RIO BRAVO 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 156983District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
Aug 1995 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
370
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 Gas111996-02-27133828
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
CondensateDisposition110,952 bbl$2,629,725
GasProduction3,176,208 Mcf$6,217,044
Total$8,846,769

1,506,210 Mcf of this lease's gas, across 16 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 30.0161, -96.7229. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.01610, -96.72287 · 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
16,402 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 16,402 ft.

Completions filed
Aug 1995
1 of 1 wells

1 well

42-14932977116,402 ftAug 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 (370)

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

370 months

May 20260551106.413.05$1,678
Apr 2026031998.932.87$915
Mar 2026033389.753.15$1,049
Feb 2026027463.503.75$1,028
Jan 2026042459.138.00$3,391
Dec 2025036056.664.41$1,589
Nov 2025037658.593.93$1,476
Oct 2025048959.383.30$1,616
Sep 2025037562.743.08$1,154
Aug 2025039963.933.01$1,203
Jul 2025045566.743.32$1,508
Jun 2025045066.483.13$1,408
May 20253154060.553.23$3,623
Apr 2025044862.363.54$1,587
Mar 2025046567.704.27$1,985
Feb 2025049170.884.34$2,131
Jan 2025048574.324.28$2,075
Dec 2024149668.993.12$1,617
Nov 2024046869.052.20$1,029
Oct 2024254271.372.28$1,379
Sep 2024044469.612.36$1,050
Aug 2024047975.632.06$988
Jul 2024048479.932.15$1,039
Jun 2024057778.082.63$1,520
May 2024044878.812.20$985
Apr 2024052584.451.66$871
Mar 2024049480.301.55$763
Feb 2024044276.091.78$788
Jan 2024059873.023.30$1,972
Dec 2023049171.262.61$1,282
Nov 2023055977.892.81$1,569
Oct 2023049985.443.09$1,541
Sep 2023062489.042.74$1,707
Aug 2023047380.522.67$1,264
Jul 2023017274.852.64$454
Jun 2023037268.962.26$840
May 2023041670.622.23$927
Apr 2023053678.122.24$1,199
Mar 2023070272.852.39$1,680
Feb 2023055075.112.47$1,356
Jan 2023057776.533.39$1,955
Dec 2022055976.415.73$3,203
Nov 2022048585.005.65$2,738
Oct 2022061287.185.86$3,589
Sep 2022066984.888.16$5,462
Aug 2022046894.529.13$4,272
Jul 20220744101.587.54$5,611
Jun 20220789115.097.98$6,294
May 202201,225109.378.43$10,330
Apr 20220675104.226.84$4,615
Mar 20220626108.885.08$3,178
Feb 2022058491.054.86$2,838
Jan 2022068781.844.54$3,117
Dec 2021076171.323.90$2,967
Nov 2021158277.435.24$3,125
Oct 2021065879.795.71$3,760
Sep 2021064169.865.35$3,430
Aug 2021066466.024.22$2,802
Jul 2021067670.783.98$2,692
Jun 2021071069.493.38$2,400
May 2021068863.483.02$2,076
Apr 2021070060.362.76$1,931
Mar 2021071161.302.72$1,932
Feb 2021062557.805.55$3,467
Jan 2021057350.412.81$1,610
Dec 2020068344.642.68$1,827
Nov 2020059438.772.71$1,608
Oct 2020066136.972.48$1,638
Sep 2020077137.091.99$1,535
Aug 2020088539.982.39$2,111
Jul 20201841,11438.371.83$9,093
Jun 202001,03734.901.69$1,753
May 202001,08616.921.81$1,971
Apr 202081,14614.751.80$2,186
Mar 202001,09630.341.86$2,034
Feb 20201611,09249.881.98$10,194
Jan 202001,10457.252.09$2,313
Dec 2019094159.012.30$2,168
Nov 2019088055.302.75$2,421
Oct 201901,12253.472.42$2,714
Sep 20191591,12555.052.66$11,742
Aug 201901,18353.112.30$2,726
Jul 201901,24956.272.46$3,073
Jun 201901,23052.782.49$3,064
May 20191731,33058.482.74$13,762
Apr 2019098162.632.75$2,698
Mar 201901,10256.803.06$3,374
Feb 201901,58850.852.79$4,434
Jan 20191901,76046.033.23$14,427
Dec 201801,88246.594.19$7,877
Nov 20181911,88052.934.24$18,076
Oct 201801,83261.443.40$6,225
Sep 2018062559.543.11$1,943
Aug 2018267359.403.07$2,183
Jul 2018071565.142.93$2,096
Jun 2018072860.183.08$2,240
May 2018075665.382.90$2,193
Apr 2018074263.842.90$2,152
Mar 2018075461.222.79$2,101
Feb 2018071661.782.77$1,981
Jan 2018089662.874.01$3,592
Dec 2017090257.272.92$2,635
Nov 20177388155.423.12$6,793
Oct 2017293549.292.98$2,888
Sep 2017285947.523.09$2,747
Aug 2017094845.373.00$2,848
Jul 2017089443.873.09$2,760
Jun 2017085142.493.09$2,627
May 2017091645.373.26$2,989
Apr 2017093247.933.21$2,993
Mar 2017088046.772.98$2,626
Feb 2017085350.452.95$2,519
Jan 2017097949.413.42$3,347
Dec 201601,06448.763.72$3,961
Nov 201601,17842.492.64$3,115
Oct 201601,24546.193.09$3,847
Sep 20161821,31041.553.10$11,624
Aug 201601,26441.442.92$3,696
Jul 201601,25541.622.92$3,670
Jun 201601,32745.352.69$3,564
May 201601,35042.521.99$2,688
Apr 201601,31436.561.99$2,616
Mar 20161901,38833.011.79$8,762
Feb 201601,30426.472.06$2,691
Jan 201601,39927.352.36$3,308
Dec 201501,40932.362.00$2,820
Nov 201501,37838.792.17$2,987
Oct 20151871,36043.552.43$11,444
Sep 201501,39542.992.76$3,848
Aug 201501,27340.162.87$3,657
Jul 201501,28148.152.95$3,773
Jun 201501,28456.152.88$3,702
May 20151901,47255.212.96$14,840
Apr 201501,44549.822.71$3,911
Mar 201501,30542.892.93$3,830
Feb 201501,20944.662.98$3,598
Jan 201501,33243.433.10$4,130
Dec 201401,43254.693.59$5,143
Nov 20141931,32270.464.25$19,220
Oct 201401,42978.303.90$5,574
Sep 201401,51686.164.05$6,133
Aug 201401,55889.394.04$6,287
Jul 20141951,53996.564.18$25,262
Jun 201401,18698.164.74$5,618
May 2014097894.734.73$4,623
Apr 201401,17995.944.81$5,670
Mar 201401,47995.895.06$7,479
Feb 20141991,36597.406.19$27,835
Jan 201401,51890.404.86$7,379
Dec 201301,55091.824.35$6,749
Nov 201301,51588.853.74$5,663
Oct 20131872,06197.423.78$26,007
Sep 201301,788104.113.72$6,647
Aug 201301,814104.253.52$6,390
Jul 201301,984102.523.72$7,376
Jun 2013091594.403.93$3,599
May 201301,17794.834.15$4,883
Apr 201301,23893.964.28$5,302
Mar 201301,30893.623.91$5,118
Feb 20131871,27391.233.42$21,414
Jan 201301,43191.603.42$4,894
Dec 201201,60186.773.42$5,476
Nov 201201,71186.953.62$6,202
Oct 201201,81789.383.40$6,177
Sep 201201,85994.672.92$5,425
Aug 201201,90692.662.91$5,543
Jul 201201,94585.133.02$5,875
Jun 20121911,92679.822.52$20,097
May 201202,01491.612.49$5,011
Apr 201201,969101.652.00$3,932
Mar 201201,966105.052.22$4,369
Feb 201201,846101.102.57$4,745
Jan 20121962,16198.092.73$25,134
Dec 201102,13896.873.24$6,927
Nov 201102,09095.723.31$6,921
Oct 20111922,15284.983.65$24,168
Sep 201102,08483.623.99$8,306
Aug 201101,75883.404.15$7,295
Jul 201101,88794.144.52$8,524
Jun 201101,82292.904.64$8,454
May 201101,87898.134.40$8,272
Apr 20111931,811105.964.33$28,298
Mar 201102,15696.364.06$8,748
Feb 201101,98785.644.18$8,306
Jan 20111992,22786.504.59$27,433
Dec 201002,43685.734.35$10,591
Nov 201002,13880.843.80$8,114
Oct 20101932,56078.103.51$24,056
Sep 201001,81572.633.98$7,223
Aug 201002,12873.684.42$9,404
Jul 201002,28972.554.74$10,842
Jun 20101922,26570.364.91$24,631
May 201002,40771.124.24$10,194
Apr 201002,27981.694.12$9,396
Mar 20101952,18978.394.39$24,893
Feb 201002,01173.585.44$10,945
Jan 20101972,32074.365.96$28,486
Dec 200902,31771.445.48$12,706
Nov 20091422,35374.593.75$19,419
Oct 200902,50072.544.11$10,276
Sep 200902,35465.543.06$7,214
Aug 20091922,50767.423.22$21,013
Jul 200902,50261.133.46$8,668
Jun 20091822,37566.163.90$21,292
May 200902,50054.743.93$9,814
Apr 200902,79246.773.59$10,016
Mar 20091942,70842.144.06$19,167
Feb 200902,47732.814.63$11,476
Jan 20091982,82235.865.37$22,257
Dec 200802,26437.105.98$13,532
Nov 20081942,30855.496.86$26,599
Oct 200803,08375.246.92$21,340
Sep 20081942,431101.767.88$38,891
Aug 200802,745114.228.48$23,286
Jul 20081932,961131.0811.39$59,023
Jun 200802,997131.3313.03$39,059
May 200803,150123.1711.57$36,459
Apr 20081983,261110.3110.45$55,935
Mar 200803,389101.909.66$32,752
Feb 20081973,21792.538.77$46,443
Jan 200802,54890.388.21$20,908
Dec 200702,76188.337.30$20,161
Nov 200703,31891.677.29$24,194
Oct 20071943,43382.856.92$39,836
Sep 200703,47975.846.24$21,723
Aug 20071843,83669.066.39$37,211
Jul 200723,84570.906.39$24,703
Jun 20071993,54162.007.55$39,067
May 200723,82758.747.85$30,145
Apr 20072004,01859.617.81$43,283
Mar 20071954,16856.927.30$41,534
Feb 200703,78655.108.22$31,106
Jan 20071894,50350.306.73$39,798
Dec 20061914,75456.656.92$43,710
Nov 200644,90454.207.62$37,573
Oct 20061995,30654.906.01$42,834
Sep 20061894,92160.085.04$36,143
Aug 200624,60468.717.34$33,930
Jul 20061906,75469.376.34$56,019
Jun 20061986,65466.286.38$55,602
May 20061916,03266.016.42$51,364
Apr 200672,81864.397.36$21,193
Mar 20061903,83656.707.08$37,943
Feb 200623,98857.597.75$31,027
Jan 20061834,41660.598.93$50,538
Dec 200534,30754.9413.42$57,945
Nov 20051844,12254.6910.59$53,708
Oct 20051584,33758.3413.80$69,050
Sep 200523,53761.4512.08$42,846
Aug 20051583,45761.519.80$43,586
Jul 20051823,27255.697.84$35,800
Jun 200533,57252.337.38$26,522
May 20051833,99945.226.65$34,873
Apr 20051893,62249.207.36$35,958
Mar 200564,02850.377.15$29,122
Feb 20051683,64045.226.31$30,572
Jan 20051604,56043.166.32$35,735
Dec 20041804,36339.866.75$36,630
Nov 20041633,81245.286.33$31,512
Oct 20041764,55149.706.52$38,397
Sep 20041824,10543.245.28$29,560
Aug 20041764,00242.375.55$29,671
Jul 200423,83938.286.08$23,434
Jun 20041813,60436.106.43$29,719
May 20041774,83237.486.49$38,016
Apr 20041844,87434.475.86$34,897
Mar 20043765,46334.365.53$43,131
Feb 20041915,40032.455.51$35,950
Jan 20041905,09332.036.30$38,170
Dec 20031914,79730.266.30$36,009
Nov 20031804,68328.804.60$26,703
Oct 20031865,31528.174.76$30,537
Sep 20031856,04026.314.75$33,553
Aug 20031876,68429.765.13$39,852
Jul 20031907,26929.415.17$43,175
Jun 20033818,36328.565.98$60,917
May 20031878,80026.595.97$57,532
Apr 200357213,95726.675.41$90,725
Mar 2003627,63931.146.10$48,498
Feb 20031321,03533.487.93$12,623
Jan 200318913,75530.315.58$82,510
Dec 20023693,96826.914.85$29,190
Nov 200204,96224.664.14$20,528
Oct 200206,32426.464.23$26,745
Sep 200204,65627.443.64$16,925
Aug 20023644,05225.963.16$22,271
Jul 200205,38324.583.06$16,481
Jun 200285,73923.733.34$19,348
May 200204,16924.663.58$14,942
Apr 20021834,10123.653.51$18,732
Mar 200205,27022.003.10$16,351
Feb 200275,27818.222.38$12,666
Jan 20021834,84517.172.38$14,652
Dec 20011865,66616.932.36$16,546
Nov 200104,58118.072.41$11,020
Oct 20011656,49519.782.53$19,689
Sep 20011854,89524.262.25$15,508
Aug 20011807,82224.873.05$28,358
Jul 20013557,49123.933.20$32,444
Jun 200106,42324.563.82$24,563
May 20011826,02025.524.31$30,575
Apr 20015376,45224.685.34$47,677
Mar 200189,95824.545.38$53,735
Feb 20013717,26827.755.77$52,210
Jan 20011838,00127.478.40$72,225
Dec 20001878,54426.889.12$82,969
Nov 20001848,05632.215.66$51,507
Oct 20003628,12731.235.15$53,123
Sep 20003518,80031.875.19$56,828
Aug 20003579,02429.644.54$51,557
Jul 200018810,92228.534.09$50,032
Jun 20001848,11729.304.40$41,084
May 20003588,36127.263.68$40,525
Apr 200008,65724.513.12$26,975
Mar 200036411,29728.422.86$42,651
Feb 200036511,04827.622.73$40,204
Jan 200036913,52025.272.48$42,861
Dec 199973414,09724.282.42$51,989
Nov 199926614,99523.192.43$42,666
Oct 199917911,43820.982.80$35,824
Sep 199953914,00621.752.62$48,403
Aug 199971812,32019.262.88$49,256
Jul 1999014,06117.892.37$33,358
Jun 199935914,48115.942.36$39,928
May 199972316,52215.792.32$49,764
Apr 199936312,95515.102.21$34,087
Mar 199936014,50212.471.84$31,149
Feb 199937114,6089.981.82$30,257
Jan 199972514,86410.381.90$35,766
Dec 199836916,2059.201.77$32,131
Nov 199854516,22210.892.19$41,392
Oct 199837716,05212.421.97$36,292
Sep 199836416,07812.592.08$38,067
Aug 199853917,91211.301.91$40,255
Jul 199871821,74211.742.24$57,072
Jun 199835621,82111.242.24$52,821
May 199873823,93812.622.21$62,129
Apr 199872324,00113.042.51$69,558
Mar 199872625,85612.802.31$69,006
Feb 199872623,56013.952.30$64,295
Jan 199873327,11214.702.15$69,196
Dec 199736622,71816.322.41$60,748
Nov 199773725,35018.193.09$91,693
Oct 199792029,13419.253.15$109,477
Sep 199755133,06817.742.95$107,487
Aug 199792637,20417.862.55$111,585
Jul 199790939,39517.582.25$104,498
Jun 19971,08839,94417.242.26$108,919
May 19971,09334,48918.972.31$100,352
Apr 19971,80938,02817.882.08$111,549
Mar 19971,28142,89718.951.94$107,458
Feb 19971,27632,80820.492.21$98,516
Jan 19971,66540,78523.483.54$183,461
Dec 19961,63945,10223.32$38,221
Nov 19961,82949,02921.97$40,183
Oct 19962,38562,23923.31$55,594
Sep 19962,36464,44622.22$52,528
Aug 19962,55775,14720.26$51,805
Jul 19963,05483,37719.55$59,706
Jun 19962,51481,29318.73$47,087
May 19963,39590,60019.43$65,965
Apr 19963,28089,08521.51$70,553
Mar 19963,641104,90619.38$70,563
Feb 19964,153101,63016.98$70,518
Jan 19965,125122,41717.07$87,484
Dec 19956,988146,46517.19$120,124
Nov 19958,676169,24316.00$138,816
Oct 199510,316184,48215.43$159,176
Sep 19951,98036,74916.18$32,036
Aug 19950015.92$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                  551 Mcf  × $  3.05 =     $1,678

────────────────────────────────────────────────────
Month total                                   $1,678

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/156983 is the state's own key, not one this site invented.