HORNE 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 21808District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$14.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
OilDisposition256,543 bbl$10,081,323
Casinghead gasProduction1,365,352 Mcf$4,380,935
Total$14,462,258

429,802 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 30.2382, -96.6638. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23816, -96.66383 · 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
14,132 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 14,132 ft.

Completions filed
Oct 1992
1 of 1 wells

1 well

42-47730698114,132 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 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024152075.632.06$11,496
Jul 20244079.932.15$320
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20231089.042.74$89
Aug 202318627880.522.67$15,720
Jul 202318337874.852.64$14,696
Jun 20231841,09568.962.26$15,162
May 20233721,83870.622.23$30,365
Apr 20233621,30978.122.24$31,209
Mar 20231852,07372.852.39$18,438
Feb 202337060075.112.47$29,270
Jan 20233632,42376.533.39$35,989
Dec 202201576.415.73$86
Nov 20229236,71785.005.65$116,381
Oct 20227555,64187.185.86$98,898
Sep 20220384.888.16$24
Aug 20223772,16194.529.13$55,358
Jul 20221,98813,921101.587.54$306,934
Jun 20221,47114,230115.097.98$282,813
May 20222,74123,194109.378.43$495,379
Apr 20223,47026,409104.226.84$542,218
Mar 20224,84533,944108.885.08$699,837
Feb 20222,79313,58791.054.86$320,320
Jan 202219024581.844.54$16,661
Dec 2021013671.323.90$530
Nov 2021012177.435.24$634
Oct 202118435679.795.71$16,716
Sep 20213631,22669.865.35$31,919
Aug 20211791,70166.024.22$18,997
Jul 202118972870.783.98$16,276
Jun 20211921,94869.493.38$19,928
May 20215492,27363.483.02$41,710
Apr 20213612,00960.362.76$27,332
Mar 20215412,81661.302.72$40,814
Feb 20213521,97457.805.55$31,297
Jan 20215422,93750.412.81$35,576
Dec 20207133,17044.642.68$40,310
Nov 20205423,06538.772.71$29,309
Oct 20205321,86236.972.48$24,283
Sep 20200037.091.99$0
Aug 2020256839.982.39$1,435
Jul 20201811,00638.371.83$8,781
Jun 202017895734.901.69$7,830
May 202018197616.921.81$4,834
Apr 202017687514.751.80$4,175
Mar 202018199430.341.86$7,337
Feb 2020081149.881.98$1,606
Jan 202035387057.252.09$22,032
Dec 201917687559.012.30$12,402
Nov 201917293355.302.75$12,078
Oct 20191711,07053.472.42$11,731
Sep 20191741,05955.052.66$12,393
Aug 20191721,13453.112.30$11,748
Jul 201917095356.272.46$11,910
Jun 20191741,16752.782.49$12,091
May 201917387658.482.74$12,518
Apr 20191801,00262.632.75$14,030
Mar 20191871,04856.803.06$13,831
Feb 201918294650.852.79$11,896
Jan 201917694046.033.23$11,136
Dec 20181851,05046.594.19$13,014
Nov 20181921,05552.934.24$14,633
Oct 20181721,20661.443.40$14,666
Sep 20181831,20959.543.11$14,653
Aug 20181821,14959.403.07$14,334
Jul 20183541,16965.142.93$26,487
Jun 20181761,13560.183.08$14,084
May 20181801,17065.382.90$15,162
Apr 20181941,13463.842.90$15,674
Mar 20181931,15961.222.79$15,045
Feb 201818798161.782.77$14,266
Jan 20181881,14262.874.01$16,398
Dec 20171941,12057.272.92$14,382
Nov 20171911,12455.423.12$14,090
Oct 20171951,25849.292.98$13,365
Sep 20171771,18647.523.09$12,073
Aug 201719292545.373.00$11,490
Jul 20171941,19343.873.09$12,194
Jun 20171911,16042.493.09$11,697
May 20171871,19045.373.26$12,368
Apr 20171951,14147.933.21$13,011
Mar 20171911,18846.772.98$12,478
Feb 20171971,08950.452.95$13,154
Jan 20173901,21649.413.42$23,427
Dec 201601,10048.763.72$4,095
Nov 201618293142.492.64$10,195
Oct 20163641,23346.193.09$20,623
Sep 20161871,28641.553.10$11,757
Aug 20161881,39041.442.92$11,856
Jul 20163811,92441.622.92$21,484
Jun 20160045.352.69$0
May 201618982742.521.99$9,683
Apr 20161881,31836.561.99$9,497
Mar 20161941,40433.011.79$8,923
Feb 20161791,35026.472.06$7,524
Jan 20163801,86727.352.36$14,807
Dec 20150132.362.00$2
Nov 201518482938.792.17$8,934
Oct 20151781,39443.552.43$11,135
Sep 20151821,36342.992.76$11,584
Aug 20151881,28640.162.87$11,244
Jul 20151901,46448.152.95$13,460
Jun 20151901,36156.152.88$14,592
May 20151951,32955.212.96$14,694
Apr 20151891,19549.822.71$12,650
Mar 20151921,25442.892.93$11,915
Feb 20153761,16244.662.98$20,250
Jan 20151931,13243.433.10$11,892
Dec 20141791,21354.693.59$14,146
Nov 20143871,27470.464.25$32,685
Oct 20141941,38878.303.90$20,605
Sep 20141861,38586.164.05$21,629
Aug 20143801,50289.394.04$40,029
Jul 20141931,56696.564.18$25,181
Jun 20143791,55998.164.74$44,587
May 20141951,62094.734.73$26,129
Apr 20143801,64295.944.81$44,354
Mar 20141891,64695.895.06$26,447
Feb 20143931,76397.406.19$49,195
Jan 20141961,52690.404.86$25,136
Dec 20131951,87991.824.35$26,087
Nov 20133851,77288.853.74$40,831
Oct 20133871,86297.423.78$44,739
Sep 20131921,869104.113.72$26,938
Aug 20133791,951104.253.52$46,383
Jul 20133821,967102.523.72$46,475
Jun 20131871,92094.403.93$25,205
May 20133801,78994.834.15$43,458
Apr 20133781,28593.964.28$41,020
Mar 20131941,77793.623.91$25,115
Feb 20133891,91391.233.42$42,031
Jan 20133652,29691.603.42$41,286
Dec 20123702,08786.773.42$39,243
Nov 20123891,98686.953.62$41,023
Oct 20123702,06389.383.40$40,084
Sep 20121922,03094.672.92$24,101
Aug 20123832,13692.662.91$41,701
Jul 20123852,13685.133.02$39,227
Jun 20123682,10679.822.52$34,679
May 20123592,29391.612.49$38,594
Apr 20125252,274101.652.00$57,907
Mar 20125513,005105.052.22$64,560
Feb 20123432,154101.102.57$40,214
Jan 20123901,75398.092.73$43,048
Dec 20113481,84696.873.24$39,691
Nov 20113411,95595.723.31$39,114
Oct 20113792,05384.983.65$39,698
Sep 20113811,91583.623.99$39,492
Aug 20113732,38183.404.15$40,988
Jul 20113671,71194.144.52$42,278
Jun 20113731,78792.904.64$42,943
May 20111832,02098.134.40$26,856
Apr 20113871,927105.964.33$49,357
Mar 20113831,91396.364.06$44,668
Feb 20111951,70685.644.18$23,831
Jan 20113941,84186.504.59$42,529
Dec 20101951,94485.734.35$25,169
Nov 20103711,92880.843.80$37,309
Oct 20103881,92178.103.51$37,043
Sep 20101921,87572.633.98$21,406
Aug 20103691,93173.684.42$35,722
Jul 20103831,96672.554.74$37,099
Jun 20101922,02470.364.91$23,448
May 20103882,14171.124.24$36,662
Apr 20103801,77281.694.12$38,348
Mar 20103782,02778.394.39$38,527
Feb 20103861,92473.585.44$38,873
Jan 20103872,44274.365.96$43,342
Dec 20093872,21471.445.48$39,788
Nov 20093862,04674.593.75$36,467
Oct 20091942,15472.544.11$22,926
Sep 20093802,14365.543.06$31,473
Aug 20093812,22867.423.22$32,858
Jul 20093852,28261.133.46$31,441
Jun 20093842,17466.163.90$33,873
May 20091852,25654.743.93$18,983
Apr 20093892,11146.773.59$25,767
Mar 20093952,17942.144.06$25,490
Feb 20095852,43332.814.63$30,466
Jan 20091982,23835.865.37$19,121
Dec 20083932,25937.105.98$28,083
Nov 20083922,23055.496.86$37,051
Oct 20085852,78475.246.92$63,286
Sep 20083581,905101.767.88$51,436
Aug 20083872,310114.228.48$63,799
Jul 20081912,189131.0811.39$49,968
Jun 20083851,729131.3313.03$73,095
May 20085791,395123.1711.57$87,462
Apr 20083901,848110.3110.45$62,341
Mar 20083892,210101.909.66$60,997
Feb 20083892,34392.538.77$56,544
Jan 20085872,59090.388.21$74,306
Dec 20073902,81888.337.30$55,026
Nov 20075832,66491.677.29$72,869
Oct 20073702,49482.856.92$47,918
Sep 20073862,54775.846.24$45,178
Aug 20075762,78769.066.39$57,582
Jul 20073852,67070.906.39$44,352
Jun 20073862,75562.007.55$44,728
May 20073852,91358.747.85$45,471
Apr 20075902,70159.617.81$56,252
Mar 20073892,82156.927.30$42,741
Feb 20073902,49155.108.22$41,955
Jan 20075832,76350.306.73$47,911
Dec 20063942,96556.656.92$42,833
Nov 20065912,90454.207.62$54,153
Oct 20065862,91554.906.01$49,702
Sep 20063912,57760.085.04$36,472
Aug 20065873,35468.717.34$64,951
Jul 20063943,47669.376.34$49,379
Jun 20065853,44166.286.38$60,741
May 20065873,52366.016.42$61,383
Apr 20065923,39364.397.36$63,093
Mar 20067853,43856.707.08$68,861
Feb 20065943,18557.597.75$58,896
Jan 20067853,56160.598.93$79,375
Dec 20052001,76054.9413.42$34,599
Nov 20055872,92054.6910.59$63,021
Oct 20055903,11458.3413.80$77,381
Sep 20055863,16361.4512.08$74,216
Aug 20055873,37761.519.80$69,190
Jul 20055893,52055.697.84$60,411
Jun 20055733,40152.337.38$55,088
May 20055913,50445.226.65$50,031
Apr 20055923,54149.207.36$55,190
Mar 20055943,57850.377.15$55,520
Feb 20057903,39945.226.31$57,178
Jan 20055963,63143.166.32$48,679
Dec 20045983,71339.866.75$48,903
Nov 20045943,77245.286.33$50,775
Oct 20047924,17049.706.52$66,530
Sep 20045793,91543.245.28$45,722
Aug 20047834,30442.375.55$57,066
Jul 20047824,41838.286.08$56,815
Jun 20049074,31936.106.43$60,527
May 20047164,64337.486.49$56,990
Apr 20049154,65234.475.86$58,794
Mar 20047315,05934.365.53$53,094
Feb 20041,1034,82132.455.51$62,354
Jan 20049235,35332.036.30$63,286
Dec 20039265,58530.266.30$63,215
Nov 20031,1015,52928.804.60$57,115
Oct 20031,1075,86628.174.76$59,104
Sep 20031,2816,03526.314.75$62,366
Aug 20031,0725,27729.765.13$58,972
Jul 20031,4545,67829.415.17$72,122
Jun 20031,4605,59228.565.98$75,154
May 20039294,06126.595.97$48,957
Apr 20031,4894,67826.675.41$65,007
Mar 20031,4805,28931.146.10$78,329
Feb 20033892,73533.487.93$34,701
Jan 200332325130.315.58$11,191
Dec 20025682,95926.914.85$29,647
Nov 20025452,62624.664.14$24,303
Oct 20025413,14226.464.23$27,603
Sep 20027303,04727.443.64$31,108
Aug 20023613,16225.963.16$19,377
Jul 20028963,30824.583.06$32,152
Jun 20025543,29723.733.34$24,153
May 20025393,66824.663.58$26,438
Apr 20027233,58223.653.51$29,680
Mar 20027363,66522.003.10$27,563
Feb 20027152,40518.222.38$18,741
Jan 20023622,40517.172.38$11,929
Dec 20019172,71316.932.36$21,939
Nov 20015412,93618.072.41$16,838
Oct 20013563,29819.782.53$15,382
Sep 20017463,25724.262.25$25,431
Aug 20015423,47224.873.05$24,080
Jul 20018883,53423.933.20$32,548
Jun 200135467324.563.82$11,268
May 20017282,79125.524.31$30,600
Apr 20015682,89624.685.34$29,469
Mar 20017352,94424.545.38$33,865
Feb 20015452,66627.755.77$30,499
Jan 20015512,80327.478.40$38,678
Dec 20007292,94726.889.12$46,480
Nov 20007013,09132.215.66$40,068
Oct 20005423,28231.235.15$33,814
Sep 20007113,37631.875.19$40,169
Aug 20007233,49029.644.54$37,277
Jul 20007133,62428.534.09$35,163
Jun 20007303,14429.304.40$35,214
May 20005373,29527.263.68$26,763
Apr 20009223,63224.513.12$33,916
Mar 20007503,99928.422.86$32,751
Feb 20003643,76127.622.73$20,308
Jan 20001,2694,07025.272.48$42,163
Dec 19995534,15224.282.42$23,490
Nov 19995294,14323.192.43$22,352
Oct 19999224,38320.982.80$31,632
Sep 19997264,34721.752.62$27,175
Aug 19997424,65319.262.88$27,671
Jul 19999214,78417.892.37$27,826
Jun 19995584,70615.942.36$20,011
May 19999414,92715.792.32$26,294
Apr 19997444,71015.102.21$21,634
Mar 19999404,91912.471.84$20,765
Feb 19999204,4949.981.82$17,351
Jan 19997534,99610.381.90$17,308
Dec 19981,1164,9989.201.77$19,130
Nov 19989444,97510.892.19$21,154
Oct 19989375,38612.421.97$22,244
Sep 19987375,00712.592.08$19,707
Aug 19989235,69111.301.91$21,285
Jul 19981,0915,88211.742.24$25,968
Jun 19988855,67411.242.24$22,642
May 19981,1106,04512.622.21$27,346
Apr 19989246,05413.042.51$27,216
Mar 19981,3126,13912.802.31$30,971
Feb 19981,1275,17513.952.30$27,620
Jan 19989336,50414.702.15$27,730
Dec 19971,6666,96916.322.41$43,992
Nov 19979276,74118.193.09$37,680
Oct 19979464,06019.253.15$30,999
Sep 19973761,36117.742.95$10,692
Aug 19971,2475,15217.862.55$35,433
Jul 19971,0905,18917.582.25$30,822
Jun 19971,2825,19717.242.26$33,832
May 19971,3005,51518.972.31$37,392
Apr 19971,2955,50317.882.08$34,616
Mar 19971,4865,85618.951.94$39,515
Feb 19971,3025,30920.492.21$38,389
Jan 19971,6816,43623.483.54$62,251
Dec 19961,6586,25323.32$38,665
Nov 19963651,56021.97$8,019
Oct 19961,4615,48623.31$34,056
Sep 19965643,86622.22$12,532
Aug 19969144,18120.26$18,518
Jul 19969004,99119.55$17,595
Jun 19961,1035,01018.73$20,659
May 19969145,29419.43$17,759
Apr 19961,4975,20721.51$32,200
Mar 19969335,46919.38$18,082
Feb 19961,1234,68716.98$19,069
Jan 19961,3145,68717.07$22,430
Dec 19951,1195,19717.19$19,236
Nov 19959305,29116.00$14,880
Oct 19951,3025,42415.43$20,090
Sep 19951,3046,19216.18$21,099
Aug 19951,1026,73315.92$17,544
Jul 19951,4857,10115.24$22,631
Jun 19951,2966,81116.41$21,267
May 19951,3227,18317.56$23,214
Apr 19951,5007,41417.73$26,595
Mar 19951,7147,84316.44$28,178
Feb 19951,5107,42016.58$25,036
Jan 19951,8638,35815.92$29,659
Dec 19941,7008,99715.03$25,551
Nov 19941,8909,04915.90$30,051
Oct 19942,2559,54315.58$35,133
Sep 19941,8689,72815.29$28,562
Aug 19942,60910,76216.13$42,083
Jul 19942,40211,60917.56$42,179
Jun 19943,14212,17517.09$53,697
May 19943,32514,27815.88$52,801
Apr 19944,06716,91814.14$57,507
Mar 19948875,13312.46$11,052
Feb 19941,4607,10912.50$18,250
Jan 19941,6658,32512.66$21,079
Dec 19931,6989,00512.33$20,936
Nov 19931,9168,75614.49$27,763
Oct 19931,4969,55915.85$23,712
Sep 19931,84210,06115.03$27,685
Aug 19932,20211,04915.66$34,483
Jul 19931,98911,11415.46$30,750
Jun 19932,24810,41916.79$37,744
May 19931,4928,96217.68$26,379
Apr 19933,19117,65718.05$57,598
Mar 19933,56621,77618.14$64,687
Feb 19933,51319,27117.90$62,883
Jan 19934,85829,88916.93$82,246

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 2024 — as filed, then multipliedworked
Oil                  152 bbl  × $ 75.63 =    $11,496
Casinghead gas         0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                  $11,496

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/21808 is the state's own key, not one this site invented.