SCHULTE UNIT

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 185736District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Jul 2001 – May 2026
Value, last 12 filed months
$48 k
at the published price for each month
Months reported
299
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 Gas112002-01-24146072
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
CondensateDisposition81,774 bbl$4,085,676
GasProduction816,347 Mcf$3,902,271
Total$7,987,947

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 30.1560, -96.6633. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.15603, -96.66329 · 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
no depth filed
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.

Completions filed
Jul 2001
1 of 1 wells

1 well

42-477308961Jul 2001

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 (299)

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

299 months

May 20260238106.413.05$725
Apr 2026026798.932.87$766
Mar 2026026789.753.15$841
Feb 202618326763.503.75$12,622
Jan 2026029059.138.00$2,319
Dec 2025031456.664.41$1,386
Nov 202518133558.593.93$11,920
Oct 2025129459.383.30$1,031
Sep 2025046462.743.08$1,428
Aug 2025115563.933.01$531
Jul 202517933366.743.32$13,050
Jun 2025031166.483.13$973
May 2025027260.553.23$879
Apr 202516037562.363.54$11,306
Mar 2025142467.704.27$1,877
Feb 202518191870.884.34$16,814
Jan 20250074.324.28$0
Dec 2024018268.993.12$568
Nov 202418734469.052.20$13,669
Oct 2024152571.372.28$1,269
Sep 2024059469.612.36$1,404
Aug 20240075.632.06$0
Jul 202407379.932.15$157
Jun 202418152178.082.63$15,505
May 202417892978.812.20$16,071
Apr 2024020184.451.66$334
Mar 2024071880.301.55$1,109
Feb 202417678476.091.78$14,790
Jan 202418790273.023.30$16,629
Dec 2023396871.262.61$2,741
Nov 202317974577.892.81$16,034
Oct 2023276985.443.09$2,545
Sep 202314111589.042.74$12,869
Aug 20231080.522.67$81
Jul 2023014474.852.64$380
Jun 202318321068.962.26$13,094
May 20231861,20070.622.23$15,808
Apr 2023036978.122.24$826
Mar 20231911,02372.852.39$16,363
Feb 2023148375.112.47$1,266
Jan 2023142876.533.39$1,526
Dec 2022013576.415.73$773
Nov 202219733885.005.65$18,653
Oct 2022068687.185.86$4,023
Sep 202218365184.888.16$20,848
Aug 202218365294.529.13$23,248
Jul 2022183845101.587.54$24,962
Jun 20220641115.097.98$5,113
May 2022185938109.378.43$28,144
Apr 20220640104.226.84$4,376
Mar 2022184846108.885.08$24,329
Feb 202218176891.054.86$20,212
Jan 202218796281.844.54$19,669
Dec 2021089871.323.90$3,501
Nov 20211851,03877.435.24$19,760
Oct 20211841,09979.795.71$20,961
Sep 202118596169.865.35$18,066
Aug 202101,00366.024.22$4,233
Jul 20211911,05970.783.98$17,736
Jun 20211811,05869.493.38$16,154
May 202101,11563.483.02$3,365
Apr 202117397560.362.76$13,132
Mar 20211851,15661.302.72$14,481
Feb 20211791,01657.805.55$15,983
Jan 20213661,80850.412.81$23,531
Dec 20201811,25244.642.68$11,430
Nov 2020036938.772.71$999
Oct 20201781,35936.972.48$9,949
Sep 20201751,39437.091.99$9,266
Aug 20201851,42639.982.39$10,797
Jul 20203651,56338.371.83$16,858
Jun 20201881,44234.901.69$8,999
May 20201821,55616.921.81$5,903
Apr 20201791,55614.751.80$5,448
Mar 20201801,44130.341.86$8,136
Feb 20201811,54149.881.98$12,080
Jan 20203581,70657.252.09$24,069
Dec 20193701,79059.012.30$25,959
Nov 20191781,65655.302.75$14,399
Oct 20193581,56953.472.42$22,937
Sep 20191781,72255.052.66$14,375
Aug 20193551,66553.112.30$22,691
Jul 20193541,99956.272.46$24,837
Jun 2019052652.782.49$1,310
May 201918355258.482.74$12,215
Apr 20191811,43462.632.75$15,281
Mar 20191881,84056.803.06$16,313
Feb 20191901,64150.852.79$14,244
Jan 20191911,87646.033.23$14,848
Dec 20181921,87046.594.19$16,772
Nov 20183931,95152.934.24$29,068
Oct 20181831,98161.443.40$17,975
Sep 20181871,54859.543.11$15,945
Aug 20181832,61859.403.07$18,898
Jul 20180065.142.93$0
Jun 2018184060.183.08$11,073
May 201805765.382.90$165
Apr 20181851,32563.842.90$15,654
Mar 201801,37161.222.79$3,821
Feb 20183741,27161.782.77$26,621
Jan 201801,43762.874.01$5,761
Dec 20171931,46557.272.92$15,333
Nov 20171891,44955.423.12$14,993
Oct 20171891,51749.292.98$13,842
Sep 201701,48147.523.09$4,572
Aug 20171921,42745.373.00$12,998
Jul 20173791,61443.873.09$21,610
Jun 2017086942.493.09$2,683
May 20171911,48845.373.26$13,522
Apr 20171911,37847.933.21$13,580
Mar 201701,32246.772.98$3,944
Feb 201718339150.452.95$10,387
Jan 20171911,53949.413.42$14,699
Dec 201601,52648.763.72$5,681
Nov 20161931,35142.492.64$11,773
Oct 201601,48046.193.09$4,574
Sep 20161861,60441.553.10$12,702
Aug 20161881,33341.442.92$11,689
Jul 201601,39841.622.92$4,088
Jun 20161821,44545.352.69$12,135
May 20161841,64442.521.99$11,097
Apr 201601,59136.561.99$3,168
Mar 20161911,64833.011.79$9,261
Feb 20161951,58726.472.06$8,437
Jan 201601,64027.352.36$3,878
Dec 20151951,61832.362.00$9,548
Nov 20151931,59538.792.17$10,943
Oct 201501,66943.552.43$4,050
Sep 20151951,54742.992.76$12,650
Aug 20151901,65840.162.87$12,393
Jul 20151931,65148.152.95$14,155
Jun 20151931,67856.152.88$15,674
May 201501,72055.212.96$5,083
Apr 20151881,62849.822.71$13,772
Mar 20151911,50942.892.93$12,620
Feb 201501,52344.662.98$4,533
Jan 20151861,69043.433.10$13,318
Dec 20143861,75954.693.59$27,428
Nov 201401,62870.464.25$6,922
Oct 20141891,79478.303.90$21,797
Sep 20141911,77986.164.05$23,653
Aug 201401,80089.394.04$7,263
Jul 20141811,70996.564.18$24,620
Jun 20141901,84698.164.74$27,395
May 20141832,04194.734.73$26,983
Apr 20141921,89895.944.81$27,548
Mar 20141901,58395.895.06$26,224
Feb 20141911,58297.406.19$28,399
Jan 20141901,88290.404.86$26,324
Dec 20131872,08391.824.35$26,241
Nov 201301,65388.853.74$6,179
Oct 20133702,09397.423.78$43,956
Sep 201301,572104.113.72$5,844
Aug 20131921,992104.253.52$27,033
Jul 20131871,783102.523.72$25,800
Jun 20131841,84694.403.93$24,631
May 20131932,16094.834.15$27,264
Apr 201301,74593.964.28$7,473
Mar 20133602,05093.623.91$41,725
Feb 20131952,01491.233.42$24,678
Jan 201301,59291.603.42$5,445
Dec 20121962,00286.773.42$23,854
Nov 20123661,95386.953.62$38,903
Oct 201201,91789.383.40$6,517
Sep 20123722,25294.672.92$41,789
Aug 2012047692.662.91$1,384
Jul 20121932,24485.133.02$23,209
Jun 20121912,24179.822.52$20,891
May 20121941,81591.612.49$22,289
Apr 201202,117101.652.00$4,227
Mar 20121942,290105.052.22$25,468
Feb 20121891,977101.102.57$24,189
Jan 20123522,26298.092.73$40,712
Dec 201101,99296.873.24$6,454
Nov 20111972,37495.723.31$26,718
Oct 20111921,75384.983.65$22,712
Sep 20111922,26283.623.99$25,071
Aug 20111902,41883.404.15$25,879
Jul 20113702,04494.144.52$44,065
Jun 201102,09992.904.64$9,739
May 20113842,39498.134.40$48,227
Apr 201101,579105.964.33$6,842
Mar 20111932,15296.364.06$27,329
Feb 20111951,97985.644.18$24,972
Jan 20111982,36086.504.59$27,957
Dec 20101952,22285.734.35$26,378
Nov 20101962,25880.843.80$24,415
Oct 20101922,15178.103.51$22,543
Sep 20101922,02772.633.98$22,011
Aug 20101912,31073.684.42$24,282
Jul 20101912,19272.554.74$24,239
Jun 20101932,31770.364.91$24,957
May 20101932,47371.124.24$24,200
Apr 20101942,12781.694.12$24,617
Mar 20101942,46578.394.39$26,026
Feb 20101922,20173.585.44$26,106
Jan 20101952,49974.365.96$29,404
Dec 20091962,50071.445.48$27,712
Nov 20091912,24774.593.75$22,676
Oct 20091912,47072.544.11$24,007
Sep 20091902,45665.543.06$19,980
Aug 20093802,58467.423.22$33,936
Jul 20091842,60561.133.46$20,273
Jun 20091922,48266.163.90$22,370
May 20091962,57754.743.93$20,846
Apr 20091952,61246.773.59$18,491
Mar 20091952,62442.144.06$18,868
Feb 20091952,42132.814.63$17,614
Jan 20093922,69235.865.37$28,516
Dec 20081952,72137.105.98$23,498
Nov 20081972,57355.496.86$28,583
Oct 20081962,87875.246.92$34,669
Sep 20083872,609101.767.88$59,932
Aug 20081932,898114.228.48$46,628
Jul 20081922,864131.0811.39$57,787
Jun 20081922,881131.3313.03$62,762
May 20083882,983123.1711.57$82,316
Apr 20081952,949110.3110.45$52,342
Mar 20081963,059101.909.66$49,535
Feb 20083902,52092.538.77$58,189
Jan 20081963,10290.388.21$43,169
Dec 20071953,19488.337.30$40,547
Nov 20073883,09591.677.29$58,136
Oct 20071943,21782.856.92$38,341
Sep 20073853,10275.846.24$48,568
Aug 20071943,25669.066.39$34,197
Jul 20073823,31670.906.39$48,266
Jun 20071953,31562.007.55$37,113
May 20073903,35658.747.85$49,241
Apr 20071983,35059.617.81$37,950
Mar 20073883,56956.927.30$48,146
Feb 20074003,28555.108.22$49,030
Jan 20071963,63850.306.73$34,331
Dec 20063973,73656.656.92$48,337
Nov 20061983,78454.207.62$39,556
Oct 20063983,87754.906.01$45,166
Sep 20063813,81860.085.04$42,123
Aug 20061984,14768.717.34$44,043
Jul 20063874,13869.376.34$53,093
Jun 20063914,02766.286.38$51,623
May 20063854,29966.016.42$53,035
Apr 20063924,26264.397.36$56,611
Mar 20064004,40756.707.08$53,894
Feb 20064053,97257.597.75$54,111
Jan 20064034,58860.598.93$65,404
Dec 20053994,62154.9413.42$83,914
Nov 20054004,69954.6910.59$71,631
Oct 20053905,02458.3413.80$92,063
Sep 20055584,36361.4512.08$86,990
Aug 20053925,06861.519.80$73,762
Jul 20053945,17455.697.84$62,525
Jun 20055895,17252.337.38$68,997
May 20053925,46245.226.65$54,055
Apr 20055955,13549.207.36$67,070
Mar 20056035,71850.377.15$71,285
Feb 20053995,29745.226.31$51,477
Jan 20056016,08043.166.32$64,378
Dec 20046056,42339.866.75$67,477
Nov 20045966,43945.286.33$67,748
Oct 20047917,83049.706.52$90,326
Sep 20045845,26743.245.28$53,082
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20043593,66336.106.43$36,524
May 20043975,34937.486.49$49,619
Apr 20043914,93134.475.86$42,366
Mar 20045925,17334.365.53$48,949
Feb 20043984,74832.455.51$39,075
Jan 20046025,22532.036.30$52,198
Dec 20033985,31730.266.30$45,549
Nov 20035925,11728.804.60$40,563
Oct 20033865,64528.174.76$37,742
Sep 20037825,59826.314.75$47,161
Aug 20033895,92629.765.13$41,975
Jul 20035856,04929.415.17$48,483
Jun 20035806,15228.565.98$53,372
May 20033903,13626.595.97$29,100
Apr 20037886,17326.675.41$54,395
Mar 20035946,71131.146.10$59,408
Feb 20035936,31133.487.93$69,874
Jan 20037892,74030.315.58$39,209
Dec 20027807,37626.914.85$56,791
Nov 20029857,46624.664.14$55,177
Oct 20027718,02626.464.23$54,344
Sep 20027748,66027.443.64$52,719
Aug 20027758,86925.963.16$48,182
Jul 20021,1679,36924.583.06$57,370
Jun 20029629,56223.733.34$54,749
May 200297610,62224.663.58$62,137
Apr 20021,37211,10123.653.51$71,438
Mar 20021,38312,49122.003.10$69,182
Feb 20021,1876,19718.222.38$36,349
Jan 20021,38212,81317.172.38$54,169
Dec 20011,97716,27516.932.36$71,951
Nov 20012,15618,88018.072.41$84,375
Oct 20012,75824,47019.782.53$116,435
Sep 20011953,66724.262.25$12,986
Aug 20011,16223,68224.873.05$101,204
Jul 20011,14118,93623.933.20$87,844

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                  238 Mcf  × $  3.05 =       $725

────────────────────────────────────────────────────
Month total                                     $725

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/185736 is the state's own key, not one this site invented.