PRATT 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 149995District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Apr 1994 – May 2026
Value, last 12 filed months
$0
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 Gas111994-11-14131002
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
CondensateDisposition52,227 bbl$1,458,710
GasProduction1,358,258 Mcf$2,728,698
Total$4,187,407

694,319 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 30.1225, -96.6762. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.12252, -96.67620 · 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
15,044 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 15,044 ft.

Completions filed
Apr 1994
1 of 1 wells

1 well

42-149328561H15,044 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 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 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
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 2020034549.881.98$683
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 201986055.052.66$4,734
Aug 20194453.112.30$222
Jul 20193356.272.46$176
Jun 20190352.782.49$7
May 20190758.482.74$19
Apr 201907762.632.75$212
Mar 20190056.803.06$0
Feb 20190250.852.79$6
Jan 2019014246.033.23$458
Dec 201815646.594.19$281
Nov 2018236252.934.24$1,640
Oct 201817566761.443.40$13,019
Sep 2018070859.543.11$2,200
Aug 201801,12759.403.07$3,456
Jul 2018091565.142.93$2,683
Jun 201801,19460.183.08$3,674
May 201808565.382.90$247
Apr 201801,10663.842.90$3,208
Mar 20181831,04161.222.79$14,104
Feb 2018087761.782.77$2,426
Jan 20187288762.874.01$8,083
Dec 2017080557.272.92$2,352
Nov 2017091255.423.12$2,844
Oct 2017086649.292.98$2,584
Sep 2017081547.523.09$2,516
Aug 201717169045.373.00$9,831
Jul 2017071743.873.09$2,214
Jun 2017080842.493.09$2,495
May 2017089445.373.26$2,917
Apr 201701,34547.933.21$4,320
Mar 2017048546.772.98$1,447
Feb 201719066850.452.95$11,558
Jan 2017089649.413.42$3,063
Dec 2016081048.763.72$3,015
Nov 2016091942.492.64$2,430
Oct 201601,21646.193.09$3,758
Sep 201601,30241.553.10$4,037
Aug 201601,25141.442.92$3,658
Jul 20161891,35841.622.92$11,837
Jun 201601,33745.352.69$3,591
May 201601,36042.521.99$2,708
Apr 201601,41236.561.99$2,811
Mar 20161901,46133.011.79$8,893
Feb 201601,22126.472.06$2,520
Jan 201601,24827.352.36$2,951
Dec 201501,22032.362.00$2,442
Nov 20151901,32238.792.17$10,235
Oct 201501,48743.552.43$3,608
Sep 201501,08942.992.76$3,004
Aug 201501,39340.162.87$4,001
Jul 20151871,87448.152.95$14,523
Jun 201501,60956.152.88$4,639
May 201501,80055.212.96$5,320
Apr 20151881,77849.822.71$14,178
Mar 201501,83942.892.93$5,397
Feb 20151931,80944.662.98$14,003
Jan 201512,01343.433.10$6,285
Dec 201401,98354.693.59$7,122
Nov 20141912,02470.464.25$22,064
Oct 201402,13878.303.90$8,340
Sep 20141812,07886.164.05$24,001
Aug 201402,40489.394.04$9,700
Jul 20141912,15996.564.18$27,467
Jun 201401,50898.164.74$7,143
May 201401,47394.734.73$6,962
Apr 201401,36995.944.81$6,584
Mar 20141831,29495.895.06$24,091
Feb 201401,20597.406.19$7,461
Jan 201401,32690.404.86$6,445
Dec 201301,40491.824.35$6,114
Nov 20131931,41788.853.74$22,445
Oct 201321,51697.423.78$5,924
Sep 201301,444104.113.72$5,368
Aug 201301,503104.253.52$5,294
Jul 201319044102.523.72$19,642
Jun 201301,47194.403.93$5,786
May 201301,56494.834.15$6,489
Apr 201301,52493.964.28$6,527
Mar 201301,60393.623.91$6,272
Feb 20131871,43191.233.42$21,954
Jan 201301,47491.603.42$5,041
Dec 201201,33486.773.42$4,562
Nov 201201,97186.953.62$7,145
Oct 20121881,46889.383.40$21,794
Sep 201201,47794.672.92$4,310
Aug 201201,98992.662.91$5,784
Jul 20121881,80185.133.02$21,445
Jun 201211,80179.822.52$4,617
May 201201,06491.612.49$2,648
Apr 201201,133101.652.00$2,262
Mar 20121941,877105.052.22$24,551
Feb 201202,002101.102.57$5,146
Jan 20121882,05198.092.73$24,049
Dec 201101,71196.873.24$5,543
Nov 201101,12695.723.31$3,729
Oct 20111871,14184.983.65$20,054
Sep 201101,29183.623.99$5,146
Aug 201101,82183.404.15$7,556
Jul 20111902,04494.144.52$27,120
Jun 201101,88492.904.64$8,742
May 201112,00498.134.40$8,925
Apr 20111821,880105.964.33$27,431
Mar 20111851,86196.364.06$25,377
Feb 201111,81785.644.18$7,681
Jan 20111952,35386.504.59$27,665
Dec 201002,09785.734.35$9,117
Nov 20101912,25680.843.80$24,003
Oct 201002,18078.103.51$7,649
Sep 20101921,82672.633.98$21,211
Aug 201001,79273.684.42$7,919
Jul 201001,99372.554.74$9,440
Jun 20101901,93070.364.91$22,845
May 201001,83371.124.24$7,763
Apr 201001,84481.694.12$7,602
Mar 20101881,90978.394.39$23,115
Feb 201001,74873.585.44$9,513
Jan 201001,91274.365.96$11,403
Dec 20091931,88371.445.48$24,114
Nov 200901,86774.593.75$7,004
Oct 20091811,92272.544.11$21,030
Sep 200901,84465.543.06$5,651
Aug 200901,84867.423.22$5,948
Jul 20091871,69261.133.46$17,293
Jun 200901,71466.163.90$6,676
May 200901,82254.743.93$7,153
Apr 20091841,88646.773.59$15,372
Mar 200901,84542.144.06$7,489
Feb 20091821,72332.814.63$13,954
Jan 200901,98935.865.37$10,683
Dec 200801,87837.105.98$11,225
Nov 20081911,44355.496.86$20,498
Oct 200801,91775.246.92$13,269
Sep 200801,737101.767.88$13,683
Aug 200801,571114.228.48$13,327
Jul 20081841,469131.0811.39$40,850
Jun 200801,898131.3313.03$24,736
May 200801,644123.1711.57$19,028
Apr 20081891,834110.3110.45$40,023
Mar 200801,733101.909.66$16,748
Feb 200801,79892.538.77$15,770
Jan 20081951,84890.388.21$32,788
Dec 200701,80488.337.30$13,173
Nov 200701,72191.677.29$12,549
Oct 20071761,83082.856.92$27,249
Sep 200701,83275.846.24$11,439
Aug 200701,84369.066.39$11,773
Jul 20071821,91870.906.39$25,156
Jun 200701,94962.007.55$14,712
May 200701,81858.747.85$14,265
Apr 20071851,93059.617.81$26,092
Mar 200702,10056.927.30$15,334
Feb 200701,89555.108.22$15,569
Jan 20071762,08350.306.73$22,865
Dec 200602,21756.656.92$15,338
Nov 20061982,19654.207.62$27,460
Oct 200602,09254.906.01$12,581
Sep 200602,18960.085.04$11,026
Aug 20061842,26568.717.34$29,268
Jul 200602,30769.376.34$14,633
Jun 200602,05966.286.38$13,144
May 20061752,35266.016.42$26,663
Apr 200602,18164.397.36$16,053
Mar 200602,29156.707.08$16,227
Feb 20061912,06457.597.75$26,998
Jan 200602,34060.598.93$20,904
Dec 200502,31854.9413.42$31,097
Nov 20051772,20454.6910.59$33,017
Oct 200502,41158.3413.80$33,262
Sep 200502,11061.4512.08$25,487
Aug 20051672,44261.519.80$34,196
Jul 200502,30555.697.84$18,080
Jun 20051682,26252.337.38$25,487
May 200502,47745.226.65$16,475
Apr 20051802,41649.207.36$26,639
Mar 200502,29450.377.15$16,413
Feb 200502,29745.226.31$14,498
Jan 20051802,62343.166.32$24,352
Dec 200402,37839.866.75$16,054
Nov 20041552,28345.286.33$21,471
Oct 200402,51449.706.52$16,379
Sep 20041822,49943.245.28$21,074
Aug 200402,53042.375.55$14,043
Jul 200402,47338.286.08$15,046
Jun 20041732,44436.106.43$21,968
May 200402,51437.486.49$16,327
Apr 20041552,61234.475.86$20,645
Mar 200412,52034.365.53$13,970
Feb 20041822,59632.455.51$20,209
Jan 200402,63532.036.30$16,600
Dec 20031762,72630.266.30$22,504
Nov 200302,62828.804.60$12,076
Oct 20031812,88228.174.76$18,816
Sep 200302,61626.314.75$12,424
Aug 20031782,72329.765.13$19,266
Jul 200302,66529.415.17$13,780
Jun 20031802,61728.565.98$20,798
May 200302,89326.595.97$17,279
Apr 20031802,72026.675.41$19,508
Mar 200302,73531.146.10$16,673
Feb 20031862,61733.487.93$26,969
Jan 200302,98030.315.58$16,634
Dec 20021832,59326.914.85$17,510
Nov 200202,74024.664.14$11,335
Oct 20021832,94526.464.23$17,297
Sep 20021792,80627.443.64$15,112
Aug 200202,85925.963.16$9,046
Jul 20021873,06124.583.06$13,969
Jun 200203,01623.733.34$10,068
May 20021792,85124.663.58$14,632
Apr 200202,85823.653.51$10,038
Mar 20021782,94322.003.10$13,047
Feb 200202,73218.222.38$6,490
Jan 20021813,09317.172.38$10,456
Dec 200102,68216.932.36$6,341
Nov 20011932,70218.072.41$9,987
Oct 200102,77819.782.53$7,025
Sep 20011792,49424.262.25$9,957
Aug 20011882,55724.873.05$12,482
Jul 200102,30123.933.20$7,356
Jun 20011891,74324.563.82$11,307
May 200102,13725.524.31$9,205
Apr 200102,56124.685.34$13,664
Mar 20011812,22224.545.38$16,388
Feb 20011802,27427.755.77$18,109
Jan 200102,87327.478.40$24,130
Dec 20001803,27426.889.12$34,705
Nov 200002,59832.215.66$14,699
Oct 20001802,83531.235.15$20,209
Sep 200002,79331.875.19$14,486
Aug 20001792,83229.644.54$18,165
Jul 200002,79428.534.09$11,427
Jun 20001893,07429.304.40$19,055
May 200003,11827.263.68$11,473
Apr 20001806,46624.513.12$24,560
Mar 20001842,84928.422.86$13,377
Feb 20001814,25427.622.73$16,598
Jan 200004,87525.272.48$12,092
Dec 19991804,00324.282.42$14,073
Nov 19991895,36923.192.43$17,451
Oct 19991853,72120.982.80$14,314
Sep 19991855,30021.752.62$17,904
Aug 199904,13419.262.88$11,888
Jul 19991775,74217.892.37$16,789
Jun 19991934,01615.942.36$12,563
May 19991915,25915.792.32$15,222
Apr 19991814,36515.102.21$12,371
Mar 199905,37512.471.84$9,881
Feb 19991803,9779.981.82$9,026
Jan 19991895,04910.381.90$11,555
Dec 19981975,6289.201.77$11,793
Nov 19981814,53710.892.19$11,888
Oct 19981876,05612.421.97$14,248
Sep 19981825,21312.592.08$13,148
Aug 199805,73911.301.91$10,946
Jul 19981786,11811.742.24$15,777
Jun 19981785,05511.242.24$13,310
May 19981785,88512.622.21$15,231
Apr 19981796,01413.042.51$17,401
Mar 19981806,04312.802.31$16,260
Feb 19981784,86413.952.30$13,666
Jan 19983547,14214.702.15$20,593
Dec 19973659,29816.322.41$28,375
Nov 199704,80718.193.09$14,845
Oct 19973617,96619.253.15$32,041
Sep 19971847,96517.742.95$26,800
Aug 19973508,22817.862.55$27,271
Jul 19971886,79317.582.25$18,569
Jun 19973778,45017.242.26$25,573
May 19973637,39318.972.31$23,953
Apr 199709,35317.882.08$19,480
Mar 199756112,58918.951.94$35,043
Feb 19973766,62620.492.21$22,321
Jan 19971906,03023.483.54$25,806
Dec 19961826,85723.32$4,244
Nov 19963916,75121.97$8,590
Oct 19961806,47323.31$4,196
Sep 19961815,18822.22$4,022
Aug 19961895,57420.26$3,829
Jul 19961835,96119.55$3,578
Jun 19965429,59418.73$10,152
May 19961839,16419.43$3,556
Apr 19961815,36721.51$3,893
Mar 19961838,27619.38$3,547
Feb 19963646,85316.98$6,181
Jan 19961896,43417.07$3,226
Dec 199556310,37117.19$9,678
Nov 19951957,79416.00$3,120
Oct 19953609,09915.43$5,555
Sep 19953689,55016.18$5,954
Aug 199536513,33415.92$5,811
Jul 199571115,39915.24$10,836
Jun 199537914,79016.41$6,219
May 199556116,67617.56$9,851
Apr 199577017,21317.73$13,652
Mar 199573418,39816.44$12,067
Feb 199594913,54216.58$15,734
Jan 199571518,00915.92$11,383
Dec 199473419,08315.03$11,032
Nov 19941,09019,90415.90$17,331
Oct 19941,44529,83015.58$22,513
Sep 19941,43734,59815.29$21,972
Aug 19941,78141,10516.13$28,728
Jul 19942,16547,37317.56$38,017
Jun 19942,53461,45517.09$43,306
May 19943,95084,20715.88$62,726
Apr 19944,725110,09714.14$66,812

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.

Feb 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.88 =         $0
Gas                  345 Mcf  × $  1.98 =       $683

────────────────────────────────────────────────────
Month total                                     $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/149995 is the state's own key, not one this site invented.