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GRAY-MALIK

Operated by ALLEGIANT RESOURCES, LLC (P-5 13365) in the PLACEDO field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12228District 02Field 71801001OilCasinghead gasSave
Value, all time
$9.7 M
Jul 2021 – May 2026
Value, last 12 filed months
$348 k
at the published price for each month
Months reported
59
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition119,569 bbl$9,485,719
Casinghead gasProduction42,705 Mcf$181,774
Total$9,667,492

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 28.6753, -96.8354. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.67526, -96.83539 · 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
4,747 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 4,747 ft.

Completions filed
Jul 2021
1 of 1 wells

1 well

42-469344691H4,747 ftJul 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 (59)

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

59 months

May 20261350106.413.05$14,365
Apr 202611012498.932.87$11,238
Mar 202611143589.753.15$11,332
Feb 20269842363.503.75$7,809
Jan 20263521,27459.138.00$31,003
Dec 20254142,60156.664.41$34,936
Nov 202547131558.593.93$28,833
Oct 202553785859.383.30$34,723
Sep 202561121362.743.08$38,990
Aug 2025664063.933.01$42,450
Jul 2025733066.743.32$48,920
Jun 202561292266.483.13$43,570
May 2025688060.553.23$41,658
Apr 2025669062.363.54$41,719
Mar 202571831067.704.27$49,932
Feb 202567228070.884.34$48,847
Jan 202578831074.324.28$59,891
Dec 202473231068.993.12$51,468
Nov 202472630069.052.20$50,790
Oct 202481731071.372.28$59,017
Sep 202474330069.612.36$52,430
Aug 202484131075.632.06$64,245
Jul 202483431079.932.15$67,327
Jun 202486030078.082.63$67,939
May 202492131078.812.20$73,266
Apr 202493530084.451.66$79,459
Mar 202497737080.301.55$79,025
Feb 202492340676.091.78$70,955
Jan 20241,03651773.023.30$77,354
Dec 20231,04055871.262.61$75,567
Nov 20231,00453777.892.81$79,709
Oct 20231,07755885.443.09$93,742
Sep 202398652489.042.74$89,227
Aug 20231,06059780.522.67$86,947
Jul 20231,13565174.852.64$86,675
Jun 20231,17563068.962.26$82,451
May 20231,30964670.622.23$93,880
Apr 20231,35763078.122.24$107,419
Mar 20231,47965072.852.39$109,301
Feb 20231,49458875.112.47$113,664
Jan 20231,84965176.533.39$143,709
Dec 20222,14364376.415.73$167,430
Nov 20222,08263085.005.65$180,527
Oct 20222,37365187.185.86$210,695
Sep 20222,25463084.888.16$196,463
Aug 20222,56865194.529.13$248,669
Jul 20222,782651101.587.54$287,505
Jun 20222,875636115.097.98$335,957
May 20223,271682109.378.43$363,501
Apr 20223,439660104.226.84$362,925
Mar 20223,753371108.885.08$410,510
Feb 20223,47054791.054.86$318,601
Jan 20224,62468281.844.54$381,523
Dec 20215,26668271.323.90$378,230
Nov 20216,15666077.435.24$480,115
Oct 20217,61169579.795.71$611,253
Sep 20219,29839169.865.35$651,650
Aug 202114,6174,42566.024.22$983,690
Jul 20217,2949,09070.783.98$552,466

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                  135 bbl  × $106.41 =    $14,365
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $14,365

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/12228 is the state's own key, not one this site invented.