HEATHMAN-MILLER 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 23064District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$8.8 M
Aug 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
358
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
OilDisposition245,197 bbl$8,255,178
Casinghead gasProduction167,397 Mcf$584,405
Total$8,839,583

15,862 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 (358)

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

358 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
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 20235071.262.61$356
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023166089.042.74$14,781
Aug 2023023680.522.67$631
Jul 2023024874.852.64$655
Jun 202317224068.962.26$12,403
May 2023024870.622.23$552
Apr 2023023778.122.24$530
Mar 202317714872.852.39$13,249
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 20220166115.097.98$1,324
May 2022179248109.378.43$21,669
Apr 20220240104.226.84$1,641
Mar 2022190248108.885.08$21,946
Feb 202255322491.054.86$51,439
Jan 202218424881.844.54$16,184
Dec 2021370071.323.90$26,388
Nov 20210077.435.24$0
Oct 2021175079.795.71$13,963
Sep 2021182069.865.35$12,715
Aug 2021177066.024.22$11,686
Jul 2021177070.783.98$12,528
Jun 2021355069.493.38$24,669
May 2021174063.483.02$11,046
Apr 2021348060.362.76$21,005
Mar 2021556061.302.72$34,083
Feb 2021358057.805.55$20,692
Jan 20210050.412.81$0
Dec 2020179044.642.68$7,991
Nov 2020180038.772.71$6,979
Oct 2020178036.972.48$6,581
Sep 2020349037.091.99$12,944
Aug 2020524039.982.39$20,950
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020527014.751.80$7,773
Mar 20203581130.341.86$10,882
Feb 2020370849.881.98$18,471
Jan 202001057.252.09$21
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 201917821253.472.42$10,030
Sep 2019017455.052.66$462
Aug 20191769253.112.30$9,559
Jul 20191738456.272.46$9,941
Jun 2019352252.782.49$18,584
May 201904158.482.74$112
Apr 20191674662.632.75$10,586
Mar 20191794456.803.06$10,302
Feb 201908050.852.79$223
Jan 20191926446.033.23$9,044
Dec 201818618446.594.19$9,436
Nov 201818524852.934.24$10,843
Oct 201819315161.443.40$12,371
Sep 201817918959.543.11$11,245
Aug 2018037959.403.07$1,162
Jul 201818350565.142.93$13,401
Jun 201818748760.183.08$12,752
May 201838158665.382.90$26,610
Apr 201818645363.842.90$13,188
Mar 201837818061.222.79$23,643
Feb 20181777961.782.77$11,154
Jan 201819414262.874.01$12,766
Dec 201735714257.272.92$20,860
Nov 201754715455.423.12$30,795
Oct 201718832449.292.98$10,233
Sep 201773823947.523.09$35,808
Aug 201755728445.373.00$26,124
Jul 201774419143.873.09$33,229
Jun 201719235242.493.09$9,245
May 201718536145.373.26$9,572
Apr 201718833747.933.21$10,093
Mar 201717530646.772.98$9,098
Feb 201717331950.452.95$9,670
Jan 201718331749.413.42$10,126
Dec 201617328848.763.72$9,508
Nov 201617833042.492.64$8,436
Oct 201635941846.193.09$17,874
Sep 201617837941.553.10$8,571
Aug 201617841541.442.92$8,590
Jul 201617841941.622.92$8,634
Jun 201617730745.352.69$8,852
May 201635436942.521.99$15,787
Apr 201618139336.561.99$7,400
Mar 201617727433.011.79$6,334
Feb 201618938126.472.06$5,789
Jan 201618640727.352.36$6,049
Dec 201537041332.362.00$12,800
Nov 201518140238.792.17$7,892
Oct 201518140043.552.43$8,853
Sep 201518039042.992.76$8,814
Aug 201518842040.162.87$8,757
Jul 201536944448.152.95$19,075
Jun 201517945156.152.88$11,351
May 201519047055.212.96$11,879
Apr 201536345649.822.71$19,319
Mar 201518040242.892.93$8,900
Feb 201517739144.662.98$9,069
Jan 201518943343.433.10$9,551
Dec 201417850954.693.59$11,563
Nov 201436547970.464.25$27,755
Oct 201418249478.303.90$16,178
Sep 201435636586.164.05$32,150
Aug 201418543289.394.04$18,280
Jul 201436340596.564.18$36,744
Jun 201418255198.164.74$20,475
May 201417656494.734.73$19,338
Apr 201437052695.944.81$38,027
Mar 201418449395.895.06$20,137
Feb 201434343597.406.19$36,102
Jan 201417647390.404.86$18,210
Dec 201335651391.824.35$34,922
Nov 201317953088.853.74$17,885
Oct 201336152797.423.78$37,160
Sep 2013181537104.113.72$20,840
Aug 2013180554104.253.52$20,717
Jul 2013356552102.523.72$38,549
Jun 201335856394.403.93$36,010
May 201318058494.834.15$19,492
Apr 201335856393.964.28$36,049
Mar 201317857093.623.91$18,895
Feb 201335449591.233.42$33,988
Jan 201336057391.603.42$34,936
Dec 201217461086.773.42$17,184
Nov 201235760686.953.62$33,238
Oct 201217762789.383.40$17,952
Sep 201235643994.672.92$34,984
Aug 201237059292.662.91$36,006
Jul 201218552485.133.02$17,332
Jun 201235655179.822.52$29,804
May 201235755991.612.49$34,096
Apr 2012353539101.652.00$36,959
Mar 2012189541105.052.22$21,057
Feb 2012365480101.102.57$38,135
Jan 201237353898.092.73$38,059
Dec 201138944396.873.24$39,118
Nov 201137015795.723.31$35,936
Oct 201138236584.983.65$33,794
Sep 201155459783.623.99$48,705
Aug 201136357783.404.15$32,668
Jul 201136953294.144.52$37,141
Jun 201117952292.904.64$19,051
May 201135852198.134.40$37,425
Apr 2011357512105.964.33$40,046
Mar 201136051596.364.06$36,779
Feb 201137341785.644.18$33,687
Jan 201118243486.504.59$17,735
Dec 201037843885.734.35$34,310
Nov 201037542780.843.80$31,936
Oct 201036449578.103.51$30,165
Sep 201019251472.633.98$15,990
Aug 201035140473.684.42$27,647
Jul 201036449572.554.74$28,753
Jun 201018048170.364.91$15,027
May 201035951971.124.24$27,730
Apr 201035748781.694.12$31,171
Mar 201036150278.394.39$30,502
Feb 201035741973.585.44$28,548
Jan 201036447374.365.96$29,888
Dec 200935947871.445.48$28,268
Nov 200936048574.593.75$28,672
Oct 200935650172.544.11$27,883
Sep 200935948365.543.06$25,009
Aug 200936053767.423.22$26,000
Jul 200935854261.133.46$23,762
Jun 200936856966.163.90$26,563
May 200937555854.743.93$22,718
Apr 200933249446.773.59$17,300
Mar 200952353342.144.06$24,203
Feb 200917948932.814.63$8,139
Jan 200954354635.865.37$22,405
Dec 200867352037.105.98$28,076
Nov 2008051155.496.86$3,506
Oct 200868354975.246.92$55,189
Sep 2008165512101.767.88$20,823
Aug 2008352512114.228.48$44,549
Jul 2008350522131.0811.39$51,823
Jun 2008536475131.3313.03$76,583
May 2008357531123.1711.57$50,118
Apr 2008358539110.3110.45$45,126
Mar 2008718631101.909.66$79,262
Feb 200818222592.538.77$18,814
Jan 200836039690.388.21$35,786
Dec 200736233088.337.30$34,385
Nov 200736529091.677.29$35,574
Oct 200754033282.856.92$47,037
Sep 200735826975.846.24$28,830
Aug 200735735269.066.39$26,903
Jul 200752931670.906.39$39,525
Jun 200735830162.007.55$24,468
May 200736428058.747.85$23,578
Apr 200735827259.617.81$23,463
Mar 200754427656.927.30$32,980
Feb 200733925055.108.22$20,733
Jan 200736521350.306.73$19,792
Dec 200636629056.656.92$22,740
Nov 20063645454.207.62$20,140
Oct 20065436254.906.01$30,184
Sep 200636415060.085.04$22,625
Aug 200653027168.717.34$38,405
Jul 200636036969.376.34$27,314
Jun 200654338566.286.38$38,448
May 200654342066.016.42$38,542
Apr 200635940764.397.36$26,112
Mar 200654421156.707.08$32,339
Feb 200636223357.597.75$22,654
Jan 200654635460.598.93$36,245
Dec 200535325654.9413.42$22,828
Nov 200555323754.6910.59$32,753
Oct 200556150258.3413.80$39,654
Sep 200537046061.4512.08$28,293
Aug 200537245261.519.80$27,310
Jul 200555625555.697.84$32,964
Jun 200553338852.337.38$30,756
May 200555942145.226.65$28,078
Apr 200555542649.207.36$30,442
Mar 200555341950.377.15$30,853
Feb 200554034645.226.31$26,603
Jan 200554635343.166.32$25,797
Dec 200454937039.866.75$24,381
Nov 200455439545.286.33$27,586
Oct 200455739949.706.52$30,282
Sep 200455638943.245.28$26,097
Aug 200455245542.375.55$25,914
Jul 200455941738.286.08$23,936
Jun 200473948536.106.43$29,798
May 200456341937.486.49$23,822
Apr 200473649534.475.86$28,270
Mar 200474054034.365.53$28,413
Feb 200455747232.455.51$20,675
Jan 200475753432.036.30$27,611
Dec 200375359330.266.30$26,523
Nov 200374355628.804.60$23,953
Oct 200374644028.174.76$23,109
Sep 200374449926.314.75$21,945
Aug 200374740029.765.13$24,283
Jul 200394041629.415.17$29,796
Jun 200374657128.565.98$24,722
May 200375177426.595.97$24,592
Apr 20031,12171026.675.41$33,736
Mar 200372173131.146.10$26,908
Feb 200372732333.487.93$26,900
Jan 20039283730.315.58$28,334
Dec 20029423726.914.85$25,529
Nov 20029595524.664.14$23,876
Oct 200291211926.464.23$24,635
Sep 20021,05316227.443.64$29,483
Aug 20021,08518325.963.16$28,746
Jul 20021,07723524.583.06$27,192
Jun 20021,10541023.733.34$27,590
May 20021,10522524.663.58$28,056
Apr 20021,2649623.653.51$30,231
Mar 20021,1271,11322.003.10$28,247
Feb 20021,11496618.222.38$22,592
Jan 20021,10491817.172.38$21,137
Dec 20011,03562116.932.36$18,991
Nov 20011,42794818.072.41$28,066
Oct 20011,22566219.782.53$25,905
Sep 200198039024.262.25$24,653
Aug 200185418624.873.05$21,807
Jul 20011,21554323.933.20$30,811
Jun 20011,23725124.563.82$31,341
May 20011,39619525.524.31$36,466
Apr 20011,2148224.685.34$30,399
Mar 200104024.545.38$215
Feb 200149513827.755.77$14,532
Jan 200185128427.478.40$25,762
Dec 200085123326.889.12$25,000
Nov 200083324732.215.66$28,228
Oct 200084418731.235.15$27,320
Sep 200082425231.875.19$27,568
Aug 200084217329.644.54$25,742
Jul 20001,18618028.534.09$34,573
Jun 200071418129.304.40$21,716
May 20001,05320427.263.68$29,455
Apr 20001,06619824.513.12$26,745
Mar 200089529628.422.86$26,282
Feb 20001,26421327.622.73$35,492
Jan 20001,07137425.272.48$27,992
Dec 19991,07735324.282.42$27,005
Nov 199971339423.192.43$17,493
Oct 19991,24936620.982.80$27,230
Sep 199988950721.752.62$20,664
Aug 19991,40977219.262.88$29,357
Jul 19991,06078117.892.37$20,816
Jun 19991,42074815.942.36$24,402
May 19991,41982715.792.32$24,325
Apr 19991,07076215.102.21$17,840
Mar 19991,42386212.471.84$19,329
Feb 19991,4127699.981.82$15,490
Jan 19991,42389310.381.90$16,467
Dec 19981,4268029.201.77$14,541
Nov 19981,5901,02010.892.19$19,545
Oct 19981,7741,00212.421.97$24,006
Sep 19981,7501,07712.592.08$24,275
Aug 19982,0931,15611.301.91$25,856
Jul 19981,19649111.742.24$15,140
Jun 19982,11225511.242.24$24,309
May 19981,7731,30212.622.21$25,248
Apr 19982,3101,30613.042.51$33,394
Mar 19982,24139612.802.31$29,599
Feb 19982,49440313.952.30$35,718
Jan 19982,30477514.702.15$35,539
Dec 19972,85889416.322.41$48,798
Nov 19972,4981,10218.193.09$48,842
Oct 19973,3631,55419.253.15$69,633
Sep 19973,1451,76317.742.95$61,002
Aug 19973,0411,78617.862.55$58,875
Jul 19973,3581,83817.582.25$63,164
Jun 19973,3573,46117.242.26$65,687
May 19973,9114,67318.972.31$84,979
Apr 19974,4824,66917.882.08$89,863
Mar 19975,1854,92118.951.94$107,798
Feb 19975,8835,35720.492.21$132,360
Jan 19975,7185,04223.483.54$152,106
Dec 19965,9183,79723.32$138,008
Nov 19968,0124,18521.97$176,024
Oct 199611,9043,24223.31$277,482
Sep 199615,6913,96722.22$348,654
Aug 19961,61967120.26$32,801

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.

Dec 2023 — as filed, then multipliedworked
Oil                    5 bbl  × $ 71.26 =       $356
Casinghead gas         0 Mcf  × $  2.61 =         $0

────────────────────────────────────────────────────
Month total                                     $356

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/23064 is the state's own key, not one this site invented.