PAULA

Operated by SUMMIT PETROLEUM LLC (P-5 829221) 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 18686District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$3.2 M
Aug 2014 – May 2026
Value, last 12 filed months
$80 k
at the published price for each month
Months reported
142
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
OilDisposition38,962 bbl$2,273,674
Casinghead gasProduction296,563 Mcf$957,652
Total$3,231,326

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 31.3924, -102.1281. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.39235, -102.12807 · 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
10,330 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 10,330 ft.

Completions filed
Feb 2026
1 of 1 wells

1 well

42-4613877380610,330 ftFeb 2026

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 (142)

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

142 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202660089.753.15$5,385
Feb 2026035463.503.75$1,328
Jan 202615578259.138.00$15,420
Dec 202511792656.664.41$10,716
Nov 2025088158.593.93$3,459
Oct 202513270559.383.30$10,168
Sep 20254861462.743.08$4,901
Aug 202511769463.933.01$9,572
Jul 20258268266.743.32$7,734
Jun 202513267266.483.13$10,878
May 202512967160.553.23$9,980
Apr 202513063462.363.54$10,353
Mar 20255669267.704.27$6,745
Feb 202514558070.884.34$12,795
Jan 202513264374.324.28$12,561
Dec 202411364268.993.12$9,800
Nov 202415671969.052.20$12,352
Oct 202414076871.372.28$11,744
Sep 202412871269.612.36$10,594
Aug 20245274975.632.06$5,478
Jul 20249163979.932.15$8,645
Jun 20245872978.082.63$6,449
May 20241181,02978.812.20$11,562
Apr 20241151,38284.451.66$12,005
Mar 20241531,23180.301.55$14,188
Feb 20241601,21476.091.78$14,340
Jan 20241711,24273.023.30$16,582
Dec 20231621,34271.262.61$15,048
Nov 20231511,37077.892.81$15,608
Oct 20231111,49385.443.09$14,093
Sep 20231841,44889.042.74$20,344
Aug 20231561,77380.522.67$17,300
Jul 20231611,59974.852.64$16,275
Jun 20232511,59368.962.26$20,907
May 2023801,54470.622.23$9,089
Apr 20231591,44078.122.24$15,643
Mar 2023901,41272.852.39$9,936
Feb 20232171,31775.112.47$19,546
Jan 20231281,56776.533.39$15,104
Dec 20221151,62676.415.73$18,103
Nov 20221821,52085.005.65$24,052
Oct 20221171,68587.185.86$20,081
Sep 2022611,63984.888.16$18,558
Aug 20221261,66194.529.13$27,070
Jul 20222491,810101.587.54$38,945
Jun 20221071,682115.097.98$25,732
May 20221441,745109.378.43$30,465
Apr 20221491,507104.226.84$25,833
Mar 20221301,215108.885.08$20,322
Feb 20222961,18891.054.86$32,723
Jan 20221621,43881.844.54$19,783
Dec 20212641,56171.323.90$24,915
Nov 20211301,57277.435.24$18,298
Oct 20211511,66679.795.71$21,568
Sep 20211451,64169.865.35$18,911
Aug 20212241,83666.024.22$22,537
Jul 20211081,77170.783.98$14,697
Jun 20211031,72969.493.38$13,003
May 20212571,72263.483.02$21,511
Apr 20211061,87560.362.76$11,570
Mar 20212011,90261.302.72$17,489
Feb 20212841,17457.805.55$22,928
Jan 20211081,75350.412.81$10,371
Dec 20202501,84344.642.68$16,091
Nov 20201981,76738.772.71$12,459
Oct 20201131,87936.972.48$8,835
Sep 20201491,98337.091.99$9,475
Aug 20202332,14839.982.39$14,439
Jul 20201052,01838.371.83$7,712
Jun 20202901,85634.901.69$13,258
May 202001,52416.921.81$2,766
Apr 20201691,84114.751.80$5,815
Mar 20202702,01830.341.86$11,938
Feb 20201171,86749.881.98$9,534
Jan 20202471,97157.252.09$18,269
Dec 20192581,67059.012.30$19,073
Nov 20191881,69955.302.75$15,070
Oct 20192722,03953.472.42$19,475
Sep 20192571,82755.052.66$19,003
Aug 20191391,89253.112.30$11,742
Jul 20192501,99756.272.46$18,980
Jun 20192772,12052.782.49$19,901
May 20191392,17558.482.74$14,089
Apr 20192572,19562.632.75$22,134
Mar 20192482,24156.803.06$20,949
Feb 20191211,89450.852.79$11,441
Jan 20192732,38046.033.23$20,249
Dec 20183002,21746.594.19$23,256
Nov 20181872,18752.934.24$19,165
Oct 20182732,53361.443.40$25,380
Sep 20181832,38459.543.11$18,305
Aug 20182412,58459.403.07$22,239
Jul 20182452,60765.142.93$23,603
Jun 20182892,50660.183.08$25,103
May 20181982,80165.382.90$21,070
Apr 20181712,47463.842.90$18,093
Mar 20182352,80261.222.79$22,195
Feb 20182692,48161.782.77$23,482
Jan 20183342,74262.874.01$31,992
Dec 20171691,72857.272.92$14,727
Nov 20172642,83555.423.12$23,471
Oct 20172873,04649.292.98$23,235
Sep 20172572,93847.523.09$21,283
Aug 20173412,81045.373.00$23,914
Jul 20173723,09343.873.09$25,869
Jun 20172363,10442.493.09$19,611
May 20172372,88945.373.26$20,181
Apr 20173712,73147.933.21$26,553
Mar 20173452,25946.772.98$22,876
Feb 20172172,63650.452.95$18,731
Jan 20174382,87549.413.42$31,471
Dec 20163222,72748.763.72$25,853
Nov 20163382,70442.492.64$21,512
Oct 20163453,44146.193.09$26,569
Sep 20162943,61141.553.10$23,412
Aug 20163583,56341.442.92$25,255
Jul 20164224,67541.622.92$31,235
Jun 20163074,04745.352.69$24,792
May 20163813,40542.521.99$22,980
Apr 20164293,37436.561.99$22,402
Mar 20162933,68233.011.79$16,277
Feb 20164001,58926.472.06$13,867
Jan 20165361,96027.352.36$19,294
Dec 20154462,06232.362.00$18,559
Nov 20155563,77938.792.17$29,758
Oct 20152902,60143.552.43$18,941
Sep 20156123,56342.992.76$36,138
Aug 20154603,90840.162.87$29,699
Jul 20155474,53548.152.95$39,694
Jun 20155354,37956.152.88$42,664
May 20156294,38455.212.96$47,684
Apr 20156633,96849.822.71$43,770
Mar 20151,0153,93442.892.93$55,079
Feb 20156673,56144.662.98$40,386
Jan 20158864,78643.433.10$53,319
Dec 20141,1715,88954.693.59$85,192
Nov 20141,7858,77470.464.25$163,077
Oct 20142,8367,84678.303.90$252,666
Sep 20141,5002,16086.164.05$137,978
Aug 2014114889.394.04$687

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.

Mar 2026 — as filed, then multipliedworked
Oil                   60 bbl  × $ 89.75 =     $5,385
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $5,385

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/18686 is the state's own key, not one this site invented.