GANTT, T.K.

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 18484District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$7.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$59 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
OilDisposition107,872 bbl$6,904,188
Casinghead gasProduction141,642 Mcf$491,887
Total$7,396,075

13,134 Mcf of this lease's gas, across 45 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 30.2968, -96.8397. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.29685, -96.83973 · 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
10,990 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 10,990 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-28731767110,990 ftJul 2008

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 2026044106.413.05$134
Apr 2026010798.932.87$307
Mar 202604789.753.15$148
Feb 202602063.503.75$75
Jan 20261915159.138.00$11,702
Dec 2025311256.664.41$664
Nov 202517612658.593.93$10,807
Oct 20251717859.383.30$10,412
Sep 2025312062.743.08$557
Aug 202517511863.933.01$11,543
Jul 202517814866.743.32$12,370
Jun 2025611766.483.13$765
May 202518010560.553.23$11,238
Apr 202518031562.363.54$12,341
Mar 2025110467.704.27$512
Feb 202519127570.884.34$14,732
Jan 202549674.324.28$708
Dec 202416468.993.12$269
Nov 202419620669.052.20$13,987
Oct 202418422771.372.28$13,650
Sep 202419322069.612.36$13,955
Aug 202417815575.632.06$13,782
Jul 202418221579.932.15$15,009
Jun 2024244278.082.63$1,320
May 202418226478.812.20$14,924
Apr 202406484.451.66$106
Mar 202419225780.301.55$15,815
Feb 202419127776.091.78$15,027
Jan 202437434373.023.30$28,441
Dec 202318143171.262.61$14,023
Nov 202318936077.892.81$15,732
Oct 2023224385.443.09$921
Sep 202318034089.042.74$16,957
Aug 202317323380.522.67$14,553
Jul 2023220474.852.64$689
Jun 202318917568.962.26$13,429
May 202318719270.622.23$13,634
Apr 2023117878.122.24$476
Mar 202317225772.852.39$13,145
Feb 2023226875.112.47$811
Jan 202325922476.533.39$20,580
Dec 2022116976.415.73$1,045
Nov 202218021385.005.65$16,503
Oct 2022223187.185.86$1,529
Sep 202218135584.888.16$18,261
Aug 202218825894.529.13$20,125
Jul 20221248101.587.54$1,972
Jun 2022184269115.097.98$23,322
May 2022180311109.378.43$22,309
Apr 20223335104.226.84$2,603
Mar 2022184314108.885.08$21,628
Feb 202218834791.054.86$18,803
Jan 202218728981.844.54$16,615
Dec 2021136171.323.90$1,479
Nov 202118537777.435.24$16,299
Oct 202119528579.795.71$17,188
Sep 202118438769.865.35$14,925
Aug 202117046166.024.22$13,169
Jul 202117937270.783.98$14,151
Jun 202118734269.493.38$14,151
May 202118041563.483.02$12,679
Apr 202135727260.362.76$22,299
Mar 202135384761.302.72$23,940
Feb 202117526957.805.55$11,607
Jan 202136739950.412.81$19,622
Dec 2020544744.642.68$1,419
Nov 202035751238.772.71$15,227
Oct 202036839836.972.48$14,591
Sep 202034249237.091.99$13,664
Aug 202036844339.982.39$15,769
Jul 202036352338.371.83$14,883
Jun 202036294534.901.69$14,231
May 202036256416.921.81$7,149
Apr 202037550314.751.80$6,439
Mar 202055843130.341.86$17,730
Feb 202034359849.881.98$18,293
Jan 202034372157.252.09$21,147
Dec 201952766759.012.30$32,635
Nov 20195201,28755.302.75$32,296
Oct 201933580553.472.42$19,859
Sep 201916728055.052.66$9,937
Aug 201951074253.112.30$28,796
Jul 20193521,54856.272.46$23,615
Jun 20195221,00152.782.49$30,045
May 201917844158.482.74$11,618
Apr 20193491,34762.632.75$25,563
Mar 20195291,17456.803.06$33,642
Feb 20193741,02250.852.79$21,872
Jan 20195491,23046.033.23$29,241
Dec 20183501,41946.594.19$22,246
Nov 201850286152.934.24$30,219
Oct 20183361,14161.443.40$24,521
Sep 20185041,59559.543.11$34,965
Aug 201850483559.403.07$32,498
Jul 20185051,02265.142.93$35,892
Jun 201849496260.183.08$32,689
May 201832898065.382.90$24,287
Apr 201849463563.842.90$33,379
Mar 201834686161.222.79$23,582
Feb 201834193261.782.77$23,645
Jan 20183451,40562.874.01$27,323
Dec 20176861,23857.272.92$42,904
Nov 201784540755.423.12$48,099
Oct 201717323849.292.98$9,237
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20171042.493.09$42
May 2017165445.373.26$7,499
Apr 20173361,52447.933.21$20,999
Mar 20175121,08946.772.98$27,195
Feb 201732884750.452.95$19,048
Jan 201767545549.413.42$34,907
Dec 201683866348.763.72$43,329
Nov 201634085642.492.64$16,710
Oct 20165231,50446.193.09$28,805
Sep 20165171,56941.553.10$26,346
Aug 201650683941.442.92$23,422
Jul 201650895741.622.92$23,942
Jun 201650887445.352.69$25,385
May 201618567042.521.99$9,200
Apr 201635938536.561.99$13,892
Mar 201618135533.011.79$6,612
Feb 201653258926.472.06$15,298
Jan 201653937527.352.36$15,628
Dec 201554345432.362.00$18,480
Nov 201533737238.792.17$13,878
Oct 201536736243.552.43$16,861
Sep 201518147642.992.76$9,094
Aug 20155251,18540.162.87$24,488
Jul 201536344248.152.95$18,780
Jun 201517833056.152.88$10,946
May 201535338755.212.96$20,633
Apr 201544345049.822.71$23,288
Mar 201516886942.892.93$9,756
Feb 201553435744.662.98$24,911
Jan 201520370643.433.10$11,005
Dec 20145321,37854.693.59$34,044
Nov 20143601,36070.464.25$31,148
Oct 20145521,18178.303.90$47,829
Sep 201434558086.164.05$32,072
Aug 201434157289.394.04$32,790
Jul 201416918196.564.18$17,075
Jun 201434691398.164.74$38,288
May 20144751,17794.734.73$50,560
Apr 20145051,10595.944.81$53,764
Mar 201452786595.895.06$54,908
Feb 201417474697.406.19$21,567
Jan 201452593590.404.86$52,005
Dec 201353692391.824.35$53,235
Nov 201353054088.853.74$49,109
Oct 201352194097.423.78$54,308
Sep 20135171,115104.113.72$57,970
Aug 2013515821104.253.52$56,581
Jul 2013860435102.523.72$89,784
Jun 201385936694.403.93$82,529
May 201385526494.834.15$82,175
Apr 201369214793.964.28$65,650
Mar 201351123193.623.91$48,744
Feb 201352015391.233.42$47,963
Jan 201352413891.603.42$48,470
Dec 201234816686.773.42$30,764
Nov 201252113786.953.62$45,798
Oct 201250922989.383.40$46,273
Sep 201234220994.672.92$32,987
Aug 201251618692.662.91$48,353
Jul 201282927085.133.02$71,388
Jun 201251815379.822.52$41,732
May 201252215591.612.49$48,206
Apr 2012691194101.652.00$70,628
Mar 2012690174105.052.22$72,871
Feb 2012690119101.102.57$70,065
Jan 201268316398.092.73$67,441
Dec 201151315296.873.24$50,187
Nov 201168617195.723.31$66,230
Oct 201168621384.983.65$59,073
Sep 201168922583.623.99$58,511
Aug 201185425083.404.15$72,261
Jul 201168326694.144.52$65,499
Jun 201168220492.904.64$64,304
May 201186320398.134.40$85,580
Apr 2011852203105.964.33$91,158
Mar 201168624696.364.06$67,101
Feb 201168321885.644.18$59,403
Jan 201185526886.504.59$75,187
Dec 20101,36131185.734.35$118,031
Nov 20101,19230080.843.80$97,500
Oct 20101,19236978.103.51$94,390
Sep 20101,69837572.633.98$124,818
Aug 20101,16943773.684.42$88,063
Jul 20101,03541072.554.74$77,031
Jun 20101,01736970.364.91$73,368
May 20101,35544371.124.24$98,244
Apr 20101,02429181.694.12$84,850
Mar 201069940878.394.39$56,585
Feb 201069938673.585.44$53,533
Jan 201067744874.365.96$53,014
Dec 200953950071.445.48$41,248
Nov 200951451474.593.75$40,268
Oct 200951262772.544.11$39,718
Sep 200950968465.543.06$35,456
Aug 200934053767.423.22$24,651
Jul 200951667661.133.46$33,885
Jun 200949959566.163.90$35,331
May 200985152454.743.93$48,641
Apr 20091,19059146.773.59$57,777
Mar 200968066742.144.06$31,363
Feb 200969971532.814.63$26,247
Jan 200988693635.865.37$36,799
Dec 20081,0601,26537.105.98$46,887
Nov 20088971,27155.496.86$58,494
Oct 20081,60798475.246.92$127,722
Sep 20081,4241,568101.767.88$157,258
Aug 20081,7793,800114.228.48$235,433
Jul 20084203131.0811.39$2,836
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081140110.3110.45$12,575
Mar 200817925101.909.66$18,482
Feb 20081813492.538.77$17,046
Jan 2008581090.388.21$5,324
Dec 20071088.337.30$88
Nov 20072091.677.29$183
Oct 20077082.856.92$580
Sep 20073075.846.24$228
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20072062.007.55$124
May 20076058.747.85$352
Apr 20074059.617.81$238
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20076050.306.73$302
Dec 20061056.656.92$57
Nov 200613054.207.62$705
Oct 20063054.906.01$165
Sep 20065060.085.04$300
Aug 20064068.717.34$275
Jul 20066069.376.34$416
Jun 20069366.286.38$616
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20061056.707.08$57
Feb 200614457.597.75$399
Jan 2006757660.598.93$5,223
Dec 200507654.9413.42$1,020
Nov 2005728654.6910.59$4,848
Oct 200509558.3413.80$1,311
Sep 2005926961.4512.08$6,487
Aug 200519361.519.80$973
Jul 20051089555.697.84$6,760
Jun 200509152.337.38$672
May 200511710145.226.65$5,963
Apr 200509049.207.36$662
Mar 20054510850.377.15$3,039
Feb 200519545.226.31$645
Jan 20059310443.166.32$4,671
Dec 2004010739.866.75$722
Nov 2004897345.286.33$4,492
Oct 2004012149.706.52$788
Sep 2004779143.245.28$3,810
Aug 2004011042.375.55$611
Jul 200416010738.286.08$6,776
Jun 2004010436.106.43$669
May 2004010137.486.49$656
Apr 200414510634.475.86$5,619
Mar 2004010934.365.53$603
Feb 2004010632.455.51$584
Jan 200411811132.036.30$4,479
Dec 2003011630.266.30$731
Nov 200310511628.804.60$3,557
Oct 2003011928.174.76$566
Sep 200311212626.314.75$3,545
Aug 2003113629.765.13$727
Jul 200311513729.415.17$4,091
Jun 2003013428.565.98$802
May 200312213126.595.97$4,026
Apr 2003113426.675.41$751
Mar 20038112031.146.10$3,254
Feb 200312411433.487.93$5,055
Jan 2003013130.315.58$731
Dec 20028611926.914.85$2,892
Nov 20028712824.664.14$2,675
Oct 2002012026.464.23$507
Sep 20029311127.443.64$2,955
Aug 2002013925.963.16$440
Jul 200212014724.583.06$3,400
Jun 20026814623.733.34$2,101
May 2002015324.663.58$548
Apr 2002015023.653.51$527
Mar 200216315622.003.10$4,070
Feb 200218318.222.38$215
Jan 20021796617.172.38$3,230
Dec 2001010716.932.36$253
Nov 2001014618.072.41$351
Oct 2001016219.782.53$410
Sep 200112916724.262.25$3,506
Aug 2001017324.873.05$528
Jul 200110219423.933.20$3,061
Jun 2001019424.563.82$742
May 2001016225.524.31$698
Apr 20011084424.685.34$2,900
Mar 200103424.545.38$183
Feb 20011057927.755.77$3,369
Jan 20011129227.478.40$3,849
Dec 2000017526.889.12$1,596
Nov 200010926132.215.66$4,988
Oct 2000629631.235.15$1,710
Sep 200010631131.875.19$4,991
Aug 2000631629.644.54$1,613
Jul 20007236628.534.09$3,551
Jun 20009937429.304.40$4,545
May 200018838927.263.68$6,556
Apr 2000041724.513.12$1,299
Mar 200014241728.422.86$5,228
Feb 200034146427.622.73$10,684
Jan 200017751325.272.48$5,745
Dec 199934541824.282.42$9,390
Nov 1999131023.192.43$3,038
Oct 199917810420.982.80$4,026
Sep 1999014321.752.62$375
Aug 1999010119.262.88$290
Jul 199912917.892.37$87
Jun 199937110915.942.36$6,171
May 1999010915.792.32$253
Apr 1999011915.102.21$263
Mar 1999013112.471.84$241
Feb 199901179.981.82$213
Jan 199918212410.381.90$2,125
Dec 19981771319.201.77$1,861
Nov 1998012810.892.19$280
Oct 199818015212.421.97$2,535
Sep 1998022112.592.08$460
Aug 1998021211.301.91$404
Jul 199835119311.742.24$4,553
Jun 1998017711.242.24$396
May 199817612312.622.21$2,493
Apr 1998013113.042.51$328
Mar 199835312412.802.31$4,805
Feb 1998010113.952.30$232
Jan 199808814.702.15$190
Dec 1997010616.322.41$256
Nov 1997013318.193.09$411
Oct 1997019719.253.15$621
Sep 199717920617.742.95$3,784
Aug 199718022917.862.55$3,800
Jul 1997022017.582.25$494
Jun 199717920517.242.26$3,549
May 1997023018.972.31$531
Apr 199717815817.882.08$3,512
Mar 199718619318.951.94$3,899
Feb 1997017220.492.21$379
Jan 199716915923.483.54$4,531
Dec 1996016723.32$0
Nov 199617419321.97$3,823
Oct 199617924023.31$4,172
Sep 199617724122.22$3,933
Aug 1996026120.26$0
Jul 199636629419.55$7,155
Jun 199618225518.73$3,409
May 199620118619.43$3,905
Apr 199618018521.51$3,872
Mar 199655516019.38$10,756
Feb 1996211416.98$34
Jan 1996019517.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 1995014716.18$0
Aug 199535125715.92$5,588
Jul 1995040015.24$0
Jun 199527132216.41$4,447
May 1995124217.56$18
Apr 19951319117.73$230
Mar 1995139316.44$214
Feb 199535114416.58$5,820
Jan 1995413215.92$64
Dec 199417828215.03$2,675
Nov 199419333615.90$3,069
Oct 199418822115.58$2,929
Sep 1994622915.29$92
Aug 1994530416.13$81
Jul 199417731217.56$3,108
Jun 199418231917.09$3,110
May 199418130615.88$2,874
Apr 199418031514.14$2,545
Mar 199418834512.46$2,342
Feb 199418130312.50$2,263
Jan 199416334312.66$2,064
Dec 199317238012.33$2,121
Nov 1993035114.49$0
Oct 199336046315.85$5,706
Sep 199317450215.03$2,615
Aug 199318322215.66$2,866
Jul 199317642015.46$2,721
Jun 199333038316.79$5,541
May 199317742417.68$3,129
Apr 199336848518.05$6,642
Mar 199318548018.14$3,356
Feb 199319041317.90$3,401
Jan 199319257716.93$3,251

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                    0 bbl  × $106.41 =         $0
Casinghead gas        44 Mcf  × $  3.05 =       $134

────────────────────────────────────────────────────
Month total                                     $134

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/18484 is the state's own key, not one this site invented.