JENSEN

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 16254District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$19.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$133
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
OilDisposition192,453 bbl$5,885,609
Casinghead gasProduction3,782,692 Mcf$13,936,364
Total$19,821,973

471,959 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 (3)

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 30.2996, -96.7599. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

30.30076, -96.75971 · 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
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
8,750 ft
3 wells filed one
Completion to plug
15.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

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

Between 8,545 and 12,005 ft, median 8,750 ft, over the 3 wells that filed a depth.

Completions filed
Dec 1983 – Oct 1996
3 of 3 wells
Plug dates filed
Sep 1998 – Oct 2000
2 of 3 wells; 1 filed none

Last completion to plug: a median of 15.8 years across the 2 wells that filed both dates, with the middle half between 15.3 years and 16.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-28731473712,005 ftOct 1996
42-2873140688,750 ftJan 1984Sep 1998Yes
42-2873133068,545 ftDec 1983Oct 2000Yes

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 20252066.743.32$133
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 20240369.052.20$7
Oct 20241071.372.28$71
Sep 2024104169.612.36$793
Aug 202422475.632.06$201
Jul 20243079.932.15$240
Jun 202412078.082.63$937
May 20248078.812.20$630
Apr 20240084.451.66$0
Mar 202492480.301.55$760
Feb 2024732976.091.78$5,606
Jan 202412173.023.30$142
Dec 202391071.262.61$667
Nov 20236477.892.81$479
Oct 20237485.443.09$610
Sep 20236089.042.74$534
Aug 20236280.522.67$488
Jul 20230074.852.64$0
Jun 20231068.962.26$69
May 20230070.622.23$0
Apr 20231851,07278.122.24$16,851
Mar 202332,66772.852.39$6,601
Feb 20231842,39875.112.47$19,733
Jan 202322,68576.533.39$9,249
Dec 20221842,64776.415.73$29,224
Nov 202202,72385.005.65$15,375
Oct 202202,70487.185.86$15,856
Sep 20221822,59184.888.16$36,600
Aug 202202,73294.529.13$24,935
Jul 202212,701101.587.54$20,473
Jun 20221772,240115.097.98$38,240
May 202202,577109.378.43$21,732
Apr 20221732,324104.226.84$33,921
Mar 20221841,794108.885.08$29,141
Feb 202202,58991.054.86$12,580
Jan 202202,73681.844.54$12,415
Dec 20211772,90971.323.90$23,966
Nov 202102,89077.435.24$15,135
Oct 202112,33879.795.71$13,439
Sep 20211772,59269.865.35$26,235
Aug 202102,41266.024.22$10,180
Jul 20211842,60270.783.98$23,385
Jun 202102,44869.493.38$8,276
May 202102,81763.483.02$8,501
Apr 20211891,94660.362.76$16,776
Mar 20211872,62461.302.72$18,592
Feb 202101,81157.805.55$10,047
Jan 20211942,39550.412.81$16,510
Dec 202002,38344.642.68$6,376
Nov 20201762,31838.772.71$13,097
Oct 202002,69836.972.48$6,687
Sep 202012,47237.091.99$4,959
Aug 20201752,59239.982.39$13,179
Jul 202002,67538.371.83$4,882
Jun 20201882,33134.901.69$10,501
May 202002,68116.921.81$4,865
Apr 202002,43314.751.80$4,390
Mar 20201802,83430.341.86$10,722
Feb 20201812,68749.881.98$14,350
Jan 202002,56657.252.09$5,375
Dec 201902,79059.012.30$6,429
Nov 20191852,67755.302.75$17,594
Oct 20191792,79353.472.42$16,326
Sep 201902,72755.052.66$7,246
Aug 20191822,87153.112.30$16,282
Jul 201902,83456.272.46$6,972
Jun 20191832,79452.782.49$16,619
May 201902,01758.482.74$5,527
Apr 201902,78962.632.75$7,672
Mar 20191882,91956.803.06$19,617
Feb 20191872,64350.852.79$16,889
Jan 201902,84646.033.23$9,187
Dec 20181862,71546.594.19$20,029
Nov 201802,74552.934.24$11,631
Oct 20181882,87161.443.40$21,307
Sep 201802,79059.543.11$8,671
Aug 20181772,87659.403.07$19,333
Jul 201802,85865.142.93$8,379
Jun 20181792,81160.183.08$19,421
May 201802,89565.382.90$8,398
Apr 20181852,82863.842.90$20,014
Mar 20181852,89061.222.79$19,380
Feb 201802,57061.782.77$7,109
Jan 20181833,00762.874.01$23,561
Dec 20171743,11357.272.92$19,060
Nov 20171833,38455.423.12$20,694
Oct 201703,01849.292.98$9,005
Sep 201701,12147.523.09$3,461
Aug 20171842,67145.373.00$16,373
Jul 201703,48543.873.09$10,759
Jun 20171873,32042.493.09$18,195
May 20171943,35745.373.26$19,757
Apr 20171893,28147.933.21$19,596
Mar 20171883,60746.772.98$19,555
Feb 20171943,40150.452.95$19,829
Jan 20171903,61649.413.42$21,750
Dec 201602,29248.763.72$8,533
Nov 20161872,81342.492.64$15,384
Oct 20161933,58146.193.09$19,981
Sep 20161893,54241.553.10$18,835
Aug 201602,76341.442.92$8,080
Jul 20161893,64441.622.92$18,522
Jun 20161853,42445.352.69$17,586
May 20161903,69542.521.99$15,436
Apr 201603,40736.561.99$6,783
Mar 20161913,61133.011.79$12,783
Feb 201603,28226.472.06$6,773
Jan 20161883,52827.352.36$13,483
Dec 201519169832.362.00$7,578
Nov 20151823,11638.792.17$13,813
Oct 20151733,31343.552.43$15,573
Sep 201503,09942.992.76$8,548
Aug 20151783,04640.162.87$15,898
Jul 20151943,13648.152.95$18,577
Jun 201502,62356.152.88$7,562
May 20151963,20355.212.96$20,287
Apr 20151943,09649.822.71$18,045
Mar 201503,03442.892.93$8,904
Feb 20151832,60544.662.98$15,926
Jan 201502,82743.433.10$8,765
Dec 20141962,77054.693.59$20,667
Nov 201402,60070.464.25$11,055
Oct 20141932,67778.303.90$25,555
Sep 201402,45886.164.05$9,944
Aug 20141772,69789.394.04$26,705
Jul 201402,76796.564.18$11,565
Jun 20141912,67698.164.74$31,424
May 201402,75294.734.73$13,007
Apr 20141892,51495.944.81$30,223
Mar 201402,38695.895.06$12,066
Feb 201402,09997.406.19$12,997
Jan 20141782,24290.404.86$26,989
Dec 20131952,17291.824.35$27,363
Nov 20131751,92288.853.74$22,734
Oct 2013050897.423.78$1,920
Sep 2013013104.113.72$48
Aug 201300104.253.52$0
Jul 2013023102.523.72$86
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20131761,28793.623.91$21,513
Feb 20133753,44491.233.42$45,989
Jan 20133883,25491.603.42$46,669
Dec 20121704,62886.773.42$30,579
Nov 20121805,24986.953.62$34,678
Oct 20123315,32489.383.40$47,685
Sep 20121804,09194.672.92$28,980
Aug 20121594,31392.662.91$27,276
Jul 20121954,33385.133.02$29,689
Jun 20121934,26679.822.52$26,151
May 20121854,07991.612.49$27,098
Apr 20121693,244101.652.00$23,656
Mar 20121823,408105.052.22$26,692
Feb 20121603,124101.102.57$24,205
Jan 20121953,34398.092.73$28,268
Dec 20111673,31796.873.24$26,924
Nov 20113703,55495.723.31$47,185
Oct 20111823,11684.983.65$26,835
Sep 20111843,38583.623.99$28,878
Aug 20111753,57783.404.15$29,437
Jul 20111803,92994.144.52$34,693
Jun 20111744,20692.904.64$35,680
May 20111914,37198.134.40$37,996
Apr 20111884,450105.964.33$39,204
Mar 20113554,88396.364.06$54,020
Feb 20111883,55785.644.18$30,969
Jan 20111934,43486.504.59$37,041
Dec 20101854,72285.734.35$36,390
Nov 20103794,42380.843.80$47,425
Oct 20101754,32878.103.51$28,854
Sep 20101924,21672.633.98$30,722
Aug 20101694,67873.684.42$33,126
Jul 20101874,79872.554.74$36,293
Jun 20103854,60870.364.91$49,716
May 20101894,15271.124.24$31,026
Apr 20101943,76681.694.12$31,374
Mar 20101934,46678.394.39$34,729
Feb 20101985,03973.585.44$41,993
Jan 20101915,02774.365.96$44,184
Dec 20091965,73171.445.48$45,430
Nov 20091865,98874.593.75$36,338
Oct 20091835,79972.544.11$37,110
Sep 20091945,68765.543.06$30,144
Aug 20091855,84867.423.22$31,294
Jul 20093846,65261.133.46$46,520
Jun 20091936,35366.163.90$37,514
May 20091946,88754.743.93$37,656
Apr 20093657,74446.773.59$44,853
Mar 20093878,04342.144.06$48,955
Feb 20091976,93232.814.63$38,580
Jan 20093937,48435.865.37$54,290
Dec 20081997,06637.105.98$49,617
Nov 20083917,13055.496.86$70,611
Oct 20083677,32575.246.92$78,317
Sep 20081686,704101.767.88$69,904
Aug 20083876,702114.228.48$101,056
Jul 20083797,899131.0811.39$139,644
Jun 20081928,565131.3313.03$136,840
May 20081949,141123.1711.57$129,696
Apr 20083869,183110.3110.45$138,587
Mar 20081969,401101.909.66$110,824
Feb 20083908,65792.538.77$112,014
Jan 200819810,32190.388.21$102,587
Dec 200739310,55588.337.30$111,786
Nov 200719411,18891.677.29$99,364
Oct 200738011,45982.856.92$110,802
Sep 200719411,36275.846.24$85,659
Aug 200738412,04669.066.39$103,468
Jul 200719911,62570.906.39$88,369
Jun 200719211,40962.007.55$98,024
May 200738112,17158.747.85$117,877
Apr 200719411,59959.617.81$102,097
Mar 200739312,37556.927.30$112,731
Feb 20073928,42255.108.22$90,794
Jan 200719511,55150.306.73$87,510
Dec 200639512,26656.656.92$107,238
Nov 200639912,17154.207.62$114,338
Oct 200640012,55654.906.01$97,469
Sep 200619911,49760.085.04$69,869
Aug 200620211,24368.717.34$96,402
Jul 200619412,24569.376.34$91,125
Jun 200620011,61466.286.38$87,398
May 200638811,94566.016.42$102,359
Apr 200629,61864.397.36$70,922
Mar 20062008,80556.707.08$73,705
Feb 20061875,92257.597.75$56,671
Jan 200620011,59160.598.93$115,664
Dec 200540012,20454.9413.42$185,698
Nov 200539712,30854.6910.59$152,034
Oct 200536113,16258.3413.80$202,641
Sep 200539612,41561.4512.08$174,295
Aug 200518413,71261.519.80$145,652
Jul 200539413,35755.697.84$126,709
Jun 200539212,85852.337.38$115,419
May 200539713,45645.226.65$107,450
Apr 200539912,03249.207.36$108,192
Mar 200539713,85750.377.15$119,142
Feb 200539712,47145.226.31$96,668
Jan 200560013,10543.166.32$108,748
Dec 200440512,69339.866.75$101,835
Nov 200439612,32945.286.33$95,979
Oct 200440112,19749.706.52$99,394
Sep 20043769,65143.245.28$67,253
Aug 20043918,71742.375.55$64,952
Jul 20041916,74238.286.08$48,331
Jun 200421,65036.106.43$10,687
May 20041835,32237.486.49$41,423
Apr 200456813,78334.475.86$100,326
Mar 200459814,47634.365.53$100,602
Feb 200439713,52932.455.51$87,422
Jan 200439514,52632.036.30$104,160
Dec 200379415,54930.266.30$122,011
Nov 200339915,26328.804.60$81,627
Oct 200359016,00828.174.76$92,813
Sep 200359315,71726.314.75$90,248
Aug 200358416,45829.765.13$101,805
Jul 200376616,90029.415.17$109,915
Jun 200358116,36628.565.98$114,510
May 200376717,17126.595.97$122,951
Apr 200359117,22326.675.41$108,892
Mar 200378817,63131.146.10$132,018
Feb 200339715,35533.487.93$134,993
Jan 200379116,67030.315.58$117,028
Dec 200276817,38926.914.85$105,069
Nov 200279117,68824.664.14$92,681
Oct 200278518,18126.464.23$97,661
Sep 200277916,57927.443.64$81,644
Aug 200276917,94625.963.16$76,747
Jul 200277918,59924.583.06$76,093
Jun 200258518,43823.733.34$75,433
May 2002782024.663.58$19,284
Apr 200258619,68123.653.51$82,985
Mar 200278920,70822.003.10$81,609
Feb 20021,17819,21818.222.38$67,119
Jan 200298620,93617.172.38$66,667
Dec 200139314,78316.932.36$41,606
Nov 200139611,17318.072.41$34,033
Oct 200178319,88119.782.53$65,764
Sep 200139217,40424.262.25$48,692
Aug 200158517,21924.873.05$67,121
Jul 200159318,40423.933.20$73,030
Jun 200158920,45624.563.82$92,693
May 200174921,90425.524.31$113,462
Apr 200158921,04024.685.34$126,792
Mar 200178022,01824.545.38$137,520
Feb 200159619,75127.755.77$130,445
Jan 200177925,03127.478.40$231,628
Dec 200079126,04226.889.12$258,830
Nov 200079024,48032.215.66$163,954
Oct 200077424,22431.235.15$148,817
Sep 200077624,60431.875.19$152,340
Aug 200077123,65129.644.54$130,246
Jul 200096925,71328.534.09$132,805
Jun 200075525,49429.304.40$134,225
May 200073327,09027.263.68$119,666
Apr 200097026,46724.513.12$106,246
Mar 20001,16227,24328.422.86$110,932
Feb 20001,15125,35827.622.73$100,929
Jan 200096730,55525.272.48$100,228
Dec 199977433,93324.282.42$101,037
Nov 199997130,84523.192.43$97,594
Oct 19991,34738,21020.982.80$135,390
Sep 19991,14719,95521.752.62$77,206
Aug 199914,13719.262.88$11,916
Jul 19991639,38717.892.37$25,186
Jun 1999010,90415.942.36$25,756
May 199918912,91615.792.32$32,963
Apr 199919413,48915.102.21$32,714
Mar 199976016,10412.471.84$39,082
Feb 199958214,3889.981.82$31,963
Jan 199993516,55810.381.90$41,165
Dec 199858117,7449.201.77$36,811
Nov 199877119,05210.892.19$50,039
Oct 199876521,07512.421.97$51,002
Sep 199895420,92812.592.08$55,596
Aug 199895722,81911.301.91$54,338
Jul 19981,14023,53411.742.24$66,036
Jun 19981,14819,98911.242.24$57,624
May 19981,51128,48712.622.21$81,921
Apr 19981,92338,68513.042.51$121,995
Mar 19981,74040,19112.802.31$115,091
Feb 19981,93537,61313.952.30$113,470
Jan 19982,13242,31114.702.15$122,512
Dec 19972,50742,83216.322.41$144,186
Nov 19972,51242,62518.193.09$177,330
Oct 19972,48346,19519.253.15$193,304
Sep 19972,47144,68717.742.95$175,880
Aug 19972,66749,46817.862.55$174,011
Jul 19973,05349,95917.582.25$165,927
Jun 19973,04149,85217.242.26$164,953
May 19973,82854,68218.972.31$198,851
Apr 19973,62055,36717.882.08$180,043
Mar 19974,67360,09218.951.94$205,080
Feb 19974,96255,15020.492.21$223,327
Jan 19975,51569,11323.483.54$374,131
Dec 19969,67470,28423.32$225,598
Nov 199613,70166,21021.97$301,011
Oct 199614,439223.31$336,573
Sep 19961782,32422.22$3,955
Aug 19963544,14220.26$7,172
Jul 19963465,37819.55$6,764
Jun 199605,45618.73$0
May 199606,13319.43$0
Apr 19963553,65721.51$7,636
Mar 19961895,45219.38$3,663
Feb 19963685,36916.98$6,249
Jan 199605,65617.07$0
Dec 19951885,71117.19$3,232
Nov 19951815,73516.00$2,896
Oct 19953335,92515.43$5,138
Sep 199505,62516.18$0
Aug 19953575,68715.92$5,683
Jul 19953535,86215.24$5,380
Jun 199505,74016.41$0
May 19953676,24417.56$6,445
Apr 19952846,00217.73$5,035
Mar 19951816,31816.44$2,976
Feb 19953685,80916.58$6,101
Jan 19953676,48315.92$5,843
Dec 19941926,58515.03$2,886
Nov 19941816,59715.90$2,878
Oct 19941796,99515.58$2,789
Sep 19941786,96115.29$2,722
Aug 19943687,34816.13$5,936
Jul 19941777,90117.56$3,108
Jun 19941918,22617.09$3,264
May 19943609,43515.88$5,717
Apr 19943678,23614.14$5,189
Mar 19941859,50512.46$2,305
Feb 19943708,70812.50$4,625
Jan 19943699,55612.66$4,672
Dec 19933709,48612.33$4,562
Nov 19937379,27914.49$10,679
Oct 199318010,30815.85$2,853
Sep 19931779,90915.03$2,660
Aug 199353210,29715.66$8,331
Jul 199333810,89515.46$5,225
Jun 199352710,85916.79$8,848
May 199335911,04617.68$6,347
Apr 199351710,68318.05$9,332
Mar 199355211,11418.14$10,013
Feb 19934309,91617.90$7,697
Jan 199362310,91016.93$10,547

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.

Jul 2025 — as filed, then multipliedworked
Oil                    2 bbl  × $ 66.74 =       $133
Casinghead gas         0 Mcf  × $  3.32 =         $0

────────────────────────────────────────────────────
Month total                                     $133

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/16254 is the state's own key, not one this site invented.