HOWE, J.F. "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 3248District 08Field 49038001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$649 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 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
OilDisposition9,709 bbl$477,000
Casinghead gasProduction30,479 Mcf$172,147
Total$649,147

758 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 31.8969, -103.1364. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.89691, -103.13641 · 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
3,300 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 3,300 ft.

Completions filed
Jul 2022
1 of 1 wells

1 well

42-4953087293,300 ftJul 2022

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 20228094.529.13$756
Jul 202200101.587.54$0
Jun 2022370115.097.98$4,258
May 2022440109.378.43$4,812
Apr 2022460104.226.84$4,794
Mar 2022500108.885.08$5,444
Feb 202240091.054.86$3,642
Jan 202250081.844.54$4,092
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 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
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 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140954.693.59$32
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201440086.164.05$3,446
Aug 20140089.394.04$0
Jul 201442096.564.18$4,056
Jun 201402098.164.74$95
May 201401294.734.73$57
Apr 2014391695.944.81$3,819
Mar 201402595.895.06$126
Feb 2014401597.406.19$3,989
Jan 201402590.404.86$122
Dec 2013434491.824.35$4,140
Nov 2013414388.853.74$3,804
Oct 201302097.423.78$76
Sep 201304104.113.72$15
Aug 2013400104.253.52$4,170
Jul 201301102.523.72$4
Jun 20130594.403.93$20
May 201342494.834.15$3,999
Apr 201303793.964.28$158
Mar 201301293.623.91$47
Feb 20130591.233.42$17
Jan 2013401991.603.42$3,729
Dec 20120086.773.42$0
Nov 20120186.953.62$4
Oct 201243089.383.40$3,843
Sep 201261194.672.92$5,778
Aug 20120692.662.91$17
Jul 201204585.133.02$136
Jun 201202979.822.52$73
May 201201591.612.49$37
Apr 2012059101.652.00$118
Mar 2012042105.052.22$93
Feb 2012023101.102.57$59
Jan 20120698.092.73$16
Dec 20110296.873.24$6
Nov 20110095.723.31$0
Oct 2011164084.983.65$13,937
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201007271.124.24$305
Apr 20100081.694.12$0
Mar 201008578.394.39$373
Feb 201007473.585.44$403
Jan 201001974.365.96$113
Dec 200904571.445.48$247
Nov 20091676974.593.75$12,715
Oct 200906372.544.11$259
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200905266.163.90$203
May 200901554.743.93$59
Apr 200905746.773.59$204
Mar 200907742.144.06$313
Feb 200916811632.814.63$6,050
Jan 2009013535.865.37$725
Dec 2008014237.105.98$849
Nov 2008013455.496.86$919
Oct 2008014075.246.92$969
Sep 200814166101.767.88$14,868
Aug 20080138114.228.48$1,171
Jul 20080133131.0811.39$1,515
Jun 2008165133131.3313.03$23,403
May 20080145123.1711.57$1,678
Apr 20080145110.3110.45$1,516
Mar 20080132101.909.66$1,276
Feb 200816110592.538.77$15,818
Jan 2008015190.388.21$1,239
Dec 200716714788.337.30$15,825
Nov 2007017091.677.29$1,240
Oct 200719382.856.92$727
Sep 2007016075.846.24$999
Aug 200716315669.066.39$12,253
Jul 2007118370.906.39$1,240
Jun 2007017262.007.55$1,298
May 2007016758.747.85$1,310
Apr 2007015459.617.81$1,202
Mar 2007020456.927.30$1,490
Feb 200716115755.108.22$10,161
Jan 2007019350.306.73$1,298
Dec 200615318156.656.92$9,920
Nov 2006014654.207.62$1,112
Oct 200613916454.906.01$8,617
Sep 2006017860.085.04$897
Aug 200616018368.717.34$12,337
Jul 200615919269.376.34$12,248
Jun 2006022366.286.38$1,424
May 200615825966.016.42$12,094
Apr 2006027464.397.36$2,017
Mar 200616030256.707.08$11,211
Feb 2006020157.597.75$1,558
Jan 200615429660.598.93$11,975
Dec 2005038654.9413.42$5,178
Nov 200515648254.6910.59$13,635
Oct 200516152558.3413.80$16,636
Sep 200515455361.4512.08$16,143
Aug 200516262261.519.80$16,058
Jul 200516755555.697.84$13,653
Jun 200514533052.337.38$10,024
May 2005028845.226.65$1,916
Apr 200514236249.207.36$9,651
Mar 200516828250.377.15$10,480
Feb 200516726645.226.31$9,231
Jan 2005018443.166.32$1,163
Dec 200415514439.866.75$7,150
Nov 200417216745.286.33$8,845
Oct 2004017549.706.52$1,140
Sep 200416514643.245.28$7,906
Aug 200415618142.375.55$7,614
Jul 2004019438.286.08$1,180
Jun 200415221436.106.43$6,864
May 200413920537.486.49$6,541
Apr 200413219634.475.86$5,698
Mar 200415133534.365.53$7,041
Feb 200415334432.455.51$6,860
Jan 200414726232.036.30$6,359
Dec 200312126130.266.30$5,306
Nov 200315222628.804.60$5,416
Oct 200314628828.174.76$5,484
Sep 200315125726.314.75$5,193
Aug 200314229029.765.13$5,714
Jul 200314628929.415.17$5,788
Jun 200314631428.565.98$6,048
May 200331640426.595.97$10,815
Apr 200331043026.675.41$10,593
Mar 2003034531.146.10$2,103
Feb 200312835533.487.93$7,099
Jan 20031235630.315.58$2,351
Dec 20021338826.914.85$2,233
Nov 20021345124.664.14$2,186
Oct 20022353826.464.23$2,884
Sep 200208827.443.64$320
Aug 20021239725.963.16$1,568
Jul 200216430524.583.06$4,965
Jun 2002021823.733.34$728
May 20021321924.663.58$1,105
Apr 200231121123.653.51$8,096
Mar 2002012122.003.10$375
Feb 2002066018.222.38$1,568
Jan 20021272217.172.38$1,921
Dec 20011243816.932.36$1,239
Nov 20011252618.072.41$1,482
Oct 20011267919.782.53$1,954
Sep 20011287024.262.25$2,250
Aug 20011253724.873.05$1,938
Jul 2001039023.933.20$1,247
Jun 200112024.563.82$295
May 2001031225.524.31$1,344
Apr 20011133324.685.34$2,048
Mar 20012335324.545.38$2,462
Feb 200104727.755.77$271
Jan 200107327.478.40$613
Dec 2000124726.889.12$751
Nov 2000107032.215.66$718
Oct 2000116331.235.15$668
Sep 200005631.875.19$290
Aug 200005829.644.54$263
Jul 2000129828.534.09$743
Jun 2000169529.304.40$887
May 20001210927.263.68$728
Apr 20001210724.513.12$628
Mar 20003110228.422.86$1,173
Feb 20001211227.622.73$637
Jan 2000123925.272.48$400
Dec 199911024.282.42$267
Nov 1999131423.192.43$336
Oct 19990020.982.80$0
Sep 19990921.752.62$24
Aug 19990619.262.88$17
Jul 19990617.892.37$14
Jun 19990615.942.36$14
May 199961615.792.32$132
Apr 199901315.102.21$29
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 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 199802712.622.21$60
Apr 199801013.042.51$25
Mar 19980812.802.31$18
Feb 199866013.952.30$222
Jan 1998116014.702.15$291
Dec 199702416.322.41$58
Nov 199702218.193.09$68
Oct 199783419.253.15$261
Sep 1997129017.742.95$479
Aug 1997115917.862.55$347
Jul 19970017.582.25$0
Jun 199709117.242.26$205
May 199705018.972.31$115
Apr 1997711917.882.08$373
Mar 1997813518.951.94$413
Feb 1997814520.492.21$484
Jan 19971312923.483.54$762
Dec 1996124423.32$280
Nov 199607321.97$0
Oct 1996127523.31$280
Sep 199602322.22$0
Aug 19960920.26$0
Jul 199601019.55$0
Jun 199671418.73$131
May 1996112419.43$214
Apr 199691521.51$194
Mar 1996121119.38$233
Feb 1996101716.98$170
Jan 1996101917.07$171
Dec 1995121017.19$206
Nov 199561116.00$96
Oct 1995221715.43$339
Sep 199513516.18$210
Aug 19950915.92$0
Jul 199517715.24$259
Jun 1995121216.41$197
May 1995221517.56$386
Apr 1995111517.73$195
Mar 1995231816.44$378
Feb 1995201416.58$332
Jan 199523115.92$366
Dec 1994251615.03$376
Nov 1994252815.90$398
Oct 1994253115.58$390
Sep 1994253015.29$382
Aug 1994132316.13$210
Jul 1994211917.56$369
Jun 1994222117.09$376
May 1994232215.88$365
Apr 1994232414.14$325
Mar 1994242112.46$299
Feb 1994252012.50$313
Jan 1994102312.66$127
Dec 199330112.33$370
Nov 199311114.49$159
Oct 199322115.85$349
Sep 199323115.03$346
Aug 199323115.66$360
Jul 199312115.46$186
Jun 199321116.79$353
May 199323117.68$407
Apr 199323118.05$415
Mar 199336118.14$653
Feb 199312117.90$215
Jan 199325116.93$423

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.

Aug 2022 — as filed, then multipliedworked
Oil                    8 bbl  × $ 94.52 =       $756
Casinghead gas         0 Mcf  × $  9.13 =         $0

────────────────────────────────────────────────────
Month total                                     $756

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/3248 is the state's own key, not one this site invented.