J. L. NEW

Operated by TEXIAN OPERATING COMPANY, LLC (P-5 848681) in the SALT FLAT (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18680District 01Field 79905003Hydrogen sulphide fieldOilSaveExport
Value, all time
$10.5 M
Apr 2015 – May 2026
Value, last 12 filed months
$570 k
at the published price for each month
Months reported
134
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 46 leases and 166 wells, and the rule below applies to all of them.

Discovered
1995-01-24
as the register files it
Field class
Oil
the register's own label
Between wells
200 ft
minimum
From a lease line
50 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 2010-04-20.

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: PER DOC.#01-0263918 4/20/10

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
OilDisposition193,470 bbl$10,535,788
Total$10,535,788

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 29.7638, -97.5930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.76379, -97.59299 · 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
2,766 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 2,766 ft.

Completions filed
Apr 2015
1 of 1 wells

1 well

42-055350981H2,766 ftApr 2015

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 (134)

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

134 months

May 2026677106.413.05$72,040
Apr 202669798.932.87$68,954
Mar 202658289.753.15$52,235
Feb 202668963.503.75$43,752
Jan 202665959.138.00$38,967
Dec 202573456.664.41$41,588
Nov 202568658.593.93$40,193
Oct 202573859.383.30$43,822
Sep 202553262.743.08$33,378
Aug 202572063.933.01$46,030
Jul 202565066.743.32$43,381
Jun 202568066.483.13$45,206
May 202575660.553.23$45,776
Apr 202567462.363.54$42,031
Mar 202569067.704.27$46,713
Feb 202571370.884.34$50,537
Jan 202580774.324.28$59,976
Dec 202474768.993.12$51,536
Nov 202467569.052.20$46,609
Oct 202481871.372.28$58,381
Sep 202476369.612.36$53,112
Aug 202469975.632.06$52,865
Jul 202482479.932.15$65,862
Jun 202474178.082.63$57,857
May 202470878.812.20$55,797
Apr 202485184.451.66$71,867
Mar 202469180.301.55$55,487
Feb 202475176.091.78$57,144
Jan 202495373.023.30$69,588
Dec 202373971.262.61$52,661
Nov 202373077.892.81$56,860
Oct 202373185.443.09$62,457
Sep 202372789.042.74$64,732
Aug 202382980.522.67$66,751
Jul 202389074.852.64$66,617
Jun 202382868.962.26$57,099
May 202366570.622.23$46,962
Apr 202382578.122.24$64,449
Mar 202382772.852.39$60,247
Feb 202389075.112.47$66,848
Jan 202368476.533.39$52,347
Dec 202269276.415.73$52,876
Nov 202284185.005.65$71,485
Oct 202283987.185.86$73,144
Sep 202283484.888.16$70,790
Aug 202283394.529.13$78,735
Jul 2022846101.587.54$85,937
Jun 2022834115.097.98$95,985
May 20221,005109.378.43$109,917
Apr 20221,010104.226.84$105,262
Mar 2022846108.885.08$92,112
Feb 202284991.054.86$77,301
Jan 20221,00381.844.54$82,086
Dec 20211,00271.323.90$71,463
Nov 202183877.435.24$64,886
Oct 20211,00979.795.71$80,508
Sep 20211,01769.865.35$71,048
Aug 20211,01166.024.22$66,746
Jul 20211,18070.783.98$83,520
Jun 20211,00769.493.38$69,976
May 20211,18463.483.02$75,160
Apr 20211,18360.362.76$71,406
Mar 20211,17961.302.72$72,273
Feb 202166857.805.55$38,610
Jan 20211,16950.412.81$58,929
Dec 20201,17644.642.68$52,497
Nov 20201,16838.772.71$45,283
Oct 20201,17336.972.48$43,366
Sep 20201,34137.091.99$49,738
Aug 20201,33339.982.39$53,293
Jul 20201,16138.371.83$44,548
Jun 20201,49834.901.69$52,280
May 20201,34016.921.81$22,673
Apr 20201,16814.751.80$17,228
Mar 20201,33730.341.86$40,565
Feb 20201,17349.881.98$58,509
Jan 20201,34057.252.09$76,715
Dec 20191,35159.012.30$79,723
Nov 20191,51755.302.75$83,890
Oct 20191,34353.472.42$71,810
Sep 201983755.052.66$46,077
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 201948858.482.74$28,538
Apr 20191,51662.632.75$94,947
Mar 20191,63556.803.06$92,868
Feb 20191,32350.852.79$67,275
Jan 20191,69346.033.23$77,929
Dec 20181,64846.594.19$76,780
Nov 20181,49952.934.24$79,342
Oct 20181,49361.443.40$91,730
Sep 20181,69759.543.11$101,039
Aug 20181,51159.403.07$89,753
Jul 20181,66765.142.93$108,588
Jun 20181,67060.183.08$100,501
May 20181,68465.382.90$110,100
Apr 20181,66663.842.90$106,357
Mar 20181,82761.222.79$111,849
Feb 20181,61961.782.77$100,022
Jan 20181,91862.874.01$120,585
Dec 20172,05057.272.92$117,404
Nov 20171,87455.423.12$103,857
Oct 20172,21949.292.98$109,375
Sep 20172,04247.523.09$97,036
Aug 20172,07345.373.00$94,052
Jul 20172,04443.873.09$89,670
Jun 20172,36042.493.09$100,276
May 20172,56745.373.26$116,465
Apr 20172,26147.933.21$108,370
Mar 20172,68946.772.98$125,765
Feb 20172,23650.452.95$112,806
Jan 20172,77549.413.42$137,113
Dec 20162,77348.763.72$135,211
Nov 20162,78242.492.64$118,207
Oct 20162,75046.193.09$127,023
Sep 20162,87941.553.10$119,622
Aug 20163,09841.442.92$128,381
Jul 20163,04641.622.92$126,775
Jun 20163,22445.352.69$146,208
May 20163,26242.521.99$138,700
Apr 20163,41136.561.99$124,706
Mar 20163,86733.011.79$127,650
Feb 20163,59926.472.06$95,266
Jan 20163,31127.352.36$90,556
Dec 20152,95232.362.00$95,527
Nov 20152,78738.792.17$108,108
Oct 20152,96443.552.43$129,082
Sep 20152,60242.992.76$111,860
Aug 20153,52340.162.87$141,484
Jul 20154,11248.152.95$197,993
Jun 20153,98556.152.88$223,758
May 20154,35855.212.96$240,605
Apr 20151,03649.822.71$51,614

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                  677 bbl  × $106.41 =    $72,040

────────────────────────────────────────────────────
Month total                                  $72,040

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/18680 is the state's own key, not one this site invented.