MAY SEALEY

Operated by TGNR PANOLA LLC (P-5 102948) in the CARTHAGE (TRAVIS PEAK 6400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15125District 06Field 16032928OilCasinghead gasSaveExport
Value, all time
$2.9 M
Jun 2012 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
168
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 138 leases and 168 wells, and the rule below applies to all of them.

Discovered
1956-03-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
500 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2011-04-05.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition28,478 bbl$1,982,889
Casinghead gasProduction266,444 Mcf$919,267
Total$2,902,155

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 32.1742, -94.5021. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17416, -94.50208 · 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
6,652 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 6,652 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-36537794A 4H6,652 ftJan 2013

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 (168)

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

168 months

May 202620310106.413.05$3,072
Apr 202617898.932.87$1,705
Mar 202621089.753.15$1,885
Feb 202614063.503.75$889
Jan 20269059.138.00$532
Dec 2025165556.664.41$1,149
Nov 20251621658.593.93$1,786
Oct 2025163959.383.30$1,079
Sep 20253839962.743.08$3,612
Aug 202563063.933.01$4,028
Jul 202590066.743.32$6,007
Jun 20257212266.483.13$5,168
May 20259233360.553.23$6,647
Apr 202512348062.363.54$9,371
Mar 202516547567.704.27$13,198
Feb 202514326870.884.34$11,299
Jan 202515734574.324.28$13,144
Dec 202416535268.993.12$12,482
Nov 20249858769.052.20$8,057
Oct 20248559471.372.28$7,422
Sep 20243564869.612.36$3,968
Aug 20243659375.632.06$3,946
Jul 20243661279.932.15$4,191
Jun 20243153478.082.63$3,827
May 20243542478.812.20$3,690
Apr 20241835384.451.66$2,106
Mar 20242025580.301.55$2,000
Feb 20243348176.091.78$3,369
Jan 20243153873.023.30$4,038
Dec 20234352971.262.61$4,445
Nov 20235052577.892.81$5,368
Oct 20235163485.443.09$6,315
Sep 20235154289.042.74$6,023
Aug 20234940380.522.67$5,023
Jul 20234744174.852.64$4,683
Jun 20236055868.962.26$5,398
May 20235655470.622.23$5,189
Apr 20233648578.122.24$3,898
Mar 202319530072.852.39$14,924
Feb 2023038675.112.47$952
Jan 2023034676.533.39$1,172
Dec 202214418676.415.73$12,069
Nov 202202185.005.65$119
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20220207101.587.54$1,561
Jun 2022155466115.097.98$21,556
May 20220674109.378.43$5,684
Apr 2022132586104.226.84$17,764
Mar 2022105495108.885.08$13,945
Feb 2022078091.054.86$3,790
Jan 20223287181.844.54$6,571
Dec 2021084271.323.90$3,283
Nov 2021077877.435.24$4,074
Oct 20214544379.795.71$6,122
Sep 2021099069.865.35$5,297
Aug 20219397566.024.22$10,255
Jul 2021054970.783.98$2,186
Jun 202115387369.493.38$13,583
May 202104863.483.02$145
Apr 2021043960.362.76$1,211
Mar 2021016161.302.72$437
Feb 2021066857.805.55$3,706
Jan 202112054250.412.81$7,572
Dec 2020045244.642.68$1,209
Nov 202003938.772.71$106
Oct 2020099936.972.48$2,476
Sep 202017089337.091.99$8,083
Aug 2020090239.982.39$2,151
Jul 202017092338.371.83$8,207
Jun 20201701,20234.901.69$7,965
May 202001,33516.921.81$2,423
Apr 20203121,33214.751.80$7,005
Mar 20201571,45730.341.86$7,468
Feb 202001,67849.881.98$3,324
Jan 20201101,94957.252.09$10,380
Dec 201901,57959.012.30$3,639
Nov 2019010655.302.75$292
Oct 20192542,27653.472.42$19,086
Sep 2019522,20555.052.66$8,722
Aug 2019411,80053.112.30$6,325
Jul 20191561,57956.272.46$12,663
Jun 2019441,48452.782.49$6,019
May 20191151,49358.482.74$10,817
Apr 20191061,61562.632.75$11,081
Mar 2019871,26356.803.06$8,809
Feb 20191151,32750.852.79$9,553
Jan 20192151,84546.033.23$15,852
Dec 20181251,67346.594.19$12,826
Nov 2018192,00652.934.24$9,506
Oct 201814981761.443.40$11,931
Sep 20181181,93159.543.11$13,027
Aug 20181571,91859.403.07$15,207
Jul 20181562,15365.142.93$16,474
Jun 20181752,28560.183.08$17,562
May 20182312,21665.382.90$21,531
Apr 20182261,92663.842.90$20,015
Mar 20182342,04661.222.79$20,027
Feb 20181641,92161.782.77$15,446
Jan 20181131,41162.874.01$12,761
Dec 20171952,25057.272.92$17,741
Nov 20171952,15055.423.12$17,511
Oct 20171471,62149.292.98$12,082
Sep 20171692,07947.523.09$14,449
Aug 20172502,19645.373.00$17,940
Jul 20171712,34243.873.09$14,732
Jun 20172432,21142.493.09$17,151
May 20172112,17245.373.26$16,661
Apr 20171362,03347.933.21$13,048
Mar 20173072,42646.772.98$21,597
Feb 20171492,19450.452.95$13,995
Jan 20172192,53549.413.42$19,487
Dec 20163482,54348.763.72$26,436
Nov 20162612,54242.492.64$17,812
Oct 20163362,48746.193.09$23,205
Sep 20163462,33841.553.10$21,626
Aug 20162432,41541.442.92$17,132
Jul 20162542,00941.622.92$16,446
Jun 20163593,00245.352.69$24,344
May 20163702,84842.521.99$21,403
Apr 20164562,82436.561.99$22,294
Mar 20164662,90533.011.79$20,594
Feb 20163502,69926.472.06$14,834
Jan 20163882,75927.352.36$17,135
Dec 20154152,69532.362.00$18,823
Nov 20153562,42838.792.17$19,072
Oct 20152512,25843.552.43$16,410
Sep 20155125842.992.76$2,904
Aug 2015818740.162.87$3,503
Jul 201517698648.152.95$11,378
Jun 20156482456.152.88$5,969
May 20152101,15255.212.96$14,999
Apr 20151661,15649.822.71$11,399
Mar 20151611,32142.892.93$10,782
Feb 20151411,23844.662.98$9,982
Jan 20151481,40943.433.10$10,796
Dec 20141371,41954.693.59$12,589
Nov 20141141,78670.464.25$15,626
Oct 20145935478.303.90$6,001
Sep 20148090186.164.05$10,538
Aug 20141612,02189.394.04$22,547
Jul 20142452,24896.564.18$33,053
Jun 20143202,08198.164.74$41,269
May 20142892,94794.734.73$41,306
Apr 20143853,88395.944.81$55,611
Mar 20144404,99895.895.06$67,465
Feb 20145485,36697.406.19$86,601
Jan 20145285,28890.404.86$73,435
Dec 20134843,36391.824.35$59,085
Nov 20131842,56588.853.74$25,937
Oct 20133123,28297.423.78$42,799
Sep 20133753,641104.113.72$52,578
Aug 20131902,385104.253.52$28,209
Jul 20134544,839102.523.72$64,534
Jun 20137617,22294.403.93$100,245
May 20139779,23494.834.15$130,962
Apr 20131,34611,90193.964.28$177,437
Mar 20132,04418,10293.623.91$262,190
Feb 20131,80312,87291.233.42$208,509
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0

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                   20 bbl  × $106.41 =     $2,128
Casinghead gas       310 Mcf  × $  3.05 =       $944

────────────────────────────────────────────────────
Month total                                   $3,072

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/15125 is the state's own key, not one this site invented.