SPEER, A.C.

Operated by EASTLAND OPERATING, L.L.C. (P-5 239726) in the LITTLE CEDAR (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12576District 7BField 53950500OilCasinghead gasSaveExport
Value, all time
$758 k
Jan 1993 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
401
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 33 leases and 78 wells, and the rule below applies to all of them.

Discovered
1975-04-05
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 field rule took effect on 1975-12-29.

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
OilDisposition12,475 bbl$540,226
Casinghead gasProduction100,499 Mcf$217,514
Total$757,740

44,149 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 (8)

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 32.6596, -98.7270. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.65966, -98.72683 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
2,990 ft
7 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.
8100.0%

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

Total depth in feet, 7 of 8 wells. Median 2,990 ft, with the middle half between 2,982 and 3,050 ft; the shallowest is 2,974 ft and the deepest 3,070 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 8 wells, Mar 1975 – Aug 1975. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1975 – Aug 1975
8 of 8 wells

8 wells

42-4293072142,990 ftAug 1975
42-4293072252,975 ftJul 1975
42-429307203 A3,050 ftJul 1975
42-429307083Jun 1975
42-429306862 A3,070 ftMay 1975
42-429306651 A3,050 ftMay 1975
42-4293066422,989 ftApr 1975
42-4293063712,974 ftMar 1975

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 202691155106.413.05$10,155
Apr 2026029898.932.87$855
Mar 202603789.753.15$117
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 2025150063.933.01$9,590
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 2024151071.372.28$10,777
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 202402184.451.66$35
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20231594271.262.61$11,440
Nov 202303177.892.81$87
Oct 202302885.443.09$86
Sep 202304989.042.74$134
Aug 202303480.522.67$91
Jul 202303474.852.64$90
Jun 202302768.962.26$61
May 202301870.622.23$40
Apr 20230978.122.24$20
Mar 20230072.852.39$0
Feb 2023160075.112.47$12,018
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202201987.185.86$111
Sep 202201784.888.16$139
Aug 202201694.529.13$146
Jul 2022042101.587.54$317
Jun 2022047115.097.98$375
May 202213545109.378.43$15,144
Apr 2022044104.226.84$301
Mar 2022039108.885.08$198
Feb 202203191.054.86$151
Jan 202203281.844.54$145
Dec 2021513771.323.90$3,782
Nov 202104477.435.24$230
Oct 2021315479.795.71$2,782
Sep 202105969.865.35$316
Aug 202103166.024.22$131
Jul 2021143870.783.98$10,153
Jun 20210369.493.38$10
May 20210163.483.02$3
Apr 202102360.362.76$63
Mar 202104961.302.72$133
Feb 202102957.805.55$161
Jan 2021753250.412.81$3,871
Dec 202003044.642.68$80
Nov 202003838.772.71$103
Oct 202005636.972.48$139
Sep 202001737.091.99$34
Aug 20201525039.982.39$6,196
Jul 202004738.371.83$86
Jun 202004934.901.69$83
May 202004916.921.81$89
Apr 202004614.751.80$83
Mar 202004830.341.86$89
Feb 202003749.881.98$73
Jan 2020724057.252.09$4,206
Dec 201904459.012.30$101
Nov 201904755.302.75$129
Oct 20191245353.472.42$6,758
Sep 201905455.052.66$143
Aug 201905353.112.30$122
Jul 201905356.272.46$130
Jun 201904952.782.49$122
May 201905658.482.74$153
Apr 2019624762.632.75$4,012
Mar 201904756.803.06$144
Feb 201903950.852.79$109
Jan 2019344846.033.23$1,720
Dec 201805146.594.19$213
Nov 2018876352.934.24$4,872
Oct 201807461.443.40$251
Sep 201807259.543.11$224
Aug 201807759.403.07$236
Jul 201807865.142.93$229
Jun 201807960.183.08$243
May 2018738165.382.90$5,008
Apr 201807563.842.90$218
Mar 20181007561.222.79$6,331
Feb 201805261.782.77$144
Jan 201804062.874.01$160
Dec 201705657.272.92$164
Nov 201706655.423.12$206
Oct 20171409249.292.98$7,175
Sep 2017010147.523.09$312
Aug 2017010145.373.00$303
Jul 2017507543.873.09$2,425
Jun 201707542.493.09$232
May 2017698145.373.26$3,395
Apr 201708047.933.21$257
Mar 201708446.772.98$251
Feb 201706950.452.95$204
Jan 201707649.413.42$260
Dec 2016898348.763.72$4,649
Nov 201609742.492.64$257
Oct 2016011146.193.09$343
Sep 20161069441.553.10$4,696
Aug 201609941.442.92$290
Jul 2016010041.622.92$292
Jun 2016909845.352.69$4,345
May 201608842.521.99$175
Apr 201609236.561.99$183
Mar 20163010633.011.79$1,180
Feb 201609926.472.06$204
Jan 2016010227.352.36$241
Dec 2015549632.362.00$1,940
Nov 2015010238.792.17$221
Oct 201504043.552.43$97
Sep 2015010542.992.76$290
Aug 20151189140.162.87$5,000
Jul 2015010748.152.95$315
Jun 2015011356.152.88$326
May 2015010955.212.96$322
Apr 20159311149.822.71$4,934
Mar 2015010342.892.93$302
Feb 201508744.662.98$259
Jan 201511510443.433.10$5,317
Dec 2014010254.693.59$366
Nov 20144610870.464.25$3,700
Oct 2014010878.303.90$421
Sep 201409986.164.05$401
Aug 20144811489.394.04$4,751
Jul 2014010396.564.18$431
Jun 201415812498.164.74$16,097
May 2014011894.734.73$558
Apr 2014010495.944.81$500
Mar 201409495.895.06$475
Feb 20141177097.406.19$11,829
Jan 2014014590.404.86$705
Dec 2013014691.824.35$636
Nov 201311821488.853.74$11,284
Oct 2013025497.423.78$960
Sep 2013108269104.113.72$12,244
Aug 20130288104.253.52$1,015
Jul 20130328102.523.72$1,219
Jun 201310921494.403.93$11,131
May 20139729194.834.15$10,406
Apr 20130093.964.28$0
Mar 201311631893.623.91$12,104
Feb 20130091.233.42$0
Jan 20137332391.603.42$7,791
Dec 2012034586.773.42$1,180
Nov 201212332786.953.62$11,880
Oct 2012039789.383.40$1,350
Sep 201212039194.672.92$12,501
Aug 20127042692.662.91$7,725
Jul 2012036785.133.02$1,109
Jun 201213733679.822.52$11,782
May 2012029891.612.49$742
Apr 2012107377101.652.00$11,629
Mar 2012142367105.052.22$15,733
Feb 201235314101.102.57$4,346
Jan 2012527098.092.73$5,292
Dec 20115518296.873.24$5,917
Nov 201110016895.723.31$10,128
Oct 2011011584.983.65$420
Sep 20111603083.623.99$13,499
Aug 2011011083.404.15$456
Jul 2011013894.144.52$623
Jun 2011015892.904.64$733
May 2011014598.134.40$639
Apr 20110110105.964.33$477
Mar 201109896.364.06$398
Feb 2011797285.644.18$7,067
Jan 201109686.504.59$441
Dec 201009985.734.35$430
Nov 2010010780.843.80$406
Oct 2010011278.103.51$393
Sep 2010010172.633.98$402
Aug 2010010973.684.42$482
Jul 201008372.554.74$393
Jun 201002170.364.91$103
May 201009271.124.24$390
Apr 2010010981.694.12$449
Mar 201016510378.394.39$13,386
Feb 2010010373.585.44$561
Jan 201009774.365.96$579
Dec 2009011171.445.48$609
Nov 2009011374.593.75$424
Oct 2009012972.544.11$530
Sep 200908065.543.06$245
Aug 200909267.423.22$296
Jul 200906961.133.46$239
Jun 200909366.163.90$362
May 2009011454.743.93$448
Apr 2009011346.773.59$405
Mar 2009012442.144.06$503
Feb 2009011432.814.63$528
Jan 2009013035.865.37$698
Dec 2008010037.105.98$598
Nov 2008014255.496.86$974
Oct 200812611875.246.92$10,297
Sep 2008099101.767.88$780
Aug 2008053114.228.48$450
Jul 2008058131.0811.39$661
Jun 200800131.3313.03$0
May 20080117123.1711.57$1,354
Apr 20080149110.3110.45$1,558
Mar 20080168101.909.66$1,624
Feb 2008015592.538.77$1,359
Jan 2008016490.388.21$1,346
Dec 2007024388.337.30$1,774
Nov 2007016891.677.29$1,225
Oct 200706882.856.92$471
Sep 200703775.846.24$231
Aug 200707969.066.39$505
Jul 2007011670.906.39$741
Jun 2007010862.007.55$815
May 2007015058.747.85$1,177
Apr 200709159.617.81$710
Mar 2007019256.927.30$1,402
Feb 2007017455.108.22$1,430
Jan 2007020050.306.73$1,345
Dec 2006020156.656.92$1,391
Nov 2006014054.207.62$1,066
Oct 2006016854.906.01$1,010
Sep 2006010260.085.04$514
Aug 2006020868.717.34$1,527
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200507955.697.84$620
Jun 2005016852.337.38$1,240
May 2005015345.226.65$1,018
Apr 2005021249.207.36$1,560
Mar 2005022850.377.15$1,631
Feb 2005020945.226.31$1,319
Jan 2005025743.166.32$1,625
Dec 2004027739.866.75$1,870
Nov 2004017145.286.33$1,083
Oct 2004017749.706.52$1,153
Sep 20046517243.245.28$3,719
Aug 2004015242.375.55$844
Jul 2004018438.286.08$1,119
Jun 2004017936.106.43$1,152
May 20049717637.486.49$4,779
Apr 2004018534.475.86$1,084
Mar 2004018134.365.53$1,001
Feb 2004018132.455.51$997
Jan 200413016732.036.30$5,216
Dec 2003016530.266.30$1,040
Nov 2003017128.804.60$786
Oct 2003020928.174.76$995
Sep 2003020526.314.75$974
Aug 2003021529.765.13$1,103
Jul 2003025429.415.17$1,313
Jun 2003025328.565.98$1,514
May 20037230326.595.97$3,724
Apr 2003028726.675.41$1,552
Mar 200312034231.146.10$5,822
Feb 2003029733.487.93$2,354
Jan 2003026830.315.58$1,496
Dec 20027626926.914.85$3,351
Nov 2002028524.664.14$1,179
Oct 2002031126.464.23$1,315
Sep 2002028027.443.64$1,018
Aug 20027229625.963.16$2,806
Jul 2002030724.583.06$940
Jun 20020023.733.34$0
May 20027611624.663.58$2,290
Apr 2002034523.653.51$1,212
Mar 20026436622.003.10$2,544
Feb 2002035018.222.38$831
Jan 200214340817.172.38$3,425
Dec 2001031516.932.36$745
Nov 2001033118.072.41$796
Oct 2001035819.782.53$905
Sep 200116330024.262.25$4,630
Aug 200118216124.873.05$5,018
Jul 2001024823.933.20$793
Jun 200117441824.563.82$5,872
May 200115943325.524.31$5,923
Apr 2001038124.685.34$2,033
Mar 200133633824.545.38$10,063
Feb 2001022827.755.77$1,315
Jan 200116734127.478.40$7,451
Dec 2000035526.889.12$3,238
Nov 2000035632.215.66$2,014
Oct 200010237231.235.15$5,100
Sep 2000038831.875.19$2,012
Aug 2000044129.644.54$2,002
Jul 200015144828.534.09$6,140
Jun 200011044529.304.40$5,180
May 200017744827.263.68$6,474
Apr 2000041024.513.12$1,278
Mar 200010842628.422.86$4,288
Feb 20009739727.622.73$3,762
Jan 2000044425.272.48$1,101
Dec 1999036124.282.42$875
Nov 19997945623.192.43$2,942
Oct 199917749720.982.80$5,107
Sep 1999037021.752.62$969
Aug 1999037819.262.88$1,087
Jul 1999039517.892.37$937
Jun 1999038115.942.36$900
May 1999043115.792.32$1,000
Apr 1999041915.102.21$925
Mar 199917241612.471.84$2,910
Feb 199903939.981.82$714
Jan 1999026210.381.90$498
Dec 19981882369.201.77$2,148
Nov 1998023410.892.19$511
Oct 1998025512.421.97$502
Sep 199817527512.592.08$2,776
Aug 1998027111.301.91$517
Jul 1998027511.742.24$615
Jun 199816629411.242.24$2,524
May 1998025512.622.21$563
Apr 199816521813.042.51$2,698
Mar 1998024812.802.31$573
Feb 1998020613.952.30$474
Jan 19985529314.702.15$1,440
Dec 1997023816.322.41$574
Nov 19975522518.193.09$1,695
Oct 1997032219.253.15$1,014
Sep 19973072217.742.95$2,666
Aug 19972074617.862.55$2,263
Jul 19974578917.582.25$2,564
Jun 19977763617.242.26$2,763
May 1997065018.972.31$1,501
Apr 1997381,21117.882.08$3,202
Mar 19974069318.951.94$2,102
Feb 19973664220.492.21$2,154
Jan 19975781623.483.54$4,227
Dec 199601,12723.32$0
Nov 1996401,09421.97$879
Oct 1996471,35023.31$1,096
Sep 19964175522.22$911
Aug 1996431,17420.26$871
Jul 19964297419.55$821
Jun 199610080718.73$1,873
May 1996096719.43$0
Apr 19966284521.51$1,334
Mar 199611084219.38$2,132
Feb 1996075116.98$0
Jan 19967588617.07$1,280
Dec 19955574517.19$945
Nov 19955294516.00$832
Oct 19955578515.43$849
Sep 19956081716.18$971
Aug 19955598115.92$876
Jul 19955180115.24$777
Jun 19954085216.41$656
May 19955893517.56$1,018
Apr 19956785417.73$1,188
Mar 19955490516.44$888
Feb 19956780616.58$1,111
Jan 19959396415.92$1,481
Dec 19943780415.03$556
Nov 19945475415.90$859
Oct 19944785715.58$732
Sep 19943986315.29$596
Aug 19947190416.13$1,145
Jul 19945688717.56$983
Jun 19946297417.09$1,060
May 19945384615.88$842
Apr 19947190714.14$1,004
Mar 19946496612.46$797
Feb 19945383612.50$663
Jan 19947581812.66$950
Dec 19936897212.33$838
Nov 19935790714.49$826
Oct 19936295315.85$983
Sep 19937691615.03$1,142
Aug 1993801,08015.66$1,253
Jul 1993641,03915.46$989
Jun 1993701,04316.79$1,175
May 1993661,02817.68$1,167
Apr 1993841,06218.05$1,516
Mar 1993571,05418.14$1,034
Feb 199311098417.90$1,969
Jan 19935173316.93$863

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                   91 bbl  × $106.41 =     $9,683
Casinghead gas       155 Mcf  × $  3.05 =       $472

────────────────────────────────────────────────────
Month total                                  $10,155

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/O/12576 is the state's own key, not one this site invented.