GOLDEN TRIANGLE UNIT

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 24244District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$8.7 M
Sep 2001 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
297
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
OilDisposition167,562 bbl$7,297,643
Casinghead gasProduction308,448 Mcf$1,373,541
Total$8,671,184

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 30.6077, -96.4773. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.60775, -96.47730 · 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
11,260 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 11,260 ft.

Completions filed
Sep 2001
1 of 1 wells

1 well

42-041315851RE11,260 ftSep 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 (297)

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

297 months

May 2026063106.413.05$192
Apr 202604898.932.87$138
Mar 20261803189.753.15$16,253
Feb 2026163063.503.75$10,351
Jan 202601659.138.00$128
Dec 20251864156.664.41$10,720
Nov 202502758.593.93$106
Oct 2025012559.383.30$413
Sep 20252004462.743.08$12,683
Aug 2025176763.933.01$11,273
Jul 202501366.743.32$43
Jun 20250166.483.13$3
May 20250360.553.23$10
Apr 2025150262.363.54$9,361
Mar 2025170967.704.27$11,547
Feb 20250070.884.34$0
Jan 202501474.324.28$60
Dec 20240068.993.12$0
Nov 20241851569.052.20$12,807
Oct 20241834171.372.28$13,154
Sep 202405169.612.36$121
Aug 20241873275.632.06$14,209
Jul 20241793979.932.15$14,391
Jun 202403978.082.63$103
May 20241942378.812.20$15,340
Apr 202402184.451.66$35
Mar 20241771780.301.55$14,239
Feb 20241941276.091.78$14,783
Jan 20241864473.023.30$13,727
Dec 20231824171.262.61$13,076
Nov 202301877.892.81$51
Oct 20231794985.443.09$15,445
Sep 20231786989.042.74$16,038
Aug 20231854180.522.67$15,006
Jul 2023367074.852.64$27,470
Jun 20231906068.962.26$13,238
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230172.852.39$2
Feb 20230375.112.47$7
Jan 20230476.533.39$14
Dec 20220576.415.73$29
Nov 20221994985.005.65$17,192
Oct 20221819787.185.86$16,348
Sep 202218810584.888.16$16,815
Aug 20224054394.529.13$38,673
Jul 202207101.587.54$53
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202217618104.226.84$18,466
Mar 202218430108.885.08$20,186
Feb 20223928391.054.86$36,095
Jan 202217510381.844.54$14,789
Dec 202137014171.323.90$26,938
Nov 20213726977.435.24$29,165
Oct 202138114679.795.71$31,234
Sep 202135617269.865.35$25,791
Aug 202117710566.024.22$12,129
Jul 202155516370.783.98$39,932
Jun 202117812669.493.38$12,795
May 20215517763.483.02$35,210
Apr 20211946860.362.76$11,897
Mar 202118111461.302.72$11,405
Feb 2021015357.805.55$849
Jan 202118113050.412.81$9,490
Dec 202036414544.642.68$16,637
Nov 202018016038.772.71$7,412
Oct 202018317436.972.48$7,197
Sep 202036319737.091.99$13,856
Aug 202018421439.982.39$7,867
Jul 202036730138.371.83$14,631
Jun 202036224434.901.69$13,046
May 20205515116.921.81$9,415
Apr 202049731514.751.80$7,899
Mar 202001830.341.86$33
Feb 20200149.881.98$2
Jan 20200557.252.09$10
Dec 201951473859.012.30$32,032
Nov 201954862155.302.75$32,013
Oct 201936373153.472.42$21,178
Sep 201953571355.052.66$31,346
Aug 201955079253.112.30$31,036
Jul 201953778856.272.46$32,156
Jun 201971579252.782.49$39,711
May 201935687358.482.74$23,211
Apr 201954754462.632.75$35,755
Mar 201953978056.803.06$33,004
Feb 201973984750.852.79$39,943
Jan 201935150146.033.23$17,774
Dec 201854072146.594.19$28,176
Nov 201871575152.934.24$41,027
Oct 201836381561.443.40$25,072
Sep 201872882759.543.11$45,915
Aug 201872560859.403.07$44,929
Jul 201872981765.142.93$49,882
Jun 201854682660.183.08$35,400
May 20189181,16165.382.90$63,387
Apr 201818634463.842.90$12,872
Mar 2018726461.222.79$44,457
Feb 20181,09587861.782.77$70,078
Jan 20183521,10062.874.01$26,540
Dec 20171,0561,06557.272.92$63,589
Nov 201753890755.423.12$32,644
Oct 201793098849.292.98$48,788
Sep 20177541,11247.523.09$39,263
Aug 20177601,19445.373.00$38,068
Jul 20179351,11843.873.09$44,470
Jun 20179481,18642.493.09$43,942
May 20179501,31345.373.26$47,386
Apr 201774187547.933.21$38,326
Mar 201775592246.772.98$38,062
Feb 201756992750.452.95$31,443
Jan 201756488649.413.42$30,896
Dec 201637353448.763.72$20,175
Nov 201656057642.492.64$25,318
Oct 201674297446.193.09$37,283
Sep 201656699541.553.10$26,602
Aug 20167301,07441.442.92$33,392
Jul 20167401,10841.622.92$34,039
Jun 20165521,06345.352.69$27,888
May 20167471,09742.521.99$33,947
Apr 20169351,14636.561.99$36,465
Mar 20167561,07533.011.79$26,884
Feb 20167631,01326.472.06$22,287
Jan 201694675127.352.36$27,649
Dec 20151,13172832.362.00$38,056
Nov 201573481738.792.17$30,243
Oct 201574562243.552.43$33,954
Sep 201518648542.992.76$9,334
Aug 201518856040.162.87$9,159
Jul 201535861648.152.95$19,052
Jun 201518958756.152.88$12,305
May 201519267455.212.96$12,592
Apr 201537052649.822.71$19,857
Mar 201537965842.892.93$18,186
Feb 201537657344.662.98$18,498
Jan 201537965743.433.10$18,497
Dec 201439159754.693.59$23,528
Nov 201419559670.464.25$16,274
Oct 201438057278.303.90$31,985
Sep 201419357986.164.05$18,971
Aug 201437261289.394.04$35,723
Jul 201419261996.564.18$21,127
Jun 201438861798.164.74$41,009
May 201418961994.734.73$20,830
Apr 201437149995.944.81$37,993
Mar 201419662995.895.06$21,975
Feb 201419445597.406.19$21,713
Jan 201419556790.404.86$20,384
Dec 201319253091.824.35$19,937
Nov 201318348888.853.74$18,084
Oct 201318454197.423.78$19,970
Sep 2013186558104.113.72$21,439
Aug 2013181575104.253.52$20,895
Jul 2013190584102.523.72$21,650
Jun 201318261594.403.93$19,600
May 201318961494.834.15$20,470
Apr 201337256693.964.28$37,377
Mar 201318964493.623.91$20,214
Feb 201319456691.233.42$19,634
Jan 201319172391.603.42$19,968
Dec 201219549286.773.42$18,603
Nov 201218949986.953.62$18,242
Oct 201217859089.383.40$17,915
Sep 201219261994.672.92$19,983
Aug 201218968692.662.91$19,508
Jul 201219062285.133.02$18,054
Jun 201237967579.822.52$31,952
May 201218768291.612.49$18,828
Apr 2012186673101.652.00$20,251
Mar 2012371681105.052.22$40,487
Feb 2012374560101.102.57$39,251
Jan 201219163298.092.73$20,463
Dec 201119554796.873.24$20,662
Nov 201119447895.723.31$20,152
Oct 201119365284.983.65$18,780
Sep 201119465783.623.99$18,841
Aug 201137372283.404.15$34,104
Jul 2011076194.144.52$3,438
Jun 201119374292.904.64$21,372
May 201137074898.134.40$39,603
Apr 2011178734105.964.33$22,042
Mar 201136373496.364.06$37,957
Feb 201119061885.644.18$18,855
Jan 201138973386.504.59$37,012
Dec 201019064585.734.35$19,093
Nov 201019165680.843.80$17,930
Oct 201038482578.103.51$32,885
Sep 2010087872.633.98$3,494
Aug 20103851,03773.684.42$32,950
Jul 201037299772.554.74$31,711
Jun 20101237570.364.91$9,023
May 201039589171.124.24$31,866
Apr 201037885181.694.12$34,387
Mar 201017185478.394.39$17,153
Feb 201019277073.585.44$18,318
Jan 201037786174.365.96$33,169
Dec 200918568171.445.48$16,951
Nov 200918961874.593.75$16,416
Oct 200937768572.544.11$30,163
Sep 200919080765.543.06$14,926
Aug 200937187767.423.22$27,835
Jul 200918990661.133.46$14,692
Jun 200938287366.163.90$28,673
May 200919088254.743.93$13,863
Apr 200938081346.773.59$20,689
Mar 200938168242.144.06$18,824
Feb 200919367432.814.63$9,455
Jan 200951890035.865.37$23,409
Dec 200817223737.105.98$7,798
Nov 200835581555.496.86$25,290
Oct 20083581,12375.246.92$34,709
Sep 20081750101.767.88$17,808
Aug 20085421,234114.228.48$72,375
Jul 20081791,189131.0811.39$37,005
Jun 20083651,163131.3313.03$63,092
May 20083581,285123.1711.57$58,968
Apr 20083551,579110.3110.45$55,668
Mar 2008177773101.909.66$25,507
Feb 20083691,26792.538.77$45,256
Jan 20085441,60090.388.21$62,296
Dec 20073631,72888.337.30$44,682
Nov 20077302,69791.677.29$86,585
Oct 20075421,68982.856.92$56,596
Sep 20077281,55475.846.24$64,915
Aug 200718441769.066.39$15,371
Jul 200735888770.906.39$31,048
Jun 200735882662.007.55$28,431
May 200736777958.747.85$27,670
Apr 200736075459.617.81$27,345
Mar 200736169256.927.30$25,601
Feb 200734936355.108.22$22,212
Jan 200736383350.306.73$23,862
Dec 200654790456.656.92$37,242
Nov 200636192054.207.62$26,574
Oct 200633891954.906.01$24,083
Sep 200636092660.085.04$26,293
Aug 20065411,08168.717.34$45,107
Jul 200616155969.376.34$14,714
Jun 20065341,01766.286.38$41,886
May 20063541,11366.016.42$30,519
Apr 20063591,03264.397.36$30,712
Mar 20065431,02056.707.08$38,013
Feb 200637194357.597.75$28,675
Jan 20065401,19760.598.93$43,412
Dec 200552499854.9413.42$42,177
Nov 20055381,02354.6910.59$40,255
Oct 20053531,31858.3413.80$38,777
Sep 20053601,12561.4512.08$35,711
Aug 20055201,18261.519.80$43,565
Jul 20053641,21955.697.84$29,833
Jun 20055311,40552.337.38$38,158
May 20055081,38245.226.65$32,164
Apr 20055461,37549.207.36$36,984
Mar 20055231,42550.377.15$36,539
Feb 20055421,23145.226.31$32,279
Jan 20055421,45543.166.32$32,592
Dec 20047351,44239.866.75$39,032
Nov 20043681,24345.286.33$24,532
Oct 20047171,39049.706.52$44,691
Sep 20045401,56143.245.28$31,598
Aug 20045361,55542.375.55$31,342
Jul 20045411,83438.286.08$31,868
Jun 20047211,72936.106.43$37,151
May 20045521,81237.486.49$32,457
Apr 20047321,64534.475.86$34,869
Mar 20047352,14034.365.53$37,089
Feb 20045611,71432.455.51$27,648
Jan 20047241,80832.036.30$34,579
Dec 20039041,92130.266.30$39,460
Nov 20035511,70528.804.60$23,704
Oct 20035482,43728.174.76$27,036
Sep 20038922,36626.314.75$34,706
Aug 20037092,72529.765.13$35,078
Jul 20031,0892,63529.415.17$45,653
Jun 20037382,20328.565.98$34,258
May 20039293,32726.595.97$44,573
Apr 20031,2714,51526.675.41$58,311
Mar 20031,2523,40231.146.10$59,726
Feb 20031,1433,60033.487.93$66,801
Jan 20031,5243,82330.315.58$67,533
Dec 20021,6032,41626.914.85$54,863
Nov 200236369824.664.14$11,839
Oct 20021,2613,47826.464.23$48,075
Sep 20021,4353,56127.443.64$52,321
Aug 20021,6513,60025.963.16$54,251
Jul 20021,6253,45724.583.06$50,527
Jun 20021,8454,57323.733.34$59,048
May 20022,2134,29424.663.58$69,962
Apr 20022,1414,07923.653.51$64,961
Mar 20022,4004,13822.003.10$65,639
Feb 20023,1476,39318.222.38$72,526
Jan 20024,90810,07117.172.38$108,196
Dec 20017,36113,92516.932.36$157,546
Nov 200113,05418,30518.072.41$279,919
Oct 200116,13416,56819.782.53$361,029
Sep 20010024.262.25$0

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        63 Mcf  × $  3.05 =       $192

────────────────────────────────────────────────────
Month total                                     $192

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/24244 is the state's own key, not one this site invented.