PLEASANT, ED, ET UX

Operated by MILESTONE OPERATING, INC. (P-5 567103) in the LOVELLS LAKE (FRIO 2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21441District 03Field 55184284OilCasinghead gasSaveExport
Value, all time
$7.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$120 k
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 19 leases and 78 wells, and the rule below applies to all of them.

Discovered
1942-07-12
as the register files it
Field class
Oil and gas
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 Commission's schedule remark for this field reads: 160 ACRES. BALANCING RULE IN EFFECT.

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
OilDisposition154,045 bbl$6,748,291
Casinghead gasProduction267,093 Mcf$908,218
Total$7,656,509

40,451 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 29.9438, -94.1307. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

29.94382, -94.13065 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
8,587 ft
2 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 7,808 and 9,365 ft, median 8,587 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2008 – Oct 2019
2 of 2 wells
Plug dates filed
Jul 1985
1 of 2 wells; 1 filed none

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2450180947,808 ftOct 2019Jul 1985Yes
42-2453242479,365 ftApr 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 (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 202620023289.753.15$18,681
Feb 202613220663.503.75$9,155
Jan 202614016859.138.00$9,622
Dec 202520518956.664.41$12,449
Nov 202513518858.593.93$8,648
Oct 202519318859.383.30$12,082
Sep 202513918062.743.08$9,275
Aug 202520918463.933.01$13,916
Jul 202516419066.743.32$11,575
Jun 202520718366.483.13$14,334
May 202513919960.553.23$9,060
Apr 202519419362.363.54$12,782
Mar 202520719867.704.27$14,859
Feb 202513013570.884.34$9,800
Jan 202520512274.324.28$15,758
Dec 202413815768.993.12$10,011
Nov 202418515069.052.20$13,104
Oct 202419015971.372.28$13,923
Sep 202418916569.612.36$13,546
Aug 202420117575.632.06$15,563
Jul 202420716279.932.15$16,893
Jun 202420917078.082.63$16,767
May 202418817078.812.20$15,190
Apr 202418216084.451.66$15,635
Mar 202420217680.301.55$16,493
Feb 202420317976.091.78$15,766
Jan 202420316873.023.30$15,377
Dec 202319919071.262.61$14,677
Nov 202311719977.892.81$9,672
Oct 202311722185.443.09$10,679
Sep 202318020889.042.74$16,596
Aug 202319323480.522.67$16,166
Jul 202318322174.852.64$14,281
Jun 202318219068.962.26$12,980
May 202318719670.622.23$13,643
Apr 202318019078.122.24$14,487
Mar 202322419472.852.39$16,783
Feb 202315515775.112.47$12,029
Jan 202315520876.533.39$12,567
Dec 202216620076.415.73$13,830
Nov 202215719985.005.65$14,469
Oct 202216021187.185.86$15,186
Sep 202221317584.888.16$19,508
Aug 202216319194.529.13$17,150
Jul 2022203190101.587.54$22,054
Jun 2022192213115.097.98$23,796
May 2022179272109.378.43$21,871
Apr 2022179263104.226.84$20,454
Mar 2022230251108.885.08$26,317
Feb 202218821891.054.86$18,177
Jan 202219526481.844.54$17,157
Dec 202119324371.323.90$14,712
Nov 202123323577.435.24$19,272
Oct 202119725279.795.71$17,159
Sep 202122925069.865.35$17,336
Aug 202117631066.024.22$12,928
Jul 202119930870.783.98$15,312
Jun 202121330869.493.38$15,843
May 202123031863.483.02$15,560
Apr 202116430960.362.76$10,751
Mar 202123129361.302.72$14,956
Feb 202113227957.805.55$9,177
Jan 202122730950.412.81$12,311
Dec 202019738944.642.68$9,835
Nov 202017443238.772.71$7,915
Oct 202017738636.972.48$7,500
Sep 202020637437.091.99$8,385
Aug 202014541439.982.39$6,785
Jul 202017349038.371.83$7,532
Jun 202020446034.901.69$7,897
May 202020448616.921.81$4,334
Apr 202023548514.751.80$4,341
Mar 202023948530.341.86$8,152
Feb 202021148549.881.98$11,485
Jan 202025953557.252.09$15,948
Dec 201926848759.012.30$16,937
Nov 201926951855.302.75$16,301
Oct 201924943253.472.42$14,359
Sep 201914131155.052.66$8,588
Aug 201923953553.112.30$13,926
Jul 201928453556.272.46$17,297
Jun 201928248552.782.49$16,092
May 201923642058.482.74$14,952
Apr 201924548362.632.75$16,673
Mar 201940382256.803.06$25,407
Feb 201940674250.852.79$22,717
Jan 201945882246.033.23$23,735
Dec 201834083346.594.19$19,327
Nov 201831576852.934.24$19,927
Oct 201834584161.443.40$24,055
Sep 201838989059.543.11$25,927
Aug 201832398659.403.07$22,210
Jul 201832189865.142.93$23,543
Jun 201832986660.183.08$22,464
May 201838189565.382.90$27,506
Apr 201828192063.842.90$20,608
Mar 201834890961.222.79$23,838
Feb 201832577161.782.77$22,211
Jan 201841981162.874.01$29,594
Dec 201736685457.272.92$23,456
Nov 201732786855.423.12$20,829
Oct 201733089649.292.98$18,939
Sep 201729060547.523.09$15,649
Aug 20172991,03945.373.00$16,687
Jul 20173321,09243.873.09$17,936
Jun 201733082442.493.09$16,566
May 201733192345.373.26$18,030
Apr 201733089047.933.21$18,675
Mar 201737388846.772.98$20,095
Feb 201728979650.452.95$16,930
Jan 201729389749.413.42$17,544
Dec 201636687248.763.72$21,092
Nov 201636492042.492.64$17,899
Oct 20164131,01246.193.09$22,204
Sep 20163621,00041.553.10$18,142
Aug 20163291,05941.442.92$16,731
Jul 20162701,05941.622.92$14,334
Jun 20163721,17045.352.69$20,013
May 20162411,17442.521.99$12,585
Apr 20163161,17036.561.99$13,882
Mar 20163311,20933.011.79$13,095
Feb 20163871,23126.472.06$12,784
Jan 20162831,12527.352.36$10,400
Dec 201515167932.362.00$6,245
Nov 201516263838.792.17$7,667
Oct 20153291,30843.552.43$17,502
Sep 20152861,14242.992.76$15,445
Aug 20153271,14040.162.87$16,407
Jul 20153351,17948.152.95$19,603
Jun 20152911,21056.152.88$19,828
May 20153141,17955.212.96$20,820
Apr 201525475449.822.71$14,695
Mar 201525784142.892.93$13,491
Feb 201529978344.662.98$15,684
Jan 201526680343.433.10$14,042
Dec 201428980654.693.59$18,700
Nov 201427388970.464.25$23,015
Oct 201427087678.303.90$24,558
Sep 201429396786.164.05$29,157
Aug 20142501,00889.394.04$26,415
Jul 20143411,04796.564.18$37,303
Jun 20143001,03798.164.74$34,360
May 20143061,13594.734.73$34,352
Apr 201434485295.944.81$37,101
Mar 201431286595.895.06$34,292
Feb 201431284897.406.19$35,640
Jan 20143121,00190.404.86$33,070
Dec 20133521,05791.824.35$36,923
Nov 201333685688.853.74$33,054
Oct 201334278197.423.78$36,269
Sep 2013314675104.113.72$35,200
Aug 2013389686104.253.52$42,970
Jul 2013429645102.523.72$46,379
Jun 201338668994.403.93$39,149
May 201338276494.834.15$39,395
Apr 201332081593.964.28$33,558
Mar 201333184693.623.91$34,299
Feb 201336574091.233.42$35,830
Jan 201342571491.603.42$41,372
Dec 201229785386.773.42$28,688
Nov 201234276086.953.62$32,492
Oct 201238187889.383.40$37,039
Sep 201237368094.672.92$37,296
Aug 201235570592.662.91$34,945
Jul 201235869085.133.02$32,561
Jun 201235887079.822.52$30,767
May 201241285791.612.49$39,876
Apr 2012350814101.652.00$37,203
Mar 2012423771105.052.22$46,149
Feb 2012397720101.102.57$41,987
Jan 201236678898.092.73$38,055
Dec 201142270496.873.24$43,160
Nov 201139180595.723.31$40,092
Oct 201139198484.983.65$36,817
Sep 201137880283.623.99$34,805
Aug 201140488983.404.15$37,382
Jul 201140588794.144.52$42,133
Jun 201140568092.904.64$40,780
May 201141195698.134.40$44,542
Apr 2011402838105.964.33$46,227
Mar 201149188196.364.06$50,887
Feb 201136780085.644.18$34,774
Jan 201139971086.504.59$37,772
Dec 201045187385.734.35$42,460
Nov 201044579980.843.80$39,006
Oct 201037067578.103.51$31,266
Sep 201045167172.633.98$35,426
Aug 201044769373.684.42$35,998
Jul 201040870572.554.74$32,940
Jun 201048760770.364.91$37,246
May 201028797771.124.24$24,549
Apr 201052972881.694.12$46,215
Mar 201044480178.394.39$38,320
Feb 201038974673.585.44$32,683
Jan 201035883674.365.96$31,607
Dec 200935186071.445.48$29,791
Nov 200934988674.593.75$29,356
Oct 200940695272.544.11$33,364
Sep 200933283065.543.06$24,303
Aug 200937594667.423.22$28,327
Jul 200941895961.133.46$28,875
Jun 200921676566.163.90$17,270
May 200927771354.743.93$17,962
Apr 200923453546.773.59$12,863
Mar 200930349842.144.06$14,790
Feb 200923944832.814.63$9,917
Jan 200931192835.865.37$16,137
Dec 200829959837.105.98$14,667
Nov 200826455555.496.86$18,457
Oct 200824345775.246.92$21,447
Sep 2008116144101.767.88$12,938
Aug 2008164396114.228.48$22,091
Jul 2008178476131.0811.39$28,754
Jun 2008243655131.3313.03$40,450
May 2008338430123.1711.57$46,608
Apr 2008265335110.3110.45$32,735
Mar 2008291406101.909.66$33,577
Feb 200826841592.538.77$28,438
Jan 200830328390.388.21$29,707
Dec 200732042388.337.30$31,354
Nov 200730849091.677.29$31,807
Oct 200728841382.856.92$26,720
Sep 200728269075.846.24$25,695
Aug 200726324269.066.39$19,709
Jul 200727838970.906.39$22,195
Jun 200726235162.007.55$18,894
May 200731338958.747.85$21,438
Apr 200728143259.617.81$20,122
Mar 200726267756.927.30$19,856
Feb 200725946455.108.22$18,083
Jan 200730337850.306.73$17,784
Dec 200630043856.656.92$20,025
Nov 200629434054.207.62$18,525
Oct 200635243254.906.01$21,923
Sep 200633139560.085.04$21,876
Aug 200632634168.717.34$24,902
Jul 200630939269.376.34$23,922
Jun 200628746566.286.38$21,991
May 200632551366.016.42$24,749
Apr 200630344064.397.36$22,749
Mar 200632136156.707.08$20,758
Feb 200635228857.597.75$22,504
Jan 200635646360.598.93$25,706
Dec 200530246354.9413.42$22,803
Nov 200526347554.6910.59$19,413
Oct 200521759058.3413.80$20,799
Sep 200519941061.4512.08$17,181
Aug 200533547861.519.80$25,289
Jul 200536048255.697.84$23,829
Jun 200531846952.337.38$20,103
May 200541272945.226.65$23,479
Apr 200539437649.207.36$22,152
Mar 200535338850.377.15$20,557
Feb 200537489845.226.31$22,580
Jan 200536161443.166.32$19,463
Dec 200449341939.866.75$22,480
Nov 200426690345.286.33$17,761
Oct 200416870049.706.52$12,910
Sep 200448643443.245.28$23,308
Aug 200429875142.375.55$16,795
Jul 200434872638.286.08$17,739
Jun 200434658936.106.43$16,280
May 200438569937.486.49$18,970
Apr 200434360734.475.86$15,379
Mar 200439649634.365.53$16,350
Feb 200440378532.455.51$17,402
Jan 200442455332.036.30$17,064
Dec 200341480230.266.30$17,582
Nov 200338677028.804.60$14,655
Oct 200334336528.174.76$11,400
Sep 200340583326.314.75$14,612
Aug 200345262929.765.13$16,678
Jul 200344554229.415.17$15,890
Jun 200336148328.565.98$13,200
May 200351565926.595.97$17,630
Apr 200336554526.675.41$12,682
Mar 200347158231.146.10$18,215
Feb 200338697233.487.93$20,627
Jan 20035001,15530.315.58$21,602
Dec 200243792126.914.85$16,230
Nov 200241340224.664.14$11,848
Oct 200243143726.464.23$13,252
Sep 200242281627.443.64$14,546
Aug 200246278525.963.16$14,477
Jul 200248896524.583.06$14,950
Jun 200245671623.733.34$13,211
May 200250196224.663.58$15,802
Apr 20025101,03123.653.51$15,683
Mar 200248594322.003.10$13,596
Feb 20025471,88118.222.38$14,435
Jan 200254272417.172.38$11,026
Dec 200165263116.932.36$12,530
Nov 200146065818.072.41$9,895
Oct 200156091819.782.53$13,398
Sep 200149988824.262.25$14,105
Aug 200157144824.873.05$15,569
Jul 200160870023.933.20$16,787
Jun 200162652024.563.82$17,363
May 20015381,04625.524.31$18,235
Apr 200158066824.685.34$17,878
Mar 200163497424.545.38$20,795
Feb 200152867727.755.77$18,556
Jan 200156581627.478.40$22,374
Dec 20007171,17626.889.12$30,001
Nov 20006141,02232.215.66$25,559
Oct 20006281,01031.235.15$24,809
Sep 20006491,30231.875.19$27,436
Aug 200062174329.644.54$21,780
Jul 200069091728.534.09$23,436
Jun 200076398929.304.40$26,705
May 200062155727.263.68$18,978
Apr 200074462524.513.12$20,183
Mar 200081295528.422.86$25,808
Feb 200069968127.622.73$21,163
Jan 200079246225.272.48$21,160
Dec 199981940824.282.42$20,874
Nov 199976074523.192.43$19,438
Oct 199984574220.982.80$19,808
Sep 199983873321.752.62$20,146
Aug 199974961119.262.88$16,183
Jul 199993383217.892.37$18,665
Jun 199994659515.942.36$16,485
May 199987763015.792.32$15,310
Apr 199986664915.102.21$14,510
Mar 199982160312.471.84$11,346
Feb 19998556849.981.82$9,776
Jan 199991988110.381.90$11,213
Dec 19988615399.201.77$8,877
Nov 199868854110.892.19$8,675
Oct 199874557712.421.97$10,389
Sep 199869352512.592.08$9,818
Aug 199874763811.301.91$9,658
Jul 199870150911.742.24$9,369
Jun 199869742911.242.24$8,794
May 199874281012.622.21$11,151
Apr 199873382713.042.51$11,630
Mar 19988081,06212.802.31$12,795
Feb 19987321,02113.952.30$12,559
Jan 19987721,19414.702.15$13,921
Dec 19977981,13916.322.41$15,770
Nov 199776694118.193.09$16,840
Oct 19977151,00319.253.15$16,923
Sep 199769659217.742.95$14,096
Aug 19976571,13217.862.55$14,626
Jul 19976871,19117.582.25$14,754
Jun 19976371,15917.242.26$13,598
May 19977431,31118.972.31$17,121
Apr 19976631,32117.882.08$14,606
Mar 19976671,08818.951.94$14,749
Feb 199753594320.492.21$13,042
Jan 19975551,14723.483.54$17,091
Dec 19966401,24123.32$14,925
Nov 19965351,16921.97$11,754
Oct 19965911,22323.31$13,776
Sep 19965451,29522.22$12,110
Aug 19964201,17320.26$8,509
Jul 199659195419.55$11,554
Jun 199660654418.73$11,350
May 199661172919.43$11,872
Apr 199645577521.51$9,787
Mar 199646663119.38$9,031
Feb 19965181,32416.98$8,796
Jan 19964811,68417.07$8,211
Dec 19954881,71017.19$8,389
Nov 19955551,80716.00$8,880
Oct 19955611,33415.43$8,656
Sep 19955541,30516.18$8,964
Aug 19956431,54015.92$10,237
Jul 19957551,44415.24$11,506
Jun 19958081,30316.41$13,259
May 19959281,70617.56$16,296
Apr 19958191,75717.73$14,521
Mar 19951,03579216.44$17,015
Feb 199574960216.58$12,418
Jan 199583989415.92$13,357
Dec 199451078315.03$7,665
Nov 199450870915.90$8,077
Oct 199448771015.58$7,587
Sep 19944231,05915.29$6,468
Aug 19945411,04016.13$8,726
Jul 199429746217.56$5,215
Jun 199430195217.09$5,144
May 199427438815.88$4,351
Apr 199432728614.14$4,624
Mar 199429714712.46$3,701
Feb 199416820212.50$2,100
Jan 199413816212.66$1,747
Dec 1993697412.33$851
Nov 19931348914.49$1,942
Oct 199328218915.85$4,470
Sep 199337135415.03$5,576
Aug 199336680815.66$5,732
Jul 199336120115.46$5,581
Jun 199339121016.79$6,565
May 199323427817.68$4,137
Apr 199341689918.05$7,509
Mar 199350341518.14$9,124
Feb 199344782217.90$8,001
Jan 199338227616.93$6,467

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                  200 bbl  × $ 89.75 =    $17,950
Casinghead gas       232 Mcf  × $  3.15 =       $731

────────────────────────────────────────────────────
Month total                                  $18,681

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/21441 is the state's own key, not one this site invented.