TRIUMPH

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 174461District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$45.4 M
Jul 1999 – May 2026
Value, last 12 filed months
$222 k
at the published price for each month
Months reported
323
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 Gas111999-10-15140879
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
CondensateDisposition93 bbl$3,073
GasProduction10,648,800 Mcf$45,382,073
Total$45,385,146

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 30.4544, -95.8608. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.45440, -95.86079 · 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
14,926 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 14,926 ft.

Completions filed
Jul 1999
1 of 1 wells

1 well

42-18530650114,926 ftJul 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 (323)

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

323 months

May 202616,493106.413.05$19,883
Apr 202605,13798.932.87$14,742
Mar 202615,39589.753.15$17,081
Feb 202605,10863.503.75$19,157
Jan 202615,52459.138.00$44,240
Dec 202505,89556.664.41$26,017
Nov 202506,13958.593.93$24,104
Oct 202503,67459.383.30$12,142
Sep 202504,06162.743.08$12,495
Aug 202503,72263.933.01$11,221
Jul 202502,65466.743.32$8,799
Jun 202503,83866.483.13$12,008
May 202503,29560.553.23$10,650
Apr 202502,81462.363.54$9,970
Mar 202515,38367.704.27$23,044
Feb 202505,10470.884.34$22,156
Jan 202505,44374.324.28$23,289
Dec 202405,14168.993.12$16,047
Nov 202404,57069.052.20$10,047
Oct 202404,93771.372.28$11,263
Sep 202404,67969.612.36$11,063
Aug 202434,66375.632.06$9,850
Jul 202404,64979.932.15$9,980
Jun 202404,86678.082.63$12,817
May 202405,26878.812.20$11,581
Apr 202405,29484.451.66$8,784
Mar 202415,73380.301.55$8,939
Feb 202405,11776.091.78$9,127
Jan 202405,66773.023.30$18,688
Dec 202305,98871.262.61$15,633
Nov 202315,91677.892.81$16,687
Oct 202305,98985.443.09$18,490
Sep 202315,83889.042.74$16,056
Aug 202305,77080.522.67$15,423
Jul 202306,22874.852.64$16,453
Jun 202306,20368.962.26$14,009
May 202306,58470.622.23$14,665
Apr 202305,09278.122.24$11,395
Mar 202306,03772.852.39$14,448
Feb 202305,94575.112.47$14,658
Jan 202316,01276.533.39$20,444
Dec 202206,21576.415.73$35,606
Nov 202215,22985.005.65$29,609
Oct 202205,92787.185.86$34,755
Sep 202205,80884.888.16$47,415
Aug 202206,14594.529.13$56,086
Jul 202216,351101.587.54$48,001
Jun 202205,704115.097.98$45,502
May 202206,166109.378.43$51,998
Apr 202206,120104.226.84$41,846
Mar 202206,512108.885.08$33,058
Feb 202206,34791.054.86$30,839
Jan 202206,45881.844.54$29,304
Dec 202111,06971.323.90$4,239
Nov 202107,02677.435.24$36,794
Oct 202117,51279.795.71$43,002
Sep 202104,80269.865.35$25,695
Aug 202104,29866.024.22$18,140
Jul 202106,78870.783.98$27,030
Jun 202106,61169.493.38$22,349
May 202107,37463.483.02$22,252
Apr 202107,14960.362.76$19,720
Mar 202107,40861.302.72$20,127
Feb 202104,63057.805.55$25,687
Jan 202107,41650.412.81$20,841
Dec 202007,50344.642.68$20,074
Nov 202007,44738.772.71$20,156
Oct 202007,24036.972.48$17,944
Sep 202007,51337.091.99$14,959
Aug 202007,75539.982.39$18,496
Jul 202007,96938.371.83$14,544
Jun 202007,66434.901.69$12,955
May 202007,65516.921.81$13,892
Apr 202007,45614.751.80$13,453
Mar 202007,95730.341.86$14,770
Feb 202007,45049.881.98$14,756
Jan 202003,86557.252.09$8,096
Dec 201907,08059.012.30$16,315
Nov 201905,61655.302.75$15,448
Oct 201906,38353.472.42$15,438
Sep 201906,16755.052.66$16,387
Aug 201907,00053.112.30$16,131
Jul 201906,61356.272.46$16,268
Jun 201905,93852.782.49$14,793
May 201907,33358.482.74$20,095
Apr 201907,70462.632.75$21,191
Mar 201909,17856.803.06$28,104
Feb 201906,35450.852.79$17,742
Jan 201903,86646.033.23$12,480
Dec 201805,83246.594.19$24,409
Nov 201806,08552.934.24$25,784
Oct 201806,31261.443.40$21,449
Sep 201805,09659.543.11$15,838
Aug 201806,00159.403.07$18,402
Jul 201806,08365.142.93$17,835
Jun 201806,59060.183.08$20,277
May 201805,98365.382.90$17,355
Apr 201806,17863.842.90$17,921
Mar 201806,58061.222.79$18,337
Feb 201806,15461.782.77$17,023
Jan 201806,59662.874.01$26,445
Dec 201704,93357.272.92$14,412
Nov 201705,65255.423.12$17,625
Oct 201706,49049.292.98$19,364
Sep 201706,51947.523.09$20,126
Aug 201706,04245.373.00$18,153
Jul 201707,33543.873.09$22,645
Jun 201707,36142.493.09$22,725
May 201707,74845.373.26$25,285
Apr 201707,33947.933.21$23,570
Mar 201707,90546.772.98$23,586
Feb 201702,55650.452.95$7,547
Jan 201709,92849.413.42$33,942
Dec 201609,00448.763.72$33,520
Nov 201609,77342.492.64$25,843
Oct 201609,51546.193.09$29,404
Sep 2016010,27341.553.10$31,853
Aug 201609,70841.442.92$28,389
Jul 2016010,11641.622.92$29,583
Jun 2016010,55845.352.69$28,357
May 2016010,62642.521.99$21,157
Apr 2016011,35036.561.99$22,598
Mar 2016010,55233.011.79$18,930
Feb 201608,81526.472.06$18,191
Jan 2016010,60027.352.36$25,062
Dec 2015010,24532.362.00$20,504
Nov 2015010,49038.792.17$22,735
Oct 2015011,10643.552.43$26,950
Sep 201508,68542.992.76$23,957
Aug 2015010,26940.162.87$29,498
Jul 2015010,88948.152.95$32,069
Jun 2015010,84656.152.88$31,268
May 201509,64855.212.96$28,514
Apr 2015010,57049.822.71$28,608
Mar 2015011,23242.892.93$32,963
Feb 2015010,49344.662.98$31,229
Jan 2015010,07243.433.10$31,230
Dec 2014010,74654.693.59$38,593
Nov 201409,50470.464.25$40,409
Oct 2014011,84378.303.90$46,199
Sep 2014010,74986.164.05$43,484
Aug 2014010,71389.394.04$43,228
Jul 2014011,66496.564.18$48,751
Jun 2014011,31898.164.74$53,612
May 201409,54194.734.73$45,096
Apr 2014012,42595.944.81$59,753
Mar 2014012,19195.895.06$61,647
Feb 201409,75597.406.19$60,403
Jan 2014010,03190.404.86$48,758
Dec 2013012,23991.824.35$53,294
Nov 2013011,96188.853.74$44,714
Oct 2013012,41397.423.78$46,913
Sep 2013010,142104.113.72$37,705
Aug 2013011,731104.253.52$41,324
Jul 2013012,962102.523.72$48,189
Jun 2013010,64594.403.93$41,871
May 2013012,54694.834.15$52,054
Apr 2013012,66493.964.28$54,235
Mar 2013013,29993.623.91$52,037
Feb 2013012,00691.233.42$41,059
Jan 2013013,35591.603.42$45,673
Dec 2012013,97686.773.42$47,800
Nov 2012014,02886.953.62$50,851
Oct 2012014,08589.383.40$47,884
Sep 2012014,00594.672.92$40,872
Aug 2012016,29492.662.91$47,386
Jul 2012013,47185.133.02$40,693
Jun 2012013,37579.822.52$33,692
May 2012014,29191.612.49$35,561
Apr 2012013,630101.652.00$27,216
Mar 2012014,008105.052.22$31,127
Feb 2012013,083101.102.57$33,626
Jan 2012014,64498.092.73$40,038
Dec 2011014,86896.873.24$48,168
Nov 2011014,59795.723.31$48,335
Oct 2011015,70184.983.65$57,286
Sep 2011014,91283.623.99$59,436
Aug 2011015,35983.404.15$63,729
Jul 2011015,17794.144.52$68,558
Jun 2011014,43792.904.64$66,986
May 2011017,44198.134.40$76,824
Apr 2011016,294105.964.33$70,606
Mar 2011017,00996.364.06$69,011
Feb 2011015,51685.644.18$64,857
Jan 2011018,78186.504.59$86,182
Dec 2010018,17885.734.35$79,033
Nov 2010019,94680.843.80$75,702
Oct 2010022,84578.103.51$80,161
Sep 2010013,21072.633.98$52,569
Aug 2010011,52673.684.42$50,938
Jul 201009,99372.554.74$47,332
Jun 2010012,63870.364.91$62,058
May 2010017,29171.124.24$73,231
Apr 2010011,16281.694.12$46,017
Mar 2010013,24678.394.39$58,132
Feb 2010013,65173.585.44$74,294
Jan 2010010,39274.365.96$61,979
Dec 2009010,41871.445.48$57,130
Nov 2009011,65374.593.75$43,716
Oct 2009011,17872.544.11$45,944
Sep 2009010,92165.543.06$33,470
Aug 2009010,98567.423.22$35,355
Jul 2009010,80061.133.46$37,417
Jun 2009011,07066.163.90$43,118
May 2009014,14054.743.93$55,510
Apr 2009011,20146.773.59$40,184
Mar 2009011,60842.144.06$47,117
Feb 2009011,79132.814.63$54,628
Jan 2009013,02235.865.37$69,941
Dec 2008013,06637.105.98$78,097
Nov 2008013,64155.496.86$93,582
Oct 2008014,58075.246.92$100,922
Sep 2008015,044101.767.88$118,503
Aug 2008017,939114.228.48$152,177
Jul 2008018,770131.0811.39$213,780
Jun 2008016,470131.3313.03$214,647
May 2008016,351123.1711.57$189,251
Apr 2008015,251110.3110.45$159,447
Mar 2008015,073101.909.66$145,667
Feb 2008015,27692.538.77$133,979
Jan 2008015,92190.388.21$130,643
Dec 2007015,83988.337.30$115,656
Nov 2007015,74791.677.29$114,822
Oct 2007017,10882.856.92$118,421
Sep 2007019,34075.846.24$120,762
Aug 2007026,71969.066.39$170,679
Jul 2007027,31270.906.39$174,467
Jun 2007025,56762.007.55$192,991
May 2007028,60558.747.85$224,443
Apr 2007026,92259.617.81$210,132
Mar 2007029,06056.927.30$212,195
Feb 2007025,30855.108.22$207,931
Jan 2007026,51550.306.73$178,362
Dec 2006029,01956.656.92$200,766
Nov 2006029,98654.207.62$228,418
Oct 2006031,64154.906.01$190,283
Sep 2006031,59560.085.04$159,150
Aug 2006030,79468.717.34$226,026
Jul 2006031,19769.376.34$197,875
Jun 2006031,95966.286.38$204,022
May 2006032,97366.016.42$211,852
Apr 2006033,37764.397.36$245,671
Mar 2006033,08856.707.08$234,360
Feb 2006029,52057.597.75$228,813
Jan 2006031,88160.598.93$284,803
Dec 2005034,50554.9413.42$462,898
Nov 2005034,22654.6910.59$362,399
Oct 2005035,74658.3413.80$493,143
Sep 2005034,56561.4512.08$417,511
Aug 2005036,95361.519.80$362,023
Jul 2005035,31555.697.84$276,998
Jun 2005036,33152.337.38$268,161
May 2005037,24445.226.65$247,716
Apr 2005037,66249.207.36$277,210
Mar 2005038,53650.377.15$275,720
Feb 2005034,67945.226.31$218,891
Jan 2005038,66743.166.32$244,461
Dec 2004041,44139.866.75$279,772
Nov 2004039,88245.286.33$252,470
Oct 2004042,29049.706.52$275,524
Sep 2004039,18443.245.28$207,044
Aug 2004041,43142.375.55$229,969
Jul 2004042,58738.286.08$259,107
Jun 2004043,27536.106.43$278,389
May 2004046,03137.486.49$298,952
Apr 2004044,79634.475.86$262,436
Mar 2004047,37934.365.53$262,013
Feb 2004045,96232.455.51$253,233
Jan 2004049,80532.036.30$313,754
Dec 2003050,74430.266.30$319,770
Nov 2003049,47328.804.60$227,336
Oct 2003052,26228.174.76$248,748
Sep 2003052,86626.314.75$251,080
Aug 2003154,20229.765.13$278,071
Jul 2003055,47329.415.17$286,842
Jun 2003153,58428.565.98$320,619
May 2003058,79126.595.97$351,140
Apr 2003056,64126.675.41$306,274
Mar 2003057,32131.146.10$349,431
Feb 2003055,78033.487.93$442,106
Jan 2003046,97730.315.58$262,227
Dec 2002074,96426.914.85$363,857
Nov 2002056,31224.664.14$232,960
Oct 2002054,96226.464.23$232,441
Sep 2002053,58227.443.64$194,781
Aug 2002060,27725.963.16$190,726
Jul 2002057,75724.583.06$176,838
Jun 2002061,88223.733.34$206,577
May 2002066,23224.663.58$237,375
Apr 2002066,53223.653.51$233,682
Mar 2002070,75522.003.10$219,533
Feb 2002059,88918.222.38$142,277
Jan 2002067,87417.172.38$161,247
Dec 2001070,80516.932.36$167,411
Nov 2001073,18718.072.41$176,053
Oct 2001081,77219.782.53$206,792
Sep 2001086,43424.262.25$194,591
Aug 2001096,67124.873.05$295,152
Jul 20010111,07923.933.20$355,128
Jun 2001083,00524.563.82$317,424
May 2001080,11425.524.31$345,077
Apr 2001090,37824.685.34$482,196
Mar 20010101,29424.545.38$544,601
Feb 2001079,58627.755.77$458,979
Jan 2001089,40827.478.40$750,916
Dec 2000099,98226.889.12$912,086
Nov 20000112,40532.215.66$635,987
Oct 20000125,67031.235.15$646,635
Sep 20000134,41531.875.19$697,143
Aug 20008136,84329.644.54$621,607
Jul 20000154,20128.534.09$630,644
Jun 20009164,85529.304.40$725,172
May 20001188,35127.263.68$693,112
Apr 20000209,20624.513.12$651,886
Mar 20004245,04228.422.86$700,873
Feb 20000371,88727.622.73$1,013,950
Jan 20009364,31725.272.48$903,916
Dec 19990295,10924.282.42$715,262
Nov 19999349,72523.192.43$851,436
Oct 19990459,07420.982.80$1,287,110
Sep 199913471,32621.752.62$1,234,615
Aug 199923502,09119.262.88$1,444,256
Jul 19990147,83117.892.37$350,710

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                6,493 Mcf  × $  3.05 =    $19,777

────────────────────────────────────────────────────
Month total                                  $19,883

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/174461 is the state's own key, not one this site invented.