BOOTS UNIT

Operated by GULFTEX ENERGY, LLC (P-5 338751) 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 12493District 02Field 86950300OilCasinghead gasSaveExport
Value, all time
$45.1 M
Mar 2022 – May 2026
Value, last 12 filed months
$2.9 M
at the published price for each month
Months reported
51
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
OilDisposition459,273 bbl$39,134,199
Casinghead gasProduction1,557,252 Mcf$6,010,686
Total$45,144,885

Wells on this lease (2)

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 28.9264, -98.0149. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.92640, -98.01488 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,434 ft
2 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.
2100.0%

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

Between 10,434 and 10,434 ft, median 10,434 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2022 – Jul 2023
2 of 2 wells

2 wells

42-25537668102H10,434 ftJul 2023
42-25537377101H10,434 ftMar 2022

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 (51)

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

51 months

May 202600106.413.05$0
Apr 20262,05919,06198.932.87$258,397
Mar 20262,33020,44389.753.15$273,502
Feb 20262,24518,73863.503.75$212,831
Jan 20262,90820,84759.138.00$338,683
Dec 20252,64519,58556.664.41$236,301
Nov 20252,75920,23958.593.93$241,117
Oct 20252,81519,29359.383.30$230,915
Sep 20252,77539,57362.743.08$295,866
Aug 20253,06822,24963.933.01$263,213
Jul 20253,22423,03166.743.32$291,522
Jun 20253,11723,03666.483.13$279,291
May 20253,59025,29360.553.23$299,130
Apr 20253,12023,35962.363.54$277,327
Mar 20253,71127,07767.704.27$366,808
Feb 20253,76625,92670.884.34$379,475
Jan 20254,48431,48474.324.28$467,961
Dec 20244,57532,04368.993.12$415,647
Nov 20244,83332,33869.052.20$404,812
Oct 20245,22936,07371.372.28$455,491
Sep 20245,76537,24669.612.36$489,365
Aug 20246,61239,70075.632.06$581,992
Jul 20247,01039,46779.932.15$645,029
Jun 20247,51242,80178.082.63$699,274
May 20249,11648,04978.812.20$824,065
Apr 202410,21742,62084.451.66$933,541
Mar 202410,92643,74980.301.55$944,956
Feb 202413,02050,34076.091.78$1,080,480
Jan 202416,53446,16873.023.30$1,359,559
Dec 202315,67132,03971.262.61$1,200,360
Nov 202317,53329,68377.892.81$1,448,982
Oct 202317,24128,17685.443.09$1,560,058
Sep 202319,80129,45089.042.74$1,843,628
Aug 202326,19638,71580.522.67$2,212,782
Jul 202321,62225,14874.852.64$1,684,843
Jun 20238834,11868.962.26$70,192
May 20234,75525,86370.622.23$393,405
Apr 20235,53628,77978.122.24$496,873
Mar 20236,52030,33472.852.39$547,576
Feb 20235,41521,37775.112.47$459,429
Jan 20236,86929,38476.533.39$625,229
Dec 20227,86629,15076.415.73$768,044
Nov 20228,46832,54885.005.65$903,553
Oct 202210,36538,29487.185.86$1,128,168
Sep 20222,20642,03484.888.16$530,397
Aug 202215,15142,04994.529.13$1,815,860
Jul 202217,13532,443101.587.54$1,985,261
Jun 202219,14229,830115.097.98$2,441,013
May 202225,16836,280109.378.43$3,058,575
Apr 202232,10949,483104.226.84$3,684,745
Mar 202223,65632,247108.885.08$2,739,364

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.

Apr 2026 — as filed, then multipliedworked
Oil                2,059 bbl  × $ 98.93 =   $203,697
Casinghead gas    19,061 Mcf  × $  2.87 =    $54,700

────────────────────────────────────────────────────
Month total                                 $258,397

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/12493 is the state's own key, not one this site invented.