ESTELLE COUNCIL -70-

Operated by P1 ENERGY, LLC (P-5 631633) 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 18238District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$6.3 M
May 2013 – May 2026
Value, last 12 filed months
$226 k
at the published price for each month
Months reported
157
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.

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
OilDisposition46,602 bbl$3,135,717
Casinghead gasProduction970,604 Mcf$3,195,730
Total$6,331,447

Wells on this lease (5)

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 31.6452, -101.2970. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.64413, -101.29711 · 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 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
9,445 ft
5 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.
5100.0%

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 8,600 and 9,450 ft, median 9,445 ft, over the 5 wells that filed a depth.

Completions filed
Feb 2009 – Jul 2013
5 of 5 wells

5 wells

42-3833817589,445 ftJul 2013
42-3833817669,450 ftJun 2013
42-3833818859,450 ftMay 2013
42-3833179638,600 ftMar 2010
42-3833167318,650 ftFeb 2009

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 (157)

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

157 months

May 202600106.413.05$0
Apr 202604,03998.932.87$11,591
Mar 20261814,55389.753.15$30,584
Feb 202604,12363.503.75$15,463
Jan 202604,63259.138.00$37,046
Dec 20251805,07256.664.41$32,583
Nov 202504,03958.593.93$15,859
Oct 202503,89059.383.30$12,856
Sep 202504,58662.743.08$14,111
Aug 202504,62463.933.01$13,940
Jul 20251754,80966.743.32$27,622
Jun 202504,63866.483.13$14,511
May 20251814,79060.553.23$26,442
Apr 202505,05362.363.54$17,903
Mar 202505,15967.704.27$22,020
Feb 20251874,45570.884.34$32,593
Jan 202505,00574.324.28$21,415
Dec 20241805,57568.993.12$29,820
Nov 20241846,13069.052.20$26,182
Oct 20241816,42271.372.28$27,569
Sep 202405,62369.612.36$13,295
Aug 202405,97175.632.06$12,322
Jul 20241795,88679.932.15$26,942
Jun 202406,33878.082.63$16,694
May 20241816,71278.812.20$29,021
Apr 20241826,82284.451.66$26,689
Mar 202406,57280.301.55$10,155
Feb 20241936,22476.091.78$25,787
Jan 20241816,84173.023.30$35,776
Dec 20231706,92071.262.61$30,180
Nov 202307,25977.892.81$20,380
Oct 20231857,53285.443.09$39,060
Sep 20231767,41189.042.74$35,940
Aug 20231767,85680.522.67$35,170
Jul 20231848,12574.852.64$35,237
Jun 20231846,49268.962.26$27,351
May 20233738,31870.622.23$44,869
Apr 20231866,38578.122.24$28,818
Mar 20231904,61972.852.39$24,896
Feb 20231974,35175.112.47$25,525
Jan 202304,61576.533.39$15,634
Dec 20221714,55276.415.73$39,145
Nov 202204,41585.005.65$24,928
Oct 20221814,56487.185.86$42,542
Sep 202204,44184.888.16$36,255
Aug 202204,21394.529.13$38,453
Jul 20221804,646101.587.54$53,325
Jun 202204,526115.097.98$36,105
May 20221844,818109.378.43$60,754
Apr 202204,895104.226.84$33,470
Mar 20221785,260108.885.08$46,083
Feb 202205,26691.054.86$25,587
Jan 20221836,70181.844.54$45,384
Dec 20211816,52471.323.90$38,347
Nov 20211806,25177.435.24$46,673
Oct 20211846,72979.795.71$53,130
Sep 202106,79469.865.35$36,354
Aug 20211777,12966.024.22$41,774
Jul 20211786,58570.783.98$38,821
Jun 202106,98469.493.38$23,610
May 20211777,71163.483.02$34,505
Apr 20211847,77960.362.76$32,564
Mar 20213648,70761.302.72$45,970
Feb 202106,71257.805.55$37,238
Jan 20213728,41750.412.81$42,407
Dec 20201938,31444.642.68$30,859
Nov 20201877,99038.772.71$28,875
Oct 20203778,40336.972.48$34,764
Sep 20201818,40637.091.99$23,450
Aug 20203807,45639.982.39$32,976
Jul 20201888,03938.371.83$21,886
Jun 20205477,55334.901.69$31,857
May 202008,18016.921.81$14,845
Apr 202006,48114.751.80$11,694
Mar 20201826,63730.341.86$17,842
Feb 20201816,46549.881.98$21,833
Jan 20201737,20057.252.09$24,986
Dec 20191307,39859.012.30$24,719
Nov 20191657,11755.302.75$28,701
Oct 2019887,48553.472.42$22,808
Sep 20191087,37255.052.66$25,535
Aug 20191418,09253.112.30$26,135
Jul 20191408,41956.272.46$28,589
Jun 20192578,13352.782.49$33,825
May 20191268,66758.482.74$31,119
Apr 20191357,57662.632.75$29,294
Mar 20192547,99556.803.06$38,909
Feb 20193017,16550.852.79$35,312
Jan 20193748,23346.033.23$43,793
Dec 20181608,05346.594.19$41,160
Nov 20182709,50252.934.24$54,553
Oct 2018012361.443.40$418
Sep 2018023659.543.11$733
Aug 2018030559.403.07$935
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 20174338,30750.452.95$46,372
Jan 20173429,79149.413.42$50,372
Dec 20164237,71948.763.72$49,362
Nov 20164608,00142.492.64$40,703
Oct 20164787,72546.193.09$45,951
Sep 20163177,90741.553.10$37,688
Aug 20164569,30341.442.92$46,102
Jul 201647710,06741.622.92$49,292
Jun 201647410,56645.352.69$49,874
May 201647410,55042.521.99$41,160
Apr 201655810,29436.561.99$40,896
Mar 201647810,05633.011.79$33,819
Feb 20166889,95326.472.06$38,751
Jan 201669810,29627.352.36$43,434
Dec 20156949,93032.362.00$42,332
Nov 20154959,50038.792.17$39,791
Oct 201552910,16243.552.43$47,697
Sep 201576710,34642.992.76$61,512
Aug 201571410,86640.162.87$59,887
Jul 20155849,27248.152.95$55,426
Jun 20158847,33156.152.88$70,771
May 20155249,45655.212.96$56,877
Apr 20158799,88049.822.71$70,533
Mar 201587411,14942.892.93$70,205
Feb 20157749,71144.662.98$63,469
Jan 20159698,95043.433.10$69,834
Dec 20149069,32654.693.59$83,042
Nov 20141,0319,27470.464.25$112,076
Oct 20148709,09878.303.90$103,612
Sep 20149959,88786.164.05$125,726
Aug 20141,11211,89689.394.04$147,403
Jul 20141,14912,11496.564.18$161,579
Jun 20143932,18698.164.74$48,932
May 20141,1069,28894.734.73$148,672
Apr 20141,3399,21795.944.81$172,789
Mar 20141,32811,31895.895.06$184,575
Feb 20141,3212,58897.406.19$144,690
Jan 20141,78213,00790.404.86$224,316
Dec 20135503,50291.824.35$65,750
Nov 20136673,15488.853.74$71,053
Oct 20136124,15097.423.78$75,305
Sep 20135125,332104.113.72$73,127
Aug 20131,0488,949104.253.52$140,778
Jul 20136166,251102.523.72$86,392
Jun 20139894,39694.403.93$110,653
May 20131352,50394.834.15$23,187

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                    0 bbl  × $ 98.93 =         $0
Casinghead gas     4,039 Mcf  × $  2.87 =    $11,591

────────────────────────────────────────────────────
Month total                                  $11,591

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/18238 is the state's own key, not one this site invented.