JEB

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

Gas lease lease 160133District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Jun 1996 – Feb 2024
Value, last 12 filed months
$308
at the published price for each month
Months reported
333
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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 Gas111996-11-18135577
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
CondensateDisposition62,476 bbl$1,303,942
GasProduction3,266,098 Mcf$5,652,519
Total$6,956,461

1,493,446 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 30.5455, -96.0257. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.54555, -96.02568 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
16,320 ft
1 wells filed one
Completion to plug
27.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 16,320 ft.

Completions filed
Jun 1996
1 of 1 wells
Plug dates filed
Nov 2023
1 of 1 wells

Last completion to plug: a median of 27.4 years across the 1 well that filed both dates, with the middle half between 27.4 years and 27.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-185305751H16,320 ftJun 1996Nov 2023Yes

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 (333)

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

333 months

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 20230374.852.64$8
Jun 202301168.962.26$25
May 20230670.622.23$13
Apr 20230778.122.24$16
Mar 2023010372.852.39$247
Feb 202307475.112.47$182
Jan 202305576.533.39$186
Dec 202201776.415.73$97
Nov 202206185.005.65$344
Oct 202207987.185.86$463
Sep 2022011584.888.16$939
Aug 2022015094.529.13$1,369
Jul 20220157101.587.54$1,184
Jun 20220153115.097.98$1,221
May 20220172109.378.43$1,450
Apr 20220467104.226.84$3,193
Mar 20220672108.885.08$3,411
Feb 2022010691.054.86$515
Jan 2022094581.844.54$4,288
Dec 2021077871.323.90$3,034
Nov 2021071277.435.24$3,729
Oct 2021064979.795.71$3,708
Sep 2021058669.865.35$3,136
Aug 2021068666.024.22$2,895
Jul 2021069470.783.98$2,764
Jun 2021057369.493.38$1,937
May 202101,02463.483.02$3,090
Apr 2021044360.362.76$1,222
Mar 2021086961.302.72$2,361
Feb 2021050857.805.55$2,818
Jan 2021045250.412.81$1,270
Dec 2020059944.642.68$1,603
Nov 202001,61438.772.71$4,368
Oct 2020039036.972.48$967
Sep 2020057137.091.99$1,137
Aug 2020044439.982.39$1,059
Jul 2020045638.371.83$832
Jun 2020040934.901.69$691
May 2020037216.921.81$675
Apr 2020030614.751.80$552
Mar 2020012330.341.86$228
Feb 2020022349.881.98$442
Jan 2020023157.252.09$484
Dec 2019020759.012.30$477
Nov 2019020455.302.75$561
Oct 2019015553.472.42$375
Sep 2019077255.052.66$2,051
Aug 20190053.112.30$0
Jul 201911713756.272.46$6,921
Jun 2019053452.782.49$1,330
May 2019050658.482.74$1,387
Apr 2019052962.632.75$1,455
Mar 2019070356.803.06$2,153
Feb 2019055150.852.79$1,539
Jan 2019048946.033.23$1,579
Dec 2018053046.594.19$2,218
Nov 2018057352.934.24$2,428
Oct 2018065561.443.40$2,226
Sep 2018049559.543.11$1,538
Aug 2018049459.403.07$1,515
Jul 2018061265.142.93$1,794
Jun 2018050760.183.08$1,560
May 2018055165.382.90$1,598
Apr 2018066763.842.90$1,935
Mar 2018054661.222.79$1,522
Feb 2018056361.782.77$1,557
Jan 2018074262.874.01$2,975
Dec 2017052457.272.92$1,531
Nov 2017060655.423.12$1,890
Oct 2017075549.292.98$2,253
Sep 2017067947.523.09$2,096
Aug 201706345.373.00$189
Jul 2017031543.873.09$972
Jun 201705742.493.09$176
May 2017032745.373.26$1,067
Apr 2017035247.933.21$1,130
Mar 2017051946.772.98$1,549
Feb 201703,91850.452.95$11,568
Jan 2017041649.413.42$1,422
Dec 2016043548.763.72$1,619
Nov 2016044442.492.64$1,174
Oct 2016043146.193.09$1,332
Sep 2016039041.553.10$1,209
Aug 2016068841.442.92$2,012
Jul 2016043241.622.92$1,263
Jun 2016035245.352.69$945
May 2016041942.521.99$834
Apr 2016050136.561.99$998
Mar 201632742033.011.79$11,548
Feb 2016013226.472.06$272
Jan 2016032627.352.36$771
Dec 2015045732.362.00$915
Nov 2015041738.792.17$904
Oct 2015043643.552.43$1,058
Sep 2015040642.992.76$1,120
Aug 2015047740.162.87$1,370
Jul 2015052248.152.95$1,537
Jun 2015057356.152.88$1,652
May 2015042155.212.96$1,244
Apr 2015044549.822.71$1,204
Mar 2015068042.892.93$1,996
Feb 2015030044.662.98$893
Jan 2015028143.433.10$871
Dec 2014022154.693.59$794
Nov 2014053770.464.25$2,283
Oct 2014067878.303.90$2,645
Sep 2014053186.164.05$2,148
Aug 2014055389.394.04$2,231
Jul 2014046896.564.18$1,956
Jun 2014071398.164.74$3,377
May 2014045094.734.73$2,127
Apr 2014064795.944.81$3,112
Mar 2014073295.895.06$3,702
Feb 2014062697.406.19$3,876
Jan 2014060390.404.86$2,931
Dec 2013057591.824.35$2,504
Nov 2013053788.853.74$2,007
Oct 2013057997.423.78$2,188
Sep 20130585104.113.72$2,175
Aug 20130768104.253.52$2,705
Jul 20130765102.523.72$2,844
Jun 2013079594.403.93$3,127
May 2013087994.834.15$3,647
Apr 2013076093.964.28$3,255
Mar 2013098093.623.91$3,835
Feb 2013051091.233.42$1,744
Jan 2013090091.603.42$3,078
Dec 2012050586.773.42$1,727
Nov 2012066086.953.62$2,392
Oct 2012073989.383.40$2,512
Sep 2012066194.672.92$1,929
Aug 2012069892.662.91$2,030
Jul 2012071585.133.02$2,160
Jun 2012078379.822.52$1,972
May 2012075291.612.49$1,871
Apr 20120828101.652.00$1,653
Mar 20120837105.052.22$1,860
Feb 20120710101.102.57$1,825
Jan 2012066798.092.73$1,824
Dec 2011076796.873.24$2,485
Nov 2011086495.723.31$2,861
Oct 2011091184.983.65$3,324
Sep 201101,21483.623.99$4,839
Aug 201101,38183.404.15$5,730
Jul 201101,52994.144.52$6,907
Jun 201101,33892.904.64$6,208
May 201101,32498.134.40$5,832
Apr 201101,298105.964.33$5,625
Mar 201101,02696.364.06$4,163
Feb 2011065585.644.18$2,738
Jan 2011072286.504.59$3,313
Dec 2010080585.734.35$3,500
Nov 2010059080.843.80$2,239
Oct 2010068478.103.51$2,400
Sep 2010072272.633.98$2,873
Aug 2010079173.684.42$3,496
Jul 2010079072.554.74$3,742
Jun 2010077770.364.91$3,815
May 2010097271.124.24$4,117
Apr 2010090481.694.12$3,727
Mar 2010063478.394.39$2,782
Feb 2010083173.585.44$4,523
Jan 2010098474.365.96$5,869
Dec 2009078271.445.48$4,288
Nov 2009062874.593.75$2,356
Oct 2009097172.544.11$3,991
Sep 200901,08065.543.06$3,310
Aug 200901,03467.423.22$3,328
Jul 2009651,14961.133.46$7,954
Jun 2009098266.163.90$3,825
May 2009461,63854.743.93$8,948
Apr 2009882,46446.773.59$12,955
Mar 200972,12642.144.06$8,924
Feb 200921,75032.814.63$8,173
Jan 200951,92335.865.37$10,508
Dec 200811,77737.105.98$10,658
Nov 20081091,64055.496.86$17,299
Oct 200801,07075.246.92$7,407
Sep 200801,145101.767.88$9,019
Aug 200811,394114.228.48$11,940
Jul 200801,409131.0811.39$16,048
Jun 200811,125131.3313.03$14,793
May 20081641,611123.1711.57$38,846
Apr 200801,712110.3110.45$17,899
Mar 200811,614101.909.66$15,700
Feb 200831,55392.538.77$13,898
Jan 200811,73690.388.21$14,336
Dec 200711,80088.337.30$13,232
Nov 200711,51191.677.29$11,109
Oct 20071401,51182.856.92$22,058
Sep 200701,34475.846.24$8,392
Aug 200711,49069.066.39$9,587
Jul 200711,55870.906.39$10,023
Jun 200711,55962.007.55$11,830
May 200711,56958.747.85$12,370
Apr 200701,53059.617.81$11,942
Mar 200701,23856.927.30$9,040
Feb 200711,01955.108.22$8,427
Jan 200701,93150.306.73$12,990
Dec 200611,78056.656.92$12,371
Nov 200601,68954.207.62$12,866
Oct 200601,66654.906.01$10,019
Sep 200611,97260.085.04$9,993
Aug 200601,90568.717.34$13,983
Jul 200601,83469.376.34$11,633
Jun 200601,82266.286.38$11,631
May 200611,97066.016.42$12,723
Apr 200632,40164.397.36$17,866
Mar 200642,24356.707.08$16,114
Feb 200632,23457.597.75$17,489
Jan 200602,42860.598.93$21,690
Dec 200512,63854.9413.42$35,445
Nov 200512,64854.6910.59$28,093
Oct 200512,37258.3413.80$32,782
Sep 200502,73561.4512.08$33,036
Aug 200503,09261.519.80$30,292
Jul 200503,21755.697.84$25,233
Jun 200502,62252.337.38$19,353
May 200512,03245.226.65$13,560
Apr 20051852,73849.207.36$29,255
Mar 200512,76650.377.15$19,841
Feb 200502,76145.226.31$17,427
Jan 200502,61443.166.32$16,526
Dec 200403,03739.866.75$20,503
Nov 200412,79645.286.33$17,745
Oct 20041932,65349.706.52$26,877
Sep 200413,56243.245.28$18,864
Aug 200403,20142.375.55$17,768
Jul 200443,42038.286.08$20,961
Jun 200402,93336.106.43$18,868
May 20042003,44437.486.49$29,863
Apr 200403,62934.475.86$21,260
Mar 200403,42434.365.53$18,935
Feb 200403,09932.455.51$17,074
Jan 200403,36132.036.30$21,173
Dec 200303,43530.266.30$21,646
Nov 200302,64528.804.60$12,154
Oct 20031944,32428.174.76$26,046
Sep 200304,76626.314.75$22,635
Aug 200306,03829.765.13$30,973
Jul 20032006,93029.415.17$41,716
Jun 200307,36928.565.98$44,088
May 200307,31326.595.97$43,678
Apr 200305,46326.675.41$29,540
Mar 20031846,11131.146.10$42,983
Feb 200306,33233.487.93$50,187
Jan 20031846,68330.315.58$42,882
Dec 200207,33926.914.85$35,622
Nov 200204,82624.664.14$19,965
Oct 20023665,96326.464.23$34,903
Sep 200204,65627.443.64$16,925
Aug 200206,88725.963.16$21,792
Jul 20021818,23024.583.06$29,647
Jun 200206,69823.733.34$22,360
May 20021815,29024.663.58$23,423
Apr 200205,25323.653.51$18,450
Mar 20021884,17222.003.10$17,081
Feb 200203,73518.222.38$8,873
Jan 2002010,61317.172.38$25,213
Dec 200118711,43216.932.36$30,196
Nov 200103,86418.072.41$9,295
Oct 200105,44919.782.53$13,780
Sep 200102,38724.262.25$5,374
Aug 200102,90124.873.05$8,857
Jul 20011703,78123.933.20$16,156
Jun 200103,62124.563.82$13,847
May 20011753,88025.524.31$21,178
Apr 200103,80324.685.34$20,290
Mar 20011794,43224.545.38$28,221
Feb 200103,17727.755.77$18,322
Jan 20011895,85827.478.40$54,392
Dec 20001815,24726.889.12$52,731
Nov 200005,74032.215.66$32,477
Oct 200006,44031.235.15$33,137
Sep 20001777,07231.875.19$42,320
Aug 20001837,48229.644.54$39,398
Jul 200008,54928.534.09$34,963
Jun 20001877,04129.304.40$36,440
May 200008,48627.263.68$31,226
Apr 200016010,46424.513.12$36,527
Mar 200016312,72528.422.86$41,023
Feb 200015511,99827.622.73$36,994
Jan 200017217,87825.272.48$48,693
Dec 199935114,38124.282.42$43,378
Nov 199919015,01623.192.43$40,955
Oct 199917520,50620.982.80$61,164
Sep 199915918,39221.752.62$51,624
Aug 199934914,26619.262.88$47,745
Jul 199917421,09917.892.37$53,167
Jun 199935320,30715.942.36$53,594
May 199918018,49215.792.32$45,763
Apr 199935713,36815.102.21$34,908
Mar 199934616,51212.471.84$34,669
Feb 199917114,0929.981.82$27,323
Jan 199953021,45010.381.90$46,255
Dec 199835616,9849.201.77$33,393
Nov 199836317,68710.892.19$42,612
Oct 199835319,65912.421.97$43,097
Sep 199834115,59912.592.08$36,780
Aug 199833117,68611.301.91$37,474
Jul 199852727,87911.742.24$68,560
Jun 199853325,75611.242.24$63,614
May 199853532,20212.622.21$77,800
Apr 199870732,82313.042.51$91,452
Mar 199852133,83012.802.31$84,797
Feb 199855431,49613.952.30$80,142
Jan 199890638,66414.702.15$96,631
Dec 199772341,34816.322.41$111,494
Nov 199772636,09618.193.09$124,680
Oct 199790943,24319.253.15$153,706
Sep 19978946,47417.742.95$34,989
Aug 19971,24959,71617.862.55$174,866
Jul 19971,31170,19817.582.25$180,778
Jun 19971,36457,92617.242.26$154,266
May 199745712,69218.972.31$37,969
Apr 199798257,86417.882.08$138,076
Mar 19971,88995,32218.951.94$220,639
Feb 19971,56699,50320.492.21$251,581
Jan 19972,512128,07223.483.54$512,318
Dec 19962,960149,42523.32$69,027
Nov 19963,888175,02521.97$85,419
Oct 19964,447195,94523.31$103,660
Sep 19963,964187,54822.22$88,080
Aug 19966,357284,38120.26$128,793
Jul 19967,750346,56619.55$151,513
Jun 19963,523154,55618.73$65,986

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.

Jul 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 74.85 =         $0
Gas                    3 Mcf  × $  2.64 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/160133 is the state's own key, not one this site invented.