SPRING VALLEY RANCH B

Operated by NORTHFIELD ENTERPRISES, INC. (P-5 614551) 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 24159District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$17.1 M
Nov 2001 – May 2026
Value, last 12 filed months
$245 k
at the published price for each month
Months reported
295
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
OilDisposition291,906 bbl$16,646,288
Casinghead gasProduction81,962 Mcf$413,457
Total$17,059,745

Every month this lease reported (295)

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

295 months

May 20267180106.413.05$76,402
Apr 2026190098.932.87$18,797
Mar 2026372689.753.15$33,406
Feb 2026189063.503.75$12,002
Jan 20260059.138.00$0
Dec 2025177056.664.41$10,029
Nov 2025201058.593.93$11,777
Oct 2025194059.383.30$11,520
Sep 2025188062.743.08$11,795
Aug 2025355063.933.01$22,695
Jul 2025188066.743.32$12,547
Jun 2025360266.483.13$23,939
May 2025379060.553.23$22,948
Apr 2025180062.363.54$11,225
Mar 2025570067.704.27$38,589
Feb 20250070.884.34$0
Jan 2025365974.324.28$27,165
Dec 20243773868.993.12$26,128
Nov 20241872469.052.20$12,965
Oct 20243564271.372.28$25,504
Sep 2024353669.612.36$24,587
Aug 20243831975.632.06$29,006
Jul 20243615579.932.15$28,973
Jun 2024366178.082.63$28,580
May 20241762878.812.20$13,932
Apr 20243584884.451.66$30,313
Mar 20243445180.301.55$27,702
Feb 20245722676.091.78$43,570
Jan 202418423473.023.30$14,207
Dec 202336826871.262.61$26,923
Nov 202335114677.892.81$27,749
Oct 20235173185.443.09$44,268
Sep 20231711089.042.74$15,253
Aug 20233682380.522.67$29,693
Jul 202353714774.852.64$40,583
Jun 202336111168.962.26$25,145
May 2023367070.622.23$25,918
Apr 2023355078.122.24$27,733
Mar 2023351072.852.39$25,570
Feb 202354349975.112.47$42,015
Jan 202353815576.533.39$41,698
Dec 202253465876.415.73$44,573
Nov 2022544085.005.65$46,240
Oct 202270475587.185.86$65,802
Sep 2022586084.888.16$49,740
Aug 20221,074094.529.13$101,514
Jul 20227330101.587.54$74,458
Jun 20225380115.097.98$61,918
May 20223660109.378.43$40,029
Apr 20223640104.226.84$37,936
Mar 202200108.885.08$0
Feb 2022170091.054.86$15,479
Jan 2022704081.844.54$57,615
Dec 2021541071.323.90$38,584
Nov 2021515477.435.24$39,897
Oct 2021756479.795.71$60,344
Sep 20215191469.865.35$36,332
Aug 202116624966.024.22$12,010
Jul 202170421270.783.98$50,673
Jun 202153713069.493.38$37,756
May 202135725963.483.02$23,444
Apr 202171320460.362.76$43,599
Mar 202187912361.302.72$54,217
Feb 202118660457.805.55$14,102
Jan 20211,266050.412.81$63,819
Dec 2020554044.642.68$24,731
Nov 20200038.772.71$0
Oct 2020529036.972.48$19,557
Sep 2020541037.091.99$20,066
Aug 2020895039.982.39$35,782
Jul 2020707038.371.83$27,128
Jun 2020721034.901.69$25,163
May 2020179016.921.81$3,029
Apr 20200014.751.80$0
Mar 2020366030.341.86$11,104
Feb 2020538049.881.98$26,835
Jan 2020696057.252.09$39,846
Dec 2019515059.012.30$30,390
Nov 2019707055.302.75$39,097
Oct 2019720053.472.42$38,498
Sep 2019366055.052.66$20,148
Aug 2019537053.112.30$28,520
Jul 2019715056.272.46$40,233
Jun 2019348052.782.49$18,367
May 201990315158.482.74$53,221
Apr 20199166162.632.75$57,537
Mar 20197454456.803.06$42,451
Feb 20193678250.852.79$18,891
Jan 20199195846.033.23$42,489
Dec 20181,093046.594.19$50,923
Nov 2018190052.934.24$10,057
Oct 201804261.443.40$143
Sep 20180259.543.11$6
Aug 201816917359.403.07$10,569
Jul 201852511165.142.93$34,524
Jun 201854614360.183.08$33,298
May 201855129565.382.90$36,880
Apr 201872913363.842.90$46,925
Mar 20185224161.222.79$32,071
Feb 20185322261.782.77$32,928
Jan 2018722962.874.01$45,428
Dec 20177251957.272.92$41,576
Nov 20177323055.423.12$40,661
Oct 2017356149.292.98$17,550
Sep 20173681047.523.09$17,518
Aug 201718116345.373.00$8,702
Jul 201771713643.873.09$31,875
Jun 201753728842.493.09$23,706
May 201789017945.373.26$40,963
Apr 201762911547.933.21$30,517
Mar 201791419046.772.98$43,315
Feb 20177301950.452.95$36,885
Jan 20171,0654349.413.42$52,769
Dec 20163804348.763.72$18,689
Nov 20165662842.492.64$24,123
Oct 2016011446.193.09$352
Sep 20168909341.553.10$37,268
Aug 20169046041.442.92$37,637
Jul 201656410341.622.92$23,775
Jun 201693034045.352.69$43,089
May 20161,12650142.521.99$48,875
Apr 20161,10369836.561.99$41,715
Mar 20161,67211833.011.79$55,404
Feb 201602926.472.06$60
Jan 201636827027.352.36$10,703
Dec 20151,29055232.362.00$42,849
Nov 20151,25839138.792.17$49,645
Oct 20151,10842843.552.43$49,292
Sep 201590728742.992.76$39,784
Aug 20155507940.162.87$22,315
Jul 20151,1091748.152.95$53,448
Jun 20151,053056.152.88$59,126
May 20155568355.212.96$30,942
Apr 201593664849.822.71$48,385
Mar 201593834142.892.93$41,232
Feb 20151,10219244.662.98$49,787
Jan 201519332243.433.10$9,380
Dec 20141,09025154.693.59$60,514
Nov 201495427970.464.25$68,405
Oct 20141,08027978.303.90$85,652
Sep 201475820886.164.05$66,151
Aug 20141,27614589.394.04$114,647
Jul 201484819396.564.18$82,690
Jun 201491523298.164.74$90,915
May 20141,47120294.734.73$140,303
Apr 201476123695.944.81$74,145
Mar 20141,30338295.895.06$126,876
Feb 201476435097.406.19$76,581
Jan 20141,34157690.404.86$124,026
Dec 20131,14133691.824.35$106,230
Nov 20131,33523288.853.74$119,482
Oct 20131,35011697.423.78$131,955
Sep 20131,40445104.113.72$146,338
Aug 20131,216139104.253.52$127,258
Jul 20131,059180102.523.72$109,238
Jun 201375025894.403.93$71,815
May 20131,07417894.834.15$102,586
Apr 201373926993.964.28$70,588
Mar 201374132193.623.91$70,628
Feb 201338312591.233.42$35,369
Jan 20131,47519791.603.42$135,784
Dec 201295823586.773.42$83,929
Nov 201291828786.953.62$80,860
Oct 20121,40117989.383.40$125,830
Sep 201275136694.672.92$72,165
Aug 20121,14020792.662.91$106,234
Jul 20121,12210985.133.02$95,845
Jun 20125726779.822.52$45,826
May 20123712991.612.49$34,059
Apr 20123168101.652.00$640
Mar 2012734243105.052.22$77,647
Feb 20121,312313101.102.57$133,448
Jan 201275325998.092.73$74,570
Dec 20111,08931696.873.24$106,515
Nov 20111,5007995.723.31$143,842
Oct 20111,0948084.983.65$93,260
Sep 20117705683.623.99$64,611
Aug 201167412283.404.15$56,718
Jul 20111,51619394.144.52$143,588
Jun 20111,49319092.904.64$139,581
May 20111,13620898.134.40$112,392
Apr 20111,332217105.964.33$142,079
Mar 20111,3343896.364.06$128,698
Feb 2011012185.644.18$506
Jan 2011012486.504.59$569
Dec 201019056885.734.35$18,758
Nov 201055972380.843.80$47,934
Oct 20101,09573578.103.51$88,099
Sep 20101,07068872.633.98$80,452
Aug 201092149173.684.42$70,029
Jul 20101,19242172.554.74$88,474
Jun 201054754370.364.91$41,153
May 20101,11253371.124.24$81,343
Apr 201089857381.694.12$75,720
Mar 20101,46019178.394.39$115,288
Feb 201072837173.585.44$55,585
Jan 20101,07960374.365.96$83,831
Dec 20091,27348471.445.48$93,597
Nov 20091,46443874.593.75$110,843
Oct 200974545572.544.11$55,912
Sep 20091,29646965.543.06$86,377
Aug 200973932567.423.22$50,869
Jul 20091,45421261.133.46$89,617
Jun 20091,14033666.163.90$76,731
May 20091,54523154.743.93$85,480
Apr 20091,7551646.773.59$82,139
Mar 20091773442.144.06$7,597
Feb 200901532.814.63$70
Jan 2009015635.865.37$838
Dec 2008185037.105.98$6,864
Nov 20081,518055.496.86$84,234
Oct 20081,341075.246.92$100,897
Sep 20081,5523101.767.88$157,955
Aug 20081,5520114.228.48$177,269
Jul 2008783245131.0811.39$105,426
Jun 20081,33559131.3313.03$176,094
May 20089740123.1711.57$119,968
Apr 20081,3240110.3110.45$146,050
Mar 2008013101.909.66$126
Feb 20084021392.538.77$37,311
Jan 2008597090.388.21$53,957
Dec 20071,18710588.337.30$105,614
Nov 20071,1671791.677.29$107,103
Oct 2007516182.856.92$42,758
Sep 20071,370075.846.24$103,901
Aug 20071,35110669.066.39$93,977
Jul 20071,5679570.906.39$111,707
Jun 20071,36410662.007.55$85,368
May 20071,1832258.747.85$69,662
Apr 20071,741359.617.81$103,804
Mar 20071,377056.927.30$78,379
Feb 20072,284055.108.22$125,848
Jan 20071,958050.306.73$98,487
Dec 2006774756.656.92$43,896
Nov 200617154.207.62$595
Oct 200652538254.906.01$31,120
Sep 200652826560.085.04$33,057
Aug 20061,21023768.717.34$84,879
Jul 200656114369.376.34$39,824
Jun 20061,63920566.286.38$109,942
May 20061,06224466.016.42$71,670
Apr 200693543464.397.36$63,399
Mar 20061,56840856.707.08$91,795
Feb 20061,09551857.597.75$67,076
Jan 20061,00342960.598.93$64,604
Dec 20051,09695454.9413.42$73,013
Nov 20051,4601,41454.6910.59$94,819
Oct 20051,27849758.3413.80$81,415
Sep 20051,46552061.4512.08$96,305
Aug 20051,11180861.519.80$76,253
Jul 20051,10292355.697.84$68,610
Jun 20051,80792152.337.38$101,358
May 20052,1721,41145.226.65$107,603
Apr 20051,61362749.207.36$83,975
Mar 20051,81737050.377.15$94,170
Feb 200588825545.226.31$41,765
Jan 20051,12044843.166.32$51,172
Dec 20041,97279039.866.75$83,937
Nov 20041,4911,89945.286.33$79,534
Oct 20042,12385649.706.52$111,090
Sep 20042,3491,00743.245.28$106,892
Aug 20043,11832242.375.55$133,897
Jul 20041,12685638.286.08$48,311
Jun 20043,4211,10236.106.43$130,587
May 20042,9831,13237.486.49$119,155
Apr 20043,27096334.475.86$118,359
Mar 20042,11388834.365.53$77,513
Feb 20041,4401,33832.455.51$54,100
Jan 20042,4191,89232.036.30$89,399
Dec 20033,3381,01130.266.30$107,379
Nov 20033,06065828.804.60$91,152
Oct 20032,614028.174.76$73,636
Sep 2003090726.314.75$4,308
Aug 20031,34434529.765.13$41,767
Jul 20031,52080829.415.17$48,881
Jun 20039641,09828.565.98$34,101
May 20032,00895526.595.97$59,097
Apr 20031,4321,08026.675.41$44,031
Mar 20032,1311,08331.146.10$72,961
Feb 20031,80798533.487.93$68,305
Jan 20031,79696730.315.58$59,835
Dec 20022,17343926.914.85$60,606
Nov 20021,99822024.664.14$50,181
Oct 200273856426.464.23$21,913
Sep 20021,41824527.443.64$39,801
Aug 20021,25682325.963.16$35,210
Jul 20022,4771,14124.583.06$64,378
Jun 20022,32478123.733.34$57,756
May 20022,6861,01324.663.58$69,867
Apr 20022,7011,15423.653.51$67,932
Mar 20023,0321,30022.003.10$70,738
Feb 20024,2591,80618.222.38$81,889
Jan 20024,0683,21717.172.38$77,490
Dec 20016,423016.932.36$108,741
Nov 20017,080018.072.41$127,936

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                  718 bbl  × $106.41 =    $76,402
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $76,402

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/24159 is the state's own key, not one this site invented.