WOLF 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 23462District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$69.9 M
Feb 1998 – May 2026
Value, last 12 filed months
$3.1 M
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
OilDisposition1,092,453 bbl$63,928,948
Casinghead gasProduction1,557,609 Mcf$5,996,090
Total$69,925,038

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 20262,70711,703106.413.05$323,697
Apr 20262,50613,91098.932.87$287,836
Mar 20262,48913,98489.753.15$267,430
Feb 20262,63512,99263.503.75$216,047
Jan 20262,78412,83759.138.00$267,287
Dec 20253,17613,23056.664.41$238,341
Nov 20252,95612,95058.593.93$224,039
Oct 20253,35513,88359.383.30$245,101
Sep 20253,52213,34062.743.08$262,016
Aug 20253,35712,13463.933.01$251,194
Jul 20253,50913,11766.743.32$277,676
Jun 20253,42713,82866.483.13$271,091
May 20253,50913,96660.553.23$257,613
Apr 20254,01014,21062.363.54$300,411
Mar 20254,41415,31967.704.27$364,214
Feb 20253,68614,05770.884.34$322,283
Jan 20254,98019,48874.324.28$453,497
Dec 20244,57919,68568.993.12$377,349
Nov 20244,77119,39569.052.20$372,076
Oct 20242,81614,19971.372.28$233,372
Sep 20244,80220,21969.612.36$382,072
Aug 20244,57117,80975.632.06$382,456
Jul 20244,93920,83479.932.15$439,496
Jun 20244,91119,56078.082.63$434,972
May 20245,63020,33678.812.20$488,408
Apr 20245,60920,69084.451.66$508,009
Mar 20246,32722,87680.301.55$543,404
Feb 20245,72218,41476.091.78$468,231
Jan 20242,9097,27373.023.30$236,399
Dec 20236,18514,81671.262.61$479,424
Nov 20236,22118,63377.892.81$536,867
Oct 20236,22018,69585.443.09$589,154
Sep 20236,53222,40789.042.74$642,893
Aug 20237,67122,05980.522.67$676,630
Jul 20237,42821,97374.852.64$614,034
Jun 20237,32121,06368.962.26$552,427
May 20238,71924,14270.622.23$669,510
Apr 20239,57222,75778.122.24$798,689
Mar 20237,23317,39172.852.39$568,544
Feb 20238,54721,11175.112.47$694,018
Jan 202310,05524,87676.533.39$853,782
Dec 202210,53024,83976.415.73$946,902
Nov 202211,05125,64385.005.65$1,084,121
Oct 202212,08527,62587.185.86$1,215,557
Sep 202212,49727,53984.888.16$1,285,565
Aug 202214,48530,26394.529.13$1,645,337
Jul 202215,93430,822101.587.54$1,851,038
Jun 202217,38131,727115.097.98$2,253,472
May 202219,52938,209109.378.43$2,458,105
Apr 202221,74438,289104.226.84$2,527,965
Mar 202226,45636,544108.885.08$3,066,041
Feb 202228,04431,29091.054.86$2,705,439
Jan 20229,6631,95981.844.54$799,709
Dec 20212,6942,69971.323.90$202,660
Nov 20212,6943,70377.435.24$227,988
Oct 20214,2916,25379.795.71$378,108
Sep 20214,3095,58869.865.35$330,928
Aug 20214,8276,55966.024.22$346,361
Jul 20214,6406,84770.783.98$355,685
Jun 20215,7696,75469.493.38$423,721
May 20215,1387,05763.483.02$347,456
Apr 20215,1735,49460.362.76$327,397
Mar 20216,6244,49161.302.72$418,253
Feb 20214,6344,31257.805.55$291,768
Jan 20217,0446,49750.412.81$373,346
Dec 20206,8767,22644.642.68$326,278
Nov 20208,1277,22638.772.71$334,641
Oct 20205,9815,23036.972.48$234,080
Sep 20205,7275,53637.091.99$223,437
Aug 20207,7458,95739.982.39$331,008
Jul 202011,23514,41738.371.83$457,400
Jun 20201,249034.901.69$43,590
May 20204,9788,12616.921.81$98,974
Apr 20209,21812,36514.751.80$158,277
Mar 20209,51212,15830.341.86$311,162
Feb 202010,48612,32349.881.98$547,449
Jan 202012,24415,86257.252.09$734,196
Dec 201912,70533,11759.012.30$826,036
Nov 201915,32317,62455.302.75$895,840
Oct 201915,95719,70553.472.42$900,878
Sep 201917,67719,81355.052.66$1,025,768
Aug 201922,22921,16253.112.30$1,229,347
Jul 201926,49420,20556.272.46$1,540,523
Jun 201932,73315,08152.782.49$1,765,218
May 201939,09113,51858.482.74$2,323,085
Apr 201918,2605,34062.632.75$1,158,313
Mar 2019705256.803.06$40,050
Feb 20195263950.852.79$26,856
Jan 201991014446.033.23$42,352
Dec 2018938346.594.19$43,714
Nov 20181,1453052.934.24$60,732
Oct 20181,6619761.443.40$102,381
Sep 20183,01219059.543.11$179,925
Aug 20182,63336559.403.07$157,519
Jul 201835117765.142.93$23,383
Jun 201837323460.183.08$23,167
May 201837517165.382.90$25,014
Apr 201836224463.842.90$23,818
Mar 201816919661.222.79$10,892
Feb 201834216561.782.77$21,585
Jan 201818617462.874.01$12,391
Dec 201735719757.272.92$21,021
Nov 201736119755.423.12$20,621
Oct 201737522049.292.98$19,140
Sep 201737023547.523.09$18,308
Aug 201737928645.373.00$18,054
Jul 201719122543.873.09$9,074
Jun 201754926542.493.09$24,145
May 201736429345.373.26$17,471
Apr 201755543647.933.21$28,001
Mar 201718319646.772.98$9,144
Feb 201717214250.452.95$9,097
Jan 201735911249.413.42$18,121
Dec 2016179048.763.72$8,728
Nov 20163658442.492.64$15,731
Oct 201617820846.193.09$8,865
Sep 201635518441.553.10$15,321
Aug 201635420041.442.92$15,255
Jul 201617823941.622.92$8,107
Jun 201618218045.352.69$8,737
May 201635223842.521.99$15,441
Apr 201618122836.561.99$7,071
Mar 201635825833.011.79$12,280
Feb 201619423926.472.06$5,628
Jan 201635724527.352.36$10,343
Dec 201518225832.362.00$6,406
Nov 201518624738.792.17$7,750
Oct 201536124543.552.43$16,316
Sep 201535723242.992.76$15,987
Aug 201517425940.162.87$7,732
Jul 201537227448.152.95$18,719
Jun 201536628456.152.88$21,370
May 201536328855.212.96$20,892
Apr 201517826949.822.71$9,596
Mar 201536028442.892.93$16,274
Feb 201535724944.662.98$16,685
Jan 201517626343.433.10$8,459
Dec 201435528854.693.59$20,449
Nov 201435926570.464.25$26,422
Oct 201418127278.303.90$15,233
Sep 201435827386.164.05$31,950
Aug 201436429889.394.04$33,740
Jul 201435727896.564.18$35,634
Jun 201418227998.164.74$19,187
May 201436128394.734.73$35,535
Apr 201418416095.944.81$18,422
Mar 201437715495.895.06$36,929
Feb 201418614997.406.19$19,039
Jan 201436613890.404.86$33,757
Dec 201317125191.824.35$16,794
Nov 201335725588.853.74$32,673
Oct 201335724397.423.78$35,697
Sep 2013177252104.113.72$19,364
Aug 2013358250104.253.52$38,202
Jul 2013365276102.523.72$38,446
Jun 201336122994.403.93$34,979
May 201336222394.834.15$35,254
Apr 201317421893.964.28$17,283
Mar 201353522293.623.91$50,955
Feb 201317815491.233.42$16,766
Jan 201336918791.603.42$34,440
Dec 201237223586.773.42$33,082
Nov 201235721786.953.62$31,828
Oct 201217824089.383.40$16,726
Sep 201235716494.672.92$34,276
Aug 201236624592.662.91$34,626
Jul 201235915785.133.02$31,036
Jun 201237521879.822.52$30,482
May 201236324791.612.49$33,869
Apr 2012540340101.652.00$55,570
Mar 2012724340105.052.22$76,812
Feb 2012077101.102.57$198
Jan 201219516998.092.73$19,590
Dec 201137720896.873.24$37,194
Nov 201137417395.723.31$36,372
Oct 201138018984.983.65$32,982
Sep 201136733283.623.99$32,012
Aug 201136736483.404.15$32,118
Jul 201119232894.144.52$19,557
Jun 201137932992.904.64$36,736
May 201138032898.134.40$38,734
Apr 2011370338105.964.33$40,670
Mar 201136625896.364.06$36,315
Feb 201136820785.644.18$32,381
Jan 201136822986.504.59$32,883
Dec 201036725585.734.35$32,572
Nov 201057430680.843.80$47,564
Oct 201037836578.103.51$30,803
Sep 201037437472.633.98$28,652
Aug 201019132673.684.42$15,514
Jul 201036336272.554.74$28,050
Jun 201035335870.364.91$26,595
May 201052838171.124.24$39,165
Apr 201035535781.694.12$30,472
Mar 201036336078.394.39$30,035
Feb 201036132573.585.44$28,331
Jan 201036639974.365.96$29,595
Dec 200935640771.445.48$27,665
Nov 200936441074.593.75$28,689
Oct 200936142372.544.11$27,926
Sep 200953543065.543.06$36,382
Aug 200935646667.423.22$25,501
Jul 200936248061.133.46$23,792
Jun 200957233466.163.90$39,144
May 200939044854.743.93$23,107
Apr 200936040246.773.59$18,279
Mar 200937739942.144.06$17,506
Feb 200943617232.814.63$15,102
Jan 200955129835.865.37$21,359
Dec 200855846737.105.98$23,493
Nov 200838747655.496.86$24,740
Oct 200858667475.246.92$48,756
Sep 200825178101.767.88$26,156
Aug 2008386303114.228.48$46,659
Jul 2008583565131.0811.39$82,855
Jun 2008775420131.3313.03$107,254
May 2008583414123.1711.57$76,600
Apr 2008585475110.3110.45$69,497
Mar 2008577496101.909.66$63,590
Feb 200878447592.538.77$76,710
Jan 200859248190.388.21$57,452
Dec 200778855388.337.30$73,642
Nov 200777549891.677.29$74,676
Oct 200778257482.856.92$68,762
Sep 200777759675.846.24$62,649
Aug 200778056669.066.39$57,482
Jul 200757352770.906.39$43,992
Jun 200759250262.007.55$40,493
May 200778653858.747.85$50,391
Apr 200757546659.617.81$37,913
Mar 200759248556.927.30$37,238
Feb 200776547355.108.22$46,038
Jan 200757852450.306.73$32,598
Dec 200677848856.656.92$47,450
Nov 200672847154.207.62$43,045
Oct 200653852954.906.01$32,718
Sep 200673850360.085.04$46,873
Aug 200672455668.717.34$53,827
Jul 200673956469.376.34$54,842
Jun 200694156066.286.38$65,944
May 200675147266.016.42$52,606
Apr 200674345064.397.36$51,154
Mar 200693154556.707.08$56,648
Feb 200654747457.597.75$35,176
Jan 200690455060.598.93$59,687
Dec 20051,00753854.9413.42$62,542
Nov 200568344854.6910.59$42,097
Oct 200590053258.3413.80$59,845
Sep 200574154061.4512.08$52,057
Aug 200591773861.519.80$63,635
Jul 200573638655.697.84$44,015
Jun 200592649952.337.38$52,141
May 200592658845.226.65$45,785
Apr 200590657249.207.36$48,785
Mar 200589153450.377.15$48,700
Feb 20051,01550745.226.31$49,098
Jan 200572860043.166.32$35,214
Dec 200493057039.866.75$40,918
Nov 20041,11258345.286.33$54,042
Oct 200491765849.706.52$49,862
Sep 20041,11462343.245.28$51,461
Aug 20041,11763042.375.55$50,824
Jul 200494758338.286.08$39,798
Jun 200492657536.106.43$37,128
May 200491851637.486.49$37,758
Apr 200492559634.475.86$35,376
Mar 20041,07457234.365.53$40,066
Feb 200489262732.455.51$32,400
Jan 20041,08462032.036.30$38,626
Dec 200393956730.266.30$31,987
Nov 20031,12164128.804.60$35,230
Oct 20031,11662428.174.76$34,408
Sep 20031,11258126.314.75$32,016
Aug 20031,11279929.765.13$37,192
Jul 20031,29359129.415.17$41,083
Jun 20031,10172328.565.98$35,770
May 20031,33578926.595.97$40,210
Apr 20031,33478826.675.41$39,839
Mar 20031,25376131.146.10$43,658
Feb 20031,08558033.487.93$40,923
Jan 20031,37959830.315.58$45,136
Dec 20021,28881526.914.85$38,616
Nov 20021,62083124.664.14$43,387
Oct 20021,25285326.464.23$36,735
Sep 20021,24983627.443.64$37,312
Aug 20021,42186925.963.16$39,639
Jul 20021,42970424.583.06$37,280
Jun 20021,46764023.733.34$36,948
May 20021,6541,06824.663.58$44,615
Apr 20021,62798523.653.51$41,938
Mar 20021,7971,07222.003.10$42,860
Feb 20021,26952318.222.38$24,364
Jan 20021,92587517.172.38$35,131
Dec 20011,5471,29416.932.36$29,250
Nov 20012,0661,23418.072.41$40,301
Oct 20011,7801,17419.782.53$38,177
Sep 20012,1051,13824.262.25$53,629
Aug 20012,0511,46524.873.05$55,481
Jul 20012,0361,44023.933.20$53,325
Jun 20012,0761,78124.563.82$57,797
May 20012,4251,80025.524.31$69,639
Apr 20012,3731,95424.685.34$68,991
Mar 20012,9212,09724.545.38$82,956
Feb 20012,3281,04627.755.77$70,634
Jan 20012,3741,13827.478.40$74,772
Dec 20002,9601,80126.889.12$95,994
Nov 20002,5041,54032.215.66$89,367
Oct 20003,0481,51031.235.15$102,959
Sep 20002,9521,03531.875.19$99,448
Aug 20002,8561,41229.644.54$91,063
Jul 20003,2221,29528.534.09$97,220
Jun 20003,00386929.304.40$91,809
May 20003,34985127.263.68$94,425
Apr 20001,94724424.513.12$48,481
Mar 20002,48228828.422.86$71,362
Feb 20002,44831527.622.73$68,473
Jan 20002,65516225.272.48$67,494
Dec 19993,18934124.282.42$78,255
Nov 19992,9651,29523.192.43$71,910
Oct 19993,5221,06720.982.80$76,883
Sep 19991,823221.752.62$39,655
Aug 19992,74398419.262.88$55,660
Jul 19993,6371,00517.892.37$67,450
Jun 19993,60566815.942.36$59,042
May 19993,8801,22815.792.32$64,115
Apr 19993,86492315.102.21$60,384
Mar 19994,3371,25312.471.84$56,386
Feb 19994,0651,1509.981.82$42,659
Jan 19994,7661,50210.381.90$52,325
Dec 19985,2202,7839.201.77$52,959
Nov 19985,6743,13010.892.19$68,631
Oct 19987,2493,40912.421.97$96,746
Sep 19987,5394,72112.592.08$104,748
Aug 19989,7536,37911.301.91$122,376
Jul 199812,0234,38111.742.24$150,952
Jun 199816,4143,37011.242.24$192,033
May 199825,9175,91012.622.21$340,112
Apr 19983,1692,02913.042.51$46,407
Mar 19985,5535,41512.802.31$83,584
Feb 19986,0323,23413.952.30$91,582

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                2,707 bbl  × $106.41 =   $288,052
Casinghead gas    11,703 Mcf  × $  3.05 =    $35,645

────────────────────────────────────────────────────
Month total                                 $323,697

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/23462 is the state's own key, not one this site invented.