WOOD

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 164872District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Jul 1997 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
347
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 Gas111998-04-03137854
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
CondensateDisposition3,406 bbl$93,415
GasProduction834,217 Mcf$2,963,798
Total$3,057,213

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 30.5619, -95.8806. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.56189, -95.88064 · 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
17,203 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 17,203 ft.

Completions filed
Jul 1997
1 of 1 wells

1 well

42-185306181H17,203 ftJul 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 (347)

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

347 months

May 20260258106.413.05$786
Apr 2026015398.932.87$439
Mar 202601,27189.753.15$4,003
Feb 202608063.503.75$300
Jan 202601,70459.138.00$13,628
Dec 202509156.664.41$402
Nov 2025026658.593.93$1,044
Oct 2025015859.383.30$522
Sep 2025011862.743.08$363
Aug 2025038463.933.01$1,158
Jul 2025059866.743.32$1,982
Jun 2025055666.483.13$1,740
May 2025059860.553.23$1,933
Apr 2025081262.363.54$2,877
Mar 2025099867.704.27$4,260
Feb 202501,40470.884.34$6,095
Jan 20250074.324.28$0
Dec 2024030768.993.12$958
Nov 202401,10769.052.20$2,434
Oct 2024052671.372.28$1,200
Sep 2024054969.612.36$1,298
Aug 2024072375.632.06$1,492
Jul 202401,08079.932.15$2,318
Jun 2024045278.082.63$1,191
May 202401,52478.812.20$3,350
Apr 2024095884.451.66$1,590
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202402073.023.30$66
Dec 202301571.262.61$39
Nov 202301677.892.81$45
Oct 202303885.443.09$117
Sep 202301789.042.74$47
Aug 202303980.522.67$104
Jul 2023010274.852.64$269
Jun 202301,24268.962.26$2,805
May 2023096570.622.23$2,149
Apr 202308178.122.24$181
Mar 202307072.852.39$168
Feb 202306375.112.47$155
Jan 2023013576.533.39$457
Dec 2022021476.415.73$1,226
Nov 2022029885.005.65$1,683
Oct 202207887.185.86$457
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022033115.097.98$263
May 2022054109.378.43$455
Apr 2022094104.226.84$643
Mar 20220199108.885.08$1,010
Feb 2022037191.054.86$1,803
Jan 202201,47581.844.54$6,693
Dec 20210071.323.90$0
Nov 202101,21377.435.24$6,352
Oct 2021020179.795.71$1,148
Sep 2021038369.865.35$2,049
Aug 2021080066.024.22$3,376
Jul 2021068970.783.98$2,744
Jun 202101,11069.493.38$3,752
May 202101,13763.483.02$3,431
Apr 2021089260.362.76$2,461
Mar 20210061.302.72$0
Feb 2021029957.805.55$1,659
Jan 2021043150.412.81$1,211
Dec 2020047044.642.68$1,257
Nov 2020042738.772.71$1,156
Oct 202001,05636.972.48$2,617
Sep 2020073437.091.99$1,461
Aug 2020040639.982.39$968
Jul 202001,30938.371.83$2,389
Jun 202008834.901.69$149
May 2020029216.921.81$530
Apr 2020056214.751.80$1,014
Mar 2020052030.341.86$965
Feb 2020038049.881.98$753
Jan 2020059257.252.09$1,240
Dec 2019034859.012.30$802
Nov 2019047655.302.75$1,309
Oct 201908053.472.42$193
Sep 20197919055.052.66$4,854
Aug 2019057553.112.30$1,325
Jul 2019034256.272.46$841
Jun 2019011352.782.49$282
May 2019054358.482.74$1,488
Apr 2019050162.632.75$1,378
Mar 2019029156.803.06$891
Feb 2019078450.852.79$2,189
Jan 2019078746.033.23$2,541
Dec 2018048146.594.19$2,013
Nov 20180052.934.24$0
Oct 2018057561.443.40$1,954
Sep 2018086659.543.11$2,692
Aug 2018041759.403.07$1,279
Jul 2018048465.142.93$1,419
Jun 201801,01460.183.08$3,120
May 2018024965.382.90$722
Apr 2018090563.842.90$2,625
Mar 2018082361.222.79$2,294
Feb 2018035861.782.77$990
Jan 2018021762.874.01$870
Dec 2017091457.272.92$2,670
Nov 2017051555.423.12$1,606
Oct 2017057049.292.98$1,701
Sep 2017431,00947.523.09$5,158
Aug 2017049845.373.00$1,496
Jul 2017064543.873.09$1,991
Jun 2017071842.493.09$2,217
May 2017091845.373.26$2,996
Apr 2017079847.933.21$2,563
Mar 2017097846.772.98$2,918
Feb 2017090150.452.95$2,660
Jan 201701,52749.413.42$5,221
Dec 20160048.763.72$0
Nov 2016068542.492.64$1,811
Oct 201601,85046.193.09$5,717
Sep 20160041.553.10$0
Aug 201601,41641.442.92$4,141
Jul 201601,18041.622.92$3,451
Jun 2016076445.352.69$2,052
May 201602142.521.99$42
Apr 2016012036.561.99$239
Mar 2016022933.011.79$411
Feb 2016038926.472.06$803
Jan 201601,44827.352.36$3,424
Dec 20150032.362.00$0
Nov 2015084838.792.17$1,838
Oct 2015014843.552.43$359
Sep 201501,15442.992.76$3,183
Aug 201507440.162.87$213
Jul 2015077848.152.95$2,291
Jun 2015084956.152.88$2,448
May 2015057155.212.96$1,688
Apr 2015094649.822.71$2,560
Mar 2015016642.892.93$487
Feb 2015033444.662.98$994
Jan 2015022943.433.10$710
Dec 2014071454.693.59$2,564
Nov 2014053270.464.25$2,262
Oct 2014060778.303.90$2,368
Sep 2014076186.164.05$3,079
Aug 201401,21789.394.04$4,911
Jul 201401,52896.564.18$6,386
Jun 201402,85298.164.74$13,510
May 2014011394.734.73$534
Apr 2014119195.944.81$11,422
Mar 20140195.895.06$5
Feb 201401097.406.19$62
Jan 2014098990.404.86$4,807
Dec 2013014091.824.35$610
Nov 2013019488.853.74$725
Oct 2013037497.423.78$1,413
Sep 20130490104.113.72$1,822
Aug 20130834104.253.52$2,938
Jul 20130503102.523.72$1,870
Jun 201302,57894.403.93$10,140
May 2013023694.834.15$979
Apr 2013093893.964.28$4,017
Mar 201302,05293.623.91$8,029
Feb 2013032391.233.42$1,105
Jan 2013071191.603.42$2,432
Dec 201201,74886.773.42$5,978
Nov 201201,42486.953.62$5,162
Oct 201202,08189.383.40$7,075
Sep 201201,74794.672.92$5,098
Aug 201201,83792.662.91$5,342
Jul 201201,52985.133.02$4,619
Jun 201203,06579.822.52$7,721
May 2012021891.612.49$542
Apr 20120318101.652.00$635
Mar 20120317105.052.22$704
Feb 20120263101.102.57$676
Jan 2012028098.092.73$766
Dec 2011027796.873.24$897
Nov 2011022595.723.31$745
Oct 2011016384.983.65$595
Sep 2011022283.623.99$885
Aug 2011024483.404.15$1,012
Jul 201101,39894.144.52$6,315
Jun 2011014192.904.64$654
May 2011029598.134.40$1,299
Apr 20110359105.964.33$1,556
Mar 2011076596.364.06$3,104
Feb 2011097185.644.18$4,059
Jan 201101,25186.504.59$5,741
Dec 201001,27985.734.35$5,561
Nov 201001,27580.843.80$4,839
Oct 201002,55878.103.51$8,976
Sep 201001,52072.633.98$6,049
Aug 2010015773.684.42$694
Jul 2010022272.554.74$1,052
Jun 2010017470.364.91$854
May 2010048771.124.24$2,063
Apr 2010057581.694.12$2,371
Mar 2010064078.394.39$2,809
Feb 201001,20373.585.44$6,547
Jan 201001,05374.365.96$6,280
Dec 200901,26871.445.48$6,953
Nov 200901,34274.593.75$5,035
Oct 200901,35072.544.11$5,549
Sep 200901,10565.543.06$3,387
Aug 2009097867.423.22$3,148
Jul 200901,07961.133.46$3,738
Jun 200901,24666.163.90$4,853
May 200901,74254.743.93$6,839
Apr 200901,68646.773.59$6,049
Mar 200901,49942.144.06$6,084
Feb 200901,38532.814.63$6,417
Jan 200921,62635.865.37$8,805
Dec 200801,44737.105.98$8,649
Nov 200801,29155.496.86$8,857
Oct 200801,28475.246.92$8,888
Sep 200801,113101.767.88$8,767
Aug 20080987114.228.48$8,373
Jul 200801,120131.0811.39$12,756
Jun 200801,056131.3313.03$13,762
May 200811,041123.1711.57$12,172
Apr 200801,133110.3110.45$11,845
Mar 200801,338101.909.66$12,931
Feb 200801,47192.538.77$12,902
Jan 200801,32990.388.21$10,905
Dec 20071341,31788.337.30$21,453
Nov 200701,83791.677.29$13,395
Oct 200701,46382.856.92$10,127
Sep 200701,49275.846.24$9,316
Aug 200701,27769.066.39$8,157
Jul 2007099170.906.39$6,330
Jun 200701,17062.007.55$8,832
May 200701,37058.747.85$10,749
Apr 200701,44059.617.81$11,239
Mar 200701,51256.927.30$11,041
Feb 200701,54255.108.22$12,669
Jan 200701,66050.306.73$11,167
Dec 200601,41156.656.92$9,762
Nov 200601,59154.207.62$12,119
Oct 200601,49454.906.01$8,985
Sep 200601,51060.085.04$7,606
Aug 200601,77168.717.34$12,999
Jul 200601,56269.376.34$9,907
Jun 200601,64266.286.38$10,482
May 200601,78066.016.42$11,437
Apr 200611,55764.397.36$11,525
Mar 200601,93956.707.08$13,734
Feb 200601,76857.597.75$13,704
Jan 200601,85860.598.93$16,598
Dec 200501,39554.9413.42$18,714
Nov 200502,08854.6910.59$22,109
Oct 200502,08858.3413.80$28,806
Sep 20051511,42761.4512.08$26,516
Aug 200501,58161.519.80$15,489
Jul 200501,32455.697.84$10,385
Jun 200501,20352.337.38$8,879
May 200501,50945.226.65$10,037
Apr 200511,25149.207.36$9,257
Mar 200501,53550.377.15$10,983
Feb 200501,36245.226.31$8,597
Jan 200502,10143.166.32$13,283
Dec 200402,07139.866.75$13,981
Nov 200402,12345.286.33$13,439
Oct 200421,83349.706.52$12,042
Sep 200402,33243.245.28$12,322
Aug 200402,15542.375.55$11,962
Jul 200401,65938.286.08$10,094
Jun 200401,61736.106.43$10,402
May 200401,71837.486.49$11,158
Apr 200401,64234.475.86$9,620
Mar 200401,97034.365.53$10,894
Feb 200402,26032.455.51$12,452
Jan 200401,91532.036.30$12,064
Dec 200302,55830.266.30$16,120
Nov 200302,37028.804.60$10,891
Oct 20031752,50128.174.76$16,834
Sep 200302,44426.314.75$11,607
Aug 200302,71229.765.13$13,912
Jul 200302,97829.415.17$15,399
Jun 200303,64328.565.98$21,796
May 200301,95326.595.97$11,665
Apr 200302,49826.675.41$13,507
Mar 200302,01031.146.10$12,253
Feb 200302,20333.487.93$17,461
Jan 200302,41030.315.58$13,453
Dec 200202,96126.914.85$14,372
Nov 200202,05424.664.14$8,497
Oct 200202,00326.464.23$8,471
Sep 200202,99127.443.64$10,873
Aug 200202,01225.963.16$6,366
Jul 20021561,95824.583.06$9,829
Jun 200202,72723.733.34$9,103
May 200202,81724.663.58$10,096
Apr 200202,19823.653.51$7,720
Mar 200203,59922.003.10$11,167
Feb 200202,92218.222.38$6,942
Jan 200203,62317.172.38$8,607
Dec 200102,01916.932.36$4,774
Nov 200102,35018.072.41$5,653
Oct 200102,89419.782.53$7,319
Sep 200102,64024.262.25$5,943
Aug 200102,31524.873.05$7,068
Jul 200102,64823.933.20$8,466
Jun 200101,93524.563.82$7,400
May 20011613,65625.524.31$19,856
Apr 200104,01624.685.34$21,427
Mar 200102,78124.545.38$14,952
Feb 200103,17827.755.77$18,328
Jan 200103,06127.478.40$25,709
Dec 200002,61026.889.12$23,810
Nov 200004,53132.215.66$25,636
Oct 200001,64231.235.15$8,449
Sep 200003,99431.875.19$20,715
Aug 20001785,84929.644.54$31,835
Jul 200002,48828.534.09$10,175
Jun 200004,91229.304.40$21,599
May 200003,84127.263.68$14,134
Apr 200002,73924.513.12$8,535
Mar 200005,55328.422.86$15,880
Feb 200005,30627.622.73$14,467
Jan 200001,41325.272.48$3,505
Dec 199905,85824.282.42$14,198
Nov 199903,93423.192.43$9,575
Oct 199904,28220.982.80$12,005
Sep 199904,56021.752.62$11,942
Aug 199904,01919.262.88$11,557
Jul 19991815,27617.892.37$15,755
Jun 199906,44115.942.36$15,214
May 199903,15615.792.32$7,325
Apr 199903,01715.102.21$6,662
Mar 19991836,73912.471.84$14,671
Feb 199907,9389.981.82$14,430
Jan 199905,16510.381.90$9,813
Dec 199808,3089.201.77$14,733
Nov 199805,12210.892.19$11,195
Oct 199808,75812.421.97$17,246
Sep 199807,85712.592.08$16,363
Aug 1998010,05011.301.91$19,169
Jul 199818112,57611.742.24$30,261
Jun 1998011,08011.242.24$24,789
May 1998010,04612.622.21$22,165
Apr 199818113,29913.042.51$35,679
Mar 1998010,52412.802.31$24,305
Feb 199818212,79013.952.30$31,945
Jan 1998019,36314.702.15$41,723
Dec 199718022,43816.322.41$57,038
Nov 199718424,22418.193.09$78,157
Oct 199735932,57019.253.15$109,500
Sep 199717951,82617.742.95$156,315
Aug 1997393121,83817.862.55$318,283
Jul 1997017,74517.582.25$39,872

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                  258 Mcf  × $  3.05 =       $786

────────────────────────────────────────────────────
Month total                                     $786

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/164872 is the state's own key, not one this site invented.