PAYNE PHEGLEY 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 23019District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$4.7 M
Jun 1996 – May 2026
Value, last 12 filed months
$117 k
at the published price for each month
Months reported
360
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
OilDisposition134,477 bbl$4,639,480
Casinghead gasProduction45,797 Mcf$105,167
Total$4,744,647

11,680 Mcf of this lease's gas, across 7 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 30.6974, -96.6869. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.69739, -96.68686 · 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
11,842 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 11,842 ft.

Completions filed
Jun 1996
1 of 1 wells

1 well

42-05133519111,842 ftJun 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 (360)

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

360 months

May 20260109106.413.05$332
Apr 202617724098.932.87$18,199
Mar 202617924889.753.15$16,846
Feb 2026022463.503.75$840
Jan 202617624859.138.00$12,390
Dec 202517924856.664.41$11,237
Nov 202518724058.593.93$11,899
Oct 202517724859.383.30$11,330
Sep 202516823762.743.08$11,270
Aug 20251644863.933.01$10,629
Jul 202503166.743.32$103
Jun 202517913666.483.13$12,325
May 202517620060.553.23$11,303
Apr 202517924062.363.54$12,013
Mar 202517524567.704.27$12,893
Feb 202517822470.884.34$13,589
Jan 202518020074.324.28$14,233
Dec 202419115968.993.12$13,673
Nov 202435714269.052.20$24,963
Oct 202405771.372.28$130
Sep 202434320669.612.36$24,363
Aug 20241075.632.06$76
Jul 202417523479.932.15$14,490
Jun 202453014778.082.63$41,770
May 20240078.812.20$0
Apr 202417422484.451.66$15,066
Mar 202453824680.301.55$43,582
Feb 202417711676.091.78$13,675
Jan 202418924873.023.30$14,619
Dec 202335324871.262.61$25,802
Nov 202336024077.892.81$28,714
Oct 202335524885.443.09$31,097
Sep 202333924089.042.74$30,841
Aug 202352924580.522.67$43,250
Jul 20231,05824874.852.64$79,846
Jun 20231,43824068.962.26$99,707
May 20231,07724870.622.23$76,610
Apr 2023011778.122.24$262
Mar 202317414172.852.39$13,013
Feb 202316922475.112.47$13,246
Jan 2023024876.533.39$840
Dec 202217220076.415.73$14,288
Nov 202218424085.005.65$16,995
Oct 2022024887.185.86$1,454
Sep 202217824084.888.16$17,068
Aug 202217224894.529.13$18,521
Jul 2022181248101.587.54$20,256
Jun 2022178240115.097.98$22,401
May 2022162248109.378.43$19,809
Apr 20220240104.226.84$1,641
Mar 2022184248108.885.08$21,293
Feb 202219022491.054.86$18,388
Jan 202217324881.844.54$15,284
Dec 2021173071.323.90$12,338
Nov 2021181077.435.24$14,015
Oct 2021182079.795.71$14,522
Sep 2021179069.865.35$12,505
Aug 2021177066.024.22$11,686
Jul 2021363070.783.98$25,693
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021353060.362.76$21,307
Mar 20210061.302.72$0
Feb 2021187057.805.55$10,809
Jan 2021173050.412.81$8,721
Dec 2020179044.642.68$7,991
Nov 2020366038.772.71$14,190
Oct 2020352036.972.48$13,013
Sep 20200037.091.99$0
Aug 2020516039.982.39$20,630
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020178014.751.80$2,626
Mar 2020363030.341.86$11,013
Feb 2020178049.881.98$8,879
Jan 2020523057.252.09$29,942
Dec 2019177059.012.30$10,445
Nov 2019517055.302.75$28,590
Oct 2019549053.472.42$29,355
Sep 2019724055.052.66$39,856
Aug 2019970053.112.30$51,517
Jul 20190056.272.46$0
Jun 2019174052.782.49$9,184
May 20191058.482.74$58
Apr 20190062.632.75$0
Mar 2019174056.803.06$9,883
Feb 20191050.852.79$51
Jan 2019180046.033.23$8,285
Dec 20181046.594.19$47
Nov 20180052.934.24$0
Oct 2018193061.443.40$11,858
Sep 2018187059.543.11$11,134
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018189063.842.90$12,066
Mar 20181061.222.79$61
Feb 20181061.782.77$62
Jan 2018187062.874.01$11,757
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017192049.292.98$9,464
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017185043.873.09$8,116
Jun 20170042.493.09$0
May 2017177045.373.26$8,030
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017174050.452.95$8,778
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016170042.492.64$7,223
Oct 20160046.193.09$0
Sep 2016177041.553.10$7,354
Aug 20160041.442.92$0
Jul 2016164041.622.92$6,826
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016162036.561.99$5,923
Mar 20160033.011.79$0
Feb 2016168026.472.06$4,447
Jan 20160027.352.36$0
Dec 2015175032.362.00$5,663
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015168042.992.76$7,222
Aug 20150040.162.87$0
Jul 2015166048.152.95$7,993
Jun 20150056.152.88$0
May 2015169055.212.96$9,330
Apr 20150049.822.71$0
Mar 2015168042.892.93$7,206
Feb 20150044.662.98$0
Jan 2015171043.433.10$7,427
Dec 20140054.693.59$0
Nov 2014164070.464.25$11,555
Oct 20140078.303.90$0
Sep 2014167086.164.05$14,389
Aug 20140089.394.04$0
Jul 2014163096.564.18$15,739
Jun 20140098.164.74$0
May 2014161094.734.73$15,252
Apr 20140095.944.81$0
Mar 2014170095.895.06$16,301
Feb 20140097.406.19$0
Jan 2014169090.404.86$15,278
Dec 20130091.824.35$0
Nov 2013168088.853.74$14,927
Oct 20130097.423.78$0
Sep 20131670104.113.72$17,386
Aug 201300104.253.52$0
Jul 20131650102.523.72$16,916
Jun 20130094.403.93$0
May 2013158094.834.15$14,983
Apr 20130093.964.28$0
Mar 2013158093.623.91$14,792
Feb 20130091.233.42$0
Jan 2013170091.603.42$15,572
Dec 20120086.773.42$0
Nov 2012173086.953.62$15,042
Oct 2012172089.383.40$15,373
Sep 20120094.672.92$0
Aug 2012173092.662.91$16,030
Jul 20120085.133.02$0
Jun 2012169079.822.52$13,490
May 20120091.612.49$0
Apr 20121660101.652.00$16,874
Mar 20121690105.052.22$17,753
Feb 201200101.102.57$0
Jan 2012170098.092.73$16,675
Dec 20110096.873.24$0
Nov 2011155095.723.31$14,837
Oct 20110084.983.65$0
Sep 2011161083.623.99$13,463
Aug 2011160083.404.15$13,344
Jul 20110094.144.52$0
Jun 2011166092.904.64$15,421
May 2011168098.134.40$16,486
Apr 201100105.964.33$0
Mar 2011171096.364.06$16,478
Feb 20110085.644.18$0
Jan 2011174086.504.59$15,051
Dec 2010172085.734.35$14,746
Nov 20100080.843.80$0
Oct 2010150078.103.51$11,715
Sep 2010149072.633.98$10,822
Aug 20100073.684.42$0
Jul 2010164072.554.74$11,898
Jun 2010170070.364.91$11,961
May 20100071.124.24$0
Apr 2010161081.694.12$13,152
Mar 2010171078.394.39$13,405
Feb 2010171073.585.44$12,582
Jan 2010165074.365.96$12,269
Dec 20090071.445.48$0
Nov 2009176074.593.75$13,128
Oct 20090072.544.11$0
Sep 2009175065.543.06$11,470
Aug 20090067.423.22$0
Jul 2009167061.133.46$10,209
Jun 2009165066.163.90$10,916
May 2009163054.743.93$8,923
Apr 2009160046.773.59$7,483
Mar 2009163042.144.06$6,869
Feb 20090032.814.63$0
Jan 2009175035.865.37$6,276
Dec 2008172037.105.98$6,381
Nov 2008177055.496.86$9,822
Oct 2008167075.246.92$12,565
Sep 20081650101.767.88$16,790
Aug 200800114.228.48$0
Jul 20083420131.0811.39$44,829
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20083440110.3110.45$37,947
Mar 200800101.909.66$0
Feb 2008163092.538.77$15,082
Jan 20080090.388.21$0
Dec 2007166088.337.30$14,663
Nov 2007334091.677.29$30,618
Oct 20070082.856.92$0
Sep 2007170075.846.24$12,893
Aug 2007164069.066.39$11,326
Jul 2007170070.906.39$12,053
Jun 20070062.007.55$0
May 2007188058.747.85$11,043
Apr 2007194059.617.81$11,564
Mar 2007188056.927.30$10,701
Feb 2007195055.108.22$10,745
Jan 2007180050.306.73$9,054
Dec 2006190056.656.92$10,764
Nov 2006183054.207.62$9,919
Oct 2006182054.906.01$9,992
Sep 20060060.085.04$0
Aug 2006353068.717.34$24,255
Jul 2006187069.376.34$12,972
Jun 2006188066.286.38$12,461
May 2006191066.016.42$12,608
Apr 2006180064.397.36$11,590
Mar 2006185056.707.08$10,490
Feb 20060057.597.75$0
Jan 2006372060.598.93$22,539
Dec 20050054.9413.42$0
Nov 2005189054.6910.59$10,336
Oct 2005372058.3413.80$21,702
Sep 20050061.4512.08$0
Aug 2005373061.519.80$22,943
Jul 20050055.697.84$0
Jun 2005185052.337.38$9,681
May 2005191045.226.65$8,637
Apr 2005191049.207.36$9,397
Mar 2005185050.377.15$9,318
Feb 2005181045.226.31$8,185
Jan 2005185043.166.32$7,985
Dec 2004368039.866.75$14,668
Nov 2004180045.286.33$8,150
Oct 2004177049.706.52$8,797
Sep 2004183043.245.28$7,913
Aug 2004174042.375.55$7,372
Jul 2004352038.286.08$13,475
Jun 2004192036.106.43$6,931
May 2004192037.486.49$7,196
Apr 2004190034.475.86$6,549
Mar 2004532034.365.53$18,280
Feb 20040032.455.51$0
Jan 2004188032.036.30$6,022
Dec 2003385030.266.30$11,650
Nov 2003355028.804.60$10,224
Oct 2003180028.174.76$5,071
Sep 2003175026.314.75$4,604
Aug 2003371029.765.13$11,041
Jul 2003179029.415.17$5,264
Jun 2003360028.565.98$10,282
May 2003181026.595.97$4,813
Apr 2003365026.675.41$9,735
Mar 2003184031.146.10$5,730
Feb 2003181033.487.93$6,060
Jan 2003354030.315.58$10,730
Dec 2002358026.914.85$9,634
Nov 2002179024.664.14$4,414
Oct 2002348026.464.23$9,208
Sep 2002334027.443.64$9,165
Aug 2002174025.963.16$4,517
Jul 2002357024.583.06$8,775
Jun 2002337023.733.34$7,997
May 2002343024.663.58$8,458
Apr 2002181023.653.51$4,281
Mar 2002438022.003.10$9,636
Feb 2002330018.222.38$6,013
Jan 2002331017.172.38$5,683
Dec 2001354016.932.36$5,993
Nov 2001326018.072.41$5,891
Oct 2001521019.782.53$10,305
Sep 2001708024.262.25$17,176
Aug 2001011424.873.05$348
Jul 2001503023.933.20$12,037
Jun 2001526024.563.82$12,919
May 2001341025.524.31$8,702
Apr 2001341024.685.34$8,416
Mar 2001357024.545.38$8,761
Feb 2001696027.755.77$19,314
Jan 2001348027.478.40$9,560
Dec 200069725826.889.12$21,089
Nov 200017112232.215.66$6,198
Oct 200051419131.235.15$17,035
Sep 200069120231.875.19$23,070
Aug 200036921929.644.54$11,932
Jul 200068326328.534.09$20,562
Jun 200034716129.304.40$10,875
May 200072621927.263.68$20,597
Apr 200035519624.513.12$9,312
Mar 200070021728.422.86$20,515
Feb 200036122327.622.73$10,579
Jan 200089324425.272.48$23,171
Dec 199970825424.282.42$17,806
Nov 199936224023.192.43$8,979
Oct 199952726320.982.80$11,794
Sep 199985426521.752.62$19,269
Aug 199970233119.262.88$14,472
Jul 199969126417.892.37$12,988
Jun 199970925415.942.36$11,901
May 199952629115.792.32$8,981
Apr 199970024915.102.21$11,120
Mar 199989729212.471.84$11,722
Feb 19991,0463139.981.82$11,008
Jan 199969231810.381.90$7,787
Dec 19985352069.201.77$5,287
Nov 199871829510.892.19$8,464
Oct 199871734412.421.97$9,583
Sep 199871025212.592.08$9,464
Aug 199889436211.301.91$10,793
Jul 19981,06638511.742.24$13,376
Jun 199870639011.242.24$8,808
May 19981,26346212.622.21$16,958
Apr 199891045413.042.51$13,004
Mar 19981,40848312.802.31$19,138
Feb 19981,00946713.952.30$15,149
Jan 19981,39853314.702.15$21,699
Dec 19971,41558916.322.41$24,513
Nov 19971,41957918.193.09$27,600
Oct 19971,60562819.253.15$32,874
Sep 19971,75067617.742.95$33,043
Aug 19971,94968017.862.55$36,546
Jul 19971,9501,39517.582.25$37,415
Jun 19972,1421,35017.242.26$39,975
May 19972,4651,39018.972.31$49,970
Apr 19972,6571,35017.882.08$50,319
Mar 19972,7801,39018.951.94$55,376
Feb 19971,7611,13020.492.21$38,576
Jan 19972,8741,66023.483.54$73,357
Dec 19963,6781,86023.32$85,771
Nov 19963,5431,70021.97$77,840
Oct 19963,7001,91023.31$86,247
Sep 19964,4342,18022.22$98,523
Aug 19964,9331,51020.26$99,943
Jul 19965,9851,69019.55$117,007
Jun 19963,35783018.73$62,877

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                    0 bbl  × $106.41 =         $0
Casinghead gas       109 Mcf  × $  3.05 =       $332

────────────────────────────────────────────────────
Month total                                     $332

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/23019 is the state's own key, not one this site invented.