PIRATE U 13-13

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the SHAFTER LAKE (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 49089District 08Field 82570500Hydrogen sulphide fieldOilSaveExport
Value, all time
$5.5 M
May 2017 – May 2026
Value, last 12 filed months
$131 k
at the published price for each month
Months reported
109
no gaps in the span
Streams
1
oil

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 194 leases and 1,113 wells, and the rule below applies to all of them.

Discovered
1953-04-01
as the register files it
Field class
Oil
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 2014-01-07.

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: DIAGONAL LIMITATION, TOP ALLOWABLE ADJUSTED.

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
OilDisposition93,579 bbl$5,497,057
Total$5,497,057

Wells on this lease (5)

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 32.4057, -102.7227. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.40574, -102.72254 · 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
5,020 ft
5 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.
5100.0%

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 4,916 and 5,330 ft, median 5,020 ft, over the 5 wells that filed a depth.

Completions filed
May 2017 – Dec 2018
5 of 5 wells

5 wells

42-0034755555,330 ftDec 2018
42-0034754145,020 ftJan 2018
42-0034754035,034 ftOct 2017
42-0034745424,916 ftJun 2017
42-0034745315,020 ftMay 2017

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 (109)

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

109 months

May 2026162106.413.05$17,238
Apr 202616398.932.87$16,126
Mar 202615789.753.15$14,091
Feb 202633363.503.75$21,146
Jan 202616059.138.00$9,461
Dec 202516856.664.41$9,519
Nov 202517158.593.93$10,019
Oct 202517059.383.30$10,095
Sep 2025062.743.08$0
Aug 202516663.933.01$10,612
Jul 202518966.743.32$12,614
Jun 2025066.483.13$0
May 202533760.553.23$20,405
Apr 202516662.363.54$10,352
Mar 202517767.704.27$11,983
Feb 202516370.884.34$11,553
Jan 202516074.324.28$11,891
Dec 202417268.993.12$11,866
Nov 202419469.052.20$13,396
Oct 202415971.372.28$11,348
Sep 202416669.612.36$11,555
Aug 202416175.632.06$12,176
Jul 202416479.932.15$13,109
Jun 202433178.082.63$25,844
May 202417278.812.20$13,555
Apr 20249484.451.66$7,938
Mar 202433280.301.55$26,660
Feb 202417276.091.78$13,087
Jan 202433673.023.30$24,535
Dec 202316171.262.61$11,473
Nov 202316177.892.81$12,540
Oct 202332485.443.09$27,683
Sep 202333489.042.74$29,739
Aug 202332880.522.67$26,411
Jul 202333674.852.64$25,150
Jun 202334768.962.26$23,929
May 202353870.622.23$37,994
Apr 202336178.122.24$28,201
Mar 202337472.852.39$27,246
Feb 202335575.112.47$26,664
Jan 202318776.533.39$14,311
Dec 202236076.415.73$27,508
Nov 202254585.005.65$46,325
Oct 202237587.185.86$32,693
Sep 202247384.888.16$40,148
Aug 202252494.529.13$49,528
Jul 2022672101.587.54$68,262
Jun 2022699115.097.98$80,448
May 2022891109.378.43$97,449
Apr 2022810104.226.84$84,418
Mar 2022663108.885.08$72,187
Feb 202267391.054.86$61,277
Jan 202267381.844.54$55,078
Dec 202152371.323.90$37,300
Nov 202169677.435.24$53,891
Oct 202149379.795.71$39,336
Sep 202167569.865.35$47,156
Aug 202152266.024.22$34,462
Jul 202169370.783.98$49,051
Jun 202113869.493.38$9,590
May 202135763.483.02$22,662
Apr 202183560.362.76$50,401
Mar 202170161.302.72$42,971
Feb 202173457.805.55$42,425
Jan 20211,03950.412.81$52,376
Dec 202091744.642.68$40,935
Nov 20201,02138.772.71$39,584
Oct 202099936.972.48$36,933
Sep 20201,02737.091.99$38,091
Aug 20201,02439.982.39$40,940
Jul 20201,18038.371.83$45,277
Jun 202084034.901.69$29,316
May 20201,11516.921.81$18,866
Apr 20201,38614.751.80$20,444
Mar 20201,32830.341.86$40,292
Feb 20201,52749.881.98$76,167
Jan 20201,80557.252.09$103,336
Dec 20191,69659.012.30$100,081
Nov 20191,21155.302.75$66,968
Oct 20191,65453.472.42$88,439
Sep 20191,03055.052.66$56,702
Aug 20191,35853.112.30$72,123
Jul 20191,67456.272.46$94,196
Jun 20191,00152.782.49$52,833
May 20191,00758.482.74$58,889
Apr 20191,22062.632.75$76,409
Mar 20191,35956.803.06$77,191
Feb 20191,19650.852.79$60,817
Jan 20191,35146.033.23$62,187
Dec 20181,69546.594.19$78,970
Nov 20181,74552.934.24$92,363
Oct 20182,28861.443.40$140,575
Sep 20182,43859.543.11$145,159
Aug 20182,24059.403.07$133,056
Jul 20182,59765.142.93$169,169
Jun 20182,10760.183.08$126,799
May 20182,46165.382.90$160,900
Apr 20182,29363.842.90$146,385
Mar 20182,43561.222.79$149,071
Feb 20181,38561.782.77$85,565
Jan 20181,55262.874.01$97,574
Dec 20171,42057.272.92$81,323
Nov 20171,74055.423.12$96,431
Oct 20172,46349.292.98$121,401
Sep 20172,61247.523.09$124,122
Aug 20173,04645.373.00$138,197
Jul 20172,56643.873.09$112,570
Jun 201770542.493.09$29,955
May 2017045.373.26$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                  162 bbl  × $106.41 =    $17,238

────────────────────────────────────────────────────
Month total                                  $17,238

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/49089 is the state's own key, not one this site invented.