R & L UNIT

Operated by XTO ENERGY INC. (P-5 945936) 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 23440District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$1.6 M
Sep 1997 – Oct 2012
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
182
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
OilDisposition20,031 bbl$589,490
Casinghead gasProduction253,814 Mcf$1,046,589
Total$1,636,079

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 30.4805, -96.6014. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.48051, -96.60143 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,057 ft
1 wells filed one
Completion to plug
14.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 12,057 ft.

Completions filed
Sep 1997
1 of 1 wells
Plug dates filed
Aug 2012
1 of 1 wells

Last completion to plug: a median of 14.9 years across the 1 well that filed both dates, with the middle half between 14.9 years and 14.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-051308041 H12,057 ftSep 1997Aug 2012Yes

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 (182)

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

182 months

Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120692.662.91$17
Jul 201206085.133.02$181
Jun 2012658379.822.52$5,397
May 201204091.612.49$100
Apr 201203101.652.00$6
Mar 2012036105.052.22$80
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 201105984.983.65$215
Sep 201118559083.623.99$17,821
Aug 2011068683.404.15$2,846
Jul 2011080994.144.52$3,654
Jun 2011022892.904.64$1,058
May 20110198.134.40$4
Apr 20110101105.964.33$438
Mar 20116722796.364.06$7,377
Feb 2011020285.644.18$844
Jan 2011020886.504.59$954
Dec 2010026985.734.35$1,170
Nov 2010158380.843.80$2,294
Oct 2010067878.103.51$2,379
Sep 2010058772.633.98$2,336
Aug 201016565973.684.42$15,070
Jul 2010071772.554.74$3,396
Jun 2010065270.364.91$3,202
May 2010166771.124.24$2,896
Apr 2010055881.694.12$2,300
Mar 201019067178.394.39$17,839
Feb 2010055773.585.44$3,031
Jan 2010062774.365.96$3,739
Dec 200919259871.445.48$16,996
Nov 2009068374.593.75$2,562
Oct 2009036172.544.11$1,484
Sep 2009061065.543.06$1,870
Aug 2009075567.423.22$2,430
Jul 200919272761.133.46$14,256
Jun 2009068766.163.90$2,676
May 2009071654.743.93$2,811
Apr 2009062746.773.59$2,249
Mar 200918984242.144.06$11,382
Feb 2009043432.814.63$2,011
Jan 2009039335.865.37$2,111
Dec 2008066437.105.98$3,969
Nov 2008063555.496.86$4,356
Oct 200818770575.246.92$18,950
Sep 20080657101.767.88$5,175
Aug 20080552114.228.48$4,683
Jul 20080672131.0811.39$7,654
Jun 20080654131.3313.03$8,523
May 2008187679123.1711.57$30,892
Apr 20080696110.3110.45$7,277
Mar 20080663101.909.66$6,407
Feb 200818363492.538.77$22,494
Jan 2008061990.388.21$5,079
Dec 2007064388.337.30$4,695
Nov 200718674191.677.29$22,454
Oct 2007090782.856.92$6,278
Sep 2007061475.846.24$3,834
Aug 2007086469.066.39$5,519
Jul 200718970870.906.39$17,923
Jun 2007072162.007.55$5,442
May 2007050558.747.85$3,962
Apr 200718867359.617.81$16,460
Mar 2007072356.927.30$5,279
Feb 2007075955.108.22$6,236
Jan 200718466750.306.73$13,742
Dec 2006082056.656.92$5,673
Nov 2006076154.207.62$5,797
Oct 2006084654.906.01$5,088
Sep 200618785960.085.04$15,562
Aug 2006084168.717.34$6,173
Jul 2006071669.376.34$4,541
Jun 2006069866.286.38$4,456
May 200618773366.016.42$17,053
Apr 2006082864.397.36$6,094
Mar 2006050156.707.08$3,549
Feb 200619065357.597.75$16,004
Jan 2006078660.598.93$7,022
Dec 2005062254.9413.42$8,344
Nov 200518596554.6910.59$20,335
Oct 2005099858.3413.80$13,768
Sep 2005095661.4512.08$11,548
Aug 200518593461.519.80$20,530
Jul 2005092955.697.84$7,287
Jun 2005092652.337.38$6,835
May 200501,05445.226.65$7,010
Apr 200518690849.207.36$15,835
Mar 2005090850.377.15$6,497
Feb 200517888845.226.31$13,654
Jan 200501,08343.166.32$6,847
Dec 200401,07439.866.75$7,251
Nov 20041851,01545.286.33$14,802
Oct 200401,03849.706.52$6,763
Sep 200401,07643.245.28$5,685
Aug 20041821,13942.375.55$14,034
Jul 200401,07838.286.08$6,559
Jun 200401,12536.106.43$7,237
May 20041831,12537.486.49$14,165
Apr 200401,07534.475.86$6,298
Mar 200417997734.365.53$11,553
Feb 2004097932.455.51$5,394
Jan 200401,09832.036.30$6,917
Dec 20031821,09030.266.30$12,376
Nov 200301,05528.804.60$4,848
Oct 20031891,19328.174.76$11,002
Sep 200301,21326.314.75$5,761
Aug 200301,25229.765.13$6,422
Jul 20031831,23129.415.17$11,747
Jun 200301,48428.565.98$8,879
May 20031971,29226.595.97$12,955
Apr 200301,37026.675.41$7,408
Mar 200301,11831.146.10$6,815
Feb 20031921,18933.487.93$15,852
Jan 200301,36230.315.58$7,603
Dec 20021921,36726.914.85$11,802
Nov 200201,26924.664.14$5,250
Oct 20021941,35426.464.23$10,859
Sep 200201,38527.443.64$5,035
Aug 200201,58225.963.16$5,006
Jul 20021951,10824.583.06$8,186
Jun 200201,37623.733.34$4,593
May 200201,59924.663.58$5,731
Apr 20021731,67923.653.51$9,989
Mar 20021881,61422.003.10$9,144
Feb 20020018.222.38$0
Jan 20021771,71717.172.38$7,118
Dec 20011931,77216.932.36$7,457
Nov 20011831,83718.072.41$7,726
Oct 200101,59619.782.53$4,036
Sep 20011791,41924.262.25$7,537
Aug 200101,92924.873.05$5,890
Jul 20011842,02423.933.20$10,874
Jun 200101,96824.563.82$7,526
May 20011782,12925.524.31$13,713
Apr 20011892,00324.685.34$15,351
Mar 20011832,17424.545.38$16,179
Feb 200102,00827.755.77$11,580
Jan 20011801,89827.478.40$20,885
Dec 20001902,11626.889.12$24,410
Nov 20001872,11332.215.66$17,979
Oct 200002,25331.235.15$11,593
Sep 20001892,22631.875.19$17,569
Aug 20001842,31329.644.54$15,957
Jul 20001812,30028.534.09$14,570
Jun 20001842,37629.304.40$15,839
May 20001852,42127.263.68$13,952
Apr 20001832,46424.513.12$12,163
Mar 200002,53228.422.86$7,241
Feb 20001952,40227.622.73$11,935
Jan 20001982,64125.272.48$11,554
Dec 19993612,72024.282.42$15,358
Nov 19991832,80523.192.43$11,071
Oct 19991882,99420.982.80$12,339
Sep 19991882,97821.752.62$11,888
Aug 19991763,18519.262.88$12,549
Jul 19993583,60617.892.37$14,959
Jun 199902,14315.942.36$5,062
May 19991853,44615.792.32$10,919
Apr 19993523,49915.102.21$13,041
Mar 19991823,67612.471.84$9,027
Feb 19993573,4939.981.82$9,912
Jan 19992023,53610.381.90$8,815
Dec 19983773,5429.201.77$9,750
Nov 19981813,87010.892.19$10,430
Oct 19983594,14412.421.97$12,619
Sep 19983674,18512.592.08$13,336
Aug 19981844,58311.301.91$10,821
Jul 19983514,74011.742.24$14,725
Jun 19983564,71911.242.24$14,559
May 19985485,31912.622.21$18,651
Apr 19983534,04413.042.51$14,735
Mar 19984543,48912.802.31$13,869
Feb 19983693,65813.952.30$13,558
Jan 19987204,55414.702.15$20,397
Dec 19977316,25716.322.41$27,016
Nov 19971,2385,61918.193.09$39,872
Oct 19977263,47919.253.15$24,934
Sep 1997035417.742.95$1,046

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.

Aug 2012 — as filed, then multipliedworked
Oil                    0 bbl  × $ 92.66 =         $0
Casinghead gas         6 Mcf  × $  2.91 =        $17

────────────────────────────────────────────────────
Month total                                      $17

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/23440 is the state's own key, not one this site invented.