WEATHERFORD 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 23656District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$10.6 M
Jan 1998 – May 2026
Value, last 12 filed months
$202 k
at the published price for each month
Months reported
341
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
OilDisposition296,024 bbl$9,332,690
Casinghead gasProduction281,785 Mcf$1,234,927
Total$10,567,617

Every month this lease reported (341)

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

341 months

May 2026178244106.413.05$19,684
Apr 202635622398.932.87$35,859
Mar 202617815889.753.15$16,473
Feb 202617422463.503.75$11,889
Jan 202617922259.138.00$12,360
Dec 2025014256.664.41$627
Nov 202517917658.593.93$11,179
Oct 202534924859.383.30$21,543
Sep 202535923662.743.08$23,250
Aug 202518024863.933.01$12,255
Jul 202535618066.743.32$24,356
Jun 202517623266.483.13$12,426
May 202517615960.553.23$11,171
Apr 202535417462.363.54$22,692
Mar 202534924867.704.27$24,686
Feb 202518016970.884.34$13,492
Jan 20251074.324.28$74
Dec 20240068.993.12$0
Nov 202417620069.052.20$12,592
Oct 202435423671.372.28$25,803
Sep 202418024069.612.36$13,097
Aug 202435724875.632.06$27,512
Jul 202434524879.932.15$28,108
Jun 202435224078.082.63$28,116
May 202435424878.812.20$28,444
Apr 202417623784.451.66$15,256
Mar 202435424180.301.55$28,799
Feb 202417423276.091.78$13,653
Jan 202418024873.023.30$13,961
Dec 202335124871.262.61$25,660
Nov 202318924077.892.81$15,395
Oct 202318724885.443.09$16,743
Sep 202335222489.042.74$31,955
Aug 202317822980.522.67$14,945
Jul 202336020574.852.64$27,488
Jun 202317822068.962.26$12,772
May 202318018770.622.23$13,128
Apr 202318215778.122.24$14,569
Mar 202318024872.852.39$13,707
Feb 202335522475.112.47$27,216
Jan 202335924876.533.39$28,314
Dec 202235424876.415.73$28,470
Nov 202217524085.005.65$16,230
Oct 202235424887.185.86$32,316
Sep 202208084.888.16$653
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 2021152071.323.90$10,841
Nov 20210077.435.24$0
Oct 2021182079.795.71$14,522
Sep 2021163069.865.35$11,387
Aug 20210066.024.22$0
Jul 2021184070.783.98$13,024
Jun 2021175069.493.38$12,161
May 20210063.483.02$0
Apr 2021180060.362.76$10,865
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020178044.642.68$7,946
Nov 20200038.772.71$0
Oct 2020724036.972.48$26,766
Sep 2020179037.091.99$6,639
Aug 2020177039.982.39$7,076
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020170014.751.80$2,508
Mar 20200030.341.86$0
Feb 2020178049.881.98$8,879
Jan 20208751757.252.09$50,129
Dec 20193592859.012.30$21,249
Nov 20190055.302.75$0
Oct 20193602153.472.42$19,300
Sep 20194942355.052.66$27,256
Aug 20191773853.112.30$9,488
Jul 20194943556.272.46$27,883
Jun 201917613252.782.49$9,618
May 20190058.482.74$0
Apr 20191529062.632.75$9,767
Mar 201916840056.803.06$10,767
Feb 201916544450.852.79$9,630
Jan 201916943146.033.23$9,170
Dec 201818047346.594.19$10,366
Nov 201816147652.934.24$10,539
Oct 201823651861.443.40$16,260
Sep 201837410759.543.11$22,601
Aug 2018049159.403.07$1,506
Jul 2018052265.142.93$1,530
Jun 20181767260.183.08$10,813
May 201818314465.382.90$12,382
Apr 201819022663.842.90$12,785
Mar 201819118861.222.79$12,217
Feb 201817832161.782.77$11,885
Jan 201818844462.874.01$13,600
Dec 201719538257.272.92$12,284
Nov 201719440955.423.12$12,027
Oct 201718339249.292.98$10,190
Sep 201736236347.523.09$18,323
Aug 201717656845.373.00$9,692
Jul 201718955243.873.09$9,996
Jun 201719243142.493.09$9,489
May 201718263045.373.26$10,313
Apr 201718420247.933.21$9,468
Mar 2017189246.772.98$8,846
Feb 2017378050.452.95$19,070
Jan 20171782349.413.42$8,874
Dec 201636333148.763.72$18,932
Nov 201618367842.492.64$9,569
Oct 201617673946.193.09$10,413
Sep 201617767341.553.10$9,441
Aug 201636674341.442.92$17,340
Jul 201617971741.622.92$9,547
Jun 201635661145.352.69$17,786
May 201618872742.521.99$9,441
Apr 201617872836.561.99$7,957
Mar 201636576533.011.79$13,421
Feb 201617872426.472.06$6,206
Jan 201636883027.352.36$12,027
Dec 201536788832.362.00$13,653
Nov 201518066438.792.17$8,421
Oct 201519578343.552.43$10,392
Sep 201536169142.992.76$17,425
Aug 201536076240.162.87$16,646
Jul 201538079948.152.95$20,650
Jun 201536541656.152.88$21,694
May 201517949055.212.96$11,331
Apr 201518148449.822.71$10,327
Mar 201519874842.892.93$10,687
Feb 201537165044.662.98$18,503
Jan 201536487843.433.10$18,531
Dec 201418092554.693.59$13,166
Nov 201452992370.464.25$41,198
Oct 201438593878.303.90$33,805
Sep 201436385786.164.05$34,743
Aug 20147291,01989.394.04$69,277
Jul 201418494696.564.18$21,721
Jun 20145541,00598.164.74$59,141
May 20143701,03394.734.73$39,933
Apr 201455494495.944.81$57,691
Mar 201476291695.895.06$77,700
Feb 201437664497.406.19$40,610
Jan 201472553290.404.86$68,126
Dec 201353872691.824.35$52,561
Nov 201357146888.853.74$52,483
Oct 201318527697.423.78$19,066
Sep 2013361309104.113.72$38,732
Aug 2013539433104.253.52$57,716
Jul 20137391,047102.523.72$79,655
Jun 20131,0931,41194.403.93$108,729
May 20131,08596594.834.15$106,894
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201317942091.233.42$17,767
Jan 201335940391.603.42$34,263
Dec 201218448886.773.42$17,635
Nov 201218021786.953.62$16,438
Oct 201218028589.383.40$17,057
Sep 201217823394.672.92$17,531
Aug 201217947692.662.91$17,970
Jul 201217646685.133.02$16,391
Jun 201218239979.822.52$15,532
May 201217850591.612.49$17,563
Apr 2012187564101.652.00$20,135
Mar 2012183564105.052.22$20,477
Feb 2012380525101.102.57$39,767
Jan 201219561798.092.73$20,814
Dec 2011061296.873.24$1,983
Nov 201137466695.723.31$38,005
Oct 201118264084.983.65$17,801
Sep 201118271483.623.99$18,065
Aug 201118578583.404.15$18,686
Jul 201136552094.144.52$36,710
Jun 201119036492.904.64$19,340
May 201118457298.134.40$20,575
Apr 2011180596105.964.33$21,655
Mar 201137259696.364.06$38,264
Feb 201117859585.644.18$17,731
Jan 201137258386.504.59$34,853
Dec 201018554485.734.35$18,225
Nov 201019353180.843.80$17,617
Oct 201019575578.103.51$17,879
Sep 201037079672.633.98$30,041
Aug 201017763973.684.42$15,865
Jul 201018154572.554.74$15,713
Jun 201036454970.364.91$28,307
May 201017963271.124.24$15,407
Apr 201035970881.694.12$32,246
Mar 201017961778.394.39$16,740
Feb 201036668773.585.44$30,669
Jan 201017969074.365.96$17,426
Dec 200918372571.445.48$17,049
Nov 200935865974.593.75$29,175
Oct 200917778372.544.11$16,058
Sep 200935780165.543.06$25,853
Aug 200917892367.423.22$14,971
Jul 200935884761.133.46$24,819
Jun 200936183566.163.90$27,136
May 200919478454.743.93$13,697
Apr 200936075746.773.59$19,553
Mar 200935881742.144.06$18,402
Feb 200917981332.814.63$9,640
Jan 200936392335.865.37$17,975
Dec 200836893937.105.98$19,265
Nov 200835394755.496.86$26,085
Oct 20083691,10075.246.92$35,378
Sep 2008180907101.767.88$25,461
Aug 20083631,085114.228.48$50,666
Jul 20083511,079131.0811.39$58,298
Jun 20083481,022131.3313.03$59,022
May 2008345930123.1711.57$53,258
Apr 2008336931110.3110.45$46,798
Mar 20083591,028101.909.66$46,517
Feb 20083611,01392.538.77$42,288
Jan 20085421,05190.388.21$57,610
Dec 20073601,05188.337.30$39,473
Nov 20073571,02691.677.29$40,207
Oct 20075341,18582.856.92$52,444
Sep 20075321,15075.846.24$47,528
Aug 20075301,21269.066.39$44,344
Jul 20075411,14670.906.39$45,677
Jun 20075271,15262.007.55$41,370
May 200735296758.747.85$28,264
Apr 20077011,03559.617.81$49,865
Mar 20077141,06956.927.30$48,447
Feb 200771469055.108.22$45,010
Jan 200736795650.306.73$24,891
Dec 20061,0851,18756.656.92$69,677
Nov 20068861,31054.207.62$58,000
Oct 20060054.906.01$0
Sep 200635855460.085.04$24,299
Aug 20065231,04768.717.34$43,620
Jul 20066981,06369.376.34$55,163
Jun 20065311,10866.286.38$42,268
May 20065231,11266.016.42$41,668
Apr 200653198564.397.36$41,441
Mar 200673996256.707.08$48,715
Feb 200635596257.597.75$27,901
Jan 20066021,03460.598.93$45,712
Dec 200554293654.9413.42$42,334
Nov 20055591,09154.6910.59$42,124
Oct 20059361,21358.3413.80$71,341
Sep 200553997761.4512.08$44,923
Aug 20057341,35161.519.80$58,384
Jul 200554691055.697.84$37,544
Jun 200555692752.337.38$35,938
May 20057351,24445.226.65$41,511
Apr 20057471,25449.207.36$45,982
Mar 20057201,44150.377.15$46,577
Feb 20055401,09145.226.31$31,305
Jan 20059301,26243.166.32$48,117
Dec 20047391,53339.866.75$39,806
Nov 20047501,46445.286.33$43,228
Oct 20047131,06149.706.52$42,349
Sep 20049211,34643.245.28$46,936
Aug 20047411,62842.375.55$40,433
Jul 20041,1141,84638.286.08$53,875
Jun 20049351,04136.106.43$40,450
May 20049431,46537.486.49$44,858
Apr 20041,1181,76534.475.86$48,878
Mar 20041,3182,02334.365.53$56,474
Feb 20041,1111,61132.455.51$44,928
Jan 20041,7101,63232.036.30$65,052
Dec 20031,7021,61630.266.30$61,686
Nov 20033,5602,22928.804.60$112,771
Oct 20031,11555328.174.76$34,042
Sep 200375057226.314.75$22,449
Aug 200336136329.765.13$12,605
Jul 20037501,24429.415.17$28,490
Jun 20037501,36428.565.98$29,581
May 20039211,42326.595.97$32,989
Apr 20037501,26126.675.41$26,821
Mar 20037671,38631.146.10$32,333
Feb 20037671,18233.487.93$35,048
Jan 20039371,34830.315.58$35,925
Dec 20029551,29826.914.85$31,999
Nov 20029631,02724.664.14$27,996
Oct 20029391,34726.464.23$30,543
Sep 20029121,26327.443.64$29,617
Aug 20021,0831,26725.963.16$32,124
Jul 20021,0451,22024.583.06$29,421
Jun 20021,1041,31623.733.34$30,591
May 20029341,14524.663.58$27,136
Apr 20021,27695423.653.51$33,528
Mar 20021,08694622.003.10$26,827
Feb 200291893218.222.38$18,940
Jan 200291789617.172.38$17,874
Dec 20011,06360316.932.36$19,422
Nov 200187882818.072.41$17,857
Oct 20011,21584519.782.53$26,170
Sep 20011,04661124.262.25$26,752
Aug 20011,32862424.873.05$34,933
Jul 20011,02572323.933.20$26,840
Jun 20011,22878724.563.82$33,169
May 20011,38775325.524.31$38,640
Apr 20011,22680824.685.34$34,569
Mar 20011,22157424.545.38$33,049
Feb 20011,18744427.755.77$35,500
Jan 20011,04715027.478.40$30,021
Dec 20001,39977426.889.12$44,666
Nov 20001,51773532.215.66$53,021
Oct 20001,3682,29431.235.15$54,526
Sep 20001,4392,31431.875.19$57,862
Aug 20001,8413,49029.644.54$70,414
Jul 20002,0753,65128.534.09$74,131
Jun 20001,9663,31129.304.40$72,163
May 20001,7813,24127.263.68$60,476
Apr 20001,6092,44824.513.12$47,065
Mar 20002,2983,30428.422.86$74,758
Feb 20002,6812,96227.622.73$82,125
Jan 20002,6752,51525.272.48$73,836
Dec 19992,4992,96724.282.42$67,867
Nov 19992,8643,98823.192.43$76,123
Oct 19993,5623,68720.982.80$85,068
Sep 19993,3161621.752.62$72,165
Aug 19993,4902,58319.262.88$74,645
Jul 19994,1723,79517.892.37$83,640
Jun 19995,0194,57515.942.36$90,809
May 19994,4313,45115.792.32$77,975
Apr 19993,6552,40715.102.21$60,505
Mar 19994,9162,67012.471.84$66,211
Feb 19994,0202,3149.981.82$44,326
Jan 19994,9302,50310.381.90$55,929
Dec 19985,3262,6609.201.77$53,716
Nov 19985,9792,77310.892.19$71,172
Oct 19987,0142,83412.421.97$92,695
Sep 19988,0922,91512.592.08$107,949
Aug 19989,2453,26911.301.91$110,704
Jul 199812,0712,89011.742.24$148,179
Jun 199814,2252,60611.242.24$165,719
May 19985,9411,66812.622.21$78,656
Apr 199815,9163,17013.042.51$215,487
Mar 199811,3593,57212.802.31$153,645
Feb 19983,69483313.952.30$53,446
Jan 19987014.702.15$103

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       244 Mcf  × $  3.05 =       $743

────────────────────────────────────────────────────
Month total                                  $19,684

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/23656 is the state's own key, not one this site invented.