SWITCHFOOT UNIT

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

Gas lease lease 295132District 02Field 869503002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
Feb 2019 – May 2026
Value, last 12 filed months
$519 k
at the published price for each month
Months reported
87
1 month not filed
Streams
2
condensate, 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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 2016-01-12.

The Commission's schedule remark for this field reads: INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.

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
NGPA1none
ST-1112023-09-29232889

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
CondensateDisposition127,600 bbl$7,698,364
GasProduction368,548 Mcf$1,148,362
Total$8,846,725

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 28.9615, -97.9777. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.96148, -97.97766 · 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
10,353 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 10,353 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-25536280101H10,353 ftFeb 2019

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 (87)

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

87 months

May 20263431,215106.413.05$40,199
Apr 20264201,87998.932.87$46,943
Mar 20266751,73489.753.15$66,042
Feb 20265022,02363.503.75$39,464
Jan 20263801,95459.138.00$38,097
Dec 20256482,68456.664.41$48,561
Nov 20254712,39958.593.93$37,015
Oct 20254302,74359.383.30$34,599
Sep 20255642,54662.743.08$43,219
Aug 20255491,81163.933.01$40,557
Jul 20255763,08866.743.32$48,680
Jun 20254202,47866.483.13$35,675
May 20254412,59560.553.23$35,090
Apr 20256482,40762.363.54$48,938
Mar 20255162,28467.704.27$44,682
Feb 20254753,40070.884.34$48,427
Jan 20255773,89374.324.28$59,540
Dec 20247973,62368.993.12$66,294
Nov 20244842,22069.052.20$38,301
Oct 20245643,45071.372.28$48,124
Sep 20245302,23369.612.36$42,173
Aug 20246252,44675.632.06$52,316
Jul 20245884,46479.932.15$56,581
Jun 20246484,23878.082.63$61,759
May 20245343,53678.812.20$49,858
Apr 20244893,73884.451.66$47,498
Mar 20245443,90480.301.55$49,715
Feb 20247794,57876.091.78$67,440
Jan 20244975,12673.023.30$53,195
Dec 20235754,05071.262.61$51,548
Nov 20235824,37177.892.81$57,604
Oct 20236203,06485.443.09$62,432
Sep 20235251,10289.042.74$49,760
Aug 20238571,38680.522.67$72,710
Jul 20236291,35874.852.64$50,668
Jun 20237881,49668.962.26$57,719
May 20236232,26370.622.23$49,037
Apr 20236611,57578.122.24$55,162
Mar 20235653,87972.852.39$50,443
Feb 20236641,88975.112.47$54,531
Jan 202375780076.533.39$60,643
Dec 202275791176.415.73$63,062
Nov 202248292685.005.65$46,198
Oct 202275374887.185.86$70,033
Sep 20227752,72984.888.16$88,061
Aug 20227412,90794.529.13$96,572
Jul 20228553,300101.587.54$111,740
Jun 20228111,174115.097.98$102,703
May 20226544,440109.378.43$108,971
Apr 20221,0072,741104.226.84$123,691
Mar 20229912,424108.885.08$120,205
Feb 20227372,40291.054.86$78,775
Dec 20211,0353,12571.323.90$86,001
Nov 20211,0462,53877.435.24$94,283
Oct 20211,3613,05179.795.71$126,027
Sep 20211,6272,84769.865.35$128,896
Aug 20211,6192,83666.024.22$118,856
Jul 20211,1322,87470.783.98$91,567
Jun 20211,1672,17769.493.38$88,454
May 20211,2882,62863.483.02$89,693
Apr 20211,3581,52660.362.76$86,178
Mar 20211,3832,41661.302.72$91,342
Feb 20211,0672,22757.805.55$74,028
Jan 20211,4471,82450.412.81$78,069
Dec 20201,6662,13144.642.68$80,072
Nov 20201,4582,51438.772.71$63,331
Oct 20201,5262,36536.972.48$62,278
Sep 20201,4652,89237.091.99$60,095
Aug 20201,6463,91539.982.39$75,145
Jul 20201,7054,00738.371.83$72,734
Jun 20201,6993,73334.901.69$65,605
May 20202,1494,12016.921.81$43,838
Apr 20202,1264,17214.751.80$38,886
Mar 20202,0324,13730.341.86$69,330
Feb 20202,1564,51749.881.98$116,488
Jan 20202,5265,85357.252.09$156,874
Dec 20192,6986,17359.012.30$173,434
Nov 20192,8568,50055.302.75$181,318
Oct 20193,0777,10753.472.42$181,716
Sep 20193,4577,07755.052.66$209,113
Aug 20194,10110,01053.112.30$240,871
Jul 20194,41114,36656.272.46$283,548
Jun 20195,36117,68952.782.49$327,020
May 20196,61921,37258.482.74$445,645
Apr 20198,91527,77262.632.75$634,739
Mar 201916,29236,27356.803.06$1,036,457
Feb 201961,16050.852.79$3,544

Not filed, and not zero: Jan 2022. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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
Condensate           343 bbl  × $106.41 =    $36,499
Gas                1,215 Mcf  × $  3.05 =     $3,701

────────────────────────────────────────────────────
Month total                                  $40,199

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. 02/G/295132 is the state's own key, not one this site invented.