DOC UNIT

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 179780District 03Field 34773550NGPA filingCondensateGasSaveExport
Value, all time
$15.2 M
Feb 2000 – Oct 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
237
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
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
CondensateDisposition104,016 bbl$4,166,464
GasProduction2,371,630 Mcf$10,987,132
Total$15,153,596

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 30.0273, -96.7507. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.02727, -96.75073 · 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
11,880 ft
1 wells filed one
Completion to plug
19.7 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 11,880 ft.

Completions filed
Feb 2000
1 of 1 wells
Plug dates filed
Oct 2019
1 of 1 wells

Last completion to plug: a median of 19.7 years across the 1 well that filed both dates, with the middle half between 19.7 years and 19.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-149317671RE11,880 ftFeb 2000Oct 2019Yes

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 (237)

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

237 months

Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017245045.373.26$11,116
Apr 2017039947.933.21$1,281
Mar 201701,60346.772.98$4,783
Feb 201701,47750.452.95$4,361
Jan 201701,75449.413.42$5,997
Dec 2016067048.763.72$2,494
Nov 201619495242.492.64$10,760
Oct 201602,29746.193.09$7,098
Sep 20161792,20841.553.10$14,284
Aug 201602,25341.442.92$6,589
Jul 20161892,41541.622.92$14,928
Jun 201602,41745.352.69$6,492
May 20161872,44642.521.99$12,821
Apr 201602,23836.561.99$4,456
Mar 201602,27233.011.79$4,076
Feb 20161842,28026.472.06$9,576
Jan 201602,60327.352.36$6,154
Dec 201502,72132.362.00$5,446
Nov 20151952,81338.792.17$13,661
Oct 201503,09843.552.43$7,518
Sep 201503,50842.992.76$9,677
Aug 20151853,80240.162.87$18,351
Jul 20151943,87648.152.95$20,756
Jun 2015573,81156.152.88$14,187
May 20151944,03155.212.96$22,624
Apr 201503,98249.822.71$10,778
Mar 20151954,16742.892.93$20,592
Feb 20151923,82244.662.98$19,950
Jan 201504,22843.433.10$13,109
Dec 20141864,03454.693.59$24,660
Nov 20141923,85770.464.25$29,928
Oct 201404,08078.303.90$15,916
Sep 20141905,30386.164.05$37,823
Aug 20141885,66689.394.04$39,668
Jul 20141935,54696.564.18$41,816
Jun 20141915,31698.164.74$43,930
May 201405,52794.734.73$26,124
Apr 20141965,53495.944.81$45,418
Mar 20141966,01495.895.06$49,206
Feb 20141975,22597.406.19$51,541
Jan 20141965,01090.404.86$42,071
Dec 20131955,97091.824.35$43,901
Nov 20131906,36188.853.74$40,661
Oct 20131936,26697.423.78$42,484
Sep 201305,295104.113.72$19,685
Aug 20131835,143104.253.52$37,195
Jul 20131865,161102.523.72$38,256
Jun 20131925,76094.403.93$40,781
May 20131945,92694.834.15$42,984
Apr 20131946,04693.964.28$44,121
Mar 20131914,92493.623.91$37,148
Feb 20131953,89891.233.42$31,121
Jan 20131963,61691.603.42$30,320
Dec 201205,20086.773.42$17,785
Nov 20121885,31186.953.62$35,599
Oct 20123846,20689.383.40$55,420
Sep 20121936,72194.672.92$37,886
Aug 20121935,77292.662.91$34,669
Jul 20123786,25685.133.02$51,077
Jun 20121934,20979.822.52$26,008
May 20121942,81091.612.49$24,765
Apr 20121862,530101.652.00$23,959
Mar 20123816,466105.052.22$54,392
Feb 201258510,392101.102.57$85,853
Jan 20123836,59398.092.73$55,594
Dec 20111986,47596.873.24$40,158
Nov 20111973,90795.723.31$31,794
Oct 20110284.983.65$7
Sep 20111924,19583.623.99$32,775
Aug 20111935,53783.404.15$39,071
Jul 20111895,59194.144.52$43,048
Jun 20113855,39492.904.64$60,794
May 20111946,01498.134.40$45,528
Apr 20111945,475105.964.33$44,281
Mar 20111944,96696.364.06$38,843
Feb 20111952,81885.644.18$28,479
Jan 20111963,20786.504.59$31,670
Dec 20101974,28685.734.35$35,523
Nov 201003,92980.843.80$14,912
Oct 20101943,93178.103.51$28,945
Sep 20101923,62372.633.98$28,363
Aug 20101923,73073.684.42$30,631
Jul 201003,75972.554.74$17,804
Jun 20101923,19170.364.91$29,178
May 20101942,69571.124.24$25,211
Apr 201001,78281.694.12$7,347
Mar 20103914,87178.394.39$52,028
Feb 20100173.585.44$5
Jan 2010047074.365.96$2,803
Dec 200905571.445.48$302
Nov 2009011074.593.75$413
Oct 20091931,88872.544.11$21,760
Sep 200903,99965.543.06$12,256
Aug 20091853,45167.423.22$23,580
Jul 20091893,75761.133.46$24,570
Jun 20091863,82166.163.90$27,189
May 20091904,29054.743.93$27,242
Apr 200903,72946.773.59$13,378
Mar 20093884,63842.144.06$35,176
Feb 20091934,24432.814.63$25,995
Jan 20091994,84735.865.37$33,169
Dec 20081974,71337.105.98$35,479
Nov 20081973,76355.496.86$36,747
Oct 20081973,96675.246.92$42,275
Sep 20081833,680101.767.88$47,610
Aug 20081944,532114.228.48$60,604
Jul 20083415,068131.0811.39$102,420
Jun 20081924,473131.3313.03$83,510
May 200804,147123.1711.57$47,999
Apr 20083944,538110.3110.45$90,906
Mar 20083935,359101.909.66$91,836
Feb 20081974,42392.538.77$57,021
Jan 20081974,72290.388.21$56,552
Dec 20071964,99988.337.30$53,815
Nov 20071955,04791.677.29$54,677
Oct 20071955,15782.856.92$51,852
Sep 20073855,03675.846.24$60,644
Aug 20071915,21969.066.39$46,529
Jul 20071994,83370.906.39$44,982
Jun 20073926,64462.007.55$74,456
May 20071976,16358.747.85$59,928
Apr 20073965,19759.617.81$64,169
Mar 20071945,42556.927.30$50,656
Feb 20073944,84355.108.22$61,499
Jan 20071825,59250.306.73$46,771
Dec 20061895,85956.656.92$51,242
Nov 20061905,48754.207.62$52,095
Oct 20063765,93054.906.01$56,304
Sep 20061805,64160.085.04$39,229
Aug 20061846,34068.717.34$59,178
Jul 20063736,02869.376.34$64,109
Jun 20061826,05566.286.38$50,717
May 20061856,21566.016.42$52,143
Apr 20063756,13464.397.36$69,295
Mar 20061846,33556.707.08$55,303
Feb 20063775,89857.597.75$67,428
Jan 20061886,56760.598.93$70,056
Dec 20053786,86354.9413.42$112,837
Nov 20053717,36354.6910.59$98,252
Oct 20053318,19658.3413.80$132,381
Sep 20053176,26661.4512.08$95,167
Aug 20053376,83461.519.80$87,680
Jul 20052826,62755.697.84$67,684
Jun 20053416,60352.337.38$66,582
May 20053697,34845.226.65$65,559
Apr 20051956,81049.207.36$59,719
Mar 20055467,19650.377.15$78,989
Feb 20051696,81045.226.31$50,626
Jan 20053527,34543.166.32$61,629
Dec 20043576,80739.866.75$60,185
Nov 20043427,95345.286.33$65,832
Oct 20043607,69249.706.52$68,006
Sep 20043597,75643.245.28$56,505
Aug 20043638,06742.375.55$60,157
Jul 20043478,69438.286.08$66,179
Jun 20045287,89136.106.43$69,824
May 20043628,80237.486.49$70,733
Apr 20043568,69734.475.86$63,222
Mar 20045729,04134.365.53$69,652
Feb 20043698,93132.455.51$61,180
Jan 20047309,99632.036.30$86,353
Dec 20031819,05630.266.30$62,545
Nov 20033669,89028.804.60$55,987
Oct 200337510,38628.174.76$59,997
Sep 20033589,31126.314.75$53,640
Aug 200335411,57129.765.13$69,891
Jul 200353812,54429.415.17$80,686
Jun 200354912,37228.565.98$89,701
May 200373713,15026.595.97$98,138
Apr 200337112,73626.675.41$78,762
Mar 200355712,93631.146.10$96,203
Feb 200354611,53033.487.93$109,665
Jan 200356413,52430.315.58$92,586
Dec 200273813,92526.914.85$87,448
Nov 200236414,61524.664.14$69,438
Oct 200272716,45826.464.23$88,839
Sep 200271716,95427.443.64$81,306
Aug 200271718,40225.963.16$76,840
Jul 200291221,47824.583.06$88,177
Jun 200289022,65423.733.34$96,744
May 20021,06822,11724.663.58$105,604
Apr 200290119,06723.653.51$88,278
Mar 200254919,80322.003.10$73,521
Feb 200271717,28618.222.38$54,130
Jan 20021,08120,39817.172.38$67,020
Dec 200191222,67816.932.36$69,060
Nov 20011,06822,91918.072.41$74,431
Oct 200189925,60819.782.53$82,542
Sep 20011,07826,54824.262.25$85,920
Aug 20011,08628,49024.873.05$113,993
Jul 20011,43629,23023.933.20$127,814
Jun 200190430,10824.563.82$137,340
May 20011,43833,40425.524.31$180,579
Apr 20011,65735,49324.685.34$230,261
Mar 20011,46539,88224.545.38$250,374
Feb 20011,28835,80627.755.77$242,238
Jan 20012,01439,20327.478.40$384,581
Dec 20002,01143,21626.889.12$448,294
Nov 20002,00439,32632.215.66$287,055
Oct 20002,53344,67531.235.15$308,981
Sep 20002,34646,40331.875.19$315,436
Aug 20003,06462,22929.644.54$373,383
Jul 20003,23677,24728.534.09$408,244
Jun 20003,84592,23429.304.40$518,234
May 20005,032119,33327.263.68$576,288
Apr 20006,133142,41324.513.12$594,079
Mar 200010,234194,59828.422.86$847,352
Feb 20003587,04327.622.73$29,091

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 2017 — as filed, then multipliedworked
Condensate           245 bbl  × $ 45.37 =    $11,116
Gas                    0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                  $11,116

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/179780 is the state's own key, not one this site invented.