GOODRICH, LEVI UNIT NO. 2

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 24440District 03Field 34733500ST-1 filingOilCasinghead gasSaveExport
Value, all time
$69.7 M
Nov 2003 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
271
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
ST-11none237955

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition767,488 bbl$51,115,685
Casinghead gasProduction4,020,869 Mcf$18,578,215
Total$69,693,900

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 30.2393, -96.6866. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.3 miles.

30.23928, -96.68656 · 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,904 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
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.
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 10,589 and 13,219 ft, median 11,904 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2004 – Oct 2020
2 of 2 wells

2 wells

42-477311353H10,589 ftOct 2020Yes
42-47730681113,219 ftFeb 2004

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 (271)

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

271 months

May 20262,39312,381106.413.05$292,350
Apr 20265862,21098.932.87$64,315
Mar 2026120089.753.15$10,770
Feb 20267986,14563.503.75$73,719
Jan 20262,19817,21459.138.00$267,644
Dec 20252,896056.664.41$164,087
Nov 20252,82418,78958.593.93$239,232
Oct 20252,86120,69959.383.30$238,293
Sep 20253,47422,50062.743.08$287,189
Aug 20252,56122,31663.933.01$231,002
Jul 20250166.743.32$3
Jun 20257985,90766.483.13$71,532
May 20253,03322,51860.553.23$256,434
Apr 20252,49218,74462.363.54$221,813
Mar 20252,23319,30167.704.27$233,557
Feb 20252,65023,00570.884.34$287,693
Jan 202542249674.324.28$33,485
Dec 20241,6989,86368.993.12$147,931
Nov 20243,17917,93769.052.20$258,943
Oct 20242,76319,47271.372.28$241,619
Sep 20243,14819,25369.612.36$264,653
Aug 20243,69920,62875.632.06$322,324
Jul 20243,14018,15079.932.15$289,941
Jun 20243,19721,07578.082.63$305,133
May 20243,21328,69978.812.20$316,310
Apr 20249076,12084.451.66$86,750
Mar 20243,56423,62480.301.55$322,691
Feb 20242,69421,41676.091.78$243,185
Jan 202493525,38273.023.30$151,975
Dec 20231,70930,91371.262.61$202,489
Nov 20231,09229,20577.892.81$167,051
Oct 20231,47032,28185.443.09$225,257
Sep 20231,48831,78589.042.74$219,425
Aug 20232,06033,18780.522.67$254,576
Jul 20232,42834,14374.852.64$271,935
Jun 20233,47933,32868.962.26$315,182
May 20233,67433,60970.622.23$334,319
Apr 20233,75234,10178.122.24$369,416
Mar 20233,42236,49872.852.39$336,638
Feb 20233,94131,28975.112.47$373,157
Jan 20235,86236,91276.533.39$573,666
Dec 20225,98531,78476.415.73$639,407
Nov 20227,04140,48085.005.65$827,043
Oct 20226,73942,94387.185.86$839,313
Sep 20226,88242,53484.888.16$931,378
Aug 20228,65351,18794.529.13$1,285,074
Jul 20228,53353,462101.587.54$1,269,997
Jun 20229,25756,504115.097.98$1,516,132
May 202211,57653,280109.378.43$1,715,379
Apr 202212,54249,434104.226.84$1,645,137
Mar 202210,83443,446108.885.08$1,400,155
Feb 20228,63435,23791.054.86$957,337
Jan 20226864,78481.844.54$77,851
Dec 20216,39232,25671.323.90$581,647
Nov 202111,82058,26377.435.24$1,220,337
Oct 202110,68754,58079.795.71$1,164,579
Sep 202113,01665,52469.865.35$1,259,911
Aug 202115,03273,03866.024.22$1,300,676
Jul 202115,45373,75070.783.98$1,387,442
Jun 202117,46774,71569.493.38$1,466,365
May 202122,01587,76063.483.02$1,662,343
Apr 202119,04270,14260.362.76$1,342,856
Mar 202125,65792,12061.302.72$1,823,059
Feb 202119,49870,65857.805.55$1,518,991
Jan 202130,297109,66750.412.81$1,835,466
Dec 202034,625124,74644.642.68$1,879,413
Nov 202034,787140,74038.772.71$1,729,615
Oct 202023,95387,12736.972.48$1,101,481
Sep 202016248037.091.99$6,964
Aug 20203561,55039.982.39$17,930
Jul 20201,0613,71038.371.83$47,482
Jun 202007134.901.69$120
May 20203511,17016.921.81$8,062
Apr 20205482,96414.751.80$13,431
Mar 20205353,04330.341.86$21,880
Feb 20205383,53949.881.98$33,845
Jan 20205353,26757.252.09$37,472
Dec 20195292,69759.012.30$37,431
Nov 20195313,23155.302.75$38,252
Oct 20197133,93553.472.42$47,641
Sep 20195303,87255.052.66$39,465
Aug 20196982,74853.112.30$43,403
Jul 20197023,78256.272.46$48,805
Jun 20195253,57652.782.49$36,618
May 20193511,74158.482.74$25,297
Apr 201971876762.632.75$47,078
Mar 20195483,91856.803.06$43,124
Feb 20197363,48850.852.79$47,165
Jan 201973749146.033.23$35,509
Dec 201856848546.594.19$28,493
Nov 20187234,05152.934.24$55,433
Oct 20187114,16361.443.40$57,830
Sep 20187283,98059.543.11$55,715
Aug 20185553,81059.403.07$44,651
Jul 20187293,58765.142.93$58,004
Jun 20185463,50960.183.08$43,655
May 20187543,43565.382.90$59,261
Apr 20185633,68663.842.90$46,634
Mar 20187663,37461.222.79$56,297
Feb 20185824,03961.782.77$47,128
Jan 20185822,20762.874.01$45,439
Dec 20175813,60057.272.92$43,791
Nov 20177663,80755.423.12$54,323
Oct 20177614,10449.292.98$49,755
Sep 20175723,23447.523.09$37,166
Aug 201756149645.373.00$26,943
Jul 20175591,15043.873.09$28,074
Jun 20177643,56342.493.09$43,462
May 20175703,83945.373.26$38,389
Apr 20175703,75147.933.21$39,367
Mar 20179383,99446.772.98$55,787
Feb 20175663,67650.452.95$39,408
Jan 20177504,15749.413.42$51,269
Dec 20167524,30548.763.72$52,694
Nov 20165624,02542.492.64$34,523
Oct 20167554,08446.193.09$47,494
Sep 20167403,99841.553.10$43,143
Aug 20167344,22041.442.92$42,758
Jul 20167514,10341.622.92$43,255
Jun 20167533,58645.352.69$43,780
May 20165483,96342.521.99$31,191
Apr 20169103,88536.561.99$41,005
Mar 201655741033.011.79$19,122
Feb 20167403,97626.472.06$27,793
Jan 20167494,27727.352.36$30,598
Dec 20157573,29832.362.00$31,097
Nov 20157593,25338.792.17$36,492
Oct 20157374,03743.552.43$41,892
Sep 20155753,14442.992.76$33,392
Aug 20159503,24340.162.87$47,467
Jul 20157544,26148.152.95$48,854
Jun 20157583,38256.152.88$52,312
May 20157694,45055.212.96$55,608
Apr 20157534,37649.822.71$49,358
Mar 20157634,48542.892.93$45,887
Feb 20157753,99744.662.98$46,507
Jan 20157764,57843.433.10$47,896
Dec 20149774,36054.693.59$69,090
Nov 20147864,12870.464.25$72,933
Oct 20147574,71878.303.90$77,678
Sep 20147685,15986.164.05$87,041
Aug 20145773,54089.394.04$65,862
Jul 20147674,31396.564.18$92,088
Jun 20147714,51298.164.74$97,054
May 20149404,78294.734.73$111,649
Apr 20145824,71695.944.81$78,517
Mar 20147684,81595.895.06$97,992
Feb 20147704,55497.406.19$103,196
Jan 20147854,99790.404.86$95,253
Dec 20139675,01191.824.35$110,610
Nov 20137704,86588.853.74$86,601
Oct 20137714,98797.423.78$93,958
Sep 20139405,155104.113.72$117,028
Aug 20131,1225,365104.253.52$135,867
Jul 20139465,369102.523.72$116,944
Jun 20139535,34594.403.93$110,987
May 20139576,49294.834.15$117,688
Apr 20135783,54193.964.28$69,474
Mar 20137695,21493.623.91$92,395
Feb 20139755,31591.233.42$107,126
Jan 20131,1656,01891.603.42$127,295
Dec 20129475,85986.773.42$102,210
Nov 20121,1605,89786.953.62$122,238
Oct 20129345,45889.383.40$102,036
Sep 20121,1485,67494.672.92$125,240
Aug 20121,1406,11992.662.91$123,427
Jul 20129475,78985.133.02$98,106
Jun 20129275,84579.822.52$88,717
May 20121,1175,95591.612.49$117,146
Apr 20121,1375,747101.652.00$127,052
Mar 20121,1365,981105.052.22$132,627
Feb 20121,1315,131101.102.57$127,532
Jan 20121,1606,12798.092.73$130,536
Dec 20111,1286,30396.873.24$129,689
Nov 20119445,33395.723.31$108,019
Oct 20111,1615,63584.983.65$119,221
Sep 20119365,28283.623.99$99,321
Aug 20111,0895,80883.404.15$114,922
Jul 20111,1415,80694.144.52$133,641
Jun 20111,1396,21792.904.64$134,659
May 20111,1466,36998.134.40$140,511
Apr 20111,1345,839105.964.33$145,461
Mar 20111,1536,02596.364.06$135,549
Feb 20111,1655,61285.644.18$123,229
Jan 20111,1615,92986.504.59$127,633
Dec 20101,3706,11685.734.35$144,041
Nov 20101,1616,15480.843.80$117,212
Oct 20101,1616,70578.103.51$114,201
Sep 20101,3466,51172.633.98$123,670
Aug 20101,3316,88073.684.42$128,473
Jul 20101,3276,63972.554.74$127,719
Jun 20101,3356,84070.364.91$127,518
May 20101,3467,08171.124.24$125,717
Apr 20101,1645,63881.694.12$118,331
Mar 20101,3537,24078.394.39$137,836
Feb 20101,3426,39273.585.44$133,532
Jan 20101,3617,02674.365.96$143,108
Dec 20091,5517,49571.445.48$151,904
Nov 20091,5477,04874.593.75$141,831
Oct 20091,3487,69072.544.11$129,392
Sep 20091,5137,45065.543.06$121,994
Aug 20091,7008,01267.423.22$140,401
Jul 20091,5157,58061.133.46$118,873
Jun 20091,3427,52066.163.90$118,077
May 20091,5448,14654.743.93$116,498
Apr 20091,3596,89746.773.59$88,303
Mar 20091,3667,18442.144.06$86,723
Feb 20091,3667,09032.814.63$77,666
Jan 20091,5698,25435.865.37$100,597
Dec 20081,7728,29737.105.98$115,334
Nov 20081,3727,38655.496.86$126,803
Oct 20081,7519,25875.246.92$195,829
Sep 20081,5318,702101.767.88$224,341
Aug 20081,5428,790114.228.48$250,693
Jul 20081,7419,393131.0811.39$335,191
Jun 20081,5448,983131.3313.03$319,846
May 20081,7369,193123.1711.57$320,226
Apr 20081,7428,920110.3110.45$285,417
Mar 20081,55910,053101.909.66$256,015
Feb 20081,7339,06992.538.77$239,895
Jan 20081,7449,46790.388.21$235,306
Dec 20071,7629,57688.337.30$225,561
Nov 20071,9479,16691.677.29$245,317
Oct 20071,91910,08082.856.92$228,763
Sep 20071,90810,26675.846.24$208,805
Aug 20071,8809,89769.066.39$193,054
Jul 20072,11810,51670.906.39$217,342
Jun 20071,91710,30662.007.55$196,648
May 20072,12910,96358.747.85$211,076
Apr 20072,09211,26159.617.81$212,598
Mar 20072,35712,00756.927.30$221,835
Feb 20072,18711,16355.108.22$212,219
Jan 20072,35912,87850.306.73$205,286
Dec 20062,51613,08856.656.92$233,080
Nov 20062,35812,79654.207.62$225,277
Oct 20062,70613,77954.906.01$231,424
Sep 20062,49113,99160.085.04$220,135
Aug 20062,71415,08268.717.34$297,180
Jul 20062,72315,59769.376.34$287,823
Jun 20062,87515,49966.286.38$289,499
May 20063,31316,72066.016.42$326,117
Apr 20063,29017,39664.397.36$339,886
Mar 20063,74619,17456.707.08$348,206
Feb 20063,70319,05557.597.75$360,953
Jan 20064,89524,52860.598.93$515,705
Dec 20053,92718,32754.9413.42$461,613
Nov 20057372,95654.6910.59$71,606
Oct 20051,97511,85558.3413.80$278,770
Sep 20051,97611,78761.4512.08$263,800
Aug 20052,54312,82261.519.80$282,035
Jul 20052,15713,45655.697.84$225,667
Jun 20052,53314,93152.337.38$242,758
May 20052,55516,53745.226.65$225,527
Apr 20052,70917,38349.207.36$261,230
Mar 20053,34021,39950.377.15$321,343
Feb 20052,48512,39345.226.31$190,595
Jan 20057925,08443.166.32$66,325
Dec 20041,56410,78339.866.75$135,138
Nov 20041,32210,79945.286.33$128,222
Oct 20041,95114,74949.706.52$193,056
Sep 20041,3478,86743.245.28$105,097
Aug 20042,74717,49842.375.55$213,516
Jul 20043,08820,82238.286.08$244,893
Jun 20044,46225,77736.106.43$326,902
May 20046,95537,31337.486.49$503,006
Apr 200410,90553,40634.475.86$688,772
Mar 20043,28516,70134.365.53$205,231
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$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.

May 2026 — as filed, then multipliedworked
Oil                2,393 bbl  × $106.41 =   $254,639
Casinghead gas    12,381 Mcf  × $  3.05 =    $37,711

────────────────────────────────────────────────────
Month total                                 $292,350

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/24440 is the state's own key, not one this site invented.