HOKE-COLE 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 250528District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.3 M
Apr 2009 – May 2026
Value, last 12 filed months
$109 k
at the published price for each month
Months reported
206
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 Gas112010-01-28192614
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
CondensateDisposition10,654 bbl$770,794
GasProduction2,784,740 Mcf$10,486,030
Total$11,256,824

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 30.5638, -95.8350. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.56377, -95.83498 · 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
14,175 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 14,175 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-185307361H14,175 ftApr 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 (206)

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

206 months

May 202602,471106.413.05$7,526
Apr 202602,53098.932.87$7,260
Mar 202602,81189.753.15$8,853
Feb 202602,37863.503.75$8,918
Jan 202612,79559.138.00$22,413
Dec 202521,87256.664.41$8,375
Nov 202503,13458.593.93$12,305
Oct 202503,10159.383.30$10,248
Sep 202502,03562.743.08$6,262
Aug 202501,60763.933.01$4,845
Jul 202512,31766.743.32$7,748
Jun 202501,30566.483.13$4,083
May 202503,05560.553.23$9,875
Apr 202501,68262.363.54$5,960
Mar 202504,33867.704.27$18,516
Feb 202501,05470.884.34$4,575
Jan 202502,28974.324.28$9,794
Dec 202401,70968.993.12$5,334
Nov 202402,66869.052.20$5,865
Oct 202403,59171.372.28$8,193
Sep 202406,57969.612.36$15,555
Aug 202413,94675.632.06$8,219
Jul 20241474,06079.932.15$20,465
Jun 202407,94678.082.63$20,930
May 202416,21178.812.20$13,733
Apr 202409,26484.451.66$15,371
Mar 202403,76480.301.55$5,816
Feb 202402,74576.091.78$4,896
Jan 202403,13773.023.30$10,345
Dec 202303,77471.262.61$9,853
Nov 202302,90477.892.81$8,153
Oct 202303,21385.443.09$9,919
Sep 202302,85389.042.74$7,803
Aug 202303,05280.522.67$8,158
Jul 202312,90274.852.64$7,741
Jun 202302,85168.962.26$6,439
May 202302,90270.622.23$6,464
Apr 202303,36178.122.24$7,521
Mar 202303,77772.852.39$9,039
Feb 20231892,87075.112.47$21,272
Jan 202303,87976.533.39$13,141
Dec 202203,69976.415.73$21,192
Nov 202203,31585.005.65$18,717
Oct 202204,27687.185.86$25,073
Sep 202203,67784.888.16$30,018
Aug 202204,11094.529.13$37,513
Jul 202204,215101.587.54$31,790
Jun 202203,881115.097.98$30,960
May 202204,369109.378.43$36,844
Apr 202204,158104.226.84$28,431
Mar 202204,037108.885.08$20,493
Feb 202204,06191.054.86$19,732
Jan 202204,70081.844.54$21,327
Dec 202104,97271.323.90$19,386
Nov 202115,40077.435.24$28,356
Oct 202103,86579.795.71$22,084
Sep 202103,62369.865.35$19,386
Aug 202104,58066.024.22$19,330
Jul 202104,69270.783.98$18,684
Jun 202105,65569.493.38$19,117
May 202105,06763.483.02$15,291
Apr 20211795,03960.362.76$24,704
Mar 202104,91661.302.72$13,356
Feb 202105,03457.805.55$27,928
Jan 202106,31750.412.81$17,752
Dec 202006,57344.642.68$17,586
Nov 202007,16838.772.71$19,401
Oct 202006,92536.972.48$17,163
Sep 202008,67837.091.99$17,278
Aug 202018810,45439.982.39$32,450
Jul 2020015,95538.371.83$29,120
Jun 20201935,87834.901.69$16,671
May 202002,12716.921.81$3,860
Apr 202002,41414.751.80$4,356
Mar 202002,23930.341.86$4,156
Feb 202002,45449.881.98$4,861
Jan 202002,62857.252.09$5,505
Dec 201902,81059.012.30$6,475
Nov 201902,25555.302.75$6,203
Oct 201902,78353.472.42$6,731
Sep 201902,43655.052.66$6,473
Aug 201902,92653.112.30$6,743
Jul 201902,98956.272.46$7,353
Jun 201903,05652.782.49$7,613
May 201901,72358.482.74$4,722
Apr 201901,99962.632.75$5,499
Mar 201901,59056.803.06$4,869
Feb 201902,47650.852.79$6,914
Jan 201903,13346.033.23$10,114
Dec 201804,28746.594.19$17,943
Nov 20181344,19152.934.24$24,851
Oct 201801,98961.443.40$6,759
Sep 201802,05759.543.11$6,393
Aug 201801,51059.403.07$4,631
Jul 201801,90465.142.93$5,582
Jun 201802,59460.183.08$7,982
May 201804,21465.382.90$12,224
Apr 201803,83563.842.90$11,125
Mar 201806,80461.222.79$18,962
Feb 201804,68461.782.77$12,957
Jan 201801,35062.874.01$5,413
Dec 201701,13357.272.92$3,310
Nov 201701,38055.423.12$4,303
Oct 201701,63249.292.98$4,869
Sep 201701,92247.523.09$5,934
Aug 201701,42545.373.00$4,281
Jul 201701,83043.873.09$5,650
Jun 201701,53042.493.09$4,724
May 201702,53145.373.26$8,260
Apr 201703,30447.933.21$10,611
Mar 201702,93146.772.98$8,745
Feb 201701,85750.452.95$5,483
Jan 201702,86549.413.42$9,795
Dec 201603,58248.763.72$13,335
Nov 201604,00042.492.64$10,577
Oct 201604,54946.193.09$14,058
Sep 201603,87341.553.10$12,009
Aug 2016011741.442.92$342
Jul 2016804,26441.622.92$15,799
Jun 201606,65545.352.69$17,874
May 201604,15342.521.99$8,269
Apr 201605,89136.561.99$11,729
Mar 201605,95333.011.79$10,680
Feb 201605,76626.472.06$11,899
Jan 20161656,90127.352.36$20,829
Dec 201505,70832.362.00$11,424
Nov 201505,91238.792.17$12,813
Oct 201506,65543.552.43$16,149
Sep 201505,71542.992.76$15,764
Aug 201507,71540.162.87$22,161
Jul 201506,38148.152.95$18,793
Jun 201507,35456.152.88$21,201
May 20151746,21255.212.96$27,966
Apr 201506,73849.822.71$18,237
Mar 201507,80442.892.93$22,902
Feb 201507,77444.662.98$23,137
Jan 201506,63243.433.10$20,563
Dec 201405,90354.693.59$21,200
Nov 20141795,59770.464.25$36,410
Oct 201408,53478.303.90$33,291
Sep 201408,24886.164.05$33,367
Aug 201405,70489.394.04$23,016
Jul 201407,43596.564.18$31,075
Jun 201406,56398.164.74$31,088
May 20141618,14794.734.73$53,759
Apr 201406,98495.944.81$33,587
Mar 201408,11295.895.06$41,021
Feb 201408,38797.406.19$51,932
Jan 201409,82390.404.86$47,747
Dec 201319011,35791.824.35$66,900
Nov 2013010,47388.853.74$39,151
Oct 2013011,02297.423.78$41,656
Sep 2013113,642104.113.72$50,822
Aug 2013011,732104.253.52$41,327
Jul 20131709,333102.523.72$52,126
Jun 201308,20194.403.93$32,258
May 201309,45594.834.15$39,230
Apr 201319,93093.964.28$42,620
Mar 20131918,01193.623.91$49,227
Feb 201307,38291.233.42$25,246
Jan 2013111,09091.603.42$38,018
Dec 2012111,76886.773.42$40,335
Nov 2012112,58186.953.62$45,693
Oct 201218012,72589.383.40$59,349
Sep 2012013,64194.672.92$39,810
Aug 2012014,25792.662.91$41,462
Jul 201218215,10285.133.02$61,114
Jun 2012114,96379.822.52$37,772
May 2012015,93991.612.49$39,661
Apr 201218616,303101.652.00$51,461
Mar 2012118,018105.052.22$40,142
Feb 201218018,923101.102.57$66,835
Jan 2012320,67298.092.73$56,813
Dec 201118922,84296.873.24$92,311
Nov 2011522,82095.723.31$76,042
Oct 2011517,15484.983.65$63,012
Sep 201117814,00983.623.99$70,721
Aug 2011318,25083.404.15$75,975
Jul 2011018,08594.144.52$81,694
Jun 201118217,23892.904.64$96,890
May 2011018,50098.134.40$81,489
Apr 2011121,412105.964.33$92,890
Mar 201116625,57796.364.06$119,770
Feb 2011015,18485.644.18$63,469
Jan 201118120,22886.504.59$108,478
Dec 201018919,24685.734.35$99,880
Nov 2010119,81880.843.80$75,297
Oct 201018521,75278.103.51$90,774
Sep 201018224,17672.633.98$109,426
Aug 2010123,36673.684.42$103,336
Jul 201017927,40372.554.74$142,780
Jun 201017530,58270.364.91$162,483
May 201018533,66471.124.24$155,732
Apr 201018438,68881.694.12$174,530
Mar 201035543,11778.394.39$217,055
Feb 201018642,63473.585.44$245,715
Jan 201036451,32774.365.96$333,186
Dec 200935856,69271.445.48$336,460
Nov 200920464,27474.593.75$256,340
Oct 200953378,81372.544.11$362,605
Sep 200954289,58765.543.06$310,084
Aug 2009546111,93667.423.22$397,077
Jul 2009902153,23461.133.46$586,018
Jun 20091,155218,39966.163.90$927,079
May 2009145364,43154.743.93$1,438,602
Apr 20098798,22346.773.59$356,444

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                2,471 Mcf  × $  3.05 =     $7,526

────────────────────────────────────────────────────
Month total                                   $7,526

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/250528 is the state's own key, not one this site invented.