PETO 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 23430District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$10.6 M
Feb 1998 – May 2026
Value, last 12 filed months
$8 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
OilDisposition157,173 bbl$7,358,250
Casinghead gasProduction655,160 Mcf$3,283,245
Total$10,641,495

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 30.2011, -96.7394. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.20110, -96.73941 · 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
11,050 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 11,050 ft.

Completions filed
Nov 2001
1 of 1 wells

1 well

42-47730317111,050 ftNov 2001

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 (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

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202601859.138.00$144
Dec 20250056.664.41$0
Nov 202501458.593.93$55
Oct 20250059.383.30$0
Sep 20251202362.743.08$7,600
Aug 20250063.933.01$0
Jul 202502866.743.32$93
Jun 20250066.483.13$0
May 202504760.553.23$152
Apr 20250062.363.54$0
Mar 202503867.704.27$162
Feb 202505970.884.34$256
Jan 20251074.324.28$74
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202406671.372.28$151
Sep 202407769.612.36$182
Aug 2024025575.632.06$526
Jul 2024016579.932.15$354
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20242076.091.78$152
Jan 20240073.023.30$0
Dec 202302271.262.61$57
Nov 2023030377.892.81$851
Oct 202318031485.443.09$16,349
Sep 2023016689.042.74$454
Aug 2023018280.522.67$486
Jul 2023019174.852.64$505
Jun 202318719568.962.26$13,336
May 2023025570.622.23$568
Apr 2023027078.122.24$604
Mar 2023035272.852.39$842
Feb 202318736475.112.47$14,943
Jan 2023023976.533.39$810
Dec 2022047876.415.73$2,739
Nov 202235580385.005.65$34,709
Oct 202203787.185.86$217
Sep 202203484.888.16$278
Aug 202204994.529.13$447
Jul 2022054101.587.54$407
Jun 20220377115.097.98$3,007
May 20220158109.378.43$1,332
Apr 202238104.226.84$367
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202217980281.844.54$18,289
Dec 20213631,43571.323.90$31,484
Nov 20211871,38477.435.24$21,727
Oct 20213711,44879.795.71$37,876
Sep 20213641,39769.865.35$32,904
Aug 20211771,54266.024.22$18,194
Jul 20213491,45170.783.98$30,480
Jun 20213631,37569.493.38$29,873
May 20211781,61563.483.02$16,173
Apr 20213621,38360.362.76$25,665
Mar 20213511,45361.302.72$25,464
Feb 20211801,06657.805.55$16,318
Jan 20215191,61550.412.81$30,701
Dec 20201821,19944.642.68$11,332
Nov 20205001,59938.772.71$23,713
Oct 20205341,58436.972.48$23,668
Sep 20201721,38937.091.99$9,145
Aug 20203541,37439.982.39$17,430
Jul 20203541,41438.371.83$16,164
Jun 20201721,17634.901.69$7,991
May 20201781,31216.921.81$5,393
Apr 20203561,50714.751.80$7,970
Mar 20203401,37630.341.86$12,870
Feb 20201761,28049.881.98$11,314
Jan 20203461,59057.252.09$23,139
Dec 20195241,83759.012.30$35,154
Nov 2019070055.302.75$1,925
Oct 201934496253.472.42$20,720
Sep 20193461,36355.052.66$22,669
Aug 20191671,11153.112.30$11,430
Jul 20191731,33156.272.46$13,009
Jun 20193611,40552.782.49$22,554
May 20191741,12858.482.74$13,267
Apr 20193701,34262.632.75$26,865
Mar 20191751,34956.803.06$14,071
Feb 20191871,11950.852.79$12,633
Jan 20193391,42646.033.23$20,208
Dec 20183631,48346.594.19$23,119
Nov 201835397052.934.24$22,794
Oct 20181711,50761.443.40$15,627
Sep 20183541,39159.543.11$25,400
Aug 20181881,46759.403.07$15,666
Jul 20183681,36965.142.93$27,985
Jun 20183611,36960.183.08$25,937
May 20183691,54465.382.90$28,604
Apr 20181661,44263.842.90$14,780
Mar 20181901,54861.222.79$15,946
Feb 20183831,78061.782.77$28,585
Jan 20183902,09462.874.01$32,915
Dec 2017192057.272.92$10,996
Nov 20171891,13355.423.12$14,007
Oct 20173861,59749.292.98$23,791
Sep 20171891,45947.523.09$13,486
Aug 20171741,14445.373.00$11,331
Jul 20173601,35143.873.09$19,964
Jun 20173771,38642.493.09$20,298
May 20171951,53045.373.26$13,840
Apr 20173841,36647.933.21$22,792
Mar 20171871,33946.772.98$12,741
Feb 20173751,35750.452.95$22,925
Jan 20172071,49949.413.42$15,353
Dec 20163781,46948.763.72$23,900
Nov 20161941,55642.492.64$12,358
Oct 20163721,55946.193.09$22,000
Sep 20163691,39741.553.10$19,664
Aug 20161781,53441.442.92$11,862
Jul 20163781,64641.622.92$20,546
Jun 20163661,56145.352.69$20,791
May 20161891,46742.521.99$10,957
Apr 20163701,52836.561.99$16,570
Mar 20161931,63233.011.79$9,299
Feb 20163861,45426.472.06$13,218
Jan 20163751,65727.352.36$14,174
Dec 20153801,66832.362.00$15,635
Nov 20151921,48238.792.17$10,660
Oct 20153741,57543.552.43$20,110
Sep 20151911,59942.992.76$12,622
Aug 20153711,60340.162.87$19,504
Jul 20153801,64648.152.95$23,145
Jun 20151931,52956.152.88$15,245
May 20153831,60455.212.96$25,886
Apr 20151861,48649.822.71$13,288
Mar 20153891,56642.892.93$21,280
Feb 20151851,45244.662.98$12,584
Jan 20153781,71843.433.10$21,743
Dec 20143711,74454.693.59$26,553
Nov 20143781,47970.464.25$32,922
Oct 20143851,97378.303.90$37,842
Sep 20143821,13686.164.05$37,509
Aug 20141891,17489.394.04$21,632
Jul 20141921,28596.564.18$23,910
Jun 20143861,68498.164.74$45,867
May 20141941,72694.734.73$26,536
Apr 20143911,74895.944.81$45,919
Mar 20143821,83795.895.06$45,919
Feb 20143921,51097.406.19$47,531
Jan 20143831,77490.404.86$43,246
Dec 20131911,86191.824.35$25,641
Nov 20135631,76888.853.74$56,632
Oct 20131811,89197.423.78$24,780
Sep 20133851,896104.113.72$47,131
Aug 20133782,048104.253.52$46,621
Jul 20133851,888102.523.72$46,489
Jun 20133841,71794.403.93$43,003
May 20133862,17694.834.15$45,633
Apr 20131771,14593.964.28$21,534
Mar 20133531,66193.623.91$39,547
Feb 20133861,70891.233.42$41,056
Jan 20133901,78691.603.42$41,832
Dec 20123691,82686.773.42$38,263
Nov 20123781,82786.953.62$39,490
Oct 20123761,98289.383.40$40,345
Sep 20121931,84394.672.92$23,650
Aug 20123841,93092.662.91$41,194
Jul 20123711,95385.133.02$37,483
Jun 20123761,95379.822.52$34,932
May 20123832,01191.612.49$40,091
Apr 20123731,983101.652.00$41,875
Mar 20121902,069105.052.22$24,557
Feb 20125661,982101.102.57$62,317
Jan 20121822,00498.092.73$23,331
Dec 20113622,05496.873.24$41,721
Nov 20115612,04095.723.31$60,454
Oct 20113862,10084.983.65$40,464
Sep 20111902,02783.623.99$23,967
Aug 20113742,15283.404.15$40,121
Jul 20113852,23294.144.52$46,326
Jun 20113822,05092.904.64$45,000
May 20113852,12898.134.40$47,154
Apr 20113832,074105.964.33$49,570
Mar 20113732,19496.364.06$44,844
Feb 20113881,81185.644.18$40,798
Jan 20113882,11586.504.59$43,267
Dec 20103872,21785.734.35$42,816
Nov 20103672,15480.843.80$37,843
Oct 20103762,21478.103.51$37,134
Sep 20103842,22872.633.98$36,756
Aug 20103822,31473.684.42$38,372
Jul 20103842,35672.554.74$39,018
Jun 20103762,37470.364.91$38,113
May 20105862,66771.124.24$52,972
Apr 20103841,85581.694.12$39,017
Mar 20103902,29278.394.39$40,631
Feb 20103872,32073.585.44$41,102
Jan 20105702,52874.365.96$57,462
Dec 20095832,47371.445.48$55,211
Nov 20093842,32574.593.75$37,365
Oct 20093812,35572.544.11$37,317
Sep 20095782,34565.543.06$45,069
Aug 20093762,42767.423.22$33,161
Jul 20095742,53361.133.46$43,864
Jun 20093822,31166.163.90$34,274
May 20093872,48754.743.93$30,948
Apr 20093882,29546.773.59$26,380
Mar 20095872,52842.144.06$34,997
Feb 20093902,30732.814.63$23,484
Jan 20095922,46735.865.37$34,479
Dec 20083932,55937.105.98$29,876
Nov 20083932,66355.496.86$40,077
Oct 20085742,68175.246.92$61,746
Sep 20085852,517101.767.88$79,356
Aug 20083872,794114.228.48$67,905
Jul 20085792,762131.0811.39$107,353
Jun 20085812,801131.3313.03$112,807
May 20081952,421123.1711.57$52,040
Apr 20085842,747110.3110.45$93,141
Mar 20083922,792101.909.66$66,927
Feb 20085882,74092.538.77$78,439
Jan 20085912,87290.388.21$76,981
Dec 20073892,88588.337.30$55,427
Nov 20075812,63891.677.29$72,496
Oct 20073882,89482.856.92$52,178
Sep 20075781,24975.846.24$51,634
Aug 20075761,79669.066.39$51,251
Jul 20073852,27570.906.39$41,829
Jun 20075792,63662.007.55$55,796
May 20073872,87858.747.85$45,314
Apr 20075882,77459.617.81$56,702
Mar 20075912,95556.927.30$55,217
Feb 20075912,85555.108.22$56,021
Jan 20075923,21250.306.73$51,384
Dec 20065913,18856.656.92$55,536
Nov 20065963,13654.207.62$56,192
Oct 20065873,55954.906.01$53,629
Sep 20065893,42060.085.04$52,614
Aug 20065843,49868.717.34$65,802
Jul 20067853,51769.376.34$76,763
Jun 20065793,35566.286.38$59,794
May 20065893,35566.016.42$60,436
Apr 20065883,36664.397.36$62,637
Mar 20067943,52256.707.08$69,966
Feb 20065983,17157.597.75$59,018
Jan 20065983,59560.598.93$68,348
Dec 20057653,52554.9413.42$89,318
Nov 20056003,59554.6910.59$70,879
Oct 20057723,70158.3413.80$96,097
Sep 20055893,40861.4512.08$77,359
Aug 20057843,85961.519.80$86,030
Jul 20055873,98955.697.84$63,978
Jun 20059733,79152.337.38$78,899
May 20055914,08245.226.65$53,875
Apr 20055914,02449.207.36$58,696
Mar 20057844,09550.377.15$68,789
Feb 20057883,86145.226.31$60,004
Jan 20057944,23643.166.32$61,050
Dec 20047954,19039.866.75$59,976
Nov 20045834,27745.286.33$53,473
Oct 20047935,00349.706.52$72,007
Sep 20047654,17443.245.28$55,134
Aug 20047865,09642.375.55$61,589
Jul 20049845,59338.286.08$71,696
Jun 20049565,28636.106.43$68,517
May 20047875,47837.486.49$65,074
Apr 20047885,46034.475.86$59,150
Mar 20041,1806,55434.365.53$76,789
Feb 20041,1876,23132.455.51$72,849
Jan 20041,3576,73732.036.30$85,905
Dec 20031,3806,83830.266.30$84,849
Nov 20039844,28128.804.60$48,011
Oct 20031,3745,97628.174.76$67,149
Sep 20031,3655,81526.314.75$63,531
Aug 20031,3645,80229.765.13$70,355
Jul 20031,5556,90729.415.17$81,448
Jun 20031,9498,60628.565.98$107,153
May 20032,54210,13026.595.97$128,095
Apr 20033,0969,46626.675.41$133,756
Mar 2003197031.146.10$6,135
Feb 20037904,90833.487.93$65,349
Jan 20039855,80330.315.58$62,248
Dec 20029526,42226.914.85$56,789
Nov 20021,352024.664.14$33,340
Oct 20021,7568,17526.464.23$81,037
Sep 20021,3525,24827.443.64$56,176
Aug 20021,3365,73025.963.16$52,813
Jul 20021,3566,58324.583.06$53,486
Jun 20021,3257,02623.733.34$54,897
May 20021,516024.663.58$37,385
Apr 20022,348023.653.51$55,530
Mar 20022,550022.003.10$56,100
Feb 20022,169018.222.38$39,519
Jan 20023,83962617.172.38$67,403
Dec 20017,532016.932.36$127,517
Nov 20014,63012,41218.072.41$113,521
Oct 20011966119.782.53$4,031
Sep 200138787624.262.25$11,361
Aug 200119191924.873.05$7,556
Jul 2001088623.933.20$2,833
Jun 200117983124.563.82$7,574
May 200138589825.524.31$13,693
Apr 200119571224.685.34$8,611
Mar 200139460124.545.38$12,900
Feb 2001062627.755.77$3,610
Jan 200139384627.478.40$17,901
Dec 200019872126.889.12$11,900
Nov 200018970032.215.66$10,048
Oct 200019072531.235.15$9,664
Sep 200038576231.875.19$16,222
Aug 200017677329.644.54$8,727
Jul 200038483928.534.09$14,387
Jun 2000072129.304.40$3,170
May 200035282227.263.68$12,620
Apr 200016878424.513.12$6,561
Mar 200034880428.422.86$12,189
Feb 200019478927.622.73$7,509
Jan 200035988725.272.48$11,272
Dec 199956288724.282.42$15,795
Nov 1999089423.192.43$2,176
Oct 199919594020.982.80$6,727
Sep 199957593821.752.62$14,963
Aug 19991891,11919.262.88$6,858
Jul 199919297117.892.37$5,738
Jun 19993791,08715.942.36$8,609
May 19993841,23315.792.32$8,925
Apr 199918898815.102.21$5,020
Mar 199938889812.471.84$6,489
Feb 19991969609.981.82$3,701
Jan 19993871,04810.381.90$6,008
Dec 19983901,0509.201.77$5,450
Nov 19983871,22910.892.19$6,901
Oct 19983661,15312.421.97$6,816
Sep 19983871,02212.592.08$7,001
Aug 19983801,28911.301.91$6,753
Jul 19981921,36611.742.24$5,310
Jun 19983841,40611.242.24$7,462
May 19985791,52512.622.21$10,672
Apr 19983911,42513.042.51$8,669
Mar 19983911,33612.802.31$8,090
Feb 19982301,41613.952.30$6,464

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.

Jan 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 59.13 =         $0
Casinghead gas        18 Mcf  × $  8.00 =       $144

────────────────────────────────────────────────────
Month total                                     $144

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/23430 is the state's own key, not one this site invented.