PATTERSON 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 249387District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Nov 2008 – May 2026
Value, last 12 filed months
$595
at the published price for each month
Months reported
211
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 Gas112009-09-15194187
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
CondensateDisposition6,603 bbl$469,934
GasProduction1,577,811 Mcf$6,612,531
Total$7,082,464

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 29.9899, -96.6854. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.98990, -96.68544 · 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
12,710 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 12,710 ft.

Completions filed
Oct 2009
1 of 1 wells

1 well

42-149331982RE12,710 ftOct 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 (211)

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

211 months

May 202600106.413.05$0
Apr 202602798.932.87$77
Mar 202602689.753.15$82
Feb 20260063.503.75$0
Jan 202602759.138.00$216
Dec 20250056.664.41$0
Nov 202501158.593.93$43
Oct 202501059.383.30$33
Sep 20250062.743.08$0
Aug 20250863.933.01$24
Jul 20250066.743.32$0
Jun 202503866.483.13$119
May 20250160.553.23$3
Apr 202502762.363.54$96
Mar 202501667.704.27$68
Feb 20250970.884.34$39
Jan 202502674.324.28$111
Dec 202402968.993.12$91
Nov 20240069.052.20$0
Oct 20240971.372.28$21
Sep 202402269.612.36$52
Aug 202403275.632.06$66
Jul 202403179.932.15$67
Jun 202403178.082.63$82
May 202403078.812.20$66
Apr 202403784.451.66$61
Mar 202403080.301.55$46
Feb 202403076.091.78$54
Jan 202404773.023.30$155
Dec 202302471.262.61$63
Nov 202303577.892.81$98
Oct 202304585.443.09$139
Sep 202305189.042.74$139
Aug 202303680.522.67$96
Jul 202306074.852.64$159
Jun 202306068.962.26$136
May 202303470.622.23$76
Apr 202304878.122.24$107
Mar 2023689172.852.39$5,172
Feb 202302975.112.47$72
Jan 202304176.533.39$139
Dec 2022010076.415.73$573
Nov 2022013885.005.65$779
Oct 2022013087.185.86$762
Sep 2022014684.888.16$1,192
Aug 2022023394.529.13$2,127
Jul 20220207101.587.54$1,561
Jun 20220228115.097.98$1,819
May 20220365109.378.43$3,078
Apr 20220280104.226.84$1,915
Mar 20220223108.885.08$1,132
Feb 20220091.054.86$0
Jan 202207981.844.54$358
Dec 20210071.323.90$0
Nov 2021014377.435.24$749
Oct 202106779.795.71$383
Sep 202108569.865.35$455
Aug 20210066.024.22$0
Jul 2021026070.783.98$1,035
Jun 2021028569.493.38$963
May 2021013363.483.02$401
Apr 2021044160.362.76$1,216
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 20200136.972.48$2
Sep 20200537.091.99$10
Aug 202001939.982.39$45
Jul 202001338.371.83$24
Jun 202001334.901.69$22
May 202001416.921.81$25
Apr 202007214.751.80$130
Mar 2020010630.341.86$197
Feb 202006349.881.98$125
Jan 202008457.252.09$176
Dec 20190159.012.30$2
Nov 2019019255.302.75$528
Oct 201904,24453.472.42$10,264
Sep 20191523,89655.052.66$18,720
Aug 201904,06853.112.30$9,374
Jul 201904,21456.272.46$10,367
Jun 201904,15352.782.49$10,346
May 201904,35158.482.74$11,923
Apr 201904,31362.632.75$11,864
Mar 201904,26756.803.06$13,066
Feb 201903,88250.852.79$10,839
Jan 20191704,23446.033.23$21,493
Dec 201804,08246.594.19$17,085
Nov 201804,44752.934.24$18,843
Oct 201804,21261.443.40$14,313
Sep 201804,32659.543.11$13,445
Aug 201804,51359.403.07$13,839
Jul 201804,53765.142.93$13,302
Jun 201804,51960.183.08$13,905
May 20181604,75665.382.90$24,257
Apr 201804,78063.842.90$13,866
Mar 201804,94961.222.79$13,792
Feb 201804,51661.782.77$12,492
Jan 20181965,09762.874.01$32,758
Dec 201705,15957.272.92$15,072
Nov 201705,07355.423.12$15,819
Oct 201705,52849.292.98$16,494
Sep 201705,69647.523.09$17,585
Aug 201706,03245.373.00$18,123
Jul 201707,40643.873.09$22,864
Jun 2017032242.493.09$994
May 201702,27145.373.26$7,411
Apr 201704,31847.933.21$13,868
Mar 201705,13046.772.98$15,306
Feb 2017674,67650.452.95$17,187
Jan 201704,69049.413.42$16,034
Dec 20161945,31948.763.72$29,261
Nov 201605,45542.492.64$14,425
Oct 201605,64746.193.09$17,451
Sep 201605,56341.553.10$17,249
Aug 201605,82841.442.92$17,043
Jul 201605,95241.622.92$17,406
Jun 20161885,98345.352.69$24,595
May 201607,08342.521.99$14,103
Apr 201606,56336.561.99$13,067
Mar 201609,02033.011.79$16,182
Feb 2016077526.472.06$1,599
Jan 20161937,61227.352.36$23,276
Dec 201506,77432.362.00$13,558
Nov 201506,19938.792.17$13,435
Oct 201504,83643.552.43$11,735
Sep 201507,16542.992.76$19,764
Aug 201507,63540.162.87$21,931
Jul 20151797,79448.152.95$31,573
Jun 2015010,28056.152.88$29,636
May 201501,25255.212.96$3,700
Apr 201506,46549.822.71$17,498
Mar 20152017,76242.892.93$31,400
Feb 201507,21944.662.98$21,485
Jan 201508,60143.433.10$26,669
Dec 201408,55354.693.59$30,717
Nov 20141968,50470.464.25$49,968
Oct 201409,24578.303.90$36,064
Sep 201409,38486.164.05$37,962
Aug 2014011,34089.394.04$45,758
Jul 20141975,97496.564.18$43,991
Jun 2014010,21298.164.74$48,373
May 2014011,32994.734.73$53,547
Apr 20141978,70095.944.81$60,740
Mar 2014010,44795.895.06$52,828
Feb 2014010,98897.406.19$68,038
Jan 201418912,93090.404.86$79,935
Dec 2013014,59791.824.35$63,562
Nov 201319015,02788.853.74$73,057
Oct 201302,85097.423.78$10,771
Sep 201307,408104.113.72$27,541
Aug 201307,716104.253.52$27,180
Jul 20131779,329102.523.72$52,829
Jun 2013011,12194.403.93$43,743
May 2013011,96494.834.15$49,640
Apr 201303,00093.964.28$12,848
Mar 201305,05493.623.91$19,776
Feb 201304,51391.233.42$15,434
Jan 20131915,14891.603.42$35,101
Dec 201205,69286.773.42$19,468
Nov 201207,19286.953.62$26,071
Oct 201208,74489.383.40$29,727
Sep 201208,63094.672.92$25,186
Aug 201209,22992.662.91$26,839
Jul 20121779,58985.133.02$44,034
Jun 201209,64379.822.52$24,291
May 2012010,49491.612.49$26,112
Apr 2012011,008101.652.00$21,981
Mar 201217813,308105.052.22$48,270
Feb 201209,155101.102.57$23,531
Jan 201207,68298.092.73$21,003
Dec 201109,84496.873.24$31,892
Nov 201119410,12495.723.31$52,093
Oct 2011010,17884.983.65$37,135
Sep 2011010,72783.623.99$42,756
Aug 2011011,58383.404.15$48,062
Jul 2011011,84994.144.52$53,525
Jun 201119311,67992.904.64$72,119
May 2011012,60398.134.40$55,514
Apr 2011013,262105.964.33$57,468
Mar 201119415,35396.364.06$80,986
Feb 201109,81285.644.18$41,014
Jan 2011013,97386.504.59$64,119
Dec 201020017,01485.734.35$91,119
Nov 2010015,04880.843.80$57,112
Oct 201019415,87278.103.51$70,845
Sep 2010016,91872.633.98$67,325
Aug 2010019,67573.684.42$86,951
Jul 201017521,71072.554.74$115,525
Jun 201019123,40170.364.91$128,347
May 2010027,34571.124.24$115,812
Apr 201019429,12481.694.12$135,917
Mar 2010034,72078.394.39$152,375
Feb 201018636,92573.585.44$214,645
Jan 201019648,90974.365.96$306,272
Dec 200919766,27371.445.48$377,498
Nov 2009389104,74774.593.75$421,974
Oct 2009038,56972.544.11$158,528
Sep 20090065.543.06$0
Aug 200946067.423.22$3,101
Jul 200902,25861.133.46$7,823
Jun 20090066.163.90$0
May 200903,37754.743.93$13,257
Apr 200919611,68346.773.59$51,080
Mar 2009027,48642.144.06$111,566
Feb 200919737,31332.814.63$179,335
Jan 2009057,49235.865.37$308,790
Dec 2008201101,39137.105.98$613,485
Nov 2008043,20255.496.86$296,381

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   27 Mcf  × $  2.87 =        $77

────────────────────────────────────────────────────
Month total                                      $77

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/249387 is the state's own key, not one this site invented.