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GONZO 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 27821District 03Field 34733500OilCasinghead gasSave
Value, all time
$29.2 M
Jun 2020 – May 2026
Value, last 12 filed months
$814 k
at the published price for each month
Months reported
72
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
OilDisposition421,412 bbl$25,603,871
Casinghead gasProduction972,547 Mcf$3,573,662
Total$29,177,533

Wells on this lease (2)

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 30.1254, -96.7967. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

30.12538, -96.79675 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,329 ft
2 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.
2100.0%

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 10,305 and 10,353 ft, median 10,329 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2020
2 of 2 wells

2 wells

42-149335005H10,305 ftJun 2020——
42-149334994H10,353 ftJun 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 (72)

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

72 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20261,07580663.503.75$71,285
Jan 20268701,21059.138.00$61,121
Dec 20251,01389456.664.41$61,342
Nov 202586018158.593.93$51,098
Oct 202571420559.383.30$43,075
Sep 20252,1352,77762.743.08$142,495
Aug 20252,0281,33363.933.01$133,669
Jul 20251,7852,27066.743.32$126,656
Jun 20251,7063,13466.483.13$123,220
May 20252,2813,74460.553.23$150,216
Apr 20252,2371,63362.363.54$145,285
Mar 20251,7632,59867.704.27$130,444
Feb 20251,7821,67370.884.34$133,570
Jan 20252,1282,45974.324.28$168,674
Dec 20242,6413,76268.993.12$193,945
Nov 20241,5912,53369.052.20$115,427
Oct 20241,9462,85971.372.28$145,409
Sep 20242,1352,77769.612.36$155,183
Aug 20242,4833,97675.632.06$195,994
Jul 20242,7943,09479.932.15$229,966
Jun 20243,0643,43678.082.63$248,287
May 20243,5705,15978.812.20$292,693
Apr 20242,8773,19384.451.66$248,260
Mar 20241,4862,36880.301.55$122,985
Feb 20241,4631,14376.091.78$113,358
Jan 20242,4362,45873.023.30$185,982
Dec 20232,4153,22371.262.61$180,507
Nov 20232,4223,47477.892.81$198,403
Oct 20233,3256,77185.443.09$304,992
Sep 20231,6892,13089.042.74$156,214
Aug 20232,0392,88880.522.67$171,900
Jul 20232,2304,10274.852.64$177,752
Jun 20232,7835,26468.962.26$203,804
May 20233,9296,33070.622.23$291,565
Apr 20232,2047,30578.122.24$188,523
Mar 20232,2343,75572.852.39$171,733
Feb 20233,14213,04375.112.47$268,155
Jan 20232,9284,72676.533.39$240,090
Dec 20223,0986,02176.415.73$271,213
Nov 20223,3846,60785.005.65$324,944
Oct 20223,8976,46687.185.86$377,656
Sep 20224,6339,23184.888.16$468,608
Aug 20223,6369,74394.529.13$432,601
Jul 20223,7959,994101.587.54$460,872
Jun 20223,81011,801115.097.98$532,632
May 20225,46713,871109.378.43$714,900
Apr 20225,81415,406104.226.84$711,275
Mar 20224,0208,431108.885.08$480,497
Feb 20225,44717,89191.054.86$582,879
Jan 20226,93528,50081.844.54$696,884
Dec 20216,91632,05871.323.90$618,247
Nov 20217,22326,92777.435.24$700,290
Oct 20217,61035,92679.795.71$812,478
Sep 20218,41632,61569.865.35$762,462
Aug 20219,23434,18166.024.22$753,893
Jul 202110,17637,46170.783.98$869,430
Jun 202111,57636,62669.493.38$928,235
May 202112,36838,34963.483.02$900,845
Apr 202113,05936,98360.362.76$890,256
Mar 202116,67334,45961.302.72$1,115,678
Feb 202113,10219,27457.805.55$864,227
Jan 202115,31529,45150.412.81$854,794
Dec 202023,12655,20744.642.68$1,180,049
Nov 202028,65664,06738.772.71$1,284,395
Oct 202035,97575,07236.972.48$1,516,056
Sep 202042,41379,51837.091.99$1,731,422
Aug 202012,75520,70539.982.39$559,328
Jul 202010,68015,02038.371.83$437,205
Jun 20200034.901.69$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.

Feb 2026 — as filed, then multipliedworked
Oil                1,075 bbl  × $ 63.50 =    $68,263
Casinghead gas       806 Mcf  × $  3.75 =     $3,023

────────────────────────────────────────────────────
Month total                                  $71,285

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/27821 is the state's own key, not one this site invented.