GUS 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 22415District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$7.4 M
May 1994 – Nov 2024
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
367
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
OilDisposition144,574 bbl$4,270,529
Casinghead gasProduction1,016,888 Mcf$3,110,221
Total$7,380,750

294,223 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 30.2621, -96.6598. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.26209, -96.65981 · 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
100.0%
1 of 1 wells
Median depth
13,006 ft
1 wells filed one
Completion to plug
30.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 13,006 ft.

Completions filed
May 1994
1 of 1 wells
Plug dates filed
Oct 2024
1 of 1 wells

Last completion to plug: a median of 30.4 years across the 1 well that filed both dates, with the middle half between 30.4 years and 30.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47730734113,006 ftMay 1994Oct 2024Yes

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 (367)

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

367 months

Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202411069.612.36$766
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20241078.082.63$78
May 20244078.812.20$315
Apr 20240084.451.66$0
Mar 20240680.301.55$9
Feb 20240076.091.78$0
Jan 20241681873.023.30$12,327
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20232085.443.09$171
Sep 20232089.042.74$178
Aug 20233080.522.67$242
Jul 20231074.852.64$75
Jun 20232068.962.26$138
May 20232070.622.23$141
Apr 20233078.122.24$234
Mar 202302972.852.39$69
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220976.415.73$52
Nov 20220085.005.65$0
Oct 20220287.185.86$12
Sep 20223084.888.16$255
Aug 20226094.529.13$567
Jul 202200101.587.54$0
Jun 2022025115.097.98$199
May 202200109.378.43$0
Apr 2022018104.226.84$123
Mar 202205108.885.08$25
Feb 20220091.054.86$0
Jan 20222081.844.54$164
Dec 20212071.323.90$143
Nov 202151677.435.24$471
Oct 20210279.795.71$11
Sep 20210769.865.35$37
Aug 2021012466.024.22$523
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202101860.362.76$50
Mar 20210561.302.72$14
Feb 202102157.805.55$117
Jan 202105250.412.81$146
Dec 202005444.642.68$144
Nov 202018015538.772.71$7,398
Oct 2020073636.972.48$1,824
Sep 202017477637.091.99$7,999
Aug 2020375539.982.39$1,921
Jul 202017071238.371.83$7,822
Jun 2020067434.901.69$1,139
May 202017775816.921.81$4,370
Apr 2020074514.751.80$1,344
Mar 202017682230.341.86$6,866
Feb 2020080649.881.98$1,596
Jan 202017190557.252.09$11,685
Dec 2019093859.012.30$2,161
Nov 201917192755.302.75$12,006
Oct 201916896053.472.42$11,305
Sep 2019091755.052.66$2,437
Aug 201917196853.112.30$11,312
Jul 201918398256.272.46$12,713
Jun 2019052852.782.49$1,315
May 201917148558.482.74$11,329
Apr 2019070862.632.75$1,948
Mar 201909856.803.06$300
Feb 2019033750.852.79$941
Jan 201919175746.033.23$11,235
Dec 2018082646.594.19$3,457
Nov 201818688252.934.24$13,582
Oct 2018098061.443.40$3,330
Sep 201817899259.543.11$13,681
Aug 201817990359.403.07$13,402
Jul 201801,02465.142.93$3,002
Jun 201818495360.183.08$14,005
May 2018091065.382.90$2,640
Apr 201826288663.842.90$19,296
Mar 2018096161.222.79$2,678
Feb 201819488561.782.77$14,433
Jan 2018096262.874.01$3,857
Dec 201719192957.272.92$13,653
Nov 201719095555.423.12$13,508
Oct 201701,06249.292.98$3,169
Sep 2017074547.523.09$2,300
Aug 201718191645.373.00$10,964
Jul 201701,02443.873.09$3,161
Jun 20171881,03942.493.09$11,196
May 20171931,03745.373.26$12,141
Apr 201701,04647.933.21$3,359
Mar 20171871,01446.772.98$11,771
Feb 201718893350.452.95$12,239
Jan 201701,01849.413.42$3,480
Dec 20161941,12948.763.72$13,663
Nov 201601,03242.492.64$2,729
Oct 20161881,15946.193.09$12,265
Sep 201618281141.553.10$10,077
Aug 2016024541.442.92$716
Jul 2016042141.622.92$1,231
Jun 2016067845.352.69$1,821
May 201618890542.521.99$9,796
Apr 2016082236.561.99$1,637
Mar 20161821,30733.011.79$8,353
Feb 20161911,16926.472.06$7,468
Jan 2016063927.352.36$1,511
Dec 20151881,22132.362.00$8,527
Nov 20151941,17338.792.17$10,068
Oct 2015097843.552.43$2,373
Sep 201518092142.992.76$10,279
Aug 2015085540.162.87$2,456
Jul 201517585148.152.95$10,933
Jun 201501,36556.152.88$3,935
May 201518999855.212.96$13,384
Apr 201501,01549.822.71$2,747
Mar 20151701,08142.892.93$10,464
Feb 20151941,09544.662.98$11,923
Jan 201501,14243.433.10$3,541
Dec 20141901,28254.693.59$14,995
Nov 20141941,21270.464.25$18,822
Oct 201401,00078.303.90$3,901
Sep 20141911,07286.164.05$20,793
Aug 201401,10789.394.04$4,467
Jul 20141871,19296.564.18$23,039
Jun 20141891,27598.164.74$24,592
May 20141911,30394.734.73$24,252
Apr 201401,21495.944.81$5,838
Mar 20141911,29795.895.06$24,874
Feb 20141911,25597.406.19$26,374
Jan 20141981,24590.404.86$23,951
Dec 201301,27691.824.35$5,556
Nov 20131841,25988.853.74$21,055
Oct 20131871,37997.423.78$23,429
Sep 201301,402104.113.72$5,212
Aug 20131831,468104.253.52$24,249
Jul 20131891,545102.523.72$25,120
Jun 20131881,62794.403.93$24,147
May 201301,58294.834.15$6,564
Apr 201318392793.964.28$21,165
Mar 20131691,38993.623.91$21,257
Feb 20131951,28691.233.42$22,188
Jan 20131921,46491.603.42$22,594
Dec 201201,45086.773.42$4,959
Nov 20121851,42886.953.62$21,262
Oct 20121801,48889.383.40$21,147
Sep 20121751,59994.672.92$21,234
Aug 20121921,69192.662.91$22,708
Jul 20121901,64585.133.02$21,144
Jun 201201,61979.822.52$4,078
May 20121861,73491.612.49$21,354
Apr 20121831,801101.652.00$22,198
Mar 20121881,669105.052.22$23,458
Feb 20123641,705101.102.57$41,183
Jan 20121851,79098.092.73$23,041
Dec 20111791,02596.873.24$20,660
Nov 201118379095.723.31$20,133
Oct 2011075384.983.65$2,747
Sep 20111921,01483.623.99$20,097
Aug 20111771,45183.404.15$20,782
Jul 20111781,14494.144.52$21,925
Jun 20111921,40392.904.64$24,347
May 20111871,73398.134.40$25,984
Apr 201101,634105.964.33$7,081
Mar 20111831,86796.364.06$25,209
Feb 20111941,70485.644.18$23,737
Jan 20113801,96986.504.59$41,905
Dec 20101771,87485.734.35$23,322
Nov 20101901,85480.843.80$22,396
Oct 20101941,86478.103.51$21,692
Sep 20101891,78572.633.98$20,830
Aug 201001,94873.684.42$8,609
Jul 20101922,02972.554.74$23,540
Jun 20103812,15270.364.91$37,374
May 20101932,26571.124.24$23,319
Apr 201001,04381.694.12$4,300
Mar 20101942,63678.394.39$26,776
Feb 20101882,41673.585.44$26,982
Jan 20101952,01274.365.96$26,500
Dec 20091942,13571.445.48$25,567
Nov 20091922,00874.593.75$21,854
Oct 20091911,19372.544.11$18,759
Sep 200901,27065.543.06$3,892
Aug 20091882,18867.423.22$19,717
Jul 20091822,24461.133.46$18,900
Jun 20091922,02966.163.90$20,606
May 20091932,26754.743.93$19,465
Apr 20091962,25546.773.59$17,257
Mar 20091982,08342.144.06$16,799
Feb 20093912,10232.814.63$22,567
Jan 200902,29235.865.37$12,310
Dec 20083922,43737.105.98$29,109
Nov 20081972,47255.496.86$27,890
Oct 20081962,77475.246.92$33,949
Sep 20081881,535101.767.88$31,222
Aug 20081932,393114.228.48$42,344
Jul 20081962,529131.0811.39$54,496
Jun 20081932,417131.3313.03$56,847
May 20081942,560123.1711.57$53,525
Apr 20081952,438110.3110.45$46,999
Mar 20083902,966101.909.66$68,405
Feb 20081952,55592.538.77$40,452
Jan 20081952,41590.388.21$37,441
Dec 20071972,63088.337.30$36,605
Nov 20071942,70291.677.29$37,486
Oct 20073852,64582.856.92$50,206
Sep 20071912,58575.846.24$30,627
Aug 20071922,64869.066.39$30,175
Jul 20071942,66570.906.39$30,778
Jun 20071912,66062.007.55$31,921
May 20071942,82558.747.85$33,561
Apr 20071983,19659.617.81$36,748
Mar 20073893,00856.927.30$44,106
Feb 20071952,73955.108.22$33,248
Jan 20073912,88150.306.73$39,047
Dec 20061992,70356.656.92$29,974
Nov 20061932,53254.207.62$29,748
Oct 20061941,39654.906.01$19,046
Sep 20061931,18060.085.04$17,539
Aug 200601,23368.717.34$9,050
Jul 20061941,14169.376.34$20,695
Jun 200619797266.286.38$19,262
May 200601,63866.016.42$10,524
Apr 20061982,59664.397.36$31,857
Mar 20063953,20056.707.08$45,062
Feb 200611,39957.597.75$10,901
Jan 20063984,05060.598.93$60,295
Dec 20051911,74954.9413.42$33,957
Nov 20051922,18254.6910.59$33,604
Oct 20052541,65258.3413.80$37,609
Sep 20051871,96461.4512.08$35,214
Aug 20051951,72761.519.80$28,914
Jul 20051951,81855.697.84$25,119
Jun 20053911,79052.337.38$33,673
May 20051961,79545.226.65$20,802
Apr 20051971,80749.207.36$22,993
Mar 20051971,89650.377.15$23,489
Feb 20053951,72545.226.31$28,750
Jan 20051982,08043.166.32$21,696
Dec 20043982,59839.866.75$33,404
Nov 20041972,60345.286.33$25,398
Oct 20041973,03449.706.52$29,558
Sep 20041992,46843.245.28$21,645
Aug 20043832,89842.375.55$32,314
Jul 20041962,95038.286.08$25,451
Jun 20043302,86036.106.43$30,311
May 20043653,22537.486.49$34,625
Apr 20041833,36334.475.86$26,010
Mar 20043433,62434.365.53$31,827
Feb 20043783,80732.455.51$33,241
Jan 20043733,11032.036.30$31,539
Dec 20033693,63530.266.30$34,072
Nov 20031833,49628.804.60$21,335
Oct 20035453,77628.174.76$33,325
Sep 20031872,48826.314.75$16,736
Aug 20033282,51829.765.13$22,678
Jul 20033622,88329.415.17$25,554
Jun 20031873,81228.565.98$28,148
May 20035243,96126.595.97$37,591
Apr 20035564,57926.675.41$39,588
Mar 20033734,22231.146.10$37,353
Feb 20035634,30033.487.93$52,931
Jan 20033634,82030.315.58$37,908
Dec 20027434,92626.914.85$43,904
Nov 20021914,90224.664.14$24,989
Oct 20023704,64826.464.23$29,447
Sep 20025394,14827.443.64$29,869
Aug 20025464,54925.963.16$28,568
Jul 20023625,10524.583.06$24,528
Jun 20025455,08823.733.34$29,918
May 2002546024.663.58$13,464
Apr 20025565,49823.653.51$32,460
Mar 20025476,76422.003.10$33,021
Feb 20027406,46918.222.38$28,851
Jan 20027427,53317.172.38$30,636
Dec 20017306,50516.932.36$27,739
Nov 20017455,74818.072.41$27,289
Oct 20015494,02819.782.53$21,046
Sep 20013641,97724.262.25$13,282
Aug 20015343,73624.873.05$24,687
Jul 20019254,19323.933.20$35,541
Jun 20018994,84424.563.82$40,604
May 20015424,02025.524.31$31,147
Apr 20019305,90424.685.34$54,452
Mar 20011,3058,61924.545.38$78,364
Feb 20011,29312,40727.755.77$107,433
Jan 20011,65212,40227.478.40$149,542
Dec 2000034826.889.12$3,175
Nov 200011532.215.66$117
Oct 200005431.235.15$278
Sep 200001,10031.875.19$5,705
Aug 20009154,88829.644.54$49,316
Jul 20007364,07928.534.09$37,680
Jun 20005394,56229.304.40$35,853
May 20001,0886,07127.263.68$51,999
Apr 20003697,28724.513.12$31,750
Mar 20009475,24128.422.86$41,902
Feb 20003775,30827.622.73$24,885
Jan 20005374,66825.272.48$25,149
Dec 19999274,94224.282.42$34,486
Nov 19993844,76023.192.43$20,491
Oct 19995364,37020.982.80$23,497
Sep 19995574,29521.752.62$23,363
Aug 19999255,38419.262.88$33,298
Jul 19993614,57617.892.37$17,314
Jun 19997235,56215.942.36$24,663
May 19995372,80915.792.32$14,999
Apr 19995565,81615.102.21$21,238
Mar 19999127,08012.471.84$24,388
Feb 19997026,0769.981.82$18,051
Jan 19999268,10310.381.90$25,007
Dec 19989377,5219.201.77$21,958
Nov 19987416,60910.892.19$22,515
Oct 19987507,32412.421.97$23,737
Sep 19987554,75512.592.08$19,408
Aug 19981,2276,00911.301.91$25,326
Jul 19989275,28711.742.24$22,711
Jun 19981,0965,21611.242.24$23,989
May 19987293,61612.622.21$17,178
Apr 19983792,65013.042.51$11,581
Mar 19989393,61912.802.31$20,377
Feb 19985722,60613.952.30$13,971
Jan 19986554,34114.702.15$18,982
Dec 199718358016.322.41$4,385
Nov 19977254,01418.193.09$25,584
Oct 19977514,21319.253.15$27,727
Sep 19978944,13917.742.95$28,090
Aug 19977324,22017.862.55$23,855
Jul 19973654,13717.582.25$15,712
Jun 19977263,91517.242.26$21,353
May 19977513,72318.972.31$22,841
Apr 19979114,67717.882.08$26,030
Mar 19971,3145,83218.951.94$36,209
Feb 19972,0568,65620.492.21$61,222
Jan 19972,2415,80723.483.54$73,174
Dec 19961,1101,78323.32$25,885
Nov 199617812121.97$3,911
Oct 19965573,00823.31$12,984
Sep 19965443,59522.22$12,088
Aug 19961,1005,52420.26$22,286
Jul 19967485,86619.55$14,623
Jun 19969315,01718.73$17,438
May 19965641,62319.43$10,959
Apr 19965464,67521.51$11,744
Mar 1996115319.38$19
Feb 199618222016.98$3,090
Jan 19961,1095,79717.07$18,931
Dec 19955563,42017.19$9,558
Nov 199537223616.00$5,952
Oct 199518875615.43$2,901
Sep 19951,1025,52516.18$17,830
Aug 19959066,04915.92$14,424
Jul 19951,3018,61815.24$19,827
Jun 19951,8618,89716.41$30,539
May 19951,0606,25517.56$18,614
Apr 19951,6357,85817.73$28,989
Mar 19951,4537,84616.44$23,887
Feb 19956772,49716.58$11,225
Jan 19951761,38915.92$2,802
Dec 19941,78011,98015.03$26,753
Nov 19943,74920,12515.90$59,609
Oct 19943,76322,38015.58$58,628
Sep 19943,78023,33315.29$57,796
Aug 19944,00523,06616.13$64,601
Jul 19944,94226,71117.56$86,782
Jun 19945,70929,73717.09$97,567
May 19948,60240,16315.88$136,600

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.

Sep 2024 — as filed, then multipliedworked
Oil                   11 bbl  × $ 69.61 =       $766
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                     $766

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/22415 is the state's own key, not one this site invented.