NOLTE

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the DUBOSE (EDWARDS -A-) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3063District 01Field 26261666Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.5 M
Jan 1993 – Sep 2020
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
333
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 18 leases and 18 wells, and the rule below applies to all of them.

Discovered
1960-10-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1991-11-18.

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: OPTIONAL 320 ACRE UNITS WITH 6500' MAX DIAG

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
OilDisposition49,827 bbl$2,144,097
Casinghead gasProduction100,144 Mcf$369,909
Total$2,514,006

25,647 Mcf of this lease's gas, across 48 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 (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 29.1874, -97.5206. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.18745, -97.52057 · 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
100.0%
1 of 1 wells
Median depth
12,340 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
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 12,340 ft.

Plug dates filed
Aug 2020
1 of 1 wells

1 well

42-17700451112,340 ftAug 2020Yes

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 (333)

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

333 months

Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 202027049.881.98$1,347
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018159060.183.08$9,569
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018180062.874.01$11,317
Dec 2017174057.272.92$9,965
Nov 2017179055.423.12$9,920
Oct 2017189049.292.98$9,316
Sep 2017158047.523.09$7,508
Aug 2017187045.373.00$8,484
Jul 20170043.873.09$0
Jun 2017185042.493.09$7,861
May 20170045.373.26$0
Apr 2017186047.933.21$8,915
Mar 2017178046.772.98$8,325
Feb 20170050.452.95$0
Jan 2017171049.413.42$8,449
Dec 2016183048.763.72$8,923
Nov 2016171042.492.64$7,266
Oct 2016185046.193.09$8,545
Sep 20160041.553.10$0
Aug 2016185041.442.92$7,666
Jul 2016175041.622.92$7,284
Jun 20160045.352.69$0
May 2016173042.521.99$7,356
Apr 2016182036.561.99$6,654
Mar 2016181033.011.79$5,975
Feb 20160026.472.06$0
Jan 2016177027.352.36$4,841
Dec 20150032.362.00$0
Nov 2015180038.792.17$6,982
Oct 2015179043.552.43$7,795
Sep 2015168042.992.76$7,222
Aug 20150040.162.87$0
Jul 2015175048.152.95$8,426
Jun 2015168056.152.88$9,433
May 2015176055.212.96$9,717
Apr 2015178049.822.71$8,868
Mar 20150042.892.93$0
Feb 2015173044.662.98$7,726
Jan 20150043.433.10$0
Dec 2014175054.693.59$9,571
Nov 2014185070.464.25$13,035
Oct 2014181078.303.90$14,172
Sep 2014187086.164.05$16,112
Aug 20140089.394.04$0
Jul 2014175096.564.18$16,898
Jun 2014180098.164.74$17,669
May 20140094.734.73$0
Apr 2014190095.944.81$18,229
Mar 20140095.895.06$0
Feb 2014184097.406.19$17,922
Jan 2014175090.404.86$15,820
Dec 20130091.824.35$0
Nov 2013182088.853.74$16,171
Oct 2013201097.423.78$19,581
Sep 201300104.113.72$0
Aug 20131860104.253.52$19,391
Jul 20131910102.523.72$19,581
Jun 2013191094.403.93$18,030
May 2013199094.834.15$18,871
Apr 2013178093.964.28$16,725
Mar 2013183093.623.91$17,132
Feb 2013183091.233.42$16,695
Jan 20130091.603.42$0
Dec 2012165086.773.42$14,317
Nov 2012188086.953.62$16,347
Oct 2012177089.383.40$15,820
Sep 2012180094.672.92$17,041
Aug 20120092.662.91$0
Jul 2012176085.133.02$14,983
Jun 2012179079.822.52$14,288
May 201217941291.612.49$17,423
Apr 20120399101.652.00$797
Mar 2012175412105.052.22$19,299
Feb 2012178386101.102.57$18,988
Jan 201217841298.092.73$18,586
Dec 201118741296.873.24$19,449
Nov 2011039995.723.31$1,321
Oct 2011041284.983.65$1,503
Sep 201116539983.623.99$15,388
Aug 201117141283.404.15$15,971
Jul 201117341294.144.52$18,147
Jun 201116439992.904.64$17,087
May 201117741298.134.40$19,184
Apr 20110399105.964.33$1,729
Mar 201118841296.364.06$19,787
Feb 201117837285.644.18$16,799
Jan 201117841286.504.59$17,288
Dec 201016841285.734.35$16,194
Nov 201018239980.843.80$16,227
Oct 2010041278.103.51$1,446
Sep 201022139972.633.98$17,639
Aug 201017241273.684.42$14,494
Jul 201017741272.554.74$14,793
Jun 201018539970.364.91$14,976
May 2010041271.124.24$1,745
Apr 201017739981.694.12$16,104
Mar 201017741278.394.39$15,683
Feb 2010037273.585.44$2,025
Jan 201017841274.365.96$15,693
Dec 200917941271.445.48$15,047
Nov 200917739974.593.75$14,699
Oct 200919641272.544.11$15,911
Sep 2009039965.543.06$1,223
Aug 200917341267.423.22$12,990
Jul 200915541261.133.46$10,903
Jun 200917839966.163.90$13,331
May 200917241254.743.93$11,033
Apr 200917339946.773.59$9,523
Mar 200918941242.144.06$9,637
Feb 2009037232.814.63$1,723
Jan 200918141235.865.37$8,704
Dec 2008041237.105.98$2,463
Nov 200819739955.496.86$13,669
Oct 200817441275.246.92$15,944
Sep 20080399101.767.88$3,143
Aug 2008190412114.228.48$25,197
Jul 2008193412131.0811.39$29,991
Jun 2008185399131.3313.03$29,496
May 2008177412123.1711.57$26,570
Apr 2008192399110.3110.45$25,351
Mar 20080412101.909.66$3,982
Feb 200818738692.538.77$20,689
Jan 200817441290.388.21$19,107
Dec 200719841288.337.30$20,498
Nov 2007039991.677.29$2,909
Oct 200718541282.856.92$18,179
Sep 200719039975.846.24$16,901
Aug 200718741269.066.39$15,546
Jul 200719141270.906.39$16,174
Jun 2007039962.007.55$3,012
May 200719241258.747.85$14,511
Apr 200718039959.617.81$13,844
Mar 200716541256.927.30$12,400
Feb 200718737255.108.22$13,360
Jan 200718241250.306.73$11,926
Dec 200618441256.656.92$13,274
Nov 2006039954.207.62$3,039
Oct 200617541254.906.01$12,085
Sep 200617939960.085.04$12,764
Aug 200618141268.717.34$15,461
Jul 200616941269.376.34$14,337
Jun 200617539966.286.38$14,146
May 200617841266.016.42$14,397
Apr 200617839964.397.36$14,398
Mar 200618741256.707.08$13,521
Feb 200619337257.597.75$13,998
Jan 200618741260.598.93$15,011
Dec 2005041254.9413.42$5,527
Nov 200518139954.6910.59$14,124
Oct 200518441258.3413.80$16,418
Sep 200518539961.4512.08$16,188
Aug 200519041261.519.80$15,723
Jul 200517041255.697.84$12,699
Jun 200517939952.337.38$12,312
May 200517241245.226.65$10,518
Apr 200518639949.207.36$12,088
Mar 2005041250.377.15$2,948
Feb 200518237245.226.31$10,578
Jan 200517941243.166.32$10,330
Dec 200417841239.866.75$9,877
Nov 2004039945.286.33$2,526
Oct 200417841249.706.52$11,531
Sep 200418139943.245.28$9,935
Aug 200409342.375.55$516
Jul 200415941238.286.08$8,593
Jun 200417639936.106.43$8,920
May 2004041237.486.49$2,676
Apr 200417639934.475.86$8,404
Mar 200417541234.365.53$8,291
Feb 200418138632.455.51$8,000
Jan 200417641232.036.30$8,233
Dec 200317641230.266.30$7,922
Nov 2003039928.804.60$1,833
Oct 200317941228.174.76$7,003
Sep 200317239926.314.75$6,420
Aug 200315941229.765.13$6,845
Jul 200318541229.415.17$7,571
Jun 2003039928.565.98$2,387
May 200317141226.595.97$7,008
Apr 200317439926.675.41$6,798
Mar 200317941231.146.10$8,086
Feb 200317037233.487.93$8,640
Jan 200318641230.315.58$7,937
Dec 200216041226.914.85$6,305
Nov 2002041224.664.14$1,704
Oct 200216941226.464.23$6,214
Sep 200218339927.443.64$6,472
Aug 200216141225.963.16$5,483
Jul 200218341224.583.06$5,760
Jun 200215939923.733.34$5,105
May 200218341224.663.58$5,989
Apr 2002039923.653.51$1,401
Mar 200218741222.003.10$5,392
Feb 200216637218.222.38$3,908
Jan 200216041217.172.38$3,726
Dec 200118641216.932.36$4,123
Nov 200117339918.072.41$4,086
Oct 200116541219.782.53$4,306
Sep 200118639924.262.25$5,411
Aug 2001041224.873.05$1,258
Jul 200118341223.933.20$5,696
Jun 200115639924.563.82$5,357
May 200117341225.524.31$6,190
Apr 200118939924.685.34$6,793
Mar 200116141224.545.38$6,166
Feb 200117737227.755.77$7,057
Jan 200119541227.478.40$8,817
Dec 200019641226.889.12$9,027
Nov 2000039932.215.66$2,258
Oct 200018641231.235.15$7,929
Sep 200017639931.875.19$7,679
Aug 200019141229.644.54$7,532
Jul 200018141228.534.09$6,849
Jun 200018739929.304.40$7,234
May 200019341227.263.68$6,777
Apr 200019139924.513.12$5,925
Mar 200017041228.422.86$6,010
Feb 200015338627.622.73$5,278
Jan 200018141225.272.48$5,596
Dec 199918441224.282.42$5,466
Nov 199918439923.192.43$5,238
Oct 199917341220.982.80$4,785
Sep 199918539921.752.62$5,069
Aug 199917241219.262.88$4,497
Jul 199918541217.892.37$4,287
Jun 199918639915.942.36$3,907
May 199935441215.792.32$6,546
Apr 199917239915.102.21$3,478
Mar 199918141212.471.84$3,014
Feb 19991873729.981.82$2,542
Jan 199918041210.381.90$2,651
Dec 19981824129.201.77$2,405
Nov 199818039910.892.19$2,832
Oct 199819141212.421.97$3,184
Sep 199836039912.592.08$5,363
Aug 199817941211.301.91$2,809
Jul 199818641211.742.24$3,105
Jun 199818939911.242.24$3,017
May 199818541212.622.21$3,244
Apr 199834539913.042.51$5,498
Mar 199817341212.802.31$3,166
Feb 199817937213.952.30$3,352
Jan 199818237214.702.15$3,477
Dec 199718141216.322.41$3,947
Nov 199735839918.193.09$7,744
Oct 199718041219.253.15$4,763
Sep 199718039917.742.95$4,372
Aug 199718141217.862.55$4,285
Jul 199737241217.582.25$7,466
Jun 199718439917.242.26$4,073
May 199718641218.972.31$4,480
Apr 199718539917.882.08$4,139
Mar 199718741218.951.94$4,343
Feb 199718437220.492.21$4,591
Jan 199737341223.483.54$10,216
Dec 199618641323.32$4,338
Nov 199619339921.97$4,240
Oct 199617441323.31$4,056
Sep 199637539922.22$8,333
Aug 1996041220.26$0
Jul 199619041219.55$3,715
Jun 199636539918.73$6,836
May 199619141219.43$3,711
Apr 199618439921.51$3,958
Mar 199619241219.38$3,721
Feb 199618038616.98$3,056
Jan 199618741217.07$3,192
Dec 199537341217.19$6,412
Nov 199518639916.00$2,976
Oct 199518441215.43$2,839
Sep 199518941216.18$3,058
Aug 199535241215.92$5,604
Jul 199518441215.24$2,804
Jun 199518741216.41$3,069
May 199518341217.56$3,213
Apr 199518639917.73$3,298
Mar 199537641216.44$6,181
Feb 199518137216.58$3,001
Jan 199518841215.92$2,993
Dec 199419041215.03$2,856
Nov 199419139915.90$3,037
Oct 199437441215.58$5,827
Sep 199419043915.29$2,905
Aug 199418845216.13$3,032
Jul 199419045217.56$3,336
Jun 199418243917.09$3,110
May 199434045215.88$5,399
Apr 199418943914.14$2,672
Mar 199433145212.46$4,124
Feb 199417141212.50$2,138
Jan 199417945212.66$2,266
Dec 199318245212.33$2,244
Nov 199336143914.49$5,231
Oct 199318645215.85$2,948
Sep 199317743915.03$2,660
Aug 199335345215.66$5,528
Jul 19931701,16015.46$2,628
Jun 19933701,30516.79$6,212
May 19931811,22517.68$3,200
Apr 19931891,20018.05$3,411
Mar 19931841,18518.14$3,338
Feb 19933711,09517.90$6,641
Jan 19931921,28516.93$3,251

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.

Feb 2020 — as filed, then multipliedworked
Oil                   27 bbl  × $ 49.88 =     $1,347
Casinghead gas         0 Mcf  × $  1.98 =         $0

────────────────────────────────────────────────────
Month total                                   $1,347

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. 01/O/3063 is the state's own key, not one this site invented.