GAEKE, LORETTA UNIT

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.

Oil lease lease 14702District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$6.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$94 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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

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
OilDisposition121,233 bbl$5,516,835
Casinghead gasProduction393,356 Mcf$1,300,551
Total$6,817,386

109,176 Mcf of this lease's gas, across 47 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 30.3472, -96.7815. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.34721, -96.78147 · 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
11,085 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 11,085 ft.

Completions filed
Aug 1995
1 of 1 wells

1 well

42-28730951111,085 ftAug 1995

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 2026187752106.413.05$22,189
Apr 202619158198.932.87$20,563
Mar 20261863289.753.15$16,794
Feb 20260063.503.75$0
Jan 20264859.138.00$301
Dec 2025186856.664.41$10,574
Nov 20250458.593.93$16
Oct 202521059.383.30$152
Sep 20250062.743.08$0
Aug 20251091863.933.01$7,023
Jul 202518229666.743.32$13,128
Jun 202571,00766.483.13$3,616
May 202535694660.553.23$24,614
Apr 202511562.363.54$116
Mar 20251667.704.27$93
Feb 20250070.884.34$0
Jan 2025145074.324.28$10,776
Dec 2024246468.993.12$1,586
Nov 202419978469.052.20$15,465
Oct 202420085371.372.28$16,220
Sep 20241901,07869.612.36$15,775
Aug 202418014775.632.06$13,917
Jul 2024340579.932.15$1,109
Jun 20241871978.082.63$14,651
May 202401378.812.20$29
Apr 2024121684.451.66$443
Mar 202418353780.301.55$15,525
Feb 202420163176.091.78$16,420
Jan 202418486673.023.30$16,291
Dec 202303571.262.61$91
Nov 202318457477.892.81$15,943
Oct 2023038685.443.09$1,192
Sep 202318415589.042.74$16,807
Aug 202317954480.522.67$15,867
Jul 20231965874.852.64$14,824
Jun 2023041968.962.26$946
May 2023052770.622.23$1,174
Apr 202332364578.122.24$26,676
Mar 202305872.852.39$139
Feb 202315275.112.47$203
Jan 202317422976.533.39$14,092
Dec 202204276.415.73$241
Nov 202219024685.005.65$17,539
Oct 2022063587.185.86$3,723
Sep 202218419884.888.16$17,234
Aug 202217751294.529.13$21,403
Jul 2022185906101.587.54$25,625
Jun 2022188447115.097.98$25,203
May 2022022109.378.43$186
Apr 2022188426104.226.84$22,506
Mar 2022192834108.885.08$25,139
Feb 2022042891.054.86$2,080
Jan 202219686381.844.54$19,957
Dec 202118457171.323.90$15,349
Nov 202119289677.435.24$19,559
Oct 202119147379.795.71$17,943
Sep 202117897969.865.35$17,674
Aug 20211881,01666.024.22$16,700
Jul 20211721,02770.783.98$16,264
Jun 20211918969.493.38$13,573
May 2021010563.483.02$317
Apr 2021024160.362.76$665
Mar 202155998961.302.72$36,954
Feb 2021024157.805.55$1,337
Jan 2021080750.412.81$2,268
Dec 202037785444.642.68$19,114
Nov 202019684838.772.71$9,894
Oct 20201921,19836.972.48$10,067
Sep 20201921,21137.091.99$9,532
Aug 202018434939.982.39$8,189
Jul 20201789238.371.83$6,998
Jun 202037763934.901.69$14,237
May 2020052716.921.81$956
Apr 202017173414.751.80$3,847
Mar 202017029130.341.86$5,698
Feb 202017984949.881.98$10,610
Jan 202017289857.252.09$11,728
Dec 201916886959.012.30$11,916
Nov 20193351,32555.302.75$22,170
Oct 201916574453.472.42$10,622
Sep 20193321,38455.052.66$21,954
Aug 20193351,23353.112.30$20,633
Jul 201932879156.272.46$20,402
Jun 201916734652.782.49$9,676
May 20190758.482.74$19
Apr 201917439962.632.75$11,995
Mar 201934027356.803.06$20,148
Feb 201917141650.852.79$9,857
Jan 201951598046.033.23$26,869
Dec 201850573546.594.19$26,604
Nov 201818051152.934.24$11,693
Oct 201816535361.443.40$11,337
Sep 201817625859.543.11$11,281
Aug 201815930059.403.07$10,365
Jul 201817525565.142.93$12,147
Jun 201817322260.183.08$11,094
May 201816721565.382.90$11,542
Apr 201816923263.842.90$11,462
Mar 201819261.222.79$318
Feb 201846937461.782.77$30,009
Jan 201816762.874.01$331
Dec 20175057.272.92$286
Nov 2017151055.423.12$8,368
Oct 20173049.292.98$148
Sep 20175047.523.09$238
Aug 20175045.373.00$227
Jul 2017119643.873.09$649
Jun 201717828842.493.09$8,452
May 201716432045.373.26$8,485
Apr 201717532747.933.21$9,438
Mar 201716858446.772.98$9,600
Feb 201716536850.452.95$9,411
Jan 201717933449.413.42$9,986
Dec 201616821148.763.72$8,977
Nov 2016225342.492.64$754
Oct 201617524046.193.09$8,825
Sep 201616522241.553.10$7,544
Aug 201616929841.442.92$7,875
Jul 2016125541.622.92$787
Jun 201617028945.352.69$8,486
May 2016131842.521.99$676
Apr 201617039536.561.99$7,002
Mar 201632969533.011.79$12,107
Feb 201632749426.472.06$9,675
Jan 201617389627.352.36$6,850
Dec 201517181032.362.00$7,155
Nov 201517959038.792.17$8,222
Oct 201532859243.552.43$15,721
Sep 201532958142.992.76$15,746
Aug 201517754040.162.87$8,659
Jul 201517259848.152.95$10,043
Jun 201533652856.152.88$20,389
May 201533169455.212.96$20,326
Apr 201517568649.822.71$10,575
Mar 201550071142.892.93$23,532
Feb 2015239344.662.98$1,259
Jan 201517561043.433.10$9,492
Dec 201434866954.693.59$21,435
Nov 201418066170.464.25$15,493
Oct 201434958978.303.90$29,624
Sep 201417360886.164.05$17,365
Aug 201434461989.394.04$33,248
Jul 201417457396.564.18$19,196
Jun 201417851498.164.74$19,907
May 201434249294.734.73$34,723
Apr 201417857595.944.81$19,843
Mar 201435160595.895.06$36,717
Feb 201418152197.406.19$20,855
Jan 201417161390.404.86$18,438
Dec 201334765791.824.35$34,722
Nov 201334365488.853.74$32,920
Oct 201334067697.423.78$35,678
Sep 2013174770104.113.72$20,978
Aug 2013176448104.253.52$19,926
Jul 2013340714102.523.72$37,511
Jun 201350990494.403.93$51,605
May 201318072294.834.15$20,065
Apr 201317231093.964.28$17,489
Mar 201317941293.623.91$18,370
Feb 201335142191.233.42$33,462
Jan 201318146491.603.42$18,166
Dec 201217735886.773.42$16,583
Nov 201218442786.953.62$17,547
Oct 20123621,03889.383.40$35,884
Sep 201235199894.672.92$36,142
Aug 201217658492.662.91$18,007
Jul 20123491,16185.133.02$33,218
Jun 201217042079.822.52$14,627
May 20123671,32191.612.49$36,908
Apr 20123501,385101.652.00$38,343
Mar 2012180550105.052.22$20,131
Feb 20123511,392101.102.57$39,064
Jan 20125411,50198.092.73$57,171
Dec 20113621,45096.873.24$39,765
Nov 201116780895.723.31$18,661
Oct 201134897384.983.65$33,123
Sep 20115201,29783.623.99$48,652
Aug 20115371,33283.404.15$50,313
Jul 20117071,28794.144.52$72,371
Jun 20115201,04692.904.64$53,161
May 2011243598.134.40$2,112
Apr 2011356620105.964.33$40,408
Mar 201117983596.364.06$20,636
Feb 201117976285.644.18$18,515
Jan 201151584286.504.59$48,411
Dec 20103511,00185.734.35$34,443
Nov 201018687680.843.80$18,361
Oct 201018347478.103.51$15,956
Sep 201017777872.633.98$15,952
Aug 201036080973.684.42$30,100
Jul 201035082572.554.74$29,300
Jun 201033879770.364.91$27,695
May 201017263671.124.24$14,926
Apr 201016946781.694.12$15,731
Mar 201016971278.394.39$16,373
Feb 201033967573.585.44$28,617
Jan 201034075574.365.96$29,785
Dec 200917877971.445.48$16,988
Nov 200934580774.593.75$28,761
Oct 200940781172.544.11$32,857
Sep 200917480165.543.06$13,859
Aug 200917583767.423.22$14,492
Jul 200935091261.133.46$24,555
Jun 200917582266.163.90$14,780
May 200934484654.743.93$22,152
Apr 2009379246.773.59$2,982
Mar 200934465242.144.06$17,143
Feb 200918182232.814.63$9,747
Jan 20093551,09835.865.37$18,628
Dec 200817864437.105.98$10,453
Nov 20083561,07255.496.86$27,109
Oct 20083591,14675.246.92$34,944
Sep 2008180814101.767.88$24,729
Aug 20083601,630114.228.48$54,947
Jul 20083571,373131.0811.39$62,433
Jun 20081114131.3313.03$1,617
May 2008353953123.1711.57$54,509
Apr 20083591,866110.3110.45$59,110
Mar 20085361,297101.909.66$67,153
Feb 2008115792.538.77$1,470
Jan 200818078190.388.21$22,677
Dec 200717696188.337.30$22,563
Nov 20073531,76691.677.29$45,237
Oct 20073641,26982.856.92$38,941
Sep 200718288275.846.24$19,310
Aug 20073571,60169.066.39$34,882
Jul 20073501,58070.906.39$34,908
Jun 20073601,59062.007.55$34,322
May 20073551,59058.747.85$33,328
Apr 20071771,40659.617.81$21,525
Mar 20075331,81256.927.30$43,570
Feb 20073551,35855.108.22$30,718
Jan 20073471,25350.306.73$25,883
Dec 20066971,44356.656.92$49,468
Nov 20065281,33454.207.62$38,779
Oct 20065251,11554.906.01$35,528
Sep 200635793560.085.04$26,158
Aug 200635086068.717.34$30,361
Jul 20065241,65969.376.34$46,873
Jun 20065061,50366.286.38$43,133
May 20066911,62666.016.42$56,060
Apr 20063541,47264.397.36$33,629
Mar 20065211,48656.707.08$40,066
Feb 20065261,26257.597.75$40,074
Jan 20065291,21560.598.93$42,906
Dec 200535089854.9413.42$31,276
Nov 2005016054.6910.59$1,694
Oct 20051791,23058.3413.80$27,412
Sep 20057101,60161.4512.08$62,968
Aug 20055261,88461.519.80$50,812
Jul 20053511,95755.697.84$34,897
Jun 20055231,86952.337.38$41,164
May 20055282,27445.226.65$39,001
Apr 20053382,05449.207.36$31,748
Mar 20055252,26950.377.15$42,679
Feb 200518217145.226.31$9,309
Jan 20055332,56343.166.32$39,208
Dec 20041762,64439.866.75$24,865
Nov 20045262,42845.286.33$39,188
Oct 20045202,50849.706.52$42,184
Sep 20045201,56643.245.28$30,759
Aug 20045191,53142.375.55$30,488
Jul 20048511,38538.286.08$41,003
Jun 20048631,66136.106.43$41,840
May 20048681,20437.486.49$40,352
Apr 20048621,46834.475.86$38,313
Mar 20041,0421,37234.365.53$43,390
Feb 20046921,24632.455.51$29,320
Jan 20041,0391,42832.036.30$42,275
Dec 20038711,25430.266.30$34,259
Nov 20038651,24028.804.60$30,610
Oct 20031,1301,48028.174.76$38,876
Sep 20031,1221,33526.314.75$35,860
Aug 20039261,34429.765.13$34,452
Jul 20031,1211,02629.415.17$38,274
Jun 200356281028.565.98$20,897
May 200337339626.595.97$12,283
Apr 200375079026.675.41$24,274
Mar 200356970231.146.10$21,998
Feb 200394160133.487.93$36,268
Jan 200357174730.315.58$21,477
Dec 200219467326.914.85$8,487
Nov 200218740624.664.14$6,291
Oct 200219255226.464.23$7,415
Sep 2002536427.443.64$1,460
Aug 2002010925.963.16$345
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20011018.072.41$18
Oct 20010019.782.53$0
Sep 20015024.262.25$121
Aug 20016024.873.05$149
Jul 20012023.933.20$48
Jun 20010024.563.82$0
May 200119023425.524.31$5,857
Apr 200119137224.685.34$6,699
Mar 200118465324.545.38$8,026
Feb 200119652727.755.77$8,478
Jan 2001160427.478.40$5,100
Dec 200019033426.889.12$8,154
Nov 200019377432.215.66$10,596
Oct 200018875431.235.15$9,751
Sep 200017895531.875.19$10,626
Aug 200018494029.644.54$9,722
Jul 200018792928.534.09$9,134
Jun 20001851,01629.304.40$9,888
May 20003671,26327.263.68$14,652
Apr 20001891,18624.513.12$8,328
Mar 20001831,53728.422.86$9,596
Feb 20003801,62027.622.73$14,913
Jan 20001861,74325.272.48$9,024
Dec 19993771,94924.282.42$13,877
Nov 19993731,97623.192.43$13,459
Oct 19991881,28620.982.80$7,550
Sep 19991841,09321.752.62$6,864
Aug 19991852,05219.262.88$9,464
Jul 19993741,73717.892.37$10,812
Jun 19993691,63315.942.36$9,739
May 19993772,90715.792.32$12,700
Apr 19995372,68615.102.21$14,040
Mar 19997522,39012.471.84$13,771
Feb 19999211,8779.981.82$12,604
Jan 19999211,87810.381.90$13,128
Dec 19981,0921,9899.201.77$13,574
Nov 19981,2871,75610.892.19$17,854
Oct 19987341,23412.421.97$11,546
Sep 199837792912.592.08$6,681
Aug 19989351,13311.301.91$12,727
Jul 199861,17111.742.24$2,690
Jun 19981891,11311.242.24$4,614
May 199818976712.622.21$4,077
Apr 19983731,26213.042.51$8,026
Mar 19982071,04612.802.31$5,065
Feb 19983761,31013.952.30$8,257
Jan 19983841,38614.702.15$8,631
Dec 19975561,61916.322.41$12,977
Nov 19975111,52818.193.09$14,014
Oct 199755062019.253.15$12,540
Sep 19973701,92617.742.95$12,255
Aug 19971909317.862.55$3,631
Jul 199737484817.582.25$8,480
Jun 19971921,28317.242.26$6,206
May 19977371,95818.972.31$18,501
Apr 19971921,37817.882.08$6,303
Mar 199774358218.951.94$15,208
Feb 19977351,49720.492.21$18,362
Jan 19971951,46723.483.54$9,771
Dec 19963861,92123.32$9,002
Nov 19961,1172,35021.97$24,540
Oct 19963621,53823.31$8,438
Sep 19961881,62322.22$4,177
Aug 19969203,23720.26$18,639
Jul 19963821,85819.55$7,468
Jun 19963832,83318.73$7,174
May 19963873,09119.43$7,519
Apr 19963812,43521.51$8,195
Mar 19963614,54519.38$6,996
Feb 19965654,62216.98$9,594
Jan 19965615,51817.07$9,576
Dec 19959486,46517.19$16,296
Nov 19951,8817,94616.00$30,096
Oct 19952,36910,15515.43$36,554
Sep 19955,71417,29816.18$92,453
Aug 19951,6498,11415.92$26,252
Jul 199530858915.24$4,694
Jun 199536485616.41$5,973
May 199574487917.56$13,065
Apr 19951766717.73$301
Mar 199519081716.44$3,124
Feb 199512683416.58$2,089
Jan 1995694015.92$96
Dec 19941841,40115.03$2,766
Nov 19940015.90$0
Oct 199461815.58$93
Sep 199418220015.29$2,783
Aug 1994566516.13$81
Jul 199459517.56$88
Jun 1994471017.09$68
May 199414572115.88$2,303
Apr 1994659714.14$85
Mar 199417593212.46$2,181
Feb 1994676412.50$75
Jan 199418178212.66$2,291
Dec 1993687312.33$74
Nov 199318291514.49$2,637
Oct 1993489015.85$63
Sep 1993595515.03$75
Aug 199311786715.66$1,832
Jul 199316491415.46$2,535
Jun 1993394216.79$50
May 199333795617.68$5,958
Apr 199311,00818.05$18
Mar 1993286718.14$36
Feb 199318594617.90$3,312
Jan 199311,02716.93$17

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
Oil                  187 bbl  × $106.41 =    $19,899
Casinghead gas       752 Mcf  × $  3.05 =     $2,290

────────────────────────────────────────────────────
Month total                                  $22,189

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/O/14702 is the state's own key, not one this site invented.