GARY ACKERS

Operated by LAWRENCE ENERGY COMPANY (P-5 490209) in the WE HOPE (1795) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32301District 7BField 95560500OilSaveExport
Value, all time
$389 k
Dec 2018 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
90
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 2 leases and 6 wells, and the rule below applies to all of them.

Discovered
1976-09-12
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
OilDisposition5,838 bbl$389,225
Total$389,225

Wells on this lease (4)

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 32.6947, -99.5276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.69477, -99.52760 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
1,965 ft
4 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.
4100.0%

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 1,963 and 1,990 ft, median 1,965 ft, over the 4 wells that filed a depth.

Completions filed
Dec 2018
4 of 4 wells

4 wells

42-417396594A1,963 ftDec 2018
42-417396523A1,964 ftDec 2018
42-417396422A1,965 ftDec 2018
42-417396321A1,990 ftDec 2018

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 (90)

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

90 months

May 20260106.413.05$0
Apr 202613998.932.87$13,751
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 202511856.664.41$6,686
Nov 2025058.593.93$0
Oct 202512859.383.30$7,601
Sep 2025062.743.08$0
Aug 202513763.933.01$8,758
Jul 202512466.743.32$8,276
Jun 202512466.483.13$8,244
May 20259660.553.23$5,813
Apr 202515162.363.54$9,416
Mar 202515167.704.27$10,223
Feb 2025070.884.34$0
Jan 202511774.324.28$8,695
Dec 202411468.993.12$7,865
Nov 2024069.052.20$0
Oct 202410171.372.28$7,208
Sep 202414969.612.36$10,372
Aug 202412775.632.06$9,605
Jul 2024079.932.15$0
Jun 202413678.082.63$10,619
May 202413978.812.20$10,955
Apr 202414684.451.66$12,330
Mar 202421280.301.55$17,024
Feb 2024076.091.78$0
Jan 202410573.023.30$7,667
Dec 202327771.262.61$19,739
Nov 202315677.892.81$12,151
Oct 2023085.443.09$0
Sep 202315189.042.74$13,445
Aug 202315280.522.67$12,239
Jul 2023074.852.64$0
Jun 202314968.962.26$10,275
May 202315570.622.23$10,946
Apr 202347778.122.24$37,263
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 20217450.412.81$3,730
Dec 20207944.642.68$3,527
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 20208138.371.83$3,108
Jun 202016534.901.69$5,759
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 20208030.341.86$2,427
Feb 2020049.881.98$0
Jan 202024357.252.09$13,912
Dec 20198359.012.30$4,898
Nov 20198255.302.75$4,535
Oct 2019053.472.42$0
Sep 20197355.052.66$4,019
Aug 2019053.112.30$0
Jul 20198056.272.46$4,502
Jun 20198052.782.49$4,222
May 20198758.482.74$5,088
Apr 201924462.632.75$15,282
Mar 2019056.803.06$0
Feb 201912050.852.79$6,102
Jan 20197946.033.23$3,636
Dec 201815746.594.19$7,315

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                  139 bbl  × $ 98.93 =    $13,751

────────────────────────────────────────────────────
Month total                                  $13,751

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/32301 is the state's own key, not one this site invented.