STRANGE 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 161535District 03Field 34773550CondensateGasSave
Value, all time
$24.2 M
Sep 1996 – Jan 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
341
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition305,308 bbl$10,056,420
GasProduction4,427,681 Mcf$14,136,538
Total$24,192,959

601,327 Mcf of this lease's gas, across 4 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 29.9061, -96.7413. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.90606, -96.74134 · 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
17,422 ft
1 wells filed one
Completion to plug
28.4 years
median over 1 wells

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 17,422 ft.

Completions filed
Sep 1996
1 of 1 wells
Plug dates filed
Feb 2025
1 of 1 wells

Last completion to plug: a median of 28.4 years across the 1 well that filed both dates, with the middle half between 28.4 years and 28.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-149330181OL17,422 ftSep 1996Feb 2025Yes

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 (341)

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

341 months

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 20201136.972.48$39
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 2020202230.341.86$648
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 201939055.052.66$2,147
Aug 2019014953.112.30$343
Jul 2019023756.272.46$583
Jun 2019016352.782.49$406
May 2019059558.482.74$1,630
Apr 20190662.632.75$17
Mar 20191156.803.06$60
Feb 2019104650.852.79$637
Jan 201915411546.033.23$7,460
Dec 20181785,16546.594.19$29,911
Nov 20183717,10852.934.24$49,755
Oct 20185387,46161.443.40$58,408
Sep 20181827,53359.543.11$34,249
Aug 20187228,30659.403.07$68,358
Jul 20181868,35865.142.93$36,621
Jun 20183698,37260.183.08$47,966
May 20183718,93765.382.90$50,180
Apr 20185459,04863.842.90$61,039
Mar 201872810,11161.222.79$72,746
Feb 20181835,20761.782.77$25,709
Jan 20183675,70562.874.01$45,946
Dec 20173095,82357.272.92$34,708
Nov 20173606,76855.423.12$41,056
Oct 20173558,27749.292.98$42,194
Sep 20171801,19947.523.09$12,255
Aug 20171816,38445.373.00$27,392
Jul 20173655,74943.873.09$33,761
Jun 20171796,07842.493.09$26,370
May 20173716,23245.373.26$37,170
Apr 20173576,08547.933.21$36,654
Mar 20173656,53746.772.98$36,575
Feb 20174815,73150.452.95$41,188
Jan 20171786,30549.413.42$30,351
Dec 20163646,47948.763.72$41,869
Nov 20163655,94142.492.64$31,219
Oct 20163586,37346.193.09$36,230
Sep 20161816,20441.553.10$26,757
Aug 20163576,55441.442.92$33,960
Jul 20163606,69541.622.92$34,562
Jun 20163566,47745.352.69$33,541
May 20163726,93742.521.99$29,629
Apr 20163656,46436.561.99$26,214
Mar 20163586,69333.011.79$23,825
Feb 20163566,07726.472.06$21,964
Jan 20163656,64127.352.36$25,684
Dec 20153636,49032.362.00$24,736
Nov 20153676,15938.792.17$27,585
Oct 20153656,81743.552.43$32,438
Sep 20153576,77342.992.76$34,030
Aug 20153536,65940.162.87$33,304
Jul 20153526,69648.152.95$36,669
Jun 20153546,38656.152.88$38,287
May 20153586,87955.212.96$40,096
Apr 20153556,36549.822.71$34,913
Mar 20155386,48942.892.93$42,118
Feb 20151795,76044.662.98$25,137
Jan 20153616,74143.433.10$36,580
Dec 20145426,82054.693.59$54,135
Nov 20143606,72970.464.25$53,976
Oct 20143597,43778.303.90$57,121
Sep 20143566,73386.164.05$57,911
Aug 20143517,26189.394.04$60,675
Jul 20143617,21296.564.18$65,001
Jun 20143536,88398.164.74$67,254
May 20143617,26294.734.73$68,522
Apr 20145446,79295.944.81$84,855
Mar 20143497,18995.895.06$69,819
Feb 20143656,33497.406.19$74,771
Jan 20143617,30690.404.86$68,147
Dec 20133707,49391.824.35$66,602
Nov 20135457,26488.853.74$75,578
Oct 20133677,50697.423.78$64,121
Sep 20133667,189104.113.72$64,831
Aug 20133607,679104.253.52$64,580
Jul 20133612,048102.523.72$44,624
Jun 20133657,76594.403.93$64,999
May 20135398,11694.834.15$84,787
Apr 20135368,02393.964.28$84,722
Mar 20133628,50793.623.91$67,177
Feb 20133837,38591.233.42$60,197
Jan 20134748,26891.603.42$71,694
Dec 20123718,49986.773.42$61,260
Nov 20125498,34386.953.62$77,979
Oct 20125639,32689.383.40$82,026
Sep 20123759,25694.672.92$62,514
Aug 201271510,59492.662.91$97,061
Jul 20123628,38585.133.02$56,146
Jun 20125498,38579.822.52$64,943
May 20123708,47491.612.49$54,982
Apr 20123586,215101.652.00$48,801
Mar 20123747,546105.052.22$56,057
Feb 20123716,109101.102.57$53,210
Jan 20123655,97898.092.73$52,147
Dec 20113624,99496.873.24$51,246
Nov 20113676,40595.723.31$56,338
Oct 20113476,61584.983.65$53,623
Sep 20113526,98383.623.99$57,267
Aug 20113596,78483.404.15$58,090
Jul 20113696,65794.144.52$64,809
Jun 20113666,97492.904.64$66,360
May 20113667,52498.134.40$69,057
Apr 20113597,479105.964.33$70,448
Mar 20115437,97396.364.06$84,673
Feb 20113897,59785.644.18$65,069
Jan 20113739,96486.504.59$77,987
Dec 201072411,16485.734.35$110,607
Nov 20103558,72680.843.80$61,816
Oct 20105378,69678.103.51$72,453
Sep 20103657,68172.633.98$57,076
Aug 20103497,84173.684.42$60,367
Jul 20105278,08372.554.74$76,519
Jun 20103548,16570.364.91$65,001
May 20107109,85371.124.24$92,225
Apr 20103567,30181.694.12$59,181
Mar 20101807,25478.394.39$45,946
Feb 20103588,16273.585.44$70,762
Jan 20105499,35674.365.96$96,624
Dec 200954110,14171.445.48$94,260
Nov 200954011,06974.593.75$81,804
Oct 200953411,11672.544.11$84,426
Sep 200970911,61065.543.06$82,050
Aug 200953012,66667.423.22$76,498
Jul 200972713,47661.133.46$91,129
Jun 200953313,77766.163.90$88,925
May 200989315,90854.743.93$111,334
Apr 200971515,87846.773.59$90,403
Mar 20095329,07042.144.06$59,234
Feb 20095397,26132.814.63$51,325
Jan 20093557,85035.865.37$54,893
Dec 20085398,72137.105.98$72,124
Nov 200853811,22755.496.86$106,875
Oct 200854212,15675.246.92$124,924
Sep 200853512,862101.767.88$155,757
Aug 200871813,193114.228.48$193,926
Jul 200855814,340131.0811.39$236,467
Jun 200874016,021131.3313.03$305,980
May 200892916,562123.1711.57$306,118
Apr 200874317,632110.3110.45$266,300
Mar 200893019,898101.909.66$287,063
Feb 200875017,83892.538.77$225,847
Jan 200895419,45090.388.21$245,824
Dec 20071,10522,18588.337.30$259,599
Nov 20071,07023,65391.677.29$270,557
Oct 20071,63033,06482.856.92$363,914
Sep 20072,18037,50475.846.24$399,512
Aug 200771412,95469.066.39$132,058
Jul 20075396,96470.906.39$82,701
Jun 20073671,35762.007.55$32,997
May 200701,51758.747.85$11,903
Apr 20071921,32659.617.81$21,795
Mar 20071771,53856.927.30$21,305
Feb 20071931,52055.108.22$23,123
Jan 20071871,57550.306.73$20,001
Dec 20061851,56256.656.92$21,287
Nov 20061771,49654.207.62$20,989
Oct 20061831,86554.906.01$21,262
Sep 20061771,28860.085.04$17,122
Aug 20061821,62068.717.34$24,396
Jul 20061781,81969.376.34$23,885
Jun 20063591,70066.286.38$34,647
May 20061832,10166.016.42$25,579
Apr 20061842,23864.397.36$28,321
Mar 20063562,52156.707.08$38,041
Feb 20063632,13457.597.75$37,446
Jan 20063612,41560.598.93$43,447
Dec 20051792,55854.9413.42$44,151
Nov 20053663,21454.6910.59$54,048
Oct 20053663,17858.3413.80$65,195
Sep 20051821,58361.4512.08$30,305
Aug 20051821,72261.519.80$28,065
Jul 20051822,14855.697.84$26,984
Jun 20051852,15552.337.38$25,587
May 20053672,36045.226.65$32,292
Apr 20053203,17449.207.36$39,106
Mar 20055162,09850.377.15$41,002
Feb 20051761,42845.226.31$16,972
Jan 200501,63443.166.32$10,330
Dec 20041851,74739.866.75$19,168
Nov 20043731,83145.286.33$28,480
Oct 20043452,27549.706.52$31,968
Sep 20041762,48243.245.28$20,725
Aug 20041773,39342.375.55$26,333
Jul 20043733,17738.286.08$33,608
Jun 20043743,16336.106.43$33,849
May 20041863,64137.486.49$30,618
Apr 20043742,65534.475.86$28,446
Mar 20043773,88634.365.53$34,444
Feb 20043853,68232.455.51$32,780
Jan 20043794,22032.036.30$38,724
Dec 20033724,40330.266.30$39,003
Nov 20035445,20328.804.60$39,576
Oct 20033585,05928.174.76$34,164
Sep 20031924,08326.314.75$24,443
Aug 20035434,36429.765.13$38,546
Jul 20033774,21929.415.17$32,903
Jun 20035324,63728.565.98$42,937
May 20031965,37426.595.97$37,309
Apr 20033856,28626.675.41$44,258
Mar 20033929,32031.146.10$69,022
Feb 200398612,01433.487.93$128,233
Jan 20031,17120,99830.315.58$152,705
Dec 20021,15124,57126.914.85$150,235
Nov 20021,58129,09124.664.14$159,336
Oct 20021,11323,06826.464.23$127,007
Sep 20025505,32827.443.64$34,460
Aug 20025795,13925.963.16$31,291
Jul 20023835,93224.583.06$27,577
Jun 20025496,73823.733.34$35,521
May 20023758,24924.663.58$38,812
Apr 20027858,32523.653.51$47,805
Mar 200299016,13122.003.10$71,830
Feb 200278924,60718.222.38$72,834
Jan 200298525,42817.172.38$77,321
Dec 20011,57936,72716.932.36$113,570
Nov 20013916,65718.072.41$23,079
Oct 20015899,29619.782.53$35,159
Sep 200158410,88524.262.25$38,673
Aug 200195411,12124.873.05$57,680
Jul 20011,16021,64423.933.20$96,956
Jun 20011,50726,82524.563.82$139,595
May 20011,51330,55325.524.31$170,213
Apr 20011,55429,47424.685.34$195,606
Mar 20011,36321,00924.545.38$146,402
Feb 20011,53618,08927.755.77$146,945
Jan 20011,52722,25727.478.40$228,878
Dec 20001,38022,42626.889.12$241,676
Nov 20002,12221,15732.215.66$188,056
Oct 20001,48622,66031.235.15$163,005
Sep 20001,82821,38231.875.19$169,156
Aug 20001,96624,14729.644.54$167,918
Jul 20001,79524,90028.534.09$153,046
Jun 20001,98624,62429.304.40$166,468
May 20002,17927,69427.263.68$161,307
Apr 20002,02028,98324.513.12$139,821
Mar 20003,27638,02328.422.86$201,840
Feb 200077413,68727.622.73$58,695
Jan 20008948,96125.272.48$44,819
Dec 19991,45114,27824.282.42$69,836
Nov 19991,43321,25023.192.43$84,954
Oct 19992,13826,98420.982.80$120,511
Sep 19992,12125,48321.752.62$112,868
Aug 19992,45824,53419.262.88$117,891
Jul 19992,12724,74217.892.37$96,749
Jun 19992,30826,36115.942.36$99,057
May 19992,12229,02315.792.32$100,869
Apr 19992,31228,71415.102.21$98,313
Mar 19992,15728,33112.471.84$78,980
Feb 19992,51929,6929.981.82$79,113
Jan 19992,17131,10510.381.90$81,633
Dec 19982,89531,2119.201.77$81,981
Nov 19982,87533,62410.892.19$104,801
Oct 19982,64535,36412.421.97$102,490
Sep 19982,44234,85012.592.08$103,324
Aug 19982,93838,17011.301.91$106,003
Jul 19983,05840,34511.742.24$126,164
Jun 19982,94740,65511.242.24$124,080
May 19982,92045,86812.622.21$138,051
Apr 19983,50045,72213.042.51$160,189
Mar 19983,54323,76912.802.31$100,243
Feb 19983,60644,50513.952.30$152,626
Jan 19983,62349,16214.702.15$159,192
Dec 19974,11952,56216.322.41$193,954
Nov 19974,10355,76518.193.09$246,850
Oct 19974,75860,07219.253.15$280,807
Sep 19974,23562,95117.742.95$261,142
Aug 19974,97367,49917.862.55$261,260
Jul 19974,82970,94817.582.25$244,310
Jun 19975,35874,14417.242.26$259,730
May 19975,87585,50518.972.31$308,837
Apr 19976,27080,11417.882.08$278,967
Mar 19976,99096,68318.951.94$319,942
Feb 19977,020102,65720.492.21$370,291
Jan 19978,794124,81723.483.54$648,298
Dec 199610,290140,96823.32$239,963
Nov 199612,172163,05521.97$267,419
Oct 199616,750196,97123.31$390,443
Sep 19968,998100,33322.22$199,936

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.

Oct 2020 — as filed, then multipliedworked
Condensate             1 bbl  × $ 36.97 =        $37
Gas                    1 Mcf  × $  2.48 =         $2

────────────────────────────────────────────────────
Month total                                      $39

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/161535 is the state's own key, not one this site invented.