GAIL

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 173255District 03Field 34773550CondensateGasSaveExport
Value, all time
$16 k
May 1999 – Dec 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
308
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.

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
CondensateDisposition64 bbl$3,726
GasProduction2,641 Mcf$12,156
Total$15,882

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 30.0955, -96.7891. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.09553, -96.78909 · 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
11,333 ft
1 wells filed one
Completion to plug
41.4 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 11,333 ft.

Completions filed
Jul 1983
1 of 1 wells
Plug dates filed
Dec 2024
1 of 1 wells

Last completion to plug: a median of 41.4 years across the 1 well that filed both dates, with the middle half between 41.4 years and 41.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14931514111,333 ftJul 1983Dec 2024Yes

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 (308)

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

308 months

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 20230076.533.39$0
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 201943055.052.66$2,367
Aug 20190753.112.30$16
Jul 20191956.272.46$78
Jun 20190852.782.49$20
May 20190758.482.74$19
Apr 20190462.632.75$11
Mar 201901556.803.06$46
Feb 20190750.852.79$20
Jan 20190046.033.23$0
Dec 20180846.594.19$33
Nov 20180952.934.24$38
Oct 20180061.443.40$0
Sep 201801059.543.11$31
Aug 201801059.403.07$31
Jul 201820865.142.93$1,326
Jun 20180960.183.08$28
May 20180765.382.90$20
Apr 20180963.842.90$26
Mar 20180061.222.79$0
Feb 20180761.782.77$19
Jan 20180862.874.01$32
Dec 201701357.272.92$38
Nov 201701655.423.12$50
Oct 20170849.292.98$24
Sep 20170547.523.09$15
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170245.373.26$7
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170350.452.95$9
Jan 20170249.413.42$7
Dec 20160448.763.72$15
Nov 20160242.492.64$5
Oct 20160346.193.09$9
Sep 20160341.553.10$9
Aug 20160341.442.92$9
Jul 20160541.622.92$15
Jun 20160445.352.69$11
May 20160542.521.99$10
Apr 20160636.561.99$12
Mar 20160433.011.79$7
Feb 20160426.472.06$8
Jan 20160427.352.36$9
Dec 20150432.362.00$8
Nov 20150438.792.17$9
Oct 20150543.552.43$12
Sep 20150642.992.76$17
Aug 20150540.162.87$14
Jul 20150548.152.95$15
Jun 20150556.152.88$14
May 20150555.212.96$15
Apr 20150649.822.71$16
Mar 20150842.892.93$23
Feb 20150544.662.98$15
Jan 20150543.433.10$16
Dec 20140654.693.59$22
Nov 20140670.464.25$26
Oct 20140878.303.90$31
Sep 20140086.164.05$0
Aug 20140589.394.04$20
Jul 201403996.564.18$163
Jun 20140898.164.74$38
May 20140694.734.73$28
Apr 20140695.944.81$29
Mar 20140695.895.06$30
Feb 20140797.406.19$43
Jan 20140590.404.86$24
Dec 20130791.824.35$30
Nov 20130688.853.74$22
Oct 20130797.423.78$26
Sep 201307104.113.72$26
Aug 201309104.253.52$32
Jul 201309102.523.72$33
Jun 20130894.403.93$31
May 20130994.834.15$37
Apr 20130993.964.28$39
Mar 201301293.623.91$47
Feb 20130791.233.42$24
Jan 20130991.603.42$31
Dec 20120686.773.42$21
Nov 20120786.953.62$25
Oct 20120789.383.40$24
Sep 20120994.672.92$26
Aug 20120792.662.91$20
Jul 20120985.133.02$27
Jun 20120979.822.52$23
May 20120891.612.49$20
Apr 2012013101.652.00$26
Mar 2012010105.052.22$22
Feb 2012010101.102.57$26
Jan 201201198.092.73$30
Dec 20110996.873.24$29
Nov 20110895.723.31$26
Oct 201101084.983.65$36
Sep 201106783.623.99$267
Aug 201101083.404.15$41
Jul 201101794.144.52$77
Jun 20110692.904.64$28
May 20110998.134.40$40
Apr 201108105.964.33$35
Mar 20110796.364.06$28
Feb 20110885.644.18$33
Jan 20110886.504.59$37
Dec 20100785.734.35$30
Nov 20100880.843.80$30
Oct 20100578.103.51$18
Sep 20100472.633.98$16
Aug 20100273.684.42$9
Jul 20100372.554.74$14
Jun 20100470.364.91$20
May 20100471.124.24$17
Apr 20100581.694.12$21
Mar 20100578.394.39$22
Feb 201001473.585.44$76
Jan 20100774.365.96$42
Dec 20090671.445.48$33
Nov 20090874.593.75$30
Oct 20090572.544.11$21
Sep 20090465.543.06$12
Aug 20090467.423.22$13
Jul 20090561.133.46$17
Jun 20090566.163.90$19
May 20090654.743.93$24
Apr 20090946.773.59$32
Mar 20090942.144.06$37
Feb 20090932.814.63$42
Jan 20090035.865.37$0
Dec 20080437.105.98$24
Nov 20080755.496.86$48
Oct 20080675.246.92$42
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 2008011131.0811.39$125
Jun 200809131.3313.03$117
May 200809123.1711.57$104
Apr 2008026110.3110.45$272
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 200802290.388.21$181
Dec 200701388.337.30$95
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070670.906.39$38
Jun 20070962.007.55$68
May 20070758.747.85$55
Apr 200701059.617.81$78
Mar 20070756.927.30$51
Feb 20070955.108.22$74
Jan 20070850.306.73$54
Dec 20060456.656.92$28
Nov 200601254.207.62$91
Oct 20060754.906.01$42
Sep 20060760.085.04$35
Aug 20060868.717.34$59
Jul 20060669.376.34$38
Jun 20060666.286.38$38
May 20060566.016.42$32
Apr 200601764.397.36$125
Mar 200601056.707.08$71
Feb 200601257.597.75$93
Jan 20060060.598.93$0
Dec 20050354.9413.42$40
Nov 20050254.6910.59$21
Oct 200501358.3413.80$179
Sep 200501361.4512.08$157
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050245.226.31$13
Jan 200501343.166.32$82
Dec 20040239.866.75$14
Nov 200401045.286.33$63
Oct 200404049.706.52$261
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040436.106.43$26
May 200401137.486.49$71
Apr 20040034.475.86$0
Mar 200402034.365.53$111
Feb 200401032.455.51$55
Jan 200407032.036.30$441
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 200303528.174.76$167
Sep 200307026.314.75$332
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 200305328.565.98$317
May 20030026.595.97$0
Apr 200303226.675.41$173
Mar 200303831.146.10$232
Feb 20030033.487.93$0
Jan 200303230.315.58$179
Dec 20020026.914.85$0
Nov 200202324.664.14$95
Oct 200203026.464.23$127
Sep 200201627.443.64$58
Aug 20020025.963.16$0
Jul 200201724.583.06$52
Jun 200202123.733.34$70
May 200201724.663.58$61
Apr 200201723.653.51$60
Mar 200201422.003.10$43
Feb 200202018.222.38$48
Jan 200201717.172.38$40
Dec 200101716.932.36$40
Nov 200101918.072.41$46
Oct 200102219.782.53$56
Sep 200101924.262.25$43
Aug 200102324.873.05$70
Jul 200102223.933.20$70
Jun 200103224.563.82$122
May 200104925.524.31$211
Apr 20010024.685.34$0
Mar 200105424.545.38$290
Feb 20010027.755.77$0
Jan 200102427.478.40$202
Dec 200004226.889.12$383
Nov 200004232.215.66$238
Oct 200003931.235.15$201
Sep 20000031.875.19$0
Aug 200003429.644.54$154
Jul 200003228.534.09$131
Jun 200002929.304.40$128
May 200002927.263.68$107
Apr 20000024.513.12$0
Mar 200002928.422.86$83
Feb 200002327.622.73$63
Jan 20000025.272.48$0
Dec 199903224.282.42$78
Nov 19990023.192.43$0
Oct 199903220.982.80$90
Sep 199902221.752.62$58
Aug 199904419.262.88$127
Jul 199902317.892.37$55
Jun 199907015.942.36$165
May 19990315.792.32$7

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.

Sep 2019 — as filed, then multipliedworked
Condensate            43 bbl  × $ 55.05 =     $2,367
Gas                    0 Mcf  × $  2.66 =         $0

────────────────────────────────────────────────────
Month total                                   $2,367

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/173255 is the state's own key, not one this site invented.