RED HOT 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 22616District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$7.0 M
Dec 1994 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
378
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
OilDisposition142,601 bbl$3,287,979
Casinghead gasProduction1,816,439 Mcf$3,761,199
Total$7,049,178

837,922 Mcf of this lease's gas, across 24 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 29.9390, -96.8880. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.93901, -96.88801 · 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
13,350 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 13,350 ft.

Completions filed
Dec 1994
1 of 1 wells

1 well

42-14932904113,350 ftDec 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 (378)

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

378 months

May 2026186756106.413.05$22,095
Apr 2026077798.932.87$2,230
Mar 2026281989.753.15$2,759
Feb 2026185063.503.75$3,251
Jan 2026277959.138.00$6,349
Dec 2025380956.664.41$3,740
Nov 202519277558.593.93$14,292
Oct 2025296859.383.30$3,318
Sep 2025169862.743.08$2,210
Aug 2025156263.933.01$1,758
Jul 2025185566.743.32$2,901
Jun 2025183066.483.13$2,663
May 2025192560.553.23$3,050
Apr 202519474162.363.54$14,723
Mar 202511,69167.704.27$7,285
Feb 2025049370.884.34$2,140
Jan 20250074.324.28$0
Dec 2024043368.993.12$1,352
Nov 2024182569.052.20$1,883
Oct 2024087171.372.28$1,987
Sep 2024180269.612.36$1,966
Aug 202411,08275.632.06$2,308
Jul 202417956479.932.15$15,518
Jun 2024083278.082.63$2,191
May 202411,26978.812.20$2,869
Apr 2024015584.451.66$257
Mar 2024187280.301.55$1,428
Feb 2024178076.091.78$1,467
Jan 2024086973.023.30$2,866
Dec 202316589871.262.61$14,102
Nov 2023184977.892.81$2,462
Oct 202331,00785.443.09$3,365
Sep 2023075589.042.74$2,065
Aug 2023177580.522.67$2,152
Jul 2023078674.852.64$2,076
Jun 202316881768.962.26$13,430
May 2023083970.622.23$1,869
Apr 2023080878.122.24$1,808
Mar 2023181972.852.39$2,033
Feb 2023077875.112.47$1,918
Jan 2023082776.533.39$2,802
Dec 2022181676.415.73$4,751
Nov 202218882585.005.65$20,638
Oct 2022188187.185.86$5,253
Sep 2022078784.888.16$6,425
Aug 2022091594.529.13$8,351
Jul 20221864101.587.54$6,618
Jun 20220831115.097.98$6,629
May 20220847109.378.43$7,143
Apr 20221837104.226.84$5,827
Mar 2022193884108.885.08$25,501
Feb 2022178491.054.86$3,900
Jan 2022187281.844.54$4,039
Dec 2021089571.323.90$3,490
Nov 2021186477.435.24$4,602
Oct 202118290879.795.71$19,710
Sep 2021092469.865.35$4,944
Aug 2021098266.024.22$4,145
Jul 2021074670.783.98$2,971
Jun 2021083869.493.38$2,833
May 202101,08363.483.02$3,268
Apr 2021056660.362.76$1,561
Mar 2021084061.302.72$2,282
Feb 202118256157.805.55$13,632
Jan 202101,08350.412.81$3,044
Dec 202001,07344.642.68$2,871
Nov 202001,03638.772.71$2,804
Oct 202001,22236.972.48$3,029
Sep 2020099137.091.99$1,973
Aug 20201941,15539.982.39$10,511
Jul 202001,08238.371.83$1,975
Jun 202001,09134.901.69$1,844
May 202001,13516.921.81$2,060
Apr 20201651,06914.751.80$4,363
Mar 202001,16330.341.86$2,159
Feb 202001,03549.881.98$2,050
Jan 202001,19357.252.09$2,499
Dec 20191701,15159.012.30$12,684
Nov 201901,08755.302.75$2,990
Oct 201901,16453.472.42$2,815
Sep 201901,17655.052.66$3,125
Aug 20191721,33253.112.30$12,204
Jul 201901,13456.272.46$2,790
Jun 201901,26852.782.49$3,159
May 201901,23458.482.74$3,382
Apr 20191671,14462.632.75$13,606
Mar 201901,37056.803.06$4,195
Feb 201901,26250.852.79$3,524
Jan 20191821,41146.033.23$12,932
Dec 201801,42246.594.19$5,952
Nov 201801,56652.934.24$6,636
Oct 20181781,05461.443.40$14,518
Sep 201801,25759.543.11$3,907
Aug 201801,32959.403.07$4,075
Jul 20181611,08265.142.93$13,660
Jun 201801,03560.183.08$3,185
May 20181691,28465.382.90$14,774
Apr 201801,18963.842.90$3,449
Mar 201801,27761.222.79$3,559
Feb 201801,08361.782.77$2,996
Jan 20181811,26662.874.01$16,455
Dec 201701,31457.272.92$3,839
Nov 201701,33155.423.12$4,151
Oct 201702,09949.292.98$6,263
Sep 2017013447.523.09$414
Aug 201717996245.373.00$11,011
Jul 201701,30043.873.09$4,013
Jun 201701,23542.493.09$3,813
May 20171891,29245.373.26$12,791
Apr 201701,30047.933.21$4,175
Mar 201701,10846.772.98$3,306
Feb 20171921,37150.452.95$13,734
Jan 201701,24949.413.42$4,270
Dec 201601,44148.763.72$5,365
Nov 201601,28142.492.64$3,387
Oct 20161931,36346.193.09$13,127
Sep 201601,48641.553.10$4,608
Aug 20161871,35641.442.92$11,715
Jul 201601,12341.622.92$3,284
Jun 2016099745.352.69$2,678
May 2016072442.521.99$1,442
Apr 201601,01636.561.99$2,023
Mar 20161891,11033.011.79$8,230
Feb 2016086326.472.06$1,781
Jan 201601,06927.352.36$2,528
Dec 201519294532.362.00$8,104
Nov 201501,05338.792.17$2,282
Oct 201501,37543.552.43$3,337
Sep 201501,34542.992.76$3,710
Aug 20151821,55440.162.87$11,773
Jul 201501,38848.152.95$4,088
Jun 20151871,34756.152.88$14,383
May 201501,46255.212.96$4,321
Apr 201501,38349.822.71$3,743
Mar 201501,46842.892.93$4,308
Feb 20151911,16944.662.98$12,009
Jan 201501,30843.433.10$4,056
Dec 20141901,08054.693.59$14,270
Nov 2014097870.464.25$4,158
Oct 201401,22978.303.90$4,794
Sep 201401,37086.164.05$5,542
Aug 20141871,53089.394.04$22,890
Jul 201401,40596.564.18$5,872
Jun 20141891,44498.164.74$25,392
May 201401,56794.734.73$7,407
Apr 201401,55895.944.81$7,493
Mar 201401,54695.895.06$7,818
Feb 20141951,14697.406.19$26,089
Jan 201401,46290.404.86$7,106
Dec 20131931,33091.824.35$23,513
Nov 201301,54188.853.74$5,761
Oct 201301,40597.423.78$5,310
Sep 20131921,556104.113.72$25,774
Aug 201302,020104.253.52$7,116
Jul 201301,390102.523.72$5,168
Jun 20131901,72094.403.93$24,701
May 201302,20894.834.15$9,161
Apr 201301,04993.964.28$4,492
Mar 20131811,65493.623.91$23,417
Feb 201301,62091.233.42$5,540
Jan 20131941,75991.603.42$23,786
Dec 201201,82886.773.42$6,252
Nov 201201,69586.953.62$6,144
Oct 20121821,68889.383.40$22,006
Sep 201201,80594.672.92$5,268
Aug 201201,75892.662.91$5,113
Jul 20121811,89185.133.02$21,121
Jun 201201,87679.822.52$4,726
May 20121901,96391.612.49$22,290
Apr 201201,800101.652.00$3,594
Mar 20121931,993105.052.22$24,703
Feb 201201,806101.102.57$4,642
Jan 201202,11398.092.73$5,777
Dec 20111852,06796.873.24$24,617
Nov 201101,98995.723.31$6,586
Oct 201102,11784.983.65$7,724
Sep 20111922,07783.623.99$24,334
Aug 201101,79683.404.15$7,452
Jul 20111922,00494.144.52$27,127
Jun 201102,08092.904.64$9,651
May 201101,95298.134.40$8,598
Apr 20111942,067105.964.33$29,513
Mar 201102,11696.364.06$8,585
Feb 201101,88085.644.18$7,858
Jan 20111962,22686.504.59$27,169
Dec 201002,18885.734.35$9,513
Nov 20101942,07680.843.80$23,562
Oct 201002,37978.103.51$8,348
Sep 201002,07572.633.98$8,257
Aug 201002,04873.684.42$9,051
Jul 20101922,39072.554.74$25,250
Jun 201001,87370.364.91$9,197
May 201002,32071.124.24$9,826
Apr 20101951,88781.694.12$23,709
Mar 201002,25778.394.39$9,905
Feb 201001,82073.585.44$9,905
Jan 20101931,77374.365.96$24,926
Dec 200901,49771.445.48$8,209
Nov 200901,74574.593.75$6,546
Oct 200902,03572.544.11$8,364
Sep 20091941,88565.543.06$18,492
Aug 200901,98967.423.22$6,402
Jul 200902,00861.133.46$6,957
Jun 200901,72966.163.90$6,734
May 20091942,00654.743.93$18,495
Apr 200901,88746.773.59$6,770
Mar 200901,98742.144.06$8,065
Feb 200901,64432.814.63$7,617
Jan 20091991,98535.865.37$17,798
Dec 200802,00237.105.98$11,966
Nov 20081961,83755.496.86$23,479
Oct 200802,06975.246.92$14,322
Sep 200801,148101.767.88$9,043
Aug 20081941,888114.228.48$38,175
Jul 200801,955131.0811.39$22,266
Jun 20081931,632131.3313.03$46,616
May 200802,000123.1711.57$23,149
Apr 200801,584110.3110.45$16,561
Mar 20081942,125101.909.66$40,305
Feb 200801,77592.538.77$15,568
Jan 20081982,32690.388.21$36,982
Dec 200702,10188.337.30$15,341
Nov 200701,55291.677.29$11,317
Oct 20071921,44882.856.92$25,930
Sep 200701,54975.846.24$9,672
Aug 200701,56769.066.39$10,010
Jul 200711,55570.906.39$10,004
Jun 20071881,53162.007.55$23,213
May 200701,58858.747.85$12,460
Apr 20071971,81259.617.81$25,886
Mar 200701,81456.927.30$13,246
Feb 20071991,61355.108.22$24,217
Jan 200701,93950.306.73$13,043
Dec 200601,85056.656.92$12,799
Nov 20061882,12454.207.62$26,369
Oct 200601,59854.906.01$9,610
Sep 20061842,24760.085.04$22,373
Aug 200601,77468.717.34$13,021
Jul 200602,05469.376.34$13,028
Jun 200601,64066.286.38$10,470
May 20061842,11166.016.42$25,709
Apr 200602,14564.397.36$15,788
Mar 200602,18756.707.08$15,490
Feb 20061822,43857.597.75$29,379
Jan 20061363,00560.598.93$35,085
Dec 200512,81354.9413.42$37,792
Nov 20051782,72154.6910.59$38,546
Oct 200502,90458.3413.80$40,063
Sep 20051592,81161.4512.08$43,725
Aug 200513,27561.519.80$32,146
Jul 20051582,95155.697.84$31,946
Jun 20051773,36052.337.38$34,063
May 200512,95545.226.65$19,699
Apr 20051842,09349.207.36$24,458
Mar 200513,29150.377.15$23,597
Feb 20051472,80345.226.31$24,340
Jan 20051853,16543.166.32$27,994
Dec 200403,13639.866.75$21,171
Nov 20041562,97445.286.33$25,890
Oct 20041732,77149.706.52$26,651
Sep 200403,34343.245.28$17,664
Aug 20041772,40442.375.55$20,843
Jul 200403,23138.286.08$19,658
Jun 20041683,08436.106.43$25,904
May 20041863,15037.486.49$27,429
Apr 200402,79734.475.86$16,386
Mar 20041833,04934.365.53$23,149
Feb 20041913,15432.455.51$23,575
Jan 20041832,89932.036.30$24,124
Dec 200312,51030.266.30$15,847
Nov 20031832,95028.804.60$18,826
Oct 200303,18828.174.76$15,174
Sep 20033533,10826.314.75$24,048
Aug 200313,47229.765.13$17,840
Jul 20031804,52129.415.17$28,671
Jun 20033615,58728.565.98$43,737
May 20031864,00526.595.97$28,866
Apr 20031784,62026.675.41$29,729
Mar 2003132,08531.146.10$13,115
Feb 20031533.487.93$73
Jan 20033381,84530.315.58$20,544
Dec 200203,18126.914.85$15,440
Nov 20021683,82524.664.14$19,967
Oct 200203,23326.464.23$13,673
Sep 20025034,21527.443.64$29,125
Aug 200204,25325.963.16$13,457
Jul 200203,91724.583.06$11,993
Jun 20021783,95623.733.34$17,430
May 20021884,27024.663.58$19,940
Apr 20021833,81023.653.51$17,710
Mar 200205,18622.003.10$16,091
Feb 20021704,67618.222.38$14,206
Jan 20021814,67617.172.38$14,216
Dec 20011814,85416.932.36$14,541
Nov 20013615,12418.072.41$18,849
Oct 20011775,60419.782.53$17,673
Sep 20011784,43124.262.25$14,294
Aug 20011834,27924.873.05$17,616
Jul 20013524,72323.933.20$23,523
Jun 20011784,85324.563.82$22,930
May 20013584,74325.524.31$29,566
Apr 20013465,03224.685.34$35,387
Mar 20013645,12324.545.38$36,476
Feb 20011824,68327.755.77$32,058
Jan 20011825,18427.478.40$48,539
Dec 20005372,97426.889.12$41,565
Nov 20001744,72832.215.66$32,356
Oct 20003605,96531.235.15$41,936
Sep 20005326,06231.875.19$48,395
Aug 20003565,59129.644.54$35,939
Jul 20003556,15128.534.09$35,284
Jun 20003556,12229.304.40$37,321
May 20005446,44127.263.68$38,531
Apr 200006,58224.513.12$20,510
Mar 20007187,34128.422.86$41,399
Feb 20003687,04827.622.73$29,381
Jan 20005537,23125.272.48$31,911
Dec 19997177,09824.282.42$34,612
Nov 19993608,28423.192.43$28,512
Oct 19991788,60220.982.80$27,852
Sep 19993606,83421.752.62$25,727
Aug 19997157,91919.262.88$36,543
Jul 19993577,79917.892.37$24,889
Jun 19993588,44515.942.36$25,654
May 19997198,46515.792.32$31,000
Apr 19993608,39215.102.21$23,966
Mar 19995549,11612.471.84$23,667
Feb 19999059,2279.981.82$25,805
Jan 19993679,20710.381.90$21,302
Dec 199856210,6959.201.77$24,136
Nov 19987159,71810.892.19$29,027
Oct 19985409,58412.421.97$25,580
Sep 199802,46012.592.08$5,123
Aug 19987087,86411.301.91$23,000
Jul 19987078,11311.742.24$26,451
Jun 19983587,21911.242.24$20,175
May 19987117,65612.622.21$25,865
Apr 19987167,72713.042.51$28,695
Mar 19985507,85412.802.31$25,178
Feb 19983627,87213.952.30$23,149
Jan 19981,08710,18414.702.15$37,923
Dec 199755710,33616.322.41$34,011
Nov 19971,08611,02718.193.09$53,809
Oct 199754611,65719.253.15$47,228
Sep 19971,06712,66917.742.95$56,364
Aug 199771014,12917.862.55$48,777
Jul 19971,07414,59817.582.25$51,682
Jun 199789915,37317.242.26$50,199
May 199790712,91118.972.31$47,011
Apr 199754211,81317.882.08$34,295
Mar 199790815,11618.951.94$46,519
Feb 19971,10611,94720.492.21$49,016
Jan 19971,10714,07423.483.54$75,810
Dec 19961,47721,77823.32$34,444
Nov 19961,44121,33921.97$31,659
Oct 19961,82224,87023.31$42,471
Sep 19962,53230,83122.22$56,261
Aug 19961,08611,61320.26$22,002
Jul 19961,26615,32419.55$24,750
Jun 19961,43020,15518.73$26,784
May 19961,67925,07219.43$32,623
Apr 199618681421.51$4,001
Mar 19961,63020,63819.38$31,589
Feb 19962,21731,07016.98$37,645
Jan 19962,37536,42817.07$40,541
Dec 19952,78440,40917.19$47,857
Nov 19953,44248,19616.00$55,072
Oct 19953,45945,47015.43$53,372
Sep 19953,82137,31416.18$61,824
Aug 19950015.92$0
Jul 19954,30036,84415.24$65,532
Jun 19951,42516,74516.41$23,384
May 19951,82517,77917.56$32,047
Apr 19957,31275,30717.73$129,642
Mar 19958,80783,07016.44$144,787
Feb 19959,59371,07316.58$159,052
Jan 199514,14972,57915.92$225,252
Dec 199412,31233,20415.03$185,049

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                  186 bbl  × $106.41 =    $19,792
Casinghead gas       756 Mcf  × $  3.05 =     $2,303

────────────────────────────────────────────────────
Month total                                  $22,095

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/22616 is the state's own key, not one this site invented.