SPRING VALLEY RANCH M

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 24552District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$4.9 M
Sep 2003 – May 2026
Value, last 12 filed months
$94 k
at the published price for each month
Months reported
273
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
OilDisposition79,742 bbl$4,699,543
Casinghead gasProduction29,598 Mcf$171,438
Total$4,870,982

Every month this lease reported (273)

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

273 months

May 20261880106.413.05$20,005
Apr 2026189098.932.87$18,698
Mar 20260089.753.15$0
Feb 2026179063.503.75$11,367
Jan 2026179059.138.00$10,584
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025179059.383.30$10,629
Sep 20250062.743.08$0
Aug 2025177063.933.01$11,316
Jul 20250066.743.32$0
Jun 2025167066.483.13$11,102
May 20250060.553.23$0
Apr 2025179062.363.54$11,162
Mar 2025180067.704.27$12,186
Feb 2025177070.884.34$12,546
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024190069.052.20$13,120
Oct 20240071.372.28$0
Sep 2024178069.612.36$12,391
Aug 2024192075.632.06$14,521
Jul 20241079.932.15$80
Jun 2024180078.082.63$14,054
May 2024178078.812.20$14,028
Apr 20241084.451.66$84
Mar 2024179080.301.55$14,374
Feb 2024184076.091.78$14,001
Jan 20242073.023.30$146
Dec 2023186071.262.61$13,254
Nov 2023185077.892.81$14,410
Oct 20230085.443.09$0
Sep 2023179089.042.74$15,938
Aug 2023184080.522.67$14,816
Jul 2023185074.852.64$13,847
Jun 2023180068.962.26$12,413
May 2023179070.622.23$12,641
Apr 20230078.122.24$0
Mar 2023185072.852.39$13,477
Feb 2023195075.112.47$14,646
Jan 20230076.533.39$0
Dec 2022180076.415.73$13,754
Nov 20220085.005.65$0
Oct 2022181087.185.86$15,780
Sep 2022266084.888.16$22,578
Aug 2022268094.529.13$25,331
Jul 202200101.587.54$0
Jun 20221720115.097.98$19,795
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221850108.885.08$20,143
Feb 2022182091.054.86$16,571
Jan 2022367081.844.54$30,035
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202121963.483.02$184
Apr 2021183060.362.76$11,046
Mar 2021350061.302.72$21,455
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020363044.642.68$16,204
Nov 20200038.772.71$0
Oct 2020713036.972.48$26,360
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 20200030.341.86$0
Feb 2020533049.881.98$26,586
Jan 2020189057.252.09$10,820
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019177058.482.74$10,351
Apr 20191062.632.75$63
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018181052.934.24$9,580
Oct 2018178061.443.40$10,936
Sep 20180159.543.11$3
Aug 201801759.403.07$52
Jul 2018177465.142.93$11,542
Jun 2018188360.183.08$11,323
May 20181681065.382.90$11,013
Apr 2018189363.842.90$12,074
Mar 2018188561.222.79$11,523
Feb 2018357061.782.77$22,055
Jan 20180262.874.01$8
Dec 2017179057.272.92$10,251
Nov 20170055.423.12$0
Oct 20171149.292.98$52
Sep 20170147.523.09$3
Aug 2017186345.373.00$8,448
Jul 201701943.873.09$59
Jun 20171881842.493.09$8,044
May 2017176245.373.26$7,992
Apr 2017336447.933.21$16,117
Mar 20171823046.772.98$8,602
Feb 2017351150.452.95$17,711
Jan 20170049.413.42$0
Dec 20160248.763.72$7
Nov 201601342.492.64$34
Oct 2016191646.193.09$8,841
Sep 20160041.553.10$0
Aug 20161761641.442.92$7,340
Jul 2016554041.622.92$23,057
Jun 2016377845.352.69$17,118
May 20160542.521.99$10
Apr 201601036.561.99$20
Mar 201607733.011.79$138
Feb 20160426.472.06$8
Jan 20160627.352.36$14
Dec 201501432.362.00$28
Nov 201503738.792.17$80
Oct 20150043.552.43$0
Sep 20150342.992.76$8
Aug 20151903040.162.87$7,717
Jul 20153754648.152.95$18,192
Jun 201505756.152.88$164
May 20151806155.212.96$10,118
Apr 201512449.822.71$115
Mar 20151911942.892.93$8,248
Feb 20151784844.662.98$8,092
Jan 20151917343.433.10$8,521
Dec 20143596254.693.59$19,856
Nov 201413170.464.25$202
Oct 20141792978.303.90$14,129
Sep 20142947886.164.05$25,647
Aug 201415289.394.04$299
Jul 20141877396.564.18$18,362
Jun 20141784398.164.74$17,676
May 20141901594.734.73$18,070
Apr 2014192695.944.81$18,449
Mar 20140395.895.06$15
Feb 2014573597.406.19$55,841
Jan 201433090.404.86$417
Dec 20131832391.824.35$16,903
Nov 2013368388.853.74$32,708
Oct 201319010097.423.78$18,888
Sep 20133750104.113.72$39,041
Aug 20131747104.253.52$18,164
Jul 20133675102.523.72$37,643
Jun 2013015694.403.93$614
May 2013375094.834.15$35,561
Apr 20131793.964.28$124
Mar 20134923293.623.91$46,186
Feb 2013746091.233.42$68,058
Jan 20130091.603.42$0
Dec 201209986.773.42$339
Nov 2012013286.953.62$478
Oct 20121857489.383.40$16,787
Sep 201216912694.672.92$16,367
Aug 2012537092.662.91$49,758
Jul 20123703585.133.02$31,604
Jun 201223979.822.52$258
May 20123774791.612.49$34,654
Apr 201219113101.652.00$19,441
Mar 201257713105.052.22$60,643
Feb 201219426101.102.57$19,680
Jan 2012538098.092.73$52,772
Dec 20111931996.873.24$18,757
Nov 2011377295.723.31$36,093
Oct 2011580684.983.65$49,310
Sep 2011192283.623.99$16,063
Aug 2011350083.404.15$29,190
Jul 201137919994.144.52$36,578
Jun 201157090292.904.64$57,138
May 201137337798.134.40$38,263
Apr 201193152105.964.33$98,874
Mar 201156648996.364.06$56,524
Feb 20111,51313485.644.18$130,133
Jan 201138210586.504.59$33,525
Dec 2010227385.734.35$1,358
Nov 2010015580.843.80$588
Oct 201017623978.103.51$14,584
Sep 201017120972.633.98$13,251
Aug 201017415773.684.42$13,514
Jul 201018210772.554.74$13,711
Jun 201019319170.364.91$14,517
May 201076020071.124.24$54,898
Apr 20101793681.694.12$14,771
Mar 201006478.394.39$281
Feb 201007873.585.44$425
Jan 20107166274.365.96$53,612
Dec 20091736371.445.48$12,705
Nov 200907974.593.75$296
Oct 200935910372.544.11$26,465
Sep 2009014965.543.06$457
Aug 200905567.423.22$177
Jul 200935416261.133.46$22,201
Jun 2009586166.163.90$38,774
May 200938310554.743.93$21,378
Apr 20091974846.773.59$9,386
Mar 20090042.144.06$0
Feb 200907932.814.63$366
Jan 200907535.865.37$403
Dec 200837810437.105.98$14,645
Nov 2008017355.496.86$1,187
Oct 200838410375.246.92$29,605
Sep 2008365173101.767.88$38,505
Aug 2008191121114.228.48$22,842
Jul 20083890131.0811.39$50,990
Jun 2008012131.3313.03$156
May 200816156123.1711.57$20,479
Apr 200839595110.3110.45$44,566
Mar 200858013101.909.66$59,228
Feb 20081981392.538.77$18,435
Jan 2008033090.388.21$2,708
Dec 200719929888.337.30$19,754
Nov 200737850091.677.29$38,297
Oct 200738833182.856.92$34,437
Sep 200719627775.846.24$16,594
Aug 200737640369.066.39$28,541
Jul 200738135270.906.39$29,261
Jun 200759340362.007.55$39,808
May 200759230358.747.85$37,152
Apr 200719518959.617.81$13,099
Mar 20073419456.927.30$20,096
Feb 200701055.108.22$82
Jan 2007490950.306.73$24,708
Dec 2006386056.656.92$21,867
Nov 2006115854.207.62$1,258
Oct 200636614354.906.01$20,953
Sep 200618918060.085.04$12,262
Aug 2006550068.717.34$37,791
Jul 2006179069.376.34$12,417
Jun 2006367066.286.38$24,325
May 2006546066.016.42$36,041
Apr 2006189064.397.36$12,170
Mar 20065683456.707.08$32,446
Feb 200637940557.597.75$24,966
Jan 200637830660.598.93$25,637
Dec 200554419954.9413.42$32,557
Nov 2005395254.6910.59$21,624
Oct 20059088758.3413.80$54,173
Sep 200554118661.4512.08$35,491
Aug 200571110861.519.80$44,792
Jul 20053742455.697.84$21,016
Jun 200518719652.337.38$11,232
May 2005728045.226.65$32,920
Apr 2005019649.207.36$1,443
Mar 200535927250.377.15$20,029
Feb 20051,09019045.226.31$50,489
Jan 200518324643.166.32$9,454
Dec 200473877839.866.75$34,669
Nov 200456693945.286.33$31,573
Oct 200490670449.706.52$49,615
Sep 200473977143.245.28$36,028
Aug 200493946742.375.55$42,378
Jul 200468361938.286.08$29,911
Jun 200468391536.106.43$30,543
May 20041,13898637.486.49$49,056
Apr 20041,70375434.475.86$63,120
Mar 20041,5691,00534.365.53$59,469
Feb 20041,5551,70932.455.51$59,876
Jan 20042,112032.036.30$67,647
Dec 20032,3181,88530.266.30$82,021
Nov 20033,5622,76328.804.60$115,282
Oct 20037,07296628.174.76$203,816
Sep 20031,714026.314.75$45,095

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                  188 bbl  × $106.41 =    $20,005
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $20,005

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/24552 is the state's own key, not one this site invented.