SCHOENBERG

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 24980District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$2.1 M
Jan 2007 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
233
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
OilDisposition27,458 bbl$1,762,943
Casinghead gasProduction42,878 Mcf$293,955
Total$2,056,898

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 30.1107, -96.8569. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.11071, -96.85691 · 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
9,665 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 9,665 ft.

Completions filed
Jan 2007
1 of 1 wells

1 well

42-1493317619,665 ftJan 2007

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 (233)

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

233 months

May 202600106.413.05$0
Apr 2026178098.932.87$17,610
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025178063.933.01$11,380
Jul 202501366.743.32$43
Jun 202504166.483.13$128
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202501567.704.27$64
Feb 202503470.884.34$148
Jan 202505274.324.28$222
Dec 20240668.993.12$19
Nov 20241911069.052.20$13,211
Oct 202402371.372.28$52
Sep 202403369.612.36$78
Aug 202417324775.632.06$13,594
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202301078.122.24$22
Mar 202302072.852.39$48
Feb 20231821475.112.47$13,705
Jan 202302076.533.39$68
Dec 202202176.415.73$120
Nov 202202685.005.65$147
Oct 202201887.185.86$106
Sep 202201284.888.16$98
Aug 202201894.529.13$164
Jul 2022024101.587.54$181
Jun 2022031115.097.98$247
May 2022318109.378.43$480
Apr 2022023104.226.84$157
Mar 202219253108.885.08$21,174
Feb 202203391.054.86$160
Jan 202202181.844.54$95
Dec 202102871.323.90$109
Nov 202101277.435.24$63
Oct 202101779.795.71$97
Sep 202101569.865.35$80
Aug 202102866.024.22$118
Jul 202101070.783.98$40
Jun 202101369.493.38$44
May 202102963.483.02$88
Apr 202106760.362.76$185
Mar 202101961.302.72$52
Feb 202101257.805.55$67
Jan 202101150.412.81$31
Dec 20200244.642.68$5
Nov 2020162038.772.71$6,281
Oct 20200736.972.48$17
Sep 202002837.091.99$56
Aug 202002939.982.39$69
Jul 202001138.371.83$20
Jun 202002134.901.69$36
May 202002516.921.81$45
Apr 202003814.751.80$69
Mar 20201652830.341.86$5,058
Feb 202001349.881.98$26
Jan 202001057.252.09$21
Dec 20190959.012.30$21
Nov 201901455.302.75$39
Oct 201901253.472.42$29
Sep 201902055.052.66$53
Aug 201902353.112.30$53
Jul 201902156.272.46$52
Jun 201902552.782.49$62
May 20191481658.482.74$8,699
Apr 201902262.632.75$61
Mar 201903556.803.06$107
Feb 20191664150.852.79$8,556
Jan 201906346.033.23$203
Dec 20180046.594.19$0
Nov 201801652.934.24$68
Oct 201803761.443.40$126
Sep 201803859.543.11$118
Aug 201803859.403.07$117
Jul 201804065.142.93$117
Jun 201804260.183.08$129
May 201805265.382.90$151
Apr 201805263.842.90$151
Mar 2018197861.222.79$1,381
Feb 20181941961.782.77$12,038
Jan 201805562.874.01$221
Dec 201708857.272.92$257
Nov 201708455.423.12$262
Oct 20170049.292.98$0
Sep 201702347.523.09$71
Aug 201702945.373.00$87
Jul 201703643.873.09$111
Jun 20171784442.493.09$7,699
May 201703645.373.26$117
Apr 201704347.933.21$138
Mar 201706046.772.98$179
Feb 20171786450.452.95$9,169
Jan 201705949.413.42$202
Dec 201603248.763.72$119
Nov 201602942.492.64$77
Oct 201603046.193.09$93
Sep 201602641.553.10$81
Aug 20161812441.442.92$7,571
Jul 201603041.622.92$88
Jun 201604845.352.69$129
May 201603342.521.99$66
Apr 201601436.561.99$28
Mar 201603733.011.79$66
Feb 201603526.472.06$72
Jan 201603127.352.36$73
Dec 201503632.362.00$72
Nov 20151934238.792.17$7,578
Oct 201505543.552.43$133
Sep 201505642.992.76$154
Aug 201506640.162.87$190
Jul 201506048.152.95$177
Jun 201505156.152.88$147
May 201505655.212.96$166
Apr 20151856549.822.71$9,393
Mar 201504242.892.93$123
Feb 201502344.662.98$68
Jan 201502943.433.10$90
Dec 201404554.693.59$162
Nov 201402670.464.25$111
Oct 201401778.303.90$66
Sep 20140086.164.05$0
Aug 2014177089.394.04$15,822
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140295.944.81$10
Mar 2014177095.895.06$16,973
Feb 20140097.406.19$0
Jan 20140390.404.86$15
Dec 20130991.824.35$39
Nov 201301488.853.74$52
Oct 20131782597.423.78$17,435
Sep 2013024104.113.72$89
Aug 201305104.253.52$18
Jul 2013019102.523.72$71
Jun 201302894.403.93$110
May 20131926594.834.15$18,477
Apr 201301893.964.28$77
Mar 201305793.623.91$223
Feb 201306591.233.42$222
Jan 201304691.603.42$157
Dec 201206086.773.42$205
Nov 201206486.953.62$232
Oct 201208389.383.40$282
Sep 201218110894.672.92$17,450
Aug 2012012692.662.91$366
Jul 20121808485.133.02$15,577
Jun 201201279.822.52$30
May 20120791.612.49$17
Apr 201203101.652.00$6
Mar 201203105.052.22$7
Feb 20121922101.102.57$19,416
Jan 201202898.092.73$77
Dec 201101496.873.24$45
Nov 2011010395.723.31$341
Oct 201117712984.983.65$15,512
Sep 2011014183.623.99$562
Aug 20111897583.404.15$16,074
Jul 201106594.144.52$294
Jun 201106992.904.64$320
May 201108498.134.40$370
Apr 2011191101105.964.33$20,676
Mar 2011011996.364.06$483
Feb 20111929585.644.18$16,840
Jan 2011013686.504.59$624
Dec 201019213085.734.35$17,025
Nov 2010014980.843.80$566
Oct 2010014378.103.51$502
Sep 201018517472.633.98$14,129
Aug 2010019373.684.42$853
Jul 20107519472.554.74$6,360
Jun 201018728970.364.91$14,576
May 201019131171.124.24$14,901
Apr 2010024881.694.12$1,022
Mar 201018724078.394.39$15,712
Feb 2010011673.585.44$631
Jan 201019413874.365.96$15,249
Dec 2009010271.445.48$559
Nov 2009014274.593.75$533
Oct 200918618572.544.11$14,253
Sep 200919120765.543.06$13,153
Aug 2009023867.423.22$766
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200906854.743.93$267
Apr 200918619946.773.59$9,413
Mar 2009018642.144.06$755
Feb 200917817432.814.63$6,646
Jan 2009025835.865.37$1,386
Dec 200819031637.105.98$8,938
Nov 200838064855.496.86$25,532
Oct 200837298375.246.92$34,794
Sep 20081801,387101.767.88$29,242
Aug 20080197114.228.48$1,671
Jul 20083711,199131.0811.39$62,287
Jun 2008376882131.3313.03$60,875
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 2008043101.909.66$416
Feb 200816742692.538.77$19,189
Jan 200836950890.388.21$37,519
Dec 200718452488.337.30$20,079
Nov 200736451091.677.29$37,087
Oct 200737150282.856.92$34,212
Sep 200736864475.846.24$31,930
Aug 200754570369.066.39$42,128
Jul 20075541,20170.906.39$46,951
Jun 20077233,24062.007.55$69,283
May 20071,4853,35958.747.85$113,585
Apr 20071,2742,95859.617.81$99,031
Mar 20072,1603,96156.927.30$151,870
Feb 20074,5005,49855.108.22$293,122
Jan 20075,6813,33350.306.73$308,175

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.

Apr 2026 — as filed, then multipliedworked
Oil                  178 bbl  × $ 98.93 =    $17,610
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,610

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/24980 is the state's own key, not one this site invented.