HANCOCK

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 23207District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$7.2 M
Aug 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
358
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
OilDisposition197,971 bbl$6,574,458
Casinghead gasProduction179,502 Mcf$606,632
Total$7,181,089

26,565 Mcf of this lease's gas, across 5 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 (358)

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

358 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 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 20181065.142.93$65
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 201518338.792.17$219
Oct 201508743.552.43$211
Sep 201507742.992.76$212
Aug 201504040.162.87$115
Jul 201504848.152.95$141
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 201402370.464.25$98
Oct 201463078.303.90$4,933
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 20144097.406.19$390
Jan 2014257990.404.86$2,644
Dec 201338144491.824.35$36,917
Nov 20131,28541388.853.74$115,716
Oct 201393743597.423.78$92,927
Sep 20131,482271104.113.72$155,299
Aug 2013749351104.253.52$79,320
Jul 2013748366102.523.72$78,046
Jun 201318928294.403.93$18,951
May 201319056894.834.15$20,374
Apr 201353057493.964.28$52,257
Mar 201366074893.623.91$64,716
Feb 201385442091.233.42$79,347
Jan 201355647891.603.42$52,564
Dec 201219118086.773.42$17,189
Nov 2012055786.953.62$2,019
Oct 201270735489.383.40$64,395
Sep 2012027494.672.92$800
Aug 201218747292.662.91$18,700
Jul 2012033485.133.02$1,009
Jun 2012047979.822.52$1,207
May 2012053691.612.49$1,334
Apr 2012371672101.652.00$39,054
Mar 2012373303105.052.22$39,857
Feb 201210101.102.57$101
Jan 201218314098.092.73$18,333
Dec 20111096.873.24$97
Nov 2011194095.723.31$18,570
Oct 20110084.983.65$0
Sep 201138014783.623.99$32,362
Aug 2011049583.404.15$2,054
Jul 2011022394.144.52$1,007
Jun 2011058492.904.64$2,710
May 201154272398.134.40$56,371
Apr 2011197474105.964.33$22,928
Mar 201115096.364.06$299
Feb 2011034285.644.18$1,430
Jan 201137536086.504.59$34,089
Dec 201018952485.734.35$18,481
Nov 2010658780.843.80$2,713
Oct 201019876378.103.51$18,141
Sep 201018547972.633.98$15,343
Aug 201019362973.684.42$17,000
Jul 201018171672.554.74$16,523
Jun 201018749770.364.91$15,598
May 201035564271.124.24$27,967
Apr 201037245081.694.12$32,244
Mar 2010033178.394.39$1,453
Feb 201019265673.585.44$17,698
Jan 201054994374.365.96$46,448
Dec 2009186471.445.48$4,809
Nov 200918461074.593.75$16,013
Oct 200918570572.544.11$16,318
Sep 200937592265.543.06$27,403
Aug 200918570167.423.22$14,729
Jul 200936974361.133.46$25,131
Jun 200938344966.163.90$27,088
May 200956836054.743.93$32,506
Apr 2009031846.773.59$1,141
Mar 2009019142.144.06$775
Feb 2009015532.814.63$718
Jan 2009044635.865.37$2,395
Dec 2008051337.105.98$3,066
Nov 200858064255.496.86$36,589
Oct 2008051875.246.92$3,586
Sep 2008584257101.767.88$61,452
Aug 2008968195114.228.48$112,219
Jul 2008774211131.0811.39$103,859
Jun 20080271131.3313.03$3,532
May 2008187485123.1711.57$28,646
Apr 2008393359110.3110.45$47,105
Mar 20081,168539101.909.66$124,228
Feb 200859153792.538.77$59,395
Jan 200856290990.388.21$58,253
Dec 20071,19159988.337.30$109,575
Nov 200739565091.677.29$40,949
Oct 200717978582.856.92$20,264
Sep 200735354075.846.24$30,143
Aug 200739348369.066.39$30,226
Jul 200717564970.906.39$16,553
Jun 200758348362.007.55$39,792
May 200739019758.747.85$24,454
Apr 200739738459.617.81$26,662
Mar 200758448956.927.30$36,812
Feb 2007029055.108.22$2,383
Jan 200738431050.306.73$21,401
Dec 200677815556.656.92$45,146
Nov 200651314254.207.62$28,886
Oct 200618314654.906.01$10,925
Sep 200618958660.085.04$14,307
Aug 200673343568.717.34$53,557
Jul 20069313469.376.34$64,799
Jun 200618721066.286.38$13,735
May 200673724966.016.42$50,249
Apr 200690063164.397.36$62,595
Mar 20061,08236756.707.08$63,949
Feb 200638077957.597.75$27,922
Jan 20061,26854660.598.93$81,706
Dec 20051,10739954.9413.42$66,171
Nov 200537527254.6910.59$23,389
Oct 200518815258.3413.80$13,065
Sep 200556352561.4512.08$40,938
Aug 200537073561.519.80$29,959
Jul 200574259555.697.84$45,989
Jun 200554168852.337.38$33,389
May 20051861,26945.226.65$16,851
Apr 200537366449.207.36$23,239
Mar 2005055150.377.15$3,942
Feb 200534838245.226.31$18,148
Jan 200537511243.166.32$16,893
Dec 200437262039.866.75$19,014
Nov 200455848945.286.33$28,362
Oct 200437142749.706.52$21,221
Sep 200418859543.245.28$11,273
Aug 20043718342.375.55$16,180
Jul 200419153938.286.08$10,591
Jun 200455756936.106.43$23,768
May 200474330037.486.49$29,796
Apr 200455722734.475.86$20,530
Mar 2004018934.365.53$1,045
Feb 200419820332.455.51$7,544
Jan 20041916632.036.30$6,534
Dec 20033744630.266.30$11,607
Nov 2003023428.804.60$1,075
Oct 200375016528.174.76$21,913
Sep 200337451326.314.75$12,276
Aug 200354932929.765.13$18,026
Jul 20031,15248229.415.17$36,373
Jun 200357690728.565.98$21,877
May 20039211,08226.595.97$30,952
Apr 200390481526.675.41$28,517
Mar 200371763931.146.10$26,223
Feb 20031,27585233.487.93$49,440
Jan 200389058830.315.58$30,258
Dec 20025001,17626.914.85$19,163
Nov 20021,0901,44724.664.14$32,866
Oct 20021,0981,41426.464.23$35,033
Sep 20021,0711,70227.443.64$35,575
Aug 20021,0672,20225.963.16$34,667
Jul 20021,7862,91224.583.06$52,816
Jun 20021,2642,73323.733.34$39,118
May 20021,6303,15924.663.58$51,518
Apr 20021,6311,49723.653.51$43,831
Mar 20021,6242,17422.003.10$42,473
Feb 20022,1581,90518.222.38$43,844
Jan 20022,1391,95317.172.38$41,366
Dec 20011,6164,40316.932.36$37,769
Nov 20012,6873,47418.072.41$56,911
Oct 20012,6682,21119.782.53$58,364
Sep 20013,72410624.262.25$90,583
Aug 20011,4304224.873.05$35,692
Jul 200134246123.933.20$9,658
Jun 200172324224.563.82$18,682
May 20011863325.524.31$4,889
Apr 20013782524.685.34$9,462
Mar 20013552224.545.38$8,830
Feb 20015523127.755.77$15,497
Jan 20013722527.478.40$10,429
Dec 200035048426.889.12$13,823
Nov 200019229832.215.66$7,870
Oct 20003604331.235.15$11,464
Sep 20001045931.875.19$2,699
Aug 200018690429.644.54$9,618
Jul 20006991,08328.534.09$24,372
Jun 20007451,16629.304.40$26,956
May 200091884427.263.68$28,130
Apr 200073651024.513.12$19,629
Mar 20001,09615428.422.86$31,589
Feb 20001115427.622.73$724
Jan 200037714125.272.48$9,877
Dec 199955251524.282.42$14,651
Nov 199956757923.192.43$14,558
Oct 199936554820.982.80$9,194
Sep 19995451,40121.752.62$15,523
Aug 199954970219.262.88$12,592
Jul 19995491,18317.892.37$12,628
Jun 19998951,40115.942.36$17,576
May 19991,1071,27915.792.32$20,448
Apr 199918562315.102.21$4,169
Mar 199972791912.471.84$10,755
Feb 19998889419.981.82$10,573
Jan 19997231,03110.381.90$9,464
Dec 19987419369.201.77$8,477
Nov 199891085410.892.19$11,777
Oct 199872795812.421.97$10,916
Sep 199889580112.592.08$12,936
Aug 19981,22988411.301.91$15,574
Jul 19981,39493711.742.24$18,462
Jun 19982,16387311.242.24$26,265
May 19981,6151,10012.622.21$22,808
Apr 19981,0931,13513.042.51$17,096
Mar 19981,1001,17612.802.31$16,796
Feb 19981,6481,21913.952.30$25,792
Jan 19989131,41914.702.15$16,479
Dec 19971,0941,58816.322.41$21,683
Nov 19973,0512,23918.193.09$62,412
Oct 19971,2682,35019.253.15$31,811
Sep 19971,6282,00317.742.95$34,799
Aug 19972,5442,30017.862.55$51,312
Jul 19973,4351,91117.582.25$64,681
Jun 19972,3641,26517.242.26$43,611
May 19974,3331,66018.972.31$86,029
Apr 19973,0602,51917.882.08$59,959
Mar 19975,7984,90818.951.94$119,389
Feb 19973,4782,57820.492.21$76,951
Jan 19973,1102,56823.483.54$82,113
Dec 19962,3662,88723.32$55,175
Nov 19962,7435,59321.97$60,264
Oct 199610,8537,06423.31$252,983
Sep 199615,4566,81522.22$343,432
Aug 199617,6654,20620.26$357,893

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.

Jul 2018 — as filed, then multipliedworked
Oil                    1 bbl  × $ 65.14 =        $65
Casinghead gas         0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                      $65

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/23207 is the state's own key, not one this site invented.