VERTIVER

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 190883District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.1 M
Jul 2002 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
287
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 Gas112004-05-12148849
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
CondensateDisposition1,386 bbl$58,042
GasProduction1,136,943 Mcf$6,059,913
Total$6,117,955

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 30.3808, -96.3110. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.38076, -96.31096 · 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
Aug 2002
1 of 1 wells

1 well

42-477309241HAug 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 (287)

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

287 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 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
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 2017121049.292.98$5,964
Sep 20170047.523.09$0
Aug 20179045.373.00$408
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150840.162.87$23
Jul 201503948.152.95$115
Jun 2015015456.152.88$444
May 2015033055.212.96$975
Apr 201505749.822.71$154
Mar 2015032542.892.93$954
Feb 2015040544.662.98$1,205
Jan 2015081543.433.10$2,527
Dec 2014064854.693.59$2,327
Nov 201401,64070.464.25$6,973
Oct 2014095678.303.90$3,729
Sep 201401,77786.164.05$7,189
Aug 201402,00489.394.04$8,086
Jul 201402,02396.564.18$8,455
Jun 201402,61798.164.74$12,396
May 201401,33794.734.73$6,319
Apr 2014053095.944.81$2,549
Mar 201401,96095.895.06$9,911
Feb 201401,50197.406.19$9,294
Jan 201401,64890.404.86$8,010
Dec 201302,29391.824.35$9,985
Nov 201301,56088.853.74$5,832
Oct 201301,53997.423.78$5,816
Sep 201301,927104.113.72$7,164
Aug 201302,546104.253.52$8,969
Jul 20130651102.523.72$2,420
Jun 201302,16994.403.93$8,532
May 201301,79794.834.15$7,456
Apr 201301,84293.964.28$7,889
Mar 201302,18193.623.91$8,534
Feb 201301,55391.233.42$5,311
Jan 201301,14191.603.42$3,902
Dec 201201,46686.773.42$5,014
Nov 201201,90686.953.62$6,909
Oct 201212,29089.383.40$7,875
Sep 201202,03694.672.92$5,942
Aug 201202,42892.662.91$7,061
Jul 201202,28785.133.02$6,909
Jun 201212,21579.822.52$5,659
May 201202,15791.612.49$5,367
Apr 201201,757101.652.00$3,508
Mar 201211,741105.052.22$3,974
Feb 201201,887101.102.57$4,850
Jan 201201,98998.092.73$5,438
Dec 201102,12396.873.24$6,878
Nov 201102,46995.723.31$8,176
Oct 201102,40184.983.65$8,760
Sep 201102,38483.623.99$9,502
Aug 201102,70583.404.15$11,224
Jul 201102,96494.144.52$13,389
Jun 201102,74292.904.64$12,723
May 201102,83298.134.40$12,474
Apr 201112,761105.964.33$12,070
Mar 201113,25696.364.06$13,307
Feb 201101,98985.644.18$8,314
Jan 201112,36786.504.59$10,948
Dec 201012,95785.734.35$12,942
Nov 201002,83080.843.80$10,741
Oct 201002,84278.103.51$9,972
Sep 201002,81672.633.98$11,206
Aug 201003,08373.684.42$13,625
Jul 201003,04372.554.74$14,413
Jun 201003,14970.364.91$15,463
May 201012,97671.124.24$12,675
Apr 201013,08381.694.12$12,792
Mar 201013,34578.394.39$14,758
Feb 201002,61273.585.44$14,215
Jan 201002,59174.365.96$15,453
Dec 200913,20671.445.48$17,652
Nov 200903,19374.593.75$11,979
Oct 200903,24572.544.11$13,338
Sep 200902,91865.543.06$8,943
Aug 200913,57167.423.22$11,561
Jul 200903,68561.133.46$12,767
Jun 200903,49166.163.90$13,597
May 200913,53354.743.93$13,924
Apr 200913,55546.773.59$12,800
Mar 200903,81842.144.06$15,497
Feb 200913,51632.814.63$16,322
Jan 200913,94435.865.37$21,219
Dec 200803,99137.105.98$23,855
Nov 200814,23455.496.86$29,102
Oct 200803,67675.246.92$25,445
Sep 200802,266101.767.88$17,849
Aug 200814,097114.228.48$34,869
Jul 200804,289131.0811.39$48,849
Jun 200814,368131.3313.03$57,058
May 200814,774123.1711.57$55,379
Apr 200814,732110.3110.45$49,583
Mar 20081636,010101.909.66$74,691
Feb 200813,01292.538.77$26,510
Jan 200831,49890.388.21$12,563
Dec 200713,44788.337.30$25,258
Nov 200713,96091.677.29$28,967
Oct 200714,35282.856.92$30,207
Sep 200703,05275.846.24$19,057
Aug 200703,71669.066.39$23,738
Jul 200713,86670.906.39$24,767
Jun 200703,61862.007.55$27,310
May 200714,23358.747.85$33,272
Apr 200704,14159.617.81$32,321
Mar 200704,22456.927.30$30,844
Feb 200713,93355.108.22$32,369
Jan 200704,68150.306.73$31,488
Dec 200604,70756.656.92$32,565
Nov 200604,42454.207.62$33,700
Oct 200605,78554.906.01$34,790
Sep 200605,01060.085.04$25,236
Aug 200605,22168.717.34$38,322
Jul 200605,29169.376.34$33,560
Jun 200605,61566.286.38$35,845
May 200605,85266.016.42$37,599
Apr 200604,69464.397.36$34,550
Mar 200607,30556.707.08$51,741
Feb 200602,69757.597.75$20,905
Jan 200605,69560.598.93$50,875
Dec 200505,61254.9413.42$75,287
Nov 200504,04554.6910.59$42,830
Oct 200505,25958.3413.80$72,552
Sep 200505,85561.4512.08$70,723
Aug 200506,76061.519.80$66,227
Jul 200506,72855.697.84$52,772
Jun 200506,96552.337.38$51,409
May 20051635,25945.226.65$42,349
Apr 200505,48149.207.36$40,343
Mar 200507,28250.377.15$52,102
Feb 200506,79745.226.31$42,902
Jan 200507,47343.166.32$47,246
Dec 200407,22939.866.75$48,804
Nov 200406,54845.286.33$41,452
Oct 200407,45149.706.52$48,544
Sep 200407,12043.245.28$37,621
Aug 200407,78942.375.55$43,234
Jul 200407,49738.286.08$45,613
Jun 200407,31836.106.43$47,077
May 200408,23337.486.49$53,470
Apr 200409,02534.475.86$52,873
Mar 2004010,07234.365.53$55,700
Feb 2004010,73432.455.51$59,140
Jan 2004011,87632.036.30$74,815
Dec 2003013,93330.266.30$87,801
Nov 2003014,37128.804.60$66,037
Oct 200316416,01728.174.76$80,855
Sep 2003016,64326.314.75$79,044
Aug 2003018,36429.765.13$94,202
Jul 2003319,81029.415.17$102,523
Jun 2003221,10428.565.98$126,322
May 2003023,77726.595.97$142,012
Apr 2003024,73126.675.41$133,727
Mar 200317428,51831.146.10$179,265
Feb 2003028,40133.487.93$225,103
Jan 2003035,36230.315.58$197,392
Dec 200216641,34026.914.85$205,122
Nov 2002450,62124.664.14$209,516
Oct 200218261,37426.464.23$264,374
Sep 200219877,85527.443.64$288,452
Aug 20026138,60625.963.16$438,727
Jul 200201,11524.583.06$3,414

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.

Oct 2017 — as filed, then multipliedworked
Condensate           121 bbl  × $ 49.29 =     $5,964
Gas                    0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $5,964

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/190883 is the state's own key, not one this site invented.