PECOS VALLEY "34"

Operated by PETROLERO, LLC (P-5 660287) in the CAMPO PETROLERO (CONNELL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38662District 08Field 15173500OilCasinghead gasSaveExport
Value, all time
$32.4 M
Oct 2007 – May 2026
Value, last 12 filed months
$446 k
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 2 leases and 4 wells, and the rule below applies to all of them.

Discovered
2008-02-12
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-10-20.

The Commission's schedule remark for this field reads: REMAIN IN EFFECT UNTIL 5/20/2010.

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
OilDisposition304,536 bbl$23,727,163
Casinghead gasProduction2,127,914 Mcf$8,678,149
Total$32,405,312

Wells on this lease (3)

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 31.2064, -102.7443. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.20708, -102.74463 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
6,768 ft
3 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.
3100.0%

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 6,761 and 6,900 ft, median 6,768 ft, over the 3 wells that filed a depth.

Completions filed
Dec 2006 – Feb 2008
3 of 3 wells

3 wells

42-3713813736,761 ftFeb 2008
42-3713798526,900 ftOct 2007
42-3713775116,768 ftDec 2006

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 20263482,694106.413.05$45,236
Apr 20263572,45898.932.87$42,372
Mar 20263513,36589.753.15$42,100
Feb 20261721,84363.503.75$17,834
Jan 20263523,37559.138.00$47,807
Dec 20253624,76056.664.41$41,519
Nov 20253414,58258.593.93$37,970
Oct 20253524,43459.383.30$35,555
Sep 20253343,35362.743.08$31,272
Aug 20253444,32463.933.01$35,028
Jul 20253494,32566.743.32$37,631
Jun 20253472,80966.483.13$31,857
May 20253471,97660.553.23$27,398
Apr 20251673,38862.363.54$22,418
Mar 20255201,96267.704.27$43,578
Feb 20253491,56570.884.34$31,531
Jan 20255371,76674.324.28$47,466
Dec 20243432,04268.993.12$30,037
Nov 20243383,82969.052.20$31,757
Oct 20243464,47471.372.28$34,901
Sep 20243502,50569.612.36$30,286
Aug 20243443,31175.632.06$32,849
Jul 202435387179.932.15$30,085
Jun 202449387078.082.63$40,785
May 20243364,54678.812.20$36,474
Apr 20245134,14484.451.66$50,199
Mar 20245273,43280.301.55$47,621
Feb 20245274,28076.091.78$47,733
Jan 20245244,52573.023.30$53,184
Dec 20233534,38971.262.61$36,613
Nov 20235835,79077.892.81$61,666
Oct 20235252,57985.443.09$52,818
Sep 20231692,16289.042.74$20,961
Aug 20233502,31280.522.67$34,362
Jul 20233452,12474.852.64$31,434
Jun 20235192,66768.962.26$41,814
May 20235065,75370.622.23$48,548
Apr 20233385,27278.122.24$38,202
Mar 20233426,26672.852.39$39,910
Feb 20233414,87075.112.47$37,620
Jan 20231833,74676.533.39$26,695
Dec 20223513,75676.415.73$48,338
Nov 20223424,73085.005.65$55,777
Oct 20223453,11087.185.86$48,313
Sep 202203,28484.888.16$26,810
Aug 20221763,37794.529.13$47,458
Jul 20221753,507101.587.54$44,227
Jun 20223351,635115.097.98$51,598
May 20225165,596109.378.43$103,626
Apr 20223433,694104.226.84$61,006
Mar 20221754,103108.885.08$39,882
Feb 20223463,79991.054.86$49,962
Jan 20223423,08481.844.54$41,983
Dec 20213514,79671.323.90$43,734
Nov 20213503,56077.435.24$45,744
Oct 20213423,94279.795.71$49,812
Sep 20211753,58169.865.35$31,387
Aug 20216945,05766.024.22$67,161
Jul 20211661,17170.783.98$16,413
Jun 202102,60869.493.38$8,817
May 20211731,83063.483.02$16,504
Apr 20213373,60260.362.76$30,277
Mar 20213503,47361.302.72$30,891
Feb 202101,72657.805.55$9,576
Jan 20213474,34550.412.81$29,703
Dec 20207064,43844.642.68$43,390
Nov 20203484,04038.772.71$24,427
Oct 20203445,22736.972.48$25,672
Sep 20203452,75737.091.99$18,285
Aug 202004,06639.982.39$9,698
Jul 20203434,44738.371.83$21,277
Jun 20201652,24134.901.69$9,546
May 20200016.921.81$0
Apr 20203504,07614.751.80$12,517
Mar 20206965,61030.341.86$31,530
Feb 20203405,35749.881.98$27,570
Jan 20203413,16557.252.09$26,152
Dec 20193604,88259.012.30$32,493
Nov 20193194,86255.302.75$31,015
Oct 20196864,69853.472.42$48,043
Sep 20193382,69055.052.66$25,755
Aug 20193405,48953.112.30$30,706
Jul 20193492,17056.272.46$24,977
Jun 20193515,20952.782.49$31,502
May 20193543,51058.482.74$30,320
Apr 20196914,89462.632.75$56,739
Mar 20193394,90256.803.06$34,266
Feb 20193321,54850.852.79$21,205
Jan 20196674,50646.033.23$45,248
Dec 20187056,94646.594.19$61,918
Nov 201802,72652.934.24$11,551
Oct 20186414,94261.443.40$56,176
Sep 20183274,41359.543.11$33,185
Aug 20186385,59859.403.07$55,064
Jul 20183185,65065.142.93$37,280
Jun 20183165,36460.183.08$35,521
May 20184855,73865.382.90$48,354
Apr 20184925,07763.842.90$46,137
Mar 20183255,55561.222.79$35,377
Feb 20184874,83061.782.77$43,447
Jan 20185205,09362.874.01$53,112
Dec 20176685,13757.272.92$53,264
Nov 201705,26655.423.12$16,421
Oct 20176605,77449.292.98$49,759
Sep 20176645,57147.523.09$48,753
Aug 20173084,65345.373.00$27,953
Jul 20173505,57143.873.09$32,554
Jun 20174934,03742.493.09$33,411
May 20173556,56145.373.26$37,518
Apr 20178336,55247.933.21$60,968
Mar 20173476,94446.772.98$36,948
Feb 20176916,36850.452.95$53,663
Jan 20176587,13449.413.42$56,902
Dec 20161655,60948.763.72$28,927
Nov 20167016,62442.492.64$47,302
Oct 20168407,30446.193.09$61,371
Sep 20165186,51141.553.10$41,711
Aug 20163337,15941.442.92$34,735
Jul 20168247,58341.622.92$56,470
Jun 20166798,05145.352.69$52,416
May 20166448,51042.521.99$44,327
Apr 20163605,09236.561.99$23,300
Mar 20168638,33933.011.79$43,448
Feb 20163338,27026.472.06$25,881
Jan 20161,0028,70527.352.36$47,986
Dec 20156899,60732.362.00$41,524
Nov 20159619,98938.792.17$58,927
Oct 20153457,54143.552.43$33,324
Sep 20158329,11742.992.76$60,916
Aug 20151,00010,77140.162.87$71,100
Jul 201534411,33848.152.95$49,955
Jun 20151,3839,93456.152.88$106,294
May 20155029,40055.212.96$55,497
Apr 20158529,85349.822.71$69,114
Mar 20158729,94442.892.93$66,583
Feb 201583210,79444.662.98$69,282
Jan 20158739,16143.433.10$66,319
Dec 201470110,78754.693.59$77,078
Nov 20141,02811,78470.464.25$122,537
Oct 201490110,50378.303.90$111,520
Sep 20141,04711,36486.164.05$136,182
Aug 20141,13411,59689.394.04$148,160
Jul 20141,22511,29596.564.18$165,495
Jun 201468111,57598.164.74$121,676
May 201470311,97494.734.73$123,191
Apr 20146856,90995.944.81$98,945
Mar 20141,34014,43595.895.06$201,488
Feb 201473412,27097.406.19$147,467
Jan 20141,45213,92190.404.86$198,927
Dec 20131,45314,42091.824.35$196,206
Nov 20131,06913,16488.853.74$144,191
Oct 20131,41615,47897.423.78$196,444
Sep 201371311,727104.113.72$117,828
Aug 20131,38814,364104.253.52$195,298
Jul 20131,35614,891102.523.72$194,378
Jun 201369812,37894.403.93$114,579
May 20131,91713,87994.834.15$239,374
Apr 20131,38315,27693.964.28$195,368
Mar 20131,12013,96893.623.91$159,509
Feb 20131,29413,55291.233.42$164,398
Jan 20131,84916,48891.603.42$225,756
Dec 20121,59216,58586.773.42$194,861
Nov 20121,43816,63786.953.62$185,343
Oct 20121,39713,72389.383.40$171,518
Sep 20121,61016,07094.672.92$199,317
Aug 20121,95116,58492.662.91$229,009
Jul 20121,91818,92785.133.02$220,454
Jun 20121,23416,79579.822.52$140,805
May 20121,81515,02291.612.49$203,652
Apr 20122,02615,954101.652.00$237,800
Mar 20121,74517,273105.052.22$221,694
Feb 20121,76917,170101.102.57$222,977
Jan 20122,13314,63198.092.73$249,228
Dec 20112,12618,78296.873.24$266,794
Nov 20112,28319,49695.723.31$283,085
Oct 20111,19914,33284.983.65$154,182
Sep 20112,20820,42383.623.99$266,035
Aug 20112,23819,40383.404.15$267,158
Jul 20112,37521,74694.144.52$321,814
Jun 20112,23121,28192.904.64$306,001
May 20111,92614,19898.134.40$251,538
Apr 20111,05412,612105.964.33$166,333
Mar 20112,92523,88696.364.06$378,767
Feb 20112,10921,17385.644.18$269,117
Jan 20112,64825,13686.504.59$344,396
Dec 20102,42826,26585.734.35$322,346
Nov 20103,13226,68380.843.80$354,462
Oct 20102,43426,05478.103.51$281,516
Sep 20102,93123,67572.633.98$307,092
Aug 20102,73926,69473.684.42$319,780
Jul 20103,28127,00972.554.74$365,964
Jun 20102,75226,95970.364.91$326,010
May 20103,23923,79971.124.24$331,152
Apr 20103,52526,82981.694.12$398,565
Mar 20103,45528,08078.394.39$394,071
Feb 20103,55024,95573.585.44$397,023
Jan 20103,61525,82474.365.96$422,828
Dec 20093,97026,82971.445.48$430,740
Nov 20094,08927,06874.593.75$406,544
Oct 20094,35727,52372.544.11$429,183
Sep 20094,79623,83065.543.06$387,363
Aug 20094,31022,33267.423.22$362,456
Jul 20095,22723,44461.133.46$400,748
Jun 20095,40822,57766.163.90$445,731
May 20096,02924,00354.743.93$424,257
Apr 20096,40822,34146.773.59$379,851
Mar 20093,05710,53142.144.06$171,567
Feb 20095,32517,20832.814.63$254,438
Jan 20095,47220,14835.865.37$304,441
Dec 20085,72220,22037.105.98$333,144
Nov 20086,21719,44755.496.86$478,395
Oct 20086,86117,47675.246.92$637,190
Sep 20085,40212,414101.767.88$647,494
Aug 20086,97315,851114.228.48$930,920
Jul 20087,44514,564131.0811.39$1,141,766
Jun 20086,27612,333131.3313.03$984,959
May 20084,8038,280123.1711.57$687,421
Apr 20085,1538,247110.3110.45$654,649
Mar 20085,7109,000101.909.66$668,826
Feb 20084,1206,14492.538.77$435,110
Jan 20083,2663,97090.388.21$327,758
Dec 20073,4633,81088.337.30$333,707
Nov 20073,1302,88591.677.29$307,964
Oct 20071,8892,18282.856.92$171,607

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                  348 bbl  × $106.41 =    $37,031
Casinghead gas     2,694 Mcf  × $  3.05 =     $8,205

────────────────────────────────────────────────────
Month total                                  $45,236

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/38662 is the state's own key, not one this site invented.