FLOY GRAY

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 18850District 01Field 79905003Hydrogen sulphide fieldOilSaveExport
Value, all time
$18.0 M
Jun 2016 – May 2026
Value, last 12 filed months
$794 k
at the published price for each month
Months reported
120
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
OilDisposition304,176 bbl$18,020,854
Total$18,020,854

Wells on this lease (2)

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 29.7553, -97.6019. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.75528, -97.60191 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
2,706 ft
2 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.
2100.0%

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 2,701 and 2,710 ft, median 2,706 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2016 – Apr 2017
2 of 2 wells

2 wells

42-055351131H2,701 ftApr 2017
42-055351112H2,710 ftJun 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 (120)

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

120 months

May 20261,087106.413.05$115,668
Apr 202673798.932.87$72,911
Mar 202690989.753.15$81,583
Feb 202681663.503.75$51,816
Jan 202664459.138.00$38,080
Dec 20251,04056.664.41$58,926
Nov 202589958.593.93$52,672
Oct 202587559.383.30$51,958
Sep 202599162.743.08$62,175
Aug 20251,01463.933.01$64,825
Jul 20251,09966.743.32$73,347
Jun 20251,04866.483.13$69,671
May 20251,01360.553.23$61,337
Apr 20251,06662.363.54$66,476
Mar 20251,11667.704.27$75,553
Feb 202596070.884.34$68,045
Jan 20251,18074.324.28$87,698
Dec 20241,12468.993.12$77,545
Nov 20241,10869.052.20$76,507
Oct 20241,22171.372.28$87,143
Sep 202499469.612.36$69,192
Aug 20241,27075.632.06$96,050
Jul 20241,22179.932.15$97,595
Jun 20241,13378.082.63$88,465
May 20241,14878.812.20$90,474
Apr 20241,29084.451.66$108,941
Mar 20241,17280.301.55$94,112
Feb 20241,31476.091.78$99,982
Jan 20241,32073.023.30$96,386
Dec 20231,32171.262.61$94,134
Nov 20231,29977.892.81$101,179
Oct 20231,14385.443.09$97,658
Sep 20231,48989.042.74$132,581
Aug 20231,29680.522.67$104,354
Jul 20231,60774.852.64$120,284
Jun 20231,52268.962.26$104,957
May 20231,52070.622.23$107,342
Apr 20231,53278.122.24$119,680
Mar 20231,63872.852.39$119,328
Feb 20231,40675.112.47$105,605
Jan 20231,95276.533.39$149,387
Dec 20221,15376.415.73$88,101
Nov 20221,52385.005.65$129,455
Oct 20222,01287.185.86$175,406
Sep 20221,60384.888.16$136,063
Aug 20221,68094.529.13$158,794
Jul 20221,848101.587.54$187,720
Jun 20221,840115.097.98$211,766
May 20221,855109.378.43$202,881
Apr 20221,859104.226.84$193,745
Mar 20221,842108.885.08$200,557
Feb 20221,86391.054.86$169,626
Jan 20222,20881.844.54$180,703
Dec 20212,21771.323.90$158,116
Nov 20211,87677.435.24$145,259
Oct 20212,03779.795.71$162,532
Sep 20212,19669.865.35$153,413
Aug 20212,17666.024.22$143,660
Jul 20212,35670.783.98$166,758
Jun 20212,03569.493.38$141,412
May 20212,50363.483.02$158,890
Apr 20212,34660.362.76$141,605
Mar 20212,51961.302.72$154,415
Feb 20211,69457.805.55$97,913
Jan 20212,81650.412.81$141,955
Dec 20202,35844.642.68$105,261
Nov 20202,65138.772.71$102,779
Oct 20202,84736.972.48$105,254
Sep 20202,50737.091.99$92,985
Aug 20202,84839.982.39$113,863
Jul 20203,19438.371.83$122,554
Jun 20202,83434.901.69$98,907
May 20202,67116.921.81$45,193
Apr 20202,68214.751.80$39,560
Mar 20202,65830.341.86$80,644
Feb 20202,83449.881.98$141,360
Jan 20203,05557.252.09$174,899
Dec 20193,36059.012.30$198,274
Nov 20193,18055.302.75$175,854
Oct 20193,01353.472.42$161,105
Sep 20193,49955.052.66$192,620
Aug 20193,74153.112.30$198,685
Jul 20193,97256.272.46$223,504
Jun 20194,07352.782.49$214,973
May 20193,17958.482.74$185,908
Apr 20192,99962.632.75$187,827
Mar 20193,78156.803.06$214,761
Feb 20194,11450.852.79$209,197
Jan 20194,17246.033.23$192,037
Dec 20184,64346.594.19$216,317
Nov 20184,59052.934.24$242,949
Oct 20184,93661.443.40$303,268
Sep 20185,19259.543.11$309,132
Aug 20185,22359.403.07$310,246
Jul 20185,51365.142.93$359,117
Jun 20185,50360.183.08$331,171
May 20185,85065.382.90$382,473
Apr 20186,15663.842.90$392,999
Mar 20185,82161.222.79$356,362
Feb 20184,22261.782.77$260,835
Jan 20184,58162.874.01$288,007
Dec 20174,42157.272.92$253,191
Nov 20176,11555.423.12$338,893
Oct 20175,90249.292.98$290,910
Sep 20176,18447.523.09$293,864
Aug 20175,32945.373.00$241,777
Jul 20176,04743.873.09$265,282
Jun 20175,65842.493.09$240,408
May 20175,54845.373.26$251,713
Apr 20175,17147.933.21$247,846
Mar 20173,08046.772.98$144,052
Feb 20172,95250.452.95$148,928
Jan 20172,92449.413.42$144,475
Dec 20162,40948.763.72$117,463
Nov 20161,56042.492.64$66,284
Oct 20162,05146.193.09$94,736
Sep 20161,54841.553.10$64,319
Aug 201686341.442.92$35,763
Jul 20161,19741.622.92$49,819
Jun 201617445.352.69$7,891

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                1,087 bbl  × $106.41 =   $115,668

────────────────────────────────────────────────────
Month total                                 $115,668

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/18850 is the state's own key, not one this site invented.