SAMUEL

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 27861District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$531 k
Jun 2020 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
72
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
OilDisposition6,674 bbl$455,682
Casinghead gasProduction17,821 Mcf$75,733
Total$531,415

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 30.9537, -95.7256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.95368, -95.72559 · 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
10,150 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 10,150 ft.

Completions filed
Jun 2020
1 of 1 wells

1 well

42-31330887110,150 ftJun 2020

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 (72)

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

72 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20261095589.753.15$9,956
Feb 20260063.503.75$0
Jan 202606159.138.00$488
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202517346459.383.30$11,806
Sep 202507862.743.08$240
Aug 2025015663.933.01$470
Jul 2025014166.743.32$467
Jun 202535066.483.13$2,327
May 202594060.553.23$5,692
Apr 20250062.363.54$0
Mar 2025124067.704.27$8,395
Feb 2025106070.884.34$7,513
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202458069.052.20$4,005
Oct 202460071.372.28$4,282
Sep 2024127069.612.36$8,840
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202483078.082.63$6,481
May 202402678.812.20$57
Apr 202418315884.451.66$15,717
Mar 202406980.301.55$107
Feb 20241879276.091.78$14,393
Jan 2024012573.023.30$412
Dec 2023181271.262.61$12,903
Nov 202318510377.892.81$14,699
Oct 2023027885.443.09$858
Sep 2023611789.042.74$854
Aug 2023013180.522.67$350
Jul 20231818874.852.64$13,780
Jun 202302368.962.26$52
May 2023718970.622.23$915
Apr 2023055578.122.24$1,242
Mar 202315351072.852.39$12,367
Feb 2023425775.112.47$934
Jan 202319225576.533.39$15,558
Dec 2022035276.415.73$2,017
Nov 2022539785.005.65$2,667
Oct 202219633687.185.86$19,058
Sep 2022028284.888.16$2,302
Aug 202218126094.529.13$19,481
Jul 20220478101.587.54$3,605
Jun 20220452115.097.98$3,606
May 2022181648109.378.43$25,261
Apr 20220538104.226.84$3,679
Mar 2022177527108.885.08$21,947
Feb 2022037791.054.86$1,832
Jan 202217857381.844.54$17,168
Dec 20218535871.323.90$7,458
Nov 2021173077.435.24$13,395
Oct 202117050479.795.71$16,444
Sep 202118350069.865.35$15,460
Aug 202118072066.024.22$14,922
Jul 202118157370.783.98$15,093
Jun 202117856569.493.38$14,279
May 202117810663.483.02$11,619
Apr 202118346160.362.76$12,318
Mar 202135780161.302.72$24,060
Feb 202135860657.805.55$24,054
Jan 202136244650.412.81$19,502
Dec 202018488844.642.68$10,590
Nov 20203691,14538.772.71$17,405
Oct 202036799536.972.48$16,034
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0

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                  109 bbl  × $ 89.75 =     $9,783
Casinghead gas        55 Mcf  × $  3.15 =       $173

────────────────────────────────────────────────────
Month total                                   $9,956

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/27861 is the state's own key, not one this site invented.