RANDALL

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 220422District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.0 M
Jul 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
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 Gas112006-12-20170860
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
CondensateDisposition68 bbl$4,873
GasProduction1,515,061 Mcf$8,988,231
Total$8,993,104

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 30.4856, -95.8180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.48561, -95.81802 · 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
14,988 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 14,988 ft.

Completions filed
Jul 2006
1 of 1 wells

1 well

42-185307051H14,988 ftJul 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 (239)

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

239 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017010247.523.09$315
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201701747.933.21$55
Mar 201703746.772.98$110
Feb 201703850.452.95$112
Jan 2017011549.413.42$393
Dec 201601,39748.763.72$5,201
Nov 201603,13842.492.64$8,298
Oct 201603,69746.193.09$11,425
Sep 201603,79541.553.10$11,767
Aug 201603,78041.442.92$11,054
Jul 201604,15041.622.92$12,136
Jun 201603,80045.352.69$10,206
May 201603,68042.521.99$7,327
Apr 201603,41936.561.99$6,807
Mar 201603,74433.011.79$6,717
Feb 201603,41426.472.06$7,045
Jan 201603,53727.352.36$8,363
Dec 201503,08932.362.00$6,182
Nov 201503,71838.792.17$8,058
Oct 201503,99943.552.43$9,704
Sep 201503,34942.992.76$9,238
Aug 201504,08340.162.87$11,728
Jul 201504,62848.152.95$13,630
Jun 201505,20856.152.88$15,014
May 201503,39855.212.96$10,043
Apr 201503,76649.822.71$10,193
Mar 201504,05642.892.93$11,903
Feb 201503,15844.662.98$9,399
Jan 201504,24343.433.10$13,156
Dec 201403,86954.693.59$13,895
Nov 201403,72770.464.25$15,847
Oct 201403,62978.303.90$14,157
Sep 201403,86586.164.05$15,636
Aug 201404,34689.394.04$17,537
Jul 201404,15796.564.18$17,375
Jun 201404,59398.164.74$21,756
May 201404,33694.734.73$20,494
Apr 201404,98895.944.81$23,988
Mar 201404,23695.895.06$21,421
Feb 201403,96197.406.19$24,527
Jan 201404,67290.404.86$22,709
Dec 201304,93491.824.35$21,485
Nov 201304,83088.853.74$18,056
Oct 201305,14197.423.78$19,430
Sep 201315,332104.113.72$19,927
Aug 201305,339104.253.52$18,807
Jul 201315,145102.523.72$19,230
Jun 201303,70194.403.93$14,558
May 201313,85994.834.15$16,106
Apr 201315,35993.964.28$23,044
Mar 201304,33693.623.91$16,966
Feb 201304,00591.233.42$13,697
Jan 201316,74091.603.42$23,142
Dec 201206,17786.773.42$21,126
Nov 201206,45686.953.62$23,403
Oct 201206,33689.383.40$21,540
Sep 201206,46394.672.92$18,862
Aug 201216,33892.662.91$18,525
Jul 201215,98485.133.02$18,162
Jun 201205,86679.822.52$14,777
May 201206,50091.612.49$16,174
Apr 201206,353101.652.00$12,686
Mar 201216,589105.052.22$14,746
Feb 201205,444101.102.57$13,992
Jan 201237,45598.092.73$20,677
Dec 201117,84696.873.24$25,516
Nov 201106,75395.723.31$22,361
Oct 201146,91684.983.65$25,573
Sep 201116,32983.623.99$25,310
Aug 201108,12883.404.15$33,726
Jul 201117,95394.144.52$36,020
Jun 201107,38992.904.64$34,284
May 201117,95798.134.40$35,147
Apr 201117,855105.964.33$34,144
Mar 201108,68796.364.06$35,246
Feb 201117,44085.644.18$31,185
Jan 201117,04686.504.59$32,419
Dec 201006,68685.734.35$29,069
Nov 201018,42380.843.80$32,049
Oct 201018,62478.103.51$30,339
Sep 201009,03672.633.98$35,958
Aug 201027,06973.684.42$31,388
Jul 201007,34272.554.74$34,775
Jun 201008,23170.364.91$40,418
May 201008,47771.124.24$35,902
Apr 201018,17181.694.12$33,768
Mar 201009,04478.394.39$39,691
Feb 201018,36373.585.44$45,588
Jan 201018,30474.365.96$49,600
Dec 200909,73671.445.48$53,390
Nov 200909,54874.593.75$35,819
Oct 200919,67872.544.11$39,852
Sep 200918,86265.543.06$27,225
Aug 200916,10467.423.22$19,713
Jul 2009110,18061.133.46$35,330
Jun 2009110,96366.163.90$42,767
May 2009011,39654.743.93$44,738
Apr 2009010,35546.773.59$37,149
Mar 2009212,13642.144.06$49,344
Feb 2009111,76132.814.63$54,522
Jan 2009156,09935.865.37$33,296
Dec 200813,95137.105.98$23,653
Nov 2008113,93055.496.86$95,620
Oct 2008011,34775.246.92$78,544
Sep 2008110,833101.767.88$85,434
Aug 2008112,216114.228.48$103,743
Jul 2008015,178131.0811.39$172,869
Jun 2008115,569131.3313.03$203,036
May 2008115,677123.1711.57$181,573
Apr 2008015,000110.3110.45$156,823
Mar 2008011,015101.909.66$106,450
Feb 2008116,00692.538.77$140,474
Jan 2008116,75090.388.21$137,536
Dec 2007117,40488.337.30$127,172
Nov 2007017,76591.677.29$129,537
Oct 2007118,66182.856.92$129,254
Sep 2007017,65675.846.24$110,247
Aug 2007123,65869.066.39$151,195
Jul 2007125,66170.906.39$163,992
Jun 2007126,59862.007.55$200,836
May 2007125,30658.747.85$198,617
Apr 2007128,50559.617.81$222,547
Mar 2007133,31456.927.30$243,315
Feb 2007032,25955.108.22$265,040
Jan 2007035,33350.306.73$237,680
Dec 2006040,77556.656.92$282,099
Nov 2006055,15854.207.62$420,165
Oct 2006077,02054.906.01$463,183
Sep 20060111,00660.085.04$559,159
Aug 20060193,00768.717.34$1,416,656
Jul 20060069.376.34$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.

Sep 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 47.52 =         $0
Gas                  102 Mcf  × $  3.09 =       $315

────────────────────────────────────────────────────
Month total                                     $315

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/220422 is the state's own key, not one this site invented.