JADE 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 151771District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Aug 1994 – May 2026
Value, last 12 filed months
$115 k
at the published price for each month
Months reported
382
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 Gas111995-01-23131364
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
CondensateDisposition78,146 bbl$2,156,740
GasProduction1,260,588 Mcf$2,278,233
Total$4,434,973

708,015 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 30.0265, -96.8371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.02652, -96.83706 · 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
13,216 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 13,216 ft.

Completions filed
Aug 1994
1 of 1 wells

1 well

42-14932901113,216 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 20260492106.413.05$1,499
Apr 202618794998.932.87$21,223
Mar 2026091889.753.15$2,891
Feb 2026087263.503.75$3,270
Jan 20261771,02659.138.00$18,672
Dec 202501,12756.664.41$4,974
Nov 202501,22958.593.93$4,826
Oct 20251811,67459.383.30$16,280
Sep 20251821,84562.743.08$17,096
Aug 202501,33763.933.01$4,031
Jul 20251881,18766.743.32$16,482
Jun 202501,21766.483.13$3,808
May 20251851,12560.553.23$14,838
Apr 202511,20062.363.54$4,314
Mar 202518598567.704.27$16,729
Feb 2025191170.884.34$4,025
Jan 2025027774.324.28$1,185
Dec 2024079968.993.12$2,494
Nov 2024012669.052.20$277
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202401975.632.06$39
Jul 202405879.932.15$125
Jun 20240078.082.63$0
May 202409278.812.20$202
Apr 2024172784.451.66$14,537
Mar 202404980.301.55$76
Feb 2024110776.091.78$267
Jan 2024018573.023.30$610
Dec 2023017571.262.61$457
Nov 2023116177.892.81$530
Oct 2023022385.443.09$688
Sep 2023018089.042.74$492
Aug 20231749180.522.67$14,254
Jul 2023014274.852.64$375
Jun 2023016068.962.26$361
May 202302770.622.23$60
Apr 2023019478.122.24$434
Mar 2023011572.852.39$275
Feb 2023018875.112.47$464
Jan 202317724076.533.39$14,359
Dec 2022011376.415.73$647
Nov 2022018985.005.65$1,067
Oct 2022021287.185.86$1,243
Sep 202203684.888.16$294
Aug 202219894.529.13$989
Jul 202219388101.587.54$20,269
Jun 20220462115.097.98$3,685
May 202200109.378.43$0
Apr 20220239104.226.84$1,634
Mar 20220432108.885.08$2,193
Feb 2022045091.054.86$2,186
Jan 2022048981.844.54$2,219
Dec 2021062971.323.90$2,453
Nov 202119055677.435.24$17,623
Oct 2021057579.795.71$3,285
Sep 2021153569.865.35$2,933
Aug 2021046966.024.22$1,979
Jul 202118953570.783.98$15,508
Jun 2021034369.493.38$1,160
May 2021059363.483.02$1,789
Apr 2021021460.362.76$590
Mar 2021093361.302.72$2,535
Feb 2021038357.805.55$2,125
Jan 202119540750.412.81$10,974
Dec 2020015444.642.68$412
Nov 2020034138.772.71$923
Oct 2020019536.972.48$483
Sep 2020030037.091.99$597
Aug 2020034439.982.39$820
Jul 2020030038.371.83$548
Jun 2020028834.901.69$487
May 2020015916.921.81$289
Apr 202016527814.751.80$2,935
Mar 2020033330.341.86$618
Feb 2020039149.881.98$774
Jan 2020035257.252.09$737
Dec 2019043559.012.30$1,002
Nov 201917555855.302.75$11,212
Oct 2019048353.472.42$1,168
Sep 2019056255.052.66$1,493
Aug 2019065053.112.30$1,498
Jul 201917362356.272.46$11,267
Jun 2019063552.782.49$1,582
May 2019054358.482.74$1,488
Apr 2019080362.632.75$2,209
Mar 201917377256.803.06$12,190
Feb 2019041550.852.79$1,159
Jan 201917380746.033.23$10,568
Dec 2018083446.594.19$3,491
Nov 201801,46952.934.24$6,225
Oct 2018083461.443.40$2,834
Sep 201817153059.543.11$11,829
Aug 2018036559.403.07$1,119
Jul 2018042965.142.93$1,258
Jun 201816935960.183.08$11,275
May 2018036565.382.90$1,059
Apr 2018038763.842.90$1,123
Mar 2018038161.222.79$1,062
Feb 201818836561.782.77$12,624
Jan 2018042962.874.01$1,720
Dec 2017034857.272.92$1,017
Nov 201718937555.423.12$11,644
Oct 2017042449.292.98$1,265
Sep 2017034247.523.09$1,056
Aug 2017033645.373.00$1,009
Jul 2017034743.873.09$1,071
Jun 2017033842.493.09$1,044
May 2017039045.373.26$1,273
Apr 201719131247.933.21$10,157
Mar 2017040546.772.98$1,208
Feb 2017032950.452.95$971
Jan 2017035149.413.42$1,200
Dec 2016038148.763.72$1,418
Nov 2016038642.492.64$1,021
Oct 201618740846.193.09$9,898
Sep 2016043041.553.10$1,333
Aug 2016039841.442.92$1,164
Jul 2016034141.622.92$997
Jun 2016042445.352.69$1,139
May 201618640442.521.99$8,713
Apr 2016047236.561.99$940
Mar 2016044933.011.79$806
Feb 2016047626.472.06$982
Jan 2016051227.352.36$1,211
Dec 201519551532.362.00$7,341
Nov 2015049738.792.17$1,077
Oct 2015052743.552.43$1,279
Sep 2015050242.992.76$1,385
Aug 2015049340.162.87$1,416
Jul 201518849148.152.95$10,498
Jun 2015042256.152.88$1,217
May 2015050155.212.96$1,481
Apr 2015051549.822.71$1,394
Mar 2015057942.892.93$1,699
Feb 201518153844.662.98$9,685
Jan 2015059243.433.10$1,836
Dec 2014059454.693.59$2,133
Nov 2014059770.464.25$2,538
Oct 201417957478.303.90$16,255
Sep 2014055686.164.05$2,249
Aug 2014056389.394.04$2,272
Jul 2014052296.564.18$2,182
Jun 2014058798.164.74$2,781
May 201419159494.734.73$20,901
Apr 2014059995.944.81$2,881
Mar 2014062895.895.06$3,176
Feb 2014052897.406.19$3,269
Jan 2014059690.404.86$2,897
Dec 201319360691.824.35$20,360
Nov 2013054988.853.74$2,052
Oct 2013061897.423.78$2,336
Sep 20130578104.113.72$2,149
Aug 2013180581104.253.52$20,812
Jul 20130614102.523.72$2,283
Jun 2013063294.403.93$2,486
May 2013087494.834.15$3,626
Apr 2013040193.964.28$1,717
Mar 201318159293.623.91$19,262
Feb 2013050591.233.42$1,727
Jan 2013051691.603.42$1,765
Dec 2012052486.773.42$1,792
Nov 201218659786.953.62$18,337
Oct 2012060189.383.40$2,043
Sep 2012059294.672.92$1,728
Aug 2012064292.662.91$1,867
Jul 201218468685.133.02$17,736
Jun 2012049579.822.52$1,247
May 2012061991.612.49$1,540
Apr 20120614101.652.00$1,226
Mar 2012178611105.052.22$20,057
Feb 20120588101.102.57$1,511
Jan 2012058298.092.73$1,591
Dec 2011060796.873.24$1,967
Nov 201119573395.723.31$21,093
Oct 2011076484.983.65$2,787
Sep 2011080383.623.99$3,201
Aug 2011082183.404.15$3,407
Jul 201119069594.144.52$21,026
Jun 2011078292.904.64$3,628
May 2011092298.134.40$4,061
Apr 20110770105.964.33$3,337
Mar 201118488396.364.06$21,313
Feb 2011079685.644.18$3,327
Jan 20115591286.504.59$8,942
Dec 201018687785.734.35$19,759
Nov 2010084880.843.80$3,218
Oct 2010099078.103.51$3,474
Sep 201018597472.633.98$17,313
Aug 2010088773.684.42$3,920
Jul 2010093872.554.74$4,443
Jun 2010096170.364.91$4,719
May 20101931,16271.124.24$18,647
Apr 2010085881.694.12$3,537
Mar 201001,04778.394.39$4,595
Feb 201019684373.585.44$19,010
Jan 2010092274.365.96$5,499
Dec 2009094771.445.48$5,193
Nov 20091911,05374.593.75$18,197
Oct 200901,09372.544.11$4,493
Sep 200901,03465.543.06$3,169
Aug 20091891,22967.423.22$16,698
Jul 200901,17461.133.46$4,067
Jun 20091811,07666.163.90$16,166
May 200901,16554.743.93$4,574
Apr 200901,16346.773.59$4,172
Mar 20091951,22642.144.06$13,194
Feb 200901,16732.814.63$5,407
Jan 200901,24335.865.37$6,676
Dec 20081951,27037.105.98$14,825
Nov 200801,23455.496.86$8,466
Oct 20081941,32175.246.92$23,741
Sep 200801,192101.767.88$9,389
Aug 20081931,165114.228.48$31,927
Jul 200801,592131.0811.39$18,132
Jun 20080104131.3313.03$1,355
May 200801,067123.1711.57$12,350
Apr 20081961,412110.3110.45$36,383
Mar 20081931,001101.909.66$29,340
Feb 200801,10792.538.77$9,709
Jan 200801,17690.388.21$9,650
Dec 20071961,04288.337.30$24,921
Nov 200701,45891.677.29$10,631
Oct 200701,08682.856.92$7,517
Sep 200719291375.846.24$20,262
Aug 2007099869.066.39$6,375
Jul 20071821,13970.906.39$20,180
Jun 200701,36062.007.55$10,266
May 20071921,21758.747.85$20,827
Apr 200711,19059.617.81$9,348
Mar 20071941,49856.927.30$21,981
Feb 20071991,60855.108.22$24,176
Jan 200701,47950.306.73$9,949
Dec 200601,57856.656.92$10,917
Nov 20061861,60754.207.62$22,322
Oct 200611,59854.906.01$9,665
Sep 20061851,47760.085.04$18,555
Aug 20061821,68468.717.34$24,866
Jul 200601,26569.376.34$8,024
Jun 200611,81466.286.38$11,647
May 20061691,24166.016.42$19,129
Apr 200611,77664.397.36$13,137
Mar 20061942,13956.707.08$26,150
Feb 200611,37557.597.75$10,715
Jan 20061731,93960.598.93$27,804
Dec 20051812,10754.9413.42$38,210
Nov 200501,64054.6910.59$17,365
Oct 20051662,16858.3413.80$39,594
Sep 20051611,72661.4512.08$30,742
Aug 20051631,39861.519.80$23,722
Jul 200511,79555.697.84$14,135
Jun 20053511,65652.337.38$30,591
May 20051841,93145.226.65$21,164
Apr 200502,00149.207.36$14,728
Mar 20051882,56450.377.15$27,815
Feb 20051412,42345.226.31$21,670
Jan 20051772,67143.166.32$24,526
Dec 20041672,60539.866.75$24,243
Nov 20041622,56345.286.33$23,560
Oct 20041702,68149.706.52$25,916
Sep 20041732,54743.245.28$20,939
Aug 20041782,58642.375.55$21,896
Jul 20041742,79038.286.08$23,636
Jun 20043172,75936.106.43$29,192
May 20041873,03937.486.49$26,746
Apr 20041742,83434.475.86$22,601
Mar 20043603,08534.365.53$29,430
Feb 20041833,09132.455.51$22,969
Jan 20043803,58632.036.30$34,762
Dec 20031903,87730.266.30$30,181
Nov 20035444,22128.804.60$35,063
Oct 20033705,95228.174.76$38,752
Sep 20033703,87126.314.75$28,119
Aug 20033623,72729.765.13$29,892
Jul 20037194,52129.415.17$44,523
Jun 20035534,17028.565.98$40,743
May 20031,2175,65526.595.97$66,136
Apr 20039670926.675.41$6,394
Mar 20031892,10531.146.10$18,718
Feb 20031811,86633.487.93$20,850
Jan 20031822,09230.315.58$17,194
Dec 20021862,25826.914.85$15,965
Nov 200202,12124.664.14$8,774
Oct 20021682,30026.464.23$14,172
Sep 20021782,28227.443.64$13,180
Aug 20021772,44425.963.16$12,328
Jul 20021812,42924.583.06$11,886
Jun 20021792,43523.733.34$12,376
May 20021782,56624.663.58$13,586
Apr 20021802,66023.653.51$13,600
Mar 20021772,73222.003.10$12,371
Feb 200202,34718.222.38$5,576
Jan 20023652,60217.172.38$12,449
Dec 20011772,88316.932.36$9,813
Nov 20011792,99318.072.41$10,434
Oct 20011812,81119.782.53$10,689
Sep 20011783,12924.262.25$11,363
Aug 20011823,81924.873.05$16,186
Jul 20011764,26823.933.20$17,857
Jun 20011772,61524.563.82$14,347
May 20011802,50325.524.31$15,375
Apr 20015423,38224.685.34$31,421
Mar 200102,76724.545.38$14,877
Feb 20011822,29627.755.77$18,292
Jan 200102,60027.478.40$21,837
Dec 20001752,14126.889.12$24,235
Nov 20001782,45432.215.66$19,618
Oct 200002,63131.235.15$13,538
Sep 20003562,40931.875.19$23,840
Aug 200002,17129.644.54$9,858
Jul 200002,33228.534.09$9,537
Jun 20003552,59529.304.40$21,812
May 20003574,31827.263.68$25,621
Apr 200002,22624.513.12$6,936
Mar 200002,85128.422.86$8,153
Feb 200002,05527.622.73$5,603
Jan 20003602,54725.272.48$15,415
Dec 19993613,34424.282.42$16,870
Nov 199903,44023.192.43$8,373
Oct 19993543,85620.982.80$18,238
Sep 199903,98821.752.62$10,444
Aug 19995393,72719.262.88$21,099
Jul 199903,94317.892.37$9,354
Jun 19993463,94215.942.36$14,827
May 199904,30415.792.32$9,990
Apr 19993584,35815.102.21$15,028
Mar 19991904,66812.471.84$10,951
Feb 19991764,3539.981.82$9,669
Jan 19993624,93010.381.90$13,124
Dec 19983605,0869.201.77$12,331
Nov 19981805,15510.892.19$13,228
Oct 19983665,78912.421.97$15,945
Sep 19983575,70012.592.08$16,366
Aug 19981766,09111.301.91$13,606
Jul 19985434,51911.742.24$16,485
Jun 199802,99911.242.24$6,710
May 19981945,04512.622.21$13,579
Apr 19983564,62613.042.51$16,232
Mar 19983595,94212.802.31$18,318
Feb 19983635,91913.952.30$18,672
Jan 19983597,31414.702.15$21,037
Dec 19973627,21016.322.41$23,292
Nov 19973583,56818.193.09$17,531
Oct 19973636,44619.253.15$27,291
Sep 19973538,35617.742.95$30,953
Aug 199771310,64717.862.55$39,935
Jul 19971784,95817.582.25$14,270
Jun 19973536,39917.242.26$20,530
May 19971844,43118.972.31$13,719
Apr 19971795,15517.882.08$13,937
Mar 19973615,13018.951.94$16,789
Feb 19971845,59520.492.21$16,112
Jan 19973727,30723.483.54$34,599
Dec 19963676,23523.32$8,558
Nov 19963607,38421.97$7,909
Oct 19963597,02423.31$8,368
Sep 19963626,87622.22$8,044
Aug 19961907,41420.26$3,849
Jul 19963546,35719.55$6,921
Jun 19963578,67618.73$6,687
May 19963578,12819.43$6,937
Apr 19961868,05521.51$4,001
Mar 19967249,95619.38$14,031
Feb 199655510,85616.98$9,424
Jan 199618411,97317.07$3,141
Dec 199573712,16817.19$12,669
Nov 199591314,44916.00$14,608
Oct 199556814,42015.43$8,764
Sep 199556114,64716.18$9,077
Aug 199594417,90515.92$15,028
Jul 199570416,94015.24$10,729
Jun 199571519,46716.41$11,733
May 199592324,10717.56$16,208
Apr 19951,30425,47817.73$23,120
Mar 19951,30231,47416.44$21,405
Feb 19951,45531,91516.58$24,124
Jan 19952,35248,59115.92$37,444
Dec 19941,23722,87715.03$18,592
Nov 19941,27533,48715.90$20,273
Oct 19943,77968,94215.58$58,877
Sep 19946,24198,68015.29$95,425
Aug 199411,190113,53416.13$180,495

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                  492 Mcf  × $  3.05 =     $1,499

────────────────────────────────────────────────────
Month total                                   $1,499

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/151771 is the state's own key, not one this site invented.