HURST-BAY 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 246965District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.3 M
Feb 2009 – May 2026
Value, last 12 filed months
$87 k
at the published price for each month
Months reported
208
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 Gas112009-06-12190627
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
CondensateDisposition27 bbl$1,612
GasProduction2,447,757 Mcf$9,283,204
Total$9,284,815

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 30.4477, -95.9506. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.44770, -95.95063 · 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
14,698 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 14,698 ft.

Completions filed
Feb 2009
1 of 1 wells

1 well

42-185307331H14,698 ftFeb 2009

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 (208)

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

208 months

May 202601,874106.413.05$5,708
Apr 202601,84398.932.87$5,289
Mar 202602,00189.753.15$6,302
Feb 202602,41163.503.75$9,042
Jan 202601,75359.138.00$14,020
Dec 202501,88356.664.41$8,310
Nov 202501,78058.593.93$6,989
Oct 202502,01359.383.30$6,653
Sep 202501,88862.743.08$5,809
Aug 202501,87963.933.01$5,665
Jul 202502,05566.743.32$6,813
Jun 202501,95266.483.13$6,107
May 202502,67760.553.23$8,653
Apr 202502,14362.363.54$7,593
Mar 202503,20267.704.27$13,667
Feb 2025085970.884.34$3,729
Jan 202502,29074.324.28$9,798
Dec 202402,63668.993.12$8,228
Nov 202403,18669.052.20$7,004
Oct 202403,33071.372.28$7,597
Sep 202403,26269.612.36$7,713
Aug 202403,35675.632.06$6,926
Jul 202403,56279.932.15$7,646
Jun 202402,89278.082.63$7,617
May 202402,94478.812.20$6,472
Apr 202403,22084.451.66$5,343
Mar 202403,17880.301.55$4,910
Feb 202402,29876.091.78$4,099
Jan 202403,30473.023.30$10,895
Dec 202303,46771.262.61$9,051
Nov 202302,96277.892.81$8,316
Oct 202302,30985.443.09$7,129
Sep 202303,25089.042.74$8,889
Aug 202303,51580.522.67$9,395
Jul 202303,67174.852.64$9,698
Jun 202303,34068.962.26$7,543
May 202303,19970.622.23$7,125
Apr 202303,63578.122.24$8,134
Mar 202304,43872.852.39$10,621
Feb 202313,77075.112.47$9,371
Jan 202304,34976.533.39$14,733
Dec 202204,07076.415.73$23,317
Nov 202203,50585.005.65$19,790
Oct 202203,53287.185.86$20,711
Sep 202202,93684.888.16$23,969
Aug 202203,28394.529.13$29,964
Jul 202203,929101.587.54$29,633
Jun 202203,611115.097.98$28,806
May 202203,696109.378.43$31,169
Apr 202213,760104.226.84$25,814
Mar 202203,178108.885.08$16,133
Feb 202203,53191.054.86$17,157
Jan 202203,88781.844.54$17,638
Dec 202113,74171.323.90$14,658
Nov 202103,52877.435.24$18,476
Oct 202103,71279.795.71$21,210
Sep 202103,79369.865.35$20,296
Aug 202103,98566.024.22$16,819
Jul 202104,00670.783.98$15,952
Jun 202104,07669.493.38$13,779
May 202103,87063.483.02$11,678
Apr 202103,74160.362.76$10,319
Mar 202103,96761.302.72$10,778
Feb 202103,37757.805.55$18,735
Jan 202104,06350.412.81$11,418
Dec 202004,34044.642.68$11,612
Nov 202003,75338.772.71$10,158
Oct 202003,57036.972.48$8,848
Sep 202003,66837.091.99$7,303
Aug 202004,09239.982.39$9,760
Jul 202004,18438.371.83$7,636
Jun 202004,08134.901.69$6,898
May 202004,23816.921.81$7,691
Apr 202004,08414.751.80$7,369
Mar 202004,25430.341.86$7,896
Feb 202004,16549.881.98$8,249
Jan 202004,43757.252.09$9,294
Dec 201904,46459.012.30$10,287
Nov 201904,29755.302.75$11,820
Oct 201904,47353.472.42$10,818
Sep 201904,37155.052.66$11,615
Aug 201904,77953.112.30$11,013
Jul 201904,58056.272.46$11,267
Jun 201904,19652.782.49$10,453
May 201904,57558.482.74$12,537
Apr 201904,31262.632.75$11,861
Mar 201904,77356.803.06$14,615
Feb 201904,39950.852.79$12,283
Jan 201904,44646.033.23$14,352
Dec 201804,86346.594.19$20,354
Nov 201804,81852.934.24$20,415
Oct 201805,01261.443.40$17,031
Sep 201804,79859.543.11$14,912
Aug 201805,07759.403.07$15,569
Jul 201805,17065.142.93$15,158
Jun 201805,33160.183.08$16,403
May 201805,14665.382.90$14,928
Apr 201805,12763.842.90$14,872
Mar 201805,43461.222.79$15,144
Feb 201805,09561.782.77$14,093
Jan 201805,48162.874.01$21,975
Dec 201704,82457.272.92$14,093
Nov 201702,85955.423.12$8,915
Oct 201703,05349.292.98$9,109
Sep 201703,95947.523.09$12,223
Aug 201703,28345.373.00$9,863
Jul 201703,75843.873.09$11,602
Jun 201703,83042.493.09$11,824
May 201704,94245.373.26$16,128
Apr 201705,24547.933.21$16,845
Mar 201705,59046.772.98$16,679
Feb 201705,00050.452.95$14,763
Jan 201705,44949.413.42$18,629
Dec 201605,45348.763.72$20,301
Nov 201605,71342.492.64$15,107
Oct 201605,19346.193.09$16,048
Sep 201604,94541.553.10$15,333
Aug 201605,94441.442.92$17,382
Jul 201605,82341.622.92$17,028
Jun 201605,15045.352.69$13,832
May 201605,78042.521.99$11,508
Apr 201605,28936.561.99$10,531
Mar 201605,80833.011.79$10,420
Feb 201605,41026.472.06$11,164
Jan 201605,87027.352.36$13,879
Dec 201506,40032.362.00$12,809
Nov 201507,19938.792.17$15,603
Oct 201507,81743.552.43$18,969
Sep 201506,75442.992.76$18,630
Aug 201507,88040.162.87$22,635
Jul 201508,05448.152.95$23,720
Jun 201509,70856.152.88$27,987
May 201505,79155.212.96$17,115
Apr 201505,31449.822.71$14,383
Mar 201505,90642.892.93$17,332
Feb 201505,23244.662.98$15,571
Jan 201505,93443.433.10$18,399
Dec 201405,49454.693.59$19,731
Nov 201405,47670.464.25$23,283
Oct 201407,19478.303.90$28,064
Sep 201406,19886.164.05$25,074
Aug 201405,31289.394.04$21,435
Jul 201408,09096.564.18$33,813
Jun 201408,67298.164.74$41,078
May 201406,76794.734.73$31,985
Apr 201408,50795.944.81$40,911
Mar 201407,55395.895.06$38,194
Feb 201406,48497.406.19$40,149
Jan 201408,17090.404.86$39,712
Dec 201308,48891.824.35$36,961
Nov 201308,37588.853.74$31,308
Oct 201308,68997.423.78$32,839
Sep 201307,097104.113.72$26,385
Aug 201309,223104.253.52$32,489
Jul 201318,994102.523.72$33,540
Jun 201306,62894.403.93$26,071
May 201318,73294.834.15$36,325
Apr 201308,24593.964.28$35,310
Mar 201327,36193.623.91$28,990
Feb 201307,72191.233.42$26,405
Jan 2013110,03791.603.42$34,417
Dec 2012110,15786.773.42$34,825
Nov 2012110,39286.953.62$37,758
Oct 2012010,92489.383.40$37,138
Sep 2012011,07394.672.92$32,315
Aug 2012011,20292.662.91$32,577
Jul 2012111,72485.133.02$35,501
Jun 2012011,66579.822.52$29,385
May 2012012,08791.612.49$30,076
Apr 2012012,411101.652.00$24,782
Mar 2012012,561105.052.22$27,912
Feb 2012011,925101.102.57$30,650
Jan 2012016,42498.092.73$44,905
Dec 2011017,07896.873.24$55,328
Nov 2011013,76395.723.31$45,573
Oct 2011012,56684.983.65$45,848
Sep 2011011,04983.623.99$44,039
Aug 2011214,26583.404.15$59,357
Jul 2011012,69394.144.52$57,337
Jun 2011012,78092.904.64$59,298
May 2011013,43098.134.40$59,157
Apr 2011014,807105.964.33$64,163
Mar 2011016,98596.364.06$68,914
Feb 2011012,96885.644.18$54,206
Jan 2011018,29986.504.59$83,970
Dec 2010016,10885.734.35$70,034
Nov 2010018,81380.843.80$71,402
Oct 2010019,61478.103.51$68,823
Sep 2010019,92872.633.98$79,303
Aug 2010017,77773.684.42$78,563
Jul 2010020,43272.554.74$96,776
Jun 2010021,77370.364.91$106,914
May 2010022,26371.124.24$94,289
Apr 2010023,46381.694.12$96,731
Mar 2010025,30278.394.39$111,042
Feb 2010021,31973.585.44$116,026
Jan 2010035,39274.365.96$211,081
Dec 2009036,84671.445.48$202,054
Nov 2009042,20174.593.75$158,317
Oct 2009044,34272.544.11$182,257
Sep 2009053,53665.543.06$164,074
Aug 2009052,66467.423.22$169,499
Jul 2009073,49961.133.46$254,637
Jun 2009086,67266.163.90$337,587
May 20090115,59154.743.93$453,781
Apr 20090161,62546.773.59$579,830
Mar 20090320,54642.144.06$1,301,096
Feb 200914134,92132.814.63$625,548

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                1,874 Mcf  × $  3.05 =     $5,708

────────────────────────────────────────────────────
Month total                                   $5,708

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/246965 is the state's own key, not one this site invented.