ISELT UNIT

Operated by BROWNING OIL COMPANY, INC. (P-5 103088) 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 21369District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$80 k
Jan 1993 – Nov 1998
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
71
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
OilDisposition4,885 bbl$79,372
Casinghead gasProduction2,327 Mcf$1,081
Total$80,452

1,889 Mcf of this lease's gas, across 47 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 30.2031, -96.9532. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.20311, -96.95322 · 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
8,038 ft
1 wells filed one
Completion to plug
6.7 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 8,038 ft.

Completions filed
Jan 1992
1 of 1 wells
Plug dates filed
Sep 1998
1 of 1 wells

Last completion to plug: a median of 6.7 years across the 1 well that filed both dates, with the middle half between 6.7 years and 6.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2873019618,038 ftJan 1992Sep 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 (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 19980010.892.19$0
Oct 19980012.421.97$0
Sep 199840012.592.08$504
Aug 199835011.301.91$396
Jul 199802411.742.24$54
Jun 19981782711.242.24$2,061
May 199802412.622.21$53
Apr 199802713.042.51$68
Mar 199803012.802.31$69
Feb 199802413.952.30$55
Jan 199803014.702.15$65
Dec 19970316.322.41$7
Nov 199702118.193.09$65
Oct 19971752419.253.15$3,444
Sep 19970917.742.95$27
Aug 199762117.862.55$161
Jul 199701217.582.25$27
Jun 199702717.242.26$61
May 199703318.972.31$76
Apr 199703317.882.08$69
Mar 19971773018.951.94$3,412
Feb 19970020.492.21$0
Jan 199713923.483.54$162
Dec 19961813623.32$4,221
Nov 199603021.97$0
Oct 199604223.31$0
Sep 199601822.22$0
Aug 19961713020.26$3,464
Jul 19961783619.55$3,480
Jun 199611518.73$19
May 199612419.43$19
Apr 199602721.51$0
Mar 19961871819.38$3,624
Feb 199613016.98$17
Jan 19961832417.07$3,124
Dec 19951821817.19$3,129
Nov 199512416.00$16
Oct 199502115.43$0
Sep 199511816.18$16
Aug 19951823915.92$2,897
Jul 199513315.24$15
Jun 199513416.41$16
May 199513917.56$18
Apr 19951815017.73$3,209
Mar 19950016.44$0
Feb 199502116.58$0
Jan 199503915.92$0
Dec 19941874215.03$2,811
Nov 199414215.90$16
Oct 19941704215.58$2,649
Sep 199415715.29$15
Aug 199417516.13$16
Jul 19943529317.56$6,181
Jun 19941798517.09$3,059
May 199403615.88$0
Apr 1994867214.14$1,216
Mar 19942756312.46$3,427
Feb 19941652412.50$2,063
Jan 19945137112.66$6,495
Dec 1993552012.33$678
Nov 19931713314.49$2,478
Oct 199312615.85$16
Sep 199301815.03$0
Aug 19937011315.66$1,096
Jul 199313010915.46$2,010
Jun 199315016.79$17
May 19931294517.68$2,281
Apr 199302018.05$0
Mar 1993952618.14$1,723
Feb 1993612417.90$1,092
Jan 19931773716.93$2,997

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                   40 bbl  × $ 12.59 =       $504
Casinghead gas         0 Mcf  × $  2.08 =         $0

────────────────────────────────────────────────────
Month total                                     $504

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/21369 is the state's own key, not one this site invented.