STEEPLE O '4'

Operated by WILLIAMS OIL COMPANY (P-5 925440) in the JANELLE, SE. (TUBB) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48312District 08Field 45680500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.6 M
Nov 2016 – May 2026
Value, last 12 filed months
$412 k
at the published price for each month
Months reported
115
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 30 leases and 75 wells, and the rule below applies to all of them.

Discovered
1962-10-13
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 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 2015-07-14.

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: LINE SPACING.

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
OilDisposition72,884 bbl$4,828,479
Casinghead gasProduction225,129 Mcf$783,590
Total$5,612,070

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 31.5665, -102.8468. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.56646, -102.84683 · 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
6,138 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 5,560 and 6,715 ft, median 6,138 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2016 – Feb 2019
2 of 2 wells

2 wells

42-4753779125,560 ftFeb 2019
42-4753708516,715 ftNov 2016

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 (115)

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

115 months

May 20264390106.413.05$46,714
Apr 2026557098.932.87$55,104
Mar 202655264889.753.15$51,583
Feb 20265591,00963.503.75$39,281
Jan 202601,25859.138.00$10,061
Dec 202551744456.664.41$31,253
Nov 2025350058.593.93$20,507
Oct 202536436259.383.30$22,811
Sep 202553378462.743.08$35,853
Aug 20255091,10663.933.01$35,875
Jul 20255111,26166.743.32$38,285
Jun 202534153566.483.13$24,344
May 20257001,13460.553.23$46,050
Apr 20253491,45162.363.54$26,905
Mar 20253871,62567.704.27$33,136
Feb 20255341,38170.884.34$43,845
Jan 20257131,05474.324.28$57,500
Dec 20243682,08868.993.12$31,906
Nov 20246942,11769.052.20$52,575
Oct 20243492,27371.372.28$30,094
Sep 20246812,26169.612.36$52,750
Aug 20248611,98575.632.06$69,214
Jul 20243541,50479.932.15$31,524
Jun 20246781,92978.082.63$58,019
May 20243282,31378.812.20$30,935
Apr 20247021,95384.451.66$62,524
Mar 20246612,35780.301.55$56,720
Feb 20245312,23676.091.78$44,392
Jan 20241761,97273.023.30$19,355
Dec 20233661,97971.262.61$31,248
Nov 20233951,82477.892.81$35,888
Oct 20237222,82985.443.09$70,422
Sep 20237203,28689.042.74$73,096
Aug 20233552,99380.522.67$36,585
Jul 20231,3003,27974.852.64$105,967
Jun 20233602,64068.962.26$30,788
May 20236982,49970.622.23$54,859
Apr 20236602,47278.122.24$57,091
Mar 20233302,49272.852.39$30,004
Feb 20231,1052,23675.112.47$88,510
Jan 20237562,83976.533.39$67,474
Dec 20221,0852,21776.415.73$95,606
Nov 20223392,60085.005.65$43,495
Oct 20221,0452,59687.185.86$106,325
Sep 20227292,26684.888.16$80,376
Aug 20227212,49594.529.13$90,921
Jul 20226902,344101.587.54$87,769
Jun 20221,1122,073115.097.98$144,517
May 20225801,847109.378.43$79,010
Apr 20225561,128104.226.84$65,659
Mar 20227642,954108.885.08$98,180
Feb 20227061,91691.054.86$73,591
Jan 20229573,00281.844.54$91,943
Dec 20211,0973,48971.323.90$91,842
Nov 20211,2122,72277.435.24$108,100
Oct 20218852,22379.795.71$83,316
Sep 20218932,86269.865.35$77,699
Aug 20211,3784,12566.024.22$108,385
Jul 20211,8934,59570.783.98$152,284
Jun 20211,3502,25469.493.38$101,431
May 20211,2141,66263.483.02$82,080
Apr 20213821,28260.362.76$26,594
Mar 20215641,31861.302.72$38,154
Feb 202117998057.805.55$15,783
Jan 20213661,38050.412.81$22,328
Dec 20205501,39344.642.68$28,279
Nov 20203861,42438.772.71$18,819
Oct 20205631,38336.972.48$24,242
Sep 20205431,34637.091.99$22,820
Aug 202035798539.982.39$16,622
Jul 20203331,15938.371.83$14,893
Jun 202066596534.901.69$24,840
May 2020075716.921.81$1,374
Apr 20203321,32414.751.80$7,286
Mar 20203471,46530.341.86$13,247
Feb 20205051,35049.881.98$27,863
Jan 20206621,43357.252.09$40,901
Dec 20191671,63559.012.30$13,622
Nov 20196641,59555.302.75$41,107
Oct 20193261,65753.472.42$21,439
Sep 20198081,75155.052.66$49,133
Aug 20194941,68553.112.30$30,119
Jul 20194951,62656.272.46$31,854
Jun 20194931,86052.782.49$30,654
May 20196651,61558.482.74$43,315
Apr 20197131,45362.632.75$48,652
Mar 20197111,45956.803.06$44,852
Feb 20197152,37150.852.79$42,978
Jan 20193701,66746.033.23$22,412
Dec 20188611,74446.594.19$47,413
Nov 20181901,59452.934.24$16,811
Oct 20187071,72661.443.40$49,303
Sep 20183601,26559.543.11$25,366
Aug 20183641,47959.403.07$26,157
Jul 20183531,89465.142.93$28,547
Jun 20185241,78560.183.08$37,027
May 20185392,01065.382.90$41,070
Apr 20185371,65363.842.90$39,077
Mar 20183541,63461.222.79$26,226
Feb 20183601,69761.782.77$26,935
Jan 20185421,99562.874.01$42,074
Dec 20175232,29257.272.92$36,648
Nov 20177132,40755.423.12$47,020
Oct 20177092,56249.292.98$42,591
Sep 20175382,54247.523.09$33,414
Aug 20177202,87445.373.00$41,301
Jul 20177062,38643.873.09$38,338
Jun 20177163,73842.493.09$41,963
May 20178854,38445.373.26$54,459
Apr 20171,2344,29847.933.21$72,949
Mar 20171,0623,93046.772.98$61,396
Feb 20171,0563,13050.452.95$62,517
Jan 20171,2443,17749.413.42$72,328
Dec 20161,9313,63148.763.72$107,673
Nov 20165301,20642.492.64$25,709

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                  439 bbl  × $106.41 =    $46,714
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $46,714

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/48312 is the state's own key, not one this site invented.