PHELAN, BONITA

Operated by M2 SQUARED OPERATING, LLC (P-5 519348) in the WESTBROOK field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24946District 08Field 96563001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$52 k
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 103 leases and 2,419 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 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: OF ALL NECESSARY FORMS AND FEES STILL REQUIRED,EFFECTIVE 6/27/11

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
OilDisposition146,596 bbl$5,494,400
Casinghead gasProduction21 Mcf$0
Total$5,494,400

21 Mcf of this lease's gas, across 21 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 (13)

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 32.3340, -101.1007. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.33429, -101.09864 · 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
38.5%
5 of 13 wells
With a plug date
38.5%
5 of 13 wells
Median depth
3,525 ft
13 wells filed one
Completion to plug
26.8 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
538.5%
A plug date is filed
538.5%
BothOn the schedule and plugged. Neither fact cancels the other.
538.5%
NeitherNo plug date, and not on the schedule.
861.5%

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

Total depth in feet, 13 of 13 wells. Median 3,525 ft, with the middle half between 3,389 and 3,595 ft; the shallowest is 3,295 ft and the deepest 3,790 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 12 of 13 wells, Feb 1978 – Jan 1985. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1978 – Jan 1985
12 of 13 wells; 1 filed none
Plug dates filed
Jun 2001 – Sep 2011
5 of 13 wells; 8 filed none

Last completion to plug: a median of 26.8 years across the 4 wells that filed both dates, with the middle half between 24.2 years and 27.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

13 wells

42-33532791163,389 ftSep 2011Yes
42-33532794203,600 ftJan 1985Jun 2001Yes
42-33532792153,640 ftDec 1984Sep 2011Yes
42-33532795193,595 ftNov 1984Sep 2011Yes
42-33532390143,450 ftDec 1982
42-33532063133,550 ftFeb 1982
42-33532064123,565 ftJan 1982Sep 2011Yes
42-33532065113,525 ftJan 1982
42-3353148093,790 ftOct 1979
42-33531479103,426 ftOct 1979
42-3353132383,352 ftMay 1978
42-3353127873,375 ftMar 1978
42-3353125563,295 ftFeb 1978

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 2026780106.413.05$8,300
Apr 2026217098.932.87$21,468
Mar 2026143089.753.15$12,834
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 2025153063.933.01$9,781
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 2024141075.632.06$10,664
Jul 2024137079.932.15$10,950
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024136080.301.55$10,921
Feb 2024144076.091.78$10,957
Jan 20240073.023.30$0
Dec 202366071.262.61$4,703
Nov 2023154077.892.81$11,995
Oct 20230085.443.09$0
Sep 202391089.042.74$8,103
Aug 2023235080.522.67$18,922
Jul 20230074.852.64$0
Jun 2023243068.962.26$16,757
May 20230070.622.23$0
Apr 2023141078.122.24$11,015
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023151076.533.39$11,556
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 202152070.783.98$3,681
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202182060.362.76$4,950
Mar 20210061.302.72$0
Feb 2021133057.805.55$7,687
Jan 20210050.412.81$0
Dec 2020123044.642.68$5,491
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020158037.091.99$5,860
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 2020141034.901.69$4,921
May 2020280016.921.81$4,738
Apr 2020159014.751.80$2,345
Mar 2020169030.341.86$5,127
Feb 2020317049.881.98$15,812
Jan 20200057.252.09$0
Dec 2019489059.012.30$28,856
Nov 20190055.302.75$0
Oct 2019327053.472.42$17,485
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019319056.272.46$17,950
Jun 2019159052.782.49$8,392
May 2019156058.482.74$9,123
Apr 2019310062.632.75$19,415
Mar 2019157056.803.06$8,918
Feb 2019158050.852.79$8,034
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018139052.934.24$7,357
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018158059.403.07$9,385
Jul 2018294065.142.93$19,151
Jun 20180060.183.08$0
May 2018169065.382.90$11,049
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018284062.874.01$17,855
Dec 20170057.272.92$0
Nov 2017171055.423.12$9,477
Oct 2017334049.292.98$16,463
Sep 2017136047.523.09$6,463
Aug 2017161045.373.00$7,305
Jul 2017159043.873.09$6,975
Jun 2017172042.493.09$7,308
May 2017326045.373.26$14,791
Apr 20170047.933.21$0
Mar 2017165046.772.98$7,717
Feb 2017529050.452.95$26,688
Jan 2017164049.413.42$8,103
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016158046.193.09$7,298
Sep 20160041.553.10$0
Aug 2016167041.442.92$6,920
Jul 2016150041.622.92$6,243
Jun 20160045.352.69$0
May 2016168042.521.99$7,143
Apr 20160036.561.99$0
Mar 2016184033.011.79$6,074
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015176032.362.00$5,695
Nov 2015135038.792.17$5,237
Oct 2015378043.552.43$16,462
Sep 20150042.992.76$0
Aug 2015165040.162.87$6,626
Jul 20150048.152.95$0
Jun 2015345056.152.88$19,372
May 20151055.212.96$55
Apr 20150049.822.71$0
Mar 2015178042.892.93$7,634
Feb 2015171044.662.98$7,637
Jan 2015160043.433.10$6,949
Dec 20140054.693.59$0
Nov 2014336070.464.25$23,675
Oct 2014330078.303.90$25,839
Sep 2014151086.164.05$13,010
Aug 20140089.394.04$0
Jul 2014519096.564.18$50,115
Jun 20140098.164.74$0
May 2014342094.734.73$32,398
Apr 20140095.944.81$0
Mar 2014337095.895.06$32,315
Feb 2014174097.406.19$16,948
Jan 20140090.404.86$0
Dec 2013339091.824.35$31,127
Nov 20130088.853.74$0
Oct 2013337097.423.78$32,831
Sep 20135050104.113.72$52,576
Aug 201300104.253.52$0
Jul 20131910102.523.72$19,581
Jun 2013174094.403.93$16,426
May 2013337094.834.15$31,958
Apr 2013338093.964.28$31,758
Mar 201310093.623.91$936
Feb 2013318091.233.42$29,011
Jan 2013174091.603.42$15,938
Dec 2012161086.773.42$13,970
Nov 2012326086.953.62$28,346
Oct 2012168089.383.40$15,016
Sep 2012166094.672.92$15,715
Aug 2012321092.662.91$29,744
Jul 2012330085.133.02$28,093
Jun 2012164079.822.52$13,090
May 2012333091.612.49$30,506
Apr 20121640101.652.00$16,671
Mar 20123360105.052.22$35,297
Feb 20123310101.102.57$33,464
Jan 2012493098.092.73$48,358
Dec 2011176096.873.24$17,049
Nov 20110095.723.31$0
Oct 2011491084.983.65$41,725
Sep 20110083.623.99$0
Aug 2011338083.404.15$28,189
Jul 2011341094.144.52$32,102
Jun 2011146092.904.64$13,563
May 2011347098.134.40$34,051
Apr 20111750105.964.33$18,543
Mar 2011514096.364.06$49,529
Feb 20110085.644.18$0
Jan 2011173086.504.59$14,965
Dec 2010442085.734.35$37,893
Nov 2010172080.843.80$13,904
Oct 2010496078.103.51$38,738
Sep 20100072.633.98$0
Aug 2010340073.684.42$25,051
Jul 2010313072.554.74$22,708
Jun 2010319070.364.91$22,445
May 2010167071.124.24$11,877
Apr 2010493081.694.12$40,273
Mar 2010171078.394.39$13,405
Feb 2010173073.585.44$12,729
Jan 2010319074.365.96$23,721
Dec 2009325071.445.48$23,218
Nov 2009165074.593.75$12,307
Oct 2009346072.544.11$25,099
Sep 2009323065.543.06$21,169
Aug 2009338067.423.22$22,788
Jul 2009173061.133.46$10,575
Jun 2009331066.163.90$21,899
May 2009178054.743.93$9,744
Apr 2009468046.773.59$21,888
Mar 2009154042.144.06$6,490
Feb 2009157032.814.63$5,151
Jan 2009464035.865.37$16,639
Dec 2008159037.105.98$5,899
Nov 2008308055.496.86$17,091
Oct 2008315075.246.92$23,701
Sep 20081390101.767.88$14,145
Aug 20084640114.228.48$52,998
Jul 20081640131.0811.39$21,497
Jun 20083170131.3313.03$41,632
May 20083150123.1711.57$38,799
Apr 20084810110.3110.45$53,059
Mar 20084790101.909.66$48,810
Feb 2008479092.538.77$44,322
Jan 2008472090.388.21$42,659
Dec 2007456088.337.30$40,278
Nov 2007316091.677.29$28,968
Oct 2007392082.856.92$32,477
Sep 2007476075.846.24$36,100
Aug 2007485069.066.39$33,494
Jul 2007320070.906.39$22,688
Jun 2007474062.007.55$29,388
May 2007473058.747.85$27,784
Apr 2007477059.617.81$28,434
Mar 2007610056.927.30$34,721
Feb 2007323055.108.22$17,797
Jan 2007479050.306.73$24,094
Dec 2006465056.656.92$26,342
Nov 2006435054.207.62$23,577
Oct 2006471054.906.01$25,858
Sep 2006614060.085.04$36,889
Aug 2006161068.717.34$11,062
Jul 2006470069.376.34$32,604
Jun 2006321066.286.38$21,276
May 2006452066.016.42$29,837
Apr 2006474064.397.36$30,521
Mar 2006463056.707.08$26,252
Feb 2006461057.597.75$26,549
Jan 2006468060.598.93$28,356
Dec 2005788054.9413.42$43,293
Nov 2005158054.6910.59$8,641
Oct 2005312058.3413.80$18,202
Sep 2005704061.4512.08$43,261
Aug 2005493061.519.80$30,324
Jul 2005472055.697.84$26,286
Jun 2005476052.337.38$24,909
May 2005480045.226.65$21,706
Apr 2005468049.207.36$23,026
Mar 2005613050.377.15$30,877
Feb 2005481045.226.31$21,751
Jan 2005475043.166.32$20,501
Dec 2004601039.866.75$23,956
Nov 2004157045.286.33$7,109
Oct 2004464049.706.52$23,061
Sep 2004637043.245.28$27,544
Aug 2004496042.375.55$21,016
Jul 2004637038.286.08$24,384
Jun 2004301036.106.43$10,866
May 2004477037.486.49$17,878
Apr 2004470034.475.86$16,201
Mar 2004778034.365.53$26,732
Feb 2004312032.455.51$10,124
Jan 2004628032.036.30$20,115
Dec 2003315030.266.30$9,532
Nov 2003317028.804.60$9,130
Oct 2003768028.174.76$21,635
Sep 2003307026.314.75$8,077
Aug 2003462029.765.13$13,749
Jul 2003634029.415.17$18,646
Jun 2003478028.565.98$13,652
May 2003318026.595.97$8,456
Apr 2003792026.675.41$21,123
Mar 2003638031.146.10$19,867
Feb 2003480033.487.93$16,070
Jan 2003643030.315.58$19,489
Dec 2002320026.914.85$8,611
Nov 2002625024.664.14$15,413
Oct 2002475026.464.23$12,569
Sep 2002640027.443.64$17,562
Aug 2002637025.963.16$16,537
Jul 2002478024.583.06$11,749
Jun 2002769023.733.34$18,248
May 2002455024.663.58$11,220
Apr 2002632023.653.51$14,947
Mar 2002471022.003.10$10,362
Feb 2002791018.222.38$14,412
Jan 2002482017.172.38$8,276
Dec 2001638016.932.36$10,801
Nov 2001638018.072.41$11,529
Oct 2001797019.782.53$15,765
Sep 2001638024.262.25$15,478
Aug 2001952024.873.05$23,676
Jul 2001321023.933.20$7,682
Jun 2001317024.563.82$7,786
May 2001635025.524.31$16,205
Apr 2001316024.685.34$7,799
Mar 2001797024.545.38$19,558
Feb 2001321027.755.77$8,908
Jan 2001649027.478.40$17,828
Dec 2000324026.889.12$8,709
Nov 2000641032.215.66$20,647
Oct 2000484031.235.15$15,115
Sep 2000647031.875.19$20,620
Aug 2000481029.644.54$14,257
Jul 2000477028.534.09$13,609
Jun 2000484029.304.40$14,181
May 2000638027.263.68$17,392
Apr 2000479024.513.12$11,740
Mar 2000773028.422.86$21,969
Feb 2000482027.622.73$13,313
Jan 2000614025.272.48$15,516
Dec 1999478024.282.42$11,606
Nov 1999486023.192.43$11,270
Oct 1999630020.982.80$13,217
Sep 1999481021.752.62$10,462
Aug 1999602019.262.88$11,595
Jul 1999635017.892.37$11,360
Jun 1999307015.942.36$4,894
May 1999314015.792.32$4,958
Apr 1999449015.102.21$6,780
Mar 1999474012.471.84$5,911
Feb 199931909.981.82$3,184
Jan 1999319010.381.90$3,311
Dec 199847509.201.77$4,370
Nov 1998316010.892.19$3,441
Oct 1998792012.421.97$9,837
Sep 1998630012.592.08$7,932
Aug 1998615011.301.91$6,950
Jul 1998931011.742.24$10,930
Jun 1998313011.242.24$3,518
May 1998469012.622.21$5,919
Apr 1998850013.042.51$11,084
Mar 1998746012.802.31$9,549
Feb 1998901013.952.30$12,569
Jan 1998740014.702.15$10,878
Dec 19971,291016.322.41$21,069
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 1997904017.742.95$16,037
Aug 1997726017.862.55$12,966
Jul 1997630017.582.25$11,075
Jun 1997807017.242.26$13,913
May 1997730018.972.31$13,848
Apr 1997886017.882.08$15,842
Mar 1997548018.951.94$10,385
Feb 1997873020.492.21$17,888
Jan 1997548023.483.54$12,867
Dec 19961,055023.32$24,603
Nov 1996532021.97$11,688
Oct 1996733023.31$17,086
Sep 1996900022.22$19,998
Aug 1996719020.26$14,567
Jul 1996712019.55$13,920
Jun 1996713018.73$13,354
May 1996892019.43$17,332
Apr 1996827021.51$17,789
Mar 19961,077019.38$20,872
Feb 1996513016.98$8,711
Jan 1996893017.07$15,244
Dec 19951,238017.19$21,281
Nov 1995364016.00$5,824
Oct 1995887015.43$13,686
Sep 1995883016.18$14,287
Aug 19951,052015.92$16,748
Jul 1995872015.24$13,289
Jun 1995702016.41$11,520
May 1995713017.56$12,520
Apr 1995885017.73$15,691
Mar 1995694016.44$11,409
Feb 1995869016.58$14,408
Jan 19951,084015.92$17,257
Dec 1994724015.03$10,882
Nov 19941,065015.90$16,934
Oct 1994907015.58$14,131
Sep 1994724115.29$11,070
Aug 19941,236116.13$19,937
Jul 1994732117.56$12,854
Jun 1994880117.09$15,039
May 19941,258115.88$19,977
Apr 1994906114.14$12,811
Mar 19941,059112.46$13,195
Feb 1994520112.50$6,500
Jan 19941,078112.66$13,647
Dec 1993903112.33$11,134
Nov 1993900114.49$13,041
Oct 19931,109115.85$17,578
Sep 1993901115.03$13,542
Aug 19931,256115.66$19,669
Jul 1993715115.46$11,054
Jun 19931,200116.79$20,148
May 1993873117.68$15,435
Apr 19931,231118.05$22,220
Mar 1993721118.14$13,079
Feb 19931,270117.90$22,733
Jan 1993879116.93$14,881

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
Oil                   78 bbl  × $106.41 =     $8,300
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $8,300

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/24946 is the state's own key, not one this site invented.