FREDERICK

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 155758District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Sep 1995 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
369
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 Gas111995-11-09133526
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
CondensateDisposition2,054 bbl$48,111
GasProduction2,106,114 Mcf$3,496,491
Total$3,544,602

1,113,349 Mcf of this lease's gas, across 16 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 30.4939, -96.0135. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.49393, -96.01346 · 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
17,625 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 17,625 ft.

Completions filed
Sep 1995
1 of 1 wells

1 well

42-185305351H17,625 ftSep 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 (369)

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

369 months

May 20260325106.413.05$990
Apr 2026037698.932.87$1,079
Mar 2026038089.753.15$1,197
Feb 2026034063.503.75$1,275
Jan 2026038459.138.00$3,071
Dec 2025039456.664.41$1,739
Nov 2025038958.593.93$1,527
Oct 2025041059.383.30$1,355
Sep 2025042362.743.08$1,302
Aug 2025046863.933.01$1,411
Jul 2025046966.743.32$1,555
Jun 2025036666.483.13$1,145
May 2025036260.553.23$1,170
Apr 2025046462.363.54$1,644
Mar 2025057667.704.27$2,459
Feb 2025092770.884.34$4,024
Jan 20250074.324.28$0
Dec 2024019068.993.12$593
Nov 2024035569.052.20$780
Oct 2024037271.372.28$849
Sep 2024039669.612.36$936
Aug 2024037775.632.06$778
Jul 2024043279.932.15$927
Jun 2024049778.082.63$1,309
May 2024078078.812.20$1,715
Apr 2024013084.451.66$216
Mar 2024046980.301.55$725
Feb 2024044876.091.78$799
Jan 2024036073.023.30$1,187
Dec 2023076071.262.61$1,984
Nov 2023039477.892.81$1,106
Oct 2023059685.443.09$1,840
Sep 2023057489.042.74$1,570
Aug 2023031780.522.67$847
Jul 2023084074.852.64$2,219
Jun 2023010068.962.26$226
May 2023032970.622.23$733
Apr 2023028078.122.24$627
Mar 2023043372.852.39$1,036
Feb 2023041675.112.47$1,026
Jan 2023050376.533.39$1,704
Dec 2022059576.415.73$3,409
Nov 2022043285.005.65$2,439
Oct 2022047387.185.86$2,774
Sep 2022063584.888.16$5,184
Aug 202201,30094.529.13$11,865
Jul 20220414101.587.54$3,122
Jun 20220465115.097.98$3,709
May 20220355109.378.43$2,994
Apr 20220474104.226.84$3,241
Mar 20220514108.885.08$2,609
Feb 2022048791.054.86$2,366
Jan 2022053681.844.54$2,432
Dec 2021056971.323.90$2,219
Nov 2021068077.435.24$3,561
Oct 2021063079.795.71$3,600
Sep 2021061369.865.35$3,280
Aug 2021065466.024.22$2,760
Jul 2021069370.783.98$2,760
Jun 2021075769.493.38$2,559
May 202103,11263.483.02$9,391
Apr 2021092360.362.76$2,546
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 2020047014.751.80$848
Mar 2020048030.341.86$891
Feb 2020055449.881.98$1,097
Jan 2020087957.252.09$1,841
Dec 2019035659.012.30$820
Nov 20190655.302.75$17
Oct 20190053.472.42$0
Sep 2019053955.052.66$1,432
Aug 2019034453.112.30$793
Jul 2019033156.272.46$814
Jun 2019064652.782.49$1,609
May 20190058.482.74$0
Apr 2019012162.632.75$333
Mar 2019026856.803.06$821
Feb 2019025550.852.79$712
Jan 2019029446.033.23$949
Dec 2018026146.594.19$1,092
Nov 2018043452.934.24$1,839
Oct 2018055361.443.40$1,879
Sep 201804559.543.11$140
Aug 201833059.403.07$1,960
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180163.842.90$3
Mar 2018033761.222.79$939
Feb 2018057361.782.77$1,585
Jan 2018061662.874.01$2,470
Dec 2017032757.272.92$955
Nov 2017065255.423.12$2,033
Oct 2017058149.292.98$1,734
Sep 2017055647.523.09$1,717
Aug 2017033545.373.00$1,006
Jul 2017058443.873.09$1,803
Jun 2017054742.493.09$1,689
May 2017058945.373.26$1,922
Apr 2017057347.933.21$1,840
Mar 2017056946.772.98$1,698
Feb 2017054050.452.95$1,594
Jan 2017060249.413.42$2,058
Dec 2016058148.763.72$2,163
Nov 2016060942.492.64$1,610
Oct 2016055446.193.09$1,712
Sep 2016059741.553.10$1,851
Aug 2016057941.442.92$1,693
Jul 2016061141.622.92$1,787
Jun 2016058145.352.69$1,560
May 2016063442.521.99$1,262
Apr 2016063336.561.99$1,260
Mar 2016065033.011.79$1,166
Feb 2016060826.472.06$1,255
Jan 2016032027.352.36$757
Dec 2015030132.362.00$602
Nov 2015053238.792.17$1,153
Oct 2015058643.552.43$1,422
Sep 2015063442.992.76$1,749
Aug 2015069840.162.87$2,005
Jul 2015067848.152.95$1,997
Jun 2015056956.152.88$1,640
May 2015062855.212.96$1,856
Apr 2015059549.822.71$1,610
Mar 2015062242.892.93$1,825
Feb 2015059044.662.98$1,756
Jan 2015064243.433.10$1,991
Dec 2014063954.693.59$2,295
Nov 2014062370.464.25$2,649
Oct 2014065378.303.90$2,547
Sep 2014064586.164.05$2,609
Aug 2014068889.394.04$2,776
Jul 2014068996.564.18$2,880
Jun 2014067398.164.74$3,188
May 2014068894.734.73$3,252
Apr 2014067195.944.81$3,227
Mar 2014072895.895.06$3,681
Feb 2014052497.406.19$3,245
Jan 2014063590.404.86$3,087
Dec 2013058291.824.35$2,534
Nov 2013061488.853.74$2,295
Oct 2013070097.423.78$2,646
Sep 20130643104.113.72$2,391
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130194.403.93$4
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013026193.623.91$1,021
Feb 2013070391.233.42$2,404
Jan 2013081491.603.42$2,784
Dec 2012079386.773.42$2,712
Nov 2012076686.953.62$2,777
Oct 2012072289.383.40$2,455
Sep 2012073594.672.92$2,145
Aug 2012078992.662.91$2,295
Jul 2012085085.133.02$2,568
Jun 20127666779.822.52$7,747
May 2012078891.612.49$1,961
Apr 20120765101.652.00$1,528
Mar 20120793105.052.22$1,762
Feb 20120735101.102.57$1,889
Jan 2012080598.092.73$2,201
Dec 2011080896.873.24$2,618
Nov 2011078495.723.31$2,596
Oct 2011081584.983.65$2,974
Sep 2011077883.623.99$3,101
Aug 2011080883.404.15$3,353
Jul 2011079694.144.52$3,596
Jun 2011078992.904.64$3,661
May 2011076998.134.40$3,387
Apr 20110818105.964.33$3,545
Mar 2011052596.364.06$2,130
Feb 2011073085.644.18$3,051
Jan 2011084886.504.59$3,891
Dec 2010090185.734.35$3,917
Nov 2010090480.843.80$3,431
Oct 2010076678.103.51$2,688
Sep 2010084672.633.98$3,367
Aug 2010082773.684.42$3,655
Jul 2010085272.554.74$4,035
Jun 2010075670.364.91$3,712
May 2010091171.124.24$3,858
Apr 2010077581.694.12$3,195
Mar 2010095778.394.39$4,200
Feb 2010095573.585.44$5,197
Jan 201001,09274.365.96$6,513
Dec 2009098471.445.48$5,396
Nov 2009084574.593.75$3,170
Oct 200901,23872.544.11$5,088
Sep 2009085665.543.06$2,623
Aug 2009065267.423.22$2,098
Jul 2009083861.133.46$2,903
Jun 2009076366.163.90$2,972
May 2009095854.743.93$3,761
Apr 2009099046.773.59$3,552
Mar 200901,01142.144.06$4,104
Feb 2009194132.814.63$4,392
Jan 200901,02035.865.37$5,478
Dec 200801,08537.105.98$6,485
Nov 2008097655.496.86$6,696
Oct 200801,04275.246.92$7,213
Sep 200801,024101.767.88$8,066
Aug 20081945114.228.48$8,131
Jul 200801,009131.0811.39$11,492
Jun 200801,153131.3313.03$15,027
May 200801,260123.1711.57$14,584
Apr 200801,280110.3110.45$13,382
Mar 200801,361101.909.66$13,153
Feb 200811,36092.538.77$12,021
Jan 200801,21190.388.21$9,937
Dec 200701,05188.337.30$7,674
Nov 200701,25591.677.29$9,151
Oct 200701,42182.856.92$9,836
Sep 200711,47775.846.24$9,298
Aug 200701,52969.066.39$9,767
Jul 200701,69470.906.39$10,821
Jun 200711,22462.007.55$9,301
May 200701,42958.747.85$11,212
Apr 200701,30059.617.81$10,147
Mar 200701,49256.927.30$10,895
Feb 200701,34355.108.22$11,034
Jan 200701,34950.306.73$9,075
Dec 200601,37156.656.92$9,485
Nov 200601,42554.207.62$10,855
Oct 200601,49054.906.01$8,961
Sep 200611,57660.085.04$7,999
Aug 2006861,41468.717.34$16,288
Jul 200601,64869.376.34$10,453
Jun 200601,43166.286.38$9,135
May 200601,54666.016.42$9,933
Apr 200601,42864.397.36$10,511
Mar 200601,70356.707.08$12,062
Feb 200601,75657.597.75$13,611
Jan 200602,70660.598.93$24,174
Dec 200513,03354.9413.42$40,744
Nov 200504,30454.6910.59$45,572
Oct 200515,89658.3413.80$81,398
Sep 200506,97361.4512.08$84,227
Aug 200502,33061.519.80$22,827
Jul 20050355.697.84$24
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050145.226.31$6
Jan 200502,00043.166.32$12,644
Dec 200402,96239.866.75$19,997
Nov 200413,24445.286.33$20,581
Oct 2004089349.706.52$5,818
Sep 200401,37743.245.28$7,276
Aug 200402,15642.375.55$11,967
Jul 200402,20438.286.08$13,410
Jun 200401,97936.106.43$12,731
May 200402,42437.486.49$15,743
Apr 200401,83334.475.86$10,739
Mar 200403,12834.365.53$17,298
Feb 200402,46832.455.51$13,598
Jan 200402,80532.036.30$17,670
Dec 200302,87730.266.30$18,130
Nov 200302,86128.804.60$13,147
Oct 2003942,73928.174.76$15,685
Sep 200302,76426.314.75$13,127
Aug 200302,83329.765.13$14,533
Jul 200303,88329.415.17$20,078
Jun 200304,08328.565.98$24,428
May 200303,15726.595.97$18,856
Apr 200304,29926.675.41$23,246
Mar 200304,12931.146.10$25,171
Feb 200304,08233.487.93$32,353
Jan 200303,84230.315.58$21,446
Dec 200204,20026.914.85$20,386
Nov 200202,83924.664.14$11,745
Oct 200203,36926.464.23$14,248
Sep 200202,82327.443.64$10,262
Aug 200203,13225.963.16$9,910
Jul 200203,29324.583.06$10,082
Jun 200203,89123.733.34$12,989
May 200205,88324.663.58$21,085
Apr 200204,85023.653.51$17,035
Mar 200203,69722.003.10$11,471
Feb 200203,04818.222.38$7,241
Jan 200202,54117.172.38$6,037
Dec 200102,77516.932.36$6,561
Nov 200103,72918.072.41$8,970
Oct 200104,94319.782.53$12,500
Sep 200103,91124.262.25$8,805
Aug 200103,19624.873.05$9,758
Jul 200103,40123.933.20$10,873
Jun 200104,02224.563.82$15,381
May 2001773,19625.524.31$15,731
Apr 200102,81724.685.34$15,030
Mar 200104,20424.545.38$22,603
Feb 200103,63227.755.77$20,946
Jan 200104,63527.478.40$38,928
Dec 200004,11626.889.12$37,548
Nov 200005,02932.215.66$28,454
Oct 200004,37131.235.15$22,491
Sep 200034,87031.875.19$25,354
Aug 200004,42629.644.54$20,097
Jul 200005,03328.534.09$20,584
Jun 200005,24229.304.40$23,050
May 200004,76127.263.68$17,519
Apr 200006,63524.513.12$20,675
Mar 200006,84428.422.86$19,572
Feb 200005,29927.622.73$14,448
Jan 200004,37825.272.48$10,860
Dec 199905,43024.282.42$13,161
Nov 199906,24623.192.43$15,203
Oct 1999576,64320.982.80$19,821
Sep 199906,39821.752.62$16,755
Aug 199906,50519.262.88$18,706
Jul 199905,67217.892.37$13,456
Jun 199906,00415.942.36$14,182
May 199907,20615.792.32$16,725
Apr 199907,37315.102.21$16,280
Mar 19997710,04012.471.84$19,417
Feb 1999129,5599.981.82$17,496
Jan 1999010,85210.381.90$20,618
Dec 1998011,4489.201.77$20,301
Nov 1998010,62710.892.19$23,228
Oct 1998012,00012.421.97$23,631
Sep 1998010,32812.592.08$21,509
Aug 1998013,51011.301.91$25,768
Jul 1998014,71811.742.24$32,928
Jun 1998012,67211.242.24$28,351
May 1998016,79212.622.21$37,049
Apr 1998014,40113.042.51$36,079
Mar 199815415,39112.802.31$37,516
Feb 1998013,44613.952.30$30,914
Jan 1998016,29614.702.15$35,114
Dec 1997016,10016.322.41$38,819
Nov 1997021,16818.193.09$65,372
Oct 1997016,49219.253.15$51,947
Sep 19977040,98417.742.95$122,345
Aug 1997050,72417.862.55$129,587
Jul 1997050,39917.582.25$113,244
Jun 1997022,61117.242.26$51,038
May 19977321,15818.972.31$50,228
Apr 1997025,19517.882.08$52,476
Mar 199714224,90818.951.94$50,991
Feb 1997024,50620.492.21$54,058
Jan 1997022,75623.483.54$80,549
Dec 1996122,55323.32$23
Nov 199610122,40321.97$2,219
Oct 1996020,24723.31$0
Sep 1996150,20622.22$22
Aug 1996029,46120.26$0
Jul 199612133,93719.55$2,366
Jun 1996036,47718.73$0
May 199617342,62219.43$3,361
Apr 1996047,06221.51$0
Mar 1996059,13019.38$0
Feb 199617858,02316.98$3,022
Jan 1996269,63317.07$34
Dec 1995181108,83417.19$3,111
Nov 19953144,55416.00$48
Oct 1995321214,70915.43$4,953
Sep 19959153,49816.18$146

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                  325 Mcf  × $  3.05 =       $990

────────────────────────────────────────────────────
Month total                                     $990

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/155758 is the state's own key, not one this site invented.