LIGHTSEY-MCGEE 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 23278District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$12.6 M
Apr 1997 – May 2026
Value, last 12 filed months
$245 k
at the published price for each month
Months reported
350
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
OilDisposition261,152 bbl$11,672,503
Casinghead gasProduction207,173 Mcf$913,366
Total$12,585,869

Every month this lease reported (350)

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

350 months

May 2026359177106.413.05$38,740
Apr 202618414498.932.87$18,616
Mar 202617917289.753.15$16,607
Feb 202635915163.503.75$23,363
Jan 202619020559.138.00$12,874
Dec 202535723156.664.41$21,247
Nov 202517319858.593.93$10,914
Oct 202536223759.383.30$22,279
Sep 202532622762.743.08$21,152
Aug 202536014763.933.01$23,458
Jul 2025178566.743.32$11,896
Jun 20253512066.483.13$23,397
May 202535818660.553.23$22,278
Apr 202536325662.363.54$23,544
Mar 202535419867.704.27$24,811
Feb 202518423170.884.34$14,045
Jan 202535118574.324.28$26,878
Dec 202454827268.993.12$38,656
Nov 202433827169.052.20$23,935
Oct 202435822471.372.28$26,061
Sep 202436231369.612.36$25,939
Aug 202437120875.632.06$28,488
Jul 202436723879.932.15$29,845
Jun 202436623778.082.63$29,202
May 202436221578.812.20$29,002
Apr 202436519984.451.66$31,154
Mar 202454230180.301.55$43,988
Feb 202452229776.091.78$40,249
Jan 202454031573.023.30$40,470
Dec 202357631171.262.61$41,858
Nov 202355514877.892.81$43,644
Oct 202394845485.443.09$82,399
Sep 202318522889.042.74$17,096
Aug 202319019380.522.67$15,815
Jul 202319022574.852.64$14,816
Jun 202318525468.962.26$13,331
May 202333832570.622.23$24,593
Apr 2023021178.122.24$472
Mar 202317122072.852.39$12,984
Feb 2023171275.112.47$12,849
Jan 202303676.533.39$122
Dec 202216624076.415.73$14,059
Nov 202217121185.005.65$15,726
Oct 202209787.185.86$569
Sep 20220384.888.16$24
Aug 202201594.529.13$137
Jul 2022171122101.587.54$18,290
Jun 2022176235115.097.98$22,130
May 2022170231109.378.43$20,541
Apr 2022164212104.226.84$18,542
Mar 2022184289108.885.08$21,501
Feb 202217223291.054.86$16,788
Jan 202217527881.844.54$15,583
Dec 202116034571.323.90$12,756
Nov 202117032377.435.24$14,855
Oct 202116629179.795.71$14,908
Sep 202115922169.865.35$12,290
Aug 2021012566.024.22$528
Jul 202117812470.783.98$13,093
Jun 2021012169.493.38$409
May 202117014463.483.02$11,226
Apr 2021022260.362.76$612
Mar 202118313561.302.72$11,585
Feb 2021017157.805.55$949
Jan 202118031750.412.81$9,965
Dec 202018332144.642.68$9,028
Nov 2020021138.772.71$571
Oct 202018430736.972.48$7,563
Sep 202017128037.091.99$6,900
Aug 202016629139.982.39$7,331
Jul 202035726138.371.83$14,174
Jun 202017724134.901.69$6,585
May 202018733716.921.81$3,776
Apr 202017238014.751.80$3,223
Mar 202033840030.341.86$10,997
Feb 202034739349.881.98$18,087
Jan 202033541757.252.09$20,052
Dec 201934841159.012.30$21,483
Nov 201934963555.302.75$21,046
Oct 201971881253.472.42$40,355
Sep 2019012955.052.66$343
Aug 201902453.112.30$55
Jul 201917134556.272.46$10,471
Jun 201916532852.782.49$9,526
May 201917933058.482.74$11,372
Apr 201916742662.632.75$11,631
Mar 201917341956.803.06$11,109
Feb 201925845050.852.79$14,376
Jan 201934155346.033.23$17,481
Dec 201837554546.594.19$19,752
Nov 201819355952.934.24$12,584
Oct 201831863461.443.40$21,692
Sep 201846859959.543.11$29,726
Aug 201819157859.403.07$13,118
Jul 201836562865.142.93$25,617
Jun 201852463160.183.08$33,476
May 201818860465.382.90$14,044
Apr 201836753463.842.90$24,978
Mar 201857563961.222.79$36,982
Feb 2018057761.782.77$1,596
Jan 201854163162.874.01$36,543
Dec 201719366157.272.92$12,984
Nov 201755869455.423.12$33,089
Oct 201718467749.292.98$11,089
Sep 201755864347.523.09$28,501
Aug 20173701,01545.373.00$19,836
Jul 201736314543.873.09$16,372
Jun 201736768942.493.09$17,721
May 201737771945.373.26$19,451
Apr 201737873547.933.21$20,478
Mar 201735774346.772.98$18,914
Feb 201753059850.452.95$28,504
Jan 201717672649.413.42$11,178
Dec 201635378848.763.72$20,146
Nov 201636568142.492.64$17,310
Oct 201654177646.193.09$27,387
Sep 201635971341.553.10$17,127
Aug 201672877541.442.92$32,435
Jul 201636162241.622.92$16,844
Jun 201635970145.352.69$18,163
May 201652388742.521.99$24,004
Apr 201618624836.561.99$7,294
Mar 201657180933.011.79$20,300
Feb 201638387526.472.06$11,944
Jan 201653468327.352.36$16,220
Dec 201554178432.362.00$19,076
Nov 201557182638.792.17$23,939
Oct 201536975743.552.43$17,907
Sep 201517412042.992.76$7,811
Aug 201537769040.162.87$17,122
Jul 201536763948.152.95$19,553
Jun 201554066056.152.88$32,224
May 201536770755.212.96$22,352
Apr 201536358449.822.71$19,665
Mar 201536755642.892.93$17,372
Feb 201519443244.662.98$9,950
Jan 201518751943.433.10$9,731
Dec 201435459554.693.59$21,497
Nov 201436767470.464.25$28,725
Oct 201437259478.303.90$31,445
Sep 201436142886.164.05$32,835
Aug 201419058289.394.04$19,333
Jul 201436360796.564.18$37,588
Jun 201436374398.164.74$39,152
May 2014042094.734.73$1,985
Apr 201456267795.944.81$57,174
Mar 201437180295.895.06$39,631
Feb 201454979697.406.19$58,401
Jan 201455785590.404.86$54,509
Dec 201337979591.824.35$38,262
Nov 201337376588.853.74$36,001
Oct 201335990597.423.78$38,394
Sep 2013541949104.113.72$59,852
Aug 20135591,082104.253.52$62,087
Jul 2013179337102.523.72$19,604
Jun 201354660894.403.93$53,934
May 201354792494.834.15$55,706
Apr 201337175793.964.28$38,101
Mar 201372386893.623.91$71,084
Feb 201319014591.233.42$17,830
Jan 201354769591.603.42$52,482
Dec 201236182786.773.42$34,152
Nov 201236882686.953.62$34,992
Oct 201254193189.383.40$51,520
Sep 201253960494.672.92$52,790
Aug 201236592692.662.91$36,514
Jul 201272619785.133.02$62,399
Jun 201254894179.822.52$46,112
May 201255270991.612.49$52,333
Apr 2012558831101.652.00$58,380
Mar 2012392833105.052.22$43,031
Feb 2012556728101.102.57$58,083
Jan 201258175498.092.73$59,052
Dec 201137277096.873.24$38,530
Nov 201155574995.723.31$55,605
Oct 201157584184.983.65$51,932
Sep 201156487183.623.99$50,633
Aug 201155987883.404.15$50,264
Jul 201156783394.144.52$57,140
Jun 201138584492.904.64$39,683
May 201155283098.134.40$57,824
Apr 2011551776105.964.33$61,747
Mar 201157085696.364.06$58,398
Feb 201156977185.644.18$51,952
Jan 201157360686.504.59$52,345
Dec 201057066385.734.35$51,749
Nov 201074867980.843.80$63,045
Oct 201055863078.103.51$45,790
Sep 201055080572.633.98$43,150
Aug 201054380573.684.42$43,566
Jul 201072388172.554.74$56,627
Jun 201056483970.364.91$43,803
May 201056882471.124.24$43,886
Apr 201075074881.694.12$64,351
Mar 201074175178.394.39$61,383
Feb 201074570673.585.44$58,659
Jan 201073174074.365.96$58,771
Dec 200954680971.445.48$43,443
Nov 200974488174.593.75$58,800
Oct 200954388372.544.11$43,019
Sep 200990393465.543.06$62,045
Aug 200972798267.423.22$52,175
Jul 200973194461.133.46$47,957
Jun 200978275366.163.90$54,670
May 200977794954.743.93$46,259
Apr 200976689446.773.59$39,033
Mar 200977987342.144.06$36,371
Feb 200977281332.814.63$29,096
Jan 200974693735.865.37$31,784
Dec 200898786737.105.98$41,800
Nov 200876291455.496.86$48,554
Oct 200896893675.246.92$79,311
Sep 2008962835101.767.88$104,470
Aug 2008955859114.228.48$116,367
Jul 2008982621131.0811.39$135,793
Jun 2008976421131.3313.03$133,665
May 2008984806123.1711.57$130,528
Apr 20089801,038110.3110.45$118,956
Mar 20081,3641,207101.909.66$150,656
Feb 20081,5601,34392.538.77$156,126
Jan 200839619390.388.21$37,374
Dec 20070188.337.30$7
Nov 200759472391.677.29$59,724
Oct 200777278582.856.92$69,394
Sep 200758661975.846.24$48,307
Aug 200778680369.066.39$59,411
Jul 200759773270.906.39$47,003
Jun 200778881662.007.55$55,016
May 200757774058.747.85$39,699
Apr 200778375359.617.81$52,552
Mar 200778560856.927.30$49,122
Feb 200758559255.108.22$37,097
Jan 200775483350.306.73$43,530
Dec 200678185456.656.92$50,152
Nov 200696280354.207.62$58,257
Oct 200676369454.906.01$46,062
Sep 200675375960.085.04$49,063
Aug 200692675268.717.34$69,145
Jul 200675185769.376.34$57,533
Jun 200693784566.286.38$67,499
May 200694294366.016.42$68,240
Apr 200692699764.397.36$66,964
Mar 200693383656.707.08$58,822
Feb 200675278657.597.75$49,400
Jan 20061,1151,00960.598.93$76,572
Dec 200594194454.9413.42$64,363
Nov 20059111,00954.6910.59$60,506
Oct 20051,27994158.3413.80$87,599
Sep 200554847761.4512.08$39,436
Aug 20051,11250261.519.80$73,317
Jul 200593448355.697.84$55,803
Jun 20051,26971352.337.38$71,669
May 20051,27384645.226.65$63,192
Apr 20051,10396349.207.36$61,356
Mar 20051,47262750.377.15$78,631
Feb 20051,08637945.226.31$51,501
Jan 20051,49086043.166.32$69,745
Dec 20041,51585839.866.75$66,180
Nov 20041,49099545.286.33$73,766
Oct 20041,49994949.706.52$80,683
Sep 20041,30282343.245.28$60,647
Aug 20041,50074642.375.55$67,696
Jul 20041,30163238.286.08$53,647
Jun 200496447936.106.43$37,882
May 20041,49792737.486.49$62,128
Apr 20041,8821,39034.475.86$73,016
Mar 20042,2601,41934.365.53$85,501
Feb 20041,9041,44432.455.51$69,741
Jan 20042,7952,32332.036.30$104,158
Dec 20032,4141,20230.266.30$80,622
Nov 20032,23267128.804.60$67,365
Oct 20032,95966328.174.76$86,511
Sep 20033,52490326.314.75$97,005
Aug 20034,7781,52229.765.13$150,001
Jul 20034029.415.17$118
Jun 20033794628.565.98$11,099
May 200355911026.595.97$15,521
Apr 200355811126.675.41$15,482
Mar 200337211131.146.10$12,261
Feb 200368710633.487.93$23,841
Jan 200336618230.315.58$12,109
Dec 200273715826.914.85$20,600
Nov 200270716424.664.14$18,113
Oct 200236621726.464.23$10,602
Sep 200254328727.443.64$15,943
Aug 200288537925.963.16$24,174
Jul 200291440024.583.06$23,691
Jun 200236225723.733.34$9,448
May 20023509924.663.58$8,986
Apr 200270313223.653.51$17,090
Mar 200269717822.003.10$15,886
Feb 200253017518.222.38$10,072
Jan 200271021717.172.38$12,706
Dec 200170327516.932.36$12,552
Nov 200170424118.072.41$13,301
Oct 200171527619.782.53$14,841
Sep 200170527324.262.25$17,718
Aug 200170631824.873.05$18,529
Jul 200169529623.933.20$17,578
Jun 200171128424.563.82$18,548
May 200169929425.524.31$19,105
Apr 200153635824.685.34$15,139
Mar 20011,06836424.545.38$28,166
Feb 200171335127.755.77$21,810
Jan 200171751427.478.40$24,013
Dec 20001,07648226.889.12$33,320
Nov 200088048232.215.66$31,072
Oct 200071657231.235.15$25,304
Sep 200089043931.875.19$30,641
Aug 20001,05653229.644.54$33,716
Jul 200088649828.534.09$27,314
Jun 20001,06449029.304.40$33,330
May 200069146627.263.68$20,551
Apr 200088046524.513.12$23,018
Mar 20001,06345828.422.86$31,520
Feb 200089642527.622.73$25,906
Jan 20001,06545925.272.48$28,051
Dec 199989750424.282.42$23,001
Nov 19991,24046323.192.43$29,883
Oct 199990751220.982.80$20,464
Sep 199989248921.752.62$20,682
Aug 19991,24738319.262.88$25,119
Jul 19991,06860417.892.37$20,539
Jun 19991,43264015.942.36$24,338
May 199991367515.792.32$15,983
Apr 19991,28167715.102.21$20,838
Mar 19991,45631512.471.84$18,735
Feb 19991,26119.981.82$12,587
Jan 19991,4581,09710.381.90$17,218
Dec 19981,3781,2749.201.77$14,937
Nov 19981,6231,02710.892.19$19,919
Oct 19981,81097112.421.97$24,392
Sep 19981,7971,08212.592.08$24,878
Aug 19981,79752211.301.91$21,302
Jul 19981,43741511.742.24$17,799
Jun 19982,1641,07311.242.24$26,724
May 19982,5121,09812.622.21$34,124
Apr 19981,79697413.042.51$25,860
Mar 19981,98588012.802.31$27,440
Feb 19982,52197413.952.30$37,407
Jan 19982,7131,22714.702.15$42,525
Dec 19972,7031,11516.322.41$46,801
Nov 19972,7151,05318.193.09$52,638
Oct 19972,6732,04019.253.15$57,881
Sep 19973,5643,26217.742.95$72,864
Aug 19973,8971,94017.862.55$74,557
Jul 19974,8142,89117.582.25$91,126
Jun 19975,4061,01817.242.26$95,497
May 19979,329018.972.31$176,971
Apr 19970017.882.08$0

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.

May 2026 — as filed, then multipliedworked
Oil                  359 bbl  × $106.41 =    $38,201
Casinghead gas       177 Mcf  × $  3.05 =       $539

────────────────────────────────────────────────────
Month total                                  $38,740

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/23278 is the state's own key, not one this site invented.