RUTH UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the BIG -A- TAYLOR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 281048District 03Field 07728600CondensateGasSaveExport
Value, all time
$152 k
Feb 2016 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
124
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 98 leases and 98 wells, and the rule below applies to all of them.

Discovered
1981-09-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1983-12-19.

The Commission's schedule remark for this field reads: SUSPENDED (EFF 5-1-98) AND FIELD BALANCED EFF 6-1-98.

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
CondensateDisposition191 bbl$10,137
GasProduction43,761 Mcf$142,253
Total$152,390

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 30.3488, -96.6188. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.34883, -96.61880 · 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
9,515 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 9,515 ft.

Completions filed
Feb 2016
1 of 1 wells

1 well

42-0513182719,515 ftFeb 2016

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 (124)

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

124 months

May 20260263106.413.05$801
Apr 2026030098.932.87$861
Mar 2026033289.753.15$1,046
Feb 2026031463.503.75$1,178
Jan 2026032559.138.00$2,599
Dec 2025034256.664.41$1,509
Nov 2025033058.593.93$1,296
Oct 2025032759.383.30$1,081
Sep 2025033062.743.08$1,015
Aug 2025020663.933.01$621
Jul 2025033766.743.32$1,117
Jun 2025033366.483.13$1,042
May 2025036360.553.23$1,173
Apr 2025037462.363.54$1,325
Mar 2025042367.704.27$1,806
Feb 2025038370.884.34$1,663
Jan 20250074.324.28$0
Dec 2024019668.993.12$612
Nov 2024039169.052.20$860
Oct 2024042771.372.28$974
Sep 2024039269.612.36$927
Aug 2024047175.632.06$972
Jul 2024034079.932.15$730
Jun 2024050378.082.63$1,325
May 2024053378.812.20$1,172
Apr 2024014984.451.66$247
Mar 2024062080.301.55$958
Feb 202407976.091.78$141
Jan 2024016973.023.30$557
Dec 2023017171.262.61$446
Nov 2023018877.892.81$528
Oct 2023017185.443.09$528
Sep 2023021689.042.74$591
Aug 2023015680.522.67$417
Jul 2023019474.852.64$513
Jun 2023017168.962.26$386
May 2023021870.622.23$486
Apr 2023021878.122.24$488
Mar 2023023772.852.39$567
Feb 2023021975.112.47$540
Jan 2023024176.533.39$816
Dec 2022028176.415.73$1,610
Nov 2022022485.005.65$1,265
Oct 2022025187.185.86$1,472
Sep 2022024584.888.16$2,000
Aug 2022029894.529.13$2,720
Jul 20220310101.587.54$2,338
Jun 20220314115.097.98$2,505
May 20220348109.378.43$2,935
Apr 20220368104.226.84$2,516
Mar 20221294108.885.08$1,601
Feb 2022022591.054.86$1,093
Jan 2022026881.844.54$1,216
Dec 2021028371.323.90$1,103
Nov 2021023877.435.24$1,246
Oct 2021026379.795.71$1,503
Sep 2021025869.865.35$1,381
Aug 2021026666.024.22$1,123
Jul 2021029470.783.98$1,171
Jun 2021027469.493.38$926
May 2021031563.483.02$951
Apr 2021027760.362.76$764
Mar 2021036761.302.72$997
Feb 2021021757.805.55$1,204
Jan 2021035950.412.81$1,009
Dec 2020036444.642.68$974
Nov 2020030838.772.71$834
Oct 2020029936.972.48$741
Sep 2020033437.091.99$665
Aug 2020032139.982.39$766
Jul 2020034438.371.83$628
Jun 2020033834.901.69$571
May 2020034916.921.81$633
Apr 2020033314.751.80$601
Mar 2020038130.341.86$707
Feb 2020032649.881.98$646
Jan 2020038457.252.09$804
Dec 2019041559.012.30$956
Nov 2019039855.302.75$1,095
Oct 2019043753.472.42$1,057
Sep 2019040155.052.66$1,066
Aug 2019042253.112.30$972
Jul 2019041956.272.46$1,031
Jun 201919041452.782.49$11,060
May 2019026358.482.74$721
Apr 2019049162.632.75$1,351
Mar 2019045056.803.06$1,378
Feb 2019041850.852.79$1,167
Jan 2019047146.033.23$1,520
Dec 2018045546.594.19$1,904
Nov 2018043152.934.24$1,826
Oct 2018044061.443.40$1,495
Sep 2018042059.543.11$1,305
Aug 2018045859.403.07$1,404
Jul 2018049665.142.93$1,454
Jun 2018048560.183.08$1,492
May 2018043365.382.90$1,256
Apr 2018044563.842.90$1,291
Mar 2018047961.222.79$1,335
Feb 2018045161.782.77$1,248
Jan 2018045762.874.01$1,832
Dec 2017047257.272.92$1,379
Nov 2017046755.423.12$1,456
Oct 2017052849.292.98$1,575
Sep 2017034847.523.09$1,074
Aug 2017047045.373.00$1,412
Jul 2017029843.873.09$920
Jun 2017032642.493.09$1,006
May 2017035745.373.26$1,165
Apr 2017037547.933.21$1,204
Mar 2017042146.772.98$1,256
Feb 2017037950.452.95$1,119
Jan 2017049749.413.42$1,699
Dec 2016048648.763.72$1,809
Nov 2016048142.492.64$1,272
Oct 2016054046.193.09$1,669
Sep 2016056141.553.10$1,739
Aug 2016059041.442.92$1,725
Jul 2016059741.622.92$1,746
Jun 2016057845.352.69$1,552
May 2016058742.521.99$1,169
Apr 2016044636.561.99$888
Mar 2016041133.011.79$737
Feb 2016022726.472.06$468

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                  263 Mcf  × $  3.05 =       $801

────────────────────────────────────────────────────
Month total                                     $801

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/281048 is the state's own key, not one this site invented.