NECHES OU 48

Operated by PELES, LLC (P-5 650953) in the NECHES (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12939District 06Field 64763666OilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
401
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 60 leases and 294 wells, and the rule below applies to all of them.

Discovered
1953-09-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
233 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1985-06-03.

The Commission's schedule remark for this field reads: OPTIONAL 10 ACRE UNITS W/ 1100 FT. DIAG.

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
OilDisposition33,640 bbl$1,239,616
Casinghead gasProduction15,851 Mcf$39,585
Total$1,279,201

4,044 Mcf of this lease's gas, across 47 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 (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 31.9395, -95.4178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.93949, -95.41783 · 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
4,800 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 4,800 ft.

Completions filed
Sep 1991
1 of 1 wells

1 well

42-0733079214,800 ftSep 1991

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 20263286106.413.05$3,667
Apr 2026338198.932.87$3,497
Mar 2026317089.753.15$3,003
Feb 2026245163.503.75$1,715
Jan 2026256659.138.00$2,006
Dec 2025337356.664.41$2,192
Nov 2025307658.593.93$2,056
Oct 2025307859.383.30$2,039
Sep 2025307062.743.08$2,098
Aug 2025327763.933.01$2,278
Jul 2025327266.743.32$2,374
Jun 2025285266.483.13$2,024
May 2025202860.553.23$1,302
Apr 202581962.363.54$566
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 20223085.005.65$255
Oct 2022192287.185.86$1,785
Sep 2022192684.888.16$1,825
Aug 2022222294.529.13$2,280
Jul 20224971101.587.54$5,513
Jun 20227289115.097.98$8,996
May 202292159109.378.43$11,403
Apr 2022125168104.226.84$14,176
Mar 2022117177108.885.08$13,637
Feb 20228515891.054.86$8,507
Jan 20229081.844.54$737
Dec 202112320771.323.90$9,579
Nov 202112220977.435.24$10,541
Oct 202114220179.795.71$12,479
Sep 202114527069.865.35$11,574
Aug 202115025966.024.22$10,996
Jul 202114525170.783.98$11,263
Jun 20218511869.493.38$6,306
May 2021745963.483.02$4,876
Apr 202111416960.362.76$7,347
Mar 202113017461.302.72$8,442
Feb 2021619157.805.55$4,031
Jan 202112719850.412.81$6,959
Dec 202012417744.642.68$6,009
Nov 202013120838.772.71$5,642
Oct 202013218436.972.48$5,336
Sep 202012618637.091.99$5,044
Aug 202013018539.982.39$5,639
Jul 20201971738.371.83$7,590
Jun 2020276034.901.69$9,632
May 202070016.921.81$1,184
Apr 2020171014.751.80$2,522
Mar 2020195030.341.86$5,916
Feb 2020192049.881.98$9,577
Jan 202029957.252.09$1,679
Dec 201910210059.012.30$6,249
Nov 201911410655.302.75$6,596
Oct 201911111853.472.42$6,221
Sep 201910613755.052.66$6,199
Aug 201914216453.112.30$7,920
Jul 201912414756.272.46$7,339
Jun 201911814852.782.49$6,597
May 201911917358.482.74$7,433
Apr 201912919762.632.75$8,621
Mar 201913718256.803.06$8,339
Feb 201911817050.852.79$6,475
Jan 201911914646.033.23$5,949
Dec 201814217246.594.19$7,336
Nov 201814018952.934.24$8,211
Oct 201813918261.443.40$9,159
Sep 2018769359.543.11$4,814
Aug 2018749059.403.07$4,672
Jul 20189510965.142.93$6,508
Jun 201811510560.183.08$7,244
May 201813611465.382.90$9,222
Apr 201834063.842.90$2,171
Mar 201829061.222.79$1,775
Feb 2018162061.782.77$10,008
Jan 2018131062.874.01$8,236
Dec 201784057.272.92$4,811
Nov 2017722055.423.12$4,053
Oct 20171438049.292.98$7,287
Sep 20171407147.523.09$6,872
Aug 20171358545.373.00$6,380
Jul 20171497843.873.09$6,777
Jun 20171474442.493.09$6,382
May 20171455045.373.26$6,742
Apr 201714711647.933.21$7,418
Mar 201718112746.772.98$8,844
Feb 20171397450.452.95$7,231
Jan 20171457549.413.42$7,421
Dec 20161563648.763.72$7,741
Nov 20161535342.492.64$6,641
Oct 20161474346.193.09$6,923
Sep 2016126641.553.10$5,254
Aug 2016133041.442.92$5,512
Jul 2016141041.622.92$5,868
Jun 2016111045.352.69$5,034
May 201688042.521.99$3,742
Apr 2016102036.561.99$3,729
Mar 201683033.011.79$2,740
Feb 2016134026.472.06$3,547
Jan 201673027.352.36$1,997
Dec 201572032.362.00$2,330
Nov 2015102038.792.17$3,957
Oct 201586043.552.43$3,745
Sep 2015130042.992.76$5,589
Aug 2015163040.162.87$6,546
Jul 201561048.152.95$2,937
Jun 20151056.152.88$56
May 201519055.212.96$1,049
Apr 2015101049.822.71$5,032
Mar 2015119042.892.93$5,104
Feb 2015117044.662.98$5,225
Jan 2015107043.433.10$4,647
Dec 2014119054.693.59$6,508
Nov 2014129070.464.25$9,089
Oct 2014111078.303.90$8,691
Sep 2014113086.164.05$9,736
Aug 2014110089.394.04$9,833
Jul 2014118096.564.18$11,394
Jun 2014111098.164.74$10,896
May 2014144094.734.73$13,641
Apr 2014130095.944.81$12,472
Mar 2014116095.895.06$11,123
Feb 2014107097.406.19$10,422
Jan 2014113090.404.86$10,215
Dec 2013118091.824.35$10,835
Nov 2013116088.853.74$10,307
Oct 2013103097.423.78$10,034
Sep 201310338104.113.72$10,865
Aug 201312075104.253.52$12,774
Jul 20131590102.523.72$16,301
Jun 2013193094.403.93$18,219
May 2013177094.834.15$16,785
Apr 2013160093.964.28$15,034
Mar 201369093.623.91$6,460
Feb 201328091.233.42$2,554
Jan 201329091.603.42$2,656
Dec 2012130086.773.42$11,280
Nov 2012114086.953.62$9,912
Oct 2012118089.383.40$10,547
Sep 201286094.672.92$8,142
Aug 201250092.662.91$4,633
Jul 201250085.133.02$4,257
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20083400101.909.66$34,646
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20005031.875.19$159
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000200029.304.40$5,860
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 200004427.622.73$120
Jan 20001205725.272.48$3,174
Dec 19991246424.282.42$3,166
Nov 19991816023.192.43$4,343
Oct 19991627620.982.80$3,612
Sep 19991397921.752.62$3,230
Aug 19991469319.262.88$3,079
Jul 19991328417.892.37$2,561
Jun 19991529815.942.36$2,654
May 19991548615.792.32$2,631
Apr 19991227315.102.21$2,003
Mar 19991328412.471.84$1,800
Feb 199998709.981.82$1,105
Jan 19991496110.381.90$1,663
Dec 1998166829.201.77$1,673
Nov 19981487210.892.19$1,769
Oct 19981689712.421.97$2,278
Sep 19981266712.592.08$1,726
Aug 19981707311.301.91$2,060
Jul 19981679411.742.24$2,171
Jun 19981567911.242.24$1,930
May 19981778512.622.21$2,421
Apr 19981699013.042.51$2,429
Mar 19981098712.802.31$1,596
Feb 19981374413.952.30$2,012
Jan 19981855414.702.15$2,836
Dec 19971426216.322.41$2,467
Nov 19971635318.193.09$3,129
Oct 19972009119.253.15$4,137
Sep 19971537717.742.95$2,942
Aug 19971368117.862.55$2,636
Jul 19971628017.582.25$3,028
Jun 19971877317.242.26$3,389
May 19971967818.972.31$3,898
Apr 19972158517.882.08$4,021
Mar 19971709818.951.94$3,412
Feb 19971928220.492.21$4,115
Jan 199719711823.483.54$5,043
Dec 199619713923.32$4,594
Nov 19961557221.97$3,405
Oct 199659023.31$1,375
Sep 1996894222.22$1,978
Aug 19961116020.26$2,249
Jul 19961016119.55$1,975
Jun 19961457018.73$2,716
May 19961967519.43$3,808
Apr 19961395421.51$2,990
Mar 1996925419.38$1,783
Feb 1996471616.98$798
Jan 19961915917.07$3,260
Dec 19951527017.19$2,613
Nov 19952117916.00$3,376
Oct 19952348215.43$3,611
Sep 19952969416.18$4,789
Aug 19953478615.92$5,524
Jul 19953078815.24$4,679
Jun 199533110316.41$5,432
May 199537011117.56$6,497
Apr 19952988617.73$5,284
Mar 19952829416.44$4,636
Feb 199534810216.58$5,770
Jan 199541311815.92$6,575
Dec 199440212815.03$6,042
Nov 199427810415.90$4,420
Oct 19943528315.58$5,484
Sep 19943559015.29$5,428
Aug 19943328916.13$5,355
Jul 199436810817.56$6,462
Jun 19943328817.09$5,674
May 199436512515.88$5,796
Apr 19943369614.14$4,751
Mar 199414813612.46$1,844
Feb 19943357012.50$4,188
Jan 19943577812.66$4,520
Dec 19933249112.33$3,995
Nov 19931875214.49$2,710
Oct 19932167215.85$3,424
Sep 19933347915.03$5,020
Aug 19933617815.66$5,653
Jul 19933085515.46$4,762
Jun 19933045616.79$5,104
May 199338417317.68$6,789
Apr 199339610218.05$7,148
Mar 19932959518.14$5,351
Feb 19934019117.90$7,178
Jan 19933139016.93$5,299

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                   32 bbl  × $106.41 =     $3,405
Casinghead gas        86 Mcf  × $  3.05 =       $262

────────────────────────────────────────────────────
Month total                                   $3,667

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/12939 is the state's own key, not one this site invented.