IVORY 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 23282District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$19.3 M
Jun 1997 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
348
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
OilDisposition328,609 bbl$7,617,697
Casinghead gasProduction3,620,176 Mcf$11,687,143
Total$19,304,840

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 30.0599, -96.7848. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.05992, -96.78482 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,390 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 13,390 ft.

Completions filed
Jun 1997
1 of 1 wells

1 well

42-14932996113,390 ftJun 1997

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 (348)

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

348 months

May 202614129106.413.05$15,092
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202616815659.138.00$11,182
Dec 2025040256.664.41$1,774
Nov 20250058.593.93$0
Oct 202502459.383.30$79
Sep 20250062.743.08$0
Aug 2025013763.933.01$413
Jul 2025025166.743.32$832
Jun 2025047966.483.13$1,499
May 2025077460.553.23$2,502
Apr 2025081962.363.54$2,902
Mar 202501,04867.704.27$4,473
Feb 20251791,80970.884.34$20,540
Jan 2025050674.324.28$2,165
Dec 2024078368.993.12$2,444
Nov 20241771,57669.052.20$15,687
Oct 2024058771.372.28$1,339
Sep 2024065569.612.36$1,549
Aug 202401,24175.632.06$2,561
Jul 2024065279.932.15$1,400
Jun 2024021078.082.63$553
May 2024021778.812.20$477
Apr 202417327884.451.66$15,071
Mar 20241631,17180.301.55$14,898
Feb 202401,11876.091.78$1,994
Jan 202401,24073.023.30$4,089
Dec 20231071,26471.262.61$10,925
Nov 20231751,19477.892.81$16,983
Oct 202301,23985.443.09$3,825
Sep 202301,11289.042.74$3,041
Aug 20231751,07280.522.67$16,956
Jul 202301,10374.852.64$2,914
Jun 202301,01868.962.26$2,299
May 20231781,00770.622.23$14,813
Apr 2023090578.122.24$2,025
Mar 2023094872.852.39$2,269
Feb 2023079575.112.47$1,960
Jan 202317987776.533.39$16,670
Dec 2022085376.415.73$4,887
Nov 2022181985.005.65$4,709
Oct 202217179787.185.86$19,581
Sep 2022068284.888.16$5,568
Aug 2022049494.529.13$4,509
Jul 20220321101.587.54$2,421
Jun 2022172316115.097.98$22,316
May 20220361109.378.43$3,044
Apr 20220382104.226.84$2,612
Mar 20220513108.885.08$2,604
Feb 2022050091.054.86$2,429
Jan 2022063281.844.54$2,868
Dec 2021076771.323.90$2,991
Nov 202101977.435.24$100
Oct 2021012679.795.71$720
Sep 2021061669.865.35$3,296
Aug 202117666666.024.22$14,430
Jul 2021094670.783.98$3,767
Jun 202101,19469.493.38$4,036
May 20211731,38263.483.02$15,152
Apr 20211781,05060.362.76$13,640
Mar 202101,28861.302.72$3,499
Feb 2021042957.805.55$2,380
Jan 20211781,07750.412.81$12,000
Dec 2020095844.642.68$2,563
Nov 202017691138.772.71$9,289
Oct 202017695136.972.48$8,864
Sep 202017799237.091.99$8,540
Aug 20201611,18039.982.39$9,251
Jul 2020140538.371.83$778
Jun 2020044234.901.69$747
May 20200016.921.81$0
Apr 2020024714.751.80$446
Mar 2020073630.341.86$1,366
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 2019013853.112.30$318
Jul 201909756.272.46$239
Jun 201901552.782.49$37
May 201905458.482.74$148
Apr 201903562.632.75$96
Mar 2019726456.803.06$4,286
Feb 2019013750.852.79$383
Jan 2019050146.033.23$1,617
Dec 2018074646.594.19$3,122
Nov 201801,45152.934.24$6,148
Oct 201801,35761.443.40$4,611
Sep 2018077559.543.11$2,409
Aug 201814565059.403.07$10,606
Jul 2018055265.142.93$1,618
Jun 2018052460.183.08$1,612
May 2018154865.382.90$1,655
Apr 2018117863.842.90$580
Mar 2018020161.222.79$560
Feb 2018019061.782.77$526
Jan 201813021662.874.01$9,039
Dec 2017022757.272.92$663
Nov 2017010655.423.12$331
Oct 201704649.292.98$137
Sep 201704647.523.09$142
Aug 201701745.373.00$51
Jul 20171766543.873.09$7,922
Jun 201717812142.493.09$7,937
May 20171741,70945.373.26$13,472
Apr 20173632,17247.933.21$24,374
Mar 2017036346.772.98$1,083
Feb 2017017750.452.95$523
Jan 20170649.413.42$21
Dec 2016063348.763.72$2,357
Nov 2016084042.492.64$2,221
Oct 2016033346.193.09$1,029
Sep 2016015341.553.10$474
Aug 2016037041.442.92$1,082
Jul 201617292241.622.92$9,855
Jun 201601,37745.352.69$3,698
May 201601,08342.521.99$2,156
Apr 2016099936.561.99$1,989
Mar 201601,06033.011.79$1,902
Feb 201617934626.472.06$5,452
Jan 201602,01127.352.36$4,755
Dec 20151901,97632.362.00$10,103
Nov 201501,87938.792.17$4,072
Oct 201501,95643.552.43$4,746
Sep 20151871,85042.992.76$13,142
Aug 201502,22340.162.87$6,386
Jul 20151922,26048.152.95$15,901
Jun 201512,01456.152.88$5,862
May 201501,99955.212.96$5,908
Apr 20151902,01849.822.71$14,928
Mar 201501,88842.892.93$5,541
Feb 201501,91244.662.98$5,690
Jan 201502,18843.433.10$6,784
Dec 20141891,85554.693.59$16,998
Nov 201401,91570.464.25$8,142
Oct 2014088978.303.90$3,468
Sep 201401,38286.164.05$5,591
Aug 201419395589.394.04$21,106
Jul 201402,20796.564.18$9,224
Jun 20141792,77998.164.74$30,734
May 20141933,10494.734.73$32,954
Apr 20141942,63895.944.81$31,299
Mar 20141962,74895.895.06$32,691
Feb 20141832,55297.406.19$33,626
Jan 20141952,75690.404.86$31,024
Dec 20131773,03891.824.35$29,481
Nov 20131952,75888.853.74$27,636
Oct 20131913,40497.423.78$31,472
Sep 20131923,425104.113.72$32,722
Aug 20131903,428104.253.52$31,883
Jul 20131904,466102.523.72$36,082
Jun 20133845,34894.403.93$57,285
May 20135606,98594.834.15$82,086
Apr 2013082093.964.28$3,512
Mar 2013075593.623.91$2,954
Feb 20131891,55891.233.42$22,571
Jan 201301,34591.603.42$4,600
Dec 201218697386.773.42$19,467
Nov 201211,64686.953.62$6,054
Oct 20121912,48389.383.40$25,513
Sep 201201,75194.672.92$5,110
Aug 20121811,82292.662.91$22,070
Jul 201203,22185.133.02$9,730
Jun 20121873,22179.822.52$23,040
May 201212,79691.612.49$7,049
Apr 20121942,868101.652.00$25,447
Mar 20121902,083105.052.22$24,588
Feb 201211,938101.102.57$5,082
Jan 20121902,12998.092.73$24,458
Dec 20111922,44696.873.24$26,523
Nov 201102,37595.723.31$7,864
Oct 20111881,97484.983.65$23,178
Sep 201112,22583.623.99$8,952
Aug 20111913,38483.404.15$29,971
Jul 20111893,66394.144.52$34,339
Jun 20113784,76492.904.64$57,221
May 201102,10098.134.40$9,250
Apr 201101,034105.964.33$4,481
Mar 20111831,24396.364.06$22,677
Feb 2011078185.644.18$3,265
Jan 201119095986.504.59$20,836
Dec 20101953,11485.734.35$30,256
Nov 20101933,85080.843.80$30,214
Oct 20101903,66478.103.51$27,696
Sep 20101922,66472.633.98$24,546
Aug 20101823,01773.684.42$26,743
Jul 20101912,86572.554.74$27,427
Jun 20101903,57870.364.91$30,938
May 20101884,18471.124.24$31,091
Apr 20101913,58781.694.12$30,391
Mar 20103813,85378.394.39$46,776
Feb 20101913,15773.585.44$31,235
Jan 20101914,09574.365.96$38,626
Dec 20091964,39971.445.48$38,125
Nov 20091854,15474.593.75$29,383
Oct 20093833,90772.544.11$43,842
Sep 20091944,22665.543.06$25,666
Aug 20091844,67167.423.22$27,439
Jul 20091795,02561.133.46$28,351
Jun 20091795,44466.163.90$33,047
May 20092005,02254.743.93$30,663
Apr 20091925,34546.773.59$28,155
Mar 20093855,62242.144.06$39,044
Feb 20091874,04732.814.63$24,885
Jan 20091925,41035.865.37$35,942
Dec 20081944,15437.105.98$32,026
Nov 20081975,40655.496.86$48,019
Oct 20083864,99975.246.92$63,646
Sep 200814,765101.767.88$37,636
Aug 20083584,832114.228.48$81,881
Jul 200803,582131.0811.39$40,797
Jun 20083794,480131.3313.03$108,160
May 20081864,669123.1711.57$76,950
Apr 20081823,432110.3110.45$55,958
Mar 20081864,517101.909.66$62,606
Feb 20083614,11192.538.77$69,459
Jan 20081864,35090.388.21$52,506
Dec 20075606,50388.337.30$96,950
Nov 20075524,34991.677.29$82,313
Oct 2007185282.856.92$5,980
Sep 20071901,02175.846.24$20,785
Aug 20071901,48669.066.39$22,614
Jul 20071801,42270.906.39$21,846
Jun 2007017462.007.55$1,313
May 200718559758.747.85$15,551
Apr 20071851,48559.617.81$22,619
Mar 200719091656.927.30$17,503
Feb 2007061155.108.22$5,020
Jan 2007179050.306.73$9,004
Dec 20063692,31156.656.92$36,892
Nov 20061902,44954.207.62$28,953
Oct 20065513,18954.906.01$49,428
Sep 20061751,94760.085.04$20,321
Aug 20063652,77268.717.34$45,425
Jul 20063643,00669.376.34$44,317
Jun 20063713,24866.286.38$45,325
May 200603,04566.016.42$19,564
Apr 20063673,27264.397.36$47,715
Mar 20063703,59556.707.08$46,442
Feb 20063643,15857.597.75$45,441
Jan 20063783,29960.598.93$52,374
Dec 20053683,72354.9413.42$70,163
Nov 20051873,79654.6910.59$50,421
Oct 20053483,99358.3413.80$75,389
Sep 20053083,23461.4512.08$57,990
Aug 20053213,58061.519.80$54,817
Jul 20053464,07755.697.84$51,247
Jun 20053564,79452.337.38$54,014
May 20053628,20145.226.65$70,916
Apr 20057337,50249.207.36$91,282
Mar 200554311,50150.377.15$109,639
Feb 20053777,94445.226.31$67,190
Jan 20053665,09943.166.32$48,033
Dec 20045515,68839.866.75$60,363
Nov 20043294,02045.286.33$40,345
Oct 20045374,12549.706.52$53,564
Sep 20045444,55343.245.28$47,580
Aug 20045465,94842.375.55$56,149
Jul 20047079,57538.286.08$85,320
Jun 200468711,10436.106.43$96,233
May 20041,25920,28137.486.49$178,904
Apr 20045437,81834.475.86$64,519
Mar 20045537,90334.365.53$62,706
Feb 20047345,52032.455.51$54,231
Jan 20045486,58332.036.30$59,023
Dec 20035556,62230.266.30$58,524
Nov 20033625,98028.804.60$37,905
Oct 20035408,04028.174.76$53,479
Sep 20035407,04526.314.75$47,667
Aug 20035448,08329.765.13$57,653
Jul 20035507,95929.415.17$57,330
Jun 20033587,29728.565.98$53,882
May 20035347,57826.595.97$59,460
Apr 20035558,27426.675.41$59,542
Mar 20037308,66031.146.10$75,524
Feb 20035647,42633.487.93$77,740
Jan 20039127,93530.315.58$71,936
Dec 20027296,93726.914.85$53,288
Nov 20025466,89924.664.14$42,005
Oct 20025376,89226.464.23$43,356
Sep 20029059,71227.443.64$60,138
Aug 20021,07213,61525.963.16$70,909
Jul 200271517,48324.583.06$71,103
Jun 200289812,89223.733.34$64,346
May 200289615,93724.663.58$79,214
Apr 20021,08510,58523.653.51$62,838
Mar 200272613,03222.003.10$56,407
Feb 20021,08814,21418.222.38$53,591
Jan 20021,26916,51717.172.38$61,028
Dec 20011,09516,46716.932.36$57,473
Nov 200190016,66418.072.41$56,349
Oct 20011,27119,02819.782.53$73,260
Sep 20011,08118,03324.262.25$66,823
Aug 20011,08313,82624.873.05$69,147
Jul 200189012,38523.933.20$60,894
Jun 200171913,12524.563.82$67,851
May 20011,80913,15725.524.31$102,837
Apr 20011,07213,13024.685.34$96,510
Mar 20011,08710,84324.545.38$84,972
Feb 20011,07511,31527.755.77$95,086
Jan 200172315,41627.478.40$149,336
Dec 20001,62620,06826.889.12$226,777
Nov 20001,26720,67932.215.66$157,812
Oct 20001,09419,31931.235.15$133,572
Sep 20001,25320,66931.875.19$147,133
Aug 20001,77222,65729.644.54$155,402
Jul 20001,42123,33328.534.09$135,967
Jun 20001,79023,07429.304.40$153,909
May 20001,60026,31227.263.68$140,438
Apr 20001,42424,67224.513.12$111,780
Mar 20001,79728,14928.422.86$131,570
Feb 20001,81128,39427.622.73$127,436
Jan 20001,99229,57825.272.48$123,706
Dec 19992,17130,67424.282.42$127,057
Nov 19991,79932,05923.192.43$119,750
Oct 19992,33132,91720.982.80$141,194
Sep 19992,15833,61121.752.62$134,959
Aug 19992,84432,33719.262.88$147,764
Jul 19992,49534,15717.892.37$125,669
Jun 19992,67835,24615.942.36$125,942
May 19992,67839,76215.792.32$134,574
Apr 19993,22740,45715.102.21$138,059
Mar 19993,60245,92512.471.84$129,342
Feb 19993,06439,5319.981.82$102,438
Jan 19993,77849,56110.381.90$133,379
Dec 19983,81250,1029.201.77$123,917
Nov 19984,34248,11310.892.19$152,446
Oct 19984,66962,30912.421.97$180,688
Sep 19984,47863,13312.592.08$187,860
Aug 19984,98768,45111.301.91$186,913
Jul 19985,52568,85611.742.24$218,913
Jun 19985,89371,21011.242.24$225,553
May 19986,26170,44712.622.21$234,444
Apr 19986,44983,68413.042.51$293,751
Mar 19988,27399,10712.802.31$334,776
Feb 19988,61893,50413.952.30$335,199
Jan 199813,250115,73114.702.15$444,151
Dec 199713,655121,79816.322.41$516,517
Nov 199713,454124,41418.193.09$628,951
Oct 199715,781144,51019.253.15$758,965
Sep 199717,965153,90217.742.95$773,461
Aug 199721,674163,63717.862.55$805,148
Jul 199725,250163,10617.582.25$810,384
Jun 199723,880128,04117.242.26$700,705

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                  141 bbl  × $106.41 =    $15,004
Casinghead gas        29 Mcf  × $  3.05 =        $88

────────────────────────────────────────────────────
Month total                                  $15,092

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/23282 is the state's own key, not one this site invented.