RATTLESNAKE UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23227District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$10.6 M
Apr 1997 – May 2026
Value, last 12 filed months
$230 k
at the published price for each month
Months reported
350
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 598 leases and 630 wells, and the rule below applies to all of them.

Discovered
1977-03-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-05-16.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858.

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
OilDisposition344,225 bbl$9,742,707
Casinghead gasProduction234,407 Mcf$876,578
Total$10,619,285

Every month this lease reported (350)

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

350 months

May 2026179248106.413.05$19,803
Apr 202617824098.932.87$18,298
Mar 202634624889.753.15$31,835
Feb 202617922463.503.75$12,207
Jan 202617621659.138.00$12,134
Dec 202533924356.664.41$20,280
Nov 202536023358.593.93$22,007
Oct 202534824659.383.30$21,477
Sep 202518316262.743.08$11,980
Aug 202535416863.933.01$23,138
Jul 202536224766.743.32$24,979
Jun 202517424066.483.13$12,318
May 202517222860.553.23$11,152
Apr 202517621462.363.54$11,734
Mar 202535324867.704.27$24,957
Feb 202535114070.884.34$25,487
Jan 202506474.324.28$274
Dec 202436524668.993.12$25,949
Nov 202435024069.052.20$24,695
Oct 202435924871.372.28$26,188
Sep 202435924069.612.36$25,557
Aug 202436524875.632.06$28,117
Jul 202434524479.932.15$28,100
Jun 202417024078.082.63$13,906
May 202418024178.812.20$14,716
Apr 202417924084.451.66$15,515
Mar 202438224880.301.55$31,058
Feb 202436323276.091.78$28,034
Jan 202418524873.023.30$14,327
Dec 202318024871.262.61$13,474
Nov 202319124077.892.81$15,551
Oct 202336324885.443.09$31,780
Sep 202317424089.042.74$16,149
Aug 202335024880.522.67$28,845
Jul 202317624874.852.64$13,829
Jun 202336224068.962.26$25,506
May 202317124870.622.23$12,628
Apr 202317923378.122.24$14,505
Mar 202318024872.852.39$13,707
Feb 202317022475.112.47$13,321
Jan 202334124876.533.39$26,937
Dec 202217920476.415.73$14,846
Nov 202219124085.005.65$17,590
Oct 202218024887.185.86$17,147
Sep 202218024084.888.16$17,238
Aug 202218324894.529.13$19,561
Jul 2022189248101.587.54$21,069
Jun 2022187240115.097.98$23,436
May 2022364248109.378.43$41,902
Apr 2022189240104.226.84$21,339
Mar 2022185248108.885.08$21,402
Feb 202237022491.054.86$34,777
Jan 202217024881.844.54$15,038
Dec 2021533071.323.90$38,014
Nov 20210077.435.24$0
Oct 2021169079.795.71$13,485
Sep 2021179069.865.35$12,505
Aug 2021176066.024.22$11,620
Jul 2021178070.783.98$12,599
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021179061.302.72$10,973
Feb 2021177057.805.55$10,231
Jan 2021185050.412.81$9,326
Dec 2020178044.642.68$7,946
Nov 2020188038.772.71$7,289
Oct 2020358036.972.48$13,235
Sep 20200037.091.99$0
Aug 2020164039.982.39$6,557
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020179014.751.80$2,640
Mar 2020175030.341.86$5,310
Feb 2020171049.881.98$8,529
Jan 2020189057.252.09$10,820
Dec 2019180059.012.30$10,622
Nov 2019187155.302.75$10,344
Oct 201917925153.472.42$10,178
Sep 201918220055.052.66$10,551
Aug 201916626553.112.30$9,427
Jul 201916718156.272.46$9,842
Jun 20191717852.782.49$9,220
May 201916816658.482.74$10,280
Apr 201936017162.632.75$23,017
Mar 201917713856.803.06$10,476
Feb 2019013950.852.79$388
Jan 201917825046.033.23$9,000
Dec 201819023246.594.19$9,823
Nov 201816123252.934.24$9,505
Oct 201816324361.443.40$10,840
Sep 201833224659.543.11$20,532
Aug 2018034059.403.07$1,043
Jul 201818331965.142.93$12,856
Jun 201817935160.183.08$11,852
May 201818236965.382.90$12,970
Apr 201838236463.842.90$25,443
Mar 201819439061.222.79$12,964
Feb 201818620961.782.77$12,069
Jan 2018030962.874.01$1,239
Dec 2017021757.272.92$634
Nov 2017021855.423.12$680
Oct 201703649.292.98$107
Sep 2017021247.523.09$655
Aug 201718126245.373.00$8,999
Jul 201718329543.873.09$8,939
Jun 2017035942.493.09$1,108
May 2017039545.373.26$1,289
Apr 201717934647.933.21$9,691
Mar 201718131146.772.98$9,393
Feb 201716532650.452.95$9,287
Jan 201716938549.413.42$9,667
Dec 2016024348.763.72$905
Nov 2016010942.492.64$288
Oct 201617836646.193.09$9,353
Sep 201617736141.553.10$8,474
Aug 2016044041.442.92$1,287
Jul 201618138641.622.92$8,662
Jun 201619345745.352.69$9,980
May 201635847142.521.99$16,160
Apr 201619944836.561.99$8,167
Mar 201618447633.011.79$6,928
Feb 201618243826.472.06$5,721
Jan 201617946527.352.36$5,995
Dec 201518645532.362.00$6,930
Nov 201518043438.792.17$7,923
Oct 201518346943.552.43$9,108
Sep 201537346842.992.76$17,326
Aug 201517949440.162.87$8,608
Jul 201518150248.152.95$10,194
Jun 201518146756.152.88$11,509
May 201518043955.212.96$11,235
Apr 201518635649.822.71$10,230
Mar 201518733342.892.93$8,998
Feb 201518824344.662.98$9,119
Jan 201537225543.433.10$16,947
Dec 201419235354.693.59$11,768
Nov 201418835070.464.25$14,735
Oct 201437237578.303.90$30,590
Sep 2014039686.164.05$1,602
Aug 201417145789.394.04$17,130
Jul 201417944696.564.18$19,148
Jun 201419445598.164.74$21,198
May 201438445994.734.73$38,546
Apr 201419443695.944.81$20,709
Mar 201417837395.895.06$18,955
Feb 201419929497.406.19$21,203
Jan 2014033990.404.86$1,648
Dec 2013037091.824.35$1,611
Nov 201318742388.853.74$18,196
Oct 201318549897.423.78$19,905
Sep 2013191519104.113.72$21,815
Aug 2013193482104.253.52$21,818
Jul 2013378541102.523.72$40,764
Jun 201318956994.403.93$20,080
May 2013048494.834.15$2,008
Apr 201318333993.964.28$18,646
Mar 201337837593.623.91$36,856
Feb 201319142291.233.42$18,868
Jan 201318847091.603.42$18,828
Dec 201218345886.773.42$17,445
Nov 201237946086.953.62$34,622
Oct 201218848989.383.40$18,466
Sep 201235435094.672.92$34,535
Aug 201218545892.662.91$18,474
Jul 20123739985.133.02$32,053
Jun 201236743379.822.52$30,385
May 201218047391.612.49$17,667
Apr 2012358431101.652.00$37,251
Mar 2012192453105.052.22$21,176
Feb 2012385353101.102.57$39,831
Jan 201219438798.092.73$20,088
Dec 201137540396.873.24$37,632
Nov 201138940395.723.31$38,570
Oct 201119546684.983.65$18,271
Sep 20113859683.623.99$32,576
Aug 201137010183.404.15$31,277
Jul 201118510194.144.52$17,872
Jun 20113849892.904.64$36,128
May 20111939998.134.40$19,375
Apr 201137297105.964.33$39,837
Mar 201137320196.364.06$36,758
Feb 2011047485.644.18$1,981
Jan 201137641286.504.59$34,415
Dec 201018042285.734.35$17,266
Nov 201036845080.843.80$31,457
Oct 201036341278.103.51$29,796
Sep 201036336672.633.98$27,821
Aug 201037640673.684.42$29,498
Jul 201018646272.554.74$15,683
Jun 201036447070.364.91$27,919
May 201036754571.124.24$28,409
Apr 201036643081.694.12$31,671
Mar 201017748878.394.39$16,017
Feb 201037646073.585.44$30,170
Jan 201036452374.365.96$30,186
Dec 200935752671.445.48$28,389
Nov 200936553074.593.75$29,214
Oct 200936157472.544.11$28,546
Sep 200935858465.543.06$25,253
Aug 200936364867.423.22$26,559
Jul 200918071461.133.46$13,477
Jun 200939152466.163.90$27,910
May 200939371354.743.93$24,312
Apr 2009076846.773.59$2,755
Mar 200958691442.144.06$28,404
Feb 200919575932.814.63$9,914
Jan 20093981,00735.865.37$19,681
Dec 20083961,20537.105.98$21,894
Nov 20085891,20255.496.86$40,930
Oct 20085931,37975.246.92$54,163
Sep 2008391641101.767.88$44,837
Aug 2008380764114.228.48$49,885
Jul 2008393874131.0811.39$61,469
Jun 2008192782131.3313.03$35,407
May 2008394873123.1711.57$58,633
Apr 2008389727110.3110.45$50,511
Mar 20085601,092101.909.66$67,617
Feb 200858795192.538.77$62,656
Jan 200860296890.388.21$62,352
Dec 20073941,16088.337.30$43,272
Nov 20077701,17391.677.29$79,139
Oct 20075681,24682.856.92$55,684
Sep 20077721,15875.846.24$65,779
Aug 20077891,44069.066.39$63,687
Jul 20077441,61870.906.39$63,085
Jun 20077921,34062.007.55$59,219
May 20079511,45458.747.85$67,270
Apr 20079771,60959.617.81$70,798
Mar 20071,3471,95756.927.30$90,961
Feb 20071,9232,54255.108.22$126,842
Jan 20071,8471,59350.306.73$103,620
Dec 2006020856.656.92$1,439
Nov 200618135354.207.62$12,499
Oct 200634239054.906.01$21,121
Sep 200618838260.085.04$13,219
Aug 200637244168.717.34$28,797
Jul 200618844669.376.34$15,870
Jun 200619239666.286.38$15,254
May 200618943266.016.42$15,251
Apr 200637029864.397.36$26,018
Mar 200618736556.707.08$13,188
Feb 200618626357.597.75$12,750
Jan 200636829560.598.93$24,932
Dec 200537435954.9413.42$25,364
Nov 200517724054.6910.59$12,221
Oct 200537732858.3413.80$26,519
Sep 200520140661.4512.08$17,256
Aug 200554646561.519.80$38,140
Jul 200517527955.697.84$11,934
Jun 200518623452.337.38$11,461
May 200534022145.226.65$16,845
Apr 200518830749.207.36$11,509
Mar 200536830950.377.15$20,747
Feb 200519026345.226.31$10,252
Jan 200537143243.166.32$18,744
Dec 200417055239.866.75$10,503
Nov 200456197645.286.33$31,581
Oct 200417817849.706.52$10,006
Sep 200434016643.245.28$15,579
Aug 200419019642.375.55$9,138
Jul 200419319238.286.08$8,556
Jun 200417719936.106.43$7,670
May 200418815837.486.49$8,072
Apr 200433015534.475.86$12,283
Mar 200417117234.365.53$6,827
Feb 200417815532.455.51$6,630
Jan 200433414732.036.30$11,624
Dec 200318816030.266.30$6,697
Nov 200317016028.804.60$5,631
Oct 200335621228.174.76$11,038
Sep 200318622726.314.75$5,972
Aug 200318923729.765.13$6,840
Jul 200336722329.415.17$11,947
Jun 200319019828.565.98$6,611
May 200318124426.595.97$6,270
Apr 200352921326.675.41$15,260
Mar 2003120231.146.10$1,263
Feb 200335816933.487.93$13,325
Jan 200317916830.315.58$6,363
Dec 200233315726.914.85$9,723
Nov 200233518824.664.14$9,039
Oct 200216424126.464.23$5,359
Sep 200231919727.443.64$9,469
Aug 200235813425.963.16$9,718
Jul 200249111924.583.06$12,433
Jun 200217813323.733.34$4,668
May 20023598824.663.58$9,168
Apr 20023447323.653.51$8,392
Mar 20021737722.003.10$4,045
Feb 20023525018.222.38$6,532
Jan 2002355817.172.38$6,114
Dec 200132318216.932.36$5,899
Nov 200135514918.072.41$6,773
Oct 200135612319.782.53$7,353
Sep 200117911924.262.25$4,610
Aug 200151915024.873.05$13,366
Jul 200135517723.933.20$9,061
Jun 200135620524.563.82$9,527
May 200135316925.524.31$9,737
Apr 200153218424.685.34$14,111
Mar 200118014524.545.38$5,197
Feb 200135720627.755.77$11,095
Jan 20013629327.478.40$10,725
Dec 20007106426.889.12$19,669
Nov 20001807432.215.66$6,216
Oct 200032718431.235.15$11,159
Sep 200085731731.875.19$28,957
Aug 20001,40526029.644.54$42,825
Jul 20001,16121528.534.09$34,003
Jun 20001,72720129.304.40$51,485
May 20001,7684227.263.68$48,350
Apr 20001931624.513.12$4,780
Mar 20002,5011,25328.422.86$74,662
Feb 20002,8571,46027.622.73$82,891
Jan 20001,61497525.272.48$43,204
Dec 19991,7601,27324.282.42$45,818
Nov 19991,08782123.192.43$27,206
Oct 19991,6051,33220.982.80$37,407
Sep 19991,5941,34721.752.62$38,197
Aug 19992,1061,40519.262.88$44,602
Jul 19991,9671,22217.892.37$38,089
Jun 19991,7771,37215.942.36$31,566
May 19991,7802,02215.792.32$32,799
Apr 19991,9801,63515.102.21$33,508
Mar 19992,3551,81412.471.84$32,702
Feb 19992,0181,3059.981.82$22,512
Jan 19992,5391,82010.381.90$29,813
Dec 19982,1721,6389.201.77$22,887
Nov 19982,3501,68010.892.19$29,264
Oct 19982,7121,96212.421.97$37,547
Sep 19983,0481,74912.592.08$42,017
Aug 19983,0511,61811.301.91$37,562
Jul 19983,03249811.742.24$36,710
Jun 19983,3651,58011.242.24$41,357
May 19986,2153,03712.622.21$85,134
Apr 19989,7534,46313.042.51$138,360
Mar 199815,1074,74412.802.31$204,326
Feb 19988,5922,24313.952.30$125,015
Jan 19988,0523,81514.702.15$126,585
Dec 19977,4966,89716.322.41$138,964
Nov 19978,4197,62618.193.09$176,693
Oct 199711,5006,80819.253.15$242,819
Sep 199712,0987,71217.742.95$237,407
Aug 199715,9436,12317.862.55$300,385
Jul 199722,6608,66317.582.25$417,828
Jun 199726,26411,05617.242.26$477,747
May 199724,7069,03318.972.31$489,526
Apr 199726,7429,73817.882.08$498,429

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                  179 bbl  × $106.41 =    $19,047
Casinghead gas       248 Mcf  × $  3.05 =       $755

────────────────────────────────────────────────────
Month total                                  $19,803

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/23227 is the state's own key, not one this site invented.