FOX

Operated by TIDAL PETROLEUM, INC. (P-5 859240) in the SUGARKANE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12384District 02Field 86950300OilCasinghead gasSaveExport
Value, all time
$6.6 M
Apr 2022 – May 2026
Value, last 12 filed months
$347 k
at the published price for each month
Months reported
50
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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 2016-01-12.

The Commission's schedule remark for this field reads: INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.

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
OilDisposition73,248 bbl$6,216,066
Casinghead gasProduction65,251 Mcf$357,406
Total$6,573,472

Wells on this lease (2)

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 28.9456, -98.0118. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.94554, -98.01175 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,518 ft
2 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.
2100.0%

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

Between 10,496 and 10,539 ft, median 10,518 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2022
2 of 2 wells

2 wells

42-255374311H10,539 ftJun 2022
42-255374322H10,496 ftJun 2022

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 (50)

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

50 months

May 20262280106.413.05$24,261
Apr 2026362098.932.87$35,813
Mar 2026518089.753.15$46,491
Feb 20260063.503.75$0
Jan 2026159059.138.00$9,402
Dec 2025527056.664.41$29,860
Nov 2025522058.593.93$30,584
Oct 2025719059.383.30$42,694
Sep 2025535062.743.08$33,566
Aug 2025181063.933.01$11,571
Jul 2025887066.743.32$59,198
Jun 2025355066.483.13$23,600
May 2025836360.553.23$50,630
Apr 20255471262.363.54$34,153
Mar 20255432867.704.27$36,881
Feb 202586543870.884.34$63,212
Jan 202588848374.324.28$68,063
Dec 20241,09846368.993.12$77,196
Nov 202415551769.052.20$11,839
Oct 202435826171.372.28$26,146
Sep 2024683069.612.36$47,544
Aug 20241,238075.632.06$93,630
Jul 20241,231079.932.15$98,394
Jun 20241,245278.082.63$97,215
May 2024358278.812.20$28,218
Apr 20248875884.451.66$75,003
Mar 202469530980.301.55$56,286
Feb 202416276476.091.78$13,689
Jan 20241,1362,88873.023.30$92,474
Dec 20231,9483,42771.262.61$147,761
Nov 20231,7823,73377.892.81$149,281
Oct 20234761,60485.443.09$45,621
Sep 20238681,88089.042.74$82,429
Aug 20231,43718580.522.67$116,202
Jul 20231,7623,14674.852.64$140,197
Jun 20231,7451,75168.962.26$124,290
May 20232,1413,08170.622.23$158,060
Apr 20232,2952,25578.122.24$184,332
Mar 202372113472.852.39$52,846
Feb 202309675.112.47$237
Jan 20231,61663476.533.39$125,820
Dec 20221,9751,35276.415.73$158,655
Nov 20222,6522,16785.005.65$237,655
Oct 20224,4147,00787.185.86$425,900
Sep 20226,9569,12884.888.16$664,943
Aug 20228,8548,21494.529.13$911,851
Jul 20228,6415,642101.587.54$920,305
Jun 20225,0473,587115.097.98$609,473
May 202200109.378.43$0
Apr 202200104.226.84$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.

May 2026 — as filed, then multipliedworked
Oil                  228 bbl  × $106.41 =    $24,261
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $24,261

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. 02/O/12384 is the state's own key, not one this site invented.