LAKEVIEW UNIT

Operated by ADAMS RESOURCES EXPL. CORP. (P-5 3996) 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 16540District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$405 k
Jan 1993 – Feb 2003
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
122
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
OilDisposition11,209 bbl$189,651
Casinghead gasProduction249,071 Mcf$215,779
Total$405,430

168,717 Mcf of this lease's gas, across 48 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 30.3223, -96.6799. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.32233, -96.67994 · 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
9,146 ft
1 wells filed one
Completion to plug
14.4 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 9,146 ft.

Completions filed
Sep 2002
1 of 1 wells
Plug dates filed
Feb 2017
1 of 1 wells

Last completion to plug: a median of 14.4 years across the 1 well that filed both dates, with the middle half between 14.4 years and 14.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0513234119,146 ftSep 2002Feb 2017Yes

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 (122)

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

122 months

Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002177026.464.23$4,683
Sep 200202827.443.64$102
Aug 200203625.963.16$114
Jul 2002013524.583.06$413
Jun 2002018323.733.34$611
May 2002042524.663.58$1,523
Apr 2002035023.653.51$1,229
Mar 200218038622.003.10$5,158
Feb 2002042818.222.38$1,017
Jan 2002018117.172.38$430
Dec 2001020916.932.36$494
Nov 2001241718.072.41$1,039
Oct 20011219.782.53$25
Sep 20010324.262.25$7
Aug 200103324.873.05$101
Jul 2001232423.933.20$1,084
Jun 2001041524.563.82$1,587
May 2001138125.524.31$1,667
Apr 2001148824.685.34$2,628
Mar 2001047924.545.38$2,575
Feb 2001144627.755.77$2,600
Jan 2001263427.478.40$5,380
Dec 2000034326.889.12$3,129
Nov 2000051432.215.66$2,908
Oct 2000262431.235.15$3,273
Sep 200012368131.875.19$7,452
Aug 2000027729.644.54$1,258
Jul 2000144028.534.09$1,828
Jun 2000069429.304.40$3,052
May 2000073127.263.68$2,690
Apr 2000162124.513.12$1,960
Mar 200017682428.422.86$7,358
Feb 2000273827.622.73$2,067
Jan 2000184225.272.48$2,114
Dec 1999691524.282.42$2,363
Nov 1999994923.192.43$2,519
Oct 199961,04220.982.80$3,047
Sep 199951,12121.752.62$3,044
Aug 19991631,30219.262.88$6,883
Jul 199921,37817.892.37$3,305
Jun 19991841,41515.942.36$6,275
May 19991461,34315.792.32$5,422
Apr 19995531,14515.102.21$10,879
Mar 1999279112.471.84$1,479
Feb 199931,3899.981.82$2,555
Jan 199951,36710.381.90$2,649
Dec 199811,0139.201.77$1,806
Nov 199811,49410.892.19$3,276
Oct 19983681,61812.421.97$7,757
Sep 19983811,35512.592.08$7,619
Aug 1998181,56311.301.91$3,185
Jul 199891,93411.742.24$4,433
Jun 19983551,86411.242.24$8,160
May 199851,51912.622.21$3,415
Apr 199882,53713.042.51$6,460
Mar 1998212,00812.802.31$4,906
Feb 1998111,68613.952.30$4,030
Jan 199892,40714.702.15$5,319
Dec 19973732,59016.322.41$12,332
Nov 199772,64318.193.09$8,290
Oct 1997142,86819.253.15$9,303
Sep 19973742,81917.742.95$14,965
Aug 1997142,46517.862.55$6,547
Jul 1997142,55917.582.25$5,996
Jun 1997142,47717.242.26$5,832
May 1997112,82218.972.31$6,723
Apr 1997142,74317.882.08$5,963
Mar 1997112,85918.951.94$5,752
Feb 19971692,79220.492.21$9,622
Jan 19971812,25023.483.54$12,214
Dec 1996121,86123.32$280
Nov 199682,07921.97$176
Oct 19961452,44023.31$3,380
Sep 199682,54822.22$178
Aug 19963042,35820.26$6,159
Jul 1996192,03419.55$371
Jun 1996192,02718.73$356
May 1996211,29919.43$408
Apr 19962351,88921.51$5,055
Mar 199682,39219.38$155
Feb 19961392,63516.98$2,360
Jan 1996161,69217.07$273
Dec 19951841,74317.19$3,163
Nov 1995181,69916.00$288
Oct 19951721,35415.43$2,654
Sep 199571,49316.18$113
Aug 19951822,07415.92$2,897
Jul 199572,22115.24$107
Jun 19953442,38516.41$5,645
May 19953582,59617.56$6,286
Apr 19953472,70617.73$6,152
Mar 19954792,74016.44$7,875
Feb 19953412,70916.58$5,654
Jan 19951692,99415.92$2,690
Dec 19941753,47615.03$2,630
Nov 1994124,08115.90$191
Oct 19941855,03415.58$2,882
Sep 19941764,81515.29$2,691
Aug 199465,14916.13$97
Jul 19941715,26617.56$3,003
Jun 19941864,95217.09$3,179
May 19941884,78115.88$2,985
Apr 199464,62614.14$85
Mar 19941804,49812.46$2,243
Feb 19941774,00012.50$2,213
Jan 19941854,70712.66$2,342
Dec 19931725,59912.33$2,121
Nov 19931805,15114.49$2,608
Oct 19931885,71615.85$2,980
Sep 199344,38915.03$60
Aug 19931664,60715.66$2,600
Jul 19933435,45715.46$5,303
Jun 19931534,98916.79$2,569
May 19931725,70917.68$3,041
Apr 19931605,38518.05$2,888
Mar 19931735,11518.14$3,138
Feb 19931684,46517.90$3,007
Jan 199314,78216.93$17

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.

Oct 2002 — as filed, then multipliedworked
Oil                  177 bbl  × $ 26.46 =     $4,683
Casinghead gas         0 Mcf  × $  4.23 =         $0

────────────────────────────────────────────────────
Month total                                   $4,683

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/16540 is the state's own key, not one this site invented.