FANNIN, M.G. UNIT #2

Operated by SOUTHWEST OPERATING, INC.-TYLER (P-5 806415) in the DAY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25278District 03Field 23562001OilCasinghead gasSaveExport
Value, all time
$4.0 M
Feb 2009 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
208
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 40 wells, and the rule below applies to all of them.

Discovered
1948-07-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 04/01/87.

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
OilDisposition55,887 bbl$3,870,403
Casinghead gasProduction26,396 Mcf$105,802
Total$3,976,205

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 30.9337, -95.9478. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

30.93374, -95.94778 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,556 ft
2 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.
2100.0%

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 8,301 and 8,811 ft, median 8,556 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1978 – Dec 1981
2 of 2 wells

2 wells

42-3133034138,811 ftDec 1981
42-3133021518,301 ftNov 1978

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 (208)

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

208 months

May 20261830106.413.05$19,473
Apr 20260098.932.87$0
Mar 2026168089.753.15$15,078
Feb 20260063.503.75$0
Jan 2026178059.138.00$10,525
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025179059.383.30$10,629
Sep 2025195062.743.08$12,234
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025183060.553.23$11,081
Apr 2025176062.363.54$10,975
Mar 2025177067.704.27$11,983
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024181068.993.12$12,487
Nov 20240069.052.20$0
Oct 2024337071.372.28$24,052
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024178079.932.15$14,228
Jun 2024171078.082.63$13,352
May 2024184078.812.20$14,501
Apr 2024181084.451.66$15,285
Mar 2024170080.301.55$13,651
Feb 2024172076.091.78$13,087
Jan 20240073.023.30$0
Dec 2023176071.262.61$12,542
Nov 20230077.892.81$0
Oct 2023178085.443.09$15,208
Sep 20230089.042.74$0
Aug 2023163080.522.67$13,125
Jul 2023187074.852.64$13,997
Jun 20230068.962.26$0
May 2023338070.622.23$23,870
Apr 2023228078.122.24$17,811
Mar 2023199072.852.39$14,497
Feb 2023176075.112.47$13,219
Jan 2023358076.533.39$27,398
Dec 20220076.415.73$0
Nov 2022358085.005.65$30,430
Oct 2022351087.185.86$30,600
Sep 2022178084.888.16$15,109
Aug 2022362094.529.13$34,216
Jul 20221870101.587.54$18,995
Jun 202200115.097.98$0
May 20221560109.378.43$17,062
Apr 20225240104.226.84$54,611
Mar 202200108.885.08$0
Feb 2022344091.054.86$31,321
Jan 2022360081.844.54$29,462
Dec 20210071.323.90$0
Nov 2021168077.435.24$13,008
Oct 20210079.795.71$0
Sep 2021169069.865.35$11,806
Aug 20210066.024.22$0
Jul 2021168070.783.98$11,891
Jun 20210069.493.38$0
May 2021339063.483.02$21,520
Apr 2021169060.362.76$10,201
Mar 2021181061.302.72$11,095
Feb 20210057.805.55$0
Jan 2021171050.412.81$8,620
Dec 2020169044.642.68$7,544
Nov 2020348038.772.71$13,492
Oct 20200036.972.48$0
Sep 2020187037.091.99$6,936
Aug 2020179039.982.39$7,156
Jul 2020362038.371.83$13,890
Jun 20200034.901.69$0
May 2020177016.921.81$2,995
Apr 2020175014.751.80$2,581
Mar 2020366030.341.86$11,104
Feb 20200049.881.98$0
Jan 2020341057.252.09$19,522
Dec 2019364059.012.30$21,480
Nov 2019172055.302.75$9,512
Oct 2019370053.472.42$19,784
Sep 2019179055.052.66$9,854
Aug 2019174053.112.30$9,241
Jul 2019182056.272.46$10,241
Jun 2019537052.782.49$28,343
May 2019539058.482.74$31,521
Apr 20190062.632.75$0
Mar 2019173056.803.06$9,826
Feb 2019354050.852.79$18,001
Jan 2019526046.033.23$24,212
Dec 2018180046.594.19$8,386
Nov 2018360052.934.24$19,055
Oct 2018182061.443.40$11,182
Sep 2018358059.543.11$21,315
Aug 2018533059.403.07$31,660
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018336061.222.79$20,570
Feb 2018371061.782.77$22,920
Jan 2018337062.874.01$21,187
Dec 2017370057.272.92$21,190
Nov 2017359055.423.12$19,896
Oct 2017185049.292.98$9,119
Sep 2017374047.523.09$17,772
Aug 2017357045.373.00$16,197
Jul 2017176043.873.09$7,721
Jun 2017359042.493.09$15,254
May 2017179045.373.26$8,121
Apr 2017364047.933.21$17,447
Mar 2017352046.772.98$16,463
Feb 2017361050.452.95$18,212
Jan 2017363049.413.42$17,936
Dec 2016366048.763.72$17,846
Nov 2016188042.492.64$7,988
Oct 2016359046.193.09$16,582
Sep 2016373041.553.10$15,498
Aug 2016372041.442.92$15,416
Jul 2016183041.622.92$7,616
Jun 2016369045.352.69$16,734
May 2016178042.521.99$7,569
Apr 2016178036.561.99$6,508
Mar 2016339033.011.79$11,190
Feb 2016335026.472.06$8,867
Jan 2016352027.352.36$9,627
Dec 2015365032.362.00$11,811
Nov 2015187038.792.17$7,254
Oct 2015301043.552.43$13,109
Sep 2015367042.992.76$15,777
Aug 2015186040.162.87$7,470
Jul 2015367048.152.95$17,671
Jun 2015197056.152.88$11,062
May 2015381055.212.96$21,035
Apr 2015366049.822.71$18,234
Mar 2015175042.892.93$7,506
Feb 2015227044.662.98$10,138
Jan 20150043.433.10$0
Dec 20145119354.693.59$28,281
Nov 2014178070.464.25$12,542
Oct 2014191078.303.90$14,955
Sep 2014170086.164.05$14,647
Aug 2014308089.394.04$27,532
Jul 2014186096.564.18$17,960
Jun 2014158098.164.74$15,509
May 20141591894.734.73$15,147
Apr 20143371295.944.81$32,389
Mar 2014170195.895.06$16,306
Feb 20143463797.406.19$33,930
Jan 201430823290.404.86$28,971
Dec 201318011991.824.35$17,046
Nov 2013153088.853.74$13,594
Oct 201341510697.423.78$40,830
Sep 201335232104.113.72$36,766
Aug 201334512104.253.52$36,009
Jul 201348758102.523.72$50,143
Jun 20135085394.403.93$48,164
May 2013346094.834.15$32,811
Apr 20136702993.964.28$63,077
Mar 20133271393.623.91$30,665
Feb 20133422791.233.42$31,293
Jan 2013550691.603.42$50,401
Dec 2012343086.773.42$29,762
Nov 20123731886.953.62$32,498
Oct 20120089.383.40$0
Sep 20120194.672.92$3
Aug 20120092.662.91$0
Jul 2012023685.133.02$713
Jun 2012021279.822.52$534
May 201220311191.612.49$18,873
Apr 2012366174101.652.00$37,551
Mar 2012350444105.052.22$37,754
Feb 2012532775101.102.57$55,777
Jan 201221315998.092.73$21,328
Dec 201141212896.873.24$40,325
Nov 201168162295.723.31$67,245
Oct 201134450884.983.65$31,087
Sep 201174542883.623.99$64,003
Aug 2011169083.404.15$14,095
Jul 201150153894.144.52$49,594
Jun 20115054,24192.904.64$66,592
May 20116651,01098.134.40$69,705
Apr 2011514395105.964.33$56,175
Mar 201134156896.364.06$35,163
Feb 201168478085.644.18$61,838
Jan 201134528986.504.59$31,169
Dec 201016916585.734.35$15,206
Nov 201033838580.843.80$28,785
Oct 201050726578.103.51$40,527
Sep 201033941772.633.98$26,281
Aug 201067139973.684.42$51,203
Jul 201016926572.554.74$13,516
Jun 201016420370.364.91$12,536
May 201050636471.124.24$37,528
Apr 201051454281.694.12$44,223
Mar 201058057778.394.39$47,998
Feb 201040442673.585.44$32,045
Jan 201035929974.365.96$28,479
Dec 200952565471.445.48$41,092
Nov 200953768874.593.75$42,636
Oct 200951444472.544.11$39,111
Sep 20095271,23965.543.06$38,337
Aug 20098811,18167.423.22$63,198
Jul 20097121,33161.133.46$48,136
Jun 200952686266.163.90$38,158
May 20095341,36154.743.93$34,574
Apr 200960763446.773.59$30,664
Mar 200991960942.144.06$41,199
Feb 200966060132.814.63$24,439

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
Oil                  183 bbl  × $106.41 =    $19,473
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,473

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/25278 is the state's own key, not one this site invented.