PATTERSON UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 156543District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Oct 1995 – Feb 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
305
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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 Gas111996-01-22134000
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
CondensateDisposition7,049 bbl$203,729
GasProduction2,878,277 Mcf$8,166,740
Total$8,370,469

1,040,508 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 29.9932, -96.6816. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.99319, -96.68162 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,352 ft
1 wells filed one
Completion to plug
4.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,352 ft.

Completions filed
Jan 2017
1 of 1 wells
Plug dates filed
Feb 2021
1 of 1 wells

Last completion to plug: a median of 4.1 years across the 1 well that filed both dates, with the middle half between 4.1 years and 4.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14932920110,352 ftJan 2017Feb 2021Yes

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 (305)

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

305 months

Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201610625548.763.72$6,118
Nov 201603,01542.492.64$7,973
Oct 2016039646.193.09$1,224
Sep 2016028141.553.10$871
Aug 2016052941.442.92$1,547
Jul 201603,62941.622.92$10,612
Jun 201603,50045.352.69$9,400
May 201603,76842.521.99$7,502
Apr 201603,68336.561.99$7,333
Mar 201603,92433.011.79$7,040
Feb 201603,78926.472.06$7,819
Jan 201604,05927.352.36$9,597
Dec 201504,14232.362.00$8,290
Nov 201504,00838.792.17$8,687
Oct 201504,46243.552.43$10,827
Sep 201505,52642.992.76$15,243
Aug 201503,33840.162.87$9,588
Jul 201507848.152.95$230
Jun 2015029756.152.88$856
May 2015070155.212.96$2,072
Apr 201503,14149.822.71$8,501
Mar 201502,48742.892.93$7,299
Feb 20151693,03344.662.98$16,574
Jan 201503,81343.433.10$11,823
Dec 201403,20854.693.59$11,521
Nov 201403,10270.464.25$13,189
Oct 201403,35078.303.90$13,068
Sep 201403,42986.164.05$13,872
Aug 201403,25589.394.04$13,134
Jul 201403,28196.564.18$13,713
Jun 201403,59698.164.74$17,034
May 201403,76394.734.73$17,786
Apr 201403,66395.944.81$17,616
Mar 201403,66995.895.06$18,553
Feb 201403,43997.406.19$21,294
Jan 201403,71890.404.86$18,072
Dec 201303,80691.824.35$16,573
Nov 201304,07688.853.74$15,237
Oct 201304,83997.423.78$18,288
Sep 201303,414104.113.72$12,692
Aug 20130300104.253.52$1,057
Jul 20130310102.523.72$1,153
Jun 201303,13694.403.93$12,335
May 201304,24294.834.15$17,600
Apr 201304,32293.964.28$18,509
Mar 201304,69993.623.91$18,387
Feb 201304,20591.233.42$14,381
Jan 201304,43391.603.42$15,160
Dec 201204,55186.773.42$15,565
Nov 201204,48486.953.62$16,254
Oct 201204,75189.383.40$16,152
Sep 201203,84594.672.92$11,221
Aug 201204,28492.662.91$12,459
Jul 20121824,26085.133.02$28,362
Jun 201204,04979.822.52$10,200
May 201204,31091.612.49$10,725
Apr 201204,138101.652.00$8,263
Mar 201204,442105.052.22$9,870
Feb 201204,160101.102.57$10,692
Jan 201203,99098.092.73$10,909
Dec 201104,23996.873.24$13,733
Nov 201104,73195.723.31$15,666
Oct 201104,77984.983.65$17,436
Sep 201105,43583.623.99$21,663
Aug 201107,32183.404.15$30,377
Jul 2011031094.144.52$1,400
Jun 2011034092.904.64$1,578
May 201103,74098.134.40$16,474
Apr 201104,999105.964.33$21,662
Mar 201105,07696.364.06$20,595
Feb 201104,57185.644.18$19,107
Jan 201106,03286.504.59$27,680
Dec 201004,52185.734.35$19,656
Nov 201005,05480.843.80$19,182
Oct 201005,51978.103.51$19,366
Sep 201005,38172.633.98$21,414
Aug 201005,97873.684.42$26,419
Jul 201005,58272.554.74$26,439
Jun 201005,61070.364.91$27,547
May 20101945,92871.124.24$38,904
Apr 201005,93481.694.12$24,464
Mar 201006,39878.394.39$28,079
Feb 201006,32873.585.44$34,439
Jan 201009,30074.365.96$55,466
Dec 200901,41971.445.48$7,781
Nov 20090274.593.75$8
Oct 2009051072.544.11$2,096
Sep 200905,51665.543.06$16,905
Aug 200905,82667.423.22$18,751
Jul 200906,03661.133.46$20,912
Jun 200906,11566.163.90$23,818
May 200906,24754.743.93$24,524
Apr 200906,10546.773.59$21,902
Mar 200906,38942.144.06$25,933
Feb 200905,38032.814.63$24,926
Jan 200906,22935.865.37$33,456
Dec 200806,74937.105.98$40,340
Nov 20081987,68355.496.86$63,695
Oct 200809,60475.246.92$66,479
Sep 200802,850101.767.88$22,450
Aug 200802,308114.228.48$19,579
Jul 200805,830131.0811.39$66,400
Jun 200806,435131.3313.03$83,865
May 200807,074123.1711.57$81,877
Apr 200806,817110.3110.45$71,271
Mar 200807,868101.909.66$76,037
Feb 200802,69192.538.77$23,602
Jan 200807,99090.388.21$65,564
Dec 2007012,10188.337.30$88,361
Nov 2007056791.677.29$4,134
Oct 200708,43282.856.92$58,366
Sep 2007011,38875.846.24$71,108
Aug 200708,70569.066.39$55,607
Jul 2007012970.906.39$824
Jun 20070062.007.55$0
May 20071506658.747.85$9,329
Apr 2007092659.617.81$7,228
Mar 200706,09656.927.30$44,513
Feb 200706,00655.108.22$49,345
Jan 200707,13450.306.73$47,989
Dec 200618,58556.656.92$59,451
Nov 200607,48654.207.62$57,024
Oct 200617,26754.906.01$43,757
Sep 20061926,90660.085.04$46,322
Aug 200608,01568.717.34$58,829
Jul 200618,09469.376.34$51,408
Jun 200607,63066.286.38$48,709
May 200618,33766.016.42$53,631
Apr 200608,07464.397.36$59,429
Mar 200618,61756.707.08$61,090
Feb 200617,86257.597.75$60,997
Jan 200619,35360.598.93$83,614
Dec 200519,43154.9413.42$126,576
Nov 200519,16654.6910.59$97,108
Oct 200509,94858.3413.80$137,240
Sep 200518,46661.4512.08$102,322
Aug 200519,99861.519.80$98,010
Jul 20051699,94255.697.84$87,393
Jun 200507,21452.337.38$53,247
May 200509,91745.226.65$65,960
Apr 2005010,61349.207.36$78,117
Mar 200509,66050.377.15$69,116
Feb 200507,95045.226.31$50,180
Jan 2005010,43443.166.32$65,966
Dec 200415711,00739.866.75$80,567
Nov 2004110,18445.286.33$64,514
Oct 2004111,33649.706.52$73,905
Sep 2004211,64443.245.28$61,612
Aug 2004112,89342.375.55$71,607
Jul 2004110,24038.286.08$62,340
Jun 2004211,34436.106.43$73,048
May 200419410,15837.486.49$73,243
Apr 2004111,16334.475.86$65,432
Mar 2004212,87234.365.53$71,253
Feb 2004112,30532.455.51$67,828
Jan 2004415,21132.036.30$95,952
Dec 200333,58130.266.30$22,657
Nov 20030028.804.60$0
Oct 2003010128.174.76$481
Sep 200315,49526.314.75$26,124
Aug 2003014,12629.765.13$72,462
Jul 2003215,48429.415.17$80,124
Jun 2003215,33328.565.98$91,794
May 2003019,28926.595.97$115,207
Apr 20031013,28926.675.41$72,124
Mar 200301,87931.146.10$11,454
Feb 200318,02233.487.93$63,615
Jan 2003094830.315.58$5,292
Dec 200217714,48626.914.85$75,075
Nov 2002015,79724.664.14$65,352
Oct 2002014,00426.464.23$59,225
Sep 2002018,18727.443.64$66,113
Aug 2002015,10525.963.16$47,795
Jul 2002020,11124.583.06$61,575
Jun 2002021,84423.733.34$72,921
May 200217420,62824.663.58$78,222
Apr 2002025,80223.653.51$90,625
Mar 2002035,33222.003.10$109,625
Feb 2002036,66718.222.38$87,109
Jan 20021653,51317.172.38$11,179
Dec 200104,75116.932.36$11,233
Nov 200101,99318.072.41$4,794
Oct 200104,59219.782.53$11,613
Sep 200102,33624.262.25$5,259
Aug 200102,58524.873.05$7,892
Jul 200102,75323.933.20$8,802
Jun 200103,00924.563.82$11,507
May 20011823,19325.524.31$18,398
Apr 200103,53024.685.34$18,834
Mar 200105,33824.545.38$28,699
Feb 200104,04127.755.77$23,305
Jan 200104,78527.478.40$40,188
Dec 200003,91826.889.12$35,742
Nov 200003,26432.215.66$18,468
Oct 20001793,19531.235.15$22,030
Sep 20001783,22931.875.19$22,420
Aug 200002,05929.644.54$9,349
Jul 200002,71628.534.09$11,108
Jun 200007,42929.304.40$32,667
May 2000014,42027.263.68$53,062
Apr 2000015,94024.513.12$49,669
Mar 2000018,36928.422.86$52,531
Feb 2000016,71427.622.73$45,571
Jan 200018819,83225.272.48$53,944
Dec 1999021,35724.282.42$51,763
Nov 1999019,38923.192.43$47,193
Oct 1999020,59620.982.80$57,745
Sep 1999019,99421.752.62$52,361
Aug 1999630,60519.262.88$88,123
Jul 19992823,73517.892.37$56,809
Jun 1999049215.942.36$1,162
May 19990315.792.32$7
Apr 19990015.102.21$0
Mar 199904,41812.471.84$8,122
Feb 199909,4559.981.82$17,187
Jan 199909,70110.381.90$18,431
Dec 1998010,8439.201.77$19,228
Nov 199818510,80410.892.19$25,629
Oct 1998011,56012.421.97$22,764
Sep 1998011,47612.592.08$23,900
Aug 1998012,89911.301.91$24,603
Jul 1998013,54811.742.24$30,311
Jun 1998013,03511.242.24$29,163
May 199835714,46312.622.21$36,416
Apr 1998013,36613.042.51$33,486
Mar 1998010,37812.802.31$23,967
Feb 199809,11313.952.30$20,952
Jan 199809,11714.702.15$19,645
Dec 199708,02216.322.41$19,342
Nov 199706,13218.193.09$18,937
Oct 199706,37319.253.15$20,074
Sep 199707,21517.742.95$21,319
Aug 19971896,55717.862.55$20,127
Jul 199704,66717.582.25$10,486
Jun 199708,01117.242.26$18,082
May 1997015,70118.972.31$36,246
Apr 199719024,19817.882.08$53,796
Mar 1997021,73218.951.94$42,141
Feb 199718635,98720.492.21$83,195
Jan 199718435,78923.483.54$131,003
Dec 1996031,35423.32$0
Nov 199619042,17621.97$4,174
Oct 1996037,30623.31$0
Sep 199617734,05122.22$3,933
Aug 199618342,51320.26$3,708
Jul 199618946,08419.55$3,695
Jun 1996050,95618.73$0
May 199617859,32919.43$3,459
Apr 199636060,85721.51$7,744
Mar 1996080,22319.38$0
Feb 199619388,03116.98$3,277
Jan 1996358113,46417.07$6,111
Dec 1995538144,78217.19$9,248
Nov 1995358196,61016.00$5,728
Oct 1995012,77215.43$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.

Dec 2016 — as filed, then multipliedworked
Condensate           106 bbl  × $ 48.76 =     $5,169
Gas                  255 Mcf  × $  3.72 =       $949

────────────────────────────────────────────────────
Month total                                   $6,118

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/156543 is the state's own key, not one this site invented.