ROADRUNNER

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 172403District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
Feb 1999 – May 2026
Value, last 12 filed months
$92 k
at the published price for each month
Months reported
328
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 Gas112001-10-08144133
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
CondensateDisposition34,170 bbl$1,471,847
GasProduction892,234 Mcf$4,336,143
Total$5,807,991

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 30.2398, -96.8235. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23984, -96.82349 · 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
8,605 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 8,605 ft.

Completions filed
May 1985
1 of 1 wells

1 well

42-2873122338,605 ftMay 1985

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 (328)

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

328 months

May 20260491106.413.05$1,496
Apr 2026061098.932.87$1,751
Mar 20261891,03889.753.15$20,232
Feb 202621,07063.503.75$4,140
Jan 202691,54459.138.00$12,881
Dec 202551,40556.664.41$6,484
Nov 20251881,21458.593.93$15,782
Oct 202521,18659.383.30$4,038
Sep 2025193262.743.08$2,930
Aug 2025185863.933.01$2,651
Jul 2025193766.743.32$3,173
Jun 20251931,04866.483.13$16,110
May 202511,77760.553.23$5,804
Apr 202522,33262.363.54$8,387
Mar 202522,02567.704.27$8,779
Feb 202501,42870.884.34$6,199
Jan 20250074.324.28$0
Dec 2024050168.993.12$1,564
Nov 202421,16269.052.20$2,693
Oct 2024093071.372.28$2,122
Sep 202401,07569.612.36$2,542
Aug 202411,51075.632.06$3,192
Jul 20241811,24979.932.15$17,148
Jun 202411,65378.082.63$4,432
May 202431,52978.812.20$3,598
Apr 2024030584.451.66$506
Mar 202441,24080.301.55$2,237
Feb 20241821,10476.091.78$15,818
Jan 202401,13773.023.30$3,749
Dec 202301,41071.262.61$3,681
Nov 202301,34577.892.81$3,776
Oct 20231761,72885.443.09$20,372
Sep 202301,61689.042.74$4,420
Aug 202311,42580.522.67$3,889
Jul 202311,39374.852.64$3,755
Jun 202311,42568.962.26$3,287
May 20231831,65370.622.23$16,605
Apr 202301,32278.122.24$2,958
Mar 202301,44572.852.39$3,458
Feb 202301,08075.112.47$2,663
Jan 202311,15876.533.39$4,000
Dec 2022094376.415.73$5,403
Nov 202201,30685.005.65$7,374
Oct 20221751,42687.185.86$23,618
Sep 202201,45684.888.16$11,886
Aug 202201,54794.529.13$14,120
Jul 202201,274101.587.54$9,609
Jun 202211,048115.097.98$8,475
May 202201,214109.378.43$10,238
Apr 20221731,210104.226.84$26,304
Mar 202201,267108.885.08$6,432
Feb 202201,14991.054.86$5,583
Jan 202201,20181.844.54$5,450
Dec 202101,31271.323.90$5,116
Nov 202101,65377.435.24$8,657
Oct 20211782,03279.795.71$25,813
Sep 202101,81369.865.35$9,701
Aug 202101,56166.024.22$6,588
Jul 202101,68070.783.98$6,690
Jun 20211781,83469.493.38$18,569
May 202102,11263.483.02$6,373
Apr 2021099760.362.76$2,750
Mar 202101,65861.302.72$4,505
Feb 202101,69657.805.55$9,409
Jan 20211981,64150.412.81$14,593
Dec 202001,63644.642.68$4,377
Nov 202001,70438.772.71$4,612
Oct 202002,05536.972.48$5,093
Sep 20201931,66637.091.99$10,475
Aug 202001,16139.982.39$2,769
Jul 202001,59638.371.83$2,913
Jun 202001,67234.901.69$2,826
May 202001,90716.921.81$3,461
Apr 2020611,66614.751.80$3,906
Mar 202001,44130.341.86$2,675
Feb 20201841,40449.881.98$11,959
Jan 202001,66757.252.09$3,492
Dec 201901,67559.012.30$3,860
Nov 20191901,61555.302.75$14,949
Oct 201901,69453.472.42$4,097
Sep 201901,58155.052.66$4,201
Aug 201901,93953.112.30$4,468
Jul 201901,70356.272.46$4,189
Jun 20191831,93452.782.49$14,477
May 201901,24558.482.74$3,412
Apr 201901,87262.632.75$5,149
Mar 201901,24056.803.06$3,797
Feb 20191811,17450.852.79$12,482
Jan 201901,77446.033.23$5,727
Dec 201802,00846.594.19$8,404
Nov 201801,89652.934.24$8,034
Oct 20181791,56661.443.40$16,319
Sep 201811,59059.543.11$5,001
Aug 201801,54159.403.07$4,726
Jul 201801,89765.142.93$5,562
Jun 201802,20460.183.08$6,782
May 201803,36565.382.90$9,761
Apr 20181871,92863.842.90$17,531
Mar 201801,85161.222.79$5,158
Feb 201801,62761.782.77$4,500
Jan 20181821,96862.874.01$19,333
Dec 201702,08257.272.92$6,083
Nov 201702,09755.423.12$6,539
Oct 201702,19549.292.98$6,549
Sep 201701,83647.523.09$5,668
Aug 20171791,63845.373.00$13,042
Jul 201702,11343.873.09$6,523
Jun 201702,10642.493.09$6,502
May 20171882,25545.373.26$15,889
Apr 201701,97847.933.21$6,353
Mar 201701,86946.772.98$5,577
Feb 201701,89750.452.95$5,601
Jan 20171952,00749.413.42$16,496
Dec 201602,05648.763.72$7,654
Nov 20161922,22142.492.64$14,031
Oct 201601,94346.193.09$6,004
Sep 201602,27641.553.10$7,057
Aug 201602,18241.442.92$6,381
Jul 20161892,01041.622.92$13,744
Jun 201602,06245.352.69$5,538
May 201602,00942.521.99$4,000
Apr 201602,03236.561.99$4,046
Mar 20161952,20433.011.79$10,391
Feb 201602,04326.472.06$4,216
Jan 201602,19127.352.36$5,180
Dec 20151962,32232.362.00$10,990
Nov 201502,15638.792.17$4,673
Oct 20151922,24343.552.43$13,804
Sep 201502,47442.992.76$6,824
Aug 201502,36640.162.87$6,796
Jul 201502,23248.152.95$6,573
Jun 201501,92456.152.88$5,547
May 20151932,12055.212.96$16,921
Apr 201502,23949.822.71$6,060
Mar 201502,44442.892.93$7,172
Feb 20151892,04744.662.98$14,533
Jan 201502,08143.433.10$6,452
Dec 201402,29254.693.59$8,231
Nov 20141942,14670.464.25$22,794
Oct 201402,36078.303.90$9,206
Sep 201401,37086.164.05$5,542
Aug 2014028789.394.04$1,158
Jul 2014061996.564.18$2,587
Jun 201401,20698.164.74$5,713
May 20141891,45294.734.73$24,767
Apr 201401,18095.944.81$5,675
Mar 201401,83095.895.06$9,254
Feb 201401,91397.406.19$11,845
Jan 20141962,11690.404.86$28,004
Dec 201302,18591.824.35$9,515
Nov 201302,05288.853.74$7,671
Oct 20131852,10997.423.78$25,993
Sep 201302,084104.113.72$7,748
Aug 201302,326104.253.52$8,194
Jul 201302,701102.523.72$10,042
Jun 20131832,95494.403.93$28,894
May 201302,63494.834.15$10,929
Apr 20131871,60193.964.28$24,427
Mar 201301,97893.623.91$7,740
Feb 201301,85591.233.42$6,344
Jan 20131952,05991.603.42$24,904
Dec 201202,27986.773.42$7,795
Nov 201202,16486.953.62$7,844
Oct 20121761,87889.383.40$22,115
Sep 201202,24794.672.92$6,558
Aug 20121912,17492.662.91$24,020
Jul 201202,29785.133.02$6,939
Jun 201202,13079.822.52$5,366
May 201201,20591.612.49$2,998
Apr 201201,153101.652.00$2,302
Mar 201201,096105.052.22$2,435
Feb 2012182977101.102.57$20,911
Jan 201201,02698.092.73$2,805
Dec 201101,01196.873.24$3,275
Nov 2011088895.723.31$2,940
Oct 2011092584.983.65$3,375
Sep 2011094683.623.99$3,771
Aug 2011090983.404.15$3,772
Jul 2011093994.144.52$4,242
Jun 201118388592.904.64$21,107
May 2011096698.134.40$4,255
Apr 20110785105.964.33$3,402
Mar 2011063896.364.06$2,589
Feb 2011066885.644.18$2,792
Jan 2011090086.504.59$4,130
Dec 201001,00185.734.35$4,352
Nov 2010085180.843.80$3,230
Oct 201019178578.103.51$17,672
Sep 201001,07072.633.98$4,258
Aug 201001,43773.684.42$6,351
Jul 201001,89372.554.74$8,966
Jun 201002,12870.364.91$10,449
May 20101902,43871.124.24$23,838
Apr 201001,53381.694.12$6,320
Mar 201001,38278.394.39$6,065
Feb 201001,67273.585.44$9,100
Jan 20101942,09174.365.96$26,897
Dec 200902,35971.445.48$12,936
Nov 20091942,05174.593.75$22,165
Oct 200901,78172.544.11$7,320
Sep 200901,30865.543.06$4,009
Aug 2009063567.423.22$2,044
Jul 200901,02261.133.46$3,541
Jun 2009092266.163.90$3,591
May 200901,18354.743.93$4,644
Apr 20091801,17546.773.59$12,634
Mar 200901,95142.144.06$7,919
Feb 20091942,71632.814.63$18,948
Jan 200902,77335.865.37$14,894
Dec 20081702,70037.105.98$22,445
Nov 200802,18655.496.86$14,997
Oct 200802,67375.246.92$18,502
Sep 20081891,611101.767.88$31,923
Aug 200802,838114.228.48$24,075
Jul 20081972,991131.0811.39$59,889
Jun 200803,060131.3313.03$39,880
May 200802,976123.1711.57$34,445
Apr 20081942,913110.3110.45$51,855
Mar 200802,333101.909.66$22,546
Feb 200801,91592.538.77$16,796
Jan 20081921,94190.388.21$33,280
Dec 200702,10388.337.30$15,356
Nov 20071932,14091.677.29$33,297
Oct 200702,50282.856.92$17,319
Sep 200702,66975.846.24$16,666
Aug 20071923,01369.066.39$32,506
Jul 200702,93170.906.39$18,723
Jun 20071982,85062.007.55$33,789
May 200702,84658.747.85$22,331
Apr 20071932,61159.617.81$31,884
Mar 200712,72456.927.30$19,947
Feb 20071952,35255.108.22$30,069
Jan 200712,29450.306.73$15,482
Dec 20061952,40256.656.92$27,665
Nov 200602,55654.207.62$19,470
Oct 20061912,88654.906.01$27,842
Sep 200622,17860.085.04$11,091
Aug 200611,69068.717.34$12,473
Jul 20061901,78769.376.34$24,515
Jun 200601,98566.286.38$12,672
May 200601,91066.016.42$12,272
Apr 20061962,34964.397.36$29,910
Mar 200603,49656.707.08$24,762
Feb 20062023,33557.597.75$37,483
Jan 200613,82860.598.93$34,257
Dec 20051923,39854.9413.42$56,134
Nov 200513,05054.6910.59$32,349
Oct 20051973,03358.3413.80$53,336
Sep 200513,21561.4512.08$38,895
Aug 20051963,41661.519.80$45,522
Jul 20051942,29955.697.84$28,836
Jun 200531,10052.337.38$8,276
May 2005215745.226.65$1,135
Apr 200501,27649.207.36$9,392
Mar 20051263,18350.377.15$29,121
Feb 20052014,38645.226.31$36,773
Jan 20052004,91943.166.32$39,731
Dec 20042035,01639.866.75$41,955
Nov 20042025,09445.286.33$41,394
Oct 20042006,19749.706.52$50,314
Sep 200404,53143.245.28$23,941
Aug 20041905,61942.375.55$39,239
Jul 20041835,74638.286.08$41,965
Jun 20041875,93236.106.43$44,911
May 200405,98137.486.49$38,844
Apr 20041815,77334.475.86$40,060
Mar 20043795,68334.365.53$44,450
Feb 20041915,32632.455.51$35,542
Jan 20041965,69332.036.30$42,142
Dec 20033695,83730.266.30$47,949
Nov 200325,85128.804.60$26,944
Oct 20031786,16828.174.76$34,372
Sep 20031725,91026.314.75$32,594
Aug 20031776,03329.765.13$36,215
Jul 20031865,61829.415.17$34,520
Jun 20033674,52328.565.98$37,542
May 200306,41426.595.97$38,309
Apr 20033676,98826.675.41$47,574
Mar 20031837,70731.146.10$52,681
Feb 20033666,98433.487.93$67,608
Jan 20031817,72830.315.58$48,624
Dec 20023727,63926.914.85$47,088
Nov 20023688,17424.664.14$42,890
Oct 20021769,57426.464.23$45,147
Sep 20025389,36327.443.64$48,799
Aug 200209,97425.963.16$31,559
Jul 20025419,69624.583.06$42,985
Jun 2002010,30623.733.34$34,404
May 200235610,69024.663.58$47,092
Apr 200271910,24223.653.51$52,978
Mar 200218212,61622.003.10$43,148
Feb 20023579,93018.222.38$30,095
Jan 20021808,09217.172.38$22,315
Dec 2001142,96216.932.36$7,240
Nov 200117851718.072.41$4,460
Oct 20011731,70619.782.53$7,736
Sep 20011751,91424.262.25$8,555
Aug 20013638,58524.873.05$35,239
Jul 200118213,49423.933.20$47,497
Jun 200173414,94624.563.82$75,183
May 200135217,81025.524.31$85,696
Apr 200189118,98824.685.34$123,297
Mar 20011,25719,37424.545.38$135,010
Feb 20011,63916,20827.755.77$138,955
Jan 20011,45115,31227.478.40$168,461
Dec 20002,17013,35226.889.12$180,133
Nov 20003,04716,25332.215.66$190,103
Oct 200005,58131.235.15$28,717
Sep 20000031.875.19$0
Aug 200001329.644.54$59
Jul 20000128.534.09$4
Jun 200003129.304.40$136
May 200001727.263.68$63
Apr 200008724.513.12$271
Mar 200006328.422.86$180
Feb 2000017427.622.73$474
Jan 200009625.272.48$238
Dec 1999014224.282.42$344
Nov 1999019023.192.43$462
Oct 1999019220.982.80$538
Sep 1999018421.752.62$482
Aug 1999015519.262.88$446
Jul 1999020817.892.37$493
Jun 1999026615.942.36$628
May 1999048715.792.32$1,130
Apr 1999091915.102.21$2,029
Mar 19990012.471.84$0
Feb 19990699.981.82$125

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                  491 Mcf  × $  3.05 =     $1,496

────────────────────────────────────────────────────
Month total                                   $1,496

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/172403 is the state's own key, not one this site invented.