VICTORIA

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 23435District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$23.8 M
Dec 1997 – May 2026
Value, last 12 filed months
$230 k
at the published price for each month
Months reported
342
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
OilDisposition238,203 bbl$7,681,348
Casinghead gasProduction3,994,671 Mcf$16,144,492
Total$23,825,840

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 30.0642, -96.7770. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.06421, -96.77696 · 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
no depth filed
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.

Completions filed
Dec 1997
1 of 1 wells

1 well

42-1493306810LDec 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 (342)

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

342 months

May 20265242,205106.413.05$62,475
Apr 20265282,44798.932.87$59,257
Mar 20266902,79189.753.15$70,718
Feb 20261781,40563.503.75$16,572
Jan 2026044159.138.00$3,527
Dec 2025023656.664.41$1,042
Nov 2025051058.593.93$2,002
Oct 2025024459.383.30$806
Sep 202517321362.743.08$11,509
Aug 2025021763.933.01$654
Jul 2025024666.743.32$816
Jun 2025027966.483.13$873
May 202501,08760.553.23$3,514
Apr 2025098362.363.54$3,483
Mar 202501,09867.704.27$4,687
Feb 202502,07470.884.34$9,003
Jan 20251074.324.28$74
Dec 20241732,28468.993.12$19,064
Nov 202402,49369.052.20$5,481
Oct 202402,75871.372.28$6,292
Sep 202401,59769.612.36$3,776
Aug 20241791,08975.632.06$15,785
Jul 2024043979.932.15$942
Jun 202401,33778.082.63$3,522
May 202401,20178.812.20$2,640
Apr 2024052584.451.66$871
Mar 202401,57380.301.55$2,430
Feb 202401,00576.091.78$1,793
Jan 202401,47073.023.30$4,848
Dec 20231031,34071.262.61$10,838
Nov 202301,26077.892.81$3,538
Oct 202301,83685.443.09$5,668
Sep 202317872089.042.74$17,818
Aug 202301,69980.522.67$4,541
Jul 202301,85674.852.64$4,903
Jun 202301,42468.962.26$3,216
May 202301,49770.622.23$3,334
Apr 202301,11178.122.24$2,486
Mar 20231781,86572.852.39$17,431
Feb 202301,39975.112.47$3,449
Jan 202301,83376.533.39$6,210
Dec 202201,75776.415.73$10,066
Nov 202201,94285.005.65$10,965
Oct 20221792,16187.185.86$28,277
Sep 202201,57784.888.16$12,874
Aug 2022086894.529.13$7,922
Jul 202201,036101.587.54$7,814
Jun 202201,853115.097.98$14,782
May 20220902109.378.43$7,607
Apr 20221721,911104.226.84$30,992
Mar 20220782108.885.08$3,970
Feb 2022088791.054.86$4,310
Jan 202201,72081.844.54$7,805
Dec 2021096471.323.90$3,759
Nov 2021073177.435.24$3,828
Oct 202101,18779.795.71$6,782
Sep 202101,47869.865.35$7,909
Aug 20211733,48166.024.22$26,113
Jul 202101,26270.783.98$5,025
Jun 202101,27169.493.38$4,297
May 202101,09763.483.02$3,310
Apr 202102,17260.362.76$5,991
Mar 202102,38161.302.72$6,469
Feb 202116594857.805.55$14,796
Jan 202102,11450.412.81$5,941
Dec 202002,57344.642.68$6,884
Nov 20201842,24038.772.71$13,196
Oct 202002,90536.972.48$7,200
Sep 202003,54737.091.99$7,062
Aug 20203344,14339.982.39$23,235
Jul 20201784,58938.371.83$15,205
Jun 20201794,09134.901.69$13,162
May 20200016.921.81$0
Apr 20203094,72614.751.80$13,085
Mar 20201843,27430.341.86$11,660
Feb 20201631,74949.881.98$11,595
Jan 20201851,94457.252.09$14,663
Dec 201913,28559.012.30$7,629
Nov 20193493,06755.302.75$27,736
Oct 20191774,43553.472.42$20,190
Sep 201901,34955.052.66$3,585
Aug 20191843,94753.112.30$18,868
Jul 20191784,48656.272.46$21,052
Jun 20193664,67152.782.49$30,954
May 20191833,61858.482.74$20,616
Apr 201902,19062.632.75$6,024
Mar 20192923,47556.803.06$27,226
Feb 2019012350.852.79$343
Jan 201902,77946.033.23$8,971
Dec 20181881,81446.594.19$16,351
Nov 20181832,01352.934.24$18,216
Oct 20181781,32361.443.40$15,432
Sep 20181831,66459.543.11$16,068
Aug 20181782,11659.403.07$17,062
Jul 201812,73765.142.93$8,090
Jun 20181782,54360.183.08$18,537
May 20181822,65965.382.90$19,612
Apr 201802,74563.842.90$7,963
Mar 20181822,59061.222.79$18,360
Feb 20181792,71061.782.77$18,555
Jan 20181873,60962.874.01$26,226
Dec 20171822,79457.272.92$18,586
Nov 20171803,90455.423.12$22,150
Oct 201702,88149.292.98$8,596
Sep 20171693,18247.523.09$17,855
Aug 20173624,16545.373.00$28,937
Jul 20171762,89643.873.09$16,662
Jun 20171863,26242.493.09$17,974
May 201712,05345.373.26$6,745
Apr 20171823,86747.933.21$21,143
Mar 20173685,39146.772.98$33,296
Feb 20171763,65350.452.95$19,665
Jan 20173686,77149.413.42$41,332
Dec 20163856,06648.763.72$41,355
Nov 20161907,86642.492.64$28,874
Oct 20161849,77246.193.09$38,697
Sep 20161808,81641.553.10$34,814
Aug 20161923,98041.442.92$19,595
Jul 20161846,55841.622.92$26,836
Jun 20161926,23245.352.69$25,445
May 20161915,96542.521.99$19,998
Apr 20161905,67236.561.99$18,240
Mar 20163787,25533.011.79$25,493
Feb 20161945,29726.472.06$16,066
Jan 20161905,71827.352.36$18,716
Dec 20151795,33432.362.00$16,468
Nov 20151924,74238.792.17$17,725
Oct 20153875,54343.552.43$30,304
Sep 201504,98242.992.76$13,742
Aug 20153806,51440.162.87$33,972
Jul 20151926,43548.152.95$28,196
Jun 20151917,14356.152.88$31,317
May 20151948,22655.212.96$35,022
Apr 20153889,02249.822.71$43,749
Mar 20151957,97442.892.93$31,765
Feb 20151957,27444.662.98$30,358
Jan 20153887,39743.433.10$39,786
Dec 20141946,91554.693.59$35,444
Nov 20141928,19070.464.25$48,351
Oct 20141927,44078.303.90$44,057
Sep 201438116,47786.164.05$99,484
Aug 20141836,59589.394.04$42,970
Jul 20141876,44296.564.18$44,982
Jun 20143786,59198.164.74$68,325
May 20141937,98794.734.73$56,034
Apr 20141907,97795.944.81$56,591
Mar 20143877,49995.895.06$75,030
Feb 20141944,47397.406.19$46,592
Jan 20141966,12590.404.86$47,490
Dec 20133867,09891.824.35$66,351
Nov 20131996,51988.853.74$42,051
Oct 20131957,19497.423.78$46,186
Sep 20133847,211104.113.72$66,787
Aug 20131898,667104.253.52$50,234
Jul 20131928,574102.523.72$51,560
Jun 20133838,71894.403.93$70,447
May 201338311,46794.834.15$83,897
Apr 20133796,80193.964.28$64,737
Mar 20131949,97093.623.91$57,174
Feb 20133858,53291.233.42$64,302
Jan 20135829,82091.603.42$86,895
Dec 20121946,72686.773.42$39,837
Nov 20121936,94186.953.62$41,942
Oct 20123837,93189.383.40$61,195
Sep 20121946,14894.672.92$36,308
Aug 20123777,39792.662.91$56,444
Jul 20121906,85585.133.02$36,882
Jun 20121887,74479.822.52$34,514
May 20123899,21291.612.49$58,559
Apr 20121927,847101.652.00$35,186
Mar 20123849,366105.052.22$61,151
Feb 20121958,237101.102.57$40,886
Jan 20125809,43198.092.73$82,677
Dec 20111946,25796.873.24$39,064
Nov 20111905,93495.723.31$37,836
Oct 20113798,03784.983.65$61,531
Sep 20113807,58183.623.99$61,992
Aug 20113779,36083.404.15$70,279
Jul 20111887,97494.144.52$53,719
Jun 20113788,35992.904.64$73,901
May 20113849,71198.134.40$80,457
Apr 201138611,082105.964.33$88,922
Mar 201158710,80896.364.06$100,415
Feb 20111924,89785.644.18$36,912
Jan 20113876,01586.504.59$61,077
Dec 20101975,06085.734.35$38,888
Nov 20103856,97580.843.80$57,596
Oct 20103857,00378.103.51$54,641
Sep 20103798,76872.633.98$62,419
Aug 20103717,69573.684.42$61,342
Jul 20105749,15372.554.74$84,997
Jun 201018810,11770.364.91$62,906
May 201057111,59571.124.24$89,717
Apr 20105729,54181.694.12$86,061
Mar 20103818,92378.394.39$69,027
Feb 20103868,16473.585.44$72,833
Jan 20103807,08874.365.96$70,530
Dec 20093797,58171.445.48$68,648
Nov 20093846,56574.593.75$53,271
Oct 20093878,45672.544.11$62,829
Sep 20093867,18465.543.06$47,316
Aug 20093786,89267.423.22$47,667
Jul 20093787,75261.133.46$49,964
Jun 20093807,37166.163.90$53,851
May 20093848,98854.743.93$56,305
Apr 20095779,88846.773.59$62,459
Mar 20095809,08442.144.06$61,313
Feb 20091925,45332.814.63$31,563
Jan 20093877,22035.865.37$52,656
Dec 20083918,21237.105.98$63,590
Nov 20083936,39455.496.86$65,673
Oct 20083778,06975.246.92$84,219
Sep 20081936,387101.767.88$69,951
Aug 20085718,370114.228.48$136,223
Jul 20081948,231131.0811.39$119,176
Jun 20081915,263131.3313.03$93,675
May 20083825,907123.1711.57$115,420
Apr 20083766,473110.3110.45$109,151
Mar 20083728,814101.909.66$123,086
Feb 20085688,50692.538.77$127,160
Jan 20083839,31290.388.21$111,027
Dec 200756710,22088.337.30$124,709
Nov 200718510,63291.677.29$94,484
Oct 200775412,57582.856.92$149,513
Sep 200737912,66875.846.24$107,844
Aug 200756311,74069.066.39$113,875
Jul 200757412,86370.906.39$122,865
Jun 200756812,27162.007.55$127,843
May 200757110,08158.747.85$112,639
Apr 200758212,30159.617.81$130,705
Mar 200757114,04656.927.30$135,065
Feb 200756312,46355.108.22$133,417
Jan 200775214,10950.306.73$132,735
Dec 200675515,39056.656.92$149,246
Nov 200674118,68554.207.62$182,495
Oct 200674720,74454.906.01$165,761
Sep 200655016,58060.085.04$116,561
Aug 200673116,97468.717.34$174,815
Jul 200654117,21469.376.34$146,713
Jun 200689116,88066.286.38$166,815
May 200655717,05166.016.42$146,320
Apr 200673516,39064.397.36$167,965
Mar 20061,10018,82656.707.08$195,713
Feb 200675716,51957.597.75$171,636
Jan 200672119,73960.598.93$220,020
Dec 200592321,88554.9413.42$344,306
Nov 20051,47538,90054.6910.59$492,557
Oct 20051,47658,28958.3413.80$890,251
Sep 20053316,15361.4512.08$94,662
Aug 20055428,07861.519.80$112,477
Jul 20057298,97055.697.84$110,955
Jun 20053688,30752.337.38$80,572
May 20055518,21245.226.65$79,536
Apr 20055558,47849.207.36$89,708
Mar 20055538,61850.377.15$89,515
Feb 20053657,41745.226.31$63,321
Jan 20055547,54143.166.32$71,586
Dec 20045507,35839.866.75$71,597
Nov 20045426,75445.286.33$67,297
Oct 20043597,00349.706.52$63,468
Sep 20045407,20043.245.28$61,394
Aug 20045488,22842.375.55$68,890
Jul 20045428,37038.286.08$71,672
Jun 20043608,23536.106.43$65,972
May 20047258,33437.486.49$81,299
Apr 20045278,13834.475.86$65,842
Mar 20043807,27134.365.53$53,266
Feb 20040032.455.51$0
Jan 20041357332.036.30$4,784
Dec 20030030.266.30$0
Nov 200318586128.804.60$9,284
Oct 20031858,01128.174.76$43,341
Sep 20033428,31226.314.75$48,475
Aug 20031789,40729.765.13$53,553
Jul 200335510,08229.415.17$62,573
Jun 20031808,85028.565.98$58,090
May 200355010,22326.595.97$75,683
Apr 200336810,41426.675.41$66,126
Mar 200336611,68731.146.10$82,642
Feb 200355611,69933.487.93$111,340
Jan 200336710,99130.315.58$72,476
Dec 200274210,61526.914.85$71,490
Nov 200256411,52724.664.14$61,595
Oct 200253714,87326.464.23$77,109
Sep 200290217,95027.443.64$90,003
Aug 200290614,12425.963.16$68,210
Jul 200268615,48524.583.06$64,273
Jun 200254015,27323.733.34$63,799
May 200272115,21724.663.58$72,318
Apr 200290314,80623.653.51$73,359
Mar 200274116,50122.003.10$67,500
Feb 200255215,95318.222.38$47,957
Jan 20021,09120,33117.172.38$67,032
Dec 200173415,35416.932.36$48,730
Nov 20011,08016,84718.072.41$60,041
Oct 200173118,07619.782.53$60,171
Sep 200190719,45524.262.25$65,803
Aug 200189320,62024.873.05$85,165
Jul 20011,07221,03423.933.20$92,900
Jun 200191721,49524.563.82$104,722
May 20012,57521,20125.524.31$157,033
Apr 20011,09621,39824.685.34$141,214
Mar 20011,49522,20424.545.38$156,066
Feb 200174619,96227.755.77$135,824
Jan 20011,11123,76927.478.40$230,149
Dec 20001,85523,88526.889.12$267,753
Nov 200073322,50432.215.66$150,938
Oct 20001,09423,70131.235.15$156,119
Sep 20001,09924,33631.875.19$161,244
Aug 20001,45226,83629.644.54$164,893
Jul 20001,06827,41128.534.09$142,574
Jun 20001,24127,59529.304.40$157,703
May 20001,27328,75327.263.68$140,506
Apr 20001,27129,03424.513.12$121,622
Mar 20001,28629,90628.422.86$122,072
Feb 20001,48629,37627.622.73$121,137
Jan 20001,86232,46625.272.48$127,585
Dec 19991,49634,02424.282.42$118,788
Nov 19991,64533,96423.192.43$120,816
Oct 19991,49236,32620.982.80$133,150
Sep 19991,81636,17821.752.62$134,243
Aug 19992,23537,96919.262.88$152,230
Jul 19992,19738,93217.892.37$131,665
Jun 19991,82039,09415.942.36$121,355
May 19992,21346,35415.792.32$142,532
Apr 19992,36142,80015.102.21$130,156
Mar 19993,13346,50512.471.84$124,560
Feb 19992,46544,0549.981.82$104,682
Jan 19993,32152,52910.381.90$134,274
Dec 19983,54256,2229.201.77$132,286
Nov 19983,35360,42310.892.19$168,582
Oct 19983,68668,48312.421.97$180,638
Sep 19983,67958,92212.592.08$169,031
Aug 19985,10862,54911.301.91$177,023
Jul 19984,54943,74211.742.24$151,268
Jun 19985,90760,85411.242.24$202,542
May 19986,97355,08012.622.21$209,524
Apr 199810,84597,84513.042.51$386,553
Mar 199813,289116,95712.802.31$440,204
Feb 199813,925120,21013.952.30$470,632
Jan 199820,464158,70914.702.15$642,805
Dec 19971,11910,27716.322.41$43,041

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                  524 bbl  × $106.41 =    $55,759
Casinghead gas     2,205 Mcf  × $  3.05 =     $6,716

────────────────────────────────────────────────────
Month total                                  $62,475

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/23435 is the state's own key, not one this site invented.