HOLMES RANCH

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 22429District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$13.0 M
Jun 1994 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
384
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
OilDisposition100,183 bbl$6,441,398
Casinghead gasProduction1,692,342 Mcf$6,563,297
Total$13,004,695

174,521 Mcf of this lease's gas, across 31 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 (2)

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 29.9201, -96.8147. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.3 miles.

29.92011, -96.81471 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
14,804 ft
2 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.
2100.0%

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

Between 14,644 and 14,964 ft, median 14,804 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2009 – Mar 2010
2 of 2 wells

2 wells

42-149328132 H14,964 ftMar 2010
42-149327541H14,644 ftDec 2009

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 (384)

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

384 months

May 20262751106.413.05$2,500
Apr 2026056298.932.87$1,613
Mar 2026148089.753.15$1,601
Feb 2026145863.503.75$1,781
Jan 2026382159.138.00$6,744
Dec 202513876556.664.41$11,195
Nov 2025474758.593.93$3,167
Oct 2025472659.383.30$2,637
Sep 2025368062.743.08$2,281
Aug 202518275063.933.01$13,896
Jul 2025273666.743.32$2,573
Jun 2025278666.483.13$2,592
May 202518990560.553.23$14,369
Apr 202511,05862.363.54$3,811
Mar 202518890167.704.27$16,573
Feb 202501,30170.884.34$5,647
Jan 2025238274.324.28$1,783
Dec 2024044768.993.12$1,395
Nov 202417677369.052.20$13,852
Oct 2024089571.372.28$2,042
Sep 2024190469.612.36$2,207
Aug 202421,11275.632.06$2,446
Jul 202418352479.932.15$15,752
Jun 2024166378.082.63$1,824
May 2024189578.812.20$2,046
Apr 2024017584.451.66$290
Mar 202419374580.301.55$16,649
Feb 2024374976.091.78$1,564
Jan 2024091873.023.30$3,027
Dec 2023166071.262.61$1,794
Nov 202316962877.892.81$14,927
Oct 2023170785.443.09$2,268
Sep 20236382489.042.74$7,863
Aug 2023180280.522.67$2,224
Jul 202318484674.852.64$16,007
Jun 2023395268.962.26$2,357
May 2023187070.622.23$2,008
Apr 202318670878.122.24$16,115
Mar 2023171872.852.39$1,791
Feb 2023163675.112.47$1,643
Jan 2023174476.533.39$2,597
Dec 2022168276.415.73$3,984
Nov 202218364285.005.65$19,180
Oct 2022168787.185.86$4,116
Sep 2022075384.888.16$6,147
Aug 2022090294.529.13$8,233
Jul 2022194949101.587.54$26,864
Jun 20222704115.097.98$5,846
May 20220731109.378.43$6,165
Apr 20220597104.226.84$4,082
Mar 20222898108.885.08$4,776
Feb 202218880191.054.86$21,009
Jan 2022192881.844.54$4,293
Dec 2021192671.323.90$3,682
Nov 2021087077.435.24$4,556
Oct 2021187179.795.71$5,057
Sep 202119193269.865.35$18,330
Aug 2021097666.024.22$4,119
Jul 202101,07470.783.98$4,277
Jun 20211831,12469.493.38$16,516
May 202101,44563.483.02$4,361
Apr 2021091560.362.76$2,524
Mar 2021093961.302.72$2,551
Feb 2021088457.805.55$4,904
Jan 202101,08350.412.81$3,044
Dec 20201581,34844.642.68$10,660
Nov 2020090438.772.71$2,447
Oct 2020049836.972.48$1,234
Sep 2020076337.091.99$1,519
Aug 2020089639.982.39$2,137
Jul 20201791,14638.371.83$8,960
Jun 202001,13134.901.69$1,912
May 202001,24216.921.81$2,254
Apr 202001,18514.751.80$2,138
Mar 20201631,20330.341.86$7,178
Feb 202001,00349.881.98$1,987
Jan 202001,07257.252.09$2,246
Dec 20191681,15859.012.30$12,582
Nov 201901,02655.302.75$2,822
Oct 20191591,30153.472.42$11,648
Sep 201901,91955.052.66$5,099
Aug 2019042853.112.30$986
Jul 2019079156.272.46$1,946
Jun 20191731,38452.782.49$12,579
May 201901,16958.482.74$3,203
Apr 201901,26062.632.75$3,466
Mar 2019861,37556.803.06$9,095
Feb 20191591,25450.852.79$11,587
Jan 201901,41046.033.23$4,552
Dec 20181881,51446.594.19$15,096
Nov 201801,21352.934.24$5,140
Oct 201801,19661.443.40$4,064
Sep 20181801,12959.543.11$14,226
Aug 201801,37859.403.07$4,226
Jul 201801,48165.142.93$4,342
Jun 20181591,47960.183.08$14,119
May 20181641,58265.382.90$15,311
Apr 20181791,60463.842.90$16,080
Mar 201801,48761.222.79$4,144
Feb 20181891,18061.782.77$14,940
Jan 201801,33462.874.01$5,348
Dec 20171931,38957.272.92$15,111
Nov 201701,39055.423.12$4,335
Oct 201701,42049.292.98$4,237
Sep 20171781,46847.523.09$12,991
Aug 201701,23145.373.00$3,698
Jul 20171841,61843.873.09$13,067
Jun 201701,62742.493.09$5,023
May 20172012,00245.373.26$15,653
Apr 20171872,21547.933.21$16,077
Mar 20171882,03946.772.98$14,876
Feb 201701,97750.452.95$5,837
Jan 20171942,41449.413.42$17,839
Dec 20161862,49748.763.72$18,365
Nov 20161942,46542.492.64$14,761
Oct 201602,62046.193.09$8,096
Sep 20161852,45041.553.10$15,283
Aug 20161882,53641.442.92$15,207
Jul 201602,52241.622.92$7,375
Jun 20161882,43545.352.69$15,066
May 20161902,75042.521.99$13,554
Apr 20161863,19036.561.99$13,152
Mar 20161903,62333.011.79$12,772
Feb 20161943,02626.472.06$11,380
Jan 20161952,75627.352.36$11,849
Dec 20151793,27832.362.00$12,353
Nov 201503,04138.792.17$6,591
Oct 20151813,31443.552.43$15,924
Sep 20151923,35442.992.76$17,506
Aug 20151833,62240.162.87$17,753
Jul 20151873,47748.152.95$19,244
Jun 20151863,66656.152.88$21,012
May 20151933,85755.212.96$22,055
Apr 20151933,69449.822.71$19,613
Mar 20151803,88642.892.93$19,124
Feb 20151873,82644.662.98$19,738
Jan 20153834,52843.433.10$30,673
Dec 20141984,94254.693.59$28,577
Nov 20141935,09770.464.25$35,270
Oct 20143845,40378.303.90$51,144
Sep 20141825,59486.164.05$38,311
Aug 20143706,03589.394.04$57,426
Jul 20143826,44296.564.18$63,811
Jun 20141936,48798.164.74$49,673
May 20143796,82194.734.73$68,143
Apr 20141906,99395.944.81$51,859
Mar 20143947,76595.895.06$77,047
Feb 20143897,71297.406.19$85,641
Jan 20143837,70690.404.86$72,080
Dec 20131863,63991.824.35$32,924
Nov 20133868,16388.853.74$64,812
Oct 20135639,52397.423.78$90,838
Sep 201376910,889104.113.72$120,543
Aug 201395210,414104.253.52$135,930
Jul 201395910,740102.523.72$138,245
Jun 20139519,97094.403.93$128,991
May 20135767,78294.834.15$86,910
Apr 20133794,35893.964.28$54,274
Mar 20131944,12393.623.91$34,295
Feb 201302,59191.233.42$8,861
Jan 20131903,98191.603.42$31,019
Dec 20121844,14286.773.42$30,132
Nov 20121954,18186.953.62$32,111
Oct 20123544,56189.383.40$47,146
Sep 20121853,17094.672.92$26,765
Aug 20123762,62092.662.91$42,460
Jul 20121842,79385.133.02$24,101
Jun 20123763,21279.822.52$38,103
May 20121823,50191.612.49$25,385
Apr 20123863,307101.652.00$45,840
Mar 20121884,296105.052.22$29,295
Feb 20123674,726101.102.57$49,251
Jan 20123884,91198.092.73$51,486
Dec 20111874,90596.873.24$34,006
Nov 20111874,76095.723.31$33,661
Oct 20113906,05984.983.65$55,249
Sep 20115738,44283.623.99$81,562
Aug 201176910,68583.404.15$108,470
Jul 201176512,15094.144.52$126,902
Jun 201193713,45192.904.64$149,458
May 20111,14915,36498.134.40$180,427
Apr 20111,54618,468105.964.33$243,841
Mar 20111,52021,74696.364.06$234,698
Feb 20111,55523,37585.644.18$230,877
Jan 20111,93231,89986.504.59$313,495
Dec 20102,33238,58885.734.35$367,693
Nov 20102,12644,49280.843.80$340,728
Oct 20102,66249,76978.103.51$382,536
Sep 20102,86147,57972.633.98$397,134
Aug 20102,86649,70973.684.42$430,849
Jul 20102,85560,75972.554.74$494,915
Jun 20102,45270,07870.364.91$516,634
May 20102,87180,57671.124.24$545,443
Apr 20102,31661,39481.694.12$442,302
Mar 20104,18097,66578.394.39$756,290
Feb 20105,25498,79573.585.44$924,267
Jan 20106,006111,05574.365.96$1,108,948
Dec 200904,96471.445.48$27,221
Nov 20090074.593.75$0
Oct 200916524172.544.11$12,960
Sep 2009029365.543.06$898
Aug 2009030367.423.22$975
Jul 2009033861.133.46$1,171
Jun 2009031666.163.90$1,231
May 2009036954.743.93$1,449
Apr 2009033446.773.59$1,198
Mar 200919636942.144.06$9,757
Feb 2009034832.814.63$1,612
Jan 2009039235.865.37$2,105
Dec 2008046237.105.98$2,761
Nov 2008046555.496.86$3,190
Oct 2008016675.246.92$1,149
Sep 20080196101.767.88$1,544
Aug 2008194462114.228.48$26,078
Jul 20080430131.0811.39$4,897
Jun 20080485131.3313.03$6,321
May 20080487123.1711.57$5,637
Apr 2008195309110.3110.45$24,741
Mar 20080341101.909.66$3,295
Feb 2008039892.538.77$3,491
Jan 2008055990.388.21$4,587
Dec 2007034288.337.30$2,497
Nov 2007042191.677.29$3,070
Oct 200718846882.856.92$18,815
Sep 2007047875.846.24$2,985
Aug 2007046769.066.39$2,983
Jul 2007049270.906.39$3,143
Jun 2007050662.007.55$3,820
May 200720053658.747.85$15,954
Apr 2007033659.617.81$2,623
Mar 200720159656.927.30$15,793
Feb 2007038755.108.22$3,180
Jan 2007053750.306.73$3,612
Dec 2006032756.656.92$2,262
Nov 2006349254.207.62$3,910
Oct 2006256554.906.01$3,508
Sep 200618851560.085.04$13,889
Aug 2006037468.717.34$2,745
Jul 2006056969.376.34$3,609
Jun 2006063966.286.38$4,079
May 2006069066.016.42$4,433
Apr 200617337464.397.36$13,892
Mar 2006068756.707.08$4,866
Feb 2006042757.597.75$3,310
Jan 200616753160.598.93$14,862
Dec 2005278654.9413.42$10,654
Nov 2005263554.6910.59$6,833
Oct 200515258758.3413.80$16,966
Sep 2005161261.4512.08$7,454
Aug 200515386161.519.80$17,846
Jul 2005284955.697.84$6,771
Jun 2005156752.337.38$4,237
May 200517956745.226.65$11,866
Apr 2005066849.207.36$4,917
Mar 2005184950.377.15$6,125
Feb 200516570045.226.31$11,880
Jan 2005365043.166.32$4,239
Dec 2004065239.866.75$4,402
Nov 200411568145.286.33$9,518
Oct 2004193749.706.52$6,154
Sep 200412649843.245.28$8,080
Aug 200411,00642.375.55$5,626
Jul 20041441,16938.286.08$12,625
Jun 200431,17436.106.43$7,661
May 20041841,26237.486.49$15,092
Apr 200411,28234.475.86$7,545
Mar 200418572234.365.53$10,349
Feb 2004256032.455.51$3,150
Jan 2004161832.036.30$3,925
Dec 200318779430.266.30$10,662
Nov 2003179128.804.60$3,664
Oct 2003089528.174.76$4,260
Sep 2003196526.314.75$4,609
Aug 20031801,02129.765.13$10,594
Jul 20031861,10329.415.17$11,174
Jun 200301,01728.565.98$6,085
May 200318890426.595.97$10,398
Apr 2003168826.675.41$3,747
Mar 2003077131.146.10$4,700
Feb 2003170133.487.93$5,590
Jan 200319274730.315.58$9,989
Dec 2002085626.914.85$4,155
Nov 2002043524.664.14$1,800
Oct 2002061426.464.23$2,597
Sep 200218367327.443.64$7,468
Aug 2002064525.963.16$2,041
Jul 2002056924.583.06$1,742
Jun 200218667123.733.34$6,654
May 200217771524.663.58$6,927
Apr 200201,03923.653.51$3,649
Mar 2002095922.003.10$2,976
Feb 2002038118.222.38$905
Jan 200235782517.172.38$8,090
Dec 2001066116.932.36$1,563
Nov 2001075118.072.41$1,807
Oct 2001080419.782.53$2,033
Sep 200118154024.262.25$5,607
Aug 2001070624.873.05$2,156
Jul 200117858223.933.20$6,120
Jun 2001053324.563.82$2,038
May 20011832,05725.524.31$13,530
Apr 200101,26624.685.34$6,755
Mar 20011811,88124.545.38$14,555
Feb 200101,82527.755.77$10,525
Jan 20011922,48827.478.40$26,170
Dec 20001822,18726.889.12$24,843
Nov 20001872,33032.215.66$19,206
Oct 200002,95331.235.15$15,195
Sep 20001872,28531.875.19$17,811
Aug 20005423,74829.644.54$33,084
Jul 20003534,83228.534.09$29,833
Jun 200035494329.304.40$14,519
May 2000027427.263.68$1,008
Apr 2000031224.513.12$972
Mar 2000034528.422.86$987
Feb 2000031727.622.73$864
Jan 200019441925.272.48$5,942
Dec 1999045224.282.42$1,096
Nov 1999546223.192.43$1,240
Oct 1999047520.982.80$1,332
Sep 199917553621.752.62$5,210
Aug 1999059419.262.88$1,708
Jul 1999062017.892.37$1,471
Jun 199934767115.942.36$7,116
May 1999070015.792.32$1,625
Apr 1999078915.102.21$1,742
Mar 1999084112.471.84$1,546
Feb 19993608299.981.82$5,100
Jan 1999098810.381.90$1,877
Dec 199801,0289.201.77$1,823
Nov 19983581,02110.892.19$6,130
Oct 199801,09712.421.97$2,160
Sep 199801,08712.592.08$2,264
Aug 199801,10811.301.91$2,113
Jul 19983541,17111.742.24$6,776
Jun 199801,09211.242.24$2,443
May 1998077112.622.21$1,701
Apr 19983531,15913.042.51$7,507
Mar 199801,07412.802.31$2,480
Feb 1998075813.952.30$1,743
Jan 19983581,23214.702.15$7,917
Dec 199701,50316.322.41$3,624
Nov 199701,19618.193.09$3,694
Oct 19973581,34419.253.15$11,125
Sep 19973521,13617.742.95$9,601
Aug 199701,16217.862.55$2,969
Jul 19971831,35017.582.25$6,251
Jun 19971941,64617.242.26$7,060
May 1997073518.972.31$1,697
Apr 19971911,71917.882.08$6,995
Mar 19973471,32718.951.94$9,149
Feb 199772,53820.492.21$5,742
Jan 19973761,10123.483.54$12,726
Dec 199601,85923.32$0
Nov 199601,76621.97$0
Oct 19963582,50423.31$8,345
Sep 19961963,25022.22$4,355
Aug 19963553,44720.26$7,192
Jul 1996182,45519.55$352
Jun 19961793,31118.73$3,353
May 19961793,52719.43$3,478
Apr 19961893,81221.51$4,065
Mar 19963703,91119.38$7,171
Feb 19961893,18116.98$3,209
Jan 19961833,70917.07$3,124
Dec 19953494,62117.19$5,999
Nov 19953763,78216.00$6,016
Oct 19951994,00215.43$3,071
Sep 19953685,01616.18$5,954
Aug 19951824,35715.92$2,897
Jul 19955365,46815.24$8,169
Jun 19953715,86716.41$6,088
May 19953376,93517.56$5,918
Apr 19955186,25817.73$9,184
Mar 19957327,47516.44$12,034
Feb 19955406,21316.58$8,953
Jan 19953667,38515.92$5,827
Dec 19945357,97915.03$8,041
Nov 19949039,02315.90$14,358
Oct 19948876,54815.58$13,819
Sep 19947098,79915.29$10,841
Aug 199491210,52216.13$14,711
Jul 19941,77711,22617.56$31,204
Jun 199499316,31317.09$16,970

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                    2 bbl  × $106.41 =       $213
Casinghead gas       751 Mcf  × $  3.05 =     $2,287

────────────────────────────────────────────────────
Month total                                   $2,500

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/22429 is the state's own key, not one this site invented.