PICKENS-WEAVER

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 19481District 01Field 70411210Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.7 M
Sep 2018 – May 2026
Value, last 12 filed months
$123 k
at the published price for each month
Months reported
93
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 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
OilDisposition138,802 bbl$7,818,177
Casinghead gasProduction298,844 Mcf$847,996
Total$8,666,173

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 28.6379, -99.6973. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.63794, -99.69731 · 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
7,269 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 7,269 ft.

Completions filed
Sep 2018
1 of 1 wells

1 well

42-5073333317,269 ftSep 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 (93)

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

93 months

May 20261860106.413.05$19,792
Apr 202644998.932.87$536
Mar 202618349889.753.15$17,993
Feb 20261246963.503.75$2,521
Jan 202619445559.138.00$15,110
Dec 2025858456.664.41$3,031
Nov 202519064058.593.93$13,645
Oct 2025573059.383.30$2,709
Sep 202518774962.743.08$14,037
Aug 2025584363.933.01$2,861
Jul 202518789966.743.32$15,461
Jun 202518979266.483.13$15,043
May 20254872660.553.23$5,253
Apr 202518074062.363.54$13,847
Mar 20252148467.704.27$3,488
Feb 2025187070.884.34$13,255
Jan 2025199074.324.28$14,790
Dec 2024189068.993.12$13,039
Nov 2024162069.052.20$11,186
Oct 2024178071.372.28$12,704
Sep 2024181069.612.36$12,599
Aug 2024383075.632.06$28,966
Jul 202437729379.932.15$30,763
Jun 202438050978.082.63$31,011
May 202437428878.812.20$30,108
Apr 202434614984.451.66$29,467
Mar 20245689680.301.55$45,759
Feb 202419021076.091.78$14,832
Jan 202437532273.023.30$28,444
Dec 202339316971.262.61$28,446
Nov 2023548877.892.81$1,760
Oct 202318641685.443.09$17,176
Sep 202319142289.042.74$18,161
Aug 202335372080.522.67$30,348
Jul 20231819174.852.64$13,788
Jun 2023373068.962.26$25,722
May 20231871570.622.23$13,239
Apr 202318568178.122.24$15,976
Mar 202337523172.852.39$27,872
Feb 2023333075.112.47$25,012
Jan 202336620376.533.39$28,698
Dec 20221919576.415.73$15,139
Nov 20225653785.005.65$48,234
Oct 2022370087.185.86$32,257
Sep 202237014184.888.16$32,557
Aug 20225443894.529.13$51,766
Jul 202236461101.587.54$37,435
Jun 20223720115.097.98$42,813
May 20225530109.378.43$60,482
Apr 20223660104.226.84$38,145
Mar 20225520108.885.08$60,102
Feb 2022369091.054.86$33,597
Jan 2022546081.844.54$44,685
Dec 2021558071.323.90$39,797
Nov 2021547077.435.24$42,354
Oct 2021702079.795.71$56,013
Sep 20217353069.865.35$51,508
Aug 202173220366.024.22$49,183
Jul 202155133070.783.98$40,314
Jun 20218561,24469.493.38$63,689
May 20216711,82463.483.02$48,099
Apr 20219181,62760.362.76$59,898
Mar 20217101,32361.302.72$47,118
Feb 20215671,04957.805.55$38,592
Jan 20217451,78750.412.81$42,577
Dec 20201,11367344.642.68$51,485
Nov 20201,3151,62838.772.71$55,389
Oct 20201,2271,35136.972.48$48,711
Sep 20201,29991037.091.99$49,992
Aug 20201,8421,99139.982.39$78,392
Jul 20207272,69338.371.83$32,810
Jun 20201,4362,06334.901.69$53,604
May 20201,08098416.921.81$20,059
Apr 20201,2791,36814.751.80$21,334
Mar 20201,6532,19930.341.86$54,234
Feb 20202,15378249.881.98$108,941
Jan 20201,5012,15457.252.09$90,444
Dec 20192,78016,76759.012.30$202,685
Nov 20192,47915,47255.302.75$179,648
Oct 20192,54221,38153.472.42$187,632
Sep 20193,43825,74855.052.66$257,682
Aug 20192,92517,56053.112.30$195,811
Jul 20194,16720,47056.272.46$284,835
Jun 20193,92716,08952.782.49$247,348
May 20193,86520,23458.482.74$281,473
Apr 20196,04225,28362.632.75$447,956
Mar 20195,50021,36256.803.06$377,813
Feb 20196,5984,49650.852.79$348,062
Jan 20198,1632,62246.033.23$384,207
Dec 201810,53310,56446.594.19$534,947
Nov 201814,49814,99352.934.24$830,908
Oct 201820,99521,12861.443.40$1,361,727
Sep 20181,4552,12959.543.11$93,248

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                  186 bbl  × $106.41 =    $19,792
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,792

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/19481 is the state's own key, not one this site invented.