SOWELL 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 149587District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.0 M
May 1994 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
385
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 Gas111994-10-26130763
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
CondensateDisposition81,261 bbl$1,669,045
GasProduction4,953,611 Mcf$7,324,843
Total$8,993,888

3,111,656 Mcf of this lease's gas, across 32 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 30.4617, -96.1685. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.46166, -96.16848 · 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
16,088 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 16,088 ft.

Completions filed
May 1994
1 of 1 wells

1 well

42-04131804116,088 ftMay 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 (385)

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

385 months

May 20260562106.413.05$1,712
Apr 2026049898.932.87$1,429
Mar 2026045989.753.15$1,446
Feb 2026045363.503.75$1,699
Jan 2026054259.138.00$4,335
Dec 2025062956.664.41$2,776
Nov 2025065058.593.93$2,552
Oct 2025066059.383.30$2,181
Sep 2025064362.743.08$1,978
Aug 2025071863.933.01$2,165
Jul 2025065266.743.32$2,162
Jun 2025062466.483.13$1,952
May 2025056760.553.23$1,833
Apr 2025054862.363.54$1,942
Mar 2025056767.704.27$2,420
Feb 2025050070.884.34$2,170
Jan 2025054674.324.28$2,336
Dec 2024051968.993.12$1,620
Nov 2024051369.052.20$1,128
Oct 2024057871.372.28$1,319
Sep 2024057069.612.36$1,348
Aug 2024059475.632.06$1,226
Jul 2024059979.932.15$1,286
Jun 2024053078.082.63$1,396
May 2024060178.812.20$1,321
Apr 2024063284.451.66$1,049
Mar 2024060580.301.55$935
Feb 2024057676.091.78$1,027
Jan 2024066273.023.30$2,183
Dec 2023066071.262.61$1,723
Nov 2023062577.892.81$1,755
Oct 2023066785.443.09$2,059
Sep 2023061089.042.74$1,668
Aug 2023062980.522.67$1,681
Jul 2023067474.852.64$1,781
Jun 2023063968.962.26$1,443
May 2023065170.622.23$1,450
Apr 2023055478.122.24$1,240
Mar 2023059472.852.39$1,422
Feb 2023054375.112.47$1,339
Jan 2023066776.533.39$2,260
Dec 2022069276.415.73$3,965
Nov 2022070285.005.65$3,964
Oct 2022070687.185.86$4,140
Sep 2022067484.888.16$5,502
Aug 2022071894.529.13$6,553
Jul 20220740101.587.54$5,581
Jun 20220891115.097.98$7,108
May 20220314109.378.43$2,648
Apr 20220834104.226.84$5,703
Mar 20220521108.885.08$2,645
Feb 2022062391.054.86$3,027
Jan 2022071581.844.54$3,244
Dec 2021068471.323.90$2,667
Nov 2021060477.435.24$3,163
Oct 2021074279.795.71$4,240
Sep 2021066269.865.35$3,542
Aug 2021067166.024.22$2,832
Jul 2021064370.783.98$2,560
Jun 2021064769.493.38$2,187
May 2021073163.483.02$2,206
Apr 2021074960.362.76$2,066
Mar 2021080261.302.72$2,179
Feb 2021070457.805.55$3,906
Jan 2021073750.412.81$2,071
Dec 2020076944.642.68$2,057
Nov 2020068038.772.71$1,840
Oct 2020075036.972.48$1,859
Sep 2020080537.091.99$1,603
Aug 2020084339.982.39$2,011
Jul 2020086938.371.83$1,586
Jun 202001,21034.901.69$2,045
May 2020048016.921.81$871
Apr 2020083414.751.80$1,505
Mar 2020080330.341.86$1,491
Feb 2020078849.881.98$1,561
Jan 2020094557.252.09$1,980
Dec 2019090559.012.30$2,085
Nov 2019085155.302.75$2,341
Oct 2019086753.472.42$2,097
Sep 2019093355.052.66$2,479
Aug 2019092253.112.30$2,125
Jul 2019089456.272.46$2,199
Jun 2019096652.782.49$2,407
May 201901,00158.482.74$2,743
Apr 2019096762.632.75$2,660
Mar 2019096756.803.06$2,961
Feb 2019088150.852.79$2,460
Jan 2019093746.033.23$3,025
Dec 201801,00146.594.19$4,190
Nov 2018088452.934.24$3,746
Oct 2018094161.443.40$3,198
Sep 201801,25159.543.11$3,888
Aug 2018073259.403.07$2,245
Jul 2018073065.142.93$2,140
Jun 2018090560.183.08$2,785
May 201801,01765.382.90$2,950
Apr 201801,09063.842.90$3,162
Mar 201801,01761.222.79$2,834
Feb 2018083761.782.77$2,315
Jan 201801,08762.874.01$4,358
Dec 201701,06557.272.92$3,111
Nov 201701,02255.423.12$3,187
Oct 201701,04149.292.98$3,106
Sep 201701,06147.523.09$3,276
Aug 201701,06945.373.00$3,212
Jul 201702,30843.873.09$7,125
Jun 2017077742.493.09$2,399
May 201701,08145.373.26$3,528
Apr 201701,05947.933.21$3,401
Mar 201701,10046.772.98$3,282
Feb 2017099750.452.95$2,944
Jan 201701,09849.413.42$3,754
Dec 2016087648.763.72$3,261
Nov 2016085042.492.64$2,248
Oct 201601,06246.193.09$3,282
Sep 201601,21741.553.10$3,773
Aug 201601,18741.442.92$3,471
Jul 201601,26541.622.92$3,699
Jun 201601,38545.352.69$3,720
May 201601,45742.521.99$2,901
Apr 201601,20336.561.99$2,395
Mar 201601,22733.011.79$2,201
Feb 201601,17626.472.06$2,427
Jan 201601,20927.352.36$2,859
Dec 201501,21732.362.00$2,436
Nov 201501,14838.792.17$2,488
Oct 201501,22743.552.43$2,977
Sep 201501,19242.992.76$3,288
Aug 201501,22540.162.87$3,519
Jul 201501,26348.152.95$3,720
Jun 201501,29856.152.88$3,742
May 201501,38955.212.96$4,105
Apr 201501,29849.822.71$3,513
Mar 201501,26842.892.93$3,721
Feb 201501,19444.662.98$3,554
Jan 201501,37643.433.10$4,266
Dec 201401,36854.693.59$4,913
Nov 201401,31970.464.25$5,608
Oct 201401,44378.303.90$5,629
Sep 201401,40586.164.05$5,684
Aug 201401,45689.394.04$5,875
Jul 2014821,43996.564.18$13,932
Jun 201401,42998.164.74$6,769
May 201401,49894.734.73$7,080
Apr 201401,56395.944.81$7,517
Mar 201401,59795.895.06$8,076
Feb 201401,44697.406.19$8,954
Jan 201401,61690.404.86$7,855
Dec 201301,62991.824.35$7,093
Nov 201301,65688.853.74$6,191
Oct 201301,70897.423.78$6,455
Sep 201301,675104.113.72$6,227
Aug 201301,767104.253.52$6,224
Jul 201301,787102.523.72$6,644
Jun 201301,74394.403.93$6,856
May 201301,89394.834.15$7,854
Apr 201301,83793.964.28$7,867
Mar 201301,42393.623.91$5,568
Feb 201301,71291.233.42$5,855
Jan 201302,00791.603.42$6,864
Dec 201202,06786.773.42$7,069
Nov 20121942,03886.953.62$24,256
Oct 201202,13289.383.40$7,248
Sep 201202,12494.672.92$6,199
Aug 201202,25392.662.91$6,552
Jul 201202,27885.133.02$6,881
Jun 201202,34279.822.52$5,900
May 20121882,41591.612.49$23,232
Apr 201202,327101.652.00$4,647
Mar 201202,415105.052.22$5,366
Feb 201202,251101.102.57$5,786
Jan 201202,55398.092.73$6,980
Dec 201102,46296.873.24$7,976
Nov 201102,42395.723.31$8,023
Oct 201102,60184.983.65$9,490
Sep 201102,52883.623.99$10,076
Aug 201102,77483.404.15$11,510
Jul 201102,67994.144.52$12,102
Jun 201102,47092.904.64$11,461
May 201102,67398.134.40$11,774
Apr 201102,562105.964.33$11,102
Mar 201102,62596.364.06$10,651
Feb 201102,27185.644.18$9,493
Jan 201102,74686.504.59$12,601
Dec 201002,85485.734.35$12,408
Nov 20101442,70980.843.80$21,923
Oct 201002,93578.103.51$10,299
Sep 201002,89572.633.98$11,521
Aug 201002,98573.684.42$13,192
Jul 201003,15072.554.74$14,920
Jun 20101923,18270.364.91$29,134
May 201003,30071.124.24$13,976
Apr 201003,23381.694.12$13,329
Mar 2010903,44478.394.39$22,170
Feb 201003,09973.585.44$16,866
Jan 201003,59974.365.96$21,465
Dec 20091963,24371.445.48$31,786
Nov 200903,10674.593.75$11,652
Oct 200903,23372.544.11$13,288
Sep 200903,22465.543.06$9,881
Aug 200903,41667.423.22$10,994
Jul 20091923,50561.133.46$23,880
Jun 200903,54466.163.90$13,804
May 200903,57654.743.93$14,038
Apr 200903,40046.773.59$12,198
Mar 20091993,61442.144.06$23,055
Feb 200903,23632.814.63$14,992
Jan 200903,25335.865.37$17,472
Dec 200803,47537.105.98$20,771
Nov 200803,51655.496.86$24,121
Oct 200803,65275.246.92$25,279
Sep 200803,285101.767.88$25,876
Aug 20081833,883114.228.48$53,842
Jul 200803,891131.0811.39$44,316
Jun 200803,794131.3313.03$49,446
May 200803,985123.1711.57$46,124
Apr 200803,879110.3110.45$40,554
Mar 200803,987101.909.66$38,531
Feb 20081803,71092.538.77$49,194
Jan 200803,97090.388.21$32,577
Dec 20072014,00988.337.30$47,028
Nov 200704,02891.677.29$29,371
Oct 200704,30182.856.92$29,771
Sep 200704,33375.846.24$27,056
Aug 20071874,57869.066.39$42,158
Jul 200704,70870.906.39$30,074
Jun 200704,64862.007.55$35,085
May 200704,82158.747.85$37,827
Apr 200714,80159.617.81$37,532
Mar 20071874,98756.927.30$47,059
Feb 200704,42655.108.22$36,364
Jan 200714,77850.306.73$32,191
Dec 20061824,73056.656.92$43,035
Nov 200614,71954.207.62$36,001
Oct 200604,98754.906.01$29,991
Sep 200604,97360.085.04$25,050
Aug 20061775,51368.717.34$52,627
Jul 200615,77369.376.34$36,686
Jun 200615,61366.286.38$35,899
May 20061825,72466.016.42$48,791
Apr 200605,51864.397.36$40,615
Mar 200615,73156.707.08$40,649
Feb 20061845,08057.597.75$49,972
Jan 200615,63060.598.93$50,355
Dec 200515,60654.9413.42$75,262
Nov 20051815,47854.6910.59$67,902
Oct 200505,87358.3413.80$81,023
Sep 200516,23061.4512.08$75,314
Aug 20051596,67961.519.80$75,213
Jul 200516,68355.697.84$52,475
Jun 20051736,82252.337.38$59,407
May 200517,28645.226.65$48,506
Apr 200527,42249.207.36$54,728
Mar 20051877,73850.377.15$64,784
Feb 20051897,12545.226.31$53,519
Jan 200507,16243.166.32$45,280
Dec 20041887,18739.866.75$56,014
Nov 200417,34545.286.33$46,542
Oct 20041947,92049.706.52$61,241
Sep 200428,46543.245.28$44,815
Aug 20041858,33842.375.55$54,120
Jul 200499,25138.286.08$56,629
Jun 200455,83836.106.43$37,736
May 20041816,20037.486.49$47,050
Apr 20041856,69834.475.86$45,617
Mar 20041837,68834.365.53$48,804
Feb 200427,11932.455.51$39,288
Jan 20041927,69332.036.30$54,613
Dec 20031937,81230.266.30$55,069
Nov 200306,94628.804.60$31,918
Oct 20031718,04728.174.76$43,118
Sep 20031838,51226.314.75$45,241
Aug 200309,04329.765.13$46,388
Jul 20031789,55829.415.17$54,658
Jun 200319,74528.565.98$58,333
May 200318910,73826.595.97$69,160
Apr 200319310,62226.675.41$62,583
Mar 2003311,81231.146.10$72,100
Feb 200336911,51733.487.93$103,636
Jan 200339613,98530.315.58$90,068
Dec 20021216,24826.914.85$79,187
Nov 20021718,34124.664.14$76,295
Oct 200221221,38326.464.23$96,041
Sep 20023513,47027.443.64$49,927
Aug 2002532325.963.16$1,152
Jul 200231726624.583.06$8,606
Jun 200206,72423.733.34$22,446
May 200207,06424.663.58$25,317
Apr 20021866,47923.653.51$27,155
Mar 200207,05522.003.10$21,890
Feb 20021805,19618.222.38$15,624
Jan 200206,81817.172.38$16,197
Dec 20011707,35016.932.36$20,256
Nov 20011686,50718.072.41$18,688
Oct 200106,42019.782.53$16,235
Sep 20011686,44624.262.25$18,588
Aug 20011757,22624.873.05$26,414
Jul 200107,51023.933.20$24,010
Jun 20011677,32624.563.82$32,117
May 200107,44825.524.31$32,081
Apr 20011657,31424.685.34$43,095
Mar 20011747,74024.545.38$45,884
Feb 20011677,25227.755.77$46,457
Jan 20011598,21927.478.40$73,397
Dec 20001627,24926.889.12$70,484
Nov 200006,08232.215.66$34,412
Oct 20001795,34731.235.15$33,103
Sep 200005,30031.875.19$27,488
Aug 20001656,59829.644.54$34,850
Jul 20001686,62128.534.09$31,871
Jun 200004,62029.304.40$20,315
May 200035012,17927.263.68$54,357
Apr 2000012,60424.513.12$39,274
Mar 200035813,42328.422.86$48,561
Feb 200053412,26227.622.73$48,181
Jan 2000015,01825.272.48$37,252
Dec 199936116,55024.282.42$48,878
Nov 1999014,45223.192.43$35,176
Oct 199936015,10520.982.80$49,903
Sep 199917613,30321.752.62$38,667
Aug 199917612,50819.262.88$39,358
Jul 199935416,95417.892.37$46,554
Jun 199935216,20715.942.36$43,893
May 199935720,26515.792.32$52,673
Apr 199935820,72015.102.21$51,157
Mar 199917921,94912.471.84$42,582
Feb 199972223,9729.981.82$50,782
Jan 1999017,65810.381.90$33,549
Dec 199835314,6269.201.77$29,184
Nov 199818319,29810.892.19$44,173
Oct 199817915,33612.421.97$32,423
Sep 199835019,90512.592.08$45,861
Aug 199817719,71411.301.91$39,602
Jul 199818015,90611.742.24$37,699
Jun 199835318,26811.242.24$44,838
May 1998017,72312.622.21$39,103
Apr 199835715,58313.042.51$43,696
Mar 1998022,17412.802.31$51,210
Feb 199835423,01613.952.30$57,855
Jan 199835927,06714.702.15$63,601
Dec 199735626,85916.322.41$70,570
Nov 199736826,13918.193.09$87,418
Oct 199770527,21719.253.15$99,300
Sep 1997626,56517.742.95$78,603
Aug 199753129,02117.862.55$83,625
Jul 199735330,59617.582.25$74,953
Jun 199753230,98117.242.26$79,102
May 199735831,52718.972.31$79,571
Apr 199735832,15617.882.08$73,375
Mar 199736133,05418.951.94$70,937
Feb 199753829,36320.492.21$75,795
Jan 199749634,94923.483.54$135,355
Dec 199672235,61623.32$16,837
Nov 199635935,83321.97$7,887
Oct 199671440,09423.31$16,643
Sep 199635338,13222.22$7,844
Aug 199653143,61920.26$10,758
Jul 199670747,61419.55$13,822
Jun 199671049,83618.73$13,298
May 19961,06349,17819.43$20,654
Apr 199672251,21921.51$15,530
Mar 19961,26055,74819.38$24,419
Feb 19961,08652,76216.98$18,440
Jan 199673360,98117.07$12,512
Dec 19951,43662,48317.19$24,685
Nov 19951,05666,74116.00$16,896
Oct 199588660,70115.43$13,671
Sep 19951,40484,76316.18$22,717
Aug 19951,76896,84115.92$28,147
Jul 19951,378105,03315.24$21,001
Jun 19951,78098,07616.41$29,210
May 19952,292107,69317.56$40,248
Apr 19951,966126,84917.73$34,857
Mar 19952,361137,02016.44$38,815
Feb 19952,143119,85516.58$35,531
Jan 19953,045149,24815.92$48,476
Dec 19942,889172,87615.03$43,422
Nov 19943,048166,93115.90$48,463
Oct 19943,561161,80515.58$55,480
Sep 19943,206158,74815.29$49,020
Aug 19943,551156,12516.13$57,278
Jul 19944,233192,59517.56$74,331
Jun 19944,979210,38917.09$85,091
May 19942,479116,25215.88$39,367

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                  562 Mcf  × $  3.05 =     $1,712

────────────────────────────────────────────────────
Month total                                   $1,712

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/149587 is the state's own key, not one this site invented.