ENTERPRISE 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 162239District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Jan 1997 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
353
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 Gas111998-04-08136443
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
CondensateDisposition38,513 bbl$1,275,786
GasProduction1,602,893 Mcf$5,871,555
Total$7,147,341

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 30.4866, -96.2067. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.48659, -96.20671 · 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
15,640 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 15,640 ft.

Completions filed
Jan 1997
1 of 1 wells

1 well

42-04131894115,640 ftJan 1997

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 (353)

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

353 months

May 20260629106.413.05$1,916
Apr 2026061898.932.87$1,773
Mar 2026067289.753.15$2,116
Feb 2026062363.503.75$2,336
Jan 2026061959.138.00$4,951
Dec 2025062556.664.41$2,758
Nov 2025068358.593.93$2,682
Oct 2025076259.383.30$2,518
Sep 20251756862.743.08$2,814
Aug 2025067763.933.01$2,041
Jul 2025072766.743.32$2,410
Jun 2025062266.483.13$1,946
May 2025068060.553.23$2,198
Apr 2025072862.363.54$2,579
Mar 2025080067.704.27$3,415
Feb 2025066770.884.34$2,895
Jan 2025083874.324.28$3,586
Dec 2024084768.993.12$2,644
Nov 2024079269.052.20$1,741
Oct 2024084271.372.28$1,921
Sep 2024082069.612.36$1,939
Aug 2024082575.632.06$1,702
Jul 2024090279.932.15$1,936
Jun 2024077578.082.63$2,041
May 2024082178.812.20$1,805
Apr 2024083384.451.66$1,382
Mar 2024088280.301.55$1,363
Feb 2024076976.091.78$1,372
Jan 2024077573.023.30$2,556
Dec 2023080671.262.61$2,104
Nov 2023076877.892.81$2,156
Oct 2023075285.443.09$2,322
Sep 2023071189.042.74$1,945
Aug 202316483980.522.67$15,448
Jul 2023085574.852.64$2,259
Jun 2023082668.962.26$1,866
May 2023292470.622.23$2,199
Apr 202301,08378.122.24$2,423
Mar 202301,16072.852.39$2,776
Feb 202301,08675.112.47$2,678
Jan 202301,22276.533.39$4,140
Dec 202201,20176.415.73$6,881
Nov 202201,14085.005.65$6,437
Oct 20221921,24487.185.86$24,033
Sep 202201,25984.888.16$10,278
Aug 202201,29594.529.13$11,820
Jul 202211,382101.587.54$10,525
Jun 202211,206115.097.98$9,736
May 202201,224109.378.43$10,322
Apr 202201,410104.226.84$9,641
Mar 20220823108.885.08$4,178
Feb 20221941,30891.054.86$24,019
Jan 202201,32081.844.54$5,990
Dec 202101,39471.323.90$5,435
Nov 202111,45377.435.24$7,687
Oct 202131,37779.795.71$8,107
Sep 20211921,32769.865.35$20,514
Aug 202101,36566.024.22$5,761
Jul 202101,33270.783.98$5,304
Jun 202101,33569.493.38$4,513
May 2021094363.483.02$2,846
Apr 202101,23660.362.76$3,409
Mar 20211851,52861.302.72$15,492
Feb 202101,09757.805.55$6,086
Jan 202101,38050.412.81$3,878
Dec 202001,13844.642.68$3,045
Nov 202001,36438.772.71$3,692
Oct 202001,35036.972.48$3,346
Sep 20201931,21137.091.99$9,570
Aug 202001,37139.982.39$3,270
Jul 202001,46638.371.83$2,676
Jun 202001,54634.901.69$2,613
May 202001,24716.921.81$2,263
Apr 202001,45814.751.80$2,631
Mar 202001,49230.341.86$2,770
Feb 202001,29749.881.98$2,569
Jan 20201831,47557.252.09$13,566
Dec 201901,31159.012.30$3,021
Nov 201901,34155.302.75$3,689
Oct 201902,23453.472.42$5,403
Sep 201901,25355.052.66$3,330
Aug 2019079953.112.30$1,841
Jul 201901,26456.272.46$3,110
Jun 20191901,36652.782.49$13,431
May 201901,24658.482.74$3,414
Apr 201901,41562.632.75$3,892
Mar 201901,43156.803.06$4,382
Feb 201901,27650.852.79$3,563
Jan 20191911,74646.033.23$14,428
Dec 201801,59846.594.19$6,688
Nov 201801,56452.934.24$6,627
Oct 201801,64961.443.40$5,603
Sep 201801,68859.543.11$5,246
Aug 20181831,56259.403.07$15,660
Jul 201801,71765.142.93$5,034
Jun 201801,68160.183.08$5,172
May 2018075165.382.90$2,179
Apr 201801,26563.842.90$3,670
Mar 201801,62561.222.79$4,529
Feb 20181851,29861.782.77$15,020
Jan 201802,09562.874.01$8,400
Dec 201701,71257.272.92$5,002
Nov 201701,87455.423.12$5,844
Oct 20171881,67449.292.98$14,261
Sep 201702,29847.523.09$7,095
Aug 201701,15845.373.00$3,479
Jul 201701,56043.873.09$4,816
Jun 201701,91342.493.09$5,906
May 201701,50945.373.26$4,924
Apr 20171911,37547.933.21$13,571
Mar 201701,43346.772.98$4,276
Feb 201701,63850.452.95$4,836
Jan 201701,56549.413.42$5,350
Dec 20161951,52948.763.72$15,200
Nov 201601,02542.492.64$2,710
Oct 201601,65746.193.09$5,121
Sep 201601,13841.553.10$3,529
Aug 201601,12641.442.92$3,293
Jul 201601,38441.622.92$4,047
Jun 20161911,13545.352.69$11,710
May 201601,00942.521.99$2,009
Apr 201601,21736.561.99$2,423
Mar 201601,22933.011.79$2,205
Feb 201601,02626.472.06$2,117
Jan 2016095027.352.36$2,246
Dec 201501,14632.362.00$2,294
Nov 201501,01838.792.17$2,206
Oct 20151841,17043.552.43$10,852
Sep 201501,11342.992.76$3,070
Aug 201501,17640.162.87$3,378
Jul 2015087948.152.95$2,589
Jun 201501,12356.152.88$3,237
May 201501,02955.212.96$3,041
Apr 20151931,17049.822.71$12,782
Mar 201501,31742.892.93$3,865
Feb 201501,07744.662.98$3,205
Jan 201501,12343.433.10$3,482
Dec 201401,05654.693.59$3,792
Nov 2014091570.464.25$3,890
Oct 201401,08478.303.90$4,229
Sep 2014071486.164.05$2,888
Aug 20141801,08589.394.04$20,468
Jul 201401,51696.564.18$6,336
Jun 2014078298.164.74$3,704
May 2014092794.734.73$4,382
Apr 201401,46795.944.81$7,055
Mar 201402,39295.895.06$12,096
Feb 20142001,95697.406.19$31,592
Jan 201401,34190.404.86$6,518
Dec 201301,62691.824.35$7,080
Nov 201301,94288.853.74$7,260
Oct 20131911,80097.423.78$25,410
Sep 201302,238104.113.72$8,320
Aug 201302,667104.253.52$9,395
Jul 201302,071102.523.72$7,699
Jun 20131922,72794.403.93$28,851
May 201302,17594.834.15$9,024
Apr 201302,60693.964.28$11,160
Mar 20131942,43693.623.91$27,694
Feb 201302,48491.233.42$8,495
Jan 201301,34991.603.42$4,613
Dec 201201,84286.773.42$6,300
Nov 20121952,37286.953.62$25,554
Oct 201202,71589.383.40$9,230
Sep 201202,57294.672.92$7,506
Aug 201202,75392.662.91$8,006
Jul 20121842,66885.133.02$23,723
Jun 201203,21579.822.52$8,099
May 201202,04791.612.49$5,094
Apr 20121941,825101.652.00$23,364
Mar 201202,320105.052.22$5,155
Feb 201202,408101.102.57$6,189
Jan 20121962,40398.092.73$25,796
Dec 201102,74496.873.24$8,890
Nov 201102,83895.723.31$9,397
Oct 201102,32084.983.65$8,465
Sep 20111922,42683.623.99$25,725
Aug 201103,03483.404.15$12,589
Jul 201102,95594.144.52$13,348
Jun 20112012,79192.904.64$31,623
May 201102,93298.134.40$12,915
Apr 201102,492105.964.33$10,799
Mar 20111872,58296.364.06$28,495
Feb 201102,45985.644.18$10,279
Jan 201102,61786.504.59$12,009
Dec 2010069485.734.35$3,017
Nov 20101942,37880.843.80$24,708
Oct 201002,56578.103.51$9,000
Sep 201002,49472.633.98$9,925
Aug 201002,78473.684.42$12,304
Jul 20101924,83972.554.74$36,849
Jun 201002,25570.364.91$11,073
May 201001,83071.124.24$7,750
Apr 201001,56781.694.12$6,460
Mar 20101941,62278.394.39$22,326
Feb 201001,51773.585.44$8,256
Jan 201001,61374.365.96$9,620
Dec 200901,74571.445.48$9,569
Nov 200902,15074.593.75$8,066
Oct 20091942,15372.544.11$22,922
Sep 200902,01065.543.06$6,160
Aug 200901,87767.423.22$6,041
Jul 200901,89161.133.46$6,551
Jun 200901,97766.163.90$7,700
May 20091922,04754.743.93$18,546
Apr 200901,79846.773.59$6,450
Mar 200901,98542.144.06$8,057
Feb 200901,41432.814.63$6,551
Jan 20091862,27435.865.37$18,884
Dec 20081832,59737.105.98$22,312
Nov 200801,17755.496.86$8,075
Oct 200802,36975.246.92$16,398
Sep 200802,082101.767.88$16,400
Aug 200802,324114.228.48$19,715
Jul 200802,140131.0811.39$24,373
Jun 200802,244131.3313.03$29,245
May 20081782,138123.1711.57$46,670
Apr 200801,981110.3110.45$20,711
Mar 200802,281101.909.66$22,044
Feb 20081842,15592.538.77$35,926
Jan 200802,10490.388.21$17,265
Dec 200702,24388.337.30$16,378
Nov 200702,45691.677.29$17,908
Oct 20071422,47782.856.92$28,910
Sep 200702,43875.846.24$15,223
Aug 200702,58569.066.39$16,513
Jul 20071783,17670.906.39$32,908
Jun 200703,04162.007.55$22,955
May 20071792,90358.747.85$33,292
Apr 200702,78459.617.81$21,730
Mar 200703,40856.927.30$24,885
Feb 20071853,14355.108.22$36,016
Jan 200704,52350.306.73$30,426
Dec 20061845,01656.656.92$45,127
Nov 200604,96754.207.62$37,836
Oct 200604,94654.906.01$29,744
Sep 20061825,27060.085.04$37,481
Aug 200605,11768.717.34$37,558
Jul 20061836,21069.376.34$52,083
Jun 20061743,73366.286.38$35,364
May 200615,81266.016.42$37,408
Apr 20061613,82064.397.36$38,484
Mar 20061845,15956.707.08$46,974
Feb 20061904,85557.597.75$48,574
Jan 20061818,68760.598.93$88,571
Dec 20051949,54454.9413.42$138,695
Nov 20051875,61154.6910.59$69,639
Oct 20051858,70158.3413.80$130,830
Sep 200507,99561.4512.08$96,572
Aug 20051668,25261.519.80$91,054
Jul 2005138,48155.697.84$67,246
Jun 20051695,58652.337.38$50,074
May 200537,24145.226.65$48,297
Apr 200581,80449.207.36$13,672
Mar 20051953,61150.377.15$35,658
Feb 20051876,87745.226.31$51,863
Jan 200595,63343.166.32$36,001
Dec 20041996,13639.866.75$49,357
Nov 20042017,42845.286.33$56,124
Oct 20041956,19849.706.52$50,072
Sep 2004258,05043.245.28$43,616
Aug 20042387,17142.375.55$49,888
Jul 200462,80738.286.08$17,308
Jun 2004034236.106.43$2,200
May 200402,21437.486.49$14,379
Apr 20041924,26334.475.86$31,593
Mar 200421,48434.365.53$8,275
Feb 2004043132.455.51$2,375
Jan 200442,51032.036.30$15,940
Dec 20031984,28530.266.30$32,994
Nov 200343,62928.804.60$16,791
Oct 200343,71228.174.76$17,780
Sep 200322,95526.314.75$14,087
Aug 20031902,92029.765.13$20,633
Jul 200302,96629.415.17$15,337
Jun 200333,41028.565.98$20,488
May 20031743,65726.595.97$26,469
Apr 200302,43126.675.41$13,145
Mar 200311,81131.146.10$11,071
Feb 200343,37833.487.93$26,908
Jan 200312,44430.315.58$13,673
Dec 20021712,48026.914.85$16,639
Nov 200203,31724.664.14$13,722
Oct 20021684,66126.464.23$24,157
Sep 20021086,59327.443.64$26,930
Aug 20021484,53625.963.16$18,195
Jul 20021493,74424.583.06$15,126
Jun 20021773,28123.733.34$15,153
May 200203,16124.663.58$11,329
Apr 20021824,76223.653.51$21,030
Mar 200203,48022.003.10$10,797
Feb 20021914,23118.222.38$13,532
Jan 20023616,35417.172.38$21,293
Dec 200105,14516.932.36$12,165
Nov 200102,91118.072.41$7,002
Oct 20011873,12419.782.53$11,599
Sep 200103,50224.262.25$7,884
Aug 20013573,44624.873.05$19,400
Jul 200103,73823.933.20$11,951
Jun 200104,32824.563.82$16,551
May 200103,09325.524.31$13,323
Apr 20013674,32124.685.34$32,111
Mar 200103,64524.545.38$19,597
Feb 200102,52827.755.77$14,579
Jan 20011942,97627.478.40$30,324
Dec 200003,52526.889.12$32,157
Nov 20001813,52532.215.66$25,774
Oct 200003,61031.235.15$18,575
Sep 20001763,91531.875.19$25,914
Aug 20001934,29429.644.54$25,219
Jul 20001793,90128.534.09$21,061
Jun 200004,46629.304.40$19,638
May 200005,56027.263.68$20,459
Apr 20001865,36924.513.12$21,289
Mar 20001847,01628.422.86$25,293
Feb 20001956,39927.622.73$22,833
Jan 200065,95125.272.48$14,913
Dec 19992057,55524.282.42$23,289
Nov 19991937,67823.192.43$23,164
Oct 199937711,02720.982.80$38,826
Sep 199921612,36721.752.62$37,085
Aug 19991798,57719.262.88$28,112
Jul 199936910,55517.892.37$31,642
Jun 199936510,66415.942.36$31,008
May 1999011,32615.792.32$26,288
Apr 199918312,55315.102.21$30,481
Mar 199919313,46812.471.84$27,165
Feb 199937512,4469.981.82$26,367
Jan 199920214,44810.381.90$29,547
Dec 199838014,8239.201.77$29,782
Nov 199838814,70810.892.19$36,373
Oct 199818916,06412.421.97$33,981
Sep 199836215,96812.592.08$37,813
Aug 199836016,74011.301.91$35,997
Jul 199836218,01311.742.24$44,550
Jun 199838318,23611.242.24$45,104
May 199837420,36412.622.21$49,650
Apr 199855819,74213.042.51$56,737
Mar 199839321,15612.802.31$53,889
Feb 199837920,46413.952.30$52,336
Jan 199836722,92814.702.15$54,800
Dec 199762526,14416.322.41$73,236
Nov 199754726,98618.193.09$93,290
Oct 199755328,36819.253.15$99,999
Sep 199736633,61917.742.95$105,833
Aug 199760240,38317.862.55$113,920
Jul 19971,08948,64717.582.25$128,452
Jun 199797654,48117.242.26$139,801
May 19971,53765,27518.972.31$179,844
Apr 19971,69940,12217.882.08$113,943
Mar 19971,83237,02918.951.94$106,521
Feb 19974,97094,49020.492.21$310,271
Jan 19970023.483.54$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             0 bbl  × $106.41 =         $0
Gas                  629 Mcf  × $  3.05 =     $1,916

────────────────────────────────────────────────────
Month total                                   $1,916

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/162239 is the state's own key, not one this site invented.