KAPSER 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 23425District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$33.0 M
Dec 1997 – May 2026
Value, last 12 filed months
$513 k
at the published price for each month
Months reported
342
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
OilDisposition652,457 bbl$31,109,699
Casinghead gasProduction448,499 Mcf$1,932,820
Total$33,042,519

Every month this lease reported (342)

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

342 months

May 2026560745106.413.05$61,859
Apr 202636452398.932.87$37,511
Mar 202670358089.753.15$64,921
Feb 202652268663.503.75$35,720
Jan 202653878359.138.00$38,074
Dec 202552970056.664.41$33,062
Nov 202587259458.593.93$53,423
Oct 202572161259.383.30$44,836
Sep 202586850262.743.08$56,003
Aug 202554070763.933.01$36,654
Jul 202536462266.743.32$26,355
Jun 202534857066.483.13$24,918
May 202553755860.553.23$34,319
Apr 202535856062.363.54$24,309
Mar 202566855467.704.27$47,588
Feb 202536115,59470.884.34$93,279
Jan 202534761074.324.28$28,399
Dec 202452654668.993.12$37,993
Nov 202417317,75969.052.20$50,988
Oct 20247065,64971.372.28$63,275
Sep 202442093269.612.36$31,440
Aug 20245521,11875.632.06$44,055
Jul 20247136,50979.932.15$70,962
Jun 20243516,40878.082.63$44,285
May 20245281,88278.812.20$45,749
Apr 20245362,26584.451.66$49,023
Mar 202451382380.301.55$42,466
Feb 20243521,14576.091.78$28,826
Jan 20243645,75773.023.30$45,564
Dec 20236955,58571.262.61$64,107
Nov 20235435,24577.892.81$57,020
Oct 20236945,93685.443.09$77,621
Sep 20235404,77089.042.74$61,128
Aug 20237105,52980.522.67$71,948
Jul 20235093,89774.852.64$48,394
Jun 20235251,00168.962.26$38,465
May 202371040070.622.23$51,031
Apr 202352378278.122.24$42,607
Mar 202354159672.852.39$40,838
Feb 202390370875.112.47$69,570
Jan 202354394176.533.39$44,744
Dec 202235294676.415.73$32,316
Nov 202218179085.005.65$19,846
Oct 202252893487.185.86$51,508
Sep 202235989084.888.16$37,738
Aug 202217799194.529.13$25,775
Jul 2022357984101.587.54$43,685
Jun 2022544874115.097.98$69,581
May 2022713671109.378.43$83,639
Apr 2022364692104.226.84$42,668
Mar 2022741634108.885.08$83,899
Feb 202254251591.054.86$51,851
Jan 202274764681.844.54$64,066
Dec 202154769771.323.90$41,730
Nov 202170971777.435.24$58,653
Oct 202153868179.795.71$46,818
Sep 202153351769.865.35$40,002
Aug 202169950966.024.22$48,296
Jul 202154254970.783.98$40,549
Jun 202187959969.493.38$63,107
May 202135247563.483.02$23,778
Apr 202153440160.362.76$33,338
Mar 202170978961.302.72$45,605
Feb 202152267957.805.55$33,939
Jan 20215172,09550.412.81$31,949
Dec 20207008144.642.68$31,465
Nov 202054511738.772.71$21,446
Oct 202091336636.972.48$34,661
Sep 202053431937.091.99$20,441
Aug 202070413639.982.39$28,470
Jul 202090812538.371.83$35,068
Jun 202070713234.901.69$24,897
May 202053746716.921.81$9,934
Apr 202090663414.751.80$14,507
Mar 202071457030.341.86$22,721
Feb 202070924849.881.98$35,856
Jan 202037236357.252.09$22,057
Dec 20191,03332159.012.30$61,697
Nov 201972536055.302.75$41,083
Oct 201937075853.472.42$21,617
Sep 201968728055.052.66$38,563
Aug 20191,03127753.112.30$55,395
Jul 201990232056.272.46$51,543
Jun 201953652052.782.49$29,586
May 201935539558.482.74$21,843
Apr 201954349962.632.75$35,381
Mar 201955247056.803.06$32,793
Feb 201954249250.852.79$28,934
Jan 201971554046.033.23$34,655
Dec 201862943946.594.19$31,143
Nov 201871461152.934.24$40,381
Oct 201837578861.443.40$25,718
Sep 201871775659.543.11$45,040
Aug 201873784859.403.07$46,378
Jul 201889085665.142.93$60,484
Jun 201844888060.183.08$29,668
May 201890993265.382.90$62,134
Apr 201873099563.842.90$49,490
Mar 201890892961.222.79$58,177
Feb 201891888961.782.77$59,173
Jan 201871797162.874.01$48,971
Dec 201791284457.272.92$54,696
Nov 201773184755.423.12$43,153
Oct 201791781149.292.98$47,619
Sep 201772488747.523.09$37,143
Aug 20179141,02745.373.00$44,554
Jul 201772894043.873.09$34,839
Jun 20171,10367742.493.09$48,957
May 201771245645.373.26$33,792
Apr 201774441347.933.21$36,986
Mar 20171,004046.772.98$46,957
Feb 201771411350.452.95$36,355
Jan 20171,06936149.413.42$54,053
Dec 201687384848.763.72$45,724
Nov 201672296642.492.64$33,232
Oct 20161,0901,02746.193.09$53,521
Sep 20161,02477041.553.10$44,935
Aug 201668577541.442.92$30,653
Jul 20161,07552941.622.92$46,288
Jun 20161,08368945.352.69$50,965
May 20161,09676742.521.99$48,129
Apr 201674464236.561.99$28,479
Mar 20161,28770033.011.79$43,740
Feb 201693956326.472.06$26,017
Jan 20161,29364327.352.36$36,884
Dec 201591659432.362.00$30,831
Nov 201590777938.792.17$36,871
Oct 20151,2521,00343.552.43$56,958
Sep 20151,2411,09742.992.76$56,377
Aug 20151,1891,05640.162.87$50,784
Jul 201573792348.152.95$38,205
Jun 20151,4731,02656.152.88$85,667
May 20151,30395555.212.96$74,761
Apr 20159401,47349.822.71$50,818
Mar 201592586342.892.93$42,206
Feb 20151,32386644.662.98$61,663
Jan 20151,12995743.433.10$52,000
Dec 20141,52066254.693.59$85,506
Nov 20141,27753470.464.25$92,248
Oct 20141,50979578.303.90$121,256
Sep 201491786486.164.05$82,504
Aug 20141,64477489.394.04$150,080
Jul 20141,31188696.564.18$130,293
Jun 20149651,51098.164.74$101,877
May 20141,18382194.734.73$115,946
Apr 20141,33385195.944.81$131,981
Mar 20141,84693995.895.06$181,761
Feb 20141,20482097.406.19$122,347
Jan 20141,4921,04990.404.86$139,976
Dec 20136891,09991.824.35$68,050
Nov 20131,16972388.853.74$106,568
Oct 20131,84791197.423.78$183,378
Sep 20131,368961104.113.72$145,995
Aug 20131,847836104.253.52$195,495
Jul 20131,718873102.523.72$179,375
Jun 20131,3811,38294.403.93$135,802
May 20132,2271,29394.834.15$216,551
Apr 20131,1931,04093.964.28$116,548
Mar 20131,5291,29693.623.91$148,216
Feb 20131,5311,00391.233.42$143,103
Jan 20131,88888891.603.42$175,978
Dec 20121,37779586.773.42$122,201
Nov 20121,54583386.953.62$137,357
Oct 20121,89580589.383.40$172,112
Sep 20121,88572994.672.92$180,580
Aug 20121,85685992.662.91$174,475
Jul 20121,72775885.133.02$149,309
Jun 20121,55152579.822.52$125,123
May 20121,82793491.612.49$169,696
Apr 20122,2541,725101.652.00$232,564
Mar 20122,0941,304105.052.22$222,872
Feb 20121,5321,306101.102.57$158,242
Jan 20121,7241,19698.092.73$172,377
Dec 20111,83786496.873.24$180,749
Nov 20112,05099695.723.31$199,524
Oct 20112,3771,15984.983.65$206,226
Sep 20111,6981,30683.623.99$147,192
Aug 20112,5051,32783.404.15$214,423
Jul 20112,7061,23694.144.52$260,326
Jun 20112,36691392.904.64$224,038
May 20112,55794898.134.40$255,094
Apr 20112,549939105.964.33$274,161
Mar 20111,7241,27696.364.06$171,302
Feb 20112,2451,06685.644.18$196,718
Jan 20112,9601,93586.504.59$264,919
Dec 20102,5701,15585.734.35$225,348
Nov 20102,4241,38880.843.80$201,224
Oct 20103,4731,40778.103.51$276,178
Sep 20102,0501,62272.633.98$155,346
Aug 20103,4621,26773.684.42$260,679
Jul 20103,3891,05772.554.74$250,878
Jun 20102,7231,03070.364.91$196,648
May 20103,7721,37471.124.24$274,084
Apr 20103,9401,31081.694.12$327,259
Mar 20103,6371,30878.394.39$290,845
Feb 20104,6131,22173.585.44$346,070
Jan 20104,1741,31174.365.96$318,198
Dec 20096,3761,42571.445.48$463,316
Nov 20095,8531,26774.593.75$441,328
Oct 20097,94499972.544.11$580,364
Sep 20097,86990765.543.06$518,514
Aug 200933858667.423.22$24,674
Jul 20091,3651,61161.133.46$89,024
Jun 20091,3261,04566.163.90$91,798
May 20091,3661,21254.743.93$79,533
Apr 20091,3681,21946.773.59$68,355
Mar 20091,0441,18242.144.06$48,792
Feb 20091,37890432.814.63$49,400
Jan 20091,3881,52135.865.37$57,943
Dec 20081,5341,26337.105.98$64,461
Nov 20081,3301,40155.496.86$83,413
Oct 20081,7181,20875.246.92$137,624
Sep 20081,6801,111101.767.88$179,708
Aug 20081,8642,326114.228.48$232,638
Jul 20081,3521,052131.0811.39$189,202
Jun 20081,3861,154131.3313.03$197,063
May 2008856891123.1711.57$115,746
Apr 20081,2121,168110.3110.45$145,907
Mar 20081,3672,315101.909.66$161,670
Feb 20081,20199892.538.77$119,882
Jan 200869883990.388.21$69,970
Dec 20071,3451,32088.337.30$128,442
Nov 20071,2301,50191.677.29$123,699
Oct 20071,3951,57482.856.92$126,471
Sep 20078651,29375.846.24$73,675
Aug 20071,5591,50069.066.39$117,246
Jul 20071,2421,61170.906.39$98,349
Jun 20071,1781,17862.007.55$81,928
May 20071,3891,33858.747.85$92,088
Apr 20071,5161,22659.617.81$99,938
Mar 20071,76385256.927.30$106,571
Feb 20071,15475155.108.22$69,756
Jan 20071,2471,17850.306.73$70,648
Dec 20061,1101,01456.656.92$69,897
Nov 20061,9611,40454.207.62$116,981
Oct 20061,4781,33754.906.01$89,183
Sep 20062,0171,59760.085.04$129,226
Aug 20062,3281,38468.717.34$170,115
Jul 20061,6321,43069.376.34$122,282
Jun 20061,4121,10566.286.38$100,642
May 20062,1371,16766.016.42$148,561
Apr 20062,4501,68764.397.36$170,173
Mar 20062,6981,85356.707.08$166,101
Feb 20063,5941,52057.597.75$218,760
Jan 20061,46788460.598.93$96,783
Dec 20051,8071,52054.9413.42$119,668
Nov 20058921,17354.6910.59$61,204
Oct 20051,7711,55458.3413.80$124,759
Sep 20051,42415961.4512.08$89,425
Aug 20051,4341,65561.519.80$104,419
Jul 20051,7901,90855.697.84$114,651
Jun 20051,4281,76452.337.38$87,747
May 20051,4341,62345.226.65$75,640
Apr 20051,7851,65949.207.36$100,033
Mar 20052,3011,74050.377.15$128,351
Feb 20051,40199045.226.31$69,602
Jan 20051,2661,20343.166.32$62,246
Dec 20042,2871,07039.866.75$98,383
Nov 20041,30986045.286.33$64,716
Oct 20041,43285449.706.52$76,734
Sep 200471749243.245.28$33,603
Aug 20041,29594742.375.55$60,126
Jul 20041,8401,70638.286.08$80,815
Jun 20041,2681,45136.106.43$55,109
May 20042,2171,73537.486.49$94,361
Apr 20041,6471,78634.475.86$67,235
Mar 20042,2081,92334.365.53$86,501
Feb 20041,8721,55432.455.51$69,308
Jan 20041,8721,57132.036.30$69,857
Dec 20031,4051,20530.266.30$50,109
Nov 20031,8231,82028.804.60$60,866
Oct 20032,5001,88028.174.76$79,373
Sep 20032,1991,84026.314.75$66,595
Aug 20032,1522,00629.765.13$74,334
Jul 20032,4941,87329.415.17$83,034
Jun 20031,4261,39628.565.98$49,079
May 20032,1472,26326.595.97$70,605
Apr 20032,4601,99526.675.41$76,396
Mar 20032,1572,02631.146.10$79,520
Feb 20032,5331,86833.487.93$99,610
Jan 20032,3481,56830.315.58$79,921
Dec 20022,5351,78626.914.85$76,886
Nov 20022,1371,43524.664.14$58,635
Oct 20022,989026.464.23$79,089
Sep 20022,7571,58827.443.64$81,425
Aug 20023,1681,83625.963.16$88,051
Jul 20022,11999924.583.06$55,144
Jun 20022,4381,91323.733.34$64,240
May 20023,1022,40024.663.58$85,097
Apr 20022,7902,23823.653.51$73,844
Mar 20023,7492,13122.003.10$89,090
Feb 20022,6851,55718.222.38$52,620
Jan 20023,5171,72017.172.38$64,473
Dec 20013,3471,77716.932.36$60,866
Nov 20013,8581,59218.072.41$73,544
Oct 20013,12968019.782.53$63,611
Sep 20013,3252,10324.262.25$85,399
Aug 20014,3552,19724.873.05$115,017
Jul 20013,4511,87223.933.20$88,567
Jun 20014,1752,30424.563.82$111,349
May 20013,6811,79825.524.31$101,684
Apr 20015,1312,67124.685.34$140,884
Mar 20015,0652,58724.545.38$138,204
Feb 20014,9702,08227.755.77$149,925
Jan 20015,3822,45827.478.40$168,488
Dec 20006,0292,19126.889.12$182,047
Nov 20006,1742,44932.215.66$212,721
Oct 20007,3962,70231.235.15$244,880
Sep 20005,5911,81731.875.19$187,609
Aug 200010,0373,58629.644.54$313,780
Jul 200011,7161,84828.534.09$341,815
Jun 200011,4943,79229.304.40$353,449
May 20002,10438827.263.68$58,783
Apr 20003,18627824.513.12$78,955
Mar 20003,18853228.422.86$92,124
Feb 20001,79141627.622.73$50,602
Jan 20003,40376625.272.48$87,894
Dec 19993,54173124.282.42$87,747
Nov 19993,33963823.192.43$78,984
Oct 19991,75849420.982.80$38,268
Sep 19993,17296621.752.62$71,521
Aug 19993,85982919.262.88$76,708
Jul 19992,64475617.892.37$49,095
Jun 19994,6051,29315.942.36$76,458
May 19993,3231,02215.792.32$54,842
Apr 19994,7671,84015.102.21$76,045
Mar 19994,9301,05912.471.84$63,424
Feb 19994,2611,0029.981.82$44,346
Jan 19993,16267710.381.90$34,108
Dec 19981,2502839.201.77$12,002
Nov 19983,90685610.892.19$44,407
Oct 19983,86291812.421.97$49,774
Sep 19983,18084012.592.08$41,786
Aug 19984,25863311.301.91$49,323
Jul 19985,28234111.742.24$62,774
Jun 19985,0891,30511.242.24$60,120
May 19986,7451,68212.622.21$88,833
Apr 19988,2451,94413.042.51$112,385
Mar 19989,5062,29812.802.31$126,984
Feb 19988,4522,23813.952.30$123,051
Jan 199810,7392,69214.702.15$163,664
Dec 19975,13520516.322.41$84,297

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                  560 bbl  × $106.41 =    $59,590
Casinghead gas       745 Mcf  × $  3.05 =     $2,269

────────────────────────────────────────────────────
Month total                                  $61,859

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/23425 is the state's own key, not one this site invented.