LOWE

Operated by G & F OIL, INC. (P-5 292000) in the PICKWICK (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31265District 7BField 71370400OilCasinghead gasSaveExport
Value, all time
$153 k
Mar 2013 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
159
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 43 leases and 54 wells, and the rule below applies to all of them.

Discovered
1978-11-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-06-01.

The Commission's schedule remark for this field reads: WES-MOR DRILLING, INC.

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
OilDisposition130 bbl$5,394
Casinghead gasProduction42,054 Mcf$147,847
Total$153,241

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 32.9465, -98.3892. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.94653, -98.38921 · 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
4,821 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 4,821 ft.

Completions filed
Mar 2013
1 of 1 wells

1 well

42-3633610774,821 ftMar 2013

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 (159)

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

159 months

May 202600106.413.05$0
Apr 2026021098.932.87$603
Mar 2026021089.753.15$661
Feb 2026026863.503.75$1,005
Jan 2026024059.138.00$1,920
Dec 20250056.664.41$0
Nov 2025024058.593.93$942
Oct 2025024059.383.30$793
Sep 2025019862.743.08$609
Aug 2025018663.933.01$561
Jul 2025020066.743.32$663
Jun 2025021066.483.13$657
May 2025022060.553.23$711
Apr 2025023962.363.54$847
Mar 2025022967.704.27$977
Feb 2025020270.884.34$877
Jan 2025025074.324.28$1,070
Dec 2024030068.993.12$936
Nov 2024028569.052.20$627
Oct 2024032071.372.28$730
Sep 2024029469.612.36$695
Aug 2024031075.632.06$640
Jul 2024031079.932.15$665
Jun 2024030078.082.63$790
May 2024031078.812.20$682
Apr 2024031084.451.66$514
Mar 2024032080.301.55$494
Feb 2024029876.091.78$532
Jan 2024034073.023.30$1,121
Dec 2023035671.262.61$929
Nov 2023033077.892.81$926
Oct 2023052085.443.09$1,605
Sep 2023054089.042.74$1,477
Aug 2023058080.522.67$1,550
Jul 2023058974.852.64$1,556
Jun 2023059068.962.26$1,333
May 2023060070.622.23$1,336
Apr 2023059078.122.24$1,320
Mar 2023060072.852.39$1,436
Feb 2023058075.112.47$1,430
Jan 2023060276.533.39$2,039
Dec 2022061076.415.73$3,495
Nov 2022066085.005.65$3,726
Oct 2022044487.185.86$2,604
Sep 2022021784.888.16$1,772
Aug 2022077094.529.13$7,028
Jul 20220121101.587.54$913
Jun 20220210115.097.98$1,675
May 20220232109.378.43$1,956
Apr 20220210104.226.84$1,436
Mar 20220226108.885.08$1,147
Feb 2022022491.054.86$1,088
Jan 2022020981.844.54$948
Dec 2021024071.323.90$936
Nov 2021027077.435.24$1,414
Oct 2021021079.795.71$1,200
Sep 2021024069.865.35$1,284
Aug 2021027966.024.22$1,178
Jul 2021024570.783.98$976
Jun 2021024069.493.38$811
May 2021027963.483.02$842
Apr 2021027060.362.76$745
Mar 2021024061.302.72$652
Feb 2021020157.805.55$1,115
Jan 2021030050.412.81$843
Dec 2020030044.642.68$803
Nov 2020030038.772.71$812
Oct 2020027036.972.48$669
Sep 2020034537.091.99$687
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 2020012030.341.86$223
Feb 2020012349.881.98$244
Jan 2020015057.252.09$314
Dec 2019021059.012.30$484
Nov 2019020555.302.75$564
Oct 2019015053.472.42$363
Sep 2019015055.052.66$399
Aug 2019015053.112.30$346
Jul 2019015556.272.46$381
Jun 2019015052.782.49$374
May 2019015558.482.74$425
Apr 2019015562.632.75$426
Mar 2019018656.803.06$570
Feb 2019021050.852.79$586
Jan 2019018646.033.23$600
Dec 20180046.594.19$0
Nov 2018016052.934.24$678
Oct 2018040361.443.40$1,369
Sep 2018069559.543.11$2,160
Aug 2018033059.403.07$1,012
Jul 2018012065.142.93$352
Jun 2018015060.183.08$462
May 2018015565.382.90$450
Apr 2018012063.842.90$348
Mar 2018015061.222.79$418
Feb 2018016861.782.77$465
Jan 2018018662.874.01$746
Dec 2017018657.272.92$543
Nov 2017022055.423.12$686
Oct 2017024849.292.98$740
Sep 2017022147.523.09$682
Aug 2017018845.373.00$565
Jul 2017021743.873.09$670
Jun 2017020542.493.09$633
May 2017023245.373.26$757
Apr 2017027847.933.21$893
Mar 2017025546.772.98$761
Feb 2017024950.452.95$735
Jan 2017030149.413.42$1,029
Dec 2016025648.763.72$953
Nov 2016023342.492.64$616
Oct 2016028046.193.09$865
Sep 20166528041.553.10$3,569
Aug 20166528241.442.92$3,518
Jul 2016028241.622.92$825
Jun 2016027445.352.69$736
May 2016014442.521.99$287
Apr 2016016036.561.99$319
Mar 2016029233.011.79$524
Feb 2016024026.472.06$495
Jan 2016026827.352.36$634
Dec 2015019632.362.00$392
Nov 2015022238.792.17$481
Oct 2015019143.552.43$463
Sep 2015017742.992.76$488
Aug 2015019840.162.87$569
Jul 2015025648.152.95$754
Jun 2015013356.152.88$383
May 2015023755.212.96$700
Apr 2015015249.822.71$411
Mar 2015022542.892.93$660
Feb 2015021244.662.98$631
Jan 2015021843.433.10$676
Dec 2014020854.693.59$747
Nov 2014032470.464.25$1,378
Oct 2014020978.303.90$815
Sep 2014021986.164.05$886
Aug 2014037889.394.04$1,525
Jul 2014034496.564.18$1,438
Jun 2014017998.164.74$848
May 2014018494.734.73$870
Apr 2014020595.944.81$986
Mar 2014024295.895.06$1,224
Feb 2014021897.406.19$1,350
Jan 2014054690.404.86$2,654
Dec 2013022791.824.35$988
Nov 2013021788.853.74$811
Oct 2013042597.423.78$1,606
Sep 20130432104.113.72$1,606
Aug 20130269104.253.52$948
Jul 20130591102.523.72$2,197
Jun 2013078094.403.93$3,068
May 2013022094.834.15$913
Apr 2013045993.964.28$1,966
Mar 20130093.623.91$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 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas       210 Mcf  × $  2.87 =       $603

────────────────────────────────────────────────────
Month total                                     $603

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/31265 is the state's own key, not one this site invented.