ARCTIC

Operated by ATLANTIC OPERATING II, LLC (P-5 36543) in the GRICE (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38481District 08Field 36924500OilCasinghead gasSaveExport
Value, all time
$39.4 M
Jun 2007 – May 2026
Value, last 12 filed months
$904 k
at the published price for each month
Months reported
228
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 66 leases and 192 wells, and the rule below applies to all of them.

Discovered
1956-10-23
as the register files it
Field class
Oil and gas
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 40 acres.

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
OilDisposition480,170 bbl$35,976,062
Casinghead gasProduction824,103 Mcf$3,424,784
Total$39,400,846

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 31.8867, -103.5913. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.88662, -103.59192 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
4,687 ft
8 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.
8100.0%

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

Total depth in feet, 8 of 8 wells. Median 4,687 ft, with the middle half between 4,665 and 4,749 ft; the shallowest is 4,661 ft and the deepest 4,774 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, 8 of 8 wells, Jun 2007 – Oct 2008. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 2007 – Oct 2008
8 of 8 wells

8 wells

42-3013146584,669 ftOct 2008
42-3013141074,661 ftSep 2008
42-3013140964,665 ftAug 2008
42-3013140654,665 ftMay 2008
42-3013139234,704 ftMar 2008
42-3013139544,749 ftNov 2007
42-3013138724,774 ftOct 2007
42-3013134414,750 ftJun 2007

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 (228)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

228 months

May 20261,057484106.413.05$113,950
Apr 202688438498.932.87$88,556
Mar 20261,05143189.753.15$95,685
Feb 20261,06635563.503.75$69,022
Jan 202688440059.138.00$55,470
Dec 20251,08846456.664.41$63,694
Nov 20251,20461958.593.93$72,973
Oct 20251,07056159.383.30$65,391
Sep 20251,04560062.743.08$67,409
Aug 20251,04655663.933.01$68,547
Jul 20251,03262766.743.32$70,954
Jun 20251,05671266.483.13$72,431
May 20251,20985660.553.23$75,972
Apr 20251,07077662.363.54$69,475
Mar 20251,06172167.704.27$74,907
Feb 20251,07870270.884.34$79,456
Jan 20251,27193874.324.28$98,474
Dec 20241,24893368.993.12$89,012
Nov 20241,24694469.052.20$88,112
Oct 20241,3901,03171.372.28$101,556
Sep 20241,2231,06069.612.36$87,639
Aug 20241,2111,10475.632.06$93,866
Jul 20241,2011,39679.932.15$98,993
Jun 20241,1911,05878.082.63$95,780
May 20241,2021,22878.812.20$97,429
Apr 20241,3901,19984.451.66$119,375
Mar 20241,25493380.301.55$102,138
Feb 20241,0511,03176.091.78$81,810
Jan 20241,2501,14173.023.30$95,038
Dec 20231,0611,23871.262.61$78,839
Nov 20231,2711,23577.892.81$102,466
Oct 20231,2731,29785.443.09$112,769
Sep 20231,0671,27489.042.74$98,490
Aug 20231,1001,35480.522.67$92,191
Jul 20231,0711,54074.852.64$84,233
Jun 20231,2361,57968.962.26$88,801
May 20231,2751,89970.622.23$94,270
Apr 20231,0841,71578.122.24$88,520
Mar 20231,2531,81072.852.39$95,613
Feb 20231,0951,39275.112.47$85,678
Jan 20231,0861,60876.533.39$88,559
Dec 20221,100076.415.73$84,051
Nov 20221,2511,60185.005.65$115,375
Oct 20221,2631,71387.185.86$120,153
Sep 20221,2691,50684.888.16$120,007
Aug 20221,2501,60094.529.13$132,753
Jul 20221,2311,647101.587.54$137,467
Jun 20221,0751,649115.097.98$136,876
May 20221,4191,797109.378.43$170,350
Apr 20221,2371,662104.226.84$140,284
Mar 20221,2331,645108.885.08$142,600
Feb 20221,0781,40691.054.86$104,983
Jan 20221,2151,59881.844.54$106,687
Dec 20211,2661,46571.323.90$96,003
Nov 20211,2551,54277.435.24$105,250
Oct 20211,2491,56479.795.71$108,594
Sep 20211,2571,69969.865.35$96,905
Aug 20211,4431,66266.024.22$102,281
Jul 20211,1811,83970.783.98$90,914
Jun 20211,4161,62969.493.38$103,905
May 20211,2411,80163.483.02$84,214
Apr 20211,4171,74660.362.76$90,346
Mar 20211,2821,78261.302.72$83,428
Feb 20211,4351,59257.805.55$91,775
Jan 20211,2511,82950.412.81$68,203
Dec 20201,4581,95844.642.68$70,324
Nov 20201,6171,99638.772.71$68,093
Oct 20201,4402,06136.972.48$58,345
Sep 20201,4182,00437.091.99$56,584
Aug 20201,4182,10439.982.39$61,710
Jul 20201,2452,16638.371.83$51,724
Jun 20201,6112,00934.901.69$59,620
May 20207152,23216.921.81$16,148
Apr 20201,3252,30814.751.80$23,708
Mar 20201,2912,23830.341.86$43,323
Feb 20209431,74349.881.98$50,489
Jan 20201,0921,80957.252.09$66,306
Dec 20191,3872,29959.012.30$87,145
Nov 20199662,65255.302.75$60,715
Oct 20191,3212,81753.472.42$77,447
Sep 20191,0962,80455.052.66$67,786
Aug 20191,1252,89153.112.30$66,411
Jul 20191,0932,93456.272.46$68,721
Jun 20191,1102,87452.782.49$65,746
May 20199302,62458.482.74$61,577
Apr 20199412,48862.632.75$65,779
Mar 20191,3322,39956.803.06$83,004
Feb 20191,1432,38550.852.79$64,781
Jan 20190046.033.23$0
Dec 20181,2662,78146.594.19$70,623
Nov 20185221,84252.934.24$35,434
Oct 201892533161.443.40$57,957
Sep 201876579059.543.11$48,003
Aug 20181,32576059.403.07$81,036
Jul 20187791,39665.142.93$54,837
Jun 20181,2342,20760.183.08$81,053
May 20188952,40065.382.90$65,477
Apr 20181,6242,28763.842.90$110,310
Mar 20188991,75861.222.79$59,936
Feb 20187361,78261.782.77$50,399
Jan 20181,4951,23362.874.01$98,934
Dec 20175701,91157.272.92$38,227
Nov 20177461,57455.423.12$46,252
Oct 20171,3372,54749.292.98$73,500
Sep 20171,3172,53947.523.09$70,422
Aug 20178603,14245.373.00$48,458
Jul 20171,2191,65543.873.09$58,587
Jun 20178493,31942.493.09$46,321
May 20171,5152,70445.373.26$77,560
Apr 20171,0232,52147.933.21$57,129
Mar 20171,4142,54446.772.98$73,723
Feb 20171,2641,30150.452.95$67,610
Jan 20171,8305649.413.42$90,612
Dec 20161,4491,50948.763.72$76,271
Nov 20161,0692,43442.492.64$51,858
Oct 20161,7361,66246.193.09$85,322
Sep 20161,5521,12841.553.10$67,983
Aug 20161,3752,75241.442.92$65,028
Jul 20161,7142,76941.622.92$79,434
Jun 20161,5342,76745.352.69$76,999
May 20161,8872,66342.521.99$85,537
Apr 20161,7131,72836.561.99$66,068
Mar 20161,531033.011.79$50,538
Feb 20161,54391526.472.06$42,731
Jan 20161,2122,31227.352.36$38,615
Dec 20151,4322,76232.362.00$51,867
Nov 20151,2552,66938.792.17$54,466
Oct 20151,2562,27043.552.43$60,207
Sep 20151,2742,81142.992.76$62,523
Aug 20151,0811,58140.162.87$47,954
Jul 20151,25647948.152.95$61,887
Jun 20151,2292,85056.152.88$77,225
May 20152,0304,53155.212.96$125,467
Apr 20151,4924,49849.822.71$86,506
Mar 20151,2964,07742.892.93$67,550
Feb 20157403,49444.662.98$43,447
Jan 20151,4833,14843.433.10$74,167
Dec 20141,3193,52654.693.59$84,799
Nov 20149434,02870.464.25$83,570
Oct 20141,6664,47378.303.90$147,897
Sep 20141,2814,65386.164.05$129,194
Aug 20141,7304,77089.394.04$173,892
Jul 20141,8124,79096.564.18$194,987
Jun 20141,9844,67298.164.74$216,880
May 20141,6324,89694.734.73$177,741
Apr 20141,9781,50695.944.81$197,012
Mar 20142,0362,45295.895.06$207,631
Feb 20141,4792,84697.406.19$161,677
Jan 20142,2432,55790.404.86$215,196
Dec 20131,4765,57791.824.35$159,811
Nov 20131,8543,41188.853.74$177,479
Oct 20132,4165,37197.423.78$255,666
Sep 20131,6504,284104.113.72$187,708
Aug 20132,0533,594104.253.52$226,686
Jul 20132,3865,289102.523.72$264,276
Jun 20132,4186,33594.403.93$253,177
May 20132,6025,43494.834.15$269,294
Apr 20132,2383,87093.964.28$226,856
Mar 20132,6043,70793.623.91$258,291
Feb 20132,2215,09591.233.42$220,046
Jan 20132,3983,58291.603.42$231,907
Dec 20122,7874,39786.773.42$256,866
Nov 20122,5764,14886.953.62$239,020
Oct 20122,5834,96789.383.40$247,755
Sep 20122,3726,10994.672.92$242,386
Aug 20123,2526,03292.662.91$318,872
Jul 20122,9186,89485.133.02$269,235
Jun 20123,2365,57479.822.52$272,339
May 20123,2856,11291.612.49$316,147
Apr 20122,5715,613101.652.00$272,550
Mar 20122,3566,684105.052.22$262,350
Feb 20122,2195,319101.102.57$238,012
Jan 20122,3895,16198.092.73$248,448
Dec 20112,3736,20796.873.24$249,982
Nov 20112,5306,91395.723.31$265,062
Oct 20112,7777,86084.983.65$264,667
Sep 20112,7355,54083.623.99$250,782
Aug 20113,2559,14283.404.15$309,400
Jul 20113,4539,00094.144.52$365,721
Jun 20112,7178,92292.904.64$293,806
May 20113,8439,98098.134.40$421,074
Apr 20113,06110,358105.964.33$369,228
Mar 20113,96810,24496.364.06$423,920
Feb 20113,3187,63985.644.18$316,084
Jan 20114,2459,68086.504.59$411,612
Dec 20103,7148,80585.734.35$356,683
Nov 20103,9879,13080.843.80$356,960
Oct 20104,4469,06578.103.51$379,041
Sep 20103,2399,16272.633.98$271,708
Aug 20103,5949,89973.684.42$308,553
Jul 20104,12510,52172.554.74$349,101
Jun 20104,46611,52470.364.91$370,815
May 20104,48610,61471.124.24$363,997
Apr 20104,17810,33181.694.12$383,892
Mar 20104,83710,58278.394.39$425,613
Feb 20104,5109,20973.585.44$381,964
Jan 20103,7329,67574.365.96$335,214
Dec 20094,51610,84171.445.48$382,072
Nov 20094,29411,77574.593.75$364,463
Oct 20094,79911,84372.544.11$396,797
Sep 20094,31410,52365.543.06$314,990
Aug 20094,61611,42267.423.22$347,972
Jul 20095,46612,22361.133.46$376,483
Jun 20094,24010,00166.163.90$319,472
May 20095,00310,66754.743.93$315,740
Apr 20095,9389,77146.773.59$312,774
Mar 20095,8719,90642.144.06$287,612
Feb 20096,1409,73332.814.63$246,546
Jan 20095,2258,05235.865.37$230,616
Dec 20085,7217,00737.105.98$254,131
Nov 20085,3367,45355.496.86$347,225
Oct 20085,6437,67175.246.92$477,678
Sep 20084,7435,729101.767.88$527,776
Aug 20085,7017,181114.228.48$712,085
Jul 20085,3004,530131.0811.39$746,318
Jun 20086,3334,261131.3313.03$887,245
May 20085,1414,780123.1711.57$688,542
Apr 20084,9693,346110.3110.45$583,112
Mar 20083,9293,968101.909.66$438,712
Feb 20083,5313,09192.538.77$353,833
Jan 20085,8533,98490.388.21$561,686
Dec 20073,8963,26988.337.30$368,004
Nov 20072,84684591.677.29$267,054
Oct 20074,12277082.856.92$346,838
Sep 20074,4622,25075.846.24$352,447
Aug 20073,9202,32569.066.39$285,567
Jul 20075,1041,01370.906.39$368,345
Jun 2007866062.007.55$53,692

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                1,057 bbl  × $106.41 =   $112,475
Casinghead gas       484 Mcf  × $  3.05 =     $1,474

────────────────────────────────────────────────────
Month total                                 $113,950

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/38481 is the state's own key, not one this site invented.