PANLUS, ALICE 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 14880District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$227 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
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
OilDisposition96,604 bbl$5,025,795
Casinghead gasProduction83,375 Mcf$251,051
Total$5,276,846

21,826 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 29.7011, -97.1776. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.70108, -97.17764 · 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
9,218 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 9,218 ft.

Completions filed
Oct 1981
1 of 1 wells

1 well

42-149312001 A9,218 ftOct 1981

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 20261610106.413.05$17,132
Apr 2026187098.932.87$18,500
Mar 2026170089.753.15$15,258
Feb 2026173063.503.75$10,986
Jan 2026336059.138.00$19,868
Dec 2025356056.664.41$20,171
Nov 2025178058.593.93$10,429
Oct 2025374059.383.30$22,208
Sep 2025361062.743.08$22,649
Aug 2025503063.933.01$32,157
Jul 2025368066.743.32$24,560
Jun 2025190066.483.13$12,631
May 2025370060.553.23$22,404
Apr 2025381062.363.54$23,759
Mar 2025380067.704.27$25,726
Feb 2025379070.884.34$26,864
Jan 2025193074.324.28$14,344
Dec 2024190068.993.12$13,108
Nov 2024189069.052.20$13,050
Oct 2024171071.372.28$12,204
Sep 2024179069.612.36$12,460
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20241078.082.63$78
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20231077.892.81$78
Oct 2023174085.443.09$14,867
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023184074.852.64$13,772
Jun 20230068.962.26$0
May 2023184070.622.23$12,994
Apr 20230078.122.24$0
Mar 20231072.852.39$73
Feb 2023174075.112.47$13,069
Jan 20230076.533.39$0
Dec 2022196076.415.73$14,976
Nov 20220085.005.65$0
Oct 2022156087.185.86$13,600
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20221880101.587.54$19,097
Jun 202200115.097.98$0
May 20221830109.378.43$20,015
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022180091.054.86$16,389
Jan 20220081.844.54$0
Dec 2021189071.323.90$13,479
Nov 20210077.435.24$0
Oct 2021188079.795.71$15,001
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021170070.783.98$12,033
Jun 20210069.493.38$0
May 2021171063.483.02$10,855
Apr 20210060.362.76$0
Mar 2021183061.302.72$11,218
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020175044.642.68$7,812
Nov 2020179038.772.71$6,940
Oct 20200036.972.48$0
Sep 2020195037.091.99$7,233
Aug 20200039.982.39$0
Jul 2020169038.371.83$6,485
Jun 2020187034.901.69$6,526
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020159049.881.98$7,931
Jan 2020190057.252.09$10,878
Dec 20190059.012.30$0
Nov 2019170055.302.75$9,401
Oct 2019178053.472.42$9,518
Sep 20190055.052.66$0
Aug 2019171053.112.30$9,082
Jul 2019170056.272.46$9,566
Jun 20190052.782.49$0
May 2019174058.482.74$10,176
Apr 20190062.632.75$0
Mar 20191884256.803.06$10,807
Feb 201914850.852.79$185
Jan 20191645446.033.23$7,723
Dec 20181814546.594.19$8,621
Nov 20181764852.934.24$9,519
Oct 201805161.443.40$173
Sep 20181684559.543.11$10,143
Aug 201805459.403.07$166
Jul 20181395165.142.93$9,204
Jun 201818221660.183.08$11,617
May 201818522865.382.90$12,757
Apr 201818119263.842.90$12,112
Mar 201818421661.222.79$11,866
Feb 2018018061.782.77$498
Jan 201817515662.874.01$11,628
Dec 201716718057.272.92$10,090
Nov 201718420455.423.12$10,833
Oct 201716619249.292.98$8,755
Sep 201717725247.523.09$9,189
Aug 201718719245.373.00$9,061
Jul 2017020443.873.09$630
Jun 201718322842.493.09$8,480
May 201714720445.373.26$7,335
Apr 201718319247.933.21$9,388
Mar 201717322846.772.98$8,771
Feb 201735119250.452.95$18,275
Jan 2017021649.413.42$738
Dec 201637622848.763.72$19,183
Nov 201616320442.492.64$7,465
Oct 201616921646.193.09$8,474
Sep 201617624041.553.10$8,057
Aug 201618522841.442.92$8,333
Jul 201618319241.622.92$8,178
Jun 201618421645.352.69$8,925
May 201617320442.521.99$7,762
Apr 201617019236.561.99$6,597
Mar 201616922833.011.79$5,988
Feb 201617318026.472.06$4,951
Jan 201619219227.352.36$5,705
Dec 201534126432.362.00$11,563
Nov 201517124038.792.17$7,153
Oct 201537912843.552.43$16,816
Sep 2015012042.992.76$331
Aug 201535619240.162.87$14,848
Jul 201517922848.152.95$9,290
Jun 201518926456.152.88$11,373
May 201519019255.212.96$11,057
Apr 201518430049.822.71$9,979
Mar 201518921642.892.93$8,740
Feb 201536331244.662.98$17,140
Jan 201537122843.433.10$16,819
Dec 201418934854.693.59$11,586
Nov 201418836070.464.25$14,777
Oct 201437228878.303.90$30,251
Sep 201418933686.164.05$17,644
Aug 201437837289.394.04$35,290
Jul 201418937296.564.18$19,805
Jun 201437436098.164.74$38,417
May 201418822894.734.73$18,887
Apr 201437536095.944.81$37,709
Mar 201473536095.895.06$72,300
Feb 201455430097.406.19$55,817
Jan 201455821690.404.86$51,493
Dec 20133516091.824.35$32,490
Nov 20131849688.853.74$16,707
Oct 201319020497.423.78$19,281
Sep 2013378336104.113.72$40,603
Aug 2013373372104.253.52$40,196
Jul 2013379360102.523.72$40,193
Jun 201336533694.403.93$35,778
May 201355136094.834.15$53,745
Apr 201338018093.964.28$36,476
Mar 201318720493.623.91$18,305
Feb 201356819291.233.42$52,475
Jan 201338222891.603.42$35,771
Dec 201238018086.773.42$33,588
Nov 201256921686.953.62$50,258
Oct 201237421689.383.40$34,162
Sep 20123769694.672.92$35,876
Aug 201219110892.662.91$18,012
Jul 201237620485.133.02$32,625
Jun 201234018079.822.52$27,592
May 201237222891.612.49$34,646
Apr 2012556192101.652.00$56,901
Mar 201218660105.052.22$19,673
Feb 2012353192101.102.57$36,182
Jan 201219020498.092.73$19,195
Dec 201152221696.873.24$51,266
Nov 201136319295.723.31$35,382
Oct 201137419284.983.65$32,483
Sep 201137021683.623.99$31,800
Aug 201137621683.404.15$32,255
Jul 201137419294.144.52$36,076
Jun 201136320492.904.64$34,669
May 201137919298.134.40$38,037
Apr 2011381192105.964.33$41,203
Mar 201137522896.364.06$37,060
Feb 201119118085.644.18$17,110
Jan 201137119286.504.59$32,973
Dec 201037721685.734.35$33,259
Nov 201038116880.843.80$31,438
Oct 201037420478.103.51$29,925
Sep 201037124072.633.98$27,901
Aug 201037719273.684.42$28,626
Jul 201038116872.554.74$28,437
Jun 201018414470.364.91$13,653
May 201038014471.124.24$27,635
Apr 201037815681.694.12$31,522
Mar 201038115678.394.39$30,551
Feb 201018814473.585.44$14,617
Jan 201037814474.365.96$28,967
Dec 200919312071.445.48$14,446
Nov 200937613274.593.75$28,541
Oct 200937916872.544.11$28,183
Sep 200938115665.543.06$25,449
Aug 200937814467.423.22$25,948
Jul 200937716861.133.46$23,628
Jun 20091946066.163.90$13,069
May 200907254.743.93$283
Apr 200938013246.773.59$18,246
Mar 200937814442.144.06$16,513
Feb 200919314432.814.63$6,999
Jan 200936716835.865.37$14,063
Dec 200837515637.105.98$14,845
Nov 200837214455.496.86$21,630
Oct 200819316875.246.92$15,684
Sep 2008370120101.767.88$38,596
Aug 2008369144114.228.48$43,369
Jul 2008368168131.0811.39$50,151
Jun 2008189144131.3313.03$26,698
May 2008544168123.1711.57$68,949
Apr 2008181156110.3110.45$21,597
Mar 2008367144101.909.66$38,789
Feb 200836715692.538.77$35,327
Jan 200818516890.388.21$18,099
Dec 200737914488.337.30$34,529
Nov 200718616891.677.29$18,276
Oct 200736014482.856.92$30,823
Sep 200736814475.846.24$28,808
Aug 200719110869.066.39$13,880
Jul 200718214470.906.39$13,824
Jun 200717912062.007.55$12,004
May 200736118058.747.85$22,617
Apr 200717814459.617.81$11,735
Mar 200735515656.927.30$21,346
Feb 200717914455.108.22$11,046
Jan 20071807250.306.73$9,538
Dec 200636015656.656.92$21,473
Nov 200636014454.207.62$20,609
Oct 200617914454.906.01$10,693
Sep 200617615660.085.04$11,360
Aug 200636114468.717.34$25,861
Jul 200618112069.376.34$13,317
Jun 200636616866.286.38$25,331
May 200617815666.016.42$12,752
Apr 200635813264.397.36$24,023
Mar 200636216856.707.08$21,715
Feb 200617914457.597.75$11,425
Jan 200618515660.598.93$12,603
Dec 200536416854.9413.42$22,252
Nov 200536714454.6910.59$21,596
Oct 200535214458.3413.80$22,522
Sep 200516315661.4512.08$11,901
Aug 200518714461.519.80$12,913
Jul 200532715655.697.84$19,434
Jun 200517216852.337.38$10,241
May 200534715645.226.65$16,729
Apr 200516615649.207.36$9,315
Mar 200536414450.377.15$19,365
Feb 200518312045.226.31$9,033
Jan 200518014443.166.32$8,679
Dec 200436116839.866.75$15,524
Nov 200417614445.286.33$8,881
Oct 200430415649.706.52$16,125
Sep 200435616843.245.28$16,281
Aug 200416513242.375.55$7,724
Jul 200435716838.286.08$14,688
Jun 200435515636.106.43$13,819
May 200436114437.486.49$14,466
Apr 200417912034.475.86$6,873
Mar 200406034.365.53$332
Feb 200437413232.455.51$12,864
Jan 200417816832.036.30$6,760
Dec 200333716830.266.30$11,256
Nov 200317514428.804.60$5,702
Oct 200335718028.174.76$10,913
Sep 200317813226.314.75$5,310
Aug 200333916829.765.13$10,950
Jul 200317716829.415.17$6,074
Jun 200335714428.565.98$11,057
May 200317916826.595.97$5,763
Apr 200336016826.675.41$10,510
Mar 200336210831.146.10$11,931
Feb 2003014433.487.93$1,141
Jan 200336222830.315.58$12,245
Dec 200219020426.914.85$6,103
Nov 200217924024.664.14$5,407
Oct 200217722826.464.23$5,648
Sep 200217531227.443.64$5,936
Aug 200234733625.963.16$10,071
Jul 200217531224.583.06$5,257
Jun 200217936023.733.34$5,449
May 200217737224.663.58$5,698
Apr 200217932423.653.51$5,371
Mar 200253937222.003.10$13,012
Feb 2002012018.222.38$285
Jan 2002018017.172.38$428
Dec 200117934816.932.36$3,853
Nov 200117736018.072.41$4,064
Oct 200117837219.782.53$4,462
Sep 200136036024.262.25$9,544
Aug 200135734824.873.05$9,941
Jul 200118121923.933.20$5,031
Jun 200117845024.563.82$6,093
May 200117945325.524.31$6,519
Apr 200117831824.685.34$6,090
Mar 200136137224.545.38$10,859
Feb 200118042027.755.77$7,417
Jan 200118146527.478.40$8,877
Dec 2000046526.889.12$4,242
Nov 200018045032.215.66$8,344
Oct 200017846531.235.15$7,952
Sep 200018345031.875.19$8,166
Aug 200018646529.644.54$7,624
Jul 200037546528.534.09$12,600
Jun 200019041429.304.40$7,387
May 200037146527.263.68$11,825
Apr 2000022524.513.12$701
Mar 200038246528.422.86$12,186
Feb 2000042327.622.73$1,153
Jan 200037045025.272.48$10,466
Dec 199956546524.282.42$14,845
Nov 1999012023.192.43$292
Oct 1999031520.982.80$883
Sep 199934342021.752.62$8,560
Aug 199918746519.262.88$4,939
Jul 199918746517.892.37$4,449
Jun 199918437815.942.36$3,826
May 199954644115.792.32$9,645
Apr 199936932715.102.21$6,294
Mar 19990012.471.84$0
Feb 19991763309.981.82$2,356
Jan 199936546510.381.90$4,672
Dec 19981813699.201.77$2,320
Nov 199834745010.892.19$4,762
Oct 199836046512.421.97$5,387
Sep 199817643512.592.08$3,122
Aug 199852845011.301.91$6,825
Jul 1998016511.742.24$369
Jun 199836245011.242.24$5,076
May 199818044112.622.21$3,245
Apr 199836245013.042.51$5,848
Mar 199836044112.802.31$5,626
Feb 199835642013.952.30$5,932
Jan 199817824614.702.15$3,147
Dec 199754145016.322.41$9,914
Nov 199718330018.193.09$4,255
Oct 199718039019.253.15$4,693
Sep 199718139017.742.95$4,363
Aug 199737343517.862.55$7,773
Jul 199717246517.582.25$4,069
Jun 199736440517.242.26$7,190
May 199737034818.972.31$7,822
Apr 199718345017.882.08$4,209
Mar 199754146518.951.94$11,154
Feb 199737620920.492.21$8,165
Jan 199718818023.483.54$5,051
Dec 199619021623.32$4,431
Nov 199618545021.97$4,064
Oct 199636946523.31$8,601
Sep 199619043822.22$4,222
Aug 199636342920.26$7,354
Jul 199631642619.55$6,178
Jun 199619643518.73$3,671
May 199637944119.43$7,364
Apr 199636947421.51$7,937
Mar 199639344819.38$7,616
Feb 199637827216.98$6,418
Jan 199620630517.07$3,516
Dec 199519055317.19$3,266
Nov 199554457616.00$8,704
Oct 199518826515.43$2,901
Sep 199552945216.18$8,559
Aug 199555030515.92$8,756
Jul 19951959215.24$2,972
Jun 199592516.41$148
May 199520048017.56$3,512
Apr 199537355517.73$6,613
Mar 199537554616.44$6,165
Feb 199536549616.58$6,052
Jan 199519037915.92$3,025
Dec 199436332915.03$5,456
Nov 199417714115.90$2,814
Oct 199437049115.58$5,765
Sep 199419043715.29$2,905
Aug 199435439316.13$5,710
Jul 199416743117.56$2,933
Jun 199435352117.09$6,033
May 199436559715.88$5,796
Apr 199419540114.14$2,757
Mar 199418241112.46$2,268
Feb 199436549312.50$4,563
Jan 199435162512.66$4,444
Dec 199336035112.33$4,439
Nov 199318434414.49$2,666
Oct 199334068215.85$5,389
Sep 199336043515.03$5,411
Aug 199335477515.66$5,544
Jul 199334856215.46$5,380
Jun 199353872716.79$9,033
May 199336982817.68$6,524
Apr 199318365918.05$3,303
Mar 199352475718.14$9,505
Feb 199353837617.90$9,630
Jan 199318253716.93$3,081

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                  161 bbl  × $106.41 =    $17,132
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,132

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/14880 is the state's own key, not one this site invented.