STARNES

Operated by PALMER PETROLEUM INC. (P-5 636222) in the FORT TRINIDAD, EAST (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25733District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$27.3 M
Apr 2012 – Mar 2025
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
156
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 310 leases and 403 wells, and the rule below applies to all of them.

Discovered
1965-04-27
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 80 acres. The field rule took effect on 2016-02-23.

The Commission's schedule remark for this field reads: DUE TO COMPUTER RESTRAINTS THE HIGHEST POSSIBLE TOP IS 3499

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
OilDisposition350,083 bbl$24,098,423
Casinghead gasProduction968,676 Mcf$3,158,693
Total$27,257,116

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 30.9987, -95.7365. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.99868, -95.73648 · 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
9,516 ft
1 wells filed one
Completion to plug
19.3 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 9,516 ft.

Completions filed
Mar 2005
1 of 1 wells
Plug dates filed
Jul 2024
1 of 1 wells

Last completion to plug: a median of 19.3 years across the 1 well that filed both dates, with the middle half between 19.3 years and 19.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3133078619,516 ftMar 2005Jul 2024Yes

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 (156)

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

156 months

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 2024148075.632.06$11,193
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 2024182076.091.78$13,848
Jan 20240873.023.30$26
Dec 20231831471.262.61$13,077
Nov 20231825077.892.81$14,316
Oct 20233565485.443.09$30,583
Sep 202305289.042.74$142
Aug 20235016080.522.67$40,501
Jul 20233466074.852.64$26,057
Jun 20231682268.962.26$11,635
May 202313070.622.23$137
Apr 20231893878.122.24$14,850
Mar 202336129872.852.39$27,012
Feb 202375458475.112.47$58,073
Jan 202331976576.533.39$27,005
Dec 20223406976.415.73$26,375
Nov 202251730785.005.65$45,678
Oct 202247145887.185.86$43,747
Sep 202246956284.888.16$44,397
Aug 202269945094.529.13$70,177
Jul 20223441,137101.587.54$43,519
Jun 2022512660115.097.98$64,191
May 20226832,296109.378.43$94,062
Apr 20226351,004104.226.84$73,045
Mar 202216730108.885.08$18,335
Feb 20226581,20891.054.86$65,780
Jan 20228541,59881.844.54$77,143
Dec 20211,0242,18171.323.90$81,536
Nov 20218704,01777.435.24$88,401
Oct 20211,0722,39479.795.71$99,214
Sep 20211,1233,28469.865.35$96,025
Aug 20211,6013,23766.024.22$119,360
Jul 20215522,81070.783.98$50,260
Jun 20211782869.493.38$12,464
May 20218841,62663.483.02$61,023
Apr 20211,1923,02960.362.76$80,304
Mar 20211,2143,00261.302.72$82,574
Feb 20216701,86657.805.55$49,078
Jan 20211,3732,89550.412.81$77,349
Dec 20201,5243,28544.642.68$76,820
Nov 20208373,75438.772.71$42,611
Oct 20201,3212,65636.972.48$55,420
Sep 20208242,60737.091.99$35,753
Aug 20209852,64239.982.39$45,682
Jul 20201,0022,62938.371.83$43,245
Jun 20208412,61834.901.69$33,776
May 20201,2004,03316.921.81$27,623
Apr 20201,5467,49714.751.80$36,331
Mar 20201,5316,31730.341.86$58,176
Feb 20201,6838,52449.881.98$100,831
Jan 20201,87111,60457.252.09$131,422
Dec 20192,37312,55659.012.30$168,964
Nov 20191,8999,05455.302.75$129,920
Oct 20192,2504,88353.472.42$132,117
Sep 20191,4964,13855.052.66$93,351
Aug 20192,3427,42353.112.30$141,489
Jul 20198591,49156.272.46$52,004
Jun 20198844,76352.782.49$58,523
May 201954028458.482.74$32,357
Apr 20192,4726,18362.632.75$171,829
Mar 20191,0465,33756.803.06$75,755
Feb 20192,5759,40950.852.79$157,211
Jan 2019037246.033.23$1,201
Dec 20181,5846,65046.594.19$101,632
Nov 20182,61510,86552.934.24$184,450
Oct 20182,60211,98561.443.40$200,593
Sep 20182,78914,09259.543.11$209,855
Aug 20182,73913,90559.403.07$205,337
Jul 20181,6929,71265.142.93$138,691
Jun 20181,8769,52060.183.08$142,190
May 20182,75111,38165.382.90$212,874
Apr 20183,10615,17463.842.90$242,304
Mar 20182,26712,72961.222.79$174,259
Feb 20182,59712,05361.782.77$193,783
Jan 20182,90113,21262.874.01$235,357
Dec 20173,80217,13357.272.92$267,795
Nov 20171,1776,21155.423.12$84,597
Oct 20172,90714,49649.292.98$186,537
Sep 20172,68413,27147.523.09$168,515
Aug 20172,71111,00645.373.00$156,065
Jul 20173,40712,32943.873.09$187,528
Jun 20173,54615,90342.493.09$199,767
May 20171,7217,34845.373.26$102,061
Apr 20178244,37047.933.21$53,529
Mar 20171,7034,79846.772.98$93,965
Feb 20172,39511,44450.452.95$154,617
Jan 20172,2118,20949.413.42$137,310
Dec 20162,56310,10448.763.72$162,587
Nov 20162,6989,84442.492.64$140,669
Oct 20163,03510,72846.193.09$173,339
Sep 20162,71413,26041.553.10$153,881
Aug 20162,37710,93341.442.92$130,475
Jul 20161,1095,08441.622.92$61,024
Jun 20161,0766,36645.352.69$65,895
May 20160042.521.99$0
Apr 20163,1739,50636.561.99$134,932
Mar 20163,4218,11633.011.79$127,487
Feb 20164,0839,86526.472.06$128,435
Jan 20163,3748,83927.352.36$113,177
Dec 20152,5956,36532.362.00$96,713
Nov 20153,75110,24538.792.17$167,706
Oct 20153,00610,43043.552.43$156,221
Sep 20153,5099,75942.992.76$177,771
Aug 20153,1978,57240.162.87$153,015
Jul 20153,96310,45448.152.95$221,606
Jun 20154,77711,67856.152.88$301,895
May 20154,36612,83655.212.96$278,983
Apr 20154,67814,84049.822.71$273,223
Mar 20155,27018,88942.892.93$281,464
Feb 20156,1679,40944.662.98$303,421
Jan 20154,9997,23843.433.10$239,549
Dec 20144,8127,38654.693.59$289,694
Nov 20148,0428,28870.464.25$601,879
Oct 20144,91311,45878.303.90$429,385
Sep 20141,9077,79086.164.05$195,821
Aug 20144,48111,55789.394.04$447,190
Jul 20144,1043,62896.564.18$411,446
Jun 20146,3126,69498.164.74$651,295
May 20146,59716,67994.734.73$703,768
Apr 20146,47419,84695.944.81$716,557
Mar 20147,01916,44695.895.06$756,216
Feb 20143,8538,23397.406.19$426,261
Jan 20147,0207,10790.404.86$669,153
Dec 20132,0225,60691.824.35$210,071
Nov 20135,1459,12088.853.74$491,226
Oct 20138,16416,60797.423.78$858,101
Sep 20137,64112,461104.113.72$841,831
Aug 20135,41811,485104.253.52$605,284
Jul 20136,97011,310102.523.72$756,612
Jun 20135,67711,78294.403.93$582,252
May 20133,7285,82294.834.15$377,682
Apr 20134,1627,10793.964.28$421,498
Mar 20133,2695,98493.623.91$329,458
Feb 20133,6015,86891.233.42$348,587
Jan 20133,4835,58291.603.42$338,133
Dec 20123,7597,51386.773.42$351,864
Nov 20124,9046,82386.953.62$451,136
Oct 20124,4308,72489.383.40$425,612
Sep 20123,8748,68294.672.92$392,089
Aug 20122,3593,98592.662.91$230,174
Jul 20123,7979,81585.133.02$352,888
Jun 20123,0778,66479.822.52$267,431
May 20123,0668,29691.612.49$301,519
Apr 20121,8024,930101.652.00$193,018

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.

Aug 2024 — as filed, then multipliedworked
Oil                  148 bbl  × $ 75.63 =    $11,193
Casinghead gas         0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                  $11,193

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/25733 is the state's own key, not one this site invented.