CANDACE

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

Operated by OGDEN RESOURCES CORPORATION (P-5 618970) 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 20650District 03Field 34733500OilCasinghead gasSave Export

Value, all time

$2.9 M

Jan 1993 – May 2017

Value, last 12 filed months

$25 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”

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	68,632 bbl	$2,638,531
Casinghead gas	Production	56,711 Mcf	$225,805
Total			$2,864,336

11,354 Mcf of this lease's gas, across 42 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 30.5240, -96.6521. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.52404, -96.65207 · 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

9,547 ft

1 wells filed one

Completion to plug

27.1 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 9,547 ft.

Completions filed

Feb 1990

1 of 1 wells

Plug dates filed

Mar 2017

1 of 1 wells

Last completion to plug: a median of 27.1 years across the 1 well that filed both dates, with the middle half between 27.1 years and 27.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-05133034	1	9,547 ft	Feb 1990	Mar 2017	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	36	0	45.37	3.26	$1,633
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	138	0	46.77	2.98	$6,454
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	177	0	48.76	3.72	$8,631
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	174	0	46.19	3.09	$8,037
Sep 2016	0	17	41.55	3.10	$53
Aug 2016	1	30	41.44	2.92	$129
Jul 2016	0	1	41.62	2.92	$3
Jun 2016	0	26	45.35	2.69	$70
May 2016	175	26	42.52	1.99	$7,493
Apr 2016	1	20	36.56	1.99	$76
Mar 2016	194	31	33.01	1.79	$6,460
Feb 2016	191	37	26.47	2.06	$5,132
Jan 2016	0	43	27.35	2.36	$102
Dec 2015	177	29	32.36	2.00	$5,786
Nov 2015	0	22	38.79	2.17	$48
Oct 2015	180	34	43.55	2.43	$7,922
Sep 2015	186	25	42.99	2.76	$8,065
Aug 2015	0	43	40.16	2.87	$124
Jul 2015	186	18	48.15	2.95	$9,009
Jun 2015	1	19	56.15	2.88	$111
May 2015	181	9	55.21	2.96	$10,020
Apr 2015	178	13	49.82	2.71	$8,903
Mar 2015	0	7	42.89	2.93	$21
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	193	0	43.43	3.10	$8,382
Dec 2014	196	0	54.69	3.59	$10,719
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	188	0	78.30	3.90	$14,720
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	184	23	89.39	4.04	$16,541
Jul 2014	192	0	96.56	4.18	$18,540
Jun 2014	0	2	98.16	4.74	$9
May 2014	190	0	94.73	4.73	$17,999
Apr 2014	185	0	95.94	4.81	$17,749
Mar 2014	0	4	95.89	5.06	$20
Feb 2014	185	30	97.40	6.19	$18,205
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	186	21	91.82	4.35	$17,170
Nov 2013	189	11	88.85	3.74	$16,834
Oct 2013	182	9	97.42	3.78	$17,764
Sep 2013	0	4	104.11	3.72	$15
Aug 2013	190	9	104.25	3.52	$19,839
Jul 2013	183	0	102.52	3.72	$18,761
Jun 2013	0	0	94.40	3.93	$0
May 2013	189	4	94.83	4.15	$17,939
Apr 2013	190	21	93.96	4.28	$17,942
Mar 2013	179	58	93.62	3.91	$16,985
Feb 2013	0	1	91.23	3.42	$3
Jan 2013	159	21	91.60	3.42	$14,636
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	282	0	86.95	3.62	$24,520
Oct 2012	184	0	89.38	3.40	$16,446
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	186	0	92.66	2.91	$17,235
Jul 2012	186	0	85.13	3.02	$15,834
Jun 2012	184	0	79.82	2.52	$14,687
May 2012	181	67	91.61	2.49	$16,748
Apr 2012	188	254	101.65	2.00	$19,617
Mar 2012	184	521	105.05	2.22	$20,487
Feb 2012	184	54	101.10	2.57	$18,741
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	190	0	96.87	3.24	$18,405
Nov 2011	0	60	95.72	3.31	$199
Oct 2011	376	374	84.98	3.65	$33,317
Sep 2011	187	598	83.62	3.99	$18,020
Aug 2011	194	337	83.40	4.15	$17,578
Jul 2011	0	39	94.14	4.52	$176
Jun 2011	191	29	92.90	4.64	$17,878
May 2011	0	27	98.13	4.40	$119
Apr 2011	0	38	105.96	4.33	$165
Mar 2011	182	322	96.36	4.06	$18,844
Feb 2011	180	45	85.64	4.18	$15,603
Jan 2011	0	248	86.50	4.59	$1,138
Dec 2010	179	218	85.73	4.35	$16,293
Nov 2010	185	229	80.84	3.80	$15,825
Oct 2010	0	143	78.10	3.51	$502
Sep 2010	194	281	72.63	3.98	$15,208
Aug 2010	187	136	73.68	4.42	$14,379
Jul 2010	371	62	72.55	4.74	$27,210
Jun 2010	183	272	70.36	4.91	$14,212
May 2010	0	164	71.12	4.24	$695
Apr 2010	188	117	81.69	4.12	$15,840
Mar 2010	186	234	78.39	4.39	$15,607
Feb 2010	185	227	73.58	5.44	$14,848
Jan 2010	0	136	74.36	5.96	$811
Dec 2009	189	202	71.44	5.48	$14,610
Nov 2009	185	200	74.59	3.75	$14,549
Oct 2009	185	165	72.54	4.11	$14,098
Sep 2009	185	302	65.54	3.06	$13,050
Aug 2009	183	204	67.42	3.22	$12,994
Jul 2009	185	251	61.13	3.46	$12,179
Jun 2009	203	254	66.16	3.90	$14,420
May 2009	192	307	54.74	3.93	$11,715
Apr 2009	198	218	46.77	3.59	$10,043
Mar 2009	191	374	42.14	4.06	$9,567
Feb 2009	194	454	32.81	4.63	$8,469
Jan 2009	0	43	35.86	5.37	$231
Dec 2008	198	78	37.10	5.98	$7,812
Nov 2008	185	36	55.49	6.86	$10,513
Oct 2008	198	292	75.24	6.92	$16,919
Sep 2008	0	256	101.76	7.88	$2,017
Aug 2008	381	458	114.22	8.48	$47,403
Jul 2008	50	0	131.08	11.39	$6,554
Jun 2008	391	143	131.33	13.03	$53,214
May 2008	0	214	123.17	11.57	$2,477
Apr 2008	0	161	110.31	10.45	$1,683
Mar 2008	185	241	101.90	9.66	$21,181
Feb 2008	186	171	92.53	8.77	$18,710
Jan 2008	386	225	90.38	8.21	$36,733
Dec 2007	0	129	88.33	7.30	$942
Nov 2007	196	208	91.67	7.29	$19,484
Oct 2007	189	243	82.85	6.92	$17,341
Sep 2007	184	390	75.84	6.24	$16,390
Aug 2007	190	256	69.06	6.39	$14,757
Jul 2007	192	395	70.90	6.39	$16,136
Jun 2007	370	283	62.00	7.55	$25,076
May 2007	195	299	58.74	7.85	$13,800
Apr 2007	280	397	59.61	7.81	$19,789
Mar 2007	189	359	56.92	7.30	$13,379
Feb 2007	193	161	55.10	8.22	$11,957
Jan 2007	368	413	50.30	6.73	$21,289
Dec 2006	197	348	56.65	6.92	$13,568
Nov 2006	384	392	54.20	7.62	$23,799
Oct 2006	376	417	54.90	6.01	$23,150
Sep 2006	381	483	60.08	5.04	$25,323
Aug 2006	569	552	68.71	7.34	$43,148
Jul 2006	384	395	69.37	6.34	$29,143
Jun 2006	377	532	66.28	6.38	$28,384
May 2006	379	536	66.01	6.42	$28,462
Apr 2006	562	489	64.39	7.36	$39,786
Mar 2006	375	108	56.70	7.08	$22,027
Feb 2006	377	98	57.59	7.75	$22,471
Jan 2006	381	125	60.59	8.93	$24,201
Dec 2005	194	118	54.94	13.42	$12,241
Nov 2005	383	169	54.69	10.59	$22,736
Oct 2005	382	197	58.34	13.80	$25,004
Sep 2005	189	260	61.45	12.08	$14,755
Aug 2005	188	130	61.51	9.80	$12,837
Jul 2005	0	5	55.69	7.84	$39
Jun 2005	0	164	52.33	7.38	$1,210
May 2005	191	148	45.22	6.65	$9,621
Apr 2005	183	219	49.20	7.36	$10,616
Mar 2005	185	166	50.37	7.15	$10,506
Feb 2005	183	223	45.22	6.31	$9,683
Jan 2005	0	296	43.16	6.32	$1,871
Dec 2004	201	197	39.86	6.75	$9,342
Nov 2004	153	153	45.28	6.33	$7,896
Oct 2004	201	281	49.70	6.52	$11,820
Sep 2004	193	250	43.24	5.28	$9,666
Aug 2004	368	267	42.37	5.55	$17,074
Jul 2004	194	255	38.28	6.08	$8,978
Jun 2004	302	302	36.10	6.43	$12,845
May 2004	188	282	37.48	6.49	$8,878
Apr 2004	203	168	34.47	5.86	$7,982
Mar 2004	195	184	34.36	5.53	$7,718
Feb 2004	182	158	32.45	5.51	$6,776
Jan 2004	188	372	32.03	6.30	$8,365
Dec 2003	0	20	30.26	6.30	$126
Nov 2003	377	358	28.80	4.60	$12,503
Oct 2003	191	234	28.17	4.76	$6,494
Sep 2003	0	234	26.31	4.75	$1,111
Aug 2003	185	187	29.76	5.13	$6,465
Jul 2003	191	424	29.41	5.17	$7,810
Jun 2003	186	113	28.56	5.98	$5,988
May 2003	557	403	26.59	5.97	$17,218
Apr 2003	0	188	26.67	5.41	$1,017
Mar 2003	180	329	31.14	6.10	$7,611
Feb 2003	181	302	33.48	7.93	$8,454
Jan 2003	180	184	30.31	5.58	$6,483
Dec 2002	357	28	26.91	4.85	$9,743
Nov 2002	0	146	24.66	4.14	$604
Oct 2002	351	189	26.46	4.23	$10,087
Sep 2002	182	343	27.44	3.64	$6,241
Aug 2002	181	315	25.96	3.16	$5,695
Jul 2002	180	367	24.58	3.06	$5,548
Jun 2002	179	98	23.73	3.34	$4,575
May 2002	361	231	24.66	3.58	$9,730
Apr 2002	181	153	23.65	3.51	$4,818
Mar 2002	179	301	22.00	3.10	$4,872
Feb 2002	180	301	18.22	2.38	$3,995
Jan 2002	181	381	17.17	2.38	$4,013
Dec 2001	183	326	16.93	2.36	$3,869
Nov 2001	361	344	18.07	2.41	$7,351
Oct 2001	362	409	19.78	2.53	$8,195
Sep 2001	181	170	24.26	2.25	$4,774
Aug 2001	179	268	24.87	3.05	$5,270
Jul 2001	352	359	23.93	3.20	$9,571
Jun 2001	180	12	24.56	3.82	$4,467
May 2001	362	375	25.52	4.31	$10,853
Apr 2001	180	374	24.68	5.34	$6,438
Mar 2001	362	254	24.54	5.38	$10,249
Feb 2001	0	74	27.75	5.77	$427
Jan 2001	183	145	27.47	8.40	$6,245
Dec 2000	730	402	26.88	9.12	$23,290
Nov 2000	360	750	32.21	5.66	$15,839
Oct 2000	360	599	31.23	5.15	$14,325
Sep 2000	364	573	31.87	5.19	$14,573
Aug 2000	537	555	29.64	4.54	$18,437
Jul 2000	709	924	28.53	4.09	$24,007
Jun 2000	336	970	29.30	4.40	$14,110
May 2000	179	4	27.26	3.68	$4,894
Apr 2000	184	1	24.51	3.12	$4,513
Mar 2000	184	181	28.42	2.86	$5,747
Feb 2000	547	92	27.62	2.73	$15,359
Jan 2000	184	773	25.27	2.48	$6,567
Dec 1999	367	67	24.28	2.42	$9,073
Nov 1999	0	48	23.19	2.43	$117
Oct 1999	186	107	20.98	2.80	$4,202
Sep 1999	353	485	21.75	2.62	$8,948
Aug 1999	0	81	19.26	2.88	$233
Jul 1999	381	47	17.89	2.37	$6,928
Jun 1999	180	40	15.94	2.36	$2,964
May 1999	354	408	15.79	2.32	$6,537
Apr 1999	0	31	15.10	2.21	$68
Mar 1999	360	420	12.47	1.84	$5,261
Feb 1999	180	37	9.98	1.82	$1,864
Jan 1999	361	461	10.38	1.90	$4,623
Dec 1998	361	265	9.20	1.77	$3,791
Nov 1998	360	193	10.89	2.19	$4,342
Oct 1998	0	148	12.42	1.97	$291
Sep 1998	355	191	12.59	2.08	$4,867
Aug 1998	179	12	11.30	1.91	$2,046
Jul 1998	352	0	11.74	2.24	$4,132
Jun 1998	362	0	11.24	2.24	$4,069
May 1998	358	121	12.62	2.21	$4,785
Apr 1998	0	147	13.04	2.51	$368
Mar 1998	363	321	12.80	2.31	$5,388
Feb 1998	360	198	13.95	2.30	$5,477
Jan 1998	0	74	14.70	2.15	$159
Dec 1997	368	259	16.32	2.41	$6,630
Nov 1997	345	151	18.19	3.09	$6,742
Oct 1997	361	169	19.25	3.15	$7,482
Sep 1997	363	203	17.74	2.95	$7,039
Aug 1997	358	278	17.86	2.55	$7,104
Jul 1997	349	8	17.58	2.25	$6,153
Jun 1997	366	200	17.24	2.26	$6,761
May 1997	357	276	18.97	2.31	$7,409
Apr 1997	357	297	17.88	2.08	$7,002
Mar 1997	360	224	18.95	1.94	$7,256
Feb 1997	363	264	20.49	2.21	$8,020
Jan 1997	540	242	23.48	3.54	$13,536
Dec 1996	361	220	23.32	—	$8,419
Nov 1996	368	107	21.97	—	$8,085
Oct 1996	361	328	23.31	—	$8,415
Sep 1996	724	351	22.22	—	$16,087
Aug 1996	358	283	20.26	—	$7,253
Jul 1996	355	226	19.55	—	$6,940
Jun 1996	361	279	18.73	—	$6,762
May 1996	542	247	19.43	—	$10,531
Apr 1996	360	456	21.51	—	$7,744
Mar 1996	353	236	19.38	—	$6,841
Feb 1996	723	433	16.98	—	$12,277
Jan 1996	365	225	17.07	—	$6,231
Dec 1995	727	408	17.19	—	$12,497
Nov 1995	725	402	16.00	—	$11,600
Oct 1995	359	293	15.43	—	$5,539
Sep 1995	709	519	16.18	—	$11,472
Aug 1995	358	463	15.92	—	$5,699
Jul 1995	676	459	15.24	—	$10,302
Jun 1995	716	276	16.41	—	$11,750
May 1995	887	457	17.56	—	$15,576
Apr 1995	539	468	17.73	—	$9,556
Mar 1995	1,268	823	16.44	—	$20,846
Feb 1995	1,390	947	16.58	—	$23,046
Jan 1995	2,043	913	15.92	—	$32,525
Dec 1994	1,120	295	15.03	—	$16,834
Nov 1994	914	184	15.90	—	$14,533
Oct 1994	350	121	15.58	—	$5,453
Sep 1994	113	9	15.29	—	$1,728
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	75	0	12.46	—	$935
Feb 1994	0	8	12.50	—	$0
Jan 1994	0	4	12.66	—	$0
Dec 1993	0	8	12.33	—	$0
Nov 1993	23	56	14.49	—	$333
Oct 1993	140	88	15.85	—	$2,219
Sep 1993	18	101	15.03	—	$271
Aug 1993	182	68	15.66	—	$2,850
Jul 1993	3	27	15.46	—	$46
Jun 1993	136	136	16.79	—	$2,283
May 1993	198	157	17.68	—	$3,501
Apr 1993	0	144	18.05	—	$0
Mar 1993	175	36	18.14	—	$3,175
Feb 1993	182	2	17.90	—	$3,258
Jan 1993	180	91	16.93	—	$3,047

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.

May 2017 — as filed, then multipliedworked

Oil                   36 bbl  × $ 45.37 =     $1,633
Casinghead gas         0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                   $1,633

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/20650 is the state's own key, not one this site invented.