EAST TEXAS OIL COMPANY FEE 'C'

Operated by MILESTONE OPERATING, INC. (P-5 567103) in the VILLAGE MILLS, EAST (V-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26842District 03Field 93832230OilCasinghead gasSaveExport
Value, all time
$1.8 M
Aug 2014 – May 2026
Value, last 12 filed months
$98 k
at the published price for each month
Months reported
142
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 13 leases and 36 wells, and the rule below applies to all of them.

Discovered
1949-06-07
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: SEPARATED FROM VILLAGE MILLS, EAST (V-Y) 6-1-75

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
OilDisposition28,648 bbl$1,748,888
Casinghead gasProduction14,682 Mcf$49,006
Total$1,797,894

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 30.4987, -94.3887. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.49874, -94.38869 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,796 ft
1 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.
1100.0%

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 6,796 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-19900579196,796 ftAug 2014

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 (142)

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

142 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20261075989.753.15$9,789
Feb 20261346163.503.75$8,738
Jan 20261336759.138.00$8,400
Dec 20252086756.664.41$12,081
Nov 20251026758.593.93$6,239
Oct 20251047759.383.30$6,430
Sep 20251597762.743.08$10,213
Aug 20252077763.933.01$13,466
Jul 20251867766.743.32$12,669
Jun 20251455466.483.13$9,809
May 2025521560.553.23$3,197
Apr 20251875462.363.54$11,853
Mar 20252566467.704.27$17,604
Feb 20251316470.884.34$9,563
Jan 2025816474.324.28$6,294
Dec 202422911468.993.12$16,155
Nov 202419811069.052.20$13,914
Oct 202420211471.372.28$14,677
Sep 202421411069.612.36$15,157
Aug 202420111575.632.06$15,439
Jul 202423011579.932.15$18,631
Jun 202421111178.082.63$16,767
May 202420911678.812.20$16,726
Apr 20241536984.451.66$13,035
Mar 202418810780.301.55$15,262
Feb 20241608676.091.78$12,328
Jan 20242098973.023.30$15,555
Dec 202321310671.262.61$15,455
Nov 202318810377.892.81$14,933
Oct 202323010885.443.09$19,985
Sep 202321810889.042.74$19,706
Aug 202318211280.522.67$14,954
Jul 202323311274.852.64$17,736
Jun 202321310868.962.26$14,932
May 202323811270.622.23$17,057
Apr 202320310978.122.24$16,102
Mar 202322611372.852.39$16,735
Feb 202317010275.112.47$13,020
Jan 202322511376.533.39$17,602
Dec 202217511476.415.73$14,025
Nov 202221811085.005.65$19,151
Oct 202221311487.185.86$19,238
Sep 202217611084.888.16$15,837
Aug 202223811394.529.13$23,527
Jul 2022199113101.587.54$21,067
Jun 2022211105115.097.98$25,122
May 2022241112109.378.43$27,303
Apr 2022177109104.226.84$19,192
Mar 2022251113108.885.08$27,903
Feb 202217210291.054.86$16,156
Jan 202226211381.844.54$21,955
Dec 202128611371.323.90$20,838
Nov 202118610877.435.24$14,968
Oct 202124211279.795.71$19,949
Sep 202124210769.865.35$17,479
Aug 202128211166.024.22$19,086
Jul 202120011170.783.98$14,598
Jun 202126910769.493.38$19,055
May 202127611063.483.02$17,852
Apr 202123010660.362.76$14,175
Mar 20211819561.302.72$11,353
Feb 20211586557.805.55$9,493
Jan 202122510650.412.81$11,640
Dec 202022910644.642.68$10,506
Nov 202022510338.772.71$9,002
Oct 2020714336.972.48$2,731
Sep 20202368837.091.99$8,928
Aug 202018410439.982.39$7,604
Jul 202026510638.371.83$10,362
Jun 202022710334.901.69$8,096
May 202024910516.921.81$4,404
Apr 202022010214.751.80$3,429
Mar 202026910530.341.86$8,356
Feb 20201909849.881.98$9,671
Jan 202018210557.252.09$10,639
Dec 201916710559.012.30$10,097
Nov 201916210255.302.75$9,239
Oct 201916610553.472.42$9,130
Sep 201917610355.052.66$9,963
Aug 201915210053.112.30$8,303
Jul 201916910056.272.46$9,756
Jun 20191719752.782.49$9,267
May 201915110058.482.74$9,105
Apr 20191939762.632.75$12,354
Mar 201920310056.803.06$11,837
Feb 201923810050.852.79$12,382
Jan 20193459946.033.23$16,200
Dec 20183549946.594.19$16,907
Nov 201842810652.934.24$23,103
Oct 201840211061.443.40$25,073
Sep 201833410659.543.11$20,216
Aug 201815410659.403.07$9,473
Jul 201817210665.142.93$11,515
Jun 201814110360.183.08$8,802
May 201819510665.382.90$13,057
Apr 201815010463.842.90$9,878
Mar 201813410861.222.79$8,504
Feb 20181339761.782.77$8,485
Jan 201815110862.874.01$9,926
Dec 201715711857.272.92$9,336
Nov 201722211555.423.12$12,662
Oct 201719311949.292.98$9,868
Sep 20171759647.523.09$8,612
Aug 201717010045.373.00$8,013
Jul 201721711943.873.09$9,887
Jun 201720111942.493.09$8,908
May 201719612345.373.26$9,294
Apr 201721912047.933.21$10,882
Mar 201719312346.772.98$9,394
Feb 201716111250.452.95$8,453
Jan 201711012349.413.42$5,856
Dec 201616912348.763.72$8,698
Nov 201623513242.492.64$10,334
Oct 201618413346.193.09$8,910
Sep 201621213241.553.10$9,218
Aug 201626613241.442.92$11,409
Jul 201627413241.622.92$11,790
Jun 201623012845.352.69$10,774
May 201628913242.521.99$12,551
Apr 201624512836.561.99$9,212
Mar 201628113233.011.79$9,513
Feb 201622711126.472.06$6,238
Jan 2016226027.352.36$6,181
Dec 20150032.362.00$0
Nov 201530038.792.17$1,164
Oct 2015824043.552.43$3,668
Sep 201530811942.992.76$13,569
Aug 201521912040.162.87$9,140
Jul 201530112148.152.95$14,850
Jun 201532711756.152.88$18,698
May 201524112155.212.96$13,663
Apr 201523212549.822.71$11,897
Mar 201525812542.892.93$11,432
Feb 201512317544.662.98$6,014
Jan 20153614543.433.10$2,013
Dec 201421614554.693.59$12,334
Nov 201432223970.464.25$23,704
Oct 201441820378.303.90$33,521
Sep 201428919086.164.05$25,669
Aug 201416117589.394.04$15,098

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                  107 bbl  × $ 89.75 =     $9,603
Casinghead gas        59 Mcf  × $  3.15 =       $186

────────────────────────────────────────────────────
Month total                                   $9,789

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/26842 is the state's own key, not one this site invented.