SPRING VALLEY RANCH E

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 24554District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$13.3 M
Mar 2004 – May 2026
Value, last 12 filed months
$152 k
at the published price for each month
Months reported
267
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
OilDisposition197,787 bbl$13,006,454
Casinghead gasProduction47,669 Mcf$293,327
Total$13,299,780

Every month this lease reported (267)

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

267 months

May 202636674106.413.05$39,171
Apr 202602998.932.87$83
Mar 20261794189.753.15$16,194
Feb 20261888363.503.75$12,249
Jan 20261849259.138.00$11,616
Dec 202518512656.664.41$11,038
Nov 20252049458.593.93$12,321
Oct 2025018559.383.30$611
Sep 20251818062.743.08$11,602
Aug 20251857463.933.01$12,050
Jul 20253696966.743.32$24,856
Jun 202503066.483.13$94
May 20253483560.553.23$21,185
Apr 202503462.363.54$120
Mar 20251781767.704.27$12,123
Feb 20253741770.884.34$26,583
Jan 202503974.324.28$167
Dec 20243735468.993.12$25,902
Nov 20241784369.052.20$12,385
Oct 20241776671.372.28$12,783
Sep 20241874169.612.36$13,114
Aug 20241847475.632.06$14,069
Jul 20241737679.932.15$13,991
Jun 20241772278.082.63$13,878
May 20243593778.812.20$28,374
Apr 20241725184.451.66$14,610
Mar 20241922080.301.55$15,449
Feb 20243651276.091.78$27,794
Jan 20241783673.023.30$13,116
Dec 20233585971.262.61$25,665
Nov 20231804577.892.81$14,147
Oct 20233631085.443.09$31,046
Sep 2023176689.042.74$15,687
Aug 20231762680.522.67$14,241
Jul 20231773174.852.64$13,330
Jun 20233656368.962.26$25,313
May 2023557070.622.23$39,335
Apr 2023178078.122.24$13,905
Mar 2023355072.852.39$25,862
Feb 2023180075.112.47$13,520
Jan 2023334076.533.39$25,561
Dec 2022179076.415.73$13,677
Nov 2022347085.005.65$29,495
Oct 2022181087.185.86$15,780
Sep 2022333084.888.16$28,265
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202201109.378.43$8
Apr 202201104.226.84$7
Mar 202201108.885.08$5
Feb 20220191.054.86$5
Jan 20220181.844.54$5
Dec 20210171.323.90$4
Nov 20210177.435.24$5
Oct 20210279.795.71$11
Sep 20211871369.865.35$13,133
Aug 20213517066.024.22$23,468
Jul 20213675670.783.98$26,199
Jun 20215466069.493.38$38,144
May 20211826463.483.02$11,746
Apr 20215451760.362.76$32,943
Mar 20215091061.302.72$31,229
Feb 2021352057.805.55$20,346
Jan 2021713050.412.81$35,942
Dec 2020364044.642.68$16,249
Nov 2020380038.772.71$14,733
Oct 20200036.972.48$0
Sep 2020365037.091.99$13,538
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 2020182030.341.86$5,522
Feb 2020359049.881.98$17,907
Jan 2020672057.252.09$38,472
Dec 2019365059.012.30$21,539
Nov 20190055.302.75$0
Oct 20193671253.472.42$19,653
Sep 20191842355.052.66$10,190
Aug 20193572653.112.30$19,020
Jul 2019366856.272.46$20,615
Jun 2019548052.782.49$28,923
May 20197224858.482.74$42,354
Apr 20191702062.632.75$10,702
Mar 20191791356.803.06$10,207
Feb 20191852650.852.79$9,480
Jan 20193791246.033.23$17,484
Dec 20181801246.594.19$8,436
Nov 20185533352.934.24$29,410
Oct 2018355261.443.40$21,818
Sep 20180159.543.11$3
Aug 20180259.403.07$6
Jul 20183451265.142.93$22,508
Jun 2018184260.183.08$11,079
May 201805965.382.90$171
Apr 2018719663.842.90$45,918
Mar 20181871261.222.79$11,482
Feb 20182831161.782.77$17,514
Jan 2018543162.874.01$34,142
Dec 2017364057.272.92$20,846
Nov 20170055.423.12$0
Oct 20171149.292.98$52
Sep 20170847.523.09$25
Aug 20173587745.373.00$16,474
Jul 20175186443.873.09$22,922
Jun 20175319042.493.09$22,840
May 2017896845.373.26$40,678
Apr 201705247.933.21$167
Mar 20175495546.772.98$25,841
Feb 2017530850.452.95$26,762
Jan 20171872849.413.42$9,335
Dec 2016383048.763.72$18,675
Nov 20160042.492.64$0
Oct 20160246.193.09$6
Sep 201604141.553.10$127
Aug 20161698241.442.92$7,243
Jul 20167219741.622.92$30,292
Jun 2016744445.352.69$33,751
May 20160142.521.99$2
Apr 20160336.561.99$6
Mar 20160233.011.79$4
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150138.792.17$2
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150140.162.87$3
Jul 20151873348.152.95$9,101
Jun 20151847356.152.88$10,542
May 20155561455.212.96$30,738
Apr 2015188049.822.71$9,366
Mar 20150042.892.93$0
Feb 20150144.662.98$3
Jan 201503843.433.10$118
Dec 20143633654.693.59$19,982
Nov 20143819770.464.25$27,258
Oct 201438014178.303.90$30,304
Sep 201437613986.164.05$32,958
Aug 201456412689.394.04$50,924
Jul 20143409496.564.18$33,223
Jun 20143808498.164.74$37,699
May 20145605394.734.73$53,299
Apr 20145622495.944.81$54,034
Mar 201476110795.895.06$73,513
Feb 2014212597.406.19$969
Jan 20145749390.404.86$52,342
Dec 201376116691.824.35$70,598
Nov 201338120288.853.74$34,607
Oct 201375923897.423.78$74,841
Sep 201375998104.113.72$79,384
Aug 201341750104.253.52$43,648
Jul 2013354214102.523.72$37,088
Jun 201375315694.403.93$71,697
May 201318422094.834.15$18,362
Apr 201356825093.964.28$54,440
Mar 201391718993.623.91$86,589
Feb 201356116791.233.42$51,751
Jan 201392418791.603.42$85,278
Dec 201255428386.773.42$49,038
Nov 201256919786.953.62$50,189
Oct 201294425289.383.40$85,231
Sep 201274719494.672.92$71,285
Aug 201274126392.662.91$69,426
Jul 201295219585.133.02$81,633
Jun 201295022179.822.52$76,386
May 201292134291.612.49$85,224
Apr 20121,130202101.652.00$115,268
Mar 2012584107105.052.22$61,587
Feb 20121,122287101.102.57$114,172
Jan 201296029398.092.73$94,967
Dec 201176425196.873.24$74,822
Nov 20111,33435895.723.31$128,876
Oct 201157631684.983.65$50,101
Sep 201195228883.623.99$80,754
Aug 20111,13325483.404.15$95,546
Jul 20111,32211294.144.52$124,959
Jun 20111,13836292.904.64$107,400
May 20111,89437898.134.40$187,523
Apr 20112,096175105.964.33$222,850
Mar 20111,5207496.364.06$146,767
Feb 201105485.644.18$226
Jan 201104686.504.59$211
Dec 2010011885.734.35$513
Nov 201018219280.843.80$15,442
Oct 201054524378.103.51$43,417
Sep 201038317872.633.98$28,526
Aug 201037922873.684.42$28,932
Jul 201054720972.554.74$40,675
Jun 201074118770.364.91$53,055
May 20101,08220671.124.24$77,824
Apr 201037025781.694.12$31,285
Mar 201092813678.394.39$73,343
Feb 201092728273.585.44$69,743
Jan 201073930874.365.96$56,789
Dec 20091,27827271.445.48$92,792
Nov 20091,08627474.593.75$82,033
Oct 200991524772.544.11$67,389
Sep 200936728965.543.06$24,939
Aug 200992630067.423.22$63,396
Jul 20091,09226761.133.46$67,679
Jun 20091,32530166.163.90$88,834
May 20091,54612554.743.93$85,119
Apr 20091,5546346.773.59$72,907
Mar 20093896742.144.06$16,664
Feb 200905632.814.63$259
Jan 2009013135.865.37$704
Dec 200819532637.105.98$9,183
Nov 20081,35323455.496.86$76,683
Oct 200895223675.246.92$73,262
Sep 2008779353101.767.88$82,052
Aug 20081,517253114.228.48$175,418
Jul 20081,139375131.0811.39$153,571
Jun 20081,741398131.3313.03$233,833
May 20081,729315123.1711.57$216,607
Apr 20082,118100110.3110.45$234,682
Mar 2008985131101.909.66$101,637
Feb 200879413192.538.77$74,618
Jan 20081,15471190.388.21$110,133
Dec 20071,55745788.337.30$140,867
Nov 20071,56946091.677.29$147,184
Oct 20071,57937082.856.92$133,381
Sep 20071,55536875.846.24$120,229
Aug 20071,57243769.066.39$111,354
Jul 20072,33443970.906.39$168,285
Jun 20071,93943762.007.55$123,517
May 20072,32032858.747.85$138,850
Apr 20071,77715559.617.81$107,137
Mar 20071,88213256.927.30$108,087
Feb 20072,08215455.108.22$115,983
Jan 20072,1852550.306.73$110,074
Dec 2006795156.656.92$45,044
Nov 200614854.207.62$420
Oct 200638033354.906.01$22,865
Sep 20061,09035160.085.04$67,255
Aug 20061,41126768.717.34$98,910
Jul 200689231969.376.34$63,901
Jun 20061,56645166.286.38$106,674
May 20061,62453766.016.42$110,650
Apr 20061,48138264.397.36$98,173
Mar 20061,57316556.707.08$90,358
Feb 200689342357.597.75$54,707
Jan 20062,05945160.598.93$128,784
Dec 20051,06350954.9413.42$65,230
Nov 20051,30316354.6910.59$72,987
Oct 20052,11563058.3413.80$132,080
Sep 20051,28159261.4512.08$85,868
Aug 20051,64499761.519.80$110,890
Jul 20052,20275055.697.84$128,512
Jun 20051,85495852.337.38$104,091
May 20052,2381,63245.226.65$112,057
Apr 20052,5211,27849.207.36$133,440
Mar 20052,5751,18750.377.15$138,196
Feb 20052,8621,44245.226.31$138,521
Jan 20055731,26443.166.32$32,722
Dec 20043,3291,99039.866.75$146,129
Nov 20043,29760845.286.33$153,137
Oct 20043,6801,83649.706.52$194,858
Sep 20045,16855243.245.28$226,381
Aug 20043,10666442.375.55$135,287
Jul 20044,07840438.286.08$158,564
Jun 20043,67156236.106.43$136,138
May 20045,27973237.486.49$202,611
Apr 20046,72473734.475.86$236,094
Mar 20043,46111834.365.53$119,573

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                  366 bbl  × $106.41 =    $38,946
Casinghead gas        74 Mcf  × $  3.05 =       $225

────────────────────────────────────────────────────
Month total                                  $39,171

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/24554 is the state's own key, not one this site invented.