KLONDIKE GOLD

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 295390District 03Field 34733500CondensateGasSave
Value, all time
$32.9 M
Jul 2022 – May 2026
Value, last 12 filed months
$2.2 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
CondensateDisposition318,184 bbl$25,721,415
GasProduction1,647,550 Mcf$7,155,122
Total$32,876,537

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 30.1694, -96.7108. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.16939, -96.71084 · 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
10,985 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 10,985 ft.

Completions filed
Jul 2022
1 of 1 wells

1 well

42-47731191H 02KL10,985 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 20261,51910,777106.413.05$194,462
Apr 20261,38511,18698.932.87$169,119
Mar 20261,59310,67289.753.15$176,583
Feb 20261,2939,89363.503.75$119,207
Jan 20261,90511,00959.138.00$200,692
Dec 20251,93713,96956.664.41$171,401
Nov 20251,76014,19158.593.93$158,839
Oct 20252,55614,72759.383.30$200,446
Sep 20252,45015,21362.743.08$200,522
Aug 20252,29617,44663.933.01$199,379
Jul 20252,58717,75566.743.32$231,518
Jun 20252,58316,62266.483.13$223,723
May 20253,02118,45260.553.23$242,564
Apr 20253,57219,12062.363.54$290,494
Mar 20252,05413,08867.704.27$194,920
Feb 20252,26212,79570.884.34$215,872
Jan 20251,97413,18474.324.28$203,118
Dec 20243,51820,57568.993.12$306,929
Nov 20243,66020,83369.052.20$298,523
Oct 20243,77021,69371.372.28$318,555
Sep 20243,93622,49369.612.36$327,167
Aug 20243,89323,03275.632.06$341,957
Jul 20244,07124,84979.932.15$378,736
Jun 20244,27924,71078.082.63$399,190
May 20244,55327,72778.812.20$419,778
Apr 20244,38726,27984.451.66$414,084
Mar 20245,08729,21380.301.55$453,624
Feb 20245,19728,53776.091.78$446,339
Jan 20245,22929,48473.023.30$479,050
Dec 20235,94732,65971.262.61$509,047
Nov 20236,41834,41477.892.81$596,517
Oct 20236,76436,17785.443.09$689,605
Sep 20236,80739,70389.042.74$714,685
Aug 20237,75543,48680.522.67$740,665
Jul 20237,77144,85074.852.64$700,144
Jun 20238,24945,17568.962.26$670,878
May 20239,48349,15970.622.23$779,186
Apr 20239,83448,48578.122.24$876,730
Mar 202310,43948,52072.852.39$876,597
Feb 20239,73950,14875.112.47$855,145
Jan 202312,26460,18076.533.39$1,142,437
Dec 202213,88968,81376.415.73$1,455,494
Nov 202216,18972,62185.005.65$1,786,098
Oct 202219,88886,89987.185.86$2,243,391
Sep 202222,56098,35584.888.16$2,717,832
Aug 202227,650121,65394.529.13$3,723,824
Jul 202228,211126,729101.587.54$3,821,474

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         1,519 bbl  × $106.41 =   $161,637
Gas               10,777 Mcf  × $  3.05 =    $32,825

────────────────────────────────────────────────────
Month total                                 $194,462

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/295390 is the state's own key, not one this site invented.