CONAN 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 22943District 03Field 34733500OilCasinghead gasSave
Value, all time
$35.3 M
Mar 1996 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
363
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition741,257 bbl$23,491,184
Casinghead gasProduction4,318,567 Mcf$11,842,016
Total$35,333,201

1,005,420 Mcf of this lease's gas, across 10 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 30.0895, -96.8060. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.08946, -96.80603 · 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
14,190 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 14,190 ft.

Completions filed
Mar 1996
1 of 1 wells

1 well

42-14932993114,190 ftMar 1996

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 (363)

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

363 months

May 20262,2258,513106.413.05$262,691
Apr 20262,5889,29298.932.87$282,696
Mar 20263,00510,90989.753.15$304,056
Feb 20262,97611,79563.503.75$233,211
Jan 20266,12321,19159.138.00$531,537
Dec 20253,88313,70956.664.41$280,514
Nov 202507258.593.93$283
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20253742,00163.933.01$29,942
Jul 20251922,72066.743.32$21,831
Jun 20253662,75766.483.13$32,958
May 20253803,23460.553.23$33,462
Apr 20253873,27962.363.54$35,751
Mar 20255814,14067.704.27$57,005
Feb 20257605,97370.884.34$79,797
Jan 2025191074.324.28$14,195
Dec 20241811,78568.993.12$18,059
Nov 20243841,63369.052.20$30,105
Oct 20243823,73571.372.28$35,784
Sep 20245633,13669.612.36$46,605
Aug 20245632,51775.632.06$47,774
Jul 20249256,98579.932.15$88,929
Jun 20241,1346,31578.082.63$105,176
May 20247624,23178.812.20$69,355
Apr 20241,5147,95584.451.66$141,056
Mar 20241,7268,56880.301.55$151,836
Feb 20241,5459,09876.091.78$133,787
Jan 20241,9278,20573.023.30$167,767
Dec 20233891,98171.262.61$32,892
Nov 202308477.892.81$236
Oct 202302585.443.09$77
Sep 20233851,84989.042.74$39,337
Aug 20235762,24280.522.67$52,372
Jul 20233782,41674.852.64$34,676
Jun 20235731,79968.962.26$43,577
May 20233831,58770.622.23$30,582
Apr 20231951,38578.122.24$18,333
Mar 20233851,31072.852.39$31,182
Feb 2023199175.112.47$2,519
Jan 202319367176.533.39$17,043
Dec 20221981,10976.415.73$21,483
Nov 202219483085.005.65$21,176
Oct 202219879587.185.86$21,923
Sep 202261,10784.888.16$9,546
Aug 2022194094.529.13$18,337
Jul 20229531,782101.587.54$110,246
Jun 20229462,176115.097.98$126,234
May 20225731,947109.378.43$79,088
Apr 20223791,890104.226.84$52,422
Mar 2022400855108.885.08$47,892
Feb 20225911,02091.054.86$58,767
Jan 20221931,03281.844.54$20,478
Dec 20210071.323.90$0
Nov 20211951,12177.435.24$20,969
Oct 20213843,26279.795.71$49,278
Sep 2021027769.865.35$1,482
Aug 202136861166.024.22$26,874
Jul 20211932,00770.783.98$21,653
Jun 20211861,86769.493.38$19,237
May 20213802,57863.483.02$31,902
Apr 20213842,35960.362.76$29,685
Mar 20213801,70561.302.72$27,926
Feb 202101,98957.805.55$11,035
Jan 20213822,30250.412.81$25,726
Dec 20201952,14344.642.68$14,438
Nov 20203572,15138.772.71$19,663
Oct 20205792,09836.972.48$26,605
Sep 20201842,46037.091.99$11,723
Aug 20203781,77839.982.39$19,353
Jul 20203802,46138.371.83$19,072
Jun 20203812,16634.901.69$16,958
May 20203953,48616.921.81$13,010
Apr 20201801,02814.751.80$4,510
Mar 20203491,13530.341.86$12,695
Feb 20203451,70949.881.98$20,594
Jan 20203722,42457.252.09$26,375
Dec 20191852,33659.012.30$16,300
Nov 20193791,90355.302.75$26,193
Oct 20191801,67353.472.42$13,671
Sep 20193471,61855.052.66$23,402
Aug 20193442,25353.112.30$23,462
Jul 20191652,04156.272.46$14,306
Jun 20191761,87852.782.49$13,968
May 20193492,63558.482.74$27,630
Apr 20193442,57962.632.75$28,639
Mar 20193462,80356.803.06$28,236
Feb 20193462,74750.852.79$25,264
Jan 20194953,22246.033.23$33,186
Dec 20183683,14646.594.19$30,313
Nov 20183713,31352.934.24$33,675
Oct 20187033,45861.443.40$54,943
Sep 20183552,99959.543.11$30,458
Aug 20183492,76759.403.07$29,216
Jul 20183462,86665.142.93$30,941
Jun 20183442,78060.183.08$29,256
May 20185462,82165.382.90$43,881
Apr 20183833,39463.842.90$34,296
Mar 20181852,66561.222.79$18,753
Feb 20183812,32361.782.77$29,964
Jan 20183903,14262.874.01$37,117
Dec 20173893,15957.272.92$31,507
Nov 20173792,91855.423.12$30,104
Oct 20173812,98249.292.98$27,677
Sep 20175652,99447.523.09$36,092
Aug 20171882,80145.373.00$16,945
Jul 20175632,38543.873.09$32,062
Jun 20173822,57142.493.09$24,169
May 20171892,56045.373.26$16,929
Apr 20173822,28447.933.21$25,645
Mar 20173814,27046.772.98$30,560
Feb 20173754,73750.452.95$32,905
Jan 20171955,90849.413.42$29,833
Dec 20165763,62548.763.72$41,581
Nov 20163743,40542.492.64$24,895
Oct 20163812,77346.193.09$26,168
Sep 20161903,34441.553.10$18,263
Aug 20165543,77741.442.92$34,003
Jul 20163781,23941.622.92$19,356
Jun 20167562,59545.352.69$41,254
May 20163781,31142.521.99$18,683
Apr 201618967136.561.99$8,246
Mar 20163872,00433.011.79$16,370
Feb 201638395126.472.06$12,101
Jan 20163891,10727.352.36$13,257
Dec 20153791,81432.362.00$15,895
Nov 20155701,23638.792.17$24,789
Oct 201536890643.552.43$18,225
Sep 20153871,20542.992.76$19,961
Aug 20155652,43740.162.87$29,691
Jul 20153653,20348.152.95$27,008
Jun 20153763,02556.152.88$29,833
May 20153783,02655.212.96$29,813
Apr 20151892,87949.822.71$17,208
Mar 20155734,26042.892.93$37,078
Feb 20153932,82344.662.98$25,953
Jan 20153824,06443.433.10$29,191
Dec 20143863,24154.693.59$32,750
Nov 20145723,53370.464.25$55,325
Oct 20143852,57178.303.90$40,175
Sep 20143733,84486.164.05$47,688
Aug 20143773,35389.394.04$47,230
Jul 20145704,99496.564.18$75,912
Jun 20143783,35698.164.74$53,001
May 20143795,49794.734.73$61,885
Apr 20145834,82395.944.81$79,127
Mar 20145854,76995.895.06$80,212
Feb 20143803,58697.406.19$59,217
Jan 20145843,49990.404.86$69,801
Dec 20133824,32591.824.35$53,908
Nov 20135583,87488.853.74$64,060
Oct 20133884,24297.423.78$53,831
Sep 20133863,943104.113.72$54,846
Aug 20135724,002104.253.52$73,728
Jul 20135704,725102.523.72$76,003
Jun 20135774,15694.403.93$70,816
May 20133875,09894.834.15$57,851
Apr 20135374,17093.964.28$68,315
Mar 20135654,29093.623.91$69,682
Feb 20135434,94091.233.42$66,432
Jan 20135854,79591.603.42$69,984
Dec 20125794,62586.773.42$66,058
Nov 20125774,33486.953.62$65,881
Oct 20125685,53589.383.40$69,585
Sep 20127664,93394.672.92$86,914
Aug 20125634,87592.662.91$66,345
Jul 20125675,48785.133.02$64,844
Jun 20125744,22579.822.52$56,460
May 20127675,81091.612.49$84,722
Apr 20127215,875101.652.00$85,021
Mar 20129465,911105.052.22$112,512
Feb 20129757,750101.102.57$118,492
Jan 20123792,74398.092.73$44,676
Dec 20117555,48296.873.24$90,897
Nov 20115654,59795.723.31$69,304
Oct 20117616,01784.983.65$86,623
Sep 20115694,89583.623.99$67,090
Aug 20115703,85483.404.15$63,529
Jul 20115763,90094.144.52$71,842
Jun 20115795,45092.904.64$79,076
May 20115755,76298.134.40$81,805
Apr 20117696,509105.964.33$109,689
Mar 20115636,23496.364.06$79,544
Feb 20115875,37385.644.18$72,730
Jan 20117715,81686.504.59$93,380
Dec 20107787,18085.734.35$97,915
Nov 20105555,65080.843.80$66,310
Oct 20105807,44778.103.51$71,429
Sep 20107676,45872.633.98$81,407
Aug 20105646,93673.684.42$72,208
Jul 20105776,66372.554.74$73,421
Jun 20107666,92870.364.91$87,915
May 20105807,36971.124.24$72,459
Apr 20109687,22681.694.12$108,866
Mar 20105839,35378.394.39$86,749
Feb 20109707,83173.585.44$113,992
Jan 20105917,22674.365.96$87,043
Dec 20099547,76171.445.48$110,713
Nov 20095716,04474.593.75$65,265
Oct 20097677,89072.544.11$88,068
Sep 20097658,88065.543.06$77,353
Aug 200995211,20267.423.22$100,237
Jul 200994710,75361.133.46$95,144
Jun 20093734,22766.163.90$41,142
May 20097638,47554.743.93$75,037
Apr 20091,1717,56846.773.59$81,918
Mar 200997910,23142.144.06$82,783
Feb 20099839,64632.814.63$76,942
Jan 20091,16510,11235.865.37$96,088
Dec 200898510,03937.105.98$96,548
Nov 20081,3559,61155.496.86$141,124
Oct 20087798,71475.246.92$118,930
Sep 20087805,646101.767.88$123,847
Aug 20081,1639,558114.228.48$213,919
Jul 20081,16210,267131.0811.39$269,250
Jun 20081,1584,664131.3313.03$212,864
May 20081,1615,252123.1711.57$203,789
Apr 20081,1674,899110.3110.45$179,950
Mar 20089782,821101.909.66$126,921
Feb 20087822,99092.538.77$98,582
Jan 20089852,97290.388.21$113,412
Dec 20071,1726,94588.337.30$154,235
Nov 20075692,93291.677.29$73,539
Oct 20077735,72582.856.92$103,671
Sep 20079625,86075.846.24$109,549
Aug 20077695,61869.066.39$88,995
Jul 20077905,62270.906.39$91,924
Jun 20079696,08862.007.55$106,033
May 20079846,82658.747.85$111,359
Apr 20077916,47559.617.81$97,690
Mar 20079836,30656.927.30$101,999
Feb 20079927,54855.108.22$116,674
Jan 20071,3598,44650.306.73$125,173
Dec 20061,3088,71656.656.92$134,399
Nov 20061,1236,99454.207.62$114,143
Oct 20067643,49954.906.01$62,986
Sep 20069386,87460.085.04$90,981
Aug 20061,1137,51368.717.34$131,619
Jul 20061,4507,62869.376.34$148,969
Jun 20061,4887,94466.286.38$149,338
May 20061,4939,21366.016.42$157,746
Apr 20061,6328,10464.397.36$164,734
Mar 20062,0625,91256.707.08$158,790
Feb 20062,2443,56157.597.75$156,834
Jan 20062,2303,99960.598.93$170,840
Dec 20053902,23554.9413.42$51,410
Nov 200520649254.6910.59$16,476
Oct 20052711,46758.3413.80$36,049
Sep 20053632,04261.4512.08$46,972
Aug 20056962,40161.519.80$66,333
Jul 20055362,53055.697.84$49,694
Jun 20055321,78252.337.38$40,993
May 20053681,20545.226.65$24,656
Apr 20053362,30749.207.36$33,512
Mar 20055581,61150.377.15$39,633
Feb 20053671,78745.226.31$27,875
Jan 20055482,34143.166.32$38,452
Dec 20045512,68939.866.75$40,117
Nov 20047192,36645.286.33$47,534
Oct 20047132,54249.706.52$51,997
Sep 20047032,40743.245.28$43,116
Aug 20047082,80242.375.55$45,551
Jul 20045452,50138.286.08$36,079
Jun 20045282,39536.106.43$34,468
May 20043622,70737.486.49$31,149
Apr 20045242,85234.475.86$34,771
Mar 20041,1043,18734.365.53$55,558
Feb 20043722,05932.455.51$23,416
Jan 20044993,24232.036.30$36,406
Dec 20039385,06430.266.30$60,295
Nov 20037374,32028.804.60$41,077
Oct 20035501,97328.174.76$24,884
Sep 20035351,19226.314.75$19,737
Aug 200354743329.765.13$18,500
Jul 20039172,37829.415.17$39,265
Jun 20031,47810,14528.565.98$102,909
May 20031,80511,37026.595.97$115,904
Apr 20031,82511,74326.675.41$112,170
Mar 20031,83612,83631.146.10$135,422
Feb 20031,66510,77833.487.93$141,169
Jan 20032,028101,29030.315.58$626,874
Dec 20022,22612,98126.914.85$122,908
Nov 20022,19213,94224.664.14$111,732
Oct 20022,51415,12126.464.23$130,469
Sep 20022,55012,97227.443.64$117,128
Aug 20021,97212,24025.963.16$89,922
Jul 20021,4418,21924.583.06$60,584
Jun 200290546023.733.34$23,011
May 20025381,39224.663.58$18,256
Apr 20021,98512,35823.653.51$90,351
Mar 20022,35813,05522.003.10$92,382
Feb 20021,99011,82218.222.38$64,343
Jan 20022,35713,30317.172.38$72,073
Dec 20012,72715,07616.932.36$81,814
Nov 20012,53213,53318.072.41$78,307
Oct 20012,5396,45319.782.53$66,540
Sep 20012,15513,41724.262.25$82,486
Aug 20012,88915,27424.873.05$118,483
Jul 20012,90615,42523.933.20$118,856
Jun 20012,68914,42824.563.82$121,217
May 20013,07215,60725.524.31$145,622
Apr 20012,74114,34024.685.34$144,156
Mar 20012,57314,17724.545.38$139,363
Feb 20011,82412,54827.755.77$122,981
Jan 20012,38214,31127.478.40$185,628
Dec 20002,00014,19326.889.12$183,236
Nov 20002,17011,57232.215.66$135,370
Oct 20001,8099,09131.235.15$103,273
Sep 20002,53118,10331.875.19$174,554
Aug 20002,90019,38129.644.54$173,960
Jul 20003,05719,92828.534.09$168,717
Jun 20002,53520,23029.304.40$163,232
May 20002,71721,25727.263.68$152,286
Apr 20003,06819,71624.513.12$136,632
Mar 20003,10322,25028.422.86$151,817
Feb 20003,08220,74127.622.73$141,675
Jan 20003,28922,68825.272.48$139,391
Dec 19993,66126,20824.282.42$152,410
Nov 19993,65426,65223.192.43$149,607
Oct 19993,42925,51420.982.80$143,474
Sep 19993,61826,59121.752.62$148,329
Aug 19994,15428,27119.262.88$161,302
Jul 19994,02229,08017.892.37$140,942
Jun 19993,77328,11615.942.36$126,554
May 19994,15330,08515.792.32$135,404
Apr 19994,19939,27015.102.21$150,115
Mar 19994,80632,24812.471.84$119,213
Feb 19994,21328,2189.981.82$93,340
Jan 19994,63732,74610.381.90$110,348
Dec 19984,79833,4809.201.77$103,512
Nov 19984,71033,24910.892.19$123,965
Oct 19984,70534,34312.421.97$126,065
Sep 19984,54945,81312.592.08$152,683
Aug 19985,29141,50211.301.91$138,947
Jul 19985,40043,84911.742.24$161,498
Jun 19986,01545,33211.242.24$169,029
May 19985,98546,62012.622.21$178,390
Apr 19986,07250,57513.042.51$205,886
Mar 19986,97056,23012.802.31$219,076
Feb 19986,46654,13913.952.30$214,673
Jan 19987,33966,80914.702.15$251,843
Dec 19978,39674,24416.322.41$316,032
Nov 19979,88180,69818.193.09$428,952
Oct 199712,98377,09819.253.15$492,768
Sep 19977,28434,09817.742.95$229,974
Aug 19977,81737,61417.862.55$235,706
Jul 19978,51639,62717.582.25$238,751
Jun 19978,53640,19517.242.26$237,889
May 19979,07642,70918.972.31$270,765
Apr 19979,87344,22017.882.08$268,630
Mar 199710,44048,42218.951.94$291,735
Feb 199710,12045,50520.492.21$307,738
Jan 199711,81157,88823.483.54$482,228
Dec 199613,84963,76323.32$322,959
Nov 199615,06757,76021.97$331,022
Oct 199616,62654,33223.31$387,552
Sep 199617,43154,95422.22$387,317
Aug 199620,872456,31420.26$422,867
Jul 199625,43568,53119.55$497,254
Jun 199625,97858,90918.73$486,568
May 199632,29268,22819.43$627,434
Apr 199635,30566,65121.51$759,411
Mar 199632,59355,97819.38$631,652

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                2,225 bbl  × $106.41 =   $236,762
Casinghead gas     8,513 Mcf  × $  3.05 =    $25,929

────────────────────────────────────────────────────
Month total                                 $262,691

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/22943 is the state's own key, not one this site invented.