RIO LOBO UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154730District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
May 1995 – Nov 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
343
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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 Gas111995-08-24132642
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
CondensateDisposition31,702 bbl$656,059
GasProduction1,305,130 Mcf$1,951,052
Total$2,607,112

750,027 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 30.0294, -96.6971. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.02942, -96.69708 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,510 ft
1 wells filed one
Completion to plug
12.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 12,510 ft.

Completions filed
May 2011
1 of 1 wells
Plug dates filed
Oct 2023
1 of 1 wells

Last completion to plug: a median of 12.4 years across the 1 well that filed both dates, with the middle half between 12.4 years and 12.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14932961112,510 ftMay 2011Oct 2023Yes

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 (343)

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

343 months

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 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20111752996.364.06$16,981
Feb 2011052785.644.18$2,203
Jan 2011061986.504.59$2,840
Dec 2010064685.734.35$2,809
Nov 2010065480.843.80$2,482
Oct 2010065078.103.51$2,281
Sep 2010060972.633.98$2,424
Aug 2010065373.684.42$2,886
Jul 2010063772.554.74$3,017
Jun 2010062970.364.91$3,089
May 2010060971.124.24$2,579
Apr 2010060981.694.12$2,511
Mar 2010062878.394.39$2,756
Feb 2010055273.585.44$3,004
Jan 201019167674.365.96$18,234
Dec 2009071571.445.48$3,921
Nov 2009062874.593.75$2,356
Oct 2009067872.544.11$2,787
Sep 2009072765.543.06$2,228
Aug 2009075867.423.22$2,440
Jul 2009076261.133.46$2,640
Jun 2009076366.163.90$2,972
May 2009083154.743.93$3,262
Apr 2009076246.773.59$2,734
Mar 2009081342.144.06$3,300
Feb 2009063932.814.63$2,960
Jan 2009082835.865.37$4,447
Dec 2008073837.105.98$4,411
Nov 2008039455.496.86$2,703
Oct 2008067675.246.92$4,679
Sep 2008180924101.767.88$25,595
Aug 20080849114.228.48$7,202
Jul 200801,046131.0811.39$11,913
Jun 20080806131.3313.03$10,504
May 200801,014123.1711.57$11,736
Apr 200801,405110.3110.45$14,689
Mar 200801,506101.909.66$14,554
Feb 200801,46692.538.77$12,858
Jan 200801,50090.388.21$12,309
Dec 200702,00888.337.30$14,662
Nov 2007090691.677.29$6,606
Oct 20071941,70682.856.92$27,882
Sep 200703,27975.846.24$20,475
Aug 200703,23469.066.39$20,659
Jul 2007132,67170.906.39$17,984
Jun 2007450862.007.55$4,083
May 20071901,90758.747.85$26,123
Apr 20071159.617.81$67
Mar 2007011356.927.30$825
Feb 2007050155.108.22$4,116
Jan 2007058150.306.73$3,908
Dec 2006070856.656.92$4,898
Nov 2006580554.207.62$6,403
Oct 2006138854.906.01$2,388
Sep 2006063260.085.04$3,184
Aug 2006165368.717.34$4,862
Jul 2006275569.376.34$4,928
Jun 20060066.286.38$0
May 200606566.016.42$418
Apr 200631,42964.397.36$10,711
Mar 200651,62156.707.08$11,765
Feb 2006048757.597.75$3,775
Jan 2006052660.598.93$4,699
Dec 2005013254.9413.42$1,771
Nov 2005031754.6910.59$3,357
Oct 2005057058.3413.80$7,864
Sep 2005042261.4512.08$5,097
Aug 2005036561.519.80$3,576
Jul 2005037455.697.84$2,934
Jun 20051571,52952.337.38$19,501
May 2005060145.226.65$3,997
Apr 200511,29549.207.36$9,581
Mar 2005174350.377.15$5,366
Feb 2005082645.226.31$5,214
Jan 200521,08643.166.32$6,952
Dec 200402,05039.866.75$13,840
Nov 200401,36045.286.33$8,609
Oct 20040049.706.52$0
Sep 20041091,72643.245.28$13,833
Aug 200413,01842.375.55$16,794
Jul 200411,77038.286.08$10,807
Jun 200417652436.106.43$9,725
May 2004032637.486.49$2,117
Apr 2004061634.475.86$3,609
Mar 200401,10834.365.53$6,127
Feb 200411,30332.455.51$7,211
Jan 200411,35832.036.30$8,587
Dec 200301,92930.266.30$12,156
Nov 20031831,56328.804.60$12,453
Oct 200312,11528.174.76$10,095
Sep 200322,17626.314.75$10,387
Aug 200321,91329.765.13$9,873
Jul 200322,19329.415.17$11,398
Jun 20031871,76728.565.98$15,913
May 200331,72726.595.97$10,395
Apr 200311,76926.675.41$9,592
Mar 200321,88531.146.10$11,553
Feb 20031852,34433.487.93$24,772
Jan 20031924,64430.315.58$31,743
Dec 200204,47126.914.85$21,701
Nov 200203,42124.664.14$14,153
Oct 200296,37026.464.23$27,178
Sep 200219110,36227.443.64$42,909
Aug 2002228,19925.963.16$26,514
Jul 200203,77024.583.06$11,543
Jun 200226083023.733.34$8,941
May 200202,41424.663.58$8,652
Apr 200202,49523.653.51$8,763
Mar 200203,10822.003.10$9,643
Feb 200202,04218.222.38$4,851
Jan 20021821,77917.172.38$7,351
Dec 200102,64516.932.36$6,254
Nov 200102,00818.072.41$4,830
Oct 20011783,09319.782.53$11,343
Sep 200102,47124.262.25$5,563
Aug 20011822,56824.873.05$12,367
Jul 200102,66823.933.20$8,530
Jun 200102,63324.563.82$10,069
May 20011792,82725.524.31$16,745
Apr 200103,18524.685.34$16,993
Mar 20011823,01724.545.38$20,687
Feb 200102,73327.755.77$15,761
Jan 20011823,30127.478.40$32,724
Dec 200003,49826.889.12$31,911
Nov 20001873,75532.215.66$27,269
Oct 200004,79331.235.15$24,662
Sep 20001812,24231.875.19$17,397
Aug 200002,99529.644.54$13,600
Jul 200003,13428.534.09$12,817
Jun 20001873,21229.304.40$19,603
May 20001834,30927.263.68$20,845
Apr 200002,97224.513.12$9,261
Mar 200003,41528.422.86$9,766
Feb 200003,74627.622.73$10,213
Jan 20003554,47325.272.48$20,066
Dec 199904,46724.282.42$10,827
Nov 19991964,82323.192.43$16,284
Oct 199903,20920.982.80$8,997
Sep 199903,22321.752.62$8,441
Aug 19991863,29619.262.88$13,060
Jul 199903,78217.892.37$8,972
Jun 19991794,03115.942.36$12,375
May 199904,39715.792.32$10,206
Apr 19993544,55315.102.21$15,399
Mar 199906,53712.471.84$12,017
Feb 199904,2159.981.82$7,662
Jan 19993614,92610.381.90$13,106
Dec 199805,2759.201.77$9,354
Nov 19983625,44710.892.19$15,848
Oct 199806,02112.421.97$11,857
Sep 199808,12612.592.08$16,923
Aug 19983536,74011.301.91$16,844
Jul 199807,57211.742.24$16,941
Jun 199807,30211.242.24$16,337
May 19983579,10112.622.21$24,585
Apr 199836010,22913.042.51$30,321
Mar 199809,80412.802.31$22,642
Feb 199809,25613.952.30$21,281
Jan 199836112,25414.702.15$31,712
Dec 1997013,31216.322.41$32,097
Nov 199736713,01418.193.09$46,866
Oct 1997614,15219.253.15$44,692
Sep 199770915,01617.742.95$56,948
Aug 1997014,61517.862.55$37,338
Jul 199717416,17617.582.25$39,405
Jun 199718117,06117.242.26$41,631
May 199736316,34818.972.31$44,625
Apr 199736312,67917.882.08$32,898
Mar 199736815,61518.951.94$37,253
Feb 199755615,53020.492.21$45,650
Jan 199736613,16223.483.54$55,183
Dec 199656419,74923.32$13,152
Nov 199656324,69621.97$12,369
Oct 19961,08334,45023.31$25,245
Sep 199689519,32322.22$19,887
Aug 1996012,15620.26$0
Jul 19963627,09819.55$7,077
Jun 199653311,97218.73$9,983
May 199618515,54419.43$3,595
Apr 199671616,60421.51$15,401
Mar 199636020,33419.38$6,977
Feb 199691117,24516.98$15,469
Jan 199638722,64017.07$6,606
Dec 19951,10028,65817.19$18,909
Nov 19951,27333,55016.00$20,368
Oct 19951,09244,04015.43$16,850
Sep 19951,30250,86616.18$21,066
Aug 19951,84272,04415.92$29,325
Jul 19952,524106,12515.24$38,466
Jun 19954,265153,22916.41$69,989
May 199538839,70417.56$6,813

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.

Mar 2011 — as filed, then multipliedworked
Condensate           175 bbl  × $ 96.36 =    $16,863
Gas                   29 Mcf  × $  4.06 =       $118

────────────────────────────────────────────────────
Month total                                  $16,981

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/154730 is the state's own key, not one this site invented.