GEORGE B.

Operated by STRAND ENERGY, L.C. (P-5 824758) in the NEW ULM (LWR WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27924District 03Field 65248075OilSaveExport
Value, all time
$955 k
Sep 2021 – May 2026
Value, last 12 filed months
$261 k
at the published price for each month
Months reported
57
no gaps in the span
Streams
1
oil

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 40 leases and 44 wells, and the rule below applies to all of them.

Discovered
2006-10-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-10-10.

The Commission's schedule remark for this field reads: AND TWO PART ALLOCATION FORMULA WHICH IS SUSPENDED.

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
OilDisposition12,322 bbl$955,018
Total$955,018

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 29.9113, -96.4172. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.91135, -96.41718 · 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
10,742 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 10,742 ft.

Completions filed
Sep 2021
1 of 1 wells

1 well

42-01530209110,742 ftSep 2021

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 (57)

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

57 months

May 2026364106.413.05$38,733
Apr 202633998.932.87$33,537
Mar 202635989.753.15$32,220
Feb 202633463.503.75$21,209
Jan 202617959.138.00$10,584
Dec 202515756.664.41$8,896
Nov 202516358.593.93$9,550
Oct 202531559.383.30$18,705
Sep 202533462.743.08$20,955
Aug 202533363.933.01$21,289
Jul 202534566.743.32$23,025
Jun 202533366.483.13$22,138
May 202516260.553.23$9,809
Apr 202531962.363.54$19,893
Mar 202516467.704.27$11,103
Feb 202531270.884.34$22,115
Jan 202530874.324.28$22,891
Dec 202417468.993.12$12,004
Nov 202416669.052.20$11,462
Oct 202417071.372.28$12,133
Sep 202434369.612.36$23,876
Aug 202416475.632.06$12,403
Jul 202433279.932.15$26,537
Jun 202433278.082.63$25,923
May 202416678.812.20$13,082
Apr 202434084.451.66$28,713
Mar 202432480.301.55$26,017
Feb 2024076.091.78$0
Jan 202417173.023.30$12,486
Dec 2023071.262.61$0
Nov 202316277.892.81$12,618
Oct 202332785.443.09$27,939
Sep 202317589.042.74$15,582
Aug 202335280.522.67$28,343
Jul 202317974.852.64$13,398
Jun 202336168.962.26$24,895
May 202316970.622.23$11,935
Apr 202317778.122.24$13,827
Mar 202336872.852.39$26,809
Feb 202317475.112.47$13,069
Jan 202317176.533.39$13,087
Dec 202232376.415.73$24,680
Nov 202215485.005.65$13,090
Oct 202217287.185.86$14,995
Sep 202217284.888.16$14,599
Aug 202219294.529.13$18,148
Jul 20220101.587.54$0
Jun 2022190115.097.98$21,867
May 2022189109.378.43$20,671
Apr 2022183104.226.84$19,072
Mar 2022200108.885.08$21,776
Feb 2022091.054.86$0
Jan 202225381.844.54$20,706
Dec 202117771.323.90$12,624
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$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.

May 2026 — as filed, then multipliedworked
Oil                  364 bbl  × $106.41 =    $38,733

────────────────────────────────────────────────────
Month total                                  $38,733

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/27924 is the state's own key, not one this site invented.