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Z&T 32

Operated by LRR PECOS VALLEY, LLC (P-5 511724) in the SANDBAR (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 53751District 08Field 80544500OilCasinghead gasSave
Value, all time
$108.6 M
Aug 2019 – May 2026
Value, last 12 filed months
$6.8 M
at the published price for each month
Months reported
82
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,515,332 bbl$91,653,879
Casinghead gasProduction4,251,877 Mcf$16,993,710
Total$108,647,589

Wells on this lease (8)

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 31.9131, -103.6760. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.91311, -103.67602 · 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
25.0%
2 of 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
10,087 ft
8 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
225.0%
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.
675.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 8 of 8 wells. Median 10,087 ft, with the middle half between 10,061 and 10,133 ft; the shallowest is 10,010 ft and the deepest 10,265 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

10s
20s

Last completion by decade, 8 of 8 wells, Aug 2019 – Feb 2026. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Aug 2019 – Feb 2026
8 of 8 wells

8 wells

42-30134471B00610,010 ftFeb 2026——
42-30134885G00610,265 ftMar 2020——
42-30134886H00610,093 ftMar 2020——
42-30134884F00610,065 ftMar 2020—Yes
42-30134883E00610,230 ftMar 2020——
42-30134882D00610,048 ftMar 2020——
42-30134470A00510,080 ftAug 2019——
42-30134472C00610,100 ftAug 2019—Yes

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 (82)

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

82 months

May 20266,19623,282106.413.05$730,230
Apr 20266,04527,37298.932.87$676,582
Mar 20266,15223,06089.753.15$624,768
Feb 20264,71021,26663.503.75$378,839
Jan 20264,39710,66459.138.00$345,284
Dec 20256,21213,63356.664.41$412,139
Nov 20257,27921,51558.593.93$510,954
Oct 20257,75828,38059.383.30$554,461
Sep 20257,53528,01262.743.08$558,937
Aug 20258,61229,24563.933.01$638,732
Jul 20258,61433,40266.743.32$685,633
Jun 20259,37633,84366.483.13$729,202
May 20259,07939,92460.553.23$678,781
Apr 20259,39619,49262.363.54$654,997
Mar 202511,48333,30067.704.27$919,534
Feb 202510,40332,22170.884.34$877,231
Jan 202510,93733,13274.324.28$954,599
Dec 202410,33130,64668.993.12$808,393
Nov 20249,08926,88669.052.20$686,703
Oct 20248,00829,60171.372.28$639,063
Sep 20247,73626,25669.612.36$600,582
Aug 20249,43633,61475.632.06$783,012
Jul 20247,47533,99279.932.15$670,444
Jun 20249,84732,85878.082.63$855,401
May 20247,04022,49878.812.20$604,283
Apr 20246,86516,88884.451.66$607,770
Mar 20247,85212,44280.301.55$649,740
Feb 20246,4854,29976.091.78$501,112
Jan 20246,99817,90673.023.30$570,042
Dec 20239,25214,00871.262.61$695,868
Nov 20235,9085,73377.892.81$476,270
Oct 20235,01417,51485.443.09$482,467
Sep 20236,16427,62089.042.74$624,384
Aug 20237,04932,84280.522.67$655,368
Jul 20239,15724,89874.852.64$751,177
Jun 20239,77631,64768.962.26$745,627
May 20239,22434,07970.622.23$727,306
Apr 202310,44831,54178.122.24$886,779
Mar 202316,73450,02372.852.39$1,338,785
Feb 202314,44533,44275.112.47$1,167,421
Jan 202314,29644,78776.533.39$1,245,799
Dec 202215,87655,51276.415.73$1,531,118
Nov 202213,95259,32485.005.65$1,520,875
Oct 202216,35071,65687.185.86$1,845,567
Sep 202215,98867,41784.888.16$1,907,432
Aug 202215,00878,09694.529.13$2,131,351
Jul 202217,40588,321101.587.54$2,434,124
Jun 202218,16193,802115.097.98$2,838,427
May 202218,73398,712109.378.43$2,881,270
Apr 202219,73079,580104.226.84$2,600,397
Mar 202222,72788,815108.885.08$2,925,376
Feb 202220,42966,70291.054.86$2,184,155
Jan 202227,712112,40181.844.54$2,777,990
Dec 202121,87596,21971.323.90$1,935,294
Nov 202120,956123,65577.435.24$2,270,186
Oct 202126,501128,52979.795.71$2,848,913
Sep 202124,527125,19869.865.35$2,383,381
Aug 202127,242161,35766.024.22$2,479,539
Jul 202129,555163,52870.783.98$2,743,084
Jun 202122,370122,12269.493.38$1,967,339
May 202127,62097,46663.483.02$2,047,438
Apr 202130,27276,98760.362.76$2,039,580
Mar 202121,55356,03361.302.72$1,473,437
Feb 202116,62856,17557.805.55$1,272,754
Jan 202128,96996,89350.412.81$1,732,623
Dec 202037,74699,64444.642.68$1,951,575
Nov 202040,82877,96838.772.71$1,793,927
Oct 202049,26379,62536.972.48$2,018,598
Sep 202055,027111,87037.091.99$2,263,689
Aug 202076,214160,04239.982.39$3,428,752
Jul 202047,01192,51438.371.83$1,972,661
Jun 202046,12268,97734.901.69$1,726,250
May 202059,404103,58316.921.81$1,193,093
Apr 202051,31989,29014.751.80$918,068
Mar 202011,30516,10130.341.86$372,881
Feb 202013,278049.881.98$662,307
Jan 202026,200057.252.09$1,499,950
Dec 201930,629059.012.30$1,807,417
Nov 201934,194055.302.75$1,890,928
Oct 201940,157053.472.42$2,147,195
Sep 201927,683055.052.66$1,523,949
Aug 20190053.112.30$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                6,196 bbl  × $106.41 =   $659,316
Casinghead gas    23,282 Mcf  × $  3.05 =    $70,913

────────────────────────────────────────────────────
Month total                                 $730,230

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/53751 is the state's own key, not one this site invented.