DOVER

Operated by HOLLEY OIL COMPANY, LLC (P-5 393200) in the GIDDINGS (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26278District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$4.1 M
Feb 2013 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
160
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 598 leases and 630 wells, and the rule below applies to all of them.

Discovered
1977-03-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-05-16.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858.

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
OilDisposition52,635 bbl$4,117,352
Casinghead gasProduction8,047 Mcf$30,935
Total$4,148,287

Every month this lease reported (160)

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

160 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026171089.753.15$15,347
Feb 20260063.503.75$0
Jan 2026183059.138.00$10,821
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025188059.383.30$11,163
Sep 20250062.743.08$0
Aug 2025188063.933.01$12,019
Jul 2025182066.743.32$12,147
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025178062.363.54$11,100
Mar 2025177067.704.27$11,983
Feb 20250070.884.34$0
Jan 2025178074.324.28$13,229
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024176071.372.28$12,561
Sep 20240069.612.36$0
Aug 2024175075.632.06$13,235
Jul 2024171079.932.15$13,668
Jun 20240078.082.63$0
May 2024168078.812.20$13,240
Apr 20240084.451.66$0
Mar 2024173080.301.55$13,892
Feb 20240076.091.78$0
Jan 2024167073.023.30$12,194
Dec 20230071.262.61$0
Nov 2023174077.892.81$13,553
Oct 2023177085.443.09$15,123
Sep 20230089.042.74$0
Aug 2023151080.522.67$12,159
Jul 2023018474.852.64$486
Jun 2023128068.962.26$8,827
May 2023179070.622.23$12,641
Apr 20230078.122.24$0
Mar 2023167072.852.39$12,166
Feb 2023171075.112.47$12,844
Jan 2023168076.533.39$12,857
Dec 20220076.415.73$0
Nov 20223085.005.65$255
Oct 202279087.185.86$6,887
Sep 2022184084.888.16$15,618
Aug 20220094.529.13$0
Jul 20222350101.587.54$23,871
Jun 2022740115.097.98$8,517
May 202200109.378.43$0
Apr 20222530104.226.84$26,368
Mar 202200108.885.08$0
Feb 202285091.054.86$7,739
Jan 2022135081.844.54$11,048
Dec 202186071.323.90$6,134
Nov 2021130077.435.24$10,066
Oct 2021149079.795.71$11,889
Sep 2021160069.865.35$11,178
Aug 2021159066.024.22$10,497
Jul 20210070.783.98$0
Jun 2021108069.493.38$7,505
May 2021153063.483.02$9,712
Apr 2021163060.362.76$9,839
Mar 2021163061.302.72$9,992
Feb 20210057.805.55$0
Jan 2021239050.412.81$12,048
Dec 20200044.642.68$0
Nov 2020273038.772.71$10,584
Oct 20200036.972.48$0
Sep 2020160037.091.99$5,934
Aug 2020163039.982.39$6,517
Jul 2020162038.371.83$6,216
Jun 2020164034.901.69$5,724
May 2020251016.921.81$4,247
Apr 20200014.751.80$0
Mar 2020164030.341.86$4,976
Feb 2020163049.881.98$8,130
Jan 20200057.252.09$0
Dec 2019342059.012.30$20,181
Nov 20190055.302.75$0
Oct 2019161053.472.42$8,609
Sep 2019173055.052.66$9,524
Aug 2019163053.112.30$8,657
Jul 2019164056.272.46$9,228
Jun 20190052.782.49$0
May 2019163058.482.74$9,532
Apr 2019324062.632.75$20,292
Mar 20190056.803.06$0
Feb 2019178050.852.79$9,051
Jan 2019172046.033.23$7,917
Dec 2018317046.594.19$14,769
Nov 2018163052.934.24$8,628
Oct 20180061.443.40$0
Sep 2018306059.543.11$18,219
Aug 20180059.403.07$0
Jul 2018263065.142.93$17,132
Jun 2018161060.183.08$9,689
May 2018164065.382.90$10,722
Apr 2018155063.842.90$9,895
Mar 2018165061.222.79$10,101
Feb 2018163061.782.77$10,070
Jan 2018165062.874.01$10,374
Dec 2017294057.272.92$16,837
Nov 2017161055.423.12$8,923
Oct 2017161049.292.98$7,936
Sep 2017152047.523.09$7,223
Aug 2017270045.373.00$12,250
Jul 2017228043.873.09$10,002
Jun 2017158042.493.09$6,713
May 2017326045.373.26$14,791
Apr 2017166047.933.21$7,956
Mar 2017228046.772.98$10,664
Feb 2017164050.452.95$8,274
Jan 2017330049.413.42$16,305
Dec 2016167048.763.72$8,143
Nov 20163553542.492.64$15,177
Oct 201633111946.193.09$15,657
Sep 2016178741.553.10$7,418
Aug 20163523041.442.92$14,675
Jul 20161724141.622.92$7,279
Jun 20161803645.352.69$8,260
May 20163485042.521.99$14,897
Apr 20161765336.561.99$6,540
Mar 20161933333.011.79$6,430
Feb 20163743926.472.06$9,980
Jan 20161932127.352.36$5,328
Dec 20153366332.362.00$10,999
Nov 20151773938.792.17$6,950
Oct 20153735043.552.43$16,365
Sep 20153784142.992.76$16,363
Aug 20151825240.162.87$7,458
Jul 20153606848.152.95$17,534
Jun 20153657156.152.88$20,699
May 20153605055.212.96$20,023
Apr 20153615449.822.71$18,131
Mar 20153734542.892.93$16,130
Feb 20151755944.662.98$7,991
Jan 20155314743.433.10$23,207
Dec 20143573454.693.59$19,646
Nov 20143657570.464.25$26,037
Oct 20143695978.303.90$29,123
Sep 20145477086.164.05$47,413
Aug 20143657389.394.04$32,922
Jul 20145458296.564.18$52,968
Jun 20143646898.164.74$36,052
May 20145509694.734.73$52,555
Apr 20145639195.944.81$54,452
Mar 20147359395.895.06$70,949
Feb 20145596797.406.19$54,861
Jan 201456410690.404.86$51,501
Dec 201374812491.824.35$69,221
Nov 201390721288.853.74$81,379
Oct 20131,47730497.423.78$145,038
Sep 2013383172104.113.72$40,514
Aug 20131,103198104.253.52$115,685
Jul 20131,816251102.523.72$187,109
Jun 20132,19545194.403.93$208,982
May 20133,36491994.834.15$322,821
Apr 20134,9171,37793.964.28$467,898
Mar 20137,2861,61193.623.91$688,419
Feb 20131,21822791.233.42$111,894

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.

Mar 2026 — as filed, then multipliedworked
Oil                  171 bbl  × $ 89.75 =    $15,347
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $15,347

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/26278 is the state's own key, not one this site invented.