B. U. MAGNOLIA-INGRAM

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the BURNELL (SLICK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 39706District 02Field 13648528CondensateGasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$99 k
at the published price for each month
Months reported
401
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 28 leases and 35 wells, and the rule below applies to all of them.

Discovered
1945-01-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1969-06-01.

The Commission's schedule remark for this field reads: SUSPENDED ALLOCATION FORMULA 4/1/94

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
CondensateDisposition2,865 bbl$97,960
GasProduction538,672 Mcf$1,810,695
Total$1,908,655

94,475 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.

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
7,017 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 7,017 ft.

Completions filed
Jul 1966
1 of 1 wells

1 well

42-0250008017,017 ftJul 1966

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 202600106.413.05$0
Apr 2026301,91498.932.87$8,461
Mar 2026402,47389.753.15$11,379
Feb 2026342,45063.503.75$11,347
Jan 202601,98859.138.00$15,900
Dec 202502,16356.664.41$9,546
Nov 2025391,80858.593.93$9,384
Oct 202501,72759.383.30$5,707
Sep 202501,81062.743.08$5,569
Aug 202502,02763.933.01$6,111
Jul 2025371,60066.743.32$7,774
Jun 202502,36566.483.13$7,399
May 202502,05460.553.23$6,639
Apr 2025382,39162.363.54$10,841
Mar 202502,49067.704.27$10,628
Feb 2025381,68470.884.34$10,003
Jan 202501,77374.324.28$7,586
Dec 202402,25068.993.12$7,023
Nov 202402,31269.052.20$5,083
Oct 202402,15271.372.28$4,910
Sep 2024352,29069.612.36$7,851
Aug 202401,82175.632.06$3,758
Jul 2024373,41879.932.15$10,294
Jun 2024062778.082.63$1,652
May 2024085378.812.20$1,875
Apr 2024381,53884.451.66$5,761
Mar 202401,55880.301.55$2,407
Feb 2024382,15576.091.78$6,735
Jan 202401,67873.023.30$5,533
Dec 202302,03471.262.61$5,310
Nov 2023241,58777.892.81$6,325
Oct 202301,80885.443.09$5,582
Sep 202302,27389.042.74$6,217
Aug 202302,28980.522.67$6,118
Jul 202301,14574.852.64$3,025
Jun 202302,04468.962.26$4,616
May 2023372,30470.622.23$7,745
Apr 2023221,54378.122.24$5,172
Mar 202301,60972.852.39$3,851
Feb 2023221,90475.112.47$6,347
Jan 2023221,84576.533.39$7,934
Dec 2022251,07176.415.73$8,046
Nov 2022251,70285.005.65$11,735
Oct 202202,32687.185.86$13,639
Sep 2022241,72984.888.16$16,152
Aug 20222458594.529.13$7,608
Jul 202202,321101.587.54$17,505
Jun 202202,197115.097.98$17,526
May 202201,432109.378.43$12,076
Apr 202202,334104.226.84$15,959
Mar 202217983108.885.08$6,841
Feb 2022072291.054.86$3,508
Jan 2022057681.844.54$2,614
Dec 202102,63871.323.90$10,286
Nov 2021097277.435.24$5,090
Oct 2021088179.795.71$5,034
Sep 2021272,16269.865.35$13,455
Aug 2021086366.024.22$3,642
Jul 202101,70670.783.98$6,793
Jun 2021052969.493.38$1,788
May 2021241,61863.483.02$6,406
Apr 202101,64260.362.76$4,529
Mar 2021171,15061.302.72$4,167
Feb 2021067857.805.55$3,762
Jan 202101,71950.412.81$4,831
Dec 2020211,89644.642.68$6,010
Nov 2020083938.772.71$2,271
Oct 202001,09636.972.48$2,716
Sep 202001,37037.091.99$2,728
Aug 202001,65739.982.39$3,952
Jul 2020095738.371.83$1,747
Jun 202001,99934.901.69$3,379
May 202001,54716.921.81$2,807
Apr 202001,55114.751.80$2,799
Mar 2020082630.341.86$1,533
Feb 2020084349.881.98$1,670
Jan 2020090957.252.09$1,904
Dec 2019074859.012.30$1,724
Nov 201911,35755.302.75$3,788
Oct 201901,94853.472.42$4,711
Sep 201901,55555.052.66$4,132
Aug 201901,59253.112.30$3,669
Jul 201901,33756.272.46$3,289
Jun 201911,11652.782.49$2,833
May 2019131458.482.74$919
Apr 2019287762.632.75$2,538
Mar 201911,54056.803.06$4,772
Feb 201921,43950.852.79$4,120
Jan 201901,35146.033.23$4,361
Dec 201831,44646.594.19$6,192
Nov 201801,49452.934.24$6,330
Oct 201801,74661.443.40$5,933
Sep 201871,75359.543.11$5,865
Aug 201801,98159.403.07$6,075
Jul 2018101,84165.142.93$6,049
Jun 201801,31560.183.08$4,046
May 201801,19765.382.90$3,472
Apr 201801,29163.842.90$3,745
Mar 201801,71861.222.79$4,788
Feb 201801,68361.782.77$4,655
Jan 201801,86862.874.01$7,489
Dec 201701,85157.272.92$5,408
Nov 201701,96755.423.12$6,134
Oct 201702,38449.292.98$7,113
Sep 2017049547.523.09$1,528
Aug 2017085845.373.00$2,578
Jul 2017082843.873.09$2,556
Jun 201701,14742.493.09$3,541
May 201701,12945.373.26$3,684
Apr 201701,49247.933.21$4,792
Mar 201701,60246.772.98$4,780
Feb 201701,72750.452.95$5,099
Jan 2017155649.413.42$1,950
Dec 2016482848.763.72$3,278
Nov 20161063142.492.64$2,093
Oct 20162473246.193.09$3,371
Sep 20161572641.553.10$2,874
Aug 20162862141.442.92$2,976
Jul 20161162341.622.92$2,280
Jun 20161254745.352.69$2,013
May 20162590442.521.99$2,863
Apr 2016331,22636.561.99$3,648
Mar 20165676633.011.79$3,223
Feb 2016191,37126.472.06$3,332
Jan 2016751,15627.352.36$4,784
Dec 2015099232.362.00$1,985
Nov 201502,69138.792.17$5,832
Oct 201501,96943.552.43$4,778
Sep 201501,89042.992.76$5,213
Aug 201501,73440.162.87$4,981
Jul 201502,92548.152.95$8,614
Jun 201501,74056.152.88$5,016
May 201501,65355.212.96$4,885
Apr 201501,43149.822.71$3,873
Mar 201501,39842.892.93$4,103
Feb 201501,49944.662.98$4,461
Jan 2015073443.433.10$2,276
Dec 2014064054.693.59$2,298
Nov 2014016170.464.25$685
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014021189.394.04$851
Jul 2014017296.564.18$719
Jun 2014025298.164.74$1,194
May 201401894.734.73$85
Apr 201403395.944.81$159
Mar 2014049595.895.06$2,503
Feb 2014019197.406.19$1,183
Jan 201407890.404.86$379
Dec 2013012691.824.35$549
Nov 2013015188.853.74$564
Oct 2013065597.423.78$2,475
Sep 20130107104.113.72$398
Aug 20130344104.253.52$1,212
Jul 20130227102.523.72$844
Jun 2013029394.403.93$1,152
May 2013033994.834.15$1,407
Apr 201301,82693.964.28$7,820
Mar 201305893.623.91$227
Feb 201303291.233.42$109
Jan 201302191.603.42$72
Dec 201202686.773.42$89
Nov 201209086.953.62$326
Oct 2012024489.383.40$830
Sep 2012014794.672.92$429
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012017479.822.52$438
May 2012023891.612.49$592
Apr 201202,197101.652.00$4,387
Mar 201201,010105.052.22$2,244
Feb 20120969101.102.57$2,491
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011073295.723.31$2,424
Oct 2011039284.983.65$1,430
Sep 2011027583.623.99$1,096
Aug 2011018283.404.15$755
Jul 2011068294.144.52$3,081
Jun 2011071492.904.64$3,313
May 2011034198.134.40$1,502
Apr 20110238105.964.33$1,031
Mar 2011032796.364.06$1,327
Feb 2011060185.644.18$2,512
Jan 2011026386.504.59$1,207
Dec 2010069385.734.35$3,013
Nov 2010090580.843.80$3,435
Oct 2010056478.103.51$1,979
Sep 2010079972.633.98$3,180
Aug 2010075973.684.42$3,354
Jul 2010049172.554.74$2,326
Jun 2010032370.364.91$1,586
May 2010090971.124.24$3,850
Apr 2010076381.694.12$3,146
Mar 2010065678.394.39$2,879
Feb 201001,10873.585.44$6,030
Jan 2010051074.365.96$3,042
Dec 2009086671.445.48$4,749
Nov 2009024374.593.75$912
Oct 2009046372.544.11$1,903
Sep 2009080765.543.06$2,473
Aug 2009089567.423.22$2,881
Jul 2009057961.133.46$2,006
Jun 2009098166.163.90$3,821
May 200901,78054.743.93$6,988
Apr 200901,20146.773.59$4,309
Mar 200901,60542.144.06$6,515
Feb 200901,76132.814.63$8,159
Jan 200901,46235.865.37$7,852
Dec 200801,85337.105.98$11,076
Nov 200801,71755.496.86$11,779
Oct 200802,06375.246.92$14,280
Sep 200801,002101.767.88$7,893
Aug 200801,492114.228.48$12,657
Jul 200801,150131.0811.39$13,098
Jun 200803,278131.3313.03$42,721
May 200802,836123.1711.57$32,825
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007010988.337.30$796
Nov 200701,17091.677.29$8,531
Oct 200701,53682.856.92$10,632
Sep 200701,07775.846.24$6,725
Aug 2007030069.066.39$1,916
Jul 200708370.906.39$530
Jun 200701,04762.007.55$7,903
May 200701,47758.747.85$11,589
Apr 2007094959.617.81$7,407
Mar 200701,27056.927.30$9,274
Feb 200701,21255.108.22$9,958
Jan 200701,17150.306.73$7,877
Dec 200601,39556.656.92$9,651
Nov 200602,24554.207.62$17,101
Oct 200601,19554.906.01$7,186
Sep 200601,56660.085.04$7,888
Aug 200601,46068.717.34$10,716
Jul 200601,62869.376.34$10,326
Jun 200601,25566.286.38$8,012
May 200601,19366.016.42$7,665
Apr 200601,62964.397.36$11,990
Mar 200601,56556.707.08$11,085
Feb 2006082357.597.75$6,379
Jan 200601,64960.598.93$14,731
Dec 200501,56054.9413.42$20,928
Nov 200501,17454.6910.59$12,431
Oct 20050058.3413.80$0
Sep 2005047561.4512.08$5,738
Aug 2005076461.519.80$7,485
Jul 2005097055.697.84$7,608
Jun 2005065052.337.38$4,798
May 200501,18245.226.65$7,862
Apr 2005092649.207.36$6,816
Mar 200501,07450.377.15$7,684
Feb 200501,16145.226.31$7,328
Jan 200501,26443.166.32$7,991
Dec 2004098139.866.75$6,623
Nov 200401,22045.286.33$7,723
Oct 20040049.706.52$0
Sep 200401,59743.245.28$8,438
Aug 200401,31442.375.55$7,294
Jul 200401,50438.286.08$9,151
Jun 200401,61836.106.43$10,409
May 200402,14237.486.49$13,911
Apr 200401,32834.475.86$7,780
Mar 200401,22834.365.53$6,791
Feb 200401,09932.455.51$6,055
Jan 200401,55332.036.30$9,783
Dec 200302,76230.266.30$17,405
Nov 200301,36028.804.60$6,249
Oct 200301,34128.174.76$6,383
Sep 200301,69326.314.75$8,041
Aug 2003095729.765.13$4,909
Jul 200301,21129.415.17$6,262
Jun 200301,56628.565.98$9,369
May 200301,03126.595.97$6,158
Apr 200301,69226.675.41$9,149
Mar 2003088531.146.10$5,395
Feb 200301,10133.487.93$8,726
Jan 200301,07430.315.58$5,995
Dec 200201,27726.914.85$6,198
Nov 2002090224.664.14$3,732
Oct 200201,53826.464.23$6,504
Sep 200201,46027.443.64$5,307
Aug 200201,36725.963.16$4,325
Jul 200201,48024.583.06$4,531
Jun 200201,19723.733.34$3,996
May 200201,15324.663.58$4,132
Apr 200201,34323.653.51$4,717
Mar 200201,09522.003.10$3,397
Feb 200201,27118.222.38$3,019
Jan 200201,46017.172.38$3,468
Dec 200101,14416.932.36$2,705
Nov 200101,24018.072.41$2,983
Oct 200101,24919.782.53$3,159
Sep 200101,75924.262.25$3,960
Aug 200101,39124.873.05$4,247
Jul 200101,69923.933.20$5,432
Jun 200101,07324.563.82$4,103
May 200101,86025.524.31$8,012
Apr 2001091224.685.34$4,866
Mar 200101,66224.545.38$8,936
Feb 2001076327.755.77$4,400
Jan 200101,36227.478.40$11,439
Dec 200001,23226.889.12$11,239
Nov 200001,39832.215.66$7,910
Oct 200001,38431.235.15$7,121
Sep 200001,64131.875.19$8,511
Aug 200001,21129.644.54$5,499
Jul 200001,45028.534.09$5,930
Jun 200001,39229.304.40$6,121
May 2000075827.263.68$2,789
Apr 200001,01924.513.12$3,175
Mar 200001,42828.422.86$4,084
Feb 200001,49627.622.73$4,079
Jan 200001,52225.272.48$3,775
Dec 199901,49524.282.42$3,623
Nov 199901,18323.192.43$2,879
Oct 199901,53320.982.80$4,298
Sep 199901,32821.752.62$3,478
Aug 199901,56119.262.88$4,489
Jul 199901,53317.892.37$3,637
Jun 199901,37015.942.36$3,236
May 199901,54515.792.32$3,586
Apr 199901,34215.102.21$2,963
Mar 199901,33712.471.84$2,458
Feb 199901,1779.981.82$2,140
Jan 199901,82610.381.90$3,469
Dec 199802,6989.201.77$4,784
Nov 199802,06810.892.19$4,520
Oct 199801,52212.421.97$2,997
Sep 199801,55012.592.08$3,228
Aug 199801,98811.301.91$3,792
Jul 1998151,58611.742.24$3,724
Jun 199801,78011.242.24$3,982
May 199802,10612.622.21$4,647
Apr 199802,31213.042.51$5,792
Mar 199801,82212.802.31$4,208
Feb 199801,60213.952.30$3,683
Jan 199802,05214.702.15$4,422
Dec 199701,58716.322.41$3,826
Nov 199701,99118.193.09$6,149
Oct 199701,61319.253.15$5,081
Sep 199701,86417.742.95$5,508
Aug 199702,39417.862.55$6,116
Jul 199701,67917.582.25$3,773
Jun 199701,81517.242.26$4,097
May 1997221,87918.972.31$4,755
Apr 199701,83517.882.08$3,822
Mar 199701,79918.951.94$3,489
Feb 1997101,80220.492.21$4,180
Jan 1997211,67823.483.54$6,433
Dec 199601,84323.32$0
Nov 1996212,04821.97$461
Oct 199601,78123.31$0
Sep 199601,92922.22$0
Aug 1996261,90620.26$527
Jul 199601,96119.55$0
Jun 199602,40918.73$0
May 1996331,74919.43$641
Apr 199601,89721.51$0
Mar 1996391,90519.38$756
Feb 1996381,79516.98$645
Jan 199602,69717.07$0
Dec 199503,06917.19$0
Nov 1995521,93816.00$832
Oct 1995913,27415.43$1,404
Sep 1995882,65616.18$1,424
Aug 1995853,02915.92$1,353
Jul 1995882,90215.24$1,341
Jun 1995782,97416.41$1,280
May 1995812,80117.56$1,422
Apr 1995603,14917.73$1,064
Mar 1995973,12716.44$1,595
Feb 19951113,48316.58$1,840
Jan 1995743,75715.92$1,178
Dec 1994603,61015.03$902
Nov 199451,03015.90$80
Oct 1994682015.58$93
Sep 199431,22815.29$46
Aug 199451,21216.13$81
Jul 199441,24417.56$70
Jun 1994445317.09$68
May 1994121,17515.88$191
Apr 1994171,43514.14$240
Mar 199471,08012.46$87
Feb 1994669412.50$75
Jan 19941170212.66$139
Dec 1993191,95712.33$234
Nov 1993231,61014.49$333
Oct 1993201,53915.85$317
Sep 1993111,31615.03$165
Aug 1993201,73115.66$313
Jul 1993251,43815.46$387
Jun 1993661,79016.79$1,108
May 19931521,31217.68$2,687
Apr 1993644,63918.05$1,155
Mar 19933784018.14$671
Feb 19933384017.90$591
Jan 19934970116.93$830

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.

Apr 2026 — as filed, then multipliedworked
Condensate            30 bbl  × $ 98.93 =     $2,968
Gas                1,914 Mcf  × $  2.87 =     $5,493

────────────────────────────────────────────────────
Month total                                   $8,461

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/39706 is the state's own key, not one this site invented.