NIX UNIT

Operated by VERDUN OIL & GAS LLC (P-5 884566) 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 22971District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$5.8 M
Apr 1996 – May 2026
Value, last 12 filed months
$4
at the published price for each month
Months reported
362
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
OilDisposition63,287 bbl$3,246,326
Casinghead gasProduction749,697 Mcf$2,576,595
Total$5,822,921

153,393 Mcf of this lease's gas, across 9 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 30.4102, -96.5092. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.41018, -96.50925 · 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
12,878 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 12,878 ft.

Completions filed
Jul 1997
1 of 1 wells

1 well

42-05133511112,878 ftJul 1997

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 (362)

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

362 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260163.503.75$4
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 20200144.642.68$3
Nov 20200038.772.71$0
Oct 20200336.972.48$7
Sep 202001637.091.99$32
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 20190153.112.30$2
Jul 20190956.272.46$22
Jun 201901952.782.49$47
May 201912691058.482.74$9,862
Apr 201901,67762.632.75$4,613
Mar 201920991856.803.06$14,682
Feb 2019202,21250.852.79$7,193
Jan 20191501,85846.033.23$12,902
Dec 201817952646.594.19$10,541
Nov 201812052.934.24$635
Oct 20181061.443.40$61
Sep 20186059.543.11$357
Aug 20180059.403.07$0
Jul 201816819565.142.93$11,515
Jun 201801,91860.183.08$5,902
May 201820063665.382.90$14,921
Apr 201802663.842.90$75
Mar 201806761.222.79$187
Feb 20180061.782.77$0
Jan 2018322662.874.01$1,095
Dec 20173581,40857.272.92$24,616
Nov 201701,25955.423.12$3,926
Oct 20171822,12549.292.98$15,311
Sep 2017050247.523.09$1,550
Aug 20171872,78545.373.00$16,851
Jul 201701,09343.873.09$3,374
Jun 201733341042.493.09$15,415
May 201703,50245.373.26$11,428
Apr 201703,08647.933.21$9,911
Mar 20173543,40246.772.98$26,707
Feb 20173684,08950.452.95$30,639
Jan 20171822,61849.413.42$17,943
Dec 20161583,18948.763.72$19,576
Nov 20161833,14542.492.64$16,092
Oct 201602,63646.193.09$8,146
Sep 20161812,34041.553.10$14,776
Aug 201602,09341.442.92$6,121
Jul 20161802,29241.622.92$14,194
Jun 20161842,39745.352.69$14,782
May 20161873,06742.521.99$14,058
Apr 20163592,88036.561.99$18,859
Mar 20161892,93033.011.79$11,495
Feb 20163822,38426.472.06$15,031
Jan 20161912,56027.352.36$11,277
Dec 20151783,09832.362.00$11,960
Nov 20151892,50538.792.17$12,760
Oct 20151852,44943.552.43$13,999
Sep 20153482,34242.992.76$21,421
Aug 20151711,82040.162.87$12,095
Jul 20153382,33848.152.95$23,160
Jun 20153163,15656.152.88$26,842
May 20151771,99955.212.96$15,680
Apr 20151691,00049.822.71$11,126
Mar 20153492,65742.892.93$22,766
Feb 20153452,66344.662.98$23,333
Jan 20155113,87943.433.10$34,220
Dec 20145263,03754.693.59$39,674
Nov 20143533,08370.464.25$37,981
Oct 20146691,68878.303.90$58,968
Sep 20145352,37886.164.05$55,716
Aug 20143293,26289.394.04$42,572
Jul 20143482,67796.564.18$44,792
Jun 20143352,29498.164.74$43,750
May 20145182,61294.734.73$61,416
Apr 20143523,29995.944.81$49,636
Mar 20144953,95695.895.06$67,470
Feb 20143523,88397.406.19$58,328
Jan 20143433,52190.404.86$48,122
Dec 20136704,99391.824.35$83,261
Nov 20133533,69588.853.74$45,177
Oct 20133403,83597.423.78$47,617
Sep 20136805,367104.113.72$90,748
Aug 20138416,746104.253.52$111,438
Jul 20133454,351102.523.72$51,545
Jun 20135115,29894.403.93$69,078
May 20138577,65894.834.15$113,043
Apr 20138806,95593.964.28$112,470
Mar 20135293,43293.623.91$62,954
Feb 20137064,80991.233.42$80,855
Jan 20131,2034,94891.603.42$127,117
Dec 20121,1996,39386.773.42$125,902
Nov 20121,5629,19386.953.62$169,140
Oct 20128934,24889.383.40$94,258
Sep 20126983,23594.672.92$75,521
Aug 20120092.662.91$0
Jul 201202085.133.02$60
Jun 20120279.822.52$5
May 201204091.612.49$100
Apr 2012097101.652.00$194
Mar 20121762,249105.052.22$23,486
Feb 20120288101.102.57$740
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201117458584.983.65$16,921
Sep 2011081683.623.99$3,252
Aug 20111661,04183.404.15$18,164
Jul 20111782,17994.144.52$26,600
Jun 201105792.904.64$264
May 20111817498.134.40$18,087
Apr 20110614105.964.33$2,661
Mar 2011069696.364.06$2,824
Feb 2011074885.644.18$3,127
Jan 20111671,08686.504.59$19,429
Dec 201001,18885.734.35$5,165
Nov 20101752,07480.843.80$22,019
Oct 201001,87078.103.51$6,562
Sep 20101691,25572.633.98$17,269
Aug 201001,03773.684.42$4,583
Jul 201017790672.554.74$17,133
Jun 201001,14270.364.91$5,608
May 20101801,73571.124.24$20,150
Apr 201001,23981.694.12$5,108
Mar 20101791,84078.394.39$22,107
Feb 20101811,49173.585.44$21,433
Jan 201001,43174.365.96$8,535
Dec 20091811,16671.445.48$19,325
Nov 20092841,78774.593.75$27,887
Oct 20091782,18872.544.11$21,905
Sep 20091801,58465.543.06$16,652
Aug 20091792,31667.423.22$19,522
Jul 20093623,12561.133.46$32,956
Jun 20091843,21266.163.90$24,684
May 200901,90154.743.93$7,463
Apr 20091801,38046.773.59$13,369
Mar 200901,83642.144.06$7,452
Feb 200901,57232.814.63$7,283
Jan 20091851,50335.865.37$14,707
Dec 200802,04837.105.98$12,241
Nov 200801,83655.496.86$12,596
Oct 20081711,30275.246.92$21,878
Sep 200801,450101.767.88$11,422
Aug 20081861,532114.228.48$34,241
Jul 200801,536131.0811.39$17,494
Jun 20081762,131131.3313.03$50,887
May 20081172,368123.1711.57$41,819
Apr 20081831,605110.3110.45$36,967
Mar 200802,786101.909.66$26,924
Feb 200818035992.538.77$19,804
Jan 200801,12990.388.21$9,264
Dec 20071641,19888.337.30$23,234
Nov 200701,42391.677.29$10,376
Oct 20071941,98882.856.92$29,834
Sep 200702,11375.846.24$13,194
Aug 20071922,37669.066.39$28,437
Jul 200701,75670.906.39$11,217
Jun 20071632,34662.007.55$27,815
May 200702,40958.747.85$18,902
Apr 20071862,56459.617.81$31,100
Mar 200702,77256.927.30$20,241
Feb 20071842,32855.108.22$29,265
Jan 200702,04950.306.73$13,783
Dec 20061902,26456.656.92$26,427
Nov 200602,57654.207.62$19,623
Oct 20061803,03254.906.01$28,116
Sep 200603,32960.085.04$16,769
Aug 20061883,34968.717.34$37,499
Jul 20061841,79469.376.34$24,143
Jun 20061782,39666.286.38$27,094
May 200603,21066.016.42$20,624
Apr 20063542,85864.397.36$43,830
Mar 200602,85256.707.08$20,200
Feb 200602,33457.597.75$18,091
Jan 2006163060.598.93$9,876
Dec 2005017254.9413.42$2,307
Nov 20051633,85654.6910.59$49,743
Oct 200503,22358.3413.80$44,464
Sep 20051734,06961.4512.08$59,780
Aug 20051863,82661.519.80$48,924
Jul 20051893,09955.697.84$34,833
Jun 200501,89752.337.38$14,002
May 20051852,07345.226.65$22,154
Apr 200501,05049.207.36$7,729
Mar 20053511,36750.377.15$27,461
Feb 20051841,99445.226.31$20,906
Jan 20051863,62143.166.32$30,920
Dec 20041702,03139.866.75$20,488
Nov 20043803,90745.286.33$41,939
Oct 200402,01249.706.52$13,108
Sep 20041853,47543.245.28$26,361
Aug 20041833,29142.375.55$26,021
Jul 20045224,91338.286.08$49,874
Jun 20043763,37536.106.43$35,285
May 20041896,60837.486.49$50,000
Apr 20045436,68534.475.86$57,881
Mar 20047197,49934.365.53$66,175
Feb 20041865,63832.455.51$37,099
Jan 20043856,73932.036.30$54,785
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003016228.174.76$771
Sep 2003013026.314.75$617
Aug 200309629.765.13$492
Jul 2003011929.415.17$615
Jun 2003010428.565.98$622
May 2003015426.595.97$920
Apr 2003013226.675.41$714
Mar 200319022031.146.10$7,258
Feb 2003013933.487.93$1,102
Jan 2003022630.315.58$1,262
Dec 2002016326.914.85$791
Nov 200208724.664.14$360
Oct 2002013226.464.23$558
Sep 2002014527.443.64$527
Aug 2002017725.963.16$560
Jul 2002017224.583.06$527
Jun 2002010723.733.34$357
May 2002017424.663.58$624
Apr 2002020323.653.51$713
Mar 2002013422.003.10$416
Feb 200266518.222.38$264
Jan 2002142017.172.38$2,438
Dec 20012016.932.36$34
Nov 2001194018.072.41$3,506
Oct 2001737419.782.53$1,084
Sep 2001321624.262.25$559
Aug 200119024.873.05$300
Jul 20012023.933.20$48
Jun 2001617924.563.82$832
May 200117430925.524.31$5,771
Apr 2001131824.685.34$1,721
Mar 2001420624.545.38$1,206
Feb 2001280127.755.77$4,675
Jan 2001217427.478.40$1,516
Dec 2000022526.889.12$2,053
Nov 200005132.215.66$289
Oct 200021,02531.235.15$5,337
Sep 200017620131.875.19$6,652
Aug 20006029.644.54$178
Jul 2000015328.534.09$626
Jun 2000235029.304.40$1,598
May 2000443627.263.68$1,713
Apr 2000188024.513.12$4,608
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000024425.272.48$605
Dec 1999014224.282.42$344
Nov 199917512823.192.43$4,370
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 1999172017.892.37$3,077
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199902815.102.21$62
Mar 19991663512.471.84$2,134
Feb 199901,9609.981.82$3,563
Jan 19991871,68710.381.90$5,146
Dec 199817809.201.77$1,638
Nov 19981844,48510.892.19$11,807
Oct 19981914,57412.421.97$11,379
Sep 19981705,05312.592.08$12,664
Aug 19981884,49711.301.91$10,702
Jul 199805,28011.742.24$11,813
Jun 19987037,28911.242.24$24,209
May 199808,39212.622.21$18,516
Apr 19983721,87513.042.51$9,548
Mar 199816,47212.802.31$14,960
Feb 19983663,44313.952.30$13,022
Jan 19983152,90214.702.15$10,884
Dec 19973385,98116.322.41$19,937
Nov 19971786,79618.193.09$24,226
Oct 19971675,13019.253.15$19,373
Sep 19973527,46717.742.95$28,309
Aug 19971827,30817.862.55$21,921
Jul 19973798,35517.582.25$25,436
Jun 19973678,00817.242.26$24,403
May 1997077718.972.31$1,794
Apr 19973565,67417.882.08$18,183
Mar 199789011,37918.951.94$38,931
Feb 199771712,71520.492.21$42,739
Jan 19971,06716,72823.483.54$84,265
Dec 19961,44216,08123.32$33,627
Nov 19961,06212,20521.97$23,332
Oct 19961,97715,99423.31$46,084
Sep 19961,40018,50222.22$31,108
Aug 19961,90318,07720.26$38,555
Jul 19961,76721,39719.55$34,545
Jun 19962,15822,52318.73$40,419
May 19963,16824,82119.43$61,554
Apr 199613,79321.51$22

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.

Feb 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 63.50 =         $0
Casinghead gas         1 Mcf  × $  3.75 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/22971 is the state's own key, not one this site invented.