PLESANT, E.D.

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

Oil lease lease 25545District 03Field 55184426OilCasinghead gasSaveExport
Value, all time
$2.1 M
Feb 2009 – May 2026
Value, last 12 filed months
$0
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 15 leases and 53 wells, and the rule below applies to all of them.

Discovered
1948-02-04
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 field rule took effect on 1966-01-21.

The Commission's schedule remark for this field reads: PER ORDER 3-835 EFF 8-5-39, RULES ADOPTED.

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
OilDisposition15,510 bbl$1,307,867
Casinghead gasProduction224,127 Mcf$827,727
Total$2,135,594

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 29.9440, -94.1297. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

29.94399, -94.12971 · 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
8,592 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 7,834 and 9,350 ft, median 8,592 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2010 – Nov 2023
2 of 2 wells

2 wells

42-245017321D7,834 ftNov 2023
42-2453253889,350 ftOct 2010

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 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 20164633433.011.79$2,118
Feb 20161392,03726.472.06$7,883
Jan 20161292,14327.352.36$8,595
Dec 20151762,02332.362.00$9,744
Nov 20151432,24338.792.17$10,408
Oct 20151422,02343.552.43$11,093
Sep 20151061,95042.992.76$9,936
Aug 20151322,42440.162.87$12,264
Jul 20151632,91648.152.95$16,436
Jun 20151743,08056.152.88$18,649
May 20151773,01655.212.96$18,686
Apr 20151611,45149.822.71$11,948
Mar 20151631,48342.892.93$11,343
Feb 20151441,37244.662.98$10,514
Jan 201511496443.433.10$7,940
Dec 20141841,61454.693.59$15,859
Nov 20141721,56970.464.25$18,790
Oct 20141701,54378.303.90$19,330
Sep 20141871,75586.164.05$23,212
Aug 20141731,86889.394.04$23,002
Jul 20142031,93796.564.18$27,698
Jun 20141381,81198.164.74$22,125
May 20141411,98494.734.73$22,734
Apr 20141631,76195.944.81$24,107
Mar 20141561,82295.895.06$24,172
Feb 20141561,58397.406.19$24,996
Jan 20141561,76090.404.86$22,657
Dec 20131771,82191.824.35$24,182
Nov 20131752,00488.853.74$23,040
Oct 20131581,97097.423.78$22,838
Sep 20131401,810104.113.72$21,305
Aug 20131701,799104.253.52$24,060
Jul 20131871,869102.523.72$26,120
Jun 20131681,88494.403.93$23,270
May 20131682,13594.834.15$24,790
Apr 20131482,34093.964.28$23,927
Mar 20131552,12793.623.91$22,834
Feb 20131702,13691.233.42$22,814
Jan 20132202,24491.603.42$27,826
Dec 20121642,43186.773.42$22,545
Nov 20121872,63086.953.62$25,793
Oct 20121922,93189.383.40$27,125
Sep 20122072,33594.672.92$26,411
Aug 20121822,49392.662.91$24,114
Jul 20121722,99385.133.02$23,684
Jun 20121803,09079.822.52$22,151
May 20121933,10991.612.49$25,417
Apr 20121753,255101.652.00$24,288
Mar 20122343,953105.052.22$33,366
Feb 20122754,688101.102.57$39,852
Jan 20122735,05898.092.73$40,608
Dec 20112775,05696.873.24$43,213
Nov 20112805,74095.723.31$45,808
Oct 20113256,16384.983.65$50,104
Sep 20113126,23083.623.99$50,921
Aug 20113776,40883.404.15$58,031
Jul 20114096,12094.144.52$66,149
Jun 20114644,92492.904.64$65,952
May 20114028,18798.134.40$75,511
Apr 20115048,996105.964.33$92,386
Mar 20116399,66196.364.06$100,772
Feb 20115989,51285.644.18$90,973
Jan 201165311,09786.504.59$107,406
Dec 20107089,92285.734.35$103,835
Nov 20108239,86680.843.80$103,976
Oct 20101612,67478.103.51$21,957
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

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 2016 — as filed, then multipliedworked
Oil                   46 bbl  × $ 33.01 =     $1,518
Casinghead gas       334 Mcf  × $  1.79 =       $599

────────────────────────────────────────────────────
Month total                                   $2,118

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/25545 is the state's own key, not one this site invented.