PASKET

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 156029District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$34.4 M
Sep 1995 – May 2026
Value, last 12 filed months
$1 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 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 Gas111995-12-06133600
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
CondensateDisposition77,225 bbl$1,482,732
GasProduction18,065,430 Mcf$32,879,849
Total$34,362,581

7,717,977 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 30.5054, -96.0828. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50544, -96.08285 · 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
100.0%
1 of 1 wells
Median depth
15,450 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 15,450 ft.

Completions filed
Sep 1995
1 of 1 wells
Plug dates filed
Apr 1995
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-185305131H15,450 ftSep 1995Apr 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 202600106.413.05$0
Apr 202605898.932.87$166
Mar 202608389.753.15$261
Feb 20260063.503.75$0
Jan 202604859.138.00$384
Dec 202507656.664.41$335
Nov 20250058.593.93$0
Oct 202504259.383.30$139
Sep 20250062.743.08$0
Aug 202502963.933.01$87
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202502760.553.23$87
Apr 202503162.363.54$110
Mar 20250067.704.27$0
Feb 202509570.884.34$412
Jan 20250074.324.28$0
Dec 202401768.993.12$53
Nov 202405869.052.20$128
Oct 202403771.372.28$84
Sep 202402469.612.36$57
Aug 202402475.632.06$50
Jul 202404179.932.15$88
Jun 202401778.082.63$45
May 202405078.812.20$110
Apr 202402684.451.66$43
Mar 202404780.301.55$73
Feb 202403576.091.78$62
Jan 202405373.023.30$175
Dec 202307271.262.61$188
Nov 202301677.892.81$45
Oct 202306085.443.09$185
Sep 202306589.042.74$178
Aug 202305280.522.67$139
Jul 202304674.852.64$122
Jun 202304468.962.26$99
May 202324070.622.23$230
Apr 202305678.122.24$125
Mar 202307372.852.39$175
Feb 202306275.112.47$153
Jan 202302876.533.39$95
Dec 202206576.415.73$372
Nov 202207385.005.65$412
Oct 2022011987.185.86$698
Sep 2022014784.888.16$1,200
Aug 2022014694.529.13$1,333
Jul 20220170101.587.54$1,282
Jun 20220164115.097.98$1,308
May 20220167109.378.43$1,408
Apr 20220207104.226.84$1,415
Mar 20220234108.885.08$1,188
Feb 2022048891.054.86$2,371
Jan 2022074881.844.54$3,394
Dec 2021082271.323.90$3,205
Nov 2021077277.435.24$4,043
Oct 2021082179.795.71$4,691
Sep 2021080769.865.35$4,318
Aug 2021090666.024.22$3,824
Jul 2021076670.783.98$3,050
Jun 202102,69969.493.38$9,124
May 2021066763.483.02$2,013
Apr 2021076360.362.76$2,105
Mar 2021098661.302.72$2,679
Feb 2021049357.805.55$2,735
Jan 2021066450.412.81$1,866
Dec 2020063244.642.68$1,691
Nov 2020080138.772.71$2,168
Oct 2020040236.972.48$996
Sep 2020076237.091.99$1,517
Aug 2020064139.982.39$1,529
Jul 2020058138.371.83$1,060
Jun 2020076034.901.69$1,285
May 2020086216.921.81$1,564
Apr 2020088514.751.80$1,597
Mar 2020097930.341.86$1,817
Feb 202001,09149.881.98$2,161
Jan 202001,13857.252.09$2,384
Dec 2019083159.012.30$1,915
Nov 201901,13655.302.75$3,125
Oct 201901,14053.472.42$2,757
Sep 201901,03255.052.66$2,742
Aug 2019054753.112.30$1,260
Jul 2019033056.272.46$812
Jun 2019010552.782.49$262
May 2019035958.482.74$984
Apr 2019096362.632.75$2,649
Mar 201901,01756.803.06$3,114
Feb 2019090750.852.79$2,533
Jan 2019093746.033.23$3,025
Dec 2018094446.594.19$3,951
Nov 201801,11752.934.24$4,733
Oct 201801,23461.443.40$4,193
Sep 201801,02559.543.11$3,186
Aug 2018681,03559.403.07$7,213
Jul 201801,07765.142.93$3,158
Jun 201801,05860.183.08$3,255
May 201801,16065.382.90$3,365
Apr 201801,23563.842.90$3,582
Mar 201801,65961.222.79$4,623
Feb 2018095961.782.77$2,653
Jan 2018093662.874.01$3,753
Dec 201701,57857.272.92$4,610
Nov 201701,50755.423.12$4,699
Oct 201701,80749.292.98$5,392
Sep 2017065447.523.09$2,019
Aug 2017095945.373.00$2,881
Jul 201701,16843.873.09$3,606
Jun 201701,10042.493.09$3,396
May 201701,23945.373.26$4,043
Apr 201701,10247.933.21$3,539
Mar 201701,22046.772.98$3,640
Feb 201701,19150.452.95$3,517
Jan 201731,27949.413.42$4,521
Dec 201631,21648.763.72$4,673
Nov 201631,27942.492.64$3,510
Oct 201601,22246.193.09$3,776
Sep 201601,52441.553.10$4,725
Aug 201601,54041.442.92$4,503
Jul 201601,53841.622.92$4,498
Jun 201601,34245.352.69$3,604
May 201601,51042.521.99$3,006
Apr 201601,44436.561.99$2,875
Mar 201601,55033.011.79$2,781
Feb 201601,33126.472.06$2,747
Jan 201601,50727.352.36$3,563
Dec 201501,47132.362.00$2,944
Nov 201501,41638.792.17$3,069
Oct 201501,51143.552.43$3,667
Sep 201501,42542.992.76$3,931
Aug 201501,31240.162.87$3,769
Jul 201501,43248.152.95$4,217
Jun 201501,42056.152.88$4,094
May 201501,21855.212.96$3,600
Apr 201501,40149.822.71$3,792
Mar 201501,62842.892.93$4,778
Feb 201501,51044.662.98$4,494
Jan 201501,67643.433.10$5,197
Dec 201401,74754.693.59$6,274
Nov 201402,39970.464.25$10,200
Oct 201401,81478.303.90$7,076
Sep 201401,47486.164.05$5,963
Aug 201401,57989.394.04$6,371
Jul 201401,60896.564.18$6,721
Jun 201401,58398.164.74$7,498
May 201401,64794.734.73$7,785
Apr 201401,64595.944.81$7,911
Mar 201401,63295.895.06$8,253
Feb 201401,60897.406.19$9,957
Jan 201401,85090.404.86$8,992
Dec 201301,79091.824.35$7,795
Nov 201301,72588.853.74$6,449
Oct 201301,86797.423.78$7,056
Sep 201301,690104.113.72$6,283
Aug 201301,827104.253.52$6,436
Jul 201301,906102.523.72$7,086
Jun 201301,97294.403.93$7,757
May 201302,06794.834.15$8,576
Apr 201301,15293.964.28$4,934
Mar 201301,58993.623.91$6,218
Feb 201301,80691.233.42$6,176
Jan 201302,00491.603.42$6,854
Dec 201202,01586.773.42$6,892
Nov 201201,89386.953.62$6,862
Oct 201201,96989.383.40$6,694
Sep 201201,86494.672.92$5,440
Aug 201201,80592.662.91$5,249
Jul 201201,95885.133.02$5,915
Jun 201201,88479.822.52$4,746
May 201202,00591.612.49$4,989
Apr 201202,045101.652.00$4,083
Mar 201202,066105.052.22$4,591
Feb 201202,077101.102.57$5,338
Jan 201202,24398.092.73$6,133
Dec 201102,28996.873.24$7,416
Nov 201102,13495.723.31$7,066
Oct 201102,24584.983.65$8,191
Sep 201102,13283.623.99$8,498
Aug 201102,24283.404.15$9,303
Jul 201102,16094.144.52$9,757
Jun 201102,08192.904.64$9,656
May 201102,10498.134.40$9,268
Apr 201101,780105.964.33$7,713
Mar 201102,15296.364.06$8,731
Feb 201102,15285.644.18$8,995
Jan 201102,40186.504.59$11,018
Dec 201001,01585.734.35$4,413
Nov 2010041180.843.80$1,560
Oct 201002,53678.103.51$8,899
Sep 201002,50272.633.98$9,957
Aug 201002,55473.684.42$11,287
Jul 201002,66572.554.74$12,623
Jun 201002,45370.364.91$12,045
May 201003,21571.124.24$13,616
Apr 201002,64981.694.12$10,921
Mar 201002,55678.394.39$11,217
Feb 201002,58573.585.44$14,069
Jan 201002,80974.365.96$16,753
Dec 200902,84971.445.48$15,623
Nov 200902,85874.593.75$10,722
Oct 2009802,61772.544.11$16,560
Sep 200907,32065.543.06$22,434
Aug 2009011,25267.423.22$36,215
Jul 200902,56561.133.46$8,886
Jun 200902,33866.163.90$9,107
May 200993,08954.743.93$12,619
Apr 200902,94246.773.59$10,554
Mar 200942,87542.144.06$11,838
Feb 200912,37932.814.63$11,055
Jan 200974,41335.865.37$23,953
Dec 200826,32937.105.98$37,904
Nov 200805,09855.496.86$34,974
Oct 200846,95275.246.92$48,423
Sep 200808,056101.767.88$63,458
Aug 200814,164114.228.48$35,438
Jul 200803,198131.0811.39$36,423
Jun 200801,966131.3313.03$25,622
May 200804,161123.1711.57$48,161
Apr 200803,594110.3110.45$37,575
Mar 200804,177101.909.66$40,367
Feb 200813,84792.538.77$33,833
Jan 200814,61590.388.21$37,960
Dec 200704,09088.337.30$29,865
Nov 2007794,55691.677.29$40,463
Oct 2007410,81082.856.92$75,158
Sep 2007712,93975.846.24$81,324
Aug 2007214,74069.066.39$94,296
Jul 2007319,82470.906.39$126,847
Jun 2007417,89062.007.55$135,290
May 2007312,54858.747.85$98,631
Apr 2007015,22959.617.81$118,865
Mar 2007013,58756.927.30$99,212
Feb 2007410,19855.108.22$84,007
Jan 2007510,07450.306.73$68,018
Dec 2006512,16956.656.92$84,474
Nov 2006211,55054.207.62$88,090
Oct 2006011,95254.906.01$71,877
Sep 2006813,38360.085.04$67,893
Aug 2006312,96768.717.34$95,383
Jul 20069411,29669.376.34$78,169
Jun 2006312,50166.286.38$80,004
May 2006312,09766.016.42$77,921
Apr 2006913,69064.397.36$101,344
Mar 20062115,41856.707.08$110,395
Feb 20062715,17157.597.75$119,147
Jan 2006017,20660.598.93$153,707
Dec 2005918,74954.9413.42$252,020
Nov 2005417,42654.6910.59$184,732
Oct 2005721,52058.3413.80$297,293
Sep 2005018,10361.4512.08$218,666
Aug 2005018,58861.519.80$182,104
Jul 2005019,15955.697.84$150,276
Jun 2005018,56252.337.38$137,007
May 20051420,51445.226.65$137,075
Apr 2005719,25049.207.36$142,034
Mar 2005820,18750.377.15$144,839
Feb 200511818,73945.226.31$123,615
Jan 2005521,47743.166.32$135,998
Dec 2004019,92139.866.75$134,488
Nov 2004520,68645.286.33$131,177
Oct 20041619,71249.706.52$129,221
Sep 2004425,09043.245.28$132,746
Aug 200409,45942.375.55$52,504
Jul 2004917,93338.286.08$109,452
Jun 2004017,84336.106.43$114,784
May 2004023,12337.486.49$150,174
Apr 2004022,59934.475.86$132,395
Mar 2004023,04934.365.53$127,464
Feb 2004022,13032.455.51$121,928
Jan 2004023,97432.036.30$151,028
Dec 2003024,14830.266.30$152,172
Nov 20036924,62928.804.60$115,161
Oct 2003025,70128.174.76$122,328
Sep 2003028,82526.314.75$136,900
Aug 2003032,30829.765.13$165,731
Jul 200318935,62229.415.17$189,754
Jun 2003027,36328.565.98$163,712
May 2003030,59426.595.97$182,728
Apr 2003027,90126.675.41$150,869
Mar 2003029,89831.146.10$182,259
Feb 2003026,80433.487.93$212,445
Jan 2003031,07330.315.58$173,451
Dec 2002033,93826.914.85$164,727
Nov 2002032,82324.664.14$135,787
Oct 2002035,33126.464.23$149,419
Sep 2002032,25227.443.64$117,242
Aug 2002015,15425.963.16$47,950
Jul 2002017,70124.583.06$54,196
Jun 200209,32423.733.34$31,126
May 20021766,49324.663.58$27,611
Apr 2002016,08523.653.51$56,496
Mar 2002020,63922.003.10$64,037
Feb 2002017,66018.222.38$41,955
Jan 2002022,91617.172.38$54,441
Dec 2001020,23916.932.36$47,853
Nov 2001037,46518.072.41$90,123
Oct 2001039,82019.782.53$100,700
Sep 2001039,86324.262.25$89,744
Aug 200117738,40224.873.05$121,649
Jul 2001029,56823.933.20$94,531
Jun 2001010,99524.563.82$42,047
May 2001020,23825.524.31$87,172
Apr 2001028,25924.685.34$150,771
Mar 200118233,37924.545.38$183,926
Feb 2001028,90927.755.77$166,721
Jan 200118337,51127.478.40$320,073
Dec 200018361,87726.889.12$569,392
Nov 200018369,78532.215.66$400,738
Oct 200018154,50431.235.15$286,103
Sep 200018054,30431.875.19$287,384
Aug 200018257,16329.644.54$264,957
Jul 2000058,84328.534.09$240,653
Jun 200017657,89329.304.40$259,727
May 200018160,92127.263.68$229,108
Apr 200018060,73424.513.12$193,659
Mar 200018067,45728.422.86$198,026
Feb 200017968,43327.622.73$191,527
Jan 200018277,41625.272.48$196,630
Dec 199935883,27924.282.42$210,537
Nov 199918483,37023.192.43$207,189
Oct 199917789,48820.982.80$254,612
Sep 199935491,23221.752.62$246,622
Aug 1999178100,61619.262.88$292,760
Jul 1999353114,66617.892.37$278,345
Jun 199917791,29815.942.36$218,476
May 199917798,24415.792.32$230,821
Apr 1999363101,24915.102.21$229,044
Mar 1999351109,77212.471.84$206,174
Feb 1999353102,3399.981.82$189,554
Jan 1999176123,45810.381.90$236,391
Dec 1998541133,9299.201.77$242,476
Nov 1998353134,89510.892.19$298,687
Oct 1998351143,53912.421.97$287,018
Sep 1998516153,39512.592.08$325,960
Aug 1998539169,17811.301.91$328,772
Jul 1998352178,06611.742.24$402,514
Jun 1998525183,25111.242.24$415,883
May 1998707200,37312.622.21$451,013
Apr 1998711203,67613.042.51$519,547
Mar 1998904222,12412.802.31$524,553
Feb 1998899208,40113.952.30$491,682
Jan 19981,072240,28414.702.15$533,520
Dec 19971,073252,41716.322.41$626,114
Nov 1997718271,92618.193.09$852,839
Oct 19971,188299,51419.253.15$966,284
Sep 19971,249306,57017.742.95$928,035
Aug 19971,612326,25717.862.55$862,292
Jul 19971,272336,57917.582.25$778,635
Jun 19971,693357,83617.242.26$836,895
May 19971,860385,05818.972.31$924,191
Apr 19972,267383,72417.882.08$839,747
Mar 19971,803410,53918.951.94$830,259
Feb 19971,700388,36420.492.21$891,525
Jan 19971,664445,49823.483.54$1,616,000
Dec 19962,884454,32023.32$67,255
Nov 19962,423460,81321.97$53,233
Oct 19962,742485,48123.31$63,916
Sep 19962,492496,53722.22$55,372
Aug 19962,792515,16320.26$56,566
Jul 19962,788523,36219.55$54,505
Jun 19963,047553,76318.73$57,070
May 19963,336595,97419.43$64,818
Apr 19963,739600,50021.51$80,426
Mar 19963,561621,01319.38$69,012
Feb 19963,625573,89616.98$61,553
Jan 19962,869509,84717.07$48,974
Dec 19951,424281,27317.19$24,479
Nov 19952,873432,89716.00$45,968
Oct 19952,787407,52115.43$43,003
Sep 19951,429205,61716.18$23,121

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   58 Mcf  × $  2.87 =       $166

────────────────────────────────────────────────────
Month total                                     $166

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/156029 is the state's own key, not one this site invented.