Z&T 42

Operated by LRR PECOS VALLEY, LLC (P-5 511724) in the SANDBAR (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 282328District 08Field 80544500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.9 M
Jul 2015 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
131
no gaps in the span
Streams
2
condensate, 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 1,654 leases and 2,003 wells, and the rule below applies to all of them.

Discovered
2010-09-15
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 20 acres. The field rule took effect on 2015-08-25.

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: DKT08-0319479 ORDER NUNC PRO TUNC REGARDING SWR13

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112019-02-12221110
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition188,095 bbl$11,349,023
GasProduction1,408,853 Mcf$4,578,874
Total$15,927,897

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 31.8983, -103.6864. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.89833, -103.68642 · 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
8,806 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 8,806 ft.

Completions filed
Jan 2017
1 of 1 wells

1 well

42-30132190G002AH8,806 ftJan 2017

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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202501,36762.743.08$4,206
Aug 202501,12763.933.01$3,398
Jul 2025089966.743.32$2,980
Jun 2025045566.483.13$1,424
May 202507260.553.23$233
Apr 2025026762.363.54$946
Mar 20250067.704.27$0
Feb 20250170.884.34$4
Jan 20250374.324.28$13
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 2024381,06373.023.30$6,280
Dec 202325371.262.61$281
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20231052,17589.042.74$15,298
Aug 20235126,05980.522.67$57,421
Jul 20239381,60774.852.64$74,455
Jun 2023343068.962.26$23,653
May 20238646,98870.622.23$76,581
Apr 20231,2318,45378.122.24$115,082
Mar 20231,41912,50272.852.39$133,293
Feb 20231,51612,82775.112.47$145,494
Jan 20231,7588,20976.533.39$162,350
Dec 20221,5396,16876.415.73$152,932
Nov 20223,0884,35585.005.65$287,069
Oct 20223,5366,28887.185.86$345,140
Sep 20222,5641,22284.888.16$227,608
Aug 202280247594.529.13$80,140
Jul 20221,7029,866101.587.54$247,299
Jun 20221,89116,460115.097.98$348,940
May 20222,60511,032109.378.43$377,942
Apr 20222,83214,925104.226.84$397,202
Mar 20223,72110,555108.885.08$458,724
Feb 20222,0186,57391.054.86$215,676
Jan 20222,3022,06481.844.54$197,761
Dec 20213,3906,54471.323.90$267,291
Nov 20212,44510,56777.435.24$244,654
Oct 20211,5319,80979.795.71$178,206
Sep 20211,93111,12269.865.35$194,413
Aug 20211,6648,75066.024.22$146,787
Jul 20211,8407,74170.783.98$161,060
Jun 20211,5484,41069.493.38$122,479
May 20211,7195,10563.483.02$124,527
Apr 20212,00514,08960.362.76$159,885
Mar 20218354,79061.302.72$64,200
Feb 2021674057.805.55$38,957
Jan 20218354,49450.412.81$54,722
Dec 20209212,81544.642.68$48,645
Nov 20201,0212,90938.772.71$47,458
Oct 20201,1494,45936.972.48$53,530
Sep 20201,1948,38037.091.99$60,970
Aug 20208707,06539.982.39$51,633
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20203016.921.81$51
Apr 2020904414.751.80$1,407
Mar 20201,42229,83130.341.86$98,517
Feb 20201,61126,93649.881.98$133,708
Jan 20201,49824,72257.252.09$137,547
Dec 20191,61024,19259.012.30$150,753
Nov 20191,65223,42455.302.75$155,788
Oct 20191,57919,98953.472.42$132,773
Sep 20192923,17855.052.66$24,519
Aug 20191,88130,31853.112.30$169,764
Jul 20191,93229,18156.272.46$180,501
Jun 20191,64621,31052.782.49$139,963
May 20192,66524,79758.482.74$223,801
Apr 20193,86432,59462.632.75$331,659
Mar 20193,84234,02356.803.06$322,407
Feb 20193,58034,03650.852.79$277,079
Jan 20193,05837,23946.033.23$260,974
Dec 20182,61222,27046.594.19$214,903
Nov 20184,03834,18452.934.24$358,577
Oct 20184,09438,31061.443.40$381,716
Sep 20183,92220,06359.543.11$295,872
Aug 20182,86612,16659.403.07$207,548
Jul 20182,06115,22865.142.93$178,900
Jun 20181,9028,19160.183.08$139,665
May 2018483,60165.382.90$13,584
Apr 2018273063.842.90$1,811
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20172257.272.92$120
Nov 20172392055.423.12$13,308
Oct 20173,24539,26649.292.98$277,103
Sep 20173,51880,11547.523.09$414,513
Aug 20174,05649,96445.373.00$334,133
Jul 20174,72255,68443.873.09$379,066
Jun 20175,29962,03842.493.09$416,683
May 20176,54667,85945.373.26$518,443
Apr 20178,53982,67147.933.21$674,780
Mar 201713,33089,06346.772.98$889,180
Feb 201716,88853,95350.452.95$1,011,301
Jan 20175,01811,20249.413.42$286,237
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$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.

Sep 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.74 =         $0
Gas                1,367 Mcf  × $  3.08 =     $4,206

────────────────────────────────────────────────────
Month total                                   $4,206

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/282328 is the state's own key, not one this site invented.