NOAK-OL 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 149894District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Apr 1994 – May 2026
Value, last 12 filed months
$97 k
at the published price for each month
Months reported
386
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 Gas111994-10-31130923
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
CondensateDisposition37,140 bbl$996,814
GasProduction2,582,986 Mcf$4,519,016
Total$5,515,830

1,494,193 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 30.0803, -96.6539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.08026, -96.65391 · 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
16,325 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 16,325 ft.

Completions filed
Apr 1994
1 of 1 wells

1 well

42-14932833116,325 ftApr 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 (386)

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

386 months

May 202602,093106.413.05$6,375
Apr 202601,51798.932.87$4,353
Mar 202601,48989.753.15$4,690
Feb 202602,74563.503.75$10,295
Jan 202601,04459.138.00$8,350
Dec 202501,91456.664.41$8,447
Nov 202511,86458.593.93$7,377
Oct 20251692,05659.383.30$16,830
Sep 202502,03862.743.08$6,271
Aug 202502,53663.933.01$7,645
Jul 202502,48966.743.32$8,252
Jun 202502,45166.483.13$7,668
May 202512,62860.553.23$8,555
Apr 202512,41862.363.54$8,630
Mar 202501,52467.704.27$6,505
Feb 202501,70370.884.34$7,392
Jan 2025099274.324.28$4,244
Dec 202401,45568.993.12$4,542
Nov 2024188869.052.20$2,021
Oct 2024050571.372.28$1,152
Sep 202416699169.612.36$13,898
Aug 202411,26175.632.06$2,678
Jul 202401,12579.932.15$2,415
Jun 202401,00378.082.63$2,642
May 202421,59278.812.20$3,658
Apr 202401,42884.451.66$2,369
Mar 202421,62380.301.55$2,668
Feb 202401,12076.091.78$1,998
Jan 2024052773.023.30$1,738
Dec 202311,34871.262.61$3,591
Nov 20231821,54677.892.81$18,516
Oct 202321,96285.443.09$6,228
Sep 202311,21689.042.74$3,415
Aug 2023092280.522.67$2,464
Jul 2023460674.852.64$1,900
Jun 202321,30968.962.26$3,094
May 202311,90070.622.23$4,303
Apr 202301,42478.122.24$3,187
Mar 202332,55972.852.39$6,343
Feb 202317374975.112.47$14,841
Jan 202352,71176.533.39$9,567
Dec 202202,03176.415.73$11,636
Nov 202202,27185.005.65$12,823
Oct 202202,30187.185.86$13,493
Sep 202272,73684.888.16$22,930
Aug 202203,20494.529.13$29,243
Jul 20221922,955101.587.54$41,790
Jun 202242,067115.097.98$16,949
May 202232,498109.378.43$21,394
Apr 202203,174104.226.84$21,703
Mar 202263,952108.885.08$20,715
Feb 202223,00091.054.86$14,759
Jan 20222025,41181.844.54$41,085
Dec 202114,16971.323.90$16,327
Nov 202155,00977.435.24$26,619
Oct 202105,20979.795.71$29,764
Sep 202102,61169.865.35$13,971
Aug 202102,82866.024.22$11,936
Jul 202102,93770.783.98$11,695
Jun 20211925,64469.493.38$32,422
May 202104,75763.483.02$14,355
Apr 202103,67160.362.76$10,126
Mar 202105,74761.302.72$15,614
Feb 202105,04157.805.55$27,967
Jan 202107,24150.412.81$20,349
Dec 202008,00544.642.68$21,417
Nov 20201658,13138.772.71$28,404
Oct 202007,98136.972.48$19,780
Sep 202027,21237.091.99$14,434
Aug 2020106,72639.982.39$16,442
Jul 20201875,61838.371.83$17,429
Jun 202005,51734.901.69$9,325
May 202006,36716.921.81$11,555
Apr 2020246,26714.751.80$11,662
Mar 20201818,11930.341.86$20,562
Feb 202009,51949.881.98$18,854
Jan 2020013,81357.252.09$28,935
Dec 201913716,54359.012.30$46,205
Nov 201919023,23155.302.75$74,409
Oct 201917729,92153.472.42$81,829
Sep 2019010,86455.052.66$28,869
Aug 201921915,06853.112.30$46,353
Jul 201903,39056.272.46$8,340
Jun 2019059952.782.49$1,492
May 2019077158.482.74$2,113
Apr 201915587862.632.75$12,123
Mar 2019091956.803.06$2,814
Feb 201901,02750.852.79$2,868
Jan 201901,36046.033.23$4,390
Dec 201801,86446.594.19$7,802
Nov 201802,90852.934.24$12,322
Oct 201803,33761.443.40$11,339
Sep 201803,87359.543.11$12,037
Aug 20181784,70759.403.07$25,008
Jul 2018010,61065.142.93$31,107
Jun 201807,73560.183.08$23,800
May 201801,18165.382.90$3,426
Apr 201801,90863.842.90$5,535
Mar 2018070861.222.79$1,973
Feb 201803361.782.77$91
Jan 201803662.874.01$144
Dec 2017013157.272.92$383
Nov 201701555.423.12$47
Oct 2017016349.292.98$486
Sep 201705947.523.09$182
Aug 2017015245.373.00$457
Jul 2017014043.873.09$432
Jun 2017015142.493.09$466
May 2017014945.373.26$486
Apr 2017013847.933.21$443
Mar 2017013846.772.98$412
Feb 2017015950.452.95$469
Jan 2017019649.413.42$670
Dec 20160048.763.72$0
Nov 2016019742.492.64$521
Oct 2016031446.193.09$970
Sep 2016030641.553.10$949
Aug 2016033841.442.92$988
Jul 2016041841.622.92$1,222
Jun 2016058245.352.69$1,563
May 2016047542.521.99$946
Apr 2016041136.561.99$818
Mar 2016046433.011.79$832
Feb 2016059726.472.06$1,232
Jan 2016054027.352.36$1,277
Dec 2015063632.362.00$1,273
Nov 2015061338.792.17$1,329
Oct 2015068043.552.43$1,650
Sep 2015069542.992.76$1,917
Aug 201501,15340.162.87$3,312
Jul 201501,16048.152.95$3,416
Jun 20151921,53556.152.88$15,206
May 201501,69555.212.96$5,009
Apr 201501,70449.822.71$4,612
Mar 201501,73942.892.93$5,103
Feb 201501,58144.662.98$4,705
Jan 201501,91243.433.10$5,928
Dec 201401,74554.693.59$6,267
Nov 201401,62970.464.25$6,926
Oct 201401,74678.303.90$6,811
Sep 201401,78786.164.05$7,229
Aug 201401,84589.394.04$7,445
Jul 201401,88596.564.18$7,879
Jun 201401,89198.164.74$8,957
May 201401,96294.734.73$9,274
Apr 20141861,91395.944.81$27,045
Mar 201402,17295.895.06$10,983
Feb 201401,98597.406.19$12,291
Jan 201402,16190.404.86$10,504
Dec 201301,81191.824.35$7,886
Nov 201302,12188.853.74$7,929
Oct 201302,33297.423.78$8,813
Sep 201302,414104.113.72$8,975
Aug 201302,847104.253.52$10,029
Jul 20131743,285102.523.72$30,051
Jun 201301,61394.403.93$6,345
May 201302,35394.834.15$9,763
Apr 201302,61493.964.28$11,195
Mar 201302,22193.623.91$8,690
Feb 201302,32591.233.42$7,951
Jan 201302,83991.603.42$9,709
Dec 201202,90886.773.42$9,946
Nov 201203,03486.953.62$10,998
Oct 201202,84389.383.40$9,665
Sep 20121852,98294.672.92$26,217
Aug 201203,25992.662.91$9,478
Jul 201203,51185.133.02$10,606
Jun 201203,45179.822.52$8,693
May 201203,71791.612.49$9,249
Apr 201203,927101.652.00$7,841
Mar 20121904,144105.052.22$29,168
Feb 201204,378101.102.57$11,253
Jan 201204,67798.092.73$12,787
Dec 201104,92396.873.24$15,949
Nov 201105,28095.723.31$17,484
Oct 20111926,24484.983.65$39,098
Sep 201107,64283.623.99$30,459
Aug 201109,91083.404.15$41,120
Jul 201117612,14394.144.52$71,421
Jun 201107,36992.904.64$34,191
May 201102,32798.134.40$10,250
Apr 201101,889105.964.33$8,186
Mar 20111952,02096.364.06$26,986
Feb 201101,70985.644.18$7,144
Jan 201101,80486.504.59$8,278
Dec 201001,42185.734.35$6,178
Nov 201001,30580.843.80$4,953
Oct 201001,74678.103.51$6,127
Sep 201001,74772.633.98$6,952
Aug 201001,74273.684.42$7,699
Jul 201001,81572.554.74$8,597
Jun 201001,81070.364.91$8,888
May 201001,91771.124.24$8,119
Apr 201001,80681.694.12$7,446
Mar 201001,82278.394.39$7,996
Feb 201001,66673.585.44$9,067
Jan 201001,89474.365.96$11,296
Dec 200901,91471.445.48$10,496
Nov 20091921,84774.593.75$21,250
Oct 200902,04572.544.11$8,405
Sep 200901,88665.543.06$5,780
Aug 200902,04567.423.22$6,582
Jul 200902,08961.133.46$7,237
Jun 200901,99666.163.90$7,774
May 200902,25754.743.93$8,860
Apr 200902,28246.773.59$8,187
Mar 200902,38542.144.06$9,681
Feb 200902,28132.814.63$10,568
Jan 20091972,92935.865.37$22,796
Dec 200802,92837.105.98$17,501
Nov 200801,91055.496.86$13,103
Oct 200801,09475.246.92$7,573
Sep 200801,041101.767.88$8,200
Aug 200801,103114.228.48$9,357
Jul 200801,044131.0811.39$11,891
Jun 200801,538131.3313.03$20,044
May 200802,566123.1711.57$29,700
Apr 20081952,531110.3110.45$47,972
Mar 200803,036101.909.66$29,340
Feb 200803,04192.538.77$26,671
Jan 200802,63990.388.21$21,655
Dec 200703,20788.337.30$23,417
Nov 2007093091.677.29$6,781
Oct 200701,58882.856.92$10,992
Sep 200701,85175.846.24$11,558
Aug 20071922,66869.066.39$30,303
Jul 200771,94570.906.39$12,921
Jun 200701,04062.007.55$7,850
May 200782,76858.747.85$22,188
Apr 200751,75659.617.81$14,004
Mar 200702,63356.927.30$19,226
Feb 200703,00055.108.22$24,648
Jan 200701,74850.306.73$11,759
Dec 200601,45756.656.92$10,080
Nov 20062012,69054.207.62$31,385
Oct 200632,55654.906.01$15,536
Sep 200672,87160.085.04$14,882
Aug 200653,23968.717.34$24,118
Jul 200633,01669.376.34$19,338
Jun 200622,49766.286.38$16,073
May 20061843,10166.016.42$32,070
Apr 200623,41764.397.36$25,280
Mar 200673,77956.707.08$27,163
Feb 200613,58257.597.75$27,822
Jan 20061694,34660.598.93$49,064
Dec 200514,56554.9413.42$61,296
Nov 200552,76654.6910.59$29,561
Oct 20051574,40258.3413.80$69,888
Sep 200534,45361.4512.08$53,972
Aug 200535,27861.519.80$51,892
Jul 20051985,72055.697.84$55,892
Jun 2005145,25752.337.38$39,535
May 2005102,67245.226.65$18,224
Apr 200532,66749.207.36$19,778
Mar 20051923,15150.377.15$32,216
Feb 200553,99045.226.31$25,411
Jan 200533,17843.166.32$20,221
Dec 20041923,08239.866.75$28,460
Nov 200413,93245.286.33$24,936
Oct 200413,89949.706.52$25,452
Sep 20041844,27643.245.28$30,550
Aug 200413,54242.375.55$19,703
Jul 200413,31838.286.08$20,226
Jun 20041764,86136.106.43$37,625
May 20041745,27437.486.49$40,774
Apr 200495,51334.475.86$32,608
Mar 20041946,04134.365.53$40,073
Feb 200455,97832.455.51$33,099
Jan 20041947,25132.036.30$51,893
Dec 20031867,59130.266.30$53,464
Nov 20031838,38328.804.60$43,792
Oct 200347,41528.174.76$35,405
Sep 20033709,38126.314.75$54,288
Aug 200318413,05629.765.13$72,449
Jul 20032813,02629.415.17$68,179
Jun 200312844628.565.98$6,324
May 2003093726.595.97$5,596
Apr 2003087526.675.41$4,731
Mar 200301,09531.146.10$6,675
Feb 2003077733.487.93$6,158
Jan 200312,22730.315.58$12,462
Dec 2002013926.914.85$675
Nov 200201,13424.664.14$4,691
Oct 2002063026.464.23$2,664
Sep 200216763527.443.64$6,891
Aug 2002097525.963.16$3,085
Jul 200201,08024.583.06$3,307
Jun 2002046123.733.34$1,539
May 200201,08824.663.58$3,899
Apr 200202,02223.653.51$7,102
Mar 200201,55122.003.10$4,812
Feb 200201,24018.222.38$2,946
Jan 20021851,70317.172.38$7,222
Dec 200104,50216.932.36$10,645
Nov 200101,88418.072.41$4,532
Oct 200104,55419.782.53$11,517
Sep 200102,15524.262.25$4,852
Aug 20011782,27924.873.05$11,385
Jul 200102,50423.933.20$8,005
Jun 200102,21024.563.82$8,451
May 200102,48825.524.31$10,717
Apr 20011802,28124.685.34$16,612
Mar 200101,98724.545.38$10,683
Feb 200102,01427.755.77$11,615
Jan 200102,24227.478.40$18,830
Dec 200002,93426.889.12$26,765
Nov 200002,84032.215.66$16,069
Oct 20001812,93131.235.15$20,734
Sep 200003,29131.875.19$17,069
Aug 200003,62929.644.54$16,478
Jul 200003,56128.534.09$14,564
Jun 20001843,42629.304.40$20,456
May 200006,92227.263.68$25,471
Apr 200003,54324.513.12$11,040
Mar 20001833,58228.422.86$15,444
Feb 200003,97527.622.73$10,838
Jan 200005,15225.272.48$12,780
Dec 19991856,03524.282.42$19,119
Nov 199908,03723.192.43$19,562
Oct 19991797,71420.982.80$25,383
Sep 199901,37921.752.62$3,611
Aug 199902,30519.262.88$6,628
Jul 199901,39117.892.37$3,300
Jun 199902,06815.942.36$4,885
May 19991813,40415.792.32$10,759
Apr 199901,39815.102.21$3,087
Mar 199902,65612.471.84$4,883
Feb 199901,4859.981.82$2,699
Jan 199902,91010.381.90$5,529
Dec 19983571,9199.201.77$6,687
Nov 199801,71910.892.19$3,757
Oct 199875,67012.421.97$11,252
Sep 199805,08112.592.08$10,582
Aug 1998037811.301.91$721
Jul 199803,40911.742.24$7,627
Jun 199802,17611.242.24$4,868
May 199802,39412.622.21$5,282
Apr 199803,76913.042.51$9,443
Mar 19981823,72912.802.31$10,942
Feb 199803,92013.952.30$9,013
Jan 199802,17114.702.15$4,678
Dec 199702,54016.322.41$6,124
Nov 19971852,04418.193.09$9,678
Oct 199702,37019.253.15$7,465
Sep 199703,75217.742.95$11,087
Aug 199704,79917.862.55$12,260
Jul 19971784,12817.582.25$12,405
Jun 199703,93117.242.26$8,873
May 199703,63018.972.31$8,380
Apr 199705,02917.882.08$10,474
Mar 19971795,16218.951.94$13,402
Feb 199705,22520.492.21$11,526
Jan 19971845,04023.483.54$22,160
Dec 199605,84523.32$0
Nov 19961856,20921.97$4,064
Oct 199608,84423.31$0
Sep 199617610,64422.22$3,911
Aug 1996012,57320.26$0
Jul 199618012,43219.55$3,519
Jun 199618311,06818.73$3,428
May 199636411,84619.43$7,073
Apr 1996012,09221.51$0
Mar 199636312,80019.38$7,035
Feb 199618610,84716.98$3,158
Jan 199619012,58517.07$3,243
Dec 199536214,82117.19$6,223
Nov 199536115,23516.00$5,776
Oct 199518917,71115.43$2,916
Sep 199535823,48316.18$5,792
Aug 199536925,00815.92$5,874
Jul 199571929,87615.24$10,958
Jun 199536025,19716.41$5,908
May 199558228,84617.56$10,220
Apr 199592936,76417.73$16,471
Mar 199555243,68616.44$9,075
Feb 19951,12546,08616.58$18,653
Jan 199556037,58715.92$8,915
Dec 19941,27449,00915.03$19,148
Nov 19941,26850,88515.90$20,161
Oct 19941,26661,88715.58$19,724
Sep 19941,43187,61515.29$21,880
Aug 19941,992121,95016.13$32,131
Jul 19942,136145,04317.56$37,508
Jun 19942,868169,81317.09$49,014
May 19943,422223,32715.88$54,341
Apr 19941,478112,57914.14$20,899

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                2,093 Mcf  × $  3.05 =     $6,375

────────────────────────────────────────────────────
Month total                                   $6,375

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/149894 is the state's own key, not one this site invented.