POOL

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 157493District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.5 M
Dec 1995 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
366
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 Gas111996-05-09134398
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
CondensateDisposition142,851 bbl$3,260,169
GasProduction6,032,368 Mcf$11,233,874
Total$14,494,043

2,845,059 Mcf of this lease's gas, across 13 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 30.5647, -96.0745. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.56467, -96.07448 · 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
15,737 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 15,737 ft.

Completions filed
Dec 1995
1 of 1 wells

1 well

42-185305491H15,737 ftDec 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 (366)

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

366 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 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20241842775.632.06$13,972
Jul 202408979.932.15$191
Jun 20240078.082.63$0
May 202405178.812.20$112
Apr 202401284.451.66$20
Mar 20240980.301.55$14
Feb 2024010676.091.78$189
Jan 202402273.023.30$73
Dec 2023019271.262.61$501
Nov 2023042677.892.81$1,196
Oct 2023074985.443.09$2,312
Sep 2023058689.042.74$1,603
Aug 2023045880.522.67$1,224
Jul 20230074.852.64$0
Jun 2023073268.962.26$1,653
May 202361,05170.622.23$2,765
Apr 202301,02378.122.24$2,289
Mar 202321,14172.852.39$2,876
Feb 202341,11575.112.47$3,050
Jan 2023082876.533.39$2,805
Dec 202231,41976.415.73$8,359
Nov 202219699085.005.65$22,250
Oct 202221,31587.185.86$7,885
Sep 202201,67384.888.16$13,658
Aug 202201,10694.529.13$10,095
Jul 20220759101.587.54$5,724
Jun 2022039115.097.98$311
May 20220839109.378.43$7,075
Apr 20222985104.226.84$6,943
Mar 202201,611108.885.08$8,178
Feb 2022169591.054.86$3,468
Jan 2022399481.844.54$4,756
Dec 2021295271.323.90$3,855
Nov 2021146677.435.24$2,518
Oct 2021079079.795.71$4,514
Sep 202101,27869.865.35$6,838
Aug 202118183366.024.22$15,465
Jul 202101,33670.783.98$5,320
Jun 202101,08469.493.38$3,665
May 2021094663.483.02$2,855
Apr 202101,39560.362.76$3,848
Mar 2021054161.302.72$1,470
Feb 202101,05757.805.55$5,864
Jan 202101,26650.412.81$3,558
Dec 2020067244.642.68$1,798
Nov 202019572838.772.71$9,531
Oct 202001,12436.972.48$2,786
Sep 2020064037.091.99$1,274
Aug 202001,41239.982.39$3,368
Jul 202001,43038.371.83$2,610
Jun 2020045434.901.69$767
May 202001,42816.921.81$2,591
Apr 202001,38814.751.80$2,504
Mar 202001,33530.341.86$2,478
Feb 202018568749.881.98$10,589
Jan 202001,19757.252.09$2,507
Dec 201901,22559.012.30$2,823
Nov 2019095255.302.75$2,619
Oct 201902,16053.472.42$5,224
Sep 201902,86855.052.66$7,621
Aug 20190053.112.30$0
Jul 201979656.272.46$4,460
Jun 201903452.782.49$85
May 201901958.482.74$52
Apr 201901662.632.75$44
Mar 201901,65956.803.06$5,080
Feb 2019059750.852.79$1,667
Jan 201902,39946.033.23$7,744
Dec 201801,19446.594.19$4,997
Nov 20182493,00352.934.24$25,904
Oct 2018031361.443.40$1,064
Sep 20181059.543.11$60
Aug 201802,32259.403.07$7,121
Jul 201802,12665.142.93$6,233
Jun 201801,89960.183.08$5,843
May 20180265.382.90$6
Apr 201801,37163.842.90$3,977
Mar 2018077861.222.79$2,168
Feb 201801,66261.782.77$4,597
Jan 201801,24662.874.01$4,996
Dec 20171881,18157.272.92$14,217
Nov 201701,88755.423.12$5,884
Oct 201701,83049.292.98$5,460
Sep 201701,19947.523.09$3,702
Aug 2017096745.373.00$2,905
Jul 201703,03143.873.09$9,358
Jun 201701,66842.493.09$5,150
May 2017661,68145.373.26$8,480
Apr 201701,85947.933.21$5,970
Mar 201703,70846.772.98$11,063
Feb 2017072450.452.95$2,138
Jan 201701,04049.413.42$3,556
Dec 201601,56248.763.72$5,815
Nov 2016098242.492.64$2,597
Oct 20161791,59546.193.09$13,197
Sep 201601,30241.553.10$4,037
Aug 201602,21841.442.92$6,486
Jul 201602,82241.622.92$8,252
Jun 201601,15345.352.69$3,097
May 201618784742.521.99$9,638
Apr 2016086336.561.99$1,718
Mar 201601,37233.011.79$2,461
Feb 201601,06226.472.06$2,192
Jan 201601,48627.352.36$3,513
Dec 201501,51632.362.00$3,034
Nov 201501,54838.792.17$3,355
Oct 201501543.552.43$36
Sep 2015028042.992.76$772
Aug 201501,41640.162.87$4,067
Jul 201501,73148.152.95$5,098
Jun 2015049956.152.88$1,439
May 201501,62155.212.96$4,791
Apr 201501,73849.822.71$4,704
Mar 2015086042.892.93$2,524
Feb 201502,00244.662.98$5,958
Jan 201519485543.433.10$11,076
Dec 201401,38854.693.59$4,985
Nov 2014066370.464.25$2,819
Oct 2014093778.303.90$3,655
Sep 201401,43386.164.05$5,797
Aug 201401,57189.394.04$6,339
Jul 201402,29296.564.18$9,580
Jun 2014067298.164.74$3,183
May 201401,43494.734.73$6,778
Apr 20141892,09395.944.81$28,198
Mar 201401,74795.895.06$8,834
Feb 201402,74497.406.19$16,991
Jan 201401,58290.404.86$7,690
Dec 201301,45991.824.35$6,353
Nov 201301,43688.853.74$5,368
Oct 20131782,05597.423.78$25,107
Sep 201303,083104.113.72$11,462
Aug 201302,342104.253.52$8,250
Jul 201301,467102.523.72$5,454
Jun 201302,73994.403.93$10,774
May 201303,59994.834.15$14,933
Apr 201301,45293.964.28$6,218
Mar 20131983,09093.623.91$30,628
Feb 2013099891.233.42$3,413
Jan 201303,16991.603.42$10,838
Dec 201201,79386.773.42$6,132
Nov 201202,58786.953.62$9,378
Oct 201202,09789.383.40$7,129
Sep 20121812,51994.672.92$24,487
Aug 201202,52492.662.91$7,340
Jul 201201,79785.133.02$5,428
Jun 201202,34279.822.52$5,900
May 20121783,86891.612.49$25,931
Apr 201203,075101.652.00$6,140
Mar 201202,585105.052.22$5,744
Feb 20121963,008101.102.57$27,547
Jan 201203,55198.092.73$9,709
Dec 201103,76496.873.24$12,194
Nov 201102,95195.723.31$9,772
Oct 20111993,45784.983.65$29,524
Sep 201104,23783.623.99$16,888
Aug 201105,56683.404.15$23,095
Jul 20111905,69694.144.52$43,617
Jun 201105,65692.904.64$26,243
May 20111736,56598.134.40$45,894
Apr 20111946,459105.964.33$48,545
Mar 201107,87096.364.06$31,931
Feb 20111877,08985.644.18$45,647
Jan 201108,45886.504.59$38,812
Dec 20101828,05185.734.35$50,607
Nov 201006,69080.843.80$25,391
Oct 201005,06878.103.51$17,783
Sep 20101912,49572.633.98$23,801
Aug 201003,32873.684.42$14,708
Jul 201002,94572.554.74$13,949
Jun 201003,00770.364.91$14,766
May 201003,59071.124.24$15,204
Apr 201003,08281.694.12$12,706
Mar 20101753,75478.394.39$30,193
Feb 201003,62473.585.44$19,723
Jan 201002,59774.365.96$15,489
Dec 20091954,51971.445.48$38,712
Nov 200903,61174.593.75$13,547
Oct 200903,31072.544.11$13,605
Sep 200903,56565.543.06$10,926
Aug 200903,28867.423.22$10,582
Jul 2009303,07761.133.46$12,494
Jun 200903,14366.163.90$12,242
May 20092314,47254.743.93$30,201
Apr 200904,37146.773.59$15,681
Mar 2009224,43142.144.06$18,913
Feb 2009104,30432.814.63$20,269
Jan 20092124,34435.865.37$30,934
Dec 2008114,21037.105.98$25,572
Nov 200804,04355.496.86$27,736
Oct 2008103,58675.246.92$25,575
Sep 20081044,131101.767.88$43,123
Aug 200874,385114.228.48$37,998
Jul 20081374,725131.0811.39$71,773
Jun 200884,714131.3313.03$62,486
May 20082164,328123.1711.57$76,698
Apr 200803,936110.3110.45$41,150
Mar 200884,126101.909.66$40,689
Feb 2008133,38992.538.77$30,926
Jan 200893,44590.388.21$29,082
Dec 200743,67488.337.30$27,181
Nov 20071563,02391.677.29$36,343
Oct 200733,21282.856.92$22,482
Sep 200774,80175.846.24$30,509
Aug 2007984,46469.066.39$35,284
Jul 20071904,59570.906.39$42,824
Jun 200724,46862.007.55$33,850
May 200733,13358.747.85$24,759
Apr 20073124,62259.617.81$54,674
Mar 200704,69356.927.30$34,268
Feb 200724,38755.108.22$36,154
Jan 200734,64050.306.73$31,363
Dec 20061754,20456.656.92$38,999
Nov 2006854,19354.207.62$36,547
Oct 200605,26554.906.01$31,663
Sep 2006114,08060.085.04$21,213
Aug 2006534,21868.717.34$34,601
Jul 20061784,18569.376.34$38,892
Jun 200675,29966.286.38$34,292
May 20061244,15666.016.42$34,888
Apr 20061535,49564.397.36$50,298
Mar 20062156,01756.707.08$54,808
Feb 2006256,89257.597.75$54,860
Jan 200605,38660.598.93$48,115
Dec 20052156,62654.9413.42$100,703
Nov 200557,46454.6910.59$79,305
Oct 20051805,42958.3413.80$85,398
Sep 200505,02761.4512.08$60,721
Aug 200506,01561.519.80$58,928
Jul 200509,20355.697.84$72,185
Jun 200512,92752.337.38$21,657
May 20052136,69745.226.65$54,175
Apr 20052137,01949.207.36$62,143
Mar 2005108,59650.377.15$62,007
Feb 20051987,36245.226.31$55,422
Jan 200556,19343.166.32$39,369
Dec 20041694,90039.866.75$39,817
Nov 200452,70445.286.33$17,344
Oct 200486,36649.706.52$41,873
Sep 20042087,98043.245.28$51,159
Aug 200405,60242.375.55$31,095
Jul 200477,47538.286.08$45,747
Jun 20042044,84136.106.43$38,507
May 200408,99137.486.49$58,393
Apr 20041877,54834.475.86$50,666
Mar 2004010,34234.365.53$57,193
Feb 20041857,84432.455.51$49,221
Jan 200420012,02832.036.30$82,178
Dec 200308,50630.266.30$53,602
Nov 2003010,01028.804.60$45,998
Oct 200319811,37128.174.76$59,700
Sep 2003011,84626.314.75$56,261
Aug 200315711,32929.765.13$62,787
Jul 200319712,38629.415.17$69,840
Jun 200318611,84128.565.98$76,156
May 2003011,37626.595.97$67,945
Apr 200318210,31526.675.41$60,630
Mar 200317012,66931.146.10$82,525
Feb 200318214,00733.487.93$117,111
Jan 200318217,76930.315.58$104,704
Dec 200218314,32826.914.85$74,469
Nov 200207,82524.664.14$32,372
Oct 20021848,30026.464.23$39,970
Sep 20021828,13827.443.64$34,577
Aug 20021788,78125.963.16$32,405
Jul 2002010,17324.583.06$31,147
Jun 20021838,46223.733.34$32,591
May 200217711,91624.663.58$47,072
Apr 200217811,19723.653.51$43,537
Mar 200218011,77822.003.10$40,504
Feb 200218210,66118.222.38$28,643
Jan 200218412,15317.172.38$32,031
Dec 200136013,02216.932.36$36,884
Nov 2001014,69718.072.41$35,354
Oct 200136215,39419.782.53$46,090
Sep 200136014,06924.262.25$40,407
Aug 200117913,43924.873.05$45,483
Jul 200136116,02623.933.20$59,875
Jun 200118016,92124.563.82$69,129
May 200135917,77725.524.31$85,733
Apr 200117416,70524.685.34$93,421
Mar 200136216,08324.545.38$95,353
Feb 200135617,24127.755.77$109,309
Jan 200118515,92327.478.40$138,815
Dec 200054319,69826.889.12$194,291
Nov 200036921,81632.215.66$135,320
Oct 200036222,11731.235.15$125,108
Sep 200053922,26031.875.19$132,629
Aug 200035722,81729.644.54$114,188
Jul 200017722,71728.534.09$97,957
Jun 200053022,04029.304.40$112,444
May 200050624,73127.263.68$104,797
Apr 200054023,91024.513.12$87,739
Mar 200053323,58828.422.86$82,604
Feb 200036619,61227.622.73$63,581
Jan 200036316,87925.272.48$51,041
Dec 199971527,59224.282.42$84,235
Nov 199954716,93723.192.43$53,909
Oct 199952722,63020.982.80$74,504
Sep 199953026,47321.752.62$80,856
Aug 199970930,89319.262.88$102,491
Jul 199954525,86117.892.37$71,102
Jun 199952926,61715.942.36$71,304
May 199989034,25715.792.32$93,564
Apr 199970934,42915.102.21$86,727
Mar 199971937,04212.471.84$77,061
Feb 199971931,3059.981.82$64,082
Jan 199970938,07210.381.90$79,694
Dec 19981,07339,9399.201.77$80,696
Nov 199868141,43410.892.19$97,979
Oct 199871738,16512.421.97$84,060
Sep 199887437,55012.592.08$89,206
Aug 199869440,23711.301.91$84,588
Jul 19981,04248,62011.742.24$121,009
Jun 19981,05443,20311.242.24$108,504
May 199890250,39012.622.21$122,561
Apr 19981,07453,71013.042.51$148,566
Mar 19981,06254,67112.802.31$139,853
Feb 19981,09149,28413.952.30$128,530
Jan 199888336,73814.702.15$92,143
Dec 19971,28456,80816.322.41$157,925
Nov 19971,28061,54018.193.09$213,335
Oct 19971,25539,00619.253.15$147,021
Sep 199771440,63617.742.95$132,741
Aug 19971,60854,80317.862.55$168,726
Jul 19971,41859,26517.582.25$158,093
Jun 19971,71370,51817.242.26$188,705
May 19972,49981,13918.972.31$234,715
Apr 19972,19391,81417.882.08$230,439
Mar 19972,842105,80818.951.94$259,032
Feb 19972,248108,04620.492.21$284,400
Jan 19973,409126,88223.483.54$529,168
Dec 19963,815143,71423.32$88,966
Nov 19965,855151,62121.97$128,634
Oct 19964,979151,14923.31$116,060
Sep 19965,393150,71422.22$119,832
Aug 19965,195161,66620.26$105,251
Jul 19965,828186,65719.55$113,937
Jun 199655940,84118.73$10,470
May 19968,110283,88619.43$157,577
Apr 19968,198312,46821.51$176,339
Mar 19969,805351,14919.38$190,021
Feb 19969,504352,52116.98$161,378
Jan 19969,977416,18217.07$170,307
Dec 19952,524142,49117.19$43,388

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.

Aug 2024 — as filed, then multipliedworked
Condensate           184 bbl  × $ 75.63 =    $13,916
Gas                   27 Mcf  × $  2.06 =        $56

────────────────────────────────────────────────────
Month total                                  $13,972

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/157493 is the state's own key, not one this site invented.