PAAPE UNIT

Name: PAAPE UNIT lease production and value, Oct 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 175997District 03Field 347335002 tax incentive programmesCondensateGasSave Export

Value, all time

$6.3 M

Oct 1999 – May 2026

Value, last 12 filed months

$45 k

at the published price for each month

Months reported

320

no gaps in the span

Streams

condensate, gas

The GIDDINGS (AUSTIN CHALK-3) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2000-05-05	141441
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	19,141 bbl	$757,709
Gas	Production	1,296,979 Mcf	$5,529,771
Total			$6,287,480

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 30.0661, -96.7058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.06605, -96.70581 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,983 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 11,983 ft.

Completions filed

Oct 1999

1 of 1 wells

1 well


42-14931822	1RE	11,983 ft	Oct 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 (320)

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

320 months


May 2026	1	13	106.41	3.05	$146
Apr 2026	0	7	98.93	2.87	$20
Mar 2026	0	547	89.75	3.15	$1,723
Feb 2026	0	609	63.50	3.75	$2,284
Jan 2026	0	1,159	59.13	8.00	$9,270
Dec 2025	0	500	56.66	4.41	$2,207
Nov 2025	0	507	58.59	3.93	$1,991
Oct 2025	0	983	59.38	3.30	$3,249
Sep 2025	0	880	62.74	3.08	$2,708
Aug 2025	189	990	63.93	3.01	$15,067
Jul 2025	0	974	66.74	3.32	$3,229
Jun 2025	0	1,130	66.48	3.13	$3,535
May 2025	0	989	60.55	3.23	$3,197
Apr 2025	0	929	62.36	3.54	$3,292
Mar 2025	0	993	67.70	4.27	$4,238
Feb 2025	1	2,078	70.88	4.34	$9,091
Jan 2025	0	321	74.32	4.28	$1,373
Dec 2024	2	175	68.99	3.12	$684
Nov 2024	170	1,163	69.05	2.20	$14,295
Oct 2024	0	1,192	71.37	2.28	$2,719
Sep 2024	0	1,031	69.61	2.36	$2,438
Aug 2024	1	1,057	75.63	2.06	$2,257
Jul 2024	0	629	79.93	2.15	$1,350
Jun 2024	1	856	78.08	2.63	$2,333
May 2024	0	1,831	78.81	2.20	$4,025
Apr 2024	0	413	84.45	1.66	$685
Mar 2024	0	562	80.30	1.55	$868
Feb 2024	1	1,522	76.09	1.78	$2,791
Jan 2024	181	1,380	73.02	3.30	$17,767
Dec 2023	0	593	71.26	2.61	$1,548
Nov 2023	0	810	77.89	2.81	$2,274
Oct 2023	0	552	85.44	3.09	$1,704
Sep 2023	0	787	89.04	2.74	$2,152
Aug 2023	0	1,048	80.52	2.67	$2,801
Jul 2023	2	1,160	74.85	2.64	$3,214
Jun 2023	1	1,443	68.96	2.26	$3,328
May 2023	0	848	70.62	2.23	$1,889
Apr 2023	0	1,121	78.12	2.24	$2,509
Mar 2023	1	888	72.85	2.39	$2,198
Feb 2023	0	810	75.11	2.47	$1,997
Jan 2023	177	1,084	76.53	3.39	$17,218
Dec 2022	0	744	76.41	5.73	$4,262
Nov 2022	0	379	85.00	5.65	$2,140
Oct 2022	0	1,600	87.18	5.86	$9,382
Sep 2022	0	176	84.88	8.16	$1,437
Aug 2022	0	101	94.52	9.13	$922
Jul 2022	1	823	101.58	7.54	$6,309
Jun 2022	1	781	115.09	7.98	$6,345
May 2022	0	869	109.37	8.43	$7,328
Apr 2022	0	849	104.22	6.84	$5,805
Mar 2022	1	810	108.88	5.08	$4,221
Feb 2022	2	842	91.05	4.86	$4,273
Jan 2022	1	1,041	81.84	4.54	$4,806
Dec 2021	189	821	71.32	3.90	$16,681
Nov 2021	1	925	77.43	5.24	$4,922
Oct 2021	0	919	79.79	5.71	$5,251
Sep 2021	0	1,149	69.86	5.35	$6,148
Aug 2021	0	1,533	66.02	4.22	$6,470
Jul 2021	0	1,313	70.78	3.98	$5,228
Jun 2021	0	1,468	69.49	3.38	$4,963
May 2021	0	1,685	63.48	3.02	$5,085
Apr 2021	0	1,336	60.36	2.76	$3,685
Mar 2021	0	2,156	61.30	2.72	$5,858
Feb 2021	179	1,659	57.80	5.55	$19,550
Jan 2021	0	2,108	50.41	2.81	$5,924
Dec 2020	0	1,230	44.64	2.68	$3,291
Nov 2020	0	1,056	38.77	2.71	$2,858
Oct 2020	0	978	36.97	2.48	$2,424
Sep 2020	0	822	37.09	1.99	$1,637
Aug 2020	0	976	39.98	2.39	$2,328
Jul 2020	0	770	38.37	1.83	$1,405
Jun 2020	0	899	34.90	1.69	$1,520
May 2020	0	896	16.92	1.81	$1,626
Apr 2020	3	556	14.75	1.80	$1,047
Mar 2020	163	119	30.34	1.86	$5,166
Feb 2020	0	617	49.88	1.98	$1,222
Jan 2020	0	395	57.25	2.09	$827
Dec 2019	0	753	59.01	2.30	$1,735
Nov 2019	0	786	55.30	2.75	$2,162
Oct 2019	0	1,216	53.47	2.42	$2,941
Sep 2019	0	132	55.05	2.66	$351
Aug 2019	0	406	53.11	2.30	$936
Jul 2019	0	932	56.27	2.46	$2,293
Jun 2019	0	1,027	52.78	2.49	$2,558
May 2019	0	965	58.48	2.74	$2,644
Apr 2019	0	1,133	62.63	2.75	$3,117
Mar 2019	0	349	56.80	3.06	$1,069
Feb 2019	161	809	50.85	2.79	$10,446
Jan 2019	0	856	46.03	3.23	$2,763
Dec 2018	0	655	46.59	4.19	$2,741
Nov 2018	0	935	52.93	4.24	$3,962
Oct 2018	0	1,039	61.44	3.40	$3,531
Sep 2018	0	1,265	59.54	3.11	$3,932
Aug 2018	0	1,361	59.40	3.07	$4,174
Jul 2018	0	1,347	65.14	2.93	$3,949
Jun 2018	0	1,316	60.18	3.08	$4,049
May 2018	178	1,399	65.38	2.90	$15,696
Apr 2018	0	1,399	63.84	2.90	$4,058
Mar 2018	0	1,395	61.22	2.79	$3,888
Feb 2018	2	1,367	61.78	2.77	$3,905
Jan 2018	0	1,358	62.87	4.01	$5,445
Dec 2017	0	1,332	57.27	2.92	$3,891
Nov 2017	0	1,315	55.42	3.12	$4,101
Oct 2017	0	1,483	49.29	2.98	$4,425
Sep 2017	0	1,605	47.52	3.09	$4,955
Aug 2017	0	1,143	45.37	3.00	$3,434
Jul 2017	0	1,563	43.87	3.09	$4,825
Jun 2017	0	1,447	42.49	3.09	$4,467
May 2017	190	1,289	45.37	3.26	$12,827
Apr 2017	0	1,251	47.93	3.21	$4,018
Mar 2017	0	1,539	46.77	2.98	$4,592
Feb 2017	0	1,788	50.45	2.95	$5,279
Jan 2017	0	656	49.41	3.42	$2,243
Dec 2016	0	1,559	48.76	3.72	$5,804
Nov 2016	0	715	42.49	2.64	$1,891
Oct 2016	0	1,510	46.19	3.09	$4,666
Sep 2016	0	354	41.55	3.10	$1,098
Aug 2016	0	601	41.44	2.92	$1,758
Jul 2016	0	1,451	41.62	2.92	$4,243
Jun 2016	193	1,199	45.35	2.69	$11,973
May 2016	0	1,083	42.52	1.99	$2,156
Apr 2016	0	1,082	36.56	1.99	$2,154
Mar 2016	0	1,255	33.01	1.79	$2,251
Feb 2016	0	1,013	26.47	2.06	$2,090
Jan 2016	0	1,112	27.35	2.36	$2,629
Dec 2015	0	1,227	32.36	2.00	$2,456
Nov 2015	0	1,239	38.79	2.17	$2,685
Oct 2015	0	1,309	43.55	2.43	$3,176
Sep 2015	0	1,229	42.99	2.76	$3,390
Aug 2015	0	1,361	40.16	2.87	$3,909
Jul 2015	0	1,463	48.15	2.95	$4,309
Jun 2015	0	1,258	56.15	2.88	$3,627
May 2015	188	1,792	55.21	2.96	$15,676
Apr 2015	0	1,223	49.82	2.71	$3,310
Mar 2015	0	1,368	42.89	2.93	$4,015
Feb 2015	0	1,269	44.66	2.98	$3,777
Jan 2015	0	1,368	43.43	3.10	$4,242
Dec 2014	0	1,769	54.69	3.59	$6,353
Nov 2014	0	992	70.46	4.25	$4,218
Oct 2014	0	1,603	78.30	3.90	$6,253
Sep 2014	0	1,492	86.16	4.05	$6,036
Aug 2014	0	1,859	89.39	4.04	$7,501
Jul 2014	187	1,374	96.56	4.18	$23,799
Jun 2014	0	1,191	98.16	4.74	$5,642
May 2014	0	1,391	94.73	4.73	$6,575
Apr 2014	0	1,373	95.94	4.81	$6,603
Mar 2014	0	1,355	95.89	5.06	$6,852
Feb 2014	0	1,408	97.40	6.19	$8,718
Jan 2014	0	1,243	90.40	4.86	$6,042
Dec 2013	0	1,134	91.82	4.35	$4,938
Nov 2013	0	1,522	88.85	3.74	$5,690
Oct 2013	174	1,445	97.42	3.78	$22,412
Sep 2013	0	1,409	104.11	3.72	$5,238
Aug 2013	0	1,405	104.25	3.52	$4,949
Jul 2013	0	1,510	102.52	3.72	$5,614
Jun 2013	0	1,693	94.40	3.93	$6,659
May 2013	0	2,148	94.83	4.15	$8,912
Apr 2013	0	940	93.96	4.28	$4,026
Mar 2013	0	1,569	93.62	3.91	$6,139
Feb 2013	0	1,229	91.23	3.42	$4,203
Jan 2013	196	1,498	91.60	3.42	$23,077
Dec 2012	0	1,434	86.77	3.42	$4,905
Nov 2012	0	1,569	86.95	3.62	$5,688
Oct 2012	0	1,459	89.38	3.40	$4,960
Sep 2012	0	1,610	94.67	2.92	$4,699
Aug 2012	0	1,672	92.66	2.91	$4,862
Jul 2012	0	1,887	85.13	3.02	$5,700
Jun 2012	0	1,549	79.82	2.52	$3,902
May 2012	0	1,741	91.61	2.49	$4,332
Apr 2012	193	1,678	101.65	2.00	$22,969
Mar 2012	0	1,678	105.05	2.22	$3,729
Feb 2012	0	1,499	101.10	2.57	$3,853
Jan 2012	0	1,621	98.09	2.73	$4,432
Dec 2011	0	1,740	96.87	3.24	$5,637
Nov 2011	0	1,641	95.72	3.31	$5,434
Oct 2011	0	1,708	84.98	3.65	$6,232
Sep 2011	192	1,858	83.62	3.99	$23,461
Aug 2011	0	1,943	83.40	4.15	$8,062
Jul 2011	0	1,952	94.14	4.52	$8,818
Jun 2011	0	1,779	92.90	4.64	$8,254
May 2011	0	1,690	98.13	4.40	$7,444
Apr 2011	0	1,834	105.96	4.33	$7,947
Mar 2011	0	2,111	96.36	4.06	$8,565
Feb 2011	197	1,505	85.64	4.18	$23,162
Jan 2011	0	1,845	86.50	4.59	$8,466
Dec 2010	0	2,068	85.73	4.35	$8,991
Nov 2010	0	1,598	80.84	3.80	$6,065
Oct 2010	0	2,050	78.10	3.51	$7,193
Sep 2010	0	1,979	72.63	3.98	$7,875
Aug 2010	0	2,131	73.68	4.42	$9,418
Jul 2010	0	2,380	72.55	4.74	$11,273
Jun 2010	0	2,237	70.36	4.91	$10,985
May 2010	0	2,177	71.12	4.24	$9,220
Apr 2010	189	300	81.69	4.12	$16,676
Mar 2010	0	1,903	78.39	4.39	$8,352
Feb 2010	0	1,823	73.58	5.44	$9,921
Jan 2010	0	2,062	74.36	5.96	$12,298
Dec 2009	0	2,017	71.44	5.48	$11,061
Nov 2009	0	2,148	74.59	3.75	$8,058
Oct 2009	0	2,076	72.54	4.11	$8,533
Sep 2009	185	2,064	65.54	3.06	$18,451
Aug 2009	0	2,009	67.42	3.22	$6,466
Jul 2009	0	2,838	61.13	3.46	$9,832
Jun 2009	0	1,116	66.16	3.90	$4,347
May 2009	0	2,370	54.74	3.93	$9,304
Apr 2009	0	1,988	46.77	3.59	$7,132
Mar 2009	0	2,835	42.14	4.06	$11,507
Feb 2009	0	2,034	32.81	4.63	$9,424
Jan 2009	197	2,055	35.86	5.37	$18,102
Dec 2008	0	1,892	37.10	5.98	$11,309
Nov 2008	0	2,491	55.49	6.86	$17,089
Oct 2008	0	2,749	75.24	6.92	$19,029
Sep 2008	0	2,308	101.76	7.88	$18,180
Aug 2008	0	2,300	114.22	8.48	$19,511
Jul 2008	196	2,241	131.08	11.39	$51,215
Jun 2008	0	2,608	131.33	13.03	$33,989
May 2008	0	2,732	123.17	11.57	$31,621
Apr 2008	0	2,559	110.31	10.45	$26,754
Mar 2008	0	2,630	101.90	9.66	$25,417
Feb 2008	0	2,622	92.53	8.77	$22,996
Jan 2008	198	3,151	90.38	8.21	$43,752
Dec 2007	0	3,963	88.33	7.30	$28,938
Nov 2007	0	617	91.67	7.29	$4,499
Oct 2007	0	2,802	82.85	6.92	$19,395
Sep 2007	0	2,660	75.84	6.24	$16,609
Aug 2007	192	3,065	69.06	6.39	$32,839
Jul 2007	2	2,980	70.90	6.39	$19,178
Jun 2007	3	3,044	62.00	7.55	$23,163
May 2007	3	3,186	58.74	7.85	$25,174
Apr 2007	200	3,192	59.61	7.81	$36,836
Mar 2007	1	4,217	56.92	7.30	$30,849
Feb 2007	0	1,952	55.10	8.22	$16,038
Jan 2007	1	2,074	50.30	6.73	$14,002
Dec 2006	184	2,973	56.65	6.92	$30,992
Nov 2006	2	3,124	54.20	7.62	$23,905
Oct 2006	1	3,306	54.90	6.01	$19,937
Sep 2006	4	3,226	60.08	5.04	$16,490
Aug 2006	1	3,795	68.71	7.34	$27,924
Jul 2006	180	3,701	69.37	6.34	$35,961
Jun 2006	3	3,512	66.28	6.38	$22,619
May 2006	3	3,742	66.01	6.42	$24,240
Apr 2006	2	3,822	64.39	7.36	$28,261
Mar 2006	187	4,218	56.70	7.08	$40,479
Feb 2006	1	3,990	57.59	7.75	$30,985
Jan 2006	181	4,760	60.59	8.93	$53,489
Dec 2005	0	5,056	54.94	13.42	$67,828
Nov 2005	192	5,384	54.69	10.59	$67,508
Oct 2005	0	4,662	58.34	13.80	$64,316
Sep 2005	3	3,260	61.45	12.08	$39,562
Aug 2005	3	3,595	61.51	9.80	$35,404
Jul 2005	1	2,262	55.69	7.84	$17,798
Jun 2005	1	1,946	52.33	7.38	$14,416
May 2005	236	1,731	45.22	6.65	$22,185
Apr 2005	1	4,513	49.20	7.36	$33,267
Mar 2005	6	4,974	50.37	7.15	$35,891
Feb 2005	5	4,251	45.22	6.31	$27,058
Jan 2005	180	3,774	43.16	6.32	$31,629
Dec 2004	2	3,998	39.86	6.75	$27,071
Nov 2004	0	4,435	45.28	6.33	$28,075
Oct 2004	164	2,169	49.70	6.52	$22,282
Sep 2004	0	1,535	43.24	5.28	$8,111
Aug 2004	1	927	42.37	5.55	$5,188
Jul 2004	1	1,737	38.28	6.08	$10,607
Jun 2004	0	325	36.10	6.43	$2,091
May 2004	0	2,315	37.48	6.49	$15,035
Apr 2004	174	1,965	34.47	5.86	$17,510
Mar 2004	1	3,232	34.36	5.53	$17,908
Feb 2004	0	879	32.45	5.51	$4,843
Jan 2004	180	3,003	32.03	6.30	$24,683
Dec 2003	0	3,287	30.26	6.30	$20,713
Nov 2003	1	3,828	28.80	4.60	$17,619
Oct 2003	176	5,254	28.17	4.76	$29,965
Sep 2003	179	5,193	26.31	4.75	$29,373
Aug 2003	0	4,929	29.76	5.13	$25,284
Jul 2003	182	5,545	29.41	5.17	$34,025
Jun 2003	181	5,609	28.56	5.98	$38,728
May 2003	0	6,974	26.59	5.97	$41,653
Apr 2003	178	6,286	26.67	5.41	$38,737
Mar 2003	0	7,656	31.14	6.10	$46,671
Feb 2003	180	6,596	33.48	7.93	$58,306
Jan 2003	179	6,922	30.31	5.58	$44,064
Dec 2002	182	7,206	26.91	4.85	$39,874
Nov 2002	0	7,074	24.66	4.14	$29,265
Oct 2002	184	7,213	26.46	4.23	$35,373
Sep 2002	0	7,504	27.44	3.64	$27,279
Aug 2002	182	7,473	25.96	3.16	$28,370
Jul 2002	179	7,914	24.58	3.06	$28,631
Jun 2002	0	7,905	23.73	3.34	$26,389
May 2002	178	8,895	24.66	3.58	$36,269
Apr 2002	183	8,465	23.65	3.51	$34,060
Mar 2002	179	9,310	22.00	3.10	$32,824
Feb 2002	0	7,723	18.22	2.38	$18,347
Jan 2002	363	9,563	17.17	2.38	$28,951
Dec 2001	0	10,605	16.93	2.36	$25,074
Nov 2001	368	9,811	18.07	2.41	$30,250
Oct 2001	0	10,429	19.78	2.53	$26,374
Sep 2001	180	10,432	24.26	2.25	$27,853
Aug 2001	353	10,752	24.87	3.05	$41,607
Jul 2001	183	11,308	23.93	3.20	$40,532
Jun 2001	0	11,585	24.56	3.82	$44,303
May 2001	361	13,605	25.52	4.31	$67,814
Apr 2001	180	14,188	24.68	5.34	$80,140
Mar 2001	184	14,913	24.54	5.38	$84,694
Feb 2001	190	13,363	27.75	5.77	$82,338
Jan 2001	378	16,148	27.47	8.40	$146,007
Dec 2000	186	15,265	26.88	9.12	$144,255
Nov 2000	367	14,183	32.21	5.66	$92,068
Oct 2000	183	18,321	31.23	5.15	$99,986
Sep 2000	179	19,073	31.87	5.19	$104,627
Aug 2000	360	22,072	29.64	4.54	$110,894
Jul 2000	356	25,390	28.53	4.09	$113,995
Jun 2000	538	28,005	29.30	4.40	$138,908
May 2000	179	30,037	27.26	3.68	$115,408
Apr 2000	721	34,858	24.51	3.12	$126,289
Mar 2000	182	44,064	28.42	2.86	$131,184
Feb 2000	536	34,417	27.62	2.73	$108,642
Jan 2000	916	51,044	25.27	2.48	$149,762
Dec 1999	1,130	71,749	24.28	2.42	$201,336
Nov 1999	1,458	105,859	23.19	2.43	$291,471
Oct 1999	0	25,618	20.98	2.80	$71,825

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                   13 Mcf  × $  3.05 =        $40

────────────────────────────────────────────────────
Month total                                     $146

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/175997 is the state's own key, not one this site invented.