TALLEY-MITCHELL 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 149221District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.2 M
Mar 1994 – May 2026
Value, last 12 filed months
$0
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 Gas111994-12-01130762
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
CondensateDisposition180,357 bbl$3,383,979
GasProduction3,607,285 Mcf$3,798,955
Total$7,182,934

2,700,149 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 30.4917, -96.1542. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.49175, -96.15423 · 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
15,341 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 15,341 ft.

Completions filed
Mar 1994
1 of 1 wells

1 well

42-04131798115,341 ftMar 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 (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 202600106.413.05$0
Apr 20260098.932.87$0
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 20250063.933.01$0
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 20250070.884.34$0
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 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202393085.443.09$7,946
Sep 202302089.042.74$55
Aug 2023079280.522.67$2,117
Jul 20230074.852.64$0
Jun 20230268.962.26$5
May 20230070.622.23$0
Apr 2023077278.122.24$1,728
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230276.533.39$7
Dec 2022059976.415.73$3,432
Nov 20220085.005.65$0
Oct 2022029487.185.86$1,724
Sep 20220084.888.16$0
Aug 2022025794.529.13$2,346
Jul 202200101.587.54$0
Jun 20220842115.097.98$6,717
May 202200109.378.43$0
Apr 2022025104.226.84$171
Mar 202200108.885.08$0
Feb 202207391.054.86$355
Jan 2022044581.844.54$2,019
Dec 2021016871.323.90$655
Nov 20210077.435.24$0
Oct 2021065979.795.71$3,765
Sep 202183069.865.35$5,798
Aug 20210066.024.22$0
Jul 2021049570.783.98$1,971
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021032060.362.76$883
Mar 2021050161.302.72$1,361
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202008444.642.68$225
Nov 2020048338.772.71$1,307
Oct 202003136.972.48$77
Sep 2020036737.091.99$731
Aug 2020057939.982.39$1,381
Jul 20200038.371.83$0
Jun 2020037034.901.69$625
May 20200016.921.81$0
Apr 2020061414.751.80$1,108
Mar 20200030.341.86$0
Feb 2020051949.881.98$1,028
Jan 202017911557.252.09$10,489
Dec 2019018859.012.30$433
Nov 2019050955.302.75$1,400
Oct 2019018753.472.42$452
Sep 2019040055.052.66$1,063
Aug 2019048153.112.30$1,108
Jul 20190056.272.46$0
Jun 2019057052.782.49$1,420
May 20190058.482.74$0
Apr 2019062562.632.75$1,719
Mar 20190056.803.06$0
Feb 201901750.852.79$47
Jan 20190046.033.23$0
Dec 2018044746.594.19$1,871
Nov 20180052.934.24$0
Oct 2018051961.443.40$1,764
Sep 20180059.543.11$0
Aug 201801859.403.07$55
Jul 2018049265.142.93$1,442
Jun 201801960.183.08$58
May 2018035865.382.90$1,038
Apr 201805063.842.90$145
Mar 2018435361.222.79$1,229
Feb 201817834561.782.77$11,951
Jan 2018012262.874.01$489
Dec 2017059557.272.92$1,738
Nov 201704855.423.12$150
Oct 2017048149.292.98$1,435
Sep 2017056547.523.09$1,744
Aug 20170545.373.00$15
Jul 2017047143.873.09$1,454
Jun 2017033842.493.09$1,044
May 2017045445.373.26$1,482
Apr 2017034147.933.21$1,095
Mar 2017068546.772.98$2,044
Feb 2017060150.452.95$1,775
Jan 20170349.413.42$10
Dec 20160348.763.72$11
Nov 2016076442.492.64$2,020
Oct 2016030546.193.09$943
Sep 2016031541.553.10$977
Aug 2016090841.442.92$2,655
Jul 2016062041.622.92$1,813
Jun 2016038445.352.69$1,031
May 2016030142.521.99$599
Apr 2016033736.561.99$671
Mar 2016032933.011.79$590
Feb 2016032726.472.06$675
Jan 2016034527.352.36$816
Dec 2015034932.362.00$698
Nov 2015032738.792.17$709
Oct 2015035843.552.43$869
Sep 2015039942.992.76$1,101
Aug 2015038840.162.87$1,115
Jul 2015044948.152.95$1,322
Jun 2015047156.152.88$1,358
May 2015040855.212.96$1,206
Apr 20159837549.822.71$5,897
Mar 2015036742.892.93$1,077
Feb 2015034944.662.98$1,039
Jan 2015038743.433.10$1,200
Dec 2014040854.693.59$1,465
Nov 2014039170.464.25$1,662
Oct 2014046978.303.90$1,830
Sep 2014047186.164.05$1,905
Aug 2014048189.394.04$1,941
Jul 2014050096.564.18$2,090
Jun 2014048898.164.74$2,312
May 2014059294.734.73$2,798
Apr 2014048095.944.81$2,308
Mar 2014051795.895.06$2,614
Feb 2014045997.406.19$2,842
Jan 2014047290.404.86$2,294
Dec 2013042591.824.35$1,851
Nov 2013046588.853.74$1,738
Oct 2013054097.423.78$2,041
Sep 20130509104.113.72$1,892
Aug 20130517104.253.52$1,821
Jul 20130571102.523.72$2,123
Jun 2013061694.403.93$2,423
May 2013060694.834.15$2,514
Apr 2013049593.964.28$2,120
Mar 2013052893.623.91$2,066
Feb 2013037991.233.42$1,296
Jan 2013028591.603.42$975
Dec 2012056486.773.42$1,929
Nov 2012067986.953.62$2,461
Oct 2012072289.383.40$2,455
Sep 2012067394.672.92$1,964
Aug 2012079692.662.91$2,315
Jul 2012081985.133.02$2,474
Jun 2012084979.822.52$2,139
May 2012099491.612.49$2,473
Apr 20120928101.652.00$1,853
Mar 20120995105.052.22$2,211
Feb 20120867101.102.57$2,228
Jan 2012088998.092.73$2,431
Dec 2011080296.873.24$2,598
Nov 2011097295.723.31$3,219
Oct 201101,86884.983.65$6,815
Sep 20111921,61383.623.99$22,484
Aug 201101,89083.404.15$7,842
Jul 201101,99794.144.52$9,021
Jun 201101,00792.904.64$4,672
May 201101,50298.134.40$6,616
Apr 20111921,240105.964.33$25,718
Mar 201102,00196.364.06$8,119
Feb 201101,69785.644.18$7,093
Jan 20111952,27786.504.59$27,316
Dec 201002,40985.734.35$10,474
Nov 2010094180.843.80$3,571
Oct 20101892,01578.103.51$21,831
Sep 201003,54272.633.98$14,095
Aug 201001,52873.684.42$6,753
Jul 20101901,95472.554.74$23,040
Jun 201002,05470.364.91$10,086
May 20101922,87671.124.24$25,836
Apr 201002,08881.694.12$8,608
Mar 201002,10378.394.39$9,229
Feb 201001,61673.585.44$8,795
Jan 20101941,99174.365.96$26,300
Dec 200901,79871.445.48$9,860
Nov 200901,50674.593.75$5,650
Oct 200901,51472.544.11$6,223
Sep 200902,23665.543.06$6,853
Aug 2009592,47867.423.22$11,953
Jul 200901,99861.133.46$6,922
Jun 200902,72866.163.90$10,626
May 20091932,53654.743.93$20,521
Apr 200903,17046.773.59$11,372
Mar 20091983,57342.144.06$22,847
Feb 200902,77332.814.63$12,847
Jan 200902,26535.865.37$12,165
Dec 20081852,80537.105.98$23,629
Nov 200802,26155.496.86$15,511
Oct 200802,16075.246.92$14,951
Sep 200801,979101.767.88$15,589
Aug 200802,487114.228.48$21,097
Jul 200802,492131.0811.39$28,382
Jun 200802,226131.3313.03$29,011
May 20081572,910123.1711.57$53,019
Apr 200802,367110.3110.45$24,747
Mar 200802,757101.909.66$26,644
Feb 20081812,44192.538.77$38,157
Jan 200803,10490.388.21$25,471
Dec 200702,21088.337.30$16,137
Nov 20071842,93491.677.29$38,261
Oct 200702,33282.856.92$16,142
Sep 200702,49775.846.24$15,592
Aug 200702,66069.066.39$16,992
Jul 20071812,77770.906.39$30,572
Jun 200703,41462.007.55$25,770
May 20071815,34658.747.85$52,578
Apr 200703,47559.617.81$27,123
Mar 20071821,99456.927.30$24,920
Feb 200701,75855.108.22$14,444
Jan 200701,87750.306.73$12,626
Dec 200601,21556.656.92$8,406
Nov 200601,64754.207.62$12,546
Oct 20061702,45254.906.01$24,079
Sep 200602,32960.085.04$11,732
Aug 200602,31968.717.34$17,021
Jul 200642,97469.376.34$19,141
Jun 20061782,00166.286.38$24,572
May 20061843,40366.016.42$34,010
Apr 200602,95964.397.36$21,780
Mar 20061853,91056.707.08$38,184
Feb 200603,32357.597.75$25,757
Jan 20061903,70460.598.93$44,601
Dec 200503,29954.9413.42$44,257
Nov 20051853,61554.6910.59$48,395
Oct 20051834,06758.3413.80$66,784
Sep 200515,04161.4512.08$60,952
Aug 20051823,91461.519.80$49,540
Jul 20051844,95855.697.84$49,136
Jun 200515,40452.337.38$39,939
May 20053686,22445.226.65$58,038
Apr 20051857,32849.207.36$63,040
Mar 200556611,65650.377.15$111,907
Feb 200537111,58145.226.31$89,875
Jan 200536610,03743.166.32$79,252
Dec 200447,92839.866.75$53,682
Nov 20041913,08345.286.33$28,165
Oct 20041862,63149.706.52$26,385
Sep 200421,48343.245.28$7,923
Aug 200431,22442.375.55$6,921
Jul 200441,59238.286.08$9,839
Jun 20041933,13936.106.43$27,161
May 200412,54737.486.49$16,579
Apr 20041914,01334.475.86$30,094
Mar 20041924,10134.365.53$29,276
Feb 200403,80632.455.51$20,970
Jan 20041901,62432.036.30$16,316
Dec 200303,06630.266.30$19,321
Nov 20031902,83228.804.60$18,485
Oct 20031874,15928.174.76$25,063
Sep 200312,06826.314.75$9,848
Aug 20031912,34229.765.13$17,698
Jul 200325,95729.415.17$30,862
Jun 20033581,75528.565.98$20,725
May 20031882,01826.595.97$17,052
Apr 200302,05226.675.41$11,096
Mar 200363,38431.146.10$20,816
Feb 200343,96433.487.93$31,552
Jan 20031764,08430.315.58$28,132
Dec 20021914,53326.914.85$27,142
Nov 200202,58224.664.14$10,682
Oct 20023544,86326.464.23$29,933
Sep 200204,23127.443.64$15,381
Aug 20021914,65725.963.16$19,694
Jul 20023525,56324.583.06$25,685
Jun 200204,69023.733.34$15,656
May 20023543,93624.663.58$22,836
Apr 200262,84323.653.51$10,127
Mar 200263,09022.003.10$9,719
Feb 20022004,50718.222.38$14,351
Jan 20023632,20817.172.38$11,478
Dec 200103,31516.932.36$7,838
Nov 20011943,01418.072.41$10,756
Oct 20011925,20719.782.53$16,966
Sep 2001104,80624.262.25$11,062
Aug 20011794,49024.873.05$18,160
Jul 20013585,01823.933.20$24,610
Jun 200102,01824.563.82$7,717
May 20013566,55025.524.31$37,298
Apr 200106,58724.685.34$35,144
Mar 20013664,88224.545.38$35,229
Feb 200102,63327.755.77$15,185
Jan 20011893,87827.478.40$37,762
Dec 20003582,51026.889.12$32,521
Nov 200003,25932.215.66$18,439
Oct 20001815,21431.235.15$32,481
Sep 20001785,66031.875.19$35,028
Aug 20001773,32729.644.54$20,353
Jul 20001785,07428.534.09$25,830
Jun 20001803,61329.304.40$21,161
May 200003,43827.263.68$12,651
Apr 20003595,09524.513.12$24,675
Mar 20003636,65528.422.86$29,348
Feb 200005,23527.622.73$14,273
Jan 20001745,97725.272.48$19,223
Dec 19991864,26524.282.42$14,853
Nov 199905,19923.192.43$12,654
Oct 19993676,26720.982.80$25,271
Sep 199919123721.752.62$4,775
Aug 19993706,26019.262.88$25,127
Jul 199906,23017.892.37$14,780
Jun 19993575,69915.942.36$19,152
May 199906,40215.792.32$14,859
Apr 19991796,19715.102.21$16,386
Mar 19991916,68412.471.84$14,669
Feb 19991906,0509.981.82$12,894
Jan 19991926,98410.381.90$15,262
Dec 19983776,9619.201.77$15,812
Nov 19981836,97110.892.19$17,230
Oct 19981867,19012.421.97$16,469
Sep 19983548,66612.592.08$22,505
Aug 19981746,08111.301.91$13,565
Jul 19983658,32911.742.24$22,919
Jun 199816912,92811.242.24$30,823
May 199855511,92312.622.21$33,310
Apr 19981787,39313.042.51$20,843
Mar 199871613,74512.802.31$40,908
Feb 19983709,14413.952.30$26,185
Jan 199853511,15014.702.15$31,890
Dec 199755013,75016.322.41$42,129
Nov 19973649,51918.193.09$36,018
Oct 199754011,54219.253.15$46,750
Sep 199735414,37917.742.95$48,768
Aug 199737117,65817.862.55$51,738
Jul 199772816,88917.582.25$50,747
Jun 199736515,24117.242.26$40,695
May 199736519,33718.972.31$51,564
Apr 199772819,98017.882.08$54,631
Mar 199754123,04618.951.94$54,941
Feb 199754921,17320.492.21$57,955
Jan 199772321,75723.483.54$93,989
Dec 199657523,66423.32$13,409
Nov 199673525,71621.97$16,148
Oct 19961,07824,15123.31$25,128
Sep 199671626,33722.22$15,910
Aug 19961,07128,55120.26$21,698
Jul 19961,07234,22219.55$20,958
Jun 199689630,63918.73$16,782
May 19961,08436,21019.43$21,062
Apr 19961,27427,76221.51$27,404
Mar 19961,82834,79219.38$35,427
Feb 19961,47630,97816.98$25,062
Jan 19961,12839,18317.07$19,255
Dec 19951,50839,63517.19$25,923
Nov 19951,97445,23616.00$31,584
Oct 19951,64948,07515.43$25,444
Sep 19951,48041,18216.18$23,946
Aug 19952,54962,27115.92$40,580
Jul 19953,11569,52615.24$47,473
Jun 19952,89971,06616.41$47,573
May 19954,02086,02517.56$70,591
Apr 19953,11161,47517.73$55,158
Mar 19954,38578,68016.44$72,089
Feb 19954,19581,56416.58$69,553
Jan 19955,627104,60615.92$89,582
Dec 19947,002124,79515.03$105,240
Nov 19948,065140,73915.90$128,234
Oct 19948,809170,64515.58$137,244
Sep 199410,273176,30415.29$157,074
Aug 199411,923180,65316.13$192,318
Jul 199413,813201,39817.56$242,556
Jun 199416,337212,59217.09$279,199
May 199411,457154,63615.88$181,937
Apr 199414,658175,85914.14$207,264
Mar 199436010,98212.46$4,486

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.

Oct 2023 — as filed, then multipliedworked
Condensate            93 bbl  × $ 85.44 =     $7,946
Gas                    0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $7,946

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/149221 is the state's own key, not one this site invented.