MUSTANG

Operated by JAVELIN ENERGY PARTNERS MGMT LLC (P-5 100351) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16408District 01Field 27135700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$52.0 M
Dec 2012 – May 2026
Value, last 12 filed months
$590 k
at the published price for each month
Months reported
162
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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
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 40 acres. The field rule took effect on 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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
OilDisposition773,969 bbl$47,175,534
Casinghead gasProduction1,612,973 Mcf$4,858,556
Total$52,034,090

Wells on this lease (9)

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 28.6412, -98.4876. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

28.64102, -98.48760 · 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
22.2%
2 of 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
10,038 ft
9 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
222.2%
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.
777.8%

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, 9 of 9 wells. Median 10,038 ft, with the middle half between 10,025 and 10,087 ft; the shallowest is 9,997 ft and the deepest 10,145 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, 9 of 9 wells, Mar 2013 – Jan 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 2013 – Jan 2018
9 of 9 wells

9 wells

42-311367404H10,001 ftJan 2018
42-311367426H9,997 ftJan 2018
42-311367437H10,025 ftJan 2018
42-311351401H10,145 ftApr 2016Yes
42-3113620314H10,091 ftFeb 2015
42-3113620213H10,087 ftFeb 2015
42-3113620112H10,080 ftFeb 2015
42-311352512H10,029 ftFeb 2014
42-311352143H10,038 ftMar 2013Yes

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 (162)

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

162 months

May 2026837515106.413.05$90,634
Apr 202688660698.932.87$89,391
Mar 202662358589.753.15$57,757
Feb 202674057663.503.75$49,150
Jan 202673254859.138.00$47,666
Dec 202593645856.664.41$55,055
Nov 202548667358.593.93$31,117
Oct 202556871159.383.30$36,078
Sep 202526842662.743.08$18,125
Aug 202555856363.933.01$37,370
Jul 202563142166.743.32$43,509
Jun 202548859166.483.13$34,291
May 202585542960.553.23$53,157
Apr 202562498162.363.54$42,388
Mar 202587793167.704.27$63,347
Feb 202566592170.884.34$51,133
Jan 20251,24876874.324.28$96,037
Dec 202496085668.993.12$68,902
Nov 202492875469.052.20$65,736
Oct 202492236671.372.28$66,638
Sep 20241,60677569.612.36$113,626
Aug 20241,3301,47675.632.06$103,634
Jul 20242,3141,52179.932.15$188,223
Jun 20242,0402,15878.082.63$164,967
May 20242,1763,75578.812.20$179,746
Apr 20242,0344,48384.451.66$179,209
Mar 20243,0024,23080.301.55$247,597
Feb 20243,5936,03776.091.78$284,159
Jan 20243,1325,67873.023.30$247,423
Dec 20231,2932,64171.262.61$99,034
Nov 20231,4503,34777.892.81$122,337
Oct 20232,6174,55885.443.09$237,668
Sep 20231,1564,03189.042.74$113,955
Aug 202333786980.522.67$29,458
Jul 20231,3872,25774.852.64$109,779
Jun 20231,7624,36768.962.26$131,370
May 20231,4023,71570.622.23$107,284
Apr 20231,4203,05078.122.24$117,756
Mar 20231,1843,28672.852.39$94,118
Feb 20232,0414,22775.112.47$163,722
Jan 20232,7445,48276.533.39$228,570
Dec 20223,0535,65676.415.73$265,683
Nov 20222,7225,47385.005.65$262,272
Oct 20223,0584,61687.185.86$293,664
Sep 20221,4582,87384.888.16$147,209
Aug 20221,2442,57394.529.13$141,067
Jul 20221,3282,874101.587.54$156,574
Jun 20221,6323,128115.097.98$212,780
May 20221,3823,262109.378.43$178,658
Apr 20221,6173,552104.226.84$192,811
Mar 20222,1545,604108.885.08$262,976
Feb 20222,1055,70091.054.86$219,356
Jan 20222,6036,87681.844.54$244,231
Dec 20212,8048,23171.323.90$232,075
Nov 20212,7987,85977.435.24$257,806
Oct 20212,9667,08079.795.71$277,111
Sep 20213,1596,29869.865.35$254,388
Aug 20211,9289,82466.024.22$168,750
Jul 20212,74111,79470.783.98$240,973
Jun 20212,72415,09669.493.38$240,325
May 20213,04115,70463.483.02$240,432
Apr 20213,43415,99460.362.76$251,394
Mar 20213,18714,40461.302.72$234,498
Feb 20212,58111,67257.805.55$213,937
Jan 20213,09515,26850.412.81$198,926
Dec 20203,44416,35444.642.68$197,495
Nov 20202,98716,85338.772.71$161,420
Oct 20203,47320,34336.972.48$178,816
Sep 20203,23819,55637.091.99$159,034
Aug 20203,51619,40939.982.39$186,862
Jul 20203,49220,08638.371.83$170,647
Jun 20203,58821,18334.901.69$161,027
May 20203,77625,84416.921.81$110,790
Apr 20204,05031,46214.751.80$116,507
Mar 20204,40228,63830.341.86$186,715
Feb 20204,08525,34049.881.98$253,950
Jan 20204,40428,54157.252.09$311,915
Dec 20194,86336,02559.012.30$369,980
Nov 20194,99444,25555.302.75$397,900
Oct 20194,01532,80953.472.42$294,032
Sep 20195,34522,33755.052.66$353,598
Aug 20195,51222,45253.112.30$344,480
Jul 20196,13722,93256.272.46$401,743
Jun 20195,07921,11352.782.49$320,666
May 20197,14625,58258.482.74$488,001
Apr 20196,90817,65862.632.75$481,220
Mar 20196,53125,48656.803.06$449,001
Feb 20197,43024,67650.852.79$446,716
Jan 20198,45929,56346.033.23$484,802
Dec 20189,38930,76946.594.19$566,215
Nov 201811,06032,69552.934.24$723,942
Oct 201812,18029,25561.443.40$847,750
Sep 201812,33525,93659.543.11$815,035
Aug 201814,60029,34259.403.07$957,219
Jul 201818,80631,41365.142.93$1,317,122
Jun 201815,83425,08960.183.08$1,030,087
May 201818,72527,65665.382.90$1,304,465
Apr 201822,80430,04763.842.90$1,542,968
Mar 201823,95529,80361.222.79$1,549,581
Feb 201828,14433,02961.782.77$1,830,099
Jan 20184712,22962.874.01$38,549
Dec 20172,7814,78457.272.92$173,244
Nov 20173,1594,22255.423.12$188,238
Oct 20172,5443,84549.292.98$136,866
Sep 20173,1283,89447.523.09$160,664
Aug 20172,3614,22745.373.00$119,818
Jul 20173,4156,05943.873.09$168,522
Jun 20172,7225,00642.493.09$131,113
May 20173,2895,36745.373.26$166,737
Apr 20173,3264,40947.933.21$173,575
Mar 20172,0613,72846.772.98$107,516
Feb 20172,8794,03850.452.95$157,168
Jan 20173,7135,75949.413.42$203,148
Dec 20165,4049,67348.763.72$299,510
Nov 20165,1567,39442.492.64$238,631
Oct 20164,8846,16546.193.09$244,643
Sep 20164,5905,74241.553.10$208,518
Aug 20165,5276,63441.442.92$248,439
Jul 20165,4597,27541.622.92$248,478
Jun 20166,2747,99145.352.69$305,988
May 20167,1489,22142.521.99$322,292
Apr 20166,12910,26836.561.99$244,520
Mar 20166,6257,46933.011.79$232,091
Feb 20166,2789,76826.472.06$186,336
Jan 20167,00211,44727.352.36$218,570
Dec 20157,65711,87732.362.00$271,551
Nov 20157,94011,98438.792.17$333,966
Oct 20159,07911,66943.552.43$423,706
Sep 20158,2369,27242.992.76$379,642
Aug 20159,93512,30940.162.87$434,347
Jul 201512,49214,25948.152.95$643,484
Jun 201514,03516,78056.152.88$836,440
May 201513,7375,55455.212.96$774,834
Apr 201513,82011,63749.822.71$720,009
Mar 201518,29212,66342.892.93$821,706
Feb 201519,56713,28444.662.98$913,398
Jan 20151,6252,57943.433.10$78,570
Dec 20141,9893,42554.693.59$121,079
Nov 20142,0922,82370.464.25$159,405
Oct 20142,5263,20778.303.90$210,296
Sep 20143,0043,62086.164.05$273,469
Aug 20142,3543,72789.394.04$225,463
Jul 20142,9254,42796.564.18$300,941
Jun 20143,2314,65798.164.74$339,215
May 20143,6625,36394.734.73$372,250
Apr 20144,0785,75695.944.81$418,925
Mar 20142,8775,37495.895.06$303,051
Feb 20144,0963,56897.406.19$421,043
Jan 20143,8922,36590.404.86$363,332
Dec 20133,6583,62891.824.35$351,676
Nov 20132,8894,03788.853.74$271,779
Oct 20135,4136,01697.423.78$550,071
Sep 20137,9638,937104.113.72$862,253
Aug 20137,8199,514104.253.52$848,645
Jul 201310,86210,950102.523.72$1,154,281
Jun 201310,3169,71994.403.93$1,012,059
May 201311,9009,80894.834.15$1,169,171
Apr 201315,31112,00793.964.28$1,490,043
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$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.

May 2026 — as filed, then multipliedworked
Oil                  837 bbl  × $106.41 =    $89,065
Casinghead gas       515 Mcf  × $  3.05 =     $1,569

────────────────────────────────────────────────────
Month total                                  $90,634

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/16408 is the state's own key, not one this site invented.