MARY LOU 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 289880District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.4 M
Sep 2019 – May 2026
Value, last 12 filed months
$606 k
at the published price for each month
Months reported
81
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
NGPA1none
ST-1112020-10-16228134

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
CondensateDisposition136,962 bbl$8,055,988
GasProduction1,382,576 Mcf$4,358,352
Total$12,414,340

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 29.9094, -96.7956. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.90942, -96.79559 · 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
12,097 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 12,097 ft.

Completions filed
Sep 2019
1 of 1 wells

1 well

42-149334852H12,097 ftSep 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 (81)

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

81 months

May 20261792,661106.413.05$27,152
Apr 20263784,53998.932.87$50,421
Mar 20265204,69589.753.15$61,457
Feb 20265646,47163.503.75$60,082
Jan 20263694,96959.138.00$61,561
Dec 20253743,92356.664.41$38,504
Nov 20255508,19458.593.93$64,398
Oct 20253676,36659.383.30$42,831
Sep 20253755,74262.743.08$41,195
Aug 20255278,22563.933.01$58,488
Jul 20255235,75266.743.32$53,974
Jun 20253736,87766.483.13$46,313
May 20255508,57160.553.23$61,007
Apr 20255567,36362.363.54$60,760
Mar 20255548,58367.704.27$74,141
Feb 20251803,70670.884.34$28,846
Jan 20257116,73174.324.28$81,641
Dec 20245388,20768.993.12$62,734
Nov 20245438,31769.052.20$55,779
Oct 20247018,96271.372.28$70,476
Sep 20247198,23469.612.36$69,518
Aug 20245639,33975.632.06$61,852
Jul 20247158,72979.932.15$75,888
Jun 20247088,70278.082.63$78,202
May 20247169,78378.812.20$77,935
Apr 20249009,59684.451.66$91,927
Mar 202477110,25980.301.55$77,763
Feb 20247199,96976.091.78$72,490
Jan 20249019,52373.023.30$97,195
Dec 20237168,18271.262.61$72,383
Nov 20237139,94277.892.81$83,448
Oct 202371910,14185.443.09$92,739
Sep 202370810,09989.042.74$90,661
Aug 202389811,73380.522.67$103,668
Jul 202390012,27474.852.64$99,790
Jun 202389211,86968.962.26$88,318
May 20237357,94370.622.23$69,598
Apr 202390610,13178.122.24$93,447
Mar 20238859,41472.852.39$87,001
Feb 20237288,00675.112.47$74,420
Jan 202390910,30476.533.39$104,473
Dec 202286310,83276.415.73$127,999
Nov 202290910,35085.005.65$135,703
Oct 20221,02611,13287.185.86$154,722
Sep 202286211,92884.888.16$170,543
Aug 202289912,29994.529.13$197,228
Jul 20221,08113,353101.587.54$210,517
Jun 20221,05912,816115.097.98$224,116
May 20221,10514,098109.378.43$239,743
Apr 20221,33013,421104.226.84$230,380
Mar 20221,31015,368108.885.08$220,647
Feb 20221,12314,00891.054.86$170,312
Jan 20221,30613,66281.844.54$168,877
Dec 20211,08815,51671.323.90$138,095
Nov 20211,51415,88077.435.24$200,390
Oct 20211,31216,91379.795.71$201,323
Sep 20211,81317,35269.865.35$219,505
Aug 20211,47618,44566.024.22$175,294
Jul 20211,64819,24870.783.98$193,293
Jun 20212,00620,42569.493.38$208,446
May 20211,49317,10863.483.02$146,402
Apr 20211,65116,35760.362.76$144,774
Mar 20211,69819,96561.302.72$158,331
Feb 20211,47017,25157.805.55$180,674
Jan 20212,02321,16050.412.81$161,445
Dec 20202,21122,46144.642.68$158,793
Nov 20202,16022,30438.772.71$144,111
Oct 20202,17324,26436.972.48$140,472
Sep 20202,54725,82537.091.99$145,887
Aug 20202,69929,09639.982.39$177,303
Jul 20202,85331,91438.371.83$167,716
Jun 20203,41834,60134.901.69$177,775
May 20203,50834,90216.921.81$122,694
Apr 20203,91236,86514.751.80$124,220
Mar 20204,50642,15030.341.86$214,952
Feb 20204,60044,60349.881.98$317,792
Jan 20205,92054,77457.252.09$453,657
Dec 20197,19563,94859.012.30$571,936
Nov 20199,48076,53855.302.75$734,777
Oct 201914,76499,09553.472.42$1,029,096
Sep 20197,09837,32355.052.66$489,923

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           179 bbl  × $106.41 =    $19,047
Gas                2,661 Mcf  × $  3.05 =     $8,105

────────────────────────────────────────────────────
Month total                                  $27,152

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/289880 is the state's own key, not one this site invented.