LOESCH OL

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 157680District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Jan 1996 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
365
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 Gas111996-05-15134468
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
CondensateDisposition213 bbl$12,878
GasProduction2,102,540 Mcf$7,070,038
Total$7,082,916

402,605 Mcf of this lease's gas, across 11 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 30.2169, -96.3567. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.21691, -96.35668 · 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
18,000 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 18,000 ft.

Completions filed
Jan 1996
1 of 1 wells

1 well

42-477307961H18,000 ftJan 1996

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 (365)

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

365 months

May 202601,075106.413.05$3,274
Apr 202601,21698.932.87$3,490
Mar 2026050589.753.15$1,590
Feb 202601,18763.503.75$4,452
Jan 202601,65359.138.00$13,221
Dec 202501,59056.664.41$7,017
Nov 202501,54858.593.93$6,078
Oct 202501,62259.383.30$5,360
Sep 202501,65562.743.08$5,092
Aug 202501,61763.933.01$4,875
Jul 202501,45966.743.32$4,837
Jun 202501,64866.483.13$5,156
May 202501,77260.553.23$5,728
Apr 202501,89262.363.54$6,704
Mar 202502,07167.704.27$8,840
Feb 202501,80770.884.34$7,844
Jan 202512,03774.324.28$8,790
Dec 202402,03368.993.12$6,346
Nov 202401,93969.052.20$4,263
Oct 202401,78471.372.28$4,070
Sep 202402,39969.612.36$5,672
Aug 202402,30175.632.06$4,748
Jul 202402,42579.932.15$5,205
Jun 202402,53378.082.63$6,672
May 202403,12478.812.20$6,868
Apr 202402,11484.451.66$3,508
Mar 202401,87780.301.55$2,900
Feb 202401,88376.091.78$3,359
Jan 202402,13073.023.30$7,024
Dec 202301,99971.262.61$5,219
Nov 202302,14677.892.81$6,025
Oct 202302,13385.443.09$6,585
Sep 202302,05589.042.74$5,621
Aug 202302,13480.522.67$5,704
Jul 202302,19074.852.64$5,786
Jun 202302,19068.962.26$4,946
May 202302,22770.622.23$4,960
Apr 202302,17678.122.24$4,869
Mar 202302,23372.852.39$5,344
Feb 202302,02775.112.47$4,998
Jan 202302,25276.533.39$7,629
Dec 202202,24676.415.73$12,868
Nov 202202,19885.005.65$12,410
Oct 202202,23987.185.86$13,129
Sep 202202,19384.888.16$17,903
Aug 202202,37694.529.13$21,686
Jul 202202,518101.587.54$18,991
Jun 202202,414115.097.98$19,257
May 202202,575109.378.43$21,715
Apr 202202,669104.226.84$18,250
Mar 202202,828108.885.08$14,356
Feb 202202,54591.054.86$12,366
Jan 202202,78381.844.54$12,628
Dec 202103,03071.323.90$11,814
Nov 202103,01877.435.24$15,805
Oct 202103,74879.795.71$21,416
Sep 202103,53169.865.35$18,894
Aug 202101,75666.024.22$7,411
Jul 202102,28370.783.98$9,091
Jun 202103,59669.493.38$12,157
May 202102,13263.483.02$6,434
Apr 202102,93560.362.76$8,096
Mar 202103,12061.302.72$8,477
Feb 202102,67957.805.55$14,863
Jan 202102,62950.412.81$7,388
Dec 202003,10644.642.68$8,310
Nov 202001,96438.772.71$5,316
Oct 202003,37436.972.48$8,362
Sep 202002,14937.091.99$4,279
Aug 202003,14439.982.39$7,499
Jul 202002,07438.371.83$3,785
Jun 202003,18634.901.69$5,385
May 202002,21216.921.81$4,014
Apr 202003,66014.751.80$6,604
Mar 202002,37430.341.86$4,407
Feb 202001,58449.881.98$3,137
Jan 202002,08857.252.09$4,374
Dec 201903,20659.012.30$7,388
Nov 201902,12355.302.75$5,840
Oct 201902,99153.472.42$7,234
Sep 201901,90855.052.66$5,070
Aug 201903,25753.112.30$7,505
Jul 201902,06656.272.46$5,082
Jun 201903,11852.782.49$7,768
May 201902,11558.482.74$5,796
Apr 201903,13662.632.75$8,626
Mar 201903,13956.803.06$9,612
Feb 201901,53450.852.79$4,283
Jan 201902,09346.033.23$6,757
Dec 201803,19846.594.19$13,385
Nov 201803,29352.934.24$13,953
Oct 201801,87461.443.40$6,368
Sep 201802,67959.543.11$8,326
Aug 201802,68759.403.07$8,240
Jul 201803,21665.142.93$9,429
Jun 201802,12060.183.08$6,523
May 201803,54465.382.90$10,280
Apr 201801,60463.842.90$4,653
Mar 201802,03561.222.79$5,671
Feb 201803,29461.782.77$9,112
Jan 201802,22562.874.01$8,921
Dec 201701,51957.272.92$4,438
Nov 201701,72655.423.12$5,382
Oct 201702,27549.292.98$6,788
Sep 201703,10947.523.09$9,598
Aug 201702,93545.373.00$8,818
Jul 201703,35743.873.09$10,364
Jun 201702,37342.493.09$7,326
May 201703,17145.373.26$10,348
Apr 201702,96947.933.21$9,535
Mar 201702,58446.772.98$7,710
Feb 201702,54550.452.95$7,514
Jan 201702,44749.413.42$8,366
Dec 201603,15948.763.72$11,760
Nov 201603,11842.492.64$8,245
Oct 201602,52346.193.09$7,797
Sep 201603,42641.553.10$10,623
Aug 201602,81341.442.92$8,226
Jul 201602,91341.622.92$8,519
Jun 201603,07145.352.69$8,248
May 201602,36342.521.99$4,705
Apr 201603,15936.561.99$6,290
Mar 201603,14833.011.79$5,648
Feb 201602,56826.472.06$5,299
Jan 201603,29627.352.36$7,793
Dec 201503,26732.362.00$6,539
Nov 201503,21338.792.17$6,964
Oct 201503,00643.552.43$7,294
Sep 201502,90842.992.76$8,021
Aug 201503,19340.162.87$9,172
Jul 201503,27248.152.95$9,636
Jun 201503,15756.152.88$9,101
May 201503,24555.212.96$9,590
Apr 201503,19249.822.71$8,639
Mar 201503,00542.892.93$8,819
Feb 201503,01844.662.98$8,982
Jan 201503,36443.433.10$10,431
Dec 201403,26154.693.59$11,711
Nov 201403,27570.464.25$13,925
Oct 201403,33978.303.90$13,025
Sep 201403,23286.164.05$13,075
Aug 201403,36989.394.04$13,594
Jul 201403,31896.564.18$13,868
Jun 201403,24598.164.74$15,371
May 201403,39994.734.73$16,066
Apr 201403,28895.944.81$15,812
Mar 201403,36395.895.06$17,006
Feb 201403,14397.406.19$19,461
Jan 201403,33890.404.86$16,225
Dec 201303,42491.824.35$14,910
Nov 201303,33888.853.74$12,478
Oct 201303,55297.423.78$13,424
Sep 201303,643104.113.72$13,544
Aug 201303,331104.253.52$11,734
Jul 201303,731102.523.72$13,871
Jun 201303,03194.403.93$11,922
May 201303,55494.834.15$14,746
Apr 201303,38193.964.28$14,479
Mar 201303,40793.623.91$13,331
Feb 201303,51891.233.42$12,031
Jan 201303,56591.603.42$12,192
Dec 201203,49786.773.42$11,960
Nov 201203,44186.953.62$12,473
Oct 201203,55589.383.40$12,086
Sep 201203,15394.672.92$9,202
Aug 201203,88492.662.91$11,295
Jul 201203,71385.133.02$11,216
Jun 201203,48779.822.52$8,784
May 201203,47891.612.49$8,654
Apr 201203,649101.652.00$7,286
Mar 201203,898105.052.22$8,662
Feb 201203,404101.102.57$8,749
Jan 201203,96798.092.73$10,846
Dec 201103,60396.873.24$11,673
Nov 201103,56095.723.31$11,788
Oct 201103,76484.983.65$13,733
Sep 201103,67883.623.99$14,660
Aug 201103,51283.404.15$14,572
Jul 201104,32594.144.52$19,537
Jun 201104,21792.904.64$19,566
May 201103,03498.134.40$13,364
Apr 201103,661105.964.33$15,864
Mar 201103,38596.364.06$13,734
Feb 201103,14585.644.18$13,146
Jan 201103,32186.504.59$15,239
Dec 201003,93885.734.35$17,121
Nov 201003,44680.843.80$13,079
Oct 201003,36778.103.51$11,814
Sep 201003,01872.633.98$12,010
Aug 201003,14473.684.42$13,894
Jul 201003,33372.554.74$15,787
Jun 201003,19370.364.91$15,679
May 201003,19171.124.24$13,515
Apr 201002,99181.694.12$12,331
Mar 201003,84478.394.39$16,870
Feb 201003,00473.585.44$16,349
Jan 201004,26574.365.96$25,437
Dec 200904,27871.445.48$23,459
Nov 200904,72674.593.75$17,730
Oct 200903,85372.544.11$15,837
Sep 200903,93865.543.06$12,069
Aug 200903,88667.423.22$12,507
Jul 20092073,29561.133.46$24,069
Jun 200903,86566.163.90$15,054
May 200904,36754.743.93$17,144
Apr 200904,38046.773.59$15,713
Mar 200904,63142.144.06$18,797
Feb 200904,17332.814.63$19,334
Jan 200904,72735.865.37$25,389
Dec 200804,74037.105.98$28,332
Nov 200804,24955.496.86$29,150
Oct 200804,73975.246.92$32,803
Sep 200805,070101.767.88$39,937
Aug 200803,718114.228.48$31,540
Jul 200804,504131.0811.39$51,298
Jun 200804,379131.3313.03$57,070
May 200804,644123.1711.57$53,751
Apr 200804,964110.3110.45$51,898
Mar 200805,078101.909.66$49,074
Feb 200804,67792.538.77$41,020
Jan 200805,29290.388.21$43,425
Dec 200705,05488.337.30$36,904
Nov 200704,48291.677.29$32,681
Oct 200705,20482.856.92$36,022
Sep 200704,78575.846.24$29,878
Aug 200705,13269.066.39$32,783
Jul 200705,00670.906.39$31,978
Jun 200714,80062.007.55$36,295
May 200705,33258.747.85$41,836
Apr 200705,32759.617.81$41,578
Mar 200705,38656.927.30$39,328
Feb 200704,74855.108.22$39,010
Jan 200705,06650.306.73$34,078
Dec 200605,63756.656.92$38,999
Nov 200605,34454.207.62$40,708
Oct 200605,84654.906.01$35,157
Sep 200605,64060.085.04$28,410
Aug 200605,97968.717.34$43,885
Jul 200605,86669.376.34$37,207
Jun 200603,11766.286.38$19,899
May 200604,85766.016.42$31,206
Apr 200602,86964.397.36$21,117
Mar 200604,95556.707.08$35,096
Feb 200605,37757.597.75$41,678
Jan 200605,60260.598.93$50,044
Dec 200505,20054.9413.42$69,760
Nov 200504,75254.6910.59$50,316
Oct 200504,43058.3413.80$61,115
Sep 200505,73961.4512.08$69,321
Aug 200505,42761.519.80$53,167
Jul 200505,62555.697.84$44,120
Jun 200505,02852.337.38$37,112
May 200505,08745.226.65$33,834
Apr 200504,59249.207.36$33,799
Mar 200504,66950.377.15$33,406
Feb 200505,16045.226.31$32,570
Jan 200506,58443.166.32$41,625
Dec 200406,02639.866.75$40,682
Nov 200404,21245.286.33$26,664
Oct 200405,98749.706.52$39,006
Sep 200405,29543.245.28$27,978
Aug 200406,06142.375.55$33,643
Jul 200405,12538.286.08$31,181
Jun 200404,94636.106.43$31,818
May 200406,53937.486.49$42,468
Apr 200404,48234.475.86$26,258
Mar 200406,06634.365.53$33,546
Feb 200405,68632.455.51$31,328
Jan 200405,00232.036.30$31,511
Dec 200305,95830.266.30$37,545
Nov 200305,29928.804.60$24,350
Oct 200306,00428.174.76$28,577
Sep 200305,24126.314.75$24,891
Aug 200305,48729.765.13$28,147
Jul 200306,27029.415.17$32,421
Jun 200307,07528.565.98$42,329
May 200305,28026.595.97$31,536
Apr 200306,11126.675.41$33,044
Mar 200306,65831.146.10$40,587
Feb 200303,87933.487.93$30,744
Jan 200305,24030.315.58$29,250
Dec 200206,28126.914.85$30,486
Nov 200206,16024.664.14$25,484
Oct 200206,86526.464.23$29,033
Sep 200207,16327.443.64$26,039
Aug 200208,06825.963.16$25,528
Jul 200205,68224.583.06$17,397
Jun 200206,03323.733.34$20,140
May 200205,07224.663.58$18,178
Apr 200206,41923.653.51$22,546
Mar 200207,46422.003.10$23,159
Feb 200204,08518.222.38$9,705
Jan 200206,91317.172.38$16,423
Dec 200106,19116.932.36$14,638
Nov 200107,18818.072.41$17,291
Oct 200106,30819.782.53$15,952
Sep 200106,64424.262.25$14,958
Aug 200107,73924.873.05$23,628
Jul 200108,35523.933.20$26,712
Jun 200107,95824.563.82$30,433
May 200107,27825.524.31$31,349
Apr 200107,77224.685.34$41,466
Mar 200109,97724.545.38$53,641
Feb 200107,82727.755.77$45,139
Jan 200108,66427.478.40$72,767
Dec 200009,14026.889.12$83,380
Nov 200009,61732.215.66$54,413
Oct 200009,74331.235.15$50,133
Sep 200008,83831.875.19$45,838
Aug 2000010,52929.644.54$47,810
Jul 200008,45128.534.09$34,562
Jun 200009,47129.304.40$41,646
May 200009,97527.263.68$36,706
Apr 2000010,69424.513.12$33,323
Mar 2000010,39928.422.86$29,739
Feb 2000010,35627.622.73$28,236
Jan 2000010,81725.272.48$26,832
Dec 1999011,94324.282.42$28,946
Nov 1999011,84323.192.43$28,826
Oct 199909,45820.982.80$26,517
Sep 1999013,10521.752.62$34,320
Aug 199909,27419.262.88$26,668
Jul 1999010,09517.892.37$23,949
Jun 199908,20215.942.36$19,374
May 199909,10915.792.32$21,142
Apr 1999010,51415.102.21$23,215
Mar 1999010,35212.471.84$19,030
Feb 1999011,0359.981.82$20,059
Jan 199909,90410.381.90$18,817
Dec 1998012,1739.201.77$21,587
Nov 1998011,15510.892.19$24,382
Oct 1998012,09412.421.97$23,816
Sep 1998012,33412.592.08$25,687
Aug 1998012,85111.301.91$24,511
Jul 1998012,97411.742.24$29,026
Jun 1998013,84611.242.24$30,977
May 1998014,43412.622.21$31,846
Apr 1998014,81213.042.51$37,109
Mar 1998014,85012.802.31$34,295
Feb 1998013,65013.952.30$31,383
Jan 1998016,02614.702.15$34,533
Dec 1997013,71116.322.41$33,059
Nov 1997019,13918.193.09$59,106
Oct 1997020,85319.253.15$65,683
Sep 1997023,51017.742.95$69,469
Aug 1997030,91717.862.55$78,985
Jul 1997037,70617.582.25$84,723
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 1997013920.492.21$307
Jan 199729,39923.483.54$33,317
Dec 1996022,92323.32$0
Nov 1996022,82621.97$0
Oct 1996026,72923.31$0
Sep 1996128,25822.22$22
Aug 1996030,57120.26$0
Jul 1996032,12419.55$0
Jun 1996135,90118.73$19
May 1996038,60019.43$0
Apr 1996044,29021.51$0
Mar 1996053,84919.38$0
Feb 1996066,53416.98$0
Jan 19960017.07$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,075 Mcf  × $  3.05 =     $3,274

────────────────────────────────────────────────────
Month total                                   $3,274

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/157680 is the state's own key, not one this site invented.