POSEY BAKER 3H

Operated by TEXAS PETROLEUM INVESTMENT CO. (P-5 847710) in the DARST CREEK (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14602District 01Field 23191666Hydrogen sulphide fieldOilSaveExport
Value, all time
$6.5 M
May 2005 – Dec 2022
Value, last 12 filed months
$143 k
at the published price for each month
Months reported
212
no gaps in the span
Streams
1
oil

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 82 leases and 544 wells, and the rule below applies to all of them.

Discovered
1960-09-01
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 2009-11-24.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ONTAL WELLS.

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
OilDisposition94,933 bbl$6,503,446
Total$6,503,446

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 29.5901, -97.7505. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.59008, -97.75053 · 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
2,578 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 2,578 ft.

Completions filed
Dec 2023
1 of 1 wells

1 well

42-187335083H2,578 ftDec 2023

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 (212)

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

212 months

Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 202211884.888.16$10,016
Aug 202212794.529.13$12,004
Jul 2022181101.587.54$18,386
Jun 2022177115.097.98$20,371
May 2022177109.378.43$19,358
Apr 2022186104.226.84$19,385
Mar 2022158108.885.08$17,203
Feb 202215191.054.86$13,749
Jan 202215081.844.54$12,276
Dec 202116371.323.90$11,625
Nov 202114977.435.24$11,537
Oct 202116279.795.71$12,926
Sep 202115969.865.35$11,108
Aug 202116566.024.22$10,893
Jul 202118970.783.98$13,377
Jun 202117069.493.38$11,813
May 202120963.483.02$13,267
Apr 202120160.362.76$12,132
Mar 202121661.302.72$13,241
Feb 202115557.805.55$8,959
Jan 202113650.412.81$6,856
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 20201037.091.99$371
Aug 20203539.982.39$1,399
Jul 202020238.371.83$7,751
Jun 202023934.901.69$8,341
May 202020616.921.81$3,486
Apr 202020714.751.80$3,053
Mar 202020830.341.86$6,311
Feb 202019149.881.98$9,527
Jan 202021757.252.09$12,423
Dec 201921559.012.30$12,687
Nov 201923955.302.75$13,217
Oct 201923153.472.42$12,352
Sep 201924155.052.66$13,267
Aug 201912453.112.30$6,586
Jul 201921056.272.46$11,817
Jun 201921752.782.49$11,453
May 201920058.482.74$11,696
Apr 201920162.632.75$12,589
Mar 201921756.803.06$12,326
Feb 201919750.852.79$10,017
Jan 201922846.033.23$10,495
Dec 201819346.594.19$8,992
Nov 201822352.934.24$11,803
Oct 201822261.443.40$13,640
Sep 201822159.543.11$13,158
Aug 201822859.403.07$13,543
Jul 201822665.142.93$14,722
Jun 201821960.183.08$13,179
May 201819665.382.90$12,814
Apr 201816463.842.90$10,470
Mar 201822461.222.79$13,713
Feb 201819761.782.77$12,171
Jan 201822562.874.01$14,146
Dec 201721957.272.92$12,542
Nov 201722155.423.12$12,248
Oct 201723249.292.98$11,435
Sep 201722247.523.09$10,549
Aug 201720345.373.00$9,210
Jul 201723243.873.09$10,178
Jun 201719542.493.09$8,286
May 201723645.373.26$10,707
Apr 201725847.933.21$12,366
Mar 201726246.772.98$12,254
Feb 201724750.452.95$12,461
Jan 201729849.413.42$14,724
Dec 201629048.763.72$14,140
Nov 201629642.492.64$12,577
Oct 201627846.193.09$12,841
Sep 201627341.553.10$11,343
Aug 201624141.442.92$9,987
Jul 201631341.622.92$13,027
Jun 201627945.352.69$12,653
May 201630742.521.99$13,054
Apr 201628836.561.99$10,529
Mar 201628633.011.79$9,441
Feb 201615726.472.06$4,156
Jan 201620227.352.36$5,525
Dec 201529232.362.00$9,449
Nov 201528838.792.17$11,172
Oct 201527943.552.43$12,150
Sep 201530542.992.76$13,112
Aug 201532740.162.87$13,132
Jul 201531848.152.95$15,312
Jun 201531256.152.88$17,519
May 201532455.212.96$17,888
Apr 201531249.822.71$15,544
Mar 201531642.892.93$13,553
Feb 201527844.662.98$12,415
Jan 201530543.433.10$13,246
Dec 201430054.693.59$16,407
Nov 201431970.464.25$22,477
Oct 201433778.303.90$26,387
Sep 201434386.164.05$29,553
Aug 201436389.394.04$32,449
Jul 201438296.564.18$36,886
Jun 201432098.164.74$31,411
May 201437894.734.73$35,808
Apr 201436595.944.81$35,018
Mar 201435895.895.06$34,329
Feb 201435197.406.19$34,187
Jan 201436790.404.86$33,177
Dec 201338791.824.35$35,534
Nov 201336788.853.74$32,608
Oct 201337997.423.78$36,922
Sep 2013371104.113.72$38,625
Aug 2013391104.253.52$40,762
Jul 2013394102.523.72$40,393
Jun 201338494.403.93$36,250
May 201338394.834.15$36,320
Apr 201337193.964.28$34,859
Mar 201333593.623.91$31,363
Feb 201335291.233.42$32,113
Jan 201338191.603.42$34,900
Dec 201233786.773.42$29,241
Nov 201238186.953.62$33,128
Oct 201239389.383.40$35,126
Sep 201237194.672.92$35,123
Aug 201240692.662.91$37,620
Jul 201242785.133.02$36,351
Jun 201238779.822.52$30,890
May 201235991.612.49$32,888
Apr 2012362101.652.00$36,797
Mar 2012363105.052.22$38,133
Feb 2012362101.102.57$36,598
Jan 201238698.092.73$37,863
Dec 201140796.873.24$39,426
Nov 201139395.723.31$37,618
Oct 201145384.983.65$38,496
Sep 201140683.623.99$33,950
Aug 201140983.404.15$34,111
Jul 201141494.144.52$38,974
Jun 201138392.904.64$35,581
May 201142798.134.40$41,902
Apr 2011408105.964.33$43,232
Mar 201144496.364.06$42,784
Feb 201138585.644.18$32,971
Jan 201144186.504.59$38,147
Dec 201041785.734.35$35,749
Nov 201040980.843.80$33,064
Oct 201041278.103.51$32,177
Sep 201044372.633.98$32,175
Aug 201046573.684.42$34,261
Jul 201046272.554.74$33,518
Jun 201045570.364.91$32,014
May 201047871.124.24$33,995
Apr 201036881.694.12$30,062
Mar 201052478.394.39$41,076
Feb 201053073.585.44$38,997
Jan 201058474.365.96$43,426
Dec 200952871.445.48$37,720
Nov 200952274.593.75$38,936
Oct 200958472.544.11$42,363
Sep 200957165.543.06$37,423
Aug 200957667.423.22$38,834
Jul 200959361.133.46$36,250
Jun 200958366.163.90$38,571
May 200957154.743.93$31,257
Apr 200956846.773.59$26,565
Mar 200968542.144.06$28,866
Feb 200964832.814.63$21,261
Jan 200977735.865.37$27,863
Dec 200863037.105.98$23,373
Nov 200848355.496.86$26,802
Oct 200878575.246.92$59,063
Sep 2008550101.767.88$55,968
Aug 2008705114.228.48$80,525
Jul 2008619131.0811.39$81,139
Jun 2008739131.3313.03$97,053
May 2008665123.1711.57$81,908
Apr 2008659110.3110.45$72,694
Mar 2008702101.909.66$71,534
Feb 200861992.538.77$57,276
Jan 200877690.388.21$70,135
Dec 200763288.337.30$55,825
Nov 200768391.677.29$62,611
Oct 200779382.856.92$65,700
Sep 200761775.846.24$46,793
Aug 200776869.066.39$53,038
Jul 200761170.906.39$43,320
Jun 200793462.007.55$57,908
May 200786058.747.85$50,516
Apr 200756859.617.81$33,858
Mar 200783156.927.30$47,301
Feb 200773555.108.22$40,499
Jan 200781750.306.73$41,095
Dec 200680056.656.92$45,320
Nov 200689054.207.62$48,238
Oct 200679354.906.01$43,536
Sep 20061,09560.085.04$65,788
Aug 200699768.717.34$68,504
Jul 200666369.376.34$45,992
Jun 20061,02366.286.38$67,804
May 20061,27166.016.42$83,899
Apr 20061,20164.397.36$77,332
Mar 20061,29956.707.08$73,653
Feb 20061,58357.597.75$91,165
Jan 20061,65260.598.93$100,095
Dec 20051,90654.9413.42$104,716
Nov 20051,86454.6910.59$101,942
Oct 200533758.3413.80$19,661
Sep 200540361.4512.08$24,764
Aug 20051,03361.519.80$63,540
Jul 20052,24955.697.84$125,247
Jun 20054,26252.337.38$223,030
May 20052,13345.226.65$96,454

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.

Sep 2022 — as filed, then multipliedworked
Oil                  118 bbl  × $ 84.88 =    $10,016

────────────────────────────────────────────────────
Month total                                  $10,016

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/14602 is the state's own key, not one this site invented.