NEUMANN 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 159991District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$87.2 M
Jul 1996 – May 2026
Value, last 12 filed months
$581 k
at the published price for each month
Months reported
359
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 Gas111996-11-20135677
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
CondensateDisposition290 bbl$9,263
GasProduction34,990,223 Mcf$87,143,257
Total$87,152,521

7,666,282 Mcf of this lease's gas, across 5 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 30.2061, -96.4200. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.20610, -96.41995 · 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
18,111 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 18,111 ft.

Completions filed
Jul 1996
1 of 1 wells

1 well

42-47730823118,111 ftJul 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 (359)

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

359 months

May 2026212,001106.413.05$36,766
Apr 202609,71498.932.87$27,876
Mar 2026112,81789.753.15$40,456
Feb 2026011,82763.503.75$44,355
Jan 2026214,04859.138.00$112,473
Dec 2025012,66456.664.41$55,891
Nov 2025013,75158.593.93$53,992
Oct 2025114,10359.383.30$46,668
Sep 2025114,32362.743.08$44,133
Aug 2025110,07363.933.01$30,432
Jul 2025013,62166.743.32$45,156
Jun 2025113,76866.483.13$43,143
May 2025114,19160.553.23$45,930
Apr 2025013,11062.363.54$46,450
Mar 2025213,77667.704.27$58,936
Feb 2025112,61370.884.34$54,822
Jan 2025113,84874.324.28$59,325
Dec 2024014,21368.993.12$44,364
Nov 2024213,19169.052.20$29,138
Oct 2024114,42971.372.28$32,990
Sep 2024012,73569.612.36$30,110
Aug 2024014,29475.632.06$29,498
Jul 2024014,61079.932.15$31,362
Jun 2024014,12078.082.63$37,192
May 2024215,48278.812.20$34,194
Apr 2024013,31584.451.66$22,092
Mar 2024017,73080.301.55$27,395
Feb 202426,82976.091.78$12,333
Jan 2024011,88173.023.30$39,180
Dec 2023015,03171.262.61$39,242
Nov 2023011,67777.892.81$32,784
Oct 2023115,85185.443.09$49,022
Sep 2023014,95689.042.74$40,905
Aug 202317,15380.522.67$19,200
Jul 2023015,10174.852.64$39,894
Jun 2023314,22868.962.26$32,341
May 2023010,36370.622.23$23,083
Apr 2023014,16378.122.24$31,693
Mar 2023214,63072.852.39$35,158
Feb 2023013,38375.112.47$32,998
Jan 2023015,08876.533.39$51,114
Dec 2022113,51076.415.73$77,476
Nov 2022015,00785.005.65$84,733
Oct 2022015,88187.185.86$93,122
Sep 2022217,27884.888.16$141,222
Aug 202204,07294.529.13$37,166
Jul 2022114,118101.587.54$106,581
Jun 2022315,961115.097.98$127,669
May 2022012,422109.378.43$104,755
Apr 2022112,218104.226.84$83,646
Mar 2022914,076108.885.08$72,435
Feb 2022214,09491.054.86$68,663
Jan 2022016,36081.844.54$74,236
Dec 2021216,76871.323.90$65,523
Nov 2021013,83377.435.24$72,441
Oct 2021016,00179.795.71$91,428
Sep 2021015,55569.865.35$83,234
Aug 2021013,72766.024.22$57,936
Jul 2021012,11170.783.98$48,227
Jun 2021011,64269.493.38$39,357
May 2021010,90163.483.02$32,896
Apr 2021012,92760.362.76$35,658
Mar 2021013,36261.302.72$36,304
Feb 2021010,30457.805.55$57,166
Jan 2021011,32450.412.81$31,824
Dec 2020013,03944.642.68$34,885
Nov 2020011,64238.772.71$31,510
Oct 2020013,88236.972.48$34,406
Sep 2020011,01437.091.99$21,929
Aug 2020013,03439.982.39$31,087
Jul 2020014,27338.371.83$26,050
Jun 2020014,25834.901.69$24,100
May 202006,25916.921.81$11,359
Apr 202009,86014.751.80$17,791
Mar 2020013,39930.341.86$24,872
Feb 2020012,77049.881.98$25,293
Jan 2020014,70657.252.09$30,805
Dec 2019015,68859.012.30$36,151
Nov 201907,38355.302.75$20,308
Oct 2019011,61453.472.42$28,089
Sep 201909,50955.052.66$25,268
Aug 2019012,15353.112.30$28,005
Jul 2019016,32056.272.46$40,148
Jun 201909,18852.782.49$22,889
May 2019016,16758.482.74$44,303
Apr 2019013,83662.632.75$38,059
Mar 2019016,35056.803.06$50,065
Feb 2019012,51550.852.79$34,945
Jan 2019012,95246.033.23$41,811
Dec 2018013,79646.594.19$57,742
Nov 2018015,68052.934.24$66,440
Oct 2018014,77261.443.40$50,196
Sep 2018015,11259.543.11$46,968
Aug 2018013,57059.403.07$41,613
Jul 2018011,47565.142.93$33,643
Jun 2018016,86460.183.08$51,889
May 2018011,75365.382.90$34,093
Apr 2018016,66863.842.90$48,351
Mar 2018022,07261.222.79$61,511
Feb 201807,96861.782.77$22,040
Jan 201808,64662.874.01$34,665
Dec 2017016,09457.272.92$47,019
Nov 2017016,58055.423.12$51,702
Oct 2017014,88949.292.98$44,424
Sep 201705,10447.523.09$15,757
Aug 2017011,45045.373.00$34,400
Jul 2017015,28243.873.09$47,180
Jun 2017015,05442.493.09$46,476
May 2017016,05745.373.26$52,400
Apr 2017015,88847.933.21$51,026
Mar 2017016,63646.772.98$49,637
Feb 2017015,49250.452.95$45,742
Jan 2017018,66849.413.42$63,822
Dec 2016024,15348.763.72$89,918
Nov 2016010,91442.492.64$28,860
Oct 201606,39546.193.09$19,762
Sep 201608,53741.553.10$26,470
Aug 201607,76541.442.92$22,708
Jul 2016010,11941.622.92$29,591
Jun 2016011,15445.352.69$29,958
May 2016013,50142.521.99$26,881
Apr 2016014,51536.561.99$28,900
Mar 2016016,34333.011.79$29,320
Feb 2016015,29026.472.06$31,553
Jan 2016015,57727.352.36$36,830
Dec 2015014,25032.362.00$28,520
Nov 2015013,44338.792.17$29,135
Oct 2015014,45643.552.43$35,079
Sep 2015014,43242.992.76$39,810
Aug 2015015,93240.162.87$45,765
Jul 2015015,99548.152.95$47,107
Jun 2015015,70256.152.88$45,267
May 2015015,77855.212.96$46,631
Apr 2015014,38049.822.71$38,920
Mar 2015015,35342.892.93$45,057
Feb 2015015,25944.662.98$45,414
Jan 2015016,39243.433.10$50,826
Dec 2014017,16254.693.59$61,635
Nov 2014016,17670.464.25$68,778
Oct 2014018,03378.303.90$70,346
Sep 2014017,93086.164.05$72,535
Aug 2014017,56689.394.04$70,881
Jul 2014017,50796.564.18$73,172
Jun 2014017,79498.164.74$84,288
May 2014018,52694.734.73$87,564
Apr 2014016,77795.944.81$80,683
Mar 2014016,27395.895.06$82,289
Feb 2014015,13697.406.19$93,722
Jan 2014016,44790.404.86$79,944
Dec 2013016,32591.824.35$71,087
Nov 2013015,45088.853.74$57,756
Oct 2013016,17497.423.78$61,127
Sep 2013016,043104.113.72$59,644
Aug 2013016,608104.253.52$58,504
Jul 2013016,216102.523.72$60,287
Jun 2013016,26394.403.93$63,969
May 2013016,52594.834.15$68,564
Apr 2013015,95993.964.28$68,346
Mar 2013016,88393.623.91$66,061
Feb 2013014,72891.233.42$50,368
Jan 2013016,28091.603.42$55,676
Dec 2012016,31386.773.42$55,793
Nov 2012016,15586.953.62$58,561
Oct 2012016,27089.383.40$55,313
Sep 2012016,79594.672.92$49,015
Aug 2012017,81892.662.91$51,818
Jul 2012018,58085.133.02$56,126
Jun 2012019,09279.822.52$48,094
May 2012021,19991.612.49$52,750
Apr 2012020,072101.652.00$40,080
Mar 2012020,679105.052.22$45,950
Feb 2012020,460101.102.57$52,587
Jan 2012023,74498.092.73$64,918
Dec 2011018,48496.873.24$59,883
Nov 2011023,19595.723.31$76,805
Oct 2011014,49084.983.65$52,867
Sep 2011017,15783.623.99$68,384
Aug 2011021,28383.404.15$88,310
Jul 2011023,37694.144.52$105,595
Jun 2011019,07892.904.64$88,520
May 2011021,13198.134.40$93,078
Apr 2011020,933105.964.33$90,709
Mar 2011021,71096.364.06$88,085
Feb 2011020,73285.644.18$86,659
Jan 2011023,48586.504.59$107,768
Dec 2010021,89485.734.35$95,190
Nov 2010022,23180.843.80$84,374
Oct 2010023,39278.103.51$82,080
Sep 2010022,76572.633.98$90,593
Aug 2010024,47773.684.42$108,173
Jul 2010025,62572.554.74$121,373
Jun 2010024,94870.364.91$122,505
May 2010024,89771.124.24$105,444
Apr 2010022,57481.694.12$93,066
Mar 2010024,19378.394.39$106,175
Feb 2010022,93973.585.44$124,842
Jan 2010022,21074.365.96$132,462
Dec 2009025,51371.445.48$139,907
Nov 2009026,15574.593.75$98,120
Oct 2009029,21772.544.11$120,089
Sep 2009027,25065.543.06$83,514
Aug 2009022,97967.423.22$73,958
Jul 2009018,98661.133.46$65,777
Jun 2009015,90666.163.90$61,954
May 2009021,95054.743.93$86,170
Apr 2009024,98246.773.59$89,623
Mar 2009026,06742.144.06$105,806
Feb 2009024,14632.814.63$111,868
Jan 2009026,49735.865.37$142,315
Dec 2008026,19937.105.98$156,595
Nov 2008026,22655.496.86$179,920
Oct 2008027,45175.246.92$190,015
Sep 2008023,172101.767.88$182,528
Aug 2008029,039114.228.48$246,338
Jul 2008029,836131.0811.39$339,815
Jun 2008026,786131.3313.03$349,092
May 2008027,542123.1711.57$318,779
Apr 2008027,467110.3110.45$287,164
Mar 2008028,179101.909.66$272,324
Feb 2008025,79392.538.77$226,220
Jan 2008030,09590.388.21$246,951
Dec 2007031,92688.337.30$233,123
Nov 2007032,74491.677.29$238,759
Oct 2007035,15782.856.92$243,356
Sep 2007016,89875.846.24$105,514
Aug 2007027,80069.066.39$177,585
Jul 2007032,30570.906.39$206,362
Jun 2007031,37462.007.55$236,825
May 2007033,14058.747.85$260,026
Apr 2007032,25659.617.81$251,765
Mar 2007034,78456.927.30$253,992
Feb 2007029,61055.108.22$243,276
Jan 2007035,31550.306.73$237,559
Dec 2006034,47456.656.92$238,506
Nov 2006032,77654.207.62$249,671
Oct 2006036,18454.906.01$217,603
Sep 2006036,15860.085.04$182,135
Aug 2006039,72168.717.34$291,549
Jul 2006040,50769.376.34$256,926
Jun 2006023,32166.286.38$148,878
May 2006036,59066.016.42$235,091
Apr 2006037,30064.397.36$274,546
Mar 2006020,22656.707.08$143,259
Feb 2006036,82057.597.75$285,396
Jan 2006045,41160.598.93$405,671
Dec 2005032,12754.9413.42$430,997
Nov 2005040,42454.6910.59$428,025
Oct 2005539,31458.3413.80$542,658
Sep 2005044,61261.4512.08$538,868
Aug 2005028,34861.519.80$277,721
Jul 2005016,13955.697.84$126,589
Jun 2005028,19552.337.38$208,108
May 2005043,43845.226.65$288,913
Apr 2005039,60149.207.36$291,482
Mar 2005044,37750.377.15$317,512
Feb 2005040,69345.226.31$256,851
Jan 2005040,93843.166.32$258,818
Dec 2004043,31739.866.75$292,437
Nov 2004043,21845.286.33$273,588
Oct 2004045,13749.706.52$294,072
Sep 2004045,70743.245.28$241,511
Aug 2004048,07442.375.55$266,842
Jul 2004048,70538.286.08$296,330
Jun 2004047,25836.106.43$304,012
May 2004046,68937.486.49$303,225
Apr 2004050,30734.475.86$294,722
Mar 2004052,86634.365.53$292,356
Feb 2004050,31732.455.51$277,228
Jan 2004055,00632.036.30$346,518
Dec 2003056,86430.266.30$358,336
Nov 2003055,34928.804.60$254,338
Oct 2003057,14428.174.76$271,985
Sep 2003057,58526.314.75$273,492
Aug 2003059,01229.765.13$302,715
Jul 2003059,79329.415.17$309,180
Jun 2003058,94128.565.98$352,642
May 2003062,37826.595.97$372,564
Apr 2003060,98126.675.41$329,741
Mar 2003064,30731.146.10$392,018
Feb 2003058,88133.487.93$466,684
Jan 2003066,63630.315.58$371,965
Dec 2002570,84226.914.85$343,985
Nov 2002072,13024.664.14$298,399
Oct 2002081,43526.464.23$344,398
Sep 2002786,12027.443.64$313,256
Aug 20024346,14225.963.16$147,117
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002024,35023.653.51$85,525
Mar 2002785,72222.003.10$266,125
Feb 2002879,54018.222.38$189,107
Jan 2002093,32617.172.38$221,713
Dec 200111106,98516.932.36$253,142
Nov 200110105,20218.072.41$253,246
Oct 200110112,46919.782.53$284,618
Sep 2001088,89424.262.25$200,129
Aug 2001084,55024.873.05$258,145
Jul 2001988,54023.933.20$283,285
Jun 2001692,15924.563.82$352,578
May 2001092,99225.524.31$400,546
Apr 2001095,10924.685.34$507,437
Mar 20016109,02724.545.38$586,324
Feb 2001075,14227.755.77$433,350
Jan 2001084,08327.478.40$706,193
Dec 2000057,27426.889.12$522,482
Nov 20000032.215.66$0
Oct 2000084,36331.235.15$434,090
Sep 2000081,40131.875.19$422,186
Aug 2000092,16329.644.54$418,489
Jul 2000097,99228.534.09$400,763
Jun 2000594,97829.304.40$417,789
May 2000099,28727.263.68$365,351
Apr 20000100,55324.513.12$313,323
Mar 20000108,04628.422.86$308,985
Feb 20000105,82927.622.73$288,543
Jan 20000106,51525.272.48$264,210
Dec 19990125,49224.282.42$304,157
Nov 19990120,25323.192.43$292,695
Oct 19990133,34920.982.80$373,872
Sep 19990135,90021.752.62$355,902
Aug 19990149,85419.262.88$430,920
Jul 19990160,32617.892.37$380,353
Jun 19990162,19415.942.36$383,118
May 19990204,14615.792.32$473,827
Apr 19990223,03315.102.21$492,468
Mar 19995225,27612.471.84$414,194
Feb 19999234,8829.981.82$427,056
Jan 19990268,12510.381.90$509,424
Dec 19980286,1629.201.77$507,457
Nov 19985010.892.19$54
Oct 199813319,14612.421.97$628,627
Sep 19980324,77312.592.08$676,379
Aug 19980355,22311.301.91$677,535
Jul 19980375,29311.742.24$839,632
Jun 19980378,20411.242.24$846,144
May 19980398,04112.622.21$878,214
Apr 19980398,80613.042.51$999,141
Mar 19980427,05312.802.31$986,253
Feb 199810412,63913.952.30$948,850
Jan 199816490,95314.702.15$1,058,136
Dec 19970561,95816.322.41$1,354,937
Nov 19970591,78418.193.09$1,827,583
Oct 19970662,14619.253.15$2,085,641
Sep 19970723,81717.742.95$2,138,792
Aug 19970791,04617.862.55$2,020,917
Jul 19970908,92017.582.25$2,042,289
Jun 19970938,28017.242.26$2,117,886
May 199701,142,23418.972.31$2,636,847
Apr 199711,253,78617.882.08$2,611,378
Mar 199711,469,07318.951.94$2,848,757
Feb 1997111,465,70020.492.21$3,233,413
Jan 199781,555,68023.483.54$5,506,828
Dec 199601,745,58923.32$0
Nov 1996231,673,85921.97$505
Oct 199601,787,64523.31$0
Sep 199671,638,59522.22$156
Aug 19960820,59420.26$0
Jul 19960019.55$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             2 bbl  × $106.41 =       $213
Gas               12,001 Mcf  × $  3.05 =    $36,553

────────────────────────────────────────────────────
Month total                                  $36,766

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/159991 is the state's own key, not one this site invented.