SUPER T

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 285290District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$21.9 M
Sep 2018 – May 2026
Value, last 12 filed months
$883 k
at the published price for each month
Months reported
93
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 Gas112019-05-28223038
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
CondensateDisposition191,496 bbl$11,054,540
GasProduction3,395,474 Mcf$10,844,647
Total$21,899,187

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 29.8909, -96.6959. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.89091, -96.69589 · 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
13,651 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 13,651 ft.

Completions filed
Sep 2018
1 of 1 wells

1 well

42-149334531H13,651 ftSep 2018

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 (93)

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

93 months

May 202641610,229106.413.05$75,422
Apr 202655210,29298.932.87$84,145
Mar 20266037,10589.753.15$76,496
Feb 20264117,55863.503.75$54,443
Jan 20264268,55059.138.00$93,572
Dec 20255909,52556.664.41$75,467
Nov 20256249,80158.593.93$75,043
Oct 202558410,08959.383.30$68,020
Sep 202557210,11762.743.08$67,016
Aug 202558610,32763.933.01$68,596
Jul 202558610,18966.743.32$72,888
Jun 202559910,17866.483.13$71,666
May 202577810,95960.553.23$82,531
Apr 202560610,23662.363.54$74,058
Mar 202578410,05367.704.27$95,986
Feb 202579710,19570.884.34$100,746
Jan 20255828,76174.324.28$80,740
Dec 202460514,60268.993.12$87,317
Nov 202461210,24069.052.20$64,771
Oct 20245738,82171.372.28$61,019
Sep 20243918,64769.612.36$47,662
Aug 20242318,44475.632.06$34,896
Jul 202461711,54579.932.15$74,099
Jun 202479912,68078.082.63$95,785
May 202440110,43478.812.20$54,541
Apr 202461010,60184.451.66$69,104
Mar 202484913,88980.301.55$89,635
Feb 202463116,05376.091.78$76,646
Jan 202463513,09373.023.30$89,544
Dec 20231,00714,77771.262.61$110,337
Nov 20238135,72577.892.81$79,398
Oct 20231,02913,23685.443.09$128,781
Sep 202381916,28589.042.74$117,464
Aug 202383414,04980.522.67$104,705
Jul 20231,26319,46274.852.64$145,950
Jun 202342213,43868.962.26$59,451
May 202380512,00870.622.23$83,596
Apr 202399418,74778.122.24$119,603
Mar 20231,00319,85372.852.39$120,580
Feb 20232567,92375.112.47$38,764
Jan 20231696,63176.533.39$35,398
Dec 202269811,40276.415.73$118,657
Nov 202291316,21485.005.65$169,152
Oct 20221,29919,72187.185.86$228,886
Sep 20221,03813,72284.888.16$200,127
Aug 20221,06321,46494.529.13$296,380
Jul 20221,18417,800101.587.54$254,520
Jun 20222507,627115.097.98$89,615
May 202258111,518109.378.43$160,676
Apr 20221,01319,186104.226.84$236,761
Mar 202297113,197108.885.08$172,716
Feb 202296218,42391.054.86$177,105
Jan 20221,35722,32281.844.54$212,347
Dec 20211,14219,97971.323.90$159,348
Nov 202195420,88377.435.24$183,229
Oct 20211,25524,67979.795.71$241,149
Sep 202142517,22869.865.35$121,876
Aug 20211,32626,40766.024.22$198,996
Jul 20211,06329,23470.783.98$191,651
Jun 20211,51530,86169.493.38$209,607
May 20211,36932,82163.483.02$185,947
Apr 20211,50833,48260.362.76$183,380
Mar 20211,29230,07561.302.72$160,912
Feb 20211,13829,01257.805.55$226,734
Jan 20211,16040,23150.412.81$171,536
Dec 20201,53538,13144.642.68$170,540
Nov 20201,53029,97838.772.71$140,456
Oct 20201,49836,36336.972.48$145,504
Sep 20201,80140,38937.091.99$147,215
Aug 20201,90544,90939.982.39$183,274
Jul 20202,27546,21938.371.83$171,647
Jun 20202,68348,67934.901.69$175,919
May 20201,83452,41616.921.81$126,153
Apr 20202,77550,35414.751.80$131,789
Mar 20202,19759,03930.341.86$176,247
Feb 20202,96557,91049.881.98$262,595
Jan 20203,33362,72157.252.09$322,198
Dec 20192,77967,47859.012.30$319,482
Nov 20192,87655,55955.302.75$311,869
Oct 20192,42645,03953.472.42$238,647
Sep 20193,93381,10955.052.66$432,041
Aug 20193,38476,81653.112.30$356,736
Jul 20194,915100,99456.272.46$525,018
Jun 20195,151103,57252.782.49$529,888
May 20196,040122,49858.482.74$688,903
Apr 20191,92239,78062.632.75$229,798
Mar 20197,483151,59256.803.06$889,224
Feb 20199,307178,56150.852.79$971,843
Jan 201910,625164,82746.033.23$1,021,160
Dec 201812,680150,02746.594.19$1,218,690
Nov 201818,426230,37852.934.24$1,951,455
Oct 201819,235239,58461.443.40$1,995,924
Sep 20182,04327,71759.543.11$207,785

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           416 bbl  × $106.41 =    $44,267
Gas               10,229 Mcf  × $  3.05 =    $31,156

────────────────────────────────────────────────────
Month total                                  $75,422

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/285290 is the state's own key, not one this site invented.