SOUTH WARD

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

Oil lease lease 39228District 08Field 95138001Hydrogen sulphide fieldOilSaveExport
Value, all time
$786 k
Sep 2008 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
213
no gaps in the span
Streams
1
oil

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 206 leases and 1,363 wells, and the rule below applies to all of them.

Discovered
1938-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1982-11-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OP. 5 ACRE DIAG. 750

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
OilDisposition11,410 bbl$785,546
Total$785,546

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 31.3730, -102.9589. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.37301, -102.95892 · 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
17,594 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 17,594 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-47530051117,594 ftSep 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 (213)

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

213 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 202616489.753.15$14,719
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 202516959.383.30$10,035
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 202517260.553.23$10,415
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 202515870.884.34$11,199
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 202416579.932.15$13,188
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 202416480.301.55$13,169
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 202316385.443.09$13,927
Sep 2023089.042.74$0
Aug 202316780.522.67$13,447
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 202318076.533.39$13,775
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 2022173104.226.84$18,030
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 202117479.795.71$13,883
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 202117663.483.02$11,172
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 202018444.642.68$8,214
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 202016738.371.83$6,408
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 202018349.881.98$9,128
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 201915453.472.42$8,234
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 201913952.782.49$7,336
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 201915556.803.06$8,804
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 201816052.934.24$8,469
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 201815165.142.93$9,836
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 201815963.842.90$10,151
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 201716557.272.92$9,450
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 201715045.373.00$6,806
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 201715645.373.26$7,078
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 201715449.413.42$7,609
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 201616346.193.09$7,529
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 201616541.622.92$6,867
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 201615433.011.79$5,084
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 201515732.362.00$5,081
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 201515440.162.87$6,185
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 201516455.212.96$9,054
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 201516444.662.98$7,324
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 201416070.464.25$11,274
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 201416489.394.04$14,660
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 201415394.734.73$14,494
Apr 2014095.944.81$0
Mar 201416595.895.06$15,822
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 2013156104.113.72$16,241
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 201316494.403.93$15,482
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 201315393.623.91$14,324
Feb 2013091.233.42$0
Jan 201316491.603.42$15,022
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 201215889.383.40$14,122
Sep 2012094.672.92$0
Aug 201217092.662.91$15,752
Jul 201215985.133.02$13,536
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 2012159105.052.22$16,703
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 201116896.873.24$16,274
Nov 2011095.723.31$0
Oct 201116884.983.65$14,277
Sep 2011083.623.99$0
Aug 201116683.404.15$13,844
Jul 2011094.144.52$0
Jun 201117192.904.64$15,886
May 2011098.134.40$0
Apr 2011171105.964.33$18,119
Mar 2011096.364.06$0
Feb 201116785.644.18$14,302
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 201016680.843.80$13,419
Oct 2010078.103.51$0
Sep 201016872.633.98$12,202
Aug 2010373.684.42$221
Jul 201016972.554.74$12,261
Jun 2010070.364.91$0
May 201016271.124.24$11,521
Apr 201018381.694.12$14,949
Mar 2010078.394.39$0
Feb 201017073.585.44$12,509
Jan 2010074.365.96$0
Dec 200917071.445.48$12,145
Nov 2009174.593.75$75
Oct 200917272.544.11$12,477
Sep 200916865.543.06$11,011
Aug 2009167.423.22$67
Jul 200917061.133.46$10,392
Jun 200916866.163.90$11,115
May 2009054.743.93$0
Apr 200916946.773.59$7,904
Mar 200916642.144.06$6,995
Feb 200917432.814.63$5,709
Jan 200917935.865.37$6,419
Dec 200816537.105.98$6,122
Nov 200817055.496.86$9,433
Oct 200835775.246.92$26,861
Sep 20080101.767.88$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                  164 bbl  × $ 89.75 =    $14,719

────────────────────────────────────────────────────
Month total                                  $14,719

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/39228 is the state's own key, not one this site invented.