FREYTAG 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 21968District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$9.2 M
Mar 1993 – May 2026
Value, last 12 filed months
$416
at the published price for each month
Months reported
399
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
OilDisposition253,366 bbl$5,185,113
Casinghead gasProduction2,663,286 Mcf$4,056,490
Total$9,241,603

1,648,803 Mcf of this lease's gas, across 46 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 29.9012, -97.0072. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.90121, -97.00720 · 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
0.0%
0 of 1 wells
Median depth
9,336 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
1100.0%
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.
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 9,336 ft.

Completions filed
Mar 1993
1 of 1 wells

1 well

42-1493273519,336 ftMar 1993Yes

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 (399)

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

399 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025013366.483.13$416
May 2025021260.553.23$685
Apr 2025031662.363.54$1,120
Mar 2025038267.704.27$1,631
Feb 2025063070.884.34$2,735
Jan 202501,19274.324.28$5,100
Dec 202404568.993.12$140
Nov 20240069.052.20$0
Oct 2024069571.372.28$1,586
Sep 2024043569.612.36$1,029
Aug 2024063175.632.06$1,302
Jul 2024061779.932.15$1,324
Jun 2024059778.082.63$1,572
May 2024088178.812.20$1,937
Apr 2024053584.451.66$888
Mar 2024020580.301.55$317
Feb 2024042576.091.78$758
Jan 2024065873.023.30$2,170
Dec 2023057771.262.61$1,506
Nov 2023070077.892.81$1,965
Oct 2023048985.443.09$1,510
Sep 202315158189.042.74$15,034
Aug 2023072280.522.67$1,930
Jul 2023055774.852.64$1,471
Jun 2023039968.962.26$901
May 2023058770.622.23$1,307
Apr 202302878.122.24$63
Mar 2023032972.852.39$787
Feb 2023076775.112.47$1,891
Jan 2023193876.533.39$3,254
Dec 2022171676.415.73$4,178
Nov 202217291885.005.65$19,803
Oct 202211,10187.185.86$6,543
Sep 2022090584.888.16$7,388
Aug 20221861,35594.529.13$29,948
Jul 20220660101.587.54$4,978
Jun 20220565115.097.98$4,507
May 2022190538109.378.43$25,317
Apr 20220602104.226.84$4,116
Mar 20220795108.885.08$4,036
Feb 2022051591.054.86$2,502
Jan 2022161381.844.54$2,863
Dec 202118970671.323.90$16,232
Nov 2021079277.435.24$4,148
Oct 2021041679.795.71$2,377
Sep 2021060569.865.35$3,237
Aug 2021063266.024.22$2,667
Jul 2021063070.783.98$2,509
Jun 2021058669.493.38$1,981
May 202119063063.483.02$13,962
Apr 2021071760.362.76$1,978
Mar 2021074061.302.72$2,011
Feb 2021052357.805.55$2,902
Jan 2021063250.412.81$1,776
Dec 2020084444.642.68$2,258
Nov 202015668438.772.71$7,899
Oct 2020088736.972.48$2,198
Sep 2020095437.091.99$1,899
Aug 2020084739.982.39$2,020
Jul 2020086438.371.83$1,577
Jun 2020080834.901.69$1,366
May 2020071116.921.81$1,290
Apr 202015868614.751.80$3,568
Mar 2020087530.341.86$1,624
Feb 202001,11149.881.98$2,201
Jan 202001,40257.252.09$2,937
Dec 201901,48059.012.30$3,410
Nov 201901,29655.302.75$3,565
Oct 20191541,53653.472.42$11,949
Sep 201901,62555.052.66$4,318
Aug 20191691,93553.112.30$13,435
Jul 2019070556.272.46$1,734
Jun 2019095452.782.49$2,377
May 201901,09658.482.74$3,003
Apr 201915391362.632.75$12,094
Mar 2019099156.803.06$3,035
Feb 2019078350.852.79$2,186
Jan 201901,04946.033.23$3,386
Dec 20181491,07346.594.19$11,433
Nov 2018099852.934.24$4,229
Oct 201801,16261.443.40$3,949
Sep 20181821,05359.543.11$14,109
Aug 201801,10759.403.07$3,395
Jul 201801,03165.142.93$3,023
Jun 201801,04460.183.08$3,212
May 201801,04765.382.90$3,037
Apr 20181871,06363.842.90$15,022
Mar 201801,13261.222.79$3,155
Feb 201801,03961.782.77$2,874
Jan 201801,04062.874.01$4,170
Dec 201701,08557.272.92$3,170
Nov 20171861,10855.423.12$13,763
Oct 201701,17849.292.98$3,515
Sep 201701,17947.523.09$3,640
Aug 201701,01445.373.00$3,046
Jul 201701,11843.873.09$3,452
Jun 201701,11342.493.09$3,436
May 201701,20845.373.26$3,942
Apr 20171891,16947.933.21$12,813
Mar 201701,16446.772.98$3,473
Feb 201701,08850.452.95$3,212
Jan 20171801,26949.413.42$13,232
Dec 201601,32548.763.72$4,933
Nov 201601,26142.492.64$3,335
Oct 201601,24646.193.09$3,850
Sep 20161741,22741.553.10$11,034
Aug 201601,48441.442.92$4,340
Jul 201601,34241.622.92$3,924
Jun 2016014445.352.69$387
May 20161881,39342.521.99$10,767
Apr 201601,69136.561.99$3,367
Mar 201601,04733.011.79$1,878
Feb 2016096226.472.06$1,985
Jan 20161801,73127.352.36$9,016
Dec 201501,57332.362.00$3,148
Nov 20151761,76738.792.17$10,657
Oct 201501,80843.552.43$4,387
Sep 201501,59842.992.76$4,408
Aug 20151841,80540.162.87$12,574
Jul 201501,58248.152.95$4,659
Jun 201501,58856.152.88$4,578
May 20151931,59955.212.96$15,381
Apr 201501,45949.822.71$3,949
Mar 201501,70042.892.93$4,989
Feb 20151911,46944.662.98$12,902
Jan 201501,85343.433.10$5,745
Dec 20141901,59854.693.59$16,130
Nov 201401,83570.464.25$7,802
Oct 201401,75778.303.90$6,854
Sep 201401,46486.164.05$5,923
Aug 201401,91789.394.04$7,735
Jul 20141801,97996.564.18$25,652
Jun 201401,76998.164.74$8,380
May 201401,62994.734.73$7,700
Apr 20141811,90195.944.81$26,507
Mar 201401,75495.895.06$8,870
Feb 201401,74497.406.19$10,799
Jan 20141862,15890.404.86$27,304
Dec 201302,12891.824.35$9,266
Nov 20131801,75988.853.74$22,569
Oct 201302,19597.423.78$8,296
Sep 201302,376104.113.72$8,833
Aug 20131811,827104.253.52$25,305
Jul 201301,965102.523.72$7,305
Jun 201302,20294.403.93$8,661
May 20131932,42294.834.15$28,351
Apr 201302,38893.964.28$10,227
Mar 2013095693.623.91$3,741
Feb 20131941,51391.233.42$22,873
Jan 201301,81291.603.42$6,197
Dec 20121862,38586.773.42$24,296
Nov 201201,94486.953.62$7,047
Oct 201202,36289.383.40$8,030
Sep 20121781,98794.672.92$22,650
Aug 201202,13492.662.91$6,206
Jul 20121922,69585.133.02$24,486
Jun 201202,55679.822.52$6,439
May 20121912,50191.612.49$23,721
Apr 201203,153101.652.00$6,296
Mar 201202,580105.052.22$5,733
Feb 20121802,537101.102.57$24,719
Jan 201202,71098.092.73$7,409
Dec 20111982,72296.873.24$27,999
Nov 201103,91795.723.31$12,970
Oct 20111874,73484.983.65$33,163
Sep 20111893,59783.623.99$30,141
Aug 20111892,83483.404.15$27,522
Jul 20113813,61794.144.52$52,206
Jun 201175549992.904.64$72,455
May 2011059498.134.40$2,616
Apr 20110302105.964.33$1,309
Mar 201101,11696.364.06$4,528
Feb 20111971,54485.644.18$23,325
Jan 201101,56086.504.59$7,159
Dec 201001,50885.734.35$6,556
Nov 20101952,31180.843.80$24,535
Oct 201002,00578.103.51$7,035
Sep 201001,35072.633.98$5,372
Aug 20101922,00973.684.42$23,025
Jul 201001,96772.554.74$9,317
Jun 20101921,94670.364.91$23,065
May 201002,13371.124.24$9,034
Apr 201001,95181.694.12$8,043
Mar 20101971,79278.394.39$23,307
Feb 201001,61673.585.44$8,795
Jan 20101972,29774.365.96$28,348
Dec 200901,72171.445.48$9,438
Nov 20091941,84274.593.75$21,381
Oct 200902,42572.544.11$9,967
Sep 200902,13265.543.06$6,534
Aug 20091922,56767.423.22$21,207
Jul 200902,53661.133.46$8,786
Jun 20091912,29066.163.90$21,556
May 200902,57054.743.93$10,089
Apr 20091942,75946.773.59$18,971
Mar 200901,54742.144.06$6,279
Feb 20091852,60732.814.63$18,148
Jan 20091834,32835.865.37$29,808
Dec 200804,33637.105.98$25,917
Nov 2008024455.496.86$1,674
Oct 2008641,43975.246.92$14,776
Sep 20081781,792101.767.88$32,229
Aug 200802,337114.228.48$19,825
Jul 20081922,344131.0811.39$51,864
Jun 200812,044131.3313.03$26,770
May 20081922,483123.1711.57$52,388
Apr 20081802,800110.3110.45$49,129
Mar 200893,087101.909.66$30,750
Feb 200817452692.538.77$20,714
Jan 2008036590.388.21$2,995
Dec 20071802,34588.337.30$33,023
Nov 200712,01991.677.29$14,814
Oct 20071862,27282.856.92$31,137
Sep 200712,43475.846.24$15,274
Aug 20071813,58069.066.39$35,369
Jul 200702,55870.906.39$16,340
Jun 20071691,78062.007.55$23,914
May 20071832,11658.747.85$27,352
Apr 200702,26759.617.81$17,694
Mar 20071792,23556.927.30$26,509
Feb 200702,14955.108.22$17,656
Jan 20071832,15850.306.73$23,721
Dec 200612,35856.656.92$16,370
Nov 20061781,99054.207.62$24,806
Oct 200602,87654.906.01$17,296
Sep 20061731,63160.085.04$18,610
Aug 20061843,23768.717.34$36,402
Jul 200602,31669.376.34$14,690
Jun 20061832,59066.286.38$28,663
May 200603,08166.016.42$19,795
Apr 20061721,66664.397.36$23,338
Mar 20061782,59356.707.08$28,459
Feb 200612,82857.597.75$21,978
Jan 20061892,86060.598.93$37,001
Dec 20051833,34154.9413.42$54,875
Nov 20051912,19254.6910.59$33,656
Oct 200512,43758.3413.80$33,679
Sep 20051733,08661.4512.08$47,907
Aug 20051802,76361.519.80$38,140
Jul 200513,01955.697.84$23,736
Jun 20051763,08052.337.38$31,944
May 20051812,61145.226.65$25,551
Apr 20051682,65649.207.36$27,815
Mar 20051942,97850.377.15$31,079
Feb 200513,33245.226.31$21,077
Jan 20051612,93743.166.32$25,517
Dec 20041903,15639.866.75$28,880
Nov 20041873,12745.286.33$28,263
Oct 20041834,08049.706.52$35,677
Sep 20041774,37243.245.28$30,755
Aug 200402,87442.375.55$15,953
Jul 20041672,95938.286.08$24,396
Jun 20041822,99836.106.43$25,856
May 20041844,01037.486.49$32,940
Apr 20041803,57834.475.86$27,166
Mar 20041863,02934.365.53$23,142
Feb 20041852,23732.455.51$18,328
Jan 20041813,57432.036.30$28,312
Dec 20031863,47430.266.30$27,520
Nov 20031783,76528.804.60$22,427
Oct 20031792,39728.174.76$16,451
Sep 20031774,28426.314.75$25,003
Aug 20031793,72429.765.13$24,430
Jul 20031763,03529.415.17$20,870
Jun 20031754,14528.565.98$29,797
May 20031774,47826.595.97$31,452
Apr 20031804,81626.675.41$30,842
Mar 20031903,47131.146.10$27,076
Feb 20031894,14033.487.93$39,141
Jan 20033644,75730.315.58$37,587
Dec 20021784,33826.914.85$25,846
Nov 20021854,78124.664.14$24,341
Oct 20023565,27526.464.23$31,728
Sep 20023616,54027.443.64$33,680
Aug 20021774,67725.963.16$19,394
Jul 20021795,69024.583.06$21,821
Jun 20023457,10023.733.34$31,888
May 20025378,10524.663.58$42,291
Apr 20021855,91623.653.51$25,154
Mar 20021822,06822.003.10$10,420
Feb 20021774,24018.222.38$13,298
Jan 20023693,81117.172.38$15,389
Dec 20013765,59616.932.36$19,597
Nov 20011873,19318.072.41$11,060
Oct 20013594,70419.782.53$18,997
Sep 20015325,18624.262.25$24,582
Aug 20013635,58124.873.05$26,068
Jul 20018876,15023.933.20$40,888
Jun 20011,0958,13824.563.82$58,014
May 20017327,97925.524.31$53,049
Apr 20013624,79324.685.34$34,506
Mar 20011,4507,54824.545.38$76,164
Feb 20011,0903,67927.755.77$51,465
Jan 20017266,73927.478.40$76,542
Dec 20007328,24426.889.12$94,882
Nov 200003,19932.215.66$18,100
Oct 20003674,48331.235.15$34,529
Sep 20005327,36931.875.19$55,174
Aug 20005377,66129.644.54$50,703
Jul 20005387,95028.534.09$47,863
Jun 20005397,07329.304.40$46,894
May 20005437,66027.263.68$42,989
Apr 20005437,41224.513.12$36,405
Mar 20005487,92728.422.86$38,243
Feb 20005867,31427.622.73$36,127
Jan 20005657,25925.272.48$32,284
Dec 19995937,78424.282.42$33,264
Nov 19995867,50623.192.43$31,859
Oct 19995908,38620.982.80$35,890
Sep 19997327,90021.752.62$36,610
Aug 19995648,77019.262.88$36,082
Jul 19995678,32217.892.37$29,886
Jun 19999757,72515.942.36$33,789
May 19991,5326,88415.792.32$40,168
Apr 19991,3696,99515.102.21$36,117
Mar 19997729,40612.471.84$26,918
Feb 19995868,1089.981.82$20,587
Jan 19995758,23910.381.90$21,622
Dec 19987839,6989.201.77$24,401
Nov 19987669,09210.892.19$28,214
Oct 19985649,12912.421.97$24,982
Sep 19987589,13012.592.08$28,558
Aug 199875310,33011.301.91$28,212
Jul 199874810,04711.742.24$31,259
Jun 19987739,49811.242.24$29,938
May 19987769,25712.622.21$30,217
Apr 19985616,17913.042.51$22,796
Mar 19985676,73912.802.31$22,821
Feb 19985536,72813.952.30$23,183
Jan 19985706,60214.702.15$22,605
Dec 19977818,19216.322.41$32,498
Nov 19975348,46918.193.09$35,868
Oct 19978267,69419.253.15$40,135
Sep 199793112,08417.742.95$52,223
Aug 19971855,80017.862.55$18,122
Jul 199790812,45117.582.25$43,939
Jun 199775111,00917.242.26$37,797
May 199772612,14618.972.31$41,811
Apr 199790212,11017.882.08$41,350
Mar 199774811,54918.951.94$36,570
Feb 19975669,53020.492.21$32,620
Jan 199795714,80523.483.54$74,876
Dec 19961,14014,50723.32$26,585
Nov 199697915,28021.97$21,509
Oct 199695616,68823.31$22,284
Sep 199697614,56822.22$21,687
Aug 199693515,67120.26$18,943
Jul 199692714,84219.55$18,123
Jun 199695115,67418.73$17,812
May 19961,11214,77619.43$21,606
Apr 199695112,24221.51$20,456
Mar 19961,35118,41519.38$26,182
Feb 19961,23618,41516.98$20,987
Jan 19961,57418,47217.07$26,868
Dec 19951,62622,28517.19$27,951
Nov 19951,64022,62416.00$26,240
Oct 19951,73122,96215.43$26,709
Sep 19951,71723,76916.18$27,781
Aug 19951,98926,46015.92$31,665
Jul 19951,65629,76015.24$25,237
Jun 19952,23830,80616.41$36,726
May 19952,26736,12617.56$39,809
Apr 19953,13042,72017.73$55,495
Mar 19952,58130,60716.44$42,432
Feb 19952,29029,19516.58$37,968
Jan 19952,98535,24315.92$47,521
Dec 19942,95938,37015.03$44,474
Nov 19943,32042,20415.90$52,788
Oct 19944,23849,12115.58$66,028
Sep 19942,83829,10415.29$43,393
Aug 19943,14232,44416.13$50,680
Jul 19944,10235,90617.56$72,031
Jun 19943,42936,71117.09$58,602
May 19944,03937,30815.88$64,139
Apr 19944,81436,84714.14$68,070
Mar 19945,72742,55312.46$71,358
Feb 19945,67240,00812.50$70,900
Jan 19946,81748,46712.66$86,303
Dec 19936,61252,75312.33$81,526
Nov 19939,04458,98414.49$131,048
Oct 19939,33363,91715.85$147,928
Sep 19939,89272,44915.03$148,677
Aug 199310,75269,26415.66$168,376
Jul 199311,30868,10215.46$174,822
Jun 199312,01769,57816.79$201,765
May 199312,11470,70417.68$214,176
Apr 199313,29177,20118.05$239,903
Mar 19934,79534,70118.14$86,981

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.

Jun 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 66.48 =         $0
Casinghead gas       133 Mcf  × $  3.13 =       $416

────────────────────────────────────────────────────
Month total                                     $416

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/21968 is the state's own key, not one this site invented.