WESTLANDS

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 153402District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Jan 1995 – May 2026
Value, last 12 filed months
$39 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 Gas221995-04-24 – 2013-04-082 dockets
NGPA2none

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
CondensateDisposition21,981 bbl$743,403
GasProduction2,405,259 Mcf$4,596,937
Total$5,340,340

1,204,561 Mcf of this lease's gas, across 22 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 30.3762, -96.2756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.37623, -96.27560 · 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
12,163 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 12,163 ft.

Completions filed
Oct 2009
1 of 1 wells

1 well

42-041318401RE12,163 ftOct 2009

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 20260709106.413.05$2,160
Apr 2026070898.932.87$2,032
Mar 2026093689.753.15$2,948
Feb 20260063.503.75$0
Jan 2026074159.138.00$5,926
Dec 2025296656.664.41$4,377
Nov 2025053158.593.93$2,085
Oct 2025168059.383.30$2,307
Sep 20258392362.743.08$8,047
Aug 202501,19563.933.01$3,603
Jul 202501,50566.743.32$4,989
Jun 2025023066.483.13$720
May 2025073360.553.23$2,369
Apr 202501,05762.363.54$3,745
Mar 202521,61467.704.27$7,024
Feb 202501,30170.884.34$5,647
Jan 202504174.324.28$175
Dec 2024044268.993.12$1,380
Nov 202401,46769.052.20$3,225
Oct 2024052871.372.28$1,205
Sep 2024088169.612.36$2,083
Aug 202401,08175.632.06$2,231
Jul 202401,12979.932.15$2,424
Jun 2024076778.082.63$2,020
May 202401,26378.812.20$2,777
Apr 2024099584.451.66$1,651
Mar 2024096180.301.55$1,485
Feb 2024093076.091.78$1,659
Jan 202401,18673.023.30$3,911
Dec 202318593371.262.61$15,619
Nov 202301,06877.892.81$2,998
Oct 2023078585.443.09$2,424
Sep 2023052989.042.74$1,447
Aug 202301,02280.522.67$2,732
Jul 202311,10174.852.64$2,983
Jun 2023084868.962.26$1,915
May 202321,21570.622.23$2,848
Apr 2023077878.122.24$1,741
Mar 202311,13572.852.39$2,789
Feb 2023074375.112.47$1,832
Jan 2023078276.533.39$2,649
Dec 2022074476.415.73$4,262
Nov 2022087385.005.65$4,929
Oct 2022192587.185.86$5,511
Sep 202201,00184.888.16$8,172
Aug 202201,18994.529.13$10,852
Jul 20220726101.587.54$5,476
Jun 202201,004115.097.98$8,009
May 202201,198109.378.43$10,103
Apr 20220705104.226.84$4,821
Mar 20221891,214108.885.08$26,741
Feb 202201,16391.054.86$5,651
Jan 202211,15681.844.54$5,327
Dec 2021177571.323.90$3,093
Nov 2021079277.435.24$4,148
Oct 2021198779.795.71$5,719
Sep 202101,05269.865.35$5,629
Aug 202101,49266.024.22$6,297
Jul 2021084370.783.98$3,357
Jun 2021066769.493.38$2,255
May 202101,18263.483.02$3,567
Apr 202101,39860.362.76$3,856
Mar 202101,49161.302.72$4,051
Feb 2021092157.805.55$5,110
Jan 202101,39050.412.81$3,906
Dec 202001,24344.642.68$3,326
Nov 202001,54038.772.71$4,168
Oct 202001,20236.972.48$2,979
Sep 202001,45737.091.99$2,901
Aug 202001,53339.982.39$3,656
Jul 202001,05038.371.83$1,916
Jun 202001,29334.901.69$2,186
May 202001,23716.921.81$2,245
Apr 20201871,22114.751.80$4,961
Mar 202002,05130.341.86$3,807
Feb 202001,41149.881.98$2,795
Jan 202001,03657.252.09$2,170
Dec 201901,62359.012.30$3,740
Nov 201901,40255.302.75$3,856
Oct 201901,11853.472.42$2,704
Sep 201901,03055.052.66$2,737
Aug 201901,59253.112.30$3,669
Jul 2019054656.272.46$1,343
Jun 2019076452.782.49$1,903
May 201901,09458.482.74$2,998
Apr 201901,29462.632.75$3,559
Mar 201901,33756.803.06$4,094
Feb 201901,07550.852.79$3,002
Jan 2019092246.033.23$2,976
Dec 201801,09346.594.19$4,575
Nov 20181911,79552.934.24$17,715
Oct 201801,64661.443.40$5,593
Sep 201801,70559.543.11$5,299
Aug 201801,62959.403.07$4,995
Jul 201801,86865.142.93$5,477
Jun 201801,36060.183.08$4,185
May 201801,65465.382.90$4,798
Apr 201801,25563.842.90$3,641
Mar 201801,50761.222.79$4,200
Feb 201801,31161.782.77$3,626
Jan 201801,64562.874.01$6,595
Dec 201701,17257.272.92$3,424
Nov 201701,68355.423.12$5,248
Oct 201701,52549.292.98$4,550
Sep 201701,47647.523.09$4,557
Aug 201701,74245.373.00$5,234
Jul 201701,41243.873.09$4,359
Jun 20171882,09442.493.09$14,453
May 201702,38445.373.26$7,780
Apr 201701,04447.933.21$3,353
Mar 201701346.772.98$39
Feb 201701850.452.95$53
Jan 201702149.413.42$72
Dec 201602048.763.72$74
Nov 201601342.492.64$34
Oct 201601446.193.09$43
Sep 201601341.553.10$40
Aug 2016179741.442.92$7,438
Jul 201602,19641.622.92$6,422
Jun 201601,58945.352.69$4,268
May 201601,95142.521.99$3,885
Apr 201601,71836.561.99$3,421
Mar 201601,54933.011.79$2,779
Feb 201601,88626.472.06$3,892
Jan 201602,83627.352.36$6,705
Dec 201501,11532.362.00$2,232
Nov 201502,07638.792.17$4,499
Oct 201502,67243.552.43$6,484
Sep 201502,94542.992.76$8,124
Aug 201502,95240.162.87$8,480
Jul 201505,38448.152.95$15,856
Jun 20151862,38356.152.88$17,314
May 201501,66155.212.96$4,909
Apr 201502,98049.822.71$8,066
Mar 201503,08942.892.93$9,065
Feb 201501,83044.662.98$5,446
Jan 201501,02943.433.10$3,191
Dec 201402,35254.693.59$8,447
Nov 20141952,03070.464.25$22,371
Oct 201403,18378.303.90$12,417
Sep 201403,14286.164.05$12,711
Aug 201402,16489.394.04$8,732
Jul 201403,16496.564.18$13,224
Jun 201403,77198.164.74$17,863
May 201402,99994.734.73$14,175
Apr 201401,65295.944.81$7,945
Mar 201402,47995.895.06$12,536
Feb 201402,06497.406.19$12,780
Jan 201403,06790.404.86$14,908
Dec 201303,80891.824.35$16,582
Nov 20131857,30488.853.74$43,742
Oct 201304,32597.423.78$16,346
Sep 201305,963104.113.72$22,169
Aug 201302,028104.253.52$7,144
Jul 201302,557102.523.72$9,506
Jun 201301,94494.403.93$7,647
May 201302,08494.834.15$8,647
Apr 201302,66793.964.28$11,422
Mar 20131953,15993.623.91$30,617
Feb 201302,87791.233.42$9,839
Jan 201303,24191.603.42$11,084
Dec 201203,56686.773.42$12,196
Nov 201203,94386.953.62$14,293
Oct 201204,08389.383.40$13,881
Sep 201204,57894.672.92$13,360
Aug 201202,74192.662.91$7,971
Jul 201204,41585.133.02$13,337
Jun 201204,34079.822.52$10,933
May 201204,39191.612.49$10,926
Apr 201205,316101.652.00$10,615
Mar 20121875,336105.052.22$31,501
Feb 201201,879101.102.57$4,829
Jan 201204,60198.092.73$12,580
Dec 201104,32896.873.24$14,022
Nov 201105,18295.723.31$17,159
Oct 201106,52084.983.65$23,788
Sep 20111825,65483.623.99$37,755
Aug 201104,71883.404.15$19,576
Jul 201104,98294.144.52$22,505
Jun 201105,25492.904.64$24,378
May 201105,61198.134.40$24,715
Apr 20111726,374105.964.33$45,845
Mar 201104,69496.364.06$19,045
Feb 201106,24085.644.18$26,083
Jan 20111826,78486.504.59$46,873
Dec 201008,39285.734.35$36,486
Nov 201006,81380.843.80$25,858
Oct 20101747,53978.103.51$40,043
Sep 201007,79272.633.98$31,008
Aug 201008,13173.684.42$35,934
Jul 201018010,07072.554.74$60,755
Jun 20101789,53270.364.91$59,330
May 2010013,48871.124.24$57,125
Apr 201019715,86081.694.12$81,479
Mar 201037016,81578.394.39$102,800
Feb 201035719,46373.585.44$132,193
Jan 201017129,03874.365.96$185,901
Dec 200954740,30471.445.48$260,095
Nov 200954460,30974.593.75$266,826
Oct 200933852,02772.544.11$238,363
Sep 20090065.543.06$0
Aug 20099333867.423.22$7,358
Jul 20091140661.133.46$2,079
Jun 200901,02666.163.90$3,996
May 2009093154.743.93$3,655
Apr 200901,14146.773.59$4,093
Mar 2009078442.144.06$3,182
Feb 2009084432.814.63$3,910
Jan 200901,15335.865.37$6,193
Dec 200801,03237.105.98$6,168
Nov 200801,20355.496.86$8,253
Oct 200801,05675.246.92$7,310
Sep 200801,013101.767.88$7,979
Aug 200801,122114.228.48$9,518
Jul 200801,102131.0811.39$12,551
Jun 200801,165131.3313.03$15,183
May 200801,021123.1711.57$11,817
Apr 200801,055110.3110.45$11,030
Mar 200801,403101.909.66$13,559
Feb 200801,46792.538.77$12,866
Jan 20081261,53490.388.21$23,975
Dec 200701,25588.337.30$9,164
Nov 200701,35991.677.29$9,909
Oct 200701,18982.856.92$8,230
Sep 200701,16975.846.24$7,299
Aug 200711,21369.066.39$7,818
Jul 200701,72770.906.39$11,032
Jun 200701,18262.007.55$8,922
May 200701,62658.747.85$12,758
Apr 200702,31659.617.81$18,077
Mar 200701,43456.927.30$10,471
Feb 200701,45255.108.22$11,930
Jan 200701,36350.306.73$9,169
Dec 200601,65256.656.92$11,429
Nov 200602,07954.207.62$15,837
Oct 200601,40054.906.01$8,419
Sep 200601,26960.085.04$6,392
Aug 200611,28568.717.34$9,501
Jul 200601,21969.376.34$7,732
Jun 200601,18166.286.38$7,539
May 200601,16766.016.42$7,498
Apr 200601,33364.397.36$9,812
Mar 2006701,44756.707.08$14,218
Feb 200601,70157.597.75$13,185
Jan 200601,61860.598.93$14,454
Dec 200501,54654.9413.42$20,740
Nov 200501,59954.6910.59$16,931
Oct 200501,19658.3413.80$16,500
Sep 200501,34061.4512.08$16,186
Aug 200501,21161.519.80$11,864
Jul 200501,04855.697.84$8,220
Jun 200501,13852.337.38$8,400
May 200501,94345.226.65$12,923
Apr 200518885349.207.36$15,528
Mar 200501,02650.377.15$7,341
Feb 2005081045.226.31$5,113
Jan 200512,71543.166.32$17,208
Dec 2004198039.866.75$6,656
Nov 2004067045.286.33$4,241
Oct 2004081549.706.52$5,310
Sep 2004083443.245.28$4,407
Aug 200401,00542.375.55$5,578
Jul 2004060838.286.08$3,699
Jun 200401,28636.106.43$8,273
May 200403,93937.486.49$25,582
Apr 200401,14934.475.86$6,731
Mar 200401,11534.365.53$6,166
Feb 2004080232.455.51$4,419
Jan 200401,03032.036.30$6,489
Dec 20031451,11230.266.30$11,395
Nov 200301,31828.804.60$6,056
Oct 200301,54628.174.76$7,358
Sep 200302,72526.314.75$12,942
Aug 200302,61329.765.13$13,404
Jul 200301,10829.415.17$5,729
Jun 200301,39528.565.98$8,346
May 200301,56726.595.97$9,359
Apr 200301,69426.675.41$9,160
Mar 200302,07831.146.10$12,668
Feb 200303,88033.487.93$30,752
Jan 20031821,65330.315.58$14,744
Dec 200201,77126.914.85$8,596
Nov 200201,85724.664.14$7,682
Oct 200202,12626.464.23$8,991
Sep 200202,00627.443.64$7,292
Aug 200201,92925.963.16$6,104
Jul 200202,93124.583.06$8,974
Jun 200203,34423.733.34$11,163
May 200201,69224.663.58$6,064
Apr 200201,36523.653.51$4,794
Mar 20021612,20822.003.10$10,393
Feb 2002067518.222.38$1,604
Jan 200202,42117.172.38$5,752
Dec 200102,00916.932.36$4,750
Nov 200101,08018.072.41$2,598
Oct 200102,02519.782.53$5,121
Sep 200101,13424.262.25$2,553
Aug 20011611,74524.873.05$9,332
Jul 200101,32523.933.20$4,236
Jun 200101,69924.563.82$6,497
May 200101,57325.524.31$6,775
Apr 200102,20824.685.34$11,780
Mar 200102,01724.545.38$10,844
Feb 20011682,15727.755.77$17,102
Jan 200103,92227.478.40$32,940
Dec 200001,55626.889.12$14,195
Nov 200002,33932.215.66$13,234
Oct 200002,02931.235.15$10,440
Sep 200002,06131.875.19$10,689
Aug 200001,67529.644.54$7,606
Jul 20001772,02028.534.09$13,311
Jun 200004,31329.304.40$18,965
May 200003,32927.263.68$12,250
Apr 200002,77524.513.12$8,647
Mar 200004,49228.422.86$12,846
Feb 20001724,53427.622.73$17,113
Jan 200003,49825.272.48$8,677
Dec 1999103,64524.282.42$9,077
Nov 199902,88023.192.43$7,010
Oct 199903,36420.982.80$9,432
Sep 19991563,30121.752.62$12,038
Aug 199903,58819.262.88$10,318
Jul 199903,76417.892.37$8,930
Jun 19991834,15115.942.36$12,722
May 199904,63515.792.32$10,758
Apr 19991754,33915.102.21$12,223
Mar 199902,97112.471.84$5,462
Feb 199905,3919.981.82$9,800
Jan 19991896,12710.381.90$13,603
Dec 199803,0469.201.77$5,402
Nov 199802,66710.892.19$5,829
Oct 19981944,53412.421.97$11,338
Sep 199804,51412.592.08$9,401
Aug 199815,45211.301.91$10,410
Jul 19981476,07411.742.24$15,315
Jun 199816,73711.242.24$15,084
May 19981916,87012.622.21$17,568
Apr 199806,16713.042.51$15,450
Mar 19981986,82912.802.31$18,306
Feb 199806,20413.952.30$14,264
Jan 199806,26614.702.15$13,502
Dec 19971987,62616.322.41$21,618
Nov 199705,56318.193.09$17,180
Oct 19971969,91119.253.15$34,991
Sep 199719111,38817.742.95$37,039
Aug 199719310,91317.862.55$31,327
Jul 1997211,77817.582.25$26,500
Jun 199737212,36217.242.26$34,317
May 1997015,48218.972.31$35,740
Apr 1997218,75717.882.08$39,102
Mar 199734821,70218.951.94$48,678
Feb 199737147,76820.492.21$112,973
Jan 199752159,82823.483.54$224,006
Dec 199699588,38523.32$23,203
Nov 199618652,24821.97$4,086
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19961063,80620.26$2,148
Jul 19961107,64819.55$2,151
Jun 19961848,76518.73$3,446
May 19961837,60019.43$3,556
Apr 199618110,23021.51$3,893
Mar 199619113,15919.38$3,702
Feb 1996011,52116.98$0
Jan 199635817,95917.07$6,111
Dec 199519820,22517.19$3,404
Nov 199519419,29116.00$3,104
Oct 199537423,80915.43$5,771
Sep 199519323,33716.18$3,123
Aug 199535520,94515.92$5,652
Jul 199535626,02015.24$5,425
Jun 199553550,21316.41$8,779
May 199590694,09117.56$15,909
Apr 19951,617133,84917.73$28,669
Mar 1995717107,15816.44$11,787
Feb 19951,631220,52616.58$27,042
Jan 19951,159243,77615.92$18,451

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                  709 Mcf  × $  3.05 =     $2,160

────────────────────────────────────────────────────
Month total                                   $2,160

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/153402 is the state's own key, not one this site invented.