GIESE OIL 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 21842District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$6.3 M
Jan 1993 – Dec 2025
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
396
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
OilDisposition214,764 bbl$5,421,513
Casinghead gasProduction466,892 Mcf$859,616
Total$6,281,129

237,620 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 29.9189, -97.0033. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.91892, -97.00330 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,630 ft
1 wells filed one
Completion to plug
32.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 11,630 ft.

Completions filed
Dec 1992
1 of 1 wells
Plug dates filed
Jul 2025
1 of 1 wells

Last completion to plug: a median of 32.6 years across the 1 well that filed both dates, with the middle half between 32.6 years and 32.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14932703111,630 ftDec 1992Jul 2025Yes

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 (396)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

396 months

Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 202592063.933.01$5,882
Jul 20250066.743.32$0
Jun 202507566.483.13$235
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202504567.704.27$192
Feb 2025042070.884.34$1,823
Jan 2025046574.324.28$1,990
Dec 2024046568.993.12$1,451
Nov 2024027069.052.20$594
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024042075.632.06$867
Jul 2024045079.932.15$966
Jun 2024039078.082.63$1,027
May 2024042078.812.20$923
Apr 2024034584.451.66$572
Mar 2024045080.301.55$695
Feb 2024043576.091.78$776
Jan 2024016573.023.30$544
Dec 2023046571.262.61$1,214
Nov 20230077.892.81$0
Oct 202302285.443.09$68
Sep 202303689.042.74$98
Aug 202305980.522.67$158
Jul 202306574.852.64$172
Jun 202303568.962.26$79
May 202306870.622.23$151
Apr 202305378.122.24$119
Mar 202318535372.852.39$14,322
Feb 2023028075.112.47$690
Jan 2023041876.533.39$1,416
Dec 202216942676.415.73$15,354
Nov 2022164085.005.65$3,699
Oct 202218352787.185.86$19,044
Sep 202219342584.888.16$19,851
Aug 202218353194.529.13$22,144
Jul 2022185252101.587.54$20,693
Jun 20220209115.097.98$1,667
May 20220210109.378.43$1,771
Apr 2022185383104.226.84$21,900
Mar 2022186449108.885.08$22,531
Feb 202206191.054.86$296
Jan 202206681.844.54$299
Dec 202108471.323.90$328
Nov 2021014277.435.24$744
Oct 2021052779.795.71$3,011
Sep 2021013469.865.35$717
Aug 202119053666.024.22$14,806
Jul 2021049570.783.98$1,971
Jun 2021048869.493.38$1,650
May 202118852663.483.02$13,522
Apr 2021045060.362.76$1,241
Mar 2021020661.302.72$560
Feb 2021029457.805.55$1,631
Jan 202117951950.412.81$10,482
Dec 2020053344.642.68$1,426
Nov 202017256338.772.71$8,192
Oct 2020054136.972.48$1,341
Sep 2020052637.091.99$1,047
Aug 202018753439.982.39$8,750
Jul 2020053838.371.83$982
Jun 202018152234.901.69$7,199
May 2020053216.921.81$965
Apr 202017152314.751.80$3,466
Mar 2020059830.341.86$1,110
Feb 202017649949.881.98$9,767
Jan 2020070557.252.09$1,477
Dec 201918054559.012.30$11,878
Nov 2019063055.302.75$1,733
Oct 2019059953.472.42$1,449
Sep 201916662155.052.66$10,788
Aug 201917154053.112.30$10,326
Jul 2019063056.272.46$1,550
Jun 201916655252.782.49$10,137
May 2019051958.482.74$1,422
Apr 201916649862.632.75$11,766
Mar 2019064656.803.06$1,978
Feb 201917750850.852.79$10,419
Jan 2019062646.033.23$2,021
Dec 201818665946.594.19$11,424
Nov 2018052252.934.24$2,212
Oct 201817765461.443.40$13,097
Sep 201817858959.543.11$12,429
Aug 2018067559.403.07$2,070
Jul 201817856965.142.93$13,263
Jun 2018054260.183.08$1,668
May 201816863165.382.90$12,814
Apr 2018052863.842.90$1,532
Mar 201819366661.222.79$13,672
Feb 2018048961.782.77$1,353
Jan 201818258862.874.01$13,800
Dec 201719661357.272.92$13,016
Nov 2017054355.423.12$1,693
Oct 201719270649.292.98$11,570
Sep 201719383647.523.09$11,752
Aug 201755660845.373.00$27,052
Jul 2017056743.873.09$1,750
Jun 201718650742.493.09$9,468
May 2017055245.373.26$1,801
Apr 201717952747.933.21$10,272
Mar 2017055146.772.98$1,644
Feb 201719049450.452.95$11,044
Jan 201718351149.413.42$10,789
Dec 2016054448.763.72$2,025
Nov 2016052942.492.64$1,399
Oct 201617954846.193.09$9,961
Sep 201617852741.553.10$9,030
Aug 201617356141.442.92$8,810
Jul 201636583241.622.92$17,624
Jun 2016081345.352.69$2,184
May 201619179142.521.99$9,696
Apr 201618275836.561.99$8,163
Mar 201619484433.011.79$7,918
Feb 201637979526.472.06$11,673
Jan 201619684227.352.36$7,351
Dec 201518581932.362.00$7,626
Nov 201508838.792.17$191
Oct 2015083543.552.43$2,026
Sep 201518581842.992.76$10,210
Aug 2015085140.162.87$2,444
Jul 2015083048.152.95$2,444
Jun 201518559756.152.88$12,109
May 201519064955.212.96$12,408
Apr 2015065049.822.71$1,759
Mar 2015066442.892.93$1,949
Feb 201518258844.662.98$9,878
Jan 2015065243.433.10$2,022
Dec 2014065954.693.59$2,367
Nov 201418463670.464.25$15,669
Oct 2014066478.303.90$2,590
Sep 2014064886.164.05$2,621
Aug 201418367689.394.04$19,086
Jul 2014067196.564.18$2,805
Jun 2014063998.164.74$3,027
May 201418868594.734.73$21,047
Apr 2014066295.944.81$3,184
Mar 201419468695.895.06$22,072
Feb 2014062097.406.19$3,839
Jan 201418468890.404.86$19,978
Dec 201319368591.824.35$20,704
Nov 2013066688.853.74$2,490
Oct 201317769897.423.78$19,881
Sep 20130659104.113.72$2,450
Aug 2013177722104.253.52$20,996
Jul 2013181686102.523.72$21,106
Jun 201319265694.403.93$20,705
May 2013069294.834.15$2,871
Apr 201317967993.964.28$19,727
Mar 201318070093.623.91$19,591
Feb 201318562691.233.42$19,018
Jan 201318669191.603.42$19,401
Dec 201219169786.773.42$18,957
Nov 2012068686.953.62$2,487
Oct 201218771589.383.40$19,145
Sep 201219069994.672.92$20,027
Aug 201219073592.662.91$19,743
Jul 201219373885.133.02$18,659
Jun 201218971879.822.52$16,895
May 201218871791.612.49$19,007
Apr 2012184703101.652.00$20,107
Mar 2012193720105.052.22$21,875
Feb 2012193697101.102.57$21,304
Jan 201219571698.092.73$21,085
Dec 201119173696.873.24$20,887
Nov 201118987395.723.31$20,982
Oct 201119585484.983.65$19,687
Sep 201119673483.623.99$19,315
Aug 201119175683.404.15$19,066
Jul 201118078894.144.52$20,505
Jun 201118775792.904.64$20,885
May 201138279098.134.40$40,965
Apr 2011189739105.964.33$23,229
Mar 201116774196.364.06$19,099
Feb 201118868085.644.18$18,943
Jan 201118585586.504.59$19,926
Dec 201038182285.734.35$36,237
Nov 201019376480.843.80$18,502
Oct 201037176278.103.51$31,649
Sep 201018574572.633.98$16,401
Aug 201018676073.684.42$17,063
Jul 201018677772.554.74$17,175
Jun 201018875170.364.91$16,915
May 201018776271.124.24$16,527
Apr 201018275081.694.12$17,960
Mar 201019075578.394.39$18,208
Feb 201019587973.585.44$19,132
Jan 201019173174.365.96$18,563
Dec 200918772471.445.48$17,330
Nov 200918669074.593.75$16,462
Oct 200918573072.544.11$16,420
Sep 200918584965.543.06$14,727
Aug 200918774967.423.22$15,018
Jul 200918584261.133.46$14,226
Jun 200919371166.163.90$15,538
May 200919484854.743.93$13,949
Apr 200919685846.773.59$12,245
Mar 200919789442.144.06$11,930
Feb 20091861,06532.814.63$11,037
Jan 200919853935.865.37$9,995
Dec 200824910237.105.98$9,848
Nov 200834915655.496.86$20,436
Oct 200818716575.246.92$15,212
Sep 2008197191101.767.88$21,551
Aug 2008181113114.228.48$21,632
Jul 2008188167131.0811.39$26,545
Jun 2008179169131.3313.03$25,711
May 2008196186123.1711.57$26,294
Apr 20081298110.3110.45$3,226
Mar 2008363169101.909.66$38,623
Feb 200818918592.538.77$19,111
Jan 200818018790.388.21$17,803
Dec 200717019888.337.30$16,462
Nov 200717631291.677.29$18,409
Oct 200718418282.856.92$16,504
Sep 200718434675.846.24$16,115
Aug 200717919469.066.39$13,601
Jul 200717937670.906.39$15,093
Jun 200735834262.007.55$24,778
May 200718132658.747.85$13,190
Apr 200718238559.617.81$13,854
Mar 200718535756.927.30$13,137
Feb 200718232055.108.22$12,657
Jan 200734817250.306.73$18,661
Dec 200618759256.656.92$14,689
Nov 200619031154.207.62$12,667
Oct 200633959754.906.01$22,201
Sep 200617931660.085.04$12,346
Aug 200617834468.717.34$14,755
Jul 200634635769.376.34$26,266
Jun 200637051066.286.38$27,779
May 200617919866.016.42$13,088
Apr 200618928564.397.36$14,267
Mar 200617738056.707.08$12,727
Feb 200619236657.597.75$13,894
Jan 200618438660.598.93$14,597
Dec 200518793354.9413.42$22,790
Nov 200536835054.6910.59$23,832
Oct 200518129258.3413.80$14,588
Sep 200518141261.4512.08$16,099
Aug 200535158261.519.80$27,292
Jul 200517945755.697.84$13,553
Jun 200518818352.337.38$11,189
May 200519041345.226.65$11,339
Apr 200518361149.207.36$13,501
Mar 200535843250.377.15$21,123
Feb 200518441545.226.31$10,940
Jan 200518465543.166.32$12,082
Dec 200436840839.866.75$17,423
Nov 200418457945.286.33$11,997
Oct 200418036249.706.52$11,304
Sep 200435943743.245.28$17,832
Aug 200417960042.375.55$10,915
Jul 200435240838.286.08$15,957
Jun 200418360736.106.43$10,511
May 200418656137.486.49$10,615
Apr 200435333634.475.86$14,136
Mar 200418075534.365.53$10,360
Feb 200433249532.455.51$13,501
Jan 200418360332.036.30$9,660
Dec 200337151930.266.30$14,497
Nov 200318145328.804.60$7,294
Oct 200336370628.174.76$13,586
Sep 200336389026.314.75$13,777
Aug 200317952129.765.13$8,000
Jul 200318455729.415.17$8,292
Jun 200335167228.565.98$14,045
May 200318454426.595.97$8,142
Apr 200335257826.675.41$12,513
Mar 200336256231.146.10$14,699
Feb 200318244833.487.93$9,644
Jan 200318264930.315.58$9,139
Dec 200236268026.914.85$13,042
Nov 200235466224.664.14$11,468
Oct 200234292126.464.23$12,944
Sep 200217863827.443.64$7,204
Aug 200233766325.963.16$10,846
Jul 200233276824.583.06$10,512
Jun 200251179623.733.34$14,783
May 200236191024.663.58$12,164
Apr 20023541,08723.653.51$12,190
Mar 200252895522.003.10$14,579
Feb 200236382118.222.38$8,564
Jan 200236687617.172.38$8,365
Dec 200134629916.932.36$6,565
Nov 20015291,27118.072.41$12,616
Oct 20015411,26319.782.53$13,895
Sep 20015411,24524.262.25$15,928
Aug 200135891024.873.05$11,682
Jul 20015121,32223.933.20$16,479
Jun 20015461,15424.563.82$17,823
May 200153395925.524.31$17,733
Apr 200117851624.685.34$7,146
Mar 20015481,35624.545.38$20,738
Feb 200137863127.755.77$14,129
Jan 200154991327.478.40$22,749
Dec 20003411,33326.889.12$21,326
Nov 200036645032.215.66$14,335
Oct 200035286531.235.15$15,444
Sep 200018078631.875.19$9,813
Aug 20006781,94029.644.54$28,905
Jul 200017962428.534.09$7,659
Jun 200035862029.304.40$13,216
May 200035861027.263.68$12,004
Apr 200053760924.513.12$15,060
Mar 200036168128.422.86$12,207
Feb 200039487227.622.73$13,260
Jan 20003871,38325.272.48$13,210
Dec 19996001,84924.282.42$19,049
Nov 19997921,91923.192.43$23,037
Oct 19999831,27620.982.80$24,201
Sep 199919938021.752.62$5,323
Aug 1999040619.262.88$1,167
Jul 199919645517.892.37$4,586
Jun 199938765015.942.36$7,704
May 199917957715.792.32$4,166
Apr 199919154115.102.21$4,079
Mar 199918560912.471.84$3,426
Feb 19995818139.981.82$7,276
Jan 19993811,19910.381.90$6,233
Dec 19984007969.201.77$5,092
Nov 19983741,47510.892.19$7,297
Oct 19985671,35812.421.97$9,716
Sep 19985701,66912.592.08$10,652
Aug 19983791,81111.301.91$7,737
Jul 19987222,00911.742.24$12,971
Jun 19983691,38611.242.24$7,248
May 19985621,80912.622.21$11,084
Apr 19985531,16813.042.51$10,137
Mar 19985482,04012.802.31$11,726
Feb 19985731,91913.952.30$12,405
Jan 19987593,24514.702.15$18,150
Dec 19977812,79316.322.41$19,480
Nov 19977532,24318.193.09$20,624
Oct 19977321,87619.253.15$20,000
Sep 19977301,88417.742.95$18,517
Aug 19977442,16517.862.55$18,819
Jul 19977422,17117.582.25$17,922
Jun 19975602,04417.242.26$14,268
May 19979351,27218.972.31$20,673
Apr 199755094617.882.08$11,804
Mar 19978712,72618.951.94$21,792
Feb 19979462,83120.492.21$25,628
Jan 19977741,32423.483.54$22,860
Dec 19967711,88723.32$17,980
Nov 19969872,34521.97$21,684
Oct 19965641,66123.31$13,147
Sep 19967582,10422.22$16,843
Aug 19969442,86820.26$19,125
Jul 19961,1422,89319.55$22,326
Jun 19969441,87718.73$17,681
May 19969732,30419.43$18,905
Apr 19969572,73521.51$20,585
Mar 19961,1342,48119.38$21,977
Feb 19969583,43916.98$16,267
Jan 19961,1412,86117.07$19,477
Dec 19951,1242,24117.19$19,322
Nov 19951,1143,49316.00$17,824
Oct 19951,5014,57115.43$23,160
Sep 19951,1363,44016.18$18,380
Aug 19951,2804,47815.92$20,378
Jul 19951,4686,36615.24$22,372
Jun 19951,7094,79916.41$28,045
May 19951,4766,73217.56$25,919
Apr 19951,7705,58817.73$31,382
Mar 19951,5055,94816.44$24,742
Feb 19951,7177,08616.58$28,468
Jan 19952,2868,95415.92$36,393
Dec 19942,5267,14515.03$37,966
Nov 19942,5886,23615.90$41,149
Oct 19942,9726,42615.58$46,304
Sep 19942,6438,05915.29$40,411
Aug 19942,9378,94016.13$47,374
Jul 19943,0738,64917.56$53,962
Jun 19943,55612,37717.09$60,772
May 19943,2978,95915.88$52,356
Apr 19942,4472,65414.14$34,601
Mar 19944,4434,18112.46$55,360
Feb 19944,9488,21412.50$61,850
Jan 19947,05314,04412.66$89,291
Dec 19934,6127,16812.33$56,866
Nov 19936,9385,55314.49$100,532
Oct 19935,8673,63815.85$92,992
Sep 19935,8533,65615.03$87,971
Aug 19936,6763,93415.66$104,546
Jul 19936,7024,09015.46$103,613
Jun 19937,0003,93416.79$117,530
May 19936,7744,42817.68$119,764
Apr 19936,7623,95618.05$122,054
Mar 19935,5863,62518.14$101,330
Feb 19932,3961,46817.90$42,888
Jan 19934,2833,13516.93$72,511

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                   92 bbl  × $ 63.93 =     $5,882
Casinghead gas         0 Mcf  × $  3.01 =         $0

────────────────────────────────────────────────────
Month total                                   $5,882

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/21842 is the state's own key, not one this site invented.