STATE OF TEXAS UNIT #2

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 22772District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$8.2 M
Jul 1995 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
371
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
OilDisposition101,375 bbl$3,055,223
Casinghead gasProduction1,054,893 Mcf$5,140,068
Total$8,195,291

79,850 Mcf of this lease's gas, across 18 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 30.1772, -96.9229. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.17718, -96.92294 · 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
100.0%
1 of 1 wells
Median depth
10,034 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,034 ft.

Completions filed
Feb 2001
1 of 1 wells
Plug dates filed
Apr 1983
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-28730192210,034 ftFeb 2001Apr 1983

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 (371)

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

371 months

May 20263685106.413.05$2,406
Apr 2026058698.932.87$1,682
Mar 2026044789.753.15$1,408
Feb 2026082063.503.75$3,075
Jan 20261639959.138.00$10,430
Dec 202508156.664.41$357
Nov 2025015058.593.93$589
Oct 2025258259.383.30$2,042
Sep 2025165162.743.08$2,066
Aug 2025053563.933.01$1,613
Jul 202516761366.743.32$13,178
Jun 2025060866.483.13$1,902
May 2025060760.553.23$1,962
Apr 202517964862.363.54$13,458
Mar 202501,05667.704.27$4,507
Feb 2025070270.884.34$3,047
Jan 20251074.324.28$74
Dec 2024022768.993.12$709
Nov 2024061769.052.20$1,356
Oct 2024062971.372.28$1,435
Sep 2024058069.612.36$1,371
Aug 202417068475.632.06$14,269
Jul 2024058779.932.15$1,260
Jun 2024082578.082.63$2,173
May 2024050278.812.20$1,104
Apr 2024018284.451.66$302
Mar 202417256480.301.55$14,683
Feb 2024047676.091.78$849
Jan 2024050773.023.30$1,672
Dec 2023055371.262.61$1,444
Nov 2023046577.892.81$1,306
Oct 202317687285.443.09$17,730
Sep 2023069189.042.74$1,890
Aug 2023067680.522.67$1,807
Jul 2023068874.852.64$1,818
Jun 202318149168.962.26$13,591
May 2023068170.622.23$1,517
Apr 2023074878.122.24$1,674
Mar 202318256572.852.39$14,611
Feb 2023069275.112.47$1,706
Jan 2023068076.533.39$2,304
Dec 2022064376.415.73$3,684
Nov 202218563885.005.65$19,327
Oct 2022061087.185.86$3,577
Sep 2022040084.888.16$3,265
Aug 202201,12594.529.13$10,268
Jul 2022173418101.587.54$20,726
Jun 20221426115.097.98$3,513
May 20220433109.378.43$3,652
Apr 20221611104.226.84$4,282
Mar 20221891,120108.885.08$26,264
Feb 2022151591.054.86$2,593
Jan 2022861,05881.844.54$11,839
Dec 2021056671.323.90$2,207
Nov 202111,14877.435.24$6,089
Oct 2021060679.795.71$3,463
Sep 2021102069.865.35$7,126
Aug 2021196166.024.22$4,122
Jul 2021174070.783.98$12,316
Jun 2021382069.493.38$2,981
May 202122,43663.483.02$7,478
Apr 2021184560.362.76$2,391
Mar 202116516661.302.72$10,566
Feb 202121,11157.805.55$6,279
Jan 2021053250.412.81$1,495
Dec 202021,53344.642.68$4,191
Nov 2020183138.772.71$2,288
Oct 202021,17336.972.48$2,981
Sep 202016673437.091.99$7,618
Aug 2020010839.982.39$258
Jul 202011,06138.371.83$1,975
Jun 2020176334.901.69$1,325
May 202011,26816.921.81$2,318
Apr 2020067514.751.80$1,218
Mar 2020184830.341.86$5,597
Feb 202031,96349.881.98$4,038
Jan 2020161157.252.09$1,337
Dec 2019083559.012.30$1,924
Nov 201911,07155.302.75$3,001
Oct 2019079153.472.42$1,913
Sep 201916872655.052.66$11,178
Aug 2019166153.112.30$1,576
Jul 2019076856.272.46$1,889
Jun 2019079252.782.49$1,973
May 20190058.482.74$0
Apr 201917094162.632.75$13,236
Mar 20190556.803.06$15
Feb 20190350.852.79$8
Jan 20190346.033.23$10
Dec 201833,82146.594.19$16,132
Nov 201816568852.934.24$11,649
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 201811,83659.403.07$5,690
Jul 201813,08465.142.93$9,107
Jun 201817176760.183.08$12,651
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201812,27661.782.77$6,357
Jan 20181732,89862.874.01$22,496
Dec 20170057.272.92$0
Nov 20170455.423.12$12
Oct 201712,20049.292.98$6,613
Sep 20171742,25247.523.09$15,221
Aug 20171045.373.00$45
Jul 20170043.873.09$0
Jun 20170242.493.09$6
May 20171704,12745.373.26$21,181
Apr 20171732,23447.933.21$15,467
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 201722,50249.413.42$8,653
Dec 20161692,06448.763.72$15,924
Nov 201616882042.492.64$9,307
Oct 2016068746.193.09$2,123
Sep 20160241.553.10$6
Aug 20160141.442.92$3
Jul 20160241.622.92$6
Jun 201622,69245.352.69$7,321
May 20161823,89042.521.99$15,484
Apr 2016172336.561.99$6,294
Mar 20160233.011.79$4
Feb 20160326.472.06$6
Jan 2016028127.352.36$664
Dec 20151875,52932.362.00$17,117
Nov 2015057138.792.17$1,238
Oct 20150343.552.43$7
Sep 20150342.992.76$8
Aug 20150440.162.87$11
Jul 20151824,45248.152.95$21,875
Jun 20151801,28956.152.88$13,823
May 20150055.212.96$0
Apr 2015010049.822.71$271
Mar 20151685,76042.892.93$24,109
Feb 20150644.662.98$18
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20141772,75670.464.25$24,189
Oct 20141823,41978.303.90$27,588
Sep 20140586.164.05$20
Aug 20140389.394.04$12
Jul 2014020796.564.18$865
Jun 20141795,13198.164.74$41,876
May 2014086994.734.73$4,107
Apr 20140095.944.81$0
Mar 201421,37695.895.06$7,150
Feb 20143664,61297.406.19$64,206
Jan 20140590.404.86$24
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201312,84497.423.78$10,846
Sep 20131744,720104.113.72$35,663
Aug 201305104.253.52$18
Jul 201302102.523.72$7
Jun 20131501,12494.403.93$18,581
May 201323,65594.834.15$15,355
Apr 20131643,08393.964.28$28,613
Mar 20130193.623.91$4
Feb 20130091.233.42$0
Jan 20131493,43591.603.42$25,396
Dec 20121782,35886.773.42$23,510
Nov 20120286.953.62$7
Oct 2012052389.383.40$1,778
Sep 20122184,99794.672.92$35,221
Aug 201201,54892.662.91$4,502
Jul 20120085.133.02$0
Jun 201201979.822.52$48
May 20122204,74791.612.49$31,966
Apr 20121772,092101.652.00$22,169
Mar 201200105.052.22$0
Feb 201223,735101.102.57$9,802
Jan 20121642,16698.092.73$22,009
Dec 20110096.873.24$0
Nov 201102,79895.723.31$9,265
Oct 20111803,63284.983.65$28,548
Sep 20110183.623.99$4
Aug 20111784,04083.404.15$31,608
Jul 20111782,79494.144.52$29,378
Jun 20110092.904.64$0
May 201123,22198.134.40$14,384
Apr 20111804,247105.964.33$37,476
Mar 20110296.364.06$8
Feb 2011012985.644.18$539
Jan 20113585,83186.504.59$57,724
Dec 20100585.734.35$22
Nov 20100080.843.80$0
Oct 20101723,82978.103.51$26,869
Sep 201004,01272.633.98$15,966
Aug 20100373.684.42$13
Jul 2010085972.554.74$4,069
Jun 20101793,67370.364.91$30,630
May 20101805,14971.124.24$34,609
Apr 201001,73581.694.12$7,153
Mar 20100278.394.39$9
Feb 20101782,43573.585.44$26,349
Jan 20101774,67274.365.96$41,026
Dec 200901,31771.445.48$7,222
Nov 2009039074.593.75$1,463
Oct 20091823,82672.544.11$28,928
Sep 200913,76365.543.06$11,598
Aug 20091773,93667.423.22$24,601
Jul 200904461.133.46$152
Jun 200912,80066.163.90$10,972
May 20091794,68054.743.93$28,171
Apr 20091835,58646.773.59$28,599
Mar 20090042.144.06$0
Feb 200911,84632.814.63$8,585
Jan 20091734,81135.865.37$32,044
Dec 20081823,15437.105.98$25,604
Nov 200811,88355.496.86$12,974
Oct 20081865,34975.246.92$51,020
Sep 200801,823101.767.88$14,360
Aug 20081794,062114.228.48$54,903
Jul 200801,106131.0811.39$12,597
Jun 20081834,459131.3313.03$82,146
May 20081852,907123.1711.57$56,433
Apr 200802,480110.3110.45$25,928
Mar 20081835,374101.909.66$70,582
Feb 20081813,00692.538.77$43,112
Jan 20081823,49790.388.21$45,145
Dec 200702,38488.337.30$17,408
Nov 200712,87291.677.29$21,033
Oct 20071855,21482.856.92$51,418
Sep 20071915,44075.846.24$48,454
Aug 20071854,44769.066.39$41,183
Jul 200703,37870.906.39$21,578
Jun 20071846,07562.007.55$57,265
May 20071793,99258.747.85$41,837
Apr 200712,86159.617.81$22,390
Mar 20071856,04556.927.30$54,671
Feb 20073706,63055.108.22$74,859
Jan 20071816,74050.306.73$54,443
Dec 20060056.656.92$0
Nov 200611,09154.207.62$8,365
Oct 20060454.906.01$24
Sep 20061853,92760.085.04$30,896
Aug 20061745,89568.717.34$55,224
Jul 20061876,00269.376.34$51,041
Jun 20061895,99366.286.38$50,786
May 20061866,59566.016.42$54,651
Apr 20061896,66264.397.36$61,205
Mar 20061937,40556.707.08$63,392
Feb 20063767,03557.597.75$76,183
Jan 20061818,84360.598.93$89,964
Dec 20051521,63154.9413.42$30,231
Nov 20053087,64154.6910.59$97,750
Oct 20051878,16758.3413.80$123,580
Sep 20051867,80461.4512.08$105,694
Aug 20053769,74861.519.80$118,627
Jul 200535410,65355.697.84$103,273
Jun 200550611,06252.337.38$108,128
May 200537711,79145.226.65$95,472
Apr 200549611,44949.207.36$108,673
Mar 200554611,62550.377.15$110,678
Feb 200535911,06145.226.31$86,050
Jan 20051783,44843.166.32$29,481
Dec 20041835,28839.866.75$42,994
Nov 20041845,08145.286.33$40,496
Oct 20043598,68549.706.52$74,426
Sep 20043608,97143.245.28$62,968
Aug 200436112,41642.375.55$84,213
Jul 20043656,60438.286.08$54,152
Jun 200436211,77036.106.43$88,785
May 20041846,43737.486.49$48,702
Apr 20043556,39634.475.86$49,708
Mar 20043626,47134.365.53$48,224
Feb 20041852,55332.455.51$20,069
Jan 20043696,72432.036.30$54,178
Dec 20033647,92830.266.30$60,974
Nov 20035487,78828.804.60$51,570
Oct 20033597,72828.174.76$46,896
Sep 20033837,76826.314.75$46,970
Aug 20035478,61329.765.13$60,461
Jul 20033469,94429.415.17$61,595
Jun 200357411,46528.565.98$84,988
May 200356611,78626.595.97$85,444
Apr 200338310,58126.675.41$67,429
Mar 200358012,44031.146.10$93,896
Feb 20033876,33733.487.93$63,183
Jan 200358216,98030.315.58$112,423
Dec 200276320,41826.914.85$119,636
Nov 200268017,46824.664.14$89,033
Oct 200296621,77526.464.23$117,649
Sep 200296121,57127.443.64$104,785
Aug 20021,33926,55825.963.16$118,794
Jul 20022,04529,23224.583.06$139,767
Jun 20022,58630,90723.733.34$164,541
May 20025,40136,04524.663.58$262,374
Apr 20025,13323,25323.653.51$203,067
Mar 20027622,39922.003.10$24,207
Feb 20029532,70018.222.38$23,778
Jan 20027382,00717.172.38$17,439
Dec 20011,3481,56016.932.36$26,510
Nov 20011,52181918.072.41$29,455
Oct 200177347319.782.53$16,486
Sep 200138324224.262.25$9,836
Aug 200104024.873.05$122
Jul 200137419423.933.20$9,570
Jun 200118220124.563.82$5,239
May 200117112625.524.31$4,907
Apr 20011941,72124.685.34$13,970
Mar 20019393,73624.545.38$43,129
Feb 200109027.755.77$519
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 200001432.215.66$79
Oct 20000331.235.15$15
Sep 200001331.875.19$67
Aug 200001329.644.54$59
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 200001128.422.86$31
Feb 20000227.622.73$5
Jan 200010714125.272.48$3,054
Dec 19990624.282.42$15
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999178021.752.62$3,872
Aug 199904519.262.88$129
Jul 19990017.892.37$0
Jun 19992015.942.36$32
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999023912.471.84$439
Feb 199903789.981.82$687
Jan 1999046110.381.90$876
Dec 199805279.201.77$935
Nov 1998015810.892.19$345
Oct 19981012.421.97$12
Sep 199812135912.592.08$2,271
Aug 1998163011.301.91$1,842
Jul 1998562011.742.24$6,598
Jun 199832743911.242.24$4,658
May 1998136012.622.21$1,716
Apr 1998152413.042.51$1,992
Mar 19981609912.802.31$2,277
Feb 19981832813.952.30$2,617
Jan 199817718814.702.15$3,007
Dec 19971816916.322.41$3,120
Nov 199736224618.193.09$7,344
Oct 199701719.253.15$54
Sep 19970817.742.95$24
Aug 19971803317.862.55$3,299
Jul 199714515217.582.25$2,891
Jun 199715313817.242.26$2,949
May 199715720718.972.31$3,456
Apr 199726512017.882.08$4,988
Mar 1997414018.951.94$7,845
Feb 1997359020.492.21$7,356
Jan 1997180023.483.54$4,226
Dec 199655028823.32$12,826
Nov 19963536821.97$7,755
Oct 19963477023.31$8,089
Sep 19965963,09122.22$13,243
Aug 19965323,02220.26$10,778
Jul 19965293,18519.55$10,342
Jun 19967933,55918.73$14,853
May 19969023,15219.43$17,526
Apr 19961,0813,06821.51$23,252
Mar 19961,4744,67119.38$28,566
Feb 19961,5977,82016.98$27,117
Jan 19962,1259,15617.07$36,274
Dec 19952,75612,19917.19$47,376
Nov 19955,00613,53716.00$80,096
Oct 19958,9955,80215.43$138,793
Sep 19956,6793,42016.18$108,066
Aug 19952,3572,28715.92$37,523
Jul 19952,5721,45515.24$39,197

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                    3 bbl  × $106.41 =       $319
Casinghead gas       685 Mcf  × $  3.05 =     $2,086

────────────────────────────────────────────────────
Month total                                   $2,406

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/22772 is the state's own key, not one this site invented.