BASDEN"B"

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 21755District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$22 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
OilDisposition134,001 bbl$4,060,148
Casinghead gasProduction529,180 Mcf$1,260,121
Total$5,320,269

264,130 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 29.9971, -96.8622. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.99714, -96.86224 · 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
13,413 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 13,413 ft.

Completions filed
Nov 2003
1 of 1 wells

1 well

42-149326472 H13,413 ftNov 2003

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 2026096106.413.05$292
Apr 202604598.932.87$129
Mar 202602789.753.15$85
Feb 202607263.503.75$270
Jan 20260059.138.00$0
Dec 20250156.664.41$4
Nov 2025178258.593.93$10,437
Oct 202502859.383.30$93
Sep 202507162.743.08$218
Aug 202548563.933.01$512
Jul 2025013866.743.32$458
Jun 202513810066.483.13$9,487
May 2025011860.553.23$381
Apr 202518310062.363.54$11,766
Mar 2025012667.704.27$538
Feb 2025014370.884.34$621
Jan 202518315674.324.28$14,268
Dec 2024023568.993.12$734
Nov 2024012969.052.20$284
Oct 20241677171.372.28$12,081
Sep 2024010569.612.36$248
Aug 2024112975.632.06$342
Jul 202408279.932.15$176
Jun 202416711578.082.63$13,342
May 2024114878.812.20$404
Apr 202416319084.451.66$14,081
Mar 2024114980.301.55$311
Feb 2024011076.091.78$196
Jan 202416010073.023.30$12,013
Dec 2023014871.262.61$386
Nov 202318216077.892.81$14,625
Oct 2023018685.443.09$574
Sep 2023022589.042.74$615
Aug 2023016880.522.67$449
Jul 202317526674.852.64$13,801
Jun 2023126268.962.26$661
May 2023025770.622.23$572
Apr 202318722878.122.24$15,119
Mar 2023017572.852.39$419
Feb 2023014375.112.47$353
Jan 202319031976.533.39$15,621
Dec 2022124576.415.73$1,480
Nov 2022033685.005.65$1,897
Oct 202218330287.185.86$17,725
Sep 2022026284.888.16$2,139
Aug 202219434994.529.13$21,522
Jul 20220256101.587.54$1,931
Jun 20220299115.097.98$2,385
May 2022186270109.378.43$22,620
Apr 20221210104.226.84$1,540
Mar 2022181279108.885.08$21,124
Feb 2022023291.054.86$1,127
Jan 2022124081.844.54$1,171
Dec 202118424471.323.90$14,074
Nov 2021021877.435.24$1,142
Oct 2021223979.795.71$1,525
Sep 202119023969.865.35$14,552
Aug 2021128666.024.22$1,273
Jul 202117724170.783.98$13,488
Jun 2021027269.493.38$920
May 2021020963.483.02$631
Apr 202118426560.362.76$11,837
Mar 202118937461.302.72$12,602
Feb 202119122757.805.55$12,299
Jan 2021025750.412.81$722
Dec 202019124944.642.68$9,192
Nov 2020022538.772.71$609
Oct 202018828636.972.48$7,659
Sep 2020031437.091.99$625
Aug 202018722839.982.39$8,020
Jul 2020026138.371.83$476
Jun 2020132034.901.69$576
May 2020223116.921.81$453
Apr 202032330814.751.80$5,320
Mar 2020329030.341.86$629
Feb 2020124149.881.98$527
Jan 202018424657.252.09$11,049
Dec 2019024159.012.30$555
Nov 2019028555.302.75$784
Oct 2019034253.472.42$827
Sep 201916828455.052.66$10,003
Aug 2019124553.112.30$618
Jul 201917333556.272.46$10,559
Jun 2019026252.782.49$653
May 201918025058.482.74$11,211
Apr 2019031462.632.75$864
Mar 201918926856.803.06$11,556
Feb 201918130150.852.79$10,044
Jan 201937032146.033.23$18,067
Dec 201818225246.594.19$9,534
Nov 201818026252.934.24$10,638
Oct 201817932561.443.40$12,102
Sep 2018023859.543.11$740
Aug 2018027859.403.07$853
Jul 201817831965.142.93$12,530
Jun 2018129860.183.08$977
May 201817236065.382.90$12,290
Apr 2018029463.842.90$853
Mar 201816633161.222.79$11,085
Feb 2018024661.782.77$680
Jan 201816929762.874.01$11,816
Dec 2017032357.272.92$944
Nov 201716544055.423.12$10,516
Oct 201717436949.292.98$9,677
Sep 2017018747.523.09$577
Aug 201716626745.373.00$8,334
Jul 201717443643.873.09$8,979
Jun 201718044842.493.09$9,031
May 2017146345.373.26$1,556
Apr 201717626447.933.21$9,284
Mar 2017035746.772.98$1,065
Feb 201718227050.452.95$9,979
Jan 2017037649.413.42$1,285
Dec 201617338248.763.72$9,858
Nov 2016039442.492.64$1,042
Oct 201617733246.193.09$9,202
Sep 201617036641.553.10$8,198
Aug 2016147241.442.92$1,422
Jul 201616930541.622.92$7,926
Jun 2016037345.352.69$1,002
May 201617130842.521.99$7,884
Apr 201616242136.561.99$6,761
Mar 2016051933.011.79$931
Feb 201616656026.472.06$5,550
Jan 201616835427.352.36$5,432
Dec 2015033932.362.00$678
Nov 2015032038.792.17$694
Oct 201516030943.552.43$7,718
Sep 201517239242.992.76$8,476
Aug 2015029240.162.87$839
Jul 201517747448.152.95$9,919
Jun 2015037456.152.88$1,078
May 201518328255.212.96$10,937
Apr 2015131149.822.71$892
Mar 201517333842.892.93$8,412
Feb 2015026544.662.98$789
Jan 201517225443.433.10$8,258
Dec 2014035454.693.59$1,271
Nov 201417530070.464.25$13,606
Oct 2014033878.303.90$1,319
Sep 201417746686.164.05$17,136
Aug 201417743289.394.04$17,565
Jul 201417659796.564.18$19,490
Jun 201417635398.164.74$18,948
May 2014046394.734.73$2,188
Apr 201418645795.944.81$20,043
Mar 2014041695.895.06$2,104
Feb 201417733397.406.19$19,302
Jan 2014032990.404.86$1,599
Dec 201317945091.824.35$18,395
Nov 2013140588.853.74$1,603
Oct 201317750997.423.78$19,167
Sep 2013178580104.113.72$20,688
Aug 2013179620104.253.52$20,845
Jul 2013180738102.523.72$21,197
Jun 2013060194.403.93$2,364
May 201318264594.834.15$19,935
Apr 201317937693.964.28$18,429
Mar 2013050993.623.91$1,992
Feb 201317861791.233.42$18,349
Jan 201318058891.603.42$18,499
Dec 201215630486.773.42$14,576
Nov 201217943686.953.62$17,145
Oct 2012062489.383.40$2,121
Sep 201218561394.672.92$19,303
Aug 201217860592.662.91$18,253
Jul 2012065785.133.02$1,985
Jun 201218162979.822.52$16,032
May 201217767291.612.49$17,887
Apr 2012184547101.652.00$19,796
Mar 2012178598105.052.22$20,028
Feb 2012179611101.102.57$19,667
Jan 201217475698.092.73$19,135
Dec 201118550596.873.24$19,557
Nov 2011055995.723.31$1,851
Oct 201118154684.983.65$17,373
Sep 201117956383.623.99$17,212
Aug 2011169683.404.15$2,971
Jul 201118065994.144.52$19,922
Jun 201117559492.904.64$19,014
May 2011068698.134.40$3,022
Apr 2011179590105.964.33$21,523
Mar 2011070996.364.06$2,877
Feb 201117042985.644.18$16,352
Jan 201117970386.504.59$18,709
Dec 201017961785.734.35$18,028
Nov 201018377480.843.80$17,731
Oct 201017869578.103.51$16,340
Sep 2010166872.633.98$2,731
Aug 201017871073.684.42$16,253
Jul 201017859572.554.74$15,732
Jun 2010078270.364.91$3,840
May 201018462571.124.24$15,733
Apr 201018264181.694.12$17,510
Mar 201035577778.394.39$31,238
Feb 201017755473.585.44$16,039
Jan 201018767574.365.96$17,931
Dec 2009072271.445.48$3,959
Nov 200918459274.593.75$15,945
Oct 200918368572.544.11$16,090
Sep 200918181465.543.06$14,357
Aug 2009062267.423.22$2,002
Jul 200918276761.133.46$13,783
Jun 200918387566.163.90$15,515
May 200917988054.743.93$13,253
Apr 200918177346.773.59$11,239
Mar 200917784442.144.06$10,885
Feb 200919083732.814.63$10,112
Jan 200918787135.865.37$11,384
Dec 200819084837.105.98$12,118
Nov 200811,00555.496.86$6,950
Oct 200818880475.246.92$19,710
Sep 2008190783101.767.88$25,502
Aug 2008190805114.228.48$28,531
Jul 200801,026131.0811.39$11,686
Jun 2008358761131.3313.03$56,934
May 200811,003123.1711.57$11,732
Apr 20081801,094110.3110.45$31,293
Mar 20081891,072101.909.66$29,619
Feb 20081881,29892.538.77$28,780
Jan 20081851,10190.388.21$25,755
Dec 200736385688.337.30$38,314
Nov 200717993591.677.29$23,227
Oct 20071791,07882.856.92$22,292
Sep 20071861,43975.846.24$23,092
Aug 20071771,03469.066.39$18,829
Jul 20071861,11770.906.39$20,323
Jun 200718792262.007.55$18,554
May 20071841,13458.747.85$19,706
Apr 200718099859.617.81$18,519
Mar 20071831,02656.927.30$17,908
Feb 200718396655.108.22$18,020
Jan 20073531,17350.306.73$25,647
Dec 20061831,08256.656.92$17,853
Nov 20061861,24554.207.62$19,565
Oct 200618083054.906.01$14,873
Sep 20063591,17260.085.04$27,472
Aug 20061771,35468.717.34$22,100
Jul 20061831,28969.376.34$20,871
Jun 20061761,13566.286.38$18,911
May 20063661,26966.016.42$32,313
Apr 20061811,52864.397.36$22,901
Mar 20063651,67056.707.08$32,524
Feb 20063691,25457.597.75$30,971
Jan 20061801,28860.598.93$22,412
Dec 20051861,31654.9413.42$27,874
Nov 200501,43654.6910.59$15,205
Oct 20053661,92058.3413.80$47,840
Sep 20051861,07661.4512.08$24,427
Aug 20053671,86461.519.80$40,835
Jul 20053591,90855.697.84$34,958
Jun 20051811,70352.337.38$22,042
May 20051861,86845.226.65$20,835
Apr 20053711,80049.207.36$31,502
Mar 20051852,56350.377.15$27,656
Feb 20053693,00745.226.31$35,666
Jan 20059093,86143.166.32$63,642
Dec 20047332,85839.866.75$48,512
Nov 20043601,46545.286.33$25,575
Oct 20041891,71749.706.52$20,580
Sep 20041891,76143.245.28$17,477
Aug 20043651,76842.375.55$25,279
Jul 20047381,82138.286.08$39,330
Jun 20043781,56636.106.43$23,720
May 20041691,59237.486.49$16,673
Apr 200421,57534.475.86$9,296
Mar 20041831,59834.365.53$15,125
Feb 20041851,70232.455.51$15,381
Jan 20041862,29332.036.30$20,403
Dec 20031883,77930.266.30$29,503
Nov 200352,94028.804.60$13,654
Oct 200319322928.174.76$6,527
Sep 20031901,07726.314.75$10,114
Aug 20033761,23029.765.13$17,499
Jul 20035781,26229.415.17$23,525
Jun 2003051428.565.98$3,075
May 200332438126.595.97$10,891
Apr 200320550626.675.41$8,203
Mar 200320099331.146.10$12,281
Feb 200318551433.487.93$10,268
Jan 200319339330.315.58$8,044
Dec 200220049426.914.85$7,780
Nov 200218030724.664.14$5,709
Oct 200219243826.464.23$6,933
Sep 200219564227.443.64$7,685
Aug 200218044425.963.16$6,078
Jul 200237961224.583.06$11,190
Jun 200219348523.733.34$6,199
May 200218857924.663.58$6,711
Apr 200219451223.653.51$6,386
Mar 200238966822.003.10$10,631
Feb 2002020018.222.38$475
Jan 200219243517.172.38$4,330
Dec 200119467816.932.36$4,887
Nov 200119362618.072.41$4,993
Oct 2001134519.782.53$892
Sep 200119452824.262.25$5,895
Aug 200118157024.873.05$6,242
Jul 20011941,00123.933.20$7,843
Jun 200119226424.563.82$5,725
May 200118486725.524.31$8,430
Apr 200137886224.685.34$13,928
Mar 20013881,05124.545.38$15,172
Feb 20011951,03627.755.77$11,386
Jan 20013871,19727.478.40$20,684
Dec 20003911,04226.889.12$20,016
Nov 20003531,20832.215.66$18,205
Oct 20001931,03331.235.15$11,343
Sep 20001931,10431.875.19$11,877
Aug 200019293129.644.54$9,918
Jul 20003761,38628.534.09$16,396
Jun 20001931,07429.304.40$10,378
May 20001921,03527.263.68$9,042
Apr 200038487524.513.12$12,138
Mar 20001931,09028.422.86$8,602
Feb 20001881,05727.622.73$8,074
Jan 20003821,11825.272.48$12,426
Dec 19993861,39224.282.42$12,746
Nov 19993761,10123.192.43$11,399
Oct 19991921,24120.982.80$7,508
Sep 19995701,34721.752.62$15,925
Aug 19993511,16719.262.88$10,116
Jul 19991881,24117.892.37$6,307
Jun 19991881,16915.942.36$5,758
May 19993561,56715.792.32$9,258
Apr 1999076915.102.21$1,698
Mar 19997181,39412.471.84$11,516
Feb 199901,0989.981.82$1,996
Jan 19993581,33210.381.90$6,247
Dec 19983591,3409.201.77$5,679
Nov 19983681,48310.892.19$7,249
Oct 19983491,57912.421.97$7,444
Sep 19983531,48212.592.08$7,531
Aug 19983571,84311.301.91$7,549
Jul 19983541,96911.742.24$8,561
Jun 19987122,10511.242.24$12,712
May 19983612,20612.622.21$9,423
Apr 19983641,88913.042.51$9,479
Mar 19983522,05012.802.31$9,240
Feb 19983621,60113.952.30$8,731
Jan 19983531,43714.702.15$8,286
Dec 19975551,69016.322.41$13,132
Nov 19973631,93918.193.09$12,591
Oct 19973602,44719.253.15$14,638
Sep 199711,01117.742.95$3,005
Aug 19973591,55317.862.55$10,379
Jul 19973491,58817.582.25$9,704
Jun 19977241,76217.242.26$16,459
May 19971922,21018.972.31$8,744
Apr 19973642,28017.882.08$11,257
Mar 19973642,73818.951.94$12,207
Feb 19975702,36520.492.21$16,896
Jan 19973662,61723.483.54$17,857
Dec 19965452,48323.32$12,709
Nov 19965442,75421.97$11,952
Oct 19966893,39823.31$16,061
Sep 19963582,96922.22$7,955
Aug 19967022,91120.26$14,223
Jul 19967093,55819.55$13,861
Jun 19963453,45918.73$6,462
May 19968853,87019.43$17,196
Apr 19967174,05221.51$15,423
Mar 19961,0934,81619.38$21,182
Feb 19967344,44016.98$12,463
Jan 19961,1094,89617.07$18,931
Dec 19953564,20417.19$6,120
Nov 19957244,16916.00$11,584
Oct 19951,4114,17715.43$21,772
Sep 19957164,56416.18$11,585
Aug 19955444,75315.92$8,660
Jul 19957274,07315.24$11,079
Jun 19957244,05016.41$11,881
May 19957164,04417.56$12,573
Apr 19959164,04217.73$16,241
Mar 19951,0974,24616.44$18,035
Feb 19957143,98616.58$11,838
Jan 19951,0845,02615.92$17,257
Dec 19947255,14315.03$10,897
Nov 19941,0815,50515.90$17,188
Oct 19941,0965,77815.58$17,076
Sep 19941,4505,77315.29$22,171
Aug 19947214,35716.13$11,630
Jul 19941,0754,84217.56$18,877
Jun 19941,0915,15817.09$18,645
May 19941,4406,42915.88$22,867
Apr 19941,4555,90914.14$20,574
Mar 19942,1936,78112.46$27,325
Feb 19941,0393,58912.50$12,988
Jan 19941,0982,57612.66$13,901
Dec 19931,6286,34112.33$20,073
Nov 19931,8356,90314.49$26,589
Oct 19933,1376,38115.85$49,721
Sep 19932,8653,36115.03$43,061
Aug 19932,5282,97315.66$39,588
Jul 19932,6862,82615.46$41,526
Jun 199375737916.79$12,710
May 19931,08790417.68$19,218
Apr 19933,2657,23918.05$58,933
Mar 19935,79215,06018.14$105,067
Feb 19936,14916,66017.90$110,067
Jan 199310,08438,32316.93$170,722

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        96 Mcf  × $  3.05 =       $292

────────────────────────────────────────────────────
Month total                                     $292

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/21755 is the state's own key, not one this site invented.