VEST RANCH A

Operated by BASIN OIL & GAS OPERATING, LLC (P-5 54430) in the ARENOSO (STRAWN DETRITUS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 52324District 08Field 03520500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.9 M
Jun 2019 – May 2026
Value, last 12 filed months
$741 k
at the published price for each month
Months reported
84
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 51 leases and 126 wells, and the rule below applies to all of them.

Discovered
1965-01-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres.

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.

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
OilDisposition66,898 bbl$4,476,478
Casinghead gasProduction416,670 Mcf$1,445,265
Total$5,921,742

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 31.7245, -102.8221. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.7 miles.

31.72409, -102.82273 · 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
8,800 ft
4 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 8,750 and 8,850 ft, median 8,800 ft, over the 4 wells that filed a depth.

Completions filed
Jun 1980 – May 2008
4 of 5 wells; 1 filed none

5 wells

42-495302073S
42-49533276228,850 ftMay 2008
42-49532726208,750 ftDec 1998
42-49531385178,850 ftOct 1981
42-4953112914A8,750 ftJun 1980

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 (84)

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

84 months

May 20267135,531106.413.05$92,717
Apr 20268955,26598.932.87$103,651
Mar 20265095,17389.753.15$61,975
Feb 20261,0574,53163.503.75$84,112
Jan 20265304,51259.138.00$67,426
Dec 20258624,09256.664.41$66,900
Nov 20255293,79158.593.93$45,879
Oct 202569298259.383.30$44,336
Sep 2025078462.743.08$2,412
Aug 20258784,26563.933.01$68,988
Jul 20255125,50066.743.32$52,404
Jun 20255135,14966.483.13$50,214
May 20251,0485,31460.553.23$80,633
Apr 20255285,05262.363.54$50,826
Mar 20251,2214,99867.704.27$103,995
Feb 20251,0924,39470.884.34$96,475
Jan 20253614,51374.324.28$46,139
Dec 20247084,49068.993.12$62,860
Nov 20241,0724,48769.052.20$83,886
Oct 20248914,50471.372.28$73,866
Sep 20241,0774,29369.612.36$85,120
Aug 20248944,12475.632.06$76,124
Jul 20241,0761,73979.932.15$89,738
Jun 20249232,38378.082.63$78,345
May 20245372,87878.812.20$48,648
Apr 20247072,81184.451.66$64,370
Mar 20241,0654,09080.301.55$91,839
Feb 20247133,93076.091.78$61,262
Jan 20245113,40473.023.30$48,538
Dec 2023067471.262.61$1,760
Nov 20237044,07977.892.81$66,287
Oct 202304,82285.443.09$14,887
Sep 20239265,87889.042.74$98,528
Aug 202303,98180.522.67$10,641
Jul 20235594,98074.852.64$54,997
Jun 20239063,34868.962.26$70,039
May 20233695,98870.622.23$39,396
Apr 20237544,49278.122.24$68,955
Mar 20235612,79772.852.39$47,563
Feb 20233724,36675.112.47$38,706
Jan 20239112,95276.533.39$79,719
Dec 20225574,94476.415.73$70,885
Nov 20229127,72285.005.65$121,120
Oct 202207,77887.185.86$45,608
Sep 20221,0474,50784.888.16$125,663
Aug 20226873,18594.529.13$94,005
Jul 20227213,407101.587.54$98,935
Jun 20225293,908115.097.98$92,058
May 20229115,225109.378.43$143,699
Apr 20227186,297104.226.84$117,886
Mar 20229164,840108.885.08$124,304
Feb 20227195,71091.054.86$93,209
Jan 20226987,80381.844.54$92,532
Dec 20219126,46271.323.90$90,240
Nov 20215333,68277.435.24$60,552
Oct 20218465,69479.795.71$100,037
Sep 20218334,03469.865.35$79,779
Aug 20216524,67466.024.22$62,772
Jul 20211,0265,29570.783.98$93,705
Jun 20219793,30669.493.38$79,207
May 20218244,24963.483.02$65,130
Apr 20211,1514,65560.362.76$82,315
Mar 20219976,19861.302.72$77,956
Feb 20216564,29357.805.55$61,734
Jan 20219625,19550.412.81$63,094
Dec 20201,4786,42744.642.68$83,173
Nov 20201,1357,22938.772.71$63,570
Oct 20201,3046,63436.972.48$64,651
Sep 20203085,10237.091.99$21,582
Aug 20206705,46439.982.39$39,819
Jul 20207293,45138.371.83$34,270
Jun 20207007,12034.901.69$36,465
May 20207525,09816.921.81$21,975
Apr 20206966,70414.751.80$22,363
Mar 20207027,46730.341.86$35,159
Feb 20201,1285,78649.881.98$67,725
Jan 20201,0917,42857.252.09$78,019
Dec 20191,2776,03959.012.30$89,272
Nov 20198937,31455.302.75$69,502
Oct 20191,67411,28553.472.42$116,802
Sep 20191,3449,29955.052.66$98,697
Aug 20191,3099,27553.112.30$90,894
Jul 20191,0555,33456.272.46$72,487
Jun 20191,6915,81552.782.49$103,737

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                  713 bbl  × $106.41 =    $75,870
Casinghead gas     5,531 Mcf  × $  3.05 =    $16,847

────────────────────────────────────────────────────
Month total                                  $92,717

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/52324 is the state's own key, not one this site invented.