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Operated by LAINCO, INC. (P-5 482345) in the COFFIN (STRAWN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32439District 7BField 19318666OilCasinghead gasSaveExport
Value, all time
$834 k
Feb 2020 – May 2026
Value, last 12 filed months
$67 k
at the published price for each month
Months reported
76
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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered
1956-05-03
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
OilDisposition13,442 bbl$798,604
Casinghead gasProduction8,656 Mcf$35,095
Total$833,699

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 32.9227, -100.1637. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.92272, -100.16365 · 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
5,550 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 5,550 ft.

Completions filed
Feb 2020
1 of 1 wells

1 well

42-1513313815,550 ftFeb 2020

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 (76)

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

76 months

May 202600106.413.05$0
Apr 202617714698.932.87$17,930
Mar 2026014489.753.15$454
Feb 20261817063.503.75$11,756
Jan 202604059.138.00$320
Dec 202505256.664.41$229
Nov 20251799458.593.93$10,857
Oct 202509659.383.30$317
Sep 20251838862.743.08$11,752
Aug 2025012663.933.01$380
Jul 2025016366.743.32$540
Jun 202518417066.483.13$12,764
May 2025017960.553.23$579
Apr 2025010062.363.54$354
Mar 202506767.704.27$286
Feb 202518013670.884.34$13,349
Jan 2025015474.324.28$659
Dec 202417616868.993.12$12,667
Nov 2024015769.052.20$345
Oct 202417215671.372.28$12,632
Sep 20240069.612.36$0
Aug 202417811875.632.06$13,706
Jul 2024016379.932.15$350
Jun 202407278.082.63$190
May 20241832078.812.20$14,466
Apr 20240084.451.66$0
Mar 2024181080.301.55$14,534
Feb 20240076.091.78$0
Jan 20241844573.023.30$13,584
Dec 202302371.262.61$60
Nov 20231804677.892.81$14,149
Oct 2023019385.443.09$596
Sep 202317317489.042.74$15,880
Aug 2023025480.522.67$679
Jul 202319019374.852.64$14,731
Jun 2023018268.962.26$411
May 202318919370.622.23$13,777
Apr 2023020178.122.24$450
Mar 202317119372.852.39$12,919
Feb 202319318775.112.47$14,957
Jan 2023022176.533.39$749
Dec 202219020976.415.73$15,715
Nov 202218523285.005.65$17,035
Oct 2022022487.185.86$1,313
Sep 202219022484.888.16$17,956
Aug 202218422494.529.13$19,436
Jul 2022171154101.587.54$18,532
Jun 2022077115.097.98$614
May 2022169163109.378.43$19,858
Apr 2022183143104.226.84$20,050
Mar 2022186219108.885.08$21,363
Feb 202218215291.054.86$17,310
Jan 202218521381.844.54$16,107
Dec 202118621671.323.90$14,108
Nov 2021193077.435.24$14,944
Oct 20210079.795.71$0
Sep 20211872869.865.35$13,214
Aug 20213681166.024.22$24,342
Jul 20210870.783.98$32
Jun 20213785369.493.38$26,446
May 2021189663.483.02$12,016
Apr 202119027160.362.76$12,216
Mar 202137854161.302.72$24,641
Feb 202119350457.805.55$13,952
Jan 2021382050.412.81$19,257
Dec 2020556044.642.68$24,820
Nov 2020751038.772.71$29,116
Oct 2020933036.972.48$34,493
Sep 20201,120037.091.99$41,541
Aug 20201,489039.982.39$59,530
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020717030.341.86$21,754
Feb 2020153049.881.98$7,632

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                  177 bbl  × $ 98.93 =    $17,511
Casinghead gas       146 Mcf  × $  2.87 =       $419

────────────────────────────────────────────────────
Month total                                  $17,930

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/32439 is the state's own key, not one this site invented.