MONTGOMERY GAS 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 187579District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.6 M
Sep 2001 – May 2026
Value, last 12 filed months
$113 k
at the published price for each month
Months reported
297
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 Gas112002-07-25147012
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
CondensateDisposition7,580 bbl$363,402
GasProduction1,945,750 Mcf$9,244,762
Total$9,608,164

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 30.2426, -96.5543. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.24256, -96.55429 · 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
Sep 2001
1 of 1 wells

1 well

42-477308931Sep 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 (297)

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

297 months

May 202602,045106.413.05$6,229
Apr 202602,01098.932.87$5,768
Mar 202602,32089.753.15$7,307
Feb 202602,37263.503.75$8,896
Jan 202612,44459.138.00$19,606
Dec 202502,20356.664.41$9,723
Nov 202502,28258.593.93$8,960
Oct 202502,65159.383.30$8,761
Sep 20251022,49962.743.08$14,089
Aug 202502,39063.933.01$7,205
Jul 202502,82666.743.32$9,369
Jun 202502,26766.483.13$7,093
May 202502,43960.553.23$7,884
Apr 202503,42262.363.54$12,125
Mar 202502,40067.704.27$10,244
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202401,59968.993.12$4,991
Nov 20241792,01569.052.20$16,790
Oct 202402,67971.372.28$6,112
Sep 202402,40169.612.36$5,677
Aug 202402,67075.632.06$5,510
Jul 202402,31279.932.15$4,963
Jun 202402,76778.082.63$7,288
May 202403,30978.812.20$7,275
Apr 2024070684.451.66$1,171
Mar 202402,92880.301.55$4,524
Feb 202402,86676.091.78$5,112
Jan 202402,30573.023.30$7,601
Dec 202301,88671.262.61$4,924
Nov 202302,81477.892.81$7,900
Oct 202302,74785.443.09$8,481
Sep 202302,72789.042.74$7,458
Aug 202303,74580.522.67$10,010
Jul 202301,13474.852.64$2,996
Jun 20231881,60668.962.26$16,592
May 202302,01170.622.23$4,479
Apr 202301,58478.122.24$3,545
Mar 202301,42572.852.39$3,410
Feb 202302,11075.112.47$5,203
Jan 2023061676.533.39$2,087
Dec 202201,83976.415.73$10,536
Nov 202201,54385.005.65$8,712
Oct 202212,16687.185.86$12,788
Sep 202202,10184.888.16$17,152
Aug 202202,38094.529.13$21,723
Jul 202202,403101.587.54$18,124
Jun 202202,301115.097.98$18,356
May 202202,848109.378.43$24,017
Apr 202202,805104.226.84$19,179
Mar 202203,042108.885.08$15,442
Feb 202202,68191.054.86$13,027
Jan 202202,97781.844.54$13,509
Dec 202102,23071.323.90$8,695
Nov 202101,71077.435.24$8,955
Oct 20211702,15279.795.71$25,861
Sep 202101,60269.865.35$8,572
Aug 202101,93266.024.22$8,154
Jul 202101,93070.783.98$7,685
Jun 202102,33369.493.38$7,887
May 202103,53963.483.02$10,680
Apr 202101,98060.362.76$5,462
Mar 202102,98061.302.72$8,096
Feb 202101,91057.805.55$10,597
Jan 202102,63250.412.81$7,397
Dec 202002,50844.642.68$6,710
Nov 202001,48438.772.71$4,017
Oct 202003,19536.972.48$7,919
Sep 202003,22337.091.99$6,417
Aug 202013,35139.982.39$8,032
Jul 20201713,46338.371.83$12,882
Jun 202003,36034.901.69$5,679
May 202003,43016.921.81$6,225
Apr 202013,63414.751.80$6,572
Mar 202003,91830.341.86$7,273
Feb 202003,95249.881.98$7,828
Jan 202004,42457.252.09$9,267
Dec 201904,51259.012.30$10,397
Nov 201905,95955.302.75$16,391
Oct 201903,89153.472.42$9,411
Sep 20194055.052.66$220
Aug 2019164153.112.30$8,712
Jul 201901,34256.272.46$3,301
Jun 201924,30352.782.49$10,825
May 201901,40758.482.74$3,856
Apr 201921618,92262.632.75$65,577
Mar 2019019,72356.803.06$60,394
Feb 201901,95750.852.79$5,464
Jan 201902,82546.033.23$9,120
Dec 201802,84646.594.19$11,912
Nov 201802,69552.934.24$11,419
Oct 201802,77361.443.40$9,423
Sep 201802,48159.543.11$7,711
Aug 20181862,79459.403.07$19,616
Jul 201802,80365.142.93$8,218
Jun 201802,75760.183.08$8,483
May 201802,87365.382.90$8,334
Apr 201802,82463.842.90$8,192
Mar 201803,02161.222.79$8,419
Feb 201803,03761.782.77$8,401
Jan 201801,63362.874.01$6,547
Dec 201701,88657.272.92$5,510
Nov 201703,45855.423.12$10,783
Oct 201701,68849.292.98$5,036
Sep 201702,29247.523.09$7,076
Aug 201702,15645.373.00$6,477
Jul 201702,64243.873.09$8,157
Jun 201702,62742.493.09$8,110
May 201702,70145.373.26$8,814
Apr 201702,53147.933.21$8,129
Mar 201702,70846.772.98$8,080
Feb 201702,47950.452.95$7,320
Jan 201702,72649.413.42$9,320
Dec 201602,70348.763.72$10,063
Nov 2016712,61742.492.64$9,937
Oct 201602,68646.193.09$8,300
Sep 201602,57041.553.10$7,969
Aug 201602,63141.442.92$7,694
Jul 201602,54941.622.92$7,454
Jun 2016672,23845.352.69$9,049
May 201602,26742.521.99$4,514
Apr 201602,24036.561.99$4,460
Mar 201602,41133.011.79$4,325
Feb 201602,04626.472.06$4,222
Jan 201601,34127.352.36$3,171
Dec 20150132.362.00$2
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20151367740.162.87$5,683
Jul 201504,91648.152.95$14,478
Jun 201504,79356.152.88$13,818
May 201505,00455.212.96$14,789
Apr 201504,87549.822.71$13,195
Mar 201505,03642.892.93$14,779
Feb 201504,57444.662.98$13,613
Jan 201505,08443.433.10$15,764
Dec 201405,15154.693.59$18,499
Nov 201405,04470.464.25$21,446
Oct 201405,23178.303.90$20,406
Sep 20141465,08386.164.05$33,142
Aug 201405,67589.394.04$22,899
Jul 201405,22996.564.18$21,855
Jun 201405,16898.164.74$24,480
May 201405,36494.734.73$25,353
Apr 201405,24595.944.81$25,224
Mar 201405,49395.895.06$27,777
Feb 201404,95797.406.19$30,694
Jan 201405,44290.404.86$26,452
Dec 201305,68491.824.35$24,751
Nov 201304,83988.853.74$18,090
Oct 201305,40797.423.78$20,435
Sep 201305,419104.113.72$20,146
Aug 20131215,407104.253.52$31,661
Jul 201315,774102.523.72$21,569
Jun 201305,86594.403.93$23,069
May 201306,96594.834.15$28,898
Apr 201303,47393.964.28$14,873
Mar 201305,05293.623.91$19,768
Feb 201305,24291.233.42$17,927
Jan 201305,88791.603.42$20,133
Dec 2012745,99886.773.42$26,935
Nov 201205,79286.953.62$20,996
Oct 201205,99589.383.40$20,381
Sep 201205,87894.672.92$17,154
Aug 201206,29992.662.91$18,319
Jul 2012996,01285.133.02$26,589
Jun 201205,85179.822.52$14,739
May 201206,25191.612.49$15,554
Apr 201205,998101.652.00$11,977
Mar 201216,290105.052.22$14,082
Feb 201205,926101.102.57$15,231
Jan 201206,38098.092.73$17,443
Dec 201106,49896.873.24$21,052
Nov 20111826,27295.723.31$38,189
Oct 201106,82784.983.65$24,909
Sep 201105,29983.623.99$21,121
Aug 201106,54683.404.15$27,161
Jul 201106,71894.144.52$30,347
Jun 201106,46292.904.64$29,983
May 201106,82198.134.40$30,045
Apr 201116,709105.964.33$29,178
Mar 201106,97096.364.06$28,280
Feb 201106,15785.644.18$25,736
Jan 201107,05886.504.59$32,388
Dec 201007,15485.734.35$31,104
Nov 20101226,74780.843.80$35,470
Oct 201007,27878.103.51$25,538
Sep 201007,13172.633.98$28,378
Aug 201007,37473.684.42$32,588
Jul 201007,60572.554.74$36,021
Jun 201017,53770.364.91$37,080
May 20101198,71871.124.24$45,386
Apr 201005,25281.694.12$21,652
Mar 201007,87778.394.39$34,570
Feb 201007,18673.585.44$39,109
Jan 201007,99274.365.96$47,665
Dec 2009818,22671.445.48$50,896
Nov 200908,08974.593.75$30,346
Oct 200908,47472.544.11$34,830
Sep 20091398,40065.543.06$34,854
Aug 200908,67667.423.22$27,924
Jul 200908,78861.133.46$30,446
Jun 200908,91766.163.90$34,732
May 200909,21154.743.93$36,160
Apr 200918,98646.773.59$32,284
Mar 2009929,68542.144.06$43,188
Feb 200908,96832.814.63$41,549
Jan 200909,80835.865.37$52,679
Dec 20087710,35237.105.98$64,732
Nov 2008010,50955.496.86$72,096
Oct 200811812,07575.246.92$92,461
Sep 200808,284101.767.88$65,254
Aug 2008011,504114.228.48$97,589
Jul 200818412,501131.0811.39$166,498
Jun 2008112,762131.3313.03$166,454
May 2008113,929123.1711.57$161,341
Apr 2008014,930110.3110.45$156,091
Mar 2008017,361101.909.66$167,778
Feb 200817918,94892.538.77$182,748
Jan 2008327,05790.388.21$222,294
Dec 20077888.337.30$677
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 200714356.927.30$371
Feb 200712055.108.22$661
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 200625069.376.34$1,734
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005096354.6910.59$10,197
Oct 200518612,18958.3413.80$179,008
Sep 2005010,83561.4512.08$130,876
Aug 2005012,08061.519.80$118,346
Jul 2005012,46155.697.84$97,740
Jun 2005012,26252.337.38$90,506
May 2005012,19445.226.65$81,104
Apr 2005011,87349.207.36$87,391
Mar 2005012,72050.377.15$91,010
Feb 200518011,11145.226.31$78,271
Jan 2005012,46543.166.32$78,806
Dec 2004012,76939.866.75$86,205
Nov 2004012,98845.286.33$82,219
Oct 2004014,13649.706.52$92,097
Sep 2004012,93343.245.28$68,337
Aug 2004013,09642.375.55$72,691
Jul 200416913,68938.286.08$89,756
Jun 2004013,98636.106.43$89,972
May 2004013,43937.486.49$87,281
Apr 2004013,44434.475.86$78,761
Mar 200418014,56834.365.53$86,748
Feb 2004012,95632.455.51$71,383
Jan 2004014,05432.036.30$88,535
Dec 200319115,54030.266.30$103,707
Nov 2003015,41528.804.60$70,834
Oct 2003017,39828.174.76$82,808
Sep 2003016,41226.314.75$77,947
Aug 200317217,64229.765.13$95,617
Jul 2003118,07929.415.17$93,513
Jun 2003018,19928.565.98$108,884
May 200316819,74526.595.97$122,398
Apr 200318020,60826.675.41$116,234
Mar 2003017,66431.146.10$107,680
Feb 200318516,05933.487.93$133,476
Jan 2003022,28430.315.58$124,390
Dec 200216923,57526.914.85$118,975
Nov 2002122,07324.664.14$91,340
Oct 200218224,01026.464.23$106,357
Sep 200217824,34527.443.64$93,383
Aug 200216527,03025.963.16$89,811
Jul 2002029,70624.583.06$90,953
Jun 200218631,24623.733.34$108,720
May 200236434,61824.663.58$133,047
Apr 200217437,39123.653.51$135,444
Mar 200237741,31222.003.10$136,474
Feb 200237743,38918.222.38$109,947
Jan 200234751,35317.172.38$127,956
Dec 200108,04116.932.36$19,012
Nov 2001024,21218.072.41$58,242
Oct 200106,32619.782.53$15,998
Sep 20010024.262.25$0

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                2,045 Mcf  × $  3.05 =     $6,229

────────────────────────────────────────────────────
Month total                                   $6,229

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/187579 is the state's own key, not one this site invented.