WELLMAN OL

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 149289District 03Field 34733500CondensateGasSave
Value, all time
$14.4 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

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
CondensateDisposition105,428 bbl$1,943,718
GasProduction13,243,059 Mcf$12,439,032
Total$14,382,751

9,380,198 Mcf of this lease's gas, across 33 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 30.4930, -96.0860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.49297, -96.08599 · 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
14,973 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 14,973 ft.

Completions filed
Dec 1994
1 of 1 wells

1 well

42-185304461H14,973 ftDec 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 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20203016.921.81$51
Apr 202055414.751.80$171
Mar 20205030.341.86$152
Feb 20205049.881.98$249
Jan 20200557.252.09$10
Dec 20191659.012.30$73
Nov 201904255.302.75$116
Oct 201911353.472.42$85
Sep 201902555.052.66$66
Aug 201909653.112.30$221
Jul 201905756.272.46$140
Jun 201913152.782.49$130
May 201902958.482.74$79
Apr 2019022662.632.75$622
Mar 2019018956.803.06$579
Feb 201906950.852.79$193
Jan 20190146.033.23$3
Dec 20180046.594.19$0
Nov 20181052.934.24$53
Oct 20180061.443.40$0
Sep 201806359.543.11$196
Aug 2018120459.403.07$685
Jul 2018020665.142.93$604
Jun 2018019760.183.08$606
May 2018021865.382.90$632
Apr 2018021863.842.90$632
Mar 2018022961.222.79$638
Feb 2018020761.782.77$573
Jan 2018319562.874.01$970
Dec 2017018657.272.92$543
Nov 2017019555.423.12$608
Oct 2017013949.292.98$415
Sep 20170047.523.09$0
Aug 2017016045.373.00$481
Jul 2017021843.873.09$673
Jun 2017022942.493.09$707
May 2017021145.373.26$689
Apr 2017021947.933.21$703
Mar 2017023746.772.98$707
Feb 2017020950.452.95$617
Jan 2017024749.413.42$844
Dec 2016026848.763.72$998
Nov 2016026342.492.64$695
Oct 2016026046.193.09$803
Sep 2016024341.553.10$753
Aug 2016028641.442.92$836
Jul 2016026641.622.92$778
Jun 2016019445.352.69$521
May 2016022442.521.99$446
Apr 2016018236.561.99$362
Mar 2016026433.011.79$474
Feb 2016026126.472.06$539
Jan 20164727027.352.36$1,924
Dec 2015028532.362.00$570
Nov 2015027138.792.17$587
Oct 2015025543.552.43$619
Sep 2015024242.992.76$668
Aug 2015027140.162.87$778
Jul 2015029048.152.95$854
Jun 2015027156.152.88$781
May 2015027055.212.96$798
Apr 2015024749.822.71$669
Mar 2015022342.892.93$654
Feb 2015018044.662.98$536
Jan 2015017543.433.10$543
Dec 2014018354.693.59$657
Nov 2014021470.464.25$910
Oct 2014017678.303.90$687
Sep 2014024186.164.05$975
Aug 2014030989.394.04$1,247
Jul 2014030396.564.18$1,266
Jun 2014028098.164.74$1,326
May 2014032794.734.73$1,546
Apr 2014032595.944.81$1,563
Mar 2014033795.895.06$1,704
Feb 2014031597.406.19$1,950
Jan 2014034490.404.86$1,672
Dec 2013034791.824.35$1,511
Nov 2013031388.853.74$1,170
Oct 2013032197.423.78$1,213
Sep 201378312104.113.72$9,281
Aug 20130349104.253.52$1,229
Jul 20130353102.523.72$1,312
Jun 2013035394.403.93$1,388
May 2013036194.834.15$1,498
Apr 2013022393.964.28$955
Mar 2013029893.623.91$1,166
Feb 2013032991.233.42$1,125
Jan 2013037691.603.42$1,286
Dec 2012036886.773.42$1,259
Nov 2012036186.953.62$1,309
Oct 2012037089.383.40$1,258
Sep 2012036794.672.92$1,071
Aug 2012034692.662.91$1,006
Jul 2012035585.133.02$1,072
Jun 2012037179.822.52$935
May 2012038491.612.49$956
Apr 20120381101.652.00$761
Mar 20120399105.052.22$887
Feb 20120375101.102.57$964
Jan 2012042398.092.73$1,157
Dec 2011042696.873.24$1,380
Nov 20114540695.723.31$5,652
Oct 2011042184.983.65$1,536
Sep 2011040283.623.99$1,602
Aug 2011038283.404.15$1,585
Jul 2011037794.144.52$1,703
Jun 2011036992.904.64$1,712
May 2011039398.134.40$1,731
Apr 20110695105.964.33$3,012
Mar 20117270196.364.06$9,782
Feb 2011059985.644.18$2,504
Jan 2011055686.504.59$2,551
Dec 2010045785.734.35$1,987
Nov 2010043980.843.80$1,666
Oct 2010037278.103.51$1,305
Sep 2010043072.633.98$1,711
Aug 2010043773.684.42$1,931
Jul 2010030072.554.74$1,421
Jun 2010032770.364.91$1,606
May 2010046371.124.24$1,961
Apr 2010031981.694.12$1,315
Mar 2010037578.394.39$1,646
Feb 2010053773.585.44$2,923
Jan 2010068874.365.96$4,103
Dec 20096843171.445.48$7,221
Nov 2009054274.593.75$2,033
Oct 200901,00572.544.11$4,131
Sep 200902,29665.543.06$7,037
Aug 2009034567.423.22$1,110
Jul 2009967061.133.46$2,871
Jun 20091422,90066.163.90$20,690
May 200933,49254.743.93$13,873
Apr 200903,73946.773.59$13,414
Mar 2009682,91242.144.06$14,685
Feb 200913,14332.814.63$14,594
Jan 200933,84735.865.37$20,770
Dec 20081423,58937.105.98$26,720
Nov 200803,50955.496.86$24,073
Oct 200813,36575.246.92$23,368
Sep 200802,129101.767.88$16,770
Aug 20081353,189114.228.48$42,472
Jul 200803,794131.0811.39$43,212
Jun 200812,699131.3313.03$35,306
May 200844,299123.1711.57$50,251
Apr 20081773,862110.3110.45$59,902
Mar 200814,201101.909.66$40,701
Feb 200834,10892.538.77$36,307
Jan 2008634,22990.388.21$40,396
Dec 200714,19988.337.30$30,749
Nov 20071403,92891.677.29$41,476
Oct 200724,72982.856.92$32,900
Sep 200714,53675.846.24$28,399
Aug 200704,67369.066.39$29,851
Jul 20071324,45470.906.39$37,811
Jun 200714,12962.007.55$31,230
May 200714,16058.747.85$32,699
Apr 200703,72659.617.81$29,082
Mar 20071023,17756.927.30$29,004
Feb 200701,73755.108.22$14,271
Jan 2007851,46550.306.73$14,130
Dec 200601,52956.656.92$10,578
Nov 200601,21054.207.62$9,217
Oct 200601,24254.906.01$7,469
Sep 200601,07060.085.04$5,390
Aug 2006071568.717.34$5,248
Jul 200601,56369.376.34$9,914
Jun 200601,71066.286.38$10,916
May 200611,54866.016.42$10,012
Apr 20061011,98264.397.36$21,092
Mar 200601,68356.707.08$11,921
Feb 200611,71657.597.75$13,359
Jan 200602,63160.598.93$23,504
Dec 200512,29054.9413.42$30,776
Nov 20051221,91254.6910.59$26,917
Oct 200502,34358.3413.80$32,323
Sep 200502,56061.4512.08$30,922
Aug 2005362,91961.519.80$30,811
Jul 200504,26255.697.84$33,430
Jun 200502,54952.337.38$18,814
May 200512,31145.226.65$15,416
Apr 200502,29349.207.36$16,878
Mar 200502,74350.377.15$19,626
Feb 20051281,83345.226.31$17,358
Jan 200502,66943.166.32$16,874
Dec 2004424,24239.866.75$30,312
Nov 200414,12845.286.33$26,177
Oct 2004157,25249.706.52$47,993
Sep 2004967,87243.245.28$45,746
Aug 200409,36442.375.55$51,976
Jul 200417310,49238.286.08$70,458
Jun 200408,74036.106.43$56,225
May 2004432,01237.486.49$14,679
Apr 200403,59734.475.86$21,073
Mar 200409,00934.365.53$49,821
Feb 2004772,61532.455.51$16,906
Jan 200402,69332.036.30$16,965
Dec 20039110,75330.266.30$70,515
Nov 200313211,20528.804.60$55,290
Oct 2003427,30928.174.76$35,971
Sep 200311552026.314.75$5,495
Aug 200301,50329.765.13$7,710
Jul 200307,64729.415.17$39,541
Jun 200304,64428.565.98$27,785
May 20031328,27026.595.97$52,904
Apr 2003014,16226.675.41$76,578
Mar 200319714,38831.146.10$93,844
Feb 20038513,35633.487.93$108,704
Jan 200312412,07630.315.58$71,167
Dec 200212415,46026.914.85$78,376
Nov 2002017,93124.664.14$74,180
Oct 200212419,85926.464.23$87,267
Sep 2002018,65127.443.64$67,800
Aug 200223921,31025.963.16$73,633
Jul 200212012,81524.583.06$42,186
Jun 2002015,35023.733.34$51,242
May 200211720,84824.663.58$77,604
Apr 2002020,58323.653.51$72,294
Mar 200224522,96122.003.10$76,632
Feb 2002016,94418.222.38$40,254
Jan 200221619,50517.172.38$50,046
Dec 200108,65316.932.36$20,459
Nov 200111522,12218.072.41$55,293
Oct 2001026,94519.782.53$68,141
Sep 20011686,59024.262.25$18,912
Aug 2001019,63024.873.05$59,934
Jul 200101,37723.933.20$4,402
Jun 20011188,42924.563.82$35,132
May 200126635,65125.524.31$160,349
Apr 200112835,26524.685.34$191,309
Mar 200112138,31124.545.38$208,946
Feb 2001035,75827.755.77$206,219
Jan 200123638,12727.478.40$326,702
Dec 200012035,38026.889.12$325,980
Nov 2000024,84932.215.66$140,596
Oct 200012024,88331.235.15$131,783
Sep 2000035,28531.875.19$183,006
Aug 200011636,26929.644.54$168,127
Jul 2000037,16428.534.09$151,991
Jun 200010335,89529.304.40$160,857
May 20008913,11727.263.68$50,693
Apr 2000010,24224.513.12$31,914
Mar 200011717,48028.422.86$53,314
Feb 200011625,76727.622.73$73,458
Jan 200023130,17025.272.48$80,674
Dec 199911434,09924.282.42$85,414
Nov 199922536,06723.192.43$93,004
Oct 199911340,07620.982.80$114,732
Sep 199922735,85321.752.62$98,831
Aug 199923044,88019.262.88$133,487
Jul 199923445,36317.892.37$111,804
Jun 199923650,88315.942.36$123,953
May 199923454,07015.792.32$129,192
Apr 199923259,40815.102.21$134,679
Mar 199922670,41012.471.84$132,255
Feb 199926964,3289.981.82$119,619
Jan 199918410,96810.381.90$22,749
Dec 199835867,2309.201.77$122,514
Nov 199811767,31810.892.19$148,412
Oct 199834674,44212.421.97$150,889
Sep 199823019,39412.592.08$43,286
Aug 199823282,01311.301.91$159,049
Jul 199834984,65911.742.24$193,502
Jun 199834384,27211.242.24$192,395
May 199822480,83912.622.21$181,185
Apr 199833874,26213.042.51$190,458
Mar 199834188,82312.802.31$209,496
Feb 199821179,34113.952.30$185,359
Jan 199819950,60614.702.15$111,971
Dec 1997587113,90716.322.41$284,221
Nov 1997476129,62218.193.09$408,965
Oct 1997452119,03119.253.15$383,627
Sep 1997570103,31717.742.95$315,401
Aug 1997671195,21217.862.55$510,700
Jul 1997475122,97917.582.25$284,677
Jun 199789844,83317.242.26$116,679
May 199793449,32818.972.31$131,592
Apr 199761893,15517.882.08$205,071
Mar 19971,08766,11018.951.94$148,795
Feb 1997835108,40020.492.21$256,229
Jan 19971,258117,99623.483.54$447,208
Dec 19961,021129,28823.32$23,810
Nov 1996876147,00721.97$19,246
Oct 19961,654166,56323.31$38,555
Sep 19961,830163,60322.22$40,663
Aug 19961,390172,05820.26$28,161
Jul 19961,405198,08119.55$27,468
Jun 19961,022200,08918.73$19,142
May 19961,387227,81619.43$26,949
Apr 19961,218227,96121.51$26,199
Mar 19961,370263,24819.38$26,551
Feb 19961,695137,58816.98$28,781
Jan 19961,906286,00517.07$32,535
Dec 19952,132284,76217.19$36,649
Nov 19952,216288,70316.00$35,456
Oct 19951,781327,07315.43$27,481
Sep 19951,992370,07116.18$32,231
Aug 19952,389384,59315.92$38,033
Jul 199575391,71715.24$11,476
Jun 19951,620169,74316.41$26,584
May 19951,437166,70717.56$25,234
Apr 1995735144,54617.73$13,032
Mar 19951,679325,79116.44$27,603
Feb 19952,760388,32616.58$45,761
Jan 19953,086485,89615.92$49,129
Dec 19942,066332,14415.03$31,052
Nov 19940015.90$0
Oct 19944,027322,53815.58$62,741
Sep 19945,819461,06015.29$88,973
Aug 19946,863445,95816.13$110,700
Jul 19947,748513,03617.56$136,055
Jun 19946,690528,39917.09$114,332
May 19946,718545,66915.88$106,682
Apr 19943,588401,94514.14$50,734
Mar 19941,22382,21412.46$15,239

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 2020 — as filed, then multipliedworked
Condensate             3 bbl  × $ 16.92 =        $51
Gas                    0 Mcf  × $  1.81 =         $0

────────────────────────────────────────────────────
Month total                                      $51

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/149289 is the state's own key, not one this site invented.