SANDERS 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 216809District 03Field 34733500CondensateGasSave
Value, all time
$18.5 M
Apr 2006 – May 2026
Value, last 12 filed months
$251 k
at the published price for each month
Months reported
242
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition60 bbl$4,563
GasProduction3,496,527 Mcf$18,518,863
Total$18,523,426

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 30.5044, -95.8221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50444, -95.82209 · 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
14,741 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 14,741 ft.

Completions filed
Apr 2006
1 of 1 wells

1 well

42-185307031H14,741 ftApr 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 (242)

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

242 months

May 202615,156106.413.05$15,811
Apr 202605,62898.932.87$16,151
Mar 202616,30889.753.15$19,956
Feb 202605,84063.503.75$21,902
Jan 202616,37959.138.00$51,078
Dec 202506,27656.664.41$27,698
Nov 202515,63858.593.93$22,196
Oct 202505,90959.383.30$19,528
Sep 202504,70062.743.08$14,462
Aug 202504,65963.933.01$14,046
Jul 202514,30566.743.32$14,339
Jun 202504,46866.483.13$13,979
May 202505,21260.553.23$16,847
Apr 202504,75562.363.54$16,848
Mar 202525,31367.704.27$22,813
Feb 202505,04270.884.34$21,887
Jan 202506,21874.324.28$26,605
Dec 202406,45668.993.12$20,152
Nov 202405,99769.052.20$13,184
Oct 202405,64271.372.28$12,872
Sep 202405,55369.612.36$13,129
Aug 202405,29575.632.06$10,927
Jul 202405,28679.932.15$11,347
Jun 202405,14978.082.63$13,562
May 202405,97578.812.20$13,136
Apr 202405,88684.451.66$9,766
Mar 202405,93080.301.55$9,163
Feb 202406,33876.091.78$11,305
Jan 202406,52173.023.30$21,504
Dec 202307,07771.262.61$18,476
Nov 202306,39177.892.81$17,943
Oct 202306,58585.443.09$20,330
Sep 202306,57189.042.74$17,972
Aug 202306,48080.522.67$17,320
Jul 202308,48174.852.64$22,405
Jun 202302,95668.962.26$6,676
May 202302,32670.622.23$5,181
Apr 202303,47878.122.24$7,783
Mar 202305,73172.852.39$13,715
Feb 202315,65375.112.47$14,014
Jan 202307,45476.533.39$25,252
Dec 202207,03876.415.73$40,321
Nov 202206,70985.005.65$37,880
Oct 202205,71287.185.86$33,494
Sep 202204,98984.888.16$40,729
Aug 202205,73194.529.13$52,308
Jul 202204,983101.587.54$37,582
Jun 202205,450115.097.98$43,476
May 202206,292109.378.43$53,061
Apr 202206,082104.226.84$41,586
Mar 202206,504108.885.08$33,017
Feb 202205,31091.054.86$25,800
Jan 202206,58781.844.54$29,890
Dec 202106,32071.323.90$24,642
Nov 202105,72777.435.24$29,991
Oct 202116,60679.795.71$37,826
Sep 202105,95069.865.35$31,838
Aug 202106,45266.024.22$27,231
Jul 202106,55370.783.98$26,095
Jun 202106,24669.493.38$21,115
May 202106,21863.483.02$18,764
Apr 202106,86860.362.76$18,945
Mar 202107,26061.302.72$19,725
Feb 202105,11557.805.55$28,378
Jan 202106,29550.412.81$17,691
Dec 202006,05344.642.68$16,195
Nov 202005,72838.772.71$15,503
Oct 202006,00736.972.48$14,888
Sep 202005,93937.091.99$11,825
Aug 202004,11439.982.39$9,812
Jul 202005,40938.371.83$9,872
Jun 202005,78634.901.69$9,780
May 202006,25216.921.81$11,346
Apr 202006,40714.751.80$11,561
Mar 202007,29230.341.86$13,536
Feb 202003,36849.881.98$6,671
Jan 202007,36557.252.09$15,428
Dec 201906,85359.012.30$15,792
Nov 201906,33055.302.75$17,412
Oct 201905,32253.472.42$12,871
Sep 201906,35955.052.66$16,898
Aug 201907,51153.112.30$17,308
Jul 201909,96256.272.46$24,507
Jun 201907,46352.782.49$18,592
May 201907,67458.482.74$21,029
Apr 201906,70162.632.75$18,432
Mar 201908,18356.803.06$25,057
Feb 201907,78250.852.79$21,729
Jan 201906,47346.033.23$20,896
Dec 201807,75246.594.19$32,446
Nov 201807,62252.934.24$32,296
Oct 201809,10561.443.40$30,940
Sep 201808,68759.543.11$26,999
Aug 201809,83159.403.07$30,147
Jul 201807,88165.142.93$23,106
Jun 201807,02060.183.08$21,600
May 201807,64865.382.90$22,185
Apr 201805,26263.842.90$15,264
Mar 2018012,16561.222.79$33,902
Feb 201809,86261.782.77$27,279
Jan 2018010,74962.874.01$43,096
Dec 2017011,51257.272.92$33,633
Nov 2017011,41555.423.12$35,596
Oct 2017012,15649.292.98$36,270
Sep 201709,90947.523.09$30,592
Aug 201705,88645.373.00$17,684
Jul 201706,23943.873.09$19,262
Jun 201707,07742.493.09$21,849
May 201707,47645.373.26$24,397
Apr 201704,74947.933.21$15,252
Mar 201704,76046.772.98$14,202
Feb 201704,36750.452.95$12,894
Jan 201702,35549.413.42$8,051
Dec 201605,26448.763.72$19,597
Nov 2016011,74142.492.64$31,047
Oct 2016011,71146.193.09$36,190
Sep 2016010,61241.553.10$32,904
Aug 2016012,27241.442.92$35,888
Jul 2016011,07241.622.92$32,378
Jun 2016010,67245.352.69$28,663
May 2016012,03742.521.99$23,966
Apr 201609,35836.561.99$18,632
Mar 201607,71333.011.79$13,837
Feb 201608,29926.472.06$17,126
Jan 201608,57227.352.36$20,267
Dec 201509,31932.362.00$18,651
Nov 2015011,35338.792.17$24,606
Oct 2015013,77043.552.43$33,414
Sep 2015019,19042.992.76$52,934
Aug 2015014,71640.162.87$42,272
Jul 2015016,11948.152.95$47,472
Jun 2015016,51256.152.88$47,602
May 2015016,36855.212.96$48,375
Apr 201508,50849.822.71$23,028
Mar 201508,99142.892.93$26,386
Feb 201507,45744.662.98$22,193
Jan 201509,34543.433.10$28,975
Dec 201408,98554.693.59$32,268
Nov 201408,48470.464.25$36,073
Oct 201405,62278.303.90$21,931
Sep 201406,47286.164.05$26,182
Aug 201406,77189.394.04$27,322
Jul 201407,37496.564.18$30,820
Jun 201408,17898.164.74$38,738
May 201406,80994.734.73$32,183
Apr 201406,75995.944.81$32,505
Mar 201407,72295.895.06$39,049
Feb 201407,35597.406.19$45,542
Jan 201408,19990.404.86$39,853
Dec 201309,01791.824.35$39,264
Nov 201307,96088.853.74$29,757
Oct 201308,70297.423.78$32,888
Sep 201317,950104.113.72$29,660
Aug 201308,536104.253.52$30,069
Jul 201319,579102.523.72$35,715
Jun 201309,37794.403.93$36,884
May 201319,50094.834.15$39,511
Apr 201318,67893.964.28$37,258
Mar 201308,59493.623.91$33,627
Feb 201307,42291.233.42$25,383
Jan 201308,90391.603.42$30,447
Dec 201208,71886.773.42$29,817
Nov 201208,95286.953.62$32,451
Oct 2012011,19389.383.40$38,053
Sep 2012010,12994.672.92$29,560
Aug 2012010,31492.662.91$29,995
Jul 2012110,14885.133.02$30,740
Jun 201209,82579.822.52$24,750
May 2012010,66291.612.49$26,530
Apr 2012110,186101.652.00$20,441
Mar 2012010,906105.052.22$24,234
Feb 2012010,826101.102.57$27,825
Jan 2012311,94698.092.73$32,956
Dec 2011111,11496.873.24$36,103
Nov 2011010,91795.723.31$36,149
Oct 2011011,46484.983.65$41,827
Sep 2011110,74683.623.99$42,915
Aug 2011012,44883.404.15$51,651
Jul 2011011,92594.144.52$53,868
Jun 2011011,04792.904.64$51,257
May 2011111,42798.134.40$50,432
Apr 2011011,967105.964.33$51,856
Mar 2011012,30196.364.06$49,909
Feb 2011011,36585.644.18$47,505
Jan 2011010,75086.504.59$49,329
Dec 2010112,29185.734.35$53,524
Nov 2010012,97980.843.80$49,260
Oct 2010113,21978.103.51$46,462
Sep 2010111,73272.633.98$46,760
Aug 2010012,53173.684.42$55,379
Jul 2010014,30372.554.74$67,746
Jun 2010014,36870.364.91$70,553
May 2010114,74071.124.24$62,498
Apr 2010014,34681.694.12$59,144
Mar 2010214,68478.394.39$64,600
Feb 2010113,29573.585.44$72,430
Jan 2010114,84374.365.96$88,599
Dec 2009015,70671.445.48$86,128
Nov 2009115,10474.593.75$56,737
Oct 2009016,06072.544.11$66,011
Sep 2009014,41065.543.06$44,163
Aug 2009014,93567.423.22$48,068
Jul 2009117,93761.133.46$62,204
Jun 2009017,76966.163.90$69,210
May 2009416,77754.743.93$66,081
Apr 2009117,26646.773.59$61,989
Mar 2009018,78442.144.06$76,244
Feb 2009114,51032.814.63$67,258
Jan 2009218,85435.865.37$101,337
Dec 2008018,04437.105.98$107,852
Nov 2008017,88955.496.86$122,725
Oct 2008118,03075.246.92$124,879
Sep 2008019,810101.767.88$156,045
Aug 2008120,047114.228.48$170,173
Jul 2008021,171131.0811.39$241,126
Jun 2008022,269131.3313.03$290,224
May 2008125,229123.1711.57$292,131
Apr 2008025,026110.3110.45$261,643
Mar 2008022,068101.909.66$213,267
Feb 2008324,48392.538.77$215,008
Jan 2008127,14590.388.21$222,835
Dec 2007125,31588.337.30$184,938
Nov 2007028,45491.677.29$207,478
Oct 2007128,57582.856.92$197,878
Sep 2007226,48275.846.24$165,510
Aug 2007129,89869.066.39$191,056
Jul 2007137,54670.906.39$239,913
Jun 2007239,77262.007.55$300,341
May 2007133,62158.747.85$263,859
Apr 2007340,66959.617.81$317,609
Mar 2007244,02056.927.30$321,547
Feb 2007042,77155.108.22$351,407
Jan 2007048,60550.306.73$326,959
Dec 2006054,38156.656.92$376,232
Nov 2006059,36754.207.62$452,227
Oct 2006072,50954.906.01$436,055
Sep 2006068,23860.085.04$343,728
Aug 2006093,60468.717.34$687,046
Jul 20060102,90269.376.34$652,683
Jun 20060143,38666.286.38$915,359
May 20060249,05766.016.42$1,600,191
Apr 20060153,67464.397.36$1,131,114

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             1 bbl  × $106.41 =       $106
Gas                5,156 Mcf  × $  3.05 =    $15,704

────────────────────────────────────────────────────
Month total                                  $15,811

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/216809 is the state's own key, not one this site invented.