STELLA MAE

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 27935District 03Field 34733500OilCasinghead gasSave
Value, all time
$42.4 M
Oct 2021 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
56
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
OilDisposition404,658 bbl$33,857,064
Casinghead gasProduction1,805,939 Mcf$8,569,549
Total$42,426,614

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 30.1171, -96.7991. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

30.11712, -96.79915 · 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
10,396 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 10,328 and 10,463 ft, median 10,396 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2021
2 of 2 wells

2 wells

42-149335252H10,328 ftOct 2021
42-149335263H10,463 ftOct 2021

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 (56)

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

56 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20261,719089.753.15$154,280
Feb 20261,4067,50063.503.75$117,408
Jan 20261,3936,96859.138.00$138,098
Dec 20252,4045,39856.664.41$160,034
Nov 20251,3715,69158.593.93$102,672
Oct 20252,2069,04959.383.30$160,898
Sep 20251,8759,15762.743.08$145,813
Aug 20252,0079,66863.933.01$157,454
Jul 20252,2828,91866.743.32$181,866
Jun 20252,40410,46866.483.13$192,569
May 20252,28211,58860.553.23$175,631
Apr 20252,41911,60762.363.54$191,974
Mar 20252,67513,07067.704.27$236,884
Feb 20252,17411,23770.884.34$202,871
Jan 20252,62811,23974.324.28$243,401
Dec 20243,57913,33168.993.12$288,526
Nov 20241,4098,89069.052.20$116,836
Oct 20242,5392,63971.372.28$187,229
Sep 20242,10911,94269.612.36$175,043
Aug 20242,64114,76475.632.06$230,206
Jul 20242,85215,30179.932.15$260,805
Jun 20243,03315,49478.082.63$277,628
May 20242,99014,25978.812.20$266,989
Apr 20242,37714,39184.451.66$224,615
Mar 20243,32817,21380.301.55$293,835
Feb 20243,68116,23276.091.78$309,039
Jan 20244,01717,84973.023.30$352,181
Dec 20233,35418,90871.262.61$288,370
Nov 20233,10515,75977.892.81$286,093
Oct 20232,88526,25085.443.09$327,536
Sep 20234,42431,26589.042.74$479,424
Aug 20234,12031,58480.522.67$416,163
Jul 20235,09036,55474.852.64$477,555
Jun 20235,25436,00368.962.26$443,628
May 20234,88138,70470.622.23$430,906
Apr 20235,97338,17378.122.24$552,033
Mar 20236,75140,85272.852.39$589,576
Feb 20236,70839,03975.112.47$600,096
Jan 20237,39743,82076.533.39$714,542
Dec 20228,04241,63076.415.73$852,991
Nov 20228,30543,43785.005.65$951,179
Oct 20225,42736,76087.185.86$688,678
Sep 20228,68847,82284.888.16$1,127,841
Aug 202210,36859,32694.529.13$1,521,461
Jul 202212,26165,235101.587.54$1,737,480
Jun 202212,55966,139115.097.98$1,973,019
May 202215,19775,021109.378.43$2,294,751
Apr 202218,37382,506104.226.84$2,478,977
Mar 202220,58197,243108.885.08$2,734,504
Feb 202224,771100,26091.054.86$2,742,547
Jan 202234,692127,23381.844.54$3,416,536
Dec 202145,438155,08271.323.90$3,845,321
Nov 202124,45359,99177.435.24$2,207,560
Oct 202129,76157,48079.795.71$2,703,063

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                1,719 bbl  × $ 89.75 =   $154,280
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                 $154,280

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/27935 is the state's own key, not one this site invented.