WECHETA UNIT

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

Gas lease lease 172478District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Jan 1999 – May 2026
Value, last 12 filed months
$0
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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 Gas111999-04-30140227
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
CondensateDisposition5,267 bbl$202,283
GasProduction337,578 Mcf$1,438,383
Total$1,640,666

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 29.8727, -96.6881. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.87268, -96.68813 · 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
13,709 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 13,709 ft.

Completions filed
Nov 2019
1 of 1 wells

1 well

42-149330871H13,709 ftNov 2019

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 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 20250074.324.28$0
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 202360076.533.39$4,592
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
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 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20191156.803.06$60
Feb 20190050.852.79$0
Jan 2019191146.033.23$8,795
Dec 20180146.594.19$4
Nov 201804652.934.24$195
Oct 201803361.443.40$112
Sep 201801959.543.11$59
Aug 2018061259.403.07$1,877
Jul 2018046465.142.93$1,360
Jun 201818942460.183.08$12,679
May 2018042465.382.90$1,230
Apr 2018041563.842.90$1,204
Mar 2018042361.222.79$1,179
Feb 2018037461.782.77$1,035
Jan 2018060062.874.01$2,406
Dec 2017039757.272.92$1,160
Nov 2017041155.423.12$1,282
Oct 2017048949.292.98$1,459
Sep 2017044847.523.09$1,383
Aug 2017054645.373.00$1,640
Jul 2017051543.873.09$1,590
Jun 2017053142.493.09$1,639
May 2017054545.373.26$1,779
Apr 2017053247.933.21$1,709
Mar 2017057946.772.98$1,728
Feb 2017051250.452.95$1,512
Jan 2017051449.413.42$1,757
Dec 2016057448.763.72$2,137
Nov 2016054742.492.64$1,446
Oct 2016056846.193.09$1,755
Sep 2016061241.553.10$1,898
Aug 2016058141.442.92$1,699
Jul 2016054041.622.92$1,579
Jun 2016038145.352.69$1,023
May 201618344342.521.99$8,663
Apr 2016037836.561.99$753
Mar 2016034433.011.79$617
Feb 2016033126.472.06$683
Jan 2016043027.352.36$1,017
Dec 2015068332.362.00$1,367
Nov 2015057838.792.17$1,253
Oct 2015067943.552.43$1,648
Sep 2015064342.992.76$1,774
Aug 2015064640.162.87$1,856
Jul 2015071448.152.95$2,103
Jun 2015056756.152.88$1,635
May 2015067855.212.96$2,004
Apr 2015067649.822.71$1,830
Mar 2015070642.892.93$2,072
Feb 2015067944.662.98$2,021
Jan 2015060843.433.10$1,885
Dec 2014066454.693.59$2,385
Nov 2014063670.464.25$2,704
Oct 2014073878.303.90$2,879
Sep 2014058386.164.05$2,358
Aug 201418555789.394.04$18,785
Jul 2014058996.564.18$2,462
Jun 2014055598.164.74$2,629
May 2014063894.734.73$3,016
Apr 2014058295.944.81$2,799
Mar 2014053295.895.06$2,690
Feb 2014058997.406.19$3,647
Jan 2014059290.404.86$2,878
Dec 2013064991.824.35$2,826
Nov 2013054788.853.74$2,045
Oct 2013072797.423.78$2,748
Sep 20130611104.113.72$2,272
Aug 20130700104.253.52$2,466
Jul 20130705102.523.72$2,621
Jun 2013065494.403.93$2,572
May 2013061594.834.15$2,552
Apr 2013064193.964.28$2,745
Mar 2013071493.623.91$2,794
Feb 2013070491.233.42$2,408
Jan 2013061491.603.42$2,100
Dec 2012074586.773.42$2,548
Nov 2012069786.953.62$2,527
Oct 2012077889.383.40$2,645
Sep 2012072394.672.92$2,110
Aug 201218476192.662.91$19,263
Jul 2012078485.133.02$2,368
Jun 2012073179.822.52$1,841
May 2012076391.612.49$1,899
Apr 20120774101.652.00$1,546
Mar 20120824105.052.22$1,831
Feb 20121786101.102.57$2,121
Jan 2012084198.092.73$2,299
Dec 2011085896.873.24$2,780
Nov 2011087995.723.31$2,911
Oct 201101,01084.983.65$3,685
Sep 201101,01783.623.99$4,054
Aug 201101,17883.404.15$4,888
Jul 201101,44094.144.52$6,505
Jun 201101,64292.904.64$7,619
May 201106198.134.40$269
Apr 2011076105.964.33$329
Mar 2011010696.364.06$430
Feb 201118239585.644.18$17,238
Jan 201101,01686.504.59$4,662
Dec 2010087785.734.35$3,813
Nov 201001,00980.843.80$3,829
Oct 2010068978.103.51$2,418
Sep 2010088172.633.98$3,506
Aug 2010091173.684.42$4,026
Jul 201001,04772.554.74$4,959
Jun 201001,08370.364.91$5,318
May 2010097671.124.24$4,134
Apr 201001,11681.694.12$4,601
Mar 2010079278.394.39$3,476
Feb 2010041473.585.44$2,253
Jan 2010070874.365.96$4,223
Dec 2009045371.445.48$2,484
Nov 2009042674.593.75$1,598
Oct 2009046272.544.11$1,899
Sep 2009068665.543.06$2,102
Aug 2009051867.423.22$1,667
Jul 2009079461.133.46$2,751
Jun 200918879066.163.90$15,515
May 2009085754.743.93$3,364
Apr 2009082646.773.59$2,963
Mar 2009087742.144.06$3,560
Feb 2009068732.814.63$3,183
Jan 2009074735.865.37$4,012
Dec 2008079437.105.98$4,746
Nov 200801,00855.496.86$6,915
Oct 2008094875.246.92$6,562
Sep 20080818101.767.88$6,443
Aug 20080987114.228.48$8,373
Jul 200801,009131.0811.39$11,492
Jun 20080937131.3313.03$12,212
May 200801,005123.1711.57$11,632
Apr 200801,000110.3110.45$10,455
Mar 200801,063101.909.66$10,273
Feb 20081791,02392.538.77$25,535
Jan 2008090490.388.21$7,418
Dec 200701,01988.337.30$7,441
Nov 200701,07591.677.29$7,839
Oct 200701,14982.856.92$7,953
Sep 200701,10175.846.24$6,875
Aug 200701,13969.066.39$7,276
Jul 200701,15270.906.39$7,359
Jun 200701,13062.007.55$8,530
May 200701,18558.747.85$9,298
Apr 200701,15359.617.81$8,999
Mar 200701,20956.927.30$8,828
Feb 200701,13955.108.22$9,358
Jan 200701,23250.306.73$8,287
Dec 200601,19456.656.92$8,261
Nov 200601,25854.207.62$9,583
Oct 20061861,37054.906.01$18,450
Sep 200601,42060.085.04$7,153
Aug 200601,23668.717.34$9,072
Jul 2006095669.376.34$6,064
Jun 200601,14266.286.38$7,290
May 200601,30466.016.42$8,378
Apr 200601,39564.397.36$10,268
Mar 2006089056.707.08$6,304
Feb 200601,08257.597.75$8,387
Jan 200601,15360.598.93$10,300
Dec 200501,19754.9413.42$16,058
Nov 200501,32254.6910.59$13,998
Oct 200501,21358.3413.80$16,734
Sep 200501,02161.4512.08$12,333
Aug 200501,12461.519.80$11,012
Jul 200501,22555.697.84$9,608
Jun 200501,37752.337.38$10,164
May 20051881,46445.226.65$18,239
Apr 200501,08849.207.36$8,008
Mar 200501,32050.377.15$9,444
Feb 200501,31645.226.31$8,306
Jan 200501,48143.166.32$9,363
Dec 200401,47039.866.75$9,924
Nov 200401,32445.286.33$8,381
Oct 200401,59249.706.52$10,372
Sep 200401,38043.245.28$7,292
Aug 200401,52642.375.55$8,470
Jul 200401,38038.286.08$8,396
Jun 200401,71836.106.43$11,052
May 20041931,39437.486.49$16,287
Apr 200401,43334.475.86$8,395
Mar 200401,17034.365.53$6,470
Feb 200401,27832.455.51$7,041
Jan 200401,33532.036.30$8,410
Dec 200301,38730.266.30$8,740
Nov 200301,62828.804.60$7,481
Oct 2003079928.174.76$3,803
Sep 200301,33226.314.75$6,326
Aug 2003082529.765.13$4,232
Jul 20031881,49829.415.17$13,275
Jun 200301,41228.565.98$8,448
May 200301,59326.595.97$9,514
Apr 200301,32726.675.41$7,175
Mar 2003068031.146.10$4,145
Feb 200301,23333.487.93$9,773
Jan 2003092830.315.58$5,180
Dec 200201,32326.914.85$6,422
Nov 200201,62324.664.14$6,714
Oct 200201,34226.464.23$5,675
Sep 20021931,37827.443.64$10,305
Aug 200201,59625.963.16$5,050
Jul 200201,65624.583.06$5,070
Jun 200201,18123.733.34$3,942
May 200201,22024.663.58$4,372
Apr 200201,21123.653.51$4,253
Mar 200201,19822.003.10$3,717
Feb 200201,69618.222.38$4,029
Jan 200201,84617.172.38$4,386
Dec 20011902,06616.932.36$8,102
Nov 200102,00918.072.41$4,833
Oct 200101,96819.782.53$4,977
Sep 200102,09124.262.25$4,708
Aug 200102,38024.873.05$7,267
Jul 200102,50423.933.20$8,005
Jun 200102,12424.563.82$8,123
May 20011842,62425.524.31$15,998
Apr 200112,06824.685.34$11,058
Mar 200102,36624.545.38$12,721
Feb 200102,73727.755.77$15,785
Jan 200102,78427.478.40$23,382
Dec 20001902,26126.889.12$25,733
Nov 200002,69232.215.66$15,231
Oct 200002,61531.235.15$13,455
Sep 200002,58631.875.19$13,412
Aug 200003,14429.644.54$14,276
Jul 20002052,67428.534.09$16,785
Jun 200003,16429.304.40$13,913
May 200003,26027.263.68$11,996
Apr 20001942,54924.513.12$12,698
Mar 200003,28428.422.86$9,391
Feb 200003,43827.622.73$9,374
Jan 20001824,58125.272.48$15,962
Dec 199903,82324.282.42$9,266
Nov 19991804,03723.192.43$14,000
Oct 199905,46320.982.80$15,317
Sep 19991776,30821.752.62$20,369
Aug 19991807,21819.262.88$24,223
Jul 199907,81917.892.37$18,550
Jun 19993599,74615.942.36$28,743
May 199908,38015.792.32$19,450
Apr 19991888,75615.102.21$22,172
Mar 199935811,30312.471.84$25,243
Feb 19991847,4899.981.82$15,450
Jan 1999413,53910.381.90$25,765

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 2023 — as filed, then multipliedworked
Condensate            60 bbl  × $ 76.53 =     $4,592
Gas                    0 Mcf  × $  3.39 =         $0

────────────────────────────────────────────────────
Month total                                   $4,592

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/172478 is the state's own key, not one this site invented.