HOWARD FEE

Operated by PERIMETER RESOURCE COMPANY (P-5 653651) in the COAHOMA (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38918District 08Field 19111600OilCasinghead gasSaveExport
Value, all time
$858 k
Apr 2008 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
218
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1981-04-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 10/01/85.

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
OilDisposition8,631 bbl$637,861
Casinghead gasProduction48,370 Mcf$220,246
Total$858,107

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 32.3066, -101.2542. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.30665, -101.25421 · 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
7,875 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 7,875 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-227361164F7,875 ftApr 2008

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 (218)

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

218 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026154089.753.15$13,822
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 2025157063.933.01$10,037
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 2024128068.993.12$8,831
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 2024148078.082.63$11,556
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 2023160071.262.61$11,402
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023164074.852.64$12,275
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 2022171076.415.73$13,066
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 20221570109.378.43$17,171
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 2020179039.982.39$7,156
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 2019158053.472.42$8,448
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 2019149056.803.06$8,463
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018163061.443.40$10,015
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 2018166061.222.79$10,163
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 2017162047.523.09$7,698
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017183045.373.26$8,303
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 2016171046.193.09$7,898
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 2016170027.352.36$4,650
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 20151668348.152.95$8,237
Jun 2015028256.152.88$813
May 2015029255.212.96$863
Apr 2015027949.822.71$755
Mar 201516330442.892.93$7,883
Feb 2015050444.662.98$1,500
Jan 2015027543.433.10$853
Dec 2014036154.693.59$1,296
Nov 2014037070.464.25$1,573
Oct 201417238078.303.90$14,950
Sep 2014038086.164.05$1,537
Aug 2014032189.394.04$1,295
Jul 2014034996.564.18$1,459
Jun 2014036198.164.74$1,710
May 2014035494.734.73$1,673
Apr 201416335695.944.81$17,350
Mar 2014033595.895.06$1,694
Feb 2014038997.406.19$2,409
Jan 201417437190.404.86$17,533
Dec 2013047191.824.35$2,051
Nov 2013038388.853.74$1,432
Oct 2013031997.423.78$1,206
Sep 201300104.113.72$0
Aug 20131660104.253.52$17,306
Jul 201300102.523.72$0
Jun 2013036894.403.93$1,447
May 2013035794.834.15$1,481
Apr 201316825293.964.28$16,864
Mar 2013025793.623.91$1,006
Feb 2013033891.233.42$1,156
Jan 2013022291.603.42$759
Dec 2012029386.773.42$1,002
Nov 201216511786.953.62$14,771
Oct 20121089.383.40$89
Sep 2012024294.672.92$706
Aug 201216740292.662.91$16,643
Jul 2012036685.133.02$1,106
Jun 2012039379.822.52$990
May 201216842891.612.49$16,455
Apr 20121571101.652.00$1,242
Mar 20120587105.052.22$1,304
Feb 20121569101.102.57$1,564
Jan 2012061298.092.73$1,673
Dec 201116562396.873.24$18,002
Nov 2011161495.723.31$2,129
Oct 2011164484.983.65$2,435
Sep 201116360583.623.99$16,041
Aug 2011165083.404.15$2,780
Jul 2011263794.144.52$3,066
Jun 201116962292.904.64$18,586
May 2011462798.134.40$3,154
Apr 2011185105.964.33$474
Mar 201114866696.364.06$16,963
Feb 2011263085.644.18$2,805
Jan 2011067086.504.59$3,074
Dec 201016368185.734.35$16,935
Nov 2010167880.843.80$2,654
Oct 201016770978.103.51$15,531
Sep 2010368072.633.98$2,924
Aug 2010070073.684.42$3,094
Jul 201017172072.554.74$15,816
Jun 2010674270.364.91$4,066
May 2010253071.124.24$2,387
Apr 201016649181.694.12$15,585
Mar 2010077678.394.39$3,406
Feb 201016871573.585.44$16,253
Jan 2010081074.365.96$4,831
Dec 200917082671.445.48$16,674
Nov 2009081974.593.75$3,072
Oct 200916686472.544.11$15,593
Sep 2009065465.543.06$2,004
Aug 200916278367.423.22$13,442
Jul 200917184561.133.46$13,381
Jun 2009083766.163.90$3,260
May 200916759954.743.93$11,493
Apr 2009054046.773.59$1,937
Mar 200916384042.144.06$10,278
Feb 20091731,02132.814.63$10,406
Jan 20091711,35035.865.37$13,383
Dec 20081691,62937.105.98$16,007
Nov 20081702,12455.496.86$24,005
Oct 20081723,95775.246.92$40,332
Sep 20083401,483101.767.88$46,280
Aug 20081740114.228.48$19,874
Jul 20083441131.0811.39$45,103
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$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 2026 — as filed, then multipliedworked
Oil                  154 bbl  × $ 89.75 =    $13,822
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $13,822

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/38918 is the state's own key, not one this site invented.