BARNES

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 22574District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$10.5 M
Nov 1994 – May 2026
Value, last 12 filed months
$212 k
at the published price for each month
Months reported
379
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
OilDisposition306,092 bbl$7,811,692
Casinghead gasProduction1,314,841 Mcf$2,696,059
Total$10,507,752

637,167 Mcf of this lease's gas, across 26 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 30.1056, -96.7843. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.10562, -96.78425 · 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
13,170 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 13,170 ft.

Completions filed
Nov 1994
1 of 1 wells

1 well

42-14932924113,170 ftNov 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 (379)

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

379 months

May 2026013106.413.05$40
Apr 202605598.932.87$158
Mar 2026013989.753.15$438
Feb 2026026163.503.75$979
Jan 2026038759.138.00$3,095
Dec 20255602,35156.664.41$42,105
Nov 20255522,81058.593.93$43,375
Oct 20253722,78159.383.30$31,280
Sep 20259402,93162.743.08$67,994
Aug 202518338263.933.01$12,851
Jul 202505066.743.32$166
Jun 20251445966.483.13$9,758
May 202502860.553.23$91
Apr 202507562.363.54$266
Mar 202511667.704.27$136
Feb 20251881,03770.884.34$17,827
Jan 20255852,56574.324.28$54,452
Dec 20241,3383,96368.993.12$104,679
Nov 202457393369.052.20$41,617
Oct 202404671.372.28$105
Sep 2024013669.612.36$322
Aug 202403575.632.06$72
Jul 202417512379.932.15$14,252
Jun 2024047078.082.63$1,238
May 202418982778.812.20$16,713
Apr 202437881684.451.66$33,276
Mar 202419290180.301.55$16,810
Feb 202438986576.091.78$31,142
Jan 202437466373.023.30$29,496
Dec 2023227171.262.61$850
Nov 2023026177.892.81$733
Oct 202319853385.443.09$18,563
Sep 202319357389.042.74$18,752
Aug 202337751080.522.67$31,719
Jul 202319029674.852.64$15,003
Jun 202338844768.962.26$27,766
May 202338330270.622.23$27,720
Apr 2023025378.122.24$566
Mar 20231909972.852.39$14,078
Feb 202319518975.112.47$15,112
Jan 202318921076.533.39$15,176
Dec 2022017076.415.73$974
Nov 2022031685.005.65$1,784
Oct 2022033387.185.86$1,953
Sep 202205584.888.16$449
Aug 202207694.529.13$694
Jul 20220156101.587.54$1,177
Jun 20220171115.097.98$1,364
May 20220293109.378.43$2,471
Apr 2022193482104.226.84$23,410
Mar 2022382529108.885.08$44,278
Feb 202219854391.054.86$20,666
Jan 202219065981.844.54$18,540
Dec 202119056171.323.90$15,738
Nov 2021058777.435.24$3,074
Oct 202101,17479.795.71$6,708
Sep 2021064869.865.35$3,467
Aug 2021013366.024.22$561
Jul 2021041670.783.98$1,657
Jun 202119044169.493.38$14,694
May 2021046263.483.02$1,394
Apr 2021029360.362.76$808
Mar 2021035961.302.72$975
Feb 202118051457.805.55$13,256
Jan 2021051850.412.81$1,456
Dec 202016455844.642.68$8,814
Nov 2020061338.772.71$1,659
Oct 202016962536.972.48$7,797
Sep 202018048237.091.99$7,636
Aug 2020057439.982.39$1,369
Jul 202019065338.371.83$8,482
Jun 2020042234.901.69$713
May 202019165316.921.81$4,417
Apr 2020055514.751.80$1,001
Mar 202017936630.341.86$6,110
Feb 2020050249.881.98$994
Jan 202017571457.252.09$11,514
Dec 2019057459.012.30$1,323
Nov 201919257055.302.75$12,186
Oct 2019041053.472.42$992
Sep 2019049955.052.66$1,326
Aug 201916851153.112.30$10,100
Jul 201917758156.272.46$11,389
Jun 2019051052.782.49$1,271
May 2019050558.482.74$1,384
Apr 2019049662.632.75$1,364
Mar 201919065156.803.06$12,785
Feb 2019060050.852.79$1,675
Jan 201917572246.033.23$10,386
Dec 201818165446.594.19$11,170
Nov 2018082252.934.24$3,483
Oct 201818085661.443.40$13,968
Sep 201817786859.543.11$13,236
Aug 2018071659.403.07$2,196
Jul 201816689065.142.93$13,423
Jun 201817981960.183.08$13,292
May 201818876465.382.90$14,508
Apr 2018055763.842.90$1,616
Mar 2018058961.222.79$1,641
Feb 201819265161.782.77$13,663
Jan 201819557762.874.01$14,573
Dec 2017070857.272.92$2,068
Nov 201719181555.423.12$13,127
Oct 201718876249.292.98$11,540
Sep 2017069147.523.09$2,133
Aug 2017062145.373.00$1,866
Jul 201718573243.873.09$10,376
Jun 2017056742.493.09$1,750
May 201718966445.373.26$10,742
Apr 201718763747.933.21$11,009
Mar 201719272146.772.98$11,131
Feb 2017057950.452.95$1,710
Jan 201719444449.413.42$11,103
Dec 2016041548.763.72$1,545
Nov 201619139442.492.64$9,157
Oct 201618349646.193.09$9,986
Sep 201618867941.553.10$9,917
Aug 201618763241.442.92$9,597
Jul 201619164041.622.92$9,821
Jun 2016069545.352.69$1,867
May 201618961742.521.99$9,265
Apr 2016046436.561.99$924
Mar 2016057733.011.79$1,035
Feb 201619060226.472.06$6,272
Jan 2016065527.352.36$1,549
Dec 201518474932.362.00$7,453
Nov 201519371438.792.17$9,034
Oct 2015060643.552.43$1,471
Sep 201519370942.992.76$10,253
Aug 201518480640.162.87$9,705
Jul 201518589248.152.95$11,535
Jun 201518063556.152.88$11,938
May 2015067455.212.96$1,992
Apr 201519070249.822.71$11,366
Mar 2015058742.892.93$1,723
Feb 2015060344.662.98$1,795
Jan 201518876343.433.10$10,531
Dec 201418983654.693.59$13,339
Nov 201418778970.464.25$16,531
Oct 201418984578.303.90$18,095
Sep 201418775486.164.05$19,162
Aug 2014081089.394.04$3,268
Jul 201417860996.564.18$19,733
Jun 201419280598.164.74$22,660
May 2014087594.734.73$4,136
Apr 201419485695.944.81$22,729
Mar 2014078795.895.06$3,980
Feb 201419281597.406.19$23,747
Jan 201419287690.404.86$21,615
Dec 2013094391.824.35$4,106
Nov 201318087088.853.74$19,245
Oct 201318396397.423.78$21,467
Sep 20130873104.113.72$3,246
Aug 20131931,018104.253.52$23,706
Jul 2013173960102.523.72$21,305
Jun 20131931,10994.403.93$22,581
May 20131921,06294.834.15$22,614
Apr 2013085293.964.28$3,649
Mar 20131901,03493.623.91$21,834
Feb 201319175491.233.42$20,004
Jan 20131951,10691.603.42$21,644
Dec 201217692286.773.42$18,425
Nov 201219290286.953.62$19,964
Oct 201217385489.383.40$18,366
Sep 201217596594.672.92$19,384
Aug 20121701,06692.662.91$18,852
Jul 20121941,11985.133.02$19,896
Jun 20121931,07779.822.52$18,118
May 201219082291.612.49$19,451
Apr 2012186771101.652.00$20,446
Mar 20121871,017105.052.22$21,904
Feb 20121951,092101.102.57$22,521
Jan 20121761,14098.092.73$20,381
Dec 20111901,19096.873.24$22,261
Nov 20111871,09995.723.31$21,539
Oct 201119459784.983.65$18,664
Sep 2011067183.623.99$2,674
Aug 20111921,16483.404.15$20,843
Jul 201119293094.144.52$22,276
Jun 201119191092.904.64$21,966
May 201119490098.134.40$23,002
Apr 2011193788105.964.33$23,865
Mar 2011075296.364.06$3,051
Feb 201119479185.644.18$19,921
Jan 201119682286.504.59$20,726
Dec 201001,03785.734.35$4,509
Nov 201019696680.843.80$19,511
Oct 201019499778.103.51$18,650
Sep 20101921,18072.633.98$18,641
Aug 20101921,22773.684.42$19,569
Jul 201001,12772.554.74$5,338
Jun 20101901,18770.364.91$19,197
May 20101921,44771.124.24$19,783
Apr 201019486681.694.12$19,418
Mar 20101961,67678.394.39$22,720
Feb 20101901,61973.585.44$22,791
Jan 20103941,31074.365.96$37,111
Dec 2009099871.445.48$5,473
Nov 20093861,16374.593.75$33,155
Oct 20091941,48472.544.11$20,172
Sep 200919385465.543.06$15,267
Aug 20091921,28267.423.22$17,071
Jul 20091931,00061.133.46$15,263
Jun 2009070066.163.90$2,727
May 200918896854.743.93$14,091
Apr 20091901,09646.773.59$12,818
Mar 20093831,78342.144.06$23,377
Feb 20093931,86932.814.63$21,553
Jan 20091971,24235.865.37$13,735
Dec 20081961,31737.105.98$15,143
Nov 20081961,37155.496.86$20,282
Oct 20083771,56275.246.92$39,178
Sep 2008174792101.767.88$23,945
Aug 20081941,659114.228.48$36,232
Jul 20083861,632131.0811.39$69,184
Jun 200801,404131.3313.03$18,298
May 20081941,373123.1711.57$39,786
Apr 20083921,793110.3110.45$61,987
Mar 20085882,093101.909.66$80,144
Feb 20081971,22392.538.77$28,955
Jan 20081971,28790.388.21$28,366
Dec 20073951,36588.337.30$44,858
Nov 20071951,55891.677.29$29,236
Oct 20071941,51482.856.92$26,553
Sep 20073791,64475.846.24$39,009
Aug 20071921,87269.066.39$25,218
Jul 20073861,74970.906.39$38,540
Jun 20073821,85162.007.55$37,656
May 20075852,47658.747.85$53,790
Apr 20073951,33959.617.81$33,997
Mar 20071961,20156.927.30$19,926
Feb 20072031,08655.108.22$20,108
Jan 20071981,48150.306.73$19,922
Dec 20063861,81556.656.92$34,424
Nov 20061821,87154.207.62$24,117
Oct 20065282,04354.906.01$41,273
Sep 20065432,57460.085.04$45,589
Aug 20067213,22868.717.34$73,233
Jul 20067282,79769.376.34$68,242
Jun 2006342766.286.38$2,925
May 200618485166.016.42$17,614
Apr 20061861,20064.397.36$20,809
Mar 20061931,23356.707.08$19,676
Feb 200637260457.597.75$26,105
Jan 20061961,78560.598.93$27,822
Dec 20053681,23254.9413.42$36,746
Nov 20053722,05854.6910.59$42,136
Oct 20051821,74658.3413.80$34,705
Sep 2005761261.4512.08$4,815
Aug 20055482,26361.519.80$55,878
Jul 20053661,85855.697.84$34,956
Jun 20053531,39952.337.38$28,799
May 20055422,44045.226.65$40,738
Apr 20051801,64949.207.36$20,993
Mar 200536960750.377.15$22,930
Feb 20053302,70445.226.31$31,990
Jan 20051824,43143.166.32$35,869
Dec 20045692,66139.866.75$40,645
Nov 20041791,77345.286.33$19,329
Oct 20041821,77049.706.52$20,577
Sep 20043421,64543.245.28$23,480
Aug 200418080742.375.55$12,106
Jul 200407038.286.08$426
Jun 20043745,35436.106.43$47,944
May 20041821,25437.486.49$14,966
Apr 20043701,47834.475.86$21,413
Mar 20043682,12834.365.53$24,413
Feb 20043692,37132.455.51$25,037
Jan 200435350432.036.30$14,482
Dec 200311,79630.266.30$11,348
Nov 20033642,31328.804.60$21,112
Oct 20035442,29628.174.76$26,253
Sep 20035493,24226.314.75$29,842
Aug 2003047729.765.13$2,447
Jul 20035431,84429.415.17$25,505
Jun 20035452,48428.565.98$30,427
May 200311,29626.595.97$7,767
Apr 20033722,17226.675.41$21,666
Mar 20037313,84231.146.10$46,184
Feb 20031832,30133.487.93$24,364
Jan 20035155,62930.315.58$47,031
Dec 20021841,88226.914.85$14,086
Nov 20023571,74024.664.14$16,002
Oct 20021801,66826.464.23$11,817
Sep 20025423,29827.443.64$26,861
Aug 20021812,71325.963.16$13,283
Jul 20027144,60124.583.06$31,637
Jun 20023573,02523.733.34$18,570
May 20023592,24524.663.58$16,899
Apr 20023661,27523.653.51$13,134
Mar 20023602,28222.003.10$15,000
Feb 200218185618.222.38$5,331
Jan 20027295,65217.172.38$25,944
Dec 2001043116.932.36$1,019
Nov 20013603,42318.072.41$14,739
Oct 20015474,42419.782.53$22,007
Sep 20013602,74424.262.25$14,911
Aug 20015334,38924.873.05$26,656
Jul 20015384,58123.933.20$27,520
Jun 20013664,65224.563.82$26,779
May 20015504,49125.524.31$33,380
Apr 20015424,36324.685.34$36,655
Mar 20013634,36224.545.38$32,360
Feb 2001732027.755.77$20,313
Jan 20017316,12627.478.40$71,531
Dec 20009147,83126.889.12$96,007
Nov 20005606,95232.215.66$57,372
Oct 20008968,03631.235.15$69,331
Sep 20008917,87431.875.19$69,235
Aug 20001,0746,42429.644.54$61,003
Jul 20001,0707,23128.534.09$60,100
Jun 20007275,93929.304.40$47,416
May 20001771,75227.263.68$11,272
Apr 2000079724.513.12$2,483
Mar 20003602,35628.422.86$16,969
Feb 20005584,19527.622.73$26,850
Jan 20007264,51925.272.48$29,555
Dec 19997255,06824.282.42$29,886
Nov 19995474,48423.192.43$23,599
Oct 19997174,87620.982.80$28,714
Sep 19997155,04521.752.62$28,763
Aug 19991,0725,24119.262.88$35,718
Jul 19997135,14917.892.37$24,971
Jun 19997175,19815.942.36$23,707
May 19991,0715,28215.792.32$29,171
Apr 19997203,17715.102.21$17,887
Mar 19999115,05812.471.84$20,658
Feb 19997334,9259.981.82$16,268
Jan 19999225,43010.381.90$19,887
Dec 19989025,2379.201.77$17,585
Nov 19987355,33110.892.19$19,656
Oct 19989056,45612.421.97$23,953
Sep 19981,0675,69812.592.08$25,300
Aug 19988957,24911.301.91$23,940
Jul 19981,0667,37711.742.24$29,019
Jun 19989025,73111.242.24$22,960
May 19989087,96212.622.21$29,026
Apr 19981,1087,59013.042.51$33,464
Mar 19989048,38612.802.31$30,938
Feb 19981,0907,37913.952.30$32,171
Jan 19981,0889,08014.702.15$35,559
Dec 19971,2438,91216.322.41$41,773
Nov 19971,20210,24618.193.09$53,507
Oct 19971,62311,48419.253.15$67,415
Sep 19971,24811,11917.742.95$54,995
Aug 19971,07111,48117.862.55$48,459
Jul 19971,6047,24617.582.25$44,480
Jun 19971,6117,64917.242.26$45,039
May 19971,4408,03518.972.31$45,866
Apr 19971,8058,37817.882.08$49,723
Mar 19971,9988,73418.951.94$54,799
Feb 19971,6507,17020.492.21$49,625
Jan 19971,8457,15923.483.54$68,661
Dec 19962,73710,12323.32$63,827
Nov 19962,3786,84621.97$52,245
Oct 19961,6505,30723.31$38,462
Sep 19962,1686,27122.22$48,173
Aug 19962,5176,87820.26$50,994
Jul 19962,6886,46019.55$52,550
Jun 19962,5066,39418.73$46,937
May 19962,3448,24619.43$45,544
Apr 19963,6009,75321.51$77,436
Mar 19963,43912,11719.38$66,648
Feb 19963,42313,68016.98$58,123
Jan 19963,27617,40617.07$55,921
Dec 19954,34817,79517.19$74,742
Nov 19953,97619,97716.00$63,616
Oct 19954,32926,46815.43$66,796
Sep 19955,28329,73516.18$85,479
Aug 19956,31235,28015.92$100,487
Jul 19956,78746,99915.24$103,434
Jun 19957,30430,84716.41$119,859
May 19959,17637,96417.56$161,131
Apr 199510,58145,29217.73$187,601
Mar 199514,13757,73716.44$232,412
Feb 199517,91445,91716.58$297,014
Jan 199525,56551,63015.92$406,995
Dec 199434,48259,23215.03$518,264
Nov 199412,04722,81315.90$191,547

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        13 Mcf  × $  3.05 =        $40

────────────────────────────────────────────────────
Month total                                      $40

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/22574 is the state's own key, not one this site invented.