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BRADY SCOTT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27857District 03Field 34733610OilCasinghead gasSaveExport
Value, all time
$16.2 M
Mar 2020 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
75
no gaps in the span
Streams
2
oil, casinghead gas

The GIDDINGS (EAGLEFORD) 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 414 leases and 555 wells, and the rule below applies to all of them.

Discovered
1981-07-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2013-09-24.

The Commission's schedule remark for this field reads: “FIELD. ORDER SIGNED: 04/12/16”

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
OilDisposition211,988 bbl$15,696,932
Casinghead gasProduction143,193 Mcf$549,326
Total$16,246,257

Every month this lease reported (75)

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

75 months

May 20261,462953106.413.05$158,474
Apr 20261,03459298.932.87$103,992
Mar 20261,12469089.753.15$103,052
Feb 202692648063.503.75$60,601
Jan 20261,10487859.138.00$72,302
Dec 20251,27783556.664.41$76,040
Nov 202598681558.593.93$60,970
Oct 20251,21293759.383.30$75,065
Sep 20251,3531,08862.743.08$88,235
Aug 20251,1331,28963.933.01$76,319
Jul 20251,4111,45966.743.32$99,007
Jun 20251,4131,20366.483.13$97,700
May 20251,5101,42860.553.23$96,046
Apr 20251,4571,21362.363.54$95,156
Mar 20251,5641,26067.704.27$111,261
Feb 20251,32265770.884.34$96,555
Jan 20251,6281,69574.324.28$128,245
Dec 20241,3661,48168.993.12$98,863
Nov 20241,8491,61869.052.20$131,231
Oct 20242,3771,60971.372.28$173,317
Sep 202475092669.612.36$54,397
Aug 20241,6721,76775.632.06$130,100
Jul 20241,7991,71179.932.15$147,467
Jun 20241,8381,96878.082.63$148,695
May 20241,9782,07278.812.20$160,441
Apr 20241,8661,96984.451.66$160,851
Mar 20241,8721,66680.301.55$152,896
Feb 20241,96864776.091.78$150,899
Jan 20241,64286273.023.30$122,741
Dec 20232,1531,61471.262.61$157,636
Nov 20231,7722,98777.892.81$146,407
Oct 20232,1953,32285.443.09$197,797
Sep 20232,3534,00689.042.74$220,468
Aug 20232,1882,40080.522.67$182,593
Jul 20232,3872,39274.852.64$184,986
Jun 20232,3832,45268.962.26$169,869
May 20232,6212,70170.622.23$191,111
Apr 20232,0992,60078.122.24$169,792
Mar 20232,6643,16572.852.39$201,647
Feb 20232,7512,59275.112.47$213,019
Jan 20232,5083,05576.533.39$202,287
Dec 20222,9723,18476.415.73$245,332
Nov 20223,0333,99785.005.65$280,373
Oct 20223,2033,76087.185.86$301,285
Sep 20223,1421,54184.888.16$279,273
Aug 20222,5871,92894.529.13$262,120
Jul 20222,9182,265101.587.54$313,493
Jun 20223,1622,171115.097.98$381,233
May 20223,4282,188109.378.43$393,372
Apr 20223,7801,890104.226.84$406,875
Mar 20223,7012,225108.885.08$414,260
Feb 20223,8585,01791.054.86$375,648
Jan 20223,2443,95881.844.54$283,449
Dec 20215,3752,08971.323.90$391,490
Nov 20215,75383177.435.24$449,807
Oct 20214,07483379.795.71$329,824
Sep 20214,4212,54769.865.35$322,480
Aug 20217,2144,06166.024.22$493,408
Jul 20217,7564,76670.783.98$567,948
Jun 20218,7765,35669.493.38$627,951
May 202111,30711,70663.483.02$753,093
Apr 202118,0744,98760.362.76$1,104,703
Mar 202129,2432,83961.302.72$1,800,309
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$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                1,462 bbl  × $106.41 =   $155,571
Casinghead gas       953 Mcf  × $  3.05 =     $2,903

────────────────────────────────────────────────────
Month total                                 $158,474

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/27857 is the state's own key, not one this site invented.