SPRING VALLEY RANCH H

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 24275District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$13.0 M
Jun 2002 – May 2026
Value, last 12 filed months
$391 k
at the published price for each month
Months reported
288
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
OilDisposition213,372 bbl$12,421,711
Casinghead gasProduction138,845 Mcf$580,236
Total$13,001,947

Every month this lease reported (288)

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

288 months

May 20265350106.413.05$56,929
Apr 2026381098.932.87$37,692
Mar 2026537089.753.15$48,196
Feb 2026370063.503.75$23,495
Jan 2026515059.138.00$30,452
Dec 2025380056.664.41$21,531
Nov 2025558058.593.93$32,693
Oct 2025357059.383.30$21,199
Sep 20253623162.743.08$22,807
Aug 2025540063.933.01$34,522
Jul 20253777066.743.32$25,393
Jun 20255458966.483.13$36,510
May 20257222960.553.23$43,811
Apr 2025525062.363.54$32,739
Mar 2025544467.704.27$36,846
Feb 2025494170.884.34$35,019
Jan 2025188874.324.28$14,006
Dec 2024365568.993.12$25,197
Nov 2024541069.052.20$37,356
Oct 2024360071.372.28$25,693
Sep 2024369069.612.36$25,686
Aug 2024534075.632.06$40,386
Jul 2024567079.932.15$45,320
Jun 20243632178.082.63$28,398
May 2024356678.812.20$28,070
Apr 20245361884.451.66$45,295
Mar 2024543080.301.55$43,603
Feb 2024375076.091.78$28,534
Jan 202453725073.023.30$40,036
Dec 202354040171.262.61$39,527
Nov 202371133977.892.81$56,332
Oct 2023530085.443.09$45,283
Sep 2023015789.042.74$429
Aug 202336230680.522.67$29,966
Jul 202371718474.852.64$54,154
Jun 2023539168.962.26$37,172
May 2023548070.622.23$38,700
Apr 2023530078.122.24$41,404
Mar 2023521072.852.39$37,955
Feb 2023546075.112.47$41,010
Jan 202352225876.533.39$40,823
Dec 202270139776.415.73$55,838
Nov 20225352,28785.005.65$58,388
Oct 20225393,38087.185.86$66,810
Sep 20221,03489884.888.16$95,097
Aug 20221,4251094.529.13$134,782
Jul 202234916101.587.54$35,572
Jun 202254861115.097.98$63,556
May 202279553109.378.43$87,396
Apr 202227760104.226.84$29,279
Mar 202236412108.885.08$39,693
Feb 20223454991.054.86$31,650
Jan 20225382681.844.54$44,148
Dec 2021364471.323.90$25,976
Nov 20213601377.435.24$27,943
Oct 202103379.795.71$189
Sep 202135024969.865.35$25,783
Aug 20215281,15166.024.22$39,716
Jul 202136993470.783.98$29,837
Jun 202135196269.493.38$27,643
May 20213713863.483.02$23,666
Apr 202131,55060.362.76$4,457
Mar 20215241,05461.302.72$34,985
Feb 20211811,61257.805.55$19,405
Jan 20215361,88050.412.81$32,303
Dec 20205461,45644.642.68$28,269
Nov 20203603,10538.772.71$22,361
Oct 202070472736.972.48$27,829
Sep 202036870637.091.99$15,055
Aug 202053921839.982.39$22,069
Jul 202069933338.371.83$27,428
Jun 20203463334.901.69$12,131
May 2020358116.921.81$6,059
Apr 2020023214.751.80$419
Mar 202036080030.341.86$12,407
Feb 2020181049.881.98$9,028
Jan 20207271,50357.252.09$44,769
Dec 20197051,54359.012.30$45,158
Nov 201918082755.302.75$12,229
Oct 2019185953.472.42$2,131
Sep 20191771,01155.052.66$12,430
Aug 20193561,05053.112.30$21,327
Jul 201936022156.272.46$20,801
Jun 201955180052.782.49$31,075
May 20191,0521,57258.482.74$65,829
Apr 201971163962.632.75$46,288
Mar 201938052456.803.06$23,189
Feb 201955485150.852.79$30,547
Jan 20191,08032646.033.23$50,765
Dec 20187228546.594.19$33,994
Nov 201818512152.934.24$10,305
Oct 2018016161.443.40$547
Sep 20188784159.543.11$52,404
Aug 201832953359.403.07$21,177
Jul 201889012465.142.93$58,338
Jun 201852928360.183.08$32,706
May 201853786465.382.90$37,615
Apr 201889149563.842.90$58,317
Mar 201872420161.222.79$44,883
Feb 201889015561.782.77$55,413
Jan 20187286162.874.01$46,014
Dec 20175357757.272.92$30,864
Nov 201771327955.423.12$40,384
Oct 2017748949.292.98$36,896
Sep 201752710347.523.09$25,361
Aug 201766581745.373.00$32,626
Jul 201770673443.873.09$33,238
Jun 201772249742.493.09$32,212
May 201790929745.373.26$42,211
Apr 201772649247.933.21$36,377
Mar 20171,09356846.772.98$52,814
Feb 20171,08616350.452.95$55,270
Jan 201752820749.413.42$26,796
Dec 201637759548.763.72$20,598
Nov 20169547042.492.64$40,721
Oct 2016015946.193.09$491
Sep 201617316141.553.10$7,687
Aug 2016038041.442.92$1,111
Jul 201602641.622.92$76
Jun 20160045.352.69$0
May 2016030342.521.99$603
Apr 2016182036.561.99$6,654
Mar 20163808133.011.79$12,689
Feb 2016035926.472.06$741
Jan 201617270027.352.36$6,359
Dec 20157567932.362.00$24,622
Nov 201518173738.792.17$8,618
Oct 201572770143.552.43$33,362
Sep 201590314842.992.76$39,228
Aug 201556244640.162.87$23,851
Jul 20155461,15748.152.95$29,697
Jun 20155661,51456.152.88$36,146
May 20151,1002,24155.212.96$67,354
Apr 20153751,85549.822.71$23,703
Mar 20151,1261,10342.892.93$51,531
Feb 201555293944.662.98$27,447
Jan 201574869243.433.10$34,631
Dec 20145361,31054.693.59$34,019
Nov 20141,1041,18570.464.25$82,826
Oct 20141,5451,02678.303.90$124,976
Sep 20141,08449886.164.05$95,412
Aug 201475535989.394.04$68,938
Jul 201493852296.564.18$92,755
Jun 20141,12437098.164.74$112,084
May 201437133594.734.73$36,728
Apr 201437792095.944.81$40,594
Mar 20141,31771495.895.06$129,898
Feb 20141,1391,37897.406.19$119,471
Jan 20141,1491,50490.404.86$111,180
Dec 20131,4221,39091.824.35$136,621
Nov 20139552,23688.853.74$93,211
Oct 20131,6702,00597.423.78$170,269
Sep 20131,480880104.113.72$157,354
Aug 20131,277706104.253.52$135,614
Jul 20131,745987102.523.72$182,567
Jun 20131,2991,42494.403.93$128,227
May 201391897394.834.15$91,091
Apr 201392887593.964.28$90,942
Mar 20131,47285193.623.91$141,138
Feb 20131,30696091.233.42$122,429
Jan 20132,01797991.603.42$188,105
Dec 20121,93246886.773.42$169,240
Nov 201293786586.953.62$84,608
Oct 20121,68388389.383.40$153,428
Sep 20121,67095694.672.92$160,889
Aug 20121,5321,11192.662.91$145,186
Jul 20122,24070385.133.02$192,815
Jun 20122,2421,16579.822.52$181,891
May 20123,71166291.612.49$341,612
Apr 20121,1221,162101.652.00$116,372
Mar 20121,5262,207105.052.22$165,210
Feb 20122,3061,746101.102.57$237,624
Jan 20122,4631,55698.092.73$245,850
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007240075.846.24$18,202
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20071056.927.30$57
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 200627454.207.62$672
Oct 2006032454.906.01$1,948
Sep 200687031960.085.04$53,876
Aug 200687617068.717.34$61,438
Jul 200654613069.376.34$38,701
Jun 200654016566.286.38$36,845
May 200690419666.016.42$60,932
Apr 20061,03023364.397.36$68,037
Mar 200673330356.707.08$43,707
Feb 200690068357.597.75$57,125
Jan 20061,06344560.598.93$68,383
Dec 200591041954.9413.42$55,616
Nov 200555533854.6910.59$33,932
Oct 20051,61537358.3413.80$99,365
Sep 20051,06120561.4512.08$67,675
Aug 20051,26137861.519.80$81,267
Jul 20051,65417055.697.84$93,445
Jun 200572830752.337.38$40,362
May 200574084145.226.65$39,056
Apr 20051,12268749.207.36$60,259
Mar 20051,7091,08850.377.15$93,867
Feb 200593687145.226.31$47,824
Jan 20051,67166843.166.32$76,344
Dec 20041,6731,03139.866.75$73,646
Nov 20041,2681,03045.286.33$63,935
Oct 20041,44048349.706.52$74,715
Sep 20041,63065943.245.28$73,963
Aug 20041,68945542.375.55$74,088
Jul 200456384938.286.08$26,717
Jun 20042,2521,06936.106.43$88,174
May 20041,84781337.486.49$74,506
Apr 20042,20980234.475.86$80,843
Mar 20042,3001,07234.365.53$84,956
Feb 20042,1321,23332.455.51$75,977
Jan 20042,4391,88232.036.30$89,977
Dec 20033,03799430.266.30$98,163
Nov 20032,83764628.804.60$84,674
Oct 20033,0374228.174.76$85,752
Sep 20033,00565926.314.75$82,191
Aug 20033,39439929.765.13$103,052
Jul 20033,1771,42629.415.17$100,809
Jun 20033,51583228.565.98$105,366
May 20031,2891,35926.595.97$42,391
Apr 20031,4091,47326.675.41$45,543
Mar 20031,5491,20831.146.10$55,600
Feb 20031,5881,71533.487.93$66,759
Jan 20032,0041,19030.315.58$67,384
Dec 20022,0141,50826.914.85$61,516
Nov 20022,3491,07124.664.14$62,357
Oct 20022,1651,12226.464.23$62,031
Sep 20023,0191,79927.443.64$89,381
Aug 20024,2632,15125.963.16$117,474
Jul 20024,79755824.583.06$119,619
Jun 20021,758023.733.34$41,717

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                  535 bbl  × $106.41 =    $56,929
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $56,929

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/24275 is the state's own key, not one this site invented.