GLENN UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 153965District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Feb 1995 – May 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
292
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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 Gas111995-06-22132231
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
CondensateDisposition17,307 bbl$359,882
GasProduction971,385 Mcf$955,634
Total$1,315,515

742,639 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 30.0879, -96.6453. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.08795, -96.64532 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
16,870 ft
1 wells filed one
Completion to plug
24.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 16,870 ft.

Completions filed
Feb 1995
1 of 1 wells
Plug dates filed
May 2019
1 of 1 wells

Last completion to plug: a median of 24.3 years across the 1 well that filed both dates, with the middle half between 24.3 years and 24.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14932934116,870 ftFeb 1995May 2019Yes

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 (292)

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

292 months

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 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201012845772.633.98$11,115
Aug 201001,04073.684.42$4,596
Jul 201001,12472.554.74$5,324
Jun 201001,07170.364.91$5,259
May 201001,12171.124.24$4,748
Apr 201001,18981.694.12$4,902
Mar 201001,18078.394.39$5,179
Feb 201001,18473.585.44$6,444
Jan 201001,30774.365.96$7,795
Dec 20091931,40671.445.48$21,498
Nov 200901,32374.593.75$4,963
Oct 200901,39772.544.11$5,742
Sep 200901,49265.543.06$4,573
Aug 200901,40267.423.22$4,512
Jul 200901,35661.133.46$4,698
Jun 200901,99766.163.90$7,778
May 200901,04354.743.93$4,095
Apr 200901,89646.773.59$6,802
Mar 200901,74742.144.06$7,091
Feb 200901,76832.814.63$8,191
Jan 20091972935.865.37$7,220
Dec 200802,04737.105.98$12,235
Nov 200802,15055.496.86$14,750
Oct 200802,60175.246.92$18,004
Sep 200802,316101.767.88$18,243
Aug 200803,573114.228.48$30,310
Jul 20081934,932131.0811.39$81,471
Jun 200804,523131.3313.03$58,947
May 200802,557123.1711.57$29,595
Apr 20080449110.3110.45$4,694
Mar 200802,148101.909.66$20,758
Feb 200802,18792.538.77$19,181
Jan 2008012590.388.21$1,026
Dec 2007029488.337.30$2,147
Nov 2007016591.677.29$1,203
Oct 2007014482.856.92$997
Sep 2007012175.846.24$756
Aug 2007215669.066.39$1,135
Jul 2007015170.906.39$965
Jun 2007015962.007.55$1,200
May 2007017258.747.85$1,350
Apr 2007020259.617.81$1,577
Mar 2007022956.927.30$1,672
Feb 2007026555.108.22$2,177
Jan 2007018550.306.73$1,244
Dec 2006022656.656.92$1,564
Nov 2006024454.207.62$1,859
Oct 2006019354.906.01$1,161
Sep 2006020460.085.04$1,028
Aug 2006020468.717.34$1,497
Jul 2006017369.376.34$1,097
Jun 2006020566.286.38$1,309
May 2006021366.016.42$1,369
Apr 2006022864.397.36$1,678
Mar 2006039356.707.08$2,784
Feb 2006042157.597.75$3,263
Jan 2006017360.598.93$1,545
Dec 2005033254.9413.42$4,454
Nov 2005030754.6910.59$3,251
Oct 200518128058.3413.80$14,422
Sep 2005037661.4512.08$4,542
Aug 2005036361.519.80$3,556
Jul 2005039455.697.84$3,090
Jun 2005026752.337.38$1,971
May 2005034845.226.65$2,315
Apr 2005031849.207.36$2,341
Mar 2005033150.377.15$2,368
Feb 2005038945.226.31$2,455
Jan 2005026643.166.32$1,682
Dec 2004031039.866.75$2,093
Nov 2004032545.286.33$2,057
Oct 2004027349.706.52$1,779
Sep 2004037143.245.28$1,960
Aug 2004039542.375.55$2,193
Jul 2004057138.286.08$3,474
Jun 2004077536.106.43$4,986
May 2004031437.486.49$2,039
Apr 2004033534.475.86$1,963
Mar 2004069634.365.53$3,849
Feb 2004061332.455.51$3,377
Jan 2004063332.036.30$3,988
Dec 2003054830.266.30$3,453
Nov 2003053728.804.60$2,468
Oct 2003081328.174.76$3,870
Sep 20031781,52826.314.75$11,940
Aug 200301,06829.765.13$5,479
Jul 2003036029.415.17$1,862
Jun 2003071228.565.98$4,260
May 2003058826.595.97$3,512
Apr 2003031626.675.41$1,709
Mar 2003034031.146.10$2,073
Feb 2003022533.487.93$1,783
Jan 2003072730.315.58$4,058
Dec 2002038326.914.85$1,859
Nov 2002020624.664.14$852
Oct 2002023626.464.23$998
Sep 2002099527.443.64$3,617
Aug 2002021925.963.16$693
Jul 2002014024.583.06$429
Jun 2002029423.733.34$981
May 2002026724.663.58$957
Apr 2002032223.653.51$1,131
Mar 200201,67922.003.10$5,209
Feb 20020018.222.38$0
Jan 2002073517.172.38$1,746
Dec 2001034516.932.36$816
Nov 2001082118.072.41$1,975
Oct 2001044819.782.53$1,133
Sep 200117927224.262.25$4,955
Aug 200101,04724.873.05$3,197
Jul 2001028523.933.20$911
Jun 2001096024.563.82$3,671
May 200101,94525.524.31$8,378
Apr 2001037524.685.34$2,001
Mar 2001045124.545.38$2,425
Feb 2001045127.755.77$2,601
Jan 2001059127.478.40$4,964
Dec 200001,00926.889.12$9,205
Nov 200015265832.215.66$8,619
Oct 2000067931.235.15$3,494
Sep 2000079231.875.19$4,108
Aug 2000095829.644.54$4,350
Jul 200001,19628.534.09$4,891
Jun 200001,98229.304.40$8,715
May 200001,86527.263.68$6,863
Apr 200002,32124.513.12$7,232
Mar 20001882,27828.422.86$11,857
Feb 200002,26427.622.73$6,173
Jan 200002,65925.272.48$6,596
Dec 19991843,09924.282.42$11,979
Nov 199902,85923.192.43$6,959
Oct 199901,90020.982.80$5,327
Sep 19991772,51721.752.62$10,441
Aug 199903,07519.262.88$8,842
Jul 19991833,67617.892.37$11,995
Jun 1999076215.942.36$1,800
May 199901,87915.792.32$4,361
Apr 199901,45615.102.21$3,215
Mar 199901,06512.471.84$1,958
Feb 19991831,5279.981.82$4,602
Jan 199903,78310.381.90$7,188
Dec 199801,1299.201.77$2,002
Nov 1998035310.892.19$772
Oct 1998069212.421.97$1,363
Sep 1998064812.592.08$1,350
Aug 19981782,36611.301.91$6,524
Jul 199802,56211.742.24$5,732
Jun 199802,57511.242.24$5,761
May 199803,20312.622.21$7,067
Apr 199803,40913.042.51$8,541
Mar 19981873,58312.802.31$10,668
Feb 199803,50013.952.30$8,047
Jan 19981861,99914.702.15$7,042
Dec 199702,94816.322.41$7,108
Nov 199704,49118.193.09$13,869
Oct 19971863,29519.253.15$13,959
Sep 199703,67817.742.95$10,868
Aug 199704,56017.862.55$11,650
Jul 19971814,43717.582.25$13,152
Jun 199705,81117.242.26$13,117
May 19971794,74418.972.31$14,347
Apr 199706,21117.882.08$12,936
Mar 19971837,25818.951.94$17,542
Feb 199707,12120.492.21$15,708
Jan 19971809,84623.483.54$39,078
Dec 19961837,74923.32$4,268
Nov 199608,75321.97$0
Oct 199619010,91223.31$4,429
Sep 199618210,72322.22$4,044
Aug 199636412,07120.26$7,375
Jul 199618313,80919.55$3,578
Jun 199653713,46018.73$10,058
May 199618415,39719.43$3,575
Apr 199636015,49521.51$7,744
Mar 199672819,96319.38$14,109
Feb 199655821,25116.98$9,475
Jan 199619428,92117.07$3,312
Dec 199574533,28717.19$12,807
Nov 199572438,01016.00$11,584
Oct 199590850,65715.43$14,010
Sep 19951,10350,04316.18$17,847
Aug 199519810,48615.92$3,152
Jul 19953563,61215.24$5,425
Jun 1995027,03316.41$0
May 199593451,35117.56$16,401
Apr 19951,67377,99317.73$29,662
Mar 19951,862108,02116.44$30,611
Feb 19951,363113,64216.58$22,599

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.

Sep 2010 — as filed, then multipliedworked
Condensate           128 bbl  × $ 72.63 =     $9,297
Gas                  457 Mcf  × $  3.98 =     $1,819

────────────────────────────────────────────────────
Month total                                  $11,115

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/153965 is the state's own key, not one this site invented.