GERDES, GARWOOD

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 89602District 03Field 34733500NGPA filingCondensateGasSaveExport
Value, all time
$5.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$574
at the published price for each month
Months reported
401
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
NGPA2none

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
CondensateDisposition25,151 bbl$1,296,399
GasProduction1,244,121 Mcf$4,141,447
Total$5,437,846

247,381 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.3062, -96.7412. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.30618, -96.74120 · 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
8,778 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 8,778 ft.

Completions filed
Jul 1980
1 of 1 wells

1 well

42-28730711G 18,778 ftJul 1980

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 (401)

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

401 months

May 202603106.413.05$9
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20251056.664.41$57
Nov 20250058.593.93$0
Oct 20251059.383.30$59
Sep 20253062.743.08$188
Aug 20252063.933.01$128
Jul 20250066.743.32$0
Jun 20252066.483.13$133
May 20250060.553.23$0
Apr 2025359062.363.54$22,387
Mar 2025371067.704.27$25,117
Feb 2025328070.884.34$23,249
Jan 202501174.324.28$47
Dec 202418933168.993.12$14,072
Nov 20241526569.052.20$10,639
Oct 20241,0821,34271.372.28$80,284
Sep 20247451,41569.612.36$55,205
Aug 202402,29975.632.06$4,744
Jul 20241911,85379.932.15$19,244
Jun 202403,07678.082.63$8,102
May 202402,61678.812.20$5,751
Apr 202417941884.451.66$15,810
Mar 202402280.301.55$34
Feb 202455160576.091.78$43,005
Jan 20241,13392373.023.30$85,775
Dec 20231,0821,20671.262.61$80,252
Nov 20237381,34277.892.81$61,251
Oct 202301,72285.443.09$5,316
Sep 202312,04489.042.74$5,679
Aug 20231751,77480.522.67$18,833
Jul 202311,60574.852.64$4,315
Jun 202301,54268.962.26$3,483
May 202301,58670.622.23$3,533
Apr 202302,09178.122.24$4,679
Mar 202301,56972.852.39$3,755
Feb 20231771,60375.112.47$17,247
Jan 202301,82676.533.39$6,186
Dec 202201,74376.415.73$9,986
Nov 202201,92485.005.65$10,863
Oct 202202,45287.185.86$14,378
Sep 202203,17384.888.16$25,903
Aug 20221873,08994.529.13$45,869
Jul 202202,107101.587.54$15,891
Jun 20220722115.097.98$5,760
May 202202,087109.378.43$17,600
Apr 202212,647104.226.84$18,203
Mar 202276108.885.08$793
Feb 20220591.054.86$24
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202105069.865.35$268
Aug 20210366.024.22$13
Jul 2021010770.783.98$426
Jun 202101,96469.493.38$6,640
May 202102,27563.483.02$6,865
Apr 20211851,88360.362.76$16,361
Mar 202112,07461.302.72$5,696
Feb 20211881,39857.805.55$18,622
Jan 202101,91050.412.81$5,368
Dec 202001,26744.642.68$3,390
Nov 202001,65938.772.71$4,490
Oct 202002,66436.972.48$6,603
Sep 202002,47937.091.99$4,936
Aug 202002,64839.982.39$6,316
Jul 202002,53938.371.83$4,634
Jun 202002,37634.901.69$4,016
May 202002,25416.921.81$4,090
Apr 202002,64014.751.80$4,764
Mar 20201692,76830.341.86$10,266
Feb 202002,74449.881.98$5,435
Jan 202002,75557.252.09$5,771
Dec 20191892,73559.012.30$17,455
Nov 201902,69155.302.75$7,402
Oct 201902,31553.472.42$5,599
Sep 201903,21855.052.66$8,551
Aug 201903,00753.112.30$6,929
Jul 20191791,74556.272.46$14,365
Jun 20190252.782.49$5
May 20190858.482.74$22
Apr 201902,16362.632.75$5,950
Mar 2019048556.803.06$1,485
Feb 201901,99550.852.79$5,570
Jan 201901,71446.033.23$5,533
Dec 20181613,15746.594.19$20,714
Nov 2018035152.934.24$1,487
Oct 2018052461.443.40$1,781
Sep 201802,29059.543.11$7,117
Aug 201802,41859.403.07$7,415
Jul 201802,72665.142.93$7,992
Jun 201802,54560.183.08$7,831
May 20181673,10165.382.90$19,914
Apr 201802,83463.842.90$8,221
Mar 201801661.222.79$45
Feb 201803061.782.77$83
Jan 201802,97962.874.01$11,944
Dec 201702,88757.272.92$8,434
Nov 20171863,02255.423.12$19,732
Oct 201703,38649.292.98$10,103
Sep 201701,80047.523.09$5,557
Aug 201702,60845.373.00$7,835
Jul 201703,10643.873.09$9,589
Jun 20171713,02142.493.09$16,592
May 201713,11545.373.26$10,211
Apr 201703,13747.933.21$10,075
Mar 201702,81546.772.98$8,399
Feb 20171802,87550.452.95$17,570
Jan 201703,47549.413.42$11,880
Dec 201603,41348.763.72$12,706
Nov 20161873,40542.492.64$16,950
Oct 201603,27846.193.09$10,130
Sep 201603,18441.553.10$9,872
Aug 201603,42341.442.92$10,010
Jul 201603,51841.622.92$10,288
Jun 20161853,33945.352.69$17,358
May 201603,17542.521.99$6,322
Apr 201603,28936.561.99$6,549
Mar 201603,24933.011.79$5,829
Feb 20161902,87826.472.06$10,968
Jan 201603,21527.352.36$7,601
Dec 201503,30532.362.00$6,615
Nov 201503,05538.792.17$6,621
Oct 20151883,20243.552.43$15,957
Sep 201503,08142.992.76$8,499
Aug 201503,06340.162.87$8,798
Jul 201502,92848.152.95$8,623
Jun 201502,87556.152.88$8,288
May 20151883,03855.212.96$19,358
Apr 201502,48349.822.71$6,720
Mar 201502,65442.892.93$7,789
Feb 201502,46944.662.98$7,348
Jan 20151922,70243.433.10$16,716
Dec 201403,10054.693.59$11,133
Nov 201403,24970.464.25$13,814
Oct 201403,20078.303.90$12,483
Sep 20141892,80486.164.05$27,628
Aug 201402,86789.394.04$11,569
Jul 201403,01996.564.18$12,618
Jun 20141752,62298.164.74$29,598
May 201402,78194.734.73$13,145
Apr 201403,05195.944.81$14,673
Mar 201402,85895.895.06$14,452
Feb 201412,36597.406.19$14,741
Jan 201413,84990.404.86$18,799
Dec 20131663,15991.824.35$28,998
Nov 201301,70488.853.74$6,370
Oct 201303,43797.423.78$12,990
Sep 201303,551104.113.72$13,202
Aug 20131772,900104.253.52$28,668
Jul 201302,900102.523.72$10,781
Jun 201302,93094.403.93$11,525
May 20131742,64694.834.15$27,479
Apr 201301,78893.964.28$7,657
Mar 201302,02593.623.91$7,924
Feb 201302,62091.233.42$8,960
Jan 201303,05491.603.42$10,444
Dec 201212,98186.773.42$10,282
Nov 20121771,42286.953.62$20,545
Oct 201202,92089.383.40$9,927
Sep 201201,68194.672.92$4,906
Aug 201203,36992.662.91$9,798
Jul 201203,07285.133.02$9,280
Jun 201203,52579.822.52$8,880
May 201203,76291.612.49$9,361
Apr 20121733,436101.652.00$24,446
Mar 201203,204105.052.22$7,120
Feb 201203,442101.102.57$8,847
Jan 20121803,70198.092.73$27,775
Dec 201103,91496.873.24$12,680
Nov 201103,78095.723.31$12,517
Oct 201101,94684.983.65$7,100
Sep 201101,59383.623.99$6,349
Aug 201101,12483.404.15$4,664
Jul 201102,26994.144.52$10,250
Jun 20111803,30692.904.64$32,061
May 201103,04698.134.40$13,417
Apr 201103,311105.964.33$14,347
Mar 201103,45896.364.06$14,030
Feb 20111772,54885.644.18$25,809
Jan 201103,45386.504.59$15,845
Dec 201002,83285.734.35$12,313
Nov 201001,75080.843.80$6,642
Oct 201003,25378.103.51$11,414
Sep 20101853,13272.633.98$25,900
Aug 201003,08373.684.42$13,625
Jul 201003,22972.554.74$15,294
Jun 201013,05570.364.91$15,072
May 201003,38271.124.24$14,324
Apr 201001,90181.694.12$7,837
Mar 20101922,71278.394.39$26,953
Feb 201002,50573.585.44$13,633
Jan 201003,07174.365.96$18,316
Dec 20091903,26671.445.48$31,484
Nov 200903,18074.593.75$11,930
Oct 200903,40572.544.11$13,995
Sep 20091943,33865.543.06$22,945
Aug 200903,18667.423.22$10,254
Jul 200901,86861.133.46$6,472
Jun 200903,28466.163.90$12,791
May 200903,59454.743.93$14,109
Apr 200901,93546.773.59$6,942
Mar 200902,02542.144.06$8,219
Feb 20091902,75932.814.63$19,016
Jan 200903,21335.865.37$17,257
Dec 200803,76737.105.98$22,516
Nov 20081943,56855.496.86$35,243
Oct 200803,89875.246.92$26,982
Sep 200802,860101.767.88$22,528
Aug 200803,990114.228.48$33,847
Jul 200813,775131.0811.39$43,126
Jun 20081953,586131.3313.03$72,344
May 20081973,762123.1711.57$67,807
Apr 200813,458110.3110.45$36,263
Mar 200803,447101.909.66$33,312
Feb 200803,33392.538.77$29,232
Jan 200802,92790.388.21$24,018
Dec 20071923,23388.337.30$40,567
Nov 200703,33191.677.29$24,289
Oct 200703,23082.856.92$22,358
Sep 200702,81975.846.24$17,602
Aug 200703,15669.066.39$20,160
Jul 200703,58470.906.39$22,894
Jun 200703,20062.007.55$24,155
May 20071913,58958.747.85$39,380
Apr 200701,65959.617.81$12,949
Mar 200703,10756.927.30$22,687
Feb 200713,87455.108.22$31,884
Jan 200701,74650.306.73$11,745
Dec 20062013,24856.656.92$33,858
Nov 200603,02454.207.62$23,035
Oct 200603,68254.906.01$22,143
Sep 200603,78760.085.04$19,076
Aug 200603,81968.717.34$28,031
Jul 20061963,95169.376.34$38,657
Jun 200603,67266.286.38$23,442
May 200603,99866.016.42$25,687
Apr 200612,46864.397.36$18,230
Mar 20060056.707.08$0
Feb 20061157.597.75$65
Jan 20060060.598.93$0
Dec 200501,03754.9413.42$13,912
Nov 200501,76554.6910.59$18,689
Oct 20051941,74758.3413.80$35,419
Sep 200502,43961.4512.08$29,461
Aug 200502,54061.519.80$24,884
Jul 200502,62355.697.84$20,574
Jun 20051902,96152.337.38$31,798
May 200503,10145.226.65$20,625
Apr 200502,77749.207.36$20,440
Mar 20051852,38850.377.15$26,404
Feb 200502,03445.226.31$12,838
Jan 20052032,85043.166.32$26,780
Dec 200402,37639.866.75$16,041
Nov 200402,85045.286.33$18,042
Oct 20041963,13549.706.52$30,166
Sep 200402,37443.245.28$12,544
Aug 200402,46042.375.55$13,655
Jul 200402,72638.286.08$16,585
Jun 20041942,67936.106.43$24,237
May 200402,71337.486.49$17,620
Apr 200413,14934.475.86$18,483
Mar 20041963,17234.365.53$24,276
Feb 200403,08332.455.51$16,986
Jan 20041963,18132.036.30$26,317
Dec 200303,17530.266.30$20,008
Nov 20031963,07328.804.60$19,766
Oct 200303,37628.174.76$16,069
Sep 2003192726.314.75$4,429
Aug 20031944,02729.765.13$26,431
Jul 200304,54029.415.17$23,476
Jun 200312,95928.565.98$17,732
May 200302,16926.595.97$12,955
Apr 20031922,50926.675.41$18,688
Mar 200313,25531.146.10$19,874
Feb 20031983,60333.487.93$35,186
Jan 200304,08130.315.58$22,780
Dec 20021914,58526.914.85$27,394
Nov 20021933,41324.664.14$18,879
Oct 200202,66326.464.23$11,262
Sep 200203,77527.443.64$13,723
Aug 200214,70225.963.16$14,904
Jul 20021845,54224.583.06$21,491
Jun 200215623.733.34$211
May 2002021824.663.58$781
Apr 200203823.653.51$133
Mar 200201,61022.003.10$4,995
Feb 200203,41918.222.38$8,122
Jan 20021954,22017.172.38$13,374
Dec 20011994,59416.932.36$14,231
Nov 200104,56118.072.41$10,972
Oct 200104,92319.782.53$12,450
Sep 200104,59024.262.25$10,334
Aug 20013654,63124.873.05$23,217
Jul 200104,53723.933.20$14,505
Jun 200104,09824.563.82$15,671
May 20011964,34025.524.31$23,696
Apr 200104,69624.685.34$25,055
Mar 20012005,11924.545.38$32,430
Feb 200104,72627.755.77$27,255
Jan 200105,08127.478.40$42,674
Dec 20001945,23126.889.12$52,935
Nov 200005,17032.215.66$29,252
Oct 200005,24931.235.15$27,009
Sep 200005,32031.875.19$27,592
Aug 200005,24329.644.54$23,807
Jul 200005,03028.534.09$20,571
Jun 20001924,58729.304.40$25,796
May 200004,37727.263.68$16,106
Apr 20001944,27624.513.12$18,079
Mar 200004,58628.422.86$13,115
Feb 200004,30927.622.73$11,748
Jan 20001944,65825.272.48$16,457
Dec 199904,73124.282.42$11,467
Nov 19991935,07223.192.43$16,821
Oct 199905,97320.982.80$16,747
Sep 19991935,97821.752.62$19,853
Aug 199906,49619.262.88$18,680
Jul 199907,57717.892.37$17,975
Jun 19993796,09815.942.36$20,445
May 199905,28615.792.32$12,269
Apr 19991826,47215.102.21$17,039
Mar 199906,61812.471.84$12,166
Feb 199906,4409.981.82$11,707
Jan 199905,84010.381.90$11,096
Dec 199803,7869.201.77$6,714
Nov 199801,97210.892.19$4,310
Oct 199802,77612.421.97$5,467
Sep 199805,84612.592.08$12,175
Aug 199806,83911.301.91$13,044
Jul 1998088211.742.24$1,973
Jun 199802,11411.242.24$4,730
May 199802,91312.622.21$6,427
Apr 19981733,87013.042.51$11,952
Mar 199802,69312.802.31$6,219
Feb 199802,71513.952.30$6,242
Jan 19981946,62414.702.15$17,125
Dec 199703,66316.322.41$8,832
Nov 199702,50118.193.09$7,724
Oct 19971723,15219.253.15$13,239
Sep 199702,34017.742.95$6,914
Aug 199705,87217.862.55$15,001
Jul 199703,41517.582.25$7,673
Jun 19971758,96917.242.26$23,262
May 199708,68718.972.31$20,054
Apr 19971775,19917.882.08$13,993
Mar 199706,92018.951.94$13,419
Feb 19971876,65020.492.21$18,501
Jan 19971867,66723.483.54$31,506
Dec 1996010,17823.32$0
Nov 19961601,87221.97$3,515
Oct 199602,11523.31$0
Sep 1996010,21422.22$0
Aug 199617511,58020.26$3,546
Jul 199616612,33619.55$3,245
Jun 1996012,23318.73$0
May 199617711,12119.43$3,439
Apr 199617512,05121.51$3,764
Mar 199617112,73219.38$3,314
Feb 199616612,65216.98$2,819
Jan 199635414,79517.07$6,043
Dec 19951718,26317.19$2,939
Nov 199503,50916.00$0
Oct 199503,44315.43$0
Sep 199503,65216.18$0
Aug 199503,49515.92$0
Jul 19953413,25015.24$5,197
Jun 199503,63816.41$0
May 199502,43017.56$0
Apr 199502,78717.73$0
Mar 199502,70016.44$0
Feb 199503,29716.58$0
Jan 199503,15515.92$0
Dec 19943223,43315.03$4,840
Nov 199403,44515.90$0
Oct 199403,27715.58$0
Sep 199402,69815.29$0
Aug 199402,13216.13$0
Jul 199402,04117.56$0
Jun 199402,66117.09$0
May 199402,16415.88$0
Apr 199402,54614.14$0
Mar 199402,18512.46$0
Feb 199401,92912.50$0
Jan 19943472,14112.66$4,393
Dec 199301,70412.33$0
Nov 199301,39014.49$0
Oct 199301,43415.85$0
Sep 199301,57715.03$0
Aug 199302,28215.66$0
Jul 199303,94915.46$0
Jun 199306,21416.79$0
May 19933588,15417.68$6,329
Apr 199303,12018.05$0
Mar 199306,60418.14$0
Feb 19933616,21917.90$6,462
Jan 199306,58416.93$0

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             0 bbl  × $106.41 =         $0
Gas                    3 Mcf  × $  3.05 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/89602 is the state's own key, not one this site invented.