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CRAFT

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the YOUGEEN (HOCKLEY 4500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 280521District 02Field 99446100CondensateGasSaveExport
Value, all time
$199 k
Aug 2015 – May 2026
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
130
no gaps in the span
Streams
2
condensate, gas

The YOUGEEN (HOCKLEY 4500) 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 33 leases and 37 wells, and the rule below applies to all of them.

Discovered
1975-02-20
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 20 acres. The field rule took effect on 2014-03-25.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA. CERTIFIED PRORATION PLATS 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
CondensateDisposition1,231 bbl$68,699
GasProduction48,922 Mcf$129,995
Total$198,694

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 28.3258, -97.8179. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32579, -97.81792 · 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
5,010 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 5,010 ft.

Completions filed
Aug 2015
1 of 1 wells

1 well

42-0253394315,010 ftAug 2015——

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 (130)

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

130 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260689.753.15$19
Feb 20260263.503.75$8
Jan 20260059.138.00$0
Dec 202516925856.664.41$10,714
Nov 2025018658.593.93$730
Oct 2025030459.383.30$1,005
Sep 20250062.743.08$0
Aug 2025343063.933.01$21,928
Jul 2025048766.743.32$1,615
Jun 202503,55966.483.13$11,135
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 202189066.024.22$5,876
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021017361.302.72$470
Feb 2021070157.805.55$3,889
Jan 2021016550.412.81$464
Dec 2020043044.642.68$1,150
Nov 202005438.772.71$146
Oct 2020041736.972.48$1,034
Sep 2020015637.091.99$311
Aug 202002939.982.39$69
Jul 2020030638.371.83$558
Jun 2020012934.901.69$218
May 202001416.921.81$25
Apr 2020036314.751.80$655
Mar 202010231630.341.86$3,681
Feb 2020024349.881.98$481
Jan 20200057.252.09$0
Dec 201901159.012.30$25
Nov 2019015555.302.75$426
Oct 2019026653.472.42$643
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201916646952.782.49$9,930
May 2019093258.482.74$2,554
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019013046.033.23$420
Dec 20180046.594.19$0
Nov 2018034352.934.24$1,453
Oct 20180061.443.40$0
Sep 2018011959.543.11$370
Aug 20180059.403.07$0
Jul 20181801,06465.142.93$14,845
Jun 2018011460.183.08$351
May 201803165.382.90$90
Apr 20180063.842.90$0
Mar 201801,80161.222.79$5,019
Feb 2018067061.782.77$1,853
Jan 2018051462.874.01$2,061
Dec 2017052857.272.92$1,543
Nov 2017070855.423.12$2,208
Oct 2017043349.292.98$1,292
Sep 2017046647.523.09$1,439
Aug 2017022545.373.00$676
Jul 2017051543.873.09$1,590
Jun 2017087842.493.09$2,711
May 20170045.373.26$0
Apr 2017099147.933.21$3,183
Mar 2017016346.772.98$486
Feb 201701,09150.452.95$3,221
Jan 2017081149.413.42$2,773
Dec 2016069348.763.72$2,580
Nov 2016035342.492.64$933
Oct 201601,33846.193.09$4,135
Sep 201601,51341.553.10$4,691
Aug 201601,41841.442.92$4,147
Jul 201601,13841.622.92$3,328
Jun 201601,06745.352.69$2,866
May 20161821,50342.521.99$10,731
Apr 201602,07636.561.99$4,133
Mar 201602,93533.011.79$5,265
Feb 201602,54526.472.06$5,252
Jan 201603,96927.352.36$9,384
Dec 201504,13432.362.00$8,274
Nov 201502,25338.792.17$4,883
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015026140.162.87$750

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    6 Mcf  × $  3.15 =        $19

────────────────────────────────────────────────────
Month total                                      $19

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. 02/G/280521 is the state's own key, not one this site invented.