ACADIA

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 290970District 03Field 34733500CondensateGasSave
Value, all time
$60.6 M
Oct 2020 – May 2026
Value, last 12 filed months
$2.8 M
at the published price for each month
Months reported
68
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
CondensateDisposition654,276 bbl$46,227,821
GasProduction3,721,303 Mcf$14,329,128
Total$60,556,948

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 30.2210, -96.7233. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.22098, -96.72326 · 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
10,419 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 10,419 ft.

Completions filed
Oct 2020
1 of 1 wells

1 well

42-477311331H10,419 ftOct 2020

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 (68)

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

68 months

May 20261,49918,671106.413.05$216,377
Apr 20261,92317,85298.932.87$241,473
Mar 20261,91820,30689.753.15$236,093
Feb 20261,82618,52063.503.75$185,407
Jan 20261,93517,50959.138.00$254,452
Dec 20252,70520,81156.664.41$245,112
Nov 20252,34320,68358.593.93$218,487
Oct 20252,47622,13659.383.30$220,181
Sep 20252,54221,55362.743.08$225,802
Aug 20252,85723,01163.933.01$252,021
Jul 20252,39922,06166.743.32$233,246
Jun 20252,49022,60466.483.13$236,257
May 20252,74622,83160.553.23$240,067
Apr 20253,30823,57562.363.54$289,816
Mar 20253,29624,05267.704.27$325,801
Feb 20252,58721,55570.884.34$276,933
Jan 20253,33926,22074.324.28$360,341
Dec 20243,19127,16168.993.12$304,927
Nov 20243,56627,74069.052.20$307,217
Oct 20243,64730,85571.372.28$330,679
Sep 20242,67526,37669.612.36$248,569
Aug 20243,66131,58975.632.06$342,069
Jul 20244,19233,87879.932.15$407,789
Jun 20243,47131,13278.082.63$353,017
May 20244,19934,73578.812.20$407,286
Apr 20244,47633,81984.451.66$434,111
Mar 20244,96437,38180.301.55$456,368
Feb 20244,44435,28876.091.78$401,085
Jan 20245,04936,99073.023.30$490,658
Dec 20235,13939,20171.262.61$468,548
Nov 20235,58242,50877.892.81$554,126
Oct 20235,33443,90785.443.09$591,290
Sep 20234,79944,07589.042.74$547,850
Aug 20235,65050,87580.522.67$590,921
Jul 20236,86152,07574.852.64$651,118
Jun 20235,22646,72768.962.26$465,917
May 20237,40555,24370.622.23$645,989
Apr 20237,67257,87578.122.24$728,847
Mar 20239,29862,71272.852.39$827,439
Feb 202310,35263,42975.112.47$933,934
Jan 202310,34861,47776.533.39$1,000,199
Dec 20228,72355,93776.415.73$986,992
Nov 202211,36457,63685.005.65$1,291,364
Oct 20228,09537,10387.185.86$923,285
Sep 202210,40745,04184.888.16$1,251,046
Aug 202211,79954,57694.529.13$1,613,365
Jul 202211,72547,404101.587.54$1,548,550
Jun 202213,64655,992115.097.98$2,017,178
May 202216,64275,300109.378.43$2,455,143
Apr 202214,08061,472104.226.84$1,887,739
Mar 20229783,083108.885.08$122,135
Feb 202211,82362,27491.054.86$1,379,064
Jan 202213,26672,23781.844.54$1,413,478
Dec 202114,25080,73871.323.90$1,331,117
Nov 202114,62080,52777.435.24$1,553,734
Oct 202117,17587,57579.795.71$1,870,785
Sep 202116,97988,65069.865.35$1,660,512
Aug 202119,56397,55566.024.22$1,703,289
Jul 202121,959103,60970.783.98$1,966,837
Jun 202122,200107,15769.493.38$1,904,935
May 202126,016121,52963.483.02$2,018,230
Apr 202127,281127,69460.362.76$1,998,915
Mar 202130,267144,65961.302.72$2,248,397
Feb 202123,083124,60157.805.55$2,025,478
Jan 202137,372180,74050.412.81$2,391,851
Dec 202038,116182,90644.642.68$2,190,856
Nov 202039,457190,76938.772.71$2,046,078
Oct 202003,54136.972.48$8,776

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         1,499 bbl  × $106.41 =   $159,509
Gas               18,671 Mcf  × $  3.05 =    $56,869

────────────────────────────────────────────────────
Month total                                 $216,377

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/290970 is the state's own key, not one this site invented.