ZION CANYON

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 300066District 03Field 34733500CondensateGasSave
Value, all time
$36.5 M
Nov 2022 – May 2026
Value, last 12 filed months
$3.1 M
at the published price for each month
Months reported
43
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
CondensateDisposition416,773 bbl$31,412,184
GasProduction1,762,074 Mcf$5,126,112
Total$36,538,297

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 30.1401, -96.7441. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.14011, -96.74405 · 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
10,730 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 10,730 ft.

Completions filed
Nov 2022
1 of 1 wells

1 well

42-47731200H 04ZN10,730 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.

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 20263,07020,157106.413.05$388,074
Apr 20262,83716,96298.932.87$329,341
Mar 20262,24313,81489.753.15$244,816
Feb 20261,17611,21963.503.75$116,751
Jan 20262,53715,96059.138.00$277,660
Dec 20252,13815,06556.664.41$187,626
Nov 20252,28315,35158.593.93$194,036
Oct 20252,66418,13559.383.30$218,122
Sep 20253,13319,76262.743.08$257,371
Aug 20253,44121,31263.933.01$284,234
Jul 20253,29922,37666.743.32$294,356
Jun 20253,37022,40266.483.13$294,127
May 20253,90524,59660.553.23$315,950
Apr 20253,75223,28662.363.54$316,480
Mar 20254,28325,03967.704.27$396,834
Feb 20254,12622,69870.884.34$390,979
Jan 20254,90226,55574.324.28$477,937
Dec 20244,94028,08968.993.12$428,487
Nov 20245,17928,11669.052.20$419,421
Oct 20245,67431,26471.372.28$476,279
Sep 20245,76431,35269.612.36$475,359
Aug 20246,24634,24575.632.06$543,054
Jul 20246,95336,95379.932.15$635,076
Jun 20247,09835,72078.082.63$648,298
May 20247,91840,77478.812.20$713,657
Apr 20247,76042,62084.451.66$726,047
Mar 20248,47945,42880.301.55$751,056
Feb 20249,51146,44776.091.78$806,537
Jan 202410,23451,27973.023.30$916,387
Dec 202311,37357,84871.262.61$961,465
Nov 202312,38462,01977.892.81$1,138,712
Oct 202311,80664,73785.443.09$1,208,566
Sep 202315,02963,16589.042.74$1,510,941
Aug 202316,59361,69280.522.67$1,500,964
Jul 202317,76561,47374.852.64$1,492,110
Jun 202318,11466,15068.962.26$1,398,540
May 202323,26578,91870.622.23$1,818,756
Apr 202324,25580,91278.122.24$2,075,862
Mar 202329,64590,03472.852.39$2,375,104
Feb 202330,18188,44175.112.47$2,484,962
Jan 202336,641113,02076.533.39$3,187,016
Dec 202229,59085,29976.415.73$2,749,657
Nov 20221,2171,39085.005.65$111,293

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         3,070 bbl  × $106.41 =   $326,679
Gas               20,157 Mcf  × $  3.05 =    $61,395

────────────────────────────────────────────────────
Month total                                 $388,074

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/300066 is the state's own key, not one this site invented.