VELMER MAE

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 163801District 03Field 34733500CondensateGasSave
Value, all time
$22.9 M
Jun 1997 – May 2026
Value, last 12 filed months
$101 k
at the published price for each month
Months reported
348
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition8,725 bbl$183,133
GasProduction6,646,171 Mcf$22,691,935
Total$22,875,068

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 30.5483, -95.9557. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.54834, -95.95575 · 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
16,222 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 16,222 ft.

Completions filed
Jun 1997
1 of 1 wells

1 well

42-18530615116,222 ftJun 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 (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

May 202612,410106.413.05$7,447
Apr 202602,40298.932.87$6,893
Mar 202602,40489.753.15$7,571
Feb 202601,34163.503.75$5,029
Jan 202602,48559.138.00$19,875
Dec 202502,42756.664.41$10,711
Nov 202502,32958.593.93$9,145
Oct 202502,74459.383.30$9,068
Sep 202501,47062.743.08$4,523
Aug 202502,22763.933.01$6,714
Jul 202502,25166.743.32$7,463
Jun 202502,24866.483.13$7,033
May 202502,41560.553.23$7,806
Apr 202502,32162.363.54$8,224
Mar 202502,34967.704.27$10,026
Feb 202502,17370.884.34$9,433
Jan 202502,33874.324.28$10,004
Dec 202402,33968.993.12$7,301
Nov 202402,32169.052.20$5,103
Oct 202402,44171.372.28$5,569
Sep 202402,40069.612.36$5,674
Aug 202402,48675.632.06$5,130
Jul 202402,54279.932.15$5,457
Jun 202402,42678.082.63$6,390
May 202402,30778.812.20$5,072
Apr 202402,64884.451.66$4,394
Mar 202402,73980.301.55$4,232
Feb 202402,59876.091.78$4,634
Jan 202402,59673.023.30$8,561
Dec 202302,78771.262.61$7,276
Nov 202302,06077.892.81$5,784
Oct 202302,23485.443.09$6,897
Sep 202302,33689.042.74$6,389
Aug 202302,42480.522.67$6,479
Jul 202302,48274.852.64$6,557
Jun 202302,26468.962.26$5,113
May 202302,71170.622.23$6,038
Apr 202302,59878.122.24$5,814
Mar 202302,67772.852.39$6,406
Feb 202302,46175.112.47$6,068
Jan 202302,76076.533.39$9,350
Dec 202202,60776.415.73$14,936
Nov 202202,65385.005.65$14,979
Oct 202202,77587.185.86$16,272
Sep 202202,45984.888.16$20,074
Aug 202202,66194.529.13$24,287
Jul 202212,600101.587.54$19,711
Jun 202212,567115.097.98$20,593
May 202202,677109.378.43$22,575
Apr 202202,610104.226.84$17,846
Mar 202202,866108.885.08$14,549
Feb 202202,55691.054.86$12,419
Jan 202202,64881.844.54$12,016
Dec 202102,61271.323.90$10,185
Nov 202102,32077.435.24$12,149
Oct 202112,59479.795.71$14,902
Sep 202102,51069.865.35$13,431
Aug 202102,58366.024.22$10,902
Jul 202102,53170.783.98$10,079
Jun 202102,37669.493.38$8,032
May 202102,58863.483.02$7,810
Apr 202102,57460.362.76$7,100
Mar 202102,56061.302.72$6,955
Feb 202102,16357.805.55$12,000
Jan 202102,40450.412.81$6,756
Dec 202002,72944.642.68$7,301
Nov 202002,63938.772.71$7,143
Oct 202002,69336.972.48$6,674
Sep 202002,66237.091.99$5,300
Aug 202002,63539.982.39$6,285
Jul 202002,65438.371.83$4,844
Jun 202002,49634.901.69$4,219
May 202002,53016.921.81$4,591
Apr 202002,67314.751.80$4,823
Mar 202002,81730.341.86$5,229
Feb 202002,62849.881.98$5,205
Jan 202002,98557.252.09$6,253
Dec 201902,77959.012.30$6,404
Nov 201902,80355.302.75$7,710
Oct 201902,94753.472.42$7,127
Sep 201902,96355.052.66$7,874
Aug 201903,18553.112.30$7,339
Jul 201902,86256.272.46$7,041
Jun 201951,29252.782.49$3,483
May 201953,20258.482.74$9,067
Apr 201933,22162.632.75$9,048
Mar 201953,38856.803.06$10,658
Feb 201903,34250.852.79$9,332
Jan 201904,26946.033.23$13,781
Dec 2018068346.594.19$2,859
Nov 2018066552.934.24$2,818
Oct 201802,10061.443.40$7,136
Sep 201812,17959.543.11$6,832
Aug 201802,53659.403.07$7,777
Jul 20180065.142.93$0
Jun 2018058460.183.08$1,797
May 201802,25165.382.90$6,530
Apr 201802,22163.842.90$6,443
Mar 201802,13261.222.79$5,942
Feb 201801,73961.782.77$4,810
Jan 201821,81462.874.01$7,399
Dec 201702,02957.272.92$5,928
Nov 201702,12155.423.12$6,614
Oct 2017091449.292.98$2,727
Sep 201703,75547.523.09$11,593
Aug 201703,26745.373.00$9,815
Jul 201704,24843.873.09$13,115
Jun 201704,15642.493.09$12,831
May 201704,32045.373.26$14,098
Apr 201704,23547.933.21$13,601
Mar 201704,37346.772.98$13,048
Feb 20170050.452.95$0
Jan 201704,33249.413.42$14,810
Dec 201604,29248.763.72$15,978
Nov 2016994,13742.492.64$15,146
Oct 201604,21546.193.09$13,025
Sep 201604,04141.553.10$12,530
Aug 201604,07441.442.92$11,914
Jul 201604,04941.622.92$11,841
Jun 201603,82545.352.69$10,273
May 201603,92542.521.99$7,815
Apr 201603,25936.561.99$6,489
Mar 201604,61533.011.79$8,279
Feb 201604,16526.472.06$8,595
Jan 201604,53827.352.36$10,729
Dec 201504,65832.362.00$9,323
Nov 201504,36038.792.17$9,450
Oct 201504,47943.552.43$10,869
Sep 201504,20642.992.76$11,602
Aug 201504,77740.162.87$13,722
Jul 201504,87748.152.95$14,363
Jun 201504,55956.152.88$13,143
May 201504,60955.212.96$13,622
Apr 201504,53349.822.71$12,269
Mar 201504,69142.892.93$13,767
Feb 201504,47044.662.98$13,304
Jan 201504,84643.433.10$15,026
Dec 201404,98254.693.59$17,892
Nov 201404,91270.464.25$20,885
Oct 201404,93178.303.90$19,236
Sep 201404,39586.164.05$17,780
Aug 201404,76389.394.04$19,219
Jul 201405,07796.564.18$21,220
Jun 201405,04698.164.74$23,902
May 201405,31694.734.73$25,126
Apr 201405,13395.944.81$24,685
Mar 201405,30895.895.06$26,841
Feb 201405,11397.406.19$31,660
Jan 201405,36590.404.86$26,078
Dec 201305,28691.824.35$23,018
Nov 201305,30388.853.74$19,824
Oct 201305,50897.423.78$20,817
Sep 201305,241104.113.72$19,485
Aug 201305,643104.253.52$19,878
Jul 201305,469102.523.72$20,332
Jun 201304,48994.403.93$17,657
May 201304,28494.834.15$17,775
Apr 201304,59593.964.28$19,679
Mar 2013685,79193.623.91$29,026
Feb 201304,60991.233.42$15,762
Jan 201305,81091.603.42$19,870
Dec 201205,90686.773.42$20,199
Nov 201205,68386.953.62$20,601
Oct 201206,07289.383.40$20,643
Sep 201205,88294.672.92$17,166
Aug 201206,18392.662.91$17,981
Jul 201206,11085.133.02$18,457
Jun 201205,89979.822.52$14,860
May 201206,10791.612.49$15,196
Apr 201205,981101.652.00$11,943
Mar 201206,571105.052.22$14,601
Feb 201204,957101.102.57$12,741
Jan 201206,48298.092.73$17,722
Dec 201106,63996.873.24$21,509
Nov 201106,72195.723.31$22,255
Oct 201107,24984.983.65$26,448
Sep 201106,32883.623.99$25,222
Aug 201106,80183.404.15$28,220
Jul 201106,03894.144.52$27,275
Jun 201103,80692.904.64$17,659
May 201104,46198.134.40$19,650
Apr 201105,336105.964.33$23,122
Mar 201109,98696.364.06$40,517
Feb 201108,00485.644.18$33,457
Jan 201108,57186.504.59$39,330
Dec 201008,41985.734.35$36,604
Nov 201008,28580.843.80$31,444
Oct 201008,76178.103.51$30,741
Sep 201006,70872.633.98$26,694
Aug 201005,36073.684.42$23,688
Jul 20101515,30372.554.74$36,073
Jun 201005,43570.364.91$26,688
May 201005,60371.124.24$23,730
Apr 201007,44581.694.12$30,693
Mar 201009,03278.394.39$39,638
Feb 201003,77773.585.44$20,556
Jan 201004,15474.365.96$24,775
Dec 200905,01471.445.48$27,496
Nov 200904,88374.593.75$18,319
Oct 200904,91772.544.11$20,210
Sep 200904,90165.543.06$15,020
Aug 200905,39367.423.22$17,357
Jul 200905,88361.133.46$20,382
Jun 200905,33066.163.90$20,760
May 200905,98454.743.93$23,492
Apr 200905,27946.773.59$18,938
Mar 200906,32342.144.06$25,665
Feb 200905,49332.814.63$25,449
Jan 200905,40735.865.37$29,041
Dec 200806,17137.105.98$36,885
Nov 200806,58955.496.86$45,203
Oct 200807,64575.246.92$52,919
Sep 200806,215101.767.88$48,956
Aug 200806,053114.228.48$51,348
Jul 200805,566131.0811.39$63,394
Jun 200805,226131.3313.03$68,109
May 200805,973123.1711.57$69,133
Apr 200806,024110.3110.45$62,980
Mar 200806,341101.909.66$61,280
Feb 200806,52492.538.77$57,219
Jan 200807,22590.388.21$59,286
Dec 200707,58888.337.30$55,407
Nov 200708,22791.677.29$59,989
Oct 20071479,10182.856.92$75,176
Sep 200708,93375.846.24$55,779
Aug 2007010,95169.066.39$69,954
Jul 200709,54170.906.39$60,947
Jun 200709,31162.007.55$70,284
May 200709,51458.747.85$74,650
Apr 200708,67659.617.81$67,718
Mar 200709,02356.927.30$65,886
Feb 200709,14555.108.22$75,135
Jan 200708,88050.306.73$59,734
Dec 2006010,18356.656.92$70,450
Nov 2006010,37654.207.62$79,039
Oct 200608,48854.906.01$51,045
Sep 2006010,25460.085.04$51,651
Aug 200608,66168.717.34$63,571
Jul 200606,28169.376.34$39,839
Jun 2006010,29266.286.38$65,703
May 2006010,70066.016.42$68,748
Apr 200609,77564.397.36$71,949
Mar 2006010,65656.707.08$75,476
Feb 200608,78557.597.75$68,094
Jan 2006010,98960.598.93$98,168
Dec 2005011,11554.9413.42$149,112
Nov 200509,91054.6910.59$104,931
Oct 2005012,40458.3413.80$171,123
Sep 200509,03661.4512.08$109,146
Aug 2005012,97261.519.80$127,085
Jul 2005012,83255.697.84$100,650
Jun 2005012,55952.337.38$92,698
May 2005013,11945.226.65$87,257
Apr 2005012,72649.207.36$93,669
Mar 2005013,56250.377.15$97,034
Feb 2005012,26545.226.31$77,416
Jan 2005013,01743.166.32$82,296
Dec 2004014,72339.866.75$99,396
Nov 2004012,28145.286.33$77,744
Oct 2004011,94249.706.52$77,803
Sep 2004015,29143.245.28$80,796
Aug 2004015,19542.375.55$84,342
Jul 2004014,92838.286.08$90,825
Jun 2004014,54336.106.43$93,555
May 2004015,19337.486.49$98,672
Apr 2004014,71134.475.86$86,184
Mar 2004015,95134.365.53$88,211
Feb 2004015,49532.455.51$85,372
Jan 2004016,42332.036.30$103,459
Dec 2003115,43130.266.30$97,271
Nov 2003016,42628.804.60$75,480
Oct 2003016,62828.174.76$79,143
Sep 2003017,24126.314.75$81,884
Aug 2003119,01329.765.13$97,561
Jul 2003019,33229.415.17$99,963
Jun 2003018,48328.565.98$110,583
May 2003019,56926.595.97$116,879
Apr 2003019,15326.675.41$103,566
Mar 200316421,22531.146.10$134,495
Feb 2003016,90833.487.93$134,011
Jan 2003121,33430.315.58$119,118
Dec 2002021,78426.914.85$105,734
Nov 2002122,15324.664.14$91,671
Oct 2002223,50226.464.23$99,446
Sep 2002023,11427.443.64$84,024
Aug 2002023,81025.963.16$75,339
Jul 2002027,03324.583.06$82,769
Jun 2002024,94023.733.34$83,256
May 2002026,61724.663.58$95,395
Apr 200218225,93723.653.51$95,403
Mar 2002026,52722.003.10$82,306
Feb 2002024,32718.222.38$57,793
Jan 2002028,04817.172.38$66,633
Dec 2001029,73416.932.36$70,303
Nov 2001030,00118.072.41$72,168
Oct 2001035,68919.782.53$90,253
Sep 2001040,95824.262.25$92,210
Aug 2001033,24824.873.05$101,511
Jul 2001127,08223.933.20$86,607
Jun 2001017,85224.563.82$68,269
May 2001028,69325.524.31$123,590
Apr 2001028,38924.685.34$151,464
Mar 2001032,95224.545.38$177,164
Feb 2001026,94727.755.77$155,406
Jan 200126232,58727.478.40$280,888
Dec 2000028,40426.889.12$259,115
Nov 2000031,61532.215.66$178,878
Oct 2000037,80131.235.15$194,505
Sep 200017737,29431.875.19$199,066
Aug 2000342,72429.644.54$194,088
Jul 2000044,84528.534.09$183,405
Jun 2000447,23029.304.40$207,799
May 2000155,10227.263.68$202,789
Apr 200018263,35124.513.12$201,863
Mar 2000127,55228.422.86$78,820
Feb 2000014,67627.622.73$40,014
Jan 2000030,26625.272.48$75,075
Dec 199918736,94924.282.42$94,094
Nov 1999336,77723.192.43$89,584
Oct 1999041,98720.982.80$117,719
Sep 1999248,76821.752.62$127,760
Aug 1999343,03619.262.88$123,812
Jul 199917843,16717.892.37$105,593
Jun 1999246,30015.942.36$109,397
May 1999251,27815.792.32$119,049
Apr 199918150,52715.102.21$114,299
Mar 1999358,15612.471.84$106,947
Feb 1999159,3889.981.82$107,965
Jan 1999460,52510.381.90$115,036
Dec 199819670,6229.201.77$127,039
Nov 1998272,33810.892.19$158,132
Oct 199818377,64112.421.97$155,164
Sep 1998385,89212.592.08$178,918
Aug 199816696,31211.301.91$185,576
Jul 1998179100,91511.742.24$227,876
Jun 1998184108,03211.242.24$243,765
May 19980121,40312.622.21$267,856
Apr 1998184128,83913.042.51$325,184
Mar 1998171146,40512.802.31$340,302
Feb 1998190147,23013.952.30$341,151
Jan 1998372190,21214.702.15$415,335
Dec 1997381193,73816.322.41$473,340
Nov 1997557219,71018.193.09$688,653
Oct 1997792275,35719.253.15$882,571
Sep 1997750322,83417.742.95$967,241
Aug 19971,095375,67417.862.55$979,306
Jul 19971,281469,91517.582.25$1,078,391
Jun 1997094,69817.242.26$213,752

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             1 bbl  × $106.41 =       $106
Gas                2,410 Mcf  × $  3.05 =     $7,340

────────────────────────────────────────────────────
Month total                                   $7,447

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/163801 is the state's own key, not one this site invented.