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FOZZIE

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 27787District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$5.7 M
Nov 2018 – May 2026
Value, last 12 filed months
$186 k
at the published price for each month
Months reported
91
no gaps in the span
Streams
2
oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) 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 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
OilDisposition88,178 bbl$5,430,609
Casinghead gasProduction77,336 Mcf$291,728
Total$5,722,337

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 30.1074, -96.8836. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.10736, -96.88358 · 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
9,187 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 9,187 ft.

Completions filed
Nov 2018
1 of 1 wells

1 well

42-287327301H9,187 ftNov 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 (91)

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

91 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202605089.753.15$157
Feb 2026154063.503.75$9,779
Jan 202665926459.138.00$41,078
Dec 202549014956.664.41$28,421
Nov 202516473658.593.93$12,499
Oct 20250059.383.30$0
Sep 202535568062.743.08$24,365
Aug 202532477463.933.01$23,047
Jul 202533515866.743.32$22,882
Jun 202533651166.483.13$23,936
May 202549372360.553.23$32,188
Apr 202532745862.363.54$22,014
Mar 202569048367.704.27$48,775
Feb 202532840670.884.34$25,011
Jan 20250074.324.28$0
Dec 202416931368.993.12$12,636
Nov 202434737769.052.20$24,789
Oct 202437762771.372.28$28,337
Sep 202435568069.612.36$26,319
Aug 202437677475.632.06$30,034
Jul 202418265679.932.15$15,955
Jun 202470998078.082.63$57,940
May 202451060278.812.20$41,517
Apr 20241831584.451.66$15,479
Mar 202417717980.301.55$14,490
Feb 202454360476.091.78$42,394
Jan 202434362773.023.30$27,113
Dec 202371995171.262.61$53,719
Nov 202315441177.892.81$13,149
Oct 202373284385.443.09$65,145
Sep 202355483689.042.74$51,615
Aug 202336047980.522.67$30,268
Jul 202374943674.852.64$57,214
Jun 202317135268.962.26$12,587
May 202335940770.622.23$26,259
Apr 202332292778.122.24$27,229
Mar 202372889372.852.39$55,172
Feb 202355274375.112.47$43,293
Jan 202354590476.533.39$44,771
Dec 202271983376.415.73$59,711
Nov 202254584485.005.65$51,090
Oct 202255385487.185.86$53,218
Sep 202253992884.888.16$53,326
Aug 20225181,03394.529.13$58,390
Jul 20228611,238101.587.54$96,797
Jun 20226971,492115.097.98$92,120
May 20228681,696109.378.43$109,236
Apr 20221,0151,863104.226.84$118,522
Mar 20227141,476108.885.08$85,233
Feb 20228881,69891.054.86$89,103
Jan 20221,5462,33281.844.54$137,107
Dec 2021025471.323.90$990
Nov 20219191,57377.435.24$79,396
Oct 202172867179.795.71$61,921
Sep 20217481,51569.865.35$60,362
Aug 20219201,13766.024.22$65,537
Jul 20211,2781,19970.783.98$95,231
Jun 20211,1201,65169.493.38$83,410
May 20211,5372,24163.483.02$104,331
Apr 20211,3672,17660.362.76$88,514
Mar 20211,18586061.302.72$74,977
Feb 202168774657.805.55$43,847
Jan 20211,8411,98250.412.81$98,375
Dec 20201,18788744.642.68$55,361
Nov 202067754738.772.71$27,728
Oct 20201,5341,38336.972.48$60,140
Sep 20201,6441,40437.091.99$63,771
Aug 20201,6691,21539.982.39$69,625
Jul 20201,44897038.371.83$57,330
Jun 202005034.901.69$85
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20202,0331,06349.881.98$103,511
Jan 20201,6821,19557.252.09$98,798
Dec 20191,4011,19759.012.30$85,431
Nov 20191,394055.302.75$77,088
Oct 20192,103053.472.42$112,447
Sep 20192,26650655.052.66$126,088
Aug 20191,34339153.112.30$72,228
Jul 20192,22249856.272.46$126,257
Jun 20192,91890452.782.49$156,264
May 20194,10986458.482.74$242,662
Apr 20193,7141,65562.632.75$237,160
Mar 20195,2422,83756.803.06$306,433
Feb 20196,0283,55850.852.79$316,459
Jan 20194,0232,62146.033.23$193,640
Dec 20182,5511,29146.594.19$124,254
Nov 2018326052.934.24$17,255

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        50 Mcf  × $  3.15 =       $157

────────────────────────────────────────────────────
Month total                                     $157

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/27787 is the state's own key, not one this site invented.