MIKEL OL

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the NAVASOTA RIVER (CRETACEOUS LWR.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159090District 03Field 64616300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.3 M
Mar 1996 – May 2026
Value, last 12 filed months
$299 k
at the published price for each month
Months reported
363
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 57 leases and 57 wells, and the rule below applies to all of them.

Discovered
1995-06-22
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1995-10-03.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: EVENLY DIVISIBLE BY 40.

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 Gas111996-09-30134937
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
CondensateDisposition294 bbl$5,792
GasProduction6,053,369 Mcf$20,297,015
Total$20,302,807

1,055,844 Mcf of this lease's gas, across 10 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 30.2447, -96.3633. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.24465, -96.36330 · 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
19,018 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 19,018 ft.

Completions filed
Mar 1996
1 of 1 wells

1 well

42-477307971HL19,018 ftMar 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 (363)

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

363 months

May 202606,644106.413.05$20,237
Apr 202606,47798.932.87$18,587
Mar 202606,71989.753.15$21,161
Feb 202606,08063.503.75$22,802
Jan 202616,79259.138.00$54,381
Dec 202506,69256.664.41$29,534
Nov 202506,52158.593.93$25,604
Oct 202506,82259.383.30$22,546
Sep 202506,77062.743.08$20,831
Aug 202506,48363.933.01$19,545
Jul 202506,79866.743.32$22,537
Jun 202506,66366.483.13$20,847
May 202507,18760.553.23$23,231
Apr 202507,71762.363.54$27,342
Mar 202506,29067.704.27$26,848
Feb 202504,58970.884.34$19,920
Jan 202505,11974.324.28$21,903
Dec 202405,57168.993.12$17,389
Nov 202405,46569.052.20$12,014
Oct 202405,69671.372.28$12,995
Sep 202405,84169.612.36$13,810
Aug 202405,14675.632.06$10,619
Jul 202405,44379.932.15$11,684
Jun 202405,56078.082.63$14,645
May 202405,76878.812.20$12,681
Apr 202405,69684.451.66$9,451
Mar 202406,35580.301.55$9,819
Feb 202405,88376.091.78$10,493
Jan 202405,74973.023.30$18,958
Dec 202305,58471.262.61$14,578
Nov 202305,45777.892.81$15,321
Oct 202305,84385.443.09$18,039
Sep 202305,72589.042.74$15,658
Aug 202305,94980.522.67$15,901
Jul 202306,09874.852.64$16,110
Jun 202315,87068.962.26$13,326
May 202305,87270.622.23$13,079
Apr 202306,93978.122.24$15,528
Mar 202307,21372.852.39$17,262
Feb 202306,86275.112.47$16,920
Jan 202308,46776.533.39$28,684
Dec 2022010,48476.415.73$60,064
Nov 202207,83785.005.65$44,249
Oct 202208,05187.185.86$47,209
Sep 202208,66384.888.16$70,722
Aug 202209,39194.529.13$85,713
Jul 202206,183101.587.54$46,633
Jun 202205,828115.097.98$46,491
May 202206,165109.378.43$51,990
Apr 202206,225104.226.84$42,564
Mar 202208,648108.885.08$43,901
Feb 202207,47991.054.86$36,339
Jan 2022010,25281.844.54$46,520
Dec 202106,62271.323.90$25,820
Nov 202106,26977.435.24$32,830
Oct 202109,49079.795.71$54,225
Sep 202109,74369.865.35$52,134
Aug 202106,97866.024.22$29,451
Jul 202107,50770.783.98$29,893
Jun 202107,14069.493.38$24,138
May 202107,66363.483.02$23,124
Apr 202106,83160.362.76$18,843
Mar 202106,85961.302.72$18,635
Feb 202103,71657.805.55$20,616
Jan 202105,55650.412.81$15,614
Dec 202009,35444.642.68$25,026
Nov 202005,88738.772.71$15,934
Oct 202008,21436.972.48$20,358
Sep 202005,11937.091.99$10,192
Aug 202008,15739.982.39$19,455
Jul 202009,00838.371.83$16,441
Jun 202006,78434.901.69$11,467
May 202005,17616.921.81$9,393
Apr 202008,00814.751.80$14,449
Mar 202007,30530.341.86$13,560
Feb 202007,14749.881.98$14,156
Jan 2020010,91257.252.09$22,858
Dec 201907,17959.012.30$16,543
Nov 2019011,12255.302.75$30,593
Oct 2019081053.472.42$1,959
Sep 201906,57555.052.66$17,472
Aug 201907,92753.112.30$18,267
Jul 201908,26056.272.46$20,320
Jun 201907,01352.782.49$17,471
May 201907,06158.482.74$19,349
Apr 201906,68962.632.75$18,399
Mar 201906,91856.803.06$21,184
Feb 201906,00450.852.79$16,764
Jan 201906,19946.033.23$20,011
Dec 201805,57246.594.19$23,321
Nov 201806,00052.934.24$25,423
Oct 201807,20561.443.40$24,483
Sep 201807,22359.543.11$22,449
Aug 201807,62859.403.07$23,392
Jul 201808,30365.142.93$24,343
Jun 201808,10960.183.08$24,951
May 201808,44865.382.90$24,506
Apr 201807,98163.842.90$23,151
Mar 201808,35861.222.79$23,292
Feb 201807,81061.782.77$21,603
Jan 201808,82762.874.01$35,390
Dec 201708,77657.272.92$25,639
Nov 201708,45855.423.12$26,375
Oct 201708,77149.292.98$26,170
Sep 201709,01847.523.09$27,841
Aug 201707,00545.373.00$21,046
Jul 201708,63643.873.09$26,662
Jun 201708,46542.493.09$26,134
May 201709,16445.373.26$29,906
Apr 201708,76747.933.21$28,156
Mar 201708,97046.772.98$26,764
Feb 201707,91150.452.95$23,358
Jan 201708,81949.413.42$30,150
Dec 201609,62448.763.72$35,829
Nov 201609,52842.492.64$25,195
Oct 201609,02046.193.09$27,874
Sep 201609,17541.553.10$28,448
Aug 201609,52841.442.92$27,863
Jul 201609,53641.622.92$27,887
Jun 201609,35345.352.69$25,121
May 201609,77842.521.99$19,468
Apr 201609,41136.561.99$18,738
Mar 201609,71333.011.79$17,425
Feb 201608,68726.472.06$17,927
Jan 201609,36227.352.36$22,135
Dec 201509,76432.362.00$19,542
Nov 201509,70238.792.17$21,027
Oct 2015010,08343.552.43$24,467
Sep 201509,65442.992.76$26,630
Aug 2015010,04840.162.87$28,863
Jul 2015010,05948.152.95$29,625
Jun 2015010,10256.152.88$29,123
May 2015010,02655.212.96$29,631
Apr 201509,87549.822.71$26,727
Mar 2015010,26742.892.93$30,131
Feb 201509,31844.662.98$27,732
Jan 2015010,39243.433.10$32,222
Dec 2014010,36454.693.59$37,221
Nov 201409,82570.464.25$41,774
Oct 2014010,09378.303.90$39,372
Sep 2014010,08986.164.05$40,814
Aug 2014011,18289.394.04$45,121
Jul 2014011,28796.564.18$47,175
Jun 2014010,77498.164.74$51,035
May 2014010,84694.734.73$51,264
Apr 2014010,57695.944.81$50,861
Mar 2014010,92895.895.06$55,261
Feb 2014010,88997.406.19$67,425
Jan 2014012,55390.404.86$61,017
Dec 2013012,94891.824.35$56,382
Nov 2013011,89088.853.74$44,448
Oct 2013012,67397.423.78$47,896
Sep 2013012,191104.113.72$45,323
Aug 2013013,037104.253.52$45,924
Jul 2013013,680102.523.72$50,859
Jun 2013015,05894.403.93$59,229
May 2013017,00394.834.15$70,547
Apr 201308,78393.964.28$37,614
Mar 201308,74293.623.91$34,206
Feb 201307,49391.233.42$25,625
Jan 201308,46591.603.42$28,950
Dec 201208,30186.773.42$28,391
Nov 201208,01686.953.62$29,058
Oct 201208,15489.383.40$27,721
Sep 201207,73894.672.92$22,583
Aug 201208,11092.662.91$23,585
Jul 201208,30385.133.02$25,082
Jun 201208,01479.822.52$20,188
May 201208,19991.612.49$20,402
Apr 201208,091101.652.00$16,156
Mar 201208,517105.052.22$18,925
Feb 201208,191101.102.57$21,053
Jan 201208,67398.092.73$23,713
Dec 201108,64796.873.24$28,014
Nov 201108,91595.723.31$29,520
Oct 201109,18784.983.65$33,519
Sep 201108,74583.623.99$34,856
Aug 201109,21383.404.15$38,228
Jul 201109,30194.144.52$42,015
Jun 201109,41392.904.64$43,675
May 201106,79498.134.40$29,926
Apr 201108,770105.964.33$38,003
Mar 201109,29496.364.06$37,709
Feb 2011010,03485.644.18$41,942
Jan 2011011,04986.504.59$50,701
Dec 2010010,89985.734.35$47,386
Nov 2010010,30780.843.80$39,118
Oct 2010010,52378.103.51$36,924
Sep 2010010,22472.633.98$40,686
Aug 2010010,75673.684.42$47,535
Jul 2010010,91272.554.74$51,685
Jun 2010011,22070.364.91$55,095
May 2010011,81671.124.24$50,043
Apr 2010011,48381.694.12$47,341
Mar 2010012,27978.394.39$53,888
Feb 2010011,33473.585.44$61,684
Jan 2010012,32374.365.96$73,495
Dec 2009011,33671.445.48$62,164
Nov 2009011,79974.593.75$44,264
Oct 2009012,35272.544.11$50,770
Sep 2009012,29565.543.06$37,681
Aug 2009011,60767.423.22$37,357
Jul 2009012,10361.133.46$41,931
Jun 2009011,27266.163.90$43,904
May 2009011,20054.743.93$43,968
Apr 2009011,58446.773.59$41,558
Mar 2009012,11242.144.06$49,163
Feb 2009010,90132.814.63$50,504
Jan 2009012,43735.865.37$66,799
Dec 2008013,62137.105.98$81,415
Nov 2008013,95155.496.86$95,709
Oct 2008014,68075.246.92$101,615
Sep 2008010,294101.767.88$81,087
Aug 2008012,343114.228.48$104,706
Jul 2008012,678131.0811.39$144,395
Jun 2008011,788131.3313.03$153,629
May 2008012,181123.1711.57$140,986
Apr 2008112,065110.3110.45$126,248
Mar 2008012,759101.909.66$123,304
Feb 2008010,95492.538.77$96,073
Jan 2008011,25490.388.21$92,347
Dec 2007012,24088.337.30$89,376
Nov 2007010,39491.677.29$75,790
Oct 2007013,35882.856.92$92,464
Sep 2007012,77975.846.24$79,794
Aug 2007012,23469.066.39$78,150
Jul 2007013,96770.906.39$89,220
Jun 2007014,27262.007.55$107,731
May 2007013,95558.747.85$109,495
Apr 2007014,21059.617.81$110,912
Mar 2007013,17156.927.30$96,174
Feb 200709,68255.108.22$79,547
Jan 2007012,25150.306.73$82,411
Dec 2006212,42656.656.92$86,082
Nov 2006012,80454.207.62$97,534
Oct 2006014,21254.906.01$85,468
Sep 2006014,92560.085.04$75,180
Aug 2006013,10268.717.34$96,168
Jul 2006012,78069.376.34$81,060
Jun 2006012,34366.286.38$78,796
May 2006012,78166.016.42$82,118
Apr 2006012,55464.397.36$92,403
Mar 2006113,78156.707.08$97,666
Feb 200619,55957.597.75$74,151
Jan 2006013,24260.598.93$118,295
Dec 2005014,26754.9413.42$191,398
Nov 2005012,65854.6910.59$134,028
Oct 2005014,67358.3413.80$202,425
Sep 2005114,21361.4512.08$171,740
Aug 2005014,74661.519.80$144,464
Jul 2005014,97555.697.84$117,459
Jun 2005014,11852.337.38$104,206
May 2005013,83245.226.65$91,999
Apr 2005013,96549.207.36$102,789
Mar 2005014,45650.377.15$103,431
Feb 2005014,05045.226.31$88,682
Jan 2005016,26143.166.32$102,805
Dec 2004015,22039.866.75$102,751
Nov 2004014,85945.286.33$94,064
Oct 2004013,79449.706.52$89,869
Sep 2004014,49043.245.28$76,564
Aug 2004015,33342.375.55$85,108
Jul 2004116,21138.286.08$98,669
Jun 2004016,08436.106.43$103,469
May 2004017,17637.486.49$111,551
Apr 2004015,86534.475.86$92,944
Mar 2004015,94134.365.53$88,156
Feb 2004019,44232.455.51$107,118
Jan 2004014,97532.036.30$94,337
Dec 2003015,33530.266.30$96,636
Nov 2003016,83928.804.60$77,378
Oct 2003017,35328.174.76$82,594
Sep 2003017,44626.314.75$82,857
Aug 2003020,61429.765.13$105,744
Jul 2003011,98929.415.17$61,993
Jun 2003017,50028.565.98$104,702
May 2003018,15626.595.97$108,440
Apr 2003017,73326.675.41$95,887
Mar 2003019,84331.146.10$120,964
Feb 2003017,04433.487.93$135,089
Jan 2003020,34630.315.58$113,572
Dec 2002015,68426.914.85$76,126
Nov 2002019,40224.664.14$80,265
Oct 2002021,36726.464.23$90,364
Sep 2002019,84727.443.64$72,148
Aug 2002021,28625.963.16$67,352
Jul 2002021,26624.583.06$65,111
Jun 2002020,72423.733.34$69,182
May 2002020,62324.663.58$73,913
Apr 2002018,66923.653.51$65,572
Mar 2002022,19722.003.10$68,871
Feb 2002020,77218.222.38$49,348
Jan 2002019,88517.172.38$47,240
Dec 2001031,96416.932.36$75,576
Nov 2001024,19618.072.41$58,204
Oct 2001019,59119.782.53$49,543
Sep 2001017,65324.262.25$39,743
Aug 2001022,65724.873.05$69,175
Jul 2001023,22523.933.20$74,252
Jun 2001024,10824.563.82$92,193
May 2001026,36325.524.31$113,554
Apr 2001028,22624.685.34$150,595
Mar 2001036,36124.545.38$195,493
Feb 2001020,88227.755.77$120,428
Jan 2001017,76827.478.40$149,229
Dec 2000020,81126.889.12$189,848
Nov 2000023,38332.215.66$132,301
Oct 2000020,77631.235.15$106,903
Sep 2000021,57731.875.19$111,909
Aug 2000023,47829.644.54$106,608
Jul 2000024,92128.534.09$101,921
Jun 2000022,63229.304.40$99,519
May 2000023,25327.263.68$85,565
Apr 2000023,51524.513.12$73,273
Mar 2000026,77228.422.86$76,561
Feb 2000023,22727.622.73$63,328
Jan 2000024,06825.272.48$59,701
Dec 1999026,68324.282.42$64,672
Nov 1999025,82123.192.43$62,848
Oct 1999026,11920.982.80$73,230
Sep 1999026,16721.752.62$68,527
Aug 1999025,85419.262.88$74,346
Jul 1999027,12817.892.37$64,358
Jun 1999027,69115.942.36$65,409
May 1999028,43715.792.32$66,003
Apr 1999028,56615.102.21$63,075
Mar 1999028,91312.471.84$53,152
Feb 1999027,1839.981.82$49,413
Jan 1999028,69410.381.90$54,517
Dec 1998028,5119.201.77$50,559
Nov 1998027,10910.892.19$59,253
Oct 1998034,73912.421.97$68,408
Sep 1998029,64412.592.08$61,737
Aug 1998036,22811.301.91$69,099
Jul 1998033,53811.742.24$75,034
Jun 1998038,42611.242.24$85,969
May 1998033,72812.622.21$74,415
Apr 1998036,51813.042.51$91,490
Mar 1998040,09512.802.31$92,597
Feb 1998036,83413.952.30$84,686
Jan 1998041,17214.702.15$88,717
Dec 1997043,84716.322.41$105,720
Nov 1997045,66118.193.09$141,013
Oct 1997045,49519.253.15$143,301
Sep 1997046,20617.742.95$136,533
Aug 1997052,10117.862.55$133,105
Jul 1997057,10917.582.25$128,321
Jun 199718363,57917.242.26$146,665
May 1997380,25818.972.31$185,333
Apr 1997451,74817.882.08$107,851
Mar 1997131,18718.951.94$60,495
Feb 1997045,06620.492.21$99,411
Jan 1997163,78523.483.54$225,803
Dec 1996179,76023.32$23
Nov 1996184,13821.97$22
Oct 1996294,97723.31$47
Sep 1996388,69522.22$67
Aug 199685115,34420.26$1,722
Jul 1996173,12719.55$20
Jun 1996073,05518.73$0
May 19960105,28719.43$0
Apr 19960200,41721.51$0
Mar 19960141,04419.38$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                6,644 Mcf  × $  3.05 =    $20,237

────────────────────────────────────────────────────
Month total                                  $20,237

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/159090 is the state's own key, not one this site invented.