STECH-PETER UNIT

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 142879District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$29 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 Gas111993-11-18127726
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
CondensateDisposition85,030 bbl$2,473,677
GasProduction1,142,378 Mcf$2,773,173
Total$5,246,850

512,069 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 29.9858, -96.8865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.98583, -96.88649 · 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
13,336 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 13,336 ft.

Completions filed
Apr 1992
1 of 1 wells

1 well

42-14932570113,336 ftApr 1992

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 20260490106.413.05$1,492
Apr 2026049298.932.87$1,412
Mar 2026051189.753.15$1,609
Feb 2026044163.503.75$1,654
Jan 2026053759.138.00$4,295
Dec 2025054756.664.41$2,414
Nov 2025052358.593.93$2,054
Oct 20259454059.383.30$7,366
Sep 2025051462.743.08$1,582
Aug 2025054263.933.01$1,634
Jul 2025054966.743.32$1,820
Jun 2025053866.483.13$1,683
May 2025056460.553.23$1,823
Apr 2025050262.363.54$1,779
Mar 2025049467.704.27$2,109
Feb 2025042270.884.34$1,832
Jan 2025047374.324.28$2,024
Dec 2024057868.993.12$1,804
Nov 2024055369.052.20$1,216
Oct 2024053271.372.28$1,214
Sep 2024033969.612.36$802
Aug 2024050275.632.06$1,036
Jul 2024065579.932.15$1,406
Jun 2024047778.082.63$1,256
May 2024066578.812.20$1,462
Apr 2024061684.451.66$1,022
Mar 202401,18980.301.55$1,837
Feb 2024013376.091.78$237
Jan 202418176773.023.30$15,746
Dec 2023076271.262.61$1,989
Nov 2023080177.892.81$2,249
Oct 2023087885.443.09$2,711
Sep 2023080089.042.74$2,188
Aug 2023079680.522.67$2,128
Jul 2023080174.852.64$2,116
Jun 202318077368.962.26$14,159
May 2023081670.622.23$1,818
Apr 2023075478.122.24$1,687
Mar 2023081272.852.39$1,943
Feb 2023076075.112.47$1,874
Jan 202318280676.533.39$16,659
Dec 2022095176.415.73$5,448
Nov 2022084485.005.65$4,765
Oct 202201,00187.185.86$5,870
Sep 2022197584.888.16$8,044
Aug 20221841,03394.529.13$26,820
Jul 20221926101.587.54$7,086
Jun 20220838115.097.98$6,685
May 20220875109.378.43$7,379
Apr 20220891104.226.84$6,092
Mar 2022184995108.885.08$25,085
Feb 2022085391.054.86$4,145
Jan 2022092481.844.54$4,193
Dec 2021087271.323.90$3,400
Nov 2021082977.435.24$4,341
Oct 202119390879.795.71$20,588
Sep 2021081369.865.35$4,350
Aug 202101,05666.024.22$4,457
Jul 202101,06870.783.98$4,253
Jun 2021089369.493.38$3,019
May 202119192163.483.02$14,904
Apr 2021099560.362.76$2,745
Mar 2021099361.302.72$2,698
Feb 2021078457.805.55$4,350
Jan 2021097550.412.81$2,740
Dec 20201561,04844.642.68$9,768
Nov 2020092938.772.71$2,514
Oct 202001,07236.972.48$2,657
Sep 202001,09637.091.99$2,182
Aug 20201741,17339.982.39$9,754
Jul 202001,02038.371.83$1,862
Jun 2020057834.901.69$977
May 202001,03216.921.81$1,873
Apr 202017282914.751.80$4,033
Mar 202001,04230.341.86$1,934
Feb 2020096449.881.98$1,909
Jan 2020098157.252.09$2,055
Dec 201917595359.012.30$12,523
Nov 201901,23455.302.75$3,394
Oct 2019068353.472.42$1,652
Sep 20191611,01255.052.66$11,552
Aug 201901,09253.112.30$2,516
Jul 201901,30656.272.46$3,213
Jun 201901,18052.782.49$2,940
May 20191701,32058.482.74$13,559
Apr 201901,19062.632.75$3,273
Mar 201901,01556.803.06$3,108
Feb 20191551,05650.852.79$10,830
Jan 201901,15046.033.23$3,712
Dec 20181861,15446.594.19$13,496
Nov 201801,16152.934.24$4,919
Oct 201801,11161.443.40$3,775
Sep 201801,11459.543.11$3,462
Aug 20181761,13459.403.07$13,932
Jul 201801,10565.142.93$3,240
Jun 201801,11960.183.08$3,443
May 20181901,15565.382.90$15,773
Apr 201801,11263.842.90$3,226
Mar 201801,19961.222.79$3,341
Feb 20181651,04261.782.77$13,076
Jan 201801,21962.874.01$4,887
Dec 201701,31957.272.92$3,853
Nov 20171951,22755.423.12$14,633
Oct 201701,32949.292.98$3,965
Sep 201701,24147.523.09$3,831
Aug 201701,24345.373.00$3,734
Jul 201701,21543.873.09$3,751
Jun 20171911,07842.493.09$11,444
May 201701,26745.373.26$4,135
Apr 201701,15147.933.21$3,697
Mar 201701,28946.772.98$3,846
Feb 20171891,16150.452.95$12,963
Jan 201701,20649.413.42$4,123
Dec 201601,11348.763.72$4,144
Nov 201601,33542.492.64$3,530
Oct 20161841,40046.193.09$12,825
Sep 201601,34541.553.10$4,170
Aug 201601,39541.442.92$4,079
Jul 201601,40141.622.92$4,097
Jun 20161881,32145.352.69$12,074
May 201601,43642.521.99$2,859
Apr 201601,47136.561.99$2,929
Mar 201601,35133.011.79$2,424
Feb 20161951,29126.472.06$7,826
Jan 201601,41027.352.36$3,334
Dec 201501,51432.362.00$3,030
Nov 20151921,48638.792.17$10,668
Oct 201501,52443.552.43$3,698
Sep 201501,45742.992.76$4,019
Aug 201501,43940.162.87$4,134
Jul 20151811,52448.152.95$13,203
Jun 201501,64256.152.88$4,734
May 20151891,46255.212.96$14,756
Apr 201501,38649.822.71$3,751
Mar 201501,41342.892.93$4,147
Feb 201501,33044.662.98$3,958
Jan 20151881,55943.433.10$12,999
Dec 201401,60154.693.59$5,750
Nov 201401,61170.464.25$6,850
Oct 20141891,59478.303.90$21,017
Sep 201401,51686.164.05$6,133
Aug 201401,59689.394.04$6,440
Jul 20141781,59896.564.18$23,867
Jun 201401,58198.164.74$7,489
May 201401,52894.734.73$7,222
Apr 20141931,64795.944.81$26,437
Mar 201401,69495.895.06$8,566
Feb 201401,51297.406.19$9,362
Jan 20141791,75090.404.86$24,688
Dec 201301,71491.824.35$7,464
Nov 201301,71288.853.74$6,400
Oct 20131741,77197.423.78$23,644
Sep 201301,659104.113.72$6,168
Aug 201301,863104.253.52$6,563
Jul 20131791,722102.523.72$24,753
Jun 201301,76394.403.93$6,935
May 201301,87794.834.15$7,788
Apr 20131841,85993.964.28$25,250
Mar 201301,86093.623.91$7,278
Feb 20131931,73191.233.42$23,527
Jan 201301,89691.603.42$6,484
Dec 201201,90986.773.42$6,529
Nov 20121861,87786.953.62$22,977
Oct 201201,92589.383.40$6,544
Sep 20121821,92994.672.92$22,860
Aug 201201,95992.662.91$5,697
Jul 201201,94785.133.02$5,882
Jun 20121821,95979.822.52$19,462
May 201202,00391.612.49$4,984
Apr 20121931,928101.652.00$23,468
Mar 201201,971105.052.22$4,380
Feb 201201,923101.102.57$4,943
Jan 20121902,02098.092.73$24,160
Dec 201102,05396.873.24$6,651
Nov 20111852,05695.723.31$24,516
Oct 201102,02484.983.65$7,385
Sep 20111872,18783.623.99$24,354
Aug 201103,28883.404.15$13,643
Jul 20111913,32494.144.52$32,996
Jun 201103,15392.904.64$14,630
May 20111932,54298.134.40$30,136
Apr 201102,044105.964.33$8,857
Mar 201101,69296.364.06$6,865
Feb 20111951,48085.644.18$22,886
Jan 201102,17486.504.59$9,976
Dec 20101972,13385.734.35$26,163
Nov 201002,12680.843.80$8,069
Oct 20101932,24978.103.51$22,965
Sep 201002,28572.633.98$9,093
Aug 20101912,35173.684.42$24,463
Jul 201002,21572.554.74$10,491
Jun 20101952,33070.364.91$25,161
May 201002,41371.124.24$10,220
Apr 20101952,41281.694.12$25,873
Mar 201002,48678.394.39$10,910
Feb 20101962,28273.585.44$26,841
Jan 201002,57674.365.96$15,364
Dec 20091972,65371.445.48$28,622
Nov 20091942,65174.593.75$24,416
Oct 200902,82172.544.11$11,595
Sep 20091932,82565.543.06$21,307
Aug 20091912,84467.423.22$22,031
Jul 200902,96861.133.46$10,283
Jun 20091932,97366.163.90$24,349
May 200903,17254.743.93$12,452
Apr 20091933,18046.773.59$20,435
Mar 20091953,47342.144.06$22,314
Feb 20092023,52532.814.63$22,959
Jan 20093954,31335.865.37$37,330
Dec 20081973,69037.105.98$29,364
Nov 20081951,07255.496.86$18,175
Oct 200801,61275.246.92$11,158
Sep 20081942,190101.767.88$36,992
Aug 200801,776114.228.48$15,066
Jul 20081961,713131.0811.39$45,202
Jun 200801,618131.3313.03$21,087
May 20081931,731123.1711.57$43,807
Apr 200801,728110.3110.45$18,066
Mar 20081961,543101.909.66$34,884
Feb 200801,17292.538.77$10,279
Jan 200819790190.388.21$25,198
Dec 200701,15488.337.30$8,426
Nov 200701,11491.677.29$8,123
Oct 20071851,48882.856.92$25,627
Sep 200701,45775.846.24$9,098
Aug 20071841,15969.066.39$20,111
Jul 200701,09570.906.39$6,995
Jun 20071901,04262.007.55$19,645
May 200711,72858.747.85$13,617
Apr 20071931,63959.617.81$24,297
Mar 20071961,73156.927.30$23,796
Feb 200701,63855.108.22$13,458
Jan 20071912,02750.306.73$23,243
Dec 200602,07656.656.92$14,363
Nov 20061862,15454.207.62$26,489
Oct 20061862,17054.906.01$23,261
Sep 20061782,13860.085.04$21,464
Aug 200612,11968.717.34$15,622
Jul 20061732,17869.376.34$25,816
Jun 20061792,02266.286.38$24,772
May 200612,24066.016.42$14,458
Apr 20061652,25364.397.36$27,208
Mar 20061762,36056.707.08$26,695
Feb 20061642,19457.597.75$26,451
Jan 20061772,44660.598.93$32,575
Dec 20051692,45254.9413.42$42,179
Nov 20051732,47554.6910.59$35,668
Oct 20051542,61058.3413.80$44,991
Sep 200512,46961.4512.08$29,885
Aug 20052842,70161.519.80$43,930
Jul 20051732,62555.697.84$30,224
Jun 20051542,41552.337.38$25,884
May 20051782,65045.226.65$25,675
Apr 200502,71749.207.36$19,998
Mar 20053042,80750.377.15$35,396
Feb 20051622,38045.226.31$22,348
Jan 20051782,55743.166.32$23,848
Dec 20041062,45839.866.75$20,819
Nov 20041142,45945.286.33$20,728
Oct 20041442,58349.706.52$23,985
Sep 20041592,80943.245.28$21,718
Aug 20043272,86342.375.55$29,747
Jul 20041373,12338.286.08$24,245
Jun 20041773,09836.106.43$26,319
May 20041743,23337.486.49$27,519
Apr 20043173,11834.475.86$29,194
Mar 20041793,29334.365.53$24,361
Feb 20041823,10732.455.51$23,024
Jan 20043683,29532.036.30$32,544
Dec 20031823,44030.266.30$27,185
Nov 20031783,51828.804.60$21,292
Oct 20033593,64228.174.76$27,448
Sep 20031753,44526.314.75$20,966
Aug 20031843,50929.765.13$23,476
Jul 20033633,66929.415.17$29,648
Jun 20033653,68028.565.98$32,442
May 20033703,62726.595.97$31,501
Apr 20033723,81226.675.41$30,534
Mar 20033694,11931.146.10$36,600
Feb 20033793,74133.487.93$42,340
Jan 20033301,24430.315.58$16,946
Dec 20025254,70726.914.85$36,974
Nov 20025414,69824.664.14$32,777
Oct 20025475,41826.464.23$37,387
Sep 20027286,01627.443.64$41,846
Aug 20027187,29025.963.16$41,706
Jul 20021,2739,42124.583.06$60,135
Jun 20021,82010,05923.733.34$76,768
May 200217611424.663.58$4,749
Apr 2002049023.653.51$1,721
Mar 2002052522.003.10$1,629
Feb 2002043818.222.38$1,041
Jan 2002067317.172.38$1,599
Dec 2001077616.932.36$1,835
Nov 200117379818.072.41$5,046
Oct 2001055419.782.53$1,401
Sep 2001049824.262.25$1,121
Aug 200117479424.873.05$6,752
Jul 2001088623.933.20$2,833
Jun 200117782424.563.82$7,498
May 2001094925.524.31$4,088
Apr 200117780024.685.34$8,637
Mar 200101,07624.545.38$5,785
Feb 200118062627.755.77$8,605
Jan 2001070827.478.40$5,946
Dec 200018462026.889.12$10,602
Nov 2000084632.215.66$4,787
Oct 200017589531.235.15$10,070
Sep 200017896731.875.19$10,688
Aug 200001,05929.644.54$4,809
Jul 2000280828.534.09$3,362
Jun 2000092129.304.40$4,050
May 200001,18527.263.68$4,361
Apr 200001,11224.513.12$3,465
Mar 200001,29428.422.86$3,701
Feb 20001751,03527.622.73$7,655
Jan 200001,07225.272.48$2,659
Dec 19991811,19224.282.42$7,284
Nov 199901,31623.192.43$3,203
Oct 199901,18420.982.80$3,320
Sep 199901,39021.752.62$3,640
Aug 19991861,47619.262.88$7,827
Jul 199901,65717.892.37$3,931
Jun 19991781,79115.942.36$7,068
May 199901,92515.792.32$4,468
Apr 19991751,78215.102.21$6,577
Mar 19991782,12112.471.84$6,119
Feb 19991802,0019.981.82$5,434
Jan 19991812,34510.381.90$6,334
Dec 19983602,2059.201.77$7,222
Nov 19981752,29810.892.19$6,929
Oct 19981752,43812.421.97$6,974
Sep 19981742,61312.592.08$7,633
Aug 19983442,77611.301.91$9,182
Jul 19981762,33511.742.24$7,290
Jun 19983562,74611.242.24$10,145
May 19981782,81312.622.21$8,453
Apr 19983622,84713.042.51$11,853
Mar 19981813,25212.802.31$9,827
Feb 19983632,92213.952.30$11,782
Jan 19983573,24814.702.15$12,247
Dec 19973603,27116.322.41$13,762
Nov 19971813,32518.193.09$13,561
Oct 19973683,47119.253.15$18,017
Sep 19973572,94317.742.95$15,029
Aug 19973623,30017.862.55$14,896
Jul 19973573,37917.582.25$13,868
Jun 19973683,53317.242.26$14,319
May 19973633,72018.972.31$15,474
Apr 19973524,00917.882.08$14,644
Mar 19975614,07918.951.94$18,541
Feb 19975473,66320.492.21$19,288
Jan 19973643,83423.483.54$22,118
Dec 19963633,70023.32$8,465
Nov 19965353,70721.97$11,754
Oct 19963684,02023.31$8,578
Sep 19963454,10122.22$7,666
Aug 19963574,25620.26$7,233
Jul 19963574,30719.55$6,979
Jun 19963544,12918.73$6,630
May 19963574,46919.43$6,937
Apr 19963664,27921.51$7,873
Mar 19965494,60219.38$10,640
Feb 19965564,47516.98$9,441
Jan 19965634,20817.07$9,610
Dec 19953695,00917.19$6,343
Nov 19955395,01816.00$8,624
Oct 19955395,35615.43$8,317
Sep 19953525,32816.18$5,695
Aug 19953595,63615.92$5,715
Jul 19955435,83315.24$8,275
Jun 19955455,54516.41$8,943
May 19953655,79917.56$6,409
Apr 19955465,63617.73$9,681
Mar 19955506,24116.44$9,042
Feb 19955495,83016.58$9,102
Jan 19955606,81415.92$8,915
Dec 19947156,71015.03$10,746
Nov 19945536,25715.90$8,793
Oct 19945327,18215.58$8,289
Sep 19945406,68215.29$8,257
Aug 19947268,21016.13$11,710
Jul 19945538,65317.56$9,711
Jun 19947299,13117.09$12,459
May 199472110,00015.88$11,449
Apr 199490210,10714.14$12,754
Mar 199492011,09412.46$11,463
Feb 199491010,17212.50$11,375
Jan 199491311,53912.66$11,559
Dec 19931,09012,45012.33$13,440
Nov 199372612,84514.49$10,520
Oct 19931,43914,93415.85$22,808
Sep 199390615,81715.03$13,617
Aug 19931,60721,51915.66$25,166
Jul 19931,77121,18715.46$27,380
Jun 19931,60520,38316.79$26,948
May 19932,16728,12517.68$38,313
Apr 19932,51729,88518.05$45,432
Mar 19932,87134,89518.14$52,080
Feb 19933,32134,02117.90$59,446
Jan 19934,81741,97316.93$81,552

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                  490 Mcf  × $  3.05 =     $1,492

────────────────────────────────────────────────────
Month total                                   $1,492

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/142879 is the state's own key, not one this site invented.