OPIELA

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the EAGLEVILLE (EAGLE FORD-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 295441District 02Field 27135750Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.9 M
Mar 2018 – May 2026
Value, last 12 filed months
$419 k
at the published price for each month
Months reported
99
no gaps in the span
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 3,304 leases and 7,959 wells, and the rule below applies to all of them.

Discovered
2009-03-20
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 40 acres. The field rule took effect on 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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-1112023-09-11232376

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
CondensateDisposition138,507 bbl$8,721,837
GasProduction352,591 Mcf$1,163,480
Total$9,885,316

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 29.0274, -97.8705. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.02741, -97.87053 · 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
10,640 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 10,640 ft.

Completions filed
Mar 2018
1 of 1 wells

1 well

42-255354211H10,640 ftMar 2018

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 (99)

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

99 months

May 20266131,325106.413.05$69,265
Apr 20267781,56398.932.87$81,453
Mar 202631841889.753.15$29,857
Feb 202615131563.503.75$10,770
Jan 202663859.138.00$659
Dec 202525541756.664.41$16,289
Nov 20256947658.593.93$40,960
Oct 20252231959.383.30$13,305
Sep 20255392,11762.743.08$40,331
Aug 20255173,59263.933.01$43,881
Jul 20253983,20866.743.32$37,198
Jun 20254401,97166.483.13$35,418
May 20254002,03160.553.23$30,785
Apr 20254112,04162.363.54$32,861
Mar 20252922,47867.704.27$30,345
Feb 20253293,65470.884.34$39,181
Jan 20253191,23074.324.28$28,971
Dec 20244541,84668.993.12$37,084
Nov 20245332,63769.052.20$42,601
Oct 20244692,91471.372.28$40,121
Sep 20243742,67469.612.36$32,356
Aug 20245602,71875.632.06$47,962
Jul 20246531,50279.932.15$55,418
Jun 20240078.082.63$0
May 20241078.812.20$79
Apr 20240084.451.66$0
Mar 2024920580.301.55$1,039
Feb 2024452176.091.78$3,462
Jan 20244722,21373.023.30$41,763
Dec 20236653,53571.262.61$56,617
Nov 202390630677.892.81$71,427
Oct 20231692,58185.443.09$22,408
Sep 20231521,11789.042.74$16,589
Aug 20231001,33880.522.67$11,628
Jul 202385745174.852.64$65,338
Jun 202379056768.962.26$55,759
May 20233283970.622.23$23,250
Apr 202321158978.122.24$17,801
Mar 20232202272.852.39$16,080
Feb 202314521975.112.47$11,431
Jan 20234212776.533.39$3,645
Dec 2022083876.415.73$4,801
Nov 2022136385.005.65$2,135
Oct 2022291,56987.185.86$11,728
Sep 2022533,12084.888.16$29,969
Aug 2022722,36594.529.13$28,391
Jul 2022290970101.587.54$36,774
Jun 202264227115.097.98$74,103
May 2022361358109.378.43$42,502
Apr 20221,2802,747104.226.84$152,184
Mar 20222,4643,520108.885.08$286,149
Feb 20222,4303,48491.054.86$238,180
Jan 20222,6663,41281.844.54$233,668
Dec 20212,5643,38871.323.90$196,075
Nov 202131796577.435.24$29,599
Oct 202134949979.795.71$30,698
Sep 20215961,76369.865.35$51,070
Aug 20217353,19366.024.22$62,001
Jul 20211,3827,83270.783.98$129,006
Jun 20211,7621,33369.493.38$126,948
May 20211,2803,08763.483.02$90,570
Apr 20211,0411,88760.362.76$68,040
Mar 20211,3342,01161.302.72$87,238
Feb 202159331757.805.55$36,034
Jan 20215751,08750.412.81$32,041
Dec 202046321344.642.68$21,238
Nov 20204201,37938.772.71$20,016
Oct 20204762,40936.972.48$23,568
Sep 20201,5681,83637.091.99$61,813
Aug 20201,8852,99139.982.39$82,496
Jul 20201,4972,12938.371.83$61,326
Jun 202085057634.901.69$30,639
May 20201,0461,85216.921.81$21,059
Apr 20201,0902,17514.751.80$20,002
Mar 20205801,60230.341.86$20,571
Feb 20202651,73949.881.98$16,663
Jan 20205251,45457.252.09$33,102
Dec 20191,0002,17059.012.30$64,010
Nov 20191,0432,81555.302.75$65,421
Oct 20191,2454,62053.472.42$77,744
Sep 20191,2581,54355.052.66$73,353
Aug 20191,2572,19153.112.30$71,808
Jul 20191,6353,41456.272.46$100,400
Jun 20191,5502,46452.782.49$87,947
May 20191,5881,95558.482.74$98,224
Apr 20191,5172,98362.632.75$103,215
Mar 20191,9934,36256.803.06$126,559
Feb 20191,9924,50450.852.79$113,869
Jan 20191,9394,52046.033.23$103,844
Dec 20182,3596,39746.594.19$136,680
Nov 20182,39319,23752.934.24$208,173
Oct 20182,74020,41861.443.40$237,728
Sep 20183,84530,71859.543.11$324,403
Aug 20184,38919,44059.403.07$320,321
Jul 20184,2548,04465.142.93$300,690
Jun 20187,78421,56060.183.08$534,780
May 201811,43628,96565.382.90$831,707
Apr 201814,03117,69863.842.90$947,077
Mar 201818,94017,96961.222.79$1,209,584

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           613 bbl  × $106.41 =    $65,229
Gas                1,325 Mcf  × $  3.05 =     $4,036

────────────────────────────────────────────────────
Month total                                  $69,265

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/295441 is the state's own key, not one this site invented.