LAY

Operated by R & S OIL PRODUCTION CO. (P-5 687540) in the LULING-BRANYON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18524District 01Field 55679001Hydrogen sulphide fieldOilSaveExport
Value, all time
$507 k
Dec 2014 – Jan 2025
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
122
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 507 leases and 2,955 wells, and the rule below applies to all of them.

Discovered
1922-08-08
as the register files it
Field class
Oil and gas
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 2018-06-19.

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: CORRELATIVE INTERVAL 1620' - 2164'

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
OilDisposition9,612 bbl$507,265
Total$507,265

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 29.8461, -97.5832. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.84610, -97.58319 · 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
2,330 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 2,330 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-055350301J2,330 ftDec 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 (122)

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

122 months

Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 202418771.372.28$13,346
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 202417879.932.15$14,228
Jun 202418078.082.63$14,054
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 202210784.888.16$9,082
Aug 2022094.529.13$0
Jul 2022102101.587.54$10,361
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 2022127104.226.84$13,236
Mar 20220108.885.08$0
Feb 20229291.054.86$8,377
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 202113177.435.24$10,143
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 20218666.024.22$5,678
Jul 202110870.783.98$7,644
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 202111260.362.76$6,760
Mar 2021061.302.72$0
Feb 20218657.805.55$4,971
Jan 202112550.412.81$6,301
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 202011136.972.48$4,104
Sep 2020037.091.99$0
Aug 202011339.982.39$4,518
Jul 2020038.371.83$0
Jun 202031234.901.69$10,889
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 20208157.252.09$4,637
Dec 201912459.012.30$7,317
Nov 2019055.302.75$0
Oct 20195653.472.42$2,994
Sep 20197355.052.66$4,019
Aug 201915153.112.30$8,020
Jul 2019056.272.46$0
Jun 201913852.782.49$7,284
May 2019058.482.74$0
Apr 201916362.632.75$10,209
Mar 2019056.803.06$0
Feb 201912550.852.79$6,356
Jan 201918046.033.23$8,285
Dec 2018046.594.19$0
Nov 201810852.934.24$5,716
Oct 2018061.443.40$0
Sep 201811859.543.11$7,026
Aug 201811859.403.07$7,009
Jul 201815865.142.93$10,292
Jun 2018060.183.08$0
May 201812665.382.90$8,238
Apr 201822363.842.90$14,236
Mar 201822361.222.79$13,652
Feb 2018061.782.77$0
Jan 20186762.874.01$4,212
Dec 201717057.272.92$9,736
Nov 201752155.423.12$28,874
Oct 201717249.292.98$8,478
Sep 201716347.523.09$7,746
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 20164741.553.10$1,953
Aug 201613641.442.92$5,636
Jul 201630941.622.92$12,861
Jun 201615045.352.69$6,803
May 2016042.521.99$0
Apr 20167736.561.99$2,815
Mar 2016033.011.79$0
Feb 201617726.472.06$4,685
Jan 2016027.352.36$0
Dec 201534132.362.00$11,035
Nov 201514938.792.17$5,780
Oct 2015043.552.43$0
Sep 201517242.992.76$7,394
Aug 201533940.162.87$13,614
Jul 201529548.152.95$14,204
Jun 201515956.152.88$8,928
May 201517255.212.96$9,496
Apr 201516649.822.71$8,270
Mar 201566442.892.93$28,479
Feb 201551244.662.98$22,866
Jan 201533243.433.10$14,419
Dec 2014054.693.59$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.

Oct 2024 — as filed, then multipliedworked
Oil                  187 bbl  × $ 71.37 =    $13,346

────────────────────────────────────────────────────
Month total                                  $13,346

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/18524 is the state's own key, not one this site invented.