MUELLER-GAUSE 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 23098District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$12.5 M
Sep 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
357
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
OilDisposition311,326 bbl$11,581,776
Casinghead gasProduction230,217 Mcf$909,866
Total$12,491,642

18,376 Mcf of this lease's gas, across 4 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 (357)

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

357 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 202477068.993.12$5,312
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 202333071.262.61$2,352
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202308478.122.24$188
Mar 202318123372.852.39$13,743
Feb 202317422475.112.47$13,621
Jan 202335624576.533.39$28,075
Dec 202234417876.415.73$27,305
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022096101.587.54$724
Jun 2022182240115.097.98$22,861
May 20220248109.378.43$2,091
Apr 2022179240104.226.84$20,296
Mar 20220248108.885.08$1,259
Feb 202216822491.054.86$16,385
Jan 202218324881.844.54$16,102
Dec 20210071.323.90$0
Nov 2021185077.435.24$14,325
Oct 2021182079.795.71$14,522
Sep 2021179069.865.35$12,505
Aug 2021171066.024.22$11,289
Jul 2021170070.783.98$12,033
Jun 2021178069.493.38$12,369
May 2021342063.483.02$21,710
Apr 2021356060.362.76$21,488
Mar 2021178061.302.72$10,911
Feb 20210057.805.55$0
Jan 2021177050.412.81$8,923
Dec 2020177144.642.68$7,904
Nov 2020352138.772.71$13,650
Oct 2020354036.972.48$13,087
Sep 2020346037.091.99$12,833
Aug 2020529039.982.39$21,149
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020377014.751.80$5,561
Mar 2020185130.341.86$5,615
Feb 20200249.881.98$4
Jan 202017011357.252.09$9,969
Dec 201917716259.012.30$10,818
Nov 201935815355.302.75$20,218
Oct 201918816653.472.42$10,454
Sep 201936619155.052.66$20,656
Aug 201917428653.112.30$9,900
Jul 201917613856.272.46$10,243
Jun 20193545852.782.49$18,829
May 20195266458.482.74$30,936
Apr 201901962.632.75$52
Mar 2019355456.803.06$20,176
Feb 20193611050.852.79$18,385
Jan 20191832046.033.23$8,488
Dec 201839117746.594.19$18,958
Nov 201819332352.934.24$11,584
Oct 201832818461.443.40$20,778
Sep 201819413159.543.11$11,958
Aug 201818834359.403.07$12,219
Jul 20183448265.142.93$22,649
Jun 201818410860.183.08$11,405
May 201819216365.382.90$13,026
Apr 201818527163.842.90$12,597
Mar 201837654461.222.79$24,535
Feb 201834043961.782.77$22,220
Jan 201838158162.874.01$26,283
Dec 201756146257.272.92$33,478
Nov 201737230255.423.12$21,558
Oct 201736972049.292.98$20,336
Sep 201756965847.523.09$29,070
Aug 201738161145.373.00$19,122
Jul 201755871543.873.09$26,687
Jun 201736477142.493.09$17,847
May 201736721845.373.26$17,362
Apr 201717926847.933.21$9,440
Mar 201736926846.772.98$18,058
Feb 201717632150.452.95$9,827
Jan 201736135049.413.42$19,034
Dec 201636727148.763.72$18,904
Nov 201617726042.492.64$8,208
Oct 201635932246.193.09$17,577
Sep 201617939841.553.10$8,672
Aug 201634742641.442.92$15,625
Jul 201636343241.622.92$16,371
Jun 201635731345.352.69$17,031
May 201635538542.521.99$15,861
Apr 201618336736.561.99$7,421
Mar 201618837533.011.79$6,879
Feb 201637636226.472.06$10,700
Jan 201635838427.352.36$10,699
Dec 201517439132.362.00$6,413
Nov 201536539238.792.17$15,008
Oct 201519239543.552.43$9,320
Sep 201537539742.992.76$17,216
Aug 201518044840.162.87$8,516
Jul 201537054248.152.95$19,412
Jun 201518825056.152.88$11,277
May 201536245255.212.96$21,322
Apr 201535942749.822.71$19,041
Mar 201518241542.892.93$9,024
Feb 201537933944.662.98$17,935
Jan 201536545043.433.10$17,247
Dec 201436948954.693.59$21,937
Nov 201418148870.464.25$14,828
Oct 201436443178.303.90$30,183
Sep 201453951186.164.05$48,507
Aug 201435944489.394.04$33,883
Jul 201453961496.564.18$54,612
Jun 201455456498.164.74$57,052
May 201436961794.734.73$37,872
Apr 201455157495.944.81$55,623
Mar 201456159195.895.06$56,783
Feb 201454853597.406.19$56,688
Jan 201455260590.404.86$52,842
Dec 201355962291.824.35$54,036
Nov 201355261288.853.74$51,333
Oct 201354266597.423.78$55,315
Sep 2013536669104.113.72$58,290
Aug 2013730822104.253.52$78,998
Jul 2013542418102.523.72$57,120
Jun 201353873094.403.93$53,659
May 201372274894.834.15$71,571
Apr 201371473593.964.28$70,235
Mar 20137101,56093.623.91$72,574
Feb 201371172691.233.42$67,347
Jan 201390482791.603.42$85,635
Dec 20121,10898186.773.42$99,496
Nov 201272763886.953.62$65,525
Oct 20121,07983889.383.40$99,290
Sep 20121,61654194.672.92$154,566
Aug 201253419892.662.91$50,056
Jul 20120085.133.02$0
Jun 201236567679.822.52$30,837
May 201254385291.612.49$51,864
Apr 2012709792101.652.00$73,651
Mar 2012560794105.052.22$60,592
Feb 2012377667101.102.57$39,829
Jan 201236557498.092.73$37,372
Dec 201136259396.873.24$36,988
Nov 201135560395.723.31$35,977
Oct 201135869984.983.65$32,973
Sep 201154068483.623.99$47,881
Aug 201135575183.404.15$32,723
Jul 201138463294.144.52$39,005
Jun 201136867492.904.64$37,314
May 201137567198.134.40$39,754
Apr 2011361613105.964.33$40,908
Mar 201136565196.364.06$37,813
Feb 201136746385.644.18$33,365
Jan 201136434286.504.59$33,055
Dec 201055353285.734.35$49,722
Nov 201037735280.843.80$31,813
Oct 201036342478.103.51$29,838
Sep 201036136972.633.98$27,688
Aug 201035860873.684.42$29,064
Jul 201054068472.554.74$42,417
Jun 201035963770.364.91$28,387
May 201053950171.124.24$40,456
Apr 201035961381.694.12$31,854
Mar 201054264678.394.39$45,322
Feb 201036062273.585.44$29,874
Jan 201053763674.365.96$43,724
Dec 200953869971.445.48$42,268
Nov 200936468074.593.75$29,702
Oct 200953574772.544.11$41,879
Sep 200953968465.543.06$37,422
Aug 200953854967.423.22$38,039
Jul 200935964961.133.46$24,194
Jun 200954767266.163.90$38,807
May 200955668354.743.93$33,117
Apr 200936362346.773.59$19,213
Mar 200954563742.144.06$25,552
Feb 200954359132.814.63$20,554
Jan 200954064935.865.37$22,850
Dec 200853069337.105.98$23,805
Nov 200851977155.496.86$34,089
Oct 200889089075.246.92$73,124
Sep 2008344360101.767.88$37,841
Aug 2008520794114.228.48$66,130
Jul 2008534677131.0811.39$77,707
Jun 2008710703131.3313.03$102,406
May 2008710709123.1711.57$95,657
Apr 2008700722110.3110.45$84,765
Mar 2008537730101.909.66$61,775
Feb 200871566992.538.77$72,026
Jan 200871771290.388.21$70,645
Dec 200772775588.337.30$69,729
Nov 200772268591.677.29$71,181
Oct 200766866782.856.92$59,961
Sep 20077101,13375.846.24$60,921
Aug 20077181,42069.066.39$58,656
Jul 20078991,43770.906.39$72,919
Jun 20077221,49762.007.55$56,064
May 20077251,33458.747.85$53,053
Apr 200772572959.617.81$48,907
Mar 20079061,34956.927.30$61,420
Feb 20079101,24355.108.22$60,353
Jan 20079021,34850.306.73$54,438
Dec 20069161,38056.656.92$61,439
Nov 20069131,35154.207.62$59,776
Oct 20069071,42654.906.01$58,370
Sep 20061,0961,36760.085.04$72,734
Aug 200689483768.717.34$67,570
Jul 200686186369.376.34$65,201
Jun 20061,0801,09966.286.38$78,598
May 20068861,12466.016.42$65,707
Apr 200690747964.397.36$61,927
Mar 20061854456.707.08$10,801
Feb 20060057.597.75$0
Jan 200672149960.598.93$48,143
Dec 200576198154.9413.42$54,970
Nov 200574197654.6910.59$50,860
Oct 20059241,04758.3413.80$68,350
Sep 200537130661.4512.08$26,494
Aug 200575319361.519.80$48,208
Jul 20055603855.697.84$31,484
Jun 200592113252.337.38$49,170
May 200555428345.226.65$26,934
Apr 20059232349.207.36$45,581
Mar 200555115950.377.15$28,892
Feb 200573024045.226.31$34,525
Jan 200592622443.166.32$41,382
Dec 200472022839.866.75$30,238
Nov 200493127445.286.33$43,890
Oct 200474625149.706.52$38,711
Sep 200490612243.245.28$39,820
Aug 20049367142.375.55$40,052
Jul 200490720438.286.08$35,961
Jun 200474620836.106.43$28,269
May 200493844837.486.49$38,066
Apr 20041,11629834.475.86$40,214
Mar 20041,30547334.365.53$47,456
Feb 20041,69140332.455.51$57,093
Jan 2004182532.036.30$5,861
Dec 20031931230.266.30$5,916
Nov 20033729028.804.60$11,127
Oct 200373812428.174.76$21,380
Sep 200356616926.314.75$15,694
Aug 200336811729.765.13$11,552
Jul 20035634129.415.17$16,770
Jun 200319013128.565.98$6,210
May 200355916926.595.97$15,873
Apr 20033591,68426.675.41$18,680
Mar 20032,3353,19131.146.10$92,164
Feb 20034,1795,19233.487.93$181,064
Jan 20037,6115,30530.315.58$260,302
Dec 200290860526.914.85$27,371
Nov 20021,02648924.664.14$27,324
Oct 200289567226.464.23$26,524
Sep 20021,06564227.443.64$31,557
Aug 20021,19951425.963.16$32,752
Jul 200289659224.583.06$23,836
Jun 20021,26660323.733.34$32,055
May 20021,10057124.663.58$29,172
Apr 20021,30177323.653.51$33,484
Mar 20021,25185622.003.10$30,178
Feb 20021,08476018.222.38$21,556
Jan 20021,49095217.172.38$27,845
Dec 20011,4481,12816.932.36$27,182
Nov 20011,6421,23618.072.41$32,644
Oct 20012,3071,08819.782.53$48,384
Sep 20012,6951,91724.262.25$69,696
Aug 20012,4572,12524.873.05$67,594
Jul 20011,9541,00423.933.20$49,969
Jun 20012,8491,20624.563.82$74,583
May 20013,1991,30525.524.31$87,260
Apr 20013,22683424.685.34$84,067
Mar 20013,04534524.545.38$76,579
Feb 20011,37742627.755.77$40,669
Jan 200168132327.478.40$21,420
Dec 200091451626.889.12$29,276
Nov 200087854532.215.66$31,364
Oct 20001,21856531.235.15$40,945
Sep 200084555131.875.19$29,788
Aug 20001,19552029.644.54$37,781
Jul 20001,02856128.534.09$31,623
Jun 20001,42458829.304.40$44,309
May 20001,06856027.263.68$31,174
Apr 20001,07254124.513.12$27,960
Mar 20001,25062728.422.86$37,318
Feb 20001,07858327.622.73$31,364
Jan 20001,43260825.272.48$37,695
Dec 19991,44058024.282.42$36,369
Nov 19991,23764223.192.43$30,249
Oct 19991,42761520.982.80$31,663
Sep 199952736321.752.62$12,413
Aug 19991,76470819.262.88$36,011
Jul 19991,77389117.892.37$33,833
Jun 19991,60437215.942.36$26,446
May 19991,41879115.792.32$24,226
Apr 19991,07677715.102.21$17,963
Mar 19991,43377412.471.84$19,292
Feb 19991,4274699.981.82$15,094
Jan 19991,78946310.381.90$19,450
Dec 19981,4208409.201.77$14,554
Nov 19981,76681810.892.19$21,020
Oct 19981,60086012.421.97$21,566
Sep 19981,94778912.592.08$26,156
Aug 19982,06675811.301.91$24,792
Jul 19981,76945411.742.24$21,784
Jun 19982,11413711.242.24$24,068
May 19982,13077712.622.21$28,595
Apr 19982,13796113.042.51$30,274
Mar 19982,5071,00612.802.31$34,413
Feb 19982,4991,18213.952.30$37,579
Jan 19982,8231,58814.702.15$44,920
Dec 19973,1921,86216.322.41$56,583
Nov 19973,0241,29418.193.09$59,003
Oct 19973,2121,48819.253.15$66,518
Sep 19973,3591,48117.742.95$63,965
Aug 19973,1961,58817.862.55$61,137
Jul 19973,5412,17817.582.25$67,145
Jun 19973,0282,37717.242.26$57,568
May 19974,2824,24518.972.31$91,029
Apr 19974,7914,79817.882.08$95,656
Mar 19975,7665,91618.951.94$120,738
Feb 19976,5659,36020.492.21$155,164
Jan 19976,6166,48923.483.54$178,313
Dec 19968,7304,41023.32$203,584
Nov 199613,0019,30921.97$285,632
Oct 199611,4212,87423.31$266,224
Sep 19966,4251,78322.22$142,764

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 2024 — as filed, then multipliedworked
Oil                   77 bbl  × $ 68.99 =     $5,312
Casinghead gas         0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $5,312

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/23098 is the state's own key, not one this site invented.