TROUSDALE (MAJESTIC)

Operated by REDBUD E & P, INC. (P-5 696678) 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 12603District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$41 k
at the published price for each month
Months reported
401
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
OilDisposition66,151 bbl$2,569,083
Casinghead gasProduction241,972 Mcf$600,272
Total$3,169,355

69,041 Mcf of this lease's gas, across 35 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 (2)

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 29.9769, -96.9875. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

29.97687, -96.98748 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
9,844 ft
2 wells filed one
Completion to plug
9.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 8,957 and 10,730 ft, median 9,844 ft, over the 2 wells that filed a depth.

Completions filed
May 1989 – Oct 1995
2 of 2 wells
Plug dates filed
Nov 1998
1 of 2 wells; 1 filed none

Last completion to plug: a median of 9.5 years across the 1 well that filed both dates, with the middle half between 9.5 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-14930367110,730 ftOct 1995
42-1493119028,957 ftMay 1989Nov 1998Yes

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 (401)

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

401 months

May 20261790106.413.05$19,047
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026182059.138.00$10,762
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025178062.743.08$11,168
Aug 20250063.933.01$0
Jul 20251066.743.32$67
Jun 20250066.483.13$0
May 20251060.553.23$61
Apr 2025186062.363.54$11,599
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025185074.324.28$13,749
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024183071.372.28$13,061
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024191079.932.15$15,267
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024182084.451.66$15,370
Mar 20240080.301.55$0
Feb 2024190076.091.78$14,457
Jan 20242073.023.30$146
Dec 20230071.262.61$0
Nov 2023184077.892.81$14,332
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023194080.522.67$15,621
Jul 20232074.852.64$150
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023192078.122.24$14,999
Mar 20231072.852.39$73
Feb 2023192075.112.47$14,421
Jan 20231076.533.39$77
Dec 20220076.415.73$0
Nov 2022186085.005.65$15,810
Oct 2022191087.185.86$16,651
Sep 2022190084.888.16$16,127
Aug 2022182094.529.13$17,203
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022176091.054.86$16,025
Jan 20221081.844.54$82
Dec 20211071.323.90$71
Nov 2021187077.435.24$14,479
Oct 20211079.795.71$80
Sep 20210069.865.35$0
Aug 2021184066.024.22$12,148
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20211063.483.02$63
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021187057.805.55$10,809
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020182037.091.99$6,750
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20201034.901.69$35
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020168049.881.98$8,380
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019175055.302.75$9,678
Oct 20190053.472.42$0
Sep 20191055.052.66$55
Aug 2019176053.112.30$9,347
Jul 20190056.272.46$0
Jun 2019169052.782.49$8,920
May 2019183058.482.74$10,702
Apr 20190062.632.75$0
Mar 2019176056.803.06$9,997
Feb 2019185050.852.79$9,407
Jan 2019346046.033.23$15,926
Dec 2018541046.594.19$25,205
Nov 2018188052.934.24$9,951
Oct 20182061.443.40$123
Sep 20181059.543.11$60
Aug 2018171059.403.07$10,157
Jul 20181065.142.93$65
Jun 20181060.183.08$60
May 2018329065.382.90$21,510
Apr 2018174063.842.90$11,108
Mar 20180061.222.79$0
Feb 2018175061.782.77$10,812
Jan 20181062.874.01$63
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20172045.373.00$91
Jul 2017177043.873.09$7,765
Jun 20171042.493.09$42
May 2017170045.373.26$7,713
Apr 20172047.933.21$96
Mar 20170046.772.98$0
Feb 2017174050.452.95$8,778
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016172042.492.64$7,308
Oct 20167046.193.09$323
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016193041.622.92$8,033
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015178043.552.43$7,752
Sep 2015017742.992.76$488
Aug 2015028040.162.87$804
Jul 2015136948.152.95$1,135
Jun 2015140456.152.88$1,221
May 2015046955.212.96$1,386
Apr 2015047249.822.71$1,278
Mar 2015052342.892.93$1,535
Feb 2015051944.662.98$1,545
Jan 2015063143.433.10$1,957
Dec 201417962554.693.59$12,034
Nov 2014063970.464.25$2,717
Oct 201419267178.303.90$17,651
Sep 2014068286.164.05$2,759
Aug 201418372089.394.04$19,264
Jul 201418869596.564.18$21,058
Jun 2014075298.164.74$3,562
May 201419780494.734.73$22,462
Apr 2014174295.944.81$3,664
Mar 201418588095.895.06$22,190
Feb 201418685597.406.19$23,411
Jan 201441,06490.404.86$5,533
Dec 201321,12691.824.35$5,087
Nov 20131991,14688.853.74$21,965
Oct 20131821,25397.423.78$22,466
Sep 20133821,248104.113.72$44,410
Aug 20131831,373104.253.52$23,914
Jul 201371,515102.523.72$6,350
Jun 20133811,42694.403.93$41,575
May 20133711,30694.834.15$40,601
Apr 2013285193.964.28$3,832
Mar 2013975193.623.91$3,781
Feb 201315891.233.42$290
Jan 20130091.603.42$0
Dec 20120186.773.42$3
Nov 20120286.953.62$7
Oct 201201389.383.40$44
Sep 2012174494.672.92$16,484
Aug 2012179092.662.91$16,586
Jul 201204085.133.02$121
Jun 20123523479.822.52$28,182
May 201224091.612.49$283
Apr 201217676101.652.00$18,042
Mar 2012060105.052.22$133
Feb 2012176136101.102.57$18,143
Jan 20121798398.092.73$17,785
Dec 20111775696.873.24$17,327
Nov 20111765395.723.31$17,022
Oct 201116184.983.65$308
Sep 20111765883.623.99$14,948
Aug 20111766383.404.15$14,940
Jul 20111783794.144.52$16,924
Jun 201111292.904.64$149
May 2011176498.134.40$17,289
Apr 20111780105.964.33$18,861
Mar 2011180896.364.06$17,377
Feb 201102085.644.18$84
Jan 20111762986.504.59$15,357
Dec 20101732885.734.35$14,953
Nov 20102080.843.80$162
Oct 2010173078.103.51$13,511
Sep 2010176072.633.98$12,783
Aug 2010171073.684.42$12,599
Jul 2010175372.554.74$12,710
Jun 20101744070.364.91$12,439
May 201006171.124.24$258
Apr 20101784381.694.12$14,718
Mar 201026478.394.39$438
Feb 20101786773.585.44$13,462
Jan 20101739674.365.96$13,437
Dec 20091736971.445.48$12,738
Nov 200905974.593.75$221
Oct 20091777672.544.11$13,152
Sep 20091797265.543.06$11,952
Aug 200928767.423.22$415
Jul 20091726161.133.46$10,726
Jun 20091795666.163.90$12,061
May 20091756554.743.93$9,835
Apr 20091767046.773.59$8,483
Mar 20091746442.144.06$7,592
Feb 200915932.814.63$306
Jan 20091856135.865.37$6,962
Dec 20081746537.105.98$6,844
Nov 20081786755.496.86$10,337
Oct 200805475.246.92$374
Sep 200817875101.767.88$18,704
Aug 2008180109114.228.48$21,484
Jul 2008180125131.0811.39$25,018
Jun 20082139131.3313.03$2,074
May 20083600123.1711.57$44,341
Apr 200818246110.3110.45$20,557
Mar 2008022101.909.66$213
Feb 20083679992.538.77$34,827
Jan 200803290.388.21$263
Dec 20071774588.337.30$15,963
Nov 200717510991.677.29$16,837
Oct 200717612982.856.92$15,475
Sep 2007114675.846.24$987
Aug 200718218169.066.39$13,725
Jul 200714413070.906.39$11,040
Jun 200718214662.007.55$12,386
May 200718410458.747.85$11,624
Apr 20071504459.617.81$9,285
Mar 20071798156.927.30$10,780
Feb 200707855.108.22$641
Jan 2007012950.306.73$868
Dec 2006017156.656.92$1,183
Nov 200617719254.207.62$11,056
Oct 2006012354.906.01$740
Sep 2006013160.085.04$660
Aug 2006017268.717.34$1,262
Jul 200618115769.376.34$13,552
Jun 2006015466.286.38$983
May 2006015066.016.42$964
Apr 2006016364.397.36$1,200
Mar 2006013156.707.08$928
Feb 200606657.597.75$512
Jan 200607760.598.93$688
Dec 200504354.9413.42$577
Nov 200506354.6910.59$667
Oct 200506358.3413.80$869
Sep 200518344361.4512.08$16,596
Aug 200518265561.519.80$17,612
Jul 2005048755.697.84$3,820
Jun 200518649852.337.38$13,409
May 2005064345.226.65$4,277
Apr 200536629849.207.36$20,201
Mar 2005027050.377.15$1,932
Feb 200519566245.226.31$12,996
Jan 20051796543.166.32$8,137
Dec 200401939.866.75$128
Nov 200417875445.286.33$12,833
Oct 200419524649.706.52$11,294
Sep 200438293043.245.28$21,432
Aug 2004375042.375.55$15,889
Jul 200407338.286.08$444
Jun 20040036.106.43$0
May 2004988137.486.49$4,199
Apr 2004022334.475.86$1,306
Mar 2004028934.365.53$1,598
Feb 2004019432.455.51$1,069
Jan 2004022932.036.30$1,443
Dec 200317828230.266.30$7,163
Nov 200317728228.804.60$6,393
Oct 200318915528.174.76$6,062
Sep 200318246826.314.75$7,011
Aug 2003036429.765.13$1,867
Jul 200319058129.415.17$8,592
Jun 200318143528.565.98$7,772
May 200317184226.595.97$9,576
Apr 200337286726.675.41$14,609
Mar 200318991031.146.10$11,433
Feb 200337583633.487.93$19,181
Jan 200318283130.315.58$10,155
Dec 200219291326.914.85$9,598
Nov 20023861,19024.664.14$14,442
Oct 200219143826.464.23$6,906
Sep 200236113127.443.64$10,382
Aug 200237729125.963.16$10,708
Jul 200219290224.583.06$7,481
Jun 20021851,02423.733.34$7,808
May 200218990324.663.58$7,897
Apr 200219195323.653.51$7,864
Mar 20023641,30422.003.10$12,054
Feb 200219379118.222.38$5,396
Jan 20021881,04617.172.38$5,713
Dec 200139292516.932.36$8,824
Nov 20011901,13418.072.41$6,161
Oct 20013611,09819.782.53$9,917
Sep 200118696824.262.25$6,692
Aug 200137788524.873.05$12,078
Jul 20013771,10223.933.20$12,545
Jun 200115823324.563.82$4,772
May 20013451,22725.524.31$14,089
Apr 20011771,81724.685.34$14,063
Mar 20013471,49724.545.38$16,564
Feb 20013771,24827.755.77$17,659
Jan 2001014827.478.40$1,243
Dec 200039598226.889.12$19,576
Nov 20003682,64832.215.66$26,836
Oct 20003722,86331.235.15$26,349
Sep 20005412,34031.875.19$29,378
Aug 20007481,98529.644.54$31,184
Jul 20003761,07528.534.09$15,124
Jun 20001871,67829.304.40$12,858
May 20005431,91027.263.68$21,831
Apr 20007561,68524.513.12$23,780
Mar 200001,66028.422.86$4,747
Feb 20003691,12627.622.73$13,262
Jan 200018788625.272.48$6,923
Dec 199955775224.282.42$15,347
Nov 1999065023.192.43$1,582
Oct 199937478720.982.80$10,053
Sep 199918492221.752.62$6,417
Aug 19991841,10619.262.88$6,724
Jul 19993751,05717.892.37$9,216
Jun 19991871,07515.942.36$5,520
May 19991851,37415.792.32$6,110
Apr 19991851,51115.102.21$6,130
Mar 19995592,20612.471.84$11,026
Feb 19993662,0559.981.82$7,388
Jan 19993702,76610.381.90$9,096
Dec 19983762,7009.201.77$8,247
Nov 19981873,77110.892.19$10,279
Oct 19985683,53412.421.97$14,014
Sep 19983832,40612.592.08$9,833
Aug 19983883,87511.301.91$11,775
Jul 19983733,22911.742.24$11,603
Jun 19981943,62011.242.24$10,279
May 19983573,98512.622.21$13,298
Apr 19983463,72913.042.51$13,854
Mar 19983984,39312.802.31$15,240
Feb 19983833,45513.952.30$13,286
Jan 19983702,74714.702.15$11,358
Dec 19975503,04616.322.41$16,320
Nov 19973762,73718.193.09$15,292
Oct 19973903,10919.253.15$17,300
Sep 19975632,81417.742.95$18,303
Aug 19973683,86517.862.55$16,447
Jul 19973692,96517.582.25$13,149
Jun 19975383,10217.242.26$16,277
May 19973532,15518.972.31$11,671
Apr 19971348217.882.08$1,236
Mar 19973811,91818.951.94$10,939
Feb 199738482320.492.21$9,684
Jan 19971016423.483.54$815
Dec 199637441923.32$8,722
Nov 19961752,40321.97$3,845
Oct 19965342,14123.31$12,448
Sep 19963272,47522.22$7,266
Aug 19965552,13420.26$11,244
Jul 199655671819.55$10,870
Jun 199656065018.73$10,489
May 19967263,05419.43$14,106
Apr 19961,0984,22821.51$23,618
Mar 19961,2667,31219.38$24,535
Feb 19961,4168,98816.98$24,044
Jan 19962,19212,00017.07$37,417
Dec 19952,71310,92417.19$46,636
Nov 19953,6406,50116.00$58,240
Oct 1995010815.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19951016.41$16
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19945116.13$81
Jul 1994528117.56$88
Jun 1994332417.09$51
May 1994615515.88$95
Apr 199464214.14$85
Mar 199431312.46$37
Feb 199464312.50$75
Jan 1994913712.66$114
Dec 1993510512.33$62
Nov 199306614.49$0
Oct 199339915.85$48
Sep 1993343315.03$45
Aug 1993411115.66$63
Jul 1993121315.46$15
Jun 199317816.79$17
May 199313317.68$18
Apr 19931298618.05$2,328
Mar 199351918.14$91
Feb 1993138717.90$18
Jan 19935542,36016.93$9,379

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
Oil                  179 bbl  × $106.41 =    $19,047
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,047

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/12603 is the state's own key, not one this site invented.