STEPHENS

Operated by PRESTONWOOD OPERATING LLC (P-5 676511) in the FUNK (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17418District 7CField 33319500Hydrogen sulphide fieldOilSaveExport
Value, all time
$16.8 M
Oct 2011 – May 2026
Value, last 12 filed months
$508 k
at the published price for each month
Months reported
176
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 35 leases and 229 wells, and the rule below applies to all of them.

Discovered
1952-02-27
as the register files it
Field class
Oil
the register's own label
Between wells
233 ft
minimum
From a lease line
233 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2023-03-07.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ACRES AND 25% WELL

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
OilDisposition248,985 bbl$16,777,840
Total$16,777,840

Wells on this lease (23)

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 31.5190, -100.7704. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.51923, -100.77207 · 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 23 wells
With a plug date
0.0%
0 of 23 wells
Median depth
1,200 ft
23 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.
23100.0%

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

Total depth in feet, 23 of 23 wells. Median 1,200 ft, with the middle half between 1,090 and 1,205 ft; the shallowest is 784 ft and the deepest 7,620 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 23 of 23 wells, Sep 2008 – Oct 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 2008 – Oct 2018
23 of 23 wells

23 wells

42-2353626510211,150 ftOct 2018
42-2353617710201,250 ftMar 2017
42-2353601110181,200 ftFeb 2015
42-2353601210191,250 ftJan 2015
42-235360135071,220 ftDec 2014
42-235358945061,200 ftAug 2014
42-2353589310151,200 ftAug 2014
42-2353582010141,200 ftAug 2014
42-2353527910101,200 ftMar 2014
42-2353557710121,173 ftNov 2013
42-235351915051,207 ftNov 2013
42-2353538610111,105 ftMay 2013
42-235351905041,074 ftFeb 2013
42-2353518510091,193 ftDec 2012
42-2353516510081,257 ftOct 2012
42-23534430503897 ftAug 2012
42-2353482710071,202 ftSep 2011
42-235345481006980 ftAug 2010
42-2353410610017,620 ftSep 2009
42-2353442510041,197 ftMay 2009
42-235344111002784 ftFeb 2009
42-235344101003847 ftJan 2009
42-23534318501860 ftSep 2008

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 (176)

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

176 months

May 20260106.413.05$0
Apr 202669898.932.87$69,053
Mar 202652689.753.15$47,209
Feb 202652063.503.75$33,020
Jan 202634459.138.00$20,341
Dec 202585456.664.41$48,388
Nov 202568658.593.93$40,193
Oct 202584859.383.30$50,354
Sep 202571562.743.08$44,859
Aug 202570363.933.01$44,943
Jul 202590666.743.32$60,466
Jun 202573366.483.13$48,730
May 202571260.553.23$43,112
Apr 202588162.363.54$54,939
Mar 202591667.704.27$62,013
Feb 202568670.884.34$48,624
Jan 202588274.324.28$65,550
Dec 202469968.993.12$48,224
Nov 202492669.052.20$63,940
Oct 202489671.372.28$63,948
Sep 202484369.612.36$58,681
Aug 20241,02875.632.06$77,748
Jul 202486279.932.15$68,900
Jun 202468978.082.63$53,797
May 202483778.812.20$65,964
Apr 20241,02584.451.66$86,561
Mar 20241,02080.301.55$81,906
Feb 202485176.091.78$64,753
Jan 202485173.023.30$62,140
Dec 202384571.262.61$60,215
Nov 20231,02477.892.81$79,759
Oct 20231,01385.443.09$86,551
Sep 20231,01489.042.74$90,287
Aug 202398780.522.67$79,473
Jul 202386374.852.64$64,596
Jun 202384368.962.26$58,133
May 202399970.622.23$70,549
Apr 202386078.122.24$67,183
Mar 20231,02772.852.39$74,817
Feb 20231,00875.112.47$75,711
Jan 20231,02976.533.39$78,749
Dec 20221,03976.415.73$79,390
Nov 202285585.005.65$72,675
Oct 20221,35087.185.86$117,693
Sep 20221,04684.888.16$88,784
Aug 20221,20594.529.13$113,897
Jul 20221,015101.587.54$103,104
Jun 20221,178115.097.98$135,576
May 20221,029109.378.43$112,542
Apr 20221,377104.226.84$143,511
Mar 20221,197108.885.08$130,329
Feb 202286091.054.86$78,303
Jan 20221,20181.844.54$98,290
Dec 20211,35471.323.90$96,567
Nov 20211,38677.435.24$107,318
Oct 20211,39279.795.71$111,068
Sep 20211,51669.865.35$105,908
Aug 20211,17666.024.22$77,640
Jul 20211,52670.783.98$108,010
Jun 20211,00969.493.38$70,115
May 20211,36463.483.02$86,587
Apr 20211,35260.362.76$81,607
Mar 20211,49361.302.72$91,521
Feb 20211,17757.805.55$68,031
Jan 20211,17550.412.81$59,232
Dec 20201,38044.642.68$61,603
Nov 20201,52638.772.71$59,163
Oct 20201,31936.972.48$48,763
Sep 20201,34537.091.99$49,886
Aug 20201,67139.982.39$66,807
Jul 20201,50338.371.83$57,670
Jun 20201,98234.901.69$69,172
May 2020016.921.81$0
Apr 20201,48014.751.80$21,830
Mar 20201,48030.341.86$44,903
Feb 20201,41749.881.98$70,680
Jan 20201,36157.252.09$77,917
Dec 20191,49859.012.30$88,397
Nov 20191,49255.302.75$82,508
Oct 20191,40253.472.42$74,965
Sep 20191,46955.052.66$80,868
Aug 20191,75453.112.30$93,155
Jul 20191,87056.272.46$105,225
Jun 20191,47952.782.49$78,062
May 20191,63958.482.74$95,849
Apr 20191,79262.632.75$112,233
Mar 20191,54756.803.06$87,870
Feb 20191,67350.852.79$85,072
Jan 20191,30246.033.23$59,931
Dec 20181,31546.594.19$61,266
Nov 20181,15852.934.24$61,293
Oct 20181,41661.443.40$86,999
Sep 20181,32359.543.11$78,771
Aug 20181,48659.403.07$88,268
Jul 20181,42065.142.93$92,499
Jun 20181,49060.183.08$89,668
May 20181,46665.382.90$95,847
Apr 20181,59563.842.90$101,825
Mar 20181,33461.222.79$81,667
Feb 20181,60461.782.77$99,095
Jan 20181,63662.874.01$102,855
Dec 20171,35457.272.92$77,544
Nov 20171,63455.423.12$90,556
Oct 20171,31749.292.98$64,915
Sep 20171,87847.523.09$89,243
Aug 20171,76745.373.00$80,169
Jul 20171,65043.873.09$72,386
Jun 20171,60442.493.09$68,154
May 20171,65845.373.26$75,223
Apr 20171,63847.933.21$78,509
Mar 20171,79246.772.98$83,812
Feb 20171,46450.452.95$73,859
Jan 20171,93049.413.42$95,361
Dec 20161,45148.763.72$70,751
Nov 20161,46642.492.64$62,290
Oct 20161,77846.193.09$82,126
Sep 20161,45641.553.10$60,497
Aug 20161,61641.442.92$66,967
Jul 20161,60841.622.92$66,925
Jun 20161,76845.352.69$80,179
May 20161,81042.521.99$76,961
Apr 20161,60136.561.99$58,533
Mar 20161,81733.011.79$59,979
Feb 20161,81126.472.06$47,937
Jan 20161,97127.352.36$53,907
Dec 20151,47532.362.00$47,731
Nov 20151,32638.792.17$51,436
Oct 20151,80843.552.43$78,738
Sep 20151,95142.992.76$83,873
Aug 20151,76540.162.87$70,882
Jul 20151,64148.152.95$79,014
Jun 20151,76756.152.88$99,217
May 20152,30255.212.96$127,093
Apr 20151,96649.822.71$97,946
Mar 20152,08742.892.93$89,511
Feb 20152,03244.662.98$90,749
Jan 20151,84343.433.10$80,041
Dec 20142,48154.693.59$135,686
Nov 20143,18870.464.25$224,626
Oct 20143,16178.303.90$247,506
Sep 20143,51386.164.05$302,680
Aug 20142,84889.394.04$254,583
Jul 20141,71496.564.18$165,504
Jun 20142,31598.164.74$227,240
May 20142,23194.734.73$211,343
Apr 20142,47095.944.81$236,972
Mar 20142,08595.895.06$199,931
Feb 20141,71697.406.19$167,138
Jan 20142,34690.404.86$212,078
Dec 20132,23391.824.35$205,034
Nov 20132,00988.853.74$178,500
Oct 20132,90397.423.78$282,810
Sep 20132,507104.113.72$261,004
Aug 20132,980104.253.52$310,665
Jul 20132,973102.523.72$304,792
Jun 20133,02694.403.93$285,654
May 20132,70894.834.15$256,800
Apr 20132,34993.964.28$220,712
Mar 20132,42093.623.91$226,560
Feb 20132,00791.233.42$183,099
Jan 20132,13091.603.42$195,108
Dec 20121,89986.773.42$164,776
Nov 20121,55186.953.62$134,859
Oct 201287889.383.40$78,476
Sep 201251894.672.92$49,039
Aug 201273392.662.91$67,920
Jul 201250485.133.02$42,906
Jun 201269879.822.52$55,714
May 201255091.612.49$50,386
Apr 2012503101.652.00$51,130
Mar 2012529105.052.22$55,571
Feb 2012896101.102.57$90,586
Jan 201236998.092.73$36,195
Dec 201155296.873.24$53,472
Nov 201154195.723.31$51,785
Oct 201160484.983.65$51,328

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                  698 bbl  × $ 98.93 =    $69,053

────────────────────────────────────────────────────
Month total                                  $69,053

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/17418 is the state's own key, not one this site invented.