TATE 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 22486District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$9.1 M
Aug 1994 – May 2026
Value, last 12 filed months
$83 k
at the published price for each month
Months reported
382
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
OilDisposition158,168 bbl$5,575,399
Casinghead gasProduction1,686,600 Mcf$3,525,992
Total$9,101,390

780,214 Mcf of this lease's gas, across 29 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 30.1462, -97.0127. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.14616, -97.01266 · 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
10,613 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 10,613 ft.

Completions filed
Aug 1994
1 of 1 wells

1 well

42-28732436110,613 ftAug 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 (382)

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

382 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026182063.503.75$11,557
Jan 20260159.138.00$8
Dec 20250056.664.41$0
Nov 20250158.593.93$4
Oct 20250059.383.30$0
Sep 202502462.743.08$74
Aug 20251773,78463.933.01$22,723
Jul 20255423,39066.743.32$47,412
Jun 2025042266.483.13$1,320
May 20250060.553.23$0
Apr 20250462.363.54$14
Mar 20251067.704.27$68
Feb 20250070.884.34$0
Jan 2025180074.324.28$13,378
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240471.372.28$9
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202419266378.082.63$16,738
May 20241891,72278.812.20$18,681
Apr 20240084.451.66$0
Mar 2024072080.301.55$1,112
Feb 20241761,38276.091.78$15,857
Jan 202401,08573.023.30$3,578
Dec 202317576371.262.61$14,462
Nov 20230077.892.81$0
Oct 20230585.443.09$15
Sep 20231781,11989.042.74$18,910
Aug 202317458680.522.67$15,577
Jul 202301,69774.852.64$4,483
Jun 20231891,12468.962.26$15,572
May 20231752670.622.23$12,416
Apr 20230078.122.24$0
Mar 20230572.852.39$12
Feb 2023062875.112.47$1,548
Jan 20231711,28776.533.39$17,447
Dec 20221701,16276.415.73$19,647
Nov 20221811,61685.005.65$24,509
Oct 2022038687.185.86$2,263
Sep 2022038284.888.16$3,119
Aug 20221771,14594.529.13$27,181
Jul 20221711,097101.587.54$25,644
Jun 20220588115.097.98$4,691
May 20220322109.378.43$2,715
Apr 20221761,455104.226.84$28,291
Mar 20221811,540108.885.08$27,525
Feb 20221851,43391.054.86$23,807
Jan 202201,52681.844.54$6,925
Dec 20212001,59771.323.90$20,491
Nov 20211821,62777.435.24$22,613
Oct 202101,39979.795.71$7,994
Sep 20211671,54669.865.35$19,939
Aug 20211751,59466.024.22$18,281
Jul 202101,39370.783.98$5,547
Jun 20211781,49569.493.38$17,423
May 20211811,88763.483.02$17,184
Apr 202101,05860.362.76$2,918
Mar 20211911,69561.302.72$16,314
Feb 20211911,27457.805.55$18,108
Jan 20211861,62450.412.81$13,940
Dec 202001,61444.642.68$4,318
Nov 20201891,60938.772.71$11,682
Oct 20201851,67236.972.48$10,983
Sep 20201921,66537.091.99$10,436
Aug 202001,69139.982.39$4,033
Jul 20201851,50938.371.83$9,853
Jun 20201861,58534.901.69$9,171
May 20201781,72416.921.81$6,140
Apr 202001,71514.751.80$3,095
Mar 20201861,66130.341.86$8,726
Feb 20201851,63449.881.98$12,464
Jan 20201831,78957.252.09$14,224
Dec 20191911,74659.012.30$15,294
Nov 201901,61055.302.75$4,429
Oct 20191881,75853.472.42$14,304
Sep 20191891,50455.052.66$14,401
Aug 20191791,74653.112.30$13,530
Jul 20191841,83356.272.46$14,863
Jun 20191871,90552.782.49$14,616
May 20191831,43858.482.74$14,642
Apr 201901,78562.632.75$4,910
Mar 20191831,87556.803.06$16,136
Feb 20191801,65950.852.79$13,785
Jan 20191851,97446.033.23$14,888
Dec 20181851,85646.594.19$16,387
Nov 20181871,82552.934.24$17,631
Oct 20181861,89061.443.40$17,850
Sep 20181831,75259.543.11$16,341
Aug 20181821,91359.403.07$16,677
Jul 20181831,81265.142.93$17,233
Jun 20181811,88560.183.08$16,693
May 20181762,02265.382.90$17,372
Apr 20183701,76963.842.90$28,752
Mar 201801,76561.222.79$4,919
Feb 20183731,71361.782.77$27,782
Jan 20181892,23562.874.01$20,843
Dec 20171901,84357.272.92$16,266
Nov 20171881,73655.423.12$15,832
Oct 20173812,27149.292.98$25,555
Sep 20171931,74647.523.09$14,562
Aug 20171921,78045.373.00$14,059
Jul 20173812,36143.873.09$24,004
Jun 20171882,20142.493.09$14,783
May 20171932,32845.373.26$16,354
Apr 20173762,30247.933.21$25,415
Mar 20171862,36346.772.98$15,750
Feb 20173852,17850.452.95$25,854
Jan 20171832,39549.413.42$17,230
Dec 20163712,47048.763.72$27,285
Nov 20161872,45742.492.64$14,443
Oct 20163802,56646.193.09$25,482
Sep 20161882,51841.553.10$15,619
Aug 20163652,65541.442.92$22,890
Jul 20161872,72241.622.92$15,743
Jun 20163702,74145.352.69$24,141
May 20163783,06442.521.99$22,173
Apr 20163733,47236.561.99$20,550
Mar 2016086233.011.79$1,546
Feb 20163892,68026.472.06$15,827
Jan 20163662,96527.352.36$17,020
Dec 20153821,64332.362.00$15,650
Nov 20151833,01838.792.17$13,640
Oct 20153783,00443.552.43$23,751
Sep 20153773,15542.992.76$24,910
Aug 20153733,35540.162.87$24,617
Jul 20155723,94448.152.95$39,157
Jun 20153833,79656.152.88$32,449
May 201519463255.212.96$12,579
Apr 20153713,44649.822.71$27,810
Mar 20155623,68342.892.93$34,913
Feb 20153753,33444.662.98$26,670
Jan 20153684,03043.433.10$28,478
Dec 20145714,16454.693.59$46,182
Nov 20145644,11470.464.25$57,232
Oct 20143844,38478.303.90$47,169
Sep 20145594,72086.164.05$67,258
Aug 20145544,53289.394.04$67,809
Jul 20147525,46696.564.18$95,459
Jun 20147556,53398.164.74$105,057
May 20141,1356,32094.734.73$137,390
Apr 20147642,06595.944.81$83,229
Mar 20147804,30895.895.06$96,579
Feb 20147765,15297.406.19$107,484
Jan 20141,0864,91390.404.86$122,055
Dec 20131,3337,99291.824.35$157,197
Nov 20132,0849,91288.853.74$222,217
Oct 20131,5315,78097.423.78$170,995
Sep 20131,5064,166104.113.72$172,278
Aug 20133,0439,807104.253.52$351,779
Jul 20131,5161,563102.523.72$161,231
Jun 2013104094.403.93$9,818
May 20130094.834.15$0
Apr 2013079593.964.28$3,405
Mar 20131861,66993.623.91$23,944
Feb 201301,08191.233.42$3,697
Jan 201318694991.603.42$20,283
Dec 2012069086.773.42$2,360
Nov 2012084786.953.62$3,070
Oct 201201,33889.383.40$4,549
Sep 20121891,33494.672.92$21,786
Aug 201201,36192.662.91$3,958
Jul 20121921,37785.133.02$20,505
Jun 201201,33779.822.52$3,368
May 201201,38491.612.49$3,444
Apr 201201,380101.652.00$2,756
Mar 20122001,277105.052.22$23,848
Feb 201201,428101.102.57$3,670
Jan 20121971,62298.092.73$23,758
Dec 201101,04996.873.24$3,398
Nov 2011092095.723.31$3,046
Oct 201118788884.983.65$19,131
Sep 201101,26483.623.99$5,038
Aug 201101,49283.404.15$6,191
Jul 20111861,73194.144.52$25,329
Jun 201101,37192.904.64$6,361
May 201118799898.134.40$22,746
Apr 201101,414105.964.33$6,127
Mar 2011076196.364.06$3,088
Feb 201118065185.644.18$18,136
Jan 201101,10886.504.59$5,084
Dec 201001,49285.734.35$6,487
Nov 20101901,41980.843.80$20,745
Oct 201001,47178.103.51$5,162
Sep 201001,50072.633.98$5,969
Aug 20101831,69873.684.42$20,988
Jul 201001,78372.554.74$8,445
Jun 201018385770.364.91$17,084
May 201001,76971.124.24$7,492
Apr 201001,35981.694.12$5,603
Mar 20101881,67078.394.39$22,066
Feb 201001,54673.585.44$8,414
Jan 20101911,12174.365.96$20,889
Dec 200901,63071.445.48$8,939
Nov 20091851,75874.593.75$20,394
Oct 200901,93772.544.11$7,962
Sep 200901,42865.543.06$4,376
Aug 200919095267.423.22$15,874
Jul 200901,69061.133.46$5,855
Jun 200901,78466.163.90$6,949
May 20091881,56554.743.93$16,435
Apr 200901,90646.773.59$6,838
Mar 200901,28342.144.06$5,208
Feb 20091921,59532.814.63$13,689
Jan 200901,69635.865.37$9,109
Dec 200801,24137.105.98$7,418
Nov 20081951,66655.496.86$22,250
Oct 2008072675.246.92$5,025
Sep 20080556101.767.88$4,380
Aug 20081941,355114.228.48$33,653
Jul 200801,764131.0811.39$20,091
Jun 20081921,874131.3313.03$49,639
May 200802,047123.1711.57$23,693
Apr 20081941,566110.3110.45$37,772
Mar 200801,375101.909.66$13,288
Feb 200801,61492.538.77$14,156
Jan 20081961,75390.388.21$32,099
Dec 200701,80488.337.30$13,173
Nov 20071801,80991.677.29$29,691
Oct 200701,92182.856.92$13,297
Sep 20071931,90875.846.24$26,551
Aug 200702,10169.066.39$13,421
Jul 20071902,44070.906.39$29,058
Jun 20071881,11062.007.55$20,035
May 200701,64258.747.85$12,884
Apr 20071891,92659.617.81$26,299
Mar 20071962,10656.927.30$26,534
Feb 20071931,78255.108.22$25,275
Jan 20071882,12350.306.73$23,738
Dec 200602,54356.656.92$17,594
Nov 200601,79954.207.62$13,704
Oct 20061841,00054.906.01$16,115
Sep 20061822,01160.085.04$21,064
Aug 200602,03968.717.34$14,966
Jul 200602,14469.376.34$13,599
Jun 20061862,08466.286.38$25,632
May 200602,12266.016.42$13,634
Apr 20061702,16364.397.36$26,867
Mar 200612,24056.707.08$15,922
Feb 20061891,94457.597.75$25,953
Jan 20061812,19260.598.93$30,549
Dec 20051862,32054.9413.42$41,343
Nov 200501,18954.6910.59$12,590
Oct 20051861,94058.3413.80$37,615
Sep 200502,24561.4512.08$27,117
Aug 20051781,25761.519.80$23,263
Jul 200502,17055.697.84$17,021
Jun 20051572,14852.337.38$24,070
May 20051792,31345.226.65$23,479
Apr 200512,45149.207.36$18,090
Mar 20051862,69350.377.15$28,637
Feb 20051841,63545.226.31$18,640
Jan 200502,54943.166.32$16,115
Dec 20041862,25139.866.75$22,611
Nov 20041582,00845.286.33$19,866
Oct 200402,33049.706.52$15,180
Sep 20041341,94443.245.28$16,066
Aug 20041802,29942.375.55$20,388
Jul 20041792,40338.286.08$21,472
Jun 200402,34636.106.43$15,092
May 20041832,55537.486.49$23,452
Apr 20041802,53034.475.86$21,027
Mar 20041832,39834.365.53$19,549
Feb 20041812,45932.455.51$19,422
Jan 20041793,10532.036.30$25,294
Dec 200312,18330.266.30$13,787
Nov 20031762,70028.804.60$17,476
Oct 20031852,77728.174.76$18,429
Sep 20031782,71326.314.75$17,568
Aug 20031842,96929.765.13$20,706
Jul 20031762,99429.415.17$20,658
Jun 20031802,76728.565.98$21,696
May 20031813,22326.595.97$24,063
Apr 20031832,87726.675.41$20,437
Mar 20031903,06931.146.10$24,625
Feb 20031813,04433.487.93$30,186
Jan 20031852,64530.315.58$20,372
Dec 200203,82926.914.85$18,585
Nov 20023562,43024.664.14$18,832
Oct 200203,19826.464.23$13,525
Sep 20023412,99427.443.64$20,241
Aug 20021742,90425.963.16$13,706
Jul 20021773,18224.583.06$14,093
Jun 20021782,66323.733.34$13,114
May 20021803,25224.663.58$16,094
Apr 20023523,16023.653.51$19,424
Mar 200203,10022.003.10$9,618
Feb 20023622,89918.222.38$13,483
Jan 200202,86017.172.38$6,794
Dec 20013613,31816.932.36$13,957
Nov 20011782,50618.072.41$9,245
Oct 20011773,48919.782.53$12,324
Sep 20011774,30524.262.25$13,986
Aug 20013463,62924.873.05$19,685
Jul 200103,52323.933.20$11,263
Jun 20011753,54624.563.82$17,858
May 20011733,77625.524.31$20,679
Apr 20015343,76424.685.34$33,261
Mar 20013493,85324.545.38$29,280
Feb 200103,80827.755.77$21,961
Jan 20011804,00427.478.40$38,573
Dec 20001803,91526.889.12$40,553
Nov 20001794,08832.215.66$28,895
Oct 20001773,86131.235.15$25,394
Sep 20003483,90731.875.19$31,354
Aug 20003524,21029.644.54$29,550
Jul 200004,12828.534.09$16,882
Jun 200004,20229.304.40$18,477
May 200004,01927.263.68$14,789
Apr 20003464,01024.513.12$20,976
Mar 200004,14028.422.86$11,839
Feb 20001754,04427.622.73$15,859
Jan 20003604,60725.272.48$20,525
Dec 199904,68324.282.42$11,350
Nov 19993475,09623.192.43$20,451
Oct 199903,18820.982.80$8,938
Sep 19993573,69121.752.62$17,431
Aug 19993434,08919.262.88$18,365
Jul 199904,22217.892.37$10,016
Jun 199904,10715.942.36$9,701
May 19993465,07815.792.32$17,249
Apr 19991784,84715.102.21$13,390
Mar 199905,54812.471.84$10,199
Feb 19991805,4869.981.82$11,769
Jan 19993556,18810.381.90$15,442
Dec 19982866,2539.201.77$13,720
Nov 19981806,46310.892.19$16,087
Oct 19983587,42312.421.97$19,064
Sep 19985248,35812.592.08$24,004
Aug 19981764,44011.301.91$10,457
Jul 19981775,45911.742.24$14,291
Jun 19985286,85711.242.24$21,276
May 19983537,30512.622.21$20,572
Apr 19983517,25213.042.51$22,746
Mar 19983637,67412.802.31$22,369
Feb 19983556,76813.952.30$20,513
Jan 19983688,14814.702.15$22,967
Dec 19973618,03716.322.41$25,270
Nov 19975347,88118.193.09$34,052
Oct 19973657,81319.253.15$31,636
Sep 19973548,44017.742.95$31,219
Aug 19971899,44017.862.55$27,492
Jul 199789310,03117.582.25$38,238
Jun 199736410,26217.242.26$29,439
May 199771612,89018.972.31$43,339
Apr 19971826,97217.882.08$17,775
Mar 19971808,26018.951.94$19,428
Feb 19975429,96720.492.21$33,092
Jan 199755312,20523.483.54$56,186
Dec 199655413,71023.32$12,919
Nov 19963658,29321.97$8,019
Oct 199654013,20823.31$12,587
Sep 19963667,38922.22$8,133
Aug 199672313,25620.26$14,648
Jul 199670911,63219.55$13,861
Jun 199690912,39618.73$17,026
May 199654613,34519.43$10,609
Apr 199673113,32821.51$15,724
Mar 19961,13414,66719.38$21,977
Feb 199654413,93016.98$9,237
Jan 19961,11315,77117.07$18,999
Dec 19951,11017,46817.19$19,081
Nov 19951,44317,88516.00$23,088
Oct 19951,29919,31915.43$20,044
Sep 19951,46419,16916.18$23,688
Aug 19951,28921,12315.92$20,521
Jul 19951,87623,12215.24$28,590
Jun 19951,82321,94416.41$29,915
May 19951,82625,10217.56$32,065
Apr 19952,59326,48117.73$45,974
Mar 19952,76630,68316.44$45,473
Feb 19953,35133,37416.58$55,560
Jan 19954,58341,64215.92$72,961
Dec 19945,41949,36015.03$81,448
Nov 19947,17961,44015.90$114,146
Oct 199411,39775,15315.58$177,565
Sep 199416,42688,20315.29$251,154
Aug 199411,27357,82116.13$181,833

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.

Feb 2026 — as filed, then multipliedworked
Oil                  182 bbl  × $ 63.50 =    $11,557
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                  $11,557

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/22486 is the state's own key, not one this site invented.