STEPHEN UNIT

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 293182District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Jul 2021 – May 2026
Value, last 12 filed months
$470
at the published price for each month
Months reported
58
1 month not filed
Streams
2
condensate, 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 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-1112022-09-30231044

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
CondensateDisposition6,601 bbl$572,307
GasProduction83,734 Mcf$440,583
Total$1,012,890

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 30.6211, -96.2301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.62111, -96.23012 · 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
10,596 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 10,596 ft.

Completions filed
Jul 2021
1 of 1 wells

1 well

42-04132613A 1H10,596 ftJul 2021

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 (58)

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

58 months

May 2026041106.413.05$125
Apr 20260398.932.87$9
Mar 20260389.753.15$9
Feb 20261563.503.75$82
Jan 20260159.138.00$8
Dec 20250156.664.41$4
Nov 20250658.593.93$24
Oct 20250459.383.30$13
Sep 20250762.743.08$22
Aug 20251763.933.01$85
Jul 20250366.743.32$10
Jun 20251466.483.13$79
May 20252660.553.23$140
Apr 20253362.363.54$198
Mar 20251267.704.27$76
Feb 20258470.884.34$584
Jan 202561174.324.28$493
Dec 202411468.993.12$113
Nov 20241169.052.20$71
Oct 20242871.372.28$161
Sep 20244769.612.36$295
Aug 202471275.632.06$554
Jul 20241325179.932.15$1,578
Jun 2024342178.082.63$1,343
May 20243055078.812.20$3,573
Apr 2024501,35084.451.66$6,462
Mar 2024741,33080.301.55$7,997
Feb 20245751876.091.78$5,261
Jan 20243073.023.30$219
Dec 2023258471.262.61$2,001
Nov 20236716677.892.81$5,685
Oct 20231111,39785.443.09$13,797
Sep 20231441,68789.042.74$17,436
Aug 2023921,43480.522.67$11,241
Jul 202308074.852.64$211
Jun 2023513868.962.26$656
May 2023930870.622.23$1,322
Apr 2023114878.122.24$409
Mar 2023313372.852.39$537
Feb 20231553575.112.47$2,446
Jan 202310594276.533.39$11,227
Dec 20221851,01876.415.73$19,968
Nov 20222232,73585.005.65$34,397
Oct 20222283,09087.185.86$37,996
Sep 2022913,10284.888.16$33,048
Aug 20222094.529.13$189
Jul 2022610101.587.54$6,196
Jun 20222381,548115.097.98$39,740
May 20224666,902109.378.43$109,171
Apr 20225648,350104.226.84$115,874
Mar 20225838,653108.885.08$107,403
Feb 20224405,91491.054.86$68,797
Dec 20212988,47471.323.90$54,295
Nov 202117172577.435.24$17,037
Oct 20218602,48979.795.71$82,841
Sep 20211,03514,24869.865.35$148,545
Aug 20212232,20666.024.22$24,033
Jul 2021882,65570.783.98$16,801

Not filed, and not zero: Jan 2022. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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             0 bbl  × $106.41 =         $0
Gas                   41 Mcf  × $  3.05 =       $125

────────────────────────────────────────────────────
Month total                                     $125

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/293182 is the state's own key, not one this site invented.