LIEBSCHER-O. L. UNIT

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 26398District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$24.3 M
Sep 2013 – May 2026
Value, last 12 filed months
$84 k
at the published price for each month
Months reported
153
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
OilDisposition263,450 bbl$19,242,545
Casinghead gasProduction1,430,102 Mcf$5,088,977
Total$24,331,521

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 30.1654, -96.7294. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.16544, -96.72941 · 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
10,832 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 10,832 ft.

Completions filed
Sep 2013
1 of 1 wells

1 well

42-477309972H10,832 ftSep 2013

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 (153)

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

153 months

May 20260251106.413.05$765
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202616429359.138.00$12,041
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20251159.383.30$63
Sep 2025011162.743.08$342
Aug 20251363.933.01$73
Jul 20253492,86366.743.32$32,784
Jun 20253704,14366.483.13$37,560
May 20255403,67260.553.23$44,566
Apr 20258992,99362.363.54$66,666
Mar 20253621,49667.704.27$30,893
Feb 20250070.884.34$0
Jan 202528874.324.28$525
Dec 202406268.993.12$194
Nov 202417893369.052.20$14,342
Oct 202403171.372.28$71
Sep 20240169.612.36$2
Aug 20243652,52775.632.06$32,820
Jul 20245466,30279.932.15$57,170
Jun 20249066,92978.082.63$88,991
May 20245404,66278.812.20$52,807
Apr 20247366,01284.451.66$72,130
Mar 20247437,83180.301.55$71,763
Feb 20247122,86676.091.78$59,288
Jan 20245626,75873.023.30$63,323
Dec 20239237,82371.262.61$86,197
Nov 20231,0917,91977.892.81$107,211
Oct 20239004,77785.443.09$91,644
Sep 20237462,84189.042.74$74,194
Aug 20238922,95880.522.67$79,730
Jul 20237612,13874.852.64$62,609
Jun 20231,1021,77768.962.26$80,007
May 20233681,70570.622.23$29,786
Apr 202317915278.122.24$14,324
Mar 202318242972.852.39$14,285
Feb 202337243875.112.47$29,021
Jan 202355689976.533.39$45,596
Dec 202217968176.415.73$17,579
Nov 20223651,09085.005.65$37,179
Oct 20223701,02887.185.86$38,285
Sep 20225362,40684.888.16$65,137
Aug 20225431,01594.529.13$60,588
Jul 2022533668101.587.54$59,180
Jun 20225541,797115.097.98$78,095
May 20225481,966109.378.43$76,514
Apr 20221237104.226.84$1,725
Mar 202200108.885.08$0
Feb 20221,1061,97491.054.86$110,293
Jan 20225392,31381.844.54$54,607
Dec 20215551,76271.323.90$46,453
Nov 20210077.435.24$0
Oct 202106679.795.71$377
Sep 20210069.865.35$0
Aug 20211,1624,25066.024.22$94,653
Jul 20211,2514,82370.783.98$107,751
Jun 20211,3324,26669.493.38$106,982
May 20218973,73463.483.02$68,210
Apr 20217213,50760.362.76$53,193
Mar 20211801,76461.302.72$15,827
Feb 20210257.805.55$11
Jan 202105050.412.81$141
Dec 20203511,66944.642.68$20,134
Nov 20201,0825,55238.772.71$56,976
Oct 20207205,95236.972.48$41,370
Sep 20207165,85437.091.99$38,212
Aug 20208836,19839.982.39$50,085
Jul 20208996,57138.371.83$46,487
Jun 20201,0756,46534.901.69$48,445
May 20208996,83016.921.81$27,606
Apr 20201,2676,79114.751.80$30,942
Mar 20209017,28730.341.86$40,863
Feb 20208997,45749.881.98$59,612
Jan 20201,4218,44657.252.09$99,044
Dec 20197183,91759.012.30$51,395
Nov 20198825,88155.302.75$64,951
Oct 20198917,16353.472.42$64,966
Sep 20191,2277,79355.052.66$88,255
Aug 20191,0567,74253.112.30$73,925
Jul 20191,0528,59856.272.46$80,348
Jun 20191,0508,46652.782.49$76,510
May 20191,2418,89958.482.74$96,960
Apr 20191,2628,73462.632.75$103,064
Mar 20191,1139,14756.803.06$91,227
Feb 20191,2648,64150.852.79$88,402
Jan 20191,47110,36046.033.23$101,154
Dec 20181,47611,89146.594.19$118,536
Nov 20181,66912,67352.934.24$142,039
Oct 20181,45313,31861.443.40$134,528
Sep 20181,2629,25259.543.11$103,895
Aug 20185422,00259.403.07$38,334
Jul 20181,1006,02765.142.93$89,324
Jun 20181,0824,40460.183.08$78,666
May 20182,07216,06865.382.90$182,077
Apr 20181,55211,27263.842.90$131,778
Mar 201819010861.222.79$11,933
Feb 20189422,70261.782.77$65,671
Jan 20189666,90862.874.01$88,429
Dec 20170057.272.92$0
Nov 20177705,38855.423.12$59,475
Oct 20171,50710,03149.292.98$104,209
Sep 20171,3238,00847.523.09$87,592
Aug 20171,1487,00845.373.00$73,140
Jul 20171,3368,75243.873.09$85,630
Jun 20171,5078,77142.493.09$91,111
May 20171,3247,89545.373.26$85,834
Apr 20171,3418,72347.933.21$92,289
Mar 20171,71710,19746.772.98$110,729
Feb 20179626,38450.452.95$67,382
Jan 20171,52810,78749.413.42$112,377
Dec 20161,71111,13848.763.72$124,893
Nov 20161,85710,75642.492.64$107,347
Oct 20161,67311,53946.193.09$112,934
Sep 20161,86713,04341.553.10$118,015
Aug 20161,3108,73441.442.92$79,828
Jul 20161,86013,07241.622.92$115,640
Jun 20161,85612,81345.352.69$118,583
May 20162,04812,84842.521.99$112,662
Apr 20162,04612,84136.561.99$100,369
Mar 20162,24313,45933.011.79$98,187
Feb 20162,24113,47826.472.06$87,133
Jan 20162,64516,00727.352.36$110,187
Dec 20152,64715,07532.362.00$115,828
Nov 20152,68515,73138.792.17$138,245
Oct 20157171,18543.552.43$34,101
Sep 20152,81713,35842.992.76$157,950
Aug 201557547440.162.87$24,454
Jul 20151,12556248.152.95$55,824
Jun 20159441,66656.152.88$57,808
May 20152,29210,57355.212.96$157,789
Apr 20152,28311,02349.822.71$143,574
Mar 20153,07117,00842.892.93$181,629
Feb 20153,23520,10644.662.98$204,314
Jan 20153,97424,41443.433.10$248,290
Dec 20141,92910,96454.693.59$144,873
Nov 20144,19726,59070.464.25$408,777
Oct 20141,5298,26878.303.90$151,974
Sep 20144,59726,84686.164.05$504,681
Aug 20145,33932,02989.394.04$606,494
Jul 20145,90135,23996.564.18$717,085
Jun 20146,13937,58698.164.74$780,645
May 20147,72941,39494.734.73$927,819
Apr 20147,99842,04095.944.81$969,504
Mar 20146,91534,99095.895.06$840,017
Feb 20149,11645,32297.406.19$1,168,532
Jan 201412,37055,90590.404.86$1,389,987
Dec 201315,54163,66691.824.35$1,704,207
Nov 201314,34858,56288.853.74$1,493,741
Oct 201317,11576,90697.423.78$1,957,999
Sep 201312,43659,827104.113.72$1,517,133

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       251 Mcf  × $  3.05 =       $765

────────────────────────────────────────────────────
Month total                                     $765

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/26398 is the state's own key, not one this site invented.