MCCULLOUGH-OLDEN 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 146491District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Apr 1993 – Feb 2025
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
383
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 Gas111994-10-27130752
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
CondensateDisposition188,746 bbl$3,950,390
GasProduction1,723,067 Mcf$2,537,538
Total$6,487,928

1,131,285 Mcf of this lease's gas, across 44 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 30.5801, -96.2353. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.58011, -96.23533 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
14,384 ft
1 wells filed one
Completion to plug
28.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 14,384 ft.

Completions filed
Sep 1996
1 of 1 wells
Plug dates filed
Nov 2024
1 of 1 wells

Last completion to plug: a median of 28.2 years across the 1 well that filed both dates, with the middle half between 28.2 years and 28.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04131700114,384 ftSep 1996Nov 2024Yes

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 (383)

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

383 months

Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024122068.993.12$8,417
Nov 20240369.052.20$7
Oct 2024011371.372.28$258
Sep 2024048369.612.36$1,142
Aug 2024731675.632.06$1,182
Jul 202414779.932.15$181
Jun 2024034678.082.63$911
May 202418643878.812.20$15,622
Apr 2024037984.451.66$629
Mar 20246545780.301.55$5,926
Feb 2024044976.091.78$801
Jan 2024039573.023.30$1,303
Dec 2023046571.262.61$1,214
Nov 2023038677.892.81$1,084
Oct 2023029585.443.09$911
Sep 202318331489.042.74$17,153
Aug 2023031180.522.67$831
Jul 2023440674.852.64$1,372
Jun 2023037968.962.26$856
May 2023045770.622.23$1,018
Apr 2023040478.122.24$904
Mar 2023443972.852.39$1,342
Feb 202318050775.112.47$14,770
Jan 2023037876.533.39$1,281
Dec 2022435076.415.73$2,311
Nov 2022049085.005.65$2,767
Oct 2022030687.185.86$1,794
Sep 2022044784.888.16$3,649
Aug 2022046894.529.13$4,272
Jul 20220377101.587.54$2,843
Jun 2022193364115.097.98$25,116
May 20220153109.378.43$1,290
Apr 20221445104.226.84$3,147
Mar 20220399108.885.08$2,025
Feb 2022138991.054.86$1,981
Jan 202216637281.844.54$15,273
Dec 2021237171.323.90$1,589
Nov 2021144077.435.24$2,382
Oct 2021146979.795.71$2,760
Sep 2021153469.865.35$2,927
Aug 202118792866.024.22$16,262
Jul 2021019870.783.98$788
Jun 2021050769.493.38$1,714
May 2021025763.483.02$776
Apr 2021018760.362.76$516
Mar 202119044361.302.72$12,851
Feb 2021041357.805.55$2,291
Jan 2021047350.412.81$1,329
Dec 2020039444.642.68$1,054
Nov 2020039338.772.71$1,064
Oct 2020046836.972.48$1,160
Sep 202019136337.091.99$7,807
Aug 2020536539.982.39$1,070
Jul 2020034038.371.83$621
Jun 2020039434.901.69$666
May 2020035916.921.81$652
Apr 2020137214.751.80$686
Mar 202018638930.341.86$6,365
Feb 2020044849.881.98$887
Jan 2020051157.252.09$1,070
Dec 2019017159.012.30$394
Nov 2019045755.302.75$1,257
Oct 2019043453.472.42$1,050
Sep 201918946355.052.66$11,635
Aug 2019049653.112.30$1,143
Jul 2019044456.272.46$1,092
Jun 2019044952.782.49$1,119
May 2019042058.482.74$1,151
Apr 20192742262.632.75$2,852
Mar 2019053556.803.06$1,638
Feb 2019046150.852.79$1,287
Jan 201918549346.033.23$10,107
Dec 2018046846.594.19$1,959
Nov 2018040552.934.24$1,716
Oct 2018059661.443.40$2,025
Sep 2018054059.543.11$1,678
Aug 2018053959.403.07$1,653
Jul 201818745565.142.93$13,515
Jun 2018058260.183.08$1,791
May 2018080965.382.90$2,347
Apr 201818996763.842.90$14,871
Mar 2018064161.222.79$1,786
Feb 2018037961.782.77$1,048
Jan 201818842762.874.01$13,532
Dec 2017051657.272.92$1,508
Nov 2017049255.423.12$1,534
Oct 2017055549.292.98$1,656
Sep 2017058147.523.09$1,794
Aug 2017047745.373.00$1,433
Jul 2017049443.873.09$1,525
Jun 201719051742.493.09$9,669
May 2017056145.373.26$1,831
Apr 2017056547.933.21$1,815
Mar 2017062146.772.98$1,853
Feb 2017043850.452.95$1,293
Jan 201719582749.413.42$12,462
Dec 2016012348.763.72$458
Nov 2016071542.492.64$1,891
Oct 2016021146.193.09$652
Sep 2016044241.553.10$1,370
Aug 2016049441.442.92$1,445
Jul 201618836741.622.92$8,898
Jun 201609645.352.69$258
May 2016032442.521.99$645
Apr 20161645636.561.99$1,493
Mar 2016055033.011.79$987
Feb 2016049226.472.06$1,015
Jan 2016064927.352.36$1,534
Dec 2015065232.362.00$1,305
Nov 20151741,11938.792.17$9,175
Oct 2015073643.552.43$1,786
Sep 2015069542.992.76$1,917
Aug 2015074640.162.87$2,143
Jul 2015079648.152.95$2,344
Jun 2015086356.152.88$2,488
May 201519365355.212.96$12,585
Apr 2015070549.822.71$1,908
Mar 2015081942.892.93$2,404
Feb 2015085144.662.98$2,533
Jan 2015093243.433.10$2,890
Dec 2014094454.693.59$3,390
Nov 201418599070.464.25$17,244
Oct 2014094878.303.90$3,698
Sep 2014085186.164.05$3,443
Aug 2014095189.394.04$3,837
Jul 2014090896.564.18$3,795
Jun 20141851,04598.164.74$23,110
May 2014089794.734.73$4,240
Apr 2014098195.944.81$4,718
Mar 2014094195.895.06$4,758
Feb 201401,06197.406.19$6,570
Jan 20141911,08490.404.86$22,535
Dec 201301,04391.824.35$4,542
Nov 201301,00188.853.74$3,742
Oct 201301,05097.423.78$3,968
Sep 201301,161104.113.72$4,316
Aug 2013116998104.253.52$15,609
Jul 201301,232102.523.72$4,580
Jun 2013050494.403.93$1,982
May 20131941,16994.834.15$23,247
Apr 201301,11893.964.28$4,788
Mar 201301,33393.623.91$5,216
Feb 201301,07991.233.42$3,690
Jan 20131951,24591.603.42$22,120
Dec 201201,33086.773.42$4,549
Nov 201201,35786.953.62$4,919
Oct 201201,58889.383.40$5,399
Sep 20121802,11894.672.92$23,222
Aug 2012042792.662.91$1,242
Jul 20121801,44485.133.02$19,685
Jun 201201,37679.822.52$3,466
May 20121911,49291.612.49$21,210
Apr 201201,646101.652.00$3,287
Mar 20121971,701105.052.22$24,475
Feb 201201,854101.102.57$4,765
Jan 20121961,96098.092.73$24,584
Dec 20111942,45096.873.24$26,730
Nov 20111962,09795.723.31$25,705
Oct 20111891,42484.983.65$21,257
Sep 201102,07783.623.99$8,279
Aug 201101,66783.404.15$6,917
Jul 2011039194.144.52$1,766
Jun 2011037992.904.64$1,759
May 2011039298.134.40$1,727
Apr 20110378105.964.33$1,638
Mar 2011039496.364.06$1,599
Feb 201119256685.644.18$18,809
Jan 201101,97886.504.59$9,077
Dec 20101951,71585.734.35$24,174
Nov 201001,73280.843.80$6,574
Oct 20101941,74978.103.51$21,288
Sep 201001,79572.633.98$7,143
Aug 20101922,10673.684.42$23,454
Jul 201001,37672.554.74$6,517
Jun 201001,73870.364.91$8,534
May 20101971,85871.124.24$21,880
Apr 201002,11381.694.12$8,711
Mar 20101942,26578.394.39$25,148
Feb 201002,45673.585.44$13,366
Jan 20101972,43874.365.96$29,189
Dec 20091973,00471.445.48$30,547
Nov 200903,16774.593.75$11,881
Oct 20093884,68672.544.11$47,406
Sep 20091932,58465.543.06$20,569
Aug 200901,11267.423.22$3,579
Jul 200901,53061.133.46$5,301
Jun 20091921,46666.163.90$18,413
May 200901,49854.743.93$5,881
Apr 200901,49846.773.59$5,374
Mar 20092001,54542.144.06$14,699
Feb 200901,07232.814.63$4,967
Jan 20091821,02335.865.37$12,021
Dec 2008093337.105.98$5,577
Nov 20081831,33655.496.86$19,320
Oct 200801,41175.246.92$9,767
Sep 200801,108101.767.88$8,728
Aug 20081821,555114.228.48$33,979
Jul 200801,597131.0811.39$18,189
Jun 20081831,497131.3313.03$43,543
May 200801,585123.1711.57$18,345
Apr 20081821,519110.3110.45$35,957
Mar 200801,837101.909.66$17,753
Feb 20081821,65792.538.77$31,373
Jan 200801,83990.388.21$15,090
Dec 20071842,13788.337.30$31,857
Nov 200701,52691.677.29$11,127
Oct 20071822,16882.856.92$30,086
Sep 200702,06875.846.24$12,913
Aug 20071811,37069.066.39$21,251
Jul 20071801,59470.906.39$22,944
Jun 200701,47162.007.55$11,104
May 20071922,52958.747.85$31,121
Apr 200702,10259.617.81$16,407
Mar 20071742,90656.927.30$31,124
Feb 200702,91155.108.22$23,917
Jan 20071862,31850.306.73$24,949
Dec 20061841,81856.656.92$23,001
Nov 200612,59554.207.62$19,822
Oct 20061802,25054.906.01$23,413
Sep 20061782,78760.085.04$24,733
Aug 200602,91168.717.34$21,367
Jul 20061632,57669.376.34$27,646
Jun 20061832,48766.286.38$28,006
May 200612,54966.016.42$16,443
Apr 20061802,35064.397.36$28,887
Mar 20061862,36056.707.08$27,262
Feb 20061832,28357.597.75$28,235
Jan 200602,40360.598.93$21,467
Dec 200511,03254.9413.42$13,900
Nov 200502,48154.6910.59$26,270
Oct 20051862,73758.3413.80$48,610
Sep 200511,30861.4512.08$15,861
Aug 20051722,35861.519.80$33,681
Jul 20051682,63655.697.84$30,032
Jun 20051812,48752.337.38$27,828
May 200522,85545.226.65$19,080
Apr 20051732,61649.207.36$27,767
Mar 20051832,68450.377.15$28,421
Feb 20051832,17545.226.31$22,004
Jan 20053703,05843.166.32$35,302
Dec 200422,88739.866.75$19,570
Nov 20043723,65345.286.33$39,969
Oct 20042013,86349.706.52$35,158
Sep 20043745,24343.245.28$43,875
Aug 20043676,53042.375.55$51,796
Jul 20041876,17638.286.08$44,734
Jun 20043715,02536.106.43$45,719
May 20043794,90037.486.49$46,028
Apr 20043693,79834.475.86$34,970
Mar 20042021,99334.365.53$17,962
Feb 20041811,10032.455.51$11,934
Jan 200491,20432.036.30$7,873
Dec 20033881,33430.266.30$20,147
Nov 200381,92428.804.60$9,071
Oct 20031842,34528.174.76$16,345
Sep 20031841,18426.314.75$10,464
Aug 20032022,14729.765.13$17,025
Jul 200331,57429.415.17$8,227
Jun 20031871,88228.565.98$16,601
May 20031891,45126.595.97$13,692
Apr 20031961,66926.675.41$14,252
Mar 20033981,80831.146.10$23,415
Feb 200381,17833.487.93$9,605
Jan 20031911,98330.315.58$16,858
Dec 20021841,73726.914.85$13,382
Nov 20021871,81324.664.14$12,112
Oct 20021681,92326.464.23$12,578
Sep 20021711,62027.443.64$10,581
Aug 20021932,06025.963.16$11,528
Jul 20022062,17724.583.06$11,729
Jun 20023622,08123.733.34$15,537
May 20023582,25524.663.58$16,910
Apr 200201,93223.653.51$6,786
Mar 20021822,27922.003.10$11,075
Feb 200201,46518.222.38$3,480
Jan 200218262517.172.38$4,610
Dec 20011761,47716.932.36$6,472
Nov 20013421,76618.072.41$10,428
Oct 20011801,88319.782.53$8,322
Sep 20011662,11024.262.25$8,777
Aug 20013212,22924.873.05$14,789
Jul 20011541,97323.933.20$9,993
Jun 20011701,63824.563.82$10,439
May 20013322,37125.524.31$18,685
Apr 20011782,60824.685.34$18,308
Mar 20011812,58324.545.38$18,329
Feb 20011592,15527.755.77$16,840
Jan 20013632,45527.478.40$30,591
Dec 20003402,87826.889.12$35,394
Nov 20003352,48232.215.66$24,834
Oct 20001742,25631.235.15$17,042
Sep 20001642,61731.875.19$18,800
Aug 20003292,71029.644.54$22,057
Jul 20001763,11828.534.09$17,773
Jun 20003542,83829.304.40$22,852
May 20003513,01427.263.68$20,659
Apr 20003672,86924.513.12$17,935
Mar 200003,38228.422.86$9,672
Feb 20003552,39927.622.73$16,346
Jan 20003602,78625.272.48$16,008
Dec 19997133,07624.282.42$24,767
Nov 19993532,68023.192.43$14,709
Oct 19993623,41020.982.80$17,155
Sep 1999013421.752.62$351
Aug 19993233,36219.262.88$15,889
Jul 19993573,70617.892.37$15,179
Jun 19993542,99815.942.36$12,724
May 199903,18815.792.32$7,399
Apr 19993643,50915.102.21$13,244
Mar 19991822,48612.471.84$6,840
Feb 19993602,1169.981.82$7,439
Jan 19991853,38310.381.90$8,348
Dec 19983753,2919.201.77$9,286
Nov 19983624,44610.892.19$13,660
Oct 19981814,61612.421.97$11,338
Sep 19983583,80312.592.08$12,427
Aug 19983524,29611.301.91$12,172
Jul 19985085,39511.742.24$18,034
Jun 19983534,19411.242.24$13,351
May 19983543,96512.622.21$13,216
Apr 19985264,12213.042.51$17,186
Mar 19985525,23612.802.31$19,158
Feb 19983765,43813.952.30$17,748
Jan 19983605,70514.702.15$17,585
Dec 19975036,05316.322.41$22,803
Nov 19977155,44418.193.09$29,818
Oct 19973666,48319.253.15$27,466
Sep 19973416,76217.742.95$26,030
Aug 19976858,52517.862.55$34,013
Jul 19975566,91817.582.25$25,319
Jun 19979167,01617.242.26$31,628
May 199761514,32718.972.31$44,740
Apr 19972816,90117.882.08$35,702
Mar 1997368,74718.951.94$17,644
Feb 1997105,72720.492.21$12,838
Jan 199771,66723.483.54$6,065
Dec 1996114,57523.32$257
Nov 199695,13521.97$198
Oct 1996127,48723.31$280
Sep 1996272,20322.22$600
Aug 1996164220.26$3,323
Jul 199671912,92719.55$14,056
Jun 19961,05714,47618.73$19,798
May 19961,08115,62019.43$21,004
Apr 199690710,15521.51$19,510
Mar 19961,0809,51119.38$20,930
Feb 19967276,71916.98$12,344
Jan 19961,09510,56417.07$18,692
Dec 19951,2577,96717.19$21,608
Nov 19951,0889,95516.00$17,408
Oct 19951,33311,25715.43$20,568
Sep 19951,19410,09416.18$19,319
Aug 19951,59413,50515.92$25,376
Jul 19951,74015,05815.24$26,518
Jun 19951,42415,46316.41$23,368
May 19952,11316,39717.56$37,104
Apr 19951,79915,71117.73$31,896
Mar 19951,99417,61116.44$32,781
Feb 19951,80316,80016.58$29,894
Jan 19952,35520,28515.92$37,492
Dec 19942,33719,36215.03$35,125
Nov 19942,14920,46415.90$34,169
Oct 19942,50921,79515.58$39,090
Sep 19942,33222,72515.29$35,656
Aug 19942,14328,53616.13$34,567
Jul 19942,47731,47117.56$43,496
Jun 19942,13528,47417.09$36,487
May 19942,32034,72715.88$36,842
Apr 19943,05335,17414.14$43,169
Mar 19943,00542,67412.46$37,442
Feb 19943,05635,74012.50$38,200
Jan 19944,59342,09412.66$58,147
Dec 19934,65945,02712.33$57,445
Nov 19936,65157,72114.49$96,373
Oct 19938,03754,43015.85$127,386
Sep 19939,34349,58515.03$140,425
Aug 199311,34966,68515.66$177,725
Jul 199315,20578,39415.46$235,069
Jun 199326,418114,34016.79$443,558
May 19937,67732,39017.68$135,729
Apr 19930018.05$0

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.

Dec 2024 — as filed, then multipliedworked
Condensate           122 bbl  × $ 68.99 =     $8,417
Gas                    0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $8,417

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/146491 is the state's own key, not one this site invented.