BAUER 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 154582District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Feb 1995 – May 2026
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
376
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 Gas221996-01-10 – 2013-03-082 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
CondensateDisposition62,280 bbl$1,814,719
GasProduction2,470,037 Mcf$4,696,098
Total$6,510,817

1,324,606 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 30.0081, -96.6976. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.00810, -96.69757 · 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
12,430 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 12,430 ft.

Completions filed
Feb 2010
1 of 1 wells

1 well

42-14932937112,430 ftFeb 2010

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 (376)

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

376 months

May 202601,493106.413.05$4,547
Apr 2026084698.932.87$2,428
Mar 202601,16389.753.15$3,663
Feb 202601,11363.503.75$4,174
Jan 202601,30859.138.00$10,461
Dec 20251911,12856.664.41$15,800
Nov 202501,02958.593.93$4,040
Oct 202501,28659.383.30$4,250
Sep 202501,11462.743.08$3,428
Aug 202501,22463.933.01$3,690
Jul 202501,29166.743.32$4,280
Jun 202501,25666.483.13$3,930
May 20251041,25960.553.23$10,367
Apr 202501,29062.363.54$4,571
Mar 202501,45967.704.27$6,227
Feb 202501,22670.884.34$5,322
Jan 202501,39674.324.28$5,973
Dec 202401,33068.993.12$4,151
Nov 20241721,37869.052.20$14,906
Oct 202401,36671.372.28$3,116
Sep 202401,31469.612.36$3,107
Aug 202401,51775.632.06$3,131
Jul 20241881,54079.932.15$18,333
Jun 202401,46678.082.63$3,861
May 202401,55578.812.20$3,419
Apr 202401,52184.451.66$2,524
Mar 202411,59280.301.55$2,540
Feb 202401,49076.091.78$2,658
Jan 202401,63373.023.30$5,385
Dec 20231621,70071.262.61$15,982
Nov 202301,86977.892.81$5,247
Oct 202311,99985.443.09$6,257
Sep 202302,11589.042.74$5,785
Aug 202312,31080.522.67$6,255
Jul 202312,35274.852.64$6,288
Jun 20231812,46668.962.26$18,051
May 202312,97070.622.23$6,686
Apr 202302,06878.122.24$4,628
Mar 202312,49872.852.39$6,051
Feb 202302,22075.112.47$5,474
Jan 20231902,93876.533.39$24,494
Dec 2022038976.415.73$2,229
Nov 202201,23685.005.65$6,979
Oct 202201,19587.185.86$7,007
Sep 202201,29284.888.16$10,547
Aug 202201,24594.529.13$11,363
Jul 202221,213101.587.54$9,352
Jun 202241,164115.097.98$9,746
May 202201,099109.378.43$9,268
Apr 20221851,254104.226.84$27,855
Mar 202201,082108.885.08$5,493
Feb 2022195391.054.86$4,722
Jan 202231,59781.844.54$7,492
Dec 202111,25571.323.90$4,965
Nov 202101,19677.435.24$6,263
Oct 20211941,44479.795.71$23,730
Sep 202101,99669.865.35$10,680
Aug 2021044266.024.22$1,866
Jul 2021099670.783.98$3,966
Jun 202101,44269.493.38$4,875
May 202101,49163.483.02$4,499
Apr 20211901,38560.362.76$15,289
Mar 202101,47761.302.72$4,013
Feb 202101,30757.805.55$7,251
Jan 202101,67150.412.81$4,696
Dec 202001,73744.642.68$4,647
Nov 20201631,84838.772.71$11,321
Oct 202001,96736.972.48$4,875
Sep 202005637.091.99$112
Aug 2020013239.982.39$315
Jul 202001,08438.371.83$1,978
Jun 202001,55234.901.69$2,623
May 20201581,46216.921.81$5,327
Apr 202081,59714.751.80$3,000
Mar 202001,72330.341.86$3,198
Feb 202001,48249.881.98$2,935
Jan 20201901,67057.252.09$14,376
Dec 201901,68559.012.30$3,883
Nov 201901,67155.302.75$4,596
Oct 201901,86953.472.42$4,520
Sep 20191602,11455.052.66$14,425
Aug 201902,59653.112.30$5,982
Jul 201902,90556.272.46$7,146
Jun 2019030552.782.49$760
May 20191651,64358.482.74$14,152
Apr 201901,65462.632.75$4,550
Mar 201901,63656.803.06$5,010
Feb 201901,50850.852.79$4,211
Jan 201901,67346.033.23$5,401
Dec 20181691,68546.594.19$14,926
Nov 201801,59052.934.24$6,737
Oct 201801,68461.443.40$5,722
Sep 201801,66559.543.11$5,175
Aug 20181771,67159.403.07$15,638
Jul 201801,77165.142.93$5,192
Jun 201801,72860.183.08$5,317
May 201801,78265.382.90$5,169
Apr 201801,79863.842.90$5,216
Mar 201801,87661.222.79$5,228
Feb 20181911,72061.782.77$16,558
Jan 201801,91362.874.01$7,670
Dec 201701,90857.272.92$5,574
Nov 201701,87055.423.12$5,831
Oct 201702,13949.292.98$6,382
Sep 201721,02547.523.09$3,260
Aug 201701,50845.373.00$4,531
Jul 20171841,53143.873.09$12,799
Jun 201701,50142.493.09$4,634
May 201701,54445.373.26$5,039
Apr 201701,57347.933.21$5,052
Mar 201701,64746.772.98$4,914
Feb 20171171,42450.452.95$10,107
Jan 201701,54549.413.42$5,282
Dec 201601,60648.763.72$5,979
Nov 20161841,55142.492.64$11,920
Oct 201601,66646.193.09$5,148
Sep 201601,60941.553.10$4,989
Aug 201601,65941.442.92$4,851
Jul 201601,61741.622.92$4,729
Jun 201601,59945.352.69$4,295
May 20161881,59742.521.99$11,173
Apr 201601,46236.561.99$2,911
Mar 201601,72033.011.79$3,086
Feb 201601,58926.472.06$3,279
Jan 201601,76127.352.36$4,164
Dec 20151942,17432.362.00$10,629
Nov 201501,07638.792.17$2,332
Oct 201501,76943.552.43$4,293
Sep 201501,69042.992.76$4,662
Aug 201501,79540.162.87$5,156
Jul 201501,74848.152.95$5,148
Jun 201501,61456.152.88$4,653
May 20151901,75755.212.96$15,683
Apr 201501,79349.822.71$4,853
Mar 201501,89242.892.93$5,552
Feb 201501,72344.662.98$5,128
Jan 20151891,89843.433.10$14,093
Dec 201401,99854.693.59$7,176
Nov 201401,87370.464.25$7,964
Oct 201401,98978.303.90$7,759
Sep 201402,01686.164.05$8,156
Aug 20141792,25489.394.04$25,096
Jul 201402,16096.564.18$9,028
Jun 201401,94498.164.74$9,208
May 201402,11194.734.73$9,978
Apr 20141832,06195.944.81$27,469
Mar 201402,10495.895.06$10,640
Feb 201401,80797.406.19$11,189
Jan 201402,28290.404.86$11,092
Dec 20131822,17891.824.35$26,195
Nov 201302,12688.853.74$7,948
Oct 201302,63297.423.78$9,947
Sep 201302,176104.113.72$8,090
Aug 201302,298104.253.52$8,095
Jul 20131932,554102.523.72$29,281
Jun 201302,18194.403.93$8,579
May 201302,53594.834.15$10,518
Apr 201302,64893.964.28$11,340
Mar 20131782,88193.623.91$27,937
Feb 201302,65291.233.42$9,070
Jan 201302,78691.603.42$9,528
Dec 20121853,15686.773.42$26,846
Nov 201202,62686.953.62$9,519
Oct 201202,91289.383.40$9,900
Sep 20121802,61494.672.92$24,669
Aug 201203,15792.662.91$9,181
Jul 201203,13185.133.02$9,458
Jun 201203,29479.822.52$8,298
May 20121853,55691.612.49$25,796
Apr 201203,457101.652.00$6,903
Mar 20121813,469105.052.22$26,722
Feb 201203,594101.102.57$9,237
Jan 201202,80698.092.73$7,672
Dec 201103,54796.873.24$11,491
Nov 20111953,55895.723.31$30,447
Oct 201103,99184.983.65$14,561
Sep 20111823,99783.623.99$31,150
Aug 201104,48983.404.15$18,626
Jul 20111784,97294.144.52$39,217
Jun 20111925,05192.904.64$41,273
May 201105,47898.134.40$24,130
Apr 201104,252105.964.33$18,425
Mar 20111943,68696.364.06$33,649
Feb 201103,66485.644.18$15,315
Jan 20111974,00286.504.59$35,405
Dec 20101924,76685.734.35$37,182
Nov 20101945,57480.843.80$36,838
Oct 20101956,27178.103.51$37,234
Sep 20103856,94572.633.98$55,600
Aug 20101898,58573.684.42$51,866
Jul 201038410,04272.554.74$75,423
Jun 201038413,75470.364.91$94,556
May 201057722,13171.124.24$134,766
Apr 20101945,33581.694.12$37,842
Mar 201007,48878.394.39$32,862
Feb 2010086673.585.44$4,713
Jan 20100074.365.96$0
Dec 200902171.445.48$115
Nov 20092481,42174.593.75$23,829
Oct 200901,79272.544.11$7,366
Sep 200901,66165.543.06$5,091
Aug 200901,61367.423.22$5,191
Jul 200901,71461.133.46$5,938
Jun 200901,69466.163.90$6,598
May 200901,64554.743.93$6,458
Apr 20091921,78546.773.59$15,384
Mar 200901,98742.144.06$8,065
Feb 200901,72532.814.63$7,992
Jan 200901,83235.865.37$9,840
Dec 200802,02637.105.98$12,110
Nov 200801,75355.496.86$12,026
Oct 200801,94075.246.92$13,429
Sep 20081931,831101.767.88$34,063
Aug 200802,141114.228.48$18,162
Jul 200802,127131.0811.39$24,225
Jun 200801,932131.3313.03$25,179
May 200802,293123.1711.57$26,540
Apr 20081981,974110.3110.45$42,479
Mar 200802,010101.909.66$19,425
Feb 200802,34392.538.77$20,549
Jan 200802,53290.388.21$20,777
Dec 200702,88288.337.30$21,044
Nov 20071942,78591.677.29$38,091
Oct 200702,29082.856.92$15,851
Sep 200702,22175.846.24$13,868
Aug 200702,58969.066.39$16,538
Jul 200712,33170.906.39$14,961
Jun 20071992,97562.007.55$34,795
May 200713,74558.747.85$29,443
Apr 200712,84759.617.81$22,281
Mar 20072013,58656.927.30$37,626
Feb 200703,34155.108.22$27,450
Jan 200703,87450.306.73$26,060
Dec 200623,98356.656.92$27,669
Nov 200623,71254.207.62$28,384
Oct 2006653854.906.01$3,565
Sep 200618219760.085.04$11,927
Aug 200601,45468.717.34$10,672
Jul 200611,53469.376.34$9,799
Jun 200601,47266.286.38$9,397
May 200602,01466.016.42$12,940
Apr 20061781,01664.397.36$18,940
Mar 200612,41656.707.08$17,169
Feb 2006192357.597.75$7,212
Jan 200622,30760.598.93$20,730
Dec 20051712,88354.9413.42$48,071
Nov 200502,93954.6910.59$31,119
Oct 200502,82358.3413.80$38,945
Sep 20051442,57461.4512.08$39,940
Aug 200513,68561.519.80$36,163
Jul 200503,62355.697.84$28,418
Jun 20051743,72852.337.38$36,622
May 200513,59445.226.65$23,949
Apr 200503,45549.207.36$25,430
Mar 20051782,59950.377.15$27,561
Feb 200502,59045.226.31$16,348
Jan 20051783,29443.166.32$28,508
Dec 200403,04239.866.75$20,537
Nov 200403,25045.286.33$20,574
Oct 20041593,65849.706.52$31,735
Sep 200433,78143.245.28$20,108
Aug 20041673,11242.375.55$24,349
Jul 200413,19138.286.08$19,453
Jun 200434,32236.106.43$27,912
May 20041793,29337.486.49$28,096
Apr 200424,22234.475.86$24,803
Mar 20041913,82334.365.53$27,704
Feb 200423,30232.455.51$18,258
Jan 200432,76132.036.30$17,489
Dec 20031813,13830.266.30$25,252
Nov 200313,63828.804.60$16,746
Oct 20031814,21428.174.76$25,156
Sep 200324,67226.314.75$22,242
Aug 20031845,71429.765.13$34,787
Jul 200315,63729.415.17$29,177
Jun 20031875,46528.565.98$38,038
May 20031828,97526.595.97$58,444
Apr 200389,91626.675.41$53,832
Mar 200319014,60931.146.10$94,974
Feb 200317,90533.487.93$62,688
Jan 20033773,42930.315.58$30,568
Dec 200207,38426.914.85$35,840
Nov 20021848,91824.664.14$41,431
Oct 2002010,48026.464.23$44,321
Sep 200237412,45927.443.64$55,554
Aug 20023915,50025.963.16$50,057
Jul 2002277,13024.583.06$22,494
Jun 2002047123.733.34$1,572
May 20021432,26524.663.58$11,644
Apr 200202,88423.653.51$10,130
Mar 20021813,54222.003.10$14,972
Feb 200203,21218.222.38$7,631
Jan 200203,26717.172.38$7,761
Dec 20011744,17616.932.36$12,820
Nov 200103,81318.072.41$9,172
Oct 20011824,63719.782.53$15,326
Sep 200103,40624.262.25$7,668
Aug 20011803,49624.873.05$15,150
Jul 200104,64723.933.20$14,857
Jun 20011823,45124.563.82$17,667
May 200103,89125.524.31$16,760
Apr 20011782,54324.685.34$17,961
Mar 200154,26924.545.38$23,075
Feb 200103,67327.755.77$21,182
Jan 20011923,70027.478.40$36,350
Dec 200003,74826.889.12$34,191
Nov 200003,73232.215.66$21,116
Oct 20001794,62431.235.15$29,383
Sep 20001794,48631.875.19$28,971
Aug 200009,63229.644.54$43,737
Jul 20001906,49428.534.09$31,980
Jun 20001822,53229.304.40$16,466
May 200006,31427.263.68$23,234
Apr 200004,01524.513.12$12,511
Mar 200006728.422.86$192
Feb 20000027.622.73$0
Jan 20003779,76325.272.48$33,744
Dec 1999014824.282.42$359
Nov 19990023.192.43$0
Oct 199901,23220.982.80$3,454
Sep 19991824,45021.752.62$15,612
Aug 199905,96919.262.88$17,164
Jul 199901,25017.892.37$2,965
Jun 19991776,35215.942.36$17,825
May 19993574,87115.792.32$16,943
Apr 199904,06115.102.21$8,967
Mar 199905,61412.471.84$10,320
Feb 19991852,1339.981.82$5,724
Jan 199936111,65910.381.90$25,899
Dec 19980779.201.77$137
Nov 199805110.892.19$111
Oct 199803,68112.421.97$7,249
Sep 19983556,65812.592.08$18,336
Aug 19981751,61011.301.91$5,048
Jul 199806,32711.742.24$14,155
Jun 19983546,77211.242.24$19,130
May 19981917,41812.622.21$18,777
Apr 199807,43413.042.51$18,625
Mar 19983578,63112.802.31$24,502
Feb 19983607,91413.952.30$23,217
Jan 19983619,60314.702.15$25,999
Dec 199709,15816.322.41$22,081
Nov 19973559,28118.193.09$35,120
Oct 199718810,96319.253.15$38,150
Sep 199718711,15017.742.95$36,264
Aug 199718911,42117.862.55$32,553
Jul 199755912,24217.582.25$37,334
Jun 199718614,11917.242.26$35,076
May 19971785,53118.972.31$16,145
Apr 199735914,60517.882.08$36,838
Mar 199756014,15718.951.94$38,064
Feb 199773319,85520.492.21$58,817
Jan 199736114,33023.483.54$59,200
Dec 199654321,71823.32$12,663
Nov 199655324,94721.97$12,149
Oct 199691131,68923.31$21,235
Sep 199672218,09422.22$16,043
Aug 199653616,20320.26$10,859
Jul 199670623,69319.55$13,802
Jun 199671211,44318.73$13,336
May 199655024,91519.43$10,687
Apr 199691322,26221.51$19,639
Mar 199691427,22919.38$17,713
Feb 199671031,68016.98$12,056
Jan 199693635,13217.07$15,978
Dec 19951,11338,35117.19$19,132
Nov 19951,62946,89916.00$26,064
Oct 19951,43058,52015.43$22,065
Sep 19951,48062,23016.18$23,946
Aug 19951,45077,65615.92$23,084
Jul 19952,17092,54115.24$33,071
Jun 19952,14591,34816.41$35,199
May 19953,612121,99717.56$63,427
Apr 19954,773148,28717.73$84,625
Mar 19956,032198,94716.44$99,166
Feb 19952,58698,82516.58$42,876

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                1,493 Mcf  × $  3.05 =     $4,547

────────────────────────────────────────────────────
Month total                                   $4,547

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/154582 is the state's own key, not one this site invented.