LEONARD

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

Gas lease lease 163995District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
May 1997 – Dec 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
308
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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 Gas111997-10-14137076
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
CondensateDisposition11 bbl$315
GasProduction455,282 Mcf$1,560,599
Total$1,560,914

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 30.5061, -95.9361. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50612, -95.93614 · 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
17,567 ft
1 wells filed one
Completion to plug
25.6 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 17,567 ft.

Completions filed
May 1997
1 of 1 wells
Plug dates filed
Dec 2022
1 of 1 wells

Last completion to plug: a median of 25.6 years across the 1 well that filed both dates, with the middle half between 25.6 years and 25.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-185306101H17,567 ftMay 1997Dec 2022Yes

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 (308)

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

308 months

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 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
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 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130191.603.42$3
Dec 201206786.773.42$229
Nov 2012040786.953.62$1,475
Oct 2012044189.383.40$1,499
Sep 2012040994.672.92$1,194
Aug 2012043392.662.91$1,259
Jul 2012043385.133.02$1,308
Jun 2012042879.822.52$1,078
May 2012043291.612.49$1,075
Apr 20120443101.652.00$885
Mar 20120512105.052.22$1,138
Feb 20120473101.102.57$1,216
Jan 2012048598.092.73$1,326
Dec 2011050196.873.24$1,623
Nov 2011050095.723.31$1,656
Oct 2011053184.983.65$1,937
Sep 2011057583.623.99$2,292
Aug 2011065983.404.15$2,734
Jul 2011064794.144.52$2,923
Jun 2011065492.904.64$3,034
May 2011046898.134.40$2,061
Apr 20110416105.964.33$1,803
Mar 2011046496.364.06$1,883
Feb 2011043385.644.18$1,810
Jan 2011053386.504.59$2,446
Dec 2010050485.734.35$2,191
Nov 2010033180.843.80$1,256
Oct 2010036678.103.51$1,284
Sep 2010057972.633.98$2,304
Aug 2010041473.684.42$1,830
Jul 2010051072.554.74$2,416
Jun 2010044170.364.91$2,165
May 2010051671.124.24$2,185
Apr 2010047381.694.12$1,950
Mar 2010058678.394.39$2,572
Feb 2010059573.585.44$3,238
Jan 2010058374.365.96$3,477
Dec 2009029171.445.48$1,596
Nov 2009029574.593.75$1,107
Oct 2009030872.544.11$1,266
Sep 2009053565.543.06$1,640
Aug 2009069567.423.22$2,237
Jul 2009079961.133.46$2,768
Jun 2009045866.163.90$1,784
May 2009044554.743.93$1,747
Apr 2009054346.773.59$1,948
Mar 2009074842.144.06$3,036
Feb 2009051632.814.63$2,391
Jan 2009067835.865.37$3,642
Dec 2008075037.105.98$4,483
Nov 2008066955.496.86$4,590
Oct 2008079875.246.92$5,524
Sep 20080522101.767.88$4,112
Aug 20080611114.228.48$5,183
Jul 20080510131.0811.39$5,809
Jun 20080511131.3313.03$6,660
May 20080651123.1711.57$7,535
Apr 20080765110.3110.45$7,998
Mar 20080769101.909.66$7,432
Feb 2008026092.538.77$2,280
Jan 2008034190.388.21$2,798
Dec 2007071988.337.30$5,250
Nov 2007075391.677.29$5,491
Oct 2007080582.856.92$5,572
Sep 2007082675.846.24$5,158
Aug 2007085869.066.39$5,481
Jul 2007091470.906.39$5,839
Jun 2007073262.007.55$5,525
May 2007085358.747.85$6,693
Apr 2007076859.617.81$5,994
Mar 200701,02056.927.30$7,448
Feb 2007168755.108.22$5,699
Jan 2007082550.306.73$5,550
Dec 2006084356.656.92$5,832
Nov 2006081554.207.62$6,208
Oct 2006084754.906.01$5,094
Sep 2006080060.085.04$4,030
Aug 2006099768.717.34$7,318
Jul 2006073769.376.34$4,675
Jun 2006068166.286.38$4,347
May 2006099066.016.42$6,361
Apr 200601,05264.397.36$7,743
Mar 2006260256.707.08$4,377
Feb 2006071357.597.75$5,527
Jan 200601,05760.598.93$9,443
Dec 200501,07054.9413.42$14,354
Nov 200501,10454.6910.59$11,690
Oct 2005096858.3413.80$13,354
Sep 2005098361.4512.08$11,874
Aug 2005082561.519.80$8,082
Jul 200501,05055.697.84$8,236
Jun 2005074852.337.38$5,521
May 2005086545.226.65$5,753
Apr 2005089449.207.36$6,580
Mar 2005092450.377.15$6,611
Feb 200501,12945.226.31$7,126
Jan 2005094443.166.32$5,968
Dec 2004089139.866.75$6,015
Nov 200401,01045.286.33$6,394
Oct 2004091549.706.52$5,961
Sep 2004095943.245.28$5,067
Aug 200401,07542.375.55$5,967
Jul 2004079738.286.08$4,849
Jun 2004090636.106.43$5,828
May 200401,24337.486.49$8,073
Apr 200401,16934.475.86$6,849
Mar 200401,00634.365.53$5,563
Feb 200401,10432.455.51$6,083
Jan 200401,10232.036.30$6,942
Dec 200301,14530.266.30$7,215
Nov 200301,24228.804.60$5,707
Oct 200301,22228.174.76$5,816
Sep 200301,44526.314.75$6,863
Aug 200301,28229.765.13$6,576
Jul 200301,17929.415.17$6,096
Jun 200301,51728.565.98$9,076
May 2003085726.595.97$5,119
Apr 200301,39026.675.41$7,516
Mar 200301,62431.146.10$9,900
Feb 200301,58133.487.93$12,531
Jan 200301,40030.315.58$7,815
Dec 200201,83826.914.85$8,921
Nov 200201,84424.664.14$7,629
Oct 200202,09926.464.23$8,877
Sep 200201,92727.443.64$7,005
Aug 200201,97025.963.16$6,233
Jul 200201,30824.583.06$4,005
Jun 200201,87123.733.34$6,246
May 200202,10724.663.58$7,551
Apr 200201,77723.653.51$6,241
Mar 200201,78222.003.10$5,529
Feb 200201,56818.222.38$3,725
Jan 200201,64617.172.38$3,910
Dec 200101,64216.932.36$3,882
Nov 200101,58818.072.41$3,820
Oct 200102,06319.782.53$5,217
Sep 200102,07324.262.25$4,667
Aug 200102,27724.873.05$6,952
Jul 200102,53823.933.20$8,114
Jun 200102,29724.563.82$8,784
May 200102,28825.524.31$9,855
Apr 200102,25424.685.34$12,026
Mar 200102,36624.545.38$12,721
Feb 200102,18327.755.77$12,590
Jan 200102,35927.478.40$19,813
Dec 200002,21026.889.12$20,161
Nov 200002,33832.215.66$13,228
Oct 200002,47531.235.15$12,735
Sep 200002,69831.875.19$13,993
Aug 200002,67529.644.54$12,147
Jul 200002,47428.534.09$10,118
Jun 200002,18929.304.40$9,626
May 200002,22227.263.68$8,176
Apr 200002,24724.513.12$7,002
Mar 200003,28828.422.86$9,403
Feb 200001,89527.622.73$5,167
Jan 200002,18925.272.48$5,430
Dec 199902,28024.282.42$5,526
Nov 199902,05923.192.43$5,012
Oct 199902,92620.982.80$8,204
Sep 199902,66521.752.62$6,979
Aug 199902,80519.262.88$8,066
Jul 199902,10717.892.37$4,999
Jun 199901,74815.942.36$4,129
May 199902,71615.792.32$6,304
Apr 199902,67815.102.21$5,913
Mar 199903,52912.471.84$6,487
Feb 199903,3779.981.82$6,139
Jan 199903,63010.381.90$6,897
Dec 199804,8039.201.77$8,517
Nov 199804,20310.892.19$9,187
Oct 199804,77112.421.97$9,395
Sep 199804,19412.592.08$8,735
Aug 199805,01311.301.91$9,562
Jul 199805,90411.742.24$13,209
Jun 199806,05511.242.24$13,547
May 199807,18312.622.21$15,848
Apr 199806,83213.042.51$17,116
Mar 199806,24112.802.31$14,413
Feb 199808,07113.952.30$18,556
Jan 199808,83514.702.15$19,038
Dec 199708,71716.322.41$21,018
Nov 1997012,59618.193.09$38,900
Oct 199709,88719.253.15$31,142
Sep 1997012,48617.742.95$36,895
Aug 1997015,78617.862.55$40,329
Jul 1997022,62517.582.25$50,837
Jun 1997351,39717.242.26$116,065
May 1997550,42818.972.31$116,508

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.

Jan 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.60 =         $0
Gas                    1 Mcf  × $  3.42 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/163995 is the state's own key, not one this site invented.