LORIA, JOSEPHINE UNIT

Operated by WILDFIRE ENERGY OPERATING LLC (P-5 923444) 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 23424District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$7.4 M
Sep 1997 – May 2026
Value, last 12 filed months
$442 k
at the published price for each month
Months reported
345
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
OilDisposition124,454 bbl$7,045,523
Casinghead gasProduction115,937 Mcf$383,828
Total$7,429,351

Every month this lease reported (345)

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

345 months

May 2026546214106.413.05$58,752
Apr 20265354498.932.87$53,054
Mar 20263582889.753.15$32,219
Feb 20265414663.503.75$34,526
Jan 202654231259.138.00$34,544
Dec 202535236956.664.41$21,573
Nov 202553137358.593.93$32,576
Oct 202554829759.383.30$33,522
Sep 202553337462.743.08$34,591
Aug 202553443763.933.01$35,456
Jul 202552822266.743.32$35,975
Jun 20255331766.483.13$35,487
May 202535623660.553.23$22,319
Apr 202553540062.363.54$34,780
Mar 202553740767.704.27$38,092
Feb 202553535270.884.34$39,449
Jan 202552635774.324.28$40,620
Dec 20245388668.993.12$37,385
Nov 202470620469.052.20$49,198
Oct 20245364571.372.28$38,357
Sep 20245209669.612.36$36,424
Aug 202452610575.632.06$39,998
Jul 2024524079.932.15$41,883
Jun 2024705078.082.63$55,046
May 2024537078.812.20$42,321
Apr 20245423584.451.66$45,830
Mar 202453617980.301.55$43,317
Feb 202453913076.091.78$41,244
Jan 202454810073.023.30$40,345
Dec 20235458671.262.61$39,061
Nov 202335928577.892.81$28,763
Oct 2023184185.443.09$15,724
Sep 2023178689.042.74$15,866
Aug 2023176080.522.67$14,172
Jul 202335518974.852.64$27,071
Jun 202318113168.962.26$12,778
May 202317428870.622.23$12,929
Apr 202335837078.122.24$28,795
Mar 202336031372.852.39$26,975
Feb 202334834075.112.47$26,977
Jan 202317438876.533.39$14,631
Dec 202235544476.415.73$29,669
Nov 202234840685.005.65$31,872
Oct 202235219687.185.86$31,837
Sep 202234935084.888.16$32,480
Aug 202235743494.529.13$37,705
Jul 2022346466101.587.54$38,661
Jun 2022353427115.097.98$44,033
May 2022340452109.378.43$40,998
Apr 2022529448104.226.84$58,196
Mar 2022354433108.885.08$40,742
Feb 202234943391.054.86$33,880
Jan 202253029881.844.54$44,727
Dec 202136640671.323.90$27,686
Nov 202133937677.435.24$28,218
Oct 202135026879.795.71$29,458
Sep 202153511069.865.35$37,964
Aug 202136511066.024.22$24,562
Jul 202135628770.783.98$26,341
Jun 202153522269.493.38$37,928
May 202134921763.483.02$22,809
Apr 202153934660.362.76$33,488
Mar 202152722961.302.72$32,927
Feb 202155519457.805.55$33,155
Jan 20218784250.412.81$44,378
Dec 2020546044.642.68$24,373
Nov 2020170038.772.71$6,591
Oct 2020562036.972.48$20,777
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 202004214.751.80$76
Mar 202009330.341.86$173
Feb 202053426649.881.98$27,163
Jan 202034117057.252.09$19,878
Dec 201935013059.012.30$20,953
Nov 201952418355.302.75$29,481
Oct 201934531953.472.42$19,219
Sep 201935424855.052.66$20,147
Aug 201952715853.112.30$28,353
Jul 201953220656.272.46$30,442
Jun 201935136252.782.49$19,428
May 201917726358.482.74$11,072
Apr 201935137562.632.75$23,015
Mar 201934613456.803.06$20,063
Feb 2019291050.852.79$14,797
Jan 20199111846.033.23$4,570
Dec 20181672946.594.19$7,902
Nov 201819428352.934.24$11,468
Oct 201816627361.443.40$11,127
Sep 20180059.543.11$0
Aug 201818416059.403.07$11,420
Jul 201819221065.142.93$13,123
Jun 201816026860.183.08$10,453
May 201817831765.382.90$12,557
Apr 201818449263.842.90$13,174
Mar 201818349761.222.79$12,588
Feb 201817341961.782.77$11,847
Jan 201837148862.874.01$25,281
Dec 2017020357.272.92$593
Nov 201717747655.423.12$11,294
Oct 201719149249.292.98$10,882
Sep 201736550147.523.09$18,892
Aug 201718850345.373.00$10,041
Jul 201717948043.873.09$9,335
Jun 201719057242.493.09$9,839
May 201718860345.373.26$10,497
Apr 201718658247.933.21$10,784
Mar 201719459046.772.98$10,834
Feb 201734555050.452.95$19,029
Jan 201717756949.413.42$10,691
Dec 201618159748.763.72$11,048
Nov 201618563542.492.64$9,540
Oct 201636464746.193.09$18,813
Sep 201617758541.553.10$9,168
Aug 201619065241.442.92$9,780
Jul 201636151741.622.92$16,537
Jun 201618159345.352.69$9,801
May 201618563742.521.99$9,134
Apr 201635760336.561.99$14,253
Mar 201617464833.011.79$6,906
Feb 201638162626.472.06$11,377
Jan 201618767527.352.36$6,710
Dec 201536869632.362.00$13,301
Nov 201518867538.792.17$8,755
Oct 201536966643.552.43$17,686
Sep 201518564442.992.76$9,730
Aug 201536565440.162.87$16,537
Jul 201537672148.152.95$20,228
Jun 201518068356.152.88$12,076
May 201536266355.212.96$21,945
Apr 201536359449.822.71$19,692
Mar 201536749742.892.93$17,199
Feb 201537244544.662.98$17,938
Jan 201536545443.433.10$17,260
Dec 201436648054.693.59$21,740
Nov 201437349670.464.25$28,390
Oct 201436061478.303.90$30,583
Sep 201454659986.164.05$49,467
Aug 201436562389.394.04$35,141
Jul 201454958796.564.18$55,465
Jun 201418167098.164.74$20,941
May 201436463994.734.73$37,502
Apr 201437168495.944.81$38,883
Mar 201436269895.895.06$38,242
Feb 201433958597.406.19$36,641
Jan 201453867390.404.86$51,906
Dec 201338367291.824.35$38,093
Nov 201337372088.853.74$35,833
Oct 201354782997.423.78$56,422
Sep 2013546874104.113.72$60,093
Aug 2013549823104.253.52$60,132
Jul 20135441,087102.523.72$59,812
Jun 201372192894.403.93$71,713
May 20137251,10894.834.15$73,349
Apr 20135571,02893.964.28$56,738
Mar 20137401,31193.623.91$74,409
Feb 20137361,02191.233.42$70,637
Jan 20137551,40091.603.42$73,946
Dec 20127311,49986.773.42$68,556
Nov 20127371,82286.953.62$70,687
Oct 20127261,85389.383.40$71,189
Sep 20129211,30194.672.92$90,988
Aug 20128962,11492.662.91$89,171
Jul 20121,27615585.133.02$109,094
Jun 20121,0912,46479.822.52$93,291
May 20121,2702,78891.612.49$123,282
Apr 20121,2732,761101.652.00$134,914
Mar 20122,0183,575105.052.22$219,935
Feb 20122,0532,719101.102.57$214,547
Jan 20122,4491,96098.092.73$245,581
Dec 20113,0141,90396.873.24$298,131
Nov 201193752795.723.31$91,435
Oct 201118829984.983.65$17,067
Sep 201138954583.623.99$34,700
Aug 201118256883.404.15$17,536
Jul 201138369494.144.52$39,191
Jun 201137379392.904.64$38,331
May 20113741,00798.134.40$41,136
Apr 20115511,183105.964.33$63,510
Mar 20111,2752,69496.364.06$133,789
Feb 20111,1071,28185.644.18$100,158
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
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 20100073.585.44$0
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 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
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 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
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 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 200033711028.534.09$10,064
Jun 200035526829.304.40$11,580
May 200035315527.263.68$10,193
Apr 200035125924.513.12$9,410
Mar 200053120428.422.86$15,674
Feb 200036212627.622.73$10,342
Jan 20003589725.272.48$9,287
Dec 199953813724.282.42$13,395
Nov 199935923423.192.43$8,895
Oct 199935723720.982.80$8,154
Sep 199935931121.752.62$8,623
Aug 199988633119.262.88$18,016
Jul 199935626617.892.37$7,000
Jun 199970826415.942.36$11,909
May 199935214415.792.32$5,892
Apr 199970810515.102.21$10,923
Mar 19997141712.471.84$8,935
Feb 1999719169.981.82$7,205
Jan 19997143510.381.90$7,478
Dec 1998182339.201.77$1,733
Nov 19981,9391,10110.892.19$23,522
Oct 199835425912.421.97$4,907
Sep 199835029212.592.08$5,015
Aug 19982,09452211.301.91$24,658
Jul 19981,7532811.742.24$20,643
Jun 19989,0313,47911.242.24$109,292
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19981,59599512.802.31$22,714
Feb 19981,9631,41913.952.30$30,646
Jan 19985,71970414.702.15$85,586
Dec 19971,24770416.322.41$22,048
Nov 19972,6601,83118.193.09$54,040
Oct 19973,3642,71319.253.15$73,302
Sep 19970017.742.95$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                  546 bbl  × $106.41 =    $58,100
Casinghead gas       214 Mcf  × $  3.05 =       $652

────────────────────────────────────────────────────
Month total                                  $58,752

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/23424 is the state's own key, not one this site invented.