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ROMMEL 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 286854District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$33.4 M
Jun 2018 – May 2026
Value, last 12 filed months
$850 k
at the published price for each month
Months reported
96
no gaps in the span
Streams
2
condensate, gas

The GIDDINGS (AUSTIN CHALK-3) 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 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
NGPA1none——
ST-1112020-01-12225486

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
CondensateDisposition345,794 bbl$19,628,626
GasProduction4,467,165 Mcf$13,722,346
Total$33,350,972

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 30.2111, -96.6124. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.21106, -96.61243 · 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
11,874 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 11,874 ft.

Completions filed
Jun 2018
1 of 1 wells

1 well

42-477310522H11,874 ftJun 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 (96)

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

96 months

May 20265636,557106.413.05$79,880
Apr 20263735,74998.932.87$53,399
Mar 20263693,44389.753.15$43,961
Feb 20265676,70863.503.75$61,162
Jan 20265688,14559.138.00$98,729
Dec 20257559,10456.664.41$82,958
Nov 20253588,18858.593.93$53,125
Oct 20257449,92859.383.30$76,989
Sep 20255589,48862.743.08$64,203
Aug 202576910,57463.933.01$81,040
Jul 202556310,74566.743.32$73,196
Jun 202574710,23466.483.13$81,680
May 202575210,64560.553.23$79,942
Apr 20257539,58562.363.54$80,918
Mar 20259459,88067.704.27$106,148
Feb 202595310,94170.884.34$115,042
Jan 2025803,62874.324.28$21,469
Dec 20245876,12968.993.12$59,628
Nov 202476411,46269.052.20$77,953
Oct 202477511,83671.372.28$82,314
Sep 202496511,91669.612.36$95,347
Aug 202491313,85275.632.06$97,636
Jul 20243828,30779.932.15$48,365
Jun 20241,13211,13578.082.63$117,716
May 202476712,79878.812.20$88,583
Apr 20241933,15084.451.66$21,525
Mar 20241,16012,09380.301.55$111,833
Feb 202477011,41976.091.78$78,957
Jan 202495713,28773.023.30$113,696
Dec 20231,16512,21671.262.61$114,910
Nov 20231,15911,87077.892.81$123,600
Oct 20231,15412,05785.443.09$135,821
Sep 20231,14113,54889.042.74$138,649
Aug 20231,50713,96480.522.67$158,668
Jul 20231,16115,53274.852.64$127,933
Jun 20231,54318,79068.962.26$148,842
May 20231,55320,84970.622.23$156,112
Apr 20231,54615,77178.122.24$156,065
Mar 20230072.852.39$0
Feb 20231,16214,91375.112.47$124,049
Jan 20232,32120,13976.533.39$245,851
Dec 20221,75421,74276.415.73$258,585
Nov 20221,56816,78085.005.65$228,023
Oct 20221,53616,84687.185.86$232,689
Sep 20221,57418,57184.888.16$285,209
Aug 20221,71419,56494.529.13$340,571
Jul 20221,73817,736101.587.54$310,312
Jun 20221,57418,518115.097.98$328,873
May 20222,12318,674109.378.43$389,671
Apr 20224354,843104.226.84$78,450
Mar 202280108.885.08$871
Feb 2022117991.054.86$1,385
Jan 202284293481.844.54$73,147
Dec 2021830371.323.90$1,752
Nov 202120077.435.24$1,549
Oct 20212,91132,81779.795.71$419,781
Sep 20213,22645,48569.865.35$468,755
Aug 20213,82247,31966.024.22$452,043
Jul 20213,56249,29870.783.98$448,427
Jun 20213,41948,86869.493.38$402,790
May 20213,70156,84463.483.02$406,476
Apr 20213,56745,95560.362.76$342,067
Mar 20214,25058,30961.302.72$418,947
Feb 20212,33643,50257.805.55$376,368
Jan 20214,11258,14150.412.81$370,678
Dec 20204,40558,59144.642.68$353,397
Nov 20204,44258,32938.772.71$330,088
Oct 20204,26561,85036.972.48$310,968
Sep 20205,02662,25237.091.99$310,361
Aug 20204,54767,08639.982.39$341,796
Jul 20205,04869,97538.371.83$321,405
Jun 20205,12970,93434.901.69$298,903
May 20205,99576,25516.921.81$239,819
Apr 20205,47277,55814.751.80$220,656
Mar 20206,58383,37930.341.86$354,499
Feb 20205,89878,59949.881.98$449,871
Jan 20206,63789,96557.252.09$568,422
Dec 20196,93795,24859.012.30$628,838
Nov 20197,68698,56755.302.75$696,164
Oct 20197,830108,87953.472.42$681,998
Sep 20197,770109,26855.052.66$718,094
Aug 20198,491118,49553.112.30$724,012
Jul 20197,558107,96556.272.46$690,889
Jun 20198,882116,76952.782.49$759,687
May 20196,82686,13658.482.74$635,225
Apr 20199,618136,20562.632.75$977,034
Mar 201911,603149,76756.803.06$1,117,652
Feb 201911,045142,57350.852.79$959,733
Jan 201911,370131,73646.033.23$948,629
Dec 201811,090136,91846.594.19$1,089,745
Nov 201815,986195,66952.934.24$1,675,235
Oct 201817,596219,26761.443.40$1,826,185
Sep 201817,798223,63659.543.11$1,754,754
Aug 201820,957252,86659.403.07$2,020,275
Jul 20186,80681,28465.142.93$681,658
Jun 20181,49319,44160.183.08$149,667

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           563 bbl  × $106.41 =    $59,909
Gas                6,557 Mcf  × $  3.05 =    $19,972

────────────────────────────────────────────────────
Month total                                  $79,880

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/286854 is the state's own key, not one this site invented.