WHITE POINT MINERALS

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

Gas lease lease 286512District 04Field 96979001CondensateGasSaveExport
Value, all time
$4.1 M
Feb 2019 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
88
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 71 leases and 261 wells, and the rule below applies to all of them.

Discovered
1938-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2019.

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
CondensateDisposition9,254 bbl$557,847
GasProduction1,187,766 Mcf$3,539,046
Total$4,096,893

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 27.8817, -97.4842. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.88167, -97.48423 · 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
7,150 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 7,150 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-4093309417,150 ftFeb 2019

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 (88)

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

88 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 202418019,19773.023.30$76,449
Dec 202319219,11771.262.61$63,591
Nov 2023011,73377.892.81$32,941
Oct 202317818,60985.443.09$72,660
Sep 202319618,46189.042.74$67,943
Aug 202319424,72580.522.67$81,708
Jul 202319022,00974.852.64$72,365
Jun 202337724,85468.962.26$82,130
May 202338833,12270.622.23$101,177
Apr 202338234,85778.122.24$107,843
Mar 202339136,88372.852.39$116,751
Feb 202339431,51775.112.47$107,304
Jan 20230076.533.39$0
Dec 202204,97176.415.73$28,479
Nov 20221716,05785.005.65$48,734
Oct 202206,88587.185.86$40,372
Sep 202206,21584.888.16$50,737
Aug 202206,35994.529.13$58,040
Jul 202207,526101.587.54$56,762
Jun 202204,633115.097.98$36,958
May 20221698,122109.378.43$86,977
Apr 202209,680104.226.84$66,188
Mar 2022010,173108.885.08$51,642
Feb 202207,88491.054.86$38,307
Jan 20221839,21381.844.54$56,782
Dec 2021010,31971.323.90$40,235
Nov 2021011,02577.435.24$57,736
Oct 2021011,56679.795.71$66,087
Sep 202116411,03669.865.35$70,510
Aug 2021015,49666.024.22$65,402
Jul 202118216,55270.783.98$78,793
Jun 202118217,94669.493.38$73,316
May 2021020,39463.483.02$61,542
Apr 202116222,28660.362.76$71,252
Mar 202135824,45761.302.72$88,394
Feb 2021014,78657.805.55$82,032
Jan 202117531,43050.412.81$97,149
Dec 202036231,40544.642.68$100,183
Nov 202017835,84238.772.71$103,910
Oct 202054742,33336.972.48$125,142
Sep 202035846,65137.091.99$106,162
Aug 202053551,66639.982.39$144,618
Jul 202071051,42338.371.83$121,096
Jun 2020025,08834.901.69$42,407
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 201907,69959.012.30$17,741
Nov 201918213,12955.302.75$46,179
Oct 201918228,71353.472.42$79,175
Sep 201918126,85755.052.66$81,331
Aug 201951356,63153.112.30$157,744
Jul 201916727,90356.272.46$78,040
Jun 201917141,06852.782.49$111,334
May 201936069,44058.482.74$211,341
Apr 2019037,94262.632.75$104,367
Mar 20190056.803.06$0
Feb 201903,88150.852.79$10,837

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.

Jan 2024 — as filed, then multipliedworked
Condensate           180 bbl  × $ 73.02 =    $13,144
Gas               19,197 Mcf  × $  3.30 =    $63,305

────────────────────────────────────────────────────
Month total                                  $76,449

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/286512 is the state's own key, not one this site invented.