PAPAZIAN, J. A. ET AL

Operated by EQV OPERATING LLC (P-5 101634) in the CROW (PALUXY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12436District 06Field 21971400OilCasinghead gasSave
Value, all time
$50.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$332 k
at the published price for each month
Months reported
401
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
OilDisposition1,090,295 bbl$49,664,343
Casinghead gasProduction97,563 Mcf$389,153
Total$50,053,496

17,860 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (4)

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 32.6076, -95.3321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.60748, -95.33248 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
7,464 ft
4 wells filed one
Completion to plug
4.6 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 7,409 and 8,434 ft, median 7,464 ft, over the 4 wells that filed a depth.

Completions filed
Sep 1988 – Mar 1992
4 of 4 wells
Plug dates filed
Oct 1996
1 of 4 wells; 3 filed none

Last completion to plug: a median of 4.6 years across the 1 well that filed both dates, with the middle half between 4.6 years and 4.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4993162427,409 ftMar 1992Oct 1996Yes
42-4993166348,434 ftSep 1989
42-4993165937,450 ftAug 1989
42-4993161617,477 ftSep 1988

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 (401)

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

401 months

May 20263060106.413.05$32,561
Apr 2026620098.932.87$61,337
Mar 2026236089.753.15$21,181
Feb 2026385063.503.75$24,448
Jan 2026306059.138.00$18,094
Dec 2025490056.664.41$27,763
Nov 2025451058.593.93$26,424
Oct 2025170059.383.30$10,095
Sep 2025357062.743.08$22,398
Aug 2025386063.933.01$24,677
Jul 2025476066.743.32$31,768
Jun 2025471066.483.13$31,312
May 2025610060.553.23$36,936
Apr 2025454062.363.54$28,311
Mar 2025465067.704.27$31,481
Feb 2025628070.884.34$44,513
Jan 2025545074.324.28$40,504
Dec 2024488068.993.12$33,667
Nov 2024633069.052.20$43,709
Oct 2024551071.372.28$39,325
Sep 2024602069.612.36$41,905
Aug 2024669075.632.06$50,596
Jul 2024294079.932.15$23,499
Jun 2024522078.082.63$40,758
May 2024398078.812.20$31,366
Apr 2024639084.451.66$53,964
Mar 2024563080.301.55$45,209
Feb 2024609076.091.78$46,339
Jan 2024699073.023.30$51,041
Dec 2023608071.262.61$43,326
Nov 2023772077.892.81$60,131
Oct 2023556085.443.09$47,505
Sep 2023634089.042.74$56,451
Aug 2023872080.522.67$70,213
Jul 2023624074.852.64$46,706
Jun 2023721068.962.26$49,720
May 2023369070.622.23$26,059
Apr 2023162078.122.24$12,655
Mar 2023759072.852.39$55,293
Feb 2023813075.112.47$61,064
Jan 2023319076.533.39$24,413
Dec 2022457076.415.73$34,919
Nov 2022854085.005.65$72,590
Oct 2022745087.185.86$64,949
Sep 2022752084.888.16$63,830
Aug 2022865094.529.13$81,760
Jul 20229000101.587.54$91,422
Jun 20226390115.097.98$73,543
May 20227260109.378.43$79,403
Apr 20227980104.226.84$83,168
Mar 20227260108.885.08$79,047
Feb 2022581091.054.86$52,900
Jan 2022633081.844.54$51,805
Dec 2021652071.323.90$46,501
Nov 2021746077.435.24$57,763
Oct 2021646079.795.71$51,544
Sep 2021728069.865.35$50,858
Aug 2021878066.024.22$57,966
Jul 2021881070.783.98$62,357
Jun 2021610069.493.38$42,389
May 2021402063.483.02$25,519
Apr 2021831060.362.76$50,159
Mar 2021892061.302.72$54,680
Feb 2021636057.805.55$36,761
Jan 2021817050.412.81$41,185
Dec 2020820044.642.68$36,605
Nov 2020763038.772.71$29,582
Oct 2020824036.972.48$30,463
Sep 2020755037.091.99$28,003
Aug 2020968039.982.39$38,701
Jul 20201,402038.371.83$53,795
Jun 2020812034.901.69$28,339
May 2020900016.921.81$15,228
Apr 2020960014.751.80$14,160
Mar 2020641030.341.86$19,448
Feb 2020639049.881.98$31,873
Jan 2020995057.252.09$56,964
Dec 2019905059.012.30$53,404
Nov 20191,109055.302.75$61,328
Oct 2019845053.472.42$45,182
Sep 20191,013055.052.66$55,766
Aug 20191,017053.112.30$54,013
Jul 2019593056.272.46$33,368
Jun 2019608052.782.49$32,090
May 2019217058.482.74$12,690
Apr 2019725062.632.75$45,407
Mar 20191,037056.803.06$58,902
Feb 2019794050.852.79$40,375
Jan 2019615046.033.23$28,308
Dec 2018856046.594.19$39,881
Nov 2018828052.934.24$43,826
Oct 20181,111061.443.40$68,260
Sep 2018998059.543.11$59,421
Aug 2018966059.403.07$57,380
Jul 20181,056065.142.93$68,788
Jun 20181,064060.183.08$64,032
May 2018973065.382.90$63,615
Apr 2018991063.842.90$63,265
Mar 2018215061.222.79$13,162
Feb 2018168061.782.77$10,379
Jan 2018884062.874.01$55,577
Dec 2017895057.272.92$51,257
Nov 20171,012055.423.12$56,085
Oct 2017896049.292.98$44,164
Sep 2017928047.523.09$44,099
Aug 20171,004045.373.00$45,551
Jul 2017968043.873.09$42,466
Jun 2017593042.493.09$25,197
May 20171,018045.373.26$46,187
Apr 20171,106047.933.21$53,011
Mar 20171,154046.772.98$53,973
Feb 20171,010050.452.95$50,955
Jan 20171,170049.413.42$57,810
Dec 20161,002048.763.72$48,858
Nov 20161,089042.492.64$46,272
Oct 20161,002046.193.09$46,282
Sep 20161,092041.553.10$45,373
Aug 20161,015041.442.92$42,062
Jul 20161,090041.622.92$45,366
Jun 20161,075045.352.69$48,751
May 2016880042.521.99$37,418
Apr 20161,016036.561.99$37,145
Mar 2016633033.011.79$20,895
Feb 20161,051026.472.06$27,820
Jan 2016768027.352.36$21,005
Dec 20150032.362.00$0
Nov 2015798038.792.17$30,954
Oct 20151,039043.552.43$45,248
Sep 20151,062042.992.76$45,655
Aug 20151,283040.162.87$51,525
Jul 20151,248048.152.95$60,091
Jun 2015859056.152.88$48,233
May 2015742055.212.96$40,966
Apr 20151,084049.822.71$54,005
Mar 20151,041042.892.93$44,648
Feb 20151,145044.662.98$51,136
Jan 20151,443043.433.10$62,669
Dec 20141,366054.693.59$74,707
Nov 20141,161070.464.25$81,804
Oct 20141,182078.303.90$92,551
Sep 20141,31712886.164.05$113,991
Aug 20141,26520189.394.04$113,889
Jul 20141,61715496.564.18$156,781
Jun 201447016298.164.74$46,903
May 20141,64816194.734.73$156,876
Apr 20141,36414495.944.81$131,555
Mar 20141,63715995.895.06$157,776
Feb 20141,60015897.406.19$156,818
Jan 20141,55316590.404.86$141,193
Dec 20131,88418891.824.35$173,808
Nov 20131,79117388.853.74$159,777
Oct 20131,87319597.423.78$183,205
Sep 20131,849194104.113.72$193,221
Aug 20132,053198104.253.52$214,723
Jul 20132,049205102.523.72$210,826
Jun 20131,97520394.403.93$187,238
May 20131,91318894.834.15$182,190
Apr 20132,0712093.964.28$194,677
Mar 20132,039093.623.91$190,891
Feb 20132,41013691.233.42$220,329
Jan 20132,77923991.603.42$255,374
Dec 20122,46025886.773.42$214,337
Nov 20122,7793186.953.62$241,746
Oct 20123,75436789.383.40$336,780
Sep 20123,42133094.672.92$324,829
Aug 20123,35135092.662.91$311,522
Jul 20123,7623585.133.02$320,365
Jun 20123,41432779.822.52$273,329
May 20123,97240191.612.49$364,873
Apr 20124,002392101.652.00$407,586
Mar 20123,502333105.052.22$368,625
Feb 20123,176337101.102.57$321,960
Jan 20123,94139498.092.73$387,650
Dec 20113,56235596.873.24$346,201
Nov 20113,63636595.723.31$349,247
Oct 20114,23940984.983.65$361,722
Sep 20113,55536683.623.99$298,728
Aug 20113,64537083.404.15$305,528
Jul 20113,80938694.144.52$360,323
Jun 20114,09739292.904.64$382,430
May 20113,97841098.134.40$392,167
Apr 20114,167407105.964.33$443,299
Mar 20113,76738196.364.06$364,534
Feb 20112,99231085.644.18$257,531
Jan 20113,70936986.504.59$322,522
Dec 20104,97248885.734.35$428,371
Nov 20104,08641280.843.80$331,876
Oct 20104,59045578.103.51$360,076
Sep 20103,19933172.633.98$233,661
Aug 20104,05539873.684.42$300,531
Jul 20103,87338272.554.74$282,795
Jun 20104,49045570.364.91$318,151
May 20104,37644071.124.24$313,085
Apr 20104,78649381.694.12$393,001
Mar 20104,04137278.394.39$318,407
Feb 20101,22513173.585.44$90,848
Jan 20102,28824474.365.96$171,591
Dec 20094,01639771.445.48$289,080
Nov 20093,48035274.593.75$260,894
Oct 20091,0358772.544.11$75,436
Sep 20093,55236165.543.06$233,904
Aug 20094,07941467.423.22$276,339
Jul 20093,56236161.133.46$218,996
Jun 20093,63035766.163.90$241,551
May 20092,72627754.743.93$150,309
Apr 20093,50634146.773.59$165,199
Mar 20094,13341742.144.06$175,857
Feb 20093,60435132.814.63$119,873
Jan 20093,96340335.865.37$144,278
Dec 20083,70837437.105.98$139,802
Nov 20083,96239655.496.86$222,568
Oct 20083,82838675.246.92$290,691
Sep 20084,140413101.767.88$424,540
Aug 20084,184424114.228.48$481,493
Jul 20083,733356131.0811.39$493,376
Jun 20084,262453131.3313.03$565,632
May 20084,648441123.1711.57$577,598
Apr 20081,773199110.3110.45$197,660
Mar 20081,21398101.909.66$124,552
Feb 20082,90329492.538.77$271,193
Jan 20083,88238590.388.21$354,014
Dec 20073,90339288.337.30$347,614
Nov 20073,96639491.677.29$366,436
Oct 20073,85141682.856.92$321,935
Sep 20074,04840375.846.24$309,517
Aug 20074,31543169.066.39$300,747
Jul 20073,09429770.906.39$221,262
Jun 20072,85329662.007.55$179,120
May 20073,62736358.747.85$215,898
Apr 20072,96630159.617.81$179,153
Mar 20073,03928256.927.30$175,039
Feb 20072,74031355.108.22$153,546
Jan 20073,31833350.306.73$169,135
Dec 20063,59136056.656.92$205,921
Nov 20064,13141354.207.62$227,046
Oct 20064,58145854.906.01$254,251
Sep 20064,23742360.085.04$256,690
Aug 20064,40244168.717.34$305,698
Jul 20064,72547169.376.34$330,761
Jun 20064,45644466.286.38$298,178
May 20063,39134166.016.42$226,031
Apr 20064,68346864.397.36$304,983
Mar 20064,89248956.707.08$280,840
Feb 20064,14441457.597.75$241,862
Jan 20064,02540260.598.93$247,466
Dec 20054,72347354.9413.42$265,827
Nov 20053,99239954.6910.59$222,547
Oct 20054,54945558.3413.80$271,666
Sep 20054,12441261.4512.08$258,396
Aug 20054,60645261.519.80$287,743
Jul 20054,10639955.697.84$231,793
Jun 20054,23742152.337.38$224,830
May 20053,57633945.226.65$163,961
Apr 20054,42445449.207.36$221,002
Mar 20054,78548750.377.15$244,505
Feb 20054,15141145.226.31$190,302
Jan 20054,82149343.166.32$211,191
Dec 20045,00049439.866.75$202,635
Nov 20043,94539845.286.33$181,149
Oct 20045,00149849.706.52$251,794
Sep 20045,10951243.245.28$223,619
Aug 20044,87748842.375.55$209,347
Jul 20044,09541638.286.08$159,288
Jun 20044,93649736.106.43$181,387
May 20044,90948137.486.49$187,113
Apr 20044,77949034.475.86$167,603
Mar 20045,27149034.365.53$183,821
Feb 20043,79940832.455.51$125,525
Jan 20044,41643732.036.30$144,197
Dec 20035,15651730.266.30$159,279
Nov 20034,65844328.804.60$136,186
Oct 20034,83149228.174.76$138,431
Sep 20034,19942726.314.75$112,504
Aug 20034,70944529.765.13$142,423
Jul 20035,13955129.415.17$153,987
Jun 20034,81948828.565.98$140,550
May 20034,99347326.595.97$135,589
Apr 20034,98653126.675.41$135,848
Mar 20033,82937131.146.10$121,497
Feb 20033,82337133.487.93$130,935
Jan 20033,86339030.315.58$119,265
Dec 20024,63046326.914.85$126,841
Nov 20024,79549124.664.14$120,276
Oct 20025,15850626.464.23$138,621
Sep 20024,60145827.443.64$127,916
Aug 20025,04451425.963.16$132,569
Jul 20025,09150524.583.06$126,683
Jun 20024,90749223.733.34$118,086
May 20025,44354024.663.58$136,160
Apr 20024,33241223.653.51$103,899
Mar 20023,67036122.003.10$81,860
Feb 20024,59446218.222.38$84,800
Jan 20024,29742817.172.38$74,796
Dec 20012,98628816.932.36$51,234
Nov 20014,28744718.072.41$78,541
Oct 20014,65545419.782.53$93,224
Sep 20015,30353024.262.25$129,844
Aug 20015,12052624.873.05$128,940
Jul 20015,25051823.933.20$127,289
Jun 20015,34453424.563.82$133,291
May 20014,77246325.524.31$123,776
Apr 20015,58558724.685.34$140,970
Mar 20018228224.545.38$20,613
Feb 20011,95020627.755.77$55,301
Jan 20013,05131927.478.40$86,490
Dec 20003,64936826.889.12$101,442
Nov 20005,27248832.215.66$172,572
Oct 20005,26953731.235.15$167,314
Sep 20003,90139131.875.19$126,353
Aug 20004,93149729.644.54$148,412
Jul 20003,87738828.534.09$112,198
Jun 20002,79627729.304.40$83,141
May 20004,31942827.263.68$119,311
Apr 20004,24742724.513.12$105,425
Mar 20004,38244828.422.86$125,818
Feb 20004,90747627.622.73$136,829
Jan 20004,58647225.272.48$117,059
Dec 19994,81847524.282.42$118,132
Nov 19994,57044623.192.43$107,064
Oct 19994,41445120.982.80$93,870
Sep 19994,26944021.752.62$94,003
Aug 19993,95237719.262.88$77,200
Jul 19993,46712617.892.37$62,324
Jun 19992,55148015.942.36$41,797
May 19992,54325215.792.32$40,739
Apr 19993,61235115.102.21$55,316
Mar 19992,62025112.471.84$33,133
Feb 19991,5911589.981.82$16,165
Jan 19994,43447110.381.90$46,920
Dec 1998689469.201.77$6,420
Nov 19983,07630710.892.19$34,169
Oct 19983,54135312.421.97$44,674
Sep 19984,98151512.592.08$63,783
Aug 19984,52343511.301.91$51,940
Jul 19985,12552911.742.24$61,351
Jun 19985,26951211.242.24$60,369
May 19985,11550812.622.21$65,672
Apr 19984,79248913.042.51$63,713
Mar 19983,42534812.802.31$44,644
Feb 19983,04228613.952.30$43,093
Jan 19982,77127814.702.15$41,333
Dec 19974,68547516.322.41$77,604
Nov 19974,63945418.193.09$85,785
Oct 19975,04051919.253.15$98,655
Sep 19974,80546817.742.95$86,624
Aug 19974,58345817.862.55$83,022
Jul 19974,69950017.582.25$83,732
Jun 19974,27442217.242.26$74,636
May 19974,16439318.972.31$79,898
Apr 19973,95339317.882.08$71,498
Mar 19973,63339318.951.94$69,607
Feb 19971,79915220.492.21$37,197
Jan 19973,77437723.483.54$89,948
Dec 19963,85739623.32$89,945
Nov 19964,30842821.97$94,647
Oct 19964,27443223.31$99,627
Sep 19963,30031622.22$73,326
Aug 19963,64537420.26$73,848
Jul 19963,29134319.55$64,339
Jun 19963,13929118.73$58,793
May 19963,55135919.43$68,996
Apr 19964,32348421.51$92,988
Mar 19963,97540619.38$77,036
Feb 19963,79336716.98$64,405
Jan 19964,64545517.07$79,290
Dec 19952,71329117.19$46,636
Nov 19953,93239416.00$62,912
Oct 19954,24538815.43$65,500
Sep 19954,47143016.18$72,341
Aug 19954,41655815.92$70,303
Jul 19954,46845015.24$68,092
Jun 19954,70546316.41$77,209
May 19952,91531917.56$51,187
Apr 19953,21430717.73$56,984
Mar 19953,51135916.44$57,721
Feb 19954,28143816.58$70,979
Jan 19952,69324915.92$42,873
Dec 19942,93630515.03$44,128
Nov 19943,13130415.90$49,783
Oct 19944,66747415.58$72,712
Sep 19944,47744415.29$68,453
Aug 19944,45446916.13$71,843
Jul 19942,43324917.56$42,723
Jun 19942,49122317.09$42,571
May 19944,21143515.88$66,871
Apr 19944,57941914.14$64,747
Mar 19944,55446812.46$56,743
Feb 19942,97631012.50$37,200
Jan 19944,84144612.66$61,287
Dec 19932,86231812.33$35,288
Nov 19933,82838314.49$55,468
Oct 19933,25831115.85$51,639
Sep 19932,14314015.03$32,209
Aug 19933,09148315.66$48,405
Jul 19933,55936115.46$55,022
Jun 19933,97441116.79$66,723
May 19933,03628617.68$53,676
Apr 19934,05641318.05$73,211
Mar 19932,58426018.14$46,874
Feb 19932,82328617.90$50,532
Jan 19933,42736516.93$58,019

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                  306 bbl  × $106.41 =    $32,561
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $32,561

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/O/12436 is the state's own key, not one this site invented.