KACER-POLANSKY UNIT

Operated by FINLEY RESOURCES, INC. (P-5 268602) 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 13903District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$206 k
Jan 1993 – Jan 2007
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
169
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
OilDisposition5,766 bbl$129,973
Casinghead gasProduction28,810 Mcf$75,782
Total$205,755

5,217 Mcf of this lease's gas, across 36 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 30.7632, -95.1561. A lease has no coordinate of its own — that point is the mean of its wells, and they span 179.7 miles, so treat it as the lease's centre and not as its location.

30.76325, -95.15612 · 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
11,612 ft
2 wells filed one
Completion to plug
26.0 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 8,291 and 14,932 ft, median 11,612 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1980 – Mar 1999
2 of 2 wells
Plug dates filed
Nov 2006
1 of 2 wells; 1 filed none

Last completion to plug: a median of 26.0 years across the 1 well that filed both dates, with the middle half between 26.0 years and 26.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-35130600114,932 ftMar 1999
42-0513097918,291 ftNov 1980Nov 2006Yes

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 (169)

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

169 months

Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006217054.207.62$11,761
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 200401645.286.33$101
Oct 20040649.706.52$39
Sep 20040443.245.28$21
Aug 20040042.375.55$0
Jul 2004588038.286.08$22,509
Jun 20040736.106.43$45
May 20040937.486.49$58
Apr 20040134.475.86$6
Mar 20040134.365.53$6
Feb 20041032.455.51$32
Jan 20040032.036.30$0
Dec 200311830.266.30$144
Nov 200301328.804.60$60
Oct 200302528.174.76$119
Sep 200315526.314.75$288
Aug 2003010229.765.13$523
Jul 2003010729.415.17$553
Jun 200309628.565.98$574
May 200319326.595.97$582
Apr 200306526.675.41$351
Mar 20031883731.146.10$6,080
Feb 200322733.487.93$281
Jan 200316230.315.58$376
Dec 200214726.914.85$255
Nov 200208024.664.14$331
Oct 200205626.464.23$237
Sep 20021798627.443.64$5,224
Aug 2002019625.963.16$620
Jul 2002029024.583.06$888
Jun 2002035023.733.34$1,168
May 2002047224.663.58$1,692
Apr 2002078623.653.51$2,761
Mar 200201,00322.003.10$3,112
Feb 2002074618.222.38$1,772
Jan 2002248717.172.38$1,191
Dec 2001026216.932.36$619
Nov 2001135618.072.41$874
Oct 2001114319.782.53$381
Sep 2001027724.262.25$624
Aug 2001019924.873.05$608
Jul 2001029723.933.20$950
Jun 2001022324.563.82$853
May 2001026425.524.31$1,137
Apr 200118815824.685.34$5,483
Mar 2001024924.545.38$1,339
Feb 2001037927.755.77$2,186
Jan 2001025727.478.40$2,158
Dec 2000022826.889.12$2,080
Nov 2000030232.215.66$1,709
Oct 2000151631.235.15$2,686
Sep 2000044831.875.19$2,324
Aug 2000052529.644.54$2,384
Jul 200017229628.534.09$6,118
Jun 2000032329.304.40$1,420
May 2000030127.263.68$1,108
Apr 200018417024.513.12$5,040
Mar 2000029328.422.86$838
Feb 2000025327.622.73$690
Jan 2000046425.272.48$1,151
Dec 1999040024.282.42$969
Nov 1999241923.192.43$1,066
Oct 1999043720.982.80$1,225
Sep 199936341021.752.62$8,969
Aug 1999157219.262.88$1,664
Jul 1999161917.892.37$1,486
Jun 199918224015.942.36$3,468
May 1999129815.792.32$707
Apr 1999031715.102.21$700
Mar 1999037312.471.84$686
Feb 199901099.981.82$198
Jan 1999012310.381.90$234
Dec 19980869.201.77$153
Nov 1998010310.892.19$225
Oct 1998023612.421.97$465
Sep 1998029712.592.08$619
Aug 1998230411.301.91$602
Jul 1998035911.742.24$803
Jun 1998041911.242.24$937
May 199817031112.622.21$2,832
Apr 1998234113.042.51$880
Mar 199808812.802.31$203
Feb 199818617113.952.30$2,988
Jan 199807014.702.15$151
Dec 199704016.322.41$96
Nov 19970018.193.09$0
Oct 199718925319.253.15$4,435
Sep 1997051617.742.95$1,525
Aug 199718561017.862.55$4,862
Jul 199719257417.582.25$4,665
Jun 1997055817.242.26$1,260
May 1997049718.972.31$1,147
Apr 1997032717.882.08$681
Mar 199708218.951.94$159
Feb 1997012020.492.21$265
Jan 199714238823.483.54$4,708
Dec 1996029823.32$0
Nov 1996129421.97$22
Oct 1996033323.31$0
Sep 19961411122.22$3,133
Aug 19961855920.26$3,748
Jul 1996138919.55$20
Jun 1996060618.73$0
May 199615533019.43$3,012
Apr 19960121.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950115.24$0
Jun 19950116.41$0
May 19950117.56$0
Apr 19950117.73$0
Mar 19950116.44$0
Feb 199563116.58$1,045
Jan 19950115.92$0
Dec 1994100115.03$1,503
Nov 19940115.90$0
Oct 1994122115.58$1,901
Sep 19940115.29$0
Aug 1994182116.13$2,936
Jul 19941117.56$18
Jun 1994140117.09$2,393
May 1994157415.88$2,493
Apr 1994174114.14$2,460
Mar 19941112.46$12
Feb 19940012.50$0
Jan 19940012.66$0
Dec 199311512.33$12
Nov 199317617314.49$2,550
Oct 199319446315.85$3,075
Sep 1993210915.03$30
Aug 199301315.66$0
Jul 19930015.46$0
Jun 19937611816.79$1,276
May 199318112017.68$3,200
Apr 19930018.05$0
Mar 1993215718.14$36
Feb 199316955317.90$3,025
Jan 19931951,15516.93$3,301

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.

Nov 2006 — as filed, then multipliedworked
Oil                  217 bbl  × $ 54.20 =    $11,761
Casinghead gas         0 Mcf  × $  7.62 =         $0

────────────────────────────────────────────────────
Month total                                  $11,761

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/13903 is the state's own key, not one this site invented.