WOOD 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 22469District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$937 k
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
OilDisposition20,544 bbl$605,838
Casinghead gasProduction226,010 Mcf$331,408
Total$937,246

128,483 Mcf of this lease's gas, across 34 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 29.9203, -96.8172. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.92027, -96.81723 · 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
14,305 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 14,305 ft.

Completions filed
Mar 1994
1 of 1 wells

1 well

42-14931367114,305 ftMar 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 2016123042.492.64$5,226
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016020641.442.92$602
Jul 2016021641.622.92$632
Jun 201617617845.352.69$8,460
May 2016017142.521.99$340
Apr 2016022736.561.99$452
Mar 2016024533.011.79$440
Feb 2016022826.472.06$471
Jan 2016025127.352.36$593
Dec 2015023432.362.00$468
Nov 2015024638.792.17$533
Oct 201517730143.552.43$8,439
Sep 2015028242.992.76$778
Aug 2015028840.162.87$827
Jul 201506748.152.95$197
Jun 2015017656.152.88$507
May 2015010955.212.96$322
Apr 201519411349.822.71$9,971
Mar 2015010642.892.93$311
Feb 2015010144.662.98$301
Jan 201509843.433.10$304
Dec 2014013054.693.59$467
Nov 2014015670.464.25$663
Oct 2014026678.303.90$1,038
Sep 201418924186.164.05$17,259
Aug 2014022389.394.04$900
Jul 2014029296.564.18$1,220
Jun 2014031998.164.74$1,511
May 2014037894.734.73$1,787
Apr 201419241595.944.81$20,416
Mar 2014046395.895.06$2,341
Feb 2014041097.406.19$2,539
Jan 2014046290.404.86$2,246
Dec 2013046591.824.35$2,025
Nov 2013048788.853.74$1,821
Oct 2013050797.423.78$1,916
Sep 20130509104.113.72$1,892
Aug 2013178536104.253.52$20,445
Jul 20130550102.523.72$2,045
Jun 2013057194.403.93$2,246
May 2013075894.834.15$3,145
Apr 2013034293.964.28$1,465
Mar 201317642193.623.91$18,124
Feb 2013054191.233.42$1,850
Jan 2013061791.603.42$2,110
Dec 2012062286.773.42$2,127
Nov 2012161286.953.62$2,305
Oct 201218463989.383.40$18,618
Sep 2012162194.672.92$1,907
Aug 2012166192.662.91$2,015
Jul 2012165385.133.02$2,058
Jun 2012171679.822.52$1,883
May 201217977091.612.49$18,314
Apr 20121810101.652.00$1,719
Mar 20121952105.052.22$2,220
Feb 20121841,046101.102.57$21,291
Jan 2012197898.092.73$2,772
Dec 201118148596.873.24$19,105
Nov 2011153295.723.31$1,857
Oct 2011041784.983.65$1,521
Sep 2011042983.623.99$1,710
Aug 2011132083.404.15$1,411
Jul 2011062294.144.52$2,810
Jun 2011154392.904.64$2,612
May 201115947498.134.40$17,691
Apr 20111658105.964.33$2,957
Mar 2011178396.364.06$3,273
Feb 201118368085.644.18$18,515
Jan 2011078186.504.59$3,584
Dec 2010176585.734.35$3,412
Nov 2010198880.843.80$3,831
Oct 2010159578.103.51$2,166
Sep 201018594372.633.98$17,189
Aug 20101841,60673.684.42$20,655
Jul 2010179072.554.74$3,814
Jun 20101870.364.91$110
May 201008971.124.24$377
Apr 2010084081.694.12$3,463
Mar 201004678.394.39$202
Feb 2010153073.585.44$2,958
Jan 201017638774.365.96$15,395
Dec 2009345871.445.48$2,726
Nov 2009363474.593.75$2,602
Oct 20091851,29272.544.11$18,730
Sep 200971,70565.543.06$5,684
Aug 20093681,82267.423.22$30,675
Jul 200921,07461.133.46$3,843
Jun 2009177466.163.90$3,081
May 200918688354.743.93$13,648
Apr 2009181446.773.59$2,967
Mar 200918688642.144.06$11,434
Feb 2009083232.814.63$3,855
Jan 200917473835.865.37$10,203
Dec 2008154137.105.98$3,271
Nov 2008070055.496.86$4,802
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 200460145.286.33$2,723
Oct 20040049.706.52$0
Sep 20043243.245.28$140
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040536.106.43$32
May 20040037.486.49$0
Apr 20041594534.475.86$5,744
Mar 20040034.365.53$0
Feb 20040232.455.51$11
Jan 20040732.036.30$44
Dec 200301430.266.30$88
Nov 200301728.804.60$78
Oct 200306528.174.76$309
Sep 20031761126.314.75$4,683
Aug 2003011829.765.13$605
Jul 2003051429.415.17$2,658
Jun 200316130028.565.98$6,393
May 2003033226.595.97$1,983
Apr 2003026326.675.41$1,422
Mar 2003028431.146.10$1,731
Feb 2003029333.487.93$2,322
Jan 200317866230.315.58$9,090
Dec 2002027326.914.85$1,325
Nov 2002028524.664.14$1,179
Oct 2002031226.464.23$1,319
Sep 200218829327.443.64$6,224
Aug 2002026525.963.16$839
Jul 2002022624.583.06$692
Jun 2002029923.733.34$998
May 2002018724.663.58$670
Apr 2002019723.653.51$692
Mar 200217728822.003.10$4,788
Feb 2002029018.222.38$689
Jan 2002024917.172.38$592
Dec 2001021716.932.36$513
Nov 200117928218.072.41$3,913
Oct 2001026919.782.53$680
Sep 2001023224.262.25$522
Aug 200117835124.873.05$5,499
Jul 2001019723.933.20$630
Jun 2001037424.563.82$1,430
May 200117939625.524.31$6,274
Apr 2001035624.685.34$1,899
Mar 2001030924.545.38$1,661
Feb 2001361027.755.77$10,018
Jan 2001024527.478.40$2,058
Dec 2000036626.889.12$3,339
Nov 2000028832.215.66$1,630
Oct 2000040831.235.15$2,099
Sep 200034743631.875.19$13,320
Aug 2000075629.644.54$3,433
Jul 2000047828.534.09$1,955
Jun 2000055229.304.40$2,427
May 200036236027.263.68$11,193
Apr 2000044924.513.12$1,399
Mar 2000053428.422.86$1,527
Feb 2000034827.622.73$949
Jan 2000034525.272.48$856
Dec 199936139624.282.42$9,725
Nov 1999040323.192.43$981
Oct 1999067720.982.80$1,898
Sep 1999067521.752.62$1,768
Aug 199917869119.262.88$5,415
Jul 1999071517.892.37$1,696
Jun 1999072915.942.36$1,722
May 1999077515.792.32$1,799
Apr 1999072415.102.21$1,599
Mar 199936074112.471.84$5,851
Feb 199906749.981.82$1,225
Jan 1999075910.381.90$1,442
Dec 199808039.201.77$1,424
Nov 1998094610.892.19$2,068
Oct 199817291712.421.97$3,942
Sep 1998095612.592.08$1,991
Aug 199817894111.301.91$3,806
Jul 1998092711.742.24$2,074
Jun 1998087711.242.24$1,962
May 19981811,02612.622.21$4,548
Apr 1998092113.042.51$2,307
Mar 199835999812.802.31$6,900
Feb 199801,01313.952.30$2,329
Jan 199801,00014.702.15$2,155
Dec 199701,00916.322.41$2,433
Nov 199736199818.193.09$9,649
Oct 199701,10219.253.15$3,471
Sep 1997094117.742.95$2,781
Aug 1997077117.862.55$1,970
Jul 19971851,10317.582.25$5,731
Jun 199701,15717.242.26$2,612
May 199701,14918.972.31$2,652
Apr 19971831,23117.882.08$5,836
Mar 19971771,32918.951.94$5,931
Feb 199701,21120.492.21$2,671
Jan 19971871,14923.483.54$8,458
Dec 199601,15623.32$0
Nov 199601,13821.97$0
Oct 19961791,39623.31$4,172
Sep 199601,45822.22$0
Aug 19961821,29720.26$3,687
Jul 19961841,40019.55$3,597
Jun 199601,65118.73$0
May 19961801,73819.43$3,497
Apr 19963581,66921.51$7,701
Mar 199601,64819.38$0
Feb 19961861,76816.98$3,158
Jan 19961901,76417.07$3,243
Dec 19953612,04917.19$6,206
Nov 199502,11916.00$0
Oct 19951912,61415.43$2,947
Sep 19951822,74116.18$2,945
Aug 19953762,16615.92$5,986
Jul 19953592,83415.24$5,471
Jun 199503,01316.41$0
May 19953823,10217.56$6,708
Apr 19955503,72117.73$9,752
Mar 199503,97116.44$0
Feb 19953833,49216.58$6,350
Jan 19953583,82815.92$5,699
Dec 19945454,11415.03$8,191
Nov 19943654,22615.90$5,804
Oct 19945495,00915.58$8,553
Sep 19945505,83315.29$8,410
Aug 19945446,56316.13$8,775
Jul 19947127,33617.56$12,503
Jun 19945407,44217.09$9,229
May 19945568,03315.88$8,829
Apr 19941,09012,76314.14$15,413
Mar 199474613,43112.46$9,295

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.

Nov 2016 — as filed, then multipliedworked
Oil                  123 bbl  × $ 42.49 =     $5,226
Casinghead gas         0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                   $5,226

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/22469 is the state's own key, not one this site invented.