CHURCHWELL UNIT

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 154536District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
May 1995 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
373
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 Gas111995-08-24132640
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
CondensateDisposition209,634 bbl$3,859,678
GasProduction1,900,293 Mcf$2,321,550
Total$6,181,228

1,186,247 Mcf of this lease's gas, across 20 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 30.5586, -96.1071. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.55859, -96.10710 · 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
16,013 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 16,013 ft.

Completions filed
May 1995
1 of 1 wells

1 well

42-18530492116,013 ftMay 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 (373)

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

373 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202203115.097.98$24
May 20221044109.378.43$11,408
Apr 202204104.226.84$27
Mar 202203108.885.08$15
Feb 20220291.054.86$10
Jan 20220381.844.54$14
Dec 20210471.323.90$16
Nov 20210377.435.24$16
Oct 20210479.795.71$23
Sep 20210469.865.35$21
Aug 20210466.024.22$17
Jul 20210570.783.98$20
Jun 20210769.493.38$24
May 20210963.483.02$27
Apr 20210760.362.76$19
Mar 20210061.302.72$0
Feb 20210457.805.55$22
Jan 20210350.412.81$8
Dec 202001344.642.68$35
Nov 202001538.772.71$41
Oct 202002436.972.48$59
Sep 20200137.091.99$2
Aug 20200639.982.39$14
Jul 20200738.371.83$13
Jun 20200334.901.69$5
May 20200916.921.81$16
Apr 202002014.751.80$36
Mar 202003630.341.86$67
Feb 202002749.881.98$53
Jan 202002857.252.09$59
Dec 201902659.012.30$60
Nov 201902655.302.75$72
Oct 201903953.472.42$94
Sep 201904355.052.66$114
Aug 201903953.112.30$90
Jul 201902556.272.46$62
Jun 201902652.782.49$65
May 201903358.482.74$90
Apr 201902962.632.75$80
Mar 201903156.803.06$95
Feb 201902850.852.79$78
Jan 201903646.033.23$116
Dec 201802446.594.19$100
Nov 201802452.934.24$102
Oct 201804061.443.40$136
Sep 201804359.543.11$134
Aug 2018333359.403.07$2,061
Jul 201802865.142.93$82
Jun 201801360.183.08$40
May 20180865.382.90$23
Apr 201803463.842.90$99
Mar 201803861.222.79$106
Feb 201803261.782.77$89
Jan 201804062.874.01$160
Dec 201705057.272.92$146
Nov 201705455.423.12$168
Oct 201704649.292.98$137
Sep 201705547.523.09$170
Aug 201704045.373.00$120
Jul 201704343.873.09$133
Jun 201704842.493.09$148
May 201704645.373.26$150
Apr 201704947.933.21$157
Mar 201705946.772.98$176
Feb 201707950.452.95$233
Jan 201709849.413.42$335
Dec 201608048.763.72$298
Nov 201608842.492.64$233
Oct 2016010246.193.09$315
Sep 2016010041.553.10$310
Aug 2016012741.442.92$371
Jul 2016011641.622.92$339
Jun 2016012745.352.69$341
May 2016010642.521.99$211
Apr 2016011636.561.99$231
Mar 2016012033.011.79$215
Feb 2016024626.472.06$508
Jan 2016014827.352.36$350
Dec 2015011332.362.00$226
Nov 2015014638.792.17$316
Oct 2015012743.552.43$308
Sep 2015015042.992.76$414
Aug 2015021040.162.87$603
Jul 2015020748.152.95$610
Jun 2015018256.152.88$525
May 2015016055.212.96$473
Apr 2015013149.822.71$355
Mar 2015018542.892.93$543
Feb 2015016844.662.98$500
Jan 2015016243.433.10$502
Dec 2014017954.693.59$643
Nov 2014018670.464.25$791
Oct 2014019778.303.90$768
Sep 201403986.164.05$158
Aug 20140089.394.04$0
Jul 20140996.564.18$38
Jun 201401398.164.74$62
May 20140294.734.73$9
Apr 201418210695.944.81$17,971
Mar 201406095.895.06$303
Feb 201409497.406.19$582
Jan 2014012790.404.86$617
Dec 2013015491.824.35$671
Nov 201305888.853.74$217
Oct 201306997.423.78$261
Sep 2013074104.113.72$275
Aug 2013096104.253.52$338
Jul 2013092102.523.72$342
Jun 2013011494.403.93$448
May 201309294.834.15$382
Apr 201304893.964.28$206
Mar 2013010093.623.91$391
Feb 201304691.233.42$157
Jan 201308491.603.42$287
Dec 201205186.773.42$174
Nov 201207286.953.62$261
Oct 201207489.383.40$252
Sep 201208694.672.92$251
Aug 2012010592.662.91$305
Jul 2012014085.133.02$423
Jun 2012015679.822.52$393
May 2012016691.612.49$413
Apr 20120150101.652.00$300
Mar 20120133105.052.22$296
Feb 2012196135101.102.57$20,163
Jan 2012014398.092.73$391
Dec 2011014796.873.24$476
Nov 2011014295.723.31$470
Oct 2011016184.983.65$587
Sep 201108983.623.99$355
Aug 2011020983.404.15$867
Jul 2011022094.144.52$994
Jun 2011021692.904.64$1,002
May 2011027498.134.40$1,207
Apr 20110256105.964.33$1,109
Mar 201109396.364.06$377
Feb 201102085.644.18$84
Jan 201101786.504.59$78
Dec 201004485.734.35$191
Nov 201009480.843.80$357
Oct 2010010578.103.51$368
Sep 201008272.633.98$326
Aug 20101959973.684.42$14,805
Jul 201009572.554.74$450
Jun 2010010170.364.91$496
May 2010012571.124.24$529
Apr 2010011281.694.12$462
Mar 2010011378.394.39$496
Feb 2010011273.585.44$610
Jan 2010013774.365.96$817
Dec 2009011971.445.48$653
Nov 2009012574.593.75$469
Oct 2009013272.544.11$543
Sep 2009012865.543.06$392
Aug 2009012667.423.22$406
Jul 2009016161.133.46$558
Jun 2009015866.163.90$615
May 2009014554.743.93$569
Apr 2009011946.773.59$427
Mar 2009013042.144.06$528
Feb 200906232.814.63$287
Jan 2009010835.865.37$580
Dec 2008015237.105.98$909
Nov 2008011755.496.86$803
Oct 200807575.246.92$519
Sep 20080138101.767.88$1,087
Aug 2008185122114.228.48$22,166
Jul 20080123131.0811.39$1,401
Jun 20080210131.3313.03$2,737
May 20080259123.1711.57$2,998
Apr 20080367110.3110.45$3,837
Mar 20080267101.909.66$2,580
Feb 2008019992.538.77$1,745
Jan 2008020590.388.21$1,682
Dec 2007020688.337.30$1,504
Nov 2007020491.677.29$1,488
Oct 2007022982.856.92$1,585
Sep 2007024075.846.24$1,499
Aug 2007025869.066.39$1,648
Jul 200716924070.906.39$13,515
Jun 2007025862.007.55$1,948
May 2007038258.747.85$2,997
Apr 2007143859.617.81$3,478
Mar 2007043156.927.30$3,147
Feb 2007029055.108.22$2,383
Jan 2007031150.306.73$2,092
Dec 2006131156.656.92$2,208
Nov 200616933554.207.62$11,712
Oct 2006034654.906.01$2,081
Sep 2006033360.085.04$1,677
Aug 2006035668.717.34$2,613
Jul 2006136369.376.34$2,372
Jun 2006135566.286.38$2,333
May 2006139166.016.42$2,578
Apr 2006137064.397.36$2,788
Mar 2006138556.707.08$2,784
Feb 2006233057.597.75$2,673
Jan 2006238160.598.93$3,525
Dec 200518537954.9413.42$15,248
Nov 2005233754.6910.59$3,678
Oct 2005038558.3413.80$5,311
Sep 2005340361.4512.08$5,052
Aug 2005347261.519.80$4,809
Jul 200515644255.697.84$12,155
Jun 2005036952.337.38$2,724
May 2005133845.226.65$2,293
Apr 2005457749.207.36$4,444
Mar 2005862950.377.15$4,903
Feb 2005517445.226.31$1,324
Jan 200518248643.166.32$10,928
Dec 2004036839.866.75$2,484
Nov 200418352945.286.33$11,635
Oct 2004255349.706.52$3,702
Sep 200418655643.245.28$10,980
Aug 2004361842.375.55$3,557
Jul 2004458038.286.08$3,682
Jun 200418224036.106.43$8,114
May 2004958837.486.49$4,156
Apr 20043481,42534.475.86$20,344
Mar 200425,49534.365.53$30,457
Feb 20042043,77032.455.51$27,391
Jan 200483,95932.036.30$25,197
Dec 20033743,87830.266.30$35,755
Nov 200353,86528.804.60$17,904
Oct 20031882,97228.174.76$19,442
Sep 20031853,86726.314.75$23,233
Aug 20031913,02029.765.13$21,176
Jul 200383,38729.415.17$17,749
Jun 20031983,02828.565.98$23,771
May 20031853,05426.595.97$23,160
Apr 20033872,94326.675.41$26,235
Mar 200332,80131.146.10$17,168
Feb 20032012,53833.487.93$26,845
Jan 20031782,73330.315.58$20,651
Dec 20021872,21326.914.85$15,774
Nov 20021831,76224.664.14$11,802
Oct 20021612,13826.464.23$13,302
Sep 20023432,22527.443.64$17,500
Aug 20021903,41625.963.16$15,741
Jul 20023643,90724.583.06$20,909
Jun 20021803,45623.733.34$15,808
May 20023603,67524.663.58$22,049
Apr 20024003,60523.653.51$22,122
Mar 20021803,57522.003.10$15,052
Feb 20023583,53018.222.38$14,909
Jan 20025423,67217.172.38$18,030
Dec 20013663,73816.932.36$15,035
Nov 20015524,06218.072.41$19,746
Oct 20011874,00719.782.53$13,832
Sep 20013703,95724.262.25$17,885
Aug 20015184,42924.873.05$26,405
Jul 20013624,63723.933.20$23,488
Jun 20015395,24824.563.82$33,307
May 20013646,28725.524.31$36,369
Apr 20013686,86024.685.34$45,683
Mar 20017257,15424.545.38$56,255
Feb 20013696,94127.755.77$50,269
Jan 20011,1128,65027.478.40$103,196
Dec 20007269,39926.889.12$105,257
Nov 200074410,32632.215.66$82,389
Oct 200092511,12231.235.15$86,116
Sep 20007287,33431.875.19$61,239
Aug 2000691129.644.54$4,314
Jul 2000033528.534.09$1,370
Jun 200017769829.304.40$8,255
May 20003601,29827.263.68$14,590
Apr 20003512,03024.513.12$14,928
Mar 20001772,02728.422.86$10,827
Feb 20001802,41627.622.73$11,559
Jan 20003703,06925.272.48$16,963
Dec 19993712,64124.282.42$15,409
Nov 19993653,86723.192.43$17,877
Oct 19993734,32020.982.80$19,938
Sep 19995706,90521.752.62$30,481
Aug 19995424,03719.262.88$22,048
Jul 19995483,91717.892.37$19,096
Jun 19993564,78715.942.36$16,982
May 19993656,16915.792.32$20,082
Apr 19995515,91015.102.21$21,370
Mar 19995718,09412.471.84$22,000
Feb 19995847,5329.981.82$19,520
Jan 19995576,95610.381.90$18,998
Dec 19985669,1789.201.77$21,483
Nov 19987529,58210.892.19$29,133
Oct 199876310,35712.421.97$29,872
Sep 199873110,38412.592.08$30,829
Aug 199891611,65311.301.91$32,577
Jul 199890612,45411.742.24$38,499
Jun 199890811,49011.242.24$35,912
May 199891211,15512.622.21$36,121
Apr 19981,46513,79313.042.51$53,660
Mar 19981,31316,78812.802.31$55,577
Feb 19981,47315,79313.952.30$56,859
Jan 19981,47015,27614.702.15$54,526
Dec 19971,29616,57516.322.41$61,115
Nov 19971,47916,58218.193.09$78,113
Oct 19971,43818,13219.253.15$84,794
Sep 19971,09617,73617.742.95$71,851
Aug 19971,62019,85817.862.55$79,665
Jul 19971,75323,03517.582.25$82,576
Jun 19971,79325,10217.242.26$87,572
May 19972,00229,23418.972.31$105,465
Apr 19972,18724,62217.882.08$90,386
Mar 19971,90225,28918.951.94$85,082
Feb 19971,84522,24520.492.21$86,874
Jan 19972,19323,64423.483.54$135,184
Dec 19962,19225,00623.32$51,117
Nov 19962,53524,66921.97$55,694
Oct 19962,52127,79423.31$58,765
Sep 19962,16226,83722.22$48,040
Aug 19962,68030,25720.26$54,297
Jul 19962,85034,71219.55$55,718
Jun 19963,59839,09218.73$67,391
May 19963,58942,62319.43$69,734
Apr 19963,78641,80721.51$81,437
Mar 19964,18041,07119.38$81,008
Feb 19964,55042,71516.98$77,259
Jan 19965,50942,18717.07$94,039
Dec 19956,16950,09317.19$106,045
Nov 19957,62056,51516.00$121,920
Oct 19959,19469,71815.43$141,863
Sep 199510,08179,27916.18$163,111
Aug 199513,923117,51215.92$221,654
Jul 199519,068114,67415.24$290,596
Jun 199517,855111,25916.41$293,001
May 199527,989168,42717.56$491,487

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.

Jun 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $115.09 =         $0
Gas                    3 Mcf  × $  7.98 =        $24

────────────────────────────────────────────────────
Month total                                      $24

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/154536 is the state's own key, not one this site invented.