SLAY 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 22952District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$10.6 M
Feb 1996 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
364
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
OilDisposition262,752 bbl$10,053,470
Casinghead gasProduction141,193 Mcf$536,224
Total$10,589,694

20,157 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.

Every month this lease reported (364)

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

364 months

May 2026178248106.413.05$19,696
Apr 2026024098.932.87$689
Mar 202618124889.753.15$17,026
Feb 202617822463.503.75$12,143
Jan 2026021859.138.00$1,744
Dec 202517722856.664.41$11,035
Nov 202517324058.593.93$11,078
Oct 2025024859.383.30$820
Sep 2025124062.743.08$801
Aug 202518322963.933.01$12,390
Jul 2025019666.743.32$650
Jun 2025024066.483.13$751
May 202517924460.553.23$11,627
Apr 2025124062.363.54$913
Mar 202517424467.704.27$12,821
Feb 2025022470.884.34$972
Jan 202517224874.324.28$13,844
Dec 2024024868.993.12$774
Nov 2024017069.052.20$374
Oct 202417624871.372.28$13,127
Sep 202417824069.612.36$12,958
Aug 2024024875.632.06$512
Jul 202417424879.932.15$14,440
Jun 202417521078.082.63$14,217
May 202417623778.812.20$14,392
Apr 202417924084.451.66$15,515
Mar 202418924480.301.55$15,554
Feb 202430720076.091.78$23,716
Jan 2024016873.023.30$554
Dec 202301671.262.61$42
Nov 2023179077.892.81$13,942
Oct 2023178085.443.09$15,208
Sep 20230089.042.74$0
Aug 20231080.522.67$81
Jul 20230074.852.64$0
Jun 2023167068.962.26$11,516
May 2023184070.622.23$12,994
Apr 2023185078.122.24$14,452
Mar 20230072.852.39$0
Feb 2023180075.112.47$13,520
Jan 2023175076.533.39$13,393
Dec 2022179076.415.73$13,677
Nov 2022180085.005.65$15,300
Oct 20221087.185.86$87
Sep 2022187084.888.16$15,873
Aug 2022175094.529.13$16,541
Jul 20221900101.587.54$19,300
Jun 20221790115.097.98$20,601
May 20221890109.378.43$20,671
Apr 20221720104.226.84$17,926
Mar 20221750108.885.08$19,054
Feb 2022182091.054.86$16,571
Jan 20220081.844.54$0
Dec 2021179071.323.90$12,766
Nov 2021170077.435.24$13,163
Oct 2021356079.795.71$28,405
Sep 2021179069.865.35$12,505
Aug 2021174066.024.22$11,487
Jul 2021180070.783.98$12,740
Jun 2021173069.493.38$12,022
May 2021176063.483.02$11,172
Apr 2021182060.362.76$10,986
Mar 2021346061.302.72$21,210
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202070624257.252.09$40,925
Dec 201936827259.012.30$22,342
Nov 201956321355.302.75$31,720
Oct 20193695453.472.42$19,861
Sep 201907455.052.66$197
Aug 2019113053.112.30$6,001
Jul 20191755256.272.46$9,975
Jun 20191781452.782.49$9,430
May 20193551358.482.74$20,796
Apr 20196817962.632.75$42,868
Mar 201935616656.803.06$20,729
Feb 201954432350.852.79$28,564
Jan 201938115346.033.23$18,031
Dec 20181848746.594.19$8,937
Nov 201838329952.934.24$21,539
Oct 201836910761.443.40$23,035
Sep 201818425859.543.11$11,757
Aug 201818940559.403.07$12,469
Jul 201833240465.142.93$22,811
Jun 201819130460.183.08$12,430
May 201818729065.382.90$13,067
Apr 201837041763.842.90$24,830
Mar 201817951361.222.79$12,388
Feb 201818532761.782.77$12,334
Jan 201837148762.874.01$25,277
Dec 201738038957.272.92$22,899
Nov 201719047055.423.12$11,995
Oct 201737846849.292.98$20,028
Sep 201737347747.523.09$19,198
Aug 201719050245.373.00$10,129
Jul 201718550143.873.09$9,663
Jun 201737147542.493.09$17,230
May 201736819345.373.26$17,326
Apr 20173714847.933.21$17,936
Mar 201717622146.772.98$8,891
Feb 201718036050.452.95$10,144
Jan 201735940249.413.42$19,113
Dec 201636528148.763.72$18,844
Nov 201617727842.492.64$8,256
Oct 201635939546.193.09$17,803
Sep 201617734741.553.10$8,430
Aug 201635733141.442.92$15,762
Jul 201635837341.622.92$15,991
Jun 201618128145.352.69$8,963
May 201637240542.521.99$16,624
Apr 201635744836.561.99$13,944
Mar 201618646333.011.79$6,970
Feb 201638945226.472.06$11,230
Jan 201637449327.352.36$11,395
Dec 201518745332.362.00$6,958
Nov 201536044238.792.17$14,922
Oct 201537141743.552.43$17,169
Sep 201536939842.992.76$16,961
Aug 201536741540.162.87$15,931
Jul 201518845848.152.95$10,401
Jun 201555232956.152.88$31,943
May 201519423355.212.96$11,399
Apr 201554226849.822.71$27,728
Mar 201518157742.892.93$9,456
Feb 201535741144.662.98$17,167
Jan 201518219143.433.10$8,496
Dec 201435934154.693.59$20,858
Nov 201436136770.464.25$26,996
Oct 201450842178.303.90$41,419
Sep 201419231586.164.05$17,817
Aug 201436724589.394.04$33,795
Jul 201437427496.564.18$37,259
Jun 201419022198.164.74$19,697
May 201418329694.734.73$18,735
Apr 201437931395.944.81$37,867
Mar 201436633195.895.06$36,770
Feb 201437030297.406.19$37,908
Jan 201436432190.404.86$34,466
Dec 201318333091.824.35$18,240
Nov 201338734488.853.74$35,671
Oct 201354538997.423.78$54,564
Sep 2013180256104.113.72$19,692
Aug 2013373232104.253.52$39,703
Jul 2013179262102.523.72$19,325
Jun 201336025794.403.93$34,995
May 201336127494.834.15$35,370
Apr 201336331293.964.28$35,444
Mar 201335932193.623.91$34,866
Feb 201335829091.233.42$33,652
Jan 201337237191.603.42$35,344
Dec 201236337486.773.42$32,777
Nov 201236236786.953.62$32,806
Oct 201235840789.383.40$33,382
Sep 201253127194.672.92$51,061
Aug 201236230492.662.91$34,427
Jul 201236124185.133.02$31,460
Jun 201218223379.822.52$15,114
May 201235720791.612.49$33,220
Apr 201235651101.652.00$36,289
Mar 201235751105.052.22$37,616
Feb 2012559158101.102.57$56,921
Jan 201219312198.092.73$19,262
Dec 20113603296.873.24$34,977
Nov 201138812395.723.31$37,547
Oct 201138427484.983.65$33,632
Sep 201154837783.623.99$47,326
Aug 201136619283.404.15$31,321
Jul 201137511894.144.52$35,836
Jun 20113717392.904.64$34,805
May 20113734198.134.40$36,783
Apr 2011375141105.964.33$40,346
Mar 201138638496.364.06$38,753
Feb 201155136285.644.18$48,701
Jan 201137241086.504.59$34,059
Dec 201036442885.734.35$33,067
Nov 201055037480.843.80$45,881
Oct 201035750978.103.51$29,668
Sep 201054053972.633.98$41,365
Aug 201036140973.684.42$28,406
Jul 201036545072.554.74$28,612
Jun 201036232470.364.91$27,061
May 201053747271.124.24$40,190
Apr 201054643581.694.12$46,396
Mar 201035840978.394.39$29,859
Feb 201053239473.585.44$41,289
Jan 201036231474.365.96$28,791
Dec 200953020271.445.48$38,971
Nov 200935825074.593.75$27,641
Oct 200953417372.544.11$39,447
Sep 200953220165.543.06$35,483
Aug 200953621467.423.22$36,826
Jul 200935822661.133.46$22,668
Jun 200954312166.163.90$36,396
May 200957717754.743.93$32,280
Apr 200936635046.773.59$18,373
Mar 200954647542.144.06$24,936
Feb 200954147932.814.63$19,969
Jan 200954117335.865.37$20,329
Dec 200855523137.105.98$21,971
Nov 200836331455.496.86$22,297
Oct 200857254275.246.92$46,789
Sep 2008752450101.767.88$80,068
Aug 2008385478114.228.48$48,030
Jul 2008570523131.0811.39$80,672
Jun 2008555503131.3313.03$79,444
May 2008576520123.1711.57$76,965
Apr 2008569528110.3110.45$68,287
Mar 2008387406101.909.66$43,359
Feb 200876244692.538.77$74,420
Jan 200858367590.388.21$58,230
Dec 200758094888.337.30$58,154
Nov 200738366491.677.29$39,951
Oct 200777474982.856.92$69,310
Sep 200756510575.846.24$43,505
Aug 200776833869.066.39$55,197
Jul 200756145770.906.39$42,694
Jun 200757344362.007.55$38,870
May 200775439458.747.85$47,381
Apr 200757537559.617.81$37,203
Mar 200774040756.927.30$45,093
Feb 200777941155.108.22$46,300
Jan 200738043750.306.73$22,054
Dec 200673942256.656.92$44,784
Nov 200673546254.207.62$43,356
Oct 200655153154.906.01$33,443
Sep 200692860060.085.04$58,777
Aug 200655247068.717.34$41,378
Jul 200673620669.376.34$52,363
Jun 200674237966.286.38$51,599
May 200671744966.016.42$50,214
Apr 200672854764.397.36$50,902
Mar 200692434656.707.08$54,841
Feb 200655747157.597.75$35,728
Jan 200693159260.598.93$61,698
Dec 200572763054.9413.42$48,393
Nov 200595161354.6910.59$58,501
Oct 20051,12367858.3413.80$74,869
Sep 200574332361.4512.08$49,559
Aug 200575522361.519.80$48,625
Jul 200593439855.697.84$55,136
Jun 200591534452.337.38$50,421
May 200591043145.226.65$44,017
Apr 200591152249.207.36$48,663
Mar 20051,24232450.377.15$64,878
Feb 200591326045.226.31$42,927
Jan 20051,11244943.166.32$50,833
Dec 200473222839.866.75$30,717
Nov 20041,10120045.286.33$51,119
Oct 20041,12850749.706.52$59,365
Sep 20041,10556843.245.28$50,781
Aug 20041,12849942.375.55$50,563
Jul 20041,10838438.286.08$44,751
Jun 20041,12638636.106.43$43,132
May 20041,31538337.486.49$51,774
Apr 20041,28662234.475.86$47,972
Mar 20041,4681,05734.365.53$56,286
Feb 20041,1041,72132.455.51$45,307
Jan 20041,4791,96832.036.30$59,770
Dec 20031,4971,93630.266.30$57,499
Nov 20031,8512,04828.804.60$62,720
Oct 20031,8422,37128.174.76$63,174
Sep 20032,22015226.314.75$59,130
Aug 20032,44416729.765.13$73,590
Jul 20032,77511529.415.17$82,207
Jun 20031812028.565.98$5,289
May 200303626.595.97$215
Apr 200373821926.675.41$20,867
Mar 200354821831.146.10$18,394
Feb 200354819333.487.93$19,877
Jan 200373323430.315.58$23,523
Dec 200254624426.914.85$15,877
Nov 200291824824.664.14$23,664
Oct 200273429926.464.23$20,686
Sep 200273531527.443.64$21,313
Aug 200273510525.963.16$19,413
Jul 200273133124.583.06$18,981
Jun 200254431323.733.34$13,954
May 200291434824.663.58$23,786
Apr 200273633723.653.51$18,590
Mar 20021,20932022.003.10$27,591
Feb 200255127118.222.38$10,683
Jan 200290830417.172.38$16,313
Dec 200172117716.932.36$12,625
Nov 200192431918.072.41$17,464
Oct 200191228319.782.53$18,755
Sep 200191238024.262.25$22,981
Aug 200191424624.873.05$23,482
Jul 20015515923.933.20$13,374
Jun 20017276224.563.82$18,092
May 20018877625.524.31$22,964
Apr 20011,0889524.685.34$27,359
Mar 200190823824.545.38$23,562
Feb 20011,09521727.755.77$31,638
Jan 20011,09019427.478.40$31,572
Dec 200090523826.889.12$26,498
Nov 20001,08228732.215.66$36,475
Oct 20001,08631931.235.15$35,557
Sep 20001,09030631.875.19$36,325
Aug 20001,09234629.644.54$33,938
Jul 20001,27630328.534.09$37,643
Jun 200090525929.304.40$27,655
May 20001,26522727.263.68$35,319
Apr 20001,2553624.513.12$30,872
Mar 20001,4333728.422.86$40,832
Feb 20001,0793527.622.73$29,897
Jan 20001,0843725.272.48$27,484
Dec 19991,1003724.282.42$26,798
Nov 19993683623.192.43$8,622
Oct 199903720.982.80$104
Sep 199913621.752.62$116
Aug 199913719.262.88$126
Jul 199913717.892.37$106
Jun 199913615.942.36$101
May 199903715.792.32$86
Apr 199911315.102.21$44
Mar 199912812.471.84$64
Feb 1999151699.981.82$1,632
Jan 199995010.381.90$188
Dec 19989092159.201.77$8,744
Nov 19981,44945910.892.19$16,783
Oct 19981,39251212.421.97$18,297
Sep 19981,46257212.592.08$19,598
Aug 19981,62660411.301.91$19,526
Jul 19981,46861411.742.24$18,608
Jun 19981,83260011.242.24$21,934
May 19981,64767312.622.21$22,270
Apr 19982,02468013.042.51$28,097
Mar 19981,88073012.802.31$25,750
Feb 19982,02969513.952.30$29,902
Jan 19982,21882914.702.15$34,391
Dec 19972,56090316.322.41$43,956
Nov 19972,5521,07518.193.09$49,741
Oct 19972,5621,16619.253.15$52,991
Sep 19972,7331,12217.742.95$51,799
Aug 19973,0811,24917.862.55$58,218
Jul 19972,8961,14617.582.25$53,487
Jun 19973,52164917.242.26$62,167
May 19974,0981,07718.972.31$80,225
Apr 19972,6171,07217.882.08$49,025
Mar 19973,7232,40318.951.94$75,211
Feb 19974,4433,83320.492.21$99,492
Jan 19971,1264,53923.483.54$42,505
Dec 19963823,18623.32$8,908
Nov 19962303621.97$5,053
Oct 19961,4663523.31$34,172
Sep 19964,1564,57422.22$92,346
Aug 19966,8283720.26$138,335
Jul 19965,4111,22319.55$105,785
Jun 19962,86195018.73$53,587
May 199612,5554,74719.43$243,944
Apr 19968,8932,63521.51$191,288
Mar 19969,6732,73419.38$187,463
Feb 19960016.98$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.

May 2026 — as filed, then multipliedworked
Oil                  178 bbl  × $106.41 =    $18,941
Casinghead gas       248 Mcf  × $  3.05 =       $755

────────────────────────────────────────────────────
Month total                                  $19,696

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/22952 is the state's own key, not one this site invented.