ROBYN

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 27580District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$13.8 M
May 2019 – May 2026
Value, last 12 filed months
$473 k
at the published price for each month
Months reported
85
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
OilDisposition209,570 bbl$12,590,771
Casinghead gasProduction374,298 Mcf$1,213,134
Total$13,803,905

Every month this lease reported (85)

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

85 months

May 20265411,707106.413.05$62,767
Apr 20263601,79698.932.87$40,769
Mar 20263481,74689.753.15$36,732
Feb 20265291,92363.503.75$40,803
Jan 20263581,62659.138.00$34,173
Dec 20255321,77856.664.41$37,990
Nov 20255441,73558.593.93$38,685
Oct 20255381,92159.383.30$38,295
Sep 20253531,96962.743.08$28,206
Aug 20255362,17763.933.01$40,830
Jul 20253512,19366.743.32$30,696
Jun 20255382,24466.483.13$42,787
May 20255252,41660.553.23$39,598
Apr 20255392,36662.363.54$41,995
Mar 20257142,90367.704.27$60,729
Feb 20255202,30170.884.34$46,846
Jan 20257163,32274.324.28$67,427
Dec 20247053,79368.993.12$60,477
Nov 20245202,95069.052.20$42,391
Oct 20247063,72271.372.28$58,879
Sep 20247084,52969.612.36$59,992
Aug 20247084,17675.632.06$62,164
Jul 20247054,14579.932.15$65,248
Jun 20247023,93878.082.63$65,185
May 20248793,82078.812.20$77,672
Apr 20248864,10184.451.66$81,627
Mar 20249054,59680.301.55$79,773
Feb 20249073,42776.091.78$75,126
Jan 20241,0833,42873.023.30$90,385
Dec 20233691,49671.262.61$30,201
Nov 20235252,33777.892.81$47,454
Oct 20236874,29985.443.09$71,970
Sep 20231,0624,56789.042.74$107,051
Aug 20231,2634,04480.522.67$112,506
Jul 20233502,46774.852.64$32,715
Jun 20236862,36668.962.26$52,650
May 20239004,16870.622.23$72,842
Apr 20231,0783,67278.122.24$92,430
Mar 20231,0785,56872.852.39$91,857
Feb 20231,0633,56075.112.47$88,620
Jan 20231,0793,90476.533.39$95,802
Dec 20221,0663,78276.415.73$103,120
Nov 20221,0553,83585.005.65$111,328
Oct 20221,0854,03787.185.86$118,262
Sep 20221,2543,91384.888.16$138,384
Aug 20221,0804,10994.529.13$139,585
Jul 20221,2694,091101.587.54$159,760
Jun 20221,0793,826115.097.98$154,703
May 20221,2594,588109.378.43$176,388
Apr 20221,4464,357104.226.84$180,494
Mar 20221,4423,646108.885.08$175,514
Feb 20221,4653,20391.054.86$148,951
Jan 20222,9121,45181.844.54$244,902
Dec 20211,9953,85571.323.90$157,315
Nov 20212,1212,29877.435.24$176,263
Oct 20215,7434,31979.795.71$482,912
Sep 20211,0331,21569.865.35$78,667
Aug 20212,6214,09966.024.22$190,339
Jul 20212,8514,28070.783.98$218,837
Jun 20213,2654,25069.493.38$241,252
May 20212,4964,44363.483.02$171,854
Apr 20212,8914,39360.362.76$186,619
Mar 20213,2914,67861.302.72$214,448
Feb 20212,1423,23457.805.55$141,750
Jan 20214,3034,22750.412.81$228,793
Dec 20203,9715,03544.642.68$190,736
Nov 20203,9745,03538.772.71$167,700
Oct 20204,7037,50636.972.48$192,473
Sep 20205,8586,80237.091.99$230,816
Aug 20204,7855,25939.982.39$203,848
Jul 20200038.371.83$0
Jun 2020176034.901.69$6,142
May 20200016.921.81$0
Apr 20208991,66614.751.80$16,266
Mar 20204,9638,81130.341.86$166,933
Feb 20206,0778,85749.881.98$320,664
Jan 20206,27011,17857.252.09$382,373
Dec 20197,38411,98659.012.30$463,350
Nov 20197,0868,79755.302.75$416,054
Oct 20195,7499,31553.472.42$329,928
Sep 20198,20614,59955.052.66$490,534
Aug 201912,32617,55453.112.30$695,085
Jul 201915,20818,31056.272.46$900,798
Jun 201919,68413,07552.782.49$1,071,494
May 201912,9915,18858.482.74$773,930

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                  541 bbl  × $106.41 =    $57,568
Casinghead gas     1,707 Mcf  × $  3.05 =     $5,199

────────────────────────────────────────────────────
Month total                                  $62,767

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/27580 is the state's own key, not one this site invented.