FLECK

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 26508District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$6.7 M
Jul 2014 – May 2026
Value, last 12 filed months
$83 k
at the published price for each month
Months reported
143
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
OilDisposition119,421 bbl$6,441,187
Casinghead gasProduction77,553 Mcf$227,553
Total$6,668,740

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 29.8956, -97.1230. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.89565, -97.12300 · 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
7,862 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 7,862 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-149333611H7,862 ftSep 2014

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 (143)

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

143 months

May 202617718106.413.05$18,889
Apr 202615598.932.87$257
Mar 202665589.753.15$712
Feb 20261619563.503.75$10,580
Jan 202619611559.138.00$12,509
Dec 20251510756.664.41$1,322
Nov 202519410058.593.93$11,759
Oct 20252310059.383.30$1,696
Sep 20251938362.743.08$12,364
Aug 202555363.933.01$479
Jul 20251802366.743.32$12,089
Jun 202518766.483.13$339
May 20250060.553.23$0
Apr 202511662.363.54$119
Mar 202504967.704.27$209
Feb 2025021670.884.34$938
Jan 2025021774.324.28$928
Dec 2024016768.993.12$521
Nov 20240069.052.20$0
Oct 202406271.372.28$141
Sep 202409669.612.36$227
Aug 202419575.632.06$272
Jul 202401379.932.15$28
Jun 20240678.082.63$16
May 2024015178.812.20$332
Apr 20241284.451.66$88
Mar 202411080.301.55$96
Feb 2024176576.091.78$13,401
Jan 20246473.023.30$451
Dec 20232371.262.61$150
Nov 20231277.892.81$84
Oct 202341785.443.09$394
Sep 202311189.042.74$119
Aug 202321080.522.67$188
Jul 20230674.852.64$16
Jun 2023172968.962.26$11,881
May 202311070.622.23$93
Apr 20231878.122.24$96
Mar 202311172.852.39$99
Feb 202321075.112.47$175
Jan 202311276.533.39$117
Dec 202231876.415.73$332
Nov 20221831685.005.65$15,645
Oct 202212387.185.86$222
Sep 202201084.888.16$82
Aug 202211294.529.13$204
Jul 2022132101.587.54$343
Jun 2022169115.097.98$666
May 202209109.378.43$76
Apr 2022370104.226.84$791
Mar 2022238108.885.08$411
Feb 20221911191.054.86$17,444
Jan 202221381.844.54$223
Dec 20211971.323.90$106
Nov 202111977.435.24$177
Oct 202121879.795.71$262
Sep 202113569.865.35$257
Aug 202123066.024.22$259
Jul 20211824170.783.98$13,045
Jun 202104569.493.38$152
May 202119063.483.02$335
Apr 20211849560.362.76$11,368
Mar 2021014461.302.72$391
Feb 2021011257.805.55$621
Jan 202118111050.412.81$9,433
Dec 202006244.642.68$166
Nov 202008838.772.71$238
Oct 202009936.972.48$245
Sep 202017810037.091.99$6,801
Aug 2020012539.982.39$298
Jul 202018214738.371.83$7,252
Jun 2020025534.901.69$431
May 2020183616.921.81$3,107
Apr 202056968114.751.80$9,622
Mar 202056764030.341.86$18,391
Feb 202038439049.881.98$19,926
Jan 202052176357.252.09$31,426
Dec 201955262759.012.30$34,018
Nov 201938562655.302.75$23,012
Oct 201954932953.472.42$30,151
Sep 20195631,11255.052.66$33,948
Aug 201957363953.112.30$31,905
Jul 201987556256.272.46$50,619
Jun 20195561,17752.782.49$32,278
May 201972159958.482.74$43,806
Apr 201936926362.632.75$23,834
Mar 201919641756.803.06$12,410
Feb 201975362950.852.79$40,046
Jan 20199251,32346.033.23$46,849
Dec 20187451,25546.594.19$39,962
Nov 20181,1281,15252.934.24$64,586
Oct 201873772761.443.40$47,752
Sep 20181,4631,60859.543.11$92,105
Aug 20181,08163659.403.07$66,162
Jul 201817812465.142.93$11,958
Jun 20181,09678960.183.08$68,385
May 20181,12619665.382.90$74,186
Apr 20181,09717363.842.90$70,534
Mar 20181,09623961.222.79$67,763
Feb 201837011961.782.77$23,188
Jan 2018212662.874.01$631
Dec 201719111157.272.92$11,263
Nov 2017135055.423.12$1,147
Oct 20170049.292.98$0
Sep 2017015647.523.09$482
Aug 201718135445.373.00$9,276
Jul 201717637543.873.09$8,879
Jun 2017536042.493.09$1,324
May 201718622845.373.26$9,183
Apr 20178941,77347.933.21$48,544
Mar 20177061,83746.772.98$38,501
Feb 201755925650.452.95$28,957
Jan 20179162,00649.413.42$52,118
Dec 20169131,07348.763.72$48,512
Nov 20161,4682,22842.492.64$68,267
Oct 20161,11689846.193.09$54,323
Sep 201672345441.553.10$31,448
Aug 201691498541.442.92$40,757
Jul 20161,10389241.622.92$48,515
Jun 20161,0751,09245.352.69$51,684
May 20161,09391642.521.99$48,298
Apr 20161,2921,07936.561.99$49,384
Mar 20161,10092133.011.79$37,963
Feb 20161,2931,32426.472.06$36,958
Jan 20162,1761,78627.352.36$63,736
Dec 20151,8312,11632.362.00$63,486
Nov 20151,4691,81538.792.17$60,916
Oct 20151,8662,23743.552.43$86,693
Sep 20151,8632,34142.992.76$86,548
Aug 20153,0783,09840.162.87$132,511
Jul 20151,7682,01848.152.95$91,072
Jun 20153,1012,76056.152.88$182,078
May 20153,4142,82155.212.96$196,824
Apr 20154,3642,69849.822.71$224,717
Mar 20152,6971,47742.892.93$120,009
Feb 20157,4671,59444.662.98$338,220
Jan 201510,5012,27043.433.10$463,097
Dec 201410,5612,81954.693.59$587,705
Nov 201410,0592,28070.464.25$718,451
Oct 201412,3541,77478.303.90$974,239
Sep 20142,756086.164.05$237,457
Aug 20141089.394.04$89
Jul 20141096.564.18$97

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                  177 bbl  × $106.41 =    $18,835
Casinghead gas        18 Mcf  × $  3.05 =        $55

────────────────────────────────────────────────────
Month total                                  $18,889

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/26508 is the state's own key, not one this site invented.