AZURITE 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 151743District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.6 M
Jul 1994 – May 2026
Value, last 12 filed months
$3 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 Gas111995-01-19131401
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
CondensateDisposition65,364 bbl$2,287,439
GasProduction600,343 Mcf$1,265,154
Total$3,552,592

278,324 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 30.0950, -96.7360. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.09501, -96.73601 · 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
14,514 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 14,514 ft.

Completions filed
Jul 1994
1 of 1 wells

1 well

42-14932887114,514 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 202600106.413.05$0
Apr 202607598.932.87$215
Mar 202604889.753.15$151
Feb 202607563.503.75$281
Jan 20260059.138.00$0
Dec 2025017556.664.41$772
Nov 20250058.593.93$0
Oct 2025012559.383.30$413
Sep 20250062.743.08$0
Aug 202507263.933.01$217
Jul 202504566.743.32$149
Jun 202509766.483.13$303
May 20250060.553.23$0
Apr 2025013162.363.54$464
Mar 20250067.704.27$0
Feb 2025019370.884.34$838
Jan 20251074.324.28$74
Dec 20240068.993.12$0
Nov 2024017469.052.20$383
Oct 20241071.372.28$71
Sep 20240069.612.36$0
Aug 2024011575.632.06$237
Jul 20241674879.932.15$13,451
Jun 20241078.082.63$78
May 20240078.812.20$0
Apr 20240884.451.66$13
Mar 202406380.301.55$97
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 202302480.522.67$64
Jul 20230074.852.64$0
Jun 202311668.962.26$105
May 202303370.622.23$74
Apr 202302278.122.24$49
Mar 202302572.852.39$60
Feb 202304175.112.47$101
Jan 202304176.533.39$139
Dec 202202376.415.73$132
Nov 20220585.005.65$28
Oct 20220687.185.86$35
Sep 202254284.888.16$767
Aug 202218520894.529.13$19,385
Jul 20227162101.587.54$1,933
Jun 202215162115.097.98$3,019
May 20223155109.378.43$1,635
Apr 20221172104.226.84$1,280
Mar 2022188115108.885.08$21,053
Feb 2022710191.054.86$1,128
Jan 2022119881.844.54$1,345
Dec 202158971.323.90$704
Nov 2021129177.435.24$1,406
Oct 20211878779.795.71$15,418
Sep 202107669.865.35$407
Aug 202108866.024.22$371
Jul 202105770.783.98$227
Jun 202107469.493.38$250
May 202106563.483.02$196
Apr 202104960.362.76$135
Mar 202105761.302.72$155
Feb 202108157.805.55$449
Jan 2021011550.412.81$323
Dec 202006844.642.68$182
Nov 202008538.772.71$230
Oct 202009836.972.48$243
Sep 202017510437.091.99$6,698
Aug 202066139.982.39$385
Jul 202003638.371.83$66
Jun 202008734.901.69$147
May 202004916.921.81$89
Apr 2020203414.751.80$356
Mar 2020011730.341.86$217
Feb 2020010849.881.98$214
Jan 2020011757.252.09$245
Dec 201907559.012.30$173
Nov 20191355.302.75$64
Oct 201954153.472.42$367
Sep 201904155.052.66$109
Aug 201902753.112.30$62
Jul 201956556.272.46$441
Jun 201905652.782.49$140
May 201908358.482.74$227
Apr 201915539062.632.75$10,780
Mar 2019062056.803.06$1,899
Feb 2019050950.852.79$1,421
Jan 201917954046.033.23$9,983
Dec 2018051946.594.19$2,172
Nov 2018053552.934.24$2,267
Oct 201818054161.443.40$12,898
Sep 2018053159.543.11$1,650
Aug 2018054259.403.07$1,662
Jul 201817356765.142.93$12,932
Jun 2018057460.183.08$1,766
May 201816359465.382.90$12,380
Apr 2018059163.842.90$1,714
Mar 2018063861.222.79$1,778
Feb 201819157561.782.77$13,391
Jan 2018068362.874.01$2,738
Dec 201718970857.272.92$12,892
Nov 2017069755.423.12$2,174
Oct 2017072649.292.98$2,166
Sep 201718866847.523.09$10,996
Aug 2017060845.373.00$1,827
Jul 201718184843.873.09$10,558
Jun 2017024042.493.09$741
May 2017046545.373.26$1,517
Apr 201719364547.933.21$11,322
Mar 2017061646.772.98$1,838
Feb 201719453950.452.95$11,379
Jan 2017058149.413.42$1,986
Dec 2016059648.763.72$2,219
Nov 2016056842.492.64$1,502
Oct 201619163146.193.09$10,772
Sep 2016072241.553.10$2,239
Aug 201618374641.442.92$9,765
Jul 2016077541.622.92$2,266
Jun 2016075245.352.69$2,020
May 201619081442.521.99$9,700
Apr 2016083836.561.99$1,668
Mar 201619169233.011.79$7,546
Feb 2016084026.472.06$1,733
Jan 201636464327.352.36$11,476
Dec 2015068932.362.00$1,379
Nov 201519375538.792.17$9,123
Oct 2015083643.552.43$2,029
Sep 201517884242.992.76$9,975
Aug 201517687340.162.87$9,576
Jul 201517870848.152.95$10,656
Jun 2015059156.152.88$1,704
May 201519174155.212.96$12,735
Apr 2015078149.822.71$2,114
Mar 2015045442.892.93$1,332
Feb 201517949544.662.98$9,467
Jan 2015060443.433.10$1,873
Dec 201418061154.693.59$12,039
Nov 2014055770.464.25$2,368
Oct 201418571878.303.90$17,286
Sep 201417973886.164.05$18,408
Aug 201418475989.394.04$19,510
Jul 201418274296.564.18$20,675
Jun 201418985198.164.74$22,583
May 2014098494.734.73$4,651
Apr 20143861,08395.944.81$42,241
Mar 201419666795.895.06$22,167
Feb 201419593797.406.19$24,795
Jan 20141911,11290.404.86$22,672
Dec 201319493591.824.35$21,885
Nov 2013084388.853.74$3,151
Oct 201318789297.423.78$21,589
Sep 2013187943104.113.72$22,974
Aug 2013184983104.253.52$22,645
Jul 20131831,028102.523.72$22,583
Jun 201301,05194.403.93$4,134
May 20131931,18194.834.15$23,202
Apr 201317571193.964.28$19,488
Mar 201319597493.623.91$22,067
Feb 20131951,07591.233.42$21,466
Jan 20133791,14991.603.42$38,646
Dec 2012047786.773.42$1,631
Nov 20121931,06386.953.62$20,635
Oct 201217480589.383.40$18,289
Sep 20121831,02294.672.92$20,307
Aug 201201,06192.662.91$3,086
Jul 20123591,05085.133.02$33,734
Jun 20121931,04279.822.52$18,030
May 20121701,14191.612.49$18,413
Apr 20121891,141101.652.00$21,490
Mar 20125711,210105.052.22$62,672
Feb 20123721,201101.102.57$40,696
Jan 20121921,55198.092.73$23,074
Dec 20113921,65396.873.24$43,328
Nov 20113871,30395.723.31$41,358
Oct 20111791,50784.983.65$20,710
Sep 2011048683.623.99$1,937
Aug 2011037683.404.15$1,560
Jul 201119249594.144.52$20,311
Jun 2011055392.904.64$2,566
May 2011059598.134.40$2,621
Apr 20110532105.964.33$2,305
Mar 201117554396.364.06$19,066
Feb 2011047785.644.18$1,994
Jan 2011055286.504.59$2,533
Dec 201019442885.734.35$18,492
Nov 2010045980.843.80$1,742
Oct 2010057278.103.51$2,007
Sep 201019353872.633.98$16,159
Aug 2010045173.684.42$1,993
Jul 201019247672.554.74$16,184
Jun 2010051570.364.91$2,529
May 201019653771.124.24$16,214
Apr 2010041781.694.12$1,719
Mar 2010050078.394.39$2,194
Feb 2010034473.585.44$1,872
Jan 201019446074.365.96$17,169
Dec 2009052071.445.48$2,852
Nov 2009052674.593.75$1,973
Oct 2009053372.544.11$2,191
Sep 200918554765.543.06$13,801
Aug 2009065567.423.22$2,108
Jul 2009061161.133.46$2,117
Jun 2009047966.163.90$1,866
May 200918762854.743.93$12,702
Apr 2009059446.773.59$2,131
Mar 2009059642.144.06$2,419
Feb 200919762132.814.63$9,341
Jan 2009073135.865.37$3,926
Dec 2008054837.105.98$3,275
Nov 2008063655.496.86$4,363
Oct 200819783875.246.92$20,623
Sep 20080584101.767.88$4,600
Aug 20080765114.228.48$6,490
Jul 2008193736131.0811.39$33,681
Jun 20080781131.3313.03$10,178
May 20080769123.1711.57$8,901
Apr 2008195815110.3110.45$30,031
Mar 20080405101.909.66$3,914
Feb 2008065792.538.77$5,762
Jan 200820371490.388.21$24,206
Dec 2007076688.337.30$5,593
Nov 2007096591.677.29$7,036
Oct 200718894882.856.92$22,138
Sep 2007093675.846.24$5,845
Aug 200719273869.066.39$17,974
Jul 2007175670.906.39$4,900
Jun 2007063162.007.55$4,763
May 200718972458.747.85$16,783
Apr 2007171959.617.81$5,672
Mar 200719868956.927.30$16,301
Feb 2007063855.108.22$5,242
Jan 2007068250.306.73$4,588
Dec 200617466556.656.92$14,458
Nov 2006065954.207.62$5,020
Oct 200618683754.906.01$15,245
Sep 2006181860.085.04$4,181
Aug 200617979768.717.34$18,149
Jul 2006185469.376.34$5,486
Jun 2006161566.286.38$3,992
May 200618183466.016.42$17,306
Apr 200618569864.397.36$17,050
Mar 2006157256.707.08$4,108
Feb 200617870857.597.75$15,739
Jan 2006179560.598.93$7,163
Dec 200517683454.9413.42$20,858
Nov 2005043054.6910.59$4,553
Oct 200516280158.3413.80$20,501
Sep 2005193761.4512.08$11,379
Aug 200515293561.519.80$18,510
Jul 200501,00555.697.84$7,883
Jun 200517393352.337.38$15,940
May 200517996845.226.65$14,533
Apr 2005190349.207.36$6,696
Mar 200511,06250.377.15$7,649
Feb 200516173245.226.31$11,901
Jan 2005076243.166.32$4,818
Dec 200418279539.866.75$12,622
Nov 2004083945.286.33$5,311
Oct 200415697149.706.52$14,079
Sep 200417465143.245.28$10,964
Aug 2004086042.375.55$4,774
Jul 200414981638.286.08$10,668
Jun 200411,00936.106.43$6,527
May 200417468337.486.49$10,957
Apr 2004192434.475.86$5,448
Mar 20041861,08334.365.53$12,380
Feb 2004078032.455.51$4,298
Jan 200418292332.036.30$11,644
Dec 200301,01230.266.30$6,377
Nov 20031791,21928.804.60$10,757
Oct 20031761,00828.174.76$9,756
Sep 2003113026.314.75$644
Aug 200317413029.765.13$5,845
Jul 2003074629.415.17$3,857
Jun 200336090228.565.98$15,678
May 2003092226.595.97$5,507
Apr 2003095726.675.41$5,175
Mar 20031781,14831.146.10$12,541
Feb 20031931,09933.487.93$15,172
Jan 200331,30030.315.58$7,348
Dec 20021811,06726.914.85$10,050
Nov 20021811,15924.664.14$9,258
Oct 20021731,20426.464.23$9,669
Sep 200201,31627.443.64$4,784
Aug 20021781,31825.963.16$8,791
Jul 20021751,14224.583.06$7,798
Jun 200201,34223.733.34$4,480
May 20021781,42524.663.58$9,497
Apr 20021831,57323.653.51$9,853
Mar 20021761,52722.003.10$8,610
Feb 20021781,50018.222.38$6,807
Jan 20023421,80517.172.38$10,160
Dec 20011802,01716.932.36$7,816
Nov 20011751,76718.072.41$7,413
Oct 20013472,08319.782.53$12,131
Sep 20011801,84924.262.25$8,529
Aug 20013561,80724.873.05$14,371
Jul 20011792,09323.933.20$10,975
Jun 20011732,05724.563.82$12,115
May 20013512,23025.524.31$18,563
Apr 20011791,78624.685.34$13,947
Mar 20013632,23324.545.38$20,914
Feb 20013582,15327.755.77$22,351
Jan 20011781,84827.478.40$20,411
Dec 20001842,11626.889.12$24,249
Nov 20003602,36632.215.66$24,982
Oct 20001772,49631.235.15$18,371
Sep 20003622,79131.875.19$26,012
Aug 20003572,03229.644.54$19,808
Jul 20001822,55128.534.09$15,625
Jun 20003492,24429.304.40$20,093
May 20003482,03727.263.68$16,982
Apr 20001792,24724.513.12$11,389
Mar 20001791,77528.422.86$10,163
Feb 20001821,94827.622.73$10,338
Jan 20003882,41825.272.48$15,803
Dec 19993542,17524.282.42$13,867
Nov 19991802,08723.192.43$9,254
Oct 19991762,45820.982.80$10,584
Sep 19993622,33221.752.62$13,981
Aug 19991862,21019.262.88$9,937
Jul 19993632,33117.892.37$12,024
Jun 19993522,42515.942.36$11,339
May 19991782,41515.792.32$8,416
Apr 19991772,23515.102.21$7,608
Mar 19991852,49612.471.84$6,895
Feb 19993572,0889.981.82$7,358
Jan 19991792,49510.381.90$6,598
Dec 19983542,5449.201.77$7,768
Nov 19981762,65710.892.19$7,724
Oct 19983622,63312.421.97$9,681
Sep 19981812,77712.592.08$8,062
Aug 19983532,95611.301.91$9,627
Jul 19983612,81611.742.24$10,538
Jun 19981812,50611.242.24$7,641
May 19981892,75212.622.21$8,457
Apr 19983572,76813.042.51$11,590
Mar 19981822,26112.802.31$7,551
Feb 19983692,21013.952.30$10,229
Jan 19981843,29814.702.15$9,811
Dec 19973583,20616.322.41$13,573
Nov 19973602,40018.193.09$13,960
Oct 19973562,86619.253.15$15,880
Sep 19973582,33017.742.95$13,236
Aug 19973543,34417.862.55$14,865
Jul 19971833,39517.582.25$10,846
Jun 19973553,78117.242.26$14,655
May 19973683,67718.972.31$15,469
Apr 19973664,23117.882.08$15,356
Mar 19973674,54218.951.94$15,762
Feb 19973613,87420.492.21$15,943
Jan 19973675,07223.483.54$26,571
Dec 19965326,23523.32$12,406
Nov 19963644,18821.97$7,997
Oct 19963652,83723.31$8,508
Sep 19963384,14922.22$7,510
Aug 19963584,78220.26$7,253
Jul 19965354,53319.55$10,459
Jun 19963554,34918.73$6,649
May 19961825,55119.43$3,536
Apr 19967176,08221.51$15,423
Mar 19963625,96919.38$7,016
Feb 19963574,62716.98$6,062
Jan 19967336,69217.07$12,512
Dec 19955497,73117.19$9,437
Nov 19959106,20516.00$14,560
Oct 19953778,95315.43$5,817
Sep 199574910,18116.18$12,119
Aug 199556011,86015.92$8,915
Jul 19951,42912,75515.24$21,778
Jun 19951,07114,80616.41$17,575
May 199594411,54517.56$16,577
Apr 19957267,17317.73$12,872
Mar 199593011,28416.44$15,289
Feb 19951,48211,72116.58$24,572
Jan 19951,44811,66615.92$23,052
Dec 19941,80610,33915.03$27,144
Nov 19941,27312,30415.90$20,241
Oct 19942,35118,83115.58$36,629
Sep 19941,97822,85015.29$30,244
Aug 19941,99428,12616.13$32,163
Jul 19940017.56$0

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   75 Mcf  × $  2.87 =       $215

────────────────────────────────────────────────────
Month total                                     $215

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/151743 is the state's own key, not one this site invented.