CEF-CREWS B AC SA 1

Operated by BPX OPERATING COMPANY (P-5 85408) in the SUGARKANE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12048District 02Field 86950300OilCasinghead gasSaveExport
Value, all time
$22.2 M
Mar 2020 – May 2026
Value, last 12 filed months
$879 k
at the published price for each month
Months reported
75
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 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
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 80 acres. The field rule took effect on 2016-01-12.

The Commission's schedule remark for this field reads: INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.

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
OilDisposition243,898 bbl$18,966,502
Casinghead gasProduction737,072 Mcf$3,223,301
Total$22,189,804

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 29.0236, -97.7993. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.02365, -97.79925 · 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
11,021 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 11,021 ft.

Completions filed
May 2021
1 of 1 wells

1 well

42-255367411H11,021 ftMay 2021

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 (75)

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

75 months

May 20261,0894,570106.413.05$129,800
Apr 20269043,38198.932.87$99,135
Mar 20261,0803,48789.753.15$107,912
Feb 20268172,60563.503.75$61,649
Jan 20261,1143,44659.138.00$93,432
Dec 20251,1974,34156.664.41$86,980
Nov 20251,3054,33558.593.93$93,481
Oct 202552295459.383.30$34,149
Sep 202527729062.743.08$18,271
Aug 202535331163.933.01$23,505
Jul 202540911466.743.32$27,675
Jun 20251,52748366.483.13$103,026
May 202553315960.553.23$32,787
Apr 20251271,49162.363.54$13,203
Mar 20256575,01667.704.27$65,889
Feb 20259265,00670.884.34$87,365
Jan 20251,7526,11274.324.28$156,360
Dec 20241,6426,76068.993.12$134,382
Nov 20246657,59369.052.20$62,611
Oct 20246227,55171.372.28$61,619
Sep 20241,5007,90369.612.36$123,101
Aug 20241,5898,26675.632.06$137,234
Jul 20241,5808,23779.932.15$143,971
Jun 20241,6247,93978.082.63$147,713
May 20241,8458,34478.812.20$163,748
Apr 20241,4698,12384.451.66$137,535
Mar 20241,1728,37580.301.55$107,052
Feb 20241,0157,94576.091.78$91,402
Jan 20241,5109,30373.023.30$140,938
Dec 20231,24810,27771.262.61$115,763
Nov 20232,2279,87477.892.81$201,183
Oct 20231,9397,26185.443.09$188,085
Sep 20232,0028,87689.042.74$202,534
Aug 20231,7079,85580.522.67$163,789
Jul 20231,88511,51574.852.64$171,513
Jun 20232,25212,17768.962.26$182,799
May 20232,25012,84770.622.23$187,510
Apr 20231,77212,40678.122.24$166,190
Mar 20232,34712,18272.852.39$200,132
Feb 20232,77111,95175.112.47$237,597
Jan 20233,96012,80376.533.39$346,432
Dec 20223,75712,49676.415.73$358,663
Nov 20223,31113,61985.005.65$358,331
Oct 20223,64615,53887.185.86$408,969
Sep 20223,64614,79184.888.16$430,221
Aug 20224,23716,36794.529.13$549,865
Jul 20224,58115,104101.587.54$579,254
Jun 20225,19416,778115.097.98$731,619
May 20225,50721,997109.378.43$787,802
Apr 20225,96419,378104.226.84$754,067
Mar 20227,12123,827108.885.08$896,290
Feb 20227,34522,38491.054.86$777,523
Jan 20226,90617,78081.844.54$645,867
Dec 20218,79425,77771.323.90$727,696
Nov 20219,33526,26477.435.24$860,350
Oct 202112,50129,21079.795.71$1,164,357
Sep 202113,19533,51569.865.35$1,101,139
Aug 202116,36431,51266.024.22$1,213,351
Jul 202118,96033,41070.783.98$1,475,030
Jun 202123,85439,39969.493.38$1,790,808
May 202122,49833,46263.483.02$1,529,150
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

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                1,089 bbl  × $106.41 =   $115,880
Casinghead gas     4,570 Mcf  × $  3.05 =    $13,919

────────────────────────────────────────────────────
Month total                                 $129,800

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/O/12048 is the state's own key, not one this site invented.