LCRA/COA UNIT 6

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 157280District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Nov 1995 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
367
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 Gas111996-04-23133992
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
CondensateDisposition66,821 bbl$1,752,518
GasProduction2,140,726 Mcf$3,592,301
Total$5,344,820

1,147,473 Mcf of this lease's gas, across 14 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 29.9309, -96.7374. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.93089, -96.73743 · 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
12,649 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 12,649 ft.

Completions filed
Oct 2014
1 of 1 wells

1 well

42-149329876H12,649 ftOct 2014

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 (367)

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

367 months

May 20260585106.413.05$1,782
Apr 202601,05098.932.87$3,013
Mar 2026097189.753.15$3,058
Feb 20261771,12363.503.75$15,451
Jan 202601,07559.138.00$8,598
Dec 2025099456.664.41$4,387
Nov 2025263258.593.93$2,599
Oct 202501,49659.383.30$4,944
Sep 202517713662.743.08$11,523
Aug 2025061963.933.01$1,866
Jul 202501,11466.743.32$3,693
Jun 202501,04166.483.13$3,257
May 202501,11460.553.23$3,601
Apr 202517392162.363.54$14,051
Mar 202501,18167.704.27$5,041
Feb 20251822,11170.884.34$22,064
Jan 2025064274.324.28$2,747
Dec 202401,81768.993.12$5,672
Nov 2024069369.052.20$1,524
Oct 20241781,26971.372.28$15,599
Sep 202401,50769.612.36$3,563
Aug 20241771,30675.632.06$16,082
Jul 202401,45879.932.15$3,130
Jun 202401,23378.082.63$3,248
May 20241781,37878.812.20$17,058
Apr 202401,76384.451.66$2,925
Mar 20241811,60180.301.55$17,008
Feb 202411,28376.091.78$2,365
Jan 202401,77973.023.30$5,867
Dec 20231801,47571.262.61$16,678
Nov 202301,16877.892.81$3,279
Oct 202301,69485.443.09$5,230
Sep 20231771,52589.042.74$19,931
Aug 202302,02680.522.67$5,415
Jul 20231761,56674.852.64$17,311
Jun 202301,56968.962.26$3,544
May 20231782,03370.622.23$17,099
Apr 202301,40678.122.24$3,146
Mar 20231801,53572.852.39$16,787
Feb 202301,83975.112.47$4,534
Jan 202301,88476.533.39$6,382
Dec 20221701,12076.415.73$19,406
Nov 202212,04285.005.65$11,615
Oct 202201,46987.185.86$8,614
Sep 202201,57784.888.16$12,874
Aug 20221792,18294.529.13$36,835
Jul 202201,572101.587.54$11,856
Jun 202201,547115.097.98$12,341
May 20221771,863109.378.43$35,069
Apr 202201,198104.226.84$8,191
Mar 20221561,395108.885.08$24,067
Feb 202201,04591.054.86$5,077
Jan 202211,33881.844.54$6,153
Dec 202101,14271.323.90$4,453
Nov 202101,16277.435.24$6,085
Oct 202101,39579.795.71$7,971
Sep 20211781,31769.865.35$19,482
Aug 202101,10766.024.22$4,672
Jul 202101,60370.783.98$6,383
Jun 202101,32269.493.38$4,469
May 202101,66163.483.02$5,012
Apr 20211791,35060.362.76$14,528
Mar 202102,36261.302.72$6,417
Feb 202101,26657.805.55$7,024
Jan 20211821,73850.412.81$14,059
Dec 202002,64744.642.68$7,082
Nov 2020089138.772.71$2,412
Oct 2020193236.972.48$2,347
Sep 20201782,12137.091.99$10,825
Aug 202001,89339.982.39$4,515
Jul 202001,66838.371.83$3,044
Jun 202002,84334.901.69$4,806
May 20200216.921.81$4
Apr 2020891,77614.751.80$4,517
Mar 202018176630.341.86$6,913
Feb 202001,73949.881.98$3,444
Jan 202002,96557.252.09$6,211
Dec 20191842,03959.012.30$15,556
Nov 201901,84955.302.75$5,086
Oct 2019064453.472.42$1,558
Sep 20190055.052.66$0
Aug 201921,54253.112.30$3,660
Jul 20191821,52956.272.46$14,003
Jun 201901,56152.782.49$3,889
May 201911,56858.482.74$4,355
Apr 20191801,52662.632.75$15,471
Mar 201911,56956.803.06$4,861
Feb 201911,54250.852.79$4,356
Jan 20191851,66646.033.23$13,894
Dec 201811,70946.594.19$7,200
Nov 201811,77452.934.24$7,570
Oct 20181891,92861.443.40$18,164
Sep 201802,34759.543.11$7,294
Aug 20181823,87459.403.07$22,691
Jul 201813,95665.142.93$11,664
Jun 20181823,81760.183.08$22,697
May 20181814,09965.382.90$23,724
Apr 201812,41663.842.90$7,072
Mar 201801,52361.222.79$4,244
Feb 20181341,65161.782.77$12,845
Jan 2018049962.874.01$2,001
Dec 201717888557.272.92$12,780
Nov 2017093555.423.12$2,916
Oct 201701,03749.292.98$3,094
Sep 201701,05747.523.09$3,263
Aug 201701,15745.373.00$3,476
Jul 20171671,49943.873.09$11,954
Jun 201701,21842.493.09$3,760
May 201721,30645.373.26$4,353
Apr 20171751,36347.933.21$12,765
Mar 201701,54046.772.98$4,595
Feb 2017961,48350.452.95$9,222
Jan 20171811,43749.413.42$13,856
Dec 2016097748.763.72$3,637
Nov 201601,20442.492.64$3,184
Oct 201601,47146.193.09$4,546
Sep 20161761,06941.553.10$10,627
Aug 201601,51941.442.92$4,442
Jul 201601,31441.622.92$3,843
Jun 20161801,36745.352.69$11,835
May 201601,64042.521.99$3,265
Apr 201611,85136.561.99$3,722
Mar 20161871,25833.011.79$8,430
Feb 201601,16226.472.06$2,398
Jan 201602,05527.352.36$4,859
Dec 20151861,82632.362.00$9,674
Nov 201521,84338.792.17$4,072
Oct 20151822,10443.552.43$13,032
Sep 201502,24342.992.76$6,187
Aug 201512,19740.162.87$6,351
Jul 20151732,83848.152.95$16,688
Jun 20151822,20356.152.88$16,570
May 201503,16855.212.96$9,363
Apr 20151822,54449.822.71$15,953
Mar 20151792,73242.892.93$15,695
Feb 201533,17144.662.98$9,571
Jan 20151773,25243.433.10$17,770
Dec 20143655,35554.693.59$39,194
Nov 20141906,54070.464.25$41,194
Oct 201418040978.303.90$15,689
Sep 20143986.164.05$295
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140794.734.73$33
Apr 20140995.944.81$43
Mar 201402395.895.06$116
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201302102.523.72$7
Jun 20130194.403.93$4
May 20130794.834.15$29
Apr 201301093.964.28$43
Mar 201305093.623.91$196
Feb 201309991.233.42$339
Jan 2013036891.603.42$1,259
Dec 201201086.773.42$34
Nov 20120886.953.62$29
Oct 20120589.383.40$17
Sep 20120594.672.92$15
Aug 20120592.662.91$15
Jul 201205,15385.133.02$15,566
Jun 201205,15379.822.52$12,981
May 2012063891.612.49$1,588
Apr 201200101.652.00$0
Mar 2012079105.052.22$176
Feb 20120264101.102.57$679
Jan 201201,14698.092.73$3,133
Dec 201101,16596.873.24$3,774
Nov 2011026295.723.31$868
Oct 201105584.983.65$201
Sep 2011023183.623.99$921
Aug 2011010583.404.15$436
Jul 20110994.144.52$41
Jun 2011036092.904.64$1,670
May 201105798.134.40$251
Apr 20110176105.964.33$763
Mar 2011027796.364.06$1,124
Feb 201108085.644.18$334
Jan 2011020186.504.59$922
Dec 2010021785.734.35$943
Nov 20100780.843.80$27
Oct 2010022178.103.51$775
Sep 20100072.633.98$0
Aug 2010044373.684.42$1,958
Jul 2010032972.554.74$1,558
Jun 2010026270.364.91$1,287
May 2010028671.124.24$1,211
Apr 201018025781.694.12$15,764
Mar 2010032278.394.39$1,413
Feb 2010069773.585.44$3,793
Jan 2010072574.365.96$4,324
Dec 200901,16571.445.48$6,389
Nov 2009045274.593.75$1,696
Oct 200902,95872.544.11$12,158
Sep 20090065.543.06$0
Aug 2009018967.423.22$608
Jul 200901,25261.133.46$4,338
Jun 2009177466.163.90$3,081
May 200901,37054.743.93$5,378
Apr 20090046.773.59$0
Mar 20091802,05842.144.06$15,939
Feb 2009014332.814.63$663
Jan 200901,08835.865.37$5,844
Dec 200801,22837.105.98$7,340
Nov 200801,40455.496.86$9,632
Oct 200803,23675.246.92$22,400
Sep 20080320101.767.88$2,521
Aug 200800114.228.48$0
Jul 20080830131.0811.39$9,453
Jun 200801,513131.3313.03$19,718
May 20081871,122123.1711.57$36,019
Apr 200801,500110.3110.45$15,682
Mar 20080446101.909.66$4,310
Feb 200802,74992.538.77$24,110
Jan 200801,02190.388.21$8,378
Dec 200701,31588.337.30$9,602
Nov 200701,57791.677.29$11,499
Oct 200701,37682.856.92$9,525
Sep 20071909,30275.846.24$72,493
Aug 200702,65469.066.39$16,954
Jul 200702,09170.906.39$13,357
Jun 200701,64662.007.55$12,425
May 200701,62058.747.85$12,711
Apr 200701,70359.617.81$13,292
Mar 20071822,34456.927.30$27,475
Feb 200701,29655.108.22$10,648
Jan 2007060250.306.73$4,050
Dec 200602,26156.656.92$15,643
Nov 200601,60254.207.62$12,203
Oct 200602,36354.906.01$14,211
Sep 2006094660.085.04$4,765
Aug 20061691,95368.717.34$25,947
Jul 200601,88369.376.34$11,943
Jun 200601,80766.286.38$11,536
May 200602,41866.016.42$15,536
Apr 20061821,26764.397.36$21,045
Mar 200602,60556.707.08$18,451
Feb 200601,14757.597.75$8,891
Jan 200602,21360.598.93$19,769
Dec 20051862,35454.9413.42$41,799
Nov 200501,09154.6910.59$11,552
Oct 200502,16258.3413.80$29,826
Sep 200502,16561.4512.08$26,151
Aug 20051862,10761.519.80$32,083
Jul 200502,23855.697.84$17,554
Jun 200502,22452.337.38$16,415
May 20051842,39445.226.65$24,243
Apr 200502,34749.207.36$17,275
Mar 20051842,46950.377.15$26,933
Feb 200502,24545.226.31$14,170
Jan 20051822,53543.166.32$23,882
Dec 200402,47739.866.75$16,722
Nov 20041812,45445.286.33$23,731
Oct 200402,66349.706.52$17,350
Sep 20041872,44943.245.28$21,026
Aug 200402,52342.375.55$14,004
Jul 200402,25138.286.08$13,695
Jun 20041922,38736.106.43$22,287
May 200402,53537.486.49$16,464
Apr 20041882,57434.475.86$21,560
Mar 200402,46734.365.53$13,643
Feb 20041932,36632.455.51$19,299
Jan 20041902,42732.036.30$21,375
Dec 200302,77730.266.30$17,500
Nov 200302,59528.804.60$11,924
Oct 20031882,86028.174.76$18,909
Sep 200302,82526.314.75$13,417
Aug 20031882,86229.765.13$20,276
Jul 200303,13729.415.17$16,221
Jun 20031863,08928.565.98$23,794
May 200303,03126.595.97$18,103
Apr 200302,99526.675.41$16,195
Mar 20031923,36531.146.10$26,492
Feb 200302,67333.487.93$21,186
Jan 20031993,32830.315.58$24,609
Dec 200203,14026.914.85$15,241
Nov 20021953,30424.664.14$18,477
Oct 200203,07626.464.23$13,009
Sep 200203,08727.443.64$11,222
Aug 20021963,25025.963.16$15,372
Jul 200203,10724.583.06$9,513
Jun 200203,29123.733.34$10,986
May 20021923,24524.663.58$16,365
Apr 200203,16023.653.51$11,099
Mar 200203,57922.003.10$11,105
Feb 20021963,32218.222.38$11,463
Jan 200203,20217.172.38$7,607
Dec 20011973,69216.932.36$12,065
Nov 200103,52618.072.41$8,482
Oct 200103,88619.782.53$9,827
Sep 20011913,39124.262.25$12,268
Aug 200104,08724.873.05$12,478
Jul 200103,45023.933.20$11,030
Jun 200103,98024.563.82$15,220
May 200103,97825.524.31$17,135
Apr 20011973,87024.685.34$25,510
Mar 200104,36124.545.38$23,447
Feb 20011954,15627.755.77$29,379
Jan 200105,11327.478.40$42,943
Dec 20001945,41526.889.12$54,613
Nov 200003,82032.215.66$21,614
Oct 20001905,29131.235.15$33,159
Sep 200005,30131.875.19$27,494
Aug 200005,64629.644.54$25,637
Jul 20001885,27628.534.09$26,941
Jun 200005,22429.304.40$22,971
May 20001805,30227.263.68$24,417
Apr 200005,70524.513.12$17,777
Mar 20001846,28428.422.86$23,200
Feb 200005,08327.622.73$13,859
Jan 20001886,31025.272.48$20,403
Dec 199906,24124.282.42$15,126
Nov 19991855,92723.192.43$18,716
Oct 19991847,00520.982.80$23,500
Sep 199906,41121.752.62$16,789
Aug 199907,04419.262.88$20,256
Jul 19991866,87317.892.37$19,633
Jun 19991848,64215.942.36$23,346
May 199906,78915.792.32$15,757
Apr 19991797,52915.102.21$19,327
Mar 19991808,00712.471.84$16,964
Feb 19991796,1019.981.82$12,877
Jan 199905,26210.381.90$9,998
Dec 19983648,7269.201.77$18,823
Nov 19981858,33110.892.19$20,224
Oct 199808,23112.421.97$16,209
Sep 19981999,67112.592.08$22,646
Aug 19983958,37911.301.91$20,445
Jul 1998112,46911.742.24$27,908
Jun 19983569,14711.242.24$24,466
May 199819811,56512.622.21$28,015
Apr 199801,77413.042.51$4,444
Mar 199839111,70712.802.31$32,041
Feb 199819610,37513.952.30$26,588
Jan 199838911,76614.702.15$31,072
Dec 199739913,18416.322.41$38,300
Nov 199737513,04718.193.09$47,114
Oct 199739812,98419.253.15$48,559
Sep 199739116,61817.742.95$56,041
Aug 199758518,10517.862.55$56,702
Jul 199758719,74217.582.25$54,679
Jun 199758418,98617.242.26$52,923
May 199761521,26218.972.31$60,750
Apr 199759323,28917.882.08$59,109
Mar 199799425,71618.951.94$68,703
Feb 199760121,75820.492.21$60,310
Jan 199780425,15023.483.54$107,901
Dec 19961,00827,59423.32$23,507
Nov 19961,17328,77821.97$25,771
Oct 19961,18133,11623.31$27,529
Sep 19961,56836,38522.22$34,841
Aug 19961,55244,13520.26$31,444
Jul 19961,72252,50719.55$33,665
Jun 19962,12961,76918.73$39,876
May 19962,27164,49619.43$44,126
Apr 19962,50762,78321.51$53,926
Mar 19963,32787,96619.38$64,477
Feb 19963,878117,78216.98$65,848
Jan 19966,639189,40317.07$113,328
Dec 19959,924279,33517.19$170,594
Nov 19951,16061,42416.00$18,560

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                  585 Mcf  × $  3.05 =     $1,782

────────────────────────────────────────────────────
Month total                                   $1,782

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/157280 is the state's own key, not one this site invented.