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 gasSave
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

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.

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.