SPARKY

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 28079District 03Field 34733500OilCasinghead gasSave
Value, all time
$25.4 M
Jan 2023 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
41
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition306,635 bbl$23,027,001
Casinghead gasProduction828,780 Mcf$2,372,141
Total$25,399,143

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 30.1769, -96.8102. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.17693, -96.81018 · 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
10,214 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 10,214 ft.

Completions filed
Jan 2023
1 of 1 wells

1 well

42-14933547H 01SS10,214 ftJan 2023

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 (41)

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

41 months

May 20262,19811,206106.413.05$268,021
Apr 20262,12711,29598.932.87$242,838
Mar 20262,37712,76389.753.15$253,532
Feb 20262,06011,57763.503.75$174,227
Jan 20262,51512,57859.138.00$249,310
Dec 20252,62113,41356.664.41$207,702
Nov 20252,37313,11358.593.93$190,521
Oct 20252,52313,45259.383.30$194,272
Sep 20252,59413,39762.743.08$203,969
Aug 20252,95214,15063.933.01$231,380
Jul 20253,03812,64766.743.32$244,683
Jun 20253,01813,64666.483.13$243,331
May 20253,41615,02960.553.23$255,417
Apr 20253,40015,90162.363.54$268,363
Mar 20253,66917,49267.704.27$323,053
Feb 20253,51415,22470.884.34$315,157
Jan 20254,02117,76174.324.28$374,834
Dec 20244,11818,32768.993.12$341,306
Nov 20244,62718,43369.052.20$360,018
Oct 20244,82518,97471.372.28$387,648
Sep 20244,70418,12969.612.36$370,309
Aug 20245,17721,39275.632.06$435,682
Jul 20245,45122,45979.932.15$483,909
Jun 20245,78423,37378.082.63$513,179
May 20246,39622,91478.812.20$554,444
Apr 20246,97620,05384.451.66$622,395
Mar 20247,32721,22180.301.55$621,147
Feb 20247,57224,78776.091.78$620,365
Jan 20249,73630,67673.023.30$812,082
Dec 202310,06631,46471.262.61$799,447
Nov 202311,45531,31877.892.81$980,157
Oct 202312,11129,93785.443.09$1,127,188
Sep 202313,47032,47789.042.74$1,288,195
Aug 202314,95129,45880.522.67$1,282,592
Jul 202317,13530,15374.852.64$1,362,213
Jun 202317,14127,08468.962.26$1,243,212
May 202318,55126,04570.622.23$1,368,084
Apr 202317,36823,90978.122.24$1,410,291
Mar 202319,47126,50072.852.39$1,481,881
Feb 202317,69123,82575.112.47$1,387,516
Jan 202316,11621,22876.533.39$1,305,272

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                2,198 bbl  × $106.41 =   $233,889
Casinghead gas    11,206 Mcf  × $  3.05 =    $34,132

────────────────────────────────────────────────────
Month total                                 $268,021

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/28079 is the state's own key, not one this site invented.