HEARD, S. W., UNIT

Operated by BAH-PEPPER OPERATING, LLC (P-5 42808) in the HILDRETH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12537District 09Field 41429001OilCasinghead gasSaveExport
Value, all time
$4.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$128 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 45 leases and 103 wells, and the rule below applies to all of them.

Discovered
1942-09-08
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

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
OilDisposition86,874 bbl$4,236,696
Casinghead gasProduction21 Mcf$0
Total$4,236,696

21 Mcf of this lease's gas, across 21 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 (7)

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 33.6726, -97.8281. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

33.67352, -97.82958 · 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
42.9%
3 of 7 wells
With a plug date
14.3%
1 of 7 wells
Median depth
6,238 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
342.9%
A plug date is filed
114.3%
BothOn the schedule and plugged. Neither fact cancels the other.
114.3%
NeitherNo plug date, and not on the schedule.
457.1%

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 6,190 and 6,286 ft, median 6,238 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1994
1 of 7 wells; 6 filed none

7 wells

42-33701180C 16,190 ft1974Yes
42-33782041A 2Yes
42-33782042B 1Yes
42-337820391
42-33782040A 1
42-33782043B 2
42-33701174F 16,286 ftApr 1994

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 20261580106.413.05$16,813
Apr 2026149098.932.87$14,741
Mar 2026172089.753.15$15,437
Feb 2026158063.503.75$10,033
Jan 20260059.138.00$0
Dec 2025157056.664.41$8,896
Nov 2025170058.593.93$9,960
Oct 2025156059.383.30$9,263
Sep 2025167062.743.08$10,478
Aug 2025157063.933.01$10,037
Jul 2025160066.743.32$10,678
Jun 2025168066.483.13$11,169
May 2025166060.553.23$10,051
Apr 2025162062.363.54$10,102
Mar 2025173067.704.27$11,712
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024158068.993.12$10,900
Nov 2024166069.052.20$11,462
Oct 2024176071.372.28$12,561
Sep 2024161069.612.36$11,207
Aug 2024169075.632.06$12,781
Jul 2024166079.932.15$13,268
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024154084.451.66$13,005
Mar 2024351080.301.55$28,185
Feb 2024165076.091.78$12,555
Jan 2024172073.023.30$12,559
Dec 2023164071.262.61$11,687
Nov 2023168077.892.81$13,086
Oct 2023170085.443.09$14,525
Sep 20230089.042.74$0
Aug 2023163080.522.67$13,125
Jul 2023164074.852.64$12,275
Jun 2023162068.962.26$11,172
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023167075.112.47$12,543
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 2022160087.185.86$13,949
Sep 2022162084.888.16$13,751
Aug 2022167094.529.13$15,785
Jul 20221710101.587.54$17,370
Jun 20221750115.097.98$20,141
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20223480108.885.08$37,890
Feb 2022158091.054.86$14,386
Jan 2022173081.844.54$14,158
Dec 20210071.323.90$0
Nov 2021354077.435.24$27,410
Oct 20210079.795.71$0
Sep 2021164069.865.35$11,457
Aug 2021309066.024.22$20,400
Jul 2021171070.783.98$12,103
Jun 2021164069.493.38$11,396
May 2021315063.483.02$19,996
Apr 20210060.362.76$0
Mar 2021327061.302.72$20,045
Feb 2021164057.805.55$9,479
Jan 2021158050.412.81$7,965
Dec 2020162044.642.68$7,232
Nov 2020161038.772.71$6,242
Oct 2020154036.972.48$5,693
Sep 2020177037.091.99$6,565
Aug 2020166039.982.39$6,637
Jul 2020163038.371.83$6,254
Jun 2020155034.901.69$5,410
May 20200016.921.81$0
Apr 2020169014.751.80$2,493
Mar 2020160030.341.86$4,854
Feb 20200049.881.98$0
Jan 2020159057.252.09$9,103
Dec 2019168059.012.30$9,914
Nov 2019328055.302.75$18,138
Oct 2019156053.472.42$8,341
Sep 2019156055.052.66$8,588
Aug 2019313053.112.30$16,623
Jul 2019325056.272.46$18,288
Jun 2019155052.782.49$8,181
May 2019154058.482.74$9,006
Apr 2019162062.632.75$10,146
Mar 2019153056.803.06$8,690
Feb 2019167050.852.79$8,492
Jan 2019174046.033.23$8,009
Dec 2018178046.594.19$8,293
Nov 2018308052.934.24$16,302
Oct 2018333061.443.40$20,460
Sep 20180059.543.11$0
Aug 2018173059.403.07$10,276
Jul 2018333065.142.93$21,692
Jun 2018177060.183.08$10,652
May 2018323065.382.90$21,118
Apr 2018174063.842.90$11,108
Mar 2018172061.222.79$10,530
Feb 2018173061.782.77$10,688
Jan 2018173062.874.01$10,877
Dec 2017335057.272.92$19,185
Nov 20170055.423.12$0
Oct 2017154049.292.98$7,591
Sep 2017173047.523.09$8,221
Aug 2017340045.373.00$15,426
Jul 2017167043.873.09$7,326
Jun 2017155042.493.09$6,586
May 2017337045.373.26$15,290
Apr 2017515047.933.21$24,684
Mar 20170046.772.98$0
Feb 2017333050.452.95$16,800
Jan 2017137049.413.42$6,769
Dec 2016345048.763.72$16,822
Nov 2016155042.492.64$6,586
Oct 2016153046.193.09$7,067
Sep 2016166041.553.10$6,897
Aug 2016156041.442.92$6,465
Jul 2016322041.622.92$13,402
Jun 2016159045.352.69$7,211
May 2016319042.521.99$13,564
Apr 2016162036.561.99$5,923
Mar 2016164033.011.79$5,414
Feb 2016160026.472.06$4,235
Jan 2016347027.352.36$9,490
Dec 2015154032.362.00$4,983
Nov 2015153038.792.17$5,935
Oct 2015158043.552.43$6,881
Sep 2015331042.992.76$14,230
Aug 2015166040.162.87$6,667
Jul 2015320048.152.95$15,408
Jun 2015158056.152.88$8,872
May 2015351055.212.96$19,379
Apr 2015330049.822.71$16,441
Mar 2015156042.892.93$6,691
Feb 20150044.662.98$0
Jan 2015333043.433.10$14,462
Dec 2014163054.693.59$8,914
Nov 2014170070.464.25$11,978
Oct 2014331078.303.90$25,917
Sep 2014168086.164.05$14,475
Aug 2014324089.394.04$28,962
Jul 2014173096.564.18$16,705
Jun 2014339098.164.74$33,276
May 2014161094.734.73$15,252
Apr 2014340095.944.81$32,620
Mar 2014330095.895.06$31,644
Feb 2014171097.406.19$16,655
Jan 2014169090.404.86$15,278
Dec 2013323091.824.35$29,658
Nov 2013322088.853.74$28,610
Oct 2013165097.423.78$16,074
Sep 20131690104.113.72$17,595
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013167094.403.93$15,765
May 2013322094.834.15$30,535
Apr 2013171093.964.28$16,067
Mar 2013332093.623.91$31,082
Feb 2013160091.233.42$14,597
Jan 2013338091.603.42$30,961
Dec 2012316086.773.42$27,419
Nov 2012160086.953.62$13,912
Oct 2012167089.383.40$14,926
Sep 2012159094.672.92$15,053
Aug 2012323092.662.91$29,929
Jul 2012148085.133.02$12,599
Jun 2012337079.822.52$26,899
May 20120091.612.49$0
Apr 20121570101.652.00$15,959
Mar 20123260105.052.22$34,246
Feb 20121710101.102.57$17,288
Jan 2012335098.092.73$32,860
Dec 2011163096.873.24$15,790
Nov 2011319095.723.31$30,535
Oct 2011154084.983.65$13,087
Sep 2011325083.623.99$27,177
Aug 2011312083.404.15$26,021
Jul 2011156094.144.52$14,686
Jun 2011165092.904.64$15,329
May 2011128098.134.40$12,561
Apr 20111720105.964.33$18,225
Mar 2011290096.364.06$27,944
Feb 2011159085.644.18$13,617
Jan 2011170086.504.59$14,705
Dec 2010144085.734.35$12,345
Nov 2010145080.843.80$11,722
Oct 2010331078.103.51$25,851
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010331072.554.74$24,014
Jun 2010166070.364.91$11,680
May 2010169071.124.24$12,019
Apr 2010154081.694.12$12,580
Mar 2010151078.394.39$11,837
Feb 2010149073.585.44$10,963
Jan 20100074.365.96$0
Dec 2009170071.445.48$12,145
Nov 2009172074.593.75$12,829
Oct 20090072.544.11$0
Sep 2009163065.543.06$10,683
Aug 2009337067.423.22$22,721
Jul 2009165061.133.46$10,086
Jun 2009341066.163.90$22,561
May 200943054.743.93$2,354
Apr 2009205046.773.59$9,588
Mar 2009166042.144.06$6,995
Feb 2009331032.814.63$10,860
Jan 2009166035.865.37$5,953
Dec 2008295037.105.98$10,945
Nov 2008178055.496.86$9,877
Oct 2008169075.246.92$12,716
Sep 20082940101.767.88$29,917
Aug 20083390114.228.48$38,721
Jul 20083240131.0811.39$42,470
Jun 20083220131.3313.03$42,288
May 20083010123.1711.57$37,074
Apr 20083210110.3110.45$35,410
Mar 20083290101.909.66$33,525
Feb 2008170092.538.77$15,730
Jan 2008335090.388.21$30,277
Dec 2007330088.337.30$29,149
Nov 2007181091.677.29$16,592
Oct 2007177082.856.92$14,664
Sep 20070075.846.24$0
Aug 2007342069.066.39$23,619
Jul 2007179070.906.39$12,691
Jun 2007325062.007.55$20,150
May 2007333058.747.85$19,560
Apr 2007328059.617.81$19,552
Mar 2007347056.927.30$19,751
Feb 2007174055.108.22$9,587
Jan 2007333050.306.73$16,750
Dec 20060056.656.92$0
Nov 2006151054.207.62$8,184
Oct 2006312054.906.01$17,129
Sep 20060060.085.04$0
Aug 2006173068.717.34$11,887
Jul 2006169069.376.34$11,724
Jun 2006309066.286.38$20,481
May 2006346066.016.42$22,839
Apr 2006340064.397.36$21,893
Mar 2006328056.707.08$18,598
Feb 20060057.597.75$0
Jan 2006329060.598.93$19,934
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005315058.3413.80$18,377
Sep 2005175061.4512.08$10,754
Aug 2005349061.519.80$21,467
Jul 2005344055.697.84$19,157
Jun 2005331052.337.38$17,321
May 2005167045.226.65$7,552
Apr 2005308049.207.36$15,154
Mar 2005344050.377.15$17,327
Feb 2005173045.226.31$7,823
Jan 20050043.166.32$0
Dec 2004153039.866.75$6,099
Nov 2004138045.286.33$6,249
Oct 2004169049.706.52$8,399
Sep 2004340043.245.28$14,702
Aug 2004306042.375.55$12,965
Jul 2004486038.286.08$18,604
Jun 2004170036.106.43$6,137
May 2004348037.486.49$13,043
Apr 2004334034.475.86$11,513
Mar 2004171034.365.53$5,876
Feb 2004304032.455.51$9,865
Jan 2004340032.036.30$10,890
Dec 20030030.266.30$0
Nov 2003345028.804.60$9,936
Oct 2003337028.174.76$9,493
Sep 2003171026.314.75$4,499
Aug 2003338029.765.13$10,059
Jul 2003440029.415.17$12,940
Jun 2003162028.565.98$4,627
May 2003338026.595.97$8,987
Apr 2003302026.675.41$8,054
Mar 2003329031.146.10$10,245
Feb 2003328033.487.93$10,981
Jan 2003788030.315.58$23,884
Dec 20020026.914.85$0
Nov 2002171024.664.14$4,217
Oct 20020026.464.23$0
Sep 2002324027.443.64$8,891
Aug 2002170025.963.16$4,413
Jul 2002341024.583.06$8,382
Jun 2002169023.733.34$4,010
May 2002318024.663.58$7,842
Apr 2002169023.653.51$3,997
Mar 2002173022.003.10$3,806
Feb 20020018.222.38$0
Jan 2002170017.172.38$2,919
Dec 2001161016.932.36$2,726
Nov 2001174018.072.41$3,144
Oct 2001167019.782.53$3,303
Sep 2001312024.262.25$7,569
Aug 2001338024.873.05$8,406
Jul 2001164023.933.20$3,925
Jun 2001321024.563.82$7,884
May 2001166025.524.31$4,236
Apr 2001345024.685.34$8,515
Mar 2001172024.545.38$4,221
Feb 2001182027.755.77$5,051
Jan 2001176027.478.40$4,835
Dec 2000347026.889.12$9,327
Nov 2000177032.215.66$5,701
Oct 2000176031.235.15$5,496
Sep 2000336031.875.19$10,708
Aug 2000342029.644.54$10,137
Jul 2000167028.534.09$4,765
Jun 2000345029.304.40$10,109
May 2000178027.263.68$4,852
Apr 2000355024.513.12$8,701
Mar 2000181028.422.86$5,144
Feb 2000346027.622.73$9,557
Jan 2000347025.272.48$8,769
Dec 1999179024.282.42$4,346
Nov 1999351023.192.43$8,140
Oct 1999173020.982.80$3,630
Sep 1999182021.752.62$3,959
Aug 1999347019.262.88$6,683
Jul 1999171017.892.37$3,059
Jun 1999348015.942.36$5,547
May 1999178015.792.32$2,811
Apr 1999332015.102.21$5,013
Mar 1999171012.471.84$2,132
Feb 199935009.981.82$3,493
Jan 1999176010.381.90$1,827
Dec 199817609.201.77$1,619
Nov 1998174010.892.19$1,895
Oct 1998173012.421.97$2,149
Sep 1998169012.592.08$2,128
Aug 1998334011.301.91$3,774
Jul 1998178011.742.24$2,090
Jun 1998337011.242.24$3,788
May 1998172012.622.21$2,171
Apr 1998349013.042.51$4,551
Mar 1998343012.802.31$4,390
Feb 1998338013.952.30$4,715
Jan 1998180014.702.15$2,646
Dec 1997175016.322.41$2,856
Nov 1997364018.193.09$6,621
Oct 1997177019.253.15$3,407
Sep 1997314017.742.95$5,570
Aug 1997336017.862.55$6,001
Jul 1997335017.582.25$5,889
Jun 1997174017.242.26$3,000
May 1997279018.972.31$5,293
Apr 1997293017.882.08$5,239
Mar 1997335018.951.94$6,348
Feb 1997278020.492.21$5,696
Jan 1997181023.483.54$4,250
Dec 1996311023.32$7,253
Nov 1996349021.97$7,668
Oct 1996346023.31$8,065
Sep 1996343022.22$7,621
Aug 1996341020.26$6,909
Jul 1996164019.55$3,206
Jun 1996345018.73$6,462
May 1996333019.43$6,470
Apr 1996347021.51$7,464
Mar 1996348019.38$6,744
Feb 1996157016.98$2,666
Jan 1996318017.07$5,428
Dec 1995306017.19$5,260
Nov 1995296016.00$4,736
Oct 1995335015.43$5,169
Sep 1995299016.18$4,838
Aug 1995312015.92$4,967
Jul 1995304015.24$4,633
Jun 1995179016.41$2,937
May 1995359017.56$6,304
Apr 1995171017.73$3,032
Mar 1995321016.44$5,277
Feb 1995307016.58$5,090
Jan 1995366015.92$5,827
Dec 1994359015.03$5,396
Nov 1994341015.90$5,422
Oct 1994363015.58$5,656
Sep 1994166115.29$2,538
Aug 1994345116.13$5,565
Jul 1994348117.56$6,111
Jun 1994341117.09$5,828
May 1994166115.88$2,636
Apr 1994164114.14$2,319
Mar 1994181112.46$2,255
Feb 19940112.50$0
Jan 1994106112.66$1,342
Dec 1993115112.33$1,418
Nov 19930114.49$0
Oct 1993182115.85$2,885
Sep 1993375115.03$5,636
Aug 1993333115.66$5,215
Jul 1993370115.46$5,720
Jun 1993372116.79$6,246
May 1993377117.68$6,665
Apr 1993186118.05$3,357
Mar 1993370118.14$6,712
Feb 1993334117.90$5,979
Jan 1993349116.93$5,909

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                  158 bbl  × $106.41 =    $16,813
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $16,813

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/O/12537 is the state's own key, not one this site invented.