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 201429District 04Field 548892002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.8 M
Jan 2004 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
269
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 Gas112005-09-19165143
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
CondensateDisposition9,698 bbl$530,735
GasProduction1,473,218 Mcf$10,243,116
Total$10,773,850

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 27.6629, -98.7934. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66287, -98.79340 · 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
9,870 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 9,870 ft.

1 well

42-1313866229,870 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 (269)

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

269 months

May 20260158106.413.05$481
Apr 2026016798.932.87$479
Mar 2026016889.753.15$529
Feb 2026010763.503.75$401
Jan 2026016159.138.00$1,288
Dec 2025012256.664.41$538
Nov 2025015858.593.93$620
Oct 2025013559.383.30$446
Sep 2025011862.743.08$363
Aug 2025014063.933.01$422
Jul 2025012666.743.32$418
Jun 2025010166.483.13$316
May 2025010460.553.23$336
Apr 2025010762.363.54$379
Mar 2025011467.704.27$487
Feb 202507970.884.34$343
Jan 202509774.324.28$415
Dec 2024211968.993.12$509
Nov 2024015569.052.20$341
Oct 202408971.372.28$203
Sep 202402669.612.36$61
Aug 202482875.632.06$663
Jul 202402679.932.15$56
Jun 202402678.082.63$68
May 202402878.812.20$62
Apr 202492484.451.66$800
Mar 202402880.301.55$43
Feb 202402576.091.78$45
Jan 202401473.023.30$46
Dec 202302671.262.61$68
Nov 202302577.892.81$70
Oct 202322385.443.09$242
Sep 202302889.042.74$77
Aug 2023122880.522.67$1,041
Jul 202302774.852.64$71
Jun 2023011568.962.26$260
May 2023118070.622.23$8,333
Apr 2023015378.122.24$342
Mar 2023014572.852.39$347
Feb 2023014675.112.47$360
Jan 2023019776.533.39$667
Dec 2022023576.415.73$1,346
Nov 2022020085.005.65$1,129
Oct 2022018887.185.86$1,102
Sep 2022018784.888.16$1,527
Aug 2022018094.529.13$1,643
Jul 20220163101.587.54$1,229
Jun 20220151115.097.98$1,205
May 20220163109.378.43$1,375
Apr 20220166104.226.84$1,135
Mar 20220143108.885.08$726
Feb 2022013191.054.86$637
Jan 2022014281.844.54$644
Dec 2021014871.323.90$577
Nov 2021711977.435.24$1,165
Oct 2021012679.795.71$720
Sep 2021013569.865.35$722
Aug 2021617766.024.22$1,143
Jul 20211317870.783.98$1,629
Jun 2021013769.493.38$463
May 2021715763.483.02$918
Apr 2021013060.362.76$359
Mar 2021610661.302.72$656
Feb 202107057.805.55$388
Jan 2021017350.412.81$486
Dec 2020516644.642.68$667
Nov 2020513838.772.71$567
Oct 2020012736.972.48$315
Sep 2020316837.091.99$446
Aug 2020019339.982.39$460
Jul 2020021838.371.83$398
Jun 2020015134.901.69$255
May 2020022016.921.81$399
Apr 2020423614.751.80$485
Mar 2020022730.341.86$421
Feb 2020021049.881.98$416
Jan 2020024557.252.09$513
Dec 2019522959.012.30$823
Nov 2019016955.302.75$465
Oct 2019323653.472.42$731
Sep 2019323255.052.66$782
Aug 2019322853.112.30$685
Jul 2019026456.272.46$649
Jun 2019223152.782.49$681
May 2019023758.482.74$649
Apr 2019323562.632.75$834
Mar 2019220956.803.06$754
Feb 2019220650.852.79$677
Jan 2019220146.033.23$741
Dec 20180046.594.19$0
Nov 20182252.934.24$114
Oct 2018223561.443.40$921
Sep 20182259.543.11$125
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018523860.183.08$1,033
May 2018225365.382.90$865
Apr 2018018063.842.90$522
Mar 2018224661.222.79$808
Feb 2018221861.782.77$727
Jan 2018222262.874.01$1,016
Dec 2017218757.272.92$661
Nov 2017222855.423.12$822
Oct 2017226849.292.98$898
Sep 2017026547.523.09$818
Aug 2017227845.373.00$926
Jul 2017227043.873.09$921
Jun 2017026942.493.09$830
May 2017227145.373.26$975
Apr 2017527147.933.21$1,110
Mar 2017223946.772.98$807
Feb 2017017850.452.95$526
Jan 2017321149.413.42$870
Dec 2016322448.763.72$980
Nov 2016327242.492.64$847
Oct 2016028746.193.09$887
Sep 2016328841.553.10$1,018
Aug 2016230341.442.92$969
Jul 2016232841.622.92$1,042
Jun 2016031545.352.69$846
May 2016036342.521.99$723
Apr 2016035336.561.99$703
Mar 2016035333.011.79$633
Feb 2016034826.472.06$718
Jan 2016034527.352.36$816
Dec 2015047432.362.00$949
Nov 2015268438.792.17$1,560
Oct 2015015343.552.43$371
Sep 2015010042.992.76$276
Aug 201509640.162.87$276
Jul 2015011848.152.95$348
Jun 2015010056.152.88$288
May 2015013355.212.96$393
Apr 2015010249.822.71$276
Mar 201505742.892.93$167
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014259954.693.59$2,261
Nov 2014021270.464.25$901
Oct 2014150678.303.90$2,052
Sep 2014038086.164.05$1,537
Aug 2014240889.394.04$1,825
Jul 2014130996.564.18$1,388
Jun 2014135498.164.74$1,775
May 2014133994.734.73$1,697
Apr 2014125195.944.81$1,303
Mar 2014133395.895.06$1,780
Feb 2014117597.406.19$1,181
Jan 2014116790.404.86$902
Dec 2013127391.824.35$1,281
Nov 2013023088.853.74$860
Oct 2013125197.423.78$1,046
Sep 20131292104.113.72$1,190
Aug 20132292104.253.52$1,237
Jul 20130325102.523.72$1,208
Jun 2013229494.403.93$1,345
May 2013137394.834.15$1,642
Apr 2013238693.964.28$1,841
Mar 2013282393.623.91$3,408
Feb 201314391.233.42$238
Jan 2013013691.603.42$465
Dec 20120086.773.42$0
Nov 2012241586.953.62$1,678
Oct 201214533689.383.40$14,102
Sep 2012026694.672.92$776
Aug 2012023792.662.91$689
Jul 2012031185.133.02$939
Jun 2012021879.822.52$549
May 2012033191.612.49$824
Apr 20120272101.652.00$543
Mar 2012098105.052.22$218
Feb 2012044101.102.57$113
Jan 2012024498.092.73$667
Dec 2011030596.873.24$988
Nov 2011043895.723.31$1,450
Oct 2011259184.983.65$2,326
Sep 2011030483.623.99$1,212
Aug 2011039783.404.15$1,647
Jul 2011025294.144.52$1,138
Jun 2011012392.904.64$571
May 2011082398.134.40$3,625
Apr 20110971105.964.33$4,208
Mar 201111,08196.364.06$4,482
Feb 201101,06485.644.18$4,448
Jan 201101,27286.504.59$5,837
Dec 201013,04785.734.35$13,333
Nov 201003,72680.843.80$14,141
Oct 201014,73678.103.51$16,696
Sep 201005,71272.633.98$22,731
Aug 201002,68673.684.42$11,870
Jul 201001,78972.554.74$8,474
Jun 20101741,67670.364.91$20,472
May 201003,04071.124.24$12,875
Apr 201012,96581.694.12$12,305
Mar 201023,55378.394.39$15,750
Feb 201003,41273.585.44$18,569
Jan 201002,89874.365.96$17,284
Dec 200903,67071.445.48$20,125
Nov 200903,77174.593.75$14,147
Oct 200903,56672.544.11$14,657
Sep 200901,96065.543.06$6,007
Aug 200901,72467.423.22$5,549
Jul 2009063661.133.46$2,203
Jun 200901,89466.163.90$7,377
May 200912,66054.743.93$10,497
Apr 200914,29846.773.59$15,466
Mar 20091806,10642.144.06$32,369
Feb 200904,10632.814.63$19,023
Jan 200907,31735.865.37$39,300
Dec 200805,98837.105.98$35,791
Nov 200806,60255.496.86$45,292
Oct 200806,60575.246.92$45,720
Sep 200806,951101.767.88$54,754
Aug 200805,373114.228.48$45,579
Jul 20081776,653131.0811.39$98,975
Jun 200806,179131.3313.03$80,529
May 200807,370123.1711.57$85,303
Apr 200807,032110.3110.45$73,519
Mar 2008188,364101.909.66$82,664
Feb 2008278,46092.538.77$76,697
Jan 20081816,59990.388.21$70,508
Dec 200709,19188.337.30$67,112
Nov 2007013,82191.677.29$100,779
Oct 200709,87682.856.92$68,361
Sep 200706,59075.846.24$41,149
Aug 20072019,70469.066.39$75,870
Jul 2007010,17270.906.39$64,978
Jun 2007011,53662.007.55$87,079
May 2007015,10958.747.85$118,549
Apr 200712018,51759.617.81$151,682
Mar 2007015,24656.927.30$111,326
Feb 2007010,86855.108.22$89,291
Jan 20071845,14950.306.73$43,892
Dec 200609,80956.656.92$67,863
Nov 2006017,46054.207.62$133,001
Oct 200617120,31654.906.01$131,564
Sep 2006023,89460.085.04$120,359
Aug 200617824,33268.717.34$190,825
Jul 200617923,30769.376.34$160,248
Jun 2006026,50866.286.38$169,224
May 200617556,51166.016.42$374,635
Apr 200617928,69364.397.36$222,720
Mar 200617820,58056.707.08$155,859
Feb 20064312,99857.597.75$103,225
Jan 200692019,36660.598.93$228,745
Dec 200522123,79754.9413.42$331,388
Nov 200517727,57254.6910.59$301,623
Oct 200522932,16058.3413.80$457,032
Sep 200523122,42161.4512.08$285,018
Aug 200523731,96361.519.80$327,714
Jul 200521419,46655.697.84$164,602
Jun 200538624,32052.337.38$199,706
May 200517520,52345.226.65$144,415
Apr 200538321,54849.207.36$177,447
Mar 200558725,85650.377.15$214,564
Feb 20054923,96145.226.31$153,456
Jan 200521534,26743.166.32$225,922
Dec 200423037,92039.866.75$265,169
Nov 200418142,12945.286.33$274,890
Oct 200435747,45249.706.52$326,897
Sep 200417949,74743.245.28$270,598
Aug 200435355,37342.375.55$322,313
Jul 200434958,82838.286.08$371,280
Jun 200435649,17736.106.43$329,208
May 200412051,56337.486.49$339,378
Apr 200435050,71734.475.86$309,188
Mar 200418357,04734.365.53$321,766
Feb 200418141,91932.455.51$236,831
Jan 20040032.036.30$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                  158 Mcf  × $  3.05 =       $481

────────────────────────────────────────────────────
Month total                                     $481

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/201429 is the state's own key, not one this site invented.