GEMINI -B-

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

Oil lease lease 27525District 03Field 08888888OilCasinghead gasSaveExport
Value, all time
$4.9 M
Apr 2019 – May 2026
Value, last 12 filed months
$391 k
at the published price for each month
Months reported
86
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 4 leases and 9 wells, and the rule below applies to all of them.

Discovered
2015-07-29
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 2019-10-22.

The Commission's schedule remark for this field reads: ORDERED THAT OVERAGE BE CANCELLED EFFECTIVE 10/22/19.

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
OilDisposition50,309 bbl$2,997,891
Casinghead gasProduction593,088 Mcf$1,937,954
Total$4,935,845

Wells on this lease (2)

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 30.6204, -95.4831. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

30.62038, -95.48305 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,501 ft
2 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.
2100.0%

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

Between 3,500 and 3,501 ft, median 3,501 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2022 – Feb 2024
2 of 2 wells

2 wells

42-47130402B 63,501 ftFeb 2024
42-47130400B 53,500 ftAug 2022

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 (86)

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

86 months

May 2026013,756106.413.05$41,899
Apr 2026014,02498.932.87$40,245
Mar 202608,67989.753.15$27,334
Feb 202604,65263.503.75$17,446
Jan 202606,91659.138.00$55,314
Dec 202506,66456.664.41$29,411
Nov 202507,21558.593.93$28,329
Oct 202506,35159.383.30$20,989
Sep 2025013,32362.743.08$40,994
Aug 202509,68263.933.01$29,189
Jul 202509,42966.743.32$31,259
Jun 202509,16066.483.13$28,659
May 202509,70360.553.23$31,363
Apr 202509,33362.363.54$33,068
Mar 202509,27367.704.27$39,580
Feb 202508,34070.884.34$36,203
Jan 202508,64574.324.28$36,989
Dec 202408,80568.993.12$27,484
Nov 202408,72969.052.20$19,190
Oct 202408,64071.372.28$19,711
Sep 2024010,11769.612.36$23,920
Aug 202408,78875.632.06$18,135
Jul 202407,12379.932.15$15,290
Jun 20240078.082.63$0
May 202402,97578.812.20$6,540
Apr 202402,68084.451.66$4,447
Mar 20240080.301.55$0
Feb 2024338076.091.78$25,718
Jan 20243449,23873.023.30$55,583
Dec 202351913,91771.262.61$73,317
Nov 202331011,89577.892.81$57,542
Oct 202346411,09285.443.09$73,888
Sep 202347512,95289.042.74$77,718
Aug 202331712,83980.522.67$59,842
Jul 202332211,72274.852.64$55,069
Jun 202365613,96868.962.26$76,784
May 202365013,06370.622.23$75,000
Apr 202366513,98778.122.24$83,249
Mar 202331313,20772.852.39$54,409
Feb 202366912,19975.112.47$80,327
Jan 202348112,99976.533.39$80,848
Dec 202232011,43176.415.73$89,940
Nov 20223168,72885.005.65$76,140
Oct 202264218,28587.185.86$163,188
Sep 202232711,34484.888.16$120,365
Aug 20226111,15594.529.13$68,294
Jul 2022471472101.587.54$51,404
Jun 2022155608115.097.98$22,689
May 2022159821109.378.43$24,313
Apr 2022768849104.226.84$85,846
Mar 2022159654108.885.08$20,632
Feb 202264368991.054.86$61,893
Jan 20226401,49581.844.54$59,161
Dec 20211,0672,23871.323.90$84,825
Nov 20217982,32977.435.24$73,986
Oct 20216442,33679.795.71$64,732
Sep 20211,2753,35769.865.35$107,035
Aug 20211,8862,98166.024.22$137,095
Jul 202192122,78570.783.98$155,920
Jun 20211,0592,71869.493.38$82,778
May 20215993,41563.483.02$48,330
Apr 20218693,95560.362.76$63,362
Mar 20211,4992,63761.302.72$99,053
Feb 20212981,36557.805.55$24,797
Jan 20211,7902,39150.412.81$96,953
Dec 20207632,24344.642.68$40,061
Nov 202030511,85038.772.71$43,898
Oct 202065325,08036.972.48$86,300
Sep 202062411,38837.091.99$45,818
Aug 20201,33914,03639.982.39$87,010
Jul 202093612,95538.371.83$59,559
Jun 20201,0817,82434.901.69$50,952
May 202001,71616.921.81$3,114
Apr 20201,89717,37114.751.80$59,325
Mar 20202,8121,29730.341.86$87,724
Feb 20202,0231,08949.881.98$103,064
Jan 20201,33221757.252.09$76,712
Dec 20192,50323059.012.30$148,232
Nov 20192,89023055.302.75$160,450
Oct 20193,15022753.472.42$168,980
Sep 20193,06521755.052.66$169,305
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 2019193058.482.74$11,287
Apr 2019304062.632.75$19,040

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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas    13,756 Mcf  × $  3.05 =    $41,899

────────────────────────────────────────────────────
Month total                                  $41,899

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/27525 is the state's own key, not one this site invented.