ODELL STATE

Operated by PETX OPERATING LLC (P-5 102221) in the ABELL (PERMIAN-GENERAL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40574District 08Field 00292500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.6 M
Oct 2010 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
188
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 126 leases and 203 wells, and the rule below applies to all of them.

Discovered
1975-06-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1991-02-01.

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: FIELD HEARING 4-16-1975 DOCKET NO. 8-64,989

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
OilDisposition44,221 bbl$3,362,789
Casinghead gasProduction76,374 Mcf$270,629
Total$3,633,418

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 31.2763, -102.6205. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.27632, -102.62047 · 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
100.0%
1 of 1 wells
Median depth
3,949 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 3,949 ft.

Completions filed
Oct 2010
1 of 1 wells
Plug dates filed
Dec 1992
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3710698313,949 ftOct 2010Dec 1992

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 (188)

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

188 months

May 202600106.413.05$0
Apr 20260498.932.87$11
Mar 202601289.753.15$38
Feb 20260163.503.75$4
Jan 20261692859.138.00$10,217
Dec 20251724856.664.41$9,957
Nov 20251684858.593.93$10,032
Oct 202505059.383.30$165
Sep 20252004662.743.08$12,690
Aug 20251555063.933.01$10,060
Jul 202504966.743.32$162
Jun 202504966.483.13$153
May 202502160.553.23$68
Apr 20252879262.363.54$18,223
Mar 202515112867.704.27$10,769
Feb 20251607770.884.34$11,675
Jan 20251732074.324.28$12,943
Dec 202401068.993.12$31
Nov 20240069.052.20$0
Oct 2024177071.372.28$12,632
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20241910678.812.20$1,730
Apr 2024010784.451.66$178
Mar 2024010680.301.55$164
Feb 202409776.091.78$173
Jan 202407173.023.30$234
Dec 202309271.262.61$240
Nov 202316814777.892.81$13,498
Oct 202316818585.443.09$14,925
Sep 202317818289.042.74$16,347
Aug 202318220080.522.67$15,189
Jul 2023019674.852.64$518
Jun 20231719268.962.26$12,000
May 202316823070.622.23$12,376
Apr 202316320778.122.24$13,197
Mar 202317123572.852.39$13,020
Feb 202316818075.112.47$13,062
Jan 2023021076.533.39$711
Dec 202217612576.415.73$14,164
Nov 202217115785.005.65$15,421
Oct 202209787.185.86$569
Sep 202233117984.888.16$29,557
Aug 2022017294.529.13$1,570
Jul 2022347217101.587.54$36,885
Jun 20220261115.097.98$2,082
May 2022175158109.378.43$20,472
Apr 2022174189104.226.84$19,427
Mar 2022166250108.885.08$19,343
Feb 202216815091.054.86$16,025
Jan 202217216381.844.54$14,816
Dec 202116626071.323.90$12,853
Nov 202116816377.435.24$13,862
Oct 202117023979.795.71$14,930
Sep 202113816169.865.35$10,502
Aug 202116016966.024.22$11,276
Jul 202105270.783.98$207
Jun 202109269.493.38$311
May 20211687363.483.02$10,885
Apr 202116810760.362.76$10,436
Mar 20211646061.302.72$10,216
Feb 202102657.805.55$144
Jan 202116519450.412.81$8,863
Dec 202016618744.642.68$7,911
Nov 202033117938.772.71$13,317
Oct 202017321636.972.48$6,931
Sep 202016422037.091.99$6,521
Aug 202015720739.982.39$6,771
Jul 202017118038.371.83$6,890
Jun 202034124534.901.69$12,315
May 202016918216.921.81$3,190
Apr 202034326214.751.80$5,532
Mar 2020040230.341.86$746
Feb 202032551849.881.98$17,237
Jan 2020017657.252.09$369
Dec 2019022459.012.30$516
Nov 201916335255.302.75$9,982
Oct 2019022153.472.42$535
Sep 201909255.052.66$244
Aug 201910723853.112.30$6,231
Jul 201915814456.272.46$9,245
Jun 201916832252.782.49$9,669
May 2019016858.482.74$460
Apr 201917422362.632.75$11,511
Mar 2019017256.803.06$527
Feb 201917418450.852.79$9,362
Jan 2019030346.033.23$978
Dec 201816735546.594.19$9,266
Nov 201818414152.934.24$10,337
Oct 201816622961.443.40$10,977
Sep 201816320559.543.11$10,342
Aug 201817223259.403.07$10,928
Jul 201816742565.142.93$12,124
Jun 201817436760.183.08$11,601
May 201817840865.382.90$12,821
Apr 201816932163.842.90$11,720
Mar 201816432061.222.79$10,932
Feb 201817133361.782.77$11,486
Jan 2018028462.874.01$1,139
Dec 201718135557.272.92$11,403
Nov 201717041355.423.12$10,709
Oct 201717543149.292.98$9,912
Sep 2017010247.523.09$315
Aug 201733414645.373.00$15,592
Jul 201716913443.873.09$7,828
Jun 2017021542.493.09$664
May 201716420445.373.26$8,106
Apr 201718036447.933.21$9,796
Mar 201718043246.772.98$9,708
Feb 201718240550.452.95$10,378
Jan 201735740149.413.42$19,010
Dec 201617535248.763.72$9,843
Nov 201616445142.492.64$8,161
Oct 201618848646.193.09$10,186
Sep 201616838241.553.10$8,165
Aug 201633446041.442.92$15,186
Jul 201616640541.622.92$8,093
Jun 201616743545.352.69$8,742
May 201616340542.521.99$7,737
Apr 20161675036.561.99$6,205
Mar 2016329033.011.79$10,860
Feb 201617018426.472.06$4,880
Jan 201635430327.352.36$10,398
Dec 201518133732.362.00$6,532
Nov 201517824638.792.17$7,438
Oct 201535414443.552.43$15,766
Sep 201516252342.992.76$8,407
Aug 201534658640.162.87$15,579
Jul 201516542348.152.95$9,191
Jun 201517341656.152.88$10,913
May 201518449055.212.96$11,607
Apr 201516958349.822.71$9,998
Mar 201535064042.892.93$16,890
Feb 201517961444.662.98$9,822
Jan 201518142943.433.10$9,191
Dec 201436852554.693.59$22,011
Nov 201418155070.464.25$15,092
Oct 201437668878.303.90$32,125
Sep 201436775986.164.05$34,691
Aug 201435661189.394.04$34,288
Jul 201436860896.564.18$38,075
Jun 201418356098.164.74$20,616
May 201436247094.734.73$36,514
Apr 201418033595.944.81$18,880
Mar 201435651095.895.06$36,716
Feb 201415343197.406.19$17,571
Jan 201417057690.404.86$18,168
Dec 201335171091.824.35$35,321
Nov 201334781588.853.74$33,878
Oct 201351275997.423.78$52,748
Sep 2013170732104.113.72$20,420
Aug 2013507832104.253.52$55,786
Jul 2013172799102.523.72$20,604
Jun 201334885994.403.93$36,230
May 201333992794.834.15$35,994
Apr 201351377293.964.28$51,508
Mar 201350371593.623.91$49,889
Feb 201318080591.233.42$19,174
Jan 201357277391.603.42$55,039
Dec 201235265586.773.42$32,783
Nov 20123761,00286.953.62$36,325
Oct 201237474089.383.40$35,944
Sep 20125581,03694.672.92$55,849
Aug 20127081,08992.662.91$68,770
Jul 201219686185.133.02$19,286
Jun 201217342079.822.52$14,867
May 201237770191.612.49$36,281
Apr 2012370644101.652.00$38,896
Mar 20125501,174105.052.22$60,386
Feb 20125661,016101.102.57$59,834
Jan 20125441,26798.092.73$56,825
Dec 20115701,36296.873.24$59,628
Nov 20117451,51295.723.31$76,318
Oct 20115621,11784.983.65$51,834
Sep 20115591,11583.623.99$51,188
Aug 20119391,27883.404.15$83,615
Jul 201173796694.144.52$73,745
Jun 201155596992.904.64$56,056
May 20117231,27098.134.40$76,542
Apr 20115651,032105.964.33$64,339
Mar 20111,4833,65296.364.06$157,719
Feb 201157866285.644.18$52,267
Jan 20119281,13786.504.59$85,489
Dec 20101,2391,74885.734.35$113,819
Nov 20101,8272,55580.843.80$157,392
Oct 20100078.103.51$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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas         4 Mcf  × $  2.87 =        $11

────────────────────────────────────────────────────
Month total                                      $11

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/40574 is the state's own key, not one this site invented.