MCGEE OL

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 166614District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Oct 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
344
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 Gas111998-03-06138106
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
CondensateDisposition24,923 bbl$977,701
GasProduction1,010,617 Mcf$4,661,636
Total$5,639,336

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 30.5445, -96.0985. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.54448, -96.09847 · 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
15,645 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 15,645 ft.

Completions filed
Oct 1997
1 of 1 wells

1 well

42-185306272H15,645 ftOct 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 (344)

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

344 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
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 201709845.373.26$320
Apr 2017031847.933.21$1,021
Mar 2017037546.772.98$1,119
Feb 201701,55450.452.95$4,588
Jan 2017039249.413.42$1,340
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160746.193.09$22
Sep 20160741.553.10$22
Aug 201601041.442.92$29
Jul 20160041.622.92$0
Jun 201602845.352.69$75
May 201609742.521.99$193
Apr 201606436.561.99$127
Mar 201601333.011.79$23
Feb 20160026.472.06$0
Jan 2016028527.352.36$674
Dec 20151841,78732.362.00$9,531
Nov 201502,45938.792.17$5,329
Oct 201502,78543.552.43$6,758
Sep 201504,15542.992.76$11,461
Aug 20151824,28140.162.87$19,606
Jul 2015093548.152.95$2,754
Jun 20150056.152.88$0
May 2015023455.212.96$692
Apr 2015057749.822.71$1,562
Mar 2015024042.892.93$704
Feb 2015054044.662.98$1,607
Jan 201501,56043.433.10$4,837
Dec 201401,57354.693.59$5,649
Nov 201402,03270.464.25$8,640
Oct 201402,00578.303.90$7,821
Sep 20141821,73486.164.05$22,696
Aug 201402,11489.394.04$8,530
Jul 201403,40796.564.18$14,240
Jun 201401,73698.164.74$8,223
May 201402,42594.734.73$11,462
Apr 20141942,59595.944.81$31,092
Mar 201402,48095.895.06$12,541
Feb 201402,65197.406.19$16,415
Jan 201402,97290.404.86$14,446
Dec 20131972,79991.824.35$30,277
Nov 201302,89488.853.74$10,819
Oct 201302,95097.423.78$11,149
Sep 201303,003104.113.72$11,164
Aug 20131913,633104.253.52$32,709
Jul 201304,980102.523.72$18,514
Jun 201302,33394.403.93$9,177
May 201303,19094.834.15$13,236
Apr 20131903,23993.964.28$31,724
Mar 201303,83493.623.91$15,002
Feb 201302,04291.233.42$6,983
Jan 20131943,31491.603.42$29,104
Dec 201203,45786.773.42$11,823
Nov 201203,31786.953.62$12,024
Oct 20121753,54889.383.40$27,704
Sep 201204,62594.672.92$13,498
Aug 20121763,87292.662.91$27,569
Jul 201206,76885.133.02$20,445
Jun 201202,71079.822.52$6,827
May 20121853,49091.612.49$25,632
Apr 201205,357101.652.00$10,697
Mar 20121896,148105.052.22$33,516
Feb 20121927,342101.102.57$38,282
Jan 201205,21798.092.73$14,264
Dec 201105,46396.873.24$17,699
Nov 20111934,02995.723.31$31,815
Oct 201105,72084.983.65$20,870
Sep 201105,61883.623.99$22,392
Aug 20111936,76083.404.15$44,146
Jul 201106,55094.144.52$29,588
Jun 20111926,88592.904.64$49,782
May 201107,29798.134.40$32,142
Apr 20111938,274105.964.33$56,304
Mar 201106,63096.364.06$26,900
Feb 201102,49985.644.18$10,446
Jan 201102,65586.504.59$12,183
Dec 20101703,92285.734.35$31,626
Nov 201003,55480.843.80$13,489
Oct 201001,55378.103.51$5,449
Sep 201002,92372.633.98$11,632
Aug 2010082173.684.42$3,628
Jul 2010083772.554.74$3,964
Jun 20101952,64470.364.91$26,703
May 201002,80271.124.24$11,867
Apr 201001,93681.694.12$7,982
Mar 20101931,82378.394.39$23,130
Feb 201001,26173.585.44$6,863
Jan 201003,62574.365.96$21,620
Dec 20091872,08871.445.48$24,809
Nov 200902,07774.593.75$7,792
Oct 200902,49172.544.11$10,239
Sep 20091964,18765.543.06$25,678
Aug 200901,80567.423.22$5,809
Jul 200902,72161.133.46$9,427
Jun 200901,91866.163.90$7,471
May 20092173,80854.743.93$26,828
Apr 200903,91746.773.59$14,052
Mar 20092472,55142.144.06$20,763
Feb 2009162,12332.814.63$10,361
Jan 2009402,53635.865.37$15,055
Dec 20081269837.105.98$4,617
Nov 200819840355.496.86$13,752
Oct 2008232,19175.246.92$16,897
Sep 2008101964101.767.88$17,871
Aug 200817959114.228.48$10,077
Jul 20080257131.0811.39$2,927
Jun 20081862,113131.3313.03$51,965
May 2008332,953123.1711.57$38,243
Apr 200802,522110.3110.45$26,367
Mar 20081782,682101.909.66$44,057
Feb 20082091,78192.538.77$34,959
Jan 2008213,33290.388.21$29,239
Dec 20074115,08488.337.30$73,427
Nov 200754,45391.677.29$32,928
Oct 200705,00582.856.92$34,645
Sep 200705,53175.846.24$34,536
Aug 200704,97469.066.39$31,774
Jul 20071995,14470.906.39$46,969
Jun 200705,31662.007.55$40,128
May 20072175,48058.747.85$55,744
Apr 200705,48459.617.81$42,804
Mar 200704,23456.927.30$30,917
Feb 200704,05855.108.22$33,341
Jan 200704,62550.306.73$31,112
Dec 20061009,86556.656.92$73,915
Nov 200608,35154.207.62$63,614
Oct 200607,88654.906.01$47,425
Sep 2006011,40760.085.04$57,459
Aug 20063529,73068.717.34$95,603
Jul 200614,07569.376.34$25,916
Jun 200602,30166.286.38$14,689
May 200623,00666.016.42$19,446
Apr 20061412,44364.397.36$27,061
Mar 200652,85556.707.08$20,505
Feb 200663,83557.597.75$30,071
Jan 200604,59760.598.93$41,066
Dec 200513,11254.9413.42$41,804
Nov 200521,07354.6910.59$11,471
Oct 20051881,59758.3413.80$33,000
Sep 200501,90461.4512.08$22,998
Aug 20051943,14961.519.80$42,783
Jul 20051973,65755.697.84$39,655
Jun 200514,61952.337.38$34,145
May 2005202,74045.226.65$19,129
Apr 2005163,38449.207.36$25,695
Mar 20052214,10450.377.15$40,495
Feb 2005114,18145.226.31$26,888
Jan 20052076,02743.166.32$47,038
Dec 200402,76839.866.75$18,687
Nov 20042222,19445.286.33$23,941
Oct 2004523,57649.706.52$25,882
Sep 2004225,42943.245.28$29,638
Aug 20041975,33942.375.55$37,982
Jul 2004675,65038.286.08$36,940
Jun 20042056,28936.106.43$47,858
May 200408,27937.486.49$53,769
Apr 20041952,08334.475.86$18,925
Mar 200401,41834.365.53$7,842
Feb 2004075332.455.51$4,149
Jan 200404432.036.30$277
Dec 200307130.266.30$447
Nov 200302,22928.804.60$10,243
Oct 20031996,29028.174.76$35,544
Sep 2003025426.314.75$1,206
Aug 2003027929.765.13$1,431
Jul 200306,82129.415.17$35,270
Jun 200305528.565.98$329
May 2003054826.595.97$3,273
Apr 20031832,74626.675.41$19,729
Mar 20031846,64931.146.10$46,262
Feb 200308833.487.93$697
Jan 200305,93730.315.58$33,141
Dec 200201,93126.914.85$9,373
Nov 200207624.664.14$314
Oct 20022045,70126.464.23$29,508
Sep 2002030527.443.64$1,109
Aug 20021746,07225.963.16$23,730
Jul 200204,55724.583.06$13,952
Jun 20023652,54023.733.34$17,141
May 200203,81124.663.58$13,659
Apr 20021815,91823.653.51$25,067
Mar 200203,28322.003.10$10,186
Feb 20021825,52518.222.38$16,442
Jan 20021743,83817.172.38$12,105
Dec 20011793,59816.932.36$11,538
Nov 200105,43718.072.41$13,079
Oct 20011648,61419.782.53$25,028
Sep 2001011,82324.262.25$26,617
Aug 20011741,81224.873.05$9,860
Jul 20011785,18823.933.20$20,846
Jun 200107,69724.563.82$29,435
May 20013609,90125.524.31$51,834
Apr 20013668,54924.685.34$54,645
Mar 200101,93224.545.38$10,387
Feb 20013604,23727.755.77$34,425
Jan 200118611,04027.478.40$97,832
Dec 200036426,35226.889.12$250,180
Nov 2000010,32932.215.66$58,441
Oct 200036615,17431.235.15$89,508
Sep 200036413,52431.875.19$81,743
Aug 200035517,00929.644.54$87,756
Jul 200008,54128.534.09$34,931
Jun 200035515,53329.304.40$78,704
May 20001815,17427.263.68$23,973
Apr 20003587,56324.513.12$32,341
Mar 200001,10628.422.86$3,163
Feb 2000093027.622.73$2,536
Jan 2000092325.272.48$2,290
Dec 19991701,13424.282.42$6,876
Nov 199901,38223.192.43$3,364
Oct 199901,47420.982.80$4,133
Sep 19991602,05121.752.62$8,851
Aug 199901,17819.262.88$3,387
Jul 199901,15817.892.37$2,747
Jun 1999711,36615.942.36$4,358
May 199901,07815.792.32$2,502
Apr 19991621,45715.102.21$5,663
Mar 199901,55712.471.84$2,862
Feb 199901,7239.981.82$3,132
Jan 19991761,85910.381.90$5,359
Dec 199802,9079.201.77$5,155
Nov 19981873,15810.892.19$8,939
Oct 19981623,18612.421.97$8,286
Sep 19983453,52712.592.08$11,689
Aug 19981813,62211.301.91$8,954
Jul 19981714,66511.742.24$12,444
Jun 19983587,78911.242.24$21,450
May 19986996,78212.622.21$23,785
Apr 19985236,73513.042.51$23,693
Mar 19987049,79512.802.31$31,632
Feb 199854410,64013.952.30$32,052
Jan 19981,07910,90314.702.15$39,355
Dec 19971,09116,55216.322.41$57,714
Nov 19971,80853,18018.193.09$197,121
Oct 19971,07865,39619.253.15$226,737

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 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 45.37 =         $0
Gas                   98 Mcf  × $  3.26 =       $320

────────────────────────────────────────────────────
Month total                                     $320

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/166614 is the state's own key, not one this site invented.