PERKINS AND CULLUM

Operated by R2Q OPERATING LLC (P-5 687719) in the WICHITA COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24885District 09Field 97155001OilCasinghead gasSaveExport
Value, all time
$550 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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 1,994 leases and 19,278 wells, and the rule below applies to all of them.

Discovered
1910-12-31
as the register files it
Field class
Oil
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
OilDisposition25,127 bbl$550,311
Casinghead gasProduction22 Mcf$0
Total$550,311

22 Mcf of this lease's gas, across 22 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 (13)

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 33.8532, -98.6882. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

33.85261, -98.68985 · 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
92.3%
12 of 13 wells
With a plug date
92.3%
12 of 13 wells
Median depth
1,848 ft
13 wells filed one
Completion to plug
25.9 years
median over 12 wells

What the state filed about each well

On the RRC proration schedule
1292.3%
A plug date is filed
1292.3%
BothOn the schedule and plugged. Neither fact cancels the other.
1292.3%
NeitherNo plug date, and not on the schedule.
17.7%

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

Total depth in feet, 13 of 13 wells. Median 1,848 ft, with the middle half between 1,280 and 1,852 ft; the shallowest is 768 ft and the deepest 1,862 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 13 of 13 wells, Nov 1984 – Jul 2000. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1984 – Jul 2000
13 of 13 wells
Plug dates filed
Apr 2000 – Sep 2025
12 of 13 wells; 1 filed none

Last completion to plug: a median of 25.9 years across the 12 wells that filed both dates, with the middle half between 15.3 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

13 wells

42-48543554211,848 ftJul 2000
42-48542489171,861 ftFeb 1992Sep 2025Yes
42-48542293161,862 ftMar 1991Apr 2000Yes
42-48542170121,862 ftSep 1990Sep 2014Yes
42-48542027101,852 ftDec 1989Apr 2000Yes
42-48542028111,852 ftDec 1989Sep 2025Yes
42-485416459768 ftFeb 1988Sep 2014Yes
42-4854131171,272 ftMar 1987Jun 2012Yes
42-4854125661,293 ftMar 1987Sep 2014Yes
42-4854074841,850 ftNov 1985Sep 2014Yes
42-4854070731,280 ftNov 1985Aug 2012Yes
42-4854047521,282 ftJun 1985Apr 2000Yes
42-485401241793 ftNov 1984Apr 2000Yes

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 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 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
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 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
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 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
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 20180052.934.24$0
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 20170045.373.26$0
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 20160046.193.09$0
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 20160036.561.99$0
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 20150040.162.87$0
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 20140054.693.59$0
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 20140098.164.74$0
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 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
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 20120086.773.42$0
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 2012233091.612.49$21,345
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
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 20110085.644.18$0
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 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
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 2009168061.133.46$10,270
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009168035.865.37$6,024
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 2008610101.767.88$6,207
Aug 200800114.228.48$0
Jul 20081140131.0811.39$14,943
Jun 200800131.3313.03$0
May 2008660123.1711.57$8,129
Apr 200800110.3110.45$0
Mar 2008740101.909.66$7,541
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 200752075.846.24$3,944
Aug 20070069.066.39$0
Jul 20070070.906.39$0
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 20060056.656.92$0
Nov 200676054.207.62$4,119
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 200699068.717.34$6,802
Jul 200652069.376.34$3,607
Jun 20060066.286.38$0
May 200677066.016.42$5,083
Apr 20060064.397.36$0
Mar 200682056.707.08$4,649
Feb 20060057.597.75$0
Jan 200663060.598.93$3,817
Dec 200571054.9413.42$3,901
Nov 200594054.6910.59$5,141
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 200567045.226.65$3,030
Apr 20050049.207.36$0
Mar 2005102050.377.15$5,138
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 200450039.866.75$1,993
Nov 20040045.286.33$0
Oct 2004110049.706.52$5,467
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 2004113038.286.08$4,326
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004105034.475.86$3,619
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 200452032.036.30$1,666
Dec 200363030.266.30$1,906
Nov 2003116028.804.60$3,341
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003143029.765.13$4,256
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003115026.595.97$3,058
Apr 20030026.675.41$0
Mar 200392031.146.10$2,865
Feb 2003128033.487.93$4,285
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 200282026.464.23$2,170
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 200275024.663.58$1,850
Apr 2002100023.653.51$2,365
Mar 20020022.003.10$0
Feb 200263018.222.38$1,148
Jan 20020017.172.38$0
Dec 2001120016.932.36$2,032
Nov 20010018.072.41$0
Oct 200179019.782.53$1,563
Sep 200197024.262.25$2,353
Aug 20010024.873.05$0
Jul 200164023.933.20$1,532
Jun 200152024.563.82$1,277
May 20010025.524.31$0
Apr 200184024.685.34$2,073
Mar 20010024.545.38$0
Feb 2001100027.755.77$2,775
Jan 20010027.478.40$0
Dec 200088026.889.12$2,365
Nov 20000032.215.66$0
Oct 200055031.235.15$1,718
Sep 200078031.875.19$2,486
Aug 200094029.644.54$2,786
Jul 20000028.534.09$0
Jun 200075029.304.40$2,198
May 2000269027.263.68$7,333
Apr 200072024.513.12$1,765
Mar 20000028.422.86$0
Feb 2000117027.622.73$3,232
Jan 200080025.272.48$2,022
Dec 199969024.282.42$1,675
Nov 199982023.192.43$1,902
Oct 1999111020.982.80$2,329
Sep 1999117021.752.62$2,545
Aug 1999102019.262.88$1,965
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 199967015.792.32$1,058
Apr 1999173015.102.21$2,612
Mar 19990012.471.84$0
Feb 19999109.981.82$908
Jan 19990010.381.90$0
Dec 199812509.201.77$1,150
Nov 19980010.892.19$0
Oct 199896012.421.97$1,192
Sep 1998203012.592.08$2,556
Aug 19980011.301.91$0
Jul 1998110011.742.24$1,291
Jun 1998119011.242.24$1,338
May 1998122012.622.21$1,540
Apr 1998159013.042.51$2,073
Mar 1998255012.802.31$3,264
Feb 19980013.952.30$0
Jan 1998113014.702.15$1,661
Dec 1997142016.322.41$2,317
Nov 1997169018.193.09$3,074
Oct 1997170019.253.15$3,273
Sep 1997165017.742.95$2,927
Aug 1997152017.862.55$2,715
Jul 1997173017.582.25$3,041
Jun 1997305017.242.26$5,258
May 19970018.972.31$0
Apr 1997160017.882.08$2,861
Mar 1997185018.951.94$3,506
Feb 19970020.492.21$0
Jan 1997328023.483.54$7,701
Dec 1996172023.32$4,011
Nov 1996179021.97$3,933
Oct 1996164023.31$3,823
Sep 1996272022.22$6,044
Aug 1996281020.26$5,693
Jul 1996342019.55$6,686
Jun 1996281018.73$5,263
May 1996309019.43$6,004
Apr 1996340021.51$7,313
Mar 1996324019.38$6,279
Feb 1996331016.98$5,620
Jan 1996173017.07$2,953
Dec 1995355017.19$6,102
Nov 1995336016.00$5,376
Oct 1995106015.43$1,636
Sep 1995362016.18$5,857
Aug 1995328015.92$5,222
Jul 1995175015.24$2,667
Jun 1995353016.41$5,793
May 1995179017.56$3,143
Apr 1995318017.73$5,638
Mar 1995304016.44$4,998
Feb 1995340016.58$5,637
Jan 1995144015.92$2,292
Dec 1994356015.03$5,351
Nov 1994526015.90$8,363
Oct 1994339115.58$5,282
Sep 1994329115.29$5,030
Aug 1994507116.13$8,178
Jul 1994327117.56$5,742
Jun 1994344117.09$5,879
May 1994293115.88$4,653
Apr 1994320114.14$4,525
Mar 1994345112.46$4,299
Feb 1994352112.50$4,400
Jan 1994347112.66$4,393
Dec 1993345112.33$4,254
Nov 1993502114.49$7,274
Oct 1993334115.85$5,294
Sep 1993336115.03$5,050
Aug 1993516115.66$8,081
Jul 1993468115.46$7,235
Jun 1993513116.79$8,613
May 1993526117.68$9,300
Apr 1993512118.05$9,242
Mar 1993512118.14$9,288
Feb 1993495117.90$8,861
Jan 1993502116.93$8,499

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 2012 — as filed, then multipliedworked
Oil                  233 bbl  × $ 91.61 =    $21,345
Casinghead gas         0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                  $21,345

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/24885 is the state's own key, not one this site invented.