MAJESTIC-TROUSDALE "A"

Operated by LEEXUS OIL & GAS L.L.P. (P-5 495316) 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 20428District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$384 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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
OilDisposition19,982 bbl$347,526
Casinghead gasProduction52,543 Mcf$36,085
Total$383,611

38,087 Mcf of this lease's gas, across 44 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 29.9714, -96.9870. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.97144, -96.98704 · 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
8,957 ft
1 wells filed one
Completion to plug
9.5 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 8,957 ft.

Completions filed
May 1989
1 of 1 wells
Plug dates filed
Nov 1998
1 of 1 wells

Last completion to plug: a median of 9.5 years across the 1 well that filed both dates, with the middle half between 9.5 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1493119028,957 ftMay 1989Nov 1998Yes

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 (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
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 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
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 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
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 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
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 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
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 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980511.742.24$11
Jun 19985311.242.24$63
May 19981012.622.21$13
Apr 199871213.042.51$121
Mar 1998191312.802.31$273
Feb 199820525513.952.30$3,446
Jan 1998836814.702.15$911
Dec 199782216.322.41$184
Nov 19971811,00518.193.09$6,396
Oct 19973981,38519.253.15$12,024
Sep 19971931,21817.742.95$7,023
Aug 19971931,29917.862.55$6,766
Jul 19973871,46817.582.25$10,102
Jun 19973751,84617.242.26$10,632
May 199717640218.972.31$4,267
Apr 19973781,26917.882.08$9,402
Mar 19974211,86618.951.94$11,596
Feb 19973961,21020.492.21$10,783
Jan 199718981023.483.54$7,305
Dec 19964011,84723.32$9,351
Nov 19963941,93821.97$8,656
Oct 19963901,72723.31$9,091
Sep 19965841,61122.22$12,976
Aug 19965741,82220.26$11,629
Jul 19962111,46419.55$4,125
Jun 19963961,44318.73$7,417
May 199621017719.43$4,080
Apr 199619542921.51$4,194
Mar 199618659819.38$3,605
Feb 199618839616.98$3,192
Jan 199619239917.07$3,277
Dec 199521355817.19$3,661
Nov 199520876216.00$3,328
Oct 199536865215.43$5,678
Sep 19953751,39416.18$6,068
Aug 19953971,60315.92$6,320
Jul 19954212,33115.24$6,416
Jun 19955893,28016.41$9,665
May 19959301,76817.56$16,331
Apr 19951511017.73$266
Mar 19951,1102,46016.44$18,248
Feb 19951,9081,51516.58$31,635
Jan 199539018115.92$6,209
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19945116.13$81
Jul 19945117.56$88
Jun 19943117.09$51
May 1994610715.88$95
Apr 199416247514.14$2,291
Mar 1994142112.46$1,769
Feb 1994182112.50$2,275
Jan 199418935112.66$2,393
Dec 199353989412.33$6,646
Nov 19932114.49$29
Oct 199329515.85$32
Sep 19937031,34915.03$10,566
Aug 199337967515.66$5,935
Jul 19937421,17915.46$11,471
Jun 199390514216.79$15,195
May 19930117.68$0
Apr 19930118.05$0
Mar 19931118.14$18
Feb 199335375517.90$6,319
Jan 19931,2771,59116.93$21,620

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 1998 — as filed, then multipliedworked
Oil                    0 bbl  × $ 11.74 =         $0
Casinghead gas         5 Mcf  × $  2.24 =        $11

────────────────────────────────────────────────────
Month total                                      $11

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/20428 is the state's own key, not one this site invented.