BERETTA 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 23447District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$7.1 M
Mar 1997 – May 2026
Value, last 12 filed months
$57 k
at the published price for each month
Months reported
351
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
OilDisposition194,123 bbl$6,430,359
Casinghead gasProduction178,084 Mcf$718,128
Total$7,148,486

Every month this lease reported (351)

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

351 months

May 20260162106.413.05$493
Apr 2026023298.932.87$666
Mar 202617123289.753.15$16,078
Feb 202601663.503.75$60
Jan 2026019259.138.00$1,536
Dec 202517424856.664.41$10,953
Nov 2025024058.593.93$942
Oct 2025012259.383.30$403
Sep 202517017862.743.08$11,213
Aug 2025124063.933.01$787
Jul 2025018766.743.32$620
Jun 202518324066.483.13$12,917
May 2025013460.553.23$433
Apr 2025015862.363.54$560
Mar 202517413667.704.27$12,360
Feb 2025013170.884.34$569
Jan 2025021274.324.28$907
Dec 202417624868.993.12$12,916
Nov 202417418169.052.20$12,413
Oct 2024013371.372.28$303
Sep 2024023269.612.36$549
Aug 202417724875.632.06$13,898
Jul 202418424879.932.15$15,239
Jun 2024023378.082.63$614
May 2024119678.812.20$510
Apr 20240084.451.66$0
Mar 202417919380.301.55$14,672
Feb 2024113676.091.78$319
Jan 202418873.023.30$363
Dec 2023012871.262.61$334
Nov 202317724077.892.81$14,460
Oct 202335724885.443.09$31,268
Sep 202317420189.042.74$16,043
Aug 20230080.522.67$0
Jul 2023012874.852.64$338
Jun 202335524068.962.26$25,023
May 202316824870.622.23$12,417
Apr 202316722778.122.24$13,554
Mar 2023024872.852.39$594
Feb 2023011575.112.47$284
Jan 202318119576.533.39$14,513
Dec 202217720776.415.73$14,710
Nov 202235524085.005.65$31,530
Oct 202218024887.185.86$17,147
Sep 202217624084.888.16$16,898
Aug 202217624894.529.13$18,899
Jul 2022348248101.587.54$37,220
Jun 2022177225115.097.98$22,166
May 2022183168109.378.43$21,431
Apr 202200104.226.84$0
Mar 2022187112108.885.08$20,929
Feb 202217922491.054.86$17,386
Jan 202219024881.844.54$16,675
Dec 2021186071.323.90$13,266
Nov 2021185077.435.24$14,325
Oct 2021356079.795.71$28,405
Sep 2021363069.865.35$25,359
Aug 2021178066.024.22$11,752
Jul 2021332070.783.98$23,499
Jun 2021349069.493.38$24,252
May 2021341063.483.02$21,647
Apr 2021330060.362.76$19,919
Mar 2021359061.302.72$22,007
Feb 2021181057.805.55$10,462
Jan 20210050.412.81$0
Dec 2020171044.642.68$7,633
Nov 2020370038.772.71$14,345
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020177039.982.39$7,076
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20201723214.751.80$2,595
Mar 20200030.341.86$0
Feb 202002149.881.98$42
Jan 20204889357.252.09$28,133
Dec 20191767759.012.30$10,563
Nov 20193638955.302.75$20,319
Oct 20193783853.472.42$20,304
Sep 2019178555.052.66$9,812
Aug 20190153.112.30$2
Jul 201904956.272.46$121
Jun 20191776052.782.49$9,492
May 20191658.482.74$75
Apr 20191656162.632.75$10,502
Mar 20191689356.803.06$9,827
Feb 2019213350.852.79$473
Jan 2019161046.033.23$7,411
Dec 2018179046.594.19$8,340
Nov 20181877052.934.24$10,195
Oct 20181615861.443.40$10,089
Sep 20181844659.543.11$11,098
Aug 2018022659.403.07$693
Jul 201818319665.142.93$12,495
Jun 201816920460.183.08$10,798
May 201819324865.382.90$13,338
Apr 2018122663.842.90$719
Mar 201819011861.222.79$11,961
Feb 201814219461.782.77$9,309
Jan 201819322862.874.01$13,048
Dec 201715919357.272.92$9,670
Nov 201719418655.423.12$11,331
Oct 2017010349.292.98$307
Sep 201719319847.523.09$9,783
Aug 201719125645.373.00$9,435
Jul 201719210443.873.09$8,744
Jun 20171899042.493.09$8,308
May 2017015045.373.26$490
Apr 2017187047.933.21$8,963
Mar 2017195046.772.98$9,120
Feb 20170050.452.95$0
Jan 2017198049.413.42$9,783
Dec 2016180048.763.72$8,777
Nov 20161862542.492.64$7,969
Oct 201617926046.193.09$9,071
Sep 201618425541.553.10$8,436
Aug 201618026741.442.92$8,240
Jul 201617428141.622.92$8,064
Jun 2016223145.352.69$711
May 201618526842.521.99$8,400
Apr 201618026336.561.99$7,104
Mar 201618926333.011.79$6,711
Feb 201618524326.472.06$5,398
Jan 201618524327.352.36$5,634
Dec 201518625632.362.00$6,531
Nov 2015024238.792.17$524
Oct 201518526843.552.43$8,707
Sep 201518227642.992.76$8,586
Aug 201517925440.162.87$7,918
Jul 201518332748.152.95$9,774
Jun 201517829956.152.88$10,857
May 201519329555.212.96$11,527
Apr 201518029449.822.71$9,763
Mar 201519131242.892.93$9,108
Feb 201518128744.662.98$8,938
Jan 201509643.433.10$298
Dec 201417527654.693.59$10,562
Nov 201417328870.464.25$13,414
Oct 201418930478.303.90$15,985
Sep 201418729186.164.05$17,289
Aug 201418333389.394.04$17,702
Jul 201417932096.564.18$18,622
Jun 201419132798.164.74$20,298
May 201419034594.734.73$19,629
Apr 201419532195.944.81$20,252
Mar 2014227095.895.06$1,557
Feb 201416826197.406.19$17,979
Jan 201418129590.404.86$17,796
Dec 201318232091.824.35$18,105
Nov 201318035388.853.74$17,313
Oct 201317236797.423.78$18,143
Sep 2013180373104.113.72$20,127
Aug 2013179436104.253.52$20,197
Jul 2013179443102.523.72$19,998
Jun 201317843094.403.93$18,495
May 201317845394.834.15$18,759
Apr 201317343693.964.28$18,122
Mar 201317944593.623.91$18,499
Feb 201318439091.233.42$18,120
Jan 201318042091.603.42$17,924
Dec 201218239586.773.42$17,143
Nov 201218538286.953.62$17,470
Oct 201218239889.383.40$17,620
Sep 201237126194.672.92$35,884
Aug 201218222592.662.91$17,518
Jul 201236019385.133.02$31,230
Jun 201237431079.822.52$30,634
May 201218037591.612.49$17,423
Apr 2012174359101.652.00$18,404
Mar 2012184360105.052.22$20,129
Feb 2012170316101.102.57$17,999
Jan 201237134298.092.73$37,326
Dec 201117933596.873.24$18,425
Nov 201118331095.723.31$18,543
Oct 201118438484.983.65$17,037
Sep 201118941183.623.99$17,442
Aug 201118843583.404.15$17,484
Jul 201117830694.144.52$18,139
Jun 201136339092.904.64$35,532
May 201118641598.134.40$20,080
Apr 2011180448105.964.33$21,014
Mar 201118148896.364.06$19,421
Feb 201136942885.644.18$33,390
Jan 201119593686.504.59$21,163
Dec 201017896885.734.35$19,469
Nov 201018489780.843.80$18,279
Oct 20103641,02078.103.51$32,007
Sep 201018196972.633.98$17,002
Aug 201018096173.684.42$17,509
Jul 20101801,03172.554.74$17,942
Jun 201018297770.364.91$17,603
May 201036486371.124.24$29,543
Apr 201018087781.694.12$18,320
Mar 201017983878.394.39$17,710
Feb 201036690673.585.44$31,861
Jan 201018395674.365.96$19,310
Dec 200936197571.445.48$31,137
Nov 20093601,04774.593.75$30,780
Oct 20091801,00972.544.11$17,204
Sep 20093601,03065.543.06$26,751
Aug 20091791,08367.423.22$15,554
Jul 20093591,06561.133.46$25,635
Jun 20091801,03166.163.90$15,925
May 20093661,06554.743.93$24,216
Apr 20091811,02546.773.59$12,143
Mar 200936198242.144.06$19,198
Feb 200918192432.814.63$10,220
Jan 20093791,02035.865.37$19,069
Dec 2008095437.105.98$5,702
Nov 200838996055.496.86$28,172
Oct 200838999075.246.92$36,121
Sep 2008186975101.767.88$26,608
Aug 20083881,095114.228.48$53,606
Jul 20083851,107131.0811.39$63,074
Jun 20081911,085131.3313.03$39,224
May 2008393993123.1711.57$59,899
Apr 20083981,036110.3110.45$54,735
Mar 20083861,061101.909.66$49,587
Feb 200819673692.538.77$24,591
Jan 20085831,10290.388.21$61,734
Dec 20073911,14788.337.30$42,912
Nov 20073831,16791.677.29$43,619
Oct 20075791,10182.856.92$55,591
Sep 2007043675.846.24$2,722
Aug 20075731,00269.066.39$45,972
Jul 20075971,13270.906.39$49,558
Jun 200737836062.007.55$26,153
May 20070058.747.85$0
Apr 200705959.617.81$461
Mar 20073771,25156.927.30$30,594
Feb 200738963655.108.22$26,659
Jan 200718570850.306.73$14,068
Dec 20067741,02356.656.92$50,925
Nov 20060054.207.62$0
Oct 20065561,09054.906.01$37,079
Sep 200656677560.085.04$37,909
Aug 200619146468.717.34$16,529
Jul 200619238769.376.34$15,774
Jun 20060066.286.38$0
May 200618080966.016.42$17,080
Apr 200637170464.397.36$29,070
Mar 200623243356.707.08$16,221
Feb 200618662757.597.75$15,572
Jan 200637068860.598.93$28,564
Dec 200518716354.9413.42$12,460
Nov 20051903954.6910.59$10,804
Oct 20053883958.3413.80$23,174
Sep 20051885361.4512.08$12,193
Aug 20053554361.519.80$22,257
Jul 20053693755.697.84$20,840
Jun 20051453652.337.38$7,854
May 200534210845.226.65$16,184
Apr 20053518549.207.36$17,895
Mar 200537011550.377.15$19,460
Feb 20053603745.226.31$16,513
Jan 20053644943.166.32$16,020
Dec 200436714439.866.75$15,601
Nov 200438516845.286.33$18,496
Oct 200437113249.706.52$19,299
Sep 200436213643.245.28$16,371
Aug 200438136842.375.55$18,186
Jul 200456843938.286.08$24,414
Jun 200456562736.106.43$24,430
May 200477755437.486.49$32,720
Apr 200457231934.475.86$21,586
Mar 200437114134.365.53$13,527
Feb 200438428332.455.51$14,020
Jan 200477035832.036.30$26,918
Dec 200356627630.266.30$18,866
Nov 200357830328.804.60$18,039
Oct 200394240428.174.76$28,459
Sep 200357737626.314.75$16,967
Aug 200374739729.765.13$24,267
Jul 200357147829.415.17$19,265
Jun 200375544628.565.98$24,231
May 200391753326.595.97$27,566
Apr 200337015626.675.41$10,711
Mar 200333912231.146.10$11,300
Feb 20036949033.487.93$23,948
Jan 200371124430.315.58$22,912
Dec 200288130126.914.85$25,169
Nov 200295038224.664.14$25,007
Oct 20021,07347126.464.23$30,384
Sep 20021,08238127.443.64$31,075
Aug 20021,22951525.963.16$33,534
Jul 20021,06847424.583.06$27,703
Jun 200291040623.733.34$22,950
May 20021,25541224.663.58$32,425
Apr 20021,10034623.653.51$27,230
Mar 20021,11131922.003.10$25,432
Feb 200291826918.222.38$17,365
Jan 20021,27830317.172.38$22,663
Dec 20011,30230116.932.36$22,755
Nov 20011,27432918.072.41$23,813
Oct 20011,28526119.782.53$26,077
Sep 20015367224.262.25$13,165
Aug 200191019824.873.05$23,236
Jul 200189617723.933.20$22,007
Jun 200190113824.563.82$22,656
May 200166815525.524.31$17,715
Apr 20015399924.685.34$13,831
Mar 20013504524.545.38$8,831
Feb 200113427.755.77$224
Jan 20011763727.478.40$5,145
Dec 200047927126.889.12$15,348
Nov 200087747832.215.66$30,953
Oct 200086746631.235.15$29,474
Sep 200080136131.875.19$27,400
Aug 20001,03563929.644.54$33,579
Jul 20001,18363328.534.09$36,340
Jun 200085063829.304.40$27,710
May 20001,06068527.263.68$31,416
Apr 20001,07152424.513.12$27,883
Mar 20001,07964128.422.86$32,498
Feb 20001,22868827.622.73$35,793
Jan 20001,43666125.272.48$37,927
Dec 19991,08051024.282.42$27,459
Nov 19991,42560823.192.43$34,526
Oct 19991,40868320.982.80$31,455
Sep 19991,06776421.752.62$25,208
Aug 19991,40663319.262.88$28,900
Jul 19991,05975317.892.37$20,732
Jun 19991,41488315.942.36$24,625
May 19991,41281815.792.32$24,194
Apr 19991,42768115.102.21$23,051
Mar 19991,43092812.471.84$19,538
Feb 19991,4218069.981.82$15,647
Jan 19991,6061,06510.381.90$18,694
Dec 19981,7861,1479.201.77$18,465
Nov 19981,7651,08710.892.19$21,597
Oct 19981,6031,09412.421.97$22,064
Sep 19981,7811,05212.592.08$24,614
Aug 19981,93992511.301.91$23,675
Jul 19981,93162511.742.24$24,068
Jun 19982,11476711.242.24$25,477
May 19982,1171,03712.622.21$29,005
Apr 19982,3121,03913.042.51$32,752
Mar 19982,3101,00612.802.31$31,891
Feb 19982,13886713.952.30$31,818
Jan 19982,65391714.702.15$40,975
Dec 19972,48288816.322.41$42,647
Nov 19972,8442,09618.193.09$58,205
Oct 19973,1825,13419.253.15$77,425
Sep 19973,4965,01417.742.95$76,835
Aug 19974,2436,31317.862.55$91,908
Jul 19973,7076,29017.582.25$79,302
Jun 19975,1726,60217.242.26$104,067
May 19978,0327,44518.972.31$169,554
Apr 199713,8347,39617.882.08$262,756
Mar 19979,1431318.951.94$173,285

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       162 Mcf  × $  3.05 =       $493

────────────────────────────────────────────────────
Month total                                     $493

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/23447 is the state's own key, not one this site invented.