FITE OIL UNIT NO. 1

Operated by MUSTANG DRILLING, INC. (P-5 596917) in the LANEVILLE, NE. (PETTIT, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13223District 06Field 51894500OilCasinghead gasSaveExport
Value, all time
$2.9 M
Jun 1993 – Aug 2024
Value, last 12 filed months
$81 k
at the published price for each month
Months reported
375
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 35 leases and 42 wells, and the rule below applies to all of them.

Discovered
1978-08-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: NET GOR 750 MCF/DAY

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
OilDisposition56,347 bbl$2,859,149
Casinghead gasProduction314 Mcf$1,170
Total$2,860,319

43 Mcf of this lease's gas, across 43 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 32.0854, -94.7168. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08541, -94.71685 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,250 ft
1 wells filed one
Completion to plug
31.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 7,250 ft.

Completions filed
Jul 1993
1 of 1 wells
Plug dates filed
Jul 2024
1 of 1 wells

Last completion to plug: a median of 31.0 years across the 1 well that filed both dates, with the middle half between 31.0 years and 31.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4013245417,250 ftJul 1993Jul 2024Yes

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 (375)

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

375 months

Aug 20240075.632.06$0
Jul 2024149079.932.15$11,910
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024173076.091.78$13,164
Jan 2024174073.023.30$12,705
Dec 20230071.262.61$0
Nov 2023174077.892.81$13,553
Oct 2023172085.443.09$14,696
Sep 2023169089.042.74$15,048
Aug 2023170080.522.67$13,688
Jul 2023171074.852.64$12,799
Jun 2023171068.962.26$11,792
May 2023172070.622.23$12,147
Apr 2023173078.122.24$13,515
Mar 2023176072.852.39$12,822
Feb 2023173075.112.47$12,994
Jan 2023173076.533.39$13,240
Dec 2022174076.415.73$13,295
Nov 2022347085.005.65$29,495
Oct 2022172087.185.86$14,995
Sep 2022172084.888.16$14,599
Aug 2022173094.529.13$16,352
Jul 20223410101.587.54$34,639
Jun 20221720115.097.98$19,795
May 20221710109.378.43$18,702
Apr 20221710104.226.84$17,822
Mar 20223430108.885.08$37,346
Feb 2022174091.054.86$15,843
Jan 2022172081.844.54$14,076
Dec 2021171071.323.90$12,196
Nov 2021174077.435.24$13,473
Oct 2021173079.795.71$13,804
Sep 2021171169.865.35$11,951
Aug 2021172166.024.22$11,360
Jul 2021353170.783.98$24,989
Jun 20210169.493.38$3
May 20210163.483.02$3
Apr 2021167160.362.76$10,083
Mar 2021173161.302.72$10,608
Feb 2021171157.805.55$9,889
Jan 20210150.412.81$3
Dec 2020173144.642.68$7,725
Nov 2020173138.772.71$6,710
Oct 20200136.972.48$2
Sep 2020167137.091.99$6,196
Aug 2020171139.982.39$6,839
Jul 2020171138.371.83$6,563
Jun 2020341134.901.69$11,903
May 20200116.921.81$2
Apr 20200114.751.80$2
Mar 2020171130.341.86$5,190
Feb 2020174149.881.98$8,681
Jan 20200157.252.09$2
Dec 2019170159.012.30$10,034
Nov 2019171155.302.75$9,459
Oct 2019173153.472.42$9,253
Sep 20190155.052.66$3
Aug 2019172153.112.30$9,137
Jul 2019169156.272.46$9,512
Jun 2019171152.782.49$9,028
May 2019172158.482.74$10,061
Apr 20190162.632.75$3
Mar 2019171156.803.06$9,716
Feb 2019171150.852.79$8,698
Jan 2019174146.033.23$8,012
Dec 2018173146.594.19$8,064
Nov 2018172152.934.24$9,108
Oct 20180161.443.40$3
Sep 2018172159.543.11$10,244
Aug 2018174159.403.07$10,339
Jul 2018171165.142.93$11,142
Jun 2018170160.183.08$10,234
May 20180165.382.90$3
Apr 2018173163.842.90$11,047
Mar 2018173161.222.79$10,594
Feb 2018173161.782.77$10,691
Jan 2018175162.874.01$11,006
Dec 20170157.272.92$3
Nov 2017174155.423.12$9,646
Oct 2017170149.292.98$8,382
Sep 2017172147.523.09$8,177
Aug 2017171145.373.00$7,761
Jul 2017172143.873.09$7,549
Jun 2017169142.493.09$7,184
May 20170145.373.26$3
Apr 2017172147.933.21$8,247
Mar 2017171146.772.98$8,001
Feb 2017171150.452.95$8,630
Jan 2017172149.413.42$8,502
Dec 2016175148.763.72$8,537
Nov 20160142.492.64$3
Oct 2016175046.193.09$8,083
Sep 2016174141.553.10$7,233
Aug 2016172141.442.92$7,131
Jul 2016172141.622.92$7,162
Jun 2016169145.352.69$7,667
May 2016172142.521.99$7,315
Apr 20160136.561.99$2
Mar 2016170133.011.79$5,613
Feb 2016171126.472.06$4,528
Jan 2016170127.352.36$4,652
Dec 2015173132.362.00$5,600
Nov 2015176138.792.17$6,829
Oct 2015171043.552.43$7,447
Sep 2015169142.992.76$7,268
Aug 20150140.162.87$3
Jul 2015172148.152.95$8,285
Jun 2015173156.152.88$9,717
May 2015344155.212.96$18,995
Apr 2015173149.822.71$8,622
Mar 20150142.892.93$3
Feb 20150144.662.98$3
Jan 2015177143.433.10$7,690
Dec 2014177154.693.59$9,684
Nov 20140170.464.25$4
Oct 2014177178.303.90$13,863
Sep 2014173186.164.05$14,910
Aug 2014173189.394.04$15,469
Jul 2014172196.564.18$16,613
Jun 2014178198.164.74$17,477
May 20140194.734.73$5
Apr 2014176195.944.81$16,890
Mar 2014172195.895.06$16,498
Feb 2014171197.406.19$16,662
Jan 2014176190.404.86$15,915
Dec 2013174191.824.35$15,981
Nov 20130188.853.74$4
Oct 2013187197.423.78$18,221
Sep 20131851104.113.72$19,264
Aug 20131821104.253.52$18,977
Jul 201301102.523.72$4
Jun 2013184194.403.93$17,374
May 2013185194.834.15$17,548
Apr 2013184193.964.28$17,293
Mar 2013180193.623.91$16,856
Feb 20130191.233.42$3
Jan 2013181191.603.42$16,583
Dec 2012175186.773.42$15,188
Nov 2012175186.953.62$15,220
Oct 2012178189.383.40$15,913
Sep 2012183194.672.92$17,328
Aug 20120192.662.91$3
Jul 2012180185.133.02$15,326
Jun 2012177179.822.52$14,131
May 2012173191.612.49$15,851
Apr 20121731101.652.00$17,587
Mar 201201105.052.22$2
Feb 20121851101.102.57$18,706
Jan 2012179198.092.73$17,561
Dec 2011181196.873.24$17,537
Nov 2011178195.723.31$17,041
Oct 2011173184.983.65$14,705
Sep 2011182183.623.99$15,223
Aug 20110183.404.15$4
Jul 2011168194.144.52$15,820
Jun 2011174192.904.64$16,169
May 2011171198.134.40$16,785
Apr 201101105.964.33$4
Mar 2011170196.364.06$16,385
Feb 2011172185.644.18$14,734
Jan 2011175186.504.59$15,142
Dec 20100185.734.35$4
Nov 2010178180.843.80$14,393
Oct 2010177178.103.51$13,827
Sep 20100172.633.98$4
Aug 2010176173.684.42$12,972
Jul 2010176172.554.74$12,774
Jun 20100170.364.91$5
May 2010181171.124.24$12,877
Apr 2010170181.694.12$13,891
Mar 2010175178.394.39$13,723
Feb 20100173.585.44$5
Jan 2010177174.365.96$13,168
Dec 2009172171.445.48$12,293
Nov 2009170174.593.75$12,684
Oct 2009170172.544.11$12,336
Sep 2009173165.543.06$11,341
Aug 2009166167.423.22$11,195
Jul 20090161.133.46$3
Jun 2009181166.163.90$11,979
May 2009169154.743.93$9,255
Apr 2009172146.773.59$8,048
Mar 2009184142.144.06$7,758
Feb 2009182132.814.63$5,976
Jan 2009174135.865.37$6,245
Dec 2008181137.105.98$6,721
Nov 20080155.496.86$7
Oct 2008178175.246.92$13,400
Sep 20081831101.767.88$18,630
Aug 20081811114.228.48$20,682
Jul 20081741131.0811.39$22,819
Jun 20081771131.3313.03$23,258
May 20081691123.1711.57$20,827
Apr 200801110.3110.45$10
Mar 20083531101.909.66$35,980
Feb 20080192.538.77$9
Jan 2008172190.388.21$15,554
Dec 2007173188.337.30$15,288
Nov 2007183191.677.29$16,783
Oct 2007169182.856.92$14,009
Sep 2007180175.846.24$13,657
Aug 2007170169.066.39$11,747
Jul 2007178170.906.39$12,627
Jun 2007197162.007.55$12,222
May 20070158.747.85$8
Apr 2007175159.617.81$10,440
Mar 2007176156.927.30$10,025
Feb 2007173155.108.22$9,541
Jan 20070150.306.73$7
Dec 2006173156.656.92$9,807
Nov 2006171154.207.62$9,276
Oct 2006176154.906.01$9,668
Sep 2006177160.085.04$10,639
Aug 2006175168.717.34$12,032
Jul 20060169.376.34$6
Jun 2006180166.286.38$11,937
May 2006174166.016.42$11,492
Apr 2006169164.397.36$10,889
Mar 2006170156.707.08$9,646
Feb 2006174157.597.75$10,028
Jan 2006169160.598.93$10,249
Dec 2005175154.9413.42$9,628
Nov 2005175154.6910.59$9,581
Oct 2005169158.3413.80$9,873
Sep 2005177161.4512.08$10,889
Aug 2005172161.519.80$10,590
Jul 2005170155.697.84$9,475
Jun 2005166152.337.38$8,694
May 2005179145.226.65$8,101
Apr 2005177149.207.36$8,716
Mar 2005167150.377.15$8,419
Feb 2005177145.226.31$8,010
Jan 2005168143.166.32$7,257
Dec 2004169139.866.75$6,743
Nov 2004167145.286.33$7,568
Oct 2004169149.706.52$8,406
Sep 2004168143.245.28$7,270
Aug 2004173142.375.55$7,336
Jul 2004168138.286.08$6,437
Jun 20040136.106.43$6
May 2004337137.486.49$12,637
Apr 20040134.475.86$6
Mar 2004168134.365.53$5,778
Feb 2004171132.455.51$5,554
Jan 2004168132.036.30$5,387
Dec 2003166130.266.30$5,029
Nov 2003171128.804.60$4,929
Oct 2003168128.174.76$4,737
Sep 2003331126.314.75$8,713
Aug 2003168129.765.13$5,005
Jul 2003345129.415.17$10,152
Jun 2003343128.565.98$9,802
May 20030126.595.97$6
Apr 20030126.675.41$5
Mar 2003328131.146.10$10,220
Feb 2003171133.487.93$5,733
Jan 20030130.315.58$6
Dec 2002171126.914.85$4,606
Nov 20020124.664.14$4
Oct 2002512126.464.23$13,552
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 200285023.733.34$2,017
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 2000178131.875.19$5,678
Aug 2000182129.644.54$5,399
Jul 20000128.534.09$4
Jun 20000129.304.40$4
May 2000167127.263.68$4,556
Apr 2000189124.513.12$4,636
Mar 20000128.422.86$3
Feb 2000119127.622.73$3,290
Jan 20000125.272.48$2
Dec 1999182124.282.42$4,421
Nov 19990123.192.43$2
Oct 1999181120.982.80$3,800
Sep 1999174121.752.62$3,787
Aug 19990119.262.88$3
Jul 1999182117.892.37$3,258
Jun 19990115.942.36$2
May 1999185115.792.32$2,923
Apr 1999165115.102.21$2,494
Mar 1999186112.471.84$2,321
Feb 1999019.981.82$2
Jan 1999186110.381.90$1,933
Dec 1998019.201.77$2
Nov 1998184110.892.19$2,006
Oct 1998184112.421.97$2,287
Sep 19980112.592.08$2
Aug 1998186111.301.91$2,104
Jul 1998166111.742.24$1,951
Jun 1998174111.242.24$1,958
May 1998188112.622.21$2,375
Apr 1998189113.042.51$2,467
Mar 1998186112.802.31$2,383
Feb 1998185113.952.30$2,583
Jan 19980114.702.15$2
Dec 19970116.322.41$2
Nov 19970118.193.09$3
Oct 19970119.253.15$3
Sep 1997177117.742.95$3,143
Aug 1997375117.862.55$6,700
Jul 1997177117.582.25$3,114
Jun 1997190117.242.26$3,278
May 1997187118.972.31$3,550
Apr 1997173117.882.08$3,095
Mar 1997343118.951.94$6,502
Feb 19970120.492.21$2
Jan 1997199123.483.54$4,676
Dec 1996188123.32$4,384
Nov 1996387121.97$8,502
Oct 19960123.31$0
Sep 1996365122.22$8,110
Aug 19960120.26$0
Jul 1996195119.55$3,812
Jun 1996187118.73$3,503
May 1996346119.43$6,723
Apr 1996186121.51$4,001
Mar 1996181119.38$3,508
Feb 19960116.98$0
Jan 1996190117.07$3,243
Dec 1995191117.19$3,283
Nov 1995329116.00$5,264
Oct 1995188115.43$2,901
Sep 1995179116.18$2,896
Aug 1995191115.92$3,041
Jul 1995193115.24$2,941
Jun 1995472116.41$7,746
May 19950117.56$0
Apr 1995363117.73$6,436
Mar 1995200116.44$3,288
Feb 1995163116.58$2,703
Jan 1995375115.92$5,970
Dec 1994187115.03$2,811
Nov 1994193115.90$3,069
Oct 1994369115.58$5,749
Sep 1994194115.29$2,966
Aug 1994169116.13$2,726
Jul 1994368117.56$6,462
Jun 1994183117.09$3,127
May 1994336115.88$5,336
Apr 1994172114.14$2,432
Mar 1994361112.46$4,498
Feb 1994347112.50$4,338
Jan 1994284112.66$3,595
Dec 1993302112.33$3,724
Nov 1993305114.49$4,419
Oct 1993382115.85$6,055
Sep 1993368115.03$5,531
Aug 1993562115.66$8,801
Jul 1993703115.46$10,868
Jun 1993343116.79$5,759

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.

Jul 2024 — as filed, then multipliedworked
Oil                  149 bbl  × $ 79.93 =    $11,910
Casinghead gas         0 Mcf  × $  2.15 =         $0

────────────────────────────────────────────────────
Month total                                  $11,910

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/13223 is the state's own key, not one this site invented.