TOWNSEND

Operated by GWET, INC. (P-5 339675) in the MURPHREE field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31397District 7BField 63897001OilSaveExport
Value, all time
$882 k
Sep 2013 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
153
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 6 leases and 8 wells, and the rule below applies to all of them.

Discovered
1946-05-10
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
OilDisposition13,975 bbl$881,786
Total$881,786

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 32.3996, -99.9964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39959, -99.99641 · 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
2,942 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 2,942 ft.

Completions filed
Sep 2013
1 of 1 wells

1 well

42-441344431A2,942 ftSep 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 (153)

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

153 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 202615489.753.15$13,822
Feb 2026063.503.75$0
Jan 202613359.138.00$7,864
Dec 202515956.664.41$9,009
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 202515962.363.54$9,915
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 202513674.324.28$10,108
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 202416271.372.28$11,562
Sep 2024069.612.36$0
Aug 202415575.632.06$11,723
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 202415878.812.20$12,452
Apr 2024084.451.66$0
Mar 202417480.301.55$13,972
Feb 2024076.091.78$0
Jan 202416573.023.30$12,048
Dec 2023071.262.61$0
Nov 202317377.892.81$13,475
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 202315080.522.67$12,078
Jul 202315474.852.64$11,527
Jun 2023068.962.26$0
May 202315870.622.23$11,158
Apr 2023078.122.24$0
Mar 202315872.852.39$11,510
Feb 2023075.112.47$0
Jan 202317276.533.39$13,163
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 202216387.185.86$14,210
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 2022102101.587.54$10,361
Jun 2022106115.097.98$12,200
May 2022165109.378.43$18,046
Apr 20220104.226.84$0
Mar 2022148108.885.08$16,114
Feb 202215791.054.86$14,295
Jan 2022081.844.54$0
Dec 202116271.323.90$11,554
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 202116169.865.35$11,247
Aug 202115066.024.22$9,903
Jul 202111170.783.98$7,857
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 202114060.362.76$8,450
Mar 2021061.302.72$0
Feb 202116857.805.55$9,710
Jan 2021050.412.81$0
Dec 202015244.642.68$6,785
Nov 202015538.772.71$6,009
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 202015939.982.39$6,357
Jul 202016838.371.83$6,446
Jun 202017434.901.69$6,073
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 202015230.341.86$4,612
Feb 2020049.881.98$0
Jan 202013457.252.09$7,672
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019755.052.66$385
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 20198756.803.06$4,942
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
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 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 20166641.442.92$2,735
Jul 2016041.622.92$0
Jun 201632445.352.69$14,693
May 201648142.521.99$20,452
Apr 2016036.561.99$0
Mar 201637333.011.79$12,313
Feb 2016026.472.06$0
Jan 201614927.352.36$4,075
Dec 201533332.362.00$10,776
Nov 2015038.792.17$0
Oct 201533143.552.43$14,415
Sep 201532742.992.76$14,058
Aug 201560440.162.87$24,257
Jul 201530148.152.95$14,493
Jun 201533856.152.88$18,979
May 201579355.212.96$43,782
Apr 20151,30849.822.71$65,165
Mar 201516942.892.93$7,248
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 201411354.693.59$6,180
Nov 201430970.464.25$21,772
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 201414189.394.04$12,604
Jul 201415796.564.18$15,160
Jun 2014098.164.74$0
May 201427294.734.73$25,767
Apr 201416295.944.81$15,542
Mar 201416095.895.06$15,342
Feb 201431697.406.19$30,778
Jan 201430590.404.86$27,572
Dec 201314591.824.35$13,314
Nov 201329988.853.74$26,566
Oct 201325897.423.78$25,134
Sep 20130104.113.72$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.

Mar 2026 — as filed, then multipliedworked
Oil                  154 bbl  × $ 89.75 =    $13,822

────────────────────────────────────────────────────
Month total                                  $13,822

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/31397 is the state's own key, not one this site invented.