BIGHAM UNIT

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the CYPRESS LANDING (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25928District 03Field 22418500OilCasinghead gasSaveExport
Value, all time
$7.7 M
Oct 2012 – May 2026
Value, last 12 filed months
$93 k
at the published price for each month
Months reported
164
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
2012-10-20
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 2013-02-26.

The Commission's schedule remark for this field reads: AN EXCEPTION TO THE 10 DAY RULE REQUIRED IN SWR 51(A).

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
OilDisposition97,357 bbl$7,216,788
Casinghead gasProduction123,119 Mcf$466,243
Total$7,683,032

Wells on this lease (1)

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 29.6565, -96.9965. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.65648, -96.99646 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,077 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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

The one well that filed a depth was drilled to 12,077 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-149332391H12,077 ftOct 2012

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 (164)

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

164 months

May 202600106.413.05$0
Apr 2026178098.932.87$17,610
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025181056.664.41$10,255
Nov 2025170058.593.93$9,960
Oct 2025151059.383.30$8,966
Sep 2025178062.743.08$11,168
Aug 2025176063.933.01$11,252
Jul 2025178066.743.32$11,880
Jun 2025175066.483.13$11,634
May 2025177060.553.23$10,717
Apr 20250062.363.54$0
Mar 2025178067.704.27$12,051
Feb 2025358070.884.34$25,375
Jan 20250074.324.28$0
Dec 2024179068.993.12$12,349
Nov 2024177069.052.20$12,222
Oct 2024178071.372.28$12,704
Sep 2024178069.612.36$12,391
Aug 2024177075.632.06$13,387
Jul 20240079.932.15$0
Jun 2024177078.082.63$13,820
May 2024177078.812.20$13,949
Apr 2024148084.451.66$12,499
Mar 2024176080.301.55$14,133
Feb 2024168076.091.78$12,783
Jan 20240073.023.30$0
Dec 2023181071.262.61$12,898
Nov 2023163077.892.81$12,696
Oct 2023179085.443.09$15,294
Sep 2023177089.042.74$15,760
Aug 2023177080.522.67$14,252
Jul 2023178074.852.64$13,323
Jun 2023176068.962.26$12,137
May 2023182070.622.23$12,853
Apr 2023354078.122.24$27,654
Mar 2023178072.852.39$12,967
Feb 2023180075.112.47$13,520
Jan 2023193076.533.39$14,770
Dec 2022165076.415.73$12,608
Nov 2022173085.005.65$14,705
Oct 2022167087.185.86$14,559
Sep 2022178084.888.16$15,109
Aug 20220094.529.13$0
Jul 20221770101.587.54$17,980
Jun 20223600115.097.98$41,432
May 20221750109.378.43$19,140
Apr 20221830104.226.84$19,072
Mar 20221800108.885.08$19,598
Feb 2022341091.054.86$31,048
Jan 2022172081.844.54$14,076
Dec 2021170071.323.90$12,124
Nov 2021168077.435.24$13,008
Oct 2021344079.795.71$27,448
Sep 2021344069.865.35$24,032
Aug 2021181066.024.22$11,950
Jul 2021171070.783.98$12,103
Jun 2021340069.493.38$23,627
May 2021468063.483.02$29,709
Apr 2021344060.362.76$20,764
Mar 2021364061.302.72$22,313
Feb 2021177057.805.55$10,231
Jan 2021169050.412.81$8,519
Dec 2020186044.642.68$8,303
Nov 2020326038.772.71$12,639
Oct 2020180036.972.48$6,655
Sep 2020338037.091.99$12,536
Aug 2020528039.982.39$21,109
Jul 2020341038.371.83$13,084
Jun 2020512034.901.69$17,869
May 20200016.921.81$0
Apr 2020358014.751.80$5,281
Mar 2020167030.341.86$5,067
Feb 2020176049.881.98$8,779
Jan 2020154057.252.09$8,817
Dec 2019163059.012.30$9,619
Nov 2019324055.302.75$17,917
Oct 2019349053.472.42$18,661
Sep 2019178055.052.66$9,799
Aug 2019643053.112.30$34,150
Jul 2019517056.272.46$29,092
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019180062.632.75$11,273
Mar 2019529056.803.06$30,047
Feb 2019374050.852.79$19,018
Jan 2019357046.033.23$16,433
Dec 2018359046.594.19$16,726
Nov 2018179052.934.24$9,474
Oct 2018349061.443.40$21,443
Sep 2018358059.543.11$21,315
Aug 2018355059.403.07$21,087
Jul 2018346065.142.93$22,538
Jun 2018351060.183.08$21,123
May 2018354065.382.90$23,145
Apr 2018472063.842.90$30,132
Mar 2018348061.222.79$21,305
Feb 2018709061.782.77$43,802
Jan 2018183062.874.01$11,505
Dec 2017469057.272.92$26,860
Nov 2017365055.423.12$20,228
Oct 2017647049.292.98$31,891
Sep 2017313047.523.09$14,874
Aug 2017333045.373.00$15,108
Jul 201749686643.873.09$24,433
Jun 2017490042.493.09$20,820
May 20174907345.373.26$22,470
Apr 201753128547.933.21$26,366
Mar 201733824546.772.98$16,539
Feb 201754129550.452.95$28,164
Jan 201753726349.413.42$27,432
Dec 201652325048.763.72$26,432
Nov 201670840542.492.64$31,154
Oct 201653131446.193.09$25,497
Sep 201653837941.553.10$23,529
Aug 201672036241.442.92$30,895
Jul 201652542541.622.92$23,093
Jun 201653038445.352.69$25,067
May 201668647742.521.99$30,118
Apr 201653836436.561.99$20,394
Mar 201670153733.011.79$24,103
Feb 201672468426.472.06$20,576
Jan 201673324927.352.36$20,636
Dec 201552939232.362.00$17,903
Nov 201571160938.792.17$28,900
Oct 201587768143.552.43$39,846
Sep 201570444942.992.76$31,503
Aug 201569865740.162.87$29,919
Jul 201586875448.152.95$44,015
Jun 201571089756.152.88$42,452
May 201587165455.212.96$50,021
Apr 201586379349.822.71$45,141
Mar 20158531,05542.892.93$39,681
Feb 20158671,21844.662.98$42,345
Jan 20158591,39043.433.10$41,616
Dec 20148421,68654.693.59$52,104
Nov 20141,0431,72170.464.25$80,807
Oct 20141,0611,69678.303.90$89,692
Sep 20141,0381,82586.164.05$96,817
Aug 20141,0342,20289.394.04$101,315
Jul 20141,3833,06896.564.18$146,365
Jun 20147442,87198.164.74$86,631
May 20141,2212,65294.734.73$128,200
Apr 20141,2792,46595.944.81$134,562
Mar 20141,2642,85195.895.06$135,622
Feb 20141,2182,00697.406.19$131,054
Jan 20141,5531,93090.404.86$149,772
Dec 20131,4282,71091.824.35$142,920
Nov 20131,5252,76088.853.74$145,814
Oct 20131,6212,45197.423.78$167,181
Sep 20131,8063,729104.113.72$201,886
Aug 20131,6752,879104.253.52$184,760
Jul 20131,9834,554102.523.72$220,228
Jun 20132,0275,78894.403.93$214,115
May 20132,7065,84194.834.15$280,845
Apr 20132,7905,61293.964.28$286,182
Mar 20132,9446,25493.623.91$300,088
Feb 20133,65910,88791.233.42$371,043
Jan 20133,3345,69491.603.42$324,867
Dec 20125,6256,42686.773.42$510,059
Nov 20125,23013,67386.953.62$504,313
Oct 2012048289.383.40$1,639

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 2026 — as filed, then multipliedworked
Oil                  178 bbl  × $ 98.93 =    $17,610
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,610

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/25928 is the state's own key, not one this site invented.