HORNE MANAGEMENT CO. 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 22949District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$16.7 M
Feb 1996 – Aug 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
343
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
OilDisposition262,592 bbl$10,116,620
Casinghead gasProduction2,068,770 Mcf$6,629,414
Total$16,746,034

359,344 Mcf of this lease's gas, across 11 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 30.4632, -96.6080. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.46319, -96.60798 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,417 ft
1 wells filed one
Completion to plug
28.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,417 ft.

Completions filed
Feb 1996
1 of 1 wells
Plug dates filed
Jul 2024
1 of 1 wells

Last completion to plug: a median of 28.4 years across the 1 well that filed both dates, with the middle half between 28.4 years and 28.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-051334911H8,417 ftFeb 1996Jul 2024Yes

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 (343)

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

343 months

Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202356080.522.67$4,509
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 202353072.852.39$3,861
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20225642,24281.844.54$56,331
Dec 20215424,57071.323.90$56,474
Nov 20217344,28077.435.24$79,247
Oct 20217764,78079.795.71$89,229
Sep 20217494,55469.865.35$76,693
Aug 20217254,42166.024.22$66,524
Jul 20215474,50370.783.98$56,648
Jun 20217404,55069.493.38$66,804
May 20217364,77863.483.02$61,140
Apr 20217524,79460.362.76$58,615
Mar 20217174,68661.302.72$56,684
Feb 20213702,86757.805.55$37,292
Jan 20217544,12250.412.81$49,593
Dec 20207324,47044.642.68$44,636
Nov 20205514,44538.772.71$33,393
Oct 20207294,94336.972.48$39,202
Sep 20207334,57437.091.99$36,294
Aug 20205504,57439.982.39$32,898
Jul 20209134,42538.371.83$43,108
Jun 20205463,99634.901.69$25,810
May 20207064,29616.921.81$19,742
Apr 20201464,39314.751.80$10,080
Mar 20207345,17830.341.86$31,881
Feb 20207394,52149.881.98$45,816
Jan 20208984,37257.252.09$60,569
Dec 20197454,01759.012.30$53,219
Nov 20197373,64455.302.75$50,780
Oct 20197353,30353.472.42$47,289
Sep 20197302,85855.052.66$47,781
Aug 20197321,91953.112.30$43,299
Jul 20193601,27156.272.46$23,384
Jun 20193691,71652.782.49$23,751
May 20193653,47958.482.74$30,879
Apr 20197014,62162.632.75$56,615
Mar 20197464,75456.803.06$56,930
Feb 20197454,88950.852.79$51,534
Jan 20197665,76546.033.23$53,869
Dec 20189325,95846.594.19$68,359
Nov 20187565,49552.934.24$63,299
Oct 20189606,35061.443.40$80,560
Sep 20187585,87059.543.11$63,375
Aug 20189116,16159.403.07$73,006
Jul 20187375,49365.142.93$64,113
Jun 20189345,82260.183.08$74,122
May 20189355,82965.382.90$78,039
Apr 20189635,79363.842.90$78,282
Mar 20181,1305,96461.222.79$85,799
Feb 20181,1225,65861.782.77$84,968
Jan 20189635,59462.874.01$82,972
Dec 20171,1405,96557.272.92$82,715
Nov 20171,1166,07655.423.12$80,796
Oct 20179316,08549.292.98$64,045
Sep 20171,4385,93047.523.09$86,641
Aug 20177496,40645.373.00$53,228
Jul 20171,1296,90043.873.09$70,831
Jun 20171,1156,87842.493.09$68,611
May 20179384,99145.373.26$58,845
Apr 20171,1425,51047.933.21$72,432
Mar 20171,2955,35346.772.98$76,539
Feb 20171,3095,15450.452.95$81,257
Jan 20171,7016,04049.413.42$104,696
Dec 20162,2335,33848.763.72$128,754
Nov 201619082142.492.64$10,244
Oct 20161832,30546.193.09$15,576
Sep 2016044941.553.10$1,392
Aug 20165484,18241.442.92$34,939
Jul 20169225,91241.622.92$55,662
Jun 20169176,22645.352.69$58,308
May 20161,0935,34342.521.99$57,112
Apr 20165573,04436.561.99$26,425
Mar 20161,1284,38333.011.79$45,098
Feb 20161,1173,95126.472.06$37,720
Jan 20161,6814,21527.352.36$55,941
Dec 20151,3005,07532.362.00$52,225
Nov 20153784,30438.792.17$23,991
Oct 20155554,45943.552.43$34,990
Sep 20151864,98342.992.76$21,741
Aug 20153524,16840.162.87$26,109
Jul 20153764,42848.152.95$31,145
Jun 20153604,74656.152.88$33,896
May 20153744,62255.212.96$34,309
Apr 20153774,70749.822.71$31,522
Mar 20151833,18242.892.93$17,187
Feb 20153794,32444.662.98$29,795
Jan 20155625,21643.433.10$40,581
Dec 20143664,81654.693.59$37,313
Nov 20145754,44970.464.25$59,431
Oct 20143704,17678.303.90$45,261
Sep 20141893,70486.164.05$31,269
Aug 20143685,09289.394.04$53,442
Jul 20143655,04896.564.18$56,343
Jun 20143565,13498.164.74$59,264
May 20143744,99194.734.73$59,019
Apr 20143834,25595.944.81$57,208
Mar 20145404,74895.895.06$75,790
Feb 20143834,98697.406.19$68,178
Jan 20143925,24390.404.86$60,922
Dec 20133714,64391.824.35$54,283
Nov 20135555,77488.853.74$70,897
Oct 20135636,39097.423.78$78,998
Sep 20133625,709104.113.72$58,912
Aug 20135406,128104.253.52$77,882
Jul 20133736,479102.523.72$62,327
Jun 20135566,40394.403.93$77,672
May 20133805,89594.834.15$60,494
Apr 20135376,03993.964.28$76,319
Mar 20135406,37393.623.91$75,492
Feb 20133844,75791.233.42$51,301
Jan 20135527,27691.603.42$75,446
Dec 20125447,30086.773.42$72,170
Nov 20125567,05786.953.62$73,926
Oct 20126887,37689.383.40$86,569
Sep 20125397,70294.672.92$73,505
Aug 20123634,30292.662.91$46,146
Jul 20125325,80785.133.02$62,831
Jun 20123705,64279.822.52$43,746
May 20123604,50391.612.49$44,185
Apr 20121873,416101.652.00$25,830
Mar 20123593,470105.052.22$45,424
Feb 20127334,240101.102.57$85,004
Jan 20129523,39098.092.73$102,650
Dec 20113624,87896.873.24$50,870
Nov 20113654,71195.723.31$50,537
Oct 20115505,67284.983.65$67,434
Sep 20115496,01983.623.99$69,898
Aug 201102,32083.404.15$9,626
Jul 20113794,33694.144.52$55,266
Jun 20113804,63392.904.64$56,799
May 20113794,47498.134.40$56,898
Apr 20111934,276105.964.33$38,979
Mar 20115654,98496.364.06$74,665
Feb 20113764,47285.644.18$50,894
Jan 20113865,42686.504.59$58,288
Dec 20103825,05385.734.35$54,718
Nov 20103834,33280.843.80$47,403
Oct 20105404,71178.103.51$58,704
Sep 20101844,60472.633.98$31,685
Aug 20105685,14273.684.42$64,575
Jul 20103825,07472.554.74$51,747
Jun 20103774,89770.364.91$50,572
May 20103794,28271.124.24$45,090
Apr 20103775,58981.694.12$53,839
Mar 20105685,96578.394.39$70,704
Feb 20103732,88973.585.44$43,168
Jan 20101923,32174.365.96$34,084
Dec 20093773,52271.445.48$46,247
Nov 20091942,83374.593.75$25,098
Oct 20093562,36772.544.11$35,553
Sep 20095434,93165.543.06$50,701
Aug 20091915,53167.423.22$30,679
Jul 20095665,43661.133.46$53,433
Jun 20093745,95666.163.90$47,942
May 20095746,60154.743.93$57,335
Apr 20095826,48646.773.59$50,489
Mar 20095805,41942.144.06$46,437
Feb 20093913,86532.814.63$30,735
Jan 20093884,74435.865.37$39,394
Dec 20085854,72337.105.98$49,934
Nov 20083854,02255.496.86$48,956
Oct 20085214,47875.246.92$70,197
Sep 20083863,973101.767.88$70,575
Aug 20083865,876114.228.48$93,935
Jul 20085675,873131.0811.39$141,212
Jun 20085835,836131.3313.03$152,624
May 20085855,742123.1711.57$138,514
Apr 20087475,314110.3110.45$137,959
Mar 20083595,485101.909.66$89,590
Feb 20083904,02392.538.77$71,371
Jan 20083573,74990.388.21$63,029
Dec 20071903,45788.337.30$42,026
Nov 20071921,65691.677.29$29,676
Oct 200701,21482.856.92$8,403
Sep 20071901,75775.846.24$25,381
Aug 20071942,70769.066.39$30,690
Jul 20071952,51670.906.39$29,898
Jun 20071882,88462.007.55$33,426
May 20071912,11658.747.85$27,822
Apr 20071972,31259.617.81$29,789
Mar 20071963,35356.927.30$35,640
Feb 20071821,10155.108.22$19,074
Jan 20071952,07050.306.73$23,733
Dec 20061942,16356.656.92$25,955
Nov 20061922,45154.207.62$29,077
Oct 20061932,40454.906.01$25,053
Sep 20061942,52560.085.04$24,374
Aug 20063843,23968.717.34$50,159
Jul 200601,69369.376.34$10,738
Jun 20061913,02666.286.38$31,977
May 20061732,30466.016.42$26,223
Apr 200601,76164.397.36$12,962
Mar 20061942,39856.707.08$27,985
Feb 20061881,95457.597.75$25,973
Jan 20063882,29360.598.93$43,993
Dec 20051951,52554.9413.42$31,172
Nov 200519676054.6910.59$18,766
Oct 20053772,21258.3413.80$52,510
Sep 20051912,82761.4512.08$45,884
Aug 20053893,75361.519.80$60,695
Jul 20051913,25455.697.84$36,160
Jun 20051982,01852.337.38$25,256
May 20053813,80945.226.65$42,563
Apr 20051943,47149.207.36$35,093
Mar 20055475,38550.377.15$66,081
Feb 200564,17845.226.31$26,643
Jan 20053905,10443.166.32$49,101
Dec 20043925,53539.866.75$52,992
Nov 20047136,10545.286.33$70,932
Oct 20045596,99549.706.52$73,355
Sep 20047167,02943.245.28$68,100
Aug 20043585,89742.375.55$47,901
Jul 20043566,37038.286.08$52,384
Jun 20043574,49136.106.43$41,778
May 20046965,59537.486.49$62,423
Apr 20043575,70834.475.86$45,746
Mar 20043586,13334.365.53$46,217
Feb 20047255,71632.455.51$55,019
Jan 20043645,31432.036.30$45,135
Dec 20033605,27030.266.30$44,103
Nov 20033614,60628.804.60$31,562
Oct 20033574,50628.174.76$31,504
Sep 20037115,38926.314.75$44,301
Aug 20033545,64329.765.13$39,482
Jul 20033555,46529.415.17$38,699
Jun 20037105,36228.565.98$52,358
May 20033535,22726.595.97$40,605
Apr 20037075,67426.675.41$49,537
Mar 20037085,61531.146.10$56,276
Feb 20033615,23133.487.93$53,547
Jan 20035545,53630.315.58$47,694
Dec 20027175,76426.914.85$47,272
Nov 20027143,16424.664.14$30,697
Oct 20027166,99726.464.23$48,537
Sep 20027107,22127.443.64$45,732
Aug 20027107,21425.963.16$41,258
Jul 20023485,72124.583.06$26,070
Jun 20023515,23923.733.34$25,818
May 20021,0597,50824.663.58$53,024
Apr 20023555,10223.653.51$26,316
Mar 20027067,35522.003.10$38,353
Feb 20027086,53518.222.38$28,425
Jan 20027186,15817.172.38$26,958
Dec 20011,0727,92616.932.36$36,889
Nov 20011,0657,66118.072.41$37,673
Oct 20017106,72319.782.53$31,045
Sep 20011,0517,83424.262.25$43,134
Aug 20017078,09424.873.05$42,295
Jul 20017016,33523.933.20$37,028
Jun 20017036,84824.563.82$43,454
May 20013545,63525.524.31$33,306
Apr 20011,0588,21124.685.34$69,920
Mar 20011,0688,28824.545.38$70,769
Feb 20017146,49627.755.77$57,276
Jan 20017067,04427.478.40$78,555
Dec 20005415,97726.889.12$69,067
Nov 20001,0738,94032.215.66$85,144
Oct 20001,06110,00431.235.15$84,611
Sep 20001,0589,17131.875.19$81,284
Aug 20001,0607,87329.644.54$67,168
Jul 20001,0506,31928.534.09$55,800
Jun 20003545,78629.304.40$35,815
May 20007065,41027.263.68$39,153
Apr 20007095,97724.513.12$36,002
Mar 20007083,86528.422.86$31,174
Feb 20003641,65627.622.73$14,569
Jan 20007123,95125.272.48$27,793
Dec 19997125,10224.282.42$29,653
Nov 19991,0806,95023.192.43$41,961
Oct 19997117,50620.982.80$35,961
Sep 19991,05510,01921.752.62$49,185
Aug 199971410,67419.262.88$44,446
Jul 19991,05610,98717.892.37$44,957
Jun 19991,06810,64415.942.36$42,166
May 19991,42512,15615.792.32$50,715
Apr 19991,05611,37615.102.21$41,064
Mar 19997179,50512.471.84$26,414
Feb 19991,0714,9219.981.82$19,634
Jan 19991,0757,86010.381.90$26,092
Dec 19981,0819,7939.201.77$27,311
Nov 19981,4348,28510.892.19$33,725
Oct 19987145,87812.421.97$20,443
Sep 19981,0617,84912.592.08$29,704
Aug 19981,0609,22611.301.91$29,575
Jul 19981,0697,89511.742.24$30,213
Jun 19981,42210,57411.242.24$39,640
May 19981,42411,53012.622.21$43,410
Apr 19981,42910,98513.042.51$46,155
Mar 19981,43510,79512.802.31$43,298
Feb 19981,61411,10413.952.30$48,045
Jan 19981,62911,53814.702.15$48,808
Dec 19971,79610,28116.322.41$54,099
Nov 19971,71710,92618.193.09$64,975
Oct 19971,78411,37519.253.15$70,171
Sep 19971,4189,68317.742.95$53,767
Aug 19971,77714,66617.862.55$69,205
Jul 19972,13215,48517.582.25$72,274
Jun 19971,70719,49917.242.26$73,442
May 19972,17215,90918.972.31$77,929
Apr 19972,51520,44017.882.08$87,540
Mar 19972,32322,53918.951.94$87,727
Feb 19972,51628,30320.492.21$113,986
Jan 19972,88928,31823.483.54$168,071
Dec 19962,84831,91623.32$66,415
Nov 19963,57929,13221.97$78,631
Oct 19963,39134,88223.31$79,044
Sep 19963,73333,71322.22$82,947
Aug 19965,14229,94020.26$104,177
Jul 19965,13734,46219.55$100,428
Jun 19964,79931,57018.73$89,885
May 19966,22831,18819.43$121,010
Apr 19967,71535,25121.51$165,950
Mar 199611,42147,92719.38$221,339
Feb 19967,83519,36316.98$133,038

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.

Aug 2023 — as filed, then multipliedworked
Oil                   56 bbl  × $ 80.52 =     $4,509
Casinghead gas         0 Mcf  × $  2.67 =         $0

────────────────────────────────────────────────────
Month total                                   $4,509

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/22949 is the state's own key, not one this site invented.