PALMETTO-MEBANE

Operated by TRIPLE L OPERATING COMPANY LLC (P-5 870454) in the POTTER field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1318District 06Field 72674001OilCasinghead gasSaveExport
Value, all time
$621 k
Jan 1993 – May 2026
Value, last 12 filed months
$23 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 21 leases and 53 wells, and the rule below applies to all of them.

Discovered
1910-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres.

The Commission's schedule remark for this field reads: DOCKET ASSIGNED SPACING ONLY--DENSITY FROM SWR-38

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
OilDisposition13,137 bbl$620,930
Casinghead gasProduction21 Mcf$0
Total$620,930

21 Mcf of this lease's gas, across 21 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 (8)

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 32.7915, -94.0453. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles. 1 well has no surveyed location and is left out of it.

32.79027, -94.04709 · centre of 7 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
37.5%
3 of 8 wells
With a plug date
37.5%
3 of 8 wells
Median depth
2,482 ft
8 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
337.5%
A plug date is filed
337.5%
BothOn the schedule and plugged. Neither fact cancels the other.
337.5%
NeitherNo plug date, and not on the schedule.
562.5%

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

Total depth in feet, 8 of 8 wells. Median 2,482 ft, with the middle half between 2,423 and 2,509 ft; the shallowest is 2,398 ft and the deepest 2,552 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 5 of 8 wells, Aug 1975 – Jul 1976. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 1975 – Jul 1976
5 of 8 wells; 3 filed none
Plug dates filed
Oct 1987 – Jun 2023
3 of 8 wells; 5 filed none

8 wells

42-3158006322,424 ftOct 1987Yes
42-3158006432,418 ftJun 2023Yes
42-3158031212,398 ftOct 1987Yes
42-3153031582,465 ftJul 1976
42-3153031162,552 ftMay 1976
42-3153031272,498 ftMay 1976
42-3153031052,500 ftApr 1976
42-3153029642,535 ftAug 1975

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 2026300106.413.05$3,192
Apr 202636098.932.87$3,561
Mar 20260089.753.15$0
Feb 202645063.503.75$2,858
Jan 20260059.138.00$0
Dec 202541056.664.41$2,323
Nov 202527058.593.93$1,582
Oct 202535059.383.30$2,078
Sep 202538062.743.08$2,384
Aug 202533063.933.01$2,110
Jul 202522066.743.32$1,468
Jun 202524066.483.13$1,596
May 202534060.553.23$2,059
Apr 202545062.363.54$2,806
Mar 202535067.704.27$2,370
Feb 202521070.884.34$1,488
Jan 202525074.324.28$1,858
Dec 202426068.993.12$1,794
Nov 202422069.052.20$1,519
Oct 202424071.372.28$1,713
Sep 202421069.612.36$1,462
Aug 202439075.632.06$2,950
Jul 202432079.932.15$2,558
Jun 202413078.082.63$1,015
May 202452078.812.20$4,098
Apr 20240084.451.66$0
Mar 202435080.301.55$2,811
Feb 202440076.091.78$3,044
Jan 202441073.023.30$2,994
Dec 202341071.262.61$2,922
Nov 202332077.892.81$2,492
Oct 202359085.443.09$5,041
Sep 20230089.042.74$0
Aug 202339080.522.67$3,140
Jul 202326074.852.64$1,946
Jun 202332068.962.26$2,207
May 202340070.622.23$2,825
Apr 202344078.122.24$3,437
Mar 202334072.852.39$2,477
Feb 202334075.112.47$2,554
Jan 202340076.533.39$3,061
Dec 202261076.415.73$4,661
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202253084.888.16$4,499
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202122077.435.24$1,703
Oct 202123079.795.71$1,835
Sep 20210069.865.35$0
Aug 202130066.024.22$1,981
Jul 202129070.783.98$2,053
Jun 202126069.493.38$1,807
May 202141063.483.02$2,603
Apr 202128060.362.76$1,690
Mar 202131061.302.72$1,900
Feb 202129057.805.55$1,676
Jan 202141050.412.81$2,067
Dec 202041044.642.68$1,830
Nov 202041038.772.71$1,590
Oct 202052036.972.48$1,922
Sep 202040037.091.99$1,484
Aug 202049039.982.39$1,959
Jul 202046038.371.83$1,765
Jun 202044034.901.69$1,536
May 202046016.921.81$778
Apr 202039014.751.80$575
Mar 202048030.341.86$1,456
Feb 202064049.881.98$3,192
Jan 202039057.252.09$2,233
Dec 201922059.012.30$1,298
Nov 201946055.302.75$2,544
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 201941050.852.79$2,085
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201859060.183.08$3,551
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201847061.782.77$2,904
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 201769055.423.12$3,824
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201763043.873.09$2,764
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201779046.772.98$3,695
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201675042.492.64$3,187
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201662045.352.69$2,812
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201681026.472.06$2,144
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201574038.792.17$2,870
Oct 20150043.552.43$0
Sep 201587042.992.76$3,740
Aug 20150040.162.87$0
Jul 201580048.152.95$3,852
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201583042.892.93$3,560
Feb 20150044.662.98$0
Jan 201586043.433.10$3,735
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201477078.303.90$6,029
Sep 20140086.164.05$0
Aug 201477089.394.04$6,883
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201482094.734.73$7,768
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 201484097.406.19$8,182
Jan 20140090.404.86$0
Dec 2013176091.824.35$16,160
Nov 20130088.853.74$0
Oct 201386097.423.78$8,378
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201382094.403.93$7,741
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201372093.623.91$6,741
Feb 20130091.233.42$0
Jan 201384091.603.42$7,694
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201281089.383.40$7,240
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201285085.133.02$7,236
Jun 20120079.822.52$0
May 201283091.612.49$7,604
Apr 201200101.652.00$0
Mar 2012840105.052.22$8,824
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 201183096.873.24$8,040
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201180083.404.15$6,672
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201186098.134.40$8,439
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201185085.644.18$7,279
Jan 20110086.504.59$0
Dec 201087085.734.35$7,459
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201084073.684.42$6,189
Jul 20100072.554.74$0
Jun 201085070.364.91$5,981
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201079078.394.39$6,193
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200984071.445.48$6,001
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 200981065.543.06$5,309
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200987054.743.93$4,762
Apr 20090046.773.59$0
Mar 200984042.144.06$3,540
Feb 20090032.814.63$0
Jan 200985035.865.37$3,048
Dec 20080037.105.98$0
Nov 200880055.496.86$4,439
Oct 20080075.246.92$0
Sep 2008850101.767.88$8,650
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 2008830131.3313.03$10,900
May 200800123.1711.57$0
Apr 2008850110.3110.45$9,376
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 200884090.388.21$7,592
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 200784082.856.92$6,959
Sep 20070075.846.24$0
Aug 200782069.066.39$5,663
Jul 20070070.906.39$0
Jun 200781062.007.55$5,022
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 200786056.927.30$4,895
Feb 20070055.108.22$0
Jan 200784050.306.73$4,225
Dec 20060056.656.92$0
Nov 200685054.207.62$4,607
Oct 20060054.906.01$0
Sep 200682060.085.04$4,927
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 200681066.286.38$5,369
May 20060066.016.42$0
Apr 200677064.397.36$4,958
Mar 200671056.707.08$4,026
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 200532054.6910.59$1,750
Oct 200533058.3413.80$1,925
Sep 200554061.4512.08$3,318
Aug 20050061.519.80$0
Jul 200537055.697.84$2,061
Jun 200539052.337.38$2,041
May 200545045.226.65$2,035
Apr 20050049.207.36$0
Mar 200539050.377.15$1,964
Feb 200557045.226.31$2,578
Jan 20050043.166.32$0
Dec 200443039.866.75$1,714
Nov 200451045.286.33$2,309
Oct 200458049.706.52$2,883
Sep 200457043.245.28$2,465
Aug 20040042.375.55$0
Jul 200457038.286.08$2,182
Jun 20040036.106.43$0
May 200496037.486.49$3,598
Apr 200457034.475.86$1,965
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 200446032.036.30$1,473
Dec 200346030.266.30$1,392
Nov 200344028.804.60$1,267
Oct 200347028.174.76$1,324
Sep 200350026.314.75$1,316
Aug 200349029.765.13$1,458
Jul 200356029.415.17$1,647
Jun 200348028.565.98$1,371
May 200354026.595.97$1,436
Apr 200356026.675.41$1,494
Mar 200335031.146.10$1,090
Feb 200348033.487.93$1,607
Jan 2003104030.315.58$3,152
Dec 200251026.914.85$1,372
Nov 200258024.664.14$1,430
Oct 200279026.464.23$2,090
Sep 20020027.443.64$0
Aug 200280025.963.16$2,077
Jul 20020024.583.06$0
Jun 200278023.733.34$1,851
May 200280024.663.58$1,973
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 200270018.222.38$1,275
Jan 20020017.172.38$0
Dec 2001116016.932.36$1,964
Nov 20010018.072.41$0
Oct 200167019.782.53$1,325
Sep 200180024.262.25$1,941
Aug 200175024.873.05$1,865
Jul 200174023.933.20$1,771
Jun 200171024.563.82$1,744
May 200159025.524.31$1,506
Apr 200167024.685.34$1,654
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 200175027.478.40$2,060
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 200056031.235.15$1,749
Sep 200054031.875.19$1,721
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 200061029.304.40$1,787
May 20000027.263.68$0
Apr 200071024.513.12$1,740
Mar 200079028.422.86$2,245
Feb 200080027.622.73$2,210
Jan 20000025.272.48$0
Dec 199979024.282.42$1,918
Nov 199977023.192.43$1,786
Oct 199979020.982.80$1,657
Sep 19990021.752.62$0
Aug 199978019.262.88$1,502
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 199971015.792.32$1,121
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 199866010.892.19$719
Oct 19980012.421.97$0
Sep 199852012.592.08$655
Aug 19980011.301.91$0
Jul 199835011.742.24$411
Jun 199854011.242.24$607
May 199860012.622.21$757
Apr 199857013.042.51$743
Mar 199856012.802.31$717
Feb 199863013.952.30$879
Jan 199863014.702.15$926
Dec 199757016.322.41$930
Nov 199768018.193.09$1,237
Oct 199767019.253.15$1,290
Sep 199774017.742.95$1,313
Aug 1997106017.862.55$1,893
Jul 19970017.582.25$0
Jun 199770017.242.26$1,207
May 199769018.972.31$1,309
Apr 199772017.882.08$1,287
Mar 19970018.951.94$0
Feb 199753020.492.21$1,086
Jan 199768023.483.54$1,597
Dec 199654023.32$1,259
Nov 199674021.97$1,626
Oct 199697023.31$2,261
Sep 1996110022.22$2,444
Aug 199663020.26$1,276
Jul 199695019.55$1,857
Jun 1996119018.73$2,229
May 199667019.43$1,302
Apr 1996127021.51$2,732
Mar 1996122019.38$2,364
Feb 199666016.98$1,121
Jan 19960017.07$0
Dec 199592017.19$1,581
Nov 1995129016.00$2,064
Oct 199578015.43$1,204
Sep 199567016.18$1,084
Aug 19950015.92$0
Jul 19950015.24$0
Jun 199532016.41$525
May 199558017.56$1,018
Apr 19950017.73$0
Mar 19950016.44$0
Feb 199571016.58$1,177
Jan 19950015.92$0
Dec 199478015.03$1,172
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940115.29$0
Aug 19940116.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 19940115.88$0
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 199466112.66$836
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930115.85$0
Sep 19930115.03$0
Aug 19930115.66$0
Jul 19930115.46$0
Jun 19930116.79$0
May 199355117.68$972
Apr 19930118.05$0
Mar 19930118.14$0
Feb 19930117.90$0
Jan 199357116.93$965

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                   30 bbl  × $106.41 =     $3,192
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $3,192

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/1318 is the state's own key, not one this site invented.