MineralRecord
Log inSign up

GRAND CANYON A

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 27917District 03Field 34733500ST-1 filingOilCasinghead gasSaveExport
Value, all time
$34.7 M
Oct 2020 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
68
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”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
ST-11none—237956

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition400,988 bbl$26,914,908
Casinghead gasProduction2,002,334 Mcf$7,829,933
Total$34,744,841

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 30.2516, -96.6813. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.25156, -96.68134 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,583 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
1100.0%
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.
00.0%

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 10,583 ft.

Completions filed
Oct 2020
1 of 1 wells

1 well

42-477311361H10,583 ftOct 2020—Yes

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 (68)

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

68 months

May 20261,22115,903106.413.05$178,365
Apr 20264529,74398.932.87$72,676
Mar 2026174089.753.15$15,617
Feb 20268897,09063.503.75$83,041
Jan 20261,78212,40159.138.00$204,552
Dec 20252,09513,37456.664.41$177,727
Nov 20251,83513,87158.593.93$161,976
Oct 20252,00615,38559.383.30$169,961
Sep 20252,08114,78062.743.08$176,039
Aug 20251,68919,64963.933.01$167,215
Jul 20250066.743.32$0
Jun 20251,52512,28366.483.13$139,812
May 20252,23315,39060.553.23$184,954
Apr 20252,59915,32762.363.54$216,379
Mar 20253,09416,10167.704.27$278,188
Feb 20252,92515,34970.884.34$273,952
Jan 20251,59316,98274.324.28$191,052
Dec 20241,1029,42168.993.12$105,433
Nov 20242,40615,46069.052.20$200,122
Oct 20242,64914,25971.372.28$221,590
Sep 20242,34813,54169.612.36$195,460
Aug 20241,75915,66975.632.06$165,368
Jul 20241,34815,63379.932.15$141,303
Jun 20242,29118,86278.082.63$228,563
May 20242,56621,39678.812.20$249,264
Apr 20249175,06484.451.66$85,843
Mar 20242,97118,83980.301.55$267,680
Feb 20243,29918,55276.091.78$284,111
Jan 20242,43817,76973.023.30$236,619
Dec 20231,83715,22771.262.61$170,658
Nov 20232,28820,76077.892.81$236,497
Oct 20232,38817,41185.443.09$257,783
Sep 20232,59019,03489.042.74$282,672
Aug 20233,08421,58280.522.67$306,010
Jul 20232,04821,11474.852.64$209,072
Jun 20232,62522,11368.962.26$230,962
May 20233,55121,78570.622.23$299,296
Apr 20233,62423,39378.122.24$335,455
Mar 20233,52724,52772.852.39$315,639
Feb 20233,65122,43375.112.47$329,539
Jan 20234,59924,30176.533.39$434,286
Dec 20224,42821,46076.415.73$461,290
Nov 20224,44328,55185.005.65$538,860
Oct 20224,77627,02287.185.86$574,822
Sep 20225,03328,65184.888.16$661,099
Aug 20225,58133,26194.529.13$831,095
Jul 20225,88433,932101.587.54$853,615
Jun 20226,03932,755115.097.98$956,322
May 20226,64031,742109.378.43$993,898
Apr 20226,43931,286104.226.84$884,994
Mar 20226,65131,516108.885.08$884,149
Feb 20225,46622,88591.054.86$608,874
Jan 2022220381.844.54$1,085
Dec 20215,31924,04071.323.90$473,086
Nov 20219,58546,97177.435.24$988,147
Oct 20219,70750,86179.795.71$1,065,135
Sep 202112,32960,30169.865.35$1,183,970
Aug 202113,31266,80666.024.22$1,160,819
Jul 202114,80068,15770.783.98$1,318,951
Jun 202114,31666,15869.493.38$1,218,474
May 202118,84975,06363.483.02$1,423,050
Apr 202116,92664,20460.362.76$1,198,755
Mar 202121,78680,30161.302.72$1,553,655
Feb 202116,29762,91757.805.55$1,291,027
Jan 202125,59795,25450.412.81$1,558,034
Dec 202027,901103,01844.642.68$1,521,121
Nov 202027,367106,27238.772.71$1,348,651
Oct 202015,41656,97436.972.48$711,136

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                1,221 bbl  × $106.41 =   $129,927
Casinghead gas    15,903 Mcf  × $  3.05 =    $48,438

────────────────────────────────────────────────────
Month total                                 $178,365

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/27917 is the state's own key, not one this site invented.