RANGER

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 172798District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$19.2 M
Mar 1999 – May 2026
Value, last 12 filed months
$128 k
at the published price for each month
Months reported
327
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 Gas111999-05-13140390
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
CondensateDisposition82 bbl$1,819
GasProduction5,412,531 Mcf$19,201,129
Total$19,202,948

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 30.4653, -95.9152. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.46532, -95.91521 · 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
14,724 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 14,724 ft.

Completions filed
Mar 1999
1 of 1 wells

1 well

42-18530647114,724 ftMar 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 (327)

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

327 months

May 202611,735106.413.05$5,391
Apr 202602,86698.932.87$8,225
Mar 202603,18489.753.15$10,028
Feb 202621,67763.503.75$6,416
Jan 202602,51659.138.00$20,123
Dec 202503,12556.664.41$13,792
Nov 202503,02558.593.93$11,877
Oct 202503,21859.383.30$10,635
Sep 202503,17162.743.08$9,757
Aug 202503,31263.933.01$9,985
Jul 202503,40066.743.32$11,272
Jun 202503,40466.483.13$10,650
May 202503,20360.553.23$10,353
Apr 202503,25362.363.54$11,526
Mar 202502,59867.704.27$11,089
Feb 202502,98470.884.34$12,953
Jan 202503,31474.324.28$14,180
Dec 202403,23068.993.12$10,082
Nov 202403,17369.052.20$6,976
Oct 202403,77371.372.28$8,608
Sep 202403,94169.612.36$9,318
Aug 202402,96375.632.06$6,115
Jul 202403,42779.932.15$7,356
Jun 202404,20178.082.63$11,065
May 202411,12078.812.20$2,541
Apr 202401,94784.451.66$3,230
Mar 202401,82280.301.55$2,815
Feb 202401,81676.091.78$3,239
Jan 202401,90373.023.30$6,275
Dec 202301,98571.262.61$5,182
Nov 202302,35477.892.81$6,609
Oct 202312,62185.443.09$8,177
Sep 202302,74089.042.74$7,494
Aug 202302,45680.522.67$6,565
Jul 202301,79374.852.64$4,737
Jun 202301,70768.962.26$3,855
May 202301,90070.622.23$4,232
Apr 202302,69078.122.24$6,020
Mar 202302,56472.852.39$6,136
Feb 202302,42875.112.47$5,987
Jan 202302,26576.533.39$7,673
Dec 202203,45076.415.73$19,765
Nov 202202,41685.005.65$13,641
Oct 202202,62587.185.86$15,392
Sep 202202,42584.888.16$19,797
Aug 202203,64794.529.13$33,287
Jul 202203,003101.587.54$22,649
Jun 202202,474115.097.98$19,736
May 202202,804109.378.43$23,646
Apr 202202,337104.226.84$15,979
Mar 202202,192108.885.08$11,127
Feb 202201,52691.054.86$7,415
Jan 202202,94281.844.54$13,350
Dec 202103,36571.323.90$13,121
Nov 202103,61177.435.24$18,910
Oct 202103,88479.795.71$22,193
Sep 202102,86669.865.35$15,336
Aug 202102,31666.024.22$9,775
Jul 202102,56570.783.98$10,214
Jun 202103,38069.493.38$11,427
May 202103,26863.483.02$9,862
Apr 202102,71860.362.76$7,497
Mar 202103,52561.302.72$9,577
Feb 202103,08257.805.55$17,099
Jan 202102,87150.412.81$8,068
Dec 202002,18544.642.68$5,846
Nov 202002,49738.772.71$6,758
Oct 202002,84736.972.48$7,056
Sep 202002,86937.091.99$5,712
Aug 202003,06839.982.39$7,317
Jul 202002,99838.371.83$5,472
Jun 202003,35534.901.69$5,671
May 202003,28516.921.81$5,961
Apr 202003,48014.751.80$6,279
Mar 202003,72830.341.86$6,920
Feb 202003,45449.881.98$6,841
Jan 202003,54357.252.09$7,422
Dec 201903,87859.012.30$8,936
Nov 201903,65355.302.75$10,048
Oct 201902,71053.472.42$6,554
Sep 201903,49555.052.66$9,287
Aug 201904,42653.112.30$10,199
Jul 201903,85156.272.46$9,474
Jun 201903,52852.782.49$8,789
May 201903,67258.482.74$10,062
Apr 201903,93562.632.75$10,824
Mar 201905,17756.803.06$15,852
Feb 201903,03850.852.79$8,483
Jan 201902,12846.033.23$6,870
Dec 201802,27246.594.19$9,509
Nov 201802,35552.934.24$9,979
Oct 201802,42261.443.40$8,230
Sep 201802,83659.543.11$8,814
Aug 201802,59759.403.07$7,964
Jul 201802,81165.142.93$8,242
Jun 201802,23560.183.08$6,877
May 201802,16465.382.90$6,277
Apr 201802,28063.842.90$6,614
Mar 201802,32661.222.79$6,482
Feb 201801,96461.782.77$5,433
Jan 201802,10362.874.01$8,432
Dec 201702,21857.272.92$6,480
Nov 201701,99855.423.12$6,230
Oct 201702,10549.292.98$6,281
Sep 201702,34447.523.09$7,237
Aug 201702,45445.373.00$7,373
Jul 201702,68643.873.09$8,292
Jun 201702,59042.493.09$7,996
May 201702,96645.373.26$9,679
Apr 201703,01447.933.21$9,680
Mar 201702,31246.772.98$6,898
Feb 201703,40850.452.95$10,062
Jan 201702,90549.413.42$9,932
Dec 201603,16948.763.72$11,798
Nov 201603,20142.492.64$8,465
Oct 201603,49146.193.09$10,788
Sep 201603,34841.553.10$10,381
Aug 201603,98641.442.92$11,656
Jul 201604,48541.622.92$13,116
Jun 201603,71245.352.69$9,970
May 201604,53942.521.99$9,037
Apr 201604,57736.561.99$9,113
Mar 201604,49333.011.79$8,060
Feb 201604,09526.472.06$8,451
Jan 201605,37727.352.36$12,713
Dec 201505,31932.362.00$10,646
Nov 201505,32138.792.17$11,532
Oct 201504,77243.552.43$11,580
Sep 201505,40642.992.76$14,912
Aug 201505,83040.162.87$16,747
Jul 201506,33748.152.95$18,663
Jun 201506,14156.152.88$17,704
May 201506,05455.212.96$17,892
Apr 201506,65349.822.71$18,007
Mar 201505,78742.892.93$16,983
Feb 201505,64544.662.98$16,801
Jan 201503,95743.433.10$12,269
Dec 201404,88554.693.59$17,544
Nov 201405,38670.464.25$22,900
Oct 201405,94378.303.90$23,183
Sep 201406,89086.164.05$27,873
Aug 201406,76489.394.04$27,294
Jul 201408,25396.564.18$34,494
Jun 201407,11698.164.74$33,708
May 201407,40594.734.73$35,000
Apr 201403,67795.944.81$17,683
Mar 201401,70895.895.06$8,637
Feb 201401,33897.406.19$8,285
Jan 201401,35690.404.86$6,591
Dec 201301,10691.824.35$4,816
Nov 201301,16588.853.74$4,355
Oct 201302,57897.423.78$9,743
Sep 20130525104.113.72$1,952
Aug 201304,584104.253.52$16,148
Jul 201305,172102.523.72$19,228
Jun 201305,81994.403.93$22,889
May 201305,58494.834.15$23,168
Apr 201306,20993.964.28$26,591
Mar 201306,18393.623.91$24,193
Feb 201304,49891.233.42$15,383
Jan 201304,76391.603.42$16,289
Dec 201206,12586.773.42$20,948
Nov 201206,11586.953.62$22,167
Oct 201205,76989.383.40$19,613
Sep 201205,91694.672.92$17,265
Aug 201205,54992.662.91$16,137
Jul 201205,99085.133.02$18,095
Jun 201206,04479.822.52$15,225
May 201206,65791.612.49$16,565
Apr 201206,820101.652.00$13,618
Mar 201207,161105.052.22$15,912
Feb 201206,475101.102.57$16,642
Jan 201206,47798.092.73$17,709
Dec 201106,64996.873.24$21,541
Nov 201106,92795.723.31$22,937
Oct 201106,89884.983.65$25,168
Sep 201106,75483.623.99$26,920
Aug 201106,51783.404.15$27,041
Jul 201105,98694.144.52$27,040
Jun 201106,75192.904.64$31,324
May 201107,13398.134.40$31,420
Apr 201105,182105.964.33$22,455
Mar 201105,75996.364.06$23,366
Feb 201105,18185.644.18$21,656
Jan 201106,60986.504.59$30,327
Dec 201007,17085.734.35$31,173
Nov 201007,12080.843.80$27,023
Oct 201006,49578.103.51$22,790
Sep 201006,12172.633.98$24,358
Aug 201008,05373.684.42$35,589
Jul 201006,36872.554.74$30,162
Jun 201007,15570.364.91$35,134
May 201007,47671.124.24$31,663
Apr 201007,62881.694.12$31,448
Mar 201007,90078.394.39$34,670
Feb 201006,10973.585.44$33,247
Jan 201007,92374.365.96$47,253
Dec 200908,14171.445.48$44,643
Nov 200908,26074.593.75$30,987
Oct 200908,60972.544.11$35,385
Sep 200908,27165.543.06$25,349
Aug 200908,28567.423.22$26,665
Jul 200906,58061.133.46$22,796
Jun 200904,53866.163.90$17,676
May 200907,32054.743.93$28,736
Apr 200908,24446.773.59$29,575
Mar 200908,23742.144.06$33,434
Feb 200907,51932.814.63$34,836
Jan 2009010,09535.865.37$54,220
Dec 200808,99137.105.98$53,740
Nov 2008010,08755.496.86$69,200
Oct 200807,61375.246.92$52,697
Sep 200806,445101.767.88$50,768
Aug 200807,405114.228.48$62,817
Jul 200808,835131.0811.39$100,626
Jun 200806,931131.3313.03$90,329
May 200808,143123.1711.57$94,249
Apr 200809,013110.3110.45$94,230
Mar 200807,655101.909.66$73,978
Feb 200805,75692.538.77$50,483
Jan 200807,63190.388.21$62,618
Dec 200707,86088.337.30$57,393
Nov 200708,98491.677.29$65,509
Oct 2007013,56282.856.92$93,876
Sep 2007011,00375.846.24$68,704
Aug 200708,26069.066.39$52,764
Jul 200708,95970.906.39$57,230
Jun 200708,14062.007.55$61,444
May 200708,63958.747.85$67,784
Apr 200709,08559.617.81$70,910
Mar 200709,04156.927.30$66,017
Feb 200705,49055.108.22$45,106
Jan 200707,76050.306.73$52,200
Dec 200604,67956.656.92$32,371
Nov 200606,39954.207.62$48,744
Oct 200607,58854.906.01$45,633
Sep 200604,45760.085.04$22,451
Aug 200605,58168.717.34$40,964
Jul 200606,28069.376.34$39,833
Jun 200608,03166.286.38$51,269
May 200607,18166.016.42$46,138
Apr 200608,77664.397.36$64,596
Mar 200609,34856.707.08$66,211
Feb 200607,50257.597.75$58,149
Jan 200609,55460.598.93$85,349
Dec 2005010,72654.9413.42$143,894
Nov 2005010,25654.6910.59$108,595
Oct 2005011,31258.3413.80$156,058
Sep 2005014,42461.4512.08$174,228
Aug 200504,33561.519.80$42,469
Jul 200508,80755.697.84$69,079
Jun 200508,90752.337.38$65,743
May 2005010,52445.226.65$69,997
Apr 2005010,74949.207.36$79,118
Mar 2005010,07650.377.15$72,093
Feb 200509,96545.226.31$62,898
Jan 200509,67743.166.32$61,180
Dec 2004011,13539.866.75$75,173
Nov 2004011,31745.286.33$71,641
Oct 200409,19049.706.52$59,874
Sep 200408,47443.245.28$44,776
Aug 200408,88942.375.55$49,340
Jul 2004011,59038.286.08$70,516
Jun 200409,11536.106.43$58,637
May 2004013,62237.486.49$88,469
Apr 2004013,08334.475.86$76,646
Mar 2004011,56934.365.53$63,978
Feb 2004013,17532.455.51$72,589
Jan 2004014,22432.036.30$89,606
Dec 2003015,04630.266.30$94,814
Nov 2003016,76028.804.60$77,015
Oct 2003015,85728.174.76$75,474
Sep 2003015,30026.314.75$72,665
Aug 2003017,90929.765.13$91,868
Jul 2003011,07829.415.17$57,283
Jun 2003013,91628.565.98$83,259
May 2003018,22526.595.97$108,852
Apr 2003017,76926.675.41$96,082
Mar 2003019,95831.146.10$121,665
Feb 2003014,92333.487.93$118,278
Jan 2003015,26030.315.58$85,182
Dec 2002019,76826.914.85$95,949
Nov 2002016,38224.664.14$67,772
Oct 2002021,53526.464.23$91,074
Sep 2002019,74227.443.64$71,766
Aug 2002023,90725.963.16$75,646
Jul 2002015,91924.583.06$48,740
Jun 2002020,32023.733.34$67,833
May 2002021,32924.663.58$76,443
Apr 2002021,35823.653.51$75,016
Mar 2002024,62122.003.10$76,392
Feb 2002024,96618.222.38$59,311
Jan 2002029,36317.172.38$69,757
Dec 2001033,52716.932.36$79,271
Nov 2001033,48318.072.41$80,544
Oct 2001039,96419.782.53$101,064
Sep 2001039,42524.262.25$88,758
Aug 2001023,57724.873.05$71,984
Jul 2001041,97023.933.20$134,181
Jun 2001025,55624.563.82$97,730
May 2001031,31125.524.31$134,867
Apr 2001031,27524.685.34$166,862
Mar 2001028,22724.545.38$151,761
Feb 2001025,39927.755.77$146,478
Jan 2001025,38927.478.40$213,236
Dec 2000029,65426.889.12$270,519
Nov 2000031,23032.215.66$176,699
Oct 2000039,35731.235.15$202,511
Sep 2000038,65731.875.19$200,495
Aug 2000543,54129.644.54$197,857
Jul 2000048,44628.534.09$198,132
Jun 2000352,87429.304.40$232,588
May 2000151,28227.263.68$188,732
Apr 2000060,22424.513.12$187,658
Mar 2000165,08428.422.86$186,152
Feb 2000172,47027.622.73$197,617
Jan 2000081,95825.272.48$203,297
Dec 1999095,46124.282.42$231,371
Nov 19995107,98223.192.43$262,943
Oct 19990132,52720.982.80$371,567
Sep 19995150,24521.752.62$393,578
Aug 199911190,05519.262.88$546,734
Jul 19990256,34617.892.37$608,148
Jun 199911336,41215.942.36$794,814
May 199920485,29115.792.32$1,126,686
Apr 19990704,49815.102.21$1,555,567
Mar 19991490,89412.471.84$167,268

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             1 bbl  × $106.41 =       $106
Gas                1,735 Mcf  × $  3.05 =     $5,285

────────────────────────────────────────────────────
Month total                                   $5,391

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/172798 is the state's own key, not one this site invented.