WALTON OL

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 155050District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.1 M
Apr 1995 – May 2026
Value, last 12 filed months
$54 k
at the published price for each month
Months reported
374
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 Gas111995-09-18132895
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
CondensateDisposition28,997 bbl$600,317
GasProduction7,272,960 Mcf$9,482,251
Total$10,082,567

4,707,396 Mcf of this lease's gas, across 21 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 30.3821, -96.2100. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.38215, -96.20997 · 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
16,381 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 16,381 ft.

Completions filed
Nov 1999
1 of 1 wells

1 well

42-041318471H16,381 ftNov 1999

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 (374)

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

374 months

May 202601,156106.413.05$3,521
Apr 202601,10898.932.87$3,180
Mar 202601,19389.753.15$3,757
Feb 202601,06663.503.75$3,998
Jan 202601,16459.138.00$9,310
Dec 202501,15956.664.41$5,115
Nov 202511,15558.593.93$4,594
Oct 202501,24759.383.30$4,121
Sep 202501,22562.743.08$3,769
Aug 202501,23963.933.01$3,735
Jul 202501,30966.743.32$4,340
Jun 202501,38766.483.13$4,340
May 202501,67460.553.23$5,411
Apr 202523,00162.363.54$10,758
Mar 202501,68467.704.27$7,188
Feb 202515513470.884.34$11,568
Jan 20250074.324.28$0
Dec 202401668.993.12$50
Nov 202401,10469.052.20$2,427
Oct 202401,33871.372.28$3,053
Sep 202401,40569.612.36$3,322
Aug 202401,06375.632.06$2,194
Jul 202401,29279.932.15$2,773
Jun 202401,44278.082.63$3,798
May 202412,11678.812.20$4,731
Apr 2024037184.451.66$616
Mar 202401,37780.301.55$2,128
Feb 202401,31076.091.78$2,337
Jan 202401,42773.023.30$4,706
Dec 202301,27571.262.61$3,329
Nov 2023082277.892.81$2,308
Oct 202301,19785.443.09$3,695
Sep 202301,13589.042.74$3,104
Aug 202301,17780.522.67$3,146
Jul 202301,02874.852.64$2,716
Jun 202301,09568.962.26$2,473
May 202321,08470.622.23$2,556
Apr 202301,01178.122.24$2,262
Mar 202301,02972.852.39$2,463
Feb 2023192375.112.47$2,351
Jan 202301,01176.533.39$3,425
Dec 202201,07076.415.73$6,130
Nov 202201,07885.005.65$6,087
Oct 202201,12287.185.86$6,579
Sep 202201,08984.888.16$8,890
Aug 202201,12694.529.13$10,277
Jul 20220934101.587.54$7,044
Jun 202201,045115.097.98$8,336
May 202201,085109.378.43$9,150
Apr 202201,651104.226.84$11,289
Mar 202202,581108.885.08$13,102
Feb 202202,11191.054.86$10,257
Jan 202201,28681.844.54$5,835
Dec 2021195371.323.90$3,787
Nov 202101,14577.435.24$5,996
Oct 202111,39179.795.71$8,028
Sep 202101,16369.865.35$6,223
Aug 202101,29066.024.22$5,445
Jul 202101,24870.783.98$4,970
Jun 202101,18369.493.38$3,999
May 2021085363.483.02$2,574
Apr 202101,15660.362.76$3,189
Mar 20211911,10861.302.72$14,719
Feb 202101,09457.805.55$6,069
Jan 202101,06750.412.81$2,999
Dec 202001,19344.642.68$3,192
Nov 202001,22838.772.71$3,324
Oct 202001,08136.972.48$2,679
Sep 202001,45637.091.99$2,899
Aug 202001,12139.982.39$2,674
Jul 2020093938.371.83$1,714
Jun 202001,27634.901.69$2,157
May 202001,14416.921.81$2,076
Apr 202001,41414.751.80$2,551
Mar 202001,17330.341.86$2,177
Feb 202001,18349.881.98$2,343
Jan 202001,32357.252.09$2,771
Dec 201901,38559.012.30$3,192
Nov 201901,31655.302.75$3,620
Oct 201901,94353.472.42$4,699
Sep 2019058355.052.66$1,549
Aug 201901,18053.112.30$2,719
Jul 201901,21256.272.46$2,982
Jun 201901,43652.782.49$3,577
May 201901,05458.482.74$2,888
Apr 201901,28562.632.75$3,535
Mar 201901,54856.803.06$4,740
Feb 201901,10450.852.79$3,083
Jan 201901,27146.033.23$4,103
Dec 201801,62246.594.19$6,789
Nov 201801,16152.934.24$4,919
Oct 201801,49761.443.40$5,087
Sep 201801,22959.543.11$3,820
Aug 201801,61859.403.07$4,962
Jul 201801,54265.142.93$4,521
Jun 201801,31360.183.08$4,040
May 201801,59065.382.90$4,612
Apr 201801,33363.842.90$3,867
Mar 201801,37861.222.79$3,840
Feb 201801,54261.782.77$4,265
Jan 201801,47862.874.01$5,926
Dec 201701,27657.272.92$3,728
Nov 201701,73155.423.12$5,398
Oct 2017097149.292.98$2,897
Sep 201701,35147.523.09$4,171
Aug 201701,60445.373.00$4,819
Jul 201701,12243.873.09$3,464
Jun 201701,48142.493.09$4,572
May 201701,63745.373.26$5,342
Apr 201701,57847.933.21$5,068
Mar 201701,59246.772.98$4,750
Feb 201701,55350.452.95$4,585
Jan 201701,61949.413.42$5,535
Dec 201601,65748.763.72$6,169
Nov 201601,65642.492.64$4,379
Oct 201601,63446.193.09$5,049
Sep 201601,72241.553.10$5,339
Aug 201601,81241.442.92$5,299
Jul 201601,69741.622.92$4,963
Jun 201601,63245.352.69$4,383
May 201601,84942.521.99$3,681
Apr 201601,58536.561.99$3,156
Mar 201601,54433.011.79$2,770
Feb 201601,79326.472.06$3,700
Jan 201601,82227.352.36$4,308
Dec 2015035532.362.00$711
Nov 201501,64338.792.17$3,561
Oct 201501,78943.552.43$4,341
Sep 201501,84242.992.76$5,081
Aug 201501,90240.162.87$5,463
Jul 201501,85048.152.95$5,448
Jun 20151881,82756.152.88$15,823
May 201502,06755.212.96$6,109
Apr 201501,82349.822.71$4,934
Mar 201501,89142.892.93$5,550
Feb 201502,13044.662.98$6,339
Jan 201502,04243.433.10$6,331
Dec 201402,06854.693.59$7,427
Nov 201402,19370.464.25$9,324
Oct 201402,16978.303.90$8,461
Sep 201402,14386.164.05$8,669
Aug 201402,31789.394.04$9,349
Jul 201402,40196.564.18$10,035
Jun 201402,58598.164.74$12,245
May 201402,96494.734.73$14,010
Apr 201402,13795.944.81$10,277
Mar 201401,79295.895.06$9,062
Feb 201402,12597.406.19$13,158
Jan 201402,05090.404.86$9,964
Dec 201301,57991.824.35$6,876
Nov 201301,50588.853.74$5,626
Oct 201301,61997.423.78$6,119
Sep 201301,597104.113.72$5,937
Aug 201301,656104.253.52$5,833
Jul 201301,797102.523.72$6,681
Jun 201302,10294.403.93$8,268
May 201303,77294.834.15$15,650
Apr 201301,53193.964.28$6,557
Mar 201301,56593.623.91$6,124
Feb 201302,09791.233.42$7,172
Jan 201302,47491.603.42$8,461
Dec 201202,64886.773.42$9,057
Nov 201202,64486.953.62$9,584
Oct 201203,22889.383.40$10,974
Sep 201202,53694.672.92$7,401
Aug 201201,76492.662.91$5,130
Jul 2012098085.133.02$2,960
Jun 201201,78479.822.52$4,494
May 201201,81591.612.49$4,516
Apr 201201,594101.652.00$3,183
Mar 201202,241105.052.22$4,980
Feb 201202,465101.102.57$6,336
Jan 201202,67298.092.73$7,305
Dec 201102,65396.873.24$8,595
Nov 201102,20895.723.31$7,311
Oct 201102,71484.983.65$9,902
Sep 201102,78083.623.99$11,081
Aug 201103,04083.404.15$12,614
Jul 201103,03194.144.52$13,692
Jun 201103,57092.904.64$16,564
May 201103,19598.134.40$14,073
Apr 201103,077105.964.33$13,334
Mar 201103,43896.364.06$13,949
Feb 201102,48985.644.18$10,404
Jan 201103,53386.504.59$16,212
Dec 201003,56285.734.35$15,487
Nov 201003,68080.843.80$13,967
Oct 201004,01678.103.51$14,092
Sep 201004,15072.633.98$16,515
Aug 20101334,38073.684.42$29,156
Jul 201004,61172.554.74$21,840
Jun 201004,54470.364.91$22,313
May 201006,12771.124.24$25,949
Apr 201006,48781.694.12$26,744
Mar 201005,87378.394.39$25,775
Feb 201005,59073.585.44$30,423
Jan 201003,81274.365.96$22,735
Dec 200903,47571.445.48$19,056
Nov 200903,97974.593.75$14,927
Oct 200903,85472.544.11$15,841
Sep 200903,50065.543.06$10,727
Aug 200904,47667.423.22$14,406
Jul 2009143,74161.133.46$13,817
Jun 200904,09366.163.90$15,942
May 200905,70954.743.93$22,412
Apr 200905,71546.773.59$20,503
Mar 2009206,52742.144.06$27,336
Feb 200906,04632.814.63$28,011
Jan 200907,53835.865.37$40,487
Dec 200808,24437.105.98$49,276
Nov 200808,66155.496.86$59,418
Oct 20085510,01275.246.92$73,441
Sep 2008417,482101.767.88$63,109
Aug 200805,974114.228.48$50,678
Jul 200806,776131.0811.39$77,175
Jun 200806,273131.3313.03$81,754
May 200806,227123.1711.57$72,073
Apr 200806,323110.3110.45$66,106
Mar 2008756,961101.909.66$74,914
Feb 200806,89992.538.77$60,508
Jan 20081187,90590.388.21$75,531
Dec 200708,26188.337.30$60,322
Nov 200707,51291.677.29$54,775
Oct 20071888,49682.856.92$74,385
Sep 200707,80875.846.24$48,754
Aug 200727,94369.066.39$50,878
Jul 20071710,11970.906.39$65,845
Jun 2007010,26862.007.55$77,507
May 200718914,42358.747.85$124,269
Apr 200719218,63159.617.81$156,864
Mar 2007433,54256.927.30$245,150
Feb 2007215,94255.108.22$131,090
Jan 20070050.306.73$0
Dec 2006026856.656.92$1,854
Nov 200602,67054.207.62$20,339
Oct 200662,82654.906.01$17,324
Sep 2006342,24260.085.04$13,336
Aug 200602,14668.717.34$15,751
Jul 200602,30769.376.34$14,633
Jun 200602,72966.286.38$17,422
May 200603,21266.016.42$20,637
Apr 200602,27264.397.36$16,723
Mar 200602,30056.707.08$16,291
Feb 200602,23157.597.75$17,293
Jan 200602,80260.598.93$25,031
Dec 200503,02854.9413.42$40,622
Nov 200502,27654.6910.59$24,099
Oct 200502,83658.3413.80$39,125
Sep 200502,67461.4512.08$32,299
Aug 200502,57561.519.80$25,227
Jul 200503,28155.697.84$25,735
Jun 200502,92052.337.38$21,553
May 200503,25645.226.65$21,656
Apr 200503,63149.207.36$26,726
Mar 200514,06050.377.15$29,099
Feb 200502,72445.226.31$17,194
Jan 200503,62143.166.32$22,893
Dec 200402,78939.866.75$18,829
Nov 200403,20845.286.33$20,308
Oct 200402,99349.706.52$19,500
Sep 200403,27943.245.28$17,326
Aug 200403,93842.375.55$21,859
Jul 200404,02838.286.08$24,507
Jun 200403,14236.106.43$20,213
May 20041203,91737.486.49$29,937
Apr 200404,63534.475.86$27,154
Mar 200403,52634.365.53$19,499
Feb 200403,71032.455.51$20,441
Jan 200405,06132.036.30$31,882
Dec 200305,25130.266.30$33,090
Nov 200306,54828.804.60$30,089
Oct 2003676,20328.174.76$31,411
Sep 200305,91326.314.75$28,083
Aug 200307,56129.765.13$38,786
Jul 200306,34529.415.17$32,809
Jun 200304,97828.565.98$29,783
May 200305,12626.595.97$30,616
Apr 200305,07226.675.41$27,426
Mar 200305,28931.146.10$32,242
Feb 200305,60533.487.93$44,425
Jan 2003876,40630.315.58$38,396
Dec 200206,28826.914.85$30,520
Nov 200205,58224.664.14$23,093
Oct 200206,83126.464.23$28,889
Sep 2002016,01127.443.64$58,203
Aug 2002016,42425.963.16$51,968
Jul 200209,62224.583.06$29,460
Jun 200206,66323.733.34$22,243
May 200208,68724.663.58$31,134
Apr 200208,79223.653.51$30,880
Mar 200211610,66722.003.10$35,649
Feb 2002010,71618.222.38$25,458
Jan 2002010,57317.172.38$25,118
Dec 200107,03716.932.36$16,638
Nov 200108,29418.072.41$19,951
Oct 200109,36519.782.53$23,683
Sep 200107,84824.262.25$17,668
Aug 200108,88424.873.05$27,124
Jul 2001010,60023.933.20$33,889
Jun 2001013,00024.563.82$49,714
May 200109,51625.524.31$40,988
Apr 20014210,10324.685.34$54,939
Mar 2001010,73224.545.38$57,700
Feb 2001011,00627.755.77$63,472
Jan 2001012,69927.478.40$106,656
Dec 2000014,60526.889.12$133,234
Nov 200009,11632.215.66$51,578
Oct 2000012,30231.235.15$63,300
Sep 2000018,09231.875.19$93,834
Aug 2000017,63229.644.54$80,063
Jul 2000016,16628.534.09$66,115
Jun 200017821,09129.304.40$97,958
May 2000026,63227.263.68$97,999
Apr 2000026,13524.513.12$81,437
Mar 2000038,19528.422.86$109,228
Feb 200015644,63927.622.73$126,017
Jan 2000077,85625.272.48$193,122
Dec 1999187183,66524.282.42$449,693
Nov 199905,34023.192.43$12,998
Oct 199906620.982.80$185
Sep 19990021.752.62$0
Aug 199902819.262.88$81
Jul 199902617.892.37$62
Jun 199901415.942.36$33
May 1999013815.792.32$320
Apr 199906,15315.102.21$13,586
Mar 19991797,81812.471.84$16,604
Feb 1999011,1619.981.82$20,288
Jan 199918614,11510.381.90$28,748
Dec 1998021,9869.201.77$38,988
Nov 1998018,64210.892.19$40,746
Oct 199815120,42812.421.97$42,102
Sep 199817920,81412.592.08$45,601
Aug 1998124,58511.301.91$46,904
Jul 19988523,61211.742.24$53,824
Jun 199817827,09111.242.24$62,611
May 199817833,59412.622.21$76,366
Apr 199818030,23713.042.51$78,101
Mar 199819640,01612.802.31$94,923
Feb 199815929,51713.952.30$70,081
Jan 199820031,61714.702.15$71,068
Dec 199719939,89716.322.41$99,443
Nov 199720540,76818.193.09$129,631
Oct 199720343,10419.253.15$139,678
Sep 199719440,95217.742.95$124,450
Aug 199720146,93517.862.55$123,497
Jul 199736247,29317.582.25$112,628
Jun 199718954,83917.242.26$127,041
May 199720360,97518.972.31$144,612
Apr 199736457,44617.882.08$126,156
Mar 199735159,84118.951.94$122,692
Feb 199740063,98720.492.21$149,345
Jan 19971478,54123.483.54$278,340
Dec 199638985,52723.32$9,071
Nov 199638882,06121.97$8,524
Oct 199640288,77423.31$9,371
Sep 199658992,53522.22$13,088
Aug 1996567105,26420.26$11,487
Jul 1996393117,49619.55$7,683
Jun 1996585124,53918.73$10,957
May 1996816146,04919.43$15,855
Apr 19961,006157,66221.51$21,639
Mar 1996825187,82019.38$15,989
Feb 1996960192,99616.98$16,301
Jan 19961,325235,88317.07$22,618
Dec 19951,154182,99317.19$19,837
Nov 19951,461278,65716.00$23,376
Oct 19951,514325,73315.43$23,361
Sep 19951,175330,74716.18$19,012
Aug 19951,281211,45515.92$20,394
Jul 19951,527403,00615.24$23,271
Jun 19951,946439,99316.41$31,934
May 19952,234537,44117.56$39,229
Apr 19951,116380,76517.73$19,787

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                1,156 Mcf  × $  3.05 =     $3,521

────────────────────────────────────────────────────
Month total                                   $3,521

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/155050 is the state's own key, not one this site invented.