POST OAK 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 24397District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$10.9 M
Nov 2002 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
283
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
OilDisposition183,313 bbl$10,735,400
Casinghead gasProduction36,024 Mcf$204,523
Total$10,939,923

Every month this lease reported (283)

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

283 months

May 20261710106.413.05$18,196
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026182059.138.00$10,762
Dec 20250056.664.41$0
Nov 2025163058.593.93$9,550
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025178063.933.01$11,380
Jul 20250066.743.32$0
Jun 2025175066.483.13$11,634
May 20250060.553.23$0
Apr 2025169062.363.54$10,539
Mar 20250067.704.27$0
Feb 2025174070.884.34$12,333
Jan 20250074.324.28$0
Dec 2024173068.993.12$11,935
Nov 20240069.052.20$0
Oct 2024173071.372.28$12,347
Sep 20241069.612.36$70
Aug 2024162075.632.06$12,252
Jul 2024167079.932.15$13,348
Jun 20240078.082.63$0
May 2024176078.812.20$13,871
Apr 2024171084.451.66$14,441
Mar 20240080.301.55$0
Feb 2024168076.091.78$12,783
Jan 2024169073.023.30$12,340
Dec 20230071.262.61$0
Nov 2023162077.892.81$12,618
Oct 2023172085.443.09$14,696
Sep 20230089.042.74$0
Aug 2023181080.522.67$14,574
Jul 2023172074.852.64$12,874
Jun 2023168068.962.26$11,585
May 2023163070.622.23$11,511
Apr 20230078.122.24$0
Mar 2023164072.852.39$11,947
Feb 2023164075.112.47$12,318
Jan 2023180076.533.39$13,775
Dec 20220076.415.73$0
Nov 2022172085.005.65$14,620
Oct 2022178087.185.86$15,518
Sep 2022138084.888.16$11,713
Aug 2022185094.529.13$17,486
Jul 202200101.587.54$0
Jun 20223540115.097.98$40,742
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022190081.844.54$15,550
Dec 2021172071.323.90$12,267
Nov 2021190077.435.24$14,712
Oct 2021176079.795.71$14,043
Sep 2021178069.865.35$12,435
Aug 20210066.024.22$0
Jul 2021342070.783.98$24,207
Jun 20210069.493.38$0
May 202104463.483.02$133
Apr 2021166960.362.76$10,045
Mar 2021176061.302.72$10,789
Feb 2021179057.805.55$10,346
Jan 2021166050.412.81$8,368
Dec 2020172044.642.68$7,678
Nov 20200038.772.71$0
Oct 2020177036.972.48$6,544
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20201030.341.86$30
Feb 2020353049.881.98$17,608
Jan 20201057.252.09$57
Dec 2019189059.012.30$11,153
Nov 2019176055.302.75$9,733
Oct 20190053.472.42$0
Sep 2019178055.052.66$9,799
Aug 20190053.112.30$0
Jul 2019165056.272.46$9,285
Jun 2019309152.782.49$16,312
May 2019332058.482.74$19,415
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018165052.934.24$8,733
Oct 20180061.443.40$0
Sep 2018354059.543.11$21,077
Aug 201801659.403.07$49
Jul 20181851965.142.93$12,107
Jun 20180160.183.08$3
May 2018177065.382.90$11,572
Apr 2018177163.842.90$11,303
Mar 2018366061.222.79$22,407
Feb 2018177361.782.77$10,943
Jan 2018177162.874.01$11,132
Dec 2017171157.272.92$9,796
Nov 20171155.423.12$59
Oct 2017360149.292.98$17,747
Sep 20170047.523.09$0
Aug 2017183345.373.00$8,312
Jul 2017181043.873.09$7,940
Jun 2017184042.493.09$7,818
May 2017166045.373.26$7,531
Apr 2017178047.933.21$8,532
Mar 2017362046.772.98$16,931
Feb 2017173150.452.95$8,731
Jan 2017178149.413.42$8,798
Dec 2016368048.763.72$17,944
Nov 2016170042.492.64$7,223
Oct 2016370746.193.09$17,112
Sep 2016178941.553.10$7,424
Aug 20163511941.442.92$14,601
Jul 20165663341.622.92$23,653
Jun 2016913945.352.69$41,429
May 20160242.521.99$4
Apr 20160436.561.99$8
Mar 20160133.011.79$2
Feb 20160326.472.06$6
Jan 20160227.352.36$5
Dec 201501132.362.00$22
Nov 201501138.792.17$24
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150140.162.87$3
Jul 2015754148.152.95$36,308
Jun 201537013156.152.88$21,153
May 2015015355.212.96$452
Apr 2015117749.822.71$529
Mar 201556711142.892.93$24,644
Feb 2015191044.662.98$8,530
Jan 20150243.433.10$6
Dec 2014384054.693.59$21,001
Nov 2014381070.464.25$26,845
Oct 20143833678.303.90$30,129
Sep 2014362786.164.05$31,218
Aug 2014189089.394.04$16,895
Jul 2014537596.564.18$51,874
Jun 2014192098.164.74$18,847
May 2014384094.734.73$36,376
Apr 20143841695.944.81$36,918
Mar 201438710295.895.06$37,625
Feb 20145708397.406.19$56,032
Jan 20145773390.404.86$52,321
Dec 2013377091.824.35$34,616
Nov 201356939488.853.74$52,029
Oct 201338011797.423.78$37,462
Sep 201318816104.113.72$19,632
Aug 201355721104.253.52$58,141
Jul 20135390102.523.72$55,258
Jun 20135703894.403.93$53,957
May 201356112394.834.15$53,710
Apr 2013564093.964.28$52,993
Mar 20131,132093.623.91$105,978
Feb 20137285191.233.42$66,590
Jan 20135412791.603.42$49,648
Dec 20121861986.773.42$16,204
Nov 2012377286.953.62$32,787
Oct 201201489.383.40$48
Sep 20121,321194.672.92$125,062
Aug 2012186092.662.91$17,235
Jul 2012191085.133.02$16,260
Jun 2012353079.822.52$28,176
May 201219215091.612.49$17,962
Apr 201238057101.652.00$38,741
Mar 20129360105.052.22$98,327
Feb 20120378101.102.57$972
Jan 201296051098.092.73$95,561
Dec 20111,14721096.873.24$111,790
Nov 201138123995.723.31$37,261
Oct 201157729584.983.65$50,110
Sep 20111,08325183.623.99$91,561
Aug 201176413683.404.15$64,282
Jul 20115713294.144.52$53,898
Jun 20111,3235492.904.64$123,157
May 20117661798.134.40$75,242
Apr 20119660105.964.33$102,357
Mar 20112,1074696.364.06$203,217
Feb 201135223085.644.18$31,107
Jan 2011026486.504.59$1,211
Dec 20101,66634485.734.35$144,322
Nov 20101,46640580.843.80$120,049
Oct 20101,11636378.103.51$88,433
Sep 201038420172.633.98$28,690
Aug 2010234373.684.42$1,663
Jul 2010029972.554.74$1,416
Jun 201035223570.364.91$25,921
May 201091325571.124.24$66,013
Apr 201089826881.694.12$74,463
Mar 20101,13024278.394.39$89,643
Feb 20101,27421573.585.44$94,911
Jan 201073433274.365.96$56,560
Dec 2009916071.445.48$65,439
Nov 20091,628074.593.75$121,433
Oct 20091,62721972.544.11$118,923
Sep 20091,11929365.543.06$74,237
Aug 20092,00227267.423.22$135,850
Jul 20092,5735661.133.46$157,482
Jun 2009011166.163.90$432
May 2009019554.743.93$766
Apr 20091,3592446.773.59$63,647
Mar 200902942.144.06$118
Feb 200901832.814.63$83
Jan 200904335.865.37$231
Dec 200808137.105.98$484
Nov 20087608855.496.86$42,776
Oct 20087939075.246.92$60,288
Sep 2008764119101.767.88$78,682
Aug 20081,149133114.228.48$132,367
Jul 20081,164103131.0811.39$153,750
Jun 200838564131.3313.03$51,396
May 2008194108123.1711.57$25,145
Apr 2008780116110.3110.45$87,255
Mar 20081,147102101.909.66$117,865
Feb 200877610292.538.77$72,698
Jan 200879227090.388.21$73,797
Dec 200799312788.337.30$88,639
Nov 200793712291.677.29$86,784
Oct 200720122182.856.92$18,183
Sep 20071,03610275.846.24$79,207
Aug 200758523769.066.39$41,914
Jul 20071,15217270.906.39$82,776
Jun 200796825062.007.55$61,903
May 200793017958.747.85$56,033
Apr 200797918059.617.81$59,763
Mar 200799515756.927.30$57,782
Feb 20079779855.108.22$54,638
Jan 20071,14610250.306.73$58,330
Dec 20061,8266856.656.92$103,913
Nov 200619214854.207.62$11,534
Oct 20061,75212554.906.01$96,937
Sep 200688521960.085.04$54,274
Aug 20061,25510768.717.34$87,016
Jul 200669521469.376.34$49,570
Jun 20061,67717866.286.38$112,288
May 20061,48821266.016.42$99,585
Apr 20061,11129664.397.36$73,716
Mar 20061,663456.707.08$94,320
Feb 20061,09720357.597.75$64,750
Jan 20061,23226260.598.93$76,987
Dec 20051,89325654.9413.42$107,436
Nov 20051,68614354.6910.59$93,721
Oct 20051,23723558.3413.80$75,409
Sep 20051,29126461.4512.08$82,521
Aug 20052,17926761.519.80$136,646
Jul 20051,83428555.697.84$104,371
Jun 20052,24727352.337.38$119,601
May 20052,59314945.226.65$118,246
Apr 20052,232249.207.36$109,829
Mar 20051,811050.377.15$91,220
Feb 20050345.226.31$19
Jan 20051,41913243.166.32$62,079
Dec 20041,41964239.866.75$60,896
Nov 20041,85361745.286.33$87,810
Oct 20041,67784749.706.52$88,865
Sep 20042,05284643.245.28$93,199
Aug 20042,0485942.375.55$87,101
Jul 20042,23944038.286.08$88,386
Jun 20042,45271936.106.43$93,143
May 20042,62469737.486.49$102,874
Apr 20043,20194334.475.86$115,863
Mar 20044,07371134.365.53$143,880
Feb 20042,2622,05932.455.51$84,746
Jan 20044,9891,69532.036.30$170,476
Dec 20036,1451,10530.266.30$192,911
Nov 20034,3571,07328.804.60$130,412
Oct 20034,2421,13328.174.76$124,890
Sep 20034,0911,13726.314.75$113,034
Aug 20034,2474,40729.765.13$148,997
Jul 20035,944029.415.17$174,813
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20022,959024.664.14$72,969

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                  171 bbl  × $106.41 =    $18,196
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,196

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/24397 is the state's own key, not one this site invented.