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SETTLES, W. R.

Operated by BASA RESOURCES, INC. (P-5 53974) in the HOWARD GLASSCOCK (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 41059District 08Field 42971200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$15.0 M
Dec 2011 – May 2026
Value, last 12 filed months
$452 k
at the published price for each month
Months reported
174
no gaps in the span
Streams
2
oil, casinghead gas

The HOWARD GLASSCOCK (CONSOLIDATED) field

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 231 leases and 2,805 wells, and the rule below applies to all of them.

Discovered
2011-11-22
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2014-01-07.

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: “P-15'S, ACRES LIST, AND LEASE PLATS REQUIRED.”

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
OilDisposition211,392 bbl$15,017,443
Casinghead gasProduction35 Mcf$130
Total$15,017,572

Wells on this lease (19)

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 32.0953, -101.3648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.09539, -101.36495 · 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
36.8%
7 of 19 wells
With a plug date
36.8%
7 of 19 wells
Median depth
3,000 ft
18 wells filed one
Completion to plug
26.5 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
736.8%
A plug date is filed
736.8%
BothOn the schedule and plugged. Neither fact cancels the other.
736.8%
NeitherNo plug date, and not on the schedule.
1263.2%

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

Total depth in feet, 18 of 19 wells. Median 3,000 ft, with the middle half between 2,766 and 3,100 ft; the shallowest is 1,892 ft and the deepest 3,250 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 18 of 19 wells, Mar 1965 – Jul 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1965 – Jul 2018
18 of 19 wells; 1 filed none
Plug dates filed
Sep 2012 – Jun 2021
7 of 19 wells; 12 filed none

Last completion to plug: a median of 26.5 years across the 7 wells that filed both dates, with the middle half between 21.8 years and 50.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

19 wells

42-227035297————
42-2270352532,957 ftJul 2018——
42-2270352422,982 ftJan 2015——
42-22737245243,220 ftDec 2012——
42-22733613193,080 ftJun 2009——
42-22733649203,053 ftJan 1997——
42-22731137163,000 ftAug 1996——
42-2270352312,727 ftAug 1996Sep 2012Yes
42-2273498021L3,100 ftJun 1996——
42-2273497922L3,100 ftJun 1996Jul 2015Yes
42-2273497823L3,100 ftJun 1996——
42-22733614183,200 ftNov 1991——
42-22710260101,950 ftMar 1991Jul 2015Yes
42-2271071914W3,000 ftAug 1989Feb 2016Yes
42-22731573172,800 ftFeb 1978——
42-22710261113,250 ftApr 1976——
42-22710262131,950 ftSep 1965Jul 2015Yes
42-2271036712W2,754 ftSep 1965Jun 2021Yes
42-2271025991,892 ftMar 1965Jul 2015Yes

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 (174)

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

174 months

May 20263510106.413.05$37,350
Apr 2026544098.932.87$53,818
Mar 2026704089.753.15$63,184
Feb 2026553063.503.75$35,116
Jan 2026541059.138.00$31,989
Dec 2025378056.664.41$21,417
Nov 2025178058.593.93$10,429
Oct 2025171059.383.30$10,154
Sep 2025547062.743.08$34,319
Aug 2025727063.933.01$46,477
Jul 2025726066.743.32$48,453
Jun 2025895066.483.13$59,500
May 2025518060.553.23$31,365
Apr 2025695062.363.54$43,340
Mar 2025319067.704.27$21,596
Feb 2025696070.884.34$49,332
Jan 2025537074.324.28$39,910
Dec 2024831068.993.12$57,331
Nov 2024841069.052.20$58,071
Oct 2024983071.372.28$70,157
Sep 20241,129069.612.36$78,590
Aug 2024837075.632.06$63,302
Jul 20241,038079.932.15$82,967
Jun 20241,152078.082.63$89,948
May 20241,148078.812.20$90,474
Apr 2024718084.451.66$60,635
Mar 2024698080.301.55$56,049
Feb 2024656076.091.78$49,915
Jan 2024826073.023.30$60,315
Dec 2023962071.262.61$68,552
Nov 2023694077.892.81$54,056
Oct 2023799085.443.09$68,267
Sep 2023497089.042.74$44,253
Aug 2023480080.522.67$38,650
Jul 2023639074.852.64$47,829
Jun 2023963068.962.26$66,408
May 20231,354070.622.23$95,619
Apr 20231,357078.122.24$106,009
Mar 20231,133072.852.39$82,539
Feb 20232,306075.112.47$173,204
Jan 20231,536076.533.39$117,550
Dec 2022195076.415.73$14,900
Nov 2022197085.005.65$16,745
Oct 2022388087.185.86$33,826
Sep 2022388084.888.16$32,933
Aug 2022386094.529.13$36,485
Jul 20221910101.587.54$19,402
Jun 20223800115.097.98$43,734
May 20224550109.378.43$49,763
Apr 20225470104.226.84$57,008
Mar 20223890108.885.08$42,354
Feb 2022590091.054.86$53,720
Jan 2022396081.844.54$32,409
Dec 2021537071.323.90$38,299
Nov 2021395077.435.24$30,585
Oct 2021394079.795.71$31,437
Sep 2021585069.865.35$40,868
Aug 2021383066.024.22$25,286
Jul 2021585070.783.98$41,406
Jun 2021383069.493.38$26,615
May 2021586063.483.02$37,199
Apr 2021390060.362.76$23,540
Mar 2021391061.302.72$23,968
Feb 2021197057.805.55$11,387
Jan 2021592050.412.81$29,843
Dec 2020384044.642.68$17,142
Nov 2020564038.772.71$21,866
Oct 2020391036.972.48$14,455
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020548038.371.83$21,027
Jun 2020566034.901.69$19,753
May 2020184016.921.81$3,113
Apr 2020344014.751.80$5,074
Mar 20201,018030.341.86$30,886
Feb 2020524049.881.98$26,137
Jan 2020347057.252.09$19,866
Dec 2019685059.012.30$40,422
Nov 2019170055.302.75$9,401
Oct 2019502053.472.42$26,842
Sep 2019340055.052.66$18,717
Aug 2019514053.112.30$27,299
Jul 2019687056.272.46$38,657
Jun 2019523052.782.49$27,604
May 2019506058.482.74$29,591
Apr 2019655062.632.75$41,023
Mar 2019518056.803.06$29,422
Feb 2019592050.852.79$30,103
Jan 2019699046.033.23$32,175
Dec 20181,080046.594.19$50,317
Nov 20181,082052.934.24$57,270
Oct 2018885061.443.40$54,374
Sep 2018886059.543.11$52,752
Aug 20181,025059.403.07$60,885
Jul 2018987065.142.93$64,293
Jun 2018998060.183.08$60,060
May 2018992065.382.90$64,857
Apr 20181,097063.842.90$70,032
Mar 20181,000061.222.79$61,220
Feb 2018829061.782.77$51,216
Jan 20181,345062.874.01$84,560
Dec 2017694057.272.92$39,745
Nov 2017847055.423.12$46,941
Oct 2017542049.292.98$26,715
Sep 2017854047.523.09$40,582
Aug 2017835045.373.00$37,884
Jul 20171,157043.873.09$50,758
Jun 20171,164042.493.09$49,458
May 20171,343045.373.26$60,932
Apr 20171,413047.933.21$67,725
Mar 20172,552046.772.98$119,357
Feb 20172,025050.452.95$102,161
Jan 20172,317049.413.42$114,483
Dec 20161,946048.763.72$94,887
Nov 20161,948042.492.64$82,771
Oct 2016680046.193.09$31,409
Sep 20161,808041.553.10$75,122
Aug 20161,802041.442.92$74,675
Jul 20161,324041.622.92$55,105
Jun 20161,660045.352.69$75,281
May 20161,128042.521.99$47,963
Apr 20162,369036.561.99$86,611
Mar 20163,359033.011.79$110,881
Feb 20161,373026.472.06$36,343
Jan 20163,408027.352.36$93,209
Dec 20151,402032.362.00$45,369
Nov 20151,263038.792.17$48,992
Oct 20151,281043.552.43$55,788
Sep 20151,572042.992.76$67,580
Aug 20151,231040.162.87$49,437
Jul 20151,406048.152.95$67,699
Jun 20152,008056.152.88$112,749
May 20151,223055.212.96$67,522
Apr 20151,752049.822.71$87,285
Mar 20151,972042.892.93$84,579
Feb 20151,939044.662.98$86,596
Jan 20152,288043.433.10$99,368
Dec 20142,418054.693.59$132,240
Nov 20141,362070.464.25$95,967
Oct 20142,141178.303.90$167,644
Sep 20141,930186.164.05$166,293
Aug 20142,177189.394.04$194,606
Jul 20141,707196.564.18$164,832
Jun 2014926198.164.74$90,901
May 20142,290194.734.73$216,936
Apr 20141,792195.944.81$171,929
Mar 20141,814195.895.06$173,950
Feb 20142,085197.406.19$203,085
Jan 20142,054190.404.86$185,686
Dec 20132,128191.824.35$195,397
Nov 20132,178188.853.74$193,519
Oct 20132,152197.423.78$209,652
Sep 20131,9871104.113.72$206,870
Aug 20131,7081104.253.52$178,063
Jul 20131,9321102.523.72$198,072
Jun 20132,337194.403.93$220,617
May 20133,828194.834.15$363,013
Apr 20135,036193.964.28$473,187
Mar 20132,747193.623.91$257,178
Feb 20132,227191.233.42$203,173
Jan 20132,947191.603.42$269,949
Dec 20123,048186.773.42$264,478
Nov 20123,097186.953.62$269,288
Oct 20123,170189.383.40$283,338
Sep 20122,836194.672.92$268,487
Aug 20122,263192.662.91$209,692
Jul 20122,636185.133.02$224,406
Jun 20122,123179.822.52$169,460
May 20122,222191.612.49$203,560
Apr 20122,1291101.652.00$216,415
Mar 20123,1181105.052.22$327,548
Feb 20121,5331101.102.57$154,989
Jan 20122,440198.092.73$239,342
Dec 20112,945196.873.24$285,285

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                  351 bbl  × $106.41 =    $37,350
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $37,350

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/41059 is the state's own key, not one this site invented.