MineralRecord
Log inSign up

BLUE ESTATE

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the WHEELER (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8008District 08Field 96756200Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$6.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The WHEELER (DEVONIAN) 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 21 leases and 34 wells, and the rule below applies to all of them.

Discovered
1945-05-16
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
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1972-04-24.

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: “MAXIMUM 160 ACRES, MIMINUM 40 ACRES”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none——

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition103,533 bbl$4,872,394
Casinghead gasProduction582,556 Mcf$1,869,895
Total$6,742,289

150,137 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.8695, -102.8015. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.87038, -102.79914 · 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
80.0%
4 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
10,700 ft
3 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
480.0%
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.
120.0%

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 10,500 and 11,472 ft, median 10,700 ft, over the 3 wells that filed a depth.

Completions filed
Nov 1986 – Dec 1988
3 of 5 wells; 2 filed none

5 wells

42-495051909———Yes
42-4950519310 L———Yes
42-135088916 U10,700 ftDec 1988—Yes
42-495321111210,500 ftAug 1987——
42-495310591111,472 ftNov 1986—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 (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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202517056.664.41$963
Nov 20253332458.593.93$3,206
Oct 20252659559.383.30$3,510
Sep 20253666862.743.08$4,314
Aug 20255174563.933.01$5,506
Jul 20252141066.743.32$2,761
Jun 20252042166.483.13$2,647
May 2025411660.553.23$2,534
Apr 202564062.363.54$3,991
Mar 202567167.704.27$4,540
Feb 202528070.884.34$1,985
Jan 202551074.324.28$3,790
Dec 202440068.993.12$2,760
Nov 20246056369.052.20$5,381
Oct 2024751,16871.372.28$8,017
Sep 2024961,19369.612.36$9,503
Aug 2024981,47475.632.06$10,454
Jul 20241541,51179.932.15$15,553
Jun 20241151,47478.082.63$12,862
May 20241021,33678.812.20$10,976
Apr 20241191,45984.451.66$12,470
Mar 20241381,36580.301.55$13,191
Feb 20241661,10776.091.78$14,605
Jan 20241471,30573.023.30$15,037
Dec 20231421,30771.262.61$13,531
Nov 20231231,30177.892.81$13,233
Oct 2023901,20285.443.09$11,401
Sep 20231671,19089.042.74$18,124
Aug 20231571,17080.522.67$15,769
Jul 20233251,41374.852.64$28,059
Jun 20232991,60868.962.26$24,251
May 20233201,51570.622.23$25,973
Apr 20232061,39478.122.24$19,212
Mar 20233681,55172.852.39$30,521
Feb 20233181,08175.112.47$26,550
Jan 2023971,09776.533.39$11,140
Dec 202229937376.415.73$24,984
Nov 202217581585.005.65$19,477
Oct 20223401,14787.185.86$36,367
Sep 20223301,39084.888.16$39,358
Aug 20223361,24394.529.13$43,104
Jul 20222231,306101.587.54$32,502
Jun 20222221,114115.097.98$34,437
May 20223611,269109.378.43$50,184
Apr 2022101998104.226.84$17,350
Mar 2022157665108.885.08$20,470
Feb 202225393791.054.86$27,588
Jan 20222581,24081.844.54$26,741
Dec 202118099471.323.90$16,713
Nov 20218741677.435.24$8,915
Oct 202110022179.795.71$9,242
Sep 202120349269.865.35$16,814
Aug 20219630966.024.22$7,642
Jul 202155070.783.98$3,893
Jun 2021608569.493.38$4,457
May 20211329663.483.02$8,669
Apr 20214114060.362.76$2,861
Mar 20218012561.302.72$5,244
Feb 20216316157.805.55$4,535
Jan 20219528950.412.81$5,601
Dec 20207424344.642.68$3,954
Nov 202010735438.772.71$5,107
Oct 202012338436.972.48$5,499
Sep 20205114437.091.99$2,178
Aug 202015329239.982.39$6,813
Jul 202011831938.371.83$5,110
Jun 202010736534.901.69$4,351
May 202013131516.921.81$2,788
Apr 202020733714.751.80$3,661
Mar 202020430730.341.86$6,759
Feb 202021029749.881.98$11,063
Jan 202018528557.252.09$11,188
Dec 201914422659.012.30$9,018
Nov 201920841955.302.75$12,655
Oct 201915639853.472.42$9,304
Sep 201917138055.052.66$10,423
Aug 201919352953.112.30$11,469
Jul 201919550556.272.46$12,215
Jun 201917142452.782.49$10,082
May 201916713558.482.74$10,136
Apr 201915722762.632.75$10,457
Mar 201925519156.803.06$15,069
Feb 201927622450.852.79$14,660
Jan 201923815446.033.23$11,452
Dec 201835817446.594.19$17,407
Nov 201823517552.934.24$13,180
Oct 201814027961.443.40$9,550
Sep 201814411959.543.11$8,944
Aug 201819329159.403.07$12,357
Jul 201818835865.142.93$13,296
Jun 201817443560.183.08$11,810
May 201812842465.382.90$9,599
Apr 201817144463.842.90$12,205
Mar 201819249961.222.79$13,145
Feb 201818654161.782.77$12,988
Jan 20182821,07062.874.01$22,019
Dec 20172291,15957.272.92$16,501
Nov 20171391,25155.423.12$11,604
Oct 20172751,29649.292.98$17,422
Sep 20171871,16447.523.09$12,480
Aug 20171471,45945.373.00$11,053
Jul 20171621,45543.873.09$11,599
Jun 20171711,64442.493.09$12,341
May 20172161,25345.373.26$13,889
Apr 20172711,23147.933.21$16,943
Mar 20172551,27346.772.98$15,725
Feb 20171051,11150.452.95$8,578
Jan 20172691,10649.413.42$17,072
Dec 20162341,07648.763.72$15,416
Nov 20161951,14142.492.64$11,303
Oct 20161461,20246.193.09$10,458
Sep 20161171,32441.553.10$8,967
Aug 201612587941.442.92$7,750
Jul 20161461,02841.622.92$9,083
Jun 20161671,34845.352.69$11,194
May 20161281,31542.521.99$8,061
Apr 20161601,29336.561.99$8,424
Mar 20161971,53733.011.79$9,260
Feb 20161551,59726.472.06$7,398
Jan 20161131,12927.352.36$5,760
Dec 2015861,14532.362.00$5,075
Nov 2015581,01838.792.17$4,456
Oct 2015761,02343.552.43$5,792
Sep 20152038742.992.76$1,927
Aug 201528040.162.87$1,124
Jul 20157174848.152.95$5,622
Jun 201512598156.152.88$9,847
May 20157498355.212.96$6,991
Apr 20155496549.822.71$5,302
Mar 2015951,00542.892.93$7,024
Feb 2015681,09444.662.98$6,293
Jan 20156599943.433.10$5,920
Dec 20141581,30854.693.59$13,339
Nov 20141241,26670.464.25$14,120
Oct 20141141,33678.303.90$14,138
Sep 201413197386.164.05$15,223
Aug 20141591,12189.394.04$18,736
Jul 20141011,35696.564.18$15,420
Jun 20141261,38898.164.74$18,943
May 201412589794.734.73$16,081
Apr 20141911,17895.944.81$23,990
Mar 20141671,07695.895.06$21,455
Feb 201412599297.406.19$18,317
Jan 201413490390.404.86$16,503
Dec 201311894791.824.35$14,958
Nov 201312494388.853.74$14,543
Oct 20131801,25697.423.78$22,282
Sep 201395717104.113.72$12,556
Aug 2013180698104.253.52$21,224
Jul 20132221,065102.523.72$26,719
Jun 20132521,08494.403.93$28,053
May 20132181,16294.834.15$25,494
Apr 20132811,23693.964.28$31,696
Mar 20132621,34393.623.91$29,783
Feb 20132671,33891.233.42$28,934
Jan 20132681,51191.603.42$29,716
Dec 20122071,60686.773.42$23,454
Nov 20122521,51786.953.62$27,410
Oct 20122421,62089.383.40$27,137
Sep 20121711,47694.672.92$20,496
Aug 20123261,64892.662.91$35,000
Jul 20122941,51485.133.02$29,602
Jun 20121711,37879.822.52$17,120
May 20122881,35291.612.49$29,748
Apr 20122081,414101.652.00$23,967
Mar 20122001,397105.052.22$24,114
Feb 20121991,197101.102.57$23,195
Jan 20121821,22498.092.73$21,199
Dec 20111941,44196.873.24$23,461
Nov 20112021,56695.723.31$24,521
Oct 20111701,52084.983.65$19,992
Sep 20111241,15583.623.99$14,972
Aug 20111781,25683.404.15$20,057
Jul 20111401,38494.144.52$19,431
Jun 20112011,30092.904.64$24,705
May 20112541,47398.134.40$31,413
Apr 20113051,501105.964.33$38,822
Mar 20113721,55796.364.06$42,163
Feb 20111811,41485.644.18$21,411
Jan 20111691,01586.504.59$19,276
Dec 20102871,19585.734.35$29,800
Nov 20102291,23680.843.80$23,203
Oct 20102691,22478.103.51$25,304
Sep 20103071,25972.633.98$27,308
Aug 20103221,49673.684.42$30,336
Jul 20102851,57372.554.74$28,127
Jun 20102031,11670.364.91$19,763
May 20103191,54971.124.24$29,248
Apr 20102481,36381.694.12$25,878
Mar 20104201,62678.394.39$40,060
Feb 20102821,15573.585.44$27,035
Jan 20103841,62674.365.96$38,252
Dec 20092931,57971.445.48$29,591
Nov 20092351,58074.593.75$23,456
Oct 20092771,73672.544.11$27,229
Sep 20092791,51565.543.06$22,929
Aug 20093781,90367.423.22$31,610
Jul 20095717361.133.46$4,084
Jun 20093051,09766.163.90$24,452
May 20094341,28554.743.93$28,802
Apr 20094241,33046.773.59$24,602
Mar 200939399642.144.06$20,604
Feb 200937884032.814.63$16,294
Jan 200937164035.865.37$16,742
Dec 20083181,66937.105.98$21,774
Nov 20084971,57855.496.86$38,404
Oct 20083451,59975.246.92$37,026
Sep 20084081,019101.767.88$49,545
Aug 20082641,230114.228.48$40,588
Jul 20083711,559131.0811.39$66,387
Jun 20083651,382131.3313.03$65,947
May 20083741,555123.1711.57$64,064
Apr 20083111,458110.3110.45$49,550
Mar 20083461,107101.909.66$45,956
Feb 20083381,36192.538.77$43,212
Jan 20084051,53290.388.21$49,175
Dec 2007373088.337.30$32,947
Nov 20072911,55991.677.29$38,044
Oct 20073891,60982.856.92$43,366
Sep 20073861,67675.846.24$39,739
Aug 2007313069.066.39$21,616
Jul 20073591,68970.906.39$36,242
Jun 20073271,26162.007.55$29,793
May 20072541,26358.747.85$24,830
Apr 20073241,50859.617.81$31,084
Mar 20073791,79156.927.30$34,651
Feb 20072871,48155.108.22$27,982
Jan 20073731,59350.306.73$29,478
Dec 20063661,59256.656.92$31,748
Nov 200635494354.207.62$26,370
Oct 20064011,66354.906.01$32,016
Sep 20063591,61960.085.04$29,724
Aug 20063741,67568.717.34$37,992
Jul 20063711,70069.376.34$36,519
Jun 200637196666.286.38$30,757
May 200638884466.016.42$31,035
Apr 20063501,60664.397.36$34,357
Mar 20063631,69456.707.08$32,581
Feb 20063451,38757.597.75$30,619
Jan 20063521,73460.598.93$36,818
Dec 20053471,66754.9413.42$41,428
Nov 20053881,23754.6910.59$34,318
Oct 200537086558.3413.80$33,519
Sep 20053251,73261.4512.08$40,892
Aug 20053911,61361.519.80$39,853
Jul 20053511,59955.697.84$32,089
Jun 20053771,60652.337.38$31,582
May 20053871,55945.226.65$27,869
Apr 20054301,60549.207.36$32,970
Mar 20054101,69450.377.15$32,772
Feb 20053721,74545.226.31$27,836
Jan 20053882,10043.166.32$30,023
Dec 20043751,70339.866.75$26,445
Nov 20043311,58245.286.33$25,002
Oct 20043651,71449.706.52$29,307
Sep 20043431,74643.245.28$24,057
Aug 20043641,75042.375.55$25,136
Jul 20043471,58138.286.08$22,902
Jun 20043271,69936.106.43$22,734
May 20043531,80037.486.49$24,921
Apr 20043381,67234.475.86$21,446
Mar 20043771,67834.365.53$22,233
Feb 20043311,51732.455.51$19,099
Jan 20043071,57132.036.30$19,730
Dec 20033401,64730.266.30$20,667
Nov 20032881,57728.804.60$15,541
Oct 20032961,58228.174.76$15,868
Sep 20033011,60926.314.75$15,561
Aug 20034081,69829.765.13$20,852
Jul 20033461,47329.415.17$17,793
Jun 20033631,56028.565.98$19,701
May 20034081,68226.595.97$20,895
Apr 20033741,50526.675.41$18,113
Mar 20033651,67231.146.10$21,559
Feb 20032621,48733.487.93$20,558
Jan 20033791,74530.315.58$21,228
Dec 20023621,58126.914.85$17,415
Nov 20023451,99824.664.14$16,773
Oct 20023852,71326.464.23$21,661
Sep 20023421,75927.443.64$15,779
Aug 20023461,37225.963.16$13,323
Jul 20023851,65524.583.06$14,531
Jun 20023411,68523.733.34$13,717
May 20022911,53524.663.58$12,678
Apr 20023041,62023.653.51$12,880
Mar 20023611,66422.003.10$13,105
Feb 20023641,55118.222.38$10,317
Jan 20023871,66817.172.38$10,607
Dec 20013701,69316.932.36$10,267
Nov 20013801,52518.072.41$10,535
Oct 20013411,68519.782.53$11,006
Sep 20013591,73924.262.25$12,624
Aug 20014351,89024.873.05$16,589
Jul 20014161,77523.933.20$15,630
Jun 20013321,53024.563.82$14,005
May 20012941,45825.524.31$13,783
Apr 20014001,31124.685.34$16,867
Mar 20014601,51524.545.38$19,434
Feb 20014231,33827.755.77$19,455
Jan 20014011,31627.478.40$22,068
Dec 20004361,44126.889.12$24,865
Nov 20003441,25032.215.66$18,153
Oct 20002381,71431.235.15$16,252
Sep 20001721,43331.875.19$12,914
Aug 20002041,67029.644.54$13,630
Jul 200010665728.534.09$5,711
Jun 20001921,06229.304.40$10,295
May 20003201,74627.263.68$15,148
Apr 20003451,97924.513.12$14,623
Mar 20003482,03728.422.86$15,715
Feb 20003482,04027.622.73$15,174
Jan 20003912,11525.272.48$15,127
Dec 19993802,15024.282.42$14,437
Nov 19993772,15723.192.43$13,993
Oct 19993072,19820.982.80$12,603
Sep 19992932,11921.752.62$11,922
Aug 19993202,33019.262.88$12,863
Jul 19992832,42217.892.37$10,809
Jun 19992402,01115.942.36$8,576
May 19992802,23215.792.32$9,602
Apr 19992921,68915.102.21$8,139
Mar 19993051,68812.471.84$6,906
Feb 19992931,6019.981.82$5,834
Jan 19993221,86510.381.90$6,886
Dec 19983201,8469.201.77$6,218
Nov 19982971,83410.892.19$7,243
Oct 19982722,16712.421.97$7,646
Sep 19981861,53712.592.08$5,543
Aug 19981861,74711.301.91$5,434
Jul 19982652,16611.742.24$7,957
Jun 19982522,08511.242.24$7,497
May 19982541,84912.622.21$7,285
Apr 19982552,06713.042.51$8,504
Mar 19982652,15412.802.31$8,367
Feb 19982582,03613.952.30$8,280
Jan 19982992,28914.702.15$9,328
Dec 19972802,15516.322.41$9,766
Nov 19973212,38118.193.09$13,192
Oct 19972911,53519.253.15$10,437
Sep 199729175017.742.95$7,379
Aug 19972821,58117.862.55$9,076
Jul 19972912,08017.582.25$9,789
Jun 19972702,06217.242.26$9,309
May 19972982,15918.972.31$10,637
Apr 19973632,21217.882.08$11,098
Mar 19973622,29118.951.94$11,302
Feb 19972621,99820.492.21$9,776
Jan 19973082,30023.483.54$15,373
Dec 19963471,88623.32—$8,092
Nov 19963412,32521.97—$7,492
Oct 19963912,20023.31—$9,114
Sep 19964402,17922.22—$9,777
Aug 19964132,13920.26—$8,367
Jul 19964142,19919.55—$8,094
Jun 19963981,93518.73—$7,455
May 19964152,10819.43—$8,063
Apr 19962352,11421.51—$5,055
Mar 19962782,26019.38—$5,388
Feb 19962321,83516.98—$3,939
Jan 19962792,19317.07—$4,763
Dec 19952732,25617.19—$4,693
Nov 19952812,18516.00—$4,496
Oct 19953012,26715.43—$4,644
Sep 19952992,27316.18—$4,838
Aug 19952882,36615.92—$4,585
Jul 19953232,47615.24—$4,923
Jun 19953021,99016.41—$4,956
May 19953432,49017.56—$6,023
Apr 19952972,27317.73—$5,266
Mar 19953802,31216.44—$6,247
Feb 19953332,27216.58—$5,521
Jan 19953762,66115.92—$5,986
Dec 19943852,65615.03—$5,787
Nov 19943652,59215.90—$5,804
Oct 19943872,64815.58—$6,029
Sep 19943662,66415.29—$5,596
Aug 19943942,88116.13—$6,355
Jul 19944122,88417.56—$7,235
Jun 19944142,98517.09—$7,075
May 19943901,88315.88—$6,193
Apr 19944152,41114.14—$5,868
Mar 19944252,41412.46—$5,296
Feb 19943262,22112.50—$4,075
Jan 19943602,32712.66—$4,558
Dec 19934002,50812.33—$4,932
Nov 19933332,54514.49—$4,825
Oct 19933882,71715.85—$6,150
Sep 19934412,73115.03—$6,628
Aug 19934647,22615.66—$7,266
Jul 19934897,26015.46—$7,560
Jun 19935467,05616.79—$9,167
May 19934346,73917.68—$7,673
Apr 19935038,22018.05—$9,079
Mar 19935976,34118.14—$10,830
Feb 19935128,09117.90—$9,165
Jan 19936294,94316.93—$10,649

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.

Dec 2025 — as filed, then multipliedworked
Oil                   17 bbl  × $ 56.66 =       $963
Casinghead gas         0 Mcf  × $  4.41 =         $0

────────────────────────────────────────────────────
Month total                                     $963

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/8008 is the state's own key, not one this site invented.