LAWRENCE 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 23321District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$12.4 M
Jun 1997 – May 2026
Value, last 12 filed months
$54 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
OilDisposition82,266 bbl$3,087,720
Casinghead gasProduction2,238,699 Mcf$9,353,151
Total$12,440,871

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 30.2775, -96.7919. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.27754, -96.79195 · 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
11,466 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 11,466 ft.

Completions filed
Jun 1997
1 of 1 wells

1 well

42-287305881RE11,466 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 2026312106.413.05$356
Apr 20260098.932.87$0
Mar 202632789.753.15$354
Feb 202658963.503.75$651
Jan 2026208259.138.00$1,838
Dec 20251912656.664.41$1,633
Nov 202517189558.593.93$13,533
Oct 202501,64859.383.30$5,446
Sep 20251071,77462.743.08$12,172
Aug 202501,73963.933.01$5,243
Jul 202501,90966.743.32$6,329
Jun 202502,01066.483.13$6,289
May 20251632,46060.553.23$17,821
Apr 202502,29462.363.54$8,128
Mar 20251872,16667.704.27$21,905
Feb 202521,00070.884.34$4,483
Jan 20250074.324.28$0
Dec 2024058868.993.12$1,835
Nov 20241491,90069.052.20$14,465
Oct 202402,15271.372.28$4,910
Sep 202432,20169.612.36$5,413
Aug 20241921,92075.632.06$18,483
Jul 202412,07079.932.15$4,523
Jun 202412,59978.082.63$6,924
May 20241771,03778.812.20$16,229
Apr 2024035984.451.66$596
Mar 20241811,45280.301.55$16,778
Feb 202401,40176.091.78$2,499
Jan 202402,01273.023.30$6,635
Dec 202301,98371.262.61$5,177
Nov 20231821,63577.892.81$18,766
Oct 202301,32785.443.09$4,097
Sep 202302,81989.042.74$7,710
Aug 20231841,80780.522.67$19,646
Jul 202302,07974.852.64$5,492
Jun 202301,56568.962.26$3,535
May 20231802,14270.622.23$17,483
Apr 202312,22178.122.24$5,048
Mar 202302,00472.852.39$4,796
Feb 20231811,93375.112.47$18,361
Jan 202301,57576.533.39$5,336
Dec 202211,62376.415.73$9,375
Nov 20221791,97685.005.65$26,372
Oct 20221772,53187.185.86$30,272
Sep 202242,59484.888.16$21,516
Aug 202241,77194.529.13$16,542
Jul 20221781,834101.587.54$31,913
Jun 202222,082115.097.98$16,839
May 202211,706109.378.43$14,496
Apr 20221802,383104.226.84$35,054
Mar 20220709108.885.08$3,599
Feb 20221621,94891.054.86$24,215
Jan 202201,75981.844.54$7,982
Dec 202102,17271.323.90$8,469
Nov 20211862,03077.435.24$25,033
Oct 202101,62379.795.71$9,274
Sep 20211701,45569.865.35$19,662
Aug 202101,78366.024.22$7,525
Jul 202101,47870.783.98$5,886
Jun 20211581,33169.493.38$15,479
May 202101,54463.483.02$4,659
Apr 202101,25760.362.76$3,467
Mar 20211851,56061.302.72$15,579
Feb 202101,28757.805.55$7,140
Jan 20211831,52150.412.81$13,499
Dec 202001,29644.642.68$3,467
Nov 202001,78038.772.71$4,818
Oct 202001,29536.972.48$3,210
Sep 202001,44537.091.99$2,877
Aug 20202101,59039.982.39$12,188
Jul 202001,60238.371.83$2,924
Jun 202001,52134.901.69$2,571
May 202001,55616.921.81$2,824
Apr 202001,83914.751.80$3,318
Mar 20201801,67530.341.86$8,570
Feb 202001,47949.881.98$2,929
Jan 202001,72857.252.09$3,620
Dec 20191921,81959.012.30$15,522
Nov 201901,16655.302.75$3,207
Oct 20191923,83253.472.42$19,534
Sep 20191822,53155.052.66$16,745
Aug 201901,54953.112.30$3,569
Jul 2019070756.272.46$1,739
Jun 201917933652.782.49$10,285
May 2019067058.482.74$1,836
Apr 20191891,69362.632.75$16,494
Mar 201901,51656.803.06$4,642
Feb 201901,23950.852.79$3,460
Jan 20191861,44746.033.23$13,233
Dec 201801,44546.594.19$6,048
Nov 201801,53252.934.24$6,491
Oct 201801,71961.443.40$5,841
Sep 20181871,72359.543.11$16,489
Aug 201801,78559.403.07$5,474
Jul 201801,84365.142.93$5,403
Jun 20181831,93560.183.08$16,967
May 201801,87065.382.90$5,425
Apr 20181851,77063.842.90$16,945
Mar 201802,46261.222.79$6,861
Feb 20181811,72661.782.77$15,957
Jan 20181841,88762.874.01$19,134
Dec 20171862,70057.272.92$18,540
Nov 201702,36555.423.12$7,375
Oct 20171941,91449.292.98$15,273
Sep 201701,74047.523.09$5,372
Aug 20171891,00145.373.00$11,582
Jul 201701,58543.873.09$4,893
Jun 201701,64542.493.09$5,079
May 201701,32945.373.26$4,337
Apr 20171934,44247.933.21$23,516
Mar 20171882,09246.772.98$15,035
Feb 201701,75750.452.95$5,188
Jan 201701,99649.413.42$6,824
Dec 2016072548.763.72$2,699
Nov 2016090742.492.64$2,398
Oct 201602,38746.193.09$7,376
Sep 20161842,19241.553.10$14,442
Aug 2016097841.442.92$2,860
Jul 20161881,85641.622.92$13,252
Jun 201603,68945.352.69$9,908
May 20161892,94442.521.99$13,898
Apr 201602,14636.561.99$4,273
Mar 20161862,50033.011.79$10,625
Feb 201603,30826.472.06$6,826
Jan 20161961,47627.352.36$8,850
Dec 20151944,42032.362.00$15,124
Nov 201501,40638.792.17$3,047
Oct 20153773,10043.552.43$23,941
Sep 201504,10842.992.76$11,332
Aug 20151903,67040.162.87$18,172
Jul 201502,40648.152.95$7,086
Jun 20151884,05456.152.88$22,243
May 201503,76555.212.96$11,127
Apr 20151892,30649.822.71$15,657
Mar 201502,49342.892.93$7,316
Feb 201502,09244.662.98$6,226
Jan 20151941,96943.433.10$14,531
Dec 201402,01354.693.59$7,229
Nov 201402,00870.464.25$8,538
Oct 20141882,16678.303.90$23,170
Sep 201402,13986.164.05$8,653
Aug 20141932,34589.394.04$26,715
Jul 201402,37996.564.18$9,943
Jun 201402,48698.164.74$11,776
May 20141882,90394.734.73$31,530
Apr 201402,70895.944.81$13,023
Mar 20141892,65795.895.06$31,559
Feb 20141982,85097.406.19$36,932
Jan 201402,71690.404.86$13,202
Dec 201302,36491.824.35$10,294
Nov 201302,72688.853.74$10,191
Oct 20131832,73097.423.78$28,146
Sep 201303,048104.113.72$11,332
Aug 201303,049104.253.52$10,740
Jul 201302,966102.523.72$11,027
Jun 20131926,45994.403.93$43,531
May 201302,88494.834.15$11,966
Apr 201301,97693.964.28$8,462
Mar 20131922,73093.623.91$28,657
Feb 201303,38191.233.42$11,563
Jan 20131913,38891.603.42$29,082
Dec 201203,48986.773.42$11,933
Nov 201203,60986.953.62$13,082
Oct 20121923,66689.383.40$29,624
Sep 20121883,88994.672.92$29,148
Aug 201203,64992.662.91$10,612
Jul 20121823,95385.133.02$27,435
Jun 201203,71979.822.52$9,368
May 201203,51891.612.49$8,754
Apr 20121773,579101.652.00$25,139
Mar 201203,465105.052.22$7,700
Feb 20121803,176101.102.57$26,361
Jan 201203,60998.092.73$9,867
Dec 20111963,87896.873.24$31,550
Nov 20111843,44595.723.31$29,020
Oct 201103,72884.983.65$13,602
Sep 201103,45183.623.99$13,755
Aug 20111923,22783.404.15$29,403
Jul 201103,52994.144.52$15,941
Jun 20111913,95492.904.64$36,090
May 201104,09098.134.40$18,016
Apr 201104,452105.964.33$19,292
Mar 20111924,45396.364.06$36,568
Feb 201103,32685.644.18$13,903
Jan 20111993,94086.504.59$35,293
Dec 201004,16885.734.35$18,121
Nov 20101893,71480.843.80$29,375
Oct 201004,74778.103.51$16,657
Sep 201004,56572.633.98$18,166
Aug 20101885,12173.684.42$36,483
Jul 201005,30572.554.74$25,127
Jun 201005,41270.364.91$26,575
May 20101884,71271.124.24$33,327
Apr 201002,99681.694.12$12,352
Mar 201004,71478.394.39$20,688
Feb 20101963,38873.585.44$32,860
Jan 201006,36174.365.96$37,938
Dec 20091953,89271.445.48$35,274
Nov 200905,94574.593.75$22,303
Oct 20091924,86172.544.11$33,908
Sep 200905,19765.543.06$15,928
Aug 20091876,38067.423.22$33,142
Jul 200905,12761.133.46$17,762
Jun 20091886,74366.163.90$38,702
May 200905,04654.743.93$19,809
Apr 20091966,25846.773.59$31,618
Mar 200904,26742.144.06$17,320
Feb 20091935,24532.814.63$30,632
Jan 200904,50235.865.37$24,180
Dec 20082015,44337.105.98$39,991
Nov 200805,56855.496.86$38,198
Oct 20081964,54275.246.92$46,187
Sep 200804,833101.767.88$38,070
Aug 20081825,757114.228.48$69,625
Jul 20081936,076131.0811.39$94,501
Jun 20081927,503131.3313.03$122,999
May 20081967,610123.1711.57$112,222
Apr 20081957,814110.3110.45$103,205
Mar 200808,154101.909.66$78,801
Feb 20081967,74792.538.77$86,082
Jan 20081988,08490.388.21$84,230
Dec 20071988,53488.337.30$79,804
Nov 20071896,01191.677.29$61,156
Oct 20071678,70182.856.92$74,064
Sep 20071936,15275.846.24$53,051
Aug 20071923,45469.066.39$35,323
Jul 20071968,41770.906.39$67,664
Jun 200709,06662.007.55$68,434
May 20071907,27058.747.85$68,203
Apr 20071948,06459.617.81$74,505
Mar 200704,12356.927.30$30,106
Feb 20071957,73755.108.22$74,312
Jan 20071978,49950.306.73$67,081
Dec 20063999,32756.656.92$87,132
Nov 200608,17554.207.62$62,273
Oct 200618910,13054.906.01$71,296
Sep 20061906,74960.085.04$45,411
Aug 20061969,78568.717.34$85,288
Jul 20063869,75669.376.34$88,657
Jun 20061909,43566.286.38$72,825
May 20061969,53566.016.42$74,200
Apr 20061859,11464.397.36$78,996
Mar 20063857,14856.707.08$72,458
Feb 20063916,02957.597.75$69,249
Jan 20063987,00660.598.93$86,702
Dec 200539411,85854.9413.42$180,726
Nov 200538619,64054.6910.59$229,067
Oct 20051956,35758.3413.80$99,076
Sep 20051964,56661.4512.08$67,197
Aug 200520010,74761.519.80$117,589
Jul 20051938,21055.697.84$75,144
Jun 20053827,26852.337.38$73,635
May 20055757,44445.226.65$75,513
Apr 20055825,83849.207.36$71,605
Mar 20051903,74350.377.15$36,351
Feb 20051923,09145.226.31$28,192
Jan 20053954,23243.166.32$43,804
Dec 20041921,37739.866.75$16,949
Nov 20041792,25145.286.33$22,355
Oct 20043861,85249.706.52$31,250
Sep 20041941,49843.245.28$16,304
Aug 20043904,66542.375.55$42,418
Jul 200439410,19938.286.08$77,135
Jun 20043897,50836.106.43$62,342
May 20043978,48037.486.49$69,954
Apr 20043828,08634.475.86$60,539
Mar 20043958,40834.365.53$60,070
Feb 20043938,69232.455.51$60,642
Jan 20045849,27632.036.30$77,141
Dec 200377511,18130.266.30$93,910
Nov 200358110,39628.804.60$64,504
Oct 200377410,90028.174.76$73,684
Sep 200339010,83826.314.75$61,734
Aug 200338311,66129.765.13$71,216
Jul 200339110,42129.415.17$65,385
Jun 200358311,24728.565.98$83,941
May 20031,15213,21826.595.97$109,579
Apr 20032,30011,94926.675.41$125,953
Mar 20033,6619,85131.146.10$174,056
Feb 20031,9181,91533.487.93$79,393
Jan 20032,6682,63730.315.58$95,587
Dec 20022,8501,41426.914.85$83,557
Nov 20021,15294224.664.14$32,305
Oct 20021,1172,57826.464.23$40,458
Sep 20020027.443.64$0
Aug 200206225.963.16$196
Jul 2002015124.583.06$462
Jun 2002021123.733.34$704
May 200202,03624.663.58$7,297
Apr 200206723.653.51$235
Mar 20021962,74122.003.10$12,817
Feb 2002055218.222.38$1,311
Jan 200204,43117.172.38$10,527
Dec 20011883,87916.932.36$12,354
Nov 20011979,61918.072.41$26,698
Oct 200139516,83119.782.53$50,377
Sep 200139012,49524.262.25$37,592
Aug 200119210,47224.873.05$36,748
Jul 200119511,60323.933.20$41,762
Jun 200138612,36024.563.82$56,747
May 200171613,00625.524.31$74,293
Apr 2001014,74824.685.34$78,685
Mar 200105,74524.545.38$30,888
Feb 20011999,75527.755.77$61,780
Jan 200140012,56327.478.40$116,502
Dec 200019613,43026.889.12$127,784
Nov 200036416,76432.215.66$106,575
Oct 200039218,65231.235.15$108,216
Sep 200057723,51131.875.19$140,329
Aug 200017321,32429.644.54$101,955
Jul 200057021,12228.534.09$102,646
Jun 200037216,50429.304.40$83,472
May 200034515,78027.263.68$67,471
Apr 200056515,65424.513.12$62,626
Mar 200036516,42128.422.86$57,333
Feb 200058315,19927.622.73$57,543
Jan 200038814,39725.272.48$45,517
Dec 199957115,58324.282.42$51,633
Nov 1999016,82923.192.43$40,962
Oct 199955716,38520.982.80$57,625
Sep 199919217,76721.752.62$50,705
Aug 199938016,29319.262.88$54,171
Jul 199938718,08517.892.37$49,828
Jun 199938418,81915.942.36$50,573
May 199957718,62315.792.32$52,335
Apr 199957918,67115.102.21$49,969
Mar 199977519,41612.471.84$45,357
Feb 199956019,9799.981.82$41,906
Jan 199977322,55110.381.90$50,870
Dec 199839023,7489.201.77$45,701
Nov 199854321,31710.892.19$52,506
Oct 199838922,39912.421.97$48,940
Sep 199819323,97812.592.08$52,367
Aug 199837321,96011.301.91$46,100
Jul 199819225,18611.742.24$58,602
Jun 199857327,39111.242.24$67,722
May 199857627,56012.622.21$68,076
Apr 199858328,70513.042.51$79,518
Mar 199894731,17512.802.31$84,118
Feb 199858924,82413.952.30$65,290
Jan 199878231,11914.702.15$78,550
Dec 199795732,68916.322.41$94,435
Nov 199797732,61218.193.09$118,486
Oct 199793234,44519.253.15$126,437
Sep 19971,34335,03917.742.95$127,361
Aug 19972,86147,39217.862.55$172,172
Jul 19972,25151,08917.582.25$154,367
Jun 19971,88549,23217.242.26$143,624

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                    3 bbl  × $106.41 =       $319
Casinghead gas        12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                     $356

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/23321 is the state's own key, not one this site invented.