ALBRECHT

Operated by OLIPDP II, LLC (P-5 100467) in the FIFTEEN MILE CREEK (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 286327District 02Field 308024002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Aug 2018 – May 2026
Value, last 12 filed months
$166 k
at the published price for each month
Months reported
94
no gaps in the span
Streams
2
condensate, 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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
1981-09-02
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 2019-08-20.

The Commission's schedule remark for this field reads: DESIGNATED AS THE FIFTENN MILES CREEK (WILCOX) FIELD.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none
ST-1112020-06-15226715

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition4,120 bbl$264,583
GasProduction461,050 Mcf$1,573,000
Total$1,837,583

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 28.8824, -97.4130. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88239, -97.41297 · 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
15,000 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 15,000 ft.

Completions filed
Oct 2018
1 of 1 wells

1 well

42-17534259115,000 ftOct 2018

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 (94)

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

94 months

May 20261722,514106.413.05$25,960
Apr 202602,61598.932.87$7,504
Mar 202641,96289.753.15$6,538
Feb 202671,79063.503.75$7,158
Jan 202611,97359.138.00$15,839
Dec 202502,13356.664.41$9,414
Nov 202503,38358.593.93$13,283
Oct 202512796759.383.30$10,737
Sep 202512113,85562.743.08$50,222
Aug 202502,12563.933.01$6,406
Jul 202502,39766.743.32$7,947
Jun 2025689466.483.13$4,815
May 202541,58260.553.23$5,356
Apr 202512,73062.363.54$9,735
Mar 202522,78067.704.27$12,001
Feb 20251782,64070.884.34$24,076
Jan 202502,96074.324.28$12,665
Dec 202403,01168.993.12$9,398
Nov 202402,92669.052.20$6,433
Oct 202403,06171.372.28$6,983
Sep 202403,00069.612.36$7,093
Aug 202403,13575.632.06$6,469
Jul 20242113,21979.932.15$23,775
Jun 202443,22578.082.63$8,807
May 202453,30278.812.20$7,653
Apr 202453,18584.451.66$5,707
Mar 202443,30680.301.55$5,429
Feb 202403,13676.091.78$5,594
Jan 202403,33073.023.30$10,981
Dec 202333,48871.262.61$9,320
Nov 20231753,41477.892.81$23,216
Oct 2023133,46485.443.09$11,805
Sep 202303,39189.042.74$9,275
Aug 2023103,39980.522.67$9,890
Jul 202373,41774.852.64$9,551
Jun 202303,33668.962.26$7,534
May 202303,18170.622.23$7,085
Apr 20231773,15478.122.24$20,885
Mar 202303,40372.852.39$8,144
Feb 202303,41875.112.47$8,428
Jan 2023124,02576.533.39$14,554
Dec 20221624,77876.415.73$39,752
Nov 202203,51385.005.65$19,835
Oct 202204,14787.185.86$24,317
Sep 202203,46684.888.16$28,295
Aug 202204,40994.529.13$40,242
Jul 202203,865101.587.54$29,150
Jun 20221813,609115.097.98$49,621
May 2022103,582109.378.43$31,301
Apr 202273,403104.226.84$23,998
Mar 202202,955108.885.08$15,001
Feb 202202,80691.054.86$13,634
Jan 202204,05281.844.54$18,387
Dec 20211714,03171.323.90$27,913
Nov 2021243,74377.435.24$21,460
Oct 202193,80579.795.71$22,459
Sep 202123,85469.865.35$20,762
Aug 202143,90566.024.22$16,745
Jul 202184,00670.783.98$16,518
Jun 20211793,96369.493.38$25,836
May 2021244,20163.483.02$14,201
Apr 2021164,16260.362.76$12,446
Mar 20211814,27661.302.72$22,713
Feb 202103,84657.805.55$21,337
Jan 2021164,96450.412.81$14,757
Dec 2020374,74944.642.68$14,357
Nov 2020324,35938.772.71$13,039
Oct 20201714,40136.972.48$17,229
Sep 2020334,60337.091.99$10,389
Aug 202004,84339.982.39$11,551
Jul 202065,08338.371.83$9,507
Jun 202035,88134.901.69$10,045
May 202044,08416.921.81$7,479
Apr 20201785,28414.751.80$12,160
Mar 202005,39430.341.86$10,013
Feb 20201805,41349.881.98$19,700
Jan 202006,19257.252.09$12,971
Dec 20191746,59659.012.30$25,467
Nov 201906,21955.302.75$17,107
Oct 201906,87953.472.42$16,637
Sep 201907,11855.052.66$18,915
Aug 20191717,12053.112.30$25,489
Jul 201907,61156.272.46$18,724
Jun 201907,85652.782.49$19,571
May 20191728,80458.482.74$34,184
Apr 201909,17662.632.75$25,240
Mar 2019010,71556.803.06$32,810
Feb 201917910,69550.852.79$38,965
Jan 2019014,93546.033.23$48,213
Dec 201829524,90346.594.19$117,974
Nov 2018029,92152.934.24$126,782
Oct 20181804,29761.443.40$25,661
Sep 2018011,08159.543.11$34,440
Aug 201806,07159.403.07$18,617

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
Condensate           172 bbl  × $106.41 =    $18,303
Gas                2,514 Mcf  × $  3.05 =     $7,657

────────────────────────────────────────────────────
Month total                                  $25,960

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/286327 is the state's own key, not one this site invented.