LIEBSCHER-OL 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 146862District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.8 M
Aug 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
394
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 Gas111994-10-28130778
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
CondensateDisposition335,806 bbl$10,030,462
GasProduction2,944,615 Mcf$6,816,970
Total$16,847,431

1,301,794 Mcf of this lease's gas, across 41 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, -96.7273. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.15422, -96.72731 · 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
14,790 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 14,790 ft.

Completions filed
Aug 1993
1 of 1 wells

1 well

42-47730711114,790 ftAug 1993

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 (394)

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

394 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 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20241068.993.12$69
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024138079.932.15$11,030
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20231074.852.64$75
Jun 20231068.962.26$69
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 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022037684.888.16$3,070
Aug 20221901,16094.529.13$28,546
Jul 2022169101.587.54$622
Jun 2022172131115.097.98$20,840
May 20220429109.378.43$3,618
Apr 2022375772104.226.84$44,361
Mar 20223651,407108.885.08$46,884
Feb 20223691,90791.054.86$42,863
Jan 20225432,38381.844.54$55,252
Dec 20215443,28171.323.90$51,591
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202117713969.865.35$13,109
Aug 20215382,91666.024.22$47,826
Jul 20217242,71970.783.98$62,072
Jun 20215743,35469.493.38$51,226
May 20219214,54563.483.02$72,180
Apr 20211,0775,68260.362.76$80,681
Mar 20212,32910,76261.302.72$172,007
Feb 20211057.805.55$58
Jan 202153050.412.81$2,672
Dec 20205372,77144.642.68$31,385
Nov 2020033938.772.71$918
Oct 202017977536.972.48$8,538
Sep 2020070837.091.99$1,410
Aug 2020049439.982.39$1,178
Jul 202018746938.371.83$8,031
Jun 2020037434.901.69$632
May 2020037216.921.81$675
Apr 202018043214.751.80$3,434
Mar 2020062230.341.86$1,155
Feb 2020027549.881.98$545
Jan 202017832757.252.09$10,875
Dec 2019022759.012.30$523
Nov 2019034955.302.75$960
Oct 201917817453.472.42$9,938
Sep 2019023155.052.66$614
Aug 201917466253.112.30$10,767
Jul 2019057256.272.46$1,407
Jun 2019061152.782.49$1,522
May 201917978058.482.74$12,605
Apr 2019059162.632.75$1,626
Mar 201918140656.803.06$11,524
Feb 2019040450.852.79$1,128
Jan 201918652446.033.23$10,253
Dec 201817762946.594.19$10,879
Nov 201817852152.934.24$11,629
Oct 201817158561.443.40$12,494
Sep 201818651359.543.11$12,669
Aug 201817538359.403.07$11,569
Jul 201818840365.142.93$13,428
Jun 201836032160.183.08$22,652
May 201833457665.382.90$23,508
Apr 201838279563.842.90$26,693
Mar 20183801,01861.222.79$26,101
Feb 201818728961.782.77$12,352
Jan 20180162.874.01$4
Dec 20170057.272.92$0
Nov 2017062155.423.12$1,937
Oct 20171921,23049.292.98$13,134
Sep 20171911,27747.523.09$13,019
Aug 201702,90845.373.00$8,737
Jul 20173793,53043.873.09$27,525
Jun 20171873,53242.493.09$18,850
May 20171842,48945.373.26$16,471
Apr 20171932,22147.933.21$16,383
Mar 20173814,44746.772.98$31,088
Feb 20171901,92350.452.95$15,263
Jan 20171923,57649.413.42$21,712
Dec 20163831,72848.763.72$25,108
Nov 2016069242.492.64$1,830
Oct 20161883,58146.193.09$19,750
Sep 20163664,61241.553.10$29,507
Aug 20161844,23041.442.92$19,995
Jul 20163693,48141.622.92$25,537
Jun 20161833,76745.352.69$18,417
May 20163783,89342.521.99$23,824
Apr 20161814,03236.561.99$14,645
Mar 20163834,57033.011.79$20,841
Feb 20163684,53826.472.06$19,106
Jan 20165535,46927.352.36$28,055
Dec 20155617,08532.362.00$32,334
Nov 20159589,10738.792.17$56,899
Oct 20155569,53743.552.43$47,356
Sep 20153714,10142.992.76$27,262
Aug 20157619,66940.162.87$58,336
Jul 201595213,50748.152.95$85,618
Jun 20155749,70656.152.88$60,211
May 20153806,40655.212.96$39,912
Apr 20153816,55749.822.71$36,728
Mar 20155845,48142.892.93$41,133
Feb 20155815,30144.662.98$41,724
Jan 20157697,78543.433.10$57,536
Dec 20147627,92254.693.59$70,125
Nov 20145787,34570.464.25$71,956
Oct 20145788,35978.303.90$77,866
Sep 20145716,92686.164.05$77,216
Aug 20143796,41189.394.04$59,748
Jul 20147707,01796.564.18$103,679
Jun 20147676,48698.164.74$106,012
May 20145805,68694.734.73$81,819
Apr 20147558,21295.944.81$111,927
Mar 20145756,29695.895.06$86,974
Feb 20144035,28297.406.19$71,958
Jan 20147755,84390.404.86$98,461
Dec 20131,1637,96891.824.35$141,483
Nov 20132,51112,91788.853.74$271,390
Oct 20131,9194,64597.423.78$204,504
Sep 20131,3427,752104.113.72$168,536
Aug 20131824104.253.52$18,988
Jul 20133763,312102.523.72$50,861
Jun 20131933,70894.403.93$32,804
May 20133784,06394.834.15$52,703
Apr 20135704,10293.964.28$71,124
Mar 20135874,72493.623.91$73,439
Feb 20135665,01391.233.42$68,780
Jan 20135885,87591.603.42$73,953
Dec 20127756,25886.773.42$88,650
Nov 20129527,92786.953.62$111,511
Oct 20125594,87589.383.40$66,537
Sep 20123844,42794.672.92$49,273
Aug 20123842,70392.662.91$43,442
Jul 201201,17285.133.02$3,540
Jun 20121932,71279.822.52$22,237
May 20121942,94491.612.49$25,098
Apr 20121932,759101.652.00$25,128
Mar 20123823,361105.052.22$47,598
Feb 20121883,328101.102.57$27,561
Jan 20123872,93498.092.73$45,983
Dec 20111912,61996.873.24$26,987
Nov 20111942,91995.723.31$28,235
Oct 20111952,96784.983.65$27,396
Sep 20111932,89683.623.99$27,682
Aug 20111923,54783.404.15$30,730
Jul 20113853,58894.144.52$52,452
Jun 20111923,43392.904.64$33,766
May 20111943,11998.134.40$32,776
Apr 20111902,969105.964.33$32,998
Mar 20111892,84296.364.06$29,743
Feb 20111872,39385.644.18$26,017
Jan 20113913,49686.504.59$49,864
Dec 20101913,78985.734.35$32,848
Nov 20101942,86980.843.80$26,572
Oct 20101932,79378.103.51$24,874
Sep 20103833,19072.633.98$40,512
Aug 20101923,44873.684.42$29,385
Jul 20101933,32772.554.74$29,760
Jun 20101933,35170.364.91$30,034
May 20101963,43271.124.24$28,475
Apr 20103893,45381.694.12$46,013
Mar 20101963,97778.394.39$32,818
Feb 20103893,67573.585.44$48,623
Jan 20103903,83174.365.96$51,849
Dec 20091963,85371.445.48$35,131
Nov 20093893,74074.593.75$43,046
Oct 20091863,70772.544.11$28,729
Sep 20091933,60065.543.06$23,682
Aug 20093833,57967.423.22$37,341
Jul 20091923,80261.133.46$24,909
Jun 20091923,83466.163.90$27,636
May 20091853,82954.743.93$25,159
Apr 20093914,11946.773.59$33,064
Mar 20091983,44142.144.06$22,311
Feb 20091963,48132.814.63$22,558
Jan 20093953,89935.865.37$35,106
Dec 20081973,37837.105.98$27,499
Nov 20081963,37455.496.86$34,023
Oct 20083934,44375.246.92$60,324
Sep 20081633,330101.767.88$42,818
Aug 20083904,452114.228.48$82,312
Jul 20083895,457131.0811.39$113,142
Jun 20081934,804131.3313.03$87,955
May 20083863,973123.1711.57$93,528
Apr 20083904,030110.3110.45$85,154
Mar 20081963,954101.909.66$58,184
Feb 20083913,93692.538.77$70,700
Jan 20081973,80990.388.21$49,060
Dec 20073944,35588.337.30$66,602
Nov 20073924,42291.677.29$68,179
Oct 20073864,73882.856.92$64,776
Sep 20071934,43375.846.24$42,317
Aug 20073824,46969.066.39$54,929
Jul 20073884,75370.906.39$57,871
Jun 20071924,61162.007.55$46,710
May 20073874,85158.747.85$60,795
Apr 20075864,87059.617.81$72,943
Mar 20073955,06156.927.30$59,439
Feb 20073954,56955.108.22$59,303
Jan 20073915,06250.306.73$53,719
Dec 20063735,13256.656.92$56,636
Nov 20063785,22154.207.62$60,258
Oct 20063755,61454.906.01$54,349
Sep 20065625,57460.085.04$61,842
Aug 20063706,16668.717.34$70,681
Jul 20065513,17569.376.34$58,361
Jun 20065563,87666.286.38$61,596
May 20065537,13166.016.42$82,320
Apr 20065699,95864.397.36$109,934
Mar 20063584,53856.707.08$52,441
Feb 20065094,38957.597.75$63,333
Jan 20065255,07360.598.93$77,128
Dec 20055725,17754.9413.42$100,877
Nov 20055534,90054.6910.59$82,127
Oct 20057195,66558.3413.80$120,099
Sep 20053184,89961.4512.08$78,716
Aug 20055025,67661.519.80$86,485
Jul 20055485,88055.697.84$76,639
Jun 20055275,62952.337.38$69,126
May 20057165,82145.226.65$71,094
Apr 20053635,60949.207.36$59,145
Mar 20055366,00250.377.15$69,942
Feb 20056995,84345.226.31$68,489
Jan 20054866,17543.166.32$60,015
Dec 20047386,00539.866.75$69,957
Nov 20044775,94845.286.33$59,252
Oct 20046877,13349.706.52$80,616
Sep 20045416,33643.245.28$56,872
Aug 20046975,32342.375.55$59,078
Jul 20043566,06838.286.08$50,546
Jun 20045546,77236.106.43$63,564
May 20045827,52437.486.49$70,679
Apr 20047797,15634.475.86$68,775
Mar 20045937,65234.365.53$62,692
Feb 20045966,59732.455.51$55,687
Jan 20047957,44432.036.30$72,358
Dec 20037928,07030.266.30$74,820
Nov 20035837,83628.804.60$52,798
Oct 20037868,35628.174.76$61,913
Sep 20037758,65526.314.75$61,496
Aug 20037819,75029.765.13$73,257
Jul 20031,36310,25429.415.17$93,108
Jun 200391910,10828.565.98$86,722
May 20031,47811,43526.595.97$107,598
Apr 200331,32126.675.41$7,223
Mar 20035433,10531.146.10$35,837
Feb 20033434,44933.487.93$46,746
Jan 20035594,78730.315.58$43,665
Dec 20023605,36526.914.85$35,728
Nov 20025545,51424.664.14$36,473
Oct 20025135,22426.464.23$35,667
Sep 20025455,57527.443.64$35,221
Aug 20025535,70525.963.16$32,407
Jul 20023563,84224.583.06$20,514
Jun 20025323,73923.733.34$25,106
May 20023573,91024.663.58$22,817
Apr 20023593,81123.653.51$21,876
Mar 20023734,05022.003.10$20,772
Feb 20023633,68718.222.38$15,373
Jan 20025493,44217.172.38$17,603
Dec 20011884,81916.932.36$14,577
Nov 20017446,35618.072.41$28,734
Oct 20013735,18419.782.53$20,488
Sep 20015307,00724.262.25$28,633
Aug 20018977,83724.873.05$46,236
Jul 20015486,94323.933.20$35,311
Jun 20015546,57824.563.82$38,762
May 20017197,51825.524.31$50,731
Apr 20015497,79624.685.34$55,143
Mar 20017337,45124.545.38$58,048
Feb 200138172627.755.77$14,760
Jan 20019347,71527.478.40$90,453
Dec 20003647,13926.889.12$74,910
Nov 20005614,90732.215.66$45,834
Oct 20005587,55831.235.15$56,316
Sep 20007497,93531.875.19$65,026
Aug 20005628,69929.644.54$56,158
Jul 20009189,11428.534.09$63,465
Jun 20005749,68629.304.40$59,410
May 20001,11710,02327.263.68$67,332
Apr 200074110,16624.513.12$49,839
Mar 20001,13411,03028.422.86$63,771
Feb 20005495,19327.622.73$29,322
Jan 20009068,77525.272.48$44,661
Dec 19995408,72024.282.42$34,246
Nov 19997199,38323.192.43$39,512
Oct 19991,07810,47420.982.80$51,983
Sep 199988910,56221.752.62$46,996
Aug 19991,0669,62519.262.88$48,209
Jul 199971410,12817.892.37$36,801
Jun 19991,25611,37915.942.36$46,899
May 19991,07412,04315.792.32$44,911
Apr 199988910,92715.102.21$37,551
Mar 19991,23012,66412.471.84$38,619
Feb 19991,25611,9379.981.82$34,234
Jan 19991,07813,98110.381.90$37,753
Dec 19981,59115,3359.201.77$41,831
Nov 19981,43412,19010.892.19$42,260
Oct 19981,07713,96412.421.97$40,874
Sep 19981,41515,02112.592.08$49,098
Aug 19981,77916,78811.301.91$52,123
Jul 19981,43418,42711.742.24$58,061
Jun 19981,77019,78911.242.24$64,168
May 19981,59419,98912.622.21$64,219
Apr 19981,96825,90813.042.51$90,571
Mar 19981,79124,52112.802.31$79,555
Feb 19982,34423,58413.952.30$86,921
Jan 19981,63512,12314.702.15$50,157
Dec 19972,79421,37116.322.41$97,126
Nov 19973,23318,64518.193.09$116,389
Oct 19970019.253.15$0
Sep 19973503,24417.742.95$15,795
Aug 19978795,08717.862.55$28,695
Jul 19973555,98117.582.25$19,680
Jun 19978808,04017.242.26$33,319
May 19978949,72618.972.31$39,412
Apr 19978989,25117.882.08$35,324
Mar 19971,24713,24818.951.94$49,320
Feb 19971,08910,66620.492.21$45,842
Jan 19971,0859,52123.483.54$59,177
Dec 19961,08411,36923.32$25,279
Nov 199688812,11721.97$19,509
Oct 19961,24112,19923.31$28,928
Sep 19961,43213,44022.22$31,819
Aug 19961,18714,60220.26$24,049
Jul 19961,05112,18519.55$20,547
Jun 19961,42412,52118.73$26,672
May 19961,43214,45019.43$27,824
Apr 19961,40214,41021.51$30,157
Mar 19961,45015,83419.38$28,101
Feb 19961,07715,33016.98$18,287
Jan 19961,79817,38717.07$30,692
Dec 19951,59217,05117.19$27,366
Nov 19951,6211916.00$25,936
Oct 19951,59115,91515.43$24,549
Sep 19951,77318,61516.18$28,687
Aug 19952,12419,83415.92$33,814
Jul 19951,77620,66415.24$27,066
Jun 19951,96612,04216.41$32,262
May 19952,3229,06517.56$40,774
Apr 19952,3189,80317.73$41,098
Mar 19952,51611,78716.44$41,363
Feb 19952,20914,80316.58$36,625
Jan 19953,10715,07015.92$49,463
Dec 19942,71414,69715.03$40,791
Nov 19942,87717,18715.90$45,744
Oct 19943,21820,56515.58$50,136
Sep 19943,37421,82415.29$51,588
Aug 19944,08626,85816.13$65,907
Jul 19944,47037,09817.56$78,493
Jun 19943,91423,00017.09$66,890
May 19944,11427,52615.88$65,330
Apr 19944,95631,78314.14$70,078
Mar 19945,76238,92112.46$71,795
Feb 19945,09247,73512.50$63,650
Jan 19947,68470,67412.66$97,279
Dec 19939,50084,30112.33$117,135
Nov 199312,13196,65314.49$175,778
Oct 199318,257137,32015.85$289,373
Sep 199325,525172,05015.03$383,641
Aug 199316,258103,09015.66$254,600

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             1 bbl  × $ 68.99 =        $69
Gas                    0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                      $69

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/146862 is the state's own key, not one this site invented.