MEINEN OL UNIT 2

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 199305District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.3 M
Oct 2003 – May 2026
Value, last 12 filed months
$134 k
at the published price for each month
Months reported
272
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 Gas112004-05-27156857
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
CondensateDisposition8,159 bbl$481,076
GasProduction1,965,730 Mcf$10,840,726
Total$11,321,801

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 29.9880, -96.7036. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.98804, -96.70356 · 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
Oct 2003
1 of 1 wells

1 well

42-149331291Oct 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 (272)

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

272 months

May 202602,666106.413.05$8,120
Apr 202602,26298.932.87$6,491
Mar 202602,44689.753.15$7,704
Feb 202602,35463.503.75$8,828
Jan 2026982,53459.138.00$26,061
Dec 202502,56056.664.41$11,298
Nov 202502,48658.593.93$9,761
Oct 202502,69759.383.30$8,913
Sep 202502,56162.743.08$7,880
Aug 202502,72363.933.01$8,209
Jul 202502,98066.743.32$9,879
Jun 20251783,00466.483.13$21,232
May 202512,85060.553.23$9,273
Apr 2025312,70162.363.54$11,503
Mar 202502,74267.704.27$11,704
Feb 202502,03970.884.34$8,851
Jan 202502,14774.324.28$9,186
Dec 202402,29668.993.12$7,167
Nov 202402,34969.052.20$5,164
Oct 202402,74271.372.28$6,256
Sep 202402,80369.612.36$6,627
Aug 202401,82975.632.06$3,774
Jul 202411,96479.932.15$4,296
Jun 202401,98578.082.63$5,228
May 20241752,43778.812.20$19,149
Apr 202402,34784.451.66$3,894
Mar 202412,47480.301.55$3,903
Feb 202402,63376.091.78$4,696
Jan 202403,20973.023.30$10,582
Dec 202303,52571.262.61$9,203
Nov 202303,43877.892.81$9,652
Oct 202303,93385.443.09$12,142
Sep 202304,11289.042.74$11,246
Aug 20231877,07480.522.67$33,965
Jul 202315,63074.852.64$14,948
Jun 202301,69768.962.26$3,833
May 202306,31170.622.23$14,057
Apr 202302778.122.24$60
Mar 20230072.852.39$0
Feb 202301,06875.112.47$2,633
Jan 20230076.533.39$0
Dec 202201,62076.415.73$9,281
Nov 202202,83485.005.65$16,001
Oct 202202,92287.185.86$17,134
Sep 202213,08584.888.16$25,270
Aug 20221782,43594.529.13$39,049
Jul 202203,057101.587.54$23,056
Jun 202212,907115.097.98$23,305
May 202203,126109.378.43$26,362
Apr 202203,105104.226.84$21,231
Mar 202203,037108.885.08$15,417
Feb 202212,72091.054.86$13,307
Jan 202213,00681.844.54$13,722
Dec 202102,44771.323.90$9,541
Nov 202124,83977.435.24$25,496
Oct 202102,62379.795.71$14,987
Sep 20211873,05169.865.35$29,389
Aug 202103,28466.024.22$13,860
Jul 20210070.783.98$0
Jun 202102,20569.493.38$7,454
May 202102,82363.483.02$8,519
Apr 202102,80260.362.76$7,729
Mar 202102,84661.302.72$7,732
Feb 202102,53157.805.55$14,042
Jan 202103,17450.412.81$8,920
Dec 202002,94044.642.68$7,866
Nov 202002,86438.772.71$7,752
Oct 202002,62736.972.48$6,511
Sep 202002,83337.091.99$5,641
Aug 202013,01039.982.39$7,219
Jul 202002,79138.371.83$5,094
Jun 202002,67734.901.69$4,525
May 202002,83416.921.81$5,143
Apr 202002,49014.751.80$4,493
Mar 202002,93530.341.86$5,448
Feb 202002,80149.881.98$5,548
Jan 20201663,40357.252.09$16,632
Dec 201903,15459.012.30$7,268
Nov 201902,79255.302.75$7,680
Oct 201902,95953.472.42$7,156
Sep 201902,69155.052.66$7,151
Aug 201902,92153.112.30$6,731
Jul 201902,88856.272.46$7,105
Jun 201902,75652.782.49$6,866
May 201902,80258.482.74$7,678
Apr 201902,86862.632.75$7,889
Mar 201903,05456.803.06$9,352
Feb 20191592,93850.852.79$16,289
Jan 201902,70146.033.23$8,719
Dec 201803,12146.594.19$13,063
Nov 201802,98552.934.24$12,648
Oct 201802,71661.443.40$9,229
Sep 201802,90859.543.11$9,038
Aug 201802,82459.403.07$8,660
Jul 201802,77965.142.93$8,148
Jun 201802,79460.183.08$8,597
May 201802,89965.382.90$8,409
Apr 201803,06263.842.90$8,882
Mar 201803,11561.222.79$8,681
Feb 20181932,79061.782.77$19,641
Jan 201803,08162.874.01$12,353
Dec 201703,15657.272.92$9,220
Nov 201703,05455.423.12$9,523
Oct 201703,11049.292.98$9,279
Sep 201723,05447.523.09$9,524
Aug 201703,03945.373.00$9,130
Jul 201703,13343.873.09$9,672
Jun 201703,05842.493.09$9,441
May 201703,18745.373.26$10,400
Apr 201703,09047.933.21$9,924
Mar 201703,15646.772.98$9,416
Feb 201702,84550.452.95$8,400
Jan 20171803,18849.413.42$19,793
Dec 201603,28148.763.72$12,215
Nov 201603,23842.492.64$8,562
Oct 201603,28946.193.09$10,164
Sep 201603,23741.553.10$10,037
Aug 201603,25841.442.92$9,528
Jul 201603,32141.622.92$9,712
Jun 201603,21545.352.69$8,635
May 201603,31542.521.99$6,600
Apr 201603,32336.561.99$6,616
Mar 201603,32033.011.79$5,956
Feb 2016823,17826.472.06$8,729
Jan 201603,42427.352.36$8,096
Dec 201503,45132.362.00$6,907
Nov 201503,35838.792.17$7,278
Oct 201503,55043.552.43$8,614
Sep 201503,48042.992.76$9,599
Aug 201503,47640.162.87$9,985
Jul 201503,51548.152.95$10,352
Jun 201503,42956.152.88$9,885
May 20151953,70355.212.96$21,710
Apr 201503,77049.822.71$10,204
Mar 201504,03542.892.93$11,842
Feb 201503,40344.662.98$10,128
Jan 201503,83543.433.10$11,891
Dec 201403,75154.693.59$13,471
Nov 201403,67270.464.25$15,613
Oct 201403,81878.303.90$14,894
Sep 201403,71386.164.05$15,021
Aug 201403,82589.394.04$15,434
Jul 201403,81396.564.18$15,937
Jun 201403,70198.164.74$17,531
May 201403,74194.734.73$17,682
Apr 20141893,55595.944.81$35,229
Mar 201403,76695.895.06$19,044
Feb 201403,27697.406.19$20,285
Jan 201403,70990.404.86$18,028
Dec 201303,74591.824.35$16,308
Nov 201303,68588.853.74$13,776
Oct 201303,89597.423.78$14,721
Sep 201303,752104.113.72$13,949
Aug 201303,850104.253.52$13,562
Jul 201303,816102.523.72$14,187
Jun 20131883,92394.403.93$33,178
May 201304,08494.834.15$16,945
Apr 201303,84493.964.28$16,462
Mar 201304,02093.623.91$15,730
Feb 201303,55091.233.42$12,141
Jan 201303,95391.603.42$13,519
Dec 201204,15786.773.42$14,218
Nov 201203,93686.953.62$14,268
Oct 201204,11489.383.40$13,986
Sep 20121784,10994.672.92$28,843
Aug 201204,15692.662.91$12,086
Jul 201204,06085.133.02$12,264
Jun 201203,96479.822.52$9,985
May 201204,10291.612.49$10,207
Apr 201203,830101.652.00$7,648
Mar 201204,032105.052.22$8,959
Feb 201203,967101.102.57$10,196
Jan 201204,19098.092.73$11,456
Dec 20111874,24496.873.24$31,864
Nov 201104,35795.723.31$14,427
Oct 201104,60284.983.65$16,791
Sep 201104,40983.623.99$17,573
Aug 201104,46783.404.15$18,535
Jul 201104,47494.144.52$20,210
Jun 201104,42192.904.64$20,513
May 201104,47398.134.40$19,703
Apr 201104,376105.964.33$18,962
Mar 201104,62796.364.06$18,773
Feb 20111944,19085.644.18$34,128
Jan 201104,74386.504.59$21,765
Dec 201004,79685.734.35$20,852
Nov 201004,60680.843.80$17,481
Oct 201004,80278.103.51$16,850
Sep 201004,80372.633.98$19,113
Aug 201005,13073.684.42$22,671
Jul 201004,96172.554.74$23,498
Jun 201004,73070.364.91$23,226
May 201004,78371.124.24$20,257
Apr 201004,63581.694.12$19,109
Mar 20101944,95878.394.39$36,967
Feb 201004,45373.585.44$24,235
Jan 201004,97374.365.96$29,659
Dec 200905,14871.445.48$28,230
Nov 200904,94674.593.75$18,555
Oct 200905,13072.544.11$21,086
Sep 200905,06065.543.06$15,508
Aug 200905,22767.423.22$16,823
Jul 200905,20061.133.46$18,015
Jun 20091935,17866.163.90$32,937
May 200905,35254.743.93$21,011
Apr 200905,15646.773.59$18,497
Mar 200905,50842.144.06$22,357
Feb 200905,05132.814.63$23,401
Jan 200905,66835.865.37$30,443
Dec 200805,81037.105.98$34,727
Nov 200806,70955.496.86$46,026
Oct 200806,55375.246.92$45,360
Sep 20081935,176101.767.88$60,412
Aug 200805,851114.228.48$49,634
Jul 200806,019131.0811.39$68,553
Jun 200806,034131.3313.03$78,639
May 200806,958123.1711.57$80,534
Apr 200805,457110.3110.45$57,052
Mar 200806,026101.909.66$58,236
Feb 200806,05892.538.77$53,132
Jan 20081996,65890.388.21$72,619
Dec 200707,49688.337.30$54,736
Nov 200706,87791.677.29$50,145
Oct 200706,48682.856.92$44,896
Sep 200706,76775.846.24$42,254
Aug 200707,47369.066.39$47,737
Jul 200729,03570.906.39$57,857
Jun 20071826,22462.007.55$58,266
May 200707,62358.747.85$59,812
Apr 200727,35359.617.81$57,511
Mar 200728,70156.927.30$63,648
Feb 20072008,54255.108.22$81,201
Jan 200709,07250.306.73$61,026
Dec 2006210,11556.656.92$70,093
Nov 2006310,48554.207.62$80,032
Oct 2006510,56454.906.01$63,804
Sep 200618712,71660.085.04$75,288
Aug 2006718,03868.717.34$132,878
Jul 20064417,80569.376.34$115,985
Jun 200623,03266.286.38$19,488
May 20061642,85766.016.42$29,182
Apr 200618,40764.397.36$61,944
Mar 200619,20256.707.08$65,234
Feb 200639,16557.597.75$71,212
Jan 20061868,58060.598.93$87,918
Dec 2005111,63354.9413.42$156,116
Nov 2005112,77554.6910.59$135,322
Oct 2005014,94058.3413.80$206,109
Sep 200514412,92361.4512.08$164,946
Aug 2005214,83861.519.80$145,489
Jul 2005215,61755.697.84$122,606
Jun 200519214,80752.337.38$119,338
May 2005318,81445.226.65$125,271
Apr 2005220,27349.207.36$149,317
Mar 200518721,56050.377.15$163,678
Feb 2005122,45645.226.31$141,786
Jan 200518024,70143.166.32$163,933
Dec 200418427,81339.866.75$195,102
Nov 200411031,36245.286.33$203,515
Oct 200422129,35449.706.52$202,228
Sep 200419524,14943.245.28$136,033
Aug 2004142,66542.375.55$236,861
Jul 200416025,97438.286.08$164,155
Jun 200416939,53336.106.43$260,417
May 200418149,33237.486.49$327,175
Apr 200436258,98434.475.86$358,034
Mar 200437356,99034.365.53$327,979
Feb 200438467,83432.455.51$386,200
Jan 200418874,12632.036.30$472,989
Dec 200318669,93230.266.30$446,315
Nov 20030141,78028.804.60$651,502
Oct 2003022,53928.174.76$107,278

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                2,666 Mcf  × $  3.05 =     $8,120

────────────────────────────────────────────────────
Month total                                   $8,120

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/199305 is the state's own key, not one this site invented.