COVINGTON

Operated by WEATHERS EXPLORATION, INC. (P-5 902850) in the INDIAN LAKE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15416District 06Field 44422500OilCasinghead gasSaveExport
Value, all time
$3.1 M
Nov 2014 – Sep 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
131
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
2006-06-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-12-05.

The Commission's schedule remark for this field reads: FROM 10312'-10873'. TOP ALLOWABLE SET AT 212 BBLS.

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
OilDisposition43,098 bbl$2,535,658
Casinghead gasProduction148,543 Mcf$599,680
Total$3,135,338

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 31.5608, -95.6566. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.56081, -95.65656 · 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
0.0%
0 of 1 wells
Median depth
10,895 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
1100.0%
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.
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 10,895 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-00132501210,895 ftNov 2014Yes

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 (131)

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

131 months

Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
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 202363074.852.64$4,716
Jun 2023184068.962.26$12,689
May 20231834,29870.622.23$22,497
Apr 20233784,61778.122.24$39,861
Mar 20235294,72172.852.39$49,836
Feb 20231792,87375.112.47$20,529
Jan 20233633,51276.533.39$39,678
Dec 20223654,37176.415.73$52,931
Nov 20220085.005.65$0
Oct 20223825,13987.185.86$63,437
Sep 20225664,68284.888.16$86,264
Aug 20225535,01394.529.13$98,024
Jul 20227195,813101.587.54$116,878
Jun 20227445,051115.097.98$125,920
May 20223622,593109.378.43$61,459
Apr 20223841,601104.226.84$50,967
Mar 2022724787108.885.08$82,824
Feb 20221731,11991.054.86$21,189
Jan 20223781,16381.844.54$36,213
Dec 20211841,45171.323.90$18,781
Nov 20211971,45177.435.24$22,852
Oct 20211831,27379.795.71$21,875
Sep 20211971,44469.865.35$21,489
Aug 20213542,63466.024.22$34,488
Jul 20215752,83570.783.98$51,988
Jun 20219233,13569.493.38$74,738
May 20211,0164,64963.483.02$78,525
Apr 20211,0934,50560.362.76$78,400
Mar 20211,0973,00761.302.72$75,416
Feb 20213537257.805.55$20,803
Jan 20217147250.412.81$36,195
Dec 202009744.642.68$260
Nov 20207363638.772.71$28,632
Oct 202009536.972.48$235
Sep 20203463037.091.99$12,893
Aug 202053535839.982.39$22,243
Jul 20205909738.371.83$22,815
Jun 2020012834.901.69$216
May 2020038316.921.81$695
Apr 2020081514.751.80$1,471
Mar 20201,9852,70130.341.86$65,239
Feb 20205,5569,63949.881.98$296,225
Jan 202036340957.252.09$21,639
Dec 20193572559.012.30$21,124
Nov 20191791,21055.302.75$13,227
Oct 201918785853.472.42$12,074
Sep 201936411655.052.66$20,346
Aug 20193744553.112.30$19,967
Jul 20191743756.272.46$9,882
Jun 20191822252.782.49$9,661
May 20191913758.482.74$11,271
Apr 20191917262.632.75$12,160
Mar 201918518256.803.06$11,065
Feb 201937623750.852.79$19,781
Jan 201919181146.033.23$11,410
Dec 201818987846.594.19$12,480
Nov 20183611,03652.934.24$23,498
Oct 201837574161.443.40$25,558
Sep 20183683,04359.543.11$31,368
Aug 20185341,48359.403.07$36,267
Jul 20183681,83565.142.93$29,352
Jun 20183601,81860.183.08$27,259
May 201838249565.382.90$26,411
Apr 201817971163.842.90$13,490
Mar 201836971461.222.79$24,580
Feb 20181865761.782.77$11,649
Jan 201819344562.874.01$13,918
Dec 201717446057.272.92$11,309
Nov 201719138955.423.12$11,798
Oct 201733868049.292.98$18,689
Sep 201734840047.523.09$17,772
Aug 201718040045.373.00$9,368
Jul 2017014943.873.09$460
Jun 201718415942.493.09$8,309
May 201719213245.373.26$9,142
Apr 201718752647.933.21$10,652
Mar 20171878846.772.98$9,009
Feb 201719115350.452.95$10,088
Jan 201719135549.413.42$10,651
Dec 201616825048.763.72$9,122
Nov 201618425342.492.64$8,487
Oct 201618933046.193.09$9,750
Sep 201618724541.553.10$8,530
Aug 201635878741.442.92$17,137
Jul 201616840141.622.92$8,165
Jun 201617745645.352.69$9,252
May 201637047542.521.99$16,678
Apr 201617457536.561.99$7,506
Mar 201618036033.011.79$6,588
Feb 2016027226.472.06$561
Jan 2016022927.352.36$541
Dec 20151841,53032.362.00$9,016
Nov 201517997738.792.17$9,061
Oct 20151751,13243.552.43$10,368
Sep 201518850742.992.76$9,481
Aug 201518063340.162.87$9,047
Jul 20155581,36448.152.95$30,885
Jun 20157402,00456.152.88$47,328
May 20155531,99855.212.96$36,436
Apr 20157361,89849.822.71$41,805
Mar 20153681,64442.892.93$20,608
Feb 20154151,62844.662.98$23,379
Jan 20151,1282,34843.433.10$56,269
Dec 20141,0982,52954.693.59$69,132
Nov 20141,0374,25070.464.25$91,137

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 2023 — as filed, then multipliedworked
Oil                   63 bbl  × $ 74.85 =     $4,716
Casinghead gas         0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                   $4,716

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/15416 is the state's own key, not one this site invented.