WEST, M. UNIT 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 153970District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.7 M
Mar 1995 – May 2026
Value, last 12 filed months
$69 k
at the published price for each month
Months reported
375
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 Gas111995-05-23131956
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
CondensateDisposition48,307 bbl$1,624,137
GasProduction2,513,916 Mcf$6,070,706
Total$7,694,843

1,020,747 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 29.9536, -96.7371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.95365, -96.73706 · 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
15,690 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 15,690 ft.

Completions filed
Mar 1995
1 of 1 wells

1 well

42-149329351H15,690 ftMar 1995

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 (375)

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

375 months

May 2026189620106.413.05$22,000
Apr 2026091098.932.87$2,611
Mar 202601,00789.753.15$3,171
Feb 2026052763.503.75$1,976
Jan 2026053559.138.00$4,279
Dec 2025060856.664.41$2,683
Nov 2025027058.593.93$1,060
Oct 20251884,07959.383.30$24,644
Sep 202501,59762.743.08$4,914
Aug 2025029863.933.01$898
Jul 2025016666.743.32$550
Jun 2025010366.483.13$322
May 2025043260.553.23$1,396
Apr 202501,99062.363.54$7,051
Mar 2025055667.704.27$2,373
Feb 202501,79970.884.34$7,809
Jan 20251976,36574.324.28$41,875
Dec 202401,13568.993.12$3,543
Nov 2024015569.052.20$341
Oct 2024232671.372.28$886
Sep 2024034269.612.36$809
Aug 2024034375.632.06$708
Jul 2024068779.932.15$1,475
Jun 20241927,73278.082.63$35,357
May 202401,48478.812.20$3,262
Apr 2024047584.451.66$788
Mar 202419574880.301.55$16,814
Feb 2024070876.091.78$1,263
Jan 2024053373.023.30$1,758
Dec 2023055871.262.61$1,457
Nov 2023071177.892.81$1,996
Oct 2023065685.443.09$2,025
Sep 2023055989.042.74$1,529
Aug 2023064680.522.67$1,727
Jul 202302,24574.852.64$5,931
Jun 20231913,28568.962.26$20,590
May 202301,68370.622.23$3,749
Apr 202301,45578.122.24$3,256
Mar 202301,46272.852.39$3,499
Feb 202301,39675.112.47$3,442
Jan 20231751,41376.533.39$18,180
Dec 2022066176.415.73$3,787
Nov 20221848,93485.005.65$66,083
Oct 2022068687.185.86$4,023
Sep 20220184.888.16$8
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20220512115.097.98$4,084
May 202201,979109.378.43$16,689
Apr 202209104.226.84$62
Mar 202202,554108.885.08$12,965
Feb 20220091.054.86$0
Jan 202201,59881.844.54$7,251
Dec 2021079771.323.90$3,108
Nov 2021024077.435.24$1,257
Oct 2021025079.795.71$1,428
Sep 2021071869.865.35$3,842
Aug 202103,71666.024.22$15,684
Jul 2021020770.783.98$824
Jun 2021148369.493.38$1,702
May 2021062563.483.02$1,886
Apr 2021086460.362.76$2,383
Mar 2021074261.302.72$2,016
Feb 20211911,42357.805.55$18,935
Jan 202103,57050.412.81$10,033
Dec 202001,72744.642.68$4,621
Nov 20201806,20338.772.71$23,767
Oct 202003,18136.972.48$7,884
Sep 2020031337.091.99$623
Aug 202001,19539.982.39$2,850
Jul 202001,21938.371.83$2,225
Jun 202017912,56934.901.69$27,493
May 20201772,84316.921.81$8,154
Apr 202001,70514.751.80$3,076
Mar 202001,21930.341.86$2,263
Feb 202001,89549.881.98$3,753
Jan 20201771,08257.252.09$12,400
Dec 2019067859.012.30$1,562
Nov 2019062855.302.75$1,727
Oct 2019070153.472.42$1,695
Sep 2019070955.052.66$1,884
Aug 2019077153.112.30$1,777
Jul 2019079556.272.46$1,956
Jun 2019075152.782.49$1,871
May 2019074658.482.74$2,044
Apr 2019068162.632.75$1,873
Mar 2019071756.803.06$2,196
Feb 2019063250.852.79$1,765
Jan 201918176746.033.23$10,807
Dec 2018082146.594.19$3,436
Nov 2018057252.934.24$2,424
Oct 201801,78861.443.40$6,076
Sep 201802,57059.543.11$7,988
Aug 201802,71359.403.07$8,320
Jul 201802,69465.142.93$7,898
Jun 20181612,65260.183.08$17,849
May 20181912,81765.382.90$20,659
Apr 201802,76063.842.90$8,006
Mar 201802,90961.222.79$8,107
Feb 201804,66661.782.77$12,907
Jan 201805,14862.874.01$20,640
Dec 201703,65357.272.92$10,672
Nov 20171895,12255.423.12$26,447
Oct 201719217,58949.292.98$61,944
Sep 2017076347.523.09$2,356
Aug 2017079745.373.00$2,395
Jul 201717881243.873.09$10,316
Jun 2017078542.493.09$2,424
May 2017085045.373.26$2,774
Apr 2017082647.933.21$2,653
Mar 2017086846.772.98$2,590
Feb 2017078650.452.95$2,321
Jan 201718187449.413.42$11,931
Dec 2016090548.763.72$3,369
Nov 2016089142.492.64$2,356
Oct 201601,02346.193.09$3,161
Sep 2016070341.553.10$2,180
Aug 2016089241.442.92$2,609
Jul 2016096541.622.92$2,822
Jun 2016083945.352.69$2,253
May 201618337242.521.99$8,522
Apr 201601,41036.561.99$2,807
Mar 201602,50333.011.79$4,490
Feb 2016063126.472.06$1,302
Jan 201602,89527.352.36$6,845
Dec 20151922,95432.362.00$12,125
Nov 201502,59538.792.17$5,624
Oct 201505,43243.552.43$13,181
Sep 2015037742.992.76$1,040
Aug 201501,95240.162.87$5,607
Jul 20151852,66448.152.95$16,753
Jun 201502,41756.152.88$6,968
May 201503,01355.212.96$8,905
Apr 201503,22949.822.71$8,740
Mar 20151934,38042.892.93$21,132
Feb 201501,49244.662.98$4,440
Jan 201502,63743.433.10$8,176
Dec 201404,07454.693.59$14,631
Nov 20141502,47070.464.25$21,071
Oct 201403,53478.303.90$13,786
Sep 20141824,79886.164.05$35,091
Aug 201401,67389.394.04$6,751
Jul 201403,05696.564.18$12,773
Jun 20141883,34498.164.74$34,294
May 201403,33294.734.73$15,749
Apr 201406,15595.944.81$29,600
Mar 201402195.895.06$106
Feb 2014099397.406.19$6,149
Jan 20141973,44790.404.86$34,564
Dec 201303,54291.824.35$15,424
Nov 20131853,66888.853.74$30,149
Oct 201303,84297.423.78$14,520
Sep 201303,674104.113.72$13,659
Aug 20131843,994104.253.52$33,251
Jul 201305,754102.523.72$21,392
Jun 201302,65794.403.93$10,451
May 20131933,93494.834.15$34,625
Apr 201305,39393.964.28$23,096
Mar 201302,30693.623.91$9,023
Feb 201303,53591.233.42$12,089
Jan 20131954,08391.603.42$31,825
Dec 201204,04786.773.42$13,841
Nov 201204,04886.953.62$14,674
Oct 20121935,17989.383.40$34,857
Sep 201203,34894.672.92$9,771
Aug 201203,73192.662.91$10,850
Jul 20121843,94685.133.02$27,584
Jun 201203,76379.822.52$9,479
May 201204,08791.612.49$10,170
Apr 20121903,565101.652.00$26,432
Mar 201203,882105.052.22$8,626
Feb 201203,765101.102.57$9,677
Jan 20121903,76498.092.73$28,928
Dec 201104,03796.873.24$13,079
Nov 20111903,87695.723.31$31,021
Oct 201104,62984.983.65$16,889
Sep 201102,80483.623.99$11,176
Aug 20111864,22883.404.15$33,056
Jul 201104,46094.144.52$20,147
Jun 20111914,50192.904.64$38,628
May 201104,61598.134.40$20,328
Apr 201104,495105.964.33$19,478
Mar 20111915,16396.364.06$39,353
Feb 201103,96585.644.18$16,574
Jan 20111895,22586.504.59$40,325
Dec 201005,44285.734.35$23,660
Nov 20101885,24780.843.80$35,112
Oct 201007,47078.103.51$26,211
Sep 20101784,85172.633.98$32,233
Aug 201001,39073.684.42$6,143
Jul 201001,43972.554.74$6,816
Jun 20101883,92370.364.91$32,491
May 201004,33871.124.24$18,372
Apr 20101835,01181.694.12$35,608
Mar 201007,55078.394.39$33,134
Feb 20101831,76873.585.44$23,087
Jan 201019015,38474.365.96$105,880
Dec 20091898,68971.445.48$61,150
Nov 2009010474.593.75$390
Oct 200901,56772.544.11$6,441
Sep 20091831,64865.543.06$17,045
Aug 200901,68867.423.22$5,433
Jul 200901,19261.133.46$4,130
Jun 200901,24166.163.90$4,834
May 20091881,96254.743.93$17,993
Apr 200901,94546.773.59$6,978
Mar 200902,64942.144.06$10,752
Feb 2009913,47332.814.63$19,076
Jan 20091894,31935.865.37$29,975
Dec 200814,70037.105.98$28,130
Nov 20081934,66755.496.86$42,727
Oct 200804,12875.246.92$28,574
Sep 200801,857101.767.88$14,628
Aug 20081851,562114.228.48$34,381
Jul 200801,588131.0811.39$18,086
Jun 200801,521131.3313.03$19,823
May 200801,538123.1711.57$17,801
Apr 200801,714110.3110.45$17,920
Mar 20081931,768101.909.66$36,753
Feb 200801,66492.538.77$14,594
Jan 20081902,09290.388.21$34,339
Dec 200701,15188.337.30$8,405
Nov 200713,88991.677.29$28,449
Oct 200704,30782.856.92$29,813
Sep 20073274,33675.846.24$51,874
Aug 200714,27369.066.39$27,365
Jul 200727,72970.906.39$49,514
Jun 200707562.007.55$566
May 20071904,11658.747.85$43,456
Apr 200714,95559.617.81$38,734
Mar 20071876,68556.927.30$59,458
Feb 200706,66555.108.22$54,760
Jan 2007078950.306.73$5,307
Dec 20061814,40356.656.92$40,716
Nov 20061895,11954.207.62$49,238
Oct 200605,53454.906.01$33,280
Sep 20061873,75560.085.04$30,150
Aug 200604,07268.717.34$29,888
Jul 200605,10069.376.34$32,348
Jun 20061826,67166.286.38$54,650
May 200604,41866.016.42$28,386
Apr 20061766,32164.397.36$57,858
Mar 2006962,24456.707.08$21,337
Feb 20061876,57557.597.75$61,733
Jan 20061924,24260.598.93$49,528
Dec 200508,86354.9413.42$118,901
Nov 20051761,66654.6910.59$27,266
Oct 20051906,22758.3413.80$96,991
Sep 200518910,99461.4512.08$144,411
Aug 200574613,19361.519.80$175,136
Jul 200503,54855.697.84$27,829
Jun 20051545,44252.337.38$48,226
May 200502,78545.226.65$18,523
Apr 20051323,87549.207.36$35,016
Mar 200503,72750.377.15$26,666
Feb 200504,06545.226.31$25,658
Jan 200503,45743.166.32$21,856
Dec 20041915,41439.866.75$44,164
Nov 200403,61545.286.33$22,884
Oct 200404,33149.706.52$28,217
Sep 20041144,65543.245.28$29,526
Aug 20041854,24042.375.55$31,373
Jul 200404,66438.286.08$28,377
Jun 2004944,79136.106.43$34,214
May 20043595,47237.486.49$48,994
Apr 200404,43534.475.86$25,982
Mar 20041933,93434.365.53$28,387
Feb 200403,68732.455.51$20,314
Jan 200403,76232.036.30$23,699
Dec 200304,33530.266.30$27,318
Nov 2003583,54528.804.60$17,960
Oct 20031754,66328.174.76$27,124
Sep 200305,25426.314.75$24,953
Aug 20031985,07129.765.13$31,905
Jul 200305,35829.415.17$27,705
Jun 200303,72528.565.98$22,287
May 20031895,39826.595.97$37,266
Apr 200304,02526.675.41$21,764
Mar 20031906,20631.146.10$43,749
Feb 20031883,80733.487.93$36,468
Jan 200304,07430.315.58$22,741
Dec 200203,57126.914.85$17,333
Nov 200203,85024.664.14$15,927
Oct 200203,09326.464.23$13,081
Sep 200203,51627.443.64$12,781
Aug 200203,63325.963.16$11,495
Jul 200203,30824.583.06$10,128
Jun 200203,68623.733.34$12,305
May 200202,46324.663.58$8,827
Apr 200201,66423.653.51$5,845
Mar 200203,21922.003.10$9,988
Feb 2002034918.222.38$829
Jan 200206,29317.172.38$14,950
Dec 20011907,86216.932.36$21,806
Nov 20011793,87918.072.41$12,566
Oct 20011805,37619.782.53$17,156
Sep 20011805,72924.262.25$17,265
Aug 200105,66224.873.05$17,287
Jul 20011827,21223.933.20$27,413
Jun 200101,33424.563.82$5,101
May 20011916,59425.524.31$33,277
Apr 200106,06324.685.34$32,348
Mar 20011897,51524.545.38$45,042
Feb 20011885,61527.755.77$37,599
Jan 20011957,61527.478.40$69,313
Dec 20001877,00226.889.12$68,902
Nov 200006,81432.215.66$38,554
Oct 20001868,58631.235.15$49,988
Sep 20001948,06631.875.19$48,017
Aug 20001957,85829.644.54$41,461
Jul 20001939,18028.534.09$43,050
Jun 20001788,68529.304.40$43,406
May 2000041227.263.68$1,516
Apr 20001878,33624.513.12$30,558
Mar 20001868,99528.422.86$31,010
Feb 20001838,82927.622.73$29,127
Jan 200018610,43025.272.48$30,572
Dec 19991766,68724.282.42$20,481
Nov 199938312,63723.192.43$39,640
Oct 199901520.982.80$42
Sep 19991818,07321.752.62$25,079
Aug 199918511,88019.262.88$37,725
Jul 19991864,92117.892.37$15,002
Jun 199907,61915.942.36$17,997
May 19991907,68115.792.32$20,828
Apr 199919111,03115.102.21$27,241
Mar 19991689,75912.471.84$20,035
Feb 199937011,4689.981.82$24,539
Jan 199934615,20910.381.90$32,488
Dec 199843322,6249.201.77$44,103
Nov 1998013210.892.19$289
Oct 199804,77112.421.97$9,395
Sep 19981856,81312.592.08$16,518
Aug 199817612,04211.301.91$24,957
Jul 199818812,04011.742.24$29,144
Jun 199833610,94911.242.24$28,273
May 199816212,53712.622.21$29,705
Apr 199831812,60813.042.51$35,734
Mar 199818014,72512.802.31$36,311
Feb 199817710,80013.952.30$27,300
Jan 199834216,15014.702.15$39,827
Dec 199724516,68216.322.41$44,220
Nov 199737212,66518.193.09$45,879
Oct 199717814,03219.253.15$47,625
Sep 199732714,85417.742.95$49,693
Aug 199736012,40317.862.55$38,116
Jul 199717914,23917.582.25$35,141
Jun 199734617,29017.242.26$44,992
May 199737814,52918.972.31$40,711
Apr 199793448,83117.882.08$118,404
Mar 199737617,03018.951.94$40,149
Feb 199735017,15320.492.21$45,009
Jan 199735818,87723.483.54$75,225
Dec 199635520,15023.32$8,279
Nov 199650621,27521.97$11,117
Oct 199635817,66923.31$8,345
Sep 199635020,06422.22$7,777
Aug 199634323,48920.26$6,949
Jul 199637123,33719.55$7,253
Jun 199655823,99118.73$10,451
May 199638627,39019.43$7,500
Apr 199657227,08521.51$12,304
Mar 199656029,77119.38$10,853
Feb 199638329,87316.98$6,503
Jan 199674933,96917.07$12,785
Dec 199573936,66717.19$12,703
Nov 199555437,79516.00$8,864
Oct 199574442,42015.43$11,480
Sep 199592646,02116.18$14,983
Aug 199590858,07415.92$14,455
Jul 19951,25955,31215.24$19,187
Jun 19951,69663,00116.41$27,831
May 19951,45278,36417.56$25,497
Apr 19952,688119,46717.73$47,658
Mar 19952,871185,56316.44$47,199

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           189 bbl  × $106.41 =    $20,111
Gas                  620 Mcf  × $  3.05 =     $1,888

────────────────────────────────────────────────────
Month total                                  $22,000

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/153970 is the state's own key, not one this site invented.