OLDENBURG A

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 147989District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.4 M
Sep 1993 – May 2026
Value, last 12 filed months
$356 k
at the published price for each month
Months reported
393
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 Gas221994-02-25 – 1995-12-182 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
CondensateDisposition100,050 bbl$2,543,084
GasProduction4,517,734 Mcf$8,859,729
Total$11,402,813

2,361,967 Mcf of this lease's gas, across 40 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 29.9898, -96.7373. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.98981, -96.73725 · 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
15,422 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 15,422 ft.

Completions filed
Sep 1993
1 of 1 wells

1 well

42-14932783315,422 ftSep 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 (393)

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

393 months

May 202605,626106.413.05$17,136
Apr 20261865,77398.932.87$34,968
Mar 202606,04789.753.15$19,045
Feb 202603,19463.503.75$11,979
Jan 20261814,83659.138.00$49,380
Dec 202505,48456.664.41$24,203
Nov 20251896,55758.593.93$36,819
Oct 20251919,16659.383.30$41,634
Sep 202518513,95562.743.08$54,545
Aug 202518918,00463.933.01$66,361
Jul 202503066.743.32$99
Jun 20250066.483.13$0
May 202560060.553.23$3,633
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025017170.884.34$742
Jan 202502574.324.28$107
Dec 2024052668.993.12$1,642
Nov 20240069.052.20$0
Oct 202401471.372.28$32
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20241080.301.55$80
Feb 20241076.091.78$76
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20231177.892.81$81
Oct 20232085.443.09$171
Sep 20231189.042.74$92
Aug 20230280.522.67$5
Jul 20231074.852.64$75
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202302278.122.24$49
Mar 20231172.852.39$75
Feb 202308675.112.47$212
Jan 20230476.533.39$14
Dec 20220076.415.73$0
Nov 202204285.005.65$237
Oct 20220087.185.86$0
Sep 202223,11384.888.16$25,583
Aug 20221856,00694.529.13$72,304
Jul 20220729101.587.54$5,498
Jun 20220773115.097.98$6,166
May 202201,454109.378.43$12,262
Apr 20221942,542104.226.84$37,600
Mar 202202,686108.885.08$13,635
Feb 202202,85291.054.86$13,857
Jan 20221913,19781.844.54$30,138
Dec 202103,16171.323.90$12,325
Nov 202103,02677.435.24$15,847
Oct 202103,28279.795.71$18,753
Sep 20211912,60669.865.35$27,288
Aug 202102,94566.024.22$12,430
Jul 202102,99070.783.98$11,906
Jun 202103,05669.493.38$10,331
May 20211933,04963.483.02$21,453
Apr 202102,87260.362.76$7,922
Mar 202103,06661.302.72$8,330
Feb 20211842,27257.805.55$23,240
Jan 202103,52050.412.81$9,892
Dec 202003,22344.642.68$8,623
Nov 202003,18738.772.71$8,626
Oct 20201763,33736.972.48$14,777
Sep 202003,27337.091.99$6,517
Aug 20201803,37439.982.39$15,244
Jul 202003,54838.371.83$6,476
Jun 202003,66834.901.69$6,200
May 2020343,05216.921.81$6,114
Apr 20201614,96514.751.80$11,334
Mar 202003,39830.341.86$6,307
Feb 202002,83649.881.98$5,617
Jan 20201714,25857.252.09$18,709
Dec 20191715,56759.012.30$22,919
Nov 20191835,43055.302.75$25,056
Oct 20191806,74153.472.42$25,928
Sep 201904,13855.052.66$10,996
Aug 201901,96153.112.30$4,519
Jul 20191813,22656.272.46$18,121
Jun 201902,04352.782.49$5,090
May 201902,82158.482.74$7,730
Apr 20191765,82762.632.75$27,051
Mar 20191876,76956.803.06$31,349
Feb 20191546,24350.852.79$25,263
Jan 201904,05146.033.23$13,077
Dec 20180146.594.19$4
Nov 201801,54852.934.24$6,559
Oct 201801,64161.443.40$5,576
Sep 20181815,62159.543.11$28,247
Aug 201802,94659.403.07$9,034
Jul 201802,56965.142.93$7,532
Jun 201802,07360.183.08$6,378
May 20181904,63265.382.90$25,859
Apr 201805,41763.842.90$15,714
Mar 201806,01761.222.79$16,768
Feb 20181916,17061.782.77$28,867
Jan 201804,10562.874.01$16,458
Dec 201702,99657.272.92$8,753
Nov 201701,48155.423.12$4,618
Oct 201701,82849.292.98$5,454
Sep 201702,44547.523.09$7,548
Aug 201702,55845.373.00$7,685
Jul 20171763,15643.873.09$17,465
Jun 201702,23742.493.09$6,906
May 201702,48945.373.26$8,123
Apr 201702,31047.933.21$7,419
Mar 20171892,16846.772.98$15,308
Feb 201701,55850.452.95$4,600
Jan 201704,01149.413.42$13,713
Dec 20161903,16548.763.72$21,047
Nov 201602,26242.492.64$5,982
Oct 201602,68446.193.09$8,294
Sep 201602,42441.553.10$7,516
Aug 201603,26441.442.92$9,545
Jul 201603,97141.622.92$11,613
Jun 201602,96845.352.69$7,972
May 20161823,51742.521.99$14,741
Apr 201603,66436.561.99$7,295
Mar 201603,91433.011.79$7,022
Feb 201603,75826.472.06$7,755
Jan 20161914,04127.352.36$14,778
Dec 201503,86432.362.00$7,733
Nov 201503,29138.792.17$7,133
Oct 20151824,10743.552.43$17,892
Sep 201503,98842.992.76$11,001
Aug 201504,08240.162.87$11,726
Jul 201504,19148.152.95$12,343
Jun 20151933,97756.152.88$22,302
May 201504,17055.212.96$12,324
Apr 201503,97749.822.71$10,764
Mar 201504,09542.892.93$12,018
Feb 20151803,76444.662.98$19,241
Jan 201504,24343.433.10$13,156
Dec 201404,26254.693.59$15,306
Nov 20141944,13770.464.25$31,259
Oct 201404,20578.303.90$16,404
Sep 201404,49186.164.05$18,168
Aug 201404,31589.394.04$17,412
Jul 20141922,76696.564.18$30,100
Jun 201403,63998.164.74$17,238
May 201404,19694.734.73$19,833
Apr 201404,16495.944.81$20,025
Mar 20141924,74195.895.06$42,385
Feb 201403,65497.406.19$22,626
Jan 201404,77390.404.86$23,200
Dec 201304,28391.824.35$18,650
Nov 20131854,38688.853.74$32,833
Oct 201304,83997.423.78$18,288
Sep 201304,007104.113.72$14,897
Aug 201305,561104.253.52$19,589
Jul 20131745,367102.523.72$37,792
Jun 201303,43094.403.93$13,492
May 201303,36294.834.15$13,949
Apr 201301,86193.964.28$7,970
Mar 20131864,34893.623.91$34,426
Feb 201304,17291.233.42$14,268
Jan 201304,66891.603.42$15,964
Dec 20121924,75586.773.42$32,923
Nov 201204,38986.953.62$15,910
Oct 201203,11489.383.40$10,587
Sep 201204,03694.672.92$11,779
Aug 20121734,18792.662.91$28,207
Jul 201204,23585.133.02$12,793
Jun 201204,03179.822.52$10,154
May 201203,70191.612.49$9,209
Apr 20121833,426101.652.00$25,443
Mar 201203,528105.052.22$7,840
Feb 201203,192101.102.57$8,204
Jan 20121963,59498.092.73$29,052
Dec 201103,63996.873.24$11,789
Nov 201103,63895.723.31$12,046
Oct 20111943,87784.983.65$30,632
Sep 201103,75383.623.99$14,959
Aug 201103,97983.404.15$16,510
Jul 201104,12994.144.52$18,652
Jun 20111934,03692.904.64$36,656
May 201104,18398.134.40$18,425
Apr 201104,137105.964.33$17,927
Mar 20111944,35296.364.06$36,351
Feb 201103,67685.644.18$15,366
Jan 201104,57286.504.59$20,980
Dec 20101944,66285.734.35$36,901
Nov 201004,52780.843.80$17,181
Oct 201004,72078.103.51$16,562
Sep 20101914,57872.633.98$32,090
Aug 201004,76973.684.42$21,076
Jul 201004,75672.554.74$22,527
Jun 201004,41870.364.91$21,694
May 20101944,57971.124.24$33,190
Apr 201004,41381.694.12$18,193
Mar 201004,52478.394.39$19,854
Feb 2010984,08273.585.44$29,427
Jan 20101964,52974.365.96$41,586
Dec 200904,30071.445.48$23,580
Nov 20091934,53574.593.75$31,409
Oct 200905,79772.544.11$23,827
Sep 200905,63465.543.06$17,267
Aug 20091875,91467.423.22$31,642
Jul 200906,46461.133.46$22,395
Jun 20091847,88866.163.90$42,897
May 200919110,92654.743.93$53,348
Apr 200919614,48046.773.59$61,114
Mar 20091949,66742.144.06$47,414
Feb 200905,10832.814.63$23,665
Jan 20091986,19935.865.37$40,395
Dec 20081935,57137.105.98$40,459
Nov 200805,85055.496.86$40,133
Oct 20081916,40875.246.92$58,727
Sep 200805,466101.767.88$43,056
Aug 20081946,586114.228.48$78,028
Jul 20081936,174131.0811.39$95,617
Jun 200805,135131.3313.03$66,923
May 20081957,169123.1711.57$106,994
Apr 200803,647110.3110.45$38,129
Mar 200803,951101.909.66$38,183
Feb 20081976,10592.538.77$71,773
Jan 20081994,36790.388.21$53,820
Dec 200704,33488.337.30$31,647
Nov 20071774,53391.677.29$49,279
Oct 200706,41582.856.92$44,405
Sep 20071944,82675.846.24$44,847
Aug 20071966,81869.066.39$57,089
Jul 200705,83170.906.39$37,248
Jun 20072005,50462.007.55$53,947
May 200715,50958.747.85$43,284
Apr 20071956,75559.617.81$64,348
Mar 200715,91856.927.30$43,270
Feb 20073976,81255.108.22$77,842
Jan 200705,52350.306.73$37,152
Dec 20061846,38356.656.92$54,584
Nov 200614,99754.207.62$38,119
Oct 20061866,13954.906.01$47,130
Sep 200616,90460.085.04$34,837
Aug 20061895,32168.717.34$52,042
Jul 20061927,28969.376.34$59,551
Jun 200615,77266.286.38$36,914
May 20061776,46866.016.42$53,241
Apr 20061854,86064.397.36$47,684
Mar 200605,53156.707.08$39,176
Feb 20061706,14757.597.75$57,436
Jan 20061725,82860.598.93$62,485
Dec 20051866,54654.9413.42$98,036
Nov 20051737,36354.6910.59$87,424
Oct 200504,80858.3413.80$66,330
Sep 20051485,75661.4512.08$78,621
Aug 200516,16061.519.80$60,410
Jul 20051565,93955.697.84$55,271
Jun 20051707,15752.337.38$61,722
May 20051796,61045.226.65$52,059
Apr 200506,33849.207.36$46,651
Mar 20051616,75150.377.15$56,412
Feb 20051745,73145.226.31$44,042
Jan 20051676,74443.166.32$49,845
Dec 20041607,57939.866.75$57,544
Nov 20041516,34945.286.33$47,029
Oct 20041617,90649.706.52$59,510
Sep 20041858,02243.245.28$50,387
Aug 200408,23442.375.55$45,704
Jul 20041737,00938.286.08$49,266
Jun 20041757,94836.106.43$57,447
May 20041568,97937.486.49$64,162
Apr 20041528,15034.475.86$52,986
Mar 200408,64134.365.53$47,786
Feb 20041526,53232.455.51$40,921
Jan 20043749,93132.036.30$74,541
Dec 20031808,18230.266.30$57,007
Nov 200318411,33628.804.60$57,390
Oct 20031857,24228.174.76$39,681
Sep 20031849,88626.314.75$51,793
Aug 20031767,98929.765.13$46,219
Jul 200318,53529.415.17$44,163
Jun 20031887,51428.565.98$50,325
May 20031856,79126.595.97$45,480
Apr 200318910,73726.675.41$63,099
Mar 200316,19231.146.10$37,778
Feb 20031867,60433.487.93$66,496
Jan 20031889,66230.315.58$59,632
Dec 20021909,27226.914.85$50,117
Nov 20021819,08924.664.14$42,064
Oct 200207,05326.464.23$29,828
Sep 20023459,53127.443.64$44,114
Aug 200218012,53725.963.16$44,342
Jul 200208,28924.583.06$25,379
Jun 20023578,96723.733.34$38,406
May 200208,27124.663.58$29,643
Apr 20021797,95423.653.51$32,170
Mar 20021748,09922.003.10$28,957
Feb 200207,61718.222.38$18,096
Jan 20021778,26017.172.38$22,662
Dec 20011789,93916.932.36$26,513
Nov 20011757,77818.072.41$21,872
Oct 20011769,02919.782.53$26,315
Sep 20011869,49624.262.25$25,891
Aug 20011768,69324.873.05$30,918
Jul 20011829,54323.933.20$34,865
Jun 200109,13124.563.82$34,918
May 200117811,22925.524.31$52,909
Apr 20011788,02624.685.34$47,214
Mar 200136111,49924.545.38$70,683
Feb 20011809,55127.755.77$60,076
Jan 20011839,03427.478.40$80,901
Dec 200018010,31326.889.12$98,919
Nov 200018510,15632.215.66$63,422
Oct 2000010,41431.235.15$53,585
Sep 200035411,21431.875.19$69,443
Aug 200017811,92929.644.54$59,443
Jul 200017812,33428.534.09$55,521
Jun 200018112,25129.304.40$59,174
May 200035613,31827.263.68$58,711
Apr 200017913,16924.513.12$45,422
Mar 200018411,25028.422.86$37,401
Feb 200017611,17727.622.73$35,335
Jan 200017811,65525.272.48$33,408
Dec 199936812,72524.282.42$39,777
Nov 199918013,81723.192.43$37,805
Oct 199936416,04520.982.80$52,622
Sep 199918119,30821.752.62$54,502
Aug 199954314,50519.262.88$52,169
Jul 199937219,17617.892.37$52,148
Jun 199936119,57415.942.36$51,990
May 199936320,48015.792.32$53,266
Apr 199918413,83015.102.21$33,316
Mar 199936618,87912.471.84$39,270
Feb 199936012,8239.981.82$26,902
Jan 19991869,72810.381.90$20,413
Dec 199834314,8809.201.77$29,543
Nov 199818615,80610.892.19$36,573
Oct 199835910,55912.421.97$25,252
Sep 199818014,12212.592.08$31,677
Aug 199835815,64111.301.91$33,878
Jul 199836416,25311.742.24$40,636
Jun 199836318,14211.242.24$44,669
May 199836915,55112.622.21$38,968
Apr 199818414,64313.042.51$39,085
Mar 199854922,05912.802.31$57,971
Feb 199836913,71013.952.30$36,669
Jan 199836819,83514.702.15$48,150
Dec 199735416,80716.322.41$46,301
Nov 199718719,95018.193.09$65,012
Oct 199773623,14119.253.15$87,058
Sep 199737225,00217.742.95$80,477
Aug 199703,65717.862.55$9,343
Jul 199718014,11317.582.25$34,875
Jun 199718012,21117.242.26$30,666
May 199736511,13818.972.31$32,636
Apr 199736615,06017.882.08$37,911
Mar 199746520,31918.951.94$48,213
Feb 199756921,65820.492.21$59,434
Jan 199755723,54123.483.54$96,406
Dec 199656625,23423.32$13,199
Nov 199674230,95921.97$16,302
Oct 19961,39260,50523.31$32,448
Sep 199671726,69622.22$15,932
Aug 199618112,38020.26$3,667
Jul 199636215,54419.55$7,077
Jun 199637716,13718.73$7,061
May 199636118,99419.43$7,014
Apr 199636414,90921.51$7,830
Mar 199657320,69119.38$11,105
Feb 199653322,46016.98$9,050
Jan 199637021,79417.07$6,316
Dec 199538422,19417.19$6,601
Nov 199537320,94116.00$5,968
Oct 199556523,02615.43$8,718
Sep 199536222,66316.18$5,857
Aug 199575324,72515.92$11,988
Jul 199557137,50015.24$8,702
Jun 199537619,49916.41$6,170
May 1995023,22017.56$0
Apr 199554932,18217.73$9,734
Mar 19951,09343,53916.44$17,969
Feb 199537929,32816.58$6,284
Jan 19951818,38015.92$2,882
Dec 199455126,55015.03$8,282
Nov 199437326,63415.90$5,931
Oct 19941,11255,12615.58$17,325
Sep 19941,06661,07515.29$16,299
Aug 19941,06764,64816.13$17,211
Jul 19941,08673,19317.56$19,070
Jun 19941,73180,67217.09$29,583
May 19941,79494,87915.88$28,489
Apr 19941,99970,37014.14$28,266
Mar 19943,260114,26112.46$40,620
Feb 19942,743122,70612.50$34,288
Jan 19944,654161,85512.66$58,920
Dec 19935,387199,47112.33$66,422
Nov 19937,057216,86714.49$102,256
Oct 199312,831309,00215.85$203,371
Sep 19932,42591,15815.03$36,448

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                5,626 Mcf  × $  3.05 =    $17,136

────────────────────────────────────────────────────
Month total                                  $17,136

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/147989 is the state's own key, not one this site invented.