ANDREWS 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 23640District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$7.5 M
Apr 1998 – May 2026
Value, last 12 filed months
$174 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
OilDisposition183,959 bbl$7,044,197
Casinghead gasProduction132,445 Mcf$495,892
Total$7,540,089

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 2026174248106.413.05$19,271
Apr 202618024098.932.87$18,496
Mar 202617724889.753.15$16,667
Feb 202616822463.503.75$11,508
Jan 202617524859.138.00$12,331
Dec 2025024856.664.41$1,095
Nov 202517324058.593.93$11,078
Oct 202517624859.383.30$11,270
Sep 202516824062.743.08$11,279
Aug 202536324863.933.01$23,954
Jul 202517124866.743.32$12,235
Jun 202535624066.483.13$24,418
May 202503260.553.23$103
Apr 2025118462.363.54$714
Mar 2025024867.704.27$1,059
Feb 202517722470.884.34$13,518
Jan 202518024874.324.28$14,439
Dec 202417923768.993.12$13,089
Nov 202417524069.052.20$12,611
Oct 202416923271.372.28$12,591
Sep 202417324069.612.36$12,610
Aug 202417524875.632.06$13,747
Jul 202416524879.932.15$13,721
Jun 202417624078.082.63$14,374
May 202417624878.812.20$14,416
Apr 202417224084.451.66$14,924
Mar 202418724880.301.55$15,399
Feb 202434117676.091.78$26,261
Jan 202417624473.023.30$13,656
Dec 202316524871.262.61$12,405
Nov 202318624077.892.81$15,161
Oct 202335124485.443.09$30,743
Sep 202317523689.042.74$16,227
Aug 202317124880.522.67$14,432
Jul 202335124874.852.64$26,928
Jun 202317823668.962.26$12,808
May 202335724670.622.23$25,759
Apr 202318222878.122.24$14,728
Mar 202335724872.852.39$26,601
Feb 202335222475.112.47$26,991
Jan 202317724876.533.39$14,386
Dec 202235024876.415.73$28,164
Nov 202236224085.005.65$32,125
Oct 202217824887.185.86$16,972
Sep 202237024084.888.16$33,365
Aug 202234524894.529.13$34,873
Jul 2022547248101.587.54$57,435
Jun 2022359240115.097.98$43,232
May 2022538248109.378.43$60,932
Apr 2022363240104.226.84$39,473
Mar 2022367248108.885.08$41,218
Feb 202254722491.054.86$50,893
Jan 202236024881.844.54$30,588
Dec 2021704071.323.90$50,209
Nov 2021739077.435.24$57,221
Oct 20211,464079.795.71$116,813
Sep 20210069.865.35$0
Aug 2021356066.024.22$23,503
Jul 2021188070.783.98$13,307
Jun 2021177069.493.38$12,300
May 2021168063.483.02$10,665
Apr 20210060.362.76$0
Mar 2021356061.302.72$21,823
Feb 2021181057.805.55$10,462
Jan 2021367050.412.81$18,500
Dec 2020714044.642.68$31,873
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020169037.091.99$6,268
Aug 2020182039.982.39$7,276
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020359014.751.80$5,295
Mar 202036614430.341.86$11,372
Feb 2020016549.881.98$327
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019361355.302.75$19,972
Oct 2019181253.472.42$9,683
Sep 2019174055.052.66$9,579
Aug 2019336053.112.30$17,845
Jul 2019320056.272.46$18,006
Jun 2019343052.782.49$18,104
May 201918058.482.74$1,053
Apr 20193162.632.75$191
Mar 20191913556.803.06$10,956
Feb 20191788150.852.79$9,277
Jan 20193319546.033.23$15,543
Dec 20181948646.594.19$9,398
Nov 20185289552.934.24$28,350
Oct 20181759361.443.40$11,068
Sep 201819017059.543.11$11,841
Aug 201819320859.403.07$12,102
Jul 2018021965.142.93$642
Jun 201848612960.183.08$29,644
May 201819014465.382.90$12,840
Apr 201816911363.842.90$11,117
Mar 201819614161.222.79$12,392
Feb 201832813161.782.77$20,626
Jan 201818315362.874.01$12,119
Dec 201718719657.272.92$11,282
Nov 201719120555.423.12$11,224
Oct 201737321849.292.98$19,036
Sep 201718824047.523.09$9,675
Aug 201719123845.373.00$9,381
Jul 201719222143.873.09$9,105
Jun 201718020542.493.09$8,281
May 201736120045.373.26$17,031
Apr 201718619947.933.21$9,554
Mar 201718818346.772.98$9,339
Feb 201717917150.452.95$9,535
Jan 201734517149.413.42$17,631
Dec 201617910048.763.72$9,100
Nov 201617926842.492.64$8,314
Oct 201618639346.193.09$9,806
Sep 201635628541.553.10$15,675
Aug 201636028641.442.92$15,755
Jul 201618031641.622.92$8,416
Jun 201618931045.352.69$9,404
May 201636328442.521.99$16,000
Apr 201618619636.561.99$7,190
Mar 201619126033.011.79$6,771
Feb 201638026426.472.06$10,603
Jan 201637327727.352.36$10,856
Dec 2015331832.362.00$734
Nov 201517827638.792.17$7,503
Oct 201518530743.552.43$8,802
Sep 201553931342.992.76$24,035
Aug 201519332740.162.87$8,690
Jul 201518532948.152.95$9,877
Jun 201536333856.152.88$21,357
May 201518432655.212.96$11,122
Apr 201518935849.822.71$10,385
Mar 201536517542.892.93$16,168
Feb 201517717544.662.98$8,426
Jan 201517919843.433.10$8,388
Dec 201417822254.693.59$10,532
Nov 201418119370.464.25$13,574
Oct 201436721578.303.90$29,575
Sep 201417721986.164.05$16,136
Aug 201418323689.394.04$17,311
Jul 201437024796.564.18$36,760
Jun 201418422398.164.74$19,118
May 201418517594.734.73$18,352
Apr 201436322395.944.81$35,899
Mar 201418323595.895.06$18,736
Feb 201418220397.406.19$18,984
Jan 201419021190.404.86$18,202
Dec 201336023191.824.35$34,061
Nov 201317621288.853.74$16,430
Oct 201318024397.423.78$18,454
Sep 2013360259104.113.72$38,442
Aug 2013181276104.253.52$19,841
Jul 2013182260102.523.72$19,625
Jun 201337024994.403.93$35,907
May 201318025494.834.15$18,123
Apr 201336523993.964.28$35,319
Mar 201317925493.623.91$17,752
Feb 201335622791.233.42$33,254
Jan 201317925691.603.42$17,272
Dec 201235926586.773.42$32,057
Nov 201218026186.953.62$16,597
Oct 201236028189.383.40$33,132
Sep 201217921194.672.92$17,562
Aug 201237130492.662.91$35,261
Jul 20123681,52885.133.02$35,944
Jun 201236529979.822.52$29,887
May 201254231991.612.49$50,446
Apr 2012182219101.652.00$18,938
Mar 2012183223105.052.22$19,720
Feb 2012380160101.102.57$38,829
Jan 201218721698.092.73$18,933
Dec 201119222796.873.24$19,334
Nov 201118923195.723.31$18,856
Oct 201118025484.983.65$16,223
Sep 201137325183.623.99$32,191
Aug 201118726883.404.15$16,708
Jul 201119221994.144.52$19,064
Jun 201137025492.904.64$35,552
May 201119125098.134.40$19,844
Apr 2011194245105.964.33$21,618
Mar 201137522196.364.06$37,032
Feb 201118619885.644.18$16,757
Jan 201138320886.504.59$34,084
Dec 201019523285.734.35$17,726
Nov 201017923780.843.80$15,370
Oct 201037431878.103.51$30,325
Sep 201018533572.633.98$14,770
Aug 201019227373.684.42$15,353
Jul 201019328272.554.74$15,338
Jun 201036924070.364.91$27,141
May 201018129271.124.24$14,109
Apr 201036626081.694.12$30,970
Mar 201019124378.394.39$16,039
Feb 201036420373.585.44$27,888
Jan 201017724174.365.96$14,599
Dec 200935525471.445.48$26,754
Nov 200917926574.593.75$14,346
Oct 200935627272.544.11$26,942
Sep 200935627865.543.06$24,184
Aug 200917826967.423.22$12,867
Jul 200936832561.133.46$23,622
Jun 200919530566.163.90$14,089
May 200937531354.743.93$21,756
Apr 200936421546.773.59$17,796
Mar 200918013042.144.06$8,113
Feb 200936213632.814.63$12,507
Jan 200936317435.865.37$13,952
Dec 200819527737.105.98$8,890
Nov 200837728255.496.86$22,854
Oct 200819629275.246.92$16,768
Sep 2008388270101.767.88$41,610
Aug 2008196278114.228.48$24,745
Jul 2008385295131.0811.39$53,826
Jun 2008388271131.3313.03$54,488
May 2008197232123.1711.57$26,950
Apr 2008395229110.3110.45$45,967
Mar 2008394219101.909.66$42,265
Feb 200819716692.538.77$19,684
Jan 200838813790.388.21$36,192
Dec 200740016388.337.30$36,522
Nov 200720217591.677.29$19,793
Oct 200739423582.856.92$34,270
Sep 200718624475.846.24$15,630
Aug 200739321869.066.39$28,533
Jul 200739127470.906.39$29,472
Jun 200719924962.007.55$14,218
May 200738527158.747.85$24,741
Apr 200739324559.617.81$25,339
Mar 200719228956.927.30$13,039
Feb 200737826955.108.22$23,038
Jan 200739028550.306.73$21,534
Dec 200639130956.656.92$24,288
Nov 200638028254.207.62$22,744
Oct 200638416954.906.01$22,098
Sep 200618925660.085.04$12,645
Aug 200637828168.717.34$28,035
Jul 200637222269.376.34$27,214
Jun 200637326566.286.38$26,414
May 200637327466.016.42$26,382
Apr 200637524964.397.36$25,979
Mar 200638328456.707.08$23,728
Feb 200637323557.597.75$23,303
Jan 200637628160.598.93$25,292
Dec 200533938554.9413.42$23,790
Nov 200536935354.6910.59$23,918
Oct 200556237358.3413.80$37,933
Sep 200518537961.4512.08$15,946
Aug 200555543161.519.80$38,360
Jul 200537022155.697.84$22,339
Jun 200536217952.337.38$20,265
May 200537026145.226.65$18,467
Apr 200534513949.207.36$17,997
Mar 20055148650.377.15$26,506
Feb 20053595945.226.31$16,606
Jan 200550119943.166.32$22,881
Dec 200436827039.866.75$16,491
Nov 200456030645.286.33$27,294
Oct 200436637449.706.52$20,627
Sep 200454438343.245.28$25,546
Aug 200456131042.375.55$25,490
Jul 200455935838.286.08$23,577
Jun 200430621036.106.43$12,398
May 200437013437.486.49$14,738
Apr 200437129034.475.86$14,487
Mar 200456436434.365.53$21,392
Feb 200455535732.455.51$19,977
Jan 200437742032.036.30$14,721
Dec 200357146130.266.30$20,184
Nov 200355751228.804.60$18,394
Oct 200374353428.174.76$23,472
Sep 200338044726.314.75$12,121
Aug 200355435329.765.13$18,298
Jul 200356138029.415.17$18,464
Jun 200356247028.565.98$18,863
May 200356252026.595.97$18,049
Apr 200375553926.675.41$23,050
Mar 200374047231.146.10$25,921
Feb 200338350233.487.93$16,802
Jan 200375033430.315.58$24,597
Dec 200256821926.914.85$16,348
Nov 200276142024.664.14$20,504
Oct 200273756626.464.23$21,895
Sep 200253443027.443.64$16,216
Aug 200271649225.963.16$20,144
Jul 200270559224.583.06$19,141
Jun 200272563223.733.34$19,314
May 200292551624.663.58$24,660
Apr 200290163823.653.51$23,550
Mar 200257057422.003.10$14,321
Feb 200289462218.222.38$17,766
Jan 20021,08372017.172.38$20,306
Dec 200188476516.932.36$16,775
Nov 200190367918.072.41$17,951
Oct 200190445119.782.53$19,022
Sep 200170751324.262.25$18,307
Aug 20011,06882324.873.05$29,074
Jul 20011,06873323.933.20$27,901
Jun 200172362424.563.82$20,143
May 20011,07611125.524.31$27,938
Apr 20011,07613024.685.34$27,249
Mar 200190216424.545.38$23,017
Feb 20011,07913527.755.77$30,721
Jan 20011,07820527.478.40$31,334
Dec 20001,07125026.889.12$31,069
Nov 20001,07513832.215.66$35,407
Oct 20001,37322531.235.15$44,037
Sep 20005128731.875.19$16,769
Aug 20008452,40629.644.54$35,971
Jul 20001,1692,33828.534.09$42,913
Jun 20008431,81629.304.40$32,685
May 20001,1611,97127.263.68$38,902
Apr 20001,1901,40124.513.12$33,532
Mar 20001,3931,74528.422.86$44,579
Feb 20001,0641,80427.622.73$34,306
Jan 20001,4251,71525.272.48$40,264
Dec 19991,7861,45724.282.42$46,895
Nov 19992,1551,39123.192.43$53,360
Oct 19991,61787620.982.80$36,381
Sep 19991,6242,36021.752.62$41,502
Aug 19992,1363,01019.262.88$49,795
Jul 19991,4352,03017.892.37$30,488
Jun 19991,6031,29915.942.36$28,620
May 19991,6161,86015.792.32$29,834
Apr 19991,4311,61115.102.21$25,165
Mar 19992,1652,38012.471.84$31,373
Feb 19992,1461,8159.981.82$24,716
Jan 19992,7232,08710.381.90$32,230
Dec 19982,7162,3809.201.77$29,208
Nov 19983,0492,57210.892.19$38,825
Oct 19983,7752,11212.421.97$51,044
Sep 19984,4662,77212.592.08$62,000
Aug 19986,5532,01111.301.91$77,885
Jul 19989,7182,13611.742.24$118,868
Jun 19985,4991,19511.242.24$64,482
May 19983,8891,31812.622.21$51,987
Apr 19986,7052,17513.042.51$92,882

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                  174 bbl  × $106.41 =    $18,515
Casinghead gas       248 Mcf  × $  3.05 =       $755

────────────────────────────────────────────────────
Month total                                  $19,271

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/23640 is the state's own key, not one this site invented.