SCHULZ-ARMSTRONG 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 21865District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$12.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$90 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
OilDisposition341,555 bbl$7,452,667
Casinghead gasProduction2,348,790 Mcf$4,843,959
Total$12,296,626

1,282,819 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 30.0310, -96.8826. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.03102, -96.88263 · 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
13,619 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 13,619 ft.

Completions filed
Jan 1993
1 of 1 wells

1 well

42-14932605113,619 ftJan 1993

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 20260828106.413.05$2,522
Apr 202617987698.932.87$20,222
Mar 2026094689.753.15$2,979
Feb 2026078563.503.75$2,944
Jan 202618088159.138.00$17,690
Dec 2025092656.664.41$4,087
Nov 202518695158.593.93$14,632
Oct 2025090259.383.30$2,981
Sep 202501,04462.743.08$3,212
Aug 202518090063.933.01$14,221
Jul 2025070266.743.32$2,327
Jun 2025083566.483.13$2,612
May 202518695360.553.23$14,343
Apr 2025093662.363.54$3,316
Mar 202518792567.704.27$16,608
Feb 2025089670.884.34$3,889
Jan 2025095474.324.28$4,082
Dec 20241691,02668.993.12$14,862
Nov 2024099569.052.20$2,187
Oct 20241731,08271.372.28$14,815
Sep 202401,05569.612.36$2,494
Aug 20241801,10175.632.06$15,885
Jul 20241841,26279.932.15$17,416
Jun 202401,40678.082.63$3,703
May 202417674578.812.20$15,508
Apr 2024057784.451.66$957
Mar 2024060780.301.55$938
Feb 2024055676.091.78$992
Jan 2024057373.023.30$1,890
Dec 2023050171.262.61$1,308
Nov 202317269677.892.81$15,351
Oct 2023071485.443.09$2,204
Sep 2023085489.042.74$2,336
Aug 202318284180.522.67$16,903
Jul 2023078274.852.64$2,066
Jun 202319484468.962.26$15,284
May 2023073270.622.23$1,630
Apr 2023075478.122.24$1,687
Mar 202319486272.852.39$16,196
Feb 2023073375.112.47$1,807
Jan 202318695476.533.39$17,466
Dec 202219195276.415.73$20,048
Nov 20221941,00485.005.65$22,159
Oct 202218893587.185.86$21,872
Sep 202201,33484.888.16$10,890
Aug 2022072094.529.13$6,572
Jul 20220811101.587.54$6,117
Jun 2022193842115.097.98$28,929
May 202201,006109.378.43$8,484
Apr 202201,215104.226.84$8,308
Mar 20220981108.885.08$4,980
Feb 20221931,02291.054.86$22,538
Jan 202201,24981.844.54$5,668
Dec 202101,19871.323.90$4,671
Nov 20211861,26677.435.24$21,032
Oct 202101,24779.795.71$7,125
Sep 20211941,12469.865.35$19,567
Aug 202101,21566.024.22$5,128
Jul 202101,38970.783.98$5,531
Jun 202101,14869.493.38$3,881
May 20211931,34763.483.02$16,316
Apr 202101,27160.362.76$3,506
Mar 202101,36861.302.72$3,717
Feb 20211891,23557.805.55$17,776
Jan 202101,47450.412.81$4,142
Dec 20201631,44644.642.68$11,145
Nov 20201711,39038.772.71$10,392
Oct 202001,53736.972.48$3,809
Sep 20201831,48137.091.99$9,736
Aug 202001,40739.982.39$3,356
Jul 20201871,18838.371.83$9,343
Jun 202001,40034.901.69$2,366
May 20201801,48816.921.81$5,746
Apr 20201771,43614.751.80$5,202
Mar 202001,32530.341.86$2,460
Feb 202001,15749.881.98$2,292
Jan 2020080957.252.09$1,695
Dec 20191611,31759.012.30$12,535
Nov 201901,26055.302.75$3,466
Oct 201901,30853.472.42$3,163
Sep 20191581,30755.052.66$12,171
Aug 201901,28153.112.30$2,952
Jul 20191821,32556.272.46$13,501
Jun 201901,32552.782.49$3,301
May 201901,34458.482.74$3,683
Apr 20191581,31162.632.75$13,502
Mar 201901,40156.803.06$4,290
Feb 20191661,26250.852.79$11,965
Jan 201901,42546.033.23$4,600
Dec 20181811,47546.594.19$14,606
Nov 201801,48652.934.24$6,297
Oct 201801,46561.443.40$4,978
Sep 20181861,41859.543.11$15,482
Aug 201801,42459.403.07$4,367
Jul 201801,49665.142.93$4,386
Jun 20181661,50460.183.08$14,618
May 20181831,59065.382.90$16,577
Apr 201801,53963.842.90$4,464
Mar 201801,57361.222.79$4,384
Feb 20181901,32661.782.77$15,406
Jan 201801,39062.874.01$5,573
Dec 20171921,43457.272.92$15,185
Nov 201701,47655.423.12$4,603
Oct 20171941,51849.292.98$14,091
Sep 201701,53847.523.09$4,748
Aug 201701,54945.373.00$4,654
Jul 20171821,57443.873.09$12,844
Jun 201701,47742.493.09$4,560
May 20171931,49945.373.26$13,648
Apr 20171921,49047.933.21$13,988
Mar 201701,53846.772.98$4,589
Feb 201702350.452.95$68
Jan 20171751,49049.413.42$13,741
Dec 2016092948.763.72$3,459
Nov 201618989842.492.64$10,405
Oct 201601,59146.193.09$4,917
Sep 20161911,52441.553.10$12,661
Aug 201601,72841.442.92$5,053
Jul 20161881,69741.622.92$12,787
Jun 201601,67945.352.69$4,510
May 20161901,68942.521.99$11,442
Apr 20161921,42936.561.99$9,865
Mar 201601,49633.011.79$2,684
Feb 201601,54626.472.06$3,190
Jan 20161951,61627.352.36$9,154
Dec 201501,61432.362.00$3,230
Nov 20151941,69338.792.17$11,195
Oct 201501,87543.552.43$4,550
Sep 20151781,83342.992.76$12,708
Aug 201501,66340.162.87$4,777
Jul 201501,98948.152.95$5,858
Jun 20151881,70856.152.88$15,480
May 201501,68855.212.96$4,989
Apr 20151931,64249.822.71$14,059
Mar 201501,80742.892.93$5,303
Feb 20151801,67844.662.98$13,033
Jan 20151901,81443.433.10$13,876
Dec 201401,74554.693.59$6,267
Nov 20141961,83070.464.25$21,591
Oct 201401,98078.303.90$7,724
Sep 20141881,91986.164.05$23,961
Aug 201401,95989.394.04$7,905
Jul 20141841,91096.564.18$25,750
Jun 201401,99098.164.74$9,426
May 20141892,09594.734.73$27,806
Apr 20141932,07995.944.81$28,515
Mar 201402,23295.895.06$11,287
Feb 20141952,10797.406.19$32,040
Jan 20141932,47190.404.86$29,458
Dec 201302,58391.824.35$11,248
Nov 20131882,59988.853.74$26,420
Oct 20131863,14997.423.78$30,021
Sep 201301,471104.113.72$5,469
Aug 20131922,226104.253.52$27,857
Jul 201302,120102.523.72$7,882
Jun 20131921,94794.403.93$25,783
May 201302,06294.834.15$8,555
Apr 20131941,99193.964.28$26,755
Mar 201302,11893.623.91$8,287
Feb 20131932,10691.233.42$24,810
Jan 201302,41091.603.42$8,242
Dec 20121952,38686.773.42$25,081
Nov 201202,47186.953.62$8,957
Oct 201202,55889.383.40$8,696
Sep 20121852,56094.672.92$24,985
Aug 201202,66492.662.91$7,747
Jul 20121742,54085.133.02$22,485
Jun 20121922,23879.822.52$20,963
May 201202,16291.612.49$5,380
Apr 20121902,142101.652.00$23,591
Mar 201202,242105.052.22$4,982
Feb 20121841,985101.102.57$23,704
Jan 201202,20798.092.73$6,034
Dec 20111962,17796.873.24$26,039
Nov 20111952,25695.723.31$26,136
Oct 201102,52884.983.65$9,224
Sep 201101,85783.623.99$7,402
Aug 20111912,13083.404.15$24,767
Jul 20111922,36694.144.52$28,763
Jun 201102,16292.904.64$10,031
May 20111932,35598.134.40$29,312
Apr 201102,239105.964.33$9,702
Mar 20111942,25496.364.06$27,839
Feb 20111921,91885.644.18$24,460
Jan 201102,16686.504.59$9,939
Dec 20101942,38385.734.35$26,992
Nov 201002,29580.843.80$8,710
Oct 20101932,55578.103.51$24,039
Sep 201002,38372.633.98$9,483
Aug 20101862,41673.684.42$24,382
Jul 201002,50472.554.74$11,860
Jun 20101932,41370.364.91$25,428
May 201002,25271.124.24$9,538
Apr 20101942,46081.694.12$25,990
Mar 20101962,61078.394.39$26,819
Feb 201002,38573.585.44$12,980
Jan 20101882,50174.365.96$28,896
Dec 200902,65271.445.48$14,543
Nov 20091922,63774.593.75$24,214
Oct 200902,68572.544.11$11,036
Sep 20091902,75165.543.06$20,884
Aug 20091922,87767.423.22$22,204
Jul 200902,86761.133.46$9,933
Jun 20091882,66166.163.90$22,803
May 200902,71254.743.93$10,647
Apr 20091962,64546.773.59$18,656
Mar 20091952,75042.144.06$19,380
Feb 200902,48032.814.63$11,490
Jan 20091962,78135.865.37$21,965
Dec 20081962,86637.105.98$24,402
Nov 200802,78255.496.86$19,086
Oct 20081962,99775.246.92$35,492
Sep 20081932,605101.767.88$40,160
Aug 200802,954114.228.48$25,059
Jul 20081933,059131.0811.39$60,139
Jun 200802,809131.3313.03$36,609
May 20081953,439123.1711.57$63,822
Apr 20083923,709110.3110.45$82,019
Mar 200803,272101.909.66$31,621
Feb 20081953,03992.538.77$44,697
Jan 20081973,35090.388.21$45,294
Dec 20071973,40088.337.30$42,228
Nov 20071983,42991.677.29$43,154
Oct 200703,61182.856.92$24,995
Sep 20071933,34175.846.24$35,499
Aug 20071923,09669.066.39$33,037
Jul 20071943,45170.906.39$35,799
Jun 200713,46562.007.55$26,217
May 20071993,62658.747.85$40,140
Apr 20074013,55859.617.81$51,675
Mar 20071953,79256.927.30$38,788
Feb 20072013,31155.108.22$38,278
Jan 20071983,71150.306.73$34,923
Dec 200603,72256.656.92$25,750
Nov 20061863,75254.207.62$38,662
Oct 20061853,55654.906.01$31,542
Sep 20061863,69860.085.04$29,802
Aug 20061764,44968.717.34$44,748
Jul 20061824,07369.376.34$38,459
Jun 20061853,98766.286.38$37,714
May 20063554,10666.016.42$49,815
Apr 20061854,21964.397.36$42,966
Mar 20061804,48856.707.08$41,994
Feb 20063674,07957.597.75$52,752
Jan 20061854,36160.598.93$50,167
Dec 20053624,53254.9413.42$80,687
Nov 20051794,41954.6910.59$56,580
Oct 20053454,60158.3413.80$83,602
Sep 20051544,33461.4512.08$61,814
Aug 20053154,77861.519.80$66,185
Jul 20051874,78455.697.84$47,938
Jun 20053614,91852.337.38$55,191
May 20051884,94645.226.65$41,398
Apr 20053604,83249.207.36$53,278
Mar 20051885,10650.377.15$46,002
Feb 20053544,99945.226.31$47,561
Jan 20053434,92643.166.32$45,947
Dec 20041874,08739.866.75$35,045
Nov 20045015,65945.286.33$58,509
Oct 20041754,65749.706.52$39,038
Sep 20043725,33743.245.28$44,285
Aug 20043495,98142.375.55$47,986
Jul 20043376,23438.286.08$50,829
Jun 20043365,92836.106.43$50,265
May 20043505,67337.486.49$49,962
Apr 20043467,50434.475.86$55,889
Mar 20043716,37234.365.53$47,986
Feb 20043655,94732.455.51$44,610
Jan 20043636,58032.036.30$53,079
Dec 20035466,75130.266.30$59,064
Nov 20032896,63628.804.60$38,817
Oct 20033657,14228.174.76$44,275
Sep 20035387,10626.314.75$47,904
Aug 20033647,41629.765.13$48,875
Jul 20033687,45729.415.17$49,382
Jun 20035567,41828.565.98$60,261
May 20033567,98926.595.97$57,182
Apr 20035477,97326.675.41$57,701
Mar 20035528,23031.146.10$67,360
Feb 20033677,64333.487.93$72,865
Jan 20037362,36030.315.58$35,482
Dec 20025498,64126.914.85$56,715
Nov 20025508,56524.664.14$48,996
Oct 20027179,77526.464.23$60,311
Sep 200271810,60527.443.64$58,253
Aug 20021,25612,34325.963.16$71,661
Jul 200290510,88824.583.06$55,581
Jun 20027267,85323.733.34$43,443
May 20021,0959,47924.663.58$60,975
Apr 20021,6509,79923.653.51$73,440
Mar 20021741,40422.003.10$8,184
Feb 20023623,92118.222.38$15,911
Jan 20025426,32417.172.38$24,330
Dec 20013584,48116.932.36$16,656
Nov 20013604,70118.072.41$17,814
Oct 20011794,08419.782.53$13,869
Sep 20013574,44624.262.25$18,670
Aug 20013604,70724.873.05$23,324
Jul 20011774,84223.933.20$19,716
Jun 20013544,74924.563.82$26,855
May 20011795,24125.524.31$27,143
Apr 20015415,04924.685.34$40,290
Mar 200105,68824.545.38$30,581
Feb 2001359027.755.77$9,962
Jan 2001544027.478.40$14,944
Dec 20005386,56626.889.12$74,360
Nov 20001795,02232.215.66$34,180
Oct 20003667,25831.235.15$48,776
Sep 20007147,81031.875.19$63,262
Aug 20007006,32929.644.54$49,486
Jul 20005214,89128.534.09$34,867
Jun 20003555,48329.304.40$34,512
May 20005325,71427.263.68$35,528
Apr 20007155,21524.513.12$33,775
Mar 20005275,48028.422.86$30,649
Feb 20003635,08927.622.73$23,901
Jan 20007325,52025.272.48$32,190
Dec 19993545,68424.282.42$22,372
Nov 19997205,23923.192.43$29,448
Oct 19993585,44320.982.80$22,771
Sep 19997095,30421.752.62$29,311
Aug 19993543,69319.262.88$17,438
Jul 19995303,70417.892.37$18,269
Jun 19995343,62615.942.36$17,077
May 19993483,88115.792.32$14,503
Apr 19993563,85315.102.21$13,883
Mar 19995383,80312.471.84$13,700
Feb 19995393,6119.981.82$11,943
Jan 19995423,99010.381.90$13,207
Dec 19983654,0799.201.77$10,591
Nov 19985554,10310.892.19$15,012
Oct 19985454,34012.421.97$15,315
Sep 19983584,25812.592.08$13,375
Aug 19983614,38211.301.91$12,437
Jul 19985284,39211.742.24$16,025
Jun 19985274,36611.242.24$15,691
May 19987174,47612.622.21$18,924
Apr 19985354,22113.042.51$17,551
Mar 19985444,45012.802.31$17,240
Feb 19983614,27513.952.30$14,865
Jan 19985464,81114.702.15$18,393
Dec 19975604,87716.322.41$20,898
Nov 19977264,82518.193.09$28,107
Oct 19975355,00219.253.15$26,054
Sep 19977245,11517.742.95$27,958
Aug 19975315,44017.862.55$23,381
Jul 19975315,69917.582.25$22,140
Jun 19977195,93017.242.26$25,781
May 19977216,41818.972.31$28,493
Apr 19977166,34517.882.08$26,017
Mar 19979137,01918.951.94$30,912
Feb 19977416,59920.492.21$29,740
Jan 19971,0927,12923.483.54$50,875
Dec 19967517,34623.32$17,513
Nov 19961,0837,62921.97$23,794
Oct 199673011,51023.31$17,016
Sep 199673711,60022.22$16,376
Aug 19961,07614,94420.26$21,800
Jul 19961,25415,84719.55$24,516
Jun 19961,07115,77718.73$20,060
May 19961,08416,85619.43$21,062
Apr 19961,45416,34721.51$31,276
Mar 19961,26916,71719.38$24,593
Feb 19961,82415,79016.98$30,972
Jan 19961,09714,80917.07$18,726
Dec 199593810,43117.19$16,124
Nov 19951,62711,84916.00$26,032
Oct 19951,44613,14715.43$22,312
Sep 19951,45412,94316.18$23,526
Aug 19951,65513,98015.92$26,348
Jul 19951,80715,44315.24$27,539
Jun 19951,97615,50216.41$32,426
May 19951,64914,85917.56$28,956
Apr 19952,04015,41717.73$36,169
Mar 19951,99217,29216.44$32,748
Feb 19952,05815,60816.58$34,122
Jan 19952,36318,05415.92$37,619
Dec 19942,51818,71715.03$37,846
Nov 19942,68219,16915.90$42,644
Oct 19942,51420,81115.58$39,168
Sep 19942,70421,47615.29$41,344
Aug 19942,85923,20116.13$46,116
Jul 19943,41624,60317.56$59,985
Jun 19943,57425,26617.09$61,080
May 19943,94928,39515.88$62,710
Apr 19943,94128,10314.14$55,726
Mar 19944,67031,14012.46$58,188
Feb 19944,65029,83412.50$58,125
Jan 19945,93035,69412.66$75,074
Dec 19936,13338,54612.33$75,620
Nov 19936,43940,33714.49$93,301
Oct 19937,50844,04815.85$119,002
Sep 19938,38246,86415.03$125,981
Aug 199310,13358,25815.66$158,683
Jul 199311,55061,51115.46$178,563
Jun 199314,44855,57016.79$242,582
May 199319,30767,90517.68$341,348
Apr 199320,93956,14018.05$377,949
Mar 199326,69456,07718.14$484,229
Feb 199325,25044,26917.90$451,975
Jan 199329,60767,18816.93$501,247

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       828 Mcf  × $  3.05 =     $2,522

────────────────────────────────────────────────────
Month total                                   $2,522

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/21865 is the state's own key, not one this site invented.