PETREX 60 BB

Operated by WILLOWBEND INVESTMENTS, INC. (P-5 927665) in the THREE-WAY (ELLEN.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31817District 09Field 89746500OilCasinghead gasSaveExport
Value, all time
$909 k
Mar 2011 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
183
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 4 leases and 12 wells, and the rule below applies to all of them.

Discovered
1951-12-31
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
OilDisposition11,398 bbl$887,806
Casinghead gasProduction6,024 Mcf$21,542
Total$909,348

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 33.7324, -98.5636. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.73243, -98.56365 · 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
5,825 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 5,825 ft.

Completions filed
Mar 2011
1 of 1 wells

1 well

42-009422543B5,825 ftMar 2011

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 (183)

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

183 months

May 202600106.413.05$0
Apr 2026131098.932.87$12,960
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025135056.664.41$7,649
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025133062.743.08$8,344
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025136060.553.23$8,235
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025135070.884.34$9,569
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024126069.052.20$8,700
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024136075.632.06$10,286
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024139080.301.55$11,162
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 202374071.262.61$5,273
Nov 20230077.892.81$0
Oct 2023139085.443.09$11,876
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023140074.852.64$10,479
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023145078.122.24$11,327
Mar 20230072.852.39$0
Feb 2023136075.112.47$10,215
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202220085.005.65$1,700
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022170101.587.54$1,727
Jun 202200115.097.98$0
May 2022160109.378.43$1,750
Apr 2022160104.226.84$1,668
Mar 2022160108.885.08$1,742
Feb 202210091.054.86$911
Jan 20229081.844.54$737
Dec 202120071.323.90$1,426
Nov 2021165077.435.24$12,776
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021163066.024.22$10,761
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202197063.483.02$6,158
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021111057.805.55$6,416
Jan 20210050.412.81$0
Dec 2020111044.642.68$4,955
Nov 20200038.772.71$0
Oct 2020111036.972.48$4,104
Sep 2020113037.091.99$4,191
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202073014.751.80$1,077
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202051057.252.09$2,920
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 201951053.472.42$2,727
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 201951056.272.46$2,870
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201951062.632.75$3,194
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 201949046.033.23$2,255
Dec 20180046.594.19$0
Nov 2018102052.934.24$5,399
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201850065.142.93$3,257
Jun 201852060.183.08$3,129
May 201853065.382.90$3,465
Apr 20180063.842.90$0
Mar 201850061.222.79$3,061
Feb 20180061.782.77$0
Jan 201852062.874.01$3,269
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201751049.292.98$2,514
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201751043.873.09$2,237
Jun 201749042.493.09$2,082
May 20170045.373.26$0
Apr 201751047.933.21$2,444
Mar 201751046.772.98$2,385
Feb 20170050.452.95$0
Jan 201751049.413.42$2,520
Dec 201650048.763.72$2,438
Nov 20160042.492.64$0
Oct 201650046.193.09$2,310
Sep 201650041.553.10$2,078
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201651045.352.69$2,313
May 201649042.521.99$2,083
Apr 20160036.561.99$0
Mar 2016101033.011.79$3,334
Feb 2016103026.472.06$2,726
Jan 20160027.352.36$0
Dec 2015101032.362.00$3,268
Nov 201550038.792.17$1,940
Oct 201549043.552.43$2,134
Sep 201551042.992.76$2,192
Aug 201551040.162.87$2,048
Jul 201551048.152.95$2,456
Jun 2015103056.152.88$5,783
May 201551055.212.96$2,816
Apr 2015102049.822.71$5,082
Mar 20151001542.892.93$4,333
Feb 201551044.662.98$2,278
Jan 2015103043.433.10$4,473
Dec 2014103054.693.59$5,633
Nov 2014533470.464.25$3,879
Oct 2014932478.303.90$7,376
Sep 2014102086.164.05$8,788
Aug 2014102089.394.04$9,118
Jul 201452096.564.18$5,021
Jun 2014100098.164.74$9,816
May 2014100094.734.73$9,473
Apr 2014102095.944.81$9,786
Mar 201451095.895.06$4,890
Feb 201451097.406.19$4,967
Jan 201451090.404.86$4,610
Dec 201351491.824.35$4,700
Nov 201353888.853.74$4,739
Oct 2013103097.423.78$10,034
Sep 2013520104.113.72$5,414
Aug 20131030104.253.52$10,738
Jul 2013150205102.523.72$16,140
Jun 201310232194.403.93$10,891
May 201313430194.834.15$13,956
Apr 201315528793.964.28$15,793
Mar 201315723193.623.91$15,602
Feb 201315823191.233.42$15,204
Jan 201320023291.603.42$19,113
Dec 201215824486.773.42$14,544
Nov 201221120886.953.62$19,100
Oct 201210522589.383.40$10,150
Sep 20125117894.672.92$5,348
Aug 2012997692.662.91$9,394
Jul 201215215185.133.02$13,396
Jun 201215515479.822.52$12,760
May 201210321391.612.49$9,966
Apr 2012155217101.652.00$16,189
Mar 2012206246105.052.22$22,187
Feb 2012209165101.102.57$21,554
Jan 201215816998.092.73$15,960
Dec 20112096096.873.24$20,440
Nov 20111518595.723.31$14,735
Oct 201120821284.983.65$18,449
Sep 201115632783.623.99$14,348
Aug 201120623583.404.15$18,155
Jul 201121728794.144.52$21,725
Jun 201134836392.904.64$34,013
May 201141814998.134.40$41,675
Apr 2011229167105.964.33$24,989
Mar 2011110096.364.06$10,600

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
Oil                  131 bbl  × $ 98.93 =    $12,960
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $12,960

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/31817 is the state's own key, not one this site invented.