LAY

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the MCNEILL field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9261District 02Field 59934001OilCasinghead gasSaveExport
Value, all time
$1.2 M
Sep 2008 – May 2026
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
213
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1934-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition13,618 bbl$978,411
Casinghead gasProduction51,336 Mcf$208,857
Total$1,187,268

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 28.1620, -98.0438. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.16203, -98.04381 · 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
4,908 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 4,908 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-2973478314,908 ftJun 2008

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 (213)

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

213 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026176089.753.15$15,796
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025172058.593.93$10,077
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025184066.483.13$12,232
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025183067.704.27$12,389
Feb 20250070.884.34$0
Jan 202504774.324.28$201
Dec 202405168.993.12$159
Nov 202405069.052.20$110
Oct 202419011371.372.28$13,818
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202401878.082.63$47
May 2024011378.812.20$248
Apr 202417611784.451.66$15,057
Mar 20240080.301.55$0
Feb 2024176076.091.78$13,392
Jan 20240073.023.30$0
Dec 2023174071.262.61$12,399
Nov 20230077.892.81$0
Oct 2023178085.443.09$15,208
Sep 20230089.042.74$0
Aug 2023170080.522.67$13,688
Jul 20230074.852.64$0
Jun 2023183068.962.26$12,620
May 20230070.622.23$0
Apr 2023186078.122.24$14,530
Mar 20230072.852.39$0
Feb 2023180075.112.47$13,520
Jan 2023191076.533.39$14,617
Dec 20220076.415.73$0
Nov 2022182085.005.65$15,470
Oct 2022172087.185.86$14,995
Sep 20220084.888.16$0
Aug 2022175094.529.13$16,541
Jul 20221780101.587.54$18,081
Jun 20221840115.097.98$21,177
May 202200109.378.43$0
Apr 20221590104.226.84$16,571
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 20198055.052.66$440
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019034152.782.49$850
May 2019030258.482.74$828
Apr 2019034062.632.75$935
Mar 2019014056.803.06$429
Feb 2019018650.852.79$519
Jan 2019015946.033.23$513
Dec 2018018946.594.19$791
Nov 2018018052.934.24$763
Oct 2018018061.443.40$612
Sep 2018020459.543.11$634
Aug 2018018559.403.07$567
Jul 2018016565.142.93$484
Jun 2018024560.183.08$754
May 2018024265.382.90$702
Apr 2018018863.842.90$545
Mar 2018012461.222.79$346
Feb 2018013061.782.77$360
Jan 20181749862.874.01$11,332
Dec 2017011757.272.92$342
Nov 2017020655.423.12$642
Oct 2017041749.292.98$1,244
Sep 2017034647.523.09$1,068
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 201605445.352.69$145
May 201616927542.521.99$7,733
Apr 2016032536.561.99$647
Mar 201616129733.011.79$5,847
Feb 2016019326.472.06$398
Jan 201615116627.352.36$4,522
Dec 2015024832.362.00$496
Nov 2015011938.792.17$258
Oct 2015011243.552.43$272
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201517014148.152.95$8,601
Jun 2015029356.152.88$845
May 201506555.212.96$192
Apr 201508349.822.71$225
Mar 2015015142.892.93$443
Feb 2015023644.662.98$702
Jan 2015020943.433.10$648
Dec 201417411154.693.59$9,915
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 2014110094.734.73$10,420
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014188097.406.19$18,311
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013180097.423.78$17,536
Sep 201300104.113.72$0
Aug 20130125104.253.52$440
Jul 20130128102.523.72$476
Jun 2013025294.403.93$991
May 201318231194.834.15$18,549
Apr 2013030793.964.28$1,315
Mar 2013027793.623.91$1,084
Feb 2013036391.233.42$1,241
Jan 201318131791.603.42$17,664
Dec 2012032286.773.42$1,101
Nov 2012035186.953.62$1,272
Oct 2012034089.383.40$1,156
Sep 201216633594.672.92$16,693
Aug 201217044692.662.91$17,049
Jul 2012048785.133.02$1,471
Jun 2012040379.822.52$1,015
May 201218649291.612.49$18,264
Apr 20120508101.652.00$1,014
Mar 20120534105.052.22$1,187
Feb 2012165629101.102.57$18,298
Jan 2012060598.092.73$1,654
Dec 201115260196.873.24$16,671
Nov 2011053795.723.31$1,778
Oct 201117563184.983.65$17,174
Sep 201117558183.623.99$16,949
Aug 2011079783.404.15$3,307
Jul 201119069294.144.52$21,013
Jun 2011073792.904.64$3,420
May 201115369498.134.40$18,071
Apr 2011184734105.964.33$22,677
Mar 201117074296.364.06$19,392
Feb 2011059785.644.18$2,495
Jan 201117277686.504.59$18,439
Dec 2010080485.734.35$3,496
Nov 201017572580.843.80$16,899
Oct 201017075678.103.51$15,930
Sep 2010085972.633.98$3,418
Aug 201035592373.684.42$30,235
Jul 201017085672.554.74$16,388
Jun 20101691,38470.364.91$18,687
May 20101721,02171.124.24$16,557
Apr 20101691,04281.694.12$18,101
Mar 20101731,17778.394.39$18,727
Feb 20103491,19673.585.44$32,188
Jan 20103281,29474.365.96$32,108
Dec 20091581,12871.445.48$17,473
Nov 200901674.593.75$60
Oct 200918458372.544.11$15,744
Sep 200917583265.543.06$14,019
Aug 200917479867.423.22$14,299
Jul 2009099561.133.46$3,447
Jun 20093511,13666.163.90$27,647
May 200918776554.743.93$13,240
Apr 20091891,23446.773.59$13,267
Mar 20095341,31742.144.06$27,848
Feb 20093611,21332.814.63$17,464
Jan 20095331,92535.865.37$29,453
Dec 200852660337.105.98$23,119
Nov 20081771,13555.496.86$17,608
Oct 20083641,08175.246.92$34,870
Sep 20080616101.767.88$4,852

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                  176 bbl  × $ 89.75 =    $15,796
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $15,796

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/9261 is the state's own key, not one this site invented.