PARKER

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 157775District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Jan 1996 – May 2026
Value, last 12 filed months
$12 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 Gas111996-05-23134554
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
CondensateDisposition30,895 bbl$735,537
GasProduction1,239,826 Mcf$2,171,483
Total$2,907,020

687,559 Mcf of this lease's gas, across 12 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 30.3392, -96.3834. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.33917, -96.38343 · 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
12,182 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 12,182 ft.

Completions filed
Jan 1996
1 of 1 wells

1 well

42-477308021H12,182 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 20260253106.413.05$771
Apr 202609198.932.87$261
Mar 2026014789.753.15$463
Feb 2026015863.503.75$593
Jan 2026020459.138.00$1,632
Dec 2025055056.664.41$2,427
Nov 2025054658.593.93$2,144
Oct 20250059.383.30$0
Sep 2025010862.743.08$332
Aug 2025062863.933.01$1,893
Jul 20250766.743.32$23
Jun 2025031666.483.13$989
May 2025046260.553.23$1,493
Apr 2025048162.363.54$1,704
Mar 2025048767.704.27$2,079
Feb 2025045470.884.34$1,971
Jan 2025050774.324.28$2,169
Dec 2024049668.993.12$1,548
Nov 2024048469.052.20$1,064
Oct 2024051871.372.28$1,182
Sep 2024046769.612.36$1,104
Aug 2024051775.632.06$1,067
Jul 2024051079.932.15$1,095
Jun 2024043878.082.63$1,154
May 2024049878.812.20$1,095
Apr 2024048984.451.66$811
Mar 2024048680.301.55$751
Feb 2024045276.091.78$806
Jan 2024047673.023.30$1,570
Dec 2023047071.262.61$1,227
Nov 2023046277.892.81$1,297
Oct 2023049885.443.09$1,537
Sep 2023050489.042.74$1,378
Aug 2023052580.522.67$1,403
Jul 2023053774.852.64$1,419
Jun 2023253668.962.26$1,348
May 2023047870.622.23$1,065
Apr 2023045078.122.24$1,007
Mar 2023052272.852.39$1,249
Feb 2023147675.112.47$1,249
Jan 2023056376.533.39$1,907
Dec 2022045676.415.73$2,612
Nov 2022054685.005.65$3,083
Oct 2022059687.185.86$3,495
Sep 2022056384.888.16$4,596
Aug 2022057294.529.13$5,221
Jul 20220527101.587.54$3,975
Jun 20220543115.097.98$4,332
May 20220596109.378.43$5,026
Apr 20220558104.226.84$3,815
Mar 20220621108.885.08$3,152
Feb 2022051491.054.86$2,497
Jan 202219158581.844.54$18,286
Dec 2021061671.323.90$2,402
Nov 2021032377.435.24$1,692
Oct 2021065579.795.71$3,743
Sep 2021026469.865.35$1,413
Aug 2021049166.024.22$2,072
Jul 2021058370.783.98$2,322
Jun 2021056369.493.38$1,903
May 2021053063.483.02$1,599
Apr 2021058160.362.76$1,603
Mar 2021054761.302.72$1,486
Feb 2021052857.805.55$2,929
Jan 2021092050.412.81$2,585
Dec 2020043444.642.68$1,161
Nov 2020081938.772.71$2,217
Oct 2020058636.972.48$1,452
Sep 2020050837.091.99$1,011
Aug 2020049539.982.39$1,181
Jul 2020047838.371.83$872
Jun 2020052434.901.69$886
May 2020055016.921.81$998
Apr 2020052014.751.80$938
Mar 2020050130.341.86$930
Feb 2020045849.881.98$907
Jan 2020046857.252.09$980
Dec 2019053459.012.30$1,231
Nov 2019048655.302.75$1,337
Oct 2019045153.472.42$1,091
Sep 2019060455.052.66$1,605
Aug 2019052453.112.30$1,207
Jul 2019053556.272.46$1,316
Jun 2019056052.782.49$1,395
May 2019045958.482.74$1,258
Apr 2019057662.632.75$1,584
Mar 2019049156.803.06$1,503
Feb 2019044150.852.79$1,231
Jan 2019053646.033.23$1,730
Dec 2018057346.594.19$2,398
Nov 2018061052.934.24$2,585
Oct 201801,91361.443.40$6,501
Sep 2018073859.543.11$2,294
Aug 201822131959.403.07$14,106
Jul 2018056065.142.93$1,642
Jun 2018056060.183.08$1,723
May 2018046665.382.90$1,352
Apr 2018054563.842.90$1,581
Mar 2018054161.222.79$1,508
Feb 2018051061.782.77$1,411
Jan 2018062762.874.01$2,514
Dec 2017058557.272.92$1,709
Nov 2017050255.423.12$1,565
Oct 2017010149.292.98$301
Sep 2017047947.523.09$1,479
Aug 2017029445.373.00$883
Jul 2017062643.873.09$1,933
Jun 2017059842.493.09$1,846
May 201719457845.373.26$10,688
Apr 2017061947.933.21$1,988
Mar 2017045546.772.98$1,358
Feb 2017052550.452.95$1,550
Jan 2017041049.413.42$1,402
Dec 2016046348.763.72$1,724
Nov 2016078542.492.64$2,076
Oct 2016033146.193.09$1,023
Sep 2016070041.553.10$2,170
Aug 2016045241.442.92$1,322
Jul 2016064941.622.92$1,898
Jun 2016053145.352.69$1,426
May 2016055742.521.99$1,109
Apr 2016054036.561.99$1,075
Mar 2016053133.011.79$953
Feb 2016031226.472.06$644
Jan 2016050627.352.36$1,196
Dec 2015053132.362.00$1,063
Nov 2015050638.792.17$1,097
Oct 2015052643.552.43$1,276
Sep 2015048942.992.76$1,349
Aug 2015059040.162.87$1,695
Jul 2015064948.152.95$1,911
Jun 201519366656.152.88$12,757
May 2015058455.212.96$1,726
Apr 2015056949.822.71$1,540
Mar 2015067842.892.93$1,990
Feb 2015060344.662.98$1,795
Jan 2015055043.433.10$1,705
Dec 2014063654.693.59$2,284
Nov 2014054070.464.25$2,296
Oct 2014053478.303.90$2,083
Sep 2014044786.164.05$1,808
Aug 2014045589.394.04$1,836
Jul 2014040596.564.18$1,693
Jun 2014040098.164.74$1,895
May 2014070894.734.73$3,346
Apr 2014070095.944.81$3,366
Mar 2014065395.895.06$3,302
Feb 2014067097.406.19$4,149
Jan 2014083590.404.86$4,059
Dec 2013073491.824.35$3,196
Nov 2013061788.853.74$2,307
Oct 201319177697.423.78$21,540
Sep 20130869104.113.72$3,231
Aug 20130812104.253.52$2,860
Jul 20130847102.523.72$3,149
Jun 2013078494.403.93$3,084
May 2013078494.834.15$3,253
Apr 2013068493.964.28$2,929
Mar 2013065893.623.91$2,575
Feb 2013064891.233.42$2,216
Jan 2013092191.603.42$3,150
Dec 2012079186.773.42$2,705
Nov 2012061986.953.62$2,244
Oct 2012067489.383.40$2,291
Sep 2012051294.672.92$1,494
Aug 2012076692.662.91$2,228
Jul 2012091785.133.02$2,770
Jun 2012075179.822.52$1,892
May 2012094891.612.49$2,359
Apr 201201,004101.652.00$2,005
Mar 20120579105.052.22$1,287
Feb 2012127667101.102.57$14,554
Jan 2012063398.092.73$1,731
Dec 2011088196.873.24$2,854
Nov 2011054595.723.31$1,805
Oct 2011061384.983.65$2,237
Sep 2011067583.623.99$2,690
Aug 2011053083.404.15$2,199
Jul 2011066994.144.52$3,022
Jun 2011070592.904.64$3,271
May 2011069698.134.40$3,066
Apr 2011197553105.964.33$23,270
Mar 2011037396.364.06$1,513
Feb 2011075885.644.18$3,168
Jan 201101,13286.504.59$5,195
Dec 201001,50985.734.35$6,561
Nov 201001,86880.843.80$7,090
Oct 2010031778.103.51$1,112
Sep 2010032872.633.98$1,305
Aug 2010053573.684.42$2,364
Jul 2010044472.554.74$2,103
Jun 2010042570.364.91$2,087
May 2010087771.124.24$3,714
Apr 201001,26181.694.12$5,199
Mar 2010036678.394.39$1,606
Feb 2010087573.585.44$4,762
Jan 201001,43574.365.96$8,558
Dec 200901,53871.445.48$8,434
Nov 200901,51274.593.75$5,672
Oct 200901,48172.544.11$6,087
Sep 2009058665.543.06$1,796
Aug 200901,16267.423.22$3,740
Jul 20096465761.133.46$6,189
Jun 20091671,22566.163.90$15,820
May 200901,53654.743.93$6,030
Apr 200901,51946.773.59$5,449
Mar 200901,61442.144.06$6,551
Feb 200901,54532.814.63$7,158
Jan 200901,82635.865.37$9,807
Dec 200801,88137.105.98$11,243
Nov 200801,76355.496.86$12,095
Oct 200801,81075.246.92$12,529
Sep 200801,744101.767.88$13,738
Aug 200801,981114.228.48$16,805
Jul 20081792,109131.0811.39$47,484
Jun 200802,183131.3313.03$28,450
May 200801,990123.1711.57$23,033
Apr 200801,156110.3110.45$12,086
Mar 200801,194101.909.66$11,539
Feb 200801,09592.538.77$9,604
Jan 200801,29390.388.21$10,610
Dec 200701,20088.337.30$8,762
Nov 2007097991.677.29$7,139
Oct 20071901,05482.856.92$23,037
Sep 200701,06475.846.24$6,644
Aug 200701,09469.066.39$6,988
Jul 200701,08770.906.39$6,944
Jun 200701,06962.007.55$8,069
May 200701,06758.747.85$8,372
Apr 200701,07759.617.81$8,406
Mar 20071691,09456.927.30$17,608
Feb 200701,03355.108.22$8,487
Jan 200701,11650.306.73$7,507
Dec 200601,03756.656.92$7,174
Nov 200601,07054.207.62$8,151
Oct 200601,06354.906.01$6,393
Sep 200601,08060.085.04$5,440
Aug 200601,09968.717.34$8,067
Jul 2006090869.376.34$5,759
Jun 200601,05366.286.38$6,722
May 2006096966.016.42$6,226
Apr 20061881,11264.397.36$20,290
Mar 200601,45056.707.08$10,270
Feb 200601,34657.597.75$10,433
Jan 200601,24860.598.93$11,149
Dec 20051931,36554.9413.42$28,915
Nov 200501,29954.6910.59$13,754
Oct 200511,33458.3413.80$18,462
Sep 200501,30761.4512.08$15,787
Aug 200501,26361.519.80$12,373
Jul 200501,10355.697.84$8,652
Jun 200501,32852.337.38$9,802
May 2005095745.226.65$6,365
Apr 200501,03149.207.36$7,589
Mar 200501,12450.377.15$8,042
Feb 2005096445.226.31$6,085
Jan 200501,04643.166.32$6,613
Dec 20041841,07839.866.75$14,612
Nov 2004084445.286.33$5,343
Oct 200401,13249.706.52$7,375
Sep 2004055343.245.28$2,922
Aug 200401,17342.375.55$6,511
Jul 200411,27438.286.08$7,790
Jun 200401,19636.106.43$7,694
May 200401,10837.486.49$7,196
Apr 200401,58534.475.86$9,286
Mar 200401,57934.365.53$8,732
Feb 20041771,75132.455.51$15,391
Jan 200401,93432.036.30$12,184
Dec 200301,90830.266.30$12,024
Nov 200301,88828.804.60$8,676
Oct 20031111,85728.174.76$11,966
Sep 200301,94726.314.75$9,247
Aug 200302,09629.765.13$10,752
Jul 200302,29429.415.17$11,862
Jun 20031863,66328.565.98$27,228
May 200302,31126.595.97$13,803
Apr 200303,47726.675.41$18,801
Mar 200302,57931.146.10$15,722
Feb 20033862,42133.487.93$32,112
Jan 200302,40130.315.58$13,402
Dec 200202,57826.914.85$12,513
Nov 200202,76724.664.14$11,447
Oct 20021752,20526.464.23$13,956
Sep 200202,57427.443.64$9,357
Aug 200202,62925.963.16$8,319
Jul 200202,97824.583.06$9,118
Jun 20021953,87123.733.34$17,550
May 200203,83724.663.58$13,752
Apr 200204,12723.653.51$14,495
Mar 200202,50822.003.10$7,782
Feb 20021832,71018.222.38$9,772
Jan 200203,58517.172.38$8,517
Dec 200103,56516.932.36$8,429
Nov 20011972,87218.072.41$10,468
Oct 200104,17719.782.53$10,563
Sep 200103,67224.262.25$8,267
Aug 200105,06824.873.05$15,473
Jul 20011765,60423.933.20$22,128
Jun 200106,38324.563.82$24,410
May 200107,68025.524.31$33,080
Apr 200115710,59024.685.34$60,376
Mar 20011937,18324.545.38$43,355
Feb 20010027.755.77$0
Jan 200102,09627.478.40$17,604
Dec 200002,20826.889.12$20,142
Nov 20001481,99932.215.66$16,077
Oct 200002,35231.235.15$12,102
Sep 20001472,22031.875.19$16,199
Aug 200002,18929.644.54$9,940
Jul 20001632,15328.534.09$13,456
Jun 200002,45229.304.40$10,782
May 200001,73527.263.68$6,384
Apr 200002,18524.513.12$6,808
Mar 20001732,37628.422.86$11,711
Feb 200002,57227.622.73$7,013
Jan 20001832,40125.272.48$10,580
Dec 199904,02224.282.42$9,748
Nov 19991824,98123.192.43$16,344
Oct 199905,25920.982.80$14,745
Sep 1999382,45121.752.62$7,245
Aug 19991845,00519.262.88$17,936
Jul 199902,61417.892.37$6,201
Jun 19991812,14915.942.36$7,961
May 199902,21015.792.32$5,129
Apr 19991802,31515.102.21$7,830
Mar 199903,15212.471.84$5,794
Feb 19993688,8689.981.82$19,793
Jan 19991857,88610.381.90$16,903
Dec 199803,4529.201.77$6,122
Nov 19981784,60110.892.19$11,995
Oct 19981724,16812.421.97$10,344
Sep 199804,31812.592.08$8,993
Aug 19983584,75011.301.91$13,105
Jul 199804,28011.742.24$9,576
Jun 19981804,23711.242.24$11,503
May 199804,48712.622.21$9,900
Apr 19981794,41913.042.51$13,405
Mar 19981804,83812.802.31$13,477
Feb 19981794,68813.952.30$13,275
Jan 19981775,18114.702.15$13,766
Dec 19971805,25716.322.41$15,613
Nov 19971794,88518.193.09$18,342
Oct 19973556,30519.253.15$26,693
Sep 19971795,61517.742.95$19,767
Aug 19971806,09317.862.55$18,781
Jul 19971917,26017.582.25$19,671
Jun 19973757,02817.242.26$22,329
May 19971878,33118.972.31$22,780
Apr 19973769,43817.882.08$26,380
Mar 199735810,12118.951.94$26,410
Feb 199736210,83120.492.21$31,309
Jan 199733810,28523.483.54$44,342
Dec 199646611,62623.32$10,867
Nov 199645916,07921.97$10,084
Oct 199641914,98923.31$9,767
Sep 199692831,14722.22$20,620
Aug 199673621,69220.26$14,911
Jul 199673928,14319.55$14,447
Jun 19961,09839,91918.73$20,566
May 19961,46550,64719.43$28,465
Apr 19961,45655,20521.51$31,319
Mar 19962,25898,89919.38$43,760
Feb 19963,121128,47316.98$52,995
Jan 19965,966190,74017.07$101,840

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                  253 Mcf  × $  3.05 =       $771

────────────────────────────────────────────────────
Month total                                     $771

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/157775 is the state's own key, not one this site invented.