SCHADENFREUDE UNIT

Name: SCHADENFREUDE UNIT lease production and value, Mar 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 23502District 03Field 34733500OilCasinghead gasSave Export

Value, all time

$5.3 M

Mar 1998 – Oct 2018

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

248

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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.

Stream	Basis	Volume	Value
Oil	Disposition	66,584 bbl	$1,518,151
Casinghead gas	Production	1,070,945 Mcf	$3,763,309
Total			$5,281,460

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 30.5059, -96.1614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50590, -96.16141 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

11,876 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

1100.0%

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.

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 11,876 ft.

Completions filed

Mar 1998

1 of 1 wells

1 well


42-04131914	1	11,876 ft	Mar 1998	—	Yes

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 (248)

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

248 months


Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	25	0	65.14	2.93	$1,629
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	229	57.27	2.92	$669
Nov 2017	0	262	55.42	3.12	$817
Oct 2017	0	259	49.29	2.98	$773
Sep 2017	0	247	47.52	3.09	$763
Aug 2017	0	154	45.37	3.00	$463
Jul 2017	0	154	43.87	3.09	$475
Jun 2017	0	142	42.49	3.09	$438
May 2017	0	219	45.37	3.26	$715
Apr 2017	0	245	47.93	3.21	$787
Mar 2017	0	534	46.77	2.98	$1,593
Feb 2017	0	220	50.45	2.95	$650
Jan 2017	0	206	49.41	3.42	$704
Dec 2016	1	577	48.76	3.72	$2,197
Nov 2016	0	207	42.49	2.64	$547
Oct 2016	0	146	46.19	3.09	$451
Sep 2016	0	375	41.55	3.10	$1,163
Aug 2016	0	299	41.44	2.92	$874
Jul 2016	0	336	41.62	2.92	$983
Jun 2016	0	138	45.35	2.69	$371
May 2016	0	300	42.52	1.99	$597
Apr 2016	0	178	36.56	1.99	$354
Mar 2016	0	298	33.01	1.79	$535
Feb 2016	0	165	26.47	2.06	$341
Jan 2016	128	18	27.35	2.36	$3,543
Dec 2015	0	33	32.36	2.00	$66
Nov 2015	0	276	38.79	2.17	$598
Oct 2015	0	543	43.55	2.43	$1,318
Sep 2015	0	565	42.99	2.76	$1,559
Aug 2015	0	574	40.16	2.87	$1,649
Jul 2015	0	546	48.15	2.95	$1,608
Jun 2015	192	370	56.15	2.88	$11,847
May 2015	0	617	55.21	2.96	$1,824
Apr 2015	0	454	49.82	2.71	$1,229
Mar 2015	0	473	42.89	2.93	$1,388
Feb 2015	0	548	44.66	2.98	$1,631
Jan 2015	0	452	43.43	3.10	$1,401
Dec 2014	0	719	54.69	3.59	$2,582
Nov 2014	200	968	70.46	4.25	$18,208
Oct 2014	0	185	78.30	3.90	$722
Sep 2014	0	656	86.16	4.05	$2,654
Aug 2014	0	561	89.39	4.04	$2,264
Jul 2014	0	654	96.56	4.18	$2,733
Jun 2014	0	592	98.16	4.74	$2,804
May 2014	0	517	94.73	4.73	$2,444
Apr 2014	0	675	95.94	4.81	$3,246
Mar 2014	190	602	95.89	5.06	$21,263
Feb 2014	0	545	97.40	6.19	$3,375
Jan 2014	0	596	90.40	4.86	$2,897
Dec 2013	0	527	91.82	4.35	$2,295
Nov 2013	0	595	88.85	3.74	$2,224
Oct 2013	0	688	97.42	3.78	$2,600
Sep 2013	0	560	104.11	3.72	$2,082
Aug 2013	187	730	104.25	3.52	$22,066
Jul 2013	0	578	102.52	3.72	$2,149
Jun 2013	0	787	94.40	3.93	$3,096
May 2013	0	643	94.83	4.15	$2,668
Apr 2013	0	497	93.96	4.28	$2,128
Mar 2013	193	700	93.62	3.91	$20,808
Feb 2013	0	534	91.23	3.42	$1,826
Jan 2013	0	614	91.60	3.42	$2,100
Dec 2012	0	723	86.77	3.42	$2,473
Nov 2012	0	711	86.95	3.62	$2,577
Oct 2012	0	787	89.38	3.40	$2,676
Sep 2012	0	795	94.67	2.92	$2,320
Aug 2012	190	1,028	92.66	2.91	$20,595
Jul 2012	0	795	85.13	3.02	$2,402
Jun 2012	0	976	79.82	2.52	$2,459
May 2012	0	892	91.61	2.49	$2,220
Apr 2012	0	803	101.65	2.00	$1,603
Mar 2012	187	747	105.05	2.22	$21,304
Feb 2012	0	787	101.10	2.57	$2,023
Jan 2012	0	773	98.09	2.73	$2,113
Dec 2011	0	915	96.87	3.24	$2,964
Nov 2011	195	697	95.72	3.31	$20,973
Oct 2011	0	814	84.98	3.65	$2,970
Sep 2011	0	913	83.62	3.99	$3,639
Aug 2011	0	999	83.40	4.15	$4,145
Jul 2011	0	929	94.14	4.52	$4,197
Jun 2011	0	843	92.90	4.64	$3,911
May 2011	199	764	98.13	4.40	$22,893
Apr 2011	0	920	105.96	4.33	$3,987
Mar 2011	0	950	96.36	4.06	$3,854
Feb 2011	0	647	85.64	4.18	$2,704
Jan 2011	196	1,039	86.50	4.59	$21,722
Dec 2010	0	1,251	85.73	4.35	$5,439
Nov 2010	192	4,128	80.84	3.80	$31,188
Oct 2010	0	43	78.10	3.51	$151
Sep 2010	0	95	72.63	3.98	$378
Aug 2010	0	254	73.68	4.42	$1,123
Jul 2010	0	340	72.55	4.74	$1,610
Jun 2010	0	188	70.36	4.91	$923
May 2010	0	887	71.12	4.24	$3,757
Apr 2010	0	924	81.69	4.12	$3,809
Mar 2010	0	1,250	78.39	4.39	$5,486
Feb 2010	195	917	73.58	5.44	$19,339
Jan 2010	0	1,240	74.36	5.96	$7,395
Dec 2009	0	1,093	71.44	5.48	$5,994
Nov 2009	0	893	74.59	3.75	$3,350
Oct 2009	0	1,237	72.54	4.11	$5,084
Sep 2009	193	1,074	65.54	3.06	$15,941
Aug 2009	0	1,473	67.42	3.22	$4,741
Jul 2009	0	987	61.13	3.46	$3,419
Jun 2009	0	1,323	66.16	3.90	$5,153
May 2009	193	1,270	54.74	3.93	$15,551
Apr 2009	0	1,104	46.77	3.59	$3,961
Mar 2009	0	1,081	42.14	4.06	$4,388
Feb 2009	0	1,404	32.81	4.63	$6,505
Jan 2009	174	1,332	35.86	5.37	$13,394
Dec 2008	0	1,379	37.10	5.98	$8,242
Nov 2008	182	1,165	55.49	6.86	$18,092
Oct 2008	0	1,273	75.24	6.92	$8,812
Sep 2008	0	1,302	101.76	7.88	$10,256
Aug 2008	183	1,729	114.22	8.48	$35,569
Jul 2008	0	2,852	131.08	11.39	$32,483
Jun 2008	0	1,830	131.33	13.03	$23,850
May 2008	0	232	123.17	11.57	$2,685
Apr 2008	183	710	110.31	10.45	$27,610
Mar 2008	0	844	101.90	9.66	$8,156
Feb 2008	0	798	92.53	8.77	$6,999
Jan 2008	0	1,163	90.38	8.21	$9,543
Dec 2007	0	1,454	88.33	7.30	$10,617
Nov 2007	184	1,348	91.67	7.29	$26,696
Oct 2007	0	1,734	82.85	6.92	$12,003
Sep 2007	0	1,240	75.84	6.24	$7,743
Aug 2007	181	1,469	69.06	6.39	$21,884
Jul 2007	0	1,801	70.90	6.39	$11,505
Jun 2007	0	1,384	62.00	7.55	$10,447
May 2007	181	1,429	58.74	7.85	$21,844
Apr 2007	4	1,909	59.61	7.81	$15,139
Mar 2007	172	1,800	56.92	7.30	$22,934
Feb 2007	0	1,453	55.10	8.22	$11,938
Jan 2007	0	1,885	50.30	6.73	$12,680
Dec 2006	186	1,761	56.65	6.92	$22,720
Nov 2006	1	1,833	54.20	7.62	$14,017
Oct 2006	185	1,860	54.90	6.01	$21,342
Sep 2006	0	1,811	60.08	5.04	$9,122
Aug 2006	0	1,599	68.71	7.34	$11,737
Jul 2006	180	2,060	69.37	6.34	$25,553
Jun 2006	0	1,966	66.28	6.38	$12,551
May 2006	175	2,046	66.01	6.42	$24,697
Apr 2006	0	1,786	64.39	7.36	$13,146
Mar 2006	182	2,245	56.70	7.08	$26,221
Feb 2006	186	1,920	57.59	7.75	$25,594
Jan 2006	0	1,785	60.59	8.93	$15,946
Dec 2005	186	2,225	54.94	13.42	$40,068
Nov 2005	2	1,892	54.69	10.59	$20,143
Oct 2005	0	1,863	58.34	13.80	$25,702
Sep 2005	175	2,188	61.45	12.08	$37,183
Aug 2005	1	2,486	61.51	9.80	$24,416
Jul 2005	177	2,337	55.69	7.84	$28,188
Jun 2005	160	2,318	52.33	7.38	$25,482
May 2005	0	2,676	45.22	6.65	$17,799
Apr 2005	179	2,769	49.20	7.36	$29,188
Mar 2005	182	2,979	50.37	7.15	$30,482
Feb 2005	189	3,003	45.22	6.31	$27,501
Jan 2005	3	3,041	43.16	6.32	$19,355
Dec 2004	189	3,490	39.86	6.75	$31,095
Nov 2004	187	3,451	45.28	6.33	$30,314
Oct 2004	186	3,509	49.70	6.52	$32,106
Sep 2004	187	3,308	43.24	5.28	$25,565
Aug 2004	189	2,948	42.37	5.55	$24,371
Jul 2004	193	3,053	38.28	6.08	$25,963
Jun 2004	181	3,801	36.10	6.43	$30,986
May 2004	185	3,494	37.48	6.49	$29,626
Apr 2004	382	4,896	34.47	5.86	$41,851
Mar 2004	376	6,451	34.36	5.53	$48,594
Feb 2004	388	6,436	32.45	5.51	$48,051
Jan 2004	195	3,084	32.03	6.30	$25,674
Dec 2003	194	4,167	30.26	6.30	$32,129
Nov 2003	6	2,121	28.80	4.60	$9,919
Oct 2003	0	394	28.17	4.76	$1,875
Sep 2003	190	2,427	26.31	4.75	$16,526
Aug 2003	188	2,632	29.76	5.13	$19,096
Jul 2003	2	2,818	29.41	5.17	$14,630
Jun 2003	254	2,559	28.56	5.98	$22,565
May 2003	0	2,869	26.59	5.97	$17,136
Apr 2003	196	2,929	26.67	5.41	$21,065
Mar 2003	383	3,488	31.14	6.10	$33,190
Feb 2003	1	2,816	33.48	7.93	$22,353
Jan 2003	190	2,889	30.31	5.58	$21,885
Dec 2002	190	3,385	26.91	4.85	$21,543
Nov 2002	190	3,156	24.66	4.14	$17,742
Oct 2002	186	3,619	26.46	4.23	$20,227
Sep 2002	190	3,328	27.44	3.64	$17,312
Aug 2002	168	3,746	25.96	3.16	$16,214
Jul 2002	348	3,852	24.58	3.06	$20,348
Jun 2002	0	3,568	23.73	3.34	$11,911
May 2002	357	4,297	24.66	3.58	$24,204
Apr 2002	0	4,057	23.65	3.51	$14,249
Mar 2002	364	4,460	22.00	3.10	$21,846
Feb 2002	184	4,268	18.22	2.38	$13,492
Jan 2002	360	3,201	17.17	2.38	$13,786
Dec 2001	182	4,901	16.93	2.36	$14,669
Nov 2001	355	4,864	18.07	2.41	$18,115
Oct 2001	366	6,418	19.78	2.53	$23,470
Sep 2001	351	4,784	24.26	2.25	$19,286
Aug 2001	357	5,682	24.87	3.05	$26,227
Jul 2001	0	5,790	23.93	3.20	$18,511
Jun 2001	355	6,281	24.56	3.82	$32,738
May 2001	358	6,875	25.52	4.31	$38,749
Apr 2001	348	6,619	24.68	5.34	$43,903
Mar 2001	362	6,678	24.54	5.38	$44,787
Feb 2001	0	6,006	27.75	5.77	$34,637
Jan 2001	739	5,625	27.47	8.40	$67,543
Dec 2000	366	8,616	26.88	9.12	$88,438
Nov 2000	186	7,893	32.21	5.66	$50,650
Oct 2000	376	8,427	31.23	5.15	$55,104
Sep 2000	537	9,859	31.87	5.19	$68,248
Aug 2000	705	6,735	29.64	4.54	$51,478
Jul 2000	528	10,455	28.53	4.09	$57,822
Jun 2000	195	9,324	29.30	4.40	$46,713
May 2000	358	11,192	27.26	3.68	$50,943
Apr 2000	720	10,937	24.51	3.12	$51,727
Mar 2000	364	11,006	28.42	2.86	$41,819
Feb 2000	374	11,930	27.62	2.73	$42,857
Jan 2000	741	14,116	25.27	2.48	$53,740
Dec 1999	783	12,075	24.28	2.42	$48,278
Nov 1999	748	17,002	23.19	2.43	$58,729
Oct 1999	773	19,043	20.98	2.80	$69,609
Sep 1999	698	20,372	21.75	2.62	$68,533
Aug 1999	1,260	22,122	19.26	2.88	$87,882
Jul 1999	1,359	24,610	17.89	2.37	$82,697
Jun 1999	796	15,522	15.94	2.36	$49,353
May 1999	1	125	15.79	2.32	$306
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	1	45	12.47	1.84	$95
Feb 1999	1	29	9.98	1.82	$63
Jan 1999	0	140	10.38	1.90	$266
Dec 1998	590	9,845	9.20	1.77	$22,886
Nov 1998	1,574	22,914	10.89	2.19	$67,224
Oct 1998	1,705	30,327	12.42	1.97	$80,896
Sep 1998	2,031	37,755	12.59	2.08	$104,200
Aug 1998	2,599	44,979	11.30	1.91	$115,159
Jul 1998	3,135	53,419	11.74	2.24	$156,318
Jun 1998	2,009	28,027	11.24	2.24	$85,285
May 1998	2,922	30,557	12.62	2.21	$104,295
Apr 1998	7,614	77,329	13.04	2.51	$293,021
Mar 1998	13,134	129,979	12.80	2.31	$468,294

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.

Jul 2018 — as filed, then multipliedworked

Oil                   25 bbl  × $ 65.14 =     $1,629
Casinghead gas         0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                   $1,629

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/23502 is the state's own key, not one this site invented.