GRAFF UNIT

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 24380District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$11.1 M
Jul 2003 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
275
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
OilDisposition125,528 bbl$7,388,801
Casinghead gasProduction710,495 Mcf$3,726,020
Total$11,114,821

Wells on this lease (3)

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 30.4439, -96.6750. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

30.44422, -96.67458 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,132 ft
3 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.
3100.0%

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 8,126 and 8,190 ft, median 8,132 ft, over the 3 wells that filed a depth.

Completions filed
Jan 1981 – Aug 2003
3 of 3 wells

3 wells

42-051307692RE8,190 ftAug 2003
42-0513118648,126 ftFeb 1981
42-0513106738,132 ftJan 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 (275)

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

275 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260263.503.75$8
Jan 20261059.138.00$59
Dec 20250156.664.41$4
Nov 20250358.593.93$12
Oct 20250059.383.30$0
Sep 2025185062.743.08$11,607
Aug 20250063.933.01$0
Jul 202545066.743.32$433
Jun 202516266.483.13$260
May 202529060.553.23$412
Apr 202517528262.363.54$11,912
Mar 2025338367.704.27$1,838
Feb 202517417370.884.34$13,084
Jan 202541974.324.28$379
Dec 202414068.993.12$966
Nov 202407369.052.20$160
Oct 202411371.372.28$101
Sep 2024040269.612.36$950
Aug 2024038375.632.06$790
Jul 2024233479.932.15$877
Jun 202417934978.082.63$14,896
May 202418737178.812.20$15,553
Apr 2024033384.451.66$553
Mar 2024050580.301.55$780
Feb 2024142176.091.78$827
Jan 2024045973.023.30$1,514
Dec 202317871671.262.61$14,554
Nov 202318565877.892.81$16,257
Oct 2023082585.443.09$2,547
Sep 2023294389.042.74$2,757
Aug 202301,00480.522.67$2,684
Jul 202317898374.852.64$15,920
Jun 202317689768.962.26$14,163
May 2023095270.622.23$2,120
Apr 202301,73578.122.24$3,883
Mar 20234152,04472.852.39$35,124
Feb 20231862,29475.112.47$19,627
Jan 20231821,69076.533.39$19,654
Dec 20223641,90876.415.73$38,744
Nov 2022049285.005.65$2,778
Oct 202218325987.185.86$17,473
Sep 2022176684.888.16$6,338
Aug 202220287694.529.13$27,088
Jul 202211,103101.587.54$8,420
Jun 20221771,373115.097.98$31,324
May 20221811,302109.378.43$30,776
Apr 202201,253104.226.84$8,568
Mar 20221871,220108.885.08$26,554
Feb 2022092791.054.86$4,504
Jan 202201,33881.844.54$6,071
Dec 2021531,40871.323.90$9,270
Nov 20211811,18577.435.24$20,221
Oct 202101,21579.795.71$6,942
Sep 202101,40069.865.35$7,491
Aug 202101,07966.024.22$4,554
Jul 202117884170.783.98$15,948
Jun 20211831,80769.493.38$18,825
May 20211792,23263.483.02$18,098
Apr 20211871,49660.362.76$15,414
Mar 202101,41561.302.72$3,844
Feb 202101,07857.805.55$5,981
Jan 20211841,06250.412.81$12,260
Dec 202001,18644.642.68$3,173
Nov 2020083038.772.71$2,246
Oct 202035178436.972.48$14,920
Sep 2020062537.091.99$1,244
Aug 20203691,07939.982.39$17,326
Jul 20201811,97138.371.83$10,542
Jun 20201871,03334.901.69$8,272
May 202002,13316.921.81$3,871
Apr 20205092,60214.751.80$12,203
Mar 20203642,72130.341.86$16,095
Feb 20205202,59349.881.98$31,073
Jan 20203412,76857.252.09$25,320
Dec 20193483,13659.012.30$27,762
Nov 20195313,00955.302.75$37,641
Oct 20193483,55953.472.42$27,215
Sep 20193483,26755.052.66$27,839
Aug 20195213,48253.112.30$35,694
Jul 20193623,43156.272.46$28,810
Jun 20193583,71952.782.49$28,160
May 20191,0623,97158.482.74$72,988
Apr 20193541,50762.632.75$26,316
Mar 20193633,01256.803.06$29,841
Feb 20191822,73650.852.79$16,894
Jan 201920298946.033.23$12,491
Dec 20181911,84546.594.19$16,621
Nov 20183613,03752.934.24$31,976
Oct 20181693,38761.443.40$21,893
Sep 20181692,82059.543.11$18,827
Aug 20183502,89159.403.07$29,655
Jul 20181732,43665.142.93$18,411
Jun 20183432,56160.183.08$28,522
May 20181752,95665.382.90$20,016
Apr 20183392,92663.842.90$30,130
Mar 20181732,09961.222.79$16,441
Feb 20183452,54561.782.77$28,354
Jan 20183482,40362.874.01$31,513
Dec 20175181,68457.272.92$34,586
Nov 20175052,06955.423.12$34,439
Oct 20178431,39549.292.98$45,714
Sep 201716929847.523.09$8,951
Aug 20171631,47645.373.00$11,830
Jul 20173391,51843.873.09$19,558
Jun 20173231,11242.493.09$17,157
May 20171701,14645.373.26$11,453
Apr 20173501,48547.933.21$21,545
Mar 20171701,52846.772.98$12,510
Feb 20173551,37950.452.95$21,981
Jan 20171751,49749.413.42$13,765
Dec 20165251,05248.763.72$29,515
Nov 201601,27842.492.64$3,379
Oct 20161711,52246.193.09$12,602
Sep 20163481,68241.553.10$19,675
Aug 20163291,83341.442.92$18,994
Jul 20161611,79141.622.92$11,938
Jun 20163251,70345.352.69$19,313
May 20161881,29842.521.99$10,578
Apr 201617276936.561.99$7,819
Mar 20163071,88633.011.79$13,518
Feb 20163591,74926.472.06$13,112
Jan 20163581,85827.352.36$14,184
Dec 20151782,04132.362.00$9,845
Nov 20153421,84538.792.17$17,265
Oct 20153611,94843.552.43$20,449
Sep 20153511,91942.992.76$20,383
Aug 20151771,78940.162.87$12,247
Jul 20151762,08848.152.95$14,624
Jun 20151902,08856.152.88$16,688
May 20154252,01655.212.96$29,422
Apr 20151802,10749.822.71$14,670
Mar 20153362,13242.892.93$20,668
Feb 20153531,73044.662.98$20,914
Jan 20151662,16143.433.10$13,910
Dec 20143551,94954.693.59$26,415
Nov 20141761,86570.464.25$20,331
Oct 20143512,13078.303.90$35,792
Sep 20141762,10786.164.05$23,688
Aug 20145591,84389.394.04$57,406
Jul 20143412,11296.564.18$41,754
Jun 20143462,00298.164.74$43,447
May 20143521,78894.734.73$41,796
Apr 20141821,99095.944.81$27,031
Mar 20145201,81395.895.06$59,031
Feb 20143561,29597.406.19$42,693
Jan 20141751,76790.404.86$24,409
Dec 20133611,77391.824.35$40,868
Nov 20133551,61088.853.74$37,560
Oct 20135151,92697.423.78$57,450
Sep 20133281,890104.113.72$41,175
Aug 20133511,816104.253.52$42,989
Jul 20133481,987102.523.72$43,064
Jun 20133481,51594.403.93$38,810
May 20133441,75594.834.15$39,903
Apr 20133481,75393.964.28$40,205
Mar 20133521,59593.623.91$39,195
Feb 20133441,33591.233.42$35,949
Jan 20136931,56191.603.42$68,817
Dec 20123511,95986.773.42$37,156
Nov 20123311,75586.953.62$35,142
Oct 20121771,87689.383.40$22,198
Sep 20126981,88194.672.92$71,569
Aug 20125261,60492.662.91$53,404
Jul 20121761,93285.133.02$20,819
Jun 20123481,86179.822.52$32,465
May 20125261,68591.612.49$52,380
Apr 20123541,622101.652.00$39,223
Mar 20125231,307105.052.22$57,845
Feb 20123501,253101.102.57$38,606
Jan 20126941,21598.092.73$71,396
Dec 20113491,20796.873.24$37,718
Nov 20113471,52995.723.31$38,278
Oct 20116971,61484.983.65$65,120
Sep 20111731,69783.623.99$21,230
Aug 20113442,29583.404.15$38,212
Jul 20113481,89294.144.52$41,307
Jun 20115141,85492.904.64$56,353
May 20113451,96598.134.40$42,510
Apr 20115201,746105.964.33$62,665
Mar 20115201,82296.364.06$57,500
Feb 20113441,99085.644.18$37,778
Jan 20113472,12686.504.59$39,771
Dec 20105191,89485.734.35$52,729
Nov 20105221,74180.843.80$48,806
Oct 20105151,76078.103.51$46,397
Sep 20103471,86672.633.98$32,628
Aug 20103482,17873.684.42$35,266
Jul 20105192,21772.554.74$48,154
Jun 20103451,81870.364.91$33,201
May 20105162,55471.124.24$47,515
Apr 20105151,89481.694.12$49,879
Mar 20103431,94278.394.39$35,411
Feb 20101741,98173.585.44$23,584
Jan 20105262,06574.365.96$51,429
Dec 20093571,43671.445.48$33,379
Nov 20093492,05974.593.75$33,756
Oct 20097052,32572.544.11$60,697
Sep 20091781,94865.543.06$17,636
Aug 20095262,27867.423.22$42,795
Jul 20093462,43361.133.46$29,580
Jun 20091691,54966.163.90$17,214
May 20091731,10054.743.93$13,788
Apr 20093571,09146.773.59$20,611
Mar 20095201,21042.144.06$26,824
Feb 200935498032.814.63$16,155
Jan 20091802,43535.865.37$19,533
Dec 20085371,97937.105.98$31,751
Nov 20083582,48955.496.86$36,941
Oct 20085382,64775.246.92$58,802
Sep 20085422,642101.767.88$75,965
Aug 20083573,392114.228.48$69,551
Jul 20085403,502131.0811.39$110,669
Jun 20085413,445131.3313.03$115,947
May 20085374,244123.1711.57$115,264
Apr 20081802,593110.3110.45$46,965
Mar 20083581,274101.909.66$48,792
Feb 20083602,61892.538.77$56,272
Jan 20085443,26790.388.21$75,975
Dec 20078864,36388.337.30$110,119
Nov 20071,2513,88191.677.29$142,978
Oct 20071,2594,61282.856.92$136,232
Sep 20079074,90075.846.24$99,383
Aug 20071,0955,42469.066.39$110,269
Jul 20071,6385,14470.906.39$148,994
Jun 20075412,10162.007.55$49,401
May 20077224,94558.747.85$81,210
Apr 20073614,68259.617.81$58,063
Mar 20077214,92756.927.30$77,016
Feb 20075403,13755.108.22$55,528
Jan 20075414,42950.306.73$57,006
Dec 20067125,21856.656.92$76,435
Nov 20065494,22154.207.62$61,909
Oct 20065282,43454.906.01$43,625
Sep 20063491,82260.085.04$30,146
Aug 20065241,73068.717.34$48,702
Jul 20065291,31069.376.34$45,006
Jun 20063491,93166.286.38$35,459
May 20065242,09066.016.42$48,017
Apr 20063502,05164.397.36$37,633
Mar 20067052,07056.707.08$54,635
Feb 20061831,82557.597.75$24,685
Jan 20065291,87760.598.93$48,820
Dec 20053521,75554.9413.42$42,883
Nov 20053461,15854.6910.59$31,184
Oct 20051,0694,97858.3413.80$131,041
Sep 20051,4195,72461.4512.08$156,338
Aug 20058906,67561.519.80$120,138
Jul 20051,4197,03055.697.84$134,165
Jun 20051,2525,64252.337.38$107,161
May 20051,4196,80045.226.65$109,395
Apr 20051,4376,36049.207.36$117,513
Mar 20051,3706,52850.377.15$115,714
Feb 20051,4224,71245.226.31$94,045
Jan 20051,7947,91543.166.32$127,469
Dec 20041,6156,28239.866.75$106,784
Nov 20041,6068,40545.286.33$125,927
Oct 20041,9519,18949.706.52$156,832
Sep 20042,1229,38143.245.28$141,324
Aug 20042,12710,35542.375.55$147,598
Jul 20042,12510,83438.286.08$147,261
Jun 20041,7729,50836.106.43$125,134
May 20041,78412,73637.486.49$149,579
Apr 20042,13712,04334.475.86$144,216
Mar 20042,63613,50334.365.53$165,246
Feb 20041,79912,35232.455.51$126,432
Jan 20041,61312,98232.036.30$133,446
Dec 20031,97514,64330.266.30$152,038
Nov 20031,96315,16628.804.60$126,225
Oct 20032,54917,64628.174.76$155,794
Sep 20034,10323,28626.314.75$218,544
Aug 20031,5256,66829.765.13$79,589
Jul 20030029.415.17$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.

Feb 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 63.50 =         $0
Casinghead gas         2 Mcf  × $  3.75 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/24380 is the state's own key, not one this site invented.