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PIETSCH-ZINGELMANN UNIT

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

Gas lease lease 284224District 03Field 34773550CondensateGasSaveExport
Value, all time
$399 k
Feb 2018 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
100
no gaps in the span
Streams
2
condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) field

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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: “AMENDED DRILLING PERMITS, NOTICE, OR HEARING.”

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
CondensateDisposition4,307 bbl$320,686
GasProduction23,677 Mcf$77,956
Total$398,643

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 30.0422, -96.8484. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.04217, -96.84843 · 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
7,469 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 7,469 ft.

Completions filed
Apr 1992
1 of 1 wells

1 well

42-1493259117,469 ftApr 1992——

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 (100)

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

100 months

May 2026023106.413.05$70
Apr 202609798.932.87$278
Mar 202602489.753.15$76
Feb 2026185063.503.75$11,748
Jan 20260459.138.00$32
Dec 20250956.664.41$40
Nov 20251253358.593.93$7,453
Oct 2025028659.383.30$945
Sep 2025945462.743.08$6,064
Aug 20251062863.933.01$6,861
Jul 2025016866.743.32$557
Jun 2025014266.483.13$444
May 2025016760.553.23$540
Apr 202518823462.363.54$12,553
Mar 2025010667.704.27$452
Feb 202518710470.884.34$13,706
Jan 2025159174.324.28$2,603
Dec 202418946068.993.12$14,475
Nov 2024025269.052.20$554
Oct 202418258271.372.28$14,317
Sep 2024157769.612.36$1,434
Aug 2024018975.632.06$390
Jul 202408679.932.15$185
Jun 2024043578.082.63$1,146
May 2024115978.812.20$428
Apr 202419811684.451.66$16,914
Mar 2024019080.301.55$294
Feb 2024010176.091.78$180
Jan 202418619973.023.30$14,238
Dec 2023026371.262.61$687
Nov 2023016777.892.81$469
Oct 2023028185.443.09$868
Sep 202319036489.042.74$17,913
Aug 2023044480.522.67$1,187
Jul 2023043274.852.64$1,141
Jun 202320547568.962.26$15,210
May 202320130370.622.23$14,870
Apr 2023052578.122.24$1,175
Mar 2023068272.852.39$1,632
Feb 202319348575.112.47$15,692
Jan 20231391,16976.533.39$14,598
Dec 202227166876.415.73$24,534
Nov 20225461,67785.005.65$55,879
Oct 20225571,56187.185.86$57,713
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
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 202039036.972.48$1,442
Sep 202006937.091.99$137
Aug 2020012739.982.39$303
Jul 2020011638.371.83$212
Jun 2020011634.901.69$196
May 2020014316.921.81$260
Apr 2020014614.751.80$263
Mar 2020014730.341.86$273
Feb 2020016949.881.98$335
Jan 2020031957.252.09$668
Dec 20198927059.012.30$5,874
Nov 2019028455.302.75$781
Oct 2019031453.472.42$759
Sep 2019031755.052.66$842
Aug 2019029753.112.30$684
Jul 2019038056.272.46$935
Jun 2019041252.782.49$1,026
May 2019056058.482.74$1,535
Apr 201923435562.632.75$15,632
Mar 2019071056.803.06$2,174
Feb 2019073250.852.79$2,044
Jan 2019096646.033.23$3,118
Dec 2018078246.594.19$3,273
Nov 2018010652.934.24$449
Oct 2018017361.443.40$588
Sep 2018017059.543.11$528
Aug 2018017959.403.07$549
Jul 2018020365.142.93$595
Jun 2018020360.183.08$625
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0

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                   23 Mcf  × $  3.05 =        $70

────────────────────────────────────────────────────
Month total                                      $70

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/284224 is the state's own key, not one this site invented.