RICHTER UNIT

Operated by WCS OIL AND GAS CORPORATION (P-5 902626) 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 22853District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$674 k
Aug 1995 – Feb 2002
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
79
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
OilDisposition32,607 bbl$613,858
Casinghead gasProduction52,964 Mcf$59,888
Total$673,745

31,086 Mcf of this lease's gas, across 17 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 (2)

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 30.2473, -96.8836. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

30.24728, -96.88360 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,977 ft
2 wells filed one
Completion to plug
7.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 8,475 and 11,479 ft, median 9,977 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1995 – Jan 2011
2 of 2 wells
Plug dates filed
Dec 2001 – Dec 2018
2 of 2 wells

Last completion to plug: a median of 7.2 years across the 2 wells that filed both dates, with the middle half between 6.8 years and 7.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2873196728,475 ftJan 2011Dec 2018Yes
42-287324701AH11,479 ftAug 1995Dec 2001Yes

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 (79)

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

79 months

Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001175018.072.41$3,162
Oct 20010019.782.53$0
Sep 200105924.262.25$133
Aug 200106424.873.05$195
Jul 200118411523.933.20$4,771
Jun 200108924.563.82$340
May 2001019225.524.31$827
Apr 200118814324.685.34$5,403
Mar 2001013124.545.38$704
Feb 200119211827.755.77$6,009
Jan 2001511327.478.40$1,086
Dec 200019411726.889.12$6,282
Nov 2000111532.215.66$683
Oct 20001799531.235.15$6,079
Sep 200008631.875.19$446
Aug 2000017029.644.54$772
Jul 200017613928.534.09$5,590
Jun 2000012829.304.40$563
May 200018816727.263.68$5,739
Apr 2000013424.513.12$418
Mar 200016814328.422.86$5,184
Feb 20002317427.622.73$1,110
Jan 2000013625.272.48$337
Dec 199918917124.282.42$5,003
Nov 1999122023.192.43$559
Oct 199918723320.982.80$4,577
Sep 1999021421.752.62$560
Aug 199918325219.262.88$4,249
Jul 1999121617.892.37$530
Jun 199918126615.942.36$3,513
May 1999023415.792.32$543
Apr 199917621415.102.21$3,130
Mar 1999025812.471.84$474
Feb 1999178289.981.82$1,827
Jan 199901110.381.90$21
Dec 1998184159.201.77$1,719
Nov 1998186710.892.19$2,041
Oct 19986312512.421.97$7,886
Sep 19981612.592.08$25
Aug 199817347311.301.91$2,857
Jul 199837629111.742.24$5,065
Jun 199818890911.242.24$4,147
May 19985291,00712.622.21$8,898
Apr 199837294713.042.51$7,223
Mar 199837178112.802.31$6,552
Feb 199852071513.952.30$8,898
Jan 199836299614.702.15$7,468
Dec 199769671616.322.41$13,085
Nov 19973651,19018.193.09$10,314
Oct 19975451,29519.253.15$14,570
Sep 19975461,33117.742.95$13,619
Aug 199755168517.862.55$11,591
Jul 199772835917.582.25$13,605
Jun 199771759917.242.26$13,713
May 199759361018.972.31$12,657
Apr 19971,42989017.882.08$27,404
Mar 19971,0851,01918.951.94$22,537
Feb 199774092020.492.21$17,192
Jan 19979341,14723.483.54$25,990
Dec 19961,0571,13723.32$24,649
Nov 19961,1221,25021.97$24,650
Oct 19961,5471,10023.31$36,061
Sep 19961,39992022.22$31,086
Aug 19961,22295820.26$24,758
Jul 19961,04466919.55$20,410
Jun 19961,1451,15018.73$21,446
May 19968641,61919.43$16,788
Apr 19968601,79821.51$18,499
Mar 19961,0472,19719.38$20,291
Feb 19961,4051,67716.98$23,857
Jan 19961,1931,19017.07$20,365
Dec 19951,27474917.19$21,900
Nov 19951,09861616.00$17,568
Oct 19955505,85615.43$8,487
Sep 19951746,19416.18$2,815
Aug 1995152,00615.92$239

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.

Nov 2001 — as filed, then multipliedworked
Oil                  175 bbl  × $ 18.07 =     $3,162
Casinghead gas         0 Mcf  × $  2.41 =         $0

────────────────────────────────────────────────────
Month total                                   $3,162

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/22853 is the state's own key, not one this site invented.