BI - COUNTY

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 23742District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$14.6 M
Oct 1999 – May 2026
Value, last 12 filed months
$109 k
at the published price for each month
Months reported
320
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
OilDisposition282,974 bbl$13,254,653
Casinghead gasProduction285,489 Mcf$1,306,096
Total$14,560,749

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.7274, -96.6423. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.72744, -96.64234 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,319 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,319 ft.

Completions filed
Oct 1999
1 of 1 wells

1 well

42-0513357546,319 ftOct 1999

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (320)

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

320 months

May 20260248106.413.05$755
Apr 202617924098.932.87$18,397
Mar 202617824889.753.15$16,757
Feb 2026022463.503.75$840
Jan 202617024859.138.00$12,036
Dec 202517224856.664.41$10,840
Nov 2025024058.593.93$942
Oct 202517424859.383.30$11,152
Sep 202517824062.743.08$11,906
Aug 202517824863.933.01$12,127
Jul 2025024866.743.32$822
Jun 202518024066.483.13$12,717
May 202516724860.553.23$10,913
Apr 202517224062.363.54$11,576
Mar 2025024867.704.27$1,059
Feb 202517319270.884.34$13,096
Jan 202517424874.324.28$13,993
Dec 202417924868.993.12$13,123
Nov 202418220869.052.20$13,024
Oct 202408871.372.28$201
Sep 202416922469.612.36$12,294
Aug 202416824875.632.06$13,218
Jul 202417824879.932.15$14,760
Jun 202417524078.082.63$14,296
May 2024024878.812.20$545
Apr 202417924084.451.66$15,515
Mar 202417524880.301.55$14,436
Feb 202416716076.091.78$12,992
Jan 202417620073.023.30$13,511
Dec 202317724871.262.61$13,260
Nov 2023183077.892.81$14,254
Oct 2023173085.443.09$14,781
Sep 2023177089.042.74$15,760
Aug 2023176080.522.67$14,172
Jul 2023177074.852.64$13,248
Jun 2023177068.962.26$12,206
May 2023161070.622.23$11,370
Apr 2023178078.122.24$13,905
Mar 2023344072.852.39$25,060
Feb 2023181075.112.47$13,595
Jan 2023174076.533.39$13,316
Dec 2022179076.415.73$13,677
Nov 2022353085.005.65$30,005
Oct 2022185087.185.86$16,128
Sep 2022188084.888.16$15,957
Aug 2022352094.529.13$33,271
Jul 20221760101.587.54$17,878
Jun 20221780115.097.98$20,486
May 20223610109.378.43$39,483
Apr 20221780104.226.84$18,551
Mar 20223650108.885.08$39,741
Feb 2022173091.054.86$15,752
Jan 2022362081.844.54$29,626
Dec 2021185071.323.90$13,194
Nov 2021363077.435.24$28,107
Oct 2021359079.795.71$28,645
Sep 2021179069.865.35$12,505
Aug 2021350066.024.22$23,107
Jul 2021351070.783.98$24,844
Jun 2021172069.493.38$11,952
May 2021358063.483.02$22,726
Apr 2021179060.362.76$10,804
Mar 2021358061.302.72$21,945
Feb 2021366057.805.55$21,155
Jan 2021364050.412.81$18,349
Dec 2020720044.642.68$32,141
Nov 2020189038.772.71$7,328
Oct 2020724036.972.48$26,766
Sep 2020350037.091.99$12,982
Aug 2020702039.982.39$28,066
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202053821814.751.80$8,329
Mar 202053413630.341.86$16,454
Feb 20200249.881.98$4
Jan 202055017857.252.09$31,860
Dec 201935449059.012.30$22,019
Nov 201937224955.302.75$21,257
Oct 201969639453.472.42$38,168
Sep 201935416755.052.66$19,931
Aug 201953121853.112.30$28,704
Jul 201934112656.272.46$19,498
Jun 20197089952.782.49$37,615
May 20198891558.482.74$52,030
Apr 20191761762.632.75$11,070
Mar 20198975656.803.06$51,121
Feb 201902350.852.79$64
Jan 201919223946.033.23$9,609
Dec 201839065346.594.19$20,903
Nov 201835569452.934.24$21,731
Oct 201819759761.443.40$14,132
Sep 201851865959.543.11$32,890
Aug 201817578859.403.07$12,811
Jul 201819278865.142.93$14,817
Jun 201835878060.183.08$23,944
May 201818881965.382.90$14,667
Apr 201837167863.842.90$25,651
Mar 201838281761.222.79$25,663
Feb 201817473461.782.77$12,780
Jan 201836885862.874.01$26,576
Dec 201737872057.272.92$23,752
Nov 201718384555.423.12$12,777
Oct 201738586449.292.98$21,555
Sep 201737286147.523.09$20,336
Aug 201738090845.373.00$19,969
Jul 201718291843.873.09$10,818
Jun 201737589642.493.09$18,700
May 201738492645.373.26$20,444
Apr 201719286447.933.21$11,977
Mar 201735378846.772.98$18,861
Feb 201736976850.452.95$20,884
Jan 201736583249.413.42$20,879
Dec 201635970248.763.72$20,118
Nov 201635773342.492.64$17,107
Oct 201617997746.193.09$11,287
Sep 201653190541.553.10$24,869
Aug 201617396141.442.92$9,979
Jul 201652695141.622.92$24,673
Jun 201635171045.352.69$17,825
May 201635698242.521.99$17,092
Apr 201635596536.561.99$14,900
Mar 201636298433.011.79$13,715
Feb 201617992426.472.06$6,645
Jan 201655098227.352.36$17,364
Dec 20153631,00332.362.00$13,754
Nov 201536795238.792.17$16,299
Oct 201536594243.552.43$18,182
Sep 20153711,00842.992.76$18,730
Aug 20153701,02740.162.87$17,809
Jul 20153661,06948.152.95$20,771
Jun 20153801,02056.152.88$24,278
May 20155441,05455.212.96$33,149
Apr 20153561,01149.822.71$20,472
Mar 20153641,04042.892.93$18,664
Feb 201535692344.662.98$18,646
Jan 20155411,04543.433.10$26,736
Dec 20143541,11454.693.59$23,361
Nov 20143571,12470.464.25$29,933
Oct 20145361,07278.303.90$46,151
Sep 20143711,09186.164.05$36,379
Aug 201435885689.394.04$35,456
Jul 20143511,01296.564.18$38,122
Jun 20145491,19198.164.74$59,531
May 20143691,21094.734.73$40,675
Apr 20143671,07195.944.81$40,361
Mar 201455594295.895.06$57,982
Feb 20143571,05697.406.19$41,311
Jan 20145301,12890.404.86$53,395
Dec 20133691,14991.824.35$38,885
Nov 20135501,09288.853.74$52,950
Oct 20134881,18197.423.78$52,004
Sep 20135351,167104.113.72$60,037
Aug 20133491,111104.253.52$40,297
Jul 20135371,172102.523.72$59,410
Jun 20135321,26394.403.93$55,189
May 20135351,27994.834.15$56,041
Apr 20135341,21493.964.28$55,374
Mar 20135301,28093.623.91$54,627
Feb 20133531,10491.233.42$35,980
Jan 20137141,21191.603.42$69,544
Dec 20125431,25986.773.42$51,422
Nov 20123781,21386.953.62$37,264
Oct 20127161,27889.383.40$68,341
Sep 201254987594.672.92$54,527
Aug 20125461,35092.662.91$54,518
Jul 201273553685.133.02$64,190
Jun 201235797779.822.52$30,957
May 20127091,34691.612.49$68,301
Apr 20125381,435101.652.00$57,553
Mar 20127181,437105.052.22$78,619
Feb 20125571,241101.102.57$59,502
Jan 20127381,29698.092.73$75,934
Dec 20117171,20096.873.24$73,343
Nov 20115371,31495.723.31$55,753
Oct 20117041,36184.983.65$64,792
Sep 20117121,42183.623.99$65,201
Aug 20117251,50183.404.15$66,693
Jul 20117181,09394.144.52$72,530
Jun 20117171,33092.904.64$72,780
May 20119141,39598.134.40$95,836
Apr 20117371,052105.964.33$82,651
Mar 201172782196.364.06$73,385
Feb 201189698985.644.18$80,867
Jan 20119151,42386.504.59$85,677
Dec 20109151,36385.734.35$84,369
Nov 20109361,13180.843.80$79,959
Oct 20101,0851,49378.103.51$89,977
Sep 20101,0951,53172.633.98$85,622
Aug 20101,2491,73873.684.42$99,707
Jul 20101,4482,03072.554.74$114,667
Jun 20101,08168870.364.91$79,438
May 201017835671.124.24$14,167
Apr 201054098381.694.12$48,165
Mar 201053399978.394.39$46,166
Feb 201053388373.585.44$44,024
Jan 201053398074.365.96$45,479
Dec 200971093971.445.48$55,872
Nov 20097131,01874.593.75$57,002
Oct 200953298672.544.11$42,644
Sep 20097141,10465.543.06$50,179
Aug 20095451,17167.423.22$40,513
Jul 20095411,02561.133.46$36,622
Jun 200972676366.163.90$51,004
May 20095671,21154.743.93$35,792
Apr 20097321,15946.773.59$38,394
Mar 20097271,18742.144.06$35,454
Feb 20095351,11232.814.63$22,705
Jan 20097331,21535.865.37$32,811
Dec 20087331,22537.105.98$34,516
Nov 20087201,14555.496.86$47,808
Oct 20087661,25375.246.92$66,307
Sep 20087501,030101.767.88$84,433
Aug 20087441,273114.228.48$95,779
Jul 20087601,276131.0811.39$114,154
Jun 20087601,227131.3313.03$115,802
May 20089611,267123.1711.57$133,031
Apr 20087641,274110.3110.45$97,596
Mar 20087721,292101.909.66$91,153
Feb 20087801,12992.538.77$82,075
Jan 20087481,00090.388.21$75,810
Dec 20079691,13388.337.30$93,865
Nov 20079471,11191.677.29$94,913
Oct 20077631,19382.856.92$71,472
Sep 20079631,19675.846.24$80,502
Aug 20079561,32069.066.39$74,453
Jul 20079341,29170.906.39$74,467
Jun 20071,1351,29262.007.55$80,123
May 20079191,31358.747.85$64,284
Apr 20071,1161,11159.617.81$75,196
Mar 20071,1441,38856.927.30$75,252
Feb 20079441,26055.108.22$62,367
Jan 20071,1511,51650.306.73$68,093
Dec 20061,3011,25356.656.92$82,370
Nov 20061,1201,19354.207.62$69,792
Oct 20061,2991,26554.906.01$78,923
Sep 20061,2751,26560.085.04$82,974
Aug 20061,4591,33068.717.34$110,010
Jul 20061,2971,29869.376.34$98,206
Jun 20061,4731,32866.286.38$106,108
May 20061,8321,39166.016.42$129,867
Apr 20061,6531,37464.397.36$116,550
Mar 20061,8121,21256.707.08$111,325
Feb 20062,0211,28757.597.75$126,365
Jan 20062,8011,87860.598.93$186,489
Dec 20051,65870954.9413.42$100,602
Nov 2005146054.6910.59$7,985
Oct 200519132158.3413.80$15,571
Sep 200573983861.4512.08$55,534
Aug 200583693961.519.80$60,622
Jul 200572887055.697.84$47,366
Jun 200554891352.337.38$35,416
May 200591588545.226.65$47,263
Apr 200570871749.207.36$40,111
Mar 200573581250.377.15$42,832
Feb 200591279745.226.31$46,271
Jan 200583582743.166.32$41,267
Dec 200492983339.866.75$42,654
Nov 200471983545.286.33$37,842
Oct 200487093949.706.52$49,357
Sep 200491791943.245.28$44,507
Aug 200488975642.375.55$41,863
Jul 200490885938.286.08$39,985
Jun 200490384636.106.43$38,041
May 200490685537.486.49$39,510
Apr 20041,13589834.475.86$44,384
Mar 200493294834.365.53$37,266
Feb 20041,09286932.455.51$40,223
Jan 200491594632.036.30$35,267
Dec 20031,10297430.266.30$39,484
Nov 20031,08798528.804.60$35,832
Oct 20031,09199728.174.76$35,479
Sep 20031,0941,10026.314.75$34,007
Aug 20031,2961,24329.765.13$44,945
Jul 20031,2791,19929.415.17$43,815
Jun 20031,2851,17428.565.98$43,724
May 20031,2731,19026.595.97$40,957
Apr 20031,2921,13926.675.41$40,617
Mar 20031,4541,19131.146.10$52,538
Feb 20031,2631,07433.487.93$50,798
Jan 20031,4661,21230.315.58$51,200
Dec 20021,4631,31126.914.85$45,733
Nov 20021,5861,34124.664.14$44,658
Oct 20021,7891,44926.464.23$53,465
Sep 20021,6461,44027.443.64$50,401
Aug 20021,8351,61825.963.16$52,756
Jul 20021,9751,65824.583.06$53,622
Jun 20021,8491,69523.733.34$49,535
May 20022,0091,75124.663.58$55,818
Apr 20022,5512,19923.653.51$68,055
Mar 20022,5552,17122.003.10$62,946
Feb 20022,2031,43518.222.38$43,548
Jan 20022,5541,80817.172.38$48,147
Dec 20012,7491,67016.932.36$50,489
Nov 20012,3761,29718.072.41$46,054
Oct 20012,5651,44319.782.53$54,385
Sep 20012,7321,90524.262.25$70,567
Aug 20012,7341,83524.873.05$73,597
Jul 20012,6451,69123.933.20$68,701
Jun 20012,9221,57624.563.82$77,791
May 20013,3001,53825.524.31$90,841
Apr 20013,0971,48424.685.34$84,352
Mar 20013,4741,43324.545.38$92,956
Feb 20013,1071,34927.755.77$93,999
Jan 20013,2671,60127.478.40$103,191
Dec 20001,9891,43226.889.12$66,528
Nov 20001,9931,28632.215.66$71,471
Oct 20001,2601,59331.235.15$47,547
Sep 20002,8742,19431.875.19$102,974
Aug 20002,6971,84429.644.54$88,312
Jul 20002,5021,32328.534.09$76,793
Jun 20002,49160329.304.40$75,638
May 20002,7011,04027.263.68$77,456
Apr 20003,9101,74024.513.12$101,256
Mar 20004,6882,50228.422.86$140,388
Feb 20004,8423,68727.622.73$143,789
Jan 20005,4693,98025.272.48$148,074
Dec 19998,7764,64424.282.42$224,337
Nov 199914,2325,93123.192.43$344,476
Oct 19993,714020.982.80$77,920

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/23742 is the state's own key, not one this site invented.