LEDBETTER

Operated by WEAVER GLOBAL OPERATING, LLC (P-5 903520) in the DYESS (FRY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31553District 7BField 26892498OilSaveExport
Value, all time
$335 k
May 2014 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
145
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 16 leases and 27 wells, and the rule below applies to all of them.

Discovered
1959-05-08
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 20 acres.

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
OilDisposition5,522 bbl$335,444
Total$335,444

Wells on this lease (2)

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 32.2889, -99.9351. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.28891, -99.93508 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
5,092 ft
2 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.
2100.0%

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 4,900 and 5,283 ft, median 5,092 ft, over the 2 wells that filed a depth.

Completions filed
Aug 2013 – May 2014
2 of 2 wells

2 wells

42-4410075825,283 ftMay 2014
42-4413443334,900 ftAug 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 (145)

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

145 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 20255058.593.93$2,930
Oct 2025059.383.30$0
Sep 20256062.743.08$3,764
Aug 2025063.933.01$0
Jul 202514166.743.32$9,410
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 202516974.324.28$12,560
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 202415479.932.15$12,309
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 202417276.091.78$13,087
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 202316089.042.74$14,246
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 202316178.122.24$12,577
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 20225376.415.73$4,050
Nov 202214685.005.65$12,410
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 20229794.529.13$9,168
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 2022158108.885.08$17,203
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 202115777.435.24$12,157
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 202117069.493.38$11,813
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 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 201911655.052.66$6,386
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 201915962.632.75$9,958
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 201816146.594.19$7,501
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 20181959.403.07$1,129
Jul 20189765.142.93$6,319
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 201814263.842.90$9,065
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 201816062.874.01$10,059
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 201710745.373.00$4,855
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 20177145.373.26$3,221
Apr 2017047.933.21$0
Mar 201715146.772.98$7,062
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 20168542.492.64$3,612
Oct 201616446.193.09$7,575
Sep 2016041.553.10$0
Aug 201615741.442.92$6,506
Jul 2016041.622.92$0
Jun 201617245.352.69$7,800
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 201615533.011.79$5,117
Feb 2016026.472.06$0
Jan 201616327.352.36$4,458
Dec 201515532.362.00$5,016
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 201516142.992.76$6,921
Aug 2015040.162.87$0
Jul 201516548.152.95$7,945
Jun 2015056.152.88$0
May 201515555.212.96$8,558
Apr 201515649.822.71$7,772
Mar 2015042.892.93$0
Feb 201515444.662.98$6,878
Jan 201516343.433.10$7,079
Dec 201419054.693.59$10,391
Nov 2014070.464.25$0
Oct 20147878.303.90$6,107
Sep 2014086.164.05$0
Aug 20148189.394.04$7,241
Jul 20144996.564.18$4,731
Jun 20144798.164.74$4,614
May 20144194.734.73$3,884

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.

Nov 2025 — as filed, then multipliedworked
Oil                   50 bbl  × $ 58.59 =     $2,930

────────────────────────────────────────────────────
Month total                                   $2,930

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/31553 is the state's own key, not one this site invented.