WEISS

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 216268District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.8 M
Nov 2005 – May 2026
Value, last 12 filed months
$345 k
at the published price for each month
Months reported
247
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 Gas112007-11-26168984
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
CondensateDisposition90 bbl$6,210
GasProduction4,854,733 Mcf$26,777,256
Total$26,783,466

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 30.1146, -96.4240. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.11459, -96.42401 · 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
15,163 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 15,163 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-477309543H15,163 ftNov 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 (247)

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

247 months

May 202607,296106.413.05$22,222
Apr 202607,36398.932.87$21,130
Mar 202607,09589.753.15$22,345
Feb 202606,39663.503.75$23,987
Jan 202617,91059.138.00$63,323
Dec 202507,15356.664.41$31,569
Nov 202507,71258.593.93$30,281
Oct 202508,11159.383.30$26,806
Sep 202517,75962.743.08$23,937
Aug 202508,25363.933.01$24,881
Jul 202508,60666.743.32$28,531
Jun 202518,39566.483.13$26,332
May 202508,19860.553.23$26,499
Apr 202508,55462.363.54$30,308
Mar 202526,29267.704.27$26,992
Feb 202517,29270.884.34$31,724
Jan 202519,48774.324.28$40,666
Dec 202405,04068.993.12$15,732
Nov 202404,18069.052.20$9,189
Oct 202408,02971.372.28$18,317
Sep 202409,81369.612.36$23,201
Aug 202405,74175.632.06$11,847
Jul 202406,67879.932.15$14,335
Jun 202407,31878.082.63$19,275
May 202407,76678.812.20$17,073
Apr 202407,57884.451.66$12,573
Mar 202407,94780.301.55$12,279
Feb 202407,57376.091.78$13,508
Jan 202407,85073.023.30$25,887
Dec 202307,85971.262.61$20,518
Nov 202307,46577.892.81$20,958
Oct 202308,08185.443.09$24,948
Sep 202307,42289.042.74$20,299
Aug 202307,93980.522.67$21,220
Jul 202308,00274.852.64$21,140
Jun 202327,87368.962.26$17,919
May 202309,05570.622.23$20,169
Apr 202306,85978.122.24$15,349
Mar 202327,83672.852.39$18,899
Feb 202307,58375.112.47$18,697
Jan 202308,77276.533.39$29,717
Dec 202217,54976.415.73$43,325
Nov 202208,05285.005.65$45,463
Oct 202208,40787.185.86$49,297
Sep 202227,98484.888.16$65,349
Aug 202208,47594.529.13$77,353
Jul 202217,820101.587.54$59,081
Jun 202208,650115.097.98$69,003
May 202208,494109.378.43$71,630
Apr 202206,540104.226.84$44,718
Mar 202258,719108.885.08$44,806
Feb 202217,83491.054.86$38,155
Jan 202208,49381.844.54$38,539
Dec 202108,88971.323.90$34,659
Nov 202106,84877.435.24$35,862
Oct 202118,59579.795.71$49,191
Sep 202108,28769.865.35$44,343
Aug 202107,68566.024.22$32,435
Jul 202108,59270.783.98$34,214
Jun 202107,85269.493.38$26,545
May 202109,23363.483.02$27,862
Apr 202107,37160.362.76$20,332
Mar 202109,35361.302.72$25,412
Feb 202107,00957.805.55$38,886
Jan 202108,27650.412.81$23,258
Dec 202009,07044.642.68$24,266
Nov 202009,42138.772.71$25,499
Oct 202006,75436.972.48$16,739
Sep 202008,84237.091.99$17,605
Aug 202007,68639.982.39$18,332
Jul 202007,73338.371.83$14,114
Jun 202007,41634.901.69$12,535
May 202009,01816.921.81$16,365
Apr 202008,38114.751.80$15,123
Mar 2020010,28030.341.86$19,082
Feb 202006,41249.881.98$12,700
Jan 202008,85457.252.09$18,547
Dec 201908,75759.012.30$20,179
Nov 201908,31755.302.75$22,878
Oct 201909,09453.472.42$21,994
Sep 201909,11855.052.66$24,229
Aug 201909,34153.112.30$21,525
Jul 201908,02056.272.46$19,730
Jun 201909,31652.782.49$23,208
May 201909,95858.482.74$27,288
Apr 201907,62462.632.75$20,971
Mar 201909,96856.803.06$30,523
Feb 201908,93150.852.79$24,937
Jan 2019011,39346.033.23$36,779
Dec 2018010,39346.594.19$43,499
Nov 2018010,11452.934.24$42,855
Oct 2018010,06861.443.40$34,212
Sep 201809,56259.543.11$29,719
Aug 2018010,32859.403.07$31,671
Jul 2018011,03765.142.93$32,359
Jun 2018010,28260.183.08$31,637
May 2018011,45365.382.90$33,223
Apr 2018010,13463.842.90$29,397
Mar 2018011,58161.222.79$32,274
Feb 201809,82361.782.77$27,172
Jan 2018012,47262.874.01$50,004
Dec 2017010,66457.272.92$31,155
Nov 2017010,74655.423.12$33,510
Oct 2017011,23849.292.98$33,531
Sep 2017011,90447.523.09$36,751
Aug 2017011,46745.373.00$34,451
Jul 2017011,31343.873.09$34,926
Jun 2017012,60442.493.09$38,912
May 2017010,75545.373.26$35,098
Apr 2017011,20447.933.21$35,983
Mar 2017011,33546.772.98$33,820
Feb 201701,03750.452.95$3,062
Jan 2017012,22949.413.42$41,809
Dec 2016011,76248.763.72$43,788
Nov 2016012,33542.492.64$32,618
Oct 2016012,96646.193.09$40,068
Sep 2016011,53041.553.10$35,750
Aug 2016014,88841.442.92$43,538
Jul 2016011,39241.622.92$33,314
Jun 201609,68345.352.69$26,007
May 2016011,54642.521.99$22,989
Apr 2016012,80936.561.99$25,503
Mar 2016012,37433.011.79$22,199
Feb 2016011,98226.472.06$24,726
Jan 2016013,25027.352.36$31,328
Dec 2015012,74632.362.00$25,510
Nov 2015012,63738.792.17$27,389
Oct 2015013,55043.552.43$32,880
Sep 2015014,42642.992.76$39,793
Aug 2015012,32240.162.87$35,395
Jul 2015013,02248.152.95$38,351
Jun 2015013,60456.152.88$39,218
May 2015013,95655.212.96$41,246
Apr 2015012,99749.822.71$35,177
Mar 2015014,18042.892.93$41,614
Feb 2015012,62444.662.98$37,571
Jan 2015014,90943.433.10$46,227
Dec 2014014,38454.693.59$51,658
Nov 2014015,21670.464.25$64,696
Oct 2014012,15078.303.90$47,397
Sep 2014014,26886.164.05$57,720
Aug 2014015,15089.394.04$61,132
Jul 2014015,43596.564.18$64,512
Jun 2014015,82398.164.74$74,952
May 2014014,18794.734.73$67,056
Apr 2014013,37595.944.81$64,322
Mar 2014015,32795.895.06$77,506
Feb 2014013,39297.406.19$82,923
Jan 2014015,66390.404.86$76,133
Dec 2013016,09191.824.35$70,068
Nov 2013015,21788.853.74$56,885
Oct 2013016,25997.423.78$61,449
Sep 2013015,734104.113.72$58,495
Aug 2013016,431104.253.52$57,880
Jul 2013016,326102.523.72$60,696
Jun 2013015,86694.403.93$62,407
May 2013016,69394.834.15$69,261
Apr 2013015,78393.964.28$67,592
Mar 2013016,66193.623.91$65,192
Feb 2013015,02391.233.42$51,377
Jan 2013017,40191.603.42$59,510
Dec 2012017,40686.773.42$59,531
Nov 2012017,06886.953.62$61,871
Oct 2012017,80089.383.40$60,514
Sep 2012017,49994.672.92$51,069
Aug 2012018,03792.662.91$52,454
Jul 2012018,56085.133.02$56,066
Jun 2012017,42179.822.52$43,884
May 2012018,51191.612.49$46,061
Apr 2012018,273101.652.00$36,488
Mar 2012019,292105.052.22$42,868
Feb 2012017,992101.102.57$46,244
Jan 2012019,44898.092.73$53,172
Dec 2011019,81396.873.24$64,189
Nov 2011019,10495.723.31$63,259
Oct 2011020,29384.983.65$74,040
Sep 2011019,64983.623.99$78,317
Aug 2011020,88183.404.15$86,642
Jul 2011021,00894.144.52$94,898
Jun 2011020,65392.904.64$95,827
May 2011021,53498.134.40$94,853
Apr 2011021,158105.964.33$91,684
Mar 2011021,93696.364.06$89,002
Feb 2011019,84685.644.18$82,956
Jan 2011021,26986.504.59$97,599
Dec 2010023,17885.734.35$100,772
Nov 2010022,00380.843.80$83,509
Oct 2010023,71878.103.51$83,224
Sep 2010024,94372.633.98$99,260
Aug 2010025,12773.684.42$111,045
Jul 2010026,64172.554.74$126,185
Jun 2010024,36770.364.91$119,652
May 2010024,75571.124.24$104,843
Apr 2010024,97581.694.12$102,964
Mar 2010026,24578.394.39$115,181
Feb 2010024,37173.585.44$132,636
Jan 2010028,61774.365.96$170,674
Dec 2009029,85671.445.48$163,723
Nov 2009027,83174.593.75$104,408
Oct 2009027,96872.544.11$114,955
Sep 2009028,48565.543.06$87,299
Aug 2009028,57167.423.22$91,956
Jul 2009027,62361.133.46$95,700
Jun 2009029,39266.163.90$114,482
May 2009130,12354.743.93$118,310
Apr 2009331,25346.773.59$112,260
Mar 2009232,88742.144.06$133,573
Feb 2009527,96832.814.63$129,740
Jan 2009031,60535.865.37$169,750
Dec 2008532,35937.105.98$193,600
Nov 2008132,55255.496.86$223,374
Oct 2008335,12875.246.92$243,381
Sep 2008134,490101.767.88$271,783
Aug 2008232,382114.228.48$274,926
Jul 2008036,333131.0811.39$413,812
Jun 2008037,203131.3313.03$484,853
May 2008239,086123.1711.57$452,639
Apr 2008338,905110.3110.45$407,077
Mar 2008041,738101.909.66$403,359
Feb 2008040,42792.538.77$354,568
Jan 2008041,56590.388.21$341,071
Dec 2007242,27088.337.30$308,831
Nov 2007142,26991.677.29$308,305
Oct 2007144,62682.856.92$308,983
Sep 2007046,11075.846.24$287,918
Aug 2007149,82069.066.39$318,316
Jul 2007551,89970.906.39$331,882
Jun 2007451,99062.007.55$392,692
May 2007058,75558.747.85$461,008
Apr 2007669,63659.617.81$543,881
Mar 2007040,05056.927.30$292,444
Feb 2007045,04455.108.22$370,082
Jan 2007156,18450.306.73$377,992
Dec 2006061,51656.656.92$425,595
Nov 2006251,50354.207.62$392,431
Oct 2006058,30554.906.01$350,635
Sep 2006060,18360.085.04$303,154
Aug 2006067,61568.717.34$496,289
Jul 2006069,33769.376.34$439,788
Jun 2006173,32266.286.38$468,145
May 2006579,25766.016.42$509,556
Apr 2006281,80264.397.36$602,231
Mar 2006691,28456.707.08$646,897
Feb 2006389,10957.597.75$690,867
Jan 20060107,78060.598.93$962,833
Dec 20050131,18954.9413.42$1,759,953
Nov 2005028,82754.6910.59$305,232

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                7,296 Mcf  × $  3.05 =    $22,222

────────────────────────────────────────────────────
Month total                                  $22,222

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/216268 is the state's own key, not one this site invented.