NEWMAN

Operated by LAMA ENERGY, L.L.C. (P-5 483894) 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 25294District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$1.0 M
Nov 2008 – May 2015
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
79
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
OilDisposition13,271 bbl$898,269
Casinghead gasProduction30,623 Mcf$130,223
Total$1,028,493

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 29.9844, -97.0951. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

29.98446, -97.09509 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
7,381 ft
2 wells filed one
Completion to plug
6.9 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 7,209 and 7,553 ft, median 7,381 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2009 – Sep 2010
2 of 2 wells
Plug dates filed
Nov 2014 – Aug 2018
2 of 2 wells

Last completion to plug: a median of 6.9 years across the 2 wells that filed both dates, with the middle half between 6.3 years and 7.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-149332111H7,209 ftSep 2010Aug 2018Yes
42-149305652 H7,553 ftJan 2009Nov 2014Yes

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 (79)

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

79 months

May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201426054.693.59$1,422
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201429086.164.05$2,499
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201304102.523.72$15
Jun 20130494.403.93$16
May 20130094.834.15$0
Apr 2013158093.964.28$14,846
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20121704386.953.62$14,937
Oct 201201589.383.40$51
Sep 20121542394.672.92$14,646
Aug 2012015192.662.91$439
Jul 201216613685.133.02$14,542
Jun 201208079.822.52$202
May 2012013591.612.49$336
Apr 2012176100101.652.00$18,090
Mar 20120142105.052.22$316
Feb 2012177270101.102.57$18,589
Jan 2012029198.092.73$796
Dec 201114038196.873.24$14,796
Nov 201116143095.723.31$16,835
Oct 201116659184.983.65$16,263
Sep 20110883.623.99$32
Aug 20111727983.404.15$14,673
Jul 201117815494.144.52$17,453
Jun 201169734492.904.64$66,347
May 201135635198.134.40$36,480
Apr 2011524378105.964.33$57,161
Mar 201153542696.364.06$53,281
Feb 201117137285.644.18$16,199
Jan 201118152386.504.59$18,056
Dec 2010057285.734.35$2,487
Nov 201018156280.843.80$16,765
Oct 201018368378.103.51$16,689
Sep 2010049072.633.98$1,950
Aug 201017776973.684.42$16,440
Jul 201017172172.554.74$15,821
Jun 201036099270.364.91$30,201
May 20101741,63971.124.24$19,316
Apr 201001,14381.694.12$4,712
Mar 20103452,13578.394.39$36,414
Feb 20101732,68373.585.44$27,331
Jan 201018065974.365.96$17,315
Dec 200917941771.445.48$15,074
Nov 200917744674.593.75$14,876
Oct 200917736372.544.11$14,332
Sep 200933160565.543.06$23,548
Aug 200934859667.423.22$25,380
Jul 200935262761.133.46$23,690
Jun 200969767666.163.90$48,747
May 200935656254.743.93$21,694
Apr 200988991346.773.59$44,854
Mar 20091,0733,92242.144.06$61,136
Feb 20091,0562,23432.814.63$44,997
Jan 20091,22278335.865.37$48,026
Dec 20080037.105.98$0
Nov 2008133055.496.86$7,380

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.

Dec 2014 — as filed, then multipliedworked
Oil                   26 bbl  × $ 54.69 =     $1,422
Casinghead gas         0 Mcf  × $  3.59 =         $0

────────────────────────────────────────────────────
Month total                                   $1,422

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/25294 is the state's own key, not one this site invented.