BUSHMAN

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 159460District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$692 k
Jun 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
360
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 Gas111996-09-19135181
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
CondensateDisposition12,658 bbl$258,184
GasProduction367,126 Mcf$433,409
Total$691,594

239,633 Mcf of this lease's gas, across 7 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 30.5659, -95.9730. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.56587, -95.97299 · 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
15,774 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 15,774 ft.

Completions filed
Jun 1996
1 of 1 wells

1 well

42-185305681H15,774 ftJun 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 (360)

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

360 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
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 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 20120136101.652.00$272
Mar 2012930105.052.22$9,770
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011017492.904.64$807
May 201109698.134.40$423
Apr 2011065105.964.33$282
Mar 201105396.364.06$215
Feb 201104185.644.18$171
Jan 201106086.504.59$275
Dec 201003585.734.35$152
Nov 201003080.843.80$114
Oct 201005278.103.51$182
Sep 20100072.633.98$0
Aug 201008373.684.42$367
Jul 2010016372.554.74$772
Jun 201006970.364.91$339
May 201004771.124.24$199
Apr 201009481.694.12$388
Mar 201005278.394.39$228
Feb 201005373.585.44$288
Jan 201005974.365.96$352
Dec 200903171.445.48$170
Nov 200907174.593.75$266
Oct 200904172.544.11$169
Sep 200903865.543.06$116
Aug 200902567.423.22$80
Jul 2009162561.133.46$1,065
Jun 200907566.163.90$292
May 200907454.743.93$291
Apr 2009012046.773.59$431
Mar 200901,09942.144.06$4,461
Feb 200908432.814.63$389
Jan 2009045635.865.37$2,449
Dec 2008011037.105.98$657
Nov 2008024855.496.86$1,701
Oct 2008042575.246.92$2,942
Sep 20080421101.767.88$3,316
Aug 20080599114.228.48$5,081
Jul 20080124131.0811.39$1,412
Jun 20080113131.3313.03$1,473
May 20080118123.1711.57$1,366
Apr 20080151110.3110.45$1,579
Mar 20080134101.909.66$1,295
Feb 2008085792.538.77$7,516
Jan 2008069790.388.21$5,719
Dec 2007069388.337.30$5,060
Nov 2007015791.677.29$1,145
Oct 2007012082.856.92$831
Sep 200708175.846.24$506
Aug 2007012469.066.39$792
Jul 2007012570.906.39$798
Jun 2007027862.007.55$2,098
May 200701,10258.747.85$8,647
Apr 2007017759.617.81$1,382
Mar 2007072556.927.30$5,294
Feb 200721,15255.108.22$9,575
Jan 2007084350.306.73$5,671
Dec 2006018156.656.92$1,252
Nov 2006016654.207.62$1,265
Oct 2006030254.906.01$1,816
Sep 2006046660.085.04$2,347
Aug 200601,35468.717.34$9,938
Jul 2006111569.376.34$799
Jun 2006033466.286.38$2,132
May 2006023166.016.42$1,484
Apr 2006022964.397.36$1,686
Mar 2006019556.707.08$1,381
Feb 2006016657.597.75$1,287
Jan 2006020660.598.93$1,840
Dec 20050654.9413.42$80
Nov 200509854.6910.59$1,038
Oct 2005314058.3413.80$2,360
Sep 20050561.4512.08$60
Aug 2005021761.519.80$2,126
Jul 20050055.697.84$0
Jun 2005018552.337.38$1,365
May 2005017745.226.65$1,177
Apr 2005021149.207.36$1,553
Mar 2005032550.377.15$2,325
Feb 2005035045.226.31$2,209
Jan 2005028843.166.32$1,821
Dec 2004016439.866.75$1,107
Nov 2004036045.286.33$2,279
Oct 200403249.706.52$208
Sep 2004016843.245.28$888
Aug 2004028942.375.55$1,604
Jul 200406238.286.08$377
Jun 2004028836.106.43$1,853
May 2004024637.486.49$1,598
Apr 2004076734.475.86$4,493
Mar 2004040434.365.53$2,234
Feb 200408932.455.51$490
Jan 2004031632.036.30$1,991
Dec 2003037430.266.30$2,357
Nov 2003040828.804.60$1,875
Oct 2003049128.174.76$2,337
Sep 2003059426.314.75$2,821
Aug 2003054629.765.13$2,801
Jul 200301,31829.415.17$6,815
Jun 2003066728.565.98$3,991
May 2003052426.595.97$3,130
Apr 2003026926.675.41$1,455
Mar 2003060431.146.10$3,682
Feb 2003026333.487.93$2,085
Jan 2003019530.315.58$1,089
Dec 2002029026.914.85$1,408
Nov 2002023424.664.14$968
Oct 2002037226.464.23$1,573
Sep 2002033027.443.64$1,200
Aug 2002030025.963.16$949
Jul 2002037124.583.06$1,136
Jun 200205623.733.34$187
May 2002070324.663.58$2,520
Apr 2002025323.653.51$889
Mar 200218142122.003.10$5,288
Feb 200202118.222.38$50
Jan 2002027317.172.38$649
Dec 2001026116.932.36$617
Nov 2001012518.072.41$301
Oct 2001024719.782.53$625
Sep 200101,08424.262.25$2,440
Aug 20010024.873.05$0
Jul 2001014823.933.20$473
Jun 200106624.563.82$252
May 2001014425.524.31$620
Apr 2001020124.685.34$1,072
Mar 2001018824.545.38$1,011
Feb 2001022327.755.77$1,286
Jan 2001028827.478.40$2,419
Dec 2000021926.889.12$1,998
Nov 200018230532.215.66$7,588
Oct 2000064731.235.15$3,329
Sep 2000046831.875.19$2,427
Aug 2000035229.644.54$1,598
Jul 2000050028.534.09$2,045
Jun 2000050929.304.40$2,238
May 2000042527.263.68$1,564
Apr 200001,73924.513.12$5,419
Mar 200001528.422.86$43
Feb 2000018827.622.73$513
Jan 20000025.272.48$0
Dec 19991821,29124.282.42$7,548
Nov 1999038923.192.43$947
Oct 1999017720.982.80$496
Sep 1999027421.752.62$718
Aug 1999075219.262.88$2,162
Jul 1999085217.892.37$2,021
Jun 1999090715.942.36$2,142
May 1999076315.792.32$1,771
Apr 199912799715.102.21$4,119
Mar 19991821,03012.471.84$4,163
Feb 199901,2939.981.82$2,350
Jan 199901,53010.381.90$2,907
Dec 199801,2379.201.77$2,194
Nov 19981812,50010.892.19$7,435
Oct 199803,05912.421.97$6,024
Sep 19981784,52012.592.08$11,654
Aug 199805,27311.301.91$10,057
Jul 19983535,97711.742.24$17,516
Jun 1998077411.242.24$1,732
May 1998062312.622.21$1,375
Apr 19981771,02313.042.51$4,871
Mar 199801,03412.802.31$2,388
Feb 1998058513.952.30$1,345
Jan 19981831,49514.702.15$5,912
Dec 199701,38716.322.41$3,344
Nov 19971801,98318.193.09$9,398
Oct 199702,52119.253.15$7,941
Sep 19971772,25017.742.95$9,788
Aug 19971673,23817.862.55$11,255
Jul 19971734,56017.582.25$13,287
Jun 19971804,62617.242.26$13,545
May 19971844,11618.972.31$12,992
Apr 19971826,07617.882.08$15,909
Mar 199736511,16618.951.94$28,569
Feb 19971791,75220.492.21$7,532
Jan 19973605,13723.483.54$26,636
Dec 199637210,71123.32$8,675
Nov 199654513,18921.97$11,974
Oct 199671016,67923.31$16,550
Sep 19961,07123,64722.22$23,798
Aug 19961,23339,38320.26$24,981
Jul 19962,25962,75319.55$44,163
Jun 19962,25273,27118.73$42,180

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 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $101.65 =         $0
Gas                  136 Mcf  × $  2.00 =       $272

────────────────────────────────────────────────────
Month total                                     $272

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/159460 is the state's own key, not one this site invented.