CHAMPION

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 165189District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.1 M
Aug 1997 – Jan 2023
Value, last 12 filed months
$0
at the published price for each month
Months reported
306
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 Gas111998-02-02137960
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
CondensateDisposition52 bbl$880
GasProduction4,339,246 Mcf$15,130,495
Total$15,131,374

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 30.4833, -95.8898. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.48327, -95.88979 · 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
16,685 ft
1 wells filed one
Completion to plug
25.4 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 16,685 ft.

Completions filed
Aug 1997
1 of 1 wells
Plug dates filed
Jan 2023
1 of 1 wells

Last completion to plug: a median of 25.4 years across the 1 well that filed both dates, with the middle half between 25.4 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-18530619116,685 ftAug 1997Jan 2023Yes

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 (306)

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

306 months

Jan 20230076.533.39$0
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 201601841.442.92$53
Jul 201603,73741.622.92$10,928
Jun 201604,20345.352.69$11,289
May 201604,28342.521.99$8,528
Apr 201604,28336.561.99$8,528
Mar 201604,01233.011.79$7,198
Feb 201603,96026.472.06$8,172
Jan 201604,52427.352.36$10,696
Dec 201504,46832.362.00$8,942
Nov 201504,47538.792.17$9,699
Oct 201504,53843.552.43$11,012
Sep 201504,15842.992.76$11,470
Aug 201504,62040.162.87$13,271
Jul 201504,72748.152.95$13,921
Jun 201504,62956.152.88$13,345
May 201504,87255.212.96$14,399
Apr 201504,77049.822.71$12,910
Mar 201503,21742.892.93$9,441
Feb 201502,80944.662.98$8,360
Jan 201503,15743.433.10$9,789
Dec 201402,59454.693.59$9,316
Nov 201403,85970.464.25$16,408
Oct 201403,58278.303.90$13,973
Sep 201404,12086.164.05$16,667
Aug 201404,48189.394.04$18,081
Jul 201405,01696.564.18$20,965
Jun 201404,74298.164.74$22,462
May 201405,13794.734.73$24,280
Apr 201404,75395.944.81$22,858
Mar 201404,79595.895.06$24,247
Feb 201404,21197.406.19$26,075
Jan 201404,68390.404.86$22,763
Dec 201304,99491.824.35$21,746
Nov 201304,81188.853.74$17,985
Oct 201304,83997.423.78$18,288
Sep 201305,263104.113.72$19,566
Aug 201305,331104.253.52$18,779
Jul 201305,230102.523.72$19,444
Jun 201304,52694.403.93$17,803
May 201304,50094.834.15$18,671
Apr 201304,47993.964.28$19,182
Mar 201304,87693.623.91$19,079
Feb 201304,01791.233.42$13,738
Jan 201304,76991.603.42$16,310
Dec 201205,54086.773.42$18,948
Nov 201205,37586.953.62$19,484
Oct 201205,73889.383.40$19,507
Sep 201205,38594.672.92$15,716
Aug 201205,40392.662.91$15,713
Jul 201205,35985.133.02$16,188
Jun 201203,65879.822.52$9,215
May 201205,35391.612.49$13,320
Apr 201205,995101.652.00$11,971
Mar 201206,366105.052.22$14,146
Feb 201206,034101.102.57$15,509
Jan 201206,34498.092.73$17,345
Dec 201106,57896.873.24$21,311
Nov 201106,38995.723.31$21,156
Oct 201106,57984.983.65$24,004
Sep 201106,74283.623.99$26,872
Aug 201106,92483.404.15$28,730
Jul 201106,24194.144.52$28,192
Jun 201106,60292.904.64$30,632
May 201106,74898.134.40$29,724
Apr 201106,898105.964.33$29,891
Mar 201107,45296.364.06$30,235
Feb 201107,87285.644.18$32,905
Jan 201107,14086.504.59$32,764
Dec 201008,27385.734.35$35,969
Nov 201008,37380.843.80$31,778
Oct 201006,99678.103.51$24,548
Sep 201005,19572.633.98$20,673
Aug 201007,50773.684.42$33,176
Jul 201004,58572.554.74$21,717
Jun 201005,39070.364.91$26,467
May 201005,90471.124.24$25,005
Apr 201005,96081.694.12$24,571
Mar 201005,42778.394.39$23,817
Feb 201004,14173.585.44$22,537
Jan 201004,92674.365.96$29,379
Dec 200905,23971.445.48$28,729
Nov 200905,75174.593.75$21,575
Oct 200906,94872.544.11$28,558
Sep 200905,03965.543.06$15,443
Aug 200904,18167.423.22$13,457
Jul 200903,85561.133.46$13,356
Jun 200904,49966.163.90$17,524
May 200906,78954.743.93$26,652
Apr 200906,07746.773.59$21,801
Mar 200905,59142.144.06$22,694
Feb 200905,71832.814.63$26,491
Jan 200907,32835.865.37$39,359
Dec 200805,04637.105.98$30,161
Nov 200805,80155.496.86$39,797
Oct 200807,45075.246.92$51,569
Sep 200805,061101.767.88$39,866
Aug 200806,942114.228.48$58,889
Jul 200807,485131.0811.39$85,250
Jun 200806,054131.3313.03$78,900
May 200806,911123.1711.57$79,990
Apr 200807,223110.3110.45$75,515
Mar 200806,644101.909.66$64,208
Feb 200807,07892.538.77$62,078
Jan 200808,17690.388.21$67,090
Dec 200706,97288.337.30$50,909
Nov 200707,53791.677.29$54,958
Oct 200708,88382.856.92$61,488
Sep 200706,00575.846.24$37,496
Aug 200708,45969.066.39$54,036
Jul 200707,45870.906.39$47,641
Jun 200706,29762.007.55$47,533
May 200705,91858.747.85$46,434
Apr 200706,47759.617.81$50,554
Mar 200707,88356.927.30$57,561
Feb 200707,34755.108.22$60,363
Jan 200707,16750.306.73$48,211
Dec 200607,10656.656.92$49,162
Nov 200606,43054.207.62$48,980
Oct 200608,24354.906.01$49,572
Sep 2006010,32460.085.04$52,004
Aug 200607,02268.717.34$51,541
Jul 200605,90969.376.34$37,479
Jun 200606,45966.286.38$41,233
May 200606,08566.016.42$39,096
Apr 200606,64564.397.36$48,910
Mar 200607,21456.707.08$51,096
Feb 200606,85457.597.75$53,126
Jan 200606,02660.598.93$53,832
Dec 200507,23854.9413.42$97,101
Nov 200506,45254.6910.59$68,316
Oct 200509,75658.3413.80$134,591
Sep 200509,31061.4512.08$112,455
Aug 200508,88961.519.80$87,084
Jul 200505,53355.697.84$43,399
Jun 200506,73552.337.38$49,711
May 200505,63045.226.65$37,446
Apr 200506,98649.207.36$51,420
Mar 200508,89850.377.15$63,664
Feb 200506,64945.226.31$41,968
Jan 200507,45543.166.32$47,132
Dec 200406,51639.866.75$43,990
Nov 200406,73545.286.33$42,635
Oct 200407,16149.706.52$46,655
Sep 200406,37843.245.28$33,701
Aug 200406,60842.375.55$36,679
Jul 200407,56738.286.08$46,039
Jun 200408,11136.106.43$52,178
May 200409,19037.486.49$59,685
Apr 200407,23034.475.86$42,357
Mar 200408,10634.365.53$44,827
Feb 200408,07732.455.51$44,501
Jan 200409,96332.036.30$62,763
Dec 2003010,54230.266.30$66,432
Nov 2003010,41028.804.60$47,836
Oct 2003011,23028.174.76$53,451
Sep 2003011,59926.314.75$55,088
Aug 2003012,72529.765.13$65,276
Jul 2003012,32929.415.17$63,751
Jun 2003011,29728.565.98$67,590
May 2003012,58026.595.97$75,136
Apr 2003010,33026.675.41$55,857
Mar 2003017,66231.146.10$107,668
Feb 200308,75733.487.93$69,407
Jan 2003010,35930.315.58$57,824
Dec 2002010,24026.914.85$49,703
Nov 2002010,07324.664.14$41,672
Oct 2002014,55526.464.23$61,555
Sep 2002012,83027.443.64$46,640
Aug 2002012,83425.963.16$40,609
Jul 2002014,85024.583.06$45,467
Jun 2002013,69323.733.34$45,711
May 2002014,97924.663.58$53,685
Apr 2002015,26823.653.51$53,626
Mar 2002017,86322.003.10$55,424
Feb 2002016,13518.222.38$38,332
Jan 2002016,49817.172.38$39,194
Dec 2001019,39416.932.36$45,855
Nov 2001017,39418.072.41$41,842
Oct 2001015,76119.782.53$39,858
Sep 2001013,88824.262.25$31,266
Aug 2001013,04524.873.05$39,828
Jul 2001015,41323.933.20$49,277
Jun 2001015,74424.563.82$60,208
May 2001016,38725.524.31$70,584
Apr 2001016,96224.685.34$90,498
Mar 2001019,19624.545.38$103,206
Feb 2001017,74127.755.77$102,314
Jan 2001015,78127.478.40$132,541
Dec 2000015,60926.889.12$142,393
Nov 2000014,25632.215.66$80,660
Oct 2000018,57031.235.15$95,552
Sep 2000022,00731.875.19$114,139
Aug 2000218,83729.644.54$85,593
Jul 2000021,35428.534.09$87,333
Jun 2000320,44029.304.40$89,968
May 2000019,08527.263.68$70,228
Apr 2000021,51324.513.12$67,035
Mar 2000022,72128.422.86$64,976
Feb 2000027,30427.622.73$74,444
Jan 2000123,20225.272.48$57,578
Dec 1999025,61424.282.42$62,081
Nov 1999127,00623.192.43$65,756
Oct 1999029,72720.982.80$83,346
Sep 1999229,20121.752.62$76,517
Aug 1999326,27819.262.88$75,623
Jul 1999030,31217.892.37$71,911
Jun 1999231,84215.942.36$75,246
May 1999133,16415.792.32$76,990
Apr 1999032,56915.102.21$71,914
Mar 1999338,40412.471.84$70,637
Feb 1999139,9729.981.82$72,671
Jan 1999140,59410.381.90$77,137
Dec 1998346,2439.201.77$82,031
Nov 1998146,75110.892.19$102,195
Oct 1998351,67712.421.97$101,800
Sep 1998351,97012.592.08$108,272
Aug 1998158,73211.301.91$112,034
Jul 1998163,03611.742.24$141,040
Jun 1998163,53411.242.24$142,154
May 1998075,25012.622.21$166,027
Apr 1998075,81613.042.51$189,944
Mar 1998388,15212.802.31$203,620
Feb 1998186,87013.952.30$199,739
Jan 19980111,52114.702.15$240,304
Dec 19974126,65016.322.41$305,431
Nov 19970128,08918.193.09$395,572
Oct 199711274,76019.253.15$865,656
Sep 19970477,56417.742.95$1,411,144
Aug 19970467,46717.862.55$1,194,257

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.

Aug 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 41.44 =         $0
Gas                   18 Mcf  × $  2.92 =        $53

────────────────────────────────────────────────────
Month total                                      $53

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/165189 is the state's own key, not one this site invented.