HEYMAN UNIT

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 201042District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
Mar 2004 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
267
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 Gas112004-07-15157038
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
CondensateDisposition15 bbl$977
GasProduction521,298 Mcf$3,055,992
Total$3,056,969

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 30.4898, -95.9416. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.48975, -95.94160 · 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
14,266 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 14,266 ft.

Completions filed
Mar 2004
1 of 1 wells

1 well

42-185306772H14,266 ftMar 2004

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 (267)

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

267 months

May 20260521106.413.05$1,587
Apr 20260098.932.87$0
Mar 202606489.753.15$202
Feb 202601163.503.75$41
Jan 2026022259.138.00$1,776
Dec 2025038056.664.41$1,677
Nov 2025024558.593.93$962
Oct 2025026459.383.30$872
Sep 2025086462.743.08$2,658
Aug 2025047863.933.01$1,441
Jul 202506366.743.32$209
Jun 202503066.483.13$94
May 202507060.553.23$226
Apr 2025048762.363.54$1,726
Mar 2025045767.704.27$1,951
Feb 2025043070.884.34$1,867
Jan 2025049974.324.28$2,135
Dec 2024047268.993.12$1,473
Nov 2024046669.052.20$1,024
Oct 2024049971.372.28$1,138
Sep 2024052369.612.36$1,237
Aug 2024052375.632.06$1,079
Jul 2024052579.932.15$1,127
Jun 2024051878.082.63$1,364
May 2024049978.812.20$1,097
Apr 2024058184.451.66$964
Mar 2024056180.301.55$867
Feb 2024048676.091.78$867
Jan 2024053673.023.30$1,768
Dec 2023047571.262.61$1,240
Nov 2023048977.892.81$1,373
Oct 2023052085.443.09$1,605
Sep 2023052689.042.74$1,439
Aug 2023054580.522.67$1,457
Jul 2023054374.852.64$1,435
Jun 2023053468.962.26$1,206
May 2023061470.622.23$1,368
Apr 2023048878.122.24$1,092
Mar 2023064872.852.39$1,551
Feb 2023051275.112.47$1,262
Jan 2023053876.533.39$1,823
Dec 2022058576.415.73$3,352
Nov 2022055785.005.65$3,145
Oct 2022065987.185.86$3,864
Sep 2022071384.888.16$5,821
Aug 2022056094.529.13$5,111
Jul 20220572101.587.54$4,314
Jun 20220557115.097.98$4,443
May 20220580109.378.43$4,891
Apr 20220575104.226.84$3,932
Mar 20220598108.885.08$3,036
Feb 2022055091.054.86$2,672
Jan 2022062181.844.54$2,818
Dec 2021074171.323.90$2,889
Nov 2021077877.435.24$4,074
Oct 2021067779.795.71$3,868
Sep 2021076869.865.35$4,110
Aug 2021072066.024.22$3,039
Jul 2021083870.783.98$3,337
Jun 2021095269.493.38$3,218
May 2021035363.483.02$1,065
Apr 2021062060.362.76$1,710
Mar 2021068761.302.72$1,867
Feb 2021047857.805.55$2,652
Jan 2021062450.412.81$1,754
Dec 2020063244.642.68$1,691
Nov 2020061538.772.71$1,665
Oct 2020056736.972.48$1,405
Sep 2020055237.091.99$1,099
Aug 2020058239.982.39$1,388
Jul 2020054438.371.83$993
Jun 2020055734.901.69$942
May 2020059216.921.81$1,074
Apr 2020051414.751.80$927
Mar 2020063530.341.86$1,179
Feb 2020064249.881.98$1,272
Jan 2020078057.252.09$1,634
Dec 2019074459.012.30$1,714
Nov 2019072155.302.75$1,983
Oct 2019084053.472.42$2,032
Sep 2019054155.052.66$1,438
Aug 2019075853.112.30$1,747
Jul 2019088056.272.46$2,165
Jun 201901,16052.782.49$2,890
May 2019039158.482.74$1,071
Apr 2019081962.632.75$2,253
Mar 2019089656.803.06$2,744
Feb 2019074750.852.79$2,086
Jan 2019072146.033.23$2,328
Dec 2018079146.594.19$3,311
Nov 2018083152.934.24$3,521
Oct 2018077161.443.40$2,620
Sep 2018078459.543.11$2,437
Aug 2018078759.403.07$2,413
Jul 2018082265.142.93$2,410
Jun 2018083660.183.08$2,572
May 2018068165.382.90$1,975
Apr 2018069163.842.90$2,004
Mar 2018076461.222.79$2,129
Feb 2018068861.782.77$1,903
Jan 2018079862.874.01$3,199
Dec 2017062757.272.92$1,832
Nov 2017054055.423.12$1,684
Oct 2017069749.292.98$2,080
Sep 2017068947.523.09$2,127
Aug 2017069545.373.00$2,088
Jul 2017086343.873.09$2,664
Jun 2017082442.493.09$2,544
May 2017080745.373.26$2,634
Apr 2017080047.933.21$2,569
Mar 2017081146.772.98$2,420
Feb 2017079650.452.95$2,350
Jan 2017099149.413.42$3,388
Dec 2016082948.763.72$3,086
Nov 201601,27442.492.64$3,369
Oct 2016053346.193.09$1,647
Sep 2016072041.553.10$2,232
Aug 2016071641.442.92$2,094
Jul 2016061641.622.92$1,801
Jun 2016060845.352.69$1,633
May 2016055542.521.99$1,105
Apr 2016053036.561.99$1,055
Mar 2016067533.011.79$1,211
Feb 2016059126.472.06$1,220
Jan 2016058427.352.36$1,381
Dec 2015060632.362.00$1,213
Nov 2015056438.792.17$1,222
Oct 2015071443.552.43$1,733
Sep 2015055042.992.76$1,517
Aug 201501,10640.162.87$3,177
Jul 2015099748.152.95$2,936
Jun 2015075956.152.88$2,188
May 2015086955.212.96$2,568
Apr 2015063649.822.71$1,721
Mar 2015070842.892.93$2,078
Feb 2015087244.662.98$2,595
Jan 201501,23643.433.10$3,832
Dec 2014097254.693.59$3,491
Nov 2014059470.464.25$2,526
Oct 2014070078.303.90$2,731
Sep 2014066786.164.05$2,698
Aug 2014066389.394.04$2,675
Jul 2014039996.564.18$1,668
Jun 2014045398.164.74$2,146
May 2014065494.734.73$3,091
Apr 2014055495.944.81$2,664
Mar 2014071395.895.06$3,606
Feb 2014065597.406.19$4,056
Jan 2014088390.404.86$4,292
Dec 2013087991.824.35$3,828
Nov 2013056888.853.74$2,123
Oct 2013083397.423.78$3,148
Sep 20130685104.113.72$2,547
Aug 20130720104.253.52$2,536
Jul 20130973102.523.72$3,617
Jun 2013035594.403.93$1,396
May 2013078294.834.15$3,245
Apr 2013050393.964.28$2,154
Mar 2013277793.623.91$3,228
Feb 2013070291.233.42$2,401
Jan 2013091591.603.42$3,129
Dec 2012087186.773.42$2,979
Nov 2012077686.953.62$2,813
Oct 2012084989.383.40$2,886
Sep 2012089694.672.92$2,615
Aug 2012082092.662.91$2,385
Jul 201201,08185.133.02$3,265
Jun 2012070979.822.52$1,786
May 2012182591.612.49$2,144
Apr 20120932101.652.00$1,861
Mar 20120979105.052.22$2,175
Feb 20120791101.102.57$2,033
Jan 201201,00698.092.73$2,750
Dec 2011050196.873.24$1,623
Nov 2011064795.723.31$2,142
Oct 2011092184.983.65$3,360
Sep 2011080383.623.99$3,201
Aug 2011084783.404.15$3,514
Jul 201101,06294.144.52$4,797
Jun 201101,42192.904.64$6,593
May 201101,46098.134.40$6,431
Apr 201111,572105.964.33$6,918
Mar 201101,40096.364.06$5,680
Feb 201101,02885.644.18$4,297
Jan 201101,41886.504.59$6,507
Dec 201001,42785.734.35$6,204
Nov 201001,14080.843.80$4,327
Oct 2010049878.103.51$1,747
Sep 2010166172.633.98$2,703
Aug 201001,13773.684.42$5,025
Jul 2010086672.554.74$4,102
Jun 201001,39170.364.91$6,830
May 201011,05071.124.24$4,518
Apr 201001,15081.694.12$4,741
Mar 201001,14978.394.39$5,043
Feb 2010079573.585.44$4,327
Jan 2010050774.365.96$3,024
Dec 200911,13171.445.48$6,274
Nov 2009099574.593.75$3,733
Oct 200901,52972.544.11$6,285
Sep 200901,07765.543.06$3,301
Aug 200901,40567.423.22$4,522
Jul 200901,59361.133.46$5,519
Jun 200921,33466.163.90$5,328
May 200901,52754.743.93$5,995
Apr 2009193846.773.59$3,412
Mar 2009372442.144.06$3,065
Feb 200901,94032.814.63$8,988
Jan 200922,36635.865.37$12,780
Dec 200801,63137.105.98$9,749
Nov 200801,25055.496.86$8,575
Oct 200801,37675.246.92$9,525
Sep 200802,000101.767.88$15,754
Aug 200801,630114.228.48$13,827
Jul 200801,713131.0811.39$19,510
Jun 200801,800131.3313.03$23,459
May 200801,815123.1711.57$21,007
Apr 200801,535110.3110.45$16,048
Mar 20080823101.909.66$7,954
Feb 200801,09292.538.77$9,577
Jan 200801,59990.388.21$13,121
Dec 200701,12888.337.30$8,237
Nov 200701,50791.677.29$10,989
Oct 200701,67582.856.92$11,594
Sep 200701,72475.846.24$10,765
Aug 200701,69769.066.39$10,840
Jul 200701,72170.906.39$10,994
Jun 200702,41862.007.55$18,252
May 200702,38258.747.85$18,690
Apr 200703,24459.617.81$25,320
Mar 200702,52056.927.30$18,401
Feb 200702,49955.108.22$20,532
Jan 200702,46250.306.73$16,562
Dec 200601,60856.656.92$11,125
Nov 200601,78254.207.62$13,574
Oct 200602,59654.906.01$15,612
Sep 200602,11660.085.04$10,659
Aug 200604,03268.717.34$29,595
Jul 200603,55669.376.34$22,555
Jun 200603,43566.286.38$21,929
May 200603,35466.016.42$21,549
Apr 200603,43564.397.36$25,283
Mar 200603,86956.707.08$27,404
Feb 200604,35557.597.75$33,756
Jan 200603,91760.598.93$34,992
Dec 200504,12554.9413.42$55,339
Nov 200504,74254.6910.59$50,210
Oct 200504,82658.3413.80$66,578
Sep 200504,83261.4512.08$58,366
Aug 200505,12061.519.80$50,160
Jul 200505,98655.697.84$46,952
Jun 200505,30652.337.38$39,164
May 200505,92445.226.65$39,401
Apr 200507,88049.207.36$58,001
Mar 200507,87750.377.15$56,359
Feb 200504,83045.226.31$30,487
Jan 200507,92543.166.32$50,103
Dec 200409,35839.866.75$63,177
Nov 2004010,35645.286.33$65,558
Oct 2004010,42049.706.52$67,887
Sep 2004011,12343.245.28$58,773
Aug 2004014,19242.375.55$78,775
Jul 2004016,98038.286.08$103,309
Jun 2004018,40236.106.43$118,380
May 2004024,15037.486.49$156,844
Apr 2004034,15234.475.86$200,078
Mar 2004067,22134.365.53$371,742

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                  521 Mcf  × $  3.05 =     $1,587

────────────────────────────────────────────────────
Month total                                   $1,587

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/201042 is the state's own key, not one this site invented.