HOPSON

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 156479District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Oct 1995 – May 2026
Value, last 12 filed months
$21 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 Gas111996-01-09133870
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
CondensateDisposition2,706 bbl$60,183
GasProduction1,713,527 Mcf$2,648,663
Total$2,708,847

1,008,342 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 30.4667, -96.0517. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.46667, -96.05173 · 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
16,870 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 16,870 ft.

Completions filed
Nov 1997
1 of 1 wells

1 well

42-185305341H16,870 ftNov 1997

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 20260615106.413.05$1,873
Apr 2026044198.932.87$1,266
Mar 2026038889.753.15$1,222
Feb 20260063.503.75$0
Jan 2026160559.138.00$4,898
Dec 2025058956.664.41$2,599
Nov 2025042858.593.93$1,681
Oct 2025033259.383.30$1,097
Sep 2025067562.743.08$2,077
Aug 2025039863.933.01$1,200
Jul 2025041766.743.32$1,382
Jun 2025041866.483.13$1,308
May 2025039960.553.23$1,290
Apr 2025039962.363.54$1,414
Mar 2025241467.704.27$1,902
Feb 2025079170.884.34$3,434
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024060869.052.20$1,337
Oct 2024023771.372.28$541
Sep 2024023869.612.36$563
Aug 2024052975.632.06$1,092
Jul 202411,83179.932.15$4,010
Jun 202406578.082.63$171
May 2024020278.812.20$444
Apr 20240384.451.66$5
Mar 2024014380.301.55$221
Feb 2024040176.091.78$715
Jan 2024038273.023.30$1,260
Dec 2023042671.262.61$1,112
Nov 2023037677.892.81$1,056
Oct 2023037085.443.09$1,142
Sep 2023028089.042.74$766
Aug 2023028080.522.67$748
Jul 2023037474.852.64$988
Jun 2023032968.962.26$743
May 2023036470.622.23$811
Apr 2023036178.122.24$808
Mar 2023037472.852.39$895
Feb 2023034475.112.47$848
Jan 2023035276.533.39$1,192
Dec 2022040276.415.73$2,303
Nov 2022042085.005.65$2,371
Oct 2022037187.185.86$2,175
Sep 2022018184.888.16$1,478
Aug 2022044894.529.13$4,089
Jul 20220348101.587.54$2,625
Jun 20220534115.097.98$4,260
May 20220351109.378.43$2,960
Apr 20220492104.226.84$3,364
Mar 20220364108.885.08$1,848
Feb 2022044691.054.86$2,167
Jan 2022044181.844.54$2,001
Dec 2021134871.323.90$1,428
Nov 2021042177.435.24$2,205
Oct 2021032179.795.71$1,834
Sep 2021048669.865.35$2,601
Aug 2021053366.024.22$2,250
Jul 2021048370.783.98$1,923
Jun 2021044469.493.38$1,501
May 2021039363.483.02$1,186
Apr 2021038660.362.76$1,065
Mar 2021055061.302.72$1,494
Feb 2021035157.805.55$1,947
Jan 2021058250.412.81$1,636
Dec 2020029244.642.68$781
Nov 202007038.772.71$189
Oct 2020060636.972.48$1,502
Sep 20200037.091.99$0
Aug 2020012039.982.39$286
Jul 2020017238.371.83$314
Jun 2020016634.901.69$281
May 2020032416.921.81$588
Apr 202001,00514.751.80$1,813
Mar 20200030.341.86$0
Feb 20200749.881.98$14
Jan 202003957.252.09$82
Dec 2019019859.012.30$456
Nov 2019039655.302.75$1,089
Oct 2019018253.472.42$440
Sep 2019014555.052.66$385
Aug 2019042853.112.30$986
Jul 2019087456.272.46$2,150
Jun 20197640752.782.49$5,025
May 2019062158.482.74$1,702
Apr 2019038862.632.75$1,067
Mar 2019045456.803.06$1,390
Feb 2019044450.852.79$1,240
Jan 2019048746.033.23$1,572
Dec 2018051846.594.19$2,168
Nov 2018035152.934.24$1,487
Oct 2018093861.443.40$3,187
Sep 2018037359.543.11$1,159
Aug 2018043059.403.07$1,319
Jul 2018041765.142.93$1,223
Jun 2018047460.183.08$1,458
May 2018040365.382.90$1,169
Apr 2018042463.842.90$1,230
Mar 2018038661.222.79$1,076
Feb 2018029561.782.77$816
Jan 2018044062.874.01$1,764
Dec 2017037057.272.92$1,081
Nov 2017033055.423.12$1,029
Oct 2017045649.292.98$1,361
Sep 2017089347.523.09$2,757
Aug 2017014045.373.00$421
Jul 2017083143.873.09$2,566
Jun 201701,06142.493.09$3,276
May 201701,87545.373.26$6,119
Apr 2017022847.933.21$732
Mar 2017027546.772.98$821
Feb 2017023750.452.95$700
Jan 2017029149.413.42$995
Dec 2016024448.763.72$908
Nov 2016022142.492.64$584
Oct 2016019946.193.09$615
Sep 2016015941.553.10$493
Aug 2016027841.442.92$813
Jul 2016033341.622.92$974
Jun 2016031245.352.69$838
May 2016045642.521.99$908
Apr 2016053236.561.99$1,059
Mar 2016056433.011.79$1,012
Feb 2016060926.472.06$1,257
Jan 2016079727.352.36$1,884
Dec 201501,33432.362.00$2,670
Nov 2015062938.792.17$1,363
Oct 2015064743.552.43$1,570
Sep 2015071142.992.76$1,961
Aug 2015078040.162.87$2,241
Jul 2015080448.152.95$2,368
Jun 2015074956.152.88$2,159
May 2015080955.212.96$2,391
Apr 2015074649.822.71$2,019
Mar 2015080642.892.93$2,365
Feb 2015075444.662.98$2,244
Jan 2015076443.433.10$2,369
Dec 2014085254.693.59$3,060
Nov 2014083670.464.25$3,555
Oct 2014084178.303.90$3,281
Sep 2014081286.164.05$3,285
Aug 2014081589.394.04$3,289
Jul 2014082796.564.18$3,457
Jun 2014073298.164.74$3,467
May 2014075594.734.73$3,569
Apr 2014082095.944.81$3,943
Mar 2014087295.895.06$4,410
Feb 2014078497.406.19$4,855
Jan 2014084190.404.86$4,088
Dec 2013087791.824.35$3,819
Nov 2013072088.853.74$2,692
Oct 2013087097.423.78$3,288
Sep 20130854104.113.72$3,175
Aug 20130885104.253.52$3,118
Jul 20130899102.523.72$3,342
Jun 2013091494.403.93$3,595
May 201301,16894.834.15$4,846
Apr 2013056793.964.28$2,428
Mar 2013086893.623.91$3,396
Feb 2013082391.233.42$2,815
Jan 2013091091.603.42$3,112
Dec 2012091686.773.42$3,133
Nov 2012088486.953.62$3,204
Oct 2012093689.383.40$3,182
Sep 2012088894.672.92$2,592
Aug 2012092092.662.91$2,676
Jul 2012094085.133.02$2,840
Jun 2012091179.822.52$2,295
May 2012094691.612.49$2,354
Apr 20120920101.652.00$1,837
Mar 20120975105.052.22$2,167
Feb 20120879101.102.57$2,259
Jan 2012091498.092.73$2,499
Dec 2011095196.873.24$3,081
Nov 2011098195.723.31$3,248
Oct 201101,02884.983.65$3,751
Sep 2011099983.623.99$3,982
Aug 201101,06983.404.15$4,436
Jul 201101,09094.144.52$4,924
Jun 201101,05292.904.64$4,881
May 201101,07198.134.40$4,718
Apr 201101,119105.964.33$4,849
Mar 201101,12896.364.06$4,577
Feb 2011098385.644.18$4,109
Jan 201101,12686.504.59$5,167
Dec 201001,12785.734.35$4,900
Nov 201001,11680.843.80$4,236
Oct 201001,09878.103.51$3,853
Sep 201001,03072.633.98$4,099
Aug 201001,12073.684.42$4,950
Jul 201001,07672.554.74$5,096
Jun 201001,08470.364.91$5,323
May 201001,18571.124.24$5,019
Apr 201001,04381.694.12$4,300
Mar 201001,17778.394.39$5,165
Feb 201001,10873.585.44$6,030
Jan 201001,19474.365.96$7,121
Dec 200901,22271.445.48$6,701
Nov 200901,21674.593.75$4,562
Oct 200901,31072.544.11$5,384
Sep 200901,17665.543.06$3,604
Aug 2009098667.423.22$3,173
Jul 2009451,10061.133.46$6,562
Jun 200901,04766.163.90$4,078
May 200941,28954.743.93$5,279
Apr 200901,27346.773.59$4,567
Mar 200901,34442.144.06$5,455
Feb 200901,19432.814.63$5,532
Jan 200921,35035.865.37$7,323
Dec 200801,35837.105.98$8,117
Nov 200801,36355.496.86$9,351
Oct 200811,52275.246.92$10,610
Sep 200801,271101.767.88$10,012
Aug 200801,300114.228.48$11,028
Jul 200801,467131.0811.39$16,708
Jun 200811,387131.3313.03$18,208
May 200801,450123.1711.57$16,783
Apr 200801,458110.3110.45$15,243
Mar 200811,507101.909.66$14,666
Feb 200801,37092.538.77$12,016
Jan 200801,41190.388.21$11,578
Dec 200701,52788.337.30$11,150
Nov 200701,49291.677.29$10,879
Oct 200701,46082.856.92$10,106
Sep 200701,44575.846.24$9,023
Aug 200701,50669.066.39$9,620
Jul 200701,50670.906.39$9,620
Jun 200701,49262.007.55$11,262
May 200711,62758.747.85$12,825
Apr 200701,35059.617.81$10,537
Mar 200701,50756.927.30$11,004
Feb 200701,40655.108.22$11,552
Jan 200701,46750.306.73$9,868
Dec 200601,49356.656.92$10,329
Nov 200601,45654.207.62$11,091
Oct 200601,62754.906.01$9,784
Sep 200601,53760.085.04$7,742
Aug 2006771,59768.717.34$17,013
Jul 200601,74869.376.34$11,087
Jun 200601,55066.286.38$9,895
May 200601,76166.016.42$11,314
Apr 200601,67464.397.36$12,321
Mar 200601,73056.707.08$12,253
Feb 200601,47557.597.75$11,433
Jan 200601,83860.598.93$16,419
Dec 200501,79054.9413.42$24,014
Nov 200511,65354.6910.59$17,557
Oct 200501,81358.3413.80$25,012
Sep 200501,73361.4512.08$20,933
Aug 200501,79161.519.80$17,546
Jul 200501,59555.697.84$12,511
Jun 200501,61752.337.38$11,935
May 200501,61545.226.65$10,742
Apr 200501,69849.207.36$12,498
Mar 200511,82950.377.15$13,137
Feb 200501,59745.226.31$10,080
Jan 200502,00443.166.32$12,670
Dec 200401,82939.866.75$12,348
Nov 200401,87945.286.33$11,895
Oct 200422,18949.706.52$14,361
Sep 200401,93643.245.28$10,230
Aug 200402,35542.375.55$13,072
Jul 200401,81238.286.08$11,025
Jun 200402,21336.106.43$14,236
May 200402,24437.486.49$14,574
Apr 200402,49434.475.86$14,611
Mar 200402,24234.365.53$12,399
Feb 200402,23532.455.51$12,314
Jan 200402,03132.036.30$12,795
Dec 200302,26830.266.30$14,292
Nov 200302,19028.804.60$10,063
Oct 200302,20228.174.76$10,481
Sep 200302,22026.314.75$10,544
Aug 20031221,39829.765.13$10,802
Jul 200301,73429.415.17$8,966
Jun 200301,89428.565.98$11,332
May 200302,00126.595.97$11,951
Apr 200302,11626.675.41$11,442
Mar 200302,36031.146.10$14,387
Feb 200302,17033.487.93$17,199
Jan 200302,64130.315.58$14,742
Dec 200202,27526.914.85$11,042
Nov 200202,70324.664.14$11,182
Oct 200202,43726.464.23$10,306
Sep 200202,13427.443.64$7,758
Aug 200202,44625.963.16$7,740
Jul 200202,19924.583.06$6,733
Jun 200201,94323.733.34$6,486
May 200202,43724.663.58$8,734
Apr 200203,00723.653.51$10,562
Mar 200203,43422.003.10$10,655
Feb 200201,64418.222.38$3,906
Jan 200202,96617.172.38$7,046
Dec 200101,17416.932.36$2,776
Nov 200102,93318.072.41$7,055
Oct 200103,21819.782.53$8,138
Sep 200102,87724.262.25$6,477
Aug 200102,90324.873.05$8,863
Jul 200103,42423.933.20$10,947
Jun 200103,58824.563.82$13,721
May 200102,85625.524.31$12,302
Apr 200104,01224.685.34$21,405
Mar 200103,64224.545.38$19,581
Feb 200103,28327.755.77$18,933
Jan 200103,46927.478.40$29,135
Dec 200003,58226.889.12$32,677
Nov 200003,67432.215.66$20,787
Oct 200004,47831.235.15$23,042
Sep 200003,45131.875.19$17,899
Aug 200004,85029.644.54$22,023
Jul 200004,40028.534.09$17,995
Jun 200004,10029.304.40$18,029
May 200003,40627.263.68$12,533
Apr 200004,45524.513.12$13,882
Mar 200004,50528.422.86$12,883
Feb 200005,20227.622.73$14,183
Jan 200005,60425.272.48$13,901
Dec 199904,85624.282.42$11,770
Nov 199904,48823.192.43$10,924
Oct 199905,08520.982.80$14,257
Sep 199904,81821.752.62$12,618
Aug 199904,31219.262.88$12,400
Jul 199905,83717.892.37$13,848
Jun 1999385,36015.942.36$13,267
May 199906,18715.792.32$14,360
Apr 199904,76415.102.21$10,519
Mar 199905,92312.471.84$10,888
Feb 199905,5299.981.82$10,051
Jan 199906,07910.381.90$11,550
Dec 199806,2889.201.77$11,151
Nov 199805,61610.892.19$12,275
Oct 199806,02412.421.97$11,863
Sep 199805,37912.592.08$11,202
Aug 199807,75311.301.91$14,788
Jul 199806,93211.742.24$15,509
Jun 1998606,53111.242.24$15,286
May 199803,76112.622.21$8,298
Apr 199808,68913.042.51$21,769
Mar 1998010,42312.802.31$24,071
Feb 199809,34913.952.30$21,495
Jan 1998015,07414.702.15$32,481
Dec 1997033,18116.322.41$80,003
Nov 199704,09718.193.09$12,653
Oct 199705,41419.253.15$17,053
Sep 199708,91517.742.95$26,343
Aug 1997012,40717.862.55$31,697
Jul 1997012,34817.582.25$27,745
Jun 1997012,05417.242.26$27,208
May 1997015,57918.972.31$35,964
Apr 1997016,67717.882.08$34,735
Mar 199712413,52918.951.94$28,584
Feb 1997017,29420.492.21$38,149
Jan 1997021,99423.483.54$77,852
Dec 19968620,19523.32$2,006
Nov 199616218,56221.97$3,559
Oct 1996022,51423.31$0
Sep 1996124,60022.22$22
Aug 199614829,88520.26$2,998
Jul 1996037,49019.55$0
Jun 199615041,32418.73$2,810
May 199615850,03419.43$3,070
Apr 199617555,59221.51$3,764
Mar 199617369,11519.38$3,353
Feb 199619081,01416.98$3,226
Jan 1996181114,84217.07$3,090
Dec 199519376,78417.19$3,318
Nov 1995525189,16516.00$8,400
Oct 19953177,22615.43$46

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                  615 Mcf  × $  3.05 =     $1,873

────────────────────────────────────────────────────
Month total                                   $1,873

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/156479 is the state's own key, not one this site invented.