FROST BANK/PEAL RANCH UNIT

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 230687District 04Field 548892002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Sep 2007 – May 2026
Value, last 12 filed months
$648
at the published price for each month
Months reported
225
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 Gas112009-04-09189548
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
CondensateDisposition9,244 bbl$733,275
GasProduction1,149,290 Mcf$5,132,323
Total$5,865,598

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 27.6624, -98.7758. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.66238, -98.77582 · 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
8,950 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 8,950 ft.

Completions filed
Sep 2007
1 of 1 wells

1 well

42-1313901318,950 ftSep 2007

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 (225)

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

225 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 20250556.664.41$22
Nov 20250058.593.93$0
Oct 20250859.383.30$26
Sep 20250762.743.08$22
Aug 20250063.933.01$0
Jul 202507966.743.32$262
Jun 2025010166.483.13$316
May 2025014460.553.23$465
Apr 2025010762.363.54$379
Mar 2025011467.704.27$487
Feb 202508370.884.34$360
Jan 2025013174.324.28$561
Dec 2024411968.993.12$647
Nov 2024011869.052.20$259
Oct 202409771.372.28$221
Sep 2024010269.612.36$241
Aug 20241011275.632.06$987
Jul 2024010979.932.15$234
Jun 2024010078.082.63$263
May 2024011278.812.20$246
Apr 2024109884.451.66$1,007
Mar 2024011080.301.55$170
Feb 202409976.091.78$177
Jan 202405673.023.30$185
Dec 2023010971.262.61$285
Nov 202309877.892.81$275
Oct 2023212685.443.09$560
Sep 2023010789.042.74$293
Aug 2023011680.522.67$310
Jul 2023011174.852.64$293
Jun 2023010968.962.26$246
May 2023152070.622.23$10,734
Apr 202302,26678.122.24$5,071
Mar 202302,13472.852.39$5,107
Feb 202301,80175.112.47$4,441
Jan 202301,92476.533.39$6,518
Dec 202202,72976.415.73$15,635
Nov 202202,22185.005.65$12,540
Oct 202202,45287.185.86$14,378
Sep 202202,18884.888.16$17,862
Aug 202202,10194.529.13$19,176
Jul 202202,217101.587.54$16,721
Jun 202202,162115.097.98$17,247
May 202202,537109.378.43$21,395
Apr 202201,986104.226.84$13,579
Mar 202202,331108.885.08$11,833
Feb 202202,22891.054.86$10,826
Jan 202202,60981.844.54$11,839
Dec 202102,49771.323.90$9,736
Nov 2021382,31677.435.24$15,071
Oct 202102,26879.795.71$12,959
Sep 202102,25769.865.35$12,077
Aug 2021571,68566.024.22$10,875
Jul 2021132,27770.783.98$9,987
Jun 202102,29269.493.38$7,748
May 202171,84463.483.02$6,009
Apr 202101,71560.362.76$4,731
Mar 202172,29561.302.72$6,664
Feb 202101,73857.805.55$9,642
Jan 202102,43150.412.81$6,832
Dec 2020112,40144.642.68$6,915
Nov 2020122,06038.772.71$6,041
Oct 202002,38436.972.48$5,909
Sep 2020172,17037.091.99$4,951
Aug 202002,17739.982.39$5,192
Jul 202002,63538.371.83$4,809
Jun 202002,22934.901.69$3,768
May 202002,44316.921.81$4,433
Apr 2020392,65214.751.80$5,360
Mar 202002,43730.341.86$4,524
Feb 202002,32449.881.98$4,603
Jan 202002,42957.252.09$5,088
Dec 2019211,11859.012.30$3,815
Nov 201901,02055.302.75$2,806
Oct 2019221,77653.472.42$5,472
Sep 2019222,00155.052.66$6,528
Aug 2019162,05553.112.30$5,585
Jul 201901,95556.272.46$4,809
Jun 2019291,10252.782.49$4,276
May 201901,82658.482.74$5,004
Apr 20191172,08762.632.75$13,068
Mar 2019301,96456.803.06$7,718
Feb 2019301,99550.852.79$7,096
Jan 2019301,93946.033.23$7,640
Dec 201802,08546.594.19$8,727
Nov 2018273,21452.934.24$15,048
Oct 2018282,28761.443.40$9,492
Sep 2018301,99159.543.11$7,974
Aug 201802,86559.403.07$8,786
Jul 201803,02765.142.93$8,875
Jun 2018592,86460.183.08$12,363
May 2018293,06865.382.90$10,796
Apr 201802,38563.842.90$6,918
Mar 2018333,11761.222.79$10,707
Feb 2018292,55061.782.77$8,845
Jan 2018322,93062.874.01$13,759
Dec 2017402,69757.272.92$10,170
Nov 2017302,23355.423.12$8,626
Oct 2017292,60449.292.98$9,199
Sep 201702,62547.523.09$8,104
Aug 2017293,36645.373.00$11,429
Jul 2017292,44643.873.09$8,824
Jun 201703,05342.493.09$9,425
May 2017292,72245.373.26$10,199
Apr 2017592,81447.933.21$11,865
Mar 2017292,83946.772.98$9,827
Feb 201702,14150.452.95$6,322
Jan 2017342,54849.413.42$10,391
Dec 2016332,89848.763.72$12,398
Nov 2016333,64142.492.64$11,030
Oct 201603,00946.193.09$9,299
Sep 2016333,75741.553.10$13,020
Aug 2016363,63341.442.92$12,116
Jul 2016303,86741.622.92$12,557
Jun 201604,25245.352.69$11,420
May 201605,50642.521.99$10,963
Apr 201604,65836.561.99$9,274
Mar 201604,97433.011.79$8,923
Feb 201605,29626.472.06$10,929
Jan 201605,53427.352.36$13,084
Dec 201505,28432.362.00$10,575
Nov 201505,05838.792.17$10,962
Oct 201505,70643.552.43$13,846
Sep 201536,00042.992.76$16,679
Aug 201505,19840.162.87$14,931
Jul 201505,38148.152.95$15,847
Jun 201505,82756.152.88$16,798
May 201506,28655.212.96$18,578
Apr 201505,82849.822.71$15,774
Mar 201506,11242.892.93$17,937
Feb 2015314,17344.662.98$13,804
Jan 201502,81443.433.10$8,725
Dec 20142004,62854.693.59$27,559
Nov 201402,34570.464.25$9,971
Oct 2014365,58478.303.90$24,602
Sep 2014335,34286.164.05$24,454
Aug 2014386,95889.394.04$31,473
Jul 2014316,05396.564.18$28,292
Jun 20142076,27498.164.74$50,038
May 2014306,78594.734.73$34,912
Apr 2014325,48395.944.81$29,438
Mar 2014317,32895.895.06$40,029
Feb 2014336,58697.406.19$43,995
Jan 2014316,74290.404.86$35,573
Dec 2013356,73491.824.35$32,537
Nov 201307,07488.853.74$26,445
Oct 20132337,44197.423.78$50,821
Sep 2013327,443104.113.72$31,003
Aug 2013626,905104.253.52$30,787
Jul 201307,617102.523.72$28,318
Jun 2013647,41394.403.93$35,200
May 2013307,51194.834.15$34,009
Apr 2013557,70093.964.28$38,144
Mar 2013318,12393.623.91$34,686
Feb 20132038,17191.233.42$46,464
Jan 2013288,48691.603.42$31,586
Dec 2012318,58786.773.42$32,059
Nov 2012528,47486.953.62$35,239
Oct 20121688,61889.383.40$44,314
Sep 201206,99694.672.92$20,417
Aug 201206,88992.662.91$20,034
Jul 201207,80485.133.02$23,574
Jun 201208,05079.822.52$20,278
May 20121798,69091.612.49$38,022
Apr 201209,282101.652.00$18,534
Mar 2012899,882105.052.22$31,308
Feb 2012010,502101.102.57$26,993
Jan 201206,37098.092.73$17,416
Dec 201107,73796.873.24$25,066
Nov 20111276,95795.723.31$35,193
Oct 201109,12084.983.65$33,275
Sep 20111679,15183.623.99$50,439
Aug 2011010,06483.404.15$41,759
Jul 201109,94494.144.52$44,919
Jun 201110110,51692.904.64$58,176
May 201118011,06098.134.40$66,381
Apr 201117911,098105.964.33$67,058
Mar 2011011,45796.364.06$46,485
Feb 201118311,03385.644.18$61,790
Jan 2011011,71086.504.59$53,735
Dec 2010012,67785.734.35$55,116
Nov 201018313,05580.843.80$64,342
Oct 2010013,69178.103.51$48,040
Sep 201018113,48572.633.98$66,809
Aug 201018014,25973.684.42$76,278
Jul 2010014,08172.554.74$66,695
Jun 201035214,72870.364.91$97,087
May 2010015,97371.124.24$67,649
Apr 201018016,42781.694.12$82,428
Mar 201017716,58278.394.39$86,648
Feb 201018414,85773.585.44$94,396
Jan 201018616,47174.365.96$112,065
Dec 200918012,33671.445.48$80,507
Nov 200935114,99674.593.75$82,439
Oct 200918616,41472.544.11$80,958
Sep 2009015,03065.543.06$46,063
Aug 200935915,79167.423.22$75,027
Jul 200917313,56261.133.46$57,561
Jun 200905,05166.163.90$19,674
May 200903,68054.743.93$14,447
Apr 200902,51746.773.59$9,030
Mar 200902,21542.144.06$8,991
Feb 200902,13532.814.63$9,891
Jan 200902,76235.865.37$14,835
Dec 200802,76337.105.98$16,515
Nov 200803,37955.496.86$23,181
Oct 200803,83875.246.92$26,567
Sep 200803,852101.767.88$30,343
Aug 200804,250114.228.48$36,053
Jul 200804,679131.0811.39$53,291
Jun 200805,512131.3313.03$71,836
May 200806,340123.1711.57$73,381
Apr 200806,894110.3110.45$72,076
Mar 200809,709101.909.66$93,828
Feb 200818011,38392.538.77$116,491
Jan 200855022,32990.388.21$232,935
Dec 200718219,14288.337.30$155,850
Nov 200753834,22391.677.29$298,862
Oct 200752144,58082.856.92$351,747
Sep 2007010,29575.846.24$64,284

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.66 =         $0
Gas                    5 Mcf  × $  4.41 =        $22

────────────────────────────────────────────────────
Month total                                      $22

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/230687 is the state's own key, not one this site invented.