PRISON FARM

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 258144District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.9 M
Apr 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
194
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 Gas112011-03-16201546
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
CondensateDisposition60,522 bbl$4,581,192
GasProduction592,255 Mcf$2,277,825
Total$6,859,017

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 30.5040, -96.3695. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50398, -96.36945 · 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
14,550 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 14,550 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-051336561H14,550 ftApr 2010

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 (194)

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

194 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023174074.852.64$13,024
Jun 20232068.962.26$138
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023017772.852.39$424
Feb 20231915675.112.47$14,484
Jan 20231076.533.39$77
Dec 2022164376.415.73$3,760
Nov 202218774685.005.65$20,107
Oct 2022126587.185.86$1,641
Sep 20221931,26184.888.16$26,676
Aug 20221781,64394.529.13$31,820
Jul 20221901,082101.587.54$27,461
Jun 2022179146115.097.98$21,766
May 20220617109.378.43$5,203
Apr 2022223636104.226.84$27,590
Mar 20221767108.885.08$19,198
Feb 20220091.054.86$0
Jan 2022112481.844.54$645
Dec 20210071.323.90$0
Nov 202119210077.435.24$15,390
Oct 20211912,80679.795.71$31,273
Sep 202101,16469.865.35$6,228
Aug 202119576666.024.22$16,107
Jul 2021073170.783.98$2,911
Jun 202118587069.493.38$15,797
May 202118874163.483.02$14,170
Apr 202119173060.362.76$13,542
Mar 20211761,32761.302.72$14,394
Feb 202101,07357.805.55$5,953
Jan 20211941,54850.412.81$14,130
Dec 20201851,60544.642.68$12,553
Nov 20201891,63438.772.71$11,750
Oct 20201841,07836.972.48$9,474
Sep 20201801,18537.091.99$9,036
Aug 20203801,66539.982.39$19,164
Jul 20201751,55738.371.83$9,556
Jun 20201821,39534.901.69$8,710
May 20201711,78916.921.81$6,140
Apr 20203641,47214.751.80$8,025
Mar 20201691,37130.341.86$7,672
Feb 20201721,57149.881.98$11,691
Jan 20201741,19157.252.09$12,456
Dec 20191801,40859.012.30$13,866
Nov 20191861,06655.302.75$13,218
Oct 2019259553.472.42$1,546
Sep 201917862755.052.66$11,465
Aug 201917298553.112.30$11,405
Jul 2019976156.272.46$2,379
Jun 20191721,15152.782.49$11,946
May 201918364858.482.74$12,478
Apr 2019269962.632.75$2,048
Mar 20191831,64856.803.06$15,441
Feb 20191827850.852.79$9,472
Jan 201918836946.033.23$9,845
Dec 2018017846.594.19$745
Nov 201818353252.934.24$11,940
Oct 201818445261.443.40$12,841
Sep 2018275659.543.11$2,469
Aug 201817790259.403.07$13,280
Jul 201818382865.142.93$14,348
Jun 201818168460.183.08$12,997
May 201818048965.382.90$13,187
Apr 201817828863.842.90$12,199
Mar 201818127361.222.79$11,842
Feb 201818247761.782.77$12,563
Jan 2018457562.874.01$2,557
Dec 201718171657.272.92$12,458
Nov 201718291755.423.12$12,946
Oct 20171781,00449.292.98$11,769
Sep 201717998247.523.09$11,538
Aug 201717891145.373.00$10,813
Jul 20171711,09543.873.09$10,882
Jun 20171751,18242.493.09$11,085
May 201718270545.373.26$10,558
Apr 20171771,43347.933.21$13,086
Mar 20171771,63546.772.98$13,157
Feb 20171791,25250.452.95$12,727
Jan 20171801,74849.413.42$14,870
Dec 20163641,24048.763.72$22,365
Nov 201641,80542.492.64$4,943
Oct 20161842,42146.193.09$15,980
Sep 20161811,44141.553.10$11,989
Aug 20163453,51041.442.92$24,561
Jul 20161763,67541.622.92$18,072
Jun 20163553,66345.352.69$25,937
May 20161772,37042.521.99$12,245
Apr 20163641,31236.561.99$15,920
Mar 20161811,62533.011.79$8,890
Feb 20161811,67226.472.06$8,241
Jan 20163571,90727.352.36$14,273
Dec 20151732,75032.362.00$11,102
Nov 20153582,47238.792.17$19,244
Oct 20153471,90943.552.43$19,744
Sep 20151732,62942.992.76$14,689
Aug 20151762,09040.162.87$13,072
Jul 20151932,27448.152.95$15,990
Jun 20151992,00056.152.88$16,940
May 20153552,16955.212.96$26,010
Apr 2015482349.822.71$2,427
Mar 20153731,28342.892.93$19,763
Feb 20151841,87544.662.98$13,798
Jan 20151801,53743.433.10$12,583
Dec 201471,84054.693.59$6,991
Nov 201441,21370.464.25$5,439
Oct 20143642,50278.303.90$38,261
Sep 20141772,51486.164.05$25,421
Aug 20141852,18689.394.04$25,358
Jul 20145442,45996.564.18$62,806
Jun 201412,45398.164.74$11,718
May 20143722,93394.734.73$49,103
Apr 20141892,00995.944.81$27,794
Mar 20143802,29995.895.06$48,064
Feb 20141932,64497.406.19$35,170
Jan 20143802,31290.404.86$45,590
Dec 20131873,92491.824.35$34,257
Nov 20133702,79188.853.74$43,308
Oct 20135534,45997.423.78$70,725
Sep 20131802,752104.113.72$28,971
Aug 2013190810104.253.52$22,661
Jul 20133654,100102.523.72$52,663
Jun 20133714,13794.403.93$51,295
May 20133673,48194.834.15$49,246
Apr 20131782,70993.964.28$28,326
Mar 20133653,99793.623.91$49,811
Feb 20131834,30591.233.42$31,418
Jan 20133714,81291.603.42$50,440
Dec 20125614,43986.773.42$63,860
Nov 20123704,86486.953.62$49,803
Oct 20125615,62489.383.40$69,262
Sep 20125666,71694.672.92$73,183
Aug 20123732,98392.662.91$43,237
Jul 20123693,21485.133.02$41,122
Jun 20125596,11679.822.52$60,026
May 20125556,73391.612.49$67,597
Apr 20125606,910101.652.00$70,722
Mar 20125576,138105.052.22$72,152
Feb 20125476,483101.102.57$71,965
Jan 20127327,48498.092.73$92,264
Dec 20115587,98096.873.24$79,907
Nov 20115386,95695.723.31$74,531
Oct 20117398,52984.983.65$93,919
Sep 20119238,85483.623.99$112,472
Aug 20119329,75483.404.15$118,201
Jul 20111,12810,82494.144.52$155,085
Jun 201173610,73092.904.64$118,160
May 201192812,45398.134.40$145,918
Apr 20111,12813,360105.964.33$177,416
Mar 20111,29414,18496.364.06$182,239
Feb 20111,30413,39285.644.18$167,653
Jan 20111,11413,80486.504.59$159,705
Dec 20101,65317,34485.734.35$217,119
Nov 20101,84918,18980.843.80$218,506
Oct 20102,00320,89278.103.51$229,742
Sep 20102,39723,35872.633.98$267,047
Aug 20102,73026,62773.684.42$318,821
Jul 20102,80929,94872.554.74$345,641
Jun 20103,06738,66970.364.91$405,674
May 20103,17729,73871.124.24$351,895
Apr 201002,05281.694.12$8,460

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.

Jul 2023 — as filed, then multipliedworked
Condensate           174 bbl  × $ 74.85 =    $13,024
Gas                    0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                  $13,024

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/258144 is the state's own key, not one this site invented.