SOUTH EASTER

Operated by BEST PETROLEUM EXPLORATIONS,INC. (P-5 68287) in the PEEK (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32398District 09Field 70205600OilCasinghead gasSaveExport
Value, all time
$1.7 M
Nov 2012 – May 2026
Value, last 12 filed months
$45 k
at the published price for each month
Months reported
163
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1977-01-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 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
OilDisposition18,129 bbl$1,196,514
Casinghead gasProduction133,673 Mcf$459,510
Total$1,656,024

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 33.2422, -98.3391. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.24217, -98.33911 · 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
5,250 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 5,250 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-2373952815,250 ftNov 2012

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 (163)

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

163 months

May 202681150106.413.05$9,076
Apr 2026016798.932.87$479
Mar 2026015189.753.15$476
Feb 202615913263.503.75$10,592
Jan 2026015359.138.00$1,224
Dec 20258114956.664.41$5,247
Nov 20255540658.593.93$4,817
Oct 20255917959.383.30$4,095
Sep 20257518062.743.08$5,259
Aug 20252917363.933.01$2,376
Jul 2025018466.743.32$610
Jun 2025017466.483.13$544
May 202517245660.553.23$11,889
Apr 2025017362.363.54$613
Mar 2025017967.704.27$764
Feb 202516615370.884.34$12,430
Jan 2025014874.324.28$633
Dec 2024015568.993.12$484
Nov 2024017169.052.20$376
Oct 202417218971.372.28$12,707
Sep 2024018169.612.36$428
Aug 20247320075.632.06$5,934
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024177078.812.20$13,949
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 202416834876.091.78$13,404
Jan 2024060073.023.30$1,979
Dec 2023070771.262.61$1,846
Nov 20239515577.892.81$7,835
Oct 20237441585.443.09$7,604
Sep 202317436889.042.74$16,499
Aug 2023032480.522.67$866
Jul 2023050074.852.64$1,321
Jun 202317240068.962.26$12,765
May 2023046570.622.23$1,036
Apr 202317633878.122.24$14,505
Mar 202302,41172.852.39$5,770
Feb 2023077875.112.47$1,918
Jan 202317396676.533.39$16,512
Dec 2022093876.415.73$5,374
Nov 2022086085.005.65$4,856
Oct 202217583787.185.86$20,164
Sep 2022085084.888.16$6,939
Aug 202211398594.529.13$19,671
Jul 202201,007101.587.54$7,595
Jun 2022176822115.097.98$26,813
May 20220863109.378.43$7,278
Apr 2022174938104.226.84$24,548
Mar 202201,100108.885.08$5,584
Feb 202201,00591.054.86$4,883
Jan 20221701,10181.844.54$18,909
Dec 202101,01871.323.90$3,969
Nov 202116697877.435.24$17,975
Oct 2021096479.795.71$5,508
Sep 202116397769.865.35$16,615
Aug 202101,07166.024.22$4,520
Jul 20211721,01470.783.98$16,212
Jun 2021193969.493.38$3,244
May 202116094563.483.02$13,009
Apr 2021095960.362.76$2,645
Mar 202117199561.302.72$13,186
Feb 202101,07957.805.55$5,986
Jan 20211631,19350.412.81$11,569
Dec 20201731,18144.642.68$10,882
Nov 202001,10338.772.71$2,985
Oct 20201711,10336.972.48$9,056
Sep 202001,06037.091.99$2,111
Aug 20201781,19839.982.39$9,974
Jul 202001,18138.371.83$2,155
Jun 20202071,20834.901.69$9,266
May 202001,08716.921.81$1,973
Apr 20201781,02014.751.80$4,466
Mar 202011,07430.341.86$2,024
Feb 202016095249.881.98$9,866
Jan 2020501,17457.252.09$5,322
Dec 20191651,15359.012.30$12,394
Nov 201917596055.302.75$12,318
Oct 201901,14853.472.42$2,776
Sep 20191721,05555.052.66$12,272
Aug 20191711,04653.112.30$11,492
Jul 201901,02556.272.46$2,522
Jun 201915994152.782.49$10,736
May 201901,00758.482.74$2,760
Apr 201915599962.632.75$12,456
Mar 20191741,05056.803.06$13,098
Feb 201917195450.852.79$11,359
Jan 20191621,15346.033.23$11,179
Dec 201801,18046.594.19$4,939
Nov 20181701,22152.934.24$14,172
Oct 20181671,24961.443.40$14,505
Sep 20181621,23159.543.11$13,471
Aug 20181711,42559.403.07$14,527
Jul 20183531,55765.142.93$27,559
Jun 201817178360.183.08$12,700
May 201801,04665.382.90$3,034
Apr 20181081,01063.842.90$9,825
Mar 20182141,03661.222.79$15,988
Feb 2018089861.782.77$2,484
Jan 201817394062.874.01$14,645
Dec 2017096757.272.92$2,825
Nov 201716695555.423.12$12,178
Oct 20171071,11149.292.98$8,589
Sep 201717296547.523.09$11,153
Aug 201701,06845.373.00$3,209
Jul 2017631,09143.873.09$6,132
Jun 201713697442.493.09$8,786
May 20171581,10845.373.26$10,784
Apr 20177284647.933.21$6,168
Mar 20172651,09846.772.98$15,670
Feb 2017092250.452.95$2,722
Jan 2017099349.413.42$3,395
Dec 20161661,00748.763.72$11,843
Nov 20161691,05842.492.64$9,979
Oct 201601,06346.193.09$3,285
Sep 20161501,10441.553.10$9,656
Aug 20162531,23741.442.92$14,102
Jul 201601,05941.622.92$3,097
Jun 20161241,13145.352.69$8,661
May 20161361,00942.521.99$7,792
Apr 201614891236.561.99$7,227
Mar 201615499733.011.79$6,872
Feb 201613393626.472.06$5,452
Jan 201615198827.352.36$6,466
Dec 20151731,04932.362.00$7,698
Nov 201534291138.792.17$15,241
Oct 2015096743.552.43$2,347
Sep 20151691,02342.992.76$10,087
Aug 20151551,02540.162.87$9,169
Jul 20153321,19748.152.95$19,511
Jun 201516266256.152.88$11,005
May 201533466955.212.96$20,417
Apr 2015066649.822.71$1,803
Mar 201516382142.892.93$9,400
Feb 201516968344.662.98$9,580
Jan 201516673743.433.10$9,495
Dec 201416772454.693.59$11,733
Nov 201416778570.464.25$15,105
Oct 201416782778.303.90$16,302
Sep 201417786386.164.05$18,742
Aug 2014087889.394.04$3,543
Jul 201416493996.564.18$19,760
Jun 201416788698.164.74$20,590
May 20141981,10994.734.73$23,998
Apr 201416191195.944.81$19,827
Mar 201416581295.895.06$19,928
Feb 201417574497.406.19$21,652
Jan 201419287890.404.86$21,625
Dec 201319076891.824.35$20,790
Nov 201318989888.853.74$20,150
Oct 20131781,04297.423.78$21,279
Sep 2013339765104.113.72$38,137
Aug 2013166683104.253.52$19,711
Jul 2013168809102.523.72$20,231
Jun 201316984994.403.93$19,293
May 201336466494.834.15$37,273
Apr 201319679593.964.28$21,821
Mar 20133891,41793.623.91$41,963
Feb 2013250991.233.42$1,923
Jan 20131871,28891.603.42$21,534
Dec 20121871,05486.773.42$19,831
Nov 201217194386.953.62$18,287

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                   81 bbl  × $106.41 =     $8,619
Casinghead gas       150 Mcf  × $  3.05 =       $457

────────────────────────────────────────────────────
Month total                                   $9,076

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/32398 is the state's own key, not one this site invented.