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MIKA

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.

Oil lease lease 11478District 02Field 86950300OilCasinghead gasSaveExport
Value, all time
$35.0 M
Apr 2017 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
110
no gaps in the span
Streams
2
oil, casinghead gas

The SUGARKANE (AUSTIN CHALK) field

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.”

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
OilDisposition551,536 bbl$30,799,683
Casinghead gasProduction1,257,725 Mcf$4,200,736
Total$35,000,419

Wells on this lease (2)

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 29.0060, -97.8505. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.00600, -97.85048 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,763 ft
2 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.
2100.0%

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

Between 10,753 and 10,773 ft, median 10,763 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2017
2 of 2 wells

2 wells

42-25535216101H10,773 ftApr 2017——
42-25535217102H10,753 ftApr 2017——

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 (110)

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

110 months

May 20261,3014,113106.413.05$150,967
Apr 20268043,59798.932.87$89,862
Mar 20261,2204,46889.753.15$123,567
Feb 20267274,26763.503.75$62,167
Jan 20268204,16059.138.00$81,758
Dec 20258414,24456.664.41$66,381
Nov 20251,0384,82658.593.93$79,765
Oct 20258104,71659.383.30$63,683
Sep 20251,1184,67762.743.08$84,534
Aug 20251,2265,48963.933.01$94,926
Jul 20251,0123,17566.743.32$78,067
Jun 20251,0821,96266.483.13$78,070
May 20251,1453,22660.553.23$79,757
Apr 20258154,24262.363.54$65,853
Mar 20251,0162,34867.704.27$78,805
Feb 20258643,39270.884.34$75,964
Jan 20251,2014,02674.324.28$106,484
Dec 20241,0965,01968.993.12$91,279
Nov 20241,0754,28069.052.20$83,638
Oct 20241,3154,66271.372.28$104,487
Sep 20241,1614,36969.612.36$91,147
Aug 20241,3325,00675.632.06$111,070
Jul 20241,2025,09979.932.15$107,021
Jun 20241,4875,11278.082.63$129,570
May 20241,4005,04678.812.20$121,427
Apr 20241,0834,79684.451.66$99,417
Mar 20241,2933,93080.301.55$109,900
Feb 20249493,78276.091.78$78,955
Jan 20241,3164,46873.023.30$110,828
Dec 20231,1015,60671.262.61$93,093
Nov 20231,6564,93377.892.81$142,836
Oct 20239175,49085.443.09$95,298
Sep 20231,3387,31189.042.74$139,131
Aug 20231,5008,07880.522.67$142,372
Jul 20231,4757,66974.852.64$130,664
Jun 20231,3637,31268.962.26$110,506
May 20231,3876,80970.622.23$113,116
Apr 20231,3695,89078.122.24$120,127
Mar 20231,4826,55472.852.39$123,648
Feb 20231,0157,42875.112.47$94,552
Jan 20231,8078,11976.533.39$165,795
Dec 20221,5057,23376.415.73$156,435
Nov 20221,6318,74785.005.65$188,022
Oct 20221,6989,35087.185.86$202,858
Sep 20221,59510,09584.888.16$217,796
Aug 20221,92510,51694.529.13$277,932
Jul 20221,74210,442101.587.54$255,707
Jun 20222,20110,513115.097.98$337,177
May 20221,96710,150109.378.43$300,726
Apr 20221,5409,296104.226.84$224,061
Mar 20222,3589,190108.885.08$303,391
Feb 20222,0918,43291.054.86$231,355
Jan 20222,1189,93881.844.54$218,433
Dec 20212,0149,14871.323.90$179,308
Nov 20212,1769,55477.435.24$218,521
Oct 20212,34210,92779.795.71$249,304
Sep 20211,99111,31569.865.35$199,637
Aug 20212,07510,88966.024.22$182,950
Jul 20212,29513,31270.783.98$215,450
Jun 20212,67912,86469.493.38$229,652
May 20212,76412,61163.483.02$213,515
Apr 20212,54513,27460.362.76$190,231
Mar 20212,63813,37961.302.72$198,059
Feb 20212,24812,52157.805.55$199,400
Jan 20212,46211,13550.412.81$155,402
Dec 20202,82211,91444.642.68$157,850
Nov 20202,869038.772.71$111,231
Oct 20202,99111,11636.972.48$138,128
Sep 20202,81711,32037.091.99$127,021
Aug 20203,28315,62539.982.39$168,522
Jul 20203,09713,46138.371.83$143,400
Jun 20203,39512,66834.901.69$139,898
May 20203,31712,30316.921.81$78,451
Apr 20204,10414,24314.751.80$86,234
Mar 20203,98913,50430.341.86$146,093
Feb 20203,83412,03649.881.98$215,079
Jan 20204,13313,53157.252.09$264,958
Dec 20194,37110,85959.012.30$282,956
Nov 20194,36411,88255.302.75$274,013
Oct 20193,85910,37053.472.42$231,421
Sep 20195,77012,62055.052.66$351,173
Aug 20196,18915,95053.112.30$365,452
Jul 20196,31614,27656.272.46$390,521
Jun 20196,75313,15152.782.49$389,185
May 20198,00414,94358.482.74$509,023
Apr 20199,39313,45862.632.75$625,303
Mar 20199,53614,41156.803.06$585,773
Feb 20197,6116,51050.852.79$405,197
Jan 20199,2384,54646.033.23$439,900
Dec 201810,08412,41246.594.19$521,763
Nov 20189,14410,01952.934.24$526,445
Oct 20189,5509,27061.443.40$618,252
Sep 20186,8206,10859.543.11$425,046
Aug 201815,92223,45859.403.07$1,017,702
Jul 201815,33324,25565.142.93$1,069,904
Jun 201815,19820,14260.183.08$976,591
May 201816,5555,78965.382.90$1,099,159
Apr 201816,91816,55463.842.90$1,128,065
Mar 201821,55323,96761.222.79$1,386,267
Feb 20186,4567,59361.782.77$419,855
Jan 20185,8025,63962.874.01$387,380
Dec 201722520557.272.92$13,485
Nov 20171,8946,20355.423.12$124,309
Oct 201712,98637,10649.292.98$750,792
Sep 201717,67660,41147.523.09$1,026,469
Aug 201722,74562,16445.373.00$1,218,706
Jul 201735,44853,49143.873.09$1,720,245
Jun 201735,44955,34242.493.09$1,677,084
May 201749,38566,63145.373.26$2,458,041
Apr 20175,5797,74247.933.21$292,266

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                1,301 bbl  × $106.41 =   $138,439
Casinghead gas     4,113 Mcf  × $  3.05 =    $12,528

────────────────────────────────────────────────────
Month total                                 $150,967

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/O/11478 is the state's own key, not one this site invented.