MV '32'

Operated by SOUTHLAKE EXPLORATION, INC. (P-5 805550) in the CORSICA (BEND CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31706District 7BField 20803250OilCasinghead gasSaveExport
Value, all time
$769 k
Apr 2014 – May 2026
Value, last 12 filed months
$27 k
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 42 leases and 124 wells, and the rule below applies to all of them.

Discovered
1953-06-04
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2014-09-16.

The Commission's schedule remark for this field reads: PER DOCKET #7B-0289290, EFFECTIVE DATE 9/16/14.

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
OilDisposition12,249 bbl$768,804
Casinghead gasProduction87 Mcf$256
Total$769,061

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 33.0166, -99.1503. A lease has no coordinate of its own — that point is the mean of its wells, and they span 104.0 miles, so treat it as the lease's centre and not as its location.

33.01660, -99.15033 · 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
5,558 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
150.0%
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.
150.0%

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 5,082 and 6,034 ft, median 5,558 ft, over the 2 wells that filed a depth.

Completions filed
May 2010 – Apr 2014
2 of 2 wells

2 wells

42-4333392216,034 ftApr 2014
42-3633531315,082 ftMay 2010Yes

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 2025166058.593.93$9,726
Oct 20250059.383.30$0
Sep 2025180062.743.08$11,293
Aug 20250063.933.01$0
Jul 202588066.743.32$5,873
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025180067.704.27$12,186
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024174068.993.12$12,004
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 2024182069.612.36$12,669
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024183078.082.63$14,289
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024173076.091.78$13,164
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023179077.892.81$13,942
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023172080.522.67$13,849
Jul 20230074.852.64$0
Jun 2023181068.962.26$12,482
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023168072.852.39$12,239
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022176076.415.73$13,448
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022182084.888.16$15,448
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221600115.097.98$18,414
May 202200109.378.43$0
Apr 20221760104.226.84$18,343
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022182081.844.54$14,895
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021181079.795.71$14,442
Sep 202159069.865.35$4,122
Aug 202128066.024.22$1,849
Jul 202189070.783.98$6,299
Jun 20210169.493.38$3
May 2021177163.483.02$11,239
Apr 20210160.362.76$3
Mar 2021184161.302.72$11,282
Feb 20210157.805.55$6
Jan 20210150.412.81$3
Dec 2020180144.642.68$8,038
Nov 20200138.772.71$3
Oct 20200136.972.48$2
Sep 202096137.091.99$3,563
Aug 2020179139.982.39$7,159
Jul 20200138.371.83$2
Jun 2020176134.901.69$6,144
May 20200116.921.81$2
Apr 20200114.751.80$2
Mar 2020279130.341.86$8,467
Feb 20200149.881.98$2
Jan 20200157.252.09$2
Dec 201960159.012.30$3,543
Nov 201980155.302.75$4,427
Oct 2019104153.472.42$5,563
Sep 20190155.052.66$3
Aug 2019178153.112.30$9,456
Jul 20190156.272.46$2
Jun 2019171152.782.49$9,028
May 20190158.482.74$3
Apr 2019172162.632.75$10,775
Mar 20190156.803.06$3
Feb 2019164150.852.79$8,342
Jan 20190146.033.23$3
Dec 2018181146.594.19$8,437
Nov 20180152.934.24$4
Oct 2018180161.443.40$11,063
Sep 20180159.543.11$3
Aug 20180159.403.07$3
Jul 2018142165.142.93$9,253
Jun 20180160.183.08$3
May 2018166165.382.90$10,856
Apr 20180163.842.90$3
Mar 2018166161.222.79$10,165
Feb 20180161.782.77$3
Jan 2018181162.874.01$11,383
Dec 20170157.272.92$3
Nov 2017175155.423.12$9,702
Oct 20170149.292.98$3
Sep 2017171147.523.09$8,129
Aug 20170145.373.00$3
Jul 2017173143.873.09$7,593
Jun 20170142.493.09$3
May 2017181145.373.26$8,215
Apr 20170147.933.21$3
Mar 2017171146.772.98$8,001
Feb 20170150.452.95$3
Jan 2017172149.413.42$8,502
Dec 2016182148.763.72$8,878
Nov 20160142.492.64$3
Oct 2016184146.193.09$8,502
Sep 20160141.553.10$3
Aug 2016171141.442.92$7,089
Jul 20160141.622.92$3
Jun 2016184145.352.69$8,347
May 2016177142.521.99$7,528
Apr 20160136.561.99$2
Mar 2016185133.011.79$6,109
Feb 2016174126.472.06$4,608
Jan 20160127.352.36$2
Dec 20150132.362.00$2
Nov 2015180138.792.17$6,984
Oct 2015179143.552.43$7,798
Sep 20150142.992.76$3
Aug 2015188140.162.87$7,553
Jul 20150148.152.95$3
Jun 2015184156.152.88$10,334
May 2015178155.212.96$9,830
Apr 20150149.822.71$3
Mar 2015368142.892.93$15,786
Feb 20150144.662.98$3
Jan 2015186143.433.10$8,081
Dec 20140154.693.59$4
Nov 2014186170.464.25$13,110
Oct 2014180178.303.90$14,098
Sep 2014185186.164.05$15,944
Aug 2014181189.394.04$16,184
Jul 2014359196.564.18$34,669
Jun 2014178198.164.74$17,477
May 2014377194.734.73$35,718
Apr 2014365195.944.81$35,023

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                  166 bbl  × $ 58.59 =     $9,726
Casinghead gas         0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                   $9,726

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/31706 is the state's own key, not one this site invented.