YOUNG-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 23120District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$10.5 M
Oct 1996 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
356
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
OilDisposition255,274 bbl$9,697,953
Casinghead gasProduction197,812 Mcf$818,896
Total$10,516,849

8,873 Mcf of this lease's gas, across 3 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 (356)

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

356 months

May 20260248106.413.05$755
Apr 202617021198.932.87$17,424
Mar 20261646489.753.15$14,921
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250258.593.93$8
Oct 2025024859.383.30$820
Sep 202517624062.743.08$11,781
Aug 2025124863.933.01$812
Jul 2025024066.743.32$796
Jun 202517623366.483.13$12,429
May 2025024360.553.23$785
Apr 202517824062.363.54$11,950
Mar 202517722767.704.27$12,952
Feb 2025021970.884.34$951
Jan 202517324874.324.28$13,918
Dec 2024024868.993.12$774
Nov 202417124069.052.20$12,335
Oct 2024024071.372.28$548
Sep 202416524069.612.36$12,053
Aug 2024015275.632.06$314
Jul 202417014779.932.15$13,904
Jun 2024024078.082.63$632
May 202417324878.812.20$14,179
Apr 202417924084.451.66$15,515
Mar 2024024880.301.55$383
Feb 202418323276.091.78$14,338
Jan 2024023273.023.30$765
Dec 202317024871.262.61$12,762
Nov 2023182077.892.81$14,176
Oct 20230085.443.09$0
Sep 2023177089.042.74$15,760
Aug 20230080.522.67$0
Jul 2023167074.852.64$12,500
Jun 2023175068.962.26$12,068
May 2023174070.622.23$12,288
Apr 20230078.122.24$0
Mar 2023169072.852.39$12,312
Feb 2023178075.112.47$13,370
Jan 2023175076.533.39$13,393
Dec 2022162076.415.73$12,378
Nov 20220085.005.65$0
Oct 2022180087.185.86$15,692
Sep 2022183084.888.16$15,533
Aug 2022359094.529.13$33,933
Jul 20221870101.587.54$18,995
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 201904253.112.30$97
Jul 20191495456.272.46$8,517
Jun 2019353452.782.49$18,641
May 20193551758.482.74$20,807
Apr 20190362.632.75$8
Mar 2019180156.803.06$10,227
Feb 2019176150.852.79$8,952
Jan 201901946.033.23$61
Dec 201838218246.594.19$18,559
Nov 201819619752.934.24$11,209
Oct 201841117661.443.40$25,850
Sep 20185578459.543.11$33,425
Aug 201802659.403.07$80
Jul 20183694265.142.93$24,160
Jun 2018177860.183.08$10,676
May 2018016865.382.90$487
Apr 201837719463.842.90$24,630
Mar 201819641261.222.79$13,147
Feb 201817142061.782.77$11,726
Jan 201837849262.874.01$25,737
Dec 201719143157.272.92$12,198
Nov 201718147555.423.12$11,512
Oct 201736351149.292.98$19,417
Sep 201719247847.523.09$10,600
Aug 201718953845.373.00$10,191
Jul 201737654843.873.09$18,187
Jun 201718552742.493.09$9,488
May 201717353345.373.26$9,588
Apr 201736549447.933.21$19,081
Mar 201719234046.772.98$9,994
Feb 201735542350.452.95$19,159
Jan 201717445149.413.42$10,139
Dec 201636336448.763.72$19,055
Nov 201617945342.492.64$8,804
Oct 201618153946.193.09$10,026
Sep 201635851441.553.10$16,469
Aug 201635655241.442.92$16,367
Jul 201617856941.622.92$9,072
Jun 201635046745.352.69$17,127
May 201617954142.521.99$8,688
Apr 201635653036.561.99$14,071
Mar 201617853833.011.79$6,841
Feb 201618049526.472.06$5,786
Jan 201636755427.352.36$11,347
Dec 201535956632.362.00$12,750
Nov 201518955338.792.17$8,530
Oct 201537458043.552.43$17,695
Sep 201517857842.992.76$9,247
Aug 201536060240.162.87$16,187
Jul 201517662948.152.95$10,327
Jun 201535856756.152.88$21,736
May 201536856855.212.96$21,996
Apr 201536456349.822.71$19,658
Mar 201519057042.892.93$9,822
Feb 201518848744.662.98$9,845
Jan 201536257943.433.10$17,517
Dec 201437456554.693.59$22,483
Nov 201435655470.464.25$27,439
Oct 201435951778.303.90$30,127
Sep 201417555986.164.05$17,339
Aug 201436764889.394.04$35,421
Jul 201436264096.564.18$37,630
Jun 201436964098.164.74$39,253
May 201419053394.734.73$20,518
Apr 201436760395.944.81$38,110
Mar 201436259895.895.06$37,736
Feb 201418953397.406.19$21,709
Jan 201437360990.404.86$36,679
Dec 201336662291.824.35$36,315
Nov 201337659088.853.74$35,613
Oct 201335765397.423.78$37,247
Sep 2013353686104.113.72$39,301
Aug 2013358708104.253.52$39,816
Jul 2013182699102.523.72$21,257
Jun 201353568294.403.93$53,187
May 201335768494.834.15$36,692
Apr 201335765493.964.28$36,345
Mar 201336166893.623.91$36,411
Feb 201335660491.233.42$34,544
Jan 201335869291.603.42$35,159
Dec 201218262886.773.42$17,940
Nov 201235869986.953.62$33,662
Oct 201235574289.383.40$34,252
Sep 201235751094.672.92$35,286
Aug 201236184192.662.91$35,896
Jul 201273125685.133.02$63,003
Jun 201217824979.822.52$14,835
May 201217964291.612.49$17,996
Apr 2012548634101.652.00$56,970
Mar 2012371635105.052.22$40,385
Feb 2012375653101.102.57$39,591
Jan 201238352798.092.73$39,009
Dec 201137050696.873.24$37,481
Nov 201137453195.723.31$37,558
Oct 201117967684.983.65$17,678
Sep 201155575983.623.99$49,434
Aug 201136383283.404.15$33,726
Jul 201137179494.144.52$38,513
Jun 201156180692.904.64$55,857
May 201135573998.134.40$38,091
Apr 2011387413105.964.33$42,796
Mar 201155972196.364.06$56,791
Feb 201135863885.644.18$33,326
Jan 201154066586.504.59$49,762
Dec 201035769185.734.35$33,610
Nov 201055769480.843.80$47,662
Oct 201038776878.103.51$32,920
Sep 201037372072.633.98$29,956
Aug 201053377973.684.42$42,714
Jul 201053279772.554.74$42,372
Jun 20103611,01770.364.91$30,394
May 20105351,51871.124.24$44,478
Apr 20105391,56281.694.12$50,471
Mar 20103571,60278.394.39$35,016
Feb 20105381,43173.585.44$47,374
Jan 20105311,23874.365.96$46,869
Dec 200953182671.445.48$42,464
Nov 200954283674.593.75$43,564
Oct 200953687672.544.11$42,482
Sep 200953687965.543.06$37,823
Aug 200953590567.423.22$38,982
Jul 200953989161.133.46$36,036
Jun 200953994766.163.90$39,349
May 200955494854.743.93$34,048
Apr 200954595246.773.59$28,905
Mar 200972397442.144.06$34,421
Feb 200954681732.814.63$21,699
Jan 200954389135.865.37$24,258
Dec 200874594737.105.98$33,300
Nov 200875597555.496.86$48,584
Oct 200837354675.246.92$31,844
Sep 2008587633101.767.88$64,719
Aug 2008575724114.228.48$71,818
Jul 2008386692131.0811.39$58,478
Jun 2008574603131.3313.03$83,242
May 2008586842123.1711.57$81,923
Apr 2008579840110.3110.45$72,652
Mar 2008768911101.909.66$87,063
Feb 20085671,23092.538.77$63,252
Jan 20087281,52690.388.21$78,319
Dec 20077781,40188.337.30$78,951
Nov 20075831,45291.677.29$64,031
Oct 20077711,48382.856.92$74,143
Sep 200776198475.846.24$63,858
Aug 200776795369.066.39$59,057
Jul 200776497470.906.39$60,389
Jun 200777382162.007.55$54,123
May 200776393558.747.85$52,155
Apr 200796882359.617.81$64,126
Mar 200790487056.927.30$57,808
Feb 200758773255.108.22$38,358
Jan 200796292150.306.73$54,584
Dec 200693494856.656.92$59,470
Nov 20069491,08754.207.62$59,716
Oct 20069291,05854.906.01$57,365
Sep 20061,12599460.085.04$72,597
Aug 20061,1291,21968.717.34$86,521
Jul 20069511,17769.376.34$73,436
Jun 20061,1431,08966.286.38$82,710
May 20061,3291,07766.016.42$94,647
Apr 20061,13677264.397.36$78,829
Mar 20061,46780756.707.08$88,895
Feb 20061,32554357.597.75$80,516
Jan 20061,28730160.598.93$80,668
Dec 20051331554.9413.42$7,508
Nov 200512954.6910.59$362
Oct 200556319058.3413.80$35,467
Sep 200537225761.4512.08$25,964
Aug 200537819361.519.80$25,142
Jul 200538223755.697.84$23,133
Jun 200537531752.337.38$21,964
May 200574547945.226.65$36,875
Apr 200563537149.207.36$33,973
Mar 200556148850.377.15$31,749
Feb 200572646845.226.31$35,784
Jan 200575049243.166.32$35,481
Dec 200472546139.866.75$32,011
Nov 200477449245.286.33$38,161
Oct 200477051049.706.52$41,592
Sep 200493863943.245.28$43,936
Aug 200494663742.375.55$43,618
Jul 200475450338.286.08$31,923
Jun 200493448936.106.43$36,863
May 200403637.486.49$234
Apr 20043879234.475.86$13,879
Mar 200457022134.365.53$20,807
Feb 200458224132.455.51$20,214
Jan 200456528232.036.30$19,873
Dec 200396136430.266.30$31,374
Nov 200354842928.804.60$17,754
Oct 200394552328.174.76$29,110
Sep 200394959126.314.75$27,775
Aug 200394166829.765.13$31,431
Jul 20031,12274729.415.17$36,861
Jun 200372551528.565.98$23,787
May 20031,10090526.595.97$34,654
Apr 20031,46293426.675.41$44,042
Mar 20031,26689531.146.10$44,879
Feb 20031,06186533.487.93$42,378
Jan 20031,5801,15530.315.58$54,337
Dec 20021,22987326.914.85$37,310
Nov 20021,4761,32724.664.14$41,888
Oct 20021,6111,09226.464.23$47,245
Sep 20021,25294327.443.64$37,783
Aug 20021,2481,10325.963.16$35,888
Jul 20021,5691,02024.583.06$41,689
Jun 20021,48098023.733.34$38,392
May 20021,29596624.663.58$35,397
Apr 20021,65286823.653.51$42,118
Mar 20021,29273022.003.10$30,689
Feb 20021,26553218.222.38$24,312
Jan 20021,67268317.172.38$30,331
Dec 20011,27155516.932.36$22,830
Nov 20011,79423318.072.41$32,978
Oct 20011,8313719.782.53$36,311
Sep 20011,92940824.262.25$47,716
Aug 20011,79858824.873.05$46,512
Jul 20011,82168523.933.20$45,767
Jun 20011,96446324.563.82$50,006
May 20012,1343925.524.31$54,628
Apr 20012,1874024.685.34$54,189
Mar 20012,48011924.545.38$61,499
Feb 20011,43138127.755.77$41,908
Jan 200153217227.478.40$16,059
Dec 200073427126.889.12$22,202
Nov 200071130932.215.66$24,650
Oct 200070934831.235.15$23,933
Sep 200068932231.875.19$23,628
Aug 200070535229.644.54$22,495
Jul 200099833328.534.09$29,835
Jun 200070330529.304.40$21,939
May 200088233327.263.68$25,269
Apr 200071439324.513.12$18,725
Mar 200071640528.422.86$21,507
Feb 20001,06736627.622.73$30,468
Jan 20001,07737425.272.48$28,144
Dec 199989640024.282.42$22,724
Nov 199970347823.192.43$17,466
Oct 19991,06951420.982.80$23,869
Sep 199988147621.752.62$20,408
Aug 199989048319.262.88$18,530
Jul 19991,06640617.892.37$20,034
Jun 19991,06039215.942.36$17,822
May 19991,06745015.792.32$17,892
Apr 19991,06748515.102.21$17,183
Mar 19991,07149712.471.84$14,269
Feb 19991,0674939.981.82$11,545
Jan 199989554310.381.90$10,322
Dec 19981,6075109.201.77$15,689
Nov 19981,03954810.892.19$12,512
Oct 19981,41562112.421.97$18,797
Sep 19981,23867212.592.08$16,986
Aug 19981,57960111.301.91$18,989
Jul 19981,41359511.742.24$17,920
Jun 19981,41758411.242.24$17,234
May 19981,77958812.622.21$23,748
Apr 19981,76382613.042.51$25,059
Mar 19981,77672612.802.31$24,409
Feb 19981,78486013.952.30$26,864
Jan 19982,1081,03014.702.15$33,207
Dec 19972,14496216.322.41$37,310
Nov 19972,3181,20218.193.09$45,877
Oct 19972,8551,58019.253.15$59,935
Sep 19972,4621,53917.742.95$48,223
Aug 19973,1831,49217.862.55$60,660
Jul 19972,9831,53417.582.25$55,888
Jun 19972,6411,32617.242.26$48,524
May 19973,9002,00218.972.31$78,605
Apr 19973,9642,14617.882.08$75,346
Mar 19974,4333,54318.951.94$90,876
Feb 19975,3264,79220.492.21$119,700
Jan 19976,9492,76423.483.54$172,946
Dec 199612,3034,37923.32$286,906
Nov 199610,4932,97521.97$230,531
Oct 19965,4921,51923.31$128,019

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       248 Mcf  × $  3.05 =       $755

────────────────────────────────────────────────────
Month total                                     $755

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/23120 is the state's own key, not one this site invented.