HOWARD

Operated by LKKTX 2018, LLC (P-5 504576) in the S. L. C. (TANNEHILL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32545District 7BField 79275333OilSaveExport
Value, all time
$743 k
Jun 2021 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
60
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 9 leases and 29 wells, and the rule below applies to all of them.

Discovered
1958-07-21
as the register files it
Field class
Oil
the register's own label
Between wells
660 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
OilDisposition9,735 bbl$743,059
Total$743,059

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 32.9530, -99.9824. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.95301, -99.98239 · 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
2,458 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 2,458 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-2533562332,458 ftJun 2021

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 (60)

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

60 months

May 20260106.413.05$0
Apr 202618098.932.87$17,807
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 202517866.743.32$11,880
Jun 202589966.483.13$59,766
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 20254370.884.34$3,048
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 20244671.372.28$3,283
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 20244478.082.63$3,436
May 2024078.812.20$0
Apr 20244384.451.66$3,631
Mar 2024080.301.55$0
Feb 20244476.091.78$3,348
Jan 2024073.023.30$0
Dec 20234371.262.61$3,064
Nov 2023077.892.81$0
Oct 20234585.443.09$3,845
Sep 2023089.042.74$0
Aug 20234280.522.67$3,382
Jul 20234374.852.64$3,219
Jun 20234468.962.26$3,034
May 20234570.622.23$3,178
Apr 20234578.122.24$3,515
Mar 20234672.852.39$3,351
Feb 20234675.112.47$3,455
Jan 20234476.533.39$3,367
Dec 20224376.415.73$3,286
Nov 20224585.005.65$3,825
Oct 20228887.185.86$7,672
Sep 202213484.888.16$11,374
Aug 20224494.529.13$4,159
Jul 202244101.587.54$4,470
Jun 202289115.097.98$10,243
May 202286109.378.43$9,406
Apr 202287104.226.84$9,067
Mar 2022133108.885.08$14,481
Feb 202244891.054.86$40,790
Jan 202276081.844.54$62,198
Dec 202172971.323.90$51,992
Nov 20211,10177.435.24$85,250
Oct 20211,03079.795.71$82,184
Sep 20211,05069.865.35$73,353
Aug 20211,06466.024.22$70,245
Jul 202184070.783.98$59,455
Jun 2021069.493.38$0

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                  180 bbl  × $ 98.93 =    $17,807

────────────────────────────────────────────────────
Month total                                  $17,807

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/32545 is the state's own key, not one this site invented.