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TAHOE MOUNTAIN

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 294707District 03Field 34733500CondensateGasSave
Value, all time
$59.2 M
May 2022 – May 2026
Value, last 12 filed months
$5.3 M
at the published price for each month
Months reported
49
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
CondensateDisposition535,384 bbl$43,882,760
GasProduction3,578,627 Mcf$15,334,900
Total$59,217,660

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 30.2226, -96.7282. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.22263, -96.72816 · 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
10,345 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 10,345 ft.

Completions filed
May 2022
1 of 1 wells

1 well

42-47731189H 03PR10,345 ftMay 2022——

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 (49)

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

49 months

May 20263,53441,084106.413.05$501,188
Apr 20263,64542,92898.932.87$483,791
Mar 20262,76238,62789.753.15$369,543
Feb 20263,36042,25063.503.75$371,811
Jan 20263,67146,52259.138.00$589,145
Dec 20253,63748,70056.664.41$421,003
Nov 20252,93738,30958.593.93$322,497
Oct 20254,14547,64359.383.30$403,583
Sep 20254,08745,62662.743.08$396,806
Aug 20254,34149,86663.933.01$427,854
Jul 20255,01951,02466.743.32$504,123
Jun 20254,93551,02266.483.13$487,712
May 20255,47255,37760.553.23$510,326
Apr 20255,46855,30862.363.54$536,947
Mar 20256,28859,98167.704.27$681,716
Feb 20255,92155,68670.884.34$661,405
Jan 20256,10758,45974.324.28$704,000
Dec 20246,30756,18168.993.12$610,482
Nov 20246,80254,59969.052.20$589,711
Oct 20247,00057,33671.372.28$630,396
Sep 20247,19858,25469.612.36$638,786
Aug 20247,52660,23675.632.06$693,496
Jul 20248,18564,35279.932.15$792,364
Jun 20248,99762,18278.082.63$866,272
May 20249,18359,25478.812.20$853,979
Apr 20248,49454,91984.451.66$808,440
Mar 20248,14955,40980.301.55$739,979
Feb 20248,55055,47276.091.78$749,512
Jan 20249,36260,08773.023.30$881,760
Dec 202310,52665,67371.262.61$921,537
Nov 202310,97266,54177.892.81$1,041,427
Oct 202312,80980,44585.443.09$1,342,757
Sep 202311,05171,19189.042.74$1,178,691
Aug 202313,11274,63580.522.67$1,255,269
Jul 202314,49180,04074.852.64$1,296,101
Jun 202314,27279,86468.962.26$1,164,568
May 202315,65785,49770.622.23$1,296,133
Apr 202315,59784,98378.122.24$1,408,609
Mar 202317,54796,18372.852.39$1,508,480
Feb 202316,31292,80275.112.47$1,454,014
Jan 202319,125102,18176.533.39$1,809,797
Dec 202219,809104,15676.415.73$2,110,324
Nov 202222,138109,85985.005.65$2,502,016
Oct 202224,490120,93287.185.86$2,844,154
Sep 202224,335126,99084.888.16$3,102,261
Aug 202225,479143,50894.529.13$3,718,096
Jul 202226,690154,226101.587.54$3,874,355
Jun 202225,040158,573115.097.98$4,146,822
May 202224,850153,655109.378.43$4,013,623

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         3,534 bbl  × $106.41 =   $376,053
Gas               41,084 Mcf  × $  3.05 =   $125,135

────────────────────────────────────────────────────
Month total                                 $501,188

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/294707 is the state's own key, not one this site invented.