BAILEY 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 22238District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$7.6 M
Oct 1993 – May 2026
Value, last 12 filed months
$112 k
at the published price for each month
Months reported
392
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
OilDisposition260,258 bbl$7,433,262
Casinghead gasProduction102,413 Mcf$187,814
Total$7,621,076

57,234 Mcf of this lease's gas, across 39 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 30.6043, -96.6600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.60428, -96.65999 · 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
11,026 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 11,026 ft.

Completions filed
Oct 1993
1 of 1 wells

1 well

42-05133395111,026 ftOct 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 (392)

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

392 months

May 20261830106.413.05$19,473
Apr 20260098.932.87$0
Mar 2026178089.753.15$15,976
Feb 2026189063.503.75$12,002
Jan 20260059.138.00$0
Dec 2025181056.664.41$10,255
Nov 2025176058.593.93$10,312
Oct 2025178059.383.30$10,570
Sep 2025163062.743.08$10,227
Aug 20250063.933.01$0
Jul 2025171066.743.32$11,413
Jun 2025175066.483.13$11,634
May 2025176060.553.23$10,657
Apr 2025178062.363.54$11,100
Mar 2025352067.704.27$23,830
Feb 2025171070.884.34$12,120
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024175069.052.20$12,084
Oct 20241071.372.28$71
Sep 2024182069.612.36$12,669
Aug 2024178075.632.06$13,462
Jul 2024168079.932.15$13,428
Jun 20240078.082.63$0
May 2024177078.812.20$13,949
Apr 2024194084.451.66$16,383
Mar 2024182080.301.55$14,615
Feb 2024161076.091.78$12,250
Jan 2024181073.023.30$13,217
Dec 20230071.262.61$0
Nov 2023184077.892.81$14,332
Oct 2023180085.443.09$15,379
Sep 2023178089.042.74$15,849
Aug 2023169080.522.67$13,608
Jul 2023199074.852.64$14,895
Jun 20230068.962.26$0
May 2023174070.622.23$12,288
Apr 2023180078.122.24$14,062
Mar 2023201072.852.39$14,643
Feb 2023196075.112.47$14,722
Jan 2023177076.533.39$13,546
Dec 20220076.415.73$0
Nov 2022166085.005.65$14,110
Oct 2022176087.185.86$15,344
Sep 2022200084.888.16$16,976
Aug 2022168094.529.13$15,879
Jul 20221980101.587.54$20,113
Jun 20221730115.097.98$19,911
May 20221790109.378.43$19,577
Apr 20221840104.226.84$19,176
Mar 20221770108.885.08$19,272
Feb 2022180091.054.86$16,389
Jan 20220081.844.54$0
Dec 2021184071.323.90$13,123
Nov 2021176077.435.24$13,628
Oct 2021147079.795.71$11,729
Sep 2021179069.865.35$12,505
Aug 2021181066.024.22$11,950
Jul 2021188070.783.98$13,307
Jun 2021180069.493.38$12,508
May 2021175063.483.02$11,109
Apr 2021180060.362.76$10,865
Mar 2021342061.302.72$20,965
Feb 20210057.805.55$0
Jan 2021174050.412.81$8,771
Dec 2020186044.642.68$8,303
Nov 2020172038.772.71$6,668
Oct 2020180036.972.48$6,655
Sep 2020176037.091.99$6,528
Aug 2020170039.982.39$6,797
Jul 2020356038.371.83$13,660
Jun 2020177034.901.69$6,177
May 2020179016.921.81$3,029
Apr 20200014.751.80$0
Mar 2020177030.341.86$5,370
Feb 2020181049.881.98$9,028
Jan 2020180057.252.09$10,305
Dec 2019176059.012.30$10,386
Nov 2019183055.302.75$10,120
Oct 2019352053.472.42$18,821
Sep 2019179055.052.66$9,854
Aug 2019177053.112.30$9,400
Jul 2019177056.272.46$9,960
Jun 2019339052.782.49$17,892
May 2019176058.482.74$10,292
Apr 2019176062.632.75$11,023
Mar 2019344056.803.06$19,539
Feb 2019175050.852.79$8,899
Jan 2019181046.033.23$8,331
Dec 2018347046.594.19$16,167
Nov 2018180052.934.24$9,527
Oct 2018375061.443.40$23,040
Sep 2018188059.543.11$11,194
Aug 2018182059.403.07$10,811
Jul 2018369065.142.93$24,037
Jun 2018363060.183.08$21,845
May 2018189065.382.90$12,357
Apr 2018368063.842.90$23,493
Mar 2018377061.222.79$23,080
Feb 2018175061.782.77$10,812
Jan 2018379062.874.01$23,828
Dec 2017366057.272.92$20,961
Nov 2017540055.423.12$29,927
Oct 2017381049.292.98$18,779
Sep 2017729047.523.09$34,642
Aug 2017362045.373.00$16,424
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017168045.373.26$7,622
Apr 2017186047.933.21$8,915
Mar 2017181046.772.98$8,465
Feb 2017181050.452.95$9,131
Jan 2017181049.413.42$8,943
Dec 2016172048.763.72$8,387
Nov 2016186042.492.64$7,903
Oct 2016183046.193.09$8,453
Sep 2016178041.553.10$7,396
Aug 2016179041.442.92$7,418
Jul 2016176041.622.92$7,325
Jun 2016173045.352.69$7,846
May 2016177042.521.99$7,526
Apr 2016176036.561.99$6,435
Mar 20160033.011.79$0
Feb 2016169026.472.06$4,473
Jan 2016175027.352.36$4,786
Dec 2015179032.362.00$5,792
Nov 2015180038.792.17$6,982
Oct 2015182043.552.43$7,926
Sep 2015181042.992.76$7,781
Aug 2015181040.162.87$7,269
Jul 2015181048.152.95$8,715
Jun 2015174056.152.88$9,770
May 20150055.212.96$0
Apr 2015182049.822.71$9,067
Mar 2015178042.892.93$7,634
Feb 2015187044.662.98$8,351
Jan 2015187043.433.10$8,121
Dec 2014180054.693.59$9,844
Nov 2014185070.464.25$13,035
Oct 2014179078.303.90$14,016
Sep 2014187086.164.05$16,112
Aug 2014183089.394.04$16,358
Jul 20140096.564.18$0
Jun 2014184098.164.74$18,061
May 2014162094.734.73$15,346
Apr 201418421095.944.81$18,663
Mar 201418021795.895.06$18,358
Feb 201418619697.406.19$19,330
Jan 201418321790.404.86$17,598
Dec 201318021791.824.35$17,473
Nov 201318521088.853.74$17,222
Oct 201318021797.423.78$18,356
Sep 2013180210104.113.72$19,521
Aug 2013179217104.253.52$19,425
Jul 2013184217102.523.72$19,670
Jun 201317921094.403.93$17,724
May 201318521794.834.15$18,444
Apr 201317821093.964.28$17,624
Mar 201318121793.623.91$17,794
Feb 201318119691.233.42$17,183
Jan 201335921791.603.42$33,627
Dec 2012021786.773.42$742
Nov 201217421086.953.62$15,891
Oct 201234021789.383.40$31,127
Sep 2012179094.672.92$16,946
Aug 2012178092.662.91$16,493
Jul 2012180085.133.02$15,323
Jun 201217921079.822.52$14,817
May 201217121791.612.49$16,205
Apr 2012182210101.652.00$18,920
Mar 2012190217105.052.22$20,442
Feb 2012180203101.102.57$18,720
Jan 201235721798.092.73$35,611
Dec 201117321796.873.24$17,462
Nov 201117821095.723.31$17,734
Oct 201117621784.983.65$15,748
Sep 201118521083.623.99$16,307
Aug 201118521783.404.15$16,329
Jul 201117921794.144.52$17,831
Jun 201117821092.904.64$17,511
May 201136521798.134.40$36,773
Apr 2011184210105.964.33$20,407
Mar 201118321796.364.06$18,514
Feb 201117919685.644.18$16,149
Jan 201137421786.504.59$33,347
Dec 201018521785.734.35$16,804
Nov 201018221080.843.80$15,510
Oct 201018821778.103.51$15,444
Sep 201018021072.633.98$13,909
Aug 201018121773.684.42$14,295
Jul 201036021772.554.74$27,146
Jun 201018421070.364.91$13,977
May 201017921771.124.24$13,650
Apr 201018221081.694.12$15,733
Mar 201035821778.394.39$29,016
Feb 201017619673.585.44$14,017
Jan 201018021774.365.96$14,679
Dec 200935721771.445.48$26,694
Nov 200917919774.593.75$14,091
Oct 200918021772.544.11$13,949
Sep 200935821065.543.06$24,107
Aug 200918121767.423.22$12,901
Jul 200917621761.133.46$11,511
Jun 200917921066.163.90$12,661
May 200934821754.743.93$19,901
Apr 200918221046.773.59$9,266
Mar 200937021742.144.06$16,473
Feb 200918319632.814.63$6,912
Jan 200918721035.865.37$7,834
Dec 200837421737.105.98$15,172
Nov 200818020355.496.86$11,381
Oct 200836721775.246.92$29,115
Sep 2008195210101.767.88$21,497
Aug 2008381218114.228.48$45,367
Jul 2008398211131.0811.39$54,573
Jun 2008195211131.3313.03$28,359
May 2008194218123.1711.57$26,418
Apr 2008374204110.3110.45$43,389
Mar 2008378218101.909.66$40,625
Feb 200838220492.538.77$37,136
Jan 200837321890.388.21$35,501
Dec 2007021888.337.30$1,592
Nov 200737121091.677.29$35,541
Oct 200738321782.856.92$33,234
Sep 2007021075.846.24$1,311
Aug 20073803069.066.39$26,434
Jul 20073862670.906.39$27,533
Jun 200703062.007.55$226
May 20073793158.747.85$22,506
Apr 20073813059.617.81$22,946
Mar 20071893156.927.30$10,984
Feb 20073752855.108.22$20,893
Jan 20071893150.306.73$9,715
Dec 20061833156.656.92$10,581
Nov 20063653054.207.62$20,012
Oct 20063693054.906.01$20,439
Sep 20063623060.085.04$21,900
Aug 20063743168.717.34$25,925
Jul 20061793169.376.34$12,614
Jun 20063653066.286.38$24,384
May 20061873166.016.42$12,543
Apr 20063702664.397.36$24,016
Mar 20063823156.707.08$21,879
Feb 20063862857.597.75$22,447
Jan 20063723160.598.93$22,816
Dec 20051833054.9413.42$10,456
Nov 20053813054.6910.59$21,155
Oct 20055453158.3413.80$32,223
Sep 20051943061.4512.08$12,284
Aug 20055583161.519.80$34,626
Jul 20053703155.697.84$20,848
Jun 20051833052.337.38$9,798
May 20053733145.226.65$17,073
Apr 20053803049.207.36$18,917
Mar 20053676850.377.15$18,972
Feb 20053713645.226.31$17,004
Jan 20051947343.166.32$8,835
Dec 20045073139.866.75$20,418
Nov 20043843045.286.33$17,577
Oct 20043864949.706.52$19,503
Sep 20043803043.245.28$16,590
Aug 20043663142.375.55$15,679
Jul 20047686538.286.08$29,795
Jun 20043703136.106.43$13,556
May 20043697937.486.49$14,343
Apr 20043788534.475.86$13,528
Mar 200436215834.365.53$13,312
Feb 20043897632.455.51$13,042
Jan 200437226732.036.30$13,597
Dec 200355317630.266.30$17,843
Nov 20033657728.804.60$10,866
Oct 20033758628.174.76$10,973
Sep 200373227326.314.75$20,556
Aug 200336731229.765.13$12,522
Jul 200336649029.415.17$13,298
Jun 200335314628.565.98$10,955
May 200372316526.595.97$20,210
Apr 200336916226.675.41$10,717
Mar 200337420131.146.10$12,872
Feb 200373214033.487.93$25,617
Jan 200337312730.315.58$12,015
Dec 200274317326.914.85$20,834
Nov 200236818324.664.14$9,832
Oct 200273930726.464.23$20,852
Sep 200236232627.443.64$11,118
Aug 200271334525.963.16$19,601
Jul 200237037124.583.06$10,231
Jun 200274035723.733.34$18,752
May 200272737224.663.58$19,261
Apr 200236726923.653.51$9,624
Mar 200274432322.003.10$17,370
Feb 200275320018.222.38$14,195
Jan 200236910317.172.38$6,580
Dec 20017408116.932.36$12,720
Nov 200173621818.072.41$13,824
Oct 200172430419.782.53$15,090
Sep 200173938224.262.25$18,788
Aug 200174139024.873.05$19,619
Jul 200174238623.933.20$18,990
Jun 200173855224.563.82$20,236
May 200174127925.524.31$20,112
Apr 200175143024.685.34$20,829
Mar 20011,11838124.545.38$29,484
Feb 20011,11228927.755.77$32,525
Jan 20011,46657327.478.40$45,084
Dec 20001,29762126.889.12$40,528
Nov 20001,10038932.215.66$37,632
Oct 20001,09771631.235.15$37,943
Sep 20001,46136031.875.19$48,429
Aug 20001,08926429.644.54$33,477
Jul 20001,11133328.534.09$33,059
Jun 200072915529.304.40$22,041
May 2000112527.263.68$392
Apr 2000133024.513.12$412
Mar 20000728.422.86$20
Feb 200036532127.622.73$10,957
Jan 200054626725.272.48$14,460
Dec 199972524224.282.42$18,190
Nov 199936728523.192.43$9,204
Oct 199954134020.982.80$12,303
Sep 199974532421.752.62$17,052
Aug 199937041119.262.88$8,308
Jul 199973553217.892.37$14,411
Jun 199972943815.942.36$12,655
May 199973643015.792.32$12,619
Apr 199935939915.102.21$6,302
Mar 199974133812.471.84$9,862
Feb 19993673569.981.82$4,310
Jan 199973432210.381.90$8,231
Dec 19987434299.201.77$7,596
Nov 199873342510.892.19$8,911
Oct 199874543412.421.97$10,108
Sep 199873039912.592.08$10,022
Aug 199872545711.301.91$9,064
Jul 199873431711.742.24$9,326
Jun 19987303011.242.24$8,272
May 19987263012.622.21$9,228
Apr 19987653013.042.51$10,051
Mar 19987383012.802.31$9,516
Feb 19987342613.952.30$10,299
Jan 19989183114.702.15$13,561
Dec 19979183116.322.41$15,057
Nov 199774413618.193.09$13,953
Oct 199773823119.253.15$14,934
Sep 199774317817.742.95$13,707
Aug 19971,11147917.862.55$21,066
Jul 19971,12340817.582.25$20,659
Jun 19971,07472517.242.26$20,152
May 199772565518.972.31$15,265
Apr 19971,09292117.882.08$21,443
Mar 19971,09463318.951.94$21,959
Feb 19971,43599920.492.21$31,607
Jan 19971,08494923.483.54$28,812
Dec 19961,08295023.32$25,232
Nov 19961,45171821.97$31,878
Oct 19961,44491723.31$33,660
Sep 19961,0781,08922.22$23,953
Aug 19961,7401,27920.26$35,252
Jul 19961,43982319.55$28,132
Jun 19961,7961,10218.73$33,639
May 19961,80699619.43$35,091
Apr 19962,1811,33821.51$46,913
Mar 19962,5521,19119.38$49,458
Feb 19962,1771,05516.98$36,965
Jan 19962,2141,22417.07$37,793
Dec 19952,5611,46317.19$44,024
Nov 19952,9161,83116.00$46,656
Oct 19953,6042,36915.43$55,610
Sep 19952,88588616.18$46,679
Aug 19951,07946815.92$17,178
Jul 19952,5211,23115.24$38,420
Jun 19952,16883816.41$35,577
May 19952,52380217.56$44,304
Apr 19952,52576817.73$44,768
Mar 19952,57584516.44$42,333
Feb 19952,5351,00216.58$42,030
Jan 19951,44871615.92$23,052
Dec 19942,3201,33015.03$34,870
Nov 19942,3321,31515.90$37,079
Oct 19942,8383,11215.58$44,216
Sep 19943,4282,04915.29$52,414
Aug 19944,0882,30116.13$65,939
Jul 19944,2431,70917.56$74,507
Jun 19944,4813,16517.09$76,580
May 19945,3543,58115.88$85,022
Apr 19946,2702,46314.14$88,658
Mar 19946,8003,44612.46$84,728
Feb 19948,2023,79112.50$102,525
Jan 199411,3921,63412.66$144,223
Dec 19939,5041,40612.33$117,184
Nov 199313,5463014.49$196,282
Oct 19935,522115.85$87,524

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                  183 bbl  × $106.41 =    $19,473
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,473

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/22238 is the state's own key, not one this site invented.