LOU-ANN

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 26008District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$9.6 M
Jul 2012 – May 2026
Value, last 12 filed months
$73 k
at the published price for each month
Months reported
167
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
OilDisposition83,016 bbl$6,626,903
Casinghead gasProduction836,466 Mcf$2,935,887
Total$9,562,790

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 30.2281, -96.8124. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.22806, -96.81242 · 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
8,881 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 8,881 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-287313131RE8,881 ftJul 2012

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 (167)

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

167 months

May 202601,541106.413.05$4,694
Apr 202601,46798.932.87$4,210
Mar 202601,50889.753.15$4,749
Feb 202601,38363.503.75$5,187
Jan 202601,53159.138.00$12,245
Dec 202501,57956.664.41$6,969
Nov 202501,64958.593.93$6,475
Oct 202501,70159.383.30$5,622
Sep 202501,68762.743.08$5,191
Aug 202501,63463.933.01$4,926
Jul 202501,98966.743.32$6,594
Jun 202502,05666.483.13$6,433
May 202502,06160.553.23$6,662
Apr 202502,04462.363.54$7,242
Mar 202501,84867.704.27$7,888
Feb 202518965470.884.34$16,235
Jan 202517566274.324.28$15,838
Dec 2024065168.993.12$2,032
Nov 202418964269.052.20$14,462
Oct 202417877371.372.28$14,467
Sep 2024180069.612.36$1,961
Aug 202419092975.632.06$16,287
Jul 20241881,03279.932.15$17,242
Jun 20241781,33678.082.63$17,417
May 20241751,48778.812.20$17,061
Apr 2024711,63884.451.66$8,714
Mar 20241801,75980.301.55$17,172
Feb 202401,62776.091.78$2,902
Jan 20241821,63073.023.30$18,665
Dec 20231801,93171.262.61$17,868
Nov 20231801,93977.892.81$19,464
Oct 20231771,89185.443.09$20,961
Sep 20231721,99589.042.74$20,771
Aug 20231922,07780.522.67$21,011
Jul 202322,28474.852.64$6,184
Jun 20231892,39268.962.26$18,436
May 20231772,79270.622.23$18,719
Apr 20231822,61578.122.24$20,070
Mar 20231952,59572.852.39$20,416
Feb 20231692,13975.112.47$17,968
Jan 20231852,72776.533.39$23,396
Dec 20221922,56476.415.73$29,360
Nov 20221832,79785.005.65$31,347
Oct 20221782,76587.185.86$31,731
Sep 202202,80184.888.16$22,866
Aug 20221812,76994.529.13$42,381
Jul 20221772,915101.587.54$39,965
Jun 20221842,663115.097.98$42,420
May 20221792,596109.378.43$41,469
Apr 20221932,514104.226.84$37,304
Mar 20221772,312108.885.08$31,008
Feb 20221862,38991.054.86$28,543
Jan 20221862,62481.844.54$27,129
Dec 20211912,60771.323.90$23,787
Nov 20211862,40877.435.24$27,012
Oct 20211792,55379.795.71$28,870
Sep 20211792,76769.865.35$27,311
Aug 20211782,98066.024.22$24,329
Jul 20211812,95470.783.98$24,574
Jun 20211902,85269.493.38$22,845
May 20211913,12463.483.02$21,552
Apr 20211823,01360.362.76$19,297
Mar 20211813,22061.302.72$19,844
Feb 202102,72757.805.55$15,129
Jan 20213702,94850.412.81$26,936
Dec 20201862,91044.642.68$16,089
Nov 20201802,79038.772.71$14,530
Oct 20201832,92636.972.48$14,017
Sep 20203543,23237.091.99$19,565
Aug 20201883,75139.982.39$16,463
Jul 20201863,88938.371.83$14,235
Jun 20201943,30734.901.69$12,360
May 20201803,48816.921.81$9,375
Apr 20203692,99114.751.80$10,840
Mar 20201883,00030.341.86$11,273
Feb 202002,73349.881.98$5,413
Jan 202002,93957.252.09$6,156
Dec 201903,08359.012.30$7,104
Nov 20191843,40455.302.75$19,539
Oct 20191873,54453.472.42$18,570
Sep 20193643,49155.052.66$29,315
Aug 20191783,72653.112.30$18,040
Jul 20191743,57956.272.46$18,596
Jun 20191803,52652.782.49$18,284
May 20191863,82258.482.74$21,351
Apr 20191843,81762.632.75$22,023
Mar 20191904,04056.803.06$23,163
Feb 201903,56950.852.79$9,965
Jan 20191843,94546.033.23$21,205
Dec 20181913,79646.594.19$24,787
Nov 20181844,50552.934.24$28,828
Oct 20181796,58961.443.40$33,388
Sep 201802,73659.543.11$8,503
Aug 201802,59159.403.07$7,945
Jul 20181793,34565.142.93$21,467
Jun 20181773,46860.183.08$21,323
May 20181783,77265.382.90$22,579
Apr 20181823,34263.842.90$21,313
Mar 20183583,56861.222.79$31,860
Feb 20181753,32761.782.77$20,014
Jan 20181703,71462.874.01$25,579
Dec 20171753,82657.272.92$21,200
Nov 20171853,79455.423.12$22,084
Oct 20173754,14749.292.98$30,857
Sep 20173804,08347.523.09$30,663
Aug 20171843,93845.373.00$20,179
Jul 20173833,79643.873.09$28,522
Jun 20171863,62742.493.09$19,101
May 20173713,92245.373.26$29,631
Apr 20173843,71847.933.21$30,346
Mar 20171863,86746.772.98$20,237
Feb 20173793,45650.452.95$29,325
Jan 20173883,86049.413.42$32,368
Dec 20161864,17548.763.72$24,612
Nov 20163844,81342.492.64$29,043
Oct 20163673,91846.193.09$29,059
Sep 20161854,39341.553.10$21,308
Aug 20163744,61841.442.92$29,003
Jul 20163733,77041.622.92$26,549
Jun 20163793,73545.352.69$27,219
May 20163783,92042.521.99$23,877
Apr 20163664,21736.561.99$21,777
Mar 20161935,25133.011.79$15,791
Feb 20163864,62826.472.06$19,768
Jan 20163925,26927.352.36$23,179
Dec 20153805,41632.362.00$23,136
Nov 20153885,27638.792.17$26,485
Oct 20153765,67743.552.43$30,150
Sep 20151915,64542.992.76$23,782
Aug 20155605,97840.162.87$39,661
Jul 20153785,94648.152.95$35,712
Jun 20153795,88056.152.88$38,232
May 20155746,33155.212.96$50,401
Apr 20155746,67749.822.71$46,668
Mar 20155806,47942.892.93$43,890
Feb 20155726,10844.662.98$43,724
Jan 20155656,85243.433.10$45,783
Dec 20149517,18354.693.59$77,807
Nov 20145646,49270.464.25$67,342
Oct 20147657,25678.303.90$88,205
Sep 20147567,53886.164.05$95,631
Aug 20149517,66289.394.04$115,927
Jul 20149558,10096.564.18$126,070
Jun 20149438,16198.164.74$131,223
May 20149488,55994.734.73$130,259
Apr 20149618,84495.944.81$134,730
Mar 20147739,88995.895.06$124,130
Feb 20147759,41497.406.19$133,776
Jan 20141,14711,12190.404.86$157,745
Dec 201395511,96191.824.35$139,772
Nov 20131,33412,46588.853.74$165,124
Oct 20131,34113,66197.423.78$182,270
Sep 20131,15512,576104.113.72$167,001
Aug 20131,13813,209104.253.52$165,167
Jul 20131,53713,943102.523.72$209,410
Jun 20131,34214,07294.403.93$182,036
May 20131,53815,35294.834.15$209,545
Apr 20131,31615,81993.964.28$191,398
Mar 20131,52118,01293.623.91$212,875
Feb 20132,10117,52391.233.42$251,601
Jan 20132,28822,25691.603.42$285,694
Dec 20122,61424,15886.773.42$309,441
Nov 20123,01729,99986.953.62$371,073
Oct 20125,91636,44489.383.40$652,670
Sep 20127,73332,94294.672.92$828,221
Aug 20128,3135792.662.91$770,448
Jul 20120085.133.02$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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas     1,541 Mcf  × $  3.05 =     $4,694

────────────────────────────────────────────────────
Month total                                   $4,694

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/26008 is the state's own key, not one this site invented.