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 281948District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$357 k
Mar 2015 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
135
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 Gas112018-06-28220409
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
CondensateDisposition1,373 bbl$68,344
GasProduction98,740 Mcf$288,610
Total$356,954

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 28.5869, -98.4375. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.58690, -98.43747 · 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
9,000 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 9,000 ft.

Completions filed
Dec 2012
1 of 1 wells

1 well

42-3113509769,000 ftDec 2012

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 (135)

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

135 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 2020059734.901.69$1,009
May 202001,34516.921.81$2,441
Apr 2020033814.751.80$610
Mar 2020027830.341.86$516
Feb 2020028549.881.98$564
Jan 2020056257.252.09$1,177
Dec 201901,23859.012.30$2,853
Nov 201901,19355.302.75$3,282
Oct 201901,04253.472.42$2,520
Sep 2019060655.052.66$1,610
Aug 201909053.112.30$207
Jul 2019038856.272.46$955
Jun 201901,05352.782.49$2,623
May 2019861,21458.482.74$8,356
Apr 20191891,68162.632.75$16,461
Mar 201901,72556.803.06$5,282
Feb 201901,62550.852.79$4,537
Jan 201901,84546.033.23$5,956
Dec 201801,67746.594.19$7,019
Nov 201801,84252.934.24$7,805
Oct 201801,33261.443.40$4,526
Sep 201801,35559.543.11$4,211
Aug 201802,00659.403.07$6,152
Jul 201802,26265.142.93$6,632
Jun 201802,24360.183.08$6,902
May 201802,41665.382.90$7,008
Apr 201802,59263.842.90$7,519
Mar 201802,15561.222.79$6,006
Feb 201802,44761.782.77$6,769
Jan 201803,87662.874.01$15,540
Dec 201703,50457.272.92$10,237
Nov 201703,09655.423.12$9,654
Oct 20171842,47949.292.98$16,466
Sep 201702,46547.523.09$7,610
Aug 201702,62845.373.00$7,896
Jul 201702,38843.873.09$7,372
Jun 20170042.493.09$0
May 201709945.373.26$323
Apr 201701347.933.21$42
Mar 201701446.772.98$42
Feb 2017018150.452.95$534
Jan 201701,96949.413.42$6,732
Dec 20161952,16648.763.72$17,572
Nov 201602,16642.492.64$5,728
Oct 201601,88746.193.09$5,831
Sep 201601,51441.553.10$4,694
Aug 201601,77241.442.92$5,182
Jul 2016041741.622.92$1,219
Jun 2016188045.352.69$8,526
May 2016014742.521.99$293
Apr 2016089036.561.99$1,772
Mar 201601,93933.011.79$3,479
Feb 201601,89326.472.06$3,906
Jan 201602,61327.352.36$6,178
Dec 2015013332.362.00$266
Nov 201516150038.792.17$7,329
Oct 2015052343.552.43$1,269
Sep 201502,74342.992.76$7,566
Aug 201501,94240.162.87$5,578
Jul 20151824,08548.152.95$20,794
Jun 201504,80356.152.88$13,846
May 201502,10055.212.96$6,206
Apr 20151882,36349.822.71$15,762
Mar 20150042.892.93$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.

Jun 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 34.90 =         $0
Gas                  597 Mcf  × $  1.69 =     $1,009

────────────────────────────────────────────────────
Month total                                   $1,009

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/281948 is the state's own key, not one this site invented.