PEGASUS "45"

Operated by EXTEX OPERATING COMPANY (P-5 257062) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12373District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$9.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
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
OilDisposition203,818 bbl$7,832,670
Casinghead gasProduction489,559 Mcf$1,713,084
Total$9,545,754

106,791 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 (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 31.6271, -102.0906. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.62729, -102.09115 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
8,750 ft
4 wells filed one
Completion to plug
25.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 8,700 and 8,750 ft, median 8,750 ft, over the 4 wells that filed a depth.

Completions filed
Dec 1987 – Sep 1992
4 of 4 wells
Plug dates filed
Sep 2013
1 of 4 wells; 3 filed none

Last completion to plug: a median of 25.8 years across the 1 well that filed both dates, with the middle half between 25.8 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-4613330138,750 ftSep 1992
42-4613329928,750 ftSep 1992
42-4613329848,750 ftAug 1992
42-4613269918,700 ftDec 1987Sep 2013Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025185060.553.23$11,202
Apr 2025174062.363.54$10,851
Mar 2025175067.704.27$11,848
Feb 2025173070.884.34$12,262
Jan 2025359074.324.28$26,681
Dec 2024184068.993.12$12,694
Nov 2024189069.052.20$13,050
Oct 2024362071.372.28$25,836
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024175080.301.55$14,053
Feb 2024177076.091.78$13,468
Jan 2024175073.023.30$12,779
Dec 2023175071.262.61$12,471
Nov 2023175077.892.81$13,631
Oct 2023179085.443.09$15,294
Sep 2023175089.042.74$15,582
Aug 2023181080.522.67$14,574
Jul 2023357074.852.64$26,721
Jun 2023177068.962.26$12,206
May 2023176070.622.23$12,429
Apr 2023169078.122.24$13,202
Mar 2023175072.852.39$12,749
Feb 2023176075.112.47$13,219
Jan 2023168076.533.39$12,857
Dec 2022172076.415.73$13,143
Nov 2022171085.005.65$14,535
Oct 2022509087.185.86$44,375
Sep 2022180084.888.16$15,278
Aug 2022346094.529.13$32,704
Jul 20223350101.587.54$34,029
Jun 20221700115.097.98$19,565
May 20223420109.378.43$37,405
Apr 20223350104.226.84$34,914
Mar 20223370108.885.08$36,693
Feb 2022334091.054.86$30,411
Jan 2022171081.844.54$13,995
Dec 2021339071.323.90$24,177
Nov 20210077.435.24$0
Oct 2021337079.795.71$26,889
Sep 2021519069.865.35$36,257
Aug 20215066.024.22$330
Jul 2021168070.783.98$11,891
Jun 20213069.493.38$208
May 2021480063.483.02$30,470
Apr 2021344060.362.76$20,764
Mar 2021358061.302.72$21,945
Feb 2021177057.805.55$10,231
Jan 2021505050.412.81$25,457
Dec 2020165044.642.68$7,366
Nov 2020162038.772.71$6,281
Oct 2020177036.972.48$6,544
Sep 2020173037.091.99$6,417
Aug 2020325039.982.39$12,994
Jul 2020323038.371.83$12,394
Jun 2020330034.901.69$11,517
May 2020324016.921.81$5,482
Apr 2020343014.751.80$5,059
Mar 2020328030.341.86$9,952
Feb 2020165049.881.98$8,230
Jan 2020341057.252.09$19,522
Dec 2019171059.012.30$10,091
Nov 2019178055.302.75$9,843
Oct 201916931653.472.42$9,801
Sep 201917332855.052.66$10,395
Aug 201917741253.112.30$10,350
Jul 201916743856.272.46$10,475
Jun 201915551652.782.49$9,466
May 201916261458.482.74$11,156
Apr 201917863962.632.75$12,906
Mar 201917464656.803.06$11,861
Feb 201917057650.852.79$10,253
Jan 201917360246.033.23$9,907
Dec 201816759546.594.19$10,271
Nov 201817259152.934.24$11,608
Oct 201816761661.443.40$12,354
Sep 2018061059.543.11$1,896
Aug 201834164659.403.07$22,236
Jul 201816444365.142.93$11,982
Jun 2018038260.183.08$1,175
May 201852054765.382.90$35,584
Apr 2018061563.842.90$1,784
Mar 2018058261.222.79$1,622
Feb 201817259061.782.77$12,258
Jan 201816854562.874.01$12,747
Dec 201716889757.272.92$12,242
Nov 201734189655.423.12$21,692
Oct 2017091949.292.98$2,742
Sep 201733680647.523.09$18,455
Aug 201716788845.373.00$10,245
Jul 201716587543.873.09$9,940
Jun 201716072042.493.09$9,021
May 201735288145.373.26$18,845
Apr 2017085147.933.21$2,733
Mar 201735489946.772.98$19,239
Feb 201717884850.452.95$11,484
Jan 2017171049.413.42$8,449
Dec 20161761,03048.763.72$12,416
Nov 20161781,03042.492.64$10,287
Oct 20161651,11346.193.09$11,061
Sep 201618096141.553.10$10,459
Aug 20161721,03041.442.92$10,140
Jul 20163451,10041.622.92$17,576
Jun 20161761,05245.352.69$10,807
May 20161641,09542.521.99$9,153
Apr 201617497736.561.99$8,307
Mar 20161681,05033.011.79$7,429
Feb 201633874326.472.06$10,480
Jan 20163371,05427.352.36$11,709
Dec 201501,04532.362.00$2,091
Nov 20153541,01938.792.17$15,940
Oct 20151731,00643.552.43$9,975
Sep 201516581242.992.76$9,333
Aug 201532891740.162.87$15,807
Jul 20151661,21348.152.95$11,565
Jun 201533796456.152.88$21,702
May 201516696655.212.96$12,020
Apr 20153351,12249.822.71$19,726
Mar 20151671,15042.892.93$10,538
Feb 20151741,03644.662.98$10,854
Jan 20153421,12043.433.10$18,326
Dec 20141691,07454.693.59$13,100
Nov 201417297970.464.25$16,282
Oct 201435065178.303.90$29,945
Sep 201418985586.164.05$19,743
Aug 201417252489.394.04$17,489
Jul 201435542296.564.18$36,043
Jun 201416975898.164.74$20,180
May 20143441,23794.734.73$38,434
Apr 20141681,08595.944.81$21,336
Mar 20145271,04395.895.06$55,808
Feb 2014083597.406.19$5,170
Jan 20146751,21390.404.86$66,916
Dec 201301,16291.824.35$5,060
Nov 201317096488.853.74$18,708
Oct 201317070997.423.78$19,241
Sep 20131641,308104.113.72$21,937
Aug 20133711,365104.253.52$43,485
Jul 20131271,280102.523.72$17,779
Jun 20133431,32294.403.93$37,579
May 20133501,30694.834.15$38,609
Apr 201301,28193.964.28$5,486
Mar 201317511993.623.91$16,849
Feb 2013690091.233.42$62,949
Jan 20131726291.603.42$15,967
Dec 201218051686.773.42$17,383
Nov 2012338086.953.62$29,389
Oct 20123313389.383.40$29,697
Sep 2012345094.672.92$32,661
Aug 201233567792.662.91$33,010
Jul 20123401,37785.133.02$33,104
Jun 201233498879.822.52$29,149
May 20125111,38891.612.49$50,267
Apr 2012171956101.652.00$19,291
Mar 2012170956105.052.22$19,983
Feb 2012525993101.102.57$55,630
Jan 20123381,08898.092.73$36,129
Dec 201101,10796.873.24$3,586
Nov 20115041,05395.723.31$51,730
Oct 201101,18584.983.65$4,324
Sep 20116781,15383.623.99$61,290
Aug 20113451,16683.404.15$33,611
Jul 201101,51094.144.52$6,821
Jun 20116961,71492.904.64$72,611
May 201101,90698.134.40$8,396
Apr 20117161,552105.964.33$82,593
Mar 20113551,63996.364.06$40,858
Feb 201101,32585.644.18$5,538
Jan 20115611,58586.504.59$55,800
Dec 20105631,64585.734.35$55,418
Nov 20101951,61080.843.80$21,874
Oct 20108831,65778.103.51$74,777
Sep 20101841,28772.633.98$18,486
Aug 20103441,73073.684.42$32,991
Jul 20103781,73172.554.74$35,623
Jun 20105451,66270.364.91$46,507
May 20103501,05871.124.24$29,373
Apr 20105381,75481.694.12$51,180
Mar 20105141,80078.394.39$48,192
Feb 20103581,56973.585.44$34,881
Jan 20107001,81474.365.96$62,871
Dec 20095351,84671.445.48$48,343
Nov 20093631,69974.593.75$33,450
Oct 20095311,72972.544.11$45,625
Sep 20093351,34865.543.06$26,087
Aug 20095391,83967.423.22$42,258
Jul 20093681,96561.133.46$29,304
Jun 20096821,82566.163.90$52,230
May 20097061,89254.743.93$46,074
Apr 20095251,69546.773.59$30,635
Mar 20093491,48442.144.06$20,730
Feb 20091641,10032.814.63$10,477
Jan 20093661,43035.865.37$20,805
Dec 20087181,60337.105.98$36,219
Nov 200801,63755.496.86$11,230
Oct 20085301,74775.246.92$51,970
Sep 20087071,592101.767.88$84,485
Aug 20087081,819114.228.48$96,298
Jul 20083491,872131.0811.39$67,068
Jun 20085231,730131.3313.03$91,232
May 20086941,772123.1711.57$105,990
Apr 20085271,727110.3110.45$76,189
Mar 20085131,459101.909.66$66,375
Feb 20083401,01392.538.77$40,345
Jan 200834954690.388.21$36,023
Dec 20073381,47188.337.30$40,597
Nov 20073531,34091.677.29$42,130
Oct 20077021,55882.856.92$68,945
Sep 20075261,58875.846.24$49,808
Aug 20075301,55569.066.39$46,535
Jul 20075161,60070.906.39$46,805
Jun 20078771,42262.007.55$65,108
May 20073581,09658.747.85$29,628
Apr 20075301,35359.617.81$42,154
Mar 20073401,57956.927.30$30,883
Feb 20077151,39755.108.22$50,874
Jan 20073481,39950.306.73$26,915
Dec 20065271,49156.656.92$40,170
Nov 20066951,47754.207.62$48,920
Oct 20065171,54354.906.01$37,663
Sep 20067001,23660.085.04$48,282
Aug 20063491,17268.717.34$32,582
Jul 20065161,48269.376.34$45,195
Jun 20065201,54466.286.38$44,322
May 20065241,23066.016.42$42,492
Apr 20065341,49164.397.36$45,359
Mar 20065331,66556.707.08$42,014
Feb 20065261,44057.597.75$41,454
Jan 20061841,29660.598.93$22,726
Dec 20057011,43354.9413.42$57,737
Nov 20053491,15754.6910.59$31,338
Oct 20053571,24158.3413.80$37,948
Sep 20053521,29361.4512.08$37,249
Aug 20055231,56961.519.80$47,541
Jul 20055181,66255.697.84$41,884
Jun 20055171,41852.337.38$37,521
May 20053491,48745.226.65$25,672
Apr 20053541,43349.207.36$27,964
Mar 20055371,56950.377.15$38,275
Feb 20055241,31045.226.31$31,964
Jan 20057291,57343.166.32$41,408
Dec 20045421,63839.866.75$32,662
Nov 20045391,63545.286.33$34,756
Oct 20043611,66049.706.52$28,757
Sep 20043581,47843.245.28$23,290
Aug 20043601,49642.375.55$23,557
Jul 20049051,61838.286.08$44,488
Jun 20041811,63636.106.43$17,059
May 20047321,80937.486.49$39,184
Apr 20045471,79134.475.86$29,348
Mar 20047141,86734.365.53$34,858
Feb 20043501,39432.455.51$19,038
Jan 20045271,78932.036.30$28,150
Dec 20039341,85930.266.30$39,978
Nov 20033591,66928.804.60$18,009
Oct 20037301,73728.174.76$28,832
Sep 20035451,77726.314.75$22,779
Aug 20035391,79829.765.13$25,264
Jul 20038971,68729.415.17$35,104
Jun 20035451,29628.565.98$23,319
May 20035471,12526.595.97$21,264
Apr 20031781,15726.675.41$11,003
Mar 20037281,71931.146.10$33,149
Feb 20035351,56033.487.93$30,276
Jan 20035201,70530.315.58$25,279
Dec 20027041,71026.914.85$27,245
Nov 20027181,66924.664.14$24,610
Oct 20025481,73926.464.23$21,855
Sep 20023561,77827.443.64$16,232
Aug 20027301,89825.963.16$24,956
Jul 20024991,78724.583.06$17,737
Jun 20025421,68923.733.34$18,500
May 20028961,74724.663.58$28,357
Apr 20023431,50523.653.51$13,398
Mar 20025091,74422.003.10$16,609
Feb 20027091,61518.222.38$16,755
Jan 20023661,80717.172.38$10,577
Dec 20018601,87216.932.36$18,986
Nov 20015521,86518.072.41$14,461
Oct 20017271,90019.782.53$19,185
Sep 20017231,82024.262.25$21,637
Aug 20015331,83824.873.05$18,867
Jul 20017172,09623.933.20$23,859
Jun 20017272,05824.563.82$25,725
May 20015362,10725.524.31$22,754
Apr 20019021,97324.685.34$32,788
Mar 20016942,03324.545.38$27,961
Feb 20011,0251,84027.755.77$39,055
Jan 20015141,96527.478.40$30,623
Dec 20005211,85426.889.12$30,918
Nov 20006801,89632.215.66$32,630
Oct 20008332,41231.235.15$38,426
Sep 20001,0072,38531.875.19$44,463
Aug 200033083429.644.54$13,568
Jul 20006825528.534.09$19,682
Jun 200084849429.304.40$27,019
May 20006772,18727.263.68$26,503
Apr 20006741,29724.513.12$20,561
Mar 20006852,07328.422.86$25,396
Feb 20008341,92627.622.73$28,286
Jan 20007132,09325.272.48$23,209
Dec 19997542,02924.282.42$23,225
Nov 19997471,98523.192.43$22,154
Oct 19991,0472,15020.982.80$27,994
Sep 19995252,19321.752.62$17,162
Aug 19998552,30819.262.88$23,104
Jul 19996852,36517.892.37$17,865
Jun 19991,0551,89815.942.36$21,300
May 19995302,30415.792.32$13,716
Apr 19998692,08315.102.21$17,721
Mar 19997142,18312.471.84$12,917
Feb 19991,0712,0019.981.82$14,326
Jan 19997022,03210.381.90$11,147
Dec 19987191,5529.201.77$9,367
Nov 19987142,06810.892.19$12,296
Oct 19987072,14612.421.97$13,007
Sep 19987142,30212.592.08$13,783
Aug 19987052,50511.301.91$12,744
Jul 19981,0332,38411.742.24$17,461
Jun 19987012,37611.242.24$13,195
May 19987162,19112.622.21$13,870
Apr 19981,2572,39113.042.51$22,382
Mar 19987322,45412.802.31$15,037
Feb 19987122,63113.952.30$15,981
Jan 19981,0743,03014.702.15$22,317
Dec 19977092,47116.322.41$17,529
Nov 19971,0732,21818.193.09$26,368
Oct 19971,0822,30619.253.15$28,092
Sep 19971,0662,16917.742.95$25,320
Aug 19971,0461,86617.862.55$23,449
Jul 19976902,05417.582.25$16,745
Jun 19971,0641,86717.242.26$22,558
May 19977061,87918.972.31$17,730
Apr 19978661,53917.882.08$18,689
Mar 19971,0542,04918.951.94$23,947
Feb 19971,0741,84120.492.21$26,067
Jan 19977171,87623.483.54$23,476
Dec 19961,0461,64623.32$24,393
Nov 19961,0541,56321.97$23,156
Oct 19967191,81323.31$16,760
Sep 19961,0561,82722.22$23,464
Aug 19961,0481,94520.26$21,232
Jul 19961,0491,87519.55$20,508
Jun 19968601,54718.73$16,108
May 19966971,81619.43$13,543
Apr 19961,4111,72421.51$30,351
Mar 19966911,80219.38$13,392
Feb 19968691,68616.98$14,756
Jan 19961,0671,77017.07$18,214
Dec 19951,0691,80417.19$18,376
Nov 19958871,68916.00$14,192
Oct 19951,0431,55215.43$16,093
Sep 19951,0531,69516.18$17,038
Aug 19951,0501,52715.92$16,716
Jul 19958721,99215.24$13,289
Jun 19951,0691,97316.41$17,542
May 19951,2181,97217.56$21,388
Apr 19951,3871,92717.73$24,592
Mar 19951,0442,06716.44$17,163
Feb 19951,0411,55816.58$17,260
Jan 19951,0422,10715.92$16,589
Dec 19941,0482,34615.03$15,751
Nov 19941,0332,50215.90$16,425
Oct 19941,3842,77015.58$21,563
Sep 19941,3542,59415.29$20,703
Aug 19941,3842,71416.13$22,324
Jul 19941,3532,62117.56$23,759
Jun 19941,3642,41617.09$23,311
May 19941,3862,36415.88$22,010
Apr 19941,3822,41014.14$19,541
Mar 19941,4082,58912.46$17,544
Feb 19941,3711,68412.50$17,138
Jan 19941,5782,02412.66$19,977
Dec 19931,3982,07512.33$17,237
Nov 19931,3852,18114.49$20,069
Oct 19931,5842,45715.85$25,106
Sep 19931,4122,95115.03$21,222
Aug 19931,7102,90015.66$26,779
Jul 19931,7232,83215.46$26,638
Jun 19931,7392,67416.79$29,198
May 19931,7142,65017.68$30,304
Apr 19931,7633,12318.05$31,822
Mar 19931,7463,46918.14$31,672
Feb 19932,0713,68317.90$37,071
Jan 19932,7843,88516.93$47,133

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 2025 — as filed, then multipliedworked
Oil                  185 bbl  × $ 60.55 =    $11,202
Casinghead gas         0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                  $11,202

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/O/12373 is the state's own key, not one this site invented.