MAGNOLIA FEE

Operated by OILWELL OPERATORS, INC. (P-5 621040) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 23070District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$434 k
Jan 1993 – May 2026
Value, last 12 filed months
$235
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY 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
GasProduction97,868 Mcf$433,956
Total$433,956

13,575 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 (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 35.4755, -101.0502. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.47555, -101.05022 · 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
no depth filed
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.

1 well

42-179800431

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 20257566.483.13$235
May 202521060.553.23$679
Apr 202518762.363.54$663
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024978.812.20$20
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 202316471.262.61$428
Nov 202314877.892.81$416
Oct 202316785.443.09$516
Sep 202329789.042.74$812
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 202212987.185.86$756
Sep 202240184.888.16$3,274
Aug 2022094.529.13$0
Jul 2022167101.587.54$1,260
Jun 2022239115.097.98$1,907
May 2022290109.378.43$2,446
Apr 2022426104.226.84$2,913
Mar 20221108.885.08$5
Feb 202222591.054.86$1,093
Jan 2022081.844.54$0
Dec 202121071.323.90$819
Nov 202117477.435.24$911
Oct 202147779.795.71$2,726
Sep 202112769.865.35$680
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 202017438.772.71$471
Oct 202021536.972.48$533
Sep 202020037.091.99$398
Aug 202024039.982.39$572
Jul 202027138.371.83$495
Jun 202020134.901.69$340
May 202021916.921.81$397
Apr 202019014.751.80$343
Mar 202018230.341.86$338
Feb 202035749.881.98$707
Jan 202014557.252.09$304
Dec 201919659.012.30$452
Nov 201912355.302.75$338
Oct 201920053.472.42$484
Sep 201922155.052.66$587
Aug 201920453.112.30$470
Jul 201921156.272.46$519
Jun 201920152.782.49$501
May 201918158.482.74$496
Apr 201917562.632.75$481
Mar 201917656.803.06$539
Feb 201912150.852.79$338
Jan 201917946.033.23$578
Dec 201818946.594.19$791
Nov 201816952.934.24$716
Oct 201818861.443.40$639
Sep 201819459.543.11$603
Aug 201820559.403.07$629
Jul 201821065.142.93$616
Jun 201821860.183.08$671
May 201823065.382.90$667
Apr 201814963.842.90$432
Mar 201816761.222.79$465
Feb 201811061.782.77$304
Jan 201813462.874.01$537
Dec 20178657.272.92$251
Nov 201711155.423.12$346
Oct 201712249.292.98$364
Sep 201716047.523.09$494
Aug 201717245.373.00$517
Jul 201718643.873.09$574
Jun 201715542.493.09$479
May 201717045.373.26$555
Apr 201715347.933.21$491
Mar 201715646.772.98$465
Feb 201713650.452.95$402
Jan 201712649.413.42$431
Dec 201615648.763.72$581
Nov 201615642.492.64$413
Oct 201616946.193.09$522
Sep 201617241.553.10$533
Aug 201617541.442.92$512
Jul 201616441.622.92$480
Jun 201616645.352.69$446
May 201615142.521.99$301
Apr 201614936.561.99$297
Mar 201615433.011.79$276
Feb 201615426.472.06$318
Jan 201614827.352.36$350
Dec 201512432.362.00$248
Nov 201514738.792.17$319
Oct 201513843.552.43$335
Sep 201515842.992.76$436
Aug 201514740.162.87$422
Jul 201514348.152.95$421
Jun 201515056.152.88$432
May 201514555.212.96$429
Apr 201514249.822.71$384
Mar 201517642.892.93$517
Feb 201547744.662.98$1,420
Jan 201564943.433.10$2,012
Dec 201421554.693.59$772
Nov 201419470.464.25$825
Oct 201418078.303.90$702
Sep 201425186.164.05$1,015
Aug 201425189.394.04$1,013
Jul 201429896.564.18$1,246
Jun 201429598.164.74$1,397
May 201431194.734.73$1,470
Apr 201424795.944.81$1,188
Mar 201425395.895.06$1,279
Feb 201418097.406.19$1,115
Jan 201424690.404.86$1,196
Dec 201322491.824.35$975
Nov 201324288.853.74$905
Oct 201325297.423.78$952
Sep 2013282104.113.72$1,048
Aug 2013295104.253.52$1,039
Jul 2013294102.523.72$1,093
Jun 201327394.403.93$1,074
May 201323894.834.15$987
Apr 201324793.964.28$1,058
Mar 201324993.623.91$974
Feb 201323091.233.42$787
Jan 201344891.603.42$1,532
Dec 201225886.773.42$882
Nov 201223086.953.62$834
Oct 201226889.383.40$911
Sep 201231094.672.92$905
Aug 201240592.662.91$1,178
Jul 201230885.133.02$930
Jun 201237679.822.52$947
May 201231391.612.49$779
Apr 2012367101.652.00$733
Mar 2012388105.052.22$862
Feb 2012352101.102.57$905
Jan 201235698.092.73$973
Dec 201141996.873.24$1,357
Nov 201136895.723.31$1,219
Oct 201133684.983.65$1,226
Sep 201129983.623.99$1,192
Aug 201131483.404.15$1,303
Jul 201135094.144.52$1,581
Jun 201128292.904.64$1,308
May 201131298.134.40$1,374
Apr 2011309105.964.33$1,339
Mar 201138896.364.06$1,574
Feb 201129285.644.18$1,221
Jan 201139886.504.59$1,826
Dec 201041485.734.35$1,800
Nov 201042380.843.80$1,605
Oct 201033678.103.51$1,179
Sep 201038672.633.98$1,536
Aug 201044073.684.42$1,945
Jul 201043772.554.74$2,070
Jun 201041170.364.91$2,018
May 201041971.124.24$1,775
Apr 201038181.694.12$1,571
Mar 201028878.394.39$1,264
Feb 201027673.585.44$1,502
Jan 201029174.365.96$1,736
Dec 200937071.445.48$2,029
Nov 200948774.593.75$1,827
Oct 200919772.544.11$810
Sep 200945165.543.06$1,382
Aug 200942567.423.22$1,368
Jul 200944061.133.46$1,524
Jun 200945366.163.90$1,764
May 200945554.743.93$1,786
Apr 200943546.773.59$1,561
Mar 200935942.144.06$1,457
Feb 200942432.814.63$1,964
Jan 200969335.865.37$3,722
Dec 200837137.105.98$2,218
Nov 200841955.496.86$2,874
Oct 200836875.246.92$2,547
Sep 2008436101.767.88$3,434
Aug 2008438114.228.48$3,716
Jul 2008431131.0811.39$4,909
Jun 2008446131.3313.03$5,813
May 2008450123.1711.57$5,208
Apr 2008445110.3110.45$4,652
Mar 2008337101.909.66$3,257
Feb 200836192.538.77$3,166
Jan 200844190.388.21$3,619
Dec 200738688.337.30$2,819
Nov 200747991.677.29$3,493
Oct 200743782.856.92$3,025
Sep 200729675.846.24$1,848
Aug 200727969.066.39$1,782
Jul 200728970.906.39$1,846
Jun 200729962.007.55$2,257
May 200745858.747.85$3,594
Apr 200766959.617.81$5,222
Mar 200771456.927.30$5,214
Feb 200767955.108.22$5,579
Jan 200750850.306.73$3,417
Dec 200667456.656.92$4,663
Nov 200667654.207.62$5,149
Oct 200664554.906.01$3,879
Sep 200669760.085.04$3,511
Aug 200631068.717.34$2,275
Jul 200630769.376.34$1,947
Jun 200647666.286.38$3,039
May 200625266.016.42$1,619
Apr 200631864.397.36$2,341
Mar 200637756.707.08$2,670
Feb 200618957.597.75$1,465
Jan 200652060.598.93$4,645
Dec 200541954.9413.42$5,621
Nov 200562954.6910.59$6,660
Oct 200576858.3413.80$10,595
Sep 200580861.4512.08$9,760
Aug 200579661.519.80$7,798
Jul 200579855.697.84$6,259
Jun 200581652.337.38$6,023
May 200580945.226.65$5,381
Apr 200569249.207.36$5,093
Mar 200576350.377.15$5,459
Feb 200578045.226.31$4,923
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 200478545.286.33$4,969
Oct 200485349.706.52$5,557
Sep 200479943.245.28$4,222
Aug 200485142.375.55$4,724
Jul 200486938.286.08$5,287
Jun 200488036.106.43$5,661
May 200487437.486.49$5,676
Apr 200480834.475.86$4,734
Mar 200487934.365.53$4,861
Feb 200459632.455.51$3,284
Jan 200450332.036.30$3,169
Dec 200327130.266.30$1,708
Nov 2003028.804.60$0
Oct 200322628.174.76$1,076
Sep 200329226.314.75$1,387
Aug 200324129.765.13$1,236
Jul 200328929.415.17$1,494
Jun 20034828.565.98$287
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 20011916.932.36$45
Nov 20017918.072.41$190
Oct 20019619.782.53$243
Sep 20017724.262.25$173
Aug 20017224.873.05$220
Jul 20018523.933.20$272
Jun 20019724.563.82$371
May 200111125.524.31$478
Apr 20019924.685.34$528
Mar 200110424.545.38$559
Feb 200112627.755.77$727
Jan 200111827.478.40$991
Dec 200010526.889.12$958
Nov 200010632.215.66$600
Oct 20004431.235.15$226
Sep 2000431.875.19$21
Aug 20009029.644.54$409
Jul 20002128.534.09$86
Jun 20007629.304.40$334
May 200011427.263.68$419
Apr 200011524.513.12$358
Mar 200015028.422.86$429
Feb 200011327.622.73$308
Jan 200015325.272.48$380
Dec 199915924.282.42$385
Nov 199916323.192.43$397
Oct 199916920.982.80$474
Sep 199913821.752.62$361
Aug 199917119.262.88$492
Jul 199917717.892.37$420
Jun 199918415.942.36$435
May 199918115.792.32$420
Apr 199918615.102.21$411
Mar 199917612.471.84$324
Feb 19991819.981.82$329
Jan 199917510.381.90$332
Dec 19981909.201.77$337
Nov 199817310.892.19$378
Oct 199819212.421.97$378
Sep 199819312.592.08$402
Aug 199820211.301.91$385
Jul 199820211.742.24$452
Jun 199817911.242.24$400
May 199819812.622.21$437
Apr 199818113.042.51$453
Mar 199819712.802.31$455
Feb 199816513.952.30$379
Jan 199820314.702.15$437
Dec 199720916.322.41$504
Nov 199722118.193.09$683
Oct 199722919.253.15$721
Sep 199720417.742.95$603
Aug 199723317.862.55$595
Jul 199724217.582.25$544
Jun 199725417.242.26$573
May 199723918.972.31$552
Apr 199724117.882.08$502
Mar 199724518.951.94$475
Feb 199721720.492.21$479
Jan 199723623.483.54$835
Dec 199624323.32$0
Nov 199622821.97$0
Oct 199624923.31$0
Sep 199624722.22$0
Aug 199625120.26$0
Jul 199626419.55$0
Jun 199624718.73$0
May 199626619.43$0
Apr 199624521.51$0
Mar 199626019.38$0
Feb 199625816.98$0
Jan 199626717.07$0
Dec 199525417.19$0
Nov 199523516.00$0
Oct 199525515.43$0
Sep 199529216.18$0
Aug 199529715.92$0
Jul 199529515.24$0
Jun 199529116.41$0
May 199529117.56$0
Apr 199527117.73$0
Mar 199525216.44$0
Feb 199519916.58$0
Jan 199531815.92$0
Dec 199421715.03$0
Nov 199422915.90$0
Oct 199426715.58$0
Sep 199419515.29$0
Aug 199427816.13$0
Jul 199428217.56$0
Jun 199427517.09$0
May 199428915.88$0
Apr 199429014.14$0
Mar 199434212.46$0
Feb 199431212.50$0
Jan 199434712.66$0
Dec 199333612.33$0
Nov 199331814.49$0
Oct 199330415.85$0
Sep 199331515.03$0
Aug 199329415.66$0
Jul 199336215.46$0
Jun 199333716.79$0
May 199335417.68$0
Apr 199336618.05$0
Mar 199332318.14$0
Feb 199332417.90$0
Jan 199334416.93$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.

Jun 2025 — as filed, then multipliedworked
Gas                   75 Mcf  × $  3.13 =       $235

────────────────────────────────────────────────────
Month total                                     $235

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. 10/G/23070 is the state's own key, not one this site invented.