FEDEX

Operated by BALLARD EXPLORATION COMPANY,INC. (P-5 48169) in the CLINTON, NW (MIOCENE 3850) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27261District 03Field 18992560OilCasinghead gasSaveExport
Value, all time
$2.5 M
Feb 2017 – Oct 2025
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
105
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
2017-02-11
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

The Commission's schedule remark for this field reads: CORRELATIVE INTERVAL FROM 3779 TO 3827 FEET AS SHOWN ON THE

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
OilDisposition31,164 bbl$1,671,075
Casinghead gasProduction286,818 Mcf$793,575
Total$2,464,650

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 29.8151, -95.2681. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.81514, -95.26810 · 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
4,300 ft
1 wells filed one
Completion to plug
7.8 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 4,300 ft.

Completions filed
Oct 2017
1 of 1 wells
Plug dates filed
Jul 2025
1 of 1 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2013297114,300 ftOct 2017Jul 2025Yes

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 (105)

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

105 months

Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025219066.483.13$14,559
May 20250060.553.23$0
Apr 20250062.363.54$0
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 20240075.632.06$0
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 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221590108.885.08$17,312
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20212063.483.02$127
Apr 20212060.362.76$121
Mar 202148548761.302.72$31,054
Feb 20214791,16857.805.55$34,166
Jan 20213261,50750.412.81$20,669
Dec 20205093,61744.642.68$32,399
Nov 20206854,84238.772.71$39,663
Oct 20206414,76236.972.48$35,500
Sep 20204994,67237.091.99$27,810
Aug 20204724,01839.982.39$28,454
Jul 20206396,05938.371.83$35,577
Jun 20208005,99734.901.69$38,057
May 20204916,09316.921.81$19,365
Apr 20207977,06614.751.80$24,506
Mar 20207785,94030.341.86$34,631
Feb 20207936,29749.881.98$52,027
Jan 20204835,63657.252.09$39,458
Dec 20196786,21259.012.30$54,323
Nov 20197736,20255.302.75$59,807
Oct 20197993,17453.472.42$50,399
Sep 20197965,39255.052.66$58,148
Aug 20199616,79753.112.30$66,701
Jul 20191,6015,45056.272.46$103,496
Jun 20191,5831,76952.782.49$87,958
May 20191,9665,24458.482.74$129,342
Apr 20190062.632.75$0
Mar 2019321056.803.06$18,233
Feb 20190050.852.79$0
Jan 2019322046.033.23$14,822
Dec 201816656446.594.19$10,095
Nov 201801,07552.934.24$4,555
Oct 20180061.443.40$0
Sep 201807659.543.11$236
Aug 20181,2698,47859.403.07$101,377
Jul 20181,62914,78465.142.93$149,458
Jun 20181,6069,91060.183.08$127,141
May 20182,01315,02265.382.90$175,186
Apr 20181,28716,50563.842.90$130,040
Mar 20181,50916,60661.222.79$138,659
Feb 20181,33216,14361.782.77$126,944
Jan 201867719,29162.874.01$119,907
Dec 201733025,84257.272.92$94,397
Nov 2017014,54455.423.12$45,353
Oct 2017114,01349.292.98$41,860
Sep 20170047.523.09$0
Aug 201716225945.373.00$8,128
Jul 201705,30543.873.09$16,378
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017124050.452.95$6,256

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.

Jun 2025 — as filed, then multipliedworked
Oil                  219 bbl  × $ 66.48 =    $14,559
Casinghead gas         0 Mcf  × $  3.13 =         $0

────────────────────────────────────────────────────
Month total                                  $14,559

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/27261 is the state's own key, not one this site invented.