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POLASEK

Operated by WILDFIRE ENERGY OPERATING LLC (P-5 923444) in the GIDDINGS (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27482District 03Field 34733610OilCasinghead gasSaveExport
Value, all time
$29.2 M
Jul 2018 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
95
no gaps in the span
Streams
2
oil, casinghead gas

The GIDDINGS (EAGLEFORD) field

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 414 leases and 555 wells, and the rule below applies to all of them.

Discovered
1981-07-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2013-09-24.

The Commission's schedule remark for this field reads: “FIELD. ORDER SIGNED: 04/12/16”

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
OilDisposition466,705 bbl$28,697,064
Casinghead gasProduction155,495 Mcf$541,247
Total$29,238,311

Wells on this lease (3)

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 30.5961, -96.6156. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

30.59609, -96.61553 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
7,406 ft
3 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.
3100.0%

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 7,400 and 7,413 ft, median 7,406 ft, over the 3 wells that filed a depth.

Completions filed
Jul 2018 – Aug 2018
3 of 3 wells

3 wells

42-051341503H7,400 ftAug 2018——
42-051341492H7,406 ftJul 2018——
42-051341481H7,413 ftJul 2018——

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 (95)

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

95 months

May 20262,355470106.413.05$252,027
Apr 20261,93768898.932.87$193,602
Mar 20262,26697589.753.15$206,444
Feb 20261,93392963.503.75$126,230
Jan 20262,3031,19959.138.00$145,766
Dec 20252,1091,27256.664.41$125,110
Nov 20252,2971,21858.593.93$139,364
Oct 20252,1291,24159.383.30$130,521
Sep 20252,3431,37262.743.08$151,221
Aug 20252,3001,49263.933.01$151,537
Jul 20252,3931,56866.743.32$164,907
Jun 20252,4641,57166.483.13$168,722
May 20252,2801,78160.553.23$143,811
Apr 20252,6141,76562.363.54$169,263
Mar 20252,6631,64667.704.27$187,311
Feb 20252,34095870.884.34$170,018
Jan 20252,3511,28274.324.28$180,212
Dec 20242,4831,75068.993.12$176,765
Nov 20242,8102,03469.052.20$198,502
Oct 20242,6551,52871.372.28$192,973
Sep 20242,4511,32069.612.36$173,735
Aug 20242,9681,64475.632.06$227,862
Jul 20242,3191,39379.932.15$188,348
Jun 20242,8451,61978.082.63$226,402
May 20242,6261,77178.812.20$210,849
Apr 20242,6571,78884.451.66$227,350
Mar 20242,8391,82580.301.55$230,792
Feb 20242,8571,70476.091.78$220,428
Jan 20243,0941,61773.023.30$231,256
Dec 20233,2571,74871.262.61$236,657
Nov 20232,6841,65377.892.81$213,698
Oct 20233,2122,07485.443.09$280,836
Sep 20233,0461,71689.042.74$275,909
Aug 20233,1601,84980.522.67$259,385
Jul 20233,3331,70174.852.64$253,969
Jun 20233,1671,55968.962.26$221,917
May 20233,0671,79270.622.23$220,583
Apr 20233,3651,70078.122.24$266,678
Mar 20233,3901,78072.852.39$251,221
Feb 20233,2531,86075.112.47$248,919
Jan 20233,5471,85276.533.39$277,726
Dec 20223,3691,79576.415.73$267,709
Nov 20223,5371,82285.005.65$310,932
Oct 20223,5521,80787.185.86$320,259
Sep 20223,5351,91484.888.16$315,676
Aug 20223,8911,57094.529.13$382,107
Jul 20224,2512,138101.587.54$447,942
Jun 20223,7082,028115.097.98$442,931
May 20224,0751,834109.378.43$461,149
Apr 20224,8251,997104.226.84$516,516
Mar 20222,9671,226108.885.08$329,271
Feb 20223,7831,43491.054.86$351,410
Jan 20224,3701,64081.844.54$365,083
Dec 20214,4481,77471.323.90$324,148
Nov 20214,3061,63277.435.24$341,960
Oct 20214,7742,01179.795.71$392,408
Sep 20214,8031,93569.865.35$345,892
Aug 20214,4051,95566.024.22$299,069
Jul 20216,0212,39170.783.98$435,688
Jun 20213,5231,57069.493.38$250,121
May 20214,8651,88063.483.02$314,503
Apr 20215,2321,85560.362.76$320,920
Mar 20216,1632,09461.302.72$383,481
Feb 20214,0961,48857.805.55$245,004
Jan 20215,7332,15150.412.81$295,045
Dec 20205,7932,26544.642.68$264,659
Nov 20206,0292,35938.772.71$240,129
Oct 20206,3642,62536.972.48$241,783
Sep 20206,2512,56537.091.99$236,957
Aug 20207,0212,67239.982.39$287,073
Jul 20207,2222,61438.371.83$281,879
Jun 20206,3212,52734.901.69$224,874
May 20207,4452,54016.921.81$130,579
Apr 20208,6002,46414.751.80$131,296
Mar 20208,7422,13430.341.86$269,193
Feb 20204,13080249.881.98$207,593
Jan 20207,88329957.252.09$451,928
Dec 20197,50136559.012.30$443,475
Nov 20198,43161255.302.75$467,918
Oct 20198,32076553.472.42$446,721
Sep 20198,3791,08655.052.66$464,150
Aug 201910,0261,35253.112.30$535,596
Jul 201910,0711,79156.272.46$571,101
Jun 201911,0592,05852.782.49$588,821
May 201911,8382,02758.482.74$697,841
Apr 201911,1291,65062.632.75$701,548
Mar 201914,8812,60856.803.06$853,227
Feb 201914,7322,68150.852.79$756,608
Jan 20197,3921,48246.033.23$345,038
Dec 201810,8662,56046.594.19$516,962
Nov 20188,5821,94752.934.24$462,495
Oct 20187,647061.443.40$469,832
Sep 20189,657059.543.11$574,978
Aug 20189,639059.403.07$572,557
Jul 2018360065.142.93$23,450

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.

May 2026 — as filed, then multipliedworked
Oil                2,355 bbl  × $106.41 =   $250,596
Casinghead gas       470 Mcf  × $  3.05 =     $1,432

────────────────────────────────────────────────────
Month total                                 $252,027

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/27482 is the state's own key, not one this site invented.