T-REX

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 25844District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$5.7 M
Sep 2011 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
177
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
OilDisposition64,029 bbl$5,273,599
Casinghead gasProduction128,920 Mcf$412,156
Total$5,685,754

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 29.8281, -96.8882. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.82813, -96.88816 · 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
11,890 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 11,890 ft.

Completions filed
Sep 2011
1 of 1 wells

1 well

42-14933226111,890 ftSep 2011

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 (177)

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

177 months

May 2026170156106.413.05$18,565
Apr 2026014898.932.87$425
Mar 202618133889.753.15$17,309
Feb 20262063.503.75$127
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 20251822363.933.01$11,705
Jul 2025010466.743.32$345
Jun 202519266.483.13$354
May 202509560.553.23$307
Apr 20251899862.363.54$12,133
Mar 2025010967.704.27$465
Feb 202519515370.884.34$14,486
Jan 20250074.324.28$0
Dec 202405768.993.12$178
Nov 2024110069.052.20$289
Oct 202408171.372.28$185
Sep 20241706869.612.36$11,994
Aug 2024012775.632.06$262
Jul 20241943779.932.15$15,586
Jun 202403978.082.63$103
May 2024013978.812.20$306
Apr 202401884.451.66$30
Mar 20241895180.301.55$15,256
Feb 202418876.091.78$233
Jan 2024010073.023.30$330
Dec 2023110971.262.61$356
Nov 202318111577.892.81$14,421
Oct 2023112085.443.09$456
Sep 2023010889.042.74$295
Aug 202317811280.522.67$14,632
Jul 2023012374.852.64$325
Jun 202318513568.962.26$13,062
May 2023110470.622.23$302
Apr 2023010378.122.24$230
Mar 20231959372.852.39$14,428
Feb 202309275.112.47$227
Jan 2023012476.533.39$420
Dec 202217710676.415.73$14,132
Nov 2022110485.005.65$672
Oct 202218011787.185.86$16,378
Sep 2022011584.888.16$939
Aug 2022011994.529.13$1,086
Jul 2022193126101.587.54$20,555
Jun 20220115115.097.98$917
May 2022191131109.378.43$21,994
Apr 20221125104.226.84$959
Mar 20220143108.885.08$726
Feb 202218810491.054.86$17,623
Jan 2022013981.844.54$631
Dec 202118514271.323.90$13,748
Nov 2021011177.435.24$581
Oct 2021016279.795.71$926
Sep 202119410769.865.35$14,125
Aug 2021014066.024.22$591
Jul 202118714070.783.98$13,793
Jun 2021015569.493.38$524
May 202119218063.483.02$12,731
Apr 2021011260.362.76$309
Mar 202119014761.302.72$12,046
Feb 2021013357.805.55$738
Jan 2021015950.412.81$447
Dec 202016416644.642.68$7,765
Nov 2020017038.772.71$460
Oct 202016917236.972.48$6,674
Sep 2020018437.091.99$366
Aug 202017918339.982.39$7,593
Jul 202018216838.371.83$7,290
Jun 2020017634.901.69$297
May 202018119116.921.81$3,409
Apr 2020018414.751.80$332
Mar 202017419530.341.86$5,641
Feb 2020018849.881.98$372
Jan 202017420657.252.09$10,393
Dec 201918020259.012.30$11,087
Nov 2019021255.302.75$583
Oct 201917124053.472.42$9,724
Sep 201917036255.052.66$10,320
Aug 2019155053.112.30$8,232
Jul 2019010356.272.46$253
Jun 2019021452.782.49$533
May 201915921358.482.74$9,882
Apr 201916122062.632.75$10,689
Mar 201917323556.803.06$10,546
Feb 2019021450.852.79$598
Jan 201917724146.033.23$8,925
Dec 201818924546.594.19$9,831
Nov 2018024052.934.24$1,017
Oct 201816825961.443.40$11,202
Sep 201818325759.543.11$11,695
Aug 201816927259.403.07$10,873
Jul 2018028165.142.93$824
Jun 201815826960.183.08$10,336
May 201817228765.382.90$12,078
Apr 201817927363.842.90$12,219
Mar 201819528961.222.79$12,743
Feb 201817327261.782.77$11,440
Jan 201818631162.874.01$12,941
Dec 201719117557.272.92$11,450
Nov 2017022355.423.12$695
Oct 201718726549.292.98$10,008
Sep 2017030747.523.09$948
Aug 201718620545.373.00$9,055
Jul 201717929443.873.09$8,760
Jun 201718734942.493.09$9,023
May 201717736345.373.26$9,215
Apr 201718536247.933.21$10,030
Mar 201719438146.772.98$10,210
Feb 201719235450.452.95$10,732
Jan 201718140949.413.42$10,342
Dec 201618942448.763.72$10,794
Nov 201619043242.492.64$9,215
Oct 201618845346.193.09$10,084
Sep 201618447841.553.10$9,127
Aug 201618749341.442.92$9,191
Jul 201618748641.622.92$9,204
Jun 201617847545.352.69$9,348
May 201636348042.521.99$16,390
Apr 201619050136.561.99$7,944
Mar 201618853533.011.79$7,166
Feb 201618052626.472.06$5,850
Jan 201636157327.352.36$11,228
Dec 201519210,58532.362.00$27,398
Nov 201519260938.792.17$8,768
Oct 201518370343.552.43$9,676
Sep 201538068742.992.76$18,231
Aug 201519281140.162.87$10,040
Jul 20153791,07348.152.95$21,409
Jun 201537523856.152.88$21,742
May 201518945355.212.96$11,774
Apr 201519447249.822.71$10,943
Mar 201538850342.892.93$18,117
Feb 201518848044.662.98$9,825
Jan 201538254243.433.10$18,271
Dec 201438554054.693.59$22,995
Nov 201419550670.464.25$15,891
Oct 201437158378.303.90$31,324
Sep 201419460986.164.05$19,179
Aug 201437662389.394.04$36,125
Jul 201438269696.564.18$39,795
Jun 201437776598.164.74$40,630
May 201437573594.734.73$38,998
Apr 201438375695.944.81$40,381
Mar 201438385395.895.06$41,039
Feb 201438077497.406.19$41,805
Jan 201438483890.404.86$38,787
Dec 201358082691.824.35$56,852
Nov 201337684688.853.74$36,570
Oct 201357693597.423.78$59,648
Sep 2013381905104.113.72$43,030
Aug 20135541,026104.253.52$61,369
Jul 20135561,121102.523.72$61,169
Jun 20133781,17394.403.93$40,297
May 20137641,20994.834.15$77,466
Apr 201358084793.964.28$58,124
Mar 20137621,28393.623.91$76,359
Feb 20135741,56191.233.42$57,705
Jan 20135741,12491.603.42$56,422
Dec 20127691,65786.773.42$72,393
Nov 20129521,98086.953.62$89,954
Oct 20129182,59089.383.40$90,856
Sep 20127491,90394.672.92$76,462
Aug 20121,1493,05092.662.91$115,336
Jul 20121,1433,26085.133.02$107,151
Jun 20121,3312,66479.822.52$112,951
May 20121,3282,67491.612.49$128,312
Apr 20121,7051,487101.652.00$176,282
Mar 20121,8904,309105.052.22$208,119
Feb 20122,1113,442101.102.57$222,269
Jan 20122,9004,97098.092.73$298,049
Dec 20113,8917,53496.873.24$401,329
Nov 20112,8825,02395.723.31$292,498
Oct 20118,00912,17784.983.65$725,033
Sep 20115,3477,78283.623.99$478,134

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                  170 bbl  × $106.41 =    $18,090
Casinghead gas       156 Mcf  × $  3.05 =       $475

────────────────────────────────────────────────────
Month total                                  $18,565

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/25844 is the state's own key, not one this site invented.