LOIS UNIT

Name: LOIS UNIT 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 18510District 03Field 34733500NGPA filingOilCasinghead gasSave Export

Value, all time

$7.5 M

Jan 1993 – May 2017

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

293

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	1	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	59,677 bbl	$2,122,645
Casinghead gas	Production	1,300,083 Mcf	$5,401,520
Total			$7,524,165

70,973 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 30.3089, -96.6757. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.30890, -96.67565 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

11,804 ft

1 wells filed one

Completion to plug

16.6 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 11,804 ft.

Completions filed

Aug 1997

1 of 1 wells

Plug dates filed

Mar 2014

1 of 1 wells

Last completion to plug: a median of 16.6 years across the 1 well that filed both dates, with the middle half between 16.6 years and 16.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-05132773	3 A	11,804 ft	Aug 1997	Mar 2014	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 (293)

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

293 months


May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	39	0	49.41	3.42	$1,927
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	165	0	46.19	3.09	$7,621
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	20	26.47	2.06	$41
Jan 2016	0	14	27.35	2.36	$33
Dec 2015	0	19	32.36	2.00	$38
Nov 2015	0	15	38.79	2.17	$33
Oct 2015	0	4	43.55	2.43	$10
Sep 2015	0	1	42.99	2.76	$3
Aug 2015	0	15	40.16	2.87	$43
Jul 2015	0	39	48.15	2.95	$115
Jun 2015	0	120	56.15	2.88	$346
May 2015	0	0	55.21	2.96	$0
Apr 2015	27	100	49.82	2.71	$1,616
Mar 2015	2	112	42.89	2.93	$414
Feb 2015	3	148	44.66	2.98	$574
Jan 2015	3	137	43.43	3.10	$555
Dec 2014	4	150	54.69	3.59	$757
Nov 2014	1	154	70.46	4.25	$725
Oct 2014	3	170	78.30	3.90	$898
Sep 2014	70	231	86.16	4.05	$6,966
Aug 2014	0	217	89.39	4.04	$876
Jul 2014	3	200	96.56	4.18	$1,126
Jun 2014	3	198	98.16	4.74	$1,232
May 2014	1	181	94.73	4.73	$950
Apr 2014	4	235	95.94	4.81	$1,514
Mar 2014	4	260	95.89	5.06	$1,698
Feb 2014	5	208	97.40	6.19	$1,775
Jan 2014	1	172	90.40	4.86	$926
Dec 2013	7	212	91.82	4.35	$1,566
Nov 2013	146	317	88.85	3.74	$14,157
Oct 2013	5	486	97.42	3.78	$2,324
Sep 2013	17	577	104.11	3.72	$3,915
Aug 2013	5	336	104.25	3.52	$1,705
Jul 2013	4	295	102.52	3.72	$1,507
Jun 2013	106	231	94.40	3.93	$10,915
May 2013	2	282	94.83	4.15	$1,360
Apr 2013	3	228	93.96	4.28	$1,258
Mar 2013	157	306	93.62	3.91	$15,896
Feb 2013	2	289	91.23	3.42	$1,171
Jan 2013	5	296	91.60	3.42	$1,470
Dec 2012	5	266	86.77	3.42	$1,344
Nov 2012	2	519	86.95	3.62	$2,055
Oct 2012	165	965	89.38	3.40	$18,028
Sep 2012	2	1,480	94.67	2.92	$4,509
Aug 2012	3	1,218	92.66	2.91	$3,820
Jul 2012	122	3,890	85.13	3.02	$22,137
Jun 2012	81	3,231	79.82	2.52	$14,604
May 2012	163	2,855	91.61	2.49	$22,037
Apr 2012	99	2,860	101.65	2.00	$15,774
Mar 2012	170	3,498	105.05	2.22	$25,631
Feb 2012	172	3,523	101.10	2.57	$26,444
Jan 2012	6	3,016	98.09	2.73	$8,835
Dec 2011	264	3,314	96.87	3.24	$36,310
Nov 2011	8	2,857	95.72	3.31	$10,226
Oct 2011	284	2,792	84.98	3.65	$34,321
Sep 2011	3	2,824	83.62	3.99	$11,507
Aug 2011	161	2,862	83.40	4.15	$25,303
Jul 2011	163	6,936	94.14	4.52	$46,676
Jun 2011	171	3,534	92.90	4.64	$32,283
May 2011	171	3,994	98.13	4.40	$34,373
Apr 2011	175	4,265	105.96	4.33	$37,024
Mar 2011	173	3,882	96.36	4.06	$32,421
Feb 2011	9	4,292	85.64	4.18	$18,711
Jan 2011	174	4,478	86.50	4.59	$35,600
Dec 2010	176	4,440	85.73	4.35	$34,392
Nov 2010	232	4,034	80.84	3.80	$34,065
Oct 2010	248	4,208	78.10	3.51	$34,134
Sep 2010	162	4,135	72.63	3.98	$28,221
Aug 2010	162	4,134	73.68	4.42	$30,206
Jul 2010	86	3,959	72.55	4.74	$24,991
Jun 2010	151	4,207	70.36	4.91	$31,282
May 2010	163	4,024	71.12	4.24	$28,635
Apr 2010	131	3,925	81.69	4.12	$26,883
Mar 2010	176	5,176	78.39	4.39	$36,512
Feb 2010	297	3,782	73.58	5.44	$42,436
Jan 2010	7	6,048	74.36	5.96	$36,591
Dec 2009	173	6,639	71.44	5.48	$48,766
Nov 2009	169	6,141	74.59	3.75	$35,644
Oct 2009	178	6,606	72.54	4.11	$40,064
Sep 2009	174	5,889	65.54	3.06	$29,452
Aug 2009	161	6,065	67.42	3.22	$30,375
Jul 2009	167	5,583	61.13	3.46	$29,551
Jun 2009	337	6,798	66.16	3.90	$48,774
May 2009	181	7,582	54.74	3.93	$39,673
Apr 2009	173	7,406	46.77	3.59	$34,660
Mar 2009	339	7,329	42.14	4.06	$44,034
Feb 2009	186	6,744	32.81	4.63	$37,348
Jan 2009	188	7,288	35.86	5.37	$45,886
Dec 2008	349	6,475	37.10	5.98	$51,650
Nov 2008	165	6,717	55.49	6.86	$55,237
Oct 2008	170	5,972	75.24	6.92	$54,129
Sep 2008	160	5,385	101.76	7.88	$58,700
Aug 2008	163	6,710	114.22	8.48	$75,539
Jul 2008	167	7,308	131.08	11.39	$105,124
Jun 2008	318	7,606	131.33	13.03	$140,889
May 2008	169	7,760	123.17	11.57	$110,632
Apr 2008	146	7,465	110.31	10.45	$94,151
Mar 2008	177	7,021	101.90	9.66	$85,888
Feb 2008	170	4,729	92.53	8.77	$57,206
Jan 2008	167	5,812	90.38	8.21	$62,785
Dec 2007	159	1,439	88.33	7.30	$24,552
Nov 2007	165	5,492	91.67	7.29	$55,172
Oct 2007	160	6,253	82.85	6.92	$56,539
Sep 2007	266	6,048	75.84	6.24	$57,938
Aug 2007	161	5,906	69.06	6.39	$48,846
Jul 2007	147	6,187	70.90	6.39	$49,944
Jun 2007	188	3,983	62.00	7.55	$41,721
May 2007	362	3,051	58.74	7.85	$45,203
Apr 2007	11	2,234	59.61	7.81	$18,093
Mar 2007	10	2,598	56.92	7.30	$19,540
Feb 2007	333	2,536	55.10	8.22	$39,184
Jan 2007	14	3,051	50.30	6.73	$21,228
Dec 2006	178	2,726	56.65	6.92	$28,943
Nov 2006	178	2,512	54.20	7.62	$28,783
Oct 2006	11	2,315	54.90	6.01	$14,526
Sep 2006	165	2,077	60.08	5.04	$20,375
Aug 2006	350	2,099	68.71	7.34	$39,455
Jul 2006	184	2,520	69.37	6.34	$28,748
Jun 2006	351	2,400	66.28	6.38	$38,586
May 2006	163	1,965	66.01	6.42	$23,385
Apr 2006	332	2,903	64.39	7.36	$42,745
Mar 2006	519	3,008	56.70	7.08	$50,733
Feb 2006	172	2,232	57.59	7.75	$27,206
Jan 2006	8	2,566	60.59	8.93	$23,408
Dec 2005	179	2,811	54.94	13.42	$47,545
Nov 2005	173	4,158	54.69	10.59	$53,488
Oct 2005	8	3,890	58.34	13.80	$54,132
Sep 2005	168	4,083	61.45	12.08	$59,642
Aug 2005	444	4,314	61.51	9.80	$69,574
Jul 2005	362	6,677	55.69	7.84	$72,532
Jun 2005	11	5,215	52.33	7.38	$39,068
May 2005	173	4,031	45.22	6.65	$34,634
Apr 2005	109	2,270	49.20	7.36	$22,071
Mar 2005	0	3,708	50.37	7.15	$26,530
Feb 2005	182	2,950	45.22	6.31	$26,850
Jan 2005	179	4,902	43.16	6.32	$38,717
Dec 2004	182	8,223	39.86	6.75	$62,769
Nov 2004	347	7,515	45.28	6.33	$63,285
Oct 2004	185	8,062	49.70	6.52	$61,719
Sep 2004	182	6,701	43.24	5.28	$43,277
Aug 2004	195	7,123	42.37	5.55	$47,800
Jul 2004	179	6,237	38.28	6.08	$44,799
Jun 2004	175	4,511	36.10	6.43	$35,337
May 2004	168	3,786	37.48	6.49	$30,885
Apr 2004	190	4,970	34.47	5.86	$35,666
Mar 2004	362	6,070	34.36	5.53	$46,006
Feb 2004	180	5,955	32.45	5.51	$38,651
Jan 2004	177	5,320	32.03	6.30	$39,183
Dec 2003	192	5,950	30.26	6.30	$43,305
Nov 2003	173	5,989	28.80	4.60	$32,503
Oct 2003	324	7,040	28.17	4.76	$42,635
Sep 2003	162	4,008	26.31	4.75	$23,298
Aug 2003	197	4,433	29.76	5.13	$28,603
Jul 2003	160	6,071	29.41	5.17	$36,098
Jun 2003	345	6,137	28.56	5.98	$46,571
May 2003	5	6,837	26.59	5.97	$40,968
Apr 2003	338	7,764	26.67	5.41	$50,997
Mar 2003	169	7,736	31.14	6.10	$52,422
Feb 2003	233	6,300	33.48	7.93	$57,734
Jan 2003	537	7,986	30.31	5.58	$60,855
Dec 2002	1	6,984	26.91	4.85	$33,926
Nov 2002	363	7,055	24.66	4.14	$38,138
Oct 2002	337	7,648	26.46	4.23	$41,261
Sep 2002	170	7,197	27.44	3.64	$30,827
Aug 2002	365	8,736	25.96	3.16	$37,118
Jul 2002	176	9,476	24.58	3.06	$33,339
Jun 2002	344	9,244	23.73	3.34	$39,022
May 2002	365	10,687	24.66	3.58	$47,303
Apr 2002	168	9,413	23.65	3.51	$37,035
Mar 2002	1,076	9,697	22.00	3.10	$53,759
Feb 2002	160	9,207	18.22	2.38	$24,788
Jan 2002	721	9,239	17.17	2.38	$34,328
Dec 2001	370	8,628	16.93	2.36	$26,664
Nov 2001	7	8,941	18.07	2.41	$21,634
Oct 2001	10	8,015	19.78	2.53	$20,467
Sep 2001	551	7,960	24.26	2.25	$31,288
Aug 2001	380	4,501	24.87	3.05	$23,193
Jul 2001	9	4,356	23.93	3.20	$14,142
Jun 2001	360	3,535	24.56	3.82	$22,360
May 2001	6	3,854	25.52	4.31	$16,754
Apr 2001	375	4,149	24.68	5.34	$31,391
Mar 2001	370	4,725	24.54	5.38	$34,483
Feb 2001	366	4,026	27.75	5.77	$33,375
Jan 2001	396	4,755	27.47	8.40	$50,814
Dec 2000	382	4,134	26.88	9.12	$47,981
Nov 2000	380	7,505	32.21	5.66	$54,703
Oct 2000	180	7,879	31.23	5.15	$46,163
Sep 2000	609	7,993	31.87	5.19	$60,865
Aug 2000	182	10,119	29.64	4.54	$51,342
Jul 2000	507	8,317	28.53	4.09	$48,479
Jun 2000	548	11,161	29.30	4.40	$65,134
May 2000	380	9,764	27.26	3.68	$46,288
Apr 2000	380	9,192	24.51	3.12	$37,956
Mar 2000	934	12,602	28.42	2.86	$62,583
Feb 2000	399	11,747	27.62	2.73	$43,049
Jan 2000	362	10,078	25.27	2.48	$34,146
Dec 1999	438	9,164	24.28	2.42	$32,846
Nov 1999	441	8,769	23.19	2.43	$31,570
Oct 1999	428	9,995	20.98	2.80	$37,003
Sep 1999	572	10,055	21.75	2.62	$38,774
Aug 1999	729	13,632	19.26	2.88	$53,241
Jul 1999	368	12,059	17.89	2.37	$35,192
Jun 1999	372	8,539	15.94	2.36	$26,100
May 1999	542	10,100	15.79	2.32	$32,000
Apr 1999	1,060	11,837	15.10	2.21	$42,143
Mar 1999	585	14,788	12.47	1.84	$34,480
Feb 1999	933	14,113	9.98	1.82	$34,966
Jan 1999	1,532	17,020	10.38	1.90	$48,239
Dec 1998	378	13,345	9.20	1.77	$27,143
Nov 1998	552	8,871	10.89	2.19	$25,401
Oct 1998	727	9,869	12.42	1.97	$28,463
Sep 1998	760	10,305	12.59	2.08	$31,030
Aug 1998	759	11,719	11.30	1.91	$30,929
Jul 1998	374	8,793	11.74	2.24	$24,063
Jun 1998	9	8,233	11.24	2.24	$18,521
May 1998	932	10,785	12.62	2.21	$35,557
Apr 1998	775	11,815	13.04	2.51	$39,706
Mar 1998	590	14,651	12.80	2.31	$41,388
Feb 1998	784	16,486	13.95	2.30	$48,840
Jan 1998	773	19,509	14.70	2.15	$53,401
Dec 1997	1,510	21,984	16.32	2.41	$77,649
Nov 1997	1,129	21,044	18.19	3.09	$85,526
Oct 1997	1,288	22,989	19.25	3.15	$97,205
Sep 1997	1,310	17,168	17.74	2.95	$73,969
Aug 1997	10	2,575	17.86	2.55	$6,757
Jul 1997	251	447	17.58	2.25	$5,417
Jun 1997	13	1,201	17.24	2.26	$2,935
May 1997	10	1,145	18.97	2.31	$2,833
Apr 1997	13	1,137	17.88	2.08	$2,601
Mar 1997	10	1,125	18.95	1.94	$2,371
Feb 1997	9	997	20.49	2.21	$2,384
Jan 1997	176	1,065	23.48	3.54	$7,902
Dec 1996	12	905	23.32	—	$280
Nov 1996	7	1,099	21.97	—	$154
Oct 1996	49	1,278	23.31	—	$1,142
Sep 1996	8	1,288	22.22	—	$178
Aug 1996	256	1,258	20.26	—	$5,187
Jul 1996	18	1,332	19.55	—	$352
Jun 1996	18	1,108	18.73	—	$337
May 1996	21	1,595	19.43	—	$408
Apr 1996	207	1,317	21.51	—	$4,453
Mar 1996	7	1,324	19.38	—	$136
Feb 1996	11	1,016	16.98	—	$187
Jan 1996	188	1,300	17.07	—	$3,209
Dec 1995	13	1,342	17.19	—	$223
Nov 1995	193	1,023	16.00	—	$3,088
Oct 1995	5	1,571	15.43	—	$77
Sep 1995	177	1,152	16.18	—	$2,864
Aug 1995	9	1,402	15.92	—	$143
Jul 1995	7	1,400	15.24	—	$107
Jun 1995	179	1,364	16.41	—	$2,937
May 1995	10	854	17.56	—	$176
Apr 1995	14	1,069	17.73	—	$248
Mar 1995	13	951	16.44	—	$214
Feb 1995	4	1,167	16.58	—	$66
Jan 1995	4	599	15.92	—	$64
Dec 1994	160	1,295	15.03	—	$2,405
Nov 1994	12	1,426	15.90	—	$191
Oct 1994	6	1,169	15.58	—	$93
Sep 1994	186	1,329	15.29	—	$2,844
Aug 1994	6	1,776	16.13	—	$97
Jul 1994	5	1,813	17.56	—	$88
Jun 1994	111	2,036	17.09	—	$1,897
May 1994	170	2,107	15.88	—	$2,700
Apr 1994	164	2,132	14.14	—	$2,319
Mar 1994	5	2,085	12.46	—	$62
Feb 1994	169	1,911	12.50	—	$2,113
Jan 1994	5	2,150	12.66	—	$63
Dec 1993	164	1,501	12.33	—	$2,022
Nov 1993	3	1,723	14.49	—	$43
Oct 1993	172	1,854	15.85	—	$2,726
Sep 1993	169	1,743	15.03	—	$2,540
Aug 1993	4	2,061	15.66	—	$63
Jul 1993	348	2,289	15.46	—	$5,380
Jun 1993	4	1,971	16.79	—	$67
May 1993	169	1,347	17.68	—	$2,988
Apr 1993	0	1,543	18.05	—	$0
Mar 1993	1	1,694	18.14	—	$18
Feb 1993	169	1,553	17.90	—	$3,025
Jan 1993	1	1,751	16.93	—	$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.

Jan 2017 — as filed, then multipliedworked

Oil                   39 bbl  × $ 49.41 =     $1,927
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                   $1,927

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/18510 is the state's own key, not one this site invented.