LASELL STATE

Operated by PRIEST PETROLEUM CORPORATION (P-5 677560) in the MATTHEWS (CANYON CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38555District 08Field 58327200OilCasinghead gasSaveExport
Value, all time
$1.6 M
Oct 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
224
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 38 leases and 66 wells, and the rule below applies to all of them.

Discovered
2007-09-11
as the register files it
Field class
Oil
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 20 acres. The field rule took effect on 2007-09-11.

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
OilDisposition16,375 bbl$1,346,585
Casinghead gasProduction55,669 Mcf$258,186
Total$1,604,771

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 31.8643, -103.9181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86434, -103.91810 · 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
6,233 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 6,233 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-3893236726,233 ftNov 2005

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 (224)

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

224 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 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
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 202052030.341.86$1,578
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 201970053.112.30$3,718
Jul 20190056.272.46$0
Jun 201961052.782.49$3,220
May 201967058.482.74$3,918
Apr 20196214962.632.75$4,293
Mar 20196733356.803.06$4,825
Feb 20193117150.852.79$2,054
Jan 20191185946.033.23$5,622
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201825059.543.11$1,489
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 201844060.183.08$2,648
May 20180065.382.90$0
Apr 201823063.842.90$1,468
Mar 20180061.222.79$0
Feb 201825061.782.77$1,545
Jan 201826062.874.01$1,635
Dec 20170057.272.92$0
Nov 201724055.423.12$1,330
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 201723045.373.00$1,044
Jul 20170043.873.09$0
Jun 201715042.493.09$637
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201723046.772.98$1,076
Feb 20170050.452.95$0
Jan 201724049.413.42$1,186
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 201623041.553.10$956
Aug 20160041.442.92$0
Jul 201623041.622.92$957
Jun 20160045.352.69$0
May 201623042.521.99$978
Apr 20160036.561.99$0
Mar 201623033.011.79$759
Feb 20160026.472.06$0
Jan 201623027.352.36$629
Dec 2015244632.362.00$869
Nov 2015041138.792.17$891
Oct 20154850943.552.43$3,326
Sep 20157556142.992.76$4,772
Aug 20154957640.162.87$3,622
Jul 20157752548.152.95$5,254
Jun 20157427656.152.88$4,951
May 20154961555.212.96$4,523
Apr 201512664949.822.71$8,034
Mar 20157761042.892.93$5,093
Feb 201510659644.662.98$6,508
Jan 20158183743.433.10$6,113
Dec 201412179454.693.59$9,469
Nov 20149463170.464.25$9,306
Oct 201412073978.303.90$12,279
Sep 20146974886.164.05$8,971
Aug 201413983589.394.04$15,795
Jul 20148684796.564.18$11,844
Jun 20149686098.164.74$13,497
May 201413781294.734.73$16,816
Apr 201416351895.944.81$18,129
Mar 201411768695.895.06$14,688
Feb 201415047997.406.19$17,576
Jan 201412852890.404.86$14,138
Dec 201311357291.824.35$12,866
Nov 201315655288.853.74$15,924
Oct 201316066597.423.78$18,100
Sep 2013101571104.113.72$12,638
Aug 2013193655104.253.52$22,428
Jul 201370643102.523.72$9,567
Jun 201317959494.403.93$19,234
May 201322569994.834.15$24,237
Apr 201310611993.964.28$10,469
Mar 20138430793.623.91$9,065
Feb 201311833691.233.42$11,914
Jan 201321840691.603.42$21,357
Dec 201210339686.773.42$10,292
Nov 20129539886.953.62$9,703
Oct 201216739689.383.40$16,273
Sep 201212939694.672.92$13,368
Aug 20125621592.662.91$5,814
Jul 201214023385.133.02$12,622
Jun 201213033979.822.52$11,231
May 201214732291.612.49$14,268
Apr 2012239407101.652.00$25,107
Mar 2012137454105.052.22$15,401
Feb 2012194449101.102.57$20,767
Jan 201216343398.092.73$17,173
Dec 201111439896.873.24$12,333
Nov 201116654895.723.31$17,704
Oct 201111648184.983.65$11,613
Sep 201117159383.623.99$16,663
Aug 201111355083.404.15$11,706
Jul 201114564194.144.52$16,546
Jun 201112656392.904.64$14,318
May 201123246098.134.40$24,792
Apr 2011226421105.964.33$25,771
Mar 201127144796.364.06$27,927
Feb 2011021985.644.18$915
Jan 2011200086.504.59$17,300
Dec 2010200085.734.35$17,146
Nov 2010187080.843.80$15,117
Oct 201018362478.103.51$16,482
Sep 201017985672.633.98$16,407
Aug 201019093573.684.42$18,131
Jul 201018997972.554.74$18,349
Jun 20101341,03370.364.91$14,501
May 20101731,09771.124.24$16,950
Apr 201014861581.694.12$14,626
Mar 201014978578.394.39$15,125
Feb 201015977173.585.44$15,895
Jan 201024182674.365.96$22,847
Dec 200922878571.445.48$20,593
Nov 200917680674.593.75$16,152
Oct 200924096172.544.11$21,360
Sep 200920978565.543.06$16,104
Aug 200917851667.423.22$13,662
Jul 200918065361.133.46$13,266
Jun 200918372366.163.90$14,923
May 200918272654.743.93$12,813
Apr 200929064446.773.59$15,874
Mar 200919063142.144.06$10,568
Feb 200911448532.814.63$5,987
Jan 200921167035.865.37$11,165
Dec 200824138037.105.98$11,212
Nov 200821042555.496.86$14,569
Oct 200825977575.246.92$24,852
Sep 2008226616101.767.88$27,850
Aug 2008266696114.228.48$36,287
Jul 2008272700131.0811.39$43,626
Jun 2008273685131.3313.03$44,780
May 2008267742123.1711.57$41,475
Apr 2008317779110.3110.45$43,113
Mar 2008296768101.909.66$37,584
Feb 200844561592.538.77$46,570
Jan 200838630490.388.21$37,381
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$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.

Mar 2020 — as filed, then multipliedworked
Oil                   52 bbl  × $ 30.34 =     $1,578
Casinghead gas         0 Mcf  × $  1.86 =         $0

────────────────────────────────────────────────────
Month total                                   $1,578

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/38555 is the state's own key, not one this site invented.