ORAN 450

Operated by LEXGAS, INC. (P-5 500222) in the BURNS-DALTON(MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31534District 7BField 13764500OilCasinghead gasSaveExport
Value, all time
$2.3 M
Apr 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
146
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 109 leases and 128 wells, and the rule below applies to all of them.

Discovered
1969-09-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2015-07-14.

The Commission's schedule remark for this field reads: DKT 7B-0296161, JULY 14, 2015. CORRELATIVE INTERVAL 4342-4534

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
OilDisposition14,076 bbl$1,029,326
Casinghead gasProduction376,914 Mcf$1,258,370
Total$2,287,696

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 32.9311, -98.1731. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.93112, -98.17311 · 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
5,080 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 5,080 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-3633619215,080 ftApr 2014

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 (146)

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

146 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 2025034974.324.28$1,493
Dec 2024030668.993.12$955
Nov 2024090969.052.20$1,998
Oct 2024061671.372.28$1,405
Sep 20246919069.612.36$5,252
Aug 2024045475.632.06$937
Jul 2024044079.932.15$945
Jun 2024010078.082.63$263
May 2024065178.812.20$1,431
Apr 2024059384.451.66$984
Mar 20247169380.301.55$6,772
Feb 2024016276.091.78$289
Jan 2024032573.023.30$1,072
Dec 2023070871.262.61$1,848
Nov 2023067377.892.81$1,889
Oct 2023034685.443.09$1,068
Sep 2023026989.042.74$736
Aug 2023061980.522.67$1,655
Jul 20239660074.852.64$8,771
Jun 2023098568.962.26$2,225
May 202301,22670.622.23$2,731
Apr 2023028378.122.24$633
Mar 2023058772.852.39$1,405
Feb 2023054275.112.47$1,336
Jan 20234483276.533.39$6,186
Dec 2022073076.415.73$4,182
Nov 2022024285.005.65$1,366
Oct 20226434687.185.86$7,608
Sep 2022034284.888.16$2,792
Aug 2022089394.529.13$8,151
Jul 202288946101.587.54$16,074
Jun 20220552115.097.98$4,403
May 2022118902109.378.43$20,512
Apr 20220829104.226.84$5,668
Mar 2022931,455108.885.08$17,512
Feb 20229089791.054.86$12,553
Jan 202201,10081.844.54$4,991
Dec 2021941,20071.323.90$11,383
Nov 202101,23077.435.24$6,441
Oct 20211181,17079.795.71$16,100
Sep 2021093969.865.35$5,025
Aug 202110490066.024.22$10,665
Jul 2021010070.783.98$398
Jun 2021010069.493.38$338
May 2021065263.483.02$1,968
Apr 2021040060.362.76$1,103
Mar 2021861,13961.302.72$8,366
Feb 20210057.805.55$0
Jan 2021040650.412.81$1,141
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 2020019314.751.80$348
Mar 20200030.341.86$0
Feb 2020015949.881.98$315
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019174353.472.42$1,850
Sep 201901,28655.052.66$3,417
Aug 201901,39753.112.30$3,219
Jul 20191691,71056.272.46$13,716
Jun 201961,88052.782.49$5,000
May 201932,11658.482.74$5,974
Apr 2019111,84162.632.75$5,753
Mar 201932,06256.803.06$6,484
Feb 201932,22950.852.79$6,376
Jan 201902,76446.033.23$8,923
Dec 20181652,80446.594.19$19,423
Nov 201813,56252.934.24$15,146
Oct 2018363,59061.443.40$14,411
Sep 20181694,31159.543.11$23,461
Aug 201804,11959.403.07$12,631
Jul 20181713,94065.142.93$22,691
Jun 201833,32960.183.08$10,424
May 201801,62865.382.90$4,723
Apr 201802,84763.842.90$8,259
Mar 20181673,17461.222.79$19,069
Feb 201822,49361.782.77$7,020
Jan 201822,05462.874.01$8,361
Dec 201702,84657.272.92$8,315
Nov 20171502,95555.423.12$17,528
Oct 201712,97949.292.98$8,938
Sep 201722,76847.523.09$8,641
Aug 20171773,09045.373.00$17,314
Jul 201743,24743.873.09$10,200
Jun 201753,33342.493.09$10,502
May 2017133,63545.373.26$12,452
Apr 201703,25047.933.21$10,438
Mar 20171723,44046.772.98$18,308
Feb 201713,28150.452.95$9,738
Jan 201703,99749.413.42$13,665
Dec 20161783,69148.763.72$22,420
Nov 201623,86342.492.64$10,300
Oct 201624,40246.193.09$13,696
Sep 20161824,51541.553.10$21,561
Aug 201675,59341.442.92$16,646
Jul 20161684,93941.622.92$21,435
Jun 201614,86845.352.69$13,120
May 20162155,44342.521.99$19,979
Apr 201625,18436.561.99$10,395
Mar 20161765,72333.011.79$16,077
Feb 201664,83026.472.06$10,126
Jan 20161716,15127.352.36$19,220
Dec 20151675,45732.362.00$16,326
Nov 201545,96938.792.17$13,092
Oct 20151765,89043.552.43$21,957
Sep 20151706,40542.992.76$24,976
Aug 20151737,50940.162.87$28,517
Jul 20153258,35448.152.95$40,252
Jun 201578,01856.152.88$23,508
May 20153518,90555.212.96$45,697
Apr 201550810,58449.822.71$53,955
Mar 201534511,24842.892.93$47,807
Feb 201534210,28544.662.98$45,884
Jan 20153497,60043.433.10$38,722
Dec 20143586,28554.693.59$42,151
Nov 20145106,89770.464.25$65,260
Oct 20143497,01578.303.90$54,692
Sep 20141828,47886.164.05$49,978
Aug 201452311,04989.394.04$91,335
Jul 20141,00211,48696.564.18$144,760
Jun 20141,17312,71798.164.74$175,381
May 20142,19513,08994.734.73$269,798
Apr 20141,18518,49295.944.81$202,619

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.

Jan 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 74.32 =         $0
Casinghead gas       349 Mcf  × $  4.28 =     $1,493

────────────────────────────────────────────────────
Month total                                   $1,493

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/31534 is the state's own key, not one this site invented.