PACE, T. J. -A-

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

Oil lease lease 6003District 09Field 47902001OilCasinghead gasSaveExport
Value, all time
$548 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 347 leases and 2,190 wells, and the rule below applies to all of them.

Discovered
1931-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 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
OilDisposition11,415 bbl$547,793
Casinghead gasProduction20 Mcf$0
Total$547,793

20 Mcf of this lease's gas, across 20 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 (6)

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 33.9067, -98.6858. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

33.90511, -98.68582 · 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
33.3%
2 of 6 wells
With a plug date
16.7%
1 of 6 wells
Median depth
4,500 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
233.3%
A plug date is filed
116.7%
BothOn the schedule and plugged. Neither fact cancels the other.
116.7%
NeitherNo plug date, and not on the schedule.
466.7%

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

Between 3,999 and 5,000 ft, median 4,500 ft, over the 2 wells that filed a depth.

Completions filed
Apr 2008
1 of 6 wells; 5 filed none
Plug dates filed
Apr 1986
1 of 6 wells; 5 filed none

6 wells

42-4858660413,999 ftApr 1986Yes
42-485866064Yes
42-485866052
42-485866075
42-485866086
42-485443797D5,000 ftApr 2008

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 201949059.012.30$2,891
Nov 201940055.302.75$2,212
Oct 20190053.472.42$0
Sep 201941055.052.66$2,257
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201980058.482.74$4,678
Apr 201963062.632.75$3,946
Mar 20190056.803.06$0
Feb 201942050.852.79$2,136
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 201891061.443.40$5,591
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201872065.142.93$4,690
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 2017150047.523.09$7,128
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201752047.933.21$2,492
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017105049.413.42$5,188
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201648041.442.92$1,989
Jul 20160041.622.92$0
Jun 201692045.352.69$4,172
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016102033.011.79$3,367
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201573043.552.43$3,179
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201581048.152.95$3,900
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201583049.822.71$4,135
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015111043.433.10$4,821
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201471086.164.05$6,117
Aug 2014156089.394.04$13,945
Jul 201433096.564.18$3,186
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 2014109095.944.81$10,457
Mar 20140095.895.06$0
Feb 2014106097.406.19$10,324
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013102088.853.74$9,063
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20131040104.253.52$10,842
Jul 201300102.523.72$0
Jun 2013106094.403.93$10,006
May 20130094.834.15$0
Apr 2013110093.964.28$10,336
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013107091.603.42$9,801
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012107094.672.92$10,130
Aug 20120092.662.91$0
Jul 201282085.133.02$6,981
Jun 2012106079.822.52$8,461
May 2012105091.612.49$9,619
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121040101.102.57$10,514
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011105095.723.31$10,051
Oct 2011106084.983.65$9,008
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011105098.134.40$10,304
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 2010101080.843.80$8,165
Oct 2010103078.103.51$8,044
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010102072.554.74$7,400
Jun 20100070.364.91$0
May 201099071.124.24$7,041
Apr 201098081.694.12$8,006
Mar 20100078.394.39$0
Feb 201089073.585.44$6,549
Jan 2010148074.365.96$11,005
Dec 20090071.445.48$0
Nov 2009106074.593.75$7,907
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009106061.133.46$6,480
Jun 20090066.163.90$0
May 2009106054.743.93$5,802
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009114032.814.63$3,740
Jan 20090035.865.37$0
Dec 2008106037.105.98$3,933
Nov 2008112055.496.86$6,215
Oct 2008110075.246.92$8,276
Sep 200800101.767.88$0
Aug 20081050114.228.48$11,993
Jul 20081090131.0811.39$14,288
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 2008590101.909.66$6,012
Feb 200866092.538.77$6,107
Jan 200833090.388.21$2,983
Dec 200780088.337.30$7,066
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 200723075.846.24$1,744
Aug 200763069.066.39$4,351
Jul 200760070.906.39$4,254
Jun 20070062.007.55$0
May 200754058.747.85$3,172
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007142050.306.73$7,143
Dec 200630056.656.92$1,700
Nov 200634054.207.62$1,843
Oct 200636054.906.01$1,976
Sep 20060060.085.04$0
Aug 200662068.717.34$4,260
Jul 2006100069.376.34$6,937
Jun 200652066.286.38$3,447
May 200687066.016.42$5,743
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 200637060.598.93$2,242
Dec 20050054.9413.42$0
Nov 200558054.6910.59$3,172
Oct 200560058.3413.80$3,500
Sep 20050061.4512.08$0
Aug 200561061.519.80$3,752
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 200584045.226.65$3,798
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 200580043.166.32$3,453
Dec 20040039.866.75$0
Nov 200431045.286.33$1,404
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 200440038.286.08$1,531
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 200370028.804.60$2,016
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 200340026.595.97$1,064
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 200351030.315.58$1,546
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 200291024.583.06$2,237
Jun 20020023.733.34$0
May 200240024.663.58$986
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 200291018.222.38$1,658
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001101023.933.20$2,417
Jun 20010024.563.82$0
May 200143025.524.31$1,097
Apr 200183024.685.34$2,048
Mar 20010024.545.38$0
Feb 200130027.755.77$833
Jan 200140027.478.40$1,099
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000120031.875.19$3,824
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 200070027.263.68$1,908
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 200057027.622.73$1,574
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 199944023.192.43$1,020
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 199944019.262.88$847
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199982015.102.21$1,238
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 199950010.381.90$519
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 199850012.592.08$630
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 199840011.242.24$450
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 199878013.952.30$1,088
Jan 19980014.702.15$0
Dec 199790016.322.41$1,469
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 199788017.742.95$1,561
Aug 19970017.862.55$0
Jul 199777017.582.25$1,354
Jun 199780017.242.26$1,379
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 199775018.951.94$1,421
Feb 19970020.492.21$0
Jan 199775023.483.54$1,761
Dec 199687023.32$2,029
Nov 19960021.97$0
Oct 199684023.31$1,958
Sep 199653022.22$1,178
Aug 199699020.26$2,006
Jul 19960019.55$0
Jun 199650018.73$937
May 199654019.43$1,049
Apr 199671021.51$1,527
Mar 199650019.38$969
Feb 1996100016.98$1,698
Jan 19960017.07$0
Dec 1995101017.19$1,736
Nov 19950016.00$0
Oct 199577015.43$1,188
Sep 1995140016.18$2,265
Aug 199542015.92$669
Jul 19950015.24$0
Jun 19950016.41$0
May 199546017.56$808
Apr 19950017.73$0
Mar 1995156016.44$2,565
Feb 199599016.58$1,641
Jan 199552015.92$828
Dec 1994115015.03$1,728
Nov 1994103015.90$1,638
Oct 19940015.58$0
Sep 1994105115.29$1,605
Aug 19940116.13$0
Jul 1994104117.56$1,826
Jun 19940117.09$0
May 199492115.88$1,461
Apr 19940114.14$0
Mar 1994229112.46$2,853
Feb 19940012.50$0
Jan 1994106112.66$1,342
Dec 1993225112.33$2,774
Nov 19930114.49$0
Oct 1993114115.85$1,807
Sep 199354115.03$812
Aug 19930115.66$0
Jul 1993107115.46$1,654
Jun 19930116.79$0
May 1993117117.68$2,069
Apr 1993109118.05$1,967
Mar 1993112118.14$2,032
Feb 1993107117.90$1,915
Jan 1993110116.93$1,862

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.

Dec 2019 — as filed, then multipliedworked
Oil                   49 bbl  × $ 59.01 =     $2,891
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $2,891

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/6003 is the state's own key, not one this site invented.