POSEY

Operated by TEXAS PETROLEUM INVESTMENT CO. (P-5 847710) in the DARST CREEK (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2761District 01Field 23191333Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$732 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 143 leases and 1,099 wells, and the rule below applies to all of them.

Discovered
1960-09-01
as the register files it
Field class
Oil
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres.

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: COMBINED WITH DARST CREEK (BUDA) EFF 1/1/63.

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
OilDisposition24,568 bbl$724,822
Casinghead gasProduction2,961 Mcf$7,211
Total$732,033

194 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (11)

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 29.5885, -97.7535. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

29.58858, -97.75322 · 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
27.3%
3 of 11 wells
With a plug date
27.3%
3 of 11 wells
Median depth
2,603 ft
10 wells filed one
Completion to plug
9.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
327.3%
A plug date is filed
327.3%
BothOn the schedule and plugged. Neither fact cancels the other.
327.3%
NeitherNo plug date, and not on the schedule.
872.7%

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

Total depth in feet, 10 of 11 wells. Median 2,603 ft, with the middle half between 2,589 and 2,618 ft; the shallowest is 2,509 ft and the deepest 2,712 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 11 wells, Apr 1972 – Dec 2001. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 1972 – Dec 2001
8 of 11 wells; 3 filed none
Plug dates filed
Dec 2002 – Aug 2007
3 of 11 wells; 8 filed none

Last completion to plug: a median of 9.5 years across the 1 well that filed both dates, with the middle half between 9.5 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

11 wells

42-1870084232,619 ftDec 2002Yes
42-1870085113 H2,509 ftDec 2002Yes
42-187008468
42-18730359212,582 ftDec 2001
42-18700850122,622 ftDec 2000
42-18730228202,613 ftDec 2000
42-18730370222,590 ftOct 2000
42-18730223142,589 ftFeb 1998Aug 2007Yes
42-1878044562,712 ftJun 1981
42-1878044412,605 ftAug 1979
42-18700848102,600 ftApr 1972

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 (401)

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

401 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 20240080.301.55$0
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 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201013072.633.98$944
Aug 201015073.684.42$1,105
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20099065.543.06$590
Aug 200927067.423.22$1,820
Jul 200948061.133.46$2,934
Jun 200954066.163.90$3,573
May 200964054.743.93$3,503
Apr 200946046.773.59$2,151
Mar 200976042.144.06$3,203
Feb 200984032.814.63$2,756
Jan 2009102035.865.37$3,658
Dec 2008107037.105.98$3,970
Nov 200886055.496.86$4,772
Oct 2008102075.246.92$7,674
Sep 2008310101.767.88$3,155
Aug 2008340114.228.48$3,883
Jul 2008890131.0811.39$11,666
Jun 2008720131.3313.03$9,456
May 2008880123.1711.57$10,839
Apr 2008740110.3110.45$8,163
Mar 2008820101.909.66$8,356
Feb 200893092.538.77$8,605
Jan 200888090.388.21$7,953
Dec 200799088.337.30$8,745
Nov 2007110091.677.29$10,084
Oct 2007142082.856.92$11,765
Sep 2007150075.846.24$11,376
Aug 2007116069.066.39$8,011
Jul 2007107070.906.39$7,586
Jun 2007136062.007.55$8,432
May 2007134058.747.85$7,871
Apr 2007110059.617.81$6,557
Mar 2007105056.927.30$5,977
Feb 2007105055.108.22$5,786
Jan 2007182050.306.73$9,155
Dec 2006129056.656.92$7,308
Nov 2006113054.207.62$6,125
Oct 2006123054.906.01$6,753
Sep 2006127060.085.04$7,630
Aug 2006126068.717.34$8,657
Jul 2006134069.376.34$9,296
Jun 2006113066.286.38$7,490
May 2006151066.016.42$9,968
Apr 2006136064.397.36$8,757
Mar 2006156056.707.08$8,845
Feb 2006161057.597.75$9,272
Jan 2006186060.598.93$11,270
Dec 2005196054.9413.42$10,768
Nov 2005200054.6910.59$10,938
Oct 200592058.3413.80$5,367
Sep 2005223061.4512.08$13,703
Aug 2005274061.519.80$16,854
Jul 2005203055.697.84$11,305
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20031029.765.13$30
Jul 20030029.415.17$0
Jun 20034028.565.98$114
May 200321026.595.97$558
Apr 200322026.675.41$587
Mar 200334031.146.10$1,059
Feb 200343033.487.93$1,440
Jan 200334030.315.58$1,031
Dec 200223026.914.85$619
Nov 200226024.664.14$641
Oct 200227026.464.23$714
Sep 200231027.443.64$851
Aug 200233025.963.16$857
Jul 200225024.583.06$615
Jun 200222023.733.34$522
May 200222024.663.58$543
Apr 200221023.653.51$497
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20011024.563.82$25
May 200138025.524.31$970
Apr 200151124.685.34$1,264
Mar 200155124.545.38$1,355
Feb 2001101327.755.77$2,820
Jan 200131427.478.40$885
Dec 2000139026.889.12$3,736
Nov 2000103032.215.66$3,318
Oct 2000125031.235.15$3,904
Sep 200099531.875.19$3,181
Aug 20001141029.644.54$3,424
Jul 20001391128.534.09$4,011
Jun 20001246029.304.40$3,897
May 20001458427.263.68$4,262
Apr 20001751324.513.12$4,330
Mar 20001701228.422.86$4,866
Feb 2000178927.622.73$4,941
Jan 2000154725.272.48$3,909
Dec 1999139724.282.42$3,392
Nov 19991871123.192.43$4,363
Oct 1999235920.982.80$4,956
Sep 199918518821.752.62$4,516
Aug 199926116619.262.88$5,504
Jul 199914620817.892.37$3,105
Jun 199918119515.942.36$3,346
May 199920426115.792.32$3,827
Apr 19996219315.102.21$1,362
Mar 1999100112.471.84$1,249
Feb 19993319.981.82$331
Jan 19990010.381.90$0
Dec 1998277169.201.77$2,577
Nov 19983141310.892.19$3,448
Oct 19983451512.421.97$4,314
Sep 19983081212.592.08$3,903
Aug 19982691311.301.91$3,065
Jul 19982271311.742.24$2,694
Jun 19982721111.242.24$3,082
May 19982381112.622.21$3,028
Apr 19982581013.042.51$3,389
Mar 19984031612.802.31$5,195
Feb 19983001213.952.30$4,213
Jan 1998321814.702.15$4,736
Dec 19973096516.322.41$5,200
Nov 19973665618.193.09$6,830
Oct 19974205919.253.15$8,271
Sep 19973826317.742.95$6,963
Aug 19973993817.862.55$7,223
Jul 19974616517.582.25$8,250
Jun 19974448917.242.26$7,855
May 19974428518.972.31$8,581
Apr 19971116317.882.08$2,116
Mar 199721631918.951.94$4,712
Feb 1997205020.492.21$4,200
Jan 199723325523.483.54$6,373
Dec 1996264023.32$6,156
Nov 1996243021.97$5,339
Oct 1996268023.31$6,247
Sep 1996275022.22$6,111
Aug 1996378020.26$7,658
Jul 1996104019.55$2,033
Jun 199653018.73$993
May 199650019.43$972
Apr 199649021.51$1,054
Mar 199642019.38$814
Feb 199633016.98$560
Jan 199625017.07$427
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 199525015.24$381
Jun 1995226016.41$3,709
May 1995258017.56$4,530
Apr 1995129017.73$2,287
Mar 1995257016.44$4,225
Feb 1995130016.58$2,155
Jan 1995129015.92$2,054
Dec 1994130015.03$1,954
Nov 1994128015.90$2,035
Oct 1994129015.58$2,010
Sep 1994129115.29$1,972
Aug 1994127116.13$2,049
Jul 1994256117.56$4,495
Jun 19940117.09$0
May 1994124115.88$1,969
Apr 1994240114.14$3,394
Mar 1994125112.46$1,558
Feb 1994203112.50$2,538
Jan 1994122212.66$1,545
Dec 1993249112.33$3,070
Nov 19932491514.49$3,608
Oct 19931211615.85$1,918
Sep 19932496815.03$3,742
Aug 19932474415.66$3,868
Jul 19931263415.46$1,948
Jun 1993252116.79$4,231
May 1993256117.68$4,526
Apr 1993125118.05$2,256
Mar 1993253118.14$4,589
Feb 1993256117.90$4,582
Jan 1993127116.93$2,150

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.

Sep 2010 — as filed, then multipliedworked
Oil                   13 bbl  × $ 72.63 =       $944
Casinghead gas         0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                     $944

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/2761 is the state's own key, not one this site invented.