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ERWIN-WALTON

Operated by PBEX-MCM OPERATING, LLC (P-5 102954) in the AZALEA (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 51981District 08Field 04605666OilCasinghead gasSaveExport
Value, all time
$6.6 M
Mar 2018 – May 2026
Value, last 12 filed months
$474 k
at the published price for each month
Months reported
99
no gaps in the span
Streams
2
oil, casinghead gas

The AZALEA (STRAWN) 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 71 leases and 76 wells, and the rule below applies to all of them.

Discovered
1956-03-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 09/01/96.”

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
OilDisposition87,902 bbl$5,998,665
Casinghead gasProduction163,168 Mcf$568,221
Total$6,566,886

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 31.8230, -101.8058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.82304, -101.80577 · 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
10,774 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 10,774 ft.

Completions filed
Mar 2018
1 of 1 wells

1 well

42-32942032210,774 ftMar 2018——

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 2026512637106.413.05$56,422
Apr 202652359098.932.87$53,434
Mar 202652754489.753.15$49,012
Feb 202636443563.503.75$24,745
Jan 202650747659.138.00$33,786
Dec 202570573256.664.41$43,176
Nov 202553051458.593.93$33,071
Oct 202534658559.383.30$22,479
Sep 202551646362.743.08$33,798
Aug 202571383463.933.01$48,096
Jul 20258831,13766.743.32$62,701
Jun 202518054866.483.13$13,681
May 20255321,04860.553.23$35,600
Apr 202571296162.363.54$47,805
Mar 20258961,22467.704.27$65,884
Feb 20251,0611,10670.884.34$80,005
Jan 20258941,06174.324.28$70,982
Dec 20248921,44068.993.12$66,034
Nov 20248811,20869.052.20$63,489
Oct 202487360371.372.28$63,682
Sep 20240069.612.36$0
Aug 202482555275.632.06$63,534
Jul 202473087079.932.15$60,216
Jun 20241,0411,76078.082.63$85,917
May 20247111,49478.812.20$59,318
Apr 20247341,19284.451.66$63,964
Mar 20248911,86680.301.55$74,431
Feb 20247532,49276.091.78$61,741
Jan 20241,2862,82373.023.30$103,213
Dec 20239531,65471.262.61$72,229
Nov 20231,0881,38077.892.81$88,619
Oct 20237081,93785.443.09$66,472
Sep 202316643589.042.74$15,970
Aug 20238701,84980.522.67$74,995
Jul 20231,2112,18374.852.64$96,410
Jun 20234911,03968.962.26$36,206
May 20235291,21070.622.23$40,053
Apr 20231,2071,80278.122.24$98,323
Mar 20239903,08672.852.39$79,507
Feb 20231,0781,91275.112.47$85,683
Jan 20231,0322,22476.533.39$86,513
Dec 20227101,65176.415.73$63,710
Nov 202256071685.005.65$51,643
Oct 20221,0571,60487.185.86$101,555
Sep 20226631,47384.888.16$68,301
Aug 20221,0371,95194.529.13$115,824
Jul 20221,0691,964101.587.54$123,402
Jun 20221,0452,088115.097.98$136,925
May 20221,3801,643109.378.43$164,786
Apr 20221,0372,350104.226.84$124,145
Mar 20221,3941,920108.885.08$161,525
Feb 20226891,24891.054.86$68,797
Jan 20223421,06281.844.54$32,808
Dec 20212,0462,32471.323.90$154,982
Nov 20211,3632,58877.435.24$119,090
Oct 20211,3632,95579.795.71$125,638
Sep 20211,5342,31369.865.35$119,542
Aug 20212,0062,63266.024.22$143,545
Jul 20211,3632,02770.783.98$104,545
Jun 20211,8872,45569.493.38$139,427
May 20211,3721,73363.483.02$92,324
Apr 202151753160.362.76$32,671
Mar 20218491,19361.302.72$55,285
Feb 202133353957.805.55$22,238
Jan 20217151,09850.412.81$39,129
Dec 20206851,31344.642.68$34,091
Nov 20208641,44138.772.71$37,397
Oct 20208561,50836.972.48$35,384
Sep 20203431,16137.091.99$15,033
Aug 20208511,35239.982.39$37,248
Jul 20205141,44838.371.83$22,365
Jun 20209791,52834.901.69$36,750
May 20206591,52116.921.81$13,911
Apr 20206831,31814.751.80$12,452
Mar 20209821,15530.341.86$31,938
Feb 20208781,63749.881.98$47,037
Jan 20201,2141,39557.252.09$72,424
Dec 20191,0531,68459.012.30$66,018
Nov 20191,2351,85755.302.75$73,404
Oct 20191,0641,70453.472.42$61,013
Sep 201949651355.052.66$28,668
Aug 20195181,37253.112.30$30,673
Jul 20198593,15756.272.46$56,102
Jun 20198702,47652.782.49$52,087
May 20191,0403,08458.482.74$69,270
Apr 20196971,75462.632.75$48,478
Mar 20191,0463,10156.803.06$68,908
Feb 20195461,36550.852.79$31,575
Jan 2019018846.033.23$607
Dec 20181,0591,69946.594.19$56,450
Nov 20188772,94852.934.24$58,911
Oct 20181,3963,29861.443.40$96,977
Sep 20181,0403,06559.543.11$71,448
Aug 20181,1903,30159.403.07$80,809
Jul 20181,2153,38065.142.93$89,055
Jun 20181,2113,21060.183.08$82,755
May 20181,3363,27565.382.90$96,848
Apr 20181,1713,07363.842.90$83,671
Mar 20181,8034,92361.222.79$124,099

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                  512 bbl  × $106.41 =    $54,482
Casinghead gas       637 Mcf  × $  3.05 =     $1,940

────────────────────────────────────────────────────
Month total                                  $56,422

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/51981 is the state's own key, not one this site invented.