ERNEST "T"

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 16660District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$5.7 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
OilDisposition172,198 bbl$4,878,701
Casinghead gasProduction410,524 Mcf$821,910
Total$5,700,612

203,659 Mcf of this lease's gas, across 34 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 30.2233, -96.8010. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.22332, -96.80099 · 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
12,349 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 12,349 ft.

Completions filed
Jan 1995
1 of 1 wells

1 well

42-28731374112,349 ftJan 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 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 20240173.023.30$3
Dec 20230071.262.61$0
Nov 20231077.892.81$78
Oct 20235085.443.09$427
Sep 202305189.042.74$139
Aug 202309780.522.67$259
Jul 202308974.852.64$235
Jun 202306668.962.26$149
May 202305670.622.23$125
Apr 202308578.122.24$190
Mar 202308672.852.39$206
Feb 202316923575.112.47$13,273
Jan 202318917876.533.39$15,067
Dec 202217633976.415.73$15,390
Nov 202218710085.005.65$16,460
Oct 202218547787.185.86$18,925
Sep 202217417784.888.16$16,214
Aug 2022016794.529.13$1,524
Jul 2022188127101.587.54$20,055
Jun 2022038115.097.98$303
May 2022190143109.378.43$21,986
Apr 20220103104.226.84$704
Mar 2022172101108.885.08$19,240
Feb 2022026591.054.86$1,288
Jan 202217728381.844.54$15,770
Dec 202117413571.323.90$12,936
Nov 2021013977.435.24$728
Oct 202118310979.795.71$15,224
Sep 202105969.865.35$316
Aug 20210166.024.22$4
Jul 20211795170.783.98$12,873
Jun 202117113869.493.38$12,349
May 2021024263.483.02$730
Apr 202117527060.362.76$11,308
Mar 2021028261.302.72$766
Feb 202117518957.805.55$11,164
Jan 2021019050.412.81$534
Dec 202017912744.642.68$8,330
Nov 202009038.772.71$244
Oct 2020012336.972.48$305
Sep 202028815037.091.99$10,981
Aug 2020021439.982.39$510
Jul 202006638.371.83$120
Jun 202036750934.901.69$13,669
May 202002216.921.81$40
Apr 202002614.751.80$47
Mar 20200030.341.86$0
Feb 20201718449.881.98$8,696
Jan 202018037457.252.09$11,088
Dec 2019012359.012.30$283
Nov 201918428055.302.75$10,945
Oct 2019016653.472.42$401
Sep 201928812955.052.66$16,197
Aug 2019020053.112.30$461
Jul 201918717356.272.46$10,948
Jun 201917739052.782.49$10,314
May 2019012958.482.74$354
Apr 201918520262.632.75$12,142
Mar 2019020956.803.06$640
Feb 201918547750.852.79$10,739
Jan 20191859146.033.23$8,809
Dec 20180046.594.19$0
Nov 201818313552.934.24$10,258
Oct 2018019161.443.40$649
Sep 20181866059.543.11$11,261
Aug 20180059.403.07$0
Jul 2018185765.142.93$12,071
Jun 2018018160.183.08$557
May 201817920865.382.90$12,306
Apr 201818827663.842.90$12,803
Mar 201817928561.222.79$11,753
Feb 2018011161.782.77$307
Jan 201818231062.874.01$12,685
Dec 2017011457.272.92$333
Nov 201718918955.423.12$11,064
Oct 201718111849.292.98$9,274
Sep 2017014647.523.09$451
Aug 201717726445.373.00$8,824
Jul 20171878543.873.09$8,466
Jun 2017017842.493.09$550
May 201719334745.373.26$9,889
Apr 2017011847.933.21$379
Mar 201719525646.772.98$9,884
Feb 2017030750.452.95$906
Jan 201719226549.413.42$10,393
Dec 201619035748.763.72$10,593
Nov 201618222842.492.64$8,336
Oct 201618846246.193.09$10,111
Sep 201618427541.553.10$8,498
Aug 201622557841.442.92$11,014
Jul 201618124041.622.92$8,235
Jun 201619230845.352.69$9,534
May 201618627142.521.99$8,448
Apr 2016032836.561.99$653
Mar 2016020533.011.79$368
Feb 201619232226.472.06$5,747
Jan 201619734827.352.36$6,211
Dec 201519125732.362.00$6,695
Nov 2015024038.792.17$520
Oct 201518437943.552.43$8,933
Sep 201556154442.992.76$25,618
Aug 201506240.162.87$178
Jul 201504748.152.95$138
Jun 201503056.152.88$86
May 201502155.212.96$62
Apr 20151841749.822.71$9,213
Mar 201502042.892.93$59
Feb 20151816144.662.98$8,265
Jan 2015012543.433.10$388
Dec 201419011654.693.59$10,808
Nov 201418710770.464.25$13,631
Oct 2014010478.303.90$406
Sep 201418824486.164.05$17,185
Aug 201418821989.394.04$17,689
Jul 20141938896.564.18$19,004
Jun 201419419398.164.74$19,957
May 2014020294.734.73$955
Apr 201418918695.944.81$19,027
Mar 2014016195.895.06$814
Feb 201419520297.406.19$20,244
Jan 201419622190.404.86$18,793
Dec 201319617591.824.35$18,759
Nov 201319011988.853.74$17,326
Oct 2013023597.423.78$888
Sep 2013186252104.113.72$20,301
Aug 2013186382104.253.52$20,736
Jul 2013187497102.523.72$21,019
Jun 201318741194.403.93$19,269
May 2013036394.834.15$1,506
Apr 201319426393.964.28$19,355
Mar 201318425993.623.91$18,240
Feb 201318730191.233.42$18,089
Jan 201318826591.603.42$18,127
Dec 2012037586.773.42$1,283
Nov 201218737986.953.62$17,634
Oct 201218132289.383.40$17,272
Sep 201217834794.672.92$17,864
Aug 201218331392.662.91$17,867
Jul 201217844885.133.02$16,506
Jun 201217637279.822.52$14,985
May 201217936891.612.49$17,314
Apr 2012175341101.652.00$18,470
Mar 20120374105.052.22$831
Feb 2012177344101.102.57$18,779
Jan 201219333598.092.73$19,847
Dec 201118240296.873.24$18,933
Nov 201118547495.723.31$19,278
Oct 201118238684.983.65$16,875
Sep 201117840283.623.99$16,487
Aug 201118827083.404.15$16,800
Jul 201118137394.144.52$18,724
Jun 201118338892.904.64$18,801
May 201118739998.134.40$20,108
Apr 2011186405105.964.33$21,464
Mar 201118848196.364.06$20,067
Feb 201118938785.644.18$17,804
Jan 201118844286.504.59$18,290
Dec 201018843385.734.35$18,000
Nov 2010041280.843.80$1,564
Oct 201018837478.103.51$15,995
Sep 201018748472.633.98$15,508
Aug 201018242973.684.42$15,306
Jul 201018240572.554.74$15,122
Jun 201018845670.364.91$15,467
May 201018851371.124.24$15,543
Apr 201019044281.694.12$17,343
Mar 201018141078.394.39$15,988
Feb 2010030573.585.44$1,660
Jan 201018852774.365.96$17,123
Dec 200937858171.445.48$30,190
Nov 200918859874.593.75$16,266
Oct 2009060372.544.11$2,478
Sep 200937562165.543.06$26,481
Aug 200918683067.423.22$15,211
Jul 20093791,09061.133.46$26,945
Jun 20093851,45766.163.90$31,147
May 20090754.743.93$27
Apr 200919628246.773.59$10,179
Mar 2009026142.144.06$1,059
Feb 200939067632.814.63$15,928
Jan 200919762235.865.37$10,405
Dec 200819658537.105.98$10,768
Nov 2008070055.496.86$4,802
Oct 200839074575.246.92$34,500
Sep 2008194548101.767.88$24,058
Aug 2008198639114.228.48$28,036
Jul 20081931,119131.0811.39$38,043
Jun 2008193966131.3313.03$37,936
May 20085841,616123.1711.57$90,635
Apr 20083891,593110.3110.45$59,565
Mar 20083890101.909.66$39,639
Feb 2008020192.538.77$1,763
Jan 200819838490.388.21$21,046
Dec 200719535588.337.30$19,817
Nov 200719154591.677.29$21,483
Oct 200719336782.856.92$18,530
Sep 200719337075.846.24$16,947
Aug 200719659069.066.39$17,305
Jul 2007144670.906.39$2,920
Jun 200738148962.007.55$27,313
May 200719237658.747.85$14,228
Apr 200719361559.617.81$16,305
Mar 200719552356.927.30$14,918
Feb 200719052155.108.22$14,750
Jan 200719777850.306.73$15,143
Dec 200619443256.656.92$13,979
Nov 200618939754.207.62$13,268
Oct 200619340054.906.01$13,001
Sep 200619161260.085.04$14,558
Aug 2006043468.717.34$3,186
Jul 200618636469.376.34$15,212
Jun 200618649466.286.38$15,482
May 200618948866.016.42$15,611
Apr 200619334664.397.36$14,974
Mar 200619733456.707.08$13,536
Feb 2006065157.597.75$5,046
Jan 200618647760.598.93$15,531
Dec 200519847654.9413.42$17,264
Nov 200519346754.6910.59$15,500
Oct 200537261458.3413.80$30,173
Sep 200518753961.4512.08$18,002
Aug 200518953061.519.80$16,818
Jul 200518875655.697.84$16,400
Jun 200537564952.337.38$24,414
May 200518947345.226.65$11,693
Apr 200518872449.207.36$14,579
Mar 200518837350.377.15$12,138
Feb 200518853345.226.31$11,866
Jan 2005111843.166.32$789
Dec 200437771139.866.75$19,827
Nov 2004049845.286.33$3,153
Oct 200418245549.706.52$12,010
Sep 200419062743.245.28$11,529
Aug 200418752742.375.55$10,848
Jul 200418751638.286.08$10,298
Jun 200417455536.106.43$9,852
May 200418447337.486.49$9,968
Apr 200417767334.475.86$10,044
Mar 200418463534.365.53$9,834
Feb 200418657132.455.51$9,182
Jan 200437957032.036.30$15,730
Dec 2003054230.266.30$3,415
Nov 200318581828.804.60$9,087
Oct 200318672928.174.76$8,709
Sep 200318573726.314.75$8,368
Aug 200318276029.765.13$9,315
Jul 200336184029.415.17$14,961
Jun 200337766028.565.98$14,716
May 2003263826.595.97$3,864
Apr 20038971,39126.675.41$31,445
Mar 200377131.146.10$651
Feb 200318914033.487.93$7,437
Jan 200318566630.315.58$9,325
Dec 200237065426.914.85$13,131
Nov 2002077524.664.14$3,206
Oct 200234960626.464.23$11,797
Sep 200217951527.443.64$6,784
Aug 200235724425.963.16$10,040
Jul 200236084024.583.06$11,421
Jun 2002087823.733.34$2,931
May 200236385824.663.58$12,027
Apr 200236081923.653.51$11,391
Mar 2002089522.003.10$2,777
Feb 200217980818.222.38$5,181
Jan 200236091817.172.38$8,362
Dec 200136198816.932.36$8,448
Nov 200135698818.072.41$8,810
Oct 20011801,90819.782.53$8,386
Sep 200154185124.262.25$15,041
Aug 2001075924.873.05$2,317
Jul 200154375323.933.20$15,401
Jun 20013601,13424.563.82$13,178
May 20011761,15625.524.31$9,471
Apr 20015411,00024.685.34$18,687
Mar 20013581,09724.545.38$14,683
Feb 2001363027.755.77$10,073
Jan 20011841,33327.478.40$16,250
Dec 20003621,04226.889.12$19,236
Nov 20001771,42132.215.66$13,741
Oct 20003531,28531.235.15$17,636
Sep 20005501,27231.875.19$24,126
Aug 20003561,39329.644.54$16,877
Jul 20003601,40328.534.09$16,009
Jun 20003531,18329.304.40$15,545
May 20003721,21427.263.68$14,608
Apr 20003621,41724.513.12$13,288
Mar 20003611,37428.422.86$14,189
Feb 20001801,22927.622.73$8,322
Jan 20005471,39425.272.48$17,281
Dec 19993601,49724.282.42$12,369
Nov 19991781,56823.192.43$7,944
Oct 19993551,51720.982.80$11,701
Sep 19993651,58821.752.62$12,097
Aug 19995461,42919.262.88$14,625
Jul 19993561,66317.892.37$10,314
Jun 19993641,88515.942.36$10,255
May 19995381,73515.792.32$12,522
Apr 19993681,87115.102.21$9,688
Mar 19995341,56512.471.84$9,536
Feb 19991801,9649.981.82$5,367
Jan 19995371,73410.381.90$8,869
Dec 19987182,0849.201.77$10,301
Nov 19983571,22510.892.19$6,565
Oct 19985412,30012.421.97$11,248
Sep 19983581,88012.592.08$8,423
Aug 19987252,22911.301.91$12,444
Jul 19987242,60611.742.24$14,330
Jun 19983772,18811.242.24$9,133
May 19988991,95712.622.21$15,663
Apr 19983731,99813.042.51$9,870
Mar 19983592,14512.802.31$9,549
Feb 19987362,02313.952.30$14,918
Jan 19983682,49814.702.15$10,792
Dec 19977452,44016.322.41$18,041
Nov 19971,0802,74318.193.09$28,116
Oct 19973552,59219.253.15$14,998
Sep 19971,0773,10017.742.95$28,266
Aug 19973782,98717.862.55$14,382
Jul 19977132,89417.582.25$19,037
Jun 19973552,96217.242.26$12,806
May 19971,0763,43018.972.31$28,330
Apr 19975563,30117.882.08$16,817
Mar 19971,0723,69518.951.94$27,480
Feb 19977173,05920.492.21$21,439
Jan 19971,2673,74523.483.54$43,005
Dec 19961,0784,70123.32$25,139
Nov 19961,0952,96621.97$24,057
Oct 19961,0674,68523.31$24,872
Sep 19961,4644,80422.22$32,530
Aug 19961,2548,94120.26$25,406
Jul 19961,8116,95919.55$35,405
Jun 19961,4623,05518.73$27,383
May 19961,4594,56519.43$28,348
Apr 19962,2044,71421.51$47,408
Mar 19961,7946,86119.38$34,768
Feb 19962,5277,03716.98$42,908
Jan 19961,0913,17817.07$18,623
Dec 19952,1515,86117.19$36,976
Nov 19952,7507,65516.00$44,000
Oct 19953,82210,31015.43$58,973
Sep 19950116.18$0
Aug 19953,58910,28815.92$57,137
Jul 19954,91512,83015.24$74,905
Jun 19955,69911,94616.41$93,521
May 19957,28110,97817.56$127,854
Apr 199510,00223,53417.73$177,335
Mar 199512,49021,94216.44$205,336
Feb 199515,49510,44816.58$256,907
Jan 199515,52415,39015.92$247,142
Dec 19941015.03$15
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19942012.50$25
Jan 19940012.66$0
Dec 19931112.33$12
Nov 19930014.49$0
Oct 1993187115.85$2,964
Sep 19931115.03$15
Aug 19930115.66$0
Jul 199313015.46$201
Jun 19930116.79$0
May 19930117.68$0
Apr 19930118.05$0
Mar 19930118.14$0
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.

Jan 2024 — as filed, then multipliedworked
Oil                    0 bbl  × $ 73.02 =         $0
Casinghead gas         1 Mcf  × $  3.30 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/16660 is the state's own key, not one this site invented.