CANNAE

Operated by RUSK ENERGY OPERATING LLC (P-5 735144) 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 23723District 03Field 34733600OilSaveExport
Value, all time
$3.2 M
May 1999 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
325
no gaps in the span
Streams
1
oil

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
OilDisposition86,407 bbl$3,179,294
Total$3,179,294

Every month this lease reported (325)

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

325 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 202517858.593.93$10,429
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 202517766.743.32$11,813
Jun 2025066.483.13$0
May 202517960.553.23$10,838
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 202510270.884.34$7,230
Jan 2025074.324.28$0
Dec 202417368.993.12$11,935
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 202416475.632.06$12,403
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 202417278.812.20$13,555
Apr 2024084.451.66$0
Mar 202429680.301.55$23,769
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 202318485.443.09$15,721
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 202332574.852.64$24,326
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 202332272.852.39$23,458
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 202217485.005.65$14,790
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 2022204101.587.54$20,722
Jun 20220115.097.98$0
May 2022189109.378.43$20,671
Apr 2022177104.226.84$18,447
Mar 20220108.885.08$0
Feb 202220691.054.86$18,756
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 202134466.024.22$22,711
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 202031939.982.39$12,754
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 202032130.341.86$9,739
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 201929655.302.75$16,369
Oct 201935753.472.42$19,089
Sep 2019055.052.66$0
Aug 201936453.112.30$19,332
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 201833365.142.93$21,692
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 201830361.222.79$18,550
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 201715855.423.12$8,756
Oct 201716449.292.98$8,084
Sep 2017047.523.09$0
Aug 201718045.373.00$8,167
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 201716546.772.98$7,717
Feb 2017050.452.95$0
Jan 201730449.413.42$15,021
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 201626441.553.10$10,969
Aug 2016041.442.92$0
Jul 201629841.622.92$12,403
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 201631236.561.99$11,407
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 201632327.352.36$8,834
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 201518642.992.76$7,996
Aug 2015040.162.87$0
Jul 201537548.152.95$18,056
Jun 2015056.152.88$0
May 201518455.212.96$10,159
Apr 201536749.822.71$18,284
Mar 201535442.892.93$15,183
Feb 2015044.662.98$0
Jan 201536743.433.10$15,939
Dec 2014054.693.59$0
Nov 201437470.464.25$26,352
Oct 201417778.303.90$13,859
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 201436796.564.18$35,438
Jun 2014098.164.74$0
May 201434594.734.73$32,682
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 201415097.406.19$14,610
Jan 2014090.404.86$0
Dec 201332491.824.35$29,750
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 2013167104.113.72$17,386
Aug 20130104.253.52$0
Jul 2013157102.523.72$16,096
Jun 201316294.403.93$15,293
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 201331791.233.42$28,920
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 201234189.383.40$30,479
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 201233079.822.52$26,341
May 2012091.612.49$0
Apr 2012330101.652.00$33,545
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 201133396.873.24$32,258
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 201133194.144.52$31,160
Jun 2011092.904.64$0
May 201132798.134.40$32,089
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 201132985.644.18$28,176
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 201015878.103.51$12,340
Sep 2010072.633.98$0
Aug 201032473.684.42$23,872
Jul 2010072.554.74$0
Jun 201033370.364.91$23,430
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 201032478.394.39$25,398
Feb 201016173.585.44$11,846
Jan 2010074.365.96$0
Dec 200933971.445.48$24,218
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 200932765.543.06$21,432
Aug 200916667.423.22$11,192
Jul 2009061.133.46$0
Jun 200918566.163.90$12,240
May 200917154.743.93$9,361
Apr 2009046.773.59$0
Mar 200917442.144.06$7,332
Feb 200917832.814.63$5,840
Jan 2009035.865.37$0
Dec 200816237.105.98$6,010
Nov 200817855.496.86$9,877
Oct 200817875.246.92$13,393
Sep 20080101.767.88$0
Aug 2008356114.228.48$40,662
Jul 20080131.0811.39$0
Jun 2008181131.3313.03$23,771
May 2008180123.1711.57$22,171
Apr 2008175110.3110.45$19,304
Mar 20080101.909.66$0
Feb 200817492.538.77$16,100
Jan 200817590.388.21$15,817
Dec 200717788.337.30$15,634
Nov 2007091.677.29$0
Oct 200717782.856.92$14,664
Sep 200717475.846.24$13,196
Aug 200717869.066.39$12,293
Jul 200717070.906.39$12,053
Jun 2007062.007.55$0
May 200734758.747.85$20,383
Apr 2007059.617.81$0
Mar 200717456.927.30$9,904
Feb 200718255.108.22$10,028
Jan 200717450.306.73$8,752
Dec 200617456.656.92$9,857
Nov 200617854.207.62$9,648
Oct 200617254.906.01$9,443
Sep 200617460.085.04$10,454
Aug 200617268.717.34$11,818
Jul 200617469.376.34$12,070
Jun 200635766.286.38$23,662
May 200622666.016.42$14,918
Apr 200617764.397.36$11,397
Mar 200618256.707.08$10,319
Feb 200618157.597.75$10,424
Jan 200634660.598.93$20,964
Dec 200518354.9413.42$10,054
Nov 200517754.6910.59$9,680
Oct 200518258.3413.80$10,618
Sep 200518061.4512.08$11,061
Aug 200518061.519.80$11,072
Jul 200518155.697.84$10,080
Jun 200518252.337.38$9,524
May 200535445.226.65$16,008
Apr 200517749.207.36$8,708
Mar 200517550.377.15$8,815
Feb 200517745.226.31$8,004
Jan 200518543.166.32$7,985
Dec 200418139.866.75$7,215
Nov 200418045.286.33$8,150
Oct 200418249.706.52$9,045
Sep 200417943.245.28$7,740
Aug 200418242.375.55$7,711
Jul 200417838.286.08$6,814
Jun 200418136.106.43$6,534
May 200418037.486.49$6,746
Apr 200418234.475.86$6,274
Mar 200436534.365.53$12,541
Feb 200418132.455.51$5,873
Jan 200418132.036.30$5,797
Dec 200318130.266.30$5,477
Nov 200317928.804.60$5,155
Oct 200336228.174.76$10,198
Sep 200336026.314.75$9,472
Aug 200318029.765.13$5,357
Jul 200318229.415.17$5,353
Jun 200318528.565.98$5,284
May 200336426.595.97$9,679
Apr 200318126.675.41$4,827
Mar 200354431.146.10$16,940
Feb 200318133.487.93$6,060
Jan 200318230.315.58$5,516
Dec 200236226.914.85$9,741
Nov 200218124.664.14$4,463
Oct 200235526.464.23$9,393
Sep 200236727.443.64$10,070
Aug 200236225.963.16$9,398
Jul 200217424.583.06$4,277
Jun 200236323.733.34$8,614
May 200236424.663.58$8,976
Apr 200236323.653.51$8,585
Mar 200243922.003.10$9,658
Feb 200253918.222.38$9,821
Jan 200235217.172.38$6,044
Dec 200118016.932.36$3,047
Nov 200136018.072.41$6,505
Oct 200137019.782.53$7,319
Sep 200133324.262.25$8,079
Aug 200155024.873.05$13,679
Jul 200136823.933.20$8,806
Jun 200156024.563.82$13,754
May 200136425.524.31$9,289
Apr 200154624.685.34$13,475
Mar 200157924.545.38$14,209
Feb 200156227.755.77$15,596
Jan 200152127.478.40$14,312
Dec 200089926.889.12$24,165
Nov 200035232.215.66$11,338
Oct 200055131.235.15$17,208
Sep 200091631.875.19$29,193
Aug 200054329.644.54$16,095
Jul 200092628.534.09$26,419
Jun 200090929.304.40$26,634
May 20001,27827.263.68$34,838
Apr 20001,23224.513.12$30,196
Mar 20001,49228.422.86$42,403
Feb 20001,45027.622.73$40,049
Jan 20001,94625.272.48$49,175
Dec 19993,03924.282.42$73,787
Nov 19993,59723.192.43$83,414
Oct 19992,16120.982.80$45,338
Sep 19994,96921.752.62$108,076
Aug 19996,92619.262.88$133,395
Jul 19997,57717.892.37$135,553
Jun 199971515.942.36$11,397
May 19994,06315.792.32$64,155

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.

Nov 2025 — as filed, then multipliedworked
Oil                  178 bbl  × $ 58.59 =    $10,429

────────────────────────────────────────────────────
Month total                                  $10,429

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/23723 is the state's own key, not one this site invented.