JOHNSTON 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 157489District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.5 M
Sep 1995 – May 2026
Value, last 12 filed months
$133
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 Gas111996-04-17133826
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
CondensateDisposition95,624 bbl$2,890,825
GasProduction1,702,024 Mcf$5,610,544
Total$8,501,369

358,306 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 30.2531, -96.5877. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.25307, -96.58770 · 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
16,252 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 16,252 ft.

Completions filed
Sep 1995
1 of 1 wells

1 well

42-47730793116,252 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20252066.483.13$133
May 202518060.553.23$1,090
Apr 2025061362.363.54$2,172
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024031368.993.12$977
Nov 20241811,34569.052.20$15,455
Oct 202401,34871.372.28$3,075
Sep 202401,32669.612.36$3,135
Aug 202401,49275.632.06$3,079
Jul 20241851,48279.932.15$17,968
Jun 202401,30178.082.63$3,427
May 202401,52578.812.20$3,353
Apr 202401,48684.451.66$2,466
Mar 20241761,61380.301.55$16,625
Feb 202401,59976.091.78$2,852
Jan 202401,89573.023.30$6,249
Dec 202301,98671.262.61$5,185
Nov 202301,74977.892.81$4,910
Oct 20230085.443.09$0
Sep 20231089.042.74$89
Aug 202317693780.522.67$16,676
Jul 202321,21674.852.64$3,362
Jun 20231901,79468.962.26$17,154
May 202311,76070.622.23$3,991
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023028175.112.47$693
Jan 20231841,16576.533.39$18,028
Dec 202201,15176.415.73$6,594
Nov 202201,12485.005.65$6,346
Oct 202211,17487.185.86$6,971
Sep 20221891,14884.888.16$25,414
Aug 202201,16494.529.13$10,624
Jul 20220796101.587.54$6,004
Jun 20220898115.097.98$7,164
May 2022186913109.378.43$28,042
Apr 202201,018104.226.84$6,961
Mar 202201,101108.885.08$5,589
Feb 20221811,02691.054.86$21,465
Jan 202201,20481.844.54$5,463
Dec 202101,06471.323.90$4,149
Nov 2021073277.435.24$3,833
Oct 20211801,19279.795.71$21,173
Sep 2021086269.865.35$4,612
Aug 2021022566.024.22$950
Jul 2021092670.783.98$3,687
Jun 2021057769.493.38$1,951
May 20211951,23663.483.02$16,108
Apr 202101,23560.362.76$3,407
Mar 202101,24961.302.72$3,393
Feb 202101,15157.805.55$6,386
Jan 20211811,31950.412.81$12,831
Dec 202001,30644.642.68$3,494
Nov 202001,26738.772.71$3,429
Oct 202001,29936.972.48$3,219
Sep 20201771,27437.091.99$9,102
Aug 202001,34239.982.39$3,201
Jul 202001,35538.371.83$2,473
Jun 202001,31434.901.69$2,221
May 20201791,31516.921.81$5,415
Apr 202001,29614.751.80$2,338
Mar 202001,37730.341.86$2,556
Feb 202001,30949.881.98$2,593
Jan 20201761,42557.252.09$13,061
Dec 201901,41359.012.30$3,256
Nov 20191701,33455.302.75$13,070
Oct 201901,42453.472.42$3,444
Sep 201901,32555.052.66$3,521
Aug 201901,31953.112.30$3,039
Jul 20191741,47956.272.46$13,429
Jun 201901,36352.782.49$3,396
May 201901,30658.482.74$3,579
Apr 201901,10362.632.75$3,034
Mar 201918595156.803.06$13,420
Feb 201901,14050.852.79$3,183
Jan 201901,47346.033.23$4,755
Dec 20181841,51346.594.19$14,905
Nov 201801,44552.934.24$6,123
Oct 201801,50261.443.40$5,104
Sep 20181881,47659.543.11$15,781
Aug 201801,60359.403.07$4,916
Jul 201801,58865.142.93$4,656
Jun 20181771,14260.183.08$14,166
May 201801,50365.382.90$4,360
Apr 201801,18463.842.90$3,435
Mar 201801,55061.222.79$4,320
Feb 20181931,43761.782.77$15,898
Jan 201801,60262.874.01$6,423
Dec 201701,68957.272.92$4,934
Nov 20171901,64755.423.12$15,666
Oct 201701,70549.292.98$5,087
Sep 201701,93647.523.09$5,977
Aug 201701,28745.373.00$3,867
Jul 20171781,69443.873.09$13,039
Jun 201701,68642.493.09$5,205
May 201701,75945.373.26$5,740
Apr 20171911,71247.933.21$14,653
Mar 201701,79646.772.98$5,359
Feb 201701,64350.452.95$4,851
Jan 20171931,83249.413.42$15,799
Dec 201601,84648.763.72$6,872
Nov 201601,81242.492.64$4,792
Oct 20161801,87446.193.09$14,105
Sep 201601,61741.553.10$5,014
Aug 201601,67441.442.92$4,895
Jul 20161841,77341.622.92$12,843
Jun 201601,73345.352.69$4,655
May 201601,78142.521.99$3,546
Apr 20161891,74636.561.99$10,386
Mar 201601,84833.011.79$3,315
Feb 201601,76726.472.06$3,646
Jan 20161911,88227.352.36$9,674
Dec 201501,90032.362.00$3,803
Nov 201501,88638.792.17$4,088
Oct 20151891,98743.552.43$13,053
Sep 201501,94742.992.76$5,371
Aug 201502,03040.162.87$5,831
Jul 20151872,02248.152.95$14,959
Jun 201501,93356.152.88$5,573
May 20151912,04055.212.96$16,574
Apr 201502,00449.822.71$5,424
Mar 201502,08942.892.93$6,131
Feb 20151981,93344.662.98$14,596
Jan 201502,18743.433.10$6,781
Dec 201402,25954.693.59$8,113
Nov 20141952,31570.464.25$23,583
Oct 201402,42978.303.90$9,475
Sep 201402,63186.164.05$10,644
Aug 20141832,93089.394.04$28,181
Jul 20141042,83996.564.18$21,908
Jun 20140498.164.74$19
May 201409694.734.73$454
Apr 20140395.944.81$14
Mar 20140195.895.06$5
Feb 20140397.406.19$19
Jan 201457390.404.86$5,167
Dec 20130391.824.35$13
Nov 201301,57488.853.74$5,884
Oct 201302,23697.423.78$8,451
Sep 20131932,350104.113.72$28,830
Aug 201302,163104.253.52$7,619
Jul 20131932,181102.523.72$27,895
Jun 201302,13794.403.93$8,406
May 201302,35494.834.15$9,767
Apr 20131922,09493.964.28$27,008
Mar 201302,32893.623.91$9,109
Feb 20131931,96491.233.42$24,324
Jan 201302,36391.603.42$8,081
Dec 20121922,20186.773.42$24,188
Nov 201202,29686.953.62$8,323
Oct 201202,25689.383.40$7,670
Sep 20121922,24194.672.92$24,717
Aug 201202,37792.662.91$6,913
Jul 20121852,47585.133.02$23,226
Jun 201202,28879.822.52$5,764
May 201202,54491.612.49$6,330
Apr 20121942,268101.652.00$24,249
Mar 201202,667105.052.22$5,926
Feb 20121812,278101.102.57$24,154
Jan 20121962,70598.092.73$26,621
Dec 201102,32296.873.24$7,523
Nov 201102,40795.723.31$7,970
Oct 20111812,24484.983.65$23,569
Sep 201102,55983.623.99$10,200
Aug 20111912,36683.404.15$25,747
Jul 201102,60594.144.52$11,767
Jun 20111932,57592.904.64$29,877
May 201101,30098.134.40$5,726
Apr 20110949105.964.33$4,112
Mar 201102,73996.364.06$11,113
Feb 20111942,63285.644.18$27,616
Jan 201102,87886.504.59$13,207
Dec 20101902,95785.734.35$29,145
Nov 201002,86080.843.80$10,855
Oct 20101943,00878.103.51$25,706
Sep 201002,92872.633.98$11,652
Aug 20101912,80073.684.42$26,447
Jul 201002,85572.554.74$13,523
Jun 20101872,68670.364.91$26,347
May 201003,06871.124.24$12,994
Apr 20101922,94481.694.12$27,822
Mar 20101843,03978.394.39$27,761
Feb 201002,71073.585.44$14,749
Jan 20101803,05274.365.96$31,587
Dec 200903,05371.445.48$16,742
Nov 20091832,95074.593.75$24,717
Oct 20091693,10972.544.11$25,038
Sep 200902,78765.543.06$8,541
Aug 20091933,04867.423.22$22,822
Jul 200903,10561.133.46$10,757
Jun 20091913,05566.163.90$24,536
May 200903,19254.743.93$12,531
Apr 20091943,08646.773.59$20,144
Mar 20091943,15642.144.06$20,985
Feb 200902,90132.814.63$13,440
Jan 20091993,17135.865.37$24,168
Dec 200803,25837.105.98$19,474
Nov 20081953,16755.496.86$32,547
Oct 200803,35875.246.92$23,244
Sep 20081954,169101.767.88$52,683
Aug 20081934,602114.228.48$61,083
Jul 200803,275131.0811.39$37,300
Jun 20081933,363131.3313.03$69,175
May 200803,399123.1711.57$39,341
Apr 20081823,251110.3110.45$54,065
Mar 20081753,530101.909.66$51,947
Feb 20081963,31992.538.77$47,245
Jan 200803,18490.388.21$26,127
Dec 20071963,50788.337.30$42,921
Nov 20071743,43791.677.29$41,012
Oct 200703,61682.856.92$25,030
Sep 20071843,55175.846.24$36,128
Aug 20071923,74869.066.39$37,202
Jul 20071713,61470.906.39$35,210
Jun 200703,73162.007.55$28,163
May 20071943,79558.747.85$41,172
Apr 20072023,82159.617.81$41,865
Mar 20071903,38256.927.30$35,510
Feb 200703,63355.108.22$29,849
Jan 20072024,01350.306.73$37,155
Dec 20061944,02556.656.92$38,837
Nov 20061993,72254.207.62$39,138
Oct 200604,08254.906.01$24,548
Sep 20061984,00260.085.04$32,055
Aug 20061984,19668.717.34$44,403
Jul 20061984,23769.376.34$40,610
Jun 200604,06466.286.38$25,944
May 20061884,32066.016.42$40,166
Apr 20061964,23064.397.36$43,755
Mar 20061934,34856.707.08$41,740
Feb 20062043,90157.597.75$41,985
Jan 20062004,29560.598.93$50,487
Dec 20051874,47754.9413.42$70,335
Nov 20051934,39954.6910.59$57,134
Oct 20052014,63758.3413.80$75,697
Sep 20051964,19061.4512.08$62,655
Aug 20052004,75161.519.80$58,847
Jul 20051954,90655.697.84$49,340
Jun 200504,82552.337.38$35,614
May 20052005,04545.226.65$42,599
Apr 20051964,85149.207.36$45,349
Mar 20051995,16050.377.15$46,943
Feb 20052014,73945.226.31$39,001
Jan 20051995,25243.166.32$41,793
Dec 20043985,41739.866.75$52,435
Nov 20042005,41445.286.33$43,329
Oct 20041705,12749.706.52$41,852
Sep 20041864,79343.245.28$33,368
Aug 20041975,49442.375.55$38,842
Jul 20041955,82938.286.08$42,929
Jun 20041945,74036.106.43$43,929
May 20043935,84337.486.49$52,677
Apr 20041915,91934.475.86$41,260
Mar 20041975,82734.365.53$38,993
Feb 20041985,77432.455.51$38,238
Jan 20043986,42132.036.30$53,198
Dec 20033986,61030.266.30$53,697
Nov 20031976,64928.804.60$36,227
Oct 20031976,58628.174.76$36,896
Sep 20033896,59926.314.75$41,576
Aug 20033906,97529.765.13$47,386
Jul 20031957,23729.415.17$43,156
Jun 20033707,19828.565.98$53,633
May 20031867,49526.595.97$49,711
Apr 20033577,58626.675.41$50,541
Mar 20033717,93431.146.10$59,919
Feb 20035437,30333.487.93$76,062
Jan 20033658,34330.315.58$57,634
Dec 20023718,49826.914.85$51,231
Nov 20023378,39124.664.14$43,024
Oct 20023649,06326.464.23$47,960
Sep 20023759,12027.443.64$43,443
Aug 20025228,39225.963.16$40,105
Jul 20025479,53124.583.06$42,627
Jun 200254410,28423.733.34$47,240
May 200255211,01824.663.58$53,101
Apr 20025487,44523.653.51$39,109
Mar 20027448,26822.003.10$42,021
Feb 20025585,57718.222.38$23,416
Jan 200293712,54017.172.38$45,879
Dec 20011,32924,52716.932.36$80,492
Nov 20011911,47118.072.41$27,937
Oct 20010019.782.53$0
Sep 2001016424.262.25$369
Aug 200118073924.873.05$6,733
Jul 20011781,27123.933.20$8,323
Jun 200102,36924.563.82$9,059
May 20015515,75125.524.31$38,833
Apr 20017349,87524.685.34$70,801
Mar 20015615,02324.545.38$40,773
Feb 20013879,15827.755.77$63,554
Jan 20013562,98727.478.40$34,866
Dec 20007636,88026.889.12$83,272
Nov 20005719,05732.215.66$69,636
Oct 200076810,67731.235.15$78,923
Sep 200074910,66331.875.19$79,174
Aug 200074011,47029.644.54$74,016
Jul 20001,08612,64728.534.09$82,707
Jun 20001832,54329.304.40$16,544
May 20001843,46527.263.68$17,766
Apr 20001884,14024.513.12$17,508
Mar 20005514,84928.422.86$29,526
Feb 20005514,07627.622.73$26,332
Jan 20001804,51025.272.48$15,736
Dec 19993695,30124.282.42$21,807
Nov 19993626,88223.192.43$25,146
Oct 19993707,92020.982.80$29,968
Sep 19995377,97021.752.62$32,552
Aug 19997157,99519.262.88$36,761
Jul 19993578,58917.892.37$26,763
Jun 19997178,97715.942.36$32,634
May 19998218,80415.792.32$33,398
Apr 19993588,50915.102.21$24,194
Mar 19995398,68812.471.84$22,693
Feb 19997357,1269.981.82$20,289
Jan 19993627,11810.381.90$17,281
Dec 19987149,0299.201.77$22,580
Nov 19985239,52110.892.19$26,506
Oct 199853810,95312.421.97$28,251
Sep 199889810,63012.592.08$33,444
Aug 199871011,27311.301.91$29,525
Jul 199889811,86111.742.24$37,079
Jun 199871211,49911.242.24$33,729
May 199871412,13312.622.21$35,780
Apr 19981,07811,72813.042.51$43,440
Mar 199870812,22712.802.31$37,300
Feb 199872811,40713.952.30$36,382
Jan 19981,05312,50314.702.15$42,420
Dec 199754912,61016.322.41$39,364
Nov 19971,02712,52718.193.09$57,368
Oct 19971,08013,68019.253.15$63,880
Sep 199789013,28717.742.95$55,050
Aug 199789114,30217.862.55$52,451
Jul 19971,23016,14117.582.25$57,891
Jun 199786513,04517.242.26$44,358
May 19971,07813,25918.972.31$51,058
Apr 199772912,08617.882.08$38,207
Mar 19971,26715,91618.951.94$54,873
Feb 19971,08514,29020.492.21$53,754
Jan 19971,08916,58923.483.54$84,290
Dec 19961,45616,07823.32$33,954
Nov 19961,07818,16421.97$23,684
Oct 19961,40717,37923.31$32,797
Sep 19961801,98822.22$4,000
Aug 19965318,05320.26$10,758
Jul 19961,42724,04119.55$27,898
Jun 19961,43617,78618.73$26,896
May 199654010,59519.43$10,492
Apr 19961,61124,11021.51$34,653
Mar 19961,64428,62719.38$31,861
Feb 19961,80627,76216.98$30,666
Jan 19962,35334,52717.07$40,166
Dec 19952,89738,77417.19$49,799
Nov 19953,23043,30516.00$51,680
Oct 19953,33747,11715.43$51,490
Sep 19950016.18$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.

Jun 2025 — as filed, then multipliedworked
Condensate             2 bbl  × $ 66.48 =       $133
Gas                    0 Mcf  × $  3.13 =         $0

────────────────────────────────────────────────────
Month total                                     $133

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/157489 is the state's own key, not one this site invented.