PONY

Operated by ORX RESOURCES, L.L.C. (P-5 627136) in the SUBLIME (12000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26996District 03Field 86862950OilCasinghead gasSaveExport
Value, all time
$1.9 M
Oct 2015 – May 2026
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
128
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1979-07-12
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition31,577 bbl$1,833,522
Casinghead gasProduction7,765 Mcf$20,930
Total$1,854,451

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 29.4824, -96.6983. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.48242, -96.69834 · 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
14,000 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 14,000 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-08932725114,000 ftOct 2015

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 (128)

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

128 months

May 202600106.413.05$0
Apr 2026336098.932.87$33,240
Mar 20260089.753.15$0
Feb 2026170063.503.75$10,795
Jan 20260059.138.00$0
Dec 2025184056.664.41$10,425
Nov 2025364058.593.93$21,327
Oct 20250059.383.30$0
Sep 2025166062.743.08$10,415
Aug 2025167063.933.01$10,676
Jul 2025167066.743.32$11,146
Jun 2025172066.483.13$11,435
May 2025174060.553.23$10,536
Apr 2025171062.363.54$10,664
Mar 2025175067.704.27$11,848
Feb 2025173070.884.34$12,262
Jan 20250074.324.28$0
Dec 2024184068.993.12$12,694
Nov 2024188069.052.20$12,981
Oct 2024168071.372.28$11,990
Sep 2024172069.612.36$11,973
Aug 2024177075.632.06$13,387
Jul 2024182079.932.15$14,547
Jun 2024178078.082.63$13,898
May 2024182078.812.20$14,343
Apr 2024183084.451.66$15,454
Mar 20240080.301.55$0
Feb 2024173076.091.78$13,164
Jan 20240073.023.30$0
Dec 2023497071.262.61$35,416
Nov 2023190077.892.81$14,799
Oct 20230085.443.09$0
Sep 2023187089.042.74$16,650
Aug 2023178080.522.67$14,333
Jul 2023172074.852.64$12,874
Jun 20230068.962.26$0
May 2023189070.622.23$13,347
Apr 20230078.122.24$0
Mar 2023359072.852.39$26,153
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022344076.415.73$26,285
Nov 2022191085.005.65$16,235
Oct 2022190087.185.86$16,564
Sep 2022189084.888.16$16,042
Aug 2022183094.529.13$17,297
Jul 20221830101.587.54$18,589
Jun 20221930115.097.98$22,212
May 202200109.378.43$0
Apr 20223520104.226.84$36,685
Mar 20227130108.885.08$77,631
Feb 2022182091.054.86$16,571
Jan 2022192081.844.54$15,713
Dec 2021191071.323.90$13,622
Nov 2021357077.435.24$27,643
Oct 2021190079.795.71$15,160
Sep 2021190069.865.35$13,273
Aug 2021192066.024.22$12,676
Jul 2021190070.783.98$13,448
Jun 2021188069.493.38$13,064
May 2021186063.483.02$11,807
Apr 20210060.362.76$0
Mar 2021178061.302.72$10,911
Feb 2021342057.805.55$19,768
Jan 2021179050.412.81$9,023
Dec 20200044.642.68$0
Nov 2020180038.772.71$6,979
Oct 2020184036.972.48$6,802
Sep 2020352037.091.99$13,056
Aug 2020174039.982.39$6,957
Jul 2020178038.371.83$6,830
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020356014.751.80$5,251
Mar 20200030.341.86$0
Feb 2020369049.881.98$18,406
Jan 2020169057.252.09$9,675
Dec 2019185059.012.30$10,917
Nov 2019169055.302.75$9,346
Oct 2019342053.472.42$18,287
Sep 2019333055.052.66$18,332
Aug 2019172053.112.30$9,135
Jul 2019342056.272.46$19,244
Jun 20190052.782.49$0
May 2019334058.482.74$19,532
Apr 2019349062.632.75$21,858
Mar 2019359056.803.06$20,391
Feb 2019343050.852.79$17,442
Jan 20190046.033.23$0
Dec 2018357046.594.19$16,633
Nov 2018356052.934.24$18,843
Oct 2018347061.443.40$21,320
Sep 2018347059.543.11$20,660
Aug 20180059.403.07$0
Jul 2018347065.142.93$22,604
Jun 2018347060.183.08$20,882
May 2018693065.382.90$45,308
Apr 2018340063.842.90$21,706
Mar 2018369061.222.79$22,590
Feb 2018176061.782.77$10,873
Jan 20180062.874.01$0
Dec 2017688057.272.92$39,402
Nov 2017164055.423.12$9,089
Oct 2017357049.292.98$17,597
Sep 2017180047.523.09$8,554
Aug 2017355045.373.00$16,106
Jul 201736021543.873.09$16,457
Jun 201733350642.493.09$15,711
May 201788372545.373.26$42,428
Apr 2017059047.933.21$1,895
Mar 201770249346.772.98$34,303
Feb 2017045550.452.95$1,343
Jan 201771255549.413.42$37,077
Dec 201625111748.763.72$12,674
Nov 201632712342.492.64$14,219
Oct 201653413146.193.09$25,070
Sep 201652613441.553.10$22,271
Aug 201633413041.442.92$14,221
Jul 201669019541.622.92$29,288
Jun 201651613345.352.69$23,758
May 201651612842.521.99$22,195
Apr 20165249536.561.99$19,347
Mar 20161719833.011.79$5,821
Feb 20161691926.472.06$4,513
Jan 201668764427.352.36$20,312
Dec 20158791,67932.362.00$31,805
Nov 201570460038.792.17$28,609
Oct 2015173043.552.43$7,534

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                  336 bbl  × $ 98.93 =    $33,240
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $33,240

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/26996 is the state's own key, not one this site invented.