FARRIS

Operated by E2 OPERATING LLC (P-5 238475) 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 27072District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$5.9 M
Nov 2014 – May 2026
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
139
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
OilDisposition106,139 bbl$5,680,007
Casinghead gasProduction72,200 Mcf$219,929
Total$5,899,936

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 30.9836, -95.7939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.98363, -95.79394 · 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
9,757 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 9,757 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-3133119019,757 ftNov 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 (139)

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

139 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026349089.753.15$31,323
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025183059.383.30$10,867
Sep 2025190062.743.08$11,921
Aug 2025183063.933.01$11,699
Jul 202542066.743.32$2,803
Jun 2025161066.483.13$10,703
May 2025169060.553.23$10,233
Apr 2025180062.363.54$11,225
Mar 2025188067.704.27$12,728
Feb 2025173070.884.34$12,262
Jan 20250074.324.28$0
Dec 2024106068.993.12$7,313
Nov 2024140069.052.20$9,667
Oct 2024137071.372.28$9,778
Sep 2024173069.612.36$12,043
Aug 2024176075.632.06$13,311
Jul 2024135079.932.15$10,791
Jun 2024126078.082.63$9,838
May 2024205078.812.20$16,156
Apr 2024123084.451.66$10,387
Mar 2024524080.301.55$42,077
Feb 20240076.091.78$0
Jan 2024180073.023.30$13,144
Dec 2023361071.262.61$25,725
Nov 2023182077.892.81$14,176
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023190080.522.67$15,299
Jul 2023181074.852.64$13,548
Jun 2023176068.962.26$12,137
May 2023182070.622.23$12,853
Apr 2023181078.122.24$14,140
Mar 2023177072.852.39$12,894
Feb 2023190075.112.47$14,271
Jan 2023180076.533.39$13,775
Dec 2022180076.415.73$13,754
Nov 2022185085.005.65$15,725
Oct 2022186087.185.86$16,215
Sep 2022359084.888.16$30,472
Aug 2022184094.529.13$17,392
Jul 20221830101.587.54$18,589
Jun 20221780115.097.98$20,486
May 20221770109.378.43$19,358
Apr 20221780104.226.84$18,551
Mar 20225200108.885.08$56,618
Feb 20220091.054.86$0
Jan 2022191081.844.54$15,631
Dec 2021177071.323.90$12,624
Nov 2021175077.435.24$13,550
Oct 2021184079.795.71$14,681
Sep 2021354069.865.35$24,730
Aug 2021173066.024.22$11,421
Jul 2021353070.783.98$24,985
Jun 2021183069.493.38$12,717
May 2021177063.483.02$11,236
Apr 2021352060.362.76$21,247
Mar 2021531061.302.72$32,550
Feb 20210057.805.55$0
Jan 2021179050.412.81$9,023
Dec 2020340044.642.68$15,178
Nov 2020357038.772.71$13,841
Oct 20205382436.972.48$19,949
Sep 20201844437.091.99$6,912
Aug 20205354839.982.39$21,504
Jul 20203535038.371.83$13,636
Jun 202053223034.901.69$18,956
May 2020019116.921.81$347
Apr 20201755014.751.80$2,671
Mar 20203523530.341.86$10,745
Feb 20203522549.881.98$17,607
Jan 20205071357.252.09$29,053
Dec 20193552559.012.30$21,006
Nov 20195253255.302.75$29,121
Oct 20195306453.472.42$28,494
Sep 20195147255.052.66$28,487
Aug 201987610453.112.30$46,764
Jul 20190356.272.46$7
Jun 20193554252.782.49$18,842
May 2019351058.482.74$20,526
Apr 20197293362.632.75$45,748
Mar 20191869256.803.06$10,847
Feb 20195348950.852.79$27,402
Jan 201955424646.033.23$26,295
Dec 201854215846.594.19$25,913
Nov 201835418952.934.24$19,538
Oct 201854626561.443.40$34,447
Sep 201870428359.543.11$42,796
Aug 201870829159.403.07$42,948
Jul 201853237465.142.93$35,751
Jun 201889143460.183.08$54,956
May 201872042765.382.90$48,312
Apr 201871137763.842.90$46,484
Mar 20181,09936661.222.79$68,301
Feb 201892645361.782.77$58,461
Jan 20181,28445762.874.01$82,557
Dec 201773825057.272.92$42,996
Nov 201718428255.423.12$11,077
Oct 201788243049.292.98$44,757
Sep 201771327947.523.09$34,743
Aug 20171,07435645.373.00$49,797
Jul 201771420843.873.09$31,965
Jun 201790853642.493.09$40,236
May 201791129145.373.26$42,282
Apr 201773432947.933.21$36,237
Mar 201792252346.772.98$44,682
Feb 201790341550.452.95$46,782
Jan 201791342349.413.42$46,557
Dec 201689257348.763.72$45,627
Nov 201689991142.492.64$40,608
Oct 20161,2861,43946.193.09$63,847
Sep 20169091,24241.553.10$41,620
Aug 20161,4591,58841.442.92$65,105
Jul 20161,28249941.622.92$54,816
Jun 20161,08173245.352.69$50,989
May 20161,09772042.521.99$48,078
Apr 20161,2851,15636.561.99$49,281
Mar 20161,4371,25533.011.79$49,687
Feb 20161,0741,02726.472.06$30,548
Jan 20161,6781,37927.352.36$49,154
Dec 20151,29499132.362.00$43,857
Nov 20151,4501,12338.792.17$58,679
Oct 20151,5911,67643.552.43$73,355
Sep 20151,7411,62742.992.76$79,334
Aug 20151,7681,67240.162.87$75,806
Jul 20151,9281,94348.152.95$98,555
Jun 20152,2692,57056.152.88$134,813
May 20152,2583,34755.212.96$134,556
Apr 20152,6712,23949.822.71$139,129
Mar 20153,5234,76042.892.93$165,071
Feb 20153,0413,76944.662.98$147,028
Jan 20155,7689,46943.433.10$279,864
Dec 20149,9628,63854.693.59$575,844
Nov 201412,9475,94770.464.25$937,531

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                  349 bbl  × $ 89.75 =    $31,323
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $31,323

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/27072 is the state's own key, not one this site invented.