LINCOLN 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 22365District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$7.8 M
Mar 1994 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
387
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
OilDisposition144,615 bbl$5,312,888
Casinghead gasProduction879,384 Mcf$2,511,093
Total$7,823,980

257,931 Mcf of this lease's gas, across 34 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 29.9571, -96.8509. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.95714, -96.85090 · 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
11,194 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 11,194 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-14932846111,194 ftApr 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 (387)

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

387 months

May 2026026106.413.05$79
Apr 2026042798.932.87$1,225
Mar 202606589.753.15$205
Feb 20261794963.503.75$11,550
Jan 202601,17859.138.00$9,422
Dec 2025054356.664.41$2,396
Nov 20251951,87558.593.93$18,787
Oct 20251863,49759.383.30$22,602
Sep 2025678162.743.08$2,780
Aug 2025017463.933.01$525
Jul 20250066.743.32$0
Jun 2025123066.483.13$8,177
May 20250060.553.23$0
Apr 202507762.363.54$273
Mar 202503167.704.27$132
Feb 202501670.884.34$69
Jan 2025063474.324.28$2,713
Dec 202402368.993.12$72
Nov 20241647469.052.20$11,487
Oct 202402771.372.28$62
Sep 2024076269.612.36$1,802
Aug 202433375.632.06$295
Jul 20241775979.932.15$14,274
Jun 202409578.082.63$250
May 202401,72278.812.20$3,786
Apr 202403984.451.66$65
Mar 202416681880.301.55$14,594
Feb 202421,00676.091.78$1,947
Jan 202407073.023.30$231
Dec 202311,00971.262.61$2,705
Nov 20231911,20377.892.81$18,254
Oct 202313285.443.09$184
Sep 202302289.042.74$60
Aug 202319348980.522.67$16,847
Jul 2023310174.852.64$491
Jun 202331,11568.962.26$2,725
May 2023240470.622.23$1,041
Apr 202318694478.122.24$16,643
Mar 202339472.852.39$444
Feb 202301,14675.112.47$2,826
Jan 20231957176.533.39$15,164
Dec 202221,03876.415.73$6,100
Nov 202206685.005.65$373
Oct 202211,64187.185.86$9,710
Sep 20221916384.888.16$16,726
Aug 202211,27494.529.13$11,723
Jul 2022178101.587.54$690
Jun 20221842,278115.097.98$39,349
May 2022069109.378.43$582
Apr 2022059104.226.84$403
Mar 2022191892108.885.08$25,324
Feb 202202891.054.86$136
Jan 202216281.844.54$363
Dec 202119236071.323.90$15,097
Nov 202101,36577.435.24$7,148
Oct 2021185379.795.71$4,954
Sep 20211906669.865.35$13,627
Aug 202101,67766.024.22$7,078
Jul 2021011770.783.98$466
Jun 2021098669.493.38$3,333
May 20211898763.483.02$12,260
Apr 20211891,18160.362.76$14,666
Mar 202101,47161.302.72$3,997
Feb 202107357.805.55$405
Jan 202108450.412.81$236
Dec 202001,02544.642.68$2,742
Nov 20201701,64638.772.71$11,046
Oct 202007536.972.48$186
Sep 202018621637.091.99$7,329
Aug 202001,33239.982.39$3,177
Jul 202001,37638.371.83$2,511
Jun 202017727034.901.69$6,634
May 202001,08116.921.81$1,962
Apr 20201801,28414.751.80$4,972
Mar 2020010030.341.86$186
Feb 202001,37249.881.98$2,717
Jan 20201917957.252.09$11,100
Dec 201901,01759.012.30$2,344
Nov 201901,50955.302.75$4,151
Oct 20191696353.472.42$9,189
Sep 201901,86955.052.66$4,966
Aug 20191601,05253.112.30$10,922
Jul 2019017356.272.46$426
Jun 20191531,08252.782.49$10,771
May 201901,62958.482.74$4,464
Apr 20191643762.632.75$10,373
Mar 201901,52356.803.06$4,664
Feb 2019087850.852.79$2,452
Jan 20191535646.033.23$7,223
Dec 20181961,56446.594.19$15,678
Nov 2018074552.934.24$3,157
Oct 201818082861.443.40$13,873
Sep 201801,73259.543.11$5,383
Aug 2018070759.403.07$2,168
Jul 201817064765.142.93$12,971
Jun 2018087960.183.08$2,705
May 20181681,75665.382.90$16,078
Apr 201817012163.842.90$11,204
Mar 2018086461.222.79$2,408
Feb 20181911,59961.782.77$16,223
Jan 2018090262.874.01$3,616
Dec 20171961,02357.272.92$14,214
Nov 2017013355.423.12$415
Oct 20171871,58749.292.98$13,952
Sep 2017098847.523.09$3,050
Aug 20171831,29345.373.00$12,187
Jul 201708143.873.09$250
Jun 20171911,23442.493.09$11,925
May 201701,21945.373.26$3,978
Apr 20171931,60647.933.21$14,408
Mar 201701,17746.772.98$3,512
Feb 201719488350.452.95$12,394
Jan 201702,71249.413.42$9,272
Dec 20161821,64648.763.72$15,002
Nov 201601,73942.492.64$4,599
Oct 201618611846.193.09$8,956
Sep 201601,54641.553.10$4,794
Aug 20161821,74941.442.92$12,657
Jul 20161921,72941.622.92$13,047
Jun 2016012345.352.69$330
May 201601,76142.521.99$3,506
Apr 20161891,92336.561.99$10,739
Mar 20161811,79933.011.79$9,202
Feb 2016010526.472.06$217
Jan 20161832,16627.352.36$10,126
Dec 201501,07132.362.00$2,144
Nov 20151821,23838.792.17$9,743
Oct 201501,76443.552.43$4,280
Sep 20151892,23342.992.76$14,285
Aug 201501,31340.162.87$3,772
Jul 20151861,32248.152.95$12,849
Jun 20151852,65756.152.88$18,048
May 2015036155.212.96$1,067
Apr 20151911,98449.822.71$14,885
Mar 20151952,63242.892.93$16,088
Feb 201501,79644.662.98$5,345
Jan 201519255743.433.10$10,066
Dec 20141953,87654.693.59$24,585
Nov 201402,03470.464.25$8,648
Oct 201419018578.303.90$15,599
Sep 201402,94486.164.05$11,910
Aug 20141911,60589.394.04$23,550
Jul 20141942,81996.564.18$30,515
Jun 20141921,00398.164.74$23,598
May 20141953,37294.734.73$34,410
Apr 201402,02295.944.81$9,724
Mar 20141981,40095.895.06$26,066
Feb 20141923,35897.406.19$39,494
Jan 20141951,87090.404.86$26,718
Dec 20131922,69291.824.35$29,352
Nov 20131873,16188.853.74$28,432
Oct 20131872,13997.423.78$26,302
Sep 20131944,283104.113.72$36,120
Aug 20133763,197104.253.52$50,460
Jul 20131923,175102.523.72$31,488
Jun 20133842,74494.403.93$47,043
May 20133866,25594.834.15$62,557
Apr 20135585,51693.964.28$76,052
Mar 20133895,03993.623.91$56,135
Feb 20133885,10791.233.42$52,863
Jan 20133875,19091.603.42$53,199
Dec 20125755,92486.773.42$70,154
Nov 20123856,35586.953.62$56,512
Oct 20123866,41789.383.40$56,316
Sep 20123835,06494.672.92$51,037
Aug 20123678,29992.662.91$58,141
Jul 20125513,73785.133.02$58,195
Jun 2012016979.822.52$426
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20123876,224105.052.22$54,485
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20113742,64196.873.24$44,786
Nov 20110095.723.31$0
Oct 20111813,57584.983.65$28,425
Sep 20113802,07583.623.99$40,046
Aug 20111923,67783.404.15$31,270
Jul 20111912,68394.144.52$30,100
Jun 20111922,92892.904.64$31,422
May 20113882,58798.134.40$49,470
Apr 20111933,553105.964.33$35,846
Mar 20113845,70196.364.06$60,133
Feb 201119568385.644.18$19,555
Jan 20111844,68086.504.59$37,391
Dec 20103893,94585.734.35$50,501
Nov 201077211,62880.843.80$106,541
Oct 2010193078.103.51$15,073
Sep 2010193072.633.98$14,018
Aug 201008473.684.42$371
Jul 201001,17372.554.74$5,556
Jun 20105736,89270.364.91$74,159
May 20105788,24871.124.24$76,039
Apr 20105788,42181.694.12$81,934
Mar 20105739,77078.394.39$87,795
Feb 20103897,52473.585.44$69,571
Jan 20105888,39374.365.96$93,780
Dec 200958512,25471.445.48$108,990
Nov 200996413,66274.593.75$123,158
Oct 20091,14812,46672.544.11$134,514
Sep 20091,15213,89665.543.06$118,090
Aug 20091922867.423.22$13,035
Jul 20095559,02461.133.46$65,191
Jun 200975811,05166.163.90$93,193
May 200958610,42354.743.93$72,996
Apr 200977712,09946.773.59$79,745
Mar 20093754,24042.144.06$33,013
Feb 20095889,36632.814.63$62,685
Jan 20091,18211,43835.865.37$103,820
Dec 20083835,56337.105.98$47,460
Nov 20089646,04655.496.86$94,970
Oct 20083904,60175.246.92$61,192
Sep 20083872,883101.767.88$62,091
Aug 20085844,935114.228.48$108,568
Jul 20082,6072,610131.0811.39$371,452
Jun 20082,8972,326131.3313.03$410,777
May 20081,5461,616123.1711.57$209,125
Apr 20080108110.3110.45$1,129
Mar 200800101.909.66$0
Feb 200850692.538.77$4,679
Jan 2008023590.388.21$1,928
Dec 2007024188.337.30$1,760
Nov 2007027191.677.29$1,976
Oct 2007031982.856.92$2,208
Sep 2007027775.846.24$1,730
Aug 200723531069.066.39$18,209
Jul 2007321770.906.39$1,599
Jun 2007347262.007.55$3,749
May 2007434758.747.85$2,958
Apr 20071957359.617.81$12,194
Mar 2007550156.927.30$3,943
Feb 2007024455.108.22$2,005
Jan 20070850.306.73$54
Dec 2006225056.656.92$1,843
Nov 2006328154.207.62$2,303
Oct 200619631954.906.01$12,679
Sep 2006430260.085.04$1,762
Aug 2006328668.717.34$2,305
Jul 2006429869.376.34$2,168
Jun 2006331866.286.38$2,229
May 2006225766.016.42$1,783
Apr 2006330364.397.36$2,423
Mar 2006328956.707.08$2,217
Feb 200618529857.597.75$12,964
Jan 2006830460.598.93$3,200
Dec 2005334854.9413.42$4,833
Nov 2005437154.6910.59$4,147
Oct 2005046258.3413.80$6,374
Sep 200513538161.4512.08$12,898
Aug 2005444361.519.80$4,586
Jul 200517270255.697.84$15,085
Jun 200581,23152.337.38$9,505
May 200522245.226.65$237
Apr 2005020249.207.36$1,487
Mar 200518057750.377.15$13,195
Feb 2005250445.226.31$3,272
Jan 200517941843.166.32$10,368
Dec 2004257139.866.75$3,935
Nov 2004416245.286.33$1,207
Oct 2004494749.706.52$6,369
Sep 200415254843.245.28$9,468
Aug 2004210842.375.55$684
Jul 2004247138.286.08$2,942
Jun 2004350436.106.43$3,351
May 2004152937.486.49$3,473
Apr 200417152834.475.86$8,988
Mar 2004254234.365.53$3,066
Feb 2004347332.455.51$2,703
Jan 200418450832.036.30$9,094
Dec 200318278330.266.30$10,442
Nov 2003213928.804.60$696
Oct 2003152628.174.76$2,532
Sep 2003248826.314.75$2,370
Aug 2003247929.765.13$2,517
Jul 200318650929.415.17$8,102
Jun 2003348128.565.98$2,963
May 2003158526.595.97$3,521
Apr 2003362126.675.41$3,438
Mar 200317858131.146.10$9,085
Feb 2003362933.487.93$5,086
Jan 20031891,03330.315.58$11,495
Dec 2002057226.914.85$2,776
Nov 2002043224.664.14$1,787
Oct 200218126926.464.23$5,927
Sep 200218337227.443.64$6,374
Aug 2002059525.963.16$1,883
Jul 2002032424.583.06$992
Jun 200217858223.733.34$6,167
May 2002060324.663.58$2,161
Apr 200218157223.653.51$6,290
Mar 2002562222.003.10$2,040
Feb 2002660318.222.38$1,542
Jan 20021781,03117.172.38$5,506
Dec 200117763916.932.36$4,507
Nov 2001566818.072.41$1,697
Oct 200117683619.782.53$5,595
Sep 20011801,06924.262.25$6,773
Aug 200161,11824.873.05$3,563
Jul 20013591,61323.933.20$13,748
Jun 20011881,07824.563.82$8,740
May 200117897125.524.31$8,725
Apr 2001582024.685.34$4,498
Mar 200136463624.545.38$12,352
Feb 2001191027.755.77$5,300
Jan 20011811,07027.478.40$13,959
Dec 200018139526.889.12$8,469
Nov 200018186532.215.66$10,724
Oct 20003561,11131.235.15$16,835
Sep 20003551,59031.875.19$19,560
Aug 20003534,68329.644.54$31,727
Jul 20001781,15828.534.09$9,814
Jun 20003641,64829.304.40$17,912
May 200008,71327.263.68$32,062
Apr 20003515,77224.513.12$26,589
Mar 20003483,35328.422.86$19,479
Feb 200018793427.622.73$7,711
Jan 20005464,04725.272.48$23,836
Dec 19993651,71224.282.42$13,012
Nov 199973,04123.192.43$7,564
Oct 19994953,83320.982.80$21,132
Sep 199992,14921.752.62$5,824
Aug 199935662219.262.88$8,645
Jul 19991154517.892.37$1,490
Jun 19993471,02015.942.36$7,941
May 19993532,38615.792.32$11,112
Apr 199911215.102.21$42
Mar 19991901,73912.471.84$5,566
Feb 19993792,2629.981.82$7,894
Jan 19993602,42510.381.90$8,344
Dec 19981887569.201.77$3,070
Nov 19983611,99110.892.19$8,283
Oct 199818110912.421.97$2,463
Sep 19981821,38912.592.08$5,184
Aug 19983581,37611.301.91$6,670
Jul 19981791,29011.742.24$4,988
Jun 19983521,27811.242.24$6,816
May 19983701,11412.622.21$7,127
Apr 19983591,00413.042.51$7,197
Mar 19985491,55512.802.31$10,618
Feb 19981841,54613.952.30$6,121
Jan 19983551,89014.702.15$9,291
Dec 199736588316.322.41$8,086
Nov 19975431,21918.193.09$13,642
Oct 19973631,98119.253.15$13,228
Sep 19973571,85817.742.95$11,823
Aug 19973581,70417.862.55$10,747
Jul 19973271,40917.582.25$8,915
Jun 19973561,28917.242.26$9,047
May 19975391,21618.972.31$13,032
Apr 19973622,15117.882.08$10,953
Mar 19973702,38518.951.94$11,636
Feb 19973761,89420.492.21$11,882
Jan 19975591,99823.483.54$20,198
Dec 19963671,92523.32$8,558
Nov 19965472,00521.97$12,018
Oct 19965381,89323.31$12,541
Sep 19963632,03622.22$8,066
Aug 19965422,12920.26$10,981
Jul 19968892,23119.55$17,380
Jun 19963562,15418.73$6,668
May 19965493,21319.43$10,667
Apr 19963531,41421.51$7,593
Mar 19967083,54719.38$13,721
Feb 19961,0943,40616.98$18,576
Jan 19963833,93617.07$6,538
Dec 19959114,16417.19$15,660
Nov 19959183,92316.00$14,688
Oct 19957404,74915.43$11,418
Sep 19957344,29116.18$11,876
Aug 19951,1135,43715.92$17,719
Jul 19951,2585,90415.24$19,172
Jun 19957143,20616.41$11,717
May 19957414,26217.56$13,012
Apr 19951,2894,86417.73$22,854
Mar 19951,2944,50316.44$21,273
Feb 19951,1294,95416.58$18,719
Jan 19951,8246,60815.92$29,038
Dec 19942,1687,06715.03$32,585
Nov 19941,4425,60615.90$22,928
Oct 19941,9897,09515.58$30,989
Sep 19942,7078,65215.29$41,390
Aug 19943,0489,37216.13$49,164
Jul 19943,91714,37417.56$68,783
Jun 19944,84814,76717.09$82,852
May 19947,57526,76315.88$120,291
Apr 199410,03030,71714.14$141,824
Mar 199422,22246,76412.46$276,886

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                    0 bbl  × $106.41 =         $0
Casinghead gas        26 Mcf  × $  3.05 =        $79

────────────────────────────────────────────────────
Month total                                      $79

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/22365 is the state's own key, not one this site invented.