STALLINGS

Operated by SOUTHWEST ROYALTIES, INC. (P-5 806470) in the B.C. (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38971District 08Field 04690300OilCasinghead gasSaveExport
Value, all time
$6.5 M
May 2008 – May 2026
Value, last 12 filed months
$379 k
at the published price for each month
Months reported
217
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 22 leases and 26 wells, and the rule below applies to all of them.

Discovered
1985-12-03
as the register files it
Field class
Oil and gas
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 80 acres. The field rule took effect on 1986-04-01.

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
OilDisposition83,074 bbl$5,931,351
Casinghead gasProduction120,455 Mcf$536,786
Total$6,468,137

Wells on this lease (2)

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 32.3287, -101.5197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.32874, -101.51974 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
9,425 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
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.
2100.0%

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 9,350 and 9,500 ft, median 9,425 ft, over the 2 wells that filed a depth.

Completions filed
May 2008 – Jul 2008
2 of 2 wells

2 wells

42-2273611159,350 ftJul 2008
42-2273611049,500 ftMay 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 (217)

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

217 months

May 20261850106.413.05$19,686
Apr 2026367098.932.87$36,307
Mar 2026372089.753.15$33,387
Feb 2026739063.503.75$46,927
Jan 20261,671059.138.00$98,806
Dec 20251,111056.664.41$62,949
Nov 2025184058.593.93$10,781
Oct 2025185059.383.30$10,985
Sep 2025184062.743.08$11,544
Aug 2025181063.933.01$11,571
Jul 2025182066.743.32$12,147
Jun 2025364066.483.13$24,199
May 2025190060.553.23$11,505
Apr 2025185062.363.54$11,537
Mar 2025183067.704.27$12,389
Feb 2025188070.884.34$13,325
Jan 2025374074.324.28$27,796
Dec 2024186068.993.12$12,832
Nov 2024368069.052.20$25,410
Oct 2024365071.372.28$26,050
Sep 2024181069.612.36$12,599
Aug 2024354075.632.06$26,773
Jul 2024176079.932.15$14,068
Jun 2024353078.082.63$27,562
May 2024183078.812.20$14,422
Apr 2024368084.451.66$31,078
Mar 2024186080.301.55$14,936
Feb 2024370076.091.78$28,153
Jan 2024183073.023.30$13,363
Dec 2023344071.262.61$24,513
Nov 2023360077.892.81$28,040
Oct 20230085.443.09$0
Sep 2023358089.042.74$31,876
Aug 2023168080.522.67$13,527
Jul 2023174074.852.64$13,024
Jun 2023174068.962.26$11,999
May 2023364070.622.23$25,706
Apr 2023183078.122.24$14,296
Mar 2023362072.852.39$26,372
Feb 2023367075.112.47$27,565
Jan 2023351076.533.39$26,862
Dec 2022172076.415.73$13,143
Nov 2022185085.005.65$15,725
Oct 2022347087.185.86$30,251
Sep 2022172084.888.16$14,599
Aug 2022185094.529.13$17,486
Jul 20221780101.587.54$18,081
Jun 20221870115.097.98$21,522
May 20221790109.378.43$19,577
Apr 20221780104.226.84$18,551
Mar 20223550108.885.08$38,652
Feb 2022168091.054.86$15,296
Jan 2022342081.844.54$27,989
Dec 2021330071.323.90$23,536
Nov 2021165077.435.24$12,776
Oct 2021172079.795.71$13,724
Sep 2021363069.865.35$25,359
Aug 2021176066.024.22$11,620
Jul 2021184070.783.98$13,024
Jun 2021341069.493.38$23,696
May 2021174063.483.02$11,046
Apr 20210060.362.76$0
Mar 2021348061.302.72$21,332
Feb 2021168057.805.55$9,710
Jan 2021180050.412.81$9,074
Dec 2020169044.642.68$7,544
Nov 20200038.772.71$0
Oct 2020172036.972.48$6,359
Sep 202016919237.091.99$6,650
Aug 202032998339.982.39$15,498
Jul 202065964238.371.83$26,458
Jun 202017232434.901.69$6,550
May 20200016.921.81$0
Apr 2020344014.751.80$5,074
Mar 202033929530.341.86$10,833
Feb 202018136349.881.98$9,747
Jan 202050138857.252.09$29,495
Dec 201934786759.012.30$22,474
Nov 201952087055.302.75$31,149
Oct 201935261553.472.42$20,309
Sep 201917452955.052.66$10,984
Aug 201951576153.112.30$29,105
Jul 201950883456.272.46$30,637
Jun 201933032252.782.49$18,220
May 201917721758.482.74$10,946
Apr 201916824862.632.75$11,204
Mar 201917542656.803.06$11,244
Feb 201935966450.852.79$20,109
Jan 201951340346.033.23$24,914
Dec 201818219846.594.19$9,308
Nov 201853710652.934.24$28,873
Oct 201817310361.443.40$10,979
Sep 201851310859.543.11$30,880
Aug 201819018059.403.07$11,838
Jul 201849921065.142.93$33,121
Jun 201817219860.183.08$10,960
May 201853022265.382.90$35,295
Apr 201818739963.842.90$13,096
Mar 201853963261.222.79$34,759
Feb 201816851861.782.77$11,812
Jan 201852544462.874.01$34,787
Dec 201751782957.272.92$32,031
Nov 201716847855.423.12$10,801
Oct 201753152649.292.98$27,742
Sep 201734631547.523.09$17,414
Aug 20173574645.373.00$16,335
Jul 201732911343.873.09$14,782
Jun 201750822242.493.09$22,270
May 201718024045.373.26$8,950
Apr 201752113047.933.21$25,389
Mar 20171629746.772.98$7,866
Feb 201733821550.452.95$17,687
Jan 201735323849.413.42$18,255
Dec 201636028848.763.72$18,626
Nov 201635411442.492.64$15,343
Oct 201634040146.193.09$16,944
Sep 201636424441.553.10$15,881
Aug 201633642841.442.92$15,175
Jul 201633637941.622.92$15,093
Jun 201617438145.352.69$8,914
May 201634659042.521.99$15,887
Apr 201617746336.561.99$7,393
Mar 201634555633.011.79$12,386
Feb 201616750926.472.06$5,471
Jan 201652443727.352.36$15,365
Dec 201517050532.362.00$6,512
Nov 201516648938.792.17$7,499
Oct 201516652243.552.43$8,496
Sep 201516726542.992.76$7,910
Aug 2015044640.162.87$1,281
Jul 201532593948.152.95$18,414
Jun 201516561056.152.88$11,023
May 201533472955.212.96$20,595
Apr 201516584049.822.71$10,494
Mar 201532687342.892.93$16,544
Feb 201516673344.662.98$9,595
Jan 201532989843.433.10$17,073
Dec 20143421,27054.693.59$23,265
Nov 20141661,06670.464.25$16,229
Oct 20141691,15378.303.90$17,731
Sep 20143321,02586.164.05$32,752
Aug 20143261,21289.394.04$34,032
Jul 201416681296.564.18$19,423
Jun 20143371,09798.164.74$38,276
May 20143321,09594.734.73$36,626
Apr 20143401,18895.944.81$38,333
Mar 20143191,20395.895.06$36,672
Feb 201434966597.406.19$38,110
Jan 201434568090.404.86$34,493
Dec 201317279691.824.35$19,259
Nov 201333869888.853.74$32,641
Oct 201350383797.423.78$52,166
Sep 2013299873104.113.72$34,374
Aug 2013347860104.253.52$39,204
Jul 2013325922102.523.72$36,747
Jun 20133352,32694.403.93$40,773
May 20131681,17394.834.15$20,798
Apr 201333570093.964.28$34,474
Mar 20135011,14293.623.91$51,372
Feb 201332684391.233.42$32,624
Jan 20136771,03591.603.42$65,553
Dec 201201,09986.773.42$3,759
Nov 20126641,01386.953.62$61,407
Oct 20123292489.383.40$29,488
Sep 20123231,02294.672.92$33,561
Aug 201232999692.662.91$33,382
Jul 20124921,09485.133.02$45,189
Jun 20121651,12979.822.52$16,014
May 20123341,39791.612.49$34,074
Apr 20124601,325101.652.00$49,405
Mar 20128091,218105.052.22$87,692
Feb 2012326996101.102.57$35,519
Jan 201267094798.092.73$68,309
Dec 20113661,19696.873.24$39,329
Nov 20113481,45095.723.31$38,112
Oct 20113321,36284.983.65$33,183
Sep 20114941,62983.623.99$47,801
Aug 2011817083.404.15$68,138
Jul 2011669094.144.52$62,980
Jun 201149866992.904.64$49,368
May 20115011,18598.134.40$54,383
Apr 20118341,274105.964.33$93,891
Mar 20116661,50296.364.06$70,270
Feb 20115001,60685.644.18$49,533
Jan 20118241,88186.504.59$79,908
Dec 20101,1972,09585.734.35$111,727
Nov 20108502,31480.843.80$77,496
Oct 20101,3381,67578.103.51$110,375
Sep 20102,0403,77872.633.98$163,200
Aug 20102,3482,73873.684.42$185,101
Jul 20101,16579072.554.74$88,263
Jun 20101739670.364.91$12,644
May 2010357071.124.24$25,390
Apr 2010342081.694.12$27,938
Mar 20101707478.394.39$13,651
Feb 20103409373.585.44$25,523
Jan 20103408974.365.96$25,813
Dec 200934612571.445.48$25,404
Nov 200917213274.593.75$13,325
Oct 2009509072.544.11$36,923
Sep 200967538065.543.06$45,404
Aug 200935546367.423.22$25,424
Jul 200933852061.133.46$22,463
Jun 200951329866.163.90$35,101
May 200951266254.743.93$30,626
Apr 200951727346.773.59$25,159
Mar 200949953242.144.06$23,187
Feb 200969877632.814.63$26,497
Jan 20097021,01835.865.37$30,641
Dec 20088662,24037.105.98$45,517
Nov 20081,0412,77955.496.86$76,830
Oct 20081,8784,40775.246.92$171,806
Sep 20088752,870101.767.88$111,647
Aug 20085252,512114.228.48$81,275
Jul 20081803,514131.0811.39$63,617
Jun 20081,0423,178131.3313.03$178,264
May 200800123.1711.57$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                  185 bbl  × $106.41 =    $19,686
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,686

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/38971 is the state's own key, not one this site invented.