WESSELS

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 22399District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$10.3 M
May 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
385
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
OilDisposition239,593 bbl$8,365,378
Casinghead gasProduction776,388 Mcf$1,916,985
Total$10,282,363

326,835 Mcf of this lease's gas, across 32 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 30.1837, -96.7710. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.18369, -96.77101 · 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
12,985 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 12,985 ft.

Completions filed
May 1994
1 of 1 wells

1 well

42-28732422112,985 ftMay 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 (385)

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

385 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 202520622060.553.23$13,184
Apr 20252,1673,47162.363.54$147,432
Mar 20254,0175,59967.704.27$295,849
Feb 20252,1843,16170.884.34$168,523
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202418018371.372.28$13,264
Sep 202418048569.612.36$13,677
Aug 202418256175.632.06$14,922
Jul 202435739579.932.15$29,383
Jun 2024118078.082.63$552
May 202407978.812.20$174
Apr 20240084.451.66$0
Mar 2024014680.301.55$226
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230671.262.61$16
Nov 202302977.892.81$81
Oct 20230085.443.09$0
Sep 202317834589.042.74$16,793
Aug 202318047680.522.67$15,766
Jul 202318250174.852.64$14,946
Jun 202317952068.962.26$13,518
May 202317839170.622.23$13,441
Apr 202317530678.122.24$14,356
Mar 202318557772.852.39$14,858
Feb 202315251275.112.47$12,679
Jan 202318546876.533.39$15,744
Dec 202219352676.415.73$17,761
Nov 202218037685.005.65$17,423
Oct 202233960587.185.86$33,102
Sep 202218155384.888.16$19,878
Aug 202250282294.529.13$54,952
Jul 2022721975101.587.54$80,593
Jun 2022186499115.097.98$25,387
May 2022058109.378.43$489
Apr 202202104.226.84$14
Mar 20220181108.885.08$919
Feb 20220091.054.86$0
Jan 202220042381.844.54$18,287
Dec 202151994071.323.90$40,680
Nov 20212077.435.24$155
Oct 2021041979.795.71$2,394
Sep 20215491,47569.865.35$46,246
Aug 20219101,48866.024.22$66,358
Jul 2021049270.783.98$1,959
Jun 20210069.493.38$0
May 2021020463.483.02$616
Apr 202123938960.362.76$15,499
Mar 202118150361.302.72$12,462
Feb 2021032257.805.55$1,786
Jan 202118749050.412.81$10,804
Dec 202018448244.642.68$9,503
Nov 202018742238.772.71$8,392
Oct 202019140136.972.48$8,055
Sep 202018838837.091.99$7,745
Aug 2020039039.982.39$930
Jul 202019245938.371.83$8,205
Jun 202018844034.901.69$7,305
May 202016842516.921.81$3,614
Apr 202018748414.751.80$3,632
Mar 202018457930.341.86$6,657
Feb 202018561349.881.98$10,442
Jan 20201057.252.09$57
Dec 201918425559.012.30$11,445
Nov 201917941255.302.75$11,032
Oct 201917740453.472.42$10,441
Sep 2019044955.052.66$1,193
Aug 201918745453.112.30$10,978
Jul 201919047556.272.46$11,860
Jun 201917839452.782.49$10,376
May 201917644558.482.74$11,512
Apr 201916947462.632.75$11,888
Mar 201919042456.803.06$12,090
Feb 2019039350.852.79$1,097
Jan 201918643746.033.23$9,972
Dec 201818946046.594.19$10,731
Nov 201818142252.934.24$11,368
Oct 201818445161.443.40$12,837
Sep 201818219759.543.11$11,449
Aug 201818329759.403.07$11,781
Jul 201817334665.142.93$12,284
Jun 2018030160.183.08$926
May 201818334365.382.90$12,960
Apr 201818515963.842.90$12,272
Mar 201818817961.222.79$12,008
Feb 201818524661.782.77$12,110
Jan 201819137862.874.01$13,524
Dec 201719042957.272.92$12,135
Nov 201718636555.423.12$11,446
Oct 201719129549.292.98$10,295
Sep 2017032447.523.09$1,000
Aug 201718648245.373.00$9,887
Jul 201719235043.873.09$9,504
Jun 201719031742.493.09$9,052
May 201718044145.373.26$9,606
Apr 201718943247.933.21$10,446
Mar 201718943846.772.98$10,146
Feb 201719544550.452.95$11,152
Jan 201719140749.413.42$10,829
Dec 201619544048.763.72$11,146
Nov 201619442742.492.64$9,372
Oct 2016049746.193.09$1,536
Sep 201637853641.553.10$17,368
Aug 201617851041.442.92$8,868
Jul 201619252541.622.92$9,526
Jun 201618751645.352.69$9,866
May 201618950142.521.99$9,034
Apr 2016046536.561.99$926
Mar 201619253833.011.79$7,303
Feb 201619051226.472.06$6,086
Jan 201637657827.352.36$11,650
Dec 201519260332.362.00$7,420
Nov 201519051838.792.17$8,493
Oct 2015060543.552.43$1,468
Sep 201518359442.992.76$9,506
Aug 201519065140.162.87$9,500
Jul 201519067248.152.95$11,128
Jun 201538064156.152.88$23,185
May 201519165155.212.96$12,469
Apr 201518762949.822.71$11,019
Mar 201519665042.892.93$10,314
Feb 201519151844.662.98$10,072
Jan 201519057043.433.10$10,019
Dec 201418759954.693.59$12,378
Nov 201419557170.464.25$16,168
Oct 201419366478.303.90$17,702
Sep 201418160586.164.05$18,042
Aug 201419266889.394.04$19,858
Jul 201418965196.564.18$20,971
Jun 201418563598.164.74$21,168
May 201438666094.734.73$39,685
Apr 201419362495.944.81$21,517
Mar 201419767895.895.06$22,319
Feb 201419659397.406.19$22,762
Jan 201419467490.404.86$20,814
Dec 201319566891.824.35$20,814
Nov 201338067288.853.74$36,275
Oct 201319275397.423.78$21,551
Sep 2013191793104.113.72$22,833
Aug 2013192839104.253.52$22,971
Jul 2013365904102.523.72$40,781
Jun 20131861,05694.403.93$21,712
May 20133861,01094.834.15$40,795
Apr 201319334793.964.28$19,620
Mar 201338457593.623.91$38,200
Feb 201319241191.233.42$18,922
Jan 201338442091.603.42$36,611
Dec 201238455686.773.42$35,221
Nov 201238273186.953.62$35,865
Oct 201295789189.383.40$88,566
Sep 201217826094.672.92$17,610
Aug 201219016492.662.91$18,082
Jul 201236442785.133.02$32,277
Jun 201217343779.822.52$14,910
May 201217940291.612.49$17,398
Apr 2012174358101.652.00$18,402
Mar 2012190370105.052.22$20,782
Feb 2012191348101.102.57$20,205
Jan 201218136398.092.73$18,747
Dec 201119776796.873.24$21,568
Nov 201137599495.723.31$39,186
Oct 20113831,04084.983.65$36,342
Sep 201138599783.623.99$36,168
Aug 20111921,07283.404.15$20,461
Jul 20113681,13194.144.52$39,753
Jun 20113841,04092.904.64$40,499
May 20111931,00598.134.40$23,366
Apr 2011386928105.964.33$44,922
Mar 201138595896.364.06$40,986
Feb 201138791285.644.18$36,955
Jan 20113871,06886.504.59$38,376
Dec 20103861,05385.734.35$37,670
Nov 20103861,01980.843.80$35,072
Oct 20103831,08378.103.51$33,712
Sep 20101921,05572.633.98$18,143
Aug 20103791,13973.684.42$32,958
Jul 20103811,13672.554.74$33,022
Jun 20103851,10870.364.91$32,529
May 20103881,00371.124.24$31,842
Apr 201037988481.694.12$34,605
Mar 20103861,10978.394.39$35,126
Feb 20103881,01473.585.44$34,068
Jan 20103861,13274.365.96$35,454
Dec 20093871,12371.445.48$33,806
Nov 20093851,17574.593.75$33,125
Oct 20093821,17472.544.11$32,536
Sep 20093781,14965.543.06$28,296
Aug 20093781,20867.423.22$29,373
Jul 20093851,27961.133.46$27,966
Jun 20093871,20166.163.90$30,282
May 20093881,26254.743.93$26,193
Apr 20093901,19646.773.59$22,531
Mar 20093901,23242.144.06$21,435
Feb 20093961,07332.814.63$17,964
Jan 20093901,24535.865.37$20,672
Dec 20083911,25337.105.98$21,995
Nov 20083921,24255.496.86$30,273
Oct 20083911,28875.246.92$38,334
Sep 2008388987101.767.88$47,258
Aug 20083901,330114.228.48$55,828
Jul 20083921,335131.0811.39$66,588
Jun 20083901,284131.3313.03$67,953
May 20083851,292123.1711.57$62,374
Apr 20085881,285110.3110.45$78,297
Mar 20083931,321101.909.66$52,813
Feb 20083911,21592.538.77$46,835
Jan 20083921,31190.388.21$46,187
Dec 20073941,28288.337.30$44,163
Nov 20075851,23991.677.29$62,661
Oct 20073871,22382.856.92$40,529
Sep 20073861,21275.846.24$36,842
Aug 20073841,34669.066.39$35,117
Jul 20075851,48570.906.39$50,963
Jun 20073921,41562.007.55$34,985
May 20073881,52358.747.85$34,741
Apr 20075941,45259.617.81$46,741
Mar 20075871,42956.927.30$43,847
Feb 20073931,28055.108.22$32,171
Jan 20073861,45850.306.73$29,224
Dec 20065671,46456.656.92$42,249
Nov 20063751,45654.207.62$31,416
Oct 20063651,47554.906.01$28,909
Sep 20065591,57760.085.04$41,528
Aug 20063721,64968.717.34$37,664
Jul 20065541,80669.376.34$49,886
Jun 20065421,65166.286.38$46,464
May 20065571,54266.016.42$46,675
Apr 20063651,54764.397.36$34,889
Mar 20065531,54156.707.08$42,270
Feb 20063671,42057.597.75$32,142
Jan 20065381,64760.598.93$47,311
Dec 20059321,43154.9413.42$70,402
Nov 2005041754.6910.59$4,415
Oct 20055331,57958.3413.80$52,879
Sep 20055171,57861.4512.08$50,830
Aug 20055341,73161.519.80$49,805
Jul 20057131,78355.697.84$53,692
Jun 20053531,69752.337.38$30,998
May 20055561,74945.226.65$36,775
Apr 20057351,66649.207.36$48,425
Mar 20053481,72650.377.15$29,878
Feb 20057161,52345.226.31$41,991
Jan 20055451,64543.166.32$33,922
Dec 20045351,60439.866.75$32,154
Nov 20047011,62745.286.33$42,041
Oct 20047061,82849.706.52$46,998
Sep 20043501,59143.245.28$23,541
Aug 20047091,74742.375.55$39,737
Jul 20045801,83138.286.08$33,343
Jun 20047041,73736.106.43$36,589
May 20047171,86037.486.49$38,953
Apr 20045431,77034.475.86$29,087
Mar 20047331,99434.365.53$36,213
Feb 20047451,80232.455.51$34,104
Jan 20049312,06332.036.30$42,816
Dec 20035442,49730.266.30$32,197
Nov 20037322,24928.804.60$31,416
Oct 20031,0822,58028.174.76$42,760
Sep 20039073,23926.314.75$39,246
Aug 20031,0873,54329.765.13$50,524
Jul 20031,0894,09429.415.17$53,197
Jun 20031,0793,23228.565.98$50,153
May 20031,2501,84726.595.97$44,269
Apr 20031,27098526.675.41$39,197
Mar 20031,8142,57731.146.10$72,197
Feb 200314456833.487.93$9,323
Jan 20035441,35630.315.58$24,058
Dec 20023621,69126.914.85$17,949
Nov 20025321,69124.664.14$20,115
Oct 20023581,82226.464.23$17,178
Sep 20027251,81927.443.64$26,506
Aug 20025342,21825.963.16$20,881
Jul 20023611,07624.583.06$12,168
Jun 20025341,81423.733.34$18,727
May 20025421,91824.663.58$20,240
Apr 20023611,92823.653.51$15,309
Mar 20027231,88722.003.10$21,761
Feb 20023611,38118.222.38$9,858
Jan 20027331,96317.172.38$17,249
Dec 20015411,99816.932.36$13,883
Nov 20017141,95318.072.41$17,600
Oct 20015392,00219.782.53$15,724
Sep 20015392,01324.262.25$17,608
Aug 20013552,16124.873.05$15,427
Jul 20017062,20223.933.20$23,935
Jun 20015362,18024.563.82$21,501
May 20015422,21425.524.31$23,368
Apr 20017192,25224.685.34$29,760
Mar 20017222,28424.545.38$29,998
Feb 20017222,18727.755.77$32,648
Jan 20013612,32927.478.40$29,477
Dec 20007211,75826.889.12$35,418
Nov 20005472,34532.215.66$30,887
Oct 20005392,49331.235.15$29,661
Sep 20007122,61731.875.19$36,265
Aug 20007052,36129.644.54$31,617
Jul 20007132,22928.534.09$29,458
Jun 20007122,00329.304.40$29,669
May 20007042,23027.263.68$27,397
Apr 20007172,29924.513.12$24,737
Mar 20008992,69328.422.86$33,251
Feb 20005454,08527.622.73$26,191
Jan 20009133,56325.272.48$31,910
Dec 19997232,77524.282.42$24,280
Nov 19995512,58223.192.43$19,062
Oct 19991,0782,99220.982.80$31,005
Sep 19997052,89521.752.62$22,915
Aug 19997103,33919.262.88$23,276
Jul 19991,0612,84517.892.37$25,731
Jun 19995353,03915.942.36$15,706
May 19999052,82615.792.32$20,849
Apr 19998913,03415.102.21$20,153
Mar 19997193,04912.471.84$14,571
Feb 19999132,6489.981.82$13,925
Jan 19991,0832,70210.381.90$16,375
Dec 19988993,0139.201.77$13,614
Nov 19988912,91510.892.19$16,074
Oct 19981,2443,09412.421.97$21,543
Sep 19988761,97212.592.08$15,136
Aug 19981,0573,59511.301.91$18,801
Jul 19981,0503,66511.742.24$20,527
Jun 19981,0503,26711.242.24$19,111
May 19981,0613,69512.622.21$21,542
Apr 19981,2413,97213.042.51$26,134
Mar 19981,6294,38812.802.31$30,985
Feb 19981,4384,10413.952.30$29,496
Jan 19981,4364,64114.702.15$31,110
Dec 19971,4395,11416.322.41$35,815
Nov 19971,4525,76318.193.09$44,210
Oct 19971,7893,36819.253.15$45,047
Sep 19971,7833,90417.742.95$43,166
Aug 19971,7164,58017.862.55$42,348
Jul 19972,2974,83117.582.25$51,236
Jun 19973,0388,06417.242.26$70,577
May 19971,1012,01018.972.31$25,526
Apr 19977213,16417.882.08$19,481
Mar 19977194,22918.951.94$21,826
Feb 19977363,87420.492.21$23,626
Jan 19977364,29423.483.54$32,481
Dec 19968954,52823.32$20,871
Nov 19968994,27221.97$19,751
Oct 19968894,50923.31$20,723
Sep 19967434,26322.22$16,509
Aug 19967334,47420.26$14,851
Jul 19961,0654,72619.55$20,821
Jun 19968984,87218.73$16,820
May 19961,0684,99119.43$20,751
Apr 19968954,80121.51$19,251
Mar 19961,2914,81019.38$25,020
Feb 19969113,44616.98$15,469
Jan 19961,4665,53617.07$25,025
Dec 19951,8114,34317.19$31,131
Nov 199536035916.00$5,760
Oct 19951,0724,45415.43$16,541
Sep 19951,0684,89616.18$17,280
Aug 19951,2455,33115.92$19,820
Jul 19951,0584,29715.24$16,124
Jun 19958984,17016.41$14,736
May 19951,0494,93217.56$18,420
Apr 19951,0505,88117.73$18,617
Mar 19951,7978,82116.44$29,543
Feb 19952,01010,17416.58$33,326
Jan 19952,71712,16915.92$43,255
Dec 19942,5309,74215.03$38,026
Nov 19942,91610,57315.90$46,364
Oct 19943,86313,44415.58$60,186
Sep 19944,25017,02415.29$64,983
Aug 19945,08324,98016.13$81,989
Jul 19946,89234,29117.56$121,024
Jun 199411,89044,69417.09$203,200
May 199418,59347,03215.88$295,257

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 2025 — as filed, then multipliedworked
Oil                  206 bbl  × $ 60.55 =    $12,473
Casinghead gas       220 Mcf  × $  3.23 =       $711

────────────────────────────────────────────────────
Month total                                  $13,184

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/22399 is the state's own key, not one this site invented.