JOE

Operated by P.O.&G. OPERATING, LLC (P-5 631506) 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 43954District 08Field 95138001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$389 k
Feb 2012 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
172
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 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
OilDisposition5,486 bbl$386,929
Casinghead gasProduction662 Mcf$1,818
Total$388,747

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 31.3586, -102.8929. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35859, -102.89295 · 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
2,520 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 2,520 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-4753593912,520 ftFeb 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 (172)

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

172 months

May 2026390106.413.05$4,150
Apr 202638098.932.87$3,759
Mar 202638089.753.15$3,411
Feb 20260063.503.75$0
Jan 202638059.138.00$2,247
Dec 20250056.664.41$0
Nov 202541058.593.93$2,402
Oct 202539059.383.30$2,316
Sep 202540062.743.08$2,510
Aug 202540063.933.01$2,557
Jul 20250066.743.32$0
Jun 202543066.483.13$2,859
May 20250060.553.23$0
Apr 202541062.363.54$2,557
Mar 202541067.704.27$2,776
Feb 20250070.884.34$0
Jan 202541074.324.28$3,047
Dec 202441068.993.12$2,829
Nov 202440069.052.20$2,762
Oct 202440071.372.28$2,855
Sep 20240069.612.36$0
Aug 202437075.632.06$2,798
Jul 202439079.932.15$3,117
Jun 202440078.082.63$3,123
May 202439078.812.20$3,074
Apr 202440084.451.66$3,378
Mar 202440080.301.55$3,212
Feb 202434076.091.78$2,587
Jan 20240073.023.30$0
Dec 202340071.262.61$2,850
Nov 202338077.892.81$2,960
Oct 20230085.443.09$0
Sep 202338089.042.74$3,384
Aug 202334080.522.67$2,738
Jul 202336074.852.64$2,695
Jun 202338068.962.26$2,620
May 202338070.622.23$2,684
Apr 20230078.122.24$0
Mar 202339072.852.39$2,841
Feb 202339075.112.47$2,929
Jan 202377076.533.39$5,893
Dec 202235076.415.73$2,674
Nov 20220085.005.65$0
Oct 202236087.185.86$3,138
Sep 202240084.888.16$3,395
Aug 202240094.529.13$3,781
Jul 202200101.587.54$0
Jun 2022360115.097.98$4,143
May 2022380109.378.43$4,156
Apr 2022380104.226.84$3,960
Mar 202200108.885.08$0
Feb 202237091.054.86$3,369
Jan 202238081.844.54$3,110
Dec 202138071.323.90$2,710
Nov 20210077.435.24$0
Oct 202141079.795.71$3,271
Sep 202140069.865.35$2,794
Aug 202139066.024.22$2,575
Jul 202139070.783.98$2,760
Jun 202140069.493.38$2,780
May 202139063.483.02$2,476
Apr 202135060.362.76$2,113
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 20200016.921.81$0
Apr 202063014.751.80$929
Mar 20200030.341.86$0
Feb 202032049.881.98$1,596
Jan 202031057.252.09$1,775
Dec 201932059.012.30$1,888
Nov 201932055.302.75$1,770
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201944058.482.74$2,573
Apr 2019165062.632.75$10,334
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018166052.934.24$8,786
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018164065.382.90$10,722
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017163049.292.98$8,034
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017167045.373.26$7,577
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016166048.763.72$8,094
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016167041.622.92$6,951
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016161026.472.06$4,262
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015163043.552.43$7,099
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015153056.152.88$8,591
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015160044.662.98$7,146
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014153078.303.90$11,980
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014151096.564.18$14,581
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014163095.944.81$15,638
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014182090.404.86$16,453
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013178097.423.78$17,341
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013173094.403.93$16,331
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013169091.233.42$15,418
Jan 201305191.603.42$174
Dec 201205786.773.42$195
Nov 201205786.953.62$207
Oct 20121805189.383.40$16,262
Sep 201203394.672.92$96
Aug 20120092.662.91$0
Jul 201205985.133.02$178
Jun 201205479.822.52$136
May 20121739191.612.49$16,075
Apr 20120147101.652.00$294
Mar 2012062105.052.22$138
Feb 201200101.102.57$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                   39 bbl  × $106.41 =     $4,150
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $4,150

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/43954 is the state's own key, not one this site invented.