TURKEY CREEK

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 154615District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.8 M
May 1995 – May 2026
Value, last 12 filed months
$36 k
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 Gas111995-07-31132245
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
CondensateDisposition23,897 bbl$488,115
GasProduction4,274,147 Mcf$6,349,222
Total$6,837,337

2,545,965 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 30.4741, -96.0697. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.47406, -96.06966 · 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
17,845 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 17,845 ft.

Completions filed
May 1995
1 of 1 wells

1 well

42-185305011H17,845 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 20260788106.413.05$2,400
Apr 2026049198.932.87$1,409
Mar 2026020689.753.15$649
Feb 2026073663.503.75$2,760
Jan 20260059.138.00$0
Dec 2025085456.664.41$3,769
Nov 202501,16558.593.93$4,574
Oct 202511,19159.383.30$3,995
Sep 202501,43562.743.08$4,415
Aug 202501,38363.933.01$4,169
Jul 202501,24766.743.32$4,134
Jun 202501,24466.483.13$3,892
May 202501,04460.553.23$3,375
Apr 202501,32462.363.54$4,691
Mar 202501,54767.704.27$6,603
Feb 202501,95370.884.34$8,478
Jan 20250074.324.28$0
Dec 2024043368.993.12$1,352
Nov 202404069.052.20$88
Oct 2024066571.372.28$1,517
Sep 2024075169.612.36$1,776
Aug 2024057275.632.06$1,180
Jul 2024061179.932.15$1,312
Jun 202401,58478.082.63$4,172
May 202411,80478.812.20$4,045
Apr 2024070084.451.66$1,161
Mar 2024052480.301.55$810
Feb 202401,70476.091.78$3,039
Jan 2024085973.023.30$2,833
Dec 202301,36071.262.61$3,551
Nov 202301,52577.892.81$4,282
Oct 202301,24885.443.09$3,853
Sep 202301,35189.042.74$3,695
Aug 2023094580.522.67$2,526
Jul 202301,10574.852.64$2,919
Jun 2023089968.962.26$2,030
May 2023298670.622.23$2,337
Apr 202301,11878.122.24$2,502
Mar 202301,56772.852.39$3,750
Feb 202301,05575.112.47$2,601
Jan 2023062776.533.39$2,124
Dec 202201,06476.415.73$6,096
Nov 202201,32885.005.65$7,498
Oct 202201,17787.185.86$6,902
Sep 202201,28784.888.16$10,507
Aug 202201,48194.529.13$13,517
Jul 202201,304101.587.54$9,835
Jun 202201,380115.097.98$11,009
May 202201,449109.378.43$12,219
Apr 202201,389104.226.84$9,497
Mar 202201,455108.885.08$7,386
Feb 202201,31891.054.86$6,404
Jan 202201,42681.844.54$6,471
Dec 202101,47571.323.90$5,751
Nov 202101,37177.435.24$7,180
Oct 202101,28679.795.71$7,348
Sep 202101,35669.865.35$7,256
Aug 202101,55066.024.22$6,542
Jul 202101,50270.783.98$5,981
Jun 202101,48269.493.38$5,010
May 202101,86963.483.02$5,640
Apr 202101,31360.362.76$3,622
Mar 202101,79361.302.72$4,871
Feb 202101,30057.805.55$7,212
Jan 202101,56750.412.81$4,404
Dec 202001,46944.642.68$3,930
Nov 202001,86838.772.71$5,056
Oct 202001,66136.972.48$4,117
Sep 202001,97137.091.99$3,924
Aug 202002,11539.982.39$5,044
Jul 202001,88638.371.83$3,442
Jun 202001,99034.901.69$3,364
May 202002,49716.921.81$4,531
Apr 202002,23914.751.80$4,040
Mar 202001,22230.341.86$2,268
Feb 202001,20049.881.98$2,377
Jan 202001,38957.252.09$2,910
Dec 201901,69559.012.30$3,906
Nov 201901,78555.302.75$4,910
Oct 201901,36153.472.42$3,292
Sep 201901,77855.052.66$4,725
Aug 2019022553.112.30$518
Jul 201901,30856.272.46$3,218
Jun 201902,59752.782.49$6,470
May 2019014958.482.74$408
Apr 2019043862.632.75$1,205
Mar 2019054756.803.06$1,675
Feb 2019054950.852.79$1,533
Jan 2019034946.033.23$1,127
Dec 2018419846.594.19$1,015
Nov 2018841,09352.934.24$9,077
Oct 201841,48661.443.40$5,295
Sep 2018451459.543.11$1,836
Aug 201841,46759.403.07$4,736
Jul 201801,68865.142.93$4,949
Jun 201801,55660.183.08$4,788
May 2018089065.382.90$2,582
Apr 2018075963.842.90$2,202
Mar 201801,22661.222.79$3,417
Feb 201801,38161.782.77$3,820
Jan 201802,05162.874.01$8,223
Dec 2017097257.272.92$2,840
Nov 201701,52955.423.12$4,768
Oct 201701,48449.292.98$4,428
Sep 201701,35747.523.09$4,189
Aug 201701,17545.373.00$3,530
Jul 201701,35643.873.09$4,186
Jun 2017731,68642.493.09$8,307
May 201701,43645.373.26$4,686
Apr 201701,75047.933.21$5,620
Mar 201702,92146.772.98$8,715
Feb 201701,72350.452.95$5,087
Jan 201701,60849.413.42$5,497
Dec 201601,68648.763.72$6,277
Nov 201601,70642.492.64$4,511
Oct 201601,63446.193.09$5,049
Sep 201601,73641.553.10$5,383
Aug 201601,71341.442.92$5,009
Jul 201601,76841.622.92$5,170
Jun 201601,72445.352.69$4,630
May 201601,98042.521.99$3,942
Apr 201601,69536.561.99$3,375
Mar 201602,40233.011.79$4,309
Feb 2016085726.472.06$1,769
Jan 201601,79327.352.36$4,239
Dec 2015932,56932.362.00$8,151
Nov 2015096238.792.17$2,085
Oct 201501,77543.552.43$4,307
Sep 201502,27342.992.76$6,270
Aug 201501,11840.162.87$3,211
Jul 201501,23148.152.95$3,625
Jun 201501,65756.152.88$4,777
May 201502,02255.212.96$5,976
Apr 201501,19549.822.71$3,234
Mar 201501,48542.892.93$4,358
Feb 201502,54544.662.98$7,574
Jan 201501,10943.433.10$3,439
Dec 201401,47454.693.59$5,294
Nov 201402,44270.464.25$10,383
Oct 201401,09678.303.90$4,275
Sep 201401,15786.164.05$4,681
Aug 201403,13689.394.04$12,654
Jul 201401,82696.564.18$7,632
Jun 201401,39098.164.74$6,584
May 201401,53894.734.73$7,269
Apr 201402,18895.944.81$10,522
Mar 201402,56595.895.06$12,971
Feb 2014085497.406.19$5,288
Jan 201401,23890.404.86$6,018
Dec 201301,64891.824.35$7,176
Nov 20131871,50488.853.74$22,237
Oct 201301,77297.423.78$6,697
Sep 201301,515104.113.72$5,632
Aug 201302,265104.253.52$7,979
Jul 201302,769102.523.72$10,294
Jun 201302,59694.403.93$10,211
May 201301,88294.834.15$7,809
Apr 201301,27593.964.28$5,460
Mar 201301,94093.623.91$7,591
Feb 201301,64991.233.42$5,639
Jan 201302,37591.603.42$8,122
Dec 201201,79886.773.42$6,149
Nov 201201,65586.953.62$5,999
Oct 201201,79889.383.40$6,113
Sep 201201,96994.672.92$5,746
Aug 201201,85592.662.91$5,395
Jul 201201,87885.133.02$5,673
Jun 201202,09579.822.52$5,277
May 201201,97691.612.49$4,917
Apr 201202,137101.652.00$4,267
Mar 201202,143105.052.22$4,762
Feb 201201,902101.102.57$4,889
Jan 201202,23098.092.73$6,097
Dec 201102,18296.873.24$7,069
Nov 201101,86395.723.31$6,169
Oct 201101,99884.983.65$7,290
Sep 201102,04783.623.99$8,159
Aug 201102,05183.404.15$8,510
Jul 201102,27394.144.52$10,268
Jun 201102,08592.904.64$9,674
May 201102,08998.134.40$9,202
Apr 201101,996105.964.33$8,649
Mar 201101,99896.364.06$8,107
Feb 20111892,04985.644.18$24,751
Jan 201102,29286.504.59$10,517
Dec 201002,30685.734.35$10,026
Nov 201002,37080.843.80$8,995
Oct 201002,49578.103.51$8,755
Sep 201002,58672.633.98$10,291
Aug 201002,82073.684.42$12,463
Jul 201002,79272.554.74$13,224
Jun 201002,74370.364.91$13,469
May 201002,77671.124.24$11,757
Apr 201002,17881.694.12$8,979
Mar 201002,76078.394.39$12,113
Feb 201002,56273.585.44$13,943
Jan 201002,62674.365.96$15,662
Dec 200902,62171.445.48$14,373
Nov 200902,76674.593.75$10,377
Oct 200902,77872.544.11$11,418
Sep 200902,91765.543.06$8,940
Aug 200903,04867.423.22$9,810
Jul 200903,68661.133.46$12,770
Jun 200902,52666.163.90$9,839
May 200903,18554.743.93$12,504
Apr 200903,09346.773.59$11,096
Mar 20091093,22042.144.06$17,663
Feb 200912,91332.814.63$13,529
Jan 200903,22435.865.37$17,316
Dec 200802,75837.105.98$16,485
Nov 200803,13955.496.86$21,535
Oct 200802,84175.246.92$19,665
Sep 200802,646101.767.88$20,843
Aug 200802,966114.228.48$25,161
Jul 200803,132131.0811.39$35,672
Jun 200803,173131.3313.03$41,353
May 200803,539123.1711.57$40,961
Apr 200803,737110.3110.45$39,070
Mar 200813,445101.909.66$33,395
Feb 200803,32792.538.77$29,180
Jan 20081093,76290.388.21$40,721
Dec 200703,56488.337.30$26,024
Nov 200703,49091.677.29$25,448
Oct 200703,30482.856.92$22,870
Sep 200703,45475.846.24$21,567
Aug 200703,45769.066.39$22,083
Jul 20071003,51570.906.39$29,544
Jun 200713,18762.007.55$24,119
May 200703,54658.747.85$27,823
Apr 200703,52659.617.81$27,521
Mar 200703,63256.927.30$26,521
Feb 200703,01955.108.22$24,804
Jan 200703,60150.306.73$24,223
Dec 200603,34056.656.92$23,108
Nov 200603,51254.207.62$26,753
Oct 200603,42354.906.01$20,585
Sep 200603,79460.085.04$19,111
Aug 20061024,01368.717.34$36,464
Jul 200604,23469.376.34$26,855
Jun 200603,84266.286.38$24,527
May 200613,92866.016.42$25,303
Apr 200604,13664.397.36$30,443
Mar 200623,94256.707.08$28,034
Feb 200603,73557.597.75$28,950
Jan 200604,19160.598.93$37,440
Dec 20051344,32054.9413.42$65,316
Nov 200504,16854.6910.59$44,132
Oct 200503,98058.3413.80$54,907
Sep 200503,60661.4512.08$43,557
Aug 200504,15361.519.80$40,686
Jul 200504,40855.697.84$34,575
Jun 200504,25752.337.38$31,421
May 200504,62645.226.65$30,768
Apr 200514,40149.207.36$32,443
Mar 200504,55250.377.15$32,569
Feb 2005954,36345.226.31$31,835
Jan 200504,55143.166.32$28,772
Dec 200404,68139.866.75$31,602
Nov 200404,72945.286.33$29,937
Oct 200404,23349.706.52$27,578
Sep 200414,87543.245.28$25,802
Aug 200405,30042.375.55$29,419
Jul 200414,68438.286.08$28,537
Jun 200405,10336.106.43$32,828
May 200405,43537.486.49$35,298
Apr 20041924,72634.475.86$34,305
Mar 200405,46534.365.53$30,222
Feb 200405,04532.455.51$27,796
Jan 200405,82332.036.30$36,683
Dec 200305,93130.266.30$37,375
Nov 200305,45628.804.60$25,071
Oct 200305,95328.174.76$28,334
Sep 200306,23326.314.75$29,603
Aug 200305,41429.765.13$27,772
Jul 200307,29529.415.17$37,721
Jun 200303,96828.565.98$23,740
May 200304,97726.595.97$29,726
Apr 20031605,74026.675.41$35,305
Mar 200305,66631.146.10$34,540
Feb 200304,90833.487.93$38,900
Jan 200306,04330.315.58$33,732
Dec 200206,21926.914.85$30,186
Nov 200205,39924.664.14$22,335
Oct 20021824,92226.464.23$25,631
Sep 200203,84627.443.64$13,981
Aug 200204,47725.963.16$14,166
Jul 200203,38324.583.06$10,358
Jun 200203,31123.733.34$11,053
May 20021785,66124.663.58$24,679
Apr 200203,28123.653.51$11,524
Mar 200206,96822.003.10$21,620
Feb 200204,24418.222.38$10,082
Jan 200206,29517.172.38$14,955
Dec 200105,32516.932.36$12,590
Nov 200104,53418.072.41$10,907
Oct 200101,88519.782.53$4,767
Sep 20011342,50124.262.25$8,881
Aug 200103,35024.873.05$10,228
Jul 200104,38723.933.20$14,026
Jun 200105,97324.563.82$22,842
May 20011813,79325.524.31$20,957
Apr 200104,55824.685.34$24,318
Mar 200104,88924.545.38$26,285
Feb 200104,49827.755.77$25,940
Jan 200107,53927.478.40$63,318
Dec 20001906,64926.889.12$65,763
Nov 200008,16732.215.66$46,209
Oct 200009,02331.235.15$46,428
Sep 2000019,32731.875.19$100,239
Aug 200009,48729.644.54$43,078
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 200004,47927.263.68$16,482
Apr 200001,18224.513.12$3,683
Mar 20001806,86528.422.86$24,748
Feb 2000014,77627.622.73$40,287
Jan 200006,09925.272.48$15,129
Dec 199918412,96024.282.42$35,879
Nov 1999014,07723.192.43$34,263
Oct 1999014,59220.982.80$40,912
Sep 199917818,88421.752.62$53,326
Aug 1999017,04219.262.88$49,006
Jul 199917817,61217.892.37$44,967
Jun 199909,67115.942.36$22,844
May 199908,07515.792.32$18,742
Apr 1999674,84115.102.21$11,701
Mar 199917016,65012.471.84$32,728
Feb 1999016,6519.981.82$30,268
Jan 199917717,52410.381.90$35,132
Dec 199818110,6489.201.77$20,548
Nov 1998027,35010.892.19$59,779
Oct 199835737,53012.421.97$78,338
Sep 1998028,97412.592.08$60,342
Aug 199803,96611.301.91$7,565
Jul 199808,31611.742.24$18,605
Jun 1998010,07811.242.24$22,547
May 199809,65512.622.21$21,302
Apr 199807,20013.042.51$18,038
Mar 199816524,00312.802.31$57,545
Feb 199817723,21113.952.30$55,834
Jan 199818237,00214.702.15$82,407
Dec 1997027,31016.322.41$65,847
Nov 199717541,40018.193.09$131,037
Oct 199723631,79719.253.15$104,698
Sep 1997039,54017.742.95$116,836
Aug 199717045,27217.862.55$118,694
Jul 199716943,58717.582.25$100,908
Jun 199717243,57117.242.26$101,314
May 199737458,88818.972.31$143,038
Apr 199716829,04417.882.08$63,496
Mar 199718844,96618.951.94$90,758
Feb 199735338,61620.492.21$92,416
Jan 199716943,23323.483.54$157,000
Dec 199637348,53723.32$8,698
Nov 199617751,12721.97$3,889
Oct 199630957,24123.31$7,203
Sep 199641454,95922.22$9,199
Aug 199633065,27620.26$6,686
Jul 199628672,14319.55$5,591
Jun 199652675,91018.73$9,852
May 199654486,03619.43$10,570
Apr 199635694,12421.51$7,658
Mar 1996529131,62919.38$10,252
Feb 1996749124,74516.98$12,718
Jan 1996713140,75917.07$12,171
Dec 199538080,62217.19$6,532
Nov 1995946144,76716.00$15,136
Oct 19951,128165,50115.43$17,405
Sep 1995925135,66416.18$14,967
Aug 19951,258168,57015.92$20,027
Jul 19952,403309,13015.24$36,622
Jun 19953,248320,54416.41$53,300
May 19951,412218,68117.56$24,795

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                  788 Mcf  × $  3.05 =     $2,400

────────────────────────────────────────────────────
Month total                                   $2,400

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/154615 is the state's own key, not one this site invented.