BROUSSARD TRUST

Operated by MILESTONE OPERATING, INC. (P-5 567103) in the LOVELLS LAKE (MARG. 2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9549District 03Field 55184426OilCasinghead gasSaveExport
Value, all time
$3.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 15 leases and 53 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 field rule took effect on 1966-01-21.

The Commission's schedule remark for this field reads: PER ORDER 3-835 EFF 8-5-39, RULES ADOPTED.

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
OilDisposition70,386 bbl$2,827,251
Casinghead gasProduction150,634 Mcf$395,570
Total$3,222,821

49,365 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (12)

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 29.9510, -94.1255. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles. 1 well has no surveyed location and is left out of it.

29.95262, -94.12506 · centre of 11 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
75.0%
9 of 12 wells
With a plug date
33.3%
4 of 12 wells
Median depth
7,790 ft
11 wells filed one
Completion to plug
13.5 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
975.0%
A plug date is filed
433.3%
BothOn the schedule and plugged. Neither fact cancels the other.
433.3%
NeitherNo plug date, and not on the schedule.
325.0%

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

Total depth in feet, 11 of 12 wells. Median 7,790 ft, with the middle half between 7,579 and 7,833 ft; the shallowest is 1,930 ft and the deepest 7,858 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 7 of 12 wells, Feb 1963 – Feb 2020. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1963 – Feb 2020
7 of 12 wells; 5 filed none
Plug dates filed
Nov 1985 – Jan 1995
4 of 12 wells; 8 filed none

Last completion to plug: a median of 13.5 years across the 4 wells that filed both dates, with the middle half between 9.8 years and 20.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

12 wells

42-24501729387,785 ftYes
42-24530062637,850 ftYes
42-24530093667,400 ftYes
42-24530095677,400 ftYes
42-245812131DYes
42-245016959D7,758 ftFeb 2020
42-245016962D7,810 ftDec 2005
42-24501731577,815 ftJan 1992
42-24530044687,850 ftSep 1978Dec 1985Yes
42-2450169237,858 ftApr 1975Nov 1985Yes
42-24501728207,790 ftOct 1969Mar 1986Yes
42-245016933D1,930 ftFeb 1963Jan 1995Yes

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 (401)

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

401 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 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201813046.594.19$606
Nov 20186910152.934.24$4,080
Oct 201813231161.443.40$9,167
Sep 201814832659.543.11$9,825
Aug 201811945159.403.07$8,452
Jul 201811737165.142.93$8,709
Jun 201812135760.183.08$8,380
May 201814037065.382.90$10,227
Apr 201810336563.842.90$7,634
Mar 201812831661.222.79$8,717
Feb 201811928561.782.77$8,140
Jan 201815531662.874.01$11,012
Dec 201713932657.272.92$8,913
Nov 201715435055.423.12$9,626
Oct 201715340349.292.98$8,744
Sep 201710632047.523.09$6,025
Aug 201714255545.373.00$8,110
Jul 201715644343.873.09$8,211
Jun 201715539242.493.09$7,796
May 201715744545.373.26$8,575
Apr 201715442947.933.21$8,759
Mar 201717544346.772.98$9,507
Feb 201713639250.452.95$8,019
Jan 201713744349.413.42$8,284
Dec 201615846548.763.72$9,435
Nov 201615838542.492.64$7,731
Oct 201617936546.193.09$9,396
Sep 201615835041.553.10$7,650
Aug 201614739641.442.92$7,250
Jul 201612243641.622.92$6,353
Jun 201616742345.352.69$8,710
May 201610943642.521.99$5,503
Apr 201615561536.561.99$6,891
Mar 201614963633.011.79$6,059
Feb 201618159526.472.06$6,019
Jan 201616663627.352.36$6,044
Dec 201520668232.362.00$8,031
Nov 201517068038.792.17$8,068
Oct 201517768243.552.43$9,363
Sep 201517164542.992.76$9,130
Aug 201518164540.162.87$9,122
Jul 201521266748.152.95$12,172
Jun 201522964556.152.88$14,718
May 201523467755.212.96$14,920
Apr 201514740749.822.71$8,425
Mar 201514853042.892.93$7,903
Feb 201517246444.662.98$9,062
Jan 201515455043.433.10$8,394
Dec 201416860754.693.59$11,368
Nov 201415842570.464.25$12,940
Oct 201415843578.303.90$14,068
Sep 201417149886.164.05$16,748
Aug 201415152489.394.04$15,612
Jul 201419948596.564.18$21,243
Jun 201417346298.164.74$19,170
May 201417750694.734.73$19,159
Apr 201419345695.944.81$20,709
Mar 201417743195.895.06$19,152
Feb 201416840397.406.19$18,859
Jan 201416647090.404.86$17,291
Dec 201319160791.824.35$20,181
Nov 201320349788.853.74$19,894
Oct 201319451397.423.78$20,838
Sep 2013197553104.113.72$22,566
Aug 2013221515104.253.52$24,853
Jul 2013243548102.523.72$26,950
Jun 201321848994.403.93$22,503
May 201320849294.834.15$21,766
Apr 201317849693.964.28$18,849
Mar 201316750093.623.91$17,591
Feb 201319252291.233.42$19,301
Jan 201321749991.603.42$21,584
Dec 201216051086.773.42$15,627
Nov 201218356586.953.62$17,960
Oct 201220149889.383.40$19,658
Sep 201218043094.672.92$18,296
Aug 201219043492.662.91$18,868
Jul 201219142485.133.02$17,541
Jun 201219142079.822.52$16,304
May 201220649191.612.49$20,093
Apr 2012114328101.652.00$12,243
Mar 2012236398105.052.22$25,676
Feb 2012227352101.102.57$23,854
Jan 201221546898.092.73$22,369
Dec 201123942996.873.24$24,542
Nov 201122944595.723.31$23,393
Oct 201123649884.983.65$21,872
Sep 201123247083.623.99$21,273
Aug 201129556083.404.15$26,927
Jul 201122257594.144.52$23,496
Jun 201124357092.904.64$25,219
May 201120038498.134.40$21,317
Apr 2011174375105.964.33$20,062
Mar 201123040896.364.06$23,818
Feb 201121735685.644.18$20,072
Jan 201123533786.504.59$21,874
Dec 201024935385.734.35$22,882
Nov 201026538580.843.80$22,884
Oct 201019030978.103.51$15,923
Sep 201022733372.633.98$17,812
Aug 201022934473.684.42$18,393
Jul 201025149972.554.74$20,574
Jun 201031340070.364.91$23,987
May 201017465171.124.24$15,132
Apr 201028458581.694.12$25,612
Mar 201022664678.394.39$20,551
Feb 201021047873.585.44$18,053
Jan 201020852974.365.96$18,622
Dec 200920562971.445.48$18,094
Nov 200920278074.593.75$17,993
Oct 200923880672.544.11$20,577
Sep 200920779565.543.06$16,003
Aug 200923368067.423.22$17,897
Jul 200925359561.133.46$17,527
Jun 200918970566.163.90$15,250
May 200921666754.743.93$14,442
Apr 200918161546.773.59$10,672
Mar 200922769842.144.06$12,399
Feb 200912645032.814.63$6,219
Jan 20099849335.865.37$6,162
Dec 200811715437.105.98$5,261
Nov 200812219055.496.86$8,073
Oct 200813250975.246.92$13,455
Sep 200874102101.767.88$8,334
Aug 2008195438114.228.48$25,988
Jul 2008254438131.0811.39$38,283
Jun 2008223600131.3313.03$37,106
May 2008282443123.1711.57$39,861
Apr 2008247470110.3110.45$32,160
Mar 2008266651101.909.66$33,397
Feb 200823450992.538.77$26,116
Jan 200826442390.388.21$27,331
Dec 200726048488.337.30$26,500
Nov 200725365591.677.29$27,969
Oct 200724639682.856.92$23,122
Sep 200722170275.846.24$21,144
Aug 200722652269.066.39$18,942
Jul 200726655870.906.39$22,424
Jun 200725152262.007.55$19,502
May 200729955858.747.85$21,941
Apr 200726476559.617.81$21,708
Mar 200724389956.927.30$20,396
Feb 200723859655.108.22$18,011
Jan 200727769250.306.73$18,588
Dec 200627466256.656.92$20,102
Nov 200626756054.207.62$18,737
Oct 200628166454.906.01$19,420
Sep 200627742060.085.04$18,758
Aug 200627335268.717.34$21,341
Jul 200624559569.376.34$20,770
Jun 200626587066.286.38$23,118
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199956010.381.90$581
Dec 19986206359.201.77$6,830
Nov 199860470110.892.19$8,110
Oct 199867487912.421.97$10,102
Sep 19986371,01512.592.08$10,134
Aug 19987071,34911.301.91$10,562
Jul 19986751,46711.742.24$11,207
Jun 19986941,58511.242.24$11,347
May 199868777112.622.21$10,371
Apr 199858583213.042.51$9,713
Mar 199872097412.802.31$11,465
Feb 19986761,01813.952.30$11,771
Jan 19987281,16714.702.15$13,216
Dec 19977471,10316.322.41$14,850
Nov 19977261,02218.193.09$16,362
Oct 19977321,17019.253.15$17,776
Sep 19977371,12217.742.95$16,390
Aug 19977121,25017.862.55$15,910
Jul 19976931,32617.582.25$15,162
Jun 19977091,29317.242.26$15,142
May 19977681,38118.972.31$17,757
Apr 19976721,59717.882.08$15,342
Mar 19976951,29718.951.94$15,685
Feb 199751298420.492.21$12,661
Jan 19975591,32723.483.54$17,823
Dec 19966881,58023.32$16,044
Nov 19965861,72821.97$12,874
Oct 19966782,09323.31$15,804
Sep 19966231,72922.22$13,843
Aug 19965061,66820.26$10,252
Jul 19962971,71419.55$5,806
Jun 19965511,06518.73$10,320
May 19967111,47019.43$13,815
Apr 19965611,44221.51$12,067
Mar 19966261,48219.38$12,132
Feb 199668962216.98$11,699
Jan 199655185417.07$9,406
Dec 199553983917.19$9,265
Nov 199556377616.00$9,008
Oct 199564088015.43$9,875
Sep 199568990516.18$11,148
Aug 199565870115.92$10,475
Jul 199563788915.24$9,708
Jun 199551987816.41$8,517
May 199554390517.56$9,535
Apr 19954001,08017.73$7,092
Mar 19952711,29916.44$4,455
Feb 199543245316.58$7,163
Jan 199554465715.92$8,660
Dec 19944971,09515.03$7,470
Nov 19945471,10315.90$8,697
Oct 19945181,43415.58$8,070
Sep 19944901,25315.29$7,492
Aug 19946951,35616.13$11,210
Jul 19943551,90517.56$6,234
Jun 19944881,22817.09$8,340
May 199450156515.88$7,956
Apr 199450448414.14$7,127
Mar 199443471812.46$5,408
Feb 199428690012.50$3,575
Jan 19944581,03612.66$5,798
Dec 199340171512.33$4,944
Nov 199318047914.49$2,608
Oct 199345568915.85$7,212
Sep 199342245815.03$6,343
Aug 199340852915.66$6,389
Jul 199337578115.46$5,798
Jun 199355690716.79$9,335
May 199349190317.68$8,681
Apr 199351238218.05$9,242
Mar 199374157918.14$13,442
Feb 199342997717.90$7,679
Jan 19935671,18016.93$9,599

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.

Dec 2018 — as filed, then multipliedworked
Oil                   13 bbl  × $ 46.59 =       $606
Casinghead gas         0 Mcf  × $  4.19 =         $0

────────────────────────────────────────────────────
Month total                                     $606

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/9549 is the state's own key, not one this site invented.