DEAL 33

Operated by TOC ENERGY RESOURCES, LLC (P-5 860965) in the VELREX (HENDERSON UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138255District 7CField 934107102 tax incentive programmesCondensateGasSaveExport
Value, all time
$302 k
Jan 1993 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 34 leases and 53 wells, and the rule below applies to all of them.

Discovered
1964-12-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 03/01/98.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111991-08-20123753
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition130 bbl$9,600
GasProduction113,271 Mcf$292,632
Total$302,232

48,042 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.0113, -100.7608. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.01129, -100.76083 · 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
6,800 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 6,800 ft.

Completions filed
Jan 1991
1 of 1 wells

1 well

42-41331747A 36,800 ftJan 1991

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 (401)

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

401 months

May 202606106.413.05$18
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026029263.503.75$1,095
Jan 2026041959.138.00$3,351
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025016262.743.08$498
Aug 2025030663.933.01$923
Jul 2025016866.743.32$557
Jun 2025023166.483.13$723
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025027467.704.27$1,170
Feb 2025026370.884.34$1,142
Jan 2025027974.324.28$1,194
Dec 2024020068.993.12$624
Nov 20240069.052.20$0
Oct 2024036171.372.28$824
Sep 20240069.612.36$0
Aug 2024035075.632.06$722
Jul 2024024979.932.15$535
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024029880.301.55$460
Feb 2024023776.091.78$423
Jan 2024026373.023.30$867
Dec 2023020871.262.61$543
Nov 2023025077.892.81$702
Oct 2023021685.443.09$667
Sep 2023031889.042.74$870
Aug 2023026680.522.67$711
Jul 2023026874.852.64$708
Jun 2023031768.962.26$716
May 2023034770.622.23$773
Apr 2023034778.122.24$777
Mar 2023032072.852.39$766
Feb 2023027475.112.47$676
Jan 2023031276.533.39$1,057
Dec 2022031876.415.73$1,822
Nov 2022031485.005.65$1,773
Oct 2022033087.185.86$1,935
Sep 2022010884.888.16$882
Aug 202206994.529.13$630
Jul 20220305101.587.54$2,300
Jun 20220344115.097.98$2,744
May 20220211109.378.43$1,779
Apr 2022046104.226.84$315
Mar 20220336108.885.08$1,706
Feb 2022030591.054.86$1,482
Jan 2022035181.844.54$1,593
Dec 2021036171.323.90$1,408
Nov 2021029877.435.24$1,561
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201401578.303.90$59
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201301793.623.91$67
Feb 201303391.233.42$113
Jan 201303991.603.42$133
Dec 201203986.773.42$133
Nov 201204086.953.62$145
Oct 201204189.383.40$139
Sep 201203994.672.92$114
Aug 201204992.662.91$143
Jul 201202885.133.02$85
Jun 201202079.822.52$50
May 201203391.612.49$82
Apr 2012032101.652.00$64
Mar 2012036105.052.22$80
Feb 2012036101.102.57$93
Jan 201204298.092.73$115
Dec 201103796.873.24$120
Nov 201104195.723.31$136
Oct 201104484.983.65$161
Sep 201104583.623.99$179
Aug 201104683.404.15$191
Jul 201105294.144.52$235
Jun 201102992.904.64$135
May 201105098.134.40$220
Apr 2011058105.964.33$251
Mar 2011017196.364.06$694
Feb 201110621785.644.18$9,985
Jan 201104086.504.59$184
Dec 201004285.734.35$183
Nov 201004180.843.80$156
Oct 201003678.103.51$126
Sep 201002072.633.98$80
Aug 201004873.684.42$212
Jul 201009572.554.74$450
Jun 201004270.364.91$206
May 201003071.124.24$127
Apr 201003881.694.12$157
Mar 201006278.394.39$272
Feb 201005773.585.44$310
Jan 201009574.365.96$567
Dec 200906771.445.48$367
Nov 200907174.593.75$266
Oct 200907172.544.11$292
Sep 200907665.543.06$233
Aug 200909267.423.22$296
Jul 200909161.133.46$315
Jun 200908766.163.90$339
May 200909054.743.93$353
Apr 200909346.773.59$334
Mar 2009010342.144.06$418
Feb 200909632.814.63$445
Jan 2009012035.865.37$645
Dec 2008015137.105.98$903
Nov 2008017255.496.86$1,180
Oct 2008016975.246.92$1,170
Sep 2008077101.767.88$607
Aug 20080137114.228.48$1,162
Jul 20080149131.0811.39$1,697
Jun 20080102131.3313.03$1,329
May 2008039123.1711.57$451
Apr 20080142110.3110.45$1,485
Mar 20080164101.909.66$1,585
Feb 2008015392.538.77$1,342
Jan 2008017790.388.21$1,452
Dec 2007013488.337.30$978
Nov 2007013391.677.29$970
Oct 2007018682.856.92$1,287
Sep 2007018975.846.24$1,180
Aug 2007020669.066.39$1,316
Jul 2007023770.906.39$1,514
Jun 2007029762.007.55$2,242
May 2007032658.747.85$2,558
Apr 2007024759.617.81$1,928
Mar 2007035456.927.30$2,585
Feb 2007033055.108.22$2,711
Jan 2007036550.306.73$2,455
Dec 2006037556.656.92$2,594
Nov 2006035254.207.62$2,681
Oct 2006039654.906.01$2,381
Sep 2006032460.085.04$1,632
Aug 2006032468.717.34$2,378
Jul 2006032769.376.34$2,074
Jun 2006037666.286.38$2,400
May 2006033766.016.42$2,165
Apr 2006037264.397.36$2,738
Mar 2006033856.707.08$2,394
Feb 2006030257.597.75$2,341
Jan 2006033360.598.93$2,975
Dec 2005035354.9413.42$4,736
Nov 2005034354.6910.59$3,632
Oct 2005020958.3413.80$2,883
Sep 200509861.4512.08$1,184
Aug 2005013361.519.80$1,303
Jul 2005013655.697.84$1,067
Jun 200509852.337.38$723
May 2005013145.226.65$871
Apr 2005012249.207.36$898
Mar 2005014950.377.15$1,066
Feb 2005015545.226.31$978
Jan 2005018143.166.32$1,144
Dec 2004016539.866.75$1,114
Nov 2004019445.286.33$1,228
Oct 2004023849.706.52$1,551
Sep 2004024143.245.28$1,273
Aug 2004029142.375.55$1,615
Jul 2004039138.286.08$2,379
Jun 20040036.106.43$0
May 2004043937.486.49$2,851
Apr 2004045634.475.86$2,671
Mar 2004044734.365.53$2,472
Feb 2004015332.455.51$843
Jan 2004017932.036.30$1,128
Dec 2003018430.266.30$1,160
Nov 2003020528.804.60$942
Oct 2003020728.174.76$985
Sep 2003022226.314.75$1,054
Aug 2003026029.765.13$1,334
Jul 2003030329.415.17$1,567
Jun 2003033628.565.98$2,010
May 2003036526.595.97$2,180
Apr 2003038326.675.41$2,071
Mar 2003034431.146.10$2,097
Feb 2003036633.487.93$2,901
Jan 2003035330.315.58$1,970
Dec 2002025326.914.85$1,228
Nov 2002031424.664.14$1,299
Oct 2002036926.464.23$1,561
Sep 2002034227.443.64$1,243
Aug 2002036425.963.16$1,152
Jul 2002038424.583.06$1,176
Jun 2002040023.733.34$1,335
May 2002045024.663.58$1,613
Apr 2002044423.653.51$1,559
Mar 2002047322.003.10$1,468
Feb 2002041018.222.38$974
Jan 2002045217.172.38$1,074
Dec 2001044016.932.36$1,040
Nov 2001044018.072.41$1,058
Oct 2001046519.782.53$1,176
Sep 2001041224.262.25$928
Aug 2001043624.873.05$1,331
Jul 2001043723.933.20$1,397
Jun 2001042824.563.82$1,637
May 2001048125.524.31$2,072
Apr 2001053724.685.34$2,865
Mar 2001056824.545.38$3,054
Feb 2001053227.755.77$3,068
Jan 2001060727.478.40$5,098
Dec 2000060526.889.12$5,519
Nov 2000059032.215.66$3,338
Oct 2000065831.235.15$3,386
Sep 2000072931.875.19$3,781
Aug 2000073929.644.54$3,356
Jul 2000091828.534.09$3,754
Jun 2000058829.304.40$2,586
May 2000021327.263.68$784
Apr 2000021224.513.12$661
Mar 2000022228.422.86$635
Feb 2000020927.622.73$570
Jan 2000028725.272.48$712
Dec 1999019924.282.42$482
Nov 1999038423.192.43$935
Oct 1999038320.982.80$1,074
Sep 19992437121.752.62$1,494
Aug 1999030419.262.88$874
Jul 1999044517.892.37$1,056
Jun 1999053615.942.36$1,266
May 1999047215.792.32$1,096
Apr 1999042815.102.21$945
Mar 1999072212.471.84$1,327
Feb 199902919.981.82$529
Jan 1999027310.381.90$519
Dec 199803079.201.77$544
Nov 1998034210.892.19$748
Oct 1998034612.421.97$681
Sep 1998034212.592.08$712
Aug 1998035311.301.91$673
Jul 1998037711.742.24$843
Jun 1998035011.242.24$783
May 1998042112.622.21$929
Apr 1998042813.042.51$1,072
Mar 1998049512.802.31$1,143
Feb 1998045613.952.30$1,048
Jan 1998067114.702.15$1,446
Dec 1997078916.322.41$1,902
Nov 1997084918.193.09$2,622
Oct 1997090119.253.15$2,838
Sep 1997062617.742.95$1,850
Aug 1997040817.862.55$1,042
Jul 1997027817.582.25$625
Jun 1997038417.242.26$867
May 1997043318.972.31$1,000
Apr 1997043417.882.08$904
Mar 1997062018.951.94$1,202
Feb 1997056320.492.21$1,242
Jan 1997068923.483.54$2,439
Dec 1996077823.32$0
Nov 1996077821.97$0
Oct 1996096623.31$0
Sep 1996069222.22$0
Aug 1996081020.26$0
Jul 1996053419.55$0
Jun 1996096418.73$0
May 199601,07919.43$0
Apr 199601,18321.51$0
Mar 1996081619.38$0
Feb 1996066116.98$0
Jan 1996074517.07$0
Dec 1995078917.19$0
Nov 1995081616.00$0
Oct 199501,02015.43$0
Sep 199501,00216.18$0
Aug 199501,16915.92$0
Jul 199501,03115.24$0
Jun 199501,23916.41$0
May 1995074517.56$0
Apr 199501,11517.73$0
Mar 199501,15216.44$0
Feb 199501,03616.58$0
Jan 1995071215.92$0
Dec 199401,00915.03$0
Nov 1994082215.90$0
Oct 1994097015.58$0
Sep 199401,31915.29$0
Aug 199401,24216.13$0
Jul 199401,79117.56$0
Jun 199401,07417.09$0
May 199401,11515.88$0
Apr 199401,25714.14$0
Mar 1994069712.46$0
Feb 1994076012.50$0
Jan 199401,01312.66$0
Dec 1993087712.33$0
Nov 199301,37714.49$0
Oct 1993046115.85$0
Sep 1993065015.03$0
Aug 1993082015.66$0
Jul 1993098715.46$0
Jun 199301,10516.79$0
May 199301,31917.68$0
Apr 199301,25418.05$0
Mar 199301,37618.14$0
Feb 199301,25417.90$0
Jan 199301,66116.93$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                    6 Mcf  × $  3.05 =        $18

────────────────────────────────────────────────────
Month total                                      $18

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. 7C/G/138255 is the state's own key, not one this site invented.