INGLISH D

Operated by OLEUM PARTNERS, LLC (P-5 100287) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 248540District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$865 k
Oct 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
212
no gaps in the span
Streams
2
condensate, 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
High Cost Gas112015-12-10211947
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
CondensateDisposition1,230 bbl$91,731
GasProduction207,656 Mcf$773,221
Total$864,952

Wells on this lease (1)

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 33.4772, -97.4410. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.47717, -97.44100 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,766 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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 8,766 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-0973386368,766 ftMar 2007

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 (212)

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

212 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 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202302185.443.09$65
Sep 2023265489.042.74$2,463
Aug 202305480.522.67$144
Jul 202334638374.852.64$26,910
Jun 20230068.962.26$0
May 202301770.622.23$38
Apr 2023021278.122.24$474
Mar 2023028672.852.39$684
Feb 2023021075.112.47$518
Jan 2023028276.533.39$955
Dec 2022029976.415.73$1,713
Nov 2022030385.005.65$1,711
Oct 2022034587.185.86$2,023
Sep 2022035984.888.16$2,931
Aug 2022037894.529.13$3,450
Jul 20220378101.587.54$2,851
Jun 20220372115.097.98$2,968
May 20220311109.378.43$2,623
Apr 20220310104.226.84$2,120
Mar 20220301108.885.08$1,528
Feb 202208291.054.86$398
Jan 2022011681.844.54$526
Dec 2021018071.323.90$702
Nov 2021016577.435.24$864
Oct 2021032479.795.71$1,851
Sep 2021019169.865.35$1,022
Aug 2021031666.024.22$1,334
Jul 2021038070.783.98$1,513
Jun 2021040869.493.38$1,379
May 2021046163.483.02$1,391
Apr 2021045860.362.76$1,263
Mar 2021046861.302.72$1,272
Feb 2021047457.805.55$2,630
Jan 2021054350.412.81$1,526
Dec 2020058344.642.68$1,560
Nov 20201058938.772.71$1,982
Oct 2020063736.972.48$1,579
Sep 2020063137.091.99$1,256
Aug 2020070339.982.39$1,677
Jul 2020055838.371.83$1,018
Jun 2020074834.901.69$1,264
May 2020078216.921.81$1,419
Apr 2020078514.751.80$1,416
Mar 2020082430.341.86$1,530
Feb 2020073649.881.98$1,458
Jan 2020082257.252.09$1,722
Dec 2019081259.012.30$1,871
Nov 2019082355.302.75$2,264
Oct 2019083853.472.42$2,027
Sep 2019086455.052.66$2,296
Aug 2019090553.112.30$2,085
Jul 2019095556.272.46$2,349
Jun 2019072452.782.49$1,804
May 2019088458.482.74$2,422
Apr 2019086062.632.75$2,366
Mar 2019079056.803.06$2,419
Feb 2019077750.852.79$2,170
Jan 2019089946.033.23$2,902
Dec 2018089946.594.19$3,763
Nov 2018088652.934.24$3,754
Oct 2018091061.443.40$3,092
Sep 2018090959.543.11$2,825
Aug 2018098059.403.07$3,005
Jul 2018095265.142.93$2,791
Jun 2018094460.183.08$2,905
May 2018093365.382.90$2,706
Apr 2018094463.842.90$2,738
Mar 2018097061.222.79$2,703
Feb 2018087561.782.77$2,420
Jan 2018096762.874.01$3,877
Dec 2017096057.272.92$2,805
Nov 2017095655.423.12$2,981
Oct 2017098949.292.98$2,951
Sep 2017091247.523.09$2,816
Aug 2017099845.373.00$2,998
Jul 201701,02943.873.09$3,177
Jun 2017099642.493.09$3,075
May 201701,04845.373.26$3,420
Apr 201701,01447.933.21$3,257
Mar 2017321,09846.772.98$4,773
Feb 2017111,01650.452.95$3,555
Jan 201701,14649.413.42$3,918
Dec 201601,16648.763.72$4,341
Nov 201601,05642.492.64$2,792
Oct 201601,17046.193.09$3,616
Sep 201601,07141.553.10$3,321
Aug 201601,16141.442.92$3,395
Jul 201601,18841.622.92$3,474
Jun 201601,16945.352.69$3,140
May 201601,27942.521.99$2,547
Apr 201601,57436.561.99$3,134
Mar 2016075433.011.79$1,353
Feb 201601,18826.472.06$2,452
Jan 201601,32627.352.36$3,135
Dec 201501,32632.362.00$2,654
Nov 2015881,37138.792.17$6,385
Oct 201501,68743.552.43$4,094
Sep 201501,25242.992.76$3,454
Aug 2015084840.162.87$2,436
Jul 201501,06048.152.95$3,122
Jun 201501,09556.152.88$3,157
May 2015067555.212.96$1,995
Apr 2015098649.822.71$2,669
Mar 201501,00842.892.93$2,958
Feb 2015096244.662.98$2,863
Jan 201501,07743.433.10$3,339
Dec 201401,07454.693.59$3,857
Nov 201401,04170.464.25$4,426
Oct 2014099378.303.90$3,874
Sep 201401,09486.164.05$4,426
Aug 201401,10989.394.04$4,475
Jul 201401,09996.564.18$4,593
Jun 201401,14198.164.74$5,405
May 201401,21394.734.73$5,733
Apr 201401,18195.944.81$5,680
Mar 201401,23395.895.06$6,235
Feb 201401,12497.406.19$6,960
Jan 201401,18390.404.86$5,750
Dec 201301,24791.824.35$5,430
Nov 201301,23688.853.74$4,621
Oct 201301,28497.423.78$4,853
Sep 201301,263104.113.72$4,696
Aug 201301,305104.253.52$4,597
Jul 201301,319102.523.72$4,904
Jun 201301,29494.403.93$5,090
May 201301,34194.834.15$5,564
Apr 201301,30093.964.28$5,567
Mar 201301,35093.623.91$5,282
Feb 201301,22991.233.42$4,203
Jan 201301,37891.603.42$4,713
Dec 20121261,37686.773.42$15,639
Nov 201201,36386.953.62$4,941
Oct 201201,41989.383.40$4,824
Sep 201201,47294.672.92$4,296
Aug 201201,59492.662.91$4,636
Jul 201201,60485.133.02$4,845
Jun 201201,62779.822.52$4,098
May 201201,61191.612.49$4,009
Apr 201201,491101.652.00$2,977
Mar 201201,544105.052.22$3,431
Feb 201201,540101.102.57$3,958
Jan 201201,68598.092.73$4,607
Dec 201101,72196.873.24$5,576
Nov 201101,68395.723.31$5,573
Oct 201101,67084.983.65$6,093
Sep 201101,66283.623.99$6,624
Aug 201101,71083.404.15$7,095
Jul 201101,75694.144.52$7,932
Jun 201101,62992.904.64$7,558
May 201101,76698.134.40$7,779
Apr 201101,755105.964.33$7,605
Mar 20111911,85296.364.06$25,919
Feb 201101,71185.644.18$7,152
Jan 201101,94586.504.59$8,925
Dec 201001,93885.734.35$8,426
Nov 201001,91680.843.80$7,272
Oct 201001,97078.103.51$6,913
Sep 201001,98472.633.98$7,895
Aug 201001,96473.684.42$8,680
Jul 201002,05472.554.74$9,729
Jun 201012,01570.364.91$9,965
May 201002,14771.124.24$9,093
Apr 201002,13681.694.12$8,806
Mar 20101902,19678.394.39$24,532
Feb 201001,92073.585.44$10,449
Jan 201002,14674.365.96$12,799
Dec 200902,19971.445.48$12,059
Nov 200902,12974.593.75$7,987
Oct 200902,25372.544.11$9,260
Sep 200902,23865.543.06$6,859
Aug 200902,34667.423.22$7,551
Jul 200902,36961.133.46$8,207
Jun 20091932,29266.163.90$21,696
May 200902,42254.743.93$9,508
Apr 200902,39346.773.59$8,585
Mar 200902,50642.144.06$10,172
Feb 200902,19932.814.63$10,188
Jan 200902,29535.865.37$12,326
Dec 2008162,37337.105.98$14,777
Nov 200802,65455.496.86$18,207
Oct 200803,63575.246.92$25,161

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.

Oct 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.44 =         $0
Gas                   21 Mcf  × $  3.09 =        $65

────────────────────────────────────────────────────
Month total                                      $65

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. 09/G/248540 is the state's own key, not one this site invented.