WALKER 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 190048District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
May 2002 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
289
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
High Cost Gas112002-08-28148788
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
CondensateDisposition11,755 bbl$632,137
GasProduction1,262,256 Mcf$6,366,936
Total$6,999,073

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 30.2375, -96.5686. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23753, -96.56855 · 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
May 2002
1 of 1 wells

1 well

42-477309191HMay 2002

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 (289)

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

289 months

May 20260100106.413.05$305
Apr 20261591798.932.87$15,779
Mar 2026083589.753.15$2,630
Feb 2026091363.503.75$3,424
Jan 2026030459.138.00$2,431
Dec 202503256.664.41$141
Nov 2025066358.593.93$2,603
Oct 202501,18659.383.30$3,920
Sep 202501,30462.743.08$4,012
Aug 2025067463.933.01$2,032
Jul 202501,05166.743.32$3,484
Jun 2025066866.483.13$2,090
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025033667.704.27$1,434
Feb 2025084070.884.34$3,646
Jan 20250074.324.28$0
Dec 2024048668.993.12$1,517
Nov 2024085669.052.20$1,882
Oct 202401,06371.372.28$2,425
Sep 202401,01769.612.36$2,405
Aug 202401,25075.632.06$2,580
Jul 202421,36279.932.15$3,084
Jun 202401,45078.082.63$3,819
May 202401,30678.812.20$2,871
Apr 2024021484.451.66$355
Mar 202401,10480.301.55$1,706
Feb 202421,13776.091.78$2,180
Jan 202401,01173.023.30$3,334
Dec 202301,42471.262.61$3,718
Nov 202301,54777.892.81$4,343
Oct 202301,62685.443.09$5,020
Sep 202302,28289.042.74$6,241
Aug 2023088980.522.67$2,376
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023190072.852.39$13,842
Feb 2023060675.112.47$1,494
Jan 202301,60676.533.39$5,441
Dec 202201,31876.415.73$7,551
Nov 202201,08585.005.65$6,126
Oct 202211,49887.185.86$8,871
Sep 2022187084.888.16$7,187
Aug 2022013794.529.13$1,250
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202210109.378.43$109
Apr 202230104.226.84$313
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022060381.844.54$2,736
Dec 202101,95771.323.90$7,631
Nov 202101,91877.435.24$10,044
Oct 2021067079.795.71$3,828
Sep 202101,47769.865.35$7,903
Aug 202102,02966.024.22$8,564
Jul 202102,06370.783.98$8,215
Jun 202101,29269.493.38$4,368
May 20211851,81663.483.02$17,224
Apr 202101,42160.362.76$3,920
Mar 202101,51761.302.72$4,122
Feb 2021088557.805.55$4,910
Jan 202101,22550.412.81$3,443
Dec 2020027844.642.68$744
Nov 202001,21838.772.71$3,297
Oct 202001,46936.972.48$3,641
Sep 202001,84037.091.99$3,664
Aug 202001,72139.982.39$4,105
Jul 202001,96138.371.83$3,579
Jun 202001,88634.901.69$3,188
May 202001,89516.921.81$3,439
Apr 202001,40314.751.80$2,532
Mar 202001,08430.341.86$2,012
Feb 20201791,02949.881.98$10,967
Jan 2020076057.252.09$1,592
Dec 2019291,86459.012.30$6,007
Nov 2019086255.302.75$2,371
Oct 201901,51253.472.42$3,657
Sep 201901,58755.052.66$4,217
Aug 2019089353.112.30$2,058
Jul 2019055856.272.46$1,373
Jun 20190052.782.49$0
May 2019075258.482.74$2,061
Apr 201902,91862.632.75$8,027
Mar 20191832,82456.803.06$19,042
Feb 201901,50750.852.79$4,208
Jan 201902,88546.033.23$9,313
Dec 201802,90646.594.19$12,163
Nov 201802,86852.934.24$12,152
Oct 201802,99261.443.40$10,167
Sep 20181853,02359.543.11$20,410
Aug 201802,45359.403.07$7,522
Jul 201802,93465.142.93$8,602
Jun 201803,05060.183.08$9,385
May 201802,90665.382.90$8,430
Apr 201803,10763.842.90$9,013
Mar 201803,48761.222.79$9,718
Feb 201802,79961.782.77$7,742
Jan 2018065462.874.01$2,622
Dec 201701,25257.272.92$3,658
Nov 20171883,47655.423.12$21,258
Oct 201701,95449.292.98$5,830
Sep 201702,40647.523.09$7,428
Aug 201792,44645.373.00$7,757
Jul 201703,10243.873.09$9,577
Jun 201703,03942.493.09$9,382
May 201703,41845.373.26$11,154
Apr 201703,07647.933.21$9,879
Mar 201703,22446.772.98$9,619
Feb 201702,94250.452.95$8,687
Jan 2017583,15149.413.42$13,638
Dec 201603,12648.763.72$11,638
Nov 20161393,05542.492.64$13,985
Oct 201603446.193.09$105
Sep 201603,00841.553.10$9,327
Aug 201603,16641.442.92$9,258
Jul 201603,15941.622.92$9,238
Jun 2016993,09545.352.69$12,802
May 201603,20842.521.99$6,387
Apr 201603,23936.561.99$6,449
Mar 201603,35933.011.79$6,026
Feb 2016613,07226.472.06$7,954
Jan 201603,29027.352.36$7,779
Dec 20151733,17432.362.00$11,951
Nov 201503,18938.792.17$6,912
Oct 201503,40443.552.43$8,260
Sep 201503,37142.992.76$9,299
Aug 201503,39540.162.87$9,752
Jul 201503,46248.152.95$10,196
Jun 201503,38356.152.88$9,753
May 20151853,44555.212.96$20,395
Apr 201503,36649.822.71$9,110
Mar 201503,55642.892.93$10,436
Feb 201503,21944.662.98$9,580
Jan 201503,46143.433.10$10,731
Dec 20141033,56654.693.59$18,440
Nov 201403,43670.464.25$14,609
Oct 201403,64678.303.90$14,223
Sep 2014393,49286.164.05$17,487
Aug 201403,72689.394.04$15,035
Jul 20141893,84196.564.18$34,304
Jun 201403,49098.164.74$16,532
May 201403,66194.734.73$17,304
Apr 201403,60195.944.81$17,318
Mar 201403,69895.895.06$18,700
Feb 201403,44997.406.19$21,356
Jan 20141263,80190.404.86$29,866
Dec 201304,04691.824.35$17,618
Nov 201303,50888.853.74$13,114
Oct 201304,01197.423.78$15,159
Sep 2013873,731104.113.72$22,928
Aug 201304,003104.253.52$14,101
Jul 201303,904102.523.72$14,514
Jun 201304,10794.403.93$16,155
May 20131754,82794.834.15$36,623
Apr 201312,57393.964.28$11,113
Mar 201303,72093.623.91$14,556
Feb 201303,83491.233.42$13,112
Jan 201304,30991.603.42$14,736
Dec 20121864,39586.773.42$31,171
Nov 201204,32086.953.62$15,660
Oct 201204,52489.383.40$15,380
Sep 201204,43994.672.92$12,955
Aug 201204,60592.662.91$13,392
Jul 2012854,72985.133.02$21,521
Jun 201204,56179.822.52$11,489
May 201204,81191.612.49$11,971
Apr 20121854,819101.652.00$28,428
Mar 201205,057105.052.22$11,237
Feb 2012174,728101.102.57$13,871
Jan 201205,10098.092.73$13,944
Dec 2011545,59996.873.24$23,370
Nov 201115,50695.723.31$18,328
Oct 20111864,98384.983.65$33,987
Sep 201116,42083.623.99$25,672
Aug 2011010,35683.404.15$42,970
Jul 201101,85094.144.52$8,357
Jun 201131292.904.64$334
May 2011120098.134.40$979
Apr 2011025105.964.33$108
Mar 201106196.364.06$248
Feb 2011011285.644.18$468
Jan 2011012686.504.59$578
Dec 2010036685.734.35$1,591
Nov 2010030080.843.80$1,139
Oct 20104938378.103.51$5,171
Sep 2010044772.633.98$1,779
Aug 201003,33373.684.42$14,730
Jul 20101144,47572.554.74$29,466
Jun 201014,58470.364.91$22,580
May 2010635,28971.124.24$26,881
Apr 201003,83281.694.12$15,798
Mar 20101835,56978.394.39$38,786
Feb 201005,03773.585.44$27,413
Jan 201004,84074.365.96$28,866
Dec 2009855,49971.445.48$36,228
Nov 200901,99174.593.75$7,469
Oct 200901,75972.544.11$7,230
Sep 200902,34265.543.06$7,178
Aug 20091034,05167.423.22$19,982
Jul 200904,09061.133.46$14,170
Jun 20091084,23766.163.90$23,648
May 200904,26454.743.93$16,739
Apr 200904,41846.773.59$15,850
Mar 2009904,23142.144.06$20,966
Feb 200904,11532.814.63$19,065
Jan 20091204,58935.865.37$28,951
Dec 200804,50137.105.98$26,903
Nov 200804,60455.496.86$31,585
Oct 2008935,13475.246.92$42,535
Sep 200803,534101.767.88$27,838
Aug 20081794,529114.228.48$58,865
Jul 200804,885131.0811.39$55,637
Jun 200804,875131.3313.03$63,534
May 200804,978123.1711.57$57,617
Apr 200804,714110.3110.45$49,284
Mar 20081794,801101.909.66$64,637
Feb 200804,71292.538.77$41,327
Jan 200805,03090.388.21$41,275
Dec 200705,18288.337.30$37,839
Nov 20071835,13791.677.29$54,233
Oct 200705,43482.856.92$37,614
Sep 200705,09775.846.24$31,826
Aug 20071655,70569.066.39$47,838
Jul 200705,74370.906.39$36,686
Jun 200716,08662.007.55$46,002
May 200706,83058.747.85$53,590
Apr 20071715,11059.617.81$50,078
Mar 200707,12756.927.30$52,041
Feb 200705,32355.108.22$43,734
Jan 20071687,43750.306.73$58,478
Dec 200608,09656.656.92$56,012
Nov 200602,29954.207.62$17,513
Oct 20061744,62154.906.01$37,342
Sep 200605,20160.085.04$26,198
Aug 200606,13768.717.34$45,045
Jul 20063866,10769.376.34$65,512
Jun 200605,92866.286.38$37,844
May 200606,61566.016.42$42,501
Apr 20061806,22864.397.36$57,431
Mar 200606,82956.707.08$48,369
Feb 20061626,25757.597.75$57,828
Jan 200607,00160.598.93$62,542
Dec 200506,58654.9413.42$88,354
Nov 20051666,91854.6910.59$82,329
Oct 20051837,65758.3413.80$116,310
Sep 200507,12761.4512.08$86,087
Aug 200508,13761.519.80$79,717
Jul 200507,35355.697.84$57,674
Jun 20051829,94952.337.38$82,958
May 200508,26345.226.65$54,959
Apr 20051836,11449.207.36$54,006
Mar 200507,00450.377.15$50,113
Feb 20051856,58245.226.31$49,911
Jan 200507,36943.166.32$46,588
Dec 200408,01439.866.75$54,103
Nov 20041756,88945.286.33$51,534
Oct 200408,60349.706.52$56,049
Sep 200407,26143.245.28$38,366
Aug 20041798,89442.375.55$56,952
Jul 20041929,41538.286.08$64,632
Jun 200408,94736.106.43$57,556
May 200409,76937.486.49$63,446
Apr 20041889,78634.475.86$63,811
Mar 2004012,12134.365.53$67,031
Feb 20041717,23732.455.51$45,422
Jan 2004010,07732.036.30$63,481
Dec 200319110,96630.266.30$74,883
Nov 2003011,87528.804.60$54,568
Oct 200319312,86628.174.76$66,674
Sep 200318512,75526.314.75$65,445
Aug 200318814,90829.765.13$82,069
Jul 200318912,07329.415.17$67,986
Jun 200318312,95228.565.98$82,718
May 2003012,88926.595.97$76,982
Apr 200318513,88826.675.41$80,030
Mar 200319115,25031.146.10$98,912
Feb 2003014,62433.487.93$115,908
Jan 200319116,49230.315.58$97,848
Dec 200217018,36926.914.85$93,733
Nov 200217418,64524.664.14$81,424
Oct 200218021,86826.464.23$97,245
Sep 200235023,40027.443.64$94,668
Aug 200218727,59925.963.16$92,182
Jul 200257034,47424.583.06$119,562
Jun 200219648,76123.733.34$167,427
May 2002016,79724.663.58$60,200

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                  100 Mcf  × $  3.05 =       $305

────────────────────────────────────────────────────
Month total                                     $305

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/190048 is the state's own key, not one this site invented.