ROMMEL 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 293759District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$34.0 M
Dec 2021 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
53
1 month not filed
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-1112023-04-06231910

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
CondensateDisposition211,439 bbl$18,485,676
GasProduction3,339,134 Mcf$15,527,400
Total$34,013,076

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 30.2083, -96.6131. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.20830, -96.61310 · 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
11,775 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 11,775 ft.

Completions filed
Dec 2021
1 of 1 wells

1 well

42-477311604H11,775 ftDec 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 (53)

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

53 months

May 20261,23224,408106.413.05$205,440
Apr 20261,10923,77498.932.87$177,938
Mar 20261,29525,23989.753.15$195,715
Feb 20261,20124,96563.503.75$169,890
Jan 20261,27325,28259.138.00$277,476
Dec 20251,32128,30956.664.41$199,786
Nov 20251,30027,61858.593.93$184,607
Oct 20251,77329,30959.383.30$202,142
Sep 20251,70329,92762.743.08$198,929
Aug 20251,97232,28963.933.01$223,414
Jul 20251,72733,46066.743.32$226,187
Jun 20251,44833,41866.483.13$200,819
May 20251,84535,38660.553.23$226,094
Apr 20251,49035,30862.363.54$218,017
Mar 20251,71836,27467.704.27$271,138
Feb 20251,57433,52670.884.34$257,096
Jan 20251,89942,21674.324.28$321,762
Dec 20241,82240,35368.993.12$251,656
Nov 20241,50840,39369.052.20$192,929
Oct 20241,69440,85871.372.28$214,114
Sep 20242,12241,67169.612.36$246,238
Aug 20242,20845,96475.632.06$261,844
Jul 20242,57548,79079.932.15$310,552
Jun 20242,79649,54978.082.63$348,823
May 20242,57652,14378.812.20$317,648
Apr 20242,63052,71884.451.66$309,573
Mar 20242,99255,46980.301.55$325,964
Feb 20243,55055,84676.091.78$369,729
Jan 20242,82962,30173.023.30$412,021
Dec 20233,59064,10571.262.61$423,184
Nov 20234,28371,43977.892.81$534,172
Oct 20234,47872,00685.443.09$604,903
Sep 20234,16076,07989.042.74$578,486
Aug 20233,88563,15180.522.67$481,615
Jul 20233,81770,27474.852.64$471,352
Jun 20231,27714,68368.962.26$121,223
May 20231,30325,68770.622.23$149,233
Apr 20233,69862,44678.122.24$428,627
Mar 20232,10222,47472.852.39$206,915
Feb 20236,55789,84175.112.47$714,015
Jan 20235,52790,81876.533.39$730,647
Dec 20223,57134,40776.415.73$469,981
Nov 20227,67998,03985.005.65$1,206,263
Oct 20229,431117,44987.185.86$1,510,887
Sep 20228,863117,16184.888.16$1,708,756
Aug 20229,096117,30194.529.13$1,930,379
Jul 202210,917143,333101.587.54$2,189,978
Jun 202210,752149,360115.097.98$2,428,922
May 202212,291164,856109.378.43$2,734,504
Apr 202212,588170,920104.226.84$2,480,604
Mar 202213,082197,277108.885.08$2,425,825
Feb 202213,002189,95991.054.86$2,106,812
Dec 20213089,30671.323.90$58,252

Not filed, and not zero: Jan 2022. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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         1,232 bbl  × $106.41 =   $131,097
Gas               24,408 Mcf  × $  3.05 =    $74,343

────────────────────────────────────────────────────
Month total                                 $205,440

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/293759 is the state's own key, not one this site invented.