TPIC

Operated by FORMATION RESOURCES LLC (P-5 276936) in the SHERIFF (5700 GRETA SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8797District 02Field 83141684OilCasinghead gasSaveExport
Value, all time
$1.2 M
Mar 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
279
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 12 leases and 27 wells, and the rule below applies to all of them.

Discovered
1945-11-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 25 acres.

The Commission's schedule remark for this field reads: FIELD SUBDIVIDED FROM SHERIFF FIELD EFFECTIVE 8-1-63

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
OilDisposition22,486 bbl$1,219,112
Casinghead gasProduction505 Mcf$2,260
Total$1,221,372

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 28.5833, -96.7410. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.58329, -96.74104 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
8,667 ft
1 wells filed one
Completion to plug
18.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 8,667 ft.

Completions filed
Mar 2003
1 of 1 wells
Plug dates filed
Dec 2021
1 of 1 wells

Last completion to plug: a median of 18.8 years across the 1 well that filed both dates, with the middle half between 18.8 years and 18.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0573163118,667 ftMar 2003Dec 2021Yes

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 (279)

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

279 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 201569043.433.10$2,997
Dec 201484054.693.59$4,594
Nov 201478070.464.25$5,496
Oct 201489078.303.90$6,969
Sep 201450086.164.05$4,308
Aug 201441089.394.04$3,665
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201470094.734.73$6,631
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 201493097.406.19$9,058
Jan 2014142090.404.86$12,837
Dec 2013142091.824.35$13,038
Nov 2013112088.853.74$9,951
Oct 201320097.423.78$1,948
Sep 2013210104.113.72$2,186
Aug 2013370104.253.52$3,857
Jul 20132620102.523.72$26,860
Jun 2013131094.403.93$12,366
May 201385094.834.15$8,061
Apr 201347093.964.28$4,416
Mar 2013160093.623.91$14,979
Feb 201396091.233.42$8,758
Jan 20136091.603.42$550
Dec 20127086.773.42$607
Nov 201240086.953.62$3,478
Oct 2012111089.383.40$9,921
Sep 2012127094.672.92$12,023
Aug 2012140092.662.91$12,972
Jul 2012132085.133.02$11,237
Jun 201260079.822.52$4,789
May 20126091.612.49$550
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201210101.102.57$101
Jan 20121098.092.73$98
Dec 20113096.873.24$291
Nov 201119095.723.31$1,819
Oct 201192084.983.65$7,818
Sep 201177083.623.99$6,439
Aug 20111119083.404.15$9,631
Jul 201157094.144.52$5,366
Jun 201144092.904.64$4,088
May 2011175098.134.40$17,173
Apr 2011230105.964.33$2,437
Mar 2011130096.364.06$12,527
Feb 201117810085.644.18$15,662
Jan 201126630086.504.59$24,386
Dec 2010214085.734.35$18,346
Nov 2010159080.843.80$12,854
Oct 2010250078.103.51$19,525
Sep 201056072.633.98$4,067
Aug 201084073.684.42$6,189
Jul 201034072.554.74$2,467
Jun 201082070.364.91$5,770
May 2010122071.124.24$8,677
Apr 201099081.694.12$8,087
Mar 201097078.394.39$7,604
Feb 201064073.585.44$4,709
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009145072.544.11$10,518
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
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 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007174091.677.29$15,951
Oct 2007175082.856.92$14,499
Sep 20070075.846.24$0
Aug 2007174069.066.39$12,016
Jul 2007172070.906.39$12,195
Jun 20070062.007.55$0
May 2007170058.747.85$9,986
Apr 2007181059.617.81$10,789
Mar 2007174056.927.30$9,904
Feb 2007181055.108.22$9,973
Jan 2007182050.306.73$9,155
Dec 2006172056.656.92$9,744
Nov 2006176054.207.62$9,539
Oct 2006178054.906.01$9,772
Sep 2006172060.085.04$10,334
Aug 2006175068.717.34$12,024
Jul 2006178069.376.34$12,348
Jun 2006174066.286.38$11,533
May 2006346066.016.42$22,839
Apr 2006178064.397.36$11,461
Mar 2006179056.707.08$10,149
Feb 2006175057.597.75$10,078
Jan 2006357060.598.93$21,631
Dec 2005174054.9413.42$9,560
Nov 2005167054.6910.59$9,133
Oct 2005344058.3413.80$20,069
Sep 2005345061.4512.08$21,200
Aug 2005168061.519.80$10,334
Jul 2005346055.697.84$19,269
Jun 2005339052.337.38$17,740
May 2005350045.226.65$15,827
Apr 2005348049.207.36$17,122
Mar 2005349050.377.15$17,579
Feb 2005171045.226.31$7,733
Jan 2005362043.166.32$15,624
Dec 2004526039.866.75$20,966
Nov 2004542045.286.33$24,542
Oct 2004509049.706.52$25,297
Sep 2004517043.245.28$22,355
Aug 2004349042.375.55$14,787
Jul 2004523038.286.08$20,020
Jun 2004518036.106.43$18,700
May 2004697037.486.49$26,124
Apr 2004526034.475.86$18,131
Mar 2004870034.365.53$29,893
Feb 2004889032.455.51$28,848
Jan 2004348032.036.30$11,146
Dec 2003176030.266.30$5,326
Nov 2003173028.804.60$4,982
Oct 2003170028.174.76$4,789
Sep 2003346026.314.75$9,103
Aug 2003348029.765.13$10,356
Jul 2003520029.415.17$15,293
Jun 2003351028.565.98$10,025
May 2003350026.595.97$9,307
Apr 2003691026.675.41$18,429
Mar 200301531.146.10$91

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.

Jan 2015 — as filed, then multipliedworked
Oil                   69 bbl  × $ 43.43 =     $2,997
Casinghead gas         0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                   $2,997

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/8797 is the state's own key, not one this site invented.