STATE OF TEXAS -DV-

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the UNIVERSITY WADDELL (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16924District 08Field 92618125Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$628 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 17 leases and 259 wells, and the rule below applies to all of them.

Discovered
1949-05-03
as the register files it
Field class
Oil
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 2025-08-19.

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: THIS IS A UFT FIELD

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
OilDisposition14,912 bbl$591,595
Casinghead gasProduction9,793 Mcf$36,249
Total$627,844

1,686 Mcf of this lease's gas, across 22 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 (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 31.5208, -102.4334. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.52051, -102.43333 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
9,275 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
133.3%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
266.7%

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 9,100 and 9,450 ft, median 9,275 ft, over the 2 wells that filed a depth.

Completions filed
Jun 2003
1 of 3 wells; 2 filed none
Plug dates filed
Nov 1994
1 of 3 wells; 2 filed none

3 wells

42-103041435 L9,450 ftNov 1994Yes
42-103101807
42-1030414469,100 ftJun 2003

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 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 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
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 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20195053.472.42$267
Sep 2019372255.052.66$2,095
Aug 2019412853.112.30$2,242
Jul 2019322356.272.46$1,857
Jun 2019282252.782.49$1,533
May 2019372058.482.74$2,219
Apr 2019241262.632.75$1,536
Mar 2019362256.803.06$2,112
Feb 2019362350.852.79$1,895
Jan 2019361846.033.23$1,715
Dec 2018311946.594.19$1,524
Nov 2018311652.934.24$1,709
Oct 2018321961.443.40$2,031
Sep 2018291959.543.11$1,786
Aug 2018302059.403.07$1,843
Jul 2018332265.142.93$2,214
Jun 2018292560.183.08$1,822
May 2018312865.382.90$2,108
Apr 2018322363.842.90$2,110
Mar 2018362661.222.79$2,276
Feb 2018352561.782.77$2,231
Jan 2018342562.874.01$2,238
Dec 2017412657.272.92$2,424
Nov 2017402455.423.12$2,292
Oct 2017353149.292.98$1,818
Sep 2017373647.523.09$1,869
Aug 2017323845.373.00$1,566
Jul 2017323943.873.09$1,524
Jun 2017343842.493.09$1,562
May 2017313645.373.26$1,524
Apr 2017333547.933.21$1,694
Mar 2017333646.772.98$1,651
Feb 2017303550.452.95$1,617
Jan 2017313649.413.42$1,655
Dec 2016322948.763.72$1,668
Nov 2016332642.492.64$1,471
Oct 2016553046.193.09$2,633
Sep 2016733041.553.10$3,126
Aug 2016723141.442.92$3,074
Jul 2016602241.622.92$2,562
Jun 20160045.352.69$0
May 20168042.521.99$340
Apr 2016632636.561.99$2,355
Mar 2016702633.011.79$2,357
Feb 2016622726.472.06$1,697
Jan 2016423427.352.36$1,229
Dec 2015433132.362.00$1,454
Nov 2015423038.792.17$1,694
Oct 2015414943.552.43$1,904
Sep 2015443042.992.76$1,974
Aug 2015493940.162.87$2,080
Jul 2015463548.152.95$2,318
Jun 2015443356.152.88$2,566
May 2015543755.212.96$3,091
Apr 2015422649.822.71$2,163
Mar 2015331842.892.93$1,468
Feb 2015171544.662.98$804
Jan 2015263143.433.10$1,225
Dec 2014283554.693.59$1,657
Nov 2014293470.464.25$2,188
Oct 2014274178.303.90$2,274
Sep 2014283986.164.05$2,570
Aug 2014302089.394.04$2,762
Jul 2014312496.564.18$3,094
Jun 2014372598.164.74$3,750
May 2014554094.734.73$5,399
Apr 2014513795.944.81$5,071
Mar 2014382895.895.06$3,785
Feb 2014291997.406.19$2,942
Jan 2014412890.404.86$3,843
Dec 2013543691.824.35$5,115
Nov 2013554088.853.74$5,036
Oct 2013594597.423.78$5,918
Sep 20133725104.113.72$3,945
Aug 20137451104.253.52$7,894
Jul 20138462102.523.72$8,842
Jun 2013372694.403.93$3,595
May 2013362694.834.15$3,522
Apr 2013443193.964.28$4,267
Mar 2013553993.623.91$5,302
Feb 2013271891.233.42$2,525
Jan 2013311991.603.42$2,905
Dec 2012402686.773.42$3,560
Nov 2012533386.953.62$4,728
Oct 2012523689.383.40$4,770
Sep 2012291894.672.92$2,798
Aug 2012483592.662.91$4,549
Jul 2012332585.133.02$2,885
Jun 2012271979.822.52$2,203
May 2012292091.612.49$2,706
Apr 20122920101.652.00$2,988
Mar 20123221105.052.22$3,408
Feb 20124129101.102.57$4,220
Jan 2012271798.092.73$2,695
Dec 2011271896.873.24$2,674
Nov 2011292195.723.31$2,845
Oct 2011292184.983.65$2,541
Sep 2011312783.623.99$2,700
Aug 2011363083.404.15$3,127
Jul 2011211894.144.52$2,058
Jun 2011383292.904.64$3,679
May 2011383298.134.40$3,870
Apr 20112724105.964.33$2,965
Mar 2011483496.364.06$4,763
Feb 2011472785.644.18$4,138
Jan 2011472986.504.59$4,199
Dec 2010292085.734.35$2,573
Nov 2010291880.843.80$2,413
Oct 2010321978.103.51$2,566
Sep 2010291972.633.98$2,182
Aug 2010312273.684.42$2,381
Jul 2010322272.554.74$2,426
Jun 2010302170.364.91$2,214
May 2010322371.124.24$2,373
Apr 2010302481.694.12$2,550
Mar 2010312278.394.39$2,527
Feb 2010282173.585.44$2,175
Jan 2010302174.365.96$2,356
Dec 2009291971.445.48$2,176
Nov 2009291974.593.75$2,234
Oct 2009291872.544.11$2,178
Sep 2009281765.543.06$1,887
Aug 2009281767.423.22$1,942
Jul 2009281961.133.46$1,777
Jun 2009292166.163.90$2,000
May 2009291854.743.93$1,658
Apr 2009281946.773.59$1,378
Mar 2009291542.144.06$1,283
Feb 2009291332.814.63$1,012
Jan 2009301635.865.37$1,162
Dec 2008292037.105.98$1,195
Nov 2008291955.496.86$1,740
Oct 2008302275.246.92$2,409
Sep 20082816101.767.88$2,975
Aug 20082921114.228.48$3,491
Jul 20083123131.0811.39$4,325
Jun 20083019131.3313.03$4,188
May 20083028123.1711.57$4,019
Apr 20083030110.3110.45$3,623
Mar 20083122101.909.66$3,372
Feb 2008283192.538.77$2,863
Jan 2008303590.388.21$2,999
Dec 200731088.337.30$2,738
Nov 2007303291.677.29$2,983
Oct 2007313382.856.92$2,797
Sep 2007303375.846.24$2,481
Aug 2007323769.066.39$2,446
Jul 2007323770.906.39$2,505
Jun 2007303562.007.55$2,124
May 2007303658.747.85$2,045
Apr 2007292959.617.81$1,955
Mar 2007303756.927.30$1,978
Feb 2007273255.108.22$1,751
Jan 2007313550.306.73$1,795
Dec 2006313856.656.92$2,019
Nov 2006323154.207.62$1,971
Oct 2006325254.906.01$2,070
Sep 2006314660.085.04$2,094
Aug 2006315368.717.34$2,519
Jul 2006214769.376.34$1,755
Jun 20061066.286.38$66
May 2006263166.016.42$1,915
Apr 2006305464.397.36$2,329
Mar 2006324456.707.08$2,126
Feb 2006284257.597.75$1,938
Jan 2006304960.598.93$2,255
Dec 2005314954.9413.42$2,360
Nov 2005315454.6910.59$2,267
Oct 2005295758.3413.80$2,478
Sep 2005295461.4512.08$2,434
Aug 2005316161.519.80$2,504
Jul 2005306055.697.84$2,141
Jun 2005285852.337.38$1,893
May 2005274545.226.65$1,520
Apr 2005284149.207.36$1,679
Mar 2005314050.377.15$1,848
Feb 2005335045.226.31$1,808
Jan 2005325543.166.32$1,729
Dec 2004314939.866.75$1,566
Nov 2004294345.286.33$1,585
Oct 2004294949.706.52$1,761
Sep 2004223743.245.28$1,147
Aug 2004282642.375.55$1,331
Jul 2004382038.286.08$1,576
Jun 2004442236.106.43$1,730
May 2004664437.486.49$2,759
Apr 2004713934.475.86$2,676
Mar 2004412434.365.53$1,541
Feb 2004332032.455.51$1,181
Jan 2004553532.036.30$1,982
Dec 2003654630.266.30$2,257
Nov 2003594728.804.60$1,915
Oct 2003756228.174.76$2,408
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 200221522.003.10$91
Feb 2002251318.222.38$486
Jan 2002301417.172.38$548
Dec 2001281516.932.36$510
Nov 2001271518.072.41$524
Oct 200129919.782.53$596
Sep 2001271124.262.25$680
Aug 2001292224.873.05$788
Jul 2001292423.933.20$771
Jun 2001232124.563.82$645
May 2001211825.524.31$613
Apr 2001221924.685.34$644
Mar 2001372024.545.38$1,016
Feb 2001432927.755.77$1,361
Jan 2001402627.478.40$1,317
Dec 2000342126.889.12$1,105
Nov 2000382432.215.66$1,360
Oct 2000443131.235.15$1,534
Sep 2000443131.875.19$1,563
Aug 2000423029.644.54$1,381
Jul 2000513228.534.09$1,586
Jun 2000714929.304.40$2,296
May 2000613327.263.68$1,784
Apr 2000574324.513.12$1,531
Mar 2000614628.422.86$1,865
Feb 2000403127.622.73$1,189
Jan 2000503825.272.48$1,358
Dec 1999523724.282.42$1,352
Nov 1999392823.192.43$973
Oct 1999433220.982.80$992
Sep 1999443221.752.62$1,041
Aug 1999402919.262.88$854
Jul 1999403117.892.37$789
Jun 1999443415.942.36$782
May 1999433515.792.32$760
Apr 1999715715.102.21$1,198
Mar 1999695812.471.84$967
Feb 199966509.981.82$750
Jan 1999705810.381.90$837
Dec 199874669.201.77$798
Nov 1998745310.892.19$922
Oct 1998796712.421.97$1,113
Sep 1998785112.592.08$1,088
Aug 1998825211.301.91$1,026
Jul 1998781611.742.24$952
Jun 1998764611.242.24$957
May 1998806112.622.21$1,144
Apr 1998794113.042.51$1,133
Mar 199887012.802.31$1,114
Feb 19988710113.952.30$1,446
Jan 199810012114.702.15$1,731
Dec 199710511616.322.41$1,993
Nov 1997956918.193.09$1,941
Oct 1997912119.253.15$1,818
Sep 1997961417.742.95$1,744
Aug 1997934317.862.55$1,771
Jul 1997944717.582.25$1,758
Jun 1997864917.242.26$1,593
May 1997955118.972.31$1,920
Apr 1997864417.882.08$1,629
Mar 1997864718.951.94$1,721
Feb 1997302320.492.21$665
Jan 1997632623.483.54$1,571
Dec 19961202623.32$2,798
Nov 19961192521.97$2,614
Oct 19961182823.31$2,751
Sep 19961242422.22$2,755
Aug 19961532220.26$3,100
Jul 19961522819.55$2,972
Jun 19961502018.73$2,810
May 19962812519.43$5,460
Apr 19961072121.51$2,302
Mar 19961383819.38$2,674
Feb 1996290016.98$4,924
Jan 19960017.07$0
Dec 1995371017.19$6,377
Nov 1995147016.00$2,352
Oct 1995146015.43$2,253
Sep 1995109016.18$1,764
Aug 199590015.92$1,433
Jul 199546015.24$701
Jun 199541016.41$673
May 199532017.56$562
Apr 199555017.73$975
Mar 199522016.44$362
Feb 19955016.58$83
Jan 19958015.92$127
Dec 199432015.03$481
Nov 199425015.90$398
Oct 199440015.58$623
Sep 199440015.29$612
Aug 199467016.13$1,081
Jul 199424017.56$421
Jun 19940017.09$0
May 19940015.88$0
Apr 1994380014.14$5,373
Mar 1994205012.46$2,554
Feb 19940012.50$0
Jan 19940012.66$0
Dec 199398112.33$1,208
Nov 199388114.49$1,275
Oct 1993146115.85$2,314
Sep 1993112115.03$1,683
Aug 199310633815.66$1,660
Jul 1993029315.46$0
Jun 19936718716.79$1,125
May 1993019617.68$0
Apr 199310112318.05$1,823
Mar 1993013718.14$0
Feb 19931107917.90$1,969
Jan 199307216.93$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.

Oct 2019 — as filed, then multipliedworked
Oil                    5 bbl  × $ 53.47 =       $267
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                     $267

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/O/16924 is the state's own key, not one this site invented.