SEIDEL UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 169528District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.7 M
Jul 1998 – May 2026
Value, last 12 filed months
$75 k
at the published price for each month
Months reported
335
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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and 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 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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 Gas111998-12-07139399
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
CondensateDisposition37 bbl$1,514
GasProduction5,973,789 Mcf$21,683,988
Total$21,685,502

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 30.1342, -96.4428. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.13423, -96.44276 · 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
17,780 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 17,780 ft.

Completions filed
Nov 1998
1 of 1 wells

1 well

42-47730859117,780 ftNov 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 (335)

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

335 months

May 20260492106.413.05$1,499
Apr 2026047898.932.87$1,372
Mar 2026050789.753.15$1,597
Feb 202601,52363.503.75$5,712
Jan 202602,04259.138.00$16,332
Dec 202501,89056.664.41$8,341
Nov 202501,85858.593.93$7,295
Oct 202501,92159.383.30$6,349
Sep 202501,95262.743.08$6,006
Aug 202501,95363.933.01$5,888
Jul 202502,16666.743.32$7,181
Jun 202502,28866.483.13$7,159
May 202502,39660.553.23$7,745
Apr 202502,48362.363.54$8,798
Mar 202502,81567.704.27$12,015
Feb 202502,83770.884.34$12,315
Jan 202503,77574.324.28$16,152
Dec 20240068.993.12$0
Nov 2024058669.052.20$1,288
Oct 202402,34971.372.28$5,359
Sep 202402,22069.612.36$5,249
Aug 202402,39075.632.06$4,932
Jul 202402,49079.932.15$5,345
Jun 202402,34278.082.63$6,169
May 202402,61878.812.20$5,756
Apr 202401,84284.451.66$3,056
Mar 202401,96980.301.55$3,042
Feb 202402,27676.091.78$4,060
Jan 202402,39873.023.30$7,908
Dec 202302,65071.262.61$6,918
Nov 202302,53577.892.81$7,117
Oct 202302,72385.443.09$8,407
Sep 202302,58289.042.74$7,062
Aug 202302,69280.522.67$7,195
Jul 202302,73374.852.64$7,220
Jun 202312,70668.962.26$6,180
May 202302,62670.622.23$5,849
Apr 202302,62878.122.24$5,881
Mar 202302,90072.852.39$6,940
Feb 202302,71975.112.47$6,704
Jan 202303,31476.533.39$11,227
Dec 202203,08076.415.73$17,646
Nov 202203,35285.005.65$18,926
Oct 202203,55387.185.86$20,834
Sep 202203,71584.888.16$30,328
Aug 202204,08994.529.13$37,321
Jul 202205,306101.587.54$40,018
Jun 202204,864115.097.98$38,801
May 202201,606109.378.43$13,543
Apr 20220643104.226.84$4,397
Mar 20220637108.885.08$3,234
Feb 2022067891.054.86$3,294
Jan 2022071781.844.54$3,254
Dec 2021078571.323.90$3,061
Nov 2021096577.435.24$5,054
Oct 202101,03879.795.71$5,931
Sep 202101,25269.865.35$6,699
Aug 202101,22866.024.22$5,183
Jul 2021067270.783.98$2,676
Jun 2021069169.493.38$2,336
May 2021052663.483.02$1,587
Apr 2021061560.362.76$1,696
Mar 2021063861.302.72$1,733
Feb 2021066257.805.55$3,673
Jan 2021092150.412.81$2,588
Dec 2020076644.642.68$2,049
Nov 2020076138.772.71$2,060
Oct 2020080836.972.48$2,003
Sep 2020086037.091.99$1,712
Aug 202001,01839.982.39$2,428
Jul 202001,25338.371.83$2,287
Jun 2020095234.901.69$1,609
May 20200016.921.81$0
Apr 2020020014.751.80$361
Mar 2020066930.341.86$1,242
Feb 2020044649.881.98$883
Jan 2020071457.252.09$1,496
Dec 201902,41159.012.30$5,556
Nov 201902,01755.302.75$5,548
Oct 201902,01053.472.42$4,861
Sep 201902,16055.052.66$5,740
Aug 201902,68653.112.30$6,190
Jul 201902,86256.272.46$7,041
Jun 201902,60652.782.49$6,492
May 201902,78058.482.74$7,618
Apr 201902,75962.632.75$7,589
Mar 201902,83356.803.06$8,675
Feb 201902,97950.852.79$8,318
Jan 201902,97546.033.23$9,604
Dec 201802,50246.594.19$10,472
Nov 201802,82152.934.24$11,953
Oct 201802,99561.443.40$10,177
Sep 201802,85459.543.11$8,870
Aug 201802,95559.403.07$9,062
Jul 201802,99565.142.93$8,781
Jun 201802,84160.183.08$8,742
May 201803,29365.382.90$9,552
Apr 201803,53363.842.90$10,249
Mar 201803,37661.222.79$9,408
Feb 201802,10461.782.77$5,820
Jan 201803,08162.874.01$12,353
Dec 201703,87857.272.92$11,330
Nov 201702,80555.423.12$8,747
Oct 201703,26549.292.98$9,742
Sep 201703,83147.523.09$11,827
Aug 201702,60645.373.00$7,829
Jul 201703,17643.873.09$9,805
Jun 201703,18742.493.09$9,839
May 201703,54645.373.26$11,572
Apr 201703,37047.933.21$10,823
Mar 201703,68146.772.98$10,983
Feb 2017098350.452.95$2,902
Jan 201703,78249.413.42$12,930
Dec 201603,50548.763.72$13,049
Nov 201603,37042.492.64$8,911
Oct 201604,07746.193.09$12,599
Sep 201603,73841.553.10$11,590
Aug 201603,89841.442.92$11,399
Jul 201603,57441.622.92$10,452
Jun 201603,24545.352.69$8,716
May 201603,79042.521.99$7,546
Apr 201604,38436.561.99$8,729
Mar 201604,29533.011.79$7,705
Feb 201604,07526.472.06$8,409
Jan 201605,58927.352.36$13,214
Dec 201504,10632.362.00$8,218
Nov 201501,34238.792.17$2,909
Oct 201501,55243.552.43$3,766
Sep 201501,74642.992.76$4,816
Aug 201501,97440.162.87$5,670
Jul 201502,38348.152.95$7,018
Jun 201502,71556.152.88$7,827
May 201503,04555.212.96$8,999
Apr 201502,63149.822.71$7,121
Mar 201503,93642.892.93$11,551
Feb 201502,13844.662.98$6,363
Jan 201502,49043.433.10$7,721
Dec 201403,01954.693.59$10,842
Nov 201402,94070.464.25$12,500
Oct 201402,46978.303.90$9,631
Sep 201403,29486.164.05$13,326
Aug 201403,62289.394.04$14,615
Jul 201403,14496.564.18$13,141
Jun 201402,63998.164.74$12,501
May 201402,00794.734.73$9,486
Apr 201401,58395.944.81$7,613
Mar 201401,92095.895.06$9,709
Feb 201401,47097.406.19$9,102
Jan 201402,11190.404.86$10,261
Dec 201302,21891.824.35$9,658
Nov 201303,48988.853.74$13,043
Oct 201304,54897.423.78$17,189
Sep 201303,809104.113.72$14,161
Aug 201304,102104.253.52$14,450
Jul 201305,098102.523.72$18,953
Jun 201302,63294.403.93$10,353
May 201302,57994.834.15$10,700
Apr 201303,83293.964.28$16,411
Mar 201304,17693.623.91$16,340
Feb 201302,76791.233.42$9,463
Jan 201303,76091.603.42$12,859
Dec 201203,50886.773.42$11,998
Nov 201204,03486.953.62$14,623
Oct 201204,12089.383.40$14,007
Sep 201204,41794.672.92$12,891
Aug 201204,45792.662.91$12,962
Jul 201203,86085.133.02$11,660
Jun 201203,86079.822.52$9,723
May 201203,89091.612.49$9,680
Apr 201204,084101.652.00$8,155
Mar 201204,065105.052.22$9,033
Feb 201204,027101.102.57$10,350
Jan 201204,89598.092.73$13,383
Dec 201105,71896.873.24$18,525
Nov 201106,51795.723.31$21,580
Oct 201102,94784.983.65$10,752
Sep 201102,58483.623.99$10,299
Aug 201103,39983.404.15$14,104
Jul 201104,86394.144.52$21,967
Jun 201105,75992.904.64$26,721
May 201105,56298.134.40$24,500
Apr 201105,785105.964.33$25,068
Mar 201107,33396.364.06$29,752
Feb 201107,35385.644.18$30,735
Jan 201107,06986.504.59$32,438
Dec 201004,34985.734.35$18,908
Nov 201005,02180.843.80$19,056
Oct 201003,14178.103.51$11,021
Sep 201004,24372.633.98$16,885
Aug 201004,58073.684.42$20,241
Jul 201004,61272.554.74$21,845
Jun 201005,75570.364.91$28,259
May 201005,69671.124.24$24,124
Apr 201005,67581.694.12$23,396
Mar 201004,38378.394.39$19,236
Feb 201005,16573.585.44$28,110
Jan 201006,19374.365.96$36,936
Dec 200905,64971.445.48$30,978
Nov 200905,97674.593.75$22,419
Oct 200905,67372.544.11$23,317
Sep 200905,39265.543.06$16,525
Aug 200905,07667.423.22$16,337
Jul 200906,28661.133.46$21,778
Jun 200902,62766.163.90$10,232
May 200903,86954.743.93$15,189
Apr 200903,96346.773.59$14,217
Mar 200905,06642.144.06$20,563
Feb 200907,50632.814.63$34,775
Jan 200907,65335.865.37$41,104
Dec 200807,43737.105.98$44,452
Nov 200806,36555.496.86$43,666
Oct 200806,75675.246.92$46,765
Sep 200807,275101.767.88$57,306
Aug 200805,973114.228.48$50,669
Jul 200809,254131.0811.39$105,398
Jun 200808,744131.3313.03$113,957
May 2008010,255123.1711.57$118,694
Apr 200807,933110.3110.45$82,938
Mar 200807,213101.909.66$69,707
Feb 200807,80792.538.77$68,472
Jan 200808,32790.388.21$68,329
Dec 2007010,38288.337.30$75,809
Nov 200705,46791.677.29$39,864
Oct 200707,81982.856.92$54,123
Sep 200709,93075.846.24$62,005
Aug 200708,27069.066.39$52,828
Jul 200707,99270.906.39$51,052
Jun 200708,47262.007.55$63,950
May 200709,61258.747.85$75,418
Apr 200718,69559.617.81$67,926
Mar 2007010,86256.927.30$79,314
Feb 2007010,66755.108.22$87,640
Jan 200719,15650.306.73$61,641
Dec 200608,98656.656.92$62,169
Nov 2006110,07354.207.62$76,785
Oct 2006413,16554.906.01$79,391
Sep 200607,55160.085.04$38,036
Aug 200609,82568.717.34$72,115
Jul 200607,76669.376.34$49,258
Jun 2006112,80866.286.38$81,831
May 2006311,49966.016.42$74,079
Apr 200645,12664.397.36$37,987
Mar 200606,16456.707.08$43,659
Feb 2006010,68257.597.75$82,797
Jan 2006010,74460.598.93$95,980
Dec 200509,39354.9413.42$126,011
Nov 2005111,29654.6910.59$119,661
Oct 2005010,40958.3413.80$143,600
Sep 2005010,94861.4512.08$132,241
Aug 2005011,64061.519.80$114,035
Jul 2005012,61955.697.84$98,979
Jun 2005012,77152.337.38$94,263
May 2005013,81645.226.65$91,892
Apr 2005013,96649.207.36$102,796
Mar 2005015,44850.377.15$110,529
Feb 2005717,56145.226.31$111,160
Jan 2005123,28943.166.32$147,281
Dec 2004023,40239.866.75$157,989
Nov 2004018,47645.286.33$116,961
Oct 2004018,94249.706.52$123,409
Sep 2004021,42143.245.28$113,186
Aug 2004019,42942.375.55$107,844
Jul 2004022,21938.286.08$135,184
Jun 2004023,99036.106.43$154,328
May 2004022,28237.486.49$144,712
Apr 2004021,34834.475.86$125,066
Mar 2004021,24234.365.53$117,471
Feb 2004020,40532.455.51$112,424
Jan 2004022,66332.036.30$142,769
Dec 2003023,12730.266.30$145,738
Nov 2003022,90628.804.60$105,257
Oct 2003023,14728.174.76$110,171
Sep 2003021,95926.314.75$104,291
Aug 2003024,57829.765.13$126,078
Jul 2003025,03329.415.17$129,442
Jun 2003025,86128.565.98$154,725
May 2003027,53726.595.97$164,470
Apr 2003026,92626.675.41$145,596
Mar 2003029,21731.146.10$178,108
Feb 2003028,46433.487.93$225,602
Jan 2003012,33430.315.58$68,849
Dec 2002033,22326.914.85$161,256
Nov 2002035,79024.664.14$148,062
Oct 2002042,56426.464.23$180,008
Sep 2002029,55427.443.64$107,435
Aug 2002031,84225.963.16$100,753
Jul 2002032,52424.583.06$99,581
Jun 2002032,22523.733.34$107,575
May 2002036,53724.663.58$130,949
Apr 2002028,04423.653.51$98,500
Mar 2002034,24322.003.10$106,246
Feb 2002031,61318.222.38$75,102
Jan 2002038,50117.172.38$91,466
Dec 2001038,51216.932.36$91,058
Nov 2001028,35418.072.41$68,206
Oct 2001037,41619.782.53$94,621
Sep 2001037,00924.262.25$83,319
Aug 2001039,69224.873.05$121,186
Jul 2001040,75223.933.20$130,287
Jun 2001040,03924.563.82$153,116
May 2001044,15325.524.31$190,181
Apr 2001044,34524.685.34$236,595
Mar 2001046,76724.545.38$251,440
Feb 20010027.755.77$0
Jan 2001050,53027.478.40$424,389
Dec 2000050,83726.889.12$463,761
Nov 2000051,46632.215.66$291,195
Oct 2000058,28531.235.15$299,905
Sep 2000056,82631.875.19$294,728
Aug 2000062,98429.644.54$285,995
Jul 2000068,05128.534.09$278,312
Jun 2000068,87429.304.40$302,856
May 2000074,66127.263.68$274,734
Apr 2000075,82424.513.12$236,268
Mar 2000083,66728.422.86$239,267
Feb 2000084,73027.622.73$231,016
Jan 2000075,94925.272.48$188,391
Dec 1999082,25124.282.42$199,353
Nov 1999087,46623.192.43$212,891
Oct 1999099,15420.982.80$277,999
Sep 19990102,21121.752.62$267,675
Aug 19990112,13319.262.88$322,450
Jul 19990124,95717.892.37$296,444
Jun 19990131,29315.942.36$310,127
May 19990146,83315.792.32$340,802
Apr 19990156,32515.102.21$345,173
Mar 19990187,86412.471.84$345,356
Feb 19996222,9419.981.82$405,320
Jan 19990177,14210.381.90$336,561
Dec 19980238,4419.201.77$422,832
Nov 19986211,99010.892.19$463,416
Oct 19980012.421.97$0
Sep 1998063,59012.592.08$132,434
Aug 19980357,91311.301.91$682,665
Jul 19980146,42311.742.24$327,588

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             0 bbl  × $106.41 =         $0
Gas                  492 Mcf  × $  3.05 =     $1,499

────────────────────────────────────────────────────
Month total                                   $1,499

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/169528 is the state's own key, not one this site invented.