MORGAN, CLAY

Operated by REDBUD E & P, INC. (P-5 696678) 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 21375District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$5.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
401
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
OilDisposition186,873 bbl$4,335,389
Casinghead gasProduction1,095,782 Mcf$1,575,151
Total$5,910,540

692,084 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 29.9413, -96.9359. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94128, -96.93585 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,056 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 13,056 ft.

Completions filed
Oct 1991
1 of 1 wells

1 well

42-14932480113,056 ftOct 1991

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 (401)

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

401 months

May 20261192106.413.05$691
Apr 2026017298.932.87$494
Mar 202614221189.753.15$13,409
Feb 2026022563.503.75$844
Jan 2026220559.138.00$1,758
Dec 202512114556.664.41$7,496
Nov 20250758.593.93$27
Oct 202517727159.383.30$11,406
Sep 2025013762.743.08$422
Aug 2025120763.933.01$688
Jul 2025119466.743.32$710
Jun 2025221766.483.13$812
May 202517923660.553.23$11,601
Apr 2025122162.363.54$845
Mar 202517827467.704.27$13,220
Feb 2025140970.884.34$1,846
Jan 20250074.324.28$0
Dec 2024010068.993.12$312
Nov 2024020569.052.20$451
Oct 2024025971.372.28$591
Sep 2024023969.612.36$565
Aug 2024237275.632.06$919
Jul 202418118379.932.15$14,860
Jun 2024029378.082.63$772
May 202408478.812.20$185
Apr 202402384.451.66$38
Mar 2024014680.301.55$226
Feb 202417120376.091.78$13,373
Jan 2024419373.023.30$929
Dec 2023026171.262.61$681
Nov 2023126677.892.81$825
Oct 2023123385.443.09$805
Sep 202318225589.042.74$16,903
Aug 2023018680.522.67$497
Jul 2023023674.852.64$623
Jun 202318147168.962.26$13,546
May 2023015370.622.23$341
Apr 2023015278.122.24$340
Mar 2023022172.852.39$529
Feb 2023020875.112.47$513
Jan 202317024876.533.39$13,850
Dec 2022119576.415.73$1,194
Nov 2022017485.005.65$982
Oct 2022025987.185.86$1,519
Sep 202217027984.888.16$16,707
Aug 2022020994.529.13$1,908
Jul 20220218101.587.54$1,644
Jun 20221146115.097.98$1,280
May 20220121109.378.43$1,020
Apr 2022173115104.226.84$18,816
Mar 20220134108.885.08$680
Feb 2022021291.054.86$1,030
Jan 2022022581.844.54$1,021
Dec 2021023471.323.90$912
Nov 2021021277.435.24$1,110
Oct 202118119279.795.71$15,539
Sep 2021024969.865.35$1,332
Aug 2021021766.024.22$916
Jul 2021023970.783.98$952
Jun 2021022469.493.38$757
May 2021023763.483.02$715
Apr 202116917260.362.76$10,675
Mar 2021021961.302.72$595
Feb 2021018457.805.55$1,021
Jan 202116924750.412.81$9,213
Dec 2020134544.642.68$968
Nov 2020011738.772.71$317
Oct 2020010736.972.48$265
Sep 202008237.091.99$163
Aug 2020010839.982.39$258
Jul 202009338.371.83$170
Jun 20201687734.901.69$5,993
May 202005916.921.81$107
Apr 2020010814.751.80$195
Mar 2020016930.341.86$314
Feb 2020017749.881.98$351
Jan 202017839657.252.09$11,020
Dec 20193471,41359.012.30$23,733
Nov 2019018255.302.75$501
Oct 2019020553.472.42$496
Sep 2019013055.052.66$345
Aug 201916912253.112.30$9,257
Jul 201907456.272.46$182
Jun 20196811152.782.49$3,866
May 201905258.482.74$143
Apr 20191761,06062.632.75$13,939
Mar 2019016156.803.06$493
Feb 2019111850.852.79$380
Jan 2019013046.033.23$420
Dec 201817615946.594.19$8,865
Nov 201808252.934.24$347
Oct 2018011961.443.40$404
Sep 201817613559.543.11$10,899
Aug 2018363559.403.07$2,125
Jul 2018011265.142.93$328
Jun 201819060.183.08$337
May 201809365.382.90$270
Apr 201807463.842.90$215
Mar 201807861.222.79$217
Feb 201808061.782.77$221
Jan 20181808962.874.01$11,673
Dec 201703257.272.92$93
Nov 2017018855.423.12$586
Oct 20170049.292.98$0
Sep 201704747.523.09$145
Aug 201717638945.373.00$9,154
Jul 2017026943.873.09$830
Jun 2017035042.493.09$1,081
May 2017023045.373.26$751
Apr 201718833747.933.21$10,093
Mar 2017040546.772.98$1,208
Feb 201718332150.452.95$10,180
Jan 2017040449.413.42$1,381
Dec 2016025548.763.72$949
Nov 201618160342.492.64$9,285
Oct 2016024846.193.09$766
Sep 2016023241.553.10$719
Aug 2016023541.442.92$687
Jul 2016015141.622.92$442
Jun 201618731045.352.69$9,313
May 2016044742.521.99$890
Apr 201618462636.561.99$7,973
Mar 2016035133.011.79$630
Feb 2016053726.472.06$1,108
Jan 201619546327.352.36$6,428
Dec 201518955132.362.00$7,219
Nov 2015065938.792.17$1,428
Oct 201517742843.552.43$8,747
Sep 2015071842.992.76$1,981
Aug 20150440.162.87$11
Jul 2015027848.152.95$819
Jun 201518646756.152.88$11,790
May 2015037155.212.96$1,096
Apr 201518539149.822.71$10,275
Mar 2015044242.892.93$1,297
Feb 2015028044.662.98$833
Jan 2015036143.433.10$1,119
Dec 201419561054.693.59$12,855
Nov 2014029370.464.25$1,246
Oct 2014037178.303.90$1,447
Sep 2014029586.164.05$1,193
Aug 201418537689.394.04$18,054
Jul 2014028496.564.18$1,187
Jun 2014052198.164.74$2,468
May 201418930394.734.73$19,336
Apr 2014051995.944.81$2,496
Mar 201418050695.895.06$19,819
Feb 2014020197.406.19$1,245
Jan 201418841290.404.86$18,998
Dec 2013047491.824.35$2,064
Nov 2013040388.853.74$1,507
Oct 201318035797.423.78$18,885
Sep 20130685104.113.72$2,547
Aug 2013193345104.253.52$21,336
Jul 20130449102.523.72$1,669
Jun 2013058894.403.93$2,313
May 20131921,46694.834.15$24,290
Apr 201318514593.964.28$18,004
Mar 20131881,39493.623.91$23,055
Feb 201319130391.233.42$18,461
Jan 2013018391.603.42$626
Dec 2012018886.773.42$643
Nov 2012019086.953.62$689
Oct 2012017089.383.40$578
Sep 20123791,43894.672.92$40,077
Aug 2012042492.662.91$1,233
Jul 201218452385.133.02$17,244
Jun 2012046979.822.52$1,181
May 2012046691.612.49$1,160
Apr 20120427101.652.00$853
Mar 2012187410105.052.22$20,555
Feb 20120367101.102.57$943
Jan 201218252298.092.73$19,280
Dec 2011043796.873.24$1,416
Nov 201119341495.723.31$19,845
Oct 2011038184.983.65$1,390
Sep 2011039183.623.99$1,558
Aug 2011040983.404.15$1,697
Jul 201118837794.144.52$19,401
Jun 2011038192.904.64$1,768
May 2011532298.134.40$1,909
Apr 20110233105.964.33$1,010
Mar 2011016396.364.06$661
Feb 201119423385.644.18$17,588
Jan 201108686.504.59$395
Dec 2010023785.734.35$1,030
Nov 2010072080.843.80$2,733
Oct 201019039278.103.51$16,214
Sep 2010045472.633.98$1,807
Aug 201018565073.684.42$16,503
Jul 2010046572.554.74$2,202
Jun 201018765070.364.91$16,349
May 2010067071.124.24$2,838
Apr 201019548681.694.12$17,933
Mar 2010047778.394.39$2,093
Feb 20101931,00773.585.44$19,681
Jan 2010085174.365.96$5,075
Dec 200919259771.445.48$16,990
Nov 200919098974.593.75$17,882
Oct 200918960172.544.11$16,180
Sep 2009043565.543.06$1,333
Aug 200918935767.423.22$13,891
Jul 2009051461.133.46$1,781
Jun 200919383366.163.90$16,013
May 2009060154.743.93$2,359
Apr 200919660046.773.59$11,319
Mar 2009058342.144.06$2,366
Feb 20093901,31632.814.63$18,893
Jan 200901,37635.865.37$7,391
Dec 200819693137.105.98$12,836
Nov 2008063955.496.86$4,384
Oct 200819189975.246.92$20,594
Sep 20080467101.767.88$3,679
Aug 2008194616114.228.48$27,384
Jul 20080625131.0811.39$7,118
Jun 20081961,083131.3313.03$39,855
May 20080117123.1711.57$1,354
Apr 2008196711110.3110.45$29,054
Mar 20080758101.909.66$7,325
Feb 20081961,38692.538.77$30,292
Jan 20081981,01790.388.21$26,240
Dec 20071961,16788.337.30$25,834
Nov 2007061591.677.29$4,484
Oct 20073791,66382.856.92$42,911
Sep 200719258575.846.24$18,214
Aug 20071921,23369.066.39$21,136
Jul 2007063670.906.39$4,063
Jun 200717357162.007.55$15,036
May 200719683658.747.85$18,073
Apr 200719478259.617.81$17,668
Mar 200719954656.927.30$15,314
Feb 200701,03355.108.22$8,487
Jan 200719659450.306.73$13,855
Dec 20061881,11356.656.92$18,350
Nov 200618465354.207.62$14,947
Oct 2006093054.906.01$5,593
Sep 20061811,12260.085.04$16,526
Aug 200618591168.717.34$19,398
Jul 200618269769.376.34$17,046
Jun 2006184266.286.38$5,442
May 200618197966.016.42$18,238
Apr 200618292464.397.36$18,520
Mar 20061821,09156.707.08$18,047
Feb 200611,09157.597.75$8,514
Jan 20063501,21360.598.93$32,043
Dec 20051701,11854.9413.42$24,338
Nov 20051861,03854.6910.59$21,163
Oct 20051661,19958.3413.80$26,226
Sep 20051831,12661.4512.08$24,846
Aug 20051631,03461.519.80$20,156
Jul 20051821,13555.697.84$19,038
Jun 20051521,05652.337.38$15,749
May 20051781,15645.226.65$15,738
Apr 20051771,06149.207.36$16,518
Mar 20051821,40950.377.15$19,249
Feb 200516894245.226.31$13,543
Jan 20051881,19943.166.32$15,694
Dec 20043591,39539.866.75$23,728
Nov 20041131,07245.286.33$11,903
Oct 20043651,22549.706.52$26,122
Sep 20041811,25443.245.28$14,452
Aug 200416495942.375.55$12,272
Jul 20041831,34838.286.08$15,207
Jun 20043611,45536.106.43$22,392
May 2004080737.486.49$5,241
Apr 20043521,30734.475.86$19,790
Mar 20041811,43134.365.53$14,133
Feb 20043571,16232.455.51$17,987
Jan 20043651,69232.036.30$22,350
Dec 20031851,29530.266.30$13,759
Nov 20031851,39728.804.60$11,747
Oct 20031741,59128.174.76$12,474
Sep 20033391,24326.314.75$14,823
Aug 20031851,63629.765.13$13,898
Jul 20031851,67929.415.17$14,123
Jun 20033681,48228.565.98$19,377
May 20031771,67926.595.97$14,735
Apr 20031831,67826.675.41$13,954
Mar 20033691,61231.146.10$21,317
Feb 20031841,69733.487.93$19,611
Jan 20033721,70130.315.58$20,770
Dec 20021811,58026.914.85$12,540
Nov 20021871,47924.664.14$10,730
Oct 20021811,56726.464.23$11,416
Sep 20023481,95227.443.64$16,645
Aug 20021781,90525.963.16$10,649
Jul 20023752,18924.583.06$15,920
Jun 20023572,04723.733.34$15,305
May 20023712,24924.663.58$17,209
Apr 20023651,77523.653.51$14,867
Mar 20021791,62022.003.10$8,964
Feb 20023581,94118.222.38$11,134
Jan 20023611,91617.172.38$10,750
Dec 20013692,16016.932.36$11,354
Nov 20015492,38618.072.41$15,660
Oct 20013552,13419.782.53$12,419
Sep 20013492,30424.262.25$13,654
Aug 20015372,33824.873.05$20,493
Jul 20013563,35323.933.20$19,239
Jun 20013551,45224.563.82$14,271
May 20013663,16725.524.31$22,982
Apr 20011811,74224.685.34$13,761
Mar 20015423,48424.545.38$32,032
Feb 20013593,57927.755.77$30,603
Jan 20011,0934,38127.478.40$66,820
Dec 20003682,71726.889.12$34,678
Nov 20005463,00832.215.66$34,606
Oct 20003642,84831.235.15$26,022
Sep 20003592,90931.875.19$26,529
Aug 20007083,28329.644.54$35,892
Jul 20003552,88328.534.09$21,919
Jun 20005423,42229.304.40$30,928
May 20005403,16227.263.68$26,356
Apr 20003603,24924.513.12$18,947
Mar 20005503,10428.422.86$24,508
Feb 20003663,03527.622.73$18,384
Jan 200036283725.272.48$11,224
Dec 19997233,26424.282.42$25,465
Nov 19991883,23723.192.43$12,239
Oct 19993702,91520.982.80$15,935
Sep 19997053,42121.752.62$24,293
Aug 19993563,55219.262.88$17,071
Jul 19997133,78417.892.37$21,733
Jun 19993553,78515.942.36$14,599
May 19997074,03815.792.32$20,536
Apr 19993563,58815.102.21$13,298
Mar 19993573,73712.471.84$11,322
Feb 19999024,0749.981.82$16,408
Jan 19993584,00710.381.90$11,329
Dec 19989064,2849.201.77$15,932
Nov 19985414,62710.892.19$16,005
Oct 19985455,09212.421.97$16,796
Sep 19988894,75112.592.08$21,087
Aug 19988875,56411.301.91$20,636
Jul 19983553,23211.742.24$11,399
Jun 19981,0625,41911.242.24$24,061
May 19987153,66712.622.21$17,114
Apr 19983594,34513.042.51$15,567
Mar 19987204,49712.802.31$19,602
Feb 19989024,06413.952.30$21,927
Jan 19987214,77314.702.15$20,884
Dec 19975434,97216.322.41$20,850
Nov 19977284,82318.193.09$28,137
Oct 19977235,36519.253.15$30,817
Sep 19971,0715,26617.742.95$34,560
Aug 19977135,65317.862.55$27,176
Jul 19975485,93517.582.25$22,969
Jun 19971,0595,46117.242.26$30,584
May 19977196,02918.972.31$27,557
Apr 19978835,52417.882.08$27,293
Mar 19975436,05718.951.94$22,035
Feb 19979136,36420.492.21$32,746
Jan 19979277,11623.483.54$46,954
Dec 19969227,40323.32$21,501
Nov 19961,0837,88721.97$23,794
Oct 19969008,84923.31$20,979
Sep 19961,0818,75622.22$24,020
Aug 19969068,14120.26$18,356
Jul 19961,2789,75219.55$24,985
Jun 19961,0669,88318.73$19,966
May 199691511,24819.43$17,778
Apr 19961,44311,49221.51$31,039
Mar 19961,08413,06719.38$21,008
Feb 19961,81813,67716.98$30,870
Jan 19962,20316,67817.07$37,605
Dec 19952,56715,17117.19$44,127
Nov 19952,52413,33716.00$40,384
Oct 19952,1669,62315.43$33,421
Sep 19958994,65116.18$14,546
Aug 19951,2826,66515.92$20,409
Jul 19951,9526,58615.24$29,748
Jun 19951,7826,65316.41$29,243
May 19951,4746,89617.56$25,883
Apr 19951,1184,90917.73$19,822
Mar 19958935,38116.44$14,681
Feb 19951,2905,93916.58$21,388
Jan 19951,4527,36515.92$23,116
Dec 19941,4578,11915.03$21,899
Nov 19941,6188,29115.90$25,726
Oct 19941,2567,81015.58$19,568
Sep 19941,61210,09915.29$24,647
Aug 19942,14712,41916.13$34,631
Jul 19941,95913,06017.56$34,400
Jun 19941,79112,62317.09$30,608
May 19942,51512,62915.88$39,938
Apr 19941,44111,74414.14$20,376
Mar 19942,00714,19812.46$25,007
Feb 19942,34113,64212.50$29,263
Jan 19943,25816,92112.66$41,246
Dec 19933,60418,56612.33$44,437
Nov 19933,24319,06514.49$46,991
Oct 19933,56820,12015.85$56,553
Sep 19933,54321,08115.03$53,251
Aug 19934,43822,49915.66$69,499
Jul 19934,61124,71815.46$71,286
Jun 19934,97126,06716.79$83,463
May 19936,05628,42817.68$107,070
Apr 19936,08331,11518.05$109,798
Mar 19937,33734,22018.14$133,093
Feb 19938,08736,99917.90$144,757
Jan 199310,11047,64216.93$171,162

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 2026 — as filed, then multipliedworked
Oil                    1 bbl  × $106.41 =       $106
Casinghead gas       192 Mcf  × $  3.05 =       $585

────────────────────────────────────────────────────
Month total                                     $691

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/21375 is the state's own key, not one this site invented.