HARRELL-COLVIN 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 285285District 03Field 34773550CondensateGasSaveExport
Value, all time
$75 k
Sep 2018 – May 2023
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
57
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 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
CondensateDisposition51 bbl$3,701
GasProduction20,300 Mcf$71,313
Total$75,014

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 30.2851, -96.7184. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.28513, -96.71840 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,150 ft
1 wells filed one
Completion to plug
26.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 9,150 ft.

Completions filed
Dec 1996
1 of 1 wells
Plug dates filed
Apr 2023
1 of 1 wells

Last completion to plug: a median of 26.3 years across the 1 well that filed both dates, with the middle half between 26.3 years and 26.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-287317291RE9,150 ftDec 1996Apr 2023Yes

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 (57)

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

57 months

May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 202350172.852.39$3,645
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220184.888.16$8
Aug 2022026294.529.13$2,391
Jul 20220348101.587.54$2,625
Jun 20220337115.097.98$2,688
May 20220404109.378.43$3,407
Apr 20220404104.226.84$2,762
Mar 20220391108.885.08$1,985
Feb 2022035791.054.86$1,735
Jan 2022040181.844.54$1,820
Dec 2021040871.323.90$1,591
Nov 2021040477.435.24$2,116
Oct 2021043379.795.71$2,474
Sep 2021031469.865.35$1,680
Aug 2021022066.024.22$929
Jul 20210070.783.98$0
Jun 2021033869.493.38$1,143
May 2021042363.483.02$1,276
Apr 2021041460.362.76$1,142
Mar 2021042061.302.72$1,141
Feb 2021036957.805.55$2,047
Jan 2021042650.412.81$1,197
Dec 2020042844.642.68$1,145
Nov 2020042438.772.71$1,148
Oct 2020042836.972.48$1,061
Sep 2020041337.091.99$822
Aug 2020042839.982.39$1,021
Jul 2020041838.371.83$763
Jun 2020040734.901.69$688
May 2020042416.921.81$769
Apr 2020043514.751.80$785
Mar 2020043330.341.86$804
Feb 2020040949.881.98$810
Jan 2020044157.252.09$924
Dec 2019045359.012.30$1,044
Nov 2019043355.302.75$1,191
Oct 2019044353.472.42$1,071
Sep 2019043255.052.66$1,148
Aug 2019045853.112.30$1,055
Jul 2019048056.272.46$1,181
Jun 2019047752.782.49$1,188
May 2019148758.482.74$1,393
Apr 2019048462.632.75$1,331
Mar 2019050456.803.06$1,543
Feb 2019042550.852.79$1,187
Jan 2019047346.033.23$1,527
Dec 2018080046.594.19$3,348
Nov 2018047952.934.24$2,030
Oct 2018057461.443.40$1,951
Sep 2018073559.543.11$2,284

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.

Mar 2023 — as filed, then multipliedworked
Condensate            50 bbl  × $ 72.85 =     $3,643
Gas                    1 Mcf  × $  2.39 =         $2

────────────────────────────────────────────────────
Month total                                   $3,645

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/285285 is the state's own key, not one this site invented.