CLANCY

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 163245District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.7 M
Apr 1997 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
350
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 Gas111997-10-27137488
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
CondensateDisposition10,840 bbl$303,602
GasProduction2,250,402 Mcf$7,377,936
Total$7,681,538

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 30.5532, -95.9345. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.55323, -95.93450 · 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
17,769 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 17,769 ft.

Completions filed
Apr 1997
1 of 1 wells

1 well

42-18530603117,769 ftApr 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 (350)

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

350 months

May 20260665106.413.05$2,025
Apr 2026042998.932.87$1,231
Mar 2026147489.753.15$1,583
Feb 2026041763.503.75$1,564
Jan 2026059759.138.00$4,775
Dec 2025060556.664.41$2,670
Nov 2025077858.593.93$3,055
Oct 202501,09259.383.30$3,609
Sep 202501,07962.743.08$3,320
Aug 202511,13963.933.01$3,498
Jul 202501,11866.743.32$3,706
Jun 202501,05866.483.13$3,310
May 202501,15560.553.23$3,733
Apr 202511,16262.363.54$4,179
Mar 202501,09167.704.27$4,657
Feb 2025049070.884.34$2,127
Jan 2025062774.324.28$2,683
Dec 2024072568.993.12$2,263
Nov 202401,25169.052.20$2,750
Oct 2024054571.372.28$1,243
Sep 2024039669.612.36$936
Aug 2024352875.632.06$1,316
Jul 2024092179.932.15$1,977
Jun 2024086378.082.63$2,273
May 2024089278.812.20$1,961
Apr 2024047584.451.66$788
Mar 2024060680.301.55$936
Feb 2024070776.091.78$1,261
Jan 202401,16173.023.30$3,829
Dec 202301,04571.262.61$2,728
Nov 202301,07477.892.81$3,015
Oct 202301,03985.443.09$3,208
Sep 202301,00389.042.74$2,743
Aug 2023035880.522.67$957
Jul 2023084274.852.64$2,224
Jun 2023055368.962.26$1,249
May 2023071970.622.23$1,602
Apr 202301,28178.122.24$2,867
Mar 2023047472.852.39$1,134
Feb 2023043175.112.47$1,063
Jan 2023059876.533.39$2,026
Dec 2022074676.415.73$4,274
Nov 2022082785.005.65$4,669
Oct 2022085487.185.86$5,008
Sep 202201,07484.888.16$8,768
Aug 2022050194.529.13$4,573
Jul 20220555101.587.54$4,186
Jun 20220583115.097.98$4,651
May 20220755109.378.43$6,367
Apr 20220553104.226.84$3,781
Mar 20220640108.885.08$3,249
Feb 2022046791.054.86$2,269
Jan 2022185781.844.54$3,971
Dec 202101,06271.323.90$4,141
Nov 2021087777.435.24$4,593
Oct 2021089779.795.71$5,125
Sep 2021096269.865.35$5,148
Aug 2021092866.024.22$3,917
Jul 202101,02970.783.98$4,098
Jun 2021082669.493.38$2,792
May 2021083063.483.02$2,505
Apr 2021093860.362.76$2,587
Mar 2021096061.302.72$2,608
Feb 2021089957.805.55$4,988
Jan 2021094850.412.81$2,664
Dec 202001,03544.642.68$2,769
Nov 2020071138.772.71$1,924
Oct 2020081636.972.48$2,022
Sep 202002037.091.99$40
Aug 2020052539.982.39$1,252
Jul 2020053638.371.83$978
Jun 2020050534.901.69$854
May 2020094616.921.81$1,717
Apr 202001,18814.751.80$2,144
Mar 2020048730.341.86$904
Feb 2020039549.881.98$782
Jan 2020081257.252.09$1,701
Dec 2019025659.012.30$590
Nov 2019033855.302.75$930
Oct 2019017053.472.42$411
Sep 2019048355.052.66$1,283
Aug 201901,03753.112.30$2,390
Jul 201902,28056.272.46$5,609
Jun 2019062652.782.49$1,559
May 201901458.482.74$38
Apr 2019050062.632.75$1,375
Mar 2019058756.803.06$1,797
Feb 2019080050.852.79$2,234
Jan 2019092346.033.23$2,980
Dec 2018098246.594.19$4,110
Nov 2018091052.934.24$3,856
Oct 201801,01561.443.40$3,449
Sep 2018096959.543.11$3,012
Aug 201812395659.403.07$10,238
Jul 2018080265.142.93$2,351
Jun 2018098060.183.08$3,015
May 201801,53765.382.90$4,459
Apr 201801,96363.842.90$5,694
Mar 201801,52761.222.79$4,256
Feb 2018092361.782.77$2,553
Jan 201801,05562.874.01$4,230
Dec 201701,33057.272.92$3,886
Nov 201701,79355.423.12$5,591
Oct 201701,64149.292.98$4,896
Sep 201702,56347.523.09$7,913
Aug 201701,29345.373.00$3,885
Jul 201701,59543.873.09$4,924
Jun 201701,60742.493.09$4,961
May 201701,57545.373.26$5,140
Apr 201701,48247.933.21$4,760
Mar 201701,61946.772.98$4,831
Feb 2017033850.452.95$998
Jan 201701,43649.413.42$4,909
Dec 201601,02448.763.72$3,812
Nov 201601,51742.492.64$4,011
Oct 2016089946.193.09$2,778
Sep 201601,06741.553.10$3,308
Aug 201601,08941.442.92$3,185
Jul 201601,15941.622.92$3,389
Jun 201601,44245.352.69$3,873
May 201601,10942.521.99$2,208
Apr 201601,23836.561.99$2,465
Mar 201601,49833.011.79$2,687
Feb 201601,29526.472.06$2,672
Jan 201601,31827.352.36$3,116
Dec 20151131,22732.362.00$6,112
Nov 201501,26438.792.17$2,740
Oct 201501,25843.552.43$3,053
Sep 201501,16442.992.76$3,211
Aug 201501,37240.162.87$3,941
Jul 201501,41448.152.95$4,164
Jun 201501,78856.152.88$5,155
May 2015092555.212.96$2,734
Apr 201501,19749.822.71$3,240
Mar 201501,68042.892.93$4,930
Feb 201501,87244.662.98$5,571
Jan 201502,31343.433.10$7,172
Dec 201401,93654.693.59$6,953
Nov 20141891,86670.464.25$21,251
Oct 201401,97378.303.90$7,697
Sep 201401,77786.164.05$7,189
Aug 201401,91589.394.04$7,727
Jul 201402,05796.564.18$8,597
Jun 201401,92198.164.74$9,100
May 201401,77894.734.73$8,404
Apr 201401,65195.944.81$7,940
Mar 201401,59895.895.06$8,081
Feb 201401,50997.406.19$9,344
Jan 201401,74890.404.86$8,497
Dec 201301,59391.824.35$6,937
Nov 201301,77588.853.74$6,635
Oct 201301,80197.423.78$6,807
Sep 201301,957104.113.72$7,276
Aug 201302,277104.253.52$8,021
Jul 201302,336102.523.72$8,685
Jun 201302,17294.403.93$8,543
May 201302,26294.834.15$9,385
Apr 201302,38293.964.28$10,201
Mar 2013932,58593.623.91$18,821
Feb 201302,34591.233.42$8,020
Jan 201302,50191.603.42$8,553
Dec 201202,53086.773.42$8,653
Nov 201202,57986.953.62$9,349
Oct 20121932,68389.383.40$26,372
Sep 201202,60394.672.92$7,597
Aug 201202,86292.662.91$8,323
Jul 201202,87685.133.02$8,688
Jun 201202,84079.822.52$7,154
May 201203,00191.612.49$7,467
Apr 201202,886101.652.00$5,763
Mar 201202,969105.052.22$6,597
Feb 201202,809101.102.57$7,220
Jan 201203,08798.092.73$8,440
Dec 201103,02296.873.24$9,790
Nov 201103,09095.723.31$10,232
Oct 201103,47284.983.65$12,668
Sep 201102,97183.623.99$11,842
Aug 20111832,88683.404.15$27,237
Jul 201102,28194.144.52$10,304
Jun 201102,36292.904.64$10,959
May 201102,46098.134.40$10,836
Apr 201102,328105.964.33$10,088
Mar 201102,47396.364.06$10,034
Feb 201102,34985.644.18$9,819
Jan 201102,94686.504.59$13,519
Dec 201001,67885.734.35$7,296
Nov 201002,27980.843.80$8,650
Oct 201002,72378.103.51$9,555
Sep 201002,47472.633.98$9,845
Aug 201001,91973.684.42$8,481
Jul 20101842,02072.554.74$22,917
Jun 201002,22970.364.91$10,945
May 201002,68071.124.24$11,350
Apr 201002,73281.694.12$11,263
Mar 201002,85978.394.39$12,547
Feb 201002,49173.585.44$13,557
Jan 201002,59274.365.96$15,459
Dec 200903,00171.445.48$16,457
Nov 200902,20274.593.75$8,261
Oct 200902,76972.544.11$11,381
Sep 200903,35965.543.06$10,295
Aug 200903,08567.423.22$9,929
Jul 200902,75761.133.46$9,552
Jun 200902,61966.163.90$10,201
May 20091922,67854.743.93$21,023
Apr 200902,80946.773.59$10,077
Mar 200903,15842.144.06$12,818
Feb 200903,03132.814.63$14,043
Jan 200903,24635.865.37$17,434
Dec 200803,06837.105.98$18,338
Nov 200803,32355.496.86$22,797
Oct 200801,93075.246.92$13,359
Sep 200802,293101.767.88$18,062
Aug 200803,308114.228.48$28,062
Jul 200803,341131.0811.39$38,052
Jun 200802,286131.3313.03$29,793
May 200803,019123.1711.57$34,943
Apr 200802,243110.3110.45$23,450
Mar 200802,591101.909.66$25,040
Feb 200802,29292.538.77$20,102
Jan 200802,60990.388.21$21,409
Dec 200702,91788.337.30$21,300
Nov 200703,27491.677.29$23,873
Oct 20071863,55282.856.92$39,997
Sep 200703,25975.846.24$20,350
Aug 200703,11669.066.39$19,905
Jul 200703,40170.906.39$21,725
Jun 200701,90062.007.55$14,342
May 200702,63158.747.85$20,644
Apr 200703,50959.617.81$27,388
Mar 200702,48056.927.30$18,109
Feb 200702,79355.108.22$22,947
Jan 200702,23650.306.73$15,041
Dec 200602,74656.656.92$18,998
Nov 200602,42754.207.62$18,488
Oct 20061873,13154.906.01$29,096
Sep 200602,33060.085.04$11,737
Aug 200603,26968.717.34$23,994
Jul 200602,22969.376.34$14,138
Jun 200602,72366.286.38$17,383
May 200604,05766.016.42$26,066
Apr 200603,65664.397.36$26,910
Mar 200603,61556.707.08$25,605
Feb 20061882,25057.597.75$28,267
Jan 200602,12360.598.93$18,965
Dec 200503,18954.9413.42$42,782
Nov 200503,07654.6910.59$32,570
Oct 200503,92358.3413.80$54,121
Sep 200503,68661.4512.08$44,523
Aug 200504,35361.519.80$42,646
Jul 200503,98455.697.84$31,249
Jun 200504,34152.337.38$32,041
May 20051953,06245.226.65$29,184
Apr 200504,28449.207.36$31,532
Mar 200504,45050.377.15$31,839
Feb 200504,25545.226.31$26,857
Jan 200504,61043.166.32$29,145
Dec 200404,11139.866.75$27,754
Nov 200404,89045.286.33$30,956
Oct 200403,77849.706.52$24,614
Sep 200403,31643.245.28$17,521
Aug 200404,64542.375.55$25,783
Jul 20041854,00038.286.08$31,419
Jun 200404,94936.106.43$31,837
May 200405,81037.486.49$37,734
Apr 200404,53134.475.86$26,545
Mar 200403,66034.365.53$20,240
Feb 200403,52932.455.51$19,443
Jan 200404,23232.036.30$26,660
Dec 200303,60830.266.30$22,736
Nov 200313,87728.804.60$17,844
Oct 200303,77728.174.76$17,977
Sep 200313,83326.314.75$18,231
Aug 200316,23029.765.13$31,988
Jul 200305,64529.415.17$29,189
Jun 200306,16328.565.98$36,873
May 200306,20526.595.97$37,060
Apr 200305,52426.675.41$29,870
Mar 20031296,33331.146.10$42,623
Feb 200303,84633.487.93$30,483
Jan 20031863,87630.315.58$27,274
Dec 200203,95626.914.85$19,201
Nov 200203,65224.664.14$15,108
Oct 200204,74726.464.23$20,076
Sep 200206,25327.443.64$22,731
Aug 200206,34725.963.16$20,083
Jul 200206,70024.583.06$20,514
Jun 200206,26123.733.34$20,901
May 20021857,20624.663.58$30,388
Apr 200205,95423.653.51$20,912
Mar 200206,84422.003.10$21,235
Feb 200206,42318.222.38$15,259
Jan 200207,80017.172.38$18,530
Dec 20011818,70416.932.36$23,644
Nov 200107,45718.072.41$17,938
Oct 200108,33319.782.53$21,073
Sep 200107,01524.262.25$15,793
Aug 200106,09224.873.05$18,600
Jul 20011826,82723.933.20$26,182
Jun 200105,95324.563.82$22,765
May 200108,32725.524.31$35,867
Apr 20011857,83424.685.34$46,363
Mar 200109,06124.545.38$48,716
Feb 20011847,89727.755.77$50,649
Jan 200109,28227.478.40$77,957
Dec 200008,00226.889.12$72,998
Nov 200009,29132.215.66$52,568
Oct 200018210,20131.235.15$58,173
Sep 200009,81331.875.19$50,895
Aug 2000211,57229.644.54$52,605
Jul 200009,43828.534.09$38,599
Jun 200016511,12629.304.40$53,758
May 2000012,84827.263.68$47,277
Apr 2000011,65924.513.12$36,329
Mar 20001729,99628.422.86$33,474
Feb 200009,35727.622.73$25,512
Jan 200018810,33725.272.48$30,392
Dec 1999011,26524.282.42$27,303
Nov 1999111,24623.192.43$27,396
Oct 199918511,84520.982.80$37,091
Sep 1999011,93521.752.62$31,256
Aug 1999111,79319.262.88$33,931
Jul 199918012,14917.892.37$32,042
Jun 1999112,63315.942.36$29,856
May 1999113,99815.792.32$32,505
Apr 199918913,41115.102.21$32,466
Mar 1999115,20412.471.84$27,962
Feb 199918313,6959.981.82$26,721
Jan 199918814,52910.381.90$29,556
Dec 1998115,6699.201.77$27,795
Nov 199818114,39410.892.19$33,432
Oct 1998117,19212.421.97$33,867
Sep 199818417,00312.592.08$37,727
Aug 1998018,48511.301.91$35,257
Jul 199818319,30211.742.24$45,332
Jun 1998020,58611.242.24$46,056
May 199818325,11712.622.21$57,726
Apr 199818525,74813.042.51$66,920
Mar 199817329,72712.802.31$70,867
Feb 199817730,20413.952.30$71,912
Jan 199817635,86714.702.15$79,873
Dec 199737539,29416.322.41$100,862
Nov 199718940,62018.193.09$128,883
Oct 199737152,18219.253.15$171,506
Sep 199718261,76117.742.95$185,725
Aug 199733879,95517.862.55$210,301
Jul 1997547105,82617.582.25$247,401
Jun 1997718139,66117.242.26$327,621
May 19971,059212,68218.972.31$511,066
Apr 1997525237,84017.882.08$504,755

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                  665 Mcf  × $  3.05 =     $2,025

────────────────────────────────────────────────────
Month total                                   $2,025

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/163245 is the state's own key, not one this site invented.