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JARVIS

Operated by FORTUNE RESOURCES LLC (P-5 278755) in the PERCY WHEELER (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15462District 06Field 70577400OilCasinghead gasSaveExport
Value, all time
$4.1 M
Jul 2015 – May 2026
Value, last 12 filed months
$249 k
at the published price for each month
Months reported
131
no gaps in the span
Streams
2
oil, casinghead gas

The PERCY WHEELER (PETTIT) field

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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered
1986-05-12
as the register files it
Field class
Oil
the register's own label
Between wells
—
no field rule filed
From a lease line
—
no field rule filed

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
OilDisposition37,750 bbl$2,294,364
Casinghead gasProduction530,071 Mcf$1,800,226
Total$4,094,589

Wells on this lease (2)

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 32.0973, -95.2123. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.09725, -95.21227 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,285 ft
2 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.
2100.0%

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

Between 9,640 and 12,930 ft, median 11,285 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2015 – Sep 2016
2 of 2 wells

2 wells

42-07331357312,930 ftSep 2016——
42-0733041919,640 ftJul 2015——

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

May 202600106.413.05$0
Apr 20261922,40398.932.87$25,891
Mar 20261582,80989.753.15$23,027
Feb 20263822,70863.503.75$34,413
Jan 202602,41359.138.00$19,299
Dec 20251912,60556.664.41$22,319
Nov 20251872,70358.593.93$21,570
Oct 20251952,86259.383.30$21,038
Sep 20253802,92562.743.08$32,841
Aug 202502,51563.933.01$7,582
Jul 20253692,64366.743.32$33,389
Jun 202502,53466.483.13$7,928
May 20253732,86760.553.23$31,852
Apr 202502,94862.363.54$10,445
Mar 20253583,14767.704.27$37,669
Feb 20251932,80870.884.34$25,869
Jan 20251903,13674.324.28$27,539
Dec 20241773,24868.993.12$22,349
Nov 20241933,05369.052.20$20,038
Oct 20241863,16871.372.28$20,502
Sep 20241833,08969.612.36$20,042
Aug 20241883,21275.632.06$20,847
Jul 20243753,17879.932.15$36,796
Jun 202402,77678.082.63$7,312
May 20243712,73378.812.20$35,247
Apr 20241902,57984.451.66$20,325
Mar 20241933,16580.301.55$20,388
Feb 20241943,13576.091.78$20,353
Jan 20241973,35773.023.30$25,455
Dec 20231853,52471.262.61$22,383
Nov 20231923,38977.892.81$24,470
Oct 20233873,65385.443.09$44,343
Sep 20231933,34189.042.74$26,322
Aug 20233653,65680.522.67$39,162
Jul 20233583,84674.852.64$36,957
Jun 20231913,72968.962.26$21,593
May 20233634,02470.622.23$34,598
Apr 20231923,94278.122.24$23,820
Mar 20231913,98772.852.39$23,456
Feb 20235653,81975.112.47$51,854
Jan 20231824,08476.533.39$27,764
Dec 20223794,13576.415.73$52,649
Nov 20223743,79585.005.65$53,217
Oct 20223824,23187.185.86$58,112
Sep 20223804,12384.888.16$65,913
Aug 20223804,19094.529.13$74,160
Jul 20223714,063101.587.54$68,330
Jun 20223774,006115.097.98$75,346
May 20221924,243109.378.43$56,780
Apr 20223534,348104.226.84$66,520
Mar 20225744,461108.885.08$85,143
Feb 20223644,07991.054.86$52,961
Jan 20223684,29481.844.54$49,602
Dec 20213534,73071.323.90$43,619
Nov 20213554,52377.435.24$51,174
Oct 20211804,96179.795.71$42,709
Sep 20213564,16269.865.35$47,141
Aug 20213536,91366.024.22$52,482
Jul 202135021,81270.783.98$111,630
Jun 202135516,27769.493.38$79,695
May 202117414,09463.483.02$53,577
Apr 202136313,34360.362.76$58,716
Mar 202135417,62661.302.72$69,589
Feb 202136115,07657.805.55$104,507
Jan 202152112,85050.412.81$62,376
Dec 20203557,50744.642.68$35,932
Nov 20203587,59338.772.71$34,431
Oct 20203627,73436.972.48$32,551
Sep 20203513,99437.091.99$20,971
Aug 20201793,60239.982.39$15,748
Jul 20201784,00438.371.83$14,138
Jun 20201813,02734.901.69$11,433
May 20201773,69916.921.81$9,708
Apr 20201813,47614.751.80$8,942
Mar 20201744,09530.341.86$12,880
Feb 20203641,74849.881.98$21,619
Jan 20201823,29057.252.09$17,311
Dec 20191802,77859.012.30$17,023
Nov 20193545,43355.302.75$34,521
Oct 20191773,69153.472.42$18,391
Sep 20191803,98055.052.66$20,485
Aug 20193673,92253.112.30$28,529
Jul 20191784,20956.272.46$20,370
Jun 20191784,29452.782.49$20,092
May 20193614,69158.482.74$33,966
Apr 20191804,38262.632.75$23,327
Mar 20193553,08956.803.06$29,623
Feb 20191812,61150.852.79$16,494
Jan 20193562,47746.033.23$24,383
Dec 20183701,69846.594.19$24,345
Nov 20181802,36652.934.24$19,553
Oct 20181793,87461.443.40$24,162
Sep 20183534,26059.543.11$34,258
Aug 20181773,18359.403.07$20,275
Jul 20183523,80065.142.93$34,070
Jun 20181824,38460.183.08$24,442
May 20183593,41865.382.90$33,386
Apr 20181812,94563.842.90$20,098
Mar 20185312,45061.222.79$39,336
Feb 201818546161.782.77$12,704
Jan 20183611,04162.874.01$26,870
Dec 20173562,60557.272.92$27,999
Nov 20173553,63155.423.12$30,997
Oct 20173543,27249.292.98$27,211
Sep 20171793,06647.523.09$17,972
Aug 20173543,13845.373.00$25,489
Jul 20173553,62343.873.09$26,759
Jun 20173452,81142.493.09$23,337
May 20171663,03545.373.26$17,436
Apr 20173563,29547.933.21$27,645
Mar 20175283,21046.772.98$34,272
Feb 20171782,13550.452.95$15,284
Jan 20173583,71749.413.42$30,396
Dec 20165292,58448.763.72$35,414
Nov 20163151,86242.492.64$18,308
Oct 20161421,85246.193.09$12,282
Sep 2016072441.553.10$2,245
Aug 20165273,65841.442.92$32,536
Jul 20163533,64041.622.92$25,336
Jun 20163583,45645.352.69$25,518
May 20163573,18642.521.99$21,523
Apr 20163463,28436.561.99$19,188
Mar 20165123,75633.011.79$23,639
Feb 20163462,45826.472.06$14,231
Jan 20165193,03227.352.36$21,363
Dec 201551529932.362.00$17,264
Nov 20153471,70238.792.17$17,149
Oct 20155113,76443.552.43$31,388
Sep 20155053,22042.992.76$30,592
Aug 20155183,04140.162.87$29,538
Jul 20151191,76148.152.95$10,916

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.

Apr 2026 — as filed, then multipliedworked
Oil                  192 bbl  × $ 98.93 =    $18,995
Casinghead gas     2,403 Mcf  × $  2.87 =     $6,896

────────────────────────────────────────────────────
Month total                                  $25,891

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/15462 is the state's own key, not one this site invented.