GARDNER

Operated by TORCH OPERATING COMPANY (P-5 862594) 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 15553District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$122 k
Jan 1993 – Jun 1997
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
54
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
NGPA4none

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
OilDisposition7,734 bbl$122,213
Casinghead gasProduction184,092 Mcf$0
Total$122,213

184,092 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 (4)

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 30.3169, -96.6130. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

30.31634, -96.60809 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
10,148 ft
4 wells filed one
Completion to plug
9.4 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 9,910 and 10,972 ft, median 10,148 ft, over the 4 wells that filed a depth.

Completions filed
Feb 1982 – Nov 1990
4 of 4 wells
Plug dates filed
Nov 1992 – Feb 1997
4 of 4 wells

Last completion to plug: a median of 9.4 years across the 4 wells that filed both dates, with the middle half between 8.2 years and 10.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-05132586310,972 ftNov 1990Feb 1997Yes
42-05132601410,380 ftFeb 1984Dec 1992Yes
42-0513216729,915 ftNov 1982Nov 1992Yes
42-0513203419,910 ftFeb 1982Nov 1994Yes

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 (54)

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

54 months

Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 199780018.951.94$1,516
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 199516616.00$16
Oct 199503715.43$0
Sep 199505816.18$0
Aug 19951814,30115.92$2,882
Jul 19953909,06615.24$5,944
Jun 19951986,10916.41$3,249
May 19953637,05217.56$6,374
Apr 19951869,30417.73$3,298
Mar 19953928,93116.44$6,444
Feb 19951943,58016.58$3,217
Jan 19951934,92415.92$3,073
Dec 1994252,38015.03$376
Nov 19943555,25415.90$5,645
Oct 19942524,68615.58$3,926
Sep 199424215.29$31
Aug 1994184816.13$16
Jul 19942366,36417.56$4,144
Jun 19943304,37017.09$5,640
May 19941956,19415.88$3,097
Apr 19943517,29114.14$4,963
Mar 19943485,82612.46$4,336
Feb 19943604,51112.50$4,500
Jan 19941595,08012.66$2,013
Dec 19933323,95912.33$4,094
Nov 19931525,41414.49$2,202
Oct 19933508,31415.85$5,548
Sep 199314,93915.03$15
Aug 19934936,01215.66$7,720
Jul 19931866,98815.46$2,876
Jun 19931677,21416.79$2,804
May 19931877,25217.68$3,306
Apr 19931857,25018.05$3,339
Mar 19931827,19818.14$3,301
Feb 19933517,01517.90$6,283
Jan 19933566,26316.93$6,027

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.

Mar 1997 — as filed, then multipliedworked
Oil                   80 bbl  × $ 18.95 =     $1,516
Casinghead gas         0 Mcf  × $  1.94 =         $0

────────────────────────────────────────────────────
Month total                                   $1,516

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/15553 is the state's own key, not one this site invented.