PEAL RANCH

Operated by ORX RESOURCES, L.L.C. (P-5 627136) in the LOPEZ, SE. (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201324District 04Field 548892002 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.1 M
Apr 2004 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
266
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 61 leases and 61 wells, and the rule below applies to all of them.

Discovered
2006-12-19
as the register files it
Field class
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 2009-02-10.

The Commission's schedule remark for this field reads: NO BETWEEN WELL SPACING. ALLOCATION FORMULA SUSPENDED.

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 Gas112005-09-19165145
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
CondensateDisposition15,843 bbl$879,927
GasProduction2,046,991 Mcf$13,211,131
Total$14,091,057

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 27.6738, -98.7816. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.67376, -98.78159 · 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
9,100 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 9,100 ft.

1 well

42-1313868739,100 ft

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 (266)

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

266 months

May 20260712106.413.05$2,169
Apr 2026074698.932.87$2,141
Mar 2026075489.753.15$2,375
Feb 2026049263.503.75$1,845
Jan 2026073359.138.00$5,862
Dec 2025054556.664.41$2,405
Nov 2025071458.593.93$2,803
Oct 2025061359.383.30$2,026
Sep 2025053862.743.08$1,655
Aug 2025063063.933.01$1,899
Jul 2025056566.743.32$1,873
Jun 2025045866.483.13$1,433
May 2025047260.553.23$1,526
Apr 2025045962.363.54$1,626
Mar 2025051367.704.27$2,190
Feb 2025035770.884.34$1,550
Jan 2025044574.324.28$1,904
Dec 20241153368.993.12$2,423
Nov 2024063569.052.20$1,396
Oct 2024044071.372.28$1,004
Sep 2024045969.612.36$1,085
Aug 20241650275.632.06$2,246
Jul 2024047779.932.15$1,024
Jun 2024044778.082.63$1,177
May 2024050678.812.20$1,112
Apr 20241643984.451.66$2,080
Mar 2024049580.301.55$765
Feb 2024044476.091.78$792
Jan 2024024873.023.30$818
Dec 2023044171.262.61$1,151
Nov 2023044377.892.81$1,244
Oct 20231040785.443.09$2,111
Sep 2023048689.042.74$1,329
Aug 20231252280.522.67$2,361
Jul 2023050374.852.64$1,329
Jun 2023047368.962.26$1,068
May 202313839170.622.23$10,616
Apr 2023035578.122.24$794
Mar 2023032472.852.39$775
Feb 2023034275.112.47$843
Jan 2023034576.533.39$1,169
Dec 2022046876.415.73$2,681
Nov 2022044585.005.65$2,513
Oct 2022042887.185.86$2,510
Sep 2022038984.888.16$3,176
Aug 2022036594.529.13$3,331
Jul 20220328101.587.54$2,474
Jun 20220320115.097.98$2,553
May 20220363109.378.43$3,061
Apr 20220434104.226.84$2,968
Mar 20220399108.885.08$2,025
Feb 2022033991.054.86$1,647
Jan 2022033981.844.54$1,538
Dec 2021040471.323.90$1,575
Nov 20213435877.435.24$4,507
Oct 2021035279.795.71$2,011
Sep 2021037469.865.35$2,001
Aug 2021950166.024.22$2,709
Jul 20211349170.783.98$2,875
Jun 2021044769.493.38$1,511
May 2021741363.483.02$1,691
Apr 2021034060.362.76$938
Mar 2021744361.302.72$1,633
Feb 2021025357.805.55$1,404
Jan 2021042950.412.81$1,206
Dec 2020741544.642.68$1,423
Nov 2020735538.772.71$1,232
Oct 2020049236.972.48$1,219
Sep 2020643337.091.99$1,085
Aug 2020040739.982.39$971
Jul 2020044938.371.83$819
Jun 2020029034.901.69$490
May 2020050716.921.81$920
Apr 20201348914.751.80$1,074
Mar 2020047230.341.86$876
Feb 2020042649.881.98$844
Jan 2020044957.252.09$941
Dec 2019945059.012.30$1,568
Nov 2019035655.302.75$979
Oct 2019651953.472.42$1,576
Sep 2019551055.052.66$1,630
Aug 2019444953.112.30$1,247
Jul 201901856.272.46$44
Jun 2019554852.782.49$1,629
May 2019057858.482.74$1,584
Apr 2019558662.632.75$1,925
Mar 2019551756.803.06$1,867
Feb 2019550750.852.79$1,670
Jan 2019551446.033.23$1,889
Dec 2018050446.594.19$2,109
Nov 2018566452.934.24$3,078
Oct 2018570661.443.40$2,706
Sep 2018553459.543.11$1,957
Aug 2018050259.403.07$1,539
Jul 2018058365.142.93$1,709
Jun 20181056760.183.08$2,346
May 2018556765.382.90$1,972
Apr 2018043463.842.90$1,259
Mar 2018553561.222.79$1,797
Feb 2018548561.782.77$1,650
Jan 2018551862.874.01$2,391
Dec 20172542957.272.92$2,685
Nov 2017544455.423.12$1,662
Oct 2017550749.292.98$1,759
Sep 2017054447.523.09$1,679
Aug 2017552345.373.00$1,798
Jul 2017551443.873.09$1,806
Jun 2017057742.493.09$1,781
May 2017560045.373.26$2,185
Apr 20171059947.933.21$2,403
Mar 2017552146.772.98$1,788
Feb 2017037550.452.95$1,107
Jan 2017244649.413.42$1,624
Dec 201622,07048.763.72$7,804
Nov 2016232142.492.64$934
Oct 2016034446.193.09$1,063
Sep 2016225141.553.10$861
Aug 20162531241.442.92$1,948
Jul 2016113541.622.92$436
Jun 2016034145.352.69$916
May 2016034142.521.99$679
Apr 2016055636.561.99$1,107
Mar 201601,63233.011.79$2,928
Feb 201601,82226.472.06$3,760
Jan 201601,93627.352.36$4,577
Dec 201502,03032.362.00$4,063
Nov 201501,81838.792.17$3,940
Oct 201501,84543.552.43$4,477
Sep 201501,80342.992.76$4,973
Aug 201501,83340.162.87$5,265
Jul 201501,90348.152.95$5,604
Jun 201501,85756.152.88$5,353
May 201502,06455.212.96$6,100
Apr 201502,20149.822.71$5,957
Mar 201502,01742.892.93$5,919
Feb 2015152,09744.662.98$6,911
Jan 201502,50143.433.10$7,755
Dec 201461,03554.693.59$4,045
Nov 201402,97670.464.25$12,653
Oct 201461,24678.303.90$5,330
Sep 201471,28286.164.05$5,789
Aug 201461,43289.394.04$6,315
Jul 201461,25796.564.18$5,833
Jun 2014599398.164.74$5,195
May 201441,03594.734.73$5,271
Apr 2014485495.944.81$4,491
Mar 201441,12995.895.06$6,093
Feb 2014491297.406.19$6,037
Jan 2014491890.404.86$4,824
Dec 201341,01891.824.35$4,800
Nov 2013088188.853.74$3,293
Oct 201371,11897.423.78$4,907
Sep 201351,140104.113.72$4,759
Aug 2013111,288104.253.52$5,684
Jul 201301,209102.523.72$4,495
Jun 2013101,20094.403.93$5,664
May 201351,39694.834.15$6,266
Apr 201391,32293.964.28$6,507
Mar 201341,27193.623.91$5,348
Feb 201341,31791.233.42$4,869
Jan 201341,44391.603.42$5,301
Dec 201251,51086.773.42$5,598
Nov 201291,55986.953.62$6,434
Oct 201201,69289.383.40$5,752
Sep 201202,53494.672.92$7,395
Aug 201214,54592.662.91$13,310
Jul 20121715,37385.133.02$30,788
Jun 201245,41379.822.52$13,955
May 201214,96291.612.49$12,439
Apr 201214,746101.652.00$9,578
Mar 201205,381105.052.22$11,957
Feb 201202,573101.102.57$6,613
Jan 201203,84898.092.73$10,521
Dec 201103,21596.873.24$10,416
Nov 201103,80795.723.31$12,606
Oct 201113,00284.983.65$11,038
Sep 201104,59083.623.99$18,295
Aug 201103,75783.404.15$15,589
Jul 201103,64894.144.52$16,479
Jun 20111725,61392.904.64$42,022
May 201105,31998.134.40$23,429
Apr 201115,526105.964.33$24,052
Mar 201126,09796.364.06$24,930
Feb 201125,56485.644.18$23,429
Jan 201116,95586.504.59$32,001
Dec 201002,91185.734.35$12,656
Nov 201004,23180.843.80$16,058
Oct 20101756,17278.103.51$35,324
Sep 201005,41172.633.98$21,533
Aug 201008,58273.684.42$37,927
Jul 201017,01372.554.74$33,290
Jun 20101735,63770.364.91$39,852
May 201007,53671.124.24$31,917
Apr 20101766,42981.694.12$40,882
Mar 2010313,67978.394.39$60,268
Feb 201009,20273.585.44$50,081
Jan 201007,14274.365.96$42,596
Dec 20091849,27171.445.48$63,985
Nov 200908,76374.593.75$32,874
Oct 200917910,36572.544.11$55,587
Sep 2009013,02165.543.06$39,906
Aug 200935418,64967.423.22$83,888
Jul 2009019,70461.133.46$68,265
Jun 200917815,35166.163.90$71,569
May 200918316,24054.743.93$73,772
Apr 20091809,54546.773.59$42,661
Mar 200901,59342.144.06$6,466
Feb 200902,28232.814.63$10,573
Jan 200903,31535.865.37$17,805
Dec 200802,87437.105.98$17,178
Nov 200801,45355.496.86$9,968
Oct 200801,74775.246.92$12,093
Sep 200801,847101.767.88$14,549
Aug 200801,971114.228.48$16,720
Jul 200802,086131.0811.39$23,758
Jun 200802,177131.3313.03$28,372
May 200802,631123.1711.57$30,452
Apr 200802,447110.3110.45$25,583
Mar 200852,322101.909.66$22,949
Feb 200851,96692.538.77$17,706
Jan 200802,38490.388.21$19,562
Dec 20071811,54088.337.30$27,233
Nov 200702,33091.677.29$16,990
Oct 200703,23382.856.92$22,379
Sep 200701,92675.846.24$12,026
Aug 200752,47069.066.39$16,124
Jul 200702,85770.906.39$18,250
Jun 200702,54362.007.55$19,196
May 200703,16358.747.85$24,818
Apr 2007657,44059.617.81$61,945
Mar 200707,20456.927.30$52,603
Feb 20071757,77455.108.22$73,514
Jan 2007011,64450.306.73$78,327
Dec 20061806556.656.92$10,647
Nov 200618013354.207.62$10,769
Oct 200617922454.906.01$11,174
Sep 200618017,05960.085.04$96,744
Aug 200618321,42968.717.34$169,861
Jul 200618030,99769.376.34$209,093
Jun 200635541,15566.286.38$286,258
May 200616343,48166.016.42$290,125
Apr 200636336,36264.397.36$291,015
Mar 200635344,84456.707.08$337,642
Feb 200654637,61857.597.75$323,026
Jan 200654153,16560.598.93$507,719
Dec 200554336,17554.9413.42$515,135
Nov 200571537,48854.6910.59$436,041
Oct 200535628,56858.3413.80$414,886
Sep 200540124,31661.4512.08$318,354
Aug 200573849,07961.519.80$526,213
Jul 20051,04259,84355.697.84$527,416
Jun 2005438,80352.337.38$67,225
May 200518217,34945.226.65$123,621
Apr 200522328,02949.207.36$217,278
Mar 200525142,35450.377.15$315,681
Feb 200545444,58245.226.31$301,928
Jan 200523959,89743.166.32$388,996
Dec 200444665,38439.866.75$459,190
Nov 200436374,94545.286.33$490,870
Oct 200435687,89149.706.52$590,312
Sep 200453793,68443.245.28$518,237
Aug 2004359102,66642.375.55$585,075
Jul 2004533112,20338.286.08$703,066
Jun 2004355116,57436.106.43$762,738
May 2004541100,71537.486.49$674,378
Apr 200453719,67134.475.86$133,752

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                  712 Mcf  × $  3.05 =     $2,169

────────────────────────────────────────────────────
Month total                                   $2,169

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/201324 is the state's own key, not one this site invented.