SHORTY (HORIZ.) UNIT

Operated by A.J.& M. OIL COMPANY (P-5 253) 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 12569District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$326 k
Jan 1993 – Apr 1998
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
64
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
NGPA2none

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
OilDisposition18,514 bbl$312,626
Casinghead gasProduction50,602 Mcf$13,535
Total$326,161

45,170 Mcf of this lease's gas, across 46 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 30.0128, -97.0005. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
9,832 ft
1 wells filed one
Completion to plug
3.2 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 9,832 ft.

Completions filed
Oct 1994
1 of 1 wells
Plug dates filed
Dec 1997
1 of 1 wells

Last completion to plug: a median of 3.2 years across the 1 well that filed both dates, with the middle half between 3.2 years and 3.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1493039219,832 ftOct 1994Dec 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 (64)

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

64 months

Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 199893014.702.15$1,367
Dec 19970016.322.41$0
Nov 19976722418.193.09$1,911
Oct 199719931819.253.15$4,832
Sep 1997981817.742.95$2,577
Aug 1997065717.862.55$1,678
Jul 199716313017.582.25$3,158
Jun 19971350217.242.26$1,357
May 199719454918.972.31$4,948
Apr 199720865317.882.08$5,079
Mar 19973057918.951.94$1,691
Feb 199719173220.492.21$5,528
Jan 19971027023.483.54$1,191
Dec 19963841,62723.32$8,955
Nov 199672521.97$154
Oct 199682523.31$186
Sep 199617954822.22$3,977
Aug 199619961720.26$4,032
Jul 19964102,05019.55$8,016
Jun 19960018.73$0
May 19962041,03719.43$3,964
Apr 19962071,09721.51$4,453
Mar 19965251,37719.38$10,175
Feb 19962081,52716.98$3,532
Jan 199616841717.07$2,868
Dec 19954101,96417.19$7,048
Nov 19955012,94116.00$8,016
Oct 19955622,48415.43$8,672
Sep 19959783,79316.18$15,824
Aug 19958111,19115.92$12,911
Jul 199544252715.24$6,736
Jun 19953931,46616.41$6,449
May 19957843,77717.56$13,767
Apr 19955962,37317.73$10,567
Mar 19951,1512,72416.44$18,922
Feb 19951,1022,91016.58$18,271
Jan 19951,1202,60015.92$17,830
Dec 19941,1172,23515.03$16,789
Nov 19941,3411,04815.90$21,322
Oct 19941,43352615.58$22,326
Sep 19940115.29$0
Aug 19940116.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 19940115.88$0
Apr 199478114.14$1,103
Mar 19945112.46$62
Feb 1994126112.50$1,575
Jan 1994176112.66$2,228
Dec 19936112.33$74
Nov 19932114.49$29
Oct 19933915.85$48
Sep 1993179115.03$2,690
Aug 199331115.66$47
Jul 1993115815.46$15
Jun 199317712216.79$2,972
May 199318628717.68$3,288
Apr 1993231418.05$36
Mar 19931,1531,35018.14$20,915
Feb 19930117.90$0
Jan 19930016.93$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.

Jan 1998 — as filed, then multipliedworked
Oil                   93 bbl  × $ 14.70 =     $1,367
Casinghead gas         0 Mcf  × $  2.15 =         $0

────────────────────────────────────────────────────
Month total                                   $1,367

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/12569 is the state's own key, not one this site invented.