EAST LEDBETTER 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 143618District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$49 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 Gas221994-12-28 – 2003-06-132 dockets
NGPA2none

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
CondensateDisposition245,319 bbl$7,354,400
GasProduction2,186,179 Mcf$4,540,870
Total$11,895,270

1,039,436 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 30.1542, -96.7390. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.15418, -96.73903 · 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
10,448 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 10,448 ft.

Completions filed
Aug 1992
1 of 1 wells

1 well

42-14932634110,448 ftAug 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202508259.383.30$271
Sep 2025036362.743.08$1,117
Aug 20250063.933.01$0
Jul 20251871,12666.743.32$16,213
Jun 20253831,83766.483.13$31,209
May 20253741,58460.553.23$27,766
Apr 20251881,22862.363.54$16,075
Mar 20250067.704.27$0
Feb 202503770.884.34$161
Jan 20250074.324.28$0
Dec 202417847868.993.12$13,772
Nov 20241941,39669.052.20$16,465
Oct 20241741,41171.372.28$15,637
Sep 20241861,33169.612.36$16,094
Aug 20241881,38775.632.06$17,081
Jul 20243852,36079.932.15$35,839
Jun 20243812,77778.082.63$37,063
May 20243832,89478.812.20$36,547
Apr 20245602,85384.451.66$52,026
Mar 20243843,08680.301.55$35,603
Feb 20241891,42376.091.78$16,919
Jan 20243841,99173.023.30$34,605
Dec 20233712,14871.262.61$32,045
Nov 20233802,29277.892.81$36,033
Oct 20233862,42685.443.09$40,470
Sep 20231862,27089.042.74$22,770
Aug 20235692,38480.522.67$52,188
Jul 20233842,71074.852.64$35,902
Jun 20233872,99768.962.26$33,456
May 20235682,85670.622.23$46,474
Apr 20233912,76478.122.24$36,730
Mar 20235732,80672.852.39$48,458
Feb 20233752,42375.112.47$34,141
Jan 20235742,73276.533.39$53,183
Dec 2022441776.415.73$2,695
Nov 20220085.005.65$0
Oct 20220287.185.86$12
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022030115.097.98$239
May 202200109.378.43$0
Apr 20221924104.226.84$20,038
Mar 2022193769108.885.08$24,918
Feb 202219456191.054.86$20,390
Jan 20221871,31581.844.54$21,271
Dec 202118072671.323.90$15,668
Nov 20211961,35677.435.24$22,277
Oct 20211881,04379.795.71$20,960
Sep 202119394169.865.35$18,518
Aug 20211891,00366.024.22$16,711
Jul 20211821,19370.783.98$17,633
Jun 20211891,79269.493.38$19,192
May 20211801,78363.483.02$16,807
Apr 20211921,73260.362.76$16,367
Mar 20211881,71161.302.72$16,173
Feb 20213881,18857.805.55$29,017
Jan 20211801,52450.412.81$13,357
Dec 202001,32344.642.68$3,540
Nov 20201661,30538.772.71$9,968
Oct 20203701,42036.972.48$17,198
Sep 202001,25237.091.99$2,493
Aug 20201901,39539.982.39$10,923
Jul 20201781,51038.371.83$9,586
Jun 20201881,23834.901.69$8,654
May 20201881,57516.921.81$6,039
Apr 20201671,57814.751.80$5,311
Mar 20203671,71630.341.86$14,320
Feb 20201913,23149.881.98$15,927
Jan 2020087057.252.09$1,822
Dec 201917486259.012.30$12,254
Nov 20191851,45055.302.75$14,219
Oct 20191701,46253.472.42$12,626
Sep 20191641,48955.052.66$12,985
Aug 20191641,43453.112.30$12,014
Jul 20191761,39256.272.46$13,328
Jun 20191781,32552.782.49$12,696
May 20191741,41558.482.74$14,053
Apr 20191861,38862.632.75$15,467
Mar 20191811,46356.803.06$14,761
Feb 20191831,41350.852.79$13,251
Jan 20191831,49746.033.23$13,256
Dec 20181881,52546.594.19$15,142
Nov 20181811,70652.934.24$16,809
Oct 20181761,55961.443.40$16,111
Sep 20181731,54559.543.11$15,102
Aug 20181801,61859.403.07$15,654
Jul 20181681,62165.142.93$15,696
Jun 20183651,55860.183.08$26,760
May 20181771,64065.382.90$16,330
Apr 20181731,59363.842.90$15,665
Mar 20181911,77061.222.79$16,626
Feb 20181921,42761.782.77$15,809
Jan 20181801,58662.874.01$17,675
Dec 20171931,71257.272.92$16,055
Nov 20171941,42055.423.12$15,180
Oct 20171941,60749.292.98$14,357
Sep 20171841,53147.523.09$13,470
Aug 20171861,58845.373.00$13,210
Jul 20171841,54843.873.09$12,851
Jun 20171891,53642.493.09$12,773
May 20171931,59545.373.26$13,962
Apr 20171921,55747.933.21$14,203
Mar 20173811,63046.772.98$22,683
Feb 20171921,52450.452.95$14,186
Jan 20171861,72549.413.42$15,088
Dec 20161921,38248.763.72$14,507
Nov 20163831,56542.492.64$20,412
Oct 20163872,25246.193.09$24,835
Sep 20161881,95241.553.10$13,864
Aug 20161811,64641.442.92$12,314
Jul 20161901,43741.622.92$12,110
Jun 20161881,27445.352.69$11,948
May 20161921,33242.521.99$10,816
Apr 20161841,33536.561.99$9,385
Mar 20161911,32733.011.79$8,686
Feb 20161861,48426.472.06$7,986
Jan 20161811,59127.352.36$8,712
Dec 20151881,38132.362.00$8,848
Nov 20151871,35738.792.17$10,195
Oct 20151851,31043.552.43$11,236
Sep 20151901,28742.992.76$11,718
Aug 20151911,30740.162.87$11,425
Jul 20151921,47448.152.95$13,586
Jun 20151871,67356.152.88$15,323
May 20151891,53055.212.96$14,957
Apr 20151941,34349.822.71$13,300
Mar 20151921,04142.892.93$11,290
Feb 20151871,29144.662.98$12,194
Jan 20151921,33543.433.10$12,478
Dec 20143781,35254.693.59$25,528
Nov 20141951,05470.464.25$18,221
Oct 20141911,20378.303.90$19,648
Sep 20141871,30386.164.05$21,383
Aug 20141921,44489.394.04$22,990
Jul 20141931,69596.564.18$25,721
Jun 20141921,75798.164.74$27,169
May 20141942,00694.734.73$27,859
Apr 20143831,81995.944.81$45,493
Mar 20141981,92695.895.06$28,726
Feb 20141961,72597.406.19$29,772
Jan 20141911,95390.404.86$26,759
Dec 20133921,98991.824.35$44,655
Nov 20131841,81288.853.74$23,122
Oct 20133762,01697.423.78$44,249
Sep 20131891,981104.113.72$27,042
Aug 20131942,409104.253.52$28,710
Jul 20133712,360102.523.72$46,809
Jun 20131781,99594.403.93$24,650
May 20131902,08794.834.15$26,677
Apr 20133791,99693.964.28$44,159
Mar 20131931,96393.623.91$25,750
Feb 20131921,42991.233.42$22,403
Jan 20131952,05591.603.42$24,890
Dec 20121822,08786.773.42$22,930
Nov 20121922,06486.953.62$24,176
Oct 20121912,11389.383.40$24,255
Sep 20121852,16494.672.92$23,829
Aug 20121812,28392.662.91$23,411
Jul 20121802,38685.133.02$22,531
Jun 20121932,26879.822.52$21,118
May 20121932,05091.612.49$22,782
Apr 20121921,798101.652.00$23,107
Mar 20121922,237105.052.22$25,140
Feb 20121911,693101.102.57$23,662
Jan 20121981,73598.092.73$24,165
Dec 20111871,85196.873.24$24,111
Nov 20111951,85795.723.31$24,814
Oct 20111942,10184.983.65$24,152
Sep 20111942,20583.623.99$25,011
Aug 20111902,14283.404.15$24,734
Jul 20111912,05194.144.52$27,246
Jun 201101,99192.904.64$9,238
May 20111921,93198.134.40$27,347
Apr 20111922,225105.964.33$29,986
Mar 20111932,04296.364.06$26,883
Feb 20111941,97485.644.18$24,865
Jan 20113922,02886.504.59$43,214
Dec 201002,14385.734.35$9,317
Nov 20103872,14780.843.80$39,434
Oct 20101902,19078.103.51$22,523
Sep 20101932,15972.633.98$22,609
Aug 20101922,31373.684.42$24,369
Jul 20101932,17272.554.74$24,290
Jun 20101922,04270.364.91$23,536
May 20101902,28471.124.24$23,186
Apr 20101942,26081.694.12$25,165
Mar 20101962,35078.394.39$25,678
Feb 20101952,11273.585.44$25,842
Jan 20103932,48174.365.96$44,020
Dec 20091932,53571.445.48$27,689
Nov 20091942,19974.593.75$22,720
Oct 20091952,40772.544.11$24,039
Sep 20093862,37965.543.06$32,589
Aug 20091922,40767.423.22$20,692
Jul 20091922,47761.133.46$20,319
Jun 20091922,42666.163.90$22,152
May 20091952,49954.743.93$20,485
Apr 20093912,42746.773.59$26,994
Mar 20091962,46842.144.06$18,277
Feb 20092012,20432.814.63$16,806
Jan 20091952,52435.865.37$20,549
Dec 20081962,52637.105.98$22,370
Nov 20083922,58455.496.86$39,479
Oct 20081922,79575.246.92$33,793
Sep 20081952,511101.767.88$39,623
Aug 20081942,633114.228.48$44,494
Jul 20081942,716131.0811.39$56,363
Jun 20085822,635131.3313.03$110,775
May 20081952,687123.1711.57$55,118
Apr 20081952,641110.3110.45$49,122
Mar 20083892,684101.909.66$65,577
Feb 20081952,71992.538.77$41,891
Jan 20083952,77490.388.21$58,463
Dec 20071952,85788.337.30$38,086
Nov 20071962,74491.677.29$37,976
Oct 20071912,83682.856.92$35,455
Sep 20073832,78075.846.24$46,405
Aug 20071922,96069.066.39$32,168
Jul 20071942,86770.906.39$32,069
Jun 20073843,07962.007.55$47,050
May 20071963,58058.747.85$39,603
Apr 20071931,95459.617.81$26,756
Mar 20073883,05156.927.30$44,363
Feb 20071972,81455.108.22$33,975
Jan 20073943,13050.306.73$40,873
Dec 20061953,22356.656.92$33,345
Nov 20061953,07554.207.62$33,993
Oct 20063683,19154.906.01$39,393
Sep 20061813,21460.085.04$27,064
Aug 20063793,35568.717.34$50,667
Jul 20063763,38169.376.34$47,528
Jun 20061893,35366.286.38$33,932
May 20063753,89866.016.42$49,798
Apr 20063654,16064.397.36$54,122
Mar 20061762,77356.707.08$29,620
Feb 20063602,81257.597.75$42,529
Jan 20063593,04160.598.93$48,918
Dec 20053293,11154.9413.42$59,811
Nov 20053683,08554.6910.59$52,791
Oct 20053603,59558.3413.80$70,598
Sep 20051552,60861.4512.08$41,027
Aug 20054413,35261.519.80$59,965
Jul 20053203,03055.697.84$41,587
Jun 20053183,05552.337.38$39,190
May 20053633,24745.226.65$38,011
Apr 20053483,21149.207.36$40,756
Mar 20053253,34450.377.15$40,296
Feb 20053023,07845.226.31$33,085
Jan 20054303,50643.166.32$40,724
Dec 20043383,52339.866.75$37,257
Nov 20044022,57145.286.33$34,478
Oct 20043313,59149.706.52$39,846
Sep 20043383,50343.245.28$33,125
Aug 20043303,63242.375.55$34,142
Jul 20043303,68938.286.08$35,077
Jun 20045493,73036.106.43$43,814
May 20041903,97837.486.49$32,957
Apr 20043752,88234.475.86$29,810
Mar 20045503,27234.365.53$36,993
Feb 20041963,14832.455.51$23,704
Jan 20045783,44932.036.30$40,241
Dec 20033733,68930.266.30$34,534
Nov 20033793,43528.804.60$26,700
Oct 20033594,02328.174.76$29,261
Sep 20035683,90726.314.75$33,500
Aug 20033914,31529.765.13$33,771
Jul 20035734,38329.415.17$39,516
Jun 20033544,66528.565.98$38,021
May 20033732,94426.595.97$27,502
Apr 200318340826.675.41$7,087
Mar 20033412,13931.146.10$23,658
Feb 20037375,06933.487.93$64,851
Jan 20037451,95930.315.58$33,516
Dec 20023715,38426.914.85$36,116
Nov 20027045,36624.664.14$39,560
Oct 20027315,67926.464.23$43,359
Sep 20025335,67627.443.64$35,259
Aug 20025526,70625.963.16$35,549
Jul 20025135,51024.583.06$29,480
Jun 20023653,04623.733.34$18,830
May 20026885,95524.663.58$38,309
Apr 20027335,83823.653.51$37,840
Mar 20025476,14622.003.10$31,103
Feb 20025565,73218.222.38$23,748
Jan 20027296,01017.172.38$26,795
Dec 20017386,36216.932.36$27,537
Nov 20015596,32218.072.41$25,309
Oct 20016896,38319.782.53$29,770
Sep 20017126,15924.262.25$31,139
Aug 20019166,39124.873.05$42,294
Jul 20015396,73023.933.20$34,415
Jun 20017326,67024.563.82$43,485
May 20017346,75825.524.31$47,841
Apr 20017296,64024.685.34$53,418
Mar 20019287,51124.545.38$63,156
Feb 20015566,60427.755.77$53,515
Jan 20019127,62927.478.40$89,127
Dec 20009407,25426.889.12$91,442
Nov 20009547,45132.215.66$72,886
Oct 20007567,97331.235.15$64,635
Sep 20007607,94131.875.19$65,407
Aug 20009338,27429.644.54$65,224
Jul 20001,1069,03628.534.09$68,509
Jun 20001,2928,80629.304.40$76,578
May 20007919,12427.263.68$55,137
Apr 20001,14110,28424.513.12$60,011
Mar 20001,19011,56428.422.86$66,890
Feb 20005504,12927.622.73$26,449
Jan 20005947,49225.272.48$33,594
Dec 199977064224.282.42$20,252
Nov 19995598,24623.192.43$33,034
Oct 19998708,01720.982.80$40,730
Sep 19993675,18421.752.62$21,558
Aug 19997587,60119.262.88$36,457
Jul 19997837,68817.892.37$32,247
Jun 19995667,94515.942.36$27,789
May 19997988,39215.792.32$32,078
Apr 19998248,05515.102.21$30,228
Mar 19997778,69212.471.84$25,668
Feb 19997097,9979.981.82$21,613
Jan 19999018,91910.381.90$26,298
Dec 19989999,0959.201.77$25,319
Nov 19989959,09110.892.19$30,706
Oct 19987229,72412.421.97$28,116
Sep 19989267,04012.592.08$26,320
Aug 199855810,21511.301.91$25,789
Jul 199895010,65611.742.24$34,993
Jun 199896110,21611.242.24$33,658
May 199898310,99512.622.21$36,664
Apr 19981,16510,75513.042.51$42,136
Mar 199893311,46912.802.31$38,429
Feb 199879510,41113.952.30$35,026
Jan 19981,54912,02014.702.15$48,671
Dec 199796512,75516.322.41$46,502
Nov 19971,18211,57318.193.09$57,241
Oct 199797011,98719.253.15$56,429
Sep 19971,33713,16117.742.95$62,608
Aug 19971,36413,97517.862.55$60,064
Jul 19979679,97417.582.25$39,411
Jun 19971,14810,58917.242.26$43,693
May 19971,47311,42018.972.31$54,306
Apr 19971,54211,57317.882.08$51,675
Mar 19971,72711,20518.951.94$54,455
Feb 19972,3558,54020.492.21$67,092
Jan 199702,45023.483.54$8,672
Dec 19969165,15123.32$21,361
Nov 19961,57510,78721.97$34,603
Oct 19961,96317,25623.31$45,758
Sep 199677311,25122.22$17,176
Aug 19961,15713,95520.26$23,441
Jul 19961,69617,88319.55$33,157
Jun 19962,05222,49118.73$38,434
May 19961942,48819.43$3,769
Apr 19967726,59321.51$16,606
Mar 19967898,80919.38$15,291
Feb 199696412,04016.98$16,369
Jan 19961,39116,52817.07$23,744
Dec 19951,97319,04517.19$33,916
Nov 19951,37317,96716.00$21,968
Oct 19951,74922,80915.43$26,987
Sep 19951,35418,28816.18$21,908
Aug 19951,50419,00015.92$23,944
Jul 19952,07227,37615.24$31,577
Jun 19952,80435,85016.41$46,014
May 199509617.56$0
Apr 19953102,07017.73$5,496
Mar 19951,29817,00516.44$21,339
Feb 19958837,88816.58$14,640
Jan 19951,51718,44415.92$24,151
Dec 19942,03923,31215.03$30,646
Nov 19941,66223,46015.90$26,426
Oct 19941,87920,11615.58$29,275
Sep 19941,88916,45615.29$28,883
Aug 19942,03813,02516.13$32,873
Jul 19942,18715,46417.56$38,404
Jun 19942,50916,18917.09$42,879
May 19942,70317,65415.88$42,924
Apr 19942,70720,16214.14$38,277
Mar 19943,45623,20212.46$43,062
Feb 19943,47727,15112.50$43,463
Jan 19944,16330,54712.66$52,704
Dec 19936,78033,67712.33$83,597
Nov 19934,33238,17914.49$62,771
Oct 19934,98048,33815.85$78,933
Sep 19935,87950,37715.03$88,361
Aug 19938,51462,86815.66$133,329
Jul 19931,63011,50315.46$25,200
Jun 19932,74624,05116.79$46,105
May 19932,95326,13317.68$52,209
Apr 19933,30629,18918.05$59,673
Mar 19934,20032,67518.14$76,188
Feb 19934,24839,52217.90$76,039
Jan 19935,59245,11616.93$94,673

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.

Oct 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.38 =         $0
Gas                   82 Mcf  × $  3.30 =       $271

────────────────────────────────────────────────────
Month total                                     $271

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/143618 is the state's own key, not one this site invented.