HANNAH

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 153973District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.3 M
Mar 1995 – May 2026
Value, last 12 filed months
$24 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 Gas111995-05-23131954
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
CondensateDisposition84,586 bbl$1,635,410
GasProduction5,294,495 Mcf$6,674,819
Total$8,310,230

3,417,713 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 30.4885, -96.0966. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.48847, -96.09656 · 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
15,444 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 15,444 ft.

Completions filed
Mar 1995
1 of 1 wells

1 well

42-185304951H15,444 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 20260294106.413.05$895
Apr 2026034198.932.87$979
Mar 2026034489.753.15$1,083
Feb 2026031863.503.75$1,193
Jan 20263356359.138.00$6,454
Dec 2025036556.664.41$1,611
Nov 2025044658.593.93$1,751
Oct 2025031259.383.30$1,031
Sep 2025031462.743.08$966
Aug 2025064663.933.01$1,948
Jul 2025084866.743.32$2,811
Jun 2025196066.483.13$3,070
May 202501,24360.553.23$4,018
Apr 202531,56362.363.54$5,725
Mar 202502,00767.704.27$8,567
Feb 202501,65570.884.34$7,184
Jan 20250074.324.28$0
Dec 2024067368.993.12$2,101
Nov 202401,47869.052.20$3,249
Oct 2024058371.372.28$1,330
Sep 2024074269.612.36$1,754
Aug 202401,07475.632.06$2,216
Jul 202401,19379.932.15$2,561
Jun 202401,11978.082.63$2,947
May 202401,06578.812.20$2,341
Apr 202418832384.451.66$16,413
Mar 202401,24980.301.55$1,930
Feb 202401,03276.091.78$1,841
Jan 202401,06973.023.30$3,525
Dec 202301,23971.262.61$3,235
Nov 202301,45077.892.81$4,071
Oct 202301,49585.443.09$4,615
Sep 202301,40489.042.74$3,840
Aug 202301,53180.522.67$4,092
Jul 202301,66774.852.64$4,404
Jun 202302,19568.962.26$4,957
May 2023064070.622.23$1,426
Apr 2023092478.122.24$2,068
Mar 202301,82872.852.39$4,375
Feb 202311,63475.112.47$4,104
Jan 202301,88176.533.39$6,372
Dec 202201,08076.415.73$6,187
Nov 202201,74985.005.65$9,875
Oct 202201,54187.185.86$9,036
Sep 202201,97484.888.16$16,115
Aug 202202,24394.529.13$20,472
Jul 202201,928101.587.54$14,541
Jun 20220690115.097.98$5,504
May 20220565109.378.43$4,765
Apr 20220526104.226.84$3,597
Mar 20220448108.885.08$2,274
Feb 2022032591.054.86$1,579
Jan 2022033981.844.54$1,538
Dec 2021026371.323.90$1,025
Nov 2021030077.435.24$1,571
Oct 2021033979.795.71$1,937
Sep 202109069.865.35$482
Aug 202101,06766.024.22$4,503
Jul 202102,41570.783.98$9,617
Jun 202103,47769.493.38$11,754
May 202107,43463.483.02$22,433
Apr 2021014260.362.76$392
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20201038.772.71$39
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020135716.921.81$2,297
Apr 2020043214.751.80$779
Mar 2020067630.341.86$1,255
Feb 2020045649.881.98$903
Jan 2020044157.252.09$924
Dec 201902,08959.012.30$4,814
Nov 201901,81855.302.75$5,001
Oct 2019425653.472.42$833
Sep 2019041955.052.66$1,113
Aug 2019145753.112.30$1,106
Jul 2019041556.272.46$1,021
Jun 2019051452.782.49$1,280
May 2019026558.482.74$726
Apr 201901,08462.632.75$2,982
Mar 201901,16956.803.06$3,580
Feb 201902,90250.852.79$8,103
Jan 201904,16146.033.23$13,432
Dec 201803,44946.594.19$14,436
Nov 2018091852.934.24$3,890
Oct 2018061061.443.40$2,073
Sep 20186462259.543.11$5,744
Aug 201801,37359.403.07$4,210
Jul 2018068365.142.93$2,002
Jun 2018051160.183.08$1,572
May 2018050165.382.90$1,453
Apr 2018046663.842.90$1,352
Mar 2018043961.222.79$1,223
Feb 2018036561.782.77$1,010
Jan 2018036862.874.01$1,475
Dec 2017042457.272.92$1,239
Nov 2017081055.423.12$2,526
Oct 2017095949.292.98$2,861
Sep 2017074947.523.09$2,312
Aug 201701,03245.373.00$3,101
Jul 201701,38643.873.09$4,279
Jun 20171131,00942.493.09$7,916
May 201701,21845.373.26$3,975
Apr 201701,50647.933.21$4,837
Mar 201701,90746.772.98$5,690
Feb 201701,17150.452.95$3,457
Jan 201701,49549.413.42$5,111
Dec 201601,46548.763.72$5,454
Nov 201602,18842.492.64$5,786
Oct 201601,92046.193.09$5,933
Sep 201601,69841.553.10$5,265
Aug 201601,73441.442.92$5,071
Jul 201601,50241.622.92$4,392
Jun 201601,48445.352.69$3,986
May 201601,75142.521.99$3,486
Apr 201601,33336.561.99$2,654
Mar 20161201,47333.011.79$6,604
Feb 201601,52826.472.06$3,153
Jan 201601,38127.352.36$3,265
Dec 201501,71632.362.00$3,434
Nov 201501,40238.792.17$3,039
Oct 201503,08843.552.43$7,493
Sep 2015016042.992.76$441
Aug 201502,09240.162.87$6,009
Jul 201502,22348.152.95$6,547
Jun 201501,88756.152.88$5,440
May 201501,80055.212.96$5,320
Apr 20151931,15749.822.71$12,747
Mar 201504,18242.892.93$12,273
Feb 2015016344.662.98$485
Jan 2015065243.433.10$2,022
Dec 201401,17954.693.59$4,234
Nov 2014056170.464.25$2,385
Oct 201401,00078.303.90$3,901
Sep 201402,76286.164.05$11,174
Aug 2014058389.394.04$2,352
Jul 201402,97096.564.18$12,413
Jun 201401,29398.164.74$6,125
May 201401,19494.734.73$5,644
Apr 201401,11895.944.81$5,377
Mar 201401,27395.895.06$6,437
Feb 201401,13597.406.19$7,028
Jan 201401,01890.404.86$4,948
Dec 2013099191.824.35$4,315
Nov 201301,10188.853.74$4,116
Oct 201301,23397.423.78$4,660
Sep 201301,093104.113.72$4,063
Aug 201301,001104.253.52$3,526
Jul 201301,231102.523.72$4,577
Jun 201301,15594.403.93$4,543
May 201301,38694.834.15$5,751
Apr 2013080793.964.28$3,456
Mar 20131821,50993.623.91$22,943
Feb 201301,50991.233.42$5,161
Jan 201301,71791.603.42$5,872
Dec 201201,78486.773.42$6,102
Nov 201201,42786.953.62$5,173
Oct 2012093389.383.40$3,172
Sep 2012029694.672.92$864
Aug 2012043492.662.91$1,262
Jul 2012036785.133.02$1,109
Jun 2012055479.822.52$1,396
May 201201,86191.612.49$4,631
Apr 201201,848101.652.00$3,690
Mar 201202,318105.052.22$5,151
Feb 201203,485101.102.57$8,957
Jan 201204,20398.092.73$11,491
Dec 201102,88396.873.24$9,340
Nov 201102,49495.723.31$8,258
Oct 201102,38784.983.65$8,709
Sep 201102,27783.623.99$9,076
Aug 201102,03183.404.15$8,427
Jul 201102,09294.144.52$9,450
Jun 201102,09992.904.64$9,739
May 20111722,26998.134.40$26,873
Apr 201102,459105.964.33$10,656
Mar 201102,44296.364.06$9,908
Feb 201102,14985.644.18$8,983
Jan 201102,60086.504.59$11,931
Dec 201002,33085.734.35$10,130
Nov 201002,04180.843.80$7,746
Oct 201002,51678.103.51$8,828
Sep 201002,97872.633.98$11,851
Aug 201002,42073.684.42$10,695
Jul 201002,81172.554.74$13,314
Jun 201001,93970.364.91$9,521
May 20101812,07571.124.24$21,661
Apr 201002,01781.694.12$8,315
Mar 201002,77378.394.39$12,170
Feb 201001,99273.585.44$10,841
Jan 201001,64174.365.96$9,787
Dec 200901,26171.445.48$6,915
Nov 200901,87174.593.75$7,019
Oct 200901,93672.544.11$7,957
Sep 200902,81065.543.06$8,612
Aug 2009084667.423.22$2,723
Jul 200901,78361.133.46$6,177
Jun 200901,80266.163.90$7,019
May 20091242,23054.743.93$15,542
Apr 200901,86846.773.59$6,701
Mar 20091222,16542.144.06$13,929
Feb 200911,86032.814.63$8,650
Jan 200921,87135.865.37$10,121
Dec 200821,88837.105.98$11,359
Nov 200802,24255.496.86$15,381
Oct 200812,38175.246.92$16,556
Sep 200801,862101.767.88$14,667
Aug 200801,761114.228.48$14,939
Jul 200801,129131.0811.39$12,859
Jun 200801,318131.3313.03$17,177
May 200812,387123.1711.57$27,751
Apr 20081072,025110.3110.45$32,974
Mar 200802,089101.909.66$20,188
Feb 200811,48792.538.77$13,134
Jan 2008093490.388.21$7,664
Dec 200701,94988.337.30$14,232
Nov 200702,54591.677.29$18,557
Oct 20071222,73182.856.92$29,012
Sep 2007080175.846.24$5,002
Aug 2007091769.066.39$5,858
Jul 200731,35670.906.39$8,875
Jun 200702,04162.007.55$15,406
May 200712,44358.747.85$19,227
Apr 200703,02159.617.81$23,580
Mar 200704,16956.927.30$30,442
Feb 200713,95655.108.22$32,558
Jan 200714,31550.306.73$29,077
Dec 20061164,82956.656.92$39,981
Nov 200614,22754.207.62$32,253
Oct 200604,00354.906.01$24,073
Sep 200613,19460.085.04$16,149
Aug 200602,52568.717.34$18,533
Jul 200602,73169.376.34$17,322
Jun 2006693,48266.286.38$26,802
May 200602,73066.016.42$17,540
Apr 200615,88364.397.36$43,366
Mar 20061209,23756.707.08$72,229
Feb 200642,21057.597.75$17,360
Jan 200603,31060.598.93$29,569
Dec 200514,03554.9413.42$54,186
Nov 200513,07354.6910.59$32,593
Oct 200513,99058.3413.80$55,103
Sep 200504,42161.4512.08$53,401
Aug 2005794,08961.519.80$44,919
Jul 200501,40255.697.84$10,997
Jun 200501,57452.337.38$11,618
May 200511,98245.226.65$13,228
Apr 20051152,13649.207.36$21,380
Mar 200523,22250.377.15$23,154
Feb 200513,95145.226.31$24,984
Jan 200514,50643.166.32$28,531
Dec 20041354,74739.866.75$37,428
Nov 200424,74145.286.33$30,103
Oct 200445,04449.706.52$33,061
Sep 20041414,75543.245.28$31,222
Aug 200405,00542.375.55$27,781
Jul 200415,72538.286.08$34,870
Jun 200405,16836.106.43$33,246
May 20041425,65337.486.49$42,036
Apr 200405,78134.475.86$33,868
Mar 200405,97934.365.53$33,065
Feb 2004815,79732.455.51$34,568
Jan 200406,60832.036.30$41,628
Dec 2003645,92730.266.30$39,286
Nov 20031276,36528.804.60$32,906
Oct 200306,58128.174.76$31,323
Sep 20032006,92926.314.75$38,170
Aug 200306,90629.765.13$35,426
Jul 200306,90929.415.17$35,725
Jun 200306,16928.565.98$36,909
May 20031926,93126.595.97$46,502
Apr 200307,98726.675.41$43,188
Mar 200307,98631.146.10$48,683
Feb 200306,13233.487.93$48,602
Jan 20031847,98530.315.58$50,150
Dec 200208,18426.914.85$39,723
Nov 200208,36024.664.14$34,585
Oct 20021838,94926.464.23$42,689
Sep 200207,85427.443.64$28,551
Aug 200209,01925.963.16$28,538
Jul 20021806,76824.583.06$25,146
Jun 200206,37223.733.34$21,271
May 200209,40824.663.58$33,718
Apr 20021768,93223.653.51$35,534
Mar 200209,70422.003.10$30,109
Feb 20021859,94418.222.38$26,994
Jan 200206,96617.172.38$16,549
Dec 200104,67016.932.36$11,042
Nov 20011767,57718.072.41$21,407
Oct 200106,80419.782.53$17,207
Sep 200101,73624.262.25$3,908
Aug 200118211,42824.873.05$39,418
Jul 200118016,50923.933.20$57,088
Jun 2001012,09324.563.82$46,246
May 200101,88525.524.31$8,119
Apr 200101,49824.685.34$7,992
Mar 200106,66624.545.38$35,839
Feb 200117912,31927.755.77$76,012
Jan 20011836,77027.478.40$61,887
Dec 2000010,57226.889.12$96,443
Nov 200018413,19132.215.66$80,561
Oct 2000012,92231.235.15$66,490
Sep 200018412,77631.875.19$72,127
Aug 200018013,73629.644.54$67,707
Jul 2000014,45528.534.09$59,117
Jun 200017715,46329.304.40$73,181
May 200017518,47627.263.68$72,758
Apr 200018310,57124.513.12$37,425
Mar 2000014,92728.422.86$42,687
Feb 200017714,62927.622.73$44,775
Jan 200018413,90525.272.48$39,141
Dec 199917915,90424.282.42$42,893
Nov 1999015,24523.192.43$37,106
Oct 199918015,11220.982.80$46,146
Sep 1999015,45321.752.62$40,469
Aug 199917313,52719.262.88$42,230
Jul 1999015,68817.892.37$37,218
Jun 199918117,35815.942.36$43,886
May 199917314,23415.792.32$35,769
Apr 1999014,46815.102.21$31,946
Mar 199917616,04912.471.84$31,698
Feb 199917616,7219.981.82$32,152
Jan 199918415,05710.381.90$30,517
Dec 199817915,9649.201.77$29,956
Nov 1998022,24610.892.19$48,624
Oct 199818217,39412.421.97$36,513
Sep 199817520,32612.592.08$44,535
Aug 199817319,10311.301.91$38,391
Jul 199817122,69511.742.24$52,782
Jun 199816112,70111.242.24$30,225
May 199817921,86312.622.21$50,496
Apr 199835826,65013.042.51$71,435
Mar 199816928,76012.802.31$68,583
Feb 199817114,19113.952.30$35,012
Jan 199854250,55614.702.15$116,905
Dec 199733913,69616.322.41$38,555
Nov 199736344,85118.193.09$145,115
Oct 199736412,44319.253.15$46,200
Sep 199718118,03217.742.95$56,493
Aug 19971,08151,67217.862.55$151,315
Jul 19971,67660,40917.582.25$165,199
Jun 199737534,58617.242.26$84,533
May 199775350,95418.972.31$131,912
Apr 199793448,83117.882.08$118,404
Mar 199772449,76718.951.94$110,225
Feb 199787153,35520.492.21$135,543
Jan 199794258,08423.483.54$227,718
Dec 199675457,44723.32$17,583
Nov 199672654,32721.97$15,950
Oct 19961,12169,82123.31$26,131
Sep 19961,10870,49522.22$24,620
Aug 199673858,83720.26$14,952
Jul 19961,28979,47519.55$25,200
Jun 19961,11984,62118.73$20,959
May 19961,30697,76619.43$25,376
Apr 19961,825107,63621.51$39,256
Mar 19961,900129,83119.38$36,822
Feb 19962,011141,14016.98$34,147
Jan 19963,102184,73317.07$52,951
Dec 19951,771104,65117.19$30,443
Nov 19954,307189,05316.00$68,912
Oct 19952,576124,55915.43$39,748
Sep 19953,732201,57316.18$60,384
Aug 19954,712203,21115.92$75,015
Jul 19951,80372,86415.24$27,478
Jun 19956,681320,37416.41$109,635
May 19959,050390,51017.56$158,918
Apr 199510,644480,04617.73$188,718
Mar 19953,090194,74316.44$50,800

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                  294 Mcf  × $  3.05 =       $895

────────────────────────────────────────────────────
Month total                                     $895

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/153973 is the state's own key, not one this site invented.