DRGAC-MARTIN 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 22311District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$15.1 M
Jan 1994 – May 2026
Value, last 12 filed months
$210 k
at the published price for each month
Months reported
389
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
OilDisposition417,352 bbl$14,233,284
Casinghead gasProduction227,332 Mcf$856,166
Total$15,089,450

50,926 Mcf of this lease's gas, across 36 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 30.7033, -96.6282. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.70327, -96.62824 · 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
6,983 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 6,983 ft.

Completions filed
Feb 1994
1 of 1 wells

1 well

42-0513341016,983 ftFeb 1994

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 (389)

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

389 months

May 2026177248106.413.05$19,590
Apr 202617924098.932.87$18,397
Mar 202636124889.753.15$33,181
Feb 202617522463.503.75$11,953
Jan 202635324859.138.00$22,856
Dec 202536224856.664.41$21,605
Nov 202535217258.593.93$21,299
Oct 20250059.383.30$0
Sep 202518420562.743.08$12,175
Aug 202517924463.933.01$12,179
Jul 202535924866.743.32$24,782
Jun 202517722466.483.13$12,468
May 202517124160.553.23$11,133
Apr 202518124062.363.54$12,138
Mar 202535024867.704.27$24,754
Feb 202517622470.884.34$13,447
Jan 202517524874.324.28$14,067
Dec 202434724068.993.12$24,689
Nov 202417724069.052.20$12,749
Oct 20243568971.372.28$25,611
Sep 202416617169.612.36$11,960
Aug 202435324075.632.06$27,193
Jul 202417924879.932.15$14,840
Jun 202433521178.082.63$26,713
May 202417922978.812.20$14,610
Apr 202436324084.451.66$31,054
Mar 202417824880.301.55$14,677
Feb 202453423276.091.78$41,046
Jan 202437020273.023.30$27,684
Dec 202335824871.262.61$26,159
Nov 2023364077.892.81$28,352
Oct 2023532085.443.09$45,454
Sep 2023717089.042.74$63,842
Aug 2023369080.522.67$29,712
Jul 2023709074.852.64$53,069
Jun 2023719068.962.26$49,582
May 20231,082070.622.23$76,411
Apr 2023380078.122.24$29,686
Mar 20230072.852.39$0
Feb 2023177075.112.47$13,294
Jan 2023354076.533.39$27,092
Dec 2022349076.415.73$26,667
Nov 2022356085.005.65$30,260
Oct 2022193087.185.86$16,826
Sep 2022360084.888.16$30,557
Aug 2022176094.529.13$16,636
Jul 20221800101.587.54$18,284
Jun 20221770115.097.98$20,371
May 20223500109.378.43$38,280
Apr 20223600104.226.84$37,519
Mar 20223620108.885.08$39,415
Feb 2022351091.054.86$31,959
Jan 2022241081.844.54$19,723
Dec 2021368071.323.90$26,246
Nov 2021358077.435.24$27,720
Oct 2021356079.795.71$28,405
Sep 2021355069.865.35$24,800
Aug 2021532066.024.22$35,123
Jul 2021342070.783.98$24,207
Jun 2021356069.493.38$24,738
May 2021179063.483.02$11,363
Apr 2021361060.362.76$21,790
Mar 2021365361.302.72$22,383
Feb 2021192457.805.55$11,120
Jan 2021542250.412.81$27,328
Dec 2020707344.642.68$31,569
Nov 2020351338.772.71$13,616
Oct 2020897036.972.48$33,162
Sep 2020357037.091.99$13,241
Aug 20201,409039.982.39$56,332
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202070823014.751.80$10,858
Mar 20201,06644930.341.86$33,176
Feb 20200549.881.98$10
Jan 20200057.252.09$0
Dec 201918118059.012.30$11,096
Nov 201954838755.302.75$31,369
Oct 201974028653.472.42$40,260
Sep 201936720355.052.66$20,743
Aug 201968815253.112.30$36,890
Jul 201952918556.272.46$30,222
Jun 201970512652.782.49$37,524
May 20197091358.482.74$41,498
Apr 201970010662.632.75$44,133
Mar 201970710356.803.06$40,473
Feb 201904650.852.79$128
Jan 201930716146.033.23$14,651
Dec 201838259446.594.19$20,284
Nov 2018015852.934.24$669
Oct 201836134261.443.40$23,342
Sep 201850741459.543.11$31,473
Aug 201819241159.403.07$12,665
Jul 201833330065.142.93$22,571
Jun 201835833860.183.08$22,584
May 201838134265.382.90$25,902
Apr 201818420763.842.90$12,347
Mar 201838630461.222.79$24,478
Feb 201834330061.782.77$22,020
Jan 201855930962.874.01$36,383
Dec 201737921157.272.92$22,322
Nov 201737463755.423.12$22,713
Oct 201737674549.292.98$20,756
Sep 201736647047.523.09$18,843
Aug 201736556345.373.00$18,252
Jul 201738370143.873.09$18,966
Jun 201736868842.493.09$17,760
May 201736570945.373.26$18,874
Apr 201735579547.933.21$19,568
Mar 201756974246.772.98$28,826
Feb 201736266650.452.95$20,229
Jan 201754971349.413.42$29,564
Dec 201654671448.763.72$29,281
Nov 201636165742.492.64$17,076
Oct 201636220446.193.09$17,351
Sep 201635520441.553.10$15,383
Aug 201618122541.442.92$8,159
Jul 201635122541.622.92$15,267
Jun 201635122545.352.69$16,522
May 201617926542.521.99$8,139
Apr 201635326236.561.99$13,427
Mar 201629938333.011.79$10,557
Feb 201636738326.472.06$10,505
Jan 201618337727.352.36$5,896
Dec 201537834032.362.00$12,913
Nov 201537634338.792.17$15,328
Oct 201518139543.552.43$8,841
Sep 201536836042.992.76$16,813
Aug 201537830340.162.87$16,051
Jul 201518825548.152.95$9,803
Jun 201537725556.152.88$21,904
May 201538129655.212.96$21,910
Apr 201518428549.822.71$9,938
Mar 201537032142.892.93$16,811
Feb 201535832244.662.98$16,947
Jan 201535532743.433.10$16,432
Dec 201418331954.693.59$11,154
Nov 201436332970.464.25$26,976
Oct 201437130678.303.90$30,243
Sep 201437033686.164.05$33,238
Aug 201437028989.394.04$34,240
Jul 201436239496.564.18$36,601
Jun 201434430198.164.74$35,193
May 201434436994.734.73$34,331
Apr 201436828395.944.81$36,667
Mar 201435429895.895.06$35,452
Feb 201418727997.406.19$19,941
Jan 201437929890.404.86$35,710
Dec 201336029291.824.35$34,327
Nov 201334930988.853.74$32,164
Oct 201342728597.423.78$42,675
Sep 2013359265104.113.72$38,361
Aug 2013355312104.253.52$38,108
Jul 2013365293102.523.72$38,509
Jun 201335526194.403.93$34,539
May 201353030994.834.15$51,542
Apr 201317746493.964.28$18,618
Mar 201337161793.623.91$37,147
Feb 201335556191.233.42$34,305
Jan 201337361591.603.42$36,270
Dec 201236763086.773.42$33,999
Nov 201236662186.953.62$34,075
Oct 201235464989.383.40$33,847
Sep 201236743694.672.92$36,016
Aug 201236665792.662.91$35,824
Jul 201237834185.133.02$33,209
Jun 201255768279.822.52$46,178
May 201235970691.612.49$34,645
Apr 2012345681101.652.00$36,429
Mar 2012525681105.052.22$56,664
Feb 2012363635101.102.57$38,331
Jan 201236368698.092.73$37,482
Dec 201154169896.873.24$54,668
Nov 201136871595.723.31$37,593
Oct 201136376284.983.65$33,628
Sep 201153969283.623.99$47,829
Aug 201136472883.404.15$33,378
Jul 201154073494.144.52$54,151
Jun 201136281492.904.64$37,407
May 201154588098.134.40$57,357
Apr 2011369852105.964.33$42,791
Mar 201153883196.364.06$55,213
Feb 201135473285.644.18$33,376
Jan 201154281786.504.59$50,632
Dec 201055681885.734.35$51,222
Nov 201054381380.843.80$46,982
Oct 201037088578.103.51$32,002
Sep 201054383472.633.98$42,757
Aug 201053395073.684.42$43,470
Jul 201052995272.554.74$42,888
Jun 201054187670.364.91$42,366
May 201053887771.124.24$41,977
Apr 201035872081.694.12$32,213
Mar 201053587278.394.39$45,766
Feb 201054479573.585.44$44,354
Jan 201053678174.365.96$44,515
Dec 200953880271.445.48$42,833
Nov 200953979674.593.75$43,190
Oct 200953277272.544.11$41,764
Sep 200953482765.543.06$37,533
Aug 200953389967.423.22$38,828
Jul 200953689961.133.46$35,880
Jun 200953891066.163.90$39,139
May 200956190254.743.93$34,250
Apr 200954887546.773.59$28,769
Mar 200974289142.144.06$34,884
Feb 200956081232.814.63$22,136
Jan 200954688935.865.37$24,354
Dec 200855291137.105.98$25,924
Nov 200871789655.496.86$45,933
Oct 200857696975.246.92$50,046
Sep 2008738954101.767.88$82,614
Aug 20085651,027114.228.48$73,246
Jul 20087671,027131.0811.39$112,235
Jun 2008570983131.3313.03$87,669
May 2008576967123.1711.57$82,138
Apr 2008762907110.3110.45$93,539
Mar 2008773960101.909.66$88,046
Feb 200855291292.538.77$59,075
Jan 200877687490.388.21$77,307
Dec 200777585788.337.30$74,714
Nov 200776383691.677.29$76,040
Oct 200777289482.856.92$70,148
Sep 200776587075.846.24$63,450
Aug 200775876369.066.39$57,221
Jul 200775895470.906.39$59,836
Jun 20077371,01862.007.55$53,378
May 20079581,06558.747.85$64,629
Apr 20079251,03359.617.81$63,202
Mar 200776097656.927.30$50,386
Feb 200777187455.108.22$49,663
Jan 20077461,02650.306.73$44,426
Dec 200689896556.656.92$57,548
Nov 200682668354.207.62$49,972
Oct 200691648054.906.01$53,175
Sep 200691364260.085.04$58,087
Aug 200690570168.717.34$67,328
Jul 200691870869.376.34$68,172
Jun 20061,09875966.286.38$77,621
May 20061,08668766.016.42$76,101
Apr 200691162664.397.36$63,267
Mar 20061,10478056.707.08$68,121
Feb 20061,11275257.597.75$69,869
Jan 20061,14879060.598.93$76,615
Dec 20051,08877054.9413.42$70,105
Nov 20051,30488954.6910.59$80,729
Oct 20051,3131,09958.3413.80$91,762
Sep 20051,4671,12761.4512.08$103,760
Aug 20051,3401,15761.519.80$93,758
Jul 20051,6751,12755.697.84$102,121
Jun 20051,7421,01852.337.38$98,673
May 20052,2701,21545.226.65$110,731
Apr 20052,3811,55749.207.36$128,605
Mar 20051,65461750.377.15$87,727
Feb 20050245.226.31$13
Jan 200579846943.166.32$37,407
Dec 200474865539.866.75$34,237
Nov 200454861945.286.33$28,732
Oct 200473662749.706.52$40,664
Sep 200471864643.245.28$34,460
Aug 200492271042.375.55$43,006
Jul 200470550238.286.08$30,042
Jun 200473352336.106.43$29,826
May 200474660937.486.49$31,915
Apr 200472626734.475.86$26,589
Mar 200492361034.365.53$35,088
Feb 200474954432.455.51$27,302
Jan 200490759832.036.30$32,818
Dec 200391261930.266.30$31,498
Nov 200372560828.804.60$23,674
Oct 20031,08964828.174.76$33,761
Sep 200373866226.314.75$22,561
Aug 200393872229.765.13$31,619
Jul 20031,10965329.415.17$35,992
Jun 200391962328.565.98$29,974
May 200391520026.595.97$25,524
Apr 200391956626.675.41$27,570
Mar 20031,08667231.146.10$37,915
Feb 20031,07558133.487.93$40,596
Jan 20031,12444130.315.58$36,530
Dec 20021,20465126.914.85$35,559
Nov 20021,29866824.664.14$34,772
Oct 20021,10470226.464.23$32,181
Sep 20021,59671327.443.64$46,386
Aug 20021,09430925.963.16$29,378
Jul 20021,38816324.583.06$34,616
Jun 20021,30845523.733.34$32,558
May 20021,53645424.663.58$39,505
Apr 20021,43633023.653.51$35,120
Mar 20021,78137922.003.10$40,358
Feb 20021,36139518.222.38$25,736
Jan 20021,45233417.172.38$25,724
Dec 20011,85642616.932.36$32,429
Nov 20011,68243618.072.41$31,443
Oct 20011,73041519.782.53$35,269
Sep 20011,81177824.262.25$45,686
Aug 20011,92754124.873.05$49,576
Jul 20012,02865323.933.20$50,618
Jun 20012,31884224.563.82$60,150
May 20012,17292925.524.31$59,431
Apr 20012,9451,15024.685.34$78,818
Mar 20013,0481,46424.545.38$82,669
Feb 20012,8651,73427.755.77$89,504
Jan 20013,09993627.478.40$92,991
Dec 20003,6341,04126.889.12$107,178
Nov 20004,3861,62332.215.66$150,456
Oct 20004,5101,52331.235.15$148,684
Sep 20001,29641031.875.19$43,430
Aug 200090146229.644.54$28,803
Jul 20001,10149928.534.09$33,452
Jun 200071335329.304.40$22,443
May 20001,03849827.263.68$30,128
Apr 200088746724.513.12$23,196
Mar 20001,09845028.422.86$32,492
Feb 20001,09840327.622.73$31,426
Jan 200090027025.272.48$23,413
Dec 19991,25036124.282.42$31,225
Nov 199990148623.192.43$22,077
Oct 19991,27249720.982.80$28,080
Sep 199970752821.752.62$16,760
Aug 19991,07149019.262.88$22,037
Jul 19991,06743117.892.37$20,111
Jun 19991,08150015.942.36$18,412
May 19991,03855415.792.32$17,676
Apr 19991,07457615.102.21$17,489
Mar 19991,59260812.471.84$20,970
Feb 19998795799.981.82$9,825
Jan 19991,06446510.381.90$11,928
Dec 19981,4184839.201.77$13,902
Nov 199889840510.892.19$10,664
Oct 19981,24137512.421.97$16,152
Sep 19981,23726312.592.08$16,122
Aug 19981,60019211.301.91$18,446
Jul 19981,41516811.742.24$16,988
Jun 19981,05812911.242.24$12,181
May 19981,40044412.622.21$18,648
Apr 19981,60564613.042.51$22,548
Mar 19981,5871,43512.802.31$23,628
Feb 19981,2281,44613.952.30$20,455
Jan 19981,5821,18514.702.15$25,809
Dec 19971,57995316.322.41$28,067
Nov 19971,78685018.193.09$35,112
Oct 19972,11897219.253.15$43,833
Sep 199769963317.742.95$14,271
Aug 19971,73660817.862.55$32,558
Jul 19971,40873917.582.25$26,413
Jun 19971,75240917.242.26$31,128
May 19971,41861218.972.31$28,312
Apr 19971,77386117.882.08$33,495
Mar 19971,86980118.951.94$36,971
Feb 19971,38651020.492.21$29,524
Jan 19971,91496723.483.54$48,364
Dec 19961,7861,02123.32$41,650
Nov 19961,94075921.97$42,622
Oct 19961,39047123.31$32,401
Sep 19962,10952022.22$46,862
Aug 19961,93365820.26$39,163
Jul 19962,29370419.55$44,828
Jun 19962,08979218.73$39,127
May 19962,47770219.43$48,128
Apr 19962,12095921.51$45,601
Mar 19962,8651,07419.38$55,524
Feb 19962,3191,10516.98$39,377
Jan 19962,5181,21617.07$42,982
Dec 19953,0381,14817.19$52,223
Nov 19952,9821,16316.00$47,712
Oct 19953,5021,31315.43$54,036
Sep 19953,1431,42216.18$50,854
Aug 19953,7141,43515.92$59,127
Jul 19952,76970415.24$42,200
Jun 19952,3101,21416.41$37,907
May 19953,7031,51717.56$65,025
Apr 19953,7031,67717.73$65,654
Mar 19954,5732,06116.44$75,180
Feb 19954,8302,14616.58$80,081
Jan 19955,3292,18415.92$84,838
Dec 19944,76145415.03$71,558
Nov 19946,1963,91915.90$98,516
Oct 19947,4423,24315.58$115,946
Sep 19947,2372,59815.29$110,654
Aug 19949,6513,43116.13$155,671
Jul 199411,0283,99317.56$193,652
Jun 19946,0042,13417.09$102,608
May 19946,6332,84715.88$105,332
Apr 19944,18833914.14$59,218
Mar 19946,302112.46$78,523
Feb 19948,865112.50$110,813
Jan 19947,753112.66$98,153

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                  177 bbl  × $106.41 =    $18,835
Casinghead gas       248 Mcf  × $  3.05 =       $755

────────────────────────────────────────────────────
Month total                                  $19,590

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/22311 is the state's own key, not one this site invented.