MAGNOLIA-UNIVERSITY

Operated by R3 OPERATING CORPORATION (P-5 103624) in the MCELROY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4212District 08Field 59337001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$8.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$245 k
at the published price for each month
Months reported
401
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 114 leases and 4,417 wells, and the rule below applies to all of them.

Discovered
1941-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WAS STATED AS THE GRAYBURG SAN ANDRES DOLOMITE AT 3000FT.

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
NGPA8none

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
OilDisposition175,974 bbl$7,950,158
Casinghead gasProduction550 Mcf$0
Total$7,950,158

550 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (12)

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 31.4932, -102.3533. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.49352, -102.35300 · 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
75.0%
9 of 12 wells
With a plug date
75.0%
9 of 12 wells
Median depth
3,303 ft
12 wells filed one
Completion to plug
10.4 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
975.0%
A plug date is filed
975.0%
BothOn the schedule and plugged. Neither fact cancels the other.
975.0%
NeitherNo plug date, and not on the schedule.
325.0%

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

Total depth in feet, 12 of 12 wells. Median 3,303 ft, with the middle half between 3,198 and 3,349 ft; the shallowest is 3,140 ft and the deepest 3,361 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 5 of 12 wells, Jul 1958 – Jan 2016. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 1958 – Jan 2016
5 of 12 wells; 7 filed none
Plug dates filed
Sep 1983 – Feb 2016
9 of 12 wells; 3 filed none

Last completion to plug: a median of 10.4 years across the 3 wells that filed both dates, with the middle half between 8.8 years and 23.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

12 wells

42-1030434783,361 ftJul 2004Yes
42-1030435053,304 ftJul 2004Yes
42-1030435163,360 ftFeb 2016Yes
42-1030542843,160 ftSep 1983Yes
42-1030579823,200 ftOct 1986Yes
42-10310483123,347 ftJan 1997Yes
42-1030543013,140 ft
42-1030543133,190 ftJan 2016
42-1030434693,301 ftJul 2004Sep 2011Yes
42-10304342113,310 ftFeb 2000Jul 2010Yes
42-10304343103,353 ftOct 1959Oct 1995Yes
42-1030434873,289 ftJul 1958

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 (401)

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

401 months

May 20263700106.413.05$39,372
Apr 2026369098.932.87$36,505
Mar 2026172089.753.15$15,437
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025351058.593.93$20,565
Oct 2025350059.383.30$20,783
Sep 2025529062.743.08$33,189
Aug 2025350063.933.01$22,376
Jul 2025347066.743.32$23,159
Jun 2025504066.483.13$33,506
May 2025337060.553.23$20,405
Apr 2025511062.363.54$31,866
Mar 2025497067.704.27$33,647
Feb 2025348070.884.34$24,666
Jan 2025352074.324.28$26,161
Dec 2024493068.993.12$34,012
Nov 2024346069.052.20$23,891
Oct 2024526071.372.28$37,541
Sep 2024521069.612.36$36,267
Aug 2024496075.632.06$37,512
Jul 2024350079.932.15$27,976
Jun 2024527078.082.63$41,148
May 2024515078.812.20$40,587
Apr 2024351084.451.66$29,642
Mar 2024530080.301.55$42,559
Feb 2024512076.091.78$38,958
Jan 2024354073.023.30$25,849
Dec 2023521071.262.61$37,126
Nov 2023524077.892.81$40,814
Oct 2023172085.443.09$14,696
Sep 2023349089.042.74$31,075
Aug 2023181080.522.67$14,574
Jul 2023347074.852.64$25,973
Jun 2023164068.962.26$11,309
May 2023342070.622.23$24,152
Apr 2023178078.122.24$13,905
Mar 2023341072.852.39$24,842
Feb 2023174075.112.47$13,069
Jan 2023332076.533.39$25,408
Dec 2022174076.415.73$13,295
Nov 2022154085.005.65$13,090
Oct 2022325087.185.86$28,334
Sep 2022175084.888.16$14,854
Aug 2022351094.529.13$33,177
Jul 20221720101.587.54$17,472
Jun 20223270115.097.98$37,634
May 20221780109.378.43$19,468
Apr 20223450104.226.84$35,956
Mar 20221700108.885.08$18,510
Feb 2022174091.054.86$15,843
Jan 2022349081.844.54$28,562
Dec 2021168071.323.90$11,982
Nov 2021312077.435.24$24,158
Oct 2021173079.795.71$13,804
Sep 2021344069.865.35$24,032
Aug 2021174066.024.22$11,487
Jul 2021172070.783.98$12,174
Jun 2021338069.493.38$23,488
May 2021344063.483.02$21,837
Apr 20210060.362.76$0
Mar 2021332061.302.72$20,352
Feb 2021173057.805.55$9,999
Jan 20210050.412.81$0
Dec 2020341044.642.68$15,222
Nov 2020347038.772.71$13,453
Oct 2020346036.972.48$12,792
Sep 2020343037.091.99$12,722
Aug 2020335039.982.39$13,393
Jul 2020514038.371.83$19,722
Jun 2020689034.901.69$24,046
May 20200016.921.81$0
Apr 2020344014.751.80$5,074
Mar 2020347030.341.86$10,528
Feb 2020345049.881.98$17,209
Jan 2020516057.252.09$29,541
Dec 2019174059.012.30$10,268
Nov 2019172055.302.75$9,512
Oct 2019335053.472.42$17,912
Sep 2019345055.052.66$18,992
Aug 2019343053.112.30$18,217
Jul 2019176056.272.46$9,904
Jun 2019332052.782.49$17,523
May 2019340058.482.74$19,883
Apr 2019344062.632.75$21,545
Mar 2019351056.803.06$19,937
Feb 2019174050.852.79$8,848
Jan 2019345046.033.23$15,880
Dec 2018339046.594.19$15,794
Nov 2018352052.934.24$18,631
Oct 2018517061.443.40$31,764
Sep 2018349059.543.11$20,779
Aug 2018348059.403.07$20,671
Jul 2018347065.142.93$22,604
Jun 2018171060.183.08$10,291
May 2018346065.382.90$22,621
Apr 2018347063.842.90$22,152
Mar 2018347061.222.79$21,243
Feb 2018351061.782.77$21,685
Jan 2018173062.874.01$10,877
Dec 2017360057.272.92$20,617
Nov 2017365055.423.12$20,228
Oct 2017356049.292.98$17,547
Sep 2017349047.523.09$16,584
Aug 2017355045.373.00$16,106
Jul 2017346043.873.09$15,179
Jun 2017347042.493.09$14,744
May 2017347045.373.26$15,743
Apr 2017345047.933.21$16,536
Mar 2017181046.772.98$8,465
Feb 2017346050.452.95$17,456
Jan 2017350049.413.42$17,294
Dec 2016350048.763.72$17,066
Nov 2016350042.492.64$14,872
Oct 2016355046.193.09$16,397
Sep 2016362041.553.10$15,041
Aug 2016356041.442.92$14,753
Jul 2016359041.622.92$14,942
Jun 2016353045.352.69$16,009
May 2016348042.521.99$14,797
Apr 2016350036.561.99$12,796
Mar 2016349033.011.79$11,520
Feb 2016368026.472.06$9,741
Jan 2016357027.352.36$9,764
Dec 2015438032.362.00$14,174
Nov 2015176038.792.17$6,827
Oct 2015357043.552.43$15,547
Sep 2015352042.992.76$15,132
Aug 2015349040.162.87$14,016
Jul 2015353048.152.95$16,997
Jun 2015346056.152.88$19,428
May 2015517055.212.96$28,544
Apr 2015335049.822.71$16,690
Mar 2015354042.892.93$15,183
Feb 2015351044.662.98$15,676
Jan 2015359043.433.10$15,591
Dec 2014515054.693.59$28,165
Nov 2014173070.464.25$12,190
Oct 2014176078.303.90$13,781
Sep 2014349086.164.05$30,070
Aug 2014349089.394.04$31,197
Jul 2014355096.564.18$34,279
Jun 2014349098.164.74$34,258
May 2014350094.734.73$33,156
Apr 2014534095.944.81$51,232
Mar 2014176095.895.06$16,877
Feb 2014522097.406.19$50,843
Jan 2014355090.404.86$32,092
Dec 2013523091.824.35$48,022
Nov 2013165088.853.74$14,660
Oct 2013355097.423.78$34,584
Sep 20131790104.113.72$18,636
Aug 20133490104.253.52$36,383
Jul 20131760102.523.72$18,044
Jun 2013341094.403.93$32,190
May 2013175094.834.15$16,595
Apr 2013358093.964.28$33,638
Mar 2013354093.623.91$33,141
Feb 2013173091.233.42$15,783
Jan 2013172091.603.42$15,755
Dec 2012369086.773.42$32,018
Nov 2012361086.953.62$31,389
Oct 2012169089.383.40$15,105
Sep 2012183094.672.92$17,325
Aug 2012175092.662.91$16,216
Jul 2012357085.133.02$30,391
Jun 2012180079.822.52$14,368
May 2012183091.612.49$16,765
Apr 20121780101.652.00$18,094
Mar 20121870105.052.22$19,644
Feb 20123470101.102.57$35,082
Jan 2012185098.092.73$18,147
Dec 2011178096.873.24$17,243
Nov 2011172095.723.31$16,464
Oct 2011347084.983.65$29,488
Sep 2011173083.623.99$14,466
Aug 2011172083.404.15$14,345
Jul 2011173094.144.52$16,286
Jun 2011351092.904.64$32,608
May 2011168098.134.40$16,486
Apr 20113450105.964.33$36,556
Mar 2011343096.364.06$33,051
Feb 2011175085.644.18$14,987
Jan 2011168086.504.59$14,532
Dec 2010160085.734.35$13,717
Nov 2010318080.843.80$25,707
Oct 2010342078.103.51$26,710
Sep 2010360072.633.98$26,147
Aug 2010305073.684.42$22,472
Jul 2010339072.554.74$24,594
Jun 2010337070.364.91$23,711
May 2010346071.124.24$24,608
Apr 2010334081.694.12$27,284
Mar 2010341078.394.39$26,731
Feb 2010330073.585.44$24,281
Jan 2010183074.365.96$13,608
Dec 2009341071.445.48$24,361
Nov 2009495074.593.75$36,922
Oct 2009681072.544.11$49,400
Sep 2009518065.543.06$33,950
Aug 2009668067.423.22$45,037
Jul 2009336061.133.46$20,540
Jun 2009486066.163.90$32,154
May 2009488054.743.93$26,713
Apr 2009338046.773.59$15,808
Mar 2009489042.144.06$20,606
Feb 2009347032.814.63$11,385
Jan 2009510035.865.37$18,289
Dec 2008490037.105.98$18,179
Nov 2008510055.496.86$28,300
Oct 2008496075.246.92$37,319
Sep 20083300101.767.88$33,581
Aug 20083220114.228.48$36,779
Jul 20086910131.0811.39$90,576
Jun 20081670131.3313.03$21,932
May 20085010123.1711.57$61,708
Apr 20083190110.3110.45$35,189
Mar 20084990101.909.66$50,848
Feb 2008338092.538.77$31,275
Jan 2008489090.388.21$44,196
Dec 2007529088.337.30$46,727
Nov 2007323091.677.29$29,609
Oct 2007504082.856.92$41,756
Sep 2007351075.846.24$26,620
Aug 2007501069.066.39$34,599
Jul 2007640070.906.39$45,376
Jun 2007503062.007.55$31,186
May 2007678058.747.85$39,826
Apr 2007318059.617.81$18,956
Mar 2007329056.927.30$18,727
Feb 2007501055.108.22$27,605
Jan 2007503050.306.73$25,301
Dec 2006510056.656.92$28,892
Nov 2006312054.207.62$16,910
Oct 2006495054.906.01$27,176
Sep 2006334060.085.04$20,067
Aug 2006478068.717.34$32,843
Jul 2006311069.376.34$21,574
Jun 2006335066.286.38$22,204
May 2006498066.016.42$32,873
Apr 2006332064.397.36$21,377
Mar 2006309056.707.08$17,520
Feb 2006507057.597.75$29,198
Jan 2006675060.598.93$40,898
Dec 2005343054.9413.42$18,844
Nov 2005603054.6910.59$32,978
Oct 2005679058.3413.80$39,613
Sep 2005480061.4512.08$29,496
Aug 2005510061.519.80$31,370
Jul 2005670055.697.84$37,312
Jun 2005338052.337.38$17,688
May 2005827045.226.65$37,397
Apr 2005348049.207.36$17,122
Mar 2005695050.377.15$35,007
Feb 2005518045.226.31$23,424
Jan 2005699043.166.32$30,169
Dec 2004518039.866.75$20,647
Nov 2004505045.286.33$22,866
Oct 2004689049.706.52$34,243
Sep 2004672043.245.28$29,057
Aug 2004692042.375.55$29,320
Jul 2004521038.286.08$19,944
Jun 2004506036.106.43$18,267
May 2004695037.486.49$26,049
Apr 2004684034.475.86$23,577
Mar 2004850034.365.53$29,206
Feb 2004504032.455.51$16,355
Jan 2004690032.036.30$22,101
Dec 2003684030.266.30$20,698
Nov 2003689028.804.60$19,843
Oct 2003695028.174.76$19,578
Sep 2003525026.314.75$13,813
Aug 2003693029.765.13$20,624
Jul 2003699029.415.17$20,558
Jun 2003352028.565.98$10,053
May 2003701026.595.97$18,640
Apr 2003684026.675.41$18,242
Mar 2003504031.146.10$15,695
Feb 2003521033.487.93$17,443
Jan 2003687030.315.58$20,823
Dec 2002703026.914.85$18,918
Nov 2002519024.664.14$12,799
Oct 2002712026.464.23$18,840
Sep 2002527027.443.64$14,461
Aug 2002519025.963.16$13,473
Jul 2002713024.583.06$17,526
Jun 2002526023.733.34$12,482
May 2002684024.663.58$16,867
Apr 2002514023.653.51$12,156
Mar 20021,003022.003.10$22,066
Feb 2002355018.222.38$6,468
Jan 2002521017.172.38$8,946
Dec 2001700016.932.36$11,851
Nov 2001352018.072.41$6,361
Oct 2001690019.782.53$13,648
Sep 2001708024.262.25$17,176
Aug 2001681024.873.05$16,936
Jul 2001527023.933.20$12,611
Jun 2001690024.563.82$16,946
May 2001690025.524.31$17,609
Apr 2001852024.685.34$21,027
Mar 2001497024.545.38$12,196
Feb 2001667027.755.77$18,509
Jan 2001821027.478.40$22,553
Dec 2000827026.889.12$22,230
Nov 2000822032.215.66$26,477
Oct 2000639031.235.15$19,956
Sep 2000981031.875.19$31,264
Aug 2000613029.644.54$18,169
Jul 2000835028.534.09$23,823
Jun 2000809029.304.40$23,704
May 2000663027.263.68$18,073
Apr 2000820024.513.12$20,098
Mar 2000653028.422.86$18,558
Feb 2000812027.622.73$22,427
Jan 2000497025.272.48$12,559
Dec 1999647024.282.42$15,709
Nov 1999826023.192.43$19,155
Oct 1999510020.982.80$10,700
Sep 1999661021.752.62$14,377
Aug 1999846019.262.88$16,294
Jul 1999650017.892.37$11,629
Jun 1999671015.942.36$10,696
May 1999515015.792.32$8,132
Apr 1999836015.102.21$12,624
Mar 1999528012.471.84$6,584
Feb 199964509.981.82$6,437
Jan 1999852010.381.90$8,844
Dec 199853009.201.77$4,876
Nov 1998647010.892.19$7,046
Oct 19981,157012.421.97$14,370
Sep 1998662012.592.08$8,335
Aug 1998504011.301.91$5,695
Jul 1998537011.742.24$6,304
Jun 1998341011.242.24$3,833
May 1998846012.622.21$10,677
Apr 1998673013.042.51$8,776
Mar 1998336012.802.31$4,301
Feb 1998697013.952.30$9,723
Jan 1998719014.702.15$10,569
Dec 1997727016.322.41$11,865
Nov 1997721018.193.09$13,115
Oct 1997528019.253.15$10,164
Sep 1997550017.742.95$9,757
Aug 1997373017.862.55$6,662
Jul 1997724017.582.25$12,728
Jun 1997543017.242.26$9,361
May 1997540018.972.31$10,244
Apr 1997536017.882.08$9,584
Mar 1997532018.951.94$10,081
Feb 1997358020.492.21$7,335
Jan 1997708023.483.54$16,624
Dec 1996535023.32$12,476
Nov 1996354021.97$7,777
Oct 1996532023.31$12,401
Sep 1996529022.22$11,754
Aug 1996528020.26$10,697
Jul 1996709019.55$13,861
Jun 1996181018.73$3,390
May 1996515019.43$10,006
Apr 1996340021.51$7,313
Mar 1996527019.38$10,213
Feb 1996555016.98$9,424
Jan 1996572017.07$9,764
Dec 1995365017.19$6,274
Nov 1995374016.00$5,984
Oct 1995895015.43$13,810
Sep 1995377016.18$6,100
Aug 1995543015.92$8,645
Jul 1995734015.24$11,186
Jun 1995550016.41$9,026
May 1995383017.56$6,725
Apr 1995691017.73$12,251
Mar 1995697016.44$11,459
Feb 1995698016.58$11,573
Jan 1995230015.92$3,662
Dec 1994457015.03$6,869
Nov 1994897015.90$14,262
Oct 1994694015.58$10,813
Sep 1994224115.29$3,425
Aug 1994454116.13$7,323
Jul 1994677117.56$11,888
Jun 1994678117.09$11,587
May 1994227115.88$3,605
Apr 1994465114.14$6,575
Mar 1994685112.46$8,535
Feb 1994228112.50$2,850
Jan 1994473112.66$5,988
Dec 1993229112.33$2,824
Nov 1993455114.49$6,593
Oct 1993700115.85$11,095
Sep 1993696115.03$10,461
Aug 1993685115.66$10,727
Jul 1993688115.46$10,636
Jun 1993227116.79$3,811
May 19934556717.68$8,044
Apr 199369812718.05$12,599
Mar 199347213418.14$8,562
Feb 199322810817.90$4,081
Jan 19934659816.93$7,872

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                  370 bbl  × $106.41 =    $39,372
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $39,372

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. 08/O/4212 is the state's own key, not one this site invented.