T. P. LAND TRUST -B-

Operated by OCCIDENTAL PERMIAN LTD. (P-5 617544) in the COWDEN, NORTH (DEEP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 840District 08Field 21289600Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$8.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$211 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 68 leases and 395 wells, and the rule below applies to all of them.

Discovered
1939-06-24
as the register files it
Field class
Oil
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.

The Commission's schedule remark for this field reads: SEE FIELD RULES FOR CASING REQUIREMENTS.

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
OilDisposition156,127 bbl$8,203,443
Casinghead gasProduction5,480 Mcf$33,095
Total$8,236,538

367 Mcf of this lease's gas, across 46 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 (4)

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 31.9936, -102.5183. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.99364, -102.51837 · 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%
2 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
5,279 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
250.0%
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.
250.0%

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 5,274 and 5,483 ft, median 5,279 ft, over the 3 wells that filed a depth.

Completions filed
Jul 1980 – Feb 2023
2 of 4 wells; 2 filed none

4 wells

42-135057094
42-1353321685,483 ft
42-1350571165,274 ftFeb 2023Yes
42-1350571055,279 ftJul 1980Yes

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 20262600106.413.05$27,667
Apr 2026226098.932.87$22,358
Mar 2026352089.753.15$31,592
Feb 2026398063.503.75$25,273
Jan 2026289059.138.00$17,089
Dec 2025430056.664.41$24,364
Nov 2025238058.593.93$13,944
Oct 202582059.383.30$4,869
Sep 2025159062.743.08$9,976
Aug 2025170063.933.01$10,868
Jul 2025180066.743.32$12,013
Jun 2025170066.483.13$11,302
May 2025167060.553.23$10,112
Apr 202596062.363.54$5,987
Mar 2025113067.704.27$7,650
Feb 2025150070.884.34$10,632
Jan 202552074.324.28$3,865
Dec 2024144068.993.12$9,935
Nov 2024200069.052.20$13,810
Oct 2024256071.372.28$18,271
Sep 2024276069.612.36$19,212
Aug 2024273075.632.06$20,647
Jul 2024272079.932.15$21,741
Jun 2024122078.082.63$9,526
May 2024138078.812.20$10,876
Apr 2024155084.451.66$13,090
Mar 2024135080.301.55$10,841
Feb 2024107076.091.78$8,142
Jan 2024122073.023.30$8,908
Dec 2023137071.262.61$9,763
Nov 2023132077.892.81$10,281
Oct 2023135085.443.09$11,534
Sep 2023101089.042.74$8,993
Aug 2023126080.522.67$10,146
Jul 2023118074.852.64$8,832
Jun 202368068.962.26$4,689
May 2023134070.622.23$9,463
Apr 2023124078.122.24$9,687
Mar 2023126072.852.39$9,179
Feb 2023131075.112.47$9,839
Jan 2023137076.533.39$10,485
Dec 2022147076.415.73$11,232
Nov 2022133085.005.65$11,305
Oct 2022136087.185.86$11,856
Sep 202284084.888.16$7,130
Aug 2022233094.529.13$22,023
Jul 20221970101.587.54$20,011
Jun 20221670115.097.98$19,220
May 20221740109.378.43$19,030
Apr 20221990104.226.84$20,740
Mar 20221850108.885.08$20,143
Feb 2022154091.054.86$14,022
Jan 2022185081.844.54$15,140
Dec 2021289071.323.90$20,611
Nov 2021243077.435.24$18,815
Oct 2021150079.795.71$11,969
Sep 202194069.865.35$6,567
Aug 2021131066.024.22$8,649
Jul 202167070.783.98$4,742
Jun 2021126069.493.38$8,756
May 2021102063.483.02$6,475
Apr 2021107060.362.76$6,459
Mar 202142061.302.72$2,575
Feb 202153057.805.55$3,063
Jan 2021136050.412.81$6,856
Dec 2020124044.642.68$5,535
Nov 202089038.772.71$3,451
Oct 2020109036.972.48$4,030
Sep 202037037.091.99$1,372
Aug 202018039.982.39$720
Jul 2020114038.371.83$4,374
Jun 2020107034.901.69$3,734
May 2020161016.921.81$2,724
Apr 2020246014.751.80$3,629
Mar 2020297030.341.86$9,011
Feb 2020201049.881.98$10,026
Jan 2020309057.252.09$17,690
Dec 2019315059.012.30$18,588
Nov 2019325055.302.75$17,973
Oct 2019348053.472.42$18,608
Sep 2019361055.052.66$19,873
Aug 2019336053.112.30$17,845
Jul 2019354056.272.46$19,920
Jun 2019390052.782.49$20,584
May 2019427058.482.74$24,971
Apr 2019373062.632.75$23,361
Mar 2019360056.803.06$20,448
Feb 2019362050.852.79$18,408
Jan 2019403046.033.23$18,550
Dec 2018308046.594.19$14,350
Nov 2018352052.934.24$18,631
Oct 2018388061.443.40$23,839
Sep 2018367059.543.11$21,851
Aug 2018335059.403.07$19,899
Jul 2018271065.142.93$17,653
Jun 2018326060.183.08$19,619
May 2018419065.382.90$27,394
Apr 2018382063.842.90$24,387
Mar 2018439061.222.79$26,876
Feb 2018362061.782.77$22,364
Jan 2018363062.874.01$22,822
Dec 2017380057.272.92$21,763
Nov 2017413055.423.12$22,888
Oct 2017440049.292.98$21,688
Sep 2017484047.523.09$23,000
Aug 2017373045.373.00$16,923
Jul 2017367043.873.09$16,100
Jun 2017309042.493.09$13,129
May 2017254045.373.26$11,524
Apr 2017288047.933.21$13,804
Mar 2017265046.772.98$12,394
Feb 2017257050.452.95$12,966
Jan 2017260049.413.42$12,847
Dec 2016311048.763.72$15,164
Nov 2016350042.492.64$14,872
Oct 2016418046.193.09$19,307
Sep 2016416041.553.10$17,285
Aug 2016315041.442.92$13,054
Jul 2016281041.622.92$11,695
Jun 2016350045.352.69$15,873
May 2016414042.521.99$17,603
Apr 2016382036.561.99$13,966
Mar 2016336033.011.79$11,091
Feb 2016299026.472.06$7,915
Jan 2016344027.352.36$9,408
Dec 2015343032.362.00$11,099
Nov 2015325038.792.17$12,607
Oct 2015362043.552.43$15,765
Sep 2015309042.992.76$13,284
Aug 2015333040.162.87$13,373
Jul 2015338048.152.95$16,275
Jun 2015335056.152.88$18,810
May 2015341055.212.96$18,827
Apr 2015339049.822.71$16,889
Mar 2015337042.892.93$14,454
Feb 2015361044.662.98$16,122
Jan 2015227043.433.10$9,859
Dec 2014390054.693.59$21,329
Nov 2014372070.464.25$26,211
Oct 2014397078.303.90$31,085
Sep 2014292086.164.05$25,159
Aug 2014336089.394.04$30,035
Jul 2014350096.564.18$33,796
Jun 2014335098.164.74$32,884
May 2014338094.734.73$32,019
Apr 2014368095.944.81$35,306
Mar 2014283095.895.06$27,137
Feb 2014270097.406.19$26,298
Jan 2014357090.404.86$32,273
Dec 2013222091.824.35$20,384
Nov 2013288088.853.74$25,589
Oct 2013338097.423.78$32,928
Sep 20133580104.113.72$37,271
Aug 20133040104.253.52$31,692
Jul 20133600102.523.72$36,907
Jun 2013337094.403.93$31,813
May 2013190094.834.15$18,018
Apr 2013188093.964.28$17,664
Mar 2013171093.623.91$16,009
Feb 2013191091.233.42$17,425
Jan 2013236091.603.42$21,618
Dec 2012228086.773.42$19,784
Nov 2012185086.953.62$16,086
Oct 2012208089.383.40$18,591
Sep 2012390094.672.92$36,921
Aug 2012351092.662.91$32,524
Jul 2012409085.133.02$34,818
Jun 2012386079.822.52$30,811
May 2012495091.612.49$45,347
Apr 20125930101.652.00$60,278
Mar 20125630105.052.22$59,143
Feb 20125200101.102.57$52,572
Jan 2012611098.092.73$59,933
Dec 2011572096.873.24$55,410
Nov 2011584095.723.31$55,900
Oct 2011600084.983.65$50,988
Sep 2011576083.623.99$48,165
Aug 2011569083.404.15$47,455
Jul 2011539094.144.52$50,741
Jun 2011536092.904.64$49,794
May 2011527098.134.40$51,715
Apr 20115210105.964.33$55,205
Mar 2011567096.364.06$54,636
Feb 2011381085.644.18$32,629
Jan 2011573086.504.59$49,565
Dec 2010555085.734.35$47,580
Nov 2010540080.843.80$43,654
Oct 2010552078.103.51$43,111
Sep 2010540072.633.98$39,220
Aug 2010536073.684.42$39,492
Jul 20105212272.554.74$37,903
Jun 20105231270.364.91$36,857
May 20105361271.124.24$38,171
Apr 2010486981.694.12$39,738
Mar 20105232178.394.39$41,090
Feb 20105082873.585.44$37,531
Jan 2010490774.365.96$36,478
Dec 20095382271.445.48$38,555
Nov 20095253174.593.75$39,276
Oct 20095794872.544.11$42,198
Sep 20095875065.543.06$38,625
Aug 20095884467.423.22$39,785
Jul 20096143761.133.46$37,662
Jun 20095604066.163.90$37,205
May 20096135154.743.93$33,756
Apr 20096064946.773.59$28,518
Mar 20096264042.144.06$26,542
Feb 20095462632.814.63$18,035
Jan 20096293635.865.37$22,749
Dec 20085986537.105.98$22,574
Nov 20086424355.496.86$35,920
Oct 20085912175.246.92$44,612
Sep 20085843101.767.88$59,451
Aug 20086157114.228.48$70,305
Jul 200865221131.0811.39$85,703
Jun 200862969131.3313.03$83,506
May 200868082123.1711.57$84,705
Apr 200865046110.3110.45$72,182
Mar 200867429101.909.66$68,961
Feb 20086424292.538.77$59,773
Jan 20087041090.388.21$63,710
Dec 20077274388.337.30$64,530
Nov 20075795891.677.29$53,500
Oct 20075798482.856.92$48,552
Sep 20075399275.846.24$41,452
Aug 200759018169.066.39$41,902
Jul 20075893370.906.39$41,971
Jun 20075743662.007.55$35,860
May 20076013058.747.85$35,538
Apr 20075822959.617.81$34,919
Mar 20076672356.927.30$38,134
Feb 20076124855.108.22$34,116
Jan 20076846550.306.73$34,842
Dec 20066866656.656.92$39,319
Nov 20066883154.207.62$37,526
Oct 2006712854.906.01$39,137
Sep 20067431260.085.04$44,700
Aug 2006764968.717.34$52,561
Jul 2006773469.376.34$53,648
Jun 2006744066.286.38$49,312
May 2006722066.016.42$47,659
Apr 2006688364.397.36$44,322
Mar 20067136756.707.08$40,902
Feb 20066416857.597.75$37,442
Jan 2006763060.598.93$46,230
Dec 20057098854.9413.42$40,133
Nov 20057238054.6910.59$40,388
Oct 20056627158.3413.80$39,601
Sep 20055945961.4512.08$37,214
Aug 20056178161.519.80$38,745
Jul 20056919455.697.84$39,219
Jun 20056438752.337.38$34,290
May 20056468245.226.65$29,758
Apr 20056248549.207.36$31,326
Mar 20056897450.377.15$35,234
Feb 20056065345.226.31$27,738
Jan 20055998543.166.32$26,390
Dec 20047018439.866.75$28,509
Nov 20047667945.286.33$35,185
Oct 200482610049.706.52$41,704
Sep 20048159243.245.28$35,727
Aug 20047838942.375.55$33,670
Jul 20047336938.286.08$28,479
Jun 20047446936.106.43$27,302
May 20047623337.486.49$28,774
Apr 2004682034.475.86$23,509
Mar 20047261234.365.53$25,012
Feb 20047201832.455.51$23,463
Jan 2004796032.036.30$25,496
Dec 20038352930.266.30$25,450
Nov 20037467528.804.60$21,829
Oct 20037507628.174.76$21,489
Sep 20036015826.314.75$16,088
Aug 20036038829.765.13$18,397
Jul 200380913129.415.17$24,470
Jun 200378612428.565.98$23,190
May 200357117126.595.97$16,204
Apr 200364011526.675.41$17,691
Mar 20036716731.146.10$21,303
Feb 20035874233.487.93$19,986
Jan 20035313430.315.58$16,284
Dec 2002590026.914.85$15,877
Nov 2002763224.664.14$18,824
Oct 20025811626.464.23$15,441
Sep 20025825527.443.64$16,170
Aug 20024933425.963.16$12,906
Jul 20025014124.583.06$12,440
Jun 20025033723.733.34$12,060
May 20024892924.663.58$12,163
Apr 20026302423.653.51$14,984
Mar 20025682622.003.10$12,577
Feb 20025112518.222.38$9,370
Jan 20026534817.172.38$11,326
Dec 20017283916.932.36$12,417
Nov 20015511318.072.41$9,988
Oct 2001568019.782.53$11,235
Sep 2001496024.262.25$12,033
Aug 2001605024.873.05$15,046
Jul 2001859023.933.20$20,556
Jun 20015902624.563.82$14,590
May 2001958125.524.31$24,452
Apr 2001816124.685.34$20,144
Mar 20011,085124.545.38$26,631
Feb 2001728127.755.77$20,208
Jan 2001612227.478.40$16,828
Dec 2000517126.889.12$13,906
Nov 2000598132.215.66$19,267
Oct 2000627131.235.15$19,586
Sep 2000511231.875.19$16,296
Aug 2000491229.644.54$14,562
Jul 2000559128.534.09$15,952
Jun 2000588129.304.40$17,233
May 2000554127.263.68$15,106
Apr 2000512024.513.12$12,549
Mar 2000719028.422.86$20,434
Feb 2000525127.622.73$14,503
Jan 2000283125.272.48$7,154
Dec 1999199024.282.42$4,832
Nov 1999280023.192.43$6,493
Oct 1999365020.982.80$7,658
Sep 1999348321.752.62$7,577
Aug 1999338419.262.88$6,521
Jul 1999333317.892.37$5,964
Jun 1999283415.942.36$4,520
May 1999293315.792.32$4,633
Apr 1999325015.102.21$4,908
Mar 19997081012.471.84$8,847
Feb 1999550119.981.82$5,509
Jan 1999612710.381.90$6,366
Dec 199825339.201.77$2,333
Nov 1998275310.892.19$3,001
Oct 1998280012.421.97$3,478
Sep 1998261112.592.08$3,288
Aug 1998254011.301.91$2,870
Jul 1998268311.742.24$3,153
Jun 1998268311.242.24$3,019
May 1998288012.622.21$3,635
Apr 1998211313.042.51$2,759
Mar 1998264312.802.31$3,386
Feb 1998240313.952.30$3,355
Jan 1998267114.702.15$3,927
Dec 1997250016.322.41$4,080
Nov 1997254018.193.09$4,620
Oct 1997225019.253.15$4,331
Sep 1997211017.742.95$3,743
Aug 1997276017.862.55$4,929
Jul 199782017.582.25$1,442
Jun 1997179017.242.26$3,086
May 1997250018.972.31$4,743
Apr 1997274017.882.08$4,899
Mar 1997307018.951.94$5,818
Feb 1997194020.492.21$3,975
Jan 1997215523.483.54$5,066
Dec 1996204623.32$4,757
Nov 19961531121.97$3,361
Oct 1996179623.31$4,172
Sep 1996124322.22$2,755
Aug 1996166020.26$3,363
Jul 19961381019.55$2,698
Jun 1996187818.73$3,503
May 19962031519.43$3,944
Apr 19961961121.51$4,216
Mar 1996200519.38$3,876
Feb 1996180016.98$3,056
Jan 1996191117.07$3,260
Dec 1995167517.19$2,871
Nov 1995123516.00$1,968
Oct 19951101015.43$1,697
Sep 199585416.18$1,375
Aug 1995228615.92$3,630
Jul 1995232515.24$3,536
Jun 1995218216.41$3,577
May 1995202317.56$3,547
Apr 1995131217.73$2,323
Mar 1995182216.44$2,992
Feb 1995120116.58$1,990
Jan 1995131115.92$2,086
Dec 1994161115.03$2,420
Nov 1994127215.90$2,019
Oct 1994135515.58$2,103
Sep 1994116115.29$1,774
Aug 1994101616.13$1,629
Jul 1994101117.56$1,774
Jun 1994101117.09$1,726
May 1994113515.88$1,794
Apr 1994134714.14$1,895
Mar 1994149612.46$1,857
Feb 1994136512.50$1,700
Jan 1994140512.66$1,772
Dec 1993144612.33$1,776
Nov 199375414.49$1,087
Oct 19932091215.85$3,313
Sep 19933853415.03$5,787
Aug 19933943915.66$6,170
Jul 19933852815.46$5,952
Jun 1993381516.79$6,397
May 19933682117.68$6,506
Apr 19933731618.05$6,733
Mar 19933901218.14$7,075
Feb 19933451017.90$6,176
Jan 19935371316.93$9,091

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                  260 bbl  × $106.41 =    $27,667
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $27,667

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/840 is the state's own key, not one this site invented.