STATE TRACT M-99142

Operated by PALEO OIL COMPANY LLC (P-5 635131) in the LA PERLA (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173218District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Mar 1999 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
327
no gaps in the span
Streams
2
condensate, 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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2010-11-02.

The Commission's schedule remark for this field reads: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111999-09-20140901
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition3 bbl$64
GasProduction706,246 Mcf$2,854,405
Total$2,854,469

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 27.1290, -99.4307. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.12896, -99.43066 · 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
10,500 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 10,500 ft.

Completions filed
Jul 1999
1 of 1 wells

1 well

42-50533868110,500 ftJul 1999

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 (327)

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

327 months

May 20260342106.413.05$1,042
Apr 20260098.932.87$0
Mar 2026047089.753.15$1,480
Feb 2026027263.503.75$1,020
Jan 2026046259.138.00$3,695
Dec 2025056256.664.41$2,480
Nov 2025047858.593.93$1,877
Oct 2025065159.383.30$2,151
Sep 2025023862.743.08$732
Aug 2025070363.933.01$2,119
Jul 2025040666.743.32$1,346
Jun 2025066366.483.13$2,074
May 2025065860.553.23$2,127
Apr 2025061662.363.54$2,183
Mar 2025050467.704.27$2,151
Feb 2025071870.884.34$3,117
Jan 2025066674.324.28$2,850
Dec 2024079768.993.12$2,488
Nov 2024020569.052.20$451
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 2023034674.852.64$914
Jun 202301,06968.962.26$2,414
May 202301,20570.622.23$2,684
Apr 2023067978.122.24$1,519
Mar 2023059872.852.39$1,431
Feb 2023071875.112.47$1,770
Jan 2023079076.533.39$2,676
Dec 2022052376.415.73$2,996
Nov 2022093985.005.65$5,302
Oct 202201,03787.185.86$6,081
Sep 2022089884.888.16$7,331
Aug 2022098394.529.13$8,972
Jul 202201,082101.587.54$8,161
Jun 202201,026115.097.98$8,185
May 202201,075109.378.43$9,066
Apr 202201,066104.226.84$7,289
Mar 202201,173108.885.08$5,955
Feb 2022022091.054.86$1,069
Jan 2022010181.844.54$458
Dec 202108671.323.90$335
Nov 202108977.435.24$466
Oct 202109579.795.71$543
Sep 202109669.865.35$514
Aug 2021010666.024.22$447
Jul 2021014670.783.98$581
Jun 2021013369.493.38$450
May 2021010763.483.02$323
Apr 202107260.362.76$199
Mar 202109561.302.72$258
Feb 202107957.805.55$438
Jan 2021010250.412.81$287
Dec 2020016544.642.68$441
Nov 2020010338.772.71$279
Oct 2020053536.972.48$1,326
Sep 2020023437.091.99$466
Aug 2020054839.982.39$1,307
Jul 2020063538.371.83$1,159
Jun 2020014234.901.69$240
May 2020018516.921.81$336
Apr 2020013714.751.80$247
Mar 202005830.341.86$108
Feb 2020055849.881.98$1,105
Jan 2020052457.252.09$1,098
Dec 2019057359.012.30$1,320
Nov 2019057355.302.75$1,576
Oct 2019060453.472.42$1,461
Sep 2019072155.052.66$1,916
Aug 2019071853.112.30$1,655
Jul 2019053656.272.46$1,319
Jun 2019055052.782.49$1,370
May 2019058858.482.74$1,611
Apr 2019064362.632.75$1,769
Mar 2019062256.803.06$1,905
Feb 2019050050.852.79$1,396
Jan 2019055646.033.23$1,795
Dec 2018075146.594.19$3,143
Nov 2018066352.934.24$2,809
Oct 2018067061.443.40$2,277
Sep 2018086459.543.11$2,685
Aug 2018088459.403.07$2,711
Jul 201801,06465.142.93$3,120
Jun 2018082160.183.08$2,526
May 2018065665.382.90$1,903
Apr 2018026963.842.90$780
Mar 2018051061.222.79$1,421
Feb 2018076161.782.77$2,105
Jan 2018057762.874.01$2,313
Dec 2017039957.272.92$1,166
Nov 20170055.423.12$0
Oct 2017012049.292.98$358
Sep 2017013847.523.09$426
Aug 2017014645.373.00$439
Jul 2017014943.873.09$460
Jun 2017016042.493.09$494
May 2017016945.373.26$552
Apr 2017010247.933.21$328
Mar 2017015946.772.98$474
Feb 2017014150.452.95$416
Jan 2017016449.413.42$561
Dec 2016014748.763.72$547
Nov 2016017142.492.64$452
Oct 2016017546.193.09$541
Sep 2016017641.553.10$546
Aug 2016018341.442.92$535
Jul 2016015741.622.92$459
Jun 2016020245.352.69$543
May 2016021142.521.99$420
Apr 2016019936.561.99$396
Mar 2016021233.011.79$380
Feb 2016021926.472.06$452
Jan 2016022627.352.36$534
Dec 2015021932.362.00$438
Nov 2015021038.792.17$455
Oct 2015022543.552.43$546
Sep 2015022942.992.76$632
Aug 2015024240.162.87$695
Jul 2015024648.152.95$724
Jun 2015023656.152.88$680
May 2015023955.212.96$706
Apr 2015022949.822.71$620
Mar 2015022942.892.93$672
Feb 2015020644.662.98$613
Jan 2015022143.433.10$685
Dec 2014012954.693.59$463
Nov 2014017470.464.25$740
Oct 2014018978.303.90$737
Sep 2014019486.164.05$785
Aug 2014020489.394.04$823
Jul 2014021596.564.18$899
Jun 2014019698.164.74$928
May 2014022394.734.73$1,054
Apr 2014016895.944.81$808
Mar 2014018195.895.06$915
Feb 2014019197.406.19$1,183
Jan 2014010190.404.86$491
Dec 2013017391.824.35$753
Nov 2013022288.853.74$830
Oct 2013010897.423.78$408
Sep 20130142104.113.72$528
Aug 20130178104.253.52$627
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201302494.834.15$100
Apr 201309093.964.28$385
Mar 2013010393.623.91$403
Feb 2013016191.233.42$551
Jan 2013019891.603.42$677
Dec 2012021486.773.42$732
Nov 2012026486.953.62$957
Oct 2012029789.383.40$1,010
Sep 2012027994.672.92$814
Aug 2012029692.662.91$861
Jul 2012030085.133.02$906
Jun 2012028379.822.52$713
May 2012031291.612.49$776
Apr 20120316101.652.00$631
Mar 20120345105.052.22$767
Feb 20120332101.102.57$853
Jan 2012032598.092.73$889
Dec 2011036796.873.24$1,189
Nov 2011031695.723.31$1,046
Oct 2011021284.983.65$773
Sep 2011029883.623.99$1,188
Aug 2011025183.404.15$1,041
Jul 2011019794.144.52$890
Jun 2011022492.904.64$1,039
May 2011033498.134.40$1,471
Apr 20110326105.964.33$1,413
Mar 2011033496.364.06$1,355
Feb 2011074385.644.18$3,106
Jan 2011088386.504.59$4,052
Dec 2010085885.734.35$3,730
Nov 2010044780.843.80$1,697
Oct 201001,28578.103.51$4,509
Sep 201001,60572.633.98$6,387
Aug 201002,47773.684.42$10,947
Jul 201003,03672.554.74$14,380
Jun 201003,10670.364.91$15,252
May 201003,40671.124.24$14,425
Apr 201003,74881.694.12$15,452
Mar 201004,32678.394.39$18,985
Feb 201004,20173.585.44$22,863
Jan 201005,24774.365.96$31,294
Dec 200905,72471.445.48$31,389
Nov 200905,94774.593.75$22,310
Oct 200902,25772.544.11$9,277
Sep 2009026565.543.06$812
Aug 2009031967.423.22$1,027
Jul 2009035361.133.46$1,223
Jun 2009090866.163.90$3,537
May 2009041654.743.93$1,633
Apr 2009035846.773.59$1,284
Mar 2009040742.144.06$1,652
Feb 2009099532.814.63$4,610
Jan 2009047535.865.37$2,551
Dec 2008040537.105.98$2,421
Nov 2008042955.496.86$2,943
Oct 2008039475.246.92$2,727
Sep 20080436101.767.88$3,434
Aug 20080415114.228.48$3,520
Jul 20080421131.0811.39$4,795
Jun 20080414131.3313.03$5,396
May 20080497123.1711.57$5,752
Apr 20080698110.3110.45$7,297
Mar 20080586101.909.66$5,663
Feb 2008072992.538.77$6,394
Jan 2008070390.388.21$5,769
Dec 2007069488.337.30$5,068
Nov 200701,29491.677.29$9,435
Oct 200701,27382.856.92$8,812
Sep 200701,32175.846.24$8,249
Aug 200701,65269.066.39$10,553
Jul 200702,22170.906.39$14,188
Jun 200702,46962.007.55$18,637
May 200702,03458.747.85$15,959
Apr 200702,76259.617.81$21,558
Mar 200703,05156.927.30$22,278
Feb 2007061355.108.22$5,036
Jan 200701,06750.306.73$7,178
Dec 2006065356.656.92$4,518
Nov 2006073554.207.62$5,599
Oct 200601,00554.906.01$6,044
Sep 200601,23660.085.04$6,226
Aug 200601,63268.717.34$11,979
Jul 2006098369.376.34$6,235
Jun 200601,15166.286.38$7,348
May 2006065666.016.42$4,215
Apr 2006083564.397.36$6,146
Mar 200601,37356.707.08$9,725
Feb 200601,10857.597.75$8,588
Jan 200601,07360.598.93$9,585
Dec 200501,96854.9413.42$26,402
Nov 200502,02954.6910.59$21,484
Oct 200502,17558.3413.80$30,006
Sep 200502,14861.4512.08$25,946
Aug 200501,57061.519.80$15,381
Jul 200502,10655.697.84$16,519
Jun 200502,09952.337.38$15,493
May 200502,35045.226.65$15,630
Apr 200502,13949.207.36$15,744
Mar 2005082950.377.15$5,931
Feb 2005090645.226.31$5,719
Jan 200501,60143.166.32$10,122
Dec 200401,19239.866.75$8,047
Nov 200401,74545.286.33$11,047
Oct 200402,38749.706.52$15,552
Sep 200402,59843.245.28$13,728
Aug 200402,53342.375.55$14,060
Jul 200401,95238.286.08$11,876
Jun 200401,55736.106.43$10,016
May 200401,86937.486.49$12,138
Apr 200401,84034.475.86$10,780
Mar 200402,01334.365.53$11,132
Feb 200401,97732.455.51$10,893
Jan 200401,83132.036.30$11,535
Dec 200302,09030.266.30$13,170
Nov 200302,30028.804.60$10,569
Oct 200302,74728.174.76$13,075
Sep 200302,34026.314.75$11,114
Aug 200302,24429.765.13$11,511
Jul 200302,33329.415.17$12,064
Jun 200302,26028.565.98$13,521
May 200302,25526.595.97$13,468
Apr 200301,34026.675.41$7,246
Mar 200302,33931.146.10$14,259
Feb 200301,74133.487.93$13,799
Jan 200301,60030.315.58$8,931
Dec 200202,22726.914.85$10,809
Nov 200202,04524.664.14$8,460
Oct 200201,53526.464.23$6,492
Sep 200202,01027.443.64$7,307
Aug 200202,08925.963.16$6,610
Jul 200201,82124.583.06$5,575
Jun 200202,42623.733.34$8,099
May 200203,73024.663.58$13,368
Apr 200223,98023.653.51$14,026
Mar 200202,83122.003.10$8,784
Feb 200204,73418.222.38$11,246
Jan 200203,18217.172.38$7,559
Dec 200116,82016.932.36$16,142
Nov 200102,18818.072.41$5,263
Oct 200102,90719.782.53$7,351
Sep 200104,79824.262.25$10,802
Aug 200105,34224.873.05$16,310
Jul 200105,90623.933.20$18,882
Jun 200105,89324.563.82$22,536
May 200105,88125.524.31$25,331
Apr 200106,40524.685.34$34,173
Mar 200106,79024.545.38$36,506
Feb 200106,29627.755.77$36,310
Jan 200107,13927.478.40$59,959
Dec 200007,42226.889.12$67,707
Nov 2000014,68732.215.66$83,099
Oct 200007,95631.235.15$40,938
Sep 2000016,69431.875.19$86,583
Aug 2000018,34429.644.54$83,296
Jul 200009,73228.534.09$39,801
Jun 200009,83329.304.40$43,238
May 2000010,45627.263.68$38,475
Apr 2000011,16424.513.12$34,787
Mar 2000012,56628.422.86$35,936
Feb 2000011,90527.622.73$32,459
Jan 2000013,56725.272.48$33,653
Dec 1999015,30624.282.42$37,097
Nov 1999016,07723.192.43$39,131
Oct 1999018,08520.982.80$50,705
Sep 1999019,31721.752.62$50,588
Aug 1999022,16119.262.88$63,726
Jul 1999025,85217.892.37$61,331
Jun 1999030,20915.942.36$71,357
May 1999038,32215.792.32$88,946
Apr 1999051,31815.102.21$113,313
Mar 19990012.471.84$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
Condensate             0 bbl  × $106.41 =         $0
Gas                  342 Mcf  × $  3.05 =     $1,042

────────────────────────────────────────────────────
Month total                                   $1,042

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. 04/G/173218 is the state's own key, not one this site invented.