SEEDS 63A

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 9023District 10Field 61691235OilCasinghead gasSaveExport
Value, all time
$7.1 M
Nov 2013 – May 2026
Value, last 12 filed months
$174 k
at the published price for each month
Months reported
151
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
OilDisposition82,872 bbl$5,752,766
Casinghead gasProduction392,261 Mcf$1,304,955
Total$7,057,721

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 35.4292, -100.0144. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.42920, -100.01445 · 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
10,823 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 10,823 ft.

Completions filed
Nov 2013
1 of 1 wells

1 well

42-483337284H10,823 ftNov 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 (151)

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

151 months

May 202661,188106.413.05$4,257
Apr 20261821,11398.932.87$21,199
Mar 202651,13989.753.15$4,036
Feb 202618199463.503.75$15,221
Jan 20261961,21059.138.00$21,267
Dec 202519796756.664.41$15,430
Nov 202561,12358.593.93$4,761
Oct 20251691,28859.383.30$14,292
Sep 20251221,14562.743.08$11,177
Aug 20251841,59963.933.01$16,584
Jul 202541,30766.743.32$4,600
Jun 20255511,39566.483.13$40,995
May 202571,21260.553.23$4,341
Apr 202561,21662.363.54$4,683
Mar 202521,40667.704.27$6,137
Feb 20251841,02970.884.34$17,509
Jan 2025273074.324.28$3,272
Dec 202419484968.993.12$16,034
Nov 202419692169.052.20$15,559
Oct 20241921,12171.372.28$16,260
Sep 20241931,05069.612.36$15,917
Aug 202451,18975.632.06$2,832
Jul 20241731,17979.932.15$16,359
Jun 20241211,36878.082.63$13,051
May 20241871,22278.812.20$17,424
Apr 20241831,07684.451.66$17,240
Mar 20241931,30980.301.55$17,520
Feb 20241921,27876.091.78$16,889
Jan 2024146673.023.30$1,610
Dec 20231861,09971.262.61$16,124
Nov 20231931,05977.892.81$18,006
Oct 20231881,10285.443.09$19,465
Sep 202318697989.042.74$19,239
Aug 20231851,12280.522.67$17,895
Jul 20231851,19374.852.64$16,999
Jun 20231901,44968.962.26$16,375
May 20237199670.622.23$7,233
Apr 202318496778.122.24$16,538
Mar 20235496272.852.39$6,236
Feb 20231121,05975.112.47$11,023
Jan 202312299476.533.39$12,704
Dec 202212479676.415.73$14,035
Nov 20221011,07185.005.65$14,632
Oct 20221231,25787.185.86$18,094
Sep 20221141,21984.888.16$19,628
Aug 2022951,36194.529.13$21,401
Jul 20221741,580101.587.54$29,591
Jun 202259330115.097.98$9,423
May 2022197904109.378.43$29,169
Apr 2022169191104.226.84$18,919
Mar 202213018108.885.08$14,246
Feb 202218461091.054.86$19,717
Jan 202222396481.844.54$22,625
Dec 20214201,47271.323.90$35,694
Nov 2021361,62777.435.24$11,308
Oct 2021871,77779.795.71$17,095
Sep 2021731,13169.865.35$11,152
Aug 20211701,69166.024.22$18,360
Jul 20211311,49470.783.98$15,221
Jun 20211781,69369.493.38$18,093
May 20211681,69863.483.02$15,789
Apr 20213161,65760.362.76$23,644
Mar 20211362,11761.302.72$14,089
Feb 202141,06657.805.55$6,145
Jan 20211842,58850.412.81$16,548
Dec 20202021,87644.642.68$14,036
Nov 20201981,94638.772.71$12,943
Oct 20202032,21636.972.48$12,997
Sep 20203802,27237.091.99$18,618
Aug 20201932,24939.982.39$13,080
Jul 20201952,53738.371.83$12,112
Jun 20203762,41734.901.69$17,208
May 20202022,14416.921.81$7,309
Apr 20201982,15514.751.80$6,809
Mar 20203812,16430.341.86$15,576
Feb 20201891,85549.881.98$13,101
Jan 20201942,36957.252.09$16,069
Dec 20193962,31059.012.30$28,691
Nov 20191982,42555.302.75$17,620
Oct 20191952,62453.472.42$16,773
Sep 20193682,61955.052.66$27,218
Aug 20191792,80153.112.30$15,961
Jul 20193872,35856.272.46$27,577
Jun 20191872,60152.782.49$16,349
May 20193762,64558.482.74$29,237
Apr 20191982,57962.632.75$19,495
Mar 20193782,59956.803.06$29,429
Feb 20191842,34650.852.79$15,907
Jan 20193712,41346.033.23$24,867
Dec 20183752,94646.594.19$29,802
Nov 20181981,78752.934.24$18,052
Oct 20183783,22161.443.40$34,170
Sep 20183562,38959.543.11$28,621
Aug 20185492,84059.403.07$41,320
Jul 20183662,53865.142.93$31,282
Jun 20181822,33160.183.08$18,125
May 20183622,02765.382.90$29,547
Apr 20185632,81463.842.90$44,105
Mar 20181802,29061.222.79$17,401
Feb 201835181061.782.77$23,925
Jan 20181931,05462.874.01$16,360
Dec 20173802,51157.272.92$29,099
Nov 20172052,74155.423.12$19,909
Oct 20175693,48749.292.98$38,450
Sep 20173722,98847.523.09$26,902
Aug 20173892,91845.373.00$26,416
Jul 20173802,99943.873.09$25,929
Jun 20173723,13442.493.09$25,482
May 20173813,43745.373.26$28,502
Apr 20173643,58647.933.21$28,963
Mar 20173853,38746.772.98$28,112
Feb 20175393,52250.452.95$37,592
Jan 20173713,64649.413.42$30,796
Dec 20165312,33748.763.72$34,592
Nov 20163663,64942.492.64$25,201
Oct 20165634,12946.193.09$38,765
Sep 20165564,14441.553.10$35,951
Aug 20165505,42041.442.92$38,642
Jul 20167276,00741.622.92$47,824
Jun 20168227,08845.352.69$56,315
May 20166463,94442.521.99$35,321
Apr 20161,0173,55936.561.99$44,268
Mar 20161,0594,09633.011.79$42,306
Feb 20169004,04326.472.06$32,166
Jan 20168753,82127.352.36$32,965
Dec 20157924,08532.362.00$33,805
Nov 20151,0454,20038.792.17$49,638
Oct 20156875,15843.552.43$42,435
Sep 20158664,97242.992.76$50,944
Aug 20158905,04040.162.87$50,220
Jul 20158194,70048.152.95$53,277
Jun 20151,2415,07256.152.88$84,304
May 20151,2285,55455.212.96$84,212
Apr 20151,5125,18949.822.71$89,372
Mar 20151,0645,30442.892.93$61,201
Feb 20159874,92844.662.98$58,746
Jan 20151,1335,04943.433.10$64,861
Dec 20141,2756,06454.693.59$91,508
Nov 20141,3104,52470.464.25$111,538
Oct 20141,5135,15078.303.90$138,558
Sep 20141,5726,52886.164.05$161,852
Aug 20141,8645,13589.394.04$187,343
Jul 20142,1524,03796.564.18$224,670
Jun 20141,9824,29398.164.74$214,889
May 20142,4265,34694.734.73$255,083
Apr 20142,6646,91995.944.81$288,858
Mar 20143,5574,24695.895.06$362,552
Feb 20143,6358,83197.406.19$408,731
Jan 20146,68311,56390.404.86$660,348
Dec 20132,4484,39391.824.35$243,905
Nov 20134,5415,43988.853.74$423,800

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                    6 bbl  × $106.41 =       $638
Casinghead gas     1,188 Mcf  × $  3.05 =     $3,618

────────────────────────────────────────────────────
Month total                                   $4,257

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/9023 is the state's own key, not one this site invented.