COLLEGE HILLS UNIT

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

Gas lease lease 157043District 03Field 504246002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
Jul 1995 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
371
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 42 leases and 42 wells, and the rule below applies to all of them.

Discovered
1978-06-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1996-11-01.

The Commission's schedule remark for this field reads: THIS FIELD SAME AS KURTEN (BUDA) IN OIL.

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 Gas112000-06-07141142
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
CondensateDisposition50,805 bbl$1,876,246
GasProduction1,265,279 Mcf$1,775,370
Total$3,651,615

788,770 Mcf of this lease's gas, across 18 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 30.6430, -96.2462. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.64303, -96.24619 · 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
14,500 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 14,500 ft.

Completions filed
Jul 1995
1 of 1 wells

1 well

42-04131649114,500 ftJul 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 (371)

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

371 months

May 20260923106.413.05$2,811
Apr 20267386998.932.87$9,716
Mar 2026098589.753.15$3,102
Feb 2026089663.503.75$3,360
Jan 202601,03759.138.00$8,294
Dec 202501,10156.664.41$4,859
Nov 202501,10958.593.93$4,354
Oct 202501,15759.383.30$3,824
Sep 2025095362.743.08$2,932
Aug 20251861,46463.933.01$16,305
Jul 202501,28366.743.32$4,253
Jun 202531,17766.483.13$3,882
May 20251831,38360.553.23$15,551
Apr 202541,35062.363.54$5,033
Mar 202561,30767.704.27$5,985
Feb 202501,35570.884.34$5,882
Jan 20251921,34374.324.28$20,016
Dec 202401,34768.993.12$4,204
Nov 20241841,19869.052.20$15,339
Oct 202401,41171.372.28$3,219
Sep 202401,38669.612.36$3,277
Aug 20241831,32875.632.06$16,581
Jul 202401,33679.932.15$2,868
Jun 20241821,39678.082.63$17,888
May 202421,28578.812.20$2,983
Apr 202401,21384.451.66$2,013
Mar 20241831,41480.301.55$16,880
Feb 20241901,31876.091.78$16,808
Jan 202401,15873.023.30$3,819
Dec 202301,39271.262.61$3,634
Nov 20231881,38177.892.81$18,521
Oct 202301,15185.443.09$3,553
Sep 20231831,23989.042.74$19,683
Aug 202301,14780.522.67$3,066
Jul 202311,00174.852.64$2,719
Jun 202301,07968.962.26$2,437
May 20231931,36970.622.23$16,679
Apr 202301,33178.122.24$2,978
Mar 20231791,33472.852.39$16,233
Feb 20232001,26375.112.47$18,136
Jan 202301,31776.533.39$4,462
Dec 20221991,25176.415.73$22,373
Nov 20221791,22385.005.65$22,120
Oct 202251,21087.185.86$7,531
Sep 20221881,12984.888.16$25,174
Aug 202218196494.529.13$25,907
Jul 2022177680101.587.54$23,108
Jun 202210389115.097.98$4,254
May 20220153109.378.43$1,290
Apr 20222226104.226.84$1,754
Mar 2022182266108.885.08$21,166
Feb 202226491.054.86$493
Jan 20221381.844.54$95
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021028779.795.71$1,640
Sep 2021043469.865.35$2,322
Aug 2021047666.024.22$2,009
Jul 2021048570.783.98$1,931
Jun 2021047569.493.38$1,606
May 202118849563.483.02$13,428
Apr 2021047760.362.76$1,316
Mar 2021052661.302.72$1,429
Feb 2021041157.805.55$2,280
Jan 2021022150.412.81$621
Dec 2020044444.642.68$1,188
Nov 2020053938.772.71$1,459
Oct 2020055136.972.48$1,366
Sep 202019351237.091.99$8,178
Aug 2020242439.982.39$1,091
Jul 2020052838.371.83$964
Jun 2020052734.901.69$891
May 2020052216.921.81$947
Apr 2020150414.751.80$924
Mar 2020056430.341.86$1,047
Feb 202018135649.881.98$9,733
Jan 2020025557.252.09$534
Dec 2019023859.012.30$548
Nov 2019024755.302.75$679
Oct 2019027653.472.42$668
Sep 2019028555.052.66$757
Aug 201918236053.112.30$10,496
Jul 2019032056.272.46$787
Jun 2019042552.782.49$1,059
May 201918532858.482.74$11,718
Apr 2019038062.632.75$1,045
Mar 201918644656.803.06$11,931
Feb 2019060450.852.79$1,687
Jan 201919062646.033.23$10,767
Dec 2018039446.594.19$1,649
Nov 20180052.934.24$0
Oct 2018053661.443.40$1,821
Sep 201818679159.543.11$13,533
Aug 201801,15159.403.07$3,530
Jul 20180265.142.93$6
Jun 20180760.183.08$22
May 201803465.382.90$99
Apr 201804463.842.90$128
Mar 201806361.222.79$176
Feb 201807761.782.77$213
Jan 2018010962.874.01$437
Dec 201709457.272.92$275
Nov 201709255.423.12$287
Oct 201705949.292.98$176
Sep 201709647.523.09$296
Aug 20170045.373.00$0
Jul 2017010943.873.09$337
Jun 201709042.493.09$278
May 20170245.373.26$7
Apr 201701547.933.21$48
Mar 201705146.772.98$152
Feb 201704050.452.95$118
Jan 201708949.413.42$304
Dec 2016026048.763.72$968
Nov 2016030342.492.64$801
Oct 2016029846.193.09$921
Sep 2016017641.553.10$546
Aug 2016019941.442.92$582
Jul 2016019841.622.92$579
Jun 2016021045.352.69$564
May 2016030942.521.99$615
Apr 2016037636.561.99$749
Mar 2016039433.011.79$707
Feb 2016030926.472.06$638
Jan 201618936827.352.36$6,039
Dec 2015038132.362.00$763
Nov 2015037838.792.17$819
Oct 2015043543.552.43$1,056
Sep 2015036142.992.76$996
Aug 2015041740.162.87$1,198
Jul 2015043048.152.95$1,266
Jun 2015043356.152.88$1,248
May 2015037955.212.96$1,120
Apr 201510944749.822.71$6,640
Mar 2015032742.892.93$960
Feb 2015039144.662.98$1,164
Jan 2015042843.433.10$1,327
Dec 2014042254.693.59$1,516
Nov 2014040570.464.25$1,722
Oct 2014036278.303.90$1,412
Sep 2014011086.164.05$445
Aug 2014019489.394.04$783
Jul 2014024296.564.18$1,011
Jun 201418826098.164.74$19,686
May 2014028894.734.73$1,361
Apr 2014022995.944.81$1,101
Mar 2014020995.895.06$1,057
Feb 2014038797.406.19$2,396
Jan 201419344290.404.86$19,596
Dec 2013044891.824.35$1,951
Nov 2013042788.853.74$1,596
Oct 201319348997.423.78$20,650
Sep 20130371104.113.72$1,379
Aug 20130382104.253.52$1,346
Jul 20130417102.523.72$1,550
Jun 2013041094.403.93$1,613
May 2013045494.834.15$1,884
Apr 2013044393.964.28$1,897
Mar 2013056993.623.91$2,226
Feb 2013024591.233.42$838
Jan 2013050791.603.42$1,734
Dec 2012057586.773.42$1,967
Nov 2012061986.953.62$2,244
Oct 2012065489.383.40$2,223
Sep 201218174294.672.92$19,301
Aug 2012043392.662.91$1,259
Jul 2012029785.133.02$897
Jun 2012065879.822.52$1,658
May 2012062791.612.49$1,560
Apr 20120928101.652.00$1,853
Mar 201201,074105.052.22$2,387
Feb 2012195947101.102.57$22,149
Jan 201201,63298.092.73$4,462
Dec 20111971,41596.873.24$23,668
Nov 201101,78995.723.31$5,924
Oct 20111941,95484.983.65$23,615
Sep 201101,97683.623.99$7,876
Aug 20111952,39283.404.15$26,188
Jul 201102,88594.144.52$13,032
Jun 20113824,33092.904.64$55,578
May 20113853,95198.134.40$55,183
Apr 20111942,228105.964.33$30,211
Mar 20111922,76596.364.06$29,720
Feb 20111932,92485.644.18$28,751
Jan 20111954,27686.504.59$36,489
Dec 20103855,74385.734.35$57,975
Nov 20101967,89180.843.80$45,794
Oct 201038210,49078.103.51$66,642
Sep 201057915,85772.633.98$105,155
Aug 201095623,44773.684.42$174,059
Jul 20101,33326,22172.554.74$220,905
Jun 20103,04941,92670.364.91$420,401
May 20105696,14771.124.24$66,501
Apr 2010053381.694.12$2,197
Mar 2010058278.394.39$2,554
Feb 2010057673.585.44$3,135
Jan 2010041874.365.96$2,493
Dec 2009018771.445.48$1,025
Nov 2009041474.593.75$1,553
Oct 2009035172.544.11$1,443
Sep 2009038665.543.06$1,183
Aug 2009041067.423.22$1,320
Jul 2009048761.133.46$1,687
Jun 2009042566.163.90$1,655
May 200919068754.743.93$13,098
Apr 2009015446.773.59$552
Mar 2009041042.144.06$1,664
Feb 2009013632.814.63$630
Jan 2009080135.865.37$4,302
Dec 2008017837.105.98$1,064
Nov 200808855.496.86$604
Oct 2008024475.246.92$1,689
Sep 200802101.767.88$16
Aug 20080172114.228.48$1,459
Jul 20080165131.0811.39$1,879
Jun 20080288131.3313.03$3,753
May 20080475123.1711.57$5,498
Apr 20080378110.3110.45$3,952
Mar 20080517101.909.66$4,996
Feb 2008068892.538.77$6,034
Jan 200818244290.388.21$20,076
Dec 2007016988.337.30$1,234
Nov 2007030691.677.29$2,231
Oct 2007029182.856.92$2,014
Sep 2007034175.846.24$2,129
Aug 20075081469.066.39$8,653
Jul 2007043670.906.39$2,785
Jun 2007080962.007.55$6,107
May 200721,68558.747.85$13,338
Apr 200711,12359.617.81$8,825
Mar 20071777556.927.30$10,622
Feb 2007074855.108.22$6,146
Jan 200731,39150.306.73$9,508
Dec 20061881,26656.656.92$19,409
Nov 20061092054.207.62$7,550
Oct 2006012454.906.01$746
Sep 2006010760.085.04$539
Aug 20060068.717.34$0
Jul 2006013669.376.34$863
Jun 2006014166.286.38$900
May 20060466.016.42$26
Apr 20060064.397.36$0
Mar 2006015456.707.08$1,091
Feb 2006027457.597.75$2,124
Jan 2006059660.598.93$5,324
Dec 2005131154.9413.42$4,227
Nov 2005026854.6910.59$2,838
Oct 200501,06358.3413.80$14,665
Sep 2005025861.4512.08$3,116
Aug 200517564461.519.80$17,073
Jul 2005091255.697.84$7,153
Jun 200522,88452.337.38$21,392
May 2005196445.226.65$6,457
Apr 2005034949.207.36$2,569
Mar 200517734550.377.15$11,384
Feb 20050045.226.31$0
Jan 2005018643.166.32$1,176
Dec 20040039.866.75$0
Nov 2004013445.286.33$848
Oct 2004033449.706.52$2,176
Sep 20040143.245.28$5
Aug 2004124242.375.55$1,386
Jul 2004018938.286.08$1,150
Jun 2004026336.106.43$1,692
May 200409037.486.49$585
Apr 200403034.475.86$176
Mar 2004152234.365.53$2,921
Feb 200403832.455.51$209
Jan 2004038532.036.30$2,425
Dec 20030130.266.30$6
Nov 2003137828.804.60$1,766
Oct 2003035928.174.76$1,709
Sep 200317943126.314.75$6,756
Aug 2003025929.765.13$1,329
Jul 2003132129.415.17$1,689
Jun 2003013028.565.98$778
May 2003015926.595.97$950
Apr 2003015726.675.41$849
Mar 2003020631.146.10$1,256
Feb 2003018333.487.93$1,450
Jan 2003024530.315.58$1,368
Dec 200206226.914.85$301
Nov 2002011124.664.14$459
Oct 2002023226.464.23$981
Sep 2002020127.443.64$731
Aug 2002026625.963.16$842
Jul 2002040524.583.06$1,240
Jun 2002019723.733.34$658
May 2002039324.663.58$1,409
Apr 200216715423.653.51$4,490
Mar 2002051822.003.10$1,607
Feb 2002030418.222.38$722
Jan 2002031017.172.38$736
Dec 2001032916.932.36$778
Nov 200107118.072.41$171
Oct 2001039519.782.53$999
Sep 20010024.262.25$0
Aug 200116730124.873.05$5,072
Jul 2001042023.933.20$1,343
Jun 2001028424.563.82$1,086
May 2001039325.524.31$1,693
Apr 2001050824.685.34$2,710
Mar 2001041524.545.38$2,231
Feb 200118049927.755.77$7,873
Jan 2001028227.478.40$2,368
Dec 2000042526.889.12$3,877
Nov 2000029832.215.66$1,686
Oct 2000069431.235.15$3,571
Sep 2000031131.875.19$1,613
Aug 2000067929.644.54$3,083
Jul 2000068228.534.09$2,789
Jun 2000064329.304.40$2,827
May 200016855327.263.68$6,615
Apr 2000084424.513.12$2,630
Mar 200001,05528.422.86$3,017
Feb 20001881,11027.622.73$8,219
Jan 200001,38825.272.48$3,443
Dec 199901,36724.282.42$3,313
Nov 199901,42323.192.43$3,464
Oct 199901,63620.982.80$4,587
Sep 199901,71221.752.62$4,483
Aug 19993261,62819.262.88$10,960
Jul 1999083717.892.37$1,986
Jun 1999062015.942.36$1,465
May 199901,81515.792.32$4,213
Apr 199901,86515.102.21$4,118
Mar 199901,89412.471.84$3,482
Feb 19991822,0699.981.82$5,577
Jan 199903,16510.381.90$6,013
Dec 199802,8559.201.77$5,063
Nov 199802,52710.892.19$5,523
Oct 19981802,63812.421.97$7,430
Sep 199802,58512.592.08$5,384
Aug 199802,84911.301.91$5,434
Jul 19983553,37711.742.24$11,723
Jun 199802,91411.242.24$6,519
May 199803,35112.622.21$7,393
Apr 199803,73113.042.51$9,347
Mar 199803,69512.802.31$8,533
Feb 19981843,78013.952.30$11,258
Jan 199804,50014.702.15$9,697
Dec 19973594,88816.322.41$17,644
Nov 199705,26818.193.09$16,269
Oct 199705,42619.253.15$17,091
Sep 199705,84417.742.95$17,268
Aug 19973426,32417.862.55$22,264
Jul 199707,15817.582.25$16,084
Jun 19971637,71717.242.26$20,229
May 19971578,85418.972.31$23,418
Apr 19971796,23417.882.08$16,185
Mar 19973649,29218.951.94$24,916
Feb 199718211,50120.492.21$29,099
Jan 199754514,44423.483.54$63,924
Dec 199637216,80623.32$8,675
Nov 199672319,45121.97$15,884
Oct 199635516,63823.31$8,275
Sep 199670216,70222.22$15,598
Aug 199653818,65320.26$10,900
Jul 199671220,68719.55$13,920
Jun 19961,06722,47018.73$19,985
May 199671126,18519.43$13,815
Apr 19961,08523,65221.51$23,338
Mar 199689832,55719.38$17,403
Feb 19961,25036,65216.98$21,225
Jan 19961,63746,22117.07$27,944
Dec 19951,99857,06317.19$34,346
Nov 19952,52568,57916.00$40,400
Oct 19953,37292,76315.43$52,030
Sep 19954,416124,05416.18$71,451
Aug 19955,983132,74715.92$95,249
Jul 199577216,89015.24$11,765

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                  923 Mcf  × $  3.05 =     $2,811

────────────────────────────────────────────────────
Month total                                   $2,811

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/157043 is the state's own key, not one this site invented.