MARVA 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 225960District 03Field 34733500CondensateGasSaveExport
Value, all time
$2.4 M
Mar 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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

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
CondensateDisposition18,585 bbl$1,331,021
GasProduction247,535 Mcf$1,020,445
Total$2,351,466

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 30.2875, -96.7643. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.28753, -96.76434 · 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
8,898 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 8,898 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-287303601RE8,898 ftOct 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 (231)

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

231 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 202039036.972.48$1,442
Sep 20200037.091.99$0
Aug 202001,77539.982.39$4,234
Jul 20200038.371.83$0
Jun 20201781,33234.901.69$8,464
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202001,92430.341.86$3,571
Feb 20200049.881.98$0
Jan 202001,66057.252.09$3,477
Dec 20190059.012.30$0
Nov 201901,39755.302.75$3,843
Oct 20190053.472.42$0
Sep 201901,45155.052.66$3,856
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201902,39252.782.49$5,959
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201902,03956.803.06$6,244
Feb 20190050.852.79$0
Jan 201901,30546.033.23$4,213
Dec 20180346.594.19$13
Nov 2018061652.934.24$2,610
Oct 201806461.443.40$217
Sep 2018059859.543.11$1,859
Aug 201803759.403.07$113
Jul 2018023765.142.93$695
Jun 201818077160.183.08$13,205
May 2018065065.382.90$1,886
Apr 2018075763.842.90$2,196
Mar 201801,30361.222.79$3,631
Feb 20181681,45561.782.77$14,404
Jan 201801,52162.874.01$6,098
Dec 201701,79657.272.92$5,247
Nov 20171771,70555.423.12$15,126
Oct 201701,08949.292.98$3,249
Sep 2017044147.523.09$1,361
Aug 201701,43045.373.00$4,296
Jul 20171761,79443.873.09$13,260
Jun 20171832,04142.493.09$14,077
May 201701,83745.373.26$5,995
Apr 201701,59047.933.21$5,106
Mar 20171811,82946.772.98$13,923
Feb 201702,19550.452.95$6,481
Jan 2017053849.413.42$1,839
Dec 20161761,51148.763.72$14,207
Nov 2016066142.492.64$1,748
Oct 201617368146.193.09$10,095
Sep 201601,18741.553.10$3,680
Aug 20161701,46041.442.92$11,314
Jul 20161722,02541.622.92$13,080
Jun 201612,03745.352.69$5,516
May 20161732,37042.521.99$12,075
Apr 20161752,30136.561.99$10,979
Mar 201612,62533.011.79$4,742
Feb 20163392,36326.472.06$13,850
Jan 20161711,67027.352.36$8,625
Dec 20151712,61632.362.00$10,769
Nov 20151711,95138.792.17$10,862
Oct 201531,88943.552.43$4,714
Sep 20153442,70642.992.76$22,253
Aug 201501,68240.162.87$4,832
Jul 20153512,05948.152.95$22,965
Jun 20155131,75056.152.88$33,850
May 20153432,11555.212.96$25,188
Apr 20151701,44249.822.71$12,372
Mar 201516949042.892.93$8,686
Feb 20153381,58544.662.98$19,812
Jan 2015117243.433.10$577
Dec 20141821,01954.693.59$13,613
Nov 20141781,04270.464.25$16,972
Oct 201435578078.303.90$30,839
Sep 2014088186.164.05$3,564
Aug 201418083289.394.04$19,447
Jul 201411,19896.564.18$5,104
Jun 20141701,01998.164.74$21,514
May 201431,49494.734.73$7,346
Apr 201421,16395.944.81$5,785
Mar 20141841,46495.895.06$25,047
Feb 2014240397.406.19$2,690
Jan 2014062090.404.86$3,014
Dec 20131851,41591.824.35$23,148
Nov 2013055888.853.74$2,086
Oct 2013188997.423.78$3,457
Sep 20131782104.113.72$3,011
Aug 201302,287104.253.52$8,056
Jul 2013181643102.523.72$20,947
Jun 201301,99294.403.93$7,835
May 201301,81694.834.15$7,535
Apr 20131771,76293.964.28$24,177
Mar 20131811,72393.623.91$23,687
Feb 201301,46891.233.42$5,020
Jan 20131811,18891.603.42$20,642
Dec 201201,70886.773.42$5,842
Nov 20121821,16886.953.62$20,059
Oct 201201,75889.383.40$5,977
Sep 201201,56094.672.92$4,553
Aug 201201,68892.662.91$4,909
Jul 201218599985.133.02$18,767
Jun 201201,15279.822.52$2,902
May 2012048191.612.49$1,197
Apr 201200101.652.00$0
Mar 201201,255105.052.22$2,789
Feb 201201101.102.57$3
Jan 2012060698.092.73$1,657
Dec 201111251396.873.24$12,511
Nov 201118091395.723.31$20,253
Oct 201101,11284.983.65$4,057
Sep 2011034483.623.99$1,371
Aug 201102,71283.404.15$11,253
Jul 20111823,18794.144.52$31,530
Jun 201112,22192.904.64$10,398
May 20111853,46298.134.40$33,404
Apr 201114,068105.964.33$17,734
Mar 20111824,27796.364.06$34,891
Feb 20111823,92085.644.18$31,972
Jan 201123,80386.504.59$17,624
Dec 201002,04785.734.35$8,900
Nov 20101814,68780.843.80$32,421
Oct 20102124,58978.103.51$32,660
Sep 201015,34472.633.98$21,339
Aug 20101774,01373.684.42$30,776
Jul 201011,21172.554.74$5,808
Jun 20105463,67170.364.91$56,443
May 20103612,45471.124.24$36,068
Apr 201001,27081.694.12$5,236
Mar 201031,28978.394.39$5,892
Feb 201011,28073.585.44$7,040
Jan 20101865,09874.365.96$44,236
Dec 20093633,54471.445.48$45,367
Nov 200902,88074.593.75$10,804
Oct 20093642,88172.544.11$38,246
Sep 200904,42065.543.06$13,546
Aug 20091842,79767.423.22$21,407
Jul 20093663,48161.133.46$34,434
Jun 2009051566.163.90$2,006
May 20091801,67254.743.93$16,417
Apr 20091801,74946.773.59$14,693
Mar 20091801,23842.144.06$12,610
Feb 20091902,49832.814.63$17,807
Jan 20091881,61335.865.37$15,405
Dec 20081821,45037.105.98$15,419
Nov 20083732,27655.496.86$36,312
Oct 20081762,62375.246.92$31,399
Sep 20081872,099101.767.88$35,563
Aug 20081821,288114.228.48$31,714
Jul 20081882,099131.0811.39$48,549
Jun 20083611,376131.3313.03$65,343
May 20085492,611123.1711.57$97,841
Apr 2008371777110.3110.45$49,048
Mar 200801,111101.909.66$10,737
Feb 20085701,16792.538.77$62,977
Jan 20085501,19490.388.21$59,507
Dec 200701,81688.337.30$13,260
Nov 20075561,49991.677.29$61,899
Oct 2007060982.856.92$4,215
Sep 200751386775.846.24$44,320
Aug 200755673669.066.39$43,099
Jul 200744253970.906.39$34,781
Jun 2007018962.007.55$1,427
May 200705958.747.85$463
Apr 2007033259.617.81$2,591
Mar 2007031156.927.30$2,271

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.

Oct 2020 — as filed, then multipliedworked
Condensate            39 bbl  × $ 36.97 =     $1,442
Gas                    0 Mcf  × $  2.48 =         $0

────────────────────────────────────────────────────
Month total                                   $1,442

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/225960 is the state's own key, not one this site invented.