HITCHCOCK 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 24398District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$1.6 M
Jul 2003 – May 2026
Value, last 12 filed months
$59 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
OilDisposition17,288 bbl$1,118,444
Casinghead gasProduction74,309 Mcf$439,288
Total$1,557,732

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 30.5567, -96.5769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.55674, -96.57690 · 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
8,332 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 8,332 ft.

Completions filed
Jul 2003
1 of 1 wells

1 well

42-0513252718,332 ftJul 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 (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 20261800106.413.05$19,154
Apr 2026182098.932.87$18,005
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025185056.664.41$10,482
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025183062.743.08$11,481
Aug 20250063.933.01$0
Jul 20251066.743.32$67
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025175062.363.54$10,913
Mar 20250067.704.27$0
Feb 2025190070.884.34$13,467
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20241079.932.15$80
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024178080.301.55$14,293
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023176077.892.81$13,709
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023183080.522.67$14,735
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023176070.622.23$12,429
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023190076.533.39$14,541
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022189084.888.16$16,042
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 20221680109.378.43$18,374
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022198091.054.86$18,028
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021182079.795.71$14,522
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021183069.493.38$12,717
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021180061.302.72$11,034
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020161038.772.71$6,242
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020179039.982.39$7,156
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202055014.751.80$811
Mar 2020011330.341.86$210
Feb 202004949.881.98$97
Jan 202006457.252.09$134
Dec 20191918159.012.30$11,458
Nov 201908755.302.75$239
Oct 201907253.472.42$174
Sep 201907455.052.66$197
Aug 201908353.112.30$191
Jul 201905156.272.46$125
Jun 20191631552.782.49$8,641
May 201903358.482.74$90
Apr 201904562.632.75$124
Mar 20191776056.803.06$10,237
Feb 201905050.852.79$140
Jan 201904346.033.23$139
Dec 201808146.594.19$339
Nov 201816411152.934.24$9,151
Oct 201805561.443.40$187
Sep 201807359.543.11$227
Aug 201807559.403.07$230
Jul 201806165.142.93$179
Jun 201804960.183.08$151
May 20181845065.382.90$12,175
Apr 201802363.842.90$67
Mar 201806361.222.79$176
Feb 201804461.782.77$122
Jan 201806762.874.01$269
Dec 20171759157.272.92$10,288
Nov 201708455.423.12$262
Oct 201707249.292.98$215
Sep 201707147.523.09$219
Aug 201705345.373.00$159
Jul 201706543.873.09$201
Jun 20171787742.493.09$7,801
May 201708745.373.26$284
Apr 201709047.933.21$289
Mar 201709146.772.98$272
Feb 201706950.452.95$204
Jan 20171678249.413.42$8,532
Dec 201608348.763.72$309
Nov 201608042.492.64$212
Oct 201608046.193.09$247
Sep 201609241.553.10$285
Aug 20161819341.442.92$7,773
Jul 2016014441.622.92$421
Jun 2016012645.352.69$338
May 2016013842.521.99$275
Apr 2016013136.561.99$261
Mar 201618313133.011.79$6,276
Feb 2016012526.472.06$258
Jan 2016013227.352.36$312
Dec 2015013332.362.00$266
Nov 2015013238.792.17$286
Oct 201518010143.552.43$8,084
Sep 201509942.992.76$273
Aug 2015011140.162.87$319
Jul 201504248.152.95$124
Jun 201504756.152.88$135
May 2015012055.212.96$355
Apr 201516812449.822.71$8,705
Mar 2015011342.892.93$332
Feb 201509844.662.98$292
Jan 201508743.433.10$270
Dec 201418613554.693.59$10,657
Nov 2014013970.464.25$591
Oct 2014013578.303.90$527
Sep 2014014386.164.05$579
Aug 201418015289.394.04$16,704
Jul 2014014296.564.18$594
Jun 2014014598.164.74$687
May 2014013594.734.73$638
Apr 2014013895.944.81$664
Mar 201418513995.895.06$18,443
Feb 2014012697.406.19$780
Jan 2014010690.404.86$515
Dec 2013010691.824.35$462
Nov 201318310688.853.74$16,656
Oct 201318711997.423.78$18,667
Sep 2013044104.113.72$164
Aug 2013036104.253.52$127
Jul 20130243102.523.72$903
Jun 2013024794.403.93$972
May 2013028894.834.15$1,195
Apr 201318128293.964.28$18,214
Mar 2013029293.623.91$1,143
Feb 2013026891.233.42$917
Jan 201317629491.603.42$17,127
Dec 2012029686.773.42$1,012
Nov 2012028486.953.62$1,029
Oct 201216930089.383.40$16,125
Sep 2012030894.672.92$899
Aug 2012032192.662.91$934
Jul 2012029385.133.02$885
Jun 201217531279.822.52$14,754
May 2012035891.612.49$891
Apr 2012185323101.652.00$19,450
Mar 20120347105.052.22$771
Feb 20120354101.102.57$910
Jan 2012035798.092.73$976
Dec 201118834696.873.24$19,333
Nov 2011038095.723.31$1,258
Oct 2011035384.983.65$1,288
Sep 201116831883.623.99$15,316
Aug 2011027483.404.15$1,137
Jul 2011026294.144.52$1,184
Jun 201117929492.904.64$17,993
May 2011028298.134.40$1,242
Apr 20110263105.964.33$1,140
Mar 201117225996.364.06$17,625
Feb 2011025085.644.18$1,045
Jan 201118531486.504.59$17,443
Dec 2010037285.734.35$1,617
Nov 2010039480.843.80$1,495
Oct 201016741078.103.51$14,481
Sep 2010041972.633.98$1,667
Aug 201019145973.684.42$16,101
Jul 2010040872.554.74$1,932
Jun 201018038070.364.91$14,531
May 2010035771.124.24$1,512
Apr 201018037281.694.12$16,238
Mar 2010042178.394.39$1,848
Feb 2010039173.585.44$2,128
Jan 201018940274.365.96$16,452
Dec 2009044771.445.48$2,451
Nov 2009044574.593.75$1,669
Oct 200917445172.544.11$14,476
Sep 2009042865.543.06$1,312
Aug 200917444267.423.22$13,154
Jul 2009045061.133.46$1,559
Jun 2009037166.163.90$1,445
May 200917738054.743.93$11,181
Apr 2009041146.773.59$1,474
Mar 200918844142.144.06$9,712
Feb 2009039432.814.63$1,825
Jan 2009048635.865.37$2,610
Dec 200818745237.105.98$9,639
Nov 2008043655.496.86$2,991
Oct 200819946475.246.92$18,185
Sep 20080433101.767.88$3,411
Aug 2008191451114.228.48$25,642
Jul 20080427131.0811.39$4,863
Jun 20081426131.3313.03$5,683
May 2008194523123.1711.57$29,948
Apr 20080514110.3110.45$5,374
Mar 2008195525101.909.66$24,944
Feb 2008049192.538.77$4,306
Jan 200819548990.388.21$21,637
Dec 2007049188.337.30$3,585
Nov 2007056391.677.29$4,105
Oct 200719458682.856.92$20,129
Sep 2007058275.846.24$3,634
Aug 200719259769.066.39$17,073
Jul 2007058570.906.39$3,737
Jun 200719654062.007.55$16,228
May 2007062158.747.85$4,873
Apr 2007057459.617.81$4,480
Mar 200719263756.927.30$15,580
Feb 2007046255.108.22$3,796
Jan 200718967350.306.73$14,034
Dec 200619360156.656.92$15,091
Nov 2006056254.207.62$4,281
Oct 2006058154.906.01$3,494
Sep 2006058860.085.04$2,962
Aug 200618639768.717.34$15,694
Jul 200619275569.376.34$18,108
Jun 2006070466.286.38$4,494
May 2006078366.016.42$5,031
Apr 200619477064.397.36$18,159
Mar 2006082356.707.08$5,829
Feb 200619972457.597.75$17,072
Jan 2006075560.598.93$6,745
Dec 200517784554.9413.42$21,060
Nov 200519170354.6910.59$17,889
Oct 2005064558.3413.80$8,898
Sep 200519178861.4512.08$21,255
Aug 200519283061.519.80$19,941
Jul 2005035755.697.84$2,800
Jun 20051921,08252.337.38$18,034
May 2005076545.226.65$5,088
Apr 200519275249.207.36$14,981
Mar 2005083550.377.15$5,974
Feb 200519248845.226.31$11,762
Jan 200519682243.166.32$13,656
Dec 200419346839.866.75$10,852
Nov 200419468845.286.33$13,140
Oct 2004089949.706.52$5,857
Sep 200419589543.245.28$13,161
Aug 2004093842.375.55$5,207
Jul 200418894638.286.08$12,952
Jun 200419792136.106.43$13,037
May 2004098437.486.49$6,391
Apr 200418891634.475.86$11,847
Mar 20041901,03034.365.53$12,224
Feb 200419599032.455.51$11,782
Jan 20041941,07632.036.30$12,992
Dec 20031861,09630.266.30$12,535
Nov 20031941,00928.804.60$10,224
Oct 20031861,27328.174.76$11,299
Sep 20031861,33826.314.75$11,248
Aug 20031911,37229.765.13$12,722
Jul 2003741,46829.415.17$9,767

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                  180 bbl  × $106.41 =    $19,154
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,154

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/24398 is the state's own key, not one this site invented.