MEDRANO

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the LE VERTE, SE. (9720) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11381District 03Field 52600500OilCasinghead gasSaveExport
Value, all time
$839 k
Jan 1993 – Mar 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
375
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 4 wells, and the rule below applies to all of them.

Discovered
1976-12-30
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
OilDisposition39,815 bbl$719,315
Casinghead gasProduction48,440 Mcf$119,514
Total$838,829

12,515 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 (2)

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 30.5257, -93.9034. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

30.52573, -93.90341 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
10,216 ft
2 wells filed one
Completion to plug
45.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 10,016 and 10,416 ft, median 10,216 ft, over the 2 wells that filed a depth.

Completions filed
Dec 1976 – May 1977
2 of 2 wells
Plug dates filed
Jul 2022
2 of 2 wells

Last completion to plug: a median of 45.4 years across the 2 wells that filed both dates, with the middle half between 45.3 years and 45.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-24130151210,416 ftMay 1977Jul 2022Yes
42-24130144110,016 ftDec 1976Jul 2022Yes

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 (375)

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

375 months

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 2023158072.852.39$11,510
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 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 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 200446032.455.51$1,493
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030330.315.58$17
Dec 200201426.914.85$68
Nov 20020324.664.14$12
Oct 200201426.464.23$59
Sep 200201127.443.64$40
Aug 200202525.963.16$79
Jul 200201824.583.06$55
Jun 200202123.733.34$70
May 200201724.663.58$61
Apr 200203123.653.51$109
Mar 200203522.003.10$109
Feb 200202818.222.38$67
Jan 200202817.172.38$67
Dec 20011808016.932.36$3,237
Nov 200107718.072.41$185
Oct 20015251,50019.782.53$14,178
Sep 200135239224.262.25$9,422
Aug 200101,22924.873.05$3,752
Jul 20017221,65523.933.20$22,569
Jun 200117022724.563.82$5,043
May 2001024125.524.31$1,038
Apr 200101724.685.34$91
Mar 200171666824.545.38$21,162
Feb 200101,78527.755.77$10,294
Jan 200101,26327.478.40$10,608
Dec 200018012226.889.12$5,951
Nov 2000015732.215.66$888
Oct 20007181,45631.235.15$29,915
Sep 20001681,34031.875.19$12,304
Aug 200029111229.644.54$9,134
Jul 2000042028.534.09$1,718
Jun 20005501,10929.304.40$20,992
May 20003682,08927.263.68$17,719
Apr 200018685424.513.12$7,220
Mar 2000050128.422.86$1,433
Feb 200037151127.622.73$11,640
Jan 200018115725.272.48$4,963
Dec 199954122224.282.42$13,674
Nov 1999077523.192.43$1,886
Oct 1999039020.982.80$1,093
Sep 1999013121.752.62$343
Aug 199950524319.262.88$10,425
Jul 199935990617.892.37$8,572
Jun 199971947415.942.36$12,581
May 1999030915.792.32$717
Apr 1999039915.102.21$881
Mar 19997011,12512.471.84$10,810
Feb 19998882,1249.981.82$12,723
Jan 199919768110.381.90$3,339
Dec 19987222109.201.77$7,015
Nov 199807010.892.19$153
Oct 199805812.421.97$114
Sep 1998054812.592.08$1,141
Aug 1998015611.301.91$298
Jul 1998065311.742.24$1,461
Jun 1998045211.242.24$1,011
May 1998031712.622.21$699
Apr 1998036213.042.51$907
Mar 19981811,54512.802.31$5,885
Feb 199833893413.952.30$6,862
Jan 199853383814.702.15$9,641
Dec 199772662716.322.41$13,360
Nov 199737069818.193.09$8,886
Oct 199737163319.253.15$9,136
Sep 19971,55288917.742.95$30,159
Aug 199717916817.862.55$3,626
Jul 1997021017.582.25$472
Jun 199704617.242.26$104
May 1997019718.972.31$455
Apr 19970317.882.08$6
Mar 19970018.951.94$0
Feb 1997016020.492.21$353
Jan 1997016223.483.54$573
Dec 199636122223.32$8,419
Nov 199654724021.97$12,018
Oct 199636017223.31$8,392
Sep 199636222622.22$8,044
Aug 199673118920.26$14,810
Jul 199653427519.55$10,440
Jun 199636512718.73$6,836
May 199637122419.43$7,209
Apr 199654322721.51$11,680
Mar 199637921819.38$7,345
Feb 199638121116.98$6,469
Jan 199655825017.07$9,525
Dec 199555726517.19$9,575
Nov 1995019316.00$0
Oct 199557129415.43$8,811
Sep 199573128016.18$11,828
Aug 199553728615.92$8,549
Jul 199553727415.24$8,184
Jun 199554530916.41$8,943
May 199574926617.56$13,152
Apr 199518117517.73$3,209
Mar 199554117716.44$8,894
Feb 199519226116.58$3,183
Jan 199572032615.92$11,462
Dec 199454028015.03$8,116
Nov 199453831015.90$8,554
Oct 199454922115.58$8,553
Sep 199470727415.29$10,810
Aug 199435429616.13$5,710
Jul 199471029317.56$12,468
Jun 199453025717.09$9,058
May 199454128815.88$8,591
Apr 199454628814.14$7,720
Mar 199454526612.46$6,791
Feb 199468834312.50$8,600
Jan 199455329112.66$7,001
Dec 199354029412.33$6,658
Nov 199371626914.49$10,375
Oct 199335823615.85$5,674
Sep 199370928315.03$10,656
Aug 199335228515.66$5,512
Jul 199389728915.46$13,868
Jun 199335729016.79$5,994
May 199357830517.68$10,219
Apr 199335729618.05$6,444
Mar 199372731618.14$13,188
Feb 199356726217.90$10,149
Jan 199373929616.93$12,511

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 2023 — as filed, then multipliedworked
Oil                  158 bbl  × $ 72.85 =    $11,510
Casinghead gas         0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                  $11,510

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/O/11381 is the state's own key, not one this site invented.