COBB 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 201524District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.2 M
Jan 2004 – May 2026
Value, last 12 filed months
$166 k
at the published price for each month
Months reported
269
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 Gas112004-07-15158072
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
CondensateDisposition18 bbl$1,344
GasProduction2,489,882 Mcf$13,198,967
Total$13,200,311

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 30.1194, -96.4544. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.11940, -96.45444 · 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
14,991 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 14,991 ft.

Completions filed
Jan 2004
1 of 1 wells

1 well

42-47730945214,991 ftJan 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 (269)

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

269 months

May 202602,662106.413.05$8,108
Apr 202602,22398.932.87$6,379
Mar 202605,23389.753.15$16,481
Feb 202602,73863.503.75$10,268
Jan 202601,68959.138.00$13,508
Dec 202502,42356.664.41$10,694
Nov 202505,58358.593.93$21,921
Oct 202516,23259.383.30$20,655
Sep 202503,35262.743.08$10,314
Aug 202514,07263.933.01$12,340
Jul 202505,44866.743.32$18,061
Jun 202515,56766.483.13$17,484
May 202507,24660.553.23$23,421
Apr 202502,36862.363.54$8,390
Mar 202505,28367.704.27$22,550
Feb 202502,91070.884.34$12,632
Jan 202535,22674.324.28$22,583
Dec 202415,99768.993.12$18,788
Nov 202408,62569.052.20$18,962
Oct 202402771.372.28$62
Sep 202405,73669.612.36$13,562
Aug 202403,33675.632.06$6,884
Jul 202404,41379.932.15$9,473
Jun 202406,46378.082.63$17,023
May 202408,05578.812.20$17,708
Apr 202402,77784.451.66$4,608
Mar 202403,15980.301.55$4,881
Feb 202403,36676.091.78$6,004
Jan 2024078373.023.30$2,582
Dec 202305,45471.262.61$14,239
Nov 202305,34477.892.81$15,004
Oct 202305,35885.443.09$16,542
Sep 202305,58389.042.74$15,270
Aug 202306,30580.522.67$16,853
Jul 202315,41274.852.64$14,372
Jun 202336,56968.962.26$15,043
May 202302,67170.622.23$5,949
Apr 202304,02778.122.24$9,011
Mar 202322,96372.852.39$7,237
Feb 202303,80775.112.47$9,387
Jan 202306,78776.533.39$22,992
Dec 202202,93476.415.73$16,809
Nov 202206,15885.005.65$34,769
Oct 202206,28187.185.86$36,830
Sep 202217,91984.888.16$64,733
Aug 202204,33494.529.13$39,557
Jul 202211,832101.587.54$13,919
Jun 202201,766115.097.98$14,088
May 202204,444109.378.43$37,476
Apr 202206,915104.226.84$47,282
Mar 202201,832108.885.08$9,300
Feb 202213,68291.054.86$17,981
Jan 202202,26581.844.54$10,278
Dec 202105,63071.323.90$21,952
Nov 202117,17577.435.24$37,652
Oct 202114,40479.795.71$25,244
Sep 202102,86069.865.35$15,304
Aug 202105,32966.024.22$22,492
Jul 202104,21070.783.98$16,765
Jun 202105,49669.493.38$18,580
May 202103,61963.483.02$10,921
Apr 202104,34660.362.76$11,988
Mar 202103,94461.302.72$10,716
Feb 202104,04657.805.55$22,447
Jan 202105,22050.412.81$14,670
Dec 202003,76744.642.68$10,078
Nov 202002,98538.772.71$8,079
Oct 202008,32436.972.48$20,630
Sep 2020079137.091.99$1,575
Aug 202001,55539.982.39$3,709
Jul 202002,86138.371.83$5,222
Jun 202003,22534.901.69$5,451
May 202004,38516.921.81$7,958
Apr 202006,16314.751.80$11,120
Mar 202006,46130.341.86$11,993
Feb 202008,42849.881.98$16,693
Jan 202009757.252.09$203
Dec 201906,30759.012.30$14,534
Nov 201906,78455.302.75$18,661
Oct 201907,63753.472.42$18,470
Sep 201903,74855.052.66$9,959
Aug 201904,71753.112.30$10,870
Jul 201903,71856.272.46$9,147
Jun 201904,46452.782.49$11,121
May 201905,66558.482.74$15,524
Apr 201904,04962.632.75$11,138
Mar 201906,68456.803.06$20,467
Feb 201904,95450.852.79$13,833
Jan 201906,25046.033.23$20,176
Dec 201804,61846.594.19$19,328
Nov 201806,95252.934.24$29,457
Oct 201807,11461.443.40$24,174
Sep 201805,40759.543.11$16,805
Aug 201809,61159.403.07$29,473
Jul 201804,64165.142.93$13,607
Jun 201805,20760.183.08$16,022
May 201805,13365.382.90$14,890
Apr 201804,30063.842.90$12,473
Mar 201803,59361.222.79$10,013
Feb 201805,61161.782.77$15,521
Jan 201807,29462.874.01$29,244
Dec 201707,15357.272.92$20,898
Nov 201708,48155.423.12$26,447
Oct 201702,54349.292.98$7,588
Sep 201703,34847.523.09$10,336
Aug 201706,48445.373.00$19,481
Jul 201704,26743.873.09$13,173
Jun 201706,74742.493.09$20,830
May 201705,99545.373.26$19,564
Apr 201705,95147.933.21$19,112
Mar 201706,66346.772.98$19,880
Feb 20170050.452.95$0
Jan 201706,90949.413.42$23,620
Dec 201605,87648.763.72$21,875
Nov 201605,37142.492.64$14,203
Oct 201607,37846.193.09$22,800
Sep 201605,29041.553.10$16,402
Aug 201605,90841.442.92$17,277
Jul 201607,67841.622.92$22,453
Jun 201607,35645.352.69$19,757
May 201606,75242.521.99$13,444
Apr 201606,11036.561.99$12,165
Mar 201608,49933.011.79$15,247
Feb 201606,29526.472.06$12,991
Jan 201607,78427.352.36$18,404
Dec 201507,18332.362.00$14,376
Nov 201507,13038.792.17$15,453
Oct 201507,13343.552.43$17,309
Sep 201507,51642.992.76$20,732
Aug 201509,50440.162.87$27,300
Jul 201504,28148.152.95$12,608
Jun 2015013,65456.152.88$39,363
May 201501,76955.212.96$5,228
Apr 2015034849.822.71$942
Mar 2015036042.892.93$1,057
Feb 201504,22244.662.98$12,565
Jan 201508,13243.433.10$25,214
Dec 201407,46454.693.59$26,806
Nov 201407,34070.464.25$31,209
Oct 201408,74778.303.90$34,122
Sep 201409,90086.164.05$40,050
Aug 201407,05089.394.04$28,448
Jul 201407,95596.564.18$33,249
Jun 201409,25598.164.74$43,840
May 201406,07594.734.73$28,714
Apr 201404,17695.944.81$20,083
Mar 201404,69795.895.06$23,752
Feb 201403,75297.406.19$23,232
Jan 201402,47090.404.86$12,006
Dec 201308,14891.824.35$35,480
Nov 201307,89888.853.74$29,525
Oct 201308,24397.423.78$31,153
Sep 201308,269104.113.72$30,742
Aug 201308,486104.253.52$29,893
Jul 201308,385102.523.72$31,173
Jun 201308,14894.403.93$32,049
May 201308,43694.834.15$35,002
Apr 201308,24593.964.28$35,310
Mar 201308,71493.623.91$34,097
Feb 201308,25791.233.42$28,238
Jan 201308,07291.603.42$27,606
Dec 201208,19086.773.42$28,011
Nov 201207,21986.953.62$26,169
Oct 201207,69789.383.40$26,167
Sep 201208,69094.672.92$25,361
Aug 201209,04692.662.91$26,307
Jul 201209,16585.133.02$27,686
Jun 201208,85279.822.52$22,299
May 201209,16091.612.49$22,793
Apr 201208,960101.652.00$17,891
Mar 201209,323105.052.22$20,716
Feb 201208,762101.102.57$22,520
Jan 201209,43998.092.73$25,807
Dec 201109,56196.873.24$30,975
Nov 201109,33795.723.31$30,917
Oct 201109,94584.983.65$36,285
Sep 201108,92483.623.99$35,569
Aug 201109,50783.404.15$39,448
Jul 201109,73994.144.52$43,993
Jun 201109,69492.904.64$44,979
May 2011010,06198.134.40$44,317
Apr 2011010,075105.964.33$43,658
Mar 2011011,17396.364.06$45,333
Feb 2011010,33585.644.18$43,200
Jan 201109,39986.504.59$43,130
Dec 201009,40285.734.35$40,878
Nov 201009,95980.843.80$37,798
Oct 201009,29278.103.51$32,605
Sep 2010011,60572.633.98$46,182
Aug 201009,83173.684.42$43,447
Jul 2010011,57772.554.74$54,834
Jun 2010010,72070.364.91$52,639
May 2010012,44071.124.24$52,686
Apr 2010010,55781.694.12$43,523
Mar 2010010,79378.394.39$47,367
Feb 2010013,07973.585.44$71,181
Jan 2010012,34374.365.96$73,615
Dec 2009012,15371.445.48$66,644
Nov 2009013,17374.593.75$49,419
Oct 2009013,03172.544.11$53,561
Sep 2009013,24665.543.06$40,596
Aug 2009012,73867.423.22$40,997
Jul 2009012,69361.133.46$43,975
Jun 2009012,04466.163.90$46,911
May 2009013,56254.743.93$53,241
Apr 2009012,46446.773.59$44,715
Mar 2009013,34642.144.06$54,171
Feb 2009012,72732.814.63$58,964
Jan 2009014,25635.865.37$76,569
Dec 2008015,36137.105.98$91,815
Nov 2008015,07555.496.86$103,420
Oct 2008017,19775.246.92$119,037
Sep 2008013,022101.767.88$102,575
Aug 2008014,589114.228.48$123,759
Jul 2008015,936131.0811.39$181,502
Jun 2008016,193131.3313.03$211,037
May 2008016,434123.1711.57$190,212
Apr 2008017,992110.3110.45$188,104
Mar 2008013,173101.909.66$127,305
Feb 200805,53492.538.77$48,536
Jan 200809,18690.388.21$75,378
Dec 2007011,87688.337.30$86,718
Nov 200708,98391.677.29$65,501
Oct 200705,99082.856.92$41,463
Sep 200705,75975.846.24$35,960
Aug 200708,98269.066.39$57,376
Jul 2007010,48370.906.39$66,965
Jun 2007011,84762.007.55$89,426
May 2007013,71258.747.85$107,588
Apr 2007011,77159.617.81$91,875
Mar 2007015,07856.927.30$110,099
Feb 2007013,92455.108.22$114,400
Jan 200708,06950.306.73$54,279
Dec 2006013,70556.656.92$94,817
Nov 2006013,69354.207.62$104,306
Oct 2006015,02654.906.01$90,363
Sep 2006012,85360.085.04$64,743
Aug 2006012,84468.717.34$94,274
Jul 2006013,56069.376.34$86,008
Jun 2006014,80066.286.38$94,481
May 2006012,83466.016.42$82,458
Apr 2006014,64364.397.36$107,780
Mar 2006014,48956.707.08$102,624
Feb 2006014,37457.597.75$111,415
Jan 2006016,34860.598.93$146,042
Dec 2005019,89754.9413.42$266,926
Nov 2005018,51054.6910.59$195,991
Oct 2005017,89258.3413.80$246,834
Sep 2005019,05161.4512.08$230,117
Aug 2005018,94761.519.80$185,621
Jul 2005018,69055.697.84$146,598
Jun 2005017,70852.337.38$130,703
May 2005019,95145.226.65$132,697
Apr 2005018,81949.207.36$138,517
Mar 2005021,60850.377.15$154,603
Feb 2005022,50545.226.31$142,050
Jan 2005023,18543.166.32$146,580
Dec 2004024,57939.866.75$165,935
Nov 2004024,10245.286.33$152,576
Oct 2004027,83849.706.52$181,367
Sep 2004022,98243.245.28$121,435
Aug 2004029,88742.375.55$165,893
Jul 2004028,70038.286.08$174,616
Jun 2004044,89436.106.43$288,804
May 2004062,18337.486.49$403,852
Apr 2004033,92334.475.86$198,737
Mar 2004042,96834.365.53$237,619
Feb 2004061,00932.455.51$336,136
Jan 200407,77032.036.30$48,948

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                2,662 Mcf  × $  3.05 =     $8,108

────────────────────────────────────────────────────
Month total                                   $8,108

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/201524 is the state's own key, not one this site invented.