LIEBSCHER UNIT

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 158681District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
Jun 1995 – May 2026
Value, last 12 filed months
$563
at the published price for each month
Months reported
372
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 Gas111996-07-18133355
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
CondensateDisposition37,435 bbl$797,162
GasProduction950,521 Mcf$1,120,998
Total$1,918,160

681,817 Mcf of this lease's gas, across 19 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 30.0121, -96.7203. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.01206, -96.72031 · 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
14,830 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 14,830 ft.

Completions filed
Jun 1995
1 of 1 wells

1 well

42-149329691H14,830 ftJun 1995

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 (372)

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

372 months

May 202600106.413.05$0
Apr 202601698.932.87$46
Mar 202601689.753.15$50
Feb 20260063.503.75$0
Jan 20260559.138.00$40
Dec 20250756.664.41$31
Nov 20250458.593.93$16
Oct 202504059.383.30$132
Sep 20250662.743.08$18
Aug 202502663.933.01$78
Jul 20250766.743.32$23
Jun 202504166.483.13$128
May 202506560.553.23$210
Apr 202503862.363.54$135
Mar 20250067.704.27$0
Feb 202507570.884.34$326
Jan 2025014774.324.28$629
Dec 2024016468.993.12$512
Nov 20240569.052.20$11
Oct 2024012471.372.28$283
Sep 202406769.612.36$158
Aug 202404375.632.06$89
Jul 202404379.932.15$92
Jun 202404178.082.63$108
May 202444478.812.20$412
Apr 20240084.451.66$0
Mar 202403180.301.55$48
Feb 202402176.091.78$37
Jan 202405373.023.30$175
Dec 202302771.262.61$70
Nov 202304677.892.81$129
Oct 202305285.443.09$161
Sep 202307989.042.74$216
Aug 202303280.522.67$86
Jul 202304774.852.64$124
Jun 2023010868.962.26$244
May 2023012970.622.23$287
Apr 2023012878.122.24$286
Mar 202307172.852.39$170
Feb 2023012575.112.47$308
Jan 202306076.533.39$203
Dec 202202276.415.73$126
Nov 2022010485.005.65$587
Oct 202208587.185.86$498
Sep 202206284.888.16$506
Aug 202204294.529.13$383
Jul 2022077101.587.54$581
Jun 20220102115.097.98$814
May 2022085109.378.43$717
Apr 2022067104.226.84$458
Mar 2022059108.885.08$300
Feb 202206991.054.86$335
Jan 20220081.844.54$0
Dec 202105471.323.90$211
Nov 202105777.435.24$299
Oct 202107079.795.71$400
Sep 202107269.865.35$385
Aug 202109766.024.22$409
Jul 202106670.783.98$263
Jun 2021011169.493.38$375
May 2021011263.483.02$338
Apr 2021020160.362.76$554
Mar 2021028261.302.72$766
Feb 20210057.805.55$0
Jan 2021013950.412.81$391
Dec 202001344.642.68$35
Nov 202003938.772.71$106
Oct 20200336.972.48$7
Sep 20200337.091.99$6
Aug 20200539.982.39$12
Jul 20200838.371.83$15
Jun 202009734.901.69$164
May 20200016.921.81$0
Apr 202002214.751.80$40
Mar 202007230.341.86$134
Feb 202005449.881.98$107
Jan 202009957.252.09$207
Dec 201908159.012.30$187
Nov 201903555.302.75$96
Oct 20190453.472.42$10
Sep 20190055.052.66$0
Aug 201903953.112.30$90
Jul 2019125556.272.46$7,046
Jun 201908652.782.49$214
May 201901858.482.74$49
Apr 20190762.632.75$19
Mar 201907556.803.06$230
Feb 201903150.852.79$87
Jan 201901346.033.23$42
Dec 201801346.594.19$54
Nov 201805352.934.24$225
Oct 20180561.443.40$17
Sep 201802659.543.11$81
Aug 201804359.403.07$132
Jul 20180465.142.93$12
Jun 201806260.183.08$191
May 201802565.382.90$73
Apr 201804563.842.90$131
Mar 201804361.222.79$120
Feb 20180561.782.77$14
Jan 201806662.874.01$265
Dec 201706357.272.92$184
Nov 201701755.423.12$53
Oct 2017014049.292.98$418
Sep 201707347.523.09$225
Aug 201701545.373.00$45
Jul 201704943.873.09$151
Jun 201705942.493.09$182
May 201707245.373.26$235
Apr 201708047.933.21$257
Mar 201707446.772.98$221
Feb 2017010350.452.95$304
Jan 2017013949.413.42$475
Dec 201605348.763.72$197
Nov 2016016342.492.64$431
Oct 201607246.193.09$223
Sep 2016015641.553.10$484
Aug 2016015941.442.92$465
Jul 2016012641.622.92$368
Jun 2016023745.352.69$637
May 2016013442.521.99$267
Apr 2016014136.561.99$281
Mar 201607933.011.79$142
Feb 2016019726.472.06$407
Jan 2016028227.352.36$667
Dec 201514228632.362.00$5,168
Nov 2015028438.792.17$616
Oct 2015024643.552.43$597
Sep 2015030442.992.76$839
Aug 2015038940.162.87$1,117
Jul 2015023848.152.95$701
Jun 2015033456.152.88$963
May 2015022555.212.96$665
Apr 2015024449.822.71$660
Mar 2015013042.892.93$382
Feb 201508644.662.98$256
Jan 2015020943.433.10$648
Dec 2014025954.693.59$930
Nov 2014015870.464.25$672
Oct 2014020278.303.90$788
Sep 201417926686.164.05$16,499
Aug 2014012889.394.04$517
Jul 2014017296.564.18$719
Jun 2014015998.164.74$753
May 2014016094.734.73$756
Apr 2014021295.944.81$1,020
Mar 2014030995.895.06$1,563
Feb 2014023797.406.19$1,468
Jan 2014014890.404.86$719
Dec 2013015591.824.35$675
Nov 2013017588.853.74$654
Oct 2013013497.423.78$506
Sep 20130116104.113.72$431
Aug 20130105104.253.52$370
Jul 20130132102.523.72$491
Jun 2013010794.403.93$421
May 2013018794.834.15$776
Apr 2013015293.964.28$651
Mar 2013011193.623.91$434
Feb 2013015291.233.42$520
Jan 201318010391.603.42$16,840
Dec 2012020386.773.42$694
Nov 201205586.953.62$199
Oct 2012015289.383.40$517
Sep 201208194.672.92$236
Aug 2012018492.662.91$535
Jul 2012022885.133.02$689
Jun 2012019279.822.52$484
May 2012018791.612.49$465
Apr 20120250101.652.00$499
Mar 20120187105.052.22$416
Feb 20120187101.102.57$481
Jan 2012029298.092.73$798
Dec 2011025296.873.24$816
Nov 2011027495.723.31$907
Oct 2011022684.983.65$825
Sep 2011021683.623.99$861
Aug 2011018683.404.15$772
Jul 201117820294.144.52$17,669
Jun 2011018792.904.64$868
May 2011020498.134.40$899
Apr 20110152105.964.33$659
Mar 2011019996.364.06$807
Feb 2011019885.644.18$828
Jan 2011021886.504.59$1,000
Dec 2010022185.734.35$961
Nov 2010031780.843.80$1,203
Oct 2010022678.103.51$793
Sep 2010024372.633.98$967
Aug 2010030373.684.42$1,339
Jul 2010023372.554.74$1,104
Jun 2010026370.364.91$1,291
May 2010030171.124.24$1,275
Apr 201018320381.694.12$15,786
Mar 2010031978.394.39$1,400
Feb 2010023673.585.44$1,284
Jan 2010026974.365.96$1,604
Dec 2009033071.445.48$1,810
Nov 2009028674.593.75$1,073
Oct 2009029072.544.11$1,192
Sep 2009028965.543.06$886
Aug 2009022467.423.22$721
Jul 2009052361.133.46$1,812
Jun 2009028066.163.90$1,091
May 200917928454.743.93$10,913
Apr 2009038146.773.59$1,367
Mar 2009027042.144.06$1,096
Feb 2009028232.814.63$1,307
Jan 2009029435.865.37$1,579
Dec 200801,07337.105.98$6,413
Nov 2008055055.496.86$3,773
Oct 2008057075.246.92$3,946
Sep 20080421101.767.88$3,316
Aug 20080460114.228.48$3,902
Jul 20080508131.0811.39$5,786
Jun 20080321131.3313.03$4,183
May 20080252123.1711.57$2,917
Apr 20080345110.3110.45$3,607
Mar 20080237101.909.66$2,290
Feb 2008026392.538.77$2,307
Jan 200817926990.388.21$18,385
Dec 2007020888.337.30$1,519
Nov 2007030991.677.29$2,253
Oct 2007045982.856.92$3,177
Sep 2007030375.846.24$1,892
Aug 2007032669.066.39$2,082
Jul 2007028970.906.39$1,846
Jun 2007028762.007.55$2,166
May 2007033358.747.85$2,613
Apr 200718822159.617.81$12,932
Mar 2007027256.927.30$1,986
Feb 2007035355.108.22$2,900
Jan 2007044550.306.73$2,993
Dec 2006024956.656.92$1,723
Nov 2006054554.207.62$4,152
Oct 2006148954.906.01$2,996
Sep 2006137460.085.04$1,944
Aug 2006023368.717.34$1,710
Jul 200617439869.376.34$14,595
Jun 2006057866.286.38$3,690
May 200601,65266.016.42$10,614
Apr 200651,49864.397.36$11,348
Mar 200611,08256.707.08$7,720
Feb 2006287257.597.75$6,874
Jan 2006266560.598.93$6,062
Dec 20051942,28154.9413.42$41,259
Nov 200553,07254.6910.59$32,801
Oct 200521,41458.3413.80$19,624
Sep 2005145761.4512.08$5,582
Aug 2005183761.519.80$8,261
Jul 2005281755.697.84$6,520
Jun 2005298652.337.38$7,382
May 2005260045.226.65$4,081
Apr 2005237349.207.36$2,844
Mar 20051891,48450.377.15$20,138
Feb 200541,80445.226.31$11,568
Jan 200503,33843.166.32$21,104
Dec 2004059839.866.75$4,037
Nov 200405045.286.33$317
Oct 2004105,43549.706.52$35,907
Sep 200460043.245.28$2,594
Aug 2004013242.375.55$733
Jul 20049038.286.08$345
Jun 20041834136.106.43$2,843
May 20041851,70437.486.49$18,001
Apr 200432,65334.475.86$15,646
Mar 20041912,56634.365.53$20,753
Feb 20041911,85732.455.51$16,429
Jan 200432,80232.036.30$17,748
Dec 20031993,17830.266.30$26,048
Nov 20031932,93128.804.60$19,027
Oct 200302,95828.174.76$14,079
Sep 20033784,60326.314.75$31,806
Aug 20031905,97329.765.13$36,294
Jul 20032007,19429.415.17$43,081
Jun 20033967,01128.565.98$53,256
May 20031881,35926.595.97$13,116
Apr 20034768026.675.41$4,930
Mar 2003109031.146.10$3,394
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020525.963.16$16
Jul 20020224.583.06$6
Jun 20020223.733.34$7
May 2002011024.663.58$394
Apr 2002067123.653.51$2,357
Mar 2002058522.003.10$1,815
Feb 200218256618.222.38$4,661
Jan 2002076017.172.38$1,806
Dec 2001099016.932.36$2,341
Nov 200121,02018.072.41$2,490
Oct 20011821,09619.782.53$6,372
Sep 200101,30224.262.25$2,931
Aug 200101,10424.873.05$3,371
Jul 200111,15623.933.20$3,720
Jun 200111,21324.563.82$4,663
May 20011911,69425.524.31$12,171
Apr 200101,32324.685.34$7,059
Mar 200101,43124.545.38$7,694
Feb 20011911,11427.755.77$11,725
Jan 2001441,25527.478.40$11,749
Dec 2000201,16726.889.12$11,184
Nov 200001,20832.215.66$6,835
Oct 20001981,27331.235.15$12,734
Sep 200001,19331.875.19$6,187
Aug 200001,36729.644.54$6,207
Jul 20001891,72628.534.09$12,451
Jun 200011,88829.304.40$8,331
May 20001902,37127.263.68$13,904
Apr 200001,92124.513.12$5,986
Mar 20003742,91828.422.86$18,974
Feb 200001,57427.622.73$4,292
Jan 200001,64225.272.48$4,073
Dec 19991741,65324.282.42$8,231
Nov 199901,84623.192.43$4,493
Oct 199901,74720.982.80$4,898
Sep 19991671,65121.752.62$7,956
Aug 199901,85519.262.88$5,334
Jul 19991981,96417.892.37$8,202
Jun 199902,13415.942.36$5,041
May 199901,01815.792.32$2,363
Apr 199901,96515.102.21$4,339
Mar 19992021,93412.471.84$6,074
Feb 19992002,8159.981.82$7,113
Jan 199901,64910.381.90$3,133
Dec 199801,6769.201.77$2,972
Nov 19981892,22710.892.19$6,926
Oct 199801,95312.421.97$3,846
Sep 19981872,12212.592.08$6,774
Aug 199822,32711.301.91$4,461
Jul 199802,81711.742.24$6,302
Jun 199812,98911.242.24$6,698
May 19981702,87012.622.21$8,478
Apr 19981942,79113.042.51$9,522
Mar 199802,98612.802.31$6,896
Feb 19981882,99713.952.30$9,513
Jan 199803,40714.702.15$7,341
Dec 19971443,64116.322.41$11,129
Nov 19971803,92118.193.09$15,383
Oct 19971744,07519.253.15$16,185
Sep 19971124,31917.742.95$14,749
Aug 19971894,77817.862.55$15,582
Jul 19971764,98117.582.25$14,286
Jun 19971955,02817.242.26$14,711
May 19971645,62318.972.31$16,092
Apr 19971925,90517.882.08$15,732
Mar 19971906,20618.951.94$15,635
Feb 19971775,82220.492.21$16,469
Jan 19971637,62523.483.54$30,817
Dec 19963588,13223.32$8,349
Nov 19963499,03221.97$7,668
Oct 19961809,44123.31$4,196
Sep 199652110,43522.22$11,577
Aug 199637412,58520.26$7,577
Jul 199635813,45819.55$6,999
Jun 199656016,40518.73$10,489
May 199657621,51719.43$11,192
Apr 19961,10730,51221.51$23,812
Mar 19961,42734,38719.38$27,655
Feb 199639212,30916.98$6,656
Jan 199639320,66717.07$6,709
Dec 199557624,30417.19$9,901
Nov 199573127,56016.00$11,696
Oct 199591729,35715.43$14,149
Sep 19951,41848,16816.18$22,943
Aug 19952,62761,97115.92$41,822
Jul 19955,234126,48615.24$79,766
Jun 19958,946165,09116.41$146,804

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   16 Mcf  × $  2.87 =        $46

────────────────────────────────────────────────────
Month total                                      $46

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/158681 is the state's own key, not one this site invented.