BUSCHA-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 21964District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$22.0 M
Feb 1993 – May 2026
Value, last 12 filed months
$182 k
at the published price for each month
Months reported
400
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
OilDisposition497,287 bbl$13,389,964
Casinghead gasProduction3,853,217 Mcf$8,580,011
Total$21,969,974

1,932,115 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 30.0047, -96.8921. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.00471, -96.89211 · 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
13,633 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 13,633 ft.

Completions filed
Apr 2003
1 of 1 wells

1 well

42-14932653113,633 ftApr 2003

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 (400)

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

400 months

May 202611,105106.413.05$3,472
Apr 20261911,09598.932.87$22,038
Mar 20261821,09989.753.15$19,796
Feb 2026097463.503.75$3,653
Jan 20261891,12959.138.00$20,205
Dec 20251921,37756.664.41$16,956
Nov 202501,35658.593.93$5,324
Oct 20251851,76759.383.30$16,825
Sep 20251891,68962.743.08$17,055
Aug 20251901,83563.933.01$17,679
Jul 20251891,97766.743.32$19,168
Jun 20251922,15666.483.13$19,510
May 20251811,82360.553.23$16,852
Apr 202501,79162.363.54$6,346
Mar 20251811,79967.704.27$19,932
Feb 20251951,65370.884.34$20,997
Jan 20251761,88474.324.28$21,141
Dec 202402,01268.993.12$6,280
Nov 20241711,97469.052.20$16,147
Oct 20241752,18671.372.28$17,477
Sep 20241862,20769.612.36$18,166
Aug 202416989475.632.06$14,626
Jul 20241911,76379.932.15$19,051
Jun 202401,78378.082.63$4,696
May 20241901,50178.812.20$18,274
Apr 20241861,92984.451.66$18,908
Mar 20241871,90380.301.55$17,956
Feb 202421,59876.091.78$3,002
Jan 20241741,68473.023.30$18,259
Dec 20231591,76071.262.61$15,925
Nov 20231891,68577.892.81$19,452
Oct 20231851,71785.443.09$21,107
Sep 20231912,02389.042.74$22,540
Aug 20231902,22880.522.67$21,254
Jul 20231961,75274.852.64$19,299
Jun 20231921,50568.962.26$16,639
May 202301,62570.622.23$3,620
Apr 20231842,15378.122.24$19,192
Mar 20231791,51372.852.39$16,661
Feb 20231921,51975.112.47$18,166
Jan 20231771,55476.533.39$18,810
Dec 20221941,38476.415.73$22,753
Nov 202201,49685.005.65$8,447
Oct 20221851,56687.185.86$25,311
Sep 20221921,71884.888.16$30,322
Aug 20221932,34994.529.13$39,682
Jul 20223803,063101.587.54$61,702
Jun 20221882,367115.097.98$40,519
May 20221882,422109.378.43$40,986
Apr 20220810104.226.84$5,538
Mar 20221952,187108.885.08$32,334
Feb 20223871,75691.054.86$43,768
Jan 20221892,85881.844.54$28,436
Dec 202101,29971.323.90$5,065
Nov 202101,06277.435.24$5,562
Oct 20213851,80279.795.71$41,016
Sep 20211892,46669.865.35$26,399
Aug 20213632,61766.024.22$35,011
Jul 20213822,68970.783.98$37,746
Jun 2021092769.493.38$3,134
May 2021019863.483.02$598
Apr 202101,14860.362.76$3,167
Mar 20211881,63761.302.72$15,972
Feb 20211891,46957.805.55$19,074
Jan 202101,91350.412.81$5,376
Dec 20203631,89444.642.68$21,272
Nov 202001,80838.772.71$4,893
Oct 20201931,93636.972.48$11,933
Sep 20201911,67837.091.99$10,425
Aug 20201931,87239.982.39$12,181
Jul 20201761,82338.371.83$10,080
Jun 20201852,11034.901.69$10,023
May 20201841,84016.921.81$6,452
Apr 20201751,93014.751.80$6,064
Mar 20201681,93930.341.86$8,696
Feb 20201712,18049.881.98$12,847
Jan 20203472,69557.252.09$25,511
Dec 201918081659.012.30$12,502
Nov 201901,36055.302.75$3,741
Oct 20191621,57653.472.42$12,474
Sep 20191761,89055.052.66$14,711
Aug 20191802,23353.112.30$14,705
Jul 20193482,63056.272.46$26,052
Jun 20191651,96352.782.49$13,599
May 20191681,84658.482.74$14,883
Apr 20191512,13462.632.75$15,327
Mar 20193442,43956.803.06$27,008
Feb 20193492,55650.852.79$24,884
Jan 20191722,29246.033.23$15,316
Dec 20181701,97946.594.19$16,203
Nov 20181812,14752.934.24$18,678
Oct 20181801,81561.443.40$17,227
Sep 20181691,92159.543.11$16,033
Aug 201801,86459.403.07$5,716
Jul 20181781,86565.142.93$17,063
Jun 20181681,89060.183.08$15,926
May 20183671,90265.382.90$29,512
Apr 201801,85863.842.90$5,390
Mar 20181901,81261.222.79$16,682
Feb 20181871,81761.782.77$16,579
Jan 20181831,87162.874.01$19,007
Dec 20171931,94257.272.92$16,727
Nov 20171941,85255.423.12$16,527
Oct 20171871,80549.292.98$14,603
Sep 201701,54447.523.09$4,767
Aug 20171781,96445.373.00$13,977
Jul 20171831,89443.873.09$13,876
Jun 20171921,79542.493.09$13,700
May 20171851,77145.373.26$14,173
Apr 20171892,10547.933.21$15,819
Mar 20171852,20946.772.98$15,243
Feb 201718913850.452.95$9,943
Jan 20171932,30049.413.42$17,399
Dec 20161891,21648.763.72$13,743
Nov 20161851,28842.492.64$11,267
Oct 20161842,31246.193.09$15,644
Sep 20161882,43741.553.10$15,368
Aug 20161872,09941.442.92$13,887
Jul 20161872,20741.622.92$14,237
Jun 20161761,95045.352.69$13,219
May 20161892,12742.521.99$12,271
Apr 20161732,55536.561.99$11,412
Mar 20161803,52633.011.79$12,267
Feb 20163792,57626.472.06$15,348
Jan 20161902,52227.352.36$11,159
Dec 20151842,22632.362.00$10,409
Nov 20153822,85738.792.17$21,010
Oct 20155502,90343.552.43$30,997
Sep 20151922,29542.992.76$14,585
Aug 20151802,07040.162.87$13,175
Jul 20151832,11848.152.95$15,049
Jun 20153772,02256.152.88$26,998
May 20151882,19655.212.96$16,870
Apr 20151881,84549.822.71$14,360
Mar 20151912,16342.892.93$14,540
Feb 20151932,13244.662.98$14,965
Jan 20151892,11743.433.10$14,772
Dec 20141902,17954.693.59$18,217
Nov 20141892,25470.464.25$22,901
Oct 20143872,29578.303.90$39,255
Sep 201402,44286.164.05$9,879
Aug 20143702,46289.394.04$43,009
Jul 20141832,18496.564.18$26,799
Jun 20141862,11198.164.74$28,257
May 20141892,15794.734.73$28,099
Apr 20141912,03795.944.81$28,121
Mar 20141922,20395.895.06$29,551
Feb 20141722,02397.406.19$29,279
Jan 20143712,07990.404.86$43,644
Dec 20131922,62491.824.35$29,056
Nov 20131872,94988.853.74$27,639
Oct 20131792,68597.423.78$27,586
Sep 20131772,810104.113.72$28,874
Aug 20131822,786104.253.52$28,787
Jul 20133742,381102.523.72$47,194
Jun 20131912,64994.403.93$28,450
May 20131912,62194.834.15$28,987
Apr 20131792,53293.964.28$27,662
Mar 20131772,66593.623.91$26,999
Feb 20131902,44291.233.42$25,685
Jan 20133792,83391.603.42$44,405
Dec 20121833,17986.773.42$26,752
Nov 20121912,68886.953.62$26,351
Oct 20121772,90189.383.40$25,683
Sep 20121922,76794.672.92$26,252
Aug 20123772,76792.662.91$42,980
Jul 20121802,88885.133.02$24,047
Jun 20121912,53079.822.52$21,619
May 20121842,41791.612.49$22,871
Apr 20123852,727101.652.00$44,581
Mar 20121612,301105.052.22$22,026
Feb 20121852,695101.102.57$25,630
Jan 20123703,00698.092.73$44,512
Dec 20111923,09796.873.24$28,633
Nov 20111892,97895.723.31$27,952
Oct 20113763,12084.983.65$43,336
Sep 20111932,89083.623.99$27,658
Aug 20111922,98983.404.15$28,415
Jul 20113782,98394.144.52$49,060
Jun 20111922,86392.904.64$31,121
May 20111933,40698.134.40$33,942
Apr 20113864,329105.964.33$59,659
Mar 20111923,63396.364.06$33,241
Feb 20113893,43285.644.18$47,660
Jan 20111973,61586.504.59$33,629
Dec 20101933,19985.734.35$30,454
Nov 20103803,34180.843.80$43,399
Oct 20101913,30178.103.51$26,500
Sep 20103813,43072.633.98$41,322
Aug 20101923,00373.684.42$27,418
Jul 20101923,73772.554.74$31,630
Jun 20103843,65170.364.91$44,946
May 20101903,94071.124.24$30,200
Apr 20103823,63281.694.12$46,179
Mar 20103864,23278.394.39$48,831
Feb 20101943,75273.585.44$34,694
Jan 20103803,92374.365.96$51,654
Dec 20091954,21371.445.48$37,034
Nov 20093793,82874.593.75$42,630
Oct 20093804,27972.544.11$45,153
Sep 20093753,93165.543.06$36,625
Aug 20093804,02367.423.22$38,568
Jul 20091923,42861.133.46$23,613
Jun 20093833,45066.163.90$38,777
May 20091954,46054.743.93$28,183
Apr 20093933,63946.773.59$31,436
Mar 20093945,65842.144.06$39,569
Feb 20093994,89632.814.63$35,774
Jan 20095966,29735.865.37$55,194
Dec 20085967,05637.105.98$64,286
Nov 20085886,83955.496.86$79,546
Oct 20085847,30975.246.92$94,533
Sep 20083885,448101.767.88$82,397
Aug 20085827,312114.228.48$128,504
Jul 20083898,396131.0811.39$146,616
Jun 20085805,517131.3313.03$148,072
May 20083895,509123.1711.57$111,676
Apr 20083905,428110.3110.45$99,770
Mar 20083915,862101.909.66$96,494
Feb 20085885,61392.538.77$103,637
Jan 20083936,29890.388.21$87,199
Dec 20075885,64888.337.30$93,180
Nov 20073896,35691.677.29$82,006
Oct 20075827,06882.856.92$97,143
Sep 20075787,55075.846.24$90,979
Aug 20077718,69669.066.39$108,795
Jul 200779010,81870.906.39$125,116
Jun 200775711,60662.007.55$134,541
May 20071,57512,99158.747.85$194,447
Apr 20079879,35759.617.81$131,868
Mar 20076017,90856.927.30$91,953
Feb 20075936,29755.108.22$84,410
Jan 20077716,66950.306.73$83,643
Dec 20065656,08256.656.92$74,085
Nov 20067595,04254.207.62$79,545
Oct 2006579054.906.01$5,025
Sep 20066372,96160.085.04$53,186
Aug 20068997,11668.717.34$114,001
Jul 20069167,95569.376.34$114,000
Jun 20069166,80166.286.38$104,129
May 20067347,09166.016.42$94,011
Apr 20061,8356,78564.397.36$168,097
Mar 20069392,06756.707.08$67,882
Feb 20069543,88457.597.75$85,046
Jan 20063757,67160.598.93$91,249
Dec 20051,1267,87954.9413.42$167,562
Nov 20051,1089,79854.6910.59$164,342
Oct 20058676,92358.3413.80$146,089
Sep 20058735,54861.4512.08$120,660
Aug 20051,2107,23161.519.80$145,268
Jul 20051,9716,80955.697.84$163,172
Jun 20059034,47652.337.38$80,292
May 20059055,48745.226.65$77,419
Apr 20051,07910,03949.207.36$126,979
Mar 20051,1087,11050.377.15$106,681
Feb 20051,0295,99745.226.31$84,384
Jan 20058998,54743.166.32$92,837
Dec 20041,25210,21139.866.75$118,840
Nov 20041,17511,49445.286.33$125,966
Oct 20041,28313,24649.706.52$150,064
Sep 20041,62314,09943.245.28$144,676
Aug 20041,62413,26842.375.55$142,455
Jul 20041,75911,10538.286.08$134,899
Jun 20041,6289,16336.106.43$117,717
May 20041,2706,02337.486.49$86,716
Apr 20048592,42634.475.86$43,822
Mar 20041,2495,23234.365.53$71,849
Feb 20041,8437,46232.455.51$100,918
Jan 20041,6538,61732.036.30$107,230
Dec 20031,6425,87030.266.30$86,678
Nov 20031,9989,67928.804.60$102,019
Oct 20032,55611,82428.174.76$128,281
Sep 20032,71913,10226.314.75$133,763
Aug 20033,21516,12429.765.13$178,390
Jul 20034,86724,62729.415.17$270,481
Jun 20037,99731,24428.565.98$415,326
May 200319,71151,41926.595.97$831,225
Apr 20030026.675.41$0
Mar 20034965,01331.146.10$46,005
Feb 20033717,72233.487.93$73,625
Jan 20035433,71530.315.58$37,196
Dec 20025218,83626.914.85$56,908
Nov 200272310,28624.664.14$60,382
Oct 20023587,08226.464.23$39,423
Sep 20025376,84427.443.64$39,615
Aug 20025368,12025.963.16$39,608
Jul 20023548,75224.583.06$35,498
Jun 20025376,97723.733.34$36,034
May 20025358,03324.663.58$41,983
Apr 20025367,72623.653.51$39,813
Mar 20025408,24722.003.10$37,468
Feb 20025317,89418.222.38$28,428
Jan 20025108,12417.172.38$28,057
Dec 20015249,11716.932.36$30,428
Nov 20015528,82918.072.41$31,213
Oct 20017099,66019.782.53$38,453
Sep 200153110,06024.262.25$35,530
Aug 200154210,13424.873.05$44,420
Jul 20017118,05623.933.20$42,770
Jun 20015389,66024.563.82$50,155
May 200172211,30925.524.31$67,137
Apr 20017257,71624.685.34$59,060
Mar 20015499,48724.545.38$64,479
Feb 2001545027.755.77$15,124
Jan 20015489,62227.478.40$95,866
Dec 200090911,35526.889.12$128,020
Nov 20005479,25232.215.66$69,967
Oct 20007289,80431.235.15$73,182
Sep 200071210,75431.875.19$78,467
Aug 200071710,43429.644.54$68,630
Jul 20001,06610,04928.534.09$71,511
Jun 200071310,19729.304.40$65,730
May 200053610,12927.263.68$51,884
Apr 200089910,48424.513.12$54,703
Mar 200090311,41228.422.86$58,299
Feb 200073110,33627.622.73$48,371
Jan 20009199,97225.272.48$47,959
Dec 19991,08811,03224.282.42$53,155
Nov 199990410,62523.192.43$46,825
Oct 19991,42712,19920.982.80$64,141
Sep 19999019,31521.752.62$43,991
Aug 19991,60911,23619.262.88$63,300
Jul 19991,2419,49417.892.37$44,725
Jun 19997149,02815.942.36$32,706
May 19997227,50615.792.32$28,822
Apr 199905,69015.102.21$12,564
Mar 19991757,44812.471.84$15,874
Feb 19991766,4509.981.82$13,481
Jan 19991777,31210.381.90$15,730
Dec 19981796,8269.201.77$13,751
Nov 19981765,99010.892.19$15,009
Oct 199803,31212.421.97$6,522
Sep 199890115,86812.592.08$44,391
Aug 19981,26620,51611.301.91$53,437
Jul 19981,45823,91411.742.24$70,619
Jun 19981,60922,10811.242.24$67,547
May 19981,4539,49812.622.21$39,293
Apr 19981,0838,13013.042.51$34,491
Mar 19981,1129,05812.802.31$35,153
Feb 19982,38322,84813.952.30$85,773
Jan 19982,56326,46214.702.15$94,696
Dec 19972,75925,03416.322.41$105,386
Nov 19972,93124,33418.193.09$128,465
Oct 19972,69525,72819.253.15$132,917
Sep 19972,01224,26417.742.95$107,390
Aug 19972,14523,10617.862.55$97,340
Jul 19971,97219,55217.582.25$78,600
Jun 19971,98110,19317.242.26$57,160
May 19971,99710,96618.972.31$63,198
Apr 19972,16311,84117.882.08$63,337
Mar 19973,09914,02018.951.94$85,913
Feb 19972,5759,50120.492.21$73,720
Jan 19972,39112,33823.483.54$99,814
Dec 19962,21212,45023.32$51,584
Nov 19962,74913,10821.97$60,396
Oct 19962,38624,65823.31$55,618
Sep 19962,37123,27422.22$52,684
Aug 19962,72226,29620.26$55,148
Jul 19963,08929,23419.55$60,390
Jun 19962,68418,85418.73$50,271
May 19963,26927,37819.43$63,517
Apr 19962,74725,66621.51$59,088
Mar 19963,47328,78819.38$67,307
Feb 19963,52327,28616.98$59,821
Jan 19963,69226,03817.07$63,022
Dec 19953,68626,18617.19$63,362
Nov 19953,65222,32016.00$58,432
Oct 19953,82124,92615.43$58,958
Sep 19953,68722,54616.18$59,656
Aug 19953,11125,10215.92$49,527
Jul 19953,43627,37615.24$52,365
Jun 19953,83528,93216.41$62,932
May 19953,54427,70017.56$62,233
Apr 19953,88929,61017.73$68,952
Mar 19954,26630,30216.44$70,133
Feb 19953,59927,30816.58$59,671
Jan 19952,90823,85215.92$46,295
Dec 19944,71532,13015.03$70,866
Nov 19943,96433,90815.90$63,028
Oct 19945,56336,29815.58$86,672
Sep 19945,56137,70615.29$85,028
Aug 19945,39838,50416.13$87,070
Jul 19945,91546,53017.56$103,867
Jun 19946,08444,56417.09$103,976
May 19946,32146,58215.88$100,377
Apr 19946,09352,42314.14$86,155
Mar 19947,21259,05512.46$89,862
Feb 19947,37253,40912.50$92,150
Jan 19947,91560,02512.66$100,204
Dec 19938,98570,63112.33$110,785
Nov 19938,98280,29514.49$130,149
Oct 199310,75181,00715.85$170,403
Sep 199311,44176,73615.03$171,958
Aug 199314,97776,18815.66$234,540
Jul 199315,50983,07615.46$239,769
Jun 199315,175120,38816.79$254,788
May 199317,98490,45417.68$317,957
Apr 199318,09786,59418.05$326,651
Mar 19936,26625,94018.14$113,665
Feb 1993048217.90$0

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                    1 bbl  × $106.41 =       $106
Casinghead gas     1,105 Mcf  × $  3.05 =     $3,366

────────────────────────────────────────────────────
Month total                                   $3,472

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/21964 is the state's own key, not one this site invented.