LANDGREBE, LEROY

Operated by P1 ENERGY, LLC (P-5 631633) in the SPEARY (WILCOX 9400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7340District 02Field 85043700NGPA filingOilCasinghead gasSaveExport
Value, all time
$638 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 16 leases and 18 wells, and the rule below applies to all of them.

Discovered
1985-12-23
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1989-02-01.

The Commission's schedule remark for this field reads: PER DKT #02-94,274 EFF 5/22/90

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition16,906 bbl$436,243
Casinghead gasProduction74,943 Mcf$201,516
Total$637,758

29,425 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.8627, -97.7190. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.86266, -97.71900 · 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
9,555 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 9,555 ft.

Completions filed
Jan 1988
1 of 1 wells

1 well

42-2553119119,555 ftJan 1988

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
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
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009215061.133.46$13,143
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081340101.767.88$13,636
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20081380123.1711.57$16,997
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008133090.388.21$12,021
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007012282.856.92$844
Sep 200713632475.846.24$12,337
Aug 2007037869.066.39$2,415
Jul 2007035370.906.39$2,255
Jun 2007016962.007.55$1,276
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 200701456.927.30$102
Feb 200701355.108.22$107
Jan 200703550.306.73$235
Dec 200618315656.656.92$11,446
Nov 2006010054.207.62$762
Oct 200602654.906.01$156
Sep 20061841560.085.04$11,130
Aug 200607868.717.34$573
Jul 2006020069.376.34$1,269
Jun 2006029166.286.38$1,858
May 2006053966.016.42$3,463
Apr 2006027764.397.36$2,039
Mar 2006044756.707.08$3,166
Feb 200613017857.597.75$8,866
Jan 2006017160.598.93$1,528
Dec 2005034554.9413.42$4,628
Nov 2005018954.6910.59$2,001
Oct 2005019458.3413.80$2,676
Sep 2005012161.4512.08$1,462
Aug 200517712361.519.80$12,092
Jul 20050055.697.84$0
Jun 2005182052.337.38$9,524
May 20050045.226.65$0
Apr 2005041549.207.36$3,055
Mar 2005059850.377.15$4,279
Feb 200518248145.226.31$11,266
Jan 200517954743.166.32$11,184
Dec 2004054139.866.75$3,652
Nov 2004069945.286.33$4,425
Oct 200414964149.706.52$11,581
Sep 20045557043.245.28$5,390
Aug 20047867942.375.55$7,074
Jul 200417865738.286.08$10,811
Jun 200401,10136.106.43$7,083
May 20041811,14537.486.49$14,220
Apr 20043231,53334.475.86$20,115
Mar 200417956634.365.53$9,281
Feb 2004032532.455.51$1,791
Jan 200418133932.036.30$7,933
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20031712628.174.76$4,941
Sep 2003022126.314.75$1,050
Aug 2003051429.765.13$2,637
Jul 2003029829.415.17$1,541
Jun 200315242028.565.98$6,854
May 2003055526.595.97$3,315
Apr 2003171026.675.41$4,561
Mar 2003173031.146.10$5,387
Feb 20030033.487.93$0
Jan 200307730.315.58$430
Dec 2002024526.914.85$1,189
Nov 2002034724.664.14$1,436
Oct 200217041626.464.23$6,258
Sep 2002050527.443.64$1,836
Aug 200217451525.963.16$6,147
Jul 2002033624.583.06$1,029
Jun 200201123.733.34$37
May 200217143124.663.58$5,762
Apr 200217014023.653.51$4,512
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002020617.172.38$489
Dec 2001040816.932.36$965
Nov 200118442318.072.41$4,342
Oct 2001045019.782.53$1,138
Sep 200117543124.262.25$5,216
Aug 2001042924.873.05$1,310
Jul 2001046623.933.20$1,490
Jun 200117730224.563.82$5,502
May 2001043225.524.31$1,861
Apr 200116932024.685.34$5,878
Mar 2001031124.545.38$1,672
Feb 2001018927.755.77$1,090
Jan 200115010327.478.40$4,986
Dec 2000026426.889.12$2,408
Nov 2000036132.215.66$2,043
Oct 200017154431.235.15$8,139
Sep 2000044131.875.19$2,287
Aug 2000054029.644.54$2,452
Jul 200016956128.534.09$7,116
Jun 200018357529.304.40$7,890
May 2000053127.263.68$1,954
Apr 2000016924.513.12$527
Mar 200018113628.422.86$5,533
Feb 2000048927.622.73$1,333
Jan 2000047025.272.48$1,166
Dec 1999043124.282.42$1,045
Nov 1999028023.192.43$682
Oct 199912522520.982.80$3,253
Sep 1999178021.752.62$3,872
Aug 19990019.262.88$0
Jul 199917937017.892.37$4,080
Jun 1999043915.942.36$1,037
May 199918157715.792.32$4,197
Apr 1999030615.102.21$676
Mar 199917650912.471.84$3,130
Feb 19991793009.981.82$2,332
Jan 1999049410.381.90$939
Dec 199805149.201.77$911
Nov 199817739910.892.19$2,800
Oct 1998061612.421.97$1,213
Sep 199818156212.592.08$3,449
Aug 1998050611.301.91$965
Jul 199818677311.742.24$3,913
Jun 1998057711.242.24$1,291
May 199835353212.622.21$5,629
Apr 1998042313.042.51$1,060
Mar 1998046012.802.31$1,062
Feb 1998042113.952.30$968
Jan 199817645414.702.15$3,565
Dec 1997041816.322.41$1,008
Nov 199718139318.193.09$4,506
Oct 199717947719.253.15$4,948
Sep 1997057317.742.95$1,693
Aug 199718153117.862.55$4,589
Jul 1997040117.582.25$901
Jun 199752949517.242.26$10,237
May 1997044818.972.31$1,034
Apr 1997070117.882.08$1,460
Mar 1997030718.951.94$595
Feb 19970120.492.21$2
Jan 199718530223.483.54$5,413
Dec 199618161823.32$4,221
Nov 1996060821.97$0
Oct 199619366123.31$4,499
Sep 199618256322.22$4,044
Aug 199617734220.26$3,586
Jul 1996065719.55$0
Jun 199635264518.73$6,593
May 1996064119.43$0
Apr 199618565021.51$3,979
Mar 1996030619.38$0
Feb 199617859316.98$3,022
Jan 199617058317.07$2,902
Dec 199518151917.19$3,111
Nov 1995070816.00$0
Oct 199517673915.43$2,716
Sep 199519074516.18$3,074
Aug 199518245015.92$2,897
Jul 1995050115.24$0
Jun 199518159516.41$2,970
May 199517968417.56$3,143
Apr 199517766917.73$3,138
Mar 199535350816.44$5,803
Feb 1995056716.58$0
Jan 199519460415.92$3,088
Dec 199417561015.03$2,630
Nov 199418064515.90$2,862
Oct 199416360115.58$2,540
Sep 1994066115.29$0
Aug 199430264316.13$4,871
Jul 1994059517.56$0
Jun 199417878017.09$3,042
May 199419375915.88$3,065
Apr 199417275114.14$2,432
Mar 199419375612.46$2,405
Feb 1994037812.50$0
Jan 199417871412.66$2,253
Dec 199319366912.33$2,380
Nov 199319545514.49$2,826
Oct 199319170815.85$3,027
Sep 199318878615.03$2,826
Aug 1993061315.66$0
Jul 199317648315.46$2,721
Jun 199330052816.79$5,037
May 199318961017.68$3,342
Apr 199319141718.05$3,448
Mar 199318785118.14$3,392
Feb 199318863417.90$3,365
Jan 199318962216.93$3,200

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.

Jul 2009 — as filed, then multipliedworked
Oil                  215 bbl  × $ 61.13 =    $13,143
Casinghead gas         0 Mcf  × $  3.46 =         $0

────────────────────────────────────────────────────
Month total                                  $13,143

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/7340 is the state's own key, not one this site invented.