RIVERSIDE WALK

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 300053District 03Field 347335002 tax incentive programmesCondensateGasSaveExport
Value, all time
$42.4 M
Nov 2022 – May 2026
Value, last 12 filed months
$4.1 M
at the published price for each month
Months reported
43
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 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-1112025-11-20235529

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
CondensateDisposition492,982 bbl$37,090,017
GasProduction1,802,674 Mcf$5,276,375
Total$42,366,391

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 30.1383, -96.7464. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.13831, -96.74635 · 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
10,676 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 10,676 ft.

Completions filed
Nov 2022
1 of 1 wells

1 well

42-47731201H 02ZN10,676 ftNov 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.

Leases whose centres are nearest (331)

Ranked by the distance between lease centres, within 5 miles. A lease has no coordinate the state files — each centre is the mean of that lease's own wells, so this measures how far apart two centres are and not whether the two leases touch.

LeaseOperatorCentres apart
ZION CANYONMAGNOLIA OIL & GAS OPERATING LLC0.18 mi
KITGEOSOUTHERN ENERGY CORPORATION0.19 mi
SABINE 'C'MAGNOLIA OIL & GAS OPERATING LLC0.20 mi
ANGIEGEOSOUTHERN ENERGY CORPORATION0.39 mi
ANGIE UNITMAGNOLIA OIL & GAS OPERATING LLC0.39 mi
ZION ANGELSMAGNOLIA OIL & GAS OPERATING LLC0.41 mi
LUECKEMEYERMAGNOLIA OIL & GAS OPERATING LLC0.51 mi
SABINE 'D'MAGNOLIA OIL & GAS OPERATING LLC0.51 mi
ZION NARROWSMAGNOLIA OIL & GAS OPERATING LLC0.57 mi
KRAUSE, ELMERGEOSOUTHERN ENERGY CORPORATION0.70 mi

The 10 nearest are listed. 331 leases in all have a centre within 5 miles of this one.

Operators who reported on those leases

Taken from the same 5-mile set above. This is who filed production, not who holds acreage — the state publishes no acreage register.

Every month this lease reported (43)

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

43 months

May 20264,27623,075106.413.05$525,292
Apr 20263,24917,15298.932.87$370,645
Mar 20263,14317,05389.753.15$335,792
Feb 20263,13117,70463.503.75$265,214
Jan 20263,45218,80459.138.00$354,510
Dec 20253,69119,99156.664.41$297,360
Nov 20253,86720,15458.593.93$305,701
Oct 20253,69420,38359.383.30$286,712
Sep 20253,76520,89162.743.08$300,496
Aug 20254,41223,77663.933.01$353,738
Jul 20254,27023,74666.743.32$363,703
Jun 20254,19323,91166.483.13$353,561
May 20254,96926,96060.553.23$388,016
Apr 20254,87130,77362.363.54$412,788
Mar 20251,6777,71167.704.27$146,446
Feb 20255,38226,91270.884.34$498,297
Jan 20256,38030,85674.324.28$606,185
Dec 20246,36233,18668.993.12$542,500
Nov 20246,71432,66769.052.20$535,418
Oct 20247,07835,63871.372.28$586,461
Sep 20247,24935,90269.612.36$589,488
Aug 20247,60438,43575.632.06$654,406
Jul 20248,55241,76379.932.15$773,209
Jun 20248,75640,20478.082.63$789,565
May 20249,76245,07978.812.20$868,447
Apr 202410,17847,23984.451.66$937,911
Mar 202411,49351,91880.301.55$1,003,108
Feb 202412,14751,96576.091.78$1,016,952
Jan 202413,31359,98173.023.30$1,169,912
Dec 202314,47470,25271.262.61$1,214,826
Nov 202315,32669,96477.892.81$1,390,170
Oct 202317,23166,79885.443.09$1,678,441
Sep 202314,21446,03089.042.74$1,391,508
Aug 202317,24346,80680.522.67$1,513,513
Jul 202320,65254,08174.852.64$1,688,673
Jun 202320,99858,02768.962.26$1,579,075
May 202325,39965,83670.622.23$1,940,320
Apr 202327,57768,62378.122.24$2,307,877
Mar 202333,67184,06872.852.39$2,654,121
Feb 202332,99187,38975.112.47$2,693,427
Jan 202340,174110,78676.533.39$3,449,828
Dec 202234,08887,13276.415.73$3,103,850
Nov 20221,3143,05385.005.65$128,928

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         4,276 bbl  × $106.41 =   $455,009
Gas               23,075 Mcf  × $  3.05 =    $70,283

────────────────────────────────────────────────────
Month total                                 $525,292

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/300053 is the state's own key, not one this site invented.