BEAVER WHITE

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 28150District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$26.5 M
Feb 2024 – May 2026
Value, last 12 filed months
$5.8 M
at the published price for each month
Months reported
28
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
OilDisposition334,163 bbl$24,364,082
Casinghead gasProduction668,382 Mcf$2,098,379
Total$26,462,461

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 30.2303, -96.7814. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23028, -96.78136 · 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
9,634 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 9,634 ft.

Completions filed
Feb 2024
1 of 1 wells

1 well

42-28732778H 05BB9,634 ftFeb 2024——

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.

Leases whose centres are nearest (440)

Ranked by the distance between lease centres, within 5 miles. A lease has no coordinate the state files — each centre is the mean of that lease's own wells, so this measures how far apart two centres are and not whether the two leases touch.

LeaseOperatorCentres apart
KIMBERLY UNITMAGNOLIA OIL & GAS OPERATING LLC0.25 mi
BEAVER BLACKMAGNOLIA OIL & GAS OPERATING LLC0.28 mi
KIPP, HENRY A #1WCS OIL AND GAS CORPORATION0.34 mi
BEAVER ORANGEMAGNOLIA OIL & GAS OPERATING LLC0.34 mi
KIPP, HENRY A.WCS OIL AND GAS CORPORATION0.45 mi
LEHMANN, IRA J. UNITMAGNOLIA OIL & GAS OPERATING LLC0.45 mi
BRUISER PAWMAGNOLIA OIL & GAS OPERATING LLC0.49 mi
COFFIELD-OSAGEMAGNOLIA OIL & GAS OPERATING LLC0.62 mi
BRUISER GREENMAGNOLIA OIL & GAS OPERATING LLC0.71 mi
DOTTIERME AUSTIN CHALK COMPANY0.72 mi

The 10 nearest are listed. 440 leases in all have a centre within 5 miles of this one.

Operators who reported on those leases

Taken from the same 5-mile set above. This is who filed production, not who holds acreage — the state publishes no acreage register.

Every month this lease reported (28)

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

28 months

May 20264,13615,856106.413.05$488,407
Apr 20264,35416,20398.932.87$477,239
Mar 20263,84315,31889.753.15$393,152
Feb 20264,38117,46963.503.75$343,708
Jan 20264,76618,14559.138.00$426,936
Dec 20255,43220,68556.664.41$399,067
Nov 20255,90122,82658.593.93$435,365
Oct 20256,58723,02459.383.30$467,227
Sep 20257,08322,71262.743.08$514,270
Aug 20257,34122,92163.933.01$538,411
Jul 20258,63924,26566.743.32$657,010
Jun 20259,04024,12866.483.13$676,469
May 202510,32028,05360.553.23$715,552
Apr 202510,21325,85562.363.54$728,490
Mar 202511,77926,23667.704.27$909,422
Feb 202513,05928,77570.884.34$1,050,530
Jan 202515,45734,49174.324.28$1,296,340
Dec 202416,05431,30168.993.12$1,205,267
Nov 202416,37130,73669.052.20$1,197,989
Oct 202418,75332,35371.372.28$1,412,212
Sep 202418,21730,24469.612.36$1,339,593
Aug 202419,57827,41575.632.06$1,537,259
Jul 202418,09522,51379.932.15$1,494,660
Jun 202416,87222,58778.082.63$1,376,859
May 202419,63520,95478.812.20$1,593,500
Apr 202419,16619,66184.451.66$1,651,190
Mar 202421,26923,09080.301.55$1,743,578
Feb 202417,82220,56676.091.78$1,392,758

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                4,136 bbl  × $106.41 =   $440,112
Casinghead gas    15,856 Mcf  × $  3.05 =    $48,295

────────────────────────────────────────────────────
Month total                                 $488,407

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/28150 is the state's own key, not one this site invented.