FREEMAN 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 193677District 03Field 34773550CondensateGasSave
Value, all time
$21.0 M
Feb 2003 – Mar 2025
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
266
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition90 bbl$6,635
GasProduction3,564,639 Mcf$21,020,721
Total$21,027,356

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 30.4845, -95.9795. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.48449, -95.97946 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
14,500 ft
1 wells filed one
Completion to plug
22.1 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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.

How deep they were drilled

The one well that filed a depth was drilled to 14,500 ft.

Completions filed
Feb 2003
1 of 1 wells
Plug dates filed
Mar 2025
1 of 1 wells

Last completion to plug: a median of 22.1 years across the 1 well that filed both dates, with the middle half between 22.1 years and 22.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-185306691H14,500 ftFeb 2003Mar 2025Yes

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 (266)

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

266 months

Mar 202511067.704.27$745
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 20240169.612.36$2
Aug 2024355275.632.06$1,366
Jul 202402,91479.932.15$6,255
Jun 202403,05878.082.63$8,055
May 202402,21378.812.20$4,865
Apr 202403,14784.451.66$5,222
Mar 202403,42280.301.55$5,287
Feb 202403,56976.091.78$6,366
Jan 202403,47573.023.30$11,459
Dec 202303,76171.262.61$9,819
Nov 202303,23377.892.81$9,077
Oct 202303,34185.443.09$10,315
Sep 202304,39989.042.74$12,031
Aug 202305,44880.522.67$14,562
Jul 202313,86474.852.64$10,283
Jun 202303,94068.962.26$8,898
May 202303,50770.622.23$7,811
Apr 202304,42578.122.24$9,902
Mar 202303,98972.852.39$9,546
Feb 202313,81475.112.47$9,479
Jan 202304,15276.533.39$14,066
Dec 202204,96176.415.73$28,422
Nov 202207,76185.005.65$43,820
Oct 202208,71987.185.86$51,126
Sep 202202,89684.888.16$23,642
Aug 202201,89794.529.13$17,314
Jul 202201,826101.587.54$13,772
Jun 202201,051115.097.98$8,384
May 202201,320109.378.43$11,132
Apr 202202,188104.226.84$14,961
Mar 202201,456108.885.08$7,391
Feb 202201,22791.054.86$5,962
Jan 202201,83681.844.54$8,331
Dec 202101,98971.323.90$7,755
Nov 202101,86277.435.24$9,751
Oct 202101,75579.795.71$10,028
Sep 202101,68569.865.35$9,016
Aug 202101,82266.024.22$7,690
Jul 202101,58970.783.98$6,328
Jun 202101,35469.493.38$4,577
May 202101,47163.483.02$4,439
Apr 202101,48760.362.76$4,102
Mar 202101,71561.302.72$4,660
Feb 202101,50257.805.55$8,333
Jan 202101,97150.412.81$5,539
Dec 202002,82244.642.68$7,550
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 202001,22614.751.80$2,212
Mar 202001,84730.341.86$3,428
Feb 202001,37349.881.98$2,719
Jan 202001,51857.252.09$3,180
Dec 201902,19659.012.30$5,060
Nov 201902,24855.302.75$6,184
Oct 201902,19853.472.42$5,316
Sep 201902,34655.052.66$6,234
Aug 201902,68753.112.30$6,192
Jul 201902,68256.272.46$6,598
Jun 201901,93652.782.49$4,823
May 201902,55358.482.74$6,996
Apr 201902,42262.632.75$6,662
Mar 201902,60156.803.06$7,965
Feb 201902,35250.852.79$6,567
Jan 201902,84346.033.23$9,178
Dec 201803,66646.594.19$15,344
Nov 201807,87452.934.24$33,364
Oct 2018010,80161.443.40$36,703
Sep 2018072459.543.11$2,250
Aug 2018085159.403.07$2,610
Jul 201801,06865.142.93$3,131
Jun 201801,44160.183.08$4,434
May 201801,72265.382.90$4,995
Apr 201801,92663.842.90$5,587
Mar 201802,08561.222.79$5,811
Feb 201801,86661.782.77$5,162
Jan 201802,09862.874.01$8,412
Dec 201702,26157.272.92$6,606
Nov 201702,26055.423.12$7,047
Oct 201702,20849.292.98$6,588
Sep 201702,23047.523.09$6,885
Aug 201701,87545.373.00$5,633
Jul 201702,37043.873.09$7,317
Jun 201702,55342.493.09$7,882
May 201702,83345.373.26$9,245
Apr 201702,50547.933.21$8,045
Mar 201702,36246.772.98$7,047
Feb 201702,54950.452.95$7,526
Jan 201702,21149.413.42$7,559
Dec 201601,83048.763.72$6,813
Nov 201601,77042.492.64$4,681
Oct 201602,17846.193.09$6,731
Sep 201602,20041.553.10$6,821
Aug 201602,20841.442.92$6,457
Jul 201602,31641.622.92$6,773
Jun 201602,41245.352.69$6,478
May 201602,53242.521.99$5,041
Apr 201602,62436.561.99$5,224
Mar 201602,61533.011.79$4,691
Feb 201602,52026.472.06$5,200
Jan 201602,13527.352.36$5,048
Dec 201502,20232.362.00$4,407
Nov 201502,54138.792.17$5,507
Oct 201502,81743.552.43$6,836
Sep 201502,74042.992.76$7,558
Aug 201502,62940.162.87$7,552
Jul 201502,71048.152.95$7,981
Jun 201502,55456.152.88$7,363
May 201502,67055.212.96$7,891
Apr 201502,97049.822.71$8,039
Mar 201503,11842.892.93$9,150
Feb 201502,36044.662.98$7,024
Jan 201502,58543.433.10$8,015
Dec 201404,39554.693.59$15,784
Nov 201403,94470.464.25$16,769
Oct 201404,63078.303.90$18,061
Sep 201404,61486.164.05$18,666
Aug 201403,85189.394.04$15,539
Jul 201404,10296.564.18$17,145
Jun 201403,94798.164.74$18,696
May 201404,68594.734.73$22,144
Apr 201404,91395.944.81$23,627
Mar 201405,05695.895.06$25,567
Feb 201404,49897.406.19$27,852
Jan 201404,51190.404.86$21,927
Dec 201304,45191.824.35$19,382
Nov 201304,73688.853.74$17,704
Oct 201304,98197.423.78$18,825
Sep 201304,979104.113.72$18,511
Aug 201305,214104.253.52$18,367
Jul 201315,209102.523.72$19,468
Jun 201304,97594.403.93$19,569
May 201305,46494.834.15$22,671
Apr 201304,64593.964.28$19,893
Mar 201324,97893.623.91$19,666
Feb 201304,37591.233.42$14,962
Jan 201315,31291.603.42$18,258
Dec 201213,71586.773.42$12,793
Nov 201204,81586.953.62$17,454
Oct 201205,00789.383.40$17,022
Sep 201205,28494.672.92$15,421
Aug 201204,95192.662.91$14,398
Jul 201215,49685.133.02$16,687
Jun 201205,04279.822.52$12,701
May 201205,72191.612.49$14,236
Apr 201203,569101.652.00$7,127
Mar 201205,022105.052.22$11,159
Feb 201214,525101.102.57$11,731
Jan 201215,89898.092.73$16,224
Dec 201116,72096.873.24$21,868
Nov 201115,04895.723.31$16,811
Oct 201146,58584.983.65$24,366
Sep 201106,01683.623.99$23,979
Aug 201105,75883.404.15$23,892
Jul 201105,67394.144.52$25,626
Jun 201115,39092.904.64$25,102
May 201107,26298.134.40$31,988
Apr 201117,006105.964.33$30,465
Mar 201127,08296.364.06$28,927
Feb 201115,96185.644.18$25,003
Jan 201117,00686.504.59$32,235
Dec 201016,58085.734.35$28,694
Nov 201015,27680.843.80$20,105
Oct 201015,93078.103.51$20,886
Sep 201017,20572.633.98$28,745
Aug 201026,64273.684.42$29,501
Jul 201017,86072.554.74$37,301
Jun 201025,90870.364.91$29,151
May 201012,51271.124.24$10,710
Apr 201016,00381.694.12$24,830
Mar 201007,02978.394.39$30,848
Feb 201015,52073.585.44$30,115
Jan 201016,73374.365.96$40,231
Dec 200908,13271.445.48$44,594
Nov 200906,47074.593.75$24,272
Oct 200916,95872.544.11$28,672
Sep 200908,33365.543.06$25,539
Aug 200907,84567.423.22$25,249
Jul 200918,54661.133.46$29,669
Jun 200918,57566.163.90$33,466
May 200947,99854.743.93$31,617
Apr 200928,61146.773.59$30,986
Mar 200927,17642.144.06$29,212
Feb 200917,36032.814.63$34,132
Jan 200959,83335.865.37$52,992
Dec 2008110,94037.105.98$65,427
Nov 2008312,64255.496.86$86,895
Oct 200842,34675.246.92$16,540
Sep 200806,707101.767.88$52,832
Aug 200814,197114.228.48$35,717
Jul 200819,140131.0811.39$104,230
Jun 2008110,193131.3313.03$132,973
May 200804,698123.1711.57$54,376
Apr 2008110,853110.3110.45$113,577
Mar 2008111,566101.909.66$111,877
Feb 200815,88392.538.77$51,690
Jan 2008110,42190.388.21$85,602
Dec 2007010,39288.337.30$75,882
Nov 200709,73691.677.29$70,992
Oct 2007110,78882.856.92$74,757
Sep 200719,83175.846.24$61,462
Aug 200716,61769.066.39$42,338
Jul 2007110,64470.906.39$68,064
Jun 2007210,48362.007.55$79,254
May 2007113,91258.747.85$109,216
Apr 2007213,60259.617.81$106,286
Mar 2007014,90056.927.30$108,799
Feb 2007014,40255.108.22$118,327
Jan 2007014,62050.306.73$98,347
Dec 2006021,48956.656.92$148,670
Nov 2006014,54654.207.62$110,804
Oct 2006019,12154.906.01$114,990
Sep 2006019,62160.085.04$98,835
Aug 2006020,73168.717.34$152,164
Jul 2006017,44069.376.34$110,618
Jun 2006014,19266.286.38$90,600
May 2006014,00666.016.42$89,989
Apr 2006016,29964.397.36$119,968
Mar 2006020,29356.707.08$143,734
Feb 2006019,03357.597.75$147,527
Jan 2006017,99860.598.93$160,782
Dec 2005024,47454.9413.42$328,329
Nov 2005028,29054.6910.59$299,546
Oct 2005029,19958.3413.80$402,822
Sep 2005028,16061.4512.08$340,145
Aug 2005022,76861.519.80$223,054
Jul 2005027,63655.697.84$216,767
Jun 2005027,37352.337.38$202,041
May 2005030,69945.226.65$204,184
Apr 2005029,98449.207.36$220,697
Mar 2005032,91550.377.15$235,503
Feb 2005030,49945.226.31$192,507
Jan 2005034,72443.166.32$219,532
Dec 2004041,86239.866.75$282,614
Nov 2004038,33145.286.33$242,651
Oct 2004038,53149.706.52$251,033
Sep 2004036,24943.245.28$191,536
Aug 2004043,86342.375.55$243,469
Jul 2004036,35038.286.08$221,160
Jun 2004037,13036.106.43$238,858
May 2004044,03237.486.49$285,969
Apr 2004041,69334.475.86$244,257
Mar 2004046,60434.365.53$257,727
Feb 2004047,77932.455.51$263,244
Jan 2004050,59532.036.30$318,730
Dec 2003062,29230.266.30$392,542
Nov 2003064,65128.804.60$297,082
Oct 2003071,07828.174.76$338,306
Sep 2003081,95326.314.75$389,224
Aug 20030102,50529.765.13$525,822
Jul 20030121,37929.415.17$627,631
Jun 20030149,79628.565.98$896,223
May 20030204,45226.595.97$1,221,126
Apr 20030252,50626.675.41$1,365,371
Mar 20030394,68731.146.10$2,406,028
Feb 2003050,27733.487.93$398,489

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.

Mar 2025 — as filed, then multipliedworked
Condensate            11 bbl  × $ 67.70 =       $745
Gas                    0 Mcf  × $  4.27 =         $0

────────────────────────────────────────────────────
Month total                                     $745

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/193677 is the state's own key, not one this site invented.