KAPPLER-PLACKE 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 15540District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
OilDisposition153,274 bbl$3,641,896
Casinghead gasProduction287,581 Mcf$527,148
Total$4,169,043

154,697 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 30.1638, -96.8835. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.16380, -96.88346 · 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
12,787 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 12,787 ft.

Completions filed
Jan 1993
1 of 1 wells

1 well

42-28731191112,787 ftJan 1993

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 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
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 20230077.892.81$0
Oct 2023140885.443.09$11,986
Sep 20230089.042.74$0
Aug 20230380.522.67$8
Jul 20230874.852.64$21
Jun 202301768.962.26$38
May 202302370.622.23$51
Apr 20230278.122.24$4
Mar 202312572.852.39$133
Feb 202302675.112.47$64
Jan 202302176.533.39$71
Dec 202202676.415.73$149
Nov 202202085.005.65$113
Oct 202202087.185.86$117
Sep 202203284.888.16$261
Aug 202202094.529.13$183
Jul 2022126101.587.54$298
Jun 2022028115.097.98$223
May 20221827109.378.43$19,964
Apr 2022218104.226.84$332
Mar 2022012108.885.08$61
Feb 20220091.054.86$0
Jan 202202681.844.54$118
Dec 202101071.323.90$39
Nov 202102077.435.24$105
Oct 202112479.795.71$217
Sep 20210269.865.35$11
Aug 202103666.024.22$152
Jul 20210070.783.98$0
Jun 202103069.493.38$101
May 20210063.483.02$0
Apr 202101560.362.76$41
Mar 202101661.302.72$43
Feb 202102257.805.55$122
Jan 202102250.412.81$62
Dec 20200044.642.68$0
Nov 202003938.772.71$106
Oct 202003236.972.48$79
Sep 202001937.091.99$38
Aug 202002439.982.39$57
Jul 20200038.371.83$0
Jun 202002034.901.69$34
May 20200016.921.81$0
Apr 202001014.751.80$18
Mar 20201773430.341.86$5,433
Feb 202001549.881.98$30
Jan 202001157.252.09$23
Dec 201901459.012.30$32
Nov 201901655.302.75$44
Oct 201919233853.472.42$11,084
Sep 201919351155.052.66$11,983
Aug 201936045753.112.30$20,173
Jul 201916182956.272.46$11,099
Jun 20193721,10552.782.49$22,387
May 201918255458.482.74$12,162
Apr 2019032562.632.75$894
Mar 2019015456.803.06$472
Feb 2019011150.852.79$310
Jan 2019013146.033.23$423
Dec 201818813446.594.19$9,320
Nov 2018012652.934.24$534
Oct 2018017561.443.40$595
Sep 2018017859.543.11$553
Aug 2018011759.403.07$359
Jul 201808265.142.93$240
Jun 201818612860.183.08$11,587
May 2018013365.382.90$386
Apr 2018014663.842.90$424
Mar 2018016561.222.79$460
Feb 2018015761.782.77$434
Jan 2018011762.874.01$469
Dec 2017016057.272.92$467
Nov 2017015455.423.12$480
Oct 201719613849.292.98$10,073
Sep 2017019747.523.09$608
Aug 2017013445.373.00$403
Jul 2017015943.873.09$491
Jun 201719321642.493.09$8,867
May 2017023245.373.26$757
Apr 2017020447.933.21$655
Mar 201718913546.772.98$9,242
Feb 201708150.452.95$239
Jan 2017017549.413.42$598
Dec 2016024248.763.72$901
Nov 201618438142.492.64$8,826
Oct 2016022246.193.09$686
Sep 2016015541.553.10$481
Aug 2016022841.442.92$667
Jul 201617922241.622.92$8,099
Jun 2016022245.352.69$596
May 201607742.521.99$153
Apr 2016012336.561.99$245
Mar 201619029133.011.79$6,794
Feb 2016031826.472.06$656
Jan 2016010527.352.36$248
Dec 2015021532.362.00$430
Nov 201518914738.792.17$7,650
Oct 2015018343.552.43$444
Sep 2015012442.992.76$342
Aug 201518636140.162.87$8,507
Jul 201519361548.152.95$11,104
Jun 2015034756.152.88$1,000
May 20151872555.212.96$10,398
Apr 2015041449.822.71$1,121
Mar 201519450242.892.93$9,794
Feb 2015030844.662.98$917
Jan 201518612343.433.10$8,459
Dec 201418120654.693.59$10,639
Nov 2014031270.464.25$1,327
Oct 2014026478.303.90$1,030
Sep 201417232386.164.05$16,126
Aug 201418691989.394.04$20,335
Jul 20143741,16196.564.18$40,966
Jun 2014010598.164.74$497
May 201418866294.734.73$20,938
Apr 201419472895.944.81$22,113
Mar 201419143295.895.06$20,500
Feb 201418996497.406.19$24,378
Jan 20143911,08890.404.86$40,635
Dec 201319174691.824.35$20,786
Nov 20131811,05288.853.74$20,015
Oct 20133721,18597.423.78$40,719
Sep 2013187753104.113.72$22,268
Aug 2013186304104.253.52$20,461
Jul 2013099102.523.72$368
Jun 2013035594.403.93$1,396
May 201318624494.834.15$18,651
Apr 2013013693.964.28$582
Mar 201318519493.623.91$18,079
Feb 2013022491.233.42$766
Jan 201318615691.603.42$17,571
Dec 2012021186.773.42$722
Nov 201218523786.953.62$16,945
Oct 2012025589.383.40$867
Sep 201218529194.672.92$18,363
Aug 2012030992.662.91$899
Jul 201216931885.133.02$15,348
Jun 2012029979.822.52$753
May 2012027391.612.49$679
Apr 2012190235101.652.00$19,783
Mar 20120281105.052.22$624
Feb 2012188207101.102.57$19,539
Jan 2012023798.092.73$648
Dec 201118526796.873.24$18,786
Nov 2011026795.723.31$884
Oct 201118929184.983.65$17,123
Sep 201118829783.623.99$16,904
Aug 2011030983.404.15$1,282
Jul 2011031094.144.52$1,400
Jun 201118428892.904.64$18,430
May 201119530798.134.40$20,488
Apr 20110290105.964.33$1,257
Mar 201118829896.364.06$19,325
Feb 201118727185.644.18$17,147
Jan 2011015686.504.59$716
Dec 201018630185.734.35$17,254
Nov 2010029280.843.80$1,108
Oct 201018530878.103.51$15,529
Sep 2010030972.633.98$1,230
Aug 201018532473.684.42$15,063
Jul 201018333672.554.74$14,868
Jun 2010030770.364.91$1,507
May 201018733471.124.24$14,714
Apr 2010023181.694.12$952
Mar 201018729978.394.39$15,971
Feb 2010026973.585.44$1,464
Jan 201018727974.365.96$15,569
Dec 200918531271.445.48$14,927
Nov 200919228974.593.75$15,405
Oct 2009030872.544.11$1,266
Sep 200918533565.543.06$13,152
Aug 2009034767.423.22$1,117
Jul 2009039161.133.46$1,355
Jun 200918332766.163.90$13,381
May 2009032154.743.93$1,260
Apr 200919530446.773.59$10,211
Mar 200919831042.144.06$9,602
Feb 2009028132.814.63$1,302
Jan 200920030735.865.37$8,821
Dec 2008031137.105.98$1,859
Nov 200819630855.496.86$12,989
Oct 2008033075.246.92$2,284
Sep 2008187260101.767.88$21,077
Aug 20080331114.228.48$2,808
Jul 2008194370131.0811.39$29,644
Jun 20080346131.3313.03$4,509
May 20080233123.1711.57$2,697
Apr 2008196289110.3110.45$24,642
Mar 20080322101.909.66$3,112
Feb 200819719092.538.77$19,895
Jan 2008026590.388.21$2,175
Dec 200719631188.337.30$19,584
Nov 2007022391.677.29$1,626
Oct 200708082.856.92$554
Sep 200719330975.846.24$16,567
Aug 2007032469.066.39$2,070
Jul 200719635270.906.39$16,145
Jun 2007035462.007.55$2,672
May 2007038158.747.85$2,989
Apr 200719619559.617.81$13,206
Mar 2007016156.927.30$1,176
Feb 2007018155.108.22$1,487
Jan 200718620350.306.73$10,721
Dec 2006016556.656.92$1,142
Nov 200607154.207.62$541
Oct 200618512254.906.01$10,890
Sep 2006016960.085.04$851
Aug 2006128568.717.34$2,161
Jul 2006032569.376.34$2,061
Jun 20061272566.286.38$8,577
May 20061808266.016.42$12,409
Apr 200607864.397.36$574
Mar 200604956.707.08$347
Feb 20061733557.597.75$10,234
Jan 200614660.598.93$472
Dec 20050854.9413.42$107
Nov 20051767254.6910.59$10,388
Oct 200507258.3413.80$993
Sep 20051261.4512.08$86
Aug 200517321761.519.80$12,767
Jul 2005029255.697.84$2,290
Jun 200517046552.337.38$12,328
May 2005011445.226.65$758
Apr 200516011549.207.36$8,718
Mar 2005021850.377.15$1,560
Feb 2005025445.226.31$1,603
Jan 200516730143.166.32$9,111
Dec 2004088939.866.75$6,002
Nov 200415540245.286.33$9,563
Oct 2004981,22549.706.52$12,852
Sep 2004013843.245.28$729
Aug 200417749242.375.55$10,230
Jul 2004039138.286.08$2,379
Jun 200417228036.106.43$8,010
May 2004398637.486.49$6,516
Apr 200415926934.475.86$7,057
Mar 2004317334.365.53$1,060
Feb 200406632.455.51$364
Jan 200417919332.036.30$6,949
Dec 2003057330.266.30$3,611
Nov 200317365028.804.60$7,969
Oct 200317871628.174.76$8,422
Sep 2003075926.314.75$3,605
Aug 200316967729.765.13$8,502
Jul 200318480729.415.17$9,584
Jun 200317978328.565.98$9,797
May 200318077526.595.97$9,415
Apr 200318170826.675.41$8,656
Mar 2003288731.146.10$5,469
Feb 200334269033.487.93$16,919
Jan 2003072830.315.58$4,064
Dec 200217287526.914.85$8,876
Nov 200219094724.664.14$8,603
Oct 20021781,43926.464.23$10,796
Sep 20023391,16427.443.64$13,534
Aug 20021761,31825.963.16$8,739
Jul 20021791,62724.583.06$9,381
Jun 20023541,07623.733.34$11,992
May 2002089724.663.58$3,215
Apr 200236290923.653.51$11,754
Mar 200201,34422.003.10$4,170
Feb 20023631,56218.222.38$10,325
Jan 20023672,03317.172.38$11,131
Dec 20011822,14916.932.36$8,162
Nov 20013571,90018.072.41$11,021
Oct 20013681,83519.782.53$11,920
Sep 20011772,05624.262.25$8,923
Aug 20017062,04424.873.05$23,799
Jul 20017271,59423.933.20$22,493
Jun 20017211,44224.563.82$23,222
May 20017161,55925.524.31$24,987
Apr 20013621,48924.685.34$16,878
Mar 20013671,72624.545.38$18,286
Feb 2001695427.755.77$5,668
Jan 2001051727.478.40$4,342
Dec 2000073026.889.12$6,659
Nov 2000077532.215.66$4,385
Oct 200018165431.235.15$9,018
Sep 2000051031.875.19$2,645
Aug 200017780129.644.54$8,883
Jul 2000044528.534.09$1,820
Jun 200017942429.304.40$7,109
May 2000053427.263.68$1,965
Apr 2000047824.513.12$1,489
Mar 200036551728.422.86$11,852
Feb 200036846127.622.73$11,421
Jan 2000366125.272.48$9,251
Dec 1999538224.282.42$13,067
Nov 1999353123.192.43$8,189
Oct 1999178020.982.80$3,734
Sep 19991763021.752.62$3,907
Aug 199918038319.262.88$4,568
Jul 199917850317.892.37$4,378
Jun 199936719815.942.36$6,318
May 1999049015.792.32$1,137
Apr 199936274715.102.21$7,116
Mar 199936570312.471.84$5,844
Feb 19991635849.981.82$2,688
Jan 199936266210.381.90$5,015
Dec 19985466939.201.77$6,252
Nov 199835872710.892.19$5,488
Oct 199836976412.421.97$6,087
Sep 199836274812.592.08$6,115
Aug 199853388311.301.91$7,707
Jul 199874978011.742.24$10,538
Jun 199870932511.242.24$8,696
May 199818166612.622.21$3,754
Apr 199830472013.042.51$5,768
Mar 199837970912.802.31$6,489
Feb 199835545913.952.30$6,008
Jan 199835743314.702.15$6,181
Dec 199751956716.322.41$9,837
Nov 199753547418.193.09$11,195
Oct 199736067619.253.15$9,059
Sep 199773356917.742.95$14,685
Aug 199718038117.862.55$4,188
Jul 199736040917.582.25$7,248
Jun 199717823617.242.26$3,601
May 19971771,07918.972.31$5,849
Apr 19977362,06417.882.08$17,459
Mar 19973702,73318.951.94$12,311
Feb 19977242,48420.492.21$20,314
Jan 19975552,30423.483.54$21,187
Dec 19965542,12923.32$12,919
Nov 19965461,64021.97$11,996
Oct 19965442,20023.31$12,681
Sep 19965452,67422.22$12,110
Aug 19967291,74020.26$14,770
Jul 19967062,03919.55$13,802
Jun 19967462,42618.73$13,973
May 19963602,73319.43$6,995
Apr 19966491,68021.51$13,960
Mar 19969082,23019.38$17,597
Feb 19969132,13316.98$15,503
Jan 19969141,26417.07$15,602
Dec 199570722717.19$12,153
Nov 199505116.00$0
Oct 19951555515.43$2,392
Sep 199506816.18$0
Aug 19953556515.92$5,652
Jul 19951,11186215.24$16,932
Jun 199575150416.41$12,324
May 19951,10381417.56$19,369
Apr 19951,27064117.73$22,517
Mar 19951,07349516.44$17,640
Feb 19951,08542416.58$17,989
Jan 199518123115.92$2,882
Dec 199437321815.03$5,606
Nov 199436815.90$48
Oct 199454665415.58$8,507
Sep 19947131,03415.29$10,902
Aug 19941,0971,50716.13$17,695
Jul 19945471,62117.56$9,605
Jun 19941,07759217.09$18,406
May 199455544615.88$8,813
Apr 199455485114.14$7,834
Mar 19948911,13712.46$11,102
Feb 19941,1121,74312.50$13,900
Jan 19941,1062,95512.66$14,002
Dec 19931,4612,92912.33$18,014
Nov 19937461,90014.49$10,810
Oct 19932,5634,87915.85$40,624
Sep 19932,5527,10615.03$38,357
Aug 19933,6019,90515.66$56,392
Jul 19935,03714,36215.46$77,872
Jun 19935,84910,56916.79$98,205
May 19938,2579,62217.68$145,984
Apr 19938,13315,61418.05$146,801
Mar 199312,34915,17418.14$224,011
Feb 199320,00011,59417.90$358,000
Jan 199316,1918,89216.93$274,114

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.

Oct 2023 — as filed, then multipliedworked
Oil                  140 bbl  × $ 85.44 =    $11,962
Casinghead gas         8 Mcf  × $  3.09 =        $25

────────────────────────────────────────────────────
Month total                                  $11,986

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/15540 is the state's own key, not one this site invented.