E C F OIL UNIT NO. 2

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 22323District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$7.4 M
Dec 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
390
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
OilDisposition251,389 bbl$5,125,320
Casinghead gasProduction1,405,196 Mcf$2,248,857
Total$7,374,177

803,482 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 30.2228, -96.8628. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.22280, -96.86280 · 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%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,481 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
1100.0%
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.
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

The one well that filed a depth was drilled to 8,481 ft.

Completions filed
Dec 1993
1 of 1 wells

1 well

42-287324031H8,481 ftDec 1993Yes

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 (390)

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

390 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
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 202353077.892.81$4,128
Oct 202311585.443.09$132
Sep 202331689.042.74$311
Aug 20230080.522.67$0
Jul 2023011474.852.64$301
Jun 2023011068.962.26$248
May 2023011470.622.23$254
Apr 2023011378.122.24$253
Mar 202303872.852.39$91
Feb 202301575.112.47$37
Jan 202301676.533.39$54
Dec 20220976.415.73$52
Nov 20220485.005.65$23
Oct 20220887.185.86$47
Sep 202201984.888.16$155
Aug 202202694.529.13$237
Jul 2022026101.587.54$196
Jun 2022020115.097.98$160
May 2022018109.378.43$152
Apr 202201104.226.84$7
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210371.323.90$12
Nov 20210077.435.24$0
Oct 20210579.795.71$29
Sep 20210269.865.35$11
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 202103450.412.81$96
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 2020166016.921.81$2,809
Apr 20200314.751.80$5
Mar 20200630.341.86$11
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201901655.302.75$44
Oct 201901253.472.42$29
Sep 20190555.052.66$13
Aug 20190453.112.30$9
Jul 20190856.272.46$20
Jun 20190652.782.49$15
May 20190558.482.74$14
Apr 20190562.632.75$14
Mar 20190456.803.06$12
Feb 201901050.852.79$28
Jan 20192946.033.23$121
Dec 201811346.594.19$101
Nov 201817552.934.24$371
Oct 2018212761.443.40$554
Sep 20180459.543.11$12
Aug 20180959.403.07$28
Jul 201807265.142.93$211
Jun 201808560.183.08$262
May 201809765.382.90$281
Apr 2018020663.842.90$598
Mar 2018016761.222.79$465
Feb 2018013561.782.77$373
Jan 2018017862.874.01$714
Dec 201708657.272.92$251
Nov 2017016155.423.12$502
Oct 2017019349.292.98$576
Sep 2017017047.523.09$525
Aug 2017179045.373.00$8,121
Jul 2017015643.873.09$482
Jun 2017021442.493.09$661
May 2017020645.373.26$672
Apr 2017017947.933.21$575
Mar 2017018546.772.98$552
Feb 2017014950.452.95$440
Jan 2017020949.413.42$715
Dec 20160048.763.72$0
Nov 2016030042.492.64$793
Oct 2016025446.193.09$785
Sep 201605841.553.10$180
Aug 201605841.442.92$170
Jul 201606141.622.92$178
Jun 201606245.352.69$167
May 201606942.521.99$137
Apr 201607336.561.99$145
Mar 201607933.011.79$142
Feb 201607026.472.06$144
Jan 201606827.352.36$161
Dec 201506332.362.00$126
Nov 2015015538.792.17$336
Oct 2015048043.552.43$1,165
Sep 2015051342.992.76$1,415
Aug 2015015440.162.87$442
Jul 2015010148.152.95$297
Jun 201507656.152.88$219
May 2015045155.212.96$1,333
Apr 2015095849.822.71$2,593
Mar 201504042.892.93$117
Feb 201502444.662.98$71
Jan 201501843.433.10$56
Dec 201401554.693.59$54
Nov 201401470.464.25$60
Oct 201401678.303.90$62
Sep 201401386.164.05$53
Aug 201402389.394.04$93
Jul 201401996.564.18$79
Jun 201401798.164.74$81
May 201401694.734.73$76
Apr 201401395.944.81$63
Mar 20141311495.895.06$12,632
Feb 2014037097.406.19$2,291
Jan 201419764790.404.86$20,954
Dec 2013065991.824.35$2,870
Nov 2013063488.853.74$2,370
Oct 201312868897.423.78$15,070
Sep 2013184639104.113.72$21,532
Aug 20130312104.253.52$1,099
Jul 20131840102.523.72$18,864
Jun 201309994.403.93$389
May 201318410694.834.15$17,889
Apr 201307493.964.28$317
Mar 201318567493.623.91$19,957
Feb 2013065891.233.42$2,250
Jan 2013067791.603.42$2,315
Dec 201218166086.773.42$17,963
Nov 2012064486.953.62$2,334
Oct 201217861689.383.40$18,004
Sep 2012058894.672.92$1,716
Aug 2012065292.662.91$1,896
Jul 201218074785.133.02$17,580
Jun 2012070079.822.52$1,763
May 201218866691.612.49$18,880
Apr 20120722101.652.00$1,442
Mar 2012187743105.052.22$21,295
Feb 20120679101.102.57$1,745
Jan 2012057298.092.73$1,564
Dec 201118351296.873.24$19,386
Nov 2011049795.723.31$1,646
Oct 201118440984.983.65$17,129
Sep 2011057683.623.99$2,296
Aug 201117956683.404.15$17,277
Jul 2011036194.144.52$1,631
Jun 201118813092.904.64$18,068
May 2011019798.134.40$868
Apr 2011190201105.964.33$21,003
Mar 201118850496.364.06$20,161
Feb 2011015085.644.18$627
Jan 201119111486.504.59$17,045
Dec 201018514985.734.35$16,508
Nov 201005380.843.80$201
Oct 20101846378.103.51$14,591
Sep 201001772.633.98$68
Aug 20101853473.684.42$13,781
Jul 201002772.554.74$128
Jun 20103806570.364.91$27,056
May 20103692671.124.24$26,353
Apr 2010010081.694.12$412
Mar 20100678.394.39$26
Feb 201001173.585.44$60
Jan 201002374.365.96$137
Dec 200904071.445.48$219
Nov 20093684474.593.75$27,614
Oct 200908872.544.11$362
Sep 20093703865.543.06$24,366
Aug 2009021467.423.22$689
Jul 2009048161.133.46$1,666
Jun 2009044266.163.90$1,722
May 20093611,10954.743.93$24,115
Apr 200901,16846.773.59$4,190
Mar 200901,22642.144.06$4,976
Feb 20093781,18132.814.63$17,874
Jan 200901,35735.865.37$7,288
Dec 200803,53737.105.98$21,141
Nov 20081913,15555.496.86$32,243
Oct 20081922,75675.246.92$33,523
Sep 20081891,958101.767.88$34,656
Aug 200801,877114.228.48$15,923
Jul 20081952,058131.0811.39$49,000
Jun 20081931,007131.3313.03$38,471
May 20081921,186123.1711.57$37,376
Apr 20081921,597110.3110.45$37,876
Mar 20081941,743101.909.66$36,613
Feb 20081901,79492.538.77$33,315
Jan 20087181,81190.388.21$79,753
Dec 200702,25588.337.30$16,466
Nov 200701,81391.677.29$13,220
Oct 2007078282.856.92$5,413
Sep 200701,12175.846.24$7,000
Aug 20073681,31269.066.39$33,795
Jul 20071962,11870.906.39$27,426
Jun 20071921,87062.007.55$26,020
May 20073691,85558.747.85$36,230
Apr 20073891,72659.617.81$36,660
Mar 20073732,05656.927.30$36,244
Feb 20073872,26955.108.22$39,966
Jan 20077642,56950.306.73$55,710
Dec 20067661,74356.656.92$55,453
Nov 20067671,40654.207.62$52,282
Oct 2006379054.906.01$20,807
Sep 20063791,09660.085.04$28,291
Aug 200619389868.717.34$19,852
Jul 2006091169.376.34$5,778
Jun 200619582966.286.38$18,217
May 200637945566.016.42$27,941
Apr 2006066764.397.36$4,909
Mar 200619494756.707.08$17,707
Feb 2006095357.597.75$7,387
Jan 20061941,59360.598.93$25,985
Dec 200502,80754.9413.42$37,657
Nov 200519191454.6910.59$20,124
Oct 20051991,56858.3413.80$33,241
Sep 20053761,00461.4512.08$35,233
Aug 20053781,37061.519.80$36,672
Jul 200502,15455.697.84$16,895
Jun 20053661,62152.337.38$31,117
May 20057314,02545.226.65$59,827
Apr 20053854,96849.207.36$55,509
Mar 2005760050.377.15$38,281
Feb 20057671,11845.226.31$41,740
Jan 20051861,10843.166.32$15,033
Dec 200401,01339.866.75$6,839
Nov 200402245.286.33$139
Oct 200402249.706.52$143
Sep 200419412243.245.28$9,033
Aug 200419679342.375.55$12,706
Jul 20041902,14238.286.08$20,306
Jun 20040236.106.43$13
May 20043852,58237.486.49$31,199
Apr 20043853,17134.475.86$31,848
Mar 20041,1514,69534.365.53$65,512
Feb 20041,1355,11432.455.51$65,007
Jan 20041,1356,50632.036.30$77,340
Dec 2003028630.266.30$1,802
Nov 2003031128.804.60$1,429
Oct 20030028.174.76$0
Sep 2003021526.314.75$1,021
Aug 2003021529.765.13$1,103
Jul 20031911,78229.415.17$14,832
Jun 20031931,78428.565.98$16,186
May 200301,97126.595.97$11,772
Apr 2003382026.675.41$10,188
Mar 20030031.146.10$0
Feb 2003197033.487.93$6,596
Jan 2003192030.315.58$5,820
Dec 2002389026.914.85$10,468
Nov 2002194024.664.14$4,784
Oct 20020026.464.23$0
Sep 20021912027.443.64$5,314
Aug 20029285,95425.963.16$42,930
Jul 20023746,18424.583.06$28,127
Jun 20020123.733.34$3
May 200203,57324.663.58$12,806
Apr 20023776,30523.653.51$31,061
Mar 20023806,30122.003.10$27,910
Feb 20025766,92618.222.38$26,949
Jan 20023654,24717.172.38$16,357
Dec 200104,21616.932.36$9,968
Nov 20013627,64518.072.41$24,932
Oct 200176310,48219.782.53$41,600
Sep 200137911,67924.262.25$35,488
Aug 200175010,38824.873.05$50,369
Jul 200137812,09323.933.20$47,708
Jun 200175310,99024.563.82$60,521
May 200158111,97525.524.31$66,407
Apr 20013828,04024.685.34$52,324
Mar 20013815,48924.545.38$38,861
Feb 20011984,34927.755.77$30,576
Jan 200105,04127.478.40$42,338
Dec 20001975,19126.889.12$52,650
Nov 200002,05732.215.66$11,639
Oct 2000096231.235.15$4,950
Sep 2000081231.875.19$4,211
Aug 200018264329.644.54$8,314
Jul 200001428.534.09$57
Jun 2000370129.304.40$10,845
May 20000227.263.68$7
Apr 20000624.513.12$19
Mar 20003813,63028.422.86$21,209
Feb 200056810,98327.622.73$45,633
Jan 200073812,93425.272.48$50,732
Dec 199976110,67224.282.42$44,343
Nov 199976010,73623.192.43$43,756
Oct 199976312,50420.982.80$51,065
Sep 199956612,90421.752.62$46,104
Aug 19991,11614,01919.262.88$61,807
Jul 199974614,40517.892.37$47,520
Jun 19991,185015.942.36$18,889
May 19991,13314,80915.792.32$52,262
Apr 199956610,84415.102.21$32,491
Mar 19991,11116,77312.471.84$44,688
Feb 199993315,4119.981.82$37,325
Jan 19991,33818,10110.381.90$48,279
Dec 19981,15909.201.77$10,663
Nov 19981,115010.892.19$12,142
Oct 19981,503012.421.97$18,667
Sep 1998771012.592.08$9,707
Aug 19981,535011.301.91$17,346
Jul 19981,106011.742.24$12,984
Jun 19981,1248,06011.242.24$30,666
May 199896211,44912.622.21$37,401
Apr 19981,13816,41113.042.51$55,954
Mar 19981,17117,07512.802.31$54,422
Feb 19981,13516,50413.952.30$53,778
Jan 199876816,89814.702.15$47,701
Dec 199773410,28516.322.41$36,777
Nov 19976018.193.09$109
Oct 19977663,48619.253.15$25,726
Sep 19973905,28117.742.95$22,523
Aug 19977624,48617.862.55$25,070
Jul 19973903,46617.582.25$14,644
Jun 19977494,84217.242.26$23,842
May 19971,1444,72118.972.31$32,600
Apr 199737554017.882.08$7,830
Mar 19973723118.951.94$7,110
Feb 199783720.492.21$246
Jan 1997105823.483.54$440
Dec 199619334723.32$4,501
Nov 1996078021.97$0
Oct 1996087723.31$0
Sep 19963851,96922.22$8,555
Aug 19961,1277,97320.26$22,833
Jul 19961,48815,22919.55$29,090
Jun 19961,1316,73118.73$21,184
May 199604,02019.43$0
Apr 19961,50213,07221.51$32,308
Mar 19961,51114,83319.38$29,283
Feb 19961,50911,64616.98$25,623
Jan 19961,91515,41317.07$32,689
Dec 19951,86317,70317.19$32,025
Nov 19951,88218,69816.00$30,112
Oct 19951,51014,27015.43$23,299
Sep 19951,89921,02816.18$30,726
Aug 19951,88623,95115.92$30,025
Jul 19952,20322,18115.24$33,574
Jun 19952,22127,31416.41$36,447
May 19952,60429,45517.56$45,726
Apr 19952,63028,01117.73$46,630
Mar 19952,77832,51816.44$45,670
Feb 19952,42535,06616.58$40,207
Jan 19953,47641,17115.92$55,338
Dec 19944,35237,43515.03$65,411
Nov 19945,22346,48115.90$83,046
Oct 19947,00860,03715.58$109,185
Sep 19948,75970,65315.29$133,925
Aug 19949,96868,56416.13$160,784
Jul 19948,89434,68917.56$156,179
Jun 199420,25224,40617.09$346,107
May 199422,97320,36415.88$364,811
Apr 199425,46230,50414.14$360,033
Mar 199429,6001,00912.46$368,816
Feb 19943,2841,67012.50$41,050
Jan 19943753,41412.66$4,748
Dec 19930012.33$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.

Nov 2023 — as filed, then multipliedworked
Oil                   53 bbl  × $ 77.89 =     $4,128
Casinghead gas         0 Mcf  × $  2.81 =         $0

────────────────────────────────────────────────────
Month total                                   $4,128

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/22323 is the state's own key, not one this site invented.