PEELER

Operated by ORX RESOURCES, L.L.C. (P-5 627136) in the A.W.P. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 257604District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Jul 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
191
no gaps in the span
Streams
2
condensate, 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 821 leases and 1,336 wells, and the rule below applies to all of them.

Discovered
1981-12-20
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 20 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: RED. THE ALLOCATION FORMULA REMAINS SUSPENDED.

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 Gas112013-04-05209480
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
CondensateDisposition12,757 bbl$1,137,370
GasProduction432,731 Mcf$1,524,005
Total$2,661,375

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 28.5828, -98.4367. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.58276, -98.43672 · 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
9,200 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 9,200 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-3113409019,200 ftNov 2008

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 (191)

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

191 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020771830.341.86$2,370
Feb 202002,77349.881.98$5,492
Jan 202001,13357.252.09$2,373
Dec 20190059.012.30$0
Nov 20190255.302.75$6
Oct 201901,51153.472.42$3,654
Sep 201901,78655.052.66$4,746
Aug 201901,50053.112.30$3,457
Jul 2019022956.272.46$563
Jun 2019073052.782.49$1,819
May 20191022,30558.482.74$12,281
Apr 201902,07062.632.75$5,694
Mar 201901,24056.803.06$3,797
Feb 201901,23450.852.79$3,446
Jan 201901,22246.033.23$3,945
Dec 2018027646.594.19$1,155
Nov 201801,28752.934.24$5,453
Oct 201801,68561.443.40$5,726
Sep 20180059.543.11$0
Aug 2018062759.403.07$1,923
Jul 201801,69465.142.93$4,967
Jun 201801,02260.183.08$3,145
May 2018017965.382.90$519
Apr 201801,46363.842.90$4,244
Mar 201802,34761.222.79$6,541
Feb 201801,26361.782.77$3,494
Jan 201801,72862.874.01$6,928
Dec 201702,38157.272.92$6,956
Nov 201701,69355.423.12$5,279
Oct 201701,66649.292.98$4,971
Sep 201701,21247.523.09$3,742
Aug 201701,62345.373.00$4,876
Jul 201701,84743.873.09$5,702
Jun 201702,61142.493.09$8,061
May 201703,38645.373.26$11,050
Apr 20171861,80947.933.21$14,725
Mar 2017071346.772.98$2,127
Feb 201702,11350.452.95$6,239
Jan 201701,86849.413.42$6,386
Dec 201601,81548.763.72$6,757
Nov 201602,08742.492.64$5,519
Oct 201603,28846.193.09$10,161
Sep 201601,52641.553.10$4,732
Aug 201601,15141.442.92$3,366
Jul 201603,23141.622.92$9,449
Jun 20161884,42445.352.69$20,408
May 201605,35142.521.99$10,654
Apr 201604,84736.561.99$9,651
Mar 201603,11933.011.79$5,596
Feb 201607,41426.472.06$15,300
Jan 2016063827.352.36$1,508
Dec 2015064232.362.00$1,285
Nov 201501,56638.792.17$3,394
Oct 201503,64943.552.43$8,855
Sep 201503,91842.992.76$10,807
Aug 20151903,02940.162.87$16,331
Jul 201503,04948.152.95$8,980
Jun 201501,82356.152.88$5,255
May 201503,09655.212.96$9,150
Apr 201503,22949.822.71$8,740
Mar 20151872,93842.892.93$16,643
Feb 201503,54444.662.98$10,548
Jan 201503,39543.433.10$10,527
Dec 201404,22354.693.59$15,166
Nov 20141754,00370.464.25$29,351
Oct 20141884,79178.303.90$33,410
Sep 201404,32686.164.05$17,501
Aug 20141865,55389.394.04$39,034
Jul 201405,88896.564.18$24,609
Jun 20141876,93898.164.74$51,220
May 20141876,73894.734.73$49,562
Apr 201444,02295.944.81$19,726
Mar 201402,64895.895.06$13,390
Feb 201403,44897.406.19$21,350
Jan 201404,30590.404.86$20,925
Dec 2013090091.824.35$3,919
Nov 201303,82488.853.74$14,295
Oct 20133704,82697.423.78$54,285
Sep 20131565,151104.113.72$35,391
Aug 20132645,814104.253.52$48,002
Jul 20132527,130102.523.72$52,343
Jun 201318910,03194.403.93$57,298
May 20132029,65094.834.15$59,194
Apr 201323111,87493.964.28$72,556
Mar 201326111,35693.623.91$68,869
Feb 20131637,96591.233.42$42,110
Jan 201322610,64191.603.42$57,093
Dec 201230510,64186.773.42$62,859
Nov 20123568,46986.953.62$61,654
Oct 20123515,91289.383.40$51,471
Sep 20123056,33694.672.92$47,365
Aug 20122365,09992.662.91$36,696
Jul 20122215,86385.133.02$36,525
Jun 2012692,17579.822.52$10,986
May 2012833,01991.612.49$15,116
Apr 20121844,268101.652.00$27,226
Mar 20121834,064105.052.22$28,255
Feb 20122315,287101.102.57$36,943
Jan 20122325,31098.092.73$37,275
Dec 20113176,47296.873.24$51,675
Nov 20119805,80495.723.31$113,024
Oct 20114486,06084.983.65$60,181
Sep 20112265,97283.623.99$42,701
Aug 20115126,70783.404.15$70,530
Jul 20111804,81694.144.52$38,700
Jun 20112105,78492.904.64$46,346
May 20112456,08198.134.40$50,828
Apr 20119395,494105.964.33$123,303
Mar 20113698,11796.364.06$68,490
Feb 20115277,92185.644.18$78,242
Jan 201118810,21086.504.59$63,113
Dec 201002,72185.734.35$11,830
Nov 20103861,86580.843.80$38,283
Oct 20103034,61778.103.51$39,865
Sep 201002,50972.633.98$9,984
Aug 20100073.684.42$0
Jul 201002,07872.554.74$9,842

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 2020 — as filed, then multipliedworked
Condensate            77 bbl  × $ 30.34 =     $2,336
Gas                   18 Mcf  × $  1.86 =        $33

────────────────────────────────────────────────────
Month total                                   $2,370

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. 01/G/257604 is the state's own key, not one this site invented.