ERNA HERMS

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 25036District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$10.9 M
Aug 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
226
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
OilDisposition141,824 bbl$10,571,365
Casinghead gasProduction82,490 Mcf$375,003
Total$10,946,368

Every month this lease reported (226)

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

226 months

May 202600106.413.05$0
Apr 20260098.932.87$0
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 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
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 20240079.932.15$0
Jun 20240078.082.63$0
May 202427078.812.20$2,128
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 20230689.042.74$16
Aug 2023131080.522.67$10,548
Jul 20233074.852.64$225
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20231076.533.39$77
Dec 20221076.415.73$76
Nov 20220085.005.65$0
Oct 20221087.185.86$87
Sep 20221084.888.16$85
Aug 20222094.529.13$189
Jul 202200101.587.54$0
Jun 202220115.097.98$230
May 202200109.378.43$0
Apr 202210104.226.84$104
Mar 202240108.885.08$436
Feb 20220091.054.86$0
Jan 20222081.844.54$164
Dec 20210071.323.90$0
Nov 20211077.435.24$77
Oct 20211079.795.71$80
Sep 20212069.865.35$140
Aug 20219066.024.22$594
Jul 20211070.783.98$71
Jun 202113069.493.38$903
May 20217063.483.02$444
Apr 20215060.362.76$302
Mar 20211737561.302.72$10,809
Feb 202113057.805.55$224
Jan 20211792850.412.81$9,102
Dec 2020251144.642.68$1,145
Nov 202006238.772.71$168
Oct 20201789636.972.48$6,819
Sep 2020179937.091.99$6,657
Aug 202001839.982.39$43
Jul 2020172038.371.83$6,600
Jun 202001434.901.69$24
May 20200016.921.81$0
Apr 202042914.751.80$111
Mar 20202044830.341.86$6,278
Feb 202019716849.881.98$10,159
Jan 202017932857.252.09$10,935
Dec 201936525359.012.30$22,122
Nov 201918317955.302.75$10,612
Oct 201935716053.472.42$19,476
Sep 201919018355.052.66$10,946
Aug 201937417753.112.30$20,271
Jul 201936615856.272.46$20,984
Jun 201918818252.782.49$10,376
May 201918710258.482.74$11,215
Apr 201917817762.632.75$11,635
Mar 201919118556.803.06$11,415
Feb 201918018050.852.79$9,656
Jan 201935718146.033.23$17,017
Dec 201819016246.594.19$9,530
Nov 201836413152.934.24$19,822
Oct 201817815461.443.40$11,460
Sep 201836613959.543.11$22,224
Aug 201836118759.403.07$22,017
Jul 201879065.142.93$720
Jun 20185347960.183.08$32,379
May 20181808265.382.90$12,006
Apr 201818213563.842.90$12,010
Mar 20181789361.222.79$11,156
Feb 201835310661.782.77$22,102
Jan 201817613862.874.01$11,618
Dec 201719324057.272.92$11,754
Nov 201734714555.423.12$19,683
Oct 20171768149.292.98$8,917
Sep 2017162747.523.09$7,720
Aug 201703145.373.00$93
Jul 201734714043.873.09$15,655
Jun 201719411842.493.09$8,607
May 201719211545.373.26$9,086
Apr 201736511347.933.21$17,857
Mar 201736212846.772.98$17,313
Feb 20172687350.452.95$13,736
Jan 201737010549.413.42$18,641
Dec 201617411048.763.72$8,894
Nov 201633217942.492.64$14,580
Oct 201617221346.193.09$8,603
Sep 201633233241.553.10$14,824
Aug 201633931241.442.92$14,961
Jul 201616410541.622.92$7,133
Jun 201632921545.352.69$15,498
May 201633221742.521.99$14,549
Apr 201634322236.561.99$12,982
Mar 2016114233.011.79$288
Feb 201632719726.472.06$9,062
Jan 201632720627.352.36$9,431
Dec 201516720032.362.00$5,804
Nov 201534129438.792.17$13,865
Oct 201517229943.552.43$8,216
Sep 201533421842.992.76$14,960
Aug 201533223240.162.87$14,000
Jul 201533017248.152.95$16,396
Jun 201533322856.152.88$19,355
May 201533621655.212.96$19,189
Apr 201533027049.822.71$17,171
Mar 201533735342.892.93$15,490
Feb 201517136444.662.98$8,720
Jan 201517244343.433.10$8,844
Dec 201434138454.693.59$20,028
Nov 201433342270.464.25$25,257
Oct 201417040078.303.90$14,871
Sep 201434041686.164.05$30,977
Aug 201433737589.394.04$31,638
Jul 201433341596.564.18$33,889
Jun 201433548398.164.74$35,172
May 201433850794.734.73$34,415
Apr 201435151995.944.81$36,171
Mar 201434459895.895.06$36,010
Feb 201449855497.406.19$51,936
Jan 201433697390.404.86$35,104
Dec 20133351,07191.824.35$35,423
Nov 20133311,24288.853.74$34,052
Oct 20134971,83397.423.78$55,345
Sep 20133341,300104.113.72$39,606
Aug 2013655893104.253.52$71,429
Jul 20136481,442102.523.72$71,794
Jun 20134841,30494.403.93$50,819
May 20138301,34194.834.15$84,273
Apr 20138381,04793.964.28$83,222
Mar 20131,0111,11393.623.91$99,005
Feb 201316357391.233.42$16,830
Jan 201367771291.603.42$64,448
Dec 201233977286.773.42$32,055
Nov 201250543586.953.62$45,487
Oct 201266047289.383.40$60,595
Sep 201233650994.672.92$33,295
Aug 201268358892.662.91$64,997
Jul 201251452185.133.02$45,331
Jun 201234615179.822.52$27,998
May 201251048891.612.49$47,935
Apr 2012522416101.652.00$53,892
Mar 2012519433105.052.22$55,483
Feb 2012516396101.102.57$53,185
Jan 201252347998.092.73$52,611
Dec 201153435196.873.24$52,866
Nov 201186740595.723.31$84,330
Oct 201167954684.983.65$59,694
Sep 201151956683.623.99$45,655
Aug 201152166983.404.15$46,227
Jul 201151549794.144.52$50,727
Jun 201169842792.904.64$66,825
May 201170459698.134.40$71,709
Apr 2011876869105.964.33$96,587
Mar 20115291,13896.364.06$55,592
Feb 20111,0451,14285.644.18$94,267
Jan 20118691,09786.504.59$80,202
Dec 20101,0711,16685.734.35$96,886
Nov 20101,2152,11480.843.80$106,244
Oct 201087770178.103.51$70,953
Sep 20101,4001,09072.633.98$106,020
Aug 20101,2511,20873.684.42$97,512
Jul 20101,8021,41272.554.74$137,423
Jun 20101,9522,25770.364.91$148,425
May 20102,2771,64971.124.24$168,924
Apr 20102,0971,25281.694.12$176,466
Mar 20102,6971,83778.394.39$219,480
Feb 20102,2882,00773.585.44$179,274
Jan 20102,47655474.365.96$187,419
Dec 20092,5008171.445.48$179,044
Nov 20092,84813474.593.75$212,935
Oct 20092,67718272.544.11$194,938
Sep 20093,70114565.543.06$243,008
Aug 20092,9351,51367.423.22$202,747
Jul 20093,62564661.133.46$223,834
Jun 20093,4991,29366.163.90$236,530
May 20093,20032354.743.93$176,436
Apr 20093,84672146.773.59$182,464
Mar 20092,64970342.144.06$114,482
Feb 20092,49776832.814.63$85,485
Jan 20092,9881,01635.865.37$112,607
Dec 20084,9361,86237.105.98$194,255
Nov 20085,9252,13055.496.86$343,391
Oct 20085,4872,01175.246.92$426,762
Sep 20085,2271,291101.767.88$542,069
Aug 20084,9951,738114.228.48$585,272
Jul 20084,8982,301131.0811.39$668,237
Jun 20083,001935131.3313.03$406,307
May 200800123.1711.57$0
Apr 20081780110.3110.45$19,635
Mar 20083820101.909.66$38,926
Feb 2008378092.538.77$34,976
Jan 2008532090.388.21$48,082
Dec 2007926088.337.30$81,794
Nov 20071,455091.677.29$133,380
Oct 20071,622082.856.92$134,383
Sep 2007744075.846.24$56,425
Aug 2007188069.066.39$12,983

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 2024 — as filed, then multipliedworked
Oil                   27 bbl  × $ 78.81 =     $2,128
Casinghead gas         0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                   $2,128

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/25036 is the state's own key, not one this site invented.