CARROLL - PETERS UNIT

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

Gas lease lease 162306District 03Field 504246002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Jan 1997 – May 2026
Value, last 12 filed months
$3 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 42 leases and 42 wells, and the rule below applies to all of them.

Discovered
1978-06-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1996-11-01.

The Commission's schedule remark for this field reads: THIS FIELD SAME AS KURTEN (BUDA) IN OIL.

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 Gas111997-07-18136437
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
CondensateDisposition43,021 bbl$1,479,653
GasProduction802,290 Mcf$3,133,095
Total$4,612,747

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 30.6676, -96.2798. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.66762, -96.27981 · 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
13,063 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 13,063 ft.

1 well

42-041315391H13,063 ft1997

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 202608106.413.05$24
Apr 20260798.932.87$20
Mar 20260189.753.15$3
Feb 20260463.503.75$15
Jan 20260059.138.00$0
Dec 202501856.664.41$79
Nov 202501258.593.93$47
Oct 202501759.383.30$56
Sep 20250062.743.08$0
Aug 202501463.933.01$42
Jul 202537066.743.32$2,469
Jun 202501866.483.13$56
May 202501660.553.23$52
Apr 20250062.363.54$0
Mar 202501667.704.27$68
Feb 202501570.884.34$65
Jan 202502374.324.28$98
Dec 202402568.993.12$78
Nov 202401769.052.20$37
Oct 202401671.372.28$37
Sep 202403469.612.36$80
Aug 202404675.632.06$95
Jul 202407879.932.15$167
Jun 202405678.082.63$148
May 202408978.812.20$196
Apr 2024014384.451.66$237
Mar 2024101780.301.55$8,121
Feb 2024024376.091.78$433
Jan 2024037573.023.30$1,237
Dec 2023038271.262.61$997
Nov 2023040777.892.81$1,143
Oct 202318136685.443.09$16,595
Sep 2023036389.042.74$993
Aug 2023036480.522.67$973
Jul 2023036974.852.64$975
Jun 2023137068.962.26$905
May 2023036370.622.23$809
Apr 2023037978.122.24$848
Mar 202316939472.852.39$13,255
Feb 2023139375.112.47$1,044
Jan 2023028176.533.39$952
Dec 2022035376.415.73$2,022
Nov 2022033885.005.65$1,908
Oct 2022136087.185.86$2,198
Sep 202217535584.888.16$17,752
Aug 2022035694.529.13$3,249
Jul 20220350101.587.54$2,640
Jun 20220373115.097.98$2,976
May 20220318109.378.43$2,682
Apr 20220352104.226.84$2,407
Mar 2022172315108.885.08$20,326
Feb 2022126791.054.86$1,388
Jan 2022030881.844.54$1,398
Dec 2021035071.323.90$1,365
Nov 2021032477.435.24$1,697
Oct 2021032979.795.71$1,880
Sep 202117831669.865.35$14,126
Aug 2021034566.024.22$1,456
Jul 2021037370.783.98$1,485
Jun 2021037369.493.38$1,261
May 2021038563.483.02$1,162
Apr 2021044760.362.76$1,233
Mar 202118033961.302.72$11,955
Feb 2021031657.805.55$1,753
Jan 2021039350.412.81$1,104
Dec 2020039744.642.68$1,062
Nov 2020037638.772.71$1,018
Oct 2020039336.972.48$974
Sep 202018937937.091.99$7,765
Aug 2020040739.982.39$971
Jul 2020043638.371.83$796
Jun 2020041334.901.69$698
May 2020042516.921.81$771
Apr 2020039114.751.80$706
Mar 202018930230.341.86$6,295
Feb 202009749.881.98$192
Jan 2020014157.252.09$295
Dec 2019012659.012.30$290
Nov 2019011655.302.75$319
Oct 201918419953.472.42$10,320
Sep 2019032355.052.66$858
Aug 2019065453.112.30$1,507
Jul 2019066956.272.46$1,646
Jun 2019177252.782.49$9,347
May 2019024258.482.74$663
Apr 2019058162.632.75$1,598
Mar 2019054956.803.06$1,681
Feb 2019046950.852.79$1,310
Jan 201919051446.033.23$10,405
Dec 2018053546.594.19$2,239
Nov 201818652852.934.24$12,082
Oct 2018052661.443.40$1,787
Sep 2018057259.543.11$1,778
Aug 2018056959.403.07$1,745
Jul 2018057365.142.93$1,680
Jun 2018064160.183.08$1,972
May 2018065165.382.90$1,888
Apr 201818867863.842.90$13,969
Mar 2018044061.222.79$1,226
Feb 2018059761.782.77$1,651
Jan 2018062962.874.01$2,522
Dec 2017060457.272.92$1,765
Nov 2017054655.423.12$1,703
Oct 2017066949.292.98$1,996
Sep 2017059647.523.09$1,840
Aug 2017056445.373.00$1,694
Jul 2017059143.873.09$1,825
Jun 2017056142.493.09$1,732
May 2017055245.373.26$1,801
Apr 201719454047.933.21$11,033
Mar 2017062546.772.98$1,865
Feb 2017050750.452.95$1,497
Jan 2017054549.413.42$1,863
Dec 2016059548.763.72$2,215
Nov 2016061742.492.64$1,632
Oct 2016062546.193.09$1,931
Sep 201619054341.553.10$9,578
Aug 2016059941.442.92$1,752
Jul 2016055241.622.92$1,614
Jun 2016059445.352.69$1,595
May 2016056742.521.99$1,129
Apr 201618761836.561.99$8,067
Mar 2016078833.011.79$1,414
Feb 2016070926.472.06$1,463
Jan 2016019827.352.36$468
Dec 2015056232.362.00$1,125
Nov 201518056138.792.17$8,198
Oct 2015060343.552.43$1,463
Sep 2015064742.992.76$1,785
Aug 2015066140.162.87$1,899
Jul 2015065148.152.95$1,917
Jun 201519259056.152.88$12,482
May 2015064255.212.96$1,897
Apr 2015070149.822.71$1,897
Mar 2015067542.892.93$1,981
Feb 2015060744.662.98$1,807
Jan 20155067243.433.10$4,255
Dec 201419679754.693.59$13,582
Nov 2014074670.464.25$3,172
Oct 201401,03178.303.90$4,022
Sep 201406486.164.05$259
Aug 2014033989.394.04$1,368
Jul 2014075196.564.18$3,139
Jun 201418573498.164.74$21,636
May 2014075794.734.73$3,578
Apr 2014070295.944.81$3,376
Mar 2014076595.895.06$3,868
Feb 201418270497.406.19$22,086
Jan 2014072190.404.86$3,505
Dec 2013070391.824.35$3,061
Nov 2013068488.853.74$2,557
Oct 201319484897.423.78$22,104
Sep 20130793104.113.72$2,948
Aug 20130818104.253.52$2,881
Jul 20130755102.523.72$2,807
Jun 2013075294.403.93$2,958
May 2013082094.834.15$3,402
Apr 201319276593.964.28$21,317
Mar 2013083693.623.91$3,271
Feb 2013065991.233.42$2,254
Jan 2013078691.603.42$2,688
Dec 20129589386.773.42$11,297
Nov 2012081086.953.62$2,936
Oct 201217882689.383.40$18,718
Sep 2012076294.672.92$2,224
Aug 2012093192.662.91$2,708
Jul 2012089985.133.02$2,716
Jun 2012080679.822.52$2,030
May 201219283391.612.49$19,662
Apr 20120891101.652.00$1,779
Mar 20120872105.052.22$1,938
Feb 2012194811101.102.57$21,698
Jan 2012083498.092.73$2,280
Dec 2011086796.873.24$2,809
Nov 201119590695.723.31$21,665
Oct 2011091884.983.65$3,349
Sep 2011084783.623.99$3,376
Aug 2011086083.404.15$3,568
Jul 201101,04894.144.52$4,734
Jun 20111931,05092.904.64$22,802
May 201101,06498.134.40$4,687
Apr 201101,017105.964.33$4,407
Mar 201101,09696.364.06$4,447
Feb 20111961,15585.644.18$21,613
Jan 201101,23286.504.59$5,653
Dec 20101971,18585.734.35$22,041
Nov 201001,42280.843.80$5,397
Oct 20101971,34678.103.51$20,109
Sep 201001,28172.633.98$5,098
Aug 20101931,71473.684.42$21,795
Jul 201001,82272.554.74$8,630
Jun 201001,75470.364.91$8,613
May 20101951,72871.124.24$21,187
Apr 201001,73281.694.12$7,141
Mar 201001,86478.394.39$8,180
Feb 20101961,60573.585.44$23,157
Jan 201001,69074.365.96$10,079
Dec 200901,74071.445.48$9,542
Nov 20091921,72474.593.75$20,789
Oct 200901,76072.544.11$7,234
Sep 200901,68465.543.06$5,161
Aug 20091931,85067.423.22$18,966
Jul 200901,82061.133.46$6,305
Jun 20091931,83766.163.90$19,924
May 200901,94354.743.93$7,628
Apr 200901,80846.773.59$6,486
Mar 20091971,84742.144.06$15,799
Feb 200901,76732.814.63$8,187
Jan 20091821,97835.865.37$17,150
Dec 200801,82137.105.98$10,884
Nov 20081831,75755.496.86$22,208
Oct 200801,98275.246.92$13,719
Sep 200801,508101.767.88$11,879
Aug 20081831,837114.228.48$36,486
Jul 200801,853131.0811.39$21,105
Jun 20081831,978131.3313.03$49,812
May 200802,026123.1711.57$23,450
Apr 20081821,934110.3110.45$40,296
Mar 200801,890101.909.66$18,265
Feb 200801,79092.538.77$15,699
Jan 20081851,99390.388.21$33,074
Dec 200701,95388.337.30$14,261
Nov 20071851,98591.677.29$31,433
Oct 200701,97982.856.92$13,699
Sep 200702,01175.846.24$12,557
Aug 200701,99969.066.39$12,769
Jul 20071782,05570.906.39$25,747
Jun 200701,98062.007.55$14,946
May 20071822,11558.747.85$27,286
Apr 200702,05759.617.81$16,055
Mar 20071812,13756.927.30$25,907
Feb 200701,96455.108.22$16,136
Jan 20071742,14650.306.73$23,188
Dec 200602,22756.656.92$15,407
Nov 200602,16054.207.62$16,454
Oct 20061772,36254.906.01$23,922
Sep 20061832,25460.085.04$22,348
Aug 200602,18668.717.34$16,045
Jul 200602,27269.376.34$14,411
Jun 20061762,35466.286.38$26,693
May 200612,35366.016.42$15,184
Apr 20061842,22364.397.36$28,210
Mar 200612,52056.707.08$17,906
Feb 20061862,02257.597.75$26,385
Jan 200612,40560.598.93$21,545
Dec 20051683,17654.9413.42$51,837
Nov 200562,94454.6910.59$31,500
Oct 20053162,19158.3413.80$48,662
Sep 200502,45261.4512.08$29,618
Aug 200512,80761.519.80$27,561
Jul 20051582,78255.697.84$30,620
Jun 20051652,53252.337.38$27,323
May 20051872,99345.226.65$28,363
Apr 200502,07849.207.36$15,295
Mar 20053662,35150.377.15$35,257
Feb 20051841,65945.226.31$18,792
Jan 200512,59343.166.32$16,437
Dec 200401,81839.866.75$12,273
Nov 20041852,17345.286.33$22,133
Oct 200402,19449.706.52$14,294
Sep 20043642,43843.245.28$28,622
Aug 200412,34442.375.55$13,053
Jul 200401,80638.286.08$10,988
Jun 200402,38836.106.43$15,362
May 20041842,67837.486.49$24,289
Apr 20041772,43634.475.86$20,372
Mar 20041812,34734.365.53$19,198
Feb 200402,61132.455.51$14,386
Jan 20041822,28532.036.30$20,224
Dec 20031802,63430.266.30$22,045
Nov 200302,19428.804.60$10,082
Oct 20031822,68428.174.76$17,902
Sep 20031612,54226.314.75$16,309
Aug 20031783,04929.765.13$20,938
Jul 200302,33529.415.17$12,074
Jun 20031882,58628.565.98$20,841
May 20031572,61026.595.97$19,763
Apr 200302,59526.675.41$14,032
Mar 20031732,65031.146.10$21,542
Feb 200312,78233.487.93$22,083
Jan 20031943,12830.315.58$23,341
Dec 20021762,98726.914.85$19,234
Nov 20021692,86624.664.14$16,024
Oct 200202,57826.464.23$10,903
Sep 20021711,70527.443.64$10,890
Aug 20021871,25525.963.16$8,826
Jul 20023241,85324.583.06$13,637
Jun 200203,18123.733.34$10,619
May 20021713,10524.663.58$15,345
Apr 20021792,80023.653.51$14,068
Mar 20021832,41722.003.10$11,525
Feb 20021731,55418.222.38$6,844
Jan 20023612,60417.172.38$12,385
Dec 20013532,87016.932.36$12,762
Nov 200102,19318.072.41$5,275
Oct 200102,93019.782.53$7,410
Sep 20011822,40524.262.25$9,830
Aug 20011782,35024.873.05$11,602
Jul 20013492,46223.933.20$16,223
Jun 20011813,43524.563.82$17,581
May 20013593,70725.524.31$25,129
Apr 200103,25024.685.34$17,340
Mar 20011843,66124.545.38$24,199
Feb 20011864,00127.755.77$28,236
Jan 20011873,22427.478.40$32,214
Dec 20007293,78926.889.12$54,161
Nov 200003,25532.215.66$18,417
Oct 20001793,71131.235.15$24,685
Sep 20003654,45231.875.19$34,723
Aug 20001824,14429.644.54$24,211
Jul 20003654,45428.534.09$28,629
Jun 20005424,40829.304.40$35,264
May 200004,42327.263.68$16,276
Apr 20003694,68124.513.12$23,630
Mar 20001724,98128.422.86$19,133
Feb 20005364,52127.622.73$27,131
Jan 20001864,16325.272.48$15,027
Dec 19993473,17524.282.42$16,120
Nov 19991833,62123.192.43$13,057
Oct 19993683,57020.982.80$17,730
Sep 19993634,38021.752.62$19,366
Aug 19991833,22619.262.88$12,801
Jul 19995496,38817.892.37$24,976
Jun 19991883,22515.942.36$10,614
May 19991933,36815.792.32$10,865
Apr 19991854,57615.102.21$12,898
Mar 19993756,18912.471.84$16,054
Feb 19993713,6509.981.82$10,338
Jan 19993755,45710.381.90$14,261
Dec 19983687,1609.201.77$16,083
Nov 19981863,79710.892.19$10,325
Oct 19985516,61612.421.97$19,872
Sep 19981813,69912.592.08$9,982
Aug 19983635,65911.301.91$14,896
Jul 19983586,68011.742.24$19,148
Jun 19983504,86511.242.24$14,818
May 19983585,54312.622.21$16,748
Apr 19983586,21313.042.51$20,234
Mar 19985478,11112.802.31$25,733
Feb 19981876,23313.952.30$16,939
Jan 19983666,78414.702.15$19,998
Dec 19973708,83216.322.41$27,333
Nov 19975539,16618.193.09$38,366
Oct 199717910,12919.253.15$35,350
Sep 199772211,18917.742.95$45,870
Aug 199717913,74617.862.55$38,314
Jul 199771115,27817.582.25$46,828
Jun 199772215,81917.242.26$48,154
May 199772519,48318.972.31$58,730
Apr 19971,09423,29317.882.08$68,075
Mar 19971,09032,45118.951.94$83,583
Feb 19972,35745,04020.492.21$147,649
Jan 19974,00363,81123.483.54$319,862

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                    8 Mcf  × $  3.05 =        $24

────────────────────────────────────────────────────
Month total                                      $24

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/162306 is the state's own key, not one this site invented.