LUBEL UNIT #1

Operated by PETRO-TEX ENERGY & EXPL.CO.,INC. (P-5 660178) in the SOMERSET field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12132District 01Field 84560001OilCasinghead gasSaveExport
Value, all time
$1.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 1,033 leases and 5,137 wells, and the rule below applies to all of them.

Discovered
1911-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2.05 acres. The field rule took effect on 1986-02-01.

The Commission's schedule remark for this field reads: RULES EFF. FOR SOMERSET FIELD 12-11-78.

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
OilDisposition47,855 bbl$1,751,625
Casinghead gasProduction25 Mcf$0
Total$1,751,625

25 Mcf of this lease's gas, across 25 months, 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 (8)

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 29.2724, -98.6360. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

29.27227, -98.63635 · 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
100.0%
8 of 8 wells
With a plug date
100.0%
8 of 8 wells
Median depth
1,328 ft
8 wells filed one
Completion to plug
33.0 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
8100.0%
A plug date is filed
8100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
8100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

Total depth in feet, 8 of 8 wells. Median 1,328 ft, with the middle half between 1,318 and 1,346 ft; the shallowest is 1,306 ft and the deepest 1,350 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Oct 1988 – Feb 1989. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1988 – Feb 1989
8 of 8 wells
Plug dates filed
Jan 2021 – Jan 2022
8 of 8 wells

Last completion to plug: a median of 33.0 years across the 8 wells that filed both dates, with the middle half between 32.9 years and 33.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-0293805031,306 ftFeb 1989Jan 2022Yes
42-0293805151,325 ftFeb 1989Jan 2022Yes
42-0293805281,350 ftJan 1989Jan 2022Yes
42-0293805391,350 ftJan 1989Jan 2022Yes
42-02938042101,330 ftDec 1988Jan 2022Yes
42-0293799371,344 ftOct 1988Jan 2022Yes
42-0293799461,320 ftOct 1988Jan 2022Yes
42-0293799541,310 ftOct 1988Jan 2021Yes

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 (401)

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

401 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 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017172049.292.98$8,478
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017153042.493.09$6,501
May 20170045.373.26$0
Apr 2017164047.933.21$7,861
Mar 20170046.772.98$0
Feb 2017178050.452.95$8,980
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 2016167042.492.64$7,096
Oct 20160046.193.09$0
Sep 2016170041.553.10$7,064
Aug 20160041.442.92$0
Jul 2016167041.622.92$6,951
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016178036.561.99$6,508
Mar 20160033.011.79$0
Feb 2016172026.472.06$4,553
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015178038.792.17$6,905
Oct 20150043.552.43$0
Sep 2015166042.992.76$7,136
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015168056.152.88$9,433
May 20150055.212.96$0
Apr 2015178049.822.71$8,868
Mar 20150042.892.93$0
Feb 2015174044.662.98$7,771
Jan 20150043.433.10$0
Dec 2014169054.693.59$9,243
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014165086.164.05$14,216
Aug 2014179089.394.04$16,001
Jul 20140096.564.18$0
Jun 2014174098.164.74$17,080
May 20140094.734.73$0
Apr 2014173095.944.81$16,598
Mar 2014178095.895.06$17,068
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013155091.824.35$14,232
Nov 20130088.853.74$0
Oct 2013163097.423.78$15,879
Sep 201300104.113.72$0
Aug 20131690104.253.52$17,618
Jul 201300102.523.72$0
Jun 2013163094.403.93$15,387
May 20130094.834.15$0
Apr 2013162093.964.28$15,222
Mar 20130093.623.91$0
Feb 2013168091.233.42$15,327
Jan 2013169091.603.42$15,480
Dec 20120086.773.42$0
Nov 2012159086.953.62$13,825
Oct 20120089.383.40$0
Sep 2012175094.672.92$16,567
Aug 20120092.662.91$0
Jul 2012156085.133.02$13,280
Jun 2012167079.822.52$13,330
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121710105.052.22$17,964
Feb 201200101.102.57$0
Jan 2012158098.092.73$15,498
Dec 2011179096.873.24$17,340
Nov 20110095.723.31$0
Oct 2011171084.983.65$14,532
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011190094.144.52$17,887
Jun 20110092.904.64$0
May 2011184098.134.40$18,056
Apr 20111980105.964.33$20,980
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011179086.504.59$15,484
Dec 20100085.734.35$0
Nov 2010188080.843.80$15,198
Oct 20100078.103.51$0
Sep 2010172072.633.98$12,492
Aug 2010164073.684.42$12,084
Jul 20100072.554.74$0
Jun 2010193070.364.91$13,579
May 20100071.124.24$0
Apr 2010177081.694.12$14,459
Mar 20100078.394.39$0
Feb 2010194073.585.44$14,275
Jan 20100074.365.96$0
Dec 2009186071.445.48$13,288
Nov 2009169074.593.75$12,606
Oct 20090072.544.11$0
Sep 2009180065.543.06$11,797
Aug 20090067.423.22$0
Jul 2009165061.133.46$10,086
Jun 20090066.163.90$0
May 2009168054.743.93$9,196
Apr 2009178046.773.59$8,325
Mar 20090042.144.06$0
Feb 2009186032.814.63$6,103
Jan 2009177035.865.37$6,347
Dec 20080037.105.98$0
Nov 2008180055.496.86$9,988
Oct 20080075.246.92$0
Sep 20081820101.767.88$18,520
Aug 20081820114.228.48$20,788
Jul 200800131.0811.39$0
Jun 20081870131.3313.03$24,559
May 2008940123.1711.57$11,578
Apr 20081830110.3110.45$20,187
Mar 20081790101.909.66$18,240
Feb 20080092.538.77$0
Jan 2008190090.388.21$17,172
Dec 20070088.337.30$0
Nov 2007148091.677.29$13,567
Oct 2007182082.856.92$15,079
Sep 2007177075.846.24$13,424
Aug 20070069.066.39$0
Jul 2007168070.906.39$11,911
Jun 20070062.007.55$0
May 2007172058.747.85$10,103
Apr 2007174059.617.81$10,372
Mar 2007169056.927.30$9,619
Feb 2007176055.108.22$9,698
Jan 2007179050.306.73$9,004
Dec 20060056.656.92$0
Nov 2006189054.207.62$10,244
Oct 20060054.906.01$0
Sep 2006171060.085.04$10,274
Aug 2006176068.717.34$12,093
Jul 2006166069.376.34$11,515
Jun 20060066.286.38$0
May 2006189066.016.42$12,476
Apr 2006198064.397.36$12,749
Mar 2006180056.707.08$10,206
Feb 2006178057.597.75$10,251
Jan 2006176060.598.93$10,664
Dec 2005181054.9413.42$9,944
Nov 20050054.6910.59$0
Oct 2005178058.3413.80$10,385
Sep 2005195061.4512.08$11,983
Aug 2005177061.519.80$10,887
Jul 2005349055.697.84$19,436
Jun 2005185052.337.38$9,681
May 2005184045.226.65$8,320
Apr 2005195049.207.36$9,594
Mar 2005183050.377.15$9,218
Feb 20050045.226.31$0
Jan 2005187043.166.32$8,071
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004356049.706.52$17,693
Sep 20040043.245.28$0
Aug 2004324042.375.55$13,728
Jul 2004169038.286.08$6,469
Jun 2004171036.106.43$6,173
May 2004336037.486.49$12,593
Apr 2004179034.475.86$6,170
Mar 2004178034.365.53$6,116
Feb 2004170032.455.51$5,517
Jan 20040032.036.30$0
Dec 2003172030.266.30$5,205
Nov 2003179028.804.60$5,155
Oct 2003177028.174.76$4,986
Sep 2003191026.314.75$5,025
Aug 2003157029.765.13$4,672
Jul 2003160029.415.17$4,706
Jun 20030028.565.98$0
May 2003179026.595.97$4,760
Apr 20030026.675.41$0
Mar 200396031.146.10$2,989
Feb 20030033.487.93$0
Jan 2003180030.315.58$5,456
Dec 200261026.914.85$1,642
Nov 200280024.664.14$1,973
Oct 2002111026.464.23$2,937
Sep 2002278027.443.64$7,628
Aug 20020025.963.16$0
Jul 2002169024.583.06$4,154
Jun 200275023.733.34$1,780
May 200281024.663.58$1,997
Apr 2002172023.653.51$4,068
Mar 2002167022.003.10$3,674
Feb 20020018.222.38$0
Jan 2002156017.172.38$2,679
Dec 2001335016.932.36$5,672
Nov 20010018.072.41$0
Oct 2001162019.782.53$3,204
Sep 2001170024.262.25$4,124
Aug 2001167024.873.05$4,153
Jul 2001166023.933.20$3,972
Jun 2001231024.563.82$5,673
May 2001170025.524.31$4,338
Apr 2001326024.685.34$8,046
Mar 2001159024.545.38$3,902
Feb 20010027.755.77$0
Jan 2001105027.478.40$2,884
Dec 2000209026.889.12$5,618
Nov 2000330032.215.66$10,629
Oct 200093031.235.15$2,904
Sep 2000110031.875.19$3,506
Aug 2000164029.644.54$4,861
Jul 2000106028.534.09$3,024
Jun 2000177029.304.40$5,186
May 2000274027.263.68$7,469
Apr 2000326024.513.12$7,990
Mar 2000159028.422.86$4,519
Feb 2000159027.622.73$4,392
Jan 2000260025.272.48$6,570
Dec 1999180024.282.42$4,370
Nov 1999336023.192.43$7,792
Oct 1999488020.982.80$10,238
Sep 19990021.752.62$0
Aug 1999321019.262.88$6,182
Jul 1999333017.892.37$5,957
Jun 19990015.942.36$0
May 199969015.792.32$1,090
Apr 1999109015.102.21$1,646
Mar 1999114012.471.84$1,422
Feb 199914209.981.82$1,417
Jan 1999171010.381.90$1,775
Dec 199834809.201.77$3,202
Nov 1998153010.892.19$1,666
Oct 1998660012.421.97$8,197
Sep 19980012.592.08$0
Aug 1998347011.301.91$3,921
Jul 1998360011.742.24$4,226
Jun 1998335011.242.24$3,765
May 1998273012.622.21$3,445
Apr 1998345013.042.51$4,499
Mar 1998468012.802.31$5,990
Feb 1998121013.952.30$1,688
Jan 19980014.702.15$0
Dec 1997104016.322.41$1,697
Nov 199765018.193.09$1,182
Oct 1997136019.253.15$2,618
Sep 1997150017.742.95$2,661
Aug 1997147017.862.55$2,625
Jul 1997236017.582.25$4,149
Jun 1997206017.242.26$3,551
May 1997327018.972.31$6,203
Apr 1997388017.882.08$6,937
Mar 19970018.951.94$0
Feb 1997246020.492.21$5,041
Jan 1997185023.483.54$4,344
Dec 1996281023.32$6,553
Nov 1996303021.97$6,657
Oct 1996615023.31$14,336
Sep 199687022.22$1,933
Aug 1996336020.26$6,807
Jul 1996124019.55$2,424
Jun 1996315018.73$5,900
May 19960019.43$0
Apr 1996168021.51$3,614
Mar 1996188019.38$3,643
Feb 1996184016.98$3,124
Jan 1996230017.07$3,926
Dec 1995334017.19$5,741
Nov 1995338016.00$5,408
Oct 1995348015.43$5,370
Sep 1995620016.18$10,032
Aug 1995171015.92$2,722
Jul 1995168015.24$2,560
Jun 1995177016.41$2,905
May 1995173017.56$3,038
Apr 1995295017.73$5,230
Mar 1995242016.44$3,978
Feb 1995168016.58$2,785
Jan 1995287115.92$4,569
Dec 1994328115.03$4,930
Nov 1994334115.90$5,311
Oct 1994340115.58$5,297
Sep 1994320115.29$4,893
Aug 1994508116.13$8,194
Jul 1994245117.56$4,302
Jun 1994329117.09$5,623
May 1994279115.88$4,431
Apr 1994276114.14$3,903
Mar 1994282112.46$3,514
Feb 1994303112.50$3,788
Jan 1994343112.66$4,342
Dec 1993346112.33$4,266
Nov 1993360114.49$5,216
Oct 1993345115.85$5,468
Sep 1993524115.03$7,876
Aug 1993403115.66$6,311
Jul 1993517115.46$7,993
Jun 1993338116.79$5,675
May 1993504117.68$8,911
Apr 1993330118.05$5,957
Mar 1993482118.14$8,743
Feb 1993479117.90$8,574
Jan 1993528116.93$8,939

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.

Oct 2017 — as filed, then multipliedworked
Oil                  172 bbl  × $ 49.29 =     $8,478
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $8,478

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/O/12132 is the state's own key, not one this site invented.