.24$15,665
Apr 201018470581.694.12$17,937
Mar 201018169178.394.39$17,221
Feb 2010048473.585.44$2,634
Jan 201012968774.365.96$13,690
Dec 200917570171.445.48$16,346
Nov 200917868674.593.75$15,851
Oct 2009068972.544.11$2,832
Sep 200915268365.543.06$12,055
Aug 200917771167.423.22$14,222
Jul 200915778861.133.46$12,327
Jun 2009073366.163.90$2,855
May 200914281954.743.93$10,988
Apr 200915371646.773.59$9,724
Mar 200916367442.144.06$9,605
Feb 200914570532.814.63$8,024
Jan 200917779535.865.37$10,617
Dec 200817173937.105.98$10,761
Nov 2008082155.496.86$5,632
Oct 200817982775.246.92$19,192
Sep 2008185642101.767.88$23,883
Aug 200801,287114.228.48$10,918
Jul 2008179838131.0811.39$33,008
Jun 2008180774131.3313.03$33,727
May 20080882123.1711.57$10,209
Apr 2008184819110.3110.45$28,860
Mar 2008183887101.909.66$27,220
Feb 2008081492.538.77$7,139
Jan 200817585690.388.21$22,841
Dec 200718288288.337.30$22,516
Nov 200716989591.677.29$22,018
Oct 200718290482.856.92$21,336
Sep 2007092075.846.24$5,745
Aug 20071151,06269.066.39$14,726
Jul 20071521,10470.906.39$17,829
Jun 20071781,17262.007.55$19,883
May 200711,04158.747.85$8,227
Apr 20071751,23859.617.81$20,095
Mar 20071801,26456.927.30$19,475
Feb 20071611,03255.108.22$17,350
Jan 20071841,11250.306.73$16,735
Dec 20061641,40656.656.92$19,018
Nov 20061501,45554.207.62$19,213
Oct 20061531,56154.906.01$17,787
Sep 20063111,72960.085.04$27,394
Aug 20061601,83668.717.34$24,470
Jul 20061722,30369.376.34$26,539
Jun 20063282,76566.286.38$39,391
May 20067965,36666.016.42$87,021
Apr 20061,0942,76964.397.36$90,824
Mar 200611756.707.08$177
Feb 200603457.597.75$264
Jan 200615860.598.93$579
Dec 200516511354.9413.42$10,581
Nov 200509454.6910.59$995
Oct 2005010458.3413.80$1,435
Sep 200509061.4512.08$1,087
Aug 2005011861.519.80$1,156
Jul 2005012755.697.84$996
Jun 200516812052.337.38$9,677
May 2005013045.226.65$865
Apr 2005211049.207.36$908
Mar 2005020850.377.15$1,488
Feb 200518324145.226.31$9,796
Jan 2005020943.166.32$1,321
Dec 200418122939.866.75$8,761
Nov 2004020345.286.33$1,285
Oct 2004020149.706.52$1,310
Sep 2004017843.245.28$941
Aug 200417215742.375.55$8,159
Jul 200417838.286.08$513
Jun 20041737736.106.43$6,741
May 200407337.486.49$474
Apr 2004110434.475.86$644
Mar 200404534.365.53$249
Feb 20041817532.455.51$6,287
Jan 2004116232.036.30$1,053
Dec 2003211430.266.30$779
Nov 20031301528.804.60$3,813
Oct 2003016128.174.76$766
Sep 200303326.314.75$157
Aug 200308129.765.13$416
Jul 200317952229.415.17$7,964
Jun 20031951,17128.565.98$12,575
May 20031801,09626.595.97$11,332
Apr 20031901,00426.675.41$10,496
Mar 20031921,06431.146.10$12,465
Feb 20031951,02333.487.93$14,637
Jan 200319499230.315.58$11,418
Dec 20021791,11526.914.85$10,229
Nov 20021901,10224.664.14$9,244
Oct 200218788126.464.23$8,674
Sep 20022291,14327.443.64$10,439
Aug 20022581,35225.963.16$10,976
Jul 20021981,37324.583.06$9,071
Jun 20023051,18423.733.34$11,190
May 20023501,25824.663.58$13,140
Apr 20021831,27523.653.51$8,806
Mar 20021791,36222.003.10$8,164
Feb 20021831,28918.222.38$6,397
Jan 20023681,32417.172.38$9,464
Dec 20011801,43416.932.36$6,438
Nov 20011771,41218.072.41$6,595
Oct 20013551,43019.782.53$10,638
Sep 20011781,43724.262.25$7,553
Aug 20013401,36224.873.05$12,614
Jul 20013531,47823.933.20$13,173
Jun 20011791,10524.563.82$8,622
May 20013511,61525.524.31$15,914
Apr 20011791,13924.685.34$10,495
Mar 20011821,13924.545.38$10,590
Feb 20011791,15427.755.77$11,622
Jan 20011781,19627.478.40$14,935
Dec 20003541,35626.889.12$21,886
Nov 20001831,18932.215.66$12,622
Oct 20001771,30231.235.15$12,227
Sep 20001761,36131.875.19$12,668
Aug 20003461,57229.644.54$17,394
Jul 20003381,55228.534.09$15,990
Jun 20002031,38629.304.40$12,042
May 20003601,44627.263.68$15,135
Apr 20001831,55324.513.12$9,324
Mar 20003621,33928.422.86$14,117
Feb 20003551,19427.622.73$13,061
Jan 200032967325.272.48$9,983
Dec 199937275624.282.42$10,864
Nov 199935410823.192.43$8,472
Oct 19993626220.982.80$7,769
Sep 199901,60221.752.62$4,195
Aug 19995181,35919.262.88$13,885
Jul 19993541,94317.892.37$10,943
Jun 19993581,93415.942.36$10,275
May 19993561,82215.792.32$9,850
Apr 19993561,83115.102.21$9,419
Mar 19991801,11912.471.84$4,302
Feb 19993661,2249.981.82$5,878
Jan 19991801,52610.381.90$4,768
Dec 19983601,7879.201.77$6,481
Nov 19981791,79610.892.19$5,875
Oct 19983471,97412.421.97$8,197
Sep 19981811,50412.592.08$5,411
Aug 19985241,93211.301.91$9,606
Jul 19981771,70411.742.24$5,890
Jun 19981762,01211.242.24$6,480
May 19985392,19512.622.21$11,645
Apr 19981752,09813.042.51$7,538
Mar 19983532,10112.802.31$9,371
Feb 19983532,02313.952.30$9,575
Jan 19983602,35914.702.15$10,375
Dec 19973601,47016.322.41$9,420
Nov 19971811,35818.193.09$7,486
Oct 19973422,41719.253.15$14,197
Sep 19971702,60017.742.95$10,698
Aug 199716390317.862.55$5,218
Jul 19971762,26217.582.25$8,177
Jun 19975263,21217.242.26$16,318
May 19975353,65918.972.31$18,596
Apr 19973573,20917.882.08$13,067
Mar 19973523,34718.951.94$13,161
Feb 19974842,99520.492.21$16,524
Jan 19975193,41323.483.54$24,267
Dec 19963663,54323.32$8,535
Nov 19965342,73821.97$11,732
Oct 19963953,35923.31$9,207
Sep 19963773,67622.22$8,377
Aug 19964903,91820.26$9,927
Jul 19965384,01819.55$10,518
Jun 19963854,00518.73$7,211
May 19967244,21219.43$14,067
Apr 19963743,69021.51$8,045
Mar 19965874,48219.38$11,376
Feb 19965503,90716.98$9,339
Jan 19965523,53417.07$9,423
Dec 19957073,83117.19$12,153
Nov 19955664,46516.00$9,056
Oct 19959294,67215.43$14,334
Sep 19955614,90616.18$9,077
Aug 19956715,38215.92$10,682
Jul 19953755,41315.24$5,715
Jun 19959333,78716.41$15,311
May 19955724,14117.56$10,044
Apr 19955684,99717.73$10,071
Mar 19959165,60616.44$15,059
Feb 19953615,20716.58$5,985
Jan 19957474,18715.92$11,892
Dec 19947275,17915.03$10,927
Nov 19947325,40815.90$11,639
Oct 19947236,15315.58$11,264
Sep 19949316,14215.29$14,235
Aug 19949347,18016.13$15,065
Jul 19949337,78117.56$16,383
Jun 19949187,86217.09$15,689
May 19941,0609,14815.88$16,833
Apr 19941,37910,67214.14$19,499
Mar 19948642,97612.46$10,765
Feb 19946934,40012.50$8,663
Jan 19941,0758,62712.66$13,610
Dec 19931,60610,79412.33$19,802
Nov 19931,62511,36314.49$23,546
Oct 19932,12415,34515.85$33,665
Sep 19931,2506,86015.03$18,788
Aug 19931,9299,65815.66$30,208
Jul 19932,26512,21015.46$35,017
Jun 19932,13012,76616.79$35,763
May 19932,99715,86017.68$52,987
Apr 19933,40614,96418.05$61,478
Mar 19934,08819,07718.14$74,156
Feb 19934,81419,35217.90$86,171
Jan 19936,23321,95916.93$105,525

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.

Aug 2025 — as filed, then multipliedworked
Oil                   42 bbl  × $ 63.93 =     $2,685
Casinghead gas         0 Mcf  × $  3.01 =         $0

────────────────────────────────────────────────────
Month total                                   $2,685

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/21740 is the state's own key, not one this site invented.