HONDO UNIT

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

Gas lease lease 157677District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Dec 1995 – Aug 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
333
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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 Gas111996-06-10134491
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
CondensateDisposition30,200 bbl$748,821
GasProduction980,249 Mcf$1,850,042
Total$2,598,863

542,002 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 30.0289, -96.7011. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.02889, -96.70115 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
16,228 ft
1 wells filed one
Completion to plug
27.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 16,228 ft.

Completions filed
Dec 1995
1 of 1 wells
Plug dates filed
Jul 2023
1 of 1 wells

Last completion to plug: a median of 27.6 years across the 1 well that filed both dates, with the middle half between 27.6 years and 27.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14932992116,228 ftDec 1995Jul 2023Yes

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 (333)

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

333 months

Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015481343.433.10$2,125
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201408486.164.05$340
Aug 2014047889.394.04$1,929
Jul 201417959996.564.18$19,788
Jun 2014052898.164.74$2,501
May 2014082894.734.73$3,914
Apr 2014097995.944.81$4,708
Mar 2014017895.895.06$900
Feb 2014091697.406.19$5,672
Jan 2014081490.404.86$3,957
Dec 2013039791.824.35$1,729
Nov 2013019488.853.74$725
Oct 2013076397.423.78$2,884
Sep 2013052104.113.72$193
Aug 20130446104.253.52$1,571
Jul 20130223102.523.72$829
Jun 2013064194.403.93$2,521
May 2013093994.834.15$3,896
Apr 2013044993.964.28$1,923
Mar 201317712793.623.91$17,068
Feb 2013023191.233.42$790
Jan 2013023691.603.42$807
Dec 2012036286.773.42$1,238
Nov 2012059386.953.62$2,150
Oct 2012081889.383.40$2,781
Sep 2012053894.672.92$1,570
Aug 2012057492.662.91$1,669
Jul 2012063485.133.02$1,915
Jun 2012059879.822.52$1,506
May 2012054891.612.49$1,364
Apr 20120613101.652.00$1,224
Mar 20120501105.052.22$1,113
Feb 20120514101.102.57$1,321
Jan 2012058998.092.73$1,610
Dec 2011048896.873.24$1,581
Nov 2011065995.723.31$2,182
Oct 201118272084.983.65$18,093
Sep 2011067183.623.99$2,674
Aug 2011070483.404.15$2,921
Jul 2011071094.144.52$3,207
Jun 2011070292.904.64$3,257
May 2011075098.134.40$3,304
Apr 20110796105.964.33$3,449
Mar 2011072596.364.06$2,942
Feb 2011075285.644.18$3,143
Jan 201101,03086.504.59$4,726
Dec 201019576885.734.35$20,056
Nov 201001,05280.843.80$3,993
Oct 201001,07578.103.51$3,772
Sep 201001,20572.633.98$4,795
Aug 2010099073.684.42$4,375
Jul 2010081272.554.74$3,846
Jun 2010023870.364.91$1,169
May 2010062771.124.24$2,655
Apr 2010069181.694.12$2,849
Mar 2010072978.394.39$3,199
Feb 2010065673.585.44$3,570
Jan 2010074774.365.96$4,455
Dec 2009074671.445.48$4,091
Nov 200919474474.593.75$17,262
Oct 2009078872.544.11$3,239
Sep 2009078765.543.06$2,412
Aug 2009082667.423.22$2,658
Jul 2009075361.133.46$2,609
Jun 2009089166.163.90$3,470
May 2009076754.743.93$3,011
Apr 2009076846.773.59$2,755
Mar 2009083842.144.06$3,401
Feb 2009076032.814.63$3,521
Jan 2009089235.865.37$4,791
Dec 2008094937.105.98$5,672
Nov 200819499855.496.86$17,612
Oct 200801,20475.246.92$8,334
Sep 20080805101.767.88$6,341
Aug 20080941114.228.48$7,983
Jul 20080884131.0811.39$10,068
Jun 20080951131.3313.03$12,394
May 20080788123.1711.57$9,121
Apr 20080960110.3110.45$10,037
Mar 20080967101.909.66$9,345
Feb 20081961,06392.538.77$27,459
Jan 200801,15690.388.21$9,486
Dec 200701,17588.337.30$8,580
Nov 200701,04591.677.29$7,620
Oct 200701,25382.856.92$8,673
Sep 200701,21775.846.24$7,599
Aug 200701,20469.066.39$7,691
Jul 200711,26970.906.39$8,177
Jun 20071831,21262.007.55$20,495
May 200721,33958.747.85$10,624
Apr 200721,27659.617.81$10,079
Mar 200721,42856.927.30$10,541
Feb 200701,22855.108.22$10,089
Jan 200711,37450.306.73$9,293
Dec 20061861,44756.656.92$20,548
Nov 200621,54354.207.62$11,862
Oct 200631,64154.906.01$10,033
Sep 200621,50660.085.04$7,706
Aug 200611,76868.717.34$13,046
Jul 20061781,85469.376.34$24,107
Jun 200643,05766.286.38$19,781
May 200652,43766.016.42$15,988
Apr 200619098164.397.36$19,455
Mar 200611,33756.707.08$9,527
Feb 200621,60657.597.75$12,563
Jan 200641,68360.598.93$15,277
Dec 200511,84354.9413.42$24,780
Nov 20051841,79454.6910.59$29,059
Oct 200501,68858.3413.80$23,287
Sep 200521,54261.4512.08$18,749
Aug 200522,27761.519.80$22,430
Jul 20051761,40855.697.84$20,845
Jun 200511,46952.337.38$10,895
May 200521,72245.226.65$11,544
Apr 20051711,44549.207.36$19,049
Mar 200531,72250.377.15$12,472
Feb 200521,52645.226.31$9,722
Jan 20051711,58143.166.32$17,376
Dec 200421,06639.866.75$7,276
Nov 200421,80845.286.33$11,536
Oct 20041522,06149.706.52$20,982
Sep 200412,14443.245.28$11,372
Aug 20041782,41442.375.55$20,941
Jul 200411,92938.286.08$11,775
Jun 200451,99536.106.43$13,014
May 20041852,49037.486.49$23,105
Apr 20041832,54834.475.86$21,235
Mar 200422,45734.365.53$13,656
Feb 20041822,34232.455.51$18,809
Jan 20041852,94032.036.30$24,446
Dec 200323,22130.266.30$20,358
Nov 20033603,03028.804.60$24,291
Oct 200322,59628.174.76$12,412
Sep 200332,95626.314.75$14,118
Aug 20031753,65129.765.13$23,937
Jul 20031584,54429.415.17$28,143
Jun 20033694,47428.565.98$37,306
May 20032008,41526.595.97$55,578
Apr 20031892,06026.675.41$16,180
Mar 200301,06931.146.10$6,517
Feb 200301,30433.487.93$10,335
Jan 200309,02630.315.58$50,383
Dec 20021827,98226.914.85$43,640
Nov 200201,47824.664.14$6,114
Oct 200201,01626.464.23$4,297
Sep 200205327.443.64$193
Aug 200201,18025.963.16$3,734
Jul 2002042224.583.06$1,292
Jun 200202,30723.733.34$7,701
May 200201,13124.663.58$4,054
Apr 2002054023.653.51$1,897
Mar 200201,24722.003.10$3,869
Feb 200201,30218.222.38$3,093
Jan 2002082717.172.38$1,965
Dec 200116737116.932.36$3,705
Nov 2001086518.072.41$2,081
Oct 200104,89619.782.53$12,381
Sep 2001051224.262.25$1,153
Aug 2001089824.873.05$2,742
Jul 200101,08223.933.20$3,459
Jun 2001085524.563.82$3,270
May 2001082425.524.31$3,549
Apr 20011181,57724.685.34$11,326
Mar 2001069024.545.38$3,710
Feb 2001523827.755.77$1,511
Jan 200118713627.478.40$6,279
Dec 2000088726.889.12$8,092
Nov 200001,01932.215.66$5,766
Oct 200001,30031.235.15$6,689
Sep 20001871,54631.875.19$13,978
Aug 200004,17329.644.54$18,949
Jul 200002,11028.534.09$8,629
Jun 200005,05129.304.40$22,211
May 20001772,88227.263.68$15,430
Apr 200004,39424.513.12$13,692
Mar 20001801,73128.422.86$10,066
Feb 200002,89027.622.73$7,880
Jan 200002,08225.272.48$5,164
Dec 19991893,80624.282.42$13,814
Nov 199902,49123.192.43$6,063
Oct 199903,02620.982.80$8,484
Sep 19991802,76821.752.62$11,164
Aug 19991835,18619.262.88$18,437
Jul 19991908,46717.892.37$23,486
Jun 199904215.942.36$99
May 1999014215.792.32$330
Apr 1999032915.102.21$726
Mar 1999017812.471.84$327
Feb 199901039.981.82$187
Jan 1999023210.381.90$441
Dec 19980209.201.77$35
Nov 199801,24010.892.19$2,710
Oct 19983663,68812.421.97$11,808
Sep 199809,72112.592.08$20,245
Aug 19980011.301.91$0
Jul 199802,16311.742.24$4,839
Jun 199803,71411.242.24$8,309
May 19983726,33512.622.21$18,672
Apr 199804,24013.042.51$10,623
Mar 199804,46912.802.31$10,321
Feb 19983645,44913.952.30$17,606
Jan 19981827,23714.702.15$18,270
Dec 199709,03516.322.41$21,784
Nov 19971839,76518.193.09$33,486
Oct 199704,92219.253.15$15,503
Sep 19973675,90917.742.95$23,971
Aug 199707,91517.862.55$20,221
Jul 19971828,35817.582.25$21,979
Jun 199735910,28117.242.26$29,395
May 199715713,11518.972.31$33,254
Apr 19973649,12917.882.08$25,522
Mar 19971819,96018.951.94$22,744
Feb 199736811,54620.492.21$33,010
Jan 199755315,81523.483.54$68,965
Dec 199655318,98823.32$12,896
Nov 199673520,35221.97$16,148
Oct 199654922,07623.31$12,797
Sep 199691630,13022.22$20,354
Aug 199656215,77220.26$11,386
Jul 199672120,45319.55$14,096
Jun 199673323,09618.73$13,729
May 19961,11931,81019.43$21,742
Apr 199692132,35021.51$19,811
Mar 19961,85951,30319.38$36,027
Feb 19961,67356,37916.98$28,408
Jan 19962,96484,58317.07$50,595
Dec 19955,567134,71017.19$95,697

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.

Jan 2015 — as filed, then multipliedworked
Condensate            48 bbl  × $ 43.43 =     $2,085
Gas                   13 Mcf  × $  3.10 =        $40

────────────────────────────────────────────────────
Month total                                   $2,125

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/157677 is the state's own key, not one this site invented.