ISELT

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 21854District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$5.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$45 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
OilDisposition138,475 bbl$4,990,163
Casinghead gasProduction151,708 Mcf$314,246
Total$5,304,408

60,389 Mcf of this lease's gas, across 47 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 30.2608, -96.9035. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.26076, -96.90350 · 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
11,875 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 11,875 ft.

Completions filed
Nov 1992
1 of 1 wells

1 well

42-28732356111,875 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 202600106.413.05$0
Apr 202611098.932.87$128
Mar 20261989.753.15$118
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025167759.383.30$9,940
Sep 20250962.743.08$28
Aug 202552915463.933.01$34,283
Jul 202523566.743.32$250
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025171062.363.54$10,664
Mar 2025211767.704.27$635
Feb 202517317170.884.34$13,005
Jan 20251074.324.28$74
Dec 202409068.993.12$281
Nov 202416914969.052.20$11,997
Oct 2024114671.372.28$404
Sep 202417016069.612.36$12,212
Aug 202417922975.632.06$14,010
Jul 2024114279.932.15$385
Jun 202417026378.082.63$13,966
May 202417678.812.20$246
Apr 202405184.451.66$85
Mar 202417318080.301.55$14,170
Feb 202417112276.091.78$13,229
Jan 2024020073.023.30$660
Dec 202316720871.262.61$12,443
Nov 202317412977.892.81$13,915
Oct 2023126785.443.09$910
Sep 202317129989.042.74$16,044
Aug 202317411980.522.67$14,329
Jul 20230074.852.64$0
Jun 2023118168.962.26$478
May 202317123270.622.23$12,593
Apr 20231688078.122.24$13,303
Mar 202316672.852.39$231
Feb 202317717975.112.47$13,736
Jan 2023115076.533.39$585
Dec 202216016676.415.73$13,177
Nov 202217619885.005.65$16,078
Oct 202216021387.185.86$15,198
Sep 2022122284.888.16$1,897
Aug 202216921094.529.13$17,891
Jul 2022179211101.587.54$19,774
Jun 20220218115.097.98$1,739
May 2022177227109.378.43$21,273
Apr 2022161215104.226.84$18,250
Mar 20221209108.885.08$1,170
Feb 202217319191.054.86$16,680
Jan 202219728881.844.54$17,429
Dec 2021024671.323.90$959
Nov 202117528077.435.24$15,017
Oct 202116026179.795.71$14,258
Sep 2021022169.865.35$1,183
Aug 202117627366.024.22$12,772
Jul 202117923970.783.98$13,621
Jun 202117924669.493.38$13,270
May 2021026563.483.02$800
Apr 202117017060.362.76$10,730
Mar 202119125961.302.72$12,412
Feb 2021021157.805.55$1,171
Jan 202117526750.412.81$9,572
Dec 202017026344.642.68$8,292
Nov 202017024538.772.71$7,254
Oct 2020032236.972.48$798
Sep 202018024337.091.99$7,160
Aug 202018230639.982.39$8,006
Jul 202017928138.371.83$7,381
Jun 202018318934.901.69$6,706
May 2020023316.921.81$423
Apr 202018329914.751.80$3,239
Mar 202018437930.341.86$6,286
Feb 202017239649.881.98$9,364
Jan 202016854457.252.09$10,758
Dec 201918221059.012.30$11,224
Nov 201921727755.302.75$12,762
Oct 201916328253.472.42$9,398
Sep 201917229655.052.66$10,255
Aug 201917728253.112.30$10,050
Jul 201917730056.272.46$10,698
Jun 201935423952.782.49$19,280
May 2019020758.482.74$567
Apr 201918023362.632.75$11,914
Mar 201917728256.803.06$10,917
Feb 201916926050.852.79$9,320
Jan 201917432146.033.23$9,045
Dec 201818629346.594.19$9,892
Nov 201817331752.934.24$10,500
Oct 201818030461.443.40$12,092
Sep 201818232159.543.11$11,834
Aug 201817931659.403.07$11,602
Jul 201817830965.142.93$12,501
Jun 201836133560.183.08$22,756
May 201817931765.382.90$12,623
Apr 201818031263.842.90$12,396
Mar 201818128061.222.79$11,861
Feb 201818618561.782.77$12,003
Jan 201817136862.874.01$12,226
Dec 201737056557.272.92$22,841
Nov 201718138055.423.12$11,216
Oct 201719142049.292.98$10,668
Sep 201719535247.523.09$10,353
Aug 201718934445.373.00$9,608
Jul 201737337543.873.09$17,521
Jun 201719237342.493.09$9,310
May 201717944445.373.26$9,570
Apr 201736142347.933.21$18,661
Mar 201717938846.772.98$9,530
Feb 201717543250.452.95$10,104
Jan 201737245349.413.42$19,929
Dec 201618748448.763.72$10,920
Nov 201636345142.492.64$16,616
Oct 201618448046.193.09$9,982
Sep 201617951341.553.10$9,028
Aug 201636552641.442.92$16,664
Jul 201618760741.622.92$9,558
Jun 201636360445.352.69$18,084
May 201635666142.521.99$16,453
Apr 201618060836.561.99$7,791
Mar 201636983933.011.79$13,686
Feb 201636998026.472.06$11,790
Jan 20165451,45027.352.36$18,334
Dec 201573959032.362.00$25,095
Nov 201555253738.792.17$22,576
Oct 201572762643.552.43$33,180
Sep 201555458542.992.76$25,430
Aug 201572052740.162.87$30,429
Jul 201554587148.152.95$28,807
Jun 201571085056.152.88$42,317
May 201573793455.212.96$43,450
Apr 20159271,26649.822.71$49,610
Mar 20157581,21642.892.93$36,079
Feb 20155471,12944.662.98$27,789
Jan 20155371,02543.433.10$26,500
Dec 20145391,27754.693.59$34,064
Nov 20149181,14170.464.25$69,534
Oct 201491981578.303.90$75,137
Sep 201492644786.164.05$81,592
Aug 20143781889.394.04$33,862
Jul 20145661,11396.564.18$59,305
Jun 201455944298.164.74$56,965
May 201473951594.734.73$72,440
Apr 20145691,36795.944.81$61,164
Mar 201492538695.895.06$90,650
Feb 201474337597.406.19$74,690
Jan 20141,28364790.404.86$119,128
Dec 20131,66352091.824.35$154,961
Nov 20131,05316388.853.74$94,168
Oct 201391929397.423.78$90,636
Sep 2013728457104.113.72$77,491
Aug 201301104.253.52$4
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 201302293.964.28$94
Mar 20130293.623.91$8
Feb 2013170191.233.42$15,513
Jan 201304991.603.42$168
Dec 201204986.773.42$168
Nov 201218615386.953.62$16,727
Oct 201205289.383.40$177
Sep 201217516894.672.92$17,058
Aug 201205192.662.91$148
Jul 20121611085.133.02$13,736
Jun 201218163179.822.52$16,037
May 201218017991.612.49$16,935
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201217044101.102.57$17,300
Jan 201204798.092.73$129
Dec 2011015596.873.24$502
Nov 201117113195.723.31$16,802
Oct 201106584.983.65$237
Sep 201118015383.623.99$15,661
Aug 2011012283.404.15$506
Jul 201109194.144.52$411
Jun 20111768092.904.64$16,722
May 2011018598.134.40$815
Apr 2011178174105.964.33$19,615
Mar 201118214796.364.06$18,134
Feb 201104485.644.18$184
Jan 20111811286.504.59$15,712
Dec 2010034785.734.35$1,509
Nov 201018012180.843.80$15,010
Oct 2010025378.103.51$888
Sep 201017912272.633.98$13,486
Aug 2010012573.684.42$552
Jul 2010020172.554.74$952
Jun 201018014470.364.91$13,372
May 201017815871.124.24$13,329
Apr 2010014981.694.12$614
Mar 2010020078.394.39$878
Feb 201018014773.585.44$14,044
Jan 2010014574.365.96$865
Dec 200918320971.445.48$14,220
Nov 2009023274.593.75$870
Oct 200918123272.544.11$14,083
Sep 200918015165.543.06$12,260
Aug 200917817867.423.22$12,574
Jul 200918328061.133.46$12,157
Jun 2009018866.163.90$732
May 200918931754.743.93$11,590
Apr 200933342646.773.59$17,103
Mar 200955417742.144.06$24,064
Feb 20091919432.814.63$6,702
Jan 200918211835.865.37$7,160
Dec 200808937.105.98$532
Nov 200818810955.496.86$11,180
Oct 200807575.246.92$519
Sep 2008195121101.767.88$20,796
Aug 20080182114.228.48$1,544
Jul 2008189153131.0811.39$26,517
Jun 200818484131.3313.03$25,259
May 2008014123.1711.57$162
Apr 200819182110.3110.45$21,927
Mar 20080137101.909.66$1,324
Feb 20081907592.538.77$18,238
Jan 200819112190.388.21$18,255
Dec 2007013288.337.30$964
Nov 200719618991.677.29$19,345
Oct 200704582.856.92$311
Sep 20071964175.846.24$15,121
Aug 200704069.066.39$256
Jul 20071937270.906.39$14,144
Jun 200708562.007.55$642
May 20071833458.747.85$11,016
Apr 20071984759.617.81$12,170
Mar 200733956.927.30$456
Feb 200737117155.108.22$21,847
Jan 200708750.306.73$585
Dec 200611556.656.92$160
Nov 20061935054.207.62$10,841
Oct 200608454.906.01$505
Sep 200618912860.085.04$12,000
Aug 2006114768.717.34$1,148
Jul 200613412869.376.34$10,107
Jun 20061532266.286.38$10,281
May 200603966.016.42$251
Apr 20061844364.397.36$12,164
Mar 20061972856.707.08$11,368
Feb 200602457.597.75$186
Jan 2006178060.598.93$10,785
Dec 200501554.9413.42$201
Nov 2005177054.6910.59$9,680
Oct 20050358.3413.80$41
Sep 2005183061.4512.08$11,245
Aug 20050061.519.80$0
Jul 20051883355.697.84$10,729
Jun 200518612152.337.38$10,626
May 20053643245.226.65$16,673
Apr 20050049.207.36$0
Mar 20051836350.377.15$9,668
Feb 2005017445.226.31$1,098
Jan 20051835643.166.32$8,252
Dec 20041836239.866.75$7,713
Nov 20041834045.286.33$8,539
Oct 200408649.706.52$560
Sep 20041791943.245.28$7,840
Aug 20041784142.375.55$7,769
Jul 20041615838.286.08$6,516
Jun 20041772636.106.43$6,557
May 20041344237.486.49$5,295
Apr 20040734.475.86$41
Mar 20042315734.365.53$8,252
Feb 20041827632.455.51$6,325
Jan 200417611532.036.30$6,362
Dec 200318711630.266.30$6,390
Nov 200332116628.804.60$10,008
Oct 200318116128.174.76$5,865
Sep 20031408326.314.75$4,078
Aug 2003212129.765.13$680
Jul 200335813729.415.17$11,237
Jun 2003017728.565.98$1,059
May 200335616226.595.97$10,434
Apr 2003017626.675.41$952
Mar 200316918631.146.10$6,397
Feb 200316514333.487.93$6,658
Jan 200318112030.315.58$6,156
Dec 200235925526.914.85$10,898
Nov 2002016424.664.14$678
Oct 2002017526.464.23$740
Sep 200235115827.443.64$10,206
Aug 200233514525.963.16$9,155
Jul 2002021924.583.06$671
Jun 200217717923.733.34$4,798
May 200235620424.663.58$9,510
Apr 2002016223.653.51$569
Mar 200215320522.003.10$4,002
Feb 200217811918.222.38$3,526
Jan 200218119017.172.38$3,559
Dec 2001013616.932.36$322
Nov 200135224218.072.41$6,943
Oct 200117416719.782.53$3,864
Sep 200115523524.262.25$4,289
Aug 200151932324.873.05$13,894
Jul 2001014523.933.20$464
Jun 200135019324.563.82$9,334
May 2001021625.524.31$930
Apr 200135315024.685.34$9,512
Mar 200136016124.545.38$9,700
Feb 200101727.755.77$98
Jan 200104327.478.40$361
Dec 20003571826.889.12$9,760
Nov 200018414932.215.66$6,770
Oct 2000026431.235.15$1,358
Sep 200015618531.875.19$5,931
Aug 200052826929.644.54$16,871
Jul 200035528728.534.09$11,302
Jun 2000025329.304.40$1,113
May 200035533227.263.68$10,899
Apr 2000027524.513.12$857
Mar 200036325628.422.86$11,049
Feb 2000025927.622.73$706
Jan 200036220025.272.48$9,644
Dec 199936228624.282.42$9,483
Nov 1999025823.192.43$628
Oct 199935831220.982.80$8,386
Sep 199935532321.752.62$8,567
Aug 199936238119.262.88$8,068
Jul 199911824917.892.37$2,702
Jun 199918831015.942.36$3,729
May 199936125715.792.32$6,297
Apr 1999035015.102.21$773
Mar 199935632312.471.84$5,033
Feb 19991793029.981.82$2,335
Jan 199917733110.381.90$2,466
Dec 19985373399.201.77$5,542
Nov 199817838210.892.19$2,773
Oct 199818747012.421.97$3,248
Sep 199835331412.592.08$5,098
Aug 199853638711.301.91$6,795
Jul 199835140011.742.24$5,016
Jun 1998043811.242.24$980
May 199836942412.622.21$5,592
Apr 199835931413.042.51$5,468
Mar 199836442412.802.31$5,638
Feb 199836044113.952.30$6,036
Jan 199833150614.702.15$5,956
Dec 199736052816.322.41$7,148
Nov 199718366518.193.09$5,382
Oct 19973581,71619.253.15$12,297
Sep 19973781,74517.742.95$11,862
Aug 19973511,04817.862.55$8,946
Jul 199735843117.582.25$7,262
Jun 199735437917.242.26$6,958
May 199736641318.972.31$7,896
Apr 199735562617.882.08$7,651
Mar 199736555418.951.94$7,991
Feb 199735640720.492.21$8,192
Jan 199735543223.483.54$9,865
Dec 199635068423.32$8,162
Nov 199636445821.97$7,997
Oct 199635355923.31$8,228
Sep 199636361422.22$8,066
Aug 199636229020.26$7,334
Jul 199670945119.55$13,861
Jun 199636562118.73$6,836
May 199635967119.43$6,975
Apr 199637353421.51$8,023
Mar 199636164819.38$6,996
Feb 199636350916.98$6,164
Jan 199636655517.07$6,248
Dec 199572014617.19$12,377
Nov 1995365016.00$5,840
Oct 199536431815.43$5,617
Sep 199553930816.18$8,721
Aug 199536349615.92$5,779
Jul 199550241715.24$7,650
Jun 199571758016.41$11,766
May 199534569817.56$6,058
Apr 199570475817.73$12,482
Mar 199571360616.44$11,722
Feb 19951,03950216.58$17,227
Jan 199552874015.92$8,406
Dec 19941,02693715.03$15,421
Nov 199452345415.90$8,316
Oct 199435431715.58$5,515
Sep 199454036115.29$8,257
Aug 199452757616.13$8,501
Jul 19941,2522,13817.56$21,985
Jun 19946881,19517.09$11,758
May 19946871,39715.88$10,910
Apr 199471763614.14$10,138
Mar 19941,2603,36712.46$15,700
Feb 19941,0802,32012.50$13,500
Jan 19941,2592,45512.66$15,939
Dec 19931,6211,57412.33$19,987
Nov 19931,0951,36114.49$15,867
Oct 19931,6231,06315.85$25,725
Sep 19932,2401,76015.03$33,667
Aug 19933,3143,68615.66$51,897
Jul 19933,6893,41915.46$57,032
Jun 19935541,94916.79$9,302
May 199337617.68$53
Apr 199365460018.05$11,805
Mar 19938,74213,58018.14$158,580
Feb 19935,92621917.90$106,075
Jan 199314,2932,78616.93$241,980

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.

Apr 2026 — as filed, then multipliedworked
Oil                    1 bbl  × $ 98.93 =        $99
Casinghead gas        10 Mcf  × $  2.87 =        $29

────────────────────────────────────────────────────
Month total                                     $128

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/21854 is the state's own key, not one this site invented.