HRNCIR

Operated by TSAR ENERGY, LLC (P-5 872178) 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 25983District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$1.9 M
Sep 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
177
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
OilDisposition20,015 bbl$1,844,898
Casinghead gasProduction19,858 Mcf$72,839
Total$1,917,738

Every month this lease reported (177)

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

177 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 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
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 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
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 20200049.881.98$0
Jan 20200057.252.09$0
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 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160541.442.92$15
Jul 20160041.622.92$0
Jun 2016172045.352.69$7,800
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015176038.792.17$6,827
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201501940.162.87$55
Jul 2015372848.152.95$1,864
Jun 201501156.152.88$32
May 2015173055.212.96$9,551
Apr 201501649.822.71$43
Mar 20150542.892.93$15
Feb 20151764344.662.98$7,988
Jan 201503043.433.10$93
Dec 201405154.693.59$183
Nov 20141757570.464.25$12,649
Oct 20141689678.303.90$13,529
Sep 201417810786.164.05$15,769
Aug 201417411989.394.04$16,034
Jul 20141739496.564.18$17,098
Jun 201417712198.164.74$17,947
May 201434615794.734.73$33,519
Apr 201450226295.944.81$49,422
Mar 20142,5321,09395.895.06$248,321
Feb 201417114197.406.19$17,528
Jan 201434112090.404.86$31,410
Dec 201331251691.824.35$30,895
Nov 201333953788.853.74$32,128
Oct 201350158197.423.78$51,003
Sep 20131,1774,078104.113.72$137,698
Aug 20131,004124104.253.52$105,104
Jul 2013336539102.523.72$36,451
Jun 201333419494.403.93$32,293
May 201367123394.834.15$64,598
Apr 201351317693.964.28$48,955
Mar 201334148693.623.91$33,826
Feb 201333112991.233.42$30,638
Jan 20133411,32891.603.42$35,777
Dec 20123511,45386.773.42$35,426
Nov 20121,1841,34486.953.62$107,821
Oct 201251329989.383.40$46,868
Sep 201234225094.672.92$33,107
Aug 201232733192.662.91$31,262
Jul 201251132285.133.02$44,474
Jun 201250932679.822.52$41,450
May 20121621191.612.49$14,868
Apr 2012335345101.652.00$34,742
Mar 2012507333105.052.22$54,000
Feb 2012505340101.102.57$51,929
Jan 201251321798.092.73$50,913
Dec 201168734396.873.24$67,661
Nov 201134661295.723.31$35,146
Oct 20118441,29184.983.65$76,433
Sep 201150852783.623.99$44,579

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.

Aug 2016 — as filed, then multipliedworked
Oil                    0 bbl  × $ 41.44 =         $0
Casinghead gas         5 Mcf  × $  2.92 =        $15

────────────────────────────────────────────────────
Month total                                      $15

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/25983 is the state's own key, not one this site invented.