BANDIT

Operated by CIRCLE-S ENERGY, LLC (P-5 100703) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20921District 7CField 85279201OilCasinghead gasSave
Value, all time
$199.8 M
Dec 2019 – May 2026
Value, last 12 filed months
$10.6 M
at the published price for each month
Months reported
78
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,225,924 bbl$155,519,235
Casinghead gasProduction11,434,168 Mcf$44,234,149
Total$199,753,384

Wells on this lease (6)

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 31.5526, -101.7795. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.55260, -101.77953 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
9,138 ft
6 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.
6100.0%

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 9,121 and 9,159 ft, median 9,138 ft, over the 6 wells that filed a depth.

Completions filed
Oct 2020
6 of 6 wells

6 wells

42-383408057H9,124 ftOct 2020
42-383408068H9,121 ftOct 2020
42-383408079H9,154 ftOct 2020
42-461413974H9,159 ftOct 2020
42-461414045H9,128 ftOct 2020
42-461414056H9,147 ftOct 2020

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 (78)

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

78 months

May 20265,73283,025106.413.05$862,823
Apr 20264,56951,85798.932.87$600,826
Mar 20266,19796,55689.753.15$860,278
Feb 20267,864114,72463.503.75$929,616
Jan 20264,18263,82259.138.00$757,725
Dec 20253,70460,99056.664.41$479,039
Nov 20256,636138,60258.593.93$933,016
Oct 20254,966122,37459.383.30$699,308
Sep 20253,32884,62562.743.08$469,183
Aug 20257,468217,66063.933.01$1,133,622
Jul 202510,100250,72366.743.32$1,505,271
Jun 20259,776219,34866.483.13$1,336,187
May 202510,831216,35260.553.23$1,355,136
Apr 20259,656193,67062.363.54$1,288,344
Mar 20258,542176,92667.704.27$1,333,470
Feb 202510,401195,53870.884.34$1,586,022
Jan 202511,521209,08874.324.28$1,750,861
Dec 202410,904190,35368.993.12$1,346,429
Nov 202413,663199,32869.052.20$1,381,641
Oct 202412,675173,64871.372.28$1,300,775
Sep 20246,701101,42669.612.36$706,264
Aug 20247,886134,63375.632.06$874,251
Jul 202413,895188,85379.932.15$1,516,017
Jun 202415,203188,33578.082.63$1,683,121
May 20249,747128,57578.812.20$1,050,825
Apr 20247,121109,77584.451.66$783,507
Mar 202416,251247,92780.301.55$1,688,035
Feb 202416,475218,26276.091.78$1,642,884
Jan 202417,055201,28573.023.30$1,909,126
Dec 202318,787212,03871.262.61$1,892,333
Nov 202317,541202,82077.892.81$1,935,698
Oct 202318,637198,70085.443.09$2,205,788
Sep 202311,786119,73089.042.74$1,376,892
Aug 202320,413236,10180.522.67$2,274,724
Jul 202321,671226,15674.852.64$2,219,533
Jun 202322,135218,56568.962.26$2,020,054
May 202324,470206,78570.622.23$2,188,664
Apr 202324,441205,97378.122.24$2,370,249
Mar 202324,913185,84072.852.39$2,259,657
Feb 202321,752156,84375.112.47$2,020,517
Jan 202324,901150,41176.533.39$2,415,224
Dec 202227,69388,95076.415.73$2,625,624
Nov 202210,82237,19385.005.65$1,129,869
Oct 202218,288123,68887.185.86$2,319,625
Sep 202231,925217,86184.888.16$4,488,341
Aug 202232,780226,28494.529.13$5,163,696
Jul 202233,794228,185101.587.54$5,153,784
Jun 202233,075203,778115.097.98$5,432,180
May 202239,629228,846109.378.43$6,264,091
Apr 202242,015225,423104.226.84$5,920,156
Mar 202246,511227,652108.885.08$6,219,770
Feb 202244,766200,33491.054.86$5,049,335
Jan 202253,855241,50581.844.54$5,503,366
Dec 202156,792212,97871.323.90$4,880,832
Nov 202158,880199,90077.435.24$5,605,925
Oct 202166,371203,73279.795.71$6,459,840
Sep 202168,396189,86569.865.35$5,794,097
Aug 202176,747175,69366.024.22$5,808,365
Jul 202184,287151,75770.783.98$6,570,142
Jun 202189,716148,28969.493.38$6,735,674
May 202199,495140,53963.483.02$6,740,043
Apr 2021100,446137,33860.362.76$6,441,756
Mar 2021110,939150,27861.302.72$7,208,857
Feb 202176,19690,59757.805.55$4,906,756
Jan 2021100,138129,73250.412.81$5,412,539
Dec 2020105,742136,30044.642.68$5,084,988
Nov 2020117,933140,82238.772.71$4,953,407
Oct 202074,19778,40736.972.48$2,937,389
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

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
Oil                5,732 bbl  × $106.41 =   $609,942
Casinghead gas    83,025 Mcf  × $  3.05 =   $252,881

────────────────────────────────────────────────────
Month total                                 $862,823

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/20921 is the state's own key, not one this site invented.