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NIXON LAKE

Operated by WILDFIRE ENERGY OPERATING LLC (P-5 923444) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 288368District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.3 M
Jul 2019 – May 2026
Value, last 12 filed months
$667 k
at the published price for each month
Months reported
83
no gaps in the span
Streams
2
condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) 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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
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 2018-10-16.

The Commission's schedule remark for this field reads: “AMENDED DRILLING PERMITS, NOTICE, OR HEARING.”

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——
ST-1112021-07-29229143

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
CondensateDisposition135,220 bbl$7,899,320
GasProduction2,713,643 Mcf$8,393,773
Total$16,293,092

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 30.1626, -96.6175. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.16259, -96.61747 · 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
12,340 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 12,340 ft.

Completions filed
Jul 2019
1 of 1 wells

1 well

42-477311111H12,340 ftJul 2019——

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 (83)

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

83 months

May 20263526,506106.413.05$57,273
Apr 20262416,89798.932.87$43,635
Mar 20265487,65789.753.15$73,298
Feb 20263825,59463.503.75$45,236
Jan 20263906,17359.138.00$72,432
Dec 20253846,99256.664.41$52,616
Nov 20253965,85258.593.93$46,179
Oct 20254667,91759.383.30$53,836
Sep 20253718,94962.743.08$50,812
Aug 202536810,17063.933.01$54,186
Jul 20253619,62366.743.32$55,995
Jun 20255378,37266.483.13$61,893
May 20253726,63460.553.23$43,968
Apr 20255608,76262.363.54$65,966
Mar 202556610,91967.704.27$84,924
Feb 202539510,27070.884.34$72,578
Jan 202557511,94274.324.28$93,830
Dec 202456812,30168.993.12$77,582
Nov 202471514,66969.052.20$81,620
Oct 202435713,83471.372.28$57,040
Sep 20245349,53869.612.36$59,723
Aug 20245447,79875.632.06$57,235
Jul 202418333879.932.15$15,353
Jun 20245469,57178.082.63$67,842
May 202454310,14778.812.20$65,101
Apr 202453911,08084.451.66$63,902
Mar 202472711,55580.301.55$76,232
Feb 202477711,64476.091.78$79,891
Jan 202454214,17473.023.30$86,318
Dec 20236128,82571.262.61$66,651
Nov 202355210,80977.892.81$73,342
Oct 202355310,11885.443.09$78,485
Sep 202354510,27689.042.74$76,632
Aug 202304,48680.522.67$11,991
Jul 2023020474.852.64$539
Jun 20230068.962.26$0
May 202369714,09470.622.23$80,615
Apr 202355514,71378.122.24$76,281
Mar 20234848,77072.852.39$56,247
Feb 202358013,77975.112.47$77,538
Jan 202382412,54876.533.39$105,570
Dec 20221,09223,97176.415.73$220,772
Nov 202276222,27085.005.65$190,511
Oct 202269910,15087.185.86$120,456
Sep 20221,03223,08984.888.16$276,087
Aug 20221,33925,14894.529.13$356,092
Jul 20221,28125,995101.587.54$326,180
Jun 20221,09226,219115.097.98$334,832
May 20221,29828,129109.378.43$379,175
Apr 20221,34128,961104.226.84$337,783
Mar 20221,47830,384108.885.08$315,166
Feb 20221,48026,74891.054.86$264,718
Jan 20221,93529,74881.844.54$293,347
Dec 20211,28627,13971.323.90$197,536
Nov 20211,71325,52277.435.24$266,292
Oct 20211,64828,28879.795.71$293,128
Sep 20211,64129,22969.865.35$271,042
Aug 20211,81132,49466.024.22$256,706
Jul 20211,80533,25870.783.98$260,194
Jun 20211,62033,84869.493.38$227,001
May 20212,15036,45363.483.02$246,485
Apr 20212,02036,45260.362.76$222,477
Mar 20212,33139,02461.302.72$248,916
Feb 20211,73232,58057.805.55$280,862
Jan 20212,45941,41350.412.81$240,340
Dec 20202,39943,56344.642.68$223,642
Nov 20202,42844,49338.772.71$214,557
Oct 20202,90149,45836.972.48$229,828
Sep 20202,73250,35937.091.99$201,597
Aug 20202,93055,25439.982.39$248,928
Jul 20203,06658,83938.371.83$225,031
Jun 20203,39862,05234.901.69$223,477
May 20203,27870,87016.921.81$184,075
Apr 20203,83180,46714.751.80$201,700
Mar 20204,15282,21130.341.86$278,574
Feb 20204,35083,54649.881.98$382,455
Jan 20204,51888,51957.252.09$444,080
Dec 20195,23798,70659.012.30$536,490
Nov 20195,487106,02355.302.75$595,069
Oct 20196,478149,44353.472.42$707,813
Sep 20197,632184,51055.052.66$910,436
Aug 201911,636264,49753.112.30$1,227,484
Jul 20192,48169,82156.272.46$311,370

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
Condensate           352 bbl  × $106.41 =    $37,456
Gas                6,506 Mcf  × $  3.05 =    $19,816

────────────────────────────────────────────────────
Month total                                  $57,273

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/G/288368 is the state's own key, not one this site invented.