PANCHO WEST UNIT

Operated by TEXAS AMERICAN RESOURCES COMPANY (P-5 844344) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18968District 01Field 27135700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$32.6 M
Nov 2016 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
115
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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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
OilDisposition557,699 bbl$31,173,000
Casinghead gasProduction426,745 Mcf$1,399,816
Total$32,572,816

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 28.6895, -98.6333. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

28.69058, -98.63323 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,011 ft
3 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.
3100.0%

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 8,929 and 9,024 ft, median 9,011 ft, over the 3 wells that filed a depth.

Completions filed
Nov 2016
3 of 3 wells

3 wells

42-01335352A 1H9,011 ftNov 2016
42-01335354A 3H9,024 ftNov 2016
42-01335356A 5H8,929 ftNov 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 (115)

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

115 months

May 20261,4711,512106.413.05$161,134
Apr 20269531,06898.932.87$97,345
Mar 20261,1001,46089.753.15$103,323
Feb 20261,1331,30463.503.75$76,836
Jan 20261,4301,57359.138.00$97,137
Dec 20251,3421,59656.664.41$83,081
Nov 20251,1201,82458.593.93$72,783
Oct 20251,4451,93759.383.30$92,206
Sep 20251,4511,90662.743.08$96,900
Aug 20251,6171,11163.933.01$106,724
Jul 202595584366.743.32$66,531
Jun 20251,11593766.483.13$77,057
May 20251,4351,49160.553.23$91,709
Apr 20251,6091,56662.363.54$105,886
Mar 20251,2961,22867.704.27$92,981
Feb 20259961,03770.884.34$75,098
Jan 20251,6001,48874.324.28$125,279
Dec 20241,2801,68568.993.12$93,567
Nov 20241,4661,35169.052.20$104,197
Oct 20241,3061,39771.372.28$96,396
Sep 20241,4011,56669.612.36$101,226
Aug 20241,7661,31575.632.06$136,276
Jul 20241,0951,53779.932.15$90,823
Jun 20241,4271,72478.082.63$115,961
May 20241,6022,40078.812.20$131,530
Apr 20241,7743,37884.451.66$155,419
Mar 20241,4412,71280.301.55$119,903
Feb 20242,0601,07376.091.78$158,659
Jan 20241,2501,15473.023.30$95,081
Dec 20231,6162,29671.262.61$121,150
Nov 20231,2841,59377.892.81$104,483
Oct 20231,8011,93785.443.09$159,858
Sep 20231,6152,32989.042.74$150,170
Aug 20232,0192,41680.522.67$169,028
Jul 20231,4952,68674.852.64$118,997
Jun 20231,8012,78568.962.26$130,487
May 20232,2113,12570.622.23$163,101
Apr 20231,6712,15178.122.24$135,352
Mar 20231,8262,62972.852.39$139,316
Feb 20231,8202,08375.112.47$141,836
Jan 20231,6662,03476.533.39$134,390
Dec 20221,8371,90076.415.73$151,250
Nov 20221,4962,04785.005.65$138,718
Oct 20222,0172,62487.185.86$191,229
Sep 20221,8162,14484.888.16$171,645
Aug 20222,3313,59594.529.13$253,138
Jul 20221,9923,363101.587.54$227,711
Jun 20222,6783,771115.097.98$338,293
May 20223,2682,759109.378.43$380,688
Apr 20222,1323,562104.226.84$246,553
Mar 20221,6972,678108.885.08$198,364
Feb 20221,1842,02991.054.86$117,662
Jan 20222,3392,06581.844.54$200,794
Dec 20211,9752,05671.323.90$148,874
Nov 20211,0142,01077.435.24$89,040
Oct 20212,1553,06679.795.71$189,466
Sep 20212,3133,26569.865.35$179,057
Aug 20211,3203,12666.024.22$100,340
Jul 20212,3172,97870.783.98$175,856
Jun 20211,9823,03369.493.38$147,983
May 20212,2774,28063.483.02$157,460
Apr 20212,3184,33060.362.76$151,858
Mar 20211,8364,32561.302.72$124,298
Feb 20211,8383,03557.805.55$123,074
Jan 20212,6805,06750.412.81$149,338
Dec 20202,5616,09844.642.68$130,638
Nov 20202,8317,62138.772.71$130,385
Oct 20203,4916,43736.972.48$145,016
Sep 20204,0372,75237.091.99$155,212
Aug 20204,2324,41539.982.39$179,726
Jul 20203,5922,85838.371.83$143,041
Jun 20209532,27634.901.69$37,107
May 20201,8142,24216.921.81$34,762
Apr 20202,6861,83114.751.80$42,922
Mar 20202,3923,30830.341.86$78,714
Feb 20203,1596,67649.881.98$170,794
Jan 20203,6886,31757.252.09$224,370
Dec 20193,8709,09059.012.30$249,315
Nov 20193,6697,07655.302.75$222,360
Oct 20194,4115,93753.472.42$250,215
Sep 20193,8666,54955.052.66$230,226
Aug 20194,2456,27053.112.30$239,900
Jul 20194,7186,97656.272.46$282,643
Jun 20195,7486,62952.782.49$319,894
May 20194,5774,91258.482.74$281,123
Apr 20195,3893,75462.632.75$347,839
Mar 20195,1116,04956.803.06$308,827
Feb 20196,4898,62550.852.79$354,049
Jan 20196,9396,18046.033.23$339,352
Dec 20184,9065,94546.594.19$253,453
Nov 20187,5798,06552.934.24$435,330
Oct 20187,2265,89961.443.40$464,011
Sep 20187,6135,03659.543.11$468,930
Aug 20187,7444,60659.403.07$474,118
Jul 20188,6216,23365.142.93$579,846
Jun 20187,4073,77160.183.08$457,356
May 20188,0913,94665.382.90$540,436
Apr 20189,2423,98163.842.90$601,557
Mar 20189,8213,86661.222.79$612,016
Feb 20188,9573,61561.782.77$563,363
Jan 201810,4574,07962.874.01$673,786
Dec 20177,9793,38157.272.92$466,835
Nov 201711,6473,85655.423.12$657,501
Oct 201712,3124,26049.292.98$619,569
Sep 201710,5414,48747.523.09$514,761
Aug 20178,0573,16745.373.00$375,061
Jul 20177,7352,79143.873.09$347,951
Jun 201714,5635,42642.493.09$635,533
May 201716,8366,56745.373.26$785,280
Apr 201718,6497,79647.933.21$918,884
Mar 201722,4959,64946.772.98$1,080,881
Feb 201725,0109,59550.452.95$1,290,085
Jan 201728,9728,25449.413.42$1,459,725
Dec 201641,68212,49148.763.72$2,078,916
Nov 201629,5168,76042.492.64$1,277,299

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                1,471 bbl  × $106.41 =   $156,529
Casinghead gas     1,512 Mcf  × $  3.05 =     $4,605

────────────────────────────────────────────────────
Month total                                 $161,134

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/18968 is the state's own key, not one this site invented.