PEASLEE, J.I. ET AL

Operated by STEWART CONSTRUCTION (P-5 820794) in the YOUNG COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21304District 09Field 99480001OilCasinghead gasSaveExport
Value, all time
$474 k
Jan 1993 – May 2026
Value, last 12 filed months
$9 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 2,525 leases and 8,014 wells, and the rule below applies to all of them.

Discovered
1917-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition8,469 bbl$473,888
Casinghead gasProduction136 Mcf$322
Total$474,210

48 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 (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 33.3528, -98.5386. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.35276, -98.53863 · 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
982 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 982 ft.

Completions filed
Jul 1981
1 of 1 wells

1 well

42-503351011982 ftJul 1981

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 202664063.503.75$4,064
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 202536063.933.01$2,301
Jul 20250066.743.32$0
Jun 202540066.483.13$2,659
May 202541060.553.23$2,483
Apr 20250062.363.54$0
Mar 202544067.704.27$2,979
Feb 202551070.884.34$3,615
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202424069.612.36$1,671
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202436078.082.63$2,811
May 202449078.812.20$3,862
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023130071.262.61$9,264
Nov 20230077.892.81$0
Oct 202335085.443.09$2,990
Sep 20230089.042.74$0
Aug 202351080.522.67$4,107
Jul 20230074.852.64$0
Jun 2023128068.962.26$8,827
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023123072.852.39$8,961
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022111085.005.65$9,435
Oct 202237087.185.86$3,226
Sep 202266084.888.16$5,602
Aug 202296094.529.13$9,074
Jul 202200101.587.54$0
Jun 20221320115.097.98$15,192
May 202200109.378.43$0
Apr 2022510104.226.84$5,315
Mar 202200108.885.08$0
Feb 202244091.054.86$4,006
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202189077.435.24$6,891
Oct 2021108079.795.71$8,617
Sep 20210069.865.35$0
Aug 202152066.024.22$3,433
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202136063.483.02$2,285
Apr 20210060.362.76$0
Mar 202178061.302.72$4,781
Feb 202163057.805.55$3,641
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020127038.772.71$4,924
Oct 2020127036.972.48$4,695
Sep 20200037.091.99$0
Aug 2020103039.982.39$4,118
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019131053.472.42$7,005
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019135052.782.49$7,125
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018135052.934.24$7,146
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017137045.373.26$6,216
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016137046.193.09$6,328
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016136036.561.99$4,972
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015137040.162.87$5,502
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014132054.693.59$7,219
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014135098.164.74$13,252
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013136088.853.74$12,084
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013134094.403.93$12,650
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012135086.773.42$11,714
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012135098.092.73$13,242
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011133083.404.15$11,092
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011131085.644.18$11,219
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 2010112073.684.42$8,252
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010132078.394.39$10,347
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009135066.163.90$8,932
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081360114.228.48$15,534
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081360110.3110.45$15,002
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007134070.906.39$9,501
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006135056.656.92$7,648
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006120066.016.42$7,921
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006136060.598.93$8,240
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005136058.3413.80$7,934
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005134055.697.84$7,462
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005135049.207.36$6,642
Mar 20050050.377.15$0
Feb 2005135045.226.31$6,105
Jan 20050043.166.32$0
Dec 2004136039.866.75$5,421
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004136043.245.28$5,881
Aug 2004135042.375.55$5,720
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040137.486.49$6
Apr 20040134.475.86$6
Mar 20040134.365.53$6
Feb 20040132.455.51$6
Jan 20040132.036.30$6
Dec 20030130.266.30$6
Nov 20030128.804.60$5
Oct 20030128.174.76$5
Sep 20030126.314.75$5
Aug 20030129.765.13$5
Jul 20030129.415.17$5
Jun 20030128.565.98$6
May 20030126.595.97$6
Apr 20030126.675.41$5
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 20030130.315.58$6
Dec 20020126.914.85$5
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 20020127.443.64$4
Aug 20020025.963.16$0
Jul 20020124.583.06$3
Jun 20020123.733.34$3
May 20020124.663.58$4
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 20020118.222.38$2
Jan 20020117.172.38$2
Dec 20010116.932.36$2
Nov 20010118.072.41$2
Oct 20010119.782.53$3
Sep 20010124.262.25$2
Aug 2001137124.873.05$3,410
Jul 20010123.933.20$3
Jun 2001138124.563.82$3,393
May 20010125.524.31$4
Apr 2001130124.685.34$3,214
Mar 20010124.545.38$5
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 20000126.889.12$9
Nov 20000132.215.66$6
Oct 20000131.235.15$5
Sep 2000108131.875.19$3,447
Aug 20000129.644.54$5
Jul 2000134128.534.09$3,827
Jun 20000129.304.40$4
May 20000127.263.68$4
Apr 2000134124.513.12$3,287
Mar 20000128.422.86$3
Feb 20000127.622.73$3
Jan 2000135125.272.48$3,414
Dec 19990124.282.42$2
Nov 19990123.192.43$2
Oct 1999134120.982.80$2,814
Sep 19990121.752.62$3
Aug 19990119.262.88$3
Jul 19990117.892.37$2
Jun 19990115.942.36$2
May 19990115.792.32$2
Apr 19990115.102.21$2
Mar 19990112.471.84$2
Feb 1999019.981.82$2
Jan 19990110.381.90$2
Dec 1998019.201.77$2
Nov 19980110.892.19$2
Oct 19980112.421.97$2
Sep 19980112.592.08$2
Aug 19980111.301.91$2
Jul 19980111.742.24$2
Jun 19980111.242.24$2
May 19980112.622.21$2
Apr 19980113.042.51$3
Mar 19980112.802.31$2
Feb 19980113.952.30$2
Jan 19980114.702.15$2
Dec 19970116.322.41$2
Nov 1997137118.193.09$2,495
Oct 19970119.253.15$3
Sep 19970117.742.95$3
Aug 19970117.862.55$3
Jul 19970117.582.25$2
Jun 1997134117.242.26$2,312
May 19970118.972.31$2
Apr 19970117.882.08$2
Mar 19970118.951.94$2
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 19960123.32$0
Nov 19960121.97$0
Oct 19960123.31$0
Sep 19960122.22$0
Aug 19960120.26$0
Jul 19960119.55$0
Jun 19960118.73$0
May 19960119.43$0
Apr 19960121.51$0
Mar 19960119.38$0
Feb 19960116.98$0
Jan 19960117.07$0
Dec 19950117.19$0
Nov 19950116.00$0
Oct 19950115.43$0
Sep 1995135116.18$2,184
Aug 19950115.92$0
Jul 19950115.24$0
Jun 1995132116.41$2,166
May 19950117.56$0
Apr 19950117.73$0
Mar 19950116.44$0
Feb 19950116.58$0
Jan 1995165115.92$2,627
Dec 19940115.03$0
Nov 19940115.90$0
Oct 19940115.58$0
Sep 19940115.29$0
Aug 19940116.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 1994135115.88$2,144
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 1994133112.66$1,684
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930115.85$0
Sep 19930115.03$0
Aug 19930115.66$0
Jul 19930115.46$0
Jun 19930116.79$0
May 1993134117.68$2,369
Apr 19930118.05$0
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930116.93$0

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.

Feb 2026 — as filed, then multipliedworked
Oil                   64 bbl  × $ 63.50 =     $4,064
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                   $4,064

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/21304 is the state's own key, not one this site invented.