WOLF DEN 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 23544District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$3.4 M
Apr 1998 – May 2026
Value, last 12 filed months
$83 k
at the published price for each month
Months reported
338
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
OilDisposition93,478 bbl$3,361,319
Casinghead gasProduction20,879 Mcf$80,874
Total$3,442,192

Every month this lease reported (338)

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

338 months

May 2026181248106.413.05$20,016
Apr 2026024098.932.87$689
Mar 202617024889.753.15$16,039
Feb 2026022463.503.75$840
Jan 202616821359.138.00$11,637
Dec 2025019256.664.41$847
Nov 202517322458.593.93$11,016
Oct 202516910759.383.30$10,389
Sep 202517711662.743.08$11,462
Aug 20251863.933.01$88
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202503260.553.23$103
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20241685268.993.12$11,753
Nov 2024018469.052.20$405
Oct 202416917371.372.28$12,456
Sep 2024015969.612.36$376
Aug 202417919275.632.06$13,934
Jul 20240079.932.15$0
Jun 202403278.082.63$84
May 20241666478.812.20$13,223
Apr 2024024084.451.66$398
Mar 2024018480.301.55$284
Feb 202416618476.091.78$12,959
Jan 2024022473.023.30$739
Dec 2023016971.262.61$441
Nov 202317820977.892.81$14,451
Oct 2023023385.443.09$719
Sep 2023023289.042.74$635
Aug 202317721680.522.67$14,829
Jul 2023020674.852.64$544
Jun 202317323268.962.26$12,454
May 2023020970.622.23$466
Apr 2023023378.122.24$521
Mar 202318420472.852.39$13,893
Feb 2023022475.112.47$552
Jan 202317324876.533.39$14,080
Dec 2022016876.415.73$962
Nov 202216919585.005.65$15,466
Oct 2022024887.185.86$1,454
Sep 2022024084.888.16$1,959
Aug 202216524894.529.13$17,859
Jul 20220248101.587.54$1,870
Jun 2022161240115.097.98$20,444
May 20220248109.378.43$2,091
Apr 20220240104.226.84$1,641
Mar 2022172248108.885.08$19,986
Feb 2022022491.054.86$1,088
Jan 202218124881.844.54$15,938
Dec 20210071.323.90$0
Nov 2021178077.435.24$13,783
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021174066.024.22$11,487
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 2021158063.483.02$10,030
Apr 20210060.362.76$0
Mar 2021176061.302.72$10,789
Feb 20210057.805.55$0
Jan 2021175050.412.81$8,822
Dec 20200044.642.68$0
Nov 2020171038.772.71$6,630
Oct 20200036.972.48$0
Sep 2020176037.091.99$6,528
Aug 2020176039.982.39$7,036
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020173030.341.86$5,249
Feb 20200049.881.98$0
Jan 2020171057.252.09$9,790
Dec 20190059.012.30$0
Nov 2019188055.302.75$10,396
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019164053.112.30$8,710
Jul 20190056.272.46$0
Jun 2019168052.782.49$8,867
May 2019178058.482.74$10,409
Apr 20194062.632.75$251
Mar 2019176056.803.06$9,997
Feb 20194050.852.79$203
Jan 20195046.033.23$230
Dec 2018182046.594.19$8,479
Nov 20180052.934.24$0
Oct 2018175061.443.40$10,752
Sep 20182059.543.11$119
Aug 2018187059.403.07$11,108
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018185065.382.90$12,095
Apr 20181063.842.90$64
Mar 2018191061.222.79$11,693
Feb 20182061.782.77$124
Jan 20186062.874.01$377
Dec 2017154057.272.92$8,820
Nov 2017161055.423.12$8,923
Oct 20170049.292.98$0
Sep 2017185047.523.09$8,791
Aug 20170045.373.00$0
Jul 2017177043.873.09$7,765
Jun 20171042.493.09$42
May 2017178045.373.26$8,076
Apr 20172047.933.21$96
Mar 2017176046.772.98$8,232
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016138048.763.72$6,729
Nov 2016178042.492.64$7,563
Oct 20161046.193.09$46
Sep 2016181041.553.10$7,521
Aug 20161041.442.92$41
Jul 2016179041.622.92$7,450
Jun 20162045.352.69$91
May 2016180042.521.99$7,654
Apr 20164036.561.99$146
Mar 2016180033.011.79$5,942
Feb 201613526.472.06$99
Jan 2016178027.352.36$4,868
Dec 20152032.362.00$65
Nov 20151804538.792.17$7,080
Oct 2015515543.552.43$594
Sep 201519315042.992.76$8,711
Aug 2015115540.162.87$485
Jul 201517915548.152.95$9,075
Jun 2015015056.152.88$432
May 201518015555.212.96$10,396
Apr 2015515049.822.71$655
Mar 201518015542.892.93$8,175
Feb 201517914044.662.98$8,411
Jan 2015315543.433.10$611
Dec 201417815554.693.59$10,291
Nov 2014215070.464.25$779
Oct 201418115578.303.90$14,777
Sep 201418615086.164.05$16,633
Aug 2014315589.394.04$894
Jul 201418115596.564.18$18,125
Jun 201418215098.164.74$18,576
May 2014215594.734.73$922
Apr 201417915095.944.81$17,895
Mar 201419015595.895.06$19,003
Feb 2014014097.406.19$867
Jan 201418015590.404.86$17,025
Dec 2013015591.824.35$675
Nov 201317415088.853.74$16,021
Oct 201318215597.423.78$18,316
Sep 20131150104.113.72$662
Aug 2013180155104.253.52$19,311
Jul 2013179155102.523.72$18,927
Jun 201318415094.403.93$17,960
May 2013015594.834.15$643
Apr 201317815093.964.28$17,367
Mar 2013015593.623.91$606
Feb 201318914091.233.42$17,721
Jan 201318915591.603.42$17,842
Dec 201217115586.773.42$15,368
Nov 2012015086.953.62$544
Oct 201218115589.383.40$16,705
Sep 201219215094.672.92$18,614
Aug 2012011592.662.91$334
Jul 2012189085.133.02$16,090
Jun 201219110079.822.52$15,498
May 201217915591.612.49$16,784
Apr 2012187150101.652.00$19,308
Mar 20121155105.052.22$449
Feb 2012193145101.102.57$19,885
Jan 201219115598.092.73$19,159
Dec 201118515596.873.24$18,423
Nov 2011015095.723.31$497
Oct 201118515584.983.65$16,287
Sep 201117915083.623.99$15,566
Aug 201118215583.404.15$15,822
Jul 2011115594.144.52$794
Jun 201130015092.904.64$28,566
May 201118315598.134.40$18,641
Apr 20110150105.964.33$650
Mar 201118315596.364.06$18,263
Feb 20111853085.644.18$15,969
Jan 2011176086.504.59$15,224
Dec 2010181085.734.35$15,517
Nov 2010181080.843.80$14,632
Oct 2010192078.103.51$14,995
Sep 20101072.633.98$73
Aug 2010186073.684.42$13,704
Jul 2010178072.554.74$12,914
Jun 20100070.364.91$0
May 2010173071.124.24$12,304
Apr 2010176081.694.12$14,377
Mar 2010187078.394.39$14,659
Feb 2010174073.585.44$12,803
Jan 2010180074.365.96$13,385
Dec 2009178071.445.48$12,716
Nov 2009176074.593.75$13,128
Oct 2009178072.544.11$12,912
Sep 2009178065.543.06$11,666
Aug 2009176067.423.22$11,866
Jul 2009177061.133.46$10,820
Jun 2009185066.163.90$12,240
May 20090054.743.93$0
Apr 2009182046.773.59$8,512
Mar 2009189042.144.06$7,964
Feb 2009177032.814.63$5,807
Jan 2009186035.865.37$6,670
Dec 2008196037.105.98$7,272
Nov 20081055.496.86$55
Oct 2008192075.246.92$14,446
Sep 20083880101.767.88$39,483
Aug 200800114.228.48$0
Jul 20081960131.0811.39$25,692
Jun 20081960131.3313.03$25,741
May 20083490123.1711.57$42,986
Apr 200800110.3110.45$0
Mar 20081960101.909.66$19,972
Feb 2008198092.538.77$18,321
Jan 2008196090.388.21$17,714
Dec 2007184088.337.30$16,253
Nov 2007195091.677.29$17,876
Oct 2007195082.856.92$16,156
Sep 2007191075.846.24$14,485
Aug 2007203069.066.39$14,019
Jul 2007201070.906.39$14,251
Jun 20070062.007.55$0
May 2007396058.747.85$23,261
Apr 20073059.617.81$179
Mar 2007393056.927.30$22,370
Feb 20070055.108.22$0
Jan 2007186050.306.73$9,356
Dec 2006179056.656.92$10,140
Nov 2006192054.207.62$10,406
Oct 2006185054.906.01$10,157
Sep 2006184060.085.04$11,055
Aug 2006188068.717.34$12,917
Jul 2006189069.376.34$13,111
Jun 2006189066.286.38$12,527
May 2006181066.016.42$11,948
Apr 2006342064.397.36$22,021
Mar 20063056.707.08$170
Feb 2006325057.597.75$18,717
Jan 2006195060.598.93$11,815
Dec 2005355054.9413.42$19,504
Nov 20051054.6910.59$55
Oct 2005379058.3413.80$22,111
Sep 20050061.4512.08$0
Aug 2005181061.519.80$11,133
Jul 2005338055.697.84$18,823
Jun 2005183052.337.38$9,576
May 2005166045.226.65$7,507
Apr 2005188049.207.36$9,250
Mar 2005368050.377.15$18,536
Feb 2005169045.226.31$7,642
Jan 2005364043.166.32$15,710
Dec 2004183039.866.75$7,294
Nov 2004187045.286.33$8,467
Oct 2004185049.706.52$9,195
Sep 2004179043.245.28$7,740
Aug 2004185042.375.55$7,838
Jul 2004355038.286.08$13,589
Jun 2004197036.106.43$7,112
May 2004362037.486.49$13,568
Apr 2004182034.475.86$6,274
Mar 2004344034.365.53$11,820
Feb 2004185032.455.51$6,003
Jan 2004345032.036.30$11,050
Dec 2003347030.266.30$10,500
Nov 2003178028.804.60$5,126
Oct 2003361028.174.76$10,169
Sep 2003185026.314.75$4,867
Aug 2003372029.765.13$11,071
Jul 2003363029.415.17$10,676
Jun 2003355028.565.98$10,139
May 2003383026.595.97$10,184
Apr 2003371026.675.41$9,895
Mar 2003539031.146.10$16,784
Feb 2003366033.487.93$12,254
Jan 2003191030.315.58$5,789
Dec 2002354026.914.85$9,526
Nov 2002378024.664.14$9,321
Oct 2002367026.464.23$9,711
Sep 2002348027.443.64$9,549
Aug 2002532025.963.16$13,811
Jul 2002343024.583.06$8,431
Jun 2002347723.733.34$8,258
May 20025273624.663.58$13,125
Apr 20026942423.653.51$16,497
Mar 200275222.003.10$315
Feb 20027201218.222.38$13,147
Jan 2002180017.172.38$3,091
Dec 2001354016.932.36$5,993
Nov 2001530218.072.41$9,582
Oct 2001511219.782.53$10,113
Sep 2001343624.262.25$8,335
Aug 200151312824.873.05$13,149
Jul 2001487123.933.20$11,657
Jun 20013417724.563.82$8,669
May 20015188125.524.31$13,568
Apr 20016736324.685.34$16,946
Mar 200133615724.545.38$9,090
Feb 200149610027.755.77$14,341
Jan 20017048727.478.40$20,070
Dec 20004987726.889.12$14,089
Nov 200064112232.215.66$21,337
Oct 200048816931.235.15$16,110
Sep 200067110031.875.19$21,903
Aug 200066222629.644.54$20,648
Jul 200086817128.534.09$25,463
Jun 20007139129.304.40$21,291
May 20001,05124727.263.68$29,559
Apr 200053613224.513.12$13,549
Mar 20001,07424828.422.86$31,232
Feb 200088723827.622.73$25,148
Jan 20001,44619625.272.48$37,027
Dec 19991,07017224.282.42$26,396
Nov 19991,23430223.192.43$29,352
Oct 19991,062320.982.80$22,289
Sep 199990816221.752.62$20,173
Aug 19991,759019.262.88$33,878
Jul 19991,239017.892.37$22,166
Jun 19991,597315.942.36$25,463
May 19991,777015.792.32$28,059
Apr 19991,228015.102.21$18,543
Mar 19991,979012.471.84$24,678
Feb 19991,79109.981.82$17,874
Jan 19992,146010.381.90$22,275
Dec 19982,39009.201.77$21,988
Nov 19982,620010.892.19$28,532
Oct 19982,8014012.421.97$34,867
Sep 19983,142012.592.08$39,558
Aug 19983,476011.301.91$39,279
Jul 19983,220011.742.24$37,803
Jun 1998353011.242.24$3,968
May 1998329012.622.21$4,152
Apr 1998345013.042.51$4,499

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                  181 bbl  × $106.41 =    $19,260
Casinghead gas       248 Mcf  × $  3.05 =       $755

────────────────────────────────────────────────────
Month total                                  $20,016

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/23544 is the state's own key, not one this site invented.