ORSAK 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 163559District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$44.3 M
Apr 1997 – May 2026
Value, last 12 filed months
$32 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 Gas111997-10-14136862
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
CondensateDisposition417,536 bbl$11,701,535
GasProduction9,083,668 Mcf$32,560,255
Total$44,261,790

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 29.8432, -96.7226. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.84322, -96.72260 · 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
13,664 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 13,664 ft.

Completions filed
May 1997
1 of 1 wells

1 well

42-149330381OL13,664 ftMay 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 20260233106.413.05$710
Apr 2026028098.932.87$804
Mar 2026028389.753.15$891
Feb 2026029063.503.75$1,088
Jan 2026027959.138.00$2,231
Dec 2025023356.664.41$1,028
Nov 2025034158.593.93$1,339
Oct 2025044759.383.30$1,477
Sep 2025161862.743.08$1,964
Aug 2025114463.933.01$498
Jul 2025132866.743.32$1,154
Jun 20251662,50566.483.13$18,873
May 2025107,02060.553.23$23,296
Apr 202501862.363.54$64
Mar 20250067.704.27$0
Feb 202505670.884.34$243
Jan 2025029474.324.28$1,258
Dec 202402268.993.12$69
Nov 20240069.052.20$0
Oct 20241771,41271.372.28$15,854
Sep 20243197,16469.612.36$39,144
Aug 20243736,95275.632.06$42,556
Jul 20243787,24379.932.15$45,761
Jun 20243586,94978.082.63$46,256
May 20243506,52678.812.20$41,931
Apr 20243775,98884.451.66$41,773
Mar 20241846,81380.301.55$25,302
Feb 20243816,47676.091.78$40,541
Jan 20243656,75873.023.30$48,938
Dec 20233876,60171.262.61$44,811
Nov 20233756,74977.892.81$48,157
Oct 20233786,94685.443.09$53,741
Sep 20233657,09889.042.74$51,913
Aug 20233797,38180.522.67$50,246
Jul 20233787,55774.852.64$48,257
Jun 20233827,48468.962.26$43,245
May 20233727,73370.622.23$43,495
Apr 20233787,55378.122.24$46,431
Mar 20235667,90372.852.39$60,146
Feb 20233817,21775.112.47$46,412
Jan 20233858,12476.533.39$56,986
Dec 20225868,11576.415.73$91,268
Nov 20223988,20285.005.65$80,140
Oct 20223778,66787.185.86$83,688
Sep 20225698,44284.888.16$117,215
Aug 20223778,98294.529.13$117,614
Jul 20223799,097101.587.54$107,109
Jun 20225628,938115.097.98$135,981
May 20225689,461109.378.43$141,907
Apr 20223799,350104.226.84$103,431
Mar 20225739,816108.885.08$112,218
Feb 20223828,98891.054.86$78,452
Jan 202238210,36381.844.54$78,287
Dec 202177210,77971.323.90$97,088
Nov 202155711,08677.435.24$101,184
Oct 202157211,39779.795.71$110,761
Sep 20211873,59269.865.35$32,284
Aug 202192714,06166.024.22$120,546
Jul 202175914,27570.783.98$110,566
Jun 20211,11016,47269.493.38$132,819
May 20211,11219,57463.483.02$129,658
Apr 20211,70623,86860.362.76$168,812
Mar 20212355,15061.302.72$28,398
Feb 20210057.805.55$0
Jan 20210250.412.81$6
Dec 20200644.642.68$16
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 20190959.012.30$21
Nov 20190055.302.75$0
Oct 201902353.472.42$56
Sep 201902555.052.66$66
Aug 201902753.112.30$62
Jul 201904056.272.46$98
Jun 201903352.782.49$82
May 201902758.482.74$74
Apr 201901062.632.75$28
Mar 20190456.803.06$12
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018070052.934.24$2,966
Oct 20180461.443.40$14
Sep 20181265,71059.543.11$25,249
Aug 20181536,34459.403.07$28,542
Jul 20182206,28165.142.93$32,746
Jun 201806,24360.183.08$19,209
May 20181776,58065.382.90$30,660
Apr 20181896,10263.842.90$29,766
Mar 201805,16461.222.79$14,391
Feb 20182373,94861.782.77$25,563
Jan 201804,27062.874.01$17,120
Dec 20171053,74157.272.92$16,943
Nov 20171013,70555.423.12$17,151
Oct 20171203,37549.292.98$15,985
Sep 20171793,48747.523.09$19,271
Aug 20171823,79845.373.00$19,668
Jul 201704,06243.873.09$12,541
Jun 20171864,10742.493.09$20,583
May 201704,67645.373.26$15,260
Apr 20171825,14847.933.21$25,257
Mar 20171765,91146.772.98$25,868
Feb 201705,51650.452.95$16,287
Jan 20171785,69449.413.42$28,262
Dec 20161875,67248.763.72$30,234
Nov 20161875,68642.492.64$22,981
Oct 201606,06446.193.09$18,739
Sep 20161775,70541.553.10$25,043
Aug 20161896,11141.442.92$25,703
Jul 20161876,20441.622.92$25,926
Jun 201606,22545.352.69$16,719
May 20161876,18942.521.99$20,274
Apr 20161795,72336.561.99$17,939
Mar 201606,14833.011.79$11,030
Feb 20161885,88926.472.06$17,129
Jan 20161896,63527.352.36$20,857
Dec 20151836,61532.362.00$19,161
Nov 20151866,57438.792.17$21,463
Oct 20151826,76543.552.43$24,342
Sep 20151916,36742.992.76$25,774
Aug 201506,53840.162.87$18,780
Jul 20151796,56848.152.95$27,962
Jun 20151766,55456.152.88$28,777
May 20151786,78655.212.96$29,883
Apr 20151786,57349.822.71$26,658
Mar 20151776,63042.892.93$27,049
Feb 20151836,04144.662.98$26,152
Jan 20151837,36143.433.10$30,771
Dec 20141787,03054.693.59$34,982
Nov 20141816,63870.464.25$40,977
Oct 201407,08678.303.90$27,642
Sep 20141816,93986.164.05$43,666
Aug 20141747,17689.394.04$44,510
Jul 20141767,40796.564.18$47,953
Jun 20141806,99098.164.74$50,780
May 20141777,31294.734.73$51,328
Apr 20141797,15495.944.81$51,578
Mar 20141807,58295.895.06$55,601
Feb 20143537,30697.406.19$79,621
Jan 20141778,29790.404.86$56,330
Dec 20133658,58291.824.35$70,884
Nov 20131818,55688.853.74$48,067
Oct 20133548,98497.423.78$68,440
Sep 20131778,836104.113.72$51,277
Aug 20131859,132104.253.52$51,455
Jul 20133569,026102.523.72$70,053
Jun 20131788,72794.403.93$51,130
May 20131859,01494.834.15$54,943
Apr 20133648,70393.964.28$71,473
Mar 20131859,02593.623.91$52,633
Feb 20131968,04491.233.42$45,391
Jan 20133629,08491.603.42$64,226
Dec 20121838,51386.773.42$44,995
Nov 20121908,08986.953.62$45,843
Oct 20123808,88089.383.40$64,154
Sep 20121828,87094.672.92$43,116
Aug 20121789,34892.662.91$43,679
Jul 20123609,30985.133.02$58,767
Jun 20121698,93079.822.52$35,985
May 20123569,21091.612.49$55,531
Apr 20121978,926101.652.00$37,848
Mar 20121989,050105.052.22$40,910
Feb 20123648,318101.102.57$58,180
Jan 20121848,87698.092.73$42,316
Dec 20111848,80596.873.24$46,350
Nov 20113738,55995.723.31$64,045
Oct 20111818,93584.983.65$47,981
Sep 20111808,95183.623.99$50,729
Aug 20111745,69083.404.15$38,121
Jul 20111769,21494.144.52$58,190
Jun 20111819,03192.904.64$58,718
May 20113539,05398.134.40$74,517
Apr 20111858,803105.964.33$57,748
Mar 20111788,36996.364.06$51,108
Feb 20111798,23685.644.18$49,756
Jan 20113789,98586.504.59$78,516
Dec 201036711,03285.734.35$79,427
Nov 201018210,83980.843.80$55,850
Oct 201036511,82778.103.51$70,006
Sep 201018010,97172.633.98$56,732
Aug 201017911,29273.684.42$63,092
Jul 201036210,87672.554.74$77,777
Jun 201016910,88070.364.91$65,316
May 201036211,67971.124.24$75,209
Apr 201035510,74681.694.12$73,302
Mar 201018810,65478.394.39$61,494
Feb 20103809,54573.585.44$79,908
Jan 20101876,46374.365.96$52,451
Dec 200937611,20571.445.48$88,307
Nov 200937110,73674.593.75$67,949
Oct 200918211,29972.544.11$59,644
Sep 200937411,17865.543.06$58,770
Aug 200918211,78467.423.22$50,197
Jul 200937011,77361.133.46$63,406
Jun 200918711,83066.163.90$58,450
May 200936912,05654.743.93$67,528
Apr 200937511,86646.773.59$60,108
Mar 200937912,25542.144.06$65,714
Feb 200919211,54832.814.63$59,801
Jan 200939212,58635.865.37$81,657
Dec 200838212,82037.105.98$90,799
Nov 200836012,44355.496.86$105,340
Oct 200836713,37075.246.92$120,160
Sep 200819010,760101.767.88$104,092
Aug 200818713,287114.228.48$134,073
Jul 200838013,323131.0811.39$201,552
Jun 200836613,049131.3313.03$218,130
May 200837612,938123.1711.57$196,060
Apr 200836712,843110.3110.45$174,756
Mar 200837013,061101.909.66$163,925
Feb 200835912,24592.538.77$140,614
Jan 200837313,09190.388.21$141,133
Dec 200736613,52688.337.30$131,095
Nov 200737912,76691.677.29$127,829
Oct 200740013,66082.856.92$127,694
Sep 200720513,44675.846.24$99,506
Aug 200739913,21469.066.39$111,965
Jul 200737813,29670.906.39$111,734
Jun 200713,20562.007.55$24,255
May 20074099,55758.747.85$99,012
Apr 200719512,02159.617.81$105,450
Mar 200743212,36956.927.30$114,908
Feb 200719411,38055.108.22$104,187
Jan 200738712,55450.306.73$103,915
Dec 200641712,82756.656.92$112,366
Nov 200635812,64254.207.62$115,704
Oct 200637313,23754.906.01$100,082
Sep 200636313,45960.085.04$89,605
Aug 200637214,47968.717.34$131,835
Jul 200637114,91969.376.34$120,364
Jun 20063787,16966.286.38$70,820
May 20063627,76966.016.42$73,811
Apr 200636215,06164.397.36$134,165
Mar 200654915,44056.707.08$140,489
Feb 200637114,03957.597.75$130,184
Jan 200654815,74160.598.93$173,823
Dec 200555315,75954.9413.42$241,795
Nov 200555415,69654.6910.59$196,494
Oct 200535516,35658.3413.80$246,354
Sep 200535914,02161.4512.08$191,420
Aug 200535715,91761.519.80$177,895
Jul 200553215,80455.697.84$153,588
Jun 200536915,36052.337.38$132,683
May 200573416,07645.226.65$140,116
Apr 200538015,56649.207.36$133,269
Mar 200554915,70850.377.15$140,042
Feb 200554514,49845.226.31$116,155
Jan 200537316,14743.166.32$118,183
Dec 200455116,15039.866.75$130,993
Nov 200435415,73645.286.33$115,645
Oct 200453616,21249.706.52$132,262
Sep 200453015,18643.245.28$103,159
Aug 200454216,15442.375.55$112,630
Jul 200437514,39438.286.08$101,931
Jun 200453619,47136.106.43$144,607
May 200489422,80137.486.49$181,590
Apr 200457319,87634.475.86$136,194
Mar 20041,09123,41434.365.53$166,969
Feb 20041,13328,70732.455.51$194,931
Jan 20041,49432,83032.036.30$254,670
Dec 20031,66137,76130.266.30$288,218
Nov 20031,30530,06128.804.60$175,719
Oct 20031,87035,63628.174.76$222,292
Sep 20031,30635,64426.314.75$203,647
Aug 20031,69239,61029.765.13$253,542
Jul 20031,63036,17729.415.17$235,004
Jun 20031,28334,74028.565.98$244,491
May 20031,71539,76226.595.97$283,088
Apr 20031,85237,82526.675.41$253,923
Mar 20031,58137,31631.146.10$276,712
Feb 20031,97736,35933.487.93$354,367
Jan 20031,96541,52530.315.58$291,353
Dec 20021,94038,89726.914.85$241,002
Nov 20021,76341,35024.664.14$214,539
Oct 20021,95743,25726.464.23$234,721
Sep 20021,73041,85727.443.64$199,630
Aug 20021,93843,89325.963.16$189,195
Jul 20022,10542,47924.583.06$181,801
Jun 20021,55043,90823.733.34$183,357
May 20022,09445,77924.663.58$215,710
Apr 20022,13445,47623.653.51$210,195
Mar 20021,94645,64422.003.10$184,433
Feb 20021,98043,41118.222.38$139,206
Jan 20021,90548,74717.172.38$148,516
Dec 20012,55048,29616.932.36$157,363
Nov 20012,16748,28318.072.41$155,303
Oct 20012,51150,56119.782.53$177,530
Sep 20012,32949,52724.262.25$168,003
Aug 20012,67052,01424.873.05$225,210
Jul 20012,51253,64723.933.20$231,626
Jun 20012,54452,04824.563.82$261,521
May 20012,34654,90725.524.31$296,372
Apr 20012,49648,30724.685.34$319,335
Mar 20012,92653,42224.545.38$359,024
Feb 20012,68250,93027.755.77$368,143
Jan 20012,90951,33627.478.40$511,069
Dec 20002,93455,23026.889.12$582,702
Nov 20003,45355,59832.215.66$425,795
Oct 20002,97758,79831.235.15$395,517
Sep 20003,05760,80131.875.19$412,771
Aug 20003,39468,06829.644.54$409,678
Jul 20003,44365,64428.534.09$366,696
Jun 20003,33065,45929.304.40$385,409
May 20003,67362,28927.263.68$329,334
Apr 20003,19164,17524.513.12$278,181
Mar 20003,78566,95728.422.86$299,050
Feb 20003,38666,79527.622.73$275,638
Jan 20004,04970,77925.272.48$277,886
Dec 19993,93771,34024.282.42$268,499
Nov 19993,76470,23923.192.43$258,248
Oct 19993,91775,23520.982.80$293,116
Sep 19993,90574,41121.752.62$279,805
Aug 19994,09378,64419.262.88$304,980
Jul 19994,27780,71817.892.37$268,008
Jun 19994,25481,28715.942.36$259,817
May 19994,44886,34215.792.32$270,635
Apr 19994,28685,53015.102.21$253,573
Mar 19995,03787,19212.471.84$223,099
Feb 19994,13680,9129.981.82$188,358
Jan 19995,07296,13810.381.90$235,305
Dec 19985,60798,4709.201.77$226,203
Nov 19985,42898,44810.892.19$274,291
Oct 19985,242104,42112.421.97$270,733
Sep 19985,263106,47512.592.08$288,008
Aug 19985,833114,53311.301.91$284,367
Jul 19985,791119,05711.742.24$334,349
Jun 19986,188123,63311.242.24$346,154
May 19985,712134,52912.622.21$368,902
Apr 19986,621136,22113.042.51$427,616
Mar 19987,301145,13112.802.31$428,624
Feb 19986,430136,84313.952.30$404,318
Jan 19988,243170,26714.702.15$488,062
Dec 19979,081186,53116.322.41$597,947
Nov 19979,715203,28718.193.09$804,519
Oct 199712,890230,86319.253.15$975,309
Sep 199711,648234,24917.742.95$898,813
Aug 199713,307265,41917.862.55$915,740
Jul 199715,698306,23917.582.25$964,072
Jun 199716,860314,94217.242.26$1,001,553
May 199716,719326,99918.972.31$1,072,037
Apr 1997010,70517.882.08$22,296

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                  233 Mcf  × $  3.05 =       $710

────────────────────────────────────────────────────
Month total                                     $710

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/163559 is the state's own key, not one this site invented.