BASSWOOD A

Operated by FW EAGLE FORD I, LLC (P-5 103899) in the SOUTHERN BAY (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28151District 03Field 84750500OilCasinghead gasSaveExport
Value, all time
$18.1 M
Mar 2024 – May 2026
Value, last 12 filed months
$3.6 M
at the published price for each month
Months reported
27
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 95 leases and 187 wells, and the rule below applies to all of them.

Discovered
2012-02-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-05-24.

The Commission's schedule remark for this field reads: AND LEASE PLAT ARE REQUIRED FOR ALL WELLS. NO MAX DIAGONAL.

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
OilDisposition234,408 bbl$17,462,428
Casinghead gasProduction228,935 Mcf$650,889
Total$18,113,317

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 29.6137, -97.1116. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.61375, -97.11157 · 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
11,392 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 11,392 ft.

Completions filed
Mar 2024
1 of 1 wells

1 well

42-149335821H11,392 ftMar 2024

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 (27)

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

27 months

May 20263,0446,550106.413.05$343,862
Apr 20263,1765,33198.932.87$329,500
Mar 20263,4214,13389.753.15$320,051
Feb 20263,5363,86463.503.75$239,027
Jan 20263,4434,10459.138.00$236,408
Dec 20253,8214,53956.664.41$236,530
Nov 20254,1174,21958.593.93$257,781
Oct 20253,8134,23259.383.30$240,402
Sep 20254,7255,22162.743.08$312,511
Aug 20255,1635,84663.933.01$347,695
Jul 20255,9975,99466.743.32$420,111
Jun 20254,9034,84366.483.13$341,104
May 20255,2285,32260.553.23$333,758
Apr 20256,0196,46962.363.54$398,265
Mar 20256,6227,85467.704.27$481,833
Feb 20256,5429,14270.884.34$503,381
Jan 20258,3369,24074.324.28$659,067
Dec 20248,11410,15468.993.12$591,479
Nov 20248,8819,50169.052.20$634,120
Oct 202410,1897,78771.372.28$744,954
Sep 202410,4509,72569.612.36$750,418
Aug 202412,32813,61275.632.06$960,457
Jul 202414,21212,85079.932.15$1,163,549
Jun 202416,22014,95078.082.63$1,305,836
May 202419,39915,25278.812.20$1,562,366
Apr 202425,32419,27984.451.66$2,170,600
Mar 202427,38518,92280.301.55$2,228,252

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                3,044 bbl  × $106.41 =   $323,912
Casinghead gas     6,550 Mcf  × $  3.05 =    $19,950

────────────────────────────────────────────────────
Month total                                 $343,862

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/28151 is the state's own key, not one this site invented.