TAYLOR, W.B. -H- 51

Operated by PEGASUS P AND A LLC (P-5 100833) in the LONGWOOD (GOODLAND LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15585District 06Field 54807200OilSaveExport
Value, all time
$789 k
Aug 2017 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
106
no gaps in the span
Streams
1
oil

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 185 leases and 845 wells, and the rule below applies to all of them.

Discovered
1948-02-03
as the register files it
Field class
Oil and gas
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 5 acres. The field rule took effect on 1985-01-21.

The Commission's schedule remark for this field reads: CORRECTED SPACING 5-2-94 (CLM)

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
OilDisposition10,309 bbl$789,133
Total$789,133

Wells on this lease (3)

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 32.4534, -94.1076. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles. 1 well has no surveyed location and is left out of it.

32.45336, -94.10760 · centre of 2 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
no depth filed
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.
3100.0%

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.

Completions filed
Dec 1960 – Sep 1961
3 of 3 wells

3 wells

42-2030103853Sep 1961
42-2030104155Sep 1961
42-2030103651Dec 1960

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 (106)

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

106 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 20248678.082.63$6,715
May 20248678.812.20$6,778
Apr 20248184.451.66$6,840
Mar 202411580.301.55$9,235
Feb 202424876.091.78$18,870
Jan 202410173.023.30$7,375
Dec 202321171.262.61$15,036
Nov 202328077.892.81$21,809
Oct 202314085.443.09$11,962
Sep 202313989.042.74$12,377
Aug 202321080.522.67$16,909
Jul 202320074.852.64$14,970
Jun 202315368.962.26$10,551
May 202325470.622.23$17,937
Apr 202318078.122.24$14,062
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 202318376.533.39$14,005
Dec 202213376.415.73$10,163
Nov 202212985.005.65$10,965
Oct 202233287.185.86$28,944
Sep 202214484.888.16$12,223
Aug 202224094.529.13$22,685
Jul 2022336101.587.54$34,131
Jun 2022383115.097.98$44,079
May 2022463109.378.43$50,638
Apr 2022117104.226.84$12,194
Mar 2022434108.885.08$47,254
Feb 202226491.054.86$24,037
Jan 202213181.844.54$10,721
Dec 202132571.323.90$23,179
Nov 202114477.435.24$11,150
Oct 202154679.795.71$43,565
Sep 20218969.865.35$6,218
Aug 202148066.024.22$31,690
Jul 202112770.783.98$8,989
Jun 202140269.493.38$27,935
May 202128763.483.02$18,219
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 20209139.982.39$3,638
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 20209714.751.80$1,431
Mar 202033230.341.86$10,073
Feb 202017349.881.98$8,629
Jan 202030357.252.09$17,347
Dec 201927959.012.30$16,464
Nov 201916255.302.75$8,959
Oct 201919653.472.42$10,480
Sep 201915555.052.66$8,533
Aug 20193853.112.30$2,018
Jul 201922756.272.46$12,773
Jun 20198352.782.49$4,381
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$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.

Jun 2024 — as filed, then multipliedworked
Oil                   86 bbl  × $ 78.08 =     $6,715

────────────────────────────────────────────────────
Month total                                   $6,715

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/15585 is the state's own key, not one this site invented.