CAIN UNIT "A"

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 23069District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$2.4 M
Aug 1996 – Jul 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
324
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
OilDisposition52,503 bbl$1,995,341
Casinghead gasProduction84,383 Mcf$391,050
Total$2,386,390

6,719 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.

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 29.9666, -97.0629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.96664, -97.06293 · 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
11,600 ft
1 wells filed one
Completion to plug
26.7 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 11,600 ft.

Completions filed
Aug 1996
1 of 1 wells
Plug dates filed
Apr 2023
1 of 1 wells

Last completion to plug: a median of 26.7 years across the 1 well that filed both dates, with the middle half between 26.7 years and 26.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-149306712RE11,600 ftAug 1996Apr 2023Yes

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 (324)

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

324 months

Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
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 202200115.097.98$0
May 202200109.378.43$0
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 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
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 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012147598.092.73$14,433
Dec 201101396.873.24$42
Nov 201101995.723.31$63
Oct 20111912784.983.65$16,330
Sep 201103083.623.99$120
Aug 20111843483.404.15$15,487
Jul 201103094.144.52$136
Jun 20111832992.904.64$17,135
May 201102298.134.40$97
Apr 2011038105.964.33$165
Mar 20111862196.364.06$18,008
Feb 201102685.644.18$109
Jan 20111932186.504.59$16,791
Dec 20101942385.734.35$16,732
Nov 201003180.843.80$118
Oct 201003878.103.51$133
Sep 20101891572.633.98$13,787
Aug 201003973.684.42$172
Jul 20101866472.554.74$13,797
Jun 201003770.364.91$182
May 20101905771.124.24$13,754
Apr 201005981.694.12$243
Mar 201018410278.394.39$14,871
Feb 201007673.585.44$414
Jan 20101888474.365.96$14,481
Dec 200918514171.445.48$13,990
Nov 200936844374.593.75$29,111
Oct 2009028772.544.11$1,180
Sep 200918446365.543.06$13,478
Aug 200918565867.423.22$14,590
Jul 200937074061.133.46$25,182
Jun 200919273366.163.90$15,558
May 200919248854.743.93$12,426
Apr 200938946146.773.59$19,847
Mar 200920036742.144.06$9,918
Feb 200919638632.814.63$8,219
Jan 200938866435.865.37$17,480
Dec 200819661737.105.98$10,960
Nov 200819758355.496.86$14,931
Oct 200839052075.246.92$32,943
Sep 2008191363101.767.88$22,296
Aug 2008194434114.228.48$25,840
Jul 2008193450131.0811.39$30,424
Jun 2008260325131.3313.03$38,381
May 2008193433123.1711.57$28,783
Apr 2008194404110.3110.45$25,624
Mar 2008195393101.909.66$23,668
Feb 200819533992.538.77$21,017
Jan 2008035890.388.21$2,938
Dec 200719638288.337.30$20,102
Nov 200719537791.677.29$20,625
Oct 200718637782.856.92$18,020
Sep 200719339675.846.24$17,110
Aug 200719043369.066.39$15,887
Jul 200719438170.906.39$16,188
Jun 200720525162.007.55$14,605
May 200721228658.747.85$14,697
Apr 200740129959.617.81$26,237
Mar 200722038456.927.30$15,326
Feb 200719524655.108.22$12,766
Jan 200721853550.306.73$14,564
Dec 200619755156.656.92$14,972
Nov 200619658454.207.62$15,072
Oct 200621358754.906.01$15,224
Sep 200619147160.085.04$13,848
Aug 200618857068.717.34$17,101
Jul 200619244269.376.34$16,123
Jun 2006226866.286.38$1,843
May 200618618866.016.42$13,486
Apr 200638066664.397.36$29,370
Mar 200620173456.707.08$16,596
Feb 200638079757.597.75$28,062
Jan 200620057760.598.93$17,273
Dec 200518478754.9413.42$20,667
Nov 200536982054.6910.59$28,863
Oct 200552975058.3413.80$41,209
Sep 20052467161.4512.08$9,580
Aug 200535779761.519.80$29,767
Jul 200536781255.697.84$26,807
Jun 200537474052.337.38$25,033
May 200575173545.226.65$38,849
Apr 200536251249.207.36$21,579
Mar 200558164050.377.15$33,844
Feb 200553968645.226.31$28,704
Jan 200573462743.166.32$35,643
Dec 200418450839.866.75$10,764
Nov 200436343945.286.33$19,216
Oct 200436741349.706.52$20,931
Sep 200437333243.245.28$17,883
Aug 200419231942.375.55$9,906
Jul 200437516638.286.08$15,365
Jun 200419215236.106.43$7,909
May 200437016837.486.49$14,959
Apr 200417414334.475.86$6,836
Mar 200437518934.365.53$13,930
Feb 200418325432.455.51$7,338
Jan 2004188132.036.30$6,028
Dec 200319028530.266.30$7,545
Nov 200338128028.804.60$12,259
Oct 200318925528.174.76$6,538
Sep 200336915826.314.75$10,459
Aug 200337516629.765.13$12,012
Jul 200319218729.415.17$6,614
Jun 200355020128.565.98$16,911
May 20031,10828526.595.97$31,164
Apr 20031,10345026.675.41$31,850
Mar 20031,11745331.146.10$37,545
Feb 200373544533.487.93$28,135
Jan 20031885130.315.58$5,983
Dec 20023594826.914.85$9,894
Nov 2002819724.664.14$1,012
Oct 200218131626.464.23$6,126
Sep 200236044827.443.64$11,507
Aug 200236438725.963.16$10,674
Jul 2002851424.583.06$1,770
Jun 200256057823.733.34$15,218
May 200237056424.663.58$11,146
Apr 200238248223.653.51$10,727
Mar 200218759222.003.10$5,951
Feb 200236255218.222.38$7,907
Jan 200235063217.172.38$7,511
Dec 200137356816.932.36$7,658
Nov 200137554318.072.41$8,082
Oct 200119860419.782.53$5,444
Sep 200137458924.262.25$10,399
Aug 200154647024.873.05$15,014
Jul 200136650223.933.20$10,363
Jun 2001045324.563.82$1,732
May 200118363725.524.31$7,414
Apr 200174066324.685.34$21,801
Mar 200138363124.545.38$12,791
Feb 20011754227.755.77$3,598
Jan 200136853627.478.40$14,611
Dec 200036760426.889.12$15,375
Nov 200018255532.215.66$9,002
Oct 200018256831.235.15$8,607
Sep 200035852231.875.19$14,117
Aug 200035851529.644.54$12,950
Jul 200037028628.534.09$11,726
Jun 200035636829.304.40$12,049
May 200035740727.263.68$11,229
Apr 2000033124.513.12$1,031
Mar 2000179028.422.86$5,087
Feb 200019020027.622.73$5,793
Jan 200037426825.272.48$10,116
Dec 1999626324.282.42$783
Nov 199938025723.192.43$9,438
Oct 199935227220.982.80$8,148
Sep 199917930621.752.62$4,695
Aug 199937733319.262.88$8,219
Jul 199936121217.892.37$6,961
Jun 1999019415.942.36$458
May 199936421115.792.32$6,237
Apr 199936422315.102.21$5,989
Mar 199936324212.471.84$4,971
Feb 1999112019.981.82$475
Jan 199936822810.381.90$4,253
Dec 19985422049.201.77$5,348
Nov 199836119310.892.19$4,353
Oct 199818420312.421.97$2,685
Sep 199837126912.592.08$5,231
Aug 199819139511.301.91$2,912
Jul 199836142211.742.24$5,182
Jun 199836348511.242.24$5,165
May 199836556712.622.21$5,857
Apr 199873164213.042.51$11,141
Mar 199837580412.802.31$6,657
Feb 199873083213.952.30$12,096
Jan 19983661,00114.702.15$7,537
Dec 199701,00416.322.41$2,421
Nov 19975661,05018.193.09$13,538
Oct 199701,09919.253.15$3,462
Sep 19973661,11917.742.95$9,799
Aug 199701,23017.862.55$3,142
Jul 19973541,06817.582.25$8,623
Jun 19971871,19217.242.26$5,914
May 19971821,56118.972.31$7,056
Apr 19971831,51917.882.08$6,436
Mar 19972031,09018.951.94$5,961
Feb 199738094920.492.21$9,880
Jan 19975571,50323.483.54$18,399
Dec 19968581,83823.32$20,009
Nov 19966571,57621.97$14,434
Oct 19967451,52323.31$17,366
Sep 19965461,07322.22$12,132
Aug 199637070920.26$7,496

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.

Jan 2012 — as filed, then multipliedworked
Oil                  147 bbl  × $ 98.09 =    $14,419
Casinghead gas         5 Mcf  × $  2.73 =        $14

────────────────────────────────────────────────────
Month total                                  $14,433

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/23069 is the state's own key, not one this site invented.