SAPPHIRE 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 150849District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.6 M
Jul 1994 – May 2026
Value, last 12 filed months
$225 k
at the published price for each month
Months reported
383
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 Gas111994-11-14131003
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
CondensateDisposition114,624 bbl$3,450,417
GasProduction3,170,018 Mcf$7,146,358
Total$10,596,775

1,407,006 Mcf of this lease's gas, across 30 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 30.1377, -96.6940. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.13774, -96.69395 · 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
15,289 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 15,289 ft.

Completions filed
Jul 1994
1 of 1 wells

1 well

42-149328811H15,289 ftJul 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 (383)

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

383 months

May 20261682,964106.413.05$26,905
Apr 202602,79498.932.87$8,018
Mar 20261682,97489.753.15$24,444
Feb 202602,60763.503.75$9,777
Jan 20261792,75559.138.00$32,619
Dec 202502,85356.664.41$12,591
Nov 20251062,58058.593.93$16,341
Oct 2025282,57559.383.30$10,173
Sep 20251662,53962.743.08$18,227
Aug 202512,31063.933.01$7,028
Jul 20251384,48766.743.32$24,085
Jun 20251807,24066.483.13$34,618
May 20253586,89160.553.23$43,951
Apr 20251746,78362.363.54$34,884
Mar 20251777,82067.704.27$45,361
Feb 20255349,21870.884.34$77,864
Jan 202531,60974.324.28$7,107
Dec 2024551,03968.993.12$7,038
Nov 20243587,02869.052.20$40,171
Oct 20243599,05971.372.28$46,289
Sep 20243568,88569.612.36$45,789
Aug 2024111575.632.06$313
Jul 20240079.932.15$0
Jun 202407378.082.63$192
May 202401,46978.812.20$3,230
Apr 20241822,87184.451.66$20,133
Mar 20243614,31780.301.55$35,659
Feb 202461610,26676.091.78$65,182
Jan 20241854,43573.023.30$28,134
Dec 20231251,89171.262.61$13,844
Nov 202301,18877.892.81$3,335
Oct 20231781,15885.443.09$18,783
Sep 202301,18289.042.74$3,233
Aug 202301,21380.522.67$3,242
Jul 202301,37974.852.64$3,643
Jun 202301,27968.962.26$2,889
May 20231781,18070.622.23$15,199
Apr 2023090578.122.24$2,025
Mar 2023042972.852.39$1,027
Feb 2023064875.112.47$1,598
Jan 2023065876.533.39$2,229
Dec 202217945576.415.73$16,284
Nov 2022084885.005.65$4,788
Oct 202211,59687.185.86$9,446
Sep 20222497984.888.16$10,029
Aug 2022084394.529.13$7,694
Jul 202201,268101.587.54$9,563
Jun 20220565115.097.98$4,507
May 20220985109.378.43$8,307
Apr 20221751,357104.226.84$27,517
Mar 202201,343108.885.08$6,818
Feb 202201,17691.054.86$5,714
Jan 20221821,16381.844.54$20,172
Dec 202101,33471.323.90$5,201
Nov 202101,20777.435.24$6,321
Oct 202101,23479.795.71$7,051
Sep 202111,37969.865.35$7,449
Aug 20211781,34666.024.22$17,432
Jul 202111,81070.783.98$7,278
Jun 202101,35369.493.38$4,574
May 202101,33463.483.02$4,026
Apr 20211811,23260.362.76$14,324
Mar 202101,28861.302.72$3,499
Feb 202101,13157.805.55$6,275
Jan 202101,03650.412.81$2,911
Dec 202001,16144.642.68$3,106
Nov 20201751,23638.772.71$10,130
Oct 202001,25936.972.48$3,120
Sep 202001,34537.091.99$2,678
Aug 202001,37239.982.39$3,272
Jul 20201801,86938.371.83$10,318
Jun 202002,89934.901.69$4,900
May 202002516.921.81$45
Apr 20201821,70814.751.80$5,766
Mar 202001,97730.341.86$3,670
Feb 2020541,99049.881.98$6,635
Jan 202012,49857.252.09$5,290
Dec 20191742,72959.012.30$16,556
Nov 201912,65755.302.75$7,364
Oct 20191692,62753.472.42$15,390
Sep 201902,68055.052.66$7,122
Aug 20191792,79753.112.30$15,952
Jul 201913,67056.272.46$9,085
Jun 20191844,35652.782.49$20,563
May 201914,02958.482.74$11,099
Apr 20191794,08762.632.75$22,453
Mar 201924,31856.803.06$13,336
Feb 20191884,39750.852.79$21,837
Jan 20191826,14046.033.23$28,198
Dec 20181965,65546.594.19$32,800
Nov 201813,50152.934.24$14,888
Oct 20181823,97361.443.40$24,683
Sep 201812,63259.543.11$8,240
Aug 201831,77559.403.07$5,621
Jul 201816818565.142.93$11,486
Jun 201818192460.183.08$13,736
May 201803,09665.382.90$8,981
Apr 201803,54363.842.90$10,278
Mar 201818478261.222.79$13,444
Feb 201802,47161.782.77$6,835
Jan 20181143,07162.874.01$19,480
Dec 20171832,58057.272.92$18,018
Nov 201702,65855.423.12$8,289
Oct 201702,94549.292.98$8,787
Sep 20171812,40147.523.09$16,014
Aug 201702,41445.373.00$7,253
Jul 20171792,44443.873.09$15,398
Jun 201702,51642.493.09$7,768
May 20171782,65645.373.26$16,743
Apr 201702,25947.933.21$7,255
Mar 20171802,14946.772.98$14,831
Feb 201701,81950.452.95$5,371
Jan 20171891,92749.413.42$15,927
Dec 201602,39448.763.72$8,912
Nov 20161941,21542.492.64$11,456
Oct 201601,78146.193.09$5,504
Sep 201601,64041.553.10$5,085
Aug 20161872,16941.442.92$14,092
Jul 201602,10841.622.92$6,165
Jun 20161902,52145.352.69$15,387
May 201602,74542.521.99$5,465
Apr 20161872,39336.561.99$11,601
Mar 201602,56033.011.79$4,593
Feb 20161802,64926.472.06$10,231
Jan 201612,39327.352.36$5,685
Dec 20151822,67432.362.00$11,241
Nov 201502,51638.792.17$5,453
Oct 20151872,52743.552.43$14,276
Sep 201502,75342.992.76$7,594
Aug 20151852,73540.162.87$15,286
Jul 201502,63648.152.95$7,763
Jun 20151922,68456.152.88$18,518
May 201502,67155.212.96$7,894
Apr 20151922,50949.822.71$16,356
Mar 201502,65042.892.93$7,777
Feb 201502,33044.662.98$6,935
Jan 20151942,61843.433.10$16,543
Dec 201402,34154.693.59$8,407
Nov 20141912,58470.464.25$24,445
Oct 201402,73678.303.90$10,673
Sep 20141892,56486.164.05$26,657
Aug 201402,42289.394.04$9,773
Jul 20141912,54196.564.18$29,063
Jun 201402,55798.164.74$12,112
May 20141892,34094.734.73$28,964
Apr 201402,55395.944.81$12,278
Mar 201402,76295.895.06$13,967
Feb 20141942,32997.406.19$33,317
Jan 20141962,54990.404.86$30,108
Dec 201302,74391.824.35$11,944
Nov 201302,78188.853.74$10,396
Oct 20131962,49097.423.78$28,505
Sep 201302,489104.113.72$9,253
Aug 20131922,304104.253.52$28,132
Jul 201302,547102.523.72$9,469
Jun 20131882,66694.403.93$28,234
May 201302,86794.834.15$11,895
Apr 20131932,85493.964.28$30,357
Mar 201303,02193.623.91$11,821
Feb 20131942,83691.233.42$27,397
Jan 201303,01891.603.42$10,321
Dec 20121922,85586.773.42$26,424
Nov 201203,03186.953.62$10,987
Oct 20121913,07889.383.40$27,536
Sep 201203,04994.672.92$8,898
Aug 20121803,29192.662.91$26,250
Jul 201203,28285.133.02$9,914
Jun 20121903,28279.822.52$23,433
May 201203,18691.612.49$7,928
Apr 20121933,084101.652.00$25,777
Mar 20121913,376105.052.22$27,566
Feb 201203,256101.102.57$8,369
Jan 20121883,24298.092.73$27,305
Dec 201113,32596.873.24$10,869
Nov 20111903,19695.723.31$28,770
Oct 201103,29984.983.65$12,037
Sep 20111793,42683.623.99$28,623
Aug 201103,53383.404.15$14,660
Jul 20111883,35194.144.52$32,836
Jun 201113,49892.904.64$16,323
May 20111913,48698.134.40$34,098
Apr 201103,733105.964.33$16,176
Mar 20111873,26996.364.06$31,283
Feb 20111953,24985.644.18$30,281
Jan 201103,72486.504.59$17,089
Dec 20101923,86985.734.35$33,282
Nov 20101933,51480.843.80$28,939
Oct 201013,93278.103.51$13,875
Sep 20101914,14072.633.98$30,347
Aug 20101943,54973.684.42$29,978
Jul 201001,64672.554.74$7,796
Jun 201013,06770.364.91$15,131
May 20101863,11771.124.24$26,430
Apr 201003,15781.694.12$13,015
Mar 20101943,10678.394.39$28,839
Feb 20101953,03673.585.44$30,871
Jan 201003,08974.365.96$18,423
Dec 20091962,91871.445.48$30,004
Nov 200903,03874.593.75$11,397
Oct 20091943,33972.544.11$27,797
Sep 20091903,49965.543.06$23,176
Aug 200903,48067.423.22$11,200
Jul 20091772,71061.133.46$20,209
Jun 200903,04366.163.90$11,852
May 20091923,55054.743.93$24,446
Apr 200902,86146.773.59$10,264
Mar 20091883,26742.144.06$21,183
Feb 20091872,98132.814.63$19,946
Jan 200903,42635.865.37$18,401
Dec 20081943,19337.105.98$26,282
Nov 20081963,35055.496.86$33,858
Oct 200814,25575.246.92$29,528
Sep 20081893,236101.767.88$44,723
Aug 200803,479114.228.48$29,512
Jul 20081893,470131.0811.39$64,295
Jun 20081883,401131.3313.03$69,014
May 200803,473123.1711.57$40,198
Apr 20081793,350110.3110.45$54,769
Mar 20081893,408101.909.66$52,194
Feb 200803,47092.538.77$30,434
Jan 20081933,36990.388.21$45,088
Dec 20071933,61888.337.30$43,466
Nov 200703,56091.677.29$25,958
Oct 20071873,93482.856.92$42,724
Sep 20071923,82375.846.24$38,433
Aug 200704,00469.066.39$25,577
Jul 20071824,12070.906.39$39,222
Jun 20071894,28762.007.55$44,078
May 20071853,98358.747.85$42,119
Apr 20071954,42259.617.81$46,139
Mar 200704,43456.927.30$32,377
Feb 20071964,13555.108.22$44,773
Jan 20071964,66750.306.73$41,253
Dec 20061944,70556.656.92$43,541
Nov 20061844,58054.207.62$44,861
Oct 20061844,62654.906.01$37,921
Sep 20061864,54160.085.04$34,049
Aug 200604,82268.717.34$35,393
Jul 20061844,92669.376.34$44,009
Jun 20061903,47066.286.38$34,745
May 20061763,97366.016.42$37,144
Apr 20061744,34064.397.36$43,148
Mar 20061744,63156.707.08$42,667
Feb 20061904,17557.597.75$43,303
Jan 200604,38060.598.93$39,128
Dec 20051844,89654.9413.42$75,791
Nov 20051684,90254.6910.59$61,092
Oct 20051635,12458.3413.80$80,199
Sep 20051514,80261.4512.08$67,282
Aug 20051605,28961.519.80$61,657
Jul 20051824,96355.697.84$49,064
Jun 200504,71552.337.38$34,802
May 20051644,59545.226.65$37,978
Apr 20051784,56349.207.36$42,343
Mar 20051785,20450.377.15$46,200
Feb 20051524,53545.226.31$35,498
Jan 20051824,97943.166.32$39,333
Dec 20041625,24139.866.75$41,840
Nov 20041555,22845.286.33$40,114
Oct 20041595,50649.706.52$43,774
Sep 20043555,94543.245.28$46,763
Aug 20041695,67542.375.55$38,661
Jul 20041645,78138.286.08$41,451
Jun 20041655,72336.106.43$42,773
May 20041696,07237.486.49$45,769
Apr 20043526,04734.475.86$47,560
Mar 20041815,48734.365.53$36,563
Feb 20041835,33432.455.51$35,327
Jan 20043565,20132.036.30$44,167
Dec 20031795,98930.266.30$43,157
Nov 20031806,50128.804.60$35,057
Oct 20031806,99328.174.76$38,355
Sep 20033626,62926.314.75$41,008
Aug 20031757,45929.765.13$43,471
Jul 20031886,75229.415.17$40,443
Jun 20031795,85528.565.98$40,142
May 20033628,18526.595.97$58,512
Apr 20031886,75026.675.41$41,513
Mar 20031827,03931.146.10$48,578
Feb 20031826,70133.487.93$59,205
Jan 20033657,84530.315.58$54,854
Dec 20021816,15426.914.85$34,741
Nov 20023686,68324.664.14$36,722
Oct 20021826,51726.464.23$32,377
Sep 20021786,28827.443.64$27,742
Aug 20021816,56925.963.16$25,484
Jul 20023616,57924.583.06$29,017
Jun 20021807,06623.733.34$27,859
May 20023678,45424.663.58$39,349
Apr 20021827,66023.653.51$31,209
Mar 20021817,50222.003.10$27,259
Feb 20021867,54418.222.38$21,311
Jan 20023658,51817.172.38$26,503
Dec 20011838,84616.932.36$24,014
Nov 20013678,43018.072.41$26,910
Oct 20013709,87619.782.53$32,294
Sep 20011788,76524.262.25$24,051
Aug 20013579,97724.873.05$39,340
Jul 20011819,65223.933.20$35,190
Jun 20011829,58524.563.82$41,124
May 200172013,77625.524.31$77,712
Apr 200136114,02324.685.34$83,727
Mar 200136215,59324.545.38$92,718
Feb 200136414,01227.755.77$90,909
Jan 200136917,23627.478.40$154,897
Dec 200055120,43026.889.12$201,184
Nov 200054425,08232.215.66$159,436
Oct 200053313,51531.235.15$86,187
Sep 20001786,02931.875.19$36,942
Aug 20001807,01629.644.54$37,193
Jul 20003665,71328.534.09$33,807
Jun 200006,41429.304.40$28,204
May 20001785,59427.263.68$25,437
Apr 20001866,81924.513.12$25,807
Mar 20001944,21828.422.86$17,576
Feb 20001764,59027.622.73$17,376
Jan 20001833,82525.272.48$14,112
Dec 19993616,34624.282.42$24,146
Nov 199906,64023.192.43$16,162
Oct 19991755,96620.982.80$20,398
Sep 19993559,11321.752.62$31,587
Aug 199953211,14519.262.88$42,295
Jul 199917810,24517.892.37$27,489
Jun 19993728,83215.942.36$26,792
May 199919011,54615.792.32$29,799
Apr 199954911,67015.102.21$34,058
Mar 199936712,31912.471.84$27,223
Feb 19993738,9419.981.82$19,975
Jan 19993719,81210.381.90$22,493
Dec 199818210,0239.201.77$19,448
Nov 199855710,25010.892.19$28,469
Oct 199835611,15812.421.97$26,394
Sep 199817817,58112.592.08$38,856
Aug 199853322,23711.301.91$48,437
Jul 199871628,64511.742.24$72,492
Jun 199854128,48911.242.24$69,818
May 199870631,73612.622.21$78,930
Apr 19981,08933,67313.042.51$98,563
Mar 199854218,59912.802.31$49,891
Feb 19983685,70013.952.30$18,239
Jan 199836211,72314.702.15$30,582
Dec 199754712,85816.322.41$39,929
Nov 199755313,46218.193.09$51,633
Oct 199735813,94819.253.15$50,825
Sep 199754213,37417.742.95$49,134
Aug 199754216,53217.862.55$51,915
Jul 199736211,99517.582.25$33,316
Jun 199754814,24917.242.26$41,610
May 199737313,41518.972.31$38,044
Apr 199753314,65317.882.08$40,049
Mar 199755115,70518.951.94$40,896
Feb 199754413,68520.492.21$41,334
Jan 199755016,75223.483.54$72,211
Dec 199656116,36523.32$13,083
Nov 199654416,77521.97$11,952
Oct 199672918,25223.31$16,993
Sep 199654417,90422.22$12,088
Aug 199671219,53420.26$14,425
Jul 199655220,34619.55$10,792
Jun 199691520,48518.73$17,138
May 199655721,98219.43$10,823
Apr 199656521,48021.51$12,153
Mar 19961,08425,24419.38$21,008
Feb 199676019,54916.98$12,905
Jan 199675225,76117.07$12,837
Dec 19951,10226,61717.19$18,943
Nov 19951,09527,94116.00$17,520
Oct 199555121,24315.43$8,502
Sep 199592824,98516.18$15,015
Aug 199593327,48215.92$14,853
Jul 19951,06528,45215.24$16,231
Jun 199590036,77916.41$14,769
May 19951,30735,02117.56$22,951
Apr 19951,29423,40317.73$22,943
Mar 19951,31438,65516.44$21,602
Feb 19951,50747,33716.58$24,986
Jan 19952,70688,65515.92$43,080
Dec 19943,245100,59715.03$48,772
Nov 19944,25799,56715.90$67,686
Oct 19945,340114,64115.58$83,197
Sep 19945,850124,12415.29$89,447
Aug 19948,149165,86716.13$131,443
Jul 19946,912131,96317.56$121,375

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           168 bbl  × $106.41 =    $17,877
Gas                2,964 Mcf  × $  3.05 =     $9,028

────────────────────────────────────────────────────
Month total                                  $26,905

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/150849 is the state's own key, not one this site invented.