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HCE BB 03

Operated by FULCRUM ENERGY OPERATING, LLC (P-5 102710) 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 18635District 01Field 69981375Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.7 M
Oct 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
140
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
OilDisposition55,087 bbl$2,694,653
Casinghead gasProduction364,355 Mcf$1,054,826
Total$3,749,480

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 28.8609, -98.9481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.86093, -98.94812 · 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
6,180 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 6,180 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-16333860201H6,180 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 (140)

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

140 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024280071.372.28$19,984
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201946154956.272.46$27,291
Jun 20191801,00052.782.49$11,992
May 20191723,01058.482.74$18,307
Apr 20193583,93662.632.75$33,248
Mar 201943,27956.803.06$10,268
Feb 20193373,03950.852.79$25,622
Jan 20191743,42346.033.23$19,059
Dec 20181844,00346.594.19$25,327
Nov 20183815,98552.934.24$45,526
Oct 20181603,21161.443.40$20,742
Sep 201804,68459.543.11$14,558
Aug 20181563,90959.403.07$21,254
Jul 20183184,37565.142.93$33,542
Jun 20182615,14460.183.08$31,535
May 20181,0325,58965.382.90$83,685
Apr 20182633,66763.842.90$27,427
Mar 20187682,92561.222.79$55,168
Feb 20185413,82861.782.77$44,012
Jan 20182232,20962.874.01$22,877
Dec 201701,61457.272.92$4,715
Nov 201701,60255.423.12$4,996
Oct 20173381,61449.292.98$21,476
Sep 20172771,56247.523.09$17,985
Aug 20171771,61445.373.00$12,880
Jul 20178741,61443.873.09$43,325
Jun 20177011,56242.493.09$34,608
May 20173371,21445.373.26$19,251
Apr 20179241,56247.933.21$49,304
Mar 20171781,61446.772.98$13,141
Feb 20171491,66450.452.95$12,430
Jan 20171721,63449.413.42$14,085
Dec 20163342,22348.763.72$24,562
Nov 20161756,86342.492.64$25,584
Oct 20168535,45846.193.09$56,267
Sep 201605,51841.553.10$17,109
Aug 20166676,70741.442.92$47,254
Jul 201607,16241.622.92$20,944
Jun 20168646,51545.352.69$56,681
May 20168498,44242.521.99$52,908
Apr 2016605,35336.561.99$12,852
Mar 20162,87910,93933.011.79$114,660
Feb 20161,1489,26526.472.06$49,507
Jan 201641711,81427.352.36$39,338
Dec 20159110,80432.362.00$24,568
Nov 201544014,54838.792.17$48,598
Oct 20154328,06143.552.43$38,374
Sep 20151,1711,07442.992.76$53,304
Aug 20152,15716,17440.162.87$133,085
Jul 20151,28513,94348.152.95$102,936
Jun 201533432656.152.88$19,694
May 2015146,52455.212.96$20,054
Apr 201501049.822.71$27
Mar 20151,6357,49642.892.93$92,124
Feb 20153,93623,41944.662.98$245,481
Jan 201510,54153,60543.433.10$624,005
Dec 201411,19635,47754.693.59$739,720
Nov 2014332070.464.25$23,393
Oct 20142,897078.303.90$226,835

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                  280 bbl  × $ 71.37 =    $19,984
Casinghead gas         0 Mcf  × $  2.28 =         $0

────────────────────────────────────────────────────
Month total                                  $19,984

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/18635 is the state's own key, not one this site invented.