YOUNG

Operated by NORTH SOUTH OIL, LLC (P-5 614126) 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 18551District 01Field 55679001Hydrogen sulphide fieldOilSaveExport
Value, all time
$905 k
Mar 2014 – Nov 2018
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
57
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
OilDisposition15,772 bbl$904,552
Total$904,552

Wells on this lease (3)

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 29.8154, -97.6276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

29.81674, -97.62662 · 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
100.0%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
2,394 ft
3 wells filed one
Completion to plug
11.5 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 2,384 and 2,412 ft, median 2,394 ft, over the 3 wells that filed a depth.

Completions filed
Mar 2014 – Aug 2014
3 of 3 wells
Plug dates filed
Oct 2025
3 of 3 wells

Last completion to plug: a median of 11.5 years across the 3 wells that filed both dates, with the middle half between 11.3 years and 11.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-055350833H2,394 ftAug 2014Oct 2025Yes
42-055350692H2,412 ftApr 2014Oct 2025Yes
42-055350671H2,384 ftMar 2014Oct 2025Yes

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 (57)

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

57 months

Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 201818259.403.07$10,811
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 201816565.382.90$10,788
Apr 201831663.842.90$20,173
Mar 201815561.222.79$9,489
Feb 201815761.782.77$9,699
Jan 201829762.874.01$18,672
Dec 201714757.272.92$8,419
Nov 201715655.423.12$8,646
Oct 201731649.292.98$15,576
Sep 201714547.523.09$6,890
Aug 201714545.373.00$6,579
Jul 201730143.873.09$13,205
Jun 201729042.493.09$12,322
May 201714945.373.26$6,760
Apr 201714347.933.21$6,854
Mar 201732946.772.98$15,387
Feb 201717650.452.95$8,879
Jan 201715049.413.42$7,412
Dec 201633248.763.72$16,188
Nov 201632842.492.64$13,937
Oct 201616546.193.09$7,621
Sep 201632941.553.10$13,670
Aug 201616141.442.92$6,672
Jul 201631841.622.92$13,235
Jun 201630645.352.69$13,877
May 201631642.521.99$13,436
Apr 201633036.561.99$12,065
Mar 201630233.011.79$9,969
Feb 201630926.472.06$8,179
Jan 201630827.352.36$8,424
Dec 201547932.362.00$15,500
Nov 201515438.792.17$5,974
Oct 201531043.552.43$13,501
Sep 201530842.992.76$13,241
Aug 201531140.162.87$12,490
Jul 201531348.152.95$15,071
Jun 201530756.152.88$17,238
May 201549155.212.96$27,108
Apr 201534249.822.71$17,038
Mar 201530042.892.93$12,867
Feb 201531244.662.98$13,934
Jan 201549543.433.10$21,498
Dec 201446854.693.59$25,595
Nov 201429670.464.25$20,856
Oct 201431678.303.90$24,743
Sep 201434186.164.05$29,381
Aug 201467689.394.04$60,428
Jul 201467096.564.18$64,695
Jun 201467398.164.74$66,062
May 201498794.734.73$93,499
Apr 2014095.944.81$0
Mar 2014095.895.06$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.

Aug 2018 — as filed, then multipliedworked
Oil                  182 bbl  × $ 59.40 =    $10,811

────────────────────────────────────────────────────
Month total                                  $10,811

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/18551 is the state's own key, not one this site invented.