ABSHIRE SELECTED LANDS UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the NAVASOTA RIVER (CRETACEOUS LWR.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 234462District 03Field 64616300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.9 M
Jan 2007 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
233
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 57 leases and 57 wells, and the rule below applies to all of them.

Discovered
1995-06-22
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1995-10-03.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: EVENLY DIVISIBLE BY 40.

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 Gas112008-06-16179705
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
CondensateDisposition49,070 bbl$4,993,021
GasProduction2,931,650 Mcf$18,948,500
Total$23,941,521

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 30.4663, -96.1453. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.46631, -96.14535 · 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
16,205 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 16,205 ft.

Completions filed
Jan 2007
1 of 1 wells

1 well

42-041318282RE16,205 ftJan 2007

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 (233)

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

233 months

May 202601,699106.413.05$5,175
Apr 202601,76698.932.87$5,068
Mar 202601,87189.753.15$5,893
Feb 202601,71163.503.75$6,417
Jan 202601,94459.138.00$15,548
Dec 202501,98056.664.41$8,738
Nov 202503,38558.593.93$13,291
Oct 2025020559.383.30$677
Sep 2025022962.743.08$705
Aug 2025089863.933.01$2,707
Jul 2025076466.743.32$2,533
Jun 2025095866.483.13$2,997
May 202501,16760.553.23$3,772
Apr 202501,15762.363.54$4,099
Mar 202501,26067.704.27$5,378
Feb 202501,58470.884.34$6,876
Jan 202502,38074.324.28$10,183
Dec 202401,72968.993.12$5,397
Nov 202401,84169.052.20$4,047
Oct 202401,81271.372.28$4,134
Sep 202401,91169.612.36$4,518
Aug 202401,93075.632.06$3,983
Jul 202402,14079.932.15$4,594
Jun 202402,07378.082.63$5,460
May 202402,18478.812.20$4,801
Apr 202402,09584.451.66$3,476
Mar 202402,26080.301.55$3,492
Feb 202412,08276.091.78$3,790
Jan 202402,03973.023.30$6,724
Dec 202302,16671.262.61$5,655
Nov 202301,79977.892.81$5,051
Oct 202301,87485.443.09$5,786
Sep 202301,67489.042.74$4,578
Aug 202301,93780.522.67$5,177
Jul 202301,97074.852.64$5,204
Jun 202302,07068.962.26$4,675
May 202362,72170.622.23$6,484
Apr 202302,18978.122.24$4,898
Mar 202312,26272.852.39$5,486
Feb 202322,13975.112.47$5,424
Jan 202302,42576.533.39$8,215
Dec 202202,49576.415.73$14,294
Nov 202204,41485.005.65$24,922
Oct 202223,06187.185.86$18,123
Sep 202212,68784.888.16$22,021
Aug 202212,75094.529.13$25,194
Jul 202202,672101.587.54$20,152
Jun 202222,714115.097.98$21,880
May 202202,994109.378.43$25,249
Apr 202223,379104.226.84$23,313
Mar 202202,362108.885.08$11,990
Feb 202202,29191.054.86$11,132
Jan 202222,74581.844.54$12,620
Dec 202102,53571.323.90$9,884
Nov 202102,84577.435.24$14,899
Oct 202143,27579.795.71$19,032
Sep 202112,78969.865.35$14,994
Aug 202102,99466.024.22$12,636
Jul 202102,96370.783.98$11,799
Jun 202102,82669.493.38$9,554
May 202102,93963.483.02$8,869
Apr 202102,84460.362.76$7,845
Mar 202102,86561.302.72$7,784
Feb 202102,60857.805.55$14,469
Jan 202102,90450.412.81$8,161
Dec 202003,03044.642.68$8,107
Nov 202002,97038.772.71$8,039
Oct 202003,14336.972.48$7,790
Sep 202013,00937.091.99$6,028
Aug 202022,87639.982.39$6,940
Jul 202002,79338.371.83$5,098
Jun 202002,84734.901.69$4,812
May 202002,82216.921.81$5,121
Apr 202043,32514.751.80$6,059
Mar 202002,96830.341.86$5,509
Feb 202002,81149.881.98$5,568
Jan 202004,77557.252.09$10,002
Dec 201904,20159.012.30$9,681
Nov 201902,74055.302.75$7,537
Oct 201902,66753.472.42$6,450
Sep 201902,63255.052.66$6,994
Aug 201902,79153.112.30$6,431
Jul 201902,66856.272.46$6,563
Jun 201902,60652.782.49$6,492
May 201902,70158.482.74$7,402
Apr 201902,71462.632.75$7,465
Mar 201902,93956.803.06$9,000
Feb 201902,62150.852.79$7,318
Jan 201903,04346.033.23$9,823
Dec 201803,02346.594.19$12,653
Nov 201803,08352.934.24$13,063
Oct 201803,08361.443.40$10,476
Sep 201803,03759.543.11$9,439
Aug 201803,19059.403.07$9,782
Jul 201803,15965.142.93$9,262
Jun 201803,44460.183.08$10,597
May 201803,39665.382.90$9,851
Apr 201803,46963.842.90$10,063
Mar 201803,72661.222.79$10,384
Feb 201803,02061.782.77$8,354
Jan 201803,30662.874.01$13,255
Dec 201702,94457.272.92$8,601
Nov 201703,36055.423.12$10,478
Oct 201703,44649.292.98$10,282
Sep 201702,88747.523.09$8,913
Aug 201703,43145.373.00$10,308
Jul 201703,70443.873.09$11,435
Jun 201703,28042.493.09$10,126
May 201703,60145.373.26$11,752
Apr 201703,42847.933.21$11,009
Mar 201703,78146.772.98$11,281
Feb 201703,38550.452.95$9,995
Jan 201703,80849.413.42$13,019
Dec 201602,75648.763.72$10,260
Nov 201603,55542.492.64$9,401
Oct 201603,59946.193.09$11,122
Sep 201603,07141.553.10$9,522
Aug 201603,54941.442.92$10,378
Jul 20160041.622.92$0
Jun 201604,31445.352.69$11,587
May 201603,68742.521.99$7,341
Apr 201603,43936.561.99$6,847
Mar 201603,59033.011.79$6,441
Feb 201603,48726.472.06$7,196
Jan 201603,69727.352.36$8,741
Dec 201503,73132.362.00$7,467
Nov 201503,65338.792.17$7,917
Oct 201503,23443.552.43$7,848
Sep 201503,08842.992.76$8,518
Aug 201503,63240.162.87$10,433
Jul 201503,07448.152.95$9,053
Jun 201503,74756.152.88$10,802
May 201503,60455.212.96$10,651
Apr 201503,69049.822.71$9,987
Mar 201503,65142.892.93$10,715
Feb 201503,51344.662.98$10,455
Jan 201503,68543.433.10$11,426
Dec 201403,86354.693.59$13,873
Nov 201403,73570.464.25$15,881
Oct 201404,01678.303.90$15,666
Sep 201404,54886.164.05$18,399
Aug 201403,49889.394.04$14,115
Jul 201403,68996.564.18$15,419
Jun 201403,84298.164.74$18,199
May 201401,78394.734.73$8,427
Apr 201403,42395.944.81$16,462
Mar 201404,59895.895.06$23,251
Feb 201404,10897.406.19$25,437
Jan 201404,84190.404.86$23,531
Dec 201304,76191.824.35$20,732
Nov 201304,80288.853.74$17,951
Oct 201304,83597.423.78$18,273
Sep 201304,932104.113.72$18,336
Aug 201304,897104.253.52$17,250
Jul 201304,948102.523.72$18,395
Jun 201304,91094.403.93$19,313
May 201305,21794.834.15$21,646
Apr 201305,10593.964.28$21,863
Mar 201305,31493.623.91$20,793
Feb 201304,86191.233.42$16,624
Jan 201305,99591.603.42$20,502
Dec 201205,58186.773.42$19,088
Nov 201205,57086.953.62$20,191
Oct 201205,89789.383.40$20,048
Sep 201206,19794.672.92$18,085
Aug 201207,89692.662.91$22,963
Jul 201202,91485.133.02$8,803
Jun 201202,43479.822.52$6,131
May 201205,09691.612.49$12,680
Apr 201205,381101.652.00$10,745
Mar 201205,568105.052.22$12,373
Feb 201205,255101.102.57$13,507
Jan 201205,78598.092.73$15,817
Dec 201106,88796.873.24$22,312
Nov 201107,00995.723.31$23,209
Oct 201107,19684.983.65$26,255
Sep 201106,87783.623.99$27,410
Aug 201107,33983.404.15$30,452
Jul 201102,59194.144.52$11,704
Jun 201106,06292.904.64$28,127
May 2011012,43598.134.40$54,774
Apr 201106,095105.964.33$26,411
Mar 201107,95396.364.06$32,268
Feb 201108,01285.644.18$33,490
Jan 201109,61686.504.59$44,126
Dec 2010010,32785.734.35$44,899
Nov 2010010,25480.843.80$38,917
Oct 2010011,36878.103.51$39,889
Sep 2010011,69272.633.98$46,528
Aug 2010012,08273.684.42$53,395
Jul 2010012,84672.554.74$60,845
Jun 2010012,91570.364.91$63,418
May 2010013,69071.124.24$57,980
Apr 2010014,97081.694.12$61,717
Mar 2010015,02678.394.39$65,944
Feb 2010013,54273.585.44$73,700
Jan 2010015,55574.365.96$92,771
Dec 2009016,72271.445.48$91,699
Nov 2009017,70774.593.75$66,428
Oct 2009018,58172.544.11$76,373
Sep 2009018,66165.543.06$57,191
Aug 2009019,94067.423.22$64,177
Jul 2009020,07361.133.46$69,543
Jun 2009021,61966.163.90$84,206
May 2009023,38254.743.93$91,792
Apr 2009024,03246.773.59$86,215
Mar 2009027,22542.144.06$110,506
Feb 2009027,13132.814.63$125,698
Jan 2009032,90735.865.37$176,744
Dec 2008035,93637.105.98$214,795
Nov 2008038,80255.496.86$266,196
Oct 2008046,35375.246.92$320,855
Sep 2008041,983101.767.88$330,704
Aug 2008043,776114.228.48$371,353
Jul 2008056,739131.0811.39$646,225
Jun 2008065,315131.3313.03$851,226
May 2008075,742123.1711.57$876,660
Apr 2008084,882110.3110.45$887,429
Mar 200848,90453,794101.909.66$5,503,187
Feb 2008060,50992.538.77$530,699
Jan 2008095,66490.388.21$784,993
Dec 2007092,68588.337.30$676,783
Nov 20070106,42491.677.29$776,012
Oct 20070131,11182.856.92$907,548
Sep 20070139,88375.846.24$873,452
Aug 20070131,90669.066.39$842,608
Jul 20070172,08070.906.39$1,099,237
Jun 20070182,90062.007.55$1,380,612
May 20071519,36058.747.85$152,785
Apr 200704,23359.617.81$33,039
Mar 2007128,45456.927.30$62,414
Feb 2007107186,74555.108.22$1,540,193
Jan 20070050.306.73$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,699 Mcf  × $  3.05 =     $5,175

────────────────────────────────────────────────────
Month total                                   $5,175

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/234462 is the state's own key, not one this site invented.