EDGE, GORDON

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 201623District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.4 M
Apr 2004 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
266
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 Gas112004-09-23157580
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
CondensateDisposition1,393 bbl$70,520
GasProduction1,490,910 Mcf$9,319,894
Total$9,390,414

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 30.4955, -95.9687. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.49549, -95.96871 · 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
13,609 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 13,609 ft.

Completions filed
Apr 2004
1 of 1 wells

1 well

42-185306782H13,609 ftApr 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 (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

May 20260868106.413.05$2,644
Apr 2026086998.932.87$2,494
Mar 2026096589.753.15$3,039
Feb 2026075663.503.75$2,835
Jan 2026089759.138.00$7,174
Dec 2025093756.664.41$4,135
Nov 202511,24158.593.93$4,931
Oct 202501,04059.383.30$3,437
Sep 2025060062.743.08$1,846
Aug 2025075463.933.01$2,273
Jul 2025084166.743.32$2,788
Jun 202501,06466.483.13$3,329
May 2025097060.553.23$3,135
Apr 2025066662.363.54$2,360
Mar 2025066067.704.27$2,817
Feb 2025052370.884.34$2,270
Jan 2025038174.324.28$1,630
Dec 2024040368.993.12$1,258
Nov 2024035869.052.20$787
Oct 2024039471.372.28$899
Sep 2024062869.612.36$1,485
Aug 2024085075.632.06$1,754
Jul 202401,13379.932.15$2,432
Jun 2024080178.082.63$2,110
May 2024063978.812.20$1,405
Apr 2024078184.451.66$1,296
Mar 2024088680.301.55$1,369
Feb 2024083076.091.78$1,480
Jan 2024087373.023.30$2,879
Dec 2023087671.262.61$2,287
Nov 2023091277.892.81$2,560
Oct 2023093485.443.09$2,884
Sep 2023088689.042.74$2,423
Aug 2023098680.522.67$2,635
Jul 202301,09974.852.64$2,903
Jun 202301,01968.962.26$2,301
May 202301,11570.622.23$2,484
Apr 2023086678.122.24$1,938
Mar 2023099672.852.39$2,384
Feb 2023033675.112.47$828
Jan 2023067476.533.39$2,283
Dec 2022071876.415.73$4,113
Nov 2022081485.005.65$4,596
Oct 202201,14987.185.86$6,737
Sep 202201,02784.888.16$8,384
Aug 202201,10494.529.13$10,076
Jul 202201,187101.587.54$8,952
Jun 202201,141115.097.98$9,102
May 202201,123109.378.43$9,470
Apr 202201,110104.226.84$7,590
Mar 202201,153108.885.08$5,853
Feb 2022094191.054.86$4,572
Jan 2022085581.844.54$3,880
Dec 202101,30571.323.90$5,088
Nov 202101,02477.435.24$5,363
Oct 202101,17579.795.71$6,714
Sep 202101,50869.865.35$8,069
Aug 2021074566.024.22$3,144
Jul 2021094970.783.98$3,779
Jun 2021093269.493.38$3,151
May 202101,27063.483.02$3,832
Apr 202101,23460.362.76$3,404
Mar 202101,31561.302.72$3,573
Feb 202101,13157.805.55$6,275
Jan 202101,33550.412.81$3,752
Dec 202001,30444.642.68$3,489
Nov 202001,31438.772.71$3,556
Oct 202001,34636.972.48$3,336
Sep 202001,40637.091.99$2,799
Aug 202001,38439.982.39$3,301
Jul 202001,44138.371.83$2,630
Jun 202001,48134.901.69$2,503
May 202001,37716.921.81$2,499
Apr 2020093214.751.80$1,682
Mar 202001,19430.341.86$2,216
Feb 202001,09249.881.98$2,163
Jan 202001,67057.252.09$3,498
Dec 201902,65959.012.30$6,127
Nov 201902,25355.302.75$6,197
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201901,32252.782.49$3,293
May 2019011158.482.74$304
Apr 2019011462.632.75$314
Mar 2019021956.803.06$671
Feb 201901,37550.852.79$3,839
Jan 201901,40746.033.23$4,542
Dec 201801,47446.594.19$6,169
Nov 201801,21952.934.24$5,165
Oct 201801,58061.443.40$5,369
Sep 201801,35659.543.11$4,214
Aug 201801,38859.403.07$4,256
Jul 201803,05565.142.93$8,957
Jun 20180060.183.08$0
May 201801,20365.382.90$3,490
Apr 201801,24863.842.90$3,620
Mar 2018054961.222.79$1,530
Feb 2018051561.782.77$1,425
Jan 2018071462.874.01$2,863
Dec 201701,60357.272.92$4,683
Nov 2017055355.423.12$1,724
Oct 201701,69249.292.98$5,048
Sep 2017093147.523.09$2,874
Aug 201701,54645.373.00$4,645
Jul 201701,04143.873.09$3,214
Jun 201701,46142.493.09$4,511
May 201701,99845.373.26$6,520
Apr 201701,98647.933.21$6,378
Mar 201702,43246.772.98$7,256
Feb 201702,45850.452.95$7,257
Jan 201701,51949.413.42$5,193
Dec 201601,50348.763.72$5,595
Nov 201601,52642.492.64$4,035
Oct 201601,79746.193.09$5,553
Sep 201601,39541.553.10$4,325
Aug 201601,71741.442.92$5,021
Jul 201602,17641.622.92$6,363
Jun 201601,40345.352.69$3,768
May 2016070242.521.99$1,398
Apr 2016073736.561.99$1,467
Mar 2016086333.011.79$1,548
Feb 201601,16526.472.06$2,404
Jan 2016581,53727.352.36$5,220
Dec 201501,41432.362.00$2,830
Nov 201501,29138.792.17$2,798
Oct 201501,11143.552.43$2,696
Sep 201501,52242.992.76$4,198
Aug 201501,76540.162.87$5,070
Jul 2015087548.152.95$2,577
Jun 2015065956.152.88$1,900
May 2015068155.212.96$2,013
Apr 2015066349.822.71$1,794
Mar 201501,61742.892.93$4,745
Feb 201501,76844.662.98$5,262
Jan 201502,34843.433.10$7,280
Dec 201402,71754.693.59$9,758
Nov 201401,86470.464.25$7,925
Oct 201401,68178.303.90$6,558
Sep 201401,51786.164.05$6,137
Aug 201401,01289.394.04$4,084
Jul 2014092396.564.18$3,858
Jun 201401,08198.164.74$5,121
May 201401,44494.734.73$6,825
Apr 201401,78295.944.81$8,570
Mar 201401,89795.895.06$9,593
Feb 201402,00397.406.19$12,403
Jan 201402,12290.404.86$10,314
Dec 201301,80091.824.35$7,838
Nov 201301,95388.853.74$7,301
Oct 201302,12697.423.78$8,035
Sep 201302,188104.113.72$8,134
Aug 201302,332104.253.52$8,215
Jul 201302,480102.523.72$9,220
Jun 201302,27094.403.93$8,929
May 201302,40794.834.15$9,987
Apr 201312,72593.964.28$11,764
Mar 201302,97293.623.91$11,629
Feb 201301,71891.233.42$5,875
Jan 201302,42891.603.42$8,304
Dec 201212,20686.773.42$7,632
Nov 201212,08086.953.62$7,627
Oct 201201,43689.383.40$4,882
Sep 2012084394.672.92$2,460
Aug 201201,19692.662.91$3,478
Jul 201203,06585.133.02$9,259
Jun 201203,33479.822.52$8,398
May 201203,51691.612.49$8,749
Apr 201202,993101.652.00$5,976
Mar 201202,090105.052.22$4,644
Feb 201201,794101.102.57$4,611
Jan 201201,42398.092.73$3,891
Dec 2011961,24596.873.24$13,333
Nov 201101,01895.723.31$3,371
Oct 201101,68684.983.65$6,151
Sep 201113,03983.623.99$12,196
Aug 201102,99783.404.15$12,436
Jul 201104,13494.144.52$18,674
Jun 201102,95492.904.64$13,706
May 201102,60398.134.40$11,466
Apr 201121,950105.964.33$8,662
Mar 201101,42196.364.06$5,765
Feb 201102,73085.644.18$11,411
Jan 201104,77286.504.59$21,898
Dec 201002,79485.734.35$12,148
Nov 201002,50880.843.80$9,519
Oct 201002,98778.103.51$10,481
Sep 201002,26172.633.98$8,998
Aug 201002,10273.684.42$9,289
Jul 201001,34472.554.74$6,366
Jun 201012,20770.364.91$10,908
May 201002,94071.124.24$12,452
Apr 201004,21281.694.12$17,365
Mar 201023,06278.394.39$13,595
Feb 201002,10573.585.44$11,456
Jan 201002,52274.365.96$15,041
Dec 200903,39571.445.48$18,617
Nov 200903,31874.593.75$12,447
Oct 200903,66872.544.11$15,076
Sep 200903,80265.543.06$11,652
Aug 200903,20567.423.22$10,315
Jul 200903,96361.133.46$13,730
Jun 200903,72166.163.90$14,493
May 200904,05054.743.93$15,899
Apr 200904,07646.773.59$14,623
Mar 200904,58042.144.06$18,590
Feb 200924,19832.814.63$19,515
Jan 200983,42835.865.37$18,699
Dec 200804,28837.105.98$25,630
Nov 200804,16055.496.86$28,539
Oct 200804,87575.246.92$33,745
Sep 200804,456101.767.88$35,100
Aug 200804,396114.228.48$37,291
Jul 200805,228131.0811.39$59,544
Jun 200804,905131.3313.03$63,925
May 200805,649123.1711.57$65,383
Apr 200806,331110.3110.45$66,190
Mar 200807,515101.909.66$72,625
Feb 200807,47592.538.77$65,560
Jan 200802,03590.388.21$16,699
Dec 200702,78588.337.30$20,336
Nov 200703,40591.677.29$24,828
Oct 200714,57282.856.92$31,730
Sep 200704,98975.846.24$31,152
Aug 200705,14869.066.39$32,885
Jul 200704,19470.906.39$26,791
Jun 200705,34262.007.55$40,324
May 2007852,27758.747.85$22,859
Apr 200706,06059.617.81$47,300
Mar 200725,01556.927.30$36,733
Feb 200715,74455.108.22$47,248
Jan 200704,90650.306.73$33,002
Dec 200606,39656.656.92$44,250
Nov 200606,19354.207.62$47,175
Oct 2006011,13854.906.01$66,982
Sep 200608,15760.085.04$41,088
Aug 200606,74668.717.34$49,515
Jul 20061611,33869.376.34$19,655
Jun 200605,29166.286.38$33,777
May 2006011,44366.016.42$73,521
Apr 2006012,97764.397.36$95,517
Mar 2006014,51756.707.08$102,823
Feb 200618013,89057.597.75$118,029
Jan 2006014,93860.598.93$133,446
Dec 2005012,92854.9413.42$173,434
Nov 2005017,24154.6910.59$182,555
Oct 2005017,96558.3413.80$247,841
Sep 2005015,46361.4512.08$186,778
Aug 2005016,99461.519.80$166,488
Jul 2005018,78055.697.84$147,304
Jun 2005019,36652.337.38$142,941
May 2005022,33145.226.65$148,527
Apr 2005022,31949.207.36$164,279
Mar 2005022,79450.377.15$163,088
Feb 200518321,87945.226.31$146,374
Jan 2005027,37943.166.32$173,096
Dec 2004032,98739.866.75$222,698
Nov 2004033,80645.286.33$214,006
Oct 2004041,93449.706.52$273,204
Sep 200417446,63143.245.28$253,917
Aug 2004054,88342.375.55$304,637
Jul 2004073,47438.286.08$447,029
Jun 2004244108,36536.106.43$705,923
May 2004188199,43437.486.49$1,302,286
Apr 20040104,05934.475.86$609,625

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                  868 Mcf  × $  3.05 =     $2,644

────────────────────────────────────────────────────
Month total                                   $2,644

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/201623 is the state's own key, not one this site invented.