GILES 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 215686District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.5 M
Jan 2006 – May 2026
Value, last 12 filed months
$86 k
at the published price for each month
Months reported
245
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 Gas112006-09-25168166
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
CondensateDisposition62 bbl$5,024
GasProduction1,636,919 Mcf$9,524,190
Total$9,529,214

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 30.5188, -95.9044. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.51880, -95.90438 · 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
13,967 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 13,967 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-185307021H13,967 ftJan 2006

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 (245)

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

245 months

May 20260651106.413.05$1,983
Apr 202601,68198.932.87$4,824
Mar 202601,66089.753.15$5,228
Feb 202602,18563.503.75$8,194
Jan 202602,79359.138.00$22,338
Dec 2025081456.664.41$3,592
Nov 202502,22158.593.93$8,721
Oct 202502,31559.383.30$7,651
Sep 2025090862.743.08$2,794
Aug 202502,20463.933.01$6,645
Jul 202502,17966.743.32$7,224
Jun 202502,21466.483.13$6,927
May 202502,27260.553.23$7,344
Apr 202502,31662.363.54$8,206
Mar 202502,34467.704.27$10,005
Feb 202502,43170.884.34$10,553
Jan 202502,21374.324.28$9,469
Dec 202401,58168.993.12$4,935
Nov 202402,19269.052.20$4,819
Oct 202402,18871.372.28$4,992
Sep 202402,11469.612.36$4,998
Aug 202402,21075.632.06$4,561
Jul 202452,23579.932.15$5,197
Jun 202402,10978.082.63$5,555
May 202402,08878.812.20$4,590
Apr 202402,12084.451.66$3,518
Mar 202402,24480.301.55$3,467
Feb 202401,97876.091.78$3,528
Jan 202402,17873.023.30$7,182
Dec 202302,05071.262.61$5,352
Nov 202301,98477.892.81$5,570
Oct 202302,22185.443.09$6,857
Sep 202302,22389.042.74$6,080
Aug 202302,31780.522.67$6,193
Jul 202302,68474.852.64$7,091
Jun 202302,20768.962.26$4,984
May 202322,23170.622.23$5,111
Apr 202302,08678.122.24$4,668
Mar 202302,26972.852.39$5,430
Feb 202302,97875.112.47$7,343
Jan 202302,29876.533.39$7,785
Dec 202202,40976.415.73$13,801
Nov 202202,31985.005.65$13,094
Oct 202202,42687.185.86$14,225
Sep 202202,35784.888.16$19,242
Aug 202202,46994.529.13$22,535
Jul 202202,492101.587.54$18,795
Jun 202202,512115.097.98$20,039
May 202202,748109.378.43$23,174
Apr 202202,263104.226.84$15,473
Mar 202202,540108.885.08$12,894
Feb 202202,12991.054.86$10,344
Jan 202201,80781.844.54$8,200
Dec 202102,31471.323.90$9,023
Nov 202101,96277.435.24$10,275
Oct 202101,86879.795.71$10,674
Sep 202101,93369.865.35$10,343
Aug 202101,79866.024.22$7,589
Jul 202101,86970.783.98$7,443
Jun 202102,06469.493.38$6,978
May 202102,00463.483.02$6,047
Apr 202102,18560.362.76$6,027
Mar 202102,47161.302.72$6,714
Feb 202102,01957.805.55$11,201
Jan 202102,52050.412.81$7,082
Dec 202002,17344.642.68$5,814
Nov 202001,98638.772.71$5,375
Oct 202002,10936.972.48$5,227
Sep 202002,20237.091.99$4,384
Aug 202022,38339.982.39$5,764
Jul 202002,42738.371.83$4,430
Jun 202002,34634.901.69$3,965
May 202002,03916.921.81$3,700
Apr 202002,32914.751.80$4,202
Mar 202002,27530.341.86$4,223
Feb 202002,21649.881.98$4,389
Jan 202002,16257.252.09$4,529
Dec 201902,20559.012.30$5,081
Nov 201902,49755.302.75$6,869
Oct 201902,78453.472.42$6,733
Sep 201902,59555.052.66$6,896
Aug 201902,25653.112.30$5,199
Jul 201902,13756.272.46$5,257
Jun 201902,38352.782.49$5,937
May 201902,42158.482.74$6,634
Apr 201902,32562.632.75$6,395
Mar 201902,50356.803.06$7,664
Feb 201902,30250.852.79$6,428
Jan 201902,14646.033.23$6,928
Dec 2018098046.594.19$4,102
Nov 201801,04852.934.24$4,441
Oct 201802,74461.443.40$9,324
Sep 201802,91159.543.11$9,047
Aug 201802,84759.403.07$8,731
Jul 201802,89565.142.93$8,488
Jun 201802,47760.183.08$7,622
May 201801,63965.382.90$4,754
Apr 201801,94463.842.90$5,639
Mar 201801,70361.222.79$4,746
Feb 201801,90261.782.77$5,261
Jan 201801,86562.874.01$7,477
Dec 201701,95457.272.92$5,709
Nov 201702,06855.423.12$6,449
Oct 201702,02549.292.98$6,042
Sep 201702,21647.523.09$6,841
Aug 201701,94945.373.00$5,856
Jul 201702,14343.873.09$6,616
Jun 201702,00442.493.09$6,187
May 201702,16145.373.26$7,052
Apr 201701,85547.933.21$5,958
Mar 201701,79046.772.98$5,341
Feb 201701,83250.452.95$5,409
Jan 201701,21649.413.42$4,157
Dec 2016066948.763.72$2,491
Nov 201602,40642.492.64$6,362
Oct 201602,49646.193.09$7,713
Sep 201602,79041.553.10$8,651
Aug 201602,70041.442.92$7,896
Jul 201602,66441.622.92$7,790
Jun 201602,57845.352.69$6,924
May 201603,07242.521.99$6,116
Apr 201602,66036.561.99$5,296
Mar 201603,01333.011.79$5,405
Feb 201603,24126.472.06$6,688
Jan 201604,33327.352.36$10,245
Dec 201503,15532.362.00$6,314
Nov 201504,28638.792.17$9,289
Oct 201503,60443.552.43$8,745
Sep 201503,86442.992.76$10,659
Aug 201503,89140.162.87$11,177
Jul 201503,96148.152.95$11,665
Jun 201503,54056.152.88$10,205
May 201503,51255.212.96$10,380
Apr 201503,52849.822.71$9,549
Mar 201503,76842.892.93$11,058
Feb 201503,67844.662.98$10,946
Jan 201503,94243.433.10$12,223
Dec 201403,42754.693.59$12,308
Nov 201404,08570.464.25$17,369
Oct 201404,74678.303.90$18,514
Sep 201405,19986.164.05$21,032
Aug 201404,28089.394.04$17,270
Jul 201404,58596.564.18$19,163
Jun 201404,42498.164.74$20,956
May 201404,47394.734.73$21,142
Apr 201403,51895.944.81$16,918
Mar 201404,48495.895.06$22,675
Feb 201403,84197.406.19$23,783
Jan 201403,93690.404.86$19,132
Dec 201304,31791.824.35$18,798
Nov 2013043388.853.74$1,619
Oct 201303,73397.423.78$14,108
Sep 201303,724104.113.72$13,845
Aug 201303,523104.253.52$12,410
Jul 201313,991102.523.72$14,940
Jun 201304,97194.403.93$19,553
May 201314,46394.834.15$18,612
Apr 201304,93493.964.28$21,130
Mar 201304,19093.623.91$16,395
Feb 201313,83991.233.42$13,220
Jan 201324,25491.603.42$14,732
Dec 201205,26686.773.42$18,011
Nov 201203,75786.953.62$13,619
Oct 201204,07889.383.40$13,864
Sep 201204,14594.672.92$12,097
Aug 201204,21592.662.91$12,258
Jul 201204,05985.133.02$12,261
Jun 201204,32379.822.52$10,890
May 201204,12191.612.49$10,254
Apr 201213,462101.652.00$7,015
Mar 201214,803105.052.22$10,778
Feb 201204,540101.102.57$11,669
Jan 201244,56498.092.73$12,871
Dec 201104,61096.873.24$14,935
Nov 201114,42595.723.31$14,748
Oct 201105,06384.983.65$18,473
Sep 201104,78783.623.99$19,080
Aug 201124,55083.404.15$19,046
Jul 201104,37094.144.52$19,740
Jun 201104,22392.904.64$19,594
May 201125,25298.134.40$23,330
Apr 201104,735105.964.33$20,518
Mar 201115,36596.364.06$21,864
Feb 201105,18285.644.18$21,661
Jan 201115,28386.504.59$24,329
Dec 201005,41485.734.35$23,539
Nov 201015,29880.843.80$20,189
Oct 201005,85978.103.51$20,559
Sep 201015,61072.633.98$22,397
Aug 201005,61673.684.42$24,819
Jul 201015,66472.554.74$26,900
Jun 201005,76170.364.91$28,289
May 201004,90171.124.24$20,757
Apr 201015,48481.694.12$22,691
Mar 201006,42678.394.39$28,202
Feb 201015,66973.585.44$30,926
Jan 201006,11074.365.96$36,441
Dec 200907,17471.445.48$39,340
Nov 200907,66774.593.75$28,763
Oct 200908,07572.544.11$33,190
Sep 200906,84765.543.06$20,984
Aug 200908,26667.423.22$26,604
Jul 200916,36761.133.46$22,120
Jun 200905,20666.163.90$20,277
May 200948,53354.743.93$33,717
Apr 200906,53946.773.59$23,459
Mar 200926,73542.144.06$27,422
Feb 200906,35732.814.63$29,452
Jan 200927,77135.865.37$41,810
Dec 200807,71337.105.98$46,102
Nov 200817,49055.496.86$51,440
Oct 200807,09275.246.92$49,091
Sep 200817,502101.767.88$59,196
Aug 2008010,040114.228.48$85,170
Jul 200819,983131.0811.39$113,832
Jun 2008110,072131.3313.03$131,396
May 2008111,253123.1711.57$130,369
Apr 200819,566110.3110.45$100,122
Mar 2008112,386101.909.66$119,801
Feb 2008311,91592.538.77$104,779
Jan 2008213,54790.388.21$111,344
Dec 2007115,74188.337.30$115,029
Nov 2007012,98191.677.29$94,654
Oct 2007115,08382.856.92$104,487
Sep 2007318,23575.846.24$114,090
Aug 2007117,38069.066.39$111,091
Jul 2007121,08470.906.39$134,754
Jun 2007123,98262.007.55$181,089
May 2007022,06958.747.85$173,160
Apr 2007119,41859.617.81$151,621
Mar 2007021,33556.927.30$155,788
Feb 2007020,23055.108.22$166,210
Jan 2007020,62950.306.73$138,768
Dec 2006022,38756.656.92$154,883
Nov 2006019,21454.207.62$146,362
Oct 2006024,99154.906.01$150,291
Sep 2006029,45060.085.04$148,346
Aug 2006034,57468.717.34$253,770
Jul 2006039,45869.376.34$250,273
Jun 2006047,26066.286.38$301,702
May 2006045,97866.016.42$295,409
Apr 2006060,06264.397.36$442,085
Mar 2006094,91656.707.08$672,282
Feb 20060191,62257.597.75$1,485,285
Jan 20060060.598.93$0

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                  651 Mcf  × $  3.05 =     $1,983

────────────────────────────────────────────────────
Month total                                   $1,983

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/215686 is the state's own key, not one this site invented.