SCHWICKERT 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 162896District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Mar 1997 – Feb 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
348
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 Gas111998-04-08136588
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
CondensateDisposition4 bbl$222
GasProduction1,672,391 Mcf$5,455,086
Total$5,455,308

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 30.1201, -96.4726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.12013, -96.47259 · 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
19,525 ft
1 wells filed one
Completion to plug
28.9 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 19,525 ft.

Completions filed
Mar 1997
1 of 1 wells
Plug dates filed
Feb 2026
1 of 1 wells

Last completion to plug: a median of 28.9 years across the 1 well that filed both dates, with the middle half between 28.9 years and 28.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47730831119,525 ftMar 1997Feb 2026Yes

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 (348)

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

348 months

Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
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 20200036.972.48$0
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 20200030.341.86$0
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 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016068842.521.99$1,370
Apr 2016048536.561.99$966
Mar 20160033.011.79$0
Feb 20160126.472.06$2
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015011142.892.93$326
Feb 201508044.662.98$238
Jan 2015036243.433.10$1,122
Dec 2014060154.693.59$2,158
Nov 2014076470.464.25$3,248
Oct 2014055978.303.90$2,181
Sep 2014029786.164.05$1,202
Aug 2014057389.394.04$2,312
Jul 2014040196.564.18$1,676
Jun 2014077298.164.74$3,657
May 20140094.734.73$0
Apr 2014048395.944.81$2,323
Mar 2014092095.895.06$4,652
Feb 201401,05297.406.19$6,514
Jan 201401,26090.404.86$6,125
Dec 2013048191.824.35$2,095
Nov 2013069288.853.74$2,587
Oct 201301,02297.423.78$3,863
Sep 201300104.113.72$0
Aug 20130613104.253.52$2,159
Jul 201301,084102.523.72$4,030
Jun 2013094294.403.93$3,705
May 2013028794.834.15$1,191
Apr 2013039293.964.28$1,679
Mar 2013062093.623.91$2,426
Feb 201301,02891.233.42$3,516
Jan 2013088791.603.42$3,033
Dec 2012049186.773.42$1,679
Nov 2012054586.953.62$1,976
Oct 2012070589.383.40$2,397
Sep 201203,63994.672.92$10,620
Aug 201202,00792.662.91$5,837
Jul 201201,08385.133.02$3,272
Jun 201201,15979.822.52$2,920
May 2012088091.612.49$2,190
Apr 201201,443101.652.00$2,881
Mar 201201,559105.052.22$3,464
Feb 201201,331101.102.57$3,421
Jan 201201,56598.092.73$4,279
Dec 201101,62596.873.24$5,265
Nov 201102,91195.723.31$9,639
Oct 201102,90384.983.65$10,592
Sep 201103,42183.623.99$13,635
Aug 201102,29183.404.15$9,506
Jul 201103,79294.144.52$17,129
Jun 201103,01192.904.64$13,971
May 201102,48398.134.40$10,937
Apr 201103,313105.964.33$14,356
Mar 201101,43196.364.06$5,806
Feb 201101,18485.644.18$4,949
Jan 201102,33986.504.59$10,733
Dec 201001,95885.734.35$8,513
Nov 201002,03580.843.80$7,724
Oct 201001,54378.103.51$5,414
Sep 201001,99272.633.98$7,927
Aug 201002,27373.684.42$10,045
Jul 201002,37672.554.74$11,254
Jun 201002,15770.364.91$10,592
May 201002,34371.124.24$9,923
Apr 201002,58981.694.12$10,674
Mar 201001,77078.394.39$7,768
Feb 201002,32273.585.44$12,637
Jan 201002,24774.365.96$13,401
Dec 200902,61971.445.48$14,362
Nov 200902,31374.593.75$8,677
Oct 200902,77672.544.11$11,410
Sep 200902,49665.543.06$7,650
Aug 200902,48267.423.22$7,988
Jul 200902,64861.133.46$9,174
Jun 200902,74166.163.90$10,676
May 200902,61954.743.93$10,282
Apr 200902,17546.773.59$7,803
Mar 200902,66942.144.06$10,833
Feb 200902,74132.814.63$12,699
Jan 200902,97035.865.37$15,952
Dec 200802,46837.105.98$14,752
Nov 200802,98355.496.86$20,464
Oct 200803,28175.246.92$22,711
Sep 200802,920101.767.88$23,001
Aug 200801,976114.228.48$16,762
Jul 200802,914131.0811.39$33,189
Jun 200801,677131.3313.03$21,856
May 200801,832123.1711.57$21,204
Apr 200803,118110.3110.45$32,598
Mar 20080784101.909.66$7,577
Feb 200802,73692.538.77$23,996
Jan 200802,54890.388.21$20,908
Dec 200701,33088.337.30$9,712
Nov 200702,71091.677.29$19,761
Oct 200701,46282.856.92$10,120
Sep 200702,20475.846.24$13,762
Aug 200702,79669.066.39$17,861
Jul 200702,98470.906.39$19,062
Jun 200701,52062.007.55$11,474
May 200703,51858.747.85$27,603
Apr 2007060959.617.81$4,753
Mar 200702,81456.927.30$20,548
Feb 200702,41055.108.22$19,801
Jan 200701,04850.306.73$7,050
Dec 200601,81256.656.92$12,536
Nov 200602,03154.207.62$15,471
Oct 200602,64554.906.01$15,907
Sep 200612,78360.085.04$14,079
Aug 200601,48768.717.34$10,914
Jul 200602,70469.376.34$17,151
Jun 2006094566.286.38$6,033
May 200602,28266.016.42$14,662
Apr 200602,94664.397.36$21,684
Mar 200601,35256.707.08$9,576
Feb 200601,90857.597.75$14,789
Jan 200602,44760.598.93$21,860
Dec 200512,50554.9413.42$33,661
Nov 200502,78554.6910.59$29,489
Oct 200502,61458.3413.80$36,062
Sep 200513,17761.4512.08$38,436
Aug 200502,46661.519.80$24,159
Jul 200503,37055.697.84$26,433
Jun 200502,11652.337.38$15,618
May 200503,21245.226.65$21,364
Apr 200504,06049.207.36$29,884
Mar 2005053350.377.15$3,814
Feb 200513,06545.226.31$19,391
Jan 200503,06543.166.32$19,378
Dec 200402,28639.866.75$15,433
Nov 200404,07645.286.33$25,803
Oct 200404,40649.706.52$28,706
Sep 200401,51943.245.28$8,026
Aug 200403,40642.375.55$18,906
Jul 200402,32738.286.08$14,158
Jun 200403,42836.106.43$22,052
May 200403,94837.486.49$25,641
Apr 200403,52134.475.86$20,628
Mar 200403,46034.365.53$19,134
Feb 200402,97432.455.51$16,386
Jan 200403,80032.036.30$23,939
Dec 200303,63130.266.30$22,881
Nov 200304,20428.804.60$19,318
Oct 200303,71128.174.76$17,663
Sep 200304,33326.314.75$20,579
Aug 200305,84729.765.13$29,993
Jul 200304,05029.415.17$20,942
Jun 200302,95528.565.98$17,680
May 200304,95326.595.97$29,583
Apr 200304,37526.675.41$23,657
Mar 200303,14531.146.10$19,172
Feb 200302,57533.487.93$20,409
Jan 2003013,36130.315.58$74,582
Dec 200203,69726.914.85$17,944
Nov 200203,04824.664.14$12,609
Oct 200204,16026.464.23$17,593
Sep 200204,33027.443.64$15,740
Aug 200206,49625.963.16$20,554
Jul 200203,22324.583.06$9,868
Jun 200204,10023.733.34$13,687
May 200204,29124.663.58$15,379
Apr 200204,36123.653.51$15,317
Mar 200204,63322.003.10$14,375
Feb 200204,04718.222.38$9,614
Jan 200203,96117.172.38$9,410
Dec 200102,96516.932.36$7,010
Nov 200103,78118.072.41$9,095
Oct 200103,92619.782.53$9,928
Sep 200107,19324.262.25$16,194
Aug 200102,44024.873.05$7,450
Jul 200104,92723.933.20$15,752
Jun 200103,81924.563.82$14,604
May 200105,04825.524.31$21,743
Apr 200105,00924.685.34$26,725
Mar 200105,27824.545.38$28,377
Feb 20010027.755.77$0
Jan 200103,59327.478.40$30,177
Dec 200004,20826.889.12$38,387
Nov 200007,79632.215.66$44,110
Oct 200005,07431.235.15$26,108
Sep 200005,64331.875.19$29,267
Aug 200005,63829.644.54$25,601
Jul 200006,19028.534.09$25,316
Jun 200006,10229.304.40$26,832
May 200005,78827.263.68$21,298
Apr 200006,52924.513.12$20,344
Mar 200007,51028.422.86$21,477
Feb 200005,83827.622.73$15,917
Jan 200006,70225.272.48$16,624
Dec 199906,53924.282.42$15,849
Nov 199906,32223.192.43$15,388
Oct 199907,74620.982.80$21,718
Sep 199906,18321.752.62$16,192
Aug 199908,38519.262.88$24,112
Jul 199909,67517.892.37$22,953
Jun 199909,54215.942.36$22,539
May 1999011,39815.792.32$26,455
Apr 199909,82115.102.21$21,685
Mar 1999011,45412.471.84$21,056
Feb 199909,1809.981.82$16,687
Jan 1999013,23410.381.90$25,144
Dec 1998016,1639.201.77$28,662
Nov 1998018,71810.892.19$40,912
Oct 1998018,05712.421.97$35,558
Sep 1998018,06012.592.08$37,612
Aug 1998020,79411.301.91$39,661
Jul 1998023,12711.742.24$51,741
Jun 1998024,98611.242.24$55,900
May 1998027,67812.622.21$61,067
Apr 1998029,30813.042.51$73,426
Mar 1998036,93312.802.31$85,295
Feb 1998044,40813.952.30$102,100
Jan 1998066,38714.702.15$143,050
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 1997067,54819.253.15$212,764
Sep 19970149,33417.742.95$441,264
Aug 19970160,11117.862.55$409,042
Jul 19970207,56017.582.25$466,375
Jun 19970131,73117.242.26$297,343
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$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 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.52 =         $0
Gas                  688 Mcf  × $  1.99 =     $1,370

────────────────────────────────────────────────────
Month total                                   $1,370

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/162896 is the state's own key, not one this site invented.