SHORTY

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 226538District 03Field 34733500CondensateGasSaveExport
Value, all time
$5.8 M
Mar 2007 – May 2026
Value, last 12 filed months
$29 k
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
CondensateDisposition25,039 bbl$1,904,877
GasProduction778,866 Mcf$3,906,023
Total$5,810,900

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 30.2398, -96.8073. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.23982, -96.80728 · 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
100.0%
1 of 1 wells
Median depth
12,614 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 12,614 ft.

Completions filed
Sep 1994
1 of 1 wells
Plug dates filed
Oct 1992
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-28730657112,614 ftSep 1994Oct 1992

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 2026066106.413.05$201
Apr 202602798.932.87$77
Mar 20260089.753.15$0
Feb 20260663.503.75$23
Jan 202602459.138.00$192
Dec 20250956.664.41$40
Nov 202525558.593.93$333
Oct 202532859.383.30$271
Sep 2025347562.743.08$1,650
Aug 2025372163.933.01$2,365
Jul 20251871,59266.743.32$17,758
Jun 202531,73466.483.13$5,625
May 202521,72360.553.23$5,690
Apr 202521,80462.363.54$6,517
Mar 20251852,16467.704.27$21,761
Feb 202551,43070.884.34$6,562
Jan 2025685874.324.28$4,117
Dec 20241821,63268.993.12$17,650
Nov 202411,75169.052.20$3,919
Oct 202401,66671.372.28$3,801
Sep 20243762,29669.612.36$31,602
Aug 202423,59075.632.06$7,560
Jul 202408579.932.15$182
Jun 202409378.082.63$245
May 202409678.812.20$211
Apr 20240684.451.66$10
Mar 2024010480.301.55$161
Feb 2024017476.091.78$310
Jan 2024013573.023.30$445
Dec 2023018171.262.61$473
Nov 2023124977.892.81$777
Oct 2023029385.443.09$905
Sep 2023227889.042.74$938
Aug 2023022380.522.67$596
Jul 2023030174.852.64$795
Jun 2023017568.962.26$395
May 2023165070.622.23$1,518
Apr 20231831,96078.122.24$18,682
Mar 202332,31072.852.39$5,747
Feb 20231881,94475.112.47$18,914
Jan 202332,15576.533.39$7,530
Dec 20221752,15076.415.73$25,689
Nov 202202,07985.005.65$11,738
Oct 20221872,12087.185.86$28,734
Sep 202213,72684.888.16$30,503
Aug 2022021394.529.13$1,944
Jul 20220214101.587.54$1,614
Jun 20221881,349115.097.98$32,398
May 202222,309109.378.43$19,691
Apr 202221,887104.226.84$13,111
Mar 20221964,289108.885.08$43,113
Feb 202201,50291.054.86$7,298
Jan 2022032681.844.54$1,479
Dec 2021018171.323.90$706
Nov 2021016677.435.24$869
Oct 202121,76979.795.71$10,267
Sep 20211762,28469.865.35$24,517
Aug 202102,22066.024.22$9,370
Jul 202117267270.783.98$14,850
Jun 202101,71269.493.38$5,788
May 202101,06963.483.02$3,226
Apr 202118055460.362.76$12,393
Mar 202102,22261.302.72$6,037
Feb 202101,06957.805.55$5,931
Jan 20211822,06950.412.81$14,989
Dec 202002,28944.642.68$6,124
Nov 20201842,10338.772.71$12,826
Oct 202002,58136.972.48$6,397
Sep 20201722,76237.091.99$11,879
Aug 2020132,95039.982.39$7,556
Jul 202001,49138.371.83$2,721
Jun 20200034.901.69$0
May 2020693716.921.81$1,235
Apr 20201801,11914.751.80$4,674
Mar 202001,97430.341.86$3,664
Feb 20201831,34449.881.98$11,790
Jan 202001,27057.252.09$2,660
Dec 201901,07659.012.30$2,479
Nov 201901,07655.302.75$2,960
Oct 20191781,34153.472.42$12,761
Sep 201901,54955.052.66$4,116
Aug 201901,90753.112.30$4,394
Jul 2019412156.272.46$523
Jun 20191702752.782.49$9,040
May 20190058.482.74$0
Apr 2019179262.632.75$1,318
Mar 2019013456.803.06$410
Feb 2019084250.852.79$2,351
Jan 201901,33946.033.23$4,323
Dec 20181701,69746.594.19$15,023
Nov 20181851,84852.934.24$17,622
Oct 201802,46461.443.40$8,373
Sep 20183702,58959.543.11$30,076
Aug 2018040059.403.07$1,227
Jul 2018016665.142.93$487
Jun 2018012660.183.08$388
May 2018017865.382.90$516
Apr 2018019263.842.90$557
Mar 2018319961.222.79$738
Feb 2018410161.782.77$527
Jan 201853162.874.01$439
Dec 201703457.272.92$99
Nov 201703555.423.12$109
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170342.493.09$9
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170146.772.98$3
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160748.763.72$26
Nov 20160242.492.64$5
Oct 201601046.193.09$31
Sep 20161851,06441.553.10$10,986
Aug 201605,02741.442.92$14,701
Jul 20161905,60141.622.92$24,287
Jun 201603,73645.352.69$10,034
May 201603,29142.521.99$6,553
Apr 20161874,78036.561.99$16,354
Mar 201604,53633.011.79$8,138
Feb 20161924,24426.472.06$13,840
Jan 20161874,59427.352.36$15,976
Dec 20151854,32232.362.00$14,637
Nov 201504,74438.792.17$10,282
Oct 20151804,22643.552.43$18,094
Sep 201503,85742.992.76$10,639
Aug 20151804,55440.162.87$20,310
Jul 20151833,85848.152.95$20,174
Jun 20151853,54456.152.88$20,605
May 20151883,57455.212.96$20,942
Apr 201503,65449.822.71$9,890
Mar 20151923,74842.892.93$19,234
Feb 201503,13444.662.98$9,327
Jan 20151854,00943.433.10$20,465
Dec 20141914,16554.693.59$25,404
Nov 20141963,97170.464.25$30,694
Oct 20141894,37378.303.90$31,858
Sep 201404,64686.164.05$18,795
Aug 20141865,62089.394.04$39,304
Jul 2014059896.564.18$2,499
Jun 201403,84298.164.74$18,199
May 20141934,20994.734.73$38,177
Apr 20141914,03595.944.81$37,729
Mar 201404,57295.895.06$23,120
Feb 20141954,05797.406.19$44,114
Jan 20141924,91090.404.86$41,223
Dec 20131914,80091.824.35$38,439
Nov 20131894,96188.853.74$35,338
Oct 20133785,51197.423.78$57,653
Sep 20131905,106104.113.72$38,764
Aug 201304,531104.253.52$15,961
Jul 20131854,532102.523.72$35,815
Jun 201304,47794.403.93$17,610
May 20131944,96994.834.15$39,014
Apr 201304,87393.964.28$20,869
Mar 20131974,45993.623.91$35,891
Feb 201303,83591.233.42$13,115
Jan 201304,12091.603.42$14,090
Dec 20121874,09886.773.42$30,242
Nov 201203,71686.953.62$13,470
Oct 20121784,36389.383.40$30,742
Sep 201204,94294.672.92$14,423
Aug 20121884,86392.662.91$31,562
Jul 201204,66685.133.02$14,095
Jun 20121784,09579.822.52$24,523
May 20121835,51491.612.49$30,485
Apr 20121883,658101.652.00$26,414
Mar 20123723,202105.052.22$46,194
Feb 20125582,043101.102.57$61,665
Jan 201274655898.092.73$74,701
Dec 201119630496.873.24$19,971
Nov 20110195.723.31$3
Oct 20111945,84484.983.65$37,808
Sep 20111937,55483.623.99$46,247
Aug 20111738,03383.404.15$47,760
Jul 20113598,06294.144.52$70,214
Jun 20111877,81592.904.64$53,633
May 20113758,53298.134.40$74,381
Apr 20111748,265105.964.33$54,252
Mar 20113758,21496.364.06$69,462
Feb 20111877,02085.644.18$45,358
Jan 20111837,27886.504.59$49,227
Dec 20103847,91485.734.35$67,328
Nov 20101897,71280.843.80$44,548
Oct 20103787,78778.103.51$56,846
Sep 20101897,91872.633.98$45,237
Aug 20101815,76073.684.42$38,792
Jul 20101896,04872.554.74$42,358
Jun 20101825,02070.364.91$37,456
May 2010103,92071.124.24$17,313
Apr 20101802,39181.694.12$24,562
Mar 20101892,92778.394.39$27,661
Feb 20101955,99973.585.44$46,997
Jan 20103846,64474.365.96$68,180
Dec 20091906,29871.445.48$48,110
Nov 20091885,51874.593.75$34,724
Oct 20091905,05772.544.11$34,568
Sep 20091955,32265.543.06$29,091
Aug 20091875,93267.423.22$31,700
Jul 20091916,12061.133.46$32,879
Jun 20093735,89466.163.90$47,635
May 20091956,53354.743.93$36,321
Apr 20091856,61046.773.59$32,366
Mar 20091987,32742.144.06$38,084
Feb 20091976,93732.814.63$38,603
Jan 20093947,47235.865.37$54,261
Dec 20081957,33137.105.98$51,053
Nov 20083928,31055.496.86$78,762
Oct 20081959,11475.246.92$77,759
Sep 20081616,741101.767.88$69,483
Aug 200839010,541114.228.48$133,965
Jul 200819210,419131.0811.39$143,834
Jun 20081939,637131.3313.03$150,942
May 200819310,376123.1711.57$143,867
Apr 20081959,959110.3110.45$125,630
Mar 200819510,028101.909.66$116,782
Feb 20081989,18992.538.77$98,914
Jan 200839410,26090.388.21$119,801
Dec 200719611,09288.337.30$98,306
Nov 200719610,15091.677.29$91,978
Oct 200719410,52682.856.92$88,934
Sep 200703,18475.846.24$19,881
Aug 200722069.066.39$266
Jul 2007018870.906.39$1,201
Jun 20071988,87562.007.55$79,268
May 200739416,23858.747.85$150,551
Apr 20077016,97359.617.81$136,650
Mar 2007020,02556.927.30$146,222

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                   66 Mcf  × $  3.05 =       $201

────────────────────────────────────────────────────
Month total                                     $201

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/226538 is the state's own key, not one this site invented.