LOU LEE

Operated by MARTIN, JIMMY INC (P-5 530596) in the SAND HILLS (MCKNIGHT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240091District 08Field 80473310Hydrogen sulphide fieldGasSaveExport
Value, all time
$457 k
Jan 2008 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
221
no gaps in the span
Streams
1
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 215 leases and 1,609 wells, and the rule below applies to all of them.

Discovered
1944-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2024-12-17.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ONLY. 6MONTH EXCEPTION TO SWR51A. SPECIAL HZ LANGUAGE

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
GasProduction85,380 Mcf$457,079
Total$457,079

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 31.3948, -102.5999. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39483, -102.59988 · 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
3,016 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 3,016 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-1033546413,016 ftJan 2008

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 (221)

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

221 months

May 2026108106.413.05$329
Apr 20269898.932.87$281
Mar 202610789.753.15$337
Feb 202610063.503.75$375
Jan 20268259.138.00$656
Dec 20258256.664.41$362
Nov 202510658.593.93$416
Oct 202510759.383.30$354
Sep 202510862.743.08$332
Aug 202518563.933.01$558
Jul 202520766.743.32$686
Jun 202520366.483.13$635
May 202521760.553.23$701
Apr 202521162.363.54$748
Mar 202521967.704.27$935
Feb 202519570.884.34$846
Jan 202521374.324.28$911
Dec 202421168.993.12$659
Nov 202422469.052.20$492
Oct 202418871.372.28$429
Sep 202421969.612.36$518
Aug 202423275.632.06$479
Jul 202422879.932.15$489
Jun 202422478.082.63$590
May 202422878.812.20$501
Apr 202421984.451.66$363
Mar 202421880.301.55$337
Feb 202414976.091.78$266
Jan 202416373.023.30$538
Dec 202321271.262.61$553
Nov 202320677.892.81$578
Oct 202321685.443.09$667
Sep 202321389.042.74$583
Aug 202323180.522.67$617
Jul 202317374.852.64$457
Jun 202314668.962.26$330
May 202321470.622.23$477
Apr 202321078.122.24$470
Mar 202320072.852.39$479
Feb 202319575.112.47$481
Jan 202324776.533.39$837
Dec 202217076.415.73$974
Nov 202220885.005.65$1,174
Oct 202219887.185.86$1,161
Sep 202214684.888.16$1,192
Aug 202219094.529.13$1,734
Jul 2022218101.587.54$1,644
Jun 2022211115.097.98$1,683
May 2022129109.378.43$1,088
Apr 2022658104.226.84$4,499
Mar 2022859108.885.08$4,361
Feb 202285991.054.86$4,174
Jan 202285981.844.54$3,898
Dec 202193871.323.90$3,657
Nov 202195777.435.24$5,012
Oct 202192279.795.71$5,268
Sep 202138469.865.35$2,055
Aug 202176066.024.22$3,208
Jul 202160270.783.98$2,397
Jun 202133969.493.38$1,146
May 202129363.483.02$884
Apr 202119660.362.76$541
Mar 202126561.302.72$720
Feb 202112957.805.55$716
Jan 202113250.412.81$371
Dec 202011944.642.68$318
Nov 202016038.772.71$433
Oct 202016536.972.48$409
Sep 202012137.091.99$241
Aug 20207339.982.39$174
Jul 202019138.371.83$349
Jun 202022834.901.69$385
May 20208716.921.81$158
Apr 202010014.751.80$180
Mar 202012830.341.86$238
Feb 20206449.881.98$127
Jan 202011557.252.09$241
Dec 201911059.012.30$253
Nov 201914955.302.75$410
Oct 201915853.472.42$382
Sep 201914455.052.66$383
Aug 201914653.112.30$336
Jul 2019656.272.46$15
Jun 201913152.782.49$326
May 201925858.482.74$707
Apr 201926862.632.75$737
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 201810846.594.19$452
Nov 201810852.934.24$458
Oct 201812161.443.40$411
Sep 201811759.543.11$364
Aug 201811359.403.07$347
Jul 201811865.142.93$346
Jun 201810860.183.08$332
May 201815265.382.90$441
Apr 201814063.842.90$406
Mar 201814961.222.79$415
Feb 201814761.782.77$407
Jan 201814762.874.01$589
Dec 201718357.272.92$535
Nov 201719155.423.12$596
Oct 201716749.292.98$498
Sep 201719147.523.09$590
Aug 201719145.373.00$574
Jul 201719343.873.09$596
Jun 201727742.493.09$855
May 201730545.373.26$995
Apr 201731247.933.21$1,002
Mar 201728546.772.98$850
Feb 201730050.452.95$886
Jan 201725849.413.42$882
Dec 201630048.763.72$1,117
Nov 201636142.492.64$955
Oct 201624446.193.09$754
Sep 201624441.553.10$757
Aug 201634141.442.92$997
Jul 201644741.622.92$1,307
Jun 201627345.352.69$733
May 201626542.521.99$528
Apr 20168436.561.99$167
Mar 20167833.011.79$140
Feb 201611826.472.06$244
Jan 201616527.352.36$390
Dec 201518132.362.00$362
Nov 201527738.792.17$600
Oct 201520543.552.43$497
Sep 201526642.992.76$734
Aug 201524140.162.87$692
Jul 201522448.152.95$660
Jun 201526656.152.88$767
May 201525055.212.96$739
Apr 201520449.822.71$552
Mar 201524242.892.93$710
Feb 201522844.662.98$679
Jan 201526643.433.10$825
Dec 201429654.693.59$1,063
Nov 201422070.464.25$935
Oct 201423578.303.90$917
Sep 201426686.164.05$1,076
Aug 201421889.394.04$880
Jul 201422796.564.18$949
Jun 201414598.164.74$687
May 201417894.734.73$841
Apr 201410795.944.81$515
Mar 201424695.895.06$1,244
Feb 201425797.406.19$1,591
Jan 201421590.404.86$1,045
Dec 201329391.824.35$1,276
Nov 201318888.853.74$703
Oct 201323297.423.78$877
Sep 2013108104.113.72$402
Aug 2013186104.253.52$655
Jul 2013246102.523.72$915
Jun 201322094.403.93$865
May 201320994.834.15$867
Apr 201337593.964.28$1,606
Mar 201340093.623.91$1,565
Feb 201359591.233.42$2,035
Jan 20139591.603.42$325
Dec 20129386.773.42$318
Nov 20125686.953.62$203
Oct 201211989.383.40$405
Sep 201213494.672.92$391
Aug 201217592.662.91$509
Jul 201220785.133.02$625
Jun 201220179.822.52$506
May 201225091.612.49$622
Apr 2012256101.652.00$511
Mar 2012246105.052.22$547
Feb 2012205101.102.57$527
Jan 201228398.092.73$774
Dec 201136896.873.24$1,192
Nov 201139795.723.31$1,315
Oct 201144284.983.65$1,613
Sep 201143983.623.99$1,750
Aug 201143883.404.15$1,817
Jul 201153194.144.52$2,399
Jun 201129692.904.64$1,373
May 201132998.134.40$1,449
Apr 2011566105.964.33$2,453
Mar 201150696.364.06$2,053
Feb 201163885.644.18$2,667
Jan 201163886.504.59$2,928
Dec 201063885.734.35$2,774
Nov 201054580.843.80$2,068
Oct 201051278.103.51$1,797
Sep 201039172.633.98$1,556
Aug 201020573.684.42$906
Jul 201013772.554.74$649
Jun 20101370.364.91$64
May 2010071.124.24$0
Apr 201011181.694.12$458
Mar 201048578.394.39$2,129
Feb 201045773.585.44$2,487
Jan 201043274.365.96$2,576
Dec 20091,13271.445.48$6,208
Nov 20091,12574.593.75$4,220
Oct 20091,25372.544.11$5,150
Sep 20091,27665.543.06$3,911
Aug 20091,49767.423.22$4,818
Jul 200939661.133.46$1,372
Jun 200981766.163.90$3,182
May 20091,53054.743.93$6,006
Apr 20091,44246.773.59$5,173
Mar 20091,99242.144.06$8,086
Feb 20091,44732.814.63$6,704
Jan 200958735.865.37$3,153
Dec 200891937.105.98$5,493
Nov 20081,06555.496.86$7,306
Oct 20081,25575.246.92$8,687
Sep 20081,183101.767.88$9,319
Aug 2008904114.228.48$7,669
Jul 20082,048131.0811.39$23,326
Jun 20081,766131.3313.03$23,016
May 20082,807123.1711.57$32,489
Apr 20083,405110.3110.45$35,599
Mar 20084,820101.909.66$46,581
Feb 20082,01092.538.77$17,629
Jan 2008090.388.21$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
Gas                  108 Mcf  × $  3.05 =       $329

────────────────────────────────────────────────────
Month total                                     $329

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. 08/G/240091 is the state's own key, not one this site invented.