FORTITER

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 23443District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$692 k
Mar 1998 – Sep 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
283
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
OilDisposition17,659 bbl$445,672
Casinghead gasProduction60,597 Mcf$246,495
Total$692,166

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 29.8691, -96.8275. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.86911, -96.82751 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
15,477 ft
1 wells filed one
Completion to plug
20.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 15,477 ft.

Completions filed
Apr 2001
1 of 1 wells
Plug dates filed
Aug 2021
1 of 1 wells

Last completion to plug: a median of 20.3 years across the 1 well that filed both dates, with the middle half between 20.3 years and 20.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14932224115,477 ftApr 2001Aug 2021Yes

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 (283)

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

283 months

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 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200957042.144.06$2,402
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008190055.496.86$10,543
Oct 200803775.246.92$256
Sep 2008062101.767.88$488
Aug 2008032114.228.48$271
Jul 2008038131.0811.39$433
Jun 200818544131.3313.03$24,869
May 2008139123.1711.57$575
Apr 2008039110.3110.45$408
Mar 2008040101.909.66$387
Feb 20081795692.538.77$17,054
Jan 200804790.388.21$386
Dec 200705988.337.30$431
Nov 200705391.677.29$386
Oct 20071878082.856.92$16,047
Sep 200708975.846.24$556
Aug 200719669.066.39$682
Jul 200717018270.906.39$13,216
Jun 2007014862.007.55$1,117
May 2007020958.747.85$1,640
Apr 200718128059.617.81$12,975
Mar 200718811056.927.30$11,504
Feb 2007140355.108.22$3,366
Jan 200735879150.306.73$23,328
Dec 200601656.656.92$111
Nov 200603754.207.62$282
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060566.016.42$32
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005187054.9413.42$10,274
Nov 2005017754.6910.59$1,874
Oct 2005018758.3413.80$2,580
Sep 200513861.4512.08$520
Aug 200517635761.519.80$14,323
Jul 200501255.697.84$94
Jun 200509852.337.38$723
May 20050045.226.65$0
Apr 2005174049.207.36$8,561
Mar 2005030350.377.15$2,168
Feb 2005031945.226.31$2,014
Jan 2005036643.166.32$2,314
Dec 20041863439.866.75$7,644
Nov 2004027545.286.33$1,741
Oct 2004028049.706.52$1,824
Sep 200418138843.245.28$9,877
Aug 2004024842.375.55$1,377
Jul 20040038.286.08$0
Jun 200418647736.106.43$9,783
May 2004039537.486.49$2,565
Apr 20040034.475.86$0
Mar 2004040434.365.53$2,234
Feb 200418447432.455.51$8,582
Jan 200409732.036.30$611
Dec 200317421630.266.30$6,626
Nov 200318641328.804.60$7,255
Oct 2003047028.174.76$2,237
Sep 200303426.314.75$161
Aug 2003070929.765.13$3,637
Jul 2003067329.415.17$3,480
Jun 200319348528.565.98$8,414
May 2003044126.595.97$2,634
Apr 2003032226.675.41$1,741
Mar 2003164531.146.10$3,963
Feb 200318269433.487.93$11,594
Jan 2003036730.315.58$2,049
Dec 2002018126.914.85$879
Nov 2002153224.664.14$2,226
Oct 200218995226.464.23$9,027
Sep 2002182927.443.64$3,041
Aug 200218556625.963.16$6,594
Jul 2002047724.583.06$1,460
Jun 200205423.733.34$180
May 200218046024.663.58$6,087
Apr 200217843723.653.51$5,745
Mar 200216322.003.10$217
Feb 200215951518.222.38$4,120
Jan 2002238617.172.38$951
Dec 200118020116.932.36$3,523
Nov 200118437718.072.41$4,232
Oct 2001151619.782.53$1,325
Sep 200118246124.262.25$5,453
Aug 200118354324.873.05$6,209
Jul 20011801,07223.933.20$7,735
Jun 200118631424.563.82$5,769
May 20015672,11925.524.31$23,597
Apr 20013502,76724.685.34$23,401
Mar 20012024.545.38$49
Feb 20010027.755.77$0
Jan 200117045327.478.40$8,475
Dec 200018243226.889.12$8,833
Nov 200017944032.215.66$8,255
Oct 2000021931.235.15$1,127
Sep 200003,24031.875.19$16,804
Aug 200032413429.644.54$10,212
Jul 200018120328.534.09$5,994
Jun 20003631,32429.304.40$16,458
May 2000143,19327.263.68$12,131
Apr 2000141324.513.12$3,465
Mar 200009028.422.86$257
Feb 20001883,69427.622.73$15,264
Jan 200018478325.272.48$6,592
Dec 19991931,09024.282.42$7,328
Nov 199913823.192.43$116
Oct 19997352,53720.982.80$22,533
Sep 1999036021.752.62$943
Aug 19991891,29819.262.88$7,373
Jul 1999248617.892.37$1,189
Jun 19990015.942.36$0
May 1999029815.792.32$692
Apr 1999033615.102.21$742
Mar 199937841512.471.84$5,477
Feb 19993151889.981.82$3,485
Jan 199918021910.381.90$2,284
Dec 19983827579.201.77$4,857
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 199805512.592.08$115
Aug 19985563611.301.91$6,351
Jul 199836623311.742.24$4,818
Jun 199856439711.242.24$7,228
May 19985261,16912.622.21$9,217
Apr 19981,3161,57313.042.51$21,102
Mar 19983,4107,69212.802.31$61,412

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.

Mar 2009 — as filed, then multipliedworked
Oil                   57 bbl  × $ 42.14 =     $2,402
Casinghead gas         0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $2,402

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/23443 is the state's own key, not one this site invented.