MineralRecord
Log inSign up

ANIMAL

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 27940District 03Field 34733500OilCasinghead gasSave
Value, all time
$60.0 M
Dec 2021 – May 2026
Value, last 12 filed months
$3.1 M
at the published price for each month
Months reported
54
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
OilDisposition601,819 bbl$52,693,965
Casinghead gasProduction1,271,706 Mcf$7,270,195
Total$59,964,160

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 30.2216, -96.7459. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

30.22161, -96.74594 · 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
9,838 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 9,809 and 9,866 ft, median 9,838 ft, over the 2 wells that filed a depth.

Completions filed
Dec 2021 – Mar 2022
2 of 2 wells

2 wells

42-287327602H9,809 ftMar 2022——
42-287327581H9,866 ftDec 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 (54)

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

54 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20263,1156,88789.753.15$301,261
Feb 20262,9668,56363.503.75$220,455
Jan 20264,66016,54359.138.00$407,855
Dec 20256,33420,59856.664.41$449,791
Nov 20258,71823,80758.593.93$604,264
Oct 20253,7996,62159.383.30$247,466
Sep 20258,29316,60462.743.08$571,392
Aug 20251,5262,97963.933.01$106,538
Jul 20251,0262,80166.743.32$77,761
Jun 20258382,53666.483.13$63,645
May 20252,11612,23860.553.23$167,681
Apr 20257,01626,30162.363.54$530,705
Mar 20255,04121,31067.704.27$432,234
Feb 20257,57326,70170.884.34$652,679
Jan 20255,6141,30774.324.28$422,825
Dec 20246,55613,90968.993.12$495,714
Nov 20248,94625,86669.052.20$674,586
Oct 20249,31723,91871.372.28$719,521
Sep 20248,29316,60469.612.36$616,534
Aug 20243,6825,13675.632.06$289,068
Jul 20243,9575,35579.932.15$327,778
Jun 20245,8986,25478.082.63$476,989
May 20242,2562,77278.812.20$183,889
Apr 20243,1833,07884.451.66$273,911
Mar 20246,2469,98380.301.55$516,979
Feb 20248,60714,15176.091.78$680,147
Jan 20248,20212,81673.023.30$641,173
Dec 202311,51017,53471.262.61$865,979
Nov 20238,84910,54377.892.81$718,849
Oct 20239,37413,57685.443.09$842,827
Sep 20236,55011,44989.042.74$614,525
Aug 20234,0532,63580.522.67$333,391
Jul 20238,4877,35374.852.64$654,677
Jun 20239,8599,16968.962.26$700,585
May 202310,5289,25170.622.23$764,093
Apr 202318854278.122.24$15,899
Mar 202317398872.852.39$14,967
Feb 20232,0083,62275.112.47$159,752
Jan 20238901,58076.533.39$73,464
Dec 202214,48543,27476.415.73$1,354,719
Nov 202213,26756,42885.005.65$1,446,299
Oct 202217,65263,95087.185.86$1,913,889
Sep 202218,13471,94984.888.16$2,126,583
Aug 202224,21986,60094.529.13$3,079,592
Jul 202229,81697,786101.587.54$3,766,219
Jun 202240,047102,552115.097.98$5,427,087
May 202255,41698,775109.378.43$6,893,821
Apr 202260,71770,144104.226.84$6,807,542
Mar 202218,17826,592108.885.08$2,114,212
Feb 202219,43726,87191.054.86$1,900,301
Jan 202246,44162,67081.844.54$4,085,108
Dec 202127,76340,23571.323.90$2,136,938

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                3,115 bbl  × $ 89.75 =   $279,571
Casinghead gas     6,887 Mcf  × $  3.15 =    $21,690

────────────────────────────────────────────────────
Month total                                 $301,261

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/27940 is the state's own key, not one this site invented.