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WEIGELT 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 21985District 03Field 34733500ST-1 filingOilCasinghead gasSaveExport
Value, all time
$80.2 M
Feb 1993 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
400
no gaps in the span
Streams
2
oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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
ST-11none—237966

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
OilDisposition1,259,243 bbl$63,378,581
Casinghead gasProduction5,152,708 Mcf$16,823,512
Total$80,202,094

673,371 Mcf of this lease's gas, across 43 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 (3)

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 30.2329, -96.7208. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

30.23504, -96.72075 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,072 ft
3 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.
3100.0%

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

Between 9,867 and 13,492 ft, median 10,072 ft, over the 3 wells that filed a depth.

Completions filed
Feb 1993 – Aug 2018
3 of 3 wells

3 wells

42-477310573H9,867 ftAug 2018——
42-47730965210,072 ftJul 2007——
42-47730703113,492 ftFeb 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 (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 20262,86512,767106.413.05$343,751
Apr 20262,56512,57698.932.87$289,845
Mar 20262,13011,07189.753.15$226,035
Feb 20262,72111,81063.503.75$217,075
Jan 20261,6258,10259.138.00$160,885
Dec 20252,19211,78056.664.41$176,188
Nov 20252,15811,38658.593.93$171,144
Oct 20252,37012,39059.383.30$181,678
Sep 20252,35112,05962.743.08$184,606
Aug 20252,84913,14063.933.01$221,751
Jul 20252,64412,78766.743.32$218,852
Jun 20253,02213,85266.483.13$244,242
May 20253,31214,67260.553.23$247,966
Apr 20253,22712,54162.363.54$245,670
Mar 20253,57815,33667.704.27$307,690
Feb 20253,30412,85770.884.34$289,998
Jan 20253,59212,80974.324.28$321,763
Dec 20243,39210,20468.993.12$265,865
Nov 20243602,94269.052.20$31,326
Oct 2024412871.372.28$578
Sep 20247124,59869.612.36$60,434
Aug 20242,27011,85375.632.06$196,140
Jul 20244,17818,83379.932.15$374,374
Jun 20243,16116,78678.082.63$291,025
May 20243,48217,25078.812.20$312,340
Apr 20243,76418,52984.451.66$348,613
Mar 20242,51615,72180.301.55$226,326
Feb 20242,51114,43776.091.78$216,812
Jan 20242,50513,04173.023.30$225,920
Dec 20232,87215,94971.262.61$246,297
Nov 20232,83115,22077.892.81$263,238
Oct 20233,74518,23185.443.09$376,257
Sep 20233,39319,06589.042.74$354,256
Aug 20233,72119,78680.522.67$352,501
Jul 20233,53720,02574.852.64$317,647
Jun 20233,94919,35268.962.26$316,029
May 20234,24220,29470.622.23$344,773
Apr 20233,52920,49778.122.24$321,553
Mar 20234,49221,51472.852.39$378,729
Feb 20233,51018,13975.112.47$308,361
Jan 20234,41521,45276.533.39$410,553
Dec 20222,50617,38976.415.73$291,106
Nov 20223,67222,52285.005.65$439,284
Oct 20224,77224,18287.185.86$557,820
Sep 20223,39620,16584.888.16$452,873
Aug 20223,55721,19194.529.13$529,621
Jul 20223,75119,928101.587.54$531,325
Jun 20224,05523,544115.097.98$654,505
May 20224,37024,604109.378.43$685,433
Apr 20224,92823,130104.226.84$671,750
Mar 20223,65920,606108.885.08$502,996
Feb 20224,26621,07991.054.86$490,839
Jan 20223,99424,83581.844.54$439,562
Dec 20214,79927,48271.323.90$449,420
Nov 20214,42027,40677.435.24$485,762
Oct 20214,93529,50279.795.71$562,334
Sep 20215,57729,25769.865.35$546,161
Aug 20215,22731,27166.024.22$477,069
Jul 20214,96632,48270.783.98$480,839
Jun 20216,01231,66469.493.38$524,818
May 20214,87434,69163.483.02$414,088
Apr 20215,69333,67560.362.76$436,519
Mar 20216,99037,67261.302.72$530,840
Feb 20214,27432,66857.805.55$428,278
Jan 20216,93339,32050.412.81$459,992
Dec 20207,10539,80244.642.68$423,656
Nov 20206,35537,19338.772.71$347,049
Oct 20206,72838,28536.972.48$343,621
Sep 20207,00939,09237.091.99$337,798
Aug 20207,68741,88539.982.39$407,226
Jul 20207,47242,52038.371.83$364,305
Jun 20208,40343,09434.901.69$366,107
May 20208,42245,30116.921.81$224,710
Apr 20208,53644,48614.751.80$206,176
Mar 20208,91548,23430.341.86$360,015
Feb 20209,21944,78149.881.98$548,540
Jan 20209,92549,09157.252.09$671,039
Dec 201910,28650,80359.012.30$724,045
Nov 201910,63650,54355.302.75$727,199
Oct 201911,62655,35053.472.42$755,508
Sep 201910,97053,93455.052.66$747,216
Aug 201912,27760,91553.112.30$792,402
Jul 201913,31664,48956.272.46$907,938
Jun 201914,00466,10852.782.49$903,819
May 201915,89273,63158.482.74$1,131,137
Apr 201917,09376,24562.632.75$1,280,262
Mar 201919,64184,78656.803.06$1,375,232
Feb 201920,30375,40450.852.79$1,242,952
Jan 201925,21488,53746.033.23$1,446,414
Dec 201828,20595,73046.594.19$1,714,743
Nov 201832,787101,85552.934.24$2,167,000
Oct 201839,802113,96861.443.40$2,832,707
Sep 201844,392119,51859.543.11$3,014,562
Aug 201838,40997,09959.403.07$2,579,255
Jul 20180065.142.93$0
Jun 201822360.183.08$191
May 201816838965.382.90$12,112
Apr 20181921,00263.842.90$15,164
Mar 20181891,25561.222.79$15,068
Feb 201838483961.782.77$26,044
Jan 20183911,33462.874.01$29,931
Dec 20171911,43757.272.92$15,137
Nov 20171881,42555.423.12$14,863
Oct 20173831,45449.292.98$23,216
Sep 20171881,44847.523.09$13,404
Aug 20173741,28645.373.00$20,832
Jul 2017189043.873.09$8,291
Jun 20173731,41942.493.09$20,230
May 20173831,58645.373.26$22,552
Apr 20171951,48147.933.21$14,103
Mar 20173831,58846.772.98$22,651
Feb 20171951,42650.452.95$14,048
Jan 20173831,54049.413.42$24,189
Dec 20163821,32248.763.72$23,548
Nov 20161901,30442.492.64$11,521
Oct 20163861,67846.193.09$23,015
Sep 20163791,68241.553.10$20,963
Aug 20163601,83141.442.92$20,273
Jul 20167323,57841.622.92$40,929
Jun 20167443,73245.352.69$43,764
May 20167463,45842.521.99$38,605
Apr 20165533,82336.561.99$27,829
Mar 20167553,73333.011.79$31,620
Feb 20167523,54826.472.06$27,227
Jan 20167533,68627.352.36$29,310
Dec 20157353,62732.362.00$31,044
Nov 20157463,44738.792.17$36,408
Oct 20153633,66443.552.43$24,700
Sep 20157593,82742.992.76$43,186
Aug 20159473,94140.162.87$49,352
Jul 20157613,81348.152.95$47,872
Jun 20155623,86956.152.88$42,710
May 20159433,75255.212.96$63,152
Apr 20157473,91349.822.71$47,806
Mar 20157664,18442.892.93$45,133
Feb 20155723,69644.662.98$36,546
Jan 20159524,10343.433.10$54,067
Dec 20147614,29454.693.59$57,040
Nov 20141,1144,34670.464.25$96,971
Oct 20147613,97978.303.90$75,108
Sep 20145533,81386.164.05$63,072
Aug 20141,1314,23989.394.04$118,205
Jul 20147634,11296.564.18$90,862
Jun 20147473,33198.164.74$89,104
May 20149703,82694.734.73$109,972
Apr 20147693,58695.944.81$91,023
Mar 20147734,55795.895.06$97,167
Feb 20141,1813,89997.406.19$139,172
Jan 20147863,92290.404.86$90,118
Dec 20137844,25391.824.35$90,506
Nov 20131,1214,22188.853.74$115,380
Oct 20137674,23797.423.78$90,734
Sep 20139644,272104.113.72$116,244
Aug 20139614,335104.253.52$115,455
Jul 20137564,515102.523.72$94,291
Jun 20131,1524,38394.403.93$125,989
May 20139634,53294.834.15$110,125
Apr 20137554,38493.964.28$89,715
Mar 20131,1164,57393.623.91$122,373
Feb 20139714,06391.233.42$102,479
Jan 20131,1684,63291.603.42$122,830
Dec 20127714,81786.773.42$83,375
Nov 20121,1454,80786.953.62$116,983
Oct 20129554,78789.383.40$101,632
Sep 20121,1234,92794.672.92$120,693
Aug 20127645,11592.662.91$85,667
Jul 20121,2745,17785.133.02$124,094
Jun 20121,1085,11479.822.52$101,323
May 20129065,48591.612.49$96,647
Apr 20121,2575,480101.652.00$138,717
Mar 20129405,119105.052.22$110,122
Feb 20121,2825,021101.102.57$142,515
Jan 20121,1205,42298.092.73$124,685
Dec 20111,2585,60496.873.24$140,018
Nov 20111,3225,55895.723.31$144,946
Oct 20111,1385,94784.983.65$118,405
Sep 20111,3135,85983.623.99$133,146
Aug 20111,2816,01383.404.15$131,785
Jul 20111,3065,76494.144.52$148,984
Jun 20111,4955,44992.904.64$164,168
May 20111,5185,77098.134.40$174,377
Apr 20111,5326,245105.964.33$189,392
Mar 20111,5506,02796.364.06$173,812
Feb 20111,5286,01385.644.18$155,992
Jan 20111,7516,65686.504.59$182,004
Dec 20101,7557,61385.734.35$183,556
Nov 20102,1157,27780.843.80$198,595
Oct 20102,1228,35678.103.51$195,048
Sep 20102,3088,29072.633.98$200,620
Aug 20103,0538,75773.684.42$263,645
Jul 20102,2865,39272.554.74$191,388
Jun 20107693,50570.364.91$71,318
May 20101,1546,14371.124.24$108,089
Apr 20101,3486,17781.694.12$135,584
Mar 20101,3325,96278.394.39$130,581
Feb 20101,1575,32273.585.44$114,096
Jan 20101,3386,32174.365.96$137,193
Dec 20091,5416,34471.445.48$144,878
Nov 20091,5256,64274.593.75$138,667
Oct 20091,3457,03172.544.11$126,465
Sep 20091,5036,53665.543.06$118,538
Aug 20091,3086,89667.423.22$110,380
Jul 20091,3207,90161.133.46$108,065
Jun 20091,5217,16766.163.90$128,545
May 20091,3497,58554.743.93$103,621
Apr 20091,5276,96846.773.59$96,415
Mar 20091,7637,00142.144.06$102,710
Feb 20091,5656,48932.814.63$81,411
Jan 20091,7727,19635.865.37$102,194
Dec 20081,5627,38337.105.98$102,079
Nov 20081,7467,84055.496.86$150,671
Oct 20081,9558,72675.246.92$207,495
Sep 20081,7207,538101.767.88$234,405
Aug 20082,32210,486114.228.48$354,172
Jul 20082,29211,576131.0811.39$432,279
Jun 20082,50411,301131.3313.03$476,132
May 20082,90511,939123.1711.57$495,994
Apr 20082,72011,709110.3110.45$422,459
Mar 20082,73312,381101.909.66$398,144
Feb 20082,73912,32792.538.77$361,555
Jan 20083,13813,06490.388.21$390,812
Dec 20073,52015,42288.337.30$423,533
Nov 20074,08716,21891.677.29$492,912
Oct 20073,85817,73082.856.92$442,362
Sep 20074,81619,37175.846.24$486,201
Aug 20076,70827,06769.066.39$636,157
Jul 20079593,89470.906.39$92,868
Jun 20077763,01662.007.55$70,878
May 20077583,31058.747.85$70,496
Apr 20077793,37959.617.81$72,810
Mar 20077783,53556.927.30$70,096
Feb 20076023,28855.108.22$60,184
Jan 20077983,35550.306.73$62,708
Dec 20067933,38456.656.92$68,335
Nov 20065923,59254.207.62$59,448
Oct 20067883,89454.906.01$66,679
Sep 20067843,91060.085.04$66,798
Aug 20067804,11068.717.34$83,761
Jul 20067734,16269.376.34$80,022
Jun 20067824,00566.286.38$77,398
May 20069754,32966.016.42$92,174
Apr 20067874,04464.397.36$80,441
Mar 20069884,27356.707.08$86,285
Feb 20066013,76157.597.75$63,764
Jan 20069924,54760.598.93$100,725
Dec 20059904,22254.9413.42$111,030
Nov 20059494,24454.6910.59$96,838
Oct 20059864,57458.3413.80$120,625
Sep 20051,1764,23961.4512.08$123,468
Aug 20059755,00761.519.80$109,025
Jul 20051,1785,58655.697.84$109,417
Jun 20051,5766,23852.337.38$128,515
May 20051,5526,03445.226.65$110,315
Apr 20051,5694,93649.207.36$113,526
Mar 20051,3694,56850.377.15$101,640
Feb 20051,3683,98745.226.31$87,027
Jan 20051,1772,56343.166.32$67,003
Dec 20043962,90139.866.75$35,369
Nov 20047952,85245.286.33$54,052
Oct 20041,1683,34349.706.52$79,830
Sep 20047563,05743.245.28$48,842
Aug 20041,1683,09842.375.55$66,684
Jul 20041,1653,62138.286.08$66,627
Jun 20041,5463,71236.106.43$79,690
May 20041,3482,85537.486.49$69,065
Apr 200416821834.475.86$7,068
Mar 20049853,04034.365.53$50,656
Feb 20047923,18332.455.51$43,238
Jan 20041,1843,33432.036.30$58,927
Dec 20031,1903,54830.266.30$58,368
Nov 20039853,41028.804.60$44,038
Oct 20031,1742,78228.174.76$46,313
Sep 20031,1792,19426.314.75$41,440
Aug 20031,1712,71729.765.13$48,786
Jul 20031,3692,58729.415.17$53,639
Jun 20031,2802,24828.565.98$50,006
May 20031,2782,15726.595.97$46,865
Apr 20031,4603,84226.675.41$59,713
Mar 20031,0821,88831.146.10$45,203
Feb 20039284,96333.487.93$70,406
Jan 20031,4663,91330.315.58$66,277
Dec 20021,2705,79826.914.85$62,318
Nov 20021,2735,76624.664.14$55,246
Oct 20021,4646,06326.464.23$64,379
Sep 20021,2685,88927.443.64$56,202
Aug 20021,4276,23425.963.16$56,770
Jul 20021,4416,33924.583.06$54,828
Jun 20021,4386,18123.733.34$54,757
May 20021,4626,45524.663.58$59,188
Apr 20021,4726,32623.653.51$57,032
Mar 20021,4606,41422.003.10$52,021
Feb 20021,5795,14218.222.38$40,985
Jan 20021,2726,18317.172.38$36,529
Dec 20011,4566,39216.932.36$39,763
Nov 20011,4656,39218.072.41$41,849
Oct 20011,4806,76319.782.53$46,377
Sep 20011,4716,45924.262.25$50,228
Aug 20011,6447,03224.873.05$62,356
Jul 20011,6277,35123.933.20$62,436
Jun 20011,6317,52724.563.82$68,842
May 20011,6217,26925.524.31$72,678
Apr 20011,6287,69124.685.34$81,213
Mar 20011,6597,67824.545.38$81,992
Feb 20011,5311,07127.755.77$48,662
Jan 20011,8148,32627.478.40$119,759
Dec 20002,0608,82826.889.12$135,906
Nov 20001,8938,31232.215.66$108,003
Oct 20001,8788,40631.235.15$101,903
Sep 20002,0719,28531.875.19$114,159
Aug 20002,06910,17229.644.54$107,514
Jul 20002,37110,72228.534.09$111,495
Jun 20002,35311,12829.304.40$117,876
May 20002,78812,25827.263.68$121,107
Apr 20002,72911,72324.513.12$103,417
Mar 20003,87912,70228.422.86$146,566
Feb 20004,24414,19827.622.73$155,930
Jan 20005,93317,19325.272.48$192,574
Dec 199936320524.282.42$9,311
Nov 19999004,39623.192.43$31,571
Oct 19999004,93120.982.80$32,707
Sep 19991,0794,90321.752.62$36,308
Aug 19991,2554,62819.262.88$37,480
Jul 19991,0674,75217.892.37$30,362
Jun 19991,4297,07415.942.36$39,488
May 19991,4246,88215.792.32$38,458
Apr 19992,15611,99815.102.21$59,048
Mar 19992,1397,19712.471.84$39,904
Feb 19995284,2039.981.82$12,910
Jan 19991,0845,05110.381.90$20,849
Dec 19981,2635,3329.201.77$21,075
Nov 19987104,36610.892.19$17,275
Oct 19981,0765,60512.421.97$24,401
Sep 19981,2535,48212.592.08$27,192
Aug 19981,4296,19111.301.91$27,956
Jul 19981,2276,90711.742.24$29,858
Jun 19981,7716,43811.242.24$34,310
May 19981,5976,86012.622.21$35,290
Apr 19981,4395,32313.042.51$32,100
Mar 19981,4364,97112.802.31$29,861
Feb 19981,7495,05313.952.30$36,016
Jan 19981,6253,89414.702.15$32,278
Dec 19971,7717,63516.322.41$47,311
Nov 19971,9862,06518.193.09$42,503
Oct 19971,6077,70919.253.15$55,217
Sep 19972,29710,92317.742.95$73,025
Aug 19972,1337,17617.862.55$56,428
Jul 19971,5893,87417.582.25$36,639
Jun 19971,7745,01117.242.26$41,895
May 19971,5831,08718.972.31$32,539
Apr 19971,4376,27817.882.08$38,769
Mar 19971,44164818.951.94$28,564
Feb 19971,2445,52320.492.21$37,673
Jan 19971,8095,35223.483.54$61,420
Dec 19961,0586,14823.32—$24,673
Nov 19961,5973,57521.97—$35,086
Oct 19961,0684223.31—$24,895
Sep 19961,5652,89522.22—$34,774
Aug 19961,9553,60420.26—$39,608
Jul 19961,9354,63319.55—$37,829
Jun 19962,1334,33418.73—$39,951
May 19961,7784,90219.43—$34,547
Apr 19962,3135,50021.51—$49,753
Mar 19962,1682,31119.38—$42,016
Feb 19961,995016.98—$33,875
Jan 19962,165017.07—$36,957
Dec 19952,359017.19—$40,551
Nov 19951,956016.00—$31,296
Oct 19953,1366,95315.43—$48,388
Sep 19951,4115,18016.18—$22,830
Aug 19951,8035,73815.92—$28,704
Jul 19952,3096,52715.24—$35,189
Jun 19952,1387,44416.41—$35,085
May 19952,3296,82617.56—$40,897
Apr 19952,1677,50017.73—$38,421
Mar 19952,5098,81216.44—$41,248
Feb 19951,6137,07516.58—$26,744
Jan 19951,8267,14315.92—$29,070
Dec 19942,52710,97615.03—$37,981
Nov 19943,0428,19915.90—$48,368
Oct 19943,01210,89715.58—$46,927
Sep 19942,86011,19015.29—$43,729
Aug 19943,35811,95216.13—$54,165
Jul 19943,74312,77417.56—$65,727
Jun 19943,72513,42217.09—$63,660
May 19944,27116,09415.88—$67,823
Apr 19945,63918,37414.14—$79,735
Mar 19944,45315,07412.46—$55,484
Feb 19944,26914,01612.50—$53,363
Jan 19945,22715,87712.66—$66,174
Dec 19936,01921,65212.33—$74,214
Nov 19935,69622,10414.49—$82,535
Oct 19936,78925,05215.85—$107,606
Sep 19936,96228,72615.03—$104,639
Aug 19937,72033,08415.66—$120,895
Jul 19938,13729,79415.46—$125,798
Jun 199310,58143,43816.79—$177,655
May 199313,98946,98017.68—$247,326
Apr 199316,30948,73918.05—$294,377
Mar 199325,79755,44118.14—$467,958
Feb 199326,44652,37417.90—$473,383

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                2,865 bbl  × $106.41 =   $304,865
Casinghead gas    12,767 Mcf  × $  3.05 =    $38,886

────────────────────────────────────────────────────
Month total                                 $343,751

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/21985 is the state's own key, not one this site invented.