LORENZ, KAY

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 25496District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$2.0 M
Dec 2009 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
198
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

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
OilDisposition23,770 bbl$1,796,753
Casinghead gasProduction53,099 Mcf$192,244
Total$1,988,997

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 30.0081, -97.0334. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.00807, -97.03341 · 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
8,014 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 8,014 ft.

Completions filed
Dec 2009
1 of 1 wells

1 well

42-149332072H8,014 ftDec 2009

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 (198)

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

198 months

May 202600106.413.05$0
Apr 202634298.932.87$417
Mar 2026023889.753.15$750
Feb 202601963.503.75$71
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250458.593.93$16
Oct 20250059.383.30$0
Sep 202501062.743.08$31
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 202416180.301.55$175
Feb 202413276.091.78$133
Jan 202401873.023.30$59
Dec 202303571.262.61$91
Nov 202304377.892.81$121
Oct 202347985.443.09$586
Sep 202314789.042.74$218
Aug 202318480.522.67$305
Jul 202316374.852.64$241
Jun 2023112568.962.26$351
May 202304770.622.23$105
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 202317276.533.39$320
Dec 202211076.415.73$134
Nov 202227285.005.65$577
Oct 202201687.185.86$94
Sep 202204784.888.16$384
Aug 202206394.529.13$575
Jul 2022014101.587.54$106
Jun 2022142115.097.98$450
May 202217241109.378.43$19,157
Apr 2022040104.226.84$274
Mar 2022133108.885.08$276
Feb 202211291.054.86$149
Jan 202203081.844.54$136
Dec 202104771.323.90$183
Nov 202116977.435.24$439
Oct 202114879.795.71$354
Sep 202106669.865.35$353
Aug 20211466.024.22$83
Jul 20212770.783.98$169
Jun 202121169.493.38$176
May 202125363.483.02$287
Apr 202114760.362.76$190
Mar 202107461.302.72$201
Feb 202101357.805.55$72
Jan 202101250.412.81$34
Dec 202002444.642.68$64
Nov 202002638.772.71$70
Oct 202003036.972.48$74
Sep 202003537.091.99$70
Aug 202016211339.982.39$6,746
Jul 20200038.371.83$0
Jun 202001834.901.69$30
May 20200016.921.81$0
Apr 2020112214.751.80$202
Mar 20202814330.341.86$1,115
Feb 202018718649.881.98$9,696
Jan 202018823357.252.09$11,251
Dec 201946859.012.30$393
Nov 20193555.302.75$180
Oct 20190053.472.42$0
Sep 2019222855.052.66$716
Aug 20191873553.112.30$10,012
Jul 2019223456.272.46$688
Jun 201918431452.782.49$10,494
May 201909958.482.74$271
Apr 2019420962.632.75$825
Mar 201918625956.803.06$11,358
Feb 201919750.852.79$322
Jan 201918823546.033.23$9,412
Dec 2018529946.594.19$1,484
Nov 2018324952.934.24$1,214
Oct 201819123661.443.40$12,537
Sep 2018733459.543.11$1,455
Aug 201818860059.403.07$13,007
Jul 2018530765.142.93$1,226
Jun 2018418060.183.08$795
May 201818525465.382.90$12,832
Apr 2018520463.842.90$911
Mar 2018320461.222.79$752
Feb 201819131661.782.77$12,674
Jan 201804462.874.01$176
Dec 2017212957.272.92$491
Nov 201718563755.423.12$12,239
Oct 2017070449.292.98$2,101
Sep 201718048047.523.09$10,035
Aug 2017043245.373.00$1,298
Jul 2017056243.873.09$1,735
Jun 201718645942.493.09$9,320
May 2017539645.373.26$1,519
Apr 201729147.933.21$388
Mar 2017593746.772.98$3,030
Feb 201717448650.452.95$10,213
Jan 201717416149.413.42$9,148
Dec 2016128848.763.72$1,121
Nov 201618812642.492.64$8,321
Oct 2016613146.193.09$682
Sep 20161673441.553.10$7,044
Aug 2016411941.442.92$514
Jul 2016528541.622.92$1,042
Jun 201619022145.352.69$9,210
May 2016189442.521.99$8,044
Apr 201602636.561.99$52
Mar 20160833.011.79$14
Feb 201617810026.472.06$4,918
Jan 2016037927.352.36$896
Dec 201518264232.362.00$7,174
Nov 2015115838.792.17$381
Oct 201518946743.552.43$9,364
Sep 201517855542.992.76$9,183
Aug 201516935740.162.87$7,813
Jul 201518081948.152.95$11,079
Jun 201501956.152.88$55
May 20151055.212.96$55
Apr 201517424849.822.71$9,340
Mar 201535576042.892.93$17,456
Feb 20151961,09644.662.98$12,015
Jan 201512443.433.10$118
Dec 201419445454.693.59$12,240
Nov 201417362570.464.25$14,847
Oct 2014013278.303.90$515
Sep 201411686.164.05$151
Aug 20141691289.394.04$15,155
Jul 201417728796.564.18$18,291
Jun 2014114998.164.74$804
May 201417811994.734.73$17,424
Apr 201417022195.944.81$17,373
Mar 2014628695.895.06$2,022
Feb 201413297.406.19$296
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 201317533488.853.74$16,797
Oct 2013376597.423.78$3,183
Sep 2013361782104.113.72$40,491
Aug 20132261104.253.52$1,128
Jul 20132355102.523.72$1,525
Jun 201317549794.403.93$18,475
May 201334834694.834.15$34,436
Apr 20133693.964.28$308
Mar 201317015393.623.91$16,514
Feb 201334433791.233.42$32,536
Jan 20133495691.603.42$32,160
Dec 20121771986.773.42$15,423
Nov 2012173286.953.62$15,050
Oct 20121721789.383.40$15,431
Sep 201217629494.672.92$17,520
Aug 201235646292.662.91$34,331
Jul 2012143785.133.02$1,405
Jun 201217638779.822.52$15,023
May 2012163191.612.49$14,935
Apr 20121761,017101.652.00$19,921
Mar 2012180263105.052.22$19,493
Feb 2012345754101.102.57$36,817
Jan 201217432898.092.73$17,964
Dec 2011427396.873.24$1,272
Nov 20115192,13395.723.31$56,742
Oct 2011417084.983.65$960
Sep 2011172783.623.99$14,411
Aug 201117250283.404.15$16,428
Jul 20113521,45694.144.52$39,714
Jun 201117931792.904.64$18,100
May 20113501,28998.134.40$40,023
Apr 2011353361105.964.33$38,968
Mar 201151899196.364.06$53,935
Feb 201134779785.644.18$33,049
Jan 201152566086.504.59$48,441
Dec 20101,0382,04085.734.35$97,857
Nov 201017437680.843.80$15,493
Oct 201017135878.103.51$14,611
Sep 20106941,45072.633.98$56,175
Aug 201069181373.684.42$54,506
Jul 20107001,61672.554.74$58,439
Jun 20105361,93470.364.91$47,210
May 20106981,94871.124.24$57,892
Apr 20107111,41981.694.12$63,932
Mar 20105631,67378.394.39$51,476
Feb 20101,62622073.585.44$120,838
Jan 20101,4281674.365.96$106,282
Dec 2009181471.445.48$12,953

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.

Apr 2026 — as filed, then multipliedworked
Oil                    3 bbl  × $ 98.93 =       $297
Casinghead gas        42 Mcf  × $  2.87 =       $121

────────────────────────────────────────────────────
Month total                                     $417

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/25496 is the state's own key, not one this site invented.