WEIGELT

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 174383District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.1 M
Aug 1999 – May 2026
Value, last 12 filed months
$194 k
at the published price for each month
Months reported
322
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 Gas112000-02-02141121
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
CondensateDisposition42,763 bbl$1,531,860
GasProduction3,616,698 Mcf$14,543,526
Total$16,075,386

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 30.0456, -96.7059. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.04563, -96.70588 · 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
12,335 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 12,335 ft.

Completions filed
Aug 1999
1 of 1 wells

1 well

42-14933091112,335 ftAug 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 (322)

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

322 months

May 202603,142106.413.05$9,570
Apr 202603,10298.932.87$8,902
Mar 202603,28189.753.15$10,333
Feb 202603,04463.503.75$11,416
Jan 202603,46259.138.00$27,689
Dec 202503,55556.664.41$15,689
Nov 202503,49958.593.93$13,739
Oct 202503,75659.383.30$12,413
Sep 202503,72062.743.08$11,446
Aug 202503,68963.933.01$11,121
Jul 202517,51966.743.32$24,994
Jun 20251907,61666.483.13$36,460
May 202518,52260.553.23$27,606
Apr 202528,72462.363.54$31,035
Mar 20251869,54067.704.27$53,312
Feb 202548,33670.884.34$36,469
Jan 202519710,42574.324.28$59,246
Dec 20241899,84268.993.12$43,760
Nov 202419,95269.052.20$21,948
Oct 202418312,05471.372.28$40,561
Sep 202408,49469.612.36$20,083
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202404,13478.082.63$10,889
May 20240078.812.20$0
Apr 202405,41784.451.66$8,988
Mar 20241964,09380.301.55$22,063
Feb 202404,35876.091.78$7,773
Jan 202404,25673.023.30$14,035
Dec 202303,94471.262.61$10,297
Nov 202303,85077.892.81$10,809
Oct 202337,72085.443.09$24,090
Sep 202309,54789.042.74$26,111
Aug 202319610,31780.522.67$43,358
Jul 202319212,34374.852.64$46,979
Jun 2023412,86368.962.26$29,327
May 2023113,74870.622.23$30,693
Apr 20230078.122.24$0
Mar 202301,37872.852.39$3,298
Feb 2023086375.112.47$2,128
Jan 2023027976.533.39$945
Dec 20220076.415.73$0
Nov 2022069085.005.65$3,896
Oct 202203487.185.86$199
Sep 20220084.888.16$0
Aug 20221962,25794.529.13$39,126
Jul 202204,577101.587.54$34,520
Jun 202283,916115.097.98$32,159
May 20221966,544109.378.43$76,622
Apr 202214,339104.226.84$29,773
Mar 20221833108.885.08$4,338
Feb 202283,42291.054.86$17,355
Jan 202223,01981.844.54$13,863
Dec 202112,66471.323.90$10,459
Nov 202103177.435.24$162
Oct 2021076779.795.71$4,383
Sep 20210069.865.35$0
Aug 2021069566.024.22$2,933
Jul 2021017470.783.98$693
Jun 2021030269.493.38$1,021
May 2021050163.483.02$1,512
Apr 2021057060.362.76$1,572
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200144.642.68$3
Nov 2020075438.772.71$2,041
Oct 20200036.972.48$0
Sep 20200137.091.99$2
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202010049814.751.80$2,374
Mar 202003,70530.341.86$6,877
Feb 20201744,58349.881.98$17,757
Jan 202004,73457.252.09$9,917
Dec 201905,16059.012.30$11,891
Nov 201905,47555.302.75$15,060
Oct 201903,46053.472.42$8,368
Sep 201902,30855.052.66$6,133
Aug 2019162,85553.112.30$7,429
Jul 201901456.272.46$34
Jun 201901,83652.782.49$4,574
May 20191512,76158.482.74$16,397
Apr 2019077662.632.75$2,135
Mar 2019041956.803.06$1,283
Feb 201907250.852.79$201
Jan 20190846.033.23$26
Dec 201801,65346.594.19$6,919
Nov 201803,25152.934.24$13,775
Oct 201803,32061.443.40$11,282
Sep 201803,39859.543.11$10,561
Aug 20181774,98959.403.07$25,813
Jul 201804,86065.142.93$14,249
Jun 2018059460.183.08$1,828
May 201801,29265.382.90$3,748
Apr 201821,24363.842.90$3,733
Mar 201801,63961.222.79$4,568
Feb 201802,72461.782.77$7,535
Jan 201803,15062.874.01$12,629
Dec 20171913,48557.272.92$21,120
Nov 201703,02555.423.12$9,433
Oct 201722,81849.292.98$8,507
Sep 201723,73147.523.09$11,614
Aug 201703,12145.373.00$9,377
Jul 201703,40143.873.09$10,500
Jun 201703,87042.493.09$11,948
May 201702,33645.373.26$7,623
Apr 201703,03847.933.21$9,757
Mar 20171903,36146.772.98$18,914
Feb 201702,69350.452.95$7,951
Jan 201703,15049.413.42$10,769
Dec 201601,67148.763.72$6,221
Nov 201601,45642.492.64$3,850
Oct 201603,43346.193.09$10,609
Sep 20161883,13841.553.10$17,541
Aug 201603,46441.442.92$10,130
Jul 201603,32441.622.92$9,721
Jun 201603,25145.352.69$8,732
May 201603,12842.521.99$6,228
Apr 201602,80336.561.99$5,581
Mar 201602,89033.011.79$5,185
Feb 201603,37426.472.06$6,963
Jan 201603,43027.352.36$8,110
Dec 201503,43732.362.00$6,879
Nov 201503,35438.792.17$7,269
Oct 20151803,78343.552.43$17,019
Sep 201503,59842.992.76$9,925
Aug 201503,78440.162.87$10,870
Jul 201503,91948.152.95$11,542
Jun 201503,08256.152.88$8,885
May 201503,53055.212.96$10,433
Apr 20151833,71349.822.71$19,167
Mar 201503,58742.892.93$10,527
Feb 201503,53744.662.98$10,527
Jan 201504,14143.433.10$12,840
Dec 201407,24054.693.59$26,001
Nov 201401,21070.464.25$5,145
Oct 201401,37978.303.90$5,379
Sep 201403,06086.164.05$12,379
Aug 20141563,70489.394.04$28,891
Jul 201403,94396.564.18$16,480
Jun 201403,32798.164.74$15,760
May 201404,08394.734.73$19,299
Apr 20141873,49295.944.81$34,734
Mar 201403,57895.895.06$18,093
Feb 201403,45497.406.19$21,387
Jan 201403,71890.404.86$18,072
Dec 201303,85091.824.35$16,765
Nov 201304,27988.853.74$15,996
Oct 20131922,55997.423.78$28,376
Sep 201303,923104.113.72$14,585
Aug 201304,516104.253.52$15,908
Jul 201304,461102.523.72$16,585
Jun 201305,15694.403.93$20,281
May 2013621,41794.834.15$11,759
Apr 20131784,24993.964.28$34,922
Mar 201304,01993.623.91$15,726
Feb 201303,80591.233.42$13,013
Jan 201304,10791.603.42$14,046
Dec 201204,61786.773.42$15,791
Nov 20121886,07786.953.62$38,375
Oct 201202,21389.383.40$7,523
Sep 201204,04694.672.92$11,808
Aug 201204,64192.662.91$13,497
Jul 201204,49285.133.02$13,569
Jun 201204,23079.822.52$10,656
May 20121824,61991.612.49$28,167
Apr 201204,024101.652.00$8,035
Mar 201204,513105.052.22$10,028
Feb 201203,956101.102.57$10,168
Jan 20121854,85198.092.73$31,410
Dec 201105,22996.873.24$16,941
Nov 201106,75795.723.31$22,374
Oct 201102,25984.983.65$8,242
Sep 20111824,66483.623.99$33,809
Aug 201105,07483.404.15$21,054
Jul 201104,93594.144.52$22,293
Jun 201104,72892.904.64$21,937
May 20111945,18598.134.40$41,876
Apr 201104,721105.964.33$20,457
Mar 201105,14496.364.06$20,871
Feb 201105,01985.644.18$20,979
Jan 20111955,07786.504.59$40,165
Dec 201004,91285.734.35$21,356
Nov 201005,24680.843.80$19,910
Oct 201005,45778.103.51$19,148
Sep 20101934,81572.633.98$33,179
Aug 201005,74273.684.42$25,376
Jul 201006,02572.554.74$28,537
Jun 201007,90270.364.91$38,802
May 20101938,44171.124.24$49,476
Apr 201002,36481.694.12$9,746
Mar 201005,70878.394.39$25,051
Feb 201004,30873.585.44$23,446
Jan 20101974,26574.365.96$40,086
Dec 200906,36071.445.48$34,877
Nov 200906,71774.593.75$25,199
Oct 200907,68972.544.11$31,604
Sep 20091937,70365.543.06$36,257
Aug 200907,91767.423.22$25,481
Jul 200908,13961.133.46$28,198
Jun 20091918,29666.163.90$44,949
May 200908,47754.743.93$33,279
Apr 20091968,64046.773.59$40,163
Mar 200909,44442.144.06$38,333
Feb 200904,65332.814.63$21,557
Jan 20091989,48835.865.37$58,060
Dec 2008010,12737.105.98$60,531
Nov 20081989,39855.496.86$75,461
Oct 200806,87875.246.92$47,609
Sep 200804,357101.767.88$34,320
Aug 200805,435114.228.48$46,105
Jul 20081966,482131.0811.39$99,518
Jun 200807,594131.3313.03$98,970
May 200808,341123.1711.57$96,541
Apr 20081976,138110.3110.45$85,903
Mar 200806,669101.909.66$64,450
Feb 200806,37892.538.77$55,939
Jan 20081965,93090.388.21$66,374
Dec 200705,88788.337.30$42,987
Nov 200704,12291.677.29$30,056
Oct 200701,07582.856.92$7,441
Sep 200701,52375.846.24$9,510
Aug 200707,00869.066.39$44,767
Jul 2007031570.906.39$2,012
Jun 200702,24262.007.55$16,924
May 20071975,41758.747.85$54,075
Apr 20071975,28159.617.81$52,962
Mar 200705,93756.927.30$43,352
Feb 200705,25555.108.22$43,175
Jan 20071975,75950.306.73$48,649
Dec 200605,72556.656.92$39,608
Nov 200636,57054.207.62$50,209
Oct 200637,26754.906.01$43,867
Sep 20061877,61960.085.04$49,613
Aug 2006512,44468.717.34$91,682
Jul 200601,07569.376.34$6,818
Jun 20061921,11866.286.38$19,863
May 200616,74066.016.42$43,371
Apr 200613,90864.397.36$28,829
Mar 200624,10956.707.08$29,217
Feb 20061786,91157.597.75$63,819
Jan 2006514,07960.598.93$126,075
Dec 200501,19254.9413.42$15,991
Nov 20055323754.6910.59$5,408
Oct 200516310,71958.3413.80$157,386
Sep 200514,81461.4512.08$58,210
Aug 20051579,04761.519.80$98,289
Jul 200502,48455.697.84$19,484
Jun 20051804,79652.337.38$44,819
May 200548,26645.226.65$55,159
Apr 20051877,91349.207.36$67,444
Mar 200548,40950.377.15$60,367
Feb 200528,04045.226.31$50,838
Jan 20051789,28843.166.32$66,403
Dec 200416010,58039.866.75$77,804
Nov 200416210,33745.286.33$72,773
Oct 200417911,99649.706.52$87,051
Sep 200409,13943.245.28$48,290
Aug 200417913,59142.375.55$83,023
Jul 20041797,52838.286.08$52,654
Jun 200402,20236.106.43$14,166
May 200402,97137.486.49$19,295
Apr 200435811,88834.475.86$81,986
Mar 200418010,77534.365.53$65,772
Feb 200406,70732.455.51$36,953
Jan 20041788,42132.036.30$58,751
Dec 2003010,12130.266.30$63,779
Nov 200301,13628.804.60$5,220
Oct 200308,07928.174.76$38,453
Sep 200317314,11126.314.75$71,570
Aug 200317914,00929.765.13$77,189
Jul 200317713,61629.415.17$75,612
Jun 200318215,42228.565.98$97,467
May 200318616,26226.595.97$102,073
Apr 2003016,40626.675.41$88,712
Mar 200317618,70231.146.10$119,489
Feb 200318218,88933.487.93$155,805
Jan 200337013,70230.315.58$87,700
Dec 200219025,06226.914.85$126,758
Nov 200218621,94824.664.14$95,385
Oct 20021868,61126.464.23$41,339
Sep 200218114,21427.443.64$56,637
Aug 20021788,64125.963.16$31,962
Jul 200218521,92124.583.06$71,664
Jun 2002019,12823.733.34$63,854
May 200217820,00524.663.58$76,087
Apr 200218120,56123.653.51$76,497
Mar 200218024,60922.003.10$80,315
Feb 200217723,58918.222.38$59,265
Jan 200217625,49117.172.38$63,580
Dec 200118528,79116.932.36$71,205
Nov 200136530,20618.072.41$79,257
Oct 200136320,24719.782.53$58,382
Sep 200136224,19824.262.25$63,260
Aug 200135825,43724.873.05$86,567
Jul 200117726,23223.933.20$88,101
Jun 200135927,35424.563.82$113,423
May 200136030,61525.524.31$141,056
Apr 200155031,60324.685.34$182,186
Mar 200136332,98624.545.38$186,255
Feb 200136031,04527.755.77$189,029
Jan 200154340,32227.478.40$353,571
Dec 200054345,06726.889.12$425,720
Nov 200073143,78132.215.66$271,258
Oct 200054245,37431.235.15$250,399
Sep 200053442,63031.875.19$238,119
Aug 200072251,82529.644.54$256,724
Jul 200088561,06528.534.09$274,990
Jun 200071265,03129.304.40$306,819
May 200088473,67627.263.68$295,207
Apr 20001,07983,89724.513.12$287,869
Mar 20001,43699,96228.422.86$326,677
Feb 20001,636102,63827.622.73$325,029
Jan 20001,834126,74725.272.48$360,741
Dec 19992,534146,56724.282.42$416,763
Nov 19992,352168,71423.192.43$465,191
Oct 19992,681197,31420.982.80$609,459
Sep 19992,666214,49621.752.62$619,718
Aug 19991,78895,77419.262.88$309,845

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             0 bbl  × $106.41 =         $0
Gas                3,142 Mcf  × $  3.05 =     $9,570

────────────────────────────────────────────────────
Month total                                   $9,570

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/174383 is the state's own key, not one this site invented.