MAGNESS

Name: MAGNESS lease production and value, Mar 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MD AMERICA ENERGY, LLC (P-5 556481) in the MADISONVILLE (LEWISVILLE 8400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22685District 03Field 56590650OilCasinghead gasSave Export

Value, all time

$331 k

Mar 1995 – Jun 2016

Value, last 12 filed months

at the published price for each month

Months reported

256

no gaps in the span

Streams

oil, casinghead gas

The MADISONVILLE (LEWISVILLE 8400) field

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 13 leases and 15 wells, and the rule below applies to all of them.

Discovered

1975-04-15

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-01-01.

The Commission's schedule remark for this field reads: “PER DOCKET 03-0222179 ON 9-14-99, ALLOCATION FORMULA SUSPENDED.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	9,808 bbl	$222,345
Casinghead gas	Production	40,427 Mcf	$108,950
Total			$331,295

11,728 Mcf of this lease's gas, across 22 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 30.8756, -96.0104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.87560, -96.01042 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

10,175 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

1100.0%

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.

00.0%

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 10,175 ft.

Completions filed

Oct 2015

1 of 1 wells

1 well


42-31330475	1	10,175 ft	Oct 2015	—	Yes

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 (256)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

256 months


Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	10	0	88.33	7.30	$883
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	90	75.84	6.24	$562
Aug 2007	0	39	69.06	6.39	$249
Jul 2007	0	42	70.90	6.39	$268
Jun 2007	0	143	62.00	7.55	$1,079
May 2007	0	155	58.74	7.85	$1,216
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	27	0	56.92	7.30	$1,537
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	58	0	54.69	10.59	$3,172
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	254	61.45	12.08	$3,068
Aug 2005	0	409	61.51	9.80	$4,007
Jul 2005	50	170	55.69	7.84	$4,118
Jun 2005	0	141	52.33	7.38	$1,041
May 2005	60	153	45.22	6.65	$3,731
Apr 2005	0	214	49.20	7.36	$1,575
Mar 2005	0	282	50.37	7.15	$2,018
Feb 2005	189	263	45.22	6.31	$10,207
Jan 2005	0	178	43.16	6.32	$1,125
Dec 2004	69	68	39.86	6.75	$3,209
Nov 2004	0	55	45.28	6.33	$348
Oct 2004	59	54	49.70	6.52	$3,284
Sep 2004	138	243	43.24	5.28	$7,251
Aug 2004	0	239	42.37	5.55	$1,327
Jul 2004	0	167	38.28	6.08	$1,016
Jun 2004	71	203	36.10	6.43	$3,869
May 2004	0	261	37.48	6.49	$1,695
Apr 2004	93	411	34.47	5.86	$5,614
Mar 2004	37	75	34.36	5.53	$1,686
Feb 2004	71	106	32.45	5.51	$2,888
Jan 2004	0	366	32.03	6.30	$2,306
Dec 2003	66	476	30.26	6.30	$4,997
Nov 2003	68	435	28.80	4.60	$3,957
Oct 2003	0	283	28.17	4.76	$1,347
Sep 2003	57	342	26.31	4.75	$3,124
Aug 2003	33	0	29.76	5.13	$982
Jul 2003	19	519	29.41	5.17	$3,242
Jun 2003	323	0	28.56	5.98	$9,225
May 2003	672	0	26.59	5.97	$17,868
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	29	24.66	4.14	$120
Oct 2002	61	464	26.46	4.23	$3,576
Sep 2002	0	528	27.44	3.64	$1,919
Aug 2002	68	476	25.96	3.16	$3,271
Jul 2002	0	483	24.58	3.06	$1,479
Jun 2002	55	408	23.73	3.34	$2,667
May 2002	59	456	24.66	3.58	$3,089
Apr 2002	57	439	23.65	3.51	$2,890
Mar 2002	57	354	22.00	3.10	$2,352
Feb 2002	53	291	18.22	2.38	$1,657
Jan 2002	0	266	17.17	2.38	$632
Dec 2001	53	411	16.93	2.36	$1,869
Nov 2001	58	405	18.07	2.41	$2,022
Oct 2001	114	372	19.78	2.53	$3,196
Sep 2001	0	330	24.26	2.25	$743
Aug 2001	66	136	24.87	3.05	$2,057
Jul 2001	0	245	23.93	3.20	$783
Jun 2001	61	216	24.56	3.82	$2,324
May 2001	0	231	25.52	4.31	$995
Apr 2001	64	223	24.68	5.34	$2,769
Mar 2001	67	246	24.54	5.38	$2,967
Feb 2001	66	183	27.75	5.77	$2,887
Jan 2001	66	172	27.47	8.40	$3,258
Dec 2000	0	176	26.88	9.12	$1,606
Nov 2000	60	184	32.21	5.66	$2,974
Oct 2000	79	250	31.23	5.15	$3,754
Sep 2000	83	284	31.87	5.19	$4,118
Aug 2000	74	220	29.64	4.54	$3,192
Jul 2000	70	163	28.53	4.09	$2,664
Jun 2000	118	219	29.30	4.40	$4,420
May 2000	0	225	27.26	3.68	$828
Apr 2000	169	294	24.51	3.12	$5,058
Mar 2000	176	290	28.42	2.86	$5,831
Feb 2000	95	157	27.62	2.73	$3,052
Jan 2000	155	125	25.27	2.48	$4,227
Dec 1999	63	54	24.28	2.42	$1,661
Nov 1999	0	99	23.19	2.43	$241
Oct 1999	109	140	20.98	2.80	$2,679
Sep 1999	49	124	21.75	2.62	$1,390
Aug 1999	46	189	19.26	2.88	$1,429
Jul 1999	96	212	17.89	2.37	$2,220
Jun 1999	107	245	15.94	2.36	$2,284
May 1999	120	432	15.79	2.32	$2,897
Apr 1999	0	244	15.10	2.21	$539
Mar 1999	198	240	12.47	1.84	$2,910
Feb 1999	209	547	9.98	1.82	$3,080
Jan 1999	146	973	10.38	1.90	$3,364
Dec 1998	70	426	9.20	1.77	$1,399
Nov 1998	0	300	10.89	2.19	$656
Oct 1998	71	335	12.42	1.97	$1,542
Sep 1998	66	274	12.59	2.08	$1,402
Aug 1998	57	323	11.30	1.91	$1,260
Jul 1998	0	347	11.74	2.24	$776
Jun 1998	49	331	11.24	2.24	$1,291
May 1998	115	332	12.62	2.21	$2,184
Apr 1998	68	291	13.04	2.51	$1,616
Mar 1998	56	274	12.80	2.31	$1,350
Feb 1998	59	287	13.95	2.30	$1,483
Jan 1998	57	303	14.70	2.15	$1,491
Dec 1997	57	246	16.32	2.41	$1,523
Nov 1997	0	422	18.19	3.09	$1,303
Oct 1997	63	447	19.25	3.15	$2,621
Sep 1997	63	532	17.74	2.95	$2,690
Aug 1997	64	538	17.86	2.55	$2,517
Jul 1997	0	441	17.58	2.25	$991
Jun 1997	65	457	17.24	2.26	$2,152
May 1997	105	400	18.97	2.31	$2,915
Apr 1997	37	241	17.88	2.08	$1,164
Mar 1997	73	296	18.95	1.94	$1,957
Feb 1997	78	291	20.49	2.21	$2,240
Jan 1997	82	279	23.48	3.54	$2,913
Dec 1996	65	171	23.32	—	$1,516
Nov 1996	75	245	21.97	—	$1,648
Oct 1996	85	354	23.31	—	$1,981
Sep 1996	82	328	22.22	—	$1,822
Aug 1996	78	499	20.26	—	$1,580
Jul 1996	159	471	19.55	—	$3,108
Jun 1996	78	445	18.73	—	$1,461
May 1996	82	453	19.43	—	$1,593
Apr 1996	213	537	21.51	—	$4,582
Mar 1996	228	600	19.38	—	$4,419
Feb 1996	92	595	16.98	—	$1,562
Jan 1996	82	674	17.07	—	$1,400
Dec 1995	88	721	17.19	—	$1,513
Nov 1995	140	636	16.00	—	$2,240
Oct 1995	237	937	15.43	—	$3,657
Sep 1995	143	330	16.18	—	$2,314
Aug 1995	163	731	15.92	—	$2,595
Jul 1995	230	529	15.24	—	$3,505
Jun 1995	233	447	16.41	—	$3,824
May 1995	346	782	17.56	—	$6,076
Apr 1995	137	972	17.73	—	$2,429
Mar 1995	0	271	16.44	—	$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.

Dec 2007 — as filed, then multipliedworked

Oil                   10 bbl  × $ 88.33 =       $883
Casinghead gas         0 Mcf  × $  7.30 =         $0

────────────────────────────────────────────────────
Month total                                     $883

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/22685 is the state's own key, not one this site invented.