SPRING VALLEY RANCH

Operated by NORTHFIELD ENTERPRISES, INC. (P-5 614551) in the GIDDINGS (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 22944District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$7.8 M
Oct 1995 – Feb 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
353
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 598 leases and 630 wells, and the rule below applies to all of them.

Discovered
1977-03-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-05-16.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858.

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
OilDisposition343,343 bbl$7,200,320
Casinghead gasProduction373,816 Mcf$562,084
Total$7,762,404

179,735 Mcf of this lease's gas, across 15 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 (353)

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

353 months

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 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201310104.113.72$104
Aug 201370104.253.52$730
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20111930105.964.33$20,450
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010188080.843.80$15,198
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100873.585.44$44
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090242.144.06$8
Feb 20090932.814.63$42
Jan 200903735.865.37$199
Dec 200801037.105.98$60
Nov 20080055.496.86$0
Oct 2008199075.246.92$14,973
Sep 200805101.767.88$39
Aug 2008046114.228.48$390
Jul 2008063131.0811.39$718
Jun 200818736131.3313.03$25,028
May 2008093123.1711.57$1,076
Apr 2008092110.3110.45$962
Mar 20080102101.909.66$986
Feb 2008010192.538.77$886
Jan 2008198090.388.21$17,895
Dec 200702788.337.30$197
Nov 20070791.677.29$51
Oct 20070082.856.92$0
Sep 200704175.846.24$256
Aug 20071532669.066.39$10,732
Jul 20071901670.906.39$13,573
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060154.906.01$6
Sep 2006180060.085.04$10,814
Aug 20060068.717.34$0
Jul 2006186069.376.34$12,903
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20061064.397.36$64
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20055054.9413.42$275
Nov 2005185054.6910.59$10,118
Oct 20053058.3413.80$175
Sep 2005334061.4512.08$20,524
Aug 2005189061.519.80$11,625
Jul 2005366055.697.84$20,383
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003158028.804.60$4,550
Oct 20030028.174.76$0
Sep 2003060726.314.75$2,883
Aug 2003010429.765.13$533
Jul 20037029.415.17$206
Jun 2003185028.565.98$5,284
May 2003951026.595.97$3,285
Apr 20037026.675.41$187
Mar 2003180031.146.10$5,605
Feb 200349033.487.93$1,641
Jan 20037030.315.58$212
Dec 20027026.914.85$188
Nov 20021024.664.14$25
Oct 20020026.464.23$0
Sep 20022027.443.64$55
Aug 20020025.963.16$0
Jul 2002524024.583.06$12,880
Jun 200295723.733.34$404
May 20021887924.663.58$4,919
Apr 200217916523.653.51$4,813
Mar 200218122.003.10$273
Feb 200253314118.222.38$10,046
Jan 2002167017.172.38$2,867
Dec 200104416.932.36$104
Nov 20010018.072.41$0
Oct 200118341319.782.53$4,664
Sep 200135524424.262.25$9,162
Aug 200152441524.873.05$14,299
Jul 20017161,06423.933.20$20,536
Jun 20012,46452624.563.82$62,527
May 20011,95469025.524.31$52,838
Apr 20017351,59824.685.34$26,666
Mar 20011,0901,58024.545.38$35,243
Feb 20013,19594927.755.77$94,134
Jan 20013,7491,79227.478.40$118,036
Dec 20006,7155,10826.889.12$227,097
Nov 200021,03330732.215.66$679,210
Oct 200053843931.235.15$19,061
Sep 200071,11731.875.19$6,016
Aug 20007381,10229.644.54$26,878
Jul 20005391,59428.534.09$21,897
Jun 20005571,54229.304.40$23,101
May 20005751,25027.263.68$20,274
Apr 20009191,36824.513.12$26,787
Mar 20001,0862,26328.422.86$37,336
Feb 20003772,26327.622.73$16,583
Jan 20007282,01825.272.48$23,402
Dec 19997422,58824.282.42$24,288
Nov 19999403,08623.192.43$29,310
Oct 19999222,22920.982.80$25,593
Sep 19997372,57721.752.62$22,779
Aug 19999121,87719.262.88$22,963
Jul 19993872,18717.892.37$12,112
Jun 19991,1052,57715.942.36$23,701
May 19997423,09715.792.32$18,904
Apr 19991,2802,25915.102.21$24,316
Mar 19999082,26412.471.84$15,485
Feb 19991,1122,5329.981.82$15,700
Jan 19993721,38910.381.90$6,500
Dec 19981,2953,2069.201.77$17,599
Nov 19981,2923,64010.892.19$22,026
Oct 19981,6453,46812.421.97$27,260
Sep 19985431,79212.592.08$10,568
Aug 19987022,04111.301.91$11,826
Jul 19981,0701,46011.742.24$15,828
Jun 19989121,20311.242.24$12,942
May 19985271,90912.622.21$10,863
Apr 19983892,22013.042.51$10,634
Mar 19989053,08212.802.31$18,702
Feb 19989222,53313.952.30$18,686
Jan 19987622,92114.702.15$17,496
Dec 19971,6863,26616.322.41$35,390
Nov 19977323,20618.193.09$23,216
Oct 19972,3325,79419.253.15$63,141
Sep 19971,4506,00117.742.95$43,455
Aug 19972,4888,88817.862.55$67,142
Jul 19973,5719,14017.582.25$83,315
Jun 19974,2948,99517.242.26$94,332
May 19976,28414,17618.972.31$151,933
Apr 19976,47813,45617.882.08$143,853
Mar 19978,9922,03518.951.94$174,345
Feb 19975,22512,69720.492.21$135,069
Jan 19977,81016,13823.483.54$240,502
Dec 199613,30116,96223.32$310,179
Nov 19962,27432,39721.97$49,960
Oct 199610,60113,87423.31$247,109
Sep 199617,82117,38022.22$395,983
Aug 199620,85414,15020.26$422,502
Jul 199631,93819,16919.55$624,388
Jun 199626,41313,77618.73$494,715
May 199620,48911,46219.43$398,101
Apr 19964,9127,21421.51$105,657
Mar 199613,79811,84719.38$267,405
Feb 199616,0355,23416.98$272,274
Jan 199618,9585,12217.07$323,613
Dec 19955,4604,56517.19$93,857
Nov 199511,4465,51516.00$183,136
Oct 19952,8231,06815.43$43,559

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.

Sep 2013 — as filed, then multipliedworked
Oil                    1 bbl  × $104.11 =       $104
Casinghead gas         0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                     $104

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/22944 is the state's own key, not one this site invented.