SEBESTA

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25322District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$1.3 M
Mar 2008 – May 2026
Value, last 12 filed months
$83 k
at the published price for each month
Months reported
219
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 598 leases and 630 wells, and the rule below applies to all of them.

Discovered
1977-03-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-05-16.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858.

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
OilDisposition14,012 bbl$1,064,082
Casinghead gasProduction42,982 Mcf$231,230
Total$1,295,312

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 30.5720, -96.5524. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.57197, -96.55245 · 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
8,395 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 8,395 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-0513271718,395 ftMar 2008

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 (219)

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

219 months

May 2026176143106.413.05$19,164
Apr 2026014698.932.87$419
Mar 2026013589.753.15$425
Feb 202617814763.503.75$11,854
Jan 2026013259.138.00$1,056
Dec 202517917256.664.41$10,901
Nov 2025013258.593.93$518
Oct 2025016159.383.30$532
Sep 202517416962.743.08$11,437
Aug 2025020363.933.01$612
Jul 202518625566.743.32$13,259
Jun 202518327766.483.13$13,033
May 202502160.553.23$68
Apr 2025024762.363.54$875
Mar 202517711767.704.27$12,482
Feb 202506370.884.34$273
Jan 2025014074.324.28$599
Dec 202418014668.993.12$12,874
Nov 2024015269.052.20$334
Oct 202417716471.372.28$13,007
Sep 2024015669.612.36$369
Aug 202417716975.632.06$13,735
Jul 2024016679.932.15$356
Jun 202417313578.082.63$13,863
May 2024016078.812.20$352
Apr 202415416484.451.66$13,277
Mar 202409280.301.55$142
Feb 202416912976.091.78$13,089
Jan 2024014173.023.30$465
Dec 202318219771.262.61$13,484
Nov 2023021477.892.81$601
Oct 202318122085.443.09$16,144
Sep 202317026089.042.74$15,848
Aug 2023024880.522.67$663
Jul 202317922574.852.64$13,993
Jun 2023026168.962.26$589
May 202318129570.622.23$13,439
Apr 202317528078.122.24$14,298
Mar 2023032472.852.39$775
Feb 202318037575.112.47$14,444
Jan 202317455676.533.39$15,200
Dec 202218177076.415.73$18,242
Nov 202218055585.005.65$18,434
Oct 2022011087.185.86$645
Sep 20221779684.888.16$15,807
Aug 2022024294.529.13$2,209
Jul 20220103101.587.54$777
Jun 2022172115115.097.98$20,713
May 2022170281109.378.43$20,963
Apr 20220136104.226.84$930
Mar 2022166125108.885.08$18,709
Feb 2022014191.054.86$685
Jan 202208381.844.54$377
Dec 202116112671.323.90$11,974
Nov 2021011477.435.24$597
Oct 20211709179.795.71$14,084
Sep 2021010969.865.35$583
Aug 2021014666.024.22$616
Jul 202116187370.783.98$14,872
Jun 2021049569.493.38$1,673
May 202117413763.483.02$11,459
Apr 2021012960.362.76$356
Mar 2021014361.302.72$389
Feb 2021014257.805.55$788
Jan 202117113550.412.81$9,000
Dec 202016813344.642.68$7,855
Nov 2020011138.772.71$300
Oct 202017711836.972.48$6,836
Sep 202018013237.091.99$6,939
Aug 20200039.982.39$0
Jul 2020011738.371.83$214
Jun 20200034.901.69$0
May 202017815616.921.81$3,295
Apr 2020016114.751.80$291
Mar 202016811430.341.86$5,309
Feb 202008749.881.98$172
Jan 202018910757.252.09$11,044
Dec 201906759.012.30$154
Nov 201916517455.302.75$9,603
Oct 20190053.472.42$0
Sep 20191778655.052.66$9,972
Aug 2019010153.112.30$233
Jul 20191749356.272.46$10,020
Jun 201917811852.782.49$9,689
May 2019012258.482.74$334
Apr 20190062.632.75$0
Mar 201917015356.803.06$10,125
Feb 201917813150.852.79$9,417
Jan 201917326546.033.23$8,819
Dec 20180146.594.19$4
Nov 201808952.934.24$377
Oct 20180061.443.40$0
Sep 201817711159.543.11$10,884
Aug 20180059.403.07$0
Jul 20180765.142.93$21
Jun 2018014660.183.08$449
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018146061.222.79$8,938
Feb 201809361.782.77$257
Jan 201809062.874.01$361
Dec 20170057.272.92$0
Nov 201707255.423.12$225
Oct 20171809049.292.98$9,141
Sep 2017011847.523.09$364
Aug 2017012045.373.00$361
Jul 201717812543.873.09$8,195
Jun 2017011342.493.09$349
May 2017019945.373.26$649
Apr 201717413747.933.21$8,780
Mar 20170046.772.98$0
Feb 201708850.452.95$260
Jan 201708549.413.42$291
Dec 20161718048.763.72$8,636
Nov 20160942.492.64$24
Oct 2016016946.193.09$522
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160445.352.69$11
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016172926.472.06$4,571
Jan 201608327.352.36$196
Dec 201509532.362.00$190
Nov 20150038.792.17$0
Oct 201506543.552.43$158
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015034248.152.95$1,007
Jun 201509656.152.88$277
May 20150055.212.96$0
Apr 20151729749.822.71$8,832
Mar 2015010942.892.93$320
Feb 20150044.662.98$0
Jan 2015010743.433.10$332
Dec 2014011954.693.59$427
Nov 20140070.464.25$0
Oct 201407078.303.90$273
Sep 2014011586.164.05$465
Aug 201409389.394.04$375
Jul 201417414996.564.18$17,424
Jun 2014010798.164.74$507
May 2014011094.734.73$520
Apr 20143710895.944.81$4,069
Mar 2014019995.895.06$1,006
Feb 201409997.406.19$613
Jan 2014012190.404.86$588
Dec 2013012291.824.35$531
Nov 201317813388.853.74$16,312
Oct 2013025997.423.78$979
Sep 20130127104.113.72$472
Aug 20130119104.253.52$419
Jul 20130115102.523.72$428
Jun 2013017594.403.93$688
May 201317520994.834.15$17,462
Apr 2013011293.964.28$480
Mar 2013020793.623.91$810
Feb 2013012591.233.42$427
Jan 201317421491.603.42$16,670
Dec 2012033586.773.42$1,146
Nov 2012015086.953.62$544
Oct 201217825489.383.40$16,773
Sep 2012012394.672.92$359
Aug 2012027492.662.91$797
Jul 2012031285.133.02$942
Jun 201217925579.822.52$14,930
May 2012047391.612.49$1,177
Apr 2012179520101.652.00$19,234
Mar 2012176595105.052.22$19,811
Feb 2012181773101.102.57$20,286
Jan 20120098.092.73$0
Dec 20110196.873.24$3
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011034983.623.99$1,391
Aug 201118041683.404.15$16,738
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 201008685.734.35$374
Nov 20100080.843.80$0
Oct 201029692078.103.51$26,346
Sep 2010015072.633.98$597
Aug 201007073.684.42$309
Jul 20100072.554.74$0
Jun 2010013570.364.91$663
May 2010015571.124.24$656
Apr 2010015081.694.12$618
Mar 2010015578.394.39$680
Feb 2010013073.585.44$708
Jan 201017458974.365.96$16,451
Dec 2009015571.445.48$850
Nov 2009015074.593.75$563
Oct 200909272.544.11$378
Sep 200906365.543.06$193
Aug 200909967.423.22$319
Jul 200905861.133.46$201
Jun 200902066.163.90$78
May 2009011554.743.93$451
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009014032.814.63$649
Jan 2009039235.865.37$2,105
Dec 200817969037.105.98$10,765
Nov 200818272055.496.86$15,039
Oct 200818081875.246.92$19,205
Sep 200801,112101.767.88$8,759
Aug 20081791,100114.228.48$29,777
Jul 20081771,095131.0811.39$35,673
Jun 20081931,380131.3313.03$43,332
May 20083551,636123.1711.57$62,661
Apr 20087201,935110.3110.45$99,653
Mar 20083331,854101.909.66$51,850

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                  176 bbl  × $106.41 =    $18,728
Casinghead gas       143 Mcf  × $  3.05 =       $436

────────────────────────────────────────────────────
Month total                                  $19,164

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/25322 is the state's own key, not one this site invented.