RED RIVER 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 156441District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.1 M
Oct 1995 – May 2026
Value, last 12 filed months
$94 k
at the published price for each month
Months reported
368
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 Gas111996-01-08133825
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
CondensateDisposition51,335 bbl$1,823,674
GasProduction2,956,530 Mcf$8,273,986
Total$10,097,660

929,888 Mcf of this lease's gas, across 15 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 29.9623, -96.7271. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.96226, -96.72712 · 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
16,113 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 16,113 ft.

Completions filed
Oct 1995
1 of 1 wells

1 well

42-14932983116,113 ftOct 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 (368)

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

368 months

May 202601,463106.413.05$4,456
Apr 202601,16998.932.87$3,355
Mar 20261851,43689.753.15$21,126
Feb 202601,14563.503.75$4,294
Jan 202601,57159.138.00$12,565
Dec 202511,78356.664.41$7,926
Nov 202501,18458.593.93$4,649
Oct 20251741,35059.383.30$14,794
Sep 202501,53462.743.08$4,720
Aug 202501,89863.933.01$5,722
Jul 202501,70666.743.32$5,656
Jun 202501,55266.483.13$4,856
May 20251781,76160.553.23$16,470
Apr 202511,65762.363.54$5,933
Mar 20251171,81267.704.27$15,655
Feb 202501,65070.884.34$7,162
Jan 202501,47174.324.28$6,294
Dec 20241762,03168.993.12$18,482
Nov 202401,51069.052.20$3,320
Oct 202401,99771.372.28$4,556
Sep 202402,05669.612.36$4,861
Aug 20241632,03375.632.06$16,523
Jul 202402,31579.932.15$4,969
Jun 20241891,90378.082.63$19,770
May 202401,73578.812.20$3,814
Apr 202402,08584.451.66$3,459
Mar 20241943,59380.301.55$21,130
Feb 202413,48476.091.78$6,290
Jan 202405,19373.023.30$17,125
Dec 20231825,77171.262.61$28,036
Nov 20231722,68177.892.81$20,924
Oct 202302,57485.443.09$7,947
Sep 20231832,86189.042.74$24,119
Aug 202301,75180.522.67$4,680
Jul 202301,44074.852.64$3,804
Jun 20231591,52268.962.26$14,402
May 202301,61670.622.23$3,599
Apr 2023050278.122.24$1,123
Mar 2023049272.852.39$1,177
Feb 2023012975.112.47$318
Jan 202311,29876.533.39$4,474
Dec 20221902,91476.415.73$31,212
Nov 202213,02385.005.65$17,153
Oct 202213,27687.185.86$19,297
Sep 20221793,21484.888.16$41,432
Aug 202213,49894.529.13$32,021
Jul 20221913,778101.587.54$47,896
Jun 202213,971115.097.98$31,793
May 20221805,383109.378.43$65,082
Apr 202201,446104.226.84$9,887
Mar 202203,650108.885.08$18,529
Feb 20221983,75291.054.86$36,258
Jan 202214,61781.844.54$21,032
Dec 20211965,14671.323.90$34,044
Nov 20211945,32077.435.24$42,881
Oct 202105,77179.795.71$32,975
Sep 202102,24869.865.35$12,029
Aug 2021077266.024.22$3,258
Jul 20211882,93570.783.98$24,994
Jun 202102,85969.493.38$9,665
May 202103,14663.483.02$9,494
Apr 202102,94660.362.76$8,126
Mar 202103,20661.302.72$8,711
Feb 20211782,95257.805.55$26,666
Jan 202103,33750.412.81$9,378
Dec 202003,45444.642.68$9,241
Nov 202003,33438.772.71$9,024
Oct 20201723,11536.972.48$14,079
Sep 202002,61737.091.99$5,211
Aug 202002,50239.982.39$5,968
Jul 202002,13938.371.83$3,904
Jun 202002,11234.901.69$3,570
May 20201552,54516.921.81$7,241
Apr 202032,74814.751.80$5,003
Mar 202001,67030.341.86$3,100
Feb 202001,84949.881.98$3,662
Jan 202001,85357.252.09$3,882
Dec 20191582,30159.012.30$14,626
Nov 201902,40855.302.75$6,624
Oct 201902,44653.472.42$5,916
Sep 201902,39955.052.66$6,375
Aug 20191602,50753.112.30$14,275
Jul 201902,46656.272.46$6,067
Jun 201902,38052.782.49$5,929
May 201902,55158.482.74$6,991
Apr 20191742,52262.632.75$17,835
Mar 201902,60556.803.06$7,977
Feb 201902,35750.852.79$6,581
Jan 201902,63546.033.23$8,506
Dec 20181812,49246.594.19$18,863
Nov 201802,58252.934.24$10,941
Oct 201802,61661.443.40$8,889
Sep 201802,57559.543.11$8,003
Aug 201802,67359.403.07$8,197
Jul 201802,68965.142.93$7,884
Jun 20181582,76460.183.08$18,013
May 20181682,87965.382.90$19,335
Apr 201802,85763.842.90$8,288
Mar 201803,04361.222.79$8,480
Feb 201802,56061.782.77$7,081
Jan 201802,74162.874.01$10,990
Dec 201703,25757.272.92$9,515
Nov 20171943,67955.423.12$22,224
Oct 201704,21649.292.98$12,579
Sep 201705,32147.523.09$16,427
Aug 201702,86645.373.00$8,611
Jul 20171772,12943.873.09$14,338
Jun 201702,36342.493.09$7,295
May 201702,75645.373.26$8,994
Apr 201702,26447.933.21$7,271
Mar 20171922,19146.772.98$15,517
Feb 201701,82750.452.95$5,394
Jan 201702,05049.413.42$7,009
Dec 201602,14848.763.72$7,997
Nov 201601,97342.492.64$5,217
Oct 20161812,28246.193.09$15,412
Sep 201602,13141.553.10$6,607
Aug 201602,28841.442.92$6,691
Jul 201602,36341.622.92$6,910
Jun 20161842,51145.352.69$15,089
May 201602,43542.521.99$4,848
Apr 201601,59636.561.99$3,178
Mar 201601,89333.011.79$3,396
Feb 201602,64626.472.06$5,460
Jan 20161962,45127.352.36$11,156
Dec 201502,82732.362.00$5,658
Nov 201501,93238.792.17$4,187
Oct 201502,76543.552.43$6,709
Sep 201502,47642.992.76$6,830
Aug 20151722,31640.162.87$13,560
Jul 201502,43048.152.95$7,157
Jun 201502,03656.152.88$5,870
May 20151912,94155.212.96$19,237
Apr 201502,86049.822.71$7,741
Mar 201502,57642.892.93$7,560
Feb 201502,67844.662.98$7,970
Jan 201502,84743.433.10$8,827
Dec 20141902,84554.693.59$20,609
Nov 201402,82070.464.25$11,990
Oct 201403,07778.303.90$12,003
Sep 201403,20786.164.05$12,974
Aug 20141722,57289.394.04$25,753
Jul 201402,53496.564.18$10,591
Jun 201402,07498.164.74$9,824
May 201402,39794.734.73$11,330
Apr 20141942,98195.944.81$32,948
Mar 201402,20995.895.06$11,170
Feb 201402,84397.406.19$17,604
Jan 201404,41390.404.86$21,450
Dec 20131924,50891.824.35$37,259
Nov 201304,65788.853.74$17,409
Oct 201303,76997.423.78$14,244
Sep 201302,885104.113.72$10,726
Aug 201302,696104.253.52$9,497
Jul 20131763,221102.523.72$30,018
Jun 201302,83294.403.93$11,139
May 201304,02494.834.15$16,696
Apr 201303,73293.964.28$15,983
Mar 20131904,07293.623.91$33,721
Feb 201304,10891.233.42$14,049
Jan 201303,87291.603.42$13,242
Dec 20121884,49086.773.42$31,669
Nov 201204,67986.953.62$16,961
Oct 20121935,17889.383.40$34,854
Sep 201205,53694.672.92$16,156
Aug 201202,95192.662.91$8,582
Jul 20120185.133.02$3
Jun 201202,18979.822.52$5,514
May 201203,88991.612.49$9,677
Apr 20121893,826101.652.00$26,852
Mar 201204,142105.052.22$9,204
Feb 201203,945101.102.57$10,140
Jan 20121973,99298.092.73$30,238
Dec 201104,06396.873.24$13,163
Nov 201104,40695.723.31$14,590
Oct 20111824,60084.983.65$32,250
Sep 201103,97083.623.99$15,824
Aug 201105,21683.404.15$21,643
Jul 201103,48194.144.52$15,725
Jun 20111933,97192.904.64$36,355
May 201104,18598.134.40$18,434
Apr 201103,859105.964.33$16,722
Mar 20111924,34096.364.06$36,110
Feb 201104,16785.644.18$17,418
Jan 201103,80886.504.59$17,474
Dec 20101874,74285.734.35$36,649
Nov 201004,67580.843.80$17,743
Oct 201003,78478.103.51$13,278
Sep 20101934,52072.633.98$32,005
Aug 201004,62873.684.42$20,453
Jul 201004,72972.554.74$22,399
Jun 20101945,00370.364.91$38,217
May 201005,25571.124.24$22,256
Apr 201005,03681.694.12$20,762
Mar 201001,66678.394.39$7,312
Feb 20101932,25873.585.44$26,490
Jan 201002,48474.365.96$14,815
Dec 200903,49771.445.48$19,177
Nov 20091964,11774.593.75$30,065
Oct 200903,59672.544.11$14,780
Sep 200903,80565.543.06$11,661
Aug 20091924,28067.423.22$26,720
Jul 200904,68261.133.46$16,221
Jun 200904,20866.163.90$16,390
May 200904,84454.743.93$19,016
Apr 20091964,14646.773.59$24,041
Mar 200904,83942.144.06$19,642
Feb 20091974,98832.814.63$29,573
Jan 200905,36135.865.37$28,794
Dec 200805,14837.105.98$30,770
Nov 20081975,75755.496.86$50,427
Oct 200806,73075.246.92$46,585
Sep 20081945,396101.767.88$62,246
Aug 200808,572114.228.48$72,716
Jul 200804,680131.0811.39$53,303
Jun 20081934,394131.3313.03$82,612
May 200804,487123.1711.57$51,934
Apr 20081953,795110.3110.45$61,187
Mar 200804,911101.909.66$47,460
Feb 200804,31892.538.77$37,871
Jan 20081964,52290.388.21$54,821
Dec 200703,58688.337.30$26,185
Nov 20071963,38391.677.29$42,635
Oct 200703,65982.856.92$25,328
Sep 200703,27975.846.24$20,475
Aug 20071933,55469.066.39$36,031
Jul 200714,15670.906.39$26,619
Jun 200714,61162.007.55$34,868
May 20072004,96858.747.85$50,728
Apr 20071974,32159.617.81$45,469
Mar 200714,16956.927.30$30,499
Feb 20071983,42455.108.22$39,041
Jan 20071934,81150.306.73$42,071
Dec 200604,65956.656.92$32,233
Nov 200624,43554.207.62$33,892
Oct 200625,08054.906.01$30,660
Sep 20061825,96060.085.04$40,956
Aug 20061836,99168.717.34$63,887
Jul 200616,31569.376.34$40,124
Jun 20061936,13666.286.38$51,964
May 200616,52266.016.42$41,970
Apr 20061876,36264.397.36$58,868
Mar 200618,45856.707.08$59,964
Feb 20061827,89657.597.75$71,684
Jan 20061909,08160.598.93$92,636
Dec 20051958,63954.9413.42$126,609
Nov 200516,61954.6910.59$70,139
Oct 20051546,68158.3413.80$101,154
Sep 20051395,05361.4512.08$69,577
Aug 20051735,69961.519.80$66,473
Jul 200515,30955.697.84$41,698
Jun 20051724,45452.337.38$41,876
May 20051935,15345.226.65$43,001
Apr 200514,99649.207.36$36,822
Mar 20051824,64850.377.15$42,423
Feb 200515,72645.226.31$36,187
Jan 20051715,65143.166.32$43,107
Dec 20041847,08439.866.75$55,159
Nov 20041648,84145.286.33$63,393
Oct 200417210,61649.706.52$77,713
Sep 200417710,97343.245.28$65,634
Aug 200413,69442.375.55$20,547
Jul 20041752,58138.286.08$22,402
Jun 20042515,90036.106.43$47,016
May 200414,74737.486.49$30,867
Apr 20041826,28034.475.86$43,065
Mar 20041826,95434.365.53$44,710
Feb 20041896,90632.455.51$44,182
Jan 20043709,97132.036.30$74,665
Dec 200318510,56530.266.30$72,175
Nov 20031878,68928.804.60$45,313
Oct 2003010,17328.174.76$48,420
Sep 200337110,17826.314.75$58,100
Aug 200318511,43529.765.13$64,164
Jul 200318711,30029.415.17$63,930
Jun 200318312,08828.565.98$77,549
May 200335712,66526.595.97$85,137
Apr 200318214,35026.675.41$82,448
Mar 200318813,49331.146.10$88,108
Feb 20031836,37833.487.93$56,678
Jan 20035467,33030.315.58$57,466
Dec 200207,94026.914.85$38,539
Nov 20021797,33324.664.14$34,750
Oct 20021758,09526.464.23$38,865
Sep 20023536,92727.443.64$34,867
Aug 20023568,58625.963.16$36,409
Jul 200209,68824.583.06$29,662
Jun 20023548,84023.733.34$37,910
May 200235510,96124.663.58$48,039
Apr 200235412,17823.653.51$51,145
Mar 200218314,51822.003.10$49,071
Feb 200236213,83918.222.38$39,473
Jan 200249416,05517.172.38$46,624
Dec 200136216,66016.932.36$45,520
Nov 200154817,11218.072.41$51,066
Oct 200155218,60919.782.53$57,978
Sep 200136618,88324.262.25$51,391
Aug 200173821,21024.873.05$83,112
Jul 200156719,23323.933.20$75,058
Jun 200101,25124.563.82$4,784
May 200108,33025.524.31$35,880
Apr 200106,68224.685.34$35,651
Mar 200105,19524.545.38$27,931
Feb 200104,21527.755.77$24,308
Jan 200105,63227.478.40$47,302
Dec 20001845,91026.889.12$58,860
Nov 200019210,45632.215.66$65,344
Oct 200005,56631.235.15$28,640
Sep 20001799,91831.875.19$57,144
Aug 200017512,58629.644.54$62,337
Jul 20003539,44228.534.09$48,687
Jun 2000018,59629.304.40$81,771
May 20001832,16027.263.68$12,937
Apr 200006,10124.513.12$19,011
Mar 2000025,15228.422.86$71,928
Feb 20003697,33027.622.73$30,177
Jan 200006,26225.272.48$15,533
Dec 199904,58424.282.42$11,110
Nov 19991966,52023.192.43$20,415
Oct 19991807,03220.982.80$23,492
Sep 199907,47221.752.62$19,568
Aug 19993569,21919.262.88$33,367
Jul 1999017,37317.892.37$41,215
Jun 199917813,26515.942.36$34,171
May 199935810,85015.792.32$30,836
Apr 1999011,64215.102.21$25,706
Mar 199935227,46812.471.84$54,885
Feb 1999014,0519.981.82$25,542
Jan 199936314,60910.381.90$31,524
Dec 199835818,2799.201.77$35,708
Nov 1998014,94710.892.19$32,670
Oct 19983578,54512.421.97$21,261
Sep 199803,25412.592.08$6,777
Aug 199805,24611.301.91$10,006
Jul 199853218,46111.742.24$47,548
Jun 199818727,21911.242.24$62,998
May 19981044,79912.622.21$98,968
Apr 199818218,37913.042.51$48,419
Mar 19980012.802.31$0
Feb 199809,05313.952.30$20,814
Jan 19983608,31014.702.15$23,198
Dec 1997010,11616.322.41$24,391
Nov 199735810,24018.193.09$38,136
Oct 199718011,55719.253.15$39,867
Sep 199718214,85917.742.95$47,135
Aug 199715018,58617.862.55$50,161
Jul 199753620,38517.582.25$55,227
Jun 199736221,12517.242.26$53,924
May 199735521,62118.972.31$56,646
Apr 199736323,12617.882.08$54,657
Mar 199736324,47818.951.94$54,345
Feb 199753323,55120.492.21$62,872
Jan 199736628,07023.483.54$107,953
Dec 199655230,26423.32$12,873
Nov 199654728,64421.97$12,018
Oct 199653730,66423.31$12,517
Sep 199654635,58922.22$12,132
Aug 199672937,19320.26$14,770
Jul 199689540,95519.55$17,497
Jun 199671342,04518.73$13,354
May 199654549,25419.43$10,589
Apr 199672145,66221.51$15,509
Mar 19961,28259,57219.38$24,845
Feb 199691261,68716.98$15,486
Jan 19961,31275,76317.07$22,396
Dec 19951,67096,66117.19$28,707
Nov 19952,527126,84216.00$40,432
Oct 19952,146169,09315.43$33,113

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                1,463 Mcf  × $  3.05 =     $4,456

────────────────────────────────────────────────────
Month total                                   $4,456

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/156441 is the state's own key, not one this site invented.