ARGO-VEST

Operated by RAW PRODUCTION (P-5 694866) 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 3263District 08Field 49038001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$16.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$1.5 M
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
OilDisposition254,052 bbl$16,395,215
Casinghead gasProduction53 Mcf$14
Total$16,395,230

47 Mcf of this lease's gas, across 47 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 (5)

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 31.8412, -103.0784. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.83993, -103.07923 · 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
20.0%
1 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
3,809 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
120.0%
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.
480.0%

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

Between 3,297 and 4,320 ft, median 3,809 ft, over the 2 wells that filed a depth.

Completions filed
Dec 1971
1 of 5 wells; 4 filed none

5 wells

42-4950033724,320 ft
42-495058875
42-495058893
42-495061581
42-4950588843,297 ftDec 1971Yes

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 20261,1140106.413.05$118,541
Apr 2026912098.932.87$90,224
Mar 20261,450089.753.15$130,138
Feb 20262,239063.503.75$142,177
Jan 20262,777059.138.00$164,204
Dec 20251,881056.664.41$106,577
Nov 20252,235058.593.93$130,949
Oct 20252,340059.383.30$138,949
Sep 20251,451062.743.08$91,036
Aug 20252,345063.933.01$149,916
Jul 20252,183066.743.32$145,693
Jun 2025904066.483.13$60,098
May 20252,823060.553.23$170,933
Apr 2025732062.363.54$45,648
Mar 20251,851067.704.27$125,313
Feb 20252,572070.884.34$182,303
Jan 20251,664074.324.28$123,668
Dec 20242,016068.993.12$139,084
Nov 20241,864069.052.20$128,709
Oct 20241,464071.372.28$104,486
Sep 20241,843069.612.36$128,291
Aug 20242,193075.632.06$165,857
Jul 20242,026079.932.15$161,938
Jun 20241,822078.082.63$142,262
May 20241,823078.812.20$143,671
Apr 20242,022084.451.66$170,758
Mar 20242,585080.301.55$207,576
Feb 20242,795076.091.78$212,672
Jan 20241,458073.023.30$106,463
Dec 20232,077071.262.61$148,007
Nov 20231,862077.892.81$145,031
Oct 20231,869085.443.09$159,687
Sep 20231,851089.042.74$164,813
Aug 20231,467080.522.67$118,123
Jul 20231,844074.852.64$138,023
Jun 20231,687068.962.26$116,336
May 20231,115070.622.23$78,741
Apr 20231,829078.122.24$142,881
Mar 20232,833072.852.39$206,384
Feb 20232,617075.112.47$196,563
Jan 20232,927076.533.39$224,003
Dec 20222,383076.415.73$182,085
Nov 20222,604085.005.65$221,340
Oct 20222,425087.185.86$211,412
Sep 20222,229084.888.16$189,198
Aug 20221,470094.529.13$138,944
Jul 20221,9940101.587.54$202,551
Jun 20222,3650115.097.98$272,188
May 20223,6630109.378.43$400,622
Apr 20223,8220104.226.84$398,329
Mar 20222,9640108.885.08$322,720
Feb 20222,477091.054.86$225,531
Jan 20223,228081.844.54$264,180
Dec 20213,373071.323.90$240,562
Nov 20213,679077.435.24$284,865
Oct 20214,402079.795.71$351,236
Sep 20213,319069.865.35$231,865
Aug 20213,992066.024.22$263,552
Jul 20213,101070.783.98$219,489
Jun 20213,862069.493.38$268,370
May 20213,354063.483.02$212,912
Apr 20211,825060.362.76$110,157
Mar 20214,223061.302.72$258,870
Feb 20211,985057.805.55$114,733
Jan 20212,955050.412.81$148,962
Dec 20203,529044.642.68$157,535
Nov 20202,432038.772.71$94,289
Oct 20203,412036.972.48$126,142
Sep 20203,742037.091.99$138,791
Aug 20202,400039.982.39$95,952
Jul 20202,960038.371.83$113,575
Jun 20203,295034.901.69$114,996
May 20202,103016.921.81$35,583
Apr 20203,683014.751.80$54,324
Mar 20203,400030.341.86$103,156
Feb 20204,338049.881.98$216,379
Jan 20203,398057.252.09$194,536
Dec 20192,464059.012.30$145,401
Nov 20192,436055.302.75$134,711
Oct 20192,991053.472.42$159,929
Sep 20193,835055.052.66$211,117
Aug 20192,363053.112.30$125,499
Jul 20192,016056.272.46$113,440
Jun 20192,364052.782.49$124,772
May 20193,424058.482.74$200,236
Apr 20193,661062.632.75$229,288
Mar 20193,891056.803.06$221,009
Feb 20192,601050.852.79$132,261
Jan 20191,675046.033.23$77,100
Dec 20181,120046.594.19$52,181
Nov 2018928052.934.24$49,119
Oct 2018364061.443.40$22,364
Sep 2018179059.543.11$10,658
Aug 2018713059.403.07$42,352
Jul 2018360065.142.93$23,450
Jun 20180060.183.08$0
May 2018190065.382.90$12,422
Apr 20180063.842.90$0
Mar 2018372061.222.79$22,774
Feb 2018186061.782.77$11,491
Jan 2018756062.874.01$47,530
Dec 2017545057.272.92$31,212
Nov 2017568055.423.12$31,479
Oct 2017739049.292.98$36,425
Sep 2017368047.523.09$17,487
Aug 2017179045.373.00$8,121
Jul 2017358043.873.09$15,705
Jun 2017176042.493.09$7,478
May 20170045.373.26$0
Apr 2017189047.933.21$9,059
Mar 2017184046.772.98$8,606
Feb 2017348050.452.95$17,557
Jan 2017366049.413.42$18,084
Dec 20160048.763.72$0
Nov 2016181042.492.64$7,691
Oct 2016182046.193.09$8,407
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016165041.622.92$6,867
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016180036.561.99$6,581
Mar 20160033.011.79$0
Feb 2016177026.472.06$4,685
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015182038.792.17$7,060
Oct 2015188043.552.43$8,187
Sep 20150042.992.76$0
Aug 2015151040.162.87$6,064
Jul 2015173048.152.95$8,330
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015167049.822.71$8,320
Mar 2015169042.892.93$7,248
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014158054.693.59$8,641
Nov 20140070.464.25$0
Oct 2014178078.303.90$13,937
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014175096.564.18$16,898
Jun 20140098.164.74$0
May 2014173094.734.73$16,388
Apr 20140095.944.81$0
Mar 2014183095.895.06$17,548
Feb 2014151097.406.19$14,707
Jan 2014179090.404.86$16,182
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013163097.423.78$15,879
Sep 20131780104.113.72$18,532
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013354094.403.93$33,418
May 20130094.834.15$0
Apr 2013179093.964.28$16,819
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013141091.603.42$12,916
Dec 20120086.773.42$0
Nov 2012163086.953.62$14,173
Oct 20120089.383.40$0
Sep 2012179094.672.92$16,946
Aug 2012177092.662.91$16,401
Jul 2012176085.133.02$14,983
Jun 2012166079.822.52$13,250
May 2012177091.612.49$16,215
Apr 20121740101.652.00$17,687
Mar 201200105.052.22$0
Feb 20121870101.102.57$18,906
Jan 2012139098.092.73$13,635
Dec 2011176096.873.24$17,049
Nov 2011176095.723.31$16,847
Oct 2011130084.983.65$11,047
Sep 2011135083.623.99$11,289
Aug 20110083.404.15$0
Jul 2011177094.144.52$16,663
Jun 2011147092.904.64$13,656
May 2011169098.134.40$16,584
Apr 201100105.964.33$0
Mar 2011174096.364.06$16,767
Feb 20110085.644.18$0
Jan 2011178086.504.59$15,397
Dec 2010182085.734.35$15,603
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010181073.684.42$13,336
Jul 20100072.554.74$0
Jun 2010172070.364.91$12,102
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010168073.585.44$12,361
Jan 20100074.365.96$0
Dec 2009178071.445.48$12,716
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009152065.543.06$9,962
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 2009162054.743.93$8,868
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009173032.814.63$5,676
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008162055.496.86$8,989
Oct 20080075.246.92$0
Sep 20081490101.767.88$15,162
Aug 200800114.228.48$0
Jul 20081730131.0811.39$22,677
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081340110.3110.45$14,782
Mar 200800101.909.66$0
Feb 2008173092.538.77$16,008
Jan 20080090.388.21$0
Dec 2007166088.337.30$14,663
Nov 20070091.677.29$0
Oct 2007152082.856.92$12,593
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007123070.906.39$8,721
Jun 20070062.007.55$0
May 2007174058.747.85$10,221
Apr 20070059.617.81$0
Mar 2007147056.927.30$8,367
Feb 2007175055.108.22$9,643
Jan 20070050.306.73$0
Dec 2006169056.656.92$9,574
Nov 20060054.207.62$0
Oct 2006172054.906.01$9,443
Sep 20060060.085.04$0
Aug 2006126068.717.34$8,657
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006173066.016.42$11,420
Apr 20060064.397.36$0
Mar 2006169056.707.08$9,582
Feb 20060057.597.75$0
Jan 2006177060.598.93$10,724
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005150061.519.80$9,227
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005176049.207.36$8,659
Mar 20050050.377.15$0
Feb 20053045.226.31$136
Jan 2005179043.166.32$7,726
Dec 20043039.866.75$120
Nov 20041045.286.33$45
Oct 2004180049.706.52$8,946
Sep 20040043.245.28$0
Aug 20041042.375.55$42
Jul 2004186038.286.08$7,120
Jun 20041036.106.43$36
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004177034.365.53$6,082
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003182028.804.60$5,242
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003178029.765.13$5,297
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003176026.675.41$4,694
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 2003177030.315.58$5,365
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002170027.443.64$4,665
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 2002173023.733.34$4,105
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 2002179022.003.10$3,938
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001173019.782.53$3,422
Sep 20010024.262.25$0
Aug 2001177024.873.05$4,402
Jul 20010023.933.20$0
Jun 2001171024.563.82$4,200
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001185024.545.38$4,540
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000174032.215.66$5,605
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000159029.644.54$4,713
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000180027.263.68$4,907
Apr 20001024.513.12$25
Mar 2000144028.422.86$4,092
Feb 20000027.622.73$0
Jan 2000182025.272.48$4,599
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 1999120020.982.80$2,518
Sep 19990021.752.62$0
Aug 1999169019.262.88$3,255
Jul 1999180017.892.37$3,220
Jun 19990015.942.36$0
May 1999161015.792.32$2,542
Apr 1999187015.102.21$2,824
Mar 19993012.471.84$37
Feb 1999309.981.82$30
Jan 1999186010.381.90$1,931
Dec 1998409.201.77$37
Nov 1998182010.892.19$1,982
Oct 19983012.421.97$37
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 1998174011.742.24$2,043
Jun 19982011.242.24$22
May 1998182012.622.21$2,297
Apr 19980013.042.51$0
Mar 19984012.802.31$51
Feb 1998178013.952.30$2,483
Jan 19985014.702.15$74
Dec 199715016.322.41$245
Nov 1997176018.193.09$3,201
Oct 19978019.253.15$154
Sep 19970017.742.95$0
Aug 1997198017.862.55$3,536
Jul 19973017.582.25$53
Jun 19973117.242.26$54
May 1997183118.972.31$3,474
Apr 19975117.882.08$91
Mar 1997179118.951.94$3,394
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 19960123.32$0
Nov 1996180121.97$3,955
Oct 19960123.31$0
Sep 1996184122.22$4,088
Aug 19960120.26$0
Jul 1996176119.55$3,441
Jun 19960118.73$0
May 1996177119.43$3,439
Apr 19960121.51$0
Mar 1996174119.38$3,372
Feb 19960116.98$0
Jan 1996182117.07$3,107
Dec 1995182117.19$3,129
Nov 19950116.00$0
Oct 1995181115.43$2,793
Sep 19950116.18$0
Aug 1995203115.92$3,232
Jul 1995202115.24$3,078
Jun 19950116.41$0
May 1995169117.56$2,968
Apr 19950117.73$0
Mar 1995210116.44$3,452
Feb 1995205116.58$3,399
Jan 19950115.92$0
Dec 1994208115.03$3,126
Nov 1994211115.90$3,355
Oct 19940115.58$0
Sep 19940115.29$0
Aug 19940016.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 19940115.88$0
Apr 1994183114.14$2,588
Mar 19940112.46$0
Feb 19940112.50$0
Jan 19940112.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 1993210115.85$3,329
Sep 19930115.03$0
Aug 19930115.66$0
Jul 1993177115.46$2,736
Jun 19930116.79$0
May 1993218117.68$3,854
Apr 19930118.05$0
Mar 19930118.14$0
Feb 1993203117.90$3,634
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                1,114 bbl  × $106.41 =   $118,541
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                 $118,541

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/3263 is the state's own key, not one this site invented.