CLAY PASTURE -E- STATE UNIT

Operated by T-C OIL COMPANY, LLC (P-5 833782) in the MCFADDIN (3900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12305District 02Field 59371587OilCasinghead gasSaveExport
Value, all time
$5.1 M
Dec 2021 – May 2026
Value, last 12 filed months
$549 k
at the published price for each month
Months reported
54
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1993-09-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 & AOF-2, EFFECTIVE 11/01/2023.

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
OilDisposition58,586 bbl$4,787,788
Casinghead gasProduction86,700 Mcf$284,432
Total$5,072,220

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 28.5428, -97.0477. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.54280, -97.04765 · 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
5,539 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 5,539 ft.

Completions filed
Dec 2021
1 of 1 wells

1 well

42-3913324225,539 ftDec 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 (54)

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

54 months

May 202615449106.413.05$16,536
Apr 20264714698.932.87$46,728
Mar 20266035489.753.15$54,289
Feb 20265828563.503.75$37,276
Jan 202669025059.138.00$42,799
Dec 202578384056.664.41$48,072
Nov 202570181058.593.93$44,252
Oct 202573494159.383.30$46,695
Sep 202575584862.743.08$49,978
Aug 202577190463.933.01$52,015
Jul 202577892766.743.32$54,997
Jun 202578588366.483.13$54,949
May 202583094560.553.23$53,311
Apr 202584393362.363.54$55,875
Mar 202578799567.704.27$57,527
Feb 202569783170.884.34$53,011
Jan 202579699674.324.28$63,420
Dec 20247751,15368.993.12$57,066
Nov 20247811,08969.052.20$56,322
Oct 20247511,55671.372.28$57,149
Sep 20246981,96469.612.36$53,231
Aug 20247462,12575.632.06$60,805
Jul 20248291,50079.932.15$69,482
Jun 20249113,47778.082.63$80,289
May 20241,0402,91778.812.20$88,375
Apr 20241,0802,76984.451.66$95,800
Mar 20241,1772,98780.301.55$99,128
Feb 20241,1612,94976.091.78$93,600
Jan 20241,2243,06573.023.30$99,484
Dec 20231,4802,23971.262.61$111,310
Nov 20231,4722,30977.892.81$121,137
Oct 20231,3182,85785.443.09$121,430
Sep 20231,3352,91289.042.74$126,833
Aug 20231,5252,99880.522.67$130,806
Jul 20231,3242,27274.852.64$105,104
Jun 20238782,93068.962.26$67,164
May 20239533,37870.622.23$74,825
Apr 20239042,82678.122.24$76,944
Mar 20231,1193,50172.852.39$89,898
Feb 20231,0233,76575.112.47$86,121
Jan 20231,2122,34476.533.39$100,695
Dec 20221,2651,71176.415.73$106,461
Nov 20221,5171,79785.005.65$139,091
Oct 20221,6842,21287.185.86$159,782
Sep 20221,6661,22184.888.16$151,378
Aug 20221,7621,00294.529.13$175,690
Jul 20221,6991,077101.587.54$180,707
Jun 20221,7781,461115.097.98$216,285
May 20222,155871109.378.43$243,038
Apr 20221,931670104.226.84$205,830
Mar 20222,114777108.885.08$234,117
Feb 20221,88748791.054.86$174,178
Jan 20221,16711881.844.54$96,043
Dec 20214857771.323.90$34,890

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                  154 bbl  × $106.41 =    $16,387
Casinghead gas        49 Mcf  × $  3.05 =       $149

────────────────────────────────────────────────────
Month total                                  $16,536

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/12305 is the state's own key, not one this site invented.