BILL POWERS A

Operated by RFE OPERATING, LLC (P-5 704776) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 288323District 06Field 16032812CondensateGasSaveExport
Value, all time
$798 k
Dec 2019 – May 2026
Value, last 12 filed months
$40 k
at the published price for each month
Months reported
78
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 873 leases and 896 wells, and the rule below applies to all of them.

Discovered
1943-06-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2006-10-10.

The Commission's schedule remark for this field reads: (PETTIT, LOWER).

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
CondensateDisposition4,057 bbl$320,312
GasProduction135,409 Mcf$477,765
Total$798,076

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 32.1247, -94.4924. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.12472, -94.49244 · 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
10,219 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 10,219 ft.

Completions filed
Dec 2019
1 of 1 wells

1 well

42-36536326610,219 ftDec 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 (78)

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

78 months

May 202656483106.413.05$7,430
Apr 20269750898.932.87$11,054
Mar 202604789.753.15$148
Feb 2026021063.503.75$788
Jan 202601,20459.138.00$9,630
Dec 2025080656.664.41$3,557
Nov 202501,16058.593.93$4,555
Oct 2025046559.383.30$1,537
Sep 2025011562.743.08$354
Aug 2025010263.933.01$308
Jul 202502466.743.32$80
Jun 202507266.483.13$225
May 202573560.553.23$537
Apr 2025015262.363.54$539
Mar 20253052967.704.27$4,289
Feb 2025067770.884.34$2,939
Jan 20253825574.324.28$3,915
Dec 20243775368.993.12$4,903
Nov 20243886169.052.20$4,517
Oct 20242996171.372.28$4,262
Sep 2024187069.612.36$2,127
Aug 2024081475.632.06$1,680
Jul 20242884579.932.15$4,052
Jun 2024185078.082.63$2,317
May 20242175478.812.20$3,313
Apr 20246924884.451.66$6,239
Mar 2024069680.301.55$1,075
Feb 2024381,10576.091.78$4,862
Jan 2024661,15173.023.30$8,615
Dec 2023881,10971.262.61$9,166
Nov 202301,42977.892.81$4,012
Oct 2023871,41785.443.09$11,808
Sep 2023841,00189.042.74$10,217
Aug 20239093080.522.67$9,733
Jul 20231611,11574.852.64$14,996
Jun 2023084868.962.26$1,915
May 20231121,25870.622.23$10,712
Apr 20239980278.122.24$9,529
Mar 20233619272.852.39$3,082
Feb 202301,03875.112.47$2,559
Jan 2023641,60276.533.39$10,325
Dec 20221711,68276.415.73$22,702
Nov 2022881,93985.005.65$18,428
Oct 202202,32087.185.86$13,604
Sep 20221732,10184.888.16$31,836
Aug 202211,33794.529.13$12,298
Jul 20221011,386101.587.54$20,713
Jun 20222041,402115.097.98$34,662
May 202211,266109.378.43$10,786
Apr 20222121,908104.226.84$35,141
Mar 2022922,055108.885.08$20,449
Feb 202202,09291.054.86$10,165
Jan 20221822,38081.844.54$25,695
Dec 2021912,54871.323.90$16,425
Nov 2021912,69377.435.24$21,149
Oct 2021813,00179.795.71$23,610
Sep 2021762,40669.865.35$18,184
Aug 20212873,49566.024.22$33,699
Jul 20211194,66770.783.98$27,007
Jun 20211996,45469.493.38$35,647
May 202127512,85663.483.02$56,252
Apr 2021975,26560.362.76$20,378
Mar 20211174961.302.72$2,709
Feb 2021042657.805.55$2,363
Jan 2021111,18550.412.81$3,885
Dec 20201176044.642.68$2,524
Nov 202001,98638.772.71$5,375
Oct 2020111,93536.972.48$5,202
Sep 202001,76637.091.99$3,516
Aug 2020112,14739.982.39$5,561
Jul 2020112,50338.371.83$4,990
Jun 2020122,90734.901.69$5,333
May 202004,30616.921.81$7,814
Apr 2020393,90414.751.80$7,620
Mar 202073,49730.341.86$6,704
Feb 202063,34049.881.98$6,915
Jan 202094,75657.252.09$10,478
Dec 201904,49659.012.30$10,360

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
Condensate            56 bbl  × $106.41 =     $5,959
Gas                  483 Mcf  × $  3.05 =     $1,471

────────────────────────────────────────────────────
Month total                                   $7,430

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. 06/G/288323 is the state's own key, not one this site invented.