LACKEY FIVE

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

Oil lease lease 19988District 01Field 69981375Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$8.5 M
Nov 2019 – May 2026
Value, last 12 filed months
$246 k
at the published price for each month
Months reported
79
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 118 leases and 147 wells, and the rule below applies to all of them.

Discovered
1967-08-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2012-11-06.

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: AND VERTICAL WELLS. SEE DOCKET FOR SPECIAL HORIZONTAL RULES.

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
OilDisposition136,493 bbl$7,964,068
Casinghead gasProduction110,134 Mcf$549,546
Total$8,513,614

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 29.4119, -98.3872. A lease has no coordinate of its own — that point is the mean of its wells, and they span 155.4 miles, so treat it as the lease's centre and not as its location.

29.41188, -98.38725 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
5,982 ft
2 wells filed one
Completion to plug
6.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 5,363 and 6,601 ft, median 5,982 ft, over the 2 wells that filed a depth.

Completions filed
Jan 1988 – Nov 2019
2 of 2 wells
Plug dates filed
Jun 1994
1 of 2 wells; 1 filed none

Last completion to plug: a median of 6.4 years across the 1 well that filed both dates, with the middle half between 6.4 years and 6.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-5073337016,601 ftNov 2019
42-0213112415,363 ftJan 1988Jun 1994Yes

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 (79)

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

79 months

May 2026350637106.413.05$39,184
Apr 202618356598.932.87$19,726
Mar 202618057589.753.15$17,966
Feb 202634238863.503.75$23,172
Jan 202618146759.138.00$14,438
Dec 202536195556.664.41$24,669
Nov 202517473658.593.93$13,085
Oct 202533581659.383.30$22,589
Sep 202516369862.743.08$12,374
Aug 202532750863.933.01$22,437
Jul 2025371766.743.32$24,784
Jun 2025177066.483.13$11,767
May 2025339060.553.23$20,526
Apr 2025171062.363.54$10,664
Mar 2025481367.704.27$32,577
Feb 2025171070.884.34$12,120
Jan 2025498074.324.28$37,011
Dec 20243551868.993.12$24,548
Nov 20245392769.052.20$37,277
Oct 2024731071.372.28$52,171
Sep 2024356069.612.36$24,781
Aug 2024364075.632.06$27,529
Jul 202454783679.932.15$45,516
Jun 20241751,18978.082.63$16,796
May 20245108678.812.20$40,382
Apr 202435382084.451.66$31,171
Mar 20243551,05080.301.55$30,129
Feb 20245181,06776.091.78$41,318
Jan 202432479773.023.30$26,287
Dec 202336093071.262.61$28,082
Nov 20233601,27577.892.81$31,620
Oct 20235361,32085.443.09$49,871
Sep 20233621,53889.042.74$36,439
Aug 20235391,57480.522.67$47,607
Jul 20231841,55774.852.64$17,886
Jun 20235311,17368.962.26$39,267
May 20234821,19970.622.23$36,709
Apr 20234902,13578.122.24$43,056
Mar 20237121,35372.852.39$55,107
Feb 202352972275.112.47$41,513
Jan 202353068176.533.39$42,868
Dec 20225431,29876.415.73$48,927
Nov 20227031,79985.005.65$69,913
Oct 20226901,39287.185.86$68,317
Sep 20227181,94284.888.16$76,798
Aug 20221,0452,66094.529.13$123,052
Jul 20221,5473,572101.587.54$184,085
Jun 20221,5723,039115.097.98$205,164
May 20221,4155,162109.378.43$198,290
Apr 20221,3924,634104.226.84$176,760
Mar 20222,3108,441108.885.08$294,363
Feb 20221,7496,42691.054.86$190,469
Jan 20222,1266,26881.844.54$202,434
Dec 20212,0788,14471.323.90$179,957
Nov 20211,9549,44977.435.24$200,781
Oct 20212,2988,42079.795.71$231,468
Sep 20212,9706,40169.865.35$241,735
Aug 20213,2673,38566.024.22$229,974
Jul 20214,249070.783.98$300,744
Jun 20214,061069.493.38$282,199
May 20212,772063.483.02$175,967
Apr 20214,812060.362.76$290,452
Mar 20216,282061.302.72$385,087
Feb 20212,326057.805.55$134,443
Jan 20214,413050.412.81$222,459
Dec 20205,207044.642.68$232,440
Nov 20204,477038.772.71$173,573
Oct 20205,739036.972.48$212,171
Sep 20204,866037.091.99$180,480
Aug 20205,165039.982.39$206,497
Jul 20203,890038.371.83$149,259
Jun 20205,176034.901.69$180,642
May 20202,298016.921.81$38,882
Apr 20204,104014.751.80$60,534
Mar 20204,810030.341.86$145,935
Feb 20205,678049.881.98$283,219
Jan 20206,229057.252.09$356,610
Dec 20195,345059.012.30$315,408
Nov 2019671055.302.75$37,106

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                  350 bbl  × $106.41 =    $37,244
Casinghead gas       637 Mcf  × $  3.05 =     $1,940

────────────────────────────────────────────────────
Month total                                  $39,184

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/19988 is the state's own key, not one this site invented.