TXL "L" A/C 2

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

Oil lease lease 49726District 08Field 35659625Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$597 k
Mar 2018 – May 2026
Value, last 12 filed months
$74 k
at the published price for each month
Months reported
99
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 113 leases and 282 wells, and the rule below applies to all of them.

Discovered
1956-03-15
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 2011-05-09.

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: ACTUAL MOVE WILL BE 3/01/2018.

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
OilDisposition6,729 bbl$441,258
Casinghead gasProduction46,691 Mcf$156,152
Total$597,410

Wells on this lease (3)

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 31.9378, -102.7464. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.93810, -102.74597 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,777 ft
3 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.
3100.0%

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 7,920 and 9,777 ft, median 9,777 ft, over the 3 wells that filed a depth.

Completions filed
Feb 1976 – Mar 2010
3 of 3 wells

3 wells

42-1350895039,777 ftMar 2010
42-13505936257,920 ftAug 2002
42-1350591319,777 ftFeb 1976

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 (99)

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

99 months

May 20260663106.413.05$2,019
Apr 2026063998.932.87$1,834
Mar 2026068889.753.15$2,167
Feb 202617760763.503.75$13,516
Jan 2026068159.138.00$5,447
Dec 202518466756.664.41$13,369
Nov 2025063058.593.93$2,474
Oct 2025065859.383.30$2,175
Sep 202517562462.743.08$12,900
Aug 2025061463.933.01$1,851
Jul 2025062166.743.32$2,059
Jun 202518160766.483.13$13,932
May 2025067360.553.23$2,175
Apr 202534965862.363.54$24,095
Mar 2025069167.704.27$2,949
Feb 2025062770.884.34$2,722
Jan 2025072974.324.28$3,119
Dec 202418374568.993.12$14,951
Nov 2024066769.052.20$1,466
Oct 2024067271.372.28$1,533
Sep 202417486569.612.36$14,157
Aug 202401,27675.632.06$2,633
Jul 20241781,02779.932.15$16,432
Jun 2024067978.082.63$1,788
May 202418169078.812.20$15,782
Apr 2024063384.451.66$1,050
Mar 2024064080.301.55$989
Feb 2024062676.091.78$1,117
Jan 202418170673.023.30$15,545
Dec 2023038271.262.61$997
Nov 202317930977.892.81$14,810
Oct 2023034685.443.09$1,068
Sep 202306789.042.74$183
Aug 202317956380.522.67$15,918
Jul 2023060674.852.64$1,601
Jun 202318160768.962.26$13,853
May 2023059570.622.23$1,325
Apr 2023043978.122.24$982
Mar 202317439872.852.39$13,628
Feb 2023033675.112.47$828
Jan 202317442476.533.39$14,753
Dec 2022044976.415.73$2,572
Nov 2022047185.005.65$2,659
Oct 202217745987.185.86$18,122
Sep 2022042684.888.16$3,478
Aug 202217236194.529.13$19,552
Jul 20220300101.587.54$2,263
Jun 20220351115.097.98$2,800
May 20220285109.378.43$2,403
Apr 2022175277104.226.84$20,133
Mar 20220501108.885.08$2,543
Feb 2022058691.054.86$2,847
Jan 202217265781.844.54$17,058
Dec 2021070771.323.90$2,757
Nov 2021064677.435.24$3,383
Oct 202117260379.795.71$17,169
Sep 2021035769.865.35$1,910
Aug 202117243566.024.22$13,191
Jul 2021013970.783.98$554
Jun 202117644869.493.38$13,745
May 2021043163.483.02$1,301
Apr 2021049060.362.76$1,352
Mar 202117417761.302.72$11,147
Feb 2021020057.805.55$1,110
Jan 202117346250.412.81$10,019
Dec 2020049444.642.68$1,322
Nov 2020049838.772.71$1,348
Oct 202017164136.972.48$7,911
Sep 2020060837.091.99$1,211
Aug 202011774339.982.39$6,450
Jul 2020047038.371.83$858
Jun 2020050134.901.69$847
May 2020069916.921.81$1,269
Apr 20206964214.751.80$2,176
Mar 2020079130.341.86$1,468
Feb 20209031949.881.98$5,121
Jan 2020031757.252.09$664
Dec 2019027759.012.30$638
Nov 20198821855.302.75$5,466
Oct 201917234953.472.42$10,041
Sep 2019035355.052.66$938
Aug 2019011353.112.30$260
Jul 2019022456.272.46$551
Jun 201922417652.782.49$12,261
May 2019050458.482.74$1,381
Apr 2019041362.632.75$1,136
Mar 20196067056.803.06$5,460
Feb 201917116950.852.79$9,167
Jan 20194812746.033.23$2,619
Dec 20181896046.594.19$9,057
Nov 2018912752.934.24$4,931
Oct 2018918161.443.40$5,866
Sep 2018448859.543.11$2,893
Aug 20181723459.403.07$10,321
Jul 2018424965.142.93$2,880
Jun 201813612260.183.08$8,560
May 201809265.382.90$267
Apr 20181116763.842.90$7,281
Mar 201823016261.222.79$14,532

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                    0 bbl  × $106.41 =         $0
Casinghead gas       663 Mcf  × $  3.05 =     $2,019

────────────────────────────────────────────────────
Month total                                   $2,019

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/49726 is the state's own key, not one this site invented.