BORGSTEDT-OL 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 22242District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$103.0 M
Sep 1993 – May 2026
Value, last 12 filed months
$5.9 M
at the published price for each month
Months reported
393
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
OilDisposition1,144,126 bbl$85,730,486
Casinghead gasProduction4,298,560 Mcf$17,278,552
Total$103,009,038

363,027 Mcf of this lease's gas, across 40 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 30.1674, -96.7354. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

30.16761, -96.73775 · 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
33.3%
1 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
10,756 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
133.3%
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.
266.7%

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 10,686 and 13,873 ft, median 10,756 ft, over the 3 wells that filed a depth.

Completions filed
Dec 2008 – Dec 2021
3 of 3 wells

3 wells

42-477311582H10,686 ftDec 2021Yes
42-477311573H10,756 ftDec 2021
42-47730713113,873 ftDec 2008

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 (393)

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

393 months

May 20265,03526,156106.413.05$615,441
Apr 20264,92024,78498.932.87$557,859
Mar 20265,36824,89489.753.15$560,180
Feb 20264,69422,81363.503.75$383,625
Jan 20265,25325,82959.138.00$517,188
Dec 20255,11428,47756.664.41$415,438
Nov 20255,58127,18558.593.93$433,731
Oct 20255,94128,62259.383.30$447,368
Sep 20255,56729,31562.743.08$439,473
Aug 20256,05531,38763.933.01$481,720
Jul 20256,14432,53666.743.32$517,914
Jun 20256,82532,77966.483.13$556,282
May 20256,90533,96560.553.23$527,884
Apr 20256,53033,55162.363.54$526,086
Mar 20257,90037,28067.704.27$693,953
Feb 20255,86832,54570.884.34$557,196
Jan 20257,35236,52074.324.28$702,658
Dec 20248,34839,11168.993.12$698,008
Nov 20248,04736,72769.052.20$636,387
Oct 20248,14838,86471.372.28$670,187
Sep 20247,20835,00969.612.36$584,523
Aug 20247,79138,53775.632.06$668,759
Jul 20249,49341,67379.932.15$848,230
Jun 20249,56041,01778.082.63$854,483
May 20248,70942,63078.812.20$780,076
Apr 202410,99341,64184.451.66$997,450
Mar 20249,10738,56180.301.55$790,874
Feb 202411,90749,40976.091.78$994,132
Jan 202410,90646,41473.023.30$949,414
Dec 202311,09849,63971.262.61$920,437
Nov 202313,18254,73677.892.81$1,180,421
Oct 20236,57329,72485.443.09$653,363
Sep 20231,3155,09989.042.74$131,034
Aug 202310,58848,48180.522.67$982,130
Jul 202314,65167,57874.852.64$1,275,155
Jun 202315,04273,09768.962.26$1,202,384
May 202317,41579,65870.622.23$1,407,278
Apr 202317,47987,56478.122.24$1,561,407
Mar 202319,959110,28472.852.39$1,717,940
Feb 202319,12996,01275.112.47$1,673,514
Jan 202325,581116,87676.533.39$2,353,657
Dec 202226,276121,48276.415.73$2,703,729
Nov 202230,440113,11785.005.65$3,226,081
Oct 202225,80582,14387.185.86$2,731,347
Sep 202228,27392,45684.888.16$3,154,593
Aug 202232,726104,37494.529.13$4,045,900
Jul 202235,278105,719101.587.54$4,380,880
Jun 202237,892112,190115.097.98$5,255,952
May 202242,529124,157109.378.43$5,698,418
Apr 202250,136144,010104.226.84$6,209,857
Mar 202261,259167,674108.885.08$7,521,060
Feb 202262,664169,06991.054.86$6,527,036
Jan 20227,37017,75581.844.54$683,727
Dec 202170,280194,56071.323.90$5,770,982
Nov 20210077.435.24$0
Oct 202110079.795.71$798
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 202119051170.783.98$15,483
Jun 202118894169.493.38$16,245
May 20213531,11363.483.02$25,767
Apr 20218932,04760.362.76$59,548
Mar 202153070961.302.72$34,415
Feb 2021021957.805.55$1,215
Jan 20210050.412.81$0
Dec 202034125144.642.68$15,894
Nov 202017882338.772.71$9,129
Oct 202035085836.972.48$15,066
Sep 202017776637.091.99$8,090
Aug 202034572739.982.39$15,527
Jul 202035074838.371.83$14,795
Jun 202035570934.901.69$13,588
May 202034577716.921.81$7,247
Apr 202036470614.751.80$6,643
Mar 202017955430.341.86$6,459
Feb 202036368349.881.98$19,459
Jan 202034699357.252.09$21,889
Dec 201934688859.012.30$22,464
Nov 201917379855.302.75$11,762
Oct 201930784653.472.42$18,461
Sep 201934490655.052.66$21,345
Aug 20196881,32153.112.30$39,584
Jul 201933077356.272.46$20,471
Jun 201934085252.782.49$20,068
May 201936091158.482.74$23,549
Apr 201954383762.632.75$36,310
Mar 201937295856.803.06$24,063
Feb 20193641,00550.852.79$21,316
Jan 20191861,06846.033.23$12,009
Dec 20185531,60746.594.19$32,490
Nov 20183643,79352.934.24$35,338
Oct 20183492,70061.443.40$30,617
Sep 20185211,00359.543.11$34,138
Aug 20185441,54859.403.07$37,061
Jul 20185451,58865.142.93$40,157
Jun 20181,0481,68260.183.08$68,244
May 201871967965.382.90$48,978
Apr 20185561,18763.842.90$38,938
Mar 20181,1361,49261.222.79$73,704
Feb 20181,7271,34261.782.77$110,406
Jan 201819012562.874.01$12,446
Dec 20170057.272.92$0
Nov 201718743955.423.12$11,733
Oct 201719075749.292.98$11,624
Sep 201736783847.523.09$20,027
Aug 201718783545.373.00$10,993
Jul 201718998943.873.09$11,345
Jun 201738293042.493.09$19,102
May 201718597845.373.26$11,585
Apr 201737995347.933.21$21,226
Mar 201719582346.772.98$11,576
Feb 201719580150.452.95$12,203
Jan 201737994249.413.42$21,947
Dec 20161911,62348.763.72$15,355
Nov 201618680642.492.64$10,034
Oct 201637284746.193.09$19,800
Sep 201637089841.553.10$18,158
Aug 201637392741.442.92$18,168
Jul 201618597941.622.92$10,563
Jun 201637787545.352.69$19,447
May 201618492742.521.99$9,669
Apr 201618490936.561.99$8,537
Mar 201637397133.011.79$14,055
Feb 201619093726.472.06$6,963
Jan 201635995127.352.36$12,067
Dec 201538796932.362.00$14,463
Nov 201519077038.792.17$9,039
Oct 201535799443.552.43$17,959
Sep 201518896942.992.76$10,755
Aug 20153591,06040.162.87$17,462
Jul 20153771,06948.152.95$21,301
Jun 201538098256.152.88$24,168
May 20153781,00055.212.96$23,825
Apr 201538394949.822.71$21,650
Mar 201519188242.892.93$10,780
Feb 201539289344.662.98$20,164
Jan 20153841,03343.433.10$19,880
Dec 20145651,03754.693.59$34,624
Nov 20141901,05070.464.25$17,852
Oct 20145651,11278.303.90$48,577
Sep 20143521,08286.164.05$34,705
Aug 20141321,13889.394.04$16,391
Jul 201475371496.564.18$75,694
Jun 20141881,06198.164.74$23,480
May 20143871,28194.734.73$42,715
Apr 20143771,22695.944.81$42,065
Mar 20143851,30895.895.06$43,532
Feb 20143881,23797.406.19$45,451
Jan 20143741,44590.404.86$40,833
Dec 20135861,57091.824.35$60,643
Nov 20135821,99788.853.74$59,176
Oct 20137632,21497.423.78$82,699
Sep 20137522,509104.113.72$87,619
Aug 20135731,736104.253.52$65,851
Jul 20133821,076102.523.72$43,163
Jun 20131911,37894.403.93$23,451
May 20135751,53194.834.15$60,879
Apr 20133671,46693.964.28$40,762
Mar 20133741,50093.623.91$40,883
Feb 20133841,42091.233.42$39,889
Jan 20133851,58191.603.42$40,673
Dec 20123841,60186.773.42$38,795
Nov 20125621,59786.953.62$54,655
Oct 20123671,68689.383.40$38,534
Sep 20123651,67194.672.92$39,431
Aug 20123811,74792.662.91$40,384
Jul 20125741,78885.133.02$54,266
Jun 20123831,73879.822.52$34,949
May 20123851,78191.612.49$39,702
Apr 20125631,744101.652.00$60,711
Mar 20123791,835105.052.22$43,891
Feb 20125351,604101.102.57$58,211
Jan 20123751,72998.092.73$41,511
Dec 20115721,77396.873.24$61,154
Nov 20115741,80095.723.31$60,904
Oct 20113861,79184.983.65$39,337
Sep 20115731,74583.623.99$54,869
Aug 20113841,74583.404.15$39,266
Jul 20115761,87894.144.52$62,708
Jun 20115781,92092.904.64$62,605
May 20113842,02698.134.40$46,606
Apr 20115802,051105.964.33$70,344
Mar 20115702,20796.364.06$63,880
Feb 20117612,55885.644.18$75,864
Jan 20111,1553,35286.504.59$115,289
Dec 20105822,44685.734.35$60,529
Nov 20107632,35880.843.80$70,630
Oct 20109582,79578.103.51$84,627
Sep 20107682,27272.633.98$64,821
Aug 20107661,63573.684.42$63,665
Jul 20103841,27072.554.74$33,875
Jun 20105711,58370.364.91$47,949
May 20107741,90071.124.24$63,094
Apr 20107722,04681.694.12$71,500
Mar 20109712,08578.394.39$85,267
Feb 20107701,95373.585.44$67,286
Jan 20109612,29874.365.96$85,165
Dec 20091,1582,51271.445.48$96,503
Nov 20091,3313,09674.593.75$110,894
Oct 20091,1542,51972.544.11$94,065
Sep 20095721,65765.543.06$42,567
Aug 20095751,82567.423.22$44,640
Jul 20093781,88461.133.46$29,634
Jun 20095741,71466.163.90$44,652
May 20093901,96354.743.93$29,055
Apr 20095881,94446.773.59$34,475
Mar 20097852,35742.144.06$42,647
Feb 20095765,84032.814.63$45,955
Jan 20095856,59835.865.37$56,416
Dec 2008076537.105.98$4,573
Nov 20080055.496.86$0
Oct 200819543275.246.92$17,662
Sep 20083861,280101.767.88$49,362
Aug 20083871,366114.228.48$55,791
Jul 20083871,308131.0811.39$65,625
Jun 20083881,239131.3313.03$67,103
May 20081931,326123.1711.57$39,119
Apr 20085841,382110.3110.45$78,870
Mar 20081951,301101.909.66$32,443
Feb 20083901,24592.538.77$47,006
Jan 20083921,33490.388.21$46,375
Dec 20073961,38688.337.30$45,099
Nov 20073891,20291.677.29$44,424
Oct 20073821,59082.856.92$42,655
Sep 20073861,55775.846.24$38,996
Aug 20073841,67369.066.39$37,206
Jul 20073851,68070.906.39$38,028
Jun 20073831,69462.007.55$36,533
May 20073901,37558.747.85$33,697
Apr 20073861,38359.617.81$33,804
Mar 20075861,45356.927.30$43,965
Feb 20073961,31955.108.22$32,657
Jan 20073921,37150.306.73$28,940
Dec 20063871,51556.656.92$32,405
Nov 20063961,44054.207.62$32,432
Oct 20063921,47754.906.01$30,403
Sep 20063801,50360.085.04$30,401
Aug 20065811,54468.717.34$51,253
Jul 20063901,52969.376.34$36,752
Jun 20063841,52866.286.38$35,206
May 20063911,61866.016.42$36,206
Apr 20065901,56664.397.36$49,517
Mar 20063991,65556.707.08$34,346
Feb 20064021,52057.597.75$34,933
Jan 20064031,71460.598.93$39,729
Dec 20055781,57954.9413.42$52,938
Nov 20053921,66954.6910.59$39,111
Oct 20055891,57958.3413.80$56,146
Sep 20053971,63961.4512.08$44,193
Aug 200558797161.519.80$45,619
Jul 20055851,47855.697.84$44,172
Jun 20053881,83452.337.38$33,841
May 20055901,84045.226.65$38,918
Apr 20053931,86349.207.36$33,048
Mar 20055891,94550.377.15$43,584
Feb 20055891,81945.226.31$38,116
Jan 20055902,02143.166.32$38,242
Dec 20046012,10439.866.75$38,160
Nov 20045932,00145.286.33$39,518
Oct 20045802,58149.706.52$45,641
Sep 20045822,09443.245.28$36,230
Aug 20045892,25342.375.55$37,462
Jul 20047771,91538.286.08$41,395
Jun 20043571,94236.106.43$25,381
May 20047282,33737.486.49$42,463
Apr 20047212,26734.475.86$38,134
Mar 20047232,43734.365.53$38,319
Feb 20047272,37532.455.51$36,677
Jan 20045472,61232.036.30$33,975
Dec 20037272,75630.266.30$39,366
Nov 20035432,87728.804.60$28,859
Oct 20038482,91428.174.76$37,758
Sep 20038693,36426.314.75$38,840
Aug 20031,2464,36129.765.13$59,452
Jul 20031,2504,19429.415.17$58,449
Jun 20037253,13628.565.98$39,469
May 20039041,80926.595.97$34,842
Apr 20031,4433,36626.675.41$56,686
Mar 200336733831.146.10$13,489
Feb 200326555133.487.93$13,239
Jan 20035504,32630.315.58$40,818
Dec 20023432,08626.914.85$19,355
Nov 20025362,09924.664.14$21,901
Oct 20024761,14126.464.23$17,420
Sep 20025391,26227.443.64$19,378
Aug 20025361,70825.963.16$19,319
Jul 20024981,87324.583.06$17,976
Jun 20023652,17523.733.34$15,922
May 20025432,18024.663.58$21,204
Apr 20025331,62223.653.51$18,302
Mar 20025482,14922.003.10$18,724
Feb 20025461,62618.222.38$13,811
Jan 20027161,60417.172.38$16,104
Dec 20015591,56016.932.36$13,152
Nov 20013691,90518.072.41$11,250
Oct 20015461,78019.782.53$15,301
Sep 20015361,72224.262.25$16,880
Aug 20016992,42924.873.05$24,800
Jul 20015401,88423.933.20$18,946
Jun 20017292,33624.563.82$26,837
May 20015271,91925.524.31$21,715
Apr 20015372,14224.685.34$24,681
Mar 20015422,05924.545.38$24,371
Feb 2001582027.755.77$16,151
Jan 20017452,60527.478.40$42,344
Dec 20007412,49426.889.12$42,670
Nov 20003912,58632.215.66$27,226
Oct 20005652,70431.235.15$31,558
Sep 20007482,69031.875.19$37,790
Aug 20005622,71629.644.54$28,990
Jul 20007262,72528.534.09$31,857
Jun 20005602,39329.304.40$26,931
May 20005632,94827.263.68$26,195
Apr 20007502,30924.513.12$25,577
Mar 20005632,66628.422.86$23,625
Feb 20005672,59627.622.73$22,739
Jan 20007602,81125.272.48$26,178
Dec 19995642,77024.282.42$20,408
Nov 19995662,54923.192.43$19,330
Oct 19997483,06420.982.80$24,284
Sep 19997472,92321.752.62$23,902
Aug 19995653,19319.262.88$20,064
Jul 19995512,74217.892.37$16,362
Jun 19995622,90115.942.36$15,811
May 19997293,44715.792.32$19,511
Apr 19997273,49615.102.21$18,697
Mar 19999233,68812.471.84$18,290
Feb 19997233,5879.981.82$13,736
Jan 19999203,47310.381.90$16,148
Dec 199812,3839.201.77$4,235
Nov 19987212,78110.892.19$13,930
Oct 19987383,08712.421.97$15,245
Sep 19987123,22112.592.08$15,672
Aug 19987153,44311.301.91$14,647
Jul 19989162,91911.742.24$17,284
Jun 19987282,56811.242.24$13,928
May 19989103,81012.622.21$19,890
Apr 19987263,87313.042.51$19,170
Mar 19981,0853,91012.802.31$22,918
Feb 19986973,62613.952.30$18,060
Jan 19981,2944,04514.702.15$27,738
Dec 19979204,50216.322.41$25,869
Nov 19977344,52218.193.09$27,317
Oct 19979105,66919.253.15$35,374
Sep 19971,0815,92717.742.95$36,691
Aug 19977145,44017.862.55$26,650
Jul 19971,0516,19717.582.25$32,401
Jun 19971,0906,68017.242.26$33,870
May 19971,0786,80518.972.31$36,159
Apr 19971,2786,69017.882.08$36,784
Mar 19971,4496,59818.951.94$40,253
Feb 19971,6006,38920.492.21$46,878
Jan 19971,6476,87423.483.54$63,003
Dec 19961,5276,85423.32$35,610
Nov 19961,7637,08421.97$38,733
Oct 19961,8117,02123.31$42,214
Sep 19961,8206,71022.22$40,440
Aug 19961,9746,65820.26$39,993
Jul 19961,6326,21719.55$31,906
Jun 19961,6126,35718.73$30,193
May 19961,2785,12719.43$24,832
Apr 19967403,83121.51$15,917
Mar 19968933,88119.38$17,306
Feb 19961,7866,87916.98$30,326
Jan 19961,5066,67417.07$25,707
Dec 19952,0118,41317.19$34,569
Nov 19951,9838,42216.00$31,728
Oct 19952,2139,64915.43$34,147
Sep 19952,18310,56716.18$35,321
Aug 19952,35811,77915.92$37,539
Jul 19952,83912,78715.24$43,266
Jun 19953,66517,97716.41$60,143
May 19954,92426,56117.56$86,465
Apr 19957,92640,99417.73$140,528
Mar 199519,22543,80416.44$316,059
Feb 19952,0345,26616.58$33,724
Jan 19957243,89715.92$11,526
Dec 19941,0883,80315.03$16,353
Nov 19947204,03115.90$11,448
Oct 19941,0764,25315.58$16,764
Sep 19941,0714,06815.29$16,376
Aug 19947014,48316.13$11,307
Jul 19941,0684,58317.56$18,754
Jun 19941,0674,93617.09$18,235
May 19941,4315,57215.88$22,724
Apr 19941,0775,74814.14$15,229
Mar 19941,6356,07212.46$20,372
Feb 19941,4516,27212.50$18,138
Jan 19942,1848,60712.66$27,649
Dec 19932,4138,38112.33$29,752
Nov 1993044514.49$0
Oct 19932,3268,64915.85$36,867
Sep 19932,2719,71515.03$34,133

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                5,035 bbl  × $106.41 =   $535,774
Casinghead gas    26,156 Mcf  × $  3.05 =    $79,667

────────────────────────────────────────────────────
Month total                                 $615,441

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/22242 is the state's own key, not one this site invented.