BRIERS

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 156470District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Oct 1995 – May 2026
Value, last 12 filed months
$13 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 Gas111996-01-16133796
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
CondensateDisposition28,387 bbl$634,487
GasProduction2,436,412 Mcf$3,915,179
Total$4,549,666

1,382,953 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 30.5358, -96.0236. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.53580, -96.02358 · 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
15,742 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 15,742 ft.

Completions filed
Oct 1995
1 of 1 wells

1 well

42-185305431H15,742 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 20260126106.413.05$384
Apr 2026015598.932.87$445
Mar 2026028389.753.15$891
Feb 2026019163.503.75$716
Jan 2026117059.138.00$1,419
Dec 2025023056.664.41$1,015
Nov 2025141158.593.93$1,672
Oct 2025022859.383.30$754
Sep 2025037962.743.08$1,166
Aug 202518263.933.01$311
Jul 2025174166.743.32$2,523
Jun 2025068366.483.13$2,137
May 2025055760.553.23$1,800
Apr 2025140762.363.54$1,504
Mar 2025253267.704.27$2,406
Feb 2025025970.884.34$1,124
Jan 2025042574.324.28$1,818
Dec 2024069668.993.12$2,172
Nov 2024075969.052.20$1,669
Oct 2024073371.372.28$1,672
Sep 2024072169.612.36$1,705
Aug 2024067575.632.06$1,393
Jul 2024077979.932.15$1,672
Jun 2024077778.082.63$2,047
May 2024074178.812.20$1,629
Apr 2024065484.451.66$1,085
Mar 2024060980.301.55$941
Feb 2024028376.091.78$505
Jan 2024034873.023.30$1,148
Dec 2023073471.262.61$1,916
Nov 2023026677.892.81$747
Oct 2023024385.443.09$750
Sep 2023036189.042.74$987
Aug 2023043480.522.67$1,160
Jul 2023269374.852.64$1,980
Jun 202301,79468.962.26$4,052
May 2023015970.622.23$354
Apr 202305878.122.24$130
Mar 2023240772.852.39$1,120
Feb 202301175.112.47$27
Jan 2023068376.533.39$2,314
Dec 2022028076.415.73$1,604
Nov 2022026385.005.65$1,485
Oct 2022041687.185.86$2,439
Sep 202201,07484.888.16$8,768
Aug 2022060494.529.13$5,513
Jul 20220227101.587.54$1,712
Jun 20220172115.097.98$1,372
May 20220469109.378.43$3,955
Apr 20220801104.226.84$5,477
Mar 202201,001108.885.08$5,081
Feb 2022042091.054.86$2,041
Jan 2022176481.844.54$3,549
Dec 202171,97071.323.90$8,181
Nov 2021024577.435.24$1,283
Oct 2021025279.795.71$1,440
Sep 2021026169.865.35$1,397
Aug 2021074466.024.22$3,140
Jul 2021044170.783.98$1,756
Jun 2021024069.493.38$811
May 2021075763.483.02$2,284
Apr 2021062560.362.76$1,724
Mar 202101,65861.302.72$4,505
Feb 2021038757.805.55$2,147
Jan 2021073250.412.81$2,057
Dec 202001,21344.642.68$3,245
Nov 2020055438.772.71$1,499
Oct 202001,25736.972.48$3,115
Sep 2020093137.091.99$1,854
Aug 2020060539.982.39$1,443
Jul 202001,23338.371.83$2,250
Jun 202001,32534.901.69$2,240
May 2020049616.921.81$900
Apr 2020089514.751.80$1,615
Mar 2020069230.341.86$1,285
Feb 2020057449.881.98$1,137
Jan 2020151657.252.09$1,138
Dec 201901,08759.012.30$2,505
Nov 2019065655.302.75$1,804
Oct 201921,05253.472.42$2,651
Sep 201902,11755.052.66$5,625
Aug 201901,76953.112.30$4,076
Jul 2019049656.272.46$1,220
Jun 2019048052.782.49$1,196
May 2019074958.482.74$2,053
Apr 2019099562.632.75$2,737
Mar 2019051056.803.06$1,562
Feb 201901,21650.852.79$3,395
Jan 201901,05046.033.23$3,390
Dec 2018061446.594.19$2,570
Nov 2018048052.934.24$2,034
Oct 2018049661.443.40$1,685
Sep 201801,30959.543.11$4,068
Aug 201801,88259.403.07$5,771
Jul 201802,47065.142.93$7,242
Jun 201802,11960.183.08$6,520
May 2018049665.382.90$1,439
Apr 2018090463.842.90$2,622
Mar 2018049661.222.79$1,382
Feb 2018044861.782.77$1,239
Jan 2018049662.874.01$1,989
Dec 2017049657.272.92$1,449
Nov 2017048055.423.12$1,497
Oct 2017049649.292.98$1,480
Sep 2017048047.523.09$1,482
Aug 2017049645.373.00$1,490
Jul 2017063543.873.09$1,960
Jun 2017097842.493.09$3,019
May 201701,95745.373.26$6,386
Apr 201703,08447.933.21$9,905
Mar 2017049646.772.98$1,480
Feb 2017044850.452.95$1,323
Jan 2017045149.413.42$1,542
Dec 2016049648.763.72$1,847
Nov 2016371042.492.64$2,005
Oct 2016044846.193.09$1,384
Sep 2016038441.553.10$1,191
Aug 2016049641.442.92$1,450
Jul 2016041441.622.92$1,211
Jun 2016045645.352.69$1,225
May 2016052542.521.99$1,045
Apr 2016056336.561.99$1,121
Mar 201601,22133.011.79$2,190
Feb 201601,35126.472.06$2,788
Jan 201601,05327.352.36$2,490
Dec 201501,79432.362.00$3,591
Nov 201501,06638.792.17$2,310
Oct 201502,18443.552.43$5,300
Sep 201501,54042.992.76$4,248
Aug 20151872,48740.162.87$14,654
Jul 201502,37648.152.95$6,998
Jun 201501,71256.152.88$4,935
May 201501,16455.212.96$3,440
Apr 2015086349.822.71$2,336
Mar 2015086342.892.93$2,533
Feb 2015054844.662.98$1,631
Jan 201501,10843.433.10$3,436
Dec 201401,00754.693.59$3,617
Nov 2014079270.464.25$3,367
Oct 201401,58678.303.90$6,187
Sep 201401,45886.164.05$5,898
Aug 201401,92289.394.04$7,756
Jul 201401,53196.564.18$6,399
Jun 20141931,41998.164.74$25,667
May 201401,13694.734.73$5,369
Apr 201401,01695.944.81$4,886
Mar 201401,78195.895.06$9,006
Feb 201402,50697.406.19$15,517
Jan 201403,14790.404.86$15,297
Dec 201303,56791.824.35$15,532
Nov 201304,81988.853.74$18,015
Oct 201305,45197.423.78$20,601
Sep 2013011,597104.113.72$43,115
Aug 201302,355104.253.52$8,296
Jul 20131674,913102.523.72$35,386
Jun 20130094.403.93$0
May 201302,04994.834.15$8,501
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013091391.233.42$3,122
Jan 201301,54891.603.42$5,294
Dec 2012084886.773.42$2,900
Nov 2012098886.953.62$3,581
Oct 201201,19289.383.40$4,052
Sep 201201,60594.672.92$4,684
Aug 201201,28492.662.91$3,734
Jul 201201,50085.133.02$4,531
Jun 201201,57479.822.52$3,965
May 201201,33591.612.49$3,322
Apr 20121991,036101.652.00$22,297
Mar 201201,340105.052.22$2,978
Feb 201201,025101.102.57$2,635
Jan 201201,20098.092.73$3,281
Dec 201101,61296.873.24$5,222
Nov 201101,77795.723.31$5,884
Oct 201101,53284.983.65$5,590
Sep 201101,49083.623.99$5,939
Aug 201102,22083.404.15$9,211
Jul 201101,80694.144.52$8,158
Jun 201101,61292.904.64$7,479
May 20111972,00798.134.40$28,172
Apr 201102,099105.964.33$9,096
Mar 201102,27396.364.06$9,222
Feb 201101,82185.644.18$7,612
Jan 201102,15286.504.59$9,875
Dec 201002,53585.734.35$11,022
Nov 201002,34780.843.80$8,908
Oct 201002,34478.103.51$8,225
Sep 201003,23572.633.98$12,874
Aug 201003,40273.684.42$15,035
Jul 201004,01472.554.74$19,012
Jun 201004,56370.364.91$22,406
May 20101887,54971.124.24$45,342
Apr 201001,31181.694.12$5,405
Mar 201001,35778.394.39$5,955
Feb 201001,22473.585.44$6,661
Jan 201001,36474.365.96$8,135
Dec 200901,50371.445.48$8,242
Nov 200901,55574.593.75$5,834
Oct 200901,38872.544.11$5,705
Sep 200901,33765.543.06$4,098
Aug 200901,54667.423.22$4,976
Jul 200901,79461.133.46$6,215
Jun 200901,21866.163.90$4,744
May 200901,56554.743.93$6,144
Apr 20091141,84246.773.59$11,940
Mar 200971,88442.144.06$7,942
Feb 200921,35132.814.63$6,325
Jan 200921,53135.865.37$8,295
Dec 200821,60637.105.98$9,673
Nov 200801,94355.496.86$13,330
Oct 200811,85375.246.92$12,902
Sep 200801,902101.767.88$14,982
Aug 200831,966114.228.48$17,020
Jul 200801,940131.0811.39$22,095
Jun 200811,863131.3313.03$24,411
May 20081212,135123.1711.57$39,615
Apr 200802,055110.3110.45$21,485
Mar 200812,021101.909.66$19,633
Feb 200831,73892.538.77$15,521
Jan 200811,87890.388.21$15,501
Dec 200712,02188.337.30$14,846
Nov 200722,13991.677.29$15,780
Oct 200712,06082.856.92$14,342
Sep 200722,24775.846.24$14,182
Aug 200722,39069.066.39$15,405
Jul 200731,96470.906.39$12,759
Jun 200712,01062.007.55$15,234
May 20071322,92458.747.85$30,696
Apr 200702,34659.617.81$18,311
Mar 200702,38256.927.30$17,393
Feb 200711,65055.108.22$13,612
Jan 200712,70450.306.73$18,240
Dec 200653,13256.656.92$21,952
Nov 200623,39054.207.62$25,932
Oct 200602,25654.906.01$13,567
Sep 20061202,11860.085.04$17,878
Aug 200612,46568.717.34$18,162
Jul 200652,55569.376.34$16,553
Jun 200612,59766.286.38$16,645
May 200612,08966.016.42$13,488
Apr 200621,89764.397.36$14,092
Mar 200641,88456.707.08$13,571
Feb 200651,83357.597.75$14,496
Jan 200602,53960.598.93$22,682
Dec 20051462,71254.9413.42$44,404
Nov 200512,30954.6910.59$24,503
Oct 200522,58758.3413.80$35,806
Sep 200502,76061.4512.08$33,338
Aug 200502,14161.519.80$20,975
Jul 200502,25455.697.84$17,680
Jun 200503,39252.337.38$25,036
May 2005113,82445.226.65$25,931
Apr 200501,92949.207.36$14,198
Mar 20051993,27550.377.15$33,456
Feb 200501,96345.226.31$12,390
Jan 200533,26443.166.32$20,765
Dec 200402,95739.866.75$19,963
Nov 200412,42045.286.33$15,365
Oct 200463,18949.706.52$21,075
Sep 200412,91943.245.28$15,467
Aug 200404,11842.375.55$22,858
Jul 200402,36038.286.08$14,359
Jun 200403,83236.106.43$24,651
May 200403,82537.486.49$24,842
Apr 20041993,48734.475.86$27,288
Mar 200404,61034.365.53$25,494
Feb 200403,56232.455.51$19,625
Jan 200402,22332.036.30$14,004
Dec 200302,28130.266.30$14,374
Nov 200303,07828.804.60$14,144
Oct 200304,18128.174.76$19,900
Sep 200304,14526.314.75$19,686
Aug 200303,68329.765.13$18,893
Jul 200303,27229.415.17$16,919
Jun 200302,56628.565.98$15,352
May 20031804,54926.595.97$31,956
Apr 200303,55026.675.41$19,196
Mar 200302,74831.146.10$16,752
Feb 200302,24833.487.93$17,817
Jan 200302,64430.315.58$14,759
Dec 200202,89726.914.85$14,061
Nov 200202,43924.664.14$10,090
Oct 200202,71426.464.23$11,478
Sep 200202,80527.443.64$10,197
Aug 200203,32225.963.16$10,511
Jul 20021795,94724.583.06$22,608
Jun 200203,50723.733.34$11,707
May 200204,11924.663.58$14,763
Apr 200204,23623.653.51$14,878
Mar 200204,63422.003.10$14,378
Feb 200207,14218.222.38$16,967
Jan 200218212,27417.172.38$32,284
Dec 2001015,12116.932.36$35,752
Nov 200104,18518.072.41$10,067
Oct 200102,51519.782.53$6,360
Sep 20011826,33124.262.25$18,668
Aug 2001082824.873.05$2,528
Jul 200102,65923.933.20$8,501
Jun 200103,16424.563.82$12,100
May 200103,18725.524.31$13,727
Apr 200103,63924.685.34$19,415
Mar 200104,07224.545.38$21,893
Feb 20011804,06627.755.77$28,444
Jan 200103,86827.478.40$32,486
Dec 200003,14826.889.12$28,718
Nov 200002,88932.215.66$16,346
Oct 200003,53831.235.15$18,205
Sep 20001592,75931.875.19$19,377
Aug 200003,50729.644.54$15,924
Jul 200003,50128.534.09$14,318
Jun 200003,10329.304.40$13,645
May 200003,83627.263.68$14,116
Apr 200006,06224.513.12$18,889
Mar 20001654,08328.422.86$16,366
Feb 200005,30427.622.73$14,461
Jan 200003,84125.272.48$9,528
Dec 199904,91324.282.42$11,908
Nov 19991834,14623.192.43$14,335
Oct 199904,88920.982.80$13,707
Sep 199905,27121.752.62$13,804
Aug 19991734,49819.262.88$16,266
Jul 199906,56317.892.37$15,570
Jun 199907,20515.942.36$17,019
May 199907,04415.792.32$16,349
Apr 19991787,93215.102.21$20,202
Mar 199906,62712.471.84$12,183
Feb 199907,5249.981.82$13,677
Jan 19991857,27610.381.90$15,744
Dec 199804,2929.201.77$7,611
Nov 1998010,12610.892.19$22,133
Oct 199817311,22912.421.97$24,261
Sep 1998011,50112.592.08$23,952
Aug 199817813,52111.301.91$27,801
Jul 1998014,85911.742.24$33,244
Jun 199817814,36411.242.24$34,137
May 1998016,13012.622.21$35,588
Apr 199817917,03813.042.51$45,020
Mar 199817411,51312.802.31$28,816
Feb 19981639,37313.952.30$23,824
Jan 1998011,27514.702.15$24,295
Dec 199718413,32016.322.41$35,119
Nov 199718012,81018.193.09$42,835
Oct 199717614,01919.253.15$47,545
Sep 199716914,41717.742.95$45,599
Aug 199731017,75817.862.55$50,904
Jul 199717017,72217.582.25$42,809
Jun 199718219,33617.242.26$46,783
May 199734421,33318.972.31$55,773
Apr 199734222,82717.882.08$53,659
Mar 199738427,09418.951.94$59,816
Feb 199719725,68620.492.21$60,697
Jan 199758530,56023.483.54$121,909
Dec 199621528,13123.32$5,014
Nov 199636925,49221.97$8,107
Oct 199658429,57223.31$13,613
Sep 199619734,72222.22$4,377
Aug 199656743,70220.26$11,487
Jul 199653849,86819.55$10,518
Jun 199670154,78018.73$13,130
May 199688867,04919.43$17,254
Apr 19961,07678,24121.51$23,145
Mar 19961,11995,77919.38$21,686
Feb 19961,504107,49816.98$25,538
Jan 19961,878149,80017.07$32,057
Dec 19953,048192,44217.19$52,395
Nov 19954,628254,89516.00$74,048
Oct 19952,586170,98215.43$39,902

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                  126 Mcf  × $  3.05 =       $384

────────────────────────────────────────────────────
Month total                                     $384

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/156470 is the state's own key, not one this site invented.