GONZO

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 27776District 03Field 34733500OilCasinghead gasSave
Value, all time
$42.8 M
Jan 2020 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
77
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition629,070 bbl$37,229,725
Casinghead gasProduction1,470,593 Mcf$5,550,399
Total$42,780,124

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 30.1192, -96.8047. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

30.11923, -96.80531 · 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
10,323 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 10,241 and 10,334 ft, median 10,323 ft, over the 3 wells that filed a depth.

Completions filed
Jan 2020 – Jun 2020
3 of 3 wells

3 wells

42-149334983H10,334 ftJun 2020
42-287327471H10,241 ftJan 2020
42-287327482H10,323 ftJan 2020

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 (77)

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

77 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20262,134089.753.15$191,527
Feb 20261,22247963.503.75$79,393
Jan 202670581159.138.00$48,173
Dec 20251,8051,07956.664.41$107,033
Nov 20252,5683,76758.593.93$165,250
Oct 20251,7242,49159.383.30$110,603
Sep 20251,5893,10062.743.08$109,232
Aug 20252,3496,21163.933.01$168,896
Jul 20252,1772,94766.743.32$155,063
Jun 20252,2122,08466.483.13$153,574
May 20252,2121,40260.553.23$138,468
Apr 20252,4132,29362.363.54$158,599
Mar 20252,0932,31367.704.27$151,569
Feb 20251,8012,04170.884.34$136,515
Jan 20252,0833,00874.324.28$167,679
Dec 20242,6663,69468.993.12$195,458
Nov 20242,3233,05569.052.20$167,119
Oct 20243,0554,10071.372.28$227,389
Sep 20241,5893,10069.612.36$117,940
Aug 20243,5262,66275.632.06$272,165
Jul 20243,3226,18579.932.15$278,804
Jun 20243,4324,98078.082.63$281,088
May 20243,1738,34678.812.20$268,412
Apr 20244,79510,94284.451.66$423,093
Mar 20243,1306,79080.301.55$261,830
Feb 20244,8098,83476.091.78$381,673
Jan 20243,4106,55573.023.30$270,614
Dec 20231,2972,98571.262.61$100,217
Nov 20231,5303,61177.892.81$129,310
Oct 20231,8057,45085.443.09$177,219
Sep 20232,9594,84289.042.74$276,712
Aug 20232,0788,13080.522.67$189,051
Jul 20232,7816,26874.852.64$224,717
Jun 20232,0387,20768.962.26$156,817
May 20233,1848,56870.622.23$243,938
Apr 20231,8558,80678.122.24$164,618
Mar 20233,44210,50872.852.39$275,897
Feb 20233,23113,55175.112.47$276,093
Jan 20234,36317,52676.533.39$393,274
Dec 20225,66020,07076.415.73$547,463
Nov 20224,91223,48085.005.65$550,093
Oct 20225,50023,22487.185.86$615,670
Sep 20226,24025,82984.888.16$740,511
Aug 20225,90024,96494.529.13$785,518
Jul 20225,95524,988101.587.54$793,370
Jun 20226,60124,380115.097.98$954,193
May 20228,58228,330109.378.43$1,177,521
Apr 20227,09621,840104.226.84$888,878
Mar 20226,13317,143108.885.08$754,786
Feb 20225,86718,07391.054.86$622,004
Jan 20228,28718,64381.844.54$762,804
Dec 20219,96632,38271.323.90$837,036
Nov 20219,03426,25277.435.24$836,980
Oct 20219,15036,25479.795.71$937,229
Sep 202111,18338,81969.865.35$988,962
Aug 202112,31338,62966.024.22$975,941
Jul 202112,04149,48470.783.98$1,049,311
Jun 202114,76550,34369.493.38$1,196,210
May 202115,64454,82163.483.02$1,158,513
Apr 202117,96357,18260.362.76$1,241,979
Mar 202121,46065,84761.302.72$1,494,400
Feb 202123,43645,84157.805.55$1,608,924
Jan 202125,12050,77750.412.81$1,408,996
Dec 202025,55254,58244.642.68$1,286,673
Nov 202034,90674,00838.772.71$1,553,613
Oct 202045,21977,57536.972.48$1,864,011
Sep 202050,66774,76137.091.99$2,028,091
Aug 202049,93370,79539.982.39$2,165,174
Jul 202019,57028,59438.371.83$803,088
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20206,1258,36730.341.86$201,364
Feb 202030,42645,76049.881.98$1,608,284
Jan 20208,98415,83557.252.09$547,504

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                2,134 bbl  × $ 89.75 =   $191,527
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                 $191,527

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/27776 is the state's own key, not one this site invented.