GROUNDHOG 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 24407District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$9.0 M
May 2003 – May 2026
Value, last 12 filed months
$150 k
at the published price for each month
Months reported
277
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
OilDisposition141,401 bbl$8,304,231
Casinghead gasProduction122,916 Mcf$669,080
Total$8,973,311

Every month this lease reported (277)

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

277 months

May 20261800106.413.05$19,154
Apr 2026180098.932.87$17,807
Mar 2026174089.753.15$15,617
Feb 2026180063.503.75$11,430
Jan 2026165059.138.00$9,756
Dec 2025170056.664.41$9,632
Nov 2025179058.593.93$10,488
Oct 2025180059.383.30$10,688
Sep 2025178062.743.08$11,168
Aug 2025168063.933.01$10,740
Jul 2025168066.743.32$11,212
Jun 2025181066.483.13$12,033
May 2025184060.553.23$11,141
Apr 2025181062.363.54$11,287
Mar 2025178067.704.27$12,051
Feb 2025188070.884.34$13,325
Jan 2025165074.324.28$12,263
Dec 2024357068.993.12$24,629
Nov 2024173069.052.20$11,946
Oct 2024176071.372.28$12,561
Sep 2024175069.612.36$12,182
Aug 2024179075.632.06$13,538
Jul 2024179079.932.15$14,307
Jun 2024180078.082.63$14,054
May 2024369078.812.20$29,081
Apr 20241708984.451.66$14,504
Mar 202417923080.301.55$14,729
Feb 202417724176.091.78$13,898
Jan 202435727973.023.30$26,988
Dec 202337526971.262.61$27,425
Nov 202336418277.892.81$28,863
Oct 202335938485.443.09$31,858
Sep 202318419689.042.74$16,919
Aug 202318136480.522.67$15,547
Jul 202317611474.852.64$13,475
Jun 2023117568.962.26$464
May 202317728170.622.23$13,126
Apr 202317921478.122.24$14,462
Mar 202316819872.852.39$12,713
Feb 202317921275.112.47$13,967
Jan 2023024476.533.39$827
Dec 202217819076.415.73$14,690
Nov 202216722985.005.65$15,488
Oct 202216821987.185.86$15,930
Sep 202217222484.888.16$16,428
Aug 202216725494.529.13$18,103
Jul 2022177292101.587.54$20,182
Jun 2022174206115.097.98$21,669
May 2022165184109.378.43$19,598
Apr 2022166249104.226.84$19,003
Mar 2022180251108.885.08$20,873
Feb 202216923591.054.86$16,529
Jan 202204481.844.54$200
Dec 202117521471.323.90$13,315
Nov 202118423677.435.24$15,483
Oct 20211673079.795.71$13,496
Sep 2021166269.865.35$11,607
Aug 2021172066.024.22$11,355
Jul 2021169670.783.98$11,986
Jun 20211633369.493.38$11,438
May 202135026263.483.02$23,009
Apr 202116225860.362.76$10,490
Mar 202116227761.302.72$10,683
Feb 202117218157.805.55$10,946
Jan 202117623950.412.81$9,544
Dec 202018117744.642.68$8,553
Nov 202017316938.772.71$7,165
Oct 202010224836.972.48$4,386
Sep 202035625637.091.99$13,714
Aug 2020015139.982.39$360
Jul 202016823038.371.83$6,866
Jun 202018817734.901.69$6,860
May 202018130916.921.81$3,623
Apr 202017520614.751.80$2,953
Mar 202016923130.341.86$5,556
Feb 202015927549.881.98$8,476
Jan 202017920957.252.09$10,686
Dec 201917219859.012.30$10,606
Nov 201917725855.302.75$10,498
Oct 201917130953.472.42$9,891
Sep 201916726855.052.66$9,906
Aug 201917430853.112.30$9,951
Jul 201916828256.272.46$10,147
Jun 201915929652.782.49$9,129
May 201933421758.482.74$20,127
Apr 201918528662.632.75$12,373
Mar 201916332656.803.06$10,257
Feb 20197525750.852.79$4,531
Jan 201925130246.033.23$12,528
Dec 201819030546.594.19$10,129
Nov 201816331252.934.24$9,950
Oct 201816931561.443.40$11,454
Sep 201823629659.543.11$14,971
Aug 201817231659.403.07$11,186
Jul 201818731065.142.93$13,090
Jun 201851330260.183.08$31,802
May 2018024665.382.90$714
Apr 201818226563.842.90$12,388
Mar 201819327761.222.79$12,587
Feb 201817225561.782.77$11,332
Jan 201818629662.874.01$12,881
Dec 201719424757.272.92$11,832
Nov 201718822855.423.12$11,130
Oct 201719021549.292.98$10,007
Sep 201736929447.523.09$18,443
Aug 2017011645.373.00$349
Jul 201737320743.873.09$17,003
Jun 201718825542.493.09$8,775
May 201719125445.373.26$9,495
Apr 201719825647.933.21$10,312
Mar 201719225246.772.98$9,732
Feb 201718922150.452.95$10,188
Jan 201735230249.413.42$18,425
Dec 201617926048.763.72$9,696
Nov 201617731242.492.64$8,346
Oct 201618833146.193.09$9,707
Sep 201618031241.553.10$8,446
Aug 201636135541.442.92$15,998
Jul 201618129841.622.92$8,405
Jun 201636135545.352.69$17,325
May 201617932042.521.99$8,248
Apr 201618031136.561.99$7,200
Mar 201619130333.011.79$6,849
Feb 201618531126.472.06$5,539
Jan 201635333527.352.36$10,447
Dec 201518333232.362.00$6,586
Nov 201518233038.792.17$7,775
Oct 201536933343.552.43$16,878
Sep 201518133742.992.76$8,711
Aug 201518134940.162.87$8,271
Jul 201536636148.152.95$18,686
Jun 201518136156.152.88$11,204
May 201536436755.212.96$21,181
Apr 201518735949.822.71$10,288
Mar 201519935542.892.93$9,577
Feb 201519033644.662.98$9,485
Jan 201536937643.433.10$17,192
Dec 201418338254.693.59$11,380
Nov 201436637870.464.25$27,396
Oct 201418237378.303.90$15,706
Sep 201435939286.164.05$32,517
Aug 201418338689.394.04$17,916
Jul 201434439196.564.18$34,851
Jun 201418440698.164.74$19,985
May 201437438094.734.73$37,225
Apr 201419038895.944.81$20,095
Mar 201437440695.895.06$37,916
Feb 201419437597.406.19$21,218
Jan 201419141990.404.86$19,303
Dec 201335539891.824.35$34,329
Nov 201334839888.853.74$32,408
Oct 201317942697.423.78$19,048
Sep 2013363346104.113.72$39,078
Aug 2013180115104.253.52$19,170
Jul 2013363443102.523.72$38,862
Jun 201335944094.403.93$35,620
May 201318344494.834.15$19,196
Apr 201334543693.964.28$34,283
Mar 201335645493.623.91$35,105
Feb 201336540991.233.42$34,698
Jan 201337248891.603.42$35,744
Dec 201236551786.773.42$33,439
Nov 201217921986.953.62$16,358
Oct 201217544189.383.40$17,141
Sep 201236128294.672.92$34,999
Aug 201236850992.662.91$35,579
Jul 201236925885.133.02$32,192
Jun 201237450679.822.52$31,127
May 201218151591.612.49$17,863
Apr 2012537494101.652.00$55,572
Mar 2012378474105.052.22$40,762
Feb 2012181443101.102.57$19,438
Jan 201256946998.092.73$57,095
Dec 201136046996.873.24$36,393
Nov 201137847595.723.31$37,755
Oct 201138455184.983.65$34,643
Sep 201136655283.623.99$32,805
Aug 201137158283.404.15$33,356
Jul 201155143394.144.52$53,827
Jun 201119315292.904.64$18,635
May 201156621698.134.40$56,493
Apr 2011181391105.964.33$20,873
Mar 201155654096.364.06$55,767
Feb 201136143585.644.18$32,734
Jan 201137250986.504.59$34,514
Dec 201052341685.734.35$46,645
Nov 201037847580.843.80$32,360
Oct 201055343378.103.51$44,709
Sep 201036851972.633.98$28,793
Aug 201054454573.684.42$42,490
Jul 201064460472.554.74$49,583
Jun 201054962570.364.91$41,697
May 201071875871.124.24$54,274
Apr 20101,07080081.694.12$90,706
Mar 201037223278.394.39$30,179
Feb 201036434273.585.44$28,644
Jan 201036244774.365.96$29,584
Dec 200936251071.445.48$28,658
Nov 200936148374.593.75$28,739
Oct 200936048672.544.11$28,112
Sep 200954250065.543.06$37,055
Aug 200936258667.423.22$26,292
Jul 200954464261.133.46$35,479
Jun 200936951366.163.90$26,411
May 200937460054.743.93$22,828
Apr 200955457846.773.59$27,984
Mar 200939961542.144.06$19,310
Feb 200939155032.814.63$15,377
Jan 200955344135.865.37$22,199
Dec 200856945637.105.98$23,835
Nov 200837746555.496.86$24,110
Oct 200855927975.246.92$43,990
Sep 2008572323101.767.88$60,751
Aug 2008573468114.228.48$69,418
Jul 2008389501131.0811.39$56,696
Jun 2008761495131.3313.03$106,393
May 2008385500123.1711.57$53,208
Apr 2008573620110.3110.45$69,690
Mar 2008575697101.909.66$65,328
Feb 200855763192.538.77$57,073
Jan 200859259590.388.21$58,387
Dec 200759065188.337.30$56,868
Nov 200758760291.677.29$58,200
Oct 200757273282.856.92$52,457
Sep 200757177975.846.24$48,169
Aug 200774980569.066.39$56,868
Jul 200756478770.906.39$45,015
Jun 200756677062.007.55$40,904
May 200777179658.747.85$51,534
Apr 200758982559.617.81$41,550
Mar 200794878856.927.30$59,714
Feb 200756474355.108.22$37,181
Jan 200777880850.306.73$44,569
Dec 200676685156.656.92$49,281
Nov 200693681954.207.62$56,970
Oct 200675295654.906.01$47,034
Sep 20069301,17260.085.04$61,778
Aug 20069071,16068.717.34$70,834
Jul 20069461,32369.376.34$74,015
Jun 20061,1121,18266.286.38$81,249
May 20061,1101,15766.016.42$80,705
Apr 200693899264.397.36$67,699
Mar 20061,13693856.707.08$71,055
Feb 20061,08983657.597.75$69,195
Jan 20061,3391,12360.598.93$91,162
Dec 20051,23485754.9413.42$79,293
Nov 20051,46286554.6910.59$89,116
Oct 20051,53088058.3413.80$101,400
Sep 20051,10879361.4512.08$77,665
Aug 20051,4791,59061.519.80$106,550
Jul 20051,4761,47555.697.84$93,768
Jun 20051,6531,46952.337.38$97,344
May 20051,6731,26245.226.65$84,047
Apr 20051,6701,45549.207.36$92,874
Mar 20051,9932,15250.377.15$115,785
Feb 20051,8091,74045.226.31$92,786
Jan 20052,2191,80043.166.32$107,152
Dec 20042,57455539.866.75$106,346
Nov 20042,78666645.286.33$130,366
Oct 20043,5261,10149.706.52$182,415
Sep 20044,4521,43843.245.28$200,103
Aug 20046,7632,52142.375.55$300,542
Jul 20041,11529338.286.08$44,465
Jun 200473313036.106.43$27,298
May 20041,2751,36137.486.49$56,626
Apr 20041,2931,30134.475.86$52,192
Mar 20041,8251,48234.365.53$70,903
Feb 20042,2361,47032.455.51$80,657
Jan 20042,3931,22132.036.30$84,340
Dec 20033,1851,23730.266.30$104,173
Nov 200374517528.804.60$22,260
Oct 20031803828.174.76$5,251
Sep 20031854126.314.75$5,062
Aug 20033788529.765.13$11,685
Jul 200374839629.415.17$24,046
Jun 20032,8881,59428.565.98$92,018
May 20032,34497026.595.97$68,120

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                  180 bbl  × $106.41 =    $19,154
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,154

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/24407 is the state's own key, not one this site invented.