NITRO 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 14873District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$7.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$2 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
OilDisposition65,723 bbl$3,189,429
Casinghead gasProduction667,108 Mcf$4,017,020
Total$7,206,449

16 Mcf of this lease's gas, across 16 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 29.8869, -96.9319. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.88690, -96.93192 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,705 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
1100.0%
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.
00.0%

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 10,705 ft.

Completions filed
Dec 2003
1 of 1 wells

1 well

42-14931163110,705 ftDec 2003Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025011162.743.08$342
Aug 2025014563.933.01$437
Jul 2025013766.743.32$454
Jun 2025013466.483.13$419
May 2025019160.553.23$617
Apr 2025015162.363.54$535
Mar 2025026267.704.27$1,118
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202405168.993.12$159
Nov 20240069.052.20$0
Oct 202404971.372.28$112
Sep 20240069.612.36$0
Aug 2024010675.632.06$219
Jul 202404379.932.15$92
Jun 2024014578.082.63$382
May 2024024278.812.20$532
Apr 202401584.451.66$25
Mar 202405780.301.55$88
Feb 202405776.091.78$102
Jan 202405073.023.30$165
Dec 202305971.262.61$154
Nov 202303377.892.81$93
Oct 202306285.443.09$191
Sep 202302389.042.74$63
Aug 20231291180.522.67$10,416
Jul 202303974.852.64$103
Jun 202306368.962.26$142
May 202308670.622.23$192
Apr 2023015678.122.24$349
Mar 2023020372.852.39$486
Feb 2023023375.112.47$575
Jan 2023030276.533.39$1,023
Dec 2022037176.415.73$2,125
Nov 202216463185.005.65$17,503
Oct 2022075687.185.86$4,433
Sep 2022064784.888.16$5,282
Aug 2022064894.529.13$5,914
Jul 20220369101.587.54$2,783
Jun 202205115.097.98$40
May 20220337109.378.43$2,842
Apr 20220310104.226.84$2,120
Mar 20220281108.885.08$1,426
Feb 2022030691.054.86$1,487
Jan 2022031281.844.54$1,416
Dec 2021032971.323.90$1,283
Nov 2021035677.435.24$1,864
Oct 2021020279.795.71$1,154
Sep 2021019069.865.35$1,017
Aug 2021020866.024.22$878
Jul 2021018070.783.98$717
Jun 2021119569.493.38$729
May 2021033163.483.02$999
Apr 2021013360.362.76$367
Mar 2021031561.302.72$856
Feb 2021020557.805.55$1,137
Jan 2021038050.412.81$1,068
Dec 2020038344.642.68$1,025
Nov 2020037638.772.71$1,018
Oct 2020239436.972.48$1,050
Sep 2020038937.091.99$775
Aug 2020040939.982.39$976
Jul 2020041538.371.83$757
Jun 2020140434.901.69$718
May 2020241616.921.81$789
Apr 2020042414.751.80$765
Mar 2020046330.341.86$859
Feb 2020042049.881.98$832
Jan 2020042857.252.09$897
Dec 2019042359.012.30$975
Nov 2019042055.302.75$1,155
Oct 2019044053.472.42$1,064
Sep 2019024755.052.66$656
Aug 2019025653.112.30$590
Jul 2019033856.272.46$832
Jun 201911142052.782.49$6,905
May 2019024758.482.74$677
Apr 2019039362.632.75$1,081
Mar 2019052856.803.06$1,617
Feb 2019048150.852.79$1,343
Jan 2019052546.033.23$1,695
Dec 2018053446.594.19$2,235
Nov 2018052652.934.24$2,229
Oct 2018156861.443.40$1,992
Sep 2018156859.543.11$1,825
Aug 2018160059.403.07$1,899
Jul 2018062665.142.93$1,835
Jun 2018052660.183.08$1,618
May 2018556765.382.90$1,972
Apr 2018059763.842.90$1,732
Mar 2018036461.222.79$1,014
Feb 2018050061.782.77$1,383
Jan 2018049762.874.01$1,993
Dec 2017276157.272.92$2,338
Nov 2017753255.423.12$2,047
Oct 2017059449.292.98$1,772
Sep 2017047647.523.09$1,470
Aug 2017057045.373.00$1,713
Jul 2017070543.873.09$2,177
Jun 20171931,00142.493.09$11,291
May 201701,39245.373.26$4,543
Apr 201701,32547.933.21$4,255
Mar 201718968546.772.98$10,883
Feb 2017043850.452.95$1,293
Jan 201719568849.413.42$11,987
Dec 2016060348.763.72$2,245
Nov 201618679842.492.64$10,013
Oct 201601,03646.193.09$3,202
Sep 20161921,08941.553.10$11,354
Aug 2016094441.442.92$2,761
Jul 20161841,20741.622.92$11,188
Jun 2016094645.352.69$2,541
May 20161921,26242.521.99$10,677
Apr 201601,34036.561.99$2,668
Mar 201601,49433.011.79$2,680
Feb 20161941,30126.472.06$7,820
Jan 20161911,33527.352.36$8,380
Dec 201501,69632.362.00$3,394
Nov 20151791,58038.792.17$10,368
Oct 20151802,13743.552.43$13,025
Sep 2015066642.992.76$1,837
Aug 2015027140.162.87$778
Jul 2015051048.152.95$1,502
Jun 2015049256.152.88$1,418
May 201518267255.212.96$12,034
Apr 2015038349.822.71$1,037
Mar 2015035142.892.93$1,030
Feb 2015069144.662.98$2,057
Jan 201501,31043.433.10$4,062
Dec 20141941,47154.693.59$15,893
Nov 201401,82770.464.25$7,768
Oct 201418888678.303.90$18,177
Sep 2014084386.164.05$3,410
Aug 2014017189.394.04$690
Jul 2014054396.564.18$2,270
Jun 2014060098.164.74$2,842
May 2014099894.734.73$4,717
Apr 20141941,02595.944.81$23,542
Mar 201401,14995.895.06$5,810
Feb 201401,06497.406.19$6,588
Jan 201401,36290.404.86$6,620
Dec 20131901,89091.824.35$25,676
Nov 20131831,95588.853.74$23,568
Oct 201301,95297.423.78$7,377
Sep 20131821,993104.113.72$26,357
Aug 201302,089104.253.52$7,359
Jul 20131822,118102.523.72$26,533
Jun 201302,14294.403.93$8,425
May 20131872,08694.834.15$26,388
Apr 201301,28093.964.28$5,482
Mar 20131951,79693.623.91$25,283
Feb 201302,02991.233.42$6,939
Jan 20131932,19791.603.42$25,192
Dec 20121892,26186.773.42$24,133
Nov 201202,22586.953.62$8,066
Oct 20121892,35989.383.40$24,913
Sep 201202,39694.672.92$6,992
Aug 20121911,82392.662.91$23,000
Jul 2012078785.133.02$2,377
Jun 201201,20779.822.52$3,040
May 20121891,81591.612.49$21,831
Apr 201202,443101.652.00$4,878
Mar 20121741,396105.052.22$21,381
Feb 201201,820101.102.57$4,678
Jan 20121942,17598.092.73$24,976
Dec 20111771,75996.873.24$22,845
Nov 201101,70795.723.31$5,652
Oct 20111821,72584.983.65$21,760
Sep 201101,79083.623.99$7,135
Aug 20111871,95683.404.15$23,712
Jul 201101,44294.144.52$6,514
Jun 20111931,91892.904.64$26,829
May 201101,53298.134.40$6,748
Apr 20111931,907105.964.33$28,714
Mar 20111952,22196.364.06$27,802
Feb 201101,40685.644.18$5,877
Jan 20111962,04186.504.59$26,320
Dec 201002,23285.734.35$9,704
Nov 20101932,09580.843.80$23,553
Oct 20101922,01778.103.51$22,073
Sep 201002,14772.633.98$8,544
Aug 20101912,36973.684.42$24,542
Jul 201002,17772.554.74$10,311
Jun 20101922,39270.364.91$25,255
May 20101933,46671.124.24$28,405
Apr 201002,33081.694.12$9,606
Mar 20101903,21378.394.39$28,995
Feb 20101972,97973.585.44$30,708
Jan 20101963,18774.365.96$33,582
Dec 200902,39071.445.48$13,106
Nov 20091922,60574.593.75$24,094
Oct 20091832,86372.544.11$25,042
Sep 200903,37265.543.06$10,334
Aug 20091923,71267.423.22$24,892
Jul 20091903,61761.133.46$24,146
Jun 20091893,63466.163.90$26,659
May 20091896,01354.743.93$33,951
Apr 20091875,92346.773.59$29,995
Mar 20093824,90942.144.06$36,023
Feb 20091793,96232.814.63$24,229
Jan 20091904,74535.865.37$32,299
Dec 20081954,26737.105.98$32,739
Nov 20081964,38555.496.86$40,959
Oct 20083835,05975.246.92$63,835
Sep 20081933,970101.767.88$50,912
Aug 20081954,553114.228.48$60,896
Jul 20083925,482131.0811.39$113,820
Jun 20081925,870131.3313.03$101,717
May 20081943,001123.1711.57$58,629
Apr 20081963,601110.3110.45$59,269
Mar 20081945,156101.909.66$69,597
Feb 20083915,72792.538.77$86,408
Jan 20081953,98390.388.21$50,308
Dec 20071963,09188.337.30$39,883
Nov 20071974,71091.677.29$52,403
Oct 20071935,12682.856.92$51,472
Sep 20071934,72875.846.24$44,160
Aug 20073845,16169.066.39$59,487
Jul 20072016,11870.906.39$53,332
Jun 20071965,57162.007.55$54,204
May 20073985,74558.747.85$68,455
Apr 20071975,96059.617.81$58,262
Mar 20073924,96756.927.30$58,582
Feb 20071983,64355.108.22$40,841
Jan 20073924,87950.306.73$52,538
Dec 20061905,25656.656.92$47,127
Nov 20061875,40554.207.62$51,308
Oct 20065595,58454.906.01$64,270
Sep 20063725,14160.085.04$48,246
Aug 20063686,87368.717.34$75,733
Jul 20063737,34569.376.34$72,463
Jun 20065528,92166.286.38$93,537
May 200655310,41566.016.42$103,420
Apr 20063795,32564.397.36$63,598
Mar 20063513,38356.707.08$43,863
Feb 20063633,05757.597.75$44,600
Jan 20061842,75360.598.93$35,742
Dec 20051692,56754.9413.42$43,722
Nov 20053513,18554.6910.59$52,920
Oct 20055196,68758.3413.80$122,531
Sep 20052956,28561.4512.08$94,044
Aug 20056337,15561.519.80$109,032
Jul 20055327,50555.697.84$88,494
Jun 20057138,22852.337.38$98,042
May 20055377,69545.226.65$75,464
Apr 20057439,47349.207.36$106,281
Mar 20055549,22750.377.15$93,923
Feb 20057079,04445.226.31$89,056
Jan 20058959,22443.166.32$96,944
Dec 20049238,67439.866.75$95,350
Nov 20041,0599,88745.286.33$110,540
Oct 20041,27311,33649.706.52$137,123
Sep 20041,08810,85943.245.28$104,423
Aug 20041,57713,45142.375.55$141,479
Jul 20041,97413,35538.286.08$156,819
Jun 20041,81013,45036.106.43$151,865
May 20042,14116,37337.486.49$186,580
Apr 20042,72817,77134.475.86$198,145
Mar 20044,69520,45734.365.53$274,450
Feb 20045,58218,09532.455.51$280,832
Jan 200411,13523,07632.036.30$502,025
Dec 20031,2581,29030.266.30$46,196
Nov 2003423028.804.60$12,182
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
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 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940115.29$0
Aug 19940116.13$0
Jul 19940117.56$0
Jun 19940017.09$0
May 19940115.88$0
Apr 19940114.14$0
Mar 19940112.46$0
Feb 199446112.50$575
Jan 19940112.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930015.85$0
Sep 1993109015.03$1,638
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930116.79$0
May 19930117.68$0
Apr 199342118.05$758
Mar 199390118.14$1,633
Feb 19930117.90$0
Jan 19930116.93$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.

Sep 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 62.74 =         $0
Casinghead gas       111 Mcf  × $  3.08 =       $342

────────────────────────────────────────────────────
Month total                                     $342

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/14873 is the state's own key, not one this site invented.