CHANCE ESTATE 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 24205District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$12.5 M
Mar 2001 – May 2026
Value, last 12 filed months
$162 k
at the published price for each month
Months reported
303
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
OilDisposition153,339 bbl$6,856,036
Casinghead gasProduction1,178,920 Mcf$5,636,872
Total$12,492,908

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 30.5220, -96.4483. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.52204, -96.44834 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,220 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 12,220 ft.

Completions filed
Mar 2001
1 of 1 wells

1 well

42-051331241RE12,220 ftMar 2001

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 (303)

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

303 months

May 20261331,162106.413.05$17,692
Apr 202601,09098.932.87$3,128
Mar 20261511,14889.753.15$17,168
Feb 20261591,07863.503.75$14,139
Jan 20261551,10959.138.00$18,035
Dec 202514372756.664.41$11,311
Nov 20251611,02258.593.93$13,446
Oct 20251571,24859.383.30$13,447
Sep 20251531,37462.743.08$13,827
Aug 202516498163.933.01$13,442
Jul 20251441,29766.743.32$13,910
Jun 20251371,07066.483.13$12,455
May 202501,00160.553.23$3,236
Apr 20253221,24362.363.54$24,484
Mar 2025096167.704.27$4,102
Feb 20251551,11470.884.34$15,822
Jan 20253191,13074.324.28$28,543
Dec 202401,19768.993.12$3,736
Nov 20241601,35569.052.20$14,027
Oct 20241451,22671.372.28$13,146
Sep 20243351,27069.612.36$26,322
Aug 20241421,35675.632.06$13,538
Jul 20241571,48279.932.15$15,730
Jun 20243271,38278.082.63$29,172
May 20241421,29478.812.20$14,036
Apr 2024088384.451.66$1,465
Mar 20241641,04480.301.55$14,782
Feb 20241631,24076.091.78$14,614
Jan 20243461,29973.023.30$29,549
Dec 202301,31771.262.61$3,438
Nov 20233381,30477.892.81$29,988
Oct 20231771,37285.443.09$19,359
Sep 202301,11789.042.74$3,055
Aug 20231841,08380.522.67$17,710
Jul 20231801,42074.852.64$17,224
Jun 20231881,43068.962.26$16,194
May 20231721,51170.622.23$15,512
Apr 20231871,67378.122.24$18,352
Mar 20231761,44772.852.39$16,285
Feb 20233701,73975.112.47$32,079
Jan 202301,03876.533.39$3,516
Dec 20223541,67776.415.73$36,657
Nov 20221591,22585.005.65$20,432
Oct 20221811,37287.185.86$23,825
Sep 20226194284.888.16$12,868
Aug 20221811,14394.529.13$27,540
Jul 20223541,393101.587.54$46,465
Jun 202201,064115.097.98$8,488
May 20223381,417109.378.43$48,917
Apr 20220995104.226.84$6,803
Mar 20223631,427108.885.08$46,767
Feb 202218982591.054.86$21,217
Jan 20221621,43281.844.54$19,756
Dec 20211801,49371.323.90$18,659
Nov 20211751,09577.435.24$19,285
Oct 20211791,40479.795.71$22,305
Sep 20211641,42169.865.35$19,061
Aug 20213501,57566.024.22$29,754
Jul 20211831,37570.783.98$18,428
Jun 20211681,48269.493.38$16,684
May 20211821,11463.483.02$14,915
Apr 20211801,38160.362.76$14,674
Mar 20213651,13361.302.72$25,453
Feb 20211901,07457.805.55$16,941
Jan 20211911,07050.412.81$12,635
Dec 20201861,31844.642.68$11,829
Nov 20201901,10338.772.71$10,352
Oct 20203791,25436.972.48$17,120
Sep 20201671,23237.091.99$8,647
Aug 20201781,37739.982.39$10,401
Jul 20203491,28438.371.83$15,735
Jun 202017881934.901.69$7,597
May 20201801,05916.921.81$4,967
Apr 20201851,18714.751.80$4,871
Mar 20203451,44230.341.86$13,144
Feb 20203311,19249.881.98$18,871
Jan 202017398457.252.09$11,965
Dec 20193491,31459.012.30$23,622
Nov 20191751,08055.302.75$12,648
Oct 20191911,14053.472.42$12,970
Sep 20193601,33455.052.66$23,363
Aug 20191871,37053.112.30$13,089
Jul 20191641,33356.272.46$12,508
Jun 20191641,07252.782.49$11,326
May 20193761,55458.482.74$26,247
Apr 20191821,50162.632.75$15,527
Mar 20193421,58956.803.06$24,291
Feb 20191931,48950.852.79$13,972
Jan 20193241,38246.033.23$19,375
Dec 20183261,68746.594.19$22,249
Nov 20183001,53452.934.24$22,379
Oct 20183381,81961.443.40$26,948
Sep 20181771,66959.543.11$15,726
Aug 201837879559.403.07$24,891
Jul 20183642,22165.142.93$30,223
Jun 20187361,60860.183.08$49,240
May 20181911,59165.382.90$17,103
Apr 20181931,62463.842.90$17,032
Mar 20185571,80761.222.79$39,135
Feb 20181841,43361.782.77$15,331
Jan 20185811,84562.874.01$43,925
Dec 20171901,54157.272.92$15,383
Nov 20173831,76955.423.12$26,742
Oct 20173781,97949.292.98$24,536
Sep 20175742,01447.523.09$33,494
Aug 20173751,93145.373.00$22,815
Jul 20173782,08743.873.09$23,026
Jun 20173711,91342.493.09$21,670
May 20173802,19545.373.26$24,404
Apr 20175692,15447.933.21$34,190
Mar 20173832,07246.772.98$24,095
Feb 20175762,04450.452.95$35,094
Jan 20175802,26849.413.42$36,412
Dec 20164282,41048.763.72$29,841
Nov 20165772,23542.492.64$30,427
Oct 20165752,46446.193.09$34,174
Sep 20165732,39141.553.10$31,222
Aug 20165682,44741.442.92$30,694
Jul 20165662,79741.622.92$31,736
Jun 20161,1363,73745.352.69$61,555
May 20167572,98342.521.99$38,127
Apr 20169582,67036.561.99$40,341
Mar 20165822,57333.011.79$23,828
Feb 20167702,38826.472.06$25,310
Jan 20167712,42327.352.36$26,816
Dec 20157742,52632.362.00$30,102
Nov 20159592,49438.792.17$42,605
Oct 20157702,77543.552.43$40,267
Sep 20159622,82642.992.76$49,152
Aug 20151,1532,69140.162.87$54,034
Jul 20159513,03148.152.95$54,717
Jun 20151,3522,85856.152.88$84,154
May 20151,3482,78355.212.96$82,648
Apr 20151,3512,19649.822.71$73,250
Mar 20151,7192,36242.892.93$80,660
Feb 201519217344.662.98$9,090
Jan 20151861,79743.433.10$13,650
Dec 20143721,42954.693.59$25,477
Nov 20141962,25370.464.25$23,390
Oct 20143822,72978.303.90$40,556
Sep 20143792,45586.164.05$42,586
Aug 201402,13989.394.04$8,631
Jul 20141882,21396.564.18$27,403
Jun 20141931,92898.164.74$28,078
May 201402,03494.734.73$9,614
Apr 20141951,98795.944.81$28,264
Mar 20141911,84695.895.06$27,650
Feb 20141971,99697.406.19$31,547
Jan 20141922,00290.404.86$27,088
Dec 201302,22191.824.35$9,671
Nov 20131882,26888.853.74$25,182
Oct 201301,91497.423.78$7,234
Sep 20131902,338104.113.72$28,473
Aug 20131872,150104.253.52$27,068
Jul 20131862,025102.523.72$26,597
Jun 20131882,33894.403.93$26,944
May 20131822,34994.834.15$27,005
Apr 20131902,27093.964.28$27,574
Mar 201302,43893.623.91$9,540
Feb 20131991,91091.233.42$24,687
Jan 20131922,47391.603.42$26,045
Dec 20121922,31086.773.42$24,560
Nov 20121912,27186.953.62$24,840
Oct 201202,39789.383.40$8,149
Sep 20121871,12094.672.92$20,972
Aug 20121922,53892.662.91$25,172
Jul 20121841,33585.133.02$19,697
Jun 20121882,45379.822.52$21,185
May 201218715491.612.49$17,514
Apr 20121932,471101.652.00$24,553
Mar 20121932,398105.052.22$25,603
Feb 20121952,459101.102.57$26,035
Jan 20121962,78798.092.73$26,846
Dec 20111962,58096.873.24$27,345
Nov 201102,40495.723.31$7,960
Oct 20111742,84784.983.65$25,174
Sep 20111822,78283.623.99$26,307
Aug 20111902,85583.404.15$27,692
Jul 20111932,92694.144.52$31,386
Jun 20111922,88692.904.64$31,227
May 20111942,87698.134.40$31,705
Apr 20111923,237105.964.33$34,371
Mar 20111872,84896.364.06$29,575
Feb 20111932,24085.644.18$25,892
Jan 20113922,76586.504.59$46,596
Dec 20101932,85685.734.35$28,963
Nov 20101952,82180.843.80$26,470
Oct 20101883,18278.103.51$25,848
Sep 20101913,06672.633.98$26,073
Aug 20103833,34373.684.42$42,993
Jul 20101933,23172.554.74$29,306
Jun 20101933,25570.364.91$29,563
May 20101903,60071.124.24$28,760
Apr 20103883,69081.694.12$46,908
Mar 20105844,45978.394.39$65,349
Feb 20109745,62373.585.44$102,269
Jan 20105883,51474.365.96$64,681
Dec 20090071.445.48$0
Nov 200901,75974.593.75$6,599
Oct 20091921,49472.544.11$20,068
Sep 20091942,68365.543.06$20,937
Aug 20091923,10167.423.22$22,925
Jul 20091913,08061.133.46$22,346
Jun 20091922,88766.163.90$23,948
May 20091913,09554.743.93$22,606
Apr 20091933,12346.773.59$20,230
Mar 20091933,04042.144.06$20,472
Feb 20093863,02832.814.63$26,693
Jan 20091953,02235.865.37$23,224
Dec 20081943,34237.105.98$27,173
Nov 20083893,31755.496.86$44,341
Oct 20081943,23975.246.92$37,017
Sep 20081952,723101.767.88$41,293
Aug 20083463,359114.228.48$68,015
Jul 20081963,551131.0811.39$66,136
Jun 20081943,504131.3313.03$71,144
May 20081933,498123.1711.57$64,259
Apr 20081933,539110.3110.45$58,290
Mar 20083943,707101.909.66$75,973
Feb 20081953,60692.538.77$49,670
Jan 20083913,51490.388.21$64,174
Dec 20071963,94788.337.30$46,134
Nov 20073913,94591.677.29$64,609
Oct 20073624,23182.856.92$59,279
Sep 20071924,32375.846.24$41,555
Aug 20073903,72169.066.39$50,703
Jul 20071924,32770.906.39$41,253
Jun 20073874,29562.007.55$56,415
May 20071904,43658.747.85$45,967
Apr 20073864,43859.617.81$57,649
Mar 20073964,63256.927.30$56,363
Feb 20072024,15655.108.22$45,276
Jan 20075944,65650.306.73$61,198
Dec 20061964,65256.656.92$43,288
Nov 20064014,53954.207.62$56,310
Oct 20063985,01054.906.01$51,979
Sep 20063955,01960.085.04$49,013
Aug 20063785,22768.717.34$64,338
Jul 20063825,36969.376.34$60,554
Jun 20063785,29066.286.38$58,825
May 20063805,48566.016.42$60,325
Apr 20067396,08164.397.36$92,343
Mar 20065855,75756.707.08$73,946
Feb 20063893,23157.597.75$47,446
Jan 20067886,79860.598.93$108,474
Dec 20053873,72854.9413.42$71,274
Nov 20051823,74954.6910.59$49,649
Oct 20055415,25758.3413.80$104,086
Sep 20053824,72761.4512.08$80,571
Aug 20053954,75761.519.80$70,900
Jul 20055835,01655.697.84$71,811
Jun 20055625,24652.337.38$68,130
May 20057896,82945.226.65$81,099
Apr 20052014,76849.207.36$44,984
Mar 20054024,34250.377.15$51,315
Feb 20057716,12845.226.31$73,544
Jan 20053655,54343.166.32$50,797
Dec 20046006,17839.866.75$65,624
Nov 20047666,57745.286.33$76,320
Oct 20047727,11749.706.52$84,736
Sep 20046996,68043.245.28$65,521
Aug 20046937,33542.375.55$70,077
Jul 20047567,38538.286.08$73,871
Jun 20049787,51436.106.43$83,644
May 20047517,91037.486.49$79,520
Apr 20049728,00834.475.86$80,419
Mar 20049768,66034.365.53$81,426
Feb 20049818,03032.455.51$76,076
Jan 20041,1829,26232.036.30$96,207
Dec 20031,16710,00730.266.30$98,374
Nov 20031,18110,47528.804.60$82,147
Oct 20031,3689,94828.174.76$85,885
Sep 20031,74612,15926.314.75$103,685
Aug 20031,74516,97829.765.13$139,024
Jul 20033,07321,12429.415.17$199,606
Jun 20033,76420,41328.565.98$229,630
May 2003194026.595.97$5,158
Apr 20030026.675.41$0
Mar 20035534,35431.146.10$43,763
Feb 20033254,69533.487.93$48,093
Jan 2003193030.315.58$5,850
Dec 20025135,18726.914.85$38,981
Nov 20027406,08824.664.14$43,434
Oct 20027356,90926.464.23$48,667
Sep 20027127,53327.443.64$46,921
Aug 20021,0737,65325.963.16$52,070
Jul 20021,1078,32724.583.06$52,705
Jun 200287410,01523.733.34$54,172
May 20028907,08024.663.58$47,322
Apr 20027238,85123.653.51$48,186
Mar 20021,25410,55122.003.10$60,325
Feb 20021,0738,78418.222.38$40,418
Jan 20021,43610,98117.172.38$50,743
Dec 20011,42213,29816.932.36$55,516
Nov 20011,60614,00118.072.41$62,700
Oct 20011,95917,10619.782.53$82,008
Sep 20011,94517,69224.262.25$87,016
Aug 20012,83021,50724.873.05$136,046
Jul 20013,17527,62623.933.20$164,300
Jun 20014,41033,94524.563.82$238,121
May 20016,19144,73925.524.31$350,700
Apr 200110,13358,04224.685.34$559,755
Mar 20013,59020,24424.545.38$196,939

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                  133 bbl  × $106.41 =    $14,153
Casinghead gas     1,162 Mcf  × $  3.05 =     $3,539

────────────────────────────────────────────────────
Month total                                  $17,692

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/24205 is the state's own key, not one this site invented.