OBSIDIAN 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 22925District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$15.0 M
Sep 1995 – May 2026
Value, last 12 filed months
$106 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
OilDisposition327,198 bbl$9,165,861
Casinghead gasProduction2,135,817 Mcf$5,784,327
Total$14,950,188

622,671 Mcf of this lease's gas, across 16 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 30.0075, -96.8041. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.00754, -96.80412 · 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
14,718 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 14,718 ft.

Completions filed
Sep 1995
1 of 1 wells

1 well

42-14932981114,718 ftSep 1995

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 2026189661106.413.05$22,125
Apr 202637669498.932.87$39,189
Mar 2026060989.753.15$1,918
Feb 202618756263.503.75$13,982
Jan 202618749759.138.00$15,032
Dec 2025050256.664.41$2,216
Nov 2025043458.593.93$1,704
Oct 2025059859.383.30$1,976
Sep 202503762.743.08$114
Aug 2025030763.933.01$926
Jul 2025033366.743.32$1,104
Jun 20257930666.483.13$6,209
May 2025039160.553.23$1,264
Apr 2025057262.363.54$2,027
Mar 20251871,75667.704.27$20,155
Feb 20251921,60970.884.34$20,593
Jan 20251801,73674.324.28$20,805
Dec 20241801,62368.993.12$17,484
Nov 20241701,63069.052.20$15,322
Oct 20241751,62171.372.28$16,188
Sep 20241751,58669.612.36$15,932
Aug 20241881,44975.632.06$17,209
Jul 20241931,50079.932.15$18,646
Jun 202421,29478.082.63$3,565
May 20241881,03378.812.20$17,087
Apr 20241941,44984.451.66$18,787
Mar 20241961,52880.301.55$18,100
Feb 202431,16476.091.78$2,304
Jan 202419124173.023.30$14,742
Dec 20231631,21671.262.61$14,790
Nov 20231951,11677.892.81$18,322
Oct 202319167785.443.09$18,409
Sep 202319459289.042.74$18,893
Aug 2023025380.522.67$676
Jul 2023131174.852.64$896
Jun 2023029868.962.26$673
May 20231921,50070.622.23$16,900
Apr 20231951,40778.122.24$18,382
Mar 20231951,61272.852.39$18,064
Feb 20231801,31975.112.47$16,772
Jan 20232021,49176.533.39$20,510
Dec 20221941,43976.415.73$23,068
Nov 202201,16985.005.65$6,600
Oct 20221761,26787.185.86$22,773
Sep 20221851,20384.888.16$25,524
Aug 20221941,24894.529.13$29,728
Jul 20221861,342101.587.54$29,015
Jun 2022121,078115.097.98$9,981
May 2022183695109.378.43$25,876
Apr 20221687104.226.84$4,802
Mar 2022374586108.885.08$43,696
Feb 2022023991.054.86$1,161
Jan 2022137881.844.54$1,797
Dec 202119498471.323.90$17,673
Nov 202119067577.435.24$18,247
Oct 202119064479.795.71$18,840
Sep 20210369.865.35$16
Aug 202117096566.024.22$15,296
Jul 2021089070.783.98$3,544
Jun 202117793669.493.38$15,464
May 20211921,26163.483.02$15,993
Apr 202119286760.362.76$13,981
Mar 2021082161.302.72$2,231
Feb 202117289557.805.55$14,907
Jan 20211681,42650.412.81$12,476
Dec 20201671,45844.642.68$11,356
Nov 20201641,17938.772.71$9,549
Oct 20201761,27536.972.48$9,667
Sep 20201841,26737.091.99$9,347
Aug 20201931,32839.982.39$10,884
Jul 20201781,34838.371.83$9,290
Jun 202002,03634.901.69$3,441
May 20201682,08216.921.81$6,621
Apr 20203351,71014.751.80$8,027
Mar 20201691,26030.341.86$7,466
Feb 202001,16049.881.98$2,298
Jan 20203371,05357.252.09$21,499
Dec 2019050559.012.30$1,164
Nov 201916793855.302.75$11,815
Oct 20191611,11653.472.42$11,308
Sep 20191761,09355.052.66$12,593
Aug 20191641,22453.112.30$11,531
Jul 201917692456.272.46$12,177
Jun 20191711,35452.782.49$12,398
May 20191751,43958.482.74$14,177
Apr 20191591,29262.632.75$13,512
Mar 20191731,52756.803.06$14,502
Feb 20191691,33750.852.79$12,327
Jan 20191751,49246.033.23$12,872
Dec 20181711,39046.594.19$13,785
Nov 20181851,21552.934.24$14,940
Oct 20181771,23661.443.40$15,075
Sep 201801,24759.543.11$3,876
Aug 201818497259.403.07$13,910
Jul 201816663565.142.93$12,675
Jun 201815757360.183.08$11,211
May 201817244265.382.90$12,528
Apr 20181721,30363.842.90$14,760
Mar 201819083961.222.79$13,970
Feb 2018046961.782.77$1,297
Jan 20181851,18862.874.01$16,394
Dec 20171941,54057.272.92$15,610
Nov 20171891,54555.423.12$15,292
Oct 201701,58649.292.98$4,732
Sep 20171821,48547.523.09$13,233
Aug 20171821,42945.373.00$12,551
Jul 20171841,70243.873.09$13,327
Jun 20171921,85142.493.09$13,873
May 20172061,62445.373.26$14,646
Apr 20171961,77447.933.21$15,092
Mar 20171911,73646.772.98$14,113
Feb 20171911,19250.452.95$13,155
Jan 20171901,66549.413.42$15,080
Dec 20161871,26048.763.72$13,809
Nov 201601,17342.492.64$3,102
Oct 20161821,89046.193.09$14,247
Sep 20161811,78641.553.10$13,058
Aug 20161871,85541.442.92$13,174
Jul 20161781,78741.622.92$12,634
Jun 20161922,36245.352.69$15,051
May 20161891,87442.521.99$11,767
Apr 20161881,66036.561.99$10,178
Mar 20161931,73133.011.79$9,476
Feb 201601,63926.472.06$3,382
Jan 20163691,80127.352.36$14,350
Dec 20151941,78632.362.00$9,852
Nov 20151941,76138.792.17$11,342
Oct 20151922,30943.552.43$13,965
Sep 20151852,51642.992.76$14,893
Aug 20151892,63140.162.87$15,148
Jul 20151932,66548.152.95$17,142
Jun 20151882,61956.152.88$18,106
May 20151902,83355.212.96$18,863
Apr 20151942,73049.822.71$17,054
Mar 20151932,99442.892.93$17,064
Feb 20151842,71544.662.98$16,298
Jan 20153713,09443.433.10$25,706
Dec 20141943,41254.693.59$22,864
Nov 20141893,39370.464.25$27,743
Oct 20143783,15678.303.90$41,909
Sep 201402,86786.164.05$11,598
Aug 20143683,09389.394.04$45,376
Jul 20141883,24696.564.18$31,720
Jun 20141932,95998.164.74$32,961
May 20141932,91994.734.73$32,080
Apr 20141912,81795.944.81$31,872
Mar 20143853,17095.895.06$52,948
Feb 201402,33697.406.19$14,465
Jan 20143793,69090.404.86$52,198
Dec 20131943,75691.824.35$34,169
Nov 20131873,49288.853.74$29,669
Oct 20133693,17597.423.78$47,947
Sep 20131892,850104.113.72$30,272
Aug 20131853,049104.253.52$30,027
Jul 20131822,920102.523.72$29,514
Jun 20131862,86694.403.93$28,832
May 20133792,04994.834.15$44,442
Apr 20131862,35193.964.28$27,545
Mar 20131952,91693.623.91$29,666
Feb 20131932,00591.233.42$24,464
Jan 20133842,34991.603.42$43,208
Dec 20121832,85386.773.42$25,637
Nov 20121912,75686.953.62$26,598
Oct 20123692,98389.383.40$43,122
Sep 20121871,37094.672.92$21,702
Aug 20123873,94792.662.91$47,338
Jul 20123803,79685.133.02$43,816
Jun 20123733,48579.822.52$38,552
May 20121953,75791.612.49$27,213
Apr 20123803,604101.652.00$45,823
Mar 20123553,702105.052.22$45,519
Feb 20123683,321101.102.57$45,741
Jan 20121853,39498.092.73$27,426
Dec 20113602,94896.873.24$44,424
Nov 20113812,44295.723.31$44,555
Oct 20111951,76884.983.65$23,022
Sep 20113851,41583.623.99$37,834
Aug 20110083.404.15$0
Jul 20111851,33494.144.52$23,442
Jun 20111922,63592.904.64$30,063
May 20115802,84998.134.40$69,465
Apr 20111932,400105.964.33$30,850
Mar 20113792,54396.364.06$46,838
Feb 20111942,19485.644.18$25,785
Jan 20111921,62086.504.59$24,042
Dec 20103922,03185.734.35$42,436
Nov 20101911,79580.843.80$22,253
Oct 20103791,97778.103.51$36,537
Sep 20101921,76572.633.98$20,969
Aug 20101921,95573.684.42$22,786
Jul 20103861,92172.554.74$37,103
Jun 20101931,78870.364.91$22,359
May 20103731,69071.124.24$33,685
Apr 20101921,74581.694.12$22,879
Mar 20101981,94478.394.39$24,053
Feb 201019592773.585.44$19,393
Jan 20101951,39074.365.96$22,790
Dec 20093841,90571.445.48$37,880
Nov 20091911,45274.593.75$19,694
Oct 20093791,81172.544.11$34,936
Sep 20091911,97465.543.06$18,568
Aug 20091921,97567.423.22$19,301
Jul 20093821,97461.133.46$30,191
Jun 20091931,80066.163.90$19,780
May 20091881,99254.743.93$18,111
Apr 20093761,55746.773.59$23,171
Mar 20093922,84542.144.06$28,067
Feb 20091972,65532.814.63$18,764
Jan 20095923,30935.865.37$39,002
Dec 20081963,29337.105.98$26,954
Nov 20083953,10755.496.86$43,234
Oct 20083923,30575.246.92$52,371
Sep 20081942,108101.767.88$36,346
Aug 20083922,847114.228.48$68,925
Jul 20081952,907131.0811.39$58,670
Jun 20083873,089131.3313.03$91,083
May 20081963,003123.1711.57$58,899
Apr 20083892,539110.3110.45$69,455
Mar 20081942,756101.909.66$46,403
Feb 20081962,60492.538.77$40,974
Jan 20083972,74090.388.21$58,365
Dec 20071882,52988.337.30$35,073
Nov 20071942,85991.677.29$38,631
Oct 20075794,96582.856.92$82,338
Sep 20075784,73675.846.24$73,408
Aug 20073843,33069.066.39$47,791
Jul 20071993,42570.906.39$35,988
Jun 20073953,49762.007.55$50,887
May 20075904,63858.747.85$71,048
Apr 20076035,06259.617.81$75,455
Mar 20076034,74356.927.30$68,956
Feb 20079964,47755.108.22$91,663
Jan 20079525,12150.306.73$82,334
Dec 20063964,22056.656.92$51,629
Nov 20063422,76754.207.62$39,614
Oct 20061961,85954.906.01$21,940
Sep 20061901,22360.085.04$17,576
Aug 2006122,16968.717.34$16,745
Jul 20061941,56869.376.34$23,403
Jun 20061982,65866.286.38$30,092
May 20061742,73966.016.42$29,084
Apr 20061881,76164.397.36$25,067
Mar 200681,93056.707.08$14,124
Feb 20062061,36157.597.75$22,413
Jan 20063651,23360.598.93$33,130
Dec 200551,63754.9413.42$22,236
Nov 200551,82754.6910.59$19,618
Oct 20051572,18958.3413.80$39,358
Sep 20051571,95161.4512.08$33,214
Aug 20053313,53561.519.80$54,992
Jul 20053605,27255.697.84$61,400
Jun 20057105,79952.337.38$79,957
May 20053775,23245.226.65$51,847
Apr 20051862,84849.207.36$30,114
Mar 20053553,63950.377.15$43,918
Feb 20053444,17645.226.31$41,914
Jan 20055616,26743.166.32$63,834
Dec 20045485,79339.866.75$60,952
Nov 20045085,38545.286.33$57,092
Oct 20043275,13149.706.52$49,681
Sep 20041824,11343.245.28$29,602
Aug 20045505,03242.375.55$51,234
Jul 20045337,56138.286.08$66,406
Jun 20049037,71436.106.43$82,223
May 20045447,40837.486.49$68,501
Apr 20049057,23734.475.86$73,593
Mar 20047256,15434.365.53$58,943
Feb 20043792,14932.455.51$24,139
Jan 20043634,03032.036.30$37,014
Dec 20035547,49230.266.30$63,976
Nov 20031,0897,62928.804.60$66,420
Oct 20035437,44228.174.76$50,718
Sep 20035457,09326.314.75$48,026
Aug 20037065,25929.765.13$47,988
Jul 20033684,10529.415.17$32,049
Jun 20035454,55928.565.98$42,842
May 20035404,46826.595.97$41,045
Apr 20037304,83226.675.41$45,597
Mar 20035535,40231.146.10$50,151
Feb 20035502,66933.487.93$39,568
Jan 20035629,14830.315.58$68,099
Dec 20027364,61826.914.85$42,220
Nov 20025464,50324.664.14$32,093
Oct 20026924,80126.464.23$38,614
Sep 20028956,41327.443.64$47,871
Aug 20027205,06625.963.16$34,721
Jul 20027223,26124.583.06$27,731
Jun 20029144,59323.733.34$37,022
May 20029184,55724.663.58$38,970
Apr 20021,2756,30423.653.51$52,295
Mar 20021,4777,21622.003.10$54,883
Feb 200216428118.222.38$3,656
Jan 20025455,18717.172.38$21,680
Dec 20018998,57916.932.36$35,504
Nov 20017347,74818.072.41$31,901
Oct 20017167,52319.782.53$33,187
Sep 20017217,26024.262.25$33,836
Aug 20018967,65024.873.05$45,640
Jul 20015408,36123.933.20$39,653
Jun 20017298,61124.563.82$50,834
May 20018909,18825.524.31$62,288
Apr 20011,0929,17524.685.34$75,902
Mar 20017419,81924.545.38$70,975
Feb 20011,092027.755.77$30,303
Jan 20011,27011,07127.478.40$127,870
Dec 20001,45512,15826.889.12$150,022
Nov 20001,27011,65032.215.66$106,822
Oct 20001,09511,83131.235.15$95,073
Sep 20001,2499,68931.875.19$90,058
Aug 20008955,73129.644.54$52,551
Jul 20007116,24828.534.09$45,838
Jun 20007136,27129.304.40$48,466
May 20007147,20027.263.68$45,958
Apr 20007136,36524.513.12$37,309
Mar 20009077,74428.422.86$47,923
Feb 20009157,08227.622.73$44,581
Jan 20009066,51325.272.48$39,050
Dec 19991,0926,45024.282.42$42,147
Nov 19997156,66523.192.43$32,803
Oct 19999077,50020.982.80$40,057
Sep 19991,0696,92321.752.62$41,381
Aug 19991,0617,22419.262.88$41,208
Jul 19991,0628,72017.892.37$39,686
Jun 19991,0709,47115.942.36$39,427
May 19991,43311,06415.792.32$48,307
Apr 19998967,04315.102.21$29,081
Mar 19991,0697,89012.471.84$27,835
Feb 19991,0877,5239.981.82$24,523
Jan 19991,2679,05710.381.90$30,359
Dec 19981,26410,2259.201.77$29,761
Nov 19981,79911,19910.892.19$44,069
Oct 19981,44016,23312.421.97$49,851
Sep 19981,82715,14912.592.08$54,552
Aug 19981,42812,09611.301.91$39,208
Jul 19981,78212,71111.742.24$49,359
Jun 19981,77715,80911.242.24$55,342
May 19982,16218,68112.622.21$68,501
Apr 19981,95520,40613.042.51$76,617
Mar 19982,50121,25712.802.31$81,105
Feb 19982,15618,66113.952.30$72,980
Jan 19982,17920,17414.702.15$75,502
Dec 19972,34422,88716.322.41$93,437
Nov 19972,34823,84918.193.09$116,362
Oct 19972,50524,64019.253.15$125,833
Sep 19972,13427,49117.742.95$119,090
Aug 19973,00830,90917.862.55$132,687
Jul 19973,23126,56017.582.25$116,480
Jun 19973,04827,43517.242.26$114,474
May 19973,41228,60918.972.31$130,770
Apr 19973,41427,52317.882.08$118,367
Mar 19974,32731,50218.951.94$143,083
Feb 19974,97329,18020.492.21$166,265
Jan 19975,46427,97123.483.54$227,304
Dec 19965,49530,72923.32$128,143
Nov 19965,64429,18621.97$123,999
Oct 19965,56129,98223.31$129,627
Sep 19965,58331,01722.22$124,054
Aug 19965,92031,85320.26$119,939
Jul 19966,62928,92219.55$129,597
Jun 19966,44730,39018.73$120,752
May 19968,07632,33519.43$156,917
Apr 19968,99235,20221.51$193,418
Mar 199610,24541,71119.38$198,548
Feb 199610,44938,76916.98$177,424
Jan 19969,96042,20817.07$170,017
Dec 199512,52150,59317.19$215,236
Nov 199518,26859,69516.00$292,288
Oct 199524,49289,06115.43$377,912
Sep 19957,08221,01816.18$114,587

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                  189 bbl  × $106.41 =    $20,111
Casinghead gas       661 Mcf  × $  3.05 =     $2,013

────────────────────────────────────────────────────
Month total                                  $22,125

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/22925 is the state's own key, not one this site invented.