STANLEY OL

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 156980District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.2 M
Sep 1995 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
369
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 Gas111996-02-27133783
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
CondensateDisposition80 bbl$3,013
GasProduction3,935,500 Mcf$7,202,868
Total$7,205,881

1,968,963 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 30.4471, -96.0619. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.44711, -96.06188 · 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
16,400 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 16,400 ft.

Completions filed
Sep 1995
1 of 1 wells

1 well

42-185305242H16,400 ftSep 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 (369)

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

369 months

May 20260563106.413.05$1,715
Apr 2026057498.932.87$1,647
Mar 2026047089.753.15$1,480
Feb 2026059463.503.75$2,228
Jan 202601,03859.138.00$8,302
Dec 202501,12056.664.41$4,943
Nov 2025084258.593.93$3,306
Oct 2025072059.383.30$2,379
Sep 2025032762.743.08$1,006
Aug 2025048663.933.01$1,465
Jul 2025044666.743.32$1,479
Jun 2025025666.483.13$801
May 202501,01160.553.23$3,268
Apr 202502,35662.363.54$8,348
Mar 202502,46667.704.27$10,526
Feb 202502,08170.884.34$9,033
Jan 2025037774.324.28$1,613
Dec 202401,86468.993.12$5,818
Nov 202402,45969.052.20$5,406
Oct 2024065571.372.28$1,494
Sep 2024060369.612.36$1,426
Aug 2024051375.632.06$1,059
Jul 2024022279.932.15$477
Jun 2024064278.082.63$1,691
May 2024071578.812.20$1,572
Apr 2024021984.451.66$363
Mar 2024081080.301.55$1,252
Feb 2024087176.091.78$1,554
Jan 2024053173.023.30$1,751
Dec 2023067471.262.61$1,760
Nov 2023087677.892.81$2,459
Oct 202301,50785.443.09$4,653
Sep 202302,04389.042.74$5,588
Aug 202302,15380.522.67$5,755
Jul 202302,21274.852.64$5,844
Jun 202302,15568.962.26$4,867
May 202342,27170.622.23$5,341
Apr 202302,25878.122.24$5,053
Mar 202302,35272.852.39$5,629
Feb 202301,49675.112.47$3,689
Jan 202302,25576.533.39$7,639
Dec 202202,25076.415.73$12,890
Nov 202202,18785.005.65$12,348
Oct 202202,20687.185.86$12,935
Sep 202202,22184.888.16$18,132
Aug 202202,22694.529.13$20,317
Jul 202212,301101.587.54$17,456
Jun 202212,327115.097.98$18,678
May 202202,406109.378.43$20,290
Apr 202202,349104.226.84$16,062
Mar 202202,530108.885.08$12,843
Feb 202202,49591.054.86$12,123
Jan 202202,44581.844.54$11,095
Dec 202112,46071.323.90$9,663
Nov 202102,47977.435.24$12,982
Oct 202101,80779.795.71$10,325
Sep 202102,54569.865.35$13,618
Aug 202102,08266.024.22$8,787
Jul 202102,80470.783.98$11,166
Jun 202103,08769.493.38$10,436
May 202102,81663.483.02$8,498
Apr 202102,80660.362.76$7,740
Mar 202102,54461.302.72$6,912
Feb 2021064857.805.55$3,595
Jan 202101,45850.412.81$4,097
Dec 202001,57044.642.68$4,200
Nov 202001,53738.772.71$4,160
Oct 202001,62236.972.48$4,020
Sep 202001,58937.091.99$3,164
Aug 202001,61739.982.39$3,857
Jul 202001,64338.371.83$2,999
Jun 202001,56134.901.69$2,639
May 202001,72616.921.81$3,132
Apr 202001,59714.751.80$2,882
Mar 202001,58430.341.86$2,940
Feb 202001,58449.881.98$3,137
Jan 202001,72957.252.09$3,622
Dec 201901,71759.012.30$3,957
Nov 201901,55755.302.75$4,283
Oct 201901,56953.472.42$3,795
Sep 201901,75055.052.66$4,650
Aug 201901,80953.112.30$4,169
Jul 201901,78956.272.46$4,401
Jun 201901,90852.782.49$4,753
May 201901,28558.482.74$3,521
Apr 201901,77962.632.75$4,894
Mar 201901,63556.803.06$5,007
Feb 201901,64350.852.79$4,588
Jan 201901,82046.033.23$5,875
Dec 201801,69546.594.19$7,094
Nov 201801,90652.934.24$8,076
Oct 201801,74261.443.40$5,919
Sep 201801,90559.543.11$5,921
Aug 201801,76559.403.07$5,412
Jul 201801,99265.142.93$5,840
Jun 201801,88960.183.08$5,812
May 201802,17565.382.90$6,309
Apr 201801,66263.842.90$4,821
Mar 201802,14461.222.79$5,975
Feb 201801,88461.782.77$5,211
Jan 201802,37662.874.01$9,526
Dec 201702,81957.272.92$8,236
Nov 201702,30655.423.12$7,191
Oct 201702,60449.292.98$7,770
Sep 201702,10347.523.09$6,493
Aug 201701,80145.373.00$5,411
Jul 201703,06143.873.09$9,450
Jun 201702,83842.493.09$8,762
May 201702,86645.373.26$9,353
Apr 201701,89247.933.21$6,076
Mar 201701,27746.772.98$3,810
Feb 201701,63350.452.95$4,822
Jan 201701,88349.413.42$6,438
Dec 201601,99348.763.72$7,420
Nov 201601,95342.492.64$5,164
Oct 201602,17746.193.09$6,728
Sep 201602,19541.553.10$6,806
Aug 201602,39741.442.92$7,010
Jul 201602,49941.622.92$7,308
Jun 201602,87445.352.69$7,719
May 201603,89242.521.99$7,749
Apr 201603,35236.561.99$6,674
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201501,33432.362.00$2,670
Nov 2015052438.792.17$1,136
Oct 2015096243.552.43$2,334
Sep 2015093642.992.76$2,582
Aug 2015092940.162.87$2,669
Jul 2015084648.152.95$2,492
Jun 2015093356.152.88$2,690
May 201501,11555.212.96$3,295
Apr 2015097949.822.71$2,650
Mar 201501,03842.892.93$3,046
Feb 2015084644.662.98$2,518
Jan 201501,02643.433.10$3,181
Dec 201401,22854.693.59$4,410
Nov 201402,20870.464.25$9,388
Oct 201402,24178.303.90$8,742
Sep 201402,02886.164.05$8,204
Aug 201402,46589.394.04$9,947
Jul 201403,07296.564.18$12,840
Jun 201403,00198.164.74$14,215
May 201402,87494.734.73$13,584
Apr 201402,96595.944.81$14,259
Mar 201402,62695.895.06$13,279
Feb 201402,84597.406.19$17,616
Jan 201402,16590.404.86$10,523
Dec 201302,94791.824.35$12,833
Nov 201302,39188.853.74$8,938
Oct 201302,72097.423.78$10,280
Sep 201304,422104.113.72$16,440
Aug 201303,760104.253.52$13,245
Jul 201303,696102.523.72$13,741
Jun 2013095094.403.93$3,737
May 201301,02894.834.15$4,265
Apr 201301,18993.964.28$5,092
Mar 201301,96593.623.91$7,689
Feb 201301,91991.233.42$6,563
Jan 201302,10491.603.42$7,195
Dec 201201,03786.773.42$3,547
Nov 201202,18086.953.62$7,902
Oct 2012093389.383.40$3,172
Sep 2012090194.672.92$2,629
Aug 201201,42292.662.91$4,135
Jul 201203,16685.133.02$9,564
Jun 201202,99879.822.52$7,552
May 201202,14191.612.49$5,327
Apr 201202,263101.652.00$4,519
Mar 201202,570105.052.22$5,711
Feb 201202,098101.102.57$5,392
Jan 201202,53198.092.73$6,920
Dec 201102,54996.873.24$8,258
Nov 201102,45295.723.31$8,119
Oct 201102,43184.983.65$8,870
Sep 201102,71783.623.99$10,829
Aug 201103,25683.404.15$13,510
Jul 201103,34294.144.52$15,097
Jun 201103,10292.904.64$14,393
May 201103,19198.134.40$14,056
Apr 201103,304105.964.33$14,317
Mar 201103,34196.364.06$13,556
Feb 201103,02085.644.18$12,624
Jan 201103,26086.504.59$14,959
Dec 201003,38885.734.35$14,730
Nov 201003,24380.843.80$12,308
Oct 201003,16478.103.51$11,102
Sep 201003,57772.633.98$14,235
Aug 201003,65273.684.42$16,140
Jul 201003,70672.554.74$17,553
Jun 201003,67370.364.91$18,036
May 201003,95571.124.24$16,750
Apr 201002,54481.694.12$10,488
Mar 201003,78378.394.39$16,602
Feb 201003,42673.585.44$18,646
Jan 201003,79474.365.96$22,628
Dec 200904,11871.445.48$22,582
Nov 200904,53474.593.75$17,009
Oct 200903,33972.544.11$13,724
Sep 200902,85565.543.06$8,750
Aug 200903,20367.423.22$10,309
Jul 200902,29361.133.46$7,944
Jun 200902,66366.163.90$10,372
May 200943,35054.743.93$13,370
Apr 200903,43246.773.59$12,312
Mar 200903,43842.144.06$13,955
Feb 200903,19532.814.63$14,802
Jan 200903,44735.865.37$18,514
Dec 200803,69737.105.98$22,097
Nov 200803,65655.496.86$25,081
Oct 200803,81475.246.92$26,400
Sep 200803,317101.767.88$26,128
Aug 200803,231114.228.48$27,409
Jul 200803,494131.0811.39$39,795
Jun 200803,793131.3313.03$49,433
May 200813,847123.1711.57$44,649
Apr 200803,513110.3110.45$36,728
Mar 200803,467101.909.66$33,505
Feb 200813,91792.538.77$34,447
Jan 200804,17190.388.21$34,226
Dec 200704,28688.337.30$31,296
Nov 200714,13591.677.29$30,243
Oct 200704,42882.856.92$30,651
Sep 200724,58475.846.24$28,775
Aug 200704,37169.066.39$27,922
Jul 200703,51270.906.39$22,434
Jun 200713,46462.007.55$26,210
May 200703,67158.747.85$28,804
Apr 200703,52159.617.81$27,482
Mar 200703,69856.927.30$27,003
Feb 200703,41355.108.22$28,041
Jan 200703,66250.306.73$24,634
Dec 200603,85856.656.92$26,691
Nov 200603,46554.207.62$26,395
Oct 200603,49754.906.01$21,030
Sep 200603,18160.085.04$16,023
Aug 200623,70668.717.34$27,339
Jul 200603,58769.376.34$22,751
Jun 200613,56466.286.38$22,818
May 200613,64666.016.42$23,492
Apr 200603,66664.397.36$26,984
Mar 200603,75356.707.08$26,582
Feb 200623,38057.597.75$26,314
Jan 200603,87760.598.93$34,634
Dec 200504,01554.9413.42$53,863
Nov 200504,07554.6910.59$43,148
Oct 200514,47358.3413.80$61,767
Sep 200503,89361.4512.08$47,024
Aug 200504,04661.519.80$39,638
Jul 200504,43755.697.84$34,802
Jun 200504,00052.337.38$29,524
May 200504,31445.226.65$28,693
Apr 200504,17349.207.36$30,715
Mar 200514,46850.377.15$32,018
Feb 200504,11545.226.31$25,974
Jan 200504,52543.166.32$28,608
Dec 200404,49539.866.75$30,346
Nov 200414,43345.286.33$28,108
Oct 200404,45849.706.52$29,044
Sep 200414,36543.245.28$23,107
Aug 200404,52342.375.55$25,106
Jul 200404,45038.286.08$27,075
Jun 200404,31336.106.43$27,746
May 200404,35437.486.49$28,277
Apr 200404,28434.475.86$25,098
Mar 200404,37834.365.53$24,211
Feb 200404,10032.455.51$22,589
Jan 200404,15532.036.30$26,175
Dec 200303,87930.266.30$24,444
Nov 200304,34428.804.60$19,961
Oct 200304,96928.174.76$23,651
Sep 200305,10426.314.75$24,241
Aug 200305,40429.765.13$27,721
Jul 200305,63229.415.17$29,122
Jun 200305,80028.565.98$34,701
May 200305,41826.595.97$32,360
Apr 200303,35726.675.41$18,152
Mar 200303,89431.146.10$23,738
Feb 200304,27333.487.93$33,867
Jan 200304,60530.315.58$25,705
Dec 200204,95526.914.85$24,050
Nov 200204,90224.664.14$20,279
Oct 200204,86826.464.23$20,587
Sep 200204,55527.443.64$16,558
Aug 200205,13125.963.16$16,235
Jul 200204,68624.583.06$14,347
Jun 200201,92523.733.34$6,426
May 200205,05324.663.58$18,110
Apr 200203,99123.653.51$14,018
Mar 200207,34422.003.10$22,786
Feb 200207,07418.222.38$16,806
Jan 200209,89417.172.38$23,505
Dec 2001075516.932.36$1,785
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 200101,98524.262.25$4,469
Aug 200104,52424.873.05$13,813
Jul 200107,27423.933.20$23,256
Jun 200106,12724.563.82$23,431
May 200107,11925.524.31$30,664
Apr 200109,13724.685.34$48,749
Mar 2001010,38624.545.38$55,840
Feb 2001012,30227.755.77$70,947
Jan 2001010,43127.478.40$87,607
Dec 2000010,13626.889.12$92,466
Nov 200008,21032.215.66$46,452
Oct 2000014,99831.235.15$77,172
Sep 2000016,47531.875.19$85,448
Aug 2000017,35929.644.54$78,823
Jul 200007,35828.534.09$30,092
Jun 200009,78829.304.40$43,040
May 2000015,04627.263.68$55,366
Apr 2000017,65224.513.12$55,004
Mar 2000016,90028.422.86$48,330
Feb 2000023,84327.622.73$65,008
Jan 200009,72725.272.48$24,128
Dec 1999021,75024.282.42$52,716
Nov 1999019,32523.192.43$47,037
Oct 1999020,39020.982.80$57,168
Sep 1999012,39421.752.62$32,458
Aug 1999013,20519.262.88$37,972
Jul 1999022,26817.892.37$52,828
Jun 1999011,14915.942.36$26,335
May 1999021,57515.792.32$50,076
Apr 1999022,35815.102.21$49,368
Mar 1999021,49612.471.84$39,517
Feb 1999020,2639.981.82$36,834
Jan 1999024,65210.381.90$46,838
Dec 1998025,1429.201.77$44,585
Nov 1998025,00910.892.19$54,663
Oct 1998024,52212.421.97$48,289
Sep 1998023,55412.592.08$49,054
Aug 1998017,18111.301.91$32,770
Jul 1998017,49911.742.24$39,150
Jun 1998023,32811.242.24$52,191
May 1998028,09612.622.21$61,989
Apr 1998025,27013.042.51$63,310
Mar 1998025,92012.802.31$59,861
Feb 1998025,94213.952.30$59,644
Jan 1998034,48214.702.15$74,301
Dec 1997030,45116.322.41$73,420
Nov 1997038,20918.193.09$117,999
Oct 1997014,40919.253.15$45,386
Sep 1997026,11217.742.95$77,158
Aug 1997027,35517.862.55$69,885
Jul 1997039,33317.582.25$88,379
Jun 1997141,58617.242.26$93,885
May 1997019,16318.972.31$44,238
Apr 1997047,33417.882.08$98,586
Mar 1997155,45818.951.94$107,560
Feb 1997039,06220.492.21$86,167
Jan 1997037,03623.483.54$131,096
Dec 1996312,17323.32$70
Nov 19963653,81321.97$791
Oct 1996116,86023.31$23
Sep 1996215,27822.22$44
Aug 19960020.26$0
Jul 1996086,97919.55$0
Jun 1996091,38118.73$0
May 1996265,85319.43$39
Apr 19960107,52421.51$0
Mar 19960139,07219.38$0
Feb 19962173,21716.98$34
Jan 19963265,10017.07$51
Dec 19950162,47417.19$0
Nov 19952163,58816.00$32
Oct 19950242,17215.43$0
Sep 19950373,47916.18$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  563 Mcf  × $  3.05 =     $1,715

────────────────────────────────────────────────────
Month total                                   $1,715

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/156980 is the state's own key, not one this site invented.