NORA

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 141206District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$8 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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
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 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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 Gas111994-11-14131001
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
CondensateDisposition52,463 bbl$1,126,367
GasProduction1,557,026 Mcf$2,780,013
Total$3,906,380

776,343 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 30.1082, -96.7363. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.10822, -96.73629 · 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
11,370 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 11,370 ft.

Completions filed
Dec 1991
1 of 1 wells

1 well

42-149317051H11,370 ftDec 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 2026027106.413.05$82
Apr 2026013098.932.87$373
Mar 202609389.753.15$293
Feb 2026012063.503.75$450
Jan 20260059.138.00$0
Dec 202509256.664.41$406
Nov 20250358.593.93$12
Oct 2025017759.383.30$585
Sep 202581062.743.08$5,082
Aug 202508963.933.01$268
Jul 202551766.743.32$390
Jun 20250066.483.13$0
May 202506160.553.23$197
Apr 202508062.363.54$283
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240468.993.12$12
Nov 202402269.052.20$48
Oct 202405671.372.28$128
Sep 202402469.612.36$57
Aug 2024014275.632.06$293
Jul 202402579.932.15$54
Jun 202408278.082.63$216
May 2024018278.812.20$400
Apr 202401784.451.66$28
Mar 202401780.301.55$26
Feb 202403476.091.78$61
Jan 202404773.023.30$155
Dec 202308171.262.61$211
Nov 202309477.892.81$264
Oct 2023012585.443.09$386
Sep 2023010289.042.74$279
Aug 2023016780.522.67$446
Jul 2023020174.852.64$531
Jun 202309668.962.26$217
May 2023016670.622.23$370
Apr 2023019578.122.24$436
Mar 2023126772.852.39$712
Feb 2023028175.112.47$693
Jan 2023020976.533.39$708
Dec 2022023176.415.73$1,323
Nov 2022029785.005.65$1,677
Oct 2022030087.185.86$1,759
Sep 2022028484.888.16$2,318
Aug 2022030894.529.13$2,811
Jul 20220275101.587.54$2,074
Jun 20220428115.097.98$3,414
May 2022189316109.378.43$23,336
Apr 20220430104.226.84$2,940
Mar 20220323108.885.08$1,640
Feb 2022147691.054.86$2,404
Jan 202222,18681.844.54$10,083
Dec 202109671.323.90$374
Nov 202103577.435.24$183
Oct 2021011879.795.71$674
Sep 2021013769.865.35$733
Aug 2021017266.024.22$726
Jul 2021021770.783.98$864
Jun 2021029669.493.38$1,001
May 2021014663.483.02$441
Apr 202105360.362.76$146
Mar 202102461.302.72$65
Feb 2021012157.805.55$671
Jan 2021018750.412.81$526
Dec 2020022044.642.68$589
Nov 2020023638.772.71$639
Oct 2020028436.972.48$704
Sep 2020028337.091.99$563
Aug 2020025439.982.39$606
Jul 2020025038.371.83$456
Jun 2020026134.901.69$441
May 2020028916.921.81$524
Apr 2020030414.751.80$549
Mar 2020031030.341.86$575
Feb 2020029449.881.98$582
Jan 2020031757.252.09$664
Dec 2019031659.012.30$728
Nov 2019030455.302.75$836
Oct 2019031653.472.42$764
Sep 2019029055.052.66$771
Aug 2019028253.112.30$650
Jul 2019029856.272.46$733
Jun 2019031652.782.49$787
May 2019031858.482.74$871
Apr 2019035562.632.75$977
Mar 2019036756.803.06$1,124
Feb 2019033050.852.79$921
Jan 2019036146.033.23$1,165
Dec 2018036546.594.19$1,528
Nov 2018035752.934.24$1,513
Oct 2018036361.443.40$1,234
Sep 2018034059.543.11$1,057
Aug 2018031159.403.07$954
Jul 2018028865.142.93$844
Jun 2018029160.183.08$895
May 2018033065.382.90$957
Apr 2018040063.842.90$1,160
Mar 2018041861.222.79$1,165
Feb 2018038761.782.77$1,070
Jan 2018043762.874.01$1,752
Dec 2017043157.272.92$1,259
Nov 2017040555.423.12$1,263
Oct 2017029049.292.98$865
Sep 2017016647.523.09$512
Aug 2017011745.373.00$352
Jul 2017014343.873.09$441
Jun 2017031542.493.09$972
May 201716140045.373.26$8,610
Apr 2017042047.933.21$1,349
Mar 2017039346.772.98$1,173
Feb 2017043050.452.95$1,270
Jan 2017051749.413.42$1,768
Dec 2016043348.763.72$1,612
Nov 2016047042.492.64$1,243
Oct 2016048446.193.09$1,496
Sep 2016037941.553.10$1,175
Aug 2016049541.442.92$1,448
Jul 2016053341.622.92$1,559
Jun 2016049145.352.69$1,319
May 2016057742.521.99$1,149
Apr 2016053036.561.99$1,055
Mar 2016055333.011.79$992
Feb 2016052426.472.06$1,081
Jan 201619759927.352.36$6,804
Dec 2015060132.362.00$1,203
Nov 2015052338.792.17$1,134
Oct 2015052143.552.43$1,264
Sep 2015043442.992.76$1,197
Aug 2015047840.162.87$1,373
Jul 2015054148.152.95$1,593
Jun 2015054856.152.88$1,580
May 2015062855.212.96$1,856
Apr 2015055749.822.71$1,508
Mar 2015061742.892.93$1,811
Feb 2015052444.662.98$1,560
Jan 2015066943.433.10$2,074
Dec 2014068954.693.59$2,474
Nov 2014071770.464.25$3,049
Oct 2014067078.303.90$2,614
Sep 2014066086.164.05$2,670
Aug 2014059289.394.04$2,389
Jul 2014065296.564.18$2,725
Jun 201418870398.164.74$21,784
May 2014072494.734.73$3,422
Apr 2014076195.944.81$3,660
Mar 2014079795.895.06$4,030
Feb 2014070497.406.19$4,359
Jan 2014063990.404.86$3,106
Dec 2013063491.824.35$2,761
Nov 2013059388.853.74$2,217
Oct 2013074397.423.78$2,808
Sep 20130656104.113.72$2,439
Aug 20130653104.253.52$2,300
Jul 20130800102.523.72$2,974
Jun 2013085494.403.93$3,359
May 2013090794.834.15$3,763
Apr 2013037693.964.28$1,610
Mar 2013074793.623.91$2,923
Feb 2013051991.233.42$1,775
Jan 2013069991.603.42$2,391
Dec 2012078686.773.42$2,688
Nov 201218687586.953.62$19,345
Oct 2012080689.383.40$2,740
Sep 2012079094.672.92$2,306
Aug 2012075292.662.91$2,187
Jul 2012071885.133.02$2,169
Jun 2012075879.822.52$1,909
May 2012078391.612.49$1,948
Apr 20120702101.652.00$1,402
Mar 20120659105.052.22$1,464
Feb 20120640101.102.57$1,645
Jan 2012073298.092.73$2,001
Dec 201118685796.873.24$20,794
Nov 201101,05795.723.31$3,500
Oct 201101,16984.983.65$4,265
Sep 201101,20983.623.99$4,819
Aug 201101,29483.404.15$5,369
Jul 201101,41794.144.52$6,401
Jun 201101,33892.904.64$6,208
May 201101,43798.134.40$6,330
Apr 20111771,427105.964.33$24,939
Mar 201101,48896.364.06$6,037
Feb 201101,27485.644.18$5,325
Jan 201101,50086.504.59$6,883
Dec 201001,44685.734.35$6,287
Nov 20101811,49580.843.80$20,306
Oct 201001,63878.103.51$5,748
Sep 201001,53572.633.98$6,108
Aug 20101091,65673.684.42$15,350
Jul 201001,60472.554.74$7,597
Jun 201001,51870.364.91$7,454
May 201001,63871.124.24$6,937
Apr 201001,40481.694.12$5,788
Mar 20101831,63078.394.39$21,499
Feb 201001,53973.585.44$8,376
Jan 201001,74874.365.96$10,425
Dec 200901,80771.445.48$9,909
Nov 20091891,84874.593.75$21,030
Oct 200901,73572.544.11$7,131
Sep 200902,08565.543.06$6,390
Aug 200901,23967.423.22$3,988
Jul 200901,85861.133.46$6,437
Jun 200901,80166.163.90$7,015
May 200902,04254.743.93$8,016
Apr 20091822,04446.773.59$15,845
Mar 200902,09942.144.06$8,520
Feb 20091902,20432.814.63$16,445
Jan 200902,84135.865.37$15,259
Dec 200813,44737.105.98$20,640
Nov 20081173,34755.496.86$29,454
Oct 2008028975.246.92$2,000
Sep 20080808101.767.88$6,365
Aug 20080546114.228.48$4,632
Jul 20080595131.0811.39$6,777
Jun 20080639131.3313.03$8,328
May 2008168799123.1711.57$29,940
Apr 20080923110.3110.45$9,650
Mar 20080559101.909.66$5,402
Feb 2008049792.538.77$4,359
Jan 2008058390.388.21$4,784
Dec 2007067988.337.30$4,958
Nov 2007073791.677.29$5,374
Oct 200713368382.856.92$15,747
Sep 2007063375.846.24$3,953
Aug 2007069469.066.39$4,433
Jul 2007062870.906.39$4,012
Jun 2007074462.007.55$5,616
May 2007097758.747.85$7,666
Apr 2007098659.617.81$7,696
Mar 20071391,07656.927.30$15,769
Feb 2007097455.108.22$8,002
Jan 200701,14250.306.73$7,682
Dec 200601,15956.656.92$8,018
Nov 20061891,22954.207.62$19,606
Oct 200601,35554.906.01$8,149
Sep 200601,39060.085.04$7,002
Aug 200601,59568.717.34$11,707
Jul 200601,76569.376.34$11,195
Jun 20061102,63966.286.38$24,138
May 200612,74966.016.42$17,728
Apr 2006662,22164.397.36$20,597
Mar 200621,63756.707.08$11,708
Feb 2006066657.597.75$5,162
Jan 2006072760.598.93$6,495
Dec 2005075054.9413.42$10,062
Nov 2005059754.6910.59$6,321
Oct 2005069458.3413.80$9,574
Sep 2005065461.4512.08$7,900
Aug 2005064661.519.80$6,329
Jul 2005073655.697.84$5,773
Jun 2005076152.337.38$5,617
May 2005068845.226.65$4,576
Apr 200516571549.207.36$13,381
Mar 2005073250.377.15$5,237
Feb 2005066145.226.31$4,172
Jan 2005075243.166.32$4,754
Dec 2004081539.866.75$5,502
Nov 2004086545.286.33$5,476
Oct 2004098949.706.52$6,443
Sep 2004083843.245.28$4,428
Aug 200401,17442.375.55$6,516
Jul 200401,12738.286.08$6,857
Jun 20041321,26936.106.43$12,929
May 200401,30237.486.49$8,456
Apr 2004481,35434.475.86$9,587
Mar 200401,27034.365.53$7,023
Feb 200401,38232.455.51$7,614
Jan 2004881,77132.036.30$13,975
Dec 200302,09130.266.30$13,177
Nov 200302,25928.804.60$10,380
Oct 2003752,48528.174.76$13,940
Sep 20031722,68826.314.75$17,292
Aug 200303,01629.765.13$15,471
Jul 200303,27229.415.17$16,919
Jun 20031673,40528.565.98$25,142
May 200303,80326.595.97$22,714
Apr 20031793,57226.675.41$24,089
Mar 2003703,93931.146.10$26,192
Feb 2003653,08433.487.93$26,620
Jan 20031903,33330.315.58$24,364
Dec 200203,60626.914.85$17,503
Nov 200204,04524.664.14$16,734
Oct 20021873,99226.464.23$21,831
Sep 200203,87327.443.64$14,079
Aug 20021814,37225.963.16$18,532
Jul 20021795,50324.583.06$21,249
Jun 20021855,12723.733.34$21,505
May 200203,27224.663.58$11,727
Apr 200203,17423.653.51$11,148
Mar 20021913,21522.003.10$14,177
Feb 200202,10618.222.38$5,003
Jan 200203,40317.172.38$8,084
Dec 20011935,11816.932.36$15,368
Nov 20011824,99718.072.41$15,309
Oct 200106,58519.782.53$16,653
Sep 20013144,34824.262.25$17,406
Aug 200104,71424.873.05$14,393
Jul 200105,64623.933.20$18,051
Jun 20011736,33224.563.82$28,463
May 20011696,14025.524.31$30,760
Apr 20011716,08024.685.34$36,659
Mar 20011863,23524.545.38$21,957
Feb 20011865,90827.755.77$39,233
Jan 20011916,29027.478.40$58,075
Dec 20001903,35226.889.12$35,686
Nov 20001806,63832.215.66$43,356
Oct 20001806,78331.235.15$40,523
Sep 20001666,74031.875.19$40,247
Aug 20001907,19829.644.54$38,316
Jul 20001677,73928.534.09$36,415
Jun 20003657,48329.304.40$43,599
May 20001787,96827.263.68$34,173
Apr 20001928,04424.513.12$29,771
Mar 20003699,49028.422.86$37,626
Feb 20001616,60227.622.73$22,447
Jan 20001788,42325.272.48$25,391
Dec 19991937,94524.282.42$23,943
Nov 19993928,13923.192.43$28,901
Oct 19991948,38020.982.80$27,565
Sep 19991918,17921.752.62$25,574
Aug 19991818,83819.262.88$28,901
Jul 19993799,53517.892.37$29,401
Jun 19991868,77115.942.36$23,683
May 19993539,31815.792.32$27,201
Apr 199919410,01015.102.21$25,032
Mar 19994009,53512.471.84$22,516
Feb 19991948,4339.981.82$17,266
Jan 19993489,64910.381.90$21,945
Dec 19985509,8249.201.77$22,481
Nov 19981959,71010.892.19$23,347
Oct 19981799,94512.421.97$21,807
Sep 19983559,86512.592.08$25,015
Aug 199832810,34811.301.91$23,444
Jul 199834711,06911.742.24$28,838
Jun 199835211,46911.242.24$29,616
May 199852511,68012.622.21$32,396
Apr 199835911,53313.042.51$33,575
Mar 199853813,23212.802.31$37,445
Feb 199854410,64413.952.30$32,061
Jan 19983599,72314.702.15$26,228
Dec 199731110,04716.322.41$29,300
Nov 19973529,61218.193.09$36,087
Oct 199734710,26519.253.15$39,013
Sep 199734411,74517.742.95$40,808
Aug 199755714,89717.862.55$48,006
Jul 199734910,38517.582.25$29,470
Jun 19973519,98917.242.26$28,598
May 19973749,42018.972.31$28,841
Apr 199735311,43517.882.08$30,128
Mar 19971694,21318.951.94$11,372
Feb 19973809,72620.492.21$29,241
Jan 199754911,45823.483.54$53,448
Dec 199633811,45923.32$7,882
Nov 199650810,98521.97$11,161
Oct 199653611,67023.31$12,494
Sep 199634612,00222.22$7,688
Aug 199635111,82120.26$7,111
Jul 199654512,73019.55$10,655
Jun 199636111,45218.73$6,762
May 199654612,30119.43$10,609
Apr 199653312,17621.51$11,465
Mar 199638312,44519.38$7,423
Feb 199656213,54116.98$9,543
Jan 199637011,49817.07$6,316
Dec 199537210,93217.19$6,395
Nov 199574413,96516.00$11,904
Oct 199556114,29015.43$8,656
Sep 199555312,92216.18$8,948
Aug 199536012,52815.92$5,731
Jul 199536713,12215.24$5,593
Jun 199555013,46916.41$9,026
May 199536816,49717.56$6,462
Apr 199574512,67517.73$13,209
Mar 199553814,81416.44$8,845
Feb 199555812,39216.58$9,252
Jan 199555913,94115.92$8,899
Dec 199456015,14615.03$8,417
Nov 199455915,27415.90$8,888
Oct 199472914,93315.58$11,358
Sep 199453314,50015.29$8,150
Aug 199474016,79916.13$11,936
Jul 199454316,71717.56$9,535
Jun 199455117,48917.09$9,417
May 199470419,26415.88$11,180
Apr 199490217,71514.14$12,754
Mar 199472615,50612.46$9,046
Feb 199469918,21612.50$8,738
Jan 199470715,24812.66$8,951
Dec 199349916,76412.33$6,153
Nov 199354921,62714.49$7,955
Oct 19931,40426,48515.85$22,253
Sep 199354716,90915.03$8,221
Aug 199335717,58715.66$5,591
Jul 19931,25425,18115.46$19,387
Jun 199371519,30616.79$12,005
May 199371623,01817.68$12,659
Apr 19931,05723,98218.05$19,079
Mar 19931,08930,22618.14$19,754
Feb 19931,27624,42817.90$22,840
Jan 19931,23228,39616.93$20,858

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                   27 Mcf  × $  3.05 =        $82

────────────────────────────────────────────────────
Month total                                      $82

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/141206 is the state's own key, not one this site invented.