SCHULZE 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 22442District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$6.6 M
Jun 1994 – May 2026
Value, last 12 filed months
$84 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
OilDisposition141,197 bbl$4,192,749
Casinghead gasProduction887,762 Mcf$2,453,356
Total$6,646,105

303,168 Mcf of this lease's gas, across 30 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 30.1465, -97.0024. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.14649, -97.00239 · 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
12,160 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 12,160 ft.

Completions filed
Jun 1994
1 of 1 wells

1 well

42-287324251H12,160 ftJun 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 (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 20260724106.413.05$2,205
Apr 202616946798.932.87$18,059
Mar 2026039489.753.15$1,241
Feb 202617830963.503.75$12,462
Jan 2026051659.138.00$4,127
Dec 2025050956.664.41$2,246
Nov 2025044358.593.93$1,739
Oct 202518048459.383.30$12,288
Sep 2025046062.743.08$1,415
Aug 202518341263.933.01$12,941
Jul 2025040066.743.32$1,326
Jun 202518936766.483.13$13,713
May 202501,25260.553.23$4,047
Apr 2025060562.363.54$2,144
Mar 202518726467.704.27$13,787
Feb 202517796770.884.34$16,743
Jan 2025014474.324.28$616
Dec 2024017068.993.12$531
Nov 2024045969.052.20$1,009
Oct 202417951171.372.28$13,941
Sep 2024047269.612.36$1,116
Aug 202417955575.632.06$14,683
Jul 2024027879.932.15$597
Jun 2024080578.082.63$2,120
May 202417572978.812.20$15,394
Apr 2024012584.451.66$207
Mar 202419141980.301.55$15,985
Feb 2024156676.091.78$1,086
Jan 2024041173.023.30$1,355
Dec 202319053071.262.61$14,923
Nov 2023037777.892.81$1,058
Oct 2023055085.443.09$1,698
Sep 202318844289.042.74$17,948
Aug 202317737480.522.67$15,252
Jul 2023048074.852.64$1,268
Jun 2023045068.962.26$1,016
May 202317659770.622.23$13,759
Apr 2023046578.122.24$1,041
Mar 202317750672.852.39$14,105
Feb 2023037475.112.47$922
Jan 202318557276.533.39$16,096
Dec 2022045276.415.73$2,590
Nov 2022047985.005.65$2,705
Oct 202218047687.185.86$18,484
Sep 2022049384.888.16$4,025
Aug 202218142994.529.13$21,024
Jul 20220711101.587.54$5,362
Jun 20221563115.097.98$4,606
May 2022182477109.378.43$23,928
Apr 20220548104.226.84$3,747
Mar 2022181627108.885.08$22,890
Feb 2022043591.054.86$2,114
Jan 20223731,71281.844.54$38,295
Dec 202119757171.323.90$16,276
Nov 20210077.435.24$0
Oct 202101979.795.71$109
Sep 2021031469.865.35$1,680
Aug 2021072066.024.22$3,039
Jul 202116559570.783.98$14,048
Jun 2021068569.493.38$2,316
May 202118389663.483.02$14,321
Apr 2021052860.362.76$1,456
Mar 202118662461.302.72$13,097
Feb 2021054357.805.55$3,013
Jan 202117465650.412.81$10,615
Dec 202017560944.642.68$9,441
Nov 2020064638.772.71$1,748
Oct 2020066036.972.48$1,636
Sep 202018262537.091.99$7,995
Aug 2020060239.982.39$1,436
Jul 202018371538.371.83$8,327
Jun 2020054134.901.69$914
May 202017874116.921.81$4,356
Apr 2020068614.751.80$1,238
Mar 202017957730.341.86$6,502
Feb 2020052649.881.98$1,042
Jan 202018765557.252.09$12,078
Dec 2019078559.012.30$1,809
Nov 201918569355.302.75$12,137
Oct 201918471853.472.42$11,575
Sep 2019069755.052.66$1,852
Aug 2019072653.112.30$1,673
Jul 201917665756.272.46$11,520
Jun 201917162952.782.49$10,592
May 2019055958.482.74$1,532
Apr 201918567362.632.75$13,438
Mar 2019064556.803.06$1,975
Feb 201918061150.852.79$10,859
Jan 2019066746.033.23$2,153
Dec 201818571246.594.19$11,599
Nov 2018044752.934.24$1,894
Oct 201818381561.443.40$14,013
Sep 2018078059.543.11$2,424
Aug 201818471959.403.07$13,134
Jul 201818378865.142.93$14,231
Jun 2018066260.183.08$2,037
May 201818563365.382.90$13,932
Apr 2018053963.842.90$1,564
Mar 201818354261.222.79$12,714
Feb 2018041961.782.77$1,159
Jan 201817953262.874.01$13,387
Dec 201718554157.272.92$12,175
Nov 2017091355.423.12$2,847
Oct 201718863449.292.98$11,158
Sep 2017059347.523.09$1,831
Aug 201717969445.373.00$10,206
Jul 2017065043.873.09$2,007
Jun 201718057542.493.09$9,423
May 201718086145.373.26$10,976
Apr 201701,69047.933.21$5,428
Mar 20171841,57546.772.98$13,305
Feb 201701,40350.452.95$4,143
Jan 20171851,69449.413.42$14,932
Dec 201601,27448.763.72$4,743
Nov 201618984042.492.64$10,252
Oct 201618198046.193.09$11,389
Sep 2016078241.553.10$2,425
Aug 201617973941.442.92$9,579
Jul 201618697641.622.92$10,595
Jun 2016093745.352.69$2,517
May 201618876542.521.99$9,517
Apr 2016077336.561.99$1,539
Mar 201618679433.011.79$7,564
Feb 2016070026.472.06$1,445
Jan 201618276127.352.36$6,777
Dec 201519078332.362.00$7,716
Nov 201519368238.792.17$8,965
Oct 2015072843.552.43$1,767
Sep 201517780142.992.76$9,819
Aug 2015069240.162.87$1,988
Jul 201518074548.152.95$10,861
Jun 20151911,06556.152.88$13,795
May 201518879555.212.96$12,729
Apr 2015077049.822.71$2,084
Mar 201518573942.892.93$10,103
Feb 201519066644.662.98$10,468
Jan 2015069143.433.10$2,143
Dec 20141871,02654.693.59$13,912
Nov 201418889270.464.25$17,039
Oct 201418889878.303.90$18,223
Sep 2014080786.164.05$3,265
Aug 201418388189.394.04$19,913
Jul 201418989696.564.18$21,995
Jun 201418884398.164.74$22,447
May 2014078894.734.73$3,725
Apr 201418576495.944.81$21,423
Mar 20141901,20895.895.06$24,328
Feb 201418878497.406.19$23,166
Jan 20143387690.404.86$7,241
Dec 201319679891.824.35$21,472
Nov 201318087988.853.74$19,279
Oct 201318284897.423.78$20,935
Sep 20130854104.113.72$3,175
Aug 20131841,600104.253.52$24,818
Jul 2013183991102.523.72$22,445
Jun 201318674494.403.93$20,485
May 201301,18894.834.15$4,929
Apr 201318841493.964.28$19,437
Mar 201318971193.623.91$20,476
Feb 2013069291.233.42$2,367
Jan 20131881,06791.603.42$20,870
Dec 201201,00086.773.42$3,420
Nov 201218588786.953.62$19,301
Oct 20121891,06189.383.40$20,500
Sep 201201,20094.672.92$3,502
Aug 201218084192.662.91$19,125
Jul 201218187185.133.02$18,040
Jun 201218687079.822.52$17,038
May 2012079691.612.49$1,981
Apr 2012190772101.652.00$20,855
Mar 20120791105.052.22$1,758
Feb 2012187882101.102.57$21,173
Jan 2012092398.092.73$2,524
Dec 20111911,77596.873.24$24,253
Nov 20111861,06595.723.31$21,330
Oct 20111841,30284.983.65$20,387
Sep 20111911,57383.623.99$22,241
Aug 201101,15083.404.15$4,772
Jul 20111871,11594.144.52$22,641
Jun 201118998692.904.64$22,133
May 20111901,37898.134.40$24,715
Apr 201101,258105.964.33$5,451
Mar 20111901,44096.364.06$24,151
Feb 201101,13985.644.18$4,761
Jan 20111891,25386.504.59$22,098
Dec 201001,21285.734.35$5,269
Nov 20101831,12780.843.80$19,071
Oct 20101871,16478.103.51$18,689
Sep 20101871,75172.633.98$20,550
Aug 20101861,79073.684.42$21,615
Jul 201001,32772.554.74$6,285
Jun 20101871,18170.364.91$18,957
May 20101882,23371.124.24$22,828
Apr 201019096681.694.12$19,504
Mar 201001,25078.394.39$5,486
Feb 20101941,30673.585.44$21,382
Jan 20101881,73874.365.96$24,345
Dec 20091911,23171.445.48$20,396
Nov 200901,27174.593.75$4,768
Oct 20091861,45772.544.11$19,481
Sep 20091841,41065.543.06$16,381
Aug 20091841,38367.423.22$16,856
Jul 200901,39361.133.46$4,826
Jun 20091831,31266.163.90$17,218
May 20091941,27254.743.93$15,613
Apr 20091921,78546.773.59$15,384
Mar 20091961,99542.144.06$16,357
Feb 20091961,23932.814.63$12,171
Jan 200901,35335.865.37$7,267
Dec 20081951,37737.105.98$15,465
Nov 20081891,50455.496.86$20,806
Oct 20083841,53175.246.92$39,490
Sep 200801,221101.767.88$9,618
Aug 200801,468114.228.48$12,453
Jul 20083852,605131.0811.39$80,135
Jun 200801,536131.3313.03$20,018
May 20081941,491123.1711.57$41,152
Apr 20081951,449110.3110.45$36,660
Mar 20081931,643101.909.66$35,545
Feb 20081952,14492.538.77$36,847
Jan 20081951,56090.388.21$30,425
Dec 20071941,51688.337.30$28,206
Nov 200701,46091.677.29$10,646
Oct 20071931,94782.856.92$29,467
Sep 200701,66675.846.24$10,403
Aug 20071911,88169.066.39$25,206
Jul 20071931,96470.906.39$26,230
Jun 20071921,63362.007.55$24,231
May 20071711,66858.747.85$23,132
Apr 20071892,16259.617.81$28,141
Mar 20071931,69856.927.30$23,384
Feb 20071901,49155.108.22$22,719
Jan 20071891,83450.306.73$21,844
Dec 200621,68456.656.92$11,764
Nov 20061801,61654.207.62$22,066
Oct 20061801,70954.906.01$20,160
Sep 20061872,22560.085.04$22,443
Aug 20061841,85868.717.34$26,280
Jul 20061583,04769.376.34$30,287
Jun 20061842,00766.286.38$25,008
May 20061761,85566.016.42$23,536
Apr 20063802,10864.397.36$39,984
Mar 20061852,61756.707.08$29,026
Feb 200601,77057.597.75$13,719
Jan 20061911,62360.598.93$26,071
Dec 20051841,55554.9413.42$30,970
Nov 20053631,90354.6910.59$40,002
Oct 20051781,76158.3413.80$34,679
Sep 20051721,72561.4512.08$31,406
Aug 20051742,23561.519.80$32,599
Jul 20051821,75455.697.84$23,893
Jun 20053471,76252.337.38$31,164
May 20051821,97345.226.65$21,353
Apr 200511,77049.207.36$13,077
Mar 20051822,13150.377.15$24,414
Feb 20051871,87245.226.31$20,272
Jan 20051861,99943.166.32$20,666
Dec 20043442,24339.866.75$28,855
Nov 20041281,84845.286.33$17,494
Oct 20041792,09349.706.52$22,532
Sep 20043591,63443.245.28$24,157
Aug 20041802,38042.375.55$20,837
Jul 20041761,94638.286.08$18,577
Jun 20041761,91936.106.43$18,699
May 20041811,94237.486.49$19,396
Apr 20043441,24734.475.86$19,163
Mar 2004093634.365.53$5,176
Feb 20041771,82332.455.51$15,788
Jan 20043622,52432.036.30$27,495
Dec 20031782,24730.266.30$19,546
Nov 20033612,42728.804.60$21,549
Oct 20031782,73328.174.76$18,022
Sep 20035433,09926.314.75$29,005
Aug 20031822,58929.765.13$18,697
Jul 200311,91929.415.17$9,952
Jun 20033501,78328.565.98$20,664
May 20033582,60626.595.97$25,084
Apr 20031832,56126.675.41$18,729
Mar 20033582,65831.146.10$27,351
Feb 200312,29633.487.93$18,231
Jan 20033642,34730.315.58$24,134
Dec 20023772,44126.914.85$21,993
Nov 200202,43424.664.14$10,069
Oct 20021792,31826.464.23$14,539
Sep 20025362,53727.443.64$23,930
Aug 200202,81125.963.16$8,894
Jul 20023562,47524.583.06$16,328
Jun 20021781,97123.733.34$10,804
May 20023621,86624.663.58$15,615
Apr 20023592,77823.653.51$18,248
Mar 20021802,93422.003.10$13,063
Feb 20021762,25818.222.38$8,571
Jan 20022933,05017.172.38$12,277
Dec 20011752,59816.932.36$9,105
Nov 20011833,53118.072.41$11,801
Oct 20013512,82919.782.53$14,097
Sep 20011732,78324.262.25$10,462
Aug 20013443,31524.873.05$18,677
Jul 20013523,77723.933.20$20,499
Jun 20011762,74224.563.82$14,808
May 20011773,21625.524.31$18,369
Apr 20017104,08724.685.34$39,328
Mar 20013573,00424.545.38$24,912
Feb 20013513,21527.755.77$28,281
Jan 20013513,83527.478.40$41,851
Dec 20003504,07026.889.12$46,537
Nov 20005383,41932.215.66$36,674
Oct 20001783,29731.235.15$22,524
Sep 20005304,06531.875.19$37,974
Aug 20003443,59929.644.54$26,538
Jul 20003514,24928.534.09$27,391
Jun 20003453,63529.304.40$26,093
May 20001734,07127.263.68$19,696
Apr 20008744,02924.513.12$33,976
Mar 20001784,49928.422.86$17,925
Feb 20003583,86227.622.73$20,418
Jan 20003524,19525.272.48$19,301
Dec 19993514,49124.282.42$19,407
Nov 1999361023.192.43$8,372
Oct 1999357020.982.80$7,490
Sep 1999353021.752.62$7,678
Aug 1999695019.262.88$13,386
Jul 1999352017.892.37$6,297
Jun 1999691015.942.36$11,015
May 1999357015.792.32$5,637
Apr 19995275,83215.102.21$20,835
Mar 19993594,26212.471.84$12,312
Feb 19991803,3789.981.82$7,937
Jan 19997195,39910.381.90$17,721
Dec 19983605,4069.201.77$12,899
Nov 19985395,09110.892.19$16,997
Oct 19983555,39012.421.97$15,023
Sep 19985315,28212.592.08$17,686
Aug 19985385,65811.301.91$16,871
Jul 19980011.742.24$0
Jun 19983614,55311.242.24$14,244
May 19985683,93012.622.21$15,839
Apr 19987123,78813.042.51$18,775
Mar 19983664,48512.802.31$15,043
Feb 19987295,72913.952.30$23,341
Jan 19987286,62514.702.15$24,977
Dec 19977306,81916.322.41$28,355
Nov 19977255,73618.193.09$30,902
Oct 19977325,73019.253.15$32,139
Sep 19975186,63917.742.95$28,807
Aug 19977049,05417.862.55$35,704
Jul 19977125,16317.582.25$24,118
Jun 19975386,21517.242.26$23,304
May 19977166,47418.972.31$28,528
Apr 19977196,26117.882.08$25,896
Mar 19978777,32918.951.94$30,831
Feb 19979107,07320.492.21$34,248
Jan 19971,0858,25723.483.54$54,703
Dec 19961,28712,50723.32$30,013
Nov 19961,8097,52121.97$39,744
Oct 19967162,79223.31$16,690
Sep 199602,60622.22$0
Aug 19961,09010,44420.26$22,083
Jul 19961,4499,16019.55$28,328
Jun 19961,0717,22218.73$20,060
May 19961,0848,40519.43$21,062
Apr 19967423,93121.51$15,960
Mar 19969255,08719.38$17,927
Feb 19967239,12816.98$12,277
Jan 19961,2918,62317.07$22,037
Dec 19951,6419,50617.19$28,209
Nov 19951,6489,24216.00$26,368
Oct 19951,1029,05715.43$17,004
Sep 19951,6316,88016.18$26,390
Aug 19951,2887,24015.92$20,505
Jul 19951,0965,27015.24$16,703
Jun 19957483,46116.41$12,275
May 19951,846017.56$32,416
Apr 19951,4909,21717.73$26,418
Mar 19952,06510,10316.44$33,949
Feb 19951,8258,00716.58$30,259
Jan 19952,37511,07915.92$37,810
Dec 19942,50212,75915.03$37,605
Nov 19942,87914,17415.90$45,776
Oct 19943,46915,26015.58$54,047
Sep 19944,49318,46115.29$68,698
Aug 19945,81119,71516.13$93,731
Jul 19948,59924,62217.56$150,998
Jun 199414,76921,68917.09$252,402

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                    0 bbl  × $106.41 =         $0
Casinghead gas       724 Mcf  × $  3.05 =     $2,205

────────────────────────────────────────────────────
Month total                                   $2,205

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/22442 is the state's own key, not one this site invented.