COCCOLITH

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 27518District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$6.4 M
Oct 2018 – May 2026
Value, last 12 filed months
$246 k
at the published price for each month
Months reported
92
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
OilDisposition103,167 bbl$5,870,358
Casinghead gasProduction169,524 Mcf$557,701
Total$6,428,059

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 30.1716, -96.8148. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.17158, -96.81475 · 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
9,904 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 9,904 ft.

Completions filed
Oct 2018
1 of 1 wells

1 well

42-28732719A 1H9,904 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 2026177180106.413.05$19,383
Apr 2026824098.932.87$81,518
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202635752459.138.00$25,300
Dec 202518045356.664.41$12,198
Nov 202537360158.593.93$24,214
Oct 202535832059.383.30$22,316
Sep 202517247962.743.08$12,265
Aug 202535963163.933.01$24,853
Jul 2025029566.743.32$978
Jun 202533129666.483.13$22,931
May 202517419960.553.23$11,179
Apr 202535238162.363.54$23,301
Mar 202535673467.704.27$27,234
Feb 202537165370.884.34$29,131
Jan 202502874.324.28$120
Dec 202419038368.993.12$14,304
Nov 202417564069.052.20$13,491
Oct 202418156571.372.28$14,207
Sep 202454375269.612.36$39,576
Aug 202436878375.632.06$29,448
Jul 202419045379.932.15$16,159
Jun 202419045478.082.63$16,031
May 202436628478.812.20$29,469
Apr 202437616784.451.66$32,030
Mar 202418631380.301.55$15,419
Feb 202437538276.091.78$29,215
Jan 202436063073.023.30$28,365
Dec 202335947371.262.61$26,817
Nov 202337147277.892.81$30,222
Oct 202317241885.443.09$15,986
Sep 202319128289.042.74$17,778
Aug 202336914080.522.67$30,086
Jul 202354917674.852.64$41,558
Jun 202318076168.962.26$14,132
May 202337337070.622.23$27,165
Apr 202338050478.122.24$30,813
Mar 202337980772.852.39$29,541
Feb 202336977575.112.47$29,626
Jan 20235511,01676.533.39$45,610
Dec 202219045876.415.73$17,142
Nov 202233649585.005.65$31,355
Oct 20223671,21587.185.86$39,120
Sep 20225481,27184.888.16$56,890
Aug 20223681,37594.529.13$47,333
Jul 20225641,620101.587.54$69,509
Jun 20225481,580115.097.98$75,673
May 20223561,848109.378.43$54,520
Apr 20227541,466104.226.84$88,606
Mar 20225611,814108.885.08$70,290
Feb 20223731,94791.054.86$43,422
Jan 20225381,80081.844.54$52,198
Dec 20215281,46871.323.90$43,381
Nov 20215431,38477.435.24$49,292
Oct 20215421,82479.795.71$53,668
Sep 20216802,37869.865.35$60,229
Aug 20216822,17566.024.22$54,205
Jul 20217072,29470.783.98$59,176
Jun 20215632,58069.493.38$47,845
May 20217062,82463.483.02$53,339
Apr 20217291,99760.362.76$49,511
Mar 20211,0682,89761.302.72$73,339
Feb 20215191,98557.805.55$41,011
Jan 20218842,99750.412.81$52,985
Dec 20208923,09644.642.68$48,102
Nov 20208773,06538.772.71$42,297
Oct 20208762,06536.972.48$37,504
Sep 20201,0862,14237.091.99$44,545
Aug 20209032,19539.982.39$41,337
Jul 20201,0572,60538.371.83$45,312
Jun 20202,5302,83434.901.69$93,087
May 202003,14216.921.81$5,702
Apr 20209293,09314.751.80$19,284
Mar 20201,6193,44730.341.86$55,519
Feb 20201,6453,20049.881.98$88,391
Jan 20201,4493,37957.252.09$90,033
Dec 20191,8203,93359.012.30$116,461
Nov 20191,7854,14855.302.75$110,120
Oct 20192,1544,36853.472.42$125,739
Sep 20192,3584,81955.052.66$142,613
Aug 20192,3585,90053.112.30$138,829
Jul 20193,4226,48556.272.46$208,509
Jun 20193,5597,28852.782.49$206,000
May 20192,6952,00458.482.74$163,095
Apr 20194,8416,09462.632.75$319,955
Mar 20195,7494,90056.803.06$341,547
Feb 20197,3636,10650.852.79$391,458
Jan 20196,9545,53446.033.23$337,957
Dec 20189,3956,09346.594.19$463,215
Nov 20188,1916,04952.934.24$459,181
Oct 20188797461.443.40$54,257

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       180 Mcf  × $  3.05 =       $548

────────────────────────────────────────────────────
Month total                                  $19,383

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/27518 is the state's own key, not one this site invented.