MORGAN-MORGAN UNIT

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 21565District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$5.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$246 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
OilDisposition154,153 bbl$4,743,096
Casinghead gasProduction442,261 Mcf$945,789
Total$5,688,885

230,288 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 29.9642, -96.9772. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.96416, -96.97720 · 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
12,490 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 12,490 ft.

Completions filed
Jul 1992
1 of 1 wells

1 well

42-14932592112,490 ftJul 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 2026188261106.413.05$20,800
Apr 20268630098.932.87$9,369
Mar 202613934089.753.15$13,546
Feb 20267829163.503.75$6,044
Jan 202617535459.138.00$13,179
Dec 202520842456.664.41$13,657
Nov 202518443958.593.93$12,504
Oct 20255331,27759.383.30$35,870
Sep 20251,0461,30162.743.08$69,629
Aug 202570442263.933.01$46,279
Jul 20250466.743.32$13
Jun 202575066.483.13$4,986
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250374.324.28$13
Dec 20240068.993.12$0
Nov 20240569.052.20$11
Oct 20240771.372.28$16
Sep 202401269.612.36$28
Aug 202401275.632.06$25
Jul 20240779.932.15$15
Jun 202401578.082.63$40
May 202404578.812.20$99
Apr 20240784.451.66$12
Mar 202401680.301.55$25
Feb 202403476.091.78$61
Jan 202401473.023.30$46
Dec 202302571.262.61$65
Nov 202301777.892.81$48
Oct 202302285.443.09$68
Sep 202303489.042.74$93
Aug 202304180.522.67$110
Jul 202304674.852.64$122
Jun 202304468.962.26$99
May 202303770.622.23$82
Apr 202302478.122.24$54
Mar 202304272.852.39$101
Feb 202302575.112.47$62
Jan 202305676.533.39$190
Dec 202206376.415.73$361
Nov 202205685.005.65$316
Oct 202205987.185.86$346
Sep 202204284.888.16$343
Aug 202204494.529.13$402
Jul 20220181101.587.54$1,365
Jun 2022169153115.097.98$20,671
May 20220180109.378.43$1,518
Apr 2022170209104.226.84$19,146
Mar 2022099108.885.08$503
Feb 202217122591.054.86$16,663
Jan 202217729781.844.54$15,833
Dec 2021025671.323.90$998
Nov 202118527277.435.24$15,749
Oct 2021020479.795.71$1,166
Sep 202117327269.865.35$13,541
Aug 2021021466.024.22$903
Jul 202118335770.783.98$14,374
Jun 202117724869.493.38$13,138
May 2021033663.483.02$1,014
Apr 202117732660.362.76$11,583
Mar 2021021961.302.72$595
Feb 202117215057.805.55$10,774
Jan 202117127250.412.81$9,385
Dec 2020128144.642.68$796
Nov 202017526738.772.71$7,507
Oct 2020041436.972.48$1,026
Sep 202017022037.091.99$6,743
Aug 2020023639.982.39$563
Jul 202018329038.371.83$7,551
Jun 202017831334.901.69$6,741
May 2020033816.921.81$613
Apr 2020018814.751.80$339
Mar 202017315530.341.86$5,537
Feb 202018126349.881.98$9,549
Jan 2020132357.252.09$734
Dec 201917721759.012.30$10,945
Nov 2019024055.302.75$660
Oct 201918124653.472.42$10,273
Sep 2019027155.052.66$720
Aug 201914626453.112.30$8,362
Jul 201917127656.272.46$10,301
Jun 2019017652.782.49$438
May 201918813758.482.74$11,370
Apr 2019016462.632.75$451
Mar 201918027556.803.06$11,066
Feb 201917233650.852.79$9,684
Jan 2019131046.033.23$1,047
Dec 201818417246.594.19$9,292
Nov 2018014652.934.24$619
Oct 201817627161.443.40$11,734
Sep 201816528459.543.11$10,707
Aug 201816628459.403.07$10,731
Jul 201832117665.142.93$21,426
Jun 2018113560.183.08$476
May 201817620365.382.90$12,096
Apr 201818720963.842.90$12,544
Mar 201819214161.222.79$12,147
Feb 201818833861.782.77$12,550
Jan 20181955962.874.01$12,496
Dec 2017020857.272.92$608
Nov 2017040955.423.12$1,275
Oct 20170049.292.98$0
Sep 201707147.523.09$219
Aug 201718530645.373.00$9,313
Jul 201717633543.873.09$8,755
Jun 2017030842.493.09$951
May 201719135045.373.26$9,808
Apr 201718934547.933.21$10,167
Mar 2017036246.772.98$1,080
Feb 201718830450.452.95$10,382
Jan 201718832349.413.42$10,393
Dec 2016038648.763.72$1,437
Nov 201617335642.492.64$8,292
Oct 201618237246.193.09$9,556
Sep 2016030041.553.10$930
Aug 201618135141.442.92$8,527
Jul 2016035041.622.92$1,024
Jun 201618133345.352.69$9,103
May 201618941742.521.99$8,867
Apr 2016035536.561.99$707
Mar 201619437833.011.79$7,082
Feb 2016032826.472.06$677
Jan 201619235427.352.36$6,088
Dec 201517528832.362.00$6,239
Nov 201518625838.792.17$7,774
Oct 2015029243.552.43$709
Sep 201518828842.992.76$8,877
Aug 2015031240.162.87$896
Jul 201518237948.152.95$9,879
Jun 201518828956.152.88$11,389
May 2015026255.212.96$774
Apr 201518629049.822.71$10,051
Mar 2015031342.892.93$919
Feb 201518438144.662.98$9,351
Jan 201519233343.433.10$9,371
Dec 201419634154.693.59$11,944
Nov 2014040170.464.25$1,705
Oct 201419335578.303.90$16,497
Sep 2014038386.164.05$1,549
Aug 201417341989.394.04$17,155
Jul 201419135696.564.18$19,931
Jun 201419244398.164.74$20,945
May 2014034194.734.73$1,612
Apr 201418244695.944.81$19,606
Mar 201419542895.895.06$20,863
Feb 2014041097.406.19$2,539
Jan 201418637090.404.86$18,613
Dec 201319847991.824.35$20,266
Nov 201319033388.853.74$18,126
Oct 2013046197.423.78$1,742
Sep 2013189429104.113.72$21,272
Aug 2013179417104.253.52$20,130
Jul 2013188441102.523.72$20,913
Jun 2013043594.403.93$1,711
May 201319358294.834.15$20,717
Apr 201318323893.964.28$18,214
Mar 201318842793.623.91$19,271
Feb 2013039091.233.42$1,334
Jan 201318741391.603.42$18,542
Dec 201218545286.773.42$17,598
Nov 201218739786.953.62$17,699
Oct 2012042889.383.40$1,455
Sep 201217545294.672.92$17,886
Aug 201218833492.662.91$18,391
Jul 201219230185.133.02$17,254
Jun 201219340479.822.52$16,423
May 2012029591.612.49$734
Apr 2012192363101.652.00$20,242
Mar 2012189453105.052.22$20,861
Feb 2012191430101.102.57$20,415
Jan 201219144798.092.73$19,957
Dec 201119542496.873.24$20,263
Nov 2011041695.723.31$1,377
Oct 201119458384.983.65$18,613
Sep 201119224183.623.99$17,016
Aug 201118937483.404.15$17,314
Jul 201119043394.144.52$19,843
Jun 201119253392.904.64$20,310
May 201119642698.134.40$21,110
Apr 20110480105.964.33$2,080
Mar 201138052296.364.06$38,735
Feb 2011045185.644.18$1,885
Jan 201118949786.504.59$18,629
Dec 201019053685.734.35$18,619
Nov 201018748180.843.80$16,943
Oct 201018751178.103.51$16,398
Sep 201018747272.633.98$15,460
Aug 201018758773.684.42$16,372
Jul 2010056072.554.74$2,652
Jun 201018847870.364.91$15,575
May 201018662471.124.24$15,871
Apr 201019546181.694.12$17,830
Mar 201018856078.394.39$17,195
Feb 201019750773.585.44$17,255
Jan 201019153774.365.96$17,405
Dec 200919355371.445.48$16,820
Nov 200918660774.593.75$16,151
Oct 200918757472.544.11$15,924
Sep 200918756165.543.06$13,975
Aug 200918661467.423.22$14,516
Jul 200918862261.133.46$13,647
Jun 200919356266.163.90$14,958
May 200918967054.743.93$12,976
Apr 200919658946.773.59$11,280
Mar 200919556642.144.06$10,515
Feb 200918959032.814.63$8,935
Jan 200919259935.865.37$10,102
Dec 200818357037.105.98$10,196
Nov 200819449455.496.86$14,154
Oct 200819668975.246.92$19,516
Sep 2008194598101.767.88$24,452
Aug 2008194685114.228.48$27,970
Jul 2008195700131.0811.39$33,533
Jun 2008194624131.3313.03$33,610
May 2008195652123.1711.57$31,565
Apr 2008195562110.3110.45$27,386
Mar 2008196551101.909.66$25,297
Feb 200819759792.538.77$23,464
Jan 200839185190.388.21$42,322
Dec 200719277288.337.30$22,596
Nov 200719467491.677.29$22,699
Oct 200719265782.856.92$20,455
Sep 200719178475.846.24$19,381
Aug 200719272069.066.39$17,859
Jul 200719572370.906.39$18,444
Jun 200738478862.007.55$29,756
May 200718974958.747.85$16,979
Apr 200720269759.617.81$17,481
Mar 200719577156.927.30$16,729
Feb 200739858155.108.22$26,703
Jan 200717479850.306.73$14,120
Dec 200618575856.656.92$15,724
Nov 200618569654.207.62$15,329
Oct 200618561154.906.01$13,831
Sep 200637285260.085.04$26,641
Aug 200618483568.717.34$18,771
Jul 200636081469.376.34$30,136
Jun 200618279866.286.38$17,157
May 200618181866.016.42$17,203
Apr 200637577764.397.36$29,865
Mar 2006072056.707.08$5,100
Feb 200636682057.597.75$27,434
Jan 200619190160.598.93$19,622
Dec 200536184554.9413.42$31,169
Nov 200516792354.6910.59$18,906
Oct 200533690758.3413.80$32,115
Sep 200516787661.4512.08$20,843
Aug 20053051,07161.519.80$29,253
Jul 20053371,05855.697.84$27,066
Jun 20053431,03152.337.38$25,559
May 20053631,06345.226.65$23,485
Apr 200518190749.207.36$15,581
Mar 20053561,09450.377.15$25,759
Feb 200534199245.226.31$21,681
Jan 20051701,08243.166.32$14,178
Dec 200435643639.866.75$17,134
Nov 20043341,08845.286.33$22,011
Oct 20043361,12549.706.52$24,029
Sep 20043601,08943.245.28$21,321
Aug 20043521,16842.375.55$21,397
Jul 20043501,25638.286.08$21,040
Jun 20044821,12036.106.43$24,605
May 20043401,30937.486.49$21,245
Apr 20043601,19734.475.86$19,422
Mar 20043661,35434.365.53$20,064
Feb 20045591,35832.455.51$25,622
Jan 20043691,51932.036.30$21,388
Dec 20037311,57130.266.30$32,020
Nov 20035501,73028.804.60$23,790
Oct 20037352,16128.174.76$30,991
Sep 20031,0892,47126.314.75$40,387
Aug 20031,0921,77829.765.13$41,619
Jul 2003434729.415.17$1,912
Jun 20039411128.565.98$3,349
May 2003094126.595.97$5,620
Apr 200336282226.675.41$14,099
Mar 200337188631.146.10$16,954
Feb 200317385233.487.93$12,545
Jan 20037381,06530.315.58$28,314
Dec 20023591,02526.914.85$14,636
Nov 200218174224.664.14$7,533
Oct 200218578326.464.23$8,207
Sep 200234885227.443.64$12,646
Aug 200253186425.963.16$16,519
Jul 200217894924.583.06$7,281
Jun 200235587223.733.34$11,335
May 20023571,06724.663.58$12,628
Apr 200254594423.653.51$16,205
Mar 200218098622.003.10$7,019
Feb 20023601,10718.222.38$9,189
Jan 200236393217.172.38$8,447
Dec 20013561,27916.932.36$9,051
Nov 20013471,32618.072.41$9,460
Oct 20017161,33019.782.53$17,526
Sep 200118081724.262.25$6,206
Aug 200170496424.873.05$20,452
Jul 20013561,01923.933.20$11,777
Jun 20011781,16324.563.82$8,819
May 20015411,20425.524.31$18,992
Apr 20017151,05124.685.34$23,254
Mar 20013601,27624.545.38$15,695
Feb 200136091827.755.77$15,284
Jan 200137190327.478.40$17,775
Dec 200054383426.889.12$22,204
Nov 200036286432.215.66$16,549
Oct 200036098531.235.15$16,311
Sep 200054193431.875.19$22,086
Aug 200070993329.644.54$25,251
Jul 200052688628.534.09$18,630
Jun 200053485929.304.40$19,423
May 20003571,00827.263.68$13,441
Apr 20003541,13924.513.12$12,226
Mar 20007131,15528.422.86$23,566
Feb 200037284627.622.73$12,581
Jan 20005421,15425.272.48$16,559
Dec 19997201,22124.282.42$20,441
Nov 19997201,61523.192.43$20,628
Oct 1999086620.982.80$2,428
Sep 199953680921.752.62$13,777
Aug 199971187419.262.88$16,207
Jul 199936082717.892.37$8,402
Jun 199935865715.942.36$7,258
May 199971798315.792.32$13,603
Apr 19993581,08215.102.21$7,795
Mar 19997151,08712.471.84$10,914
Feb 19991801,0009.981.82$3,614
Jan 19997121,05710.381.90$9,399
Dec 19987281,0729.201.77$8,599
Nov 19985391,07010.892.19$8,208
Oct 19985451,18712.421.97$9,106
Sep 19985351,21812.592.08$9,272
Aug 19987171,24211.301.91$10,471
Jul 19985311,18211.742.24$8,878
Jun 19983531,22111.242.24$6,699
May 19987111,37412.622.21$12,004
Apr 19987091,29713.042.51$12,495
Mar 19983641,33112.802.31$7,733
Feb 199836190313.952.30$7,112
Jan 19987211,74114.702.15$14,350
Dec 19977271,25216.322.41$14,883
Nov 19973631,06418.193.09$9,889
Oct 19977161,48919.253.15$18,473
Sep 19973601,68117.742.95$11,354
Aug 19977131,82217.862.55$17,389
Jul 19978891,91717.582.25$19,936
Jun 19973591,49417.242.26$9,561
May 19977211,52418.972.31$17,196
Apr 19977221,57417.882.08$16,188
Mar 19977271,70218.951.94$17,077
Feb 19977241,54520.492.21$18,243
Jan 19977331,79723.483.54$23,572
Dec 19965481,81823.32$12,779
Nov 19967251,56621.97$15,928
Oct 19967221,90923.31$16,830
Sep 19967171,99922.22$15,932
Aug 19967222,06020.26$14,628
Jul 19969122,04619.55$17,830
Jun 19967181,92618.73$13,448
May 19965583,00319.43$10,842
Apr 19969011,83821.51$19,381
Mar 19961,0891,74719.38$21,105
Feb 19969111,57716.98$15,469
Jan 19965562,43817.07$9,491
Dec 19951,1052,27317.19$18,995
Nov 19951,0812,36116.00$17,296
Oct 19955472,40815.43$8,440
Sep 19959092,54716.18$14,708
Aug 19957273,05915.92$11,574
Jul 19951,0713,30915.24$16,322
Jun 19951,0763,10616.41$17,657
May 19959402,89817.56$16,506
Apr 19959513,08617.73$16,861
Mar 19951,3113,34316.44$21,553
Feb 19951,1157,68816.58$18,487
Jan 19951,2738,00815.92$20,266
Dec 19941,2698,50215.03$19,073
Nov 19941,0849,43115.90$17,236
Oct 19941,6218,97915.58$25,255
Sep 19948978,39015.29$13,715
Aug 19941,4279,68916.13$23,018
Jul 19941,4469,92717.56$25,392
Jun 19941,2559,95217.09$21,448
May 19941,45228015.88$23,058
Apr 19941,2583,96414.14$17,788
Mar 19941,8163,79212.46$22,627
Feb 19941,4673,98112.50$18,338
Jan 19941,6334,54212.66$20,674
Dec 19931,9853,75012.33$24,475
Nov 19931,4485,09214.49$20,982
Oct 19931,9895,44515.85$31,526
Sep 19932,1425,45715.03$32,194
Aug 19932,3116,45715.66$36,190
Jul 19932,1292,96215.46$32,914
Jun 19932,8546,95116.79$47,919
May 19933,2268,05317.68$57,036
Apr 19933,2227,47118.05$58,157
Mar 19933,4448,02818.14$62,474
Feb 19934,3349,15217.90$77,579
Jan 19934,82012,02816.93$81,603

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                  188 bbl  × $106.41 =    $20,005
Casinghead gas       261 Mcf  × $  3.05 =       $795

────────────────────────────────────────────────────
Month total                                  $20,800

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/21565 is the state's own key, not one this site invented.