ESTES

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 158018District 03Field 34733500CondensateGasSaveExport
Value, all time
$4.5 M
Feb 1996 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
364
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

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
CondensateDisposition26,000 bbl$860,672
GasProduction1,346,709 Mcf$3,589,341
Total$4,450,014

451,903 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 30.2428, -96.7908. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.24279, -96.79078 · 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
100.0%
1 of 1 wells
Median depth
10,591 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 10,591 ft.

Completions filed
Feb 1996
1 of 1 wells
Plug dates filed
Feb 1991
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-287315231H10,591 ftFeb 1996Feb 1991

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 (364)

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

364 months

May 20260422106.413.05$1,285
Apr 2026030598.932.87$875
Mar 2026032089.753.15$1,008
Feb 2026028463.503.75$1,065
Jan 2026031859.138.00$2,543
Dec 2025032256.664.41$1,421
Nov 2025031758.593.93$1,245
Oct 2025029759.383.30$982
Sep 2025027162.743.08$834
Aug 2025025563.933.01$769
Jul 2025027566.743.32$912
Jun 2025034666.483.13$1,083
May 2025037460.553.23$1,209
Apr 2025037762.363.54$1,336
Mar 2025037367.704.27$1,592
Feb 2025026370.884.34$1,142
Jan 20250074.324.28$0
Dec 2024022268.993.12$693
Nov 2024031569.052.20$693
Oct 2024033571.372.28$764
Sep 2024010469.612.36$246
Aug 2024016775.632.06$345
Jul 202406379.932.15$135
Jun 2024018978.082.63$498
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202407876.091.78$139
Jan 2024013373.023.30$439
Dec 202304371.262.61$112
Nov 2023114677.892.81$488
Oct 2023213485.443.09$585
Sep 2023113089.042.74$445
Aug 2023012780.522.67$339
Jul 202304774.852.64$124
Jun 202301768.962.26$38
May 202303570.622.23$78
Apr 202305678.122.24$125
Mar 2023010072.852.39$239
Feb 2023019575.112.47$481
Jan 2023026876.533.39$908
Dec 2022066076.415.73$3,781
Nov 202201,02685.005.65$5,793
Oct 20220087.185.86$0
Sep 202235572984.888.16$36,084
Aug 2022046994.529.13$4,281
Jul 202200101.587.54$0
Jun 20220303115.097.98$2,417
May 20220444109.378.43$3,744
Apr 20220431104.226.84$2,947
Mar 20220444108.885.08$2,254
Feb 2022039691.054.86$1,924
Jan 2022043381.844.54$1,965
Dec 2021042371.323.90$1,649
Nov 2021042577.435.24$2,226
Oct 2021049179.795.71$2,806
Sep 2021046569.865.35$2,488
Aug 2021048866.024.22$2,060
Jul 2021044370.783.98$1,764
Jun 2021054769.493.38$1,849
May 2021034363.483.02$1,035
Apr 2021053160.362.76$1,465
Mar 2021043661.302.72$1,185
Feb 2021047457.805.55$2,630
Jan 2021055850.412.81$1,568
Dec 2020057244.642.68$1,530
Nov 2020045738.772.71$1,237
Oct 2020024436.972.48$605
Sep 2020033237.091.99$661
Aug 2020048139.982.39$1,147
Jul 2020049138.371.83$896
Jun 2020056134.901.69$948
May 20207730716.921.81$1,860
Apr 2020057414.751.80$1,036
Mar 2020062030.341.86$1,151
Feb 202001,14349.881.98$2,264
Jan 202001,00157.252.09$2,097
Dec 2019097159.012.30$2,238
Nov 201901,06855.302.75$2,938
Oct 20192111,14253.472.42$14,044
Sep 201901,13655.052.66$3,019
Aug 201901,24653.112.30$2,871
Jul 201902,18256.272.46$5,368
Jun 201902,50052.782.49$6,228
May 2019084558.482.74$2,316
Apr 2019046262.632.75$1,271
Mar 2019141356.803.06$1,321
Feb 2019067850.852.79$1,893
Jan 2019048546.033.23$1,566
Dec 2018062946.594.19$2,633
Nov 2018063752.934.24$2,699
Oct 201801,01061.443.40$3,432
Sep 201801,15259.543.11$3,580
Aug 201801,25859.403.07$3,858
Jul 201801,03865.142.93$3,043
Jun 20181851,28560.183.08$15,087
May 201801,03965.382.90$3,014
Apr 201801,33663.842.90$3,875
Mar 201801,21161.222.79$3,375
Feb 201801,10261.782.77$3,048
Jan 201801,27162.874.01$5,096
Dec 201701,33557.272.92$3,900
Nov 201701,24355.423.12$3,876
Oct 20171871,24749.292.98$12,938
Sep 201701,16347.523.09$3,591
Aug 2017096645.373.00$2,902
Jul 201701,18243.873.09$3,649
Jun 201701,18542.493.09$3,658
May 201701,18645.373.26$3,870
Apr 201701,14747.933.21$3,684
Mar 201701,19546.772.98$3,566
Feb 201701,04850.452.95$3,094
Jan 20171911,26749.413.42$13,769
Dec 201601,15548.763.72$4,300
Nov 201601,29442.492.64$3,422
Oct 201601,13646.193.09$3,511
Sep 2016093441.553.10$2,896
Aug 201601,26741.442.92$3,705
Jul 201601,20741.622.92$3,530
Jun 201601,15445.352.69$3,099
May 201601,32142.521.99$2,630
Apr 201601,33836.561.99$2,664
Mar 20161901,21933.011.79$8,459
Feb 201601,21826.472.06$2,514
Jan 201601,38627.352.36$3,277
Dec 201501,25532.362.00$2,512
Nov 201501,15838.792.17$2,510
Oct 201501,40243.552.43$3,402
Sep 201501,40242.992.76$3,867
Aug 201501,44440.162.87$4,148
Jul 20151851,46948.152.95$13,234
Jun 201501,36356.152.88$3,929
May 201501,39155.212.96$4,111
Apr 201501,24449.822.71$3,367
Mar 201501,27942.892.93$3,753
Feb 201501,37244.662.98$4,083
Jan 201501,02043.433.10$3,163
Dec 20141831,41254.693.59$15,079
Nov 201401,21370.464.25$5,157
Oct 201401,41978.303.90$5,535
Sep 201401,16886.164.05$4,725
Aug 201401,55289.394.04$6,263
Jul 201401,61196.564.18$6,733
Jun 20141901,44398.164.74$25,486
May 201401,60794.734.73$7,596
Apr 201401,60995.944.81$7,738
Mar 201401,91795.895.06$9,694
Feb 201401,88697.406.19$11,678
Jan 20141962,02390.404.86$27,552
Dec 201302,13091.824.35$9,275
Nov 2013094888.853.74$3,544
Oct 201301,24997.423.78$4,720
Sep 201301,366104.113.72$5,078
Aug 201301,533104.253.52$5,400
Jul 20130864102.523.72$3,212
Jun 201301,49894.403.93$5,892
May 201301,83294.834.15$7,601
Apr 2013059293.964.28$2,535
Mar 20131811,55293.623.91$23,018
Feb 201301,08991.233.42$3,724
Jan 201301,27991.603.42$4,374
Dec 201201,97386.773.42$6,748
Nov 201201,26186.953.62$4,571
Oct 201201,14089.383.40$3,876
Sep 20121911,38294.672.92$22,115
Aug 201201,46592.662.91$4,260
Jul 201202,11385.133.02$6,383
Jun 201201,43779.822.52$3,620
May 201201,08091.612.49$2,687
Apr 201201,264101.652.00$2,524
Mar 201201,556105.052.22$3,458
Feb 2012178927101.102.57$20,378
Jan 201201,97698.092.73$5,403
Dec 201101,41196.873.24$4,571
Nov 201101,03095.723.31$3,411
Oct 201101,66184.983.65$6,060
Sep 20111861,42583.623.99$21,233
Aug 201102,18383.404.15$9,058
Jul 201101,75494.144.52$7,923
Jun 201101,39292.904.64$6,459
May 201101,84998.134.40$8,145
Apr 201101,300105.964.33$5,633
Mar 20111931,63796.364.06$25,239
Feb 201101,58085.644.18$6,604
Jan 201101,66486.504.59$7,636
Dec 201001,68685.734.35$7,330
Nov 20101951,55280.843.80$21,654
Oct 201001,91678.103.51$6,723
Sep 201002,17272.633.98$8,643
Aug 201001,63173.684.42$7,208
Jul 201001,57272.554.74$7,446
Jun 201001,87370.364.91$9,197
May 201001,66371.124.24$7,043
Apr 20101931,92681.694.12$23,706
Mar 201001,58578.394.39$6,956
Feb 201001,90773.585.44$10,379
Jan 201001,64774.365.96$9,823
Dec 20091951,52171.445.48$22,272
Nov 200901,91274.593.75$7,173
Oct 200902,10072.544.11$8,632
Sep 200901,80965.543.06$5,544
Aug 200902,02467.423.22$6,514
Jul 20091921,71761.133.46$17,686
Jun 200901,83966.163.90$7,163
May 200902,41454.743.93$9,477
Apr 200901,70846.773.59$6,127
Mar 200903,36742.144.06$13,667
Feb 20091871,43532.814.63$12,784
Jan 200901,41035.865.37$7,573
Dec 200802,38937.105.98$14,279
Nov 200801,82555.496.86$12,520
Oct 20081821,97975.246.92$27,392
Sep 200801,163101.767.88$9,161
Aug 200802,018114.228.48$17,119
Jul 200812,420131.0811.39$27,694
Jun 200812,158131.3313.03$28,256
May 20081782,196123.1711.57$47,341
Apr 200812,505110.3110.45$26,300
Mar 200801,314101.909.66$12,699
Feb 200802,03892.538.77$17,874
Jan 20081632,77790.388.21$37,519
Dec 200702,59288.337.30$18,927
Nov 200712,73091.677.29$19,998
Oct 20071841,55182.856.92$25,980
Sep 200702,47075.846.24$15,423
Aug 200712,84569.066.39$18,243
Jul 20071862,46170.906.39$28,908
Jun 200702,40162.007.55$18,124
May 200712,46358.747.85$19,384
Apr 200701,64459.617.81$12,832
Mar 20071932,40556.927.30$28,547
Feb 200702,05455.108.22$16,876
Jan 200713,06450.306.73$20,661
Dec 20061701,72456.656.92$21,558
Nov 200601,76254.207.62$13,422
Oct 200612,55854.906.01$15,438
Sep 200611,92460.085.04$9,752
Aug 20061832,32268.717.34$29,617
Jul 200603,14669.376.34$19,954
Jun 200612,88366.286.38$18,471
May 20061793,48366.016.42$34,194
Apr 200612,37964.397.36$17,575
Mar 20061922,13456.707.08$26,001
Feb 200612,58157.597.75$20,063
Jan 200624,44760.598.93$39,848
Dec 20051574,34154.9413.42$66,862
Nov 200513,91354.6910.59$41,487
Oct 20051903,61158.3413.80$60,901
Sep 200503,20861.4512.08$38,749
Aug 200514,07061.519.80$39,935
Jul 20051924,90455.697.84$49,158
Jun 200512,41152.337.38$17,848
May 200501,85545.226.65$12,338
Apr 200502,77049.207.36$20,389
Mar 20051873,54050.377.15$34,747
Feb 200502,29845.226.31$14,505
Jan 200501,86843.166.32$11,810
Dec 20041951,87439.866.75$20,424
Nov 200401,83045.286.33$11,585
Oct 200401,68849.706.52$10,997
Sep 20041703,21043.245.28$24,312
Aug 200402,69142.375.55$14,937
Jul 200402,21638.286.08$13,483
Jun 200412,94336.106.43$18,968
May 20041872,56737.486.49$23,680
Apr 200411,19734.475.86$7,047
Mar 200411,42234.365.53$7,898
Feb 200401,62432.455.51$8,948
Jan 200402,17432.036.30$13,695
Dec 20031823,20030.266.30$25,673
Nov 200313,17428.804.60$14,614
Oct 20031872,57028.174.76$17,500
Sep 200302,65326.314.75$12,600
Aug 200303,39329.765.13$17,405
Jul 20031873,46829.415.17$23,432
Jun 200301,73728.565.98$10,392
May 200304,28826.595.97$25,611
Apr 20031893,07326.675.41$21,657
Mar 200303,66231.146.10$22,324
Feb 200302,06733.487.93$16,383
Jan 20031874,15130.315.58$28,839
Dec 200203,64926.914.85$17,711
Nov 20021912,83724.664.14$16,447
Oct 200203,32226.464.23$14,049
Sep 200203,29227.443.64$11,967
Aug 20021843,56725.963.16$16,063
Jul 200203,68424.583.06$11,280
Jun 20021863,50023.733.34$16,098
May 200203,74324.663.58$13,415
Apr 20021874,13723.653.51$18,953
Mar 200204,32622.003.10$13,422
Feb 20021903,47018.222.38$11,705
Jan 200203,81417.172.38$9,061
Dec 20011875,53616.932.36$16,255
Nov 200104,42518.072.41$10,644
Oct 20011864,31419.782.53$14,589
Sep 200104,63624.262.25$10,437
Aug 20011774,48124.873.05$18,083
Jul 200104,29223.933.20$13,722
Jun 20011834,80224.563.82$22,858
May 200104,35025.524.31$18,737
Apr 20011805,53224.685.34$33,957
Mar 20011894,52524.545.38$28,966
Feb 200113,68227.755.77$21,262
Jan 20011785,54927.478.40$51,494
Dec 20001884,73526.889.12$48,248
Nov 200004,03432.215.66$22,824
Oct 20001915,54231.235.15$34,481
Sep 200003,50831.875.19$18,194
Aug 20001896,94129.644.54$37,119
Jul 200005,69128.534.09$23,275
Jun 20001846,35029.304.40$33,314
May 20001915,97227.263.68$27,182
Apr 20001865,62224.513.12$22,077
Mar 200008,36328.422.86$23,916
Feb 20001793,76527.622.73$15,209
Jan 20001885,74425.272.48$18,999
Dec 19991915,91024.282.42$18,962
Nov 199919111,58423.192.43$32,625
Oct 19991935,09920.982.80$18,345
Sep 199915,54721.752.62$14,549
Aug 19991796,62519.262.88$22,498
Jul 19991957,65117.892.37$21,640
Jun 19991957,90615.942.36$21,783
May 199919010,25715.792.32$26,807
Apr 19991124,76115.102.21$12,204
Mar 19991814,30912.471.84$10,178
Feb 19991894,6769.981.82$10,386
Jan 199905,25710.381.90$9,988
Dec 19981996,8259.201.77$13,934
Nov 19981848,07710.892.19$19,658
Oct 19981817,43112.421.97$16,881
Sep 19981776,92112.592.08$16,642
Aug 19981878,36911.301.91$18,076
Jul 19981789,33511.742.24$22,975
Jun 19981786,00211.242.24$15,429
May 19981826,73612.622.21$17,159
Apr 19981796,60613.042.51$18,884
Mar 19981937,85212.802.31$20,604
Feb 199818111,02713.952.30$27,877
Jan 199836910,26914.702.15$27,552
Dec 199737314,59416.322.41$41,275
Nov 19971838,04018.193.09$28,158
Oct 199718311,30619.253.15$39,135
Sep 199736212,15517.742.95$42,338
Aug 199718513,45417.862.55$37,676
Jul 199735314,37317.582.25$38,501
Jun 199755420,26017.242.26$55,282
May 199736424,11218.972.31$62,568
Apr 199737119,24217.882.08$46,710
Mar 19971846,39418.951.94$15,886
Feb 19971135,34920.492.21$14,115
Jan 19971446,20623.483.54$25,349
Dec 199623010,54923.32$5,364
Nov 199636024,01721.97$7,909
Oct 199635930,28023.31$8,368
Sep 199650930,64622.22$11,310
Aug 199653238,17720.26$10,778
Jul 199653242,30619.55$10,401
Jun 199670966,61618.73$13,280
May 199688862,31519.43$17,254
Apr 19961,05250,10221.51$22,629
Mar 19961,26882,39019.38$24,574
Feb 199618514,50516.98$3,141

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                  422 Mcf  × $  3.05 =     $1,285

────────────────────────────────────────────────────
Month total                                   $1,285

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/158018 is the state's own key, not one this site invented.