HOBBS-MUERY 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 195811District 03Field 34773550CondensateGasSaveExport
Value, all time
$13.0 M
Jan 2003 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
281
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.

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
CondensateDisposition21,642 bbl$1,310,327
GasProduction2,033,449 Mcf$11,649,089
Total$12,959,416

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 30.3660, -96.3688. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.36600, -96.36884 · 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
12,349 ft
1 wells filed one
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.

How deep they were drilled

The one well that filed a depth was drilled to 12,349 ft.

Completions filed
Jan 2003
1 of 1 wells

1 well

42-477306031RE12,349 ftJan 2003

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 (281)

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

281 months

May 202603106.413.05$9
Apr 20260598.932.87$14
Mar 20260889.753.15$25
Feb 202601163.503.75$41
Jan 202601359.138.00$104
Dec 202502156.664.41$93
Nov 202508558.593.93$334
Oct 20250059.383.30$0
Sep 202508562.743.08$262
Aug 202508463.933.01$253
Jul 2025012266.743.32$404
Jun 2025010166.483.13$316
May 2025012660.553.23$407
Apr 2025010262.363.54$361
Mar 2025011567.704.27$491
Feb 202506670.884.34$287
Jan 202506874.324.28$291
Dec 2024012468.993.12$387
Nov 202407669.052.20$167
Oct 202406271.372.28$141
Sep 2024012769.612.36$300
Aug 202409675.632.06$198
Jul 2024018279.932.15$391
Jun 2024010878.082.63$284
May 2024013578.812.20$297
Apr 202406384.451.66$105
Mar 2024013580.301.55$209
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20232071.262.61$143
Nov 202318264277.892.81$15,978
Oct 202312,95985.443.09$9,221
Sep 202325,03489.042.74$13,946
Aug 202322,61280.522.67$7,143
Jul 202312,70174.852.64$7,210
Jun 202393,33968.962.26$8,162
May 202301,91370.622.23$4,261
Apr 202301,82578.122.24$4,084
Mar 20231807,07172.852.39$30,035
Feb 202332,32275.112.47$5,951
Jan 202321,35776.533.39$4,750
Dec 202212,39076.415.73$13,769
Nov 202203,70885.005.65$20,936
Oct 20221823,48187.185.86$36,279
Sep 202212,83784.888.16$23,245
Aug 202201,91794.529.13$17,497
Jul 202212,100101.587.54$15,940
Jun 202214,630115.097.98$37,050
May 202259,120109.378.43$77,456
Apr 20220205104.226.84$1,402
Mar 20223781,715108.885.08$49,863
Feb 202203,56091.054.86$17,297
Jan 202256,21381.844.54$28,602
Dec 202102,61071.323.90$10,177
Nov 202103,64477.435.24$19,083
Oct 202102,47879.795.71$14,159
Sep 202102,78769.865.35$14,913
Aug 20211366,17366.024.22$35,032
Jul 202104,06270.783.98$16,175
Jun 202101,58769.493.38$5,365
May 202103,66663.483.02$11,063
Apr 20211923,91060.362.76$22,375
Mar 202154,93261.302.72$13,706
Feb 202113,47257.805.55$19,320
Jan 202133,04150.412.81$8,697
Dec 202033,02144.642.68$8,216
Nov 20201934,27938.772.71$19,064
Oct 202043,71136.972.48$9,345
Sep 202033,80837.091.99$7,693
Aug 202003,99039.982.39$9,517
Jul 202053,21038.371.83$6,050
Jun 202033,66334.901.69$6,296
May 202073,77316.921.81$6,965
Apr 20201853,70514.751.80$9,414
Mar 20201893,56430.341.86$12,350
Feb 202024,02549.881.98$8,072
Jan 202013,32357.252.09$7,018
Dec 201913,77659.012.30$8,760
Nov 20191833,49555.302.75$19,734
Oct 201933,40853.472.42$8,403
Sep 201923,58155.052.66$9,626
Aug 201923,82753.112.30$8,925
Jul 201924,23456.272.46$10,528
Jun 201938,20552.782.49$20,599
May 20191804,91958.482.74$24,006
Apr 201901562.632.75$41
Mar 20190056.803.06$0
Feb 20190450.852.79$11
Jan 201921,46046.033.23$4,805
Dec 201855,13846.594.19$21,738
Nov 201815,90652.934.24$25,078
Oct 20181914,99761.443.40$28,715
Sep 201815,35159.543.11$16,690
Aug 2018014,27259.403.07$43,766
Jul 201812,02965.142.93$6,014
Jun 20181829760.183.08$11,251
May 2018012765.382.90$368
Apr 201802,43563.842.90$7,063
Mar 201812,25061.222.79$6,332
Feb 201834,46961.782.77$12,547
Jan 201832,84762.874.01$11,603
Dec 20171795,19957.272.92$25,440
Nov 2017080655.423.12$2,513
Oct 201703,20949.292.98$9,575
Sep 201743,86947.523.09$12,135
Aug 201702,81545.373.00$8,457
Jul 201703,78043.873.09$11,670
Jun 201734,48842.493.09$13,983
May 20171864,54845.373.26$23,281
Apr 201732,17947.933.21$7,142
Mar 201713,91346.772.98$11,722
Feb 201713,81250.452.95$11,306
Jan 20171655,14949.413.42$25,756
Dec 201623,66648.763.72$13,745
Nov 201604,10842.492.64$10,863
Oct 201603,23546.193.09$9,997
Sep 201604,28041.553.10$13,271
Aug 20161825,20641.442.92$22,766
Jul 201633,52641.622.92$10,436
Jun 201644,44245.352.69$12,112
May 201635,48642.521.99$11,050
Apr 201634,49036.561.99$9,049
Mar 20161794,32833.011.79$13,673
Feb 201663,57026.472.06$7,526
Jan 201634,41827.352.36$10,528
Dec 20151704,26932.362.00$14,045
Nov 201534,19738.792.17$9,213
Oct 201524,85243.552.43$11,861
Sep 201544,90842.992.76$13,710
Aug 201525,01040.162.87$14,471
Jul 20153633,49848.152.95$27,780
Jun 201504,14256.152.88$11,941
May 201505,99455.212.96$17,715
Apr 201553,36749.822.71$9,362
Mar 20151824,78342.892.93$21,843
Feb 201534,17644.662.98$12,563
Jan 2015104,41743.433.10$14,130
Dec 20141904,76254.693.59$27,493
Nov 201434,56470.464.25$19,617
Oct 201423,90578.303.90$15,390
Sep 201434,80186.164.05$19,681
Aug 201414,35089.394.04$17,642
Jul 201424,11796.564.18$17,401
Jun 20141904,40198.164.74$39,497
May 201447,14594.734.73$34,150
Apr 201412,68195.944.81$12,989
Mar 201455,82895.895.06$29,950
Feb 20141934,74297.406.19$48,161
Jan 201435,12590.404.86$25,182
Dec 201335,00191.824.35$22,052
Nov 20131905,99888.853.74$39,304
Oct 201305,30197.423.78$20,034
Sep 201344,706104.113.72$17,912
Aug 201305,540104.253.52$19,515
Jul 20131896,401102.523.72$43,174
Jun 201314,90194.403.93$19,372
May 201326,36094.834.15$26,578
Apr 201323,97593.964.28$17,211
Mar 201324,61093.623.91$18,226
Feb 20131854,73791.233.42$33,078
Jan 201346,53191.603.42$22,702
Dec 201214,05686.773.42$13,959
Nov 20121074,63786.953.62$26,113
Oct 201254,42989.383.40$15,504
Sep 201225,35594.672.92$15,817
Aug 20121875,44492.662.91$33,159
Jul 201215,57385.133.02$16,920
Jun 201236,12179.822.52$15,659
May 20121878,95291.612.49$39,407
Apr 201224,876101.652.00$9,940
Mar 201256,389105.052.22$14,722
Feb 20121885,348101.102.57$32,752
Jan 201226,08298.092.73$16,825
Dec 201136,57496.873.24$21,589
Nov 20111937,17195.723.31$42,219
Oct 201127,53184.983.65$27,647
Sep 201126,94883.623.99$27,861
Aug 20111896,79783.404.15$43,966
Jul 201116,66194.144.52$30,183
Jun 20111896,85292.904.64$49,351
May 201128,33898.134.40$36,924
Apr 201156,188105.964.33$27,344
Mar 20111947,84696.364.06$50,528
Feb 201147,33685.644.18$31,007
Jan 20111957,76986.504.59$52,518
Dec 201057,24585.734.35$31,928
Nov 20101867,46580.843.80$43,368
Oct 201028,53278.103.51$30,094
Sep 20101888,12872.633.98$46,000
Aug 201038,43373.684.42$37,490
Jul 201047,74172.554.74$36,955
Jun 20101898,82170.364.91$56,613
May 2010411,82871.124.24$50,379
Apr 20101935,26481.694.12$37,468
Mar 2010410,02778.394.39$44,319
Feb 20101937,72873.585.44$56,260
Jan 201058,03974.365.96$48,317
Dec 20091918,73371.445.48$61,535
Nov 200938,48274.593.75$32,044
Oct 20091919,33572.544.11$52,224
Sep 200918,21065.543.06$25,227
Aug 200959,59367.423.22$31,212
Jul 20091847,83161.133.46$38,378
Jun 200929,04166.163.90$35,347
May 200919111,97254.743.93$57,454
Apr 200937,06346.773.59$25,479
Mar 20091909,31542.144.06$45,816
Feb 200957,22732.814.63$33,647
Jan 200947,93335.865.37$42,752
Dec 20081959,97737.105.98$66,868
Nov 2008710,23255.496.86$70,584
Oct 20081868,11575.246.92$70,167
Sep 20081949,570101.767.88$95,125
Aug 2008911,618114.228.48$99,584
Jul 200819610,267131.0811.39$142,627
Jun 200839,105131.3313.03$119,056
May 200819713,701123.1711.57$182,844
Apr 2008109,622110.3110.45$101,700
Mar 200819810,836101.909.66$124,896
Feb 2008412,22992.538.77$107,626
Jan 200820711,57190.388.21$113,657
Dec 200719114,89888.337.30$125,656
Nov 20071315,90391.677.29$117,152
Oct 200739616,13582.856.92$144,495
Sep 2007614,47475.846.24$90,833
Aug 200720618,10169.066.39$129,854
Jul 200739816,81270.906.39$135,612
Jun 200718623,04762.007.55$185,501
May 200751728,13558.747.85$251,124
Apr 200719310,64259.617.81$94,568
Mar 200722216,63956.927.30$134,134
Feb 20072511,82655.108.22$98,540
Jan 2007188,15150.306.73$55,736
Dec 200621710,36656.656.92$84,010
Nov 2006164,34654.207.62$33,973
Oct 2006382,06754.906.01$14,517
Sep 200618612,75560.085.04$75,424
Aug 2006172168.717.34$1,322
Jul 20063016869.376.34$3,147
Jun 20062154,73566.286.38$44,478
May 2006588466.016.42$6,010
Apr 2006515,13764.397.36$111,738
Mar 200619720,25856.707.08$154,656
Feb 200618417,86457.597.75$149,063
Jan 200620721,11360.598.93$201,151
Dec 200522823,91254.9413.42$333,315
Nov 200541319,70154.6910.59$231,189
Oct 20054119,98458.3413.80$278,086
Sep 200521618,47861.4512.08$236,469
Aug 20053323,34561.519.80$230,737
Jul 200520433,82155.697.84$276,641
Jun 200519711,80052.337.38$97,405
May 200522825,99245.226.65$183,187
Apr 200526223,66049.207.36$187,039
Mar 200524026,13250.377.15$199,060
Feb 200520922,42845.226.31$151,015
Jan 200520921,01243.166.32$141,863
Dec 200418631,52339.866.75$220,228
Nov 200420318,22445.286.33$124,557
Oct 200419125,84149.706.52$177,849
Sep 200438024,04843.245.28$143,498
Aug 200423124,27542.375.55$144,530
Jul 200439128,03238.286.08$185,519
Jun 200420326,19336.106.43$175,828
May 200420325,37337.486.49$172,395
Apr 200441826,14834.475.86$167,595
Mar 200420926,92234.365.53$156,064
Feb 200440228,68632.455.51$171,094
Jan 200427229,45732.036.30$194,281
Dec 200341524,71130.266.30$168,278
Nov 200321522,17828.804.60$108,103
Oct 200320927,66428.174.76$137,558
Sep 200338324,71026.314.75$127,433
Aug 20031318,51029.765.13$95,338
Jul 2003175129.415.17$5,152
Jun 200314118,62428.565.98$115,454
May 2003284,55126.595.97$27,926
Apr 2003571,23326.675.41$8,187
Mar 200313131.146.10$411
Feb 20038133.487.93$276
Jan 200313230.315.58$209

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                    3 Mcf  × $  3.05 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/195811 is the state's own key, not one this site invented.