KIMICH

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 168000District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.6 M
Apr 1998 – May 2026
Value, last 12 filed months
$150 k
at the published price for each month
Months reported
338
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 Gas111998-06-15138722
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
CondensateDisposition46 bbl$1,382
GasProduction4,872,961 Mcf$18,646,931
Total$18,648,313

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 30.4772, -95.9083. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.47720, -95.90827 · 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
18,464 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 18,464 ft.

Completions filed
Apr 1998
1 of 1 wells

1 well

42-18530634118,464 ftApr 1998

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 (338)

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

338 months

May 202633,547106.413.05$11,123
Apr 202603,63098.932.87$10,417
Mar 202603,89989.753.15$12,280
Feb 202601,02663.503.75$3,848
Jan 202612,81959.138.00$22,605
Dec 202503,47256.664.41$15,323
Nov 202513,62958.593.93$14,308
Oct 202503,64259.383.30$12,036
Sep 202503,64662.743.08$11,218
Aug 202503,86263.933.01$11,643
Jul 202503,92066.743.32$12,996
Jun 202503,80666.483.13$11,908
May 202503,35560.553.23$10,844
Apr 202513,45062.363.54$12,286
Mar 202503,26067.704.27$13,915
Feb 202503,70270.884.34$16,070
Jan 202503,72774.324.28$15,947
Dec 202403,76168.993.12$11,739
Nov 202403,71569.052.20$8,167
Oct 202403,48671.372.28$7,953
Sep 202403,47269.612.36$8,209
Aug 202443,71475.632.06$7,967
Jul 202403,86579.932.15$8,297
Jun 202404,85378.082.63$12,783
May 2024013578.812.20$297
Apr 202404,09384.451.66$6,791
Mar 202404,36780.301.55$6,748
Feb 202407,40176.091.78$13,201
Jan 202407,65973.023.30$25,257
Dec 202306,95871.262.61$18,165
Nov 202303,46777.892.81$9,734
Oct 202303,69985.443.09$11,420
Sep 202303,77389.042.74$10,319
Aug 202303,77980.522.67$10,101
Jul 202304,03374.852.64$10,654
Jun 202303,80368.962.26$8,589
May 202303,93370.622.23$8,760
Apr 202303,82278.122.24$8,553
Mar 202303,80772.852.39$9,111
Feb 202303,51875.112.47$8,674
Jan 202303,74976.533.39$12,701
Dec 202203,45076.415.73$19,765
Nov 202203,66885.005.65$20,710
Oct 202203,70487.185.86$21,719
Sep 202203,52884.888.16$28,801
Aug 202204,29394.529.13$39,183
Jul 202204,448101.587.54$33,547
Jun 202203,971115.097.98$31,677
May 202204,368109.378.43$36,836
Apr 202204,369104.226.84$29,873
Mar 202204,860108.885.08$24,671
Feb 202204,18791.054.86$20,344
Jan 202203,40581.844.54$15,451
Dec 202101,93371.323.90$7,537
Nov 202104,10377.435.24$21,487
Oct 202104,44579.795.71$25,398
Sep 202104,36869.865.35$23,373
Aug 202104,05866.024.22$17,127
Jul 202104,17270.783.98$16,613
Jun 202104,31269.493.38$14,577
May 202104,62463.483.02$13,954
Apr 202103,60260.362.76$9,936
Mar 202104,56761.302.72$12,408
Feb 202103,64657.805.55$20,228
Jan 202104,66950.412.81$13,121
Dec 202004,72344.642.68$12,636
Nov 202004,69338.772.71$12,702
Oct 202004,55536.972.48$11,289
Sep 202004,78237.091.99$9,521
Aug 202004,94739.982.39$11,799
Jul 202005,15538.371.83$9,408
Jun 202004,31534.901.69$7,294
May 202004,35116.921.81$7,896
Apr 202003,73914.751.80$6,747
Mar 202004,18830.341.86$7,774
Feb 202004,38049.881.98$8,675
Jan 202004,68157.252.09$9,805
Dec 201904,98459.012.30$11,485
Nov 201904,82355.302.75$13,267
Oct 201905,04753.472.42$12,206
Sep 201905,04855.052.66$13,414
Aug 201905,39853.112.30$12,439
Jul 201905,62756.272.46$13,843
Jun 201905,08352.782.49$12,663
May 201905,89258.482.74$16,146
Apr 201905,98462.632.75$16,460
Mar 201906,58656.803.06$20,167
Feb 201906,25450.852.79$17,463
Jan 201907,85146.033.23$25,344
Dec 201804,34146.594.19$18,169
Nov 201801,68052.934.24$7,119
Oct 201803,09561.443.40$10,517
Sep 2018076759.543.11$2,384
Aug 2018069559.403.07$2,131
Jul 201801,44865.142.93$4,245
Jun 201801,33860.183.08$4,117
May 201801,29365.382.90$3,751
Apr 201801,81163.842.90$5,253
Mar 201801,31961.222.79$3,676
Feb 201801,34461.782.77$3,718
Jan 201801,75862.874.01$7,048
Dec 201701,92357.272.92$5,618
Nov 2017081555.423.12$2,541
Oct 201701,02849.292.98$3,067
Sep 201701,15747.523.09$3,572
Aug 201702,29545.373.00$6,895
Jul 201702,07143.873.09$6,394
Jun 201701,55342.493.09$4,795
May 201703,04845.373.26$9,947
Apr 201703,06347.933.21$9,837
Mar 201702,87946.772.98$8,590
Feb 201705250.452.95$154
Jan 201706,06949.413.42$20,749
Dec 201605,76648.763.72$21,466
Nov 201606,08842.492.64$16,099
Oct 201604,50746.193.09$13,928
Sep 201605,31241.553.10$16,471
Aug 201605,79241.442.92$16,938
Jul 201605,86941.622.92$17,163
Jun 201605,43345.352.69$14,592
May 201605,61342.521.99$11,176
Apr 201605,69036.561.99$11,329
Mar 201606,16833.011.79$11,065
Feb 201604,80026.472.06$9,905
Jan 201605,76527.352.36$13,631
Dec 201505,52132.362.00$11,050
Nov 201505,70638.792.17$12,367
Oct 201506,32443.552.43$15,346
Sep 201505,31742.992.76$14,667
Aug 201505,67640.162.87$16,304
Jul 201506,45948.152.95$19,022
Jun 201505,91756.152.88$17,058
May 201505,89255.212.96$17,414
Apr 201506,10049.822.71$16,510
Mar 201506,22142.892.93$18,257
Feb 201505,82944.662.98$17,348
Jan 201505,61543.433.10$17,410
Dec 201406,13854.693.59$22,044
Nov 201404,95170.464.25$21,051
Oct 201403,03078.303.90$11,820
Sep 201402,42886.164.05$9,822
Aug 201402,63689.394.04$10,637
Jul 201404,19296.564.18$17,521
Jun 201406,08398.164.74$28,814
May 201406,20894.734.73$29,342
Apr 201406,65195.944.81$31,985
Mar 201406,79295.895.06$34,346
Feb 201406,16597.406.19$38,174
Jan 201406,07590.404.86$29,529
Dec 201306,99891.824.35$30,473
Nov 201306,53988.853.74$24,445
Oct 201306,63097.423.78$25,057
Sep 201306,691104.113.72$24,875
Aug 201306,657104.253.52$23,450
Jul 201306,837102.523.72$25,418
Jun 201306,93294.403.93$27,266
May 201307,65694.834.15$31,765
Apr 201306,12293.964.28$26,218
Mar 201305,65493.623.91$22,123
Feb 201306,02291.233.42$20,595
Jan 201307,06591.603.42$24,162
Dec 201207,47486.773.42$25,562
Nov 201207,18486.953.62$26,042
Oct 201207,01889.383.40$23,859
Sep 201206,98294.672.92$20,376
Aug 201205,76692.662.91$16,768
Jul 201207,00685.133.02$21,164
Jun 201206,70479.822.52$16,888
May 201206,94291.612.49$17,274
Apr 201207,713101.652.00$15,401
Mar 201207,927105.052.22$17,614
Feb 201207,846101.102.57$20,166
Jan 201207,31798.092.73$20,005
Dec 201107,70696.873.24$24,965
Nov 201107,41995.723.31$24,566
Oct 201108,28384.983.65$30,221
Sep 201108,00983.623.99$31,922
Aug 201108,14783.404.15$33,805
Jul 201108,33894.144.52$37,665
Jun 201108,71792.904.64$40,446
May 201109,21398.134.40$40,582
Apr 201109,215105.964.33$39,931
Mar 201108,80396.364.06$35,717
Feb 201103,83685.644.18$16,034
Jan 201106,57086.504.59$30,148
Dec 201006,62985.734.35$28,821
Nov 201006,79080.843.80$25,770
Oct 201005,97078.103.51$20,948
Sep 201002,75772.633.98$10,971
Aug 201004,08173.684.42$18,035
Jul 201004,32372.554.74$20,476
Jun 201009,34070.364.91$45,863
May 201008,81971.124.24$37,350
Apr 201009,30081.694.12$38,341
Mar 2010010,79178.394.39$47,358
Feb 201008,92373.585.44$48,562
Jan 2010011,59274.365.96$69,136
Dec 200907,16171.445.48$39,269
Nov 200904,53174.593.75$16,998
Oct 200904,03172.544.11$16,568
Sep 200904,25565.543.06$13,041
Aug 200907,60167.423.22$24,464
Jul 200906,52261.133.46$22,595
Jun 200908,40566.163.90$32,737
May 200908,93054.743.93$35,057
Apr 200907,61546.773.59$27,319
Mar 200909,87342.144.06$40,075
Feb 200908,86132.814.63$41,053
Jan 2009011,15535.865.37$59,914
Dec 200808,15037.105.98$48,714
Nov 2008010,18055.496.86$69,838
Oct 2008010,40475.246.92$72,016
Sep 200808,370101.767.88$65,931
Aug 2008010,233114.228.48$86,807
Jul 2008010,053131.0811.39$114,498
Jun 2008010,912131.3313.03$142,212
May 2008010,832123.1711.57$125,373
Apr 200808,826110.3110.45$92,275
Mar 200808,047101.909.66$77,767
Feb 200809,81492.538.77$86,074
Jan 2008011,29290.388.21$92,659
Dec 2007010,02788.337.30$73,217
Nov 200707,05391.677.29$51,428
Oct 2007010,41682.856.92$72,099
Sep 2007011,70275.846.24$73,069
Aug 200709,81269.066.39$62,678
Jul 200709,90170.906.39$63,247
Jun 2007010,81662.007.55$81,644
May 2007011,02858.747.85$86,529
Apr 2007011,46959.617.81$89,518
Mar 2007011,75856.927.30$85,857
Feb 2007010,71855.108.22$88,059
Jan 2007012,78050.306.73$85,969
Dec 2006013,64556.656.92$94,402
Nov 2006011,29554.207.62$86,039
Oct 2006011,11054.906.01$66,813
Sep 200609,09960.085.04$45,833
Aug 2006012,16168.717.34$89,261
Jul 200608,53169.376.34$54,110
Jun 2006011,35266.286.38$72,470
May 2006013,03666.016.42$83,756
Apr 2006013,52164.397.36$99,521
Mar 2006014,55956.707.08$103,120
Feb 2006013,88957.597.75$107,655
Jan 2006015,48860.598.93$138,359
Dec 2005016,35454.9413.42$219,395
Nov 2005014,93754.6910.59$158,159
Oct 2005012,68058.3413.80$174,930
Sep 2005012,29561.4512.08$148,511
Aug 2005012,77461.519.80$125,145
Jul 2005011,72555.697.84$91,967
Jun 2005012,63052.337.38$93,223
May 2005012,61245.226.65$83,884
Apr 2005013,15649.207.36$96,834
Mar 2005013,40650.377.15$95,918
Feb 2005011,71645.226.31$73,950
Jan 2005014,33943.166.32$90,654
Dec 2004013,31139.866.75$89,864
Nov 2004013,83645.286.33$87,588
Oct 2004014,34949.706.52$93,485
Sep 2004014,50843.245.28$76,659
Aug 2004013,10742.375.55$72,753
Jul 2004013,91438.286.08$84,655
Jun 2004014,13636.106.43$90,937
May 2004015,17737.486.49$98,568
Apr 2004013,26334.475.86$77,701
Mar 2004013,72534.365.53$75,901
Feb 2004014,91832.455.51$82,193
Jan 2004018,58132.036.30$117,054
Dec 2003012,85730.266.30$81,020
Nov 2003016,90928.804.60$77,700
Oct 2003018,72028.174.76$89,100
Sep 2003017,53826.314.75$83,294
Aug 2003018,12929.765.13$92,997
Jul 2003016,02829.415.17$82,878
Jun 2003022,31428.565.98$133,504
May 2003019,17426.595.97$114,520
Apr 2003017,65026.675.41$95,438
Mar 2003022,35331.146.10$136,265
Feb 2003016,51933.487.93$130,928
Jan 2003018,04630.315.58$100,733
Dec 2002019,52026.914.85$94,745
Nov 2002021,02724.664.14$86,988
Oct 2002018,23426.464.23$77,114
Sep 2002018,05127.443.64$65,619
Aug 2002022,12425.963.16$70,004
Jul 2002017,11024.583.06$52,387
Jun 2002020,91023.733.34$69,803
May 2002022,07324.663.58$79,110
Apr 2002020,70723.653.51$72,730
Mar 2002022,37722.003.10$69,430
Feb 2002017,38418.222.38$41,299
Jan 2002015,41317.172.38$36,616
Dec 2001018,23016.932.36$43,103
Nov 2001019,18918.072.41$46,160
Oct 2001034,99019.782.53$88,486
Sep 2001029,41824.262.25$66,229
Aug 2001022,23424.873.05$67,884
Jul 2001028,89623.933.20$92,383
Jun 2001026,08224.563.82$99,742
May 2001026,87125.524.31$115,742
Apr 2001028,85424.685.34$153,945
Mar 2001032,16824.545.38$172,949
Feb 2001024,17927.755.77$139,442
Jan 2001018,31327.478.40$153,806
Dec 2000035,40526.889.12$322,982
Nov 2000036,80432.215.66$208,237
Oct 2000020,91831.235.15$107,634
Sep 2000022,30231.875.19$115,669
Aug 2000226,52129.644.54$120,485
Jul 2000025,87828.534.09$105,835
Jun 2000128,49129.304.40$125,311
May 2000031,00827.263.68$114,102
Apr 2000025,28824.513.12$78,797
Mar 2000132,90228.422.86$94,120
Feb 2000029,25327.622.73$79,758
Jan 2000247,48425.272.48$117,835
Dec 1999016,16824.282.42$39,187
Nov 1999234,63123.192.43$84,338
Oct 1999030,70220.982.80$86,080
Sep 1999138,60321.752.62$101,117
Aug 1999342,43619.262.88$122,087
Jul 1999043,45917.892.37$103,101
Jun 1999250,37515.942.36$119,023
May 1999253,42015.792.32$124,020
Apr 1999061,83715.102.21$136,539
Mar 1999316,80712.471.84$30,934
Feb 1999051,4319.981.82$93,491
Jan 1999367,71310.381.90$128,682
Dec 1998577,2039.201.77$136,952
Nov 1998182,65910.892.19$180,680
Oct 1998280,12912.421.97$157,816
Sep 1998382,03112.592.08$170,877
Aug 19981103,06211.301.91$196,587
Jul 19981124,36511.742.24$278,250
Jun 19980150,28711.242.24$336,233
May 19981241,45512.622.21$532,744
Apr 19980516,76113.042.51$1,294,657

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             3 bbl  × $106.41 =       $319
Gas                3,547 Mcf  × $  3.05 =    $10,804

────────────────────────────────────────────────────
Month total                                  $11,123

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/168000 is the state's own key, not one this site invented.