BDF

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 24296District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$5.6 M
Dec 2002 – May 2026
Value, last 12 filed months
$120 k
at the published price for each month
Months reported
282
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
OilDisposition92,457 bbl$4,655,897
Casinghead gasProduction176,745 Mcf$909,544
Total$5,565,441

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 30.6912, -96.4262. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.69120, -96.42618 · 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
12,476 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 12,476 ft.

Completions filed
Dec 2002
1 of 1 wells

1 well

42-041315461RE12,476 ftDec 2002

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 (282)

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

282 months

May 202600106.413.05$0
Apr 20261907198.932.87$19,000
Mar 202619210189.753.15$17,550
Feb 202609263.503.75$345
Jan 202618112859.138.00$11,726
Dec 202518318356.664.41$11,176
Nov 20251869858.593.93$11,283
Oct 2025116059.383.30$588
Sep 202518923062.743.08$12,566
Aug 202534726663.933.01$22,986
Jul 202507866.743.32$259
Jun 202517813966.483.13$12,268
May 202518119860.553.23$11,600
Apr 202518822262.363.54$12,510
Mar 202517517067.704.27$12,573
Feb 202503670.884.34$156
Jan 20250074.324.28$0
Dec 20241816068.993.12$12,674
Nov 2024010069.052.20$220
Oct 2024012671.372.28$287
Sep 202417919369.612.36$12,917
Aug 202417816275.632.06$13,796
Jul 2024016879.932.15$361
Jun 202419115178.082.63$15,311
May 202404978.812.20$108
Apr 20241787284.451.66$15,152
Mar 2024013480.301.55$207
Feb 202418025176.091.78$14,144
Jan 202419021273.023.30$14,573
Dec 202316630671.262.61$12,628
Nov 202317919377.892.81$14,484
Oct 202318113285.443.09$15,872
Sep 202318323789.042.74$16,943
Aug 202317923380.522.67$15,036
Jul 202318220174.852.64$14,154
Jun 202318119568.962.26$12,922
May 2023018670.622.23$414
Apr 202336126278.122.24$28,788
Mar 2023025972.852.39$620
Feb 202334630975.112.47$26,750
Jan 202320823376.533.39$16,708
Dec 202218029776.415.73$15,455
Nov 202235537985.005.65$32,315
Oct 202205787.185.86$334
Sep 202254960584.888.16$51,538
Aug 2022020694.529.13$1,880
Jul 202200101.587.54$0
Jun 2022026115.097.98$207
May 2022182365109.378.43$22,983
Apr 2022196234104.226.84$22,027
Mar 2022201236108.885.08$23,083
Feb 202219311191.054.86$18,112
Jan 202219015481.844.54$16,248
Dec 202118425071.323.90$14,098
Nov 20211929777.435.24$15,375
Oct 202117520179.795.71$15,112
Sep 202118418969.865.35$13,866
Aug 202117818566.024.22$12,532
Jul 202136221070.783.98$26,459
Jun 2021020469.493.38$690
May 202136041263.483.02$24,096
Apr 202119047760.362.76$12,784
Mar 202135853361.302.72$23,394
Feb 202118129757.805.55$12,110
Jan 202135840850.412.81$19,193
Dec 202035533844.642.68$16,752
Nov 202018228138.772.71$7,817
Oct 202037327936.972.48$14,481
Sep 202034233837.091.99$13,358
Aug 202036128839.982.39$15,120
Jul 202005238.371.83$95
Jun 2020179034.901.69$6,247
May 2020028916.921.81$524
Apr 202046829814.751.80$7,441
Mar 202017334930.341.86$5,897
Feb 202035832849.881.98$18,507
Jan 202034136957.252.09$20,295
Dec 201934421159.012.30$20,786
Nov 201935939055.302.75$20,925
Oct 201935043553.472.42$19,767
Sep 201935040755.052.66$20,349
Aug 201934640153.112.30$19,300
Jul 201935843256.272.46$21,207
Jun 201935843252.782.49$19,971
May 201953847158.482.74$32,753
Apr 201936127762.632.75$23,371
Mar 201935237656.803.06$21,145
Feb 201954938250.852.79$28,983
Jan 201954749146.033.23$26,763
Dec 201853946246.594.19$27,046
Nov 201853949052.934.24$30,606
Oct 201868259961.443.40$43,938
Sep 201834243359.543.11$21,708
Aug 201818339759.403.07$12,088
Jul 201816545065.142.93$12,067
Jun 201817449060.183.08$11,979
May 201816848565.382.90$12,391
Apr 201834236263.842.90$22,883
Mar 201818139661.222.79$12,184
Feb 201816829361.782.77$11,190
Jan 201817135262.874.01$12,162
Dec 201717338457.272.92$11,030
Nov 201733850255.423.12$20,297
Oct 201716955649.292.98$9,989
Sep 201733762347.523.09$17,938
Aug 201716464445.373.00$9,376
Jul 201733166843.873.09$16,583
Jun 201716261342.493.09$8,776
May 201733365245.373.26$17,236
Apr 201716352747.933.21$9,505
Mar 201733351946.772.98$17,123
Feb 201733948550.452.95$18,535
Jan 201733850849.413.42$18,437
Dec 201650959948.763.72$27,049
Nov 2016064542.492.64$1,706
Oct 201654083046.193.09$27,508
Sep 201632884541.553.10$16,248
Aug 20163481,10341.442.92$17,647
Jul 20165021,17941.622.92$24,341
Jun 20163371,23745.352.69$18,605
May 20165171,33842.521.99$24,647
Apr 20165161,27836.561.99$21,410
Mar 20165391,39433.011.79$20,293
Feb 20165291,31926.472.06$16,725
Jan 20165251,36627.352.36$17,588
Dec 20157261,44132.362.00$26,377
Nov 20158581,29738.792.17$36,093
Oct 20151,26796343.552.43$57,515
Sep 201568832042.992.76$30,460
Aug 201588061840.162.87$37,116
Jul 201565448148.152.95$32,907
Jun 201551841856.152.88$30,291
May 201567644855.212.96$38,646
Apr 201549935349.822.71$25,816
Mar 201534648142.892.93$16,252
Feb 201517736444.662.98$8,988
Jan 201534147343.433.10$16,276
Dec 201451948554.693.59$30,126
Nov 201451747470.464.25$38,443
Oct 201435353478.303.90$29,723
Sep 201416747486.164.05$16,306
Aug 2014026489.394.04$1,065
Jul 201413922896.564.18$14,375
Jun 201417231398.164.74$18,366
May 2014014694.734.73$690
Apr 201417416595.944.81$17,487
Mar 2014016895.895.06$850
Feb 201417218497.406.19$17,892
Jan 2014011690.404.86$564
Dec 201317522391.824.35$17,040
Nov 2013114488.853.74$627
Oct 201317420097.423.78$17,707
Sep 20130204104.113.72$758
Aug 2013165197104.253.52$17,895
Jul 2013169257102.523.72$18,281
Jun 2013016794.403.93$657
May 201317419994.834.15$17,326
Apr 2013019193.964.28$818
Mar 201317418993.623.91$17,029
Feb 2013017391.233.42$592
Jan 201317619691.603.42$16,792
Dec 201217423286.773.42$15,891
Nov 2012020486.953.62$739
Oct 201217221289.383.40$16,094
Sep 2012024794.672.92$721
Aug 201217332692.662.91$16,978
Jul 201217439085.133.02$15,991
Jun 201216936479.822.52$14,407
May 2012034991.612.49$868
Apr 2012170483101.652.00$18,245
Mar 2012169437105.052.22$18,725
Feb 2012168353101.102.57$17,892
Jan 201215436498.092.73$16,101
Dec 201117538096.873.24$18,183
Nov 201114536595.723.31$15,088
Oct 2011034584.983.65$1,259
Sep 201115829183.623.99$14,372
Aug 201117641383.404.15$16,392
Jul 201117337994.144.52$17,998
Jun 201117243292.904.64$17,983
May 2011045698.134.40$2,009
Apr 2011174459105.964.33$20,426
Mar 201117047296.364.06$18,296
Feb 201117441385.644.18$16,628
Jan 201117440886.504.59$16,923
Dec 201017146085.734.35$16,660
Nov 201017249680.843.80$15,787
Oct 201017153478.103.51$15,229
Sep 201016851572.633.98$14,251
Aug 2010041173.684.42$1,816
Jul 201016453372.554.74$14,423
Jun 201016948170.364.91$14,253
May 201017851371.124.24$14,832
Apr 201016747481.694.12$15,596
Mar 201016847278.394.39$15,241
Feb 201017145773.585.44$15,069
Jan 201034353374.365.96$28,684
Dec 2009050871.445.48$2,786
Nov 200917456974.593.75$15,113
Oct 200917459572.544.11$15,068
Sep 200917256965.543.06$13,017
Aug 200917457867.423.22$13,591
Jul 200917256761.133.46$12,479
Jun 200917360766.163.90$13,810
May 200917759654.743.93$12,029
Apr 200917350846.773.59$9,914
Mar 200917254142.144.06$9,444
Feb 200918248832.814.63$8,232
Jan 200918061535.865.37$9,758
Dec 200817553237.105.98$9,672
Nov 200817952555.496.86$13,534
Oct 200817659675.246.92$17,368
Sep 2008176551101.767.88$22,250
Aug 2008182701114.228.48$26,735
Jul 2008178682131.0811.39$31,100
Jun 2008176699131.3313.03$32,224
May 2008170709123.1711.57$29,145
Apr 2008355635110.3110.45$45,799
Mar 2008180667101.909.66$24,788
Feb 200818154992.538.77$21,563
Jan 200817658690.388.21$20,715
Dec 200734867188.337.30$35,638
Nov 2007074891.677.29$5,454
Oct 200718277282.856.92$20,422
Sep 200717977275.846.24$18,396
Aug 200735886269.066.39$30,230
Jul 200717668170.906.39$16,829
Jun 200717982662.007.55$17,333
May 200735886658.747.85$27,824
Apr 200718182459.617.81$17,221
Mar 200718076856.927.30$15,854
Feb 200718069755.108.22$15,645
Jan 200735282950.306.73$23,282
Dec 200617789956.656.92$16,247
Nov 200635982154.207.62$25,712
Oct 200617996554.906.01$15,630
Sep 20063501,18260.085.04$26,982
Aug 20061771,18568.717.34$20,859
Jul 200635759469.376.34$28,533
Jun 200617772166.286.38$16,334
May 20063552366.016.42$23,581
Apr 20061783264.397.36$11,697
Mar 200635797256.707.08$27,127
Feb 200636692857.597.75$28,271
Jan 200617992560.598.93$19,109
Dec 20053471,11054.9413.42$33,955
Nov 20053491,24654.6910.59$32,280
Oct 20053591,41658.3413.80$40,479
Sep 20053501,12361.4512.08$35,072
Aug 20053521,09861.519.80$32,408
Jul 200517517455.697.84$11,111
Jun 20053541,39452.337.38$28,814
May 20053631,25345.226.65$24,749
Apr 20053631,40049.207.36$28,164
Mar 20053591,05250.377.15$25,610
Feb 200517679845.226.31$12,996
Jan 200535269643.166.32$19,593
Dec 20043531,03539.866.75$21,058
Nov 20041811,14745.286.33$15,457
Oct 20043281,08449.706.52$23,364
Sep 200435996643.245.28$20,627
Aug 200417892342.375.55$12,665
Jul 20043401,00638.286.08$19,136
Jun 20043571,25636.106.43$20,968
May 20045321,40537.486.49$29,064
Apr 20041771,28234.475.86$13,612
Mar 20045271,53934.365.53$26,619
Feb 20043571,43132.455.51$19,469
Jan 20045251,56932.036.30$26,700
Dec 20035281,64130.266.30$26,318
Nov 20033472,10928.804.60$19,685
Oct 20037312,22128.174.76$31,163
Sep 20033771,61126.314.75$17,570
Aug 20037171,90529.765.13$31,110
Jul 20037512,05229.415.17$32,697
Jun 20037452,00628.565.98$33,279
May 20031,1372,97926.595.97$48,025
Apr 20031,24793426.675.41$38,308
Mar 20031,4932,81731.146.10$63,665
Feb 20031,8392,98533.487.93$85,228
Jan 20033,4106,47130.315.58$139,478
Dec 200214,23413,00826.914.85$446,175

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.

Apr 2026 — as filed, then multipliedworked
Oil                  190 bbl  × $ 98.93 =    $18,797
Casinghead gas        71 Mcf  × $  2.87 =       $204

────────────────────────────────────────────────────
Month total                                  $19,000

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/24296 is the state's own key, not one this site invented.