PEARSON 27

Operated by COURSON OIL & GAS, INC. (P-5 182785) in the PAN PETRO (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8498District 10Field 68735120OilCasinghead gasSaveExport
Value, all time
$26.9 M
Aug 2011 – May 2026
Value, last 12 filed months
$461 k
at the published price for each month
Months reported
178
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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
OilDisposition296,683 bbl$21,795,299
Casinghead gasProduction1,512,896 Mcf$5,069,445
Total$26,864,744

Wells on this lease (3)

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 36.1222, -100.9927. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

36.12013, -100.98882 · centre of 2 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
6,741 ft
3 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.
3100.0%

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

Between 6,713 and 6,759 ft, median 6,741 ft, over the 3 wells that filed a depth.

Completions filed
Aug 2011 – Jan 2014
3 of 3 wells

3 wells

42-357332814H6,741 ftJan 2014
42-357331312H6,759 ftOct 2012
42-357329743H6,713 ftAug 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 (178)

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

178 months

May 20265573,556106.413.05$70,101
Apr 20261853,44098.932.87$28,174
Mar 20265583,49689.753.15$61,091
Feb 20261902,96663.503.75$23,188
Jan 20263693,06759.138.00$46,349
Dec 20251873,10956.664.41$24,317
Nov 20253553,44658.593.93$34,330
Oct 20255593,70359.383.30$45,431
Sep 20253783,40262.743.08$34,183
Aug 20251913,43663.933.01$22,569
Jul 20255703,31766.743.32$49,038
Jun 20251803,27566.483.13$22,213
May 20255683,72660.553.23$46,436
Apr 20253813,38162.363.54$35,738
Mar 20253803,71967.704.27$41,600
Feb 20251883,31570.884.34$27,715
Jan 20255793,94874.324.28$59,924
Dec 20243824,19168.993.12$39,436
Nov 20243844,33169.052.20$36,037
Oct 20245594,65571.372.28$50,516
Sep 20243844,54069.612.36$37,464
Aug 20243654,83575.632.06$37,583
Jul 20245615,32879.932.15$56,278
Jun 20243845,20678.082.63$43,695
May 20245595,33878.812.20$55,790
Apr 20245665,14384.451.66$56,332
Mar 20243734,95180.301.55$37,602
Feb 20246974,52776.091.78$61,109
Jan 20243884,67073.023.30$43,732
Dec 20233845,18271.262.61$40,893
Nov 20231945,01577.892.81$29,191
Oct 20233834,35985.443.09$46,181
Sep 20235674,94389.042.74$64,005
Aug 20237545,96980.522.67$76,667
Jul 20235705,47374.852.64$57,123
Jun 20233814,48168.962.26$36,394
May 20237596,01470.622.23$66,996
Apr 20231,1487,85878.122.24$107,266
Mar 20231,5388,43472.852.39$132,227
Feb 20232,1207,61175.112.47$177,999
Jan 20231,3337,59876.533.39$127,754
Dec 20225796,18876.415.73$79,693
Nov 20229627,14085.005.65$122,084
Oct 20223837,19487.185.86$75,574
Sep 20224876,69984.888.16$96,025
Aug 20227576,67794.529.13$132,494
Jul 20225656,258101.587.54$104,591
Jun 20225675,947115.097.98$112,696
May 20227667,007109.378.43$142,868
Apr 20225727,047104.226.84$107,798
Mar 20227657,265108.885.08$120,173
Feb 20223836,70391.054.86$67,441
Jan 20227647,25081.844.54$95,424
Dec 20215707,54671.323.90$70,075
Nov 20217567,51377.435.24$97,882
Oct 20217557,82679.795.71$104,958
Sep 20217487,78769.865.35$93,923
Aug 20219347,36266.024.22$92,735
Jul 20211885,69670.783.98$35,989
Jun 20219447,34669.493.38$90,433
May 20215655,49363.483.02$52,442
Apr 20217586,67060.362.76$64,152
Mar 20211,1347,68861.302.72$90,402
Feb 202103,84257.805.55$21,315
Jan 20215625,93950.412.81$45,021
Dec 20203816,23044.642.68$33,676
Nov 20207457,05038.772.71$47,965
Oct 20209387,85336.972.48$54,141
Sep 20201,2947,64637.091.99$63,218
Aug 20201,6727,03139.982.39$83,616
Jul 20207455,99238.371.83$39,522
Jun 202008,01534.901.69$13,548
May 202008,36816.921.81$15,186
Apr 202007,78614.751.80$14,049
Mar 20207538,12930.341.86$37,935
Feb 20205417,17549.881.98$41,196
Jan 20209718,46957.252.09$73,330
Dec 20199637,94859.012.30$75,142
Nov 20199687,95555.302.75$75,412
Oct 20195807,69253.472.42$49,616
Sep 20199438,32955.052.66$74,045
Aug 20197578,54953.112.30$59,904
Jul 20191,1429,05556.272.46$86,536
Jun 20197608,80852.782.49$62,055
May 20191,1439,17558.482.74$91,985
Apr 20199548,66462.632.75$83,581
Mar 20191,1289,42556.803.06$92,931
Feb 20191,2718,82150.852.79$89,261
Jan 20193588,24646.033.23$43,098
Dec 20181,2418,89946.594.19$95,064
Nov 20187589,12752.934.24$78,794
Oct 20181,2429,90361.443.40$109,960
Sep 20188889,78659.543.11$83,286
Aug 20181,0629,91159.403.07$93,475
Jul 20181,02110,54865.142.93$97,433
Jun 20181,42010,46260.183.08$117,646
May 20181,40111,15765.382.90$123,962
Apr 20181,4459,86363.842.90$120,859
Mar 20181,0809,55761.222.79$92,751
Feb 20181,04710,38261.782.77$93,402
Jan 20181,43810,66662.874.01$133,170
Dec 20171,0959,60757.272.92$90,778
Nov 20177179,75155.423.12$70,143
Oct 20171,98010,22149.292.98$128,090
Sep 20178979,33947.523.09$71,458
Aug 20171,29110,98345.373.00$91,570
Jul 201789510,05543.873.09$70,306
Jun 20172,07211,80342.493.09$124,478
May 20171,98911,26745.373.26$127,010
Apr 20171,11310,98447.933.21$88,622
Mar 20171,84312,63646.772.98$123,899
Feb 20171,22811,88150.452.95$97,032
Jan 20171,6677,74949.413.42$108,859
Dec 20161,48112,54848.763.72$118,928
Nov 20161,90912,30642.492.64$113,655
Oct 20162,21713,06646.193.09$142,781
Sep 20161,87512,75841.553.10$117,464
Aug 20161,47312,72241.442.92$98,245
Jul 20162,63114,00141.622.92$150,446
Jun 20161,64112,66045.352.69$108,422
May 20162,37013,38342.521.99$127,418
Apr 20161,61712,03636.561.99$83,082
Mar 20162,31715,71533.011.79$104,677
Feb 20162,37213,26426.472.06$90,159
Jan 20163,08015,55327.352.36$121,011
Dec 20152,38914,18132.362.00$105,690
Nov 20152,39012,53238.792.17$119,869
Oct 20152,52712,59543.552.43$140,614
Sep 20152,37213,76742.992.76$139,947
Aug 20151,80615,76740.162.87$117,820
Jul 20153,30416,21948.152.95$206,854
Jun 20152,89816,89656.152.88$211,432
May 20152,37514,19555.212.96$173,076
Apr 20153,51315,49649.822.71$216,959
Mar 20153,01114,45642.892.93$171,566
Feb 20153,19916,82244.662.98$192,933
Jan 20153,72416,56243.433.10$213,086
Dec 20144,03814,26854.693.59$272,080
Nov 20143,37812,82670.464.25$292,548
Oct 20144,27514,93578.303.90$392,993
Sep 20144,20715,35486.164.05$424,589
Aug 20144,44415,92589.394.04$461,508
Jul 20145,48517,27496.564.18$601,830
Jun 20145,42316,91698.164.74$612,451
May 20147,31219,25694.734.73$783,680
Apr 20147,53119,07095.944.81$814,234
Mar 20149,24920,47595.895.06$990,425
Feb 201411,42218,58297.406.19$1,227,563
Jan 20147,2697,64990.404.86$694,297
Dec 20131,2802,71991.824.35$129,369
Nov 20131,4644,30188.853.74$146,155
Oct 20132,5293,77897.423.78$260,654
Sep 20132,3064,881104.113.72$258,224
Aug 20131,4367,104104.253.52$174,728
Jul 20131,9577,271102.523.72$227,663
Jun 20132,6968,27294.403.93$287,040
May 20132,8788,18594.834.15$306,881
Apr 20133,9707,01893.964.28$403,076
Mar 20134,5093,05793.623.91$434,094
Feb 20131,6433,90591.233.42$163,246
Jan 20131,6335,09391.603.42$167,000
Dec 20123,0807,92886.773.42$294,367
Nov 20122,8998,21086.953.62$281,829
Oct 20123,41810,25589.383.40$340,365
Sep 20123,5238,37294.672.92$357,955
Aug 20121,6035,14292.662.91$163,488
Jul 20121,9595,22285.133.02$182,544
Jun 20121,6205,71479.822.52$143,702
May 20121,7977,87791.612.49$184,224
Apr 20122,3398,973101.652.00$255,677
Mar 20122,3389,117105.052.22$265,866
Feb 20122,5236,916101.102.57$272,851
Jan 20123,2818,13798.092.73$344,081
Dec 20113,6258,32296.873.24$378,115
Nov 20113,4527,74495.723.31$356,068
Oct 20114,5189,43084.983.65$418,345
Sep 20116,2927,92283.623.99$557,713
Aug 20111821683.404.15$15,245

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                  557 bbl  × $106.41 =    $59,270
Casinghead gas     3,556 Mcf  × $  3.05 =    $10,831

────────────────────────────────────────────────────
Month total                                  $70,101

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. 10/O/8498 is the state's own key, not one this site invented.