LAUDERDALE

Name: LAUDERDALE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 18249District 03Field 34733500NGPA filingOilCasinghead gasSave Export

Value, all time

$531 k

Jan 1993 – Nov 1998

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	5	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	32,305 bbl	$523,935
Casinghead gas	Production	413,095 Mcf	$7,087
Total			$531,022

410,161 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 (5)

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 30.3276, -96.5680. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.9 miles.

30.32983, -96.56767 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

5 of 5 wells

With a plug date

80.0%

4 of 5 wells

Median depth

10,395 ft

5 wells filed one

Completion to plug

12.1 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

480.0%

BothOn the schedule and plugged. Neither fact cancels the other.

480.0%

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 10,303 and 11,241 ft, median 10,395 ft, over the 5 wells that filed a depth.

Completions filed

Jan 1985 – Dec 1996

5 of 5 wells

Plug dates filed

Apr 1993 – Sep 1998

4 of 5 wells; 1 filed none

Last completion to plug: a median of 12.1 years across the 4 wells that filed both dates, with the middle half between 10.4 years and 12.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-05132781	14	11,241 ft	Dec 1996	—	Yes
42-05132893	16	10,395 ft	May 1986	Apr 1993	Yes
42-05132815	11	10,303 ft	Jan 1986	Aug 1998	Yes
42-05132752	10	10,500 ft	Apr 1985	Sep 1998	Yes
42-05132753	4	10,312 ft	Jan 1985	Aug 1996	Yes

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 (71)

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

71 months


Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	238	4	12.59	2.08	$3,005
Aug 1998	16	263	11.30	1.91	$682
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	5	105	11.24	2.24	$291
May 1998	4	143	12.62	2.21	$366
Apr 1998	7	46	13.04	2.51	$207
Mar 1998	19	143	12.80	2.31	$573
Feb 1998	9	104	13.95	2.30	$365
Jan 1998	8	129	14.70	2.15	$396
Dec 1997	8	158	16.32	2.41	$512
Nov 1997	6	94	18.19	3.09	$399
Oct 1997	14	153	19.25	3.15	$751
Sep 1997	8	181	17.74	2.95	$677
Aug 1997	0	269	17.86	2.55	$687
Jul 1997	13	102	17.58	2.25	$458
Jun 1997	13	191	17.24	2.26	$655
May 1997	10	357	18.97	2.31	$1,014
Apr 1997	13	123	17.88	2.08	$489
Mar 1997	10	88	18.95	1.94	$360
Feb 1997	8	163	20.49	2.21	$523
Jan 1997	10	118	23.48	3.54	$652
Dec 1996	24	171	23.32	—	$560
Nov 1996	124	2,005	21.97	—	$2,724
Oct 1996	16	1,159	23.31	—	$373
Sep 1996	16	456	22.22	—	$356
Aug 1996	489	3,606	20.26	—	$9,907
Jul 1996	36	2,055	19.55	—	$704
Jun 1996	36	856	18.73	—	$674
May 1996	43	4,396	19.43	—	$835
Apr 1996	387	808	21.51	—	$8,324
Mar 1996	372	4,516	19.38	—	$7,209
Feb 1996	716	3,553	16.98	—	$12,158
Jan 1996	763	6,354	17.07	—	$13,024
Dec 1995	1,099	7,266	17.19	—	$18,892
Nov 1995	1,091	7,857	16.00	—	$17,456
Oct 1995	716	8,758	15.43	—	$11,048
Sep 1995	369	11,421	16.18	—	$5,970
Aug 1995	352	10,089	15.92	—	$5,604
Jul 1995	893	9,565	15.24	—	$13,609
Jun 1995	736	8,404	16.41	—	$12,078
May 1995	1,101	8,838	17.56	—	$19,334
Apr 1995	892	9,033	17.73	—	$15,815
Mar 1995	1,074	7,375	16.44	—	$17,657
Feb 1995	1,067	6,318	16.58	—	$17,691
Jan 1995	1,029	8,185	15.92	—	$16,382
Dec 1994	1,436	10,259	15.03	—	$21,583
Nov 1994	1,225	9,634	15.90	—	$19,478
Oct 1994	371	514	15.58	—	$5,780
Sep 1994	375	7,188	15.29	—	$5,734
Aug 1994	18	10,123	16.13	—	$290
Jul 1994	698	10,993	17.56	—	$12,257
Jun 1994	707	10,917	17.09	—	$12,083
May 1994	907	11,407	15.88	—	$14,403
Apr 1994	387	10,878	14.14	—	$5,472
Mar 1994	736	11,462	12.46	—	$9,171
Feb 1994	743	10,266	12.50	—	$9,288
Jan 1994	882	12,553	12.66	—	$11,166
Dec 1993	884	13,380	12.33	—	$10,900
Nov 1993	534	12,593	14.49	—	$7,738
Oct 1993	1,041	12,890	15.85	—	$16,500
Sep 1993	357	13,394	15.03	—	$5,366
Aug 1993	709	13,533	15.66	—	$11,103
Jul 1993	859	14,307	15.46	—	$13,280
Jun 1993	885	13,101	16.79	—	$14,859
May 1993	895	13,994	17.68	—	$15,824
Apr 1993	855	12,468	18.05	—	$15,433
Mar 1993	1,048	14,274	18.14	—	$19,011
Feb 1993	836	12,018	17.90	—	$14,964
Jan 1993	1,057	14,971	16.93	—	$17,895

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.

Sep 1998 — as filed, then multipliedworked

Oil                  238 bbl  × $ 12.59 =     $2,996
Casinghead gas         4 Mcf  × $  2.08 =         $8

────────────────────────────────────────────────────
Month total                                   $3,005

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/18249 is the state's own key, not one this site invented.