KUDU UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23626District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$6.3 M
Nov 1998 – May 2026
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
331
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 598 leases and 630 wells, and the rule below applies to all of them.

Discovered
1977-03-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-05-16.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858.

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
OilDisposition134,761 bbl$6,149,511
Casinghead gasProduction40,112 Mcf$162,198
Total$6,311,709

Every month this lease reported (331)

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

331 months

May 2026178248106.413.05$19,696
Apr 2026019298.932.87$551
Mar 202617619489.753.15$16,407
Feb 202616722463.503.75$11,445
Jan 2026021159.138.00$1,688
Dec 202517224856.664.41$10,840
Nov 202516924058.593.93$10,844
Oct 202517424859.383.30$11,152
Sep 202517624062.743.08$11,781
Aug 202518019663.933.01$12,098
Jul 202509266.743.32$305
Jun 202517121966.483.13$12,053
May 202517424860.553.23$11,337
Apr 202518324062.363.54$12,262
Mar 202517813667.704.27$12,631
Feb 20250070.884.34$0
Jan 202514510974.324.28$11,243
Dec 2024020468.993.12$637
Nov 202417823269.052.20$12,801
Oct 202417920071.372.28$13,232
Sep 202417821969.612.36$12,908
Aug 202417621675.632.06$13,757
Jul 2024014379.932.15$307
Jun 202417722078.082.63$14,400
May 202417324878.812.20$14,179
Apr 202417224084.451.66$14,924
Mar 202417724880.301.55$14,596
Feb 202417623276.091.78$13,806
Jan 2024024873.023.30$818
Dec 202334424871.262.61$25,161
Nov 202316724077.892.81$13,681
Oct 202317924885.443.09$16,059
Sep 2023024089.042.74$656
Aug 202317624880.522.67$14,834
Jul 202317624874.852.64$13,829
Jun 202337824068.962.26$26,609
May 2023024870.622.23$552
Apr 202318024078.122.24$14,599
Mar 202316524872.852.39$12,614
Feb 202317722475.112.47$13,847
Jan 202317624876.533.39$14,309
Dec 2022019676.415.73$1,123
Nov 202217124085.005.65$15,890
Oct 202217824887.185.86$16,972
Sep 202217524084.888.16$16,813
Aug 202218124894.529.13$19,372
Jul 2022177248101.587.54$19,850
Jun 2022177240115.097.98$22,285
May 2022177248109.378.43$21,450
Apr 2022177240104.226.84$20,088
Mar 2022179248108.885.08$20,748
Feb 202216822491.054.86$16,385
Jan 202218524881.844.54$16,266
Dec 2021178071.323.90$12,695
Nov 20210077.435.24$0
Oct 2021182079.795.71$14,522
Sep 2021178069.865.35$12,435
Aug 2021188066.024.22$12,412
Jul 2021178070.783.98$12,599
Jun 2021165069.493.38$11,466
May 2021167063.483.02$10,601
Apr 2021170060.362.76$10,261
Mar 2021160061.302.72$9,808
Feb 2021176057.805.55$10,173
Jan 2021179050.412.81$9,023
Dec 2020337044.642.68$15,044
Nov 2020178038.772.71$6,901
Oct 2020361036.972.48$13,346
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 2020178014.751.80$2,626
Mar 2020178030.341.86$5,401
Feb 2020109049.881.98$5,437
Jan 2020178057.252.09$10,191
Dec 2019177059.012.30$10,445
Nov 201901055.302.75$28
Oct 20191765853.472.42$9,551
Sep 20191873755.052.66$10,393
Aug 2019165053.112.30$8,763
Jul 20191711256.272.46$9,652
Jun 2019165052.782.49$8,709
May 2019163058.482.74$9,532
Apr 2019174062.632.75$10,898
Mar 2019171056.803.06$9,713
Feb 20191754850.852.79$9,033
Jan 20191836146.033.23$8,620
Dec 20181798546.594.19$8,695
Nov 20183187052.934.24$17,128
Oct 2018798161.443.40$5,129
Sep 20183438459.543.11$20,683
Aug 20181877859.403.07$11,347
Jul 201807965.142.93$232
Jun 20183498060.183.08$21,249
May 20181897665.382.90$12,577
Apr 201818063.842.90$296
Mar 20183758261.222.79$23,186
Feb 20181766961.782.77$11,064
Jan 20181946962.874.01$12,473
Dec 20171587957.272.92$9,279
Nov 201719110755.423.12$10,919
Oct 201718412049.292.98$9,427
Sep 201719411847.523.09$9,583
Aug 201718812645.373.00$8,908
Jul 201719113343.873.09$8,790
Jun 201719212542.493.09$8,544
May 201736813145.373.26$17,124
Apr 201717611947.933.21$8,818
Mar 20171779846.772.98$8,571
Feb 20171658350.452.95$8,569
Jan 20173259449.413.42$16,380
Dec 20161637148.763.72$8,212
Nov 201632410442.492.64$14,042
Oct 201617911146.193.09$8,611
Sep 201617411941.553.10$7,599
Aug 201635413741.442.92$15,070
Jul 201618111841.622.92$7,878
Jun 201617713945.352.69$8,400
May 201635310142.521.99$15,211
Apr 201618012136.561.99$6,822
Mar 201618911533.011.79$6,445
Feb 20161949126.472.06$5,323
Jan 20163639127.352.36$10,143
Dec 20151816332.362.00$5,983
Nov 20153655538.792.17$14,278
Oct 20151827143.552.43$8,098
Sep 20153642842.992.76$15,726
Aug 20151892640.162.87$7,665
Jul 20153792348.152.95$18,317
Jun 20153801856.152.88$21,389
May 201519611055.212.96$11,146
Apr 201538411549.822.71$19,442
Mar 201518210742.892.93$8,120
Feb 201570710744.662.98$31,893
Jan 201539643.433.10$428
Dec 20145839354.693.59$32,218
Nov 201476017470.464.25$54,289
Oct 201419378.303.90$441
Sep 20141869086.164.05$16,390
Aug 20143709389.394.04$33,450
Jul 20143769396.564.18$36,695
Jun 20145389098.164.74$53,236
May 20143779394.734.73$36,153
Apr 20143805495.944.81$36,717
Mar 20143817995.895.06$36,934
Feb 201419012097.406.19$19,249
Jan 201437516090.404.86$34,678
Dec 201356516091.824.35$52,575
Nov 201356316688.853.74$50,643
Oct 201338417697.423.78$38,074
Sep 2013753112104.113.72$78,811
Aug 20135640104.253.52$58,797
Jul 20135660102.523.72$58,026
Jun 2013741394.403.93$69,962
May 20139413194.834.15$89,364
Apr 201374513593.964.28$70,578
Mar 20132,03054893.623.91$192,193
Feb 20131,69437391.233.42$155,819
Jan 201375314091.603.42$69,454
Dec 201257811086.773.42$50,529
Nov 201255416086.953.62$48,750
Oct 20122,40761189.383.40$217,215
Sep 201292145494.672.92$88,516
Aug 20120092.662.91$0
Jul 201237812485.133.02$32,554
Jun 2012020779.822.52$521
May 201217618191.612.49$16,574
Apr 2012351176101.652.00$36,031
Mar 20121180105.052.22$505
Feb 2012194160101.102.57$20,025
Jan 2012013498.092.73$366
Dec 201117912496.873.24$17,741
Nov 201119612995.723.31$19,188
Oct 201116416484.983.65$14,535
Sep 201117414683.623.99$15,132
Aug 201118515083.404.15$16,051
Jul 201117015494.144.52$16,699
Jun 201117615092.904.64$17,046
May 201118213798.134.40$18,463
Apr 2011179120105.964.33$19,487
Mar 201136112496.364.06$35,289
Feb 201119211485.644.18$16,919
Jan 201118114086.504.59$16,299
Dec 201018017285.734.35$16,179
Nov 201018619980.843.80$15,792
Oct 201018719178.103.51$15,275
Sep 201018618672.633.98$14,249
Aug 201019027773.684.42$15,223
Jul 201018117872.554.74$13,975
Jun 201018916370.364.91$14,098
May 201038215871.124.24$27,837
Apr 201018515681.694.12$15,756
Mar 201018813978.394.39$15,347
Feb 201018813773.585.44$14,579
Jan 201037315674.365.96$28,667
Dec 200918818471.445.48$14,440
Nov 200917916174.593.75$13,956
Oct 20091897872.544.11$14,031
Sep 20091894765.543.06$12,531
Aug 20091908867.423.22$13,093
Jul 20093565161.133.46$21,939
Jun 2009196766.163.90$12,995
May 20093822054.743.93$20,989
Apr 20091996246.773.59$9,530
Mar 20091999342.144.06$8,763
Feb 20091956532.814.63$6,699
Jan 20091957535.865.37$7,396
Dec 20081866637.105.98$7,295
Nov 20081992355.496.86$11,200
Oct 2008387075.246.92$29,118
Sep 200819911101.767.88$20,337
Aug 20081800114.228.48$20,560
Jul 20081960131.0811.39$25,692
Jun 20081960131.3313.03$25,741
May 20081920123.1711.57$23,649
Apr 20081950110.3110.45$21,510
Mar 200838628101.909.66$39,604
Feb 200820010792.538.77$19,444
Jan 200819014590.388.21$18,362
Dec 20074023888.337.30$35,786
Nov 20071932191.677.29$17,845
Oct 20071981982.856.92$16,536
Sep 20071972875.846.24$15,115
Aug 20073792669.066.39$26,340
Jul 20073913770.906.39$27,958
Jun 20071943662.007.55$12,300
May 20071973758.747.85$11,862
Apr 20073564459.617.81$21,565
Mar 20071985456.927.30$11,664
Feb 20073925355.108.22$22,035
Jan 200719950.306.73$716
Dec 20063897456.656.92$22,549
Nov 20063897354.207.62$21,640
Oct 20061868754.906.01$10,735
Sep 20061866860.085.04$11,517
Aug 20063744368.717.34$26,013
Jul 20061856069.376.34$13,214
Jun 20063285466.286.38$22,085
May 200637513066.016.42$25,589
Apr 200618722564.397.36$13,697
Mar 200651323856.707.08$30,773
Feb 2006123157.597.75$1,848
Jan 200637225060.598.93$24,773
Dec 200553826054.9413.42$33,046
Nov 2005116654.6910.59$1,812
Oct 200555211658.3413.80$33,804
Sep 20051874161.4512.08$11,986
Aug 20053656461.519.80$23,078
Jul 20051835155.697.84$10,591
Jun 20053486552.337.38$18,691
May 20053014545.226.65$13,911
Apr 20053678549.207.36$18,682
Mar 20055409150.377.15$27,851
Feb 20051735645.226.31$8,177
Jan 200553810243.166.32$23,865
Dec 20043328039.866.75$13,774
Nov 20041836145.286.33$8,672
Oct 20043673149.706.52$18,442
Sep 20043723743.245.28$16,281
Aug 20045553042.375.55$23,682
Jul 20045495638.286.08$21,356
Jun 200453036.106.43$1,913
May 2004300537.486.49$11,276
Apr 20043651534.475.86$12,669
Mar 20043501034.365.53$12,081
Feb 20043711332.455.51$12,111
Jan 20045512132.036.30$17,781
Dec 20033659330.266.30$11,631
Nov 20033782328.804.60$10,992
Oct 20035621428.174.76$15,898
Sep 20033713626.314.75$9,932
Aug 20035485829.765.13$16,606
Jul 20033658729.415.17$11,185
Jun 20035501328.565.98$15,786
May 20033642826.595.97$9,846
Apr 20035311226.675.41$14,227
Mar 20037141131.146.10$22,301
Feb 20037103233.487.93$24,024
Jan 20035222330.315.58$15,950
Dec 20027163226.914.85$19,423
Nov 20021,0618124.664.14$26,499
Oct 200235211926.464.23$9,817
Sep 2002341027.443.64$9,357
Aug 2002541025.963.16$14,044
Jul 20027184224.583.06$17,777
Jun 20025315023.733.34$12,768
May 20023564424.663.58$8,937
Apr 200253212523.653.51$13,021
Mar 200254314322.003.10$12,390
Feb 200253011218.222.38$9,923
Jan 20027026617.172.38$12,210
Dec 20016757216.932.36$11,598
Nov 20013541918.072.41$6,442
Oct 20017056319.782.53$14,104
Sep 20016962324.262.25$16,937
Aug 20013547324.873.05$9,027
Jul 200170718123.933.20$17,497
Jun 20015298324.563.82$13,310
May 2001529725.524.31$13,530
Apr 20017081624.685.34$17,559
Mar 20015206924.545.38$13,132
Feb 20015324627.755.77$15,028
Jan 20015351,09827.478.40$23,918
Dec 20003509626.889.12$10,284
Nov 20008659432.215.66$28,394
Oct 200035312631.235.15$11,673
Sep 200070414431.875.19$23,183
Aug 200035513229.644.54$11,122
Jul 200088222228.534.09$26,071
Jun 20008784029.304.40$25,901
May 2000357027.263.68$9,732
Apr 2000704524.513.12$17,271
Mar 20008861128.422.86$25,212
Feb 2000529127.622.73$14,614
Jan 20006992825.272.48$17,733
Dec 19991,0703624.282.42$26,067
Nov 1999885323.192.43$20,530
Oct 19991,0646120.982.80$22,494
Sep 19991,218021.752.62$26,492
Aug 19992,11810119.262.88$41,083
Jul 19993601117.892.37$6,467
Jun 19991,59824215.942.36$26,044
May 19991,41312315.792.32$22,597
Apr 19992,12942915.102.21$33,095
Mar 19991,55923512.471.84$19,873
Feb 19992,6579419.981.82$28,227
Jan 19994,0901,13610.381.90$44,613
Dec 19989,5192,3759.201.77$91,786
Nov 19987,397010.892.19$80,553

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                  178 bbl  × $106.41 =    $18,941
Casinghead gas       248 Mcf  × $  3.05 =       $755

────────────────────────────────────────────────────
Month total                                  $19,696

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/23626 is the state's own key, not one this site invented.