VICTORY

Name: VICTORY lease production and value, Nov 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 166267District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$27.0 M

Nov 1997 – Jan 2023

Value, last 12 filed months

at the published price for each month

Months reported

303

no gaps in the span

Streams

condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1998-04-27	137950
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	100 bbl	$1,584
Gas	Production	7,785,545 Mcf	$26,990,565
Total			$26,992,149

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 30.4784, -95.8830. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.47837, -95.88303 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

16,942 ft

1 wells filed one

Completion to plug

25.3 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 16,942 ft.

Completions filed

Nov 1997

1 of 1 wells

Plug dates filed

Feb 2023

1 of 1 wells

Last completion to plug: a median of 25.3 years across the 1 well that filed both dates, with the middle half between 25.3 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-18530630	1	16,942 ft	Nov 1997	Feb 2023	Yes

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 (303)

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

303 months


Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	9	14.75	1.80	$16
Mar 2020	0	22	30.34	1.86	$41
Feb 2020	0	2,082	49.88	1.98	$4,124
Jan 2020	0	4,873	57.25	2.09	$10,208
Dec 2019	0	4,884	59.01	2.30	$11,254
Nov 2019	0	4,771	55.30	2.75	$13,124
Oct 2019	0	4,852	53.47	2.42	$11,735
Sep 2019	0	4,614	55.05	2.66	$12,261
Aug 2019	0	4,960	53.11	2.30	$11,430
Jul 2019	0	5,267	56.27	2.46	$12,957
Jun 2019	0	4,744	52.78	2.49	$11,818
May 2019	0	5,068	58.48	2.74	$13,888
Apr 2019	0	4,770	62.63	2.75	$13,121
Mar 2019	0	5,296	56.80	3.06	$16,217
Feb 2019	0	4,860	50.85	2.79	$13,570
Jan 2019	0	4,856	46.03	3.23	$15,676
Dec 2018	0	5,021	46.59	4.19	$21,015
Nov 2018	0	5,001	52.93	4.24	$21,190
Oct 2018	0	4,952	61.44	3.40	$16,827
Sep 2018	0	4,900	59.54	3.11	$15,229
Aug 2018	0	5,241	59.40	3.07	$16,072
Jul 2018	0	5,133	65.14	2.93	$15,049
Jun 2018	0	5,019	60.18	3.08	$15,443
May 2018	0	5,003	65.38	2.90	$14,513
Apr 2018	0	5,116	63.84	2.90	$14,840
Mar 2018	0	5,239	61.22	2.79	$14,600
Feb 2018	0	4,317	61.78	2.77	$11,941
Jan 2018	0	4,970	62.87	4.01	$19,926
Dec 2017	0	5,338	57.27	2.92	$15,595
Nov 2017	0	5,094	55.42	3.12	$15,885
Oct 2017	0	5,137	49.29	2.98	$15,327
Sep 2017	0	5,054	47.52	3.09	$15,603
Aug 2017	0	5,260	45.37	3.00	$15,803
Jul 2017	0	5,197	43.87	3.09	$16,045
Jun 2017	0	5,316	42.49	3.09	$16,412
May 2017	0	5,549	45.37	3.26	$18,109
Apr 2017	0	5,409	47.93	3.21	$17,372
Mar 2017	0	5,596	46.77	2.98	$16,697
Feb 2017	0	277	50.45	2.95	$818
Jan 2017	0	5,533	49.41	3.42	$18,916
Dec 2016	0	5,503	48.76	3.72	$20,487
Nov 2016	0	5,309	42.49	2.64	$14,039
Oct 2016	0	5,605	46.19	3.09	$17,321
Sep 2016	0	5,524	41.55	3.10	$17,128
Aug 2016	0	5,695	41.44	2.92	$16,654
Jul 2016	0	6,387	41.62	2.92	$18,678
Jun 2016	0	6,287	45.35	2.69	$16,886
May 2016	0	6,567	42.52	1.99	$13,075
Apr 2016	0	6,338	36.56	1.99	$12,619
Mar 2016	0	6,780	33.01	1.79	$12,163
Feb 2016	0	6,126	26.47	2.06	$12,642
Jan 2016	0	6,571	27.35	2.36	$15,536
Dec 2015	0	6,551	32.36	2.00	$13,111
Nov 2015	0	6,391	38.79	2.17	$13,851
Oct 2015	0	6,980	43.55	2.43	$16,938
Sep 2015	0	6,232	42.99	2.76	$17,190
Aug 2015	0	6,682	40.16	2.87	$19,194
Jul 2015	0	7,076	48.15	2.95	$20,839
Jun 2015	0	6,986	56.15	2.88	$20,140
May 2015	0	7,058	55.21	2.96	$20,860
Apr 2015	0	7,041	49.82	2.71	$19,057
Mar 2015	0	7,426	42.89	2.93	$21,793
Feb 2015	0	6,693	44.66	2.98	$19,920
Jan 2015	0	7,014	43.43	3.10	$21,748
Dec 2014	0	7,859	54.69	3.59	$28,225
Nov 2014	0	5,982	70.46	4.25	$25,435
Oct 2014	0	6,465	78.30	3.90	$25,220
Sep 2014	0	6,980	86.16	4.05	$28,237
Aug 2014	0	7,240	89.39	4.04	$29,214
Jul 2014	0	7,311	96.56	4.18	$30,557
Jun 2014	0	7,001	98.16	4.74	$33,163
May 2014	0	7,144	94.73	4.73	$33,767
Apr 2014	0	7,055	95.94	4.81	$33,928
Mar 2014	0	7,374	95.89	5.06	$37,289
Feb 2014	0	6,057	97.40	6.19	$37,505
Jan 2014	0	6,761	90.40	4.86	$32,863
Dec 2013	0	7,404	91.82	4.35	$32,241
Nov 2013	0	7,291	88.85	3.74	$27,256
Oct 2013	0	7,450	97.42	3.78	$28,156
Sep 2013	0	7,309	104.11	3.72	$27,173
Aug 2013	0	7,250	104.25	3.52	$25,539
Jul 2013	0	7,452	102.52	3.72	$27,705
Jun 2013	0	7,362	94.40	3.93	$28,958
May 2013	0	7,381	94.83	4.15	$30,624
Apr 2013	0	7,103	93.96	4.28	$30,419
Mar 2013	0	7,683	93.62	3.91	$30,063
Feb 2013	0	6,693	91.23	3.42	$22,889
Jan 2013	0	6,977	91.60	3.42	$23,861
Dec 2012	0	7,441	86.77	3.42	$25,449
Nov 2012	0	6,856	86.95	3.62	$24,853
Oct 2012	0	7,030	89.38	3.40	$23,900
Sep 2012	0	5,326	94.67	2.92	$15,543
Aug 2012	0	9,149	92.66	2.91	$26,607
Jul 2012	0	9,550	85.13	3.02	$28,849
Jun 2012	0	8,256	79.82	2.52	$20,797
May 2012	0	7,283	91.61	2.49	$18,122
Apr 2012	0	8,967	101.65	2.00	$17,905
Mar 2012	0	8,433	105.05	2.22	$18,739
Feb 2012	0	9,120	101.10	2.57	$23,441
Jan 2012	0	9,716	98.09	2.73	$26,564
Dec 2011	0	7,835	96.87	3.24	$25,383
Nov 2011	0	8,840	95.72	3.31	$29,272
Oct 2011	0	8,543	84.98	3.65	$31,169
Sep 2011	0	9,014	83.62	3.99	$35,928
Aug 2011	0	9,653	83.40	4.15	$40,053
Jul 2011	0	9,274	94.14	4.52	$41,893
Jun 2011	0	8,840	92.90	4.64	$41,017
May 2011	0	9,153	98.13	4.40	$40,317
Apr 2011	0	11,000	105.96	4.33	$47,666
Mar 2011	0	8,926	96.36	4.06	$36,216
Feb 2011	0	7,932	85.64	4.18	$33,156
Jan 2011	0	10,688	86.50	4.59	$49,045
Dec 2010	0	7,695	85.73	4.35	$33,456
Nov 2010	0	7,910	80.84	3.80	$30,021
Oct 2010	0	9,274	78.10	3.51	$32,541
Sep 2010	0	7,696	72.63	3.98	$30,626
Aug 2010	0	10,845	73.68	4.42	$47,928
Jul 2010	0	11,547	72.55	4.74	$54,692
Jun 2010	0	11,489	70.36	4.91	$56,416
May 2010	0	9,815	71.12	4.24	$41,569
Apr 2010	0	11,612	81.69	4.12	$47,873
Mar 2010	0	9,214	78.39	4.39	$40,437
Feb 2010	0	10,246	73.58	5.44	$55,762
Jan 2010	0	12,380	74.36	5.96	$73,835
Dec 2009	0	12,394	71.44	5.48	$67,966
Nov 2009	0	10,242	74.59	3.75	$38,423
Oct 2009	0	12,181	72.54	4.11	$50,067
Sep 2009	0	9,408	65.54	3.06	$28,833
Aug 2009	0	11,913	67.42	3.22	$38,342
Jul 2009	0	9,961	61.13	3.46	$34,510
Jun 2009	0	13,043	66.16	3.90	$50,802
May 2009	0	11,376	54.74	3.93	$44,659
Apr 2009	0	14,660	46.77	3.59	$52,593
Mar 2009	0	10,428	42.14	4.06	$42,327
Feb 2009	0	12,609	32.81	4.63	$58,418
Jan 2009	0	15,494	35.86	5.37	$83,218
Dec 2008	0	12,198	37.10	5.98	$72,909
Nov 2008	0	11,608	55.49	6.86	$79,635
Oct 2008	0	13,567	75.24	6.92	$93,911
Sep 2008	0	12,104	101.76	7.88	$95,344
Aug 2008	0	13,261	114.22	8.48	$112,493
Jul 2008	0	15,445	131.08	11.39	$175,910
Jun 2008	0	11,724	131.33	13.03	$152,795
May 2008	0	14,562	123.17	11.57	$168,545
Apr 2008	0	16,466	110.31	10.45	$172,150
Mar 2008	0	8,666	101.90	9.66	$83,749
Feb 2008	0	13,133	92.53	8.77	$115,184
Jan 2008	0	12,658	90.38	8.21	$103,868
Dec 2007	0	15,300	88.33	7.30	$111,720
Nov 2007	0	13,196	91.67	7.29	$96,221
Oct 2007	0	15,732	82.85	6.92	$108,897
Sep 2007	0	13,321	75.84	6.24	$83,178
Aug 2007	0	14,478	69.06	6.39	$92,485
Jul 2007	0	17,462	70.90	6.39	$111,546
Jun 2007	0	15,214	62.00	7.55	$114,842
May 2007	0	16,895	58.74	7.85	$132,563
Apr 2007	0	17,635	59.61	7.81	$137,645
Mar 2007	0	18,093	56.92	7.30	$132,115
Feb 2007	0	16,904	55.10	8.22	$138,883
Jan 2007	0	16,726	50.30	6.73	$112,513
Dec 2006	0	18,626	56.65	6.92	$128,863
Nov 2006	0	19,959	54.20	7.62	$152,037
Oct 2006	0	19,516	54.90	6.01	$117,365
Sep 2006	0	18,644	60.08	5.04	$93,914
Aug 2006	0	13,502	68.71	7.34	$99,104
Jul 2006	0	14,717	69.37	6.34	$93,346
Jun 2006	0	14,621	66.28	6.38	$93,339
May 2006	0	18,557	66.01	6.42	$119,229
Apr 2006	0	13,495	64.39	7.36	$99,330
Mar 2006	0	16,852	56.70	7.08	$119,361
Feb 2006	0	14,058	57.59	7.75	$108,965
Jan 2006	0	14,900	60.59	8.93	$133,106
Dec 2005	0	14,377	54.94	13.42	$192,873
Nov 2005	0	16,676	54.69	10.59	$176,572
Oct 2005	0	15,791	58.34	13.80	$217,849
Sep 2005	0	13,883	61.45	12.08	$167,693
Aug 2005	0	18,592	61.51	9.80	$182,143
Jul 2005	0	16,802	55.69	7.84	$131,789
Jun 2005	0	15,021	52.33	7.38	$110,871
May 2005	0	17,524	45.22	6.65	$116,555
Apr 2005	0	12,946	49.20	7.36	$95,289
Mar 2005	0	14,921	50.37	7.15	$106,758
Feb 2005	0	14,292	45.22	6.31	$90,210
Jan 2005	0	16,302	43.16	6.32	$103,065
Dec 2004	0	16,499	39.86	6.75	$111,386
Nov 2004	0	16,236	45.28	6.33	$102,781
Oct 2004	0	15,777	49.70	6.52	$102,789
Sep 2004	0	13,916	43.24	5.28	$73,531
Aug 2004	0	14,696	42.37	5.55	$81,573
Jul 2004	0	16,086	38.28	6.08	$97,870
Jun 2004	0	17,777	36.10	6.43	$114,360
May 2004	0	17,970	37.48	6.49	$116,708
Apr 2004	0	18,723	34.47	5.86	$109,688
Mar 2004	0	19,830	34.36	5.53	$109,663
Feb 2004	0	19,802	32.45	5.51	$109,102
Jan 2004	0	20,862	32.03	6.30	$131,423
Dec 2003	0	23,207	30.26	6.30	$146,242
Nov 2003	0	21,474	28.80	4.60	$98,676
Oct 2003	0	23,650	28.17	4.76	$112,565
Sep 2003	0	24,310	26.31	4.75	$115,457
Aug 2003	0	23,123	29.76	5.13	$118,615
Jul 2003	0	23,924	29.41	5.17	$123,707
Jun 2003	1	23,454	28.56	5.98	$140,353
May 2003	0	27,889	26.59	5.97	$166,572
Apr 2003	0	25,148	26.67	5.41	$135,982
Mar 2003	0	23,270	31.14	6.10	$141,855
Feb 2003	0	22,576	33.48	7.93	$178,935
Jan 2003	0	25,077	30.31	5.58	$139,981
Dec 2002	0	25,975	26.91	4.85	$126,076
Nov 2002	0	26,728	24.66	4.14	$110,573
Oct 2002	0	28,745	26.46	4.23	$121,566
Sep 2002	0	27,541	27.44	3.64	$100,117
Aug 2002	0	35,639	25.96	3.16	$112,768
Jul 2002	0	17,452	24.58	3.06	$53,434
Jun 2002	0	24,253	23.73	3.34	$80,962
May 2002	0	30,481	24.66	3.58	$109,244
Apr 2002	0	30,252	23.65	3.51	$106,255
Mar 2002	0	33,059	22.00	3.10	$102,573
Feb 2002	0	29,853	18.22	2.38	$70,921
Jan 2002	0	37,253	17.17	2.38	$88,501
Dec 2001	0	40,589	16.93	2.36	$95,969
Nov 2001	0	41,373	18.07	2.41	$99,524
Oct 2001	0	44,861	19.78	2.53	$113,448
Sep 2001	0	45,985	24.26	2.25	$103,527
Aug 2001	0	24,535	24.87	3.05	$74,909
Jul 2001	0	46,270	23.93	3.20	$147,929
Jun 2001	0	44,863	24.56	3.82	$171,563
May 2001	0	35,206	25.52	4.31	$151,644
Apr 2001	0	34,323	24.68	5.34	$183,124
Mar 2001	0	29,262	24.54	5.38	$157,325
Feb 2001	0	30,528	27.75	5.77	$176,057
Jan 2001	0	24,165	27.47	8.40	$202,956
Dec 2000	0	39,722	26.88	9.12	$362,364
Nov 2000	0	32,489	32.21	5.66	$183,823
Oct 2000	0	39,716	31.23	5.15	$204,359
Sep 2000	0	33,132	31.87	5.19	$171,839
Aug 2000	5	38,193	29.64	4.54	$173,573
Jul 2000	0	36,858	28.53	4.09	$150,740
Jun 2000	3	41,737	29.30	4.40	$183,616
May 2000	1	39,757	27.26	3.68	$146,323
Apr 2000	0	44,881	24.51	3.12	$139,849
Mar 2000	1	43,594	28.42	2.86	$124,696
Feb 2000	1	43,546	27.62	2.73	$118,756
Jan 2000	1	44,725	25.27	2.48	$110,966
Dec 1999	0	52,681	24.28	2.42	$127,684
Nov 1999	2	48,595	23.19	2.43	$118,326
Oct 1999	0	57,532	20.98	2.80	$161,303
Sep 1999	3	60,234	21.75	2.62	$157,809
Aug 1999	1	56,870	19.26	2.88	$163,555
Jul 1999	0	60,795	17.89	2.37	$144,228
Jun 1999	3	72,604	15.94	2.36	$171,546
May 1999	2	67,042	15.79	2.32	$155,637
Apr 1999	0	70,851	15.10	2.21	$156,443
Mar 1999	7	83,001	12.47	1.84	$152,671
Feb 1999	1	80,002	9.98	1.82	$145,437
Jan 1999	7	90,986	10.38	1.90	$172,942
Dec 1998	5	102,198	9.20	1.77	$181,276
Nov 1998	4	106,938	10.89	2.19	$233,780
Oct 1998	6	119,491	12.42	1.97	$235,377
Sep 1998	3	129,631	12.59	2.08	$270,010
Aug 1998	3	146,816	11.30	1.91	$280,063
Jul 1998	2	162,815	11.74	2.24	$364,285
Jun 1998	0	175,951	11.24	2.24	$393,650
May 1998	0	224,655	12.62	2.21	$495,665
Apr 1998	0	256,130	13.04	2.51	$641,690
Mar 1998	11	331,225	12.80	2.31	$765,085
Feb 1998	5	384,708	13.95	2.30	$884,563
Jan 1998	0	620,699	14.70	2.15	$1,337,476
Dec 1997	21	623,976	16.32	2.41	$1,504,811
Nov 1997	1	125,117	18.19	3.09	$386,412

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.

Apr 2020 — as filed, then multipliedworked

Condensate             0 bbl  × $ 14.75 =         $0
Gas                    9 Mcf  × $  1.80 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/166267 is the state's own key, not one this site invented.