GOEN, OLIVER F. 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 170769District 03Field 504246002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Aug 1998 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
334
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 Gas112000-06-26141127
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
CondensateDisposition17,822 bbl$458,634
GasProduction542,437 Mcf$1,584,023
Total$2,042,657

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 30.6119, -96.2599. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.61192, -96.25993 · 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
13,920 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 13,920 ft.

Completions filed
Aug 1998
1 of 1 wells

1 well

42-04131653113,920 ftAug 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 (334)

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

334 months

May 20260153106.413.05$466
Apr 202696098.932.87$9,497
Mar 2026017089.753.15$535
Feb 2026015263.503.75$570
Jan 2026017059.138.00$1,360
Dec 2025023656.664.41$1,042
Nov 2025020858.593.93$817
Oct 2025014559.383.30$479
Sep 2025017562.743.08$538
Aug 2025014663.933.01$440
Jul 2025018566.743.32$613
Jun 2025015666.483.13$488
May 2025017360.553.23$559
Apr 2025014962.363.54$528
Mar 2025018467.704.27$785
Feb 2025017070.884.34$738
Jan 2025017574.324.28$749
Dec 2024018868.993.12$587
Nov 2024016969.052.20$372
Oct 2024017071.372.28$388
Sep 2024024169.612.36$570
Aug 2024020175.632.06$415
Jul 2024020179.932.15$431
Jun 2024019378.082.63$508
May 2024022678.812.20$497
Apr 2024023984.451.66$397
Mar 2024020380.301.55$314
Feb 2024024476.091.78$435
Jan 2024021573.023.30$709
Dec 2023042771.262.61$1,115
Nov 2023022277.892.81$623
Oct 2023022385.443.09$688
Sep 2023026989.042.74$736
Aug 2023028180.522.67$751
Jul 2023028674.852.64$756
Jun 2023029368.962.26$662
May 2023030670.622.23$682
Apr 202318029978.122.24$14,731
Mar 2023126172.852.39$697
Feb 2023026075.112.47$641
Jan 2023033276.533.39$1,125
Dec 2022026076.415.73$1,490
Nov 2022026085.005.65$1,468
Oct 2022030387.185.86$1,777
Sep 2022025284.888.16$2,057
Aug 2022027594.529.13$2,510
Jul 20220281101.587.54$2,119
Jun 20221272115.097.98$2,285
May 20220353109.378.43$2,977
Apr 20220271104.226.84$1,853
Mar 20220341108.885.08$1,731
Feb 2022026391.054.86$1,278
Jan 202216227581.844.54$14,506
Dec 2021141771.323.90$1,697
Nov 2021011977.435.24$623
Oct 2021041079.795.71$2,343
Sep 2021027369.865.35$1,461
Aug 2021033166.024.22$1,397
Jul 2021031770.783.98$1,262
Jun 2021034269.493.38$1,156
May 2021033163.483.02$999
Apr 2021028660.362.76$789
Mar 2021057361.302.72$1,557
Feb 202101557.805.55$83
Jan 202122971350.412.81$13,548
Dec 202001744.642.68$45
Nov 202001,12738.772.71$3,050
Oct 2020016336.972.48$404
Sep 2020063737.091.99$1,268
Aug 2020292339.982.39$2,281
Jul 20200038.371.83$0
Jun 202019894134.901.69$8,501
May 20200016.921.81$0
Apr 2020044114.751.80$796
Mar 2020092730.341.86$1,721
Feb 20200049.881.98$0
Jan 202001,31657.252.09$2,757
Dec 20190059.012.30$0
Nov 20191851,30955.302.75$13,831
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 201901,01253.112.30$2,332
Jul 20190056.272.46$0
Jun 2019074852.782.49$1,863
May 2019041858.482.74$1,145
Apr 2019012462.632.75$341
Mar 2019032256.803.06$986
Feb 201919060050.852.79$11,337
Jan 2019053846.033.23$1,737
Dec 2018060246.594.19$2,520
Nov 20180152.934.24$4
Oct 2018053661.443.40$1,821
Sep 2018024259.543.11$752
Aug 2018019059.403.07$583
Jul 2018022465.142.93$657
Jun 2018023260.183.08$714
May 2018040065.382.90$1,160
Apr 2018047563.842.90$1,378
Mar 201818866461.222.79$13,360
Feb 2018047161.782.77$1,303
Jan 201803,71362.874.01$14,887
Dec 20171751,32457.272.92$13,890
Nov 2017026155.423.12$814
Oct 2017031549.292.98$940
Sep 2017028447.523.09$877
Aug 2017029645.373.00$889
Jul 2017029943.873.09$923
Jun 2017032542.493.09$1,003
May 2017031945.373.26$1,041
Apr 2017037847.933.21$1,214
Mar 2017031946.772.98$952
Feb 201714545950.452.95$8,670
Jan 2017065649.413.42$2,243
Dec 2016067648.763.72$2,517
Nov 201601,20042.492.64$3,173
Oct 20161911,60446.193.09$13,779
Sep 201601,68741.553.10$5,231
Aug 20161932,67741.442.92$15,826
Jul 20161912,47341.622.92$15,181
Jun 2016066645.352.69$1,789
May 2016036042.521.99$717
Apr 2016020336.561.99$404
Mar 2016021733.011.79$389
Feb 2016024326.472.06$501
Jan 2016027427.352.36$648
Dec 201503032.362.00$60
Nov 2015053838.792.17$1,166
Oct 2015011143.552.43$269
Sep 201518639342.992.76$9,080
Aug 201506840.162.87$195
Jul 2015019448.152.95$571
Jun 201504256.152.88$121
May 2015025455.212.96$751
Apr 20150049.822.71$0
Mar 201508942.892.93$261
Feb 2015010444.662.98$310
Jan 2015012043.433.10$372
Dec 2014022854.693.59$819
Nov 2014011770.464.25$497
Oct 2014012278.303.90$476
Sep 2014011286.164.05$453
Aug 2014012889.394.04$517
Jul 2014012696.564.18$527
Jun 2014012598.164.74$592
May 2014010494.734.73$492
Apr 2014025095.944.81$1,202
Mar 2014027195.895.06$1,370
Feb 201418426397.406.19$19,550
Jan 2014024790.404.86$1,201
Dec 2013028191.824.35$1,224
Nov 2013011988.853.74$445
Oct 2013011197.423.78$420
Sep 20130123104.113.72$457
Aug 20130331104.253.52$1,166
Jul 20130259102.523.72$963
Jun 2013023694.403.93$928
May 2013026194.834.15$1,083
Apr 2013018093.964.28$771
Mar 2013016893.623.91$657
Feb 2013011591.233.42$393
Jan 2013012991.603.42$441
Dec 2012012886.773.42$438
Nov 2012016886.953.62$609
Oct 2012021789.383.40$738
Sep 2012018694.672.92$543
Aug 2012021592.662.91$625
Jul 2012026085.133.02$785
Jun 2012031279.822.52$786
May 2012028691.612.49$712
Apr 20120261101.652.00$521
Mar 20120288105.052.22$640
Feb 2012183261101.102.57$19,172
Jan 2012031098.092.73$848
Dec 2011029996.873.24$969
Nov 2011028595.723.31$944
Oct 2011019284.983.65$701
Sep 2011020583.623.99$817
Aug 2011026883.404.15$1,112
Jul 2011018894.144.52$849
Jun 2011026292.904.64$1,216
May 2011023498.134.40$1,031
Apr 20110282105.964.33$1,222
Mar 2011032096.364.06$1,298
Feb 2011028785.644.18$1,200
Jan 2011034486.504.59$1,579
Dec 2010033785.734.35$1,465
Nov 2010032480.843.80$1,230
Oct 2010038078.103.51$1,333
Sep 2010033072.633.98$1,313
Aug 2010038573.684.42$1,701
Jul 2010040672.554.74$1,923
Jun 2010040570.364.91$1,989
May 201019240971.124.24$15,387
Apr 2010038681.694.12$1,591
Mar 2010039178.394.39$1,716
Feb 2010034973.585.44$1,899
Jan 2010035974.365.96$2,141
Dec 2009029471.445.48$1,612
Nov 2009028774.593.75$1,077
Oct 2009029772.544.11$1,221
Sep 2009029765.543.06$910
Aug 2009028967.423.22$930
Jul 2009029761.133.46$1,029
Jun 2009029366.163.90$1,141
May 2009034754.743.93$1,362
Apr 2009034846.773.59$1,248
Mar 2009031642.144.06$1,283
Feb 2009035332.814.63$1,635
Jan 2009029735.865.37$1,595
Dec 2008031837.105.98$1,901
Nov 2008036455.496.86$2,497
Oct 2008036775.246.92$2,540
Sep 20080392101.767.88$3,088
Aug 20080458114.228.48$3,885
Jul 2008193418131.0811.39$30,059
Jun 20080437131.3313.03$5,695
May 20080401123.1711.57$4,641
Apr 20080419110.3110.45$4,381
Mar 20080524101.909.66$5,064
Feb 2008051992.538.77$4,552
Jan 2008065990.388.21$5,408
Dec 2007067588.337.30$4,929
Nov 2007054491.677.29$3,967
Oct 2007044682.856.92$3,087
Sep 2007045175.846.24$2,816
Aug 2007044269.066.39$2,823
Jul 2007031770.906.39$2,025
Jun 2007046862.007.55$3,533
May 2007047258.747.85$3,703
Apr 2007047959.617.81$3,739
Mar 200718449456.927.30$14,080
Feb 2007038355.108.22$3,147
Jan 2007058150.306.73$3,908
Dec 2006048956.656.92$3,383
Nov 2006050554.207.62$3,847
Oct 2006049754.906.01$2,989
Sep 2006050860.085.04$2,559
Aug 2006056568.717.34$4,147
Jul 2006053969.376.34$3,419
Jun 2006055866.286.38$3,562
May 2006165866.016.42$4,294
Apr 2006173464.397.36$5,467
Mar 2006183456.707.08$5,964
Feb 2006166757.597.75$5,228
Jan 2006153160.598.93$4,804
Dec 2005059554.9413.42$7,982
Nov 2005061654.6910.59$6,522
Oct 200519059358.3413.80$19,265
Sep 2005156461.4512.08$6,874
Aug 2005050261.519.80$4,918
Jul 2005050255.697.84$3,938
Jun 2005054352.337.38$4,008
May 2005169745.226.65$4,681
Apr 2005073349.207.36$5,395
Mar 200518269250.377.15$14,119
Feb 2005071245.226.31$4,494
Jan 2005080543.166.32$5,089
Dec 20044176039.866.75$6,765
Nov 2004075845.286.33$4,798
Oct 2004073549.706.52$4,789
Sep 200418770943.245.28$11,832
Aug 2004073742.375.55$4,091
Jul 2004080138.286.08$4,873
Jun 2004083636.106.43$5,378
May 2004196537.486.49$6,305
Apr 2004199334.475.86$5,852
Mar 2004083434.365.53$4,612
Feb 2004046532.455.51$2,562
Jan 2004050532.036.30$3,181
Dec 2003094030.266.30$5,924
Nov 2003193428.804.60$4,321
Oct 200301,18128.174.76$5,621
Sep 200301,16926.314.75$5,552
Aug 2003087229.765.13$4,473
Jul 2003092929.415.17$4,804
Jun 200319494828.565.98$11,212
May 200301,18026.595.97$7,048
Apr 200311,99726.675.41$10,825
Mar 2003028731.146.10$1,750
Feb 2003077233.487.93$6,119
Jan 2003095330.315.58$5,320
Dec 20021921,06626.914.85$10,341
Nov 200201,00024.664.14$4,137
Oct 200201,05226.464.23$4,449
Sep 200201,04327.443.64$3,792
Aug 200201,19425.963.16$3,778
Jul 200201,20824.583.06$3,699
Jun 200201,26523.733.34$4,223
May 20021811,77324.663.58$10,818
Apr 200201,36423.653.51$4,791
Mar 200201,46122.003.10$4,533
Feb 200201,68018.222.38$3,991
Jan 20021841,98617.172.38$7,877
Dec 20011791,98616.932.36$7,726
Nov 200102,19218.072.41$5,273
Oct 200101,70919.782.53$4,322
Sep 200101,51424.262.25$3,409
Aug 20013571,64224.873.05$13,892
Jul 200102,00523.933.20$6,410
Jun 200102,47724.563.82$9,472
May 200102,52825.524.31$10,889
Apr 20011812,81324.685.34$19,475
Mar 200101,86024.545.38$10,000
Feb 2001086527.755.77$4,989
Jan 200101,88027.478.40$15,790
Dec 200001,94926.889.12$17,780
Nov 200002,03932.215.66$11,537
Oct 20001422,34331.235.15$16,491
Sep 200002,32131.875.19$12,038
Aug 200002,19229.644.54$9,953
Jul 20001732,67928.534.09$15,892
Jun 20003823,04629.304.40$24,587
May 200003,05127.263.68$11,227
Apr 200003,13824.513.12$9,778
Mar 200001,76128.422.86$5,036
Feb 200001,92527.622.73$5,249
Jan 20001872,80125.272.48$11,673
Dec 19991853,17324.282.42$12,182
Nov 19991722,70123.192.43$10,563
Oct 199903,56720.982.80$10,001
Sep 19991835,75621.752.62$19,054
Aug 19991906,34319.262.88$21,899
Jul 199907,09017.892.37$16,820
Jun 19991896,65715.942.36$18,737
May 19991887,72715.792.32$20,903
Apr 199918410,29415.102.21$25,508
Mar 199937612,50912.471.84$27,684
Feb 199937614,3769.981.82$29,885
Jan 199938020,52010.381.90$42,931
Dec 199873629,5519.201.77$59,175
Nov 19981,13046,10210.892.19$113,072
Oct 19982,05069,91112.421.97$163,130
Sep 19984,70598,74012.592.08$264,874
Aug 19983658,04511.301.91$19,469

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                  153 Mcf  × $  3.05 =       $466

────────────────────────────────────────────────────
Month total                                     $466

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/170769 is the state's own key, not one this site invented.