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PALM

Operated by CML EXPLORATION, LLC (P-5 120648) in the PENA CREEK (GEORGETOWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19434District 01Field 70411210Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$12.7 M
Aug 2018 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
94
no gaps in the span
Streams
2
oil, casinghead gas

The PENA CREEK (GEORGETOWN) 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 83 leases and 91 wells, and the rule below applies to all of them.

Discovered
2003-10-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2023-12-13.

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: “FIELD RULES MADE PERMANENT EFFECTIVE 06/16/2020 PURSUANT TO”

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
OilDisposition179,128 bbl$9,821,462
Casinghead gasProduction1,007,929 Mcf$2,916,784
Total$12,738,246

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 28.6703, -99.7589. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.67030, -99.75893 · 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
6,893 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 6,893 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-5073333116,893 ftAug 2018——

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 (94)

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

94 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 202441080.301.55$3,292
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 202315474180.522.67$14,381
Jul 20231698574.852.64$3,800
Jun 20231711,28068.962.26$14,683
May 20231923,17870.622.23$20,638
Apr 20231893,57678.122.24$22,767
Mar 2023112,92872.852.39$7,809
Feb 20231981,06475.112.47$17,495
Jan 20232241,82876.533.39$23,335
Dec 20222142,84476.415.73$32,645
Nov 20220085.005.65$0
Oct 202218682087.185.86$21,024
Sep 20221861,24384.888.16$25,935
Aug 202211,38994.529.13$12,772
Jul 20221882,184101.587.54$35,569
Jun 20221481,924115.097.98$32,381
May 20221861,539109.378.43$33,321
Apr 20221852,344104.226.84$35,308
Mar 20221862,334108.885.08$32,100
Feb 202201,37891.054.86$6,695
Jan 20221853,30781.844.54$30,147
Dec 20211861,27171.323.90$18,221
Nov 202115158677.435.24$14,761
Oct 20211815,58879.795.71$46,371
Sep 20211956,71769.865.35$49,565
Aug 20213705,72366.024.22$48,582
Jul 20211928,21970.783.98$46,318
Jun 20213505,36169.493.38$42,445
May 20211913,28063.483.02$22,023
Apr 20211794,57160.362.76$23,413
Mar 20213303,47161.302.72$29,660
Feb 20213572,44157.805.55$34,177
Jan 20213773,63150.412.81$29,209
Dec 20208928,07444.642.68$61,421
Nov 20207217,75038.772.71$48,929
Oct 20201,0869,40636.972.48$63,462
Sep 20201893,80837.091.99$14,592
Aug 202073120,39339.982.39$77,865
Jul 202053520,53038.371.83$57,998
Jun 202065523,49334.901.69$62,570
May 202018412,07816.921.81$25,032
Apr 20201,60324,94814.751.80$68,660
Mar 20201,42027,08330.341.86$93,355
Feb 20201,82016,97649.881.98$124,405
Jan 20204,79127,31357.252.09$331,498
Dec 20195,54727,72859.012.30$391,224
Nov 20197,10034,31055.302.75$487,007
Oct 201912,38535,00653.472.42$746,889
Sep 201910,05239,31955.052.66$657,844
Aug 201910,80946,55653.112.30$681,348
Jul 201914,87349,27356.272.46$958,118
Jun 201914,60046,45852.782.49$886,324
May 201916,02650,74658.482.74$1,076,261
Apr 201917,15550,49562.632.75$1,213,314
Mar 201913,69644,72656.803.06$914,888
Feb 201911,49237,71850.852.79$689,685
Jan 20195,76434,24846.033.23$375,876
Dec 20187,00830,60846.594.19$454,611
Nov 20188,20452,09352.934.24$654,968
Oct 20182,07178,70661.443.40$394,692
Sep 20181,79958,26159.543.11$288,188
Aug 201802,08159.403.07$6,382

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.

Mar 2024 — as filed, then multipliedworked
Oil                   41 bbl  × $ 80.30 =     $3,292
Casinghead gas         0 Mcf  × $  1.55 =         $0

────────────────────────────────────────────────────
Month total                                   $3,292

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/19434 is the state's own key, not one this site invented.