MCCRARY 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 23658District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$13.0 M
May 1998 – May 2026
Value, last 12 filed months
$124 k
at the published price for each month
Months reported
337
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
OilDisposition331,558 bbl$11,829,214
Casinghead gasProduction250,318 Mcf$1,124,080
Total$12,953,294

Every month this lease reported (337)

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

337 months

May 2026177248106.413.05$19,590
Apr 202616124098.932.87$16,616
Mar 202617924889.753.15$16,846
Feb 202603263.503.75$120
Jan 20260059.138.00$0
Dec 202517212856.664.41$10,310
Nov 2025024058.593.93$942
Oct 202518024859.383.30$11,508
Sep 202517324062.743.08$11,592
Aug 202518024863.933.01$12,255
Jul 202509166.743.32$302
Jun 202535524066.483.13$24,351
May 202535024860.553.23$21,994
Apr 202517624062.363.54$11,826
Mar 202517824467.704.27$13,092
Feb 202517922470.884.34$13,660
Jan 202517520874.324.28$13,896
Dec 202434123368.993.12$24,253
Nov 202417824069.052.20$12,819
Oct 202433922571.372.28$24,708
Sep 202412017969.612.36$8,776
Aug 202417816875.632.06$13,809
Jul 202417524879.932.15$14,520
Jun 202434924078.082.63$27,882
May 202435024878.812.20$28,129
Apr 202417724084.451.66$15,346
Mar 202417624880.301.55$14,516
Feb 202436223276.091.78$27,958
Jan 202418223673.023.30$14,068
Dec 202316924871.262.61$12,690
Nov 202317923877.892.81$14,611
Oct 202336124885.443.09$31,609
Sep 202335424089.042.74$32,177
Aug 202334824580.522.67$28,676
Jul 202335024874.852.64$26,853
Jun 202336623668.962.26$25,772
May 202335724570.622.23$25,757
Apr 202335223878.122.24$28,031
Mar 202353624872.852.39$39,641
Feb 202335120375.112.47$26,864
Jan 202336318976.533.39$28,421
Dec 202235724876.415.73$28,699
Nov 202253624085.005.65$46,915
Oct 202253624887.185.86$48,183
Sep 202253124084.888.16$47,031
Aug 202235224894.529.13$35,535
Jul 2022365248101.587.54$38,947
Jun 2022547240115.097.98$64,869
May 2022539248109.378.43$61,042
Apr 2022529240104.226.84$56,773
Mar 2022543248108.885.08$60,381
Feb 202255422491.054.86$51,530
Jan 202254124881.844.54$45,401
Dec 2021534071.323.90$38,085
Nov 2021366077.435.24$28,339
Oct 2021353079.795.71$28,166
Sep 2021367069.865.35$25,639
Aug 2021543066.024.22$35,849
Jul 2021361070.783.98$25,552
Jun 2021339069.493.38$23,557
May 2021523063.483.02$33,200
Apr 2021354060.362.76$21,367
Mar 2021532061.302.72$32,612
Feb 2021171057.805.55$9,884
Jan 2021351050.412.81$17,694
Dec 2020541044.642.68$24,150
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 2020352014.751.80$5,192
Mar 2020365030.341.86$11,074
Feb 2020359049.881.98$17,907
Jan 2020724057.252.09$41,449
Dec 2019180059.012.30$10,622
Nov 2019361055.302.75$19,963
Oct 2019378053.472.42$20,212
Sep 2019353055.052.66$19,433
Aug 201970920253.112.30$38,120
Jul 2019356056.272.46$20,032
Jun 20197068352.782.49$37,469
May 2019360058.482.74$21,053
Apr 20191,252062.632.75$78,413
Mar 20191,435056.803.06$81,508
Feb 2019359050.852.79$18,255
Jan 2019379046.033.23$17,445
Dec 2018551046.594.19$25,671
Nov 2018355052.934.24$18,790
Oct 2018373061.443.40$22,917
Sep 2018548059.543.11$32,628
Aug 2018383059.403.07$22,750
Jul 2018167065.142.93$10,878
Jun 2018523060.183.08$31,474
May 2018379065.382.90$24,779
Apr 2018385063.842.90$24,578
Mar 2018540061.222.79$33,059
Feb 2018380061.782.77$23,476
Jan 2018387062.874.01$24,331
Dec 2017371057.272.92$21,247
Nov 20175603755.423.12$31,151
Oct 20173755549.292.98$18,648
Sep 2017373047.523.09$17,725
Aug 2017379045.373.00$17,195
Jul 2017367043.873.09$16,100
Jun 2017554042.493.09$23,539
May 20173641045.373.26$16,547
Apr 2017551047.933.21$26,409
Mar 2017368046.772.98$17,211
Feb 20175331250.452.95$26,925
Jan 20175509049.413.42$27,483
Dec 2016918048.763.72$44,762
Nov 20165445842.492.64$23,268
Oct 201635723346.193.09$17,210
Sep 201635222941.553.10$15,336
Aug 201653727341.442.92$23,052
Jul 201653631441.622.92$23,227
Jun 201635421745.352.69$16,637
May 201653230942.521.99$23,236
Apr 201653628336.561.99$20,160
Mar 201636739433.011.79$12,822
Feb 201636618826.472.06$10,076
Jan 201636443527.352.36$10,984
Dec 201536030632.362.00$12,262
Nov 201555137938.792.17$22,195
Oct 201536241343.552.43$16,767
Sep 201538138542.992.76$17,441
Aug 201537343240.162.87$16,221
Jul 201536046848.152.95$18,712
Jun 201535845256.152.88$21,405
May 201555044755.212.96$31,687
Apr 201538545349.822.71$20,407
Mar 201537043742.892.93$17,152
Feb 201535239244.662.98$16,887
Jan 201537348143.433.10$17,691
Dec 201436049954.693.59$21,480
Nov 201437148070.464.25$28,182
Oct 201436549878.303.90$30,522
Sep 201436346086.164.05$33,137
Aug 201437650989.394.04$35,665
Jul 201437136796.564.18$37,358
Jun 201435739198.164.74$36,895
May 201436339494.734.73$36,249
Apr 201437239495.944.81$37,584
Mar 201437541095.895.06$38,032
Feb 201437538597.406.19$38,909
Jan 201437249190.404.86$36,015
Dec 201337450291.824.35$36,527
Nov 201355648788.853.74$51,221
Oct 201318747697.423.78$20,017
Sep 2013362516104.113.72$39,606
Aug 2013356479104.253.52$38,800
Jul 2013535480102.523.72$56,633
Jun 201336742194.403.93$36,301
May 201336041694.834.15$35,865
Apr 201318143993.964.28$18,887
Mar 201336040993.623.91$35,304
Feb 201336540191.233.42$34,670
Jan 201354346391.603.42$51,322
Dec 201236550786.773.42$33,405
Nov 201236652686.953.62$33,730
Oct 201236463189.383.40$34,680
Sep 201236144194.672.92$35,463
Aug 201236964292.662.91$36,059
Jul 201236450785.133.02$32,519
Jun 201236143679.822.52$29,913
May 201218826891.612.49$17,890
Apr 2012184319101.652.00$19,341
Mar 2012364322105.052.22$38,954
Feb 2012188315101.102.57$19,816
Jan 201237435698.092.73$37,659
Dec 201137234596.873.24$37,153
Nov 201137226495.723.31$36,482
Oct 201136829084.983.65$32,331
Sep 201136843683.623.99$32,510
Aug 201136664383.404.15$33,192
Jul 201136850794.144.52$36,934
Jun 201135844992.904.64$35,342
May 201136335398.134.40$37,176
Apr 2011365349105.964.33$40,188
Mar 201136050696.364.06$36,743
Feb 201137153685.644.18$34,013
Jan 201136355786.504.59$33,955
Dec 201036449785.734.35$33,367
Nov 201036448980.843.80$31,282
Oct 201037563578.103.51$31,516
Sep 201036558572.633.98$28,838
Aug 201054764073.684.42$43,131
Jul 201036668972.554.74$29,817
Jun 201054321870.364.91$39,276
May 201036128771.124.24$26,890
Apr 201035933781.694.12$30,716
Mar 201036332778.394.39$29,891
Feb 201035849373.585.44$29,025
Jan 201054661274.365.96$44,251
Dec 200936355371.445.48$28,965
Nov 200936561074.593.75$29,514
Oct 200954369672.544.11$42,250
Sep 200936266765.543.06$25,770
Aug 200936171867.423.22$26,650
Jul 200936063661.133.46$24,210
Jun 200955261166.163.90$38,900
May 200937168854.743.93$23,009
Apr 200936576246.773.59$19,805
Mar 200954687042.144.06$26,540
Feb 200937078532.814.63$15,777
Jan 200955882035.865.37$24,414
Dec 200857481337.105.98$26,155
Nov 200837975355.496.86$26,197
Oct 200859581175.246.92$50,382
Sep 2008398686101.767.88$45,904
Aug 2008578784114.228.48$72,670
Jul 2008395902131.0811.39$62,050
Jun 20083811,094131.3313.03$64,294
May 20085781,286123.1711.57$86,077
Apr 20083911,222110.3110.45$55,907
Mar 20085831,014101.909.66$69,207
Feb 20083671,12592.538.77$43,825
Jan 20085741,23790.388.21$62,029
Dec 20075801,35388.337.30$61,111
Nov 20075781,27491.677.29$62,275
Oct 200738484682.856.92$37,670
Sep 20075731,29675.846.24$51,549
Aug 20077571,39669.066.39$61,196
Jul 20075781,31870.906.39$49,400
Jun 200738158262.007.55$28,015
May 20075821,44558.747.85$45,525
Apr 20075831,27759.617.81$44,720
Mar 20077451,42356.927.30$52,796
Feb 200737659355.108.22$25,590
Jan 20075711,33650.306.73$37,708
Dec 20065621,32456.656.92$40,997
Nov 20065701,30554.207.62$40,835
Oct 20065591,27654.906.01$38,363
Sep 20065711,31660.085.04$40,935
Aug 20065571,46268.717.34$49,002
Jul 20065641,20869.376.34$46,787
Jun 20065681,31966.286.38$46,067
May 20065631,36866.016.42$45,953
Apr 20065631,15664.397.36$44,760
Mar 20065601,29956.707.08$40,953
Feb 20067521,11057.597.75$51,911
Jan 20067371,23460.598.93$55,679
Dec 20055611,04854.9413.42$44,881
Nov 200557490054.6910.59$40,922
Oct 200593085958.3413.80$66,107
Sep 200537772361.4512.08$31,900
Aug 200557384561.519.80$43,524
Jul 20057623055.697.84$42,671
Jun 200556835452.337.38$32,336
May 200556656245.226.65$29,332
Apr 200575542049.207.36$40,237
Mar 200555446550.377.15$31,232
Feb 200555314545.226.31$25,922
Jan 200574664643.166.32$36,282
Dec 200474552139.866.75$33,213
Nov 200457057245.286.33$29,431
Oct 200474678449.706.52$42,184
Sep 200473770743.245.28$35,604
Aug 20049386042.375.55$40,076
Jul 200477036238.286.08$31,678
Jun 20041,11573736.106.43$44,993
May 20047676437.486.49$29,163
Apr 200494952434.475.86$35,782
Mar 200494979434.365.53$36,999
Feb 20041879532.455.51$6,592
Jan 200457837832.036.30$20,895
Dec 200391471030.266.30$32,132
Nov 200356556528.804.60$18,868
Oct 200395184128.174.76$30,793
Sep 20039571,06926.314.75$30,256
Aug 20039391,25229.765.13$34,367
Jul 200372668929.415.17$24,914
Jun 200355156328.565.98$19,105
May 200392681526.595.97$29,490
Apr 20039071,04626.675.41$29,846
Mar 20039181,10531.146.10$35,323
Feb 20039031,13733.487.93$39,244
Jan 20039071,32630.315.58$34,893
Dec 20021,11840726.914.85$32,061
Nov 20029351,11124.664.14$27,653
Oct 20021,1051,78426.464.23$36,783
Sep 20021,0861,84327.443.64$36,500
Aug 20021,2402,27325.963.16$39,383
Jul 20021,3711,83924.583.06$39,330
Jun 20021,4852,37723.733.34$43,174
May 20021,6222,38424.663.58$48,543
Apr 20021,6322,15823.653.51$46,176
Mar 20021,6421,91522.003.10$42,066
Feb 20021,8142,60818.222.38$39,247
Jan 20021,9712,69417.172.38$40,242
Dec 200155568316.932.36$11,011
Nov 20011,8333,14818.072.41$40,695
Oct 20012,3603,76319.782.53$56,197
Sep 20012,5251,36224.262.25$64,323
Aug 20012,6702,14424.873.05$72,949
Jul 20012,4522,65823.933.20$67,174
Jun 20012,8873,25424.563.82$83,349
May 20012,8842,46825.524.31$84,230
Apr 20013,3772,09624.685.34$94,527
Mar 20011,8091,81324.545.38$54,140
Feb 20011,2582,78727.755.77$50,982
Jan 20011,6902,78027.478.40$69,773
Dec 20001,7531,73526.889.12$62,948
Nov 20001,9501,79332.215.66$72,954
Oct 20002,1331,78931.235.15$75,819
Sep 20002,5962,28631.875.19$94,591
Aug 20002,8972,92529.644.54$99,149
Jul 20003,3862,46528.534.09$106,684
Jun 20003,3402,60329.304.40$109,308
May 20003,9882,53327.263.68$118,034
Apr 20004,4411,41424.513.12$113,255
Mar 20006,0312,97128.422.86$179,897
Feb 20006,0762,62327.622.73$174,971
Jan 20002,68190825.272.48$70,001
Dec 19992,5031,76924.282.42$65,060
Nov 19992,8402,00023.192.43$70,728
Oct 19995,3003,32820.982.80$120,525
Sep 19994,3974,82321.752.62$108,265
Aug 19997,1106,38619.262.88$155,302
Jul 19998,9404,97117.892.37$171,730
Jun 19999,4185,51915.942.36$163,159
May 199917,4805,15915.792.32$287,983
Apr 19992,0881,05015.102.21$33,847
Mar 19992,18965312.471.84$28,497
Feb 19992,1445009.981.82$22,306
Jan 19991,45952910.381.90$16,149
Dec 19982,4974159.201.77$23,708
Nov 19983,8641,70810.892.19$45,812
Oct 19986,1404,49712.421.97$85,114
Sep 19986,9864,10512.592.08$96,503
Aug 19987,5773,74211.301.91$92,757
Jul 19988,662011.742.24$101,692
Jun 199817,083011.242.24$192,013
May 19984,317012.622.21$54,481

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                  177 bbl  × $106.41 =    $18,835
Casinghead gas       248 Mcf  × $  3.05 =       $755

────────────────────────────────────────────────────
Month total                                  $19,590

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/23658 is the state's own key, not one this site invented.