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MOLLUSC

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 27504District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$7.2 M
Oct 2018 – May 2026
Value, last 12 filed months
$262 k
at the published price for each month
Months reported
92
no gaps in the span
Streams
2
oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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
OilDisposition115,378 bbl$6,608,926
Casinghead gasProduction187,894 Mcf$619,779
Total$7,228,705

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 30.1694, -96.8167. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.16936, -96.81673 · 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
9,906 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 9,906 ft.

Completions filed
Oct 2018
1 of 1 wells

1 well

42-28732720A 1H9,906 ftOct 2018——

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 (92)

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

92 months

May 2026186778106.413.05$22,162
Apr 202680812498.932.87$80,291
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202617463059.138.00$15,327
Dec 202551948756.664.41$31,556
Nov 202517653158.593.93$12,397
Oct 202534854959.383.30$22,479
Sep 202537196962.743.08$26,258
Aug 202518662463.933.01$13,772
Jul 202515269266.743.32$12,439
Jun 202534859966.483.13$25,009
May 202536140260.553.23$23,158
Apr 202532668862.363.54$22,767
Mar 202534669267.704.27$26,378
Feb 20253611,19970.884.34$30,792
Jan 202502974.324.28$124
Dec 202434546368.993.12$25,247
Nov 202419070569.052.20$14,669
Oct 202429545671.372.28$22,094
Sep 202435592669.612.36$26,901
Aug 20243621,16775.632.06$29,786
Jul 202418658279.932.15$16,116
Jun 202437155378.082.63$30,424
May 202418148178.812.20$15,322
Apr 202437113684.451.66$31,557
Mar 202436166880.301.55$30,020
Feb 202437664976.091.78$29,767
Jan 202418672873.023.30$15,982
Dec 202337663671.262.61$28,454
Nov 202337152377.892.81$30,366
Oct 202335994785.443.09$33,597
Sep 202337171689.042.74$34,992
Aug 202355643180.522.67$45,921
Jul 202356146774.852.64$43,225
Jun 202357787968.962.26$41,775
May 202337447870.622.23$27,477
Apr 202356966478.122.24$45,936
Mar 202356997572.852.39$43,785
Feb 20235691,02075.112.47$45,253
Jan 20235691,04876.533.39$47,096
Dec 202236159376.415.73$30,981
Nov 202257060285.005.65$51,849
Oct 20225481,35687.185.86$55,726
Sep 20227181,40484.888.16$72,406
Aug 20225531,52694.529.13$66,198
Jul 20225481,829101.587.54$69,460
Jun 20225581,770115.097.98$78,340
May 20225542,041109.378.43$77,803
Apr 20225601,655104.226.84$69,679
Mar 20229361,940108.885.08$111,760
Feb 20223611,93591.054.86$42,271
Jan 20227421,87881.844.54$69,247
Dec 20217411,66171.323.90$59,325
Nov 20217611,53177.435.24$66,942
Oct 20217161,98879.795.71$68,489
Sep 20219002,46869.865.35$76,080
Aug 20217232,18566.024.22$56,954
Jul 20219102,30770.783.98$73,596
Jun 20218802,79969.493.38$70,614
May 20211,0992,80063.483.02$78,214
Apr 20219021,97960.362.76$59,904
Mar 20211,2802,87261.302.72$86,267
Feb 20215361,79557.805.55$40,939
Jan 20211,0712,77550.412.81$61,788
Dec 20201,0833,09644.642.68$56,628
Nov 20201,0743,06538.772.71$49,935
Oct 20201,0712,06536.972.48$44,713
Sep 20201,3972,14237.091.99$56,080
Aug 20201,2412,19539.982.39$54,850
Jul 20201,0462,60538.371.83$44,889
Jun 20203,4452,83434.901.69$125,021
May 202003,14216.921.81$5,702
Apr 20201,1163,09314.751.80$22,042
Mar 20201,6363,44730.341.86$56,035
Feb 20202,0033,20049.881.98$106,248
Jan 20201,6413,37957.252.09$101,025
Dec 20191,8063,93359.012.30$115,635
Nov 20192,1764,14855.302.75$131,743
Oct 20192,3284,36853.472.42$135,042
Sep 20192,6304,81955.052.66$157,587
Aug 20193,3335,90053.112.30$190,611
Jul 20193,5196,31356.272.46$213,544
Jun 20194,5776,98052.782.49$258,963
May 20192,3571,65458.482.74$142,370
Apr 20195,6328,74162.632.75$376,776
Mar 20195,7427,53156.803.06$349,206
Feb 201910,01510,41450.852.79$538,341
Jan 20197,0174,42746.033.23$337,284
Dec 20189,1917,61746.594.19$460,089
Nov 20186,3555,73152.934.24$360,654
Oct 20183577561.443.40$22,189

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                  186 bbl  × $106.41 =    $19,792
Casinghead gas       778 Mcf  × $  3.05 =     $2,370

────────────────────────────────────────────────────
Month total                                  $22,162

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/27504 is the state's own key, not one this site invented.