STEPHEN UNIT

Operated by PALO PINTO BOND COMPANY, LLC (P-5 637403) in the STRAWN, NW. (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27652District 7BField 86577200OilCasinghead gasSaveExport
Value, all time
$8.8 M
Oct 1995 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
368
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 155 leases and 252 wells, and the rule below applies to all of them.

Discovered
1958-08-18
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 40 acres. The field rule took effect on 1987-12-21.

The Commission's schedule remark for this field reads: ALLOWABLES FOR WELLS IN THIS FIELD (DAMEKI NYERI).

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
OilDisposition188,842 bbl$7,934,767
Casinghead gasProduction281,583 Mcf$914,515
Total$8,849,282

57,408 Mcf of this lease's gas, across 15 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 (17)

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 32.6144, -98.5133. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

32.61302, -98.51175 · 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%
17 of 17 wells
With a plug date
100.0%
17 of 17 wells
Median depth
4,272 ft
17 wells filed one
Completion to plug
26.6 years
median over 17 wells

What the state filed about each well

On the RRC proration schedule
17100.0%
A plug date is filed
17100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
17100.0%
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

Total depth in feet, 17 of 17 wells. Median 4,272 ft, with the middle half between 3,995 and 4,390 ft; the shallowest is 3,375 ft and the deepest 4,735 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, 17 of 17 wells, Oct 1986 – Feb 2012. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1986 – Feb 2012
17 of 17 wells
Plug dates filed
Nov 2010 – Dec 2022
17 of 17 wells

Last completion to plug: a median of 26.6 years across the 17 wells that filed both dates, with the middle half between 16.8 years and 34.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

17 wells

42-363334783014,230 ftFeb 2012Nov 2022Yes
42-36333940201UT4,272 ftOct 2011Nov 2022Yes
42-363334064014,735 ftMar 2011Dec 2022Yes
42-363351721054,250 ftDec 2003Dec 2022Yes
42-363350975043,995 ftOct 2002Dec 2022Yes
42-36334514202W3,400 ftMay 1996Nov 2010Yes
42-36334500306W3,661 ftApr 1996Jan 2013Yes
42-363344884015W3,375 ftApr 1996Nov 2022Yes
42-36334495104W3,700 ftApr 1996Apr 2013Yes
42-36333970103U4,004 ftJul 1989Dec 2022Yes
42-363338955034,390 ftMar 1988Dec 2022Yes
42-363338913054,384 ftDec 1987Nov 2022Yes
42-363338744074,298 ftOct 1987Nov 2022Yes
42-363338645024,412 ftOct 1987Dec 2022Yes
42-363338333044,413 ftJun 1987Dec 2016Yes
42-363337641014,314 ftDec 1986Dec 2022Yes
42-363337595014,450 ftOct 1986Dec 2022Yes

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 (368)

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

368 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 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201970062.632.75$4,384
Mar 201971056.803.06$4,033
Feb 2019164050.852.79$8,339
Jan 2019163046.033.23$7,503
Dec 2018147046.594.19$6,849
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201630041.622.92$1,249
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015174042.992.76$7,480
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201561056.152.88$3,425
May 2015161055.212.96$8,889
Apr 2015997049.822.71$49,671
Mar 2015669042.892.93$28,693
Feb 2015335044.662.98$14,961
Jan 2015290043.433.10$12,595
Dec 20140354.693.59$11
Nov 20140070.464.25$0
Oct 201495078.303.90$7,439
Sep 201439286.164.05$3,368
Aug 20140089.394.04$0
Jul 2014173096.564.18$16,705
Jun 20141891198.164.74$18,604
May 20142251694.734.73$21,390
Apr 20143403095.944.81$32,764
Mar 20143151695.895.06$30,286
Feb 2014712697.406.19$69,386
Jan 20143156990.404.86$28,811
Dec 20135032591.824.35$46,294
Nov 201334323888.853.74$31,365
Oct 201334223997.423.78$34,221
Sep 2013277145104.113.72$29,378
Aug 201336990104.253.52$38,785
Jul 2013325224102.523.72$34,152
Jun 201335420894.403.93$34,236
May 201328522694.834.15$27,964
Apr 201343725793.964.28$42,161
Mar 201349327693.623.91$47,235
Feb 201351422591.233.42$47,662
Jan 201351340991.603.42$48,390
Dec 201268136386.773.42$60,332
Nov 201250431086.953.62$44,947
Oct 201232717689.383.40$29,826
Sep 201249633094.672.92$47,919
Aug 201233936392.662.91$32,467
Jul 2012512085.133.02$43,587
Jun 20121683779.822.52$13,503
May 20125103991.612.49$46,818
Apr 2012515289101.652.00$52,927
Mar 2012689298105.052.22$73,042
Feb 2012684209101.102.57$69,690
Jan 201269514998.092.73$68,580
Dec 201151215296.873.24$50,090
Nov 20115254795.723.31$50,409
Oct 2011687084.983.65$58,381
Sep 2011336083.623.99$28,096
Aug 2011349083.404.15$29,107
Jul 2011673094.144.52$63,356
Jun 2011175092.904.64$16,258
May 2011167098.134.40$16,388
Apr 201127423105.964.33$29,133
Mar 201151021496.364.06$50,012
Feb 201117511585.644.18$15,468
Jan 20111776886.504.59$15,623
Dec 201034820485.734.35$30,721
Nov 201034121880.843.80$28,394
Oct 2010516078.103.51$40,300
Sep 20103395072.633.98$24,821
Aug 201034214673.684.42$25,844
Jul 201034525472.554.74$26,233
Jun 201051625770.364.91$37,568
May 201068121371.124.24$49,335
Apr 201033119181.694.12$27,827
Mar 201034121278.394.39$27,661
Feb 201069225573.585.44$52,305
Jan 2010041174.365.96$2,451
Dec 2009039671.445.48$2,172
Nov 2009026374.593.75$987
Oct 2009025772.544.11$1,056
Sep 200934525965.543.06$23,405
Aug 2009019167.423.22$615
Jul 200933913961.133.46$21,205
Jun 20093269466.163.90$21,934
May 200998444554.743.93$55,611
Apr 200968347146.773.59$33,634
Mar 200960419142.144.06$26,228
Feb 200953418332.814.63$18,368
Jan 20091,06440135.865.37$40,309
Dec 200851036337.105.98$21,091
Nov 200883249155.496.86$49,536
Oct 200869452175.246.92$55,823
Sep 2008503457101.767.88$54,785
Aug 2008135250114.228.48$17,540
Jul 2008528257131.0811.39$72,137
Jun 2008332166131.3313.03$45,765
May 2008442121123.1711.57$55,842
Apr 2008711633110.3110.45$85,048
Mar 2008896752101.909.66$98,570
Feb 200890058492.538.77$88,399
Jan 200816920290.388.21$16,932
Dec 20071741,47888.337.30$26,162
Nov 200771166491.677.29$70,019
Oct 200736228382.856.92$31,951
Sep 200772345875.846.24$57,692
Aug 200771285369.066.39$54,620
Jul 20077681,12070.906.39$61,606
Jun 200771922462.007.55$46,269
May 200788944758.747.85$55,727
Apr 200743075959.617.81$31,556
Mar 200754477056.927.30$36,587
Feb 20078991,04455.108.22$58,112
Jan 20079021,20550.306.73$53,476
Dec 20067141,04256.656.92$47,657
Nov 200669378454.207.62$43,533
Oct 200688096854.906.01$54,133
Sep 20067131,40860.085.04$49,929
Aug 20061,0801,57868.717.34$85,789
Jul 20067241,16869.376.34$57,632
Jun 200688299266.286.38$64,792
May 20061,0581,22766.016.42$77,722
Apr 200672728164.397.36$48,880
Mar 200690027256.707.08$52,957
Feb 200687923257.597.75$52,420
Jan 200684228060.598.93$53,518
Dec 200587029354.9413.42$51,729
Nov 200592439054.6910.59$54,663
Oct 200597658058.3413.80$64,941
Sep 200588632261.4512.08$58,334
Aug 20051,26285461.519.80$85,992
Jul 20057401,35155.697.84$51,807
Jun 20051,03692352.337.38$61,027
May 20051,0291,43345.226.65$56,062
Apr 20058631,52249.207.36$53,662
Mar 20051,2133,49550.377.15$86,105
Feb 20051,0893,30545.226.31$70,105
Jan 20051,2613,21543.166.32$74,751
Dec 20041,4441,09139.866.75$64,923
Nov 20041,40396045.286.33$69,605
Oct 20041,07860149.706.52$57,492
Sep 20041,06798743.245.28$51,352
Aug 20041,28065942.375.55$57,891
Jul 20041,06678038.286.08$45,552
Jun 20041,80278436.106.43$70,096
May 20041,0861,24537.486.49$48,789
Apr 20041,2591,61834.475.86$52,877
Mar 20041,6452,10634.365.53$68,169
Feb 20041,2552,24732.455.51$53,105
Jan 20041,36845232.036.30$46,664
Dec 20031,24631330.266.30$39,676
Nov 20031,03835928.804.60$31,544
Oct 20031,2391,15128.174.76$40,381
Sep 20031,6351,14626.314.75$48,460
Aug 20031,6161,28129.765.13$54,663
Jul 20031,9691,15429.415.17$63,875
Jun 20032241,22528.565.98$13,727
May 20031,93090126.595.97$56,700
Apr 20031,6211,11426.675.41$49,256
Mar 20031,8051,35331.146.10$64,456
Feb 20031,0891,09833.487.93$45,162
Jan 20031,2371,08730.315.58$43,561
Dec 20021,4831,30226.914.85$46,227
Nov 20021,58898124.664.14$43,218
Oct 20021,43392126.464.23$41,812
Sep 20021,64650827.443.64$47,013
Aug 20021,55149525.963.16$41,830
Jul 20021,57673424.583.06$40,985
Jun 20021,2511,04123.733.34$33,161
May 20021,7401,07324.663.58$46,754
Apr 20021,55893123.653.51$40,117
Mar 20022,1231,05822.003.10$49,989
Feb 20022,1061,00618.222.38$40,761
Jan 20021,7501,09517.172.38$32,649
Dec 20012,1231,09916.932.36$38,541
Nov 20012,3291,16318.072.41$44,883
Oct 20012,7081,05719.782.53$56,237
Sep 20013,2371,30624.262.25$81,470
Aug 20013,9841,45224.873.05$103,515
Jul 20014,7611,08123.933.20$117,387
Jun 20015,2611,22224.563.82$133,883
May 20017,0161,43725.524.31$185,238
Apr 20017,2381,20024.685.34$185,036
Mar 20013,1011,19124.545.38$82,502
Feb 20011,3131,22327.755.77$43,489
Jan 20011,0181,43127.478.40$39,983
Dec 20001,0321,26926.889.12$39,317
Nov 20007341,29332.215.66$30,958
Oct 200069666531.235.15$25,158
Sep 200036147531.875.19$13,969
Aug 20005311,59329.644.54$22,972
Jul 20005861,58628.534.09$23,205
Jun 20005991,53529.304.40$24,300
May 20007281,54927.263.68$25,545
Apr 20002361,27824.513.12$9,767
Mar 20004671,35028.422.86$17,133
Feb 20006721,13827.622.73$21,663
Jan 20005091,32525.272.48$16,149
Dec 19999121,19024.282.42$25,028
Nov 19995181,11323.192.43$14,721
Oct 19996511,78120.982.80$18,651
Sep 19995382,65121.752.62$18,644
Aug 19991443,65119.262.88$13,272
Jul 19993514,32617.892.37$16,542
Jun 19993685,61915.942.36$19,139
May 19995343,22615.792.32$15,919
Apr 19995112,04415.102.21$12,229
Mar 19998682,05012.471.84$14,593
Feb 19996551,9219.981.82$10,029
Jan 19995222,27810.381.90$9,746
Dec 19988192,4039.201.77$11,796
Nov 19983122,55210.892.19$8,976
Oct 19984722,69112.421.97$11,161
Sep 19984922,81712.592.08$12,061
Aug 19983453,08311.301.91$9,779
Jul 19984242,92411.742.24$11,520
Jun 19981822,84111.242.24$8,402
May 19982172,79612.622.21$8,907
Apr 19981702,78613.042.51$9,197
Mar 19981662,78112.802.31$8,547
Feb 19983182,45313.952.30$10,076
Jan 199802,51214.702.15$5,413
Dec 19971722,74016.322.41$9,413
Nov 19971682,74218.193.09$11,524
Oct 19976422,94819.253.15$21,644
Sep 19974573,10117.742.95$17,270
Aug 199703,07017.862.55$7,843
Jul 19973202,87317.582.25$12,081
Jun 19971093,38817.242.26$9,527
May 19974203,56218.972.31$16,190
Apr 19971683,80517.882.08$10,929
Mar 19973913,90818.951.94$14,988
Feb 199703,46220.492.21$7,637
Jan 19974043,69723.483.54$22,572
Dec 19964843,80623.32$11,287
Nov 19961494,10021.97$3,274
Oct 19962644,44523.31$6,154
Sep 19961763,92622.22$3,911
Aug 19961603,45120.26$3,242
Jul 19963083,73419.55$6,021
Jun 19961533,34418.73$2,866
May 19963114,28619.43$6,043
Apr 19965683,82121.51$12,218
Mar 19963213,67419.38$6,221
Feb 19963653,23116.98$6,198
Jan 19963063,76217.07$5,223
Dec 19954173,70017.19$7,168
Nov 19951063,65016.00$1,696
Oct 199504,47815.43$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.

Apr 2019 — as filed, then multipliedworked
Oil                   70 bbl  × $ 62.63 =     $4,384
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                   $4,384

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/27652 is the state's own key, not one this site invented.