GILPIN

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 21844District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$7.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$127 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
OilDisposition201,615 bbl$6,736,054
Casinghead gasProduction520,339 Mcf$1,072,174
Total$7,808,228

260,574 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 30.1175, -96.8135. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.11746, -96.81348 · 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
13,301 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 13,301 ft.

Completions filed
Nov 1992
1 of 1 wells

1 well

42-14932677113,301 ftNov 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 2026012106.413.05$37
Apr 202611812398.932.87$12,027
Mar 202619148389.753.15$18,663
Feb 202618128263.503.75$12,551
Jan 2026038959.138.00$3,111
Dec 202536865356.664.41$23,733
Nov 2025019458.593.93$762
Oct 202518929559.383.30$12,198
Sep 20250362.743.08$9
Aug 202536855163.933.01$25,187
Jul 202506666.743.32$219
Jun 202524068366.483.13$18,092
May 20251918260.553.23$11,830
Apr 202518660862.363.54$13,753
Mar 20251767.704.27$98
Feb 202538167170.884.34$29,918
Jan 202504374.324.28$184
Dec 202419341168.993.12$14,598
Nov 20241713369.052.20$11,880
Oct 202419364271.372.28$15,239
Sep 20240669.612.36$14
Aug 202435770075.632.06$28,444
Jul 20241895179.932.15$15,216
Jun 202437986278.082.63$31,863
May 202403278.812.20$70
Apr 202418911984.451.66$16,158
Mar 2024035080.301.55$541
Feb 202419561176.091.78$15,927
Jan 202418738973.023.30$14,938
Dec 202318130371.262.61$13,689
Nov 202336095477.892.81$30,719
Oct 202318410285.443.09$16,036
Sep 202319140689.042.74$18,117
Aug 202319236180.522.67$16,425
Jul 202319058774.852.64$15,772
Jun 202318472768.962.26$14,331
May 202338465970.622.23$28,586
Apr 202338596378.122.24$32,231
Mar 202319338872.852.39$14,989
Feb 202319272275.112.47$16,201
Jan 202336690976.533.39$31,089
Dec 202239295676.415.73$35,430
Nov 20223901,47585.005.65$41,478
Oct 20221,1182,76887.185.86$113,698
Sep 202238039384.888.16$35,463
Aug 20220094.529.13$0
Jul 20227571,930101.587.54$91,452
Jun 20229532,077115.097.98$126,249
May 20229341,808109.378.43$117,399
Apr 2022758962104.226.84$85,577
Mar 20229661,142108.885.08$110,975
Feb 202277074391.054.86$73,719
Jan 202202881.844.54$127
Dec 20210071.323.90$0
Nov 20210377.435.24$16
Oct 202114679.795.71$343
Sep 202101669.865.35$86
Aug 20211919566.024.22$13,011
Jul 2021030670.783.98$1,219
Jun 202118930569.493.38$14,165
May 202118538663.483.02$12,909
Apr 202119325460.362.76$12,350
Mar 202119338461.302.72$12,874
Feb 2021018757.805.55$1,037
Jan 202118730750.412.81$10,289
Dec 202019032044.642.68$9,338
Nov 202018828338.772.71$8,055
Oct 202017942236.972.48$7,664
Sep 2020028937.091.99$575
Aug 202017941739.982.39$8,151
Jul 202019331338.371.83$7,977
Jun 202036459134.901.69$13,703
May 202018340116.921.81$3,824
Apr 202036529114.751.80$5,909
Mar 202034353730.341.86$11,403
Feb 202068457349.881.98$35,253
Jan 20201701057.252.09$9,753
Dec 20191609959.012.30$9,670
Nov 201918429755.302.75$10,992
Oct 201916631453.472.42$9,635
Sep 201917137255.052.66$10,402
Aug 201917029053.112.30$9,697
Jul 201917333556.272.46$10,559
Jun 201916444952.782.49$9,774
May 201917329658.482.74$10,928
Apr 201917031462.632.75$11,511
Mar 201916535656.803.06$10,462
Feb 201916730250.852.79$9,335
Jan 201918131946.033.23$9,361
Dec 201818133646.594.19$9,839
Nov 2018033152.934.24$1,403
Oct 201816441361.443.40$11,480
Sep 201816829159.543.11$10,907
Aug 201817339159.403.07$11,475
Jul 201816830365.142.93$11,832
Jun 201815833360.183.08$10,533
May 201817833765.382.90$12,615
Apr 201817836363.842.90$12,417
Mar 201819229461.222.79$12,574
Feb 2018027461.782.77$758
Jan 201818830762.874.01$13,050
Dec 201719135457.272.92$11,973
Nov 201719029355.423.12$11,443
Oct 201719429449.292.98$10,439
Sep 201719241347.523.09$10,399
Aug 2017024445.373.00$733
Jul 201719333943.873.09$9,514
Jun 201719144142.493.09$9,477
May 201718927845.373.26$9,482
Apr 201719230147.933.21$10,169
Mar 201718340546.772.98$9,767
Feb 201718630750.452.95$10,290
Jan 201718933349.413.42$10,477
Dec 201605748.763.72$212
Nov 2016178042.492.64$7,563
Oct 20161902146.193.09$8,841
Sep 201618222241.553.10$8,250
Aug 201618534541.442.92$8,675
Jul 2016033941.622.92$991
Jun 201618030745.352.69$8,988
May 201617933542.521.99$8,278
Apr 201618530836.561.99$7,377
Mar 201617836033.011.79$6,522
Feb 201618732226.472.06$5,614
Jan 201619438227.352.36$6,209
Dec 201509532.362.00$190
Nov 20150238.792.17$4
Oct 2015179243.552.43$7,800
Sep 201504742.992.76$130
Aug 201505340.162.87$152
Jul 20151797448.152.95$8,837
Jun 201518618056.152.88$10,963
May 201519236655.212.96$11,682
Apr 201519431049.822.71$10,504
Mar 201519129042.892.93$9,043
Feb 201519231944.662.98$9,524
Jan 2015032343.433.10$1,002
Dec 201438028854.693.59$21,817
Nov 2014032970.464.25$1,399
Oct 201419129978.303.90$16,122
Sep 201419233186.164.05$17,882
Aug 201419231589.394.04$18,434
Jul 201419241596.564.18$20,274
Jun 201419241798.164.74$20,822
May 2014030294.734.73$1,427
Apr 201419036195.944.81$19,965
Mar 201419131395.895.06$19,898
Feb 201419133897.406.19$20,696
Jan 201418550090.404.86$19,154
Dec 201318838091.824.35$18,917
Nov 201319336088.853.74$18,494
Oct 201319144497.423.78$20,285
Sep 2013367327104.113.72$39,424
Aug 2013181435104.253.52$20,402
Jul 20130392102.523.72$1,457
Jun 201319239494.403.93$19,675
May 201338451094.834.15$38,531
Apr 2013026993.964.28$1,152
Mar 201319634493.623.91$19,696
Feb 201319134391.233.42$18,598
Jan 201318941791.603.42$18,739
Dec 201237655686.773.42$34,527
Nov 201219240586.953.62$18,163
Oct 2012029089.383.40$986
Sep 201238735394.672.92$37,667
Aug 2012043192.662.91$1,253
Jul 201218449285.133.02$17,150
Jun 201218649079.822.52$16,081
May 201218842991.612.49$18,290
Apr 2012189438101.652.00$20,086
Mar 2012177458105.052.22$19,612
Feb 2012186444101.102.57$19,946
Jan 201218451998.092.73$19,468
Dec 201137356896.873.24$37,973
Nov 201118849295.723.31$19,625
Oct 201118960384.983.65$18,261
Sep 201117651283.623.99$16,758
Aug 201118769883.404.15$18,492
Jul 201136554194.144.52$36,805
Jun 201117361992.904.64$18,944
May 201118749598.134.40$20,531
Apr 2011183477105.964.33$21,458
Mar 201118658396.364.06$20,288
Feb 201119634685.644.18$18,232
Jan 201118154686.504.59$18,162
Dec 201019159185.734.35$18,944
Nov 201037865880.843.80$33,055
Oct 201019053878.103.51$16,727
Sep 201018987772.633.98$17,217
Aug 201037384773.684.42$31,226
Jul 201018123572.554.74$14,245
Jun 20101883670.364.91$13,404
May 201018968671.124.24$16,347
Apr 201018651281.694.12$17,305
Mar 201019451378.394.39$17,459
Feb 201019377773.585.44$18,430
Jan 201037474474.365.96$32,248
Dec 20093871,39271.445.48$35,281
Nov 20095711,14874.593.75$46,898
Oct 200938324772.544.11$28,798
Sep 200919011865.543.06$12,814
Aug 20090167.423.22$3
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200919118154.743.93$11,166
Apr 200936343246.773.59$18,527
Mar 2009018042.144.06$731
Feb 20091915432.814.63$6,517
Jan 200918625735.865.37$8,050
Dec 2008063837.105.98$3,813
Nov 200835564355.496.86$24,110
Oct 20083721,00975.246.92$34,974
Sep 20080279101.767.88$2,198
Aug 2008181548114.228.48$25,323
Jul 2008362578131.0811.39$54,034
Jun 20083681,153131.3313.03$63,356
May 2008367500123.1711.57$50,991
Apr 200800110.3110.45$0
Mar 200809101.909.66$87
Feb 200818463192.538.77$22,560
Jan 200837163890.388.21$38,766
Dec 200718153588.337.30$19,894
Nov 200734469391.677.29$36,588
Oct 200718063782.856.92$19,322
Sep 200718157075.846.24$17,286
Aug 200718176869.066.39$17,406
Jul 20078551,26470.906.39$68,694
Jun 200706362.007.55$476
May 200735588058.747.85$27,757
Apr 200736086159.617.81$28,180
Mar 200738313956.927.30$22,815
Feb 20070155.108.22$8
Jan 200703650.306.73$242
Dec 200637553556.656.92$24,945
Nov 200637878854.207.62$26,490
Oct 200618463154.906.01$13,896
Sep 200636066560.085.04$24,979
Aug 200636479168.717.34$30,816
Jul 200617572169.376.34$16,713
Jun 200635770566.286.38$28,163
May 200636583666.016.42$29,465
Apr 200654484664.397.36$41,255
Mar 2006036656.707.08$2,592
Feb 200637869457.597.75$27,148
Jan 2006083260.598.93$7,433
Dec 200536380454.9413.42$30,729
Nov 200536784054.6910.59$28,965
Oct 200536988758.3413.80$33,764
Sep 200536095361.4512.08$33,633
Aug 20055371,10461.519.80$43,847
Jul 20055261,94155.697.84$44,517
Jun 200517915852.337.38$10,533
May 200518769645.226.65$13,085
Apr 200535481749.207.36$23,430
Mar 20053651,85050.377.15$31,622
Feb 200541886745.226.31$24,374
Jan 200535985543.166.32$20,900
Dec 20043591,00639.866.75$21,101
Nov 200436987145.286.33$22,222
Oct 200417863949.706.52$13,010
Sep 20043561,21043.245.28$21,787
Aug 200417956642.375.55$10,726
Jul 200436195338.286.08$19,617
Jun 20041731,01036.106.43$12,743
May 200434395137.486.49$19,032
Apr 20045221,10034.475.86$24,438
Mar 200418577234.365.53$10,626
Feb 200434366332.455.51$14,783
Jan 200435881532.036.30$16,601
Dec 200335892330.266.30$16,649
Nov 200335496028.804.60$14,607
Oct 2003357028.174.76$10,057
Sep 200336487526.314.75$13,733
Aug 200317781729.765.13$9,459
Jul 200353364929.415.17$19,031
Jun 200353880728.565.98$20,194
May 200318087026.595.97$9,982
Apr 200335988326.675.41$14,349
Mar 200335982831.146.10$16,227
Feb 200334573633.487.93$17,384
Jan 200351280230.315.58$19,996
Dec 20025401,01926.914.85$19,477
Nov 200217686224.664.14$7,906
Oct 200217692126.464.23$8,552
Sep 200252890027.443.64$17,760
Aug 20023661,08225.963.16$12,925
Jul 20025311,05924.583.06$16,294
Jun 200236498823.733.34$11,936
May 20021751,02424.663.58$7,986
Apr 200235895423.653.51$11,817
Mar 20025361,01922.003.10$14,954
Feb 200236090718.222.38$8,714
Jan 200254199217.172.38$11,646
Dec 200134899316.932.36$8,239
Nov 200135797918.072.41$8,806
Oct 20013521,08319.782.53$9,701
Sep 20013551,23824.262.25$11,399
Aug 20015351,26124.873.05$17,155
Jul 20015231,38823.933.20$16,953
Jun 200134896424.563.82$12,233
May 20013581,11825.524.31$13,952
Apr 20013551,21024.685.34$15,217
Mar 20015321,20124.545.38$19,512
Feb 20015401,20127.755.77$21,911
Jan 20013641,11527.478.40$19,364
Dec 2000535026.889.12$14,381
Nov 20003561,20132.215.66$18,262
Oct 20003551,35031.235.15$18,033
Sep 20005011,27231.875.19$22,564
Aug 20005261,43329.644.54$22,098
Jul 20003561,46828.534.09$16,160
Jun 20005271,75029.304.40$23,136
May 20003541,34327.263.68$14,592
Apr 20005461,41524.513.12$17,792
Mar 20003581,43728.422.86$14,284
Feb 200053195427.622.73$17,267
Jan 20003571,45425.272.48$12,628
Dec 19997121,66724.282.42$21,328
Nov 19997191,47923.192.43$20,273
Oct 19995861,39720.982.80$16,211
Sep 19993631,45721.752.62$11,711
Aug 19995341,61919.262.88$14,940
Jul 19993501,66317.892.37$10,207
Jun 19997161,77915.942.36$15,615
May 19997061,94015.792.32$15,651
Apr 19993551,96515.102.21$9,699
Mar 19995361,77712.471.84$9,951
Feb 19995401,7569.981.82$8,581
Jan 19997101,86510.381.90$10,913
Dec 19983551,8329.201.77$6,515
Nov 19987211,94610.892.19$12,105
Oct 19983581,96912.421.97$8,324
Sep 19985422,20912.592.08$11,424
Aug 19983742,11211.301.91$8,255
Jul 19985722,21211.742.24$11,664
Jun 19983962,19611.242.24$9,364
May 19987772,28312.622.21$14,843
Apr 19985942,56513.042.51$14,172
Mar 19981,1864,53412.802.31$25,652
Feb 19981991,00713.952.30$5,091
Jan 199839474314.702.15$7,393
Dec 19975701,60216.322.41$13,165
Nov 19977451,65018.193.09$18,647
Oct 19971991,19819.253.15$7,604
Sep 19979723,02817.742.95$26,191
Aug 19975701,67017.862.55$14,447
Jul 19975672,46217.582.25$15,500
Jun 19977252,55817.242.26$18,273
May 19977222,80618.972.31$20,174
Apr 19971,0853,39117.882.08$26,463
Mar 19977273,85318.951.94$21,248
Feb 19971,2723,80320.492.21$34,452
Jan 19975356,39723.483.54$35,205
Dec 19967281,41423.32$16,977
Nov 19961,0841,15221.97$23,815
Oct 19967171,18223.31$16,713
Sep 19967201,25522.22$15,998
Aug 19965491,21420.26$11,123
Jul 19967311,93119.55$14,291
Jun 19969013,25818.73$16,876
May 19967303,64519.43$14,184
Apr 19961,2803,05721.51$27,533
Mar 19967243,67519.38$14,031
Feb 19967303,29016.98$12,395
Jan 19961,0813,72817.07$18,453
Dec 19951,0813,81917.19$18,582
Nov 19959393,82216.00$15,024
Oct 19951,0734,35015.43$16,556
Sep 19951,4233,78616.18$23,024
Aug 19951,0732,37115.92$17,082
Jul 19957033,72615.24$10,714
Jun 19951,4163,52516.41$23,237
May 19951,0773,65417.56$18,912
Apr 19951,1073,57417.73$19,627
Mar 19951,4315,19916.44$23,526
Feb 19951,0575,09116.58$17,525
Jan 19951,0883,76015.92$17,321
Dec 19941,4504,42515.03$21,794
Nov 19941,4804,54615.90$23,532
Oct 19941,7845,14115.58$27,795
Sep 19941,0713,56815.29$16,376
Aug 19941,7756,82016.13$28,631
Jul 19941,0523,09717.56$18,473
Jun 19941,4134,01917.09$24,148
May 19941,2404,65215.88$19,691
Apr 19941,4203,97214.14$20,079
Mar 19941,7766,79712.46$22,129
Feb 19941,7486,67512.50$21,850
Jan 19942,0998,40212.66$26,573
Dec 19932,6917,82812.33$33,180
Nov 19932,8766,73914.49$41,673
Oct 19932,8456,77915.85$45,093
Sep 19933,1917,09815.03$47,961
Aug 19933,3946,62915.66$53,150
Jul 19933,1848,74215.46$49,225
Jun 19933,2058,84216.79$53,812
May 19934,83312,77017.68$85,447
Apr 19934,55311,83418.05$82,182
Mar 19936,37918,08018.14$115,715
Feb 19935,97159717.90$106,881
Jan 199315,64627,04416.93$264,887

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        12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/21844 is the state's own key, not one this site invented.