LITTLEFIELD CO-OP

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 26730District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$14.8 M
Mar 2014 – May 2026
Value, last 12 filed months
$508 k
at the published price for each month
Months reported
147
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
OilDisposition164,045 bbl$10,895,584
Casinghead gasProduction1,145,398 Mcf$3,940,839
Total$14,836,422

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 30.2059, -96.6710. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.20593, -96.67102 · 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
11,123 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 11,123 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-47731003111,123 ftAug 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 (147)

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

147 months

May 20265374,052106.413.05$69,484
Apr 20265522,71398.932.87$62,395
Mar 20265413,59889.753.15$59,886
Feb 20263752,91863.503.75$34,756
Jan 20265476,38659.138.00$83,419
Dec 20257367,71056.664.41$75,729
Nov 20257365,96058.593.93$66,524
Oct 20253853,59859.383.30$34,752
Sep 202511,48162.743.08$4,620
Aug 2025289463.933.01$2,823
Jul 20250066.743.32$0
Jun 202517370866.483.13$13,716
May 20257408,72160.553.23$72,996
Apr 20251,0068,80062.363.54$93,914
Mar 20251,28810,79267.704.27$133,261
Feb 20257208,09270.884.34$86,160
Jan 20251,08710,40374.324.28$125,297
Dec 20241,08812,10168.993.12$112,833
Nov 20241,26811,18869.052.20$112,152
Oct 20241,62013,65371.372.28$146,767
Sep 20241,2779,87869.612.36$112,247
Aug 2024041375.632.06$852
Jul 2024055979.932.15$1,200
Jun 20247414,91578.082.63$70,803
May 202401,50378.812.20$3,304
Apr 20245537,11184.451.66$58,499
Mar 20243685,06680.301.55$37,378
Feb 20243644,04876.091.78$34,917
Jan 20245592,69073.023.30$49,689
Dec 20235452,56771.262.61$45,538
Nov 20235085,60577.892.81$55,304
Oct 20237223,46785.443.09$72,391
Sep 20235554,73289.042.74$62,359
Aug 2023553680.522.67$1,835
Jul 20235594,73174.852.64$54,340
Jun 20235575,88068.962.26$51,691
May 202337662670.622.23$27,947
Apr 20235513,24078.122.24$50,294
Mar 20235593,96672.852.39$50,214
Feb 20237381,34075.112.47$58,735
Jan 202354237276.533.39$42,739
Dec 20223734,33076.415.73$53,308
Nov 20227425,43885.005.65$93,774
Oct 20225484,26687.185.86$72,789
Sep 20227263,66984.888.16$91,575
Aug 20225544,59694.529.13$94,313
Jul 20225474,030101.587.54$85,959
Jun 20227353,248115.097.98$110,501
May 20227333,892109.378.43$112,990
Apr 20227273,135104.226.84$97,204
Mar 20227513,874108.885.08$101,435
Feb 20225592,35391.054.86$62,330
Jan 20229244,72881.844.54$97,074
Dec 20218565,10471.323.90$80,951
Nov 20219085,72877.435.24$100,303
Oct 20219025,65479.795.71$104,277
Sep 20211,0936,45369.865.35$110,886
Aug 20211,0905,45366.024.22$94,977
Jul 20213803,75970.783.98$41,865
Jun 20217414,18969.493.38$65,654
May 20217424,59363.483.02$60,962
Apr 20215581,99460.362.76$39,181
Mar 20215451,42961.302.72$37,291
Feb 20217433,47457.805.55$62,219
Jan 20211791,79650.412.81$14,071
Dec 20205462,80944.642.68$31,889
Nov 20207092,56338.772.71$34,425
Oct 20205522,69936.972.48$27,097
Sep 20205402,82137.091.99$25,645
Aug 20207303,10839.982.39$36,598
Jul 20207193,07638.371.83$33,202
Jun 20205653,26834.901.69$25,242
May 20205504,19416.921.81$16,917
Apr 20209183,75014.751.80$20,307
Mar 20203723,73030.341.86$18,210
Feb 20207363,49449.881.98$43,632
Jan 20207304,18357.252.09$50,555
Dec 20197283,37859.012.30$50,743
Nov 20197242,97855.302.75$48,229
Oct 20199045,33553.472.42$61,240
Sep 20195396,06655.052.66$45,791
Aug 20198996,90053.112.30$63,646
Jul 20197156,61756.272.46$56,511
Jun 20197215,74052.782.49$52,354
May 20199087,16858.482.74$72,742
Apr 20199257,82062.632.75$79,443
Mar 20199149,84256.803.06$82,052
Feb 20191,0688,68550.852.79$78,558
Jan 201907,77946.033.23$25,112
Dec 20181,1037,93446.594.19$84,596
Nov 20181,0296,40052.934.24$81,583
Oct 201818737261.443.40$12,753
Sep 20183753,11559.543.11$32,009
Aug 20189357,23459.403.07$77,723
Jul 20181,1119,82165.142.93$101,165
Jun 201872111,36460.183.08$78,356
May 20181,12511,88465.382.90$108,026
Apr 20181875,62163.842.90$28,243
Mar 20181,1519,50961.222.79$96,964
Feb 20189528,72661.782.77$82,952
Jan 20181,1683,66962.874.01$88,142
Dec 20171,1754,99557.272.92$81,885
Nov 20173831,39655.423.12$25,579
Oct 20179424,35649.292.98$59,428
Sep 20173733,74147.523.09$29,274
Aug 20177513,94945.373.00$45,937
Jul 20179534,62243.873.09$56,078
Jun 20171,1526,07042.493.09$67,688
May 20179566,51945.373.26$64,648
Apr 20179536,33147.933.21$66,010
Mar 20171,13587746.772.98$55,701
Feb 20179586,37050.452.95$67,139
Jan 20171,3287,38549.413.42$90,864
Dec 20169615,15048.763.72$66,031
Nov 20161,1525,51142.492.64$63,521
Oct 20161,3347,47346.193.09$84,711
Sep 20161,1297,54041.553.10$70,289
Aug 20161,3069,52841.442.92$81,984
Jul 20161,1019,26841.622.92$72,926
Jun 20161,5062,60545.352.69$75,294
May 20161,27813,24342.521.99$80,708
Apr 20161,32417,36036.561.99$82,970
Mar 20162,0652,92733.011.79$73,417
Feb 2016054726.472.06$1,129
Jan 20161,51915,89227.352.36$79,119
Dec 20151,3235,16132.362.00$53,142
Nov 20151,71519,89038.792.17$109,633
Oct 20151,52318,96343.552.43$112,342
Sep 20151,69717,23142.992.76$120,484
Aug 20151,89024,38040.162.87$145,934
Jul 20151,88814,11048.152.95$132,462
Jun 20152,09313,64356.152.88$156,853
May 20152,08212,59455.212.96$152,168
Apr 20152,11626,47249.822.71$177,067
Mar 20152,50227,13442.892.93$186,941
Feb 20152,12110,96944.662.98$127,370
Jan 20152,66830,60043.433.10$210,751
Dec 20143,11331,88754.693.59$284,768
Nov 20142,99514,96770.464.25$274,665
Oct 20143,82432,22478.303.90$425,124
Sep 20143,44812,92386.164.05$349,359
Aug 20144,40625,47089.394.04$496,627
Jul 20145,50732,61896.564.18$668,086
Jun 20146,51821,88698.164.74$743,478
May 20149,63152,05294.734.73$1,158,372
Apr 20148,35848,71995.944.81$1,036,162
Mar 20140095.895.06$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                  537 bbl  × $106.41 =    $57,142
Casinghead gas     4,052 Mcf  × $  3.05 =    $12,342

────────────────────────────────────────────────────
Month total                                  $69,484

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/26730 is the state's own key, not one this site invented.