VIKING

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 173242District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.8 M
May 1999 – Oct 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
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 Gas111999-07-13140684
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
CondensateDisposition45 bbl$906
GasProduction3,844,938 Mcf$14,832,418
Total$14,833,324

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 30.4697, -95.8495. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.46970, -95.84954 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
14,825 ft
1 wells filed one
Completion to plug
19.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 14,825 ft.

Completions filed
May 1999
1 of 1 wells
Plug dates filed
Oct 2018
1 of 1 wells

Last completion to plug: a median of 19.4 years across the 1 well that filed both dates, with the middle half between 19.4 years and 19.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-18530648114,825 ftMay 1999Oct 2018Yes

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 (234)

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

234 months

Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201702947.933.21$93
Mar 201703,51446.772.98$10,485
Feb 201703,11250.452.95$9,188
Jan 201703,79549.413.42$12,974
Dec 201603,87048.763.72$14,407
Nov 201603,93042.492.64$10,392
Oct 201603,58446.193.09$11,075
Sep 201603,43741.553.10$10,657
Aug 201603,53041.442.92$10,323
Jul 201603,65241.622.92$10,680
Jun 201603,53545.352.69$9,494
May 201603,66442.521.99$7,295
Apr 201603,55636.561.99$7,080
Mar 201603,77833.011.79$6,778
Feb 201603,23026.472.06$6,666
Jan 201603,74927.352.36$8,864
Dec 201503,81132.362.00$7,627
Nov 201503,73838.792.17$8,101
Oct 201504,10943.552.43$9,971
Sep 201503,37042.992.76$9,296
Aug 201503,86940.162.87$11,114
Jul 201503,88348.152.95$11,436
Jun 201503,97656.152.88$11,462
May 201503,99255.212.96$11,798
Apr 201503,95349.822.71$10,699
Mar 201504,26642.892.93$12,519
Feb 201503,93544.662.98$11,711
Jan 201504,24243.433.10$13,153
Dec 201404,48554.693.59$16,107
Nov 201403,53870.464.25$15,043
Oct 201404,77078.303.90$18,608
Sep 201401,86186.164.05$7,529
Aug 201404,28589.394.04$17,290
Jul 201404,47596.564.18$18,704
Jun 201404,61798.164.74$21,870
May 201406,21194.734.73$29,357
Apr 201407,73795.944.81$37,208
Mar 201405,43695.895.06$27,489
Feb 201404,19297.406.19$25,957
Jan 201405,00690.404.86$24,333
Dec 201305,75291.824.35$25,047
Nov 201305,47088.853.74$20,448
Oct 201304,75297.423.78$17,960
Sep 201303,451104.113.72$12,830
Aug 201302,748104.253.52$9,680
Jul 201303,219102.523.72$11,967
Jun 201304,28394.403.93$16,847
May 201303,02694.834.15$12,555
Apr 201305,84393.964.28$25,023
Mar 201304,73193.623.91$18,512
Feb 201303,84491.233.42$13,146
Jan 201304,58091.603.42$15,663
Dec 201204,70286.773.42$16,082
Nov 201204,80186.953.62$17,403
Oct 201204,33289.383.40$14,727
Sep 201202,69594.672.92$7,865
Aug 201204,17192.662.91$12,130
Jul 201205,60885.133.02$16,941
Jun 201205,40679.822.52$13,618
May 201207,58491.612.49$18,871
Apr 201204,340101.652.00$8,666
Mar 201205,971105.052.22$13,268
Feb 201207,533101.102.57$19,362
Jan 201208,47398.092.73$23,166
Dec 201104,61096.873.24$14,935
Nov 201106,13095.723.31$20,298
Oct 201105,62984.983.65$20,538
Sep 201103,02183.623.99$12,041
Aug 201106,04883.404.15$25,095
Jul 201104,73194.144.52$21,371
Jun 201104,20392.904.64$19,501
May 201104,54298.134.40$20,007
Apr 201107,127105.964.33$30,883
Mar 201104,28996.364.06$17,402
Feb 201104,48285.644.18$18,735
Jan 201104,59886.504.59$21,099
Dec 201003,20985.734.35$13,952
Nov 201004,17480.843.80$15,842
Oct 201005,81078.103.51$20,387
Sep 201003,51472.633.98$13,984
Aug 201003,31173.684.42$14,633
Jul 201005,46272.554.74$25,871
Jun 201004,46570.364.91$21,925
May 201003,70071.124.24$15,670
Apr 201003,11481.694.12$12,838
Mar 201002,51978.394.39$11,055
Feb 201002,86973.585.44$15,614
Jan 201003,66774.365.96$21,870
Dec 200904,04171.445.48$22,160
Nov 200904,52774.593.75$16,983
Oct 200904,63472.544.11$19,047
Sep 200903,80665.543.06$11,664
Aug 200904,15067.423.22$13,357
Jul 200904,97661.133.46$17,239
Jun 200904,36466.163.90$16,998
May 200907,13454.743.93$28,006
Apr 200906,64646.773.59$23,843
Mar 200906,89742.144.06$27,995
Feb 200907,17532.814.63$33,242
Jan 200906,67435.865.37$35,846
Dec 200808,10737.105.98$48,457
Nov 200806,92955.496.86$47,535
Oct 200808,83975.246.92$61,183
Sep 200806,713101.767.88$52,879
Aug 200809,652114.228.48$81,878
Jul 2008011,258131.0811.39$128,222
Jun 200806,020131.3313.03$78,456
May 200806,171123.1711.57$71,425
Apr 200807,212110.3110.45$75,400
Mar 200806,177101.909.66$59,695
Feb 200802,64992.538.77$23,233
Jan 200806,48890.388.21$53,239
Dec 200704,47488.337.30$32,669
Nov 200707,30191.677.29$53,237
Oct 200709,27382.856.92$64,188
Sep 200709,34075.846.24$58,320
Aug 200708,53569.066.39$54,521
Jul 200708,41570.906.39$53,755
Jun 200706,67362.007.55$50,371
May 200708,83158.747.85$69,291
Apr 200708,35459.617.81$65,205
Mar 200707,60856.927.30$55,553
Feb 200705,45855.108.22$44,843
Jan 200706,99650.306.73$47,061
Dec 2006010,91656.656.92$75,522
Nov 200607,77954.207.62$59,256
Oct 200605,62154.906.01$33,804
Sep 200605,34360.085.04$26,914
Aug 200609,57768.717.34$70,294
Jul 2006010,87769.376.34$68,990
Jun 200609,11566.286.38$58,189
May 2006010,46066.016.42$67,206
Apr 2006010,24164.397.36$75,379
Mar 2006010,64856.707.08$75,419
Feb 2006011,43357.597.75$88,619
Jan 200607,22560.598.93$64,543
Dec 200509,82754.9413.42$131,833
Nov 2005012,13054.6910.59$128,437
Oct 2005010,03158.3413.80$138,385
Sep 2005011,31761.4512.08$136,698
Aug 200505,02361.519.80$49,210
Jul 200506,56155.697.84$51,462
Jun 200509,08952.337.38$67,086
May 200506,59845.226.65$43,884
Apr 2005011,14949.207.36$82,062
Mar 2005011,46750.377.15$82,045
Feb 2005010,45145.226.31$65,966
Jan 2005010,12843.166.32$64,031
Dec 2004013,01039.866.75$87,832
Nov 2004012,80845.286.33$81,080
Oct 200409,25549.706.52$60,297
Sep 2004011,32843.245.28$59,856
Aug 2004011,58642.375.55$64,310
Jul 2004012,90638.286.08$78,522
Jun 2004011,47436.106.43$73,812
May 2004015,58937.486.49$101,244
Apr 2004012,32734.475.86$72,217
Mar 2004012,31034.365.53$68,076
Feb 2004013,30532.455.51$73,305
Jan 2004011,65932.036.30$73,448
Dec 2003013,55430.266.30$85,412
Nov 2003011,90828.804.60$54,719
Oct 2003015,62628.174.76$74,374
Sep 2003015,50026.314.75$73,615
Aug 2003014,13729.765.13$72,519
Jul 2003014,69129.415.17$75,965
Jun 2003115,56528.565.98$93,153
May 2003018,34026.595.97$109,539
Apr 2003019,63526.675.41$106,172
Mar 2003017,79931.146.10$108,503
Feb 2003017,35233.487.93$137,530
Jan 2003016,12330.315.58$89,999
Dec 2002015,25026.914.85$74,020
Nov 2002017,87924.664.14$73,965
Oct 2002017,78326.464.23$75,206
Sep 2002016,22827.443.64$58,992
Aug 2002016,08025.963.16$50,880
Jul 200209,76924.583.06$29,910
Jun 2002022,58523.733.34$75,394
May 2002021,06024.663.58$75,479
Apr 2002021,60623.653.51$75,887
Mar 2002022,62122.003.10$70,187
Feb 2002016,80218.222.38$39,916
Jan 2002025,76717.172.38$61,214
Dec 2001027,70016.932.36$65,494
Nov 2001028,01918.072.41$67,400
Oct 2001034,17519.782.53$86,424
Sep 2001036,39724.262.25$81,941
Aug 2001019,94524.873.05$60,895
Jul 2001036,14023.933.20$115,542
Jun 2001026,63524.563.82$101,857
May 2001025,47725.524.31$109,738
Apr 2001025,58424.685.34$136,499
Mar 2001024,76724.545.38$133,158
Feb 2001018,65527.755.77$107,585
Jan 2001024,76727.478.40$208,012
Dec 2000026,16626.889.12$238,699
Nov 2000026,26432.215.66$148,602
Oct 2000034,89331.235.15$179,542
Sep 2000030,55931.875.19$158,494
Aug 2000236,49229.644.54$165,760
Jul 2000035,67028.534.09$145,881
Jun 2000341,36529.304.40$181,980
May 2000039,05227.263.68$143,702
Apr 2000045,24924.513.12$140,996
Mar 2000150,14028.422.86$143,416
Feb 2000070,07727.622.73$191,065
Jan 2000062,66925.272.48$155,450
Dec 1999076,30024.282.42$184,930
Nov 1999485,58123.192.43$208,396
Oct 19990106,72420.982.80$299,223
Sep 19996124,39721.752.62$325,908
Aug 199910163,65719.262.88$470,805
Jul 19990233,14117.892.37$553,097
Jun 199912373,72715.942.36$882,972
May 19996447,57315.792.32$1,038,921

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.

Apr 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 47.93 =         $0
Gas                   29 Mcf  × $  3.21 =        $93

────────────────────────────────────────────────────
Month total                                      $93

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/173242 is the state's own key, not one this site invented.