LIGHTSEY-LIGHTSEY

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 25698District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$1.7 M
Jan 2011 – Aug 2025
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
176
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
OilDisposition10,574 bbl$841,207
Casinghead gasProduction254,540 Mcf$908,495
Total$1,749,702

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 30.5610, -96.3817. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.56104, -96.38166 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,790 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
1100.0%
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.
00.0%

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 9,790 ft.

Completions filed
Jan 2011
1 of 1 wells

1 well

42-041320541H9,790 ftJan 2011Yes

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 (176)

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

176 months

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 2025011370.884.34$491
Jan 202507674.324.28$325
Dec 2024011168.993.12$346
Nov 2024029169.052.20$640
Oct 2024012871.372.28$292
Sep 2024017669.612.36$416
Aug 2024023675.632.06$487
Jul 2024035979.932.15$771
Jun 2024024078.082.63$632
May 2024034978.812.20$767
Apr 2024043684.451.66$723
Mar 2024037280.301.55$575
Feb 2024026076.091.78$464
Jan 2024024373.023.30$801
Dec 2023022171.262.61$577
Nov 2023036177.892.81$1,014
Oct 2023040285.443.09$1,241
Sep 2023069489.042.74$1,898
Aug 2023011880.522.67$315
Jul 202305474.852.64$143
Jun 20230168.962.26$2
May 202303170.622.23$69
Apr 202304478.122.24$98
Mar 202327872.852.39$332
Feb 2023016875.112.47$414
Jan 2023021376.533.39$722
Dec 2022018276.415.73$1,043
Nov 2022028285.005.65$1,592
Oct 2022039087.185.86$2,287
Sep 202211326684.888.16$11,763
Aug 2022023894.529.13$2,172
Jul 20220151101.587.54$1,139
Jun 20220216115.097.98$1,723
May 20220239109.378.43$2,016
Apr 20220826104.226.84$5,648
Mar 202201,183108.885.08$6,005
Feb 20223612,66491.054.86$45,813
Jan 202222,45881.844.54$11,317
Dec 2021028571.323.90$1,111
Nov 2021026977.435.24$1,409
Oct 2021034379.795.71$1,960
Sep 20210069.865.35$0
Aug 2021034266.024.22$1,443
Jul 2021052070.783.98$2,071
Jun 2021079069.493.38$2,671
May 2021056563.483.02$1,705
Apr 2021073460.362.76$2,025
Mar 2021090361.302.72$2,453
Feb 2021063757.805.55$3,534
Jan 2021085350.412.81$2,397
Dec 202018666244.642.68$10,074
Nov 2020019038.772.71$514
Oct 2020039236.972.48$972
Sep 2020068937.091.99$1,372
Aug 2020086039.982.39$2,051
Jul 2020052138.371.83$951
Jun 2020037134.901.69$627
May 2020011016.921.81$200
Apr 2020089114.751.80$1,608
Mar 20201891,35730.341.86$8,253
Feb 2020069849.881.98$1,383
Jan 202001,44257.252.09$3,021
Dec 201901,02059.012.30$2,350
Nov 201901,35255.302.75$3,719
Oct 20191863,94353.472.42$19,482
Sep 201901,06955.052.66$2,841
Aug 2019035153.112.30$809
Jul 2019055156.272.46$1,355
Jun 2019080952.782.49$2,015
May 2019078058.482.74$2,137
Apr 20191851,05462.632.75$14,486
Mar 201901,97056.803.06$6,032
Feb 2019041750.852.79$1,164
Jan 2019050646.033.23$1,633
Dec 2018068246.594.19$2,854
Nov 201802,02052.934.24$8,559
Oct 2018021861.443.40$741
Sep 2018061459.543.11$1,908
Aug 20181841,36459.403.07$15,112
Jul 201801,89765.142.93$5,562
Jun 2018080860.183.08$2,486
May 201801,43265.382.90$4,154
Apr 20181911,57463.842.90$16,759
Mar 201801,47061.222.79$4,097
Feb 20181891,35961.782.77$15,436
Jan 201801,95862.874.01$7,850
Dec 201701,75057.272.92$5,113
Nov 201702,55855.423.12$7,977
Oct 2017094349.292.98$2,814
Sep 201701,57647.523.09$4,866
Aug 20171801,19145.373.00$11,745
Jul 201701,17843.873.09$3,637
Jun 201701,30842.493.09$4,038
May 201701,08945.373.26$3,554
Apr 20171931,10747.933.21$12,806
Mar 201701,21546.772.98$3,625
Feb 20170050.452.95$0
Jan 201701,45349.413.42$4,968
Dec 201601,30548.763.72$4,858
Nov 20161921,38342.492.64$11,815
Oct 201601,67946.193.09$5,189
Sep 201601,16241.553.10$3,603
Aug 20161871,25441.442.92$11,416
Jul 201601,52541.622.92$4,460
Jun 201601,37845.352.69$3,701
May 201602,01042.521.99$4,002
Apr 20161911,27936.561.99$9,530
Mar 201601,40233.011.79$2,515
Feb 201601,21226.472.06$2,501
Jan 201601,14527.352.36$2,707
Dec 201501,06532.362.00$2,132
Nov 20151841,03038.792.17$9,370
Oct 2015089843.552.43$2,179
Sep 201501,09842.992.76$3,029
Aug 20151881,08040.162.87$10,652
Jul 2015098748.152.95$2,907
Jun 201501,28956.152.88$3,716
May 201519373755.212.96$12,834
Apr 2015081849.822.71$2,214
Mar 201501,06342.892.93$3,120
Feb 2015094944.662.98$2,824
Jan 201517892743.433.10$10,605
Dec 201401,06454.693.59$3,821
Nov 20141921,04470.464.25$17,967
Oct 2014096878.303.90$3,776
Sep 201401,00086.164.05$4,045
Aug 201401,12289.394.04$4,527
Jul 201401,22196.564.18$5,103
Jun 20141781,13498.164.74$22,844
May 201401,23994.734.73$5,856
Apr 2014073095.944.81$3,511
Mar 201401,12295.895.06$5,674
Feb 20141881,01797.406.19$24,608
Jan 201401,33690.404.86$6,494
Dec 201301,45391.824.35$6,327
Nov 20131952,53788.853.74$26,810
Oct 201301,06797.423.78$4,033
Sep 20130205104.113.72$762
Aug 201301,022104.253.52$3,600
Jul 20131851,322102.523.72$23,881
Jun 201301,13094.403.93$4,445
May 201301,46494.834.15$6,074
Apr 2013078393.964.28$3,353
Mar 201301,29393.623.91$5,059
Feb 20133601,24791.233.42$37,107
Jan 201301,87691.603.42$6,416
Dec 201201,22486.773.42$4,186
Nov 20121871,95386.953.62$23,339
Oct 201202,36489.383.40$8,037
Sep 201201,78094.672.92$5,195
Aug 20121772,35792.662.91$23,255
Jul 201211,95585.133.02$5,991
Jun 20121852,33079.822.52$20,636
May 201202,36091.612.49$5,872
Apr 20121882,455101.652.00$24,012
Mar 201212,677105.052.22$6,054
Feb 20121872,752101.102.57$25,979
Jan 201232,78298.092.73$7,900
Dec 20111763,12296.873.24$27,164
Nov 20111893,34195.723.31$29,154
Oct 201103,67784.983.65$13,416
Sep 20111873,81983.623.99$30,859
Aug 20111844,58783.404.15$34,379
Jul 20111865,52894.144.52$42,481
Jun 20111866,66392.904.64$48,195
May 20115698,84898.134.40$94,810
Apr 201138711,211105.964.33$89,587
Mar 20111,11919,18196.364.06$185,651
Feb 20111,69026,62385.644.18$256,015
Jan 20110086.504.59$0

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 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 70.88 =         $0
Casinghead gas       113 Mcf  × $  4.34 =       $491

────────────────────────────────────────────────────
Month total                                     $491

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/25698 is the state's own key, not one this site invented.