LOST VALLEY (CADDO), District 09, Texas

A field is the Railroad Commission's unit of geology and of regulation. Its spacing rule is what decides how many wells an acreage can hold.

Leases
49
with a page here
Operators
15
Value, all time
$76.5 M
79% of the register's 62
Discovered
1971-12-30
Oil and gas

Our estimate: volumes the operator filed with the Commission, valued at the EIA first-purchase price for that month. It is not a payment anyone received, and it is not a royalty. It sums the 49 leases in this field that have a page here — 79% of the register's 62 — so it understates the field.

Production, 2025

The Railroad Commission's Oil and Gas Annual Report for 2025, its most recent. These are the state's figures for the whole field, not ours.

WellsIn the fieldProducingProduced in 2025Also producedCumulative
Oil321611,192 bbl43,004 mcfcasinghead1,757,384 bblsince discovery
Gas54492 mcf0 bblcondensate77,447 mcfsince 1970

The discovery well's oil measured 39.0° API gravity, perforated at 4,610 ft.

Spacing rule

What the Commission requires of a well on this field.

WellsRuleEffectiveFrom the lease lineBetween wellsAcres per unitMax diagonal
OilB1997-10-01330 ft933 ft200 ft

Commission remarks: PSEUDO RULES BUILT TO ACCOMMODATE MITCHELL'S HORIZ. WELL

County

Leases in this field

Every lease here files this field's number with the Commission and has a page on this site.

LeaseOperatorValue
RICHARDS, FRANKPARATUS PETROLEUM LLC$15.3 M
COZARTBEST PETROLEUM EXPLORATIONS,INC.$10.7 M
LAKEBEST PETROLEUM EXPLORATIONS,INC.$7.3 M
RUTH PEEK "A"HEP OIL GP, LLC$4.3 M
SCOTTBRIAR ENERGY CORPORATION$3.2 M
PEEK UNITHEP OIL GP, LLC$3.0 M
MARTIN, J. B. "A"JAY MANAGEMENT COMPANY, LLC$3.0 M
REDFEARNBEST PETROLEUM EXPLORATIONS,INC.$2.3 M
CONKLING-RONEY OUJAY MANAGEMENT COMPANY, LLC$2.1 M
RONEY, VERAPARATUS PETROLEUM LLC$2.1 M
CARTER, LESTERPARATUS PETROLEUM LLC$1.9 M
REED MARTIN OIL UNITMASH OILFIELD SERVICES, LP$1.7 M
CLAYTON, J. R.PARATUS PETROLEUM LLC$1.6 M
RONEY, VERAJAY MANAGEMENT COMPANY, LLC$1.5 M
ROBERTSON-DEATS "C"BULWARK OIL & GAS, LLC$1.5 M
ELLIS "A"PARATUS PETROLEUM LLC$1.4 M
REAGAN-MERCERBULWARK OIL & GAS, LLC$1.3 M
ROBERTSON-DEATS "B"ASPEN OPERATING COMPANY, L.L.C.$1.3 M
ELLIS "B"PARATUS PETROLEUM LLC$1.2 M
HANNA HEIRS "A"PARATUS PETROLEUM LLC$1.2 M
CARPENTER-MARTINASPEN OPERATING COMPANY, L.L.C.$1.1 M
CONKLING, W. W.JAY MANAGEMENT COMPANY, LLC$1.1 M
KING "A"PARATUS PETROLEUM LLC$827 k
CARTER, LESTER "B"PARATUS PETROLEUM LLC$735 k
LEACH, E. A.MILES PRODUCTION CO.$680 k
CARTER, LESTER "A"SILVER CREEK OIL & GAS, LLC$561 k
SUBLETTBEST PETROLEUM EXPLORATIONS,INC.$544 k
MOORE, BERTHAMILES PRODUCTION CO.$504 k
MARTIN, ROYCE W.BEST PETROLEUM EXPLORATIONS,INC.$501 k
RUTH PEEK "A"JONCO$440 k
MARTIN, J. B.JAY MANAGEMENT COMPANY, LLC$412 k
PEEK, RUTHHEP OIL GP, LLC$292 k
RONEY, VERACD CONSULTING & OPERATING CO.$157 k
KING, DONMILES PRODUCTION CO.$126 k
ROBERTSON-DEATS "B"MASH OILFIELD SERVICES, LP$104 k
PEEK UNITXPLORE OPERATING, LLC$87 k
RATLIFFMILES PRODUCTION CO.$78 k
REAGAN, D. "A"ASPEN OPERATING COMPANY, L.L.C.$66 k
PEEK, EMMAHEP OIL GP, LLC$58 k
CARPENTER-MARTININTERNATIONAL WESTERN OIL CORP$41 k
CARPENTER-MARTININTERNATIONAL WESTERN OIL CORP$35 k
RICHARDS, FRANK "A"SILVER CREEK OIL & GAS, LLC$28 k
KING, ALMAPARATUS PETROLEUM LLC$23 k
WILLIAMS, T. D.THRESHOLD DEVELOPMENT COMPANY$16 k
KING "A"PARATUS PETROLEUM LLC$15 k
RUTH PEEK 'A'JONCO$10 k
RUTH PEEK "A"JONCO$9 k
RONEY, VERACD CONSULTING & OPERATING CO.$9 k
RUTH PEEK "A"JONCO$8 k

Field number 55050333, from the Railroad Commission's field register. The register's own index resolves 62 leases and 99 wells to this field by name, over every lease in Texas rather than only those with a page here. It resolves a lease by NAME and refuses an ambiguous one, so it counts nothing for a field that shares its name with another — which is why the lease count above comes from the field number instead.