ZACHARY ESTATE

Operated by MAS OPERATING CO. (P-5 531346) in the KEYSTONE (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48041District 08Field 49129150OilCasinghead gasSaveExport
Value, all time
$3.8 M
Sep 2015 – May 2026
Value, last 12 filed months
$190 k
at the published price for each month
Months reported
129
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 38 leases and 425 wells, and the rule below applies to all of them.

Discovered
2015-08-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2016-01-01.

The Commission's schedule remark for this field reads: RULE.

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
OilDisposition48,022 bbl$2,806,780
Casinghead gasProduction275,450 Mcf$954,208
Total$3,760,988

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 31.8699, -103.0787. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.86986, -103.07868 · 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
7,160 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 6,025 and 8,294 ft, median 7,160 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2009 – Mar 2015
2 of 2 wells

2 wells

42-4951000518,294 ftMar 2015
42-4953328326,025 ftApr 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 (129)

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

129 months

May 20263430106.413.05$36,499
Apr 2026163098.932.87$16,126
Mar 2026171089.753.15$15,347
Feb 2026168063.503.75$10,668
Jan 2026180059.138.00$10,643
Dec 2025169056.664.41$9,576
Nov 2025351058.593.93$20,565
Oct 2025189059.383.30$11,223
Sep 2025350062.743.08$21,959
Aug 202517323163.933.01$11,756
Jul 202518420066.743.32$12,943
Jun 2025184066.483.13$12,232
May 2025166060.553.23$10,051
Apr 2025375062.363.54$23,385
Mar 2025171067.704.27$11,577
Feb 2025373070.884.34$26,438
Jan 202535895174.324.28$30,676
Dec 2024184068.993.12$12,694
Nov 20241801,81169.052.20$16,410
Oct 2024185071.372.28$13,203
Sep 2024374069.612.36$26,034
Aug 2024374075.632.06$28,286
Jul 2024186079.932.15$14,867
Jun 2024364078.082.63$28,421
May 202417362478.812.20$15,006
Apr 202435162484.451.66$30,677
Mar 20241751,56380.301.55$16,468
Feb 202416080076.091.78$13,601
Jan 2024036373.023.30$1,197
Dec 20231711,30971.262.61$15,603
Nov 20231791,35477.892.81$17,744
Oct 20233391,72785.443.09$34,296
Sep 202317249789.042.74$16,674
Aug 2023343080.522.67$27,618
Jul 20233341,41174.852.64$28,727
Jun 20233411,14868.962.26$26,108
May 20231492,06270.622.23$15,115
Apr 20233441,82378.122.24$30,953
Mar 20233481,48872.852.39$28,913
Feb 20231781,36375.112.47$16,730
Jan 20233471,88476.533.39$32,938
Dec 20223421,73876.415.73$36,089
Nov 2022296085.005.65$25,160
Oct 2022340087.185.86$29,641
Sep 20221721,47784.888.16$26,657
Aug 20223522,06194.529.13$52,082
Jul 20224961,799101.587.54$63,952
Jun 20221651,598115.097.98$31,737
May 20223285,061109.378.43$78,553
Apr 20221862,618104.226.84$37,286
Mar 20223444,450108.885.08$60,045
Feb 20223343,05091.054.86$45,230
Jan 20221693,27181.844.54$28,674
Dec 20213341,75871.323.90$30,676
Nov 20214941,09977.435.24$44,006
Oct 202101,34779.795.71$7,697
Sep 20214831,78469.865.35$43,288
Aug 202133210,68766.024.22$67,024
Jul 20214962,79570.783.98$46,237
Jun 2021331069.493.38$23,001
May 2021336063.483.02$21,329
Apr 20213371,13660.362.76$23,475
Mar 2021367061.302.72$22,497
Feb 20211691,00057.805.55$15,316
Jan 20215241,42450.412.81$30,417
Dec 20203541,72344.642.68$20,412
Nov 2020174038.772.71$6,746
Oct 2020500036.972.48$18,485
Sep 202032569537.091.99$13,438
Aug 20201821,02339.982.39$9,716
Jul 2020541038.371.83$20,758
Jun 2020354034.901.69$12,355
May 2020177016.921.81$2,995
Apr 2020163014.751.80$2,404
Mar 2020474030.341.86$14,381
Feb 2020529049.881.98$26,387
Jan 2020350057.252.09$20,038
Dec 20196841,97659.012.30$44,916
Nov 20191751,94255.302.75$15,019
Oct 20196841,25153.472.42$39,599
Sep 2019692055.052.66$38,095
Aug 20195251,65853.112.30$31,703
Jul 2019172056.272.46$9,678
Jun 2019173052.782.49$9,131
May 2019176058.482.74$10,292
Apr 20193421,65862.632.75$25,980
Mar 2019339056.803.06$19,255
Feb 20193412,21150.852.79$23,513
Jan 20195122,29146.033.23$30,963
Dec 201849311,25746.594.19$70,084
Nov 20185341,08552.934.24$32,862
Oct 20186862,53161.443.40$50,748
Sep 20181511,59259.543.11$13,938
Aug 20186493,00959.403.07$47,778
Jul 20185152,93165.142.93$42,140
Jun 20186982,19860.183.08$48,769
May 20181772,46165.382.90$18,711
Apr 20188733,49263.842.90$65,862
Mar 20183433,74661.222.79$31,438
Feb 20185243,28161.782.77$41,448
Jan 20185273,39462.874.01$46,740
Dec 20177069,57957.272.92$68,418
Nov 201734410,71255.423.12$52,468
Oct 201770211,88449.292.98$70,060
Sep 20173448,33847.523.09$42,089
Aug 201770510,54345.373.00$63,661
Jul 201735413,11743.873.09$56,026
Jun 201732310,44542.493.09$45,971
May 201752611,71245.373.26$62,086
Apr 201771110,43247.933.21$67,582
Mar 20175392,76346.772.98$33,453
Feb 201763713,78250.452.95$72,829
Jan 201771213,82649.413.42$82,448
Dec 20161,065048.763.72$51,929
Nov 2016159042.492.64$6,756
Oct 2016171046.193.09$7,898
Sep 2016511041.553.10$21,232
Aug 2016534041.442.92$22,129
Jul 2016521041.622.92$21,684
Jun 20164961,59945.352.69$26,788
May 20163501,88142.521.99$18,627
Apr 20164821,88736.561.99$21,379
Mar 20165032,03633.011.79$20,257
Feb 20165271,88126.472.06$17,831
Jan 20166602,18127.352.36$23,208
Dec 20155022,21732.362.00$20,682
Nov 20155151,27738.792.17$22,745
Oct 20154882,56743.552.43$27,481
Sep 20151,081042.992.76$46,472

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                  343 bbl  × $106.41 =    $36,499
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $36,499

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/48041 is the state's own key, not one this site invented.