TXL

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

Oil lease lease 25455District 08Field 21289001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$14.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$29 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 193 leases and 3,124 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
880 ft
minimum
From a lease line
440 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1974-03-03.

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: OPTIONAL 20ACRE UNITS PER #8-64059 6-3-74

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
NGPA3none

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
OilDisposition255,534 bbl$12,521,233
Casinghead gasProduction519,886 Mcf$2,219,143
Total$14,740,376

15,775 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 (7)

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 32.0101, -102.5371. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.01032, -102.53734 · 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
42.9%
3 of 7 wells
With a plug date
42.9%
3 of 7 wells
Median depth
5,310 ft
7 wells filed one
Completion to plug
30.6 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
342.9%
A plug date is filed
342.9%
BothOn the schedule and plugged. Neither fact cancels the other.
342.9%
NeitherNo plug date, and not on the schedule.
457.1%

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 4,317 and 5,400 ft, median 5,310 ft, over the 7 wells that filed a depth.

Completions filed
Jun 1979 – Apr 2026
7 of 7 wells
Plug dates filed
Jun 2009 – Nov 2015
3 of 7 wells; 4 filed none

Last completion to plug: a median of 30.6 years across the 3 wells that filed both dates, with the middle half between 21.1 years and 33.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-1353371085,362 ftApr 2026
42-13536643115,400 ftSep 1998
42-1350609845,311 ftNov 1997Jun 2009Yes
42-13506087154,317 ftMay 1981Dec 2011Yes
42-1353321174,450 ftNov 1979
42-1353321264,452 ftOct 1979
42-1353316715,310 ftJun 1979Nov 2015Yes

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 2026175098.932.87$17,313
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 2025175066.483.13$11,634
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 2024170069.052.20$11,739
Oct 20240071.372.28$0
Sep 2024176069.612.36$12,251
Aug 2024181075.632.06$13,689
Jul 20240079.932.15$0
Jun 2024181078.082.63$14,132
May 20240078.812.20$0
Apr 2024177084.451.66$14,948
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 2023150089.042.74$13,356
Aug 2023184080.522.67$14,816
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023148070.622.23$10,452
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023162075.112.47$12,168
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022172085.005.65$14,620
Oct 20220087.185.86$0
Sep 2022165084.888.16$14,005
Aug 2022157094.529.13$14,840
Jul 202200101.587.54$0
Jun 20221660115.097.98$19,105
May 202200109.378.43$0
Apr 20221580104.226.84$16,467
Mar 202200108.885.08$0
Feb 2022184091.054.86$16,753
Jan 20220081.844.54$0
Dec 2021178071.323.90$12,695
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021162069.865.35$11,317
Aug 20210066.024.22$0
Jul 2021183070.783.98$12,953
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021183060.362.76$11,046
Mar 20210061.302.72$0
Feb 2021182057.805.55$10,520
Jan 20210050.412.81$0
Dec 2020176044.642.68$7,857
Nov 2020174038.772.71$6,746
Oct 2020171036.972.48$6,322
Sep 2020353037.091.99$13,093
Aug 2020183039.982.39$7,316
Jul 2020179038.371.83$6,868
Jun 2020359034.901.69$12,529
May 2020351016.921.81$5,939
Apr 2020358014.751.80$5,281
Mar 2020181030.341.86$5,492
Feb 2020176049.881.98$8,779
Jan 2020351057.252.09$20,095
Dec 2019187059.012.30$11,035
Nov 2019164055.302.75$9,069
Oct 2019286053.472.42$15,292
Sep 2019275055.052.66$15,139
Aug 20190053.112.30$0
Jul 2019272056.272.46$15,305
Jun 20190052.782.49$0
May 2019260058.482.74$15,205
Apr 2019135062.632.75$8,455
Mar 2019283056.803.06$16,074
Feb 2019155050.852.79$7,882
Jan 2019312046.033.23$14,361
Dec 2018293046.594.19$13,651
Nov 2018142052.934.24$7,516
Oct 2018135061.443.40$8,294
Sep 2018134059.543.11$7,978
Aug 2018279059.403.07$16,573
Jul 2018278065.142.93$18,109
Jun 2018281060.183.08$16,911
May 2018445065.382.90$29,094
Apr 2018136063.842.90$8,682
Mar 2018408061.222.79$24,978
Feb 2018138061.782.77$8,526
Jan 2018272062.874.01$17,101
Dec 2017274057.272.92$15,692
Nov 2017137055.423.12$7,593
Oct 2017405049.292.98$19,962
Sep 2017135047.523.09$6,415
Aug 2017265045.373.00$12,023
Jul 2017358043.873.09$15,705
Jun 2017494042.493.09$20,990
May 20170045.373.26$0
Apr 2017534047.933.21$25,595
Mar 201726212046.772.98$12,612
Feb 20172561,31650.452.95$16,801
Jan 20172601,45249.413.42$17,811
Dec 20165311,45748.763.72$31,316
Nov 20162781,41042.492.64$15,541
Oct 20162841,44746.193.09$17,590
Sep 20162901,40841.553.10$16,415
Aug 20164391,45141.442.92$22,435
Jul 20165921,45741.622.92$28,900
Jun 20162981,41045.352.69$17,301
May 20161521,45742.521.99$9,364
Apr 20164291,41036.561.99$18,492
Mar 20163021,43833.011.79$12,549
Feb 20164501,36326.472.06$14,724
Jan 20165931,45727.352.36$19,663
Dec 20156151,45632.362.00$22,815
Nov 20155601,35338.792.17$24,655
Oct 20152791,42243.552.43$15,601
Sep 20157021,39942.992.76$34,038
Aug 20152841,42740.162.87$15,504
Jul 20157031,44148.152.95$38,093
Jun 20154281,40456.152.88$28,080
May 20151471,43755.212.96$12,363
Apr 20151,1841,33449.822.71$62,597
Mar 20158261,20142.892.93$38,952
Feb 201541294644.662.98$21,215
Jan 201513564843.433.10$7,872
Dec 20149441,19354.693.59$55,912
Nov 20147001,10870.464.25$54,033
Oct 2014798078.303.90$62,483
Sep 201452988786.164.05$49,167
Aug 20141,10399289.394.04$102,600
Jul 201495095696.564.18$95,728
Jun 201479887298.164.74$82,462
May 201495987894.734.73$94,996
Apr 201479395595.944.81$80,673
Mar 201466090195.895.06$67,844
Feb 201466989397.406.19$70,690
Jan 20141,05099290.404.86$99,742
Dec 201352378191.824.35$51,423
Nov 201391895088.853.74$85,116
Oct 201395699297.423.78$96,883
Sep 2013962936104.113.72$103,634
Aug 20131,331971104.253.52$142,177
Jul 20136491,482102.523.72$72,045
Jun 20131,3501,41094.403.93$132,986
May 20131,1081,78994.834.15$112,494
Apr 20131,1121,35693.964.28$110,291
Mar 20137911,81693.623.91$81,159
Feb 20137415,17191.233.42$85,286
Jan 20135074,46091.603.42$61,694
Dec 20121,2802,85786.773.42$120,837
Nov 20125061,50486.953.62$49,449
Oct 20121,0091,44489.383.40$95,094
Sep 20125331,44194.672.92$54,665
Aug 20125231,43292.662.91$52,626
Jul 20125451,71085.133.02$51,561
Jun 201263472079.822.52$52,420
May 20124991,17791.612.49$48,642
Apr 20125181,824101.652.00$56,297
Mar 20127982,155105.052.22$88,618
Feb 20128201,717101.102.57$87,315
Jan 20127771,66298.092.73$80,760
Dec 201191110496.873.24$88,586
Nov 201190896095.723.31$90,093
Oct 20111,0772,28184.983.65$99,846
Sep 20118042,71483.623.99$78,048
Aug 20111,0943,53683.404.15$105,912
Jul 20118283,40994.144.52$93,347
Jun 20111,4355,24692.904.64$157,652
May 20111,3057,76198.134.40$162,245
Apr 20118543,687105.964.33$106,467
Mar 20111,10313,77896.364.06$162,187
Feb 201182717,79085.644.18$145,186
Jan 20111,40419,48886.504.59$210,872
Dec 20101,38231,31885.734.35$254,642
Nov 20101,39113,26980.843.80$162,809
Oct 20101,38713478.103.51$108,795
Sep 20101,20013672.633.98$87,697
Aug 20101,34912373.684.42$99,938
Jul 20101,52812472.554.74$111,444
Jun 20101,39713470.364.91$98,951
May 201086221571.124.24$62,216
Apr 20101,35614181.694.12$111,353
Mar 201065836078.394.39$53,161
Feb 201094926373.585.44$71,259
Jan 20101,24625274.365.96$94,156
Dec 20091,29019871.445.48$93,243
Nov 200988522374.593.75$66,849
Oct 200990526872.544.11$66,750
Sep 20091,13552265.543.06$75,988
Aug 20091,25339867.423.22$85,758
Jul 200957332461.133.46$36,150
Jun 200958141266.163.90$40,044
May 200957823954.743.93$32,578
Apr 200959641446.773.59$29,360
Mar 20091,13826442.144.06$49,027
Feb 200971984832.814.63$27,519
Jan 20097211,23335.865.37$32,478
Dec 200894728637.105.98$36,843
Nov 200879543355.496.86$47,085
Oct 200870468675.246.92$57,717
Sep 20081,083736101.767.88$116,004
Aug 20086401,902114.228.48$89,236
Jul 20088971,329131.0811.39$132,715
Jun 20087901,500131.3313.03$123,300
May 20081,1451,976123.1711.57$163,900
Apr 20089851,863110.3110.45$128,133
Mar 20086451,313101.909.66$78,414
Feb 20081,1401,29292.538.77$116,816
Jan 200880232890.388.21$75,176
Dec 200778743288.337.30$72,670
Nov 200797148791.677.29$92,563
Oct 200785045882.856.92$73,593
Sep 20071,10449275.846.24$86,799
Aug 200753550469.066.39$40,167
Jul 200767971570.906.39$52,708
Jun 20071,21464262.007.55$80,114
May 200768761358.747.85$45,164
Apr 20077221,01059.617.81$50,922
Mar 200785795356.927.30$55,739
Feb 200780172855.108.22$50,116
Jan 200781294750.306.73$47,214
Dec 20061,0861,16856.656.92$69,603
Nov 200682976354.207.62$50,744
Oct 20067911,34454.906.01$51,508
Sep 20061,0951,50360.085.04$73,359
Aug 20067721,49168.717.34$63,988
Jul 20061,0351,54169.376.34$81,572
Jun 20067741,53866.286.38$61,119
May 20061,0281,48466.016.42$77,393
Apr 20069551,06864.397.36$69,353
Mar 200668669956.707.08$43,847
Feb 200644222857.597.75$27,222
Jan 20061,0741,44460.598.93$77,973
Dec 20055901,62554.9413.42$54,215
Nov 20058892,04054.6910.59$70,220
Oct 20051,0651,41758.3413.80$81,681
Sep 20057352,03561.4512.08$69,747
Aug 20051,4582,43361.519.80$113,517
Jul 20057382,31455.697.84$59,249
Jun 20059841,92952.337.38$65,731
May 20057631,23345.226.65$42,704
Apr 20058772,54049.207.36$61,844
Mar 200597870950.377.15$54,335
Feb 20056031,03045.226.31$33,769
Jan 20059722,11743.166.32$55,336
Dec 20047212,11539.866.75$43,018
Nov 20049812,17045.286.33$58,157
Oct 20044922,07049.706.52$37,939
Sep 20041,0102,03143.245.28$54,404
Aug 20047791,88242.375.55$43,453
Jul 20041,0332,02238.286.08$51,845
Jun 20047561,85036.106.43$39,193
May 20047601,97337.486.49$41,299
Apr 20041,0102,18634.475.86$47,621
Mar 20041,0181,90434.365.53$45,508
Feb 20041,0331,89432.455.51$43,956
Jan 20047902,15432.036.30$38,873
Dec 20039921,60130.266.30$40,107
Nov 20037521,08828.804.60$26,657
Oct 20037752,26528.174.76$32,612
Sep 20031,0422,63026.314.75$39,906
Aug 20037962,88429.765.13$38,483
Jul 20037982,35429.415.17$35,641
Jun 20039991,83828.565.98$39,528
May 20037411,99226.595.97$31,601
Apr 20039922,08626.675.41$37,736
Mar 20031,0112,68031.146.10$47,820
Feb 20037802,39833.487.93$45,121
Jan 20037922,48930.315.58$37,899
Dec 20021,2462,71726.914.85$46,718
Nov 20027682,52824.664.14$29,397
Oct 20021,0412,75326.464.23$39,188
Sep 20021,0502,59527.443.64$38,245
Aug 20027772,38925.963.16$27,730
Jul 20021,0222,91924.583.06$34,058
Jun 20021,0082,41323.733.34$31,975
May 20021,0352,97724.663.58$36,193
Apr 20021,0082,52023.653.51$32,690
Mar 20029833,00422.003.10$30,947
Feb 20029991,60118.222.38$22,005
Jan 20021,0042,99017.172.38$24,342
Dec 20011,2043,28416.932.36$28,148
Nov 20019551,90018.072.41$21,827
Oct 20019852,28719.782.53$25,267
Sep 20019603,39824.262.25$30,940
Aug 20011,1783,06824.873.05$38,664
Jul 20019813,93123.933.20$36,043
Jun 20019482,40524.563.82$32,480
May 20011,1954,04025.524.31$47,898
Apr 20019592,55124.685.34$37,279
Mar 20011,1173,09824.545.38$44,067
Feb 20017662,03627.755.77$32,998
Jan 20019912,80927.478.40$50,815
Dec 20008883,43926.889.12$55,242
Nov 20001,1093,35032.215.66$54,675
Oct 20001,1113,70931.235.15$53,781
Sep 20008703,86531.875.19$47,773
Aug 20001,0983,83229.644.54$49,945
Jul 20001,1193,72028.534.09$47,139
Jun 20009143,58329.304.40$42,536
May 20001,1333,19327.263.68$42,635
Apr 20001,1303,69324.513.12$39,204
Mar 20008964,20628.422.86$37,492
Feb 20001,1214,20027.622.73$42,413
Jan 20001,2374,90625.272.48$43,428
Dec 19999233,21924.282.42$30,212
Nov 19991,3543,63523.192.43$40,247
Oct 19999014,71220.982.80$32,114
Sep 19991,1111,98321.752.62$29,357
Aug 19991,1952,35219.262.88$29,779
Jul 19991,2192,38417.892.37$27,464
Jun 19991,2482,40915.942.36$25,583
May 19991,2582,42215.792.32$25,485
Apr 19991,0182,24315.102.21$20,324
Mar 19991,4652,69412.471.84$23,221
Feb 19991,2022,7989.981.82$17,082
Jan 19991,2573,30110.381.90$19,319
Dec 19981,2113,1799.201.77$16,779
Nov 19981,4803,98510.892.19$24,827
Oct 19981,3974,29912.421.97$25,816
Sep 19981,02068412.592.08$14,266
Aug 19981,16479111.301.91$14,662
Jul 19987711,49611.742.24$12,399
Jun 19981,1661,49111.242.24$16,442
May 19989631,65312.622.21$15,800
Apr 19989731,81513.042.51$17,235
Mar 19981,1691,95112.802.31$19,469
Feb 19989901,96513.952.30$18,328
Jan 19981,2081,98414.702.15$22,033
Dec 19971,01686116.322.41$18,657
Nov 19971,35545718.193.09$26,059
Oct 19971,27549119.253.15$26,090
Sep 19971,03847317.742.95$19,812
Aug 19971,27848117.862.55$24,054
Jul 19971,25529717.582.25$22,730
Jun 19971,25928617.242.26$22,351
May 19971,27423818.972.31$24,717
Apr 19971,26522317.882.08$23,083
Mar 199794522318.951.94$18,340
Feb 19971,09117420.492.21$22,738
Jan 199765220823.483.54$16,045
Dec 199665919823.32$15,368
Nov 199667019321.97$14,720
Oct 199666318123.31$15,455
Sep 199665223522.22$14,487
Aug 199661025820.26$12,359
Jul 199656926619.55$11,124
Jun 199636524818.73$6,836
May 199655329119.43$10,745
Apr 199637128721.51$7,980
Mar 199654227219.38$10,504
Feb 199652927816.98$8,982
Jan 199636630517.07$6,248
Dec 199554039117.19$9,283
Nov 199554542116.00$8,720
Oct 199554759615.43$8,440
Sep 199536262316.18$5,857
Aug 199556259315.92$8,947
Jul 199540451115.24$6,157
Jun 199560945816.41$9,994
May 199551340717.56$9,008
Apr 199527917417.73$4,947
Mar 199542312316.44$6,954
Feb 199542312016.58$7,013
Jan 199542514715.92$6,766
Dec 199455814615.03$8,387
Nov 199442014815.90$6,678
Oct 199441719015.58$6,497
Sep 199455818115.29$8,532
Aug 199442217916.13$6,807
Jul 199458320417.56$10,237
Jun 199443524417.09$7,434
May 199472824115.88$11,561
Apr 199429430014.14$4,157
Mar 199472132812.46$8,984
Feb 199443734312.50$5,463
Jan 199443837312.66$5,545
Dec 199340734412.33$5,018
Nov 199350324014.49$7,288
Oct 199319726515.85$3,122
Sep 199312426015.03$1,864
Aug 199325935515.66$4,056
Jul 199331239015.46$4,824
Jun 199325634716.79$4,298
May 199313333617.68$2,351
Apr 199326531018.05$4,783
Mar 199326876318.14$4,862
Feb 199319977717.90$3,562
Jan 199326793516.93$4,520

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.

Apr 2026 — as filed, then multipliedworked
Oil                  175 bbl  × $ 98.93 =    $17,313
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,313

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/25455 is the state's own key, not one this site invented.