AIRPORT

Operated by BULLET DEVELOPMENT, LLC (P-5 106513) in the TAYLOR COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31157District 7BField 88520001OilSaveExport
Value, all time
$1.7 M
Sep 2012 – May 2026
Value, last 12 filed months
$114 k
at the published price for each month
Months reported
165
no gaps in the span
Streams
1
oil

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 717 leases and 1,491 wells, and the rule below applies to all of them.

Discovered
1929-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition26,152 bbl$1,704,641
Total$1,704,641

Wells on this lease (5)

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 32.3886, -99.6693. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.38867, -99.66878 · 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
1,852 ft
5 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.
5100.0%

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 1,742 and 3,335 ft, median 1,852 ft, over the 5 wells that filed a depth.

Completions filed
Oct 2012 – Nov 2014
5 of 5 wells

5 wells

42-4413448351,873 ftNov 2014
42-4413447741,852 ftJul 2014
42-4413447531,810 ftJul 2014
42-4413437923,335 ftDec 2013
42-4413437711,742 ftOct 2012

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 (165)

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

165 months

May 2026166106.413.05$17,664
Apr 202618198.932.87$17,906
Mar 2026089.753.15$0
Feb 202616463.503.75$10,414
Jan 202616959.138.00$9,993
Dec 202517156.664.41$9,689
Nov 202517358.593.93$10,136
Oct 2025059.383.30$0
Sep 202516862.743.08$10,540
Aug 20259363.933.01$5,945
Jul 202516166.743.32$10,745
Jun 202516166.483.13$10,703
May 202517160.553.23$10,354
Apr 202517862.363.54$11,100
Mar 202516967.704.27$11,441
Feb 202517170.884.34$12,120
Jan 202518074.324.28$13,378
Dec 2024068.993.12$0
Nov 202418169.052.20$12,498
Oct 202416971.372.28$12,062
Sep 202417469.612.36$12,112
Aug 202416675.632.06$12,555
Jul 202416679.932.15$13,268
Jun 202416278.082.63$12,649
May 202416778.812.20$13,161
Apr 202417784.451.66$14,948
Mar 202416880.301.55$13,490
Feb 202416176.091.78$12,250
Jan 202418073.023.30$13,144
Dec 202316671.262.61$11,829
Nov 202317877.892.81$13,864
Oct 202317685.443.09$15,037
Sep 202317789.042.74$15,760
Aug 202318180.522.67$14,574
Jul 2023074.852.64$0
Jun 202334068.962.26$23,446
May 2023070.622.23$0
Apr 202317878.122.24$13,905
Mar 202316972.852.39$12,312
Feb 202317075.112.47$12,769
Jan 2023076.533.39$0
Dec 202215576.415.73$11,844
Nov 202234885.005.65$29,580
Oct 20225687.185.86$4,882
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 202017157.252.09$9,790
Dec 201917659.012.30$10,386
Nov 201916855.302.75$9,290
Oct 2019053.472.42$0
Sep 201914155.052.66$7,762
Aug 201916653.112.30$8,816
Jul 201916756.272.46$9,397
Jun 2019052.782.49$0
May 201916758.482.74$9,766
Apr 201917062.632.75$10,647
Mar 2019056.803.06$0
Feb 201917050.852.79$8,645
Jan 2019046.033.23$0
Dec 201816346.594.19$7,594
Nov 201817352.934.24$9,157
Oct 201816961.443.40$10,383
Sep 201834259.543.11$20,363
Aug 201816559.403.07$9,801
Jul 201816765.142.93$10,878
Jun 201816560.183.08$9,930
May 201832865.382.90$21,445
Apr 201833763.842.90$21,514
Mar 201816461.222.79$10,040
Feb 201832761.782.77$20,202
Jan 201816862.874.01$10,562
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 201733443.873.09$14,653
Jun 201734442.493.09$14,617
May 201732345.373.26$14,655
Apr 201733247.933.21$15,913
Mar 201733546.772.98$15,668
Feb 201716850.452.95$8,476
Jan 201733549.413.42$16,552
Dec 201634348.763.72$16,725
Nov 201634142.492.64$14,489
Oct 201633046.193.09$15,243
Sep 201650341.553.10$20,900
Aug 201616241.442.92$6,713
Jul 201616541.622.92$6,867
Jun 201633545.352.69$15,192
May 201632942.521.99$13,989
Apr 201633636.561.99$12,284
Mar 2016033.011.79$0
Feb 201617026.472.06$4,500
Jan 201634327.352.36$9,381
Dec 201516932.362.00$5,469
Nov 201533238.792.17$12,878
Oct 201533143.552.43$14,415
Sep 201516642.992.76$7,136
Aug 2015040.162.87$0
Jul 201527848.152.95$13,386
Jun 2015056.152.88$0
May 201549355.212.96$27,219
Apr 201517149.822.71$8,519
Mar 201532242.892.93$13,811
Feb 201515944.662.98$7,101
Jan 201547443.433.10$20,586
Dec 201450354.693.59$27,509
Nov 201449970.464.25$35,160
Oct 201466778.303.90$52,226
Sep 201465986.164.05$56,779
Aug 20141,16789.394.04$104,318
Jul 201449396.564.18$47,604
Jun 201432598.164.74$31,902
May 201416594.734.73$15,630
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 201432890.404.86$29,651
Dec 201316591.824.35$15,150
Nov 2013088.853.74$0
Oct 201316697.423.78$16,172
Sep 20130104.113.72$0
Aug 2013167104.253.52$17,410
Jul 20130102.523.72$0
Jun 201316894.403.93$15,859
May 201315294.834.15$14,414
Apr 2013093.964.28$0
Mar 201315593.623.91$14,511
Feb 201316391.233.42$14,870
Jan 201316391.603.42$14,931
Dec 201216686.773.42$14,404
Nov 201233986.953.62$29,476
Oct 201215889.383.40$14,122
Sep 201215694.672.92$14,769

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                  166 bbl  × $106.41 =    $17,664

────────────────────────────────────────────────────
Month total                                  $17,664

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/31157 is the state's own key, not one this site invented.