DITTO-WILSON 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 23031District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$15.0 M
Jul 1996 – May 2026
Value, last 12 filed months
$881 k
at the published price for each month
Months reported
359
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
OilDisposition311,441 bbl$13,508,453
Casinghead gasProduction442,445 Mcf$1,517,283
Total$15,025,736

28,035 Mcf of this lease's gas, across 5 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 (359)

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

359 months

May 20261,233485106.413.05$132,681
Apr 20261,60638598.932.87$159,986
Mar 20261,42038689.753.15$128,661
Feb 20261,9462,03763.503.75$131,210
Jan 20263441,02059.138.00$28,499
Dec 2025019956.664.41$878
Nov 20257111,77858.593.93$48,639
Oct 20253481,76459.383.30$26,494
Sep 20258842,50762.743.08$63,176
Aug 20255362,35563.933.01$41,366
Jul 20258892,35566.743.32$67,139
Jun 20256832,16366.483.13$52,173
May 20257152,23560.553.23$50,517
Apr 20257012,19462.363.54$51,488
Mar 20251,0482,89067.704.27$83,285
Feb 20255102,63770.884.34$47,596
Jan 20251,0652,83574.324.28$91,281
Dec 20247143,11068.993.12$58,966
Nov 20248662,61869.052.20$65,553
Oct 20243572,59371.372.28$31,395
Sep 20247052,35069.612.36$54,631
Aug 202435784275.632.06$28,737
Jul 20246851,86779.932.15$58,760
Jun 20246944,61978.082.63$66,354
May 20241,0465,41878.812.20$94,346
Apr 20241,4385,22784.451.66$130,112
Mar 20249054,64480.301.55$79,847
Feb 20248852,62976.091.78$72,029
Jan 20241,0953,04373.023.30$89,992
Dec 20231,0454,80071.262.61$86,998
Nov 20231,0804,25777.892.81$96,073
Oct 20231,0733,99785.443.09$104,017
Sep 20238644,01489.042.74$87,909
Aug 20231,0614,52680.522.67$97,529
Jul 20231,0874,80774.852.64$94,061
Jun 20231,2485,60968.962.26$98,730
May 20238992,83770.622.23$69,807
Apr 20231,4243,89478.122.24$119,957
Mar 20231,0673,45172.852.39$85,990
Feb 20231,2783,89375.112.47$105,589
Jan 20231,6225,77276.533.39$143,686
Dec 20221,5663,00776.415.73$136,885
Nov 20228832,88885.005.65$91,361
Oct 20221,4374,61287.185.86$152,321
Sep 20221,62435484.888.16$140,735
Aug 20221,4101,06494.529.13$142,985
Jul 20221,8021,692101.587.54$195,808
Jun 20221,6112,495115.097.98$205,313
May 20221,5832,036109.378.43$190,302
Apr 20221,6112,714104.226.84$186,456
Mar 20221,7996,083108.885.08$226,755
Feb 20221,6491,40391.054.86$156,958
Jan 20222,0124,00081.844.54$182,813
Dec 20212,1903,36171.323.90$169,296
Nov 20211,4372,02377.435.24$121,861
Oct 20212,1554,46779.795.71$197,471
Sep 20212,2683,20369.865.35$175,581
Aug 20212,4433,34266.024.22$175,392
Jul 20211,60820070.783.98$114,611
Jun 20211,40868369.493.38$100,151
May 20211,7201,07363.483.02$112,424
Apr 20211,9251,88860.362.76$121,401
Mar 20213,0622,22761.302.72$193,751
Feb 20212,3331,77757.805.55$144,706
Jan 20212,5141,77550.412.81$131,719
Dec 20207071144.642.68$31,590
Nov 20201791138.772.71$6,970
Oct 20203,9085,12336.972.48$157,176
Sep 20205,4916,67737.091.99$216,955
Aug 20201,2341,89539.982.39$53,855
Jul 202006238.371.83$113
Jun 20200034.901.69$0
May 202007016.921.81$127
Apr 20203,2554,13514.751.80$55,472
Mar 20208,56510,23330.341.86$278,857
Feb 202053083749.881.98$28,094
Jan 20200057.252.09$0
Dec 201917911959.012.30$10,837
Nov 201975468755.302.75$43,586
Oct 201992172853.472.42$51,007
Sep 201992245055.052.66$51,952
Aug 20191,42745953.112.30$76,846
Jul 20192,40546756.272.46$136,478
Jun 20192,5937952.782.49$137,055
May 20193311058.482.74$19,384
Apr 201919114262.632.75$12,353
Mar 2019016056.803.06$490
Feb 201913315350.852.79$7,190
Jan 201917517446.033.23$8,617
Dec 201815623046.594.19$8,231
Nov 201817620352.934.24$10,176
Oct 2018018461.443.40$625
Sep 201817616359.543.11$10,986
Aug 201819322759.403.07$12,160
Jul 2018120165.142.93$654
Jun 20181792660.183.08$10,852
May 20181793165.382.90$11,793
Apr 201815415763.842.90$10,287
Mar 201819423661.222.79$12,534
Feb 201815821161.782.77$10,345
Jan 201820922062.874.01$14,022
Dec 201718620557.272.92$11,251
Nov 201718926055.423.12$11,285
Oct 201738531449.292.98$19,914
Sep 201757035847.523.09$28,192
Aug 201737932945.373.00$18,184
Jul 20171,11924243.873.09$49,838
Jun 201737626142.493.09$16,782
May 201717913545.373.26$8,562
Apr 2017214447.933.21$558
Mar 201718811446.772.98$9,133
Feb 201718411450.452.95$9,619
Jan 201735613749.413.42$18,058
Dec 2016010448.763.72$387
Nov 201617320142.492.64$7,882
Oct 201618318746.193.09$9,031
Sep 201619019141.553.10$8,487
Aug 201618119941.442.92$8,083
Jul 201636020541.622.92$15,583
Jun 201618420745.352.69$8,900
May 201618616942.521.99$8,245
Apr 201619211536.561.99$7,248
Mar 201618014833.011.79$6,207
Feb 201617711326.472.06$4,918
Jan 201619311927.352.36$5,560
Dec 201518214632.362.00$6,182
Nov 201518312338.792.17$7,365
Oct 201519514443.552.43$8,842
Sep 201518615542.992.76$8,424
Aug 201517615340.162.87$7,508
Jul 201518417148.152.95$9,363
Jun 201518417856.152.88$10,845
May 201518218655.212.96$10,598
Apr 201518419349.822.71$9,689
Mar 2015719242.892.93$864
Feb 201517917544.662.98$8,515
Jan 201517519643.433.10$8,208
Dec 201417521154.693.59$10,329
Nov 201417721870.464.25$13,398
Oct 201418823078.303.90$15,618
Sep 201418523386.164.05$16,882
Aug 201418233189.394.04$17,605
Jul 201436834696.564.18$36,980
Jun 2014423398.164.74$1,496
May 201419825794.734.73$19,971
Apr 201419226195.944.81$19,676
Mar 201420225695.895.06$20,664
Feb 201419322197.406.19$20,167
Jan 201436623090.404.86$34,204
Dec 201319126691.824.35$18,696
Nov 201318026688.853.74$16,987
Oct 201318228997.423.78$18,823
Sep 2013185262104.113.72$20,234
Aug 2013184267104.253.52$20,123
Jul 2013177263102.523.72$19,124
Jun 201318025694.403.93$17,999
May 201318128994.834.15$18,363
Apr 201318028093.964.28$18,112
Mar 201336029893.623.91$34,869
Feb 201318037991.233.42$17,718
Jan 201317931491.603.42$17,470
Dec 201236033186.773.42$32,369
Nov 201218232386.953.62$16,996
Oct 201217718189.383.40$16,436
Sep 201217910994.672.92$17,264
Aug 201218739292.662.91$18,467
Jul 201255015585.133.02$47,290
Jun 201218517679.822.52$15,210
May 2012015591.612.49$386
Apr 2012364362101.652.00$37,723
Mar 2012179364105.052.22$19,613
Feb 2012186341101.102.57$19,681
Jan 201236936398.092.73$37,188
Dec 201117939596.873.24$18,619
Nov 201137538295.723.31$37,160
Oct 201118240684.983.65$16,948
Sep 201136740483.623.99$32,299
Aug 201117844483.404.15$16,688
Jul 201156746794.144.52$55,487
Jun 201155881692.904.64$55,624
May 20115571,05898.134.40$59,319
Apr 20111,4631,526105.964.33$161,632
Mar 2011024496.364.06$990
Feb 201119024185.644.18$17,279
Jan 2011016686.504.59$762
Dec 201017817385.734.35$16,012
Nov 2010015380.843.80$581
Oct 201017818878.103.51$14,561
Sep 2010018972.633.98$752
Aug 201019320373.684.42$15,117
Jul 2010021672.554.74$1,023
Jun 2010017270.364.91$845
May 201018020071.124.24$13,649
Apr 2010021081.694.12$866
Mar 201018220378.394.39$15,158
Feb 201018017773.585.44$14,208
Jan 2010020074.365.96$1,193
Dec 200917920271.445.48$13,895
Nov 2009022274.593.75$833
Oct 200918021572.544.11$13,941
Sep 2009022465.543.06$687
Aug 200917824467.423.22$12,786
Jul 200918832261.133.46$12,608
Jun 200918841066.163.90$14,035
May 200918146854.743.93$11,745
Apr 2009051246.773.59$1,837
Mar 200936756042.144.06$17,738
Feb 2009043032.814.63$1,992
Jan 200936246635.865.37$15,484
Dec 200817143437.105.98$8,938
Nov 200817047055.496.86$12,658
Oct 200817251175.246.92$16,478
Sep 2008168306101.767.88$19,506
Aug 2008360356114.228.48$44,139
Jul 2008179567131.0811.39$29,921
Jun 2008178619131.3313.03$31,444
May 2008177664123.1711.57$29,486
Apr 2008353616110.3110.45$45,380
Mar 2008345660101.909.66$41,534
Feb 200817960392.538.77$21,852
Jan 200836370690.388.21$38,601
Dec 200735876188.337.30$37,179
Nov 200717842991.677.29$19,445
Oct 2007354282.856.92$29,343
Sep 200717440575.846.24$15,725
Aug 2007070769.066.39$4,516
Jul 200735971870.906.39$30,040
Jun 200735272362.007.55$27,282
May 200717976658.747.85$16,525
Apr 200735674659.617.81$27,044
Mar 200735181756.927.30$25,945
Feb 2007077555.108.22$6,367
Jan 200753787850.306.73$32,917
Dec 2006028156.656.92$1,944
Nov 200617865654.207.62$14,645
Oct 200635859354.906.01$23,220
Sep 200617662060.085.04$13,697
Aug 200617262568.717.34$16,406
Jul 200617642569.376.34$14,905
Jun 200617920166.286.38$13,147
May 200617940866.016.42$14,437
Apr 200617855564.397.36$15,546
Mar 200635451956.707.08$23,748
Feb 200617453357.597.75$14,152
Jan 200636869160.598.93$28,470
Dec 200519137854.9413.42$15,565
Nov 200518262454.6910.59$16,561
Oct 200537876058.3413.80$32,537
Sep 200518152061.4512.08$17,404
Aug 200556281361.519.80$42,533
Jul 200518841655.697.84$13,733
Jun 200555135652.337.38$31,461
May 200555655545.226.65$28,834
Apr 200556378449.207.36$33,470
Mar 2005112450.377.15$938
Feb 20051755845.226.31$8,280
Jan 200504143.166.32$259
Dec 20041847239.866.75$7,820
Nov 20041886245.286.33$8,905
Oct 200419049.706.52$636
Sep 20043647943.245.28$16,157
Aug 2004014142.375.55$783
Jul 20041849238.286.08$7,603
Jun 2004011736.106.43$753
May 200418918137.486.49$8,259
Apr 200434611034.475.86$12,571
Mar 200417334.365.53$438
Feb 200436717432.455.51$12,868
Jan 2004126832.036.30$1,720
Dec 200318635230.266.30$7,847
Nov 200337240228.804.60$12,561
Oct 200337249228.174.76$12,821
Sep 200337983626.314.75$13,942
Aug 200337166229.765.13$14,437
Jul 200337638629.415.17$13,054
Jun 200336564428.565.98$14,277
May 200337258226.595.97$13,368
Apr 200337385326.675.41$14,560
Mar 200319286031.146.10$11,221
Feb 200338373833.487.93$18,672
Jan 200337594030.315.58$16,613
Dec 20025291,02926.914.85$19,230
Nov 20023671,12324.664.14$13,696
Oct 20023781,07126.464.23$14,531
Sep 20023731,29527.443.64$14,943
Aug 20023491,34525.963.16$13,316
Jul 20025371,57824.583.06$18,031
Jun 20025541,62123.733.34$18,558
May 20027391,77124.663.58$24,571
Apr 20023541,55823.653.51$13,844
Mar 20027361,79022.003.10$21,746
Feb 20023791,75318.222.38$11,070
Jan 20028831,98517.172.38$19,877
Dec 20013581,92516.932.36$10,612
Nov 20018651,75218.072.41$19,845
Oct 20011,0511,36219.782.53$24,233
Sep 20018441,79324.262.25$24,512
Aug 20015161,60824.873.05$17,742
Jul 20016531,36123.933.20$19,978
Jun 20018801,62724.563.82$27,835
May 20016911,46725.524.31$23,953
Apr 20018851,77224.685.34$31,296
Mar 20015251,75724.545.38$22,330
Feb 20018441,89127.755.77$34,327
Jan 20018991,89627.478.40$40,620
Dec 20009611,84326.889.12$42,644
Nov 20006811,78332.215.66$32,023
Oct 20001,3441,87831.235.15$51,636
Sep 20003341,47831.875.19$18,310
Aug 200083973829.644.54$28,219
Jul 20008491,61628.534.09$30,831
Jun 20001,0401,44429.304.40$36,822
May 20001,0611,22527.263.68$33,431
Apr 20001,0651,03024.513.12$29,313
Mar 20006721,30428.422.86$22,827
Feb 20001,0321,20427.622.73$31,787
Jan 20001,0891,21125.272.48$30,523
Dec 199989698524.282.42$24,142
Nov 19991,44266823.192.43$35,066
Oct 19991,08835920.982.80$23,833
Sep 19993621821.752.62$7,921
Aug 19991,68561119.262.88$34,210
Jul 19991,22951017.892.37$23,197
Jun 19991,97345315.942.36$32,520
May 19991,4351,44115.792.32$26,003
Apr 19991,5891,94915.102.21$28,297
Mar 19991,8011,34212.471.84$24,926
Feb 19991,2261,1349.981.82$14,297
Jan 19991,4241,20410.381.90$17,069
Dec 19981,4091,0319.201.77$14,791
Nov 19981,37991810.892.19$17,024
Oct 19981,41086712.421.97$19,220
Sep 19981,59458812.592.08$21,293
Aug 19981,76766511.301.91$21,235
Jul 199870735811.742.24$9,101
Jun 19981,96296211.242.24$24,205
May 19982,1381,41712.622.21$30,108
Apr 19982,4861,54813.042.51$36,296
Mar 19982,6731,78112.802.31$38,328
Feb 19981,8191,57013.952.30$28,985
Jan 19982,3122,82514.702.15$40,074
Dec 19972,1273,06216.322.41$42,095
Nov 19972,5452,50918.193.09$54,042
Oct 19972,6573,77019.253.15$63,022
Sep 19972,8933,92417.742.95$62,917
Aug 19973,6774,31817.862.55$76,703
Jul 19973,2095,54617.582.25$68,876
Jun 19973,5217,26417.242.26$77,098
May 19974,5885,27618.972.31$99,214
Apr 19973,5895,22017.882.08$75,043
Mar 19974,7653,86018.951.94$97,782
Feb 19974,4355,69020.492.21$103,425
Jan 19973,4995,32323.483.54$100,998
Dec 19965,4674,38723.32$127,490
Nov 19967,0649,09621.97$155,196
Oct 199610,1097,37623.31$235,641
Sep 199611,4154,38422.22$253,641
Aug 199612,5202,79220.26$253,655
Jul 19960019.55$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                1,233 bbl  × $106.41 =   $131,204
Casinghead gas       485 Mcf  × $  3.05 =     $1,477

────────────────────────────────────────────────────
Month total                                 $132,681

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/23031 is the state's own key, not one this site invented.