ARMSTRONG-ARMSTRONG 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 24548District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 2004 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
269
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
OilDisposition14,466 bbl$823,963
Casinghead gasProduction190,751 Mcf$1,101,047
Total$1,925,011

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 30.0177, -96.8788. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.01775, -96.87882 · 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
13,761 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 13,761 ft.

Completions filed
Jan 2004
1 of 1 wells

1 well

42-149325851RE13,761 ftJan 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 (269)

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

269 months

May 2026063106.413.05$192
Apr 20260098.932.87$0
Mar 20261784089.753.15$16,101
Feb 202606163.503.75$229
Jan 202606159.138.00$488
Dec 202507456.664.41$327
Nov 20250058.593.93$0
Oct 202508259.383.30$271
Sep 202505962.743.08$182
Aug 2025011263.933.01$338
Jul 202507266.743.32$239
Jun 20250066.483.13$0
May 202507460.553.23$239
Apr 202507662.363.54$269
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202507774.324.28$329
Dec 202403768.993.12$115
Nov 20240069.052.20$0
Oct 202405071.372.28$114
Sep 202403869.612.36$90
Aug 202406175.632.06$126
Jul 20240079.932.15$0
Jun 202405478.082.63$142
May 202404678.812.20$101
Apr 202404784.451.66$78
Mar 202405280.301.55$80
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202305571.262.61$144
Nov 202306277.892.81$174
Oct 202306185.443.09$188
Sep 202303989.042.74$107
Aug 202303880.522.67$102
Jul 202305174.852.64$135
Jun 202301768.962.26$38
May 20231365770.622.23$9,731
Apr 202305278.122.24$116
Mar 20230072.852.39$0
Feb 202306075.112.47$148
Jan 202306376.533.39$213
Dec 202206076.415.73$344
Nov 202203685.005.65$203
Oct 202206287.185.86$364
Sep 202205684.888.16$457
Aug 202206594.529.13$593
Jul 2022065101.587.54$490
Jun 2022068115.097.98$542
May 2022075109.378.43$632
Apr 2022062104.226.84$424
Mar 2022066108.885.08$335
Feb 202205091.054.86$243
Jan 202208881.844.54$399
Dec 2021010071.323.90$390
Nov 20210077.435.24$0
Oct 20210279.795.71$11
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210157.805.55$6
Jan 2021018150.412.81$509
Dec 2020041644.642.68$1,113
Nov 2020010738.772.71$290
Oct 20200036.972.48$0
Sep 202055037.091.99$2,040
Aug 2020025839.982.39$615
Jul 2020032738.371.83$597
Jun 202016430434.901.69$6,237
May 2020027316.921.81$495
Apr 2020026414.751.80$476
Mar 2020030330.341.86$562
Feb 2020023049.881.98$456
Jan 202017529257.252.09$10,630
Dec 2019027759.012.30$638
Nov 2019029855.302.75$820
Oct 2019029153.472.42$704
Sep 2019029355.052.66$779
Aug 2019029453.112.30$677
Jul 2019028156.272.46$691
Jun 201917430352.782.49$9,939
May 2019032458.482.74$888
Apr 2019030962.632.75$850
Mar 2019025556.803.06$781
Feb 2019026150.852.79$729
Jan 2019032846.033.23$1,059
Dec 201818934546.594.19$10,249
Nov 2018030852.934.24$1,305
Oct 2018039361.443.40$1,335
Sep 2018040559.543.11$1,259
Aug 2018039859.403.07$1,220
Jul 2018041465.142.93$1,214
Jun 2018031560.183.08$969
May 201817341165.382.90$12,503
Apr 2018042263.842.90$1,224
Mar 2018044461.222.79$1,237
Feb 2018032361.782.77$893
Jan 2018043662.874.01$1,748
Dec 2017044357.272.92$1,294
Nov 201717041055.423.12$10,700
Oct 2017039849.292.98$1,188
Sep 2017040247.523.09$1,241
Aug 2017042845.373.00$1,286
Jul 2017047243.873.09$1,457
Jun 2017041342.493.09$1,275
May 2017048545.373.26$1,583
Apr 201716740047.933.21$9,289
Mar 2017040646.772.98$1,211
Feb 2017045250.452.95$1,335
Jan 2017051349.413.42$1,754
Dec 2016041448.763.72$1,541
Nov 2016042842.492.64$1,132
Oct 201617447846.193.09$9,514
Sep 2016046641.553.10$1,445
Aug 2016037441.442.92$1,094
Jul 2016050641.622.92$1,480
Jun 2016049045.352.69$1,316
May 2016050642.521.99$1,007
Apr 201617350436.561.99$7,328
Mar 2016051733.011.79$928
Feb 2016053126.472.06$1,096
Jan 2016050927.352.36$1,203
Dec 2015057332.362.00$1,147
Nov 201516963138.792.17$7,923
Oct 2015065943.552.43$1,599
Sep 2015064042.992.76$1,765
Aug 2015057640.162.87$1,655
Jul 2015065048.152.95$1,914
Jun 201517263056.152.88$11,474
May 2015064855.212.96$1,915
Apr 2015162749.822.71$1,747
Mar 2015065642.892.93$1,925
Feb 201517755144.662.98$9,545
Jan 2015062743.433.10$1,944
Dec 2014067854.693.59$2,435
Nov 2014063470.464.25$2,696
Oct 201417366078.303.90$16,121
Sep 2014060986.164.05$2,464
Aug 2014067189.394.04$2,708
Jul 2014057496.564.18$2,399
Jun 2014056598.164.74$2,676
May 2014061094.734.73$2,883
Apr 201417754395.944.81$19,593
Mar 2014053695.895.06$2,710
Feb 2014054597.406.19$3,375
Jan 2014069090.404.86$3,354
Dec 201318469791.824.35$19,930
Nov 2013070088.853.74$2,617
Oct 2013069497.423.78$2,623
Sep 20130653104.113.72$2,428
Aug 2013179657104.253.52$20,975
Jul 20130654102.523.72$2,431
Jun 2013064394.403.93$2,529
May 2013066894.834.15$2,772
Apr 2013065193.964.28$2,788
Mar 201316952693.623.91$17,880
Feb 2013053591.233.42$1,830
Jan 2013061091.603.42$2,086
Dec 2012076186.773.42$2,603
Nov 201218273986.953.62$18,504
Oct 2012076889.383.40$2,611
Sep 2012040794.672.92$1,188
Aug 2012057792.662.91$1,678
Jul 201217062585.133.02$16,360
Jun 2012067979.822.52$1,710
May 2012068991.612.49$1,714
Apr 2012173776101.652.00$19,135
Mar 20120782105.052.22$1,738
Feb 20120760101.102.57$1,953
Jan 2012084298.092.73$2,302
Dec 201117184596.873.24$19,302
Nov 2011039595.723.31$1,308
Oct 2011151284.983.65$1,953
Sep 201117570583.623.99$17,443
Aug 2011085983.404.15$3,564
Jul 2011094494.144.52$4,264
Jun 201118482592.904.64$20,922
May 2011199898.134.40$4,494
Apr 20111958105.964.33$4,257
Mar 201115398596.364.06$18,740
Feb 2011191385.644.18$3,902
Jan 20111831,00086.504.59$20,418
Dec 201001,04685.734.35$4,548
Nov 20101721,07380.843.80$17,977
Oct 2010062278.103.51$2,183
Sep 2010086672.633.98$3,446
Aug 2010028573.684.42$1,260
Jul 2010034172.554.74$1,615
Jun 2010035870.364.91$1,758
May 2010041771.124.24$1,766
Apr 2010041581.694.12$1,711
Mar 2010042978.394.39$1,883
Feb 2010040073.585.44$2,177
Jan 2010043974.365.96$2,618
Dec 200912748471.445.48$11,727
Nov 2009054074.593.75$2,026
Oct 2009057972.544.11$2,380
Sep 2009056165.543.06$1,719
Aug 2009060067.423.22$1,931
Jul 2009059561.133.46$2,061
Jun 2009060666.163.90$2,360
May 2009044754.743.93$1,755
Apr 2009063846.773.59$2,289
Mar 2009074542.144.06$3,024
Feb 200918561832.814.63$8,933
Jan 2009080335.865.37$4,313
Dec 2008079237.105.98$4,734
Nov 2008078555.496.86$5,385
Oct 200819385075.246.92$20,405
Sep 20080824101.767.88$6,491
Aug 20080908114.228.48$7,703
Jul 20080949131.0811.39$10,809
Jun 20080909131.3313.03$11,847
May 20080834123.1711.57$9,653
Apr 2008156880110.3110.45$26,409
Mar 20080902101.909.66$8,717
Feb 2008079992.538.77$7,008
Jan 200816584090.388.21$21,806
Dec 2007088988.337.30$6,491
Nov 2007096891.677.29$7,058
Oct 2007471,44582.856.92$13,896
Sep 200701,44475.846.24$9,017
Aug 20071831,06569.066.39$19,441
Jul 200701,07570.906.39$6,867
Jun 20071851,05262.007.55$19,411
May 20071851,09558.747.85$19,459
Apr 20071851,18459.617.81$20,269
Mar 200701,28556.927.30$9,383
Feb 20071771,15455.108.22$19,234
Jan 200701,30750.306.73$8,792
Dec 20061881,35656.656.92$20,032
Nov 200601,33754.207.62$10,185
Oct 20061801,39454.906.01$18,265
Sep 200601,15160.085.04$5,798
Aug 20061731,31768.717.34$21,554
Jul 200601,32269.376.34$8,385
Jun 20061661,28166.286.38$19,180
May 20061811,38766.016.42$20,859
Apr 200601,42664.397.36$10,496
Mar 20061741,77256.707.08$22,417
Feb 20061811,71957.597.75$23,748
Jan 200601,92660.598.93$17,206
Dec 20051852,05354.9413.42$37,706
Nov 20051812,17454.6910.59$32,918
Oct 20051782,47258.3413.80$44,488
Sep 20051822,63361.4512.08$42,988
Aug 20051852,75561.519.80$38,370
Jul 200502,36355.697.84$18,535
Jun 20051662,26652.337.38$25,412
May 20053542,37745.226.65$31,818
Apr 20051832,42549.207.36$26,853
Mar 20051822,77350.377.15$29,008
Feb 20051822,62445.226.31$24,793
Jan 20051803,05043.166.32$27,052
Dec 20041743,26539.866.75$28,978
Nov 20041823,15645.286.33$28,220
Oct 20043302,27149.706.52$31,197
Sep 20041782,70243.245.28$21,974
Aug 20043572,87342.375.55$31,073
Jul 20041833,06538.286.08$25,653
Jun 20043223,50736.106.43$34,185
May 20045183,65837.486.49$43,172
Apr 20043543,22634.475.86$31,102
Mar 20045214,01534.365.53$40,105
Feb 20041,1347,40832.455.51$77,614
Jan 200412862032.036.30$8,006

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                    0 bbl  × $106.41 =         $0
Casinghead gas        63 Mcf  × $  3.05 =       $192

────────────────────────────────────────────────────
Month total                                     $192

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/24548 is the state's own key, not one this site invented.