TARKINGTON-SCHNEIDER

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 12261District 02Field 71801001OilCasinghead gasSaveExport
Value, all time
$8.5 M
Nov 2021 – May 2026
Value, last 12 filed months
$607 k
at the published price for each month
Months reported
55
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 75 leases and 218 wells, and the rule below applies to all of them.

Discovered
1936-12-31
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 10 acres. The field rule took effect on 2022-10-11.

The Commission's schedule remark for this field reads: UNDER SUCH PRORATION UNIT HAVE BEEN SO POOLED.

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
OilDisposition100,799 bbl$8,325,887
Casinghead gasProduction35,688 Mcf$159,077
Total$8,484,964

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 28.6874, -96.8194. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.68738, -96.81936 · 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
4,761 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 4,761 ft.

Completions filed
Nov 2021
1 of 1 wells

1 well

42-469344771H4,761 ftNov 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 (55)

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

55 months

May 2026514462106.413.05$56,102
Apr 202687516398.932.87$87,032
Mar 20261,0279789.753.15$92,479
Feb 20269213863.503.75$58,626
Jan 202659011659.138.00$35,814
Dec 202543823656.664.41$25,859
Nov 20255219758.593.93$30,906
Oct 202561549459.383.30$38,151
Sep 20256251,22662.743.08$42,985
Aug 2025717063.933.01$45,838
Jul 2025669066.743.32$44,649
Jun 2025734066.483.13$48,796
May 2025766660.553.23$46,401
Apr 2025803062.363.54$50,075
Mar 202588418667.704.27$60,641
Feb 202558215470.884.34$41,921
Jan 202590424874.324.28$68,246
Dec 202490524868.993.12$63,210
Nov 202488724869.052.20$61,793
Oct 202491631071.372.28$66,082
Sep 202494130069.612.36$66,212
Aug 20241,04331075.632.06$79,522
Jul 20241,04031079.932.15$83,793
Jun 20241,04630078.082.63$82,462
May 20241,06431078.812.20$84,535
Apr 20241,03231284.451.66$87,670
Mar 20241,02736280.301.55$83,027
Feb 20241,05334876.091.78$80,743
Jan 20241,05934073.023.30$78,449
Dec 20231,20240171.262.61$86,701
Nov 20231,14647477.892.81$90,593
Oct 20231,19854285.443.09$104,030
Sep 20231,09554089.042.74$98,976
Aug 20231,22258480.522.67$99,956
Jul 20231,30162074.852.64$99,018
Jun 20231,26663068.962.26$88,726
May 20231,44775170.622.23$103,860
Apr 20231,48387078.122.24$117,799
Mar 20231,64889672.852.39$122,201
Feb 20231,37175475.112.47$104,835
Jan 20231,84287476.533.39$143,929
Dec 20222,00587076.415.73$158,186
Nov 20221,98087085.005.65$173,212
Oct 20222,38489487.185.86$213,079
Sep 20222,42987084.888.16$213,276
Aug 20222,54089994.529.13$248,286
Jul 20222,807957101.587.54$292,353
Jun 20222,664930115.097.98$314,019
May 20223,060961109.378.43$342,776
Apr 20223,409930104.226.84$361,645
Mar 20224,531966108.885.08$498,239
Feb 20225,3451,11891.054.86$492,094
Jan 20227,4541,77581.844.54$618,090
Dec 202110,3663,74671.323.90$753,909
Nov 20219,4064,74577.435.24$753,155

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                  514 bbl  × $106.41 =    $54,695
Casinghead gas       462 Mcf  × $  3.05 =     $1,407

────────────────────────────────────────────────────
Month total                                  $56,102

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/12261 is the state's own key, not one this site invented.