FOURTICQ UNIT

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 160841District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.0 M
Oct 1996 – May 2026
Value, last 12 filed months
$95 k
at the published price for each month
Months reported
356
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 Gas111997-01-06135840
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
CondensateDisposition168,383 bbl$5,172,993
GasProduction4,791,867 Mcf$14,874,510
Total$20,047,503

714,024 Mcf of this lease's gas, across 3 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 29.8773, -96.7580. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.87731, -96.75802 · 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
16,363 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 16,363 ft.

Completions filed
Oct 1996
1 of 1 wells

1 well

42-149330201OL16,363 ftOct 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 (356)

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

356 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 202609559.138.00$760
Dec 202519167856.664.41$13,814
Nov 20251901,27758.593.93$16,146
Oct 202541,61559.383.30$5,575
Sep 20251773,24262.743.08$21,080
Aug 20251813,40363.933.01$21,831
Jul 2025103,44966.743.32$12,102
Jun 202551,17366.483.13$4,002
May 20250060.553.23$0
Apr 2025183062.363.54$11,412
Mar 20250067.704.27$0
Feb 2025196370.884.34$4,251
Jan 20253976,91874.324.28$59,105
Dec 20241893,47568.993.12$23,886
Nov 20240069.052.20$0
Oct 202406171.372.28$139
Sep 202416673569.612.36$13,293
Aug 202418295275.632.06$15,729
Jul 20241882,42679.932.15$20,234
Jun 20245724,83078.082.63$57,384
May 20245785,65178.812.20$57,976
Apr 20240084.451.66$0
Mar 202405880.301.55$90
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202301,01571.262.61$2,650
Nov 20231944,73177.892.81$28,393
Oct 202313,92985.443.09$12,215
Sep 20231773,85889.042.74$26,312
Aug 202303,91180.522.67$10,454
Jul 20231932,93874.852.64$22,208
Jun 202312,50268.962.26$5,720
May 20231942,79770.622.23$19,930
Apr 20231913,32378.122.24$22,357
Mar 202302,68072.852.39$6,414
Feb 202302,62475.112.47$6,470
Jan 20231683,07676.533.39$23,278
Dec 202214,24876.415.73$24,414
Nov 20221844,70885.005.65$42,222
Oct 202213,90287.185.86$22,968
Sep 20221873,50984.888.16$44,519
Aug 202203,08794.529.13$28,176
Jul 20221914,224101.587.54$51,260
Jun 20221936,552115.097.98$74,479
May 20221844,245109.378.43$55,922
Apr 202213,856104.226.84$26,470
Mar 20221964,953108.885.08$46,484
Feb 20221925,55391.054.86$44,463
Jan 20221986,34081.844.54$44,973
Dec 20213867,11671.323.90$55,276
Nov 20211964,09177.435.24$36,600
Oct 20211896,32379.795.71$51,209
Sep 20211855,94669.865.35$44,741
Aug 20211876,81666.024.22$41,113
Jul 20211877,44470.783.98$42,878
Jun 20213828,17869.493.38$54,192
May 20211933,27263.483.02$22,125
Apr 202101,33160.362.76$3,671
Mar 202102,47361.302.72$6,719
Feb 202104,72957.805.55$26,236
Jan 20213607,05550.412.81$37,974
Dec 20201637,72144.642.68$27,934
Nov 20201935,34738.772.71$21,955
Oct 202017458936.972.48$7,893
Sep 202004,04537.091.99$8,054
Aug 20201774,15739.982.39$16,991
Jul 20201754,33538.371.83$14,627
Jun 20201744,20634.901.69$13,182
May 202004,67116.921.81$8,477
Apr 20201733,94114.751.80$9,663
Mar 20201704,64230.341.86$13,774
Feb 20201854,68749.881.98$18,511
Jan 202005,30557.252.09$11,113
Dec 20191805,27559.012.30$22,777
Nov 20191795,86855.302.75$26,040
Oct 201902,93753.472.42$7,103
Sep 20191693,48755.052.66$18,569
Aug 201903,76053.112.30$8,664
Jul 20191764,34756.272.46$20,597
Jun 201903,24052.782.49$8,071
May 20191642,85758.482.74$17,420
Apr 201903,53362.632.75$9,718
Mar 20191854,19856.803.06$23,363
Feb 20191683,67250.852.79$18,796
Jan 20191914,15746.033.23$22,211
Dec 201803,53146.594.19$14,779
Nov 201803,95152.934.24$16,741
Oct 20181784,51261.443.40$26,268
Sep 201804,30859.543.11$13,389
Aug 20181814,36159.403.07$24,125
Jul 201804,17465.142.93$12,238
Jun 201803,89560.183.08$11,985
May 20181784,21165.382.90$23,853
Apr 20181893,71263.842.90$22,834
Mar 201803,42161.222.79$9,534
Feb 201803,03461.782.77$8,392
Jan 20181913,62862.874.01$26,554
Dec 201704,09257.272.92$11,955
Nov 201704,43755.423.12$13,836
Oct 20171944,01549.292.98$21,542
Sep 201703,78947.523.09$11,698
Aug 201704,02345.373.00$12,087
Jul 20171784,01443.873.09$20,201
Jun 201703,94042.493.09$12,164
May 20171944,05845.373.26$22,045
Apr 201703,93947.933.21$12,650
Mar 201703,71046.772.98$11,069
Feb 201719153250.452.95$11,207
Jan 201704,09149.413.42$13,986
Dec 20161834,18448.763.72$24,499
Nov 201604,11042.492.64$10,868
Oct 20161894,39046.193.09$22,296
Sep 201604,36541.553.10$13,534
Aug 20161824,50741.442.92$20,722
Jul 201604,44941.622.92$13,010
Jun 20161814,32145.352.69$19,814
May 201604,42042.521.99$8,800
Apr 20161844,23836.561.99$15,165
Mar 201604,33833.011.79$7,782
Feb 201604,12526.472.06$8,512
Jan 20161864,35927.352.36$15,393
Dec 201504,60132.362.00$9,208
Nov 20151924,27638.792.17$16,715
Oct 201504,85843.552.43$11,788
Sep 20151884,48042.992.76$20,440
Aug 201504,30740.162.87$12,372
Jul 20151824,49448.152.95$21,998
Jun 201504,21256.152.88$12,143
May 20151934,29755.212.96$23,355
Apr 201504,26149.822.71$11,533
Mar 20151934,39042.892.93$21,161
Feb 201503,72644.662.98$11,089
Jan 20151964,76343.433.10$23,281
Dec 201402,48754.693.59$8,932
Nov 20141893,57670.464.25$28,522
Oct 201405,57378.303.90$21,740
Sep 20141925,45686.164.05$38,615
Aug 20141775,23489.394.04$36,942
Jul 201404,61296.564.18$19,276
Jun 20141894,97398.164.74$42,109
May 20141874,85594.734.73$40,662
Apr 201404,10695.944.81$19,746
Mar 20141964,97695.895.06$43,957
Feb 20141944,91597.406.19$49,329
Jan 20143916,72890.404.86$68,049
Dec 20131948,06291.824.35$52,919
Nov 201307,53588.853.74$28,168
Oct 20131842,91897.423.78$28,953
Sep 201304,991104.113.72$18,555
Aug 20131805,663104.253.52$38,714
Jul 201304,828102.523.72$17,949
Jun 20131773,95394.403.93$32,258
May 201304,20294.834.15$17,434
Apr 20131924,69393.964.28$38,139
Mar 201305,75393.623.91$22,511
Feb 20131954,76891.233.42$34,096
Jan 20131965,22991.603.42$35,836
Dec 201205,05286.773.42$17,279
Nov 20121905,66386.953.62$37,049
Oct 201206,59989.383.40$22,434
Sep 20121795,91194.672.92$34,197
Aug 201205,20492.662.91$15,134
Jul 20121795,66385.133.02$32,345
Jun 20121923,97279.822.52$25,331
May 201205,44591.612.49$13,549
Apr 20121845,379101.652.00$29,444
Mar 201205,558105.052.22$12,350
Feb 20121935,879101.102.57$34,623
Jan 20121944,42298.092.73$31,120
Dec 20111974,74096.873.24$34,440
Nov 201104,96395.723.31$16,434
Oct 20111814,72784.983.65$32,628
Sep 201105,85183.623.99$23,321
Aug 20111906,31483.404.15$42,045
Jul 20111905,84794.144.52$44,299
Jun 201105,30692.904.64$24,619
May 20111925,47398.134.40$42,949
Apr 201105,199105.964.33$22,529
Mar 20111866,07796.364.06$42,579
Feb 20111944,98785.644.18$37,460
Jan 20111975,49686.504.59$42,260
Dec 201005,34885.734.35$23,252
Nov 20101954,68080.843.80$33,526
Oct 201004,21178.103.51$14,776
Sep 20101935,56972.633.98$36,179
Aug 20101907,72773.684.42$48,148
Jul 20101926,18272.554.74$43,211
Jun 201007,29370.364.91$35,812
May 20101948,02171.124.24$47,768
Apr 20101957,74381.694.12$47,852
Mar 20101967,55678.394.39$48,525
Feb 20101976,36873.585.44$49,152
Jan 20101988,09474.365.96$62,997
Dec 200919611,89871.445.48$79,248
Nov 20091944,30974.593.75$30,636
Oct 200906,26872.544.11$25,763
Sep 20091945,99765.543.06$31,094
Aug 20091916,29367.423.22$33,131
Jul 20091917,23461.133.46$36,738
Jun 200906,91566.163.90$26,934
May 20091897,17454.743.93$38,509
Apr 20091966,98146.773.59$34,211
Mar 20091948,23242.144.06$41,589
Feb 20091977,08032.814.63$39,265
Jan 20091957,87835.865.37$49,305
Dec 20081987,42637.105.98$51,732
Nov 20081967,32855.496.86$61,149
Oct 20081977,03375.246.92$63,505
Sep 20081927,294101.767.88$76,993
Aug 200819810,730114.228.48$113,638
Jul 200819311,935131.0811.39$161,231
Jun 200819211,829131.3313.03$179,378
May 200802,593123.1711.57$30,012
Apr 20081956,093110.3110.45$85,212
Mar 20081966,224101.909.66$80,122
Feb 200806,28292.538.77$55,097
Jan 20083925,36690.388.21$79,461
Dec 20071944,60388.337.30$50,747
Nov 200705,23391.677.29$38,157
Oct 20071945,28082.856.92$52,621
Sep 20071925,40375.846.24$48,298
Aug 20071915,27269.066.39$46,868
Jul 20071955,81870.906.39$50,991
Jun 20073845,89462.007.55$68,299
May 20071986,43558.747.85$62,121
Apr 20072025,73259.617.81$56,781
Mar 20073986,91156.927.30$73,118
Feb 20072007,35255.108.22$71,424
Jan 20073977,22850.306.73$68,591
Dec 20063746,32356.656.92$64,932
Nov 20061825,75054.207.62$53,665
Oct 200615,34854.906.01$32,217
Sep 20061834,33460.085.04$32,826
Aug 20063684,43368.717.34$57,823
Jul 20061865,41469.376.34$47,243
Jun 200605,43966.286.38$34,722
May 20063655,85966.016.42$61,738
Apr 200615,11964.397.36$37,743
Mar 20061944,30456.707.08$41,485
Feb 200671,16257.597.75$9,410
Jan 200602,06060.598.93$18,403
Dec 20051856,13854.9413.42$92,508
Nov 200535711,39654.6910.59$140,190
Oct 200533211,77158.3413.80$181,759
Sep 20052367,98461.4512.08$110,941
Aug 20053199,18361.519.80$109,586
Jul 20051879,45655.697.84$84,583
Jun 20053506,41052.337.38$65,628
May 200536413,13745.226.65$103,836
Apr 200518314,93949.207.36$118,962
Mar 200537111,24850.377.15$99,165
Feb 200534515,43645.226.31$113,032
Jan 200537118,26443.166.32$131,481
Dec 200437719,07239.866.75$143,784
Nov 200452019,84545.286.33$149,173
Oct 200420918,19149.706.52$128,903
Sep 20043043.245.28$130
Aug 20041051,97342.375.55$15,400
Jul 20043235,70938.286.08$47,099
Jun 20041746,88636.106.43$50,579
May 20043537,17037.486.49$59,797
Apr 200405,87934.475.86$34,442
Mar 20043636,80534.365.53$50,105
Feb 20041846,31832.455.51$40,781
Jan 20044446,66532.036.30$56,208
Dec 20031927,27130.266.30$51,629
Nov 20031896,52128.804.60$35,408
Oct 20031917,09228.174.76$39,136
Sep 20031877,54526.314.75$40,754
Aug 200318514,39029.765.13$79,322
Jul 200336910,68629.415.17$66,108
Jun 2003019028.565.98$1,137
May 200303,95426.595.97$23,616
Apr 200339610,04726.675.41$64,888
Mar 200339913,19931.146.10$92,886
Feb 200359620,37533.487.93$181,444
Jan 200339822,52030.315.58$137,771
Dec 20021964,91626.914.85$29,135
Nov 20021994,27924.664.14$22,609
Oct 20023948,46826.464.23$46,237
Sep 200235615,08627.443.64$64,609
Aug 200258414,74125.963.16$61,804
Jul 200238912,55024.583.06$47,987
Jun 200238915,45923.733.34$60,837
May 200264317,10224.663.58$77,150
Apr 200258916,39723.653.51$71,521
Mar 200259021,27422.003.10$78,987
Feb 200280023,15618.222.38$69,587
Jan 200259923,34917.172.38$65,755
Dec 200159517,45816.932.36$51,351
Nov 200159822,19518.072.41$64,196
Oct 200178923,68219.782.53$75,495
Sep 200159023,76724.262.25$67,821
Aug 200158826,64524.873.05$95,975
Jul 200177527,66823.933.20$107,003
Jun 200176727,95724.563.82$125,750
May 200178129,54425.524.31$147,187
Apr 200160029,16224.685.34$170,397
Mar 20013947,67024.545.38$50,906
Feb 200198015,46427.755.77$116,377
Jan 200159621,73427.478.40$198,911
Dec 200059310,79726.889.12$114,435
Nov 200078613,91332.215.66$104,037
Oct 200077021,66931.235.15$135,545
Sep 200075321,81231.875.19$137,126
Aug 20005749,16229.644.54$58,616
Jul 200075220,93828.534.09$107,086
Jun 200095024,69929.304.40$136,443
May 20001,12324,90927.263.68$122,272
Apr 200096728,59024.513.12$112,788
Mar 20001,30831,84628.422.86$128,245
Feb 20001,32529,61927.622.73$117,353
Jan 20001,52335,15325.272.48$125,683
Dec 19991,45824,27024.282.42$94,224
Nov 19991,10723,48423.192.43$82,831
Oct 19991,06327,95520.982.80$100,679
Sep 19991,43029,53321.752.62$108,445
Aug 19991,24328,32719.262.88$105,397
Jul 19991,06128,82517.892.37$87,365
Jun 19991,22729,08615.942.36$88,262
May 19991,40331,12315.792.32$94,390
Apr 19991,22731,28315.102.21$87,602
Mar 19991,08930,61112.471.84$69,853
Feb 199990829,4839.981.82$62,656
Jan 19991,25731,55610.381.90$73,002
Dec 19981,45134,4809.201.77$74,493
Nov 19981,44536,08610.892.19$94,610
Oct 19981,56536,71412.421.97$91,735
Sep 199898832,68612.592.08$80,511
Aug 19981,56335,71811.301.91$85,789
Jul 19981,16537,13811.742.24$96,765
Jun 19981,37442,75911.242.24$111,107
May 19981,56143,23712.622.21$115,095
Apr 19981,75244,54013.042.51$134,433
Mar 19981,71646,70012.802.31$129,816
Feb 19981,94742,96413.952.30$125,940
Jan 19981,94749,22014.702.15$134,680
Dec 19972,37651,51416.322.41$162,982
Nov 19972,19553,95618.193.09$206,557
Oct 19972,90457,88219.253.15$238,220
Sep 19972,91860,53417.742.95$230,636
Aug 19972,92372,59617.862.55$237,669
Jul 19972,70475,25317.582.25$216,625
Jun 19973,08178,37517.242.26$230,024
May 19973,38286,82918.972.31$264,601
Apr 19973,39092,28517.882.08$252,823
Mar 19974,106107,30918.951.94$285,896
Feb 19973,993111,18820.492.21$327,086
Jan 19975,231188,98423.483.54$791,771
Dec 19967,127188,98423.32$166,202
Nov 199610,004226,28621.97$219,788
Oct 199612,782298,75423.31$297,948

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                   95 Mcf  × $  8.00 =       $760

────────────────────────────────────────────────────
Month total                                     $760

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/160841 is the state's own key, not one this site invented.