FROOMEY-AC-1

Operated by REDBUD E & P, INC. (P-5 696678) 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 27994District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$2.8 M
Feb 2022 – May 2026
Value, last 12 filed months
$474 k
at the published price for each month
Months reported
52
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 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
OilDisposition25,909 bbl$2,158,639
Casinghead gasProduction156,784 Mcf$634,177
Total$2,792,817

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 29.9062, -96.9406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.90619, -96.94060 · 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
10,198 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 10,198 ft.

Completions filed
Jan 2022
1 of 1 wells

1 well

42-149335051H10,198 ftJan 2022

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 (52)

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

52 months

May 20261772,123106.413.05$25,301
Apr 20263623,47298.932.87$45,776
Mar 20263593,52989.753.15$43,335
Feb 20263643,47063.503.75$36,128
Jan 20263663,50759.138.00$49,690
Dec 20253593,88956.664.41$37,505
Nov 20253603,76958.593.93$35,891
Oct 20255244,38859.383.30$45,617
Sep 20255323,75762.743.08$44,938
Aug 20253443,48563.933.01$32,498
Jul 20255193,05866.743.32$44,776
Jun 20253582,79366.483.13$32,538
May 20255324,55660.553.23$46,939
Apr 20253563,01462.363.54$32,879
Mar 20253563,42167.704.27$38,703
Feb 20253632,30470.884.34$35,731
Jan 2025016974.324.28$723
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20245292,05375.632.06$44,245
Jul 20243613,24379.932.15$35,816
Jun 20247025,88178.082.63$70,303
May 20243542,66178.812.20$33,749
Apr 202418090184.451.66$16,696
Mar 20243763,00080.301.55$34,828
Feb 20246914,49676.091.78$60,597
Jan 20247264,45973.023.30$67,717
Dec 20238774,73271.262.61$74,849
Nov 20233491,76977.892.81$32,150
Oct 20235483,98485.443.09$59,121
Sep 20235192,93389.042.74$54,234
Aug 202311,22280.522.67$3,347
Jul 20239046,15374.852.64$83,919
Jun 20237342,70968.962.26$56,735
May 20231791,72070.622.23$16,472
Apr 20233611,23878.122.24$30,972
Mar 20235363,47072.852.39$47,352
Feb 202335492375.112.47$28,865
Jan 202317728276.533.39$14,501
Dec 20223432,09376.415.73$38,200
Nov 20227353,64785.005.65$83,067
Oct 20225453,23587.185.86$66,482
Sep 2022512084.888.16$43,459
Aug 20221094.529.13$95
Jul 20221,0816,230101.587.54$156,795
Jun 20221,6107,321115.097.98$243,696
May 20221,3813,984109.378.43$184,637
Apr 20221,3813,984104.226.84$171,169
Mar 20221900108.885.08$20,687
Feb 20222,44113,75791.054.86$289,096

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                  177 bbl  × $106.41 =    $18,835
Casinghead gas     2,123 Mcf  × $  3.05 =     $6,466

────────────────────────────────────────────────────
Month total                                  $25,301

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/27994 is the state's own key, not one this site invented.