KYLE

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 23745District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$6.3 M
Sep 1999 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
321
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
OilDisposition115,975 bbl$5,429,616
Casinghead gasProduction168,493 Mcf$899,260
Total$6,328,876

Every month this lease reported (321)

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

321 months

May 2026016106.413.05$49
Apr 202659598.932.87$767
Mar 2026010289.753.15$321
Feb 2026022463.503.75$840
Jan 202602759.138.00$216
Dec 2025169056.664.41$9,576
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025118462.743.08$629
Aug 202517523263.933.01$11,887
Jul 2025024066.743.32$796
Jun 202502466.483.13$75
May 202517511260.553.23$10,958
Apr 2025124062.363.54$913
Mar 202517023867.704.27$12,525
Feb 202516821270.884.34$12,828
Jan 20250074.324.28$0
Dec 2024129068.993.12$8,900
Nov 20242069.052.20$138
Oct 20241071.372.28$71
Sep 20240069.612.36$0
Aug 202417823875.632.06$13,953
Jul 202417024579.932.15$14,114
Jun 202406078.082.63$158
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20241080.301.55$80
Feb 202417720976.091.78$13,841
Jan 202417617973.023.30$13,442
Dec 2023024071.262.61$627
Nov 202317524077.892.81$14,305
Oct 202317516485.443.09$15,458
Sep 2023024089.042.74$656
Aug 202317624880.522.67$14,834
Jul 2023217874.852.64$620
Jun 202317722568.962.26$12,714
May 202318223070.622.23$13,365
Apr 2023223578.122.24$682
Mar 202317824872.852.39$13,561
Feb 2023122475.112.47$627
Jan 2023024876.533.39$840
Dec 202217524876.415.73$14,793
Nov 2022023885.005.65$1,344
Oct 2022124887.185.86$1,541
Sep 202218524084.888.16$17,662
Aug 2022024894.529.13$2,264
Jul 2022178248101.587.54$19,952
Jun 2022359240115.097.98$43,232
May 2022363248109.378.43$41,793
Apr 2022363240104.226.84$39,473
Mar 2022535248108.885.08$59,510
Feb 202272222491.054.86$66,826
Jan 202253424881.844.54$44,828
Dec 2021344071.323.90$24,534
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021356069.865.35$24,870
Aug 2021174066.024.22$11,487
Jul 2021169070.783.98$11,962
Jun 2021180069.493.38$12,508
May 2021317063.483.02$20,123
Apr 2021344060.362.76$20,764
Mar 2021361061.302.72$22,129
Feb 2021556057.805.55$32,137
Jan 20210050.412.81$0
Dec 20200044.642.68$0
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 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020545049.881.98$27,185
Jan 2020185157.252.09$10,593
Dec 20191752159.012.30$10,375
Nov 2019011855.302.75$325
Oct 201916810253.472.42$9,230
Sep 201913811555.052.66$7,902
Aug 20193393453.112.30$18,083
Jul 2019353056.272.46$19,863
Jun 2019350052.782.49$18,473
May 20190058.482.74$0
Apr 20191741162.632.75$10,928
Mar 201903656.803.06$110
Feb 201917514150.852.79$9,292
Jan 201903946.033.23$126
Dec 20181782646.594.19$8,402
Nov 2018013452.934.24$568
Oct 20181944561.443.40$12,072
Sep 20181913759.543.11$11,487
Aug 2018027959.403.07$856
Jul 201818441665.142.93$13,205
Jun 201836338960.183.08$23,042
May 201818714965.382.90$12,658
Apr 201809163.842.90$264
Mar 20183544761.222.79$21,803
Feb 201838015861.782.77$23,913
Jan 201892316562.874.01$58,691
Dec 20173693157.272.92$21,223
Nov 201701955.423.12$59
Oct 20171801049.292.98$8,902
Sep 20171891547.523.09$9,028
Aug 201701145.373.00$33
Jul 2017190243.873.09$8,341
Jun 20170042.493.09$0
May 2017192045.373.26$8,711
Apr 20170047.933.21$0
Mar 2017181046.772.98$8,465
Feb 20170050.452.95$0
Jan 2017179049.413.42$8,844
Dec 20160048.763.72$0
Nov 20161678642.492.64$7,323
Oct 2016019646.193.09$606
Sep 201617720141.553.10$7,978
Aug 2016018841.442.92$550
Jul 2016019041.622.92$556
Jun 201618417345.352.69$8,809
May 2016018642.521.99$370
Apr 2016018236.561.99$362
Mar 2016018533.011.79$332
Feb 2016016626.472.06$343
Jan 201618018227.352.36$5,353
Dec 2015017732.362.00$354
Nov 2015017538.792.17$379
Oct 2015018843.552.43$456
Sep 201518518742.992.76$8,469
Aug 2015019040.162.87$546
Jul 201518322448.152.95$9,471
Jun 2015025256.152.88$726
May 201518725655.212.96$11,081
Apr 2015024849.822.71$671
Mar 201517824142.892.93$8,342
Feb 201517721944.662.98$8,557
Jan 2015025143.433.10$778
Dec 201417926354.693.59$10,734
Nov 2014025670.464.25$1,088
Oct 201417626678.303.90$14,818
Sep 2014026286.164.05$1,060
Aug 201418228089.394.04$17,399
Jul 201418526796.564.18$18,980
Jun 2014026198.164.74$1,236
May 201417727494.734.73$18,062
Apr 2014022095.944.81$1,058
Mar 201418421495.895.06$18,726
Feb 2014018997.406.19$1,170
Jan 201417920390.404.86$17,168
Dec 2013020291.824.35$880
Nov 201317918388.853.74$16,588
Oct 201318017597.423.78$18,197
Sep 20130175104.113.72$651
Aug 2013181202104.253.52$19,581
Jul 20130193102.523.72$718
Jun 201317819694.403.93$17,574
May 201318821194.834.15$18,704
Apr 2013016893.964.28$719
Mar 201316811193.623.91$16,162
Feb 2013013291.233.42$451
Jan 201317916691.603.42$16,964
Dec 201218116986.773.42$16,283
Nov 201236518886.953.62$32,418
Oct 201217517989.383.40$16,250
Sep 20121829894.672.92$17,516
Aug 2012025792.662.91$747
Jul 201236033685.133.02$31,662
Jun 201203879.822.52$96
May 201203491.612.49$85
Apr 2012188255101.652.00$19,619
Mar 20120257105.052.22$571
Feb 2012185201101.102.57$19,220
Jan 201217922798.092.73$18,179
Dec 2011025796.873.24$833
Nov 201118131095.723.31$18,352
Oct 201118725484.983.65$16,818
Sep 201118032883.623.99$16,359
Aug 2011031583.404.15$1,307
Jul 201117935794.144.52$18,464
Jun 201118534392.904.64$18,778
May 201119335598.134.40$20,503
Apr 2011184351105.964.33$21,018
Mar 201118254396.364.06$19,741
Feb 201118753585.644.18$18,251
Jan 201137160386.504.59$34,859
Dec 201018064985.734.35$18,253
Nov 201019176480.843.80$18,340
Oct 20103661,03378.103.51$32,209
Sep 20103621,18072.633.98$30,988
Aug 201018195373.684.42$17,548
Jul 20101801,14172.554.74$18,463
Jun 20103631,18570.364.91$31,360
May 201036061171.124.24$28,191
Apr 201017968181.694.12$17,430
Mar 201035857078.394.39$30,565
Feb 201018249873.585.44$16,102
Jan 201035360874.365.96$29,875
Dec 200917857271.445.48$15,853
Nov 200918063274.593.75$15,797
Oct 200935877572.544.11$29,155
Sep 200917968865.543.06$13,840
Aug 200935972567.423.22$26,537
Jul 200935677861.133.46$24,458
Jun 200918494566.163.90$15,854
May 20093621,06554.743.93$23,997
Apr 20091901,14246.773.59$12,983
Mar 20095431,29742.144.06$28,147
Feb 20091801,16332.814.63$11,294
Jan 20093631,22435.865.37$19,591
Dec 20083611,44837.105.98$22,048
Nov 20083591,56655.496.86$30,664
Oct 20083861,55575.246.92$39,806
Sep 20083841,472101.767.88$50,671
Aug 20083881,724114.228.48$58,942
Jul 20083831,523131.0811.39$67,550
Jun 20083841,344131.3313.03$67,947
May 20083751,370123.1711.57$62,046
Apr 20083881,694110.3110.45$60,511
Mar 20085811,852101.909.66$77,102
Feb 20083541,73492.538.77$47,964
Jan 20085781,79590.388.21$66,969
Dec 20073752,06088.337.30$48,166
Nov 20071892,09691.677.29$32,609
Oct 20073872,43382.856.92$48,904
Sep 20075701,60075.846.24$53,219
Aug 20073741,67669.066.39$36,535
Jul 20073941,84670.906.39$39,727
Jun 20073881,81662.007.55$37,764
May 20075671,76958.747.85$47,186
Apr 20075681,92759.617.81$48,899
Mar 20071941,51856.927.30$22,127
Feb 200755456055.108.22$35,126
Jan 200740191750.306.73$26,339
Dec 200674167556.656.92$46,648
Nov 20063801,10354.207.62$28,998
Oct 200654262054.906.01$33,484
Sep 200673060060.085.04$46,881
Aug 200654762068.717.34$42,135
Jul 200655262069.376.34$42,225
Jun 200656560066.286.38$41,279
May 200654762066.016.42$40,091
Apr 200654416264.397.36$36,221
Mar 20063695856.707.08$21,333
Feb 200637931857.597.75$24,291
Jan 200654728860.598.93$35,716
Dec 200536032054.9413.42$24,071
Nov 200538435054.6910.59$24,707
Oct 200557255658.3413.80$41,041
Sep 200555349961.4512.08$40,009
Aug 200574465261.519.80$52,151
Jul 2005026755.697.84$2,094
Jun 20053337052.337.38$17,943
May 200536960645.226.65$20,717
Apr 200553681149.207.36$32,341
Mar 200554418050.377.15$28,689
Feb 200540569945.226.31$22,726
Jan 200541724943.166.32$19,572
Dec 200453668539.866.75$25,989
Nov 20045811,09845.286.33$33,258
Oct 20045851,13149.706.52$36,443
Sep 200476582943.245.28$37,459
Aug 200456459242.375.55$27,183
Jul 20047462,32338.286.08$42,690
Jun 20047391,57436.106.43$36,803
May 20049231,72237.486.49$45,778
Apr 20045341,89534.475.86$29,509
Mar 20049601,35134.365.53$40,457
Feb 20047241,09232.455.51$29,510
Jan 20047401,25132.036.30$31,583
Dec 200373694730.266.30$28,239
Nov 20035591,02228.804.60$20,795
Oct 20037281,21928.174.76$26,310
Sep 200355374526.314.75$18,088
Aug 20032351129.765.13$7,050
Jul 200354632229.415.17$17,723
Jun 200354154928.565.98$18,736
May 20039062,07626.595.97$36,490
Apr 200354471626.675.41$18,380
Mar 200355047131.146.10$19,998
Feb 20035561,10433.487.93$27,365
Jan 20031,1021,88030.315.58$43,896
Dec 20021,0921,75426.914.85$37,899
Nov 20021,2811,74024.664.14$38,788
Oct 20021,0971,83426.464.23$36,783
Sep 20021,0891,64627.443.64$35,866
Aug 200272384725.963.16$21,449
Jul 20027341,27824.583.06$21,955
Jun 20027201,04423.733.34$20,571
May 200291291324.663.58$25,762
Apr 20029161,18423.653.51$25,822
Mar 20027411,12122.003.10$19,780
Feb 200273788318.222.38$15,526
Jan 20021,09199417.172.38$21,094
Dec 200191298216.932.36$17,762
Nov 20011,09466418.072.41$21,366
Oct 2001014919.782.53$377
Sep 200136621924.262.25$9,372
Aug 200172221424.873.05$18,610
Jul 200190859623.933.20$23,634
Jun 20011,09443724.563.82$28,540
May 20011,26222425.524.31$33,171
Apr 20011,09064424.685.34$30,337
Mar 20011,46790024.545.38$40,839
Feb 200191881427.755.77$30,169
Jan 20011,27434427.478.40$37,886
Dec 20001,11727226.889.12$32,506
Nov 20001,08629332.215.66$36,638
Oct 20001,27755531.235.15$42,736
Sep 20001,62931431.875.19$53,545
Aug 20008935929.644.54$26,736
Jul 20001,792028.534.09$51,126
Jun 20001,06833229.304.40$32,752
May 200088375727.263.68$26,856
Apr 200090668724.513.12$24,347
Mar 20001,4101,91528.422.86$45,549
Feb 20001,9292,08527.622.73$58,964
Jan 20002,3102,40725.272.48$64,344
Dec 19992,4913,15724.282.42$68,133
Nov 19992,1523,40523.192.43$58,193
Oct 19993,7103,73120.982.80$88,296
Sep 19999051,21821.752.62$22,874

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        16 Mcf  × $  3.05 =        $49

────────────────────────────────────────────────────
Month total                                      $49

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/23745 is the state's own key, not one this site invented.