OEDING

Operated by REDBUD E & P, INC. (P-5 696678) 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 24745District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$4.2 M
Jul 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
251
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
OilDisposition44,452 bbl$2,955,864
Casinghead gasProduction178,665 Mcf$1,256,660
Total$4,212,524

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.2740, -95.6545. A lease has no coordinate of its own — that point is the mean of its wells, and they span 165.2 miles, so treat it as the lease's centre and not as its location.

30.27404, -95.65448 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
50.0%
1 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
7,945 ft
2 wells filed one
Completion to plug
13.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 5,550 and 10,340 ft, median 7,945 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2004 – Jul 2005
2 of 2 wells
Plug dates filed
May 1996 – Dec 2017
2 of 2 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

2 wells

42-149322961RE10,340 ftJul 2005May 1996
42-457004191 C5,550 ftSep 2004Dec 2017Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (251)

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

251 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 2022110104.226.84$1,146
Mar 202200108.885.08$0
Feb 2022177091.054.86$16,116
Jan 20220381.844.54$14
Dec 20210271.323.90$8
Nov 20210577.435.24$26
Oct 202101379.795.71$74
Sep 202108369.865.35$444
Aug 2021021166.024.22$891
Jul 2021036370.783.98$1,446
Jun 2021011969.493.38$402
May 2021020263.483.02$610
Apr 2021032660.362.76$899
Mar 202116910961.302.72$10,656
Feb 2021017457.805.55$965
Jan 2021018950.412.81$531
Dec 202014229544.642.68$7,128
Nov 2020423538.772.71$791
Oct 202017319436.972.48$6,877
Sep 2020220537.091.99$482
Aug 2020615639.982.39$612
Jul 2020023638.371.83$431
Jun 202018221634.901.69$6,717
May 2020024316.921.81$441
Apr 202018423414.751.80$3,136
Mar 2020032030.341.86$594
Feb 2020024449.881.98$483
Jan 2020111857.252.09$304
Dec 20198929459.012.30$5,929
Nov 201918119955.302.75$10,557
Oct 2019232153.472.42$883
Sep 201918923755.052.66$11,034
Aug 2019634753.112.30$1,118
Jul 201917116756.272.46$10,033
Jun 2019414152.782.49$562
May 201913258.482.74$146
Apr 20190262.632.75$6
Mar 201917647656.803.06$11,454
Feb 2019112050.852.79$386
Jan 201901546.033.23$48
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 201813861.443.40$191
Sep 201818824559.543.11$11,955
Aug 2018424159.403.07$977
Jul 201801365.142.93$38
Jun 20180760.183.08$22
May 201815465.382.90$222
Apr 201804563.842.90$131
Mar 201827961.222.79$343
Feb 20181871261.782.77$11,586
Jan 201801062.874.01$40
Dec 201701057.272.92$29
Nov 201702655.423.12$81
Oct 20170049.292.98$0
Sep 20170647.523.09$19
Aug 2017011145.373.00$333
Jul 2017017643.873.09$543
Jun 201717724042.493.09$8,262
May 201748345.373.26$452
Apr 201705647.933.21$180
Mar 201704946.772.98$146
Feb 201701650.452.95$47
Jan 201718310449.413.42$9,398
Dec 2016017548.763.72$652
Nov 2016014342.492.64$378
Oct 2016029046.193.09$896
Sep 201618432941.553.10$8,665
Aug 2016034741.442.92$1,015
Jul 2016041341.622.92$1,208
Jun 201618235545.352.69$9,207
May 2016036342.521.99$723
Apr 201618439536.561.99$7,514
Mar 2016028133.011.79$504
Feb 201618532426.472.06$5,566
Jan 2016032627.352.36$771
Dec 201517734132.362.00$6,410
Nov 2015026438.792.17$572
Oct 201517437443.552.43$8,485
Sep 2015029342.992.76$808
Aug 201517430440.162.87$7,861
Jul 2015031348.152.95$922
Jun 201518725856.152.88$11,244
May 2015033955.212.96$1,002
Apr 201518640349.822.71$10,357
Mar 2015030042.892.93$880
Feb 2015021844.662.98$649
Jan 201518334643.433.10$9,021
Dec 2014038554.693.59$1,383
Nov 201418931070.464.25$14,635
Oct 2014038178.303.90$1,486
Sep 2014033686.164.05$1,359
Aug 201418237689.394.04$17,786
Jul 2014038296.564.18$1,597
Jun 201419240098.164.74$20,741
May 2014033594.734.73$1,583
Apr 201419336695.944.81$20,277
Mar 2014032395.895.06$1,633
Feb 2014029797.406.19$1,839
Jan 201418743090.404.86$18,995
Dec 201319643591.824.35$19,891
Nov 2013043388.853.74$1,619
Oct 201318745897.423.78$19,948
Sep 20130355104.113.72$1,320
Aug 2013185360104.253.52$20,554
Jul 20130489102.523.72$1,818
Jun 201318350394.403.93$19,254
May 2013064094.834.15$2,655
Apr 201318025093.964.28$17,983
Mar 2013046993.623.91$1,835
Feb 201319042191.233.42$18,773
Jan 2013050591.603.42$1,727
Dec 201219049586.773.42$18,179
Nov 2012046986.953.62$1,700
Oct 201217745189.383.40$17,354
Sep 2012051194.672.92$1,491
Aug 201218659292.662.91$18,956
Jul 201218955485.133.02$17,763
Jun 2012053979.822.52$1,358
May 201219352891.612.49$18,995
Apr 20120498101.652.00$994
Mar 2012185425105.052.22$20,379
Feb 2012185431101.102.57$19,811
Jan 2012050098.092.73$1,367
Dec 201118561696.873.24$19,917
Nov 2011063195.723.31$2,089
Oct 201119464184.983.65$18,825
Sep 201118978183.623.99$18,917
Aug 2011033583.404.15$1,390
Jul 2011060594.144.52$2,733
Jun 201118660192.904.64$20,068
May 201119469998.134.40$22,116
Apr 20110676105.964.33$2,929
Mar 201119068696.364.06$21,092
Feb 2011063785.644.18$2,663
Jan 201119179086.504.59$20,147
Dec 201019672485.734.35$19,951
Nov 2010071980.843.80$2,729
Oct 201019147678.103.51$16,587
Sep 2010088072.633.98$3,502
Aug 201019293973.684.42$18,296
Jul 201019289172.554.74$18,150
Jun 2010090770.364.91$4,454
May 201019391471.124.24$17,597
Apr 201019387681.694.12$19,378
Mar 20101921,10878.394.39$19,914
Feb 201001,09773.585.44$5,970
Jan 20103901,17574.365.96$36,008
Dec 20091931,47271.445.48$21,860
Nov 20091891,74274.593.75$20,633
Oct 20093741,65472.544.11$33,928
Sep 2009071065.543.06$2,176
Aug 200918233567.423.22$13,349
Jul 2009059661.133.46$2,065
Jun 200919044066.163.90$14,284
May 20091971,01154.743.93$14,753
Apr 2009063146.773.59$2,264
Mar 200919678842.144.06$11,458
Feb 200920078832.814.63$10,213
Jan 200917374235.865.37$10,189
Dec 200819293537.105.98$12,712
Nov 200819594655.496.86$17,310
Oct 20081951,09675.246.92$22,258
Sep 2008389968101.767.88$47,210
Aug 20081931,175114.228.48$32,012
Jul 20081931,340131.0811.39$40,560
Jun 20081931,334131.3313.03$42,732
May 20083891,361123.1711.57$63,666
Apr 20083901,693110.3110.45$60,721
Mar 20083911,202101.909.66$51,459
Feb 20083911,80192.538.77$51,975
Jan 20083951,37490.388.21$46,975
Dec 200719870288.337.30$22,615
Nov 20073891,41391.677.29$45,963
Oct 20071941,55382.856.92$26,823
Sep 20073861,24475.846.24$37,042
Aug 20073852,09569.066.39$39,971
Jul 20073942,35270.906.39$42,959
Jun 20073942,19962.007.55$41,027
May 20075822,52258.747.85$53,975
Apr 20073952,06759.617.81$39,679
Mar 20075362,54056.927.30$49,056
Feb 20075942,17455.108.22$50,591
Jan 20075682,79350.306.73$47,358
Dec 20065543,00756.656.92$52,188
Nov 20065623,06654.207.62$53,816
Oct 20069253,71054.906.01$73,094
Sep 20067404,16160.085.04$65,419
Aug 20067184,77568.717.34$84,382
Jul 20067224,10569.376.34$76,122
Jun 20067301,78266.286.38$59,760
May 20063671,60766.016.42$34,551
Apr 20069093,79464.397.36$86,456
Mar 20069184,44256.707.08$83,513
Feb 20067334,47657.597.75$76,907
Jan 20061,2535,49160.598.93$124,972
Dec 20051,3005,60454.9413.42$146,602
Nov 20051,6546,72654.6910.59$161,675
Oct 20052,1647,34358.3413.80$227,550
Sep 20052,7845,85361.4512.08$241,775
Aug 20055,5978,47261.519.80$427,270
Jul 200553646655.697.84$33,505

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.

Apr 2022 — as filed, then multipliedworked
Oil                   11 bbl  × $104.22 =     $1,146
Casinghead gas         0 Mcf  × $  6.84 =         $0

────────────────────────────────────────────────────
Month total                                   $1,146

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/24745 is the state's own key, not one this site invented.