HORTON UNIT

Operated by PATTERSON PETROLEUM, INC. (P-5 643392) 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 21429District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$230 k
Jan 1993 – Feb 1997
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
50
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
OilDisposition14,184 bbl$229,794
Casinghead gasProduction104,695 Mcf$0
Total$229,794

104,695 Mcf of this lease's gas, across 38 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 30.6464, -96.2555. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.64638, -96.25555 · 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
13,275 ft
1 wells filed one
Completion to plug
4.7 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 13,275 ft.

Completions filed
Apr 1992
1 of 1 wells
Plug dates filed
Dec 1996
1 of 1 wells

Last completion to plug: a median of 4.7 years across the 1 well that filed both dates, with the middle half between 4.7 years and 4.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04131520113,275 ftApr 1992Dec 1996Yes

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 (50)

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

50 months

Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 199635023.32$816
Nov 19960021.97$0
Oct 1996111023.31$2,587
Sep 19961022.22$22
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 199624819.43$466
Apr 199610021.51$215
Mar 19968019.38$155
Feb 19961911,17716.98$3,243
Jan 19961941,88717.07$3,312
Dec 199518332117.19$3,146
Nov 199551,08316.00$80
Oct 19955522,98915.43$8,517
Sep 199516743516.18$2,702
Aug 19950015.92$0
Jul 1995113715.24$15
Jun 19953651,61216.41$5,990
May 19951962,87417.56$3,442
Apr 19953752,72117.73$6,649
Mar 19955504,09516.44$9,042
Feb 1995111,06316.58$182
Jan 199529725915.92$4,728
Dec 199441,38715.03$60
Nov 19943862,88415.90$6,137
Oct 19943744,24315.58$5,827
Sep 19943492,68415.29$5,336
Aug 19943852,03916.13$6,210
Jul 19943663,30817.56$6,427
Jun 19943732,80417.09$6,375
May 19943814,09715.88$6,050
Apr 19941961,93914.14$2,771
Mar 19943752,11112.46$4,673
Feb 19944074,17112.50$5,088
Jan 19943783,41512.66$4,785
Dec 19935485,02012.33$6,757
Nov 19933694,39414.49$5,347
Oct 19935583,45515.85$8,844
Sep 19933601,11015.03$5,411
Aug 199318489215.66$2,881
Jul 19933617,56815.46$5,581
Jun 19933728,53316.79$6,246
May 19937196,89417.68$12,712
Apr 199391041318.05$16,426
Mar 19933582,31618.14$6,494
Feb 19939124,44217.90$16,325
Jan 19931,2833,91516.93$21,721

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.

Dec 1996 — as filed, then multipliedworked
Oil                   35 bbl  × $ 23.32 =       $816
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $816

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/21429 is the state's own key, not one this site invented.