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MILLS

Operated by SAGE ENERGY COMPANY (P-5 743215) in the PEARSALL (BUDA, S.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17780District 01Field 69981375Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$28.1 M
Nov 2012 – May 2026
Value, last 12 filed months
$282 k
at the published price for each month
Months reported
163
no gaps in the span
Streams
2
oil, casinghead gas

The PEARSALL (BUDA, S.) field

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 118 leases and 147 wells, and the rule below applies to all of them.

Discovered
1967-08-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2012-11-06.

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: “AND VERTICAL WELLS. SEE DOCKET FOR SPECIAL HORIZONTAL RULES.”

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
OilDisposition296,725 bbl$23,354,435
Casinghead gasProduction1,375,259 Mcf$4,743,859
Total$28,098,294

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 28.6434, -99.6023. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

28.64335, -99.60227 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
3,286 ft
2 wells filed one
Completion to plug
11.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 2,472 and 4,100 ft, median 3,286 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2012 – Feb 2013
2 of 2 wells
Plug dates filed
Jul 2024
1 of 2 wells; 1 filed none

Last completion to plug: a median of 11.7 years across the 1 well that filed both dates, with the middle half between 11.7 years and 11.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-507329631H4,100 ftFeb 2013——
42-127350802H2,472 ftNov 2012Jul 2024Yes

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

May 20261662,888106.413.05$26,460
Apr 20261742,62598.932.87$24,747
Mar 20261781,95089.753.15$22,117
Feb 20261662,33963.503.75$19,313
Jan 20263121,89359.138.00$33,589
Dec 20251592,45656.664.41$19,848
Nov 20253222,49658.593.93$28,666
Oct 20251612,92759.383.30$19,233
Sep 20251732,85362.743.08$19,632
Aug 20253442,47463.933.01$29,450
Jul 20251742,24366.743.32$19,049
Jun 20251662,90266.483.13$20,115
May 20251873,05760.553.23$21,204
Apr 20253552,66362.363.54$31,573
Mar 20251772,20167.704.27$21,377
Feb 20251771,41870.884.34$18,701
Jan 20251682,23274.324.28$22,036
Dec 20241843168.993.12$12,791
Nov 20243623069.052.20$25,062
Oct 20241783171.372.28$12,775
Sep 20243371,72769.612.36$27,542
Aug 20241572,06475.632.06$16,133
Jul 20243373179.932.15$27,003
Jun 20245052,10378.082.63$44,970
May 202437328078.812.20$30,012
Apr 20240584.451.66$8
Mar 202401,00480.301.55$1,551
Feb 20243743,62776.091.78$34,927
Jan 20241861,81573.023.30$19,567
Dec 20231901,83671.262.61$18,333
Nov 20231903377.892.81$14,892
Oct 20233604185.443.09$30,885
Sep 20233611,33189.042.74$35,784
Aug 20231872,47280.522.67$21,665
Jul 202318462874.852.64$15,431
Jun 20233294568.962.26$22,789
May 202302770.622.23$60
Apr 20233471,32478.122.24$30,070
Mar 202301,71972.852.39$4,114
Feb 20235432,49775.112.47$46,942
Jan 20231752,96676.533.39$23,441
Dec 20223612,62776.415.73$42,634
Nov 20221872,57385.005.65$30,423
Oct 20221852,57487.185.86$31,222
Sep 20223232,62684.888.16$48,854
Aug 20221742,87194.529.13$42,651
Jul 20225383,379101.587.54$80,135
Jun 20221723,460115.097.98$47,397
May 20225303,395109.378.43$86,596
Apr 20221852,051104.226.84$33,305
Mar 20223413,145108.885.08$53,093
Feb 20225573,07791.054.86$65,666
Jan 20225263,74981.844.54$60,060
Dec 20217204,49371.323.90$68,869
Nov 20213573,47277.435.24$45,825
Oct 20215221,95979.795.71$52,844
Sep 20213352,25569.865.35$35,469
Aug 20211671,21166.024.22$16,136
Jul 20213412,97370.783.98$35,975
Jun 20211673,31269.493.38$22,801
May 20211731,74463.483.02$16,245
Apr 20211871,63160.362.76$15,786
Mar 20213713,45361.302.72$32,124
Feb 20211882,84457.805.55$26,645
Jan 20215583,06250.412.81$36,734
Dec 20203483,10844.642.68$23,850
Nov 20203593,00838.772.71$22,060
Oct 20205513,22536.972.48$28,363
Sep 20203553,72337.091.99$20,580
Aug 20203663,50539.982.39$22,992
Jul 20206944,74638.371.83$35,291
Jun 20207335,62334.901.69$35,086
May 202004,96216.921.81$9,005
Apr 20203724,38714.751.80$13,403
Mar 20203733,70330.341.86$18,190
Feb 20205494,65249.881.98$36,598
Jan 20203625,07657.252.09$31,357
Dec 20193563,39459.012.30$28,829
Nov 20195326,29255.302.75$46,727
Oct 20193475,73353.472.42$32,420
Sep 20195335,65155.052.66$44,358
Aug 20195135,00553.112.30$38,779
Jul 20195286,42656.272.46$45,519
Jun 20196976,63252.782.49$53,309
May 20194986,47358.482.74$46,861
Apr 20194987,25162.632.75$51,135
Mar 20198516,93656.803.06$69,576
Feb 20196935,88950.852.79$51,682
Jan 20196795,63146.033.23$49,432
Dec 20183777,26546.594.19$47,972
Nov 20188586,20952.934.24$71,723
Oct 20185326,43361.443.40$54,546
Sep 20185204,87859.543.11$46,122
Aug 20183485,97059.403.07$38,979
Jul 20188545,82865.142.93$72,717
Jun 20185235,88260.183.08$49,573
May 20188634,77565.382.90$70,274
Apr 20183355,93563.842.90$38,603
Mar 20181,0416,23961.222.79$81,117
Feb 20187005,75461.782.77$59,162
Jan 20185233,04162.874.01$45,073
Dec 20175244,17057.272.92$42,192
Nov 20175156,60155.423.12$49,126
Oct 20171,2628,46049.292.98$87,446
Sep 20179039,43747.523.09$72,045
Aug 201753310,80945.373.00$56,657
Jul 201788312,40043.873.09$77,019
Jun 20175429,30342.493.09$51,751
May 201790211,90345.373.26$79,768
Apr 201774412,55547.933.21$75,982
Mar 201788611,70446.772.98$76,359
Feb 20171,1008,33150.452.95$80,093
Jan 20171,08712,94849.413.42$97,975
Dec 20169177,37748.763.72$72,176
Nov 201671911,85442.492.64$61,896
Oct 20161,24812,80446.193.09$97,213
Sep 20161,08011,26641.553.10$79,806
Aug 20161,24813,59141.442.92$91,462
Jul 201689512,27241.622.92$73,137
Jun 20161,76114,83745.352.69$119,711
May 20161,93118,58242.521.99$119,104
Apr 20162,25020,45936.561.99$122,995
Mar 20161,70419,19533.011.79$90,685
Feb 20162,24213,30826.472.06$86,809
Jan 20163,13214,57927.352.36$120,130
Dec 20153,09819,14932.362.00$138,576
Nov 20153,25517,48238.792.17$164,151
Oct 20152,73122,43443.552.43$173,373
Sep 20152,90116,16742.992.76$169,309
Aug 20152,42414,30440.162.87$138,436
Jul 20151,49817,91648.152.95$124,893
Jun 20151,91923,32756.152.88$175,000
May 20152,20222,94855.212.96$189,394
Apr 20151,48512,94749.822.71$109,025
Mar 20152,34821,65042.892.93$164,242
Feb 20152,71221,86844.662.98$186,201
Jan 20154,56624,12343.433.10$273,098
Dec 20143,99326,00354.693.59$311,763
Nov 20143,76026,10270.464.25$375,911
Oct 20144,61924,88578.303.90$458,743
Sep 20144,72719,70286.164.05$486,982
Aug 20146,15917,30189.394.04$620,365
Jul 20144,90416,13796.564.18$540,976
Jun 20143,0399,88098.164.74$345,109
May 20143,02012,56394.734.73$345,464
Apr 20144,45124,99095.944.81$547,209
Mar 20142,33027,98195.895.06$364,918
Feb 20142,12223,54097.406.19$352,442
Jan 20142,20123,90890.404.86$315,180
Dec 20132,4896,69391.824.35$257,685
Nov 20133,6675,01188.853.74$344,545
Oct 20136,10720,90897.423.78$673,963
Sep 20137,05424,785104.113.72$826,536
Aug 201312,72149,115104.253.52$1,499,177
Jul 20136,81621,213102.523.72$777,641
Jun 201310,93938,36694.403.93$1,183,551
May 201317,83550,74794.834.15$1,901,846
Apr 201312,56321,44693.964.28$1,272,264
Mar 201319,43023,45093.623.91$1,910,793
Feb 201315,86810,95191.233.42$1,485,089
Jan 201313,0433191.603.42$1,194,845
Dec 201225,8773186.773.42$2,245,453
Nov 20120086.953.62$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                  166 bbl  × $106.41 =    $17,664
Casinghead gas     2,888 Mcf  × $  3.05 =     $8,796

────────────────────────────────────────────────────
Month total                                  $26,460

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/17780 is the state's own key, not one this site invented.