LYCO

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 243800District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Oct 2008 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
212
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 Gas112009-03-09189954
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
CondensateDisposition8,020 bbl$523,671
GasProduction812,556 Mcf$3,634,149
Total$4,157,820

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 30.1005, -96.6915. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.10053, -96.69145 · 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
11,824 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 11,824 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-149331921H11,824 ftOct 2008

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 (212)

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

212 months

May 20260126106.413.05$384
Apr 2026032398.932.87$927
Mar 2026032889.753.15$1,033
Feb 2026031263.503.75$1,170
Jan 2026034859.138.00$2,783
Dec 2025032256.664.41$1,421
Nov 2025028858.593.93$1,131
Oct 2025032359.383.30$1,067
Sep 2025029662.743.08$911
Aug 2025024363.933.01$733
Jul 2025032766.743.32$1,084
Jun 2025030766.483.13$961
May 2025032960.553.23$1,063
Apr 2025035762.363.54$1,265
Mar 2025037467.704.27$1,596
Feb 20259559170.884.34$9,299
Jan 2025541874.324.28$2,160
Dec 2024015068.993.12$468
Nov 2024029169.052.20$640
Oct 2024029171.372.28$664
Sep 2024028169.612.36$664
Aug 2024035375.632.06$728
Jul 2024049679.932.15$1,065
Jun 2024028478.082.63$748
May 2024065678.812.20$1,442
Apr 2024010584.451.66$174
Mar 2024041480.301.55$640
Feb 2024038976.091.78$694
Jan 2024043073.023.30$1,418
Dec 2023035671.262.61$929
Nov 2023035677.892.81$999
Oct 2023035185.443.09$1,084
Sep 2023050189.042.74$1,370
Aug 202308380.522.67$222
Jul 2023036974.852.64$975
Jun 202301,61468.962.26$3,645
May 2023080970.622.23$1,802
Apr 2023057578.122.24$1,287
Mar 2023018772.852.39$448
Feb 2023065475.112.47$1,613
Jan 2023074376.533.39$2,517
Dec 2022079276.415.73$4,537
Nov 2022069385.005.65$3,913
Oct 2022051787.185.86$3,032
Sep 2022162084.888.16$5,146
Aug 2022187594.529.13$8,081
Jul 202201,005101.587.54$7,580
Jun 20220475115.097.98$3,789
May 20220640109.378.43$5,397
Apr 20221647104.226.84$4,528
Mar 20220889108.885.08$4,513
Feb 2022041391.054.86$2,007
Jan 2022174781.844.54$3,471
Dec 2021073271.323.90$2,854
Nov 2021065577.435.24$3,430
Oct 2021060879.795.71$3,474
Sep 2021052369.865.35$2,799
Aug 2021074966.024.22$3,161
Jul 2021141170.783.98$1,707
Jun 202118164069.493.38$14,741
May 2021174063.483.02$2,297
Apr 2021143060.362.76$1,246
Mar 2021175261.302.72$2,104
Feb 2021154557.805.55$3,081
Jan 2021076850.412.81$2,158
Dec 2020177244.642.68$2,110
Nov 202011,07338.772.71$2,943
Oct 2020188336.972.48$2,225
Sep 202001,01337.091.99$2,017
Aug 2020398339.982.39$2,464
Jul 202011,06538.371.83$1,982
Jun 202031,35034.901.69$2,387
May 2020177016.921.81$1,414
Apr 202081,15214.751.80$2,197
Mar 2020101,77030.341.86$3,589
Feb 202031,73149.881.98$3,578
Jan 202011,06157.252.09$2,280
Dec 2019027159.012.30$624
Nov 2019052255.302.75$1,436
Oct 201901,22653.472.42$2,965
Sep 20191831,12855.052.66$13,072
Aug 201911,09553.112.30$2,576
Jul 2019187456.272.46$2,206
Jun 201901,07352.782.49$2,673
May 201911,00058.482.74$2,799
Apr 201911,39562.632.75$3,900
Mar 201911,14356.803.06$3,557
Feb 201911,23050.852.79$3,485
Jan 201911,44046.033.23$4,695
Dec 201811,32746.594.19$5,601
Nov 201811,17352.934.24$5,023
Oct 201801,01361.443.40$3,442
Sep 2018098259.543.11$3,052
Aug 201811,17759.403.07$3,669
Jul 201811,16265.142.93$3,472
Jun 2018196960.183.08$3,042
May 201811,03265.382.90$3,059
Apr 20181661,09163.842.90$13,762
Mar 2018092261.222.79$2,569
Feb 201811,10161.782.77$3,107
Jan 201801,23962.874.01$4,968
Dec 201711,05457.272.92$3,137
Nov 201701,16155.423.12$3,620
Oct 201711,24349.292.98$3,758
Sep 201711,19547.523.09$3,737
Aug 2017188645.373.00$2,707
Jul 201701,08243.873.09$3,340
Jun 2017199942.493.09$3,127
May 201721,03545.373.26$3,468
Apr 201711,27147.933.21$4,130
Mar 201701,14846.772.98$3,425
Feb 201721,21150.452.95$3,677
Jan 201721,43249.413.42$4,995
Dec 20161781,37348.763.72$13,791
Nov 201611,46542.492.64$3,916
Oct 201621,46946.193.09$4,632
Sep 201601,57641.553.10$4,887
Aug 201611,54841.442.92$4,568
Jul 201601,59041.622.92$4,650
Jun 201611,59345.352.69$4,324
May 201621,77542.521.99$3,619
Apr 201631,77536.561.99$3,644
Mar 201601,53533.011.79$2,754
Feb 201611,68226.472.06$3,498
Jan 20161901,86827.352.36$9,613
Dec 201511,89632.362.00$3,827
Nov 201511,83838.792.17$4,022
Oct 201531,91443.552.43$4,775
Sep 201522,49542.992.76$6,968
Aug 201543,21040.162.87$9,381
Jul 201532,16548.152.95$6,521
Jun 201531,21056.152.88$3,657
May 2015148455.212.96$1,486
Apr 201523,31949.822.71$9,083
Mar 2015054242.892.93$1,591
Feb 20151541,89344.662.98$12,512
Jan 201512,10743.433.10$6,576
Dec 201412,35054.693.59$8,494
Nov 201402,17770.464.25$9,256
Oct 201443,09578.303.90$12,387
Sep 20141791,36586.164.05$20,945
Aug 201402,38589.394.04$9,624
Jul 201412,94396.564.18$12,397
Jun 201401,66098.164.74$7,863
May 201412,64394.734.73$12,587
Apr 201423,48595.944.81$16,952
Mar 201413,03095.895.06$15,418
Feb 20141851,09197.406.19$24,774
Jan 201412,97690.404.86$14,556
Dec 201322,85891.824.35$12,629
Nov 201312,93088.853.74$11,042
Oct 201313,07897.423.78$11,730
Sep 201323,947104.113.72$14,882
Aug 20131815,139104.253.52$36,972
Jul 201313,365102.523.72$12,613
Jun 201302,96094.403.93$11,643
May 201323,28594.834.15$13,819
Apr 201322,00893.964.28$8,787
Mar 201312,95193.623.91$11,641
Feb 201323,36291.233.42$11,680
Jan 20131873,46191.603.42$28,966
Dec 201233,66486.773.42$12,792
Nov 201223,70986.953.62$13,619
Oct 201224,80089.383.40$16,497
Sep 201212,66994.672.92$7,884
Aug 201202,37792.662.91$6,913
Jul 201202,51485.133.02$7,594
Jun 20121923,84079.822.52$24,999
May 201234,83091.612.49$12,293
Apr 201212,180101.652.00$4,455
Mar 201202,968105.052.22$6,595
Feb 201223,557101.102.57$9,345
Jan 201233,86098.092.73$10,848
Dec 20111844,12696.873.24$31,191
Nov 201164,45295.723.31$15,316
Oct 201124,21384.983.65$15,541
Sep 201102,86883.623.99$11,431
Aug 201122,92983.404.15$12,320
Jul 201113,51294.144.52$15,959
Jun 20111103,53492.904.64$26,616
May 201123,91998.134.40$17,459
Apr 20111854,242105.964.33$37,984
Mar 201124,75796.364.06$19,493
Feb 201124,13485.644.18$17,451
Jan 20111895,05986.504.59$39,563
Dec 201035,26985.734.35$23,165
Nov 20101875,22780.843.80$34,955
Oct 201025,64078.103.51$19,946
Sep 20101895,89772.633.98$37,194
Aug 201066,58273.684.42$29,530
Jul 201047,24572.554.74$34,606
Jun 20101856,77270.364.91$46,270
May 20101989,47371.124.24$54,202
Apr 201045,42981.694.12$22,709
Mar 201019010,09878.394.39$59,211
Feb 201049,48573.585.44$51,915
Jan 201016010,28774.365.96$73,250
Dec 200920412,02371.445.48$80,505
Nov 200919111,31274.593.75$56,684
Oct 200937212,46972.544.11$78,236
Sep 2009814,07965.543.06$43,673
Aug 200938416,30167.423.22$78,354
Jul 200919420,15161.133.46$81,672
Jun 200918922,32366.163.90$99,452
May 200919022,86954.743.93$100,179
Apr 200920327,90046.773.59$109,586
Mar 200920433,24542.144.06$143,538
Feb 200921433,87432.814.63$163,960
Jan 200942846,01235.865.37$262,479
Dec 200842455,87437.105.98$349,697
Nov 200863166,17255.496.86$488,978
Oct 200814945,82875.246.92$328,431

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                  126 Mcf  × $  3.05 =       $384

────────────────────────────────────────────────────
Month total                                     $384

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/243800 is the state's own key, not one this site invented.