BUSH-STETZ

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 23838District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$4.6 M
Mar 2000 – Mar 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
313
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
OilDisposition96,645 bbl$3,301,834
Casinghead gasProduction296,448 Mcf$1,340,493
Total$4,642,328

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 30.5999, -96.4376. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.59991, -96.43759 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,164 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
1100.0%
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.
00.0%

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 9,164 ft.

Completions filed
Mar 2000
1 of 1 wells

1 well

42-041316011RE9,164 ftMar 2000Yes

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 (313)

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

313 months

Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025467166.743.32$3,305
Jun 202505866.483.13$181
May 202504560.553.23$145
Apr 202504262.363.54$149
Mar 202505367.704.27$226
Feb 202504470.884.34$191
Jan 202504474.324.28$188
Dec 202404768.993.12$147
Nov 202405069.052.20$110
Oct 2024575571.372.28$4,194
Sep 202405369.612.36$125
Aug 202405475.632.06$111
Jul 202405679.932.15$120
Jun 202405778.082.63$150
May 202404778.812.20$103
Apr 202404784.451.66$78
Mar 202404480.301.55$68
Feb 202405476.091.78$96
Jan 202407473.023.30$244
Dec 202309771.262.61$253
Nov 202309577.892.81$267
Oct 2023010285.443.09$315
Sep 2023010489.042.74$284
Aug 202309080.522.67$241
Jul 2023012874.852.64$338
Jun 202318622068.962.26$13,323
May 2023012170.622.23$270
Apr 2023012078.122.24$269
Mar 2023013372.852.39$318
Feb 2023012975.112.47$318
Jan 2023018976.533.39$640
Dec 2022019876.415.73$1,134
Nov 2022020585.005.65$1,157
Oct 202218022787.185.86$17,023
Sep 2022022384.888.16$1,821
Aug 2022021094.529.13$1,917
Jul 20220216101.587.54$1,629
Jun 2022175192115.097.98$21,672
May 20220211109.378.43$1,779
Apr 20220210104.226.84$1,436
Mar 2022175195108.885.08$20,044
Feb 2022020591.054.86$996
Jan 202218923481.844.54$16,530
Dec 2021023571.323.90$916
Nov 2021025577.435.24$1,335
Oct 202119223079.795.71$16,634
Sep 2021022869.865.35$1,220
Aug 2021019966.024.22$840
Jul 2021020570.783.98$816
Jun 202119114669.493.38$13,766
May 2021018263.483.02$549
Apr 2021020060.362.76$552
Mar 202118022561.302.72$11,645
Feb 2021020957.805.55$1,160
Jan 2021021550.412.81$604
Dec 2020022544.642.68$602
Nov 202018022538.772.71$7,588
Oct 2020023936.972.48$592
Sep 2020023537.091.99$468
Aug 2020023239.982.39$553
Jul 202018623038.371.83$7,557
Jun 2020023434.901.69$396
May 2020023416.921.81$425
Apr 202018224014.751.80$3,118
Mar 202018538330.341.86$6,324
Feb 2020013649.881.98$269
Jan 202001857.252.09$38
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019182053.112.30$9,666
Jul 20190056.272.46$0
Jun 201907152.782.49$177
May 201917823558.482.74$11,053
Apr 2019024862.632.75$682
Mar 201917624156.803.06$10,735
Feb 2019024850.852.79$692
Jan 2019034746.033.23$1,120
Dec 20181809746.594.19$8,792
Nov 2018029152.934.24$1,233
Oct 201817728161.443.40$11,830
Sep 2018028059.543.11$870
Aug 2018029959.403.07$917
Jul 201817831565.142.93$12,518
Jun 201817728560.183.08$11,529
May 2018030565.382.90$885
Apr 2018031363.842.90$908
Mar 201818327761.222.79$11,975
Feb 2018027761.782.77$766
Jan 201818334762.874.01$12,896
Dec 2017031557.272.92$920
Nov 2017027155.423.12$845
Oct 201718532649.292.98$10,091
Sep 2017033547.523.09$1,034
Aug 201717535245.373.00$8,997
Jul 2017036343.873.09$1,121
Jun 201717933942.493.09$8,652
May 2017035345.373.26$1,152
Apr 2017192047.933.21$9,203
Mar 201719235146.772.98$10,027
Feb 2017033650.452.95$992
Jan 201718442749.413.42$10,551
Dec 201619325948.763.72$10,375
Nov 2016031742.492.64$838
Oct 201618835946.193.09$9,793
Sep 201618135141.553.10$8,609
Aug 2016037141.442.92$1,085
Jul 201617338641.622.92$8,329
Jun 201618335445.352.69$9,250
May 201618338942.521.99$8,556
Apr 201618337136.561.99$7,429
Mar 2016039933.011.79$716
Feb 201619336826.472.06$5,868
Jan 201619440527.352.36$6,263
Dec 201518842232.362.00$6,928
Nov 201537539638.792.17$15,405
Oct 201517843543.552.43$8,807
Sep 201518945642.992.76$9,383
Aug 201537247340.162.87$16,298
Jul 201519449648.152.95$10,802
Jun 201537351756.152.88$22,434
May 201537151755.212.96$22,011
Apr 201536392549.822.71$20,588
Mar 201556432242.892.93$25,135
Feb 201538148244.662.98$18,450
Jan 201518837643.433.10$9,331
Dec 201417330554.693.59$10,557
Nov 201419532470.464.25$15,117
Oct 201419335278.303.90$16,485
Sep 201418936786.164.05$17,769
Aug 2014015889.394.04$638
Jul 201418319696.564.18$18,490
Jun 201419322198.164.74$19,992
May 2014018694.734.73$879
Apr 2014023795.944.81$1,140
Mar 2014023395.895.06$1,178
Feb 201419313797.406.19$19,647
Jan 2014011990.404.86$578
Dec 2013021891.824.35$949
Nov 2013025388.853.74$946
Oct 2013026497.423.78$998
Sep 2013186256104.113.72$20,316
Aug 20130277104.253.52$976
Jul 20130287102.523.72$1,067
Jun 2013028994.403.93$1,137
May 2013030594.834.15$1,265
Apr 2013028793.964.28$1,229
Mar 201317829293.623.91$17,807
Feb 2013031491.233.42$1,074
Jan 2013028591.603.42$975
Dec 2012031486.773.42$1,074
Nov 201217932486.953.62$16,739
Oct 2012036289.383.40$1,231
Sep 2012031994.672.92$931
Aug 2012033092.662.91$960
Jul 201218023085.133.02$16,018
Jun 2012032779.822.52$824
May 2012036591.612.49$908
Apr 20120349101.652.00$697
Mar 20120369105.052.22$820
Feb 2012193371101.102.57$20,466
Jan 2012039098.092.73$1,066
Dec 2011036696.873.24$1,186
Nov 2011030795.723.31$1,017
Oct 201119121784.983.65$17,023
Sep 2011032283.623.99$1,283
Aug 2011035883.404.15$1,485
Jul 2011078794.144.52$3,555
Jun 201118537392.904.64$18,917
May 2011042998.134.40$1,890
Apr 20110397105.964.33$1,720
Mar 201119140496.364.06$20,044
Feb 2011027285.644.18$1,137
Jan 2011040586.504.59$1,858
Dec 201018542185.734.35$17,690
Nov 2010040880.843.80$1,548
Oct 2010048978.103.51$1,716
Sep 2010046672.633.98$1,854
Aug 201019140473.684.42$15,858
Jul 2010030272.554.74$1,430
Jun 2010047470.364.91$2,328
May 2010044871.124.24$1,897
Apr 201019346081.694.12$17,663
Mar 2010047078.394.39$2,063
Feb 2010042273.585.44$2,297
Jan 201019645674.365.96$17,294
Dec 2009049571.445.48$2,714
Nov 2009048874.593.75$1,831
Oct 200919055772.544.11$16,072
Sep 2009054365.543.06$1,664
Aug 2009056567.423.22$1,818
Jul 200919157561.133.46$13,668
Jun 2009057966.163.90$2,255
May 2009062254.743.93$2,442
Apr 200919856646.773.59$11,291
Mar 2009075342.144.06$3,056
Feb 200916573932.814.63$8,837
Jan 200916479735.865.37$10,162
Dec 200817924237.105.98$8,087
Nov 2008085555.496.86$5,866
Oct 200817197375.246.92$19,601
Sep 2008170586101.767.88$21,915
Aug 2008176889114.228.48$27,644
Jul 20080927131.0811.39$10,558
Jun 20081731,136131.3313.03$37,525
May 2008174813123.1711.57$30,841
Apr 20081811,000110.3110.45$30,421
Mar 20083681,179101.909.66$48,893
Feb 200818043092.538.77$20,427
Jan 200806990.388.21$566
Dec 2007018688.337.30$1,358
Nov 2007039691.677.29$2,888
Oct 200718252882.856.92$18,734
Sep 2007033175.846.24$2,067
Aug 2007053369.066.39$3,405
Jul 200718264770.906.39$17,037
Jun 2007038062.007.55$2,868
May 200717544558.747.85$13,771
Apr 2007158359.617.81$4,610
Mar 2007045256.927.30$3,300
Feb 200717639155.108.22$12,910
Jan 200718353850.306.73$12,824
Dec 2006071056.656.92$4,912
Nov 2006054854.207.62$4,174
Oct 2006046654.906.01$2,802
Sep 200618047760.085.04$13,217
Aug 20065952768.717.34$7,922
Jul 2006049569.376.34$3,140
Jun 200616348666.286.38$13,906
May 2006054766.016.42$3,514
Apr 2006054164.397.36$3,982
Mar 200618459556.707.08$14,647
Feb 2006052557.597.75$4,069
Jan 2006084560.598.93$7,549
Dec 200517678054.9413.42$20,133
Nov 20053681,06654.6910.59$31,413
Oct 200501,07958.3413.80$14,886
Sep 200517455961.4512.08$17,444
Aug 2005066361.519.80$6,495
Jul 200516163355.697.84$13,931
Jun 2005067052.337.38$4,945
May 200518157845.226.65$12,029
Apr 2005055849.207.36$4,107
Mar 200517260150.377.15$12,964
Feb 2005053645.226.31$3,383
Jan 2005063643.166.32$4,021
Dec 200417262739.866.75$11,089
Nov 2004067145.286.33$4,248
Oct 200417895749.706.52$15,082
Sep 200418397143.245.28$13,044
Aug 20041791,78242.375.55$17,476
Jul 200417867938.286.08$10,945
Jun 2004060436.106.43$3,886
May 2004055337.486.49$3,592
Apr 200417883834.475.86$11,045
Mar 20041771,00134.365.53$11,617
Feb 2004089932.455.51$4,953
Jan 200418558532.036.30$9,611
Dec 20031821,24230.266.30$13,334
Nov 200318097628.804.60$9,669
Oct 20031871,75828.174.76$13,635
Sep 20031781,05926.314.75$9,713
Aug 200301,21629.765.13$6,238
Jul 20031801,14329.415.17$11,204
Jun 200301,09928.565.98$6,575
May 20031851,51426.595.97$13,962
Apr 20031781,43426.675.41$12,501
Mar 20031891,56931.146.10$15,450
Feb 20033571,33033.487.93$22,494
Jan 200301,79330.315.58$10,009
Dec 20021711,66726.914.85$12,693
Nov 20023531,88924.664.14$16,520
Oct 20021621,97226.464.23$12,626
Sep 20021822,00727.443.64$12,290
Aug 20021662,07025.963.16$10,859
Jul 20023472,32324.583.06$15,642
Jun 20023452,55923.733.34$16,729
May 20021642,61824.663.58$13,427
Apr 20023482,83023.653.51$18,170
Mar 20023802,71922.003.10$16,796
Feb 20025321,38318.222.38$12,979
Jan 20028933,86517.172.38$24,515
Dec 20019364,43816.932.36$26,340
Nov 20017131,71118.072.41$17,000
Oct 200116022319.782.53$3,729
Sep 20015513,90224.262.25$22,152
Aug 20015434,17524.873.05$26,251
Jul 20016974,73123.933.20$31,805
Jun 20017165,05024.563.82$36,897
May 20018965,71225.524.31$47,469
Apr 20018526,85424.685.34$57,596
Mar 20011,6089,44724.545.38$90,252
Feb 20012,2206,98927.755.77$101,911
Jan 20014,7503,42327.478.40$159,231
Dec 20002,6995,40226.889.12$121,829
Nov 20001,0391,18232.215.66$40,154
Oct 20008821,16731.235.15$33,550
Sep 20007002,30331.875.19$34,254
Aug 20001,7045,50229.644.54$75,490
Jul 20003,1358,16628.534.09$122,838
Jun 20004,08710,93029.304.40$167,811
May 20007,56118,09727.263.68$272,705
Apr 200016,16024,54124.513.12$472,551
Mar 200017,35122,44328.422.86$557,297

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.

Jul 2025 — as filed, then multipliedworked
Oil                   46 bbl  × $ 66.74 =     $3,070
Casinghead gas        71 Mcf  × $  3.32 =       $235

────────────────────────────────────────────────────
Month total                                   $3,305

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/23838 is the state's own key, not one this site invented.