FERRARA UNIT

Operated by WILDFIRE ENERGY OPERATING LLC (P-5 923444) 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 22724District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$6.7 M
Mar 1995 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
375
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
OilDisposition188,559 bbl$6,676,651
Casinghead gasProduction41,654 Mcf$53,785
Total$6,730,437

23,642 Mcf of this lease's gas, across 22 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.

Every month this lease reported (375)

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

375 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 20250066.743.32$0
Jun 20250066.483.13$0
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 20230085.443.09$0
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 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201862046.594.19$2,889
Nov 2018189052.934.24$10,004
Oct 20180061.443.40$0
Sep 2018247059.543.11$14,706
Aug 2018180059.403.07$10,692
Jul 2018180065.142.93$11,725
Jun 2018178060.183.08$10,712
May 2018186065.382.90$12,161
Apr 2018179063.842.90$11,427
Mar 2018332061.222.79$20,325
Feb 20180061.782.77$0
Jan 2018173062.874.01$10,877
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017181049.292.98$8,921
Sep 2017178047.523.09$8,459
Aug 2017182045.373.00$8,257
Jul 2017167043.873.09$7,326
Jun 2017178042.493.09$7,563
May 2017187045.373.26$8,484
Apr 20170047.933.21$0
Mar 2017367046.772.98$17,165
Feb 20170050.452.95$0
Jan 2017180049.413.42$8,894
Dec 2016344048.763.72$16,773
Nov 2016183042.492.64$7,776
Oct 2016186046.193.09$8,591
Sep 2016177041.553.10$7,354
Aug 2016168041.442.92$6,962
Jul 2016352041.622.92$14,650
Jun 20160045.352.69$0
May 2016178042.521.99$7,569
Apr 2016190036.561.99$6,946
Mar 2016181033.011.79$5,975
Feb 2016191026.472.06$5,056
Jan 2016180027.352.36$4,923
Dec 2015366032.362.00$11,844
Nov 2015187038.792.17$7,254
Oct 2015191043.552.43$8,318
Sep 2015185042.992.76$7,953
Aug 2015185040.162.87$7,430
Jul 2015177048.152.95$8,523
Jun 2015186056.152.88$10,444
May 2015368055.212.96$20,317
Apr 2015190049.822.71$9,466
Mar 2015182042.892.93$7,806
Feb 2015371044.662.98$16,569
Jan 2015193043.433.10$8,382
Dec 2014190054.693.59$10,391
Nov 2014184070.464.25$12,965
Oct 2014362078.303.90$28,345
Sep 2014157086.164.05$13,527
Aug 2014366089.394.04$32,717
Jul 2014186096.564.18$17,960
Jun 2014170098.164.74$16,687
May 2014340094.734.73$32,208
Apr 2014169095.944.81$16,214
Mar 2014336095.895.06$32,219
Feb 2014174097.406.19$16,948
Jan 2014327090.404.86$29,561
Dec 2013342091.824.35$31,402
Nov 2013170088.853.74$15,105
Oct 2013340097.423.78$33,123
Sep 20131780104.113.72$18,532
Aug 20133410104.253.52$35,549
Jul 20133430102.523.72$35,164
Jun 2013169094.403.93$15,954
May 2013349094.834.15$33,096
Apr 2013337093.964.28$31,665
Mar 2013344093.623.91$32,205
Feb 2013355091.233.42$32,387
Jan 2013169091.603.42$15,480
Dec 2012349086.773.42$30,283
Nov 2012331086.953.62$28,780
Oct 2012328089.383.40$29,317
Sep 2012344094.672.92$32,566
Aug 2012343092.662.91$31,782
Jul 2012343085.133.02$29,200
Jun 2012512079.822.52$40,868
May 2012189091.612.49$17,314
Apr 20123690101.652.00$37,509
Mar 20123370105.052.22$35,402
Feb 20123330101.102.57$33,666
Jan 2012289098.092.73$28,348
Dec 2011508096.873.24$49,210
Nov 2011341095.723.31$32,641
Oct 2011504084.983.65$42,830
Sep 2011655083.623.99$54,771
Aug 2011519083.404.15$43,285
Jul 2011324094.144.52$30,501
Jun 2011170092.904.64$15,793
May 2011172098.134.40$16,878
Apr 20113500105.964.33$37,086
Mar 2011171096.364.06$16,478
Feb 2011175085.644.18$14,987
Jan 2011317086.504.59$27,421
Dec 2010341085.734.35$29,234
Nov 2010174080.843.80$14,066
Oct 2010341078.103.51$26,632
Sep 2010343072.633.98$24,912
Aug 2010356073.684.42$26,230
Jul 2010164072.554.74$11,898
Jun 2010338070.364.91$23,782
May 2010327071.124.24$23,256
Apr 2010339081.694.12$27,693
Mar 2010503078.394.39$39,430
Feb 2010327073.585.44$24,061
Jan 2010172074.365.96$12,790
Dec 2009529071.445.48$37,792
Nov 2009170074.593.75$12,680
Oct 2009346072.544.11$25,099
Sep 2009346065.543.06$22,677
Aug 2009343067.423.22$23,125
Jul 2009341061.133.46$20,845
Jun 2009350066.163.90$23,156
May 2009347054.743.93$18,995
Apr 2009339046.773.59$15,855
Mar 2009348042.144.06$14,665
Feb 2009468032.814.63$15,355
Jan 2009349035.865.37$12,515
Dec 2008350037.105.98$12,985
Nov 2008713055.496.86$39,564
Oct 2008342075.246.92$25,732
Sep 20083530101.767.88$35,921
Aug 20085210114.228.48$59,509
Jul 20083610131.0811.39$47,320
Jun 20085130131.3313.03$67,372
May 20083540123.1711.57$43,602
Apr 20086760110.3110.45$74,570
Mar 20083460101.909.66$35,257
Feb 2008337092.538.77$31,183
Jan 2008678090.388.21$61,278
Dec 2007342088.337.30$30,209
Nov 2007344091.677.29$31,534
Oct 20070082.856.92$0
Sep 2007340075.846.24$25,786
Aug 2007504069.066.39$34,806
Jul 2007349070.906.39$24,744
Jun 2007584062.007.55$36,208
May 2007569058.747.85$33,423
Apr 2007401059.617.81$23,904
Mar 2007566056.927.30$32,217
Feb 2007589055.108.22$32,454
Jan 2007587050.306.73$29,526
Dec 2006555056.656.92$31,441
Nov 2006579054.207.62$31,382
Oct 2006753054.906.01$41,340
Sep 2006755060.085.04$45,360
Aug 2006562068.717.34$38,615
Jul 2006894069.376.34$62,017
Jun 2006738066.286.38$48,915
May 20061,086066.016.42$71,687
Apr 20061,119064.397.36$72,052
Mar 20061,289056.707.08$73,086
Feb 20060057.597.75$0
Jan 2006569060.598.93$34,476
Dec 2005368054.9413.42$20,218
Nov 2005569054.6910.59$31,119
Oct 2005354058.3413.80$20,652
Sep 2005190061.4512.08$11,676
Aug 2005383061.519.80$23,558
Jul 2005370055.697.84$20,605
Jun 2005368052.337.38$19,257
May 2005340045.226.65$15,375
Apr 20050049.207.36$0
Mar 2005362050.377.15$18,234
Feb 2005719045.226.31$32,513
Jan 2005188043.166.32$8,114
Dec 2004188039.866.75$7,494
Nov 2004378045.286.33$17,116
Oct 2004363049.706.52$18,041
Sep 2004358043.245.28$15,480
Aug 2004376042.375.55$15,931
Jul 2004344038.286.08$13,168
Jun 2004373036.106.43$13,465
May 2004381037.486.49$14,280
Apr 2004543034.475.86$18,717
Mar 2004372034.365.53$12,782
Feb 2004381032.455.51$12,363
Jan 2004557032.036.30$17,841
Dec 2003392030.266.30$11,862
Nov 2003384028.804.60$11,059
Oct 2003557028.174.76$15,691
Sep 2003366026.314.75$9,629
Aug 2003564029.765.13$16,785
Jul 2003549029.415.17$16,146
Jun 2003576028.565.98$16,451
May 2003363026.595.97$9,652
Apr 2003756026.675.41$20,163
Mar 2003364031.146.10$11,335
Feb 2003365033.487.93$12,220
Jan 2003536030.315.58$16,246
Dec 2002564026.914.85$15,177
Nov 2002550024.664.14$13,563
Oct 2002179026.464.23$4,736
Sep 2002542027.443.64$14,872
Aug 2002696025.963.16$18,068
Jul 2002342024.583.06$8,406
Jun 2002702023.733.34$16,658
May 2002352024.663.58$8,680
Apr 2002670023.653.51$15,846
Mar 2002696022.003.10$15,312
Feb 2002671018.222.38$12,226
Jan 2002680017.172.38$11,676
Dec 2001713016.932.36$12,071
Nov 2001358018.072.41$6,469
Oct 2001892019.782.53$17,644
Sep 2001696024.262.25$16,885
Aug 2001885024.873.05$22,010
Jul 20011,218023.933.20$29,147
Jun 2001523024.563.82$12,845
May 2001338025.524.31$8,626
Apr 2001351024.685.34$8,663
Mar 2001523024.545.38$12,834
Feb 2001180027.755.77$4,995
Jan 2001176027.478.40$4,835
Dec 200070023426.889.12$20,951
Nov 200082629232.215.66$28,258
Oct 20001,03150631.235.15$34,802
Sep 20001,30849731.875.19$44,264
Aug 20001,33544429.644.54$41,585
Jul 20001,01345528.534.09$30,762
Jun 20001,73258629.304.40$53,324
May 20001,76772127.263.68$50,822
Apr 20002,15583724.513.12$55,427
Mar 20002,51898928.422.86$74,390
Feb 20001,08645127.622.73$31,225
Jan 20002,8461,18025.272.48$74,845
Dec 199918912124.282.42$4,882
Nov 19991,07439423.192.43$25,865
Oct 19991,58364220.982.80$35,011
Sep 19991,05837921.752.62$24,004
Aug 199953622319.262.88$10,965
Jul 199935225717.892.37$6,907
Jun 199953719615.942.36$9,023
May 199971623915.792.32$11,860
Apr 199969124215.102.21$10,968
Mar 199951123112.471.84$6,797
Feb 19997071889.981.82$7,398
Jan 199936018810.381.90$4,094
Dec 19987172149.201.77$6,976
Nov 199872625610.892.19$8,466
Oct 199854828412.421.97$7,365
Sep 199872126612.592.08$9,631
Aug 199853628811.301.91$6,606
Jul 199871031411.742.24$9,038
Jun 199871631611.242.24$8,755
May 199852231112.622.21$7,274
Apr 199889133113.042.51$12,448
Mar 19981,04036412.802.31$14,153
Feb 199885934213.952.30$12,769
Jan 199890438814.702.15$14,125
Dec 19971,08642016.322.41$18,736
Nov 19971,27243018.193.09$24,466
Oct 19971,09249819.253.15$22,590
Sep 19971,24854917.742.95$23,762
Aug 19971,98716017.862.55$35,897
Jul 19978777017.582.25$15,575
Jun 19971,61215017.242.26$28,129
May 19971,97225018.972.31$37,986
Apr 19971,10023517.882.08$20,157
Mar 19971,10647518.951.94$21,880
Feb 19971,08131720.492.21$22,849
Jan 19971,61929223.483.54$39,048
Dec 19961,25126023.32$29,173
Nov 19961,3921,00021.97$30,582
Oct 19961,0691,42523.31$24,918
Sep 19961,0701,00022.22$23,775
Aug 19961,40755020.26$28,506
Jul 19961,56462019.55$30,576
Jun 19961,23952018.73$23,206
May 19962,12371119.43$41,250
Apr 19961,25077221.51$26,888
Mar 19961,94566619.38$37,694
Feb 19962,12472516.98$36,066
Jan 19962,16481717.07$36,939
Dec 19951,80749217.19$31,062
Nov 19952,51959616.00$40,304
Oct 19952,14577215.43$33,097
Sep 19953,0291,12816.18$49,009
Aug 19953,5571,34915.92$56,627
Jul 19954,9892,77715.24$76,032
Jun 19954,2841,63016.41$70,300
May 19957,6952,37617.56$135,124
Apr 19958,6281,90617.73$152,974
Mar 19957141,55016.44$11,738

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 2018 — as filed, then multipliedworked
Oil                   62 bbl  × $ 46.59 =     $2,889
Casinghead gas         0 Mcf  × $  4.19 =         $0

────────────────────────────────────────────────────
Month total                                   $2,889

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/22724 is the state's own key, not one this site invented.