INGLISH

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 248922District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$369 k
Oct 2008 – May 2026
Value, last 12 filed months
$774
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 Gas112015-12-10211951
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
CondensateDisposition549 bbl$37,439
GasProduction81,415 Mcf$331,931
Total$369,370

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 33.4603, -97.4400. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.46027, -97.44000 · 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
8,778 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 8,778 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-0973388478,778 ftJul 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 202601998.932.87$55
Mar 202601889.753.15$57
Feb 202601663.503.75$60
Jan 202601459.138.00$112
Dec 202503756.664.41$163
Nov 20250058.593.93$0
Oct 202503759.383.30$122
Sep 20250062.743.08$0
Aug 202502063.933.01$60
Jul 202502066.743.32$66
Jun 202502566.483.13$78
May 20250060.553.23$0
Apr 202501762.363.54$60
Mar 20250967.704.27$38
Feb 202501870.884.34$78
Jan 20250074.324.28$0
Dec 202401568.993.12$47
Nov 202403069.052.20$66
Oct 202402571.372.28$57
Sep 202402169.612.36$50
Aug 202402675.632.06$54
Jul 202403179.932.15$67
Jun 202402278.082.63$58
May 202401378.812.20$29
Apr 202402484.451.66$40
Mar 202403180.301.55$48
Feb 202402476.091.78$43
Jan 202403173.023.30$102
Dec 202303371.262.61$86
Nov 202303077.892.81$84
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202307474.852.64$195
Jun 2023070468.962.26$1,590
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202201109.378.43$8
Apr 202201104.226.84$7
Mar 202201108.885.08$5
Feb 20220191.054.86$5
Jan 20220181.844.54$5
Dec 20210171.323.90$4
Nov 20210177.435.24$5
Oct 20210179.795.71$6
Sep 20210169.865.35$5
Aug 20210166.024.22$4
Jul 20210170.783.98$4
Jun 20210169.493.38$3
May 20210163.483.02$3
Apr 20210160.362.76$3
Mar 20210161.302.72$3
Feb 20210157.805.55$6
Jan 20210150.412.81$3
Dec 20200144.642.68$3
Nov 20200138.772.71$3
Oct 202025136.972.48$927
Sep 20200137.091.99$2
Aug 20200139.982.39$2
Jul 20200138.371.83$2
Jun 20200134.901.69$2
May 20200116.921.81$2
Apr 20200114.751.80$2
Mar 20200130.341.86$2
Feb 2020013549.881.98$267
Jan 2020013457.252.09$281
Dec 2019013659.012.30$313
Nov 2019013555.302.75$371
Oct 2019014253.472.42$343
Sep 2019014055.052.66$372
Aug 2019014753.112.30$339
Jul 2019015256.272.46$374
Jun 2019014652.782.49$364
May 2019015458.482.74$422
Apr 2019015862.632.75$435
Mar 2019014656.803.06$447
Feb 2019011250.852.79$313
Jan 2019011346.033.23$365
Dec 2018016546.594.19$691
Nov 201806652.934.24$280
Oct 2018012961.443.40$438
Sep 201808959.543.11$277
Aug 2018011659.403.07$356
Jul 2018016765.142.93$490
Jun 2018010160.183.08$311
May 2018021865.382.90$632
Apr 2018024263.842.90$702
Mar 2018027961.222.79$778
Feb 2018034161.782.77$943
Jan 2018062562.874.01$2,506
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017018745.373.00$562
Jul 2017021643.873.09$667
Jun 2017021142.493.09$651
May 2017022045.373.26$718
Apr 2017028847.933.21$925
Mar 20177234446.772.98$4,394
Feb 2017022650.452.95$667
Jan 201708249.413.42$280
Dec 2016024748.763.72$920
Nov 2016027042.492.64$714
Oct 2016028846.193.09$890
Sep 2016028441.553.10$881
Aug 2016030041.442.92$877
Jul 2016030341.622.92$886
Jun 2016030845.352.69$827
May 2016032142.521.99$639
Apr 2016032736.561.99$651
Mar 2016034933.011.79$626
Feb 2016033726.472.06$695
Jan 2016046427.352.36$1,097
Dec 201502032.362.00$40
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150149.822.71$3
Mar 20150042.892.93$0
Feb 201503144.662.98$92
Jan 20150143.433.10$3
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140678.303.90$23
Sep 2014010286.164.05$413
Aug 2014024389.394.04$981
Jul 2014036796.564.18$1,534
Jun 2014036798.164.74$1,738
May 2014038494.734.73$1,815
Apr 2014037095.944.81$1,779
Mar 2014039095.895.06$1,972
Feb 2014033397.406.19$2,062
Jan 2014039190.404.86$1,901
Dec 2013040291.824.35$1,751
Nov 2013040288.853.74$1,503
Oct 2013042397.423.78$1,599
Sep 20130414104.113.72$1,539
Aug 20130430104.253.52$1,515
Jul 20130433102.523.72$1,610
Jun 2013042894.403.93$1,684
May 2013044894.834.15$1,859
Apr 2013043793.964.28$1,871
Mar 2013045693.623.91$1,784
Feb 2013041391.233.42$1,412
Jan 2013045791.603.42$1,563
Dec 201213147986.773.42$13,005
Nov 2012047286.953.62$1,711
Oct 2012050089.383.40$1,700
Sep 2012048894.672.92$1,424
Aug 2012051492.662.91$1,495
Jul 2012052485.133.02$1,583
Jun 2012055479.822.52$1,396
May 2012066891.612.49$1,662
Apr 20120783101.652.00$1,563
Mar 20120821105.052.22$1,824
Feb 20120771101.102.57$1,982
Jan 2012083298.092.73$2,275
Dec 2011083796.873.24$2,712
Nov 2011081595.723.31$2,699
Oct 2011084584.983.65$3,083
Sep 2011085683.623.99$3,412
Aug 2011088383.404.15$3,664
Jul 2011091294.144.52$4,120
Jun 2011090592.904.64$4,199
May 2011096298.134.40$4,237
Apr 20110936105.964.33$4,056
Mar 2011099896.364.06$4,049
Feb 2011092285.644.18$3,854
Jan 201101,05786.504.59$4,850
Dec 201001,11585.734.35$4,848
Nov 201001,17280.843.80$4,448
Oct 201001,18378.103.51$4,151
Sep 201001,19772.633.98$4,763
Aug 201001,24473.684.42$5,498
Jul 201001,33672.554.74$6,328
Jun 201001,31170.364.91$6,438
May 201001,38371.124.24$5,857
Apr 20101931,33881.694.12$21,282
Mar 201001,40478.394.39$6,162
Feb 201001,28773.585.44$7,004
Jan 201011,51674.365.96$9,116
Dec 200901,55171.445.48$8,505
Nov 200901,56974.593.75$5,886
Oct 200901,66572.544.11$6,844
Sep 200901,64965.543.06$5,054
Aug 200901,75567.423.22$5,648
Jul 200901,78261.133.46$6,174
Jun 200901,75666.163.90$6,840
May 200901,84054.743.93$7,223
Apr 20091271,86546.773.59$12,630
Mar 200902,00242.144.06$8,126
Feb 200901,84232.814.63$8,534
Jan 200902,07335.865.37$11,134
Dec 200802,13937.105.98$12,785
Nov 200802,14555.496.86$14,715
Oct 200802,34275.246.92$16,211

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
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   19 Mcf  × $  2.87 =        $55

────────────────────────────────────────────────────
Month total                                      $55

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/248922 is the state's own key, not one this site invented.