ESTES, E. W.

Operated by TWO P PARTNERS, LLC (P-5 875088) in the ESTES BLOCK 34 (PENN.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 55576District 08Field 29507500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.1 M
Jan 2021 – May 2026
Value, last 12 filed months
$326 k
at the published price for each month
Months reported
65
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 25 leases and 102 wells, and the rule below applies to all of them.

Discovered
1957-08-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 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.

The Commission's schedule remark for this field reads: OPTIONAL 40 ACRE UNITS - DIAG. 2100

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
OilDisposition47,537 bbl$3,664,744
Casinghead gasProduction105,209 Mcf$415,145
Total$4,079,888

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 31.4777, -102.9509. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.47854, -102.94991 · 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
37.5%
3 of 8 wells
With a plug date
37.5%
3 of 8 wells
Median depth
9,300 ft
8 wells filed one
Completion to plug
10.7 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
337.5%
A plug date is filed
337.5%
BothOn the schedule and plugged. Neither fact cancels the other.
337.5%
NeitherNo plug date, and not on the schedule.
562.5%

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

Total depth in feet, 8 of 8 wells. Median 9,300 ft, with the middle half between 9,300 and 9,300 ft; the shallowest is 8,715 ft and the deepest 9,849 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

Last completion by decade, 8 of 8 wells, Dec 2011 – Feb 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Dec 2011 – Feb 2021
8 of 8 wells
Plug dates filed
Apr 2023 – Jun 2024
3 of 8 wells; 5 filed none

Last completion to plug: a median of 10.7 years across the 3 wells that filed both dates, with the middle half between 10.6 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-4753721720009,849 ftFeb 2021
42-475304662399,300 ftJul 2018
42-47532354248W8,715 ftJul 2017
42-47530453237R9,300 ftSep 2015
42-475304852409,300 ftApr 2015
42-47532391250P9,300 ftDec 2013Jun 2024Yes
42-47530467238R9,299 ftSep 2013May 2024Yes
42-47530507242W9,300 ftDec 2011Apr 2023Yes

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 (65)

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

65 months

May 2026264492106.413.05$29,591
Apr 202623343798.932.87$24,305
Mar 202636337589.753.15$33,760
Feb 202651878563.503.75$35,837
Jan 202617725959.138.00$12,537
Dec 202532346256.664.41$20,340
Nov 202553878258.593.93$34,592
Oct 202552188359.383.30$33,855
Sep 20250062.743.08$0
Aug 2025775163.933.01$5,076
Jul 20257071,36166.743.32$51,697
Jun 202563654066.483.13$43,971
May 20254935760.553.23$30,035
Apr 20258021,89162.363.54$56,713
Mar 20256371,37367.704.27$48,985
Feb 20256301,19570.884.34$49,842
Jan 20257021,29174.324.28$57,696
Dec 20249171,53568.993.12$68,055
Nov 20247201,29169.052.20$52,554
Oct 2024866571.372.28$6,286
Sep 202440166869.612.36$29,493
Aug 202427768875.632.06$22,369
Jul 20247151,95679.932.15$61,349
Jun 20245742,02778.082.63$50,157
May 202419529578.812.20$16,016
Apr 20246561,78784.451.66$58,364
Mar 20247912,17580.301.55$66,878
Feb 20244491,64176.091.78$37,091
Jan 20245891,31973.023.30$47,358
Dec 20235782,16271.262.61$46,833
Nov 20235972,16877.892.81$52,587
Oct 20234542,04185.443.09$45,091
Sep 20232801,14389.042.74$28,057
Aug 20234111,83980.522.67$38,009
Jul 20238392,53974.852.64$69,507
Jun 20239852,53868.962.26$73,658
May 20239812,31370.622.23$74,430
Apr 20238712,06978.122.24$72,672
Mar 20237002,58472.852.39$57,179
Feb 20236611,96875.112.47$54,500
Jan 20237101,93876.533.39$60,902
Dec 20227471,72176.415.73$66,938
Nov 20228501,66085.005.65$81,623
Oct 20229752,10887.185.86$97,361
Sep 20221,0672,50884.888.16$111,041
Aug 20221,2722,10194.529.13$139,406
Jul 20221,2462,247101.587.54$143,516
Jun 20228251,698115.097.98$108,495
May 20229501,765109.378.43$118,786
Apr 20221,1061,869104.226.84$128,047
Mar 20221,2441,586108.885.08$143,498
Feb 20221,0101,84891.054.86$100,940
Jan 20227811,54481.844.54$70,923
Dec 20211,1482,73371.323.90$92,532
Nov 20219732,29277.435.24$87,342
Oct 20219582,60179.795.71$91,301
Sep 20219121,90969.865.35$73,927
Aug 20219642,04566.024.22$72,274
Jul 20211,2171,69070.783.98$92,869
Jun 20218362,26069.493.38$65,734
May 20211,5983,24463.483.02$111,230
Apr 20211,8634,76860.362.76$125,603
Mar 20212,3224,21461.302.72$153,788
Feb 20215621,54557.805.55$41,055
Jan 20215327050.412.81$3,431

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                  264 bbl  × $106.41 =    $28,092
Casinghead gas       492 Mcf  × $  3.05 =     $1,499

────────────────────────────────────────────────────
Month total                                  $29,591

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/55576 is the state's own key, not one this site invented.