JET

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 213308District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
May 2005 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
253
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 Gas112006-01-23166220
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
CondensateDisposition16 bbl$1,285
GasProduction527,700 Mcf$3,381,542
Total$3,382,827

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 30.4564, -95.9107. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.45636, -95.91072 · 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
14,832 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 14,832 ft.

Completions filed
May 2005
1 of 1 wells

1 well

42-18530691214,832 ftMay 2005

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 (253)

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

253 months

May 20260733106.413.05$2,233
Apr 2026060398.932.87$1,730
Mar 2026024689.753.15$775
Feb 2026068063.503.75$2,550
Jan 2026033159.138.00$2,647
Dec 2025058856.664.41$2,595
Nov 2025027758.593.93$1,088
Oct 2025043359.383.30$1,431
Sep 2025060862.743.08$1,871
Aug 2025043463.933.01$1,308
Jul 2025034266.743.32$1,134
Jun 2025033366.483.13$1,042
May 2025046760.553.23$1,509
Apr 2025043162.363.54$1,527
Mar 2025069567.704.27$2,966
Feb 2025064770.884.34$2,809
Jan 2025085674.324.28$3,663
Dec 2024031468.993.12$980
Nov 2024041369.052.20$908
Oct 202401,14771.372.28$2,617
Sep 2024069969.612.36$1,653
Aug 2024082575.632.06$1,702
Jul 2024087279.932.15$1,872
Jun 202401,15478.082.63$3,040
May 202402,02278.812.20$4,445
Apr 2024029784.451.66$493
Mar 2024358180.301.55$1,139
Feb 2024063576.091.78$1,133
Jan 2024063373.023.30$2,087
Dec 2023552971.262.61$1,737
Nov 2023243977.892.81$1,388
Oct 2023343585.443.09$1,599
Sep 2023065689.042.74$1,794
Aug 2023036180.522.67$965
Jul 2023043574.852.64$1,149
Jun 2023040868.962.26$921
May 2023048870.622.23$1,087
Apr 2023054178.122.24$1,211
Mar 2023053172.852.39$1,271
Feb 2023051775.112.47$1,275
Jan 2023050476.533.39$1,707
Dec 2022052676.415.73$3,014
Nov 2022049785.005.65$2,806
Oct 2022052087.185.86$3,049
Sep 2022150684.888.16$4,216
Aug 2022052494.529.13$4,783
Jul 20220534101.587.54$4,027
Jun 20220509115.097.98$4,060
May 20221532109.378.43$4,596
Apr 20220522104.226.84$3,569
Mar 20220562108.885.08$2,853
Feb 2022049491.054.86$2,400
Jan 2022154481.844.54$2,550
Dec 2021053471.323.90$2,082
Nov 2021051677.435.24$2,702
Oct 2021054579.795.71$3,114
Sep 2021050469.865.35$2,697
Aug 2021051966.024.22$2,190
Jul 2021052470.783.98$2,087
Jun 2021053869.493.38$1,819
May 2021056263.483.02$1,696
Apr 2021056860.362.76$1,567
Mar 2021064161.302.72$1,742
Feb 2021056157.805.55$3,112
Jan 2021055750.412.81$1,565
Dec 2020057144.642.68$1,528
Nov 2020055638.772.71$1,505
Oct 2020065436.972.48$1,621
Sep 2020058237.091.99$1,159
Aug 2020058739.982.39$1,400
Jul 2020075838.371.83$1,383
Jun 202001,11034.901.69$1,876
May 202001,42116.921.81$2,579
Apr 2020074314.751.80$1,341
Mar 2020063230.341.86$1,173
Feb 2020045749.881.98$905
Jan 2020052457.252.09$1,098
Dec 2019048259.012.30$1,111
Nov 2019050955.302.75$1,400
Oct 2019059353.472.42$1,434
Sep 2019058155.052.66$1,544
Aug 2019054253.112.30$1,249
Jul 2019048456.272.46$1,191
Jun 2019053252.782.49$1,325
May 2019056658.482.74$1,551
Apr 2019059762.632.75$1,642
Mar 2019062156.803.06$1,902
Feb 2019068550.852.79$1,913
Jan 2019053046.033.23$1,711
Dec 2018059546.594.19$2,490
Nov 2018073352.934.24$3,106
Oct 2018055561.443.40$1,886
Sep 2018050359.543.11$1,563
Aug 2018052859.403.07$1,619
Jul 2018064365.142.93$1,885
Jun 2018085260.183.08$2,622
May 2018074265.382.90$2,152
Apr 2018069763.842.90$2,022
Mar 2018077061.222.79$2,146
Feb 2018049561.782.77$1,369
Jan 2018078662.874.01$3,151
Dec 2017069557.272.92$2,030
Nov 2017072255.423.12$2,251
Oct 2017071649.292.98$2,136
Sep 2017078347.523.09$2,417
Aug 2017075645.373.00$2,271
Jul 2017069043.873.09$2,130
Jun 2017068942.493.09$2,127
May 2017088045.373.26$2,872
Apr 2017070947.933.21$2,277
Mar 2017072846.772.98$2,172
Feb 201704,64550.452.95$13,715
Jan 2017088349.413.42$3,019
Dec 2016083448.763.72$3,105
Nov 201601,17442.492.64$3,104
Oct 201601,08146.193.09$3,341
Sep 2016097941.553.10$3,036
Aug 201601,52341.442.92$4,454
Jul 2016072741.622.92$2,126
Jun 2016091945.352.69$2,468
May 201601,15342.521.99$2,296
Apr 201601,42536.561.99$2,837
Mar 201601,33333.011.79$2,391
Feb 201601,20326.472.06$2,483
Jan 201601,84727.352.36$4,367
Dec 2015081932.362.00$1,639
Nov 2015081138.792.17$1,758
Oct 2015089143.552.43$2,162
Sep 2015078442.992.76$2,163
Aug 201501,06040.162.87$3,045
Jul 201501,21448.152.95$3,575
Jun 2015094656.152.88$2,727
May 201501,40555.212.96$4,152
Apr 201501,63049.822.71$4,412
Mar 201501,01242.892.93$2,970
Feb 2015092344.662.98$2,747
Jan 201501,02643.433.10$3,181
Dec 201401,01754.693.59$3,652
Nov 201401,22470.464.25$5,204
Oct 201401,52878.303.90$5,961
Sep 201402,27086.164.05$9,183
Aug 201401,26589.394.04$5,104
Jul 201401,03696.564.18$4,330
Jun 201401,12598.164.74$5,329
May 201401,77994.734.73$8,409
Apr 2014083695.944.81$4,020
Mar 201401,21095.895.06$6,119
Feb 2014093097.406.19$5,759
Jan 201401,01690.404.86$4,938
Dec 201301,18491.824.35$5,156
Nov 201301,30988.853.74$4,893
Oct 201301,43797.423.78$5,431
Sep 201301,328104.113.72$4,937
Aug 201301,350104.253.52$4,756
Jul 201301,489102.523.72$5,536
Jun 2013099494.403.93$3,910
May 201301,33194.834.15$5,522
Apr 201301,23393.964.28$5,280
Mar 201301,70793.623.91$6,679
Feb 201301,23791.233.42$4,230
Jan 201301,22291.603.42$4,179
Dec 201202,52186.773.42$8,622
Nov 201201,19786.953.62$4,339
Oct 201201,16089.383.40$3,944
Sep 201201,35094.672.92$3,940
Aug 201201,60392.662.91$4,662
Jul 201201,14185.133.02$3,447
Jun 201201,76979.822.52$4,456
May 201201,08891.612.49$2,707
Apr 201201,351101.652.00$2,698
Mar 201201,947105.052.22$4,326
Feb 201201,333101.102.57$3,426
Jan 201201,33998.092.73$3,661
Dec 201101,45896.873.24$4,724
Nov 201102,40495.723.31$7,960
Oct 201102,25384.983.65$8,220
Sep 201101,50383.623.99$5,991
Aug 201101,89483.404.15$7,859
Jul 201101,33494.144.52$6,026
Jun 201101,41992.904.64$6,584
May 201101,97598.134.40$8,700
Apr 201101,407105.964.33$6,097
Mar 201102,13196.364.06$8,646
Feb 201102,48085.644.18$10,366
Jan 201102,88386.504.59$13,229
Dec 201001,95485.734.35$8,496
Nov 201001,77680.843.80$6,741
Oct 201001,48678.103.51$5,214
Sep 201001,57472.633.98$6,264
Aug 201001,81173.684.42$8,003
Jul 201001,86872.554.74$8,848
Jun 201001,96670.364.91$9,654
May 201001,92071.124.24$8,132
Apr 201001,91881.694.12$7,907
Mar 201002,17278.394.39$9,532
Feb 201002,21473.585.44$12,049
Jan 201002,29074.365.96$13,658
Dec 200902,23271.445.48$12,240
Nov 200902,34574.593.75$8,797
Oct 200901,86772.544.11$7,674
Sep 200901,15365.543.06$3,534
Aug 200901,39167.423.22$4,477
Jul 200901,41561.133.46$4,902
Jun 200901,47466.163.90$5,741
May 200902,65254.743.93$10,411
Apr 200901,20446.773.59$4,319
Mar 200901,35742.144.06$5,508
Feb 200901,24432.814.63$5,763
Jan 200901,52235.865.37$8,175
Dec 200801,73737.105.98$10,382
Nov 200802,25155.496.86$15,443
Oct 200801,92575.246.92$13,325
Sep 200802,031101.767.88$15,998
Aug 200802,421114.228.48$20,537
Jul 200802,530131.0811.39$28,815
Jun 200802,968131.3313.03$38,681
May 200801,619123.1711.57$18,739
Apr 200802,289110.3110.45$23,931
Mar 200802,293101.909.66$22,160
Feb 200802,89992.538.77$25,426
Jan 200803,41990.388.21$28,055
Dec 200702,96388.337.30$21,636
Nov 200702,98391.677.29$21,751
Oct 200703,57082.856.92$24,711
Sep 200703,59775.846.24$22,460
Aug 200704,00069.066.39$25,552
Jul 200703,83270.906.39$24,479
Jun 200704,14862.007.55$31,311
May 200704,44058.747.85$34,837
Apr 200704,57059.617.81$35,670
Mar 200704,21256.927.30$30,756
Feb 200703,46355.108.22$28,452
Jan 200704,13550.306.73$27,816
Dec 200604,68356.656.92$32,399
Nov 200605,04454.207.62$38,423
Oct 200605,68354.906.01$34,176
Sep 200605,93160.085.04$29,876
Aug 200605,98368.717.34$43,915
Jul 200607,12169.376.34$45,167
Jun 200604,78166.286.38$30,521
May 200609,25566.016.42$59,463
Apr 200608,37764.397.36$61,659
Mar 200608,06056.707.08$57,088
Feb 200608,43357.597.75$65,365
Jan 2006012,25160.598.93$109,442
Dec 2005012,76654.9413.42$171,261
Nov 200504,83654.6910.59$51,206
Oct 200507,91058.3413.80$109,124
Sep 2005023,46261.4512.08$283,398
Aug 2005020,03961.519.80$196,319
Jul 2005018,63455.697.84$146,158
Jun 2005028,71252.337.38$211,924
May 2005036,83245.226.65$244,976

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                  733 Mcf  × $  3.05 =     $2,233

────────────────────────────────────────────────────
Month total                                   $2,233

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/213308 is the state's own key, not one this site invented.