GERDES

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 22835District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$3.7 M
Sep 1995 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
369
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
OilDisposition35,101 bbl$1,124,463
Casinghead gasProduction624,280 Mcf$2,608,195
Total$3,732,658

53,002 Mcf of this lease's gas, across 15 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 30.2761, -96.7562. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.27612, -96.75624 · 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
10,401 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 10,401 ft.

Completions filed
Apr 2001
1 of 1 wells

1 well

42-287324712H10,401 ftApr 2001

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 (369)

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

369 months

May 202600106.413.05$0
Apr 202602298.932.87$63
Mar 202603489.753.15$107
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202501458.593.93$55
Oct 202503059.383.30$99
Sep 2025015662.743.08$480
Aug 2025015463.933.01$464
Jul 2025018266.743.32$603
Jun 2025117266.483.13$605
May 20251231,37260.553.23$11,882
Apr 202511,08762.363.54$3,914
Mar 20251551,37867.704.27$16,375
Feb 202501,22270.884.34$5,305
Jan 202508974.324.28$381
Dec 2024063368.993.12$1,976
Nov 2024077369.052.20$1,699
Oct 202413598671.372.28$11,884
Sep 2024084269.612.36$1,991
Aug 2024171375.632.06$1,547
Jul 2024133379.932.15$795
Jun 2024028478.082.63$748
May 2024036378.812.20$798
Apr 2024010584.451.66$174
Mar 2024014680.301.55$226
Feb 2024021476.091.78$382
Jan 2024014873.023.30$488
Dec 2023011971.262.61$311
Nov 2023010577.892.81$295
Oct 2023011085.443.09$340
Sep 2023017589.042.74$479
Aug 2023092280.522.67$2,464
Jul 2023091674.852.64$2,420
Jun 2023085768.962.26$1,936
May 2023085570.622.23$1,904
Apr 2023087078.122.24$1,947
Mar 2023087272.852.39$2,087
Feb 20237682675.112.47$7,745
Jan 2023093776.533.39$3,174
Dec 2022078876.415.73$4,515
Nov 2022077185.005.65$4,353
Oct 2022088687.185.86$5,195
Sep 2022089384.888.16$7,290
Aug 2022088194.529.13$8,041
Jul 20220876101.587.54$6,607
Jun 20220878115.097.98$7,004
May 20220931109.378.43$7,851
Apr 20220971104.226.84$6,639
Mar 202201,016108.885.08$5,158
Feb 2022083691.054.86$4,062
Jan 2022096781.844.54$4,388
Dec 202101,04371.323.90$4,067
Nov 202101,09977.435.24$5,755
Oct 2021098379.795.71$5,617
Sep 202101,00769.865.35$5,388
Aug 202101,02266.024.22$4,313
Jul 202101,00770.783.98$4,010
Jun 202101,03369.493.38$3,492
May 202101,07863.483.02$3,253
Apr 2021093660.362.76$2,582
Mar 202101,09061.302.72$2,961
Feb 2021061957.805.55$3,434
Jan 202101,03850.412.81$2,917
Dec 2020099644.642.68$2,665
Nov 2020099438.772.71$2,690
Oct 202001,05136.972.48$2,605
Sep 202001,01837.091.99$2,027
Aug 202001,02139.982.39$2,435
Jul 202001,04138.371.83$1,900
Jun 2020098134.901.69$1,658
May 202001,01816.921.81$1,847
Apr 202001,01014.751.80$1,822
Mar 202001,09030.341.86$2,023
Feb 202001,00249.881.98$1,985
Jan 202001,11957.252.09$2,344
Dec 201901,02859.012.30$2,369
Nov 201901,06355.302.75$2,924
Oct 201901,13453.472.42$2,743
Sep 201901,05755.052.66$2,809
Aug 201901,06153.112.30$2,445
Jul 201901,16356.272.46$2,861
Jun 201901,11852.782.49$2,785
May 20196954558.482.74$5,529
Apr 201901,01862.632.75$2,800
Mar 201901,07056.803.06$3,276
Feb 2019098350.852.79$2,745
Jan 201901,04446.033.23$3,370
Dec 201801,13946.594.19$4,767
Nov 2018098352.934.24$4,165
Oct 2018096261.443.40$3,269
Sep 201801,03659.543.11$3,220
Aug 201801,07159.403.07$3,284
Jul 201801,07665.142.93$3,155
Jun 201801,06560.183.08$3,277
May 201801,08965.382.90$3,159
Apr 2018098163.842.90$2,846
Mar 201801,05161.222.79$2,929
Feb 2018098061.782.77$2,711
Jan 201801,12562.874.01$4,510
Dec 201701,05157.272.92$3,071
Nov 201701,06155.423.12$3,309
Oct 201701,15849.292.98$3,455
Sep 2017072647.523.09$2,241
Aug 2017083345.373.00$2,503
Jul 201701,10343.873.09$3,405
Jun 201701,05342.493.09$3,251
May 201701,08745.373.26$3,547
Apr 201701,06147.933.21$3,408
Mar 201701,09046.772.98$3,252
Feb 2017099550.452.95$2,938
Jan 201701,06149.413.42$3,627
Dec 201601,09448.763.72$4,073
Nov 201601,03342.492.64$2,732
Oct 201601,07246.193.09$3,313
Sep 201601,07141.553.10$3,321
Aug 201601,15541.442.92$3,378
Jul 2016096641.622.92$2,825
Jun 201601,00345.352.69$2,694
May 201601,07642.521.99$2,142
Apr 201601,01336.561.99$2,017
Mar 2016095233.011.79$1,708
Feb 2016087526.472.06$1,806
Jan 2016082827.352.36$1,958
Dec 2015093532.362.00$1,871
Nov 2015082938.792.17$1,797
Oct 2015097643.552.43$2,368
Sep 2015090542.992.76$2,496
Aug 2015089840.162.87$2,580
Jul 2015096548.152.95$2,842
Jun 20157092456.152.88$6,594
May 2015087455.212.96$2,583
Apr 2015078849.822.71$2,133
Mar 2015089042.892.93$2,612
Feb 2015089644.662.98$2,667
Jan 201501,03743.433.10$3,215
Dec 2014095854.693.59$3,441
Nov 2014082470.464.25$3,504
Oct 2014088578.303.90$3,452
Sep 201401,06386.164.05$4,300
Aug 201401,11289.394.04$4,487
Jul 201401,12196.564.18$4,685
Jun 201401,03098.164.74$4,879
May 2014091994.734.73$4,344
Apr 2014082095.944.81$3,943
Mar 201401,10495.895.06$5,583
Feb 201401,01297.406.19$6,266
Jan 201401,03890.404.86$5,045
Dec 201301,07791.824.35$4,690
Nov 201301,07988.853.74$4,034
Oct 201301,14897.423.78$4,339
Sep 201301,147104.113.72$4,264
Aug 201301,199104.253.52$4,224
Jul 2013571,033102.523.72$9,684
Jun 2013092594.403.93$3,638
May 2013096694.834.15$4,008
Apr 2013065693.964.28$2,809
Mar 2013080293.623.91$3,138
Feb 2013091191.233.42$3,116
Jan 2013095791.603.42$3,273
Dec 2012089786.773.42$3,068
Nov 201201,07886.953.62$3,908
Oct 201201,16589.383.40$3,961
Sep 201201,06594.672.92$3,108
Aug 201201,06192.662.91$3,086
Jul 201201,04785.133.02$3,163
Jun 201201,00179.822.52$2,522
May 2012095591.612.49$2,376
Apr 20120788101.652.00$1,573
Mar 201201,015105.052.22$2,255
Feb 20120917101.102.57$2,357
Jan 2012641,09298.092.73$9,263
Dec 201101,06296.873.24$3,441
Nov 201101,02095.723.31$3,378
Oct 201101,05584.983.65$3,849
Sep 2011099783.623.99$3,974
Aug 201101,03483.404.15$4,290
Jul 201101,09494.144.52$4,942
Jun 201101,03692.904.64$4,807
May 2011098398.134.40$4,330
Apr 20110883105.964.33$3,826
Mar 201101,02296.364.06$4,147
Feb 2011079985.644.18$3,340
Jan 201101,06486.504.59$4,882
Dec 201001,09185.734.35$4,743
Nov 201001,05280.843.80$3,993
Oct 201001,07378.103.51$3,765
Sep 201001,06972.633.98$4,254
Aug 201001,10773.684.42$4,892
Jul 201001,08672.554.74$5,144
Jun 201001,06870.364.91$5,244
May 2010891,22771.124.24$11,526
Apr 2010080281.694.12$3,306
Mar 2010095778.394.39$4,200
Feb 2010097573.585.44$5,306
Jan 201001,13274.365.96$6,751
Dec 200901,10771.445.48$6,071
Nov 200901,21474.593.75$4,554
Oct 200901,22472.544.11$5,031
Sep 200901,06265.543.06$3,255
Aug 2009094367.423.22$3,035
Jul 2009096561.133.46$3,343
Jun 2009099966.163.90$3,891
May 200901,26254.743.93$4,954
Apr 2009611,12346.773.59$6,882
Mar 200901,16142.144.06$4,713
Feb 2009078932.814.63$3,655
Jan 20098877535.865.37$7,318
Dec 2008083737.105.98$5,003
Nov 2008072555.496.86$4,974
Oct 200801,11275.246.92$7,697
Sep 20080813101.767.88$6,404
Aug 200801,027114.228.48$8,712
Jul 20080892131.0811.39$10,159
Jun 20080958131.3313.03$12,485
May 20080922123.1711.57$10,672
Apr 200801,000110.3110.45$10,455
Mar 20080926101.909.66$8,949
Feb 2008088492.538.77$7,753
Jan 2008086690.388.21$7,106
Dec 2007451,06588.337.30$11,751
Nov 200701,21091.677.29$8,823
Oct 200701,57682.856.92$10,909
Sep 200701,27075.846.24$7,930
Aug 200701,57369.066.39$10,048
Jul 200701,80970.906.39$11,556
Jun 200701,32662.007.55$10,009
May 20071811,37758.747.85$21,436
Apr 200702,21959.617.81$17,320
Mar 20071822,31456.927.30$27,256
Feb 200702,07055.108.22$17,007
Jan 20071852,19550.306.73$24,071
Dec 20061712,38856.656.92$26,208
Nov 200601,86354.207.62$14,191
Oct 20061822,80754.906.01$26,873
Sep 20065391,94860.085.04$42,196
Aug 20061822,19268.717.34$28,594
Jul 20061792,35269.376.34$27,335
Jun 20061792,28866.286.38$26,470
May 20061762,26966.016.42$26,196
Apr 20061822,34964.397.36$29,009
Mar 200602,78356.707.08$19,712
Feb 20061762,67457.597.75$30,862
Jan 200602,61260.598.93$23,334
Dec 20051831,64754.9413.42$32,149
Nov 20051842,76154.6910.59$39,298
Oct 20053703,07658.3413.80$64,022
Sep 200502,88561.4512.08$34,848
Aug 20053583,03661.519.80$51,764
Jul 20051833,09355.697.84$34,452
Jun 20051783,01352.337.38$31,554
May 20051803,12145.226.65$28,898
Apr 20053563,08349.207.36$40,208
Mar 20051823,25250.377.15$32,435
Feb 20053663,13445.226.31$36,332
Jan 20057213,55443.166.32$53,587
Dec 20047253,24939.866.75$50,833
Nov 20049053,19845.286.33$61,223
Oct 20045433,35449.706.52$48,839
Sep 20047172,83943.245.28$46,004
Aug 20043582,76642.375.55$30,522
Jul 2004743,46938.286.08$23,939
Jun 20041843,31836.106.43$27,987
May 20041823,83437.486.49$31,722
Apr 20041813,68834.475.86$27,845
Mar 20041823,75434.365.53$27,014
Feb 20041763,44632.455.51$24,697
Jan 20041823,59032.036.30$28,445
Dec 20031823,36230.266.30$26,693
Nov 20031833,69628.804.60$22,254
Oct 20031913,46628.174.76$21,877
Sep 20031903,82326.314.75$23,156
Aug 20031884,20529.765.13$27,165
Jul 20031894,35329.415.17$28,067
Jun 20031904,26428.565.98$30,938
May 20031884,33226.595.97$30,873
Apr 20031864,38326.675.41$28,661
Mar 20031934,61731.146.10$34,155
Feb 20031824,19733.487.93$39,358
Jan 20033794,66430.315.58$37,522
Dec 20021904,67526.914.85$27,804
Nov 20023764,58124.664.14$28,224
Oct 20021894,68226.464.23$24,802
Sep 20023744,52727.443.64$26,719
Aug 20025664,85525.963.16$30,055
Jul 20021784,72624.583.06$18,845
Jun 20023754,59023.733.34$24,221
May 20023754,83524.663.58$26,576
Apr 20023804,71423.653.51$25,544
Mar 20023774,67822.003.10$22,809
Feb 20023863,92718.222.38$16,362
Jan 20023854,46417.172.38$17,215
Dec 20013914,57316.932.36$17,432
Nov 20011823,54318.072.41$11,812
Oct 20011904,03719.782.53$13,967
Sep 20013774,73624.262.25$19,808
Aug 20011,1297,27624.873.05$50,293
Jul 20011,6808,54123.933.20$67,509
Jun 20011,9028,73524.563.82$80,117
May 20012,26112,13525.524.31$109,970
Apr 20011,14513,50024.685.34$100,285
Mar 20018867024.545.38$5,762
Feb 200119580527.755.77$10,054
Jan 2001098327.478.40$8,256
Dec 200001,02726.889.12$9,369
Nov 200001,08032.215.66$6,111
Oct 200018084531.235.15$9,969
Sep 20001782,22631.875.19$17,218
Aug 20001792,54329.644.54$16,853
Jul 2000042528.534.09$1,738
Jun 2000090529.304.40$3,980
May 200001,01927.263.68$3,750
Apr 200017460424.513.12$6,147
Mar 200001,04928.422.86$3,000
Feb 2000071327.622.73$1,944
Jan 200001,05325.272.48$2,612
Dec 1999084924.282.42$2,058
Nov 19991761,02523.192.43$6,576
Oct 199901,17220.982.80$3,286
Sep 1999098921.752.62$2,590
Aug 199901,06019.262.88$3,048
Jul 199901,02417.892.37$2,429
Jun 199901,34115.942.36$3,168
May 199917483515.792.32$4,686
Apr 1999091215.102.21$2,014
Mar 199901,21412.471.84$2,232
Feb 199901,0029.981.82$1,821
Jan 19991771,46510.381.90$4,621
Dec 199801,5379.201.77$2,726
Nov 1998088810.892.19$1,941
Oct 199801,49112.421.97$2,936
Sep 199818394912.592.08$4,280
Aug 199801,21311.301.91$2,314
Jul 199801,20911.742.24$2,705
Jun 199801,21411.242.24$2,716
May 199801,32912.622.21$2,932
Apr 19981811,07013.042.51$5,041
Mar 199802,25312.802.31$5,203
Feb 199801,98713.952.30$4,568
Jan 19981732,53614.702.15$8,008
Dec 19971862,13216.322.41$8,176
Nov 199701,73118.193.09$5,346
Oct 19971822,05619.253.15$9,980
Sep 199701,87817.742.95$5,549
Aug 19971752,04317.862.55$8,345
Jul 199702,12717.582.25$4,779
Jun 19971762,45217.242.26$8,569
May 19971792,53518.972.31$9,248
Apr 199702,48717.882.08$5,180
Mar 19973563,03018.951.94$12,622
Feb 19971843,12920.492.21$10,672
Jan 19973574,46323.483.54$24,180
Dec 19963774,25123.32$8,792
Nov 19963703,60721.97$8,129
Oct 19961875,55223.31$4,359
Sep 19961865,19822.22$4,133
Aug 19961854,23720.26$3,748
Jul 19961804,24319.55$3,519
Jun 199604,04818.73$0
May 19961894,08019.43$3,672
Apr 19962673,13821.51$5,743
Mar 19961873,98119.38$3,624
Feb 19969084,09116.98$15,418
Jan 19961,1434,08017.07$19,511
Dec 1995030517.19$0
Nov 1995071616.00$0
Oct 199501,47515.43$0
Sep 19950016.18$0

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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas        22 Mcf  × $  2.87 =        $63

────────────────────────────────────────────────────
Month total                                      $63

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/22835 is the state's own key, not one this site invented.