RULEMAKER UNIT

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the BB (COCKFIELD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26916District 03Field 04667500OilSaveExport
Value, all time
$995 k
Dec 2015 – May 2026
Value, last 12 filed months
$116 k
at the published price for each month
Months reported
126
no gaps in the span
Streams
1
oil

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 4 leases and 9 wells, and the rule below applies to all of them.

Discovered
2011-01-08
as the register files it
Field class
Oil
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2016-10-11.

The Commission's schedule remark for this field reads: EFF 10/11/16.

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
OilDisposition16,706 bbl$994,845
Total$994,845

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 30.4335, -95.9223. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43351, -95.92228 · 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
3,000 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 3,000 ft.

Completions filed
Oct 2013
1 of 1 wells

1 well

42-1853081823,000 ftOct 2013

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 (126)

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

126 months

May 20260106.413.05$0
Apr 202615998.932.87$15,730
Mar 202614489.753.15$12,924
Feb 202613963.503.75$8,827
Jan 202614559.138.00$8,574
Dec 202513956.664.41$7,876
Nov 202513958.593.93$8,144
Oct 202528559.383.30$16,923
Sep 202514462.743.08$9,035
Aug 202514463.933.01$9,206
Jul 202515166.743.32$10,078
Jun 202513866.483.13$9,174
May 202526960.553.23$16,288
Apr 202515562.363.54$9,666
Mar 202514167.704.27$9,546
Feb 202514770.884.34$10,419
Jan 2025374.324.28$223
Dec 2024068.993.12$0
Nov 202414569.052.20$10,012
Oct 2024271.372.28$143
Sep 202413769.612.36$9,537
Aug 2024075.632.06$0
Jul 202414079.932.15$11,190
Jun 202413878.082.63$10,775
May 202413878.812.20$10,876
Apr 202413584.451.66$11,401
Mar 202413280.301.55$10,600
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 202313971.262.61$9,905
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 202315589.042.74$13,801
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 202315370.622.23$10,805
Apr 2023078.122.24$0
Mar 202315072.852.39$10,928
Feb 2023175.112.47$75
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 202216285.005.65$13,770
Oct 202214187.185.86$12,292
Sep 202215184.888.16$12,817
Aug 202214594.529.13$13,705
Jul 2022154101.587.54$15,643
Jun 2022146115.097.98$16,803
May 2022160109.378.43$17,499
Apr 2022304104.226.84$31,683
Mar 20224108.885.08$436
Feb 202215491.054.86$14,022
Jan 202216281.844.54$13,258
Dec 202115771.323.90$11,197
Nov 202115977.435.24$12,311
Oct 202116479.795.71$13,086
Sep 202116269.865.35$11,317
Aug 202115666.024.22$10,299
Jul 202115670.783.98$11,042
Jun 202115769.493.38$10,910
May 202115663.483.02$9,903
Apr 202117060.362.76$10,261
Mar 202116661.302.72$10,176
Feb 202115357.805.55$8,843
Jan 2021350.412.81$151
Dec 202016444.642.68$7,321
Nov 202016538.772.71$6,397
Oct 202016836.972.48$6,211
Sep 202015137.091.99$5,601
Aug 202015639.982.39$6,237
Jul 202015838.371.83$6,062
Jun 202015834.901.69$5,514
May 2020016.921.81$0
Apr 202013214.751.80$1,947
Mar 202016230.341.86$4,915
Feb 202015349.881.98$7,632
Jan 2020057.252.09$0
Dec 201915459.012.30$9,088
Nov 201916555.302.75$9,125
Oct 201916553.472.42$8,823
Sep 2019255.052.66$110
Aug 201915753.112.30$8,338
Jul 201914456.272.46$8,103
Jun 201915152.782.49$7,970
May 201916058.482.74$9,357
Apr 201915862.632.75$9,896
Mar 2019356.803.06$170
Feb 201915250.852.79$7,729
Jan 201915346.033.23$7,043
Dec 201816046.594.19$7,454
Nov 201815552.934.24$8,204
Oct 2018361.443.40$184
Sep 201815059.543.11$8,931
Aug 201815559.403.07$9,207
Jul 201816265.142.93$10,553
Jun 201815660.183.08$9,388
May 201815265.382.90$9,938
Apr 2018763.842.90$447
Mar 201814861.222.79$9,061
Feb 201815161.782.77$9,329
Jan 201814762.874.01$9,242
Dec 201714957.272.92$8,533
Nov 201715555.423.12$8,590
Oct 201714149.292.98$6,950
Sep 201715947.523.09$7,556
Aug 2017045.373.00$0
Jul 201715043.873.09$6,581
Jun 201715642.493.09$6,628
May 201715245.373.26$6,896
Apr 201715347.933.21$7,333
Mar 201715046.772.98$7,016
Feb 201728750.452.95$14,479
Jan 201715449.413.42$7,609
Dec 201614748.763.72$7,168
Nov 201628142.492.64$11,940
Oct 201615546.193.09$7,159
Sep 201630941.553.10$12,839
Aug 201615241.442.92$6,299
Jul 201628441.622.92$11,820
Jun 201614845.352.69$6,712
May 201629542.521.99$12,543
Apr 201628836.561.99$10,529
Mar 201614933.011.79$4,918
Feb 201641126.472.06$10,879
Jan 201615527.352.36$4,239
Dec 2015032.362.00$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.

Apr 2026 — as filed, then multipliedworked
Oil                  159 bbl  × $ 98.93 =    $15,730

────────────────────────────────────────────────────
Month total                                  $15,730

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/26916 is the state's own key, not one this site invented.