RHODES TRUST

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 8828District 02Field 85043700OilCasinghead gasSaveExport
Value, all time
$5.1 M
Sep 2003 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
273
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

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
OilDisposition64,835 bbl$3,690,970
Casinghead gasProduction252,595 Mcf$1,451,910
Total$5,142,880

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 28.8648, -97.7239. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.86479, -97.72392 · 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
9,524 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 9,524 ft.

Completions filed
Jul 2006
1 of 1 wells

1 well

42-2553147529,524 ftJul 2006

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 (273)

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

273 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026032489.753.15$1,020
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 2025011862.363.54$418
Mar 202517223567.704.27$12,647
Feb 2025030670.884.34$1,328
Jan 202517624474.324.28$14,124
Dec 202417023968.993.12$12,474
Nov 2024021969.052.20$481
Oct 202415323971.372.28$11,465
Sep 2024023069.612.36$544
Aug 202414623575.632.06$11,527
Jul 2024012079.932.15$258
Jun 202413814778.082.63$11,162
May 2024012078.812.20$264
Apr 202417711384.451.66$15,135
Mar 202409880.301.55$151
Feb 202419410876.091.78$14,954
Jan 20241936073.023.30$14,291
Dec 202304171.262.61$107
Nov 20231933677.892.81$15,134
Oct 20233844885.443.09$32,957
Sep 202301189.042.74$30
Aug 2023183880.522.67$14,757
Jul 2023190274.852.64$14,227
Jun 20231541468.962.26$10,651
May 2023363070.622.23$25,635
Apr 2023180078.122.24$14,062
Mar 202317137072.852.39$13,343
Feb 20231846075.112.47$13,968
Jan 20231686076.533.39$13,060
Dec 202206076.415.73$344
Nov 20221936085.005.65$16,744
Oct 20221886087.185.86$16,742
Sep 202206084.888.16$490
Aug 20221756094.529.13$17,089
Jul 2022060101.587.54$453
Jun 202218060115.097.98$21,195
May 202217060109.378.43$19,099
Apr 202218060104.226.84$19,170
Mar 202219061108.885.08$20,997
Feb 202206191.054.86$296
Jan 20221826081.844.54$15,167
Dec 202118536071.323.90$14,598
Nov 20211796077.435.24$14,174
Oct 20211576179.795.71$12,876
Sep 202114272569.865.35$13,800
Aug 202117474466.024.22$14,628
Jul 202117474470.783.98$15,278
Jun 2021072069.493.38$2,434
May 202116575263.483.02$12,743
Apr 202117773060.362.76$12,697
Mar 2021076061.302.72$2,065
Feb 202117265557.805.55$13,576
Jan 20211801,10050.412.81$12,165
Dec 20201651,07044.642.68$10,228
Nov 2020074338.772.71$2,011
Oct 202016975636.972.48$8,122
Sep 202017888037.091.99$8,354
Aug 202001,12639.982.39$2,686
Jul 20201801,00438.371.83$8,739
Jun 20201751,01534.901.69$7,823
May 20201551,06716.921.81$4,559
Apr 20203111,12214.751.80$6,612
Mar 20201671,53330.341.86$7,912
Feb 20201521,68649.881.98$10,921
Jan 20203302,08857.252.09$23,266
Dec 20191682,17259.012.30$14,919
Nov 20193512,35855.302.75$25,896
Oct 20191471,97553.472.42$12,637
Sep 20193161,78555.052.66$22,139
Aug 20193501,94953.112.30$23,080
Jul 20193311,91356.272.46$23,331
Jun 20193331,66252.782.49$21,716
May 20193331,49058.482.74$23,557
Apr 20193542,71162.632.75$29,628
Mar 20195373,16656.803.06$40,196
Feb 20193132,15850.852.79$21,942
Jan 20195382,10046.033.23$31,543
Dec 20185283,02646.594.19$37,265
Nov 20185291,95752.934.24$36,292
Oct 20185302,87261.443.40$42,322
Sep 20184283,13959.543.11$35,239
Aug 20186813,48259.403.07$51,129
Jul 20181771,44665.142.93$15,769
Jun 20185321,42660.183.08$36,403
May 20183641,69565.382.90$28,715
Apr 20187321,28563.842.90$50,458
Mar 20183671,53261.222.79$26,737
Feb 20186973361.782.77$6,290
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 20131290102.523.72$13,225
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 2010028274.365.96$1,682
Dec 20093461,62471.445.48$33,624
Nov 20091591,83774.593.75$18,751
Oct 20093571,38972.544.11$31,606
Sep 20091782,40365.543.06$19,031
Aug 20093532,43367.423.22$31,630
Jul 20091791,14661.133.46$14,913
Jun 20093561,26066.163.90$28,461
May 20091761,20654.743.93$14,369
Apr 20091751,97846.773.59$15,281
Mar 20093562,04442.144.06$23,298
Feb 2009068732.814.63$3,183
Jan 20093071,84335.865.37$20,908
Dec 20081842,42137.105.98$21,297
Nov 20083451,99955.496.86$32,858
Oct 20083542,16175.246.92$41,593
Sep 20083601,209101.767.88$46,157
Aug 20083542,447114.228.48$61,192
Jul 20083422,299131.0811.39$71,014
Jun 20084902,242131.3313.03$93,571
May 20083622,382123.1711.57$72,158
Apr 20084362,646110.3110.45$75,759
Mar 20086742,616101.909.66$93,962
Feb 20083592,03892.538.77$51,093
Jan 20087161,91590.388.21$80,426
Dec 20073332,14688.337.30$45,084
Nov 20077072,54491.677.29$83,361
Oct 20076952,30182.856.92$73,508
Sep 20071,0553,09475.846.24$99,331
Aug 200735398169.066.39$30,645
Jul 20078991,52370.906.39$73,468
Jun 200749194862.007.55$37,598
May 200768973158.747.85$46,207
Apr 20078411,53159.617.81$62,082
Mar 20071,2741,68856.927.30$84,842
Feb 200773985755.108.22$47,760
Jan 200791899150.306.73$52,842
Dec 200672174056.656.92$45,964
Nov 20061,0051,36854.207.62$64,892
Oct 20061,7962,17554.906.01$111,680
Sep 20061,6232,00960.085.04$107,630
Aug 20062,0862,02768.717.34$158,207
Jul 20061,2071,58569.376.34$93,783
Jun 200604266.286.38$268
May 200601,36666.016.42$8,777
Apr 2006090964.397.36$6,691
Mar 20060056.707.08$0
Feb 2006363357.597.75$20,928
Jan 20060060.598.93$0
Dec 2005017154.9413.42$2,294
Nov 20051822,50454.6910.59$36,467
Oct 20051843,87258.3413.80$64,152
Sep 20051553,53261.4512.08$52,188
Aug 20051814,32861.519.80$53,534
Jul 20053664,00355.697.84$51,781
Jun 20051745,00352.337.38$46,033
May 20053735,21745.226.65$51,566
Apr 20053534,91349.207.36$53,530
Mar 20053265,42950.377.15$55,264
Feb 20055243,95145.226.31$48,634
Jan 20055413,82343.166.32$47,519
Dec 20041854,38139.866.75$36,951
Nov 20043651,93545.286.33$28,777
Oct 20041831149.706.52$9,167
Sep 2004016,00443.245.28$84,564
Aug 20044015,80142.375.55$49,190
Jul 20047291,19438.286.08$35,171
Jun 20041,0692,65136.106.43$55,645
May 20041,0582,76537.486.49$57,611
Apr 20041,0991,35934.475.86$45,844
Mar 20041,2342,44634.365.53$55,927
Feb 20041,3811,13432.455.51$51,061
Jan 200451924132.036.30$18,142
Dec 20031,8804,89330.266.30$87,723
Nov 20032,9964,60028.804.60$107,423
Oct 20034,6934,30828.174.76$152,706
Sep 20030026.314.75$0

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.

Mar 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 89.75 =         $0
Casinghead gas       324 Mcf  × $  3.15 =     $1,020

────────────────────────────────────────────────────
Month total                                   $1,020

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/8828 is the state's own key, not one this site invented.