PIEDMONT

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 157698District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
Nov 1995 – Jan 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
339
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 Gas111996-05-08133975
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
CondensateDisposition173,057 bbl$3,340,266
GasProduction4,652,517 Mcf$5,413,629
Total$8,753,895

2,813,158 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 30.5258, -96.0927. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.52584, -96.09274 · 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
14,593 ft
1 wells filed one
Completion to plug
28.2 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 14,593 ft.

Completions filed
Nov 1995
1 of 1 wells
Plug dates filed
Jan 2024
1 of 1 wells

Last completion to plug: a median of 28.2 years across the 1 well that filed both dates, with the middle half between 28.2 years and 28.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-185305461H14,593 ftNov 1995Jan 2024Yes

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 (339)

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

339 months

Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
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 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
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 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201203686.773.42$123
Nov 2012024186.953.62$874
Oct 2012028489.383.40$966
Sep 2012023694.672.92$689
Aug 2012023792.662.91$689
Jul 2012018985.133.02$571
Jun 2012025679.822.52$645
May 2012037391.612.49$928
Apr 20120315101.652.00$629
Mar 20120310105.052.22$689
Feb 20120288101.102.57$740
Jan 2012034198.092.73$932
Dec 2011035796.873.24$1,157
Nov 2011034895.723.31$1,152
Oct 2011046284.983.65$1,686
Sep 2011051483.623.99$2,049
Aug 2011011783.404.15$485
Jul 2011011094.144.52$497
Jun 2011081092.904.64$3,758
May 201119586098.134.40$22,924
Apr 201101,601105.964.33$6,938
Mar 2011060996.364.06$2,471
Feb 201101,03485.644.18$4,322
Jan 201101,14986.504.59$5,273
Dec 201001,25485.734.35$5,452
Nov 201001,11480.843.80$4,228
Oct 20101961,28778.103.51$19,824
Sep 201001,24172.633.98$4,939
Aug 201001,45373.684.42$6,421
Jul 201001,34172.554.74$6,352
Jun 201001,35070.364.91$6,629
May 201001,21771.124.24$5,154
Apr 201001,24481.694.12$5,129
Mar 201001,33278.394.39$5,846
Feb 2010085373.585.44$4,642
Jan 20101931,04174.365.96$20,560
Dec 2009086371.445.48$4,732
Nov 2009074174.593.75$2,780
Oct 2009078972.544.11$3,243
Sep 200901,14465.543.06$3,506
Aug 200901,16267.423.22$3,740
Jul 200901,64261.133.46$5,689
Jun 20091091,20466.163.90$11,901
May 200901,52454.743.93$5,983
Apr 200901,28046.773.59$4,592
Mar 200901,24142.144.06$5,037
Feb 2009991,42632.814.63$9,855
Jan 200901,29235.865.37$6,939
Dec 2008721,35737.105.98$10,782
Nov 200801,49755.496.86$10,270
Oct 2008401,49375.246.92$13,344
Sep 200801,373101.767.88$10,815
Aug 200811,524114.228.48$13,042
Jul 2008521,664131.0811.39$25,768
Jun 200801,566131.3313.03$20,409
May 200811,831123.1711.57$21,316
Apr 20081461,598110.3110.45$32,812
Mar 200801,588101.909.66$15,347
Feb 200801,53892.538.77$13,489
Jan 2008881,39390.388.21$19,384
Dec 200701,71388.337.30$12,508
Nov 20071001,60791.677.29$20,885
Oct 2007082182.856.92$5,683
Sep 200701,55475.846.24$9,703
Aug 200701,60769.066.39$10,265
Jul 200711,74570.906.39$11,218
Jun 200701,64562.007.55$12,417
May 20071321,63958.747.85$20,614
Apr 200701,46759.617.81$11,450
Mar 200701,53356.927.30$11,194
Feb 2007631,53655.108.22$16,091
Jan 200701,23150.306.73$8,281
Dec 200601,79856.656.92$12,439
Nov 2006592,25954.207.62$20,406
Oct 200601,97954.906.01$11,901
Sep 200601,19060.085.04$5,994
Aug 2006621,17268.717.34$12,862
Jul 200601,95469.376.34$12,394
Jun 20061082,00466.286.38$19,952
May 200602,04066.016.42$13,107
Apr 2006831,69164.397.36$17,791
Mar 200621,77856.707.08$12,707
Feb 2006661,29857.597.75$13,862
Jan 200601,16560.598.93$10,407
Dec 2005075154.9413.42$10,075
Nov 2005086854.6910.59$9,191
Oct 2005571,20458.3413.80$19,935
Sep 2005031961.4512.08$3,853
Aug 2005070961.519.80$6,946
Jul 2005091655.697.84$7,185
Jun 200501,08752.337.38$8,023
May 2005061045.226.65$4,057
Apr 200501,49849.207.36$11,026
Mar 200501,08950.377.15$7,792
Feb 20051221,07745.226.31$12,315
Jan 200511,10543.166.32$7,029
Dec 200401,10639.866.75$7,467
Nov 2004092145.286.33$5,830
Oct 200401,05449.706.52$6,867
Sep 200411,34043.245.28$7,124
Aug 20041591,15342.375.55$13,137
Jul 200401,08338.286.08$6,589
Jun 200401,89936.106.43$12,216
May 200401,22437.486.49$7,949
Apr 200401,27534.475.86$7,470
Mar 200402,22534.365.53$12,305
Feb 20041902,88932.455.51$22,083
Jan 200404,55632.036.30$28,701
Dec 200303,82130.266.30$24,079
Nov 200302,21728.804.60$10,187
Oct 20031752,36628.174.76$16,191
Sep 200302,08326.314.75$9,893
Aug 200303,17729.765.13$16,297
Jul 20031686,78329.415.17$40,015
Jun 200308,63328.565.98$51,651
May 2003010,33926.595.97$61,752
Apr 20031845,12826.675.41$32,636
Mar 200302,82131.146.10$17,197
Feb 20031862,85633.487.93$28,864
Jan 200302,39330.315.58$13,358
Dec 200202,21826.914.85$10,766
Nov 20021852,73424.664.14$15,873
Oct 200203,93626.464.23$16,646
Sep 20021814,13827.443.64$20,009
Aug 200204,51825.963.16$14,296
Jul 20021774,45524.583.06$17,991
Jun 200203,45823.733.34$11,544
May 20021844,57424.663.58$20,931
Apr 200202,80623.653.51$9,856
Mar 20021843,60522.003.10$15,233
Feb 20021834,96618.222.38$15,132
Jan 20021796,59817.172.38$18,748
Dec 20011826,93616.932.36$19,481
Nov 20011807,03618.072.41$20,178
Oct 20011807,31319.782.53$22,054
Sep 200103,80524.262.25$8,566
Aug 20011811,70024.873.05$9,692
Jul 200103,60823.933.20$11,535
Jun 20011794,08924.563.82$20,033
May 20011813,65025.524.31$20,341
Apr 20011815,25924.685.34$32,526
Mar 20011834,91224.545.38$30,900
Feb 20011854,37927.755.77$30,388
Jan 200106,80227.478.40$57,128
Dec 20003688,21326.889.12$84,815
Nov 20001869,28632.215.66$58,531
Oct 20001828,04331.235.15$47,069
Sep 20001866,80331.875.19$41,212
Aug 20001808,20229.644.54$42,578
Jul 200016415,91528.534.09$69,767
Jun 200004,99229.304.40$21,951
May 20001845,01927.263.68$23,485
Apr 20001808,39724.513.12$30,577
Mar 20000028.422.86$0
Feb 20001834,42627.622.73$17,122
Jan 20002106,39625.272.48$21,172
Dec 19991868,84624.282.42$25,956
Nov 19991844,56023.192.43$15,366
Oct 19991664,34720.982.80$15,670
Sep 19993609,06721.752.62$31,575
Aug 19991838,46319.262.88$27,861
Jul 19991706,24017.892.37$17,845
Jun 199971439,47515.942.36$104,625
May 199953733,60815.792.32$86,484
Apr 199953529,03915.102.21$72,198
Mar 199954036,13012.471.84$73,153
Feb 199972334,6839.981.82$70,262
Jan 199975031,18210.381.90$67,029
Dec 199871626,8469.201.77$54,194
Nov 199852234,85410.892.19$81,866
Oct 199870342,93912.421.97$93,287
Sep 199870240,93412.592.08$94,088
Aug 199870339,49611.301.91$83,277
Jul 199870038,11211.742.24$93,485
Jun 199872234,81211.242.24$85,999
May 199870350,41812.622.21$120,111
Apr 19981,07652,64013.042.51$145,912
Mar 199852729,48412.802.31$74,837
Feb 19981,06136,16913.952.30$97,958
Jan 199888359,61614.702.15$141,440
Dec 19971,07455,44716.322.41$151,216
Nov 19971,10268,41218.193.09$231,319
Oct 19971,62279,87319.253.15$282,809
Sep 19977031,99817.742.95$18,375
Aug 19971,00737,45517.862.55$113,673
Jul 19971,08642,11917.582.25$113,731
Jun 19971,46754,76017.242.26$148,895
May 19971,84765,65418.972.31$186,600
Apr 19972,03571,47817.882.08$185,259
Mar 19971,89077,02718.951.94$185,182
Feb 19972,25478,42620.492.21$219,184
Jan 19972,552100,02823.483.54$413,990
Dec 19962,585110,01523.32$60,282
Nov 19962,685119,36821.97$58,989
Oct 19964,048125,85223.31$94,359
Sep 19963,715138,48322.22$82,547
Aug 19965,218150,35220.26$105,717
Jul 19968,131203,99419.55$158,961
Jun 19968,809208,44918.73$164,993
May 199610,681229,29119.43$207,532
Apr 199612,111239,21421.51$260,508
Mar 199614,096266,70419.38$273,180
Feb 199615,358264,81316.98$260,779
Jan 199617,962306,37017.07$306,611
Dec 199519,687314,83517.19$338,420
Nov 19957,227135,41816.00$115,632

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.

Dec 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 86.77 =         $0
Gas                   36 Mcf  × $  3.42 =       $123

────────────────────────────────────────────────────
Month total                                     $123

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/157698 is the state's own key, not one this site invented.