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SAGE

Operated by WALSH & WATTS, INC. (P-5 895060) in the BLOCK 12 field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 42485District 08Field 09250001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$10.3 M
Mar 2012 – May 2026
Value, last 12 filed months
$315 k
at the published price for each month
Months reported
171
no gaps in the span
Streams
2
oil, casinghead gas

The BLOCK 12 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 34 leases and 62 wells, and the rule below applies to all of them.

Discovered
1946-10-22
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 2010-12-17.

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: “NO PLATS REQUIRED FOR VERTICAL,BUT MUST KEY ACRES”

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
OilDisposition128,142 bbl$9,082,031
Casinghead gasProduction366,010 Mcf$1,258,586
Total$10,340,618

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 32.2444, -102.8629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.24442, -102.86292 · 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
8,593 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 7,801 and 9,385 ft, median 8,593 ft, over the 2 wells that filed a depth.

Completions filed
May 2012 – Mar 2013
2 of 2 wells

2 wells

42-0034426027,801 ftMar 2013——
42-0034336219,385 ftMay 2012——

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 (171)

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

171 months

May 202601,624106.413.05$4,946
Apr 202614687598.932.87$16,955
Mar 20263001,36089.753.15$31,208
Feb 20263651,29663.503.75$28,038
Jan 20263511,07259.138.00$29,328
Dec 20253431,37756.664.41$25,512
Nov 20255431,34958.593.93$37,111
Oct 20253541,42759.383.30$25,737
Sep 20253501,37062.743.08$26,174
Aug 20253291,41163.933.01$25,287
Jul 20255381,31666.743.32$40,269
Jun 202532793266.483.13$24,655
May 202535018460.553.23$21,787
Apr 202551579362.363.54$34,925
Mar 20251751,16067.704.27$16,799
Feb 20255421,04370.884.34$42,944
Jan 20253481,07274.324.28$30,450
Dec 202417275968.993.12$14,235
Nov 202434791969.052.20$25,981
Oct 202416794471.372.28$14,072
Sep 202436089169.612.36$27,166
Aug 20245281,01675.632.06$42,029
Jul 202433686979.932.15$28,722
Jun 20245241,13778.082.63$43,909
May 20241731,11678.812.20$16,088
Apr 202435991984.451.66$31,842
Mar 20245321,31680.301.55$44,753
Feb 202417493276.091.78$14,902
Jan 20243481,43673.023.30$30,146
Dec 2023078571.262.61$2,049
Nov 20235221,09477.892.81$43,730
Oct 20233371,20585.443.09$32,513
Sep 20231881,45889.042.74$20,727
Aug 20237041,73180.522.67$61,313
Jul 202333595974.852.64$27,608
Jun 202334434668.962.26$24,504
May 2023019770.622.23$439
Apr 202315536478.122.24$12,923
Mar 202317588572.852.39$14,867
Feb 202317649975.112.47$14,450
Jan 20233411,37476.533.39$30,751
Dec 20223571,37076.415.73$35,127
Nov 20223551,49085.005.65$38,588
Oct 20225561,55187.185.86$57,567
Sep 20223521,40884.888.16$41,372
Aug 20223581,58294.529.13$48,277
Jul 20223631,597101.587.54$48,918
Jun 20223641,554115.097.98$54,289
May 20225211,656109.378.43$70,947
Apr 20225351,326104.226.84$64,824
Mar 20225341,673108.885.08$66,635
Feb 20225721,58591.054.86$59,782
Jan 20223771,49481.844.54$37,633
Dec 20214992,01071.323.90$43,426
Nov 20217131,39677.435.24$62,518
Oct 20215321,60379.795.71$51,608
Sep 20215311,05769.865.35$42,752
Aug 20216821,62266.024.22$51,871
Jul 20215231,01470.783.98$41,056
Jun 20215171,48569.493.38$40,947
May 202153179763.483.02$36,113
Apr 20215251,51860.362.76$35,876
Mar 20215331,13661.302.72$35,759
Feb 202116559957.805.55$12,860
Jan 20217001,64750.412.81$39,916
Dec 20205241,73544.642.68$28,033
Nov 20205301,52338.772.71$24,670
Oct 20206891,57436.972.48$29,373
Sep 20207051,69737.091.99$29,527
Aug 20203441,76339.982.39$17,958
Jul 20205141,49238.371.83$22,445
Jun 20208801,18034.901.69$32,707
May 202001,36216.921.81$2,472
Apr 20203581,31714.751.80$7,657
Mar 20205341,77530.341.86$19,496
Feb 20205081,23049.881.98$27,775
Jan 20206951,93957.252.09$43,850
Dec 20191,2341,96459.012.30$77,344
Nov 20191591,93255.302.75$14,107
Oct 20196281,95353.472.42$38,303
Sep 201965130855.052.66$36,656
Aug 20193051,92853.112.30$20,641
Jul 20195371,95356.272.46$35,021
Jun 20197011,25452.782.49$40,123
May 20196741,25558.482.74$42,855
Apr 20196882,26762.632.75$49,325
Mar 20195131,77656.803.06$34,577
Feb 20196932,04650.852.79$40,952
Jan 20196991,85646.033.23$38,166
Dec 20185321,72646.594.19$32,010
Nov 20186781,96652.934.24$44,217
Oct 20186382,20661.443.40$46,695
Sep 20187081,90559.543.11$48,075
Aug 20188792,16359.403.07$58,846
Jul 20183252,19965.142.93$27,618
Jun 201852680860.183.08$34,141
May 20188432,23765.382.90$61,604
Apr 20186732,35263.842.90$49,787
Mar 20188842,42161.222.79$60,865
Feb 20186962,32461.782.77$49,427
Jan 20183392,51062.874.01$31,376
Dec 20171811,35957.272.92$14,336
Nov 20174932,17555.423.12$34,104
Oct 20171,2172,64849.292.98$67,887
Sep 20176822,90647.523.09$41,380
Aug 20177222,51745.373.00$40,319
Jul 20175572,58243.873.09$32,407
Jun 20178623,12042.493.09$46,259
May 20173412,45845.373.26$23,493
Apr 20179173,02347.933.21$53,660
Mar 20171,0303,15346.772.98$57,581
Feb 20177743,23950.452.95$48,612
Jan 20179873,61149.413.42$61,113
Dec 20161,0652,38648.763.72$60,812
Nov 20166582,30742.492.64$34,059
Oct 20169421,06946.193.09$46,814
Sep 20168242,33841.553.10$41,486
Aug 20166533,16841.442.92$36,325
Jul 20168283,26841.622.92$44,018
Jun 20161,08579245.352.69$51,332
May 20169132,80742.521.99$44,410
Apr 20161,5863,22736.561.99$64,409
Mar 20163453,02433.011.79$16,814
Feb 20161,3661,81126.472.06$39,895
Jan 20168652,89927.352.36$30,512
Dec 20156642,00232.362.00$25,494
Nov 20158692,95138.792.17$40,104
Oct 20159635,19843.552.43$54,552
Sep 201517288842.992.76$9,844
Aug 20151,1783,60840.162.87$57,672
Jul 20151,2053,63548.152.95$68,726
Jun 20151,0353,63256.152.88$68,586
May 20158733,38155.212.96$58,191
Apr 20158663,59449.822.71$52,872
Mar 20155341,71942.892.93$27,948
Feb 20157242,61244.662.98$40,108
Jan 20151,2152,98043.433.10$62,007
Dec 20141,0633,88154.693.59$72,074
Nov 20145472,91970.464.25$50,953
Oct 20141,2282,63478.303.90$106,428
Sep 20147003,58886.164.05$74,827
Aug 20145293,85889.394.04$62,855
Jul 20141,0473,86296.564.18$117,240
Jun 20148733,88698.164.74$104,101
May 20141,0423,43994.734.73$114,963
Apr 20141,2263,69695.944.81$135,397
Mar 20141,0653,52395.895.06$119,938
Feb 20141,0673,59097.406.19$126,155
Jan 20141,7894,05390.404.86$181,426
Dec 20131,7653,99691.824.35$179,463
Nov 20131,60020488.853.74$142,923
Oct 20131,8055,08497.423.78$195,057
Sep 20131,9324,961104.113.72$219,584
Aug 20132,1425,438104.253.52$242,459
Jul 20132,2695,033102.523.72$251,329
Jun 20131,9354,76794.403.93$201,415
May 20132,4265,76594.834.15$253,977
Apr 20132,4695,51293.964.28$255,593
Mar 20131,6524,56493.623.91$172,519
Feb 20131,7674,16991.233.42$175,461
Jan 20132,1484,18591.603.42$211,069
Dec 20121,4503,57386.773.42$138,037
Nov 20122,3664,08786.953.62$220,539
Oct 20121,5782,99289.383.40$151,213
Sep 20121,2142,31594.672.92$121,685
Aug 20121,9783,92592.662.91$194,696
Jul 20121,9593,30085.133.02$176,738
Jun 20122,3433,36079.822.52$195,482
May 20127991,04091.612.49$75,784
Apr 20127451,714101.652.00$79,152
Mar 20121,0814,132105.052.22$122,741

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                    0 bbl  × $106.41 =         $0
Casinghead gas     1,624 Mcf  × $  3.05 =     $4,946

────────────────────────────────────────────────────
Month total                                   $4,946

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/42485 is the state's own key, not one this site invented.