PIETSCH

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 23579District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$2.8 M
Sep 1998 – Oct 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
314
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
OilDisposition39,760 bbl$1,116,960
Casinghead gasProduction456,263 Mcf$1,707,097
Total$2,824,056

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 29.9480, -96.8020. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94796, -96.80197 · 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
14,700 ft
1 wells filed one
Completion to plug
25.9 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 14,700 ft.

Completions filed
Sep 1998
1 of 1 wells
Plug dates filed
Aug 2024
1 of 1 wells

Last completion to plug: a median of 25.9 years across the 1 well that filed both dates, with the middle half between 25.9 years and 25.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14932771114,700 ftSep 1998Aug 2024Yes

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 (314)

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

314 months

Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 202374076.533.39$5,663
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
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 201801460.183.08$43
May 2018023565.382.90$682
Apr 2018026363.842.90$763
Mar 2018027161.222.79$755
Feb 2018024161.782.77$667
Jan 2018027262.874.01$1,091
Dec 2017032357.272.92$944
Nov 2017027855.423.12$867
Oct 2017022949.292.98$683
Sep 2017034547.523.09$1,065
Aug 2017022345.373.00$670
Jul 2017027943.873.09$861
Jun 2017033642.493.09$1,037
May 2017025845.373.26$842
Apr 2017028647.933.21$919
Mar 2017030446.772.98$907
Feb 2017018050.452.95$531
Jan 2017021549.413.42$735
Dec 2016022448.763.72$834
Nov 2016023042.492.64$608
Oct 2016025546.193.09$788
Sep 2016025141.553.10$778
Aug 2016028041.442.92$819
Jul 2016027141.622.92$793
Jun 2016035145.352.69$943
May 201611539442.521.99$5,674
Apr 2016060236.561.99$1,199
Mar 2016060233.011.79$1,080
Feb 2016060226.472.06$1,242
Jan 2016053427.352.36$1,263
Dec 20156853632.362.00$3,273
Nov 2015050838.792.17$1,101
Oct 201515159143.552.43$8,010
Sep 2015057342.992.76$1,581
Aug 2015057140.162.87$1,640
Jul 2015055248.152.95$1,626
Jun 2015063156.152.88$1,819
May 201516857155.212.96$10,963
Apr 2015052349.822.71$1,416
Mar 2015062342.892.93$1,828
Feb 2015054344.662.98$1,616
Jan 2015053643.433.10$1,662
Dec 201416956354.693.59$11,265
Nov 2014061970.464.25$2,632
Oct 2014051778.303.90$2,017
Sep 2014049886.164.05$2,015
Aug 2014066689.394.04$2,687
Jul 2014363596.564.18$2,944
Jun 2014031398.164.74$1,483
May 201416241394.734.73$17,298
Apr 2014060895.944.81$2,924
Mar 2014048195.895.06$2,432
Feb 2014049297.406.19$3,046
Jan 2014157890.404.86$2,900
Dec 201317260191.824.35$18,410
Nov 2013059788.853.74$2,232
Oct 2013157897.423.78$2,282
Sep 20130547104.113.72$2,034
Aug 20130541104.253.52$1,906
Jul 2013160583102.523.72$18,571
Jun 2013051594.403.93$2,026
May 2013073094.834.15$3,029
Apr 2013047493.964.28$2,030
Mar 201318064993.623.91$19,391
Feb 2013044991.233.42$1,536
Jan 2013156891.603.42$2,034
Dec 2012161086.773.42$2,173
Nov 2012160086.953.62$2,262
Oct 2012157489.383.40$2,041
Sep 2012055694.672.92$1,623
Aug 201216067092.662.91$16,774
Jul 2012162885.133.02$1,982
Jun 2012066579.822.52$1,675
May 2012076591.612.49$1,904
Apr 2012179738101.652.00$19,669
Mar 20121723105.052.22$1,712
Feb 20120660101.102.57$1,696
Jan 2012176298.092.73$2,181
Dec 201117170496.873.24$18,846
Nov 2011043295.723.31$1,430
Oct 2011069484.983.65$2,532
Sep 2011088783.623.99$3,535
Aug 2011289483.404.15$3,876
Jul 201116789094.144.52$19,742
Jun 2011051292.904.64$2,376
May 2011172098.134.40$3,270
Apr 2011189864105.964.33$23,770
Mar 2011070696.364.06$2,864
Feb 2011264585.644.18$2,867
Jan 2011062086.504.59$2,845
Dec 201017880485.734.35$18,756
Nov 2010047880.843.80$1,814
Oct 2010064078.103.51$2,246
Sep 2010188672.633.98$3,598
Aug 201018196473.684.42$17,596
Jul 2010055272.554.74$2,615
Jun 2010072270.364.91$3,545
May 201031,14171.124.24$5,046
Apr 2010165081.694.12$2,761
Mar 201017748978.394.39$16,021
Feb 2010160973.585.44$3,388
Jan 2010185374.365.96$5,162
Dec 2009493071.445.48$5,386
Nov 200917372074.593.75$15,605
Oct 2009058972.544.11$2,421
Sep 2009173765.543.06$2,324
Aug 2009194167.423.22$3,096
Jul 20091701,15361.133.46$14,387
Jun 2009285866.163.90$3,474
May 2009181854.743.93$3,266
Apr 200917981446.773.59$11,292
Mar 2009058242.144.06$2,362
Feb 2009167932.814.63$3,179
Jan 20091831,36335.865.37$13,883
Dec 2008175737.105.98$4,562
Nov 2008189655.496.86$6,202
Oct 2008089275.246.92$6,174
Sep 2008179898101.767.88$25,289
Aug 20081885114.228.48$7,622
Jul 20082886131.0811.39$10,353
Jun 2008175733131.3313.03$32,536
May 20080898123.1711.57$10,394
Apr 20081881,191110.3110.45$33,190
Mar 200831,222101.909.66$12,115
Feb 2008095792.538.77$8,393
Jan 20081811,00590.388.21$24,606
Dec 2007093088.337.30$6,791
Nov 200701,03691.677.29$7,554
Oct 200701,00482.856.92$6,950
Sep 200716395475.846.24$18,319
Aug 200701,22169.066.39$7,800
Jul 200720096870.906.39$20,364
Jun 200701,03662.007.55$7,820
May 200711,35858.747.85$10,714
Apr 20071941,10359.617.81$20,173
Mar 2007078056.927.30$5,696
Feb 200721784255.108.22$18,875
Jan 2007097050.306.73$6,525
Dec 20061811,32356.656.92$19,407
Nov 200611,00654.207.62$7,717
Oct 2006079854.906.01$4,799
Sep 200617791160.085.04$15,223
Aug 200601,14568.717.34$8,404
Jul 200601,09769.376.34$6,958
Jun 20061721,10866.286.38$18,474
May 200611,54666.016.42$9,999
Apr 20061871,45464.397.36$22,743
Mar 200611,70156.707.08$12,105
Feb 20061901,22257.597.75$20,414
Jan 200611,09260.598.93$9,816
Dec 20051811,59854.9413.42$31,382
Nov 200501,22454.6910.59$12,960
Oct 20051811,26858.3413.80$28,053
Sep 200501,39961.4512.08$16,899
Aug 20051841,86961.519.80$29,628
Jul 200501,37355.697.84$10,769
Jun 20051821,78752.337.38$22,714
May 200501,56145.226.65$10,382
Apr 20051881,79049.207.36$22,425
Mar 20051731,51950.377.15$19,582
Feb 200501,50345.226.31$9,487
Jan 200501,53843.166.32$9,724
Dec 20041871,50039.866.75$17,580
Nov 20041831,69545.286.33$19,016
Oct 200402,05249.706.52$13,369
Sep 20041831,57143.245.28$16,214
Aug 20040042.375.55$0
Jul 20041842,59638.286.08$22,838
Jun 2004054136.106.43$3,480
May 2004180037.486.49$6,746
Apr 20040034.475.86$0
Mar 20041841,73034.365.53$15,889
Feb 200401,38732.455.51$7,642
Jan 20041841,70732.036.30$16,647
Dec 20031931,82030.266.30$17,309
Nov 200301,90728.804.60$8,763
Oct 20031851,86428.174.76$14,083
Sep 20031851,86426.314.75$13,720
Aug 20031932,33929.765.13$17,742
Jul 200302,59529.415.17$13,418
Jun 20031901,89428.565.98$16,758
May 20031902,46926.595.97$19,799
Apr 20031652,11626.675.41$15,842
Mar 20031752,70231.146.10$21,921
Feb 20031622,08633.487.93$21,957
Jan 200302,69430.315.58$15,038
Dec 20021753,14026.914.85$19,950
Nov 20021773,08524.664.14$17,127
Oct 20023633,26326.464.23$23,405
Sep 20021733,35627.443.64$16,947
Aug 200203,79925.963.16$12,021
Jul 20023604,18724.583.06$21,668
Jun 20021724,54023.733.34$19,237
May 20022395,31624.663.58$24,946
Apr 20023626,06423.653.51$29,860
Mar 20023495,71222.003.10$25,401
Feb 20023625,27518.222.38$19,127
Jan 20023635,01817.172.38$18,154
Dec 20013734,20216.932.36$16,250
Nov 20013574,58418.072.41$17,478
Oct 200118269619.782.53$5,360
Sep 200117973924.262.25$6,006
Aug 20011781,09524.873.05$7,770
Jul 200117878923.933.20$6,782
Jun 200118195024.563.82$8,078
May 20011671,08325.524.31$8,927
Apr 20011811,50924.685.34$12,518
Mar 20011881,24224.545.38$11,291
Feb 20011921,31827.755.77$12,929
Jan 20011881,21427.478.40$15,360
Dec 20001942,65626.889.12$29,444
Nov 20003661,64932.215.66$21,119
Oct 20001861,97931.235.15$15,992
Sep 20001901,70131.875.19$14,878
Aug 20003582,60129.644.54$22,422
Jul 20003661,65328.534.09$17,202
Jun 20001831,91229.304.40$13,769
May 20003582,51527.263.68$19,014
Apr 20001852,56024.513.12$12,511
Mar 20003813,54228.422.86$20,957
Feb 20001801,72327.622.73$9,669
Jan 20005473,39125.272.48$22,234
Dec 19993553,28124.282.42$16,572
Nov 19995303,77923.192.43$21,489
Oct 19993753,78520.982.80$18,480
Sep 19995342,42621.752.62$17,968
Aug 19993544,35619.262.88$19,344
Jul 19991,0747,58017.892.37$37,196
Jun 19997298,84515.942.36$32,513
May 19997947,25215.792.32$29,369
Apr 19998439,45815.102.21$33,613
Mar 199993410,98512.471.84$31,841
Feb 19991,4489,2399.981.82$31,246
Jan 19991,27912,56310.381.90$37,145
Dec 19981,84916,3849.201.77$46,065
Nov 19981,59419,80310.892.19$60,642
Oct 19982,33027,32412.421.97$82,745
Sep 19985,61647,15012.592.08$168,901

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.

Jan 2023 — as filed, then multipliedworked
Oil                   74 bbl  × $ 76.53 =     $5,663
Casinghead gas         0 Mcf  × $  3.39 =         $0

────────────────────────────────────────────────────
Month total                                   $5,663

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/23579 is the state's own key, not one this site invented.