SHARON

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 154704District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
May 1995 – May 2026
Value, last 12 filed months
$21 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 Gas111996-01-22133990
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
CondensateDisposition23,709 bbl$522,914
GasProduction2,024,444 Mcf$4,752,905
Total$5,275,819

814,138 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 30.2632, -96.7558. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.26319, -96.75576 · 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
10,978 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 10,978 ft.

Completions filed
May 1995
1 of 1 wells

1 well

42-287324661RH10,978 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 20260365106.413.05$1,112
Apr 2026049498.932.87$1,418
Mar 2026050889.753.15$1,600
Feb 2026045563.503.75$1,706
Jan 2026036059.138.00$2,879
Dec 2025048956.664.41$2,158
Nov 2025058558.593.93$2,297
Oct 2025035159.383.30$1,160
Sep 2025048962.743.08$1,505
Aug 2025948463.933.01$2,035
Jul 2025049666.743.32$1,644
Jun 2025048166.483.13$1,505
May 2025051060.553.23$1,648
Apr 2025051062.363.54$1,807
Mar 2025056567.704.27$2,412
Feb 2025070170.884.34$3,043
Jan 202507074.324.28$300
Dec 2024025168.993.12$783
Nov 2024050069.052.20$1,099
Oct 2024052271.372.28$1,191
Sep 2024048769.612.36$1,151
Aug 2024040675.632.06$838
Jul 2024036279.932.15$777
Jun 2024041778.082.63$1,098
May 2024063278.812.20$1,389
Apr 2024012684.451.66$209
Mar 2024044880.301.55$692
Feb 2024037976.091.78$676
Jan 2024041873.023.30$1,378
Dec 2023047571.262.61$1,240
Nov 2023029277.892.81$820
Oct 2023040385.443.09$1,244
Sep 2023048989.042.74$1,337
Aug 2023051880.522.67$1,385
Jul 2023047774.852.64$1,260
Jun 2023050168.962.26$1,132
May 2023053470.622.23$1,189
Apr 2023045678.122.24$1,020
Mar 2023052672.852.39$1,259
Feb 2023044575.112.47$1,097
Jan 2023052176.533.39$1,765
Dec 2022050376.415.73$2,882
Nov 2022049285.005.65$2,778
Oct 2022051087.185.86$2,991
Sep 2022050384.888.16$4,106
Aug 2022052594.529.13$4,792
Jul 20220527101.587.54$3,975
Jun 20220510115.097.98$4,068
May 20220582109.378.43$4,908
Apr 20220490104.226.84$3,350
Mar 20220474108.885.08$2,406
Feb 2022050491.054.86$2,449
Jan 2022053381.844.54$2,419
Dec 2021053171.323.90$2,070
Nov 2021053777.435.24$2,812
Oct 2021047679.795.71$2,720
Sep 2021052469.865.35$2,804
Aug 2021052666.024.22$2,220
Jul 2021054670.783.98$2,174
Jun 2021049569.493.38$1,673
May 2021059663.483.02$1,799
Apr 2021047960.362.76$1,321
Mar 2021057661.302.72$1,565
Feb 2021047657.805.55$2,641
Jan 2021055550.412.81$1,560
Dec 2020054144.642.68$1,447
Nov 2020054038.772.71$1,462
Oct 2020057236.972.48$1,418
Sep 2020056137.091.99$1,117
Aug 2020056539.982.39$1,348
Jul 2020056438.371.83$1,029
Jun 2020053234.901.69$899
May 2020054316.921.81$985
Apr 2020054514.751.80$983
Mar 2020056930.341.86$1,056
Feb 2020055449.881.98$1,097
Jan 2020059957.252.09$1,255
Dec 2019058259.012.30$1,341
Nov 2019056155.302.75$1,543
Oct 2019061453.472.42$1,485
Sep 2019057055.052.66$1,515
Aug 2019060553.112.30$1,394
Jul 2019057356.272.46$1,410
Jun 2019059352.782.49$1,477
May 2019056058.482.74$1,535
Apr 2019056262.632.75$1,546
Mar 2019056556.803.06$1,730
Feb 2019053050.852.79$1,480
Jan 2019060246.033.23$1,943
Dec 2018056346.594.19$2,356
Nov 2018057552.934.24$2,436
Oct 2018059161.443.40$2,008
Sep 2018057159.543.11$1,775
Aug 2018060659.403.07$1,858
Jul 2018060165.142.93$1,762
Jun 2018056960.183.08$1,751
May 2018059965.382.90$1,738
Apr 2018059663.842.90$1,729
Mar 2018063461.222.79$1,767
Feb 2018058161.782.77$1,607
Jan 2018062662.874.01$2,510
Dec 2017062457.272.92$1,823
Nov 2017061955.423.12$1,930
Oct 2017066849.292.98$1,993
Sep 2017069647.523.09$2,149
Aug 2017050845.373.00$1,526
Jul 2017061843.873.09$1,908
Jun 2017061942.493.09$1,911
May 2017064245.373.26$2,095
Apr 2017062047.933.21$1,991
Mar 2017065346.772.98$1,948
Feb 2017059050.452.95$1,742
Jan 2017065949.413.42$2,253
Dec 2016066148.763.72$2,461
Nov 2016064842.492.64$1,714
Oct 2016067146.193.09$2,074
Sep 2016066841.553.10$2,071
Aug 2016066241.442.92$1,936
Jul 2016066841.622.92$1,953
Jun 2016064645.352.69$1,735
May 2016067942.521.99$1,352
Apr 2016066436.561.99$1,322
Mar 2016068333.011.79$1,225
Feb 2016067426.472.06$1,391
Jan 2016071427.352.36$1,688
Dec 2015073232.362.00$1,465
Nov 2015070638.792.17$1,530
Oct 2015070243.552.43$1,703
Sep 2015071742.992.76$1,978
Aug 2015069640.162.87$1,999
Jul 2015071148.152.95$2,094
Jun 2015072156.152.88$2,079
May 2015069455.212.96$2,051
Apr 2015067949.822.71$1,838
Mar 2015074442.892.93$2,183
Feb 2015067444.662.98$2,006
Jan 2015077943.433.10$2,415
Dec 2014076954.693.59$2,762
Nov 2014071970.464.25$3,057
Oct 2014075378.303.90$2,937
Sep 2014071786.164.05$2,901
Aug 2014074989.394.04$3,022
Jul 2014076596.564.18$3,197
Jun 2014060098.164.74$2,842
May 2014077494.734.73$3,658
Apr 2014076595.944.81$3,679
Mar 2014075095.895.06$3,793
Feb 2014072897.406.19$4,508
Jan 2014076290.404.86$3,704
Dec 2013077591.824.35$3,375
Nov 2013077388.853.74$2,890
Oct 2013081097.423.78$3,061
Sep 20130738104.113.72$2,744
Aug 20130778104.253.52$2,741
Jul 20130799102.523.72$2,970
Jun 2013077894.403.93$3,060
May 2013098594.834.15$4,087
Apr 2013048293.964.28$2,064
Mar 2013078993.623.91$3,087
Feb 2013071591.233.42$2,445
Jan 2013082091.603.42$2,804
Dec 2012084886.773.42$2,900
Nov 2012080686.953.62$2,922
Oct 2012082889.383.40$2,815
Sep 2012080494.672.92$2,346
Aug 2012085392.662.91$2,481
Jul 2012082785.133.02$2,498
Jun 2012083979.822.52$2,113
May 2012091191.612.49$2,267
Apr 20120801101.652.00$1,599
Mar 20120848105.052.22$1,884
Feb 20120809101.102.57$2,079
Jan 2012085498.092.73$2,335
Dec 2011089896.873.24$2,909
Nov 2011087695.723.31$2,901
Oct 2011089684.983.65$3,269
Sep 2011084183.623.99$3,352
Aug 2011089983.404.15$3,730
Jul 2011092094.144.52$4,156
Jun 2011092892.904.64$4,306
May 2011092698.134.40$4,079
Apr 20110915105.964.33$3,965
Mar 2011096196.364.06$3,899
Feb 2011086085.644.18$3,595
Jan 2011095586.504.59$4,382
Dec 2010095485.734.35$4,148
Nov 2010095980.843.80$3,640
Oct 2010099978.103.51$3,505
Sep 2010097172.633.98$3,864
Aug 2010099873.684.42$4,411
Jul 201001,06072.554.74$5,021
Jun 2010087270.364.91$4,282
May 201001,03571.124.24$4,383
Apr 2010085881.694.12$3,537
Mar 201001,06078.394.39$4,652
Feb 20106191873.585.44$9,484
Jan 201001,03574.365.96$6,173
Dec 200901,02771.445.48$5,632
Nov 200901,04374.593.75$3,913
Oct 200901,05472.544.11$4,332
Sep 2009098365.543.06$3,013
Aug 200901,02667.423.22$3,302
Jul 200901,03861.133.46$3,596
Jun 200901,02866.163.90$4,004
May 200901,06754.743.93$4,189
Apr 200901,05446.773.59$3,781
Mar 200901,10942.144.06$4,501
Feb 200901,00932.814.63$4,675
Jan 200901,14635.865.37$6,155
Dec 200801,10337.105.98$6,593
Nov 200801,13555.496.86$7,787
Oct 200801,18375.246.92$8,189
Sep 200801,087101.767.88$8,562
Aug 200801,111114.228.48$9,425
Jul 200801,107131.0811.39$12,608
Jun 200801,108131.3313.03$14,440
May 200801,123123.1711.57$12,998
Apr 200801,093110.3110.45$11,427
Mar 200801,161101.909.66$11,220
Feb 2008099392.538.77$8,709
Jan 200801,20390.388.21$9,871
Dec 200701,14288.337.30$8,339
Nov 200701,20991.677.29$8,816
Oct 200701,38682.856.92$9,594
Sep 200701,11975.846.24$6,987
Aug 200701,31369.066.39$8,387
Jul 20071071,33670.906.39$16,121
Jun 200701,29762.007.55$9,790
May 200701,32258.747.85$10,373
Apr 200701,35359.617.81$10,560
Mar 200701,38456.927.30$10,106
Feb 200701,18855.108.22$9,761
Jan 200701,26450.306.73$8,503
Dec 200601,37456.656.92$9,506
Nov 200601,46254.207.62$11,137
Oct 200601,49654.906.01$8,997
Sep 200601,44060.085.04$7,254
Aug 200601,58468.717.34$11,626
Jul 200601,51569.376.34$9,609
Jun 20061751,69366.286.38$22,407
May 200602,37966.016.42$15,285
Apr 200602,37164.397.36$17,452
Mar 200602,63556.707.08$18,663
Feb 200612,03057.597.75$15,792
Jan 200633,66660.598.93$32,931
Dec 20051894,45554.9413.42$70,149
Nov 200512,41554.6910.59$25,626
Oct 200502,50758.3413.80$34,586
Sep 200515,89061.4512.08$71,207
Aug 2005011,75661.519.80$115,172
Jul 20051865,41455.697.84$52,824
Jun 200505,57952.337.38$41,179
May 20051795,46045.226.65$44,410
Apr 200515,50449.207.36$40,561
Mar 20051825,74450.377.15$50,265
Feb 200504,98245.226.31$31,446
Jan 20051866,16643.166.32$47,010
Dec 200405,92839.866.75$40,020
Nov 20041836,17545.286.33$47,377
Oct 200405,98949.706.52$39,019
Sep 200415,97643.245.28$31,620
Aug 20041845,84242.375.55$40,223
Jul 200417,59138.286.08$46,223
Jun 20041866,44236.106.43$48,156
May 200406,20037.486.49$40,266
Apr 20041835,97734.475.86$41,324
Mar 200416,29234.365.53$34,830
Feb 20041856,46332.455.51$41,612
Jan 200406,25532.036.30$39,404
Dec 20031836,81830.266.30$48,502
Nov 20031886,40428.804.60$34,842
Oct 200305,89328.174.76$28,049
Sep 200316,28426.314.75$29,871
Aug 20031876,82629.765.13$40,581
Jul 200306,33429.415.17$32,752
Jun 20031876,17328.565.98$42,274
May 200306,27526.595.97$37,479
Apr 20031796,63326.675.41$40,640
Mar 200306,97231.146.10$42,502
Feb 20031956,81033.487.93$60,504
Jan 20031917,11430.315.58$45,500
Dec 200206,82526.914.85$33,127
Nov 20021856,82124.664.14$32,780
Oct 200206,78126.464.23$28,678
Sep 20021926,57427.443.64$29,166
Aug 200206,83725.963.16$21,633
Jul 200206,81424.583.06$20,863
Jun 20021845,54723.733.34$22,884
May 200207,12824.663.58$25,547
Apr 20021967,89023.653.51$32,348
Mar 200206,70022.003.10$20,788
Feb 20021906,91418.222.38$19,887
Jan 200216,19617.172.38$14,737
Dec 20011847,74616.932.36$21,430
Nov 20011826,86218.072.41$19,795
Oct 200118,04619.782.53$20,367
Sep 20011937,36324.262.25$21,259
Aug 200108,10424.873.05$24,743
Jul 20011857,69123.933.20$29,016
Jun 200107,44024.563.82$28,452
May 20011838,34125.524.31$40,598
Apr 200107,96224.685.34$42,480
Mar 20011888,39124.545.38$49,727
Feb 20011967,86227.755.77$50,780
Jan 200108,50227.478.40$71,406
Dec 20001899,06626.889.12$87,785
Nov 20001879,06032.215.66$57,285
Oct 20001779,01431.235.15$51,909
Sep 200009,07331.875.19$47,057
Aug 20001819,49129.644.54$48,461
Jul 200009,73328.534.09$39,806
Jun 20001749,01529.304.40$44,739
May 20001859,95227.263.68$41,664
Apr 200009,18824.513.12$28,630
Mar 20001879,42528.422.86$32,268
Feb 20001888,76027.622.73$29,077
Jan 200009,65525.272.48$23,949
Dec 19991809,99824.282.42$28,603
Nov 19991789,23223.192.43$26,598
Oct 199918010,03520.982.80$31,912
Sep 1999010,04121.752.62$26,296
Aug 199917211,75219.262.88$37,107
Jul 1999010,11617.892.37$23,999
Jun 19991729,96015.942.36$26,268
May 19991779,42415.792.32$24,668
Apr 1999010,33015.102.21$22,809
Mar 199917311,17012.471.84$22,691
Feb 199917910,9929.981.82$21,768
Jan 199917811,74410.381.90$24,161
Dec 199818510,9649.201.77$21,145
Nov 199818110,69410.892.19$25,345
Oct 199817612,43112.421.97$26,665
Sep 1998012,76212.592.08$26,578
Aug 199817413,58111.301.91$27,870
Jul 199817013,93511.742.24$33,172
Jun 199818313,93311.242.24$33,229
May 1998014,87512.622.21$32,819
Apr 199817614,33813.042.51$38,216
Mar 199835315,39712.802.31$40,077
Feb 199816813,85513.952.30$34,198
Jan 199816615,13614.702.15$35,055
Dec 199718015,91116.322.41$41,301
Nov 199735616,33518.193.09$56,922
Oct 199718117,23319.253.15$57,765
Sep 199717017,10417.742.95$53,556
Aug 199718118,21717.862.55$49,772
Jul 199717318,39817.582.25$44,381
Jun 199718119,94717.242.26$48,145
May 199717619,94718.972.31$49,386
Apr 199735819,85617.882.08$47,757
Mar 199718621,18018.951.94$44,596
Feb 199736919,43920.492.21$50,441
Jan 199719222,28223.483.54$83,380
Dec 199637223,55723.32$8,675
Nov 199638123,59221.97$8,371
Oct 199618725,40723.31$4,359
Sep 199633726,08022.22$7,488
Aug 199627128,43520.26$5,490
Jul 199628829,43219.55$5,630
Jun 199649130,79018.73$9,196
May 199638232,79819.43$7,422
Apr 199637033,04121.51$7,959
Mar 199637636,67819.38$7,287
Feb 199655534,22916.98$9,424
Jan 199655439,79417.07$9,457
Dec 199560142,15517.19$10,331
Nov 199535844,40116.00$5,728
Oct 199592049,95515.43$14,196
Sep 199535558,59516.18$5,744
Aug 199575364,29915.92$11,988
Jul 199594273,15915.24$14,356
Jun 19951,748103,14016.41$28,685
May 1995014,60117.56$0

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                  365 Mcf  × $  3.05 =     $1,112

────────────────────────────────────────────────────
Month total                                   $1,112

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/154704 is the state's own key, not one this site invented.