SCHMIDT-WEISS 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 148422District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.2 M
Dec 1993 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
390
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 Gas111994-10-26130768
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
CondensateDisposition108,254 bbl$3,680,461
GasProduction1,411,998 Mcf$3,503,882
Total$7,184,342

596,002 Mcf of this lease's gas, across 37 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 30.1482, -96.7183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.14819, -96.71827 · 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
14,389 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 14,389 ft.

Completions filed
Dec 1993
1 of 1 wells

1 well

42-47730725114,389 ftDec 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 (390)

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

390 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260259.138.00$16
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025026359.383.30$869
Sep 2025164062.743.08$10,289
Aug 20250363.933.01$9
Jul 20251731,03866.743.32$14,987
Jun 20251831,16766.483.13$15,817
May 2025066160.553.23$2,137
Apr 202501,24562.363.54$4,411
Mar 20250067.704.27$0
Feb 2025052270.884.34$2,266
Jan 20251074.324.28$74
Dec 2024048568.993.12$1,514
Nov 202418094769.052.20$14,511
Oct 202401,03571.372.28$2,361
Sep 2024098969.612.36$2,338
Aug 20241741,04675.632.06$15,318
Jul 202401,05479.932.15$2,263
Jun 20241671,07878.082.63$15,879
May 202401,27178.812.20$2,794
Apr 2024024184.451.66$400
Mar 202417899580.301.55$15,831
Feb 202418489576.091.78$15,597
Jan 2024098273.023.30$3,238
Dec 202301,02471.262.61$2,673
Nov 20231791,04677.892.81$16,879
Oct 202301,08485.443.09$3,347
Sep 20231841,14989.042.74$19,526
Aug 202301,18380.522.67$3,162
Jul 20231801,28274.852.64$16,860
Jun 202301,24968.962.26$2,821
May 20231771,39170.622.23$15,598
Apr 202301,52278.122.24$3,406
Mar 20231801,97172.852.39$17,830
Feb 20233642,28875.112.47$32,982
Jan 2023075076.533.39$2,541
Dec 20220776.415.73$40
Nov 20220285.005.65$11
Oct 202203587.185.86$205
Sep 2022046584.888.16$3,796
Aug 202201,65094.529.13$15,060
Jul 202200101.587.54$0
Jun 2022053115.097.98$423
May 202200109.378.43$0
Apr 202201,037104.226.84$7,091
Mar 20221831,312108.885.08$26,585
Feb 202201,17891.054.86$5,724
Jan 20221861,30581.844.54$21,144
Dec 202101,37071.323.90$5,342
Nov 20211841,55077.435.24$22,364
Oct 202101,17079.795.71$6,685
Sep 202101,49169.865.35$7,978
Aug 20212801,48066.024.22$24,732
Jul 202101,51870.783.98$6,045
Jun 20211881,50169.493.38$18,138
May 20211751,72663.483.02$16,318
Apr 202101,67060.362.76$4,607
Mar 20213342,32161.302.72$26,780
Feb 2021060357.805.55$3,345
Jan 2021096650.412.81$2,715
Dec 2020037244.642.68$995
Nov 20201771,19238.772.71$10,089
Oct 20201781,31536.972.48$9,840
Sep 202001,20637.091.99$2,401
Aug 20201741,20939.982.39$9,840
Jul 202001,01238.371.83$1,847
Jun 202001,16434.901.69$1,968
May 20201391,23416.921.81$4,591
Apr 202001,15214.751.80$2,079
Mar 20201831,02130.341.86$7,447
Feb 202001,21449.881.98$2,405
Jan 2020072857.252.09$1,525
Dec 201917768859.012.30$12,030
Nov 201901,11455.302.75$3,064
Oct 20191741,16153.472.42$12,112
Sep 201901,17555.052.66$3,122
Aug 20191731,20453.112.30$11,962
Jul 201901,22056.272.46$3,001
Jun 20191781,25252.782.49$12,514
May 201901,14858.482.74$3,146
Apr 201901,19062.632.75$3,273
Mar 20191761,25256.803.06$13,831
Feb 201901,10550.852.79$3,085
Jan 20191811,23646.033.23$12,321
Dec 201801,24946.594.19$5,228
Nov 20181801,22152.934.24$14,701
Oct 201801,22061.443.40$4,146
Sep 20181751,27159.543.11$14,370
Aug 201801,30959.403.07$4,014
Jul 20181801,28565.142.93$15,493
Jun 20181861,24660.183.08$15,027
May 201801,26765.382.90$3,675
Apr 20181751,21863.842.90$14,705
Mar 201801,29061.222.79$3,595
Feb 201801,12961.782.77$3,123
Jan 20181921,22962.874.01$16,998
Dec 20171831,32457.272.92$14,349
Nov 201701,11155.423.12$3,465
Oct 20171891,34349.292.98$13,323
Sep 201701,33847.523.09$4,131
Aug 201701,11845.373.00$3,359
Jul 20171891,35743.873.09$12,481
Jun 201701,29942.493.09$4,010
May 20171881,34245.373.26$12,909
Apr 201701,28147.933.21$4,114
Mar 20171921,41546.772.98$13,202
Feb 201701,22750.452.95$3,623
Jan 20171901,32949.413.42$13,931
Dec 201601,42648.763.72$5,309
Nov 20161911,32842.492.64$11,627
Oct 201601,39546.193.09$4,311
Sep 20161921,40341.553.10$12,328
Aug 201601,48541.442.92$4,343
Jul 20161851,46541.622.92$11,984
Jun 201601,44145.352.69$3,870
May 20161891,38442.521.99$10,792
Apr 201601,36436.561.99$2,716
Mar 20161931,46433.011.79$8,997
Feb 201601,33926.472.06$2,763
Jan 20161851,48627.352.36$8,573
Dec 20151941,47832.362.00$9,236
Nov 201501,53538.792.17$3,327
Oct 20151891,54443.552.43$11,978
Sep 201501,55942.992.76$4,300
Aug 20151821,55340.162.87$11,770
Jul 201501,60248.152.95$4,718
Jun 20151921,54256.152.88$15,226
May 20151911,67155.212.96$15,484
Apr 201501,53249.822.71$4,146
Mar 20151931,53642.892.93$12,785
Feb 20151941,44944.662.98$12,977
Jan 201501,52843.433.10$4,738
Dec 20141881,62854.693.59$16,128
Nov 20141911,55770.464.25$20,078
Oct 201401,59978.303.90$6,238
Sep 20141901,59286.164.05$22,811
Aug 201401,71389.394.04$6,912
Jul 20141911,66496.564.18$25,398
Jun 20141921,54198.164.74$26,146
May 20141941,65794.734.73$26,210
Apr 201401,48895.944.81$7,156
Mar 20141991,64095.895.06$27,375
Feb 201401,50897.406.19$9,338
Jan 20141781,59690.404.86$23,849
Dec 20131941,65191.824.35$25,002
Nov 20131891,62188.853.74$22,852
Oct 201301,68897.423.78$6,380
Sep 20131911,712104.113.72$26,250
Aug 20131911,734104.253.52$26,020
Jul 201301,759102.523.72$6,540
Jun 20131911,73394.403.93$24,847
May 20131932,25894.834.15$27,671
Apr 201301,10093.964.28$4,711
Mar 20131911,79793.623.91$24,913
Feb 201301,87491.233.42$6,409
Jan 20131941,82991.603.42$24,025
Dec 20121881,84786.773.42$22,630
Nov 20121951,77286.953.62$23,379
Oct 20121901,83689.383.40$23,224
Sep 201201,58894.672.92$4,634
Aug 20121821,80092.662.91$22,099
Jul 20121911,82885.133.02$21,782
Jun 201201,85379.822.52$4,668
May 20121911,93191.612.49$22,302
Apr 20121921,921101.652.00$23,353
Mar 20121851,725105.052.22$23,267
Feb 201201,770101.102.57$4,549
Jan 20121961,93698.092.73$24,519
Dec 20111842,01396.873.24$24,346
Nov 20111961,94895.723.31$25,211
Oct 20111932,05284.983.65$23,888
Sep 201101,99483.623.99$7,948
Aug 20111922,09583.404.15$24,706
Jul 20111922,09294.144.52$27,525
Jun 20111922,03792.904.64$27,288
May 201102,17798.134.40$9,589
Apr 20111922,064105.964.33$29,288
Mar 20111872,14896.364.06$26,734
Feb 20111971,97785.644.18$25,135
Jan 20111982,17986.504.59$27,126
Dec 201002,21685.734.35$9,635
Nov 20101952,23880.843.80$24,258
Oct 20101922,19378.103.51$22,690
Sep 20101922,12772.633.98$22,409
Aug 20101922,19673.684.42$23,851
Jul 201002,28072.554.74$10,799
Jun 20101922,31270.364.91$24,862
May 20101932,35871.124.24$23,713
Apr 20101941,74781.694.12$23,050
Mar 20101952,25678.394.39$25,187
Feb 201002,06673.585.44$11,244
Jan 20101942,23174.365.96$27,732
Dec 20091962,25971.445.48$26,390
Nov 20091942,28374.593.75$23,035
Oct 200902,38372.544.11$9,795
Sep 20091912,36165.543.06$19,754
Aug 20092152,44667.423.22$22,368
Jul 20091912,57561.133.46$20,597
Jun 20091912,20866.163.90$21,237
May 20091952,36954.743.93$19,974
Apr 200902,34746.773.59$8,420
Mar 20091972,37442.144.06$17,938
Feb 20091972,14832.814.63$16,415
Jan 20091982,39535.865.37$19,964
Dec 20081962,41837.105.98$21,724
Nov 20081962,36655.496.86$27,108
Oct 20081972,35875.246.92$31,144
Sep 20081932,046101.767.88$35,756
Aug 20081932,392114.228.48$42,336
Jul 20081932,522131.0811.39$54,023
Jun 20083922,348131.3313.03$82,082
May 20081962,324123.1711.57$51,040
Apr 20081952,453110.3110.45$47,156
Mar 20081962,598101.909.66$45,080
Feb 20081972,51892.538.77$40,313
Jan 20081972,75090.388.21$40,371
Dec 20071972,81688.337.30$37,963
Nov 20071952,66091.677.29$37,272
Oct 20071932,84382.856.92$35,669
Sep 20071932,80875.846.24$32,171
Aug 20071922,88169.066.39$31,663
Jul 20071942,90870.906.39$32,331
Jun 20071842,86062.007.55$32,997
May 20072002,92358.747.85$34,683
Apr 20073942,87459.617.81$45,918
Mar 20071992,94956.927.30$32,861
Feb 20073902,59055.108.22$42,768
Jan 20071852,85050.306.73$28,477
Dec 200602,99056.656.92$20,686
Nov 20063783,01154.207.62$43,424
Oct 20061813,38454.906.01$30,288
Sep 20061843,55460.085.04$28,957
Aug 20063684,07368.717.34$55,181
Jul 20061852,31569.376.34$27,517
Jun 20063682,12866.286.38$37,976
May 20061862,96966.016.42$31,354
Apr 20063563,25364.397.36$46,866
Mar 20061903,57956.707.08$36,123
Feb 20063663,31157.597.75$46,742
Jan 20063843,55360.598.93$55,007
Dec 20051783,64154.9413.42$58,625
Nov 20053673,63354.6910.59$58,539
Oct 20053384,17258.3413.80$77,275
Sep 20051062,41861.4512.08$35,721
Aug 20053443,18061.519.80$52,313
Jul 20053253,51055.697.84$45,630
Jun 20051713,42252.337.38$34,206
May 20053483,42445.226.65$38,510
Apr 20053583,29349.207.36$41,852
Mar 20053583,43450.377.15$42,602
Feb 20053263,14245.226.31$34,574
Jan 20053363,58043.166.32$37,135
Dec 20043493,51339.866.75$37,628
Nov 20045273,52545.286.33$46,177
Oct 20041753,23549.706.52$29,774
Sep 20043603,48243.245.28$33,965
Aug 20043543,78942.375.55$36,030
Jul 20043453,79538.286.08$36,296
Jun 20045303,88836.106.43$44,145
May 20043594,00537.486.49$39,466
Apr 20043643,70734.475.86$34,264
Mar 20045464,20534.365.53$42,015
Feb 20043723,87132.455.51$33,399
Jan 20043674,22932.036.30$38,396
Dec 20033694,46630.266.30$39,309
Nov 20037224,54128.804.60$41,660
Oct 20031844,58228.174.76$26,992
Sep 20033614,05526.314.75$28,757
Aug 20033744,97529.765.13$36,651
Jul 200315751329.415.17$7,270
Jun 20033582,07028.565.98$22,609
May 200302,27026.595.97$13,558
Apr 20033592,12026.675.41$21,038
Mar 200301,97431.146.10$12,034
Feb 20031851,93933.487.93$21,562
Jan 20031822,11530.315.58$17,322
Dec 20023611,99426.914.85$19,393
Nov 200202,11124.664.14$8,733
Oct 20021862,28726.464.23$14,594
Sep 20023672,21027.443.64$18,104
Aug 20021852,38625.963.16$12,352
Jul 200202,48224.583.06$7,599
Jun 20023562,34923.733.34$16,289
May 20021792,51524.663.58$13,428
Apr 20023572,40123.653.51$16,876
Mar 200202,52522.003.10$7,834
Feb 20021652,33718.222.38$8,558
Jan 20021832,63517.172.38$9,402
Dec 20013622,73316.932.36$12,591
Nov 20011812,83218.072.41$10,083
Oct 20011793,04919.782.53$11,251
Sep 20011781,80424.262.25$8,380
Aug 20011801,83324.873.05$10,073
Jul 20011782,04323.933.20$10,791
Jun 200102,41324.563.82$9,228
May 20013532,85825.524.31$21,319
Apr 20011872,95624.685.34$20,386
Mar 20013603,23024.545.38$26,200
Feb 20011812,72727.755.77$20,750
Jan 20013583,06327.478.40$35,560
Dec 200003,09926.889.12$28,271
Nov 20003603,06332.215.66$28,926
Oct 20001803,21831.235.15$22,180
Sep 20003633,07131.875.19$27,497
Aug 20001773,27929.644.54$20,135
Jul 20003583,43128.534.09$24,246
Jun 200002,59729.304.40$11,420
May 20003542,82427.263.68$20,042
Apr 20003593,47624.513.12$19,630
Mar 20003513,60428.422.86$20,282
Feb 20001813,33627.622.73$14,095
Jan 20003653,55525.272.48$18,042
Dec 19993643,67624.282.42$17,748
Nov 19993593,48523.192.43$16,808
Oct 19993493,68820.982.80$17,662
Sep 19991723,65021.752.62$13,300
Aug 19995243,83019.262.88$21,106
Jul 19991783,90217.892.37$12,441
Jun 19993703,99715.942.36$15,339
May 19993584,26715.792.32$15,557
Apr 19995364,19315.102.21$17,352
Mar 19992004,38212.471.84$10,550
Feb 19993593,8989.981.82$10,669
Jan 19995404,31410.381.90$13,802
Dec 19983724,6279.201.77$11,628
Nov 19983594,66410.892.19$14,104
Oct 19987155,01612.421.97$18,758
Sep 19983575,11912.592.08$15,156
Aug 19983555,31811.301.91$14,155
Jul 19985205,87911.742.24$19,258
Jun 19985345,58411.242.24$18,495
May 19985525,96312.622.21$20,123
Apr 19987305,94013.042.51$24,401
Mar 19985646,71512.802.31$22,727
Feb 19983635,70113.952.30$18,171
Jan 19989016,75414.702.15$27,798
Dec 19975487,09016.322.41$26,038
Nov 19979267,05018.193.09$38,616
Oct 19975417,72519.253.15$34,747
Sep 19978967,91317.742.95$39,277
Aug 19977296,19617.862.55$28,849
Jul 19977336,57117.582.25$27,651
Jun 19971,0728,56217.242.26$37,807
May 19978949,83418.972.31$39,661
Apr 19971,26110,12817.882.08$43,641
Mar 19971,08110,06718.951.94$40,006
Feb 19971,1115,60920.492.21$35,137
Jan 19975453,82623.483.54$26,339
Dec 1996096723.32$0
Nov 19961803,98321.97$3,955
Oct 19961844,26123.31$4,289
Sep 19963654,32322.22$8,110
Aug 19961984,21120.26$4,011
Jul 19963814,47619.55$7,449
Jun 19961824,96918.73$3,409
May 19961815,01619.43$3,517
Apr 19963784,94121.51$8,131
Mar 19963585,10919.38$6,938
Feb 19963544,92316.98$6,011
Jan 19961965,46817.07$3,346
Dec 19953805,80717.19$6,532
Nov 19953645,96316.00$5,824
Oct 19951866,30115.43$2,870
Sep 19951766,66816.18$2,848
Aug 19955487,21415.92$8,724
Jul 19955477,67915.24$8,336
Jun 19953578,16616.41$5,858
May 19953759,48417.56$6,585
Apr 19957258,86017.73$12,854
Mar 19953949,58416.44$6,477
Feb 19955489,05416.58$9,086
Jan 199556110,93215.92$8,931
Dec 199470012,05715.03$10,521
Nov 19944616,70415.90$7,330
Oct 19943629,05015.58$5,640
Sep 19941,09023,53115.29$16,666
Aug 19941,79530,79016.13$28,953
Jul 19941,96033,03217.56$34,418
Jun 19942,14235,57117.09$36,607
May 19942,52440,05315.88$40,081
Apr 19942,54745,05514.14$36,015
Mar 19943,81856,98012.46$47,572
Feb 19943,99757,86312.50$49,963
Jan 19946,13378,81912.66$77,644
Dec 19932,50718,13812.33$30,911

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                    2 Mcf  × $  8.00 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/148422 is the state's own key, not one this site invented.