CLIFFHANGER

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 290742District 03Field 34733500CondensateGasSave
Value, all time
$32.6 M
Feb 2020 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
76
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
CondensateDisposition228,663 bbl$17,028,029
GasProduction3,767,626 Mcf$15,550,800
Total$32,578,829

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 29.8736, -96.7196. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.87361, -96.71960 · 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
13,657 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 13,657 ft.

Completions filed
Jan 2021
1 of 1 wells

1 well

42-149334911H13,657 ftJan 2021

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 (76)

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

76 months

May 20261,24015,966106.413.05$180,578
Apr 202688814,87098.932.87$130,523
Mar 20261,40018,11689.753.15$182,705
Feb 20261,26219,93363.503.75$154,892
Jan 20261,40818,77659.138.00$233,424
Dec 20251,28120,73656.664.41$164,097
Nov 20251,32721,03258.593.93$160,330
Oct 20251,36124,32459.383.30$161,203
Sep 20251,38023,77762.743.08$159,741
Aug 20251,51425,41963.933.01$173,422
Jul 20251,33023,81366.743.32$167,709
Jun 20251,36225,20266.483.13$169,396
May 20251,94026,25460.553.23$202,328
Apr 20251,86728,26862.363.54$216,583
Mar 20251,61230,32367.704.27$238,561
Feb 20251,33022,24970.884.34$190,850
Jan 20251,61926,10174.324.28$232,002
Dec 202476414,56168.993.12$98,159
Nov 20241,75130,28469.052.20$187,484
Oct 20246386,58171.372.28$60,548
Sep 20241,43423,15269.612.36$154,560
Aug 20241,48029,61375.632.06$173,043
Jul 20242,26028,96779.932.15$242,822
Jun 20241,75837,15078.082.63$235,117
May 20241,63635,94478.812.20$207,954
Apr 20242,25536,95684.451.66$251,752
Mar 20241,81336,70480.301.55$202,296
Feb 20241,65837,87176.091.78$193,705
Jan 20241,09729,13573.023.30$176,180
Dec 20232,08438,65671.262.61$249,426
Nov 20232,62837,49677.892.81$309,967
Oct 20232,69940,82585.443.09$356,641
Sep 20232,37442,06589.042.74$326,430
Aug 20232,10232,93380.522.67$257,279
Jul 20232,56339,02474.852.64$294,934
Jun 20232,45637,47468.962.26$254,000
May 20232,82439,06170.622.23$286,435
Apr 20233,26947,81078.122.24$362,362
Mar 20232,89440,92072.852.39$308,756
Feb 20232,30236,63675.112.47$263,236
Jan 20232,24735,42776.533.39$291,980
Dec 20222,83344,14676.415.73$469,386
Nov 20222,97850,63885.005.65$539,042
Oct 20223,34555,88887.185.86$619,331
Sep 20223,11254,01384.888.16$705,091
Aug 20223,87558,31494.529.13$898,506
Jul 20223,83862,086101.587.54$858,122
Jun 20224,01965,837115.097.98$987,742
May 20223,50668,688109.378.43$962,700
Apr 20224,46874,436104.226.84$974,619
Mar 20224,23980,503108.885.08$870,208
Feb 20224,30077,21691.054.86$766,695
Jan 20225,61289,82681.844.54$866,888
Dec 20216,20990,32971.323.90$795,029
Nov 20216,99597,42177.435.24$1,051,802
Oct 20217,237106,21379.795.71$1,184,328
Sep 20216,774116,98569.865.35$1,099,209
Aug 20217,650136,74166.024.22$1,082,181
Jul 20218,356157,75870.783.98$1,219,643
Jun 20219,149167,06669.493.38$1,200,551
May 202111,996202,82563.483.02$1,373,565
Apr 202113,741224,80360.362.76$1,449,508
Mar 202115,922247,17461.302.72$1,647,576
Feb 202112,905201,69857.805.55$1,864,919
Jan 20212,49736,61850.412.81$228,780
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0

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         1,240 bbl  × $106.41 =   $131,948
Gas               15,966 Mcf  × $  3.05 =    $48,630

────────────────────────────────────────────────────
Month total                                 $180,578

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/290742 is the state's own key, not one this site invented.