SEEDS 63B

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the MILLS RANCH (GRANITE WASH CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9016District 10Field 61691235OilCasinghead gasSaveExport
Value, all time
$9.4 M
Dec 2013 – May 2026
Value, last 12 filed months
$101 k
at the published price for each month
Months reported
150
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 274 leases and 400 wells, and the rule below applies to all of them.

Discovered
2010-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-07-09.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET #01-0299858.

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
OilDisposition91,818 bbl$6,898,796
Casinghead gasProduction714,602 Mcf$2,463,387
Total$9,362,184

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 35.4291, -100.0207. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.42914, -100.02074 · 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
10,798 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 10,798 ft.

Completions filed
Dec 2013
1 of 1 wells

1 well

42-483337805H10,798 ftDec 2013

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 (150)

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

150 months

May 202671,524106.413.05$5,387
Apr 202671,39398.932.87$4,690
Mar 202681,55689.753.15$5,619
Feb 202671,65163.503.75$6,636
Jan 202691,73459.138.00$14,401
Dec 20251331,82356.664.41$15,581
Nov 202591,74358.593.93$7,371
Oct 2025121,90359.383.30$7,002
Sep 202592,01662.743.08$6,768
Aug 202581,84263.933.01$6,065
Jul 20251521,67966.743.32$15,711
Jun 202571,63366.483.13$5,575
May 202591,49460.553.23$5,374
Apr 202581,54262.363.54$5,962
Mar 202521,62667.704.27$7,076
Feb 202591,52070.884.34$7,236
Jan 202551,61874.324.28$7,295
Dec 20241951,84068.993.12$19,196
Nov 2024151,95869.052.20$5,340
Oct 2024151,94471.372.28$5,506
Sep 2024101,90869.612.36$5,207
Aug 202481,94575.632.06$4,619
Jul 202482,03179.932.15$4,999
Jun 2024121,91978.082.63$5,992
May 202482,13978.812.20$5,333
Apr 20241821,99484.451.66$18,678
Mar 202492,15780.301.55$4,056
Feb 2024372,18876.091.78$6,718
Jan 20241532,58973.023.30$19,710
Dec 2023172,28671.262.61$7,180
Nov 2023132,43577.892.81$7,849
Oct 20231822,72085.443.09$23,947
Sep 2023112,76789.042.74$8,547
Aug 202372,73980.522.67$7,885
Jul 20231932,60774.852.64$21,333
Jun 202332,77068.962.26$6,463
May 202372,73070.622.23$6,575
Apr 202342,72878.122.24$6,417
Mar 20232392,75172.852.39$23,995
Feb 20231782,93175.112.47$20,596
Jan 20232283,00876.533.39$27,639
Dec 20223443,23576.415.73$44,819
Nov 20221312,98585.005.65$27,989
Oct 2022123,09387.185.86$19,183
Sep 2022552,95484.888.16$28,784
Aug 2022613,08094.529.13$33,877
Jul 2022583,121101.587.54$29,430
Jun 2022473,051115.097.98$29,748
May 2022603,196109.378.43$33,514
Apr 2022622,870104.226.84$26,086
Mar 2022563,005108.885.08$21,352
Feb 2022632,42791.054.86$17,529
Jan 2022492,82681.844.54$16,834
Dec 20211163,07371.323.90$20,255
Nov 2021292,93377.435.24$17,605
Oct 2021533,19679.795.71$22,490
Sep 2021613,01469.865.35$20,389
Aug 2021663,49466.024.22$19,104
Jul 2021613,25070.783.98$17,259
Jun 2021783,49269.493.38$17,225
May 2021593,96063.483.02$15,695
Apr 2021643,62960.362.76$13,873
Mar 20212344,19361.302.72$25,736
Feb 2021281,99857.805.55$12,703
Jan 202194,79450.412.81$13,926
Dec 20201943,80544.642.68$18,840
Nov 2020123,63738.772.71$10,309
Oct 2020183,62836.972.48$9,657
Sep 20201803,79137.091.99$14,224
Aug 20201993,90939.982.39$17,279
Jul 2020184,27738.371.83$8,497
Jun 20201914,24434.901.69$13,840
May 2020793,94616.921.81$8,498
Apr 2020214,30814.751.80$8,083
Mar 20202084,13030.341.86$13,977
Feb 20201893,27749.881.98$15,918
Jan 2020143,88757.252.09$8,944
Dec 20193653,73559.012.30$30,145
Nov 20192023,83355.302.75$21,714
Oct 2019273,72353.472.42$10,448
Sep 20191973,64755.052.66$20,536
Aug 201983,82353.112.30$9,234
Jul 20192493,19456.272.46$21,869
Jun 2019164,03052.782.49$10,884
May 20191984,18358.482.74$23,042
Apr 20192173,97462.632.75$24,522
Mar 2019272,85656.803.06$10,279
Feb 2019373,29050.852.79$11,068
Jan 20193953,99646.033.23$31,082
Dec 20182054,17046.594.19$27,004
Nov 20182082,86852.934.24$23,162
Oct 20182034,15861.443.40$26,602
Sep 20183642,80359.543.11$30,384
Aug 201853,50459.403.07$11,042
Jul 20181933,56365.142.93$23,018
Jun 20181013,79460.183.08$17,752
May 20181162,93465.382.90$16,095
Apr 20181094,30963.842.90$19,458
Mar 20181643,78361.222.79$20,583
Feb 20182053,63161.782.77$22,709
Jan 20181875,15562.874.01$32,425
Dec 20172054,01157.272.92$23,459
Nov 20172764,88055.423.12$30,514
Oct 20172175,56249.292.98$27,291
Sep 20171795,30447.523.09$24,881
Aug 20172545,73545.373.00$28,754
Jul 20173135,69743.873.09$31,320
Jun 20172285,80342.493.09$27,603
May 20172846,33045.373.26$33,542
Apr 20172266,97647.933.21$33,236
Mar 20174546,72646.772.98$41,302
Feb 20174196,61550.452.95$40,670
Jan 20174927,58349.413.42$50,234
Dec 20164706,99848.763.72$48,970
Nov 20164245,91942.492.64$33,668
Oct 20164126,49146.193.09$39,089
Sep 20166056,17641.553.10$44,287
Aug 20165466,26741.442.92$40,953
Jul 20165086,10141.622.92$38,984
Jun 20165696,23045.352.69$42,537
May 20165306,35642.521.99$35,191
Apr 20166666,43936.561.99$37,169
Mar 20167006,38633.011.79$34,564
Feb 20166576,60926.472.06$31,029
Jan 20167797,01627.352.36$37,894
Dec 20158048,80532.362.00$43,640
Nov 20151,0039,11338.792.17$58,657
Oct 20159839,46743.552.43$65,782
Sep 20151,1658,48742.992.76$73,494
Aug 20151,0277,48540.162.87$62,745
Jul 20158557,37848.152.95$62,897
Jun 20151,1077,96356.152.88$85,114
May 20151,1149,05455.212.96$88,263
Apr 20151,3369,48449.822.71$92,229
Mar 20151,64310,57042.892.93$101,488
Feb 20151,6719,19044.662.98$101,978
Jan 20151,75811,19743.433.10$111,068
Dec 20142,10711,32454.693.59$155,900
Nov 20142,07910,61770.464.25$191,628
Oct 20142,65811,58478.303.90$253,310
Sep 20142,56011,51886.164.05$267,165
Aug 20142,8949,88089.394.04$298,562
Jul 20143,3709,77196.564.18$366,246
Jun 20142,3599,87098.164.74$278,312
May 20144,8841,06894.734.73$467,709
Apr 20145,24418,16595.944.81$590,467
Mar 20146,59618,72395.895.06$727,169
Feb 20146,84112,99197.406.19$746,754
Jan 201410,43819,84590.404.86$1,040,056
Dec 20135,59714,79891.824.35$578,354

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                    7 bbl  × $106.41 =       $745
Casinghead gas     1,524 Mcf  × $  3.05 =     $4,642

────────────────────────────────────────────────────
Month total                                   $5,387

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/9016 is the state's own key, not one this site invented.