PORTER MURPHY

Operated by LEEXUS OIL LLC (P-5 495350) 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 28031District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$6.4 M
Sep 2022 – May 2026
Value, last 12 filed months
$591 k
at the published price for each month
Months reported
45
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
OilDisposition67,057 bbl$5,179,054
Casinghead gasProduction371,769 Mcf$1,251,031
Total$6,430,084

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 30.0553, -96.8235. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.05531, -96.82348 · 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
10,514 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 10,514 ft.

Completions filed
Sep 2022
1 of 1 wells

1 well

42-149335441H10,514 ftSep 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 (45)

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

45 months

May 20268153,608106.413.05$97,714
Apr 20263725,73998.932.87$53,271
Mar 20261802,39189.753.15$23,685
Feb 202673114163.503.75$46,947
Jan 20264674,91859.138.00$66,947
Dec 20256883,92256.664.41$56,291
Nov 20259101,90458.593.93$60,793
Oct 20255498,10959.383.30$59,399
Sep 202546730062.743.08$30,223
Aug 20255254,30663.933.01$46,545
Jul 2025357066.743.32$23,826
Jun 202536325066.483.13$24,914
May 20257257,08360.553.23$66,793
Apr 20257705,82362.363.54$68,649
Mar 20251,0795,32267.704.27$95,764
Feb 20253705,63370.884.34$50,678
Jan 20251,0815,45374.324.28$103,672
Dec 20249124,74968.993.12$77,742
Nov 20248416,50169.052.20$72,363
Oct 20241,0877,58871.372.28$94,890
Sep 20245377,14369.612.36$54,269
Aug 20241,0378,78175.632.06$96,549
Jul 20241,0988,34579.932.15$105,676
Jun 20241,2769,58478.082.63$124,874
May 20241,4407,10778.812.20$129,111
Apr 20241,2666,92484.451.66$118,402
Mar 20241,8468,34480.301.55$161,126
Feb 20246383,02076.091.78$53,932
Jan 20241,2544,05673.023.30$104,942
Dec 20239428,34471.262.61$88,911
Nov 20232,07012,42077.892.81$196,102
Oct 20231,1587,27685.443.09$121,403
Sep 20231,7188,95989.042.74$177,474
Aug 20231,6117,50480.522.67$149,775
Jul 20232,07310,09874.852.64$181,841
Jun 20231,96111,96468.962.26$162,251
May 20232,32613,75670.622.23$194,902
Apr 20232,30015,01178.122.24$213,267
Mar 20232,63219,20172.852.39$237,692
Feb 20232,64816,09775.112.47$238,581
Jan 20233,91024,89576.533.39$383,570
Dec 20223,87125,36776.415.73$441,113
Nov 20225,49618,70785.005.65$572,783
Oct 20226,68923,97387.185.86$723,719
Sep 20221,9711,15384.888.16$176,711

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                  815 bbl  × $106.41 =    $86,724
Casinghead gas     3,608 Mcf  × $  3.05 =    $10,989

────────────────────────────────────────────────────
Month total                                  $97,714

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/28031 is the state's own key, not one this site invented.