SLATOR -E-

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the TXL (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 39678District 08Field 88071870OilCasinghead gasSaveExport
Value, all time
$2.3 M
May 2009 – May 2026
Value, last 12 filed months
$263 k
at the published price for each month
Months reported
205
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 6 wells, and the rule below applies to all of them.

Discovered
1946-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition19,239 bbl$1,447,858
Casinghead gasProduction231,930 Mcf$815,532
Total$2,263,391

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 31.9192, -102.7236. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91921, -102.72363 · 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
9,739 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 9,739 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-1350456419,739 ftMay 2009

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 (205)

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

205 months

May 20261732,320106.413.05$25,475
Apr 20261292,05998.932.87$18,671
Mar 20262922,47689.753.15$34,005
Feb 20262322,18463.503.75$22,923
Jan 20261472,39059.138.00$27,807
Dec 20251472,31356.664.41$18,537
Nov 20252232,11958.593.93$21,386
Oct 20251662,34259.383.30$17,597
Sep 20252151,81262.743.08$19,064
Aug 20251492,02663.933.01$15,633
Jul 20251811,89166.743.32$18,349
Jun 20252811,70366.483.13$24,009
May 20252372,22460.553.23$21,539
Apr 2025881,00962.363.54$9,063
Mar 2025891,33167.704.27$11,706
Feb 2025931,22870.884.34$11,922
Jan 2025631,44974.324.28$10,882
Dec 2024851,68968.993.12$11,136
Nov 2024501,70569.052.20$7,201
Oct 2024771,32371.372.28$8,514
Sep 2024951,54669.612.36$10,268
Aug 20241331,83675.632.06$13,848
Jul 2024811,64879.932.15$10,012
Jun 20241041,64878.082.63$12,461
May 20241091,60078.812.20$12,108
Apr 20241051,78084.451.66$11,821
Mar 20241001,89480.301.55$10,956
Feb 2024761,44976.091.78$8,367
Jan 2024731,56173.023.30$10,478
Dec 2023541,45371.262.61$7,641
Nov 2023531,36677.892.81$7,963
Oct 2023321,30285.443.09$6,754
Sep 2023501,07689.042.74$7,395
Aug 2023621,40680.522.67$8,750
Jul 2023451,38474.852.64$7,025
Jun 2023291,35768.962.26$5,065
May 2023771,27970.622.23$8,287
Apr 2023461,35978.122.24$6,635
Mar 2023641,51672.852.39$8,290
Feb 2023621,25575.112.47$7,751
Jan 2023321,41876.533.39$7,253
Dec 2022621,48976.415.73$13,268
Nov 2022571,39285.005.65$12,705
Oct 2022321,47487.185.86$11,433
Sep 2022241,25484.888.16$12,274
Aug 2022401,46294.529.13$17,125
Jul 2022241,350101.587.54$12,620
Jun 2022391,241115.097.98$14,388
May 2022241,312109.378.43$13,689
Apr 2022261,412104.226.84$12,364
Mar 202221369108.885.08$4,160
Feb 2022258691.054.86$2,694
Jan 2022269781.844.54$2,568
Dec 20213839571.323.90$4,250
Nov 2021491,91377.435.24$13,812
Oct 2021361,49879.795.71$11,432
Sep 20211145569.865.35$3,203
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 20209016.921.81$152
Apr 20203559114.751.80$1,583
Mar 2020481,22430.341.86$3,728
Feb 2020591,04649.881.98$5,015
Jan 2020541,24257.252.09$5,693
Dec 2019621,25959.012.30$6,560
Nov 2019341,24355.302.75$5,299
Oct 20192556753.472.42$2,708
Sep 201915055.052.66$826
Aug 20196389453.112.30$5,406
Jul 2019571,22256.272.46$6,214
Jun 2019601,22552.782.49$6,219
May 2019531,35858.482.74$6,821
Apr 2019351,26062.632.75$5,658
Mar 2019341,33656.803.06$6,022
Feb 2019371,18750.852.79$5,196
Jan 2019311,26946.033.23$5,523
Dec 2018421,27446.594.19$7,289
Nov 2018221,27852.934.24$6,580
Oct 2018291,21461.443.40$5,907
Sep 2018311,33159.543.11$5,982
Aug 2018321,50959.403.07$6,528
Jul 2018551,40265.142.93$7,693
Jun 2018711,43260.183.08$8,679
May 2018691,48665.382.90$8,822
Apr 20186387263.842.90$6,551
Mar 20183551861.222.79$3,586
Feb 20183171261.782.77$3,885
Jan 2018381,00362.874.01$6,410
Dec 2017211,21057.272.92$4,738
Nov 2017301,35355.423.12$5,882
Oct 2017271,40749.292.98$5,529
Sep 2017371,36547.523.09$5,972
Aug 2017341,32845.373.00$5,532
Jul 2017321,30043.873.09$5,417
Jun 2017381,25742.493.09$5,495
May 2017581,51145.373.26$7,562
Apr 20171151,43247.933.21$10,111
Mar 20171261,67546.772.98$10,891
Feb 2017601,62850.452.95$7,834
Jan 2017651,73349.413.42$9,136
Dec 2016671,73648.763.72$9,730
Nov 2016571,64442.492.64$6,769
Oct 20161091,47946.193.09$9,605
Sep 20163001,71541.553.10$17,783
Aug 20161861,46241.442.92$11,983
Jul 20162531,76541.622.92$15,691
Jun 20162101,54145.352.69$13,662
May 20162271,16142.521.99$11,964
Apr 20161551,43136.561.99$8,516
Mar 20161371,51633.011.79$7,242
Feb 2016561,56526.472.06$4,712
Jan 2016731,35827.352.36$5,207
Dec 2015571,58732.362.00$5,021
Nov 2015751,49938.792.17$6,158
Oct 2015531,21743.552.43$5,261
Sep 2015741,47942.992.76$7,261
Aug 2015691,53540.162.87$7,180
Jul 20154299348.152.95$4,947
Jun 2015818556.152.88$983
May 2015611,32055.212.96$7,269
Apr 2015781,12049.822.71$6,917
Mar 20151071,11642.892.93$7,864
Feb 2015981,02444.662.98$7,424
Jan 20158167343.433.10$5,605
Dec 20141311,10254.693.59$11,122
Nov 20141421,42870.464.25$16,077
Oct 20141571,60078.303.90$18,535
Sep 20141551,75786.164.05$20,463
Aug 20141591,75689.394.04$21,299
Jul 20141391,83196.564.18$21,075
Jun 20141251,76498.164.74$20,626
May 20141501,94194.734.73$23,384
Apr 20141451,81995.944.81$22,659
Mar 20141551,52395.895.06$22,564
Feb 20141051,36797.406.19$18,691
Jan 20141421,45890.404.86$19,924
Dec 20131281,33991.824.35$17,584
Nov 20131541,37988.853.74$18,838
Oct 20131791,63397.423.78$23,610
Sep 20131891,820104.113.72$26,443
Aug 20132501,830104.253.52$32,509
Jul 20132771,668102.523.72$34,599
Jun 20132441,47294.403.93$28,824
May 20131961,77994.834.15$25,968
Apr 20132421,62493.964.28$29,693
Mar 20132661,79193.623.91$31,911
Feb 20132521,64591.233.42$28,616
Jan 20132701,80591.603.42$30,905
Dec 20121741,70386.773.42$20,923
Nov 20121252,09086.953.62$18,445
Oct 20121611,92089.383.40$20,918
Sep 201214388494.672.92$16,118
Aug 20121251,21492.662.91$15,113
Jul 20129093485.133.02$10,483
Jun 201212981379.822.52$12,345
May 201212781691.612.49$13,665
Apr 2012124744101.652.00$14,090
Mar 2012132704105.052.22$15,431
Feb 2012113558101.102.57$12,858
Jan 201213856698.092.73$15,084
Dec 201111951696.873.24$13,199
Nov 201115465395.723.31$16,903
Oct 201117071584.983.65$17,055
Sep 201112663483.623.99$13,063
Aug 201114768083.404.15$15,081
Jul 201114862194.144.52$16,738
Jun 201113767292.904.64$15,845
May 201119669498.134.40$22,290
Apr 2011165456105.964.33$19,459
Mar 201122133996.364.06$22,671
Feb 201117916985.644.18$16,036
Jan 201116920686.504.59$15,564
Dec 201019319885.734.35$17,407
Nov 201017419380.843.80$14,799
Oct 201018423178.103.51$15,181
Sep 201018022472.633.98$13,965
Aug 20107645673.684.42$7,615
Jul 20103359072.554.74$5,189
Jun 20101925870.364.91$2,604
May 20104727571.124.24$4,507
Apr 201010569881.694.12$11,455
Mar 201013275978.394.39$13,678
Feb 201020992073.585.44$20,385
Jan 2010134074.365.96$9,964
Dec 200912581171.445.48$13,377
Nov 200912678674.593.75$12,347
Oct 2009090072.544.11$3,699
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$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                  173 bbl  × $106.41 =    $18,409
Casinghead gas     2,320 Mcf  × $  3.05 =     $7,066

────────────────────────────────────────────────────
Month total                                  $25,475

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/39678 is the state's own key, not one this site invented.