MEINEN-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 148929District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.5 M
Jan 1994 – May 2026
Value, last 12 filed months
$67 k
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 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 Gas111994-10-27130783
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
CondensateDisposition28,375 bbl$770,157
GasProduction3,773,417 Mcf$8,746,697
Total$9,516,854

1,763,156 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 29.9908, -96.6939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.99076, -96.69390 · 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
16,450 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 16,450 ft.

Completions filed
Jan 1994
1 of 1 wells

1 well

42-14932816116,450 ftJan 1994

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 202601,361106.413.05$4,145
Apr 202601,39098.932.87$3,989
Mar 202601,52589.753.15$4,803
Feb 202601,39763.503.75$5,239
Jan 202601,40959.138.00$11,269
Dec 202501,53256.664.41$6,761
Nov 202501,49658.593.93$5,874
Oct 202501,63659.383.30$5,407
Sep 202501,45862.743.08$4,486
Aug 202501,51863.933.01$4,576
Jul 202501,54166.743.32$5,109
Jun 202501,57666.483.13$4,931
May 202501,66060.553.23$5,366
Apr 20251621,67462.363.54$16,034
Mar 202501,76267.704.27$7,521
Feb 202501,54770.884.34$6,715
Jan 202501,80374.324.28$7,714
Dec 202401,80268.993.12$5,625
Nov 202401,83569.052.20$4,034
Oct 202401,88771.372.28$4,305
Sep 202401,75269.612.36$4,142
Aug 202401,86475.632.06$3,847
Jul 202401,94479.932.15$4,173
Jun 202401,81578.082.63$4,781
May 202401,80878.812.20$3,975
Apr 202402,19184.451.66$3,635
Mar 202402,71180.301.55$4,189
Feb 202402,64076.091.78$4,709
Jan 202402,69873.023.30$8,897
Dec 202302,69371.262.61$7,031
Nov 202303,12977.892.81$8,785
Oct 202313,09185.443.09$9,628
Sep 202303,47189.042.74$9,493
Aug 20231815,58680.522.67$29,505
Jul 202304,81474.852.64$12,718
Jun 202316,80568.962.26$15,438
May 202304,86170.622.23$10,827
Apr 202303678.122.24$81
Mar 20230072.852.39$0
Feb 202301,02975.112.47$2,537
Jan 20230776.533.39$24
Dec 2022098276.415.73$5,626
Nov 202201,62985.005.65$9,198
Oct 202201,63787.185.86$9,599
Sep 202201,73484.888.16$14,156
Aug 202201,74994.529.13$15,963
Jul 202201,730101.587.54$13,048
Jun 202201,865115.097.98$14,877
May 202201,905109.378.43$16,065
Apr 202201,951104.226.84$13,340
Mar 202201,611108.885.08$8,178
Feb 202201,77491.054.86$8,620
Jan 202211,89081.844.54$8,658
Dec 20211952,94171.323.90$25,375
Nov 202102,92477.435.24$15,313
Oct 202103,68179.795.71$21,033
Sep 202104,21369.865.35$22,543
Aug 20210366.024.22$13
Jul 202101,27770.783.98$5,085
Jun 202102,89569.493.38$9,787
May 202103,06763.483.02$9,255
Apr 202103,03760.362.76$8,377
Mar 202102,78061.302.72$7,553
Feb 202102,71857.805.55$15,079
Jan 202103,19650.412.81$8,982
Dec 202002,80644.642.68$7,507
Nov 20201593,09638.772.71$14,544
Oct 202002,78436.972.48$6,900
Sep 202002,81537.091.99$5,605
Aug 202013,08039.982.39$7,386
Jul 202003,16238.371.83$5,771
Jun 202003,42834.901.69$5,794
May 202003,71616.921.81$6,744
Apr 202023,99314.751.80$7,234
Mar 202004,67930.341.86$8,685
Feb 202005,10249.881.98$10,105
Jan 202006,00657.252.09$12,581
Dec 201905,86259.012.30$13,508
Nov 20191622,95755.302.75$17,092
Oct 201902,31353.472.42$5,594
Sep 201902,28255.052.66$6,064
Aug 201902,49753.112.30$5,754
Jul 201902,40756.272.46$5,921
Jun 201901,68952.782.49$4,208
May 201901,92658.482.74$5,278
Apr 201901,80362.632.75$4,960
Mar 201902,13256.803.06$6,528
Feb 201902,18250.852.79$6,093
Jan 20191862,45746.033.23$16,493
Dec 201802,46846.594.19$10,330
Nov 201802,26752.934.24$9,606
Oct 201803,27061.443.40$11,112
Sep 201804,12159.543.11$12,808
Aug 201805,85059.403.07$17,939
Jul 201801,62465.142.93$4,761
Jun 201801,45960.183.08$4,489
May 201801,64965.382.90$4,783
Apr 201801,73663.842.90$5,036
Mar 201801,95361.222.79$5,443
Feb 201801,69561.782.77$4,689
Jan 201801,96862.874.01$7,890
Dec 201701,88657.272.92$5,510
Nov 201701,74055.423.12$5,426
Oct 201701,99649.292.98$5,955
Sep 201702,42847.523.09$7,496
Aug 20171752,43845.373.00$15,264
Jul 201702,48643.873.09$7,675
Jun 201702,29942.493.09$7,098
May 201702,52345.373.26$8,234
Apr 201702,69647.933.21$8,658
Mar 201702,48246.772.98$7,405
Feb 201702,26150.452.95$6,676
Jan 201702,85249.413.42$9,750
Dec 201602,79148.763.72$10,390
Nov 201602,42542.492.64$6,413
Oct 201602,99146.193.09$9,243
Sep 20161872,30741.553.10$14,923
Aug 201602,74841.442.92$8,036
Jul 201602,04841.622.92$5,989
Jun 201602,53445.352.69$6,806
May 201602,42742.521.99$4,832
Apr 201602,49736.561.99$4,972
Mar 201602,75433.011.79$4,941
Feb 201602,39726.472.06$4,947
Jan 201602,70727.352.36$6,400
Dec 201502,59032.362.00$5,184
Nov 201502,44538.792.17$5,299
Oct 201502,59243.552.43$6,290
Sep 201502,70042.992.76$7,448
Aug 20151813,05840.162.87$16,053
Jul 201502,85148.152.95$8,396
Jun 201502,70256.152.88$7,789
May 201502,92055.212.96$8,630
Apr 201502,89249.822.71$7,827
Mar 201502,98942.892.93$8,772
Feb 201502,90944.662.98$8,658
Jan 201503,11943.433.10$9,671
Dec 201403,21754.693.59$11,553
Nov 201403,10670.464.25$13,206
Oct 201403,36178.303.90$13,111
Sep 201403,30886.164.05$13,382
Aug 20141803,32189.394.04$29,491
Jul 201403,52896.564.18$14,746
Jun 201403,24998.164.74$15,390
May 201403,48694.734.73$16,477
Apr 201403,65795.944.81$17,587
Mar 201403,28395.895.06$16,601
Feb 201403,22997.406.19$19,994
Jan 201403,58190.404.86$17,406
Dec 201303,32391.824.35$14,470
Nov 201303,46988.853.74$12,968
Oct 20131683,67897.423.78$30,267
Sep 201303,706104.113.72$13,778
Aug 201303,986104.253.52$14,041
Jul 201303,885102.523.72$14,443
Jun 201303,54194.403.93$13,928
May 201303,67394.834.15$15,240
Apr 201303,40193.964.28$14,565
Mar 201303,41493.623.91$13,359
Feb 20131823,30691.233.42$27,910
Jan 201303,60291.603.42$12,319
Dec 201203,44086.773.42$11,765
Nov 201203,69886.953.62$13,405
Oct 201203,74689.383.40$12,735
Sep 201203,93194.672.92$11,472
Aug 201204,23992.662.91$12,328
Jul 201203,84785.133.02$11,621
Jun 201203,39979.822.52$8,562
May 201203,26591.612.49$8,124
Apr 20121883,768101.652.00$26,634
Mar 201204,261105.052.22$9,468
Feb 201206,015101.102.57$15,460
Jan 201206,78098.092.73$18,537
Dec 201103,01296.873.24$9,758
Nov 201103,19395.723.31$10,573
Oct 201103,27984.983.65$11,964
Sep 201101,66783.623.99$6,644
Aug 201101,53883.404.15$6,382
Jul 201103,28694.144.52$14,844
Jun 20111913,76392.904.64$35,204
May 201103,83598.134.40$16,892
Apr 201103,845105.964.33$16,661
Mar 201103,43796.364.06$13,945
Feb 201103,00185.644.18$12,544
Jan 201103,43486.504.59$15,758
Dec 201003,30285.734.35$14,356
Nov 201003,46880.843.80$13,162
Oct 20101913,83278.103.51$28,363
Sep 201003,73272.633.98$14,851
Aug 201004,37573.684.42$19,335
Jul 201004,19172.554.74$19,851
Jun 201004,17670.364.91$20,506
May 201003,56471.124.24$15,094
Apr 201003,97181.694.12$16,371
Mar 201004,20778.394.39$18,463
Feb 20101943,95873.585.44$35,815
Jan 201004,53674.365.96$27,053
Dec 200904,50771.445.48$24,715
Nov 200904,30274.593.75$16,139
Oct 200904,85872.544.11$19,968
Sep 200904,31565.543.06$13,224
Aug 20091864,53867.423.22$27,146
Jul 200904,84561.133.46$16,786
Jun 200904,59466.163.90$17,894
May 200904,63154.743.93$18,180
Apr 200904,37246.773.59$15,685
Mar 200904,54042.144.06$18,428
Feb 20091974,28932.814.63$26,335
Jan 200904,97035.865.37$26,694
Dec 200805,22437.105.98$31,225
Nov 200805,45755.496.86$37,437
Oct 200805,96975.246.92$41,317
Sep 20081945,404101.767.88$62,309
Aug 200805,519114.228.48$46,818
Jul 200805,928131.0811.39$67,517
Jun 200806,009131.3313.03$78,313
May 200805,729123.1711.57$66,309
Apr 200805,708110.3110.45$59,676
Mar 20081955,851101.909.66$76,415
Feb 200805,80692.538.77$50,922
Jan 200806,30990.388.21$51,770
Dec 200706,64488.337.30$48,514
Nov 200706,49491.677.29$47,352
Oct 20071906,87782.856.92$63,344
Sep 200706,58875.846.24$41,137
Aug 200707,28969.066.39$46,562
Jul 200727,60770.906.39$48,735
Jun 20071957,64062.007.55$69,760
May 200728,30958.747.85$65,312
Apr 20071998,40859.617.81$77,489
Mar 200719,31656.927.30$68,082
Feb 200708,77055.108.22$72,054
Jan 200718611,04050.306.73$83,620
Dec 2006411,59756.656.92$80,460
Nov 2006149,63154.207.62$74,123
Oct 2006265,90854.906.01$36,957
Sep 200621,66860.085.04$8,522
Aug 200603,20968.717.34$23,554
Jul 200614,14069.376.34$26,328
Jun 200604,12766.286.38$26,346
May 200614,16966.016.42$26,852
Apr 20061834,88564.397.36$47,739
Mar 200608,45156.707.08$59,858
Feb 200617,31657.597.75$56,765
Jan 200604,90160.598.93$43,782
Dec 20051726,89554.9413.42$101,949
Nov 200515,68354.6910.59$60,229
Oct 200505,24458.3413.80$72,345
Sep 200515,88261.4512.08$71,110
Aug 200516,87161.519.80$67,376
Jul 200516,97155.697.84$54,734
Jun 20051857,13852.337.38$62,367
May 200517,57145.226.65$50,401
Apr 200517,88249.207.36$58,065
Mar 20051728,88250.377.15$72,213
Feb 200515,87445.226.31$37,121
Jan 200507,27243.166.32$45,975
Dec 200419,14739.866.75$61,792
Nov 2004579,58545.286.33$63,258
Oct 20041348,91149.706.52$64,716
Sep 200407,76543.245.28$41,029
Aug 200417,74542.375.55$43,032
Jul 200418,49538.286.08$51,723
Jun 20041087,50936.106.43$52,204
May 20041139,02837.486.49$62,868
Apr 200419,59634.475.86$56,252
Mar 20041789,88434.365.53$60,776
Feb 200418,85732.455.51$48,831
Jan 200418011,63132.036.30$79,037
Dec 2003111,12230.266.30$70,117
Nov 200318110,50628.804.60$53,490
Oct 2003012,33828.174.76$58,724
Sep 2003012,39926.314.75$58,887
Aug 200319113,74529.765.13$76,192
Jul 200318315,02729.415.17$83,084
Jun 2003216,07528.565.98$96,233
May 2003116,31926.595.97$97,495
Apr 200318416,56826.675.41$94,495
Mar 2003319,21331.146.10$117,217
Feb 2003115,29333.487.93$121,244
Jan 20033716,66330.315.58$48,438
Dec 2002021,06226.914.85$102,230
Nov 2002023,03524.664.14$95,295
Oct 200218325,88926.464.23$114,330
Sep 200236228,75927.443.64$114,478
Aug 2002034,66625.963.16$109,689
Jul 2002040,11424.583.06$122,819
Jun 200236748,54223.733.34$170,754
May 20021863,04824.663.58$226,408
Apr 20023822,66023.653.51$80,488
Mar 2002692,84422.003.10$10,342
Feb 200204,96718.222.38$11,800
Jan 200203,87617.172.38$9,208
Dec 20011684,74516.932.36$14,063
Nov 200104,43018.072.41$10,656
Oct 200105,49119.782.53$13,886
Sep 20011762,30724.262.25$9,464
Aug 200103,07424.873.05$9,385
Jul 200103,81023.933.20$12,181
Jun 200103,65024.563.82$13,958
May 200103,21825.524.31$13,861
Apr 200103,08424.685.34$16,454
Mar 200103,57624.545.38$19,226
Feb 200103,23027.755.77$18,628
Jan 200102,49327.478.40$20,938
Dec 200002,78826.889.12$25,434
Nov 200003,15232.215.66$17,834
Oct 200001,60631.235.15$8,264
Sep 200005,90331.875.19$30,616
Aug 200007,85129.644.54$35,649
Jul 200002,12128.534.09$8,674
Jun 200004,24529.304.40$18,666
May 20001798,36027.263.68$35,642
Apr 200004,63724.513.12$14,449
Mar 200005,85828.422.86$16,752
Feb 200006,88127.622.73$18,761
Jan 20001817,58725.272.48$23,393
Dec 199907,42724.282.42$18,001
Nov 199907,61523.192.43$18,535
Oct 1999010,89420.982.80$30,544
Sep 19991829,13521.752.62$27,882
Aug 199906,56019.262.88$18,864
Jul 199903,92517.892.37$9,312
Jun 199905,27815.942.36$12,467
May 19991866,17015.792.32$17,258
Apr 199906,66015.102.21$14,706
Mar 199908,43212.471.84$15,501
Feb 199906,5349.981.82$11,877
Jan 199908,09610.381.90$15,382
Dec 199807,9929.201.77$14,172
Nov 199808,24210.892.19$18,015
Oct 199807,86512.421.97$15,488
Sep 19981828,59012.592.08$20,181
Aug 199808,80111.301.91$16,787
Jul 199809,71311.742.24$21,731
Jun 199809,51811.242.24$21,294
May 199835310,73912.622.21$28,149
Apr 1998012,25713.042.51$30,708
Mar 1998012,97912.802.31$29,974
Feb 199808,49113.952.30$19,522
Jan 199808,34714.702.15$17,986
Dec 1997011,23216.322.41$27,081
Nov 199736112,48018.193.09$45,108
Oct 1997814,34019.253.15$45,322
Sep 1997016,41317.742.95$48,498
Aug 1997016,93717.862.55$43,270
Jul 1997014,82417.582.25$33,309
Jun 19973569,64517.242.26$27,908
May 1997012,98618.972.31$29,978
Apr 1997016,98717.882.08$35,380
Mar 199718519,04918.951.94$40,444
Feb 199718518,87320.492.21$45,423
Jan 199719022,47423.483.54$84,012
Dec 199617825,01123.32$4,151
Nov 199619327,92321.97$4,240
Oct 199636635,24523.31$8,531
Sep 199617930,15822.22$3,977
Aug 199618816,29720.26$3,809
Jul 199618717,46819.55$3,656
Jun 199635315,50918.73$6,612
May 199618419,13419.43$3,575
Apr 199636117,38821.51$7,765
Mar 1996017,05119.38$0
Feb 199619617,06816.98$3,328
Jan 199618220,22817.07$3,107
Dec 199537021,49117.19$6,360
Nov 199536222,87616.00$5,792
Oct 1995025,53015.43$0
Sep 199518325,84316.18$2,961
Aug 199555028,56615.92$8,756
Jul 199555031,67815.24$8,382
Jun 1995030,07316.41$0
May 199536834,08217.56$6,462
Apr 199538428,98217.73$6,808
Mar 199554732,25216.44$8,993
Feb 199519030,03016.58$3,150
Jan 199536342,56315.92$5,779
Dec 199454446,68115.03$8,176
Nov 199437051,63415.90$5,883
Oct 199490061,45615.58$14,022
Sep 199453965,13515.29$8,241
Aug 199492475,35716.13$14,904
Jul 199471484,47817.56$12,538
Jun 199471591,54817.09$12,219
May 19941,252107,72215.88$19,882
Apr 1994917119,03514.14$12,966
Mar 19941,839151,21412.46$22,914
Feb 19941,650192,23312.50$20,625
Jan 1994552104,21712.66$6,988

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                1,361 Mcf  × $  3.05 =     $4,145

────────────────────────────────────────────────────
Month total                                   $4,145

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/148929 is the state's own key, not one this site invented.