REMINGTON

Operated by IV STANDARD, LLC (P-5 103468) in the LIVINGSTON (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27853District 03Field 54193550OilCasinghead gasSaveExport
Value, all time
$6.4 M
Dec 2020 – May 2026
Value, last 12 filed months
$503 k
at the published price for each month
Months reported
66
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 29 leases and 101 wells, and the rule below applies to all of them.

Discovered
1942-09-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: THE ISSUEANCE OF THIS FINAL ORDER.

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
OilDisposition85,340 bbl$6,106,754
Casinghead gasProduction70,783 Mcf$282,949
Total$6,389,703

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 30.5969, -94.8263. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.59687, -94.82626 · 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
7,072 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 7,072 ft.

Completions filed
Dec 2020
1 of 1 wells

1 well

42-3733135317,072 ftDec 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 (66)

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

66 months

May 202670555106.413.05$75,187
Apr 20263514298.932.87$34,845
Mar 20267044289.753.15$63,316
Feb 20265245763.503.75$33,488
Jan 20268904059.138.00$52,946
Dec 20255373756.664.41$30,590
Nov 20251632058.593.93$9,629
Oct 20255191859.383.30$30,878
Sep 202569627462.743.08$44,510
Aug 202588532063.933.01$57,543
Jul 202552016966.743.32$35,265
Jun 202550527066.483.13$34,417
May 202543719860.553.23$27,100
Apr 202553641562.363.54$34,895
Mar 202569851567.704.27$49,453
Feb 20255179670.884.34$37,062
Jan 20257042674.324.28$52,433
Dec 20246871868.993.12$47,452
Nov 20247052,64069.052.20$54,484
Oct 202452229171.372.28$37,919
Sep 202488846269.612.36$62,906
Aug 202470945575.632.06$54,561
Jul 20246217779.932.15$49,802
Jun 202471273378.082.63$57,524
May 202452515678.812.20$41,718
Apr 20241,18549284.451.66$100,890
Mar 202486070580.301.55$70,147
Feb 202470950176.091.78$54,841
Jan 20247141,49073.023.30$57,050
Dec 2023704071.262.61$50,167
Nov 20235338477.892.81$41,751
Oct 202387369885.443.09$76,744
Sep 202370012189.042.74$62,659
Aug 202390649080.522.67$74,261
Jul 202389867274.852.64$68,991
Jun 202388369068.962.26$62,450
May 20231,05298570.622.23$76,486
Apr 20231,06543278.122.24$84,165
Mar 20231,07177772.852.39$79,882
Feb 20231,07415475.112.47$81,048
Jan 202388654076.533.39$69,635
Dec 20221,23139576.415.73$96,324
Nov 202288748185.005.65$78,111
Oct 202279529087.185.86$71,009
Sep 202268429284.888.16$60,442
Aug 202268658594.529.13$70,180
Jul 20221,230702101.587.54$130,238
Jun 2022708445115.097.98$85,034
May 2022533108109.378.43$59,205
Apr 2022516219104.226.84$55,275
Mar 202271113108.885.08$77,480
Feb 20225477591.054.86$50,169
Jan 20221,59265981.844.54$133,280
Dec 20212,0932,67571.323.90$159,703
Nov 20212,5985,03277.435.24$227,515
Oct 20212,6325,55179.795.71$241,725
Sep 20214,9115,88269.865.35$374,557
Aug 20211,9281,59066.024.22$133,997
Jul 202167510870.783.98$48,207
Jun 20213,7353,61869.493.38$271,776
May 20216,3162,61263.483.02$408,822
Apr 20217,3895,87260.362.76$462,197
Mar 20217,4789,55061.302.72$484,348
Feb 20215,4177,32557.805.55$353,741
Jan 202167544750.412.81$35,283
Dec 20200044.642.68$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.

May 2026 — as filed, then multipliedworked
Oil                  705 bbl  × $106.41 =    $75,019
Casinghead gas        55 Mcf  × $  3.05 =       $168

────────────────────────────────────────────────────
Month total                                  $75,187

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/27853 is the state's own key, not one this site invented.