BEARD OL

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 150988District 03Field 34733500CondensateGasSave
Value, all time
$18.4 M
Aug 1994 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
382
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition156,739 bbl$3,098,554
GasProduction11,849,377 Mcf$15,303,208
Total$18,401,762

7,113,678 Mcf of this lease's gas, across 29 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 30.4851, -96.1158. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.48512, -96.11581 · 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
15,326 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 15,326 ft.

Completions filed
Aug 1994
1 of 1 wells

1 well

42-185304531H15,326 ftAug 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 (382)

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

382 months

May 2026031106.413.05$94
Apr 202602298.932.87$63
Mar 202608289.753.15$258
Feb 202607863.503.75$293
Jan 202609459.138.00$752
Dec 202508756.664.41$384
Nov 2025018258.593.93$715
Oct 2025016159.383.30$532
Sep 202505362.743.08$163
Aug 202512463.933.01$136
Jul 202509866.743.32$325
Jun 2025011266.483.13$350
May 2025023560.553.23$760
Apr 2025126962.363.54$1,015
Mar 2025027167.704.27$1,157
Feb 2025033970.884.34$1,472
Jan 2025122474.324.28$1,033
Dec 2024024068.993.12$749
Nov 2024035569.052.20$780
Oct 2024049971.372.28$1,138
Sep 2024033169.612.36$783
Aug 2024346075.632.06$1,176
Jul 2024040479.932.15$867
Jun 2024049378.082.63$1,299
May 2024196678.812.20$2,203
Apr 2024018884.451.66$312
Mar 2024049480.301.55$763
Feb 2024163176.091.78$1,202
Jan 2024064973.023.30$2,140
Dec 2023065471.262.61$1,707
Nov 2023051777.892.81$1,452
Oct 2023076985.443.09$2,374
Sep 2023083789.042.74$2,289
Aug 2023064180.522.67$1,713
Jul 2023287374.852.64$2,456
Jun 2023086768.962.26$1,958
May 202321,03670.622.23$2,449
Apr 2023074978.122.24$1,676
Mar 202311,08772.852.39$2,674
Feb 2023195275.112.47$2,422
Jan 202301,02376.533.39$3,466
Dec 2022198576.415.73$5,720
Nov 2022096685.005.65$5,454
Oct 202201,15287.185.86$6,755
Sep 202201,07984.888.16$8,809
Aug 202201,04694.529.13$9,547
Jul 20220607101.587.54$4,578
Jun 20220686115.097.98$5,472
May 20220505109.378.43$4,259
Apr 20220783104.226.84$5,354
Mar 202201,039108.885.08$5,274
Feb 2022081991.054.86$3,979
Jan 202211,08881.844.54$5,019
Dec 2021046371.323.90$1,805
Nov 2021089477.435.24$4,682
Oct 202101,03279.795.71$5,897
Sep 2021191769.865.35$4,977
Aug 2021095966.024.22$4,048
Jul 202101,68970.783.98$6,726
Jun 202102,58469.493.38$8,736
May 202101,29163.483.02$3,896
Apr 202101,65460.362.76$4,562
Mar 202102,12761.302.72$5,779
Feb 202101,38857.805.55$7,701
Jan 202101,85650.412.81$5,216
Dec 202001,72044.642.68$4,602
Nov 202001,48138.772.71$4,008
Oct 2020093336.972.48$2,312
Sep 202011,86537.091.99$3,750
Aug 202022,14239.982.39$5,189
Jul 202001,35238.371.83$2,468
Jun 202001,28534.901.69$2,172
May 202004,23816.921.81$7,691
Apr 20209638714.751.80$2,114
Mar 2020081330.341.86$1,509
Feb 2020067349.881.98$1,333
Jan 2020058657.252.09$1,228
Dec 201901,19659.012.30$2,756
Nov 201901,44355.302.75$3,969
Oct 201902,20353.472.42$5,328
Sep 201905655.052.66$149
Aug 2019095653.112.30$2,203
Jul 201902,66256.272.46$6,549
Jun 20191181,70752.782.49$10,481
May 201901,43758.482.74$3,938
Apr 201901,61462.632.75$4,440
Mar 201902,36956.803.06$7,254
Feb 20191692,63750.852.79$15,957
Jan 201903,13346.033.23$10,114
Dec 201811,03346.594.19$4,370
Nov 201801,96152.934.24$8,309
Oct 201803,57261.443.40$12,138
Sep 201801,11459.543.11$3,462
Aug 201801,49859.403.07$4,594
Jul 201802,50565.142.93$7,344
Jun 20181922,26160.183.08$18,511
May 201802,39965.382.90$6,959
Apr 201801,91063.842.90$5,541
Mar 201803,15261.222.79$8,784
Feb 201802,95861.782.77$8,182
Jan 201804,16662.874.01$16,703
Dec 20171933,93757.272.92$22,555
Nov 201703,63955.423.12$11,348
Oct 201703,54049.292.98$10,562
Sep 201703,07347.523.09$9,487
Aug 201703,34045.373.00$10,035
Jul 201703,61543.873.09$11,161
Jun 201704,21742.493.09$13,019
May 20171393,21945.373.26$16,811
Apr 201702,04647.933.21$6,571
Mar 201703,58246.772.98$10,688
Feb 201702,94650.452.95$8,698
Jan 201703,19549.413.42$10,923
Dec 20161882,92848.763.72$20,067
Nov 201602,29942.492.64$6,079
Oct 201602,31946.193.09$7,166
Sep 201602,64941.553.10$8,214
Aug 201602,43941.442.92$7,132
Jul 201602,88641.622.92$8,440
Jun 201602,56745.352.69$6,895
May 20161032,93642.521.99$10,225
Apr 201602,52436.561.99$5,025
Mar 201602,77933.011.79$4,986
Feb 201602,73826.472.06$5,650
Jan 20161892,87827.352.36$11,974
Dec 201502,97132.362.00$5,946
Nov 201502,19938.792.17$4,766
Oct 201503,05943.552.43$7,423
Sep 201502,87442.992.76$7,928
Aug 201503,07140.162.87$8,821
Jul 201503,03548.152.95$8,938
Jun 201503,04656.152.88$8,781
May 20151953,04555.212.96$19,765
Apr 201502,99449.822.71$8,103
Mar 201502,31142.892.93$6,782
Feb 201502,11444.662.98$6,292
Jan 201502,25143.433.10$6,980
Dec 20141922,19654.693.59$18,387
Nov 201402,18070.464.25$9,269
Oct 201402,27278.303.90$8,863
Sep 201401,80986.164.05$7,318
Aug 201401,78389.394.04$7,195
Jul 201402,30696.564.18$9,638
Jun 201402,05998.164.74$9,753
May 201401,99594.734.73$9,429
Apr 201401,82095.944.81$8,753
Mar 20141961,72995.895.06$27,538
Feb 201401,80097.406.19$11,146
Jan 201401,67390.404.86$8,132
Dec 201301,66491.824.35$7,246
Nov 201301,64488.853.74$6,146
Oct 20131961,64697.423.78$25,315
Sep 201301,805104.113.72$6,711
Aug 201301,789104.253.52$6,302
Jul 201301,865102.523.72$6,934
Jun 201302,18394.403.93$8,587
May 201302,62394.834.15$10,883
Apr 201301,36693.964.28$5,850
Mar 20131932,05993.623.91$26,125
Feb 201301,52391.233.42$5,209
Jan 201301,93491.603.42$6,614
Dec 201201,85186.773.42$6,331
Nov 201202,62286.953.62$9,505
Oct 20121762,01289.383.40$22,571
Sep 201202,19694.672.92$6,409
Aug 201202,44092.662.91$7,096
Jul 201202,56885.133.02$7,757
Jun 201202,35579.822.52$5,932
May 20121802,50691.612.49$22,726
Apr 201202,478101.652.00$4,948
Mar 201202,462105.052.22$5,471
Feb 201202,460101.102.57$6,323
Jan 20121542,75398.092.73$22,633
Dec 201103,20196.873.24$10,370
Nov 201103,26895.723.31$10,821
Oct 201103,35384.983.65$12,234
Sep 20111923,24883.623.99$29,001
Aug 201103,34983.404.15$13,896
Jul 201103,35994.144.52$15,173
Jun 201103,80392.904.64$17,645
May 201103,50198.134.40$15,421
Apr 20111933,670105.964.33$36,353
Mar 201103,78096.364.06$15,337
Feb 201103,26285.644.18$13,635
Jan 201103,74386.504.59$17,176
Dec 20101974,08385.734.35$34,641
Nov 201004,61480.843.80$17,512
Oct 201004,59978.103.51$16,137
Sep 201004,24272.633.98$16,881
Aug 20101934,19073.684.42$32,737
Jul 201004,98072.554.74$23,588
Jun 201004,27170.364.91$20,972
May 201003,74671.124.24$15,865
Apr 20101943,22281.694.12$29,131
Mar 201003,89678.394.39$17,098
Feb 201003,79773.585.44$20,665
Jan 201003,40974.365.96$20,332
Dec 20091953,42071.445.48$32,685
Nov 200905,57874.593.75$20,926
Oct 200901,10272.544.11$4,530
Sep 2009045765.543.06$1,401
Aug 200902,19567.423.22$7,065
Jul 200904,58361.133.46$15,878
Jun 200904,67966.163.90$18,225
May 2009794,36354.743.93$21,453
Apr 2009534,61146.773.59$19,021
Mar 200975,68242.144.06$23,358
Feb 2009031532.814.63$1,459
Jan 20091624,20835.865.37$28,410
Dec 200824,71737.105.98$28,268
Nov 200804,58455.496.86$31,448
Oct 200835,97775.246.92$41,598
Sep 200801,709101.767.88$13,462
Aug 2008982,087114.228.48$28,898
Jul 200805,364131.0811.39$61,093
Jun 200802,782131.3313.03$36,257
May 200823,222123.1711.57$37,539
Apr 20081514,913110.3110.45$68,022
Mar 200813,996101.909.66$38,720
Feb 2008655,53792.538.77$54,577
Jan 200814,58190.388.21$37,681
Dec 200715,05188.337.30$36,971
Nov 200704,95491.677.29$36,123
Oct 20071537,18182.856.92$62,383
Sep 200715,73075.846.24$35,855
Aug 200704,58969.066.39$29,314
Jul 200715,46970.906.39$35,007
Jun 200715,42162.007.55$40,982
May 2007658,60058.747.85$71,296
Apr 200705,44259.617.81$42,476
Mar 2007956,96856.927.30$56,288
Feb 2007605,86355.108.22$51,476
Jan 200717,69850.306.73$51,834
Dec 20061134,85656.656.92$39,997
Nov 200614,19954.207.62$32,040
Oct 2006947,12654.906.01$48,015
Sep 200628,01960.085.04$40,513
Aug 20061108,04568.717.34$66,608
Jul 200606,54669.376.34$41,520
Jun 20061037,51766.286.38$54,814
May 200627,88766.016.42$50,806
Apr 2006777,76164.397.36$62,083
Mar 2006748,40456.707.08$63,721
Feb 20061167,42157.597.75$64,202
Jan 2006508,30160.598.93$77,185
Dec 20051157,62954.9413.42$108,664
Nov 200528,49854.6910.59$90,090
Oct 200516410,58858.3413.80$155,637
Sep 200507,29061.4512.08$88,056
Aug 20051667,36061.519.80$82,315
Jul 200502,08155.697.84$16,323
Jun 200509,29152.337.38$68,577
May 20052019,81045.226.65$74,337
Apr 2005919,23849.207.36$72,473
Mar 200539,68850.377.15$69,468
Feb 2005727,85445.226.31$52,830
Jan 200518,52743.166.32$53,953
Dec 20042008,17839.866.75$63,182
Nov 2004417,14845.286.33$47,106
Oct 200467,14949.706.52$46,875
Sep 2004427,43443.245.28$41,097
Aug 20041957,36342.375.55$49,132
Jul 200448,37938.286.08$51,132
Jun 2004909,79536.106.43$66,260
May 200419810,53737.486.49$75,854
Apr 200409,39334.475.86$55,029
Mar 2004011,58734.365.53$64,078
Feb 200419812,84032.455.51$77,169
Jan 200405,21932.036.30$32,878
Dec 20031907,42630.266.30$52,545
Nov 2003010,25128.804.60$47,105
Oct 200331213,43228.174.76$72,721
Sep 2003013,00226.314.75$61,751
Aug 2003011,59929.765.13$59,500
Jul 200320010,93729.415.17$62,435
Jun 2003013,02528.565.98$77,928
May 200318014,20226.595.97$89,610
Apr 2003011,19526.675.41$60,535
Mar 200318512,82831.146.10$83,961
Feb 2003012,32633.487.93$97,694
Jan 200318513,63030.315.58$81,691
Dec 200218510,34726.914.85$55,200
Nov 2002012,81224.664.14$53,003
Oct 200218415,84126.464.23$71,862
Sep 200218214,64827.443.64$58,242
Aug 200218415,56525.963.16$54,027
Jul 200202,82624.583.06$8,653
Jun 200204,18423.733.34$13,967
May 200218014,31924.663.58$55,758
Apr 200217815,93523.653.51$60,179
Mar 200218222,50822.003.10$73,840
Feb 200218316,76218.222.38$43,155
Jan 200206,72317.172.38$15,972
Dec 200117019,25216.932.36$48,398
Nov 200118019,34218.072.41$49,780
Oct 200118022,14019.782.53$59,550
Sep 200117820,11524.262.25$49,604
Aug 200118126,80024.873.05$86,326
Jul 200117920,62923.933.20$70,236
Jun 20011798,62824.563.82$37,391
May 200118023,09525.524.31$104,071
Apr 200117923,40724.685.34$129,302
Mar 200136226,38624.545.38$150,746
Feb 200135825,16227.755.77$155,046
Jan 200118222,58527.478.40$194,686
Dec 200018511,48926.889.12$109,781
Nov 200018521,50932.215.66$127,657
Oct 200037117,69531.235.15$102,636
Sep 200017628,98631.875.19$155,945
Aug 200035931,37929.644.54$153,125
Jul 200035734,51628.534.09$151,347
Jun 200036035,96129.304.40$168,678
May 200035640,60527.263.68$159,121
Apr 200035336,10324.513.12$121,149
Mar 200034819,28928.422.86$65,052
Feb 200034635,19627.622.73$105,518
Jan 200054239,33525.272.48$111,267
Dec 199936640,63224.282.42$107,367
Nov 199954245,92523.192.43$124,350
Oct 199954852,10220.982.80$157,576
Sep 199952852,63121.752.62$149,317
Aug 199953346,73819.262.88$144,665
Jul 199953357,97117.892.37$147,064
Jun 199972064,09915.942.36$162,885
May 199936270,50315.792.32$169,355
Apr 199991070,67415.102.21$169,793
Mar 199990290,77212.471.84$178,117
Feb 19991,071102,6669.981.82$197,314
Jan 1999893201,02110.381.90$391,199
Dec 199853558,5229.201.77$108,700
Nov 199854265,41910.892.19$148,890
Oct 199852275,25712.421.97$154,680
Sep 199853366,30712.592.08$144,803
Aug 199867678,84911.301.91$158,031
Jul 199851282,60411.742.24$190,818
Jun 199870585,35611.242.24$198,889
May 199853489,65712.622.21$204,553
Apr 199871499,39913.042.51$258,338
Mar 1998907104,24812.802.31$252,364
Feb 1998712102,45613.952.30$245,492
Jan 19981,242104,27614.702.15$242,950
Dec 19971,05771,47016.322.41$189,572
Nov 19971,79286,38118.193.09$299,363
Oct 19971,78876,74519.253.15$276,152
Sep 199754272,14717.742.95$222,801
Aug 19971,24391,03217.862.55$254,763
Jul 199794697,81117.582.25$236,406
Jun 19971,11799,11817.242.26$242,986
May 19971,353105,16818.972.31$268,447
Apr 19971,164103,64117.882.08$236,674
Mar 19971,099116,03418.951.94$245,832
Feb 19971,103101,20720.492.21$245,853
Jan 19971,16264,97223.483.54$257,265
Dec 19961,763133,87923.32$41,113
Nov 19961,536136,16421.97$33,746
Oct 19961,881151,72423.31$43,846
Sep 19962,323161,77722.22$51,617
Aug 19962,104176,50820.26$42,627
Jul 19962,612190,16719.55$51,065
Jun 19962,286186,02418.73$42,817
May 19962,513203,89619.43$48,828
Apr 19962,688219,99821.51$57,819
Mar 19963,044244,86119.38$58,993
Feb 19963,256249,74316.98$55,287
Jan 19963,411252,59617.07$58,226
Dec 19951,615115,90617.19$27,762
Nov 19954,327293,93116.00$69,232
Oct 19952,438188,40115.43$37,618
Sep 19951,19474,32616.18$19,319
Aug 19954,736255,53215.92$75,397
Jul 19954,375313,46515.24$66,675
Jun 199509216.41$0
May 19955,645393,30017.56$99,126
Apr 19953,543198,93917.73$62,817
Mar 19955,534226,37516.44$90,979
Feb 19956,637387,06216.58$110,041
Jan 19957,148473,91215.92$113,796
Dec 19945,632424,37415.03$84,649
Nov 19943,060394,14815.90$48,654
Oct 19946,565329,03415.58$102,283
Sep 19949,394438,62715.29$143,634
Aug 19948,328298,91716.13$134,331

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                   31 Mcf  × $  3.05 =        $94

────────────────────────────────────────────────────
Month total                                      $94

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/150988 is the state's own key, not one this site invented.