RICE INSTITUTE

Operated by KINGWOOD EXPLORATION LLC (P-5 467256) in the LIBERTY, SOUTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16812District 03Field 53498001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$3.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$19 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 other leases, and the rule below applies to all of them.

Discovered
1925-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THIS IS A PIERCEMENT TYPE SALT DOME.

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
NGPA6none

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
OilDisposition79,953 bbl$2,947,016
Casinghead gasProduction3,213 Mcf$3,783
Total$2,950,799

1,670 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 (6)

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 29.9940, -94.8171. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.99393, -94.81736 · 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
33.3%
2 of 6 wells
With a plug date
33.3%
2 of 6 wells
Median depth
4,362 ft
6 wells filed one
Completion to plug
34.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
233.3%
A plug date is filed
233.3%
BothOn the schedule and plugged. Neither fact cancels the other.
233.3%
NeitherNo plug date, and not on the schedule.
466.7%

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 3,637 and 4,594 ft, median 4,362 ft, over the 6 wells that filed a depth.

Completions filed
Feb 1984 – Nov 1990
6 of 6 wells
Plug dates filed
Apr 2022 – May 2022
2 of 6 wells; 4 filed none

Last completion to plug: a median of 34.9 years across the 2 wells that filed both dates, with the middle half between 33.3 years and 36.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-2913161414,105 ftNov 1990
42-2913167734,594 ftOct 1990
42-2913168924,474 ftOct 1990
42-2913175244,512 ftOct 1990May 2022Yes
42-2913191874,250 ftAug 1985
42-2913174453,637 ftFeb 1984Apr 2022Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026155059.138.00$9,165
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025152066.743.32$10,144
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025153067.704.27$10,358
Feb 20250070.884.34$0
Jan 2025180074.324.28$13,378
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023163071.262.61$11,615
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023164080.522.67$13,205
Jul 20230074.852.64$0
Jun 2023173068.962.26$11,930
May 20230070.622.23$0
Apr 2023155078.122.24$12,109
Mar 20230072.852.39$0
Feb 2023158075.112.47$11,867
Jan 20230076.533.39$0
Dec 2022151076.415.73$11,538
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022173084.888.16$14,684
Aug 2022171094.529.13$16,163
Jul 20221310101.587.54$13,307
Jun 202200115.097.98$0
May 20221640109.378.43$17,937
Apr 202200104.226.84$0
Mar 20221480108.885.08$16,114
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021167060.362.76$10,080
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020313034.901.69$10,924
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020179030.341.86$5,431
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019165055.302.75$9,125
Oct 20190053.472.42$0
Sep 2019168055.052.66$9,248
Aug 20190053.112.30$0
Jul 2019173056.272.46$9,735
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019386056.803.06$21,925
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018159059.403.07$9,445
Jul 2018145065.142.93$9,445
Jun 20180060.183.08$0
May 2018176065.382.90$11,507
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018172061.782.77$10,626
Jan 20180062.874.01$0
Dec 2017343057.272.92$19,644
Nov 20170055.423.12$0
Oct 2017145049.292.98$7,147
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017167043.873.09$7,326
Jun 20170042.493.09$0
May 2017165045.373.26$7,486
Apr 20170047.933.21$0
Mar 2017172046.772.98$8,044
Feb 20170050.452.95$0
Jan 2017159049.413.42$7,856
Dec 2016164048.763.72$7,997
Nov 20160042.492.64$0
Oct 2016311046.193.09$14,365
Sep 20160041.553.10$0
Aug 2016164041.442.92$6,796
Jul 2016156041.622.92$6,493
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016150036.561.99$5,484
Mar 20160033.011.79$0
Feb 2016158026.472.06$4,182
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015173042.992.76$7,437
Aug 2015350040.162.87$14,056
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015351049.822.71$17,487
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015356043.433.10$15,461
Dec 2014179054.693.59$9,790
Nov 2014183070.464.25$12,894
Oct 20140078.303.90$0
Sep 20141,069086.164.05$92,105
Aug 20140089.394.04$0
Jul 2014518096.564.18$50,018
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014171095.895.06$16,397
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013143097.423.78$13,931
Sep 201300104.113.72$0
Aug 20131320104.253.52$13,761
Jul 20131170102.523.72$11,995
Jun 2013265094.403.93$25,016
May 20130094.834.15$0
Apr 2013177093.964.28$16,631
Mar 2013176093.623.91$16,477
Feb 20130091.233.42$0
Jan 2013185091.603.42$16,946
Dec 2012188086.773.42$16,313
Nov 2012175086.953.62$15,216
Oct 2012179089.383.40$15,999
Sep 20120094.672.92$0
Aug 2012180092.662.91$16,679
Jul 2012355085.133.02$30,221
Jun 2012368079.822.52$29,374
May 2012183091.612.49$16,765
Apr 201200101.652.00$0
Mar 20121820105.052.22$19,119
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011360096.873.24$34,873
Nov 20110095.723.31$0
Oct 2011179084.983.65$15,211
Sep 2011716083.623.99$59,872
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20111950105.964.33$20,662
Mar 2011397096.364.06$38,255
Feb 20110085.644.18$0
Jan 2011193086.504.59$16,695
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010205078.103.51$16,011
Sep 2010363072.633.98$26,365
Aug 20100073.684.42$0
Jul 2010192072.554.74$13,930
Jun 2010171070.364.91$12,032
May 2010178071.124.24$12,659
Apr 2010363081.694.12$29,653
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 2010357074.365.96$26,547
Dec 2009180071.445.48$12,859
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009186061.133.46$11,370
Jun 2009528066.163.90$34,932
May 2009370054.743.93$20,254
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009733032.814.63$24,050
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008695075.246.92$52,292
Sep 200800101.767.88$0
Aug 20083640114.228.48$41,576
Jul 20081940131.0811.39$25,430
Jun 20085730131.3313.03$75,252
May 200800123.1711.57$0
Apr 20085570110.3110.45$61,443
Mar 20081770101.909.66$18,036
Feb 20080092.538.77$0
Jan 2008190090.388.21$17,172
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007357082.856.92$29,577
Sep 2007693075.846.24$52,557
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006191060.085.04$11,475
Aug 2006182068.717.34$12,505
Jul 2006189069.376.34$13,111
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006333064.397.36$21,442
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006356060.598.93$21,570
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005353058.3413.80$20,594
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005183055.697.84$10,191
Jun 2005520052.337.38$27,212
May 2005520045.226.65$23,514
Apr 2005539049.207.36$26,519
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004180049.706.52$8,946
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004354038.286.08$13,551
Jun 20040036.106.43$0
May 2004168037.486.49$6,297
Apr 20040034.475.86$0
Mar 2004534034.365.53$18,348
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003338030.266.30$10,228
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003179026.314.75$4,709
Aug 2003700029.765.13$20,832
Jul 20030029.415.17$0
Jun 2003966028.565.98$27,589
May 20030026.595.97$0
Apr 2003668026.675.41$17,816
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002179026.464.23$4,736
Sep 2002518027.443.64$14,214
Aug 20020025.963.16$0
Jul 20021,211024.583.06$29,766
Jun 2002180023.733.34$4,271
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 2002955022.003.10$21,010
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001232024.873.05$5,770
Jul 2001239023.933.20$5,719
Jun 20010024.563.82$0
May 2001673025.524.31$17,175
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001739027.755.77$20,507
Jan 20010027.478.40$0
Dec 2000460026.889.12$12,365
Nov 20000032.215.66$0
Oct 2000328031.235.15$10,243
Sep 2000528031.875.19$16,827
Aug 2000344029.644.54$10,196
Jul 2000620028.534.09$17,689
Jun 20000029.304.40$0
May 2000317027.263.68$8,641
Apr 2000492024.513.12$12,059
Mar 2000331028.422.86$9,407
Feb 2000194027.622.73$5,358
Jan 2000205025.272.48$5,180
Dec 1999254024.282.42$6,167
Nov 1999331023.192.43$7,676
Oct 1999296020.982.80$6,210
Sep 1999296021.752.62$6,438
Aug 1999493019.262.88$9,495
Jul 1999775017.892.37$13,865
Jun 19990015.942.36$0
May 1999622015.792.32$9,821
Apr 1999317015.102.21$4,787
Mar 1999593012.471.84$7,395
Feb 199917009.981.82$1,697
Jan 1999322010.381.90$3,342
Dec 199817909.201.77$1,647
Nov 19980010.892.19$0
Oct 1998227012.421.97$2,819
Sep 199849026212.592.08$6,715
Aug 199834217911.301.91$4,206
Jul 19981,39318011.742.24$16,757
Jun 19980111.242.24$2
May 1998363112.622.21$4,583
Apr 1998365013.042.51$4,760
Mar 19980012.802.31$0
Feb 19980113.952.30$2
Jan 19980014.702.15$0
Dec 199736724216.322.41$6,573
Nov 19973161718.193.09$5,801
Oct 1997338019.253.15$6,507
Sep 199765531417.742.95$12,548
Aug 199736030117.862.55$7,199
Jul 1997669117.582.25$11,763
Jun 1997712117.242.26$12,277
May 1997355118.972.31$6,737
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970120.492.21$2
Jan 19973644123.483.54$8,692
Dec 199666513423.32$15,508
Nov 199636318821.97$7,975
Oct 199636410923.31$8,485
Sep 199633926322.22$7,533
Aug 199660236720.26$12,197
Jul 199671627519.55$13,998
Jun 199635726918.73$6,687
May 1996364119.43$7,073
Apr 19963622521.51$7,787
Mar 1996365119.38$7,074
Feb 1996671116.98$11,394
Jan 1996366117.07$6,248
Dec 1995369117.19$6,343
Nov 1995364116.00$5,824
Oct 1995367115.43$5,663
Sep 1995710116.18$11,488
Aug 1995362115.92$5,763
Jul 1995725115.24$11,049
Jun 19951,089116.41$17,870
May 19951,089117.56$19,123
Apr 19950117.73$0
Mar 1995366116.44$6,017
Feb 19951,460116.58$24,207
Jan 19950115.92$0
Dec 19941,095115.03$16,458
Nov 19940115.90$0
Oct 19940115.58$0
Sep 1994367115.29$5,611
Aug 1994716116.13$11,549
Jul 1994737117.56$12,942
Jun 1994734117.09$12,544
May 1994317115.88$5,034
Apr 1994682114.14$9,643
Mar 19941,108112.46$13,806
Feb 1994367112.50$4,588
Jan 1994709112.66$8,976
Dec 1993738112.33$9,100
Nov 1993738114.49$10,694
Oct 1993717115.85$11,364
Sep 1993733115.03$11,017
Aug 1993735115.66$11,510
Jul 19931,077115.46$16,650
Jun 1993560116.79$9,402
May 1993726117.68$12,836
Apr 19931,824118.05$32,923
Mar 19930118.14$0
Feb 1993736117.90$13,174
Jan 19931,071116.93$18,132

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 2026 — as filed, then multipliedworked
Oil                  155 bbl  × $ 59.13 =     $9,165
Casinghead gas         0 Mcf  × $  8.00 =         $0

────────────────────────────────────────────────────
Month total                                   $9,165

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/16812 is the state's own key, not one this site invented.