HURST 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 207931District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.3 M
Dec 2004 – May 2026
Value, last 12 filed months
$75 k
at the published price for each month
Months reported
258
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 Gas112005-05-18160544
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
CondensateDisposition21 bbl$1,874
GasProduction1,339,720 Mcf$8,298,816
Total$8,300,690

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 30.5130, -95.8929. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.51305, -95.89292 · 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
14,128 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 14,128 ft.

Completions filed
Dec 2004
1 of 1 wells

1 well

42-185306841H14,128 ftDec 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 (258)

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

258 months

May 202601,864106.413.05$5,677
Apr 202601,86398.932.87$5,346
Mar 202612,06289.753.15$6,584
Feb 202601,51163.503.75$5,667
Jan 202601,62559.138.00$12,997
Dec 202501,82456.664.41$8,050
Nov 202501,38158.593.93$5,422
Oct 202501,24259.383.30$4,105
Sep 202501,34162.743.08$4,126
Aug 202501,63363.933.01$4,923
Jul 202502,18066.743.32$7,227
Jun 202501,41966.483.13$4,440
May 202501,94460.553.23$6,284
Apr 202502,29062.363.54$8,114
Mar 202502,15867.704.27$9,211
Feb 202501,90670.884.34$8,274
Jan 202512,12774.324.28$9,175
Dec 202402,17568.993.12$6,789
Nov 202402,04069.052.20$4,485
Oct 202401,92971.372.28$4,401
Sep 202402,16569.612.36$5,119
Aug 202432,30475.632.06$4,981
Jul 202402,66679.932.15$5,723
Jun 202401,15478.082.63$3,040
May 202401,78878.812.20$3,931
Apr 202402,01284.451.66$3,338
Mar 202402,14580.301.55$3,314
Feb 202401,78276.091.78$3,178
Jan 202402,07673.023.30$6,846
Dec 202302,15071.262.61$5,613
Nov 202302,04777.892.81$5,747
Oct 202302,07585.443.09$6,406
Sep 202302,04689.042.74$5,596
Aug 202302,09980.522.67$5,610
Jul 202302,16674.852.64$5,722
Jun 202312,11268.962.26$4,839
May 202302,22570.622.23$4,956
Apr 202302,05078.122.24$4,587
Mar 202302,17672.852.39$5,208
Feb 202302,04575.112.47$5,042
Jan 202302,21076.533.39$7,487
Dec 202202,29176.415.73$13,125
Nov 202202,30585.005.65$13,014
Oct 202202,41987.185.86$14,184
Sep 202202,42684.888.16$19,805
Aug 202202,51394.529.13$22,937
Jul 202212,583101.587.54$19,583
Jun 202202,618115.097.98$20,884
May 202202,867109.378.43$24,178
Apr 202201,992104.226.84$13,621
Mar 202201,814108.885.08$9,209
Feb 202201,06191.054.86$5,155
Jan 2022075981.844.54$3,444
Dec 202101,17471.323.90$4,578
Nov 202101,20077.435.24$6,284
Oct 202101,09779.795.71$6,268
Sep 2021095169.865.35$5,089
Aug 202101,73166.024.22$7,306
Jul 202101,95270.783.98$7,773
Jun 202101,92569.493.38$6,508
May 202102,04363.483.02$6,165
Apr 202101,93560.362.76$5,338
Mar 202101,89661.302.72$5,151
Feb 202101,66057.805.55$9,210
Jan 202101,84250.412.81$5,177
Dec 202001,88744.642.68$5,049
Nov 202001,93238.772.71$5,229
Oct 202001,55536.972.48$3,854
Sep 202002,03237.091.99$4,046
Aug 202001,99639.982.39$4,761
Jul 202002,04138.371.83$3,725
Jun 202001,98134.901.69$3,349
May 202001,95216.921.81$3,542
Apr 202001,83814.751.80$3,316
Mar 202002,08730.341.86$3,874
Feb 202002,07549.881.98$4,110
Jan 202001,73157.252.09$3,626
Dec 201901,90459.012.30$4,388
Nov 201901,47255.302.75$4,049
Oct 201901,52153.472.42$3,679
Sep 201901,90755.052.66$5,067
Aug 201901,81153.112.30$4,173
Jul 201901,75456.272.46$4,315
Jun 201901,58352.782.49$3,944
May 201901,90358.482.74$5,215
Apr 201901,94662.632.75$5,353
Mar 201902,12156.803.06$6,495
Feb 201902,16350.852.79$6,040
Jan 201901,64146.033.23$5,297
Dec 201801,35546.594.19$5,671
Nov 201801,91952.934.24$8,131
Oct 201801,82661.443.40$6,205
Sep 201801,97859.543.11$6,148
Aug 201801,96259.403.07$6,017
Jul 201802,28865.142.93$6,708
Jun 201802,13060.183.08$6,554
May 201801,98365.382.90$5,752
Apr 201801,85363.842.90$5,375
Mar 201802,54361.222.79$7,087
Feb 201802,52361.782.77$6,979
Jan 201802,20362.874.01$8,833
Dec 201702,46557.272.92$7,202
Nov 201702,06155.423.12$6,427
Oct 201702,17649.292.98$6,492
Sep 201702,03047.523.09$6,267
Aug 201701,45945.373.00$4,383
Jul 201701,67043.873.09$5,156
Jun 201701,60242.493.09$4,946
May 201701,34545.373.26$4,389
Apr 201702,36447.933.21$7,592
Mar 201702,63946.772.98$7,874
Feb 201702,46250.452.95$7,269
Jan 201701,75049.413.42$5,983
Dec 2016044848.763.72$1,668
Nov 201602,21242.492.64$5,849
Oct 201602,18646.193.09$6,755
Sep 201602,22541.553.10$6,899
Aug 201602,30941.442.92$6,752
Jul 201602,36241.622.92$6,907
Jun 201602,20045.352.69$5,909
May 201602,49242.521.99$4,962
Apr 201602,37436.561.99$4,727
Mar 201602,42033.011.79$4,342
Feb 201602,45326.472.06$5,062
Jan 201602,15227.352.36$5,088
Dec 201501,88332.362.00$3,769
Nov 201501,60038.792.17$3,468
Oct 201502,57143.552.43$6,239
Sep 201502,26942.992.76$6,259
Aug 201502,50440.162.87$7,193
Jul 201502,79548.152.95$8,232
Jun 201502,54956.152.88$7,348
May 201502,27155.212.96$6,712
Apr 201502,61049.822.71$7,064
Mar 201502,43242.892.93$7,137
Feb 201501,83644.662.98$5,464
Jan 201501,81443.433.10$5,625
Dec 201402,06054.693.59$7,398
Nov 201401,87270.464.25$7,959
Oct 201402,04978.303.90$7,993
Sep 201401,21986.164.05$4,931
Aug 201401,55489.394.04$6,271
Jul 201402,91096.564.18$12,163
Jun 201402,23098.164.74$10,563
May 201402,41594.734.73$11,415
Apr 201401,75995.944.81$8,459
Mar 201401,99095.895.06$10,063
Feb 201401,38897.406.19$8,595
Jan 201401,84490.404.86$8,963
Dec 201301,84291.824.35$8,021
Nov 201302,43488.853.74$9,099
Oct 201302,43797.423.78$9,210
Sep 201302,395104.113.72$8,904
Aug 201302,407104.253.52$8,479
Jul 201312,027102.523.72$7,638
Jun 201302,65094.403.93$10,424
May 201302,72094.834.15$11,286
Apr 201302,85593.964.28$12,227
Mar 201302,67593.623.91$10,467
Feb 201302,43591.233.42$8,327
Jan 201302,74191.603.42$9,374
Dec 201203,20986.773.42$10,975
Nov 201202,55686.953.62$9,265
Oct 201202,54989.383.40$8,666
Sep 201202,68594.672.92$7,836
Aug 201202,65092.662.91$7,707
Jul 201212,90685.133.02$8,864
Jun 201201,99179.822.52$5,015
May 201209891.612.49$244
Apr 201200101.652.00$0
Mar 201203,161105.052.22$7,024
Feb 201202,881101.102.57$7,405
Jan 201203,31698.092.73$9,066
Dec 201102,90096.873.24$9,395
Nov 201102,75395.723.31$9,116
Oct 201103,31784.983.65$12,102
Sep 201102,98183.623.99$11,882
Aug 201103,07483.404.15$12,755
Jul 201103,56894.144.52$16,118
Jun 201103,26392.904.64$15,140
May 201103,63998.134.40$16,029
Apr 201103,783105.964.33$16,393
Mar 201103,83696.364.06$15,564
Feb 201103,01485.644.18$12,598
Jan 201103,91786.504.59$17,974
Dec 201004,13885.734.35$17,991
Nov 201004,06280.843.80$15,417
Oct 201003,98978.103.51$13,997
Sep 201003,56372.633.98$14,179
Aug 201003,41473.684.42$15,088
Jul 201003,13172.554.74$14,830
Jun 201003,37370.364.91$16,563
May 201003,93271.124.24$16,653
Apr 201002,60981.694.12$10,756
Mar 201004,51778.394.39$19,824
Feb 201003,06573.585.44$16,681
Jan 201005,44674.365.96$32,480
Dec 200905,86171.445.48$32,140
Nov 200903,85874.593.75$14,473
Oct 200903,46372.544.11$14,234
Sep 200903,16165.543.06$9,688
Aug 200903,21167.423.22$10,335
Jul 200904,04461.133.46$14,010
Jun 200903,98766.163.90$15,529
May 200904,67454.743.93$18,349
Apr 200901,49446.773.59$5,360
Mar 200904,14442.144.06$16,821
Feb 200903,37732.814.63$15,646
Jan 200904,20535.865.37$22,585
Dec 200804,77837.105.98$28,559
Nov 200804,23855.496.86$29,074
Oct 200815,58575.246.92$38,735
Sep 200805,675101.767.88$44,702
Aug 200816,115114.228.48$51,988
Jul 200816,759131.0811.39$77,112
Jun 200815,927131.3313.03$77,376
May 200817,660123.1711.57$88,782
Apr 200806,247110.3110.45$65,312
Mar 200818,009101.909.66$77,501
Feb 200815,10292.538.77$44,840
Jan 200815,63890.388.21$46,354
Dec 200707,17988.337.30$52,421
Nov 200706,20991.677.29$45,274
Oct 200706,51082.856.92$45,062
Sep 200716,22875.846.24$38,964
Aug 200707,18269.066.39$45,878
Jul 200718,90370.906.39$56,943
Jun 200707,71062.007.55$58,199
May 200718,82958.747.85$69,334
Apr 2007111,24159.617.81$87,798
Mar 200708,38656.927.30$61,234
Feb 2007010,39855.108.22$85,430
Jan 200707,36350.306.73$49,530
Dec 200609,84556.656.92$68,112
Nov 2006010,44654.207.62$79,572
Oct 2006011,50154.906.01$69,165
Sep 2006012,19560.085.04$61,429
Aug 2006012,69168.717.34$93,151
Jul 2006015,31969.376.34$97,165
Jun 2006014,26766.286.38$91,079
May 2006012,70266.016.42$81,610
Apr 2006015,90264.397.36$117,046
Mar 2006019,79056.707.08$140,171
Feb 2006015,80357.597.75$122,491
Jan 2006012,75560.598.93$113,945
Dec 2005018,60754.9413.42$249,620
Nov 2005014,28954.6910.59$151,298
Oct 2005016,57158.3413.80$228,610
Sep 2005020,16161.4512.08$243,525
Aug 2005023,00261.519.80$225,347
Jul 2005025,25555.697.84$198,091
Jun 2005028,82952.337.38$212,788
May 2005030,35445.226.65$201,889
Apr 2005035,31649.207.36$259,943
Mar 2005045,41750.377.15$324,953
Feb 2005049,24845.226.31$310,849
Jan 2005075,41443.166.32$476,782
Dec 20040143,05039.866.75$965,742

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                1,864 Mcf  × $  3.05 =     $5,677

────────────────────────────────────────────────────
Month total                                   $5,677

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/207931 is the state's own key, not one this site invented.