CORNELIA

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 24054District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$5.0 M
Feb 2001 – May 2026
Value, last 12 filed months
$67
at the published price for each month
Months reported
304
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
OilDisposition71,201 bbl$3,462,272
Casinghead gasProduction311,161 Mcf$1,576,890
Total$5,039,162

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 29.8991, -97.0301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.89908, -97.03008 · 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
9,215 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 9,215 ft.

Completions filed
Feb 2001
1 of 1 wells

1 well

42-149303531RE9,215 ftFeb 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 (304)

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

304 months

May 202600106.413.05$0
Apr 20260098.932.87$0
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 20251066.743.32$67
Jun 20250066.483.13$0
May 20252060.553.23$121
Apr 20258062.363.54$499
Mar 20253067.704.27$203
Feb 20252070.884.34$142
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20241071.372.28$71
Sep 20241069.612.36$70
Aug 20244075.632.06$303
Jul 20242079.932.15$160
Jun 20245078.082.63$390
May 20241078.812.20$79
Apr 20240084.451.66$0
Mar 20248080.301.55$642
Feb 20247076.091.78$533
Jan 20240073.023.30$0
Dec 20237071.262.61$499
Nov 20236077.892.81$467
Oct 20231085.443.09$85
Sep 20233820589.042.74$3,944
Aug 20238132780.522.67$7,396
Jul 202318131874.852.64$14,388
Jun 2023231868.962.26$856
May 202319132270.622.23$14,206
Apr 2023032378.122.24$723
Mar 2023034172.852.39$816
Feb 202319028475.112.47$14,971
Jan 2023132476.533.39$1,174
Dec 202218631676.415.73$16,023
Nov 2022137285.005.65$2,185
Oct 202217837087.185.86$17,688
Sep 2022027884.888.16$2,270
Aug 2022031394.529.13$2,857
Jul 2022187316101.587.54$21,379
Jun 20221289115.097.98$2,421
May 2022188316109.378.43$23,226
Apr 20221327104.226.84$2,340
Mar 2022176416108.885.08$21,275
Feb 2022116591.054.86$893
Jan 202219238181.844.54$17,442
Dec 2021020871.323.90$811
Nov 202118637777.435.24$16,376
Oct 2021030779.795.71$1,754
Sep 202118838369.865.35$15,183
Aug 2021028066.024.22$1,182
Jul 2021036270.783.98$1,442
Jun 202118836569.493.38$14,298
May 2021041363.483.02$1,246
Apr 202118116460.362.76$11,378
Mar 2021039661.302.72$1,076
Feb 202118722157.805.55$12,035
Jan 2021033150.412.81$930
Dec 202019232844.642.68$9,448
Nov 2020035538.772.71$961
Oct 2020035936.972.48$890
Sep 202017635937.091.99$7,243
Aug 2020038939.982.39$928
Jul 202018733438.371.83$7,785
Jun 2020037434.901.69$632
May 202017037516.921.81$3,557
Apr 202016440314.751.80$3,146
Mar 202016448030.341.86$5,867
Feb 2020017149.881.98$339
Jan 202018847257.252.09$11,752
Dec 201907259.012.30$166
Nov 201918337755.302.75$11,157
Oct 2019041053.472.42$992
Sep 201916137855.052.66$9,868
Aug 2019041853.112.30$963
Jul 201917340856.272.46$10,738
Jun 2019043252.782.49$1,076
May 201916434458.482.74$10,533
Apr 2019038662.632.75$1,062
Mar 201916942056.803.06$10,885
Feb 201915639050.852.79$9,022
Jan 201918647746.033.23$10,101
Dec 2018040946.594.19$1,712
Nov 201818540452.934.24$11,504
Oct 2018041261.443.40$1,400
Sep 201818839659.543.11$12,424
Aug 2018041859.403.07$1,282
Jul 201817841065.142.93$12,797
Jun 2018037660.183.08$1,157
May 201818042765.382.90$13,007
Apr 201816941363.842.90$11,987
Mar 2018041561.222.79$1,157
Feb 201819338061.782.77$12,975
Jan 201818939562.874.01$13,466
Dec 2017041157.272.92$1,201
Nov 201718341555.423.12$11,436
Oct 2017044349.292.98$1,322
Sep 201718943247.523.09$10,315
Aug 2017036345.373.00$1,091
Jul 201718542343.873.09$9,422
Jun 2017044042.493.09$1,358
May 201718942045.373.26$9,946
Apr 201719441647.933.21$10,634
Mar 2017040646.772.98$1,211
Feb 201718335150.452.95$10,269
Jan 2017049949.413.42$1,706
Dec 201618949548.763.72$11,058
Nov 2016048842.492.64$1,290
Oct 201618551346.193.09$10,130
Sep 201618250241.553.10$9,119
Aug 2016053641.442.92$1,567
Jul 201618244941.622.92$8,888
Jun 2016049845.352.69$1,338
May 201618850742.521.99$9,003
Apr 201619650536.561.99$8,171
Mar 2016050833.011.79$911
Feb 201619647826.472.06$6,175
Jan 2016050027.352.36$1,182
Dec 201518851432.362.00$7,112
Nov 201517849038.792.17$7,967
Oct 2015051443.552.43$1,247
Sep 201519156442.992.76$9,767
Aug 2015056340.162.87$1,617
Jul 201517853848.152.95$10,155
Jun 201518755456.152.88$12,097
May 201519365355.212.96$12,585
Apr 2015066049.822.71$1,786
Mar 201519250242.892.93$9,708
Feb 201518745544.662.98$9,706
Jan 2015051243.433.10$1,588
Dec 201418849854.693.59$12,070
Nov 201419949670.464.25$16,130
Oct 2014051778.303.90$2,017
Sep 201418652086.164.05$18,129
Aug 2014053089.394.04$2,139
Jul 201418256696.564.18$19,940
Jun 201419057998.164.74$21,393
May 201419459794.734.73$21,199
Apr 2014057795.944.81$2,775
Mar 201419459595.895.06$21,611
Feb 201418752997.406.19$21,489
Jan 2014057490.404.86$2,790
Dec 201318660491.824.35$19,709
Nov 201318559088.853.74$18,643
Oct 2013059097.423.78$2,230
Sep 2013187596104.113.72$21,684
Aug 2013185609104.253.52$21,432
Jul 2013187620102.523.72$21,476
Jun 201318862694.403.93$20,210
May 2013066394.834.15$2,751
Apr 201318338893.964.28$18,856
Mar 201319159993.623.91$20,225
Feb 2013061191.233.42$2,090
Jan 201318966591.603.42$19,587
Dec 201218566586.773.42$18,327
Nov 2012064886.953.62$2,349
Oct 201218770889.383.40$19,121
Sep 201219167994.672.92$20,064
Aug 201219170292.662.91$19,740
Jul 201219072685.133.02$18,368
Jun 201219272379.822.52$17,147
May 2012069991.612.49$1,739
Apr 2012189688101.652.00$20,586
Mar 2012190665105.052.22$21,437
Feb 2012190624101.102.57$20,813
Jan 201219567498.092.73$20,970
Dec 201119871396.873.24$21,490
Nov 201119565995.723.31$20,848
Oct 2011066784.983.65$2,434
Sep 201119274483.623.99$19,020
Aug 201119374583.404.15$19,187
Jul 201118869994.144.52$20,856
Jun 201118867992.904.64$20,616
May 201118675598.134.40$21,578
Apr 2011195832105.964.33$24,267
Mar 201119779496.364.06$22,204
Feb 2011069585.644.18$2,905
Jan 201119177586.504.59$20,078
Dec 201038378885.734.35$36,261
Nov 2010076380.843.80$2,896
Oct 201018987778.103.51$17,838
Sep 201036589872.633.98$30,084
Aug 2010082173.684.42$3,628
Jul 201018883872.554.74$17,609
Jun 201018883470.364.91$17,323
May 201019092571.124.24$17,430
Apr 201019077381.694.12$18,708
Mar 201019093678.394.39$19,002
Feb 201019284473.585.44$18,721
Jan 201019489974.365.96$19,788
Dec 200938192171.445.48$32,269
Nov 200919186974.593.75$17,507
Oct 20091881,00872.544.11$17,781
Sep 200918782065.543.06$14,769
Aug 200918896267.423.22$15,771
Jul 200918890561.133.46$14,628
Jun 200919368966.163.90$15,453
May 200919634354.743.93$12,076
Apr 200919691846.773.59$12,460
Mar 200913899142.144.06$9,838
Feb 200918586832.814.63$10,091
Jan 20091971,01035.865.37$12,489
Dec 20081981,00237.105.98$13,335
Nov 20083951,06955.496.86$29,252
Oct 20081951,24375.246.92$23,276
Sep 2008194983101.767.88$27,485
Aug 20081941,140114.228.48$31,829
Jul 20081931,269131.0811.39$39,752
Jun 20083861,242131.3313.03$66,880
May 20081941,320123.1711.57$39,173
Apr 20081951,274110.3110.45$34,830
Mar 20081961,315101.909.66$32,681
Feb 20083911,23192.538.77$46,976
Jan 20081971,27490.388.21$28,259
Dec 20071941,32288.337.30$26,789
Nov 20073901,43591.677.29$46,215
Oct 20071931,64482.856.92$27,370
Sep 20073841,60975.846.24$39,169
Aug 20071921,71869.066.39$24,234
Jul 20073891,67270.906.39$38,261
Jun 20073891,55962.007.55$35,886
May 20071951,72758.747.85$25,005
Apr 20075841,69859.617.81$48,065
Mar 20073951,73556.927.30$35,152
Feb 20073861,38755.108.22$32,664
Jan 20073631,28750.306.73$26,916
Dec 20061911,58556.656.92$21,786
Nov 20063701,63354.207.62$32,493
Oct 20063671,73354.906.01$30,570
Sep 20063641,75460.085.04$30,704
Aug 20063571,76568.717.34$37,484
Jul 20063631,87369.376.34$37,061
Jun 20065411,76766.286.38$47,138
May 20063551,31766.016.42$31,895
Apr 2006014064.397.36$1,030
Mar 20063671,01256.707.08$27,977
Feb 20061831,90557.597.75$25,305
Jan 20063662,12360.598.93$41,141
Dec 20053732,05854.9413.42$48,102
Nov 20053672,06654.6910.59$41,947
Oct 20053241,98758.3413.80$46,314
Sep 20053011,97561.4512.08$42,352
Aug 20053202,31961.519.80$42,402
Jul 20055142,27655.697.84$46,477
Jun 20054332,34052.337.38$39,931
May 20053612,13745.226.65$30,538
Apr 20053641,56049.207.36$29,391
Mar 20055091,50350.377.15$36,392
Feb 20051731,31145.226.31$16,098
Jan 20053631,51643.166.32$25,252
Dec 20044751,55039.866.75$29,398
Nov 20043001,59845.286.33$23,700
Oct 20043351,79049.706.52$28,312
Sep 20043531,58243.245.28$23,623
Aug 20043431,94942.375.55$25,351
Jul 20043332,08438.286.08$25,427
Jun 20042331,77736.106.43$19,843
May 20043621,62637.486.49$24,128
Apr 20045061,81434.475.86$28,069
Mar 20043631,88034.365.53$22,869
Feb 20045601,73832.455.51$27,748
Jan 20045511,73432.036.30$28,572
Dec 20033701,78930.266.30$22,470
Nov 20035521,78228.804.60$24,086
Oct 20035461,93428.174.76$24,586
Sep 20033561,43926.314.75$16,201
Aug 20031752,36729.765.13$17,350
Jul 20035453,04829.415.17$31,789
Jun 20033542,88028.565.98$27,341
May 20035343,06526.595.97$32,505
Apr 20033613,24226.675.41$27,158
Mar 20035453,61831.146.10$39,027
Feb 20033672,88033.487.93$35,114
Jan 20037403,84230.315.58$43,876
Dec 20021833,22026.914.85$20,554
Nov 20025412,89224.664.14$25,305
Oct 20025363,05026.464.23$27,081
Sep 2002696027.443.64$19,098
Aug 20025443,37525.963.16$24,801
Jul 20027153,57124.583.06$28,508
Jun 20027113,21523.733.34$27,604
May 20025393,67924.663.58$26,477
Apr 20027174,01523.653.51$31,059
Mar 20027194,39622.003.10$29,458
Feb 20028704,64818.222.38$26,894
Jan 20028904,64817.172.38$26,323
Dec 20011,0605,24816.932.36$30,354
Nov 20011,0845,90218.072.41$33,785
Oct 20011,4404,85719.782.53$40,766
Sep 20011,7755,14124.262.25$54,636
Aug 20013,3895,11024.873.05$99,886
Jul 2001142023.933.20$1,367
Jun 20013571,77224.563.82$15,544
May 20019145,85225.524.31$48,532
Apr 20011,6204,43824.685.34$63,660
Mar 20013,6498,05324.545.38$132,843
Feb 20017292,93327.755.77$37,145

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                    1 bbl  × $ 66.74 =        $67
Casinghead gas         0 Mcf  × $  3.32 =         $0

────────────────────────────────────────────────────
Month total                                      $67

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/24054 is the state's own key, not one this site invented.