PAULUS ESTATE

Operated by TWO BIT OPERATING COMPANY LLC (P-5 100623) in the S. L. P. (NAVARRO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 223657District 03Field 79289700CondensateGasSaveExport
Value, all time
$1.3 M
Oct 2006 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
236
no gaps in the span
Streams
2
condensate, 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
1980-02-04
as the register files it
Field class
Gas
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
CondensateDisposition707 bbl$50,122
GasProduction266,993 Mcf$1,263,706
Total$1,313,828

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 29.7103, -97.1953. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.71028, -97.19533 · 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
6,702 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 6,702 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-1493316716,702 ftOct 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 (236)

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

236 months

May 20260872106.413.05$2,656
Apr 2026086998.932.87$2,494
Mar 202601,02089.753.15$3,212
Feb 202601,01963.503.75$3,822
Jan 20260059.138.00$0
Dec 2025046656.664.41$2,057
Nov 2025082058.593.93$3,220
Oct 2025085859.383.30$2,836
Sep 2025083162.743.08$2,557
Aug 2025083863.933.01$2,526
Jul 2025085866.743.32$2,844
Jun 2025079566.483.13$2,487
May 2025087260.553.23$2,819
Apr 2025084762.363.54$3,001
Mar 2025098367.704.27$4,196
Feb 202501,32270.884.34$5,739
Jan 20250074.324.28$0
Dec 2024046968.993.12$1,464
Nov 2024084069.052.20$1,847
Oct 2024088571.372.28$2,019
Sep 2024090369.612.36$2,135
Aug 202401,11375.632.06$2,297
Jul 2024047079.932.15$1,009
Jun 2024096978.082.63$2,552
May 202401,21078.812.20$2,660
Apr 2024025184.451.66$416
Mar 2024088980.301.55$1,374
Feb 2024084676.091.78$1,509
Jan 2024090673.023.30$2,988
Dec 2023092871.262.61$2,423
Nov 2023085677.892.81$2,403
Oct 2023093085.443.09$2,871
Sep 2023094589.042.74$2,585
Aug 2023099880.522.67$2,668
Jul 2023082474.852.64$2,177
Jun 2023075368.962.26$1,701
May 202301,00270.622.23$2,232
Apr 202301,00278.122.24$2,242
Mar 202301,04972.852.39$2,510
Feb 2023094775.112.47$2,335
Jan 202301,03076.533.39$3,489
Dec 202201,03376.415.73$5,918
Nov 2022096985.005.65$5,471
Oct 2022098187.185.86$5,752
Sep 202201,07084.888.16$8,735
Aug 202201,11994.529.13$10,213
Jul 202201,163101.587.54$8,771
Jun 2022631,092115.097.98$15,962
May 202201,150109.378.43$9,698
Apr 202201,118104.226.84$7,644
Mar 202201,183108.885.08$6,005
Feb 202201,08891.054.86$5,286
Jan 202201,20681.844.54$5,472
Dec 202101,24371.323.90$4,847
Nov 202101,13277.435.24$5,928
Oct 202101,25979.795.71$7,194
Sep 202101,23469.865.35$6,603
Aug 202101,34266.024.22$5,664
Jul 202101,46170.783.98$5,818
Jun 202101,66269.493.38$5,619
May 202101,72563.483.02$5,205
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 2019082556.803.06$2,526
Feb 2019082550.852.79$2,304
Jan 2019081546.033.23$2,631
Dec 2018077546.594.19$3,244
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201802065.142.93$59
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018951063.842.90$6,094
Mar 2018049261.222.79$1,371
Feb 2018098561.782.77$2,725
Jan 201801,05862.874.01$4,242
Dec 201701,12957.272.92$3,298
Nov 201701,01455.423.12$3,162
Oct 201701,12449.292.98$3,354
Sep 201701,08847.523.09$3,359
Aug 201701,22145.373.00$3,668
Jul 201701,15943.873.09$3,578
Jun 201701,13242.493.09$3,495
May 201701,20045.373.26$3,916
Apr 201701,08947.933.21$3,497
Mar 201701,40046.772.98$4,177
Feb 201701,14750.452.95$3,387
Jan 201701,30249.413.42$4,451
Dec 2016078648.763.72$2,926
Nov 201601,15642.492.64$3,057
Oct 201601,15646.193.09$3,572
Sep 201601,22741.553.10$3,804
Aug 201601,21241.442.92$3,544
Jul 201601,27841.622.92$3,737
Jun 201601,36945.352.69$3,677
May 201601,91542.521.99$3,813
Apr 2016028636.561.99$569
Mar 20160033.011.79$0
Feb 2016086626.472.06$1,787
Jan 201601,27127.352.36$3,005
Dec 201501,19532.362.00$2,392
Nov 201501,30938.792.17$2,837
Oct 201501,41843.552.43$3,441
Sep 201501,10542.992.76$3,048
Aug 201501,32340.162.87$3,800
Jul 201501,52548.152.95$4,491
Jun 201501,91356.152.88$5,515
May 201510787255.212.96$8,485
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015066143.433.10$2,050
Dec 201401,07354.693.59$3,854
Nov 201401,27270.464.25$5,408
Oct 201401,41378.303.90$5,512
Sep 201401,20786.164.05$4,883
Aug 201401,35889.394.04$5,480
Jul 201401,36996.564.18$5,722
Jun 201401,26798.164.74$6,002
May 201401,29794.734.73$6,130
Apr 201401,19095.944.81$5,723
Mar 201401,39595.895.06$7,054
Feb 2014086697.406.19$5,362
Jan 201401,30590.404.86$6,343
Dec 201301,26691.824.35$5,513
Nov 201301,34488.853.74$5,024
Oct 201301,38097.423.78$5,216
Sep 201301,326104.113.72$4,930
Aug 201301,364104.253.52$4,805
Jul 20130866102.523.72$3,220
Jun 2013079194.403.93$3,111
May 201301,21494.834.15$5,037
Apr 201301,04993.964.28$4,492
Mar 201303693.623.91$141
Feb 201301,51891.233.42$5,191
Jan 201301,24191.603.42$4,244
Dec 201202,93186.773.42$10,024
Nov 201201,39886.953.62$5,068
Oct 201201,27289.383.40$4,324
Sep 201201,26194.672.92$3,680
Aug 201201,45692.662.91$4,234
Jul 201201,18185.133.02$3,568
Jun 201201,48579.822.52$3,741
May 2012091191.612.49$2,267
Apr 201201,389101.652.00$2,774
Mar 20120943105.052.22$2,095
Feb 2012641,317101.102.57$9,855
Jan 201201,45198.092.73$3,967
Dec 201101,46396.873.24$4,740
Nov 201101,35295.723.31$4,477
Oct 201101,55884.983.65$5,684
Sep 201101,36383.623.99$5,433
Aug 201101,20983.404.15$5,017
Jul 201101,46394.144.52$6,609
Jun 201101,47992.904.64$6,862
May 201101,43698.134.40$6,325
Apr 201101,354105.964.33$5,867
Mar 201101,54196.364.06$6,252
Feb 201101,38685.644.18$5,793
Jan 201101,56086.504.59$7,159
Dec 201001,56685.734.35$6,809
Nov 201001,52980.843.80$5,803
Oct 2010721,60478.103.51$11,251
Sep 201001,56672.633.98$6,232
Aug 201001,56073.684.42$6,894
Jul 201001,28272.554.74$6,072
Jun 201001,41570.364.91$6,948
May 201001,66271.124.24$7,039
Apr 201001,45181.694.12$5,982
Mar 201001,70078.394.39$7,461
Feb 201001,60673.585.44$8,740
Jan 201001,56474.365.96$9,328
Dec 200901,44971.445.48$7,946
Nov 200901,61074.593.75$6,040
Oct 200901,82972.544.11$7,518
Sep 200901,81265.543.06$5,553
Aug 200901,92767.423.22$6,202
Jul 20091291,56561.133.46$13,308
Jun 200901,75666.163.90$6,840
May 200901,99854.743.93$7,844
Apr 200902,14746.773.59$7,702
Mar 200901,52042.144.06$6,170
Feb 200901,58432.814.63$7,339
Jan 200902,00435.865.37$10,763
Dec 200822,15537.105.98$12,955
Nov 200821,84155.496.86$12,741
Oct 200801,30575.246.92$9,033
Sep 20080843101.767.88$6,640
Aug 200812,201114.228.48$18,785
Jul 200802,391131.0811.39$27,232
Jun 200801,777131.3313.03$23,159
May 200802,166123.1711.57$25,070
Apr 200802,335110.3110.45$24,412
Mar 200802,473101.909.66$23,899
Feb 200802,34892.538.77$20,593
Jan 200802,43390.388.21$19,965
Dec 200702,55288.337.30$18,635
Nov 200702,53291.677.29$18,463
Oct 200702,62382.856.92$18,156
Sep 200702,20075.846.24$13,737
Aug 200722,52469.066.39$16,261
Jul 200712,76970.906.39$17,759
Jun 20071602,73262.007.55$30,542
May 200702,74058.747.85$21,499
Apr 200712,44459.617.81$19,136
Mar 200702,88756.927.30$21,081
Feb 200712,78955.108.22$22,970
Jan 200723,18450.306.73$21,519
Dec 200612,79356.656.92$19,380
Nov 200602,85654.207.62$21,756
Oct 2006466054.906.01$4,189

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  872 Mcf  × $  3.05 =     $2,656

────────────────────────────────────────────────────
Month total                                   $2,656

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. 03/G/223657 is the state's own key, not one this site invented.