PEARSON 128

Operated by H & L EXPLORATION COMPANY, LLC (P-5 339771) 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 8712District 10Field 68735120OilCasinghead gasSaveExport
Value, all time
$4.0 M
Jul 2011 – May 2026
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
179
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
OilDisposition39,490 bbl$2,912,706
Casinghead gasProduction333,677 Mcf$1,132,078
Total$4,044,784

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 36.1120, -100.8093. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.11195, -100.80932 · 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
7,582 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 7,582 ft.

Completions filed
Sep 2009
1 of 1 wells

1 well

42-357328161H7,582 ftSep 2009

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 (179)

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

179 months

May 20260419106.413.05$1,276
Apr 202617894898.932.87$20,330
Mar 202601,01489.753.15$3,194
Feb 2026098663.503.75$3,698
Jan 202618495659.138.00$18,526
Dec 2025090756.664.41$4,003
Nov 202501,03858.593.93$4,076
Oct 20251791,04159.383.30$14,069
Sep 202501,08162.743.08$3,326
Aug 20251781,15263.933.01$14,853
Jul 202501,16766.743.32$3,869
Jun 20251801,12566.483.13$15,486
May 20251841,16860.553.23$14,917
Apr 202501,05262.363.54$3,727
Mar 202501,11167.704.27$4,742
Feb 202518799370.884.34$17,565
Jan 202501,20474.324.28$5,152
Dec 20241811,18068.993.12$16,170
Nov 202401,16169.052.20$2,552
Oct 20241791,16871.372.28$15,440
Sep 202401,20269.612.36$2,842
Aug 20241861,20875.632.06$16,560
Jul 202401,24279.932.15$2,666
Jun 20241871,23578.082.63$17,854
May 202401,07278.812.20$2,357
Apr 202418887784.451.66$17,332
Mar 202401,20580.301.55$1,862
Feb 202401,08376.091.78$1,932
Jan 20241821,27973.023.30$17,507
Dec 20231861,37271.262.61$16,836
Nov 202301,20777.892.81$3,389
Oct 20231791,38185.443.09$19,557
Sep 202301,41089.042.74$3,856
Aug 20231901,95980.522.67$20,535
Jul 20230074.852.64$0
Jun 202308868.962.26$199
May 202301,17270.622.23$2,611
Apr 20231911,24278.122.24$17,700
Mar 202301,32172.852.39$3,161
Feb 202301,17875.112.47$2,905
Jan 20231861,34076.533.39$18,774
Dec 202201,37876.415.73$7,895
Nov 20221911,27085.005.65$23,406
Oct 20221891,37687.185.86$24,546
Sep 202201,34984.888.16$11,013
Aug 20221851,47594.529.13$30,949
Jul 20221871,483101.587.54$30,180
Jun 20221781,459115.097.98$32,125
May 20221791,496109.378.43$32,193
Apr 202201,382104.226.84$9,450
Mar 20221811,381108.885.08$26,718
Feb 20221891,30091.054.86$23,525
Jan 202201,44881.844.54$6,571
Dec 20213761,70471.323.90$33,460
Nov 20213741,44877.435.24$36,542
Oct 202101,23279.795.71$7,039
Sep 20211861,13369.865.35$19,057
Aug 202101,20666.024.22$5,090
Jul 20211891,25270.783.98$18,363
Jun 20211821,17869.493.38$16,630
May 20211851,31863.483.02$15,721
Apr 20211851,27060.362.76$14,670
Mar 202101,32161.302.72$3,589
Feb 20211871,03457.805.55$16,545
Jan 20211821,24450.412.81$12,671
Dec 202001,24444.642.68$3,328
Nov 20201601,24538.772.71$9,573
Oct 20201791,26236.972.48$9,745
Sep 202001,23637.091.99$2,461
Aug 20201821,30039.982.39$10,377
Jul 202001,35638.371.83$2,475
Jun 20201811,32834.901.69$8,562
May 20201861,38716.921.81$5,664
Apr 202001,26914.751.80$2,290
Mar 20201781,33430.341.86$7,877
Feb 20201851,29849.881.98$11,799
Jan 202001,35757.252.09$2,843
Dec 20191831,44659.012.30$14,131
Nov 20191851,40455.302.75$14,092
Oct 201901,46753.472.42$3,548
Sep 20191801,46955.052.66$13,813
Aug 20191861,43753.112.30$13,190
Jul 201901,60056.272.46$3,936
Jun 20191791,53752.782.49$13,277
May 20191821,55758.482.74$14,910
Apr 201901,52062.632.75$4,181
Mar 20191841,53556.803.06$15,152
Feb 20191861,37950.852.79$13,309
Jan 201901,47346.033.23$4,755
Dec 201801,47546.594.19$6,174
Nov 20181621,44552.934.24$14,697
Oct 20181901,73461.443.40$17,566
Sep 201801,46359.543.11$4,547
Aug 20181911,73459.403.07$16,663
Jul 20181871,90365.142.93$17,761
Jun 20181881,88660.183.08$17,117
May 20181871,68565.382.90$17,114
Apr 201801,84263.842.90$5,343
Mar 20181801,85361.222.79$16,184
Feb 20181861,84161.782.77$16,584
Jan 20181772,40362.874.01$20,762
Dec 2017078657.272.92$2,296
Nov 20171852,17755.423.12$17,041
Oct 20171862,26449.292.98$15,923
Sep 20171892,25047.523.09$15,928
Aug 20173572,35945.373.00$23,284
Jul 201702,15243.873.09$6,644
Jun 20171862,21842.493.09$14,751
May 20171832,64445.373.26$16,931
Apr 20171832,49947.933.21$16,797
Mar 20171792,83346.772.98$16,825
Feb 20171772,27650.452.95$15,650
Jan 20171862,64449.413.42$18,230
Dec 20161773,13348.763.72$20,294
Nov 20161793,14442.492.64$15,920
Oct 20163513,28546.193.09$26,364
Sep 20163543,30041.553.10$24,941
Aug 20161733,48041.442.92$17,346
Jul 20163463,38141.622.92$24,288
Jun 20163573,15445.352.69$24,661
May 20165363,13042.521.99$29,023
Apr 20165522,35236.561.99$24,864
Mar 20165752,55233.011.79$23,559
Feb 20161911,17226.472.06$7,474
Jan 20161881,60127.352.36$8,927
Dec 20151971,63632.362.00$9,649
Nov 201501,46738.792.17$3,179
Oct 20153781,75843.552.43$20,728
Sep 20151881,98942.992.76$13,569
Aug 20153792,07040.162.87$21,167
Jul 20151912,02548.152.95$15,160
Jun 20153802,08856.152.88$27,356
May 20153802,12155.212.96$27,248
Apr 20151912,06549.822.71$15,105
Mar 20153802,09442.892.93$22,443
Feb 20151921,95244.662.98$14,384
Jan 20151932,07743.433.10$14,822
Dec 20143822,05754.693.59$28,279
Nov 20143812,08870.464.25$35,723
Oct 20143852,21478.303.90$38,782
Sep 201402,14286.164.05$8,665
Aug 20143772,29389.394.04$42,953
Jul 20143782,39596.564.18$46,510
Jun 201402,10998.164.74$9,990
May 20141812,36694.734.73$28,329
Apr 20143792,80395.944.81$49,841
Mar 20149463,38695.895.06$107,834
Feb 20147612,81897.406.19$91,570
Jan 201401,92090.404.86$9,333
Dec 20133841,80691.824.35$43,123
Nov 20133722,12088.853.74$40,977
Oct 20131842,19597.423.78$26,221
Sep 20133782,208104.113.72$47,562
Aug 20133772,513104.253.52$48,155
Jul 20131902,493102.523.72$28,747
Jun 20133742,34294.403.93$44,518
May 20133762,48294.834.15$45,954
Apr 20133812,46993.964.28$46,372
Mar 20135592,53393.623.91$62,245
Feb 20133812,20191.233.42$42,286
Jan 20133832,77491.603.42$44,570
Dec 20123822,85486.773.42$42,907
Nov 20123732,90286.953.62$42,952
Oct 20123872,85789.383.40$44,303
Sep 20129503,00994.672.92$98,718
Aug 20121753,12592.662.91$25,304
Jul 20127493,20985.133.02$73,456
Jun 20125613,11579.822.52$52,626
May 20123743,11791.612.49$42,018
Apr 20127603,188101.652.00$83,620
Mar 20127553,398105.052.22$86,863
Feb 20125533,236101.102.57$64,226
Jan 20125752,91598.092.73$64,372
Dec 20115653,75396.873.24$66,890
Nov 20115824,07395.723.31$69,196
Oct 20117593,73384.983.65$78,120
Sep 20117613,96583.623.99$79,439
Aug 20119244,18483.404.15$94,422
Jul 20115634,40494.144.52$72,895

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                    0 bbl  × $106.41 =         $0
Casinghead gas       419 Mcf  × $  3.05 =     $1,276

────────────────────────────────────────────────────
Month total                                   $1,276

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/8712 is the state's own key, not one this site invented.