HUTCHINGS-HUTCHINGS UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the CLAY, NE (AUSTIN CHALK 11350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148231District 03Field 187050702 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.3 M
Jan 1994 – May 2026
Value, last 12 filed months
$109
at the published price for each month
Months reported
389
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 34 leases and 34 wells, and the rule below applies to all of them.

Discovered
1981-07-23
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1992-06-08.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 2-1-95.

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 Gas221994-05-31 – 2008-02-192 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
CondensateDisposition110,574 bbl$2,781,207
GasProduction4,446,027 Mcf$8,561,173
Total$11,342,380

2,494,071 Mcf of this lease's gas, across 36 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 30.3818, -96.3821. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.38181, -96.38210 · 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
15,187 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 15,187 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-05133310115,187 ftNov 2005

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 (389)

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

389 months

May 2026018106.413.05$55
Apr 202601898.932.87$52
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 20250163.933.01$3
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 202501070.884.34$43
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20241078.812.20$79
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240276.091.78$4
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230185.443.09$3
Sep 2023044589.042.74$1,217
Aug 20230080.522.67$0
Jul 202308874.852.64$232
Jun 2023013468.962.26$303
May 202307370.622.23$163
Apr 202308678.122.24$192
Mar 20230172.852.39$2
Feb 202308375.112.47$205
Jan 2023025876.533.39$874
Dec 2022016276.415.73$928
Nov 2022037885.005.65$2,134
Oct 2022020587.185.86$1,202
Sep 2022016784.888.16$1,363
Aug 2022014194.529.13$1,287
Jul 2022075101.587.54$566
Jun 20220139115.097.98$1,109
May 20220216109.378.43$1,822
Apr 20220101104.226.84$691
Mar 202200108.885.08$0
Feb 202209791.054.86$471
Jan 202207581.844.54$340
Dec 2021103771.323.90$7,373
Nov 202109277.435.24$482
Oct 2021011379.795.71$646
Sep 20210069.865.35$0
Aug 2021010566.024.22$443
Jul 20210070.783.98$0
Jun 202106769.493.38$227
May 2021010663.483.02$320
Apr 20210060.362.76$0
Mar 2021014461.302.72$391
Feb 202102157.805.55$117
Jan 202101350.412.81$37
Dec 202003244.642.68$86
Nov 202002238.772.71$60
Oct 202001336.972.48$32
Sep 202002937.091.99$58
Aug 202002139.982.39$50
Jul 202001638.371.83$29
Jun 202001734.901.69$29
May 202002916.921.81$53
Apr 202002114.751.80$38
Mar 202002730.341.86$50
Feb 202002349.881.98$46
Jan 202005057.252.09$105
Dec 2019024159.012.30$555
Nov 201903055.302.75$83
Oct 201905353.472.42$128
Sep 201904555.052.66$120
Aug 2019011353.112.30$260
Jul 2019015856.272.46$389
Jun 2019014252.782.49$354
May 2019015858.482.74$433
Apr 201909962.632.75$272
Mar 201908256.803.06$251
Feb 201903150.852.79$87
Jan 2019012446.033.23$400
Dec 2018025546.594.19$1,067
Nov 2018013552.934.24$572
Oct 20180061.443.40$0
Sep 2018011959.543.11$370
Aug 20187445459.403.07$5,788
Jul 2018095265.142.93$2,791
Jun 201801,76060.183.08$5,415
May 20184272665.382.90$4,852
Apr 20180063.842.90$0
Mar 201805161.222.79$142
Feb 20180161.782.77$3
Jan 2018017162.874.01$686
Dec 201721057.272.92$144
Nov 2017030355.423.12$945
Oct 2017065049.292.98$1,939
Sep 201701,84047.523.09$5,681
Aug 20171822,62845.373.00$16,153
Jul 201702,83343.873.09$8,746
Jun 201702,93142.493.09$9,049
May 20171903,26145.373.26$19,262
Apr 201702,24247.933.21$7,200
Mar 201702,21046.772.98$6,594
Feb 201702,03550.452.95$6,009
Jan 20171911,83049.413.42$15,694
Dec 201602,03748.763.72$7,583
Nov 201602,39442.492.64$6,331
Oct 201603,04246.193.09$9,401
Sep 201603,01941.553.10$9,361
Aug 20161893,42841.442.92$17,857
Jul 201603,01541.622.92$8,817
Jun 201602,56545.352.69$6,889
May 2016073042.521.99$1,453
Apr 2016098336.561.99$1,957
Mar 201601,04733.011.79$1,878
Feb 201601,78526.472.06$3,684
Jan 20161903,21327.352.36$12,793
Dec 201503,47032.362.00$6,945
Nov 201502,56038.792.17$5,548
Oct 20151811,02843.552.43$10,377
Sep 2015094942.992.76$2,618
Aug 201501,27140.162.87$3,651
Jul 201501,29548.152.95$3,814
Jun 201501,36756.152.88$3,941
May 201501,42655.212.96$4,214
Apr 201501,51849.822.71$4,109
Mar 201501,66242.892.93$4,877
Feb 20151961,73444.662.98$13,914
Jan 201501,97343.433.10$6,118
Dec 201402,05054.693.59$7,362
Nov 201401,90270.464.25$8,087
Oct 201402,38178.303.90$9,288
Sep 20141382,27686.164.05$21,098
Aug 201402,46189.394.04$9,930
Jul 201402,52796.564.18$10,562
Jun 201402,29698.164.74$10,876
May 20141952,43094.734.73$29,958
Apr 201402,35895.944.81$11,340
Mar 201402,54995.895.06$12,890
Feb 201402,39997.406.19$14,855
Jan 20141932,79690.404.86$31,038
Dec 201302,65391.824.35$11,552
Nov 201302,50188.853.74$9,349
Oct 20131942,85597.423.78$29,690
Sep 201302,387104.113.72$8,874
Aug 201303,009104.253.52$10,600
Jul 201302,771102.523.72$10,302
Jun 20131932,79694.403.93$29,217
May 201303,33594.834.15$13,837
Apr 201302,75693.964.28$11,803
Mar 201303,39193.623.91$13,269
Feb 20131962,64391.233.42$26,920
Jan 201303,26691.603.42$11,169
Dec 201203,19586.773.42$10,927
Nov 20121862,94486.953.62$26,845
Oct 201202,18889.383.40$7,439
Sep 201202,33594.672.92$6,814
Aug 201202,78792.662.91$8,105
Jul 20121882,56885.133.02$23,762
Jun 201202,73779.822.52$6,895
May 201203,19891.612.49$7,958
Apr 20121943,261101.652.00$26,232
Mar 201203,222105.052.22$7,160
Feb 20121943,151101.102.57$27,712
Jan 201203,41998.092.73$9,348
Dec 201103,61096.873.24$11,695
Nov 201103,81195.723.31$12,619
Oct 20111953,65784.983.65$29,914
Sep 201103,81683.623.99$15,210
Aug 201103,49983.404.15$14,518
Jul 20111833,46994.144.52$32,898
Jun 201103,86392.904.64$17,924
May 201103,41798.134.40$15,051
Apr 201103,326105.964.33$14,412
Mar 201103,32796.364.06$13,499
Feb 20111963,94485.644.18$33,271
Jan 201104,51386.504.59$20,709
Dec 20101964,45485.734.35$36,168
Nov 201004,31580.843.80$16,377
Oct 201004,45378.103.51$15,625
Sep 201004,21272.633.98$16,762
Aug 20101914,62373.684.42$34,504
Jul 201003,10972.554.74$14,726
Jun 201001,87670.364.91$9,212
May 201002,86871.124.24$12,147
Apr 201003,11181.694.12$12,826
Mar 20101964,04178.394.39$33,099
Feb 201004,23973.585.44$23,070
Jan 201004,86974.365.96$29,039
Dec 20091955,37471.445.48$43,400
Nov 200905,22174.593.75$19,587
Oct 20091954,34872.544.11$32,017
Sep 200904,32665.543.06$13,258
Aug 200904,82067.423.22$15,513
Jul 20091915,06561.133.46$29,224
Jun 200904,68066.163.90$18,229
May 20091904,35454.743.93$27,493
Apr 200904,07646.773.59$14,623
Mar 20091964,59342.144.06$26,902
Feb 200904,47232.814.63$20,719
Jan 20091955,10335.865.37$34,401
Dec 20081984,74137.105.98$35,683
Nov 200803,13155.496.86$21,480
Oct 20081806,20875.246.92$56,515
Sep 200805,663101.767.88$44,608
Aug 20081945,688114.228.48$70,410
Jul 200804,898131.0811.39$55,785
Jun 20083914,224131.3313.03$106,400
May 200806,656123.1711.57$77,038
Apr 20081946,380110.3110.45$88,102
Mar 20081967,058101.909.66$88,181
Feb 200806,65292.538.77$58,342
Jan 20081977,36890.388.21$78,265
Dec 20071956,88888.337.30$67,520
Nov 20071986,81491.677.29$67,836
Oct 200707,25282.856.92$50,198
Sep 200703,63175.846.24$22,673
Aug 20071935,16969.066.39$46,348
Jul 20071936,13470.906.39$52,867
Jun 20071946,55762.007.55$61,523
May 2007107,02858.747.85$55,731
Apr 20071937,00159.617.81$66,149
Mar 20073837,87956.927.30$79,333
Feb 20071987,08555.108.22$69,120
Jan 20072018,09750.306.73$64,578
Dec 20062088,54256.656.92$70,881
Nov 20062098,86354.207.62$78,842
Oct 20061919,32454.906.01$66,559
Sep 200615,18360.085.04$26,168
Aug 20063886,66968.717.34$75,609
Jul 200628,02669.376.34$51,046
Jun 20063969,31966.286.38$85,738
May 20063957,82066.016.42$76,317
Apr 200639611,46064.397.36$109,850
Mar 200640715,83056.707.08$135,200
Feb 200661619,73257.597.75$188,421
Jan 200681227,08160.598.93$291,122
Dec 20051,24545,45154.9413.42$678,144
Nov 20051,63232,76054.6910.59$436,130
Oct 20057946658.3413.80$11,038
Sep 20051936,91861.4512.08$95,422
Aug 20052188,23961.519.80$94,125
Jul 200555,52555.697.84$43,615
Jun 200534,31252.337.38$31,984
May 200564,68545.226.65$31,432
Apr 20052055,60949.207.36$51,371
Mar 20052096,91550.377.15$60,003
Feb 2005106,99145.226.31$44,579
Jan 20052019,35343.166.32$67,807
Dec 20043949,80839.866.75$81,919
Nov 2004116,90545.286.33$44,210
Oct 200411,85849.706.52$12,155
Sep 2004043843.245.28$2,314
Aug 200442,64842.375.55$14,868
Jul 20041732,20138.286.08$20,014
Jun 200422,43536.106.43$15,737
May 20041944,27937.486.49$35,061
Apr 200455,36634.475.86$31,609
Mar 200419510,05834.365.53$62,322
Feb 20043998,91432.455.51$62,060
Jan 200454,69832.036.30$29,756
Dec 20031944,52330.266.30$34,373
Nov 200314,76028.804.60$21,902
Oct 20032004,69528.174.76$27,981
Sep 200334,49326.314.75$21,418
Aug 20031934,57429.765.13$29,207
Jul 200314,71229.415.17$24,394
Jun 20031715,27628.565.98$36,450
May 200325,58826.595.97$33,429
Apr 20031785,52626.675.41$34,628
Mar 20031676,07431.146.10$42,228
Feb 200325,41433.487.93$42,978
Jan 20031756,69830.315.58$42,693
Dec 20021786,65726.914.85$37,101
Nov 20021136,55024.664.14$29,884
Oct 20021597,02526.464.23$33,917
Sep 20021706,77727.443.64$29,301
Aug 2002177,09725.963.16$22,897
Jul 20021647,10624.583.06$25,788
Jun 20021516,72123.733.34$26,020
May 20021766,19724.663.58$26,550
Apr 20021615,93323.653.51$24,646
Mar 200206,83922.003.10$21,220
Feb 20021676,37918.222.38$18,197
Jan 20021567,09117.172.38$19,524
Dec 20011647,28816.932.36$20,008
Nov 20011797,43818.072.41$21,127
Oct 20011807,88319.782.53$23,496
Sep 20011737,66124.262.25$21,444
Aug 200107,86024.873.05$23,998
Jul 20011787,93623.933.20$29,632
Jun 200107,64424.563.82$29,232
May 20011777,68425.524.31$37,614
Apr 20011548,04124.685.34$46,702
Mar 20011618,37924.545.38$49,000
Feb 20011606,40727.755.77$41,390
Jan 200106,12727.478.40$51,459
Dec 20001537,98226.889.12$76,928
Nov 20001677,82632.215.66$49,659
Oct 20001899,61331.235.15$55,366
Sep 20001819,03531.875.19$52,629
Aug 20001739,18829.644.54$46,848
Jul 20001917,42328.534.09$35,807
Jun 20001774,77229.304.40$26,170
May 200005,11627.263.68$18,826
Apr 20001642,91324.513.12$13,097
Mar 20001792,97828.422.86$13,604
Feb 200002,91127.622.73$7,937
Jan 20001863,25525.272.48$12,774
Dec 19991803,28324.282.42$12,327
Nov 199903,18923.192.43$7,762
Oct 19991743,83320.982.80$14,397
Sep 19991752,35021.752.62$9,961
Aug 199903,01319.262.88$8,664
Jul 19991753,54817.892.37$11,548
Jun 19991713,55015.942.36$11,111
May 19991814,27515.792.32$12,780
Apr 19991826,69915.102.21$17,540
Mar 19991799,28812.471.84$19,307
Feb 199918111,0989.981.82$21,980
Jan 199918212,76510.381.90$26,142
Dec 199836513,3439.201.77$27,019
Nov 199818715,09010.892.19$35,019
Oct 199818516,30712.421.97$34,410
Sep 199835817,36012.592.08$40,662
Aug 199835618,98511.301.91$40,234
Jul 199836119,91811.742.24$48,800
Jun 199835521,50811.242.24$52,109
May 199836222,92312.622.21$55,144
Apr 199835721,17313.042.51$57,701
Mar 199836222,52112.802.31$56,645
Feb 199838821,29413.952.30$54,370
Jan 199854325,40114.702.15$62,716
Dec 199756430,19316.322.41$82,003
Nov 199737231,27518.193.09$103,352
Oct 199750733,19819.253.15$114,327
Sep 199738536,94117.742.95$115,986
Aug 199774137,33917.862.55$108,626
Jul 199757945,20817.582.25$111,758
Jun 199775154,27317.242.26$135,452
May 199756357,18018.972.31$142,680
Apr 199792455,74517.882.08$132,626
Mar 199794259,44318.951.94$133,119
Feb 199769746,03120.492.21$115,821
Jan 199796948,69523.483.54$195,118
Dec 19961,08068,36223.32$25,186
Nov 199692565,55121.97$20,322
Oct 19961,08573,08623.31$25,291
Sep 19961,04071,07522.22$23,109
Aug 19961,04672,71820.26$21,192
Jul 19961,59677,55519.55$31,202
Jun 19961,41375,83018.73$26,465
May 19961,38473,13619.43$26,891
Apr 19961,80273,07921.51$38,761
Mar 19961,81573,63419.38$35,175
Feb 19961,25760,61416.98$21,344
Jan 19961,10845,97417.07$18,914
Dec 199590551,25817.19$15,557
Nov 199592452,06516.00$14,784
Oct 19951,24055,45915.43$19,133
Sep 199582851,00016.18$13,397
Aug 19951,58978,18115.92$25,297
Jul 19951,40050,93015.24$21,336
Jun 19951,57948,73116.41$25,911
May 19951,79654,73417.56$31,538
Apr 19951,64653,79517.73$29,184
Mar 19951,78954,08916.44$29,411
Feb 19951,62152,39816.58$26,876
Jan 19952,33166,93715.92$37,110
Dec 19941,98152,93315.03$29,774
Nov 19942,72967,25115.90$43,391
Oct 19942,51968,99515.58$39,246
Sep 19942,83082,31515.29$43,271
Aug 19943,16987,51916.13$51,116
Jul 19943,32199,78817.56$58,317
Jun 19943,864105,66817.09$66,036
May 19943,985116,19215.88$63,282
Apr 19944,854123,17914.14$68,636
Mar 19944,638105,66412.46$57,789
Feb 19942,55843,55512.50$31,975
Jan 19942,14040,82112.66$27,092

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                   18 Mcf  × $  3.05 =        $55

────────────────────────────────────────────────────
Month total                                      $55

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/148231 is the state's own key, not one this site invented.