BEELER

Operated by SAGE ENERGY COMPANY (P-5 743215) in the PEARSALL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19681District 01Field 69981125OilCasinghead gasSaveExport
Value, all time
$6.3 M
Jan 2019 – May 2026
Value, last 12 filed months
$405 k
at the published price for each month
Months reported
89
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 1,992 leases and 3,388 wells, and the rule below applies to all of them.

Discovered
1936-12-28
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 80 acres. The field rule took effect on 2025-06-17.

The Commission's schedule remark for this field reads: LEASE PLAT. PRORATION PLAT IS NOT REQUIRED.

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
OilDisposition104,087 bbl$6,254,989
Casinghead gasProduction30,725 Mcf$72,880
Total$6,327,869

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 29.3633, -98.3792. A lease has no coordinate of its own — that point is the mean of its wells, and they span 155.8 miles, so treat it as the lease's centre and not as its location.

29.36325, -98.37919 · 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
5,926 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 5,462 and 6,389 ft, median 5,926 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1987 – Jan 2019
2 of 2 wells

2 wells

42-127379131H6,389 ftJan 2019
42-0213097115,462 ftApr 1987

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 (89)

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

89 months

May 202635630106.413.05$37,973
Apr 20265542398.932.87$54,873
Mar 20263772589.753.15$33,914
Feb 20265662163.503.75$36,020
Jan 20265661459.138.00$33,580
Dec 20253782056.664.41$21,506
Nov 20251902358.593.93$11,222
Oct 20251,1243159.383.30$66,846
Sep 20253741562.743.08$23,511
Aug 20253751263.933.01$24,010
Jul 20253731666.743.32$24,947
Jun 20255492966.483.13$36,588
May 20253752260.553.23$22,777
Apr 20255632362.363.54$35,190
Mar 20255283167.704.27$35,878
Feb 20253772870.884.34$26,843
Jan 20255701874.324.28$42,439
Dec 20245572768.993.12$38,512
Nov 20243773069.052.20$26,098
Oct 20245633171.372.28$40,252
Sep 20243762869.612.36$26,240
Aug 20245523175.632.06$41,812
Jul 20245633079.932.15$45,065
Jun 20247432878.082.63$58,087
May 20241871678.812.20$14,773
Apr 20245443084.451.66$45,991
Mar 20245643180.301.55$45,337
Feb 20245582676.091.78$42,505
Jan 20247462973.023.30$54,569
Dec 20235723171.262.61$40,842
Nov 20235602977.892.81$43,700
Oct 20233773185.443.09$32,307
Sep 20235573089.042.74$49,677
Aug 20235433180.522.67$43,805
Jul 20237383174.852.64$55,321
Jun 20235573068.962.26$38,478
May 20235463170.622.23$38,628
Apr 20237272978.122.24$56,858
Mar 20231901772.852.39$13,882
Feb 20237382975.112.47$55,503
Jan 20237473176.533.39$57,273
Dec 20223752676.415.73$28,803
Nov 20227082985.005.65$60,344
Oct 20225613187.185.86$49,090
Sep 20225573084.888.16$47,523
Aug 20227473094.529.13$70,880
Jul 202255731101.587.54$56,814
Jun 202253030115.097.98$61,237
May 202273520109.378.43$80,556
Apr 202270625104.226.84$73,750
Mar 202252622108.885.08$57,383
Feb 20221,0772791.054.86$98,192
Jan 20225353181.844.54$43,925
Dec 20219323171.323.90$66,591
Nov 20213752477.435.24$29,162
Oct 20216703079.795.71$53,631
Sep 20217243069.865.35$50,739
Aug 20218343166.024.22$55,192
Jul 20218823170.783.98$62,551
Jun 20216793069.493.38$47,285
May 20211,1033063.483.02$70,109
Apr 20213731660.362.76$22,558
Mar 20217173161.302.72$44,036
Feb 20211621257.805.55$9,430
Jan 20211,1133150.412.81$56,193
Dec 20209092844.642.68$40,653
Nov 20201,65436338.772.71$65,108
Oct 20201,4783136.972.48$54,718
Sep 20203663037.091.99$13,635
Aug 202032714539.982.39$13,419
Jul 20201,4641,20138.371.83$58,366
Jun 20201,7851,00734.901.69$63,999
May 202001,08316.921.81$1,965
Apr 20207351,22114.751.80$13,044
Mar 20201,6262,57530.341.86$54,113
Feb 20202,7851,32149.881.98$141,532
Jan 20202,2613157.252.09$129,507
Dec 20191,2703159.012.30$75,014
Nov 20191,6549655.302.75$91,730
Oct 20193,4911,20053.472.42$189,566
Sep 20199921755.052.66$54,655
Aug 20191,4004,90853.112.30$85,664
Jul 20194,0975,83056.272.46$244,880
Jun 20194,6925,52152.782.49$261,398
May 20195,2141,51658.482.74$309,069
Apr 20195,06672962.632.75$319,289
Mar 20196,5996956.803.06$375,034
Feb 20197,1762350.852.79$364,964
Jan 20199,4912246.033.23$436,942

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                  356 bbl  × $106.41 =    $37,882
Casinghead gas        30 Mcf  × $  3.05 =        $91

────────────────────────────────────────────────────
Month total                                  $37,973

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/19681 is the state's own key, not one this site invented.