PLEASANT, ED, ET UX

Operated by MILESTONE OPERATING, INC. (P-5 567103) in the LOVELLS LAKE (FRIO 1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27627District 03Field 55184213OilCasinghead gasSaveExport
Value, all time
$449 k
Oct 2019 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
80
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 65 leases and 89 wells, and the rule below applies to all of them.

Discovered
1948-02-04
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 40 acres.

The Commission's schedule remark for this field reads: BALANCING RULE IN EFFECT.

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
OilDisposition7,422 bbl$414,809
Casinghead gasProduction9,640 Mcf$33,960
Total$448,769

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 29.9405, -94.1295. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94048, -94.12955 · 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
100.0%
1 of 1 wells
Median depth
7,808 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 7,808 ft.

Completions filed
Oct 2019
1 of 1 wells
Plug dates filed
Jul 1985
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2450180947,808 ftOct 2019Jul 1985

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 (80)

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

80 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
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 20231109672.852.39$8,243
Feb 2023808675.112.47$6,221
Jan 20238112876.533.39$6,633
Dec 20228612676.415.73$7,293
Nov 20228213185.005.65$7,710
Oct 20228314187.185.86$8,063
Sep 202211111784.888.16$10,377
Aug 20228513194.529.13$9,230
Jul 2022106131101.587.54$11,755
Jun 2022100156115.097.98$12,753
May 202293192109.378.43$11,791
Apr 202293186104.226.84$10,964
Mar 2022116172108.885.08$13,503
Feb 20229513791.054.86$9,315
Jan 20229917081.844.54$8,874
Dec 20219715271.323.90$7,511
Nov 202111815277.435.24$9,933
Oct 20219920979.795.71$9,093
Sep 202112021069.865.35$9,507
Aug 202111225766.024.22$8,479
Jul 202112825870.783.98$10,087
Jun 202113625869.493.38$10,323
May 202115225663.483.02$10,421
Apr 202112525060.362.76$8,235
Mar 202117725061.302.72$11,529
Feb 202110122557.805.55$7,086
Jan 202117325250.412.81$9,429
Dec 202015629244.642.68$7,745
Nov 202023732438.772.71$10,065
Oct 202024128336.972.48$9,611
Sep 202028127637.091.99$10,972
Aug 202019729639.982.39$8,582
Jul 202023633738.371.83$9,670
Jun 202027632734.901.69$10,185
May 202028034816.921.81$5,369
Apr 202037634614.751.80$6,170
Mar 202038134630.341.86$12,202
Feb 202034234649.881.98$17,744
Jan 202043837057.252.09$25,851
Dec 201945246059.012.30$27,733
Nov 201941433055.302.75$23,802
Oct 201915713053.472.42$8,709

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 2023 — as filed, then multipliedworked
Oil                  110 bbl  × $ 72.85 =     $8,014
Casinghead gas        96 Mcf  × $  2.39 =       $230

────────────────────────────────────────────────────
Month total                                   $8,243

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/27627 is the state's own key, not one this site invented.