WRIGHT

Operated by JAB OPERATING, INC. (P-5 428002) in the PEARSALL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12268District 01Field 69981125OilCasinghead gasSaveExport
Value, all time
$1.4 M
Jan 1993 – Jul 2006
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
163
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 1,992 leases and 3,388 wells, and the rule below applies to all of them.

Discovered
1936-12-28
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 2025-06-17.

The Commission's schedule remark for this field reads: LEASE PLAT. PRORATION PLAT IS NOT REQUIRED.

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
OilDisposition78,992 bbl$1,393,730
Casinghead gasProduction21,615 Mcf$18,666
Total$1,412,396

15,600 Mcf of this lease's gas, across 48 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 (2)

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 28.6833, -99.1563. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

28.68324, -99.15626 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
7,838 ft
2 wells filed one
Completion to plug
18.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 7,247 and 8,428 ft, median 7,838 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1989 – Jan 1990
2 of 2 wells
Plug dates filed
Oct 2004 – Mar 2011
2 of 2 wells

Last completion to plug: a median of 18.2 years across the 2 wells that filed both dates, with the middle half between 16.5 years and 19.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1633258428,428 ftJan 1990Oct 2004Yes
42-1633257717,247 ftAug 1989Mar 2011Yes

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 (163)

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

163 months

Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200650057.597.75$2,880
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003150026.314.75$3,947
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 200209023.733.34$300
May 200209324.663.58$333
Apr 20021579023.653.51$4,029
Mar 200209022.003.10$279
Feb 200208418.222.38$200
Jan 20021629317.172.38$3,002
Dec 200109316.932.36$220
Nov 200109018.072.41$217
Oct 20011609319.782.53$3,400
Sep 200109024.262.25$203
Aug 200109324.873.05$284
Jul 200109323.933.20$297
Jun 20011589024.563.82$4,225
May 200109325.524.31$401
Apr 200109024.685.34$480
Mar 20011609324.545.38$4,426
Feb 200108427.755.77$484
Jan 200109327.478.40$781
Dec 200009326.889.12$848
Nov 20001669032.215.66$5,856
Oct 20001619331.235.15$5,507
Sep 20003049031.875.19$10,155
Aug 20001389329.644.54$4,513
Jul 200009328.534.09$380
Jun 20003159029.304.40$9,625
May 20004769327.263.68$13,318
Apr 20003289024.513.12$8,320
Mar 20001,0959328.422.86$31,386
Feb 20001658727.622.73$4,795
Jan 200009325.272.48$231
Dec 199909324.282.42$225
Nov 19992929023.192.43$6,991
Oct 19992989320.982.80$6,513
Sep 199909021.752.62$236
Aug 199909319.262.88$267
Jul 1999759317.892.37$1,562
Jun 19994099015.942.36$6,732
May 19996079315.792.32$9,800
Apr 19992999015.102.21$4,714
Mar 19991569312.471.84$2,116
Feb 1999279849.981.82$2,937
Jan 19994549310.381.90$4,889
Dec 1998167939.201.77$1,701
Nov 19982949010.892.19$3,398
Oct 19983169312.421.97$4,108
Sep 19983369012.592.08$4,418
Aug 19981639311.301.91$2,019
Jul 19983069311.742.24$3,801
Jun 19984629011.242.24$5,394
May 19984859312.622.21$6,326
Apr 199809013.042.51$225
Mar 19985139312.802.31$6,781
Feb 19983078413.952.30$4,476
Jan 19987839314.702.15$11,711
Dec 19976359316.322.41$10,587
Nov 19977519018.193.09$13,939
Oct 19978199019.253.15$16,049
Sep 19979679017.742.95$17,421
Aug 19978259317.862.55$14,972
Jul 19979739317.582.25$17,314
Jun 19979459017.242.26$16,495
May 19979529318.972.31$18,274
Apr 19979559017.882.08$17,263
Mar 19971,3289318.951.94$25,346
Feb 19971,1528420.492.21$23,790
Jan 19971,5149323.483.54$35,878
Dec 19961,4459323.32$33,697
Nov 19962,4219021.97$53,189
Oct 19961,4979323.31$34,895
Sep 19963059022.22$6,777
Aug 19963099320.26$6,260
Jul 19966609319.55$12,903
Jun 19961,1489018.73$21,502
May 19961,4619319.43$28,387
Apr 19966759021.51$14,519
Mar 19961,5799319.38$30,601
Feb 19961,6858716.98$28,611
Jan 19961,8239317.07$31,119
Dec 19954719317.19$8,096
Nov 19955199016.00$8,304
Oct 19954949315.43$7,622
Sep 19951,3339316.18$21,568
Aug 19951,1529315.92$18,340
Jul 19958529315.24$12,984
Jun 19959859016.41$16,164
May 19951,2129317.56$21,283
Apr 19951,9899017.73$35,265
Mar 19951,00017316.44$16,440
Feb 199582215716.58$13,629
Jan 19951,16318015.92$18,515
Dec 19941,00821415.03$15,150
Nov 199497316515.90$15,471
Oct 199467813515.58$10,563
Sep 199406515.29$0
Aug 19943199016.13$5,145
Jul 19943287417.56$5,760
Jun 19946747517.09$11,519
May 199466912215.88$10,624
Apr 199468111714.14$9,629
Mar 19941,71031512.46$21,307
Feb 19941,04023612.50$13,000
Jan 199499121412.66$12,546
Dec 19931,00928312.33$12,441
Nov 19931,70628614.49$24,720
Oct 19931,66733515.85$26,422
Sep 19931,6661,32715.03$25,040
Aug 19931,31491115.66$20,577
Jul 19931,94196915.46$30,008
Jun 19931,6481,07616.79$27,670
May 19931,9861,40317.68$35,112
Apr 19931,6501,24518.05$29,783
Mar 19931,6381,07318.14$29,713
Feb 19932,3891,24717.90$42,763
Jan 19931,3451,18716.93$22,771

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.

Feb 2006 — as filed, then multipliedworked
Oil                   50 bbl  × $ 57.59 =     $2,880
Casinghead gas         0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                   $2,880

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/12268 is the state's own key, not one this site invented.