RAMBO

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 287778District 03Field 34733500CondensateGasSave
Value, all time
$24.0 M
May 2019 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
85
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
CondensateDisposition99,662 bbl$5,820,582
GasProduction5,912,880 Mcf$18,198,676
Total$24,019,258

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 29.8949, -96.6805. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.89489, -96.68055 · 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
13,764 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 13,764 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-149334712H13,764 ftMay 2019

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 (85)

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

85 months

May 202627918,285106.413.05$85,382
Apr 202646719,69198.932.87$102,708
Mar 202629320,58989.753.15$91,141
Feb 202631027,08263.503.75$121,251
Jan 202655229,68659.138.00$270,066
Dec 202524424,92056.664.41$123,806
Nov 202538722,13658.593.93$109,590
Oct 202544245,36359.383.30$176,163
Sep 202542632,09962.743.08$125,493
Aug 202523020,87563.933.01$77,637
Jul 202540614,68566.743.32$75,780
Jun 202524712,98366.483.13$57,041
May 202522313,14360.553.23$55,985
Apr 202544416,84962.363.54$87,386
Mar 202542415,15267.704.27$93,378
Feb 202565920,10070.884.34$133,961
Jan 202538514,90574.324.28$92,387
Dec 202447833,53368.993.12$137,646
Nov 202433917,72969.052.20$62,384
Oct 202458027,81571.372.28$104,852
Sep 202424820,20869.612.36$65,042
Aug 202471129,20575.632.06$114,041
Jul 202451231,78379.932.15$109,149
Jun 202466130,72978.082.63$132,550
May 202447630,28578.812.20$104,093
Apr 202447227,08484.451.66$84,798
Mar 202475936,56280.301.55$117,441
Feb 202445026,87776.091.78$82,179
Jan 202427515,14273.023.30$70,014
Dec 202356231,00971.262.61$121,004
Nov 202377537,33477.892.81$165,182
Oct 202355935,54985.443.09$157,511
Sep 202350637,59689.042.74$147,881
Aug 202353737,80780.522.67$144,293
Jul 202358536,63174.852.64$140,559
Jun 202347437,40368.962.26$117,161
May 202386139,69870.622.23$149,227
Apr 202363641,33778.122.24$142,187
Mar 202367845,18772.852.39$157,532
Feb 202355036,38875.112.47$131,032
Jan 202381450,89876.533.39$234,724
Dec 202262146,06376.415.73$311,349
Nov 202256047,40785.005.65$315,269
Oct 202286551,09587.185.86$375,020
Sep 202248250,46884.888.16$452,917
Aug 202264950,66594.529.13$523,771
Jul 202276951,845101.587.54$469,134
Jun 202288045,319115.097.98$462,798
May 202275746,393109.378.43$474,027
Apr 202265453,023104.226.84$430,710
Mar 202257740,848108.885.08$270,185
Feb 202288743,55491.054.86$292,383
Jan 202258450,28781.844.54$275,981
Dec 202157645,95571.323.90$220,264
Nov 202157048,78477.435.24$299,610
Oct 202136856,75479.795.71$353,648
Sep 202194553,25769.865.35$350,992
Aug 20211,02458,57766.024.22$314,834
Jul 202194560,85070.783.98$309,197
Jun 202175154,41869.493.38$236,154
May 20211,25863,25063.483.02$270,725
Apr 20211,13869,85260.362.76$261,371
Mar 20211,14476,57361.302.72$278,171
Feb 20211,32868,78957.805.55$458,396
Jan 202177578,07550.412.81$258,480
Dec 20201,68285,46944.642.68$303,753
Nov 20201,15265,20738.772.71$221,150
Oct 20201,80282,84336.972.48$271,941
Sep 20201,96488,95037.091.99$249,948
Aug 20202,04399,47939.982.39$318,947
Jul 20201,495107,97038.371.83$254,421
Jun 20201,999103,83634.901.69$245,280
May 20202,877115,02016.921.81$257,411
Apr 20202,367118,81514.751.80$249,301
Mar 20202,992134,47730.341.86$340,398
Feb 20202,690130,89849.881.98$393,443
Jan 20202,253146,55757.252.09$435,983
Dec 20192,416189,12559.012.30$578,380
Nov 20193,017189,08855.302.75$686,964
Oct 20193,646256,99353.472.42$816,499
Sep 20194,491252,49855.052.66$918,187
Aug 20195,507301,85653.112.30$988,062
Jul 20196,102355,37056.272.46$1,217,591
Jun 20196,961407,48552.782.49$1,382,528
May 20193,183206,51158.482.74$752,048

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           279 bbl  × $106.41 =    $29,688
Gas               18,285 Mcf  × $  3.05 =    $55,693

────────────────────────────────────────────────────
Month total                                  $85,382

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/287778 is the state's own key, not one this site invented.