KLONDIKE TRAIL

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 295200District 03Field 34733500CondensateGasSave
Value, all time
$36.1 M
Jul 2022 – May 2026
Value, last 12 filed months
$2.5 M
at the published price for each month
Months reported
47
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
CondensateDisposition338,754 bbl$27,472,831
GasProduction2,005,672 Mcf$8,621,502
Total$36,094,333

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 30.1670, -96.7036. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.16704, -96.70364 · 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
11,053 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 11,053 ft.

Completions filed
Jul 2022
1 of 1 wells

1 well

42-47731193H 04KL11,053 ftJul 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 (47)

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

47 months

May 20261,82814,765106.413.05$239,489
Apr 20261,74914,55798.932.87$214,803
Mar 20261,47913,39989.753.15$174,940
Feb 20261,36513,58563.503.75$137,626
Jan 20262,06015,35259.138.00$244,592
Dec 20251,87215,82456.664.41$175,905
Nov 20252,30616,38858.593.93$199,455
Oct 20252,37217,35759.383.30$198,211
Sep 20252,50017,52362.743.08$210,767
Aug 20252,56518,60863.933.01$220,079
Jul 20252,51119,24366.743.32$231,379
Jun 20252,49319,18466.483.13$225,756
May 20252,86620,90260.553.23$241,098
Apr 20252,37118,59862.363.54$213,751
Mar 20252,75922,50367.704.27$282,834
Feb 20253,22024,86770.884.34$336,177
Jan 20253,32224,99074.324.28$353,815
Dec 20243,01422,85768.993.12$279,281
Nov 20243,59423,24269.052.20$299,262
Oct 20243,27123,11871.372.28$286,193
Sep 20243,52124,41969.612.36$302,832
Aug 20243,73226,28175.632.06$336,485
Jul 20244,00528,11379.932.15$380,467
Jun 20244,02827,35778.082.63$386,564
May 20244,49232,38078.812.20$425,200
Apr 20244,15832,05484.451.66$404,327
Mar 20244,66335,46480.301.55$429,235
Feb 20244,82734,64676.091.78$429,082
Jan 20245,48937,29173.023.30$523,780
Dec 20236,35640,45971.262.61$558,556
Nov 20236,84642,96477.892.81$653,859
Oct 20237,41046,04185.443.09$775,252
Sep 20237,23650,37089.042.74$782,057
Aug 20237,66253,94480.522.67$761,130
Jul 20238,43956,47874.852.64$780,863
Jun 20238,24856,23368.962.26$695,783
May 20239,67061,66470.622.23$820,246
Apr 202310,02161,44078.122.24$920,328
Mar 202311,26363,63372.852.39$972,794
Feb 202311,27163,47075.112.47$1,003,062
Jan 202313,83275,68776.533.39$1,314,969
Dec 202215,99491,90776.415.73$1,748,644
Nov 202218,01089,45185.005.65$2,035,908
Oct 202222,294107,57987.185.86$2,574,408
Sep 202225,089118,50584.888.16$3,096,991
Aug 202230,741142,20194.529.13$4,203,531
Jul 202229,940128,779101.587.54$4,012,567

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         1,828 bbl  × $106.41 =   $194,517
Gas               14,765 Mcf  × $  3.05 =    $44,972

────────────────────────────────────────────────────
Month total                                 $239,489

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/295200 is the state's own key, not one this site invented.