STEEPHOLLOW UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the KURTEN (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168707District 03Field 504246002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Apr 1998 – May 2026
Value, last 12 filed months
$0
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 42 leases and 42 wells, and the rule below applies to all of them.

Discovered
1978-06-14
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1996-11-01.

The Commission's schedule remark for this field reads: THIS FIELD SAME AS KURTEN (BUDA) IN OIL.

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 Gas111998-07-20139025
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
CondensateDisposition92,241 bbl$3,547,467
GasProduction1,041,784 Mcf$3,471,364
Total$7,018,831

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 30.6285, -96.2446. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.62854, -96.24457 · 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
10,947 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 10,947 ft.

Completions filed
Feb 2011
1 of 1 wells

1 well

42-04131916110,947 ftFeb 2011

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 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 20252074.324.28$149
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 20221084.888.16$85
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 202054130.341.86$1,640
Feb 202082049.881.98$4,090
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201901855.302.75$50
Oct 201904853.472.42$116
Sep 2019045255.052.66$1,201
Aug 201918342553.112.30$10,698
Jul 201918817956.272.46$11,019
Jun 2019028052.782.49$698
May 2019048258.482.74$1,321
Apr 2019056462.632.75$1,551
Mar 201918458556.803.06$12,243
Feb 2019045050.852.79$1,257
Jan 201918652946.033.23$10,269
Dec 2018046146.594.19$1,929
Nov 2018057752.934.24$2,445
Oct 2018049761.443.40$1,689
Sep 201818851959.543.11$12,807
Aug 2018059259.403.07$1,815
Jul 201818248465.142.93$13,275
Jun 2018046560.183.08$1,431
May 2018050265.382.90$1,456
Apr 201819047963.842.90$13,519
Mar 2018060961.222.79$1,697
Feb 2018063861.782.77$1,765
Jan 201817858562.874.01$13,536
Dec 2017056357.272.92$1,645
Nov 201718952355.423.12$12,105
Oct 2017062049.292.98$1,850
Sep 201719059447.523.09$10,863
Aug 2017046745.373.00$1,403
Jul 2017038743.873.09$1,195
Jun 2017021942.493.09$676
May 2017031845.373.26$1,038
Apr 2017036247.933.21$1,163
Mar 2017037046.772.98$1,104
Feb 2017032350.452.95$954
Jan 2017031849.413.42$1,087
Dec 201613731148.763.72$7,838
Nov 2016042342.492.64$1,119
Oct 2016057146.193.09$1,765
Sep 2016060741.553.10$1,882
Aug 2016079141.442.92$2,313
Jul 2016063741.622.92$1,863
Jun 2016055145.352.69$1,480
May 2016021242.521.99$422
Apr 2016070036.561.99$1,394
Mar 2016086933.011.79$1,559
Feb 20161931,27726.472.06$7,744
Jan 20161911,09427.352.36$7,810
Dec 201518874232.362.00$7,569
Nov 201518052638.792.17$8,122
Oct 2015079543.552.43$1,929
Sep 201518470242.992.76$9,847
Aug 20151871,11440.162.87$10,710
Jul 2015066048.152.95$1,944
Jun 2015072656.152.88$2,093
May 201519240055.212.96$11,783
Apr 2015058749.822.71$1,589
Mar 201518979842.892.93$10,448
Feb 2015066044.662.98$1,964
Jan 201518175043.433.10$10,186
Dec 2014067954.693.59$2,439
Nov 201419636370.464.25$15,354
Oct 2014015678.303.90$609
Sep 201418136986.164.05$17,088
Aug 2014062089.394.04$2,502
Jul 201418773996.564.18$21,145
Jun 2014081898.164.74$3,875
May 201418995094.734.73$22,394
Apr 20141911,35195.944.81$24,822
Mar 201401,48195.895.06$7,489
Feb 20141931,13897.406.19$25,845
Jan 20141971,23490.404.86$23,807
Dec 20131931,30491.824.35$23,400
Nov 201301,21988.853.74$4,557
Oct 20131821,37797.423.78$22,935
Sep 20131901,288104.113.72$24,569
Aug 201301,337104.253.52$4,710
Jul 20131841,408102.523.72$24,098
Jun 20131891,28394.403.93$22,888
May 201301,34594.834.15$5,581
Apr 20131871,26593.964.28$22,988
Mar 20131901,56993.623.91$23,927
Feb 201319040491.233.42$18,715
Jan 201301,37291.603.42$4,692
Dec 20121921,52786.773.42$21,882
Nov 20121891,58186.953.62$22,165
Oct 20121881,68589.383.40$22,532
Sep 20121871,88694.672.92$23,207
Aug 20121901,95292.662.91$23,282
Jul 20121892,02085.133.02$22,192
Jun 20121912,17679.822.52$20,727
May 20121912,36491.612.49$23,380
Apr 20121871,170101.652.00$21,345
Mar 20121932,067105.052.22$24,868
Feb 20121972,507101.102.57$26,360
Jan 20121953,03998.092.73$27,436
Dec 20113832,82596.873.24$46,253
Nov 20111942,88595.723.31$28,123
Oct 20113813,31384.983.65$44,465
Sep 20111933,38183.623.99$29,615
Aug 20113843,29583.404.15$45,698
Jul 20113832,35594.144.52$46,694
Jun 20113813,10592.904.64$49,802
May 20113862,20998.134.40$47,608
Apr 20113831,564105.964.33$47,360
Mar 2011092096.364.06$3,733
Feb 20111847085.644.18$16,050
Jan 20111911,44486.504.59$23,148
Dec 20101922,45685.734.35$27,138
Nov 20103802,00780.843.80$38,336
Oct 20105793,17178.103.51$56,347
Sep 20105753,13372.633.98$54,230
Aug 20103833,70373.684.42$44,584
Jul 20107584,55872.554.74$76,582
Jun 20102,2906,30070.364.91$192,060
May 20101,1466,69671.124.24$109,863
Apr 20101,62124,31381.694.12$232,654
Mar 20101,5386,98078.394.39$151,197
Feb 20101,9159,04473.585.44$190,126
Jan 20103,75613,08674.365.96$357,342
Dec 20093,0857,75171.445.48$262,897
Nov 20090074.593.75$0
Oct 200915417872.544.11$11,903
Sep 2009045765.543.06$1,401
Aug 200918948067.423.22$14,287
Jul 2009082561.133.46$2,858
Jun 200918170266.163.90$14,709
May 2009076654.743.93$3,007
Apr 2009032046.773.59$1,148
Mar 200919362442.144.06$10,666
Feb 2009065532.814.63$3,035
Jan 200918263735.865.37$9,948
Dec 2008082837.105.98$4,949
Nov 2008098155.496.86$6,730
Oct 20081801,04975.246.92$20,804
Sep 20080565101.767.88$4,451
Aug 2008180940114.228.48$28,534
Jul 20080834131.0811.39$9,499
Jun 2008180960131.3313.03$36,151
May 20080693123.1711.57$8,021
Apr 20081821,275110.3110.45$33,406
Mar 200801,475101.909.66$14,255
Feb 2008019292.538.77$1,684
Jan 200818270990.388.21$22,267
Dec 200701,34788.337.30$9,836
Nov 200718071191.677.29$21,685
Oct 2007085782.856.92$5,932
Sep 2007059575.846.24$3,715
Aug 2007090369.066.39$5,768
Jul 20071791,05070.906.39$19,398
Jun 200701,20862.007.55$9,119
May 20071781,34258.747.85$20,985
Apr 2007159559.617.81$4,704
Mar 200701,00356.927.30$7,324
Feb 200718298955.108.22$18,154
Jan 200751,04050.306.73$7,247
Dec 20061851,09056.656.92$18,021
Nov 200611,09654.207.62$8,403
Oct 200601,32254.906.01$7,950
Sep 20062351,43360.085.04$21,337
Aug 200601,73668.717.34$12,742
Jul 20061721,94569.376.34$24,268
Jun 20061802,31666.286.38$26,715
May 20063542,03566.016.42$36,442
Apr 20061842,43864.397.36$29,793
Mar 20061872,64556.707.08$29,337
Feb 200601,92257.597.75$14,898
Jan 20061822,18760.598.93$30,565
Dec 200501,07854.9413.42$14,462
Nov 2005051154.6910.59$5,411
Oct 200502,09058.3413.80$28,833
Sep 2005188661.4512.08$10,763
Aug 200501,42461.519.80$13,951
Jul 2005031655.697.84$2,479
Jun 200501,33952.337.38$9,883
May 20051811,18845.226.65$16,086
Apr 20051811,33349.207.36$18,717
Mar 200511,59050.377.15$11,427
Feb 20053671,59545.226.31$26,663
Jan 200501,98543.166.32$12,550
Dec 20041651,80239.866.75$18,742
Nov 200401,30145.286.33$8,236
Oct 200401,42649.706.52$9,291
Sep 200401,26043.245.28$6,658
Aug 20041811,21642.375.55$14,419
Jul 200401,66638.286.08$10,136
Jun 20041731,27736.106.43$14,460
May 2004087737.486.49$5,696
Apr 20041751,56934.475.86$15,224
Mar 20041881,65534.365.53$15,612
Feb 200402,40432.455.51$13,245
Jan 20041832,40132.036.30$20,987
Dec 20033722,79430.266.30$28,864
Nov 20031832,36028.804.60$16,115
Oct 200361,79928.174.76$8,732
Sep 200342,33826.314.75$11,209
Aug 20031875,14429.765.13$31,952
Jul 20031854,81429.415.17$30,333
Jun 200342,59328.565.98$15,628
May 20031792,42126.595.97$19,219
Apr 20031972,92026.675.41$21,043
Mar 20033511,26331.146.10$18,629
Feb 200302,53233.487.93$20,068
Jan 200383,17730.315.58$17,977
Dec 20022002,70926.914.85$18,531
Nov 20021892,85124.664.14$16,455
Oct 20021823,73626.464.23$20,616
Sep 20023483,37627.443.64$21,822
Aug 20021874,38725.963.16$18,736
Jul 20021914,20724.583.06$17,576
Jun 20021794,11823.733.34$17,995
May 20021814,27424.663.58$19,781
Apr 20021844,38623.653.51$19,757
Mar 20021784,77222.003.10$18,722
Feb 20021833,56418.222.38$11,801
Jan 20023522,90417.172.38$12,943
Dec 20013473,23416.932.36$13,521
Nov 200104,22318.072.41$10,159
Oct 20013563,78819.782.53$16,621
Sep 20011894,50324.262.25$14,723
Aug 20011764,59024.873.05$18,391
Jul 20017044,67423.933.20$31,790
Jun 200102,35724.563.82$9,014
May 200102,47125.524.31$10,643
Apr 20011844,88424.685.34$30,599
Mar 20015475,92424.545.38$45,273
Feb 200105,24527.755.77$30,248
Jan 20011865,28127.478.40$49,463
Dec 20003554,01726.889.12$46,187
Nov 20001874,62032.215.66$32,163
Oct 20001856,66331.235.15$40,062
Sep 20003608,41631.875.19$55,123
Aug 20005436,93029.644.54$47,562
Jul 20003597,44128.534.09$40,674
Jun 20007347,74929.304.40$55,580
May 200007227.263.68$265
Apr 200018850224.513.12$6,172
Mar 20003561,86328.422.86$15,445
Feb 20003606,43827.622.73$27,496
Jan 200001,12425.272.48$2,788
Dec 19997326,31724.282.42$33,084
Nov 19991858,22623.192.43$24,312
Oct 19997369,07620.982.80$40,888
Sep 19993726,22021.752.62$24,380
Aug 19997427,59019.262.88$36,117
Jul 19993557,61217.892.37$24,409
Jun 199972910,83715.942.36$37,218
May 199954412,95215.792.32$38,652
Apr 199974514,36815.102.21$42,975
Mar 199993716,61412.471.84$42,226
Feb 199994215,8259.981.82$38,168
Jan 19991,28621,78510.381.90$54,739
Dec 19981,29725,3019.201.77$56,799
Nov 19981,49026,80710.892.19$74,819
Oct 19982,02735,01212.421.97$94,121
Sep 19982,35445,30412.592.08$123,988
Aug 19984,46160,65511.301.91$166,100
Jul 19988,35391,70311.742.24$303,229
Jun 19987,31374,33211.242.24$248,499
May 19989,06170,76312.622.21$270,477
Apr 19984222,30313.042.51$11,273

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.

Jan 2025 — as filed, then multipliedworked
Condensate             2 bbl  × $ 74.32 =       $149
Gas                    0 Mcf  × $  4.28 =         $0

────────────────────────────────────────────────────
Month total                                     $149

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/168707 is the state's own key, not one this site invented.