WILLIAMS-GIESE

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 24328District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$8.3 M
Jan 2003 – May 2026
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
281
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
OilDisposition89,965 bbl$5,227,562
Casinghead gasProduction547,193 Mcf$3,098,877
Total$8,326,438

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 29.9490, -96.9856. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94898, -96.98555 · 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
no depth filed
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.

Completions filed
Jan 2003
1 of 1 wells

1 well

42-149331221Jan 2003

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 (281)

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

281 months

May 202600106.413.05$0
Apr 2026016698.932.87$476
Mar 202617632489.753.15$16,816
Feb 2026031563.503.75$1,181
Jan 2026037759.138.00$3,015
Dec 2025022256.664.41$980
Nov 2025027958.593.93$1,095
Oct 2025013859.383.30$456
Sep 20250062.743.08$0
Aug 2025031163.933.01$938
Jul 2025018366.743.32$607
Jun 2025139366.483.13$1,296
May 2025043760.553.23$1,413
Apr 202516097362.363.54$13,425
Mar 20251971,38067.704.27$19,227
Feb 2025079770.884.34$3,460
Jan 20250074.324.28$0
Dec 202419058168.993.12$14,922
Nov 20241901,00969.052.20$15,338
Oct 20241851,14371.372.28$15,811
Sep 20243611,09069.612.36$27,706
Aug 2024037275.632.06$768
Jul 2024017779.932.15$380
Jun 202404878.082.63$126
May 2024047878.812.20$1,051
Apr 2024011984.451.66$197
Mar 2024032180.301.55$496
Feb 202418540676.091.78$14,801
Jan 2024077873.023.30$2,566
Dec 202318474071.262.61$15,044
Nov 202318771877.892.81$16,581
Oct 202318869085.443.09$18,193
Sep 2023164389.042.74$1,848
Aug 202318857580.522.67$16,675
Jul 202319152974.852.64$15,694
Jun 202319025668.962.26$13,681
May 2023018770.622.23$417
Apr 202319317378.122.24$15,464
Mar 202318917672.852.39$14,190
Feb 2023025675.112.47$631
Jan 202319636076.533.39$16,219
Dec 202218528276.415.73$15,751
Nov 202219331685.005.65$18,189
Oct 2022151087.185.86$3,078
Sep 202219477584.888.16$22,794
Aug 202218982794.529.13$25,412
Jul 2022376802101.587.54$44,243
Jun 20221397115.097.98$3,282
May 2022192254109.378.43$23,141
Apr 2022194218104.226.84$21,709
Mar 20221221108.885.08$1,231
Feb 202218723491.054.86$18,163
Jan 202219221781.844.54$16,698
Dec 202119625971.323.90$14,989
Nov 202118820077.435.24$15,604
Oct 202119017579.795.71$16,160
Sep 202118224869.865.35$14,042
Aug 202118427066.024.22$13,287
Jul 202118329370.783.98$14,119
Jun 202118322469.493.38$13,474
May 202118911563.483.02$12,345
Apr 202119411760.362.76$12,033
Mar 202117924761.302.72$11,644
Feb 2021021057.805.55$1,165
Jan 202118624650.412.81$10,068
Dec 202016529344.642.68$8,150
Nov 202016932838.772.71$7,440
Oct 202018540436.972.48$7,841
Sep 202018455737.091.99$7,934
Aug 202018978439.982.39$9,426
Jul 202019276838.371.83$8,769
Jun 202019141234.901.69$7,362
May 202034632516.921.81$6,444
Apr 202017230814.751.80$3,093
Mar 202017629330.341.86$5,884
Feb 202017035649.881.98$9,185
Jan 202017033557.252.09$10,434
Dec 201917333759.012.30$10,985
Nov 201916724855.302.75$9,917
Oct 201917778653.472.42$11,365
Sep 201916974055.052.66$11,270
Aug 201917279053.112.30$10,955
Jul 2019080356.272.46$1,975
Jun 201917283752.782.49$11,163
May 201916954358.482.74$11,371
Apr 2019082262.632.75$2,261
Mar 201934393956.803.06$22,358
Feb 201901,07650.852.79$3,004
Jan 20193571,13946.033.23$20,110
Dec 201819650346.594.19$11,237
Nov 201801,03952.934.24$4,402
Oct 201817670561.443.40$13,209
Sep 2018083259.543.11$2,586
Aug 2018155659.403.07$1,764
Jul 201816877665.142.93$13,219
Jun 201817193560.183.08$13,168
May 201819394665.382.90$15,363
Apr 201818594263.842.90$14,543
Mar 201801,00161.222.79$2,790
Feb 201818393161.782.77$13,881
Jan 20181871,13362.874.01$16,299
Dec 20171851,13157.272.92$13,899
Nov 2017063755.423.12$1,986
Oct 201719066049.292.98$11,334
Sep 20171781,17147.523.09$12,074
Aug 201718876845.373.00$10,837
Jul 201718495443.873.09$11,017
Jun 20171881,01142.493.09$11,109
May 20171941,10045.373.26$12,392
Apr 20171871,03847.933.21$12,297
Mar 20171831,08046.772.98$11,781
Feb 201719498050.452.95$12,681
Jan 20171911,21849.413.42$13,601
Dec 20161821,28648.763.72$13,662
Nov 2016056842.492.64$1,502
Oct 201619392546.193.09$11,773
Sep 20161821,22941.553.10$11,373
Aug 201617867141.442.92$9,339
Jul 20161831,11941.622.92$10,889
Jun 20161921,07345.352.69$11,589
May 20161831,20842.521.99$10,186
Apr 20161911,07736.561.99$9,127
Mar 201601,08233.011.79$1,941
Feb 20161811,03726.472.06$6,931
Jan 20161801,10127.352.36$7,526
Dec 20151901,13832.362.00$8,426
Nov 20151791,06538.792.17$9,252
Oct 20151761,16743.552.43$10,497
Sep 20151841,09442.992.76$10,928
Aug 20151801,15640.162.87$10,549
Jul 20151821,10248.152.95$12,009
Jun 20151861,16456.152.88$13,800
May 20151851,02255.212.96$13,234
Apr 20151891,20349.822.71$12,672
Mar 20151931,35642.892.93$12,257
Feb 20151851,25544.662.98$11,997
Jan 20151851,43143.433.10$12,472
Dec 20141861,30054.693.59$14,841
Nov 20141921,35570.464.25$19,290
Oct 20141921,46878.303.90$20,760
Sep 20141831,40386.164.05$21,443
Aug 20141821,40089.394.04$21,918
Jul 20141881,49396.564.18$24,393
Jun 20141941,46898.164.74$25,997
May 20141941,53794.734.73$25,642
Apr 20141921,41395.944.81$25,216
Mar 20141951,50095.895.06$26,284
Feb 20141921,32297.406.19$26,887
Jan 20141961,55290.404.86$25,262
Dec 20131931,43291.824.35$23,957
Nov 20133751,46788.853.74$38,803
Oct 20131941,55997.423.78$24,792
Sep 20131931,524104.113.72$25,759
Aug 20133781,408104.253.52$44,366
Jul 20131921,414102.523.72$24,941
Jun 20131861,37594.403.93$22,967
May 20131901,82994.834.15$25,606
Apr 201318987493.964.28$21,501
Mar 20131901,42893.623.91$23,375
Feb 20133831,31191.233.42$39,425
Jan 20131911,43991.603.42$22,417
Dec 20121901,48586.773.42$21,565
Nov 20121891,48486.953.62$21,813
Oct 20123691,51689.383.40$38,135
Sep 20121791,51894.672.92$21,376
Aug 20121871,62192.662.91$22,042
Jul 20123771,53885.133.02$36,740
Jun 20121891,51379.822.52$18,897
May 20121931,68291.612.49$21,866
Apr 20121921,571101.652.00$22,654
Mar 20123841,637105.052.22$43,977
Feb 20121881,487101.102.57$22,829
Jan 20123721,83098.092.73$41,493
Dec 20111941,76596.873.24$24,511
Nov 20113861,97095.723.31$43,471
Oct 20111931,70384.983.65$22,615
Sep 20113781,97583.623.99$39,480
Aug 20115772,35783.404.15$57,902
Jul 2011086094.144.52$3,885
Jun 20113801,65792.904.64$42,990
May 20111901,88298.134.40$26,935
Apr 20111901,826105.964.33$28,045
Mar 20113861,90996.364.06$44,940
Feb 20111881,74685.644.18$23,399
Jan 20113801,99786.504.59$42,034
Dec 20101911,96185.734.35$24,900
Nov 20103822,14080.843.80$39,003
Oct 20103812,38278.103.51$38,114
Sep 20105662,16572.633.98$49,724
Aug 20101882,25873.684.42$23,831
Jul 20105702,41772.554.74$52,802
Jun 20103842,19670.364.91$37,801
May 20103832,39371.124.24$37,374
Apr 20101922,05281.694.12$24,144
Mar 20103852,25278.394.39$40,063
Feb 20103902,11973.585.44$40,229
Jan 20103832,43774.365.96$43,014
Dec 20093742,85171.445.48$42,353
Nov 20095632,69274.593.75$52,093
Oct 20091881,35072.544.11$19,186
Sep 20091892,06365.543.06$18,710
Aug 20095692,68167.423.22$46,991
Jul 20095732,90561.133.46$45,092
Jun 20095773,09566.163.90$50,229
May 20097732,86454.743.93$53,557
Apr 2009083146.773.59$2,981
Mar 200901,37742.144.06$5,589
Feb 200901,44632.814.63$6,699
Jan 200901,58435.865.37$8,508
Dec 200801,30637.105.98$7,806
Nov 200819781255.496.86$16,502
Oct 20083911,34375.246.92$38,715
Sep 20081971,974101.767.88$35,596
Aug 20083872,042114.228.48$61,525
Jul 20083862,265131.0811.39$76,394
Jun 20083862,759131.3313.03$86,650
May 20083862,697123.1711.57$78,759
Apr 20083892,599110.3110.45$70,083
Mar 20083896,268101.909.66$100,213
Feb 20083953,29992.538.77$65,483
Jan 20085933,00490.388.21$78,245
Dec 20073913,20488.337.30$57,933
Nov 20073923,59791.677.29$62,163
Oct 20075814,18182.856.92$77,077
Sep 20073845,54875.846.24$63,765
Aug 20075784,10569.066.39$66,139
Jul 20075772,98970.906.39$60,003
Jun 20075882,48062.007.55$55,176
May 200720161858.747.85$16,656
Apr 20073982,72259.617.81$44,971
Mar 20073872,84456.927.30$42,795
Feb 20075912,70655.108.22$54,797
Jan 20073893,04450.306.73$40,043
Dec 20063713,14556.656.92$42,776
Nov 20063723,05654.207.62$43,441
Oct 20063693,19254.906.01$39,454
Sep 20063623,27660.085.04$38,251
Aug 20065503,55368.717.34$63,869
Jul 20065353,45869.376.34$59,046
Jun 20065333,52466.286.38$57,824
May 20063503,64166.016.42$46,497
Apr 20067363,61564.397.36$73,999
Mar 20063713,88056.707.08$48,517
Feb 20065603,53757.597.75$59,666
Jan 20065404,30860.598.93$71,203
Dec 20057033,82854.9413.42$89,977
Nov 20055574,45754.6910.59$77,655
Oct 20055304,39458.3413.80$91,539
Sep 20055304,37061.4512.08$85,354
Aug 20057055,66261.519.80$98,834
Jul 20057165,79455.697.84$85,320
Jun 20059085,90552.337.38$91,101
May 20057426,02045.226.65$73,593
Apr 20057236,22349.207.36$81,376
Mar 20059238,01450.377.15$103,831
Feb 20051,3068,66345.226.31$113,737
Jan 20051,2976,96243.166.32$99,994
Dec 20041,1084,16039.866.75$72,249
Nov 20043541,38745.286.33$24,809
Oct 2004153049.706.52$7,604
Sep 20043542,24043.245.28$27,143
Aug 20045574,53242.375.55$48,756
Jul 20045594,20738.286.08$46,995
Jun 20041773,65936.106.43$29,928
May 20047145,94637.486.49$65,377
Apr 20047176,14734.475.86$60,727
Mar 20041,0948,00734.365.53$81,870
Feb 20049316,25432.455.51$64,668
Jan 200402,46332.036.30$15,516
Dec 20031,2708,28830.266.30$90,658
Nov 20039035,85128.804.60$52,893
Oct 20038969,04128.174.76$68,272
Sep 20031,1019,04126.314.75$71,906
Aug 20031,43212,48729.765.13$106,671
Jul 20031,0725,95629.415.17$62,325
Jun 20031,0846,02928.565.98$67,030
May 20031,2567,21126.595.97$76,466
Apr 20031,8237,11326.675.41$87,081
Mar 20031,80710,05131.146.10$117,541
Feb 20032,3417,70233.487.93$139,422
Jan 20034,52812,65130.315.58$207,862

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                    0 bbl  × $ 98.93 =         $0
Casinghead gas       166 Mcf  × $  2.87 =       $476

────────────────────────────────────────────────────
Month total                                     $476

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/24328 is the state's own key, not one this site invented.