ROCKET

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 171930District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$29.7 M
Jan 1999 – May 2026
Value, last 12 filed months
$149 k
at the published price for each month
Months reported
329
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 Gas111999-06-09140561
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
CondensateDisposition108 bbl$2,053
GasProduction8,252,019 Mcf$29,726,362
Total$29,728,415

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 30.4465, -95.8737. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.44653, -95.87367 · 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
14,969 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 14,969 ft.

Completions filed
Jan 1999
1 of 1 wells

1 well

42-18530643114,969 ftJan 1999

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 (329)

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

329 months

May 202603,879106.413.05$11,815
Apr 202604,93198.932.87$14,151
Mar 202614,60489.753.15$14,590
Feb 202602,26463.503.75$8,491
Jan 202603,19459.138.00$25,545
Dec 202502,48356.664.41$10,958
Nov 202504,51158.593.93$17,712
Oct 202503,89559.383.30$12,872
Sep 202502,96562.743.08$9,123
Aug 202502,53263.933.01$7,633
Jul 202502,53566.743.32$8,404
Jun 202502,61766.483.13$8,188
May 202502,92060.553.23$9,438
Apr 202503,24362.363.54$11,490
Mar 202503,10367.704.27$13,245
Feb 202503,08570.884.34$13,391
Jan 202524,37274.324.28$18,855
Dec 202403,95668.993.12$12,348
Nov 202405,01569.052.20$11,025
Oct 202404,29971.372.28$9,808
Sep 202403,20069.612.36$7,566
Aug 202403,10775.632.06$6,412
Jul 202403,09079.932.15$6,633
Jun 202402,36878.082.63$6,237
May 202402,89978.812.20$6,373
Apr 202402,93084.451.66$4,861
Mar 202403,41680.301.55$5,278
Feb 202404,13676.091.78$7,377
Jan 202403,83373.023.30$12,640
Dec 202303,28471.262.61$8,574
Nov 202302,60277.892.81$7,305
Oct 202302,66585.443.09$8,228
Sep 202303,62289.042.74$9,906
Aug 202305,69080.522.67$15,209
Jul 202304,68974.852.64$12,387
Jun 202303,94468.962.26$8,907
May 202304,56670.622.23$10,170
Apr 202303,67678.122.24$8,226
Mar 202304,41172.852.39$10,556
Feb 202304,60975.112.47$11,364
Jan 202304,62476.533.39$15,665
Dec 202203,45176.415.73$19,771
Nov 202203,94385.005.65$22,263
Oct 202204,47287.185.86$26,223
Sep 202204,20284.888.16$34,304
Aug 202204,55894.529.13$41,602
Jul 202204,640101.587.54$34,995
Jun 202204,207115.097.98$33,560
May 202204,641109.378.43$39,138
Apr 202204,318104.226.84$29,525
Mar 202204,572108.885.08$23,209
Feb 202203,85591.054.86$18,731
Jan 202204,39981.844.54$19,961
Dec 202114,56271.323.90$17,859
Nov 202104,38977.435.24$22,985
Oct 202104,68579.795.71$26,769
Sep 202104,93769.865.35$26,417
Aug 202104,37166.024.22$18,448
Jul 202104,55470.783.98$18,134
Jun 202104,67669.493.38$15,808
May 202105,06663.483.02$15,288
Apr 202104,78360.362.76$13,194
Mar 202105,18861.302.72$14,095
Feb 202104,15457.805.55$23,046
Jan 202105,19150.412.81$14,588
Dec 202005,30444.642.68$14,191
Nov 202005,19938.772.71$14,071
Oct 202005,39236.972.48$13,364
Sep 202005,47637.091.99$10,903
Aug 202006,09739.982.39$14,542
Jul 202006,44538.371.83$11,763
Jun 202005,45034.901.69$9,212
May 202005,52416.921.81$10,025
Apr 202004,09714.751.80$7,393
Mar 202005,42330.341.86$10,066
Feb 202004,53949.881.98$8,990
Jan 202005,34557.252.09$11,196
Dec 201904,20759.012.30$9,694
Nov 201904,72655.302.75$13,000
Oct 201904,88753.472.42$11,819
Sep 201904,88555.052.66$12,981
Aug 201905,18153.112.30$11,939
Jul 201905,42756.272.46$13,351
Jun 201904,70052.782.49$11,709
May 201905,32958.482.74$14,603
Apr 201905,47962.632.75$15,071
Mar 201905,67456.803.06$17,374
Feb 201905,16950.852.79$14,433
Jan 201904,58246.033.23$14,792
Dec 201804,71146.594.19$19,718
Nov 201804,48152.934.24$18,987
Oct 201805,10961.443.40$17,361
Sep 201804,62559.543.11$14,375
Aug 201805,25559.403.07$16,115
Jul 201805,73865.142.93$16,823
Jun 201805,15760.183.08$15,868
May 201805,39165.382.90$15,638
Apr 201805,92163.842.90$17,176
Mar 201806,78161.222.79$18,898
Feb 201805,99361.782.77$16,577
Jan 201806,76262.874.01$27,111
Dec 201704,08357.272.92$11,929
Nov 201703,77055.423.12$11,756
Oct 201704,40249.292.98$13,134
Sep 201705,00047.523.09$15,436
Aug 201704,63545.373.00$13,925
Jul 201704,53943.873.09$14,013
Jun 201704,84242.493.09$14,949
May 201706,85645.373.26$22,374
Apr 201704,21847.933.21$13,547
Mar 201705,62446.772.98$16,780
Feb 2017010,34250.452.95$30,536
Jan 201704,94349.413.42$16,899
Dec 201604,75848.763.72$17,713
Nov 201605,98142.492.64$15,816
Oct 201604,71646.193.09$14,574
Sep 201605,52241.553.10$17,122
Aug 201606,24241.442.92$18,254
Jul 201605,23441.622.92$15,306
Jun 201606,94145.352.69$18,642
May 201607,11142.521.99$14,158
Apr 201606,78136.561.99$13,501
Mar 201606,72433.011.79$12,063
Feb 201605,52126.472.06$11,393
Jan 201606,76527.352.36$15,995
Dec 201505,96432.362.00$11,936
Nov 201506,41238.792.17$13,897
Oct 201506,88043.552.43$16,695
Sep 201505,63842.992.76$15,552
Aug 201506,72340.162.87$19,312
Jul 201506,86348.152.95$20,212
Jun 201506,99256.152.88$20,157
May 201507,20155.212.96$21,282
Apr 201507,56949.822.71$20,486
Mar 201507,48942.892.93$21,978
Feb 201507,27644.662.98$21,655
Jan 201506,66343.433.10$20,660
Dec 201408,32154.693.59$29,884
Nov 201407,20370.464.25$30,626
Oct 201408,03478.303.90$31,340
Sep 201407,50886.164.05$30,373
Aug 201408,21189.394.04$33,132
Jul 201409,48796.564.18$39,652
Jun 201405,61698.164.74$26,602
May 201407,18294.734.73$33,946
Apr 201405,27995.944.81$25,387
Mar 201405,75495.895.06$29,097
Feb 201406,99597.406.19$43,313
Jan 201406,74290.404.86$32,771
Dec 201307,67691.824.35$33,425
Nov 201307,88388.853.74$29,469
Oct 201307,80397.423.78$29,490
Sep 201308,200104.113.72$30,485
Aug 201307,633104.253.52$26,888
Jul 201307,846102.523.72$29,169
Jun 201308,47994.403.93$33,351
May 201308,00394.834.15$33,205
Apr 201308,10593.964.28$34,710
Mar 201309,69993.623.91$37,951
Feb 201307,05491.233.42$24,124
Jan 201307,55291.603.42$25,827
Dec 201208,96686.773.42$30,665
Nov 201208,37586.953.62$30,359
Oct 201208,27189.383.40$28,119
Sep 201209,05294.672.92$26,417
Aug 201208,45892.662.91$24,597
Jul 201208,97885.133.02$27,121
Jun 201208,56379.822.52$21,571
May 201209,58091.612.49$23,838
Apr 2012010,157101.652.00$20,282
Mar 2012010,413105.052.22$23,139
Feb 2012010,728101.102.57$27,574
Jan 2012011,84098.092.73$32,372
Dec 201106,41596.873.24$20,783
Nov 201106,67795.723.31$22,109
Oct 201106,44284.983.65$23,504
Sep 201106,07583.623.99$24,214
Aug 201108,26583.404.15$34,294
Jul 2011010,87794.144.52$49,134
Jun 2011011,97192.904.64$55,544
May 201109,11698.134.40$40,154
Apr 201109,420105.964.33$40,820
Mar 2011010,48296.364.06$42,529
Feb 201108,56985.644.18$35,818
Jan 2011013,05286.504.59$59,893
Dec 2010010,08085.734.35$43,825
Nov 201009,55680.843.80$36,268
Oct 2010010,91278.103.51$38,289
Sep 2010010,62572.633.98$42,282
Aug 201009,34573.684.42$41,299
Jul 201009,68972.554.74$45,892
Jun 2010011,32770.364.91$55,620
May 2010011,69771.124.24$49,539
Apr 2010010,84381.694.12$44,702
Mar 2010011,61778.394.39$50,983
Feb 2010010,31773.585.44$56,149
Jan 201009,57974.365.96$57,130
Dec 2009010,86371.445.48$59,570
Nov 2009010,46774.593.75$39,267
Oct 2009012,85272.544.11$52,825
Sep 2009012,59265.543.06$38,591
Aug 2009013,19567.423.22$42,468
Jul 200909,84561.133.46$34,108
Jun 200907,96466.163.90$31,020
May 2009012,40654.743.93$48,703
Apr 2009010,54346.773.59$37,823
Mar 2009013,34542.144.06$54,167
Feb 2009010,53032.814.63$48,785
Jan 200908,85935.865.37$47,582
Dec 200809,62337.105.98$57,518
Nov 2008014,62355.496.86$100,319
Oct 2008012,81375.246.92$88,691
Sep 2008012,198101.767.88$96,085
Aug 2008015,794114.228.48$133,981
Jul 2008017,209131.0811.39$196,001
Jun 2008013,652131.3313.03$177,921
May 2008016,665123.1711.57$192,886
Apr 2008015,343110.3110.45$160,409
Mar 2008015,309101.909.66$147,947
Feb 2008016,94092.538.77$148,574
Jan 2008016,56090.388.21$135,887
Dec 2007017,78488.337.30$129,858
Nov 2007012,59391.677.29$91,824
Oct 2007013,22282.856.92$91,522
Sep 2007013,54475.846.24$84,571
Aug 2007013,02769.066.39$83,216
Jul 2007012,53370.906.39$80,060
Jun 2007011,94562.007.55$90,166
May 2007012,94858.747.85$101,594
Apr 2007012,64559.617.81$98,697
Mar 2007012,57356.927.30$91,808
Feb 200709,72255.108.22$79,876
Jan 2007012,46150.306.73$83,823
Dec 2006016,41956.656.92$113,594
Nov 2006011,80154.207.62$89,894
Oct 2006012,06754.906.01$72,569
Sep 2006011,64860.085.04$58,673
Aug 2006012,60168.717.34$92,490
Jul 2006012,47169.376.34$79,101
Jun 2006014,40866.286.38$91,979
May 2006014,81166.016.42$95,161
Apr 2006012,92064.397.36$95,097
Mar 2006012,40156.707.08$87,835
Feb 2006010,90357.597.75$84,510
Jan 2006011,77760.598.93$105,208
Dec 2005011,08654.9413.42$148,723
Nov 2005016,61154.6910.59$175,884
Oct 2005015,97058.3413.80$220,318
Sep 2005019,36961.4512.08$233,958
Aug 2005011,37061.519.80$111,390
Jul 2005016,86055.697.84$132,244
Jun 2005017,21252.337.38$127,042
May 2005020,88745.226.65$138,923
Apr 2005019,07649.207.36$140,409
Mar 2005016,33450.377.15$116,868
Feb 2005016,97645.226.31$107,151
Jan 2005018,64343.166.32$117,865
Dec 2004021,21139.866.75$143,197
Nov 2004023,01445.286.33$145,688
Oct 2004025,18649.706.52$164,089
Sep 2004023,57243.245.28$124,552
Aug 2004017,29542.375.55$95,999
Jul 2004022,09938.286.08$134,454
Jun 2004022,82936.106.43$146,859
May 2004023,60737.486.49$153,318
Apr 2004023,18534.475.86$135,828
Mar 2004024,27234.365.53$134,228
Feb 2004023,07532.455.51$127,134
Jan 2004025,07832.036.30$157,982
Dec 2003025,12930.266.30$158,354
Nov 2003024,84828.804.60$114,181
Oct 2003026,64028.174.76$126,797
Sep 2003026,67126.314.75$126,670
Aug 2003126,85929.765.13$137,809
Jul 2003026,44629.415.17$136,748
Jun 2003024,23728.565.98$145,009
May 2003024,02626.595.97$143,500
Apr 2003024,90026.675.41$134,641
Mar 2003025,11831.146.10$153,120
Feb 2003022,28933.487.93$176,660
Jan 2003029,00930.315.58$161,929
Dec 2002034,87626.914.85$169,280
Nov 2002034,59024.664.14$143,097
Oct 2002033,62326.464.23$142,196
Sep 2002035,86527.443.64$130,376
Aug 2002039,31325.963.16$124,393
Jul 2002037,55924.583.06$114,997
Jun 2002047,39923.733.34$158,229
May 2002056,32724.663.58$201,876
Apr 2002014,18823.653.51$49,833
Mar 2002030,68522.003.10$95,207
Feb 2002042,29818.222.38$100,487
Jan 2002050,45417.172.38$119,863
Dec 2001051,23416.932.36$121,138
Nov 2001056,49518.072.41$135,900
Oct 2001053,95019.782.53$136,433
Sep 2001056,00824.262.25$126,092
Aug 2001053,71424.873.05$163,997
Jul 2001060,64223.933.20$193,877
Jun 2001062,52424.563.82$239,102
May 2001066,36625.524.31$285,860
Apr 2001075,37624.685.34$402,155
Mar 2001064,39624.545.38$346,221
Feb 200103,00827.755.77$17,347
Jan 2001047,52127.478.40$399,117
Dec 2000078,64426.889.12$717,430
Nov 2000063,10232.215.66$357,031
Oct 2000063,74631.235.15$328,005
Sep 2000061,61131.875.19$319,545
Aug 2000566,65829.644.54$302,826
Jul 2000056,51028.534.09$231,112
Jun 2000465,17229.304.40$286,695
May 2000193,12827.263.68$342,715
Apr 2000099,43924.513.12$309,852
Mar 20002109,28128.422.86$312,573
Feb 20000115,35827.622.73$314,524
Jan 20004143,37325.272.48$355,738
Dec 19990136,88424.282.42$331,768
Nov 19994108,90723.192.43$265,171
Oct 19990151,32720.982.80$424,277
Sep 19995163,12421.752.62$427,306
Aug 199911205,27119.262.88$590,489
Jul 19990281,29917.892.37$667,345
Jun 19997263,51415.942.36$622,558
May 199910330,52915.792.32$767,322
Apr 19990358,87115.102.21$792,405
Mar 199929516,09412.471.84$949,113
Feb 19990488,7319.981.82$888,410
Jan 199921530,77910.381.90$1,008,672

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                3,879 Mcf  × $  3.05 =    $11,815

────────────────────────────────────────────────────
Month total                                  $11,815

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/171930 is the state's own key, not one this site invented.