BROWN-ELY 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 23339District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$3.7 M
Jul 1997 – Oct 2025
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
340
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
OilDisposition101,853 bbl$3,277,350
Casinghead gasProduction104,156 Mcf$420,128
Total$3,697,477

Every month this lease reported (340)

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

340 months

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 2024108068.993.12$7,451
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 202394071.262.61$6,698
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 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
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 202122071.323.90$1,569
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 20190859.012.30$18
Nov 201919012755.302.75$10,856
Oct 201918116053.472.42$10,065
Sep 201927321155.052.66$15,589
Aug 201935418553.112.30$19,227
Jul 20191682956.272.46$9,525
Jun 201901452.782.49$35
May 2019155058.482.74$9,064
Apr 201905262.632.75$143
Mar 201915511156.803.06$9,144
Feb 201915911950.852.79$8,417
Jan 2019011546.033.23$371
Dec 201816711946.594.19$8,279
Nov 201815514552.934.24$8,819
Oct 201802761.443.40$92
Sep 20181905959.543.11$11,496
Aug 2018012559.403.07$383
Jul 2018015465.142.93$452
Jun 2018014760.183.08$452
May 201818814765.382.90$12,718
Apr 2018112263.842.90$418
Mar 201817316461.222.79$11,048
Feb 2018113761.782.77$441
Jan 201819114862.874.01$12,602
Dec 2017017557.272.92$511
Nov 201719116355.423.12$11,094
Oct 2017014249.292.98$424
Sep 201703647.523.09$111
Aug 20171717245.373.00$7,975
Jul 2017015843.873.09$488
Jun 201717716242.493.09$8,021
May 2017015245.373.26$496
Apr 201718413847.933.21$9,262
Mar 2017012146.772.98$361
Feb 201718212650.452.95$9,554
Jan 2017013549.413.42$462
Dec 2016012048.763.72$447
Nov 201617914142.492.64$7,979
Oct 2016013146.193.09$405
Sep 201617612541.553.10$7,700
Aug 2016014141.442.92$412
Jul 201617814541.622.92$7,832
Jun 2016111745.352.69$360
May 201617616542.521.99$7,812
Apr 2016117836.561.99$391
Mar 2016116933.011.79$336
Feb 201618817326.472.06$5,333
Jan 2016115527.352.36$394
Dec 201518915332.362.00$6,422
Nov 2015019338.792.17$418
Oct 201517916443.552.43$8,193
Sep 2015024642.992.76$679
Aug 2015026340.162.87$755
Jul 201518427748.152.95$9,675
Jun 201537727856.152.88$21,970
May 2015028555.212.96$842
Apr 2015027349.822.71$739
Mar 2015127942.892.93$862
Feb 2015024244.662.98$720
Jan 2015127243.433.10$887
Dec 201435028954.693.59$20,179
Nov 2014129070.464.25$1,303
Oct 2014231378.303.90$1,378
Sep 201418029286.164.05$16,690
Aug 2014232989.394.04$1,506
Jul 201417833396.564.18$18,579
Jun 2014033598.164.74$1,587
May 201418134294.734.73$18,763
Apr 2014225695.944.81$1,423
Mar 201418524495.895.06$18,974
Feb 2014020997.406.19$1,294
Jan 201417224090.404.86$16,715
Dec 2013025491.824.35$1,106
Nov 201316426688.853.74$15,566
Oct 2013126297.423.78$1,088
Sep 2013180279104.113.72$19,777
Aug 20131279104.253.52$1,087
Jul 2013184279102.523.72$19,901
Jun 201318827394.403.93$18,821
May 2013127494.834.15$1,232
Apr 201318025493.964.28$18,001
Mar 2013025493.623.91$994
Feb 201317523291.233.42$16,759
Jan 201318029791.603.42$17,504
Dec 2012031686.773.42$1,081
Nov 201217827286.953.62$16,463
Oct 2012030789.383.40$1,044
Sep 201217420794.672.92$17,077
Aug 201218332192.662.91$17,890
Jul 201218316885.133.02$16,086
Jun 2012030279.822.52$761
May 201218630691.612.49$17,801
Apr 20120306101.652.00$611
Mar 2012179306105.052.22$19,484
Feb 2012186275101.102.57$19,511
Jan 2012030298.092.73$826
Dec 201118429196.873.24$18,767
Nov 201118328295.723.31$18,451
Oct 2011031384.983.65$1,142
Sep 201118231983.623.99$16,490
Aug 201118631783.404.15$16,828
Jul 2011018194.144.52$818
Jun 201119122192.904.64$18,769
May 201118724598.134.40$19,429
Apr 20110298105.964.33$1,291
Mar 201118031396.364.06$18,615
Feb 201118226585.644.18$16,694
Jan 201117932686.504.59$16,979
Dec 2010034485.734.35$1,496
Nov 201017920880.843.80$15,260
Oct 201018130178.103.51$15,192
Sep 201017831172.633.98$14,166
Aug 201017533273.684.42$14,361
Jul 2010028172.554.74$1,331
Jun 201017930370.364.91$14,082
May 201018030371.124.24$14,085
Apr 201018231681.694.12$16,170
Mar 2010022678.394.39$992
Feb 201017919973.585.44$14,254
Jan 201018030574.365.96$15,204
Dec 200917934271.445.48$14,663
Nov 200917835574.593.75$14,609
Oct 2009036172.544.11$1,484
Sep 200917935265.543.06$12,810
Aug 200917817267.423.22$12,554
Jul 200917932061.133.46$12,051
Jun 200917820966.163.90$12,591
May 200918720854.743.93$11,053
Apr 200919829646.773.59$10,322
Mar 200918829742.144.06$9,128
Feb 200918127332.814.63$7,203
Jan 2009038235.865.37$2,052
Dec 200817832337.105.98$8,534
Nov 200834340755.496.86$21,825
Oct 200816743475.246.92$15,569
Sep 2008175432101.767.88$21,211
Aug 2008181309114.228.48$23,295
Jul 2008178356131.0811.39$27,387
Jun 2008036131.3313.03$469
May 2008355377123.1711.57$48,089
Apr 2008178384110.3110.45$23,650
Mar 2008180443101.909.66$22,623
Feb 200817637492.538.77$19,565
Jan 200835349490.388.21$35,958
Dec 200717852188.337.30$19,527
Nov 200717651591.677.29$19,889
Oct 200735858882.856.92$33,730
Sep 200718057875.846.24$17,260
Aug 200735265469.066.39$28,487
Jul 2007436570.906.39$2,615
Jun 200735135662.007.55$24,449
May 200717741458.747.85$13,645
Apr 200717812259.617.81$11,563
Mar 200717812456.927.30$11,037
Feb 200735526255.108.22$21,713
Jan 200735843850.306.73$20,954
Dec 200618242856.656.92$13,271
Nov 200617944654.207.62$13,099
Oct 200635648954.906.01$22,485
Sep 200617948860.085.04$13,212
Aug 200635050768.717.34$27,770
Jul 200634649969.376.34$27,167
Jun 200617951266.286.38$15,133
May 200635856666.016.42$27,268
Apr 200651555764.397.36$37,261
Mar 200654163156.707.08$35,144
Feb 200636048657.597.75$24,499
Jan 200654663460.598.93$38,746
Dec 200537733854.9413.42$25,247
Nov 200529554.6910.59$1,115
Oct 2005200058.3413.80$11,668
Sep 200509861.4512.08$1,184
Aug 200516620161.519.80$12,180
Jul 20051855955.697.84$10,765
Jun 200514712452.337.38$8,608
May 200518517645.226.65$9,536
Apr 2005317749.207.36$1,450
Mar 200531714950.377.15$17,033
Feb 200517713445.226.31$8,850
Jan 200518416643.166.32$8,991
Dec 200418415239.866.75$8,360
Nov 2004419245.286.33$1,397
Oct 200418420549.706.52$10,480
Sep 200436820343.245.28$16,985
Aug 2004314942.375.55$954
Jul 200451217238.286.08$20,646
Jun 2004021236.106.43$1,364
May 200418519437.486.49$8,194
Apr 2004019334.475.86$1,131
Mar 200436821534.365.53$13,833
Feb 200418319332.455.51$7,002
Jan 200419222032.036.30$7,536
Dec 200319021130.266.30$7,079
Nov 200319121428.804.60$6,484
Oct 200318718528.174.76$6,148
Sep 200318820526.314.75$5,920
Aug 200318618629.765.13$6,489
Jul 200337419729.415.17$12,018
Jun 200318621328.565.98$6,587
May 200318024326.595.97$6,238
Apr 200318419426.675.41$5,956
Mar 200355118731.146.10$18,298
Feb 2003816733.487.93$1,591
Jan 200318320930.315.58$6,713
Dec 200237921326.914.85$11,233
Nov 200218422124.664.14$5,452
Oct 200217425826.464.23$5,695
Sep 200235918927.443.64$10,538
Aug 200217224225.963.16$5,231
Jul 200232826024.583.06$8,858
Jun 200237127723.733.34$9,729
May 200237814024.663.58$9,823
Apr 20023668823.653.51$8,965
Mar 200235213722.003.10$8,169
Feb 200218623618.222.38$3,950
Jan 200235925417.172.38$6,767
Dec 200126917616.932.36$4,970
Nov 200136424718.072.41$7,172
Oct 200135332019.782.53$7,792
Sep 200135826624.262.25$9,284
Aug 200134630624.873.05$9,539
Jul 200135530723.933.20$9,477
Jun 200151440024.563.82$14,154
May 200151443425.524.31$14,987
Apr 200134840924.685.34$10,771
Mar 200134844124.545.38$10,911
Feb 200134635227.755.77$11,632
Jan 200150326327.478.40$16,026
Dec 200050329626.889.12$16,221
Nov 200048431632.215.66$17,378
Oct 200069135731.235.15$23,417
Sep 200050432431.875.19$17,743
Aug 200066248029.644.54$21,801
Jul 200067531328.534.09$20,538
Jun 200089047529.304.40$28,166
May 200070658727.263.68$21,406
Apr 200072262424.513.12$19,641
Mar 20001,06369228.422.86$32,189
Feb 20001,42060027.622.73$40,856
Jan 20001,08949025.272.48$28,734
Dec 19991,43627024.282.42$35,520
Nov 199954311423.192.43$12,870
Oct 199936313020.982.80$7,980
Sep 199918216421.752.62$4,388
Aug 199971214519.262.88$14,130
Jul 199936519517.892.37$6,992
Jun 19991,08532715.942.36$18,067
May 199973339815.792.32$12,498
Apr 199969745615.102.21$11,532
Mar 199971748412.471.84$9,831
Feb 19991,0743439.981.82$11,342
Jan 199967951710.381.90$8,030
Dec 19986005049.201.77$6,414
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 1998182011.242.24$2,046
May 19982,3411,78612.622.21$33,484
Apr 19982,4722,04013.042.51$37,346
Mar 19982,0972,24812.802.31$32,033
Feb 19984,0723,21413.952.30$64,194
Jan 19985,3364,01414.702.15$87,089
Dec 19975,1394,09816.322.41$93,749
Nov 199710,7364,78618.193.09$210,068
Oct 19972,8546,00819.253.15$73,864
Sep 19975,2835,23117.742.95$109,177
Aug 19973,8563,39717.862.55$77,547
Jul 19970017.582.25$0

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                  108 bbl  × $ 68.99 =     $7,451
Casinghead gas         0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $7,451

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/23339 is the state's own key, not one this site invented.