ELLIOTT 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 152505District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Dec 1994 – May 2026
Value, last 12 filed months
$66 k
at the published price for each month
Months reported
378
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 Gas111995-02-21131290
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
CondensateDisposition1,457 bbl$25,982
GasProduction5,762,427 Mcf$7,474,633
Total$7,500,615

3,708,220 Mcf of this lease's gas, across 23 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 30.4229, -96.1394. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.42285, -96.13937 · 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
13,683 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 13,683 ft.

Completions filed
Dec 1994
1 of 1 wells

1 well

42-041318371H13,683 ftDec 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 (378)

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

378 months

May 20260980106.413.05$2,985
Apr 202601,36898.932.87$3,926
Mar 202601,75689.753.15$5,530
Feb 202601,62663.503.75$6,098
Jan 202601,01259.138.00$8,094
Dec 202501,56156.664.41$6,889
Nov 202501,70158.593.93$6,679
Oct 202501,78559.383.30$5,899
Sep 202501,76062.743.08$5,415
Aug 202501,92963.933.01$5,815
Jul 202501,75066.743.32$5,802
Jun 2025090766.483.13$2,838
May 202501,79660.553.23$5,805
Apr 202501,75762.363.54$6,225
Mar 202501,88767.704.27$8,054
Feb 202501,75670.884.34$7,623
Jan 2025147474.324.28$2,102
Dec 202401,91868.993.12$5,987
Nov 202401,81069.052.20$3,979
Oct 202401,71571.372.28$3,913
Sep 202401,92369.612.36$4,547
Aug 202401,48875.632.06$3,071
Jul 2024017079.932.15$365
Jun 202401,37778.082.63$3,627
May 202411,76078.812.20$3,948
Apr 202401,75084.451.66$2,904
Mar 202401,79180.301.55$2,767
Feb 202411,78076.091.78$3,251
Jan 202401,13373.023.30$3,736
Dec 202301,82971.262.61$4,775
Nov 202301,81977.892.81$5,107
Oct 202302,06485.443.09$6,372
Sep 202301,78289.042.74$4,874
Aug 202301,93580.522.67$5,172
Jul 202301,98374.852.64$5,239
Jun 202301,92868.962.26$4,354
May 202302,05170.622.23$4,568
Apr 202302,01078.122.24$4,498
Mar 202302,12672.852.39$5,088
Feb 202311,78775.112.47$4,481
Jan 202302,15576.533.39$7,301
Dec 202212,17276.415.73$12,520
Nov 202202,19085.005.65$12,365
Oct 202202,36087.185.86$13,838
Sep 202202,26384.888.16$18,474
Aug 202202,15394.529.13$19,651
Jul 202211,776101.587.54$13,496
Jun 202201,732115.097.98$13,817
May 202201,884109.378.43$15,888
Apr 202201,448104.226.84$9,901
Mar 202201,300108.885.08$6,599
Feb 202201,67491.054.86$8,134
Jan 202201,85581.844.54$8,417
Dec 202101,88171.323.90$7,334
Nov 202101,82577.435.24$9,557
Oct 202101,81979.795.71$10,394
Sep 202101,79969.865.35$9,626
Aug 202101,87066.024.22$7,893
Jul 202102,03670.783.98$8,108
Jun 202102,03769.493.38$6,886
May 202102,04863.483.02$6,180
Apr 202102,02460.362.76$5,583
Mar 202102,26061.302.72$6,140
Feb 202101,73357.805.55$9,615
Jan 202102,25150.412.81$6,326
Dec 202002,17344.642.68$5,814
Nov 202002,26338.772.71$6,125
Oct 202002,27136.972.48$5,629
Sep 202001,95737.091.99$3,896
Aug 202002,40339.982.39$5,731
Jul 202002,42138.371.83$4,419
Jun 202002,61534.901.69$4,420
May 202001,95216.921.81$3,542
Apr 202002,33514.751.80$4,213
Mar 202002,81230.341.86$5,220
Feb 202002,77249.881.98$5,490
Jan 202003,16657.252.09$6,632
Dec 201903,57559.012.30$8,238
Nov 201904,05455.302.75$11,151
Oct 201905,40053.472.42$13,060
Sep 201907,88155.052.66$20,942
Aug 201901,10253.112.30$2,539
Jul 201901056.272.46$25
Jun 20190952.782.49$22
May 20190858.482.74$22
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180646.594.19$25
Nov 201803752.934.24$157
Oct 201809161.443.40$309
Sep 2018021759.543.11$674
Aug 2018543259.403.07$1,622
Jul 2018036865.142.93$1,079
Jun 201801,25960.183.08$3,874
May 2018087065.382.90$2,524
Apr 2018044163.842.90$1,279
Mar 2018053661.222.79$1,494
Feb 201802,10661.782.77$5,825
Jan 201802,07662.874.01$8,323
Dec 201702,00157.272.92$5,846
Nov 201702,34455.423.12$7,309
Oct 201702,53949.292.98$7,576
Sep 201702,49647.523.09$7,706
Aug 201702,29145.373.00$6,883
Jul 201702,60143.873.09$8,030
Jun 201702,74542.493.09$8,475
May 201702,70445.373.26$8,824
Apr 201702,53247.933.21$8,132
Mar 201702,91746.772.98$8,703
Feb 201702,66150.452.95$7,857
Jan 201703,02849.413.42$10,352
Dec 201603,21548.763.72$11,969
Nov 201603,29542.492.64$8,713
Oct 201602,81246.193.09$8,690
Sep 201603,68641.553.10$11,429
Aug 201604,25641.442.92$12,446
Jul 201605,43641.622.92$15,897
Jun 201603,27345.352.69$8,791
May 2016011042.521.99$219
Apr 2016027236.561.99$542
Mar 201601,80933.011.79$3,245
Feb 201601,98226.472.06$4,090
Jan 201601,63827.352.36$3,873
Dec 201502,03932.362.00$4,081
Nov 20150438.792.17$9
Oct 20150343.552.43$7
Sep 2015082042.992.76$2,262
Aug 201501,85440.162.87$5,326
Jul 201501,84348.152.95$5,428
Jun 201501,79656.152.88$5,178
May 201501,89655.212.96$5,604
Apr 201501,88449.822.71$5,099
Mar 201501,93142.892.93$5,667
Feb 201501,96244.662.98$5,839
Jan 201502,12043.433.10$6,573
Dec 201402,16854.693.59$7,786
Nov 201402,27370.464.25$9,664
Oct 201402,17878.303.90$8,496
Sep 201401,94786.164.05$7,876
Aug 201402,55789.394.04$10,318
Jul 201402,48296.564.18$10,374
Jun 201402,41598.164.74$11,440
May 201402,52594.734.73$11,935
Apr 201402,47495.944.81$11,898
Mar 201402,55095.895.06$12,895
Feb 201402,30097.406.19$14,242
Jan 201402,60290.404.86$12,648
Dec 201302,59891.824.35$11,313
Nov 201302,65988.853.74$9,940
Oct 201302,73397.423.78$10,329
Sep 201302,660104.113.72$9,889
Aug 201302,837104.253.52$9,994
Jul 201302,546102.523.72$9,465
Jun 201302,72894.403.93$10,730
May 201302,83094.834.15$11,742
Apr 201302,67693.964.28$11,460
Mar 201302,75893.623.91$10,792
Feb 201302,51091.233.42$8,584
Jan 201302,83691.603.42$9,699
Dec 201202,86686.773.42$9,802
Nov 201202,73886.953.62$9,925
Oct 201202,82189.383.40$9,591
Sep 201202,80794.672.92$8,192
Aug 201202,93592.662.91$8,535
Jul 201202,98285.133.02$9,008
Jun 201202,93579.822.52$7,393
May 201202,96291.612.49$7,370
Apr 201202,616101.652.00$5,224
Mar 201202,988105.052.22$6,640
Feb 201202,808101.102.57$7,217
Jan 201203,01498.092.73$8,241
Dec 201102,96996.873.24$9,619
Nov 201102,75495.723.31$9,119
Oct 201102,89984.983.65$10,577
Sep 201102,86483.623.99$11,415
Aug 201103,00783.404.15$12,477
Jul 201103,14994.144.52$14,225
Jun 201103,24692.904.64$15,061
May 201102,78298.134.40$12,254
Apr 201103,433105.964.33$14,876
Mar 201101,44496.364.06$5,859
Feb 201102,22285.644.18$9,288
Jan 201103,99386.504.59$18,323
Dec 201002,75585.734.35$11,978
Nov 201003,30680.843.80$12,547
Oct 201003,37378.103.51$11,835
Sep 201003,16272.633.98$12,583
Aug 201003,12773.684.42$13,819
Jul 201003,31272.554.74$15,687
Jun 201003,24470.364.91$15,929
May 201003,32671.124.24$14,086
Apr 201003,25381.694.12$13,411
Mar 201003,43778.394.39$15,084
Feb 201003,20473.585.44$17,437
Jan 201003,88274.365.96$23,153
Dec 200903,73971.445.48$20,504
Nov 200903,82974.593.75$14,364
Oct 200903,83472.544.11$15,759
Sep 200904,01565.543.06$12,305
Aug 200904,35967.423.22$14,029
Jul 2009324,70361.133.46$18,250
Jun 200903,08566.163.90$12,016
May 200903,73854.743.93$14,674
Apr 200903,33346.773.59$11,957
Mar 200903,30642.144.06$13,419
Feb 200902,41232.814.63$11,175
Jan 200903,41035.865.37$18,315
Dec 200803,28937.105.98$19,659
Nov 200803,25555.496.86$22,330
Oct 200803,57375.246.92$24,732
Sep 200802,256101.767.88$17,771
Aug 200803,165114.228.48$26,849
Jul 200803,230131.0811.39$36,788
Jun 200802,994131.3313.03$39,020
May 200803,299123.1711.57$38,184
Apr 200803,256110.3110.45$34,041
Mar 200803,480101.909.66$33,631
Feb 200803,56892.538.77$31,293
Jan 200804,17990.388.21$34,292
Dec 200703,08988.337.30$22,556
Nov 200703,90691.677.29$28,481
Oct 200703,92082.856.92$27,134
Sep 200703,91475.846.24$24,440
Aug 200703,93569.066.39$25,137
Jul 200704,39170.906.39$28,049
Jun 200704,89162.007.55$36,919
May 200704,30158.747.85$33,747
Apr 200703,96359.617.81$30,932
Mar 200704,45456.927.30$32,523
Feb 200703,98355.108.22$32,724
Jan 200705,25650.306.73$35,356
Dec 200603,68456.656.92$25,488
Nov 200603,31554.207.62$25,252
Oct 200605,40354.906.01$32,493
Sep 200604,94060.085.04$24,884
Aug 200604,34168.717.34$31,863
Jul 200604,23769.376.34$26,874
Jun 200605,09366.286.38$32,513
May 200603,52066.016.42$22,616
Apr 200605,32464.397.36$39,187
Mar 200602,99956.707.08$21,242
Feb 200602,41957.597.75$18,750
Jan 200602,13160.598.93$19,037
Dec 200501,70254.9413.42$22,833
Nov 200503,21454.6910.59$34,031
Oct 200501,48958.3413.80$20,542
Sep 200503,46061.4512.08$41,793
Aug 200503,93561.519.80$38,551
Jul 200504,62255.697.84$36,253
Jun 200504,38952.337.38$32,395
May 200504,18845.226.65$27,855
Apr 200504,35549.207.36$32,055
Mar 200505,41250.377.15$38,722
Feb 200506,05745.226.31$38,231
Jan 200503,40443.166.32$21,521
Dec 200405,06539.866.75$34,194
Nov 200404,37345.286.33$27,683
Oct 200406,24349.706.52$40,674
Sep 200405,14143.245.28$27,165
Aug 200404,35542.375.55$24,173
Jul 200405,62038.286.08$34,193
Jun 200406,06636.106.43$39,023
May 200406,83937.486.49$44,416
Apr 200407,37134.475.86$43,183
Mar 200406,63634.365.53$36,698
Feb 200406,68432.455.51$36,826
Jan 200404,91032.036.30$30,931
Dec 200304,91730.266.30$30,985
Nov 200306,47728.804.60$29,763
Oct 200306,62128.174.76$31,514
Sep 200305,66426.314.75$26,900
Aug 200303,63229.765.13$18,631
Jul 200303,05829.415.17$15,812
Jun 200304,83928.565.98$28,952
May 200301,37826.595.97$8,230
Apr 2003057526.675.41$3,109
Mar 200305,15431.146.10$31,419
Feb 200304,04933.487.93$32,092
Jan 200305,93130.315.58$33,107
Dec 200205,95926.914.85$28,924
Nov 200206,26924.664.14$25,935
Oct 200205,39626.464.23$22,820
Sep 200204,91927.443.64$17,882
Aug 200205,25525.963.16$16,628
Jul 200204,14924.583.06$12,703
Jun 200203,71323.733.34$12,395
May 200203,52224.663.58$12,623
Apr 200202,56623.653.51$9,013
Mar 200201,09222.003.10$3,388
Feb 200202018.222.38$48
Jan 20020017.172.38$0
Dec 200106,83816.932.36$16,168
Nov 200109,70518.072.41$23,346
Oct 200109,92319.782.53$25,094
Sep 200107,83524.262.25$17,639
Aug 2001011,60324.873.05$35,426
Jul 2001011,39323.933.20$36,424
Jun 2001012,28924.563.82$46,995
May 2001010,58425.524.31$45,589
Apr 2001011,84924.685.34$63,218
Mar 200109,28024.545.38$49,893
Feb 2001012,44527.755.77$71,771
Jan 2001011,78527.478.40$98,979
Dec 2000012,56726.889.12$114,642
Nov 2000011,67932.215.66$66,080
Oct 2000014,65131.235.15$75,387
Sep 2000011,12531.875.19$57,700
Aug 2000014,23429.644.54$64,633
Jul 200004,55228.534.09$18,617
Jun 2000012,20929.304.40$53,686
May 2000015,41127.263.68$56,709
Apr 2000013,64724.513.12$42,524
Mar 2000014,24728.422.86$40,743
Feb 2000014,45627.622.73$39,414
Jan 2000016,83425.272.48$41,757
Dec 1999017,07324.282.42$41,380
Nov 1999013,58423.192.43$33,063
Oct 1999015,83320.982.80$44,391
Sep 1999016,19721.752.62$42,418
Aug 1999014,74319.262.88$42,395
Jul 1999018,60217.892.37$44,131
Jun 1999018,99515.942.36$44,868
May 19999418,36415.792.32$44,107
Apr 19996019,65515.102.21$44,305
Mar 1999023,25312.471.84$42,747
Feb 199906,3829.981.82$11,601
Jan 1999022,18010.381.90$42,141
Dec 1998013,9289.201.77$24,699
Nov 19988914,14610.892.19$31,888
Oct 1998014,31912.421.97$28,197
Sep 1998017,43312.592.08$36,306
Aug 1998022,64311.301.91$43,188
Jul 1998022,74611.742.24$50,889
Jun 1998026,64011.242.24$59,601
May 1998021,82512.622.21$48,153
Apr 1998023,13913.042.51$57,971
Mar 1998028,99012.802.31$66,951
Feb 1998019,68413.952.30$45,256
Jan 1998028,60514.702.15$61,638
Dec 1997031,02116.322.41$74,795
Nov 1997027,93618.193.09$86,274
Oct 1997034,52419.253.15$108,744
Sep 1997032,99217.742.95$97,487
Aug 1997034,52117.862.55$88,192
Jul 1997038,74617.582.25$87,060
Jun 1997239,34017.242.26$88,833
May 1997444,42718.972.31$102,636
Apr 19976646,13017.882.08$97,259
Mar 1997650,81418.951.94$98,649
Feb 1997052,22920.492.21$115,212
Jan 19971365,87723.483.54$233,490
Dec 19966754,21423.32$1,562
Nov 19960021.97$0
Oct 19960023.31$0
Sep 199612,33722.22$22
Aug 1996033,32320.26$0
Jul 19965033,41619.55$978
Jun 1996044,23318.73$0
May 1996463,04919.43$78
Apr 1996072,63421.51$0
Mar 1996085,69719.38$0
Feb 1996375,46316.98$51
Jan 199614680,30017.07$2,492
Dec 1995495,44817.19$69
Nov 19953104,34616.00$48
Oct 19950112,32015.43$0
Sep 19953112,78016.18$49
Aug 19950135,81215.92$0
Jul 1995183151,12915.24$2,789
Jun 19952190,73416.41$33
May 19954242,73517.56$70
Apr 19956277,94617.73$106
Mar 1995190335,32916.44$3,124
Feb 1995198386,61316.58$3,283
Jan 1995200511,47215.92$3,184
Dec 199416506,89015.03$240

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                  980 Mcf  × $  3.05 =     $2,985

────────────────────────────────────────────────────
Month total                                   $2,985

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/152505 is the state's own key, not one this site invented.