KENNARD

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 152394District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$683 k
Nov 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
379
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 Gas111995-02-03131122
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
CondensateDisposition4,869 bbl$87,362
GasProduction661,793 Mcf$595,145
Total$682,507

527,431 Mcf of this lease's gas, across 26 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 30.5145, -96.0161. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.51452, -96.01611 · 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
14,816 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 14,816 ft.

Completions filed
Nov 1994
1 of 1 wells

1 well

42-185304631H14,816 ftNov 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 (379)

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

379 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
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 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013045197.423.78$1,704
Sep 201301104.113.72$4
Aug 20130340104.253.52$1,198
Jul 20130829102.523.72$3,082
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013010893.623.91$423
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201209486.953.62$341
Oct 2012010889.383.40$367
Sep 201201194.672.92$32
Aug 2012019692.662.91$570
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 2012022391.612.49$555
Apr 20120174101.652.00$347
Mar 201202105.052.22$4
Feb 20120126101.102.57$324
Jan 2012014298.092.73$388
Dec 2011016396.873.24$528
Nov 2011039195.723.31$1,295
Oct 2011054684.983.65$1,992
Sep 2011050783.623.99$2,021
Aug 2011068783.404.15$2,851
Jul 2011017494.144.52$786
Jun 2011014792.904.64$682
May 2011018198.134.40$797
Apr 20110489105.964.33$2,119
Mar 2011028596.364.06$1,156
Feb 2011033685.644.18$1,404
Jan 2011015786.504.59$720
Dec 2010031685.734.35$1,374
Nov 2010027180.843.80$1,029
Oct 2010029078.103.51$1,018
Sep 2010046472.633.98$1,846
Aug 2010033673.684.42$1,485
Jul 2010019872.554.74$938
Jun 2010018570.364.91$908
May 2010029871.124.24$1,262
Apr 2010048881.694.12$2,012
Mar 2010067878.394.39$2,976
Feb 2010068173.585.44$3,706
Jan 2010042974.365.96$2,559
Dec 2009034271.445.48$1,875
Nov 2009044374.593.75$1,662
Oct 2009017872.544.11$732
Sep 2009054465.543.06$1,667
Aug 200906867.423.22$219
Jul 20099782861.133.46$8,798
Jun 2009077066.163.90$2,999
May 2009456454.743.93$2,433
Apr 2009064746.773.59$2,321
Mar 2009271742.144.06$2,995
Feb 2009051232.814.63$2,372
Jan 2009259335.865.37$3,257
Dec 2008179137.105.98$4,765
Nov 2008078255.496.86$5,365
Oct 2008189375.246.92$6,257
Sep 20080728101.767.88$5,735
Aug 200801,180114.228.48$10,010
Jul 200801,114131.0811.39$12,688
Jun 200811,014131.3313.03$13,346
May 200831,214123.1711.57$14,421
Apr 200801,396110.3110.45$14,595
Mar 200811,639101.909.66$15,941
Feb 200832,85692.538.77$25,326
Jan 200872,41790.388.21$20,466
Dec 200782,24488.337.30$17,092
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007020575.846.24$1,280
Aug 2007031769.066.39$2,025
Jul 2007057370.906.39$3,660
Jun 2007025762.007.55$1,940
May 2007032658.747.85$2,558
Apr 2007048659.617.81$3,793
Mar 2007021856.927.30$1,592
Feb 2007027055.108.22$2,218
Jan 2007046150.306.73$3,101
Dec 2006038756.656.92$2,677
Nov 2006027354.207.62$2,080
Oct 2006047654.906.01$2,863
Sep 2006024960.085.04$1,254
Aug 2006042268.717.34$3,097
Jul 2006021569.376.34$1,364
Jun 2006045966.286.38$2,930
May 2006031866.016.42$2,043
Apr 200608364.397.36$611
Mar 2006047556.707.08$3,364
Feb 2006025257.597.75$1,953
Jan 2006049760.598.93$4,440
Dec 2005123954.9413.42$3,261
Nov 2005021954.6910.59$2,319
Oct 2005026958.3413.80$3,711
Sep 2005018161.4512.08$2,186
Aug 2005033961.519.80$3,321
Jul 2005046455.697.84$3,639
Jun 2005022252.337.38$1,639
May 2005056645.226.65$3,765
Apr 2005123849.207.36$1,801
Mar 2005017050.377.15$1,216
Feb 2005025745.226.31$1,622
Jan 2005021243.166.32$1,340
Dec 2004050839.866.75$3,430
Nov 2004036945.286.33$2,336
Oct 2004020149.706.52$1,310
Sep 2004137243.245.28$2,009
Aug 200401,22842.375.55$6,816
Jul 2004038738.286.08$2,355
Jun 2004033136.106.43$2,129
May 2004058337.486.49$3,786
Apr 2004054134.475.86$3,169
Mar 2004057034.365.53$3,152
Feb 2004059932.455.51$3,300
Jan 2004067532.036.30$4,252
Dec 2003028430.266.30$1,790
Nov 2003053828.804.60$2,472
Oct 2003092628.174.76$4,407
Sep 2003045626.314.75$2,166
Aug 2003036629.765.13$1,877
Jul 2003066029.415.17$3,413
Jun 2003031728.565.98$1,897
May 2003068726.595.97$4,103
Apr 2003042826.675.41$2,314
Mar 2003063531.146.10$3,871
Feb 2003048333.487.93$3,828
Jan 200301,38830.315.58$7,748
Dec 2002028326.914.85$1,374
Nov 2002062224.664.14$2,573
Oct 2002060226.464.23$2,546
Sep 2002031127.443.64$1,131
Aug 2002039525.963.16$1,250
Jul 2002040624.583.06$1,243
Jun 2002047523.733.34$1,586
May 2002090824.663.58$3,254
Apr 200217437923.653.51$5,446
Mar 2002030922.003.10$959
Feb 2002066718.222.38$1,585
Jan 2002053517.172.38$1,271
Dec 2001021916.932.36$518
Nov 2001065518.072.41$1,576
Oct 2001081119.782.53$2,051
Sep 200101,04924.262.25$2,362
Aug 20010024.873.05$0
Jul 2001032923.933.20$1,052
Jun 2001013824.563.82$528
May 2001035325.524.31$1,520
Apr 2001037724.685.34$2,011
Mar 2001013124.545.38$704
Feb 2001029927.755.77$1,724
Jan 2001050127.478.40$4,208
Dec 2000021626.889.12$1,970
Nov 2000072932.215.66$4,125
Oct 2000022431.235.15$1,153
Sep 2000062231.875.19$3,226
Aug 2000037129.644.54$1,685
Jul 200001,09828.534.09$4,491
Jun 2000047829.304.40$2,102
May 2000032627.263.68$1,200
Apr 2000027124.513.12$844
Mar 2000085828.422.86$2,454
Feb 2000064527.622.73$1,759
Jan 2000058425.272.48$1,449
Dec 1999073224.282.42$1,774
Nov 1999076823.192.43$1,869
Oct 199901,04120.982.80$2,919
Sep 1999098321.752.62$2,574
Aug 199901,43519.262.88$4,126
Jul 1999080317.892.37$1,905
Jun 199901,73315.942.36$4,094
May 1999030915.792.32$717
Apr 199901,07315.102.21$2,369
Mar 19991421,98012.471.84$5,411
Feb 199902,2739.981.82$4,132
Jan 1999015010.381.90$285
Dec 199801,4119.201.77$2,502
Nov 1998098910.892.19$2,162
Oct 199801,56712.421.97$3,086
Sep 199801,22812.592.08$2,557
Aug 199801,69311.301.91$3,229
Jul 199802,06611.742.24$4,622
Jun 1998072211.242.24$1,615
May 1998074812.622.21$1,650
Apr 199801,03813.042.51$2,601
Mar 199801,40512.802.31$3,245
Feb 199801,20013.952.30$2,759
Jan 199801,86914.702.15$4,027
Dec 199701,24716.322.41$3,007
Nov 1997521,83118.193.09$6,600
Oct 1997281,68619.253.15$5,850
Sep 199702,31417.742.95$6,838
Aug 199705,43917.862.55$13,895
Jul 199702,36617.582.25$5,316
Jun 199703,05917.242.26$6,905
May 1997923,10418.972.31$8,911
Apr 1997844,33417.882.08$10,529
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 199702,48723.483.54$8,803
Dec 199601,42823.32$0
Nov 199603,11821.97$0
Oct 199602,48423.31$0
Sep 199602,98722.22$0
Aug 199617646,45620.26$3,566
Jul 199604,76719.55$0
Jun 199602,85718.73$0
May 199614,02819.43$19
Apr 199605,39121.51$0
Mar 199605,05719.38$0
Feb 19961866,10916.98$3,158
Jan 199617,04417.07$17
Dec 1995010,21317.19$0
Nov 199518021,20616.00$2,880
Oct 199519717,23415.43$3,040
Sep 1995110,34716.18$16
Aug 199518913,35315.92$3,009
Jul 199518915,43115.24$2,880
Jun 199517917,83416.41$2,937
May 199519421,28817.56$3,407
Apr 199537322,17217.73$6,613
Mar 199518026,90216.44$2,959
Feb 199538534,50016.58$6,383
Jan 199556948,28515.92$9,058
Dec 199456574,62015.03$8,492
Nov 1994599102,32015.90$9,524

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.

Oct 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 97.42 =         $0
Gas                  451 Mcf  × $  3.78 =     $1,704

────────────────────────────────────────────────────
Month total                                   $1,704

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/152394 is the state's own key, not one this site invented.