BAKER

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 149818District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Apr 1994 – Mar 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
336
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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 Gas111994-10-21130859
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
CondensateDisposition80,443 bbl$1,971,599
GasProduction1,951,257 Mcf$3,977,310
Total$5,948,908

993,859 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 30.0170, -96.7461. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.01704, -96.74614 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
14,961 ft
1 wells filed one
Completion to plug
28.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 14,961 ft.

Completions filed
Mar 1994
1 of 1 wells
Plug dates filed
Apr 2022
1 of 1 wells

Last completion to plug: a median of 28.1 years across the 1 well that filed both dates, with the middle half between 28.1 years and 28.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-149318631H14,961 ftMar 1994Apr 2022Yes

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 (336)

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

336 months

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 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201795049.292.98$4,683
Sep 20170047.523.09$0
Aug 20170145.373.00$3
Jul 20170843.873.09$25
Jun 2017024242.493.09$747
May 2017018845.373.26$614
Apr 20170047.933.21$0
Mar 2017021946.772.98$653
Feb 20171821,09550.452.95$12,415
Jan 201701,43749.413.42$4,913
Dec 2016098648.763.72$3,671
Nov 2016090242.492.64$2,385
Oct 2016093246.193.09$2,880
Sep 201618399341.553.10$10,683
Aug 201601,08641.442.92$3,176
Jul 201601,09141.622.92$3,190
Jun 201601,01645.352.69$2,729
May 201601,24542.521.99$2,479
Apr 201601,24436.561.99$2,477
Mar 201601,31233.011.79$2,354
Feb 201601,33226.472.06$2,749
Jan 20161281,41127.352.36$6,837
Dec 201501,38132.362.00$2,764
Nov 20151921,31438.792.17$10,296
Oct 201501,39443.552.43$3,383
Sep 201501,32942.992.76$3,666
Aug 201501,38740.162.87$3,984
Jul 201501,36848.152.95$4,029
Jun 20151831,31656.152.88$14,069
May 201501,38455.212.96$4,090
Apr 201501,33849.822.71$3,621
Mar 201501,38842.892.93$4,073
Feb 20151801,28644.662.98$11,866
Jan 201501,44443.433.10$4,477
Dec 201401,43254.693.59$5,143
Nov 201401,33870.464.25$5,689
Oct 20141911,49878.303.90$20,799
Sep 201401,46286.164.05$5,914
Aug 201401,52589.394.04$6,154
Jul 201401,54396.564.18$6,449
Jun 20141921,51398.164.74$26,014
May 201401,56994.734.73$7,416
Apr 201401,53495.944.81$7,377
Mar 20141931,55695.895.06$26,375
Feb 201401,38697.406.19$8,582
Jan 201401,48890.404.86$7,233
Dec 201301,52991.824.35$6,658
Nov 20131791,52088.853.74$21,586
Oct 201301,63497.423.78$6,175
Sep 201301,596104.113.72$5,934
Aug 201301,652104.253.52$5,819
Jul 20131771,681102.523.72$24,396
Jun 201301,66394.403.93$6,541
May 201301,93594.834.15$8,028
Apr 20131921,15293.964.28$22,974
Mar 201301,62693.623.91$6,362
Feb 201301,48791.233.42$5,085
Jan 20131961,70291.603.42$23,774
Dec 201201,62686.773.42$5,561
Nov 201201,74186.953.62$6,311
Oct 201201,94689.383.40$6,616
Sep 20121882,00194.672.92$23,638
Aug 201202,15092.662.91$6,253
Jul 201202,17085.133.02$6,555
Jun 20121932,03379.822.52$20,526
May 201202,04191.612.49$5,079
Apr 201201,982101.652.00$3,958
Mar 20121941,974105.052.22$24,766
Feb 201201,945101.102.57$4,999
Jan 201202,16998.092.73$5,930
Dec 20111972,03496.873.24$25,673
Nov 201102,35195.723.31$7,785
Oct 201101,84284.983.65$6,721
Sep 20111921,74083.623.99$22,990
Aug 201101,74283.404.15$7,228
Jul 201101,95994.144.52$8,849
Jun 20111931,49392.904.64$24,857
May 201101,75198.134.40$7,713
Apr 201101,762105.964.33$7,635
Mar 20111951,85296.364.06$26,304
Feb 201101,52185.644.18$6,358
Jan 201101,62086.504.59$7,434
Dec 201001,82885.734.35$7,948
Nov 20101961,90580.843.80$23,075
Oct 201001,98478.103.51$6,962
Sep 201001,91772.633.98$7,629
Aug 20101871,97773.684.42$22,515
Jul 201001,92072.554.74$9,094
Jun 201001,90870.364.91$9,369
May 20101942,04071.124.24$22,437
Apr 201001,74581.694.12$7,194
Mar 201001,86878.394.39$8,198
Feb 201001,77173.585.44$9,638
Jan 20101952,00074.365.96$26,428
Dec 200902,01971.445.48$11,072
Nov 200902,00674.593.75$7,526
Oct 20091942,09372.544.11$22,676
Sep 200902,05865.543.06$6,307
Aug 200902,15267.423.22$6,926
Jul 20091922,21661.133.46$19,414
Jun 200902,16466.163.90$8,429
May 200902,23354.743.93$8,766
Apr 20091952,15446.773.59$16,848
Mar 200902,29742.144.06$9,324
Feb 200902,10132.814.63$9,734
Jan 200902,28335.865.37$12,262
Dec 20081792,41137.105.98$21,052
Nov 200802,59355.496.86$17,789
Oct 20081792,83075.246.92$33,057
Sep 2008075101.767.88$591
Aug 200812,623114.228.48$22,365
Jul 20081802,708131.0811.39$54,437
Jun 200812,697131.3313.03$35,280
May 20081652,775123.1711.57$52,442
Apr 200812,740110.3110.45$28,757
Mar 20081932,839101.909.66$47,103
Feb 200802,67992.538.77$23,496
Jan 200802,71690.388.21$22,287
Dec 20071682,88888.337.30$35,928
Nov 20071812,84091.677.29$37,301
Oct 200713,02082.856.92$20,987
Sep 200712,94575.846.24$18,465
Aug 20071773,01369.066.39$31,470
Jul 200703,15570.906.39$20,154
Jun 20071822,79662.007.55$32,389
May 200713,04958.747.85$23,982
Apr 20071802,99559.617.81$34,106
Mar 200713,07256.927.30$22,489
Feb 20071792,78555.108.22$32,744
Jan 200713,00550.306.73$20,264
Dec 20061833,19656.656.92$32,478
Nov 200613,00754.207.62$22,960
Oct 20061873,18554.906.01$29,420
Sep 200613,08860.085.04$15,615
Aug 20061793,23168.717.34$36,014
Jul 200603,23869.376.34$20,538
Jun 20061793,18566.286.38$32,197
May 200603,38066.016.42$21,717
Apr 20061903,25364.397.36$36,178
Mar 200613,27256.707.08$23,232
Feb 20061863,06157.597.75$34,438
Jan 200613,42060.598.93$30,613
Dec 20051823,31354.9413.42$54,444
Nov 200503,34954.6910.59$35,461
Oct 20051803,61658.3413.80$60,387
Sep 200503,10061.4512.08$37,445
Aug 20051883,57661.519.80$46,597
Jul 200503,39555.697.84$26,629
Jun 20051883,44052.337.38$35,229
May 200513,69945.226.65$24,648
Apr 20051843,67849.207.36$36,125
Mar 20051823,75950.377.15$36,063
Feb 200513,42745.226.31$21,676
Jan 20051863,89243.166.32$32,634
Dec 20041833,85239.866.75$33,300
Nov 200403,74445.286.33$23,701
Oct 20041794,08349.706.52$35,497
Sep 20041903,75343.245.28$28,046
Aug 200404,16242.375.55$23,102
Jul 20041864,52238.286.08$34,633
Jun 20041824,24036.106.43$33,846
May 200413,97837.486.49$25,873
Apr 20041844,00134.475.86$29,782
Mar 20041854,14834.365.53$29,296
Feb 200413,80732.455.51$21,008
Jan 20041904,12132.036.30$32,047
Dec 20031894,15530.266.30$31,902
Nov 20031844,19228.804.60$24,562
Oct 200304,29628.174.76$20,447
Sep 20031854,67926.314.75$27,090
Aug 20031854,95229.765.13$30,908
Jul 20031774,57029.415.17$28,836
Jun 20031884,61028.565.98$32,951
May 200304,05426.595.97$24,213
Apr 20031833,80926.675.41$25,477
Mar 20031854,18131.146.10$31,248
Feb 200313,60533.487.93$28,606
Jan 20031894,46530.315.58$30,652
Dec 20021824,42926.914.85$26,395
Nov 20021904,33824.664.14$22,632
Oct 200214,77226.464.23$20,208
Sep 20021744,57127.443.64$21,391
Aug 20021894,94525.963.16$20,553
Jul 20021874,73924.583.06$19,106
Jun 20021814,94823.733.34$20,813
May 20021924,91524.663.58$22,350
Apr 200214,55023.653.51$16,005
Mar 20021864,39622.003.10$17,732
Feb 20021914,19218.222.38$13,439
Jan 20021824,51917.172.38$13,861
Dec 20011825,04116.932.36$15,000
Nov 20011864,86418.072.41$15,061
Oct 20011865,21319.782.53$16,862
Sep 200114,90724.262.25$11,071
Aug 20011695,29524.873.05$20,370
Jul 20011825,46223.933.20$21,818
Jun 20011795,07324.563.82$23,796
May 20011795,62725.524.31$28,805
Apr 20011835,14524.685.34$31,967
Mar 20011855,51424.545.38$34,186
Feb 20011835,01327.755.77$33,989
Jan 20011835,55027.478.40$51,640
Dec 20001865,38626.889.12$54,133
Nov 20001845,53432.215.66$37,238
Oct 20001785,53131.235.15$34,019
Sep 20001795,59131.875.19$34,702
Aug 20003595,93729.644.54$37,599
Jul 20001776,95928.534.09$33,510
Jun 20001917,17629.304.40$37,151
May 20001847,43627.263.68$32,378
Apr 20003657,46624.513.12$32,210
Mar 20001818,62328.422.86$29,804
Feb 20003826,85027.622.73$29,227
Jan 20001026,09325.272.48$17,691
Dec 19993897,51824.282.42$27,666
Nov 19991867,51023.192.43$22,593
Oct 19993868,08120.982.80$30,755
Sep 19991987,94121.752.62$25,103
Aug 19993718,10319.262.88$30,446
Jul 19991997,17117.892.37$20,572
Jun 19991977,59015.942.36$21,069
May 19993946,66615.792.32$21,693
Apr 1999967,37815.102.21$17,741
Mar 19993978,42312.471.84$20,435
Feb 19994028,2689.981.82$19,041
Jan 19995927,28610.381.90$19,988
Dec 199806,3559.201.77$11,269
Nov 19981946,18310.892.19$15,627
Oct 19981916,67512.421.97$15,517
Sep 19983718,51812.592.08$22,411
Aug 199836310,27311.301.91$23,696
Jul 19981599,33211.742.24$22,745
Jun 19983609,60611.242.24$25,538
May 199855310,46912.622.21$30,077
Apr 19981949,43613.042.51$26,170
Mar 199838010,55112.802.31$29,231
Feb 19981909,27213.952.30$23,968
Jan 199836810,99614.702.15$29,104
Dec 199756110,53216.322.41$34,549
Nov 199733110,36418.193.09$38,028
Oct 199786311,12819.253.15$51,664
Sep 199721312,56117.742.95$40,895
Aug 199732710,70017.862.55$33,176
Jul 199756213,06917.582.25$39,245
Jun 199737612,38817.242.26$34,444
May 199737115,04418.972.31$41,767
Apr 199736712,35317.882.08$32,291
Mar 199737814,20718.951.94$34,712
Feb 199757214,18720.492.21$43,015
Jan 199736814,50223.483.54$59,973
Dec 199652115,41823.32$12,150
Nov 199671813,74421.97$15,774
Oct 199617817,75723.31$4,149
Sep 199634515,08022.22$7,666
Aug 199652920,08220.26$10,718
Jul 199667922,45219.55$13,274
Jun 19961702,73718.73$3,184
May 199636417,25319.43$7,073
Apr 199668617,12621.51$14,756
Mar 199658420,83419.38$11,318
Feb 199656318,70516.98$9,560
Jan 199652521,37717.07$8,962
Dec 199571322,72417.19$12,256
Nov 199572123,45516.00$11,536
Oct 199570625,22915.43$10,894
Sep 199573525,58716.18$11,892
Aug 199592727,46815.92$14,758
Jul 19951,12528,34115.24$17,145
Jun 199577328,74816.41$12,685
May 199592431,22117.56$16,225
Apr 19951,29430,73117.73$22,943
Mar 19951,28334,31616.44$21,093
Feb 19951,11632,52516.58$18,503
Jan 19951,66935,34015.92$26,570
Dec 19942,01733,23115.03$30,316
Nov 19942,27636,43715.90$36,188
Oct 19942,15237,17415.58$33,528
Sep 19942,80442,99615.29$42,873
Aug 19943,56350,10516.13$57,471
Jul 19943,89056,70617.56$68,308
Jun 19944,56665,44417.09$78,033
May 19945,95478,67515.88$94,550
Apr 19943,74644,84114.14$52,968

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 2017 — as filed, then multipliedworked
Condensate            95 bbl  × $ 49.29 =     $4,683
Gas                    0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $4,683

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/149818 is the state's own key, not one this site invented.