JAN

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 23856District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$10.3 M
Jun 2000 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
312
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
OilDisposition43,898 bbl$2,147,909
Casinghead gasProduction1,562,468 Mcf$8,116,240
Total$10,264,149

Wells on this lease (2)

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 30.3010, -96.7473. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

30.30098, -96.74733 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
8,653 ft
2 wells filed one
Completion to plug
12.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 8,558 and 8,747 ft, median 8,653 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2001 – Jul 2004
2 of 2 wells
Plug dates filed
Sep 2016
1 of 2 wells; 1 filed none

Last completion to plug: a median of 12.2 years across the 1 well that filed both dates, with the middle half between 12.2 years and 12.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-287304102RE8,558 ftJul 2004Sep 2016Yes
42-287304611RE8,747 ftAug 2001

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 (312)

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

312 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260159.138.00$8
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250459.383.30$13
Sep 202502162.743.08$65
Aug 202509563.933.01$286
Jul 2025015666.743.32$517
Jun 2025028266.483.13$882
May 2025374960.553.23$2,603
Apr 20259481062.363.54$8,732
Mar 2025086067.704.27$3,671
Feb 20258677670.884.34$9,464
Jan 2025015774.324.28$672
Dec 20247120568.993.12$5,538
Nov 2024471,04069.052.20$5,532
Oct 2024461071.372.28$1,677
Sep 20245368869.612.36$5,316
Aug 2024270875.632.06$1,612
Jul 2024135079.932.15$831
Jun 20247550378.082.63$7,181
May 2024185478.812.20$1,956
Apr 202411218984.451.66$9,772
Mar 202411,09480.301.55$1,771
Feb 202419785976.091.78$16,522
Jan 2024184473.023.30$2,856
Dec 20231301,10771.262.61$12,154
Nov 20231201,12877.892.81$12,514
Oct 202301,20085.443.09$3,705
Sep 202311,34689.042.74$3,770
Aug 2023982,24380.522.67$13,886
Jul 202303,02474.852.64$7,989
Jun 202313,21968.962.26$7,339
May 202303,08370.622.23$6,867
Apr 20231272,95178.122.24$16,525
Mar 202312,93772.852.39$7,102
Feb 202302,82375.112.47$6,961
Jan 20231843,19476.533.39$24,902
Dec 202203,04876.415.73$17,462
Nov 202213,13385.005.65$17,775
Oct 202203,29787.185.86$19,333
Sep 202203,65484.888.16$29,830
Aug 20221264,53494.529.13$53,292
Jul 202204,601101.587.54$34,701
Jun 202204,785115.097.98$38,171
May 20221485,553109.378.43$63,015
Apr 202215,806104.226.84$39,803
Mar 202216,254108.885.08$31,857
Feb 20221955,66291.054.86$45,266
Jan 202216,13181.844.54$27,902
Dec 202106,14771.323.90$23,968
Nov 20211955,81477.435.24$45,546
Oct 202105,10079.795.71$29,141
Sep 202115,02069.865.35$26,931
Aug 202114,91066.024.22$20,789
Jul 202114,44870.783.98$17,783
Jun 20211873,76169.493.38$25,709
May 202103,89063.483.02$11,739
Apr 202112,97360.362.76$8,261
Mar 202103,60461.302.72$9,792
Feb 20211942,39657.805.55$24,506
Jan 202113,08950.412.81$8,731
Dec 202003,01544.642.68$8,067
Nov 20201902,86938.772.71$15,131
Oct 202003,06936.972.48$7,606
Sep 202003,00337.091.99$5,979
Aug 202002,87339.982.39$6,852
Jul 202012,71338.371.83$4,990
Jun 202002,47034.901.69$4,175
May 202012,48516.921.81$4,527
Apr 20201262,39514.751.80$6,180
Mar 202002,49330.341.86$4,628
Feb 2020842,44749.881.98$9,037
Jan 202002,59557.252.09$5,436
Dec 2019922,55659.012.30$11,319
Nov 2019692,49955.302.75$10,690
Oct 201902,37453.472.42$5,742
Sep 201902,01155.052.66$5,344
Aug 201902,27253.112.30$5,236
Jul 2019882,96356.272.46$12,241
Jun 201903,41052.782.49$8,495
May 201911,94658.482.74$5,391
Apr 2019702,30662.632.75$10,727
Mar 201903,04356.803.06$9,318
Feb 20191232,37050.852.79$12,872
Jan 201902,53946.033.23$8,196
Dec 201802,66046.594.19$11,133
Nov 2018982,76552.934.24$16,903
Oct 201802,87061.443.40$9,752
Sep 201802,71959.543.11$8,451
Aug 201802,77859.403.07$8,519
Jul 20181002,90165.142.93$15,019
Jun 201802,97060.183.08$9,138
May 20181113,53065.382.90$17,497
Apr 201804,10363.842.90$11,902
Mar 2018089161.222.79$2,483
Feb 20181323,39961.782.77$17,557
Jan 201803,80562.874.01$15,255
Dec 20171083,62957.272.92$16,787
Nov 201703,80655.423.12$11,868
Oct 2017384,54449.292.98$15,431
Sep 201714,08147.523.09$12,647
Aug 2017953,01245.373.00$13,359
Jul 201713,79143.873.09$11,748
Jun 2017933,57842.493.09$14,998
May 201713,67345.373.26$12,032
Apr 201713,48047.933.21$11,224
Mar 20171003,61846.772.98$15,472
Feb 201703,25850.452.95$9,620
Jan 2017893,62749.413.42$16,797
Dec 201603,47448.763.72$12,933
Nov 201603,37242.492.64$8,917
Oct 20161023,59246.193.09$15,812
Sep 201603,37841.553.10$10,474
Aug 2016683,44941.442.92$12,904
Jul 201603,37641.622.92$9,873
Jun 20161073,27545.352.69$13,649
May 201603,26642.521.99$6,503
Apr 201603,15936.561.99$6,290
Mar 20161303,26733.011.79$10,152
Feb 201603,20426.472.06$6,612
Jan 201603,21227.352.36$7,594
Dec 20151253,34532.362.00$10,740
Nov 201503,04838.792.17$6,606
Oct 2015903,22143.552.43$11,736
Sep 201503,17142.992.76$8,747
Aug 201503,21140.162.87$9,224
Jul 2015553,17448.152.95$11,996
Jun 201503,03056.152.88$8,735
May 20151183,23655.212.96$16,079
Apr 201503,22549.822.71$8,729
Mar 201503,46342.892.93$10,163
Feb 20151082,96444.662.98$13,645
Jan 201503,20243.433.10$9,928
Dec 2014983,25454.693.59$17,046
Nov 201403,14470.464.25$13,368
Oct 2014603,46378.303.90$18,207
Sep 201403,30686.164.05$13,374
Aug 20141133,43089.394.04$23,942
Jul 201403,48796.564.18$14,574
Jun 201403,43798.164.74$16,281
May 20141103,60594.734.73$27,460
Apr 201403,51795.944.81$16,914
Mar 201413,80995.895.06$19,357
Feb 20141783,50097.406.19$39,009
Jan 201403,72790.404.86$18,116
Dec 201314,18891.824.35$18,328
Nov 20131023,98588.853.74$23,960
Oct 201304,17497.423.78$15,775
Sep 20131264,223104.113.72$28,818
Aug 201304,467104.253.52$15,736
Jul 201304,675102.523.72$17,380
Jun 2013884,91894.403.93$27,652
May 201305,09894.834.15$21,152
Apr 20131002,28493.964.28$19,177
Mar 201303,09393.623.91$12,103
Feb 2013632,68391.233.42$14,923
Jan 201303,04191.603.42$10,400
Dec 2012943,54686.773.42$20,284
Nov 2012393,87186.953.62$17,423
Oct 20121253,70989.383.40$23,782
Sep 201203,49894.672.92$10,209
Aug 201203,50392.662.91$10,187
Jul 20121393,97785.133.02$23,847
Jun 201202,82079.822.52$7,104
May 201203,90491.612.49$9,714
Apr 2012904,116101.652.00$17,367
Mar 201214,445105.052.22$9,982
Feb 2012864,131101.102.57$19,312
Jan 2012884,56598.092.73$21,113
Dec 20111104,49696.873.24$25,222
Nov 201104,77695.723.31$15,815
Oct 20111025,33084.983.65$28,115
Sep 201115,30383.623.99$21,220
Aug 2011735,14183.404.15$27,420
Jul 201114,89794.144.52$22,215
Jun 20111054,68392.904.64$31,483
May 2011914,86798.134.40$30,368
Apr 201114,873105.964.33$21,222
Mar 20111635,12396.364.06$36,492
Feb 201114,71385.644.18$19,786
Jan 2011935,57186.504.59$33,609
Dec 20101015,06685.734.35$30,684
Nov 20101044,74580.843.80$26,416
Oct 20101014,94278.103.51$25,229
Sep 20101794,84572.633.98$32,281
Aug 2010524,89873.684.42$25,477
Jul 2010845,04572.554.74$29,990
Jun 201005,20770.364.91$25,568
May 20101696,49471.124.24$39,523
Apr 201014,83981.694.12$20,031
Mar 20101815,77478.394.39$39,529
Feb 201015,11873.585.44$27,928
Jan 2010665,18374.365.96$35,820
Dec 20091615,60271.445.48$42,222
Nov 20091866,08674.593.75$36,705
Oct 200917,02072.544.11$28,927
Sep 20091447,81765.543.06$33,395
Aug 200918,79067.423.22$28,358
Jul 20091018,95361.133.46$37,192
Jun 20092498,53866.163.90$49,729
May 200908,65654.743.93$33,981
Apr 20092558,25446.773.59$41,538
Mar 20091868,23042.144.06$41,244
Feb 200907,56032.814.63$35,025
Jan 20093268,46035.865.37$57,129
Dec 20083728,74637.105.98$66,077
Nov 20081927,73455.496.86$63,712
Oct 200809,93675.246.92$68,777
Sep 20081597,617101.767.88$76,180
Aug 20083779,427114.228.48$123,030
Jul 200807,346131.0811.39$83,667
Jun 20081947,750131.3313.03$126,481
May 200808,267123.1711.57$95,685
Apr 20081018,071110.3110.45$95,522
Mar 20081168,536101.909.66$94,313
Feb 20081658,08692.538.77$86,186
Jan 20084838,66190.388.21$114,723
Dec 20071848,69288.337.30$79,721
Nov 200708,36391.677.29$60,980
Oct 20071858,60682.856.92$74,898
Sep 20071848,42675.846.24$66,568
Aug 20073778,83169.066.39$82,448
Jul 200708,39470.906.39$53,620
Jun 20071889,18762.007.55$81,004
May 200718410,31358.747.85$91,727
Apr 200718610,19759.617.81$90,677
Mar 200739,88056.927.30$72,314
Feb 20071759,00155.108.22$83,595
Jan 20073689,87050.306.73$84,904
Dec 20061838,22756.656.92$67,285
Nov 20063685,67454.207.62$63,167
Oct 20065416,82954.906.01$70,769
Sep 20061836,89860.085.04$45,741
Aug 20063657,36668.717.34$79,145
Jul 20061788,62569.376.34$67,054
Jun 20061819,39666.286.38$71,980
May 200634811,07166.016.42$94,103
Apr 200636310,25164.397.36$98,826
Mar 20067249,86756.707.08$110,938
Feb 20061,0758,34557.597.75$126,592
Jan 20061,0829,33960.598.93$148,987
Dec 20053668,22354.9413.42$130,423
Nov 20055428,31454.6910.59$117,674
Oct 200508,68658.3413.80$119,830
Sep 20051847,76961.4512.08$105,149
Aug 20051759,69861.519.80$105,774
Jul 20051734,87655.697.84$47,880
Jun 20051699,32952.337.38$77,701
May 200536710,28745.226.65$85,016
Apr 200535810,48849.207.36$94,810
Mar 20053689,33350.377.15$85,313
Feb 20053699,53345.226.31$76,858
Jan 20051838,80843.166.32$63,584
Dec 200454312,34939.866.75$105,013
Nov 200454112,80245.286.33$105,539
Oct 200453612,11949.706.52$105,596
Sep 20043579,37243.245.28$64,957
Aug 20041,07221,79042.375.55$166,370
Jul 20041,44422,92538.286.08$194,756
Jun 20041925,07136.106.43$39,553
May 200405,99637.486.49$38,942
Apr 20041855,86534.475.86$40,737
Mar 200406,29934.365.53$34,834
Feb 20041856,30632.455.51$40,747
Jan 20041826,77232.036.30$48,491
Dec 200305,58330.266.30$35,182
Nov 20031855,51028.804.60$30,647
Oct 200316,16328.174.76$29,362
Sep 20031895,45526.314.75$30,880
Aug 200306,01429.765.13$30,850
Jul 20031877,45629.415.17$44,053
Jun 200318,17128.565.98$48,915
May 20031918,64126.595.97$56,689
Apr 20031928,16926.675.41$49,293
Mar 200318,12131.146.10$49,537
Feb 20031916,90133.487.93$61,091
Jan 20031857,81430.315.58$49,225
Dec 20021897,82326.914.85$43,057
Nov 200208,91324.664.14$36,873
Oct 20021897,90626.464.23$38,436
Sep 20021898,25027.443.64$35,177
Aug 20021868,85425.963.16$32,844
Jul 200218710,00524.583.06$35,229
Jun 2002212,08023.733.34$40,373
May 200236712,09724.663.58$52,406
Apr 200218712,57123.653.51$48,576
Mar 200238913,59522.003.10$50,739
Feb 20025736,81918.222.38$26,640
Jan 20029558,08417.172.38$35,602
Dec 20015676,37616.932.36$24,675
Nov 20011925,01018.072.41$15,521
Oct 20015706,57819.782.53$27,910
Sep 20011,72711,37024.262.25$67,495
Aug 20015705,88924.873.05$32,156
Jul 200102,69823.933.20$8,626
Jun 200103,03524.563.82$11,606
May 20011843,96925.524.31$21,791
Apr 200104,46124.685.34$23,801
Mar 20011884,45624.545.38$28,571
Feb 20011873,73527.755.77$26,729
Jan 200104,42527.478.40$37,165
Dec 20001884,25326.889.12$43,851
Nov 20001834,31432.215.66$30,303
Oct 20001834,12131.235.15$26,920
Sep 20005604,50631.875.19$41,218
Aug 20007365,86729.644.54$48,456
Jul 20004,28110,49928.534.09$165,075
Jun 20002992,35029.304.40$19,094

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.

Jan 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 59.13 =         $0
Casinghead gas         1 Mcf  × $  8.00 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/23856 is the state's own key, not one this site invented.