BEAKER B

Operated by PALEO OIL COMPANY LLC (P-5 635131) 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 27774District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$11.3 M
Oct 2019 – May 2026
Value, last 12 filed months
$355 k
at the published price for each month
Months reported
80
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
OilDisposition173,974 bbl$10,595,416
Casinghead gasProduction175,246 Mcf$663,835
Total$11,259,251

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 30.1511, -96.8479. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.15106, -96.84790 · 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
9,444 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 9,444 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-287327413H9,444 ftOct 2019

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 (80)

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

80 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026011389.753.15$356
Feb 202605363.503.75$199
Jan 20261,21483059.138.00$78,422
Dec 202535649456.664.41$22,351
Nov 202537829358.593.93$23,297
Oct 202566352259.383.30$41,094
Sep 202587343862.743.08$56,120
Aug 20251,32699263.933.01$87,762
Jul 202516816666.743.32$11,763
Jun 202549820166.483.13$33,736
May 20250060.553.23$0
Apr 202587055062.363.54$56,202
Mar 20251,173067.704.27$79,412
Feb 20250070.884.34$0
Jan 2025175074.324.28$13,006
Dec 202488722568.993.12$61,896
Nov 202488641569.052.20$62,091
Oct 2024879071.372.28$62,734
Sep 202487343869.612.36$61,805
Aug 202488743875.632.06$67,988
Jul 202467925279.932.15$54,813
Jun 20241,07644478.082.63$85,184
May 20241,04547278.812.20$83,394
Apr 20240084.451.66$0
Mar 2024371080.301.55$29,791
Feb 20241,6463676.091.78$125,308
Jan 20241,06557073.023.30$79,646
Dec 20231,2411,23171.262.61$91,647
Nov 202356739277.892.81$45,264
Oct 20231,11591585.443.09$98,090
Sep 202371875089.042.74$65,982
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202356283370.622.23$41,544
Apr 20231,1241,13178.122.24$90,338
Mar 202319311672.852.39$14,338
Feb 202375896575.112.47$59,313
Jan 20238651,71276.533.39$71,998
Dec 20221,8192,03976.415.73$150,671
Nov 20221,4571,14185.005.65$130,287
Oct 20221,5522,11587.185.86$147,705
Sep 20222,4932,52184.888.16$232,186
Aug 20221,53431794.529.13$147,887
Jul 20221,5661,888101.587.54$173,314
Jun 20221,9263,380115.097.98$248,626
May 20222,3003,346109.378.43$279,768
Apr 20222,4893,692104.226.84$284,648
Mar 20222,2873,847108.885.08$268,537
Feb 20221,9303,03991.054.86$190,493
Jan 20222,2733,58281.844.54$202,276
Dec 20212,6184,10871.323.90$202,733
Nov 20212,4564,66177.435.24$214,577
Oct 20212,5995,76679.795.71$240,320
Sep 20213,1686,28869.865.35$254,963
Aug 20213,1285,12266.024.22$228,128
Jul 20213,8936,88970.783.98$302,979
Jun 20214,2178,21669.493.38$320,815
May 20214,3487,62463.483.02$299,018
Apr 20215,4946,25760.362.76$348,877
Mar 20213,6712,34361.302.72$231,398
Feb 20213,1004,77257.805.55$205,655
Jan 20217,45810,19550.412.81$404,608
Dec 20207,8858,51844.642.68$374,776
Nov 20207,5349,56738.772.71$317,987
Oct 20207,8685,80336.972.48$305,262
Sep 20205,6524,05637.091.99$217,708
Aug 20202,7262,21639.982.39$114,271
Jul 20205,7854,07438.371.83$229,406
Jun 2020030234.901.69$510
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20209,5604,79230.341.86$298,945
Feb 20208,1225,82849.881.98$416,669
Jan 202011,5115,18957.252.09$669,874
Dec 201912,4245,63759.012.30$746,130
Nov 2019012955.302.75$355
Oct 20190053.472.42$0

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                    0 bbl  × $ 89.75 =         $0
Casinghead gas       113 Mcf  × $  3.15 =       $356

────────────────────────────────────────────────────
Month total                                     $356

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/27774 is the state's own key, not one this site invented.