KERN TRUST

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 21451District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$2.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$5 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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition42,764 bbl$1,029,699
Casinghead gasProduction1,136,745 Mcf$1,893,015
Total$2,922,714

690,370 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 29.9440, -96.8855. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94399, -96.88550 · 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
10,544 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 10,544 ft.

Completions filed
Feb 1992
1 of 1 wells

1 well

42-149325561 H10,544 ftFeb 1992

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202544066.743.32$2,937
Jun 202534066.483.13$2,260
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20231085.443.09$85
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023177078.122.24$13,827
Mar 20230172.852.39$2
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20221076.415.73$76
Nov 20220285.005.65$11
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220194.529.13$9
Jul 202201101.587.54$8
Jun 202200115.097.98$0
May 202201109.378.43$8
Apr 2022012104.226.84$82
Mar 202200108.885.08$0
Feb 202202691.054.86$126
Jan 202202381.844.54$104
Dec 202105971.323.90$230
Nov 202101077.435.24$52
Oct 2021011079.795.71$629
Sep 202106369.865.35$337
Aug 2021024266.024.22$1,021
Jul 2021017670.783.98$701
Jun 2021034769.493.38$1,173
May 2021027863.483.02$839
Apr 2021023160.362.76$637
Mar 2021030361.302.72$823
Feb 2021030857.805.55$1,709
Jan 2021031250.412.81$877
Dec 202017210144.642.68$7,948
Nov 2020033538.772.71$907
Oct 2020022036.972.48$545
Sep 20200037.091.99$0
Aug 2020030239.982.39$720
Jul 2020018238.371.83$332
Jun 2020028234.901.69$477
May 2020023216.921.81$421
Apr 2020025014.751.80$451
Mar 2020016930.341.86$314
Feb 202009549.881.98$188
Jan 2020024557.252.09$513
Dec 201904059.012.30$92
Nov 2019015455.302.75$424
Oct 2019020553.472.42$496
Sep 2019025055.052.66$664
Aug 2019033853.112.30$779
Jul 2019140556.272.46$1,053
Jun 2019059752.782.49$1,487
May 201918525958.482.74$11,529
Apr 2019037462.632.75$1,029
Mar 201904756.803.06$144
Feb 201913050.852.79$135
Jan 2019120846.033.23$717
Dec 2018023346.594.19$975
Nov 2018020852.934.24$881
Oct 201801161.443.40$37
Sep 2018016359.543.11$507
Aug 2018032859.403.07$1,006
Jul 2018017265.142.93$504
Jun 2018118960.183.08$642
May 2018036665.382.90$1,062
Apr 2018013563.842.90$392
Mar 2018115561.222.79$493
Feb 20180261.782.77$6
Jan 2018163362.874.01$10,260
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017054649.292.98$1,629
Sep 2017074147.523.09$2,288
Aug 2017043245.373.00$1,298
Jul 2017028243.873.09$871
Jun 2017052642.493.09$1,624
May 2017043245.373.26$1,410
Apr 2017045747.933.21$1,468
Mar 2017049946.772.98$1,489
Feb 201719320250.452.95$10,333
Jan 2017049549.413.42$1,692
Dec 2016049948.763.72$1,858
Nov 2016046142.492.64$1,219
Oct 2016052146.193.09$1,610
Sep 2016045541.553.10$1,411
Aug 2016032041.442.92$936
Jul 2016054741.622.92$1,600
Jun 2016053545.352.69$1,437
May 2016041942.521.99$834
Apr 2016052636.561.99$1,047
Mar 2016042133.011.79$755
Feb 2016057326.472.06$1,182
Jan 201619656427.352.36$6,694
Dec 2015035832.362.00$717
Nov 2015047738.792.17$1,034
Oct 2015040143.552.43$973
Sep 2015053842.992.76$1,484
Aug 2015060540.162.87$1,738
Jul 2015051748.152.95$1,523
Jun 2015047356.152.88$1,364
May 2015044055.212.96$1,300
Apr 2015045949.822.71$1,242
Mar 2015063042.892.93$1,849
Feb 2015051244.662.98$1,524
Jan 201518568943.433.10$10,171
Dec 201401,13154.693.59$4,062
Nov 20140570.464.25$21
Oct 2014031678.303.90$1,233
Sep 2014022886.164.05$922
Aug 201402689.394.04$105
Jul 2014012896.564.18$535
Jun 201404598.164.74$213
May 2014036094.734.73$1,702
Apr 2014041095.944.81$1,972
Mar 2014049595.895.06$2,503
Feb 2014051297.406.19$3,170
Jan 2014062790.404.86$3,048
Dec 2013023591.824.35$1,023
Nov 201318345088.853.74$17,942
Oct 2013044397.423.78$1,674
Sep 20130569104.113.72$2,115
Aug 20130795104.253.52$2,800
Jul 20130795102.523.72$2,956
Jun 2013079594.403.93$3,127
May 2013079594.834.15$3,299
Apr 2013079593.964.28$3,405
Mar 2013079093.623.91$3,091
Feb 201318871691.233.42$19,600
Jan 2013078691.603.42$2,688
Dec 2012080786.773.42$2,760
Nov 2012079686.953.62$2,885
Oct 2012079689.383.40$2,706
Sep 2012034894.672.92$1,016
Aug 2012034892.662.91$1,012
Jul 201205785.133.02$172
Jun 201218044079.822.52$15,476
May 2012068091.612.49$1,692
Apr 20120646101.652.00$1,290
Mar 20120773105.052.22$1,718
Feb 20120715101.102.57$1,838
Jan 2012078598.092.73$2,146
Dec 2011083396.873.24$2,699
Nov 201118885995.723.31$20,840
Oct 2011085984.983.65$3,134
Sep 2011056583.623.99$2,252
Aug 2011087283.404.15$3,618
Jul 2011089194.144.52$4,025
Jun 2011086692.904.64$4,018
May 2011096798.134.40$4,259
Apr 20110967105.964.33$4,190
Mar 201119496796.364.06$22,617
Feb 2011096785.644.18$4,042
Jan 2011096786.504.59$4,437
Dec 2010097585.734.35$4,239
Nov 2010096880.843.80$3,674
Oct 2010099278.103.51$3,481
Sep 201019299272.633.98$17,893
Aug 201001,01373.684.42$4,477
Jul 2010095072.554.74$4,500
Jun 201001,14270.364.91$5,608
May 201001,60871.124.24$6,810
Apr 2010027281.694.12$1,121
Mar 201013257178.394.39$12,853
Feb 2010043873.585.44$2,384
Jan 2010049474.365.96$2,946
Dec 2009074871.445.48$4,102
Nov 200901,00474.593.75$3,767
Oct 20091871,00472.544.11$17,692
Sep 200901,00465.543.06$3,077
Aug 200901,04367.423.22$3,357
Jul 200901,06661.133.46$3,693
Jun 20091901,12266.163.90$16,941
May 200901,15154.743.93$4,519
Apr 200901,28946.773.59$4,624
Mar 2009087242.144.06$3,539
Feb 2009066532.814.63$3,081
Jan 2009073335.865.37$3,937
Dec 200819897537.105.98$13,174
Nov 2008037755.496.86$2,586
Oct 200801,15975.246.92$8,023
Sep 200801,230101.767.88$9,689
Aug 200801,146114.228.48$9,722
Jul 2008431,294131.0811.39$20,374
Jun 200801,243131.3313.03$16,200
May 20081941,510123.1711.57$41,372
Apr 200801,512110.3110.45$15,808
Mar 20080852101.909.66$8,234
Feb 2008077992.538.77$6,832
Jan 200819590790.388.21$25,067
Dec 2007046888.337.30$3,417
Nov 2007061291.677.29$4,463
Oct 2007078982.856.92$5,461
Sep 200701,78775.846.24$11,158
Aug 20070069.066.39$0
Jul 2007068970.906.39$4,401
Jun 200718266662.007.55$16,311
May 2007079158.747.85$6,206
Apr 2007067559.617.81$5,269
Mar 2007094756.927.30$6,915
Feb 20071961,23155.108.22$20,914
Jan 200701,40950.306.73$9,478
Dec 200601,52456.656.92$10,544
Nov 200601,60754.207.62$12,241
Oct 20061851,74054.906.01$20,621
Sep 200611,86860.085.04$9,470
Aug 200662,18768.717.34$16,465
Jul 20061741,07869.376.34$18,908
Jun 200601,53166.286.38$9,774
May 200611,84066.016.42$11,888
Apr 200601,51364.397.36$11,136
Mar 200612,18956.707.08$15,561
Feb 20061721,72657.597.75$23,284
Jan 200611,94960.598.93$17,472
Dec 200512,08654.9413.42$28,039
Nov 200541,94854.6910.59$20,845
Oct 20051521,18158.3413.80$25,160
Sep 200501,25961.4512.08$15,207
Aug 200503,09161.519.80$30,282
Jul 200501,42355.697.84$11,162
Jun 20051731,25252.337.38$18,294
May 200512,05245.226.65$13,693
Apr 200502,41449.207.36$17,768
Mar 20051843,01750.377.15$30,854
Feb 200512,42345.226.31$15,339
Jan 2005084543.166.32$5,342
Dec 200401,58739.866.75$10,714
Nov 200401,73845.286.33$11,002
Oct 20041682,68849.706.52$25,862
Sep 200402,00943.245.28$10,615
Aug 200402,56142.375.55$14,215
Jul 20041883,45738.286.08$28,230
Jun 200403,62836.106.43$23,339
May 20041683,29637.486.49$27,703
Apr 200401,53034.475.86$8,963
Mar 200411,41634.365.53$7,865
Feb 200401,17232.455.51$6,457
Jan 200418898932.036.30$12,252
Dec 2003077930.266.30$4,909
Nov 20031951,10128.804.60$10,675
Oct 2003060128.174.76$2,861
Sep 2003069726.314.75$3,310
Aug 20030029.765.13$0
Jul 2003060229.415.17$3,113
Jun 2003066328.565.98$3,967
May 200301,76426.595.97$10,536
Apr 200302,39226.675.41$12,934
Mar 200312,10631.146.10$12,869
Feb 200302,01833.487.93$15,994
Jan 200319466630.315.58$9,598
Dec 200203,34226.914.85$16,221
Nov 200201,59024.664.14$6,578
Oct 200201,57826.464.23$6,674
Sep 20021871,63527.443.64$11,075
Aug 200202,78925.963.16$8,825
Jul 200205,19524.583.06$15,906
Jun 20021884,42323.733.34$19,226
May 200202,73924.663.58$9,817
Apr 200202,30723.653.51$8,103
Mar 20021864,86922.003.10$19,199
Feb 20021863,09918.222.38$10,751
Jan 200204,10117.172.38$9,743
Dec 20011734,10116.932.36$12,625
Nov 20011804,24018.072.41$13,452
Oct 200101,96119.782.53$4,959
Sep 200102,18024.262.25$4,908
Aug 20011752,25524.873.05$11,237
Jul 200104,55023.933.20$14,547
Jun 200103,22824.563.82$12,344
May 20011882,66125.524.31$16,260
Apr 200103,37924.685.34$18,028
Mar 200102,95624.545.38$15,893
Feb 2001360027.755.77$9,990
Jan 20011883,71727.478.40$36,383
Dec 200002,84226.889.12$25,926
Nov 20001923,35132.215.66$25,144
Oct 200002,78131.235.15$14,310
Sep 20002946,57431.875.19$43,466
Aug 20003616,48829.644.54$40,160
Jul 200006,31928.534.09$25,843
Jun 200002,82329.304.40$12,413
May 20003454,46527.263.68$25,835
Apr 200003,19524.513.12$9,956
Mar 20001794,07128.422.86$16,729
Feb 20003675,50627.622.73$25,149
Jan 200005,01425.272.48$12,437
Dec 19993666,38024.282.42$24,350
Nov 199902,84823.192.43$6,932
Oct 199904,47220.982.80$12,538
Sep 19995384,79521.752.62$24,259
Aug 199906,45619.262.88$18,565
Jul 19990017.892.37$0
Jun 1999060015.942.36$1,417
May 199901,05715.792.32$2,453
Apr 199901,11915.102.21$2,471
Mar 199901,15812.471.84$2,129
Feb 19991888419.981.82$3,405
Jan 1999077510.381.90$1,472
Dec 199808589.201.77$1,522
Nov 199818579710.892.19$3,757
Oct 199801,55312.421.97$3,058
Sep 199801,57412.592.08$3,278
Aug 199801,77011.301.91$3,376
Jul 19983525511.742.24$4,256
Jun 199802,26311.242.24$5,063
May 199803,42512.622.21$7,557
Apr 199804,38613.042.51$10,988
Mar 19983697,24612.802.31$21,457
Feb 199806,91313.952.30$15,894
Jan 19983328,01714.702.15$22,155
Dec 19973568,23316.322.41$25,661
Nov 199707,15718.193.09$22,103
Oct 19973607,63519.253.15$30,979
Sep 19973597,63617.742.95$28,932
Aug 199706,78717.862.55$17,339
Jul 199702,68617.582.25$6,035
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 199735858317.882.08$7,615
Mar 199778,82118.951.94$17,238
Feb 199738710,25520.492.21$30,551
Jan 19973666,17223.483.54$30,441
Dec 19963688,31623.32$8,582
Nov 19963609,83021.97$7,909
Oct 199636310,43423.31$8,462
Sep 19963577,42722.22$7,933
Aug 199636111,53020.26$7,314
Jul 1996347019.55$6,784
Jun 199637410,15518.73$7,005
May 199636810,22019.43$7,150
Apr 19963599,18121.51$7,722
Mar 19965479,76119.38$10,601
Feb 19963729,33716.98$6,317
Jan 199653910,19917.07$9,201
Dec 199534710,56217.19$5,965
Nov 199536310,28216.00$5,808
Oct 199570712,33915.43$10,909
Sep 199535413,48216.18$5,728
Aug 199536210,80715.92$5,763
Jul 19951,07122,89415.24$16,322
Jun 199506,56416.41$0
May 19951816,02017.56$3,178
Apr 19953566,92117.73$6,312
Mar 19951957,44816.44$3,206
Feb 19953659,74916.58$6,052
Jan 199555817,57915.92$8,883
Dec 19941,08423,55815.03$16,293
Nov 199436711,81615.90$5,835
Oct 199436510,64915.58$5,687
Sep 199455513,49015.29$8,486
Aug 199436714,00316.13$5,920
Jul 199473716,11817.56$12,942
Jun 199473119,39017.09$12,493
May 199493619,15515.88$14,864
Apr 199473918,31114.14$10,449
Mar 199491117,13112.46$11,351
Feb 199440313,79612.50$5,038
Jan 199492414,44312.66$11,698
Dec 199336312,94012.33$4,476
Nov 19931,44219,31714.49$20,895
Oct 199371121,76615.85$11,269
Sep 199335520,70815.03$5,336
Aug 19931,06022,82715.66$16,600
Jul 19931,05426,77615.46$16,295
Jun 199371216,69716.79$11,954
May 19931,08722,40017.68$19,218
Apr 19931,03824,80218.05$18,736
Mar 19931,06935,99318.14$19,392
Feb 19933461817.90$6,193
Jan 19931,40433,22916.93$23,770

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 2025 — as filed, then multipliedworked
Oil                   44 bbl  × $ 66.74 =     $2,937
Casinghead gas         0 Mcf  × $  3.32 =         $0

────────────────────────────────────────────────────
Month total                                   $2,937

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/21451 is the state's own key, not one this site invented.