MAY, D. L.

Operated by REO OPERATING LLC (P-5 701876) in the GLEN COVE, S. (PALO PINTO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 87229District 7BField 35277700CondensateGasSaveExport
Value, all time
$2.9 M
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
condensate, 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 46 leases and 61 wells, and the rule below applies to all of them.

Discovered
1977-07-16
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 20 acres.

The Commission's schedule remark for this field reads: NET GOR 300 MCF/DAY PER WELL PER DKT 7B-69,591 EFF 11/6/78

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
CondensateDisposition149 bbl$5,090
GasProduction630,252 Mcf$2,859,833
Total$2,864,923

42,912 Mcf of this lease's gas, across 48 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 (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.

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
3,432 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 3,432 ft.

Completions filed
Nov 1979
1 of 1 wells

1 well

42-0830290713,432 ftNov 1979

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 202205584.888.16$449
Aug 2022027494.529.13$2,501
Jul 20220732101.587.54$5,521
Jun 202201,088115.097.98$8,679
May 20220989109.378.43$8,340
Apr 202201,303104.226.84$8,909
Mar 20220322108.885.08$1,635
Feb 2022028491.054.86$1,380
Jan 2022019881.844.54$898
Dec 2021013371.323.90$519
Nov 202101,00177.435.24$5,242
Oct 202101,38079.795.71$7,885
Sep 202101,43669.865.35$7,684
Aug 202101,53366.024.22$6,470
Jul 202101,54070.783.98$6,132
Jun 202101,51169.493.38$5,108
May 202101,55063.483.02$4,677
Apr 202101,54460.362.76$4,259
Mar 202101,60661.302.72$4,363
Feb 2021098057.805.55$5,437
Jan 202101,36750.412.81$3,842
Dec 202001,31144.642.68$3,508
Nov 202001,44538.772.71$3,911
Oct 202001,44136.972.48$3,571
Sep 202001,38837.091.99$2,764
Aug 202001,36439.982.39$3,253
Jul 202001,33238.371.83$2,431
Jun 202001,20134.901.69$2,030
May 202001,08616.921.81$1,971
Apr 202001,05514.751.80$1,904
Mar 202001,92830.341.86$3,579
Feb 202001,87849.881.98$3,720
Jan 202002,09657.252.09$4,391
Dec 201902,19159.012.30$5,049
Nov 201902,01355.302.75$5,537
Oct 201902,10453.472.42$5,089
Sep 2019052755.052.66$1,400
Aug 2019018953.112.30$436
Jul 2019026556.272.46$652
Jun 2019023452.782.49$583
May 2019019358.482.74$529
Apr 2019022562.632.75$619
Mar 2019028356.803.06$867
Feb 2019040350.852.79$1,125
Jan 2019025146.033.23$810
Dec 2018010146.594.19$423
Nov 201809352.934.24$394
Oct 2018017361.443.40$588
Sep 2018044259.543.11$1,374
Aug 201811,48259.403.07$4,604
Jul 201851,98665.142.93$6,148
Jun 201851,89060.183.08$6,116
May 201851,86765.382.90$5,743
Apr 201801,87663.842.90$5,442
Mar 201851,87561.222.79$5,531
Feb 201801,61961.782.77$4,478
Jan 201801,97562.874.01$7,918
Dec 201701,80657.272.92$5,276
Nov 201701,81355.423.12$5,654
Oct 201701,88349.292.98$5,618
Sep 201701,83347.523.09$5,659
Aug 201701,94545.373.00$5,844
Jul 201701,94743.873.09$6,011
Jun 201701,40842.493.09$4,347
May 201701,81545.373.26$5,923
Apr 201751,82447.933.21$6,098
Mar 201751,51946.772.98$4,766
Feb 201751,44750.452.95$4,525
Jan 201751,54749.413.42$5,536
Dec 201651,51948.763.72$5,899
Nov 201651,49442.492.64$4,163
Oct 201601,51946.193.09$4,694
Sep 201651,50641.553.10$4,877
Aug 201651,28541.442.92$3,965
Jul 201651,19041.622.92$3,688
Jun 2016101,04345.352.69$3,255
May 2016086142.521.99$1,714
Apr 201651,94836.561.99$4,061
Mar 201602,29233.011.79$4,112
Feb 201602,31826.472.06$4,783
Jan 201602,27527.352.36$5,379
Dec 201502,33432.362.00$4,671
Nov 201501,66138.792.17$3,600
Oct 201501,15343.552.43$2,798
Sep 201502,45342.992.76$6,766
Aug 201502,56340.162.87$7,362
Jul 201502,58248.152.95$7,604
Jun 201502,46456.152.88$7,103
May 201502,43655.212.96$7,199
Apr 201501,97949.822.71$5,356
Mar 201502,33842.892.93$6,861
Feb 201502,31644.662.98$6,893
Jan 201502,32643.433.10$7,212
Dec 201402,24254.693.59$8,052
Nov 201402,28870.464.25$9,728
Oct 201402,39578.303.90$9,343
Sep 201402,29486.164.05$9,280
Aug 201402,37789.394.04$9,591
Jul 201402,41996.564.18$10,110
Jun 201402,56298.164.74$12,136
May 201403,49894.734.73$16,534
Apr 201402,39195.944.81$11,499
Mar 201402,53695.895.06$12,824
Feb 201402,36697.406.19$14,650
Jan 201402,64290.404.86$12,842
Dec 201302,57391.824.35$11,204
Nov 201302,49288.853.74$9,316
Oct 201302,75097.423.78$10,393
Sep 201302,699104.113.72$10,034
Aug 201302,738104.253.52$9,645
Jul 201302,399102.523.72$8,919
Jun 2013026594.403.93$1,042
May 2013028594.834.15$1,182
Apr 2013026993.964.28$1,152
Mar 2013027093.623.91$1,056
Feb 2013022591.233.42$769
Jan 2013021291.603.42$725
Dec 2012018686.773.42$636
Nov 2012014386.953.62$518
Oct 2012040089.383.40$1,360
Sep 2012078094.672.92$2,276
Aug 201201,05192.662.91$3,056
Jul 2012093785.133.02$2,830
Jun 2012072079.822.52$1,814
May 2012062991.612.49$1,565
Apr 201201,419101.652.00$2,833
Mar 201201,788105.052.22$3,973
Feb 201201,946101.102.57$5,002
Jan 201202,12498.092.73$5,807
Dec 201102,14596.873.24$6,949
Nov 201101,95295.723.31$6,464
Oct 201101,88684.983.65$6,881
Sep 201101,80983.623.99$7,210
Aug 201101,94983.404.15$8,087
Jul 201101,81594.144.52$8,199
Jun 201102,31592.904.64$10,741
May 201102,12198.134.40$9,343
Apr 201101,759105.964.33$7,622
Mar 201102,09796.364.06$8,508
Feb 2011074685.644.18$3,118
Jan 201102,64286.504.59$12,124
Dec 201002,61885.734.35$11,382
Nov 201002,58180.843.80$9,796
Oct 201002,64178.103.51$9,267
Sep 201002,67972.633.98$10,661
Aug 201002,84773.684.42$12,582
Jul 201002,94172.554.74$13,930
Jun 201002,51670.364.91$12,355
May 201002,26171.124.24$9,576
Apr 201001,48781.694.12$6,130
Mar 201002,75578.394.39$12,091
Feb 201002,50373.585.44$13,622
Jan 201002,84074.365.96$16,938
Dec 200902,73871.445.48$15,015
Nov 200902,74174.593.75$10,283
Oct 200902,78372.544.11$11,439
Sep 200902,74065.543.06$8,397
Aug 200902,90567.423.22$9,350
Jul 200902,92461.133.46$10,130
Jun 200902,89466.163.90$11,272
May 200903,01554.743.93$11,836
Apr 200902,77346.773.59$9,948
Mar 200902,93442.144.06$11,909
Feb 200902,71732.814.63$12,588
Jan 200903,08735.865.37$16,580
Dec 200803,19137.105.98$19,073
Nov 200803,03255.496.86$20,801
Oct 200803,05075.246.92$21,112
Sep 200803,021101.767.88$23,797
Aug 200802,958114.228.48$25,093
Jul 200802,952131.0811.39$33,622
Jun 200803,014131.3313.03$39,280
May 200803,090123.1711.57$35,765
Apr 200802,928110.3110.45$30,612
Mar 200801,071101.909.66$10,350
Feb 200802,93892.538.77$25,768
Jan 200803,27590.388.21$26,874
Dec 200703,27488.337.30$23,907
Nov 200703,23291.677.29$23,567
Oct 200703,26682.856.92$22,607
Sep 200703,01475.846.24$18,820
Aug 200703,19269.066.39$20,390
Jul 200703,24870.906.39$20,748
Jun 200703,21062.007.55$24,231
May 200703,44858.747.85$27,054
Apr 200703,35459.617.81$26,179
Mar 200703,87856.927.30$28,317
Feb 200702,87055.108.22$23,580
Jan 2007053950.306.73$3,626
Dec 200602,09956.656.92$14,522
Nov 200603,31454.207.62$25,244
Oct 200603,40754.906.01$20,489
Sep 200602,95560.085.04$14,885
Aug 200603,57968.717.34$26,270
Jul 200603,42869.376.34$21,743
Jun 200603,43966.286.38$21,954
May 200603,85666.016.42$24,775
Apr 200603,59264.397.36$26,439
Mar 200603,55956.707.08$25,208
Feb 200603,25557.597.75$25,230
Jan 200603,42560.598.93$30,597
Dec 200502,44954.9413.42$32,854
Nov 200503,35954.6910.59$35,566
Oct 200503,82358.3413.80$52,741
Sep 200503,30061.4512.08$39,861
Aug 200503,84561.519.80$37,669
Jul 200503,89355.697.84$30,535
Jun 200503,59852.337.38$26,557
May 200503,59445.226.65$23,904
Apr 200501,83649.207.36$13,514
Mar 2005012450.377.15$887
Feb 2005029145.226.31$1,837
Jan 200502,54843.166.32$16,109
Dec 200402,08439.866.75$14,069
Nov 200401,82645.286.33$11,559
Oct 200402,44949.706.52$15,955
Sep 200402,32843.245.28$12,301
Aug 200402,54842.375.55$14,143
Jul 200401,88738.286.08$11,481
Jun 200401,37536.106.43$8,845
May 200402,68637.486.49$17,444
Apr 200402,23934.475.86$13,117
Mar 2004071634.365.53$3,960
Feb 200402,59732.455.51$14,308
Jan 200402,79232.036.30$17,589
Dec 200302,66330.266.30$16,781
Nov 200302,64328.804.60$12,145
Oct 200302,70128.174.76$12,856
Sep 200302,79526.314.75$13,274
Aug 200302,45529.765.13$12,593
Jul 200303,00429.415.17$15,533
Jun 200302,14128.565.98$12,810
May 200302,63826.595.97$15,756
Apr 200302,92726.675.41$15,827
Mar 200302,96931.146.10$18,099
Feb 200301,22533.487.93$9,709
Jan 200301,65930.315.58$9,261
Dec 200201,79326.914.85$8,703
Nov 2002057624.664.14$2,383
Oct 2002048626.464.23$2,055
Sep 200201,55427.443.64$5,649
Aug 200202,46125.963.16$7,787
Jul 200202,74024.583.06$8,389
Jun 200202,33423.733.34$7,791
May 200202,13324.663.58$7,645
Apr 200201,60123.653.51$5,623
Mar 200201,50222.003.10$4,660
Feb 200201,76218.222.38$4,186
Jan 200201,98017.172.38$4,704
Dec 200102,00716.932.36$4,745
Nov 200101,99418.072.41$4,797
Oct 200101,79919.782.53$4,549
Sep 200101,82024.262.25$4,097
Aug 200101,82924.873.05$5,584
Jul 200101,94323.933.20$6,212
Jun 200102,23024.563.82$8,528
May 200102,04325.524.31$8,800
Apr 200101,90124.685.34$10,142
Mar 200101,97424.545.38$10,613
Feb 200101,85527.755.77$10,698
Jan 200102,03427.478.40$17,083
Dec 200002,11426.889.12$19,285
Nov 200002,04732.215.66$11,582
Oct 200002,18531.235.15$11,243
Sep 200002,19631.875.19$11,390
Aug 200002,24329.644.54$10,185
Jul 200002,19228.534.09$8,965
Jun 200001,35629.304.40$5,963
May 200001,95127.263.68$7,179
Apr 200002,31524.513.12$7,214
Mar 200002,60228.422.86$7,441
Feb 200001,83527.622.73$5,003
Jan 200001,98325.272.48$4,919
Dec 199902,03524.282.42$4,932
Nov 199901,93823.192.43$4,717
Oct 199901,61220.982.80$4,520
Sep 199901,46321.752.62$3,831
Aug 199901,54719.262.88$4,449
Jul 199901,66217.892.37$3,943
Jun 199901,56415.942.36$3,694
May 199901,63115.792.32$3,786
Apr 199901,50215.102.21$3,316
Mar 199901,48612.471.84$2,732
Feb 199901,4059.981.82$2,554
Jan 199901,84910.381.90$3,513
Dec 199801,2849.201.77$2,277
Nov 1998095410.892.19$2,085
Oct 1998088712.421.97$1,747
Sep 1998041812.592.08$871
Aug 1998051911.301.91$990
Jul 1998045111.742.24$1,009
Jun 1998055111.242.24$1,233
May 1998055712.622.21$1,229
Apr 1998058413.042.51$1,463
Mar 1998053012.802.31$1,224
Feb 1998035213.952.30$809
Jan 1998080814.702.15$1,741
Dec 199701,10916.322.41$2,674
Nov 199701,16818.193.09$3,607
Oct 199701,22419.253.15$3,855
Sep 199701,21017.742.95$3,575
Aug 199701,25517.862.55$3,206
Jul 199701,21917.582.25$2,739
Jun 199701,09317.242.26$2,467
May 199701,29918.972.31$2,999
Apr 199701,27517.882.08$2,656
Mar 199701,33318.951.94$2,585
Feb 199701,19420.492.21$2,634
Jan 199701,32623.483.54$4,694
Dec 199601,34423.32$0
Nov 199601,31421.97$0
Oct 199601,25023.31$0
Sep 199601,26122.22$0
Aug 199601,30120.26$0
Jul 199601,32219.55$0
Jun 199601,25918.73$0
May 199601,33619.43$0
Apr 199601,27321.51$0
Mar 199601,21319.38$0
Feb 199601,24816.98$0
Jan 199601,40017.07$0
Dec 199501,40617.19$0
Nov 199501,39916.00$0
Oct 199501,41015.43$0
Sep 199501,06416.18$0
Aug 199501,08915.92$0
Jul 199501,10015.24$0
Jun 199501,01116.41$0
May 199501,12817.56$0
Apr 199501,10417.73$0
Mar 199501,06416.44$0
Feb 1995098116.58$0
Jan 1995681,09115.92$1,083
Dec 199401,09915.03$0
Nov 1994097215.90$0
Oct 1994093315.58$0
Sep 1994091915.29$0
Aug 1994098516.13$0
Jul 1994099517.56$0
Jun 199401,01517.09$0
May 1994095515.88$0
Apr 1994033214.14$0
Mar 1994034712.46$0
Feb 1994030012.50$0
Jan 1994035212.66$0
Dec 1993034812.33$0
Nov 1993034714.49$0
Oct 1993034615.85$0
Sep 1993035815.03$0
Aug 1993036615.66$0
Jul 1993037715.46$0
Jun 1993035816.79$0
May 1993047217.68$0
Apr 1993034618.05$0
Mar 1993035918.14$0
Feb 1993031317.90$0
Jan 1993035016.93$0

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.

Sep 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 84.88 =         $0
Gas                   55 Mcf  × $  8.16 =       $449

────────────────────────────────────────────────────
Month total                                     $449

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. 7B/G/87229 is the state's own key, not one this site invented.