FROESE UNIT

Operated by PALEO OIL COMPANY LLC (P-5 635131) 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 18200District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$4.0 M
Jan 1993 – Dec 2019
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
324
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

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
OilDisposition36,815 bbl$1,256,722
Casinghead gasProduction511,545 Mcf$2,777,407
Total$4,034,129

3,226 Mcf of this lease's gas, across 19 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 30.1138, -96.6782. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.11381, -96.67823 · 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
0.0%
0 of 1 wells
Median depth
12,034 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 12,034 ft.

Completions filed
Aug 2000
1 of 1 wells

1 well

42-14931248112,034 ftAug 2000Yes

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 (324)

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

324 months

Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019122053.472.42$6,523
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201902258.482.74$60
Apr 201901762.632.75$47
Mar 20190056.803.06$0
Feb 201903550.852.79$98
Jan 2019017146.033.23$552
Dec 2018012446.594.19$519
Nov 2018015552.934.24$657
Oct 2018020461.443.40$693
Sep 2018012959.543.11$401
Aug 2018015259.403.07$466
Jul 201808765.142.93$255
Jun 201808260.183.08$252
May 20180065.382.90$0
Apr 2018010063.842.90$290
Mar 201806561.222.79$181
Feb 201804161.782.77$113
Jan 201809162.874.01$365
Dec 201701657.272.92$47
Nov 201708855.423.12$274
Oct 201707349.292.98$218
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201701447.933.21$45
Mar 201702346.772.98$69
Feb 201702650.452.95$77
Jan 201704549.413.42$154
Dec 201602548.763.72$93
Nov 201604542.492.64$119
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016018041.442.92$526
Jul 201602841.622.92$82
Jun 201606845.352.69$183
May 201609442.521.99$187
Apr 201608136.561.99$161
Mar 201605133.011.79$91
Feb 201606326.472.06$130
Jan 201605827.352.36$137
Dec 201507232.362.00$144
Nov 201507238.792.17$156
Oct 201506543.552.43$158
Sep 201505942.992.76$163
Aug 201504640.162.87$132
Jul 201507548.152.95$221
Jun 201509856.152.88$283
May 201508255.212.96$242
Apr 201507849.822.71$211
Mar 2015010742.892.93$314
Feb 201508444.662.98$250
Jan 201508843.433.10$273
Dec 2014011654.693.59$417
Nov 201409070.464.25$383
Oct 201409978.303.90$386
Sep 2014011586.164.05$465
Aug 2014011089.394.04$444
Jul 2014013096.564.18$543
Jun 201407998.164.74$374
May 2014014294.734.73$671
Apr 2014026395.944.81$1,265
Mar 2014042895.895.06$2,164
Feb 2014262397.406.19$4,052
Jan 2014158290.404.86$2,919
Dec 2013184091.824.35$16,895
Nov 201319270188.853.74$19,680
Oct 201301,13497.423.78$4,286
Sep 201301,015104.113.72$3,774
Aug 20130136104.253.52$479
Jul 20130448102.523.72$1,666
Jun 201310226094.403.93$10,651
May 2013050494.834.15$2,091
Apr 2013013193.964.28$561
Mar 201308593.623.91$333
Feb 201309491.233.42$321
Jan 201309791.603.42$332
Dec 2012011986.773.42$407
Nov 2012011186.953.62$402
Oct 201208589.383.40$289
Sep 2012014994.672.92$435
Aug 2012013092.662.91$378
Jul 2012015185.133.02$456
Jun 2012015379.822.52$385
May 2012022891.612.49$567
Apr 20120191101.652.00$381
Mar 20120268105.052.22$596
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201102798.134.40$119
Apr 20117552105.964.33$8,172
Mar 2011032396.364.06$1,311
Feb 201119763485.644.18$19,521
Jan 2011067186.504.59$3,079
Dec 2010065885.734.35$2,861
Nov 2010040080.843.80$1,518
Oct 201019477278.103.51$17,860
Sep 2010077472.633.98$3,080
Aug 2010082273.684.42$3,633
Jul 2010095672.554.74$4,528
Jun 201019394570.364.91$18,220
May 2010050871.124.24$2,151
Apr 2010078881.694.12$3,249
Mar 2010084978.394.39$3,726
Feb 201019576073.585.44$18,484
Jan 2010087974.365.96$5,242
Dec 2009094171.445.48$5,160
Nov 200918991174.593.75$17,515
Oct 2009093072.544.11$3,823
Sep 2009094065.543.06$2,881
Aug 200919296167.423.22$16,038
Jul 200901,07461.133.46$3,721
Jun 200901,25966.163.90$4,904
May 2009075854.743.93$2,976
Apr 20091801,26346.773.59$12,950
Mar 200901,81142.144.06$7,351
Feb 20091941,09332.814.63$11,429
Jan 200901,28835.865.37$6,918
Dec 200801,25537.105.98$7,501
Nov 20082001,50155.496.86$21,395
Oct 200801,42675.246.92$9,871
Sep 200801,204101.767.88$9,484
Aug 20081941,578114.228.48$35,545
Jul 200801,987131.0811.39$22,631
Jun 200801,989131.3313.03$25,922
May 20081962,004123.1711.57$47,336
Apr 200802,048110.3110.45$21,412
Mar 20081971,562101.909.66$35,170
Feb 200801,51292.538.77$13,261
Jan 20081971,95090.388.21$33,806
Dec 200702,07188.337.30$15,122
Nov 200701,62591.677.29$11,849
Oct 2007027782.856.92$1,917
Sep 200707575.846.24$468
Aug 200718799969.066.39$19,296
Jul 2007169270.906.39$4,491
Jun 2007051362.007.55$3,872
May 2007275258.747.85$6,018
Apr 200719686559.617.81$18,435
Mar 2007069456.927.30$5,068
Feb 200720240555.108.22$14,458
Jan 2007047450.306.73$3,189
Dec 2006051856.656.92$3,584
Nov 2006055754.207.62$4,243
Oct 2006076854.906.01$4,619
Sep 200618194060.085.04$15,609
Aug 2006097868.717.34$7,178
Jul 200611,31669.376.34$8,416
Jun 200619195366.286.38$18,743
May 200611,45766.016.42$9,427
Apr 20061881,46664.397.36$22,896
Mar 200621,56256.707.08$11,177
Feb 200601,32457.597.75$10,262
Jan 200611,67860.598.93$15,051
Dec 20051871,36954.9413.42$28,639
Nov 200511,62154.6910.59$17,218
Oct 200502,01958.3413.80$27,854
Sep 20051291,60561.4512.08$27,314
Aug 200501,84361.519.80$18,056
Jul 20051691,74355.697.84$23,083
Jun 200521,72352.337.38$12,822
May 20051841,65245.226.65$19,308
Apr 200501,51549.207.36$11,151
Mar 20051871,68650.377.15$21,482
Feb 20051751,58645.226.31$17,924
Jan 200501,02443.166.32$6,474
Dec 2004186339.866.75$5,866
Nov 200416798445.286.33$13,791
Oct 200401,03049.706.52$6,711
Sep 20041701,23743.245.28$13,887
Aug 20041671,70842.375.55$16,556
Jul 200401,17038.286.08$7,118
Jun 20041691,18336.106.43$13,711
May 20041681,53237.486.49$16,246
Apr 200441,35934.475.86$8,100
Mar 20041761,04434.365.53$11,821
Feb 20041741,39532.455.51$13,332
Jan 20041901,20532.036.30$13,677
Dec 200311,28130.266.30$8,103
Nov 20031821,20628.804.60$10,783
Oct 20031841,04628.174.76$10,162
Sep 20031821,11126.314.75$10,065
Aug 2003157729.765.13$2,990
Jul 20031852,03029.415.17$15,938
Jun 20033682,13528.565.98$23,284
May 200301,85926.595.97$11,103
Apr 200302,06326.675.41$11,155
Mar 20031842,19331.146.10$19,098
Feb 20031831,46533.487.93$17,738
Jan 20031944830.315.58$6,148
Dec 20021863,20226.914.85$20,547
Nov 20021902,68024.664.14$15,772
Oct 20021822,88626.464.23$17,021
Sep 20023332,97027.443.64$19,934
Aug 20021843,31125.963.16$15,253
Jul 20023563,61524.583.06$19,819
Jun 20021783,74023.733.34$16,709
May 20023544,17624.663.58$23,696
Apr 20021804,28723.653.51$19,314
Mar 20023614,80122.003.10$22,838
Feb 20023495,23118.222.38$18,786
Jan 20025355,87917.172.38$23,153
Dec 20011763,31816.932.36$10,825
Nov 20013553,93418.072.41$15,878
Oct 20013635,14019.782.53$20,179
Sep 20011875,70024.262.25$17,369
Aug 20015496,65524.873.05$33,972
Jul 20013587,46223.933.20$32,424
Jun 20015348,26024.563.82$44,703
May 200153410,25225.524.31$57,786
Apr 200171511,28124.685.34$77,834
Mar 200191113,73024.545.38$96,174
Feb 2001718027.755.77$19,925
Jan 20011,08819,21827.478.40$191,295
Dec 20001,45124,71526.889.12$264,465
Nov 20001,63632,17432.215.66$234,736
Oct 20002,53750,91131.235.15$341,193
Sep 20004,71274,22131.875.19$535,119
Aug 20006,06754,09229.644.54$425,444
Jul 2000195028.534.09$5,563
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199926015.102.21$393
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199975010.381.90$779
Dec 1998209.201.77$18
Nov 19981010.892.19$11
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19971018.193.09$18
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19961021.97$22
Oct 199662023.31$1,445
Sep 199692022.22$2,044
Aug 1996195020.26$3,951
Jul 19960019.55$0
Jun 19960018.73$0
May 19961019.43$19
Apr 19961021.51$22
Mar 19961019.38$19
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 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 199483115.29$1,269
Aug 19940116.13$0
Jul 199457117.56$1,001
Jun 1994183117.09$3,127
May 19940115.88$0
Apr 1994362114.14$5,119
Mar 19940112.46$0
Feb 199402312.50$0
Jan 1994030312.66$0
Dec 1993188612.33$2,318
Nov 199329432914.49$4,260
Oct 199301715.85$0
Sep 1993020615.03$0
Aug 199390015.66$1,409
Jul 199303215.46$0
Jun 19931882,15116.79$3,157
May 19935117.68$88
Apr 199306418.05$0
Mar 19930018.14$0
Feb 19930117.90$0
Jan 199308616.93$0

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 2019 — as filed, then multipliedworked
Oil                  122 bbl  × $ 53.47 =     $6,523
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                   $6,523

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/18200 is the state's own key, not one this site invented.