PECOS VALLEY -DE-

Operated by OLSEN ENERGY INC. (P-5 621750) in the PECOS VALLEY (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 54021District 08Field 70129870Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$6.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
401
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 18 leases and 21 wells, and the rule below applies to all of them.

Discovered
1950-07-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres.

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: ALLOCATION FORMULA SUSPENDED 11/1/96 PER FINAL ORDER #08-0213063

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
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
CondensateDisposition586 bbl$31,214
GasProduction1,752,798 Mcf$6,502,089
Total$6,533,304

290,038 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.2155, -102.8158. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.21547, -102.81583 · 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
8,300 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 8,300 ft.

Completions filed
Sep 1972
1 of 1 wells

1 well

42-3710038318,300 ftSep 1972

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026037263.503.75$1,395
Jan 2026016459.138.00$1,312
Dec 2025062356.664.41$2,750
Nov 2025016658.593.93$652
Oct 20250059.383.30$0
Sep 2025064962.743.08$1,997
Aug 202501,29263.933.01$3,895
Jul 202501,41666.743.32$4,694
Jun 202501,20966.483.13$3,783
May 202501,47960.553.23$4,781
Apr 202501,09062.363.54$3,862
Mar 2025043467.704.27$1,852
Feb 2025065670.884.34$2,848
Jan 2025023674.324.28$1,010
Dec 2024075268.993.12$2,347
Nov 2024048369.052.20$1,062
Oct 2024052271.372.28$1,191
Sep 2024095069.612.36$2,246
Aug 2024083775.632.06$1,727
Jul 2024031579.932.15$676
Jun 2024050278.082.63$1,322
May 2024091578.812.20$2,012
Apr 202401,10884.451.66$1,838
Mar 202401,59480.301.55$2,463
Feb 202401,93576.091.78$3,451
Jan 202401,85673.023.30$6,120
Dec 20232001,84471.262.61$19,066
Nov 202301,84277.892.81$5,172
Oct 202301,98485.443.09$6,125
Sep 202301,86189.042.74$5,090
Aug 202302,03580.522.67$5,439
Jul 202302,29074.852.64$6,050
Jun 202302,30168.962.26$5,197
May 202302,44170.622.23$5,437
Apr 202302,40778.122.24$5,386
Mar 202301,98972.852.39$4,760
Feb 202301,82075.112.47$4,488
Jan 202302,01576.533.39$6,826
Dec 202202,36376.415.73$13,538
Nov 202202,04085.005.65$11,518
Oct 202202,13587.185.86$12,519
Sep 202202,09484.888.16$17,095
Aug 202202,12294.529.13$19,368
Jul 202202,166101.587.54$16,336
Jun 202202,052115.097.98$16,369
May 202202,133109.378.43$17,988
Apr 202201,922104.226.84$13,142
Mar 202201,181108.885.08$5,995
Feb 2022095091.054.86$4,616
Jan 2022099481.844.54$4,510
Dec 2021099371.323.90$3,872
Nov 2021095177.435.24$4,980
Oct 202101,01379.795.71$5,788
Sep 2021094569.865.35$5,057
Aug 202101,26266.024.22$5,326
Jul 202101,28270.783.98$5,105
Jun 202101,31969.493.38$4,459
May 202101,43063.483.02$4,315
Apr 202101,38260.362.76$3,812
Mar 202101,53761.302.72$4,176
Feb 202102,20157.805.55$12,211
Jan 202102,81550.412.81$7,911
Dec 202002,85544.642.68$7,638
Nov 202002,76038.772.71$7,470
Oct 202002,90936.972.48$7,210
Sep 202002,80137.091.99$5,577
Aug 202002,80139.982.39$6,681
Jul 202002,82138.371.83$5,149
Jun 202002,92234.901.69$4,939
May 202003,02916.921.81$5,497
Apr 202001,61414.751.80$2,912
Mar 202003,07830.341.86$5,713
Feb 202002,72149.881.98$5,389
Jan 202003,10757.252.09$6,508
Dec 201903,13959.012.30$7,233
Nov 201902,55655.302.75$7,031
Oct 201903,11953.472.42$7,543
Sep 201902,57955.052.66$6,853
Aug 2019077453.112.30$1,784
Jul 2019431,81856.272.46$6,892
Jun 2019099652.782.49$2,481
May 201901,06758.482.74$2,924
Apr 201902,38162.632.75$6,549
Mar 201902,75156.803.06$8,424
Feb 201902,82550.852.79$7,888
Jan 201903,82446.033.23$12,345
Dec 201803,87246.594.19$16,206
Nov 201803,29652.934.24$13,966
Oct 201803,92461.443.40$13,334
Sep 201803,86859.543.11$12,022
Aug 2018703,44359.403.07$14,716
Jul 201802,38365.142.93$6,987
Jun 201803,17660.183.08$9,772
May 201803,31365.382.90$9,610
Apr 201802,99863.842.90$8,697
Mar 201803,28261.222.79$9,146
Feb 201802,96561.782.77$8,202
Jan 201803,23662.874.01$12,974
Dec 201703,24057.272.92$9,466
Nov 201703,12555.423.12$9,745
Oct 201702,95849.292.98$8,826
Sep 201702,93047.523.09$9,046
Aug 201703,27245.373.00$9,830
Jul 201703,22543.873.09$9,956
Jun 201703,04242.493.09$9,392
May 201703,32845.373.26$10,861
Apr 201703,24647.933.21$10,425
Mar 201703,24946.772.98$9,694
Feb 201703,02350.452.95$8,926
Jan 201703,18449.413.42$10,885
Dec 201603,32648.763.72$12,382
Nov 201603,23842.492.64$8,562
Oct 201603,09746.193.09$9,571
Sep 201601,23741.553.10$3,835
Aug 201603,22441.442.92$9,428
Jul 201603,28641.622.92$9,609
Jun 201603,26945.352.69$8,780
May 201602,85142.521.99$5,676
Apr 201613,28336.561.99$6,573
Mar 201603,50833.011.79$6,293
Feb 201601,93326.472.06$3,989
Jan 201603,21027.352.36$7,590
Dec 201503,02732.362.00$6,058
Nov 201503,27438.792.17$7,096
Oct 201502,57343.552.43$6,244
Sep 201512,77742.992.76$7,703
Aug 201503,42240.162.87$9,830
Jul 201503,48048.152.95$10,249
Jun 201503,07456.152.88$8,862
May 201501,57055.212.96$4,640
Apr 201503,25049.822.71$8,796
Mar 201503,22742.892.93$9,470
Feb 201502,08844.662.98$6,214
Jan 201503,47743.433.10$10,781
Dec 201403,32154.693.59$11,927
Nov 201402,85070.464.25$12,118
Oct 201403,18078.303.90$12,405
Sep 201402,89486.164.05$11,708
Aug 201403,32789.394.04$13,425
Jul 201403,04996.564.18$12,744
Jun 201402,87898.164.74$13,633
May 201403,52894.734.73$16,675
Apr 201403,42895.944.81$16,486
Mar 201403,53295.895.06$17,861
Feb 201403,22097.406.19$19,938
Jan 201403,55490.404.86$17,275
Dec 201303,59291.824.35$15,641
Nov 201303,45388.853.74$12,908
Oct 201303,77997.423.78$14,282
Sep 201303,444104.113.72$12,804
Aug 201303,652104.253.52$12,865
Jul 201303,664102.523.72$13,622
Jun 2013623,69194.403.93$20,371
May 201303,84794.834.15$15,962
Apr 201303,91993.964.28$16,783
Mar 2013051793.623.91$2,023
Feb 201301,75991.233.42$6,016
Jan 201303,87491.603.42$13,249
Dec 201204,01586.773.42$13,732
Nov 201203,87186.953.62$14,032
Oct 201203,53889.383.40$12,028
Sep 201203,83494.672.92$11,189
Aug 201203,94892.662.91$11,481
Jul 201203,94585.133.02$11,917
Jun 201203,82679.822.52$9,638
May 201203,99191.612.49$9,931
Apr 201213,883101.652.00$7,855
Mar 201203,721105.052.22$8,268
Feb 201223,824101.102.57$10,031
Jan 201204,40598.092.73$12,044
Dec 201104,77196.873.24$15,457
Nov 201104,02095.723.31$13,311
Oct 201103,97284.983.65$14,492
Sep 201103,97883.623.99$15,856
Aug 201104,10983.404.15$17,050
Jul 201104,17094.144.52$18,837
Jun 201104,14692.904.64$19,237
May 201104,33798.134.40$19,104
Apr 201124,109105.964.33$18,017
Mar 201104,21996.364.06$17,118
Feb 201102,68285.644.18$11,211
Jan 201104,52686.504.59$20,769
Dec 201004,36085.734.35$18,956
Nov 201003,68880.843.80$13,997
Oct 201003,85978.103.51$13,541
Sep 201003,88872.633.98$15,472
Aug 201004,38473.684.42$19,374
Jul 201004,08272.554.74$19,334
Jun 201004,19770.364.91$20,609
May 201004,22671.124.24$17,898
Apr 201004,18581.694.12$17,253
Mar 201004,42478.394.39$19,415
Feb 201004,21073.585.44$22,912
Jan 201004,16474.365.96$24,834
Dec 200904,59871.445.48$25,214
Nov 200904,50574.593.75$16,901
Oct 200904,77972.544.11$19,643
Sep 200904,47765.543.06$13,721
Aug 200904,56867.423.22$14,702
Jul 200904,48561.133.46$15,538
Jun 200904,01566.163.90$15,638
May 200904,52154.743.93$17,748
Apr 200904,24646.773.59$15,233
Mar 200914,88342.144.06$19,862
Feb 200904,54032.814.63$21,034
Jan 200905,21235.865.37$27,994
Dec 200805,34037.105.98$31,918
Nov 200805,26755.496.86$36,134
Oct 200804,28575.246.92$29,661
Sep 200804,323101.767.88$34,053
Aug 200804,905114.228.48$41,609
Jul 200804,886131.0811.39$55,649
Jun 200833,764131.3313.03$49,449
May 200804,294123.1711.57$49,700
Apr 200803,688110.3110.45$38,558
Mar 200803,549101.909.66$34,298
Feb 200803,42192.538.77$30,004
Jan 200814,58390.388.21$37,697
Dec 200704,71388.337.30$34,414
Nov 200704,73191.677.29$34,497
Oct 200704,88982.856.92$33,842
Sep 200705,01175.846.24$31,289
Aug 200704,66169.066.39$29,774
Jul 200705,04470.906.39$32,221
Jun 200704,90462.007.55$37,018
May 200705,15558.747.85$40,448
Apr 200704,84059.617.81$37,777
Mar 200705,13256.927.30$37,474
Feb 200704,57555.108.22$37,588
Jan 200704,96250.306.73$33,379
Dec 200605,02856.656.92$34,786
Nov 200605,04554.207.62$38,430
Oct 200605,33254.906.01$32,066
Sep 200605,18960.085.04$26,138
Aug 200605,45868.717.34$40,061
Jul 200605,65969.376.34$35,894
Jun 200605,50766.286.38$35,156
May 200605,25366.016.42$33,751
Apr 200604,41264.397.36$32,474
Mar 200605,45856.707.08$38,659
Feb 200605,05457.597.75$39,174
Jan 200605,68260.598.93$50,759
Dec 200505,65854.9413.42$75,904
Nov 200505,52054.6910.59$58,448
Oct 200505,60358.3413.80$77,298
Sep 200515,41561.4512.08$65,469
Aug 200505,76061.519.80$56,430
Jul 200505,86155.697.84$45,972
Jun 200505,71652.337.38$42,190
May 200505,96245.226.65$39,654
Apr 200505,77549.207.36$42,507
Mar 200506,03050.377.15$43,144
Feb 200505,26245.226.31$33,213
Jan 200505,96243.166.32$37,693
Dec 200406,11239.866.75$41,263
Nov 200406,01845.286.33$38,096
Oct 200406,37749.706.52$41,547
Sep 200405,77443.245.28$30,509
Aug 200405,33742.375.55$29,624
Jul 200405,27638.286.08$32,100
Jun 200406,02936.106.43$38,785
May 200406,30737.486.49$40,961
Apr 200406,17034.475.86$36,147
Mar 200406,43834.365.53$35,603
Feb 200406,10832.455.51$33,653
Jan 200406,61232.036.30$41,653
Dec 200306,73130.266.30$42,416
Nov 200306,69528.804.60$30,765
Oct 200306,83628.174.76$32,537
Sep 200305,95926.314.75$28,301
Aug 200303,91229.765.13$20,067
Jul 200306,27329.415.17$32,437
Jun 200306,41228.565.98$38,363
May 200306,82426.595.97$40,758
Apr 200306,42326.675.41$34,731
Mar 200306,74031.146.10$41,087
Feb 200305,87933.487.93$46,596
Jan 200306,99030.315.58$39,018
Dec 200207,16126.914.85$34,758
Nov 200206,68824.664.14$27,668
Oct 200207,46126.464.23$31,553
Sep 200207,16127.443.64$26,032
Aug 200207,71425.963.16$24,408
Jul 200206,81924.583.06$20,878
Jun 200207,53523.733.34$25,154
May 200207,80724.663.58$27,980
Apr 200207,80523.653.51$27,414
Mar 200208,14222.003.10$25,262
Feb 200207,50118.222.38$17,820
Jan 200208,31917.172.38$19,763
Dec 200106,70316.932.36$15,849
Nov 200106,69218.072.41$16,098
Oct 200107,18319.782.53$18,165
Sep 200107,36724.262.25$16,585
Aug 200107,37324.873.05$22,511
Jul 200107,57023.933.20$24,202
Jun 200107,17124.563.82$27,423
May 200107,86525.524.31$33,877
Apr 200108,43424.685.34$44,998
Mar 200107,77224.545.38$41,786
Feb 200108,03427.755.77$46,333
Jan 200108,80227.478.40$73,926
Dec 200009,29726.889.12$84,812
Nov 200008,20132.215.66$46,401
Oct 200008,82031.235.15$45,383
Sep 200009,17231.875.19$47,571
Aug 200007,81929.644.54$35,504
Jul 200008,91728.534.09$36,468
Jun 200007,85729.304.40$34,549
May 200008,76427.263.68$32,249
Apr 200008,05424.513.12$25,096
Mar 200008,79728.422.86$25,157
Feb 200008,43927.622.73$23,009
Jan 200009,35825.272.48$23,213
Dec 199909,57124.282.42$23,197
Nov 199909,22523.192.43$22,454
Oct 1999010,11420.982.80$28,357
Sep 199909,33821.752.62$24,455
Aug 199909,71719.262.88$27,942
Jul 1999010,51217.892.37$24,938
Jun 1999010,23915.942.36$24,186
May 1999011,21115.792.32$26,021
Apr 1999011,07915.102.21$24,463
Mar 1999010,60312.471.84$19,492
Feb 199939,7629.981.82$17,775
Jan 199909,38010.381.90$17,822
Dec 199824,5769.201.77$8,133
Nov 199803210.892.19$70
Oct 19980012.421.97$0
Sep 199802,87912.592.08$5,996
Aug 199803,75711.301.91$7,166
Jul 199802,37911.742.24$5,322
Jun 199805,95811.242.24$13,330
May 199803,13912.622.21$6,926
Apr 199803,42213.042.51$8,573
Mar 199803,36112.802.31$7,762
Feb 1998052913.952.30$1,216
Jan 199803,07514.702.15$6,626
Dec 199704,63316.322.41$11,171
Nov 199704,46018.193.09$13,774
Oct 199706,15519.253.15$19,387
Sep 199704,94117.742.95$14,600
Aug 199704,44117.862.55$11,346
Jul 199705,51617.582.25$12,394
Jun 199704,66717.242.26$10,534
May 199705,00218.972.31$11,547
Apr 199704,58317.882.08$9,545
Mar 199705,22518.951.94$10,132
Feb 199704,74120.492.21$10,458
Jan 199705,72923.483.54$20,279
Dec 199605,61023.32$0
Nov 199604,88421.97$0
Oct 199604,57423.31$0
Sep 199605,07122.22$0
Aug 199605,33520.26$0
Jul 199605,47019.55$0
Jun 199605,63818.73$0
May 199605,99319.43$0
Apr 199605,59321.51$0
Mar 199605,73519.38$0
Feb 199605,46616.98$0
Jan 199605,79417.07$0
Dec 199506,00517.19$0
Nov 199505,95116.00$0
Oct 199505,93115.43$0
Sep 199505,92816.18$0
Aug 199505,68415.92$0
Jul 199516,55415.24$15
Jun 1995485,29016.41$788
May 199526,75717.56$35
Apr 199505,67117.73$0
Mar 199576,75316.44$115
Feb 199514,85116.58$17
Jan 199503,92615.92$0
Dec 199405,18915.03$0
Nov 199404,37815.90$0
Oct 199404,28615.58$0
Sep 199405,37215.29$0
Aug 199405,29716.13$0
Jul 199414,64817.56$18
Jun 199405,11117.09$0
May 199403,88115.88$0
Apr 199405,09214.14$0
Mar 199405,99912.46$0
Feb 199475,83112.50$88
Jan 199407,49812.66$0
Dec 199307,08112.33$0
Nov 199306,99414.49$0
Oct 199308,32915.85$0
Sep 199307,85215.03$0
Aug 199317,41815.66$16
Jul 199308,39215.46$0
Jun 199308,42316.79$0
May 19931257,00817.68$2,210
Apr 199307,68218.05$0
Mar 199308,09418.14$0
Feb 199307,43217.90$0
Jan 199308,28716.93$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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                  372 Mcf  × $  3.75 =     $1,395

────────────────────────────────────────────────────
Month total                                   $1,395

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/54021 is the state's own key, not one this site invented.