SYD

Operated by TEX-LEE OPERATING COMPANY (P-5 849765) 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 16938District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$407 k
Jan 1993 – Feb 2021
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
338
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
OilDisposition12,371 bbl$407,137
Casinghead gasProduction409 Mcf$0
Total$407,137

409 Mcf of this lease's gas, across 20 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 29.8560, -97.1564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.85605, -97.15637 · 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
7,971 ft
1 wells filed one
Completion to plug
36.7 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 7,971 ft.

Completions filed
Oct 1983
1 of 1 wells
Plug dates filed
Jun 2020
1 of 1 wells

Last completion to plug: a median of 36.7 years across the 1 well that filed both dates, with the middle half between 36.7 years and 36.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1493160617,971 ftOct 1983Jun 2020Yes

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 (338)

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

338 months

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 2020230038.371.83$8,825
Jun 20201034.901.69$35
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20191056.803.06$57
Feb 20191050.852.79$51
Jan 20191046.033.23$46
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20181063.842.90$64
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20171055.423.12$55
Oct 20170049.292.98$0
Sep 2017169047.523.09$8,031
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20171045.373.26$45
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20171050.452.95$50
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
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 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20151049.822.71$50
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014101094.734.73$9,568
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20131091.824.35$92
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20131093.964.28$94
Mar 20130093.623.91$0
Feb 20131091.233.42$91
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20121086.953.62$87
Oct 20120089.383.40$0
Sep 201273094.672.92$6,911
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20121079.822.52$80
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20121098.092.73$98
Dec 20110096.873.24$0
Nov 201192095.723.31$8,806
Oct 20111084.983.65$85
Sep 20111083.623.99$84
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201120105.964.33$212
Mar 201159096.364.06$5,685
Feb 2011176085.644.18$15,073
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201063080.843.80$5,093
Oct 20101078.103.51$78
Sep 2010116072.633.98$8,425
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201072070.364.91$5,066
May 20100071.124.24$0
Apr 2010100081.694.12$8,169
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201068074.365.96$5,056
Dec 20090071.445.48$0
Nov 200970074.593.75$5,221
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009124067.423.22$8,360
Jul 20090061.133.46$0
Jun 20091066.163.90$66
May 2009333054.743.93$18,228
Apr 20091046.773.59$47
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20081037.105.98$37
Nov 20082055.496.86$111
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 2008940131.3313.03$12,345
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 2008830101.909.66$8,458
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 200775088.337.30$6,625
Nov 20071091.677.29$92
Oct 20071082.856.92$83
Sep 2007129075.846.24$9,783
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200791058.747.85$5,345
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007108055.108.22$5,951
Jan 20071050.306.73$50
Dec 20060056.656.92$0
Nov 2006104054.207.62$5,637
Oct 20061054.906.01$55
Sep 20061060.085.04$60
Aug 200670068.717.34$4,810
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 200692066.016.42$6,073
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006171060.598.93$10,361
Dec 20051054.9413.42$55
Nov 20050054.6910.59$0
Oct 2005166058.3413.80$9,684
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 200596045.226.65$4,341
Apr 20051049.207.36$49
Mar 20051050.377.15$50
Feb 2005132045.226.31$5,969
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 200462045.286.33$2,807
Oct 20040049.706.52$0
Sep 200497043.245.28$4,194
Aug 20040042.375.55$0
Jul 2004180038.286.08$6,890
Jun 20041036.106.43$36
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004116034.365.53$3,986
Feb 20040032.455.51$0
Jan 2004101032.036.30$3,235
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003104028.174.76$2,930
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 200380029.415.17$2,353
Jun 20030028.565.98$0
May 200387026.595.97$2,313
Apr 20031026.675.41$27
Mar 200385031.146.10$2,647
Feb 20031033.487.93$33
Jan 200397030.315.58$2,940
Dec 20020026.914.85$0
Nov 20021024.664.14$25
Oct 2002113026.464.23$2,990
Sep 2002102027.443.64$2,799
Aug 20021025.963.16$26
Jul 20020024.583.06$0
Jun 20022023.733.34$47
May 2002171024.663.58$4,217
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20021018.222.38$18
Jan 2002183017.172.38$3,142
Dec 20013016.932.36$51
Nov 20012018.072.41$36
Oct 20011019.782.53$20
Sep 2001152024.262.25$3,688
Aug 20011024.873.05$25
Jul 2001140023.933.20$3,350
Jun 20012024.563.82$49
May 20012025.524.31$51
Apr 20013024.685.34$74
Mar 2001100024.545.38$2,454
Feb 20010027.755.77$0
Jan 2001139027.478.40$3,818
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000111031.235.15$3,467
Sep 20000031.875.19$0
Aug 200096029.644.54$2,845
Jul 20000028.534.09$0
Jun 200069029.304.40$2,022
May 2000185027.263.68$5,043
Apr 20003024.513.12$74
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000177025.272.48$4,473
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 1999188020.982.80$3,944
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999184017.892.37$3,292
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999177012.471.84$2,207
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 199818609.201.77$1,711
Nov 19981010.892.19$11
Oct 19980012.421.97$0
Sep 19981012.592.08$13
Aug 1998173011.301.91$1,955
Jul 19980011.742.24$0
Jun 19981011.242.24$11
May 1998190012.622.21$2,398
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19982013.952.30$28
Jan 1998187014.702.15$2,749
Dec 19972016.322.41$33
Nov 1997187018.193.09$3,402
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 1997186017.862.55$3,322
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 1997188018.972.31$3,566
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 1997184023.483.54$4,320
Dec 19961023.32$23
Nov 1996178021.97$3,911
Oct 19960023.31$0
Sep 19961022.22$22
Aug 1996173020.26$3,505
Jul 19960019.55$0
Jun 1996181018.73$3,390
May 19961019.43$19
Apr 19960021.51$0
Mar 1996197019.38$3,818
Feb 19961016.98$17
Jan 19961017.07$17
Dec 1995177017.19$3,043
Nov 19950016.00$0
Oct 1995189015.43$2,916
Sep 19950016.18$0
Aug 19952015.92$32
Jul 1995190015.24$2,896
Jun 19950016.41$0
May 1995191017.56$3,354
Apr 19950017.73$0
Mar 1995185016.44$3,041
Feb 19950016.58$0
Jan 19951015.92$16
Dec 1994198015.03$2,976
Nov 19940015.90$0
Oct 1994189015.58$2,945
Sep 19940115.29$0
Aug 1994180116.13$2,903
Jul 19940117.56$0
Jun 1994183117.09$3,127
May 19944115.88$64
Apr 1994180114.14$2,545
Mar 19940112.46$0
Feb 1994187012.50$2,338
Jan 199443112.66$51
Dec 19931833112.33$2,256
Nov 199303114.49$0
Oct 19931853115.85$2,932
Sep 19931803115.03$2,705
Aug 199333115.66$47
Jul 19931803115.46$2,783
Jun 199303016.79$0
May 19931853117.68$3,271
Apr 19931903118.05$3,430
Mar 199303118.14$0
Feb 19931873117.90$3,347
Jan 19931853116.93$3,132

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.

Jul 2020 — as filed, then multipliedworked
Oil                  230 bbl  × $ 38.37 =     $8,825
Casinghead gas         0 Mcf  × $  1.83 =         $0

────────────────────────────────────────────────────
Month total                                   $8,825

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/16938 is the state's own key, not one this site invented.