WILLIAMS ESTATE

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 21994District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$11.6 M
Mar 1993 – Sep 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
379
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
OilDisposition517,289 bbl$10,208,093
Casinghead gasProduction1,372,356 Mcf$1,382,574
Total$11,590,667

1,031,392 Mcf of this lease's gas, across 45 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 (2)

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 29.9957, -96.9880. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

29.99573, -96.98798 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
12,814 ft
2 wells filed one
Completion to plug
31.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 12,517 and 13,110 ft, median 12,814 ft, over the 2 wells that filed a depth.

Completions filed
Mar 1993 – May 1993
2 of 2 wells
Plug dates filed
Aug 2024
2 of 2 wells

Last completion to plug: a median of 31.3 years across the 2 wells that filed both dates, with the middle half between 31.3 years and 31.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-14932740212,517 ftMay 1993Aug 2024Yes
42-14932736113,110 ftMar 1993Aug 2024Yes

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 (379)

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

379 months

Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016250042.521.99$10,630
Apr 2016032436.561.99$645
Mar 201635744133.011.79$12,576
Feb 2016030326.472.06$625
Jan 2016038727.352.36$915
Dec 20153528132.362.00$11,553
Nov 2015038738.792.17$839
Oct 201518835243.552.43$9,042
Sep 2015030242.992.76$833
Aug 2015029440.162.87$845
Jul 201517931248.152.95$9,538
Jun 201518031856.152.88$11,024
May 2015040755.212.96$1,203
Apr 201518832549.822.71$10,246
Mar 201518541042.892.93$9,138
Feb 2015027044.662.98$804
Jan 201518642243.433.10$9,386
Dec 2014043154.693.59$1,548
Nov 201419753670.464.25$16,160
Oct 201418950478.303.90$16,765
Sep 2014052386.164.05$2,116
Aug 201436561289.394.04$35,097
Jul 201418753096.564.18$20,272
Jun 201418428598.164.74$19,411
May 2014046594.734.73$2,198
Apr 201418950395.944.81$20,552
Mar 201419250095.895.06$20,939
Feb 201418760897.406.19$21,979
Jan 201418260990.404.86$19,413
Dec 2013062791.824.35$2,730
Nov 201331854988.853.74$30,307
Oct 2013048597.423.78$1,833
Sep 2013192469104.113.72$21,733
Aug 2013183482104.253.52$20,776
Jul 20130580102.523.72$2,156
Jun 201337164294.403.93$37,548
May 2013052694.834.15$2,182
Apr 201318228893.964.28$18,334
Mar 201318354993.623.91$19,281
Feb 201318957291.233.42$19,199
Jan 201318561091.603.42$19,032
Dec 201237671186.773.42$35,057
Nov 2012063086.953.62$2,284
Oct 2012082989.383.40$2,818
Sep 201237069494.672.92$37,053
Aug 2012052592.662.91$1,527
Jul 201236648985.133.02$32,635
Jun 201218559079.822.52$16,253
May 201218250491.612.49$17,927
Apr 2012188551101.652.00$20,210
Mar 20120484105.052.22$1,075
Feb 2012191451101.102.57$20,469
Jan 2012056398.092.73$1,539
Dec 201138655396.873.24$39,183
Nov 2011043795.723.31$1,447
Oct 201118554384.983.65$17,702
Sep 201119347383.623.99$18,024
Aug 2011049883.404.15$2,066
Jul 201118653194.144.52$19,909
Jun 201118846792.904.64$19,632
May 201119561398.134.40$21,836
Apr 2011186541105.964.33$22,053
Mar 201119046896.364.06$20,207
Feb 2011051685.644.18$2,157
Jan 201137763386.504.59$35,515
Dec 201018861285.734.35$18,778
Nov 201019059780.843.80$17,625
Oct 2010046578.103.51$1,632
Sep 201037445172.633.98$28,958
Aug 2010044073.684.42$1,945
Jul 201018952672.554.74$16,203
Jun 201018850570.364.91$15,707
May 201019550171.124.24$15,990
Apr 2010038681.694.12$1,591
Mar 201018748378.394.39$16,779
Feb 201019446373.585.44$16,794
Jan 201019051074.365.96$17,170
Dec 200918646471.445.48$15,832
Nov 200918941874.593.75$15,666
Oct 2009058172.544.11$2,388
Sep 200936642265.543.06$25,281
Aug 200918745767.423.22$14,078
Jul 200918947161.133.46$13,185
Jun 2009056166.163.90$2,185
May 200938060854.743.93$23,188
Apr 2009051646.773.59$1,851
Mar 200919523542.144.06$9,171
Feb 200919868432.814.63$9,665
Jan 200939476035.865.37$18,211
Dec 2008078737.105.98$4,704
Nov 200839190955.496.86$27,933
Oct 200819592175.246.92$21,047
Sep 2008377463101.767.88$42,011
Aug 20080500114.228.48$4,242
Jul 2008189656131.0811.39$32,246
Jun 2008193655131.3313.03$33,883
May 2008193603123.1711.57$30,751
Apr 2008389726110.3110.45$50,501
Mar 20080736101.909.66$7,113
Feb 200819575792.538.77$24,683
Jan 200839380790.388.21$42,141
Dec 200739096488.337.30$41,488
Nov 200719891291.677.29$24,801
Oct 200738596582.856.92$38,577
Sep 200719273275.846.24$19,132
Aug 200738379069.066.39$31,496
Jul 200719794870.906.39$20,023
Jun 200739790762.007.55$31,460
May 200719699858.747.85$19,344
Apr 200759092159.617.81$42,358
Mar 200739096956.927.30$29,274
Feb 200738674055.108.22$27,348
Jan 200718878250.306.73$14,717
Dec 200618784456.656.92$16,433
Nov 2006080154.207.62$6,102
Oct 200637487254.906.01$25,777
Sep 200618385760.085.04$15,312
Aug 20061831,00468.717.34$19,943
Jul 20063661,10269.376.34$32,379
Jun 20061871,09566.286.38$19,385
May 200635782066.016.42$28,834
Apr 200634886864.397.36$28,797
Mar 20061941,08356.707.08$18,671
Feb 20061843,13557.597.75$34,896
Jan 200636796560.598.93$30,857
Dec 200518698054.9413.42$23,366
Nov 20053661,17054.6910.59$32,405
Oct 200552198158.3413.80$43,929
Sep 2005389861.4512.08$11,031
Aug 200533993961.519.80$30,051
Jul 200518598455.697.84$18,021
Jun 20053381,25152.337.38$26,921
May 20053451,46145.226.65$25,318
Apr 20053631,30549.207.36$27,465
Mar 20053421,42250.377.15$27,401
Feb 20051681,32145.226.31$15,935
Jan 20053481,45143.166.32$24,193
Dec 20043391,40439.866.75$22,991
Nov 20043071,40845.286.33$22,814
Oct 20043531,40949.706.52$26,724
Sep 20043651,28443.245.28$22,567
Aug 20041781,31742.375.55$14,852
Jul 20043501,39238.286.08$21,867
Jun 20043231,34836.106.43$20,332
May 20043441,48137.486.49$22,512
Apr 20045311,30734.475.86$25,961
Mar 20043701,37534.365.53$20,317
Feb 20043731,33832.455.51$19,476
Jan 20043741,50332.036.30$21,448
Dec 20033711,85130.266.30$22,891
Nov 20035471,49328.804.60$22,614
Oct 20033551,52728.174.76$17,268
Sep 20035431,53826.314.75$21,591
Aug 20033591,57429.765.13$18,758
Jul 20031901,62129.415.17$13,970
Jun 20037331,56528.565.98$30,298
May 20031791,63126.595.97$14,501
Apr 20035471,71126.675.41$23,840
Mar 20035581,65131.146.10$27,441
Feb 20033541,47033.487.93$23,503
Jan 20037261,85530.315.58$32,360
Dec 20025651,68926.914.85$23,402
Nov 200201,63724.664.14$6,772
Oct 20023601,69226.464.23$16,681
Sep 20025201,60127.443.64$20,089
Aug 20026861,68125.963.16$23,128
Jul 20023611,75524.583.06$14,247
Jun 20023541,97323.733.34$14,987
May 20025432,01224.663.58$20,601
Apr 20025411,88323.653.51$19,408
Mar 20025431,91622.003.10$17,891
Feb 20023581,78718.222.38$10,768
Jan 20027271,98717.172.38$17,203
Dec 20013552,12416.932.36$11,032
Nov 20017032,24818.072.41$18,111
Oct 20015332,27019.782.53$16,283
Sep 20017132,42524.262.25$22,757
Aug 20011,0342,61024.873.05$33,684
Jul 20013442,26823.933.20$15,483
Jun 20015392,23524.563.82$21,785
May 20017112,38225.524.31$28,405
Apr 20016983,17424.685.34$34,161
Mar 20011,0962,78124.545.38$41,848
Feb 20017232,54427.755.77$34,735
Jan 20017102,69727.478.40$42,155
Dec 20007252,13226.889.12$38,937
Nov 20005392,75832.215.66$32,966
Oct 20007202,33631.235.15$34,505
Sep 20008972,12831.875.19$39,624
Aug 20003512,16729.644.54$20,243
Jul 20003541,73528.534.09$17,195
Jun 20006971,92529.304.40$28,887
May 20006913,48627.263.68$31,664
Apr 20003562,48224.513.12$16,459
Mar 20001,0542,74728.422.86$37,810
Feb 20005473,18027.622.73$23,778
Jan 20001,2653,32525.272.48$40,214
Dec 19997133,57624.282.42$25,979
Nov 19997242,52723.192.43$22,940
Oct 19997203,59620.982.80$25,188
Sep 19991,0623,89421.752.62$33,296
Aug 19991,2334,76019.262.88$37,435
Jul 19991,2404,79517.892.37$33,559
Jun 19998653,29615.942.36$21,574
May 19991,0733,49615.792.32$25,057
Apr 19991,2474,44915.102.21$28,653
Mar 19999045,56612.471.84$21,505
Feb 19991,4505,1729.981.82$23,873
Jan 19991,4595,38710.381.90$25,379
Dec 19981,4515,0799.201.77$22,356
Nov 19981,0844,68810.892.19$22,051
Oct 19981,7755,10012.421.97$32,088
Sep 19981,2364,71212.592.08$25,375
Aug 19981,6204,90411.301.91$27,660
Jul 19981,2374,38011.742.24$24,322
Jun 19981,5993,41111.242.24$25,604
May 19981,6302,80412.622.21$26,757
Apr 19981,0702,07713.042.51$19,156
Mar 19981,2422,14412.802.31$20,849
Feb 19987281,74513.952.30$14,168
Jan 19981,4571,69814.702.15$25,077
Dec 19971,0981,43516.322.41$21,379
Nov 19971,6621,12918.193.09$33,718
Oct 19977181,19219.253.15$17,576
Sep 199772090817.742.95$15,456
Aug 1997043117.862.55$1,101
Jul 19973557717.582.25$6,414
Jun 19970117.242.26$2
May 19970018.972.31$0
Apr 1997365017.882.08$6,526
Mar 19971,63211,07418.951.94$52,400
Feb 19972,00911,82420.492.21$67,247
Jan 19972,12511,82523.483.54$91,752
Dec 19961,83210,92123.32$42,722
Nov 19961,4565,96721.97$31,988
Oct 19961,8269,79523.31$42,564
Sep 19962,00112,09022.22$44,462
Aug 19962,14512,97020.26$43,458
Jul 19962,50012,17719.55$48,875
Jun 19962,50210,16118.73$46,862
May 19962,18211,48919.43$42,396
Apr 19962,73012,07521.51$58,722
Mar 19962,71811,32219.38$52,675
Feb 19962,3769,92416.98$40,344
Jan 19961,6535,79717.07$28,217
Dec 19951,4824,98917.19$25,476
Nov 19952,73214,08116.00$43,712
Oct 19952,00810,69115.43$30,983
Sep 19952,36911,27416.18$38,330
Aug 19953,65712,19015.92$58,219
Jul 19952,68411,73015.24$40,904
Jun 19953,23412,58116.41$53,070
May 19954,64713,85117.56$81,601
Apr 19954,24714,77117.73$75,299
Mar 19952,95415,34616.44$48,564
Feb 19953,73514,13616.58$61,926
Jan 19954,94517,26215.92$78,724
Dec 19944,88716,58615.03$73,452
Nov 19944,67814,91315.90$74,380
Oct 19944,33816,60815.58$67,586
Sep 19944,69518,69715.29$71,787
Aug 19945,58421,14816.13$90,070
Jul 19946,60024,91517.56$115,896
Jun 19946,62025,37017.09$113,136
May 19948,11026,61515.88$128,787
Apr 19947,44126,69014.14$105,216
Mar 19948,28629,12712.46$103,244
Feb 19947,94828,46212.50$99,350
Jan 199410,63236,88312.66$134,601
Dec 199312,07038,89912.33$148,823
Nov 199314,03840,98414.49$203,411
Oct 199319,32451,05015.85$306,285
Sep 199325,20251,15515.03$378,786
Aug 199334,78964,87315.66$544,796
Jul 199344,13070,92915.46$682,250
Jun 199352,64368,36916.79$883,876
May 199346,70252,30717.68$825,691
Apr 199326,16829,22218.05$472,332
Mar 19930018.14$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 2016 — as filed, then multipliedworked
Oil                  250 bbl  × $ 42.52 =    $10,630
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                  $10,630

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/21994 is the state's own key, not one this site invented.