PIETSCH UNIT

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

Gas lease lease 139798District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$10 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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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
High Cost Gas111994-01-22129440
NGPA1none

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
CondensateDisposition59,541 bbl$1,549,445
GasProduction1,507,058 Mcf$2,649,831
Total$4,199,276

848,774 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 30.0462, -96.8603. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.04621, -96.86029 · 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
12,701 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 12,701 ft.

Completions filed
Sep 1991
1 of 1 wells

1 well

42-149324751 H12,701 ftSep 1991

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 2026023106.413.05$70
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202602763.503.75$101
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202503058.593.93$118
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20251461063.933.01$9,364
Jul 202501466.743.32$46
Jun 20250066.483.13$0
May 20250860.553.23$26
Apr 20250362.363.54$11
Mar 20250967.704.27$38
Feb 20250870.884.34$35
Jan 20250074.324.28$0
Dec 202401068.993.12$31
Nov 20240969.052.20$20
Oct 202401071.372.28$23
Sep 20240669.612.36$14
Aug 20240775.632.06$14
Jul 20240979.932.15$19
Jun 20240078.082.63$0
May 202401178.812.20$24
Apr 20240584.451.66$8
Mar 20240580.301.55$8
Feb 20240476.091.78$7
Jan 20240773.023.30$23
Dec 20230571.262.61$13
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 202294076.415.73$7,183
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20220532115.097.98$4,244
May 20220808109.378.43$6,814
Apr 20220620104.226.84$4,239
Mar 2022043108.885.08$218
Feb 202218057591.054.86$19,183
Jan 2022066481.844.54$3,013
Dec 2021089971.323.90$3,505
Nov 202101,04177.435.24$5,452
Oct 20211831,12079.795.71$21,001
Sep 20210769.865.35$37
Aug 202101766.024.22$72
Jul 2021033970.783.98$1,350
Jun 2021054169.493.38$1,829
May 2021072663.483.02$2,191
Apr 2021063960.362.76$1,763
Mar 2021053161.302.72$1,443
Feb 2021046457.805.55$2,574
Jan 2021093550.412.81$2,628
Dec 2020057744.642.68$1,544
Nov 2020088538.772.71$2,395
Oct 202010670636.972.48$5,669
Sep 2020062037.091.99$1,234
Aug 2020067039.982.39$1,598
Jul 2020067038.371.83$1,223
Jun 2020084834.901.69$1,433
May 2020066416.921.81$1,205
Apr 2020044114.751.80$796
Mar 2020038530.341.86$715
Feb 2020028249.881.98$559
Jan 2020065057.252.09$1,362
Dec 201916948859.012.30$11,097
Nov 2019042155.302.75$1,158
Oct 2019093053.472.42$2,249
Sep 201901,14955.052.66$3,053
Aug 2019096353.112.30$2,219
Jul 20191741,23956.272.46$12,839
Jun 2019082052.782.49$2,043
May 2019080258.482.74$2,198
Apr 201901,00262.632.75$2,756
Mar 201901,06256.803.06$3,252
Feb 2019061450.852.79$1,714
Jan 201901,52746.033.23$4,929
Dec 20181711,21246.594.19$13,040
Nov 2018083652.934.24$3,542
Oct 201801,13961.443.40$3,870
Sep 2018601,56459.543.11$8,433
Aug 2018076459.403.07$2,343
Jul 2018092365.142.93$2,706
Jun 201801,11860.183.08$3,440
May 20181591,73865.382.90$15,437
Apr 201804363.842.90$125
Mar 201801,71361.222.79$4,774
Feb 2018085361.782.77$2,360
Jan 20181821,35862.874.01$16,887
Dec 2017080257.272.92$2,343
Nov 201701,50755.423.12$4,699
Oct 2017097249.292.98$2,900
Sep 201701,36947.523.09$4,226
Aug 2017086145.373.00$2,587
Jul 201701,36943.873.09$4,226
Jun 20171791,29542.493.09$11,604
May 2017087345.373.26$2,849
Apr 201701,29547.933.21$4,159
Mar 201704546.772.98$134
Feb 201701850.452.95$53
Jan 201704649.413.42$157
Dec 20163251,03548.763.72$19,700
Nov 2016094042.492.64$2,486
Oct 2016084046.193.09$2,596
Sep 201601,89841.553.10$5,885
Aug 20161771,12241.442.92$10,616
Jul 201601,35141.622.92$3,951
Jun 201601,69245.352.69$4,544
May 201601,28842.521.99$2,564
Apr 201602,70136.561.99$5,378
Mar 2016090933.011.79$1,631
Feb 201618195726.472.06$6,766
Jan 2016080227.352.36$1,896
Dec 201503,35032.362.00$6,705
Nov 2015082238.792.17$1,782
Oct 201517890243.552.43$9,941
Sep 201501,78442.992.76$4,921
Aug 2015078540.162.87$2,255
Jul 201501,92748.152.95$5,675
Jun 20151801,59656.152.88$14,708
May 201501,38955.212.96$4,105
Apr 201501,09349.822.71$2,958
Mar 2015096542.892.93$2,832
Feb 201501,24144.662.98$3,693
Jan 201517786143.433.10$10,357
Dec 201403,30854.693.59$11,880
Nov 201401,89870.464.25$8,070
Oct 20141741,95378.303.90$21,243
Sep 201401,15086.164.05$4,652
Aug 201402,00589.394.04$8,090
Jul 2014086296.564.18$3,603
Jun 201401,23698.164.74$5,855
May 20141733,08094.734.73$30,946
Apr 201401,00095.944.81$4,809
Mar 201412,90995.895.06$14,806
Feb 20141782,39997.406.19$32,192
Jan 2014079190.404.86$3,845
Dec 2013034491.824.35$1,498
Nov 2013451,14288.853.74$8,267
Oct 201302,21097.423.78$8,352
Sep 20131761,971104.113.72$25,651
Aug 201303,282104.253.52$11,561
Jul 201303,185102.523.72$11,841
Jun 201302,79094.403.93$10,974
May 20131791,70894.834.15$24,061
Apr 201302,11193.964.28$9,041
Mar 2013092093.623.91$3,600
Feb 20131811,83591.233.42$22,788
Jan 201312,22491.603.42$7,697
Dec 201213,12786.773.42$10,782
Nov 20121446,92386.953.62$37,616
Oct 20123396,96489.383.40$53,975
Sep 2012093994.672.92$2,740
Aug 201201,08892.662.91$3,164
Jul 201201,14285.133.02$3,450
Jun 2012059079.822.52$1,486
May 201201,30091.612.49$3,235
Apr 201201,180101.652.00$2,356
Mar 2012173940105.052.22$20,262
Feb 201201,000101.102.57$2,570
Jan 2012079898.092.73$2,182
Dec 201117953096.873.24$19,057
Nov 201101,19195.723.31$3,944
Oct 201101,02784.983.65$3,747
Sep 201101,12283.623.99$4,472
Aug 20111861,20083.404.15$20,492
Jul 201102,31294.144.52$10,444
Jun 2011067692.904.64$3,137
May 201101,22598.134.40$5,396
Apr 20110730105.964.33$3,163
Mar 2011074196.364.06$3,006
Feb 201101,25185.644.18$5,229
Jan 20111821,73186.504.59$23,686
Dec 201012,77085.734.35$12,129
Nov 201001,97080.843.80$7,477
Oct 20101791,88278.103.51$20,584
Sep 201011,22472.633.98$4,944
Aug 201001,95673.684.42$8,644
Jul 201012,02772.554.74$9,673
Jun 20101823,72570.364.91$31,097
May 201044,86571.124.24$20,889
Apr 20101632,65881.694.12$24,274
Mar 201011,08578.394.39$4,840
Feb 201001,74373.585.44$9,486
Jan 20101631,64874.365.96$21,950
Dec 2009095471.445.48$5,232
Nov 200922,48874.593.75$9,483
Oct 20091792,77672.544.11$24,395
Sep 200922,92665.543.06$9,099
Aug 200901,83567.423.22$5,906
Jul 20091601,91361.133.46$16,408
Jun 200901,79766.163.90$6,999
May 2009030354.743.93$1,190
Apr 200921,17046.773.59$4,291
Mar 20091962,60542.144.06$18,833
Feb 200911,99332.814.63$9,266
Jan 200932,41435.865.37$13,073
Dec 20082003,11637.105.98$26,045
Nov 2008010155.496.86$693
Oct 2008089575.246.92$6,195
Sep 20082778101.767.88$6,332
Aug 2008189762114.228.48$28,052
Jul 20080228131.0811.39$2,597
Jun 20080170131.3313.03$2,216
May 20083517123.1711.57$6,353
Apr 20081731110.3110.45$7,753
Mar 20081458101.909.66$4,528
Feb 200817183692.538.77$23,155
Jan 2008168190.388.21$5,678
Dec 2007045888.337.30$3,344
Nov 2007376291.677.29$5,831
Oct 2007351182.856.92$3,786
Sep 200718451675.846.24$17,177
Aug 2007736769.066.39$2,828
Jul 20070070.906.39$0
Jun 2007018162.007.55$1,366
May 2007150458.747.85$4,013
Apr 2007048459.617.81$3,778
Mar 2007027456.927.30$2,001
Feb 200717794955.108.22$17,550
Jan 200712,39150.306.73$16,134
Dec 20061882,37256.656.92$27,061
Nov 200602,32354.207.62$17,695
Oct 20061882,44254.906.01$25,007
Sep 200612,49060.085.04$12,603
Aug 200602,78368.717.34$20,427
Jul 20061863,85069.376.34$37,322
Jun 20060066.286.38$0
May 200602,16466.016.42$13,904
Apr 20061913,03064.397.36$34,601
Mar 200602,42956.707.08$17,204
Feb 200618671457.597.75$16,246
Jan 200601,95460.598.93$17,456
Dec 200501,85854.9413.42$24,926
Nov 20051862,51954.6910.59$36,845
Oct 200512,77758.3413.80$38,369
Sep 200502,36161.4512.08$28,519
Aug 20051872,38761.519.80$34,887
Jul 200502,41355.697.84$18,927
Jun 20051881,72052.337.38$22,533
May 200502,61845.226.65$17,413
Apr 20051902,43349.207.36$27,256
Mar 200502,16350.377.15$15,476
Feb 200501,25545.226.31$7,921
Jan 20051782,24143.166.32$21,851
Dec 200401,76139.866.75$11,889
Nov 200401,27845.286.33$8,090
Oct 20041791,38549.706.52$17,920
Sep 200402,01943.245.28$10,668
Aug 20041882,49242.375.55$21,798
Jul 200403,74338.286.08$22,773
Jun 20041862,02436.106.43$19,735
May 20041882,48637.486.49$23,192
Apr 200403,51734.475.86$20,604
Mar 20043712,75534.365.53$27,983
Feb 20041874,84532.455.51$32,762
Jan 200401,90132.036.30$11,976
Dec 20030930.266.30$57
Nov 200301,23328.804.60$5,666
Oct 20031852,71328.174.76$18,124
Sep 200302,61526.314.75$12,420
Aug 20031822,78329.765.13$19,692
Jul 200303,07929.415.17$15,921
Jun 20031893,01028.565.98$23,407
May 200303,15426.595.97$18,838
Apr 20031722,02626.675.41$15,542
Mar 200302,73531.146.10$16,673
Feb 20031872,45333.487.93$25,703
Jan 20031852,34530.315.58$18,697
Dec 200201,30926.914.85$6,354
Nov 20021932,77824.664.14$16,252
Oct 20021842,41926.464.23$15,099
Sep 200203,53027.443.64$12,832
Aug 20021871,86825.963.16$10,765
Jul 200201,71324.583.06$5,245
Jun 20021842,40223.733.34$12,385
May 200202,72124.663.58$9,752
Apr 20021842,47523.653.51$13,045
Mar 200202,67422.003.10$8,297
Feb 20021882,71118.222.38$9,866
Jan 20021852,75817.172.38$9,729
Dec 200102,44616.932.36$5,783
Nov 20011872,51718.072.41$9,434
Oct 200102,25919.782.53$5,713
Sep 20011902,47524.262.25$10,181
Aug 20011851,68224.873.05$9,736
Jul 20011821,28223.933.20$8,454
Jun 200101,08024.563.82$4,130
May 20011862,30625.524.31$14,679
Apr 20011874,71424.685.34$29,766
Mar 20011896,27324.545.38$38,364
Feb 20011794,89827.755.77$33,214
Jan 20011845,96627.478.40$55,161
Dec 20001884,96126.889.12$50,310
Nov 20001943,33032.215.66$25,090
Oct 20001913,57731.235.15$24,370
Sep 200003,24531.875.19$16,830
Aug 20001893,64929.644.54$22,171
Jul 20001863,83328.534.09$20,983
Jun 20001843,35029.304.40$20,122
May 20001863,47827.263.68$17,869
Apr 200003,41924.513.12$10,654
Mar 20001924,26028.422.86$17,639
Feb 20001904,21227.622.73$16,732
Jan 20001944,00225.272.48$14,829
Dec 19991764,73524.282.42$15,750
Nov 19991844,84923.192.43$16,069
Oct 19991745,36220.982.80$18,684
Sep 19991815,14621.752.62$17,413
Aug 19991655,42919.262.88$18,790
Jul 19991744,57817.892.37$13,974
Jun 19991844,46415.942.36$13,477
May 19991824,40515.792.32$13,098
Apr 19991766,52015.102.21$17,054
Mar 19991835,05512.471.84$11,575
Feb 19991813,1509.981.82$7,532
Jan 19997236,91910.381.90$20,650
Dec 199803,5759.201.77$6,340
Nov 19983715,00210.892.19$14,973
Oct 19981875,17412.421.97$12,511
Sep 19981724,85612.592.08$12,279
Aug 19981835,11411.301.91$11,822
Jul 199805,28611.742.24$11,826
Jun 199805,28511.242.24$11,824
May 19981705,51012.622.21$14,302
Apr 19983505,36313.042.51$18,000
Mar 19981815,80212.802.31$15,716
Feb 19981764,96613.952.30$13,873
Jan 19983436,14614.702.15$18,285
Dec 19971734,49516.322.41$13,661
Nov 19973595,05918.193.09$22,154
Oct 19971825,86019.253.15$21,961
Sep 19971725,98017.742.95$20,721
Aug 19973456,26217.862.55$22,159
Jul 19971685,64017.582.25$15,626
Jun 19971765,78917.242.26$16,101
May 19973535,58118.972.31$19,580
Apr 19971796,58017.882.08$16,905
Mar 19973436,66718.951.94$19,428
Feb 19973776,50720.492.21$22,079
Jan 19972008,40823.483.54$34,458
Dec 19963207,51823.32$7,462
Nov 19963227,05721.97$7,074
Oct 19963156,70723.31$7,343
Sep 19961586,18522.22$3,511
Aug 19963326,52320.26$6,726
Jul 19963457,24119.55$6,745
Jun 19961626,43418.73$3,034
May 19963337,43819.43$6,470
Apr 19963377,27621.51$7,249
Mar 19963559,15419.38$6,880
Feb 19963569,00016.98$6,045
Jan 19963738,40117.07$6,367
Dec 19953509,51717.19$6,017
Nov 199553710,16216.00$8,592
Oct 199534410,33715.43$5,308
Sep 19953519,92616.18$5,679
Aug 199554110,51615.92$8,613
Jul 199536412,50515.24$5,547
Jun 199536810,20616.41$6,039
May 199553111,69517.56$9,324
Apr 199552311,56717.73$9,273
Mar 199553312,40116.44$8,763
Feb 199553410,92416.58$8,854
Jan 199551112,68215.92$8,135
Dec 199469613,68915.03$10,461
Nov 199453514,05815.90$8,507
Oct 199474615,03715.58$11,623
Sep 199455916,04615.29$8,547
Aug 199453515,91916.13$8,630
Jul 199474117,22117.56$13,012
Jun 199473318,14817.09$12,527
May 199470919,97615.88$11,259
Apr 199489815,30814.14$12,698
Mar 199474119,50212.46$9,233
Feb 199492619,87012.50$11,575
Jan 19941,10521,61912.66$13,989
Dec 199393423,46412.33$11,516
Nov 19931,14022,86714.49$16,519
Oct 199394424,97615.85$14,962
Sep 19931,09330,10815.03$16,428
Aug 19931,29329,07615.66$20,248
Jul 19931,11132,21215.46$17,176
Jun 19931,30033,00716.79$21,827
May 19931,47437,39117.68$26,060
Apr 19931,68640,23518.05$30,432
Mar 19931,87348,26318.14$33,976
Feb 19931,67249,10717.90$29,929
Jan 19932,40550,30316.93$40,717

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             0 bbl  × $106.41 =         $0
Gas                   23 Mcf  × $  3.05 =        $70

────────────────────────────────────────────────────
Month total                                      $70

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. 03/G/139798 is the state's own key, not one this site invented.