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VETO

Operated by U.S. ENERGY DEVELOPMENT CORP (P-5 875462) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 48412District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$29.2 M
Oct 2016 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
116
no gaps in the span
Streams
2
oil, casinghead gas

The WOLFBONE (TREND AREA) 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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
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 40 acres. The field rule took effect on 2015-04-08.

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: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
OilDisposition465,497 bbl$26,098,295
Casinghead gasProduction961,285 Mcf$3,069,666
Total$29,167,961

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 31.3031, -103.3864. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.30314, -103.38637 · 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
10,779 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 10,779 ft.

Completions filed
Oct 2016
1 of 1 wells

1 well

42-389352631301H10,779 ftOct 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 (116)

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

116 months

May 20262,0953,296106.413.05$232,968
Apr 20261,0051,77298.932.87$104,510
Mar 20262,2005,10789.753.15$213,534
Feb 20262,2555,93263.503.75$165,439
Jan 20262,2296,08459.138.00$180,460
Dec 20252,1696,37256.664.41$151,017
Nov 20252,4585,70258.593.93$166,403
Oct 20252,5294,96759.383.30$166,587
Sep 20252,3214,29662.743.08$158,838
Aug 20252,6324,57563.933.01$182,056
Jul 20253,0374,73766.743.32$218,393
Jun 2025154,48366.483.13$15,023
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 202456068.993.12$3,863
Nov 20241,7192,12069.052.20$123,358
Oct 20242,8463,71971.372.28$211,604
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20242,0535,89780.301.55$173,968
Feb 20241,9925,18676.091.78$160,821
Jan 20242,1254,72373.023.30$170,742
Dec 20231,8845,04671.262.61$147,428
Nov 20231,9925,43877.892.81$170,424
Oct 20231,8316,28085.443.09$175,829
Sep 20232,2757,02889.042.74$221,788
Aug 20232,0506,39280.522.67$182,151
Jul 20232,3656,51874.852.64$194,240
Jun 20232,1315,56068.962.26$159,511
May 20232,6068,73870.622.23$203,499
Apr 20232,4579,34178.122.24$212,844
Mar 20232,9419,23972.852.39$236,362
Feb 20232,6026,03875.112.47$210,324
Jan 20232,6485,18076.533.39$220,200
Dec 20223,7435,24776.415.73$316,063
Nov 20220085.005.65$0
Oct 20221,3572,40687.185.86$132,411
Sep 20222,6385,64684.888.16$270,006
Aug 20223,1615,78794.529.13$351,597
Jul 20223,8155,277101.587.54$427,327
Jun 20225871,028115.097.98$75,758
May 2022890109.378.43$9,734
Apr 202200104.226.84$0
Mar 20221,9733,530108.885.08$232,740
Feb 20222,5135,14091.054.86$253,783
Jan 20222,5833,92581.844.54$229,203
Dec 20212,6913,98371.323.90$207,452
Nov 20218431777.435.24$8,164
Oct 20211,2122,32379.795.71$109,979
Sep 20212,2876,57569.865.35$194,952
Aug 20212,6047,03366.024.22$201,599
Jul 20212,7527,03070.783.98$222,781
Jun 20212,3357,30869.493.38$186,965
May 20212,7898,58763.483.02$202,958
Apr 20212,5148,16160.362.76$174,257
Mar 20213,2077,79861.302.72$217,776
Feb 20211,7234,28157.805.55$123,340
Jan 20212,8906,28750.412.81$163,353
Dec 20202,7496,97544.642.68$141,377
Nov 20202,7977,90938.772.71$129,846
Oct 20202,8485,86236.972.48$119,819
Sep 20202,6556,02337.091.99$110,466
Aug 20203,1526,39139.982.39$141,260
Jul 20202,7876,54138.371.83$118,875
Jun 20202,7056,25434.901.69$104,976
May 20203,1647,49016.921.81$67,127
Apr 20203,3767,64614.751.80$63,592
Mar 20203,2297,24830.341.86$111,422
Feb 20202,8385,71349.881.98$152,875
Jan 20203,5326,23257.252.09$215,261
Dec 20193,4517,02059.012.30$219,820
Nov 20193,8176,18755.302.75$228,099
Oct 20194,0356,78053.472.42$232,149
Sep 20193,8866,10255.052.66$230,139
Aug 201911958053.112.30$7,657
Jul 201971056.272.46$3,995
Jun 20193,5709,04852.782.49$210,965
May 20195,47713,41858.482.74$357,065
Apr 20195,57312,89762.632.75$384,513
Mar 20195,87813,90556.803.06$376,449
Feb 20195,01510,66850.852.79$284,800
Jan 20195,21913,25746.033.23$283,027
Dec 20185,28915,00746.594.19$309,225
Nov 20185,41212,69052.934.24$340,228
Oct 20188,49925,59561.443.40$609,152
Sep 20184,7619,13759.543.11$311,868
Aug 20186,30613,14659.403.07$414,889
Jul 20186,42813,62565.142.93$458,667
Jun 20186,50113,27160.183.08$432,064
May 20186,87613,52865.382.90$488,795
Apr 20186,82014,00963.842.90$476,026
Mar 20187,47315,01761.222.79$499,347
Feb 20186,67213,06461.782.77$448,333
Jan 20187,31413,33862.874.01$513,307
Dec 20177,41813,09957.272.92$463,098
Nov 20176,98311,87955.423.12$424,041
Oct 20177,77014,29049.292.98$425,620
Sep 20177,67915,17547.523.09$411,756
Aug 20177,69713,23345.373.00$388,970
Jul 20176,84012,13543.873.09$337,535
Jun 201710,10223,17142.493.09$500,769
May 201712,10528,31945.373.26$641,620
Apr 201711,89424,89247.933.21$650,023
Mar 201710,15419,66746.772.98$533,583
Feb 201713,16022,12050.452.95$729,234
Jan 201715,25328,28049.413.42$850,334
Dec 201621,55935,17048.763.72$1,182,149
Nov 201631,21147,67542.492.64$1,452,225
Oct 201622,31333,17246.193.09$1,133,148

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                2,095 bbl  × $106.41 =   $222,929
Casinghead gas     3,296 Mcf  × $  3.05 =    $10,039

────────────────────────────────────────────────────
Month total                                 $232,968

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/48412 is the state's own key, not one this site invented.