UNCLE STEVE

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 25748District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$1.6 M
Jun 2011 – Nov 2024
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
162
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
OilDisposition16,794 bbl$1,078,078
Casinghead gasProduction149,783 Mcf$475,121
Total$1,553,199

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 30.3352, -96.7007. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.33524, -96.70073 · 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
100.0%
1 of 1 wells
Median depth
8,650 ft
1 wells filed one
Completion to plug
13.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 8,650 ft.

Completions filed
Jun 2011
1 of 1 wells
Plug dates filed
Jun 2024
1 of 1 wells

Last completion to plug: a median of 13.0 years across the 1 well that filed both dates, with the middle half between 13.0 years and 13.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-051336901H8,650 ftJun 2011Jun 2024Yes

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 (162)

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

162 months

Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202437079.932.15$2,957
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 2023010568.962.26$237
May 2023017870.622.23$396
Apr 2023013378.122.24$298
Mar 2023019772.852.39$471
Feb 2023020575.112.47$505
Jan 2023021376.533.39$722
Dec 2022022976.415.73$1,312
Nov 2022024585.005.65$1,383
Oct 2022025687.185.86$1,501
Sep 2022028984.888.16$2,359
Aug 2022029494.529.13$2,683
Jul 20220330101.587.54$2,489
Jun 20220271115.097.98$2,162
May 20220280109.378.43$2,361
Apr 20220137104.226.84$937
Mar 2022197467108.885.08$23,820
Feb 20220391.054.86$15
Jan 202202881.844.54$127
Dec 2021186971.323.90$3,460
Nov 20211901,05977.435.24$20,258
Oct 2021070079.795.71$4,000
Sep 202118599269.865.35$18,232
Aug 2021294966.024.22$4,137
Jul 20211881,07770.783.98$17,595
Jun 20212031,05669.493.38$17,676
May 202121,06763.483.02$3,347
Apr 20211861,05660.362.76$14,140
Mar 20211791,27561.302.72$14,437
Feb 2021270757.805.55$4,038
Jan 20211831,07950.412.81$12,257
Dec 2020461744.642.68$1,829
Nov 20201871,03238.772.71$10,043
Oct 20201891,12936.972.48$9,785
Sep 20201751,05837.091.99$8,597
Aug 20203761,29839.982.39$18,128
Jul 2020166938.371.83$1,259
Jun 20201871,31634.901.69$8,751
May 2020119916.921.81$378
Apr 202027188614.751.80$5,596
Mar 20201721,53230.341.86$8,062
Feb 202017648549.881.98$9,740
Jan 202018225557.252.09$10,954
Dec 201924159.012.30$213
Nov 20191741,30555.302.75$13,212
Oct 20191831,75953.472.42$14,039
Sep 2019260155.052.66$1,707
Aug 201917770653.112.30$11,027
Jul 20191781,67256.272.46$14,129
Jun 201941,85752.782.49$4,837
May 201918183558.482.74$12,873
Apr 201971,78162.632.75$5,337
Mar 20193652,01356.803.06$26,896
Feb 2019241650.852.79$1,263
Jan 20191871,00946.033.23$11,865
Dec 201841,05846.594.19$4,615
Nov 20181851,41452.934.24$15,784
Oct 201841,31961.443.40$4,728
Sep 20181801,17259.543.11$14,360
Aug 20181711,43159.403.07$14,546
Jul 20181751,44465.142.93$15,633
Jun 20181791,48360.183.08$15,335
May 201831,17365.382.90$3,599
Apr 20181741,23763.842.90$14,696
Mar 20181801,43461.222.79$15,016
Feb 201841,30761.782.77$3,862
Jan 20181761,43862.874.01$16,831
Dec 201717494457.272.92$12,723
Nov 20171701,42555.423.12$13,865
Oct 20171821,73349.292.98$14,142
Sep 201717070747.523.09$10,261
Aug 20171761,63245.373.00$12,888
Jul 20171662,01843.873.09$13,513
Jun 20171751,70342.493.09$12,693
May 20171772,17845.373.26$15,138
Apr 20171711,87947.933.21$14,231
Mar 20171751,71646.772.98$13,305
Feb 2017037550.452.95$1,107
Jan 201716819749.413.42$8,974
Dec 201601248.763.72$45
Nov 2016147042.492.64$1,285
Oct 20161731,18146.193.09$11,640
Sep 20161781,43141.553.10$11,833
Aug 201631,46041.442.92$4,394
Jul 20161641,74141.622.92$11,917
Jun 201617199545.352.69$10,427
May 20161801,58942.521.99$10,817
Apr 20161681,59436.561.99$9,316
Mar 201641,56633.011.79$2,941
Feb 20161901,64826.472.06$8,430
Jan 20161871,72227.352.36$9,186
Dec 201551,64332.362.00$3,450
Nov 20151701,49738.792.17$9,839
Oct 20153591,83143.552.43$20,078
Sep 20151741,97542.992.76$12,928
Aug 20151801,90540.162.87$12,701
Jul 20151881,63848.152.95$13,876
Jun 20151791,34356.152.88$13,923
May 20151851,54955.212.96$14,792
Apr 2015256849.822.71$1,637
Mar 2015234942.892.93$1,110
Feb 2015250144.662.98$1,580
Jan 20151831,41943.433.10$12,347
Dec 201461,29254.693.59$4,968
Nov 2014162270.464.25$2,715
Oct 2014228978.303.90$1,284
Sep 2014470386.164.05$3,189
Aug 2014010289.394.04$412
Jul 20141749096.564.18$17,178
Jun 201451,31798.164.74$6,729
May 201451,36394.734.73$6,916
Apr 201461,15095.944.81$6,106
Mar 20141831,20095.895.06$23,616
Feb 201451,08497.406.19$7,199
Jan 201451,17490.404.86$6,158
Dec 201381,11791.824.35$5,599
Nov 20131841,15788.853.74$20,674
Oct 201341,20997.423.78$4,959
Sep 201351,200104.113.72$4,982
Aug 20131831,165104.253.52$23,182
Jul 201381,283102.523.72$5,590
Jun 201321,21594.403.93$4,968
May 20131761,04894.834.15$21,038
Apr 2013372693.964.28$3,391
Mar 201317586893.623.91$19,780
Feb 201331,12691.233.42$4,125
Jan 201331,48291.603.42$5,343
Dec 20121821,52286.773.42$20,998
Nov 201231,59686.953.62$6,046
Oct 20121821,63289.383.40$21,815
Sep 201231,46294.672.92$4,551
Aug 20121761,77992.662.91$21,482
Jul 20121831,71985.133.02$20,772
Jun 20121811,67879.822.52$18,674
May 20123511,79591.612.49$36,622
Apr 20123581,186101.652.00$38,759
Mar 20125262,142105.052.22$60,016
Feb 20123581,978101.102.57$41,278
Jan 201271,62398.092.73$5,124
Dec 20111901,27696.873.24$22,539
Nov 201134915295.723.31$33,910
Oct 2011711084.983.65$60,421
Sep 2011534083.623.99$44,653
Aug 20117083.404.15$584
Jul 201110094.144.52$941
Jun 20118092.904.64$743

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.

Jul 2024 — as filed, then multipliedworked
Oil                   37 bbl  × $ 79.93 =     $2,957
Casinghead gas         0 Mcf  × $  2.15 =         $0

────────────────────────────────────────────────────
Month total                                   $2,957

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/25748 is the state's own key, not one this site invented.