ALEXANDER-SEARCY UNIT

Operated by PETEX (P-5 659782) in the STEPHENS COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15887District 7BField 85948001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$3.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$140 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 1,255 leases and 4,008 wells, and the rule below applies to all of them.

Discovered
1916-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: CLASS 4 W/DAILY 150 = 6000 TO 8000'

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition70,130 bbl$3,855,336
Casinghead gasProduction46 Mcf$0
Total$3,855,336

46 Mcf of this lease's gas, across 46 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.

These wells centre on 32.7489, -98.9433. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.74890, -98.94327 · 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
3,243 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 3,243 ft.

Completions filed
Apr 1980
1 of 1 wells

1 well

42-4293240313,243 ftApr 1980

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 20261700106.413.05$18,090
Apr 2026159098.932.87$15,730
Mar 2026158089.753.15$14,181
Feb 2026173063.503.75$10,986
Jan 2026160059.138.00$9,461
Dec 2025172056.664.41$9,746
Nov 2025164058.593.93$9,609
Oct 2025164059.383.30$9,738
Sep 2025158062.743.08$9,913
Aug 2025160063.933.01$10,229
Jul 2025165066.743.32$11,012
Jun 2025169066.483.13$11,235
May 2025161060.553.23$9,749
Apr 2025164062.363.54$10,227
Mar 20250067.704.27$0
Feb 2025180070.884.34$12,758
Jan 2025170074.324.28$12,634
Dec 2024167068.993.12$11,521
Nov 2024168069.052.20$11,600
Oct 2024162071.372.28$11,562
Sep 2024175069.612.36$12,182
Aug 2024164075.632.06$12,403
Jul 2024174079.932.15$13,908
Jun 2024168078.082.63$13,117
May 2024171078.812.20$13,477
Apr 2024167084.451.66$14,103
Mar 2024126080.301.55$10,118
Feb 2024159076.091.78$12,098
Jan 2024155073.023.30$11,318
Dec 2023171071.262.61$12,185
Nov 2023169077.892.81$13,163
Oct 2023172085.443.09$14,696
Sep 2023332089.042.74$29,561
Aug 2023167080.522.67$13,447
Jul 2023163074.852.64$12,201
Jun 2023165068.962.26$11,378
May 2023170070.622.23$12,005
Apr 2023170078.122.24$13,280
Mar 2023174072.852.39$12,676
Feb 2023338075.112.47$25,387
Jan 20230076.533.39$0
Dec 2022166076.415.73$12,684
Nov 2022170085.005.65$14,450
Oct 2022166087.185.86$14,472
Sep 2022309084.888.16$26,228
Aug 2022161094.529.13$15,218
Jul 20221630101.587.54$16,558
Jun 20221630115.097.98$18,760
May 20221670109.378.43$18,265
Apr 20223400104.226.84$35,435
Mar 20221710108.885.08$18,618
Feb 20220091.054.86$0
Jan 2022165081.844.54$13,504
Dec 2021341071.323.90$24,320
Nov 20210077.435.24$0
Oct 2021166079.795.71$13,245
Sep 2021158069.865.35$11,038
Aug 20210066.024.22$0
Jul 2021167070.783.98$11,820
Jun 2021324069.493.38$22,515
May 2021148063.483.02$9,395
Apr 2021157060.362.76$9,477
Mar 2021147061.302.72$9,011
Feb 2021170057.805.55$9,826
Jan 2021198050.412.81$9,981
Dec 2020169044.642.68$7,544
Nov 2020282038.772.71$10,933
Oct 202097036.972.48$3,586
Sep 2020246037.091.99$9,124
Aug 2020123039.982.39$4,918
Jul 2020161038.371.83$6,178
Jun 2020241034.901.69$8,411
May 2020207016.921.81$3,502
Apr 2020236014.751.80$3,481
Mar 2020257030.341.86$7,797
Feb 2020164049.881.98$8,180
Jan 2020143057.252.09$8,187
Dec 2019171059.012.30$10,091
Nov 2019327055.302.75$18,083
Oct 2019144053.472.42$7,700
Sep 2019158055.052.66$8,698
Aug 2019252053.112.30$13,384
Jul 2019273056.272.46$15,362
Jun 2019140052.782.49$7,389
May 2019251058.482.74$14,678
Apr 2019280062.632.75$17,536
Mar 201990056.803.06$5,112
Feb 2019261050.852.79$13,272
Jan 2019102046.033.23$4,695
Dec 2018313046.594.19$14,583
Nov 20180052.934.24$0
Oct 2018286061.443.40$17,572
Sep 2018214059.543.11$12,742
Aug 2018207059.403.07$12,296
Jul 2018232065.142.93$15,112
Jun 2018294060.183.08$17,693
May 2018106065.382.90$6,930
Apr 2018119063.842.90$7,597
Mar 2018237061.222.79$14,509
Feb 2018347061.782.77$21,438
Jan 2018188062.874.01$11,820
Dec 2017317057.272.92$18,155
Nov 2017103055.423.12$5,708
Oct 2017260049.292.98$12,815
Sep 20170047.523.09$0
Aug 2017254045.373.00$11,524
Jul 2017262043.873.09$11,494
Jun 2017247042.493.09$10,495
May 2017260045.373.26$11,796
Apr 2017253047.933.21$12,126
Mar 2017273046.772.98$12,768
Feb 2017329050.452.95$16,598
Jan 201775049.413.42$3,706
Dec 2016258048.763.72$12,580
Nov 20160042.492.64$0
Oct 2016217046.193.09$10,023
Sep 2016193041.553.10$8,019
Aug 2016334041.442.92$13,841
Jul 2016194041.622.92$8,074
Jun 2016224045.352.69$10,158
May 2016273042.521.99$11,608
Apr 2016249036.561.99$9,103
Mar 2016288033.011.79$9,507
Feb 2016203026.472.06$5,373
Jan 2016420027.352.36$11,487
Dec 2015170032.362.00$5,501
Nov 2015302038.792.17$11,715
Oct 2015203043.552.43$8,841
Sep 2015255042.992.76$10,962
Aug 2015393040.162.87$15,783
Jul 2015176048.152.95$8,474
Jun 2015291056.152.88$16,340
May 2015276055.212.96$15,238
Apr 2015268049.822.71$13,352
Mar 2015324042.892.93$13,896
Feb 2015164044.662.98$7,324
Jan 2015351043.433.10$15,244
Dec 2014273054.693.59$14,930
Nov 2014351070.464.25$24,731
Oct 2014339078.303.90$26,544
Sep 2014331086.164.05$28,519
Aug 2014250089.394.04$22,348
Jul 2014318096.564.18$30,706
Jun 2014138098.164.74$13,546
May 2014179094.734.73$16,957
Apr 2014225095.944.81$21,587
Mar 2014282095.895.06$27,041
Feb 2014178097.406.19$17,337
Jan 2014357090.404.86$32,273
Dec 2013189091.824.35$17,354
Nov 2013269088.853.74$23,901
Oct 2013161097.423.78$15,685
Sep 20132990104.113.72$31,129
Aug 20131200104.253.52$12,510
Jul 20133050102.523.72$31,269
Jun 2013209094.403.93$19,730
May 2013199094.834.15$18,871
Apr 2013261093.964.28$24,524
Mar 2013264093.623.91$24,716
Feb 2013121091.233.42$11,039
Jan 2013362091.603.42$33,159
Dec 2012179086.773.42$15,532
Nov 2012266086.953.62$23,129
Oct 201283089.383.40$7,419
Sep 2012293094.672.92$27,738
Aug 2012164092.662.91$15,196
Jul 2012224085.133.02$19,069
Jun 2012246079.822.52$19,636
May 2012256091.612.49$23,452
Apr 20122690101.652.00$27,344
Mar 20122020105.052.22$21,220
Feb 20122450101.102.57$24,770
Jan 2012186098.092.73$18,245
Dec 2011173096.873.24$16,759
Nov 2011287095.723.31$27,472
Oct 2011277084.983.65$23,539
Sep 2011168083.623.99$14,048
Aug 2011165083.404.15$13,761
Jul 2011163094.144.52$15,345
Jun 2011276092.904.64$25,640
May 2011217098.134.40$21,294
Apr 20111740105.964.33$18,437
Mar 2011338096.364.06$32,570
Feb 20110085.644.18$0
Jan 2011290086.504.59$25,085
Dec 2010108085.734.35$9,259
Nov 2010168080.843.80$13,581
Oct 2010170078.103.51$13,277
Sep 2010165072.633.98$11,984
Aug 2010202073.684.42$14,883
Jul 2010137072.554.74$9,939
Jun 2010215070.364.91$15,127
May 2010171071.124.24$12,162
Apr 2010218081.694.12$17,808
Mar 201077078.394.39$6,036
Feb 2010180073.585.44$13,244
Jan 2010234074.365.96$17,400
Dec 2009221071.445.48$15,788
Nov 2009242074.593.75$18,051
Oct 2009172072.544.11$12,477
Sep 2009142065.543.06$9,307
Aug 2009185067.423.22$12,473
Jul 2009165061.133.46$10,086
Jun 2009166066.163.90$10,983
May 2009320054.743.93$17,517
Apr 2009164046.773.59$7,670
Mar 2009172042.144.06$7,248
Feb 2009180032.814.63$5,906
Jan 2009140035.865.37$5,020
Dec 2008367037.105.98$13,616
Nov 2008174055.496.86$9,655
Oct 2008153075.246.92$11,512
Sep 20081740101.767.88$17,706
Aug 20081730114.228.48$19,760
Jul 20081680131.0811.39$22,021
Jun 20082980131.3313.03$39,136
May 20081770123.1711.57$21,801
Apr 20081760110.3110.45$19,415
Mar 20081800101.909.66$18,342
Feb 2008183092.538.77$16,933
Jan 2008180090.388.21$16,268
Dec 2007180088.337.30$15,899
Nov 2007181091.677.29$16,592
Oct 2007173082.856.92$14,333
Sep 2007184075.846.24$13,955
Aug 20070069.066.39$0
Jul 2007180070.906.39$12,762
Jun 2007102062.007.55$6,324
May 2007172058.747.85$10,103
Apr 2007170059.617.81$10,134
Mar 2007173056.927.30$9,847
Feb 20070055.108.22$0
Jan 2007164050.306.73$8,249
Dec 2006165056.656.92$9,347
Nov 2006173054.207.62$9,377
Oct 2006175054.906.01$9,608
Sep 2006173060.085.04$10,394
Aug 2006158068.717.34$10,856
Jul 20060069.376.34$0
Jun 2006172066.286.38$11,400
May 2006176066.016.42$11,618
Apr 20060064.397.36$0
Mar 2006176056.707.08$9,979
Feb 2006178057.597.75$10,251
Jan 2006162060.598.93$9,816
Dec 20050054.9413.42$0
Nov 2005181054.6910.59$9,899
Oct 20050058.3413.80$0
Sep 2005148061.4512.08$9,095
Aug 20050061.519.80$0
Jul 2005180055.697.84$10,024
Jun 2005156052.337.38$8,163
May 2005165045.226.65$7,461
Apr 20050049.207.36$0
Mar 2005161050.377.15$8,110
Feb 2005165045.226.31$7,461
Jan 2005152043.166.32$6,560
Dec 2004165039.866.75$6,577
Nov 20040045.286.33$0
Oct 2004176049.706.52$8,747
Sep 2004158043.245.28$6,832
Aug 2004155042.375.55$6,567
Jul 2004166038.286.08$6,354
Jun 20040036.106.43$0
May 2004167037.486.49$6,259
Apr 2004169034.475.86$5,825
Mar 2004182034.365.53$6,254
Feb 20040032.455.51$0
Jan 2004172032.036.30$5,509
Dec 2003175030.266.30$5,296
Nov 2003169028.804.60$4,867
Oct 20030028.174.76$0
Sep 2003176026.314.75$4,631
Aug 20030029.765.13$0
Jul 2003179029.415.17$5,264
Jun 2003182028.565.98$5,198
May 2003181026.595.97$4,813
Apr 20030026.675.41$0
Mar 2003182031.146.10$5,667
Feb 2003182033.487.93$6,093
Jan 2003186030.315.58$5,638
Dec 20020026.914.85$0
Nov 2002177024.664.14$4,365
Oct 2002183026.464.23$4,842
Sep 2002179027.443.64$4,912
Aug 2002180025.963.16$4,673
Jul 2002165024.583.06$4,056
Jun 20020023.733.34$0
May 2002293024.663.58$7,225
Apr 20020023.653.51$0
Mar 2002137022.003.10$3,014
Feb 2002322018.222.38$5,867
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001174018.072.41$3,144
Oct 2001176019.782.53$3,481
Sep 2001178024.262.25$4,318
Aug 2001174024.873.05$4,327
Jul 2001154023.933.20$3,685
Jun 20010024.563.82$0
May 2001180025.524.31$4,594
Apr 2001131024.685.34$3,233
Mar 2001140024.545.38$3,436
Feb 2001148027.755.77$4,107
Jan 2001136027.478.40$3,736
Dec 2000178026.889.12$4,785
Nov 2000184032.215.66$5,927
Oct 2000172031.235.15$5,372
Sep 2000170031.875.19$5,418
Aug 2000163029.644.54$4,831
Jul 2000172028.534.09$4,907
Jun 2000146029.304.40$4,278
May 20000027.263.68$0
Apr 2000136024.513.12$3,333
Mar 2000166028.422.86$4,718
Feb 2000159027.622.73$4,392
Jan 2000149025.272.48$3,765
Dec 1999152024.282.42$3,691
Nov 1999164023.192.43$3,803
Oct 1999147020.982.80$3,084
Sep 1999168021.752.62$3,654
Aug 1999155019.262.88$2,985
Jul 1999159017.892.37$2,845
Jun 1999158015.942.36$2,519
May 1999167015.792.32$2,637
Apr 1999163015.102.21$2,461
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999167010.381.90$1,733
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998136012.622.21$1,716
Apr 1998175013.042.51$2,282
Mar 19980012.802.31$0
Feb 1998348013.952.30$4,855
Jan 19980014.702.15$0
Dec 1997181016.322.41$2,954
Nov 1997159018.193.09$2,892
Oct 199719019.253.15$366
Sep 1997310017.742.95$5,499
Aug 19970017.862.55$0
Jul 1997336017.582.25$5,907
Jun 1997172017.242.26$2,965
May 1997172018.972.31$3,263
Apr 1997174017.882.08$3,111
Mar 19970018.951.94$0
Feb 1997177020.492.21$3,627
Jan 1997171023.483.54$4,015
Dec 1996173023.32$4,034
Nov 1996176021.97$3,867
Oct 1996181123.31$4,219
Sep 1996181122.22$4,022
Aug 1996172120.26$3,485
Jul 19960119.55$0
Jun 1996179118.73$3,353
May 1996180119.43$3,497
Apr 1996185121.51$3,979
Mar 1996186119.38$3,605
Feb 1996183116.98$3,107
Jan 1996183117.07$3,124
Dec 1995178117.19$3,060
Nov 19950116.00$0
Oct 1995532115.43$8,209
Sep 19950116.18$0
Aug 19950115.92$0
Jul 1995181115.24$2,758
Jun 1995177116.41$2,905
May 1995178117.56$3,126
Apr 19950117.73$0
Mar 1995346116.44$5,688
Feb 1995149116.58$2,470
Jan 1995182115.92$2,897
Dec 1994184115.03$2,766
Nov 1994184115.90$2,926
Oct 1994182115.58$2,836
Sep 1994184115.29$2,813
Aug 1994183116.13$2,952
Jul 1994172117.56$3,020
Jun 1994180117.09$3,076
May 1994185115.88$2,938
Apr 1994184114.14$2,602
Mar 1994184112.46$2,293
Feb 1994187112.50$2,338
Jan 1994180112.66$2,279
Dec 1993181112.33$2,232
Nov 1993185114.49$2,681
Oct 1993179115.85$2,837
Sep 1993368115.03$5,531
Aug 1993180115.66$2,819
Jul 1993176115.46$2,721
Jun 1993176116.79$2,955
May 1993184117.68$3,253
Apr 1993165118.05$2,978
Mar 1993183118.14$3,320
Feb 1993186117.90$3,329
Jan 1993181116.93$3,064

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                  170 bbl  × $106.41 =    $18,090
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,090

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/15887 is the state's own key, not one this site invented.