DERRICK 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 149219District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Mar 1994 – May 2026
Value, last 12 filed months
$179 k
at the published price for each month
Months reported
387
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 Gas221994-10-26 – 2013-03-082 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
CondensateDisposition128,638 bbl$5,935,358
GasProduction1,581,229 Mcf$4,063,071
Total$9,998,428

492,133 Mcf of this lease's gas, across 34 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 30.1629, -96.6839. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.16291, -96.68390 · 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
11,643 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 11,643 ft.

Completions filed
Oct 2011
1 of 1 wells

1 well

42-477307291RE11,643 ftOct 2011

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 (387)

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

387 months

May 2026180314106.413.05$20,110
Apr 202618047098.932.87$19,156
Mar 2026158089.753.15$1,916
Feb 202617251863.503.75$12,865
Jan 202617356859.138.00$14,772
Dec 202535791356.664.41$24,257
Nov 20251881,77258.593.93$17,973
Oct 20253782,83659.383.30$31,818
Sep 20253683,36462.743.08$33,439
Aug 2025023863.933.01$718
Jul 2025057666.743.32$1,910
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202518064667.704.27$14,943
Feb 202501,75170.884.34$7,601
Jan 20251074.324.28$74
Dec 20241816768.993.12$12,696
Nov 202418090669.052.20$14,421
Oct 2024175071.372.28$1,782
Sep 20241861,51769.612.36$16,534
Aug 20241681,71375.632.06$16,241
Jul 20241861,63679.932.15$18,379
Jun 20241741,57378.082.63$17,729
May 20241991,95878.812.20$19,988
Apr 2024154384.451.66$985
Mar 20243641,97980.301.55$32,287
Feb 20241861,94876.091.78$17,627
Jan 20241952,10273.023.30$21,171
Dec 20233702,96171.262.61$34,097
Nov 20231832,75977.892.81$22,000
Oct 20232832,44785.443.09$31,734
Sep 202318262489.042.74$17,912
Aug 20233080.522.67$242
Jul 202319246874.852.64$15,608
Jun 202318285768.962.26$14,486
May 20233692,26070.622.23$31,093
Apr 20231791,63278.122.24$17,636
Mar 202319348372.852.39$15,216
Feb 202318582275.112.47$15,922
Jan 202318042076.533.39$15,198
Dec 2022028776.415.73$1,644
Nov 202216332985.005.65$15,713
Oct 202217836487.185.86$17,652
Sep 202218127384.888.16$17,592
Aug 2022124594.529.13$2,331
Jul 2022183292101.587.54$20,791
Jun 2022184724115.097.98$26,952
May 20221801,636109.378.43$33,483
Apr 20221832,072104.226.84$33,240
Mar 20223772,391108.885.08$53,185
Feb 20221661,70691.054.86$23,403
Jan 202235268281.844.54$31,902
Dec 20213641,63571.323.90$32,336
Nov 20211872,31877.435.24$26,618
Oct 20213693,61279.795.71$50,081
Sep 20215484,54269.865.35$62,587
Aug 20213301,49666.024.22$28,101
Jul 20211791,49470.783.98$18,619
Jun 20215433,69369.493.38$50,218
May 20215444,37363.483.02$47,729
Apr 20215434,86960.362.76$46,206
Mar 20219116,78961.302.72$74,290
Feb 20219086,59957.805.55$89,093
Jan 20211,03410,31250.412.81$81,103
Dec 202001544.642.68$40
Nov 20200038.772.71$0
Oct 20201801,18636.972.48$9,594
Sep 20201771,33037.091.99$9,213
Aug 20201621,52239.982.39$10,107
Jul 20201781,46338.371.83$9,500
Jun 20201791,57434.901.69$8,908
May 20201811,52516.921.81$5,830
Apr 20201921,72414.751.80$5,943
Mar 20201831,89030.341.86$9,060
Feb 20202011,65049.881.98$13,294
Jan 20201801,95257.252.09$14,394
Dec 20193552,21859.012.30$26,060
Nov 20191772,13955.302.75$15,672
Oct 20193612,09353.472.42$24,365
Sep 2019088955.052.66$2,362
Aug 20193641,12453.112.30$21,922
Jul 201917659056.272.46$11,355
Jun 201905452.782.49$135
May 2019049158.482.74$1,346
Apr 20193622,15862.632.75$28,608
Mar 20191852,34656.803.06$17,692
Feb 201901,32150.852.79$3,689
Jan 201918959746.033.23$10,627
Dec 20181863,86046.594.19$24,822
Nov 20181873,14052.934.24$23,203
Oct 201802,07461.443.40$7,048
Sep 20181832,45059.543.11$18,510
Aug 20181854,80059.403.07$25,708
Jul 20181813,76065.142.93$22,814
Jun 20183754,36260.183.08$35,989
May 20181904,38265.382.90$25,134
Apr 20181933,20563.842.90$21,618
Mar 20181741,02361.222.79$13,503
Feb 201802,36561.782.77$6,542
Jan 20181892,00562.874.01$19,921
Dec 20171892,70257.272.92$18,718
Nov 20171962,70855.423.12$19,307
Oct 20173892,89749.292.98$27,818
Sep 201702,95747.523.09$9,129
Aug 20171912,22345.373.00$15,344
Jul 20173742,87743.873.09$25,289
Jun 201701,00142.493.09$3,090
May 20171902,87745.373.26$18,009
Apr 20171893,20647.933.21$19,355
Mar 20173823,35746.772.98$27,882
Feb 20171853,09650.452.95$18,475
Jan 20171953,55449.413.42$21,785
Dec 20161973,67748.763.72$23,295
Nov 20163783,59242.492.64$25,560
Oct 20161933,19746.193.09$18,794
Sep 20161873,18741.553.10$17,652
Aug 20163674,24041.442.92$27,608
Jul 20161873,17541.622.92$17,068
Jun 20161803,39245.352.69$17,273
May 20163724,13642.521.99$24,052
Apr 20161923,28736.561.99$13,564
Mar 20163733,77633.011.79$19,087
Feb 20163744,09426.472.06$18,348
Jan 20161913,60827.352.36$13,754
Dec 20151923,63632.362.00$13,490
Nov 20153813,80238.792.17$23,019
Oct 20151893,62143.552.43$17,018
Sep 20153723,52942.992.76$25,727
Aug 20151884,18040.162.87$19,557
Jul 20153804,74048.152.95$32,257
Jun 20151903,53056.152.88$20,845
May 20153863,98655.212.96$33,091
Apr 20153894,80749.822.71$32,390
Mar 20151914,67942.892.93$21,924
Feb 20153844,02544.662.98$29,129
Jan 20153864,64643.433.10$31,170
Dec 20141984,65154.693.59$27,532
Nov 20143724,49370.464.25$45,315
Oct 20143894,71178.303.90$48,836
Sep 20141914,89086.164.05$36,239
Aug 20143535,32989.394.04$53,058
Jul 20143905,17496.564.18$59,284
Jun 20143865,46698.164.74$63,782
May 20143926,18394.734.73$66,358
Apr 20143805,10695.944.81$61,013
Mar 20143876,09595.895.06$67,931
Feb 20143835,62197.406.19$72,109
Jan 20143825,99590.404.86$63,673
Dec 20133906,07291.824.35$62,250
Nov 20135826,07388.853.74$74,413
Oct 20131756,71097.423.78$42,408
Sep 20133816,488104.113.72$63,787
Aug 20135756,827104.253.52$83,993
Jul 20135608,532102.523.72$89,131
Jun 20135669,44494.403.93$90,578
May 20135719,16394.834.15$92,166
Apr 20133845,73493.964.28$60,637
Mar 20137768,54893.623.91$106,096
Feb 20133908,58491.233.42$64,936
Jan 201378210,19291.603.42$106,487
Dec 201257610,80786.773.42$86,941
Nov 201296411,20386.953.62$124,430
Oct 201275212,65389.383.40$110,230
Sep 201275413,33994.672.92$110,310
Aug 20121913,58792.662.91$28,130
Jul 201294914,14085.133.02$123,502
Jun 201295815,00479.822.52$114,263
May 201294416,42791.612.49$127,355
Apr 20121,15117,633101.652.00$152,209
Mar 20121,54519,466105.052.22$205,557
Feb 20121,51720,110101.102.57$205,056
Jan 20125789,15198.092.73$81,716
Dec 201158212,06796.873.24$95,472
Nov 201158515,75595.723.31$108,165
Oct 201178228,83584.983.65$171,660
Sep 20110083.623.99$0
Aug 20111174383.404.15$9,936
Jul 2011095494.144.52$4,309
Jun 201119092492.904.64$21,938
May 201101,02398.134.40$4,506
Apr 20111911,022105.964.33$24,667
Mar 201101,04496.364.06$4,236
Feb 201119395385.644.18$20,512
Jan 201101,04186.504.59$4,777
Dec 20101961,07885.734.35$21,490
Nov 201001,04580.843.80$3,966
Oct 20101841,11178.103.51$18,269
Sep 201001,12872.633.98$4,489
Aug 201001,13573.684.42$5,016
Jul 20101921,15272.554.74$19,386
Jun 201001,17070.364.91$5,745
May 20101931,14771.124.24$18,584
Apr 2010090281.694.12$3,719
Mar 20101961,04278.394.39$19,937
Feb 2010094773.585.44$5,154
Jan 20101971,02374.365.96$20,750
Dec 200901,06271.445.48$5,824
Nov 200901,12274.593.75$4,209
Oct 20091971,25272.544.11$19,436
Sep 200901,07065.543.06$3,279
Aug 20091891,09567.423.22$16,267
Jul 200901,07761.133.46$3,731
Jun 20091941,18066.163.90$17,431
May 200901,23354.743.93$4,840
Apr 20091971,18946.773.59$13,479
Mar 2009079242.144.06$3,215
Feb 200919380432.814.63$10,057
Jan 2009084435.865.37$4,533
Dec 200819793537.105.98$12,897
Nov 200801,06455.496.86$7,299
Oct 20081961,24075.246.92$23,330
Sep 20081941,059101.767.88$28,083
Aug 200801,259114.228.48$10,680
Jul 20081931,270131.0811.39$39,763
Jun 200801,287131.3313.03$16,773
May 20081941,374123.1711.57$39,798
Apr 200801,259110.3110.45$13,163
Mar 20081961,274101.909.66$32,284
Feb 20081961,19992.538.77$28,652
Jan 200801,28590.388.21$10,544
Dec 20071971,38088.337.30$27,478
Nov 200701,32291.677.29$9,640
Oct 20071951,46782.856.92$26,310
Sep 20071931,39375.846.24$23,335
Aug 200701,54469.066.39$9,863
Jul 20071941,58570.906.39$23,879
Jun 200701,58862.007.55$11,987
May 20071941,66258.747.85$24,436
Apr 20071951,63459.617.81$24,378
Mar 20071961,73456.927.30$23,818
Feb 20071971,57355.108.22$23,778
Jan 20071971,75850.306.73$21,735
Dec 200611,86156.656.92$12,932
Nov 200641,55254.207.62$12,039
Oct 20061991,18754.906.01$18,063
Sep 20061791,39460.085.04$17,776
Aug 20061981,46968.717.34$24,387
Jul 200601,32169.376.34$8,379
Jun 20061981,38766.286.38$21,978
May 20061981,50366.016.42$22,727
Apr 20061991,48364.397.36$23,729
Mar 20062001,91956.707.08$24,932
Feb 200601,18557.597.75$9,185
Jan 20062011,56260.598.93$26,132
Dec 20052011,67254.9413.42$33,473
Nov 20051821,57354.6910.59$26,609
Oct 20051991,67258.3413.80$34,676
Sep 20051971,71861.4512.08$32,857
Aug 20051871,69261.519.80$28,079
Jul 20051951,74955.697.84$24,578
Jun 20051961,96052.337.38$24,724
May 20052001,94945.226.65$22,007
Apr 20052001,85749.207.36$23,508
Mar 20052001,69850.377.15$22,223
Feb 20052011,76745.226.31$20,242
Jan 20051981,75443.166.32$19,635
Dec 20042021,97339.866.75$21,372
Nov 20042011,92945.286.33$21,313
Oct 20041751,52049.706.52$18,600
Sep 20043852,21243.245.28$28,335
Aug 20042023,32642.375.55$27,020
Jul 20041993,45538.286.08$28,639
Jun 20043992,95236.106.43$33,394
May 20043903,13337.486.49$34,965
Apr 20041993,16834.475.86$25,419
Mar 20043933,40534.365.53$32,334
Feb 20044003,27632.455.51$31,030
Jan 20043983,64432.036.30$35,704
Dec 20033993,81230.266.30$36,096
Nov 20033953,77428.804.60$28,718
Oct 20033954,10728.174.76$30,675
Sep 20035754,22226.314.75$35,180
Aug 20033714,67429.765.13$35,017
Jul 20037844,69429.415.17$47,329
Jun 20033734,58728.565.98$38,097
May 20032013,59026.595.97$26,787
Apr 200314918226.675.41$4,958
Mar 20031741,81031.146.10$16,452
Feb 20031801,68233.487.93$19,358
Jan 20031851,83930.315.58$15,873
Dec 20021721,83726.914.85$13,545
Nov 20021471,84824.664.14$11,270
Oct 20021751,95126.464.23$12,882
Sep 20021831,98127.443.64$12,223
Aug 20021862,02625.963.16$11,239
Jul 20021612,03824.583.06$10,197
Jun 20021822,09723.733.34$11,319
May 20023572,24924.663.58$16,864
Apr 20021641,64023.653.51$9,639
Mar 20021851,75122.003.10$9,503
Feb 20021732,05618.222.38$8,036
Jan 20023452,27417.172.38$11,326
Dec 200102,29816.932.36$5,433
Nov 20013542,31918.072.41$11,975
Oct 20011862,41619.782.53$9,789
Sep 20011831,53924.262.25$7,904
Aug 20011662,18124.873.05$10,787
Jul 20011722,22623.933.20$11,233
Jun 20011882,00824.563.82$12,296
May 20013602,46925.524.31$19,822
Apr 20011782,82424.685.34$19,460
Mar 20013693,03824.545.38$25,389
Feb 20011872,31827.755.77$18,557
Jan 20011782,30127.478.40$24,215
Dec 20001842,60426.889.12$28,701
Nov 20003692,63832.215.66$26,811
Oct 20003942,99931.235.15$27,736
Sep 200002,71131.875.19$14,061
Aug 20001882,70229.644.54$17,841
Jul 20003832,75928.534.09$22,211
Jun 20001852,99329.304.40$18,581
May 20001812,75427.263.68$15,068
Apr 20003753,06424.513.12$18,739
Mar 20001903,29828.422.86$14,831
Feb 20001863,13627.622.73$13,688
Jan 20007224,18025.272.48$28,613
Dec 19993614,09924.282.42$18,700
Nov 19991823,38923.192.43$12,469
Oct 19991783,23420.982.80$12,802
Sep 19991773,33121.752.62$12,573
Aug 19995303,04319.262.88$18,958
Jul 199902,55917.892.37$6,071
Jun 19993502,93015.942.36$12,500
May 19993524,11815.792.32$15,116
Apr 19993583,46015.102.21$13,046
Mar 19993583,66912.471.84$11,209
Feb 19993533,5489.981.82$9,972
Jan 19991663,33310.381.90$8,056
Dec 19983672,8869.201.77$8,494
Nov 19981742,98310.892.19$8,415
Oct 19983622,81812.421.97$10,045
Sep 19981762,87712.592.08$8,208
Aug 19983563,19511.301.91$10,117
Jul 19983573,13511.742.24$11,205
Jun 19981793,18211.242.24$9,131
May 19983553,49912.622.21$12,200
Apr 19983543,53813.042.51$13,480
Mar 19985443,74812.802.31$15,619
Feb 19983543,28313.952.30$12,486
Jan 19983633,88614.702.15$13,710
Dec 19971843,93216.322.41$12,483
Nov 19973553,78118.193.09$18,134
Oct 19976854,31719.253.15$26,784
Sep 19971784,73817.742.95$17,158
Aug 19973434,90717.862.55$18,662
Jul 19975315,30117.582.25$21,246
Jun 19975335,58217.242.26$21,789
May 19973555,71318.972.31$19,923
Apr 19975385,91917.882.08$21,947
Mar 19975226,16018.951.94$21,837
Feb 19975446,28520.492.21$25,011
Jan 19977146,36023.483.54$39,277
Dec 19963615,23923.32$8,419
Nov 19963624,82221.97$7,953
Oct 19966995,13423.31$16,294
Sep 19963675,22622.22$8,155
Aug 19965356,34420.26$10,839
Jul 19967097,85619.55$13,861
Jun 19967097,90618.73$13,280
May 19967117,85219.43$13,815
Apr 19967177,38221.51$15,423
Mar 19967207,87219.38$13,954
Feb 19967227,13316.98$12,260
Jan 19967119,27117.07$12,137
Dec 19951,09110,19117.19$18,754
Nov 199572810,20216.00$11,648
Oct 19958589,81215.43$13,239
Sep 19959059,67616.18$14,643
Aug 19951,25510,83615.92$19,980
Jul 19951,09412,03615.24$16,673
Jun 19951,25712,77416.41$20,627
May 19951,44614,91517.56$25,392
Apr 19951,61816,36617.73$28,687
Mar 19952,00018,40516.44$32,880
Feb 19957728,42116.58$12,800
Jan 19955395,87215.92$8,581
Dec 199454712,31715.03$8,221
Nov 199490613,06315.90$14,405
Oct 199492114,07215.58$14,349
Sep 199471914,78615.29$10,994
Aug 19941,07314,82616.13$17,307
Jul 199488519,83917.56$15,541
Jun 19941,76827,10217.09$30,215
May 19941,79240,09715.88$28,457
Apr 19944,30367,32714.14$60,844
Mar 19942,34747,16112.46$29,244

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           180 bbl  × $106.41 =    $19,154
Gas                  314 Mcf  × $  3.05 =       $956

────────────────────────────────────────────────────
Month total                                  $20,110

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/149219 is the state's own key, not one this site invented.