LEWIS

Operated by VX OPERATING, LLC (P-5 888024) in the OBP (PALO PINTO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32482District 7BField 66628200OilCasinghead gasSaveExport
Value, all time
$5.3 M
Oct 2020 – May 2026
Value, last 12 filed months
$262 k
at the published price for each month
Months reported
68
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2020-10-14
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

The Commission's schedule remark for this field reads: PRODUCTION FROM THE PALO PINTO FORMATION ONLY.

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
OilDisposition68,498 bbl$5,037,026
Casinghead gasProduction49,275 Mcf$245,732
Total$5,282,757

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 32.2839, -100.2982. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.28386, -100.29822 · 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
6,998 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 6,998 ft.

Completions filed
Oct 2020
1 of 1 wells

1 well

42-3533371816,998 ftOct 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 (68)

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

68 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202668645789.753.15$63,008
Feb 202649629363.503.75$32,595
Jan 202634014359.138.00$21,248
Dec 202534213756.664.41$19,982
Nov 202517811358.593.93$10,873
Oct 202516914059.383.30$10,498
Sep 202535416762.743.08$22,724
Aug 202534421363.933.01$22,634
Jul 202533917766.743.32$23,212
Jun 202551919766.483.13$35,119
May 202552331560.553.23$32,686
Apr 202568937962.363.54$44,309
Mar 202548531667.704.27$34,183
Feb 202533931570.884.34$25,396
Jan 20250074.324.28$0
Dec 202451133868.993.12$36,309
Nov 202470036269.052.20$49,131
Oct 202471644171.372.28$52,107
Sep 202436227969.612.36$25,858
Aug 202454346675.632.06$42,029
Jul 202471452479.932.15$58,195
Jun 202469827578.082.63$55,224
May 2024712078.812.20$56,113
Apr 2024907084.451.66$76,596
Mar 2024709080.301.55$56,933
Feb 20241,03633676.091.78$79,429
Jan 202488142673.023.30$65,735
Dec 20231,22246271.262.61$88,286
Nov 202335020877.892.81$27,845
Oct 2023352085.443.09$30,075
Sep 202381466689.042.74$74,300
Aug 20231,0121,03780.522.67$84,258
Jul 20231,0411,02674.852.64$80,629
Jun 20231,25582068.962.26$88,397
May 20231,56475870.622.23$112,138
Apr 20231,03960278.122.24$82,514
Mar 20231,38065772.852.39$102,105
Feb 202334311675.112.47$26,049
Jan 20238171,23776.533.39$66,716
Dec 20221,00970076.415.73$81,108
Nov 20221,2061,20385.005.65$109,302
Oct 20228521,52187.185.86$83,196
Sep 20221,3601,46184.888.16$127,364
Aug 20221,1841,64994.529.13$126,962
Jul 20221,2352,060101.587.54$140,988
Jun 20221,5611,865115.097.98$194,533
May 20221,929717109.378.43$217,021
Apr 20221,059760104.226.84$115,566
Mar 20221,192954108.885.08$134,628
Feb 20221,2131,02891.054.86$115,439
Jan 20221,4652,57081.844.54$131,557
Dec 20211,7643,50171.323.90$139,459
Nov 20211,6704,34477.435.24$152,057
Oct 20212,1315,68979.795.71$202,539
Sep 20212,3124,85569.865.35$187,495
Aug 20213,022066.024.22$199,512
Jul 2021525070.783.98$37,160
Jun 2021660069.493.38$45,863
May 20211,910063.483.02$121,247
Apr 20211,895060.362.76$114,382
Mar 20212,744061.302.72$168,207
Feb 20211,155057.805.55$66,759
Jan 20212,654050.412.81$133,788
Dec 20202,763044.642.68$123,340
Nov 20202,047038.772.71$79,362
Oct 2020500036.972.48$18,485

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.

Mar 2026 — as filed, then multipliedworked
Oil                  686 bbl  × $ 89.75 =    $61,569
Casinghead gas       457 Mcf  × $  3.15 =     $1,439

────────────────────────────────────────────────────
Month total                                  $63,008

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/32482 is the state's own key, not one this site invented.