MCWHORTER 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 150469District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Jun 1994 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
384
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 Gas111994-10-31130924
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
CondensateDisposition30,051 bbl$826,242
GasProduction2,316,548 Mcf$4,840,046
Total$5,666,288

1,002,122 Mcf of this lease's gas, across 31 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 30.0524, -96.6681. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.05242, -96.66809 · 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
15,253 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 15,253 ft.

Completions filed
Jun 1994
1 of 1 wells

1 well

42-14932886115,253 ftJun 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 (384)

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

384 months

May 20260502106.413.05$1,529
Apr 2026038498.932.87$1,102
Mar 2026039489.753.15$1,241
Feb 2026047563.503.75$1,781
Jan 2026036559.138.00$2,919
Dec 2025041856.664.41$1,845
Nov 2025048158.593.93$1,889
Oct 2025055659.383.30$1,837
Sep 2025043062.743.08$1,323
Aug 2025053463.933.01$1,610
Jul 2025059266.743.32$1,963
Jun 2025058166.483.13$1,818
May 2025055360.553.23$1,787
Apr 2025055262.363.54$1,956
Mar 20255843267.704.27$5,771
Feb 2025042370.884.34$1,836
Jan 2025068374.324.28$2,922
Dec 2024059368.993.12$1,851
Nov 2024066269.052.20$1,455
Oct 2024078171.372.28$1,782
Sep 202416072869.612.36$12,859
Aug 2024090875.632.06$1,874
Jul 202401,81079.932.15$3,885
Jun 202401,43378.082.63$3,774
May 202401,59878.812.20$3,513
Apr 202401,63884.451.66$2,718
Mar 202401,36880.301.55$2,114
Feb 202416,12176.091.78$10,994
Jan 20241792,55773.023.30$21,503
Dec 202301,90671.262.61$4,976
Nov 202302,05077.892.81$5,756
Oct 202311,95285.443.09$6,112
Sep 202307,56489.042.74$20,688
Aug 20231854,31680.522.67$26,432
Jul 202326,13474.852.64$16,355
Jun 202312,63268.962.26$6,013
May 202303,53470.622.23$7,872
Apr 20231943,15178.122.24$22,206
Mar 202331,90172.852.39$4,768
Feb 2023092375.112.47$2,276
Jan 2023084976.533.39$2,876
Dec 2022130176.415.73$1,801
Nov 2022066685.005.65$3,760
Oct 2022064487.185.86$3,776
Sep 202253,24884.888.16$26,940
Aug 20221871,29294.529.13$29,468
Jul 202201,494101.587.54$11,268
Jun 20220663115.097.98$5,289
May 2022193491109.378.43$25,249
Apr 202201,115104.226.84$7,624
Mar 20220830108.885.08$4,213
Feb 202201,29891.054.86$6,307
Jan 202201,23981.844.54$5,622
Dec 2021071971.323.90$2,803
Nov 2021023177.435.24$1,210
Oct 20211881,33779.795.71$22,640
Sep 2021085469.865.35$4,570
Aug 202101,94566.024.22$8,209
Jul 202101,81970.783.98$7,243
Jun 202102,09769.493.38$7,089
May 202102,44463.483.02$7,375
Apr 202102,67060.362.76$7,365
Mar 202103,09161.302.72$8,398
Feb 202102,98157.805.55$16,538
Jan 20211943,55650.412.81$19,773
Dec 202003,71444.642.68$9,937
Nov 202003,47638.772.71$9,408
Oct 202003,71136.972.48$9,197
Sep 202003,52537.091.99$7,018
Aug 20201923,90039.982.39$16,978
Jul 202003,88138.371.83$7,083
Jun 202004,01034.901.69$6,778
May 202004,06916.921.81$7,384
Apr 20202074,10214.751.80$10,455
Mar 202004,56330.341.86$8,470
Feb 202004,91549.881.98$9,735
Jan 20201696,13357.252.09$22,522
Dec 201907,12559.012.30$16,419
Nov 20191898,54855.302.75$33,965
Oct 201909,83653.472.42$23,789
Sep 2019010,18955.052.66$27,075
Aug 201918510,86453.112.30$34,860
Jul 2019016,89456.272.46$41,560
Jun 20191969,72552.782.49$34,572
May 2019014,99258.482.74$41,083
Apr 201918019,18562.632.75$64,046
Mar 201917625,19556.803.06$87,146
Feb 201917922,38750.852.79$71,612
Jan 2019014,03646.033.23$45,311
Dec 201801,85546.594.19$7,764
Nov 2018080452.934.24$3,407
Oct 201802861.443.40$95
Sep 2018011159.543.11$345
Aug 2018016459.403.07$503
Jul 2018019365.142.93$566
Jun 2018018360.183.08$563
May 2018014365.382.90$415
Apr 2018017663.842.90$511
Mar 2018011761.222.79$326
Feb 2018022761.782.77$628
Jan 2018016962.874.01$678
Dec 2017018557.272.92$540
Nov 2017022255.423.12$692
Oct 2017022149.292.98$659
Sep 2017024347.523.09$750
Aug 2017026845.373.00$805
Jul 2017025643.873.09$790
Jun 2017024142.493.09$744
May 2017023645.373.26$770
Apr 2017028647.933.21$919
Mar 2017028046.772.98$835
Feb 2017030850.452.95$909
Jan 2017031349.413.42$1,070
Dec 2016039348.763.72$1,463
Nov 2016032442.492.64$857
Oct 2016034746.193.09$1,072
Sep 2016036241.553.10$1,122
Aug 2016035241.442.92$1,029
Jul 2016039841.622.92$1,164
Jun 2016047045.352.69$1,262
May 2016051042.521.99$1,015
Apr 2016042836.561.99$852
Mar 2016051833.011.79$929
Feb 2016043026.472.06$887
Jan 2016051127.352.36$1,208
Dec 2015055232.362.00$1,105
Nov 2015054938.792.17$1,190
Oct 2015060743.552.43$1,473
Sep 2015059742.992.76$1,647
Aug 20151651,40840.162.87$10,671
Jul 201501,46648.152.95$4,317
Jun 201501,28156.152.88$3,693
May 201501,48355.212.96$4,383
Apr 201501,66949.822.71$4,517
Mar 201501,71842.892.93$5,042
Feb 201501,67944.662.98$4,997
Jan 201501,52943.433.10$4,741
Dec 201401,47954.693.59$5,312
Nov 201401,86770.464.25$7,938
Oct 201401,86978.303.90$7,291
Sep 201401,72486.164.05$6,974
Aug 201401,98689.394.04$8,014
Jul 201402,03996.564.18$8,522
Jun 20141922,27098.164.74$29,599
May 201402,56994.734.73$12,143
Apr 201401,75995.944.81$8,459
Mar 2014056095.895.06$2,832
Feb 2014062797.406.19$3,882
Jan 2014072790.404.86$3,534
Dec 2013073691.824.35$3,205
Nov 2013080388.853.74$3,002
Oct 201301,41697.423.78$5,352
Sep 201301,609104.113.72$5,982
Aug 201301,918104.253.52$6,756
Jul 201301,942102.523.72$7,220
Jun 201301,86494.403.93$7,332
May 201302,03294.834.15$8,431
Apr 201301,95893.964.28$8,385
Mar 201302,12393.623.91$8,307
Feb 201302,14291.233.42$7,325
Jan 201302,11191.603.42$7,219
Dec 201201,73986.773.42$5,948
Nov 201201,80986.953.62$6,558
Oct 20121911,90989.383.40$23,562
Sep 201201,98394.672.92$5,787
Aug 201201,99992.662.91$5,813
Jul 201202,21585.133.02$6,691
Jun 201202,73979.822.52$6,900
May 201202,81891.612.49$7,012
Apr 201202,127101.652.00$4,247
Mar 201201,180105.052.22$2,622
Feb 20120965101.102.57$2,480
Jan 201201,16598.092.73$3,185
Dec 201101,71796.873.24$5,563
Nov 20111941,85995.723.31$24,725
Oct 201102,15184.983.65$7,848
Sep 201102,04983.623.99$8,167
Aug 201102,04883.404.15$8,498
Jul 201102,15594.144.52$9,735
Jun 201102,02692.904.64$9,400
May 201102,58798.134.40$11,395
Apr 201101,048105.964.33$4,541
Mar 2011053096.364.06$2,150
Feb 201101,73285.644.18$7,240
Jan 201102,13286.504.59$9,783
Dec 201002,22685.734.35$9,678
Nov 201002,26580.843.80$8,596
Oct 201002,48378.103.51$8,713
Sep 20101942,53372.633.98$24,170
Aug 201002,66273.684.42$11,764
Jul 201002,60672.554.74$12,343
Jun 201002,25370.364.91$11,063
May 201001,25071.124.24$5,294
Apr 201001,89681.694.12$7,817
Mar 201002,33278.394.39$10,234
Feb 201002,15673.585.44$11,734
Jan 201002,42074.365.96$14,433
Dec 200902,38771.445.48$13,090
Nov 200902,48274.593.75$9,311
Oct 200902,73372.544.11$11,233
Sep 200902,23365.543.06$6,844
Aug 20091892,82767.423.22$21,841
Jul 200901,72161.133.46$5,962
Jun 200902,11866.163.90$8,250
May 200902,19154.743.93$8,601
Apr 200902,16546.773.59$7,767
Mar 200902,40942.144.06$9,778
Feb 200902,02232.814.63$9,368
Jan 200902,57635.865.37$13,836
Dec 200802,59737.105.98$15,523
Nov 200802,12855.496.86$14,599
Oct 200802,48375.246.92$17,187
Sep 200802,518101.767.88$19,835
Aug 20081943,115114.228.48$48,583
Jul 200803,209131.0811.39$36,549
Jun 200802,861131.3313.03$37,286
May 200803,289123.1711.57$38,068
Apr 200802,905110.3110.45$30,371
Mar 200802,519101.909.66$24,344
Feb 20081972,86292.538.77$43,330
Jan 200802,74490.388.21$22,517
Dec 200701,77688.337.30$12,968
Nov 200703,79391.677.29$27,657
Oct 200703,98782.856.92$27,598
Sep 200703,06875.846.24$19,157
Aug 20071932,94069.066.39$32,109
Jul 200732,41670.906.39$15,646
Jun 200733,51862.007.55$26,741
May 200773,15258.747.85$25,143
Apr 200752,30159.617.81$18,258
Mar 200701,52456.927.30$11,128
Feb 20071992,70755.108.22$33,206
Jan 200703,03050.306.73$20,382
Dec 200603,04656.656.92$21,074
Nov 200652,90654.207.62$22,407
Oct 200632,93154.906.01$17,791
Sep 200672,68960.085.04$13,966
Aug 200663,82568.717.34$28,487
Jul 200621,54469.376.34$9,932
Jun 200622,31866.286.38$14,930
May 200652,81166.016.42$18,391
Apr 20061912,31264.397.36$29,316
Mar 200672,71656.707.08$19,634
Feb 200623,03257.597.75$23,617
Jan 200653,77260.598.93$33,999
Dec 20051885,56754.9413.42$85,012
Nov 2005145,29954.6910.59$56,874
Oct 2005119,05258.3413.80$125,521
Sep 2005195,52061.4512.08$67,844
Aug 2005189,81561.519.80$97,263
Jul 2005105,95555.697.84$47,266
Jun 200510615152.337.38$6,662
May 200501,44845.226.65$9,631
Apr 200511,64849.207.36$12,179
Mar 200522,93850.377.15$21,122
Feb 200512,77945.226.31$17,586
Jan 20051531,77443.166.32$17,819
Dec 200401,13439.866.75$7,656
Nov 200401,43645.286.33$9,090
Oct 200401,45749.706.52$9,493
Sep 20041661,24243.245.28$13,740
Aug 2004089942.375.55$4,990
Jul 200401,55738.286.08$9,473
Jun 200452,29436.106.43$14,938
May 20041962,39537.486.49$22,901
Apr 200472,05334.475.86$12,269
Mar 200432,91534.365.53$16,223
Feb 20041933,19132.455.51$23,844
Jan 200432,23132.036.30$14,151
Dec 2003125530.266.30$1,637
Nov 2003073428.804.60$3,373
Oct 2003031828.174.76$1,514
Sep 200321,00426.314.75$4,821
Aug 20030029.765.13$0
Jul 200318648629.415.17$7,983
Jun 200311,07528.565.98$6,460
May 200301,83426.595.97$10,954
Apr 2003195926.675.41$5,212
Mar 200311,69131.146.10$10,340
Feb 2003183933.487.93$6,683
Jan 2003199030.315.58$5,557
Dec 200205,23426.914.85$25,405
Nov 200201,91924.664.14$7,939
Oct 20021572,37526.464.23$14,198
Sep 200202,24727.443.64$8,168
Aug 200201,86325.963.16$5,895
Jul 200202,35424.583.06$7,207
Jun 20021842,59623.733.34$13,032
May 200203,24824.663.58$11,641
Apr 200202,80423.653.51$9,849
Mar 200202,99322.003.10$9,286
Feb 200202,41218.222.38$5,730
Jan 20021852,63517.172.38$9,436
Dec 200103,32216.932.36$7,855
Nov 200102,60718.072.41$6,271
Oct 200106,07319.782.53$15,358
Sep 20011843,72724.262.25$12,855
Aug 200103,44224.873.05$10,509
Jul 200103,54723.933.20$11,340
Jun 20011803,44724.563.82$17,603
May 200103,41225.524.31$14,697
Apr 200103,10624.685.34$16,572
Mar 20011853,41324.545.38$22,890
Feb 200102,81227.755.77$16,217
Jan 200103,69127.478.40$31,000
Dec 20001852,67226.889.12$29,348
Nov 200004,59032.215.66$25,970
Oct 20001794,66131.235.15$29,573
Sep 20001814,57631.875.19$29,502
Aug 200003,58129.644.54$16,260
Jul 200002,69228.534.09$11,010
Jun 200003,24029.304.40$14,247
May 200005,18827.263.68$19,091
Apr 20001783,75024.513.12$16,048
Mar 200004,58628.422.86$13,115
Feb 200004,01527.622.73$10,947
Jan 20001843,49525.272.48$13,319
Dec 19991904,48524.282.42$15,484
Nov 199904,42623.192.43$10,773
Oct 199906,58420.982.80$18,460
Sep 199908,06521.752.62$21,121
Aug 19991836,90119.262.88$23,369
Jul 19991808,60617.892.37$23,637
Jun 199908,07015.942.36$19,062
May 19991828,36315.792.32$22,284
Apr 199908,35115.102.21$18,439
Mar 19991769,92112.471.84$20,433
Feb 19991879,4289.981.82$19,004
Jan 199909,81110.381.90$18,640
Dec 199854110,4329.201.77$23,476
Nov 199818210,92610.892.19$25,863
Oct 1998011,81812.421.97$23,272
Sep 1998012,16212.592.08$25,329
Aug 199818012,90711.301.91$26,652
Jul 199818114,99711.742.24$35,677
Jun 199818416,07611.242.24$38,035
May 199818717,32712.622.21$40,589
Apr 199818217,91813.042.51$47,264
Mar 199836320,30212.802.31$51,533
Feb 199836117,16213.952.30$44,494
Jan 1998025,30014.702.15$54,516
Dec 199738029,16916.322.41$76,531
Nov 199755133,49818.193.09$113,473
Oct 199735540,54019.253.15$134,527
Sep 199737544,23917.742.95$137,373
Aug 199718452,52317.862.55$137,469
Jul 1997030,28417.582.25$68,046
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 1997076818.951.94$1,489
Feb 199702,32420.492.21$5,127
Jan 199704,10723.483.54$14,538
Dec 199605,27923.32$0
Nov 19961795,36621.97$3,933
Oct 199604,84123.31$0
Sep 19961795,45022.22$3,977
Aug 19961856,39820.26$3,748
Jul 199618917,55619.55$3,695
Jun 19961833,88818.73$3,428
May 199603,84119.43$0
Apr 19963602,54921.51$7,744
Mar 199608,21619.38$0
Feb 199602,38916.98$0
Jan 199602,37917.07$0
Dec 19953656,68717.19$6,274
Nov 199509,08916.00$0
Oct 199519010,81515.43$2,932
Sep 199517810,93616.18$2,880
Aug 199535711,48015.92$5,683
Jul 199553312,16315.24$8,123
Jun 1995012,67716.41$0
May 199518117,80617.56$3,178
Apr 199553813,59517.73$9,539
Mar 199536418,10816.44$5,984
Feb 199537924,70316.58$6,284
Jan 199572939,56215.92$11,606
Dec 199491744,98815.03$13,783
Nov 199491553,39615.90$14,549
Oct 19941,09470,04915.58$17,045
Sep 19941,258118,45415.29$19,235
Aug 19942,147141,23916.13$34,631
Jul 19943,939246,35217.56$69,169
Jun 199473071,87117.09$12,476

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                  502 Mcf  × $  3.05 =     $1,529

────────────────────────────────────────────────────
Month total                                   $1,529

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/150469 is the state's own key, not one this site invented.