WALTRIP

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 154729District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.8 M
May 1995 – May 2026
Value, last 12 filed months
$6 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 Gas111995-08-04132246
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
CondensateDisposition69,349 bbl$1,449,791
GasProduction8,658,273 Mcf$13,395,881
Total$14,845,672

4,729,356 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 30.5262, -96.0726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.52623, -96.07264 · 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
15,882 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 15,882 ft.

Completions filed
May 1995
1 of 1 wells

1 well

42-185305081H15,882 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 20260781106.413.05$2,379
Apr 20260098.932.87$0
Mar 202609189.753.15$287
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202501858.593.93$71
Oct 2025013359.383.30$440
Sep 2025017562.743.08$538
Aug 2025030063.933.01$904
Jul 2025031366.743.32$1,038
Jun 2025019366.483.13$604
May 202515829460.553.23$10,517
Apr 2025031162.363.54$1,102
Mar 2025029167.704.27$1,242
Feb 2025030370.884.34$1,315
Jan 2025037874.324.28$1,617
Dec 2024040268.993.12$1,255
Nov 2024023269.052.20$510
Oct 2024025471.372.28$579
Sep 2024094369.612.36$2,230
Aug 202401,10875.632.06$2,287
Jul 202401,12879.932.15$2,421
Jun 2024069478.082.63$1,828
May 2024032478.812.20$712
Apr 2024025184.451.66$416
Mar 2024041480.301.55$640
Feb 2024031076.091.78$553
Jan 2024039573.023.30$1,303
Dec 2023046671.262.61$1,217
Nov 2023042577.892.81$1,193
Oct 2023027485.443.09$846
Sep 2023026289.042.74$717
Aug 2023051680.522.67$1,379
Jul 2023044974.852.64$1,186
Jun 2023036368.962.26$820
May 2023030070.622.23$668
Apr 2023019278.122.24$430
Mar 2023077472.852.39$1,852
Feb 2023574175.112.47$2,203
Jan 2023079776.533.39$2,700
Dec 2022075176.415.73$4,303
Nov 2022082685.005.65$4,664
Oct 202219575287.185.86$21,410
Sep 2022038684.888.16$3,151
Aug 2022024394.529.13$2,218
Jul 20220478101.587.54$3,605
Jun 20220428115.097.98$3,414
May 20220373109.378.43$3,146
Apr 20220277104.226.84$1,894
Mar 20220111108.885.08$563
Feb 202209691.054.86$466
Jan 2022029581.844.54$1,339
Dec 2021019071.323.90$741
Nov 202101,19077.435.24$6,232
Oct 202101,40079.795.71$7,999
Sep 202101,47569.865.35$7,893
Aug 202101,52266.024.22$6,424
Jul 2021065270.783.98$2,596
Jun 2021011369.493.38$382
May 2021014563.483.02$438
Apr 202101,02260.362.76$2,819
Mar 202101,21061.302.72$3,288
Feb 2021033057.805.55$1,831
Jan 2021013750.412.81$385
Dec 202006944.642.68$185
Nov 2020023938.772.71$647
Oct 202001,94336.972.48$4,816
Sep 202003,87537.091.99$7,715
Aug 202004,98839.982.39$11,897
Jul 202018780738.371.83$8,648
Jun 202005934.901.69$100
May 202006016.921.81$109
Apr 2020013414.751.80$242
Mar 2020025530.341.86$473
Feb 202021,51149.881.98$3,093
Jan 202001,46957.252.09$3,077
Dec 2019060359.012.30$1,390
Nov 201903,12455.302.75$8,593
Oct 201903,86153.472.42$9,338
Sep 2019021455.052.66$569
Aug 201901453.112.30$32
Jul 201905756.272.46$140
Jun 2019036052.782.49$897
May 201904058.482.74$110
Apr 2019052862.632.75$1,452
Mar 201903,00756.803.06$9,208
Feb 201904,67250.852.79$13,045
Jan 201904,29646.033.23$13,868
Dec 201814846.594.19$247
Nov 201802,16452.934.24$9,169
Oct 201801,08261.443.40$3,677
Sep 201802,58159.543.11$8,022
Aug 2018047859.403.07$1,466
Jul 201802,77765.142.93$8,142
Jun 2018074160.183.08$2,280
May 201802,91965.382.90$8,467
Apr 201803,27663.842.90$9,503
Mar 201801,09461.222.79$3,049
Feb 2018037961.782.77$1,048
Jan 2018026662.874.01$1,066
Dec 2017601,56957.272.92$8,020
Nov 201702,17955.423.12$6,795
Oct 201702,09749.292.98$6,257
Sep 201701,90547.523.09$5,881
Aug 201701,89745.373.00$5,699
Jul 201701,24443.873.09$3,841
Jun 201701,35342.493.09$4,177
May 20171591,30745.373.26$11,479
Apr 201701,84347.933.21$5,919
Mar 201702,63046.772.98$7,847
Feb 2017018350.452.95$540
Jan 201701,95949.413.42$6,697
Dec 201601,47448.763.72$5,487
Nov 201602,97442.492.64$7,864
Oct 201604,34046.193.09$13,412
Sep 201604,79641.553.10$14,871
Aug 201601,53941.442.92$4,501
Jul 2016049241.622.92$1,439
Jun 2016041245.352.69$1,107
May 201602,64842.521.99$5,272
Apr 201603,99436.561.99$7,952
Mar 201602,94633.011.79$5,285
Feb 201603,83026.472.06$7,904
Jan 20161863,96527.352.36$14,462
Dec 201504,18332.362.00$8,372
Nov 201501,17038.792.17$2,536
Oct 2015059543.552.43$1,444
Sep 201501,84442.992.76$5,087
Aug 201502,74040.162.87$7,871
Jul 201501,25248.152.95$3,687
Jun 2015042656.152.88$1,228
May 201501,20755.212.96$3,567
Apr 201501,35649.822.71$3,670
Mar 201501,26142.892.93$3,701
Feb 201501,42844.662.98$4,250
Jan 2015091343.433.10$2,831
Dec 2014079354.693.59$2,848
Nov 2014056070.464.25$2,381
Oct 2014055078.303.90$2,146
Sep 2014046586.164.05$1,881
Aug 201402,07989.394.04$8,389
Jul 201402,94596.564.18$12,309
Jun 201403,27798.164.74$15,523
May 201403,31894.734.73$15,683
Apr 20141922,82795.944.81$32,016
Mar 201403,10095.895.06$15,676
Feb 201402,87297.406.19$17,783
Jan 201404,23390.404.86$20,575
Dec 201303,69091.824.35$16,068
Nov 201302,84188.853.74$10,620
Oct 201304,07297.423.78$15,390
Sep 201303,364104.113.72$12,506
Aug 201303,907104.253.52$13,763
Jul 201304,510102.523.72$16,767
Jun 201304,58694.403.93$18,039
May 201304,52194.834.15$18,758
Apr 201303,72293.964.28$15,940
Mar 201305,28793.623.91$20,687
Feb 201304,18991.233.42$14,326
Jan 201303,78991.603.42$12,958
Dec 20121904,66786.773.42$32,448
Nov 201205,13786.953.62$18,621
Oct 201205,16189.383.40$17,546
Sep 201205,48494.672.92$16,005
Aug 201206,18292.662.91$17,978
Jul 201205,44085.133.02$16,433
Jun 201205,43779.822.52$13,696
May 201205,85791.612.49$14,574
Apr 201206,070101.652.00$12,121
Mar 20121935,892105.052.22$33,367
Feb 201205,666101.102.57$14,563
Jan 201206,11298.092.73$16,711
Dec 201106,22496.873.24$20,164
Nov 201106,10295.723.31$20,205
Oct 201106,58684.983.65$24,029
Sep 201106,96283.623.99$27,749
Aug 201107,55483.404.15$31,344
Jul 201105,96094.144.52$26,923
Jun 201107,17592.904.64$33,291
May 20111944,89998.134.40$40,616
Apr 201102,513105.964.33$10,890
Mar 201103,42396.364.06$13,888
Feb 201106,15085.644.18$25,707
Jan 201107,29986.504.59$33,494
Dec 201007,56385.734.35$32,882
Nov 201007,43880.843.80$28,230
Oct 20101977,50678.103.51$41,723
Sep 201007,73572.633.98$30,781
Aug 201008,27473.684.42$36,566
Jul 201008,35572.554.74$39,573
Jun 201007,88370.364.91$38,709
May 201008,37271.124.24$35,457
Apr 201008,07581.694.12$33,291
Mar 201009,19478.394.39$40,349
Feb 201008,59673.585.44$46,783
Jan 20101979,84574.365.96$73,365
Dec 200909,20771.445.48$50,489
Nov 200908,31374.593.75$31,186
Oct 200908,78572.544.11$36,109
Sep 200909,97465.543.06$30,568
Aug 2009011,84267.423.22$38,113
Jul 2009012,32261.133.46$42,690
Jun 2009012,89566.163.90$50,226
May 20097712,49954.743.93$53,283
Apr 2009013,24946.773.59$47,531
Mar 200920414,62842.144.06$67,972
Feb 2009412,56732.814.63$58,354
Jan 20091715,52235.865.37$83,978
Dec 2008918,28637.105.98$109,632
Nov 2008022,84755.496.86$156,739
Oct 20081819,04175.246.92$133,156
Sep 2008752,182101.767.88$24,820
Aug 200814,197114.228.48$35,717
Jul 2008624,836131.0811.39$63,206
Jun 2008204,658131.3313.03$63,333
May 2008624,819123.1711.57$63,413
Apr 200804,548110.3110.45$47,549
Mar 2008304,867101.909.66$50,092
Feb 200814,71592.538.77$41,446
Jan 200815,06390.388.21$41,636
Dec 2007854,65288.337.30$41,477
Nov 2007464,77591.677.29$39,035
Oct 200715,04182.856.92$34,977
Sep 200704,76875.846.24$29,772
Aug 20071024,97669.066.39$38,831
Jul 2007534,92270.906.39$35,199
Jun 200714,88962.007.55$36,966
May 200705,30258.747.85$41,601
Apr 2007965,11659.617.81$45,654
Mar 200705,46956.927.30$39,934
Feb 200715,18055.108.22$42,614
Jan 200705,74850.306.73$38,666
Dec 2006375,91756.656.92$43,032
Nov 20061205,88054.207.62$51,295
Oct 200606,12754.906.01$36,847
Sep 200616,09460.085.04$30,757
Aug 200606,28468.717.34$46,124
Jul 2006946,46269.376.34$47,508
Jun 200616,18666.286.38$39,557
May 200616,62566.016.42$42,632
Apr 20061266,83364.397.36$58,407
Mar 200627,31756.707.08$51,939
Feb 200646,77657.597.75$52,752
Jan 200607,73960.598.93$69,135
Dec 20051987,24154.9413.42$108,019
Nov 200516,72454.6910.59$71,251
Oct 200517,41558.3413.80$102,354
Sep 200508,83561.4512.08$106,718
Aug 200507,68561.519.80$75,289
Jul 20051846,90255.697.84$64,384
Jun 200506,28552.337.38$46,390
May 200507,64145.226.65$50,822
Apr 200517,54449.207.36$55,577
Mar 200518,20250.377.15$58,735
Feb 20052044,27945.226.31$36,234
Jan 200508,23743.166.32$52,076
Dec 200407,22339.866.75$48,763
Nov 200407,47645.286.33$47,326
Oct 200427,84249.706.52$51,191
Sep 200417,74843.245.28$40,983
Aug 20041868,31942.375.55$54,057
Jul 200428,49438.286.08$51,756
Jun 200408,35436.106.43$53,741
May 200409,02737.486.49$58,627
Apr 200407,18434.475.86$42,087
Mar 20042009,19834.365.53$57,738
Feb 200408,75332.455.51$48,226
Jan 200409,45132.036.30$59,538
Dec 200309,39530.266.30$59,204
Nov 200307,67728.804.60$35,277
Oct 20032008,53328.174.76$46,248
Sep 200308,57026.314.75$40,702
Aug 200309,11229.765.13$46,742
Jul 200309,36829.415.17$48,440
Jun 200309,02628.565.98$54,002
May 20031759,31526.595.97$60,289
Apr 200309,54826.675.41$51,629
Mar 200309,99531.146.10$60,930
Feb 2003020,56233.487.93$162,972
Jan 200318421,79930.315.58$127,260
Dec 2002020,58526.914.85$99,915
Nov 2002021,26824.664.14$87,985
Oct 200218125,13326.464.23$111,080
Sep 2002026,82927.443.64$97,529
Aug 2002027,84725.963.16$88,112
Jul 200218428,07624.583.06$90,485
Jun 2002029,57223.733.34$98,718
May 2002032,90724.663.58$117,939
Apr 200218233,25223.653.51$121,096
Mar 2002036,64722.003.10$113,705
Feb 200218331,39818.222.38$77,926
Jan 200217936,66917.172.38$90,187
Dec 2001036,58116.932.36$86,492
Nov 200118337,41418.072.41$93,307
Oct 2001040,99819.782.53$103,679
Sep 200118140,37524.262.25$95,288
Aug 200118233,99824.873.05$108,328
Jul 200118018,45823.933.20$63,319
Jun 200118417,26024.563.82$70,524
May 200103,44325.524.31$14,830
Apr 200105,75424.685.34$30,699
Mar 20011835,73624.545.38$35,330
Feb 200107,37527.755.77$42,532
Jan 200109,05427.478.40$76,042
Dec 2000010,99126.889.12$100,265
Nov 200006,12032.215.66$34,627
Oct 200004,54931.235.15$23,407
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 200006,58128.422.86$18,820
Feb 200018328,86627.622.73$83,758
Jan 200035031,51525.272.48$87,017
Dec 199917145,15624.282.42$113,597
Nov 199935338,75823.192.43$102,523
Oct 199918342,38520.982.80$122,675
Sep 199935539,59321.752.62$111,409
Aug 199934644,68919.262.88$135,172
Jul 199917932,85117.892.37$81,137
Jun 199935846,53815.942.36$115,634
May 199934743,12015.792.32$105,562
Apr 199917943,90815.102.21$99,654
Mar 199951557,79912.471.84$112,676
Feb 199936044,8899.981.82$85,192
Jan 199918141,69810.381.90$81,103
Dec 199837536,6419.201.77$68,426
Nov 199835152,69010.892.19$118,988
Oct 199832541,15312.421.97$85,075
Sep 199818039,57212.592.08$84,680
Aug 199835158,54811.301.91$115,638
Jul 199817537,79611.742.24$86,614
Jun 199835246,99511.242.24$109,097
May 199835544,96312.622.21$103,684
Apr 199817723813.042.51$2,904
Mar 199836555,52712.802.31$132,908
Feb 199832736,94413.952.30$89,501
Jan 199853769,23314.702.15$157,076
Dec 199736347116.322.41$7,060
Nov 199736853,78818.193.09$172,805
Oct 199733646,56619.253.15$153,143
Sep 199736462117.742.95$8,292
Aug 199770477,94917.862.55$211,713
Jul 199753092,68217.582.25$217,568
Jun 199774799,12117.242.26$236,614
May 1997757117,86218.972.31$286,445
Apr 1997882131,32617.882.08$289,293
Mar 1997904127,48618.951.94$264,344
Feb 1997753127,59620.492.21$296,893
Jan 1997729148,39223.483.54$542,380
Dec 1996941161,90523.32$21,944
Nov 19961,137165,78021.97$24,980
Oct 19961,489191,03023.31$34,709
Sep 19961,314201,55722.22$29,197
Aug 19961,476220,64620.26$29,904
Jul 19961,431231,87019.55$27,976
Jun 19961,689236,93818.73$31,635
May 19961,995262,32519.43$38,763
Apr 19962,032261,20921.51$43,708
Mar 19962,063228,29419.38$39,981
Feb 19962,257277,07816.98$38,324
Jan 19962,724296,52617.07$46,499
Dec 19953,185303,15217.19$54,750
Nov 19953,128309,61316.00$50,048
Oct 19953,796344,86215.43$58,572
Sep 19954,284356,38916.18$69,315
Aug 19954,502221,08315.92$71,672
Jul 19954,124215,08615.24$62,850
Jun 19953,405205,71016.41$55,876
May 1995038,30317.56$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                  781 Mcf  × $  3.05 =     $2,379

────────────────────────────────────────────────────
Month total                                   $2,379

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/154729 is the state's own key, not one this site invented.