MARCY ELLEN

Operated by BROWNING OIL COMPANY, INC. (P-5 103088) 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 12154District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$30 k
Jan 1993 – Nov 1997
Value, last 12 filed months
$689
at the published price for each month
Months reported
59
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
OilDisposition1,926 bbl$30,193
Casinghead gasProduction949 Mcf$0
Total$30,193

949 Mcf of this lease's gas, across 37 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 29.9968, -97.0394. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.99678, -97.03936 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,185 ft
1 wells filed one
Completion to plug
18.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 8,185 ft.

Completions filed
Jan 1979
1 of 1 wells
Plug dates filed
Oct 1997
1 of 1 wells

Last completion to plug: a median of 18.8 years across the 1 well that filed both dates, with the middle half between 18.8 years and 18.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1493031818,185 ftJan 1979Oct 1997Yes

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 (59)

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

59 months

Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 199736017.582.25$633
Jun 19970017.242.26$0
May 19972018.972.31$38
Apr 19971017.882.08$18
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19961022.22$22
Aug 19960020.26$0
Jul 19969019.55$176
Jun 199614018.73$262
May 19965619.43$97
Apr 19966021.51$129
Mar 199612319.38$233
Feb 199653216.98$85
Jan 19960317.07$0
Dec 199511017.19$17
Nov 1995561116.00$896
Oct 19950015.43$0
Sep 19951873316.18$3,026
Aug 199512515.92$16
Jul 199511515.24$15
Jun 199504816.41$0
May 19951852517.56$3,249
Apr 199513017.73$18
Mar 199517016.44$16
Feb 19950016.58$0
Jan 1995155015.92$2,468
Dec 199413015.03$15
Nov 199403515.90$0
Oct 199401815.58$0
Sep 19941891015.29$2,890
Aug 199401516.13$0
Jul 199401517.56$0
Jun 199401517.09$0
May 199403515.88$0
Apr 199402514.14$0
Mar 19941812512.46$2,255
Feb 199404012.50$0
Jan 19941783012.66$2,253
Dec 199304512.33$0
Nov 19931721514.49$2,492
Oct 199306515.85$0
Sep 199303015.03$0
Aug 19931743015.66$2,725
Jul 199301515.46$0
Jun 19931752516.79$2,938
May 199302017.68$0
Apr 199303018.05$0
Mar 19931772518.14$3,211
Feb 199303017.90$0
Jan 199301516.93$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.

Jul 1997 — as filed, then multipliedworked
Oil                   36 bbl  × $ 17.58 =       $633
Casinghead gas         0 Mcf  × $  2.25 =         $0

────────────────────────────────────────────────────
Month total                                     $633

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/12154 is the state's own key, not one this site invented.