OLDENBURG C

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 149291District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Mar 1994 – May 2026
Value, last 12 filed months
$21 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 Gas111994-06-30130169
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
CondensateDisposition59,027 bbl$1,729,510
GasProduction1,935,575 Mcf$3,935,997
Total$5,665,507

1,011,084 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 29.9820, -96.7784. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.98199, -96.77837 · 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
13,789 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 13,789 ft.

Completions filed
Mar 1994
1 of 1 wells

1 well

42-14932848413,789 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 2025038456.664.41$1,695
Nov 2025053258.593.93$2,089
Oct 2025051659.383.30$1,705
Sep 202517248662.743.08$12,287
Aug 202507463.933.01$223
Jul 2025036766.743.32$1,217
Jun 2025062166.483.13$1,943
May 2025027560.553.23$889
Apr 2025180262.363.54$2,904
Mar 202511,02267.704.27$4,430
Feb 202504270.884.34$182
Jan 20253074.324.28$223
Dec 20241068.993.12$69
Nov 20240069.052.20$0
Oct 20241071.372.28$71
Sep 20241513369.612.36$1,359
Aug 2024016375.632.06$336
Jul 202411,13979.932.15$2,525
Jun 2024086578.082.63$2,278
May 2024087578.812.20$1,924
Apr 20241911,19784.451.66$18,116
Mar 2024180980.301.55$1,330
Feb 202421,35576.091.78$2,569
Jan 202401,69773.023.30$5,596
Dec 20231781,92371.262.61$17,705
Nov 2023090977.892.81$2,552
Oct 202301,46285.443.09$4,514
Sep 2023022289.042.74$607
Aug 2023039780.522.67$1,061
Jul 2023026374.852.64$695
Jun 2023055768.962.26$1,258
May 2023098070.622.23$2,183
Apr 20231951,79478.122.24$19,248
Mar 202313,78972.852.39$9,141
Feb 202301,08475.112.47$2,673
Jan 202301376.533.39$44
Dec 202203776.415.73$212
Nov 202202985.005.65$164
Oct 2022016887.185.86$985
Sep 2022084684.888.16$6,906
Aug 202211,02194.529.13$9,413
Jul 20221781,025101.587.54$25,812
Jun 20221964115.097.98$7,805
May 202211,271109.378.43$10,828
Apr 20220712104.226.84$4,868
Mar 202201,116108.885.08$5,665
Feb 20221861,11291.054.86$22,338
Jan 2022081381.844.54$3,689
Dec 202101,26471.323.90$4,928
Nov 202101,14077.435.24$5,970
Oct 2021079079.795.71$4,514
Sep 202121,37069.865.35$7,470
Aug 2021085466.024.22$3,604
Jul 202118773670.783.98$16,167
Jun 202101,20269.493.38$4,064
May 202101,53963.483.02$4,644
Apr 2021044260.362.76$1,219
Mar 20211672,31261.302.72$16,519
Feb 2021082957.805.55$4,599
Jan 2021057650.412.81$1,619
Dec 2020091644.642.68$2,451
Nov 2020095838.772.71$2,593
Oct 20201651,05836.972.48$8,722
Sep 2020081137.091.99$1,615
Aug 202001,71239.982.39$4,083
Jul 2020065738.371.83$1,199
Jun 202001,26534.901.69$2,138
May 2020351,07316.921.81$2,539
Apr 20201551,74814.751.80$5,440
Mar 2020073330.341.86$1,361
Feb 202001,24749.881.98$2,470
Jan 2020095557.252.09$2,000
Dec 20191671,30159.012.30$12,853
Nov 201901,20155.302.75$3,304
Oct 201901,84153.472.42$4,453
Sep 201901,16155.052.66$3,085
Aug 20191791,13753.112.30$12,127
Jul 201901,73556.272.46$4,268
Jun 2019062852.782.49$1,564
May 201901,33658.482.74$3,661
Apr 201901,64162.632.75$4,514
Mar 20191901,35056.803.06$14,926
Feb 201902,62150.852.79$7,318
Jan 2019191046.033.23$2,984
Dec 2018019546.594.19$816
Nov 201801,65052.934.24$6,991
Oct 20181801,71461.443.40$16,884
Sep 201801,24259.543.11$3,860
Aug 201801,88059.403.07$5,765
Jul 201801,64065.142.93$4,808
Jun 20181631,33860.183.08$13,926
May 201801,19665.382.90$3,469
Apr 201801,80463.842.90$5,233
Mar 201801,09761.222.79$3,057
Feb 20181801,54761.782.77$15,400
Jan 201801,21162.874.01$4,855
Dec 2017095057.272.92$2,775
Nov 201701,98055.423.12$6,174
Oct 201701,22749.292.98$3,661
Sep 201701,38347.523.09$4,270
Aug 20171871,35745.373.00$12,561
Jul 201701,63343.873.09$5,042
Jun 201701,26742.493.09$3,912
May 201701,96845.373.26$6,422
Apr 20171901,41647.933.21$13,654
Mar 201701,52446.772.98$4,547
Feb 201709450.452.95$278
Jan 201701,93949.413.42$6,629
Dec 201602648.763.72$97
Nov 20161931,46542.492.64$12,075
Oct 201601,76546.193.09$5,454
Sep 201601,20541.553.10$3,736
Aug 201601,55441.442.92$4,544
Jul 201602,29041.622.92$6,697
Jun 201617874045.352.69$10,060
May 201601,81742.521.99$3,618
Apr 201601,92736.561.99$3,837
Mar 201601,38433.011.79$2,483
Feb 201601,72126.472.06$3,552
Jan 20161891,20027.352.36$8,006
Dec 201501,50432.362.00$3,010
Nov 201501,65838.792.17$3,593
Oct 20151841,41843.552.43$11,454
Sep 201501,51842.992.76$4,187
Aug 201501,75640.162.87$5,044
Jul 201501,28048.152.95$3,770
Jun 20151881,81356.152.88$15,783
May 201502,16555.212.96$6,399
Apr 201501,48449.822.71$4,017
Mar 201501,74942.892.93$5,133
Feb 20151831,73544.662.98$13,336
Jan 201502,91143.433.10$9,026
Dec 201401,18754.693.59$4,263
Nov 201419028270.464.25$14,586
Oct 2014031778.303.90$1,237
Sep 201401,95586.164.05$7,909
Aug 201401,54789.394.04$6,242
Jul 201401,83696.564.18$7,674
Jun 201401,79998.164.74$8,522
May 20141932,24394.734.73$28,885
Apr 201401,08095.944.81$5,194
Mar 201401,73295.895.06$8,758
Feb 201401,63197.406.19$10,099
Jan 20141871,69890.404.86$25,158
Dec 201301,76091.824.35$7,664
Nov 201301,80288.853.74$6,736
Oct 20131811,80897.423.78$24,466
Sep 201301,905104.113.72$7,082
Aug 201301,700104.253.52$5,988
Jul 201301,675102.523.72$6,227
Jun 20131791,91894.403.93$24,442
May 201302,06394.834.15$8,560
Apr 201301,66893.964.28$7,143
Mar 201301,76393.623.91$6,898
Feb 20131952,42891.233.42$26,093
Jan 201301,83591.603.42$6,276
Dec 201201,37586.773.42$4,703
Nov 201201,41786.953.62$5,137
Oct 20121772,41689.383.40$24,034
Sep 201201,54994.672.92$4,521
Aug 201201,82792.662.91$5,313
Jul 201201,79285.133.02$5,413
Jun 20121891,92379.822.52$19,930
May 201202,17191.612.49$5,402
Apr 201201,653101.652.00$3,301
Mar 201201,615105.052.22$3,589
Feb 20121812,061101.102.57$23,596
Jan 201202,08398.092.73$5,695
Dec 201102,07496.873.24$6,719
Nov 20111952,14395.723.31$25,761
Oct 201101,92984.983.65$7,038
Sep 201101,49283.623.99$5,947
Aug 20111842,45983.404.15$25,549
Jul 201101,50694.144.52$6,803
Jun 201102,23892.904.64$10,384
May 20111941,58798.134.40$26,028
Apr 201102,284105.964.33$9,897
Mar 20111971,96996.364.06$26,972
Feb 201101,73985.644.18$7,269
Jan 20111852,11686.504.59$25,712
Dec 201002,15485.734.35$9,365
Nov 201002,40980.843.80$9,143
Oct 20101932,39178.103.51$23,463
Sep 2010633,10572.633.98$16,932
Aug 201001,50373.684.42$6,642
Jul 20101942,45872.554.74$25,717
Jun 2010050170.364.91$2,460
May 201001,83271.124.24$7,759
Apr 201002,12781.694.12$8,769
Mar 20101942,12578.394.39$24,534
Feb 201001,97173.585.44$10,727
Jan 20101972,26274.365.96$28,140
Dec 200902,31571.445.48$12,695
Nov 20091952,36274.593.75$23,406
Oct 200901,78872.544.11$7,349
Sep 200902,23165.543.06$6,837
Aug 200902,19967.423.22$7,077
Jul 20091922,55261.133.46$20,578
Jun 200902,14866.163.90$8,366
May 20091932,55354.743.93$20,587
Apr 200902,06946.773.59$7,423
Mar 20091982,53842.144.06$18,645
Feb 200902,08632.814.63$9,664
Jan 200902,32335.865.37$12,477
Dec 20081942,49237.105.98$22,092
Nov 200802,57355.496.86$17,652
Oct 20081952,74475.246.92$33,666
Sep 200802,227101.767.88$17,542
Aug 20081942,678114.228.48$44,876
Jul 200802,776131.0811.39$31,617
Jun 200803,034131.3313.03$39,541
May 20081942,000123.1711.57$47,044
Apr 200802,344110.3110.45$24,506
Mar 20081972,495101.909.66$44,186
Feb 200802,42592.538.77$21,269
Jan 20081972,31190.388.21$36,768
Dec 200703,13588.337.30$22,892
Nov 20071942,64891.677.29$37,092
Oct 20071932,99782.856.92$36,735
Sep 20071933,92975.846.24$39,170
Aug 200702,60269.066.39$16,621
Jul 20071752,65670.906.39$29,374
Jun 200712,35562.007.55$17,839
May 20071952,65958.747.85$32,318
Apr 200722,70359.617.81$21,217
Mar 200702,28656.927.30$16,692
Feb 20071922,49755.108.22$31,095
Jan 200702,39950.306.73$16,138
Dec 20061942,15556.656.92$25,899
Nov 200622,65954.207.62$20,363
Oct 200632,99954.906.01$18,200
Sep 20061872,84560.085.04$25,566
Aug 200622,61368.717.34$19,317
Jul 200623,33069.376.34$21,260
Jun 20061863,09566.286.38$32,086
May 200623,14466.016.42$20,332
Apr 20061854,92464.397.36$48,155
Mar 200654,42456.707.08$31,618
Feb 2006040557.597.75$3,139
Jan 2006073160.598.93$6,530
Dec 20051733,17654.9413.42$52,112
Nov 200523,19554.6910.59$33,939
Oct 20051632,58158.3413.80$45,116
Sep 200532,64061.4512.08$32,073
Aug 20051653,45361.519.80$43,978
Jul 200554,96355.697.84$39,206
Jun 20051751,80952.337.38$22,510
May 200512,85745.226.65$19,048
Apr 200513,04249.207.36$22,440
Mar 20051772,52550.377.15$26,982
Feb 200512,46845.226.31$15,623
Jan 20051862,62543.166.32$24,624
Dec 200423,19739.866.75$21,663
Nov 20041523,69045.286.33$30,242
Oct 200413,83749.706.52$25,048
Sep 20041723,52043.245.28$26,037
Aug 20041625,20042.375.55$35,727
Jul 200413,91638.286.08$23,864
Jun 20041693,56536.106.43$29,035
May 200414,16937.486.49$27,113
Apr 20041714,85834.475.86$34,355
Mar 200415,16234.365.53$28,581
Feb 20042202,71932.455.51$22,120
Jan 20041965,21632.036.30$39,137
Dec 200335,95630.266.30$37,623
Nov 20033715,96728.804.60$38,104
Oct 20031836,54128.174.76$36,288
Sep 20031896,31726.314.75$34,974
Aug 200335,74829.765.13$29,575
Jul 20031907,84429.415.17$46,148
Jun 200324,77028.565.98$28,596
May 200301,23626.595.97$7,382
Apr 200302,66526.675.41$14,410
Mar 20031883,17331.146.10$25,197
Feb 20031771,39133.487.93$16,951
Jan 20031878,30430.315.58$52,021
Dec 200203,43626.914.85$16,678
Nov 200203,47024.664.14$14,355
Oct 200203,67026.464.23$15,521
Sep 200203,36427.443.64$12,229
Aug 20021863,50525.963.16$15,919
Jul 200203,57124.583.06$10,934
Jun 20021783,59623.733.34$16,228
May 200203,23024.663.58$11,576
Apr 20021824,84123.653.51$21,307
Mar 200201,50622.003.10$4,673
Feb 20021872,55918.222.38$9,487
Jan 20021763,86917.172.38$12,213
Dec 20011784,49016.932.36$13,630
Nov 20011833,34618.072.41$11,356
Oct 20011824,53819.782.53$15,076
Sep 20011764,48024.262.25$14,356
Aug 200103,29324.873.05$10,054
Jul 20011824,90323.933.20$20,031
Jun 200104,07024.563.82$15,564
May 20011663,76225.524.31$20,440
Apr 200106,09724.685.34$32,529
Mar 20013746,73324.545.38$45,378
Feb 20013687,96927.755.77$56,170
Jan 200118211,21227.478.40$99,166
Dec 20001877,78926.889.12$76,082
Nov 200004,26032.215.66$24,103
Oct 2000017731.235.15$911
Sep 20001805,82131.875.19$35,927
Aug 200003,27029.644.54$14,848
Jul 200003,29028.534.09$13,455
Jun 20001823,47429.304.40$20,609
May 200003,78427.263.68$13,924
Apr 20001814,09424.513.12$17,193
Mar 20001834,07628.422.86$16,857
Feb 20001884,34227.622.73$17,031
Jan 20003705,92825.272.48$24,054
Dec 1999163,82524.282.42$9,659
Nov 19996023.192.43$139
Oct 199904,52020.982.80$12,673
Sep 19991804,96921.752.62$16,928
Aug 19993516,24619.262.88$24,721
Jul 199903,72317.892.37$8,832
Jun 19991806,18015.942.36$17,467
May 19993624,20915.792.32$15,485
Apr 199906,56815.102.21$14,502
Mar 19991774,09812.471.84$9,741
Feb 199904,6339.981.82$8,422
Jan 19993545,67510.381.90$14,457
Dec 199806,7389.201.77$11,949
Nov 19981836,06310.892.19$15,245
Oct 19981835,70212.421.97$13,501
Sep 19981818,37412.592.08$19,719
Aug 19981786,04611.301.91$13,543
Jul 19983536,81211.742.24$19,385
Jun 199808,33911.242.24$18,657
May 19981795,66712.622.21$14,762
Apr 19983609,05513.042.51$27,380
Mar 19981826,55512.802.31$17,468
Feb 19981837,94613.952.30$20,822
Jan 19981768,86314.702.15$21,685
Dec 19973407,86316.322.41$24,507
Nov 199753811,41618.193.09$45,042
Oct 199705,30519.253.15$16,710
Sep 19973598,42517.742.95$31,264
Aug 199709,27817.862.55$23,703
Jul 19973539,62717.582.25$27,837
Jun 19973587,25117.242.26$22,539
May 19971797,92118.972.31$21,681
Apr 19973597,77317.882.08$22,608
Mar 19973608,41718.951.94$23,144
Feb 199708,07220.492.21$17,806
Jan 19973658,63923.483.54$39,150
Dec 19963657,95423.32$8,512
Nov 19963599,08721.97$7,887
Oct 1996010,22323.31$0
Sep 199636212,53722.22$8,044
Aug 199635513,55220.26$7,192
Jul 199635714,73519.55$6,979
Jun 199635315,44318.73$6,612
May 199635517,56519.43$6,898
Apr 199635817,24421.51$7,701
Mar 199672019,48619.38$13,954
Feb 199635918,08216.98$6,096
Jan 199636422,41417.07$6,213
Dec 199554123,64417.19$9,300
Nov 199573824,43216.00$11,808
Oct 199571627,55215.43$11,048
Sep 199535629,43716.18$5,760
Aug 19951,06833,79115.92$17,003
Jul 199570538,19715.24$10,744
Jun 19951,41746,22316.41$23,253
May 199553327,37717.56$9,359
Apr 19951,07936,48417.73$19,131
Mar 199555124,95316.44$9,058
Feb 199535913,94916.58$5,952
Jan 199572527,14815.92$11,542
Dec 19941,45841,06815.03$21,914
Nov 199471431,45815.90$11,353
Oct 19941,06833,16615.58$16,639
Sep 19941,04837,20315.29$16,024
Aug 19941,94145,64616.13$31,308
Jul 19941,57047,26117.56$27,569
Jun 19942,78957,27417.09$47,664
May 19943,58277,15615.88$56,882
Apr 19944,32991,64814.14$61,212
Mar 199455117,69512.46$6,865

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.

Dec 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.66 =         $0
Gas                  384 Mcf  × $  4.41 =     $1,695

────────────────────────────────────────────────────
Month total                                   $1,695

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/149291 is the state's own key, not one this site invented.