PIERATT

Operated by U. S. OPERATING, INC. (P-5 875431) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11885District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$319 k
Jan 1993 – Nov 2002
Value, last 12 filed months
$0
at the published price for each month
Months reported
119
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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
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 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA 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
OilDisposition5,476 bbl$97,730
Casinghead gasProduction172,429 Mcf$221,146
Total$318,876

87,737 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 30.2597, -96.8121. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.25974, -96.81211 · 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
8,696 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 8,696 ft.

Completions filed
Dec 1978
1 of 1 wells

1 well

42-287303341 A8,696 ftDec 1978

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 (119)

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

119 months

Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20001801,46931.875.19$13,356
Aug 200001,80329.644.54$8,187
Jul 200002,12728.534.09$8,699
Jun 200001,85629.304.40$8,161
May 200001,99627.263.68$7,345
Apr 200001,87424.513.12$5,839
Mar 20001801,91228.422.86$10,583
Feb 200001,80627.622.73$4,924
Jan 200001,95525.272.48$4,849
Dec 199901,93224.282.42$4,683
Nov 199901,83323.192.43$4,462
Oct 199901,91220.982.80$5,361
Sep 19991771,95421.752.62$8,967
Aug 199901,88419.262.88$5,418
Jul 199922,18317.892.37$5,215
Jun 199902,04415.942.36$4,828
May 199901,82115.792.32$4,227
Apr 199901,87815.102.21$4,147
Mar 199901,76912.471.84$3,252
Feb 19991781,7609.981.82$4,976
Jan 199901,78910.381.90$3,399
Dec 199801,7329.201.77$3,071
Nov 199801,85810.892.19$4,061
Oct 199801,97212.421.97$3,883
Sep 199802,00412.592.08$4,174
Aug 19981681,71311.301.91$5,166
Jul 199801,99111.742.24$4,454
Jun 199801,91811.242.24$4,291
May 199801,86112.622.21$4,106
Apr 199802,09013.042.51$5,236
Mar 199801,76412.802.31$4,074
Feb 19981681,76413.952.30$6,399
Jan 199802,02114.702.15$4,355
Dec 199701,90316.322.41$4,588
Nov 199701,88218.193.09$5,812
Oct 19971801,99219.253.15$9,739
Sep 199701,95717.742.95$5,783
Aug 199701,78917.862.55$4,570
Jul 19971771,89917.582.25$7,379
Jun 199701,80717.242.26$4,079
May 199701,93218.972.31$4,460
Apr 19971761,79117.882.08$6,877
Mar 199701,83418.951.94$3,556
Feb 199701,74220.492.21$3,843
Jan 19971891,91923.483.54$11,230
Dec 199601,92823.32$0
Nov 199601,91121.97$0
Oct 19961741,93523.31$4,056
Sep 199601,92822.22$0
Aug 199601,95820.26$0
Jul 19962641,98119.55$5,161
Jun 199601,88418.73$0
May 199601,57619.43$0
Apr 19962591,71521.51$5,571
Mar 199601,70619.38$0
Feb 199601,60716.98$0
Jan 19962101,72717.07$3,585
Dec 199501,72917.19$0
Nov 199501,69916.00$0
Oct 19952721,82815.43$4,197
Sep 199501,74016.18$0
Aug 199501,85915.92$0
Jul 19952691,61315.24$4,100
Jun 199501,90516.41$0
May 199501,87017.56$0
Apr 19953541,83617.73$6,276
Mar 199501,92016.44$0
Feb 199501,58916.58$0
Jan 199501,81215.92$0
Dec 199401,78415.03$0
Nov 19943511,77915.90$5,581
Oct 199401,97915.58$0
Sep 199401,89215.29$0
Aug 199401,90416.13$0
Jul 199401,97217.56$0
Jun 19942821,91717.09$4,819
May 199401,84415.88$0
Apr 199401,81614.14$0
Mar 199401,74512.46$0
Feb 19941561,45012.50$1,950
Jan 199401,70712.66$0
Dec 19932201,78012.33$2,713
Nov 199301,81414.49$0
Oct 19933701,90315.85$5,865
Sep 199301,96515.03$0
Aug 199301,94415.66$0
Jul 199301,88115.46$0
Jun 19933321,88616.79$5,574
May 199302,00917.68$0
Apr 199301,99118.05$0
Mar 199301,86218.14$0
Feb 19931881,72217.90$3,365
Jan 199301,93516.93$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.

Sep 2000 — as filed, then multipliedworked
Oil                  180 bbl  × $ 31.87 =     $5,737
Casinghead gas     1,469 Mcf  × $  5.19 =     $7,619

────────────────────────────────────────────────────
Month total                                  $13,356

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/O/11885 is the state's own key, not one this site invented.