SALEM

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 179768District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
May 2000 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
313
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 Gas112001-01-03142081
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
CondensateDisposition2 bbl$170
GasProduction568,740 Mcf$2,864,047
Total$2,864,217

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 30.1273, -96.4027. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.12734, -96.40268 · 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
15,265 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 15,265 ft.

Completions filed
May 2000
1 of 1 wells

1 well

42-477308782H15,265 ftMay 2000

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 (313)

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

313 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250156.664.41$4
Nov 202509858.593.93$385
Oct 202504759.383.30$155
Sep 202505162.743.08$157
Aug 2025010263.933.01$308
Jul 20250766.743.32$23
Jun 2025028866.483.13$901
May 2025016260.553.23$524
Apr 2025031562.363.54$1,116
Mar 2025035367.704.27$1,507
Feb 202505570.884.34$239
Jan 2025014174.324.28$603
Dec 2024013068.993.12$406
Nov 20240469.052.20$9
Oct 20240771.372.28$16
Sep 2024015369.612.36$362
Aug 202405975.632.06$122
Jul 2024012779.932.15$273
Jun 2024011178.082.63$292
May 2024010278.812.20$224
Apr 2024012284.451.66$202
Mar 2024015480.301.55$238
Feb 2024010476.091.78$186
Jan 2024016973.023.30$557
Dec 2023015771.262.61$410
Nov 2023011577.892.81$323
Oct 2023016485.443.09$506
Sep 2023010189.042.74$276
Aug 2023014780.522.67$393
Jul 2023020274.852.64$534
Jun 2023010668.962.26$239
May 2023038870.622.23$864
Apr 2023023978.122.24$535
Mar 2023029672.852.39$708
Feb 2023049975.112.47$1,230
Jan 202304676.533.39$156
Dec 202204276.415.73$241
Nov 2022016885.005.65$949
Oct 2022010287.185.86$598
Sep 202201584.888.16$122
Aug 2022017394.529.13$1,579
Jul 2022069101.587.54$520
Jun 20220199115.097.98$1,587
May 20220235109.378.43$1,982
Apr 20220108104.226.84$738
Mar 2022062108.885.08$315
Feb 2022017591.054.86$850
Jan 2022018081.844.54$817
Dec 202103471.323.90$133
Nov 2021025777.435.24$1,346
Oct 202103379.795.71$189
Sep 2021017069.865.35$910
Aug 202103866.024.22$160
Jul 202102970.783.98$115
Jun 202108569.493.38$287
May 20210563.483.02$15
Apr 20210060.362.76$0
Mar 202101161.302.72$30
Feb 202105657.805.55$311
Jan 202108150.412.81$228
Dec 202008844.642.68$235
Nov 202008538.772.71$230
Oct 202009036.972.48$223
Sep 202006637.091.99$131
Aug 202006039.982.39$143
Jul 202004638.371.83$84
Jun 202004134.901.69$69
May 202004816.921.81$87
Apr 202005214.751.80$94
Mar 202006930.341.86$128
Feb 202008849.881.98$174
Jan 202005357.252.09$111
Dec 201907159.012.30$164
Nov 2019013055.302.75$358
Oct 2019017553.472.42$423
Sep 2019017055.052.66$452
Aug 2019018453.112.30$424
Jul 2019019556.272.46$480
Jun 2019017852.782.49$443
May 2019017458.482.74$477
Apr 2019018262.632.75$501
Mar 2019017356.803.06$530
Feb 2019015750.852.79$438
Jan 2019018346.033.23$591
Dec 2018018546.594.19$774
Nov 2018020852.934.24$881
Oct 2018019461.443.40$659
Sep 2018020159.543.11$625
Aug 2018022159.403.07$678
Jul 2018022465.142.93$657
Jun 2018020360.183.08$625
May 2018019965.382.90$577
Apr 2018018363.842.90$531
Mar 2018019961.222.79$555
Feb 2018019261.782.77$531
Jan 2018022662.874.01$906
Dec 2017022157.272.92$646
Nov 2017020955.423.12$652
Oct 2017021949.292.98$653
Sep 2017023747.523.09$732
Aug 2017018045.373.00$541
Jul 2017021443.873.09$661
Jun 2017021342.493.09$658
May 2017023545.373.26$767
Apr 2017022847.933.21$732
Mar 2017046646.772.98$1,390
Feb 2017016,25450.452.95$47,992
Jan 2017025649.413.42$875
Dec 2016023748.763.72$882
Nov 2016025542.492.64$674
Oct 2016025246.193.09$779
Sep 2016023841.553.10$738
Aug 2016020341.442.92$594
Jul 2016022041.622.92$643
Jun 201601945.352.69$51
May 2016015042.521.99$299
Apr 2016021636.561.99$430
Mar 2016021733.011.79$389
Feb 2016021026.472.06$433
Jan 2016025927.352.36$612
Dec 2015026332.362.00$526
Nov 2015024738.792.17$535
Oct 2015022843.552.43$553
Sep 2015024542.992.76$676
Aug 2015019040.162.87$546
Jul 2015018748.152.95$551
Jun 2015022756.152.88$654
May 2015019255.212.96$567
Apr 2015025449.822.71$687
Mar 2015033142.892.93$971
Feb 2015048044.662.98$1,429
Jan 201501,39943.433.10$4,338
Dec 2014013154.693.59$470
Nov 2014027570.464.25$1,169
Oct 2014027278.303.90$1,061
Sep 2014027586.164.05$1,113
Aug 2014027089.394.04$1,089
Jul 2014028196.564.18$1,174
Jun 2014026198.164.74$1,236
May 2014024994.734.73$1,177
Apr 2014024795.944.81$1,188
Mar 2014027295.895.06$1,375
Feb 2014019797.406.19$1,220
Jan 2014013590.404.86$656
Dec 2013019891.824.35$862
Nov 2013027488.853.74$1,024
Oct 2013027797.423.78$1,047
Sep 20130299104.113.72$1,112
Aug 20130327104.253.52$1,152
Jul 20130293102.523.72$1,089
Jun 2013029294.403.93$1,149
May 2013033094.834.15$1,369
Apr 2013026393.964.28$1,126
Mar 2013032993.623.91$1,287
Feb 2013028391.233.42$968
Jan 2013031391.603.42$1,070
Dec 2012036886.773.42$1,259
Nov 2012026086.953.62$942
Oct 2012038589.383.40$1,309
Sep 2012028994.672.92$843
Aug 2012036292.662.91$1,053
Jul 2012039685.133.02$1,196
Jun 2012030579.822.52$768
May 2012039991.612.49$993
Apr 20120488101.652.00$974
Mar 201201,055105.052.22$2,344
Feb 20120852101.102.57$2,190
Jan 2012035098.092.73$957
Dec 2011038896.873.24$1,257
Nov 2011025695.723.31$848
Oct 2011028784.983.65$1,047
Sep 2011029383.623.99$1,168
Aug 2011031783.404.15$1,315
Jul 2011031394.144.52$1,414
Jun 2011030692.904.64$1,420
May 2011032398.134.40$1,423
Apr 20110399105.964.33$1,729
Mar 2011071596.364.06$2,901
Feb 2011093285.644.18$3,896
Jan 2011064186.504.59$2,941
Dec 2010095685.734.35$4,156
Nov 2010071880.843.80$2,725
Oct 2010093078.103.51$3,263
Sep 2010063972.633.98$2,543
Aug 2010051973.684.42$2,294
Jul 2010053672.554.74$2,539
Jun 2010050470.364.91$2,475
May 2010086171.124.24$3,647
Apr 2010054381.694.12$2,239
Mar 2010074678.394.39$3,274
Feb 2010066273.585.44$3,603
Jan 2010090474.365.96$5,392
Dec 200901,07971.445.48$5,917
Nov 200901,04574.593.75$3,920
Oct 2009077972.544.11$3,202
Sep 2009053365.543.06$1,634
Aug 2009043767.423.22$1,406
Jul 2009048761.133.46$1,687
Jun 2009091366.163.90$3,556
May 200901,08754.743.93$4,267
Apr 2009073546.773.59$2,637
Mar 2009079642.144.06$3,231
Feb 2009087132.814.63$4,035
Jan 2009062835.865.37$3,373
Dec 2008072537.105.98$4,333
Nov 2008076855.496.86$5,269
Oct 2008091975.246.92$6,361
Sep 20080672101.767.88$5,293
Aug 20080564114.228.48$4,784
Jul 20080686131.0811.39$7,813
Jun 200801,084131.3313.03$14,127
May 20080476123.1711.57$5,509
Apr 20081875110.3110.45$9,258
Mar 20080927101.909.66$8,959
Feb 200801,00992.538.77$8,850
Jan 200801,52690.388.21$12,522
Dec 2007077788.337.30$5,674
Nov 2007083591.677.29$6,089
Oct 200701,13982.856.92$7,884
Sep 2007044275.846.24$2,760
Aug 200701,20269.066.39$7,678
Jul 200701,45770.906.39$9,307
Jun 200701,15162.007.55$8,688
May 200701,42858.747.85$11,204
Apr 200711,63059.617.81$12,782
Mar 200701,24256.927.30$9,069
Feb 200701,33055.108.22$10,927
Jan 2007095350.306.73$6,411
Dec 200601,64256.656.92$11,360
Nov 200601,88554.207.62$14,359
Oct 200601,97054.906.01$11,847
Sep 200601,41160.085.04$7,107
Aug 200601,52768.717.34$11,208
Jul 200601,79869.376.34$11,404
Jun 200602,24166.286.38$14,306
May 200601,78466.016.42$11,462
Apr 200602,09864.397.36$15,442
Mar 200602,81456.707.08$19,931
Feb 200602,43057.597.75$18,835
Jan 200602,10460.598.93$18,796
Dec 200502,41654.9413.42$32,412
Nov 200502,27754.6910.59$24,110
Oct 200501,90958.3413.80$26,336
Sep 200501,86461.4512.08$22,515
Aug 200501,85661.519.80$18,183
Jul 200501,47655.697.84$11,577
Jun 2005085752.337.38$6,326
May 200502,45245.226.65$16,309
Apr 200502,37349.207.36$17,466
Mar 200501,86950.377.15$13,372
Feb 200502,16945.226.31$13,691
Jan 200502,07843.166.32$13,138
Dec 200402,12239.866.75$14,326
Nov 200401,47045.286.33$9,306
Oct 200402,08249.706.52$13,564
Sep 2004086643.245.28$4,576
Aug 200401,49642.375.55$8,304
Jul 200401,74938.286.08$10,641
Jun 200401,33636.106.43$8,595
May 200403,45237.486.49$22,419
Apr 200402,25334.475.86$13,199
Mar 200403,02434.365.53$16,723
Feb 200402,75532.455.51$15,179
Jan 200401,18532.036.30$7,465
Dec 200302,04230.266.30$12,868
Nov 200302,03128.804.60$9,333
Oct 200302,31428.174.76$11,014
Sep 200303,27726.314.75$15,564
Aug 200302,50829.765.13$12,865
Jul 200303,33029.415.17$17,219
Jun 200302,44428.565.98$14,622
May 200302,95126.595.97$17,625
Apr 200302,54226.675.41$13,745
Mar 200303,16931.146.10$19,318
Feb 200304,72333.487.93$37,434
Jan 200304,04530.315.58$22,579
Dec 200203,19926.914.85$15,527
Nov 200203,33124.664.14$13,780
Oct 200207,69026.464.23$32,522
Sep 200203,59227.443.64$13,058
Aug 200204,55925.963.16$14,425
Jul 200204,78624.583.06$14,654
Jun 200203,46623.733.34$11,570
May 200205,38524.663.58$19,300
Apr 200206,17623.653.51$21,692
Mar 200208,53422.003.10$26,479
Feb 200206,70118.222.38$15,919
Jan 200207,90417.172.38$18,777
Dec 200107,78416.932.36$18,404
Nov 200109,36118.072.41$22,518
Oct 2001011,38519.782.53$28,791
Sep 200109,08024.262.25$20,442
Aug 200104,81024.873.05$14,686
Jul 200107,34223.933.20$23,473
Jun 200104,93424.563.82$18,868
May 2001012,13225.524.31$52,256
Apr 200109,03324.685.34$48,194
Mar 2001013,06724.545.38$70,254
Feb 200109,94527.755.77$57,354
Jan 2001023,80127.478.40$199,899
Dec 2000019,32126.889.12$176,256
Nov 200008,27732.215.66$46,831
Oct 2000020,76031.235.15$106,821
Sep 2000022,56031.875.19$117,007
Aug 2000026,28129.644.54$119,335
Jul 2000028,58728.534.09$116,914
Jun 2000027,66529.304.40$121,650
May 2000023,58627.263.68$86,791

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.

Dec 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.66 =         $0
Gas                    1 Mcf  × $  4.41 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/179768 is the state's own key, not one this site invented.