RATCLIFF

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 191472District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Aug 2002 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
286
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 Gas112002-12-17149448
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
CondensateDisposition24 bbl$1,710
GasProduction1,886,272 Mcf$9,950,091
Total$9,951,801

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 30.4695, -95.9720. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.46950, -95.97196 · 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

42-185306671HAug 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 (286)

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

286 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 202401175.632.06$23
Jul 20240179.932.15$2
Jun 2024082378.082.63$2,168
May 202401,29778.812.20$2,851
Apr 202401,26684.451.66$2,101
Mar 202401,29880.301.55$2,006
Feb 202401,23276.091.78$2,197
Jan 202401,26473.023.30$4,168
Dec 202301,32871.262.61$3,467
Nov 202301,31177.892.81$3,681
Oct 202301,39185.443.09$4,294
Sep 202301,35289.042.74$3,698
Aug 202301,41580.522.67$3,782
Jul 202301,35874.852.64$3,588
Jun 202301,35968.962.26$3,069
May 202301,37570.622.23$3,063
Apr 202301,27978.122.24$2,862
Mar 202301,26772.852.39$3,032
Feb 202301,23075.112.47$3,033
Jan 202301,32276.533.39$4,479
Dec 202201,31276.415.73$7,517
Nov 202201,35485.005.65$7,645
Oct 202201,37787.185.86$8,074
Sep 202201,39284.888.16$11,364
Aug 202201,43794.529.13$13,116
Jul 202201,425101.587.54$10,747
Jun 202201,387115.097.98$11,064
May 202201,444109.378.43$12,177
Apr 202201,401104.226.84$9,579
Mar 202201,462108.885.08$7,422
Feb 202201,46091.054.86$7,094
Jan 202201,27281.844.54$5,772
Dec 202101,45371.323.90$5,665
Nov 202101,41277.435.24$7,394
Oct 202101,46679.795.71$8,377
Sep 202101,42069.865.35$7,598
Aug 202101,48766.024.22$6,276
Jul 202101,49470.783.98$5,949
Jun 202101,44869.493.38$4,895
May 202101,48963.483.02$4,493
Apr 202101,17260.362.76$3,233
Mar 202101,56661.302.72$4,255
Feb 202101,25857.805.55$6,979
Jan 202101,51650.412.81$4,260
Dec 202001,52344.642.68$4,075
Nov 202001,48438.772.71$4,017
Oct 202001,56036.972.48$3,866
Sep 202001,48437.091.99$2,955
Aug 202001,55839.982.39$3,716
Jul 202001,52538.371.83$2,783
Jun 202001,49034.901.69$2,519
May 202001,57116.921.81$2,851
Apr 202001,54614.751.80$2,790
Mar 202001,60030.341.86$2,970
Feb 202001,54449.881.98$3,058
Jan 202001,60157.252.09$3,354
Dec 201901,61259.012.30$3,715
Nov 201901,59055.302.75$4,374
Oct 201901,66253.472.42$4,020
Sep 201901,65655.052.66$4,400
Aug 201901,47553.112.30$3,399
Jul 201901,49556.272.46$3,678
Jun 201901,48052.782.49$3,687
May 201901,57958.482.74$4,327
Apr 201901,41762.632.75$3,898
Mar 201901,52956.803.06$4,682
Feb 201901,51850.852.79$4,239
Jan 201901,41246.033.23$4,558
Dec 201801,48346.594.19$6,207
Nov 201801,39852.934.24$5,924
Oct 201801,55761.443.40$5,291
Sep 201801,46159.543.11$4,541
Aug 201801,55759.403.07$4,775
Jul 201801,63365.142.93$4,788
Jun 201801,60260.183.08$4,929
May 201801,54265.382.90$4,473
Apr 201801,64063.842.90$4,757
Mar 201801,70661.222.79$4,754
Feb 201801,41761.782.77$3,920
Jan 201801,92662.874.01$7,722
Dec 201701,19957.272.92$3,503
Nov 201701,30155.423.12$4,057
Oct 201701,35949.292.98$4,055
Sep 201701,48647.523.09$4,588
Aug 201701,45345.373.00$4,365
Jul 201701,42243.873.09$4,390
Jun 201701,62942.493.09$5,029
May 201701,80845.373.26$5,900
Apr 201701,79547.933.21$5,765
Mar 201701,73946.772.98$5,189
Feb 201701,59550.452.95$4,709
Jan 201701,88549.413.42$6,444
Dec 201601,67548.763.72$6,236
Nov 201601,84042.492.64$4,866
Oct 201601,91246.193.09$5,909
Sep 201601,68341.553.10$5,218
Aug 201601,94541.442.92$5,688
Jul 201601,74541.622.92$5,103
Jun 201602,14845.352.69$5,769
May 201601,66242.521.99$3,309
Apr 201601,58136.561.99$3,148
Mar 201601,83033.011.79$3,283
Feb 201601,76726.472.06$3,646
Jan 201601,70627.352.36$4,034
Dec 201502,12932.362.00$4,261
Nov 201501,97438.792.17$4,278
Oct 201501,87343.552.43$4,545
Sep 201501,91342.992.76$5,277
Aug 201501,87040.162.87$5,372
Jul 201501,89648.152.95$5,584
Jun 201501,92456.152.88$5,547
May 201501,58555.212.96$4,684
Apr 201501,68749.822.71$4,566
Mar 201501,92042.892.93$5,635
Feb 201501,56144.662.98$4,646
Jan 201501,96743.433.10$6,099
Dec 201402,47754.693.59$8,896
Nov 201402,02170.464.25$8,593
Oct 201402,27078.303.90$8,855
Sep 201402,16086.164.05$8,738
Aug 201401,74189.394.04$7,025
Jul 201401,67296.564.18$6,988
Jun 201401,64398.164.74$7,783
May 201401,90894.734.73$9,018
Apr 201401,97995.944.81$9,517
Mar 201401,94995.895.06$9,856
Feb 201401,81097.406.19$11,208
Jan 201402,05190.404.86$9,969
Dec 201301,78691.824.35$7,777
Nov 201301,72688.853.74$6,452
Oct 201301,97897.423.78$7,476
Sep 201301,917104.113.72$7,127
Aug 201301,910104.253.52$6,728
Jul 201302,181102.523.72$8,108
Jun 201302,15594.403.93$8,477
May 201302,34894.834.15$9,742
Apr 201312,46793.964.28$10,659
Mar 201302,73493.623.91$10,698
Feb 201302,75391.233.42$9,415
Jan 201303,27691.603.42$11,204
Dec 201201,78886.773.42$6,115
Nov 201201,83486.953.62$6,648
Oct 201202,15089.383.40$7,309
Sep 201202,10094.672.92$6,129
Aug 201202,42292.662.91$7,044
Jul 201202,44185.133.02$7,374
Jun 201202,39779.822.52$6,038
May 201202,47791.612.49$6,164
Apr 201202,422101.652.00$4,836
Mar 201201,998105.052.22$4,440
Feb 201202,290101.102.57$5,886
Jan 201202,54198.092.73$6,947
Dec 201102,83496.873.24$9,181
Nov 201103,03695.723.31$10,053
Oct 201103,24484.983.65$11,836
Sep 201103,19383.623.99$12,727
Aug 201103,41683.404.15$14,174
Jul 201103,45294.144.52$15,594
Jun 201103,42692.904.64$15,896
May 201103,54198.134.40$15,597
Apr 201103,419105.964.33$14,815
Mar 201103,10996.364.06$12,614
Feb 201102,60885.644.18$10,901
Jan 201133,65686.504.59$17,036
Dec 201003,72085.734.35$16,174
Nov 201003,77180.843.80$14,312
Oct 201003,63878.103.51$12,765
Sep 201003,58772.633.98$14,274
Aug 201014,01073.684.42$17,795
Jul 201004,04772.554.74$19,169
Jun 201003,95570.364.91$19,421
May 201004,10371.124.24$17,377
Apr 201013,98381.694.12$16,502
Mar 201004,14678.394.39$18,195
Feb 201003,78373.585.44$20,588
Jan 201014,65174.365.96$27,813
Dec 200904,33371.445.48$23,761
Nov 200904,23374.593.75$15,880
Oct 200904,38172.544.11$18,007
Sep 200914,43065.543.06$13,642
Aug 200904,67767.423.22$15,053
Jul 200914,68761.133.46$16,299
Jun 200904,37466.163.90$17,037
May 200943,58354.743.93$14,285
Apr 200903,94646.773.59$14,156
Mar 200924,13842.144.06$16,880
Feb 200904,19932.814.63$19,454
Jan 200924,89035.865.37$26,336
Dec 200804,80937.105.98$28,744
Nov 200804,67655.496.86$32,079
Oct 200814,60775.246.92$31,965
Sep 200804,340101.767.88$34,187
Aug 200815,283114.228.48$44,930
Jul 200814,920131.0811.39$56,167
Jun 200805,396131.3313.03$70,324
May 200805,784123.1711.57$66,946
Apr 200805,885110.3110.45$61,527
Mar 200805,585101.909.66$53,974
Feb 200814,20992.538.77$37,008
Jan 200802,61390.388.21$21,442
Dec 200703,16188.337.30$23,082
Nov 200703,21391.677.29$23,428
Oct 200716,21782.856.92$43,117
Sep 200706,64875.846.24$41,511
Aug 200707,16069.066.39$45,738
Jul 200717,13670.906.39$45,655
Jun 200707,44862.007.55$56,221
May 200717,66758.747.85$60,216
Apr 200707,22659.617.81$56,400
Mar 200707,58356.927.30$55,371
Feb 200707,26255.108.22$59,665
Jan 200708,65750.306.73$58,234
Dec 200607,89556.656.92$54,621
Nov 2006011,80754.207.62$89,940
Oct 2006013,17054.906.01$79,202
Sep 2006012,99160.085.04$65,438
Aug 2006012,23068.717.34$89,767
Jul 2006015,43469.376.34$97,894
Jun 2006010,77766.286.38$68,799
May 200609,41866.016.42$60,511
Apr 200609,50664.397.36$69,969
Mar 2006010,16356.707.08$71,984
Feb 200609,35057.597.75$72,473
Jan 200609,33860.598.93$83,419
Dec 2005010,67754.9413.42$143,236
Nov 2005010,10854.6910.59$107,028
Oct 2005012,64058.3413.80$174,378
Sep 2005012,82561.4512.08$154,913
Aug 2005011,97161.519.80$117,278
Jul 2005013,18455.697.84$103,411
Jun 2005013,36152.337.38$98,618
May 2005014,23845.226.65$94,699
Apr 2005014,29249.207.36$105,196
Mar 2005015,05450.377.15$107,710
Feb 2005014,02645.226.31$88,531
Jan 2005018,25043.166.32$115,380
Dec 2004018,35439.866.75$123,909
Nov 2004019,61945.286.33$124,197
Oct 2004024,04949.706.52$156,682
Sep 2004023,98943.245.28$126,755
Aug 2004026,20942.375.55$145,477
Jul 2004024,00038.286.08$146,020
Jun 200405,04536.106.43$32,455
May 2004091137.486.49$5,917
Apr 200405,69434.475.86$33,358
Mar 2004016,30434.365.53$90,163
Feb 2004020,33332.455.51$112,027
Jan 2004019,73432.036.30$124,317
Dec 2003019,42330.266.30$122,397
Nov 2003020,40128.804.60$93,746
Oct 2003023,49128.174.76$111,809
Sep 2003023,72926.314.75$112,698
Aug 2003021,98529.765.13$112,777
Jul 2003024,67429.415.17$127,585
Jun 2003024,42628.565.98$146,140
May 2003028,96826.595.97$173,017
Apr 2003030,58126.675.41$165,360
Mar 2003038,45431.146.10$234,417
Feb 2003034,59933.487.93$274,228
Jan 2003037,23630.315.58$207,853
Dec 2002049,79026.914.85$241,669
Nov 2002061,99224.664.14$256,458
Oct 2002091,34626.464.23$386,313
Sep 20020138,88527.443.64$504,875
Aug 20020190,51025.963.16$602,804

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.

Aug 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.63 =         $0
Gas                   11 Mcf  × $  2.06 =        $23

────────────────────────────────────────────────────
Month total                                      $23

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/191472 is the state's own key, not one this site invented.