SCHMIDT 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 22441District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$1.5 M
Mar 1994 – May 2026
Value, last 12 filed months
$0
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
OilDisposition33,060 bbl$726,704
Casinghead gasProduction458,891 Mcf$795,156
Total$1,521,861

304,403 Mcf of this lease's gas, across 33 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 29.9933, -96.7312. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.99331, -96.73124 · 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
15,388 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 15,388 ft.

Completions filed
May 1994
1 of 1 wells

1 well

42-14932860115,388 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 (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 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 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20109362681.694.12$10,178
Mar 20100378.394.39$13
Feb 201009373.585.44$506
Jan 201019776174.365.96$19,188
Dec 2009010371.445.48$565
Nov 2009040674.593.75$1,523
Oct 2009038072.544.11$1,562
Sep 2009041165.543.06$1,260
Aug 200918860867.423.22$14,632
Jul 2009081661.133.46$2,827
Jun 20091051,12866.163.90$11,340
May 20091901,89654.743.93$17,844
Apr 200901,69746.773.59$6,088
Mar 20091941,19642.144.06$13,030
Feb 20090032.814.63$0
Jan 2009014235.865.37$763
Dec 2008096237.105.98$5,750
Nov 200801,02355.496.86$7,018
Oct 200807475.246.92$512
Sep 2008194527101.767.88$23,893
Aug 20080275114.228.48$2,333
Jul 200802,253131.0811.39$25,660
Jun 200813329131.3313.03$17,845
May 20080389123.1711.57$4,502
Apr 200800110.3110.45$0
Mar 200801,665101.909.66$16,091
Feb 2008011892.538.77$1,035
Jan 200802390.388.21$189
Dec 20071981,09488.337.30$25,478
Nov 2007051891.677.29$3,777
Oct 2007037782.856.92$2,610
Sep 2007064475.846.24$4,021
Aug 200702,18469.066.39$13,951
Jul 200702470.906.39$153
Jun 2007155162.007.55$4,221
May 20070458.747.85$31
Apr 20071991,57459.617.81$24,148
Mar 20070056.927.30$0
Feb 200703455.108.22$279
Jan 200701450.306.73$94
Dec 2006176056.656.92$5,315
Nov 2006115654.207.62$1,243
Oct 20061941,06754.906.01$17,067
Sep 200611,01460.085.04$5,168
Aug 200603268.717.34$235
Jul 200618927569.376.34$14,855
Jun 200611,93166.286.38$12,394
May 200602666.016.42$167
Apr 200602664.397.36$191
Mar 20061532656.707.08$8,859
Feb 20061932,96357.597.75$34,081
Jan 2006072860.598.93$6,503
Dec 200509854.9413.42$1,315
Nov 200503254.6910.59$339
Oct 200501658.3413.80$221
Sep 20051842,31961.4512.08$39,318
Aug 2005045761.519.80$4,477
Jul 200501055.697.84$78
Jun 2005031252.337.38$2,303
May 200519353845.226.65$12,306
Apr 20051853,47049.207.36$34,643
Mar 200506050.377.15$429
Feb 2005028945.226.31$1,824
Jan 200501943.166.32$120
Dec 2004031039.866.75$2,093
Nov 200415025845.286.33$8,425
Oct 200412,16149.706.52$14,129
Sep 20043081,10943.245.28$19,178
Aug 200401,95542.375.55$10,852
Jul 2004020038.286.08$1,217
Jun 20043695,47636.106.43$48,548
May 20041904,41237.486.49$35,775
Apr 200404734.475.86$275
Mar 2004022534.365.53$1,244
Feb 200404832.455.51$264
Jan 2004080532.036.30$5,071
Dec 20030030.266.30$0
Nov 200317853028.804.60$7,562
Oct 20031742,85728.174.76$18,500
Sep 20031892,39926.314.75$16,366
Aug 20033676,43829.765.13$43,947
Jul 20031939,36829.415.17$54,117
Jun 200356910,07928.565.98$76,553
May 200387,74026.595.97$46,441
Apr 20031823,53426.675.41$23,963
Mar 2003168431.146.10$4,201
Feb 2003077333.487.93$6,127
Jan 200311,74830.315.58$9,788
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 200202026.464.23$85
Sep 200218016427.443.64$5,535
Aug 200201,52125.963.16$4,813
Jul 200214024.583.06$147
Jun 2002095023.733.34$3,171
May 2002071424.663.58$2,559
Apr 2002072623.653.51$2,550
Mar 2002093022.003.10$2,886
Feb 2002027718.222.38$658
Jan 200218978317.172.38$5,105
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001177024.262.25$4,294
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001096325.524.31$4,148
Apr 200117518124.685.34$5,285
Mar 200101,77124.545.38$9,522
Feb 200112627.755.77$178
Jan 20011792527.478.40$5,127
Dec 200001,01526.889.12$9,259
Nov 200001,60232.215.66$9,064
Oct 200017031.235.15$391
Sep 2000038631.875.19$2,002
Aug 2000092529.644.54$4,200
Jul 20000028.534.09$0
Jun 200017856229.304.40$7,687
May 2000034327.263.68$1,262
Apr 2000063024.513.12$1,963
Mar 200001,48228.422.86$4,238
Feb 20000027.622.73$0
Jan 2000043925.272.48$1,089
Dec 199918326024.282.42$5,073
Nov 199902,91023.192.43$7,083
Oct 19991720.982.80$41
Sep 199901221.752.62$31
Aug 199901,71119.262.88$4,920
Jul 199909617.892.37$228
Jun 1999010315.942.36$243
May 19993551,60815.792.32$9,338
Apr 199901,72415.102.21$3,807
Mar 1999083812.471.84$1,541
Feb 19990789.981.82$142
Jan 199905110.381.90$97
Dec 199806339.201.77$1,123
Nov 19983542,34410.892.19$8,978
Oct 1998091412.421.97$1,800
Sep 1998031712.592.08$660
Aug 1998163011.301.91$1,842
Jul 19983574,88611.742.24$15,122
Jun 19980011.242.24$0
May 1998154912.622.21$1,224
Apr 1998116113.042.51$416
Mar 19980012.802.31$0
Feb 1998022313.952.30$513
Jan 199802,49514.702.15$5,376
Dec 199701,38916.322.41$3,349
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 199736275917.582.25$8,069
Jun 199701,55717.242.26$3,514
May 199702,83918.972.31$6,554
Apr 19973661,75717.882.08$10,204
Mar 199702,85918.951.94$5,544
Feb 199713620.492.21$100
Jan 1997042523.483.54$1,504
Dec 199618677923.32$4,338
Nov 199601,78321.97$0
Oct 19961852,70423.31$4,312
Sep 1996178022.22$3,955
Aug 199603,43320.26$0
Jul 19963763,95619.55$7,351
Jun 1996158218.73$19
May 199636758719.43$7,131
Apr 199604,18621.51$0
Mar 1996093519.38$0
Feb 19961872,55516.98$3,175
Jan 19963692,76317.07$6,299
Dec 19951892,14217.19$3,249
Nov 19951752,17516.00$2,800
Oct 19953742,76315.43$5,771
Sep 1995045216.18$0
Aug 19953712,87215.92$5,906
Jul 199518642515.24$2,835
Jun 19953812,56216.41$6,252
May 19957475,72217.56$13,117
Apr 19951933,26017.73$3,422
Mar 1995027516.44$0
Feb 19953822,39516.58$6,334
Jan 19955684,96915.92$9,043
Dec 19945865,92615.03$8,808
Nov 19945787,84215.90$9,190
Oct 19949639,60315.58$15,004
Sep 199496617,30015.29$14,770
Aug 19949519,86616.13$15,340
Jul 19943888,21717.56$6,813
Jun 19941,67533,20517.09$28,626
May 19942,29546,26015.88$36,445
Apr 19949,777106,15314.14$138,247
Mar 19943745,75612.46$4,660

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.

Apr 2010 — as filed, then multipliedworked
Oil                   93 bbl  × $ 81.69 =     $7,597
Casinghead gas       626 Mcf  × $  4.12 =     $2,581

────────────────────────────────────────────────────
Month total                                  $10,178

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/22441 is the state's own key, not one this site invented.