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MARLENE, LILI

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 288409District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$51.4 M
Mar 2018 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
99
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-1112020-04-02226012

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
CondensateDisposition664,397 bbl$41,109,207
GasProduction3,252,143 Mcf$10,316,394
Total$51,425,600

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 30.1942, -96.7380. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.19420, -96.73799 · 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
10,382 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 10,382 ft.

Completions filed
Jan 2018
1 of 1 wells

1 well

42-477310222H10,382 ftJan 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 (99)

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

99 months

May 20262,30912,074106.413.05$282,476
Apr 20262,19413,23198.932.87$255,022
Mar 20262,70414,80789.753.15$289,318
Feb 20262,86012,79963.503.75$229,610
Jan 20261,79910,88859.138.00$193,456
Dec 20252,89013,49256.664.41$223,292
Nov 20252,70012,53758.593.93$207,419
Oct 20252,80313,37659.383.30$210,648
Sep 20253,04314,35962.743.08$235,099
Aug 20253,19414,68963.933.01$248,476
Jul 20253,16113,31466.743.32$255,104
Jun 20253,14815,38366.483.13$257,408
May 20254,05819,70560.553.23$309,405
Apr 20253,27115,94162.363.54$260,460
Mar 2025347067.704.27$23,492
Feb 20257703,38370.884.34$69,263
Jan 20251,2323,48874.324.28$106,486
Dec 20242,42212,06968.993.12$204,766
Nov 20242,10713,27469.052.20$174,670
Oct 20243,16719,63271.372.28$270,817
Sep 20241,7629,96469.612.36$146,211
Aug 20242,98316,98575.632.06$260,655
Jul 20243,20117,70179.932.15$293,853
Jun 20242,97118,05578.082.63$279,532
May 20242,99717,28378.812.20$274,189
Apr 20243,04116,40884.451.66$284,037
Mar 20243,12017,28580.301.55$277,244
Feb 20242,63816,27376.091.78$229,751
Jan 20242,84616,38573.023.30$261,847
Dec 20233,51618,53271.262.61$298,932
Nov 20233,33617,22177.892.81$308,190
Oct 20233,32513,48185.443.09$325,708
Sep 20232,63211,96989.042.74$267,089
Aug 20233,90214,19580.522.67$352,131
Jul 20233,18814,88674.852.64$277,948
Jun 20233,86714,38068.962.26$299,145
May 20233,54714,86770.622.23$283,604
Apr 20233,75715,36478.122.24$327,878
Mar 20233,54115,22072.852.39$294,386
Feb 20233,56314,67975.112.47$303,811
Jan 20234,37416,76776.533.39$391,544
Dec 20223,21418,16976.415.73$349,673
Nov 20223,72418,17685.005.65$419,165
Oct 20224,22420,35187.185.86$487,582
Sep 20224,12920,67884.888.16$519,278
Aug 20224,03822,08094.529.13$583,199
Jul 20225,15425,833101.587.54$718,378
Jun 20221,25311,757115.097.98$237,996
May 20223,02514,029109.378.43$449,151
Apr 20224,31022,135104.226.84$600,538
Mar 20223,62816,111108.885.08$476,803
Feb 20224,35620,10291.054.86$494,286
Jan 20224,75125,39981.844.54$504,074
Dec 20214,81530,45271.323.90$462,142
Nov 20214,64331,39377.435.24$523,908
Oct 202115,95879.795.71$34,123
Sep 20211,0621769.865.35$74,282
Aug 20214,04227,85466.024.22$384,413
Jul 20215,10929,05470.783.98$477,310
Jun 20214,07528,05969.493.38$378,029
May 20214,95130,51363.483.02$406,368
Apr 20215,39331,27160.362.76$411,780
Mar 20216,13035,06661.302.72$471,041
Feb 20214,30529,82957.805.55$414,319
Jan 20211,61615,96050.412.81$126,314
Dec 20205,94832,05844.642.68$351,289
Nov 20205,17631,95938.772.71$287,173
Oct 20205,73334,04636.972.48$296,330
Sep 20205,88833,98637.091.99$286,053
Aug 20206,15435,99439.982.39$331,886
Jul 20206,19636,75738.371.83$304,826
Jun 20205,81436,40634.901.69$264,446
May 20206,97538,44716.921.81$187,789
Apr 20206,69137,62814.751.80$166,587
Mar 20207,16540,62130.341.86$292,788
Feb 20206,71339,23649.881.98$412,558
Jan 20207,19042,72357.252.09$501,121
Dec 20197,42144,84059.012.30$541,241
Nov 20198,11544,57055.302.75$571,358
Oct 20198,11247,99853.472.42$549,834
Sep 20198,47148,85355.052.66$596,145
Aug 20198,43652,82853.112.30$569,771
Jul 20199,17855,37856.272.46$652,679
Jun 20199,00655,74852.782.49$614,216
May 201910,14760,75458.482.74$759,882
Apr 201910,38261,22962.632.75$818,647
Mar 201911,52065,39056.803.06$854,567
Feb 201911,53261,42750.852.79$757,920
Jan 201914,49069,94346.033.23$892,763
Dec 201814,21065,59146.594.19$936,571
Nov 201814,79969,79452.934.24$1,079,045
Oct 201816,80982,22061.443.40$1,312,135
Sep 201818,68290,52959.543.11$1,393,690
Aug 201820,823101,20759.403.07$1,547,244
Jul 201823,322109,36565.142.93$1,839,840
Jun 201827,075122,35360.183.08$2,005,844
May 201834,82895,24765.382.90$2,553,347
Apr 201842,872148,96163.842.90$3,169,055
Mar 201848,290151,47061.222.79$3,378,436

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         2,309 bbl  × $106.41 =   $245,701
Gas               12,074 Mcf  × $  3.05 =    $36,775

────────────────────────────────────────────────────
Month total                                 $282,476

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/288409 is the state's own key, not one this site invented.