HEEMER

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 22423District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$20.5 M
May 1994 – May 2026
Value, last 12 filed months
$350 k
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
OilDisposition391,095 bbl$15,252,566
Casinghead gasProduction1,449,898 Mcf$5,279,942
Total$20,532,508

270,845 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 30.2356, -96.7274. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23564, -96.72743 · 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
13,782 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 13,782 ft.

Completions filed
May 1994
1 of 1 wells

1 well

42-47730737113,782 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 20261751,489106.413.05$23,157
Apr 20263691,35298.932.87$40,385
Mar 20263581,40689.753.15$36,559
Feb 20263631,30463.503.75$27,941
Jan 20263641,43259.138.00$32,976
Dec 20253571,38956.664.41$26,358
Nov 20253521,37058.593.93$26,003
Oct 20253541,40959.383.30$25,677
Sep 20253591,34562.743.08$26,662
Aug 20253541,43463.933.01$26,954
Jul 20253641,45566.743.32$29,117
Jun 20253601,40066.483.13$28,313
May 20253511,45560.553.23$25,956
Apr 20253631,49562.363.54$27,934
Mar 20255551,62667.704.27$44,514
Feb 20255192,58070.884.34$47,986
Jan 20250074.324.28$0
Dec 202418281068.993.12$15,084
Nov 20241771,25469.052.20$14,979
Oct 20241831,07371.372.28$15,509
Sep 20243581,62669.612.36$28,765
Aug 20243553,61975.632.06$34,317
Jul 20243621,64479.932.15$32,464
Jun 20243502,06978.082.63$32,778
May 20243201,85778.812.20$29,302
Apr 202417941084.451.66$15,797
Mar 20243581,30680.301.55$30,765
Feb 20243551,36576.091.78$29,447
Jan 202418264273.023.30$15,407
Dec 20233581,67271.262.61$29,876
Nov 20233541,66577.892.81$32,248
Oct 20233481,56085.443.09$34,549
Sep 20233561,32389.042.74$35,317
Aug 20233501,46380.522.67$32,092
Jul 20233481,33774.852.64$29,580
Jun 20233641,18068.962.26$27,766
May 20233721,42470.622.23$29,442
Apr 20233611,55478.122.24$31,679
Mar 20233571,83872.852.39$30,406
Feb 20233391,68175.112.47$29,607
Jan 20233431,36776.533.39$30,881
Dec 20223341,29676.415.73$32,946
Nov 20223501,39985.005.65$37,649
Oct 2022363087.185.86$31,646
Sep 20223881,50684.888.16$45,228
Aug 20223571,79894.529.13$50,154
Jul 20223551,439101.587.54$46,914
Jun 20223491,616115.097.98$53,058
May 20223571,877109.378.43$54,874
Apr 20227112,487104.226.84$91,106
Mar 202200108.885.08$0
Feb 20223641,15791.054.86$38,764
Jan 20223701,72381.844.54$38,099
Dec 20215451,74771.323.90$45,681
Nov 20213681,67877.435.24$37,282
Oct 20211851,68079.795.71$24,360
Sep 20215301,79569.865.35$46,631
Aug 20215261,48166.024.22$40,977
Jul 20211781,36470.783.98$18,030
Jun 20213821,58769.493.38$31,910
May 20215491,89263.483.02$40,560
Apr 20213601,31360.362.76$25,351
Mar 20213581,87061.302.72$27,026
Feb 20211831,36157.805.55$18,128
Jan 20215391,94650.412.81$32,640
Dec 20203571,74344.642.68$20,600
Nov 20203601,71838.772.71$18,607
Oct 20205341,85136.972.48$24,330
Sep 20205321,83137.091.99$23,377
Aug 20203541,78839.982.39$18,417
Jul 20205481,79538.371.83$24,303
Jun 20203481,75434.901.69$15,110
May 20203601,82216.921.81$9,398
Apr 20205481,75314.751.80$11,246
Mar 20203541,88830.341.86$14,245
Feb 20205191,71049.881.98$29,275
Jan 20203621,87957.252.09$24,661
Dec 20195311,89059.012.30$35,690
Nov 20195241,90455.302.75$34,215
Oct 20195242,02953.472.42$32,926
Sep 20193471,96855.052.66$24,332
Aug 20195182,08753.112.30$32,320
Jul 20195172,19356.272.46$34,487
Jun 20195262,21152.782.49$33,270
May 20193461,69658.482.74$24,882
Apr 20195492,09862.632.75$40,155
Mar 20195372,20156.803.06$37,241
Feb 20195331,99150.852.79$32,662
Jan 20195582,28146.033.23$33,048
Dec 20185642,35646.594.19$36,138
Nov 20187162,40452.934.24$48,084
Oct 20187182,61861.443.40$53,010
Sep 20187202,85459.543.11$51,739
Aug 20187242,07159.403.07$49,356
Jul 20183571,33265.142.93$27,160
Jun 20185341,70960.183.08$37,395
May 20183721,76065.382.90$29,427
Apr 20183591,84063.842.90$28,256
Mar 20185731,79261.222.79$40,073
Feb 20183831,80061.782.77$28,641
Jan 20185842,13462.874.01$45,272
Dec 20173781,83757.272.92$27,015
Nov 20175681,82255.423.12$37,160
Oct 20173832,02349.292.98$24,914
Sep 20171851,81247.523.09$14,385
Aug 20175631,55245.373.00$30,206
Jul 20173752,07843.873.09$22,867
Jun 20173792,27842.493.09$23,137
May 20175692,91245.373.26$35,319
Apr 20173791,14747.933.21$21,849
Mar 20173881,52446.772.98$22,694
Feb 2017366050.452.95$18,465
Jan 20173781,86749.413.42$25,060
Dec 20163771,86748.763.72$25,333
Nov 20163772,15642.492.64$21,720
Oct 20165601,98946.193.09$32,013
Sep 20163752,14141.553.10$22,220
Aug 20165502,08641.442.92$28,892
Jul 20163592,15941.622.92$21,255
Jun 20165462,12545.352.69$30,468
May 20163702,02542.521.99$19,764
Apr 20165512,10836.561.99$24,342
Mar 20163872,43433.011.79$17,141
Feb 20163781,67426.472.06$13,460
Jan 20165521,94927.352.36$19,705
Dec 20155712,21032.362.00$22,901
Nov 20153782,08438.792.17$19,179
Oct 20155572,32443.552.43$29,897
Sep 20153802,05242.992.76$21,996
Aug 20155642,26640.162.87$29,159
Jul 20153692,34448.152.95$24,671
Jun 20155642,20156.152.88$38,014
May 20155732,36355.212.96$38,619
Apr 20153852,21349.822.71$25,170
Mar 20155762,25742.892.93$31,328
Feb 20153802,00944.662.98$22,950
Jan 20155772,24943.433.10$32,032
Dec 20145812,38554.693.59$40,340
Nov 20145822,23070.464.25$50,489
Oct 20145672,35378.303.90$53,575
Sep 20143852,38386.164.05$42,812
Aug 20145722,61489.394.04$61,679
Jul 20145822,81396.564.18$67,955
Jun 20145763,06998.164.74$71,078
May 20143811,12794.734.73$41,419
Apr 20143831,61495.944.81$44,507
Mar 20145862,26695.895.06$67,650
Feb 20145842,16997.406.19$70,312
Jan 20145832,07590.404.86$62,789
Dec 20135822,32491.824.35$63,559
Nov 20135792,18688.853.74$59,616
Oct 20135582,42297.423.78$63,514
Sep 20135752,404104.113.72$68,801
Aug 20135722,588104.253.52$68,748
Jul 20135612,826102.523.72$68,020
Jun 20137533,24594.403.93$83,847
May 20133801,92594.834.15$44,022
Apr 20135751,85993.964.28$61,988
Mar 20131951,44293.623.91$23,898
Feb 20135742,44191.233.42$60,714
Jan 20137712,65991.603.42$79,717
Dec 20125712,77386.773.42$59,030
Nov 20127562,77386.953.62$75,786
Oct 20125492,15689.383.40$56,399
Sep 20123822,32194.672.92$42,938
Aug 20125632,42192.662.91$59,208
Jul 20125652,41385.133.02$55,388
Jun 20125592,30479.822.52$50,423
May 20125442,39591.612.49$55,795
Apr 20125672,325101.652.00$62,278
Mar 20125662,372105.052.22$64,729
Feb 20125632,490101.102.57$63,319
Jan 20127742,60398.092.73$83,038
Dec 20115572,57796.873.24$62,305
Nov 20117422,59595.723.31$79,617
Oct 20115822,70484.983.65$59,324
Sep 20115722,65883.623.99$58,425
Aug 20115662,73183.404.15$58,536
Jul 20117472,72394.144.52$82,623
Jun 20115712,66992.904.64$65,430
May 20117702,80098.134.40$87,894
Apr 20115742,688105.964.33$72,469
Mar 20115652,84996.364.06$66,003
Feb 20117732,27985.644.18$75,726
Jan 20115842,84986.504.59$63,589
Dec 20107752,91785.734.35$79,123
Nov 20107472,75780.843.80$70,851
Oct 20105802,95078.103.51$55,649
Sep 20107722,87072.633.98$67,491
Aug 20105752,90873.684.42$55,218
Jul 20107682,96872.554.74$69,776
Jun 20105692,94870.364.91$54,511
May 20107473,17871.124.24$66,586
Apr 20105802,37781.694.12$57,180
Mar 20107632,99678.394.39$72,960
Feb 20107542,69073.585.44$70,119
Jan 20107623,17674.365.96$75,604
Dec 20097703,19871.445.48$72,546
Nov 20097743,15774.593.75$69,576
Oct 20097603,38072.544.11$69,023
Sep 20095763,08965.543.06$47,218
Aug 20097643,17867.423.22$61,737
Jul 20097553,26261.133.46$57,454
Jun 20097713,19266.163.90$63,442
May 20095813,48554.743.93$45,485
Apr 20099733,42346.773.59$57,787
Mar 20097803,61642.144.06$47,547
Feb 20097803,45132.814.63$41,580
Jan 20097793,92835.865.37$49,032
Dec 20087873,65837.105.98$51,062
Nov 20089794,49755.496.86$85,176
Oct 20081,1734,69575.246.92$120,755
Sep 20089613,480101.767.88$125,204
Aug 2008194564114.228.48$26,943
Jul 20089643,742131.0811.39$168,980
Jun 20085772,249131.3313.03$105,088
May 20087742,670123.1711.57$126,237
Apr 20087772,924110.3110.45$116,281
Mar 20087813,227101.909.66$110,770
Feb 20087813,23592.538.77$100,639
Jan 20087853,28090.388.21$97,863
Dec 20075902,73988.337.30$72,115
Nov 20077753,05791.677.29$93,335
Oct 20075802,14582.856.92$62,901
Sep 20077733,05175.846.24$77,675
Aug 20077673,28869.066.39$73,973
Jul 20077633,52170.906.39$76,589
Jun 20079563,19962.007.55$83,419
May 20077733,40958.747.85$72,154
Apr 20077843,54259.617.81$74,380
Mar 20079793,67556.927.30$82,559
Feb 20077773,44055.108.22$71,076
Jan 20075953,95950.306.73$56,560
Dec 20069904,17456.656.92$84,961
Nov 20067734,22854.207.62$74,103
Oct 20069784,81154.906.01$82,625
Sep 20069704,79560.085.04$82,431
Aug 20061,1715,08768.717.34$117,798
Jul 20069795,23969.376.34$101,143
Jun 20069635,11266.286.38$96,462
May 20061,1575,39366.016.42$111,024
Apr 20061,3635,44064.397.36$127,805
Mar 20061,1905,88556.707.08$109,156
Feb 20069905,61557.597.75$100,537
Jan 20061,5876,81960.598.93$157,073
Dec 20051,3507,04354.9413.42$168,654
Nov 20051,9177,91754.6910.59$188,669
Oct 20051,9617,95958.3413.80$224,205
Sep 20052,1457,36861.4512.08$220,808
Aug 20059812,18861.519.80$81,777
Jul 20053471,28455.697.84$29,396
Jun 20057823,57552.337.38$67,309
May 20059753,70845.226.65$68,752
Apr 20057813,64649.207.36$65,262
Mar 20057873,81250.377.15$66,916
Feb 20057873,38345.226.31$56,941
Jan 20059703,65243.166.32$64,954
Dec 20047903,69639.866.75$56,441
Nov 20047813,64745.286.33$58,451
Oct 20049594,49349.706.52$76,935
Sep 20047703,83543.245.28$53,559
Aug 20049794,01042.375.55$63,738
Jul 20049894,07138.286.08$62,628
Jun 20041,1493,87636.106.43$66,413
May 20047853,89037.486.49$54,686
Apr 20049763,95534.475.86$56,813
Mar 20041,1164,18934.365.53$61,512
Feb 20049803,79032.455.51$52,682
Jan 20049804,24232.036.30$58,112
Dec 20031,1744,25330.266.30$62,326
Nov 20039784,27928.804.60$47,829
Oct 20031,1744,48728.174.76$54,428
Sep 20031,1574,36826.314.75$51,186
Aug 20039714,59229.765.13$52,453
Jul 20031,3625,46529.415.17$68,315
Jun 20031,0874,81128.565.98$59,829
May 20031,2764,60426.595.97$61,427
Apr 20039134,43126.675.41$48,309
Mar 20031,4544,82431.146.10$74,685
Feb 20039234,00233.487.93$62,621
Jan 20031,46621,81930.315.58$166,229
Dec 20021,2694,61426.914.85$56,544
Nov 20021,0844,78124.664.14$46,510
Oct 20021,4594,67226.464.23$58,364
Sep 20021,2545,47527.443.64$54,312
Aug 20021,2595,69325.963.16$50,697
Jul 20021,2405,54724.583.06$47,463
Jun 20021,4145,51323.733.34$51,958
May 20021,4146,31324.663.58$57,495
Apr 20021,4596,78323.653.51$58,329
Mar 20021,6544,44222.003.10$50,170
Feb 20021,4736,92918.222.38$43,299
Jan 20021,6406,82517.172.38$44,373
Dec 20011,8547,13516.932.36$48,258
Nov 20012,0258,07418.072.41$56,014
Oct 20011,8035,08019.782.53$48,510
Sep 20011,7876,58624.262.25$58,180
Aug 20011,8386,44624.873.05$65,392
Jul 20011,8107,22323.933.20$66,406
Jun 20012,0097,44224.563.82$77,800
May 20012,0154,90225.524.31$72,537
Apr 20011,9847,61524.685.34$89,594
Mar 20012,0347,64424.545.38$91,012
Feb 20012,08692927.755.77$63,244
Jan 20012,2518,90727.478.40$136,643
Dec 20002,4998,98326.889.12$149,121
Nov 20002,7059,05032.215.66$138,333
Oct 20003,0419,69531.235.15$144,856
Sep 20003,21011,11231.875.19$159,935
Aug 20004,06013,21829.644.54$180,358
Jul 20006,12418,11728.534.09$248,812
Jun 20002,9294,65829.304.40$106,302
May 20003771,36527.263.68$15,300
Apr 20007503,89324.513.12$30,513
Mar 20001,1074,06228.422.86$43,077
Feb 20001,3104,77927.622.73$49,212
Jan 20005471,74925.272.48$18,161
Dec 19991821,70824.282.42$8,559
Nov 19997193,14623.192.43$24,331
Oct 19997161,01820.982.80$17,876
Sep 19998913,99221.752.62$29,834
Aug 19991,0672,53019.262.88$27,826
Jul 19997114,26017.892.37$22,826
Jun 19997053,95815.942.36$20,587
May 19991,0573,98115.792.32$25,930
Apr 19997164,62715.102.21$21,028
Mar 19998815,11512.471.84$20,389
Feb 19999014,9509.981.82$17,990
Jan 19998745,39310.381.90$19,319
Dec 19981,2185,7209.201.77$21,349
Nov 19981,0756,68810.892.19$26,325
Oct 19981,7899,08312.421.97$40,106
Sep 19985344,38312.592.08$15,851
Aug 19981,2447,16611.301.91$27,725
Jul 19985292,60411.742.24$12,036
Jun 19986963,56211.242.24$15,792
May 19981,0683,75412.622.21$21,761
Apr 19981,0725,39713.042.51$27,500
Mar 19987056,05312.802.31$23,003
Feb 19981,0865,51613.952.30$27,832
Jan 19981,2596,47714.702.15$32,464
Dec 19977126,67416.322.41$27,712
Nov 19971,3915,00118.193.09$40,747
Oct 19971,0746,48819.253.15$41,111
Sep 19971,2496,42417.742.95$41,139
Aug 19971,5986,79317.862.55$45,895
Jul 19971,0687,06717.582.25$34,655
Jun 19971,4167,25217.242.26$40,781
May 19971,4246,89218.972.31$42,923
Apr 19971,5678,45117.882.08$45,620
Mar 19972,12810,17518.951.94$60,056
Feb 19972,3539,83220.492.21$69,901
Jan 19971,0645,10323.483.54$43,046
Dec 19961,4526,11223.32$33,861
Nov 19961,2626,20121.97$27,726
Oct 19961,5976,59623.31$37,226
Sep 19962,3279,97022.22$51,706
Aug 19961,0183,70220.26$20,625
Jul 19961,2354,12319.55$24,144
Jun 19961,0724,71518.73$20,079
May 19961,2704,19519.43$24,676
Apr 19961,7948,60821.51$38,589
Mar 19962,3559,34419.38$45,640
Feb 19961,9868,77016.98$33,722
Jan 19961,8106,60317.07$30,897
Dec 19951,9927,00117.19$34,242
Nov 19951,6087,29916.00$25,728
Oct 19951,8027,19815.43$27,805
Sep 19952,1056,61016.18$34,059
Aug 19952,6138,24715.92$41,599
Jul 19952,8269,91515.24$43,068
Jun 19953,3839,50316.41$55,515
May 19954,2688,50117.56$74,946
Apr 19952,5474,31617.73$45,158
Mar 199512316.44$16
Feb 19951,2162,46516.58$20,161
Jan 19954,1438,96015.92$65,957
Dec 19943,2424,87415.03$48,727
Nov 19944,1437,79415.90$65,874
Oct 19945,68410,62515.58$88,557
Sep 19945,87114,09215.29$89,768
Aug 19947,67310,08616.13$123,765
Jul 199412,12617,24817.56$212,933
Jun 199423,47341,20417.09$401,154
May 19941,4205,94515.88$22,550

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                  175 bbl  × $106.41 =    $18,622
Casinghead gas     1,489 Mcf  × $  3.05 =     $4,535

────────────────────────────────────────────────────
Month total                                  $23,157

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/22423 is the state's own key, not one this site invented.