CASSIDY UNIT

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 156238District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
Jul 1995 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
371
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 Gas331995-12-14 – 2008-02-193 dockets
NGPA3none

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
CondensateDisposition1,108 bbl$28,235
GasProduction3,498,077 Mcf$4,845,973
Total$4,874,208

2,210,465 Mcf of this lease's gas, across 18 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 30.2859, -96.3838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.28588, -96.38380 · 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
19,175 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 19,175 ft.

Completions filed
May 2006
1 of 1 wells

1 well

42-47730781119,175 ftMay 2006

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 (371)

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

371 months

May 20260391106.413.05$1,191
Apr 2026033798.932.87$967
Mar 2026044889.753.15$1,411
Feb 2026033763.503.75$1,264
Jan 2026029559.138.00$2,359
Dec 2025039556.664.41$1,743
Nov 2025033558.593.93$1,315
Oct 2025039559.383.30$1,305
Sep 2025032662.743.08$1,003
Aug 2025033563.933.01$1,010
Jul 2025033966.743.32$1,124
Jun 2025033966.483.13$1,061
May 2025033860.553.23$1,093
Apr 2025033762.363.54$1,194
Mar 2025033567.704.27$1,430
Feb 2025039370.884.34$1,706
Jan 2025035674.324.28$1,523
Dec 2024033868.993.12$1,055
Nov 2024027969.052.20$613
Oct 2024028171.372.28$641
Sep 2024033369.612.36$787
Aug 2024011775.632.06$241
Jul 202405979.932.15$127
Jun 202407478.082.63$195
May 202406278.812.20$136
Apr 2024016984.451.66$280
Mar 2024027680.301.55$426
Feb 2024026976.091.78$480
Jan 2024027673.023.30$910
Dec 2023028071.262.61$731
Nov 2023028977.892.81$811
Oct 2023030185.443.09$929
Sep 2023035389.042.74$965
Aug 2023040880.522.67$1,091
Jul 2023044274.852.64$1,168
Jun 2023053768.962.26$1,213
May 2023063670.622.23$1,417
Apr 2023064178.122.24$1,434
Mar 2023064172.852.39$1,534
Feb 2023064275.112.47$1,583
Jan 2023064476.533.39$2,182
Dec 2022071176.415.73$4,073
Nov 2022073585.005.65$4,150
Oct 2022064787.185.86$3,794
Sep 2022065184.888.16$5,315
Aug 2022074494.529.13$6,791
Jul 20220743101.587.54$5,604
Jun 20220742115.097.98$5,919
May 20220739109.378.43$6,232
Apr 20220705104.226.84$4,821
Mar 20220629108.885.08$3,193
Feb 2022063791.054.86$3,095
Jan 2022072881.844.54$3,303
Dec 2021074071.323.90$2,885
Nov 2021073777.435.24$3,860
Oct 2021085279.795.71$4,868
Sep 2021075269.865.35$4,024
Aug 2021086266.024.22$3,638
Jul 202101,04870.783.98$4,173
Jun 202101,16169.493.38$3,925
May 202101,13163.483.02$3,413
Apr 2021097360.362.76$2,684
Mar 202101,08561.302.72$2,948
Feb 2021098257.805.55$5,448
Jan 2021029650.412.81$832
Dec 2020055544.642.68$1,485
Nov 2020038638.772.71$1,045
Oct 2020075236.972.48$1,864
Sep 202011,04537.091.99$2,118
Aug 202001,12539.982.39$2,683
Jul 2020094438.371.83$1,723
Jun 202001,06034.901.69$1,792
May 202001,09416.921.81$1,985
Apr 2020088214.751.80$1,591
Mar 202001,37630.341.86$2,554
Feb 202001,12549.881.98$2,228
Jan 2020059057.252.09$1,236
Dec 2019045959.012.30$1,058
Nov 2019033255.302.75$913
Oct 2019322453.472.42$702
Sep 2019016855.052.66$446
Aug 2019011353.112.30$260
Jul 2019123256.272.46$627
Jun 201909852.782.49$244
May 201907958.482.74$216
Apr 2019011062.632.75$303
Mar 2019110056.803.06$363
Feb 201907950.852.79$221
Jan 201905546.033.23$178
Dec 201826246.594.19$353
Nov 20180052.934.24$0
Oct 2018113861.443.40$530
Sep 2018019359.543.11$600
Aug 2018124859.403.07$820
Jul 2018027165.142.93$795
Jun 2018136860.183.08$1,192
May 2018047965.382.90$1,389
Apr 2018063463.842.90$1,839
Mar 2018081861.222.79$2,280
Feb 2018065861.782.77$1,820
Jan 2018285162.874.01$3,538
Dec 2017080457.272.92$2,349
Nov 201701,07855.423.12$3,362
Oct 201701,05249.292.98$3,139
Sep 2017068847.523.09$2,124
Aug 2017086045.373.00$2,584
Jul 201701,09643.873.09$3,384
Jun 201701,10542.493.09$3,411
May 201701,20045.373.26$3,916
Apr 201701,17647.933.21$3,777
Mar 201701,20346.772.98$3,589
Feb 201701,08350.452.95$3,198
Jan 201701,21449.413.42$4,150
Dec 201601,19648.763.72$4,453
Nov 201601,17442.492.64$3,104
Oct 201601,24446.193.09$3,844
Sep 201601,19941.553.10$3,718
Aug 201601,27341.442.92$3,723
Jul 201601,28141.622.92$3,746
Jun 201601,59045.352.69$4,270
May 2016097342.521.99$1,937
Apr 201601,26936.561.99$2,527
Mar 201601,34733.011.79$2,417
Feb 201601,30126.472.06$2,685
Jan 201601,37327.352.36$3,246
Dec 201501,41632.362.00$2,834
Nov 201501,46338.792.17$3,171
Oct 201501,39943.552.43$3,395
Sep 201501,34042.992.76$3,696
Aug 201501,28440.162.87$3,688
Jul 201501,38148.152.95$4,067
Jun 201501,33956.152.88$3,860
May 201501,35455.212.96$4,002
Apr 201501,32549.822.71$3,586
Mar 201501,36842.892.93$4,015
Feb 201501,27444.662.98$3,792
Jan 201501,42843.433.10$4,428
Dec 201401,27054.693.59$4,561
Nov 201401,23070.464.25$5,230
Oct 201401,25378.303.90$4,888
Sep 201401,25986.164.05$5,093
Aug 201401,34189.394.04$5,411
Jul 201401,42496.564.18$5,952
Jun 201401,49398.164.74$7,072
May 201401,60494.734.73$7,581
Apr 201401,61895.944.81$7,781
Mar 201401,62195.895.06$8,197
Feb 201401,48997.406.19$9,220
Jan 201401,67890.404.86$8,156
Dec 201301,68291.824.35$7,324
Nov 201301,64288.853.74$6,138
Oct 201301,73397.423.78$6,550
Sep 201301,763104.113.72$6,554
Aug 201301,815104.253.52$6,394
Jul 201301,724102.523.72$6,409
Jun 201301,68094.403.93$6,608
May 201301,76394.834.15$7,315
Apr 201301,70793.964.28$7,310
Mar 201301,71993.623.91$6,726
Feb 201301,64191.233.42$5,612
Jan 201301,84991.603.42$6,323
Dec 201201,88686.773.42$6,450
Nov 201201,90386.953.62$6,898
Oct 201201,99089.383.40$6,765
Sep 201201,94894.672.92$5,685
Aug 201202,04392.662.91$5,941
Jul 201202,06185.133.02$6,226
Jun 201201,93979.822.52$4,884
May 201202,06091.612.49$5,126
Apr 201201,993101.652.00$3,980
Mar 201202,091105.052.22$4,646
Feb 201201,853101.102.57$4,763
Jan 201202,07598.092.73$5,673
Dec 201102,13396.873.24$6,910
Nov 201102,07495.723.31$6,868
Oct 201102,19284.983.65$7,998
Sep 201102,14883.623.99$8,562
Aug 201102,22783.404.15$9,241
Jul 201102,24294.144.52$10,128
Jun 201102,19992.904.64$10,203
May 201102,46098.134.40$10,836
Apr 201102,806105.964.33$12,159
Mar 201102,76696.364.06$11,223
Feb 201102,48385.644.18$10,379
Jan 201102,59986.504.59$11,926
Dec 201002,79785.734.35$12,161
Nov 201002,68080.843.80$10,171
Oct 201002,54878.103.51$8,941
Sep 201002,83372.633.98$11,274
Aug 201003,02773.684.42$13,377
Jul 201003,05372.554.74$14,461
Jun 201003,34070.364.91$16,401
May 201004,18871.124.24$17,737
Apr 201001,88881.694.12$7,784
Mar 201002,70578.394.39$11,871
Feb 201002,58473.585.44$14,063
Jan 201003,01874.365.96$18,000
Dec 200903,51671.445.48$19,281
Nov 200903,02974.593.75$11,363
Oct 200902,91372.544.11$11,973
Sep 200903,15965.543.06$9,682
Aug 200903,54767.423.22$11,416
Jul 200903,17061.133.46$10,982
Jun 200903,59766.163.90$14,010
May 200903,69454.743.93$14,502
Apr 200903,38046.773.59$12,126
Mar 200903,71542.144.06$15,079
Feb 200903,60332.814.63$16,693
Jan 200904,17235.865.37$22,408
Dec 200804,25137.105.98$25,409
Nov 200804,89955.496.86$33,609
Oct 20081333,30675.246.92$32,891
Sep 200803,159101.767.88$24,884
Aug 200803,412114.228.48$28,944
Jul 200804,604131.0811.39$52,437
Jun 200804,171131.3313.03$54,359
May 200805,204123.1711.57$60,233
Apr 200804,221110.3110.45$44,130
Mar 200804,441101.909.66$42,918
Feb 200803,81892.538.77$33,486
Jan 200804,45690.388.21$36,565
Dec 200704,46888.337.30$32,625
Nov 200704,29891.677.29$31,340
Oct 200704,94282.856.92$34,208
Sep 200704,93675.846.24$30,821
Aug 200705,19069.066.39$33,153
Jul 200705,39870.906.39$34,482
Jun 200705,14162.007.55$38,807
May 200706,34858.747.85$49,808
Apr 200705,77359.617.81$45,059
Mar 200706,44856.927.30$47,083
Feb 200706,24655.108.22$51,317
Jan 200707,17450.306.73$48,258
Dec 200608,20456.656.92$56,759
Nov 200608,21554.207.62$62,578
Oct 200609,67454.906.01$58,178
Sep 2006011,42960.085.04$57,570
Aug 2006013,93568.717.34$102,282
Jul 2006117,31569.376.34$109,894
Jun 2006225,92166.286.38$165,609
May 2006019,22266.016.42$123,501
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001932,78127.755.77$18,619
Jan 2001011,10827.478.40$93,293
Dec 200009,90026.889.12$90,313
Nov 200008,65232.215.66$48,953
Oct 200009,08731.235.15$46,757
Sep 200002,99231.875.19$15,518
Aug 200003,17629.644.54$14,421
Jul 200006,00028.534.09$24,539
Jun 2000013,38329.304.40$58,848
May 200009,92227.263.68$36,510
Apr 200008,60324.513.12$26,807
Mar 2000010,17128.422.86$29,087
Feb 2000010,32227.622.73$28,143
Jan 200007,65625.272.48$18,991
Dec 199908,64324.282.42$20,948
Nov 199906,11223.192.43$14,877
Oct 199907,90120.982.80$22,152
Sep 199906,38121.752.62$16,711
Aug 199905,63919.262.88$16,216
Jul 19991415,31517.892.37$15,132
Jun 199904,75515.942.36$11,232
May 199903,52415.792.32$8,179
Apr 199906,27815.102.21$13,862
Mar 1999013,22912.471.84$24,319
Feb 1999011,2929.981.82$20,526
Jan 1999014,53410.381.90$27,614
Dec 1998015,1219.201.77$26,814
Nov 1998013,89210.892.19$30,364
Oct 1998017,93812.421.97$35,324
Sep 1998018,44212.592.08$38,408
Aug 1998020,65111.301.91$39,389
Jul 1998021,92911.742.24$49,061
Jun 1998022,72011.242.24$50,831
May 1998025,80812.622.21$56,941
Apr 1998021,68013.042.51$54,316
Mar 1998028,83912.802.31$66,602
Feb 1998024,43913.952.30$56,188
Jan 1998017,34614.702.15$37,377
Dec 199701,53716.322.41$3,706
Nov 199709,09318.193.09$28,082
Oct 1997029,77219.253.15$93,776
Sep 1997057,03917.742.95$168,543
Aug 1997059,98417.862.55$153,244
Jul 19970017.582.25$0
Jun 1997011,62217.242.26$26,233
May 1997025,37118.972.31$58,569
Apr 1997025,38417.882.08$52,869
Mar 1997039,63618.951.94$76,860
Feb 1997035,70520.492.21$78,762
Jan 1997044,50323.483.54$157,527
Dec 1996049,43823.32$0
Nov 1996048,07321.97$0
Oct 1996056,26023.31$0
Sep 1996059,07422.22$0
Aug 1996063,58020.26$0
Jul 1996072,33419.55$0
Jun 199618359,96218.73$3,428
May 1996085,75619.43$0
Apr 1996094,99021.51$0
Mar 19960107,12619.38$0
Feb 19960122,69116.98$0
Jan 19960137,02317.07$0
Dec 1995180174,27917.19$3,094
Nov 1995184218,81316.00$2,944
Oct 1995178301,54415.43$2,747
Sep 19950434,94216.18$0
Aug 1995067,15315.92$0
Jul 1995057,42715.24$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                  391 Mcf  × $  3.05 =     $1,191

────────────────────────────────────────────────────
Month total                                   $1,191

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/156238 is the state's own key, not one this site invented.