LUCKY

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 149585District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Mar 1994 – May 2026
Value, last 12 filed months
$26 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 Gas111994-12-14130959
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
CondensateDisposition53,142 bbl$1,728,396
GasProduction715,119 Mcf$1,686,396
Total$3,414,792

308,587 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 30.1583, -96.6892. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.15832, -96.68917 · 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
13,020 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 13,020 ft.

Completions filed
Mar 1994
1 of 1 wells

1 well

42-47730425113,020 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 20260260106.413.05$792
Apr 2026029198.932.87$835
Mar 2026020389.753.15$639
Feb 2026021663.503.75$810
Jan 202617015559.138.00$11,292
Dec 2025012656.664.41$556
Nov 20250858.593.93$31
Oct 202501359.383.30$43
Sep 20251761462.743.08$11,085
Aug 202501363.933.01$39
Jul 202501866.743.32$60
Jun 202501866.483.13$56
May 202501660.553.23$52
Apr 202501662.363.54$57
Mar 202502167.704.27$90
Feb 2025017670.884.34$764
Jan 20250074.324.28$0
Dec 20241857868.993.12$13,007
Nov 2024019269.052.20$422
Oct 2024020971.372.28$477
Sep 2024019969.612.36$471
Aug 2024024975.632.06$514
Jul 202417625079.932.15$14,604
Jun 2024023278.082.63$611
May 2024035778.812.20$785
Apr 20241876784.451.66$15,903
Mar 202408980.301.55$138
Feb 202412876.091.78$126
Jan 20241941373.023.30$14,209
Dec 2023213871.262.61$503
Nov 202318521977.892.81$15,025
Oct 2023226785.443.09$995
Sep 2023113189.042.74$447
Aug 20231827080.522.67$14,842
Jul 2023032374.852.64$853
Jun 2023120868.962.26$539
May 202319124870.622.23$14,041
Apr 2023023178.122.24$517
Mar 2023018172.852.39$433
Feb 2023022675.112.47$557
Jan 2023016876.533.39$569
Dec 202207776.415.73$441
Nov 202219622385.005.65$17,919
Oct 2022018687.185.86$1,091
Sep 2022130184.888.16$2,542
Aug 2022016894.529.13$1,533
Jul 20220226101.587.54$1,705
Jun 2022184203115.097.98$22,796
May 20220206109.378.43$1,737
Apr 20220201104.226.84$1,374
Mar 20220242108.885.08$1,228
Feb 202208491.054.86$408
Jan 202218714081.844.54$15,939
Dec 2021015771.323.90$612
Nov 2021036577.435.24$1,911
Oct 202117920379.795.71$15,442
Sep 2021020769.865.35$1,108
Aug 2021031966.024.22$1,346
Jul 2021020270.783.98$804
Jun 2021026969.493.38$909
May 202118019463.483.02$12,012
Apr 2021022260.362.76$612
Mar 2021029161.302.72$791
Feb 20210957.805.55$50
Jan 2021018950.412.81$531
Dec 2020024944.642.68$666
Nov 2020180138.772.71$6,981
Oct 2020032736.972.48$810
Sep 2020030137.091.99$599
Aug 2020030639.982.39$730
Jul 202018530638.371.83$7,657
Jun 2020030234.901.69$510
May 2020030716.921.81$557
Apr 2020029514.751.80$532
Mar 2020029930.341.86$555
Feb 202018428549.881.98$9,742
Jan 2020031057.252.09$649
Dec 2019031159.012.30$717
Nov 2019030555.302.75$839
Oct 2019032053.472.42$774
Sep 201917631055.052.66$10,513
Aug 2019032353.112.30$744
Jul 2019032456.272.46$797
Jun 2019033652.782.49$837
May 201917938858.482.74$11,531
Apr 2019031462.632.75$864
Mar 2019033456.803.06$1,023
Feb 2019030650.852.79$854
Jan 201917734546.033.23$9,261
Dec 2018036346.594.19$1,519
Nov 2018055452.934.24$2,347
Oct 2018048961.443.40$1,662
Sep 20180059.543.11$0
Aug 20183059.403.07$178
Jul 20180065.142.93$0
Jun 201817523460.183.08$11,252
May 2018024965.382.90$722
Apr 2018044763.842.90$1,297
Mar 2018020261.222.79$563
Feb 201801,18361.782.77$3,272
Jan 201818189262.874.01$14,956
Dec 2017073357.272.92$2,141
Nov 2017040555.423.12$1,263
Oct 2017042549.292.98$1,268
Sep 2017055747.523.09$1,720
Aug 2017023045.373.00$691
Jul 201719129143.873.09$9,278
Jun 2017035942.493.09$1,108
May 2017040545.373.26$1,322
Apr 201719253947.933.21$10,934
Mar 2017037746.772.98$1,125
Feb 2017044650.452.95$1,317
Jan 2017041749.413.42$1,426
Dec 2016044248.763.72$1,645
Nov 2016036042.492.64$952
Oct 201619056546.193.09$10,522
Sep 2016050941.553.10$1,578
Aug 2016055941.442.92$1,635
Jul 201618248641.622.92$8,996
Jun 2016062045.352.69$1,665
May 2016034642.521.99$689
Apr 201618642136.561.99$7,638
Mar 2016050033.011.79$897
Feb 2016065626.472.06$1,354
Jan 2016062227.352.36$1,471
Dec 2015068532.362.00$1,371
Nov 201519642738.792.17$8,528
Oct 201504043.552.43$97
Sep 2015051942.992.76$1,432
Aug 201518967740.162.87$9,535
Jul 2015041148.152.95$1,210
Jun 2015056356.152.88$1,623
May 201518953955.212.96$12,028
Apr 2015048249.822.71$1,305
Mar 2015052242.892.93$1,532
Feb 2015044744.662.98$1,330
Jan 2015049743.433.10$1,541
Dec 201419056554.693.59$12,420
Nov 2014061170.464.25$2,598
Oct 2014060578.303.90$2,360
Sep 2014060786.164.05$2,456
Aug 201417772289.394.04$18,735
Jul 2014068996.564.18$2,880
Jun 201418248798.164.74$20,172
May 2014063994.734.73$3,020
Apr 2014010095.944.81$481
Mar 2014043695.895.06$2,205
Feb 201417953897.406.19$20,766
Jan 2014061490.404.86$2,984
Dec 2013054591.824.35$2,373
Nov 2013064288.853.74$2,400
Oct 201317050397.423.78$18,462
Sep 20130363104.113.72$1,350
Aug 20130513104.253.52$1,807
Jul 2013179844102.523.72$21,489
Jun 201301,06694.403.93$4,193
May 201318689794.834.15$21,360
Apr 2013052793.964.28$2,257
Mar 2013055793.623.91$2,179
Feb 2013053491.233.42$1,826
Jan 201318861491.603.42$19,321
Dec 2012062886.773.42$2,148
Nov 2012062386.953.62$2,258
Oct 201218159689.383.40$18,204
Sep 2012055894.672.92$1,628
Aug 2012056392.662.91$1,637
Jul 201218572785.133.02$17,945
Jun 2012054879.822.52$1,380
May 2012060691.612.49$1,508
Apr 2012190604101.652.00$20,520
Mar 20120626105.052.22$1,391
Feb 20120637101.102.57$1,637
Jan 201219665498.092.73$21,014
Dec 2011035196.873.24$1,137
Nov 2011056595.723.31$1,871
Oct 2011058184.983.65$2,120
Sep 201118959083.623.99$18,156
Aug 2011066683.404.15$2,763
Jul 2011068294.144.52$3,081
Jun 201119066492.904.64$20,732
May 2011067598.134.40$2,973
Apr 20110695105.964.33$3,012
Mar 201118979996.364.06$21,454
Feb 2011081485.644.18$3,403
Jan 201119789886.504.59$21,161
Dec 2010062485.734.35$2,713
Nov 2010053880.843.80$2,042
Oct 2010040978.103.51$1,435
Sep 201019266272.633.98$16,579
Aug 2010073173.684.42$3,231
Jul 2010082072.554.74$3,884
Jun 2010081570.364.91$4,002
May 201018791771.124.24$17,183
Apr 2010091481.694.12$3,768
Mar 2010093178.394.39$4,086
Feb 201019793273.585.44$19,568
Jan 201001,22174.365.96$7,282
Dec 20091951,03871.445.48$19,623
Nov 2009064674.593.75$2,423
Oct 2009091172.544.11$3,744
Sep 2009082765.543.06$2,535
Aug 20091911,18267.423.22$16,681
Jul 2009095161.133.46$3,295
Jun 200901,03266.163.90$4,020
May 20091821,05454.743.93$14,100
Apr 200901,04946.773.59$3,763
Mar 2009097442.144.06$3,953
Feb 200919594532.814.63$10,776
Jan 2009093735.865.37$5,033
Dec 2008071837.105.98$4,292
Nov 200819196555.496.86$17,219
Oct 200801,00875.246.92$6,977
Sep 20081911,031101.767.88$27,557
Aug 200801,288114.228.48$10,926
Jul 2008196994131.0811.39$37,013
Jun 200801,141131.3313.03$14,870
May 200801,141123.1711.57$13,206
Apr 200801,198110.3110.45$12,525
Mar 20081961,338101.909.66$32,903
Feb 2008097192.538.77$8,516
Jan 2008099290.388.21$8,140
Dec 200719589488.337.30$23,752
Nov 2007061191.677.29$4,455
Oct 200701,09882.856.92$7,600
Sep 20071931,29875.846.24$22,742
Aug 2007044769.066.39$2,855
Jul 200701,31870.906.39$8,419
Jun 200718291562.007.55$18,191
May 2007081858.747.85$6,418
Apr 200719498659.617.81$19,260
Mar 200701,19356.927.30$8,711
Feb 20071961,15255.108.22$20,264
Jan 2007197350.306.73$6,596
Dec 20061961,41656.656.92$20,900
Nov 2006099954.207.62$7,610
Oct 200601,05154.906.01$6,321
Sep 20061931,04760.085.04$16,869
Aug 200601,05568.717.34$7,744
Jul 200611,95469.376.34$12,463
Jun 200619771966.286.38$17,647
May 200601,36266.016.42$8,751
Apr 20061941,28964.397.36$21,979
Mar 200601,39156.707.08$9,852
Feb 20061901,03357.597.75$18,949
Jan 200601,42760.598.93$12,748
Dec 20051961,45454.9413.42$30,274
Nov 20051781,28754.6910.59$23,362
Oct 200501,58958.3413.80$21,921
Sep 20051811,38561.4512.08$27,852
Aug 200501,36761.519.80$13,392
Jul 20051951,31055.697.84$21,135
Jun 200501,87452.337.38$13,832
May 200501,91645.226.65$12,744
Apr 20051951,31449.207.36$19,266
Mar 20051951,43750.377.15$20,104
Feb 20051971,87445.226.31$20,737
Jan 20051971,14043.166.32$15,710
Dec 200401,09439.866.75$7,386
Nov 20041901,92845.286.33$20,808
Oct 20041762,79949.706.52$26,983
Sep 20041722,09443.245.28$18,502
Aug 20041991,51842.375.55$16,858
Jul 20041951,72038.286.08$17,929
Jun 20041812,20736.106.43$20,732
May 200415783637.486.49$11,314
Apr 200415331834.475.86$7,137
Mar 20043621,34034.365.53$19,849
Feb 20041821,98132.455.51$16,820
Jan 20043682,74632.036.30$29,086
Dec 20033693,32230.266.30$32,100
Nov 20033682,89728.804.60$23,911
Oct 20033794,21128.174.76$30,719
Sep 20031864,15926.314.75$24,646
Aug 20033814,33429.765.13$33,571
Jul 20033884,21229.415.17$33,191
Jun 2003156328.565.98$3,397
May 2003145226.595.97$2,726
Apr 200341,03426.675.41$5,698
Mar 2003172031.146.10$5,356
Feb 2003089233.487.93$7,070
Jan 20031861,60030.315.58$14,569
Dec 20023551,86326.914.85$18,596
Nov 200201,98824.664.14$8,224
Oct 200203,34526.464.23$14,146
Sep 20023562,95627.443.64$20,514
Aug 2002058925.963.16$1,864
Jul 20022301,18624.583.06$9,285
Jun 20021841,46923.733.34$9,270
May 200201,41824.663.58$5,082
Apr 200218298723.653.51$7,771
Mar 200201,88222.003.10$5,839
Feb 200218074918.222.38$5,059
Jan 20021821,65317.172.38$7,052
Dec 20011751,82416.932.36$7,275
Nov 200101,37818.072.41$3,315
Oct 20011802,17319.782.53$9,056
Sep 20011821,67724.262.25$8,191
Aug 20013571,62024.873.05$13,825
Jul 200101,34423.933.20$4,297
Jun 200101,54824.563.82$5,920
May 20011772,11525.524.31$13,627
Apr 20013672,16324.685.34$20,598
Mar 200102,26424.545.38$12,172
Feb 20013572,20227.755.77$22,606
Jan 200102,63127.478.40$22,097
Dec 200002,50226.889.12$22,825
Nov 20003602,19432.215.66$24,009
Oct 20001781,98131.235.15$15,752
Sep 20001832,61431.875.19$19,390
Aug 200002,58929.644.54$11,756
Jul 20001712,90828.534.09$16,772
Jun 20001912,80829.304.40$17,944
May 20001772,92527.263.68$15,588
Apr 20003722,22424.513.12$16,048
Mar 20001792,48728.422.86$12,199
Feb 20001962,22227.622.73$11,472
Jan 200002,44725.272.48$6,070
Dec 19993732,19924.282.42$14,386
Nov 19993622,12423.192.43$13,565
Oct 199902,62320.982.80$7,354
Sep 19991732,87521.752.62$11,292
Aug 19991763,07319.262.88$12,226
Jul 19991542,99217.892.37$9,853
Jun 19993652,94715.942.36$12,779
May 19991762,77815.792.32$9,227
Apr 19991833,44315.102.21$10,366
Mar 19993623,44912.471.84$10,855
Feb 19991823,2829.981.82$7,782
Jan 19993583,43510.381.90$10,242
Dec 19981792,9869.201.77$6,942
Nov 19981803,24310.892.19$9,048
Oct 19985413,95312.421.97$14,504
Sep 19981773,85612.592.08$10,259
Aug 19981775,49411.301.91$12,479
Jul 19983525,65111.742.24$16,775
Jun 19983595,23611.242.24$15,750
May 19983426,27212.622.21$18,154
Apr 19985436,34213.042.51$22,970
Mar 19983596,91212.802.31$20,558
Feb 19983606,64313.952.30$20,295
Jan 19987176,39614.702.15$24,322
Dec 19977355,51416.322.41$25,290
Nov 199702,75518.193.09$8,508
Oct 19971871,34419.253.15$7,833
Sep 19971863,21717.742.95$12,805
Aug 199703,13917.862.55$8,019
Jul 19971772,92717.582.25$9,688
Jun 19971863,13617.242.26$10,285
May 19971743,46418.972.31$11,297
Apr 19971823,33917.882.08$10,209
Mar 19971943,62518.951.94$10,706
Feb 19971843,49720.492.21$11,484
Jan 19971963,66623.483.54$17,579
Dec 19961793,56923.32$4,174
Nov 19961833,18821.97$4,021
Oct 19961814,35423.31$4,219
Sep 19961814,47322.22$4,022
Aug 19961784,57820.26$3,606
Jul 19961834,54419.55$3,578
Jun 19961943,88918.73$3,634
May 19961784,08019.43$3,459
Apr 19961963,84021.51$4,216
Mar 19961933,89019.38$3,740
Feb 19961822,68416.98$3,090
Jan 19961874,43217.07$3,192
Dec 19953677,28717.19$6,309
Nov 19953715,25516.00$5,936
Oct 199501,40215.43$0
Sep 19953628,99416.18$5,857
Aug 19953774,67315.92$6,002
Jul 199502,73915.24$0
Jun 19951814,74616.41$2,970
May 199537211,21517.56$6,532
Apr 199535110,06917.73$6,223
Mar 199551710,98216.44$8,499
Feb 19957329,88316.58$12,137
Jan 19951,10212,55315.92$17,544
Dec 199455814,78615.03$8,387
Nov 19947229,11915.90$11,480
Oct 199409715.58$0
Sep 1994063515.29$0
Aug 19945359,35516.13$8,630
Jul 19941,24518,10917.56$21,862
Jun 19941,27919,13617.09$21,858
May 19941,81524,83115.88$28,822
Apr 19942,72333,28114.14$38,503
Mar 19943,44441,91912.46$42,912

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                  260 Mcf  × $  3.05 =       $792

────────────────────────────────────────────────────
Month total                                     $792

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/149585 is the state's own key, not one this site invented.