SHIMEK-HOPPE 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 23724District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$11.4 M
Aug 1999 – May 2026
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
322
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
OilDisposition251,473 bbl$10,155,042
Casinghead gasProduction241,313 Mcf$1,211,647
Total$11,366,689

Every month this lease reported (322)

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

322 months

May 20260248106.413.05$755
Apr 2026024098.932.87$689
Mar 2026124889.753.15$871
Feb 202617617163.503.75$11,817
Jan 202618023259.138.00$12,499
Dec 202506856.664.41$300
Nov 20250058.593.93$0
Oct 2025012359.383.30$407
Sep 202511962.743.08$121
Aug 202517216763.933.01$11,499
Jul 202517622866.743.32$12,502
Jun 202501166.483.13$34
May 202516724860.553.23$10,913
Apr 202516824062.363.54$11,327
Mar 2025024867.704.27$1,059
Feb 202505970.884.34$256
Jan 202517524874.324.28$14,067
Dec 202417324868.993.12$12,709
Nov 202417624069.052.20$12,680
Oct 202417524871.372.28$13,056
Sep 2024224069.612.36$707
Aug 202417924875.632.06$14,050
Jul 202417817979.932.15$14,612
Jun 202417524078.082.63$14,296
May 202417724878.812.20$14,495
Apr 202419424084.451.66$16,782
Mar 202418924880.301.55$15,560
Feb 202416821676.091.78$13,168
Jan 202418524873.023.30$14,327
Dec 202318224871.262.61$13,617
Nov 202316824077.892.81$13,759
Oct 202318224885.443.09$16,316
Sep 202317724089.042.74$16,416
Aug 202317324880.522.67$14,593
Jul 202317724874.852.64$13,904
Jun 202317723268.962.26$12,730
May 202318818670.622.23$13,691
Apr 202334524078.122.24$27,488
Mar 202318624872.852.39$14,144
Feb 202318618575.112.47$14,427
Jan 202318822276.533.39$15,140
Dec 202216422076.415.73$13,792
Nov 202235324085.005.65$31,360
Oct 202218024887.185.86$17,147
Sep 202236024084.888.16$32,516
Aug 202235424894.529.13$35,724
Jul 2022364248101.587.54$38,846
Jun 2022358240115.097.98$43,117
May 202217636109.378.43$19,553
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202218024881.844.54$15,857
Dec 2021350071.323.90$24,962
Nov 2021371077.435.24$28,727
Oct 2021367079.795.71$29,283
Sep 2021356069.865.35$24,870
Aug 2021353066.024.22$23,305
Jul 2021519070.783.98$36,735
Jun 2021520069.493.38$36,135
May 2021721063.483.02$45,769
Apr 2021547060.362.76$33,017
Mar 2021889061.302.72$54,496
Feb 2021164057.805.55$9,479
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020535038.772.71$20,742
Oct 2020540036.972.48$19,964
Sep 2020354037.091.99$13,130
Aug 2020185039.982.39$7,396
Jul 2020181038.371.83$6,945
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020179014.751.80$2,640
Mar 2020357030.341.86$10,831
Feb 2020702049.881.98$35,016
Jan 2020553057.252.09$31,659
Dec 2019542059.012.30$31,983
Nov 2019724055.302.75$40,037
Oct 2019560053.472.42$29,943
Sep 2019810055.052.66$44,591
Aug 2019699053.112.30$37,124
Jul 2019881056.272.46$49,574
Jun 2019886052.782.49$46,763
May 2019521058.482.74$30,468
Apr 2019177062.632.75$11,086
Mar 20190656.803.06$18
Feb 2019166550.852.79$8,455
Jan 2019191146.033.23$8,795
Dec 2018184246.594.19$8,581
Nov 2018010352.934.24$436
Oct 20183683661.443.40$22,732
Sep 201819121959.543.11$12,053
Aug 2018038259.403.07$1,171
Jul 201815535465.142.93$11,135
Jun 201817841460.183.08$11,986
May 201818844665.382.90$13,585
Apr 201818534363.842.90$12,805
Mar 2018013461.222.79$373
Feb 201835621061.782.77$22,575
Jan 2018018162.874.01$726
Dec 201717122557.272.92$10,451
Nov 201718042255.423.12$11,292
Oct 201718952749.292.98$10,888
Sep 201718727847.523.09$9,745
Aug 20171901045.373.00$8,650
Jul 201717811143.873.09$8,152
Jun 2017191042.493.09$8,116
May 20173631345.373.26$16,512
Apr 2017179047.933.21$8,579
Mar 2017354046.772.98$16,557
Feb 20170050.452.95$0
Jan 2017184049.413.42$9,091
Dec 20160948.763.72$34
Nov 2016178642.492.64$7,579
Oct 2016016046.193.09$494
Sep 201617832441.553.10$8,401
Aug 201617636741.442.92$8,367
Jul 201617742041.622.92$8,595
Jun 201617730245.352.69$8,838
May 201618048342.521.99$8,615
Apr 201618342936.561.99$7,545
Mar 201617735533.011.79$6,480
Feb 201617938326.472.06$5,529
Jan 201618645027.352.36$6,151
Dec 201518246332.362.00$6,816
Nov 201517948938.792.17$8,003
Oct 201519611643.552.43$8,817
Sep 201518423542.992.76$8,558
Aug 201518931740.162.87$8,501
Jul 201518938248.152.95$10,225
Jun 201517926756.152.88$10,821
May 201518526755.212.96$11,003
Apr 2015028149.822.71$761
Mar 201519327042.892.93$9,070
Feb 201518926844.662.98$9,238
Jan 201519044343.433.10$9,625
Dec 201435243554.693.59$20,813
Nov 201418432070.464.25$14,325
Oct 201417934678.303.90$15,365
Sep 201417933186.164.05$16,762
Aug 201419134389.394.04$18,458
Jul 201419138896.564.18$20,065
Jun 201418732698.164.74$19,900
May 201418649194.734.73$19,941
Apr 201418345395.944.81$19,736
Mar 201420121295.895.06$20,346
Feb 201418024397.406.19$19,037
Jan 201435330890.404.86$33,408
Dec 201335859191.824.35$35,445
Nov 201337171588.853.74$35,636
Oct 201337762897.423.78$39,101
Sep 2013178867104.113.72$21,755
Aug 2013369712104.253.52$40,976
Jul 2013361589102.523.72$39,199
Jun 201336988394.403.93$38,307
May 201336297394.834.15$38,366
Apr 201336186293.964.28$37,611
Mar 201336996693.623.91$38,326
Feb 201346754791.233.42$44,475
Jan 201336677491.603.42$36,173
Dec 20123701,09286.773.42$35,840
Nov 20127221,14386.953.62$66,921
Oct 201235660389.383.40$33,869
Sep 201217358394.672.92$18,079
Aug 201218625192.662.91$17,965
Jul 201236830685.133.02$32,252
Jun 201218255479.822.52$15,923
May 201217960591.612.49$17,904
Apr 2012187626101.652.00$20,259
Mar 2012362626105.052.22$39,419
Feb 2012167514101.102.57$18,205
Jan 201219560598.092.73$20,782
Dec 201136259096.873.24$36,978
Nov 201118751695.723.31$19,608
Oct 201119142684.983.65$17,785
Sep 201136942283.623.99$32,538
Aug 201117554183.404.15$16,840
Jul 201118854094.144.52$20,138
Jun 201135662892.904.64$35,986
May 201117980698.134.40$21,116
Apr 2011363971105.964.33$42,671
Mar 20113691,04796.364.06$39,805
Feb 201136572185.644.18$34,272
Jan 201118084086.504.59$19,425
Dec 201036785885.734.35$35,193
Nov 201019682280.843.80$18,964
Oct 201036760278.103.51$30,775
Sep 201018066572.633.98$15,720
Aug 201035895373.684.42$30,589
Jul 201036192272.554.74$30,558
Jun 201036793970.364.91$30,433
May 201035091171.124.24$28,750
Apr 201035794881.694.12$33,072
Mar 201035990578.394.39$32,114
Feb 201054976973.585.44$44,581
Jan 201017995774.365.96$19,018
Dec 200936091871.445.48$30,752
Nov 200935896174.593.75$30,308
Oct 200935994572.544.11$29,926
Sep 200935792365.543.06$26,227
Aug 200935898767.423.22$27,313
Jul 20093571,02161.133.46$25,361
Jun 20095421,04466.163.90$39,925
May 20091821,01254.743.93$13,936
Apr 20095411,30746.773.59$29,991
Mar 20093611,22342.144.06$20,177
Feb 20093621,16032.814.63$17,252
Jan 20093591,20135.865.37$19,324
Dec 20083741,32037.105.98$21,765
Nov 20083841,32555.496.86$30,398
Oct 20083831,36575.246.92$38,265
Sep 20085611,276101.767.88$67,139
Aug 20083831,403114.228.48$55,648
Jul 20085741,359131.0811.39$90,718
Jun 20083741,381131.3313.03$67,115
May 20083801,439123.1711.57$63,460
Apr 20085791,495110.3110.45$79,500
Mar 20085791,649101.909.66$74,936
Feb 20085651,50492.538.77$65,470
Jan 20085791,65290.388.21$65,886
Dec 20073881,63788.337.30$46,225
Nov 20075731,54891.677.29$63,814
Oct 20077591,63582.856.92$74,201
Sep 20073781,21775.846.24$36,267
Aug 20077601,63269.066.39$62,911
Jul 20075721,64270.906.39$51,044
Jun 20075661,71962.007.55$48,068
May 20075631,45658.747.85$44,495
Apr 20077461,62759.617.81$57,168
Mar 20077631,69856.927.30$55,829
Feb 20073791,45455.108.22$32,829
Jan 20077541,61950.306.73$48,817
Dec 20065491,57856.656.92$42,018
Nov 20069081,79754.207.62$62,902
Oct 20063631,40454.906.01$28,372
Sep 20067272,15060.085.04$54,508
Aug 20069062,14668.717.34$78,003
Jul 20065531,26569.376.34$46,385
Jun 20067431,36966.286.38$57,986
May 20067321,45966.016.42$57,693
Apr 20067261,50164.397.36$57,795
Mar 20067451,51756.707.08$52,986
Feb 20067241,46657.597.75$53,058
Jan 20067501,51460.598.93$58,968
Dec 20057281,18554.9413.42$55,894
Nov 20057521,03854.6910.59$52,118
Oct 20059211,21758.3413.80$70,521
Sep 20055451,07961.4512.08$46,523
Aug 20051,0751,74761.519.80$83,238
Jul 200554643455.697.84$33,811
Jun 200572989552.337.38$44,755
May 200573072145.226.65$37,806
Apr 20051,08998649.207.36$60,836
Mar 200536526450.377.15$20,274
Feb 20059211,30845.226.31$49,904
Jan 20051,0911,18743.166.32$54,592
Dec 20041,0731,11139.866.75$50,270
Nov 20049111,13045.286.33$48,403
Oct 20041,1121,36249.706.52$64,140
Sep 20049211,01943.245.28$45,208
Aug 20041,2761,05742.375.55$59,931
Jul 20041,1051,19638.286.08$49,576
Jun 20041,25698036.106.43$51,646
May 20041,1201,00637.486.49$48,511
Apr 20041,28098834.475.86$49,910
Mar 20041,4831,10834.365.53$57,083
Feb 20041,48993032.455.51$53,442
Jan 20041,83890432.036.30$64,566
Dec 20031,64572930.266.30$54,372
Nov 20031,64246828.804.60$49,440
Oct 20032,37040228.174.76$68,676
Sep 20032,74741826.314.75$74,259
Aug 20033604629.765.13$10,950
Jul 20031,65158929.415.17$51,602
Jun 20031,81675728.565.98$56,394
May 20031,99396526.595.97$58,758
Apr 20031,81869226.675.41$52,228
Mar 20032,01791931.146.10$68,412
Feb 20031,63467633.487.93$60,064
Jan 20032,42191530.315.58$78,488
Dec 20022,20061926.914.85$62,206
Nov 20022,01253124.664.14$51,813
Oct 20022,20553626.464.23$60,611
Sep 20022,20369827.443.64$62,988
Aug 20021,9891,15125.963.16$55,276
Jul 20021,9952,09524.583.06$55,451
Jun 20021,6442,10823.733.34$46,049
May 20022,1912,19124.663.58$61,883
Apr 20022,36593523.653.51$59,216
Mar 20021,2891,83322.003.10$34,045
Feb 20022,3812,83918.222.38$50,126
Jan 20022,5423,29417.172.38$51,472
Dec 20012,5713,02016.932.36$50,668
Nov 20012,7533,10918.072.41$57,225
Oct 20013,3123,31619.782.53$73,897
Sep 20012,5572,51424.262.25$67,693
Aug 20011,8192,37224.873.05$52,481
Jul 20011,8211,74523.933.20$49,155
Jun 20012,3812,15624.563.82$66,722
May 20012,1192,15025.524.31$63,338
Apr 20012,0121,73724.685.34$58,924
Mar 20012,7292,29824.545.38$79,325
Feb 20012,1902,29827.755.77$74,025
Jan 20012,5331,26527.478.40$80,206
Dec 20002,4951,19926.889.12$78,003
Nov 20002,7051,03832.215.66$93,001
Oct 20003,05144631.235.15$97,578
Sep 20003,0631,05831.875.19$103,105
Aug 20003,6002,12329.644.54$116,344
Jul 20003,4452,32628.534.09$107,799
Jun 20003,40799429.304.40$104,196
May 20004,2831,21127.263.68$121,211
Apr 20004,32462324.513.12$107,923
Mar 20003,7762,66128.422.86$114,924
Feb 20004,2694,15327.622.73$129,233
Jan 20003,9343,97025.272.48$109,260
Dec 19995,6844,27124.282.42$148,359
Nov 19995,6683,63923.192.43$140,298
Oct 19998,3172,77720.982.80$182,277
Sep 199910,80320021.752.62$235,489
Aug 19994,0115419.262.88$77,407

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                    0 bbl  × $106.41 =         $0
Casinghead gas       248 Mcf  × $  3.05 =       $755

────────────────────────────────────────────────────
Month total                                     $755

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/23724 is the state's own key, not one this site invented.