CIRCLE W RANCH

Operated by GIANT NRG CO., LP (P-5 302592) in the WEATHERFORD, SW. (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162281District 7BField 955903002 tax incentive programmesGasSaveExport
Value, all time
$584 k
Dec 1996 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
354
no gaps in the span
Streams
1
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 38 leases and 38 wells, and the rule below applies to all of them.

Discovered
1978-04-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: FIELD RETURNED TO ALLOCATION 5-1-84.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111997-07-01136576
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
GasProduction155,525 Mcf$583,504
Total$583,504

969 Mcf of this lease's gas, across 1 month, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.6811, -97.8540. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.68108, -97.85396 · 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
2,304 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 2,304 ft.

Completions filed
Dec 1996
1 of 1 wells

1 well

42-3673320712,304 ftDec 1996

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 (354)

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

354 months

May 202678106.413.05$238
Apr 20264198.932.87$118
Mar 20262789.753.15$85
Feb 20266463.503.75$240
Jan 202611159.138.00$888
Dec 202512156.664.41$534
Nov 202520858.593.93$817
Oct 202527859.383.30$919
Sep 202536562.743.08$1,123
Aug 202534163.933.01$1,028
Jul 202537966.743.32$1,256
Jun 202519966.483.13$623
May 20258160.553.23$262
Apr 202510762.363.54$379
Mar 202542867.704.27$1,827
Feb 202530270.884.34$1,311
Jan 202530774.324.28$1,314
Dec 202435568.993.12$1,108
Nov 202436369.052.20$798
Oct 202437671.372.28$858
Sep 202417269.612.36$407
Aug 20243675.632.06$74
Jul 202442079.932.15$902
Jun 202442078.082.63$1,106
May 202445178.812.20$992
Apr 202443984.451.66$728
Mar 202423480.301.55$362
Feb 20246376.091.78$112
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 20233385.443.09$102
Sep 20239089.042.74$246
Aug 202320680.522.67$551
Jul 202318374.852.64$483
Jun 20237568.962.26$169
May 202312170.622.23$270
Apr 202315578.122.24$347
Mar 202328972.852.39$692
Feb 202330075.112.47$740
Jan 202320076.533.39$678
Dec 202220276.415.73$1,157
Nov 202214885.005.65$836
Oct 202218687.185.86$1,091
Sep 202225884.888.16$2,106
Aug 202229494.529.13$2,683
Jul 2022210101.587.54$1,584
Jun 2022213115.097.98$1,699
May 2022101109.378.43$852
Apr 2022104104.226.84$711
Mar 202213108.885.08$66
Feb 202214291.054.86$690
Jan 202214281.844.54$644
Dec 20217471.323.90$289
Nov 20216577.435.24$340
Oct 20216879.795.71$389
Sep 20216669.865.35$353
Aug 20219666.024.22$405
Jul 20218170.783.98$323
Jun 20212269.493.38$74
May 20213463.483.02$103
Apr 20212460.362.76$66
Mar 20214561.302.72$122
Feb 20217357.805.55$405
Jan 202127450.412.81$770
Dec 202030444.642.68$813
Nov 202019338.772.71$522
Oct 202039136.972.48$969
Sep 202025737.091.99$512
Aug 20209239.982.39$219
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 20203430.341.86$63
Feb 20208349.881.98$164
Jan 202018057.252.09$377
Dec 201930859.012.30$710
Nov 201932955.302.75$905
Oct 201939953.472.42$965
Sep 201942555.052.66$1,129
Aug 201919253.112.30$442
Jul 201931356.272.46$770
Jun 201916052.782.49$399
May 201922258.482.74$608
Apr 201932362.632.75$888
Mar 201930856.803.06$943
Feb 201937650.852.79$1,050
Jan 201947646.033.23$1,537
Dec 201849146.594.19$2,055
Nov 201830952.934.24$1,309
Oct 201813661.443.40$462
Sep 201824459.543.11$758
Aug 201846059.403.07$1,411
Jul 201820665.142.93$604
Jun 201821960.183.08$674
May 201842165.382.90$1,221
Apr 201831563.842.90$914
Mar 201832961.222.79$917
Feb 201839561.782.77$1,093
Jan 201852762.874.01$2,113
Dec 201731657.272.92$923
Nov 201741055.423.12$1,279
Oct 201748849.292.98$1,456
Sep 201746947.523.09$1,448
Aug 201757545.373.00$1,728
Jul 201740143.873.09$1,238
Jun 201737342.493.09$1,152
May 201747245.373.26$1,540
Apr 201767747.933.21$2,174
Mar 201777146.772.98$2,300
Feb 201768150.452.95$2,011
Jan 201767449.413.42$2,304
Dec 201643248.763.72$1,608
Nov 201646342.492.64$1,224
Oct 201647746.193.09$1,474
Sep 201667941.553.10$2,105
Aug 201648841.442.92$1,427
Jul 201648941.622.92$1,430
Jun 201641845.352.69$1,123
May 201643142.521.99$858
Apr 201622736.561.99$452
Mar 201627933.011.79$501
Feb 201637926.472.06$782
Jan 201658727.352.36$1,388
Dec 201563232.362.00$1,265
Nov 201535038.792.17$759
Oct 201529543.552.43$716
Sep 201529942.992.76$825
Aug 201514940.162.87$428
Jul 201547048.152.95$1,384
Jun 201546856.152.88$1,349
May 201546155.212.96$1,362
Apr 201560349.822.71$1,632
Mar 201571842.892.93$2,107
Feb 201559044.662.98$1,756
Jan 201550743.433.10$1,572
Dec 201455054.693.59$1,975
Nov 201414470.464.25$612
Oct 201451778.303.90$2,017
Sep 201440286.164.05$1,626
Aug 201447489.394.04$1,913
Jul 201447796.564.18$1,994
Jun 201459798.164.74$2,828
May 201476994.734.73$3,635
Apr 201449795.944.81$2,390
Mar 201481795.895.06$4,131
Feb 201471297.406.19$4,409
Jan 201477590.404.86$3,767
Dec 201378291.824.35$3,405
Nov 201380988.853.74$3,024
Oct 201378997.423.78$2,982
Sep 2013625104.113.72$2,324
Aug 2013666104.253.52$2,346
Jul 2013591102.523.72$2,197
Jun 201314994.403.93$586
May 20138394.834.15$344
Apr 20139593.964.28$407
Mar 201348693.623.91$1,902
Feb 201327791.233.42$947
Jan 201357991.603.42$1,980
Dec 201251986.773.42$1,775
Nov 201263086.953.62$2,284
Oct 201247589.383.40$1,615
Sep 201240494.672.92$1,179
Aug 201220792.662.91$602
Jul 201216385.133.02$492
Jun 201211579.822.52$290
May 201225591.612.49$635
Apr 2012283101.652.00$565
Mar 2012310105.052.22$689
Feb 2012147101.102.57$378
Jan 201222698.092.73$618
Dec 20115896.873.24$188
Nov 201136295.723.31$1,199
Oct 201166284.983.65$2,415
Sep 201140283.623.99$1,602
Aug 201120683.404.15$855
Jul 201125594.144.52$1,152
Jun 201116092.904.64$742
May 20113198.134.40$137
Apr 2011121105.964.33$524
Mar 201134896.364.06$1,412
Feb 201127785.644.18$1,158
Jan 201124586.504.59$1,124
Dec 201026785.734.35$1,161
Nov 201011380.843.80$429
Oct 20107378.103.51$256
Sep 201019872.633.98$788
Aug 20107773.684.42$340
Jul 201024572.554.74$1,160
Jun 201017870.364.91$874
May 201038271.124.24$1,618
Apr 201041081.694.12$1,690
Mar 201010378.394.39$452
Feb 201011373.585.44$615
Jan 201030874.365.96$1,837
Dec 200942571.445.48$2,331
Nov 200929174.593.75$1,092
Oct 200929172.544.11$1,196
Sep 200916165.543.06$493
Aug 200918467.423.22$592
Jul 200921861.133.46$755
Jun 200926666.163.90$1,036
May 200917454.743.93$683
Apr 200914846.773.59$531
Mar 200920242.144.06$820
Feb 20094732.814.63$218
Jan 20092335.865.37$124
Dec 20086137.105.98$365
Nov 200810655.496.86$727
Oct 200811175.246.92$768
Sep 20080101.767.88$0
Aug 200865114.228.48$551
Jul 2008183131.0811.39$2,084
Jun 2008245131.3313.03$3,193
May 2008161123.1711.57$1,863
Apr 200832110.3110.45$335
Mar 200846101.909.66$445
Feb 200828492.538.77$2,491
Jan 200826990.388.21$2,207
Dec 200725488.337.30$1,855
Nov 200727091.677.29$1,969
Oct 200735382.856.92$2,443
Sep 20075775.846.24$356
Aug 20071569.066.39$96
Jul 20074770.906.39$300
Jun 200712462.007.55$936
May 20079658.747.85$753
Apr 20071959.617.81$148
Mar 20078956.927.30$650
Feb 200718355.108.22$1,504
Jan 20075450.306.73$363
Dec 200636456.656.92$2,518
Nov 200633154.207.62$2,521
Oct 200620954.906.01$1,257
Sep 20065560.085.04$277
Aug 20067268.717.34$528
Jul 200629869.376.34$1,890
Jun 200631266.286.38$1,992
May 200645966.016.42$2,949
Apr 200641464.397.36$3,047
Mar 200642256.707.08$2,989
Feb 200636557.597.75$2,829
Jan 200627060.598.93$2,412
Dec 200525554.9413.42$3,421
Nov 200524954.6910.59$2,637
Oct 200521258.3413.80$2,925
Sep 200523261.4512.08$2,802
Aug 200523861.519.80$2,332
Jul 200521255.697.84$1,663
Jun 200524052.337.38$1,771
May 200521245.226.65$1,410
Apr 200524549.207.36$1,803
Mar 200535650.377.15$2,547
Feb 200524845.226.31$1,565
Jan 200569943.166.32$4,419
Dec 200476239.866.75$5,144
Nov 200425645.286.33$1,621
Oct 200433349.706.52$2,170
Sep 200464043.245.28$3,382
Aug 200438542.375.55$2,137
Jul 200432238.286.08$1,959
Jun 200429436.106.43$1,891
May 200453137.486.49$3,449
Apr 200476134.475.86$4,458
Mar 200497734.365.53$5,403
Feb 200482232.455.51$4,529
Jan 200431132.036.30$1,959
Dec 200326130.266.30$1,645
Nov 200328628.804.60$1,314
Oct 200338228.174.76$1,818
Sep 200340426.314.75$1,919
Aug 200340329.765.13$2,067
Jul 200352829.415.17$2,730
Jun 200357528.565.98$3,440
May 200370826.595.97$4,229
Apr 200370826.675.41$3,828
Mar 200389531.146.10$5,456
Feb 200392333.487.93$7,316
Jan 200377530.315.58$4,326
Dec 200239826.914.85$1,932
Nov 200241524.664.14$1,717
Oct 200243426.464.23$1,835
Sep 200235127.443.64$1,276
Aug 200254025.963.16$1,709
Jul 200250424.583.06$1,543
Jun 200285423.733.34$2,851
May 200285824.663.58$3,075
Apr 200298023.653.51$3,442
Mar 200278922.003.10$2,448
Feb 200272018.222.38$1,710
Jan 200276917.172.38$1,827
Dec 200197616.932.36$2,308
Nov 200167318.072.41$1,619
Oct 200182219.782.53$2,079
Sep 200189424.262.25$2,013
Aug 200198424.873.05$3,004
Jul 200184323.933.20$2,695
Jun 200183324.563.82$3,186
May 200179425.524.31$3,420
Apr 200186524.685.34$4,615
Mar 200181224.545.38$4,366
Feb 20011,04027.755.77$5,998
Jan 200170627.478.40$5,930
Dec 200074226.889.12$6,769
Nov 200053732.215.66$3,038
Oct 200063331.235.15$3,257
Sep 200090431.875.19$4,689
Aug 20001,22029.644.54$5,540
Jul 20001,06628.534.09$4,360
Jun 200080229.304.40$3,527
May 20001,01227.263.68$3,724
Apr 200073424.513.12$2,287
Mar 200093128.422.86$2,662
Feb 20001,00927.622.73$2,751
Jan 200096625.272.48$2,396
Dec 199983624.282.42$2,026
Nov 199992823.192.43$2,259
Oct 199998120.982.80$2,750
Sep 19991,21721.752.62$3,187
Aug 199983919.262.88$2,413
Jul 199977817.892.37$1,846
Jun 19991,12715.942.36$2,662
May 19991,23115.792.32$2,857
Apr 199982615.102.21$1,824
Mar 19991,14812.471.84$2,110
Feb 19999379.981.82$1,703
Jan 19991,05410.381.90$2,003
Dec 19989779.201.77$1,733
Nov 19981,01210.892.19$2,212
Oct 19981,21312.421.97$2,389
Sep 19981,34112.592.08$2,793
Aug 19981,25011.301.91$2,384
Jul 19981,23211.742.24$2,756
Jun 19981,09311.242.24$2,445
May 19981,07912.622.21$2,381
Apr 199895013.042.51$2,380
Mar 19981,19312.802.31$2,755
Feb 19981,17813.952.30$2,708
Jan 19981,22814.702.15$2,646
Dec 19971,25316.322.41$3,021
Nov 199796018.193.09$2,965
Oct 199799819.253.15$3,144
Sep 19971,02817.742.95$3,038
Aug 19971,48217.862.55$3,786
Jul 19971,20717.582.25$2,712
Jun 19971,27017.242.26$2,867
May 19971,13718.972.31$2,625
Apr 19971,00517.882.08$2,093
Mar 19971,35318.951.94$2,624
Feb 19971,27220.492.21$2,806
Jan 19971,81023.483.54$6,407
Dec 199696923.32$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
Gas                   78 Mcf  × $  3.05 =       $238

────────────────────────────────────────────────────
Month total                                     $238

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. 7B/G/162281 is the state's own key, not one this site invented.