LAURA

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 24594District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$703 k
Jul 2004 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
263
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
OilDisposition8,619 bbl$546,813
Casinghead gasProduction33,424 Mcf$156,142
Total$702,955

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 30.4356, -96.6778. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43558, -96.67781 · 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
8,226 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 8,226 ft.

Completions filed
Jul 2004
1 of 1 wells

1 well

42-0513127018,226 ftJul 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 (263)

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

263 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20261063.503.75$64
Jan 2026174059.138.00$10,289
Dec 20251056.664.41$57
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20251066.743.32$67
Jun 2025179066.483.13$11,900
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20251067.704.27$68
Feb 20250070.884.34$0
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 2024179079.932.15$14,307
Jun 20240078.082.63$0
May 20241078.812.20$79
Apr 20242084.451.66$169
Mar 20240080.301.55$0
Feb 20241076.091.78$76
Jan 2024170073.023.30$12,413
Dec 20231071.262.61$71
Nov 20231077.892.81$78
Oct 20230085.443.09$0
Sep 20231089.042.74$89
Aug 20230080.522.67$0
Jul 2023173074.852.64$12,949
Jun 20232068.962.26$138
May 20230070.622.23$0
Apr 20231078.122.24$78
Mar 2023176072.852.39$12,822
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022177076.415.73$13,525
Nov 20220085.005.65$0
Oct 20221087.185.86$87
Sep 20220084.888.16$0
Aug 2022174094.529.13$16,446
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 20221800109.378.43$19,687
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022177081.844.54$14,486
Dec 20210071.323.90$0
Nov 2021133077.435.24$10,298
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021177066.024.22$11,686
Jul 20210070.783.98$0
Jun 20211069.493.38$69
May 2021180063.483.02$11,426
Apr 20210060.362.76$0
Mar 2021179061.302.72$10,973
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020159044.642.68$7,098
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020171037.091.99$6,342
Aug 20200039.982.39$0
Jul 2020173038.371.83$6,638
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020118014.751.80$1,741
Mar 2020172030.341.86$5,218
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019171059.012.30$10,091
Nov 20190055.302.75$0
Oct 2019146053.472.42$7,807
Sep 2019175055.052.66$9,634
Aug 2019134153.112.30$839
Jul 2019055256.272.46$1,358
Jun 201917257252.782.49$10,503
May 2019161158.482.74$1,733
Apr 201917963562.632.75$12,957
Mar 20197410156.803.06$4,512
Feb 2019015850.852.79$441
Jan 20191561046.033.23$7,213
Dec 201801346.594.19$54
Nov 20181111052.934.24$5,918
Oct 201807361.443.40$248
Sep 2018019559.543.11$606
Aug 201816713459.403.07$10,331
Jul 201807265.142.93$211
Jun 201807360.183.08$225
May 201814220965.382.90$9,890
Apr 2018024163.842.90$699
Mar 2018025161.222.79$700
Feb 201817822561.782.77$11,619
Jan 2018024262.874.01$970
Dec 20179322357.272.92$5,978
Nov 201717827455.423.12$10,719
Oct 20174727649.292.98$3,140
Sep 2017023947.523.09$738
Aug 2017019945.373.00$598
Jul 2017025043.873.09$772
Jun 2017123542.493.09$768
May 2017126145.373.26$897
Apr 201717524647.933.21$9,178
Mar 2017025946.772.98$773
Feb 2017023650.452.95$697
Jan 2017025449.413.42$868
Dec 2016027148.763.72$1,009
Nov 2016025342.492.64$669
Oct 2016026646.193.09$822
Sep 201618025841.553.10$8,279
Aug 2016023841.442.92$696
Jul 2016021741.622.92$635
Jun 2016017045.352.69$457
May 201616914642.521.99$7,477
Apr 2016012136.561.99$241
Mar 2016014733.011.79$264
Feb 2016018226.472.06$376
Jan 2016015727.352.36$371
Dec 2015017432.362.00$348
Nov 2015016138.792.17$349
Oct 2015016243.552.43$393
Sep 2015015742.992.76$433
Aug 201518116740.162.87$7,749
Jul 2015219648.152.95$674
Jun 201508656.152.88$248
May 2015011155.212.96$328
Apr 2015013249.822.71$357
Mar 2015015842.892.93$464
Feb 2015013344.662.98$396
Jan 2015015243.433.10$471
Dec 2014015954.693.59$571
Nov 201416414870.464.25$12,185
Oct 2014014978.303.90$581
Sep 2014015186.164.05$611
Aug 2014015689.394.04$629
Jul 2014016596.564.18$690
Jun 2014016298.164.74$767
May 2014116594.734.73$875
Apr 2014014595.944.81$697
Mar 2014016195.895.06$814
Feb 2014014897.406.19$916
Jan 201417215390.404.86$16,292
Dec 2013016591.824.35$718
Nov 2013016288.853.74$606
Oct 2013017197.423.78$646
Sep 20130171104.113.72$636
Aug 20130174104.253.52$613
Jul 20130172102.523.72$639
Jun 2013015994.403.93$625
May 2013015594.834.15$643
Apr 201316716693.964.28$16,402
Mar 2013013293.623.91$517
Feb 2013014791.233.42$503
Jan 2013015691.603.42$534
Dec 2012016286.773.42$554
Nov 2012015686.953.62$565
Oct 2012017189.383.40$581
Sep 2012016094.672.92$467
Aug 2012016592.662.91$480
Jul 2012014885.133.02$447
Jun 201216014879.822.52$13,144
May 2012015691.612.49$388
Apr 20120162101.652.00$323
Mar 20120168105.052.22$373
Feb 20120160101.102.57$411
Jan 2012018198.092.73$495
Dec 2011016596.873.24$535
Nov 201115816695.723.31$15,673
Oct 2011016584.983.65$602
Sep 2011018283.623.99$725
Aug 2011018283.404.15$755
Jul 2011017394.144.52$781
Jun 2011018292.904.64$844
May 2011016098.134.40$705
Apr 20110165105.964.33$715
Mar 201116515696.364.06$16,532
Feb 2011015285.644.18$635
Jan 2011016286.504.59$743
Dec 2010014385.734.35$622
Nov 2010016580.843.80$626
Oct 2010017878.103.51$625
Sep 2010016772.633.98$665
Aug 2010017973.684.42$791
Jul 2010018272.554.74$862
Jun 2010017270.364.91$845
May 201017016971.124.24$12,806
Apr 2010016781.694.12$688
Mar 2010018178.394.39$794
Feb 2010017173.585.44$931
Jan 2010018274.365.96$1,085
Dec 2009018771.445.48$1,025
Nov 2009018374.593.75$687
Oct 2009018672.544.11$765
Sep 2009017965.543.06$549
Aug 200917218367.423.22$12,185
Jul 2009017761.133.46$613
Jun 2009016966.163.90$658
May 2009018654.743.93$730
Apr 2009017846.773.59$639
Mar 2009019642.144.06$796
Feb 2009017232.814.63$797
Jan 20090035.865.37$0
Dec 200818319337.105.98$7,943
Nov 2008018655.496.86$1,276
Oct 2008018075.246.92$1,246
Sep 20080188101.767.88$1,481
Aug 20080174114.228.48$1,476
Jul 20080195131.0811.39$2,221
Jun 20080192131.3313.03$2,502
May 20080198123.1711.57$2,292
Apr 2008167195110.3110.45$20,460
Mar 20080201101.909.66$1,942
Feb 2008017692.538.77$1,544
Jan 2008022190.388.21$1,813
Dec 2007018088.337.30$1,314
Nov 2007019691.677.29$1,429
Oct 2007019782.856.92$1,364
Sep 200716518675.846.24$13,675
Aug 2007013869.066.39$882
Jul 2007019870.906.39$1,265
Jun 2007015262.007.55$1,147
May 2007017458.747.85$1,365
Apr 2007019959.617.81$1,553
Mar 2007015556.927.30$1,132
Feb 2007015755.108.22$1,290
Jan 200718418350.306.73$10,486
Dec 2006017156.656.92$1,183
Nov 2006018754.207.62$1,424
Oct 2006018954.906.01$1,137
Sep 2006018860.085.04$947
Aug 2006019868.717.34$1,453
Jul 2006016469.376.34$1,040
Jun 2006017666.286.38$1,124
May 200618416466.016.42$13,200
Apr 2006017664.397.36$1,295
Mar 200618556.707.08$659
Feb 200602857.597.75$217
Jan 200604960.598.93$438
Dec 2005010354.9413.42$1,382
Nov 200519013854.6910.59$11,852
Oct 2005021258.3413.80$2,925
Sep 2005117761.4512.08$2,199
Aug 2005019661.519.80$1,920
Jul 2005015955.697.84$1,247
Jun 2005018552.337.38$1,365
May 200516423245.226.65$8,959
Apr 2005121949.207.36$1,661
Mar 2005020050.377.15$1,431
Feb 2005020745.226.31$1,307
Jan 2005023943.166.32$1,511
Dec 200411323539.866.75$6,091
Nov 2004018345.286.33$1,158
Oct 2004021549.706.52$1,401
Sep 2004019043.245.28$1,004
Aug 2004022442.375.55$1,243
Jul 2004024538.286.08$1,491

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                    1 bbl  × $ 63.50 =        $64
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                      $64

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/24594 is the state's own key, not one this site invented.