MCCULLOUGH, A.W.

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 291544District 03Field 34773550CondensateGasSaveExport
Value, all time
$51 k
Jun 2020 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
72
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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
CondensateDisposition56 bbl$5,836
GasProduction11,245 Mcf$45,159
Total$50,996

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 30.5798, -96.2039. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.57975, -96.20391 · 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
11,058 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 11,058 ft.

Completions filed
Jan 2011
1 of 1 wells

1 well

42-041317571RE11,058 ftJan 2011

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 (72)

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

72 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023017085.443.09$525
Sep 2023020989.042.74$572
Aug 2023019780.522.67$527
Jul 2023017074.852.64$449
Jun 2023018068.962.26$407
May 2023017070.622.23$379
Apr 2023019778.122.24$441
Mar 2023019272.852.39$459
Feb 2023019875.112.47$488
Jan 2023019376.533.39$654
Dec 2022022676.415.73$1,295
Nov 2022028785.005.65$1,620
Oct 2022023787.185.86$1,390
Sep 2022020884.888.16$1,698
Aug 2022021494.529.13$1,953
Jul 20220258101.587.54$1,946
Jun 20220258115.097.98$2,058
May 20220232109.378.43$1,956
Apr 202256263104.226.84$7,635
Mar 20220272108.885.08$1,381
Feb 2022025691.054.86$1,244
Jan 2022027281.844.54$1,234
Dec 2021026671.323.90$1,037
Nov 2021026677.435.24$1,393
Oct 2021026679.795.71$1,520
Sep 2021027969.865.35$1,493
Aug 2021027766.024.22$1,169
Jul 2021030870.783.98$1,226
Jun 2021041869.493.38$1,413
May 2021032363.483.02$975
Apr 2021031760.362.76$874
Mar 2021033761.302.72$916
Feb 2021030557.805.55$1,692
Jan 2021034650.412.81$972
Dec 2020035344.642.68$944
Nov 2020037638.772.71$1,018
Oct 2020039536.972.48$979
Sep 2020037037.091.99$737
Aug 2020039339.982.39$937
Jul 2020039238.371.83$715
Jun 2020039934.901.69$674

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.

Oct 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.44 =         $0
Gas                  170 Mcf  × $  3.09 =       $525

────────────────────────────────────────────────────
Month total                                     $525

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/291544 is the state's own key, not one this site invented.