SANDBAG 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 23347District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$11.1 M
Aug 1997 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
346
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
OilDisposition163,695 bbl$3,981,267
Casinghead gasProduction2,062,949 Mcf$7,071,698
Total$11,052,964

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 30.5233, -96.1630. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.52333, -96.16301 · 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
16,784 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 16,784 ft.

Completions filed
Aug 1997
1 of 1 wells

1 well

42-04131896116,784 ftAug 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 (346)

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

346 months

May 20260274106.413.05$835
Apr 202605598.932.87$158
Mar 2026052289.753.15$1,644
Feb 2026050463.503.75$1,890
Jan 20260359.138.00$24
Dec 2025024356.664.41$1,072
Nov 2025040258.593.93$1,578
Oct 2025041559.383.30$1,372
Sep 2025041462.743.08$1,274
Aug 2025047663.933.01$1,435
Jul 2025074966.743.32$2,483
Jun 202501,05166.483.13$3,288
May 20251861,39160.553.23$15,758
Apr 202511,39962.363.54$5,019
Mar 202521,30267.704.27$5,693
Feb 202501,18870.884.34$5,157
Jan 20251901,58774.324.28$20,911
Dec 202401,49468.993.12$4,663
Nov 202401,41569.052.20$3,111
Oct 202401,40071.372.28$3,194
Sep 20241791,34169.612.36$15,631
Aug 202401,11575.632.06$2,301
Jul 202401,56379.932.15$3,355
Jun 20241721,20978.082.63$16,614
May 202411,45278.812.20$3,271
Apr 202401,79784.451.66$2,982
Mar 2024099780.301.55$1,540
Feb 202412,07976.091.78$3,784
Jan 20241781,12073.023.30$16,691
Dec 202301,49271.262.61$3,895
Nov 202301,46677.892.81$4,116
Oct 20231782,22885.443.09$22,087
Sep 2023087289.042.74$2,385
Aug 202301,36280.522.67$3,640
Jul 202311,60474.852.64$4,312
Jun 20231861,77268.962.26$16,829
May 202321,63270.622.23$3,776
Apr 202301,72078.122.24$3,849
Mar 20231841,79272.852.39$17,693
Feb 202301,52375.112.47$3,755
Jan 20232052,01276.533.39$22,505
Dec 202232,47176.415.73$14,386
Nov 20221911,78485.005.65$26,308
Oct 202254,28087.185.86$25,533
Sep 2022033484.888.16$2,727
Aug 202204794.529.13$429
Jul 202206101.587.54$45
Jun 20220145115.097.98$1,157
May 202201109.378.43$8
Apr 20220176104.226.84$1,203
Mar 2022012108.885.08$61
Feb 202202091.054.86$97
Jan 2022045781.844.54$2,074
Dec 202107671.323.90$296
Nov 2021043777.435.24$2,289
Oct 2021025879.795.71$1,474
Sep 202110621169.865.35$8,534
Aug 2021058566.024.22$2,469
Jul 2021034170.783.98$1,358
Jun 2021039169.493.38$1,322
May 20211801,69463.483.02$16,538
Apr 202101,33860.362.76$3,691
Mar 202101,23061.302.72$3,342
Feb 2021067257.805.55$3,728
Jan 20211911,02450.412.81$12,506
Dec 2020099244.642.68$2,654
Nov 202001,53138.772.71$4,144
Oct 202018361536.972.48$8,290
Sep 202001,26437.091.99$2,517
Aug 202001,03039.982.39$2,457
Jul 202001,08538.371.83$1,980
Jun 2020028534.901.69$482
May 2020084016.921.81$1,524
Apr 202018258014.751.80$3,731
Mar 2020097030.341.86$1,801
Feb 2020076949.881.98$1,523
Jan 20201701,07657.252.09$11,986
Dec 201901,04559.012.30$2,408
Nov 2019095855.302.75$2,635
Oct 2019066353.472.42$1,603
Sep 20191901,34855.052.66$14,042
Aug 2019031753.112.30$730
Jul 2019010056.272.46$246
Jun 2019018552.782.49$461
May 2019044158.482.74$1,208
Apr 2019053762.632.75$1,477
Mar 201901,11156.803.06$3,402
Feb 20191701,00550.852.79$11,451
Jan 201901,42046.033.23$4,584
Dec 201801,24846.594.19$5,223
Nov 2018092252.934.24$3,907
Oct 20181881,52961.443.40$16,746
Sep 201801,44859.543.11$4,500
Aug 2018073959.403.07$2,266
Jul 201801,29665.142.93$3,800
Jun 20181831,22560.183.08$14,782
May 201801,86265.382.90$5,401
Apr 201801,13963.842.90$3,304
Mar 201801,46661.222.79$4,086
Feb 20181891,26461.782.77$15,173
Jan 201801,04162.874.01$4,174
Dec 201701,39957.272.92$4,087
Nov 20171881,32455.423.12$14,548
Oct 201701,71349.292.98$5,111
Sep 201701,35547.523.09$4,183
Aug 201701,01945.373.00$3,061
Jul 20171851,60843.873.09$13,080
Jun 201701,76542.493.09$5,449
May 201701,86145.373.26$6,073
Apr 20171881,74647.933.21$14,618
Mar 201701,99346.772.98$5,946
Feb 20171921,65850.452.95$14,582
Jan 201701,70949.413.42$5,843
Dec 201601,68848.763.72$6,284
Nov 20161921,75242.492.64$12,791
Oct 201601,15646.193.09$3,572
Sep 201601,87741.553.10$5,820
Aug 20161881,74641.442.92$12,897
Jul 201601,61341.622.92$4,717
Jun 201601,79945.352.69$4,832
May 2016060342.521.99$1,201
Apr 20161941,68336.561.99$10,444
Mar 201601,47433.011.79$2,644
Feb 201601,21326.472.06$2,503
Jan 20161811,70827.352.36$8,989
Dec 201501,81332.362.00$3,629
Nov 201501,75438.792.17$3,802
Oct 20151911,60543.552.43$12,213
Sep 201502,17142.992.76$5,989
Aug 201501,40440.162.87$4,033
Jul 20151891,84348.152.95$14,528
Jun 20151931,71056.152.88$15,767
May 201501,34155.212.96$3,963
Apr 201501,96349.822.71$5,313
Mar 201501,94442.892.93$5,705
Feb 20151922,01844.662.98$14,581
Jan 201501,32943.433.10$4,121
Dec 20141901,87454.693.59$17,121
Nov 201401,75070.464.25$7,441
Oct 20141961,74178.303.90$22,138
Sep 201401,97786.164.05$7,998
Aug 201401,23089.394.04$4,963
Jul 20141891,80196.564.18$25,777
Jun 201401,72798.164.74$8,181
May 201401,90594.734.73$9,004
Apr 20141871,71495.944.81$26,184
Mar 201401,40895.895.06$7,120
Feb 20141951,33297.406.19$27,241
Jan 201401,47690.404.86$7,174
Dec 20131931,85291.824.35$25,786
Nov 201301,76088.853.74$6,579
Oct 20131931,59397.423.78$24,823
Sep 201301,665104.113.72$6,190
Aug 20131921,727104.253.52$26,100
Jul 201301,733102.523.72$6,443
Jun 201301,36294.403.93$5,357
May 20131921,39094.834.15$23,975
Apr 201301,92893.964.28$8,257
Mar 20131943,91893.623.91$33,493
Feb 2013097291.233.42$3,324
Jan 20131971,88791.603.42$24,499
Dec 201201,43986.773.42$4,922
Nov 201201,58686.953.62$5,749
Oct 20121941,45489.383.40$22,283
Sep 201201,94094.672.92$5,662
Aug 201201,57192.662.91$4,569
Jul 20121931,82585.133.02$21,943
Jun 201202,03679.822.52$5,129
May 201201,09991.612.49$2,735
Apr 20121921,370101.652.00$22,252
Mar 201202,387105.052.22$5,304
Feb 20121951,947101.102.57$24,719
Jan 201201,49398.092.73$4,082
Dec 20111971,94596.873.24$25,385
Nov 201101,54095.723.31$5,099
Oct 20111922,62384.983.65$25,886
Sep 201102,06383.623.99$8,223
Aug 201101,33183.404.15$5,523
Jul 20111931,99494.144.52$27,176
Jun 20111921,81592.904.64$26,258
May 201162,38898.134.40$11,107
Apr 20111931,549105.964.33$27,163
Mar 201101,62396.364.06$6,585
Feb 20111961,77685.644.18$24,209
Jan 201102,14886.504.59$9,857
Dec 20101972,00085.734.35$25,584
Nov 201001,75580.843.80$6,661
Oct 20101932,59178.103.51$24,165
Sep 201001,47572.633.98$5,870
Aug 201019356573.684.42$16,717
Jul 201002,14772.554.74$10,169
Jun 201001,11470.364.91$5,470
May 20101922,25571.124.24$23,205
Apr 201002,22581.694.12$9,173
Mar 20101962,11278.394.39$24,633
Feb 20101951,77873.585.44$24,025
Jan 201002,20674.365.96$13,157
Dec 20091972,30371.445.48$26,703
Nov 200901,77374.593.75$6,651
Oct 20091952,89272.544.11$26,032
Sep 20091912,08165.543.06$18,896
Aug 200901,95867.423.22$6,302
Jul 20091913,08061.133.46$22,346
Jun 200903,05366.163.90$11,891
May 20091932,73854.743.93$21,314
Apr 20091993,09546.773.59$20,411
Mar 20091963,31342.144.06$21,707
Feb 200902,63332.814.63$12,199
Jan 20091822,84935.865.37$21,829
Dec 20081792,98037.105.98$24,453
Nov 20081833,84855.496.86$36,553
Oct 200802,18675.246.92$15,131
Sep 20081802,805101.767.88$40,412
Aug 20081813,843114.228.48$53,274
Jul 20081832,642131.0811.39$54,079
Jun 20081823,419131.3313.03$68,461
May 20081823,594123.1711.57$64,015
Apr 20081825,107110.3110.45$73,469
Mar 20080266101.909.66$2,571
Feb 200802,21092.538.77$19,383
Jan 20081822,37390.388.21$35,921
Dec 20071822,73388.337.30$36,032
Nov 20071772,23491.677.29$32,515
Oct 20071812,16782.856.92$29,996
Sep 200701,14075.846.24$7,118
Aug 20071841,36469.066.39$21,420
Jul 20071813,83070.906.39$37,299
Jun 20071801,43262.007.55$21,969
May 20071833,51058.747.85$38,290
Apr 200714,80559.617.81$37,564
Mar 20071821,85256.927.30$23,883
Feb 20071853,95955.108.22$42,721
Jan 200702,14850.306.73$14,449
Dec 20063583,36356.656.92$43,547
Nov 200602,91654.207.62$22,213
Oct 20061823,19154.906.01$29,182
Sep 20061813,32660.085.04$27,628
Aug 200603,30868.717.34$24,280
Jul 20061671,99669.376.34$24,245
Jun 20061835,62066.286.38$48,007
May 20061853,19766.016.42$32,753
Apr 20061802,38364.397.36$29,130
Mar 20061835,17856.707.08$47,051
Feb 20063627,36057.597.75$77,896
Jan 200621,41260.598.93$12,735
Dec 2005011954.9413.42$1,596
Nov 20055355,44654.6910.59$86,924
Oct 20051775,92358.3413.80$92,038
Sep 20051835,77361.4512.08$80,977
Aug 20053555,56361.519.80$76,336
Jul 20051625,80955.697.84$54,585
Jun 20051825,01852.337.38$46,562
May 20053644,70045.226.65$47,721
Apr 20051875,32849.207.36$48,417
Mar 20051973,53350.377.15$35,201
Feb 20051861,72045.226.31$19,267
Jan 200502,09043.166.32$13,213
Dec 20043733,19339.866.75$36,424
Nov 20041852,89145.286.33$26,678
Oct 20041853,66749.706.52$33,085
Sep 20041842,97543.245.28$23,676
Aug 20041842,95342.375.55$24,187
Jul 20041852,87938.286.08$24,598
Jun 20041851,54736.106.43$16,630
May 200419182337.486.49$12,504
Apr 20043682,00734.475.86$24,443
Mar 20041924,35534.365.53$30,681
Feb 20043613,08032.455.51$28,684
Jan 200412,78832.036.30$17,595
Dec 20031863,94230.266.30$30,469
Nov 20031913,77128.804.60$22,829
Oct 20033784,37728.174.76$31,481
Sep 20032804,45226.314.75$28,511
Aug 20031875,09529.765.13$31,701
Jul 20033675,10529.415.17$37,191
Jun 20033644,29428.565.98$36,087
May 20031874,36726.595.97$31,055
Apr 20035584,51726.675.41$39,307
Mar 200304,71631.146.10$28,749
Feb 20033575,00433.487.93$51,613
Jan 20031953,99030.315.58$28,183
Dec 20023735,33426.914.85$35,927
Nov 20023634,78024.664.14$28,726
Oct 20023565,05526.464.23$30,798
Sep 20023785,39627.443.64$29,988
Aug 20025496,21525.963.16$33,917
Jul 20023686,69424.583.06$29,541
Jun 20021776,11723.733.34$24,620
May 20023595,74224.663.58$29,432
Apr 20021825,38423.653.51$23,215
Mar 20025437,02522.003.10$33,743
Feb 20023865,83318.222.38$20,890
Jan 20025667,87117.172.38$28,417
Dec 20013546,29216.932.36$20,870
Nov 20013535,00818.072.41$18,426
Oct 20015285,49919.782.53$24,350
Sep 20013647,03224.262.25$24,662
Aug 20015307,98424.873.05$37,558
Jul 20015137,73223.933.20$36,996
Jun 20013307,85224.563.82$38,132
May 20015388,38025.524.31$49,825
Apr 20015308,47024.685.34$58,271
Mar 20015468,95624.545.38$61,550
Feb 20016947,99127.755.77$65,343
Jan 20016738,45927.478.40$89,532
Dec 20005039,53626.889.12$100,513
Nov 20005439,16332.215.66$69,334
Oct 20008699,93231.235.15$78,244
Sep 200051410,09431.875.19$68,734
Aug 200087011,10529.644.54$76,212
Jul 200071211,73828.534.09$68,319
Jun 200035711,30029.304.40$60,149
May 20001,07114,13627.263.68$81,212
Apr 200054311,83224.513.12$50,177
Mar 200089715,08928.422.86$68,644
Feb 20001,27614,64027.622.73$75,159
Jan 20001,07315,58525.272.48$65,773
Dec 19991,07114,32024.282.42$60,712
Nov 199971716,15923.192.43$55,958
Oct 19991,24117,35920.982.80$74,706
Sep 199988917,92321.752.62$66,273
Aug 19991,60320,46319.262.88$89,717
Jul 19991,24722,56217.892.37$75,834
Jun 19991,41822,86815.942.36$76,619
May 19991,41527,30815.792.32$85,725
Apr 19991,42522,32915.102.21$70,821
Mar 19991,62126,79112.471.84$69,465
Feb 19991,80125,8189.981.82$64,906
Jan 19991,62629,62310.381.90$73,160
Dec 19982,16531,0419.201.77$74,964
Nov 19982,50432,78610.892.19$98,930
Oct 19982,48735,35512.421.97$100,510
Sep 19982,86337,64412.592.08$114,443
Aug 19983,18149,48811.301.91$130,336
Jul 19983,70145,00111.742.24$144,129
Jun 19983,71952,13811.242.24$158,448
May 19983,54528,87212.622.21$108,439
Apr 19983,74737,16613.042.51$141,974
Mar 19984,83047,71512.802.31$172,019
Feb 19984,67450,81913.952.30$182,042
Jan 19986,75462,28014.702.15$233,484
Dec 19978,26280,14016.322.41$328,061
Nov 199710,84496,33918.193.09$494,772
Oct 199715,268118,85219.253.15$668,271
Sep 199722,830142,25217.742.95$825,342
Aug 19970017.862.55$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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas       274 Mcf  × $  3.05 =       $835

────────────────────────────────────────────────────
Month total                                     $835

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/23347 is the state's own key, not one this site invented.