CARMEN

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 156374District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Aug 1995 – May 2026
Value, last 12 filed months
$96 k
at the published price for each month
Months reported
370
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 Gas111996-01-08133448
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
CondensateDisposition218 bbl$4,806
GasProduction7,515,111 Mcf$6,336,728
Total$6,341,534

5,624,353 Mcf of this lease's gas, across 17 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 30.4728, -96.0303. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.47280, -96.03028 · 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
15,790 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 15,790 ft.

Completions filed
Aug 1995
1 of 1 wells

1 well

42-185305231H15,790 ftAug 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 (370)

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

370 months

May 202602,204106.413.05$6,713
Apr 202602,11798.932.87$6,075
Mar 202602,04789.753.15$6,447
Feb 202601,85463.503.75$6,953
Jan 202602,11659.138.00$16,924
Dec 202502,15156.664.41$9,493
Nov 202502,27958.593.93$8,948
Oct 202501,80559.383.30$5,965
Sep 202502,10362.743.08$6,471
Aug 202502,33763.933.01$7,045
Jul 202502,35666.743.32$7,811
Jun 202502,31966.483.13$7,256
May 202502,43760.553.23$7,877
Apr 202512,36962.363.54$8,456
Mar 202502,51067.704.27$10,713
Feb 202502,73470.884.34$11,868
Jan 20250074.324.28$0
Dec 202401,19168.993.12$3,718
Nov 202402,25669.052.20$4,960
Oct 202402,30671.372.28$5,261
Sep 202402,29169.612.36$5,417
Aug 202432,47275.632.06$5,328
Jul 202402,16079.932.15$4,637
Jun 202402,46378.082.63$6,487
May 202402,63078.812.20$5,782
Apr 2024066284.451.66$1,098
Mar 202402,43580.301.55$3,762
Feb 202402,18676.091.78$3,899
Jan 202402,25673.023.30$7,440
Dec 202302,41571.262.61$6,305
Nov 202302,42377.892.81$6,803
Oct 202312,16585.443.09$6,769
Sep 202302,05889.042.74$5,629
Aug 202302,04180.522.67$5,455
Jul 202302,18974.852.64$5,783
Jun 202302,36168.962.26$5,332
May 202302,29670.622.23$5,114
Apr 202301,88478.122.24$4,216
Mar 202301,93372.852.39$4,626
Feb 202301,81375.112.47$4,470
Jan 202302,21376.533.39$7,497
Dec 202202,29976.415.73$13,171
Nov 202201,97885.005.65$11,168
Oct 202201,28287.185.86$7,517
Sep 202202,08784.888.16$17,038
Aug 202202,34994.529.13$21,440
Jul 202202,121101.587.54$15,997
Jun 202202,315115.097.98$18,467
May 202202,371109.378.43$19,995
Apr 202202,268104.226.84$15,508
Mar 202202,319108.885.08$11,772
Feb 202201,97491.054.86$9,591
Jan 202202,20381.844.54$9,997
Dec 202102,41571.323.90$9,416
Nov 202102,07577.435.24$10,866
Oct 202102,29979.795.71$13,136
Sep 202102,40869.865.35$12,885
Aug 202102,57066.024.22$10,847
Jul 202102,69570.783.98$10,732
Jun 202102,67269.493.38$9,033
May 202102,86163.483.02$8,634
Apr 202102,45160.362.76$6,761
Mar 202102,90761.302.72$7,898
Feb 202101,95657.805.55$10,852
Jan 202102,84450.412.81$7,992
Dec 202002,81144.642.68$7,521
Nov 202002,75738.772.71$7,462
Oct 202002,63236.972.48$6,523
Sep 202002,79137.091.99$5,557
Aug 202002,97539.982.39$7,096
Jul 202002,49438.371.83$4,552
Jun 202002,75034.901.69$4,648
May 202002,80516.921.81$5,090
Apr 202002,73014.751.80$4,926
Mar 202002,84430.341.86$5,279
Feb 202002,66949.881.98$5,286
Jan 202002,87657.252.09$6,024
Dec 201902,90759.012.30$6,699
Nov 201902,84055.302.75$7,812
Oct 201902,96253.472.42$7,164
Sep 201902,86455.052.66$7,610
Aug 201902,93753.112.30$6,768
Jul 201902,78356.272.46$6,846
Jun 201903,19052.782.49$7,947
May 2019076558.482.74$2,096
Apr 201902,40462.632.75$6,613
Mar 201901,04056.803.06$3,185
Feb 201901,83350.852.79$5,118
Jan 201902,16946.033.23$7,002
Dec 201802,75846.594.19$11,543
Nov 201801,29252.934.24$5,475
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201801,84060.183.08$5,662
May 201802,79265.382.90$8,099
Apr 201802,38663.842.90$6,921
Mar 201802,90761.222.79$8,101
Feb 2018063161.782.77$1,745
Jan 2018016562.874.01$662
Dec 201701,82157.272.92$5,320
Nov 201702,27855.423.12$7,104
Oct 201702,62849.292.98$7,841
Sep 201701,43847.523.09$4,440
Aug 201701,88745.373.00$5,669
Jul 201702,52443.873.09$7,792
Jun 201702,31042.493.09$7,132
May 201702,61345.373.26$8,527
Apr 201702,50547.933.21$8,045
Mar 201702,65746.772.98$7,928
Feb 201702,22850.452.95$6,578
Jan 201702,54649.413.42$8,704
Dec 201602,59148.763.72$9,646
Nov 201602,50242.492.64$6,616
Oct 201602,58646.193.09$7,991
Sep 201602,58341.553.10$8,009
Aug 201602,72341.442.92$7,963
Jul 201602,75741.622.92$8,062
Jun 201602,62745.352.69$7,056
May 201603,14342.521.99$6,258
Apr 201602,78236.561.99$5,539
Mar 201602,91133.011.79$5,222
Feb 201602,74026.472.06$5,654
Jan 201602,97027.352.36$7,022
Dec 201502,91332.362.00$5,830
Nov 201502,73238.792.17$5,921
Oct 201502,97643.552.43$7,222
Sep 201502,90142.992.76$8,002
Aug 201503,01440.162.87$8,658
Jul 201503,04248.152.95$8,959
Jun 201502,93356.152.88$8,455
May 201503,02855.212.96$8,949
Apr 201503,02649.822.71$8,190
Mar 201503,14542.892.93$9,230
Feb 201502,84744.662.98$8,473
Jan 201503,15043.433.10$9,767
Dec 201403,17954.693.59$11,417
Nov 201403,10370.464.25$13,193
Oct 201403,18178.303.90$12,409
Sep 201403,09586.164.05$12,521
Aug 201403,19489.394.04$12,888
Jul 201403,19796.564.18$13,362
Jun 201403,13898.164.74$14,864
May 201403,28494.734.73$15,522
Apr 201403,15595.944.81$15,173
Mar 201402,74495.895.06$13,876
Feb 201402,98197.406.19$18,458
Jan 201402,58890.404.86$12,580
Dec 201303,41591.824.35$14,871
Nov 201302,59288.853.74$9,690
Oct 201302,68697.423.78$10,151
Sep 201304,037104.113.72$15,009
Aug 201302,913104.253.52$10,261
Jul 201303,517102.523.72$13,075
Jun 201303,47594.403.93$13,669
May 201303,31594.834.15$13,754
Apr 201302,11393.964.28$9,049
Mar 201302,91093.623.91$11,386
Feb 201303,11691.233.42$10,656
Jan 201303,48391.603.42$11,912
Dec 201203,50886.773.42$11,998
Nov 201203,39586.953.62$12,307
Oct 201203,51089.383.40$11,933
Sep 201203,42294.672.92$9,987
Aug 201203,51092.662.91$10,208
Jul 201203,51085.133.02$10,603
Jun 201203,40179.822.52$8,567
May 201203,50191.612.49$8,712
Apr 201203,456101.652.00$6,901
Mar 201203,702105.052.22$8,226
Feb 201203,302101.102.57$8,487
Jan 201203,53298.092.73$9,657
Dec 201103,62196.873.24$11,731
Nov 201103,54995.723.31$11,752
Oct 201103,63284.983.65$13,252
Sep 201103,53983.623.99$14,106
Aug 201103,79683.404.15$15,751
Jul 201103,51694.144.52$15,883
Jun 201103,58092.904.64$16,611
May 201103,96298.134.40$17,452
Apr 201103,502105.964.33$15,175
Mar 201103,79196.364.06$15,381
Feb 201103,26585.644.18$13,648
Jan 201103,64886.504.59$16,740
Dec 201003,68285.734.35$16,008
Nov 201003,74480.843.80$14,210
Oct 201003,66778.103.51$12,867
Sep 201003,45372.633.98$13,741
Aug 201003,92073.684.42$17,324
Jul 201003,87072.554.74$18,330
Jun 201003,51670.364.91$17,265
May 201004,13371.124.24$17,504
Apr 201003,03981.694.12$12,529
Mar 201004,01278.394.39$17,607
Feb 201003,51273.585.44$19,114
Jan 201003,85174.365.96$22,968
Dec 200904,03671.445.48$22,132
Nov 200903,68074.593.75$13,806
Oct 200903,95472.544.11$16,252
Sep 200903,85665.543.06$11,818
Aug 200903,86867.423.22$12,449
Jul 200903,97661.133.46$13,775
Jun 200903,18066.163.90$12,386
May 200903,90054.743.93$15,310
Apr 200903,63746.773.59$13,048
Mar 200903,76342.144.06$15,274
Feb 200903,40732.814.63$15,785
Jan 200903,91635.865.37$21,033
Dec 200803,79937.105.98$22,707
Nov 200803,78755.496.86$25,980
Oct 200804,06075.246.92$28,103
Sep 200803,141101.767.88$24,742
Aug 200803,227114.228.48$27,375
Jul 200803,802131.0811.39$43,303
Jun 200803,588131.3313.03$46,761
May 200803,787123.1711.57$43,832
Apr 200803,685110.3110.45$38,526
Mar 200803,701101.909.66$35,767
Feb 200803,46592.538.77$30,390
Jan 200813,73190.388.21$30,706
Dec 200703,88788.337.30$28,383
Nov 200703,71091.677.29$27,052
Oct 200703,53782.856.92$24,483
Sep 200703,51875.846.24$21,967
Aug 200703,81469.066.39$24,364
Jul 200703,50270.906.39$22,371
Jun 200703,39062.007.55$25,589
May 200703,79058.747.85$29,737
Apr 200703,60559.617.81$28,138
Mar 200703,73556.927.30$27,273
Feb 200703,35155.108.22$27,532
Jan 200703,09050.306.73$20,786
Dec 200603,57656.656.92$24,740
Nov 200613,53054.207.62$26,944
Oct 200603,38954.906.01$20,381
Sep 200603,52760.085.04$17,766
Aug 200603,43768.717.34$25,227
Jul 200603,79469.376.34$24,064
Jun 200603,46966.286.38$22,146
May 200613,98766.016.42$25,682
Apr 200603,56064.397.36$26,203
Mar 200603,53456.707.08$25,031
Feb 200603,54457.597.75$27,470
Jan 200603,57960.598.93$31,972
Dec 200503,75654.9413.42$50,388
Nov 200514,00754.6910.59$42,482
Oct 200554,79958.3413.80$66,498
Sep 200574761.4512.08$998
Aug 2005018561.519.80$1,812
Jul 2005025755.697.84$2,016
Jun 2005018852.337.38$1,388
May 2005017445.226.65$1,157
Apr 2005018949.207.36$1,391
Mar 2005021550.377.15$1,538
Feb 2005023145.226.31$1,458
Jan 2005022243.166.32$1,404
Dec 2004050439.866.75$3,403
Nov 2004028845.286.33$1,823
Oct 2004026249.706.52$1,707
Sep 2004022043.245.28$1,162
Aug 2004032442.375.55$1,798
Jul 2004022038.286.08$1,339
Jun 2004025736.106.43$1,653
May 2004061637.486.49$4,001
Apr 2004065834.475.86$3,855
Mar 2004058634.365.53$3,241
Feb 2004054032.455.51$2,975
Jan 2004064032.036.30$4,032
Dec 2003067730.266.30$4,266
Nov 2003088828.804.60$4,081
Oct 200301,10128.174.76$5,240
Sep 200301,49926.314.75$7,119
Aug 200301,56629.765.13$8,033
Jul 200301,83429.415.17$9,483
Jun 200302,04928.565.98$12,259
May 200301,62126.595.97$9,682
Apr 200302,58526.675.41$13,978
Mar 200302,67231.146.10$16,289
Feb 200303,39633.487.93$26,916
Jan 200302,35430.315.58$13,140
Dec 200202,75726.914.85$13,382
Nov 200202,34724.664.14$9,709
Oct 200202,57626.464.23$10,894
Sep 200202,79627.443.64$10,164
Aug 200203,07225.963.16$9,720
Jul 200203,00124.583.06$9,188
Jun 200202,92523.733.34$9,764
May 200201,01524.663.58$3,638
Apr 200201,34923.653.51$4,738
Mar 200205,80722.003.10$18,018
Feb 200204,42518.222.38$10,512
Jan 200205,77917.172.38$13,729
Dec 200104,20016.932.36$9,930
Nov 200104,19818.072.41$10,098
Oct 200104,38119.782.53$11,079
Sep 200104,58424.262.25$10,320
Aug 200104,22624.873.05$12,903
Jul 200105,08723.933.20$16,264
Jun 200104,12324.563.82$15,767
May 200105,23025.524.31$22,527
Apr 200104,49424.685.34$23,977
Mar 200105,20624.545.38$27,990
Feb 200104,63627.755.77$26,736
Jan 200105,09627.478.40$42,800
Dec 200005,26726.889.12$48,048
Nov 200005,18632.215.66$29,342
Oct 200004,35831.235.15$22,424
Sep 200002,49631.875.19$12,946
Aug 200003,41229.644.54$15,493
Jul 200001,93928.534.09$7,930
Jun 200001,73629.304.40$7,634
May 200004,33627.263.68$15,955
Apr 200003,56424.513.12$11,105
Mar 200005,10828.422.86$14,608
Feb 200001,49027.622.73$4,062
Jan 200002,58825.272.48$6,420
Dec 199902,78324.282.42$6,745
Nov 199902,59123.192.43$6,306
Oct 199903,84820.982.80$10,789
Sep 199901,85621.752.62$4,861
Aug 199903,29119.262.88$9,464
Jul 199903,27117.892.37$7,760
Jun 199903,70915.942.36$8,761
May 199903,01915.792.32$7,007
Apr 199904,44115.102.21$9,806
Mar 199903,41212.471.84$6,272
Feb 199903,5739.981.82$6,495
Jan 199904,81410.381.90$9,146
Dec 199804,9239.201.77$8,730
Nov 199804,67810.892.19$10,225
Oct 199804,68712.421.97$9,230
Sep 199805,81612.592.08$12,113
Aug 199806,87111.301.91$13,105
Jul 199807,93211.742.24$17,746
Jun 199808,43911.242.24$18,880
May 1998521,54012.622.21$4,054
Apr 199801213.042.51$30
Mar 1998022212.802.31$513
Feb 199809513.952.30$218
Jan 19980914.702.15$19
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970519.253.15$16
Sep 1997019,20217.742.95$56,740
Aug 1997053,62717.862.55$137,003
Jul 19970124,10317.582.25$278,852
Jun 19974141,59617.242.26$319,679
May 199710157,13518.972.31$362,936
Apr 1997088,30217.882.08$183,914
Mar 19972108,41818.951.94$210,276
Feb 19970107,03620.492.21$236,111
Jan 19971135,11223.483.54$478,279
Dec 199610148,27623.32$233
Nov 19963173,30821.97$66
Oct 19961193,68023.31$23
Sep 19967213,08422.22$156
Aug 19960242,07620.26$0
Jul 199670270,14519.55$1,369
Jun 19961287,77118.73$19
May 19965340,94619.43$97
Apr 19960378,77121.51$0
Mar 19961444,58419.38$19
Feb 19963479,71216.98$51
Jan 19963488,23217.07$51
Dec 19951246,43617.19$17
Nov 19955516,63316.00$80
Oct 19953418,98015.43$46
Sep 19957322,75216.18$113
Aug 19958458,96715.92$127

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                2,204 Mcf  × $  3.05 =     $6,713

────────────────────────────────────────────────────
Month total                                   $6,713

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/156374 is the state's own key, not one this site invented.