GUARANTY TITLE & TRUST

Operated by PINE ISLAND OPERATING, L.L.C. (P-5 665642) in the SAXET, DEEP (8200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12981District 04Field 81284777OilCasinghead gasSave
Value, all time
$11.7 M
Aug 2000 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
310
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition194,143 bbl$10,546,883
Casinghead gasProduction206,348 Mcf$1,195,091
Total$11,741,974

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 27.7810, -97.4951. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.78097, -97.49507 · 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
9,700 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 9,700 ft.

Completions filed
Aug 2000
1 of 1 wells

1 well

42-355331734 C9,700 ftAug 2000

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 (310)

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

310 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 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 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
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 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201614026.472.06$371
Jan 201627027.352.36$738
Dec 20150032.362.00$0
Nov 201541038.792.17$1,590
Oct 2015383043.552.43$16,680
Sep 2015352042.992.76$15,132
Aug 2015360040.162.87$14,458
Jul 2015675048.152.95$32,501
Jun 2015547056.152.88$30,714
May 2015364055.212.96$20,096
Apr 20150049.822.71$0
Mar 2015559042.892.93$23,976
Feb 2015376044.662.98$16,792
Jan 2015180043.433.10$7,817
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014549078.303.90$42,987
Sep 2014188086.164.05$16,198
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014534098.164.74$52,417
May 2014719094.734.73$68,111
Apr 2014724095.944.81$69,461
Mar 2014542095.895.06$51,972
Feb 2014186097.406.19$18,116
Jan 2014356090.404.86$32,182
Dec 2013368091.824.35$33,790
Nov 2013372088.853.74$33,052
Oct 2013545097.423.78$53,094
Sep 20133730104.113.72$38,833
Aug 20135550104.253.52$57,859
Jul 20135420102.523.72$55,566
Jun 2013547094.403.93$51,637
May 2013527094.834.15$49,975
Apr 2013556093.964.28$52,242
Mar 2013727093.623.91$68,062
Feb 2013371091.233.42$33,846
Jan 2013748091.603.42$68,517
Dec 2012357086.773.42$30,977
Nov 2012567086.953.62$49,301
Oct 2012745089.383.40$66,588
Sep 2012734094.672.92$69,488
Aug 2012733092.662.91$67,920
Jul 2012871085.133.02$74,148
Jun 2012733079.822.52$58,508
May 2012756091.612.49$69,257
Apr 20121,0970101.652.00$111,510
Mar 20128910105.052.22$93,600
Feb 20125640101.102.57$57,020
Jan 2012744098.092.73$72,979
Dec 2011935096.873.24$90,573
Nov 20111,104095.723.31$105,675
Oct 20111,106084.983.65$93,988
Sep 20111,118083.623.99$93,487
Aug 2011552083.404.15$46,037
Jul 2011556094.144.52$52,342
Jun 2011758092.904.64$70,418
May 2011555098.134.40$54,462
Apr 20117220105.964.33$76,503
Mar 20111,125096.364.06$108,405
Feb 2011540085.644.18$46,246
Jan 2011741086.504.59$64,097
Dec 20109118085.734.35$78,448
Nov 2010542080.843.80$43,815
Oct 2010724078.103.51$56,544
Sep 2010890072.633.98$64,641
Aug 2010709073.684.42$52,239
Jul 2010823072.554.74$59,709
Jun 201079112670.364.91$56,273
May 20101,18581071.124.24$87,708
Apr 201095680681.694.12$81,419
Mar 20101,38092378.394.39$112,229
Feb 20101,08278773.585.44$83,897
Jan 20101,35778374.365.96$105,576
Dec 20091,43398171.445.48$107,753
Nov 20091,39298474.593.75$107,521
Oct 20091,34663772.544.11$100,257
Sep 20091,31478065.543.06$88,510
Aug 20091,1111,01967.423.22$78,183
Jul 20091,09792261.133.46$70,254
Jun 20091,08294366.163.90$75,258
May 20091,0311,25754.743.93$61,372
Apr 20091,2691,27146.773.59$63,911
Mar 200995392842.144.06$43,926
Feb 20091,0881,90432.814.63$44,519
Jan 20091,3952,70735.865.37$64,564
Dec 20081,2791,98137.105.98$59,292
Nov 20081,0491,35055.496.86$67,471
Oct 20081,0111,24675.246.92$84,692
Sep 20081,185985101.767.88$128,345
Aug 20081,0391,179114.228.48$128,676
Jul 20081,6561,052131.0811.39$229,050
Jun 2008845531131.3313.03$117,894
May 20081,3271,005123.1711.57$175,079
Apr 20081,160807110.3110.45$136,397
Mar 20081,083744101.909.66$117,548
Feb 20081,27654592.538.77$122,848
Jan 20081,14284790.388.21$110,164
Dec 200798287188.337.30$93,100
Nov 20071,1261,11191.677.29$111,322
Oct 20071,1831,05982.856.92$105,342
Sep 20071,13798075.846.24$92,349
Aug 20071,0551,06469.066.39$79,655
Jul 20071,2351,11970.906.39$94,710
Jun 20071,1961,09662.007.55$82,425
May 20071,17497858.747.85$76,634
Apr 20071,07987859.617.81$71,172
Mar 20071,04981056.927.30$65,624
Feb 20071,14075755.108.22$69,034
Jan 20071,20784750.306.73$66,410
Dec 20068971,00756.656.92$57,782
Nov 20061,0331,07154.207.62$64,147
Oct 20061,0201,31654.906.01$63,912
Sep 20068911,02160.085.04$58,674
Aug 20061,07296568.717.34$80,740
Jul 20069591,02869.376.34$73,046
Jun 200688389566.286.38$64,239
May 200696093966.016.42$69,403
Apr 20069141,04064.397.36$66,507
Mar 200698864756.707.08$60,602
Feb 200692935657.597.75$56,261
Jan 20069831,65960.598.93$74,380
Dec 20059461,05954.9413.42$66,180
Nov 20057331,00854.6910.59$50,761
Oct 20058641,27758.3413.80$68,023
Sep 20056911,08761.4512.08$55,592
Aug 20055701,13261.519.80$46,151
Jul 20055741,14355.697.84$40,931
Jun 20054571,07752.337.38$31,864
May 20059841,20245.226.65$52,491
Apr 20051,3001,47549.207.36$74,817
Mar 20052,4452,46150.377.15$140,763
Feb 200546844845.226.31$23,991
Jan 200546974843.166.32$24,971
Dec 20046391,22339.866.75$33,727
Nov 20045121,26445.286.33$31,185
Oct 20047391,20449.706.52$44,572
Sep 20047621,35243.245.28$40,093
Aug 20047561,71142.375.55$41,529
Jul 20048761,96138.286.08$45,464
Jun 20046891,56936.106.43$34,966
May 20049771,75737.486.49$48,029
Apr 20041,1441,68334.475.86$49,293
Mar 20041,1981,72634.365.53$50,708
Feb 20041,1021,61732.455.51$44,669
Jan 20041,9172,57732.036.30$77,636
Dec 20032,0711,80330.266.30$74,030
Nov 20032,4802,72228.804.60$83,932
Oct 20032,4082,63128.174.76$80,356
Sep 20033,2102,66726.314.75$97,122
Aug 20032,6361,28929.765.13$85,060
Jul 20032,3832,82929.415.17$84,712
Jun 20032,5031,90028.565.98$82,853
May 20032,2442,58026.595.97$75,077
Apr 20032,8072,91926.675.41$90,647
Mar 20032,9463,20131.146.10$111,252
Feb 20032,6682,89033.487.93$112,230
Jan 20032,7212,87630.315.58$98,527
Dec 20022,6772,76126.914.85$85,439
Nov 20021,7131,78924.664.14$49,644
Oct 20021,8222,10626.464.23$57,117
Sep 20021,7372,12527.443.64$55,388
Aug 20021,6852,20025.963.16$50,704
Jul 20021,8802,07224.583.06$52,554
Jun 20021,9422,35123.733.34$53,932
May 20021,1281,83324.663.58$34,386
Apr 20021,0661,67323.653.51$31,087
Mar 20021,2891,85022.003.10$34,098
Feb 20029642,23318.222.38$22,869
Jan 20021,0282,25917.172.38$23,017
Dec 20011,1312,27116.932.36$24,517
Nov 20011,3072,53718.072.41$29,720
Oct 20011,0031,71319.782.53$24,171
Sep 200124538324.262.25$6,806
Aug 20011,3481,81224.873.05$39,057
Jul 20011,5264,83123.933.20$51,962
Jun 20011,5113,86524.563.82$51,891
May 20011,6445,09225.524.31$63,888
Apr 20011,3635,75124.685.34$64,322
Mar 20011,8665,75924.545.38$76,755
Feb 20011,9906,40827.755.77$92,178
Jan 20012,5537,85627.478.40$136,112
Dec 20001,6875,54426.889.12$95,922
Nov 20002,4564,87232.215.66$106,674
Oct 20006271,11931.235.15$25,339
Sep 20001,1502,60831.875.19$50,177
Aug 20001,40017329.644.54$42,282

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.

Feb 2016 — as filed, then multipliedworked
Oil                   14 bbl  × $ 26.47 =       $371
Casinghead gas         0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                     $371

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/O/12981 is the state's own key, not one this site invented.