FLAT CREEK

Operated by FORTUNE RESOURCES LLC (P-5 278755) in the STEVE KRAKER (PETTET) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4398District 05Field 86043500OilSaveExport
Value, all time
$887 k
May 2019 – May 2026
Value, last 12 filed months
$70 k
at the published price for each month
Months reported
85
no gaps in the span
Streams
1
oil

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2009-08-20
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
OilDisposition13,147 bbl$887,200
Total$887,200

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 32.2180, -95.5602. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.21798, -95.56016 · 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
10,650 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 10,650 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-21331107110,650 ftMay 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 (85)

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

85 months

May 20260106.413.05$0
Apr 202617198.932.87$16,917
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 202519456.664.41$10,992
Nov 2025058.593.93$0
Oct 202517859.383.30$10,570
Sep 2025062.743.08$0
Aug 202529063.933.01$18,540
Jul 202518866.743.32$12,547
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 202519767.704.27$13,337
Feb 2025070.884.34$0
Jan 202518674.324.28$13,824
Dec 2024068.993.12$0
Nov 202419369.052.20$13,327
Oct 202418771.372.28$13,346
Sep 202418669.612.36$12,947
Aug 2024075.632.06$0
Jul 202417479.932.15$13,908
Jun 2024078.082.63$0
May 202418378.812.20$14,422
Apr 202413384.451.66$11,232
Mar 202416780.301.55$13,410
Feb 2024076.091.78$0
Jan 202417973.023.30$13,071
Dec 202319471.262.61$13,824
Nov 2023077.892.81$0
Oct 202317085.443.09$14,525
Sep 202319589.042.74$17,363
Aug 2023080.522.67$0
Jul 202314574.852.64$10,853
Jun 202317368.962.26$11,930
May 202316470.622.23$11,582
Apr 202335378.122.24$27,576
Mar 2023072.852.39$0
Feb 202319475.112.47$14,571
Jan 202317276.533.39$13,163
Dec 2022076.415.73$0
Nov 202215085.005.65$12,750
Oct 202233487.185.86$29,118
Sep 2022084.888.16$0
Aug 202217394.529.13$16,352
Jul 2022155101.587.54$15,745
Jun 2022182115.097.98$20,946
May 2022183109.378.43$20,015
Apr 2022181104.226.84$18,864
Mar 2022194108.885.08$21,123
Feb 202219391.054.86$17,573
Jan 202218181.844.54$14,813
Dec 202118471.323.90$13,123
Nov 202136577.435.24$28,262
Oct 202117979.795.71$14,282
Sep 2021069.865.35$0
Aug 202116466.024.22$10,827
Jul 202117270.783.98$12,174
Jun 202137969.493.38$26,337
May 202118463.483.02$11,680
Apr 202118460.362.76$11,106
Mar 202137861.302.72$23,171
Feb 202118757.805.55$10,809
Jan 2021050.412.81$0
Dec 202037044.642.68$16,517
Nov 202018738.772.71$7,250
Oct 2020036.972.48$0
Sep 202019437.091.99$7,195
Aug 202036239.982.39$14,473
Jul 202018438.371.83$7,060
Jun 202074334.901.69$25,931
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 202037549.881.98$18,705
Jan 202018657.252.09$10,649
Dec 201937459.012.30$22,070
Nov 201918155.302.75$10,009
Oct 201937853.472.42$20,212
Sep 201936955.052.66$20,313
Aug 201937653.112.30$19,969
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$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.

Apr 2026 — as filed, then multipliedworked
Oil                  171 bbl  × $ 98.93 =    $16,917

────────────────────────────────────────────────────
Month total                                  $16,917

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. 05/O/4398 is the state's own key, not one this site invented.