AVERYE

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 27083District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$1.6 M
Sep 2014 – May 2026
Value, last 12 filed months
$146 k
at the published price for each month
Months reported
141
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
OilDisposition20,274 bbl$1,354,721
Casinghead gasProduction75,089 Mcf$247,296
Total$1,602,016

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 30.0765, -96.8807. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.07652, -96.88069 · 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
9,500 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 9,500 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-149305301H9,500 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 (141)

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

141 months

May 2026362997106.413.05$41,557
Apr 202618443898.932.87$19,460
Mar 202618517989.753.15$17,168
Feb 20263737663.503.75$23,971
Jan 202653814659.138.00$32,980
Dec 20251724656.664.41$9,949
Nov 202501358.593.93$51
Oct 202508059.383.30$264
Sep 20250062.743.08$0
Aug 202504763.933.01$142
Jul 202501566.743.32$50
Jun 20250066.483.13$0
May 20259226360.553.23$6,421
Apr 2025017862.363.54$631
Mar 202513228367.704.27$10,144
Feb 202514121170.884.34$10,910
Jan 202513574.324.28$224
Dec 202416013568.993.12$11,460
Nov 20240069.052.20$0
Oct 2024525871.372.28$3,844
Sep 20249837369.612.36$7,704
Aug 2024019975.632.06$411
Jul 202417118079.932.15$14,054
Jun 2024016678.082.63$437
May 2024029378.812.20$644
Apr 20241715584.451.66$14,532
Mar 2024020480.301.55$315
Feb 2024023076.091.78$410
Jan 2024012873.023.30$422
Dec 202315417571.262.61$11,431
Nov 2023029777.892.81$834
Oct 2023014085.443.09$432
Sep 202317620389.042.74$16,226
Aug 2023026080.522.67$695
Jul 202318621374.852.64$14,485
Jun 2023020368.962.26$458
May 202318821570.622.23$13,755
Apr 2023017778.122.24$396
Mar 202336844972.852.39$27,883
Feb 20231992875.112.47$15,016
Jan 2023063176.533.39$2,138
Dec 20221076.415.73$76
Nov 202204485.005.65$248
Oct 202218623787.185.86$17,605
Sep 202218724384.888.16$17,856
Aug 2022136694.529.13$3,435
Jul 20220344101.587.54$2,594
Jun 2022175468115.097.98$23,874
May 20220370109.378.43$3,120
Apr 20220360104.226.84$2,462
Mar 2022196635108.885.08$24,564
Feb 202206191.054.86$296
Jan 202220826881.844.54$18,239
Dec 2021032471.323.90$1,263
Nov 202118428777.435.24$15,750
Oct 2021066779.795.71$3,811
Sep 202109969.865.35$530
Aug 202115417866.024.22$10,918
Jul 2021031370.783.98$1,246
Jun 2021033469.493.38$1,129
May 202115640463.483.02$11,122
Apr 2021022160.362.76$610
Mar 202119235961.302.72$12,745
Feb 2021028057.805.55$1,553
Jan 2021022850.412.81$641
Dec 202016730944.642.68$8,282
Nov 2020028038.772.71$758
Oct 202017922136.972.48$7,165
Sep 2020131537.091.99$664
Aug 202018036239.982.39$8,060
Jul 202018663738.371.83$8,299
Jun 2020113334.901.69$260
May 2020037016.921.81$671
Apr 2020041214.751.80$743
Mar 2020037230.341.86$691
Feb 2020032549.881.98$644
Jan 202016841957.252.09$10,496
Dec 2019047759.012.30$1,099
Nov 201919038655.302.75$11,569
Oct 2019040953.472.42$989
Sep 2019043855.052.66$1,164
Aug 201918545753.112.30$10,878
Jul 2019145156.272.46$1,166
Jun 201919140252.782.49$11,082
May 2019046558.482.74$1,274
Apr 201918439062.632.75$12,597
Mar 2019153456.803.06$1,692
Feb 201918435850.852.79$10,356
Jan 201911,07046.033.23$3,500
Dec 20180046.594.19$0
Nov 2018021852.934.24$924
Oct 20189821561.443.40$6,752
Sep 201818044459.543.11$12,097
Aug 2018025259.403.07$773
Jul 20186325265.142.93$4,843
Jun 2018034160.183.08$1,049
May 20189054965.382.90$7,477
Apr 201814459863.842.90$10,928
Mar 2018015961.222.79$443
Feb 201895761.782.77$5,888
Jan 2018012662.874.01$505
Dec 201792057.272.92$5,269
Nov 2017022755.423.12$708
Oct 201716734649.292.98$9,264
Sep 201717139747.523.09$9,352
Aug 2017029945.373.00$898
Jul 201717731943.873.09$8,750
Jun 2017011742.493.09$361
May 201718580245.373.26$11,011
Apr 2017024647.933.21$790
Mar 201717534846.772.98$9,223
Feb 2017039250.452.95$1,157
Jan 201718391049.413.42$12,153
Dec 20166948448.763.72$34,152
Nov 201617070342.492.64$9,082
Oct 201616972846.193.09$10,056
Sep 2016054841.553.10$1,699
Aug 2016072541.442.92$2,120
Jul 2016062141.622.92$1,816
Jun 2016071145.352.69$1,910
May 2016092042.521.99$1,832
Apr 2016080136.561.99$1,595
Mar 20161901,15433.011.79$8,342
Feb 2016031926.472.06$658
Jan 2016087827.352.36$2,076
Dec 201518586132.362.00$7,710
Nov 201517537738.792.17$7,605
Oct 201537766243.552.43$18,025
Sep 201536865042.992.76$17,613
Aug 201519183840.162.87$10,078
Jul 201519183848.152.95$11,665
Jun 201501,29856.152.88$3,742
May 201501,43255.212.96$4,232
Apr 201521,95549.822.71$5,391
Mar 20151952,84542.892.93$16,713
Feb 20154742,10544.662.98$27,434
Jan 20155383,52943.433.10$34,307
Dec 20149273,25854.693.59$62,398
Nov 20147412,55070.464.25$63,053
Oct 20148792,78378.303.90$79,682
Sep 20144,4268,25186.164.05$414,723

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                  362 bbl  × $106.41 =    $38,520
Casinghead gas       997 Mcf  × $  3.05 =     $3,037

────────────────────────────────────────────────────
Month total                                  $41,557

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/27083 is the state's own key, not one this site invented.