SPRING VALLEY RANCH J

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 24476District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$10.9 M
Feb 2003 – May 2026
Value, last 12 filed months
$200 k
at the published price for each month
Months reported
280
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
OilDisposition158,569 bbl$10,674,387
Casinghead gasProduction33,025 Mcf$191,871
Total$10,866,258

Every month this lease reported (280)

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

280 months

May 20261800106.413.05$19,154
Apr 2026178098.932.87$17,610
Mar 2026187089.753.15$16,783
Feb 2026178063.503.75$11,303
Jan 2026181059.138.00$10,703
Dec 2025172056.664.41$9,746
Nov 2025347058.593.93$20,331
Oct 2025376059.383.30$22,327
Sep 2025193062.743.08$12,109
Aug 2025354063.933.01$22,631
Jul 2025373066.743.32$24,894
Jun 2025190066.483.13$12,631
May 2025342060.553.23$20,708
Apr 2025344062.363.54$21,452
Mar 2025561067.704.27$37,980
Feb 20250070.884.34$0
Jan 2025498074.324.28$37,011
Dec 2024179068.993.12$12,349
Nov 2024336469.052.20$23,210
Oct 20241781171.372.28$12,729
Sep 2024342669.612.36$23,821
Aug 2024354075.632.06$26,773
Jul 2024170079.932.15$13,588
Jun 2024379078.082.63$29,592
May 2024547078.812.20$43,109
Apr 2024356084.451.66$30,064
Mar 2024349080.301.55$28,025
Feb 2024566076.091.78$43,067
Jan 2024373073.023.30$27,236
Dec 2023689071.262.61$49,098
Nov 2023519077.892.81$40,425
Oct 20230085.443.09$0
Sep 202302189.042.74$57
Aug 20233653980.522.67$29,494
Jul 20233569074.852.64$26,884
Jun 20235153268.962.26$35,587
May 2023535070.622.23$37,782
Apr 2023361078.122.24$28,201
Mar 2023527072.852.39$38,392
Feb 20231075.112.47$75
Jan 2023511076.533.39$39,107
Dec 2022181076.415.73$13,830
Nov 2022531085.005.65$45,135
Oct 2022355087.185.86$30,949
Sep 20220084.888.16$0
Aug 202292094.529.13$8,696
Jul 202201101.587.54$8
Jun 20225340115.097.98$61,458
May 20221880109.378.43$20,562
Apr 20223630104.226.84$37,832
Mar 20223460108.885.08$37,672
Feb 2022547091.054.86$49,804
Jan 20221081.844.54$82
Dec 2021189071.323.90$13,479
Nov 2021550077.435.24$42,587
Oct 20210079.795.71$0
Sep 2021358069.865.35$25,010
Aug 2021342066.024.22$22,579
Jul 2021536570.783.98$37,958
Jun 20215425969.493.38$37,863
May 2021543063.483.02$34,470
Apr 20213060.362.76$181
Mar 2021188061.302.72$11,524
Feb 2021178057.805.55$10,288
Jan 2021901250.412.81$45,425
Dec 2020716144.642.68$31,965
Nov 20200038.772.71$0
Oct 2020919036.972.48$33,975
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 2020357030.341.86$10,831
Feb 2020546049.881.98$27,234
Jan 2020364057.252.09$20,839
Dec 2019178059.012.30$10,504
Nov 2019355055.302.75$19,632
Oct 2019536453.472.42$28,670
Sep 2019885055.052.66$48,719
Aug 201909153.112.30$210
Jul 2019357156.272.46$20,091
Jun 2019362452.782.49$19,116
May 20196853258.482.74$40,146
Apr 20199031362.632.75$56,591
Mar 2019722256.803.06$41,016
Feb 20197151750.852.79$36,405
Jan 2019531346.033.23$24,452
Dec 2018895546.594.19$41,719
Nov 2018557652.934.24$29,507
Oct 2018368361.443.40$22,620
Sep 2018897159.543.11$53,410
Aug 2018717759.403.07$42,611
Jul 2018892265.142.93$58,111
Jun 20181831260.183.08$11,050
May 20181,070265.382.90$69,962
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20181061.782.77$62
Jan 20181062.874.01$63
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20161048.763.72$49
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20163612345.352.69$16,433
May 2016380842.521.99$16,174
Apr 2016385236.561.99$14,080
Mar 201601633.011.79$29
Feb 20161226.472.06$31
Jan 20160027.352.36$0
Dec 20150132.362.00$2
Nov 20150738.792.17$15
Oct 20150043.552.43$0
Sep 201506242.992.76$171
Aug 20151857240.162.87$7,636
Jul 20157311648.152.95$35,245
Jun 20153705856.152.88$20,943
May 20157455055.212.96$41,279
Apr 20153875549.822.71$19,429
Mar 20155556542.892.93$23,995
Feb 20153665244.662.98$16,500
Jan 20155721143.433.10$24,876
Dec 2014497854.693.59$27,210
Nov 20147569370.464.25$53,663
Oct 20143822478.303.90$30,004
Sep 20143762986.164.05$32,513
Aug 20147081289.394.04$63,337
Jul 20143683696.564.18$35,685
Jun 20145211498.164.74$51,208
May 2014379094.734.73$35,903
Apr 20143831395.944.81$36,808
Mar 20142007195.895.06$19,537
Feb 201455911397.406.19$55,146
Jan 20141,1463490.404.86$103,764
Dec 201337924091.824.35$35,845
Nov 20135616088.853.74$50,069
Oct 20135278597.423.78$51,662
Sep 20137761104.113.72$80,793
Aug 201395937104.253.52$100,106
Jul 20131,286167102.523.72$132,462
Jun 201374112194.403.93$70,426
May 201394610794.834.15$90,153
Apr 20131,11514693.964.28$105,391
Mar 201393211593.623.91$87,704
Feb 201355514391.233.42$51,122
Jan 20131,66921591.603.42$153,616
Dec 20121,89014186.773.42$164,478
Nov 201274617886.953.62$65,510
Oct 20121,30523389.383.40$117,433
Sep 20121,52523694.672.92$145,060
Aug 20121,33527392.662.91$124,495
Jul 20121,68719885.133.02$144,212
Jun 20121,44030579.822.52$115,709
May 20122,38841791.612.49$219,802
Apr 20121,845241101.652.00$188,025
Mar 20121,697260105.052.22$178,848
Feb 20122,288238101.102.57$231,929
Jan 20122,244098.092.73$220,114
Dec 20112,670096.873.24$258,643
Nov 20112,601095.723.31$248,968
Oct 20111,861084.983.65$158,148
Sep 20110083.623.99$0
Aug 2011572083.404.15$47,705
Jul 20110094.144.52$0
Jun 20113092.904.64$279
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011017996.364.06$726
Feb 2011021385.644.18$890
Jan 2011022586.504.59$1,032
Dec 201018432285.734.35$17,174
Nov 201018211280.843.80$15,138
Oct 201054010478.103.51$42,539
Sep 201037512672.633.98$27,738
Aug 2010118973.684.42$909
Jul 201056920672.554.74$42,257
Jun 201072022970.364.91$51,784
May 201018720771.124.24$14,176
Apr 201052925081.694.12$44,245
Mar 201055715678.394.39$44,348
Feb 201053323473.585.44$40,492
Jan 201036430574.365.96$28,886
Dec 200954618471.445.48$40,015
Nov 200989633374.593.75$68,082
Oct 200954236372.544.11$40,809
Sep 200936240965.543.06$24,979
Aug 200953428267.423.22$36,910
Jul 200973230261.133.46$45,793
Jun 200958333066.163.90$39,857
May 200977729954.743.93$43,707
Apr 20099544046.773.59$44,762
Mar 2009191542.144.06$8,069
Feb 20090632.814.63$28
Jan 2009011335.865.37$607
Dec 20081992537.105.98$7,532
Nov 200819334355.496.86$13,063
Oct 200874944275.246.92$59,414
Sep 2008379158101.767.88$39,812
Aug 2008777171114.228.48$90,200
Jul 20080395131.0811.39$4,499
Jun 2008571484131.3313.03$81,297
May 2008791405123.1711.57$102,115
Apr 2008976295110.3110.45$110,747
Mar 2008966333101.909.66$101,654
Feb 200837933192.538.77$37,972
Jan 200897075990.388.21$93,897
Dec 200777923288.337.30$70,503
Nov 200799645091.677.29$94,585
Oct 200738749582.856.92$35,489
Sep 200796642175.846.24$75,890
Aug 20071,17533769.066.39$83,298
Jul 20071,55228670.906.39$111,864
Jun 200773833762.007.55$48,300
May 200758449058.747.85$38,149
Apr 20071,75328259.617.81$106,697
Mar 200794813556.927.30$54,946
Feb 20071,33112155.108.22$74,332
Jan 20079697350.306.73$49,232
Dec 20061,6812256.656.92$95,381
Nov 200656335054.207.62$33,181
Oct 20061,422054.906.01$78,068
Sep 20061,418060.085.04$85,193
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 2006023866.286.38$1,519
May 2006028366.016.42$1,818
Apr 200636830164.397.36$25,911
Mar 200637738256.707.08$24,082
Feb 200638525057.597.75$24,110
Jan 200638020260.598.93$24,829
Dec 20053781554.9413.42$20,969
Nov 20052026654.6910.59$11,746
Oct 20057314858.3413.80$43,309
Sep 200553416261.4512.08$34,771
Aug 20055201561.519.80$32,132
Jul 20053795255.697.84$21,514
Jun 20055744552.337.38$30,370
May 200537820745.226.65$18,470
Apr 200555616449.207.36$28,562
Mar 200538646050.377.15$22,734
Feb 200555427345.226.31$26,775
Jan 200555821843.166.32$25,462
Dec 200455431339.866.75$24,196
Nov 200457137745.286.33$28,241
Oct 2004749149.706.52$37,232
Sep 2004765043.245.28$33,079
Aug 2004559042.375.55$23,685
Jul 20041,31028638.286.08$51,887
Jun 200473337236.106.43$28,854
May 200475860437.486.49$32,333
Apr 20041,11562034.475.86$42,066
Mar 200478069134.365.53$30,622
Feb 200496850832.455.51$34,210
Jan 20041,34522032.036.30$44,466
Dec 200375834230.266.30$25,092
Nov 20031,35121428.804.60$39,892
Oct 20031,1521,52228.174.76$39,696
Sep 20031,6861,32526.314.75$50,652
Aug 20032,03233329.765.13$62,181
Jul 20032,6031,13229.415.17$82,408
Jun 20033,12192728.565.98$94,682
May 20033,492026.595.97$92,852
Apr 20031,9371026.675.41$51,714
Mar 200391037231.146.10$30,605
Feb 20031,791033.487.93$59,963

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/24476 is the state's own key, not one this site invented.