STEELER

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 173289District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
May 1999 – Nov 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
307
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 Gas111999-08-16140686
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
CondensateDisposition18 bbl$341
GasProduction1,698,220 Mcf$6,376,774
Total$6,377,115

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 30.4971, -95.8456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.49714, -95.84563 · 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
14,577 ft
1 wells filed one
Completion to plug
25.4 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 14,577 ft.

Completions filed
May 1999
1 of 1 wells
Plug dates filed
Oct 2024
1 of 1 wells

Last completion to plug: a median of 25.4 years across the 1 well that filed both dates, with the middle half between 25.4 years and 25.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-18530649114,577 ftMay 1999Oct 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 (307)

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

307 months

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 2021046160.362.76$1,272
Mar 202101,09161.302.72$2,964
Feb 2021091757.805.55$5,087
Jan 202101,25550.412.81$3,527
Dec 202001,29344.642.68$3,459
Nov 2020075038.772.71$2,030
Oct 202001,08436.972.48$2,687
Sep 2020087237.091.99$1,736
Aug 2020089739.982.39$2,139
Jul 2020088938.371.83$1,623
Jun 2020092034.901.69$1,555
May 202001,02116.921.81$1,853
Apr 2020094814.751.80$1,711
Mar 2020089230.341.86$1,656
Feb 2020090849.881.98$1,798
Jan 202001,24657.252.09$2,610
Dec 2019075459.012.30$1,737
Nov 201901,00455.302.75$2,762
Oct 201901,06353.472.42$2,571
Sep 201901,12555.052.66$2,989
Aug 201901,04453.112.30$2,406
Jul 2019098556.272.46$2,423
Jun 2019098252.782.49$2,446
May 201901,11458.482.74$3,053
Apr 2019072762.632.75$2,000
Mar 2019058956.803.06$1,804
Feb 2019069950.852.79$1,952
Jan 201901,07946.033.23$3,483
Dec 201801,22346.594.19$5,119
Nov 201801,38352.934.24$5,860
Oct 201801,67561.443.40$5,692
Sep 2018067359.543.11$2,092
Aug 201801,02759.403.07$3,149
Jul 201801,19365.142.93$3,498
Jun 201801,25260.183.08$3,852
May 201801,17065.382.90$3,394
Apr 201801,25663.842.90$3,643
Mar 201801,35861.222.79$3,785
Feb 201801,14261.782.77$3,159
Jan 201801,46162.874.01$5,858
Dec 201701,11257.272.92$3,249
Nov 2017085855.423.12$2,676
Oct 201701,08549.292.98$3,237
Sep 201701,44547.523.09$4,461
Aug 201701,29145.373.00$3,879
Jul 201701,39543.873.09$4,307
Jun 201701,35042.493.09$4,168
May 201701,41845.373.26$4,628
Apr 201701,40347.933.21$4,506
Mar 201701,41546.772.98$4,222
Feb 201703,09050.452.95$9,124
Jan 201701,45349.413.42$4,968
Dec 201601,55148.763.72$5,774
Nov 201601,33442.492.64$3,528
Oct 201601,35946.193.09$4,200
Sep 201601,31341.553.10$4,071
Aug 201601,33741.442.92$3,910
Jul 201601,40441.622.92$4,106
Jun 201601,38245.352.69$3,712
May 201601,56742.521.99$3,120
Apr 201601,31536.561.99$2,618
Mar 201601,36533.011.79$2,449
Feb 201601,34126.472.06$2,767
Jan 201601,57927.352.36$3,733
Dec 201501,45032.362.00$2,902
Nov 201501,42738.792.17$3,093
Oct 201501,48243.552.43$3,596
Sep 201501,44842.992.76$3,994
Aug 201501,69840.162.87$4,877
Jul 201501,46348.152.95$4,309
Jun 201501,30556.152.88$3,762
May 201501,71055.212.96$5,054
Apr 201501,58749.822.71$4,295
Mar 201501,78942.892.93$5,250
Feb 201501,70044.662.98$5,060
Jan 201501,63843.433.10$5,079
Dec 201401,93954.693.59$6,964
Nov 201401,71570.464.25$7,292
Oct 201402,01878.303.90$7,872
Sep 201401,35486.164.05$5,478
Aug 201401,42489.394.04$5,746
Jul 201401,70496.564.18$7,122
Jun 201402,04098.164.74$9,663
May 201402,96894.734.73$14,028
Apr 201402,35595.944.81$11,325
Mar 201402,55895.895.06$12,935
Feb 201402,44497.406.19$15,133
Jan 201401,89390.404.86$9,201
Dec 201302,74391.824.35$11,944
Nov 201302,93488.853.74$10,968
Oct 201301,99097.423.78$7,521
Sep 201302,247104.113.72$8,354
Aug 201302,948104.253.52$10,385
Jul 201302,808102.523.72$10,439
Jun 201302,92494.403.93$11,501
May 201303,01694.834.15$12,514
Apr 201302,73493.964.28$11,709
Mar 201302,95393.623.91$11,555
Feb 201302,78891.233.42$9,535
Jan 201302,92891.603.42$10,014
Dec 201203,04986.773.42$10,428
Nov 201202,71986.953.62$9,856
Oct 201202,98089.383.40$10,131
Sep 201202,94394.672.92$8,589
Aug 201203,31292.662.91$9,632
Jul 201203,44085.133.02$10,392
Jun 201202,57479.822.52$6,484
May 201203,04391.612.49$7,572
Apr 201203,203101.652.00$6,396
Mar 201203,473105.052.22$7,717
Feb 201203,045101.102.57$7,826
Jan 201202,98398.092.73$8,156
Dec 201103,30896.873.24$10,717
Nov 201103,38195.723.31$11,195
Oct 201103,84584.983.65$14,029
Sep 201103,69583.623.99$14,728
Aug 201103,92483.404.15$16,282
Jul 201104,02694.144.52$18,186
Jun 201104,15792.904.64$19,288
May 201104,92398.134.40$21,685
Apr 201105,029105.964.33$21,792
Mar 201101,99296.364.06$8,082
Feb 201102,03485.644.18$8,502
Jan 201103,30286.504.59$15,152
Dec 201001,85885.734.35$8,078
Nov 201001,88980.843.80$7,169
Oct 201002,65878.103.51$9,327
Sep 201001,92372.633.98$7,653
Aug 201001,63873.684.42$7,239
Jul 201002,36772.554.74$11,211
Jun 201001,87170.364.91$9,187
May 201002,07571.124.24$8,788
Apr 201002,70081.694.12$11,131
Mar 201001,96878.394.39$8,637
Feb 201002,20873.585.44$12,017
Jan 201002,94674.365.96$17,570
Dec 200902,60471.445.48$14,280
Nov 200902,17874.593.75$8,171
Oct 200903,26272.544.11$13,408
Sep 200902,24865.543.06$6,890
Aug 200901,81267.423.22$5,832
Jul 200902,57961.133.46$8,935
Jun 200902,77366.163.90$10,801
May 200903,49654.743.93$13,724
Apr 200902,24446.773.59$8,050
Mar 200902,34242.144.06$9,506
Feb 200902,00332.814.63$9,280
Jan 200902,68935.865.37$14,443
Dec 200802,72337.105.98$16,276
Nov 200802,91855.496.86$20,019
Oct 200802,27575.246.92$15,748
Sep 200802,728101.767.88$21,489
Aug 200802,714114.228.48$23,023
Jul 200802,749131.0811.39$31,310
Jun 200802,763131.3313.03$36,009
May 200802,961123.1711.57$34,271
Apr 200802,577110.3110.45$26,942
Mar 200802,972101.909.66$28,722
Feb 200802,92492.538.77$25,645
Jan 200803,45390.388.21$28,334
Dec 200703,07688.337.30$22,461
Nov 200702,96591.677.29$21,620
Oct 200702,95282.856.92$20,434
Sep 200703,63975.846.24$22,723
Aug 200703,76769.066.39$24,063
Jul 200703,40770.906.39$21,764
Jun 200703,06662.007.55$23,144
May 200703,35558.747.85$26,324
Apr 200703,34359.617.81$26,093
Mar 200703,35856.927.30$24,520
Feb 200702,75655.108.22$22,643
Jan 200702,68050.306.73$18,028
Dec 200602,95756.656.92$20,458
Nov 200603,76254.207.62$28,657
Oct 200603,02054.906.01$18,162
Sep 200602,92360.085.04$14,724
Aug 200603,62368.717.34$26,593
Jul 200603,07869.376.34$19,523
Jun 200603,71866.286.38$23,735
May 200604,51166.016.42$28,983
Apr 200603,33864.397.36$24,569
Mar 200603,66056.707.08$25,923
Feb 200602,97457.597.75$23,052
Jan 200603,78660.598.93$33,822
Dec 200504,52354.9413.42$60,678
Nov 200504,41654.6910.59$46,758
Oct 200503,26958.3413.80$45,098
Sep 200503,72461.4512.08$44,982
Aug 200503,31861.519.80$32,506
Jul 200503,36555.697.84$26,394
Jun 200504,01452.337.38$29,627
May 200503,64545.226.65$24,243
Apr 200503,64749.207.36$26,844
Mar 200503,65250.377.15$26,130
Feb 200504,03345.226.31$25,456
Jan 200503,43943.166.32$21,742
Dec 200403,80739.866.75$25,701
Nov 200403,58645.286.33$22,701
Oct 200403,82349.706.52$24,907
Sep 200403,94443.245.28$20,840
Aug 200404,07342.375.55$22,608
Jul 200403,63238.286.08$22,098
Jun 200403,53236.106.43$22,721
May 200403,62837.486.49$23,562
Apr 200405,21934.475.86$30,575
Mar 200404,64334.365.53$25,676
Feb 200404,20032.455.51$23,140
Jan 200405,39032.036.30$33,955
Dec 200305,26030.266.30$33,147
Nov 200304,44428.804.60$20,421
Oct 200304,96928.174.76$23,651
Sep 200306,07026.314.75$28,829
Aug 200305,89329.765.13$30,229
Jul 200306,27829.415.17$32,463
Jun 200305,46128.565.98$32,673
May 200305,91826.595.97$35,346
Apr 200306,37926.675.41$34,493
Mar 200304,72331.146.10$28,792
Feb 200305,87833.487.93$46,588
Jan 200306,91430.315.58$38,594
Dec 200205,01126.914.85$24,322
Nov 200205,58324.664.14$23,097
Oct 200206,76826.464.23$28,623
Sep 200206,32227.443.64$22,982
Aug 200205,54325.963.16$17,539
Jul 200206,17424.583.06$18,903
Jun 200206,53023.733.34$21,799
May 200207,60124.663.58$27,242
Apr 200208,35323.653.51$29,338
Mar 200208,64122.003.10$26,811
Feb 200207,87318.222.38$18,704
Jan 200208,82117.172.38$20,956
Dec 200108,64116.932.36$20,431
Nov 200108,21518.072.41$19,761
Oct 200107,86419.782.53$19,887
Sep 200108,32724.262.25$18,747
Aug 2001010,53024.873.05$32,150
Jul 2001011,60423.933.20$37,099
Jun 2001011,34424.563.82$43,381
May 200108,71725.524.31$37,547
Apr 200109,64524.685.34$51,459
Mar 2001010,54624.545.38$56,700
Feb 2001010,72627.755.77$61,858
Jan 2001011,34427.478.40$95,276
Dec 2000011,03226.889.12$100,639
Nov 2000012,44132.215.66$70,391
Oct 2000012,53331.235.15$64,489
Sep 2000014,17831.875.19$73,534
Aug 2000013,71129.644.54$62,258
Jul 2000015,62128.534.09$63,886
Jun 2000119,10429.304.40$84,034
May 2000017,20427.263.68$63,306
Apr 2000017,43724.513.12$54,334
Mar 2000020,84628.422.86$59,614
Feb 2000021,82827.622.73$59,514
Jan 2000023,58825.272.48$58,510
Dec 1999029,55624.282.42$71,635
Nov 1999132,15823.192.43$78,295
Oct 1999042,52620.982.80$119,231
Sep 1999351,74321.752.62$135,572
Aug 1999568,50619.262.88$197,092
Jul 19990100,29117.892.37$237,927
Jun 19995178,28115.942.36$421,197
May 19993230,31615.792.32$534,615

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 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.36 =         $0
Gas                  461 Mcf  × $  2.76 =     $1,272

────────────────────────────────────────────────────
Month total                                   $1,272

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/173289 is the state's own key, not one this site invented.