MineralRecord
Log inSign up

NEVA 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 283561District 03Field 34733500CondensateGasSave
Value, all time
$50.0 M
Sep 2017 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
105
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition356,455 bbl$22,477,257
GasProduction8,257,647 Mcf$27,517,933
Total$49,995,190

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 30.2007, -96.6956. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.20066, -96.69557 · 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
10,843 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 10,843 ft.

Completions filed
Sep 2017
1 of 1 wells

1 well

42-47731028210,843 ftSep 2017——

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 (105)

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

105 months

May 20261,09929,673106.413.05$207,324
Apr 20261,26732,81698.932.87$219,517
Mar 20261,44938,23989.753.15$250,479
Feb 20261,60835,26263.503.75$234,352
Jan 20262,32541,99459.138.00$473,342
Dec 20251,09022,59456.664.41$161,475
Nov 20251058.593.93$59
Oct 202572123,63859.383.30$120,933
Sep 20251,10137,22562.743.08$183,615
Aug 20251,26739,30663.933.01$199,497
Jul 20251,08740,25266.743.32$205,990
Jun 20251,08438,98566.483.13$194,037
May 20251,45441,33760.553.23$221,654
Apr 20251,30648,44062.363.54$253,071
Mar 202554923,80967.704.27$138,792
Feb 20251,27536,17370.884.34$247,393
Jan 20251,21840,48574.324.28$263,744
Dec 20241,46441,01468.993.12$229,021
Nov 20241,19740,07769.052.20$170,760
Oct 20241,43041,48271.372.28$196,696
Sep 20241,45541,04469.612.36$198,325
Aug 20241,27243,13375.632.06$185,212
Jul 20241,45343,66879.932.15$209,876
Jun 20241,27241,61078.082.63$208,918
May 20241,63543,64578.812.20$224,805
Apr 20241,46941,19184.451.66$192,401
Mar 20241,64445,83380.301.55$202,831
Feb 20241,27237,60176.091.78$163,853
Jan 20241,44741,99473.023.30$244,142
Dec 20231,78949,91171.262.61$257,788
Nov 20231,62857,86677.892.81$289,267
Oct 202337214,78885.443.09$77,438
Sep 20231,27235,68989.042.74$210,870
Aug 20231,60752,06280.522.67$268,551
Jul 20231,94553,27174.852.64$286,315
Jun 20231,63652,92668.962.26$232,351
May 20231,82355,00670.622.23$251,261
Apr 20231,84053,68178.122.24$263,866
Mar 20232,02456,34372.852.39$282,286
Feb 20231,85752,31175.112.47$268,461
Jan 20232,01159,07576.533.39$354,031
Dec 20222,03955,91876.415.73$476,159
Nov 20221,87156,76485.005.65$479,536
Oct 20222,03959,95687.185.86$529,328
Sep 20222,21158,79884.888.16$667,678
Aug 20222,22661,85594.529.13$774,962
Jul 20221,99763,523101.587.54$681,951
Jun 20222,30063,793115.097.98$773,597
May 20222,17066,387109.378.43$797,177
Apr 20222,65366,321104.226.84$729,972
Mar 20223,04744,422108.885.08$557,261
Feb 20222,36661,40291.054.86$513,767
Jan 20223,17269,93881.844.54$576,953
Dec 20211,63443,49371.323.90$286,121
Nov 20213,41974,91677.435.24$657,057
Oct 20214,59686,55479.795.71$861,273
Sep 20215,00588,98669.865.35$825,806
Aug 20215,95494,93966.024.22$793,782
Jul 20214,33461,35570.783.98$551,081
Jun 20212,20864,26669.493.38$370,693
May 20211,97666,47463.483.02$326,033
Apr 20212,36270,22260.362.76$336,272
Mar 20212,52273,56661.302.72$354,473
Feb 20211,81756,35657.805.55$417,683
Jan 20212,51081,29850.412.81$354,998
Dec 20202,692105,53544.642.68$402,526
Nov 202002,72138.772.71$7,365
Oct 20202,06468,23736.972.48$245,427
Sep 20202,10874,10337.091.99$225,728
Aug 20202,17578,48039.982.39$274,139
Jul 20202,27880,37638.371.83$234,103
Jun 20202,25679,24534.901.69$212,683
May 20202,62084,14416.921.81$197,031
Apr 20202,32083,60514.751.80$185,075
Mar 20202,87886,84330.341.86$248,519
Feb 20202,11784,65649.881.98$273,272
Jan 20202,65493,81357.252.09$348,455
Dec 20192,64495,32159.012.30$375,676
Nov 20192,97595,96555.302.75$428,488
Oct 20192,841101,73753.472.42$397,963
Sep 20192,653101,24255.052.66$415,076
Aug 20192,976107,68853.112.30$406,207
Jul 20193,337112,54556.272.46$464,640
Jun 20193,364112,71052.782.49$458,335
May 20193,977121,12458.482.74$564,493
Apr 20193,669125,37362.632.75$574,653
Mar 20193,258107,06056.803.06$512,883
Feb 20193,835116,67950.852.79$520,803
Jan 20194,418138,41046.033.23$650,173
Dec 20184,371147,60146.594.19$821,420
Nov 20184,760153,30452.934.24$901,533
Oct 20185,161177,77561.443.40$921,186
Sep 20185,237177,47059.543.11$863,388
Aug 201810,040182,50259.403.07$1,156,029
Jul 201811,607195,81165.142.93$1,330,174
Jun 201811,930203,94660.183.08$1,345,473
May 201812,193220,98965.382.90$1,438,223
Apr 201814,716111,04563.842.90$1,261,589
Mar 201812,034161,46661.222.79$1,186,701
Feb 201811,565151,83161.782.77$1,134,468
Jan 201811,901157,31962.874.01$1,378,958
Dec 201717,639236,18757.272.92$1,700,211
Nov 201715,681232,61255.423.12$1,594,409
Oct 201714,820189,28649.292.98$1,295,247
Sep 20173,54843,94047.523.09$304,256

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         1,099 bbl  × $106.41 =   $116,945
Gas               29,673 Mcf  × $  3.05 =    $90,379

────────────────────────────────────────────────────
Month total                                 $207,324

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/283561 is the state's own key, not one this site invented.