HOWE "B"

Operated by SAXET OIL CORPORATION (P-5 749370) in the KERMIT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3180District 08Field 49038001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$63 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 177 leases and 1,256 wells, and the rule below applies to all of them.

Discovered
1928-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 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 1937-02-20.

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.

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
OilDisposition44,121 bbl$2,238,067
Casinghead gasProduction8,203 Mcf$43,610
Total$2,281,677

36 Mcf of this lease's gas, across 36 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 (8)

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 31.9072, -103.1401. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.90720, -103.14010 · 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
62.5%
5 of 8 wells
With a plug date
62.5%
5 of 8 wells
Median depth
2,991 ft
5 wells filed one
Completion to plug
69.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
562.5%
A plug date is filed
562.5%
BothOn the schedule and plugged. Neither fact cancels the other.
562.5%
NeitherNo plug date, and not on the schedule.
337.5%

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, 5 of 8 wells. Median 2,991 ft, with the middle half between 2,978 and 2,993 ft; the shallowest is 2,968 ft and the deepest 3,256 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, 1 of 8 wells, Sep 1935. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1935
1 of 8 wells; 7 filed none
Plug dates filed
Mar 1975 – Nov 2020
5 of 8 wells; 3 filed none

Last completion to plug: a median of 69.8 years across the 1 well that filed both dates, with the middle half between 69.8 years and 69.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-4950420213,256 ftNov 2020Yes
42-4950420622,968 ftFeb 1994Yes
42-4950421862,991 ftMar 1975Yes
42-495042238W2,978 ftNov 2006Yes
42-495803113
42-495803124
42-495803137
42-495042155W2,993 ftSep 1935Jun 2005Yes

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 2026650106.413.05$6,917
Apr 202673098.932.87$7,222
Mar 202675089.753.15$6,731
Feb 202682063.503.75$5,207
Jan 202655059.138.00$3,252
Dec 202580056.664.41$4,533
Nov 202581058.593.93$4,746
Oct 202572059.383.30$4,275
Sep 202583062.743.08$5,207
Aug 202572063.933.01$4,603
Jul 202552066.743.32$3,470
Jun 2025100066.483.13$6,648
May 202546060.553.23$2,785
Apr 202565062.363.54$4,053
Mar 202574067.704.27$5,010
Feb 202564070.884.34$4,536
Jan 202584074.324.28$6,243
Dec 202474068.993.12$5,105
Nov 202482069.052.20$5,662
Oct 2024942471.372.28$6,764
Sep 202446069.612.36$3,202
Aug 202471075.632.06$5,370
Jul 202461079.932.15$4,876
Jun 202473078.082.63$5,700
May 202486078.812.20$6,778
Apr 202469084.451.66$5,827
Mar 202486080.301.55$6,906
Feb 202477076.091.78$5,859
Jan 2024673173.023.30$4,995
Dec 2023766171.262.61$5,575
Nov 202385077.892.81$6,621
Oct 2023733285.443.09$6,336
Sep 20238811889.042.74$8,158
Aug 20237911580.522.67$6,668
Jul 202390374.852.64$6,744
Jun 2023735168.962.26$5,149
May 20238211670.622.23$6,049
Apr 20239213078.122.24$7,478
Mar 202311113272.852.39$8,402
Feb 2023519075.112.47$4,053
Jan 2023949176.533.39$7,502
Dec 202295076.415.73$7,259
Nov 2022571485.005.65$4,924
Oct 20221014387.185.86$9,057
Sep 202284084.888.16$7,130
Aug 202290094.529.13$8,507
Jul 2022620101.587.54$6,298
Jun 2022550115.097.98$6,330
May 2022660109.378.43$7,218
Apr 2022690104.226.84$7,191
Mar 2022750108.885.08$8,166
Feb 202260091.054.86$5,463
Jan 202275081.844.54$6,138
Dec 2021290071.323.90$20,683
Nov 2021410077.435.24$31,746
Oct 2021420079.795.71$33,512
Sep 2021290069.865.35$20,259
Aug 2021324066.024.22$21,390
Jul 2021357070.783.98$25,268
Jun 2021314069.493.38$21,820
May 2021419063.483.02$26,598
Apr 2021208060.362.76$12,555
Mar 2021289061.302.72$17,716
Feb 2021220057.805.55$12,716
Jan 2021259050.412.81$13,056
Dec 2020209044.642.68$9,330
Nov 2020257038.772.71$9,964
Oct 2020298036.972.48$11,017
Sep 2020250037.091.99$9,273
Aug 2020283039.982.39$11,314
Jul 2020104038.371.83$3,990
Jun 2020109034.901.69$3,804
May 20200016.921.81$0
Apr 2020130014.751.80$1,918
Mar 2020214030.341.86$6,493
Feb 2020128049.881.98$6,385
Jan 2020130057.252.09$7,443
Dec 2019175059.012.30$10,327
Nov 2019175055.302.75$9,678
Oct 2019211053.472.42$11,282
Sep 2019209055.052.66$11,505
Aug 2019168053.112.30$8,922
Jul 2019174056.272.46$9,791
Jun 2019172052.782.49$9,078
May 2019214058.482.74$12,515
Apr 2019220062.632.75$13,779
Mar 2019172056.803.06$9,770
Feb 2019174050.852.79$8,848
Jan 2019166046.033.23$7,641
Dec 2018214046.594.19$9,970
Nov 2018128052.934.24$6,775
Oct 2018170061.443.40$10,445
Sep 2018216059.543.11$12,861
Aug 2018171059.403.07$10,157
Jul 2018171065.142.93$11,139
Jun 2018167060.183.08$10,050
May 2018220065.382.90$14,384
Apr 2018172063.842.90$10,980
Mar 2018219061.222.79$13,407
Feb 2018221061.782.77$13,653
Jan 2018176062.874.01$11,065
Dec 2017220057.272.92$12,599
Nov 2017215055.423.12$11,915
Oct 2017262049.292.98$12,914
Sep 2017175047.523.09$8,316
Aug 2017174045.373.00$7,894
Jul 2017215043.873.09$9,432
Jun 2017176042.493.09$7,478
May 2017215045.373.26$9,755
Apr 2017213047.933.21$10,209
Mar 2017171046.772.98$7,998
Feb 2017215050.452.95$10,847
Jan 2017267049.413.42$13,192
Dec 2016224048.763.72$10,922
Nov 2016227042.492.64$9,645
Oct 2016220046.193.09$10,162
Sep 2016170041.553.10$7,064
Aug 2016215041.442.92$8,910
Jul 2016170041.622.92$7,075
Jun 201686845.352.69$3,922
May 2016133042.521.99$5,655
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 201593042.992.76$3,998
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015101056.152.88$5,671
May 20150055.212.96$0
Apr 20157049.822.71$349
Mar 20150042.892.93$0
Feb 201597044.662.98$4,332
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201496078.303.90$7,517
Sep 20140086.164.05$0
Aug 201497089.394.04$8,671
Jul 20140096.564.18$0
Jun 201498098.164.74$9,620
May 201498094.734.73$9,284
Apr 20140095.944.81$0
Mar 201476095.895.06$7,288
Feb 201477097.406.19$7,500
Jan 201478090.404.86$7,051
Dec 201370091.824.35$6,427
Nov 201379088.853.74$7,019
Oct 201378097.423.78$7,599
Sep 2013760104.113.72$7,912
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201378594.403.93$7,383
May 20130494.834.15$17
Apr 20131573793.964.28$14,910
Mar 2013721293.623.91$6,788
Feb 201377591.233.42$7,042
Jan 201301991.603.42$65
Dec 20120086.773.42$0
Nov 201287186.953.62$7,568
Oct 201286089.383.40$7,687
Sep 201283194.672.92$7,861
Aug 201279692.662.91$7,338
Jul 2012854585.133.02$7,372
Jun 2012862979.822.52$6,938
May 2012701691.612.49$6,453
Apr 20128559101.652.00$8,758
Mar 20128642105.052.22$9,128
Feb 2012023101.102.57$59
Jan 201286698.092.73$8,452
Dec 201173296.873.24$7,078
Nov 2011152095.723.31$14,549
Oct 2011164084.983.65$13,937
Sep 2011153083.623.99$12,794
Aug 20110083.404.15$0
Jul 2011175094.144.52$16,475
Jun 2011891692.904.64$8,342
May 2011961798.134.40$9,495
Apr 20118615105.964.33$9,178
Mar 2011851496.364.06$8,247
Feb 201190785.644.18$7,737
Jan 20110586.504.59$23
Dec 2010931585.734.35$8,038
Nov 2010942180.843.80$7,679
Oct 20101851778.103.51$14,508
Sep 2010931372.633.98$6,806
Aug 2010891173.684.42$6,606
Jul 201097872.554.74$7,075
Jun 201090070.364.91$6,332
May 201001771.124.24$72
Apr 2010904581.694.12$7,538
Mar 2010942078.394.39$7,456
Feb 2010961773.585.44$7,156
Jan 201093474.365.96$6,939
Dec 2009891071.445.48$6,413
Nov 2009951674.593.75$7,146
Oct 2009891572.544.11$6,518
Sep 2009861765.543.06$5,689
Aug 200981267.423.22$5,467
Jul 2009635461.133.46$4,038
Jun 200901266.163.90$47
May 200967454.743.93$3,683
Apr 2009881346.773.59$4,162
Mar 2009941842.144.06$4,034
Feb 2009952732.814.63$3,242
Jan 2009993135.865.37$3,717
Dec 2008913337.105.98$3,573
Nov 2008993155.496.86$5,706
Oct 2008953275.246.92$7,369
Sep 20088915101.767.88$9,175
Aug 20089632114.228.48$11,237
Jul 20089831131.0811.39$13,199
Jun 20089831131.3313.03$13,274
May 20089933123.1711.57$12,576
Apr 20089834110.3110.45$11,166
Mar 20089930101.909.66$10,378
Feb 20081002492.538.77$9,463
Jan 2008973590.388.21$9,054
Dec 20071993488.337.30$17,826
Nov 2007993991.677.29$9,360
Oct 2007952282.856.92$8,023
Sep 20071093775.846.24$8,498
Aug 20072033669.066.39$14,249
Jul 2007964270.906.39$7,075
Jun 200704062.007.55$302
May 20071863558.747.85$11,200
Apr 2007983559.617.81$6,115
Mar 2007944756.927.30$5,694
Feb 2007943655.108.22$5,475
Jan 20071844450.306.73$9,551
Dec 2006964256.656.92$5,729
Nov 200603454.207.62$259
Oct 200603854.906.01$229
Sep 20061854160.085.04$11,321
Aug 2006924268.717.34$6,630
Jul 2006904469.376.34$6,522
Jun 20061825266.286.38$12,395
May 2006846066.016.42$5,930
Apr 2006916564.397.36$6,338
Mar 20061777256.707.08$10,546
Feb 2006954857.597.75$5,843
Jan 2006927060.598.93$6,200
Dec 2005869154.9413.42$5,946
Nov 20058611454.6910.59$5,910
Oct 20059112558.3413.80$7,033
Sep 200518913161.4512.08$13,196
Aug 20059414761.519.80$7,222
Jul 200516913255.697.84$10,447
Jun 2005887852.337.38$5,181
May 200506845.226.65$452
Apr 2005888649.207.36$4,963
Mar 2005946750.377.15$5,214
Feb 2005916345.226.31$4,513
Jan 2005964443.166.32$4,422
Dec 2004903439.866.75$3,817
Nov 2004954045.286.33$4,555
Oct 2004934149.706.52$4,889
Sep 200413543.245.28$228
Aug 2004944342.375.55$4,221
Jul 20041884638.286.08$7,477
Jun 200405136.106.43$328
May 20041654937.486.49$6,502
Apr 2004814634.475.86$3,062
Mar 2004827934.365.53$3,254
Feb 2004968232.455.51$3,567
Jan 2004904332.036.30$3,154
Dec 2003844330.266.30$2,813
Nov 2003746828.804.60$2,444
Oct 2003838628.174.76$2,747
Sep 2003857726.314.75$2,602
Aug 2003878729.765.13$3,035
Jul 2003828729.415.17$2,861
Jun 2003849428.565.98$2,961
May 20037612126.595.97$2,744
Apr 20038312926.675.41$2,911
Mar 200316410331.146.10$5,735
Feb 20039010733.487.93$3,861
Jan 20038910730.315.58$3,295
Dec 20029211626.914.85$3,039
Nov 2002013524.664.14$558
Oct 20029016126.464.23$3,062
Sep 20021742627.443.64$4,869
Aug 2002011925.963.16$377
Jul 20021799224.583.06$4,682
Jun 2002876523.733.34$2,282
May 20021746624.663.58$4,527
Apr 2002876323.653.51$2,279
Mar 2002893622.003.10$2,070
Feb 20028419818.222.38$2,001
Jan 200217721717.172.38$3,555
Dec 20018213116.932.36$1,698
Nov 200118115818.072.41$3,651
Oct 20018320419.782.53$2,158
Sep 200117526124.262.25$4,833
Aug 200188024.873.05$2,189
Jul 200184023.933.20$2,010
Jun 200185024.563.82$2,088
May 200185025.524.31$2,169
Apr 2001165024.685.34$4,072
Mar 20010024.545.38$0
Feb 2001188027.755.77$5,217
Jan 2001262027.478.40$7,197
Dec 200083026.889.12$2,231
Nov 200086032.215.66$2,770
Oct 200075031.235.15$2,342
Sep 2000285031.875.19$9,083
Aug 200092029.644.54$2,727
Jul 200090028.534.09$2,568
Jun 2000124029.304.40$3,633
May 2000176027.263.68$4,798
Apr 2000177024.513.12$4,338
Mar 200085028.422.86$2,416
Feb 2000239027.622.73$6,601
Jan 200082025.272.48$2,072
Dec 199983024.282.42$2,015
Nov 1999324023.192.43$7,514
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998173012.592.08$2,178
Aug 1998121011.301.91$1,367
Jul 19980011.742.24$0
Jun 1998154011.242.24$1,731
May 1998168012.622.21$2,120
Apr 1998346013.042.51$4,512
Mar 19980012.802.31$0
Feb 1998163013.952.30$2,274
Jan 1998345014.702.15$5,072
Dec 19970016.322.41$0
Nov 1997171018.193.09$3,110
Oct 1997160019.253.15$3,080
Sep 1997166017.742.95$2,945
Aug 1997168017.862.55$3,000
Jul 1997170117.582.25$2,991
Jun 1997174117.242.26$3,002
May 1997174118.972.31$3,303
Apr 1997180117.882.08$3,220
Mar 1997176118.951.94$3,337
Feb 1997150120.492.21$3,076
Jan 1997179123.483.54$4,206
Dec 1996178123.32$4,151
Nov 199642121.97$923
Oct 1996180123.31$4,196
Sep 1996178122.22$3,955
Aug 1996177120.26$3,586
Jul 1996163119.55$3,187
Jun 1996179118.73$3,353
May 1996250119.43$4,858
Apr 1996166121.51$3,571
Mar 1996155119.38$3,004
Feb 1996144116.98$2,445
Jan 1996172117.07$2,936
Dec 199597117.19$1,667
Nov 1995165116.00$2,640
Oct 1995329115.43$5,076
Sep 199524016.18$388
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 1995170017.73$3,014
Mar 19950016.44$0
Feb 19950016.58$0
Jan 1995169015.92$2,690
Dec 19940015.03$0
Nov 1994165015.90$2,624
Oct 19940015.58$0
Sep 1994167115.29$2,553
Aug 19940116.13$0
Jul 1994165117.56$2,897
Jun 19940117.09$0
May 1994162115.88$2,573
Apr 19940114.14$0
Mar 1994162112.46$2,019
Feb 19940112.50$0
Jan 1994165112.66$2,089
Dec 19930112.33$0
Nov 1993167114.49$2,420
Oct 1993165115.85$2,615
Sep 19930115.03$0
Aug 1993165115.66$2,584
Jul 19930115.46$0
Jun 1993175116.79$2,938
May 1993161117.68$2,846
Apr 19930118.05$0
Mar 19930118.14$0
Feb 1993183117.90$3,276
Jan 19930116.93$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.

May 2026 — as filed, then multipliedworked
Oil                   65 bbl  × $106.41 =     $6,917
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $6,917

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/3180 is the state's own key, not one this site invented.