MARCHBANKS

Operated by AWP OPERATING COMPANY (P-5 38889) in the TESORO (5000 PETTUS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13765District 04Field 88949845OilCasinghead gasSaveExport
Value, all time
$22.0 M
Dec 2012 – May 2026
Value, last 12 filed months
$890 k
at the published price for each month
Months reported
162
no gaps in the span
Streams
2
oil, casinghead 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 3 leases and 4 wells, and the rule below applies to all of them.

Discovered
2005-05-27
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition348,093 bbl$21,814,953
Casinghead gasProduction51,889 Mcf$165,302
Total$21,980,256

Wells on this lease (2)

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 27.7321, -98.3677. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

27.73208, -98.36766 · 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
5,230 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
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.
150.0%

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

Between 5,110 and 5,350 ft, median 5,230 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2015 – Jul 2019
2 of 2 wells

2 wells

42-1313931615,350 ftJul 2019Yes
42-131395404R5,110 ftApr 2015

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 (162)

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

162 months

May 20261,0570106.413.05$112,475
Apr 20261,204098.932.87$119,112
Mar 20261,073089.753.15$96,302
Feb 20261,250063.503.75$79,375
Jan 2026903059.138.00$53,394
Dec 20251,081056.664.41$61,249
Nov 2025690058.593.93$40,427
Oct 2025708059.383.30$42,041
Sep 20251,057062.743.08$66,316
Aug 20251,036063.933.01$66,231
Jul 20251,229066.743.32$82,023
Jun 20251,072066.483.13$71,267
May 20251,070060.553.23$64,789
Apr 2025895062.363.54$55,812
Mar 20251,060067.704.27$71,762
Feb 2025693070.884.34$49,120
Jan 2025900074.324.28$66,888
Dec 20241,070068.993.12$73,819
Nov 2024894069.052.20$61,731
Oct 2024888071.372.28$63,377
Sep 2024887069.612.36$61,744
Aug 20241,061075.632.06$80,243
Jul 20241,054079.932.15$84,246
Jun 2024877078.082.63$68,476
May 20241,050078.812.20$82,751
Apr 20241,051084.451.66$88,757
Mar 20241,055080.301.55$84,717
Feb 2024703076.091.78$53,491
Jan 20241,013073.023.30$73,969
Dec 20231,049071.262.61$74,752
Nov 20231,059077.892.81$82,486
Oct 20231,387085.443.09$118,505
Sep 20231,035089.042.74$92,156
Aug 20231,023080.522.67$82,372
Jul 20231,062074.852.64$79,491
Jun 20231,229068.962.26$84,752
May 20231,238070.622.23$87,428
Apr 20231,062078.122.24$82,963
Mar 20231,233072.852.39$89,824
Feb 2023898075.112.47$67,449
Jan 20231,253076.533.39$95,892
Dec 20221,423076.415.73$108,731
Nov 20221,602085.005.65$136,170
Oct 2022718087.185.86$62,595
Sep 2022898084.888.16$76,222
Aug 20221,607094.529.13$151,894
Jul 20225360101.587.54$54,447
Jun 20225360115.097.98$61,688
May 20225380109.378.43$58,841
Apr 20227200104.226.84$75,038
Mar 20227200108.885.08$78,394
Feb 2022722091.054.86$65,738
Jan 2022904081.844.54$73,983
Dec 2021357071.323.90$25,461
Nov 2021715077.435.24$55,362
Oct 2021538079.795.71$42,927
Sep 2021533069.865.35$37,235
Aug 2021711066.024.22$46,940
Jul 2021888070.783.98$62,853
Jun 2021712069.493.38$49,477
May 2021716063.483.02$45,452
Apr 2021717060.362.76$43,278
Mar 2021716061.302.72$43,891
Feb 2021717057.805.55$41,443
Jan 2021719050.412.81$36,245
Dec 2020900044.642.68$40,176
Nov 2020716038.772.71$27,759
Oct 2020900036.972.48$33,273
Sep 20201,245037.091.99$46,177
Aug 2020535039.982.39$21,389
Jul 20201,083038.371.83$41,555
Jun 20202,354034.901.69$82,155
May 2020183016.921.81$3,096
Apr 2020181014.751.80$2,670
Mar 2020909030.341.86$27,579
Feb 20201,438049.881.98$71,727
Jan 20201,283057.252.09$73,452
Dec 20191,612059.012.30$95,124
Nov 20191,090055.302.75$60,277
Oct 20191,455053.472.42$77,799
Sep 20191,459055.052.66$80,318
Aug 20191,633053.112.30$86,729
Jul 20191,887056.272.46$106,181
Jun 20191,822052.782.49$96,165
May 20191,827058.482.74$106,843
Apr 20192,196062.632.75$137,535
Mar 20192,028056.803.06$115,190
Feb 20192,179050.852.79$110,802
Jan 20192,341046.033.23$107,756
Dec 20182,562046.594.19$119,364
Nov 20182,357052.934.24$124,756
Oct 20182,508061.443.40$154,092
Sep 20182,967059.543.11$176,655
Aug 20183,222059.403.07$191,387
Jul 20183,046065.142.93$198,416
Jun 20183,025060.183.08$182,045
May 20183,185065.382.90$208,235
Apr 20183,236063.842.90$206,586
Mar 20183,297061.222.79$201,842
Feb 20182,916061.782.77$180,150
Jan 20183,474062.874.01$218,410
Dec 20173,493057.272.92$200,044
Nov 20173,307055.423.12$183,274
Oct 20173,53123849.292.98$174,753
Sep 20173,381047.523.09$160,665
Aug 20173,346045.373.00$151,808
Jul 20173,399043.873.09$149,114
Jun 20172,6601,60342.493.09$117,972
May 20172,80061545.373.26$129,043
Apr 20173,1991,41347.933.21$157,866
Mar 20174,6182,24446.772.98$222,679
Feb 20174,5151,91150.452.95$233,424
Jan 20174,1572,35849.413.42$213,459
Dec 20164,7352,62948.763.72$240,666
Nov 20164,1651,09142.492.64$179,856
Oct 20164,1781,69046.193.09$198,204
Sep 20164,3541,99341.553.10$187,088
Aug 20164,7322,33141.442.92$202,911
Jul 20165,2212,59241.622.92$224,878
Jun 20165,14613845.352.69$233,742
May 20165,7422,64642.521.99$249,418
Apr 20165,4862,62736.561.99$205,799
Mar 20166,0202,33633.011.79$202,911
Feb 20165,4252,41026.472.06$148,573
Jan 20166,0031,54027.352.36$167,823
Dec 20152,79851932.362.00$91,582
Nov 20152,71971738.792.17$107,024
Oct 20152,71358343.552.43$119,566
Sep 20152,40155342.992.76$104,744
Aug 20153,02955940.162.87$123,250
Jul 20152,73859848.152.95$133,596
Jun 20152,67983156.152.88$152,822
May 20153,02589655.212.96$169,658
Apr 20152,82946049.822.71$142,186
Mar 20153,045042.892.93$130,600
Feb 20152,599044.662.98$116,071
Jan 20153,198043.433.10$138,889
Dec 20142,435054.693.59$133,170
Nov 20143,441070.464.25$242,453
Oct 20142,474078.303.90$193,714
Sep 20143,14289586.164.05$274,335
Aug 20143,3651,32689.394.04$306,148
Jul 20142,8141,30396.564.18$277,166
Jun 20143,3731,28198.164.74$337,162
May 20143,1511,25394.734.73$304,417
Apr 20142,89398395.944.81$282,282
Mar 20143,0831,22395.895.06$301,813
Feb 20143,4811,17897.406.19$346,344
Jan 20142,8241,23290.404.86$261,278
Dec 20133,2501,09391.824.35$303,174
Nov 20133,347088.853.74$297,381
Oct 20133,542097.423.78$345,062
Sep 20133,0970104.113.72$322,429
Aug 20133,1510104.253.52$328,492
Jul 20133,4680102.523.72$355,539
Jun 20133,348094.403.93$316,051
May 20133,389094.834.15$321,379
Apr 20133,404093.964.28$319,840
Mar 20133,505093.623.91$328,138
Feb 20133,607091.233.42$329,067
Jan 20133,752091.603.42$343,683
Dec 20123,248186.773.42$281,832

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
Oil                1,057 bbl  × $106.41 =   $112,475
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                 $112,475

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/13765 is the state's own key, not one this site invented.