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BRUCE WEAVER

Operated by CML EXPLORATION, LLC (P-5 120648) 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 17948District 01Field 69981375Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$12.3 M
Jul 2014 – May 2026
Value, last 12 filed months
$257 k
at the published price for each month
Months reported
143
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
OilDisposition171,517 bbl$10,886,707
Casinghead gasProduction424,767 Mcf$1,382,813
Total$12,269,520

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 28.6260, -99.6771. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

28.62597, -99.67709 · 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
0.0%
0 of 2 wells
Median depth
6,747 ft
2 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
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.
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 6,610 and 6,884 ft, median 6,747 ft, over the 2 wells that filed a depth.

Completions filed
Sep 2014 – Apr 2023
2 of 2 wells

2 wells

42-507331092H6,610 ftApr 2023—Yes
42-507323851RE6,884 ftSep 2014——

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 (143)

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

143 months

May 20263640106.413.05$38,733
Apr 202619187898.932.87$21,415
Mar 202627182489.753.15$26,917
Feb 202637970063.503.75$26,692
Jan 202619075559.138.00$17,273
Dec 202518389556.664.41$14,319
Nov 202537689258.593.93$25,532
Oct 20251911,03459.383.30$14,759
Sep 202518499762.743.08$14,612
Aug 20253661,00963.933.01$26,440
Jul 202518276766.743.32$14,689
Jun 202518795566.483.13$15,420
May 202537434960.553.23$23,774
Apr 202519095262.363.54$15,221
Mar 202556694667.704.27$42,356
Feb 202518484870.884.34$16,723
Jan 202538948474.324.28$30,981
Dec 202455531768.993.12$39,279
Nov 202418656669.052.20$14,088
Oct 202436415671.372.28$26,335
Sep 2024183069.612.36$12,739
Aug 2024192075.632.06$14,521
Jul 2024179079.932.15$14,307
Jun 2024176078.082.63$13,742
May 2024200078.812.20$15,762
Apr 2024538084.451.66$45,434
Mar 2024183080.301.55$14,695
Feb 2024189076.091.78$14,381
Jan 2024205073.023.30$14,969
Dec 202319071.262.61$1,354
Nov 2023197077.892.81$15,344
Oct 2023193085.443.09$16,490
Sep 2023375089.042.74$33,390
Aug 2023176080.522.67$14,172
Jul 2023216074.852.64$16,168
Jun 2023337068.962.26$23,240
May 2023361070.622.23$25,494
Apr 202336328078.122.24$28,984
Mar 202335219272.852.39$26,103
Feb 202318621375.112.47$14,496
Jan 2023697076.533.39$53,341
Dec 2022367076.415.73$28,042
Nov 20221899385.005.65$16,590
Oct 2022366087.185.86$31,908
Sep 2022189084.888.16$16,042
Aug 2022350094.529.13$33,082
Jul 20223700101.587.54$37,585
Jun 20223360115.097.98$38,670
May 20225360109.378.43$58,622
Apr 202200104.226.84$0
Mar 202210108.885.08$109
Feb 20223591,08091.054.86$37,935
Jan 20221821,64981.844.54$22,378
Dec 20211851,62771.323.90$19,538
Nov 20215401,40877.435.24$49,186
Oct 20211781,41479.795.71$22,282
Sep 20213551,25569.865.35$31,516
Aug 20213661,97566.024.22$32,499
Jul 20211761,57270.783.98$18,717
Jun 20215301,62969.493.38$42,337
May 20215381,75763.483.02$39,454
Apr 20213671,75860.362.76$27,001
Mar 20215452,16561.302.72$39,291
Feb 20215442,10457.805.55$43,116
Jan 20213621,24750.412.81$21,753
Dec 20203571,51644.642.68$19,992
Nov 20201,0741,77338.772.71$46,438
Oct 20201632,44336.972.48$12,081
Sep 20203181,70537.091.99$15,189
Aug 20204852,17839.982.39$24,585
Jul 20204822,39938.371.83$22,873
Jun 20207502,05734.901.69$29,652
May 202001,42016.921.81$2,577
Apr 20205541,72314.751.80$11,280
Mar 20203671,83230.341.86$14,535
Feb 20205622,26849.881.98$32,525
Jan 20206802,50657.252.09$44,179
Dec 20199122,96359.012.30$60,645
Nov 20199133,20555.302.75$59,305
Oct 20193732,09053.472.42$24,999
Sep 20195451,79155.052.66$34,761
Aug 20197281,87153.112.30$42,976
Jul 20197272,11556.272.46$46,111
Jun 20195432,03252.782.49$33,722
May 20195343,48958.482.74$40,789
Apr 20198523,21362.632.75$62,199
Mar 20198554,19156.803.06$61,397
Feb 20191,2543,75250.852.79$74,242
Jan 20191,0583,63846.033.23$60,444
Dec 20181,0413,11046.594.19$61,517
Nov 20188902,99752.934.24$59,807
Oct 20186971,81761.443.40$48,998
Sep 20188452,96959.543.11$59,539
Aug 20181,0373,45559.403.07$72,193
Jul 20181,0713,70065.142.93$80,613
Jun 20181,2603,42360.183.08$86,359
May 20188963,51265.382.90$68,768
Apr 20185332,33263.842.90$40,791
Mar 20188953,31361.222.79$64,025
Feb 20181,2532,96261.782.77$85,604
Jan 20188813,20062.874.01$68,218
Dec 20171,2353,40257.272.92$80,667
Nov 20178673,20055.423.12$58,028
Oct 20171,2253,43349.292.98$70,623
Sep 20178773,34647.523.09$52,005
Aug 20171,2513,62745.373.00$67,655
Jul 20176873,47443.873.09$40,864
Jun 20171,0483,38742.493.09$54,986
May 20171,0153,63745.373.26$57,920
Apr 20171,2203,64247.933.21$70,171
Mar 20171,0503,72146.772.98$60,211
Feb 20171,3863,60450.452.95$80,565
Jan 20171,1923,82549.413.42$71,974
Dec 20161,7494,31948.763.72$101,360
Nov 20163373,69442.492.64$24,087
Oct 20161,3324,42246.193.09$75,190
Sep 20161,3433,62141.553.10$67,029
Aug 20161,5024,30341.442.92$74,826
Jul 20161,1774,04441.622.92$60,813
Jun 20161,7014,27145.352.69$88,612
May 20161,3214,43342.521.99$64,995
Apr 20161,4844,63036.561.99$63,474
Mar 20161,7164,73033.011.79$65,131
Feb 20161,7004,02026.472.06$53,295
Jan 20161,5534,99227.352.36$54,277
Dec 20152,0855,26832.362.00$78,014
Nov 20152,5344,81138.792.17$108,721
Oct 20155264,96243.552.43$34,948
Sep 20152,2775,64742.992.76$113,465
Aug 20151,9175,07240.162.87$91,556
Jul 20152,0955,60348.152.95$117,376
Jun 20152,2674,97856.152.88$141,643
May 20152,4446,20755.212.96$153,278
Apr 20152,4904,87549.822.71$137,246
Mar 20152,4545,07942.892.93$120,157
Feb 20152,5873,95544.662.98$127,306
Jan 20155,42412,81643.433.10$275,302
Dec 20145,56315,44454.693.59$359,705
Nov 20149,60720,20170.464.25$762,801
Oct 201414,53027,10078.303.90$1,243,415
Sep 201417,18532,38886.164.05$1,611,683
Aug 201413,44833,88289.394.04$1,338,835
Jul 20146,411096.564.18$619,046

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                  364 bbl  × $106.41 =    $38,733
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $38,733

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/17948 is the state's own key, not one this site invented.