DREI, INC.

Operated by BEJO CORPORATION (P-5 61990) in the PECAN GROVE, SW (8000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21038District 03Field 70074400OilCasinghead gasSaveExport
Value, all time
$5.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1991-03-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1985-01-21.

The Commission's schedule remark for this field reads: OPTIONAL 320 ACRES WITH MAX. DIAGONAL OF 6000.

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
OilDisposition114,186 bbl$5,255,777
Casinghead gasProduction671 Mcf$22
Total$5,255,799

662 Mcf of this lease's gas, across 40 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 (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 29.6257, -95.7592. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.62571, -95.75915 · 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
8,232 ft
1 wells filed one
Completion to plug
24.5 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 8,232 ft.

Completions filed
Mar 1991
1 of 1 wells
Plug dates filed
Sep 2015
1 of 1 wells

Last completion to plug: a median of 24.5 years across the 1 well that filed both dates, with the middle half between 24.5 years and 24.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1573185318,232 ftMar 1991Sep 2015Yes

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 (401)

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

401 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 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 2013549091.233.42$50,085
Jan 2013366091.603.42$33,526
Dec 2012187086.773.42$16,226
Nov 2012561086.953.62$48,779
Oct 2012174089.383.40$15,552
Sep 2012185094.672.92$17,514
Aug 2012369092.662.91$34,192
Jul 2012550085.133.02$46,822
Jun 2012372079.822.52$29,693
May 2012371091.612.49$33,987
Apr 20123750101.652.00$38,119
Mar 20123750105.052.22$39,394
Feb 20123760101.102.57$38,014
Jan 2012377098.092.73$36,980
Dec 2011562096.873.24$54,441
Nov 2011547095.723.31$52,359
Oct 2011559084.983.65$47,504
Sep 2011362083.623.99$30,270
Aug 2011711083.404.15$59,297
Jul 2011181094.144.52$17,039
Jun 2011545092.904.64$50,631
May 2011552098.134.40$54,168
Apr 20113680105.964.33$38,993
Mar 2011376096.364.06$36,231
Feb 2011183085.644.18$15,672
Jan 2011559086.504.59$48,354
Dec 2010710085.734.35$60,868
Nov 2010543080.843.80$43,896
Oct 2010365078.103.51$28,507
Sep 2010726072.633.98$52,729
Aug 2010544073.684.42$40,082
Jul 2010550072.554.74$39,903
Jun 2010716070.364.91$50,378
May 2010536071.124.24$38,120
Apr 2010564081.694.12$46,073
Mar 2010575078.394.39$45,074
Feb 2010191073.585.44$14,054
Jan 2010369074.365.96$27,439
Dec 2009674071.445.48$48,151
Nov 2009373074.593.75$27,822
Oct 2009549072.544.11$39,824
Sep 2009676065.543.06$44,305
Aug 2009515067.423.22$34,721
Jul 2009634061.133.46$38,756
Jun 2009670066.163.90$44,327
May 2009512054.743.93$28,027
Apr 2009217046.773.59$10,149
Mar 2009680042.144.06$28,655
Feb 2009626032.814.63$20,539
Jan 2009194035.865.37$6,957
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008123075.246.92$9,255
Sep 20086940101.767.88$70,621
Aug 20086520114.228.48$74,471
Jul 20087350131.0811.39$96,344
Jun 200800131.3313.03$0
May 2008300123.1711.57$3,695
Apr 20085140110.3110.45$56,699
Mar 20081660101.909.66$16,915
Feb 200844092.538.77$4,071
Jan 2008104090.388.21$9,400
Dec 2007337088.337.30$29,767
Nov 2007374091.677.29$34,285
Oct 2007753082.856.92$62,386
Sep 2007940075.846.24$71,290
Aug 2007976069.066.39$67,403
Jul 2007781070.906.39$55,373
Jun 2007967062.007.55$59,954
May 2007691058.747.85$40,589
Apr 20071,083059.617.81$64,558
Mar 2007825056.927.30$46,959
Feb 2007174055.108.22$9,587
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006252054.207.62$13,658
Oct 2006579054.906.01$31,787
Sep 2006464060.085.04$27,877
Aug 2006889068.717.34$61,083
Jul 20061,090069.376.34$75,613
Jun 20061,311066.286.38$86,893
May 20061,031066.016.42$68,056
Apr 20061,002064.397.36$64,519
Mar 20061,056056.707.08$59,875
Feb 20061,281057.597.75$73,773
Jan 20061,089060.598.93$65,983
Dec 20051,290054.9413.42$70,873
Nov 2005740054.6910.59$40,471
Oct 20051,086058.3413.80$63,357
Sep 20051,057061.4512.08$64,953
Aug 20051,065061.519.80$65,508
Jul 20051,067055.697.84$59,421
Jun 2005902052.337.38$47,202
May 20051,100045.226.65$49,742
Apr 2005895049.207.36$44,034
Mar 20051,247050.377.15$62,811
Feb 20051,102045.226.31$49,832
Jan 20052,423043.166.32$104,577
Dec 2004924039.866.75$36,831
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004172043.245.28$7,437
Aug 2004863042.375.55$36,565
Jul 20041,448038.286.08$55,429
Jun 20041,290036.106.43$46,569
May 20041,282037.486.49$48,049
Apr 2004374034.475.86$12,892
Mar 2004180034.365.53$6,185
Feb 20040032.455.51$0
Jan 2004173032.036.30$5,541
Dec 2003178030.266.30$5,386
Nov 2003358028.804.60$10,310
Oct 20030028.174.76$0
Sep 2003194026.314.75$5,104
Aug 20030029.765.13$0
Jul 2003354029.415.17$10,411
Jun 2003534028.565.98$15,251
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003174031.146.10$5,418
Feb 2003179033.487.93$5,993
Jan 20030030.315.58$0
Dec 2002179026.914.85$4,817
Nov 20020024.664.14$0
Oct 2002170026.464.23$4,498
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002173024.583.06$4,252
Jun 2002534023.733.34$12,672
May 2002719024.663.58$17,731
Apr 20021,273023.653.51$30,106
Mar 2002708022.003.10$15,576
Feb 2002773018.222.38$14,084
Jan 2002539017.172.38$9,255
Dec 2001361016.932.36$6,112
Nov 20011,283018.072.41$23,184
Oct 2001894019.782.53$17,683
Sep 2001561024.262.25$13,610
Aug 2001873024.873.05$21,712
Jul 2001378023.933.20$9,046
Jun 2001742024.563.82$18,224
May 20013025.524.31$77
Apr 200113024.685.34$321
Mar 200113024.545.38$319
Feb 2001183027.755.77$5,078
Jan 20013027.478.40$82
Dec 20002026.889.12$54
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000170031.875.19$5,418
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20001029.304.40$29
May 2000185027.263.68$5,043
Apr 2000254024.513.12$6,226
Mar 2000362028.422.86$10,288
Feb 20000027.622.73$0
Jan 2000163025.272.48$4,119
Dec 1999475024.282.42$11,533
Nov 1999534023.192.43$12,383
Oct 1999516020.982.80$10,826
Sep 1999518021.752.62$11,267
Aug 1999871019.262.88$16,775
Jul 1999177017.892.37$3,167
Jun 1999531015.942.36$8,464
May 1999359015.792.32$5,669
Apr 1999344015.102.21$5,194
Mar 1999369012.471.84$4,601
Feb 199918209.981.82$1,816
Jan 1999151010.381.90$1,567
Dec 199836809.201.77$3,386
Nov 1998739010.892.19$8,048
Oct 1998523012.421.97$6,496
Sep 1998551012.592.08$6,937
Aug 1998689011.301.91$7,786
Jul 1998427111.742.24$5,015
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998375113.952.30$5,234
Jan 1998184114.702.15$2,707
Dec 1997224016.322.41$3,656
Nov 1997186018.193.09$3,383
Oct 1997547119.253.15$10,533
Sep 1997545117.742.95$9,671
Aug 1997377117.862.55$6,736
Jul 1997724017.582.25$12,728
Jun 1997365117.242.26$6,295
May 1997539118.972.31$10,227
Apr 1997543117.882.08$9,711
Mar 1997731018.951.94$13,852
Feb 19971020.492.21$20
Jan 1997362023.483.54$8,500
Dec 1996550023.32$12,826
Nov 1996541021.97$11,886
Oct 1996553123.31$12,890
Sep 1996540122.22$11,999
Aug 1996536120.26$10,859
Jul 1996366119.55$7,155
Jun 1996726118.73$13,598
May 1996368119.43$7,150
Apr 1996549121.51$11,809
Mar 1996549119.38$10,640
Feb 1996558116.98$9,475
Jan 1996545117.07$9,303
Dec 1995549117.19$9,437
Nov 1995730116.00$11,680
Oct 1995553115.43$8,533
Sep 1995519116.18$8,397
Aug 1995551115.92$8,772
Jul 1995537015.24$8,184
Jun 1995547016.41$8,976
May 1995543017.56$9,535
Apr 1995550117.73$9,752
Mar 1995538016.44$8,845
Feb 1995180116.58$2,984
Jan 19950115.92$0
Dec 19940115.03$0
Nov 1994374015.90$5,947
Oct 19940015.58$0
Sep 1994180115.29$2,752
Aug 1994350116.13$5,646
Jul 1994541117.56$9,500
Jun 1994560117.09$9,570
May 1994184115.88$2,922
Apr 1994547114.14$7,735
Mar 1994548112.46$6,828
Feb 1994545112.50$6,813
Jan 1994367112.66$4,646
Dec 1993558112.33$6,880
Nov 1993556114.49$8,056
Oct 1993552115.85$8,749
Sep 1993364115.03$5,471
Aug 1993546115.66$8,550
Jul 199356512515.46$8,735
Jun 199336811516.79$6,179
May 199379511717.68$14,056
Apr 19931846018.05$3,321
Mar 19931758518.14$3,175
Feb 19933789217.90$6,766
Jan 19931733516.93$2,929

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.

Feb 2013 — as filed, then multipliedworked
Oil                  549 bbl  × $ 91.23 =    $50,085
Casinghead gas         0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                  $50,085

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/21038 is the state's own key, not one this site invented.