JEFFERIES, DAVID

Operated by LANEER RESOURCES COMPANY (P-5 484935) in the I BELIEVE, KELSEY (PALO PINTO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27183District 7BField 44156275OilCasinghead gasSaveExport
Value, all time
$4.7 M
May 1994 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
385
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 5 leases and 7 wells, and the rule below applies to all of them.

Discovered
1994-05-20
as the register files it
Field class
Oil
the register's own label
Between wells
660 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 1994-07-15.

The Commission's schedule remark for this field reads: IN EFFECT UNTIL NORMAL EXPIRATION & THE REVERTS TO 65YS.

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
OilDisposition133,222 bbl$4,501,304
Casinghead gasProduction60,921 Mcf$162,040
Total$4,663,344

24,828 Mcf of this lease's gas, across 32 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 (3)

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 32.6164, -99.9464. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.61636, -99.94682 · 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
100.0%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
4,000 ft
3 wells filed one
Completion to plug
22.4 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

Between 4,000 and 4,000 ft, median 4,000 ft, over the 3 wells that filed a depth.

Completions filed
May 1994 – Sep 2003
3 of 3 wells
Plug dates filed
Dec 2003 – Feb 2026
3 of 3 wells

Last completion to plug: a median of 22.4 years across the 3 wells that filed both dates, with the middle half between 14.2 years and 27.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-2533410134,000 ftSep 2003Feb 2026Yes
42-253343122A4,000 ftJan 1998Dec 2003Yes
42-253341361A4,000 ftMay 1994Feb 2026Yes

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 (385)

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

385 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 2025156066.483.13$10,371
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025177070.884.34$12,546
Jan 20250074.324.28$0
Dec 2024173068.993.12$11,935
Nov 20240069.052.20$0
Oct 2024181071.372.28$12,918
Sep 20240069.612.36$0
Aug 2024167075.632.06$12,630
Jul 20240079.932.15$0
Jun 2024173078.082.63$13,508
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024177080.301.55$14,213
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023175071.262.61$12,471
Nov 20230077.892.81$0
Oct 2023181085.443.09$15,465
Sep 2023168089.042.74$14,959
Aug 20230080.522.67$0
Jul 2023173074.852.64$12,949
Jun 20230068.962.26$0
May 2023181070.622.23$12,782
Apr 20230078.122.24$0
Mar 2023181072.852.39$13,186
Feb 20230075.112.47$0
Jan 2023181076.533.39$13,852
Dec 2022173076.415.73$13,219
Nov 20220085.005.65$0
Oct 2022182087.185.86$15,867
Sep 20220084.888.16$0
Aug 2022176094.529.13$16,636
Jul 202200101.587.54$0
Jun 20221700115.097.98$19,565
May 202200109.378.43$0
Apr 20221750104.226.84$18,239
Mar 202200108.885.08$0
Feb 2022182091.054.86$16,571
Jan 2022180081.844.54$14,731
Dec 20210071.323.90$0
Nov 2021176077.435.24$13,628
Oct 20210079.795.71$0
Sep 2021177069.865.35$12,365
Aug 20210066.024.22$0
Jul 2021177070.783.98$12,528
Jun 2021176069.493.38$12,230
May 2021179063.483.02$11,363
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021181057.805.55$10,462
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020188038.772.71$7,289
Oct 20200036.972.48$0
Sep 2020181037.091.99$6,713
Aug 20200039.982.39$0
Jul 2020358038.371.83$13,736
Jun 20200034.901.69$0
May 2020185016.921.81$3,130
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020182049.881.98$9,078
Jan 20200057.252.09$0
Dec 2019179059.012.30$10,563
Nov 2019181055.302.75$10,009
Oct 20190053.472.42$0
Sep 2019176055.052.66$9,689
Aug 20190053.112.30$0
Jul 2019175056.272.46$9,847
Jun 2019170052.782.49$8,973
May 20190058.482.74$0
Apr 2019178062.632.75$11,148
Mar 2019180056.803.06$10,224
Feb 20190050.852.79$0
Jan 2019180046.033.23$8,285
Dec 2018180046.594.19$8,386
Nov 20180052.934.24$0
Oct 2018180061.443.40$11,059
Sep 20180059.543.11$0
Aug 2018176059.403.07$10,454
Jul 2018178065.142.93$11,595
Jun 20180060.183.08$0
May 2018179065.382.90$11,703
Apr 2018182063.842.90$11,619
Mar 20180061.222.79$0
Feb 2018180061.782.77$11,120
Jan 2018178062.874.01$11,191
Dec 20170057.272.92$0
Nov 2017177055.423.12$9,809
Oct 2017179049.292.98$8,823
Sep 20170047.523.09$0
Aug 2017177045.373.00$8,030
Jul 2017177043.873.09$7,765
Jun 2017178042.493.09$7,563
May 20170045.373.26$0
Apr 2017180047.933.21$8,627
Mar 20170046.772.98$0
Feb 2017179050.452.95$9,031
Jan 2017180049.413.42$8,894
Dec 20160048.763.72$0
Nov 2016178042.492.64$7,563
Oct 2016178046.193.09$8,222
Sep 2016175041.553.10$7,271
Aug 20160041.442.92$0
Jul 2016175041.622.92$7,284
Jun 2016178045.352.69$8,072
May 2016177042.521.99$7,526
Apr 20160036.561.99$0
Mar 2016178033.011.79$5,876
Feb 2016175026.472.06$4,632
Jan 2016179027.352.36$4,896
Dec 2015178032.362.00$5,760
Nov 20150038.792.17$0
Oct 2015168043.552.43$7,316
Sep 2015177042.992.76$7,609
Aug 2015176040.162.87$7,068
Jul 20150048.152.95$0
Jun 2015174056.152.88$9,770
May 2015178055.212.96$9,827
Apr 2015181049.822.71$9,017
Mar 2015181042.892.93$7,763
Feb 20150044.662.98$0
Jan 2015179043.433.10$7,774
Dec 2014184054.693.59$10,063
Nov 2014177070.464.25$12,471
Oct 2014178078.303.90$13,937
Sep 2014179086.164.05$15,423
Aug 2014176089.394.04$15,733
Jul 2014177096.564.18$17,091
Jun 20140098.164.74$0
May 2014170094.734.73$16,104
Apr 2014178095.944.81$17,077
Mar 2014174095.895.06$16,685
Feb 2014180097.406.19$17,532
Jan 2014174090.404.86$15,730
Dec 2013177091.824.35$16,252
Nov 2013174088.853.74$15,460
Oct 2013178097.423.78$17,341
Sep 20133440104.113.72$35,814
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013166094.403.93$15,670
May 20130094.834.15$0
Apr 2013167093.964.28$15,691
Mar 2013156093.623.91$14,605
Feb 2013168091.233.42$15,327
Jan 2013177091.603.42$16,213
Dec 2012176086.773.42$15,272
Nov 2012177086.953.62$15,390
Oct 2012176089.383.40$15,731
Sep 20120094.672.92$0
Aug 2012174092.662.91$16,123
Jul 2012173085.133.02$14,727
Jun 2012171079.822.52$13,649
May 2012170091.612.49$15,574
Apr 20121730101.652.00$17,585
Mar 20121730105.052.22$18,174
Feb 20121780101.102.57$17,996
Jan 2012181098.092.73$17,754
Dec 2011179096.873.24$17,340
Nov 20110095.723.31$0
Oct 2011172084.983.65$14,617
Sep 2011171083.623.99$14,299
Aug 2011171083.404.15$14,261
Jul 2011166094.144.52$15,627
Jun 2011178092.904.64$16,536
May 2011173098.134.40$16,976
Apr 20111740105.964.33$18,437
Mar 2011346096.364.06$33,341
Feb 2011181085.644.18$15,501
Jan 2011177086.504.59$15,311
Dec 20100085.734.35$0
Nov 2010359080.843.80$29,022
Oct 2010181078.103.51$14,136
Sep 2010178072.633.98$12,928
Aug 2010175073.684.42$12,894
Jul 2010177072.554.74$12,841
Jun 2010177070.364.91$12,454
May 2010176071.124.24$12,517
Apr 2010177081.694.12$14,459
Mar 2010177078.394.39$13,875
Feb 2010178073.585.44$13,097
Jan 2010179074.365.96$13,310
Dec 2009177071.445.48$12,645
Nov 2009178074.593.75$13,277
Oct 2009179072.544.11$12,985
Sep 2009350065.543.06$22,939
Aug 2009179067.423.22$12,068
Jul 2009174061.133.46$10,637
Jun 2009179066.163.90$11,843
May 2009179054.743.93$9,798
Apr 20091763946.773.59$8,371
Mar 20091759142.144.06$7,744
Feb 200935710232.814.63$12,186
Jan 200917112535.865.37$6,803
Dec 200817812637.105.98$7,357
Nov 200817611155.496.86$10,528
Oct 200835112075.246.92$27,240
Sep 2008169106101.767.88$18,032
Aug 2008172144114.228.48$20,867
Jul 2008178106131.0811.39$24,540
Jun 2008345106131.3313.03$46,690
May 200817191123.1711.57$22,115
Apr 2008173102110.3110.45$20,150
Mar 2008179105101.909.66$19,255
Feb 200835318892.538.77$34,312
Jan 200817511290.388.21$16,736
Dec 200717312088.337.30$16,157
Nov 200734610091.677.29$32,447
Oct 20071819482.856.92$15,647
Sep 20071769875.846.24$13,960
Aug 20073509869.066.39$24,797
Jul 20071728770.906.39$12,751
Jun 2007357062.007.55$22,134
May 20071677858.747.85$10,422
Apr 20071745459.617.81$10,794
Mar 20073534056.927.30$20,385
Feb 20071757355.108.22$10,242
Jan 200735312150.306.73$18,570
Dec 200617611956.656.92$10,794
Nov 200635011254.207.62$19,823
Oct 200617514454.906.01$10,473
Sep 20061814360.085.04$11,091
Aug 20061713268.717.34$11,984
Jul 200603169.376.34$197
Jun 20061794566.286.38$12,151
May 20061815966.016.42$12,327
Apr 20061699864.397.36$11,603
Mar 20061767756.707.08$10,525
Feb 200625710057.597.75$15,576
Jan 20061798060.598.93$11,560
Dec 20051784354.9413.42$10,356
Nov 20055295954.6910.59$29,556
Oct 2005010958.3413.80$1,504
Sep 20051503061.4512.08$9,580
Aug 20051679061.519.80$11,154
Jul 20051709055.697.84$10,173
Jun 20053369252.337.38$18,262
May 200516711545.226.65$8,317
Apr 200534211749.207.36$17,688
Mar 200534414850.377.15$18,386
Feb 20051718445.226.31$8,263
Jan 200518111443.166.32$8,533
Dec 200435610439.866.75$14,892
Nov 200416610845.286.33$8,200
Oct 200435011849.706.52$18,164
Sep 200417712843.245.28$8,330
Aug 200433916042.375.55$15,252
Jul 200435319038.286.08$14,669
Jun 200434420836.106.43$13,756
May 200417321037.486.49$7,848
Apr 200433622034.475.86$12,871
Mar 200434722634.365.53$13,173
Feb 200434223232.455.51$12,376
Jan 200434124232.036.30$12,447
Dec 200334325730.266.30$11,999
Nov 200332725828.804.60$10,603
Oct 200332026328.174.76$10,266
Sep 200317927226.314.75$6,001
Aug 200351826129.765.13$16,755
Jul 200317728929.415.17$6,700
Jun 200336129628.565.98$12,081
May 200336233426.595.97$11,620
Apr 200335529626.675.41$11,068
Mar 200353824031.146.10$18,216
Feb 200317820233.487.93$7,560
Jan 200336225530.315.58$12,396
Dec 200236625326.914.85$11,077
Nov 200253925724.664.14$14,355
Oct 200236034926.464.23$11,002
Sep 200217815327.443.64$5,441
Aug 200253527625.963.16$14,762
Jul 200235630724.583.06$9,690
Jun 200236135123.733.34$9,738
May 200254240124.663.58$14,803
Apr 200236041723.653.51$9,979
Mar 200254948922.003.10$13,595
Feb 200253742218.222.38$10,787
Jan 200252236217.172.38$9,823
Dec 200133633716.932.36$6,485
Nov 200135140518.072.41$7,317
Oct 200152854119.782.53$11,812
Sep 200134760924.262.25$9,789
Aug 200169369624.873.05$19,360
Jul 200151765723.933.20$14,472
Jun 200168657324.563.82$19,039
May 200152060025.524.31$15,855
Apr 200152258824.685.34$16,020
Mar 200135139924.545.38$10,759
Feb 200102327.755.77$133
Jan 200170181927.478.40$26,135
Dec 200052869026.889.12$20,487
Nov 200070696932.215.66$28,223
Oct 20001,0651,17531.235.15$39,306
Sep 200070029531.875.19$23,839
Aug 200070250229.644.54$23,087
Jul 200087754828.534.09$27,262
Jun 200087854829.304.40$28,135
May 20001,04565327.263.68$30,890
Apr 200085841224.513.12$22,313
Mar 200087732028.422.86$25,839
Feb 200086734627.622.73$24,890
Jan 20001,25340325.272.48$32,663
Dec 199986847824.282.42$22,234
Nov 19991,05665723.192.43$26,088
Oct 19991,43969820.982.80$32,147
Sep 19991,07648021.752.62$24,660
Aug 19991,07527419.262.88$21,492
Jul 19991,07129917.892.37$19,870
Jun 19991,06545715.942.36$18,056
May 19991,41942015.792.32$23,381
Apr 19991,25334815.102.21$19,689
Mar 199987115612.471.84$11,148
Feb 19993451189.981.82$3,658
Jan 19990010.381.90$0
Dec 199852109.201.77$4,793
Nov 19980210.892.19$4
Oct 19985192712.421.97$6,499
Sep 19981741012.592.08$2,211
Aug 19987007311.301.91$8,049
Jul 19981,04528611.742.24$12,908
Jun 19981736111.242.24$2,081
May 199834711012.622.21$4,622
Apr 199870017113.042.51$9,556
Mar 199891626012.802.31$12,325
Feb 19981,0833213.952.30$15,181
Jan 199871715414.702.15$10,872
Dec 19975341716.322.41$8,756
Nov 199755015618.193.09$10,486
Oct 19971,45524919.253.15$28,793
Sep 199766618217.742.95$12,353
Aug 19971,06028117.862.55$19,649
Jul 19971,23844517.582.25$22,764
Jun 199751740817.242.26$9,834
May 199790327418.972.31$17,762
Apr 199754646917.882.08$10,739
Mar 19971,27324718.951.94$24,602
Feb 1997709320.492.21$14,534
Jan 19971,05350923.483.54$26,526
Dec 199618628223.32$4,338
Nov 199672333621.97$15,884
Oct 19961,25679023.31$29,277
Sep 19961,06893422.22$23,731
Aug 19961,04776720.26$21,212
Jul 199690873519.55$17,751
Jun 19961,0881,01618.73$20,378
May 19961,4591,44819.43$28,348
Apr 19961,2551,04521.51$26,995
Mar 19961,3871,04219.38$26,880
Feb 19961,0721,14416.98$18,203
Jan 19961,8221,78617.07$31,102
Dec 19952,1021,91617.19$36,133
Nov 19952,4802,36716.00$39,680
Oct 19951,64391115.43$25,351
Sep 199574246216.18$12,006
Aug 199588939215.92$14,153
Jul 199590951515.24$13,853
Jun 19951,07551716.41$17,641
May 19951,07244217.56$18,824
Apr 19951,27746817.73$22,641
Mar 19951,28456616.44$21,109
Feb 199591839616.58$15,220
Jan 19951,10341715.92$17,560
Dec 19941,29745115.03$19,494
Nov 19941,26941915.90$20,177
Oct 19941,42146015.58$22,139
Sep 19941,21453715.29$18,562
Aug 19941,66582316.13$26,856
Jul 19941,80983617.56$31,766
Jun 19941,47360717.09$25,174
May 1994511115.88$8,115

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.

Jun 2025 — as filed, then multipliedworked
Oil                  156 bbl  × $ 66.48 =    $10,371
Casinghead gas         0 Mcf  × $  3.13 =         $0

────────────────────────────────────────────────────
Month total                                  $10,371

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/27183 is the state's own key, not one this site invented.