MICKAN

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 153380District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Jan 1995 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
377
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 Gas111995-04-06131781
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
CondensateDisposition13,125 bbl$266,627
GasProduction2,245,335 Mcf$6,202,732
Total$6,469,359

350,635 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 30.5217, -96.0176. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.52174, -96.01760 · 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
16,541 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 16,541 ft.

Completions filed
Jul 1998
1 of 1 wells

1 well

42-185304821H16,541 ftJul 1998

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 (377)

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

377 months

May 2026024106.413.05$73
Apr 20260098.932.87$0
Mar 202601989.753.15$60
Feb 202631,39463.503.75$5,418
Jan 202601459.138.00$112
Dec 202501256.664.41$53
Nov 202501,01758.593.93$3,993
Oct 202508259.383.30$271
Sep 20250062.743.08$0
Aug 202521,89563.933.01$5,841
Jul 2025076666.743.32$2,539
Jun 20250066.483.13$0
May 202572,79560.553.23$9,458
Apr 2025025162.363.54$889
Mar 202563,75267.704.27$16,421
Feb 202502370.884.34$100
Jan 2025040374.324.28$1,724
Dec 2024017368.993.12$540
Nov 202402569.052.20$55
Oct 202401,58771.372.28$3,621
Sep 202409569.612.36$225
Aug 2024010275.632.06$210
Jul 2024111779.932.15$331
Jun 202402678.082.63$68
May 2024191278.812.20$2,084
Apr 202403,65184.451.66$6,058
Mar 202402380.301.55$36
Feb 202411,53476.091.78$2,812
Jan 202401473.023.30$46
Dec 202301271.262.61$31
Nov 2023099277.892.81$2,785
Oct 20230985.443.09$28
Sep 202301,10089.042.74$3,009
Aug 202301,33780.522.67$3,574
Jul 2023093474.852.64$2,467
Jun 202301368.962.26$29
May 202343,63770.622.23$8,384
Apr 202301078.122.24$22
Mar 202322,84272.852.39$6,947
Feb 20230775.112.47$17
Jan 202301,82376.533.39$6,176
Dec 202201376.415.73$74
Nov 20220785.005.65$40
Oct 202212,51987.185.86$14,858
Sep 2022010984.888.16$890
Aug 202201594.529.13$137
Jul 202201,073101.587.54$8,093
Jun 202200115.097.98$0
May 202201,046109.378.43$8,821
Apr 202201,434104.226.84$9,805
Mar 202201,555108.885.08$7,894
Feb 20220091.054.86$0
Jan 202211,61081.844.54$7,388
Dec 2021012571.323.90$487
Nov 202101,29477.435.24$6,776
Oct 202102,88679.795.71$16,490
Sep 20210569.865.35$27
Aug 20210066.024.22$0
Jul 202102,22670.783.98$8,864
Jun 20210069.493.38$0
May 202101,33563.483.02$4,029
Apr 20210060.362.76$0
Mar 202103,83461.302.72$10,417
Feb 20210057.805.55$0
Jan 2021049250.412.81$1,383
Dec 202004944.642.68$131
Nov 202001,36938.772.71$3,705
Oct 202003,44836.972.48$8,546
Sep 2020028937.091.99$575
Aug 202001,69739.982.39$4,048
Jul 202002,18138.371.83$3,981
Jun 202002,03634.901.69$3,441
May 202001,43116.921.81$2,597
Apr 202012,51714.751.80$4,556
Mar 2020087630.341.86$1,626
Feb 202002,21449.881.98$4,385
Jan 20205057.252.09$286
Dec 2019010859.012.30$249
Nov 20195055.302.75$277
Oct 20190053.472.42$0
Sep 20195055.052.66$275
Aug 20190053.112.30$0
Jul 2019547656.272.46$1,452
Jun 2019046152.782.49$1,148
May 2019047658.482.74$1,304
Apr 2019046162.632.75$1,268
Mar 201901,57156.803.06$4,811
Feb 2019043050.852.79$1,201
Jan 201902,67546.033.23$8,635
Dec 2018147646.594.19$2,039
Nov 201802,88052.934.24$12,203
Oct 2018075161.443.40$2,552
Sep 2018046159.543.11$1,433
Aug 2018047659.403.07$1,460
Jul 201802,19165.142.93$6,424
Jun 201801,52860.183.08$4,702
May 2018054365.382.90$1,575
Apr 201802,42363.842.90$7,029
Mar 201801,11861.222.79$3,116
Feb 201821,54161.782.77$4,386
Jan 201801,76462.874.01$7,072
Dec 20171062,19457.272.92$12,480
Nov 201701,81155.423.12$5,647
Oct 201702,40449.292.98$7,173
Sep 201702,23147.523.09$6,888
Aug 2017047645.373.00$1,430
Jul 201702,08043.873.09$6,422
Jun 201701,82242.493.09$5,625
May 201701,37945.373.26$4,500
Apr 2017046147.933.21$1,481
Mar 201704,40046.772.98$13,128
Feb 2017012,09250.452.95$35,703
Jan 201701,28349.413.42$4,386
Dec 201602,33448.763.72$8,689
Nov 2016084642.492.64$2,237
Oct 201601,42246.193.09$4,394
Sep 201604,00441.553.10$12,415
Aug 201601141.442.92$32
Jul 20160041.622.92$0
Jun 201601,82845.352.69$4,910
May 2016028142.521.99$559
Apr 201601,09036.561.99$2,170
Mar 201601,57533.011.79$2,826
Feb 201602,15126.472.06$4,439
Jan 2016066427.352.36$1,570
Dec 2015098632.362.00$1,973
Nov 201501,30938.792.17$2,837
Oct 2015071543.552.43$1,735
Sep 201501,67242.992.76$4,612
Aug 201508040.162.87$230
Jul 201501,64048.152.95$4,830
Jun 201502,30156.152.88$6,633
May 2015058355.212.96$1,723
Apr 2015029249.822.71$790
Mar 20150042.892.93$0
Feb 2015032844.662.98$976
Jan 201501,54843.433.10$4,800
Dec 2014094454.693.59$3,390
Nov 2014063470.464.25$2,696
Oct 201401,43778.303.90$5,606
Sep 201401,88586.164.05$7,626
Aug 201401,14989.394.04$4,636
Jul 2014186196.564.18$17,964
Jun 201402,64298.164.74$12,515
May 201401294.734.73$57
Apr 201401,73695.944.81$8,349
Mar 2014011195.895.06$561
Feb 201401,13397.406.19$7,016
Jan 201403,37090.404.86$16,381
Dec 201301,77391.824.35$7,720
Nov 201303388.853.74$123
Oct 2013091697.423.78$3,462
Sep 201305,789104.113.72$21,522
Aug 2013018104.253.52$63
Jul 2013018102.523.72$67
Jun 201304694.403.93$181
May 201305,60894.834.15$23,268
Apr 2013015593.964.28$664
Mar 2013018993.623.91$740
Feb 2013023391.233.42$797
Jan 2013024391.603.42$831
Dec 2012028486.773.42$971
Nov 2012033386.953.62$1,207
Oct 2012040489.383.40$1,373
Sep 2012045094.672.92$1,313
Aug 2012049492.662.91$1,437
Jul 2012055185.133.02$1,664
Jun 2012046279.822.52$1,164
May 2012029691.612.49$737
Apr 201201,734101.652.00$3,462
Mar 201201,737105.052.22$3,860
Feb 201201,712101.102.57$4,400
Jan 201202,82998.092.73$7,735
Dec 2011082396.873.24$2,666
Nov 201101,74395.723.31$5,772
Oct 201101,58584.983.65$5,783
Sep 201101,68983.623.99$6,732
Aug 201102,15483.404.15$8,938
Jul 201102,61394.144.52$11,804
Jun 201101,85992.904.64$8,626
May 201102,42398.134.40$10,673
Apr 201101,892105.964.33$8,199
Mar 201102,59696.364.06$10,533
Feb 201101,87785.644.18$7,846
Jan 201102,28786.504.59$10,495
Dec 201002,40485.734.35$10,452
Nov 201002,31980.843.80$8,801
Oct 201003,07978.103.51$10,804
Sep 2010063672.633.98$2,531
Aug 201001,78073.684.42$7,866
Jul 201002,61372.554.74$12,376
Jun 201002,49470.364.91$12,247
May 201002,55571.124.24$10,821
Apr 201002,41481.694.12$9,952
Mar 201002,67578.394.39$11,740
Feb 201002,53373.585.44$13,786
Jan 201002,55574.365.96$15,238
Dec 200902,74071.445.48$15,025
Nov 200902,73874.593.75$10,272
Oct 200902,63572.544.11$10,831
Sep 200902,83765.543.06$8,695
Aug 200902,88967.423.22$9,298
Jul 200922,48061.133.46$8,714
Jun 200902,67966.163.90$10,435
May 20091733,21254.743.93$22,080
Apr 200903,35946.773.59$12,050
Mar 200994,16542.144.06$17,285
Feb 200921,03432.814.63$4,856
Jan 200921,88635.865.37$10,201
Dec 200823,82937.105.98$22,961
Nov 200801,34955.496.86$9,255
Oct 200842,76375.246.92$19,426
Sep 200802,176101.767.88$17,141
Aug 200832,467114.228.48$21,270
Jul 20080844131.0811.39$9,613
Jun 200812,621131.3313.03$34,290
May 200852,666123.1711.57$31,473
Apr 200802,708110.3110.45$28,312
Mar 200812,674101.909.66$25,944
Feb 200843,02992.538.77$26,936
Jan 200823,12490.388.21$25,815
Dec 200723,06588.337.30$22,557
Nov 200712,80791.677.29$20,559
Oct 200723,88982.856.92$27,085
Sep 200711,34875.846.24$8,493
Aug 200713,66469.066.39$23,474
Jul 2007022470.906.39$1,431
Jun 200713,31662.007.55$25,093
May 2007027058.747.85$2,119
Apr 200702,35759.617.81$18,397
Mar 200702,35656.927.30$17,203
Feb 200711,55955.108.22$12,864
Jan 200712,27850.306.73$15,374
Dec 200623,15456.656.92$21,934
Nov 200612,76554.207.62$21,117
Oct 200603,14254.906.01$18,895
Sep 200612,60060.085.04$13,157
Aug 200603,18068.717.34$23,341
Jul 200613,02469.376.34$19,250
Jun 200622,79266.286.38$17,956
May 200612,90566.016.42$18,731
Apr 2006933,59664.397.36$32,457
Mar 200693,27656.707.08$23,714
Feb 200673,20957.597.75$25,276
Jan 200603,25060.598.93$29,033
Dec 200544,11554.9413.42$55,424
Nov 200521,89054.6910.59$20,121
Oct 2005914,15758.3413.80$62,658
Sep 200502,82161.4512.08$34,075
Aug 200502,31561.519.80$22,680
Jul 200502,92355.697.84$22,927
Jun 200503,36552.337.38$24,837
May 200533,45945.226.65$23,142
Apr 200524,18349.207.36$30,887
Mar 200534,12850.377.15$29,686
Feb 200522,40145.226.31$15,245
Jan 200512,41543.166.32$15,311
Dec 200404,31739.866.75$29,144
Nov 200424,08245.286.33$25,931
Oct 20041965,84149.706.52$47,796
Sep 200412,58943.245.28$13,723
Aug 200404,83042.375.55$26,810
Jul 200444,77238.286.08$29,187
Jun 200403,28536.106.43$21,132
May 200403,86137.486.49$25,076
Apr 200405,25334.475.86$30,774
Mar 200404,17834.365.53$23,105
Feb 200404,28932.455.51$23,631
Jan 200403,82832.036.30$24,115
Dec 200304,43130.266.30$27,923
Nov 200306,71528.804.60$30,857
Oct 200306,89128.174.76$32,799
Sep 200319647126.314.75$7,394
Aug 200305,16829.765.13$26,510
Jul 200305,30629.415.17$27,436
Jun 200305,08828.565.98$30,441
May 200305,36726.595.97$32,055
Apr 200305,43226.675.41$29,372
Mar 200305,23331.146.10$31,901
Feb 200305,42033.487.93$42,958
Jan 200305,40930.315.58$30,193
Dec 200205,68426.914.85$27,589
Nov 200205,90324.664.14$24,420
Oct 200205,86526.464.23$24,804
Sep 20021815,96227.443.64$26,640
Aug 200206,92025.963.16$21,896
Jul 200206,68624.583.06$20,471
Jun 200206,03623.733.34$20,150
May 200206,97024.663.58$24,980
Apr 200206,57823.653.51$23,104
Mar 200207,19122.003.10$22,312
Feb 20021756,73018.222.38$19,177
Jan 200207,29017.172.38$17,319
Dec 200108,50916.932.36$20,119
Nov 200106,75918.072.41$16,259
Oct 200107,75319.782.53$19,606
Sep 20011819,41824.262.25$25,594
Aug 200105,91724.873.05$18,066
Jul 200107,01023.933.20$22,412
Jun 200106,65024.563.82$25,431
May 20011827,59625.524.31$37,363
Apr 200107,37124.685.34$39,327
Mar 200107,04824.545.38$37,893
Feb 20011828,23827.755.77$52,560
Jan 200108,55427.478.40$71,843
Dec 200008,02426.889.12$73,199
Nov 20001878,48632.215.66$54,037
Oct 200008,91631.235.15$45,877
Sep 200009,99631.875.19$51,844
Aug 200018311,14929.644.54$56,049
Jul 2000011,59328.534.09$47,412
Jun 2000010,59729.304.40$46,598
May 200017912,22727.263.68$49,872
Apr 2000013,62324.513.12$42,449
Mar 200018015,70328.422.86$50,022
Feb 2000013,99927.622.73$38,168
Jan 200017516,80325.272.48$46,102
Dec 199918417,47424.282.42$46,820
Nov 1999018,39223.192.43$44,766
Oct 199918219,57920.982.80$58,712
Sep 199917424,76321.752.62$68,635
Aug 199917628,67019.262.88$85,833
Jul 199917731,79017.892.37$78,584
Jun 199917636,33615.942.36$88,635
May 199917722,39515.792.32$54,774
Apr 199918424,23015.102.21$56,279
Mar 199918830,08812.471.84$57,656
Feb 199920329,7789.981.82$56,156
Jan 199936045,29110.381.90$89,787
Dec 199836051,0589.201.77$93,854
Nov 199818164,59010.892.19$143,147
Oct 199853687,65912.421.97$179,276
Sep 1998539118,05812.592.08$252,656
Aug 19981,060166,21611.301.91$329,010
Jul 19981,232228,60111.742.24$525,906
Jun 19980011.242.24$0
May 199816228912.622.21$2,682
Apr 1998058313.042.51$1,461
Mar 1998073412.802.31$1,695
Feb 1998030813.952.30$708
Jan 1998088314.702.15$1,903
Dec 199701,03616.322.41$2,498
Nov 199701,44018.193.09$4,447
Oct 1997085319.253.15$2,687
Sep 1997011717.742.95$346
Aug 19971586317.862.55$2,473
Jul 1997050217.582.25$1,128
Jun 19978286717.242.26$3,371
May 1997197918.972.31$2,279
Apr 1997811,17217.882.08$3,889
Mar 199712,04818.951.94$3,990
Feb 19970020.492.21$0
Jan 1997097723.483.54$3,458
Dec 199621,14723.32$47
Nov 199601,15721.97$0
Oct 19961691,18723.31$3,939
Sep 199611,39222.22$22
Aug 199601,49820.26$0
Jul 199602,13519.55$0
Jun 199601,63118.73$0
May 199612,04919.43$19
Apr 199602,43921.51$0
Mar 19963422,26819.38$6,628
Feb 199612,48816.98$17
Jan 199604,52917.07$0
Dec 19951794,74617.19$3,077
Nov 199538,02616.00$48
Oct 199518612,56715.43$2,870
Sep 1995212,65816.18$340
Aug 19951818,71815.92$2,882
Jul 199517718,99315.24$2,697
Jun 199518224,32116.41$2,987
May 199536734,95117.56$6,445
Apr 199573754,40917.73$13,067
Mar 19951,111105,60516.44$18,265
Feb 19952251,72116.58$365
Jan 199518015.92$287

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                   24 Mcf  × $  3.05 =        $73

────────────────────────────────────────────────────
Month total                                      $73

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/153380 is the state's own key, not one this site invented.