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KAY

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 20193District 01Field 69981375Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$12.5 M
Jan 2019 – May 2026
Value, last 12 filed months
$187 k
at the published price for each month
Months reported
89
no gaps in the span
Streams
2
oil, casinghead gas

The PEARSALL (BUDA, S.) 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 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
OilDisposition196,516 bbl$11,382,755
Casinghead gasProduction279,366 Mcf$1,160,567
Total$12,543,322

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 28.7044, -99.7076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.70442, -99.70759 · 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
6,573 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 6,573 ft.

Completions filed
Jan 2019
1 of 1 wells

1 well

42-5073333716,573 ftJan 2019——

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 20263760106.413.05$40,010
Apr 20262098.932.87$198
Mar 202648317889.753.15$43,910
Feb 2026054563.503.75$2,044
Jan 202618869359.138.00$16,659
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025343062.743.08$21,520
Aug 2025542,75463.933.01$11,755
Jul 20251711,50166.743.32$16,389
Jun 20253703,15166.483.13$34,456
May 20255641,64160.553.23$39,454
Apr 202583062.363.54$5,176
Mar 202555320767.704.27$38,322
Feb 202585012870.884.34$60,804
Jan 202501,56974.324.28$6,713
Dec 20241601,27368.993.12$15,012
Nov 202402,71169.052.20$5,960
Oct 202402,91471.372.28$6,648
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202401,41079.932.15$3,027
Jun 20243003,63678.082.63$33,001
May 20245474,92678.812.20$53,939
Apr 202402,91984.451.66$4,843
Mar 202403,51880.301.55$5,436
Feb 20241602,94576.091.78$17,427
Jan 20245545,80273.023.30$59,586
Dec 20231893,19671.262.61$21,812
Nov 20233414,53977.892.81$39,304
Oct 20234673,51785.443.09$50,758
Sep 20233676,80789.042.74$51,295
Aug 20233453,87480.522.67$38,134
Jul 20238805,67574.852.64$80,860
Jun 20233644,61268.962.26$35,518
May 20231846,16170.622.23$26,717
Apr 20233292,47778.122.24$31,244
Mar 20239057,56872.852.39$84,041
Feb 20233546,14375.112.47$41,736
Jan 20239138,18676.533.39$97,604
Dec 20228988,97976.415.73$120,058
Nov 202254411,22285.005.65$109,602
Oct 20227338,20687.185.86$112,021
Sep 202292011,61084.888.16$172,870
Aug 20228895,70794.529.13$136,117
Jul 20221,2163,731101.587.54$151,661
Jun 20223141,920115.097.98$51,454
May 20221,4182,460109.378.43$175,832
Apr 20221,4255,068104.226.84$183,166
Mar 20223606,161108.885.08$70,473
Feb 20228994,35691.054.86$103,019
Jan 20221,0525,28681.844.54$110,082
Dec 20211,2276,33371.323.90$112,203
Nov 20211,9378,90977.435.24$196,637
Oct 20213,9828,89579.795.71$368,549
Sep 20214,8508,41569.865.35$383,849
Aug 20215,09917,89066.024.22$412,142
Jul 20219,18914,86670.783.98$709,595
Jun 20214,6015,16269.493.38$337,174
May 20214,9381,08763.483.02$316,744
Apr 20212,69523160.362.76$163,307
Mar 20212,917061.302.72$178,812
Feb 20212,144057.805.55$123,923
Jan 20212,711050.412.81$136,662
Dec 20202,693044.642.68$120,216
Nov 20202,894038.772.71$112,200
Oct 20203,180036.972.48$117,565
Sep 20203,031037.091.99$112,420
Aug 20202,159039.982.39$86,317
Jul 20201,77748238.371.83$69,063
Jun 20202,96922734.901.69$104,002
May 20201,97627216.921.81$33,928
Apr 20204,10319614.751.80$60,873
Mar 20205,53641430.341.86$168,731
Feb 20204,02180949.881.98$202,170
Jan 20204,30126757.252.09$246,792
Dec 20196,23559959.012.30$369,308
Nov 20198,66965955.302.75$481,208
Oct 20197,9381,01253.472.42$426,892
Sep 20197,0391,44955.052.66$391,347
Aug 20196,4761,96653.112.30$348,471
Jul 20196,2972,13056.272.46$359,572
Jun 20197,8302,96252.782.49$420,646
May 201911,0825,11158.482.74$662,081
Apr 20199,5853,38362.632.75$609,614
Mar 20194,6331,31456.803.06$267,178
Feb 201911,5981,57250.852.79$594,148
Jan 20192,14087246.033.23$101,319

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                  376 bbl  × $106.41 =    $40,010
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $40,010

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/20193 is the state's own key, not one this site invented.