MEANS "C"

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 24315District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$7.9 M
Jun 2002 – May 2026
Value, last 12 filed months
$253 k
at the published price for each month
Months reported
288
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
OilDisposition89,713 bbl$5,133,248
Casinghead gasProduction659,162 Mcf$2,775,477
Total$7,908,724

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 30.1835, -96.6721. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

30.18345, -96.67212 · 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 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
11,829 ft
2 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 11,452 and 12,206 ft, median 11,829 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2002 – Aug 2014
2 of 2 wells
Plug dates filed
Dec 1981
1 of 2 wells; 1 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-477310042H11,452 ftAug 2014
42-47730411412,206 ftDec 2002Dec 1981

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 (288)

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

288 months

May 20263711,449106.413.05$43,892
Apr 20263451,27098.932.87$37,775
Mar 20263601,59589.753.15$37,333
Feb 20264931,72363.503.75$37,767
Jan 20263641,85659.138.00$36,367
Dec 202571,94656.664.41$8,985
Nov 2025102,51458.593.93$10,457
Oct 2025547459.383.30$1,863
Sep 20254062.743.08$251
Aug 20252016263.933.01$13,037
Jul 202534021066.743.32$23,388
Jun 2025053466.483.13$1,671
May 202501760.553.23$55
Apr 20252062.363.54$125
Mar 20251841,43967.704.27$18,599
Feb 20257532,06470.884.34$62,332
Jan 20251074.324.28$74
Dec 202419055968.993.12$14,853
Nov 20243641,14569.052.20$27,651
Oct 20241691,37571.372.28$15,198
Sep 20241791,22569.612.36$15,357
Aug 20242075.632.06$151
Jul 20241079.932.15$80
Jun 20243511,56678.082.63$31,531
May 20243423,18178.812.20$33,946
Apr 202416155784.451.66$14,521
Mar 20245562,76780.301.55$48,922
Feb 20245393,43276.091.78$47,134
Jan 20243611,05973.023.30$29,852
Dec 202318240671.262.61$14,029
Nov 20237043,39377.892.81$64,361
Oct 20231831,24685.443.09$19,482
Sep 202311,04189.042.74$2,936
Aug 202332080.522.67$295
Jul 20232074.852.64$150
Jun 202308168.962.26$183
May 2023188070.622.23$13,277
Apr 20231852,16978.122.24$19,306
Mar 20235422,45772.852.39$45,365
Feb 20235582,28475.112.47$47,543
Jan 20233701,76976.533.39$34,309
Dec 20221861,70776.415.73$23,992
Nov 20223741,69785.005.65$41,372
Oct 20223662,18987.185.86$44,744
Sep 20221902,25384.888.16$34,520
Aug 20223782,25494.529.13$56,301
Jul 20223522,472101.587.54$54,400
Jun 20223622,345115.097.98$60,369
May 20225312,464109.378.43$78,854
Apr 20221812,423104.226.84$35,431
Mar 20223742,543108.885.08$53,630
Feb 20223732,47191.054.86$45,968
Jan 20225452,52781.844.54$56,070
Dec 20211832,71271.323.90$23,626
Nov 20215312,98577.435.24$56,747
Oct 20213562,79879.795.71$44,393
Sep 20213582,66269.865.35$39,254
Aug 20215323,17566.024.22$48,523
Jul 20213562,42670.783.98$34,858
Jun 20213601,95269.493.38$31,615
May 20215463,03363.483.02$43,813
Apr 20213602,99660.362.76$29,994
Mar 20215403,43161.302.72$42,424
Feb 20213572,22457.805.55$32,973
Jan 20211,2303,62150.412.81$72,180
Dec 20201622,23944.642.68$13,222
Nov 20203631,12338.772.71$17,113
Oct 20203632,78636.972.48$20,325
Sep 20205362,98937.091.99$25,831
Aug 20203563,37339.982.39$22,278
Jul 20205433,38138.371.83$27,006
Jun 20205423,38034.901.69$24,629
May 20203663,57316.921.81$12,677
Apr 20207343,45214.751.80$17,055
Mar 20203783,96530.341.86$18,828
Feb 20205453,01149.881.98$33,148
Jan 20205323,58057.252.09$37,956
Dec 20195433,96459.012.30$41,177
Nov 20197023,86355.302.75$49,447
Oct 20195364,09653.472.42$38,566
Sep 20197054,24055.052.66$50,077
Aug 20195304,65553.112.30$38,875
Jul 20191,2355,43256.272.46$82,857
Jun 20193622,67752.782.49$25,775
May 201901,95758.482.74$5,363
Apr 20195473,28162.632.75$43,284
Mar 20195534,47356.803.06$45,107
Feb 20193744,04250.852.79$30,304
Jan 20197214,59246.033.23$48,011
Dec 20187255,09546.594.19$55,103
Nov 20187414,93052.934.24$60,111
Oct 2018066861.443.40$2,270
Sep 20183562,83659.543.11$30,011
Aug 20187315,49759.403.07$60,278
Jul 20187265,45365.142.93$63,279
Jun 20181,2696,13460.183.08$95,242
May 20188825,88265.382.90$74,728
Apr 20187436,24963.842.90$65,560
Mar 20187695,27261.222.79$61,770
Feb 20183904,02961.782.77$35,239
Jan 20188755,12062.874.01$75,539
Dec 20175805,06957.272.92$48,026
Nov 20175795,58955.423.12$49,517
Oct 20179336,17449.292.98$64,409
Sep 20177525,92847.523.09$54,036
Aug 20175414,85945.373.00$39,144
Jul 20179517,65543.873.09$65,354
Jun 20177605,99842.493.09$50,810
May 20171,1427,39145.373.26$75,932
Apr 20177464,67347.933.21$50,764
Mar 20179467,25446.772.98$65,888
Feb 20171,1496,09650.452.95$75,966
Jan 20171,1526,75549.413.42$80,014
Dec 20168295,00748.763.72$59,062
Nov 20169786,55742.492.64$58,894
Oct 20169516,73746.193.09$64,746
Sep 20169797,24641.553.10$63,145
Aug 20161,1888,11341.442.92$72,956
Jul 2016087041.622.92$2,544
Jun 201604145.352.69$110
May 201618985142.521.99$9,731
Apr 2016079236.561.99$1,577
Mar 201618288233.011.79$7,590
Feb 2016077426.472.06$1,597
Jan 201619687927.352.36$7,439
Dec 201501,33632.362.00$2,674
Nov 20151941,06538.792.17$9,833
Oct 201501,15543.552.43$2,803
Sep 20151851,09342.992.76$10,968
Aug 2015059440.162.87$1,706
Jul 20151851,13948.152.95$12,262
Jun 20151892,10256.152.88$16,672
May 201502,03855.212.96$6,023
Apr 20151961,81049.822.71$14,664
Mar 201502,05242.892.93$6,022
Feb 20151761,06844.662.98$11,039
Jan 20151892,18043.433.10$14,968
Dec 20141982,61054.693.59$20,202
Nov 201402,97070.464.25$12,628
Oct 20141951,57778.303.90$21,420
Sep 20141943,10586.164.05$29,276
Aug 20141862,66889.394.04$27,392
Jul 20141895,85796.564.18$42,730
Jun 20141904,77198.164.74$41,250
May 20141943,78894.734.73$36,282
Apr 2014074595.944.81$3,583
Mar 201418755095.895.06$20,713
Feb 2014044097.406.19$2,724
Jan 201418150690.404.86$18,822
Dec 20130091.824.35$0
Nov 201319133788.853.74$18,230
Oct 2013055797.423.78$2,105
Sep 20131915,783104.113.72$41,385
Aug 20130656104.253.52$2,311
Jul 20131885,753102.523.72$40,662
Jun 201305,28894.403.93$20,800
May 20131951,11794.834.15$23,126
Apr 2013055693.964.28$2,381
Mar 2013088093.623.91$3,443
Feb 201318669791.233.42$19,352
Jan 201319681491.603.42$20,737
Dec 2012079086.773.42$2,702
Nov 201218874086.953.62$19,029
Oct 2012089089.383.40$3,026
Sep 201201,01294.672.92$2,953
Aug 201218134892.662.91$17,784
Jul 2012054485.133.02$1,643
Jun 201217978179.822.52$16,255
May 2012064691.612.49$1,607
Apr 2012170515101.652.00$18,309
Mar 20121721,320105.052.22$21,002
Feb 20121941,250101.102.57$22,826
Jan 2012048698.092.73$1,329
Dec 201117544996.873.24$18,407
Nov 2011058995.723.31$1,950
Oct 20111933,05084.983.65$27,529
Sep 201119263483.623.99$18,582
Aug 2011052783.404.15$2,187
Jul 201118057094.144.52$19,520
Jun 201118977692.904.64$21,159
May 2011083798.134.40$3,687
Apr 2011181744105.964.33$22,403
Mar 2011080996.364.06$3,282
Feb 201119466885.644.18$19,406
Jan 2011086186.504.59$3,951
Dec 201019776385.734.35$20,206
Nov 2010059080.843.80$2,239
Oct 201019374478.103.51$17,684
Sep 2010076572.633.98$3,044
Aug 201019071573.684.42$17,159
Jul 201001,34272.554.74$6,356
Jun 201019366870.364.91$16,860
May 2010085971.124.24$3,638
Apr 201018589381.694.12$18,794
Mar 2010099878.394.39$4,380
Feb 20101961,02373.585.44$19,989
Jan 201019387474.365.96$19,564
Dec 200901,00771.445.48$5,522
Nov 200919485774.593.75$17,686
Oct 200901,05772.544.11$4,345
Sep 200918386865.543.06$14,654
Aug 200918894867.423.22$15,726
Jul 200901,09661.133.46$3,797
Jun 20091911,23666.163.90$17,451
May 20091951,01954.743.93$14,675
Apr 200919781446.773.59$12,134
Mar 200919797542.144.06$12,259
Feb 2009078532.814.63$3,637
Jan 20091961,03535.865.37$12,588
Dec 200819567037.105.98$11,239
Nov 200801,12755.496.86$7,732
Oct 20081961,17475.246.92$22,873
Sep 20081931,268101.767.88$29,628
Aug 20081931,299114.228.48$33,064
Jul 20081931,272131.0811.39$39,786
Jun 20080891131.3313.03$11,612
May 2008192448123.1711.57$28,834
Apr 20081941,271110.3110.45$34,688
Mar 20081952,684101.909.66$45,809
Feb 20081951,69392.538.77$32,892
Jan 20081971,19890.388.21$27,635
Dec 20071981,18688.337.30$26,149
Nov 20071951,31491.677.29$27,457
Oct 20071931,41982.856.92$25,812
Sep 200701,49575.846.24$9,335
Aug 20071931,10969.066.39$20,413
Jul 20071951,18370.906.39$21,382
Jun 20071921,09062.007.55$20,132
May 200719487158.747.85$18,230
Apr 20071951,17259.617.81$20,772
Mar 200719494256.927.30$17,921
Feb 2007084655.108.22$6,951
Jan 20072012,64250.306.73$27,883
Dec 20061941,38456.656.92$20,565
Nov 20062001,12854.207.62$19,433
Oct 20061981,38354.906.01$19,187
Sep 20061981,80260.085.04$20,973
Aug 20063761,46868.717.34$36,610
Jul 20061941,71469.376.34$24,329
Jun 20061951,89566.286.38$25,022
May 20061971,38666.016.42$21,909
Apr 20061981,11764.397.36$20,971
Mar 20061981,43656.707.08$21,398
Feb 20062021,36657.597.75$22,221
Jan 20061971,32960.598.93$23,809
Dec 20052031,36654.9413.42$29,478
Nov 20051981,16054.6910.59$23,111
Oct 20053921,86458.3413.80$48,585
Sep 200501,82361.4512.08$22,020
Aug 20053861,78761.519.80$41,250
Jul 20051971,95555.697.84$26,305
Jun 20051951,76952.337.38$23,261
May 20054011,95445.226.65$31,130
Apr 20051952,77949.207.36$30,049
Mar 20053992,55750.377.15$38,393
Feb 20051962,83845.226.31$26,776
Jan 20053962,66543.166.32$33,940
Dec 20043992,13239.866.75$30,297
Nov 200420095845.286.33$15,121
Oct 20043802,18149.706.52$33,095
Sep 20043921,99443.245.28$27,486
Aug 20043882,12142.375.55$28,213
Jul 20043842,75538.286.08$31,461
Jun 20043933,01236.106.43$33,564
May 20044002,94437.486.49$34,112
Apr 20043922,66334.475.86$29,113
Mar 20045823,17334.365.53$37,545
Feb 20045932,93932.455.51$35,436
Jan 20045911,96632.036.30$31,315
Dec 20035943,45430.266.30$39,740
Nov 20035944,07628.804.60$35,837
Oct 20035844,66028.174.76$38,631
Sep 20037834,30226.314.75$41,032
Aug 20037805,14129.765.13$49,585
Jul 20031,1676,01629.415.17$65,429
Jun 20039776,94928.565.98$69,479
May 20031,1846,63026.595.97$71,081
Apr 2003058926.675.41$3,185
Mar 20033973,52131.146.10$33,827
Feb 20035964,25133.487.93$53,647
Jan 20033856,73830.315.58$49,281
Dec 20020026.914.85$0
Nov 20021501,15124.664.14$8,461
Oct 20024013,57826.464.23$25,742
Sep 20021744,37527.443.64$20,679
Aug 20023856,13225.963.16$29,397
Jul 200276710,34224.583.06$50,518
Jun 200201,08223.733.34$3,612

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                  371 bbl  × $106.41 =    $39,478
Casinghead gas     1,449 Mcf  × $  3.05 =     $4,413

────────────────────────────────────────────────────
Month total                                  $43,892

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/24315 is the state's own key, not one this site invented.