BONZAI 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 23001District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$5.2 M
Apr 1996 – May 2024
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
338
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
OilDisposition117,656 bbl$4,196,634
Casinghead gasProduction246,932 Mcf$969,598
Total$5,166,231

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 29.8977, -97.0685. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.89775, -97.06853 · 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
12,870 ft
1 wells filed one
Completion to plug
27.8 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 12,870 ft.

Completions filed
May 1996
1 of 1 wells
Plug dates filed
Mar 2024
1 of 1 wells

Last completion to plug: a median of 27.8 years across the 1 well that filed both dates, with the middle half between 27.8 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14933008112,870 ftMay 1996Mar 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 (338)

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

338 months

May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20242080.301.55$161
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 2023114080.522.67$9,179
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023121472.852.39$908
Feb 202312975.112.47$924
Jan 202317876.533.39$1,328
Dec 202235376.415.73$2,692
Nov 202235285.005.65$2,986
Oct 202227087.185.86$2,354
Sep 20225084.888.16$424
Aug 20228094.529.13$756
Jul 202200101.587.54$0
Jun 2022190115.097.98$2,187
May 202250109.378.43$547
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20211077.435.24$77
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202119011366.024.22$13,021
Jul 2021028170.783.98$1,119
Jun 2021193069.493.38$13,412
May 2021016163.483.02$486
Apr 202119510060.362.76$12,046
Mar 202119125061.302.72$12,388
Feb 2021010357.805.55$571
Jan 202118315250.412.81$9,652
Dec 2020015544.642.68$415
Nov 202015912938.772.71$6,514
Oct 202036124036.972.48$13,941
Sep 2020018937.091.99$376
Aug 202019826739.982.39$8,553
Jul 202019223338.371.83$7,792
Jun 202017722034.901.69$6,549
May 202017825416.921.81$3,473
Apr 202017624814.751.80$3,043
Mar 202017430730.341.86$5,849
Feb 202016527049.881.98$8,765
Jan 202017324857.252.09$10,424
Dec 201917723159.012.30$10,977
Nov 201917024355.302.75$10,069
Oct 201916725253.472.42$9,539
Sep 201916624655.052.66$9,792
Aug 201916227153.112.30$9,228
Jul 201916825356.272.46$10,076
Jun 201916525952.782.49$9,354
May 2019026758.482.74$732
Apr 201916825162.632.75$11,212
Mar 201916920556.803.06$10,227
Feb 201916828450.852.79$9,336
Jan 201917125746.033.23$8,701
Dec 201818027246.594.19$9,525
Nov 201818324552.934.24$10,724
Oct 2018023361.443.40$792
Sep 201817121859.543.11$10,859
Aug 201818417159.403.07$11,454
Jul 201816733765.142.93$11,866
Jun 201816929660.183.08$11,081
May 201834542765.382.90$23,795
Apr 201818935763.842.90$13,101
Mar 201818255161.222.79$12,678
Feb 201819535461.782.77$13,026
Jan 201819648162.874.01$14,251
Dec 201719141757.272.92$12,157
Nov 201718930755.423.12$11,432
Oct 201718536149.292.98$10,196
Sep 201717828047.523.09$9,323
Aug 201717721645.373.00$8,679
Jul 2017025243.873.09$778
Jun 201718321942.493.09$8,452
May 201718417245.373.26$8,909
Apr 201718916147.933.21$9,576
Mar 2017018946.772.98$564
Feb 201718535050.452.95$10,367
Jan 201719444849.413.42$11,117
Dec 201618142448.763.72$10,404
Nov 201618432842.492.64$8,686
Oct 201618232946.193.09$9,423
Sep 201618938241.553.10$9,037
Aug 201617731341.442.92$8,250
Jul 201617340941.622.92$8,396
Jun 201618531645.352.69$9,238
May 201616930942.521.99$7,801
Apr 201618446736.561.99$7,657
Mar 201618430233.011.79$6,616
Feb 201619133526.472.06$5,747
Jan 201619132227.352.36$5,985
Dec 201518526432.362.00$6,515
Nov 201519029138.792.17$8,001
Oct 2015029743.552.43$721
Sep 201518429242.992.76$8,716
Aug 201518133940.162.87$8,243
Jul 201519425048.152.95$10,077
Jun 2015015156.152.88$435
May 201518721355.212.96$10,954
Apr 201518323249.822.71$9,745
Mar 201518922342.892.93$8,761
Feb 2015030744.662.98$914
Jan 201516956343.433.10$9,085
Dec 201418454954.693.59$12,035
Nov 201418576870.464.25$16,301
Oct 201437550278.303.90$31,321
Sep 201418432886.164.05$17,180
Aug 2014016589.394.04$666
Jul 201437041596.564.18$37,462
Jun 201418235598.164.74$19,547
May 201418732394.734.73$19,241
Apr 2014026595.944.81$1,274
Mar 201418933595.895.06$19,817
Feb 201419329797.406.19$20,637
Jan 201418933490.404.86$18,709
Dec 201319036391.824.35$19,026
Nov 201317835288.853.74$17,131
Oct 201318436197.423.78$19,290
Sep 2013180287104.113.72$19,807
Aug 2013180361104.253.52$20,037
Jul 2013185458102.523.72$20,669
Jun 201318241494.403.93$18,809
May 2013041794.834.15$1,730
Apr 201318321693.964.28$18,120
Mar 201318535093.623.91$18,689
Feb 201317737791.233.42$17,437
Jan 201318654491.603.42$18,898
Dec 201217946286.773.42$17,112
Nov 2012045386.953.62$1,642
Oct 201217842389.383.40$17,348
Sep 201219041294.672.92$19,190
Aug 201218943392.662.91$18,772
Jul 201217035685.133.02$15,548
Jun 201218631779.822.52$15,645
May 201219132091.612.49$18,294
Apr 2012189281101.652.00$19,773
Mar 2012172423105.052.22$19,009
Feb 2012190290101.102.57$19,954
Jan 2012032998.092.73$900
Dec 201118628396.873.24$18,935
Nov 201118826895.723.31$18,883
Oct 201119523984.983.65$17,443
Sep 2011023083.623.99$917
Aug 201118535283.404.15$16,890
Jul 201118919494.144.52$18,669
Jun 201118826592.904.64$18,695
May 2011019798.134.40$868
Apr 2011188255105.964.33$21,025
Mar 201118728496.364.06$19,172
Feb 201118327885.644.18$16,834
Jan 201118834286.504.59$17,831
Dec 2010028585.734.35$1,239
Nov 201019327880.843.80$16,657
Oct 201018628878.103.51$15,537
Sep 201018529172.633.98$14,595
Aug 2010026373.684.42$1,162
Jul 201018629972.554.74$14,911
Jun 201018627170.364.91$14,418
May 201019029171.124.24$14,745
Apr 201018725081.694.12$16,307
Mar 2010029178.394.39$1,277
Feb 201018227773.585.44$14,899
Jan 201018831174.365.96$15,835
Dec 200919133771.445.48$15,493
Nov 200918433274.593.75$14,970
Oct 200918632772.544.11$14,836
Sep 200918332765.543.06$12,996
Aug 200918541267.423.22$13,799
Jul 200919145861.133.46$13,263
Jun 2009046966.163.90$1,827
May 200918451354.743.93$12,086
Apr 200919246646.773.59$10,652
Mar 200918944642.144.06$9,775
Feb 200919742532.814.63$8,433
Jan 200918965935.865.37$10,317
Dec 200818579137.105.98$11,591
Nov 200819253455.496.86$14,318
Oct 200819481775.246.92$20,252
Sep 2008192290101.767.88$21,822
Aug 2008194521114.228.48$26,578
Jul 2008386997131.0811.39$61,952
Jun 2008391811131.3313.03$61,919
May 2008192845123.1711.57$33,429
Apr 2008389629110.3110.45$49,487
Mar 20080366101.909.66$3,537
Feb 200819724492.538.77$20,368
Jan 200819524590.388.21$19,635
Dec 200719423788.337.30$18,867
Nov 2007014991.677.29$1,086
Oct 20070682.856.92$42
Sep 20071881275.846.24$14,333
Aug 2007016569.066.39$1,054
Jul 200720043670.906.39$16,965
Jun 200719549462.007.55$15,819
May 200719160358.747.85$15,951
Apr 200738660859.617.81$27,755
Mar 200719449956.927.30$14,686
Feb 200719351155.108.22$14,833
Jan 200718969150.306.73$14,155
Dec 200618457556.656.92$14,402
Nov 200618351254.207.62$13,819
Oct 200635655154.906.01$22,858
Sep 200618856960.085.04$14,161
Aug 200618185668.717.34$18,719
Jul 200636368269.376.34$29,507
Jun 200637850666.286.38$28,284
May 200618850466.016.42$15,648
Apr 200617857064.397.36$15,657
Mar 200636558356.707.08$24,825
Feb 200619350557.597.75$15,029
Jan 200635485760.598.93$29,105
Dec 200535291254.9413.42$31,574
Nov 200536297254.6910.59$30,090
Oct 20055051,36158.3413.80$48,238
Sep 20055361,39561.4512.08$49,787
Aug 20055291,52761.519.80$47,499
Jul 200551953955.697.84$33,131
Jun 200518360752.337.38$14,057
May 200534465145.226.65$19,886
Apr 200535262949.207.36$21,948
Mar 200525465350.377.15$17,466
Feb 200532653745.226.31$18,131
Jan 200535065743.166.32$19,260
Dec 200435966139.866.75$18,772
Nov 200430375545.286.33$18,499
Oct 200436882749.706.52$23,678
Sep 200435857343.245.28$18,508
Aug 200452663542.375.55$25,811
Jul 200415763638.286.08$9,880
Jun 200433966636.106.43$16,522
May 200452671637.486.49$24,365
Apr 200435857234.475.86$15,691
Mar 200436370034.365.53$16,344
Feb 200455266432.455.51$21,571
Jan 200436472232.036.30$16,207
Dec 200337169130.266.30$15,581
Nov 200336967928.804.60$13,747
Oct 200335676028.174.76$13,646
Sep 200335473926.314.75$12,824
Aug 200334684229.765.13$14,616
Jul 200353482129.415.17$19,950
Jun 200336355928.565.98$13,712
May 200337377126.595.97$14,523
Apr 200336337426.675.41$11,704
Mar 200336790431.146.10$16,939
Feb 20033611,08433.487.93$20,678
Jan 200354598930.315.58$22,040
Dec 20025371,14226.914.85$19,994
Nov 200236195524.664.14$12,853
Oct 20023471,30726.464.23$14,709
Sep 20023611,41127.443.64$15,035
Aug 200217894225.963.16$7,602
Jul 2002094424.583.06$2,890
Jun 200217673923.733.34$6,643
May 200217783424.663.58$7,354
Apr 200201,06923.653.51$3,755
Mar 20021751,20222.003.10$7,579
Feb 20021761,25218.222.38$6,181
Jan 200201,25217.172.38$2,974
Dec 200101,26816.932.36$2,998
Nov 20011751,43918.072.41$6,624
Oct 20011801,40419.782.53$7,111
Sep 20011741,04824.262.25$6,581
Aug 20011751,21924.873.05$8,074
Jul 200101,57423.933.20$5,032
Jun 20011781,60824.563.82$10,521
May 20011751,91825.524.31$12,727
Apr 20013502,56224.685.34$22,307
Mar 20013592,03124.545.38$19,729
Feb 20013551,65927.755.77$19,419
Jan 20015402,10827.478.40$32,538
Dec 20007201,64326.889.12$34,342
Nov 20007121,69932.215.66$32,546
Oct 20001841,87931.235.15$15,415
Sep 20001761,14731.875.19$11,558
Aug 20007041,26629.644.54$26,615
Jul 200071196928.534.09$24,248
Jun 20003541,04329.304.40$14,959
May 200070393527.263.68$22,604
Apr 20003521,00624.513.12$11,762
Mar 200036297628.422.86$13,079
Feb 20003611,44927.622.73$13,922
Jan 20003671,36525.272.48$12,660
Dec 19993541,30424.282.42$11,756
Nov 19995351,27923.192.43$15,520
Oct 19993761,57020.982.80$12,290
Sep 19993501,56521.752.62$11,711
Aug 19995411,57419.262.88$14,946
Jul 19997081,63817.892.37$16,552
Jun 19993511,61815.942.36$9,417
May 19993681,78115.792.32$9,944
Apr 19995311,87415.102.21$12,156
Mar 19993691,92912.471.84$8,148
Feb 19995701,8759.981.82$9,097
Jan 19995732,33310.381.90$10,380
Dec 19985772,3599.201.77$9,492
Nov 19989152,25310.892.19$14,889
Oct 19985392,54512.421.97$11,706
Sep 19988862,51112.592.08$16,384
Aug 19985452,71111.301.91$11,329
Jul 19988893,04111.742.24$17,240
Jun 19987072,89811.242.24$14,430
May 19988863,43112.622.21$18,751
Apr 19985433,81713.042.51$16,644
Mar 19981,2113,90912.802.31$24,528
Feb 19987273,94013.952.30$19,200
Jan 19981,0794,89414.702.15$26,407
Dec 19971,0896,28716.322.41$32,931
Nov 19971,4738,13518.193.09$51,917
Oct 19971,0902,37519.253.15$28,463
Sep 199703,13417.742.95$9,261
Aug 19971,7758,52817.862.55$53,488
Jul 19972,4845,97317.582.25$57,090
Jun 19971,7835,89717.242.26$44,050
May 19972,5124,86018.972.31$58,872
Apr 199790294417.882.08$18,094
Mar 19972,551018.951.94$48,341
Feb 19972,918020.492.21$59,790
Jan 19973,619023.483.54$84,974
Dec 19964,342023.32$101,255
Nov 19964,713021.97$103,545
Oct 19963,788023.31$88,298
Sep 19962,859022.22$63,527
Aug 1996890020.26$18,031
Jul 19961,443019.55$28,211
Jun 19961,603018.73$30,024
May 19963,573019.43$69,423
Apr 19960021.51$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.

Mar 2024 — as filed, then multipliedworked
Oil                    2 bbl  × $ 80.30 =       $161
Casinghead gas         0 Mcf  × $  1.55 =         $0

────────────────────────────────────────────────────
Month total                                     $161

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/23001 is the state's own key, not one this site invented.