PRESTON

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 18755District 01Field 69981375Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.6 M
Jan 2016 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
125
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition32,454 bbl$1,741,412
Casinghead gasProduction289,720 Mcf$868,450
Total$2,609,861

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 28.6643, -99.7392. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.66426, -99.73921 · 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
6,775 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 6,775 ft.

Completions filed
Jan 2016
1 of 1 wells

1 well

42-5073325116,775 ftJan 2016

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 (125)

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

125 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 20240071.372.28$0
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 2024108076.091.78$8,218
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20231077.892.81$78
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202315074.852.64$1,123
Jun 2023190068.962.26$13,102
May 20236070.622.23$424
Apr 2023100078.122.24$7,812
Mar 20231905672.852.39$13,976
Feb 202310075.112.47$751
Jan 20237076.533.39$536
Dec 20220076.415.73$0
Nov 2022174085.005.65$14,790
Oct 2022168087.185.86$14,646
Sep 20221084.888.16$85
Aug 2022092194.529.13$8,406
Jul 202201,560101.587.54$11,766
Jun 20223702,382115.097.98$61,585
May 20220292109.378.43$2,462
Apr 2022183739104.226.84$24,125
Mar 20221695,591108.885.08$46,783
Feb 20221842,71691.054.86$29,950
Jan 20223776,23581.844.54$59,146
Dec 20211863,17971.323.90$25,661
Nov 20211892,76277.435.24$29,098
Oct 202103,02079.795.71$17,256
Sep 20211895,31669.865.35$41,649
Aug 20211884,49066.024.22$31,362
Jul 20211854,04770.783.98$29,210
Jun 202145,23769.493.38$17,982
May 20213615,36863.483.02$39,115
Apr 202185,42860.362.76$15,456
Mar 20213036,93861.302.72$37,424
Feb 20211854,38257.805.55$35,004
Jan 202175,51550.412.81$15,852
Dec 20203655,68944.642.68$31,514
Nov 20201926,23838.772.71$24,327
Oct 20201876,35436.972.48$22,661
Sep 20203546,28337.091.99$25,640
Aug 20201737,62939.982.39$25,112
Jul 202007,67038.371.83$13,999
Jun 20201787,88834.901.69$19,545
May 20201888,30116.921.81$18,245
Apr 20203857,38114.751.80$18,997
Mar 20201888,01430.341.86$20,580
Feb 20201947,24349.881.98$24,023
Jan 20202038,85357.252.09$30,166
Dec 20193887,69359.012.30$40,623
Nov 20192147,54855.302.75$32,596
Oct 20192177,60653.472.42$29,998
Sep 201921310,11355.052.66$38,599
Aug 201938711,05853.112.30$46,035
Jul 201919311,98256.272.46$40,337
Jun 20193829,56252.782.49$43,983
May 20193718,59558.482.74$45,249
Apr 20197219,90262.632.75$72,394
Mar 20193479,66156.803.06$49,293
Feb 20194665,28950.852.79$38,464
Jan 20193659,43146.033.23$47,246
Dec 20183688,63646.594.19$53,291
Nov 20183794,45252.934.24$38,925
Oct 2018560061.443.40$34,406
Sep 2018372059.543.11$22,149
Aug 2018220059.403.07$13,068
Jul 2018715065.142.93$46,575
Jun 2018537060.183.08$32,317
May 2018517065.382.90$33,801
Apr 2018527063.842.90$33,644
Mar 2018560061.222.79$34,283
Feb 2018490061.782.77$30,272
Jan 2018906062.874.01$56,960
Dec 20171,089057.272.92$62,367
Nov 20171,083055.423.12$60,020
Oct 20171,78728349.292.98$88,926
Sep 20171,61647947.523.09$78,271
Aug 20171,26132345.373.00$58,182
Jul 20171,271043.873.09$55,759
Jun 2017907042.493.09$38,538
May 2017375045.373.26$17,014
Apr 2017552047.933.21$26,457
Mar 20171,075046.772.98$50,278
Feb 20173814550.452.95$19,354
Jan 2017190049.413.42$9,388
Dec 2016366048.763.72$17,846
Nov 20163663642.492.64$15,647
Oct 2016361446.193.09$16,687
Sep 2016363041.553.10$15,083
Aug 20163562741.442.92$14,832
Jul 201635818141.622.92$15,429
Jun 20161821,38745.352.69$11,979
May 201636482842.521.99$17,126
Apr 20163515736.561.99$12,946
Mar 201637121533.011.79$12,632
Feb 2016012126.472.06$250
Jan 201634948927.352.36$10,701

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.

Feb 2024 — as filed, then multipliedworked
Oil                  108 bbl  × $ 76.09 =     $8,218
Casinghead gas         0 Mcf  × $  1.78 =         $0

────────────────────────────────────────────────────
Month total                                   $8,218

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/18755 is the state's own key, not one this site invented.