POTEET

Operated by PETX OPERATING LLC (P-5 102221) in the ABELL (SILURIAN-MONTOYA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 77District 08Field 00292667Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
401
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 27 leases and 45 wells, and the rule below applies to all of them.

Discovered
1948-08-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 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.

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
OilDisposition34,597 bbl$2,549,927
Casinghead gasProduction71,291 Mcf$261,726
Total$2,811,653

Wells on this lease (2)

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 31.2697, -102.6268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.26972, -102.62684 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
5,052 ft
1 wells filed one
Completion to plug
35.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 5,052 ft.

Completions filed
Aug 1977
1 of 2 wells; 1 filed none
Plug dates filed
Oct 2012
1 of 2 wells; 1 filed none

Last completion to plug: a median of 35.2 years across the 1 well that filed both dates, with the middle half between 35.2 years and 35.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-371035301
42-3710353125,052 ftAug 1977Oct 2012Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026015898.932.87$453
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026030459.138.00$2,431
Dec 202505956.664.41$260
Nov 202505958.593.93$232
Oct 2025014559.383.30$479
Sep 202507962.743.08$243
Aug 2025010263.933.01$308
Jul 202505866.743.32$192
Jun 2025010166.483.13$316
May 202506560.553.23$210
Apr 2025020262.363.54$716
Mar 2025033267.704.27$1,417
Feb 2025024270.884.34$1,050
Jan 202504574.324.28$193
Dec 202401068.993.12$31
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024112079.932.15$8,952
Jun 20240078.082.63$0
May 202429523778.812.20$23,770
Apr 2024024184.451.66$400
Mar 202418024080.301.55$14,825
Feb 2024023476.091.78$417
Jan 202417021173.023.30$13,109
Dec 2023023871.262.61$621
Nov 2023024577.892.81$688
Oct 2023017185.443.09$528
Sep 2023018089.042.74$492
Aug 202316324280.522.67$13,772
Jul 2023024574.852.64$647
Jun 2023013168.962.26$296
May 2023026070.622.23$579
Apr 202316224678.122.24$13,206
Mar 2023026072.852.39$622
Feb 2023023375.112.47$575
Jan 202317028276.533.39$13,965
Dec 2022021576.415.73$1,232
Nov 20229025985.005.65$9,112
Oct 2022025687.185.86$1,501
Sep 20229625284.888.16$10,206
Aug 20229327394.529.13$11,282
Jul 20220218101.587.54$1,644
Jun 202290246115.097.98$12,320
May 202279350109.378.43$11,592
Apr 20220262104.226.84$1,791
Mar 202293323108.885.08$11,766
Feb 20228432891.054.86$9,242
Jan 20228623781.844.54$8,114
Dec 2021031271.323.90$1,217
Nov 202116532277.435.24$14,462
Oct 2021038679.795.71$2,206
Sep 202116525769.865.35$12,902
Aug 2021038166.024.22$1,608
Jul 20211578970.783.98$11,467
Jun 2021025969.493.38$876
May 202116111863.483.02$10,576
Apr 2021028260.362.76$778
Mar 2021021661.302.72$587
Feb 2021012657.805.55$699
Jan 202116729650.412.81$9,250
Dec 2020031044.642.68$829
Nov 202016525738.772.71$7,093
Oct 202007236.972.48$178
Sep 202095037.091.99$3,524
Aug 20208323339.982.39$3,874
Jul 20209327638.371.83$4,072
Jun 20208926734.901.69$3,557
May 20208322016.921.81$1,804
Apr 2020858014.751.80$1,398
Mar 2020041630.341.86$772
Feb 20208339949.881.98$4,930
Jan 20207714757.252.09$4,716
Dec 201916828359.012.30$10,566
Nov 2019835255.302.75$4,733
Oct 201901753.472.42$41
Sep 2019171055.052.66$9,414
Aug 2019029253.112.30$673
Jul 201916519356.272.46$9,759
Jun 201916542052.782.49$9,755
May 2019027458.482.74$751
Apr 20199937162.632.75$7,221
Mar 20198735256.803.06$6,019
Feb 20198730250.852.79$5,267
Jan 201916834046.033.23$8,831
Dec 2018044146.594.19$1,846
Nov 201817115652.934.24$9,712
Oct 201816630961.443.40$11,249
Sep 2018026559.543.11$824
Aug 201816044759.403.07$10,875
Jul 2018042765.142.93$1,252
Jun 201816344960.183.08$11,191
May 20188347765.382.90$6,810
Apr 201817044663.842.90$12,147
Mar 201816748461.222.79$11,573
Feb 20189940161.782.77$7,225
Jan 20185639062.874.01$5,084
Dec 201716021757.272.92$9,797
Nov 201796055.423.12$5,320
Oct 201727528949.292.98$14,417
Sep 2017047547.523.09$1,466
Aug 201718037545.373.00$9,293
Jul 20178649943.873.09$5,313
Jun 201710045842.493.09$5,663
May 20179039745.373.26$5,379
Apr 201717546847.933.21$9,891
Mar 201716950946.772.98$9,423
Feb 2017045750.452.95$1,349
Jan 201718250349.413.42$10,712
Dec 201616715948.763.72$8,735
Nov 2016173042.492.64$7,351
Oct 201684646.193.09$3,899
Sep 201617245341.553.10$8,551
Aug 201616453241.442.92$8,352
Jul 201620223341.622.92$9,089
Jun 20169811445.352.69$4,750
May 201610553742.521.99$5,534
Apr 201626537236.561.99$10,429
Mar 2016146033.011.79$858
Feb 201618145826.472.06$5,736
Jan 201617926427.352.36$5,520
Dec 2015871832.362.00$2,851
Nov 201518142438.792.17$7,940
Oct 201516637643.552.43$8,142
Sep 201515449142.992.76$7,975
Aug 201517651640.162.87$8,550
Jul 201517856448.152.95$10,232
Jun 201516855756.152.88$11,039
May 201517354555.212.96$11,162
Apr 201518055849.822.71$10,478
Mar 201510857442.892.93$6,317
Feb 201517745644.662.98$9,262
Jan 201518137943.433.10$9,036
Dec 20148949354.693.59$6,638
Nov 201418442670.464.25$14,776
Oct 201418252078.303.90$16,279
Sep 201421354586.164.05$20,557
Aug 201417858189.394.04$18,256
Jul 201421558196.564.18$23,189
Jun 201423254598.164.74$25,355
May 201421545794.734.73$22,527
Apr 201422936695.944.81$23,730
Mar 201418257795.895.06$20,370
Feb 201418248897.406.19$20,749
Jan 201420651090.404.86$21,101
Dec 201319751791.824.35$20,340
Nov 201317058788.853.74$17,299
Oct 201330959497.423.78$32,348
Sep 2013113427104.113.72$13,352
Aug 2013330599104.253.52$36,513
Jul 2013172634102.523.72$19,990
Jun 201325959894.403.93$26,802
May 201334161594.834.15$34,889
Apr 201317054993.964.28$18,324
Mar 201335749593.623.91$35,359
Feb 201318529191.233.42$17,873
Jan 201318130191.603.42$17,609
Dec 201235135086.773.42$31,653
Nov 201218433486.953.62$17,210
Oct 201218021689.383.40$16,823
Sep 201232735994.672.92$32,005
Aug 201229537992.662.91$28,437
Jul 201219931985.133.02$17,905
Jun 201235434579.822.52$29,125
May 201211526191.612.49$11,185
Apr 2012270262101.652.00$27,969
Mar 2012182273105.052.22$19,726
Feb 2012184290101.102.57$19,348
Jan 201219027798.092.73$19,394
Dec 201124638796.873.24$25,084
Nov 201118230195.723.31$18,418
Oct 201125237084.983.65$22,765
Sep 20112441,07283.623.99$24,676
Aug 20113041,29783.404.15$30,735
Jul 20112141,21094.144.52$25,612
Jun 201126631892.904.64$26,187
May 201114424198.134.40$15,192
Apr 2011204182105.964.33$22,405
Mar 201124244996.364.06$25,141
Feb 201124242185.644.18$22,485
Jan 201127950186.504.59$26,432
Dec 201036948685.734.35$33,747
Nov 201054363580.843.80$46,306
Oct 201036182278.103.51$31,078
Sep 201071899872.633.98$56,120
Aug 20109031,57773.684.42$73,502
Jul 20107061,49672.554.74$58,306
Jun 20108821,20470.364.91$67,970
May 20108301,36971.124.24$64,828
Apr 201071116381.694.12$58,754
Mar 20101,214078.394.39$95,165
Feb 20101,097073.585.44$80,717
Jan 20101,087074.365.96$80,829
Dec 20091,080071.445.48$77,155
Nov 20091,2391,30274.593.75$97,301
Oct 20097122,45172.544.11$61,723
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008112055.496.86$6,215
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Apr 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas       158 Mcf  × $  2.87 =       $453

────────────────────────────────────────────────────
Month total                                     $453

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/77 is the state's own key, not one this site invented.